| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACI | 2,500 | 1,250 | 0 | 1,250 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BANK OF AMERICA CORP 5.45% 5/15/16 | ||
| GENL ELEC CAP CORP 4.1% DUE 10/15/2015 | ||
| ROWAN COMPANIES 5% DUE 9/1/2017 | 99,504 | 100,625 |
| GENERAL ELECTRIC CAP CORP 2.3% 4/27/2017 | 199,738 | 201,378 |
| ALLY FINANCIAL 2.9% DUE 10/15/2016 | 100,000 | 99,965 |
| BANK OF NOVA SCOTIA 1.1% DUE 12/13/2016 | 99,971 | 100,028 |
| TORONTO DOMINION BANK 2.625% DUE 9/10/18 | 101,284 | 102,252 |
| STARBUCKS CORP 2% DUE 12/5/2018 | 49,896 | 50,897 |
| DOW CHEMICAL CO 2.25% DUE 3/15/2019 | 100,000 | 99,280 |
| EBAY INC. 2.2% DUE 8/1/2019 | 49,894 | 50,641 |
| ROYAL BANK OF CANADA 2.150% DUE 3/6/2020 | 99,901 | 101,487 |
| ABBOTT LABORATORIES 2% DUE 3/15/2020 | 49,905 | 50,884 |
| STATE STREET CORP STT | 99,772 | 103,711 |
| PEPSICO 1.5% DUE 2/22/19 | 49,985 | 50,332 |
| SHELL INT'L 1.375% DUE 5/10/19 | 99,778 | 99,724 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BANK OF AMERICA CORP | 142,584 | 70,425 |
| JOHNSON & JOHNSON | 289,688 | 708,780 |
| PFIZER, INC. | 97,340 | 118,545 |
| PG& E CORP. HOLDING CO. | 50,446 | 108,393 |
| CONOCO PHILLIPS | ||
| CITIGROUP | 53,200 | 9,446 |
| PATRIOT COAL CORP | ||
| PROCTOR AND GAMBLE | 66,590 | 89,750 |
| ENERGY TRANSFER EQUITY | 112,737 | 134,320 |
| ENTERPRISE PRODUCTS LP | 109,386 | 110,520 |
| SOUTHERN COMPANY | 34,514 | 43,605 |
| KINDER MORGAN WTS | ||
| KINDER MORGAN INCORP. | 83,991 | 19,360 |
| PHILLIPS 66 | ||
| EXPRESS SCRIPS HLDG | 27,507 | |
| EXXON MOBIL CORP. | 34,067 | 43,640 |
| MAGELLAN MIDSTREAM PARTNERS LP | 36,080 | 35,370 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ISHARES MSCI INDEX FUND | AT COST | 70,948 | 59,130 |
| SPDR TRUST SERIES I | AT COST | 127,767 | 237,930 |
| FINANCIAL SELECT SECTOR SPDR | AT COST | 25,144 | 48,250 |
| JP MORGAN STRATEGIC INCOMEOPPORTUNITIES | AT COST | ||
| FIRST TRUST CONSUMER DISCRETIONARY | AT COST | 124,930 | 198,349 |
| FIRST TRUST HEALTHCARE ALPHA ETF | AT COST | ||
| FIRST TRUST CONSUMER STAPLES ETF | AT COST | ||
| FIRST TRUST DJ INTERNET IDX | AT COST | 76,293 | 101,950 |
| FIRST TRUST AMEX BIOTECH | AT COST | ||
| SELECT SPDR SPDR TD ETF | AT COST | 11,053 | 11,371 |
| FIRST TRUST ENERGY ALPHADEX | AT COST | 24,937 | 25,859 |
| FIRST TRUST UTILITIES ALPHADEX | AT COST | 69,996 | 77,038 |
| ISHARES COHEN & STEERS REIT | AT COST | 152,466 | 157,350 |
| ISHARES RUSSELL 1000 VALUE | AT COST | 24,985 | 24,926 |
| ISHARES RUSSELL MIDCAP | AT COST | 44,909 | 44,987 |
| POWERSHARES S&P 400 LOW VOLATILITY | AT COST | 74,912 | 73,543 |
| POWERSHARES S&P 500 LOW VOLATILITY | AT COST | 49,968 | 48,377 |
| POWERSHARES S&P 600 LOW VOLATILITY | AT COST | 74,957 | 75,446 |
| PS EM LOW VOLATILITIY | AT COST | 49,993 | 48,622 |
| WISDOMTREE TR HIGH DIV | AT COST | 24,972 | 24,265 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEES | 200 | 100 | 100 | |
| INVESTMENT EXPENSES | 8,297 | 4,149 | 4,148 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 4,733 | 4,733 | 2,366 |