Combine all ingredients in a 3-qt. saucepan, and cook over medium heat, stirring occasionally, 25 minutes or until thickened and liquid is reduced by three-fourths. (Mixture will continue to thicken as it cools.) Serve warm or at room temperature.
*12 dried Mission figs, coarsely chopped, may be substituted.
Note: For testing purposes only, we used Blue Ribbon Orchard Choice Mission Figlets.