| 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 |
|---|---|---|
| ARTIO GLOBAL HIGH INCOME FUND | 5,071 | 5,402 |
| ASTON/RIVER ROAD DIVIDEND ALL | 11,587 | 14,848 |
| CHAMPLAIN MID CAP FUND | 6,046 | 7,529 |
| DOUBLELINE TOTAL RETURN BOND | 20,127 | 19,379 |
| HARBOR HIGH YIELD BD FD INSTIT | 5,404 | 5,402 |
| IVA WORLDWIDE FUND CLASS I | 14,608 | 16,304 |
| OAKMARK INTERNATIONAL FUND | 6,278 | 9,177 |
| OSTERWEIS FUND | 9,566 | 13,119 |
| PIMCO FD PAC INV MGMT COMMODIT | 8,655 | 7,205 |
| PIMCO FUNDS TOTAL RETURN FUND | 20,099 | 19,441 |
| T ROWE PRICE CAPITAL APPRECIAT | 20,073 | 24,083 |
| TEMPLETON GLOBAL BD | 12,377 | 12,682 |
| THE ARBITRAGE FUND CLASS I | 16,427 | 16,135 |
| VANGUARD INFLATION-PROTECTED | 5,659 | 5,234 |
| 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 | 3,750 | 3,750 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 2,346 | 2,346 |