| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,900 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | PURCHASE | 171,907 | 139,317 | 32,590 | ||||||
| PUBLICLY TRADED SECURITIES | PURCHASE | 750,126 | 795,805 | -45,679 | ||||||
| PUBLICLY TRADED SECURITIES | PURCHASE | 37,845 | 38,484 | -639 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN TOWER CO 5.5% 28 | 50,510 | 50,769 |
| AMERIGAS PARTNERS 5.625% 24 | ||
| BANK OF AMERICA 3.95% 25 | 47,852 | 49,821 |
| CHARLES SCHWAB B 5.05% 25 | 50,000 | 50,081 |
| CMS ENERGY CORP | ||
| CONAGRA BRANDS 5.3% 26 | 49,224 | 50,442 |
| CROWN CASSTLE INC 5.0% 28 | 49,604 | 50,199 |
| EDISON INTERN 7.875% 54 | 51,010 | 51,181 |
| EVERSOURCE ENERGY 4.2% 24 | ||
| EVERSOURCE ENERGY 4.75% 26 | 48,777 | 49,951 |
| ILLUMINA IND 5.75% 27 | 50,089 | 51,199 |
| LABORATORY CORP 2.3% 24 | ||
| MORGAN STANLEY PR 4.9% 26 | 50,000 | 50,469 |
| NXP B.V. 4.875% 24 | ||
| SOUTHWEST GAS 5.45% 28 | 50,051 | 50,633 |
| TC ENERGY CORP 7.06% 26 | ||
| TRANSCANADA PIP 7.06% 25 | 50,653 | 50,662 |
| WEC ENERGY GROUP 4.75% 26 | 49,483 | 50,023 |
| WEC ENERGY GROUP 5.15% 27 | 50,091 | 50,511 |
| WELLS FARGO 7.625% 28 | 50,390 | 53,000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AES CORP | 50,790 | 38,610 |
| ALGONQUIN PWR & UTIL | 149,408 | 137,505 |
| ALTAGAS INCOME LTE | ||
| AMERICAN ELEC PWR CO | 47,328 | 55,338 |
| ARDAGH METAL PACKAGING | 34,767 | 27,692 |
| BARRICK GOLD | 70,070 | 69,750 |
| BCE INC | ||
| BOA 7.25% PFD | 37,685 | 37,797 |
| BRITISH RENEWABLE C | 37,146 | 36,320 |
| BROOKFIELD RENEWABLE C | 29,116 | 22,128 |
| CBRE GLOBAL REAL ESTATE | ||
| DOMINION ENERGY INC | 51,679 | 53,860 |
| EMERA INC | 34,614 | 28,035 |
| ENBRIDGE INC | 57,530 | 67,888 |
| ENEL-SOCIETA PER AZION | ||
| IMPERIAL BRANDS PLC | 38,079 | 38,460 |
| KAYNE ANDERSON ENERGY IN | ||
| KIMBELL RTY PARTNERS LP | 34,785 | 35,706 |
| KINDER MORGAN INC | 45,623 | 82,200 |
| MEDTRONIC PLC | ||
| NEWMONT CORP | ||
| NEXTERA ENERGY PARTN LP | 57,879 | 17,800 |
| NORTHWESTERN CORP | ||
| PEMBINA PIPELINE CORP | 56,660 | 59,120 |
| PFIZER INC | 45,220 | 39,795 |
| PLAINS GP HLDGS LP | 36,900 | 77,196 |
| RESTAURANT BRANDS | ||
| RLJ LODGING 7.8% PFD | 35,274 | 36,840 |
| RTX CORP | 36,901 | 46,288 |
| SOUTH BOW COP | 44,497 | 40,069 |
| SOUTHWEST GAS HOLDINGS I | ||
| TAIWAN SEMICONDUCTOR | 67,011 | 157,992 |
| VERIZON COMMUNICATION | ||
| WELLNESS CTR USA INC | 3,230 | 20 |
| WELLS FARGO BK 7.5% PFD | 30,233 | 29,858 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ALGONQUIN POWER 6.875% PFD | AT COST | 47,260 | 50,440 |
| ALPS ALERIAN MLP ETF | AT COST | 34,677 | 38,528 |
| COMPASS DIVE 7.875% PFD | AT COST | 37,035 | 36,360 |
| JANUS HENDERSON AAA CLO | AT COST | 50,760 | 50,710 |
| NUSTAR LOGISTICS 7.625% PFD | AT COST | 50,049 | 48,139 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CY EXCISE TAX REFUND | 1,200 | ||
| CY EXCISE TAX APPLIED TO NY | 1,221 |
| Description | Amount |
|---|---|
| BASIS ADJUSTMENT | 280 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADR & WIRE TRANSFER FEES | 466 | 466 |
| Description | Amount |
|---|---|
| PY CHECKS CASHED IN CY | 1,500 |
| ACCRUED INT C/F FROM 2023 | 1,194 |
| 2023 TAX REFUND | 1,145 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID - SCHWAB 3069 | 5,497 | 5,497 |