| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| C & T CPAS, LLP | 1,700 | 0 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| APOLLO INVESTMENT CORP 6.875% 5,000 SHRS | 125,000 | 125,201 |
| CITI MARKET-LINKED NOTE TO GLOBAL EQUITY BASKET 30,000 SHARES | 30,000 | 39,315 |
| DUKE ENERGY CORP 2,000 SHRS | 50,000 | 49,780 |
| JOHN HANCOCK LIFE 150,000 BOND | 0 | 0 |
| JP MORGAN CHASE 5.15% FIXED | 10,408 | 9,420 |
| KKR FINANCIAL HLDGS 8.375% PFD 4,000 | 100,000 | 111,040 |
| MS 8.0% CONTINGENT COUPON 35,000 | 35,000 | 44,497 |
| MS CONTINGENT 6.5% AUTOCALL | 40,000 | 40,122 |
| MS CONTINGENT 8% WORST OF AUTOCALL | 50,000 | 51,515 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALTRIA GROUP INC 1500 SHS | 14,159 | 73,905 |
| AMC NETWORKS INC 75 SHS | 1,991 | 4,783 |
| AOL INC 45 SHS | 1,000 | 2,078 |
| AT&T CORP NEW 116 SHS | 7,169 | 3,896 |
| BABSON CAPITAL(MASSMUTUAL) MCI 800 SHS | 7,650 | 12,712 |
| BOEING CO 1000 SHS | 55,005 | 129,980 |
| BOEING CO 2440 SHS | 147,957 | 317,151 |
| CABLEVISION SYSTEMS CORP 300 SHS | 7,962 | 6,192 |
| CATERPILLAR INC 350/700 SHS | 16,567 | 64,071 |
| CENTERPOINT ENERGY INC 749 SHS | 12,118 | 17,549 |
| CISCO SYS INC 5172 SHS | 64,771 | 143,859 |
| CITI DUAL DIRECTIONAL TRIGGER PLUS 5,300 | 0 | 0 |
| CITIGROUP BUFFERED PLUS 3,000 | 0 | 0 |
| CITIGROUP LOOKBACK PLUS 4,900 | 0 | 0 |
| COMCAST (NEW) CLASS A 363 SHS | 17,205 | 21,058 |
| COMCAST CL A SPECIAL NEW 450 SHS | 10,881 | 25,904 |
| CONOCOPHILLIPS 934 SHS | 16,270 | 64,502 |
| CONSOLIDATED EDISON 912 SHS | 25,536 | 60,201 |
| DIGITAL REALTY TR PREF 7.00% 4000 SHS | 100,000 | 102,000 |
| DISCOVER FINCL SVCS 1000 SHS | 12,354 | 65,490 |
| GENERAL ELECTRIC CO 2700 SHS | 92,421 | 68,229 |
| GENERAL ELECTRIC CO 6000 SHS | 122,000 | 151,620 |
| IBM CORP 200 SHS | 15,556 | 32,088 |
| INTEL CORP 2920 SHS | 96,474 | 105,967 |
| JOHNSON & JOHNSON 600 SHS | 32,226 | 62,742 |
| JP MORGAN CHASE 500 SHS | 16,525 | 31,290 |
| KRAFT FOODS GROUP INC CL A 346 SHS | 5,099 | 21,680 |
| LEHMAN BROS HOLDING INC DELA 2000 SHS | 72,040 | 0 |
| MANULIFE FINANCIAL CORP 1516 SHS | 9,067 | 28,940 |
| MICROSOFT CORP 4000 SHS | 182,000 | 185,800 |
| MONDELEZ INTL INC COM 1,038 SHRS | 9,432 | 37,705 |
| MORGAN STANLEY 2000 SHS | 62,552 | 77,600 |
| MOTOROLA SOLUTIONS, INC. 782 SHS | 100,199 | 52,457 |
| MS BUFFERED PLUS BASED ON THE VALUE OF THE S&P 15,000 SHRS | 150,000 | 170,475 |
| MS DUAL DIRECTIONAL TRIGGER PLUS 14,500 | 0 | 0 |
| MS TRIGGER JUMP SECURITIES 8000 SHS | 0 | 0 |
| MS TRIGGER PLUS BASED ON WISDOMTREE JAPAN HEDGE 5,000 SHRS | 50,000 | 60,384 |
| MSG INC CLASS A 75 SHS | 2,047 | 5,645 |
| NATIONAL RETAIL PROP 6.625% 2,000 | 50,000 | 50,880 |
| ORACLE CORP 3000 SHS | 50,813 | 134,910 |
| PEPSICO INC INC 1845 SHS | 65,011 | 174,463 |
| PHILIP MORRIS INTL INC 1,500 | 32,263 | 122,175 |
| PHILLIPS 66 COM 467 SHRS | 4,835 | 33,484 |
| PLUM CREEK TIMBER CO INC 1211 SHS | 33,834 | 51,819 |
| PLUM CREEK TIMBER CO INC REI 2055 SHS | 83,453 | 87,933 |
| PROCTER & GAMBLE 1080 SHS | 31,768 | 98,377 |
| SUN LIFE FINL SVCS CDA INC 1000 SHS | 8,500 | 36,060 |
| SUNTRUST BANK 156 SHS | 4,645 | 6,536 |
| TIME WARNER CABLE INC NEW 125 SHS | 9,567 | 19,008 |
| TIME WARNER INC NEW 500 SHS | 37,268 | 42,710 |
| TORTOISE MLP FUND 10,502.83 SHS | 225,992 | 293,344 |
| UNITED PARCEL SERVICE INC CL B 500 SHS | 30,410 | 55,585 |
| VORNADO REALTY TRUST 5.7% 2,000 | 50,000 | 48,120 |
| WALMART STORES INC 2000 SHS | 53,500 | 171,760 |
| WELLS FARGO 265 SHS (WACHOVIA 1335 SHS) | 32,518 | 14,527 |
| WESTERN ASSET HI INC FD II 19,499.9456 SHS | 207,314 | 162,045 |
| ZIMMER HLDGS INC 120 SHS | 809 | 13,610 |
| TIME INC 62 SHRS (STK DIV FROM TIME WARNER CABLE) | 0 | 1,526 |
| JPM PLUS BASED ON THE EURO STOXX 50 10,000 | 100,000 | 96,000 |
| JPM PLUS BASED ON THE S&P 500 8,500 | 85,000 | 86,445 |
| MS BUFFERED PLUS BASED ON THE VALUE OF THE S&P 500 INDEX 8,500 SHRS | 85,000 | 86,743 |
| MS TRIGGER PLUS BASED ON THE S&P 500 INDEX 18,000 | 180,000 | 185,310 |
| WELLS FARGO RL EST IN 6.375 2,000 | 50,000 | 50,700 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ISRAEL BONDS | FMV | 5,000 | 5,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GUNSTER, YOAKLEY & STEWART | 300 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID ON INVESTMENTS (661-112834-418) | 310 | 310 | 0 | |
| FEDERAL INCOME TAX | 1,416 | 0 | 0 |