| Category | Amount |
|---|---|
| N/A | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| GOLDMAN SACHS TRUST HIGH YIELD FUND INSTITUTL SHS - 282499.15 SHS | 1,997,269 | 2,062,244 |
| ISHARES BARCLAYS TIPS BOND FUND - 11850 SHS | 1,245,959 | 1,274,112 |
| JPM HIGH YIELD FD - SEL FUND 3580 6.12% - 252818.83 SHS | 1,942,621 | 2,060,473 |
| JPM SHORT DURATION BOND FD - SEL FUND 3133 1.20% - 241584.47 SHS | 2,556,075 | 2,650,182 |
| DREYFUS/LAUREL FDS TR PRM EMRGN MK I - 29118.66 SHS | 413,485 | 421,056 |
| JPM STR INC OPP FD FUND 3844 2.16% - 102599.4 SHS | 1,127,372 | 1,213,751 |
| JPM INTL CURRENCY INCOME FD INCOME FUND 1.45% - 72782.49 SHS | 794,057 | 818,803 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES - 350 SHS | 16,019 | 16,769 |
| ALEXION PHARMACEUTICALS INC - 70 SHS | 3,919 | 5,639 |
| AMAZON COM INC - 75 SHS | 8,747 | 13,500 |
| AMERICAN EXPRESS CO - 100 SHS | 4,236 | 4,292 |
| APACHE CORP - 165 SHS | 13,054 | 19,673 |
| APPLE INC. - 110 SHS | 14,050 | 35,482 |
| BB & T CORP - 150 SHS | 2,374 | 3,944 |
| BAKER HUGHES INC - 150 SHS | 7,520 | 8,576 |
| CVS CAREMARK CORPORATION - 325 SHS | 4,903 | 11,300 |
| CAMPBELL SOUP COMPANY - 150 SHS | 5,423 | 5,213 |
| CARDINAL HEALTH INC - 225 SHS | 6,346 | 8,620 |
| CELGENE CORPORATION - 160 SHS | 7,120 | 9,462 |
| CISCO SYSTEMS INC - 1125 SHS | 16,959 | 22,759 |
| CITRIX SYSTEMS INC - 60 SHS | 4,122 | 4,105 |
| COLGATE PALMOLIVE CO - 90 SHS | 7,071 | 7,233 |
| WALT DISNEY CO - 350 SHS | 6,215 | 13,129 |
| DOW CHEMICAL CO - 300 SHS | 8,518 | 10,242 |
| E I DU PONT DE NEMOURS & CO - 455 SHS | 17,391 | 22,695 |
| E M C CORP MASS - 300 SHS | 6,164 | 6,870 |
| FREEPORT-MCMORAN COPPER & GOLD INC CL B - 180 SHS | 5,589 | 21,616 |
| GENERAL ELECTRIC CO - 375 SHS | 5,756 | 6,859 |
| GENERAL MILLS INC - 150 SHS | 4,309 | 5,339 |
| INTERNATIONAL BUSINESS MACHINES CORP - 95 SHS | 7,455 | 13,942 |
| JOHNSON CONTROLS INC - 525 SHS | 9,357 | 20,055 |
| KELLOGG CO - 75 SHS | 3,647 | 3,831 |
| LENNAR CORP - 125 SHS | 1,936 | 2,344 |
| LOWES COMPANIES INC - 275 SHS | 6,348 | 6,897 |
| MICROSOFT CORP - 1250 SHS | 24,436 | 34,888 |
| MORGAN STANLEY - 250 SHS | 4,439 | 6,803 |
| NATIONAL-OILWELL VARCO INC - 60 SHS | 3,640 | 4,035 |
| NIKE INC B - 75 SHS | 4,214 | 6,407 |
| NORFOLK SOUTHERN CORP - 375 SHS | 14,821 | 23,558 |
| NOVELLUS SYSTEMS INC - 250 SHS | 6,243 | 8,080 |
| OCCIDENTAL PETROLEUM CORP - 215 SHS | 9,355 | 21,092 |
| ORACLE CORP - 525 SHS | 12,094 | 16,433 |
| PACCAR INC - 270 SHS | 6,874 | 15,482 |
| PARKER-HANNIFIN CORP - 35 SHS | 1,394 | 3,021 |
| PEPSICO INC - 150 SHS | 7,908 | 9,800 |
| PFIZER INC - 1350 SHS | 18,404 | 23,639 |
| PROCTER & GAMBLE CO - 350 SHS | 18,439 | 22,516 |
| PUBLIC SERVICE ENTERPRISE GROUP - 25 SHS | 815 | 795 |
| QUALCOMM INC - 350 SHS | 11,663 | 17,322 |
| T ROWE PRICE INTERNL FUNDS INC NEW ASIA FUND - 73270.31 SHS | 1,057,108 | 1,405,324 |
| SPDR S&P 500 ETF TRUST - 7111 SHS | 731,068 | 894,208 |
| SANDISK CORP - 75 SHS | 3,227 | 3,740 |
| SOUTHERN CO - 225 SHS | 6,796 | 8,602 |
| SPRINT NEXTEL CORP - 1275 SHS | 5,412 | 5,393 |
| STAPLES INC - 450 SHS | 8,076 | 10,247 |
| STATE STREET CORP - 75 SHS | 2,975 | 3,476 |
| SYSCO CORP - 150 SHS | 4,742 | 4,410 |
| UNITED TECHNOLOGIES CORP - 250 SHS | 13,973 | 19,680 |
| XILINX CORP - 200 SHS | 5,720 | 5,796 |
| COGNIZANT TECHNOLOGY SOLUTIONS CORP CL A - 130 SHS | 6,666 | 9,528 |
| SEMPRA ENERGY - 75 SHS | 3,903 | 3,936 |
| CITIGROUP INC - 3325 SHS | 13,541 | 15,727 |
| WELLS FARGO & CO - 600 SHS | 8,090 | 18,594 |
| THORNBURG VALUE FUND FD CL I - 27479.9 SHS | 951,594 | 946,683 |
| BANK OF AMERICA CORP - 1150 SHS | 11,370 | 15,341 |
| GOLDMAN SACHS GROUP INC - 90 SHS | 6,667 | 15,134 |
| DEVON ENERGY CORP - 150 SHS | 10,139 | 11,777 |
| EOG RESOURCES INC - 145 SHS | 11,281 | 13,254 |
| HONEYWELL INTERNATIONAL INC - 250 SHS | 10,815 | 13,290 |
| UNITEDHEALTH GROUP INC - 130 SHS | 4,884 | 4,694 |
| ISHARES S&P MIDCAP 400 INDEX FUND - 16615 SHS | 1,189,885 | 1,506,814 |
| VERIZON COMMUNICATIONS INC - 450 SHS | 12,242 | 16,101 |
| COACH INC - 125 SHS | 4,664 | 6,914 |
| US BANCORP DEL - 275 SHS | 4,176 | 7,417 |
| DODGE & COX INTERNATIONAL STOCK - 24779 SHS | 716,858 | 884,858 |
| ADVANCED AUTO PARTS INC - 100 SHS | 3,001 | 6,615 |
| 3M CO - 70 SHS | 6,042 | 6,041 |
| YUM BRANDS INC - 300 SHS | 10,199 | 14,715 |
| ARTISAN INTL VALUE FUND - INV - 21346.03 SHS | 488,442 | 578,691 |
| COMCAST CORP CL A - 225 SHS | 3,807 | 4,943 |
| CARNIVAL CORPORATION - 150 SHS | 5,402 | 6,917 |
| GOOGLE INC CL A - 13 SHS | 3,649 | 7,722 |
| WELLPOINT INC - 50 SHS | 2,771 | 2,843 |
| ASTON FDS TAMRO S CAP I - 39542.59 SHS | 534,616 | 848,979 |
| JPM US REAL ESTATE FD - SEL FUND 3037 - 66705.8 SHS | 793,132 | 1,039,276 |
| JPM MARKET EXPANSION INDEX FD - SEL FUND 3708 - 93419.55 SHS | 793,132 | 1,005,194 |
| JPM ASIA 3 FD - SEL FUND 1134 - 26642.56 SHS | 719,093 | 1,009,220 |
| MANAGERS AMG FUNDS-TIMESSQUARE MID CAP GRTH FUND - 123128.99 SHS | 1,556,668 | 1,713,956 |
| VANGUARD MSCI EMERGING MARKETS ETF - 36933 SHS | 1,584,477 | 1,778,176 |
| JPM US LRGE CAP CORE PLUS FD - SEL FUND 1002 - 47337.14 SHS | 874,317 | 978,459 |
| AT&T INC - 225 SHS | 8,609 | 6,611 |
| STARWOOD HOTELS & RESORTS - 90 SHS | 1,886 | 5,470 |
| POWERSHARES DB COMMODITY INDEX TRACKING FUND - 29941 SHS | 640,336 | 824,875 |
| HARTFORD CAPITAL APPRECIATION FUND - 39828.6 SHS | 1,192,273 | 1,379,663 |
| CME GROUP INC CLASS A COMMON STOCK - 20 SHS | 5,657 | 6,435 |
| EATON VANCE MUT FDS TR GLOBAL MACRO - I - 75845.41 SHS | 785,000 | 778,932 |
| INVESCO LTD - 175 SHS | 3,422 | 4,211 |
| PHILIP MORRIS INTERNATIONAL - 115 SHS | 1,832 | 6,731 |
| K2 OVERSEAS LONG SHORT FUND I, LTD. - 900 SHS | 900,000 | 880,784 |
| SPDR GOLD TRUST - 3800 SHS | 351,671 | 527,136 |
| ACE LTD NEW - 100 SHS | 4,220 | 6,225 |
| TYCO INTERNATIONAL LTD - 175 SHS | 6,567 | 7,252 |
| TIME WARNER INC NEW - 733 SHS | 16,637 | 23,581 |
| COVIDIEN PLC - 100 SHS | 3,605 | 4,566 |
| THREADNEEDLE ASIA PACIFIC FUND - R5 - 68095.41 SHS | 785,468 | 963,550 |
| HSBC 18M SPX MKT PLS NOTE 02/10/11 231000 SHS | 228,690 | 284,754 |
| BARC ASIA BSKT MKT PLS NOTE 03/03/11 08/28/09:100 - 450000 SHS | 444,375 | 534,510 |
| MERCK AND CO INC - 500 SHS | 14,062 | 18,020 |
| JPM RESEARCH MARKET NEUTRAL FD - SEL FUND - SEL - 55228.4 SHS | 861,168 | 852,727 |
| BARC BREN DJ-UBS COMDTY 12/5/11 DD 11/27/09 - 200000 SHS | 197,000 | 228,100 |
| CS ASIA BREN 01/12/11 12/11/09: 100.00 - 350000 SHS | 346,500 | 418,355 |
| GS EAFE BREN 01/14/11 - 396000 SHS | 392,040 | 408,791 |
| HSBC SPX BREN 01/14/11 - 396000 SHS | 392,040 | 451,678 |
| GS EAFE NOTE 01/24/11 - 400000 SHS | 396,600 | 401,408 |
| HSBC EAFE BREN 02/17/11 - 400000 SHS | 396,000 | 403,280 |
| GS SPX MKT PLS NOTE 08/04/11 - 386000 SHS | 381,175 | 448,590 |
| HSBC SPX BREN 02/17/11 - 386000 SHS | 382,140 | 427,920 |
| MS SPX CONT BUFF EQ NOTE 09/01/11 - 400000 SHS | 395,000 | 454,860 |
| HIGHBRIDGE DYNAMIC COMM STRG FD -SEL STRATEGY FUND - SE - 26859.89 SHS | 374,964 | 520,276 |
| MS SPX CONT BUFF EQ NOTE 10/03/11 - 400000 SHS | 395,000 | 431,340 |
| MS COMMODITY CPN 04/14/11 - 200000 SHS | 198,000 | 214,000 |
| GS EAFE NOTE 05/12/11 - 300000 SHS | 296,130 | 290,631 |
| GS SPX REN 06/03/11 - 400000 SHS | 396,000 | 451,000 |
| NEXTERA ENERGY INC - 115 SHS | 5,779 | 5,979 |
| BARC SPX BREN 07/15/11 - 400000 SHS | 396,000 | 440,600 |
| MS WTI QRN 11/25/11 LNKED TO S&P GSCI CRUDE OIL INDEX - 250000 SHS | 250,000 | 253,750 |
| DB BREN SPX 1/6/12 - 400000 SHS | 396,000 | 400,373 |
| DB BREN ASIA BASKET 01/06/12 - 400000 SHS | 396,000 | 402,850 |
| JUNIPER NETWORKS INC - 300 SHS | 5,075 | 11,076 |
| EXXON MOBIL CORP - 470 SHS | 29,225 | 34,366 |
| METLIFE INC - 200 SHS | 6,854 | 8,888 |
| MARVELL TECHNOLOGY GROUP LTD - 275 SHS | 5,551 | 5,101 |
| PRUDENTIAL FINANCIAL INC - 150 SHS | 3,359 | 8,807 |
| CONOCOPHILLIPS - 225 SHS | 10,709 | 15,323 |
| BIOGEN IDEC INC - 100 SHS | 5,493 | 6,705 |
| BAIDU INC SPONS ADR - 55 SHS | 5,063 | 5,309 |
| TD AMERITRADE HOLDING CORPORATION - 275 SHS | 4,334 | 5,222 |
| MASTERCARD INC - CLASS A - 30 SHS | 5,417 | 6,723 |
| GENERAL MOTORS CO - 235 SHS | 8,168 | 8,662 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER ASSETS | 79,300 | 79,300 | 101,616 |
| REAL ESTATE PROPERTIES | 8 | 8 | 8 |
| Description | Amount |
|---|---|
| ADJUSTMENT - BASIS | 343 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MINERAL AD VALOREM TAX | 1,129 | 1,129 | 0 | |
| POWERSHARES DB | 0 | 3,073 | 0 |
| Description | Amount |
|---|---|
| ADJUSTMENT - RETURN OF CAPITAL | 24,156 |
| MUTUAL FUND TIMING DIFFERENCE | 33,955 |
| ADJUSTMENT - MISC | 4 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES WITHHELD | 9,922 | 9,922 | 0 |