| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,080 | 1,080 | 1,080 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AEGON NV PERF CAP 7.25% | 19,000 | 19,281 |
| AEGON NV PERF CAP 7.25% | 12,489 | 13,573 |
| BLACKROCK PREF & EQUITY ADV TRUST | 0 | 0 |
| CAPITAL ONE 7.5% PREFERRED | 0 | 0 |
| CITIGROUP CAPITAL 6.875% PREFERRED | 0 | 0 |
| CITIGROUP CAPITAL 6.5% PREFERRED | 0 | 0 |
| DWS HIGH INCOME | 0 | 0 |
| FELCOR LODGING TRUST SERIES A | 18,048 | 19,400 |
| FELCOR LODGING TRUST SERIES A | 6,128 | 8,851 |
| FIRST TRUST HIGH INCOME FUND III | 0 | 0 |
| GE CAPITAL CORP 6.0% | 0 | 0 |
| GUGGENHEIM BUILD AMERICA BONDS | 4,823 | 4,757 |
| GUGGENHEIM BUILD AMERICA BONDS | 12,504 | 11,892 |
| HARRIS CORP PRF SERIES A 7 3/8 | 0 | 0 |
| HSBC FINANCE 6.36% | 0 | 0 |
| NUVEEN QUALITY PFD INCOME | 0 | 0 |
| MFS INTERMEDIATE INC | 0 | 0 |
| COMCAST CABLE HOLDINGS 8.375% | 0 | 0 |
| PPLUS TRUST GOLDMAN SACHS | 0 | 0 |
| JPM CHASE CAPITAL XIX 6.625% | 0 | 0 |
| DEUTSCHE BANK CONT CAP TR 7.6% | 0 | 0 |
| DEUTSCHE BANK CONT CAP TR 7.6% | 0 | 0 |
| HARRIS CORP PRF SERIES A 7.375% | 0 | 0 |
| JOHN HANCOCK INCOME FUND | 0 | 0 |
| PACE INTERMEDIATE FIXED CLASS P | 110,808 | 111,443 |
| PACE INTERMEDIATE FIXED CLASS P | 80,914 | 81,524 |
| PACE HIGH YIELD INVEST CLASS P | 81,731 | 84,004 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALTRIA GROUP INC | 0 | 0 |
| AMERICAN INTERNATIONAL GROUP | 0 | 0 |
| AT&T INC | 0 | 0 |
| BANK OF AMERICA | 0 | 0 |
| BLACKROCK ENHANCED DIVIDEND TRUST | 0 | 0 |
| CITI GROUP | 0 | 0 |
| COHEN & STEERS INFRASTRUCTURE | 30,917 | 32,569 |
| DOMINION RESOURCES INC | 0 | 0 |
| EXELON CORP | 0 | 0 |
| EXELON CORP | 0 | 0 |
| EXXON MOBIL | 0 | 0 |
| FIRST TRUST ENHANCED EQUITY INC | 0 | 0 |
| GENERAL ELECTRIC | 4,987 | 3,644 |
| HAWAIIAN ELECTRIC INDUSTRIES | 0 | 0 |
| JOHNSON & JOHNSON | 0 | 0 |
| MERK & CO | 0 | 0 |
| MICROSOFT CORP | 0 | 0 |
| ONEOK PARTNERS | 0 | 0 |
| PFIZER INC | 0 | 0 |
| PROCTOR & GAMBLE | 0 | 0 |
| SOUTHERN COMPANY | 0 | 0 |
| VERIZON COMMUNICATIONS | 0 | 0 |
| WELLS FARGO & CO | 0 | 0 |
| ALPINE TOTAL DYNAMIC DIVIDEND FUND | 0 | 0 |
| GILMER REALTY TRUST | 0 | 0 |
| NEUBERGER BERMAN RE SECURITIES | 0 | 0 |
| RMR REAL ESTATE INCOME FUND | 0 | 0 |
| WTS AMERICAN INT GROUP | 0 | 0 |
| KANYE ANDERSON MLP INVT CO | 25,229 | 33,633 |
| PACE LARGE CO. GROWTH CLASS P | 131,689 | 137,971 |
| PACE LARGE CO. VALUE CLASS P | 195,064 | 213,049 |
| PACE SM/MED CO. INVEST CLASS P | 79,182 | 78,391 |
| PACE SM/MED CO. VALUE CLASS P | 90,416 | 89,944 |
| PACE GLOBAL RE INVEST CLASS P | 71,664 | 73,008 |
| PACE INTERNATIONAL EQUITY CLASS P | 143,292 | 152,140 |
| ENBRIDGE ENERGY MGMT LLC | 385 | 1,004 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AT COST | 0 | 0 | |
| AT COST | 0 | 0 | |
| AGIC GLOBAL EQUITY & CONV INC | AT COST | 0 | 0 |
| NUVEEN DIVERS DIV & INC FUND | AT COST | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FILING FEES | 310 | 310 | 310 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RESTORATION/PRESERVATION FUND | 28,309 | 16,110 | 16,110 |
| CAPITAL CAMPAIGN | 8,486 | 8,590 | 8,590 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MEMBERSHIP DUES | 275 | 0 | 0 | 275 |
| TELEPHONE | 1,812 | 0 | 0 | 1,812 |
| INSURANCE | 12,380 | 0 | 0 | 12,380 |
| HEAT & WATER | 14,764 | 0 | 0 | 14,764 |
| POSTAGE & DELIVERY | 843 | 0 | 0 | 843 |
| SUPPLIES | 2,358 | 0 | 0 | 2,358 |
| REPAIRS & MAINTENANCE | 19,879 | 0 | 0 | 19,879 |
| PRINTING & COPYING | 1,759 | 0 | 0 | 1,759 |
| EVENT EXPENSES | 3,868 | 0 | 0 | 3,868 |
| ELECTRICITY | 6,060 | 0 | 0 | 6,060 |
| BUILDING & GROUNDS MAINTENANCE | 5,543 | 0 | 0 | 5,543 |
| SECURITY | 1,272 | 0 | 0 | 1,272 |
| GIFTS | 450 | 0 | 0 | 450 |
| ADVERTISING | 3,263 | 0 | 0 | 3,263 |
| BANK FEES | 2,888 | 0 | 0 | 2,888 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL INCOME TAXES | 1,412 | 0 | 0 | 1,412 |
| PAYROLL TAXES | 3,745 | 0 | 0 | 3,745 |