| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| LOOMIS SAYLES BD INSTL | 60,551 | 54,905 |
| LOOMIS SAYLES BD GLBL BD | 0 | 0 |
| THE GIRALDA FUND | 541,319 | 630,110 |
| EGA EMERGING GLOBAL SHARES TRUST | 0 | 0 |
| ISHARES INC MSCI EMERGING MKTS | 0 | 0 |
| VANGUARD INDEX FDS VANGUARD REIT ETF | 46,533 | 49,831 |
| SCHOONER FUND CL I | 46,889 | 42,704 |
| STONE RIDGE HIGH YIELD REINSURANCE RISK PREM I | 47,866 | 47,304 |
| STONE RIDGE REINSURANCE RISK PREM I | 47,042 | 46,874 |
| SALIENT MLP & ENERGY INFRASTRUCTURE II | 100,890 | 57,670 |
| ISHARES MSCI ALL CITY WRLD MIN ETF | 78,561 | 78,621 |
| ISHARES IBONDS SEP 2017 | 31,816 | 31,453 |
| ISHARES IBONDS SEP 2016 | 26,038 | 25,721 |
| ISHARES IBONDS SEP 2015 | 0 | 0 |
| ISHARES IBONDS SEP 2018 | 33,322 | 33,304 |
| POWERSHARES EXCHANGE TRADED FDS TST | 88,884 | 84,501 |
| POWERSHARES EXCHANGE TRADED FD TR II | 10,279 | 9,296 |
| INVESCO BALANCED RISK ALLOCATION CL Y | 53,946 | 47,196 |
| TORTOISE MLP & PIPELINE FD INSTL | 101,653 | 64,973 |
| SCOUT UNCONSTRAINED BOND FUND | 0 | 0 |
| CONVERGENCE OPPORTUNITIES INSTL | 87,205 | 88,489 |
| WASATCH INTERNATIONAL GROWTH | 85,284 | 92,374 |
| WASATCH FRONTIER EMERGING SMALL CO'S | 85,510 | 74,808 |
| THIRD AVENUE REAL ESTATE VALUE INSTL | 52,667 | 50,269 |
| LORD ABBETT SHORT TERM DURATION INCOME | 27,443 | 26,572 |
| EGSHARES EM DOMESTIC DEMAND | 48,964 | 39,970 |
| ISHARES TR MSCI ACWI EX US | 38,801 | 35,055 |
| ISHARES TRUST ISHARES 2019 AMT | 32,009 | 32,281 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INCOME IN TRANSIT - NET OF FOREIGN TAX | 624 | 1,288 | 1,288 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEE - ANNUAL REPORT | 25 | 0 | 25 |
| Description | Amount |
|---|---|
| ROUNDING ADJUSTMENT | 1 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| BASIS ADJUSTMENT - YEAR END | 3,099 | 2,132 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 533 | 533 | 0 | |
| 2015 ESTIMATED TAX | 231 | 0 | 0 |