| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,800 | 0 | 2,800 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ACTAVIS PLC | 4,032 | 7,207 |
| AON | 0 | 0 |
| ACCENTURE PLC IRELAND SHS CL | 11,786 | 12,503 |
| EATON CORP PLC | 6,123 | 8,155 |
| INGERSOLL-RAND PLC | 5,514 | 9,509 |
| INVESCO LTD | 6,565 | 10,670 |
| AVAGO TECHNOLOGIES LTD | 4,226 | 10,059 |
| AT&T INC | 1,583 | 1,680 |
| ADOBE SYS INC COM | 3,079 | 5,816 |
| ALCATEL SPONSORED ADRS | 0 | 0 |
| ALLERGAN INC COM | 0 | 0 |
| AMAZON COM INC | 5,291 | 8,379 |
| AMGEN INC | 3,038 | 4,142 |
| APPLE COMPUTER INC COM | 11,974 | 23,511 |
| BNY MELLON INTL EQUITY INCOME FUND | 35,000 | 30,924 |
| BEAM INC | 0 | 0 |
| BRISTOL MYERS SQUIBB CO COM | 3,770 | 4,722 |
| CABOT OIL & GAS CORP | 0 | 0 |
| CAPITAL ONE FINL CORP COM | 6,485 | 9,081 |
| CATERPILLAR FINANCIAL 2.75% 6/24/15 | 77,486 | 75,860 |
| CATERPILLAR INC | 13,392 | 11,533 |
| CELANESE CORP DEL | 3,748 | 6,596 |
| CENTERPOINT ENERGY INC | 5,382 | 6,326 |
| CHEVRON TEXACO CORP | 6,131 | 6,619 |
| COCA-COLA CO USD | 0 | 0 |
| COMCAST CORP NEW CL A | 5,499 | 9,282 |
| COSTCO WHSL CORP NEW | 4,267 | 7,371 |
| DISNEY (WALT) COMPANY HOLDING CO. | 2,102 | 4,710 |
| DOVER CORPORATION | 5,443 | 7,172 |
| DREYFUS PREM LT TRM HI YLD-R | 124,388 | 125,379 |
| EXPRESS SCRIPTS HLDG CO | 0 | 0 |
| EXXON MOBIL CORP | 5,957 | 7,581 |
| FACEBOOK INC | 5,662 | 8,582 |
| FAMILY DLR STORES INC | 0 | 0 |
| FIDELITY NATL TITLE GROUP INC CL A | 0 | 0 |
| FREEPORT-MCMORAN COPPER & GOLD | 0 | 0 |
| GENERAL ELECTRIC CO 5.25% 12/06/17 | 74,098 | 83,198 |
| GENERAL ELECTRIC CO | 5,257 | 6,570 |
| GILEAD SCIENCES INC | 1,424 | 6,598 |
| GOLDMAN SACHS GROUP INC | 74,999 | 78,264 |
| GOOGLE INC | 7,742 | 9,526 |
| HSBC FIN CORP | 52,034 | 51,009 |
| HALLIBURTON COMPANY COM | 4,790 | 4,720 |
| HARLEY DAVIDSON INC | 10,276 | 10,665 |
| HOME DEPOT INC USD 0.05 | 2,566 | 8,398 |
| JPMORGAN CHASE & CO 1.875% 3/20/15 | 50,587 | 50,149 |
| JP MORGAN CHASE & CO | 10,003 | 15,645 |
| JOHNSON CONTROLS INC | 5,531 | 6,768 |
| KLA TENOR CORP | 0 | 0 |
| LAS VEGAS SANDS CORP | 3,901 | 5,234 |
| MARATHON OIL CORP | 9,247 | 7,922 |
| METLIFE INCE | 0 | 0 |
| MICROSOFT CORP 2.95% 6/01/14 | 0 | 0 |
| MONDELEZ INTERNATIONAL INC | 0 | 0 |
| NATIONAL-OILWELL INC | 0 | 0 |
| NUCOR CORP | 4,793 | 5,396 |
| OCWEN FINL CORP | 0 | 0 |
| PNC FINANCIAL SERVICES GROUP INC | 4,597 | 7,298 |
| PNC FDG CORP | 51,242 | 51,820 |
| PVH CORP | 5,809 | 6,152 |
| PEPSICO INC | 4,022 | 10,402 |
| PFIZER INC CO | 5,136 | 6,230 |
| PHILIP MORRIS INTERNATIONAL | 4,866 | 5,702 |
| PROCTER & GAMBLE CO COM | 1,187 | 4,555 |
| SALESFORCE COM INC | 5,096 | 8,185 |
| SCHLUMBERGER LIMITED COM | 4,398 | 6,833 |
| SEMPRA ENERGY | 2,157 | 4,343 |
| SERVICEKNOW INC | 6,600 | 9,499 |
| SHIRE PHARMACEUTICALS GROUP | 0 | 0 |
| SOUTHWESTERN ENERGY CO | 6,322 | 5,185 |
| STATE ST CORP COM | 6,239 | 11,775 |
| TCW EMERGING MARKETS INCOME FUN | 0 | 0 |
| TAIWAN SEMICONDUCTOR ADR | 0 | 0 |
| TEVA PHARMACEUTICAL INDS ADR | 0 | 0 |
| THERMO ELECTRON CORP | 0 | 0 |
| TOTAL CAPITAL SA 4.25% 12/15/21 | 55,893 | 54,603 |
| UNION PACIFIC CORP | 1,275 | 6,671 |
| UNITED TECHNOLOGIES CORP | 7,205 | 9,200 |
| VALERO ENERGY CORP NEW | 8,047 | 10,395 |
| VERIZON COMMUNICATIONS INC | 1,305 | 2,573 |
| VMWARE INC | 0 | 0 |
| WELLS FARGO & CO NEW | 5,491 | 10,142 |
| YAHOO INC | 0 | 0 |
| YUM BRANDS INC | 6,126 | 7,285 |
| EATON CORP PLC | 5,103 | 6,796 |
| SEAGATE TECHNOLOGY | 4,439 | 7,315 |
| AVAGO TECHNOLOGIES LTD | 0 | 0 |
| AT&T INC | 0 | 0 |
| ABBOTT LABRATORIES | 4,165 | 4,952 |
| AIR PRODUCTS AND CHEMICALS INC | 0 | 0 |
| APPLE COMPUTER INC COM | 0 | 0 |
| ARES CAP CORP | 6,980 | 6,086 |
| BRISTOL MYERS SQUIBB CO COM | 6,233 | 7,674 |
| CATERPILLAR INC | 0 | 0 |
| CENTERPOINT ENERGY INC | 4,944 | 6,092 |
| CHEVRON TEXACO CORP | 5,139 | 5,497 |
| COMCAST CORP NEW CL A | 3,367 | 4,641 |
| CONOCOPHILLIPS | 0 | 0 |
| DARDEN RESTAURANTS INC COM | 0 | 0 |
| DOMINION RES INC VA PFD | 5,714 | 6,613 |
| DOW CHEMICAL COMPANY COMMON | 4,441 | 4,105 |
| E I DU PONT DE NEMOURS & CO COMM | 4,290 | 5,915 |
| HONEYWELL INTL INC | 6,161 | 9,992 |
| INTERCONTINENTAL EXCHANGE GRO | 6,982 | 11,184 |
| DUKE ENERGY CORP NEW COM | 2,435 | 3,592 |
| GALLAGHER ARTHUR J & CO | 5,812 | 7,062 |
| GENERAL ELECTRIC CO | 0 | 0 |
| INVESCO MORTGAGE CAPITAL INC | 0 | 0 |
| KLA TENCOR CORP | 0 | 0 |
| KIMBERLY-CLARK CORP COM | 5,209 | 7,857 |
| KINDER MORGAN HOLDCO LLC | 3,439 | 5,077 |
| LAS VEGAS SANDS CORP | 0 | 0 |
| LOCKHEED MARTIN CORP | 4,816 | 11,554 |
| LORILLARD INC | 3,775 | 6,483 |
| LOWES COMPANIES INC COM | 2,994 | 6,880 |
| MATTEL INC | 0 | 0 |
| MONDELEZ INTERNATIONAL INC | 0 | 0 |
| NATIONAL GRID PLC | 4,525 | 6,359 |
| NEW RESIDENTAL INVESTMENT | 5,968 | 5,747 |
| NEXTERA ENERGY INC CONV PFD | 5,025 | 6,694 |
| NORDSTROM INC | 0 | 0 |
| NUCOR CORP | 4,207 | 4,415 |
| OCCIDENTAL PETROLEUM CORPORATION | 0 | 0 |
| ONEOK INC NEW | 0 | 0 |
| PNC FINANCIAL SERVICES GROUP INC | 0 | 0 |
| P P L CORPORATION CONV PFD | 4,109 | 4,505 |
| PEPSIO | 5,404 | 7,565 |
| PFIZER INC CO | 4,349 | 4,361 |
| PHILIP MORRIS INTERNATIONAL | 8,374 | 8,960 |
| PHILLIPS 66 | 7,021 | 6,453 |
| PLAINS GP HOLDINGS LP-CL A | 3,391 | 3,595 |
| PROCTER & GAMBLE CO COM | 5,968 | 8,198 |
| STARWOOD PROPERTY TRUST INC | 6,701 | 7,204 |
| TAIWAN SEMICONDUCTOR ADR | 0 | 0 |
| TEVA PHARMACEUTICAL INDS ADR | 0 | 0 |
| UNITED PARCEL SVC INC CL B | 5,244 | 7,782 |
| UNITED TECHNOLOGIES CORP | 6,403 | 7,360 |
| VERIZON COMMUNICATIONS INC | 1,067 | 1,403 |
| WILLIAMS CO INC | 2,800 | 3,595 |
| MALLINCKRODT PLC | 2,463 | 2,971 |
| T E CONNECTIVITY LIMITED | 7,174 | 7,590 |
| AFLAC INC. | 6,911 | 6,720 |
| ABBVIE INC. | 11,462 | 13,742 |
| ALEXION PHARMACEUTICALS | 2,666 | 3,146 |
| BIOGEN IDEC, INC. | 4,306 | 4,752 |
| CARDINAL HEALTH INC. | 4,254 | 4,844 |
| CELGENE CORP | 5,347 | 5,817 |
| CENTURYTEL INC. | 7,145 | 7,520 |
| THE CHEESECAKE FACTORY | 5,674 | 6,037 |
| ELECTRONIC ARTS INC. | 5,648 | 7,052 |
| FNFV GROUP | 4,251 | 5,857 |
| H C A HOLDINGS, INC. | 4,316 | 5,871 |
| HARTFORD FINL SVCS GROUP, INC. | 6,202 | 7,087 |
| HERSHEY, CO. | 9,501 | 9,458 |
| ILLNOIS TOOL WKS INC. | 6,943 | 7,576 |
| INTEL CORP | 9,368 | 9,798 |
| LAM RESH CORP | 6,611 | 7,141 |
| MEAD JOHNSON NUTRITION COMPANY | 5,523 | 6,032 |
| MEREK & CO., INC. | 14,777 | 15,902 |
| MONSTER BEVERAGE | 5,243 | 8,235 |
| TEXAS INSTRUMENT INC. | 3,836 | 4,277 |
| THERMO FISHER SCIENTIFIC INC. | 4,659 | 5,513 |
| TIME WARNER INC. | 7,570 | 8,542 |
| TWITTER INC. | 13,380 | 12,983 |
| ANHEUSER BUSCH INBEV SPN | 5,726 | 5,953 |
| OUTFRONT MEDIA INC. | 11,767 | 9,754 |
| AMERICAN TOWER CORP. PREFERRED CONVERTIBLE | 3,992 | 4,254 |
| DYNERGY, INC. | 4,328 | 4,041 |
| EXELON CORPPREFERRED | 3,666 | 3,675 |
| STANLEY BLACK & DECKER | 3,717 | 4,239 |
| CREDIT SUISSE NEW YORK 4.375% | 54,765 | 54,202 |
| NAVIENT CORPORATION | 4,587 | 6,051 |
| 96,487 | 95,585 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 6,675 | 0 | 3,675 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| MUSIC CATALOGUE | 408,809 | 408,809 | 408,809 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE SUPPLIES | 50 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MUSIC ROYALTIES | 49,704 | 49,704 | |
| MISC. REVENUE | 2,081 | 2,081 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 21,278 | 21,278 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 250 | 0 | 0 | |
| FOREIGN WITHHOLDING TAX | 63 | 0 | 0 |