| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| JPMORGAN CHASE & CO 4.400%; 07/22/2020 | 27,860 | 27,793 |
| VERIZON COMM INC 5.150%; 9/15/2023 | 27,042 | 26,815 |
| BANK OF AMERICA 4.125%; 01/22/2024 | 26,877 | 26,618 |
| GOLDMAN SACHS GROUP 4.000%; 03/03/2024 | 20,402 | 20,126 |
| BP CAPITAL MARKETS PLC 3.119%; 05/04/2026 | 13,796 | 13,527 |
| SHELL INTL FINANCE BV 2.875%; 05/10/2026 | 20,993 | 20,179 |
| WELLS FARGO & CO 3.584%; 05/22/2028 | 21,436 | 20,416 |
| CITIGROUP INC 3.668%; 07/24/2028 | 21,298 | 20,137 |
| GENERAL ELECTRIC CO 5.875%; 01/14/2038 | 22,113 | 20,316 |
| ENTERPRISE PRODUCTS OPERATING 5.700%; 02/15/2042 | 11,361 | 13,660 |
| MICROSOFT CORP 4.250%; 02/06/2047 | 27,860 | 26,410 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABB LTD | 8,142 | 11,555 |
| ABRAXAS PETRO NEV | 1,207 | 1,109 |
| ADTALEM GLOBAL EDUCATION | 1,404 | 1,880 |
| ALLERGAN PLC | 86,855 | 76,764 |
| ALLIANZ SE | 8,560 | 12,280 |
| ALLSCRIPTS HEALTHCARE SOLU INC | 1,480 | 1,568 |
| AMC NETWORKS | 11,211 | 11,411 |
| AMERICAN AIRLS GROUP | 11,055 | 10,043 |
| AMERIPRISE FINCL INC | 7,492 | 12,403 |
| AMGEN INC | 15,805 | 18,863 |
| ANADARKO PETE | 35,168 | 73,005 |
| ANGIODYNAMICS INC | 1,137 | 1,413 |
| APOGEE ENTERPRISES | 1,407 | 1,322 |
| ASE TECHNOLOGY HLDG CO | 6,764 | 6,318 |
| ASTRAZENECA PLC | 8,209 | 10,842 |
| AT&T INC | 35,581 | 32,405 |
| AUTODESK INC DELAWARE | 10,545 | 32,471 |
| AXT INC | 1,614 | 1,466 |
| BAE SYS PLC SPON ADR | 11,624 | 13,493 |
| BANC OF CALIFORNIA | 1,688 | 1,909 |
| BANNER CORP COM | 1,083 | 1,679 |
| BCE INC | 6,129 | 5,997 |
| BERKSHIRE HILLS BANCORP | 803 | 1,262 |
| BIOGEN INC COM | 59,939 | 83,734 |
| BNP PARIBAS | 6,015 | 7,793 |
| BOC HONG KONG | 5,835 | 6,829 |
| BP PLC | 28,036 | 35,267 |
| BRANDYWINE REALTY TR | 1,978 | 1,902 |
| BRITISH AMER TOB | 12,855 | 11,471 |
| BROADCOM INC | 15,430 | 29,854 |
| CAPITAL ONE FINANCIAL | 22,025 | 28,384 |
| CARPENTER TECHNOLOGY | 854 | 1,945 |
| CATERPILLAR INC | 13,873 | 13,724 |
| CECO ENVIRONMENTAL | 1,079 | 1,127 |
| CHEVRON CORP | 30,210 | 33,505 |
| CHINA PETE & CHEM CP | 11,269 | 14,162 |
| CISCO SYS INC | 20,843 | 30,406 |
| CITIGROUP INC | 35,898 | 46,272 |
| CITIZENS FINANCIAL GROUP | 13,260 | 16,199 |
| CITRIX SYSTEMS INC | 12,830 | 26,678 |
| COLUMBUS MCKINNON CORP | 1,044 | 1,463 |
| COMCAST CORP | 51,273 | 73,936 |
| CONOCOPHILLIPS | 4,478 | 7,585 |
| COWEN INC | 1,748 | 1,891 |
| CREE RESEARCH INC | 9,037 | 13,557 |
| CVS HEALTH CORP | 22,107 | 21,333 |
| DAIMLER AG | 6,960 | 5,589 |
| DEUTSCHE TELEKOM AG | 8,740 | 8,413 |
| DIAGEO PLC | 9,165 | 12,042 |
| DIAMOND ROCK HOSPITALITY CO | 581 | 840 |
| DISCOVERY INC | 13,198 | 16,576 |
| DOLBY CLA | 12,955 | 23,160 |
| EAGLE PHARMACEUTICALS INC | 119 | 139 |
| EATON CORP PLC | 15,140 | 19,688 |
| EL PASO ELECTRIC CO | 1,492 | 1,544 |
| ENCORE WIRE CORP | 2,014 | 2,054 |
| ENGIE SPONS | 5,053 | 4,451 |
| EXELON CORP | 17,117 | 21,000 |
| EXPRESS SCRIPTS | 11,097 | 14,156 |
| FIRST FINCL | 740 | 1,455 |
| FIRST INTERNET BANCORP | 1,619 | 1,553 |
| FLUOR CORP | 31,447 | 40,380 |
| FRANKLIN FINL NETWORK | 2,015 | 2,385 |
| FREEPORT-MCMORAN | 11,223 | 37,932 |
| GCI LIBERTY INC | 1,651 | 2,448 |
| GENERAL MTRS CO | 14,274 | 11,919 |
| GENL DYNAMICS CORP | 4,548 | 6,756 |
| GLAXOSMITHKLINE PLC | 9,530 | 9,681 |
| GOLDMAN SACHS | 19,691 | 27,133 |
| GRANITE CONSTR INC | 1,963 | 2,148 |
| GREENHILL & CO INC | 1,042 | 1,318 |
| HANMI FINANCIAL CORP | 954 | 1,145 |
| HARTFORD FIN SERS GRP INC | 12,122 | 12,390 |
| HAYNES INTL INC | 1,126 | 1,349 |
| HCI GROUP INC | 2,369 | 2,406 |
| HEALTH INS INNOVATIONS INC | 1,027 | 1,850 |
| HERITAGE INS HLDGS INC | 2,201 | 2,001 |
| HOMESTREET INC | 1,276 | 1,696 |
| HONDA MOTOR COMPANY | 11,313 | 12,303 |
| HOPE BANCORP, INC | 1,775 | 1,779 |
| HP INC | 14,807 | 16,415 |
| HSBC HOLDINGS PLC | 10,277 | 13,021 |
| HUNTSMAN CORP | 8,741 | 8,196 |
| ICHOR HOLDINGS | 1,984 | 1,654 |
| II VI INC(IIVI) | 1,156 | 1,561 |
| IMMUNOGEN INC | 10,729 | 13,930 |
| IMPERIAL BRANDS PLC | 14,416 | 11,314 |
| INDEPENDENCE RLTY TR INC | 1,604 | 1,759 |
| ING GROEP | 2,196 | 2,010 |
| IONIS PHARMACEUTICALS | 14,081 | 20,374 |
| JABIL CIRCUIT INC | 7,064 | 9,451 |
| JOHNSON&JOHNSON | 29,432 | 31,779 |
| JOHNSON CTLS INTL | 27,596 | 28,630 |
| JPMORGAN CHASE & CO | 22,075 | 44,797 |
| KELLY SVCS | 2,006 | 1,898 |
| KEYCORP | 6,244 | 11,377 |
| KIMCO REALTY CORP | 10,459 | 8,588 |
| KROGER CO | 9,778 | 9,665 |
| L 3 TECHNOLOGIES INC | 32,724 | 61,660 |
| LAM RESEARCH CORPORATION | 8,600 | 16,687 |
| LEAR CORP | 12,991 | 17,980 |
| LEXINGTON REALTY TRUST | 1,036 | 1,170 |
| LIBERTY BROADBAND CORP S-A | 1,208 | 2,108 |
| LIBERTY BROADBAND CORP S-C | 2,470 | 4,299 |
| LIBERTY MEDIA C SER A SIRIUSXM | 3,195 | 5,082 |
| LIBERTY MEDIA C SER C SIRIUSXM | 6,705 | 10,906 |
| LIBERTY MEDIA CORP SER A | 706 | 1,174 |
| LIBERTY MEDIA CORP SER C | 1,231 | 2,306 |
| LIONS GATE ENTMNT CORP | 3,289 | 2,936 |
| LLOYDS BANKING GROUP PLC | 8,389 | 6,755 |
| LOGMEIN INC | 3,280 | 3,653 |
| LYONDELLBASELL | 18,074 | 20,297 |
| MANULIFE FINANCIAL CORP | 7,555 | 9,941 |
| MARATHON PETROLEUM CORP | 11,990 | 23,511 |
| MATRIX SERVICE CO | 1,021 | 1,578 |
| MEDTRONIC PLC | 12,429 | 16,329 |
| MEREDITH CORPORATION | 2,059 | 1,838 |
| META FNCL GRP INC | 1,870 | 1,818 |
| MICHELIN COMPAGNIE GENERALE | 9,465 | 12,704 |
| MICRON TECH INC | 4,847 | 4,161 |
| MMC NORILSK NICKL PJSC | 6,504 | 6,635 |
| MOTORCAR PARTS OF AMERICA INC | 2,035 | 1,876 |
| MUENCHENER RUECK-UNSPONS | 6,737 | 7,665 |
| NATIONAL OIL WELL VARCO INC | 17,268 | 25,503 |
| NESTLE SPON ADR | 13,481 | 15,891 |
| NEWPARK RES | 1,208 | 1,273 |
| NIPPON TELEGRAPH & TELEPHONE | 11,482 | 11,982 |
| NN GROUP NV ADR | 8,271 | 9,792 |
| NOVARTIS AG ADR | 11,781 | 13,958 |
| NOW INC | 7,471 | 9,152 |
| NUANCE COMMUNICATIONS INC | 15,418 | 16,922 |
| NUCOR CORPORATION | 28,467 | 44,225 |
| OCEAN FIRST FINANCIAL CORP | 1,968 | 1,987 |
| OCEANEERING INTL INC | 1,357 | 1,463 |
| OLD NATL BANCORP | 1,327 | 2,220 |
| ORKLA ADR | 1,789 | 1,828 |
| PATTERSON COMPANIES INC | 1,588 | 1,760 |
| PENTAIR | 9,534 | 12,311 |
| PFIZER INC | 22,644 | 27,764 |
| PHILIP MORRIS INTL INC | 11,261 | 11,171 |
| PHOTRONICS INC | 1,545 | 1,448 |
| PORTLAND GENERAL ELEC | 1,912 | 1,824 |
| PPL CORPORATION | 19,756 | 18,346 |
| PROLOGIS INC | 8,700 | 9,084 |
| PROSIEBENSAT 1 MEDIA AG | 8,512 | 5,298 |
| PRUDENTIAL FINANCIAL INC | 18,910 | 22,797 |
| PUBLIC SERVICE ENTERPRISE GP | 7,010 | 8,341 |
| QURATE RETAIL INC | 21,519 | 20,367 |
| ROCHE HOLDINGS | 15,119 | 14,175 |
| ROYAL DUTCH SHELL PLC | 24,906 | 29,010 |
| SANOFI ADR | 7,969 | 8,845 |
| SEAGATE TECHNOLOGY PLC | 38,590 | 59,188 |
| SIEMENS AKTIENGESELLSCHAFT | 8,322 | 11,686 |
| SINGAPORE TELECOM LTD | 3,620 | 3,323 |
| SMITHS GROUP PLC | 5,336 | 7,976 |
| SMURFIT KAPPA GROUP | 8,933 | 12,032 |
| SONIC HEALTHCARE LTD | 7,374 | 10,641 |
| SOUTHWESTERN ENERGY COMPANY | 1,208 | 1,421 |
| SPOK HLDGS INC | 1,346 | 1,232 |
| SSE PLC SPON ADR | 7,014 | 5,328 |
| STATE STREET CORP | 9,867 | 10,556 |
| SUPER MICROCOMPUTER INC | 2,212 | 1,876 |
| TARGETCORPORATION | 12,949 | 20,818 |
| TE CONNECTIVITY LTD | 33,602 | 52,846 |
| TOTAL S A SPON ADR | 8,264 | 12,427 |
| TOWER SEMICONDUCTOR LTD | 2,001 | 1,982 |
| TUTORPERINI CORPCOM(TPC) | 1,610 | 1,485 |
| TWITTER INC | 19,028 | 34,693 |
| TYSON FOODS INC | 12,433 | 11,608 |
| U S BANCORP | 9,423 | 8,819 |
| UBS GROUP AG | 12,250 | 11,923 |
| UNILEVER NV NY | 8,379 | 11,054 |
| UNION PACIFIC CORP | 8,563 | 12,864 |
| UNITED TECHNOLOGIES CORP | 7,125 | 10,066 |
| UNITEDHEALTH GP INC | 24,360 | 72,629 |
| UNITIL CORP | 1,907 | 1,985 |
| UNIVERSAL ELECTRONICS INC | 1,190 | 1,535 |
| UNUMPROVIDENT CORP | 11,274 | 15,433 |
| UTD OVERSEAS BK LTD SPON | 7,962 | 12,626 |
| VAREX IMAGING CORP | 2,188 | 1,978 |
| VEREIT, INC. | 10,153 | 8,342 |
| VERIZON COMMUNICATIONS | 39,173 | 41,324 |
| VERMILION ENERGY INC | 9,268 | 8,334 |
| VERTEX PHARMACEUTICALS | 11,650 | 27,755 |
| VODAFONE GROUP PLC | 6,829 | 4,470 |
| WEATHERFORD INTERNATIONAL | 41,878 | 18,753 |
| WELLTOWER INC | 9,532 | 10,613 |
| WESTERN DIGITAL CORPORATION | 35,953 | 37,817 |
| ZURICH INSURANCE GRP LTD ADR | 10,774 | 13,885 |
| TELEFONICA BRASILSA SPON ADR | 10,365 | 7,142 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CALAMOS MARKET NEUTRAL INC | AT COST | 212,270 | 230,936 |
| INVESCO DEVELOPING MARKETS | AT COST | 166,324 | 231,900 |
| OPPENHEIMER INT LGROWTH | AT COST | 251,147 | 310,933 |
| OPPENHEIMER INTL SMLL-MID CO | AT COST | 163,775 | 258,210 |
| VOYA GLOBAL REALE STATE | AT COST | 210,135 | 189,077 |
| WESTERN ASSET SMASH SERIES C | AT COST | 97,925 | 101,436 |
| WESTERN ASSET SMASH SERIES EC | AT COST | 270,057 | 264,569 |
| WESTERN ASSET SMASH SERIES M | AT COST | 291,723 | 287,670 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT/ADVISORY FEES | 43,711 | 43,711 | 0 | |
| INVESTMENT FEES | 485 | 485 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 4,000 | 0 | 0 |