-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NDUhAfFbU3WSQB5JkrY6WzVufPs1BXUl0+g7y9BcTqN+vjCL4V3HKyS/lCil40Lo sUHLN7VksXzk7aOqkubPug== 0001193125-05-005717.txt : 20050113 0001193125-05-005717.hdr.sgml : 20050113 20050113110219 ACCESSION NUMBER: 0001193125-05-005717 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041130 FILED AS OF DATE: 20050113 DATE AS OF CHANGE: 20050113 EFFECTIVENESS DATE: 20050113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HILLIARD LYONS GOVERNMENT FUND INC CENTRAL INDEX KEY: 0000317872 IRS NUMBER: 610978881 STATE OF INCORPORATION: MD FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-03070 FILM NUMBER: 05527312 BUSINESS ADDRESS: STREET 1: HILLIARD LYONS CTR STREET 2: PO BOX 32760 CITY: LOUISVILLE STATE: KY ZIP: 40232 BUSINESS PHONE: 5025888832 MAIL ADDRESS: STREET 1: PO BOX 32760 CITY: LOUISVILLE STATE: KY ZIP: 40232 FORMER COMPANY: FORMER CONFORMED NAME: HILLIARD LYONS CASH MANAGEMENT INC DATE OF NAME CHANGE: 19830125 N-Q 1 dnq.txt FORM N-Q FOR HILLIARD LYONS GOVERNMENT FUND, INC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-3070 Hilliard-Lyons Government Fund, Inc. (Exact name of registrant as specified in charter) Hilliard Lyons Center Louisville, Kentucky 40202 (Address of principal executive offices) (Zip code) William G. Strench, Esq. Frost Brown Todd LLC 400 West Market Street Louisville, Kentucky 40202 (Name and address of agent for service) Registrant's telephone number, including area code: 502-588-8400 Date of fiscal year end: August 31 Date of reporting period: November 30, 2004 Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 ((S)(S) 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles. A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. (S) 3507. Item 1. Schedule of Investments. The Schedule of Investments. HILLIARD-LYONS GOVERNMENT FUND, INC. SCHEDULE OF INVESTMENTS (UNAUDITED) November 30, 2004
Cash Principal Equivalent Maturity Amount Yield Date Value - ----------- ---------- -------- -------------- U.S. GOVERNMENT SPONSORED ENTITIES* --100.1%** $30,000,000 Federal Home Loan Bank Discount Note 1.635% 12/01/04 $30,000,000 12,727,000 Federal Home Loan Bank Discount Note 1.635 12/01/04 12,727,000 27,000,000 Federal Home Loan Bank Discount Note 1.964 12/02/04 26,998,553 17,245,000 Federal Home Loan Bank Discount Note 1.700 12/03/04 17,243,410 31,000,000 Federal Home Loan Bank Discount Note 1.756 12/06/04 30,992,594 24,000,000 Federal Home Loan Bank Discount Note 1.904 12/07/04 23,992,520 35,000,000 Federal Home Loan Bank Discount Note 1.763 12/08/04 34,988,294 40,000,000 Federal Home Loan Bank Discount Note 1.987 12/09/04 39,982,667 19,897,000 Federal Home Loan Bank Discount Note 1.742 12/10/04 19,888,544 15,000,000 Federal Home Loan Bank Discount Note 1.747 12/10/04 14,993,606 25,000,000 Federal Home Loan Bank Discount Note 1.985 12/13/04 24,983,750 25,000,000 Federal Home Loan Bank Discount Note 1.953 12/15/04 24,983,229 12,325,000 Federal Home Loan Bank Discount Note 1.768 12/16/04 12,314,935 21,992,000 Federal Home Loan Bank Discount Note 1.995 12/17/04 21,974,602 15,000,000 Federal Home Loan Bank Discount Note 1.995 12/20/04 14,984,325 15,000,000 Federal Home Loan Bank Discount Note 1.817 12/21/04 14,983,417 30,000,000 Federal Home Loan Bank Discount Note 2.023 12/22/04 29,967,363 24,000,000 Federal Home Loan Bank Discount Note 1.928 12/27/04 23,967,240 20,350,000 Federal Home Loan Bank Discount Note 2.076 12/29/04 20,320,560 30,000,000 Federal Home Loan Bank Discount Note 1.897 12/30/04 29,955,050 48,000,000 Federal Home Loan Bank Discount Note 1.889 12/31/04 47,926,000 42,000,000 Federal Home Loan Bank Discount Note 1.920 01/03/05 41,927,620 33,000,000 Federal Home Loan Bank Discount Note 1.929 01/04/05 32,941,095 35,000,000 Federal Home Loan Bank Discount Note 2.051 01/05/05 34,931,604 29,000,000 Federal Home Loan Bank Discount Note 1.956 01/07/05 28,942,922 27,243,000 Federal Home Loan Bank Discount Note 1.821 01/10/05 27,189,119 30,000,000 Federal Home Loan Bank Discount Note 1.972 01/12/05 29,932,450 20,000,000 Federal Home Loan Bank Discount Note 1.987 01/14/05 19,952,333 40,000,000 Federal Home Loan Bank Discount Note 2.002 01/19/05 39,893,289 25,000,000 Federal Home Loan Bank Discount Note 2.013 01/21/05 24,930,229 13,749,000 Federal Home Loan Bank Discount Note 1.863 01/24/05 13,711,362 35,000,000 Federal Home Loan Bank Discount Note 2.023 01/26/05 34,892,200 30,000,000 Federal Home Loan Bank Discount Note 2.074 01/28/05 29,901,883 26,000,000 Federal Home Loan Bank Discount Note 1.884 02/02/05 25,916,280 20,000,000 Federal Home Loan Bank Discount Note 2.182 02/04/05 19,922,903 45,700,000 Federal Home Loan Bank Discount Note 2.218 02/09/05 45,507,171 35,000,000 Federal Home Loan Bank Discount Note 2.218 02/11/05 34,848,100 20,736,000 Federal Home Loan Bank Discount Note 2.249 02/16/05 20,638,426 16,327,000 Federal Home Loan Bank Discount Note 1.885 02/18/05 16,261,147 20,000,000 Federal Home Loan Bank Discount Note 2.272 02/18/05 19,902,435
HILLIARD-LYONS GOVERNMENT FUND, INC. SCHEDULE OF INVESTMENTS - CONTINUED (UNAUDITED) November 30, 2004
Cash Principal Equivalent Maturity Amount Yield Date Value - ----------- ---------- -------- -------------- $16,550,000 Federal Home Loan Bank Discount Note 2.253 % 02/22/05 $ 16,465,673 20,000,000 Federal Home Loan Bank Discount Note 2.284 02/23/05 19,895,467 20,000,000 Federal Home Loan Bank Discount Note 1.895 02/25/05 19,911,516 28,878,000 Federal Home Loan Bank Discount Note 1.954 03/02/05 28,738,575 32,000,000 Federal Home Loan Bank Discount Note 1.947 03/04/05 31,842,685 32,000,000 Federal Home Loan Bank Discount Note 2.140 03/09/05 31,817,502 20,000,000 Federal Home Loan Bank Discount Note 1.980 03/11/05 19,892,500 26,000,000 Federal Home Loan Bank Discount Note 1.991 03/18/05 25,849,695 25,000,000 Federal Home Loan Bank Discount Note 2.314 03/23/05 24,823,833 25,000,000 Federal Home Loan Bank Discount Note 2.168 03/28/05 24,827,750 31,000,000 Federal Home Loan Bank Discount Note 2.419 04/13/05 30,729,142 17,000,000 Federal Home Loan Bank Discount Note 2.315 04/20/05 16,850,589 29,000,000 Federal Home Loan Bank Discount Note 2.376 04/22/05 28,734,618 23,803,000 Federal Home Loan Bank Discount Note 2.347 04/27/05 23,580,422 35,000,000 Federal Home Loan Bank Discount Note 2.352 04/29/05 34,667,544 -------------- TOTAL U. S. GOVERNMENT SPONSORED OBLIGATIONS (at amortized cost -- $1,438,937,738) 1,438,937,738 -------------- TOTAL INVESTMENTS (100.1%) (at amortized cost -- $1,438,937,738***) $1,438,937,738 ==============
* Obligations of U.S. Government sponsored entities are not issued nor guaranteed by the United States Treasury. ** The percentage shown for each investment category is the total value of that category as a percentage of the total net assets of the Fund. *** Also represents cost for federal income tax purposes. Item 2. Controls and Procedures. (a) The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effectively designed, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)). (b) There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. Item 3. Exhibits. (a) Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940. Filed herewith. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) Hilliard-Lyons Government Fund, Inc. By (Signature and Title)* /s/ Joseph C. Curry ------------------------------------------------------ Joseph C. Curry, Jr., President (principal executive officer) Date 1-11-05 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By (Signature and Title)* /s/ Dianna P. Wengler ------------------------------------------------------ Dianna P. Wengler, Vice President and Treasurer (principal financial officer) Date 1-11-05 By (Signature and Title)* /s/ Joseph C. Curry ------------------------------------------------------ Joseph C. Curry, Jr., President (principal executive officer) Date 1-11-05 * Print the name and title of each signing officer under his or her signature. EX-99.A 2 dex99a.txt CERTIFICATIONS PURSUANT TO RULE 30A-2(A) Exhibit (a) Certifications I, Joseph C. Curry, Jr., certify that: 1. I have reviewed this report on Form N-Q of Hilliard-Lyons Government Fund, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) [Omitted] (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: 1/11/05 /s/ Joseph C. Curry ------------------------------------- Joseph C. Curry, Jr., President (principal executive officer) Exhibit (a) Certifications I, Dianna P. Wengler, certify that: 1. I have reviewed this report on Form N-Q of Hilliard-Lyons Government Fund, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) for the registrant and have: a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b. [Omitted] c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: 1-11-05 /s/ Dianna P. Wengler ------------------------------------- Dianna P. Wengler, Vice President and Treasurer (principal financial officer) -----END PRIVACY-ENHANCED MESSAGE-----