| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREP FEES | 1,000 | 1,000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EXXON MOBIL CORP | ||
| SCHLUMBERGER LTD | 5,414 | 5,786 |
| WELLS FARGO & CO | 2,973 | 3,637 |
| APPLE INC | 8,229 | 12,895 |
| AMERICAN TOWER CORP | ||
| JP MORGAN CHASE & CO | 3,384 | 4,934 |
| BEST BUY CO INC | ||
| OCCIDENTAL PETROLEUM CORP | ||
| ANADARKO PETROLEUM CORP | ||
| CITIGROUP INC | ||
| JARDEN CORP | ||
| PFIZER INC | 3,177 | 4,489 |
| UNITED TECHNOLOGIES CORP | ||
| ACE LTD | ||
| NEUBERGER BERMAN GENESIS INSTL | ||
| NUVEEN HIGH INCOME BOND FD | 34,269 | 27,988 |
| T ROWE PRICE MID CAP VALUE FD | 27,635 | 32,385 |
| ALLERGAN INC | ||
| BOEING CO | 2,831 | 2,909 |
| DOW CHEM CO | ||
| FIFTH THIRD BANCORP | ||
| FOOT LOCKER INC | ||
| MACYS INC | 2,605 | 2,110 |
| MASTERCARD INC | ||
| POLARIS INDS INC | ||
| PRUDENTIAL FINANCIAL INC | ||
| SLM CORP | ||
| ABERDEEN FDS EMRGN MKT INSTL | ||
| NUVEEN REAL ESTATE SECURIT | 62,202 | 68,639 |
| OPPENHEIMER DEVELOPING MKTS | ||
| CVS CAREMARK CORP | 3,376 | 3,858 |
| EMERSON ELEC CO | ||
| GILEAD SCIENCES INC | ||
| KRAFT FOODS GROUP INC | ||
| LOWES CO INC | 1,899 | 3,753 |
| GLAXO SMITHKLINE PLC ADR | 5,072 | 4,578 |
| GOLDMAN SACHS COMM STRAT INS | 49,512 | 25,389 |
| LOOMIS SAYLES STRATEGIC ALPHA | ||
| AUTODESK INC | ||
| CA INC | ||
| CHEVRON CORPORATION | 3,185 | 3,105 |
| HARLEY DAVIDSON INC | ||
| HEWLETT PACKARD CO | ||
| ILLINOIS TOOL WORKS INC | ||
| INTERNATIONAL PAPER CO | ||
| MICROSOFT CORP | 3,451 | 4,022 |
| MOHAWK INDS INC | ||
| MONSANTO CO | 2,446 | 2,189 |
| MORGAN STANLEY | ||
| NRG ENERGY INC | ||
| PITNEY BOWES INC | ||
| ROCKWELL AUTOMATION INC | ||
| XEROX CORP | ||
| ZOETIS INC | ||
| ROYAL CARIBBEAN CRUISES LTD | ||
| ISHARES MSCI EMERGING MKTS ETF | 1,015 | 918 |
| ROBECO BOSTON PTNRS LS RSRCH | 45,048 | 47,107 |
| CENTURYLINK INC | ||
| E O G RES INC | ||
| E TRADE FINANCIAL CORP | ||
| ELECTRONIC ARTS | ||
| HALLIBURTON CO | ||
| KROGER CO | ||
| MCKESSON CORPORATION | ||
| MEDTRONIC INC | 4,378 | 4,294 |
| MYLAN INC | ||
| NAVIENT CORP W D | ||
| P P G INDS INC | ||
| SEMPRA ENERGY | ||
| SOUTHWEST AIRLINES CO | ||
| T ROWE PRICE MID CAP VALUE FD | ||
| VERITIV CORP | 34 | 39 |
| VERIZON COMMUNICATIONS | ||
| WESTERN DIGITAL CORP | ||
| XILINX INC | ||
| ASTRAZENECA P L C SPSD A D R | 1,073 | 1,090 |
| AVIANCA HOLDINGS A D R | 3,847 | 1,034 |
| B H P BILLITON LIMITED A D R | 1,306 | 560 |
| BP PLC SPONS A D R | ||
| BRITISH AMERN TOB PLC | 13,684 | 13,542 |
| CANON INC SPONS A D R | 16,301 | 14,747 |
| CHUNGHWA TELECOM CO LTD A D R | 8,441 | 8,330 |
| CITY TELECOM HK LTD A D R | ||
| COMPANHIA PARANAENSE | ||
| DELHAIZE GROUP SPONS A D R | 6,304 | 7,992 |
| FLY LEASING LTD A D R | 6,109 | 5,655 |
| FRESENIUS MED CARE | 3,219 | 3,708 |
| INDUSTRIAS BACHOCO SAB DE CV A | 12,557 | 10,939 |
| INTERCONTINENTAL HOTELS A D R | 1,141 | 1,071 |
| INVESCO LTD | ||
| LG DISPLAY CO LTD A D R | ||
| MIZUHO FNL GRP A D R | 7,476 | 7,395 |
| NATIONAL GRID PLC SP A D R | 14,234 | 13,473 |
| NICE SYS LTD SPONSORED A D R | 5,811 | 7,991 |
| NIPPON TELEGRAPH TELE A D R | 4,177 | 4,696 |
| NOVARTIS AG A D R | 7,178 | 6,904 |
| NTT DOCOMO INC A D R | 11,657 | 12,496 |
| ORIX CORP SPONS A D R | 1,560 | 1,445 |
| PETRO CHINA COMPANY LTD A D R | ||
| REED ELSEVIER | ||
| SIBANYE GOLD SPON A D R | 997 | 548 |
| SIGNET JEWELERS LTD | ||
| SILLCONWARE PRECISION IND CO A | ||
| SMITH & NEPHEW P L C A D R | 1,251 | 1,187 |
| SUMLTOMO MITSUI FINL GROUP A D | 3,032 | 2,762 |
| TEVA PHARMACEUTICAL INDS LTD A | 7,680 | 9,188 |
| TOTAL SA SPOON A D R | ||
| TRINITY BIOTECH PLC SPOON A D | 1,873 | 1,054 |
| WACOAL HOLDINGS CORP A D R | 2,564 | 2,980 |
| WESTPAC BANKING CORP SP A D R | 6,052 | 4,836 |
| WNS HOLDINGS LTD ADR | 2,979 | 4,613 |
| HIGHLAND LONG SHORT EQUITY Z | ||
| FEDERATED INST HI YLD BD FD | 99,298 | 89,414 |
| T ROWE PRICE INTL BOND FUND | ||
| TCW EMERGING MARKETS INCOME FD | 73,978 | 67,168 |
| VOYA INTERNATIONAL REAL ESTATE | 61,750 | 53,336 |
| ABBVIE INC | 4,117 | 3,431 |
| ACCENTURE PLC CL A | 2,908 | 3,109 |
| ACE LTD | 2,687 | 3,560 |
| ALPHABET INC CL A | 2,161 | 3,051 |
| ALPHABET INC CL C | 1,595 | 2,228 |
| AT&T INC | 3,276 | 3,199 |
| BARON EMERGING MARKETS INSTITU | 42,077 | 38,255 |
| BERKSHIRE HATHAWAY INC CL B | 10,517 | 9,520 |
| BLACKROCK INC | 2,108 | 2,182 |
| CALIFORNIA RESOURCES CORP | 56 | 49 |
| CARNIVAL PLC A D R | 942 | 1,148 |
| CAUSEWAY EMERGING MKTS | 70,816 | 61,964 |
| COACH INC | 7,731 | 6,989 |
| COGNIZANT TECH SOLUTIONS CL A | 7,066 | 8,137 |
| COLGATE PALMOLIVE CO | 3,411 | 3,350 |
| CONGRESS MID CAP GROWTH INS | 32,858 | 32,804 |
| CORE LABORATORIES NV | 5,544 | 5,553 |
| CULLEN FROST BANKERS INC | 2,630 | 2,512 |
| CUMMINS INC | 3,489 | 2,409 |
| DISCOVER FINL SVCS | 2,664 | 2,554 |
| DR REDDYS LABORATORIES LTD A D | 2,098 | 1,733 |
| EMC CORPORATION | 7,617 | 6,969 |
| EXPRESS SCRIPTS HLDGS C | 7,713 | 7,864 |
| FIDELITY NATL INFORMATION SVCS | 3,702 | 3,693 |
| GENERAL MOTORS CO | 2,130 | 2,534 |
| GRIFOLS SA A D R | 2,045 | 2,224 |
| HONDA MOTOR CO LTD A D R | 5,304 | 5,229 |
| HONEYWELL INTERNATIONAL INC | 4,109 | 4,054 |
| HONG KONG TELEVISION NE A D R | 1,030 | 549 |
| ITC HOLDINGS CORP | 1,960 | 2,139 |
| KINDER MORGAN INC | 3,139 | 2,074 |
| LKQ CORP | 4,131 | 4,217 |
| M T BANK CORP | 6,831 | 6,893 |
| MARSH MCLENNAN COS INC | 2,801 | 2,654 |
| MCCORMICK CO NON VTG SHRS | 2,402 | 2,578 |
| MEAD JOHNSON NUTRITION CO | 5,385 | 4,352 |
| MELCO CROWN ENTERTAINMENT LMTD | 2,181 | 1,771 |
| MINDRAY MEDICAL INTL A D R | 1,803 | 1,770 |
| MORGAN DEMPSEY SMALL MICRO CAP | 17,183 | 15,999 |
| NATIONAL OILWELL VARCO INC | 7,931 | 5,228 |
| NESTLE SA SPONSORED A D R | 3,949 | 3,845 |
| NETEASE INC A D R | 1,310 | 1,500 |
| NEUBERGER BERMAN LONG SH INS | 25,418 | 24,511 |
| NEXTERA ENERGY INC | 3,470 | 3,395 |
| NIELSEN HOLDINGS PLC | 2,768 | 2,847 |
| NOVO NORDISK AS A D R | 2,947 | 2,803 |
| PACKAGING CORP AMERICA | 2,632 | 2,720 |
| PEARSON P L C A D R | 2,023 | 1,258 |
| PEPSICO INC | 3,491 | 3,606 |
| PERRIGO CO PLC | 2,385 | 2,241 |
| PHILIPS 66 | 3,348 | 3,753 |
| PRAXAIR INC | 2,080 | 2,030 |
| QUALCOMM INC | 12,166 | 8,489 |
| RELX NV SPON A D R | 7,178 | 7,953 |
| SANOFI A D R | 4,210 | 3,847 |
| SOUTH32 LTD A D R | 67 | 34 |
| STERICYCLE INC | 3,803 | 3,501 |
| T ROWE PRICE SC STOCK | 17,258 | 17,046 |
| THE PRICELINE GROUP INC | 4,591 | 4,995 |
| TIME WARNER CABLE INC | 4,331 | 4,250 |
| TOYOTA MTR CORP A D R | 6,306 | 5,972 |
| UNION PACIFIC CORP | 3,456 | 2,938 |
| UNITED HEALTH GROUP INC | 4,699 | 4,396 |
| V F CORP | 3,836 | 3,364 |
| VARIAN MED SYS INC | 2,922 | 2,666 |
| VERISK ANALYTICS INC CL A | 4,011 | 4,797 |
| VISA INC | 4,632 | 5,531 |
| WHIRLPOOL CORP | 2,660 | 2,438 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADR FEES | 97 | 97 | 0 |
| Description | Amount |
|---|---|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAXES - PY LIABILITY | 20,703 | 0 | 0 | |
| FOREIGN TAXES | 623 | 623 | 0 | |
| STATE TAXES | 7,766 | 0 | 0 |