| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,851 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BCE INC COM NEW | 33,942 | 43,430 |
| BUCKEYE PARTNERS LP | 34,003 | 37,527 |
| VERIZON COMMUNICATIONS | 33,594 | 43,552 |
| INVESCO CONVERTIBLE SECURITIES BOND | 14,573 | 17,059 |
| FEDERATED HIGH INCOME BOND | 19,753 | 19,496 |
| FORWARD INTERNATIONAL | 41,837 | 38,088 |
| FRANKLIN UTILITIES FUND CLASS A | 24,691 | 37,016 |
| HARDING LOEVNER EMERGING MARKETS | 7,594 | 8,972 |
| JP MORGAN HIGH YIELD FUND CLASS A | 30,000 | 27,289 |
| MFS UTILITIES FUND CLASS A | 32,000 | 41,039 |
| PRUDENTIAL HIGH YIELD FUND | 30,000 | 29,731 |
| ROBECO BOSTON PARTNERS | 10,955 | 12,263 |
| TEMPLETON GLOBAL BOND FUND CLASS A | 8,000 | 7,406 |
| VANGUARD INDEX 500 FUND | 72,300 | 88,159 |
| FIRST TR VALUE LINE DIVID INDEX FD SHS | 14,996 | 23,554 |
| ISHARES TR RUSSELL 3000 INDEX FD | 21,889 | 45,859 |
| ENSCO PLC SHS CL A | 0 | 0 |
| AVAGO TECHNOLOGIES | 9,538 | 9,556 |
| AETNA INC NEW | 6,861 | 9,589 |
| AMERISOURCE BERGEN CORP COM | 4,930 | 9,534 |
| APPLE INC | 9,696 | 9,493 |
| BLACKROCK INC COM | 7,867 | 10,436 |
| CVS CAREMARK CORP | 0 | 0 |
| CVS HALTH CORP | 5,615 | 10,468 |
| COCA COLA COMPANY | 8,557 | 9,789 |
| COCA COLA ENTERPRISES | 9,075 | 9,517 |
| CONOCOPHILLIPS COM | 6,976 | 8,269 |
| CORNING INC COM | 7,297 | 9,850 |
| DEERE & CO | 0 | 0 |
| DISNEY WALT CO | 8,457 | 10,549 |
| EQUIFAX INC | 7,181 | 9,932 |
| GAP INC | 8,855 | 10,191 |
| JOHNSON & JOHNSON COM | 7,569 | 10,303 |
| JOHNSON CTLS INC COM | 0 | 0 |
| MANPOWER GROUP COM | 0 | 0 |
| MCKESSON CORP COM | 4,701 | 10,157 |
| MICROSOFT CORP COM | 6,152 | 9,355 |
| MONSANTO CO NEW COM | 7,495 | 9,610 |
| NIKE INC CLASS B | 5,619 | 9,598 |
| PETSMART INC | 7,779 | 11,065 |
| POLARIS INDUSTRIES INC COM | 0 | 0 |
| PRICE T ROWE GROUP INC COM | 7,589 | 9,498 |
| PROCTOR AND GAMBLE CO COM | 8,862 | 10,511 |
| PRUDENTIAL FINL CO COM | 8,240 | 9,378 |
| RYDER SYS INC | 9,051 | 9,977 |
| TJX COMPANIES INC | 0 | 0 |
| UNITED TECHNOLOGIES CORP COM | 6,553 | 8,831 |
| WISCONSIN ENERGY CORP COM | 7,761 | 11,087 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| KBS REIT | AT COST | 44,480 | 20,825 |
| INLAND AMERICAN REIT | AT COST | 43,538 | 30,656 |
| INDUSTRIAL INCOME TRUST | AT COST | 41,942 | 43,746 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUCKEYE PARTNERS LP | 704 | 0 | 0 |
| Description | Amount |
|---|---|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 7,589 | 7,589 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 691 | 691 | 0 | |
| FEDERAL TAXES | 1,063 | 0 | 0 |