| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FEDERATED INSTITUTIONAL HIGH Y | 5,921 | 5,853 |
| PALMER SQUARE INCOME PLUS FUND | 2,695 | 2,768 |
| LORD ABBETT FLOATING RATE FD C | ||
| TRIBUTARY SHORT/INTERMEDIATE B | 61,332 | 62,162 |
| TRIBUTARY INCOME FUND INS PL | 67,046 | 70,732 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHUBB LIMITED COM | 1,223 | 2,001 |
| ROYAL CARIBBEAN CRUISES LTD | 1,216 | 1,195 |
| AMN HEALTHCARE SERVICES INC CO | 1,248 | 1,911 |
| ACTIVISION BLIZZARD INC COM | 2,005 | 3,157 |
| ADOBE INC. | 355 | 3,001 |
| ALPHABET INC CAP STK CL C | 3,280 | 8,759 |
| AMAZON.COM INC COM | 4,983 | 9,771 |
| AMERICAN TOWER CORPORATION | 649 | 1,796 |
| AMETEK INC NEW COM | 1,907 | 2,419 |
| APPLE INC COM | 1,835 | 14,198 |
| ATMOS ENERGY CORP COM | 1,267 | 1,431 |
| BAXTER INTL INC COM | 1,157 | 1,846 |
| BERRY GLOBAL GROUP INC | 1,026 | 1,292 |
| BIOGEN, INC. | 1,731 | 1,469 |
| BLACKROCK INC COM | 1,211 | 2,886 |
| BOOKING HLDGS INC COM | 2,294 | 4,455 |
| BOSTON SCIENTIFIC CORP COM | 1,126 | 1,726 |
| BROADCOM INC COM | 746 | 2,627 |
| CDW CORP COM | 969 | 2,109 |
| CIGNA CORP NEW COM | ||
| CME GROUP INC COM | 954 | 1,638 |
| CABOT MICROELECTRONICS CORP CO | ||
| CENTERSTATE BK CORP COM | ||
| CHURCH & DWIGHT INC COM | 911 | 1,745 |
| CISCO SYS INC COM | 1,888 | 2,775 |
| CITRIX SYS INC COM | 1,432 | 1,821 |
| COMCAST CORP CL A | 1,309 | 2,515 |
| CONSTELLATION BRANDS INC CL A | 1,717 | 2,629 |
| COSTCO WHSL CORP NEW COM | 790 | 2,637 |
| DIAMONDBACK ENERGY INC COM | 1,144 | 678 |
| EOG RES INC COM | 1,523 | 1,047 |
| EDWARDS LIFESCIENCES CORP COM | 466 | 2,007 |
| EXXON MOBIL CORP COM | 2,489 | 1,360 |
| FMC CORP COM NEW | 881 | 2,069 |
| FACEBOOK INC CL A | 1,619 | 4,917 |
| FIRST AMERN FINL CORP COM | 930 | 1,187 |
| FIRST INDL RLTY TR INC COM | 1,316 | 1,727 |
| FLEETCOR TECHNOLOGIES INC COM | 1,018 | 1,910 |
| HOME DEPOT INC COM | 846 | 2,922 |
| HUMANA INC COM | 1,747 | 2,462 |
| HUNTINGTON BANCSHARES INC COM | ||
| IAA INC COM | 640 | 1,884 |
| INTEGER HLDGS CORP COM | 1,902 | 2,111 |
| JPMORGAN CHASE & CO COM | 1,832 | 4,066 |
| KEYCORP NEW COM | 707 | 821 |
| LHC GROUP INC COM | 609 | 1,493 |
| LABORATORY CORP AMER HLDGS COM | 1,349 | 1,832 |
| LAMB WESTON HLDGS INC COM | 1,408 | 2,520 |
| LILLY ELI & CO COM | 1,179 | 2,533 |
| MANULIFE FINL CORP COM | 1,663 | 1,764 |
| MARTIN MARIETTA MATERIALS COM | ||
| MASTEC INC COM | 1,720 | 2,795 |
| MASTERCARD INC CL A | 835 | 3,926 |
| MICROSOFT CORP COM | 2,619 | 11,121 |
| MICROCHIP TECHNOLOGY INC COM | 1,091 | 2,624 |
| NEXTERA ENERGY INC COM | 658 | 2,160 |
| NIKE INC CL B | 1,017 | 2,971 |
| NORTHERN TR CORP COM | 1,376 | 1,770 |
| O REILLY AUTOMOTIVE INC NEW CO | 686 | 1,810 |
| PAYCOM SOFTWARE INC COM | 920 | 2,261 |
| PHILLIPS 66 COM | 983 | 839 |
| RAYTHEON CO COM NEW | 3,675 | 3,218 |
| ROPER TECHNOLOGIES, INC. | 817 | 2,587 |
| SCHLUMBERGER LTD COM | 3,015 | 1,179 |
| SOUTHWEST AIRLS CO COM | ||
| SOUTHWEST GAS HOLDINGS, INC | 1,149 | 1,094 |
| SUN CMNTYS INC COM | 782 | 1,216 |
| THERMO FISHER CORP COM | 691 | 2,795 |
| TIMKEN CO COM | 1,570 | 2,630 |
| US BANCORP DEL COM NEW | 1,078 | 1,258 |
| ULTA BEAUTY, INC | 471 | 1,436 |
| VERIZON COMMUNICATIONS INC COM | 2,015 | 2,468 |
| WALMART INC. | 2,143 | 2,739 |
| WASTE MANAGEMENT INC COM | 1,620 | 2,359 |
| WELLS FARGO & CO NEW COM | 1,980 | 1,117 |
| ZOETIS INC CL A | 667 | 2,152 |
| INVESCO OPPENHEIMER DEVELOPING | 6,653 | 10,041 |
| LAZARD INTERNATIONAL EQUITY IN | 24,042 | 27,782 |
| MFS GLOBAL REAL ESTATE FUND R5 | 5,988 | 5,988 |
| MANNING & NAPIER RAINIER INTER | 8,843 | 15,575 |
| HORIZON THERAPEUTICS PUB LTD S | 1,015 | 1,682 |
| LINDE PLC COM | 1,982 | 2,108 |
| CMC MATERIALS INC COM | 1,554 | 2,118 |
| CSX CORP COM | 2,354 | 2,995 |
| EQUITABLE HLDGS INC COM | 1,020 | 1,407 |
| MORGAN STANLEY COM NEW | 2,035 | 2,193 |
| NVIDIA CORP COM | 3,108 | 3,133 |
| POOL CORPORATION COM | 1,599 | 1,863 |
| SOUTH ST CORP COM | 1,622 | 1,446 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| JPMORGAN HEDGED EQUITY FUND - | AT COST | 34,271 | 38,305 |
| ISHARES GOLD TR | AT COST | 9,503 | 9,373 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PENDING RIC INCOME | 407 | 295 | 295 |
| PENDING WASH SALES | 35 | 45 | 45 |
| MUTUAL FUND EARNINGS | 6 | 6 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER NON-ALLOCABLE EXPENSE - | 1,800 | 1,620 | 180 | |
| OTHER EXPENSE (NON-DEDUCTIBLE | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PENDING RETURN OF CAPITAL ADJUSTMENTS | 20 | 14 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER ALLOCABLE EXPENSE-PRINCI | 15 | 14 | 2 | |
| TAX PREPARATION FEE (NON-ALLOC | 1,250 | 1,125 | 125 | |
| INVESTMNT MNGMNT FEES (NON-DED | 5,272 | 4,745 | 527 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 18 | 17 | 0 | |
| FEDERAL TAX PAYMENT - PRIOR YE | 75 | 0 | 8 | |
| FEDERAL ESTIMATES - PRINCIPAL | 208 | 0 | 0 | |
| FOREIGN TAXES ON QUALIFIED FOR | 58 | 52 | 0 | |
| FOREIGN TAXES ON NONQUALIFIED | 5 | 5 | 0 |