| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALLEGION U.S. HOLDING CO NTS | 208,605 | 198,078 |
| AMERICAN TOWER | 75,756 | 75,773 |
| AMERICAN TOWER COP 4.7% | 19,293 | 18,487 |
| AMERICAN TOWER CORP | 84,466 | 84,048 |
| ARROW ELECTRONICS NTS | ||
| ARROW ELECTRONICS NTS | ||
| AT&T 3.95% 1/15/25 | 197,820 | 188,727 |
| C.D.W. LLC/C.D.W FINANCE 5.0% | 185,270 | 178,815 |
| CA INC NOTES 4.7% | 195,367 | 179,221 |
| CAMPBELL SOUP SENIOR NOTES 3.65% | 191,145 | 190,230 |
| CARLISLE COS INC NTS 3.5% | 96,464 | 93,838 |
| CARLISLE COS INC NTS 3.750% | 16,424 | 15,767 |
| CENTURYLINK | 209,230 | 193,000 |
| DAVITA HEALTHCARE 5.75% | 166,125 | 162,185 |
| DAVITA HELATHCARE 5.125% | 19,707 | 18,750 |
| DISCOVERY COMMUNICATIONS 4.9% | 178,420 | 179,312 |
| DISH D.B.S CORP UNSECURED NTS | ||
| DISH DBS CORP 5.125% | ||
| DUN & BRADSTREET CORP 4.375% | 172,956 | 176,175 |
| DUN & BROADSTREET CORP NTS | 16,267 | 16,150 |
| EXPEDIA | 166,742 | 170,476 |
| FISERV INC 3.50% 10/01/2022 | ||
| FISERV INC NOTES 3.85% | ||
| FORTUNE BRANDS HOME NOTES 4.0% | 182,213 | 180,071 |
| GAP | 176,645 | 186,861 |
| HOST HOTELS & RESORTS LP NOTES 4.75% | 178,544 | 173,689 |
| HOST HOTELS & RESORTS LP NOTES 5.25% | 16,646 | 16,555 |
| JUNIPER NETWORKS IN C SR. UNSECURED | 62,233 | 61,768 |
| JUNIPER NETWORKS INC 4.35% | 130,170 | 128,678 |
| KLA-TENOR CORP 4.65% | 192,753 | 190,617 |
| KOHL'S CORP NOTES 4.75% | 23,580 | 23,880 |
| KOHL'S CORPORATION NOTES 4.250 | 169,072 | 168,739 |
| KOHL'S CORPORATIONS NOTES | ||
| KRAFT HEINZ FOODS CO NOTES | 198,607 | 187,745 |
| L BRANDS INC NOTES | 186,934 | 177,606 |
| L-3 COMM | ||
| L-3 COMMUNICATIONS COP 4.75% | ||
| L-3 TECHNOLOGIES INC NOTES | ||
| L3 TECHNOLOGIES NOTES 3.95% | 119,231 | 118,775 |
| LABORATORY COP OF AMER HOLDIN | ||
| LABORATORY CORP | 193,631 | 191,414 |
| MASCO COPR 4.45% 04/01/2025 | 66,111 | 66,123 |
| MASCO CORP 5.95% 03/15/2022 | 118,830 | 116,564 |
| MOTOROLA SOLUTIONS INC 4% | 188,739 | 183,923 |
| OMNICOM GROUP INC NOTES 3.600% | 100,537 | 100,492 |
| QVC INC 4.375% 03/15/2023 | 145,381 | 139,132 |
| QVC NOTES 4.85% 4/1/2024 | 43,655 | 41,553 |
| REYNOLDS AMERICAN NOTES 4.85% | 194,366 | 189,238 |
| RPM INTL INC | ||
| SALLY HOLDINGS NOTES 5.625% | 214,238 | 193,200 |
| SBA COMMUNICATIONS NOTES 4.875% | 182,999 | 177,660 |
| STEEL DYNAMICS 5.25% | 19,416 | 18,739 |
| TESCORO CORP SR NTS | ||
| TOTAL SYSTEM SERVICES INC | 89,468 | 90,260 |
| TOTAL SYSTEM SERVICES INC 3.8% | 87,879 | 87,982 |
| TRANSDIGM INC 6% 07/15/2022 | 167,920 | 164,495 |
| TRANSDIGM INC NOTES | 18,336 | 17,505 |
| TRINITY ACQUISITION 4.4% | 15,669 | 14,906 |
| TRINITY ACQUISITION PLC 3.5% | 16,441 | 15,844 |
| TRINITY ACQUISITIONS PLC NOTES | 61,713 | 59,651 |
| UNITED RENTALS NA | 185,131 | 174,213 |
| VALMONT 6.625% | ||
| VERISK ANALYTICS INC | 117,058 | 115,040 |
| VERISK ANALYTICS INC NOTES | 60,371 | 60,780 |
| VERIZON COMMUNICATIONS NOTES 5 | ||
| VIACOM INC 4.25% 09/01/2023 | ||
| WILLIS N/A | 96,392 | 92,754 |
| WESTERN DIGITAL CORP NOTES 4.75 | 214,415 | 186,513 |
| EXPEDIA NOTES 5.0% | 17,289 | 17,173 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| GILEAD SCIENCES INC COM | ||
| PRICELINE GROUP INC COM | ||
| SCHLUMBERGER LTD COM | ||
| VANGUARD FTSE ALL-WORLD EX-US | ||
| PHILIP MORRIS INTL | 36,930 | 66,760 |
| IQVIA HOLDINGS INC COM | 50,873 | 58,085 |
| ROPER TECHNOLOGIES INC | 53,600 | 346,476 |
| MARTIN MARIETTA MATERIALS COM | 81,905 | 68,748 |
| EATON CORP PLC SHS | 85,497 | 137,320 |
| BOEING CO COM | 89,049 | 96,750 |
| STARBUCKS CORP COM | 91,511 | 257,600 |
| AMERIPRISE FINCL INC | 96,788 | 104,370 |
| FISERV INC | 97,117 | 146,980 |
| PEPSICO INC | 101,413 | 220,960 |
| CAPITAL ONE FINANCIAL CORP | 104,469 | 340,155 |
| AMAZON.COM INC COM | 113,054 | 901,182 |
| CHEVRON CORP COM | 115,068 | 217,580 |
| THERMO FISHER SCIENTIFIC INC | 117,718 | 179,032 |
| JOHNSON & JOHNSON COM | 129,945 | 193,575 |
| VISA INC CL A | 130,206 | 857,610 |
| BIOGEN INC | 132,259 | 180,552 |
| COMCAST CORP CL A | 134,021 | 204,300 |
| ECOLAB INC | 134,863 | 221,025 |
| HOME DEPOT INC COM | 136,020 | 171,820 |
| LOWES COS INC COM | 141,228 | 184,720 |
| UNION PACIFIC CORP | 141,829 | 622,035 |
| MASTERCARD INC CL A | 143,469 | 1,414,875 |
| ALLERGAN PLC | 144,000 | 133,660 |
| AMGEN INC | 146,150 | 194,670 |
| APPLE INC | 146,165 | 1,309,242 |
| WELLS FARGO & CO NEW | 150,498 | 276,480 |
| ALPHABET INC CL C | 157,840 | 725,963 |
| BERKSHIRE HATHAWAY CL B | 157,999 | 408,360 |
| ALPHABET INC CL A | 158,633 | 731,472 |
| STERLING CAPITAL BEHAVIORAL | 161,635 | 141,896 |
| PAYPAL HOLDINGS INC | 189,475 | 588,630 |
| JP MORGAN CHASE & CO COM | 197,779 | 341,670 |
| BOOKING HOLDINGS | 221,578 | 602,847 |
| FACEBOOK INC - A | 237,623 | 301,507 |
| DISNEY COM | 240,188 | 548,250 |
| FEDEX CORP | 246,606 | 241,995 |
| CONTINENTAL RESOURCE INC COM | 271,338 | 241,140 |
| BERKSHIRE HATHAWAY INC CLASS A | 279,375 | 918,000 |
| CELGENE CORP COM | 321,784 | 512,720 |
| ISHARE CORE S&P SMALL CAP ETF | 346,506 | 693,200 |
| BLACKROCK INC COM | 394,682 | 510,666 |
| ISHARES S&P MID CAP ETF | 549,775 | 996,360 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT LEGAL FEES | 2,809 | 2,809 |
| Description | Amount |
|---|---|
| BASIS ADJUSTMENT | 10,409 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES - 5023 | 29,203 | 29,203 | ||
| INVESTMENT FEES - 5031 | 104,313 | 104,313 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PRIOR YEAR TAX - 5023 | 1,574 | |||
| PRIOR YEAR TAX - 5031 | 4,248 | |||
| ESTIMATED TAX - 5023 | 5,967 | |||
| ESTIMATED TAX - 5031 | 16,046 | |||
| FOREIGN TAXES | 3,168 | 3,168 |