| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 10,000.0000 CAPITAL ONE FINL CORP - HALYARD ACCT. NO. PPM-001184 | 9,985 | 9,998 |
| 10,000.0000 GOLDMAN SACHS GROUP INC - HAYLARD ACCT NO. PPM-00184 | 9,808 | 9,963 |
| 12,000.0000 AMERICAN EXPRESS CO - HALYARD ACCT NO. PPM-001184 | 11,813 | 11,952 |
| 15,000.0000 MARSH & MCCLENNAN COS INC. - HALYARD ACCT. NO. PPM-001184 | 14,945 | 14,971 |
| 16,000.0000 CAPITAL ONE FINL CORP - HAYLARD ACCT NO. PPM-00184 | 15,658 | 15,896 |
| 17,000.0000 ALLSTATE CORP - HAYLARD ACCT NO. PPM-00184 | 16,377 | 16,389 |
| 17,000.0000 NETFLIX INC - HAYLARD ACCT. NO PPM-00184 | 17,043 | 17,017 |
| 18,000.0000 SHERWIN-WILLIAMS CO FXD RT - HAYLARD ACCT NO. PPM-001184 | 17,714 | 17,969 |
| 2,000.0000 EXPRESS SCRIPTS - HAYLARD ACCT NO. PPM-00184 | 1,952 | 1,990 |
| 2,000.0000 MORGAN STANLEY FIXED RATE - HALYARD ACCT. NO. PPM-001184 | 1,962 | 1,992 |
| 20,000.0000 GOLDMAN SACHS GROUP INC. - HALYARD ACCT. NO. PPM-001184 | 19,693 | 19,931 |
| 20,000.0000 JPMORGAN CHASE & CO - HAYLARD ACCT NO. PPM-00184 | 19,645 | 19,929 |
| 22,000.0000 BRISTOL-MYERS - HAYLARD ACCT NO. PPM-00184 | 21,989 | 22,107 |
| 22,000.0000 HUMANA INC - HAYLARD ACCT NO. PPM-00184 | 21,916 | 21,969 |
| 24,000.0000 BROADCOM INC - HAYLARD ACCT NO. PPM-00184 | 23,630 | 23,688 |
| 24,000.0000 QUEST DIAGNOSTICS INC. - HALYARD ACCT NO. PPM-001184 | 23,261 | 23,917 |
| 25,000.0000 CARRIER GLOBAL CORP - HALYARD ACCT. NO. PPM-001184 | 24,835 | 24,900 |
| 25,000.0000 CONSTELLATION BRANDS INC. - HALYARD ACCT. NO. PPM-001184 | 24,946 | 24,959 |
| 26,000.0000 INTL BUSINESS MACHS CORP - HALYARD ACCT. NO. PPM-001184 | 25,716 | 25,895 |
| 26,000.0000 SYNCHRONY FINL - HALYARD ACCT. NO. PPM-001184 | 25,935 | 25,975 |
| 27,0000.0000 ABBVIE INC - HAYLARD ACCT NO. PPM-00184 | 26,584 | 26,951 |
| 27,0000.0000 LOWES CORP - HAYLARD ACCT NO. PPM-00184 | 26,682 | 26,961 |
| 28,000.0000 FIFTH THIRD BANCORP - HALYARD ACCT. NO. PPM-001184 | 27,801 | 27,946 |
| 28,000.0000 JOHNSON CONTROLS - HAYLARD ACCT NO. PPM-00184 | 27,554 | 27,725 |
| 29,000.0000 MCCORMICK & CO. INC. - HALYARD ACCT. NO. PPM-001184 | 28,561 | 28,576 |
| 29,000.0000 TEXTRON INC FXD - HALYARD ACCT. NO. PPM-001184 | 28,450 | 28,946 |
| 3,000.000 SHERWIN-WILLIAMS CO. - HAYLARD ACCT NO. PPM-00184 | 2,990 | 2,993 |
| 30,000.0000 MARRIOTT INTL INC. NEW - HALYARD ACCT NO. PPM-001184 | 28,956 | 29,924 |
| 30,000.0000 NORTHROP GRUMMAN CORP | 29,656 | 29,976 |
| 31,000.0000 CIGNA CORP - HAYLARD ACCT NO. PPM-00184 | 30,457 | 30,851 |
| 31,000.0000 GENERAL MILLS INC - HAYLARD ACCT NO. PPM-00184 | 30,629 | 30,918 |
| 32,000.0000 AMGEN INC - HAYLARD ACCT. NO. PPM-00184 | 31,967 | 32,018 |
| 32,000.0000 GILEAD SCIENCES INC - HAYLARD ACCT NO. PPM-001184 | 31,712 | 31,957 |
| 32.000.0000 HYATT HOTELS CORP - HAYLARD ACCT NO. PPM-00184 | 31,928 | 32,019 |
| 33,000.000 ROSS STORES INC - HAYLARD ACCT NO. PPM-00184 | 32,728 | 32,959 |
| 33,000.0000 HOST HOTELS & RESORTS - HALYARD ACCT. NO. PPM-001184 | 32,495 | 32,858 |
| 35,000.0000 CAMPBELL SOUP CO FXD - HALYARD ACCT. NO. PPM-001184 | 34,297 | 34,919 |
| 35,000.0000 DOMINION ENERGY INC - HAYLARD ACCT NO. PPM-00184 | 34,309 | 34,764 |
| 38,0000.0000 ORACLE CORP - HAYLARD ACCT NO. PPM-00184 | 37,607 | 37,782 |
| 39,000.0000 UNITED TECHNOLOGIES - HAYLARD ACCT NO. PPM-00184 | 38,546 | 38,794 |
| 4,000.0000 AMERICAN EXPRESS CO - HALYARD ACCT. NO. PPM-001184 | 3,958 | 3,988 |
| 4,000.0000 REALTY INCOME CORP - HALYARD ACCT. NO. PPM-001184 | 3,998 | 3,997 |
| 4,000.0000 REALTY INCOME CORP - HALYARD ACCT. NO. PPM-001184 | 3,985 | 3,990 |
| 41,000.0000 JOHN DEERE CAP CORP MED - HALYARD ACCT NO. PPM-001184 | 41,036 | 41,053 |
| 41,000.0000 NEXTERA ENERGY CAP HOLDINGS - HALYARD ACCT NO. PPM-001184 | 41,068 | 41,073 |
| 45,000.0000 PFIZER INVT ENTERPRISES LTD - HALYARD ACCT NO. PPM-001184 | 44,672 | 45,018 |
| 5,000.0000 APPLE INC - HAYLARD ACCT NO. PPM-001184 | 4,958 | 4,997 |
| 5,000.0000 GOLDMAN SACHS GROUP INC. - HALYARD ACCT. NO. PPM-001184 | 4,922 | 4,997 |
| 5,000.0000 JPMORGAN CHASE & CO - HAYLARD ACCT NO. PPM-001184 | 4,973 | 4,995 |
| 5,000.0000 LOWES CORP - HAYLARD ACCT NO. PPM-00184 | 4,927 | 4,990 |
| 5,000.0000 REALTY INCOME CORP - HAYLARD ACCT NO. PPM-00184 | 4,952 | 4,994 |
| 6,000.0000 MORGAN STANLEY - HAYLARD ACCT NO. PPM-00184 | 5,834 | 5,956 |
| 6,000.0000 TRUIST FINANCIAL CORP - HALYARD ACCT. NO. PPM-001184 | 5,935 | 5,986 |
| 38,000.0000 ZOETIS INC - HAYLARD ACCT NO. PPM-00184 | 38,280 | 38,199 |
| 6.0000 BB&T CORP - HALYARD ACCT. NO. PPM-001184 | 5,954 | 5,972 |
| 8,000.0000 ALTRIA GROUP INC - HAYLARD ACCT NO. PPM-00184 | 7,881 | 7,930 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 1,538.0640 JP MORGAN UNDSCVRD MNGRS BEHAVRL VAL FD - ML ACCT. NO. 546-02394 | AT COST | 115,803 | 128,690 |
| 1,607.1531 AVANTIS US SMALL CAP - ML ACCT NO. 456-02394 | AT COST | 122,518 | 155,138 |
| 1,704.4050 OAKMARK INTL FD - ML ACCT. NO. 546-02394 | AT COST | 278,535 | 259,257 |
| 1,993.3185 ISHARES 1-3 YEAR TREASURY BOND ETF - ML ACCT. NO. 546-02394 | AT COST | 161,919 | 163,412 |
| 10,629.8960 LOOMIS SAYLES INVT GRADE BD FD - ML ACCT. NO. 546-02394 | AT COST | 101,103 | 103,323 |
| 11,914.5280 THORNBURG INVSTMT INCOME BUILDER FD - ML ACCT. NO. 546-02394 | AT COST | 249,510 | 307,157 |
| 11,975.4206 COHEN AND STEERS TAX-ADVANTAGED PFD - ML ACCT. NO. 546-02394 | AT COST | 221,923 | 230,168 |
| 13,065.07 VIRTUS DIVID INT AND PREM STRATEGY FD - ML ACCT. NO. 546-02394 | AT COST | 147,423 | 165,012 |
| 14,889.3360 COLUMBIA DIVIDEND INCOME FUND CL Z - ML ACCT. NO. 546-02394 | AT COST | 326,329 | 491,348 |
| 26095.9250 BLACKROCK MULTI ASSET INCOME PORTFOLIO - ML ACCT. NO. 546-02394 | AT COST | 252,967 | 263,569 |
| 29,627.1560 BLACKROCK STRATEGIC INCOME OPPRTNTS - ML ACCT. NO. 546-02394 | AT COST | 277,389 | 280,569 |
| 3,530.8210 AMERICAN NEW WORLD FUND- ML ACCT. NO. 546-02394 | AT COST | 196,396 | 271,026 |
| 3,108.9170 FIRST EAGLE GLOBAL CL I - ML ACCT. NO. 546-02394 | AT COST | 159,804 | 209,572 |
| 4,371.6770 AMERICAN SMALLCAP WORLD FD - ML ACCT. NO. 546-02394 | AT COST | 200,765 | 303,220 |
| 4,895.3330 AMERICAN CAPITAL WORLD GROWTH & INCO - ML ACCT. NO. 546-02394 | AT COST | 213,982 | 310,609 |
| 4284.4636 J.P. MORGAN EQUITY PREMIUM INCOME - ML ACCT. NO. 546-02394 | AT COST | 258,478 | 246,485 |
| 8,615.5690 JP MORGAN MID CAP VALUE FD CL I - ML ACCT. NO. 546-02394 | AT COST | 272,102 | 309,902 |
| 90.0000 WELLS FARGO & CO NEW 7.5% PERP CONV - ML ACCT NO. 546-02394 | AT COST | 112,148 | 107,488 |
| HEYMANN - SAP V PARTNERS | AT COST | 150 | 150 |
| HEYMANN FAMILY PARTNERS | AT COST | 481,472 | 481,472 |
| NRMA, LLC | AT COST | 1,876,870 | 1,876,870 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM MERRILL LYNCH | 1,787 | 1,736 | 1,736 |
| DUE FROM PK DIVERSIFIED | 394,180 | 107,122 | 107,122 |
| DUE FROM STERLING AMERICAN PROPERTIES | 1,446 | 0 | 0 |
| ACCRUED INTEREST PAID - HALYARD | 1,684 | 2,289 | 2,289 |
| DUE FROM HEYMANN SAP V | 6,000 | 6,000 |
| Description | Amount |
|---|---|
| NONDEDUCTIBLE EXPENSE | 210 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DEDUCTIONS RELATED TO PORTFOLIO INCOME | 8,867 | 8,867 | 0 | |
| OTHER DEDUCTIONS FROM PASSTHROUGHS | 36,739 | 36,739 | 0 | |
| BANK CHARGES | 438 | 0 | 0 | |
| FILING FEES | 15 | 0 | 0 | |
| MISCELLANEOUS EXPENSES | 484 | 481 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS | 8,860 | 8,860 | 8,860 |
| ORDINARY INC - HEYMANN SAP V PARTNERS | -356 | -356 | -356 |
| OTHER ORDINARY INCOME - NRMA | 16,868 | 16,868 | 16,868 |
| OTHER PORTFOLIO INCOME - HEYMANN FAMILY PARTNERS | 4 | 4 | 4 |
| OTHER PORTFOLIO INCOME - PK ROCK SPRINGS | 7 | 7 | 7 |
| RENTAL R/E - HEYMANN SAP V PARTNERS | -4,735 | -4,735 | -4,735 |
| SECTION 475(F) GAIN - NRMA | 329,294 | 329,294 | 329,294 |
| Description | Amount |
|---|---|
| IRS REFUND FROM THE 2023 FORM 990-T | 26,474 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVISORY FEES | 71,693 | 59,193 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 3,083 | 3,083 | 0 | |
| TAXES | 4,000 | 0 | 0 |