| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M CO | 2,089,660 | 2,089,660 |
| ABBOTT LABS | 2,178,220 | 2,178,220 |
| ABBVIE INC | 1,013,450 | 1,013,450 |
| ALBEMARLE CORP | 2,200,118 | 2,200,118 |
| ALLY AUTO RECEIVABLES TRUST | 921,429 | 921,429 |
| AMAZON COM INC | 2,077,240 | 2,077,240 |
| AMERICAN EXPRESS CO | 1,512,243 | 1,512,243 |
| AMERICAN EXPRESS CO | 3,244,470 | 3,244,470 |
| AMERICAN EXPRESS CREDIT | 1,164,665 | 1,164,665 |
| AMERICAN HONDA FINANCIAL CORP | 2,102,280 | 2,102,280 |
| AMERICAN TOWER CORP | 1,066,270 | 1,066,270 |
| AMGEN INC | 1,035,470 | 1,035,470 |
| ANHEUSER BUSCH INBEV FINANCE INC | 2,102,660 | 2,102,660 |
| APACHE CORP | 990,100 | 990,100 |
| APPLE INC | 1,033,820 | 1,033,820 |
| APPLE INC | 1,035,400 | 1,035,400 |
| AT&T INC | 2,103,840 | 2,103,840 |
| BA CREDIT CARD TRUST | 801,548 | 801,548 |
| BA CREDIT CARD TRUST | 2,030,527 | 2,030,527 |
| BANK NOVA SCOTIA BC | 1,091,500 | 1,091,500 |
| BANK OF AMERICA CORP | 4,440,040 | 4,440,040 |
| BANK OF NEW YORK MELLON CORP | 2,107,420 | 2,107,420 |
| BARCLAYS BANK PLC | 3,029,700 | 3,029,700 |
| BAXALTA INC | 313,725 | 313,725 |
| BB&T CORP | 3,233,820 | 3,233,820 |
| BHP BILLITON FINANCE USA LTD | 2,070,780 | 2,070,780 |
| BLACKROCK INC | 3,323,250 | 3,323,250 |
| BMW VEHICLE LEASE | 1,020,515 | 1,020,515 |
| BOEING CO | 502,300 | 502,300 |
| BOSTON PROPERTIES LTD | 2,040,540 | 2,040,540 |
| BOSTON SCIENTIFIC CORP | 2,166,440 | 2,166,440 |
| BP CAPITAL MARKETS PLC | 2,099,480 | 2,099,480 |
| BUNGE LTD FINANCE CORP | 1,042,240 | 1,042,240 |
| BUNGE LTD FINANCE CORP | 2,185,520 | 2,185,520 |
| BURLINGTON NORTHN SANTA FE | 2,112,560 | 2,112,560 |
| CANADIAN IMPERIAL BANK OF COMMERCE | 4,363,280 | 4,363,280 |
| CANADIAN PACIFIC RAILWAY CO | 1,050,070 | 1,050,070 |
| CAPITAL ONE CRECDIT CARD TRUST | 1,450,746 | 1,450,746 |
| CAPITAL ONE CRECDIT CARD TRUST | 2,186,071 | 2,186,071 |
| CAPITAL ONE FINANCIALL CORP | 3,262,440 | 3,262,440 |
| CATERPILLAR FINANCIAL SVCS | 1,034,760 | 1,034,760 |
| CBS CORP | 1,035,250 | 1,035,250 |
| CHASE ISSUANCE TRUST | 2,058,021 | 2,058,021 |
| CHASE ISSUANCE TRUST | 1,450,785 | 1,450,785 |
| CHASE ISSUANCE TRUST | 1,421,590 | 1,421,590 |
| CISCO SYSTEMS INC | 1,012,200 | 1,012,200 |
| CITIBANK CCIT | 1,600,618 | 1,600,618 |
| CITIBANK CCIT | 1,699,123 | 1,699,123 |
| CITIGROUP INC | 2,296,793 | 2,296,793 |
| COMCAST CORP | 3,165,480 | 3,165,480 |
| COMERICA INC | 3,232,170 | 3,232,170 |
| CONNECTICUT LIGHTT & POWER CO | 2,081,820 | 2,081,820 |
| COOPER US INC | 2,013,500 | 2,013,500 |
| COOPERATIEVE CENTRALE RAIFFEISEN | 2,106,620 | 2,106,620 |
| COSTCO WHOLESALE CORP | 2,154,020 | 2,154,020 |
| CREDIT SUISSE NEW YORK | 4,418,320 | 4,418,320 |
| CSX CORP | 2,523,240 | 2,523,240 |
| CVS HEALTH CORP | 2,001,800 | 2,001,800 |
| DEERE JOHN CAPITAL CORP | 1,056,680 | 1,056,680 |
| DELMARVA POWER & LIGHT CO | 2,173,031 | 2,173,031 |
| DH EUROPE FINANCE II SARL | 4,207,080 | 4,207,080 |
| DIAGEO CAPITAL | 2,170,860 | 2,170,860 |
| DISCOVER BANK | 2,262,718 | 2,262,718 |
| DISCOVER CARD EXE TRUST | 1,452,861 | 1,452,861 |
| DISCOVER CARD EXE TRUST | 3,105,464 | 3,105,464 |
| DISNEY WALT CO | 2,082,020 | 2,082,020 |
| DOMINION ENERGY INC | 1,036,160 | 1,036,160 |
| DUKE ENERGY CAROLINAS LLC | 2,127,740 | 2,127,740 |
| EXPRESS SCRIPTS HOLDING CO | 1,412,572 | 1,412,572 |
| EXPRESS SCRIPTS HOLDING CO | 1,841,840 | 1,841,840 |
| FIFTH THIRD BANK | 1,016,030 | 1,016,030 |
| FIFTH THIRD BANK | 1,026,770 | 1,026,770 |
| FORD CREDIT FLOORPLAN | 1,152,944 | 1,152,944 |
| FORD CREDIT FLOORPLAN | 2,057,816 | 2,057,816 |
| GENERAL DYNAMICS CORP | 1,040,170 | 1,040,170 |
| GILEAD SCIENCES INC | 1,003,610 | 1,003,610 |
| GILEAD SCIENCES INC | 1,411,411 | 1,411,411 |
| GM FINANCIAL CONSUMER AUTO RECEIVABLES TRUST | 771,212 | 771,212 |
| GOLDMAN SACHS GROUP INC | 2,741,275 | 2,741,275 |
| HOME DEPOT INC | 2,210,860 | 2,210,860 |
| HONDA AUTO | 1,170,881 | 1,170,881 |
| HONDA AUTO | 1,551,356 | 1,551,356 |
| HSBC HOLDINGS PLC | 2,110,620 | 2,110,620 |
| HSBC HOLDINGS PLC | 2,149,420 | 2,149,420 |
| HYUNDAI AUTO RECEIVABLES TRUST | 1,675,427 | 1,675,427 |
| INTEL CORP | 2,243,800 | 2,243,800 |
| ITC HOLDINGS CORP | 2,176,500 | 2,176,500 |
| JPMORGAN CHASE & CO | 2,024,980 | 2,024,980 |
| KEYBANK NATIONAL ASSOCIATION | 1,776,443 | 1,776,443 |
| KEYCORP | 1,004,660 | 1,004,660 |
| KROGER CO | 2,088,280 | 2,088,280 |
| LOCKHEED MARTIN CORP | 1,140,801 | 1,140,801 |
| LOWES COS INC | 1,086,500 | 1,086,500 |
| MANUFACTURER AND TRADERS TRUST COMPANY | 1,034,450 | 1,034,450 |
| MEDTRONIC INC | 4,513,800 | 4,513,800 |
| METLIFE INC | 2,217,800 | 2,217,800 |
| MICROSOFT CORP | 200,814 | 200,814 |
| MORGAN STANLEY | 2,121,940 | 2,121,940 |
| NATIONAL AUSTRALIA BANK | 2,072,400 | 2,072,400 |
| NATIONAL RURAL UTILITIES COOPERATIVE | 1,032,300 | 1,032,300 |
| NEXTERA ENERGY CAP HOLDINGS INC | 1,061,210 | 1,061,210 |
| NISSAN AUTO RECEIVABLES TRUST | 1,110,349 | 1,110,349 |
| NORFOLK SOUTHERN CORP | 2,110,420 | 2,110,420 |
| NORTHROP GRUMMAN CORP | 2,089,860 | 2,089,860 |
| NOVARTIS CAPITAL CORP | 4,440,320 | 4,440,320 |
| OCCIDENTAL PETE CORP | 1,822,500 | 1,822,500 |
| ORACLE CORP | 2,067,960 | 2,067,960 |
| PACCAR FINANCIAL CORP | 2,081,800 | 2,081,800 |
| PACCAR FINANCIAL CORP | 2,105,900 | 2,105,900 |
| PEPSICO INC | 2,032,060 | 2,032,060 |
| PHILLIPS 66 | 1,060,140 | 1,060,140 |
| PNC BANK NA | 1,035,970 | 1,035,970 |
| PNC BANK NA | 518,850 | 518,850 |
| PPL ELECTRIC UTILITIES CORP | 2,043,700 | 2,043,700 |
| PROCTER AND GAMBLE CO | 3,255,900 | 3,255,900 |
| REPUBLIC SERVICES INC | 1,050,540 | 1,050,540 |
| ROPER TECHNOLOGIES INC | 504,525 | 504,525 |
| ROYAL BANK OF CANADA | 2,074,860 | 2,074,860 |
| SCHLUMBERGER INVESTMENT SA | 3,331,257 | 3,331,257 |
| SHELL INTERNATIONAL FINANCE BV | 2,029,080 | 2,029,080 |
| SIMON PROPERTY GROUP LP | 2,018,400 | 2,018,400 |
| SOUTHWEST AIRLINES | 1,000,610 | 1,000,610 |
| STANLEY BLACK & DECKER INC | 2,538,422 | 2,538,422 |
| STRYKER CORPORATION | 2,491,976 | 2,491,976 |
| SUNTRUST BANKS INC | 1,031,380 | 1,031,380 |
| SYNCHRONY CREDIT CARD MASTER NT | 1,705,059 | 1,705,059 |
| THE CHARLES SCHWAB CORPORATION | 4,206,560 | 4,206,560 |
| TORONTO DOMINION BANK | 2,029,040 | 2,029,040 |
| TOYOTA AUTO RECEIVABLES TRUST | 2,080,078 | 2,080,078 |
| TOYOTA MOTOR CREDIT CORP | 2,022,920 | 2,022,920 |
| TOYOTA MOTOR CREDIT CORP | 2,112,460 | 2,112,460 |
| U S BANCORP | 3,195,150 | 3,195,150 |
| UNILEVER CAP CORP | 2,138,960 | 2,138,960 |
| UNION PACIFIC CORP | 1,083,900 | 1,083,900 |
| UNITED PARCEL SERVICE INC | 2,101,300 | 2,101,300 |
| VERIZON COMMUNICATIONS INC | 2,781,600 | 2,781,600 |
| VERIZON OWNER TRUST | 2,044,043 | 2,044,043 |
| VISA INC | 2,013,180 | 2,013,180 |
| WALMART INC | 4,340,840 | 4,340,840 |
| WASTE MANAGEMENT INC | 522,560 | 522,560 |
| WASTE MANAGEMENT INC | 2,024,938 | 2,024,938 |
| WATSON PHARMACEUTICALS INC | 1,018,300 | 1,018,300 |
| WELLS FARGO CO | 2,018,520 | 2,018,520 |
| WORLD FINANCIAL NETWORK CREDIT CARD MASTER TRUST | 1,835,916 | 1,835,916 |
| WORLD OMNI AUTO | 1,538,685 | 1,538,685 |
| WORLD OMNI AUTO | 1,056,025 | 1,056,025 |
| YALE UNIVERSITY | 1,007,720 | 1,007,720 |
| ZOETIS INC | 1,055,420 | 1,055,420 |