SCHEDULE 13D
DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
3/20/06
1. NAME OF REPORTING PERSON
Bulldog Investors, Phillip Goldstein, Andrew Dakos
2. CHECK THE BOX IF MEMBER OF A GROUP a[X]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
NA
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
________________________________________________________________
7. SOLE VOTING POWER
NA
8. SHARED VOTING POWER
NA
9. SOLE DISPOSITIVE POWER
NA____________________________________________________
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
206,964
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES []
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
16.72%
14. TYPE OF REPORTING PERSON
NA
___________________________________________________________
1. NAME OF REPORTING PERSON
Phillip Goldstein
2. CHECK THE BOX IF MEMBER OF A GROUP a[X]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
________________________________________________________________
7. SOLE VOTING POWER
41,060
8. SHARED VOTING POWER
2200
9. SOLE DISPOSITIVE POWER
77,210_______________________________________________________
10. SHARED DISPOSITIVE POWER
95,104
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
172,314
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES []
________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
13.93%
14. TYPE OF REPORTING PERSON
IA
________________________________________________________________
1. NAME OF REPORTING PERSON
Andrew Dakos
2. CHECK THE BOX IF MEMBER OF A GROUP a[X]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
________________________________________________________________
7. SOLE VOTING POWER
129,754
8. SHARED VOTING POWER
0
9. SOLE DISPOSITIVE POWER
34,650__________________________________________________________
10. SHARED DISPOSITIVE POWER
95,104
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
129,754
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES []
________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
10.49%
14. TYPE OF REPORTING PERSON
IA
________________________________________________________________
This statement constitutes Amendment # 4 to the Schedule 13d
filed on February 14, 2005. Except as specifically set forth
herein, the Schedule 13d remains unmodified.
Item 5 is amended as follows:
Item 5. INTEREST IN SECURITIES OF THE ISSUER
a. As per the 10QSB filed on 3/10/06 there were 1,237,219
shares of common stock outstanding as of 1/31/06. The percentages
set forth in this item were derived using such number.
Bulldog Investors,a group of investment funds, Phillip Goldstein
and Andrew Dakos beneficially own an aggregate of 206,964 shares
of GYRO or 16.72% of the outstanding shares.
Mr. Phillip Goldstein is deemed to be the beneficial owner of
172,314 shares of GYRO or 13.93% of the outstanding shares. Mr.
Dakos is deemed to be the beneficial owner of 129,754 shares or
10.49% of the outstanding shares.
b. Power to dispose of securities resides solely with Mr.
Goldstein for 77,210 shares. Power to vote securities resides
solely with Mr. Goldstein for 41,060 shares and jointly for 1,600
shares. Power to vote securities resides solely with Mr. Dakos
for 129,754 shares and power to dispose securities resides solely
with Mr. Dakos for 34,650 shares. Power to dispose securities
resides jointly with Mr. Goldstein and Mr. Dakos for 95,104
shares.
c. During the last 60 days the following shares of GYRO were
purchased (there were no sales);(does not include purchases
reported in previous filings.)
3/20/06 61,772 @ 42
d. Beneficiaries of accounts managed by Mr. Goldstein and Mr.
Dakos are entitled to receive any dividend and sales proceeds.
e. NA
Item 7 is amended as follows:
Item 7. Material to be filed as Exhibits
None.
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
DATED: 3/28/06
By: /s/ Phillip Goldstein
Name: Phillip Goldstein
By: /s/ Andrew Dakos
Name: Andrew Dakos