| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PEDERSEN & HOUPT | 4,895 | 4,895 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES COM STK | 1,397 | 2,300 |
| ABBVIE INC COM STK | 1,515 | 3,169 |
| ALTRIA GROUP INC COM STK | 3,189 | 5,720 |
| ASTRAZENECA PLC SPON ADR | 5,055 | 6,174 |
| AT&T INC COM STK | 6,800 | 7,278 |
| BCE INC COM STK | 3,041 | 6,147 |
| BRISTOL MYERS SQUIBB CO COM STK | 6,698 | 12,650 |
| BROOKFIELD ASSET MANAGEMENT IN CL A | 26,724 | 27,181 |
| CENOVUS ENERGY INC COM STK | 0 | 0 |
| CENTURYLINK INC COM STK | 0 | 0 |
| CONOCOPHILLIPS COM STK | 2,460 | 4,804 |
| CONSOLIDATED EDISON CO COM STK | 2,218 | 2,764 |
| DOMINION RESOURCES INC COM STK | 4,089 | 7,763 |
| DUKE ENERGY HOLDINGS CORP COM STK | 8,491 | 10,559 |
| FRANCO NEV CORP COM STK | 0 | 0 |
| GLAXOSMITHKLINE PLC SPON ADR | 6,411 | 7,795 |
| HEALTH CARE REIT INC COM STK | 0 | 0 |
| HEINZ H J CO COM STK | 0 | 0 |
| IMPERIAL OIL LTD COM STK | 0 | 0 |
| JOHNSON & JOHNSON COM STK | 3,937 | 6,411 |
| KIMBERLY CLARK CORP COM STK | 6,263 | 10,028 |
| LIBERTY MEDIA CAPITAL CORP SER A | 13,056 | 38,914 |
| LILLY ELI & CO COM STK | 4,799 | 7,140 |
| MASTERCARD INC CL A | 10,638 | 41,773 |
| NATIONAL GRID PLC | 4,059 | 5,552 |
| NEW YORK CMNTY BANCORP COM STK | 8,809 | 11,290 |
| NEWMONT MINING CORP COM STK | 13,407 | 6,218 |
| PHILIP MORRIS INTERNATIONAL INC COM STK | 4,239 | 7,493 |
| PHILLIPS 66 | 731 | 2,622 |
| PPL CORP COM STK | 3,658 | 3,972 |
| REYNOLDS AMERICAN INC COM STK | 3,919 | 6,199 |
| ROYAL DUTCH SHELL PLC ADS | 5,162 | 7,286 |
| SCANA CORPORATION COM STK | 1,547 | 1,877 |
| SENIOR HOUSING PROPERTIES TRUST | 0 | 0 |
| SOUTHERN CO COM STK | 5,520 | 6,495 |
| TOTAL SA FRANCE SPON ADR | 3,678 | 4,105 |
| UNILEVER PLC AMER SHS SPON ADR | 2,643 | 4,656 |
| VERIZON COMMUNICATIONS COM STK | 5,725 | 8,354 |
| VODAFONE GROUP PLC SPON ADR | 5,457 | 8,294 |
| VORNADO REALTY TRUST | 3,579 | 6,659 |
| WINDSTREAM CORP COM STK | 1,952 | 1,101 |
| YAMANA GOLD INC CAD | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BARCLAYS DBL SHORT LEV SEC BCAP 30Y TREAS | AT COST | 0 | 0 |
| FEDERATED PRUDENT BEAR FD CL C | AT COST | 160,026 | 76,240 |
| GENWORTH LIFE & ANNUITY RETIREMENT ONE 4YR | AT COST | 75,000 | 89,454 |
| LB ADVISOR SERIES INTL GROWTH EQUITY LTD CL E | AT COST | 0 | 0 |
| BLACKROCK HIGH YIELD BOND A | AT COST | 53,776 | 56,485 |
| DREYFUS PREMIER INTERNATIONAL STOCK FD | AT COST | 14,914 | 17,316 |
| EATON VANCE ATLANTA CAPITAL SMID-CAP | AT COST | 18,875 | 30,656 |
| FEDERATED MUNICIPAL ULTRASHORT FD CL A | AT COST | 0 | 0 |
| FEDERATED ULTRA SHORT BOND FD CL A | AT COST | 54,523 | 54,779 |
| FRANKLIN TEMPLETON GLOBAL BOND FD CL A | AT COST | 21,357 | 20,837 |
| HARTFORD WORLD BOND FUND A | AT COST | 20,631 | 20,380 |
| INVESCO BALANCED RICK ALLOCATION FUND A | AT COST | 0 | 0 |
| INVESCO DIVERSIFIED DIVIDEND FUND CL A | AT COST | 17,523 | 25,047 |
| INVESCO SELECT COMPANIES FUND CL A | AT COST | 14,628 | 18,454 |
| INVESCO TAX FREE INTERMEDIATE FUND | AT COST | 0 | 0 |
| ISHARES BARCLAYS 1-3 YR CD BOND FUND | AT COST | 52,215 | 52,625 |
| ISHARES TRUST RUSSELL 1000 GROWTH INDEX FUND | AT COST | 43,906 | 67,213 |
| ISHARES TRUST RUSSELL 1000 VALUE INDEX FUND | AT COST | 30,342 | 46,237 |
| JANUS FLEXIBLE BOND FUND A | AT COST | 54,979 | 53,849 |
| JOHN HANCOCK DISCIPLINED VALUE MID CAP | AT COST | 14,027 | 19,536 |
| JOHN HANCOCK INCOME FUND CL A | AT COST | 14,414 | 13,911 |
| LOOMIS SAYLES INVESTMENT GRADE BOND FD | AT COST | 11,278 | 10,753 |
| LORD ABBETT SHORT DURATION INCOME FUND | AT COST | 27,488 | 27,608 |
| MAINSTAY MARKETFIELD FUND CL I | AT COST | 37,890 | 43,038 |
| MARKET VECTORS ETF TR GAMING ETF | AT COST | 11,497 | 26,647 |
| NEUBERGER BERMAN ABS RET MULTI-MGR FUND CLAS A | AT COST | 41,778 | 41,970 |
| NEUBERGER BERMAN EQUITY INCOME FD | AT COST | 17,692 | 18,983 |
| NEUBERGER BERMAN LONG SHORT FUND CLASS A | AT COST | 40,456 | 42,476 |
| OPPENHEIMER INTL BOND FUND CL A | AT COST | 0 | 0 |
| OPPENHEIMER INTL DIVERSIFIED FUND A | AT COST | 17,016 | 21,995 |
| OPPENHEIMER SENIOR FLOATING RATE FD | AT COST | 44,559 | 44,920 |
| PIMCO ALL ASSETS ALL AUTH - A | AT COST | 0 | 0 |
| PIONEER DYNAMIC CREDIT FUND CLASS A | AT COST | 27,508 | 27,204 |
| PIONEER MULTI-ASSET ULTRASHORT INCOME | AT COST | 55,015 | 54,960 |
| PROSHARES TR SHORT QQQ | AT COST | 0 | 0 |
| SPDR GOLD TRUST | AT COST | 0 | 0 |
| STARZ SER A | AT COST | 1,346 | 7,778 |
| TOCQUEVILLE GOLD FUND | AT COST | 41,027 | 26,686 |
| TOUCHSTONE ULTRA SHORT DUR FIXED INCOME CL Z | AT COST | 0 | 0 |
| VIRTUS MULTI SECTOR SHORT TERM BOND FD | AT COST | 68,585 | 68,421 |
| WELLS FARGO ADVANTAGE ABSOLUTE RETURN FUND | AT COST | 39,343 | 41,520 |
| WELLS FARGO ADVANTAGE GROWTH FUND CL A | AT COST | 22,312 | 30,933 |
| WELLS FARGO ADVANTAGE SHORT TERM MUNI BD FD | AT COST | 0 | 0 |
| Description | Amount |
|---|---|
| BASIS ADJUSTMENT FOR LB ADVISOR - SOLD IN PRIOR YEAR | 216,424 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| POWERSHARES DB COMMODITY INDEX TRACKING FD PORTFOLIO DEDUCT | 144 | 144 | 0 | |
| OTHER EXPENSES | 125 | 0 | 0 | |
| POWERSHARES DB COMMODITY INDEX TRACKING FD OTHER LOSS | 1,178 | 1,178 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME | 4 | 4 | 4 |
| Description | Amount |
|---|---|
| BASIS ADJUSTMENT FOR STARZ - PURCHASED IN PRIOR YEAR | 1,347 |
| BASIS ADJUSTMENT FOR BROOKFIELD PPTY PARTNERS - SPINOFF | 866 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INVESTMENT FEES | 11,618 | 11,618 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES UBS 03656 | 684 | 684 | 0 | |
| IL FILING FEE | 15 | 15 | 0 |