| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEE | 1,250 | 1,250 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 907818EY0 UNION PACIFIC CORP | 7,983 | 7,941 |
| 61746BEG7 MORGAN STANLEY | 7,749 | 7,230 |
| 035242AN6 ANHEUSER-BUSCH INBEV | 8,522 | 7,846 |
| 05526DBR5 BAT CAPITAL CORP | ||
| 46647PBT2 JPMORGAN CHASE & CO | 16,016 | 14,822 |
| 126650DJ6 CVS HEALTH CORP | 14,907 | 13,177 |
| 06406RAN7 BANK OF NY MELLON CO | 8,038 | 7,679 |
| 92343VGH1 VERIZON COMMUNICATIO | 16,150 | 14,487 |
| 95000U2S1 WELLS FARGO & COMPAN | 8,139 | 7,332 |
| 68389XCH6 ORACLE CORP | 14,660 | 15,081 |
| 10373QBU3 BP CAP MARKETS AMERI | 7,826 | 8,082 |
| 172967PA3 CITIGROUP INC | 8,338 | 8,575 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 46625H100 J P MORGAN CHASE & C | 6,510 | 9,866 |
| 026874784 AMERICAN INTERNATION | 3,388 | 8,198 |
| 17275R102 CISCO SYSTEMS INC | 6,600 | 7,275 |
| 174610105 CITIZENS FINANCIAL G | 10,931 | 10,008 |
| 256677105 DOLLAR GENERAL CORP | 13,554 | 9,657 |
| 26614N102 DUPONT DE NEMOURS IN | ||
| 363576109 ARTHUR J GALLAGHER & | 1,072 | 2,249 |
| 20825C104 CONOCOPHILLIPS | 4,104 | 6,500 |
| 37045V100 GENERAL MOTORS CO | 6,299 | 7,471 |
| 500472303 KONINKLIJKE PHILIPS | 5,667 | 4,526 |
| 55261F104 M&T BANK CORP | 5,788 | 5,346 |
| 718172109 PHILIP MORRIS INTERN | 8,675 | 9,596 |
| 759530108 RELX PLC | 5,785 | 9,518 |
| 808513105 CHARLES SCHWAB CORP/ | 1,494 | 1,445 |
| 949746101 WELLS FARGO & CO NEW | 10,302 | 13,043 |
| 969457100 WILLIAMS COS INC/THE | 10,343 | 12,156 |
| 02079K305 ALPHABET INC SHS | 2,450 | 6,426 |
| 046353108 ASTRAZENECA PLC SPON | 9,970 | 13,066 |
| 055622104 BP P L C SPONS ADR | 8,508 | 10,443 |
| 34959J108 FORTIVE CORP | 3,737 | 4,197 |
| 444859102 HUMANA INC | 5,071 | 5,494 |
| 50540R409 LABORATORY CORP AMER | 8,622 | 9,319 |
| 594918104 MICROSOFT CORP COM | 26,433 | 43,997 |
| 744573106 PUBLIC SERVICE ENTER | 2,161 | 2,385 |
| 92343V104 VERIZON COMMUNICATIO | 9,106 | 8,106 |
| 05523R107 BAE SYSTEMS PLC | 6,497 | 7,054 |
| 20030N101 COMCAST CORP | 12,620 | 12,322 |
| 21036P108 CONSTELLATION BRANDS | 1,319 | 1,934 |
| 256746108 DOLLAR TREE INC | 1,941 | 2,841 |
| 907818108 UNION PACIFIC CORP | 10,850 | 12,772 |
| 00287Y109 ABBVIE INC | 7,442 | 10,073 |
| 05722G100 BAKER HUGHES A GE CO | 5,609 | 7,109 |
| 172967424 CITIGROUP INC | 10,353 | 11,214 |
| 192446102 COGNIZANT TECHNOLOGY | 9,085 | 11,707 |
| 23304Y100 DBS GROUP HOLDINGS L | 3,281 | 4,860 |
| 91324P102 UNITEDHEALTH GROUP I | 10,610 | 13,688 |
| 036752103 ANTHEM INC | 6,125 | 8,960 |
| 126650100 CVS HEALTH CORP | 62 | 79 |
| 25243Q205 DIAGEO PLC SPON ADR | ||
| 35137L105 FOX CORP | 2,538 | 2,433 |
| 655844108 NORFOLK SOUTHERN COR | ||
| 874039100 TAIWAN SEMICONDUCTOR | 11,852 | 12,688 |
| 02079K107 ALPHABET INC SHS | 1,332 | 4,792 |
| 110448107 BRITISH AMERICAN TOB | 5,947 | 4,745 |
| 22052L104 DOWDUPONT INC | 2,015 | 3,546 |
| 260557103 DOW INC | ||
| 609207105 MONDELEZ INTERNATION | 13,315 | 14,051 |
| 670100205 NOVO NORDISK A/S ADR | 9,162 | 16,655 |
| 704326107 PAYCHEX INC | 8,386 | 9,171 |
| 775109200 ROGERS COMMUNICATION | 2,257 | 2,153 |
| 931142103 WAL MART STORES INC | ||
| G5960L103 MEDTRONIC PLC SHS | 22,768 | 19,112 |
| H01301128 ALCON SA ACT NOM | 52 | 78 |
| 166764100 CHEVRONTEXACO CORP | ||
| 651229106 NEWELL BRANDS INC | 3,244 | 1,397 |
| 80105N105 SANOFI-SYNTHELABO | 20,485 | 21,434 |
| 80687P106 SCHNEIDER ELEC SA | ||
| 87971M103 TELUS CORP | 8,302 | 8,094 |
| G96629103 WILLIS TOWERS WATSON | 3,373 | 3,618 |
| 02209S103 ALTRIA GROUP INC | ||
| 037833100 APPLE INC | 13,289 | 22,141 |
| 171779309 CIENA CORP | 1,907 | 1,980 |
| 756255204 RECKITT BENCKISER GR | ||
| 020002101 ALLSTATE CORP/THE | 1,780 | 2,520 |
| 68902V107 OTIS WORLDWIDE CORP | 10,133 | 12,436 |
| 45866F104 INTERCONTINENTAL EXC | 16,205 | 18,622 |
| 038222105 APPLIED MATERIALS IN | 1,700 | 4,214 |
| 743315103 PROGRESSIVE CORP/THE | 1,621 | 2,548 |
| 281020107 EDISON INTERNATIONAL | ||
| 759351604 REINSURANCE GROUP OF | 1,879 | 2,588 |
| 339041105 FLEETCOR TECHNOLOGIS | ||
| 75513E101 RAYTHEON TECHNOLOGIE | 4,510 | 5,048 |
| 30303M102 FACEBOOK INC | 3,171 | 6,371 |
| 778296103 ROSS STORES INC | 4,786 | 7,058 |
| 30161N101 EXELON CORP | 2,661 | 2,334 |
| 693506107 PPG INDUSTRIES INC | 1,804 | 1,944 |
| 754730109 RAYMOND JAMES FINANC | 1,958 | 3,234 |
| 98956P102 ZIMMER BIOMET HOLDIN | 4,280 | 3,894 |
| 12504L109 CBRE GROUP INC | ||
| 904767704 UNILEVER PLC AMER SH | 9,672 | 9,163 |
| 14040H105 CAPITAL ONE FINANCIA | ||
| G0750C108 AXALTA COATING SYSTE | 2,093 | 2,887 |
| 023135106 AMAZON COM INC | 9,723 | 12,003 |
| 29452E101 EQUITABLE HOLDINGS I | ||
| 525327102 LEIDOS HOLDINGS INC | 7,239 | 8,334 |
| 04621X108 ASSURANT INC | 4,369 | 5,560 |
| 084670702 BERKSHIRE HATHAWAYIN | 2,881 | 5,707 |
| 92826C839 VISA INC | 5,172 | 6,248 |
| 31620R303 FIDELITY NATIONAL FI | 5,513 | 7,398 |
| 125523100 CIGNA CORP | 3,232 | 4,492 |
| 025537101 AMERICAN ELECTRIC PO | 3,787 | 3,655 |
| 149123101 CATERPILLAR INC | 2,247 | 3,252 |
| 74435K204 PRUDENTIAL PLC ADR | 12,336 | 8,396 |
| 517834107 LAS VEGAS SANDS CORP | 2,276 | 2,018 |
| 48667L106 KDDI CORP | ||
| 00507V109 ACTIVISION BLIZZARD | ||
| 93114W107 WAL-MART DE MEXICO S | 5,981 | 7,262 |
| 26884L109 EQT CORP | ||
| 518439104 ESTEE LAUDER COS INC | ||
| 369604301 GENERAL ELEC CO REG | ||
| 268353109 EDP-ELECTRICIDADE DE | ||
| 032654105 ANALOG DEVICES INC | ||
| 87165B103 SYNCHRONY FINANCIAL | 4,496 | 4,163 |
| G3421J106 FERGUSON PLC | ||
| 521865204 LEAR CORP | 1,708 | 1,836 |
| 98156Q108 WORLD WRESTLING ENTE | ||
| 502441306 LVMH MOET HENNESSY L | 6,366 | 7,473 |
| 78467J100 SS&C TECHNOLOGIES HO | 8,085 | 7,761 |
| 492089107 KERING SA | ||
| 461202103 INTUIT INC | ||
| 297284200 ESSILOR INTL SA | 8,355 | 9,547 |
| 922475108 VEEVA SYS INC | 2,561 | 2,118 |
| 05352A100 AVANTOR INC | 3,995 | 2,625 |
| 69366X100 PT BANK RAKYAT ADR | 3,473 | 4,177 |
| 81211K100 SEALED AIR CORP | 6,944 | 5,113 |
| H84989104 TE CONNECTIVITY LTD | 5,269 | 5,620 |
| 31620M106 FIDELITY NATL INFO S | 9,278 | 6,127 |
| 502431109 L3HARRIS TECHNOLOGIE | 8,978 | 9,057 |
| 009126202 AIR LIQUIDE ADR | 5,859 | 8,024 |
| 54338V101 LONZA GROUP AG | ||
| 751212101 RALPH LAUREN CORP | 1,711 | 2,163 |
| G1151C101 ACCENTURE PLC SHS | 8,366 | 10,878 |
| 071813109 BAXTER INTERNATIONAL | 9,109 | 7,539 |
| 459506101 INTERNATIONAL FLAVOR | 2,111 | 2,186 |
| 070830104 BATH & BODY WORKS IN | ||
| 42809H107 HESS CORP | ||
| 500754106 KRAFT HEINZ CO/THE | 9,186 | 8,838 |
| 532457108 ELI LILLY & CO | ||
| 595112103 MICRON TECHNOLOGY | 7,868 | 10,155 |
| 816851109 SEMPRA ENERGY | 3,141 | 3,288 |
| 929089100 VOYA FINL INC SHS | 1,978 | 2,189 |
| 00206R102 AT&T INC | 2,525 | 2,249 |
| 61174X109 MONSTER BEVERAGE SHS | 1,944 | 2,535 |
| 31946M103 FIRST CITIZENS BANCS | 4,703 | 8,514 |
| 03769M106 APOLLO GLOBAL MANAGE | ||
| 911312106 UNITED PARCEL SERVIC | 9,399 | 7,704 |
| 989825104 ZURICH INSURANCE GRO | 7,053 | 7,790 |
| 26484T106 DUN AND BRADSTREET H | 1,476 | 1,381 |
| 455793109 INDUSTRIA DE DISENO | ||
| G6095L109 APTIV PLC SHS | 3,108 | 3,050 |
| 780259305 ROYAL DUTCH SHELL PL | 18,802 | 20,266 |
| 780641205 KONINKLIJKE KPN NV | 7,369 | 6,973 |
| 03073E105 AMERISOURCEBERGEN CO | 1,566 | 2,259 |
| 14149Y108 CARDINAL HEALTH INC | 4,351 | 6,350 |
| 29429L105 EPIROC AB | ||
| 007903107 ADVANCED MICRO DEVIC | 4,065 | 4,865 |
| 025816109 AMERICAN EXPRESS CO | 6,815 | 7,119 |
| 14316J108 CARLYLE (THE) GROUP | 1,887 | 2,360 |
| 14448C104 CARRIER GLOBAL CORP | 5,773 | 6,779 |
| 22822V101 CROWN CASTLE INTERNA | 1,721 | 2,073 |
| 34965K107 FORTREA HOLDINGS INC | 1,743 | 1,954 |
| 38141G104 GOLDMAN SACHS GROUP | 3,154 | 3,858 |
| 50212V100 LPL FINANCIAL HOLDIN | 2,363 | 2,504 |
| 573874104 MARVELL TECH INC | 2,448 | 3,317 |
| 641069406 NESTLE S A SPONSORED | 10,750 | 10,407 |
| 68389X105 ORACLE CORP | 9,017 | 8,118 |
| 69331C108 PG&E CORP | 2,725 | 2,885 |
| 760759100 REPUBLIC SERVICES IN | 6,895 | 7,751 |
| 830566105 SKECHERS U S A INC | 1,799 | 2,307 |
| 835699307 SONY CORP ADR AMERN | 8,077 | 8,617 |
| 867224107 SUNCOR ENERGY INC | 2,705 | 2,531 |
| 87256C101 TKO GROUP HOLDINGS I | 1,526 | 2,121 |
| 88033G407 TENET HEALTHCARE COR | 1,905 | 2,569 |
| 883556102 THERMO FISHER SCIENT | 979 | 1,062 |
| 989207105 ZEBRA TECHNOLOGIES C | 3,234 | 3,553 |
| G0176J109 ALLEGION PLC SHS | 7,916 | 8,868 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 09260B382 BLACKROCK STRATEGIC | AT COST | 102,346 | 96,290 |
| Description | Amount |
|---|---|
| TIMING DIFFERENCE | 104 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE FILING FEE | 250 | 0 | 250 | |
| OTHER EXPENSE (NON-DEDUCTIBLE | 211 | 211 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMNT MNGMNT FEES (NON-DED | 10,165 | 6,099 | 4,066 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 924 | 924 | 0 | |
| EXCISE TAX ESTIMATES | 778 | 0 | 0 |