Joseph R. Pitts Net Worth & Financial Disclosure

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Annual financial disclosure for 2008, filed May 14, 2008. Includes 11 assets.

Year:

2013 2012 2011 2010 2009 2008

Est. Net Worth

$656K

2008 annual disclosure

Total Assets

$396K - $915K

11 assets

Total Liabilities

0 liabilities

Total Trades

From PTR filings

Trade Volume

$445K

Midpoint of disclosed ranges

Net Worth Over Time

Show data table

Period	Est. net worth
2008	$656K
2009	$499K
2010	$523K
2011	$531K
2012	$864K
2013	$1M

Assets by Category

Mutual Funds$540K (7)

Retirement & Pension$108K (2)

Bank & Cash$8K (1)

Gov. Securities$0 (1)

Top Stock Holdings (from trades)

All Assets (11)

Asset	Type	Owner	Value	Income
National Penn Bank	Bank & Cash	Self	$1,001 - $15,000	Interest $1 - $200
American Capital Income Builder Class A	Mutual Funds	Self	$15,001 - $50,000	Dividends $1,001 - $2,500
American Capital World Growth & Income A	Mutual Funds	Self	$50,001 - $100,000	Dividends $1,001 - $2,500
American Fund of America Class A	Mutual Funds	Self	$100,001 - $250,000	Dividends $1,001 - $2,500
American Income Fund of America Class A	Mutual Funds	Self	$50,001 - $100,000	Dividends $1,001 - $2,500
Perspective Class A	Mutual Funds	Self	$50,001 - $100,000	Dividends $1,001 - $2,500
American Washington Mutual Investors Class A	Mutual Funds	Self	$15,001 - $50,000	Dividends $201 - $1,000
Morgan Stanley Institutional American Real Estate Trust I	Mutual Funds	Self	$50,001 - $100,000	None
Commonwealth of PA IDA Revenue Bonds (rolled over into Prime Money Market Fund and then distributed into above funds) Pennsylvania, US	Gov. Securities	Self	N/A	None
TIAA Traditional	Retirement & Pension	Spouse	$15,001 - $50,000	Interest $1,001 - $2,500
CREF Stock	Retirement & Pension	Spouse	$50,001 - $100,000	Dividends $2,501 - $5,000

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Methodology: Net worth is calculated from annual financial disclosures filed under the STOCK Act. Congress members report asset values and liabilities in ranges (e.g., $1,001-$15,000), not exact amounts. The “estimated net worth” shown is the midpoint of total assets minus the midpoint of total liabilities. Actual values may differ. Stock trading data comes from separate Periodic Transaction Reports (PTRs).