| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 14,700 | 0 | 14,700 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC | 3,127 | 2,784 |
| ACCENTURE CPTL INC | 11,575 | 11,529 |
| AIR LEASE CORP | 11,458 | 11,745 |
| AMERICAN ELEC PWR | 4,039 | 4,030 |
| AMERICAN EXPRESS CO NTS | 6,079 | 6,074 |
| AMERICAN HONDA FIN NTS | 5,983 | 6,013 |
| AT&T INC | 10,441 | 10,440 |
| BANK OF AMER CORP | 15,981 | 16,031 |
| BHP BILLITON FIN LTD NTS | 16,217 | 16,166 |
| BK OF NOVA SCOTIA | 6,008 | 6,018 |
| BP CPTL MARK AMER INC | 2,000 | 2,001 |
| CANADIAN IMPERIAL BANK | 5,905 | 5,976 |
| CHENIERE ENERGY INC | 5,785 | 5,875 |
| CITIGROUP INC NTS | 13,238 | 13,462 |
| CSX CORP | 10,340 | 10,020 |
| ELI LILLY & CO NTS | 1,997 | 2,005 |
| ENBRIDGE INC NTS | 10,306 | 10,109 |
| ENLINK MIDSTREAM PRTN | 7,909 | 7,983 |
| ENTERPRISE PRODUCTS | 9,995 | 10,002 |
| FISERV INC NTS | 3,949 | 3,912 |
| GENERAL MOTORS | 6,100 | 6,119 |
| GENL MOTORS FINL CO | 10,244 | 10,150 |
| GLOBAL PAYMENTS INC NTS | 5,992 | 6,007 |
| GOLDMAN SACHS GROUP INC | 4,889 | 4,800 |
| GODLMAN SACHS GROUP INC | 8,822 | 8,621 |
| HCA INC | 5,955 | 5,843 |
| JP MORGAN | 5,975 | 6,000 |
| JP MORGAN CHASE & CO | 6,251 | 5,283 |
| MORGAN STANLEY B/E | 3,726 | 3,715 |
| MORGAN STANLEY NTS | 8,062 | 7,941 |
| NATIONAL RURAL UTIL COOP | 12,142 | 12,143 |
| NETFLIX INC | 10,723 | 10,601 |
| PACIFIC GAS & ELEC CO | 7,539 | 7,743 |
| PHILLIPS 66 | 5,839 | 5,817 |
| SIMON PPTY GROUP LP | 5,868 | 5,958 |
| SOUTHERN CAL EDISON NTS | 6,015 | 6,001 |
| SOUTHWEST AIRLINES CO | 6,024 | 6,027 |
| THERMO FISHER SCIENTIFIC | 6,047 | 6,057 |
| T-MOBIL USA INC | 11,215 | 11,200 |
| TRUIST FINANCIAL GROUP | 2,022 | 2,033 |
| TORONTO-DOMINION BANK | 6,059 | 6,068 |
| TOYOTA MOTOR CREDIT CORP | 6,001 | 6,014 |
| WEC ENERGY GROUP INC | 4,043 | 4,051 |
| WELLS FARGO & CO | 8,605 | 8,500 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ADYEN N V ADR | 4,320 | 3,870 |
| AIA GROUP LTD | 8,856 | 6,657 |
| AIR ADR | 1,797 | 3,225 |
| AIR PROD & CHEMICAL INC | 10,755 | 13,342 |
| ALCON INC CHF | 3,348 | 4,499 |
| ALFA LAVAL | 2,570 | 4,776 |
| ALIBABA GROUP ADR | 15,492 | 5,087 |
| ALLIANZ SE | 8,419 | 11,300 |
| ALPHABET INC CL C | 6,208 | 20,948 |
| ALTRIA GROUP INC | 6,355 | 7,425 |
| AMBEV SA SPON ADR | 4,290 | 2,701 |
| AMPHENOL CORPORATION | 1,698 | 6,389 |
| APPLE INC | 3,823 | 20,284 |
| ARCH CAPITAL GROUP | 4,269 | 11,913 |
| ARISTA NETWORKS INC | 642 | 5,305 |
| ARMSTRONG WORLD | 1,513 | 3,109 |
| ASBURY AUTOMOTIVE GROUP INC | 3,417 | 3,402 |
| ASSA ABLOY AB ADR | 2,844 | 3,692 |
| ATLAS COPCO | 1,879 | 4,660 |
| BANCO BILBAO | 3,993 | 6,201 |
| BERKLEY W R | 1,028 | 4,038 |
| BERKSHIRE HATHAWAY | 7,859 | 19,491 |
| BHP GROUP | 6,385 | 4,053 |
| BLACKROCK INC | 8,566 | 15,377 |
| BROOKFIELD ASSET MGMT INC | 2,640 | 3,902 |
| BROWN & BROWN INC | 1,699 | 8,264 |
| BROWN FORMAN | 3,844 | 2,773 |
| BRUKER CORP | 8,006 | 8,031 |
| BYD CO LTD ADR | 1,548 | 1,495 |
| CAPITEC BK HLDGS LTD ADR | 1,454 | 2,920 |
| CARLISLE COS INC | 2,859 | 5,901 |
| CDN NATL | 1,865 | 2,335 |
| CDW CORP | 3,170 | 5,569 |
| CHEVRON CORP | 7,981 | 6,807 |
| CHINA MERCHANTS BK CO | 4,389 | 3,283 |
| CHUBB LTD CHF | 8,661 | 8,842 |
| CHUGAI PHARMACEUTICAL LTD ADR | 5,144 | 8,788 |
| CHURCH & DWIGHT CO INC | 6,729 | 8,063 |
| COLOPLAST AS SPON ADR | 2,978 | 2,606 |
| COPART INC | 972 | 7,116 |
| COSAN LTD | 1,447 | 626 |
| CREDICORP LTD | 2,647 | 3,483 |
| CULLEN FROST BANKERS INC | 1,571 | 2,014 |
| DAIFUKU CO LTD | 2,249 | 2,387 |
| DASSAULT | 7,620 | 7,267 |
| DBS GROUP | 6,809 | 13,572 |
| DISCO CORP UNSPONSORED ADR | 3,505 | 3,534 |
| DOLLAR TREE INC | 6,325 | 4,646 |
| ENN ENERGY HOLDINGS LTD | 7,409 | 4,523 |
| EPAM SYSTEMS | 1,762 | 935 |
| EPIROC AKTIEBOLAG ADR | 2,077 | 3,698 |
| EXPEDITORS INTL | 1,025 | 2,215 |
| FEDEX CORP | 5,850 | 9,003 |
| FISERV INC | 7,132 | 13,558 |
| FLOOR & DCOR HLDGS | 3,001 | 4,088 |
| FOMENTO ECONOMICO MEXICANO | 5,655 | 6,412 |
| GARTNER INC | 3,206 | 10,174 |
| GENMAB A/S SPON ADR | 4,503 | 2,463 |
| GLACIER BANCORP | 1,707 | 2,109 |
| GLOBANT S A | 2,662 | 3,002 |
| GRACO INC | 1,559 | 1,602 |
| GRUPO FINANCIERO BANORTE | 4,740 | 3,884 |
| HAIER SMART HOME CO | 3,924 | 4,340 |
| HALEON PLC | 7,445 | 8,576 |
| HDFC | 15,278 | 15,965 |
| HOME DEPOT INC | 5,041 | 10,503 |
| ICICI BANK LTD SPON ADR | 3,370 | 5,494 |
| INFINEON TECH | 5,536 | 8,464 |
| JD COM INC | 3,741 | 1,803 |
| JOHNSON & JOHNSON | 5,830 | 5,496 |
| KOMATSU LTD SPON ADR | 2,819 | 3,797 |
| LABORATORY CORP | 2,780 | 5,045 |
| LIBERTY MEDIA CORP | 3,325 | 4,911 |
| LIBERTY BROADBAND CORP | 4,494 | 3,888 |
| LINDE PLC | 1,561 | 4,187 |
| LITHIA MOTORS INC CL A | 3,550 | 3,932 |
| LOREAL CO | 6,233 | 6,689 |
| LOWES CORP | 2,366 | 5,676 |
| MAKEMYTRIP LIMITED | 1,165 | 1,235 |
| MANULIFE FINANCIAL CORP | 4,971 | 8,752 |
| MARTIN MARIETTA MATERIALS INC | 3,517 | 8,781 |
| MEITUAN ADR | 7,687 | 3,803 |
| MERCADOUBRE INC | 3,380 | 3,401 |
| MICROCHIP TECHNOLOGY | 3,660 | 3,154 |
| MINTH GROUP LTD | 1,037 | 1,001 |
| MKS INSTRUMENTS INC | 3,920 | 3,758 |
| MOELIS & CO | 1,911 | 3,398 |
| NESTLE S A | 13,372 | 11,683 |
| NEWMARKET CORP | 6,482 | 8,454 |
| NORFOLK STHN CORP | 9,225 | 11,500 |
| NOVONESIS B ADR | 1,835 | 2,092 |
| O' REILLY AUTOMOTIVE INC | 2,366 | 5,929 |
| OLD DOMINION FREIGHT | 3,846 | 5,821 |
| P.T TELEKOMUNIKASI | 3,970 | 2,977 |
| PACCAR INC | 3,547 | 6,449 |
| PING INSURANCE GROUP | 8,706 | 5,063 |
| PKO BANK POLSKI SA ADR | 1,248 | 1,274 |
| PROGRESSIVE CORP OHIO | 3,908 | 14,856 |
| PT BANK NEGERA INDONE ADR | 1,425 | 1,166 |
| PT BK RAKYAT | 2,313 | 2,182 |
| REPUBLICAN SERVICES INC | 7,120 | 9,657 |
| RIO TINTO PLC SPON ADR | 4,044 | 4,646 |
| ROCHE HLDG | 6,759 | 6,976 |
| ROSS STORES | 5,648 | 9,227 |
| SAP SE SPON | 4,352 | 8,864 |
| SCHNEIDER ELEC SE | 3,069 | 7,694 |
| SCHWAB CHARLES CORP NEW | 5,270 | 9,843 |
| SHELL PLC SPON ADR | 7,119 | 8,332 |
| SHIMANO INC UNSPONSORED | 2,065 | 1,753 |
| SHIONOGI & CO | 3,882 | 2,777 |
| SONOVA HLDG | 1,502 | 2,927 |
| SONY GROUP CORP | 6,857 | 8,041 |
| STARBUCKS CORP | 7,629 | 7,665 |
| SYMRISE AG | 2,347 | 3,407 |
| SYSMEX CORP | 6,205 | 6,124 |
| TAIWAN SEMICONDUCTOR | 16,653 | 32,981 |
| TE CONNECTIVITY PLC | 8,221 | 7,863 |
| TECHTRONIC INDS SPON ADR | 3,289 | 2,952 |
| TELEDYNE TECHNOLOGIES INC | 3,262 | 3,713 |
| TENCENT HOLDINGS | 21,620 | 18,294 |
| TEXAS INSTR | 5,849 | 9,188 |
| THOR INDUSTRIES INC | 3,903 | 4,020 |
| TRIP COM GROUP LTD | 1,593 | 2,128 |
| UNICHARM | 3,460 | 2,059 |
| VISA INC CLS A | 5,047 | 12,642 |
| WAL MART DE MEXICO | 1,900 | 1,320 |
| WATERS CORP | 3,386 | 4,452 |
| WEG SA BRAZIL | 1,895 | 3,050 |
| ZTO EXPRESS CAYMAN INC SPON | 3,211 | 3,128 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CALAMOS MARKET NEUTRAL | AT COST | 137,592 | 157,729 |
| ISHARES RUSSELL 2000 ETF | AT COST | 34,688 | 57,229 |
| ISHARES RUSSELL 3000 ETF | AT COST | 41,176 | 159,103 |
| ISHARES TRUST CORE S&P 500 ETF | AT COST | 48,204 | 180,725 |
| MARTIN CURRIE | AT COST | 67,748 | 57,908 |
| PIMCO TOTAL RETURN FUND | AT COST | 180,548 | 151,236 |
| Description | Amount |
|---|---|
| BASIS ADJUSTMENT | 23 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MGMT FEE | 16,147 | 16,147 | 0 | |
| OTHER FEES | 471 | 471 | 0 | |
| FILING FEES | 10 | 0 | 10 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHELD | 1,314 | 1,314 | 0 | |
| IL TAXES | 15 | 0 | 0 | |
| EXTENSION PAYMENT | 2,000 | 0 | 0 |