| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BROOKFIELD FINANCE INC - 4.625 | 1,478 | 1,527 |
| CITIGROUP INC - 4.675% - 12/29 | 3,176 | 3,005 |
| DIAMONDBACK ENERGY INC - 5.375 | 6,218 | 6,245 |
| ELECTRONIC ARTS INC NOTE - 3.7 | 2,085 | 2,005 |
| ELECTRONIC ARTS INC NOTE - 4.8 | 2,230 | 2,379 |
| JP MORGAN CHASE - 4.600% - 12/ | 2,716 | 3,098 |
| JP MORGAN CHASE - 5.300% - 12/ | 3,113 | 2,990 |
| LOUISIANA PACIFIC CP - 4.875% | 3,115 | 3,075 |
| MORGAN STANLEY DEP SHS - 5.550 | 3,109 | 2,966 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABS | 12,173 | 16,314 |
| ACCENTURE PLC | 6,404 | 14,105 |
| ADOBE SYSTEMS, INC | 5,019 | 21,505 |
| AFFIL MANAGERS GR PFD STOCK - | 1,338 | 1,499 |
| AFFILIATED MANAGERS GROUP INC | 726 | 765 |
| AGNC INV CORP 6.125% SER F | 1,681 | 1,625 |
| AGNC INVESTMENT CORP CUML 6.87 | 832 | 821 |
| AGNC INVESTMENT PFD SER C | 1,637 | 1,657 |
| AGNC INVT CORP 6.500% PFD | 834 | 815 |
| AIR LEASE CORP - PFD CLASS A | 2,176 | 2,463 |
| ALGONQUIN POWER & UTIL CORP - | 2,127 | 2,312 |
| ALGONQUIN PWR &UTILITY PFD - 0 | 2,776 | 3,039 |
| ALIGN TECHNOLOGY, INC | 3,404 | 9,084 |
| ALLSTATE CORP | 5,190 | 5,497 |
| ALLSTATE CORP SUB DE FIXED TO | 2,794 | 3,088 |
| ALLSTATE PFD SER H | 1,386 | 1,537 |
| ALPHABET INC CL A | 2,988 | 7,011 |
| ALPHABET INC CL C | 9,430 | 21,023 |
| AMAZON COM | 6,283 | 6,514 |
| AMERICAN EQUITY INVT LIFE HLDG | 3,052 | 3,096 |
| AMERICAN EQUITY INVT LIFE PFE | 3,494 | 3,816 |
| AMERICAN FINANCIAL GROUP 5.625 | 689 | 777 |
| AMERICAN FUNDS STRATEGIC BOND | 13,415 | 13,122 |
| AMERICAN HOMES 4 R | 724 | 774 |
| AMERICAN HOMES 4 RENT PFD D | 1,472 | 1,470 |
| ANNALY CAPITAL MANAGEMENT INC | 1,649 | 1,667 |
| ANNALY CAPITAL MANAGEMENT PFD | 3,252 | 3,352 |
| ASPEN INSURANCE HOLDINGS LIMIT | 8,175 | 8,688 |
| ASPEN INSURANCE HOLDINGS PREF | 1,432 | 1,497 |
| ASPEN INSURANCE PERP | 611 | 798 |
| ASSURANT 5 25 SUBORDINATED NOT | 1,520 | 1,614 |
| AT&T DEPO SHA REP 1000 PREFERR | 2,108 | 2,328 |
| ATHENE HLDG DS LTD PFD SER A | 2,029 | 2,364 |
| ATHENE HLDG LTD 5.625% PFD SER | 2,166 | 2,291 |
| ATHENE HOLDING 1000 DEPOSITARY | 2,049 | 2,263 |
| ATLANTIC UN BANKSHARES 6.875% | 980 | 1,080 |
| AUTODESK, INC | 7,649 | 14,351 |
| AVALONBAY CMNTYS INC | 4,620 | 4,652 |
| AXIS CAPITAL HLDGS LTD NON-CUM | 2,575 | 2,953 |
| BAC CAPITAL PFD 6.20% | 869 | 850 |
| BAC CAPITAL TR X - 6.250% - 03 | 1,425 | 1,584 |
| BANK OF AMERICA CORP 4.375% PF | 2,952 | 3,133 |
| BANK OF AMERICA CORP PFD | 728 | 799 |
| BANK OF AMERICA CORPORATION DE | 1,403 | 1,528 |
| BERKLEY W R CORP - 5.100% - 12 | 757 | 781 |
| BERKSHIRE HATHAWAY INC. CLASS | 3,578 | 4,637 |
| BROOKFIELD FINANCE I 450% PERP | 1,525 | 1,579 |
| CAPITAL ONE FINANCIAL PFD STK | 1,515 | 1,507 |
| CAPITAL ONE FINCL CORP 5.000% | 2,887 | 3,111 |
| CAPITAL ONE FINL DS REPRESENTI | 766 | 780 |
| CHARLES SCHWAB PFD STK SER D 5 | 861 | 885 |
| CHS INC - PFD CLASS B | 4,088 | 4,583 |
| CHS INC PFD - 6.750% - 12/31/2 | 3,421 | 3,798 |
| CHS INC PFD 7.10% CL B | 6,782 | 7,339 |
| CHS INC PFD CL B | 719 | 720 |
| CHURCH & DWIGHT | 2,278 | 2,355 |
| CISCO SYSTEMS INC | 4,659 | 5,325 |
| CITIGROUP CAPITAL XIII - 7.875 | 2,764 | 3,021 |
| CITIGROUP INC PFD SER D - 6.87 | 7,014 | 7,608 |
| CITIGROUP INC PFD SER J - 7.12 | 4,273 | 4,494 |
| CITIZENS FINANCIAL GROUP INC P | 2,378 | 2,682 |
| CITRIX SYSTEMS INC | 3,156 | 2,732 |
| CMS ENERGY CORP 5.875 NTS 79 5 | 1,355 | 1,507 |
| CMS ENERGY CORPORATION PFD - 5 | 671 | 767 |
| COMMERCE BOND INSTITUTIONAL FU | 16,587 | 17,474 |
| DANAHER CORP | 2,478 | 4,887 |
| DIAGEO PLC ADS | 2,308 | 3,176 |
| DIGITAL REALTY PFD SER L | 1,376 | 1,502 |
| DIGITAL REALTY TRUST PFD SER C | 1,467 | 1,456 |
| DIGITAL RLTY RED PREF SHS SERI | 1,330 | 1,482 |
| DOLLAR GENERAL CORP | 5,196 | 11,356 |
| DUKE ENERGY CO | 4,175 | 4,670 |
| ECOLAB INC | 2,683 | 4,544 |
| ENBRIDGE INC PFD 6.375% | 4,256 | 4,654 |
| ENSTAR GROUP LTD 7.00% SER D | 2,794 | 3,106 |
| EQUITABLE HOLDINGS INC PFD SER | 1,418 | 1,518 |
| FACEBOOK INC | 12,813 | 25,131 |
| FARMLAND PARTNERS PFD SER B | 1,239 | 1,510 |
| FIFTH THIRD BANCORP PFD SER A | 741 | 783 |
| FIRST HORIZON NATIONAL CORPORA | 707 | 757 |
| FIRST HORIZON NATL PFE SER E | 688 | 790 |
| FIRST REP BK SAN FRAN NEW DS R | 1,460 | 1,534 |
| FIRST TRUST NASDAQ CYBERSECURI | 7,020 | 9,275 |
| FISERV INC | 3,468 | 4,213 |
| FITB - 6.625% - PFD SER 1 | 3,369 | 3,698 |
| FNB CORP 7.25% PFD | 4,079 | 4,459 |
| FT NYSE ARCA BIOTECH INDEX FUN | 2,653 | 3,192 |
| GARTNER INC | 5,108 | 7,529 |
| GILEAD SCIENCES INC | 2,849 | 2,272 |
| GLOBAL NET LEASE CUM RED PRF S | 444 | 471 |
| GLOBE LIFE PREF C | 1,006 | 1,059 |
| GMAC CAPITAL TRUST I - 8.125% | 9,385 | 9,954 |
| GOLDMAN SACHS GP PFD - 6.375% | 4,132 | 4,704 |
| GOLDMAN SACHS GROUP PFD SER J | 5,593 | 6,149 |
| HONEYWELL INTL | 2,743 | 3,403 |
| HUNTINGTON BANCSHARES | 3,042 | 2,949 |
| ILLUMINA INC COM | 5,497 | 6,660 |
| INGREDION INC | 1,979 | 1,888 |
| INTUITIVE SURGICAL | 5,866 | 6,545 |
| INVESCO DYNAMIC PHARMACEUTICAL | 3,825 | 4,569 |
| INVESCO DYNAMIC SEMICONDUCTORS | 3,474 | 6,716 |
| INVESCO NASDAQ INTERNET ETF | 3,940 | 6,390 |
| INVESCO S&P GLOBAL WATER INDEX | 2,923 | 3,650 |
| ISHARES MSCI USA MIN VOLATILIT | 48,957 | 64,621 |
| ISHARES MSCI USA MOMENTUM FACT | 30,671 | 41,774 |
| ISHARES MSCI USA QUALITY FACTO | 44,183 | 56,245 |
| JOHNSON & JOHNSON | 4,380 | 4,879 |
| JP MORGAN CHASE & CO PFD SER D | 325 | 365 |
| JPMORGAN CHASE & CO 6.00% PFD | 677 | 769 |
| JPMORGAN MORTGAGE BACKED SECUR | 8,816 | 8,756 |
| KEYCORP 6.125% DEP PFD SERIES | 2,676 | 2,986 |
| LABORATORY CORP AMER HLDGS | 2,163 | 2,239 |
| LOCKHEED MARTIN CORP | 3,319 | 3,195 |
| MAINSTAY TAX FREE BOND FUND CL | 16,409 | 16,503 |
| MARSH AND MCLENNAN COMPANIES I | 3,768 | 4,329 |
| MASTERCARD INC | 6,741 | 14,991 |
| MCDONALD'S CORP | 2,969 | 4,292 |
| MICROSOFT CORP | 10,582 | 28,915 |
| MORGAN STANLEY - 6.375% PFD CL | 5,421 | 6,027 |
| MORGAN STANLEY PFD K | 761 | 808 |
| MORGAN STANLEY PFD SER E - 7.1 | 1,371 | 1,500 |
| MORGAN STANLEY PFD SER F - 6.8 | 7,014 | 7,524 |
| MSCI INC | 3,140 | 6,251 |
| MUZINICH CREDIT OPPORTUNITIES | 9,931 | 9,932 |
| NEW YORK CMNTY BANCORP CUML SE | 5,433 | 5,961 |
| NIKE INC-CL B | 2,767 | 7,074 |
| NISOURCE INC. PFD. SERIES B | 2,040 | 2,251 |
| NORFOLK SOUTHERN CORP | 1,534 | 4,277 |
| ORACLE CORP | 3,591 | 4,140 |
| PARTNERRE LTD PFD - 6.500% | 726 | 744 |
| PARTNERRE LTD PFD H | 7,787 | 7,589 |
| PAYCHEX | 1,904 | 2,423 |
| PAYPAL HOLDINGS, INC | 5,140 | 13,349 |
| PEOPLES UNITED FINANCIAL INC | 5,341 | 6,104 |
| PINNACLE FINL PRTNRS PFD B 6.7 | 2,025 | 2,243 |
| PNC FINANCIAL SERVICES PFD SER | 4,115 | 4,204 |
| POLEN GROWTH FUND INSTITUTIONA | 30,294 | 53,201 |
| PRUDENTIAL FINL INC PFD DUE 09 | 1,470 | 1,536 |
| PRUDENTIAL HIGH YIELD FUND, IN | 8,909 | 9,173 |
| PS BUSINESS PKS PFD SER Z | 757 | 822 |
| PUBLIC STORAGE 1000 DEPOSITARY | 741 | 768 |
| PUBLIC STORAGE PFE SERIES L | 703 | 760 |
| QWEST CORP SR NOTES 6.500% - 0 | 737 | 737 |
| REGENERON PHARMACEUTICALS INC | 6,772 | 9,179 |
| REGIONS FINANCIAL CORP - 6.375 | 2,121 | 2,198 |
| REGIONS FINANCIAL CORP NEW MON | 2,087 | 2,306 |
| REINSURANCE GROUP OF AMERICA I | 7,160 | 8,387 |
| REINSURANCE GRP OF AMER 6.20% | 3,049 | 3,218 |
| REPUBLIC SVCS INC | 2,633 | 2,985 |
| ROBO GLOBAL ROBOTICS AND AUTOM | 3,466 | 5,419 |
| SALESFORCE.COM | 9,080 | 12,017 |
| SCE TRUST IV NEW MONEY PFD SER | 714 | 775 |
| SCE TRUST IV PFD K | 3,522 | 4,070 |
| SCE TRUST VI PFD 5.00% | 757 | 797 |
| SELECT SECTOR SPDR UTILITIES | 3,819 | 3,950 |
| SERVICE NOW | 7,276 | 13,761 |
| SIGNATURE BANK ADR | 2,273 | 2,334 |
| SOUTH JERSEY INDS INC CAL NT 2 | 732 | 748 |
| SOUTHERN CO CAL - 0.000% - 10/ | 2,205 | 2,369 |
| SPDR S&P 500 ETF TRUST | 19,234 | 29,910 |
| SPDR S&P AEROSPACE AND DEFENSE | 18,821 | 21,227 |
| SPDR WELLS FARGO PREFERRED STO | 10,838 | 11,147 |
| STARBUCKS CORP COM | 5,848 | 10,377 |
| STATE STREET 5.35% - CLASS B | 4,482 | 5,242 |
| STATE STREET CORP NEW MONEY PF | 2,019 | 2,266 |
| STIFEL FINANCIAL CORPS SER A 6 | 1,669 | 1,767 |
| STRYKER CORPORATION | 3,122 | 3,676 |
| T-MOBILE US INC | 2,638 | 3,371 |
| TCF FINANCIAL DEPOSITORY RECEI | 753 | 796 |
| TCW GALILEO TOTAL RETURN BOND | 9,894 | 9,728 |
| THE COCA-COLA CO | 4,345 | 5,100 |
| THE SOUTHERN COMPANY | 1,416 | 1,534 |
| TRUIST FIN PFD SER R | 2,126 | 2,324 |
| TRUIST FINANCIAL CORP PFD SER | 1,374 | 1,530 |
| UNITED STATES CELLULAR CORPORA | 755 | 756 |
| UNITEDHEALTH GROUP INC | 8,327 | 9,118 |
| US BANCORP DEL REPSTG 1 1000TH | 741 | 745 |
| US CELLULAR CORP 6.250% PFD DU | 729 | 770 |
| VALLEY NATIONAL BANCORP SER A | 2,230 | 2,610 |
| VALLEY NATIONAL BANCORP SER B | 730 | 734 |
| VANGUARD FIN ETF | 4,943 | 5,245 |
| VERTEX PHARMCTLS INC | 2,790 | 2,363 |
| VIRTUS KAR MID CAP CORE FUND I | 11,481 | 15,066 |
| VIRTUS KAR SMALL CAP VALUE FUN | 11,357 | 15,283 |
| VISA INC | 8,727 | 20,561 |
| VORNADO RLTY TRUST 5.250% PFD | 750 | 801 |
| WALT DISNEY HOLDINGS CO | 1,837 | 3,261 |
| WASATCH EMERGING INDIA FUND | 8,065 | 10,132 |
| WCM FOCUSED INTL GROWTH FUNDS | 14,876 | 20,877 |
| WELLS FARGO & CO 4.700% PFD SE | 1,476 | 1,556 |
| WELLS FARGO & CO 5.500% PFD | 2,191 | 2,230 |
| WELLS FARGO & CO. PRFD 'L' | 5,355 | 6,072 |
| WELLS FARGO ADVT STRATEGIC MUN | 16,440 | 16,751 |
| WELLS FARGO COMPANY PREFERRED | 1,461 | 1,559 |
| WELLS FARGO PFD NON-CUM - 5.85 | 3,931 | 4,162 |
| WELLS FARGO PFD SER R - 6.625% | 2,119 | 2,317 |
| WELLS FARGO PFD SHS SER W - 5. | 746 | 742 |
| WESBANCO DS REPRESENTING 1/40T | 446 | 477 |
| WESCO INTL INC PFD SER A | 696 | 813 |
| WINTRUST FIN CORP - 6.500% - P | 2,870 | 3,112 |
| WINTRUST FINL 1 DS REPSTG 1000 | 2,051 | 2,336 |
| YUM BRANDS INC | 1,756 | 2,388 |
| ZIONS BANCORPORATION 6.3% SRS | 3,548 | 3,699 |
| ZOETIS INC | 6,379 | 13,737 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 8,499 | 8,499 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 10,865 | 10,865 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2020 | 800 | |||
| 990-PF Excise Tax for 2019 | 572 |