| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 4,750 | 4,750 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| APPLE INC | 907,344 | 3,906,540 |
| ARGO GROUP INTL HLDGS | 125,000 | 133,350 |
| AT&T INC | 12,500 | 13,130 |
| BANK OF NY MELLON CORP | 1,105,130 | 1,097,250 |
| BNP PARIBAS SPX 100% | 750,000 | 729,075 |
| BNP PARIBAS SPX 80% | 750,000 | 740,100 |
| BNP PARIBAS XLF 51% | 600,000 | 759,600 |
| BNP PARIBAS XLF 52.3% | 300,000 | 378,630 |
| BNP PARIBAS XLF 78.5% | 300,000 | 355,440 |
| BNP PARIBAS XLF 34.2% | 500,000 | 544,250 |
| BNP PARIBAS XLF 36% | 500,000 | 556,450 |
| BNP PARIBAS XLF 65.5% | 1,100,000 | 1,199,220 |
| BNP PARIBAS XLF 58% | 1,100,000 | 1,243,660 |
| BNP PARIBAS XLF 67.1% | 1,100,000 | 1,173,150 |
| BNP PARIBAS XLF 64.4% | 1,100,000 | 1,213,190 |
| BROOKFIELD FIN I UK PLC | 370,500 | 364,127 |
| CAPITAL ONE FINANCIAL | 75,000 | 77,130 |
| JPMORGAN CHASE & CO | 50,000 | 52,680 |
| JPM CBEN S5AERO 4/28/22 (JPMORGAN CHASE FLNL CO) | 300,000 | 335,940 |
| AMERICAN INTL GROUP INC | 25,000 | 27,090 |
| FIFTH THIRD BANCORP | 1,189,211 | 1,210,437 |
| BARCLAYS BANK PLC CPN 3.4 | 400,000 | 411,240 |
| BARCLAYS BANK PLC SR GLBL CPN 12.4 | 500,000 | 555,850 |
| CITIGROUP INC | 1,243,861 | 1,224,113 |
| BANK OF AMERICA PFD 5 | 82,500 | 87,714 |
| PRUDENTIAL FINANCIAL INC | 12,500 | 13,020 |
| ROYAL BANK OF CANADA | 1,100,000 | 1,165,340 |
| SG DD CBEN XLP US 6/28/22 81% (SOCIETE GENERALE) | 300,000 | 349,650 |
| TESLA INC | 1,922,617 | 5,812,290 |
| TORONTO DOMINION BANK | 1,500,000 | 1,831,200 |
| SOUTHERN CO | 22,500 | 24,408 |
| SOUTHERN CO (THE) | 107,500 | 111,800 |
| EQUITABLE HLDGS INC | 50,000 | 50,500 |
| SCHWAB CHARLES CORP NEW | 1,009,636 | 974,650 |
| APPLE INC -DONATED | 1,960,763 | 2,113,083 |
| TESLA INC-DONATED | 1,442,670 | 1,394,950 |
| COCA COLA -DONATED | 18,097 | 20,191 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 298,000 | 0 | 0 | |
| NJ ANNUAL FEES | 31 | 0 | 31 |