Full Value Advisors

Full Value Advisors as of June 30, 2007

Portfolio Holdings for Full Value Advisors

Full Value Advisors holds 95 positions in its portfolio as reported in the June 2007 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Tri-Continental Corporation (TY) 6.4 $40M 1.5M 26.02
Putnam Master Int. Income (PIM) 5.8 $36M 5.5M 6.60
New Germany Fund (GF) 5.8 $36M 2.0M 17.75
MFS Government Markets Income Trust (MGF) 5.2 $32M 4.9M 6.65
Cohen & Steers infrastucture Fund (UTF) 4.6 $29M 1.1M 26.26
Neuberger Berman Rlty 3.9 $24M 1.1M 22.75
Putnam Premier Income Trust (PPT) 3.6 $23M 3.5M 6.60
Putnam Tax Free Health Care sh ben int 3.6 $22M 1.6M 13.67
Neuberger Berman Real Estate Sec (NRO) 3.3 $21M 1.2M 17.15
Neuberger Berman Real Incm F 3.1 $19M 723k 26.42
Claymore Raymond James Sb1 E 2.7 $17M 834k 19.93
Franklin Universal Trust (FT) 2.5 $16M 2.2M 7.17
Pimco Municipal Advantage Fund mc 2.5 $16M 1.2M 13.15
NORTH PITTSBURGH SYS INC COM Stk 2.1 $13M 627k 21.25
Cohen & Steers Reit & Util I 2.1 $13M 609k 21.30
Acm Managed Income 2.1 $13M 3.3M 3.87
Gyrodyne Company of America 1.7 $11M 186k 57.39
Gabelli Dividend & Income Trust (GDV) 1.6 $10M 459k 22.34
Aberdeen Emerging Mkts Telecom & etf 1.6 $10M 471k 21.22
Broadridge Financial Solutions (BR) 1.5 $9.5M 496k 19.12
Pioneer Tax Advntage Balanc 1.5 $9.2M 621k 14.85
Wstrn Ast Clymr Infltn Lkd Opts & Inc (WIW) 1.3 $8.0M 707k 11.37
Swiss Helvetia Fund (SWZ) 1.1 $7.1M 397k 17.80
Dws Global Commodities Stk F 1.1 $7.1M 436k 16.26
Putnam High Income Securities Fund 1.1 $7.0M 784k 8.89
Rmr Real Estate Fd sh ben int 1.1 $7.0M 438k 16.04
Armstrong World Industries (AWI) 1.1 $6.9M 137k 50.15
Mexico Fund (MXF) 1.0 $6.5M 155k 41.98
LMP Capital and Income Fund (SCD) 1.0 $6.0M 292k 20.46
Bancroft Fund (BCV) 1.0 $6.0M 282k 21.32
Dws Rreef Real Estate Fd Inc mc 0.9 $5.7M 243k 23.70
Morgan Stanley Asia Pacific Fund 0.8 $5.3M 257k 20.58
Vestin Rlty Mtg Ii 0.8 $5.3M 914k 5.76
Dekania 0.8 $5.3M 565k 9.33
First Tr Value Line 100 0.8 $5.2M 310k 16.67
Energy Infras 0.8 $4.9M 504k 9.76
BlackRock Enhanced Capital and Income (CII) 0.8 $5.0M 224k 22.08
Owens Corning (OC) 0.8 $4.8M 143k 33.63
Western Asset Inflation Mgnt Fnd (IMF) 0.8 $4.8M 302k 15.86
Rmr Hospitality & Real Estate 0.8 $4.7M 218k 21.68
Wilshire Oil Co Tex 0.7 $4.5M 1.2M 3.89
Medallion Financial (MFIN) 0.7 $4.1M 346k 11.83
Ellsworth Fund (ECF) 0.7 $4.0M 442k 9.15
Airnet Systems 0.6 $3.9M 1.2M 3.33
Time Warner Cable Inc cl a 0.6 $3.7M 96k 39.16
Central Europe and Russia Fund (CEE) 0.6 $3.7M 71k 51.70
Zweig Total Return Fund 0.6 $3.6M 701k 5.07
Other strategy 0.6 $3.5M 157k 22.18
Temple-Inland 0.6 $3.4M 56k 61.54
Mexico Equity and Income Fund (MXE) 0.5 $3.4M 95k 35.41
Boulder Total Return Fund 0.5 $3.2M 151k 21.33
Dws Rreef Real Estate Fd Ii 0.5 $3.0M 168k 17.97
John Hancock Tax-Advantage Dvd Incom (HTD) 0.5 $2.9M 151k 19.52
LGL (LGL) 0.4 $2.5M 194k 12.80
Roberts Realty Investors 0.4 $2.5M 324k 7.70
Millennium India Acquisition Company (MILC) 0.4 $2.5M 329k 7.49
Morgan Stanley Emerging Markets Fund 0.4 $2.5M 90k 27.20
Ntr Acquisition 0.4 $2.3M 241k 9.47
Time Warner 0.4 $2.3M 107k 21.05
Templeton Dragon Fund (TDF) 0.4 $2.3M 87k 26.30
Wstrn Asst Emrgng Mrkts Incm Fnd 0.3 $2.1M 158k 13.32
Great Lakes Ban 0.3 $2.0M 149k 13.20
Western Asset Emerging Mrkts Dbt Fnd (EMD) 0.3 $1.9M 109k 17.87
Putnam High Yield Mun Tr sh ben int 0.3 $1.9M 264k 7.39
America First Apartment Inv 0.3 $1.9M 76k 24.74
WINTHROP REALTY TRUST Com Reit 0.3 $1.8M 262k 6.91
Akzo Nobel 0.3 $1.8M 20k 85.77
Asia Tigers Fund 0.3 $1.8M 70k 25.44
Renaissance Acquisition 0.2 $1.5M 276k 5.60
TFS Financial Corporation (TFSL) 0.2 $1.2M 104k 11.53
FFD Financial Corporation (FFDF) 0.2 $1.1M 70k 15.85
Western Asst Mun Prt Fd Ii 0.2 $1.1M 89k 12.80
Consolidated-Tomoka Land 0.2 $1.1M 15k 69.31
Morgan Stanley High Yield 0.1 $938k 158k 5.94
Crystal Riv Cap 0.1 $753k 31k 24.29
Oritani Financial Corp 0.1 $605k 40k 15.01
Neuberger Berman Income Opp 0.1 $564k 22k 25.64
Boulder Growth & Income Fund (STEW) 0.1 $503k 42k 11.86
Magyar Ban 0.1 $475k 34k 14.18
Wauwatosa Holdings 0.1 $491k 30k 16.53
Putnam Invt Grade Mun Tr 0.1 $485k 49k 10.00
Ready Mix 0.1 $444k 35k 12.71
Prudential Bancorp, Inc. of PA 0.1 $387k 30k 12.99
Fox Chase Bancorp 0.1 $313k 23k 13.67
SunAmerica Focused Alpha Growth Fund 0.1 $317k 17k 19.10
Adams Express Company (ADX) 0.1 $291k 20k 14.90
MFS Charter Income Trust (MCR) 0.1 $292k 35k 8.46
Center Ban 0.0 $279k 19k 14.76
Zweig Fund 0.0 $228k 37k 6.15
Western Asset Worldwide Income Fund 0.0 $165k 12k 13.75
Investors Ban 0.0 $140k 10k 13.46
Grupo Televisa (TV) 0.0 $73k 13k 5.49
TCW Strategic Income Fund (TSI) 0.0 $50k 10k 5.00
Selectica Inc Del 0.0 $37k 19k 1.93
Golf Tr Amer 0.0 $36k 15k 2.40