| 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 |
|---|---|---|
| ELECTRONIC ARTS INC NOTE - 4.8 | 2,230 | 2,229 |
| FIRST REP BK SANFRANCISCO CAL | 1,575 | 1,638 |
| JP MORGAN CHASE - 4.600% - 12/ | 2,716 | 3,079 |
| JP MORGAN CHASE - 5.300% - 12/ | 3,112 | 3,000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABS | 12,173 | 20,970 |
| ACCENTURE PLC | 4,862 | 16,997 |
| ADOBE SYSTEMS, INC | 4,422 | 20,981 |
| AFFIL MANAGERS GR PFD STOCK - | 1,473 | 1,592 |
| AFFILIATED MANAGERS GROUP INC | 777 | 816 |
| AGNC INV CORP 6.125% SER F | 1,681 | 1,718 |
| AGNC INVESTMENT CORP CUML 6.87 | 832 | 850 |
| AGNC INVESTMENT PFD SER C | 1,637 | 1,671 |
| AGNC INVT CORP 6.500% PFD | 834 | 847 |
| AIR LEASE CORP - PFD CLASS A | 2,176 | 2,440 |
| AIRBNB | 9,764 | 10,988 |
| ALGONQUIN POWER & UTIL CORP - | 2,290 | 2,341 |
| ALGONQUIN PWR &UTILITY PFD - 0 | 2,972 | 3,128 |
| ALIGN TECHNOLOGY, INC | 2,316 | 7,229 |
| ALLSTATE CORP | 4,667 | 5,294 |
| ALLSTATE CORP SUB DE FIXED TO | 2,223 | 2,350 |
| ALLSTATE PFD SER H | 1,386 | 1,492 |
| ALPHABET INC CL A | 2,988 | 11,588 |
| ALPHABET INC CL C | 8,697 | 31,829 |
| AMAZON COM | 39,699 | 40,012 |
| AMERICAN EQUITY INVT LIFE HLDG | 3,052 | 3,273 |
| AMERICAN EQUITY INVT LIFE PFE | 3,577 | 4,014 |
| AMERICAN FINANCIAL GROUP 5.625 | 689 | 788 |
| AMERICAN FUNDS STRATEGIC BOND | 10,185 | 9,703 |
| AMERICAN HOMES 4 R | 724 | 784 |
| AMERICAN HOMES 4 RENT PREFFERE | 781 | 789 |
| ANNALY CAPITAL MANAGEMENT INC | 1,649 | 1,688 |
| ANNALY CAPITAL MANAGEMENT PFD | 3,252 | 3,474 |
| ARCH CAPITAL GROUP 4.55% SER-G | 776 | 802 |
| ASPEN INSURANCE HOLDINGS LIMIT | 8,720 | 9,486 |
| ASPEN INSURANCE HOLDINGS PREF | 1,510 | 1,549 |
| ASPEN INSURANCE PERP | 611 | 785 |
| ASSURANT 5.25% SUBORDINATED NO | 3,093 | 3,236 |
| AT&T DEPO SHA REP 1000 PREFERR | 2,237 | 2,416 |
| ATHENE HLDG DS LTD PFD SER A | 2,029 | 2,391 |
| ATHENE HLDG LTD 5.625% PFD SER | 2,272 | 2,431 |
| ATHENE HOLDING 1000 DEPOSITARY | 2,636 | 2,909 |
| ATLANTIC UN BANKSHARES 6.875% | 980 | 1,092 |
| AUTODESK, INC | 8,294 | 12,654 |
| AVALONBAY CMNTYS INC | 5,569 | 8,841 |
| AXIS CAPITAL HLDGS LTD NON-CUM | 2,901 | 3,211 |
| BAC CAPITAL TR X - 6.250% - 03 | 1,504 | 1,594 |
| BANK OF AMERICA CORP - 7.250% | 7,022 | 7,227 |
| BANK OF AMERICA CORP 4.375% PF | 3,128 | 3,198 |
| BANK OF AMERICA CORP PFD | 1,526 | 1,553 |
| BANK OF AMERICA CORPORATION DE | 1,508 | 1,595 |
| BERKLEY W R CORP - 5.100% - 12 | 757 | 790 |
| BERKSHIRE HATHAWAY INC. CLASS | 3,578 | 5,980 |
| BROOKFIELD - 4.635% - 10/16/20 | 1,478 | 1,484 |
| BROOKFIELD BRP HOLDINGS 4625% | 1,565 | 1,543 |
| BROOKFIELD FINANCE I 450% PERP | 1,525 | 1,499 |
| BROOKFIELD INFRA FINULC - 5.00 | 1,546 | 1,559 |
| CAPITAL ONE FINCL CORP 5.000% | 2,991 | 3,237 |
| CAPITAL ONE FINL DS REPRESENTI | 766 | 781 |
| CARLYLE FIN LLC NT CAL 61 - 4. | 1,551 | 1,594 |
| CHS INC - PFD CLASS B | 4,431 | 4,756 |
| CHS INC PFD - 6.750% - 12/31/2 | 3,589 | 3,939 |
| CHS INC PFD 7.10% CL B | 7,453 | 7,914 |
| CHS INC PFD CL B | 719 | 711 |
| CHURCH & DWIGHT | 2,535 | 3,075 |
| CISCO SYSTEMS INC | 4,485 | 7,161 |
| CITIGROUP CAPITAL XIII - 7.875 | 3,676 | 3,906 |
| CITIGROUP INC PFD SER D - 6.87 | 7,602 | 7,905 |
| CITIGROUP INC PFD SER J - 7.12 | 4,664 | 4,706 |
| CITIZENS FINANCIAL GROUP INC P | 2,543 | 2,729 |
| CITRIX SYSTEMS INC | 2,990 | 1,892 |
| CMS ENERGY CORP 5.875 NTS 79 5 | 1,355 | 1,453 |
| CMS ENERGY CORPORATION PFD - 5 | 671 | 722 |
| COMMERCE BOND INSTITUTIONAL FU | 16,422 | 16,667 |
| DANAHER CORP | 2,947 | 7,896 |
| DIAGEO PLC ADS | 2,468 | 4,623 |
| DIGITAL REALTY PFD SER L | 1,376 | 1,473 |
| DIGITAL RLTY RED PREF SHS SERI | 1,330 | 1,459 |
| DOCUSIGN INC | 2,197 | 2,132 |
| DOLLAR GENERAL CORP | 1,614 | 2,594 |
| DTE ENERGY CO CAL DEB 81 PFD - | 795 | 838 |
| DTE ENERGY PFD SHARES - 5.25% | 806 | 801 |
| DUKE ENERGY CO | 4,816 | 6,084 |
| ECOLAB INC | 2,683 | 4,926 |
| ENBRIDGE INC PFD 6.375% | 4,415 | 4,785 |
| ENSTAR GROUP LTD 7.00% SER D | 2,794 | 3,252 |
| EQUITABLE HOLDINGS INC PFD SER | 1,496 | 1,590 |
| FIFTH THIRD BANCORP PFD SER A | 741 | 760 |
| FIRST HORIZON NATIONAL CORPORA | 707 | 753 |
| FIRST HORIZON NATL PFE SER E | 688 | 773 |
| FIRST REP BK CA 4.000% PREFERR | 1,601 | 1,568 |
| FIRST TRUST NASDAQ CYBERSECURI | 5,912 | 9,291 |
| FISERV INC | 3,584 | 3,944 |
| FITB - 6.625% - PFD SER 1 | 3,650 | 3,814 |
| FNB CORP 7.25% PFD | 3,354 | 3,528 |
| FT NYSE ARCA BIOTECH INDEX FUN | 2,653 | 3,077 |
| GARTNER INC | 3,786 | 11,367 |
| GILEAD SCIENCES INC | 2,911 | 2,904 |
| GLOBAL NET LEASE CUM RED PRF S | 444 | 481 |
| GOLDMAN SACHS GP PFD - 6.375% | 4,387 | 4,789 |
| GOLDMAN SACHS GROUP PFD SER J | 5,271 | 5,581 |
| HONEYWELL INTL | 2,743 | 3,336 |
| HUDSON PAC PPTYS INC COM CUML | 1,596 | 1,670 |
| HUNTINGTON BANCSHARES SER C 5. | 753 | 789 |
| HUNTINGTON BANCSHARES, SERIES | 723 | 762 |
| ILLUMINA INC COM | 5,497 | 6,848 |
| IMGP DOLAN MCENIRY CORPORATE B | 19,561 | 19,470 |
| INGREDION INC | 2,225 | 2,609 |
| INTUITIVE SURGICAL | 10,242 | 8,623 |
| INVESCO DYNAMIC PHARMACEUTICAL | 3,586 | 4,868 |
| INVESCO DYNAMIC SEMICONDUCTORS | 3,149 | 8,904 |
| INVESCO NASDAQ INTERNET ETF | 3,940 | 6,034 |
| INVESCO S&P GLOBAL WATER INDEX | 2,923 | 4,729 |
| ISHARES MSCI USA MIN VOLATILIT | 46,221 | 71,921 |
| ISHARES MSCI USA MOMENTUM FACT | 29,109 | 44,546 |
| ISHARES MSCI USA QUALITY FACTO | 41,602 | 65,649 |
| JOHNSON & JOHNSON | 4,239 | 5,132 |
| JP MORGAN CHASE & CO PFD SER D | 325 | 349 |
| JPMORGAN CHASE & CO 4.550% PFD | 774 | 809 |
| JPMORGAN CHASE & CO 6.00% PFD | 677 | 736 |
| JPMORGAN CHASE 4.625% PFD SER | 3,086 | 3,212 |
| JPMORGAN MORTGAGE BACKED SECUR | 7,122 | 6,941 |
| KEYCORP 6.125% DEP PFD SERIES | 2,018 | 2,298 |
| KKR GROUP FIN. CO IX LLC 4.625 | 775 | 811 |
| LABORATORY CORP AMER HLDGS | 1,966 | 3,142 |
| LOCKHEED MARTIN CORP | 3,666 | 3,554 |
| MAINSTAY TAX FREE BOND FUND CL | 18,034 | 18,064 |
| MARSH AND MCLENNAN COMPANIES I | 4,110 | 6,953 |
| MASTERCARD INC | 10,606 | 19,044 |
| MCDONALD'S CORP | 3,180 | 5,629 |
| META PLATFORMS INC | 10,094 | 23,208 |
| MICROSOFT CORP | 7,460 | 29,260 |
| MORGAN STANLEY - 6.375% PFD CL | 5,873 | 6,373 |
| MORGAN STANLEY PFD K | 761 | 815 |
| MORGAN STANLEY PFD SER E - 7.1 | 1,537 | 1,576 |
| MORGAN STANLEY PFD SER F - 6.8 | 6,902 | 7,177 |
| MSCI INC | 2,255 | 6,127 |
| MUZINICH CREDIT OPPORTUNITIES | 12,576 | 11,788 |
| NETFLIX INC | 9,206 | 10,241 |
| NEW YORK CMNTY BANCORP CUML SE | 5,433 | 5,901 |
| NIKE INC-CL B | 2,767 | 8,334 |
| NISOURCE INC. PFD. SERIES B | 2,235 | 2,341 |
| NORFOLK SOUTHERN CORP | 1,534 | 5,359 |
| ORACLE CORP | 3,479 | 5,407 |
| PAYCHEX | 2,088 | 3,822 |
| PAYPAL HOLDINGS, INC | 4,104 | 8,486 |
| PEOPLES UNITED FINANCIAL INC | 5,568 | 6,294 |
| PINNACLE FINL PRTNRS PFD B 6.7 | 2,025 | 2,285 |
| PNC FINANCIAL SERVICES PFD SER | 6,978 | 6,847 |
| POLEN GROWTH FUND INSTITUTIONA | 28,444 | 54,216 |
| PRUDENTIAL FINL INC PFD DUE 09 | 1,470 | 1,510 |
| PRUDENTIAL HIGH YIELD FUND, IN | 12,370 | 12,574 |
| PS BUSINESS PKS PFD SER Z | 757 | 812 |
| PUBLIC STORAGE PFE SERIES L | 703 | 750 |
| PUBLIC STORAGE, 4.00% SER P | 2,372 | 2,384 |
| QWEST CORP SR NOTES 6.500% - 0 | 737 | 736 |
| REGENERON PHARMACEUTICALS INC | 2,946 | 3,158 |
| REGIONS FINANCIAL CORP NEW MON | 2,087 | 2,371 |
| REINSURANCE GROUP OF AMERICA I | 7,526 | 8,884 |
| REINSURANCE GRP OF AMER 6.20% | 3,338 | 3,311 |
| REPUBLIC SVCS INC | 3,111 | 5,020 |
| ROBO GLOBAL ROBOTICS AND AUTOM | 3,115 | 5,609 |
| SALESFORCE.COM | 12,547 | 17,789 |
| SCE TRUST IV NEW MONEY PFD SER | 714 | 802 |
| SCE TRUST IV PFD K | 3,522 | 3,996 |
| SCE TRUST VI PFD 5.00% | 757 | 832 |
| SCHWAB CHARLES NEW 40 DS REPST | 776 | 809 |
| SELECT SECTOR SPDR UTILITIES | 4,259 | 5,011 |
| SERVICE NOW | 6,443 | 14,280 |
| SIGNATURE BANK ADR | 2,273 | 2,382 |
| SOUTH JERSEY INDS INC CAL NT 2 | 732 | 765 |
| SOUTHERN CO CAL - 0.000% - 10/ | 2,328 | 2,418 |
| SPDR S&P 500 ETF TRUST | 15,927 | 31,347 |
| SPDR S&P AEROSPACE AND DEFENSE | 16,839 | 19,334 |
| SPDR WELLS FARGO PREFERRED STO | 14,153 | 14,117 |
| STARBUCKS CORP COM | 5,165 | 9,825 |
| STATE STREET 5.35% - CLASS B | 4,832 | 5,522 |
| STATE STREET CORP NEW MONEY PF | 2,019 | 2,185 |
| STRYKER CORPORATION | 3,362 | 4,279 |
| T-MOBILE US INC | 2,638 | 2,900 |
| TCW GALILEO TOTAL RETURN BOND | 12,984 | 12,503 |
| THE COCA-COLA CO | 4,751 | 5,980 |
| THE SOUTHERN COMPANY | 1,416 | 1,518 |
| TRUIST FIN PFD SER R | 2,280 | 2,393 |
| TRUIST FINANCIAL CORP PFD SER | 1,429 | 1,583 |
| UNITED STATES CELLULAR CORPORA | 755 | 792 |
| UNITEDHEALTH GROUP INC | 8,327 | 13,056 |
| US BANCORP PFD STK - 6.500% | 761 | 725 |
| US CELLULAR CORP 5.500% PFD DU | 772 | 813 |
| US CELLULAR CORP 6.250% PFD DU | 729 | 786 |
| VALLEY NATIONAL BANCORP SER A | 2,157 | 2,686 |
| VALLEY NATIONAL BANCORP SER B | 730 | 713 |
| VANGUARD FIN ETF | 4,523 | 6,374 |
| VERTEX PHARMCTLS INC | 3,015 | 2,416 |
| VIRTUS KAR MID CAP CORE FUND I | 9,381 | 14,926 |
| VIRTUS KAR SMALL CAP VALUE FUN | 9,626 | 14,961 |
| VISA INC | 9,158 | 20,804 |
| VORNADO RLTY TRUST 5.250% PFD | 750 | 795 |
| WALT DISNEY HOLDINGS CO | 1,531 | 2,323 |
| WASATCH EMERGING INDIA FUND | 6,586 | 10,644 |
| WASHINGTON FED DRC | 760 | 786 |
| WCM FOCUSED INTL GROWTH FUNDS | 14,494 | 22,133 |
| WELLS FARGO & CO 4.700% PFD SE | 1,476 | 1,522 |
| WELLS FARGO & CO. PRFD 'L' | 5,355 | 5,962 |
| WELLS FARGO & COM 4.25 SER-DD | 2,376 | 2,367 |
| WELLS FARGO ADVT STRATEGIC MUN | 16,447 | 16,675 |
| WELLS FARGO COMPANY PREFERRED | 1,461 | 1,526 |
| WELLS FARGO PFD NON-CUM - 5.85 | 6,104 | 6,349 |
| WELLS FARGO PFD SER R - 6.625% | 2,285 | 2,366 |
| WESBANCO DS REPRESENTING 1/40T | 446 | 493 |
| WESCO INTL INC PFD SER A | 2,286 | 2,421 |
| WESTERN ALLIANCE BANCORPORATIO | 1,607 | 1,651 |
| WINTRUST FIN CORP - 6.500% - P | 2,870 | 3,041 |
| WINTRUST FINL 1 DS REPSTG 1000 | 2,107 | 2,294 |
| YUM BRANDS INC | 1,756 | 3,055 |
| ZIONS BANCORPORATION 6.3% SRS | 3,082 | 3,161 |
| ZOETIS INC | 5,326 | 16,594 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 9,387 | 9,387 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 13,638 | 13,638 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2021 | 700 | |||
| 990-PF Extension for 2020 | 100 |