| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AIRCASTLE LTD - 4.250% - 06/15 | 7,735 | 7,898 |
| AMERICAN HOMES 4 RENT LP - 3.6 | 5,264 | 5,368 |
| ANTHEM INC NOTE - 2.250% - 05/ | 825 | 869 |
| ARES CAPITAL CORP - 2.875% - 0 | 7,116 | 7,608 |
| AT&T INC - 1.650% - 02/01/2028 | 1,767 | 1,819 |
| AT&T INC - 4.350% - 03/01/2029 | 7,920 | 7,831 |
| BAT CAPITAL CORP - 7.750% - 10 | 9,992 | 10,205 |
| BK OF AMERICA CORP MTN - 4.571 | 7,552 | 7,607 |
| BK OF AMERICA CORP SER N MTN - | 2,984 | 2,941 |
| BLOCK FINL LLC - 3.875% - 08/1 | 5,330 | 5,536 |
| BOARDWALK PIPELINES LP - 3.600 | 7,870 | 7,863 |
| BORGWARNER INC - 5.400% - 08/1 | 5,975 | 5,907 |
| BP CAP MARKETS - 3.119% - 05/0 | 2,914 | 2,946 |
| BP CAP MKTS - 4.893% - 09/11/2 | 3,906 | 3,870 |
| BP CAP MKTS AMER INC - 0.000% | 1,668 | 1,692 |
| BRIXMOR OPERATING PARTNERSHIP | 7,395 | 7,566 |
| CITIGROUP INC - 5.610% - 09/29 | 1,998 | 2,011 |
| CITIGROUP INC NOTE - 4.910% - | 3,929 | 3,869 |
| CORERBIDGE FIN - 3.900% - 04/0 | 3,733 | 3,645 |
| CROWN CASTLE INC - 2.500% - 07 | 4,911 | 5,055 |
| DISCOVER FINL - 6.700% - 11/29 | 4,131 | 4,262 |
| DISCOVER FINL SVCS NOTE - 4.50 | 7,905 | 7,966 |
| ELEVANCE HEALTH INC - 4.750% - | 7,791 | 7,671 |
| ENTERGY LOUISIANNA LLC - 4.000 | 2,760 | 2,746 |
| ENTERPRISE PRODS OPER LLC - 5. | 2,033 | 2,018 |
| EQUITABLE HLDGS - 5.594% - 01/ | 4,151 | 4,038 |
| ESSEX PORTFOLIO LP - 2.650% - | 1,628 | 1,687 |
| EVERSOURCE ENERGY - 1.650% - 0 | 1,578 | 1,665 |
| EXPEDIA GROUP INC SER B NOTE C | 7,910 | 8,296 |
| FIDELITY NATIONAL FINANCIAL IN | 7,096 | 7,257 |
| FIFTH THIRD BANCORP - 4.772% - | 7,523 | 7,840 |
| GATX CORP NOTE CALL MAKE WHOLE | 940 | 945 |
| GLOBAL PAYMENTS - 2.900% - 05/ | 3,418 | 3,561 |
| GLOBAL PMTS INC - 5.400% - 08/ | 6,996 | 7,001 |
| GOLDMAN SACHS GROUP INC - 2.38 | 776 | 834 |
| HELMERICH PAYNE - 5.000% - 10/ | 5,887 | 5,771 |
| JOHN DEERE CAPITAL CORP - 3.35 | 962 | 949 |
| LAZARD LLC - 4.375% - 03/11/20 | 7,314 | 7,792 |
| LOWES COS INC - 1.300% - 04/15 | 1,723 | 1,788 |
| MARRIOTT INTL INC - 3.500% - 1 | 2,617 | 2,647 |
| MICRON TECHNOLOGY INC - 4.663% | 7,698 | 7,809 |
| MICRON TECHNOLOGY INC - 5.327% | 2,022 | 2,010 |
| MOODYS CORP - 2.000% - 08/19/2 | 1,679 | 1,662 |
| MPLX LP - 4.950% - 09/01/2032 | 1,964 | 1,929 |
| NVR INC - 3.000% - 05/15/2030 | 889 | 903 |
| NXP BV - 5.000% - 01/15/2033 | 7,908 | 7,787 |
| NXP BV / NXP FUNDING LLC / NXP | 2,468 | 2,526 |
| NXP BV/NXP - 3.150% - 05/01/20 | 1,917 | 1,923 |
| PROLOGIS LP - 1.750% - 02/01/2 | 747 | 829 |
| RAYTHEON TECHNOLOGIES CORP - 1 | 4,806 | 4,911 |
| RELX CAPITAL INC - 4.000% - 03 | 8,761 | 8,687 |
| SAN DIEGO GAS &ELEC CO SER VVV | 804 | 839 |
| SANTANDER HOLDINGS USA INC - 2 | 8,757 | 9,482 |
| SCHWAB CHARLES CORP NOTE - 2.4 | 1,809 | 1,910 |
| SEMPRA NOTE CALL - 3.700% - 04 | 1,838 | 1,900 |
| SOUTHERN CALF EDISON CO - 6.00 | 1,107 | 1,047 |
| SOUTHWEST GAS CORP - 4.050% - | 7,372 | 7,431 |
| STRYKER CORP - 1.150% - 06/15/ | 6,554 | 6,888 |
| T MOBILE USA INC NOTE - 3.375% | 9,089 | 9,334 |
| THE CIGNA GROUP NOTE - 5.400% | 8,038 | 7,996 |
| TRUIST - 1.950% - 06/05/2030 | 6,464 | 6,827 |
| TRUIST FINL SER G - 1.125% - 0 | 1,689 | 1,822 |
| UNION PAC CORP - 2.375% - 05/0 | 850 | 863 |
| UNITED PARCEL SERVICS - 5.150% | 2,025 | 1,997 |
| WELLS FARGO &CO - 4.897% - 07/ | 6,878 | 6,759 |
| WRKCO INC SER B - 4.900% - 03/ | 3,002 | 2,981 |
| XCEL ENERGY INC - 4.600% - 06/ | 7,361 | 7,615 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALERIAN MLP ETF | 10,577 | 9,632 |
| FIRST EAGLE GLOBAL FUND CLASS | 157,087 | 167,988 |
| FULLER & THALER BEHAVIORAL SMA | 81,779 | 103,584 |
| LYRICAL U.S. VALUE EQUITY FUND | 78,853 | 100,359 |
| MS INSTITUTIONAL FUND TRUST U | 19,320 | 19,340 |
| VANGUARD FTSE DEVELOPED MARKET | 37,535 | 39,930 |
| VANGUARD TOTAL STOCK MARKET ET | 21,425 | 57,382 |
| VANGUARD VALUE ETF | 148,806 | 197,404 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 7,675 | 7,675 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 5,539 | 5,539 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Extension for 2023 | 400 |