| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION | 870 | 435 | 435 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN CENTURY INFLATIONS ADJUSTED BOND INSTL FD INSTL CL | 25,384 | 24,892 |
| CON EDISON CO OF NY 5.5% 09/15/2016 | 54,625 | 55,816 |
| DIAGEO CAPITAL PLC 7.375% 1/15/14 | 57,900 | 50,122 |
| EATON VANCE FLOATING RATE HI INCOME FD | 121,994 | 122,806 |
| EATON VANCE GLOBAL MACRO ABSOLUTE RETURN ADV FD CL I | 44,059 | 42,959 |
| PIMCO EMERGING MARKETS BOND FD INSTL CL | 25,918 | 24,971 |
| PIMCO FOREIGN BOND FD (UNHEDGED) INSTL CL | 18,327 | 18,084 |
| PIMCO HIGH YIELD FD INSTL CL | 24,629 | 26,684 |
| ROYAL BANK OF SCOTLAND 4.875% 08/25/2014 | 51,250 | 51,255 |
| DRIEHAUS SELECT CREDIT FD | 43,618 | 44,337 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABERDEEN EMERGING MKTS INST FD CL INST | 18,070 | 16,106 |
| AQR DIVIERSIFIED ARBITRAGE FD I | 43,649 | 42,498 |
| AQR SMALL CAP MOMENTURM FD CL L | 13,200 | 19,413 |
| FIDELITY LOW PRICED STOCK FD | 8,084 | 9,661 |
| HARBOR INTL FD INST SHRS | 30,236 | 39,290 |
| ING GLOBAL REAL ESTATE FD CL I | 21,461 | 22,028 |
| ISHARES COHEN AND STEERS REIT ETF | 17,895 | 20,175 |
| ISHARES SILVER TRUST ADR ETF | 9,440 | 6,081 |
| PIMCO ALL ASSET ALL AUTHORITY FUND INSTL SHRS | 64,733 | 59,641 |
| PIMCO COMMODITY REAL RETURN STRATEGY FD CL I | 6,380 | 4,340 |
| SDPR GOLD TRUST | 9,412 | 6,967 |
| TORTOISE ENERGY INFRASTRUCTURE | 24,475 | 27,887 |
| VANGUARD INSTITUTIONAL INDEX FD INST SHRS | 42,017 | 65,824 |
| WHITEBOX TACTICAL OPPORTUNITES FD | 8,670 | 8,773 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| FED HOME LN MTG CORP 5% 01/30/14 | AT COST | 49,976 | 50,189 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 381 | 0 | 0 | |
| FOREIGN TAXES | 92 | 0 | 0 |