Steven M. Palazzo Net Worth & Financial Disclosure

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Annual financial disclosure for 2012, filed May 14, 2012. Includes 28 assets and 4 liabilities.

Year:

2013 2012 2011

Est. Net Worth

$3.3M

2012 annual disclosure

Total Assets

$1.3M - $6M

28 assets

Total Liabilities

$225K - $565K

4 liabilities

Total Trades

From PTR filings

Trade Volume

$175K

Midpoint of disclosed ranges

Net Worth Over Time

Show data table

Period	Est. net worth
2011	-$208K
2012	$3.3M
2013	$1.1M

Assets by Category

LLC / Partnership$3M (1)

Mutual Funds$408K (21)

Real Estate$175K (1)

Bank & Cash$75K (1)

Retirement & Pension$16K (2)

Insurance$16K (2)

Top Stock Holdings (from trades)

All Assets (28)

Asset	Type	Owner	Value	Income
Growth Fund of America - Europacific Growth Fund-A	Mutual Funds	Self	$15,001 - $50,000	Dividends $201 - $1,000
American Funds: The Growth Fund of America-A	Mutual Funds	Self	$1,001 - $15,000	Dividends $1 - $200
American Funds: Capital World Growth and Income Fund-A	Mutual Funds	Self	$15,001 - $50,000	Dividends $1,001 - $2,500
MS Employees Retirement (PERS)	Retirement & Pension	Self	$1,001 - $15,000	None
Public Employees Retirement - MS (SLRP)	Retirement & Pension	Self	$1,001 - $15,000	None
Fidelity: FID Freedom 2035	Mutual Funds	Self	N/A	Dividends $1 - $200
Fidelity: FD Freedom K 2035	Mutual Funds	Self	$1,001 - $15,000	Dividends $1 - $200
Fidelity: S&P 500 Index INV	Mutual Funds	Self	N/A	Dividends $1 - $200
Fidelity: S&P 500 Index Inst	Mutual Funds	Self	$50,001 - $100,000	Dividends $1 - $200
Fidelity: LifeVarPremix	Mutual Funds	Self	$1,001 - $15,000	None
Hewitt: Bonds and Stocks	Mutual Funds	Self	$15,001 - $50,000	None
Hewitt: Large Stocks (S&P 500 Index)	Mutual Funds	Self	$1 - $1,000	None
Hewitt: Large Stocks (Large Cap Growth)	Mutual Funds	Self	$1,001 - $15,000	None
Hewitt: Small Stocks	Mutual Funds	Self	$15,001 - $50,000	None
Muri Sielbert Money Market Fund (Capital Reserves Class)	Mutual Funds	Self	$15,001 - $50,000	Dividends $1 - $200
Farm Bureau: Fidelity VIP Contrafund	Mutual Funds	Self	$15,001 - $50,000	None
Farm Bureau: Fidelity VIP Growth	Mutual Funds	Self	$1,001 - $15,000	None
Farm Bureau: Fidelity VIP High Income	Mutual Funds	Self	$15,001 - $50,000	None
Farm Bureau: Fidelity VIP Mid Cap	Mutual Funds	Self	$15,001 - $50,000	None
Farm Bureau: Fidelity VIP Index 500	Mutual Funds	Self	$1,001 - $15,000	None
Farm Bureau: T. Rowe Equity Reserve	Mutual Funds	Self	$1,000 - $15,000	None
Farm Bureau: T. Rowe Prime Reserve	Mutual Funds	Self	$1,001 - $15,000	None
Farm Bureau: T. Rowe Personal Strategy Balanced	Mutual Funds	Self	$1,001 - $15,000	None
House Jackson, MS, US	Real Estate	Joint	$100,001 - $250,000	Rent $5,001 - $15,000
BancorpSouth Bank Accounts	Bank & Cash	Joint	$50,001 - $100,000	Interest $1 - $200
Palazzo & Company LLC	LLC / Partnership	Spouse	$1,000,001 - $5,000,000	Business Income $100,001 - $1,000,000
Farm Bureau: Lisa Palazzo	Insurance	Spouse	$1,001 - $15,000	None
Farm Bureau: Steven Palazzo	Insurance	Self	$1,001 - $15,000	None

Liabilities (4)

Creditor	Type	Amount	Rate	Term
American Express	credit card	$10,001 - $15,000	—	—
Personal Residence: Biloxi, MS - Regions Mortgage	mortgage	$100,001 - $250,000	—	—
Land: Leakesville - Southern Agg Credit	mortgage	$15,001 - $50,000	—	—
House: Jackson, MS - BancorpSouth	mortgage	$100,001 - $250,000	—	—

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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).