| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN WATER WORKS COMPANY | 6,211 | 7,607 |
| AT&T CORP | 3,965 | 4,219 |
| BANK OF MONTREAL | 3,888 | 4,266 |
| BAXTER INTERNATIONAL INC. | 3,494 | 4,103 |
| BCE INC | 1,786 | 1,905 |
| BLACKROCK FLOATING RATE INCOME | 6,061 | 6,102 |
| BLACKROCK PFD & EQ | 19,302 | 18,701 |
| CA INC. | 3,240 | 4,341 |
| CISCO SYSTEMS INC | 4,506 | 4,239 |
| CME GROUP, INC | 4,604 | 6,041 |
| DIGITAL RLTY TR INC | 6,159 | 4,519 |
| DOUBLELINE EMERGING MARKETS | 6,189 | 5,870 |
| DOUBLELINE TOTAL RETURN BOND | 24,724 | 23,724 |
| ENSCO PLC | 3,620 | 3,374 |
| KINDER MORGAN MGMT | 150 | |
| GENERAL ELECTRIC CO | 7,639 | 10,427 |
| GLAXOSMITHKLINE PLC | 5,082 | 5,820 |
| GOLAR LNG LTD | 2,025 | 1,851 |
| HEALTH CARE PPTY INVS INC | 3,359 | 2,942 |
| HOSPITALITY PROPERTIES TRUST | 4,445 | 4,352 |
| INTEL CORP | 9,766 | 9,605 |
| INTERNATIONAL PAPER CO. | 3,575 | 5,246 |
| JOHNSON & JOHNSON | 4,499 | 6,320 |
| KINDER MORGAN INC | 10,317 | 10,836 |
| LAUFX | 6,341 | 5,935 |
| LINN CO, LLC | 3,397 | 2,835 |
| LORD ABBETT BOND-DEBENTURE FD | 11,623 | 12,002 |
| MAXIM INTEGRATED PRODS INC. | 3,367 | 3,236 |
| MERCK & CO INC. | 7,623 | 8,859 |
| MICROCHIP TECHNOLOGY INC. | 3,885 | 4,923 |
| MORGAN STANLEY EMERGING MKTS | 13,148 | 11,718 |
| NATIONAL GRID TRANSCO PLC | 1,677 | 2,025 |
| NISOURCE INC. | 5,998 | 7,793 |
| NUVEEN QUALITY PREFERRED INC | 12,844 | 12,209 |
| OMEGA HEALTHCARE INV | 3,486 | 3,934 |
| ONEOK INC | 7,558 | 10,819 |
| PEMBINA PIPELINE CORP CANADA | 2,109 | 2,466 |
| PEOPLE'S UNITED FINANCIAL, INC | 3,023 | 3,266 |
| PFIZER INC. | 3,100 | 4,166 |
| PIMCO ENHANCED SHORT MATURITY | 4,061 | 4,053 |
| POTASH CORPORATION OF SASKATCH | 4,223 | 4,285 |
| SEADRILL LTD | 5,761 | 5,998 |
| SENIOR HOUSING PPTYS TR REIT | 2,047 | 2,045 |
| SPECTRA ENERGY CORP-W/I | 5,229 | 5,913 |
| TEMPLETON GLOBAL BD | 17,956 | 18,162 |
| TOTAL FINA ELF S.A. | 3,231 | 4,473 |
| VENTAS INC | 4,159 | 4,124 |
| VODAFONE GROUP PLC | 6,726 | 9,474 |
| WILLIAMS COS | 7,731 | 8,755 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 3,786 | 3,786 | ||
| STATE OR LOCAL FILING FEES | 25 | 25 | ||
| BANK CHARGES | 32 | 32 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 3,600 | 3,600 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Foreign Tax Paid | 120 | 120 |