| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,500 | 1,500 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| HEARSST-ARGYLE TELEVISN MW@+15BP NT B/E RATE 07.000% MATURES 01/15/18 | 19,092 | 24,807 |
| BOTTLING GROUP LLC CALL@MW+45BP RATE 05.125% MATURES 01/15/19 | 10,029 | 11,528 |
| LUBRIZOL CORP NEW NTS CALLMW +75BP RATE 08.875% MATURES 02/01/19 | 25,410 | 33,360 |
| WEATHERFORD INTL FOREIGN SECURITY RATE 09.625% MATURES 03/01/19 | 26,835 | 32,924 |
| DELTA AIRLINES INC NTS FACTOR 0.953217737000 RATE 04.950% MATURES 05/23/19 | 11,658 | 12,592 |
| BANK OF AMER CORP NTS 0BP B/E RATE 07.625% MATURES 06/01/19 | 27,186 | 31,184 |
| ANHEUSER BUSCH INBEV 5.375% 011520 DTD101609 CALL @ MW +35BPS | 10,225 | 11,724 |
| COMCAST CORP NEW B/E +25BP RATE 05.150% MATURES 03/01/20 | 10,311 | 11,327 |
| PNC FUNDING CORP NTS B/E RATE 04.375% MATURES 08/11/20 | 10,041 | 10,861 |
| CONTL AIRLINES 2010-A B/E RATE 04.750% MATURES 01/12/21 | 4,360 | 4,850 |
| L-3 COMMS CORP NTS B/E CALL@MW+25BP RATE 04.950% MATURES 02/15/21 | 21,262 | 21,293 |
| MEDTRONIC INC CALL@MW T+15BPS B/E RATE 04.125% MATURES 03/15/21 | 10,290 | 10,577 |
| VERIZON COMMUNICATIONS KE-WHOLE +25BP RATE 04.600% MATURES 04/01/21 | 20,504 | 21,356 |
| J P MORGAN CHASE & CO NTS B/E RATE 04.625% MATURES 05/10/21 | 20,965 | 21,691 |
| AT&T INC B/E 5BP RATE 03.875% MATURES 08/15/21 | 10,140 | 10,277 |
| CITIGROUP INC MED TERM NTS RATE 04.500% MATURES 01/14/22 | 26,042 | 27,015 |
| ANHEUSER-BUSCH INBEV WOR CALL@MW +15BP RATE 02.500% MATURES 07/15/22 | 15,044 | 14,047 |
| EOG RESOURCES INC B/E CALL@MW+20BP RATE 02.625% MATURES 03/15/23 | 19,705 | 18,350 |
| US AIRWAYS 2011 NTS SER A B/E RATE 07.125% MATURES 10/22/23 | 8,342 | 10,037 |
| DOW CHEMICAL CO NTS SER MW B/E RATE 05.700% MATURES 05/15/18 | 17,728 | 23,012 |
| US BANCORP MED TERM NTS B/E RATE 02.950% MATURES 07/15/22 | 9,403 | 9,427 |
| FORD MOTOR CREDIT CO LLC NTS B/E RATE 04.250% MATURES 09/20/22 | 26,138 | 25,413 |
| STANLEY BLACK & DECKER INC B/E RATE 02.900% MATURES 11/01/22 | 15,208 | 14,008 |
| GENERAL ELEC CAP CORP MED TERM NTS RATE 03.100% MATURES 01/09/23 | 19,954 | 19,271 |
| EMERSON ELEC CO CALL@MW+50BP RATE 02.625% MATURES 02/15/23 | 14,935 | 14,159 |
| MORGAN STANLEY CALL@MW+30BP RATE 03.750% MATURES 02/25/23 | 25,975 | 24,655 |
| APPLE INC CALL@MW+15BP NTS B/E RATE 02.400% MATURES 05/03/23 | 22,983 | 22,577 |
| ORACLE CORP NTS B/E CALL@MW+20BP RATE 03.625% MATURES 07/15/23 | 9,893 | 10,086 |
| WELLS FARGO & CO B/E RATE 04.125% MATURES 08/15/23 | 9,966 | 10,014 |
| BRISTOL MYERS SQUIBB CO CALL@MW+15BP RATE 03.250% MATURES 11/01/23 | 9,919 | 9,649 |
| PACIFIC GAS & ELEC CO CALL@MW+20BP RATE 03.850% MATURES 11/15/23 | 9,982 | 9,999 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 50 SHRS AMAZON.COM INC | 3,230 | 19,940 |
| 812 SHRS AT&T INC | 24,992 | 28,550 |
| 280 SHRS CHEVRON CORP | 18,734 | 34,975 |
| 520 SHRS COCA COLA CO COM | 10,126 | 21,481 |
| 700 SHRS DOW CHEMICAL | 9,046 | 31,080 |
| 216 SHRS DUKE ENERGY HOLDING CORP NEW | 10,359 | 14,906 |
| 1,640 SHRS GENL ELECTRIC CO | 29,992 | 45,969 |
| 1408 SHRS INTEL CORP | 30,016 | 36,545 |
| 79 SHRS INTL BUSINESS MAC | 14,980 | 14,818 |
| 350 SHRS JOHNSON & JOHNSON COM | 18,732 | 32,057 |
| 500 SHRS MEDTRONIC INC | 16,223 | 28,695 |
| 466 SHRS METLIFE INC. | 14,990 | 25,127 |
| 700 SHR MICROSOFT CORP | 12,315 | 26,187 |
| 250 SHRS MONSANTO CO NEW | 20,177 | 29,138 |
| 367 SHRS ROYAL DUTCH SHELL PLC CL A SPON ADR | 25,006 | 26,156 |
| 300 SHRS SOUTHERN CO | 10,348 | 12,333 |
| 207 SHRS UNITED PARCEL SERVICE INC CL B | 14,967 | 21,752 |
| 250 SHRS UNTD TECHNOLOGIES CORP | 10,635 | 28,450 |
| 700 SHRS VERIZON COMMUNICATIONS INC | 18,810 | 34,398 |
| 300 SHRS 3M CO | 16,142 | 42,075 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 3,088.738 SHRS AMERICAN FUNDS INTERNATIONAL GROWTH AND INCOME CLASS F-1 | AT COST | 84,943 | 115,598 |
| 8,631.066 BRANDES INSTL INTERNATIONAL EQUITY FUND E | AT COST | 132,615 | 145,433 |
| 1,778.643 SHRS OPPENHEIMER DEVELOPING MARKETS FUND CL A | AT COST | 60,629 | 68,013 |
| 23,081.247 SHRS MAINSTAY FUNDS HIGH YLD CORP BOND A | AT COST | 116,541 | 139,642 |
| 10,129.719 SHRS WELLS FARGO ADVANTAGE ABSOLUTE RETURN FUND CL A | AT COST | 101,970 | 112,845 |
| 501.868 SHRS FT-FRANKLIN BIOTECH DISC A | AT COST | 54,122 | 65,765 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER FEES | 9 | 0 | 0 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENTS | 3,959 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 18,074 | 18,074 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 1,949 | 0 | 0 |