| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 5,547 | 5,547 | 5,547 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN FUND - CAPITAL WLD BOND FD | ||
| AMERICAN FUND - THE BOND FUND OF AM | ||
| AMERICAN FUND - AMER HIGH-INC TRUST | ||
| AMERICAN FUND - INTERMEDIATE BOND FD | ||
| CALOMOS CONV OPP INC | 30,223 | 14,865 |
| F&C CLAYMORE PFD SECURITIES | 25,890 | 20,752 |
| FANNIE MAE | 17,281 | 2,275 |
| FINANCIAL SECURITY ASSURANCE HOLDING | 30,115 | 30,200 |
| ING GROUP NV | 24,832 | 24,643 |
| JOHN HANCOCK HIGH YIELD | 254,758 | 236,226 |
| JOHN HANCOCK GLOBAL INCOME | 253,218 | 243,716 |
| JOHN HANCOCK INVESTMENT GRADE BOND | 251,854 | 247,792 |
| JOHN HANCOCK BOND FUND | 251,773 | 247,155 |
| MERRILL LYNCH PFD CAP TRUST | 50,000 | 50,220 |
| METLIFE INC. PREFERRED | ||
| ROYAL BANK OF SCOTLAND |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN FUND - AMCAP FUND | 358,226 | 343,698 |
| AMERICAN FUND - GROWTH FUND OF AM | 572,346 | 965,487 |
| AMERICAN FUND - INCOME FUND OF AM | 184,664 | 217,952 |
| AMERICAN FUND - INVESTMENT CO. OF AM | 372,606 | 474,326 |
| AMERICAN FUND -FUNDAMENTAL INVESTORS | 250,925 | 373,535 |
| AMERICAN FUND - CAPITAL INCOME BUILD | 113,477 | 118,269 |
| AMERICAN FUND - NEW PERSPECTIVE FUND | 237,014 | 221,455 |
| AMER FUND - CAPITAL WORLD GTH & INC | 212,942 | 207,302 |
| BANK OF AMERICA CORP. | 29,934 | 15,635 |
| BLACKROCK EQUITY A | 193,235 | 218,509 |
| BLACKROCK GLOBAL SMALL CAP A | 228,092 | 207,598 |
| CVS CAREMARK | 17,780 | 48,885 |
| CST BRANDS INC. | ||
| DANAHER CORP | ||
| GENERAL MOTORS CO | ||
| MARKET VECTORS PREFERRED | 306,717 | 287,250 |
| ISHARES US PREFERRED | 196,401 | 194,250 |
| J P MORGAN & CO. | 36,131 | 66,030 |
| JOHNSON & JOHNSON | 32,792 | 65,741 |
| LOWE'S | 20,190 | 76,040 |
| MARATHON OIL | 8,628 | 6,295 |
| MARATHON PETROLEUM CORP | 5,836 | 25,920 |
| MICROSOFT CORP. | 13,765 | 27,740 |
| VALERO | 4,845 | 35,355 |
| VERIZON | 6,640 | 6,378 |
| VODAFONE GRP PLC SPN | 4,064 | 9,226 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT LEGAL FEES | 5,711 | 5,711 | 5,711 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE | 1,399 | 1,399 | 1,399 | |
| INVESTMENT FEE | 195 | 195 | 195 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE EXPENSES | 34,985 | 11,718 | 11,718 | 23,267 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 384 | 384 | 384 | |
| FEDERAL EXCISE | 6,594 | 6,594 | 6,594 |