Full Value Advisors

Full Value Advisors as of Dec. 31, 2006

Portfolio Holdings for Full Value Advisors

Full Value Advisors holds 66 positions in its portfolio as reported in the December 2006 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Putnam Master Int. Income (PIM) 7.6 $11M 1.6M 6.42
New Germany Fund (GF) 7.5 $11M 726k 14.47
First Trust Value Line 5.2 $7.2M 431k 16.73
MFS Government Markets Income Trust (MGF) 4.5 $6.2M 957k 6.52
Gyrodyne Company of America 4.3 $6.0M 97k 62.00
Neuberger Berman Real Incm F 4.2 $5.8M 241k 23.97
Franklin Universal Trust (FT) 4.0 $5.6M 807k 6.91
Putnam Tax Free Health Care sh ben int 3.8 $5.3M 420k 12.70
NORTH PITTSBURGH SYS INC COM Stk 3.5 $4.9M 204k 24.14
Neuberger Berman Rlty 3.5 $4.8M 199k 24.21
Putnam Premier Income Trust (PPT) 3.4 $4.7M 727k 6.43
Seligman Quality Municipal 2.8 $3.9M 305k 12.76
Western Ast Clymr Infl Lkd Sc & Incm (WIA) 2.6 $3.7M 318k 11.57
Tri-Continental Corporation (TY) 2.6 $3.6M 162k 22.38
Acm Managed Income 2.3 $3.2M 960k 3.37
Gabelli Dividend & Income Trust (GDV) 2.3 $3.2M 147k 21.47
Municipal Advantage 2.2 $3.1M 241k 12.83
Van Kampen Income Tr sh ben int 2.1 $2.9M 485k 5.97
Putnam High Income Securities Fund 1.9 $2.6M 300k 8.58
Wilshire Oil Co Tex 1.5 $2.1M 471k 4.55
BlackRock Enhanced Capital and Income (CII) 1.3 $1.9M 92k 20.42
Aberdeen Emerging Mkts Telecom & etf 1.3 $1.9M 102k 18.29
Ready Mix 1.3 $1.8M 165k 11.10
Neuberger Berman Real Estate Sec (NRO) 1.3 $1.8M 98k 18.26
LMP Real Estate Income Fund 1.2 $1.7M 80k 21.64
Energy Infras 1.2 $1.7M 180k 9.45
Aim Select Real Estate Income 1.2 $1.6M 99k 16.67
Wellsford Real Pptys 1.0 $1.4M 192k 7.52
Western Asset Inflation Mgnt Fnd (IMF) 1.0 $1.4M 90k 15.91
Pioneer Tax Advntage Balanc 1.0 $1.3M 95k 14.00
Airnet Systems 0.9 $1.3M 445k 2.96
Rmr Hospitality & Real Estate 0.9 $1.3M 69k 19.15
Medallion Financial (MFIN) 0.9 $1.3M 101k 12.37
America First Apartment Inv 0.9 $1.2M 66k 18.31
Time Warner 0.8 $1.1M 50k 21.78
John Hancock Tax-Advantage Dvd Incom (HTD) 0.8 $1.1M 53k 20.32
Boulder Growth & Income Fund (STEW) 0.8 $1.1M 112k 9.61
Acm Govt Opportunity Fund 0.8 $1.1M 125k 8.41
USG Corporation 0.7 $1.0M 19k 54.81
Rmr Real Estate Fd sh ben int 0.7 $1.0M 58k 17.48
Putnam High Yield Mun Tr sh ben int 0.7 $992k 137k 7.25
Mexico Equity and Income Fund (MXE) 0.7 $948k 37k 25.60
Boulder Total Return Fund 0.7 $914k 41k 22.35
Millennium India Acquisition Company (MILC) 0.7 $913k 125k 7.33
Owens Corning (OC) 0.6 $852k 29k 29.89
Mexico Fund (MXF) 0.5 $702k 18k 39.56
Great Lakes Ban 0.5 $660k 47k 14.03
FFD Financial Corporation (FFDF) 0.4 $569k 33k 17.52
Zweig Fund 0.4 $534k 93k 5.75
Blair Corp. 0.3 $447k 14k 32.75
Roberts Realty Investors 0.3 $401k 51k 7.92
Western Asset High Income Fund (HIF) 0.3 $391k 35k 11.08
Armstrong World Industries (AWI) 0.3 $382k 9.0k 42.44
Western Asset Municipal Partners Fnd 0.3 $375k 29k 13.07
WINTHROP REALTY TRUST Com Reit 0.2 $330k 48k 6.84
Amerivest Properties 0.2 $287k 718k 0.40
Prudential Bancorp, Inc. of PA 0.2 $268k 20k 13.40
Dws Global Commodities Stk F 0.2 $238k 15k 15.75
Putnam Invt Grade Mun Tr 0.2 $226k 22k 10.09
Ameritrans Capital Corporation 0.1 $208k 40k 5.20
H&Q Life Sciences Investors 0.1 $175k 13k 13.50
Acm Managed Dollar Income 0.1 $186k 24k 7.84
Vestin Realty Mortgage I 0.1 $116k 23k 5.12
Wts Millennium India *w exp 07/19/201 0.1 $93k 125k 0.75
Energy Infrastructure Acqui *w exp 07/17/2010 0.1 $90k 180k 0.50
First Trust/value Line 0.0 $0 25k 0.00