| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting fees | 3,500 | 700 | 0 | 2,800 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Double Line Total Return | ||
| Pimco Income Fd | 74,182 | 71,885 |
| Rivernorth/Doubleline | ||
| Angel Oak Multi-Strategy | 94,934 | 90,672 |
| Pimco Enhanced Short Mat Active | 154,331 | 153,343 |
| Osterweis Strategic Income | 40,507 | 39,176 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Altria Group Inc | 13,276 | 395,120 |
| American Electric Power | ||
| America Movil S.A.B. | 24,926 | 222,300 |
| AT&T Inc | 64,815 | 236,882 |
| Duke Energy Hldg Corp | ||
| Exxon Mobil Corp | 13,873 | 310,605 |
| Ford Motor Co | 55,920 | 61,200 |
| General Electric Co | 10,251 | 22,710 |
| Inter Parfums Inc | 17,542 | 473,284 |
| Kraft Foods Inc | 4,904 | 108,203 |
| Philip Morris Intl Inc | 33,839 | 200,280 |
| Enbridge Inc | 18,415 | 61,165 |
| Teekay Corp | ||
| Verizon Comm Inc | 1,723 | 28,110 |
| Wal Mart De Mexico | 9,229 | 101,800 |
| Harbor Int'l Fund | ||
| Anadarko Petroleum | 13,046 | 13,152 |
| Frontier Communications | ||
| First Eagle Global | 91,886 | 94,831 |
| Putnam Capital Spectrum | ||
| T Rowe Price Capital Appreciation | 115,804 | 130,521 |
| Bank of America Corp | 16,776 | 49,280 |
| UBS Ag Airbag PS Spy | 25,000 | 63,867 |
| Mondelez Intl Inc | 5,757 | 220,165 |
| Cisco Systems Inc 450 shs | 9,581 | 19,498 |
| Hecla Mining Co 3000 shs | ||
| AMG Yacktman Fund | ||
| Neuberger Berman Long Short Fd | ||
| Wells Fargo Absolute Return Fd | ||
| 361 Global Long Short Equity Fd | 26,789 | 25,487 |
| Goldman Sachs Income Bldr Fd | ||
| Hartford Balanced Income Fd | 92,911 | 92,418 |
| Principal Global Diversified Inc Fd | ||
| General Motors Co | 27,764 | 29,871 |
| Gilead Sciences Inc | ||
| Ivy Science & Technology Fd | ||
| Scharf Investor Fd | 64,403 | 68,276 |
| Guggenheim Directional Alloc Fund | 104,323 | 112,259 |
| Columbia Thermostat Fd | ||
| Intrepid Capital Fund | ||
| Morgan Stanley Instl Balanced Fd | ||
| Twenty-First Century Fox Inc | ||
| Bank of America Corp | 13,310 | 24,640 |
| Artisan Global Value | ||
| Driehaus Emerging Mrkts | ||
| Oakmark Global Select | ||
| Principal Midcap Fd | ||
| AIG Focused Dividend Strategy Fd | ||
| Artisan High Income Fd | ||
| Lord Abbett Floating Rate | ||
| Pacific Funds Floating Rate | ||
| Grant Park Multi Alternative | 21,076 | 21,369 |
| RMB Mendon Financial | 6,772 | 4,779 |
| Janus Balanced Class I | ||
| Pioneer Flexible Opportunities | ||
| Invesco S&P 500 Equal | 19,552 | 20,771 |
| FMI International | 5,080 | 4,242 |
| Fidelity Advisor Biotechnology | 11,041 | 11,868 |
| Doubleline Shiller | ||
| Tortoise MLP & Pipeline | ||
| Alpha Centric Income Opportunities | 112,344 | 115,188 |
| Alibaba Group Hldg Ltd Spon ADR | 14,001 | 13,707 |
| Celgene Corp | 27,116 | 25,636 |
| Pioneer Multi-Asset Ultrashort Income | 200,771 | 199,549 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Jackson National Life Insurance Co | AT COST | 280,998 | 309,553 |
| Energy Transfer Partners LP MLP | AT COST | 85,838 | 83,910 |
| Enterprise Products Partner LP MLP | AT COST | 68,498 | 68,852 |
| Tallgrass Energy Partners LP MLP | AT COST | ||
| Emerging Markets Internet & EC ETF | AT COST | 29,531 | 28,072 |
| Ishares MSCI EAFE ETF | AT COST | 73,438 | 74,651 |
| Ishares MSCI ACWI ETF | AT COST | 119,254 | 117,284 |
| OSI ETF TR Oshares FTSE US | AT COST | 61,765 | 59,440 |
| SPDR S&P Regl Banking ETF | AT COST | 94,821 | 97,323 |
| SPDR S&P Midcap 400 ETF | AT COST | 181,966 | 175,246 |
| AQR US Defensive Equity Fd | AT COST | 183,328 | 182,239 |
| Davis International Fd | AT COST | 70,000 | 72,212 |
| Delaware Value Fund Inst | AT COST | 59,119 | 60,956 |
| Goldman Sachs GQG Ptrs | AT COST | 74,562 | 72,941 |
| Legg Mason Western Asset Macro | AT COST | 41,011 | 38,354 |
| Call Cisco Systems Inc | AT COST | 474 | 12 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Office expense & postage | 627 | 125 | 502 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Energy Transfer LP | -3,775 | -3,775 | -3,775 |
| Energy Transfer Ops LP | -3,633 | -3,633 | -3,633 |
| Enterprise Products LP | -2,411 | -2,411 | -2,411 |
| Jackson National Life Ins | 6,070 | 6,070 | 6,070 |
| Tallgrass LP | -318 | -318 | -318 |
| Description | Amount |
|---|---|
| UBS investment adjustments | 17,665 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Mgmt & Depository fees | 19,701 | 3,940 | 0 | 15,761 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Foreign taxes | 1,722 | 344 | 1,378 |