| 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 |
|---|---|---|
| ANGEL OAK MULTI-STRATEGY INCOM | 59,458 | 58,834 |
| APEXCM SMALL/MID CAP GROWTH FU | 113,040 | 115,129 |
| AVENUE CREDIT STRATEGIES FUND | 63,447 | 58,634 |
| BLACKROCK GLOBAL LONG SHORT EQ | 42,623 | 43,239 |
| BLACKROCK GLOBAL LONG/SHORT CR | 29,354 | 27,959 |
| BLACKROCK STRAT INC OPP - INS | 73,405 | 72,339 |
| CAMBIAR INTERNATIONAL EQUITY F | 167,192 | 155,501 |
| ISHARES TRUST RUSSELL 1000 GRO | 134,512 | 143,415 |
| ISHARES TRUST RUSSELL 1000 VAL | 108,807 | 114,840 |
| METRO WEST LOW DURATION CL I | 67,255 | 67,100 |
| NEUBERGER BERMAN ABSOLUTE RETU | 43,213 | 41,785 |
| PRINCIPAL SMALL-MIDCAP DIVIDEN | 60,475 | 60,211 |
| PUTNAM DIVERSIFIED INCOME TRUS | 92,429 | 88,397 |
| SALIENT MLP & ENERGY INFRASTRU | 91,404 | 84,948 |
| TEMPLETON GLOBAL BD | 54,700 | 53,059 |
| THORNBURG DEVELOPING WORLD FD | 116,719 | 112,346 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 5,000 | 5,000 | ||
| Bank Charges | 150 | 150 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 11,659 | 11,659 |