| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal & professional services | 9,324 | 0 | 0 | 9,324 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| QVC Inc B/E | ||
| Dollar Tree Inc | 65,543 | 66,751 |
| Kraft Heinz Foods Co | ||
| Molson Coors Brewing Co | 64,025 | 66,235 |
| American Tower Corp | 64,709 | 67,396 |
| AECOM NTS | 77,600 | 79,230 |
| Willis North Amer Inc | 28,188 | 28,929 |
| Olin Corp B/E | 27,698 | 28,383 |
| Newell Brands Inc NTS | ||
| Teleflex inc NTS B/E | 78,528 | 80,432 |
| Transdigm Inc NTS B/E | 83,774 | 87,454 |
| Boyd Gaming Corp NTS B/E | 78,294 | 79,277 |
| United Rentals North AM | 76,400 | 77,858 |
| Silgan Hldgs Inc B/E | 85,819 | 88,760 |
| Expedia Inc B/E | 64,985 | 66,657 |
| Tegna Inc NTS B/E | ||
| Discovery Comm Inc NTS | 64,925 | 66,283 |
| Oracle Corp NTS B/E | 65,432 | 68,410 |
| Elanco Animal Health Inc | ||
| Treehouse Foods Inc NTS | ||
| HCA Inc NTS B/E | 64,087 | 64,847 |
| Broadcom Inc NTS B/E | 63,968 | 66,446 |
| WABTEC B/E | 64,400 | 65,360 |
| Tenet Healthcare Corp | 77,695 | 81,848 |
| Altria Group Inc NTS B/E | 22,621 | 22,868 |
| CDW LLC | 64,914 | 69,770 |
| SBA Communications Corp | 84,666 | 90,264 |
| AT&T Inc | 64,957 | 65,584 |
| Motorola Solutions Inc | 59,277 | 60,975 |
| SVC Corp Intl | 76,140 | 78,370 |
| L Brands Inc NTS | 12,773 | 13,397 |
| Olin Corp B/E | 36,499 | 36,946 |
| Willis North Amer Inc | 31,136 | 32,740 |
| Qorvo Inc NTS | 64,980 | 67,524 |
| Encompass Health Corp | 76,925 | 80,582 |
| Carlisle Cos Inc | 65,111 | 68,953 |
| Nordstrom Inc B/E | 37,605 | 41,765 |
| B A T Capital Corp | 64,510 | 67,189 |
| Altria Group Inc | 37,901 | 39,471 |
| Global Payments Inc | 61,411 | 63,213 |
| United Rentals North AM | 8,650 | 9,102 |
| Block Financial LLC | 65,007 | 70,117 |
| Quanta Services Inc | 61,570 | 66,094 |
| YUM Brands Inc | 77,747 | 82,218 |
| Vontier Corp | 65,634 | 71,306 |
| Nordstrom Inc | 42,210 | 48,975 |
| Apple Inc | 1,169,995 | 1,948,268 |
| Adobe Inc (Delaware) | 67,314 | 80,042 |
| Alcon Inc CHF | 58,233 | 62,903 |
| Ameriprise Financial Inc | 64,576 | 113,940 |
| Amgen Inc | 59,423 | 66,203 |
| Ansys Inc | 74,509 | 83,658 |
| Atmos Energy Corp | 63,532 | 76,181 |
| Autodesk Inc | ||
| Blackstone Inc CL A | 37,621 | 73,796 |
| Capital One Fincl Corp | 56,254 | 96,293 |
| Coca Cola Co Com | 61,086 | 61,886 |
| Commerce Bancshares | 26,110 | 36,202 |
| Constellation Brands Inc CL A | 51,185 | 47,294 |
| Corteva Inc | 88,971 | 91,250 |
| Coterra Energy Inc | 63,022 | 62,931 |
| Crown Castle Inc REIT | ||
| Cullen Frost Bankers Inc | 41,518 | 53,163 |
| Danaher Corp | 57,310 | 63,585 |
| Ecolab Inc | 51,734 | 71,936 |
| Equity Lifestyle Properties | 48,995 | 49,684 |
| Genl Dynamics Corp | 46,857 | 58,231 |
| Honeywell Intl Inc | 59,030 | 68,445 |
| Lennar Corp CL A | 67,794 | 85,095 |
| Lowes Companies Inc | 53,251 | 63,921 |
| Martin Marietta Materials Inc | 63,358 | 80,058 |
| Medtronic PLC | 46,945 | 42,896 |
| Merck & Co Inc Com | 67,093 | 59,091 |
| Michelin Compagnie Generale ADR | 49,410 | 53,300 |
| Microchip Technology Inc | 76,253 | 56,203 |
| Microsoft Corp | 87,171 | 112,962 |
| Mitsubishi UFJ Financial Group Inc Spon | 33,592 | 58,026 |
| Oshkosh Corp | 33,951 | 40,024 |
| Parker Hannifin Corp | 75,684 | 134,838 |
| PNC Financial Services Group | 42,318 | 66,148 |
| Procter & Gamble Co | 56,594 | 63,875 |
| Qualcomm Inc | 53,291 | 74,506 |
| RPM Intl Inc | 45,960 | 71,129 |
| Sony Group Corp Sponsored ADR | 68,834 | 78,080 |
| Sysco Corp | ||
| Teledyne Technologies Inc | 57,498 | 62,658 |
| US Bancorp Del (NEW) | 50,134 | 74,471 |
| Veralto Corp | ||
| Xcel Energy Inc | 60,968 | 62,794 |
| Xylem Inc | 60,822 | 65,899 |
| ACI Worldwide Inc | ||
| Ashland Inc | ||
| Axalta Coatings Sys Ltd | ||
| BGC Group Inc CL A | ||
| BWX Technologies Inc | ||
| Columbia Bkg Sys Inc | ||
| Consensus Cloud Solutions Inc | ||
| DT Midstream Inc | ||
| Enovis Corp | ||
| Equity Comwlth Reit | ||
| ESAB Corp | ||
| Euronet Worldwide Inc | ||
| First Merchants Corp Muncie | ||
| FMC Corp New | ||
| Gaming & Leisure PPTYS Inc | ||
| Globus Med Inc CL A | ||
| GXO Logistics Inc | ||
| Helen of Troy Ltd New | ||
| Kaman Corp Com | ||
| Kyndryl Holdings Inc | ||
| Lithia Motors Inc CL A | ||
| Livanova PLC GBP | ||
| Magnolia Oil & Gas Corp CL A | ||
| Middleby Corp Dela | ||
| Newmark Group Inc CL A | ||
| Nexstar Media Group Inc | ||
| Openlane Inc Com | ||
| Pacific Premier Bancorp Inc | ||
| Quidelortho Corp | ||
| RB Global Inc | ||
| Silgan Holdings Inc | ||
| Spectrum Brands Hldgs Inc | ||
| Starwood Ppty Tr Inc | ||
| Technipfmc Plc | ||
| Teledyne Technologies Inc | ||
| Teradata Corp New | ||
| US Foods Hldg Corp | ||
| Verint Systems Inc | ||
| Verra Mobility Corp Com | ||
| Victoria's Secret & Co | ||
| Wiley John & Sons Inc CL A | ||
| XPO Inc | ||
| Ziff Davis Inc | ||
| AGNC Invt Corp Reit | 34,867 | 35,274 |
| Amer Express Co | 18,322 | 35,021 |
| AT&T Inc | 65,965 | 93,129 |
| Barrick Gold Corp | 33,967 | 33,170 |
| Cisco Systems Inc | 29,884 | 36,112 |
| Coterra Energy Inc | 42,329 | 42,396 |
| Dollar Gen Corp New | 50,458 | 37,758 |
| Dollar Tree Inc | 68,879 | 50,884 |
| Expedia Group Inc | 22,744 | 43,788 |
| Fedex Corp | ||
| Fidelity Natl Information Svcs | ||
| Genl Dynamics Corp | 27,808 | 35,044 |
| Glaxo Wellcome PLC Spon ADR | 65,941 | 62,905 |
| Globe Life Inc | 43,117 | 47,954 |
| Hartford Fincl Services Grp Inc | 17,887 | 27,350 |
| Honda Motor Co ADR Japan ADR | 29,649 | 29,692 |
| Ingredion Inc Com | 37,027 | 47,871 |
| Johnson & Johnson Com | 30,519 | 26,610 |
| Jones Lang Lasalle Inc | 21,593 | 37,465 |
| Kenvue Inc | 67,379 | 74,447 |
| Medtronic PLC | 51,042 | 48,727 |
| Meta Platforms Inc CL A | ||
| Paypal Holdings Inc | 52,765 | 75,108 |
| PNC Financial Services Group | 30,735 | 48,213 |
| PPG Industries Inc | 48,110 | 43,241 |
| Sanofi Spon ADR | 56,127 | 51,606 |
| Schwab Charles Corp New | 38,711 | 52,547 |
| Shell PLC Spon ADR | 29,552 | 30,699 |
| Totalenergies SE Spon ADR | 58,996 | 51,775 |
| Travelers Cos Inc/THE | 34,065 | 45,769 |
| Truist FINL Corp | 30,132 | 41,645 |
| Unilever PLC Amer Shs New | 49,870 | 57,267 |
| United Parcel Service Inc CL B | 38,521 | 30,516 |
| US Bancorp Del New | 40,214 | 60,505 |
| Verizon Communications Inc | 73,018 | 80,780 |
| Wells Fargo & Co New | 43,518 | 73,401 |
| Williams Cos Inc | 14,940 | 27,601 |
| Allegion PLC | 126,256 | 145,578 |
| Ansys Inc | ||
| Aspen Inc | 138,362 | 185,225 |
| Bentley Systems Inc CL B | 244,098 | 226,121 |
| Berkley W R Corp | 165,552 | 208,097 |
| Bright Horizons Family Solutions Inc | 113,373 | 134,683 |
| Charles River Laboratories | 156,619 | 140,296 |
| Chemed Corp New | 127,979 | 120,794 |
| Choice Hotels Intl Inc New | 138,725 | 168,672 |
| Cooper Companies Inc New | 201,203 | 209,508 |
| Dolby Laboratories Inc CL A | ||
| Equifax Inc | 149,487 | 185,276 |
| Exponent Inc | 108,912 | 113,781 |
| Fair Isaac Corp | 55,544 | 97,556 |
| Henry Jack & Assoc Inc | 147,337 | 166,360 |
| Interactive Brokers Group Inc | 143,742 | 261,825 |
| Lennox Intl Inc | 197,581 | 296,729 |
| LPL Finl Hldgs Inc Com | 182,844 | 248,801 |
| Nordson Corp | 183,473 | 161,952 |
| Pool Corp | 201,186 | 198,427 |
| Rollins Inc | 149,232 | 167,741 |
| SAIA Inc | 122,264 | 147,657 |
| Scotts Miracle-Gro Co CL A | 96,875 | 100,107 |
| Siteone Landscape Supply Inc | 125,794 | 112,532 |
| Teledyne Technologies Inc | 126,547 | 148,522 |
| Teradyne Inc | 118,707 | 141,156 |
| Thor Industries Inc | 155,087 | 158,687 |
| Watsco Inc | 166,631 | 201,877 |
| Zebra Technologies Corp CL A | 145,736 | 210,490 |
| Zurn Elkay Water Solution Corp | 148,352 | 186,612 |
| Abbot Labs | 120,302 | 124,647 |
| Accenture PLC Ireland CL A | 90,345 | 108,703 |
| Adobe Inc | 122,521 | 121,398 |
| Airbnb Inc CL A | 83,430 | 99,872 |
| Align Technology Inc | ||
| Alphabet Inc CL C | 136,362 | 207,389 |
| Amazon.com Inc | 216,763 | 398,632 |
| Autodesk Inc | ||
| Gartner Inc | 31,414 | 45,540 |
| Lilly Eli & Co | 90,128 | 99,588 |
| Mastercard Inc CL A | 116,873 | 163,237 |
| Microsoft Corp | 198,266 | 241,941 |
| Netflix Inc | 63,980 | 150,633 |
| Nike Inc CL B | ||
| Novo Nordisk ADR Denmark ADR | 49,911 | 46,193 |
| Paypal Holdings Inc | ||
| Salesforce, Inc. | ||
| Servicenow Inc | 78,941 | 160,078 |
| Thermo Fisher Scientific Inc | 131,230 | 123,815 |
| Unitedhealth Group Inc | 53,452 | 55,645 |
| Visa Inc CL a | 139,245 | 185,515 |
| Workday Inc CL A | 80,770 | 93,407 |
| Zoetis Inc | 128,196 | 116,332 |
| Abbot Labs | 22,520 | 26,015 |
| AES Corp | 16,507 | 13,230 |
| AIA Group Ltd Spon ADR | 32,471 | 24,641 |
| Airbus SE Unsponsored ADR | 33,992 | 38,162 |
| Asahi Kaisei Corp Unpon ADR | ||
| Astrazeneca PLC Spon ADR | 27,595 | 24,373 |
| BAE Systems PLC Spon ADR | 15,118 | 17,777 |
| BP PLC Spon ADR | 54,015 | 42,832 |
| Bristol Myers Squibb Co | 25,591 | 24,717 |
| British Amer Tabacco PLC GB | 26,545 | 28,838 |
| Broadcom Inc | 60,577 | 132,381 |
| Broadridge Financial Solutions Inc | 33,614 | 47,253 |
| Carrier Global Corp | 43,236 | 45,598 |
| Centerpoint Energy Inc | 50,107 | 55,591 |
| CME Group Inc | 25,766 | 28,100 |
| CMS Energy Corp | ||
| Danone Spon ADR | 24,228 | 25,627 |
| DBS Group Hldgs Ltd Spon ADR | 21,119 | 31,882 |
| DNB BK ASA Spon ADR | ||
| Dollar Gen Corp New | ||
| Dow Inc | 11,638 | 8,949 |
| East West Bancorp Inc | 11,406 | 21,163 |
| Edison Intl | 19,655 | 23,154 |
| Engie Spon ADR | 34,258 | 36,410 |
| Enn Energy Holdings Ltd Spon ADR | ||
| Equinix Inc Reit | ||
| Equitrans Midstream Corp | ||
| Fedex Corp | 42,836 | 43,887 |
| Galaxy Entertainment Un | 23,064 | 16,519 |
| Genl Mills Inc | 20,443 | 15,241 |
| Grupo Aeroporturaio Del Pacifico | ||
| Hitachi Ltd ADR New Japan | 18,570 | 39,073 |
| Honeywell Intl Inc | ||
| Hong Kong Exchanges & Clearing Ltd | 14,675 | 14,224 |
| Iberdola SA Spon ADR | 36,182 | 40,748 |
| Imperial Brands PLC Spon ADR | 23,976 | 35,447 |
| Industria De Diseno Textil Ind ADR | 30,299 | 46,071 |
| Intesa Sanpaolo Spon ADR | ||
| JPMorgan Chase & Co | 19,545 | 34,039 |
| KB Finl Group Inc Spon ADR | 10,832 | 15,818 |
| Kering S A Un Sponsored ADR | 28,417 | 12,315 |
| KLA Corp | 20,806 | 30,876 |
| Lilly Eli & Co | 14,878 | 27,020 |
| London Stk Exchange | 21,386 | 25,911 |
| Longfor Group Holdings Ltd | 19,215 | 10,938 |
| LVMH Moet Hennessy Louis ADR | 32,411 | 25,615 |
| Merck & Co Inc Com | 25,038 | 21,886 |
| Morgan Stanley | 33,238 | 49,911 |
| Nesle S A Sponsored ADR | 23,540 | 15,360 |
| Nippon Teleg & Tel Corp Spon ADR | ||
| Norfolk STHN Corp | 19,117 | 20,888 |
| Northrop Grumman Corp | 31,355 | 32,381 |
| Paychex Inc | 28,235 | 34,073 |
| Philip Morris Intl Inc | 57,926 | 71,368 |
| Ping AN Insurance Co of China Ltd | 10,864 | 8,520 |
| Qualcomm Inc | ||
| Relx PLC Spon ADR | 22,809 | 33,157 |
| Royal KPN N.V. Spon ADR | 28,622 | 28,627 |
| RTX Corp | 54,639 | 64,225 |
| SAP SE Spon ADR | 38,776 | 63,276 |
| Schlumberger Ltd Netherlands Antilles | 17,882 | 14,109 |
| Singapore Telecom Ltd New 2006 | 18,615 | 22,260 |
| Starbucks Corp | 28,465 | 25,641 |
| Taiwan Semiconductor Mfg Co Ltd | 45,592 | 98,548 |
| TC Energy Corp CAD | 18,872 | 23,916 |
| Texas Instruments | ||
| Totalenergies SE Spon ADR | 47,235 | 41,148 |
| Tractor Supply Company | 14,794 | 18,306 |
| Trinity Industries Inc | 14,615 | 23,271 |
| Truist Finl Corp | 13,075 | 18,003 |
| Unicredit SPA Unsponsored ADR | 12,590 | 18,282 |
| Unitedhealth Group Inc | 60,482 | 60,703 |
| Untd Overseas Bk Ltd Spon ADR | ||
| Vale SA-SP Spon ADR | 28,557 | 18,671 |
| Vici Properties Inc Reit | 76,917 | 70,396 |
| Webster Financial Corp | 14,026 | 20,708 |
| WPP PLC New Spon ADR | 19,877 | 18,298 |
| YUM! Brands Inc | 18,034 | 18,380 |
| Zurich Ins Group Ltd Spon ADR | 17,226 | 21,377 |
| Vanguard Total World STK ETF | ||
| America Movil S A B DE C V | 42,727 | 29,278 |
| Anglo Amern PLC Spon ADR | ||
| Anhui Conch Cem Co Ltd ADR | 21,419 | 19,810 |
| ASE Technology Hldg Co Ltd | 34,723 | 47,410 |
| Asmpt Ltd ADR | 17,672 | 19,577 |
| Banco DO Brasil S A Spon ADR | 35,602 | 29,811 |
| BB Seguridade Participacoes Spon ADR | 37,399 | 34,944 |
| Bidvest Group Ltd New Spon ADR | 20,792 | 22,273 |
| China Contr Bk Corp ADR | 45,301 | 57,789 |
| China Merchants BK Co Ltd | 38,244 | 42,373 |
| China Shenhua Energy Co Ltd ADR | ||
| Commercial Intl Bank ADR | ||
| Engie Brasil Energia S A Spon ADR | 18,050 | 11,916 |
| GALP Energia SGPS SA ADR | ||
| Greek Organisation of Football ADR | 19,514 | 18,146 |
| Grupo Financiero Banorte Spon ADR | 29,007 | 22,502 |
| Hengan Intl Group Co Ltd ADR | 31,507 | 20,764 |
| Himax Technologies Inc ADR | 17,423 | 21,901 |
| Infosys Ltd Spon ADR | 16,848 | 23,345 |
| JD Com Inc CL A Spon ADR | 18,822 | 25,413 |
| Kasikornbank PC Unsponsored ADR | 17,418 | 19,446 |
| KB Finl Group Inc Spon ADR | 31,233 | 47,341 |
| Kimberly Clark de Mexico ADR | 32,176 | 23,580 |
| KT Corp Spon ADR | 19,299 | 25,220 |
| Lenovo Group Ltd Spon ADR | 38,321 | 50,625 |
| Life Healthcare Group Hldgs Lt | 29,136 | 24,618 |
| Mol Hungarian Oil & Gas PLC Spon ADR | 22,065 | 19,699 |
| Nedbank Group Ltd Spon ADR | 25,554 | 33,382 |
| P.T. Telekomunikasi Indonesia Spon ADR | 38,276 | 26,073 |
| Petroleo Brasileiro SA Spon ADR | 27,447 | 28,871 |
| Ping An Insurance Co of China Ltd | 35,375 | 32,126 |
| PT Astra Intl TBK ADR | 31,635 | 22,836 |
| PT BK Mandiri TBK ADR | 27,825 | 27,911 |
| PT UTD Tractors ADR | 19,203 | 20,737 |
| Sanlam Ltd Spon ADR | 21,629 | 31,233 |
| Shinham Financial Hldg Co Spon ADR | 24,673 | 29,822 |
| Sinopharm Group Co Un Sponsored AR | 35,666 | 32,514 |
| Sociedad Quimica I Minera Chile-ADR | 20,685 | 12,326 |
| Standard Bk Group Ltd Spon ADR | 21,233 | 29,601 |
| Taiwan Semiconductor Mfg Co Ltd ADR | 60,906 | 133,898 |
| Ternium SA ADS Spon ADR | 20,390 | 15,267 |
| Tingyi Cayman Island Holdings Corp ADR | 31,977 | 27,397 |
| Unilever PLC Amer Shs New Spn ADR | 35,249 | 39,236 |
| Vale SA-SP Spon ADR | 34,990 | 25,696 |
| Vibra Energia S A ADR | 19,959 | 16,079 |
| Vodacom Group Ltd Spon ADR | 22,394 | 19,591 |
| ABB Ltd Spon ADR | 31,894 | 43,344 |
| Advantest Corp ADR | ||
| AIA Group Ltd Spon ADR | 33,698 | 25,016 |
| Air Liquide ADR France ADR | 41,829 | 41,312 |
| Airbus SE Unsponsored ADR | ||
| Akzo Nobel NV Spon ADR | ||
| AON PLC CL A | 46,730 | 52,797 |
| Asics Corp Unsponsored ADR | 7,050 | 19,729 |
| ASM Intl NV EUR | 8,711 | 11,952 |
| ASML Hldg Nv Spon ADR | 41,585 | 39,506 |
| Bandai Namco Hldgs Inc ADR | ||
| BP PLC Spon ADR | ||
| Bureau Veritas SA Unsponsored ADR | 26,180 | 29,658 |
| Capgemini S E Unsponsored ADR | 36,284 | 29,896 |
| Carlsberg AS Spon ADR | ||
| Chubb Ltd CHF | 17,211 | 21,551 |
| Coca Cola Europacific Partners PLC Eur | ||
| Compagnie Financiere Richemont AG ADR | 35,735 | 34,337 |
| Compass Group PLC Spon ADR | 31,657 | 38,931 |
| Contl AG-Spon ADR ADR | 11,827 | 10,860 |
| Covestro AG Spon ADR | ||
| Daikin Inds Ltd ADR | ||
| Daiwa House Ltd ADR Japan ADR | ||
| DBS Group Hldgs Ltd Spon ADR | 15,189 | 22,791 |
| Disco Corp Unsponsored ADR | ||
| Engie Spon ADR | ||
| Experian PLC Spon ADR | 26,986 | |
| Fanuc Corp ADR | 25,518 | 23,289 |
| Gildan Activewear Inc CAD | 24,386 | 29,971 |
| Halma PLC Unsponsored ADR | 19,825 | 24,523 |
| HOYA Corp Spon ADR | 25,360 | 26,908 |
| HSBC Holdings PLC New GB Spon ADR | ||
| Icon PLC Eur | 21,397 | 19,503 |
| IMCD Group N V Unsponsored ADR | 25,100 | 24,435 |
| ING Groep N V NL Spon ADR | 22,767 | 27,673 |
| KBC Group NV ADR | 23,797 | 27,693 |
| Legrand S A Unsponsored ADR | ||
| London Stk Exchange Unsponsored ADR | 21,009 | 28,481 |
| Merck KGAA Spon ADR | ||
| MTU Aero Engines Hldgs AG ADR | 26,062 | 34,461 |
| Nomura Research Institute Ltd ADR | 18,454 | 20,360 |
| Novo Nordisk ADR Denmark ADR | 52,978 | 48,687 |
| Pernod Ricard SA Spon ADR | ||
| Recruit Hldgs Co Ltd UN Sponsored ADR | 8,373 | 18,105 |
| Relx PLC Spon ADR | 46,787 | 66,086 |
| Renesas Electronics Corp ADR | 13,255 | 10,620 |
| Roche Hldg Ltd Spons ADR Switz ADR | ||
| Ryanair Holdings PLC Spon ADR | 25,513 | 26,677 |
| Sampo OYJ ADR | 27,589 | 24,248 |
| Sandvik AB Spon ADR | ||
| SAP SE Spon ADR | 14,849 | 26,591 |
| SHIN Etsu Chem Co Ltd ADR | 23,223 | 19,973 |
| Siemens Healthineers AG ADR | 32,192 | 32,871 |
| Suncor Energy Inc New CAD | 22,823 | 24,584 |
| Suzuki Motor Corp Ltd ADR | 14,687 | 19,363 |
| Thales Unsponsored ADR | 26,393 | 25,484 |
| Unilever PLC Amer SHS New Spon ADR | 60,211 | 65,829 |
| Universal Music Gro ADR | 21,146 | 24,908 |
| Vonovia SE ADR | ||
| Zozo Inc ADR | ||
| Henkel AG & Co KGAA PFD Spon ADR | ||
| **Tesco Stores Hldg Ord Spon ADR | 22,066 | 25,727 |
| ASE Technology Hldg Co Ltd Spon ADR | 18,136 | 23,101 |
| BAE Systems PLC Spon ADR | 23,144 | 27,208 |
| BCE Inc New CAD | 7,520 | 3,732 |
| BHP Group Ltd Spon ADR | 10,083 | 7,617 |
| BNP Paribas SA ADR | 17,258 | 16,609 |
| British Amer Tobacco PLC GB Spon ADR | 24,425 | 25,133 |
| Coca Cola Femsa SAB de CV Spon ADR | 28,160 | 25,859 |
| Coca Cola Europacific Partners PLC Eur | 22,556 | 26,884 |
| Compagnie de Saint-Gobain ADR | 11,352 | 17,280 |
| Deutsche Telekom AG de Spon ADR | 19,457 | 24,686 |
| Deutsche Post AG Spon ADR | 17,165 | 12,983 |
| DNB BK Asa Spon ADR | 16,269 | 18,905 |
| Enel SPA ADR | 19,632 | 20,851 |
| Glencore PLC Unsponsored ADR | 625 | 489 |
| Iberdrola SA Spon ADR | 32,447 | 32,919 |
| Julius Baer Group Ltd ADR | 13,564 | 14,511 |
| Komatsu Ltd Spon ADR New | 24,834 | 25,817 |
| Mercedes-Benz Group AG | 26,448 | 20,702 |
| Michelin Compagnie Generale ADR | 16,159 | 16,669 |
| Munich RE Group ADR | 19,491 | 26,052 |
| Nestle A Sponsored ADR | 36,277 | 24,183 |
| Nippon Teleg & Tel Corp Spon | 33,606 | 27,963 |
| NN Group NV UN Sponsored ADR | 13,241 | 15,157 |
| Novartis AG Spon ADR | 29,943 | 30,555 |
| Power Corp Canada Ltd Canada Ord CAD | 19,119 | 22,838 |
| Rio Tinto PLC Spon ADR | 17,369 | 15,820 |
| Roche Hldg Ltd Spon ADR Switz ADR | 17,591 | 15,382 |
| Sanofi Spon ADR | 11,576 | 10,128 |
| Shell PLC Spon ADR | 20,229 | 20,925 |
| Siemens A G Spon ADR | 26,226 | 31,614 |
| Smurfit Kappa Group PLC UN Spon ADR | 31,690 | 36,409 |
| Softbank Corp Unsponsored ADR | 27,059 | 31,085 |
| Sonic Healthcare Ltd Spon ADR | 9,946 | 7,890 |
| Svenska Handelbanken AB ADR | 9,015 | 8,600 |
| Tokio Marine Holdings Inc Spon ADR | 19,262 | 31,734 |
| Tokyo Electron Ltd ADR | ||
| Totalenergies SE Spon ADR | 15,695 | 12,317 |
| Toyota Motor Corp New Japan Spon ADR | 14,031 | 17,710 |
| Untd Overseas Bk Ltd Spon ADR | 31,002 | 39,952 |
| UPM Kymmene Corp ADR | 16,298 | 14,064 |
| Veolia Environnement Spon ADR | 10,323 | 9,666 |
| Volvo AB-A Shs Unsponsored ADR SEK | 11,713 | 14,345 |
| Woodside Energy Group Ltd ADR | ||
| Xinyi Glass Holdings Ltd ADR | ||
| Zurich Ins Group Ltd Spon ADR | 28,352 | 35,153 |
| 3I Group PLC ADR | 10,980 | 20,724 |
| Apollo Debt Solutions BDC Class I ADV | 1,080,000 | 1,098,970 |
| Blackstone Real Estate Income Trust Inco | 1,892,000 | 1,793,974 |
| iCapital Apollo Aligned Alt Access Fund | 1,610,087 | 1,805,740 |
| KKR Real Estate Select Trust- Class I | 1,890,000 | 1,641,199 |
| Microchip Technology Inc | 8,946 | 8,984 |
| Lowe's Cos Inc NTS B/E | 60,706 | 60,002 |
| Service Corp Intl B/E | 9,433 | 9,625 |
| Teledyne Technologies | 58,517 | 59,053 |
| YUM! Brands Inc B/E | 8,876 | 8,716 |
| MGM Resorts Intl NTS B/E | 93,131 | 91,674 |
| Philip Morris Intl Inc B/E | 61,983 | 62,135 |
| Fortune Brands Home & | 39,671 | 38,980 |
| Fiserv Inc NTS B/E | 60,975 | 60,059 |
| Brown & Brown Inc NTS | 65,698 | 63,117 |
| Crown Castle Inc B/E | 64,556 | 63,363 |
| Tapestry Inc B/E | 7,797 | 7,779 |
| American Water Works Co Inc New | 62,444 | 59,008 |
| American Intl Group Inc Com New | 64,743 | 63,627 |
| TotalEnergies SP Spon ADR | 63,073 | 53,355 |
| Verizon Communications Inc | 66,218 | 62,624 |
| NNN REIT Inc SBI | 28,391 | 27,778 |
| W P Cary Inc REIT | 48,482 | 47,398 |
| Zimmer Biomet Holdings Inc | 47,249 | 46,890 |
| Baxter Intl Inc | 53,073 | 44,615 |
| Genuine Parts Co | 37,762 | 37,130 |
| Ollie's Bargain Outlet Holdi | 107,713 | 130,030 |
| Universal Display Corp | 182,644 | 120,907 |
| BJS Whsl Club Hldgs Inc | 115,327 | 135,365 |
| Apple Inc | 139,081 | 152,255 |
| Costar Group Inc | 46,053 | 45,531 |
| MSCI Inc | 99,073 | 112,802 |
| Oracle Corp | 163,622 | 165,973 |
| Paycom Software Inc | 51,911 | 56,777 |
| Shopify Inc CL A | 102,915 | 155,986 |
| ABBVIE Inc Com | 21,544 | 21,857 |
| Accenture PLC Ireland CL A | 32,706 | 36,938 |
| Amgen Inc | 29,890 | 27,628 |
| Anheuser Busch Inbev Spon ADR | 29,571 | 22,682 |
| Fujitsu Ltd ADR New Japan ADR | 19,984 | 21,265 |
| Itochu Corp ADR Japan ADR | 22,182 | 24,837 |
| KASPI KZ JSC SPON ADR | 9,239 | 9,660 |
| Rexford Indl Realty Inc | 30,073 | 23,931 |
| Ryanair Holdings PLC SPON ADR | 29,926 | 24,410 |
| SSE PLC Spon ADR | 24,808 | 18,615 |
| T-Mobile US Inc Com | 20,139 | 19,645 |
| Tokyo Electron Ltd ADR | 32,384 | 24,534 |
| UL Solutions Inc CL A | 36,235 | 39,655 |
| Welltower Inc REIT | 28,240 | 36,297 |
| Carlsberg AS Spon ADR | 29,509 | 20,386 |
| Alibaba Group Hldg Ltd Spon ADR | 27,589 | 31,033 |
| CEMEX S.A.B. De C.V. Spon ADR | 31,361 | 27,140 |
| Netease Inc. Spon ADR | 39,729 | 35,952 |
| Schlumberger Ltd Netherlands Antilles | 19,968 | 17,483 |
| Tencent Hldgs Ltd ADR | 15,356 | 21,963 |
| Adidas AG Spon ADR | 27,949 | 28,738 |
| Astrazeneca PLC Spon ADR | 30,485 | 25,225 |
| Bankinter SA Spon ADR | 16,519 | 16,000 |
| CRH PLC Ord Shs .32 Each Ord EUR | 10,666 | 12,490 |
| Croda Intl PLC ADR | 17,789 | 13,945 |
| Diploma PLC UNSP ADR | 23,051 | 27,961 |
| Disco Corp Unsponsored ADR | 10,566 | 10,495 |
| DSV A/S ADR | 12,145 | 12,107 |
| Epiroc Aktiebolag ADR | 24,619 | 22,707 |
| Hexagon AB UN Spon ADR | 8,924 | 8,471 |
| James Hardie Industries SE Spon ADR | 19,459 | 15,559 |
| KAO Corp Unsponsored AD | 12,655 | 12,684 |
| Mitsui Fudosan Co Ltd 1 ADR | 22,854 | 19,024 |
| Mizuho Financial Group Inc Spon ADR | 35,284 | 41,384 |
| Nippon Sanso Hldgs Corp ADR | 25,966 | 24,203 |
| Nitori Hldgs Co Ltd ADR | 26,824 | 22,378 |
| Nordea Bk ABP Spon ADR | 14,418 | 13,340 |
| Puma SE Unsponsored ADR | 13,198 | 12,820 |
| Symrise AG ADR | 23,166 | 20,072 |
| Techtronic Inds Spon ADR Hong Kong | 24,761 | 24,997 |
| Tokyo Electron Ltd ADR | 28,238 | 23,175 |
| Vat Group AG Unsponsored ADR | 10,874 | 7,837 |
| 3I Group PLC ADR | 16,479 | 18,419 |
| AIB Group PLC Unsponsored AR | 15,725 | 15,834 |
| Diageo PLC New GB Spon ADR | 13,422 | 12,967 |
| Haier Smart Home Co Ltd Spon ADR | 14,850 | 13,174 |
| MS&AD Ins Group Hldgs ADR | 23,074 | 30,021 |
| Pernod Ricard SA Spon ADR | 5,287 | 5,013 |
| Petroleo Brasileiro SA Spon ADR | 28,311 | 21,168 |
| Taylor Wimpey PLC ADR | 20,156 | 14,913 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Allianz Fixed Income Series C | AT COST | 1,182,398 | 1,256,642 |
| Allianz Fixed Income Series M | AT COST | 1,181,921 | 1,248,249 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal & professional services | 425 | 0 | 0 | 425 |
| Description | Amount |
|---|---|
| Federal Taxes | 76,235 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank charges | 252 | 252 | ||
| Dues and subscriptions | 4,698 | 4,698 | ||
| Investment fees | 257,970 | 257,970 | ||
| Postage | 868 | 868 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Payroll taxes | 532 | 495 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Foreign taxes | 32,621 | 32,621 | ||
| Payroll taxes | 2,561 | 2,561 |