| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 732 ALGONQUIN POWER & UTILITY PFD | 19,552 | 15,606 |
| 4851 ARCH CAPITAL GROUP LTD. 5.45% | 123,494 | 98,475 |
| 4156 ENBRIDGE INC PFD | 111,717 | 101,406 |
| 2131 RENAISSANCERE HOLDING 5.75% | 55,520 | 46,157 |
| 739 AFFILIATED MANAGERS GROUP PFD | 19,258 | 15,356 |
| 1651 AFFILIATED MANAGERS GROUP 4.75% PFD | 41,337 | 27,770 |
| 380 THE ALLSTATE CORP 5.1% PFD | 10,021 | 9,420 |
| 2348 THE ALLSTATE CORP PFD 4.750% | 59,584 | 46,983 |
| 3115 THE ALLSTATE CORP PFD 5.10% | 78,165 | 61,708 |
| 4159 THE ALLSTATE CORP PFD 5.625% | 112,874 | 90,375 |
| 1548 AMERICAN FINANCIAL GROUP PFD | 41,328 | 31,904 |
| 4316 AMERICAN INTL GROUP PFD 5.85% | 114,981 | 92,406 |
| 781 ASSOC BANC-CORP 5.625% PFD | 19,442 | 16,018 |
| 1677 ASSOC BANC-CORP 5.875% | 44,959 | 37,062 |
| 4861 AT&T R706 4.75% PFD | 122,495 | 84,776 |
| 4649 AT&T 5.0% PFD | 115,875 | 85,309 |
| 2488 BANK OF AMERICA 4.375% | 62,066 | 43,664 |
| 3088 BANK OF AMERICA 5.0% PFD | 77,225 | 60,062 |
| 2237 BANK OF AMERICA 5.375% | 57,987 | 46,843 |
| 1339 BANK OF AMERICA 5.875% | 35,483 | 31,065 |
| 776 W.R BERKLEY CORPORATION | 19,313 | 15,737 |
| 807 W.R. BERKLEY CORPORATION 4.25%PFD | 20,286 | 14,946 |
| 2422 CAPITAL ONE FIN CORP 4.8% PFD | 60,443 | 42,143 |
| 6070 CAPITAL ONE FIN CORP 5.0% PFD | 151,949 | 109,260 |
| 2097 THE CHARLES SCHWAB 5.95 PFD | 56,086 | 49,468 |
| 4762 CITIGROUP INC 6.875% | 133,240 | 119,193 |
| 2548 CITIGROUP INC 7.125% PFD | 71,615 | 64,108 |
| 4079 CITIZENS FINANCIAL GROUP 5.0% PFD | 129,587 | 98,700 |
| 2771 CITIZENS FINANCIAL GROUP 6.35% PFD | 74,721 | 65,118 |
| 1394 CMS ENERGY CORP | 36,803 | 30,347 |
| 1676 CULLEN/FROST BANKERS INC 4.45% | 42,137 | 31,006 |
| 1459 DTE ENERGY CO 5.25% | 38,653 | 30,931 |
| 694 DUKE ENERGY CORP 5.625% PFD | 18,592 | 15,823 |
| 1459 DUKE ENERGY CORP 5.75% PFD | 39,776 | 34,126 |
| 1367 ENTERGY ARKANSAS LLC | 35,365 | 27,477 |
| 1403 ENTERGY LOUISIANA LLC 4.875% PFD | 36,307 | 28,439 |
| 2130 ENTERGY MISSISSIPPI LLC 4.9% PFD | 55,565 | 43,388 |
| 1628 EQUITABLE HOLDINGS 5.25% PFD | 41,865 | 30,623 |
| 3929 FIFTH THIRD BANCORP 4.95% PFD | 91,092 | 78,109 |
| 2192 FIFTH THIRD BANCORP 6.625% PFD | 61,353 | 53,748 |
| 1631 FIRST REPUBLIC BANK 4.125% PFD | 40,842 | 26,096 |
| 1572 FIRST REPUBLIC BANK 4.7% PFD | 39,847 | 29,161 |
| 1101 FIRST REPUBLIC BANK 5.125% PFD | 27,733 | 21,668 |
| 2282 FIRST REPUBLIC BANK 5.5% PFD | 59,596 | 48,378 |
| 1424 GEORGIA POWER CO 5.0% | 37,000 | 33,507 |
| 4733 GOLDMAN SACHS GROUP INC SER D 4% | 100,810 | 87,277 |
| 6099 GOLDMAN SACHS GROUP INC 5.5% PFD | 159,445 | 150,340 |
| 2077 GOLDMAN SACHS GROUP INC 6.375% PFD | 58,692 | 51,447 |
| 1484 THE HARTFORD FINL SVCS GRP 6.0% PFD | 40,439 | 37,367 |
| 2326 JP MORGAN CHASE 4.75% PFD | 58,635 | 44,799 |
| 2106 JP MORGAN CHASE 5.75% PFD | 57,064 | 49,259 |
| 4410 JP MORGAN CHASE 6.0% PFD | 118,895 | 109,192 |
| 2431 KEYCORP 5.625% PFD | 62,476 | 50,468 |
| 1423 KEYCORP 5.65% PFD | 37,010 | 29,570 |
| 4930 KEYCORP 6.125% PFD | 141,666 | 114,277 |
| 4916 METLIFE INC 4.75% PFD | 118,337 | 92,217 |
| 5574 METLIFE INC 5.625% | 149,952 | 128,313 |
| 1854 MORGAN STANLEY 4.0% PFD | 40,356 | 35,115 |
| 3874 MORGAN STANLEY SER E | 111,054 | 97,431 |
| 3192 MORGAN STANLEY 4.875% PFD | 81,792 | 63,010 |
| 2227 MORGAN STANLEY 5.85% PFD | 61,034 | 51,243 |
| 1700 MORGAN STANLEY 6.375% | 35,395 | 41,242 |
| 1632 MORGAN STANLEY 6.875% PFD | 45,906 | 40,767 |
| 1449 NEXTERA ENERGY 5.65% PFD | 38,672 | 33,124 |
| 1559 NORTHERN TRUST CORP 4.1% PFD | 39,160 | 30,868 |
| 4047 NY COMMUNITY BANCORP INC 6.375% PD | 113,981 | 87,860 |
| 714 PRUDENTIAL FINANCIAL INC 5.625% PFD | 18,900 | 17,479 |
| 2411 PRUDENTIAL FINANCIAL INC 4.125% PFD | 61,135 | 43,760 |
| 1375 PUBLIC STORAGE 5.15% PFD | 35,689 | 28,985 |
| 2175 REGIONS FINANCIAL CORP 5.7% PFD | 58,259 | 49,547 |
| 2503 REGIONS FINANCIAL CORP 6.375% PFD | 71,218 | 60,047 |
| 698 SOUTHERN CO. 5.25% PFD | 18,336 | 14,784 |
| 3452 STATE STREET CORP 5.35% PFD | 83,938 | 81,157 |
| 2454 STATE STREET CORP 5.9% PFD | 66,148 | 59,141 |
| 704 STIFEL FINANCIAL CORP 5.28% PFD | 18,212 | 14,200 |
| 2297 STIFEL FINANCIAL CORP 6.125% PFD | 59,175 | 55,174 |
| 2358 SVB FINANCIAL GROUP 5.25% PFD | 60,632 | 40,440 |
| 2209 SYNOVUS FINANCIAL CORP 5.875% PFD | 57,024 | 48,046 |
| 4753 TRUIST FNL CORP 4.75% PFD | 121,179 | 90,735 |
| 2295 TRUIST FNL CORP 5.25% PFD | 57,270 | 48,906 |
| 3344 US BANCORP SER B 5.56% PFD | 69,647 | 61,530 |
| 1685 US BANCORP 3.75% | 41,678 | 26,118 |
| 1472 US BANCORP SER K 5.5% | 39,511 | 32,840 |
| 4682 VOYA FINANCIAL INC 5.35% | 115,541 | 97,096 |
| 2794 WEBSTER FINANCIAL CORP 5.25% | 70,713 | 52,890 |
| 1566 DIGITAL RLTY TR 5.2% PFD | 39,641 | 31,649 |
| 1707 KIMCO REALTY CORP 5.125% PFD | 40,674 | 33,833 |
| 1677 KIMCO REALTY CORP 5.25% PFD | 42,193 | 34,127 |
| 1579 PS BUSINESS PARKS INC 4.875% PFD | 39,247 | 17,558 |
| 1415 PS BUSINESS PARKS INC 5.2% PFD | 36,101 | 18,890 |
| 1404 PS BUSINESS PARKS INC 5.25% PFD | 36,382 | 18,884 |
| 1591 PUBLIC STORAGE 4.625% PFD | 39,214 | 30,404 |
| 1154 PUBLIC STORAGE 5.05% | 29,605 | 24,961 |
| 720 PUBLIC STORAGE 5.6% PFD | 19,454 | 16,769 |
| 1422 VORNANDO REALTY TR 5.25% SER M PFD | 36,255 | 22,837 |
| 2013 VORNANDO REALTY TR 5.25% SER N PFD | 50,347 | 32,691 |
| 300 ACCENTURE PLC | 44,272 | 80,052 |
| 50 ADOBE INC | 23,161 | 16,826 |
| 575 AIR PRODUCTS | 84,187 | 177,249 |
| 1000 ALPHABET CLASS A | 41,676 | 88,230 |
| 260 ALPHABET CLASS C | 14,073 | 23,070 |
| 1000 AMAZON.COM INC | 38,415 | 84,000 |
| 200 AMGEN INC | 29,836 | 52,528 |
| 1200 APPLE INC | 35,114 | 155,916 |
| 1350 BANK OF AMERICA CORP | 30,242 | 44,712 |
| 225 CHARLES SCHWAB | 10,061 | 18,734 |
| 300 CHEVRON CORP. | 36,029 | 53,847 |
| 650 CISCO SYSTEMS | 30,124 | 30,966 |
| 975 COLGATE-PALMOLIVE | 62,903 | 76,820 |
| 200 COSTCO WHOLESALE CO | 37,316 | 91,300 |
| 384 DUPONT DENEMOURS, INC | 32,236 | 26,354 |
| 1125 EMERSON ELECTRIC CO | 64,142 | 108,068 |
| 475 EOG RESOURCES INC | 60,578 | 61,522 |
| 525 EXXON MOBIL CORP | 43,629 | 57,908 |
| 425 META PLATFORMS INC | 50,485 | 51,145 |
| 400 GENUINE PARTS CO | 35,749 | 69,404 |
| 50 HOME DEPOT | 8,805 | 15,793 |
| 462 JP MORGAN CHASE & CO | 41,268 | 61,954 |
| 75 JOHNSON & JOHNSON | 10,950 | 13,249 |
| 175 L3HARRIS TECHNOLOGIES | 37,047 | 36,437 |
| 63 MC DONALDS CORP | 11,983 | 16,602 |
| 900 MERCK & CO., INC | 55,333 | 99,855 |
| 500 MICROSOFT | 54,000 | 119,910 |
| 400 NEXTERA ENERGY INC | 17,643 | 33,440 |
| 75 PEPSICO INC | 8,894 | 13,550 |
| 1050 ROCHE HOLDING | 29,881 | 41,107 |
| 425 STRYKER CORP | 54,075 | 103,908 |
| 187 TAIWAN SEMICONDUCTOR | 7,107 | 13,930 |
| 100 THERMO FISHER SCIENTIFIC | 29,047 | 55,069 |
| 275 UNITED HEALTH GRP INC | 47,542 | 145,800 |
| 1175 VERIZON COMMUNICATION | 58,851 | 46,295 |
| 475 VISA INC | 38,782 | 98,686 |
| 325 ZOETIS INC. | 28,392 | 47,629 |
| 2209031 TELECENTRIS, INC. | 2,880,000 | 1 |
| 1717 ARCH CAPITAL GRP 4.55% PFD | 42,970 | 29,653 |
| 1704 BANK OF AMERICA 4.25% PFD | 42,583 | 28,883 |
| 1670 CHARLES SCHWAB 4.45% PFD | 42,514 | 30,895 |
| 375 CONSTELLATION BRAND | 83,415 | 86,906 |
| 300 DOLLAR GENERAL CORP | 60,059 | 73,875 |
| 525 EDWARDS LIFESCIENCES | 44,975 | 39,170 |
| 860 EQUITABLE HOLDINGS 4.3% PFD | 21,510 | 15,213 |
| 851 FIRST HORIZON 4.7% PFD | 21,195 | 17,148 |
| 3309 JP MORGAN CHASE 4.55% PFD | 83,024 | 61,580 |
| 1705 JP MORGAN CHASE 4.2% PFD | 42,760 | 29,752 |
| 851 MORGAN STANLEY 4.25% PFD | 21,207 | 14,620 |
| 814 PUBLIC STORAGE 3.9% PFD | 20,554 | 13,317 |
| 1701 REGIONS FINANCIAL 4.45% PFD | 42,389 | 29,665 |
| 856 RENAISSANCERE 4.2% PFD | 21,706 | 13,893 |
| 175 ROPER TECHNOLOGIES | 85,555 | 75,616 |
| 1550 TRUIST FINL CORP | 84,267 | 66,696 |
| 1707 US BANCORP 4.0% PFD | 42,210 | 27,722 |
| 3363 BANK OF AMERICA 4.125% PFD | 84,175 | 56,162 |
| 857 CMS ENERGY CORP 4.2% PFD | 21,579 | 15,143 |
| 861 GLOBE LIFE INC 4.25% PFD | 21,852 | 15,412 |
| 3349 HUNTINGTON BANK 4.5% PFD | 83,826 | 56,799 |
| 1719 PUBLIC STORAGE 4.0% PFD | 43,029 | 28,587 |
| M&T BANK COR 5.625% | 73,455 | 64,350 |