| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ARTIO GLOBAL HIGH INC | AT COST | 1,455 | 1,467 |
| MTB INTERMEDIATE TERM BD FD | |||
| ALPINE GLOBAL PREMIER | AT COST | 2,941 | 2,893 |
| MTB SHORT TERM CORP BOND FD | AT COST | 12,568 | 12,828 |
| CRM MID CAP VALUE FUND | |||
| MORGAN STANLEY FOCUS | AT COST | 5,649 | 5,967 |
| MTB LARGE CAP VALUE INST. I FD | AT COST | 9,300 | 9,721 |
| MTB SMALL CAP INST. I FUND | |||
| T ROWE PRICE INS LG CAP GR FD | AT COST | 4,910 | 6,103 |
| VANGUARD INST INDEX FD | |||
| ALPINE INT R.E. EQUITY FD | |||
| MTB INT EQUITY INST I FD | AT COST | 15,404 | 14,218 |
| HARBOR CAPITAL APP FD | |||
| MTB LARGE CAP GROWTH INST FD | AT COST | 9,975 | 9,807 |
| MTB SMALL CAP GROWTH INST FD | AT COST | 4,801 | 4,231 |
| HARBOR INT FD | AT COST | 4,985 | 8,084 |
| LAZARD EMERGING MKTS PORT INS | AT COST | 3,639 | 4,545 |
| MASTERS SELECT INT FD | AT COST | 3,397 | 4,751 |
| GOLDMAN SACHS HIGH YIELD | |||
| LSV VALUE EQUITY | AT COST | 11,313 | 12,098 |
| RIDGEWORTH SEIX FLOATING RATE | AT COST | 5,889 | 5,913 |
| MTB MID CAP GROWTH | AT COST | 4,852 | 5,765 |
| GUINNESS ATKINSON CHINA HK FD | AT COST | 932 | 1,585 |
| DREYFUS INTL | AT COST | 4,354 | 4,382 |
| MFS EMERGING MARKETS | AT COST | 2,792 | 2,901 |
| MTB INCOME INST | AT COST | 19,697 | 20,736 |
| ING CLARION GLOBAL | AT COST | 1,465 | 1,488 |
| MAINSTAY EPOCH | AT COST | 1,343 | 1,503 |
| RS GLOBAL NAT RES | AT COST | 2,424 | 3,139 |
| SPDR S&P | AT COST | 1,619 | 1,663 |
| Description | Amount |
|---|---|
| ROUNDING | 5 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAXES PRIOR YEAR BALAN | 8 | 0 | 0 | |
| FOREIGN TAXES ON QUALIFIED FOR | 66 | 66 | 0 | |
| FOREIGN TAXES ON NONQUALIFIED | 2 | 2 | 0 |