| 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 |
|---|---|---|
| ABBOTT LABS | 13,185 | 16,432 |
| ACCENTURE PLC | 11,157 | 12,503 |
| ALERIAN MLP ETF | 54,167 | 50,808 |
| ALLERGAN INC. | 6,020 | 12,330 |
| ALLSTATE CORP | 5,379 | 7,728 |
| ALTRIA GROUP INC | 9,613 | 12,810 |
| AMERICAN ELECTRIC POWER INC. | 7,696 | 9,715 |
| AMERIPRISE FINANCIAL INC | 5,064 | 8,596 |
| ANTHEM INC | 5,548 | 7,289 |
| APPLE INC. | 9,175 | 15,453 |
| ARRIS GROUP INC | 3,527 | 3,562 |
| ASHLAND INC. | 3,006 | 4,072 |
| ASSURED GUARANTY LTD | 4,633 | 5,146 |
| AT&T, INC | 23,695 | 22,337 |
| AUTOMATIC DATA PROCESSING INC. | 7,417 | 9,671 |
| BANKUNITED, INC. | 4,615 | 4,346 |
| BARON REAL ESTATE FD INSTI SHS | 95,589 | 116,789 |
| BARRICK GOLD CORP COM | 5,521 | 2,903 |
| BAXTER INTERNATIONAL INC. | 12,704 | 13,339 |
| BCE INC | 5,818 | 5,778 |
| BLACKROCK GLOBAL LONG/SHORT CR | 236,742 | 228,867 |
| BP PLC SPONSORED ADR | 8,155 | 7,243 |
| BROOKDALE SENIOR LVG | 5,766 | 7,334 |
| CA INC. | 5,291 | 6,090 |
| CALIFORNIA RESOURCES CORPORATI | 209 | 132 |
| CASEY'S GENERAL STORES, INC. | 4,248 | 6,051 |
| CELGENE CORP | 9,349 | 9,173 |
| CHEVRON CORP | 12,583 | 11,891 |
| CISCO SYSTEMS INC | 5,319 | 6,955 |
| CITIGROUP INC | 5,558 | 5,952 |
| CLEARBRIDGE AGGRESSIVE GROWTH | 123,247 | 140,022 |
| CNO FINANCIAL GROUP INC. | 2,452 | 3,478 |
| COCA-COLA CO | 4,344 | 4,391 |
| CONOCOPHILLIPS | 16,326 | 17,956 |
| CROWN HOLDINGS INC | 5,089 | 6,108 |
| DARLING INTERNATIONAL INC | 4,998 | 4,903 |
| DOMINION RESOURCES INC | 4,766 | 6,152 |
| DOMTAR LTD | 5,157 | 4,746 |
| DU PONT DE NEMOURS | 5,105 | 7,024 |
| DUKE ENERGY CO | 4,979 | 10,025 |
| FACTSET RESH SYST INC. | 6,287 | 9,149 |
| FASTENAL COMPANY | 7,120 | 6,849 |
| FEDERATED INTERNATIONAL STRATE | 170,226 | 158,801 |
| FIFTH THIRD BANCORP | 5,104 | 5,910 |
| FLUOR CORP | 3,081 | 3,032 |
| FORD MOTOR COMPANY | 9,244 | 9,533 |
| FREEPORT-MCMORAN COPPER & GOLD | 3,158 | 3,154 |
| GARTNER INC | 6,797 | 9,263 |
| GENERAC HOLDING INC | 3,294 | 3,273 |
| GENERAL ELECTRIC CO | 5,248 | 5,812 |
| GENERAL MILLS INC | 4,411 | 4,480 |
| GENWORTH FINANCIAL INC CL A | 4,328 | 3,358 |
| GLAXOSMITHKLINE PLC | 19,579 | 16,028 |
| GOOGLE INC CL A | 6,661 | 7,960 |
| GOOGLE INC CL C | 11,498 | 12,634 |
| GRAINGER W W INC. | 9,152 | 8,921 |
| HARRIS CORP DEL | 5,445 | 7,900 |
| HEALTH CARE PPTY INVS INC | 5,929 | 5,900 |
| HEALTH CARE REIT INC. | 5,603 | 5,675 |
| HEALTHSOUTH CP | 4,343 | 4,423 |
| HERTZ GLOBAL HOLDINGS INC | 4,705 | 4,739 |
| INTEL CORP | 4,335 | 6,605 |
| INTERNATIONAL PAPER CO. | 5,156 | 5,894 |
| IRON MOUNTAIN | 3,921 | 4,639 |
| JOHNSON & JOHNSON | 10,246 | 12,339 |
| JP MORGAN CHASE & CO | 10,476 | 13,142 |
| JP MORGAN STRATEGIC INCOME OPP | 431,591 | 423,320 |
| KEYCORP | 3,574 | 4,726 |
| KIMBERLY CLARK CORP | 5,691 | 6,470 |
| KINDER MORGAN INC | 2,673 | 2,750 |
| KRAFT FOODS GROUP, INC. | 9,834 | 11,279 |
| LITTELFUSE, INC. | 3,260 | 3,577 |
| LIVE NATION INC COM | 1,967 | 3,655 |
| MACY'S INC | 6,348 | 6,707 |
| MANPOWER GROUP INC. | 2,224 | 2,727 |
| MASTERCARD INC | 3,733 | 5,170 |
| MATTELL INC. | 6,531 | 6,592 |
| MBIA INC. | 5,419 | 3,816 |
| MCDONALD'S CORP | 10,228 | 9,557 |
| MEADWESTVACO CORP | 4,266 | 5,327 |
| MERCK & CO INC. | 13,724 | 16,753 |
| METLIFE INC. | 9,907 | 11,683 |
| NATIONAL GRID TRANSCO PLC | 9,144 | 10,104 |
| NAVIENT CORPORATION | 5,546 | 7,672 |
| NESTLE S.A. | 10,497 | 9,775 |
| NIKE INC-CL B | 11,691 | 17,115 |
| NORFOLK SOUTHERN CORP | 5,249 | 7,015 |
| NORTHROP GRUMMAN CORP | 5,370 | 10,317 |
| NORTHWESTERN CORP | 3,514 | 3,791 |
| O'REILLY AUTOMOTIVE INC. | 7,182 | 9,053 |
| OAKMARK INTERNATIONAL FUND CL | 54,809 | 52,474 |
| OCCIDENTAL PETROLEUM CORP | 3,770 | 3,144 |
| OMEGA HEALTHCARE INV | 3,506 | 3,907 |
| ONEOK INC | 2,410 | 2,838 |
| ORACLE CORP | 12,478 | 16,639 |
| OWENS ILLINOIS | 5,792 | 5,668 |
| PEPSICO INC | 2,452 | 2,837 |
| PFIZER INC. | 5,243 | 5,607 |
| PHILIP MORRIS INTL | 11,196 | 10,589 |
| PLANTRONICS INC. | 2,599 | 2,916 |
| PNC FINANCIAL GROUP INC. | 5,160 | 6,842 |
| POWERSHARES EXCHANGED-TRADED F | 45,199 | 43,022 |
| PPL CORPORATION | 5,705 | 6,539 |
| PRICELINE.COM INCORPORATED | 13,363 | 12,542 |
| PRINCIPAL FDS, INC. GLOBAL DIV | 131,880 | 125,048 |
| PRINCIPAL MID CAP CL P | 151,778 | 171,823 |
| PROCTER GAMBLE CO | 7,627 | 8,654 |
| PUBLIC SVC ENTERPRISE GROUP IN | 6,259 | 7,040 |
| QUESTAR CP | 4,815 | 5,359 |
| REALTY INCOME CORP | 2,782 | 3,101 |
| REDWOOD TR INC. | 5,621 | 5,851 |
| REGENERON PHARMACEUTICALS, INC | 9,431 | 11,897 |
| REYNOLDS AMERICAN INC | 8,828 | 11,697 |
| ROYAL DUTCH SHEL PLC SPONS | 9,334 | 9,043 |
| ROYAL DUTCH SHELL PLC | 5,546 | 5,356 |
| SASOL LTD | 3,161 | 3,114 |
| SBA COMMUNICATIONS | 3,387 | 4,652 |
| SENIOR HOUSING PPTYS TR REIT | 3,792 | 3,029 |
| SOUTHERN CO | 8,238 | 8,840 |
| STARBUCKS CORP COM | 10,639 | 13,784 |
| SYMANTEC CORP | 6,132 | 6,415 |
| TARO PHARMACEUTICAL INDUSTRIES | 3,462 | 3,557 |
| TEVA PHARMECEUTICAL SP ADR | 5,191 | 7,591 |
| TIDEWATER INC. | 4,736 | 2,884 |
| TJX COMPANIES INC | 12,431 | 13,990 |
| TOTAL FINA ELF S.A. | 18,706 | 18,944 |
| TRAVELERS COMPANIES INC | 5,141 | 6,351 |
| UNIFIRST CP | 3,233 | 4,008 |
| UNILEVER PLC AMER | 6,981 | 6,639 |
| VENTAS INC | 4,957 | 5,808 |
| VERISK ANALYTICS, INC | 5,699 | 6,085 |
| VERIZON COMMUNICATIONS | 17,411 | 16,326 |
| VISA INC | 13,925 | 20,189 |
| VODAFONE GROUP PLC | 8,164 | 5,126 |
| WAL-MART STORES INC. | 5,398 | 6,012 |
| WELLS FARGO & CO. | 10,380 | 14,801 |
| WILLIAMS COS | 5,827 | 7,011 |
| WPX ENERGY INC | 4,273 | 2,791 |
| XEROX CP | 5,075 | 8,177 |
| XYLEM INC | 3,956 | 5,330 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SKYBRIDGE MULTI-ADVISER HEDGE | 234,649 | 247,671 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 16,749 | 16,749 | ||
| Bank Charges | 14 | 14 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 18,863 | 18,863 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2014 | 1,400 | |||
| 990-PF Extension for 2013 | 867 |