| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACI | 2,500 | 1,250 | 0 | 1,250 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALLY FINANCIAL 2.9% DUE 10/15/2016 | 100,000 | 99,650 |
| GENERAL ELECTRIC CAP CORP 2.3% 4/27/2017 | 199,738 | 205,187 |
| FORD MOTOR CREDIT 3.25% DUE 5/20/2014 | 50,000 | 50,188 |
| ROWAN COMPANIES 5% DUE 9/1/2017 | 99,504 | 108,714 |
| GENL ELEC CAP CORP 4.1% DUE 10/15/2015 | 100,000 | 105,116 |
| FPL GROUP 2.55% DUE 11/15/2013 | 99,934 | 100,221 |
| BANK OF AMERICA CORP 5.45% 5/15/16 | 100,000 | 108,653 |
| HSBC FINANCE 5% 7/15/14 | 50,000 | 51,214 |
| SLM CORP 5.05% 11/14/14 | 90,484 | 103,250 |
| NY TEL CO 6.7% DUE 11/1/23 | 100,373 | 100,432 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EXPRESS SCRIPS HLDG | 24,102 | |
| PHILLIPS 66 | 30,761 | 72,275 |
| KINDER MORGAN INCORP. | 83,991 | 29,772 |
| KINDER MORGAN WTS | 10,189 | 6,362 |
| SOUTHERN COMPANY | 34,514 | 35,003 |
| PLAINS ALL AMERICAN PIPELINE | 23,823 | 73,724 |
| ENTERPRISE PRODUCTS LP | 18,801 | 61,040 |
| ENERGY TRANSFER EQUITY | 20,479 | 65,780 |
| PROCTOR AND GAMBLE | 66,590 | 75,590 |
| PATRIOT COAL CORP | 23 | |
| CITIGROUP | 53,200 | 9,702 |
| CONOCO PHILLIPS | 103,508 | 173,775 |
| PG& E CORP. HOLDING CO. | 50,446 | 72,510 |
| PFIZER, INC. | 97,340 | 100,537 |
| JOHNSON & JOHNSON | 366,938 | 658,844 |
| BANK OF AMERICA CORP | 108,425 | 34,500 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| FIRST TRUST AMEX BIOTECH | AT COST | 82,886 | 93,182 |
| FIRST TRUST DJ INTERNET IDX | AT COST | 80,655 | 110,228 |
| FIRST TRUST UK ALPHADEX | AT COST | 18,552 | 21,032 |
| FIRST TRUST SZ ALPHADEX | AT COST | 18,441 | 21,015 |
| FIRST TRUST GM ALPHADEX | AT COST | 8,995 | 9,538 |
| FIRST TRUST CAN ALPHADEX | AT COST | 18,444 | 20,452 |
| INVESCO BALANCED RISK ALLOC A | AT COST | 125,000 | 120,709 |
| PIMCO ALL ASSET ALL AUTHORITY A | AT COST | 127,285 | 114,905 |
| KAYNE ANDERSON MLP INVT CO | AT COST | 106,178 | 103,965 |
| FIRST TRUST CONSUMER STAPLES ETF | AT COST | 79,990 | 100,611 |
| FIRST TRUST HEALTHCARE ALPHA ETF | AT COST | 79,639 | 102,279 |
| FIRST TRUST CONSUMER DISCRETIONARY | AT COST | 78,259 | 102,915 |
| CURRENCYSHARES SWISS FRANC | AT COST | 25,016 | 26,025 |
| CURRENCYSHARES SWEDISH KRONA | AT COST | 49,588 | 49,466 |
| JP MORGAN STRATEGIC INCOMEOPPORTUNITIES | AT COST | 236,795 | 237,156 |
| FINANCIAL SELECT SECTOR SPDR | AT COST | 36,225 | 49,762 |
| SPDR TRUST SERIES I | AT COST | 127,767 | 184,811 |
| ISHARES MSCI INDEX FUND | AT COST | 70,948 | 63,801 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT EXPENSES | 4,242 | 4,242 | ||
| FILING FEES | 125 | 63 | 62 | |
| FEDERAL EXCISE TAX | 165 | 165 |