| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 732 ALGONQUIN POWER & UTILITY PFD | 19,552 | 19,910 |
| 3943 ARCH CAPITAL GROUP LTD. 5.25% | ||
| 4851 ARCH CAPITAL GROUP LTD. 5.45% | 123,494 | 124,768 |
| 4156 ENBRIDGE INC PFD | 111,717 | 111,090 |
| 2131 RENAISSANCERE HOLDING 5.75% | 55,520 | 56,237 |
| 739 AFFILIATED MANAGERS GROUP PFD | 19,258 | 19,946 |
| 1651 AFFILIATED MANAGERS GROUP 4.75% PFD | 41,337 | 43,454 |
| 2078 ALABAMA POWER CO 5.0% | 54,145 | 53,696 |
| 380 THE ALLSTATE CORP 5.1% PFD | 10,021 | 10,036 |
| 2348 THE ALLSTATE CORP PFD 4.750% | 59,584 | 62,762 |
| 3115 THE ALLSTATE CORP PFD 5.10% | 78,165 | 84,479 |
| 4159 THE ALLSTATE CORP PFD 5.625% | 112,874 | 109,506 |
| 1548 AMERICAN FINANCIAL GROUP PFD | 41,328 | 42,307 |
| 4316 AMERICAN INTL GROUP PFD 5.85% | 114,981 | 116,920 |
| 745 ASSOC BANC-CORP 5.375% | ||
| 781 ASSOC BANC-CORP 5.625% PFD | 19,442 | 21,446 |
| 1677 ASSOC BANC-CORP 5.875% | 44,959 | 45,162 |
| 4861 AT&T R706 4.75% PFD | 122,495 | 127,650 |
| 4649 AT&T 5.0% PFD | 115,875 | 124,593 |
| 2488 BANK OF AMERICA 4.375% | 62,066 | 63,643 |
| 3088 BANK OF AMERICA 5.0% PFD | 77,225 | 82,079 |
| 2237 BANK OF AMERICA 5.375% | 57,987 | 59,996 |
| 1339 BANK OF AMERICA 5.875% | 35,483 | 35,256 |
| 2191 BANK OF AMERICA 6.00% | ||
| BANK OF AMERICA 6.2% | ||
| 776 W.R BERKLEY CORPORATION | 19,313 | 21,138 |
| 807 W.R. BERKLEY CORPORATION 4.25%PFD | 20,286 | 21,377 |
| W.R. BERKLEY CORPORATION 5.75% PFD | ||
| W.R. BERKLEY CORPORATION 5.9% PFD | ||
| 2422 CAPITAL ONE FIN CORP 4.8% PFD | 60,443 | 63,020 |
| 6070 CAPITAL ONE FIN CORP 5.0% PFD | 151,949 | 162,372 |
| CAPITAL ONE FIN CORP 5.2% PFD | ||
| 2097 THE CHARLES SCHWAB 5.95 PFD | 56,086 | 53,431 |
| 6530 CHARLES SCHWAB 6% PFD | ||
| CITIGROUP INC 6.3% PFD | ||
| 4762 CITIGROUP INC 6.875% | 133,240 | 131,622 |
| 2548 CITIGROUP INC 7.125% PFD | 71,615 | 69,713 |
| 4079 CITIZENS FINANCIAL GROUP 5.0% PFD | 129,587 | 135,368 |
| 2771 CITIZENS FINANCIAL GROUP 6.35% PFD | 74,721 | 76,396 |
| 1394 CMS ENERGY CORP | 36,803 | 36,843 |
| 1676 CULLEN/FROST BANKERS INC 4.45% | 42,137 | 43,744 |
| DOMINION ENERGY INC 5.25% | ||
| 1459 DTE ENERGY CO 5.25% | 38,653 | 37,701 |
| DTE ENERGY CO 5.375% PFD | ||
| DTE ENERGY CO 6.0% PFD | ||
| 694 DUKE ENERGY CORP 5.325% PFD | 18,592 | 18,544 |
| 1459 DUKE ENERGY CORP 5.75% PFD | 39,776 | 39,918 |
| 1367 ENTERGY ARKANSAS LLC | 35,365 | 34,968 |
| 1403 ENTERGY LOUISIANA LLC 4.875% PFD | 36,307 | 35,496 |
| 2130 ENTERGY MISSISSIPPI LLC 4.9% PFD | 55,565 | 54,059 |
| ENTERGY NEW ORLEANS LLC 5.5% PFD | ||
| 1628 EQUITABLE HOLDINGS 5.25% PFD | 41,865 | 43,142 |
| 3929 FIFTH THIRD BANCORP 4.95% PFD | 91,092 | 103,843 |
| 2192 FIFTH THIRD BANCORP 6.625% PFD | 61,353 | 61,025 |
| 1631 FIRST REPUBLIC BANK 4.125% PFD | 40,842 | 41,281 |
| 1572 FIRST REPUBLIC BANK 4.7% PFD | 39,847 | 42,271 |
| 1101 FIRST REPUBLIC BANK 5.125% PFD | 27,733 | 28,120 |
| 2282 FIRST REPUBLIC BANK 5.5% PFD | 59,596 | 61,545 |
| GATX CORP 5.625% PFD | ||
| 1424 GEORGIA POWER CO 5.0% | 37,000 | 36,853 |
| 4733 GOLDMAN SACHS GROUP INC SER D 4% | 100,810 | 120,360 |
| 6099 GOLDMAN SACHS GROUP INC 5.5% PFD | 159,445 | 161,319 |
| 2077 GOLDMAN SACHS GROUP INC 6.375% PFD | 58,692 | 58,509 |
| 1484 THE HARTFORD FINL SVCS GRP 6.0% PFD | 40,439 | 39,949 |
| 2791 THE HARTFORD FINL SVCS GRP 7.875% | 80,433 | 71,031 |
| 2326 JP MORGAN CHASE 4.75% PFD | 58,635 | 61,267 |
| 2106 JP MORGAN CHASE 5.75% PFD | 57,064 | 56,609 |
| 4410 JP MORGAN CHASE 6.0% PFD | 118,895 | 120,173 |
| 2431 KEYCORP 5.625% PFD | 62,476 | 66,172 |
| 1423 KEYCORP 5.65% PFD | 37,010 | 37,909 |
| 4930 KEYCORP 6.125% PFD | 141,666 | 149,083 |
| 4916 METLIFE INC 4.75% PFD | 118,337 | 125,850 |
| 5574 METLIFE INC 5.625% | 149,952 | 147,154 |
| 1854 MORGAN STANLEY 4.0% PFD | 40,356 | 46,535 |
| 3874 MORGAN STANLEY SER E | 111,054 | 107,116 |
| 3192 MORGAN STANLEY 4.875% PFD | 81,792 | 84,428 |
| 2227 MORGAN STANLEY 5.85% PFD | 61,034 | 64,783 |
| 1700 MORGAN STANLEY 6.375% | 35,395 | 47,940 |
| 1632 MORGAN STANLEY 6.875% PFD | 45,906 | 45,223 |
| NATIONAL RURAL UTIL COOP | ||
| 1449 NEXTERA ENERGY 5.65% PFD | 38,672 | 40,239 |
| 2798 NEXTERA ENERGY CAPITAL 5.25% PFD | ||
| 1559 NORTHERN TRUST CORP 4.1% PFD | 39,160 | 42,264 |
| 4047 NY COMMUNITY BANCORP INC 6.375% PD | 113,981 | 114,813 |
| 2750 PEOPLE'S UNITED FIN INC 5.625% PFD | 73,455 | 76,588 |
| 9547 PNC FINANCIAL SERVICES 6.125% PFD | 259,300 | 245,740 |
| 714 PRUDENTIAL FINANCIAL INC 5.625% PFD | 18,900 | 19,392 |
| 2411 PRUDENTIAL FINANCIAL INC 4.125% PFD | 61,135 | 62,782 |
| 1375 PUBLIC STORAGE 5.15% PFD | 35,689 | 35,310 |
| 2175 REGIONS FINANCIAL CORP 5.7% PFD | 58,259 | 62,858 |
| 2503 REGIONS FINANCIAL CORP 6.375% PFD | 71,218 | 72,362 |
| 698 SOUTHERN CO. 5.25% PFD | 18,336 | 18,302 |
| 1543 SOUTHERN CO 5.25% PFD | ||
| 3452 STATE STREET CORP 5.35% PFD | 83,938 | 98,762 |
| 2454 STATE STREET CORP 5.9% PFD | 66,148 | 67,019 |
| 704 STIFEL FINANCIAL CORP 5.28% PFD | 18,212 | 18,360 |
| 2297 STIFEL FINANCIAL CORP 6.125% PFD | 59,175 | 62,318 |
| 2358 SVB FINANCIAL GROUP 5.25% PFD | 60,632 | 63,359 |
| 2209 SYNOVUS FINANCIAL CORP 5.875% PFD | 57,024 | 59,643 |
| 4753 TRUIST FNL CORP 4.75% PFD | 121,179 | 126,382 |
| TRUIST FNL CORP 5.2% PFD | ||
| 2295 TRUIST FNL CORP 5.25% PFD | 57,270 | 63,755 |
| 2777 TRUIST FNL CORP 5.625% PFD | ||
| 3344 US BANCORP SER B 5.56% PFD | 69,647 | 82,998 |
| 1685 US BANCORP 3.75% | 41,678 | 40,373 |
| 1472 US BANCORP SER K 5.5% | 39,511 | 39,037 |
| 7610 US BANCORP 6.5% PFD | 210,229 | 190,250 |
| 4682 VOYA FINANCIAL INC 5.35% | 115,541 | 131,586 |
| 2794 WEBSTER FINANCIAL CORP 5.25% | 70,713 | 72,392 |
| 1566 DIGITAL RLTY TR 5.2% PFD | 39,641 | 41,937 |
| 1707 KIMCO REALTY CORP 5.125% PFD | 40,674 | 43,597 |
| 1677 KIMCO REALTY CORP 5.25% PFD | 42,193 | 43,719 |
| NATIONAL RETAIL PROP INC 5.2% PFD | ||
| 1579 PS BUSINESS PARKS INC 4.875% PFD | 39,247 | 42,728 |
| 1415 PS BUSINESS PARKS INC 5.2% PFD | 36,101 | 36,917 |
| 1404 PS BUSINESS PARKS INC 5.25% PFD | 36,382 | 36,209 |
| 1591 PUBLIC STORAGE 4.625% PFD | 39,214 | 42,607 |
| 1640 PUBLIC STORAGE 4.9% PFD | ||
| 1154 PUBLIC STORAGE 5.05% | 29,605 | 29,612 |
| 720 PUBLIC STORAGE 5.6% PFD | 19,454 | 19,570 |
| 1422 VORNANDO REALTY TR 5.25% SER M PFD | 36,255 | 36,346 |
| 2013 VORNANDO REALTY TR 5.25% SER N PFD | 50,347 | 53,324 |
| 24508 UBS E-TRACS ALERIAN MLP | 541,186 | 377,178 |
| 81321.11 PIMCO COMMODITY REAL RE | 451,854 | 516,389 |
| 300 ACCENTURE PLC | 44,272 | 124,365 |
| 50 ADOBE INC | 23,161 | 28,353 |
| 575 AIR PRODUCTS | 84,187 | 174,949 |
| 50 ALPHABET CLASS A | 41,676 | 144,852 |
| 13 ALPHABET CLASS C | 14,073 | 37,617 |
| 50 AMAZON.COM INC | 38,415 | 166,717 |
| 200 AMGEN INC | 29,836 | 44,994 |
| 1325 APPLE INC | 38,775 | 235,280 |
| 1350 BANK OF AMERICA CORP | 30,242 | 60,062 |
| BERKSHIRE HATHAWAY | ||
| 225 CHARLES SCHWAB | 10,061 | 18,923 |
| 300 CHEVRON CORP. | 36,029 | 35,205 |
| 650 CISCO SYSTEMS | 30,124 | 41,191 |
| 975 COLGATE-PALMOLIVE | 62,903 | 83,207 |
| 200 COSTCO WHOLESALE CO | 37,316 | 113,540 |
| 150 DOMINION ENERGY INC | 11,057 | 11,784 |
| 384 DUPONT DENEMOURS, INC | 32,236 | 31,020 |
| 1125 EMERSON ELECTRIC CO | 64,142 | 104,591 |
| 475 EOG RESOURCES INC | 60,578 | 42,194 |
| 750 EXXON MOBIL CORP | 62,350 | 45,893 |
| 425 META PLATFORMS INC | 50,485 | 142,949 |
| 400 GENUINE PARTS CO | 35,749 | 56,080 |
| 50 HOME DEPOT | 8,805 | 20,751 |
| 462 JP MORGAN CHASE & CO | 41,268 | 73,158 |
| 75 JOHNSON & JOHNSON | 10,950 | 12,830 |
| 1750 KINDER MORGAN, INC | 32,957 | 27,755 |
| 175 L3HARRIS TECHNOLOGIES | 37,047 | 37,317 |
| 63 MC DONALDS CORP | 11,983 | 16,888 |
| 900 MERCK & CO., INC | 55,333 | 68,976 |
| 500 MICROSOFT | 54,000 | 168,160 |
| 100 NESTLE S A | 8,537 | 14,037 |
| 400 NEXTERA ENERGY INC | 17,643 | 37,344 |
| 138 PAYPAL HOLDINGS INC | 11,624 | 26,024 |
| 75 PEPSICO INC | 8,894 | 13,028 |
| 1050 ROCHE | 29,881 | 54,275 |
| 100 STARBUCKS CORP | 8,670 | 11,697 |
| 825 STERICYCLE INC | 63,852 | 49,203 |
| 425 STRYKER CORP | 54,075 | 113,654 |
| 187 TAIWAN SEMICONDUCTOR | 7,107 | 22,498 |
| 100 THERMO FISHER SCIENTIFIC | 29,047 | 66,724 |
| 225 TJX COMPANIES | 10,589 | 17,082 |
| 75 UNION PACIFIC CORP | 11,274 | 18,895 |
| 275 UNITED HEALTH GRP INC | 47,542 | 138,088 |
| 1175 VERIZON COMMUNICATION | 58,851 | 61,053 |
| 475 VISA INC | 38,782 | 102,937 |
| 1220 VODAFONE GROUP | 30,209 | 17,916 |
| 325 ZOETIS INC. | 28,392 | 79,310 |
| 2209031 TELECENTRIS, INC. | 2,880,000 | 1 |
| 1717 ARCH CPITAL GRP 4.55% PFD | 42,970 | 44,402 |
| 1704 BANK OF AMERICA 4.25% PFD | 42,583 | 43,230 |
| 1670 CHARLES SCHWAB 4.45% PFD | 42,514 | 43,604 |
| 375 CONSTELLATION BRAND | 83,415 | 94,114 |
| 100 DOCUSIGN | 20,785 | 15,231 |
| 300 DOLLAR GENERAL CORP | 60,059 | 70,749 |
| 525 EDWARDS LIFESCIENCES | 44,975 | 68,014 |
| 860 EQUITABLE 4.3% PFD | 21,510 | 21,715 |
| 851 FIRST HORIZON 4.7% PFD | 21,195 | 21,513 |
| 3309 JP MORGAN CHASE 4.55% PFD | 83,024 | 86,398 |
| 1705 JP MORGAN CHASE 4.2% PFD | 42,760 | 43,512 |
| 851 MORGAN STANLEY 4.25% PFD | 21,207 | 21,471 |
| 814 PUBLIC STORAGE 3.9% PFD | 20,554 | 20,431 |
| 1701 REGIONS FINANCILA 4.45% PFD | 42,389 | 43,205 |
| 856 RENAISSANCERE 4.2% PFD | 21,706 | 21,546 |
| 175 ROPER TECHNOLOGIES | 85,555 | 86,076 |
| 1550 TRUIST FINL CORP | 84,267 | 90,753 |
| 1707 US BANCORP 4.0% PFD | 42,210 | 43,033 |
| 475 UBER TECHNOLOGIES INC | 26,633 | 19,917 |
| 3531.438 T ROWE PRICE EUROPEAN | 100,000 | 95,384 |
| 3363 BANK OF AMERICA 4.125% PFD | 84,175 | 85,454 |
| 857 CMS ENERGY CORP 4.2% PFD | 21,579 | 21,425 |
| 861 GLOBE LIFE INC 4.25% PFD | 21,852 | 22,300 |
| 3349 HUNTINGTON BANK 4.5% PFD | 83,826 | 88,012 |
| 1719 PUBLIC STORAGE 4.0% PFD | 43,029 | 43,130 |