| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| LEHMAN BROS HLDG 4.25% ESCROW PENDING | 41,370 | 10,500 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MERRILL LYNCH 6.45% PFD 12/15/86 | 11,775 | 12,353 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AMERICAN CENTURY INFLATION ADJUSTED BOND FUND | AT COST | 72,730 | 71,303 |
| BAIRD CORE PLUS BD INST | AT COST | 72,089 | 69,309 |
| DOUBLELINE TOTAL RETURN BD FD | AT COST | 71,215 | 69,802 |
| FIDELITY STRATEGIC INCOME FUND | AT COST | 85,253 | 81,392 |
| GUGGENHEIM ETF S&P 500 EQUAL WT INDEX FUND | AT COST | 47,251 | 78,232 |
| ISHARES S&P 500 GROWTH INDEX FUND | AT COST | 43,458 | 68,335 |
| ISHARES TR MSCI EAFE ETF | AT COST | 22,047 | 26,033 |
| ISHARES TR MSCI EAFE SMALL-CAP ETF | AT COST | 14,093 | 16,467 |
| JANUS RESEARCH FUND | AT COST | 77,607 | 112,829 |
| METROPOLITAN WEST LOW DURATION BOND | AT COST | 40,158 | 40,204 |
| METROPOLITAN WEST TOTAL RETURN BOND | AT COST | 132,463 | 128,775 |
| OPPENHEIMER DEVELOPING MARKETS FUND | AT COST | 21,690 | 23,529 |
| OPPENHEIMER SENIOR FLOATING RATE | AT COST | 82,443 | 82,843 |
| PIMCO TOTAL RETURN FUND | AT COST | 124,054 | 120,855 |
| POWERSHARES FTSE RAFI US 1500 SMALL-MID PORT | AT COST | 10,413 | 16,907 |
| SCHWAB DIVIDEND EQUITY FUND | AT COST | 85,234 | 116,734 |
| SCOUT INTL FUND | AT COST | 76,249 | 112,293 |
| SCOUT MID CAP FUND | AT COST | 24,024 | 30,420 |
| SECTOR SPDR ENERGY SELECT | AT COST | 15,128 | 17,436 |
| SECTOR SPDR TECH FUND | AT COST | 20,023 | 29,450 |
| SPDR S&P 500 ETF TR | AT COST | 14,738 | 24,010 |
| SPDR S&P 500 REGIONAL BKING | AT COST | 14,997 | 20,508 |
| TIAA CREF HIGH YIELD BOND FUND | AT COST | 25,315 | 25,175 |
| VANGUARD S/T INVESTMENT GRADE FUND | AT COST | 169,788 | 169,437 |
| VANGUARD SHORT TERM BOND INDEX FUND | AT COST | 69,086 | 68,126 |
| VANGUARD SMALL CAP GROWTH | AT COST | 10,587 | 19,568 |
| VANGUARD SMALL CAP VALUE | AT COST | 7,222 | 16,845 |
| WISDOMTREE INTL SMALLCAP DIVIDEND | AT COST | 10,574 | 18,462 |
| WISDOMTREE LARGECAP DIVIDEND | AT COST | 38,675 | 71,065 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INCOME REPORTED ON TAX RETURN NOT YET RECEIVED | 344 | 127 | 127 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE REGISTRATION FEES | 25 | 0 | 25 | |
| POSTAGE AND OFFICE SUPPLIES | 6 | 0 | 6 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES - CHARLES SCHWAB & CO INC | 6,351 | 6,351 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 381 | 381 | 0 | |
| FEDERAL EXCISE TAX - PRIOR TAX YEAR | 1,500 | 0 | 0 |