| 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 |
|---|---|---|
| 3M CO - 3.050% - 04/15/2030 | 34,618 | 38,653 |
| AECOM NOTE - 5.875% - 10/15/20 | 7,423 | 7,807 |
| AIRCASTLE LTD - 4.400% - 09/25 | 26,887 | 33,909 |
| ALABAMA PWR CO - 2.800% - 04/0 | 28,440 | 29,085 |
| ALABAMA PWR CO - 3.950% - 06/0 | 78,249 | 77,137 |
| ALLY FINL INC - 4.625% - 05/19 | 7,998 | 8,432 |
| AMERICAN EXPRESS - 3.700% - 08 | 23,048 | 24,906 |
| AMERICAN EXPRESS CO - 4.200% - | 68,121 | 70,825 |
| AMERICAN TOWER CORP - 2.900% - | 40,322 | 43,601 |
| AMERICAN TOWER CORP - 3.600% - | 3,144 | 3,408 |
| ANHEUSER BUSCH - 4.150% - 01/2 | 8,743 | 9,110 |
| AT&T INC - 3.650% - 06/01/2051 | 50,803 | 53,402 |
| AT&T INC BOND - 3.400% - 05/15 | 16,665 | 18,895 |
| BANK AMER CORP - 3.194% - 07/2 | 40,170 | 42,586 |
| BANK OF NEW YORK MELLON - 2.95 | 77,683 | 78,890 |
| BEMIS CO INC - 2.630% - 06/19/ | 26,392 | 28,156 |
| BERKSHIRE HATHAWAY INC - 0.000 | 57,791 | 58,809 |
| BERRY PLASTICS - 5.125% - 07/1 | 5,097 | 5,063 |
| BOARDWALK PIPELINES LP - 3.400 | 35,959 | 37,543 |
| BP GROUP PLC - 3.279% - 09/19/ | 13,849 | 15,720 |
| CENTENE CORP DEL - 4.750% - 01 | 8,153 | 8,210 |
| CHARTER COMMUNICATIONS - 5.050 | 7,836 | 8,511 |
| CHARTER COMMUNICATIONS - 6.384 | 9,287 | 10,960 |
| CITIGROUP INC - 4.300% - 11/20 | 33,853 | 36,144 |
| COCA-COLA CO - 3.450% - 03/25/ | 52,634 | 57,757 |
| COMCAST CORP NOTE - 3.550% - 0 | 13,292 | 16,134 |
| CROWN CASTLE INTL - 3.300% - 0 | 25,787 | 29,101 |
| CSC HLDGS INC NOTE - 5.250% - | 7,719 | 8,659 |
| CUBESMART, L.P - 3.000% - 02/1 | 33,418 | 34,992 |
| CVS CAREMARK CORP - 3.700% - 0 | 36,392 | 37,444 |
| CVS CAREMARK CORP NOTE - 4.300 | 18,863 | 22,609 |
| CYRUSONE LP - 3.450% - 11/15/2 | 24,667 | 25,818 |
| D R HORTON INC - 1.400% - 10/1 | 29,914 | 30,189 |
| DCP MIDSTREAM OPERATING PL - 5 | 8,441 | 8,791 |
| DELTA AIR LINES INC - 2.000% - | 41,457 | 42,594 |
| DISCOVER CARD EXECUTION SER 20 | 134,799 | 135,013 |
| DISNEY WALT CO - 2.950% - 06/1 | 68,704 | 71,118 |
| DUKE ENERGY CAROLINAS - 2.950% | 12,330 | 12,328 |
| DUKE ENERGY FLA PROJFIN LLC SE | 70,159 | 70,285 |
| EDISON INTL - 5.750% - 06/15/2 | 2,204 | 2,393 |
| EMC CORP - 3.375% - 06/01/2023 | 7,743 | 8,320 |
| ENABLE MIDSTREAM PARTNERS LP - | 19,673 | 19,429 |
| EXXON MOBIL - 2.397% - 03/06/2 | 67,890 | 68,501 |
| FIDELITY NATIONAL FINANCIAL IN | 16,959 | 18,669 |
| FREEPORT-MCMORAN NT - 3.550% - | 7,774 | 8,140 |
| GENERAL MOTORS - 6.250% - 10/0 | 7,536 | 10,792 |
| GENERAL MTRS CO - 6.600% - 04/ | 34,250 | 33,847 |
| GOLDMAN SACHS - 3.814% - 04/23 | 31,250 | 33,565 |
| HANOVER INS GROUP INC - 2.500% | 26,147 | 27,137 |
| HARTFORD HEALTHCARE CORP - 3.4 | 20,087 | 21,100 |
| HCA INC - 5.250% - 06/15/2026 | 5,559 | 5,918 |
| HCA INC - 5.375% - 02/01/2025 | 8,363 | 8,996 |
| HEWLETT PACKARD - 1.450% - 04/ | 20,975 | 21,548 |
| HEXCEL 3.95% 2/15/2027 - 3.950 | 35,643 | 36,750 |
| HOLLYFRONTIER CORP - 4.500% - | 20,963 | 22,183 |
| JOHNSON & JOHNSON - 2.450% - 0 | 67,463 | 71,799 |
| JUNIPER NETWORKS - 2.000% - 12 | 31,940 | 31,569 |
| KIMBERLY CLARK CORP - 3.100% - | 67,671 | 72,550 |
| KINROSS GOLD CORP - 5.950% - 0 | 25,289 | 27,307 |
| LEVEL 3 FINANCING INC - 5.375% | 8,184 | 8,228 |
| LIFE STORAGE LP - 4.000% - 06/ | 22,023 | 26,884 |
| LOWES INC - 3.000% - 04/15/202 | 20,979 | 22,462 |
| MAGELLAN MIDSTREAM PRTNRS LP - | 15,380 | 15,778 |
| MAGNA INTERNATIONAL INC - 2.45 | 17,922 | 19,362 |
| MASTERCARD INC - 3.350% - 03/2 | 47,424 | 50,014 |
| MCDONALDS CORP - 4.200% - 04/0 | 25,702 | 33,425 |
| METLIFE INC - 3.048% - 12/15/2 | 68,501 | 69,462 |
| MIDAMERICAN ENERGY CO - 3.650% | 21,892 | 26,130 |
| MORGAN STANLEY - 3.875% - 01/2 | 55,172 | 61,816 |
| MORGAN STANLEY FR - 3.700% - 1 | 20,213 | 22,256 |
| MOTOROLA SOLUTIONS INC - 5.500 | 40,913 | 45,845 |
| MS BOFA ML TRUST SER 2013-C9 C | 20,559 | 20,620 |
| MURPHY OIL - 6.875% - 08/15/20 | 7,337 | 7,124 |
| NATIONAL RURAL UTIL - 3.050% - | 38,917 | 38,865 |
| NORTHERN STS PWR - 2.150% - 08 | 77,539 | 79,625 |
| NORTHERN TR CORP NOTE - 3.150% | 20,879 | 23,781 |
| NORTHWELL HEALTHCARE INC - 3.8 | 8,315 | 9,171 |
| NVR INC - 3.000% - 05/15/2030 | 16,968 | 18,605 |
| ONCOR ELEC DELIVERY CO - 3.700 | 20,276 | 22,331 |
| OSHKOSH CORP - 3.100% - 03/01/ | 9,962 | 10,907 |
| PACIFIC GAS &ELEC COBOND CALL | 22,037 | 22,062 |
| PECO ENERGY CO - 3.150% - 10/1 | 78,292 | 82,133 |
| PEPSICO INC - 2.625% - 07/29/2 | 14,748 | 15,455 |
| PEPSICO INC - 2.750% - 03/01/2 | 67,859 | 69,683 |
| PHYSICIANS RLTY LP SER A - 3.9 | 34,773 | 37,001 |
| PRUDENTIAL - 1.500% - 03/10/20 | 76,735 | 76,781 |
| PRUDENTIAL PLC - 3.125% - 04/1 | 14,047 | 14,739 |
| PUBLIC SERVICE CO COLO - 2.500 | 1,020 | 1,036 |
| QUANTA SVCS INC - 2.900% - 10/ | 23,919 | 25,732 |
| REXFORD INDUSTRIAL REALTY - 2. | 20,834 | 21,028 |
| SCHWAB CHARLES CORP BOND - 4.0 | 31,000 | 32,628 |
| SOUTHERN CALIF EDISON CO - 4.1 | 13,949 | 16,685 |
| STANFORD HEALTH CARESER - 3.31 | 34,144 | 35,305 |
| STATE STR CORP - 2.400% - 01/2 | 21,417 | 25,134 |
| STATE STR CORP - 3.700% - 11/2 | 68,280 | 70,125 |
| SUNTRUST BANK - 3.300% - 05/15 | 41,923 | 41,372 |
| SVB FINANCIAL GROUP - 3.125% - | 34,973 | 39,408 |
| U S BANCORP - 3.375% - 02/05/2 | 70,211 | 71,850 |
| UNITED PARCEL SERVICE - 3.050% | 68,672 | 74,429 |
| VERIZON COMMUNICATIONS - 0.000 | 71,416 | 71,680 |
| VERIZON COMMUNICATIONS INC - 3 | 11,963 | 13,457 |
| VISA INC - 2.050% - 04/15/2030 | 18,032 | 19,251 |
| VULCAN MATERIALS CO - 3.500% - | 12,964 | 14,932 |
| WABTEC CORP - 4.400% - 03/15/2 | 19,445 | 19,699 |
| WELLS FARGO &CO - 2.188% - 04/ | 41,224 | 43,168 |
| XYLEM INC - 1.950% - 01/30/202 | 9,950 | 10,544 |
| JETBLUE SER 2019-1 CL AA - 2.7 | 10,018 | 10,590 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M CO | 42,443 | 44,047 |
| AAC TEC HOLDINGS ADR | 41,252 | 26,134 |
| ABB LTD | 71,636 | 83,461 |
| ACCENTURE PLC | 35,088 | 69,482 |
| ACUSHNET HOLDINGS CORP | 36,388 | 44,594 |
| AGREE REALTY CORP | 20,726 | 20,706 |
| AIA GROUP LTD ADR | 98,741 | 151,763 |
| ALBANY INTERNATIONAL CORP | 14,716 | 19,236 |
| ALCON INC | 34,555 | 40,182 |
| ALIBABA GROUP HOLDING LTD | 179,145 | 227,377 |
| ALLEGION PLC | 87,122 | 94,268 |
| ALLETE INC | 34,168 | 28,183 |
| ALPHABET INC CL A | 29,900 | 64,848 |
| ALPHABET INC CL C | 29,071 | 64,820 |
| ALSTOM | 43,222 | 48,607 |
| ALTRIA GROUP INC | 35,517 | 29,889 |
| AMAZON COM | 72,216 | 169,360 |
| AMCOR LTD ORD SHS | 29,266 | 31,755 |
| AMDOCS LIMITED | 40,072 | 41,849 |
| AMERICA MOVIL SA | 91,018 | 87,327 |
| ANGLO AM PLC ADR | 24,854 | 45,007 |
| ANHUI CONCH CEM ADR | 51,160 | 51,055 |
| ANSYS INC | 32,950 | 76,398 |
| AON PLC CL A | 55,243 | 89,367 |
| ASM PACIFIC TECH | 57,890 | 56,926 |
| ASML HOLDING NV NY REG SHS | 20,916 | 37,554 |
| ASPEN TECHNOLOGY, INC | 75,202 | 81,276 |
| ASSURED GUARANTY LTD | 35,436 | 22,673 |
| AT&T, INC | 62,611 | 48,489 |
| AUTODESK, INC | 32,428 | 124,273 |
| AUTOMATIC DATA PROCESSING INC | 9,772 | 16,739 |
| AVERY DENNISON CORP | 24,344 | 29,781 |
| BAIDU.COM - ADR | 43,939 | 75,684 |
| BANCO BRADESCO S.A. SPONS ADR | 35,574 | 25,432 |
| BANCO DO BRASIL S A SPONSORED | 93,844 | 58,734 |
| BANCO SANTANDER CEN | 37,119 | 49,032 |
| BANK OF AMERICA CORP | 58,410 | 54,891 |
| BANK OZK | 42,215 | 45,060 |
| BB SEGURIDADE | 58,959 | 39,754 |
| BCE INC | 60,732 | 60,776 |
| BEIERSDORF AG ADR EACH REPR 0. | 92,754 | 93,425 |
| BENTLEY SYSTEMS INC CL B | 72,508 | 91,512 |
| BERKLEY W R CP | 108,379 | 106,272 |
| BHP BILLITON LIMITED | 47,324 | 56,780 |
| BIDVEST GROUP LTD (ADR) | 40,843 | 34,117 |
| BLACKROCK STRAT INC OPP PORTFO | 5,615,503 | 5,846,156 |
| BNP PARIBAS SPONS ADR | 50,515 | 52,182 |
| BOEING CO | 72,973 | 99,966 |
| BOOKING HOLDINGS INC | 65,885 | 75,727 |
| BRIGHT HORIZONS FAMILY SOLUTIO | 56,506 | 73,348 |
| BRITISH AMERICAN TOBACCO PLC | 28,614 | 25,231 |
| BROADCOM INC | 112,944 | 156,312 |
| BRUNSWICK CORP | 30,556 | 45,592 |
| CABLE ONE INC | 44,465 | 51,238 |
| CALRSBERG AS SP ADR REP B | 65,115 | 95,426 |
| CAMDEN PPTY TR | 6,451 | 6,894 |
| CANADIAN NATL RAILWAY CO | 91,441 | 128,305 |
| CATHAY GENERAL BANCORP | 30,020 | 26,589 |
| CDW CORP | 108,353 | 100,292 |
| CERNER CORPORATION | 28,773 | 39,475 |
| CGI INC | 106,576 | 105,800 |
| CHARLES RIV LABORATORIES INTL | 81,328 | 132,926 |
| CHEMED CORP | 76,499 | 89,478 |
| CHEVRON CORP | 67,010 | 50,923 |
| CHINA CONSTRUCT UNSPON ADR | 69,912 | 60,831 |
| CHINA MENGNIU DAIRY COMPANY AD | 29,592 | 49,022 |
| CHINA MERCHANTS BANK | 56,530 | 71,733 |
| CHINA MOBILE HGK LTD | 29,333 | 20,749 |
| CHINA SHENHUA ADR | 50,790 | 46,613 |
| CHUBB LIMITED | 59,826 | 65,262 |
| CIMAREX ENERGY CO | 17,620 | 12,453 |
| CISCO SYSTEMS INC | 57,477 | 84,443 |
| CITIGROUP INC | 48,671 | 37,921 |
| CNOOC LTD ADS | 38,406 | 21,171 |
| COLGATE-PALMOLIVE COMPANY | 30,086 | 37,539 |
| COMFORT SYSTEMS USA INC | 7,099 | 7,899 |
| COMML INTL BK S/ADR | 30,507 | 22,008 |
| CONMED CORPORATION | 27,202 | 33,152 |
| CONOCOPHILLIPS | 29,261 | 28,873 |
| CONTL AG SPONS ADR | 24,890 | 35,066 |
| COOPER COMPANIES INC | 106,408 | 120,259 |
| COPART INC | 81,570 | 114,780 |
| CORNING INC | 7,462 | 9,720 |
| CRANE CO | 26,289 | 23,686 |
| CRITEO SA | 21,909 | 25,843 |
| CSL LTD | 16,590 | 25,775 |
| CULLEN FROST BANKERS INC | 24,782 | 22,331 |
| DAIWA HOUSE IND LTD | 45,832 | 44,163 |
| DBS GROUP HLDGS SPON ADR | 29,822 | 41,828 |
| DEERE CO | 37,787 | 88,787 |
| DEUTSCHE BOERSE ADR | 54,143 | 74,495 |
| DIAGEO PLC ADS | 30,982 | 39,226 |
| DIAMONDBACK ENERGY INC | 5,269 | 11,713 |
| DOCUSIGN INC | 46,266 | 139,382 |
| DONALDSON CO. INC | 10,514 | 10,282 |
| DOW INC | 39,380 | 53,058 |
| DUKE ENERGY CO | 27,795 | 31,405 |
| EAST WEST BANCORP, INC | 41,421 | 46,400 |
| EASTGROUP PROPERTIES INC | 15,882 | 22,780 |
| ELANCO ANIMAL HEALTH INCORPORA | 80,828 | 84,220 |
| ELI LILLY & CO | 20,710 | 47,444 |
| ENEL SOCIETA PER AZI | 68,856 | 86,366 |
| ENERGIZER HOLDINGS INC | 23,723 | 20,710 |
| ENGIE | 84,865 | 103,596 |
| ENGIE BRASIL ENERGIA S A | 23,511 | 26,371 |
| ENN ENERGY HOLDINGS LIMITED | 24,811 | 33,208 |
| ENPRO INDUSTRIES INC | 7,789 | 10,875 |
| EQUIFAX INC | 79,740 | 98,734 |
| EQUINOR ASA | 32,121 | 30,935 |
| EXPEDITORS INTL WASH INC | 35,948 | 57,066 |
| EXPONENT, INC | 52,369 | 61,310 |
| EXXON MOBIL CORP | 66,747 | 36,315 |
| FACEBOOK INC | 76,682 | 133,575 |
| FACTSET RESH SYST INC | 18,645 | 36,575 |
| FAIR ISSAC & CO INC | 50,605 | 68,990 |
| FANUC LIMITED UNSPONSORED | 23,819 | 41,306 |
| FEDERAL AGRICULTURAL MORTGAGE | 12,858 | 12,251 |
| FERGUSON PLC SPON ADR | 41,368 | 54,992 |
| FIDELITY NATIONAL FINANCIAL IN | 41,053 | 44,602 |
| FLIR SYSTEMS INC | 78,152 | 66,139 |
| FLUGHAFEN ZURICH AG | 10,879 | 19,728 |
| FLUTTER ENTMT PLC ADR | 55,011 | 90,741 |
| FOUR CORNERS PROPERTY TRUST IN | 16,584 | 19,857 |
| FUJITSU LTD ADR OTC | 34,403 | 37,140 |
| FULLER H B CO | 7,714 | 7,938 |
| GALP ENERGIA | 48,881 | 29,967 |
| GAMESA CORP TECN UNSP/ADR | 15,595 | 36,299 |
| GEN DYNAMICS CP | 34,599 | 32,145 |
| GENUINE PARTS COMPANY | 38,717 | 41,578 |
| GRUPO AEROPORTUARIO DEL ADR | 42,906 | 49,301 |
| GRUPO FIN ADR | 32,521 | 39,559 |
| HASBRO INC | 30,935 | 30,868 |
| HDFC BANK LTD ADR | 60,668 | 101,814 |
| HEALTHPEAK PROPERTIES INC | 37,466 | 39,541 |
| HEINEKEN N V S ADR | 33,466 | 39,535 |
| HENGAN INTL GRP ADR | 68,977 | 69,031 |
| HENRY JACK & ASSOC INC | 61,405 | 68,522 |
| HEXAGON | 31,749 | 52,033 |
| HILL-ROM HOLDINGS, INC | 15,525 | 16,851 |
| HITACHI LTD | 70,784 | 68,046 |
| HOLLYFRONTIER CORP | 14,437 | 13,390 |
| HOYA CORP SPONS ADR | 25,743 | 60,374 |
| HUBBELL INCORPORATED | 16,767 | 18,344 |
| HUNTINGTON INGALLS INDUSTRIES | 20,360 | 19,946 |
| HUNTSMAN CORP | 24,999 | 26,950 |
| ICON PLC - AMERICAN DEPOSITARY | 45,029 | 52,450 |
| IDACORP INC HLDG CO | 8,209 | 7,778 |
| ILLUMINA INC COM | 40,938 | 49,950 |
| INDUSTRIA DE DISENO | 15,942 | 18,125 |
| INFORMA PLC SPONSORED ADR | 35,614 | 32,739 |
| INFOSYS TECH LTD SPD ADR | 78,902 | 133,922 |
| INGREDION INC | 31,352 | 26,590 |
| INTEL CORP | 37,032 | 41,002 |
| INTERACTIVE BROKERS GROUP, INC | 44,600 | 58,300 |
| INTERPUBLIC GROUP OF COS | 8,331 | 10,913 |
| INTERTEK GROUP UNSP ADR | 26,597 | 27,910 |
| INTUITIVE SURGICAL | 19,431 | 31,906 |
| ISHARES BARCLAYS 1-3 YEAR TREA | 2,486,867 | 2,537,759 |
| ISHARES BARCLAYS US AGGREGATE | 2,508,238 | 2,633,038 |
| ISHARES CORE MSCI EAFE ETF | 3,300,056 | 3,503,417 |
| ISHARES CORE MSCI EMERGING MAR | 2,210,528 | 2,548,790 |
| ISHARES S&P 500 INDEX FD | 4,468,169 | 5,195,774 |
| JAMES RIVER GROUP HOLDINGS LTD | 28,402 | 34,012 |
| JD.COM, INC | 64,243 | 84,384 |
| JOHNSON & JOHNSON | 58,780 | 70,821 |
| JOHNSON CONTROLS INTERNATIONAL | 54,231 | 62,337 |
| JP MORGAN CHASE | 48,913 | 70,778 |
| KAO CORP | 42,549 | 39,588 |
| KASIKORNBANK PUB CO LTD ADR CM | 34,478 | 30,160 |
| KIMBERLY CLARK DE MEXICO | 28,586 | 24,378 |
| KIMBERLY CLARK CORP | 35,288 | 45,033 |
| KNORR BREMSE ADR | 88,191 | 107,591 |
| KOITO MANUFACTURING | 43,464 | 62,526 |
| KOMATSU LTD | 60,293 | 73,158 |
| KONINKLIJKE DSM NV ADR | 41,130 | 65,191 |
| KOOKMIN BANK | 66,892 | 64,667 |
| KUENE & NAGEL INTL AG ADR | 50,366 | 67,189 |
| L'AIR LIQUIDE ADR OTC | 56,004 | 59,860 |
| LCI INDUSTRIES | 32,064 | 41,887 |
| LEIDOS HOLDINGS INC | 14,999 | 15,873 |
| LENNOX INTL INC | 80,985 | 91,506 |
| LIFE HEALTHCARE GR UNSPON ADR | 41,189 | 30,168 |
| LINCOLN ELECTRIC HOLDING INC | 23,501 | 28,133 |
| LINDE PLC COM | 27,416 | 40,844 |
| LITTELFUSE, INC | 23,484 | 36,926 |
| LOGITECH INTERNATIONAL | 13,360 | 30,323 |
| LONDON STK EXCHANGE GROUP | 36,730 | 41,857 |
| LONZA GROUP AG UNSP/ADR | 25,951 | 45,817 |
| LOWES COMPANIES INC | 19,966 | 35,152 |
| LVMH MOET HENN UNSP | 27,384 | 40,163 |
| MAKITA CORP | 43,261 | 62,510 |
| MANTECH INTERNATIONAL CORP | 6,234 | 8,005 |
| MEDICAL PROPERTIES TRUST, INC | 20,099 | 21,441 |
| MEDTRONIC PLC | 95,205 | 141,271 |
| MERCK & CO INC | 39,403 | 53,088 |
| MERCK KGAA SPON ADR EACH REPR | 42,751 | 50,111 |
| MICROSOFT CORP | 45,978 | 129,893 |
| MKS INSTRUMENTS, INC | 33,316 | 46,640 |
| MOBILE TELSYS OJSC | 35,710 | 32,489 |
| MONDELEZ INTERNATIONAL INC | 57,268 | 60,926 |
| MONDI PLC ADR | 30,124 | 30,525 |
| MONOLITHIC POWER SYSTEMS, INC | 2,318 | 10,254 |
| MONSTER BEVERAGE CORP | 43,166 | 83,694 |
| MORGAN STANLEY | 37,869 | 66,748 |
| MSA SAFETY INCORPORATED | 27,549 | 32,268 |
| MSCI INC | 94,668 | 163,877 |
| NATL HEALTH INVESTOR | 16,038 | 13,765 |
| NEDBANK GROUP LTD S/ADR | 42,401 | 32,583 |
| NESTLE S.A | 72,966 | 83,167 |
| NEW ORIENTAL ED & TECHNOLOGY G | 19,220 | 39,206 |
| NEXON COMPANY | 33,405 | 50,917 |
| NEXTERA ENERGY, INC | 30,646 | 79,927 |
| NIDEC CORPORATION ADR | 13,429 | 31,985 |
| NINTENDO CO LTD ADR UNSPON | 55,971 | 92,034 |
| NORDEA BANK ABP | 7,164 | 42,620 |
| NORDSON CP | 116,244 | 142,675 |
| NOVARTIS AG ADR | 209,633 | 258,549 |
| NOVO NORDISK A S | 50,172 | 62,027 |
| NVENT ELECTRIC PLC | 26,988 | 26,364 |
| NVIDIA CORP | 29,477 | 109,140 |
| OIL CO LUKOIL PJSC SPON ADR RE | 80,555 | 65,831 |
| OLYMPUS CORP S/ADR | 72,704 | 74,922 |
| ONE GAS INC | 5,429 | 4,683 |
| OPEN TEXT CORP | 42,663 | 44,233 |
| ORACLE CORP | 65,278 | 90,695 |
| PACKAGING CORP AMER | 22,455 | 29,513 |
| PAPA JOHNS INTL INC | 6,702 | 6,958 |
| PERNOD-RECARD SA | 81,738 | 88,780 |
| PFIZER INC | 47,034 | 51,055 |
| PHIBRO ANIMAL HEALTH CORP | 7,694 | 6,040 |
| PHILIP MORRIS INTL | 144,489 | 137,017 |
| PIMCO ENHANCED SHORT MATURITY | 2,731,906 | 2,744,265 |
| PIMCO INCOME FUND P CLASS | 5,725,631 | 5,773,237 |
| PING AN INSURANCE GROUP ADR | 51,944 | 59,339 |
| POOL CORP | 77,189 | 135,218 |
| PORTLAND GEN ELEC | 8,017 | 6,244 |
| PROSUS NV ADR | 45,446 | 64,701 |
| PRUDENTIAL PLC SC | 56,455 | 54,841 |
| PT ASTRA INTL ADR | 44,415 | 38,385 |
| PT BK MANDIR PRS UNSP/ADR | 69,264 | 57,984 |
| PT TELEKOM. IND. TBK ADR | 52,173 | 46,617 |
| QUALCOMM INC | 27,747 | 66,420 |
| RAYMOND JAMES FINANCIAL INC | 14,464 | 21,717 |
| RAYTHEON TECHNOLOGIES CORP | 43,836 | 42,405 |
| REGENERON PHARMACEUTICALS INC | 39,148 | 59,423 |
| RELIANCE INDS 144A G | 58,798 | 83,904 |
| RELX PLC | 101,234 | 103,054 |
| ROCHE HOLDING LTD ADR | 126,252 | 137,921 |
| ROLLINS INC | 40,965 | 72,905 |
| RPM INTERNATIONAL INC | 18,349 | 22,150 |
| RYANAIR HOLDINGS PLC-ADR COM | 47,606 | 60,599 |
| RYOHIN KEIKAKU | 50,394 | 44,214 |
| SAFRAN SA - UNSPON ADR | 104,160 | 94,714 |
| SALESFORCE.COM | 60,557 | 88,789 |
| SAMPO PLC UNSPONSORED ADR | 57,378 | 56,564 |
| SANDS CHINA LTD UNSP ADR | 64,159 | 68,586 |
| SANDVIK AB SPONS ADR | 126,133 | 154,401 |
| SANLAM LTD SPONSORED ADR (SOUT | 29,778 | 22,140 |
| SANOFI-AVENTIS SPONSORED ADR | 139,055 | 134,303 |
| SBERBANK SPONSORED ADR | 64,453 | 69,441 |
| SCHLUMBERGER LTD | 66,281 | 25,607 |
| SCHNEIDER ELEC UNSP/ADR | 55,910 | 79,873 |
| SCOTTS CO. CLASS A | 111,664 | 209,694 |
| SEI INVESTMENTS | 31,165 | 35,746 |
| SERVISFIRST BANCSHARES INC | 21,965 | 26,027 |
| SHIMANO INC UNSP ADR EACH REPR | 39,745 | 54,307 |
| SHIN-ETSU CHEMICAL C | 44,196 | 70,984 |
| SHINHAN FINL GROUP CO LTD | 48,666 | 40,741 |
| SHOPRITE HOLDINGS LTD | 14,514 | 15,022 |
| SIEMENS AG | 49,293 | 62,744 |
| SINOPHARM GROUP CO | 52,290 | 42,853 |
| SITEONE LANDSCAPE SUPPLY INC | 83,762 | 146,574 |
| SMC CORPORATION | 27,340 | 40,725 |
| SNAP ON INC | 24,131 | 24,986 |
| SONY CORP ADR | 60,092 | 82,194 |
| SPIRE INC | 10,331 | 8,389 |
| STANDARD BANK GROUP SPON ADR | 34,044 | 26,179 |
| STARBUCKS CORP COM | 36,413 | 59,802 |
| STERIS PLC | 29,949 | 36,581 |
| STORE CAPITAL CORPORATION | 20,488 | 29,936 |
| SUMITOMO MITSUI FINCL GRP | 60,501 | 50,458 |
| SUNCOR ENERGY INC | 63,033 | 33,526 |
| SUZUKI MOTOR CORP UNSP ADR | 34,592 | 38,680 |
| TAIWAN SEMICONDUCTOR MFG CO LT | 87,764 | 214,591 |
| TARGA RESOURCES CORP | 24,993 | 16,065 |
| TARGET CORPORATION | 24,184 | 52,253 |
| TELEFLEX INC | 12,675 | 13,993 |
| TELENOR ASA | 51,686 | 49,096 |
| TENCENT HOLDINGS LIMITED | 65,713 | 88,281 |
| TERADYNE INC | 105,322 | 185,230 |
| TERNIUM S.A. ADS | 17,935 | 25,445 |
| TERRENO RLTY CORPCOM | 10,538 | 12,521 |
| TESCO PLC S ADR | 74,017 | 73,444 |
| THOR INDS INC | 85,055 | 106,660 |
| TIMKEN CO COM | 13,230 | 20,887 |
| TRAVELERS COMPANIES INC | 28,915 | 33,548 |
| TRUIST FINANCIAL CORPORATION | 60,414 | 51,621 |
| UNILEVER N V N Y | 50,277 | 53,238 |
| UNILEVER PLC AMER | 132,567 | 138,888 |
| UNITED OVRSEAS BK LTD ADR | 31,976 | 28,088 |
| UNITED PARCEL SERVICE | 33,161 | 34,859 |
| USD CYRUSONE INC | 31,968 | 35,770 |
| VESTAS WIND SYS UNSP/ADR | 29,917 | 72,754 |
| VINCI SA ADR | 41,405 | 37,081 |
| VISA INC | 65,002 | 135,175 |
| VIVENDI SA | 65,982 | 73,637 |
| VODACOM GROUP LIMITE | 19,894 | 20,186 |
| VOLKSWAGEN AG ADR | 89,512 | 84,907 |
| WAL-MART DE MEX V SP/ADR | 93,600 | 100,150 |
| WALGREENS BOOTS ALLIANCE | 43,677 | 29,950 |
| WALT DISNEY HOLDINGS CO | 58,602 | 83,886 |
| WASHINGTON TRUST BANCORP INC | 17,252 | 14,515 |
| WEICHAI POWER CO LTD | 67,560 | 63,662 |
| WELLTOWER INC. | 62,064 | 47,043 |
| WILEY JOHN & SONS INC CL A | 9,885 | 9,360 |
| WOLTERS KLUWER S/ADR | 116,677 | 132,877 |
| WORKDAY INC | 18,811 | 34,025 |
| YUM BRANDS INC | 18,565 | 31,808 |
| YUM CHINA HOLDINGS INC | 75,205 | 92,885 |
| Z HOLDINGS CORP | 22,732 | 27,306 |
| ZEBRA TECHNOLOGIES CORP | 93,890 | 150,273 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AG ENERGY CREDIT OPP OFF HLDG | 460,810 | 430,284 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 108,725 | 108,725 | ||
| Bank Charges | 10,370 | 10,370 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| K-1 Inc/Loss AG ENERGY CREDIT OPP OFFSHORE IV ADV | 54,984 | 54,984 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 200,123 | 200,123 | ||
| Website Development | 30,100 | 30,100 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2020 | 16,500 | |||
| 990-PF Extension for 2019 | 147,671 | |||
| Foreign Tax Paid | 31,356 | 31,356 |