| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CANADIAN IMPERIAL BANK | 31,875 | 31,875 |
| COMCAST CORP NTS B/E | 24,870 | 24,870 |
| JOHN DEERE CAPITAL CORP MED TERM NTS | 30,084 | 30,084 |
| CITIGROUP INC | 24,749 | 24,749 |
| ROYAL BK OF CANADA NTS B/E | 22,968 | 22,968 |
| BANK OF AMER CORP NTS B/E | 23,920 | 23,920 |
| JPMORGAN CHASE & CO NTS B/E | 9,974 | 9,974 |
| WEC ENERGY GROUP INC NTS | 14,178 | 14,178 |
| GENL MOTORS FINL CO INC | 31,630 | 31,630 |
| ABBVIE INC NTS B/E | 32,186 | 32,186 |
| MORGAN ST AN LEY B/E | 25,475 | 25,475 |
| SOUTHERN CAL EDISON NTS | 28,791 | 28,791 |
| JPMORGAN CHASE & CO NTS B/E | 31,089 | 31,089 |
| AIR LEASE CORP NTS B/E | 30,252 | 30,252 |
| CITIGROUP INC NTS B/E | 32,693 | 32,693 |
| GOLDMAN SACHS GROUP INC | 23,846 | 23,846 |
| HOWMET AEROSPACE INC NTS | 24,130 | 24,130 |
| US BANCORP NTS B/E | 24,753 | 24,753 |
| SOUTHWESTERN ENERGY CO NTS B/E | 23,641 | 23,641 |
| BRISTOL-MYERS SQUIBB CO | 25,110 | 25,110 |
| AT&T INC B/E OBP | 23,493 | 23,493 |
| PNC FINANCIAL SERVICES NTS B/E | 23,400 | 23,400 |
| HOME DEPOT INC NTS B/E | 24,051 | 24,051 |
| WALT DISNEY COMPANY/THE | 14,232 | 14,232 |
| CHENIERE ENERGY PARTNERS | 27,109 | 27,109 |
| GENL MOTORS CO NTS B/E | 30,196 | 30,196 |
| EQUINIX INC NTS B/E | 23,900 | 23,900 |
| GOLDMAN SACHS GROUP INC | 31,908 | 31,908 |
| DISCOVERY COMMUNICATIONS | 8,895 | 8,895 |
| CENTENE CORP B/E | 26,468 | 26,468 |
| T-MOBILE USA INC B/E | 25,416 | 25,416 |
| CHARLES SCHWAB CORP NTS B/E | 11,053 | 11,053 |
| UNITED HEALTH GROUP INC | 11,060 | 11,060 |
| ORACLE CORP B/E 5BP | 29,691 | 29,691 |
| BROADCOM INC NTS B/E | 24,528 | 24,528 |
| UNITEDHEALTH GROUP INC B/E | 3,795 | 3,795 |
| PFIZER INVT ENTER NTS | 30,994 | 30,994 |
| BANK OF AMER CORP B/E | 33,769 | 33,769 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABB LTD SPON ADR | 2,471 | 2,471 |
| ABBOTT LABS | 2,036 | 2,036 |
| ABBVIE INC COM | 4,798 | 4,798 |
| ADIDAS AG SPON ADR | 1,583 | 1,583 |
| ADOBE INC. (DELAWARE) | 3,113 | 3,113 |
| ADVANCED MICRO DEVICES INC | 3,020 | 3,020 |
| AIA GROUP LTD SPON ADR | 1,729 | 1,729 |
| AIR LIQUIDE ADR FRANCE ADR | 2,032 | 2,032 |
| AKAMAI TECHNOLOGIES INC | 1,913 | 1,913 |
| ALBANY INTL CORP NEW CL A | 1,200 | 1,200 |
| ALBEMARLE CORP | 1,205 | 1,205 |
| ALLSTATE CORP | 4,820 | 4,820 |
| ALPHABET INC CL A | 10,790 | 10,790 |
| AMAZON.COM INC | 18,648 | 18,648 |
| AMER EXPRESS CO | 7,420 | 7,420 |
| AMERICAN TOWER CORP REIT | 2,384 | 2,384 |
| AMERIPRISE FINANCIAL INC | 2,130 | 2,130 |
| ANSYS INC | 2,361 | 2,361 |
| AON PLC CLA | 3,232 | 3,232 |
| APPLE INC | 17,279 | 17,279 |
| ARCHROCK INC | 3,709 | 3,709 |
| ARROW ELECTRONICS INC | 1,923 | 1,923 |
| ASM INTL NV EUR | 1,138 | 1,138 |
| ASML HLDG NV SPON ADR | 4,158 | 4,158 |
| ASTRAZENECA PLC SPON ADR | 4,390 | 4,390 |
| BANK OF NEW YORK MELLON CORP | 3,842 | 3,842 |
| BIO RAD LABORATORIES INC CL A | 2,300 | 2,300 |
| BORGWARNER INC | 1,653 | 1,653 |
| BOSTON SCIENTIFIC CORP | 3,126 | 3,126 |
| BOX INC CLA | 2,465 | 2,465 |
| BROADCOM INC | 19,243 | 19,243 |
| BUREAU VERITAS SA UNSPONSORED ADR | 2,471 | 2,471 |
| BXP INC | 2,156 | 2,156 |
| CABOT CORP | 2,009 | 2,009 |
| CAPGEMINI S E UNSPONSORED ADR | 2,207 | 2,207 |
| CBRE GROUP INC CL A | 4,070 | 4,070 |
| CENTENE CORP | 1,817 | 1,817 |
| CF INDUSTRIES HOLDINGS INC | 3,072 | 3,072 |
| CHARLES RIVER LABORATORIES | 2,215 | 2,215 |
| CHIPOTLE MEXICAN GRILL INC CL A | 3,377 | 3,377 |
| CHUBB LTD CHF | 1,382 | 1,382 |
| CIRRUS LOGIC INC | 2,091 | 2,091 |
| CME GROUP INC | 2,787 | 2,787 |
| COMPAGNIE FINANCIERE RICHEMONT AG ADR | 1,457 | 1,457 |
| COMPASS GROUP PLC SPON ADR | 2,956 | 2,956 |
| CONMED CORP | 1,574 | 1,574 |
| CONOCOPHILLIPS | 3,173 | 3,173 |
| CONTL AG- SPONS ADR ADR | 853 | 853 |
| COPT DEFENSE PROPERTIES SBI | 1,548 | 1,548 |
| CRH PLC ORD SHS .32 EACH ORD EUR | 1,018 | 1,018 |
| CRODA INTL PLC ADR | 1,111 | 1,111 |
| D R HORTON INC | 1,818 | 1,818 |
| DARDEN RESTAURANTS INC | 2,240 | 2,240 |
| DBS GROUP HLDGS LTD. SPON ADR | 1,793 | 1,793 |
| DIODES INC | 987 | 987 |
| DIPLOMA PLC UNSP ADR | 854 | 854 |
| DISCO CORP UNSPONSORED ADR | 930 | 930 |
| EASTMAN CHEMICAL CO | 2,009 | 2,009 |
| EMERSON ELECTRIC CO | 3,098 | 3,098 |
| ENGIE SPON ADR | 1,965 | 1,965 |
| ENN ENERGY HOLDINGS LTD SPON ADR | 1,252 | 1,252 |
| EPIROC AKTIEBOLAG ADR | 1,285 | 1,285 |
| EQUITY RESIDENTIAL SBI | 4,593 | 4,593 |
| EXPERIAN PLC SPON ADR | 1,538 | 1,538 |
| EXXON MOBIL CORP | 8,606 | 8,606 |
| FANUC CORP ADR | 1,800 | 1,800 |
| FEDEX CORP | 1,125 | 1,125 |
| FIRSTCASH HLDGS INC | 1,554 | 1,554 |
| FORMFACTOR INC | 1,496 | 1,496 |
| GALAXY ENTERTAINMENT UN | 1,238 | 1,238 |
| GATX CORP | 3,564 | 3,564 |
| GILDAN ACTIVEWEAR INC CAD | 1,882 | 1,882 |
| GOLDMAN SACHS GROUP INC | 8,017 | 8,017 |
| GRUPO FINANCIERO BANORTE SPON ADR | 1,701 | 1,701 |
| HEXAGON AB UN SPON ADR | 672 | 672 |
| HEXCEL CORP NEW | 2,006 | 2,006 |
| HOLOGIC INC | 2,307 | 2,307 |
| HOME DEPOT INC | 4,279 | 4,279 |
| HOULIHAN LOKEY INC | 3,473 | 3,473 |
| HOYA CORP SPON ADR | 1,736 | 1,736 |
| HUNTINGTON INGALLS INDS INC | 1,323 | 1,323 |
| ICICI BANK LTD SPON ADR | 2,449 | 2,449 |
| ICON PLC EUR | 1,468 | 1,468 |
| IMCD GROUP NV UNSPONSORED ADR | 1,782 | 1,782 |
| ING GROEP N V NL SPON ADR | 1,254 | 1,254 |
| INSPERITY INC COM | 1,628 | 1,628 |
| INTUIT | 3,143 | 3,143 |
| INTUITIVE SURGICAL INC | 3,654 | 3,654 |
| ITAU UNIBANCO HLDG SA ADR | 1,766 | 1,766 |
| JAMES HARDIE INDUSTRIES SE SPON ADR | 1,232 | 1,232 |
| JOHNSON & JOHNSON COM | 6,508 | 6,508 |
| JPMORGAN CHASE & CO | 8,869 | 8,869 |
| KBC GROUP NV ADR | 1,929 | 1,929 |
| KEYCORP NEW | 2,143 | 2,143 |
| LI NING CO LTD ADR | 1,036 | 1,036 |
| LILLY ELI & CO | 6,948 | 6,948 |
| LINDE PLC NEW EUR | 6,699 | 6,699 |
| LOCKHEED MARTIN CORP | 3,888 | 3,888 |
| LONDON STK EXCHANGE UNSPONSORED ADR | 1,856 | 1,856 |
| MASTERCARD INC CL A | 5,266 | 5,266 |
| MCDONALDS CORP | 4,928 | 4,928 |
| MERCK & CO INC COM | 4,079 | 4,079 |
| MERCK KGAA SPON ADR | 1,346 | 1,346 |
| META PLATFORMS INC CL A | 13,467 | 13,467 |
| MICROSOFT CORP | 26,133 | 26,133 |
| MIDDLEBY CORP DELA | 2,167 | 2,167 |
| MITSUI FUDOSAN CO LTD 1 ADR | 1,102 | 1,102 |
| MIZUHO FINANCIAL GROUP INC SPON ADR | 2,298 | 2,298 |
| MONOLITHIC POWER SYSTEMS INC | 1,775 | 1,775 |
| MOOG INC CLA | 3,543 | 3,543 |
| MORGAN ST AN LEY | 7,292 | 7,292 |
| MTU AERO ENGINES HLDGS AG ADR | 2,982 | 2,982 |
| MYRIAD GENETICS INC NEW | 946 | 946 |
| NITORI HLDGS CO LTD ADR | 1,752 | 1,752 |
| NOMURA RESEARCH INSTITUTE LTD ADR | 1,498 | 1,498 |
| NORFOLK STHN CORP | 4,694 | 4,694 |
| NOVO NORDISK A/S SPON ADR | 2,925 | 2,925 |
| NVIDIA CORP | 18,398 | 18,398 |
| 0 REILLY AUTOMOTIVE INC | 2,372 | 2,372 |
| ON SEMICONDUCTOR CORP | 1,765 | 1,765 |
| ORACLE CORP | 7,999 | 7,999 |
| P. T. TELEKOMUNIKASI INDONESIA SPON ADR | 855 | 855 |
| PALO ALTO NETWORKS INC | 2,911 | 2,911 |
| PAPA JOHNS INTL INC | 1,684 | 1,684 |
| PARKER HANNIFIN CORP | 2,544 | 2,544 |
| PENN ENTERTAINMENT INC | 852 | 852 |
| PERNOD RICARD SA SPON ADR | 1,214 | 1,214 |
| PIRAEUS BK SA ADR | 2,070 | 2,070 |
| PROCTER & GAMBLE CO | 7,041 | 7,041 |
| PROGRESSIVE CORP OHIO | 3,594 | 3,594 |
| PROLOGIS INC COM | 3,277 | 3,277 |
| PT BK MANDIRI PERSERO TBK ADR | 1,407 | 1,407 |
| PUMA SE UNSPONSORED ADR | 1,015 | 1,015 |
| QIAGEN N.V. EUR | 2,093 | 2,093 |
| RAYMOND JAMES FINANCIAL CORP | 3,262 | 3,262 |
| RECRUIT HLDGS CO LTD UN SPONSORED ADR | 1,439 | 1,439 |
| REINSURANCE GROUP AMER INC NEW | 3,418 | 3,418 |
| RELX PLC SPON ADR | 4,088 | 4,088 |
| RENESAS ELECTRONICS CORP ADR | 886 | 886 |
| REPUBLIC SERVICES INC | 2,414 | 2,414 |
| ROCHE HLDG LTD SPONS ADR SWITZ ADR | 1,779 | 1,779 |
| RTX CORP | 7,175 | 7,175 |
| RYANAIR HOLDINGS PLC SPON ADR | 2,180 | 2,180 |
| RYDER SYSTEM INC | 3,294 | 3,294 |
| S&P GLOBAL INC | 1,992 | 1,992 |
| SALESFORCE, INC. | 4,346 | 4,346 |
| SAMPO OYJ ADR | 1,700 | 1,700 |
| SAP SE SPON ADR | 1,723 | 1,723 |
| SBA COMMUNICATIONS CORP NEW REIT | 2,038 | 2,038 |
| SEMPRA | 3,597 | 3,597 |
| SHERWIN WILLIAMS CO | 3,059 | 3,059 |
| SHIN ETSU CHEM CO LTD ADR | 1,140 | 1,140 |
| SIEMENS AG SPON ADR | 1,837 | 1,837 |
| SIEMENS HEALTHINEERS AG ADR | 1,579 | 1,579 |
| SMITH AO CORP | 2,456 | 2,456 |
| SNAP ON INC | 3,055 | 3,055 |
| SONOCO PRODUCTS CO | 1,710 | 1,710 |
| STARBUCKS CORP | 4,380 | 4,380 |
| SUNCOR ENERGY INC NEW CAD | 2,176 | 2,176 |
| SUZUKI MOTOR CORP LTD ADR | 1,441 | 1,441 |
| SYSCO CORP | 3,747 | 3,747 |
| TAIWAN SEMICONDUCTOR MFG CO LTD ADR | 6,320 | 6,320 |
| TECHTRONIC INDS SPON ADR | 1,771 | 1,771 |
| TELEDYNE TECHNOLOGIES INC | 3,249 | 3,249 |
| TENCENT HLDGS LTD ADR | 3,776 | 3,776 |
| THALES UNSPONSORD ADR | 1,943 | 1,943 |
| THERMO FISHER SCIENTIFIC INC | 2,081 | 2,081 |
| TJX COS INC NEW | 4,712 | 4,712 |
| TOKYO ELECTRON LTD ADR | 1,510 | 1,510 |
| TRANSDIGM GROUP INC | 2,535 | 2,535 |
| TRAVELERS COS INC/THE | 2,891 | 2,891 |
| UNILEVER PLC AMER SHS NEW SPON ADR | 4,479 | 4,479 |
| UNION PACIFIC CORP | 2,280 | 2,280 |
| UNITEDHEALTH GROUP INC | 10,117 | 10,117 |
| UNIVERSAL MUSIC GRO ADR | 1,799 | 1,799 |
| VALMONT INDUSTRIES INC | 2,147 | 2,147 |
| VERIZON COMMUNICATIONS INC | 2,519 | 2,519 |
| VISA INC CLA | 6,953 | 6,953 |
| WALMART INC | 9,758 | 9,758 |
| WEBSTER FINANCIAL CORP | 2,154 | 2,154 |
| WEC ENERGY GROUP INC COM | 1,975 | 1,975 |
| WELLS FARGO & CO NEW | 6,954 | 6,954 |
| WEXINC | 1,929 | 1,929 |
| WOODWARD INC | 2,829 | 2,829 |
| YUM! BRANDS INC | 3,488 | 3,488 |
| 31 GROUP PLC AD R | 1,085 | 1,085 |
| 3M CO | 5,938 | 5,938 |
| HENKEL AG & CO KGAA PFD SPON | 1,269 | 1,269 |
| MORGAN STANLEY FINANCE T-SS SPX | 722,740 | 722,740 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ACCRUED INTEREST | FMV | 13,925 | 13,925 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL MANAGEMENT FEE-UBS | 12,500 | 12,507 | 0 | |
| MN FILING FEE | 25 | 0 | 25 | |
| PROFESSIONAL FEES | 8,408 | 8,408 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| UBS - ACCRUED INTEREST | 92 | 0 | 92 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN (LOSSES) - UBS | 199,103 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 485 | 483 | 0 |