| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,100 | 3,100 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| TEGNA INC | 12,068 | 11,970 |
| ICAHN ENTERPRISES L | 10,099 | 9,988 |
| REYNOLDS GROUP I | 11,659 | 11,600 |
| LEVEL 3 FINANCING | 12,039 | 12,000 |
| M/I HOMES, INC. | 9,238 | 8,955 |
| GIBRALTAR INDUSTRIES | 12,098 | 12,015 |
| CREDIT ACCEPTANCE | 9,042 | 9,000 |
| ACADIA HEALTHCARE | 9,068 | 8,955 |
| WHITING PETROLEUM | 10,177 | 9,500 |
| CLEAN HARBORS | 12,068 | 11,910 |
| STEEL DYNAMICS | 12,083 | 12,000 |
| NCR CORP | 9,076 | 8,809 |
| WESCO DISTRIBUT | 12,128 | 11,880 |
| ACTUANT CORP | 10,183 | 9,900 |
| TAILORED BRANDS | 6,181 | 6,000 |
| DAVITA INC | 9,104 | 8,933 |
| CCO HOLDINGS | 9,064 | 8,955 |
| PENSKE AUTOMOTIVE | 9,149 | 8,966 |
| LIN TELEVISION | 12,218 | 11,970 |
| SPECTRUM BRANDS | 12,362 | 12,222 |
| ZAYO GROUP, LLC | 9,159 | 8,528 |
| GULFPORT ENERGY | 9,152 | 8,550 |
| MURPHY OIL USA, INC | 10,296 | 10,096 |
| DANA INC | 9,211 | 8,955 |
| BEACON ROOFING | 11,316 | 10,863 |
| BLUE CUBE SPINCO | 8,858 | 8,780 |
| THE AES CORP | 6,076 | 5,910 |
| T-MOBILE USA | 10,431 | 10,100 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FPA NEW INCOME | 80,595 | 79,600 |
| METROPOLITAN WEST | 60,015 | 58,836 |
| BOSTON PARTNERS LONG SHORT RESEARCH INST | 131,099 | 118,831 |
| CAMBIAR INTL EQTY FD INST | 115,015 | 92,120 |
| DFA TA US CORE EQTY 2 | 120,423 | 131,411 |
| EVERMORE GLOBAL VALUE INST CL | 70,404 | 66,439 |
| FPA CRESCENT FUND INST | 146,026 | 131,946 |
| HARDING LOEVNER INST EMRG MKTS CL I | 105,030 | 85,039 |
| INVESCO EUROPEAN GWTH FD CL Y | 81,579 | 73,697 |
| IVY SCIENCE & TECHNOLOGY FUND CL I | 65,445 | 72,458 |
| MATTHEWS ASIAN GROWTH & INCOME FUND INSTL | 61,503 | 51,477 |
| MATTHEWS PACIFIC TIGER FD INSTL | 31,212 | 33,427 |
| OPPENHEIMER EMRG MKTS INNOVATOR I | 105,030 | 83,308 |
| OPPENHEIMER GLOBAL OPPTY FD CL Y | 88,015 | 61,825 |
| VIRTUS KAR INTL SMALL CAP I | 88,015 | 74,243 |
| WELLS FARGO ABSOLUTE RETURN INSTL | 120,030 | 111,002 |
| WESTWOOD INCOME OPPTY FD | 103,554 | 95,300 |
| APPLE INC | 52,100 | 74,927 |
| DIAGEO PLC | 44,243 | 60,265 |
| INTEL CORP | 25,695 | 35,198 |
| MICROSOFT CORP | 28,450 | 48,246 |
| UNITED TECHNOLOGIES | 41,276 | 42,592 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 4,015 | 3,038 | 977 |
| Description | Amount |
|---|---|
| ADJUSTMENT TO BASIS | 4,027 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 14,401 | 14,401 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER | 24 | 24 | 24 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 1,037 | 1,037 | 0 | |
| TAXES | 1,950 | 0 | 0 |