Aerospace Employees’ Retirement Plan FS.pdfAerospace Employees’ Retirement Plan ... Form 5500, Schedule H, Part IV, Line 4i — Schedule of Assets ... Part IV, Line 4j — Schedule

Aerospace Employees’ Retirement Plan Employer ID No: 95-2102389 Plan Number: 001

Financial Statements as of and for the Years Ended September 30, 2013 and 2012, Supplemental Schedules as of and for the Year Ended September 30, 2013, and Independent Auditors’ Report

AEROSPACE EMPLOYEES’ RETIREMENT PLAN

TABLE OF CONTENTS

Page

INDEPENDENT AUDITORS’ REPORT 1–2

FINANCIAL STATEMENTS: Statements of Net Assets Available for Benefits as of September 30, 2013 and 2012 3 Statements of Changes in Net Assets Available for Benefits for the Years Ended September 30, 2013 and 2012 4 Statements of Accumulated Plan Benefits as of September 30, 2013 and 2012 5 Statements of Changes in Accumulated Plan Benefits for the Years Ended September 30, 2013 and 2012 6 Notes to Financial Statements as of and for the Years Ended September 30, 2013 and 2012 7–15

SUPPLEMENTAL SCHEDULES: 16 Form 5500, Schedule H, Part IV, Line 4i — Schedule of Assets (Held at End of Year) as of September 30, 2013 17–36 Form 5500, Schedule H, Part IV, Line 4j — Schedule of Reportable Transactions for the Year Ended September 30, 2013 37

NOTE: All other schedules required by Section 2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable.

INDEPENDENT AUDITORS’ REPORT

To the Plan Administrator of Aerospace Employees’ Retirement Plan:

Report on the Financial Statements

We were engaged to audit the accompanying financial statements of the Aerospace Employees’ Retirement Plan (the “Plan”), which comprise the statements of net assets available for benefits and of accumulated plan benefits as of September 30, 2013 and 2012, and the related statements of changes in net assets available for benefits and of changes in accumulated plan benefits for the years then ended, and the related notes to the financial statements.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditors’ Responsibility

Our responsibility is to express an opinion on these financial statements based on conducting the audits in accordance with auditing standards generally accepted in the United States of America. Because of the matter described in the Basis for Disclaimer of Opinion paragraph, however, we were not able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion.

Basis for Disclaimer of Opinion

As permitted by 29 CFR 2520.103-8 of the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, the plan administrator instructed us not to perform, and we did not perform, any auditing procedures with respect to the information summarized in Note 7, which was certified by Northern Trust Company, the trustee of the Plan, except for comparing such information with the related information included in the financial statements. We have been informed by the plan administrator that the trustee holds the Plan’s investment assets and executes investment transactions. The plan administrator has obtained certifications from the trustee as of and for the years ended September 30, 2013 and 2012, that the information provided to the plan administrator by the trustee is complete and accurate.

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Disclaimer of Opinion

Because of the significance of the matter described in the Basis for Disclaimer of Opinion paragraph, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion. Accordingly, we do not express an opinion on these financial statements.

Other Matter

The supplemental schedules listed in the foregoing table of contents, are required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 and are presented for the purpose of additional analysis and are not a required part of the financial statements. Because of the significance of the matter described in the Basis for Disclaimer of Opinion paragraph, we do not express an opinion on the supplemental schedules.

Report on Form and Content in Compliance with Department of Labor Rules and Regulations

The form and content of the information included in the financial statements and supplemental schedules, other than that derived from the information certified by the trustee, have been audited by us in accordance with auditing standards generally accepted in the United States of America and, in our opinion, are presented in compliance with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974.

July 2, 2014

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STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITSAS OF SEPTEMBER 30, 2013 AND 2012(In thousands)

2013 2012

ASSETS: Investments — at fair value (Notes 2, 7, 8, and 9): Short-term investments 51,860$ 52,625$ Common stock 296,991 255,066 Publicly traded mutual funds 40,685 Corporate bonds 122,676 122,067 Commingled trust funds 1,254,886 1,125,536 Government and agency securities 130,475 132,065 Real estate fund 75,064 67,556

Total investments 1,931,952 1,795,600

Receivables: Contributions — employer 28,491 22,578 Contributions — employee 6 27 Interest and dividends (Note 7) 3,190 3,032 Securities sold (Note 7) 16,638 30,205

Total receivables 48,325 55,842

Total assets 1,980,277 1,851,442

LIABILITIES: Accrued fund managers’ fees 882 802 Securities purchased (Note 7) 18,357 16,485

Total liabilities 19,239 17,287

NET ASSETS AVAILABLE FOR BENEFITS 1,961,038$ 1,834,155$

See notes to financial statements.

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STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITSFOR THE YEARS ENDED SEPTEMBER 30, 2013 AND 2012(In thousands)

2013 2012

INVESTMENT INCOME (Notes 2 and 7): Net appreciation in fair value of investments (Notes 7 and 8) 154,234$ 200,024$ Interest and dividends (Note 7) 35,117 36,470 Investment expenses (Note 7) (6,222) (6,644)

Net investment income 183,129 229,850

CONTRIBUTIONS (Notes 4 and 6): Participant contributions 289 313 Employer contributions 65,247 86,701

Total contributions 65,536 87,014

DEDUCTIONS — Benefit payments (Note 2) 121,782 112,761

INCREASE IN NET ASSETS 126,883 204,103

NET ASSETS AVAILABLE FOR BENEFITS: Beginning of year 1,834,155 1,630,052

End of year 1,961,038$ 1,834,155$


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STATEMENTS OF ACCUMULATED PLAN BENEFITSAS OF SEPTEMBER 30, 2013 AND 2012(In thousands)

2013 2012

ACTUARIAL PRESENT VALUE OF ACCUMULATED PLAN BENEFITS — Including benefits arising from accumulated optional employee contributions of $23,419 and $23,249 as of September 30, 2013 and 2012, respectively (Note 3): Vested benefits: Participants currently receiving payments 1,127,488$ 1,051,246$ Other participants 790,214 756,932

Total vested benefits 1,917,702 1,808,178

Nonvested benefits 19,713 15,472

TOTAL ACTUARIAL PRESENT VALUE OF ACCUMULATED PLAN BENEFITS 1,937,415$ 1,823,650$


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STATEMENTS OF CHANGES IN ACCUMULATED PLAN BENEFITSFOR THE YEARS ENDED SEPTEMBER 30, 2013 AND 2012(In thousands)

2013 2012

ACTUARIAL PRESENT VALUE OF ACCUMULATED PLAN BENEFITS — Beginning of year 1,823,650$ 1,685,450$

INCREASE (DECREASE) DURING THE YEAR ATTRIBUTABLE TO: Benefits accumulated (including changes in variable unit values) 108,116 132,026 Increase for interest due to the decrease in the discount period 127,432 117,767 Benefits paid (121,783) (112,761) Change in actuarial assumptions (943) Change in plan provisions 2,111

Net increase 113,765 138,200

ACTUARIAL PRESENT VALUE OF ACCUMULATED PLAN BENEFITS — End of year 1,937,415$ 1,823,650$


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NOTES TO FINANCIAL STATEMENTS AS OF AND FOR THE YEARS ENDED SEPTEMBER 30, 2013 AND 2012

1. DESCRIPTION OF THE PLAN

The following brief description of the Aerospace Employees’ Retirement Plan (the “Plan”) is provided for general information purposes only. Participants should refer to the Plan document for a more complete description.

General — The Plan is a defined benefit plan that covers substantially all employees of The Aerospace Corporation (the “Corporation”) hired prior to January 1, 1993, or after April 1, 2005. Employees hired between January 1, 1993, and April 1, 2005, had the option to elect to participate in the Plan. The Aerospace Employees’ Retirement Plan Committee (the “Committee”) oversees the administration of the Plan. Northern Trust Company (the “Trustee”) (see Note 11) serves as the trustee and record keeper, and Mercer is the actuary for the Plan. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).

Pension Benefits — The Plan provides defined pension benefits based on compensation earned prior to retirement. Generally, a participant’s accrued benefit vests 100% after three years of completed service (five years prior to October 1, 2011). These benefits are accrued and paid in two segments: fixed benefits (specified in dollars) and variable benefits (specified in units), which change in value based on the investment performance of the assets in the Aerospace Employees’ Unified Investment Trust. There are no death benefits payable under this Plan, except as provided through optional employee contributions, participation in the Survivors’ Income Benefit (SIB) Plan (see Note 6), a result of a Joint and Survivor Annuity, or the Pre-Retirement Survivor Annuity.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Accounting — The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP).

Valuation of Investments — The Plan’s investments are stated at fair value. Fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. See Note 9 for discussion of fair value measurements.

Investments, other than alternative investments, are valued based upon quoted market price (when available), or upon values provided by third-party services, or the underlying securities for investments held in commingled trust funds, on the last day of the Plan year. Alternative investments are recorded at estimated fair value, determined by the Corporation, with the assistance of fund managers or third-party service providers, using methods and significant assumptions the Corporation considers appropriate based on its understanding of the underlying characteristics of the investments. The real estate fund, an alternative investment, is carried at an appraised value of the underlying assets, which approximates fair value. Securities and other assets for which market quotations are not readily available or for which the above valuation procedures are deemed not to reflect fair value are valued in a manner that is intended to reflect their fair value as determined in accordance with procedures approved by the Committee.

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Purchases and sales of securities are recorded on the trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date.

Net Appreciation (Depreciation) in Fair Value of Investments — The Plan presents in the statements of changes in net assets available for benefits the net appreciation (depreciation) in the fair value of its investments, which consists of the realized gains (losses) and the unrealized appreciation (depreciation) on those investments.

Use of Estimates — The preparation of financial statements in conformity with GAAP requires the Plan’s management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and changes therein; disclosure of contingent assets and liabilities; and the actuarial present value of accumulated plan benefits at the date of the financial statements. Actual results could differ from those estimates.

Risks and Uncertainties — The Plan invests in various investment instruments. Investment securities, in general, are exposed to various risks, such as interest rate risk, credit risk, and overall market volatility. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the financial statements.

Payment of Benefits — Benefit payments to participants are recorded upon distribution.

Expenses — Administrative expenses and investment fees of the Plan are either paid by the Corporation or paid by the Plan, as provided in the Plan document.

Subsequent Events — For the year ended September 30, 2013, subsequent events were evaluated by management through July 2, 2014, the date these financial statements were available to be issued.

3. ACTUARIAL PRESENT VALUE OF ACCUMULATED PLAN BENEFITS

Accumulated plan benefits are those future periodic payments, including lump-sum distributions, that are attributable under the Plan’s provisions to the service employees have rendered as of the valuation date. Accumulated plan benefits include benefits expected to be paid to (1) retired or terminated employees or their beneficiaries, (2) beneficiaries of employees who have died, and (3) present employees or their beneficiaries.

The actuarial present value of accumulated plan benefits is determined by an independent actuary and is that amount, which results from applying actuarial assumptions to adjust the accumulated plan benefits to reflect the time value of money (through discounts for interest) and the probability of payment (by means of decrements, such as for death, withdrawal, or retirement) between the valuation date and the expected date of payment.

The significant actuarial assumptions used in the valuations as of September 30, 2013 and 2012, were as follows:

Interest Discount — 7.25%, which reflects the expected rates of return on Plan assets, compounded annually for 2013 and 2012.

Mortality — RP2000 White Collar Combined Mortality Table with a 17-year projection. Males are assumed to be three years older than their female spouses in determining the cost of death benefits.

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Other — Retirements range from age 55 to age 70. Termination rates vary by age and service.

The foregoing actuarial assumptions are based on the presumption that the Plan will continue. Were the Plan to terminate, different actuarial assumptions and other factors might be applicable in determining the actuarial present value of accumulated plan benefits. Due to uncertainties inherent in the estimations and assumptions process, it is at least reasonably possible that certain changes in these estimates and assumptions could be material to the financial statements.

4. FUNDING POLICY

The Corporation’s funding policy is to make cash contributions to the Plan in amounts as determined by an independent actuary that meet the minimum requirements of ERISA and that may exceed such minimum requirements if determined to be beneficial to the Corporation for cost recoverability, tax, or other regulatory reasons. The Corporation met the minimum funding requirements of ERISA for the years ended September 30, 2013 and 2012.

Further, the Corporation previously permitted voluntary employee contributions for the funding of incidental death benefits to employees’ survivors (see Note 6).

5. TAX STATUS

On September 19, 2012, the Internal Revenue Service (IRS) issued a favorable determination letter to the Corporation for the Plan, as amended. The IRS ruled that the Plan is qualified under Section 401(a) of the Internal Revenue Code (IRC) and is exempt from federal income taxes under the provisions of Section 501(a). The Plan has been amended since receiving the determination letter; however, the Corporation and the Plan’s management believe that the Plan is currently designed and operated in compliance with the applicable requirements of the IRC and the Plan and the related trust continue to be tax exempt. Therefore, no provision for income taxes has been included in the Plan’s financial statements.

GAAP requires Plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by taxing jurisdictions. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Plan administrator believes it is no longer subject to income tax examinations for tax years prior to 2009.

6. SURVIVORS’ INCOME BENEFITS

In addition to the required preretirement and postretirement spousal death benefits, the Corporation provides an optional Survivors’ Income Benefit feature (SIB), which permits voluntary employee contributions for the funding of incidental death benefits to employees’ survivors. Employee contributions for SIB were $289 and $313 (in thousands) in 2013 and 2012, respectively. The actuarially determined SIB liability was $19,434 and $18,313 (in thousands) at September 30, 2013 and 2012, respectively, and is included in the present value of accumulated plan benefits. This Plan feature is limited to participants who enrolled in SIB prior to September 30, 2005.

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7. INFORMATION CERTIFIED BY THE TRUSTEE

The following is a summary of the unaudited information regarding the Plan as of and for the years ended September 30, 2013 and 2012, included in the Plan’s financial statements and supplemental schedules, that was prepared by or derived from information prepared by the Trustee, and furnished to the Plan administrator. The Plan administrator has obtained certifications from the Trustee that such information is complete and accurate (in thousands):

2013 2012

Statements of net assets available for benefits: Investments — at fair value: Short-term investments 51,860 52,625 Common stock 296,991$ 255,066$ Publicly traded mutual funds 40,685 Corporate bonds 122,676 122,067 Commingled trust funds 1,254,886 1,125,536 Government and agency securities 130,475 132,065 Real estate fund 75,064 67,556

Total investments 1,931,952$ 1,795,600$

Interest and dividends receivable 3,190$ 3,032$ Securities sold 16,638 30,205 Securities purchased (18,357) (16,485)

Statements of changes in net assets available for benefits: Net appreciation in fair value of investments 154,234$ 200,024$ Interest and dividends 35,117 36,470 Investment expenses (6,222) (6,644)

Supplemental schedules: All investment balances and information included in the supplemental schedule of assets (held at end of year) as of September 30, 2013, and the supplemental schedule of reportable transactions for the year ended September 30, 2013.

Note 8 and Note 9: All investment balances and investment information disclosed in the notes, excluding the classification of investments by level in Note 9.

8. INVESTMENTS

The Plan’s investment policy has been established to provide a total investment return that will, over time, maintain purchasing power parity for the Plan’s variable benefits and keep the Corporation’s funding for the Plan at a reasonable level. During 2012, the primary asset classes utilized to attain these objectives were equity securities, debt securities, and real estate, with target allocations of 52%, 44%, and 4%, respectively. During 2013, the target allocations were changed to 53%, 43%, and 4%, respectively.

Alternative Investments — The Plan’s assets include alternative investments (see Note 9) consisting of an investment in a privately held real estate fund of approximately $75,064 and $67,556 (in thousands) as of September 30, 2013 and 2012, respectively.

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The Plan’s investments (including gains and losses on investments bought and sold, as well as held during the year) appreciated in value during the years ended September 30, 2013 and 2012, as follows (in thousands):

2013 2012

Net appreciation (depreciation) in fair value: Common stock 65,834$ 57,178$ Corporate bonds (12,101) 10,147 Short-term investments 17 66 Government and agency securities (18,108) 3,645 Publicly traded mutual funds 8,449 3,560 Asset-backed securities 613 Commingled trust funds 101,677 119,113 Real estate fund 8,466 5,702

Total net appreciation of investments 154,234$ 200,024$

The Plan’s investments that represented 5% or more of net assets available for benefits as of September 30, 2013 and 2012, are as follows (in thousands):

2013 2012

CF Blackrock Eqty Index FD A 337,552$ 289,460$ CF Blackrock/US Tips Bond Index Fund 98,791 CF Baillie Gifford EAFE CL3 Fund 142,123 140,219 MFO Dodge & Cox Intl STK Fund 124,776 115,072

9. FAIR VALUE OF FINANCIAL INSTRUMENTS

Financial Accounting Standards Board, Accounting Standards Codification (ASC) 820, Fair Value Measurement, defines fair value, establishes a market-based framework for measuring fair value, and requires disclosures about fair value measurements.

ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The statement requires that assets and liabilities carried at fair value be classified and disclosed using a hierarchy based upon the inputs used to measure the fair value.

The Plan used valuation techniques based upon observable and unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect internal market assumptions. Assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

The following methods and assumptions were used by management to estimate the fair values of the assets and liabilities in the table below:

Level 1 Fair Value Measurements — Quoted prices for identical instruments in active markets. The fair value of investments is based on market quotes of such investments. Level 1 investments primarily include common stocks and publicly traded mutual funds.

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Level 2 Fair Value Measurements — Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 2 investments consist primarily of commingled trust funds, fixed-income securities, and short-term investment funds. Investments in commingled trust funds and short-term investment funds are valued based on the redemption price of the underlying fund assets. Unit values are determined by the financial institution sponsoring such funds by dividing the funds’ net assets at fair value by its units outstanding at the valuation date, commonly referred to as net asset value (NAV). The fair values for fixed-income securities are valued using third-party pricing services. These pricing services use, for example, recent broker-dealer quotations or model-based pricing methods that use significant observable inputs, such as relevant yield curves, credit information of the underlying security, prepayment projections, cash flows and other security characteristics, to determine fair value as of the last trading day of the year.

Level 3 Fair Value Measurements — Significant inputs to the valuation model are unobservable. Level 3 investments consist of units of a privately held real estate fund. The fair value of the units in the real estate fund is based upon the reported NAV. The underlying assets of the real estate fund are estimated based upon third-party appraisals, which are based primarily upon discounted cash-flow analyses.

Net Asset Values — The fair market values of commingled trust funds, short-term investment funds, and the real estate fund were based on the reported NAV, which the Corporation uses as a practical expedient as of the balance sheet date. No adjustments were made to the NAV provided by the fund managers of the underlying funds for which the NAV was used and none of the investments whose fair value was based upon NAV are expected to be sold at a value materially different from NAV.

As of September 30, 2013, the fair value of the short-term investments of $51,860 (in thousands) and the commingled trust funds of $1,254,886 (in thousands) were based upon NAV. As of September 30, 2013, there were no unfunded commitments, daily redemption frequencies, and redemption notice periods of five days or less for the short-term investments and the commingled trust funds.

As of September 30, 2013 and 2012, the fair values of the real estate fund of $75,064 and $67,556 (in thousands), respectively, were based upon NAV. There were no unfunded commitments. Redemptions for the real estate fund may be requested on a full or partial basis each quarter. The redemption request is processed and payment is redeemed generally by the end of the next calendar quarter.

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Items measured at fair value (in thousands) on a recurring basis subject to the disclosure requirements of ASC 820 as of September 30, 2013, are as follows (see Note 7):

Description Level 1 Level 2 Level 3 Total

Short-term investments (1) - $ 51,860$ - $ 51,860$ Common stock 296,991 296,991 Corporate bonds 122,676 122,676 Commingled trust funds: Commingled trust funds — common stock 697,209 697,209 Commingled trust funds — corporate bonds 55,161 55,161 Commingled trust funds — corporate bonds and government and agency securities 129,759 129,759 Commingled trust funds — government and agency securities 349,338 349,338 Commingled trust funds — mutual funds 23,419 23,419 Government and agency securities 130,475 130,475 Real estate fund 75,064 75,064

Total 296,991$ 1,559,897$ 75,064$ 1,931,952$

(1) The short-term investments held by the Plan consist of overnight investments, short-term U.S. Treasury funds and short-term investment funds.

Fair Value Measurements Using Significant Real EstateUnobservable Inputs (Level 3) Fund

Beginning balance — October 1, 2012 67,556$ Dividends 2,729 Transfers out of dividend receipts (2,729) Management fees (957) Unrealized gain 8,465

Ending balance — September 30, 2013 75,064$

There were no transfers of financial instruments between the three levels of fair value hierarchy during the year ended September 30, 2013.

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Items measured at fair value (in thousands) on a recurring basis subject to the disclosure requirements of ASC 820 as of September 30, 2012, are as follows (see Note 7):

Description Level 1 Level 2 Level 3 Total

Short-term investments (1) 52,625$ - $ - $ 52,625$ Common stock 255,066 255,066 Publicly traded mutual fund 40,685 40,685 Corporate bonds 122,067 122,067 Commingled trust funds: Commingled trust funds — common stock 619,029 619,029 Commingled trust funds — corporate bonds 48,319 48,319 Commingled trust funds — corporate bonds and government and agency securities 93,295 93,295 Commingled trust funds — government and agency securities 341,644 341,644 Commingled trust funds — mutual funds 23,249 23,249 Government and agency securities 132,065 132,065 Real estate fund 67,556 67,556

Total 348,376$ 1,379,668$ 67,556$ 1,795,600$

(1) The short-term investments held by the Plan consist of overnight investments.

Fair Value Measurements Using Significant Real EstateUnobservable Inputs (Level 3) Fund

Beginning balance — October 1, 2011 62,707$ Dividends 2,537 Transfers out of dividend receipts (2,537) Management fees (853) Unrealized gain 5,702

Ending balance — September 30, 2012 67,556$

There were no transfers of financial instruments between the three levels of fair value hierarchy during the year ended September 30, 2012.

10. PLAN TERMINATION

Although it has not expressed any intention to do so, the Corporation has the right under the Plan, in certain circumstances, to discontinue its contributions at any time and to terminate the Plan subject to the provisions set forth in ERISA. In the event the Plan is terminated, the net assets of the Plan will be allocated, as prescribed by ERISA and its related regulations, generally in the following order: (1) participants’ optional contributions, (2) benefits accruing to retirees and their beneficiaries, and (3) benefits accruing to active and vested participants.

Retirement benefits under the Plan are insured to the extent required by law through the Pension Benefit Guaranty Corporation (PBGC). Generally, the PBGC guarantees most vested normal-age retirement benefits, early retirement benefits, and certain disability and survivor’s pensions. However, the PBGC does not guarantee all types of benefits under the Plan and the amount of the benefit protection is subject to certain limitations. Vested benefits under the Plan are guaranteed at the level in effect on the date of the Plan’s termination, subject to a statutory ceiling on the amount of an individual’s monthly benefit.

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Whether all participants receive their benefits should the Plan be terminated at some future time will depend on the sufficiency, at that time, of the Plan’s net assets to provide those benefits, the priority of those benefits to be paid, and the level and type of benefits guaranteed by the PBGC at that time. Some benefits may be fully or partially provided for by the then-existing assets and the PBGC guaranty while other benefits may not be provided for at all.

11. EXEMPT PARTY-IN-INTEREST TRANSACTIONS

Certain short-term investments totaling $27,306 and $30,844 (in thousands) as of September 30, 2013 and 2012, respectively, were managed by the Northern Trust Company. The Northern Trust Company is the trustee of the Plan and the record keeper. Fees paid by the Plan for the investment management services are included as a reduction of the return earned on the funds and were based on customary and reasonable rates for such services.

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SUPPLEMENTAL SCHEDULES

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Employee ID No.: 95-2102389Plan No.: 001

FORM 5500, SCHEDULE H, PART IV, LINE 4i — SCHEDULE OF ASSETS (HELD AT END OF YEAR)AS OF SEPTEMBER 30, 2013

Shares/ Historical CurrentSecurity Description CUSIP Par Value Cost Market Value

1ST UN CORP BD STEP UP 08-01-2026 S2664062 230,000.00 268,237.50$ 287,604.88$ 3M CO 1% DUE 06-26-2017 C88579YAE1 75,000.00 74,654.25 73,725.67 ABBVIE INC 4.4% DUE 11-06-2042 SBCZM189 200,000.00 197,928.00 181,074.80 ABERCROMBIE & FITCH CO CL A C002896207 35,950.00 1,275,606.51 1,271,551.50 ACCO BRANDS CORP COM C00081T108 34,187.00 278,956.20 227,001.68 ACE INA HLDG INC 4.15% DUE 03-13-2043 SB8PNBH3 250,000.00 249,297.10 231,115.75 ADR BP P L C SPONSORED ADR C055622104 9,400.00 402,449.65 395,082.00 ADR EMBRAER S A SPNSORED ADR REPSTG 4 COM SHS C29082A107 7,880.00 276,660.23 255,863.60 AECOM TECHNOLOGY CORP DELAWARE COM C00766T100 71,975.00 1,900,894.86 2,250,658.25 AERCAP HOLDINGS N.V. EUR0.01 CN00985106 80,000.00 1,217,447.18 1,556,800.00 AFFILIATED MANAGERS GROUP INC COM STK C008252108 5,840.00 627,405.12 1,066,617.60 AGL CAP CORP 4.4% DUE 06-01-2043 SB98CZ49 105,000.00 104,598.90 95,577.09 AGRIUM INC 4.9% DUE 06-01-2043 C008916AM0 320,000.00 317,561.60 290,235.84 AGRIUM INC 6.125% DUE 01-15-2041 SB50L1X7 275,000.00 313,442.25 294,962.25 AIR LEASE CORP CL A CL A C00912X302 31,030.00 888,434.13 858,289.80 ALLETE INC COM NEW C018522300 9,110.00 415,661.15 440,013.00 ALLIANCE DATA SYS CORP COM C018581108 4,690.00 899,885.07 991,794.30 ALLSTATE CORP 4.5% DUE 06-15-2043 SBBG7S30 110,000.00 109,513.80 106,627.51 ALLSTATE CORP FLTG RT 5.75% DUE 08-15-2053 SBCZM4S0 315,000.00 315,000.00 307,125.00 ALLTEL CORP 7.875% DUE 07-01-2032 S2963543 125,000.00 182,563.75 162,899.75 ALTRIA GROUP INC 10.2% DUE 02-06-2039 SB9L63Z5 120,000.00 203,551.20 183,002.64 ALTRIA GROUP INC 9.95% DUE 11-10-2038 SB90J333 510,000.00 723,404.40 761,318.31 AMAZON COM INC 2.5% DUE 11-29-2022 SB8VBQ21 330,000.00 327,082.80 300,747.81 AMC NETWORKS INC CL A C00164V103 14,140.00 671,495.77 968,307.20 AMERADA HESS CORP 7.875% DUE 10-01-2029 S2517638 345,000.00 469,447.88 432,616.55 AMER MOVIL S A DE C V SR NT 6.375% DUE 03-01-2035 REG SBBM3LH7 390,000.00 457,351.90 417,175.20 AMERICAN TOWER CORP C03027X100 38,400.00 2,444,232.32 2,846,592.00 AMERICAN WTR WKS CO INC NEW COM C030420103 17,070.00 723,215.77 704,649.60 AMERICAN WTR WKS CO INC NEW COM C030420103 63,500.00 1,389,790.17 2,621,280.00 AMERN EXPRESS CO 4.05% DUE 12-03-2042 SB968SP1 75,000.00 74,678.25 64,926.98 AMERN INTL GROUP 6.25% DUE 05-01-2036 SB1CYG08 280,000.00 339,509.20 319,922.96 AMERN INTL GROUP 6.82% DUE 11-15-2037 SB8BG541 355,000.00 368,877.11 426,744.79 AMERN INTL GROUP 8.175% DUE 05-15-2068 SB606MS1 455,000.00 473,884.51 532,577.50 AMERN TOWER CORP 3.5% DUE 01-31-2023 SB7T8T62 220,000.00 218,621.00 193,116.66 AMERN TOWER CORP 5% DUE 02-15-2024 SBD035P9 35,000.00 34,960.80 34,258.32 AMGEN INC 5.15% DUE 11-15-2041 SB76M525 145,000.00 167,045.80 140,759.62 AMGEN INC 5.65% DUE 06-15-2042 C031162BH2 815,000.00 948,904.50 845,234.87 AMN HEALTHCARE SVCS INC COM C001744101 68,300.00 531,295.00 939,808.00 AMPHENOL CORP NEW CL A C032095101 12,560.00 961,773.00 971,892.80 ANADARKO PETRO CORP COM C032511107 11,000.00 812,991.12 1,022,890.00 ANGIE’S LIST INC C034754101 21,450.00 428,306.12 482,625.00 ANHEUSER BUSCH 2.5% DUE 07-15-2022 SB9NM5N3 245,000.00 243,819.10 226,653.42 ANHEUSER BUSCH COS 6.8% DUE 08-20-2032 S2774972 140,000.00 181,308.40 174,261.92 ANIXTER INTL INC COM C035290105 21,920.00 1,287,913.86 1,921,507.20 AOL TIME WARNER 7.625% DUE 04-15-2031 SB2PJ2V0 200,000.00 250,358.00 248,928.60 AOL TIME WARNER 7.7% DUE 05-01-2032 SB72VLH3 530,000.00 666,189.65 667,330.95 AON CORP JR SUB DEFFERABLE INT DEB 8.205% DUE 01-01-2027 SB683Y11 200,000.00 228,824.00 244,701.20 AON CORP SR NT 6.25% DUE 09-30-2040 SB6898J5 75,000.00 89,941.50 85,498.28

(Continued)

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AON PLC 4.45% DUE 05-24-2043 SB9ZT6F1 220,000.00 218,556.80$ 196,038.48$ APACHE CORP 4.75% DUE 04-15-2043 SB7XL9Z6 290,000.00 298,694.89 274,508.78 APPLE INC .45% DUE 05-03-2016 C037833AH3 45,000.00 44,918.55 44,685.18 APPLE INC 3.85% DUE 05-04-2043 C037833AL4 240,000.00 238,603.20 201,108.72 ARIAD PHARMACEUTICALS INC COM C04033A100 38,920.00 760,336.15 716,128.00 ARIZONA PUB SVC CO 4.5% DUE 04-01-2042 SB546Q33 170,000.00 168,391.80 161,569.70 ASCENA RETAIL GROUP INC COM C04351G101 72,000.00 1,183,609.51 1,434,960.00 ASCENSION HLTH 4.847% DUE 11-15-2053 SBBMSWS0 200,000.00 200,000.00 196,824.80 ASIAN DEV BK BD 5.82% DUE 06-16-2028 REG S2274944 383,000.00 498,018.10 470,153.95 ASSOCTD BANC-CORP COM C045487105 60,100.00 733,865.02 930,949.00 ASSURANT INC COM C04621X108 57,975.00 2,189,215.83 3,136,447.50 ASTRAZENECA PLC 6.45% DUE 09-15-2037 SB7FFL50 330,000.00 439,513.34 402,596.04 AT&T ORP USD SR NT VAR RTE DUE 11-15-2031/11-14-2031 BEO C001957BD0 450,000.00 620,185.50 613,431.45 AT&T INC 4.3% DUE 12-15-2042 SBBP3ML5 442,000.00 385,163.29 367,996.82 AT&T INC 4.35% DUE 06-15-2045 SBBNC4H4 935,000.00 853,115.80 771,792.95 AT&T INC 5.35% DUE 09-01-2040 SB4WPQV3 490,000.00 465,184.40 475,569.50 AT&T INC 5.55% DUE 08-15-2041 SBB0R3H5 565,000.00 557,864.05 560,844.43 AT&T INC 6.5% DUE 09-01-2037 SBB0R386 308,000.00 390,736.74 340,279.32 AT&T INC COM C00206R102 20,600.00 609,878.38 696,692.00 AT&T WIRELESS SVCS 8.75% DUE 03-01-2031 SBG49413 750,000.00 1,096,018.50 1,034,170.50 AVAGO TECHNOLOGIES LTD CY0486S104 23,570.00 813,887.96 1,016,338.40 AVID TECHNOLOGY INC COM C05367P100 103,000.00 1,045,339.33 618,000.00 AVNET INC COM C053807103 79,725.00 2,581,807.56 3,325,329.75 AVON PRODS INC STEP CPN 7.45% DUE 03-15-2043 SB8YPH38 150,000.00 149,566.50 150,143.25 AXIS CAPITAL HOLDINGS LTD COM USD0.0125 CG0692U109 28,100.00 928,571.28 1,217,011.00 B/E AEROSPACE INC COM C073302101 22,440.00 838,873.45 1,656,520.80 BAKER HUGHES INC COM C057224107 44,725.00 2,014,904.00 2,195,997.50 BANK AMER CORP 4.1% DUE 07-24-2023 SBFLRDC7 740,000.00 727,936.92 735,400.90 BANK AMER CORP 5.875% DUE 02-07-2042 SB6T0187 130,000.00 145,269.30 144,336.66 BANKUNITED INC C06652K103 5,220.00 160,133.54 162,811.80 BARRICK N AMER FIN 5.75% DUE 05-01-2043 SBCRWZ96 485,000.00 485,440.73 406,956.71 BARRICK PD 5.95% DUE 10-15-2039 SBG48MX8 315,000.00 267,674.40 272,202.21 BAXTER INTL INC 3.65% DUE 08-15-2042 SB7HL2S6 210,000.00 208,332.60 178,531.71 BAY AREA TOLL AUTH CALIF TOLL BRDG REV 6.907% 10-01-2050 BEO TAXABLE SB574M81 345,000.00 490,456.55 423,328.80 BAY AREA TOLL AUTH CALIF TOLL BRDG REV 7.043% 04-01-2050 BEO TAXABLE SB3YX4F8 130,000.00 161,242.90 158,800.20 BCE INC COM NEW C05534B760 29,000.00 1,007,161.74 1,238,300.00 BECTON DICKINSON & CO COM C075887109 24,225.00 1,855,669.19 2,422,984.50 BERKSHIRE HATHAWAY 1.5% DUE 01-10-2014 C084664BR1 105,000.00 104,718.60 105,312.69 BERKSHIRE HATHAWAY 4.3% DUE 05-15-2043 SB96WCM8 180,000.00 178,529.40 163,155.78 BERKSHIRE HATHAWAY 4.4% DUE 05-15-2042 SB630666 295,000.00 306,445.50 271,060.46 BERKSHIRE HATHAWAY 4.5% DUE 02-11-2043 SB819DG8 295,000.00 288,075.85 274,896.93 BHP BILLITON FIN 5% DUE 09-30-2043 SBFD3PF0 465,000.00 464,930.25 473,597.39 BIO RAD LABS INC CL A C090572207 10,000.00 990,649.04 1,175,600.00 BIOMARIN PHARMACEUTICAL INC COM ISIN CH0008107010 C09061G101 10,290.00 645,502.30 743,143.80 BORG WARNER INC COM C099724106 11,020.00 987,034.83 1,117,317.80 BP CAP MKTS P L C 2.75% DUE 05-10-2023 SBCLYQL7 200,000.00 197,996.00 182,667.00 BP CAP MKTS P L C 3.994% DUE 09-26-2023 SBDGTRQ6 215,000.00 215,000.00 216,705.17

(Continued)

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BRADY CORP CL A C104674106 58,850.00 1,996,809.81$ 1,794,925.00$ BRAZIL FEDERATIVE REP BD 8.25% DUE 01-20-2034 REG C105756BB5 155,000.00 202,275.00 201,887.50 BRAZIL(FED REP OF) 7.125% DUE 01-20-2037 REG SB7W9M52 695,000.00 930,688.48 816,625.00 British pound sterling - - - BROWN & BROWN INC COM C115236101 22,610.00 680,109.96 725,781.00 BURL NORTHN 4.4% DUE 03-15-2042 SB787QZ8 175,000.00 174,273.75 158,608.80 BURL NORTHN SANTA 4.375% DUE 09-01-2042 SB8NWVK5 445,000.00 458,908.15 401,321.92 BURL NORTHN SANTA 4.45% DUE 03-15-2043 SB7YGHX4 230,000.00 229,960.90 209,222.95 BURL NORTHN SANTA 7% DUE 12-15-2025 SBFNXVP2 245,000.00 333,241.65 304,956.40 BURLINGTON NORTHN SANTA FE LLC 5.15% 09-01-2043 SBD00GW4 455,000.00 452,306.40 457,587.59 BURLINGTON RES FIN CO 7.2% DUE 08-15-2031/08-14-2031 BEO S2795036 230,000.00 318,494.80 301,565.42 CADENCE DESIGN SYS INC COM C127387108 83,230.00 1,182,678.97 1,123,605.00 CALIFORNIA ST 7.5% 04-01-2034 BEO TAXABLE SB41WH12 280,000.00 372,526.65 355,224.80 CALIFORNIA ST 7.6% 11-01-2040 BEO TAXABLE SB3Y5CW7 315,000.00 434,212.92 411,909.75 CALIFORNIA ST 7.625% 03-01-2040 BEO TAXABLE SB52J623 415,000.00 594,715.94 542,703.80 CALIFORNIA ST 7.7% 11-01-2030 BEO TAXABLE SB3SP8K3 145,000.00 180,432.20 169,618.10 CALIFORNIA ST 7.95% 03-01-2036 BEO TAXABLE SB58KMP5 105,000.00 119,304.15 121,288.65 CALIFORNIA ST TAXABLE-BUILD AMER BDS 7.35% DUE 11-01-2039 REG TAXABLE SB5BGSJ6 290,000.00 405,284.52 366,693.40 CALIFORNIA STATE 7.55% MUN BDS DUE 04-01-2039 USD5000 SB41WHL2 460,000.00 647,216.77 596,854.60 CAMERON INTL CORP 3.6% DUE 04-30-2022 SB86K474 235,000.00 234,398.40 235,889.24 CAMERON INTL CORP COM STK C13342B105 21,700.00 1,078,282.38 1,266,629.00 CAMPUS CREST CMNTYS INC COM C13466Y105 52,460.00 711,890.39 566,568.00 CAPITAL ONE BK USA NATL ASSN GLEN ALLEN 3.375% DUE 02-15-2023 REG SB8BMVV8 280,000.00 278,908.60 261,897.44 CARDINAL HLTH INC 4.6% DUE 03-15-2043 SB7JRXS9 265,000.00 238,355.45 242,202.85 CAROLINA PWR & LT 4.1% DUE 05-15-2042 SB88N0G2 565,000.00 554,992.65 520,958.25 CARRIZO OIL & GAS INC COM C144577103 26,450.00 620,550.62 986,849.50 CASH HELD ELSEWHERE AT BLACKROCK C999689268 0.52 0.52 0.52 CASH HELD ELSEWHERE AT BLACKROCK C999689268 0.17 0.17 0.17 CASH HELD ELSEWHERE AT BLACKROCK C999689268 0.12 0.12 0.12 CASH HELD ELSEWHERE AT BLACKROCK C999689268 0.09 0.09 0.09 CATAMARAN CORP COM C148887102 24,870.00 1,002,012.69 1,142,776.50 CATHAY GENERAL BANCORP INC COM C149150104 21,650.00 184,972.26 505,960.50 CATHOLIC HEALTH INITIATI 4.35% DUE 11-01-2042 SB8BB1R1 375,000.00 374,201.25 339,397.13 CAVIUM INC COM C14964U108 24,290.00 802,971.19 1,000,748.00 CBS CORP NEW 4.85% DUE 07-01-2042 SB83R5T7 130,000.00 114,033.40 116,104.95 CDN NAT RES LTD 5.85% DUE 02-01-2035 SB04SDS8 260,000.00 312,202.80 278,742.88 CENOVUS ENERGY INC 4.45% DUE 09-15-2042 SB7189W6 230,000.00 231,745.70 206,162.11 CENOVUS ENERGY INC COM C15135U109 38,500.00 1,170,385.85 1,149,225.00 CF BAILLE GIFFORD EAFE CL 3 FD C258994979 11,988,001.31 121,888,552.42 142,123,102.99 CF BLACKROCK ACWI EX-US SUPERFUND A C066997966 0.01 0.10 0.22 CF BLACKROCK EQUITY INDEX FD C066969CF1 613,635.29 222,773,309.75 337,552,173.54 CF BLACKROCK GOVT/CREDIT BD INDEX FD C6026759S1 125,497.81 26,044,366.80 41,784,872.08 CF BLACKROCK INT GOVT/CORP BOND INDEX FD C066432CF0 1,723,543.16 29,718,111.12 52,395,145.01 CF BLACKROCK MONEY MARKET FD C066459CF3 15.00 15.00 15.00 CF BLACKROCK MONEY MARKET FD C066459CF3 18.00 18.00 18.00 CF BLACKROCK MONEY MARKET FD C066459CF3 1.00 1.00 1.00 CF BLACKROCK US TIPS BOND INDEX FUND C445999QA6 4,571,682.57 75,323,901.44 92,798,056.34

(Continued)

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CF BLACKROCK WORLD GOVT BD INDEX FD A C0559969S3 3,852,814.79 48,795,595.10$ 79,736,275.24$ CF INDS INC 4.95% DUE 06-01-2043 SB9XR0S8 540,000.00 516,246.50 487,877.58 CF MORGAN STANLEY PRIME PROPERTY FUND C99089KRO1 5,638.55 51,430,443.98 75,063,873.50 CF PRUDENTIAL HIGH YIELD FUND C581995966 4,439,356.19 15,226,713.19 15,467,902.27 CHARLES RIV LABORATORIES INTL INC COM C159864107 16,000.00 510,206.03 740,160.00 CHEESECAKE FACTORY INC COM C163072101 22,940.00 852,519.92 1,008,213.00 CHEVRON CORP NEW .889% DUE 06-24-2016 C166764AC4 45,000.00 45,000.00 45,175.81 CHEVRON CORP NEW 3.191% DUE 06-24-2023 SBBN5Z25 360,000.00 360,357.65 353,590.20 CHICAGO ILL BRD ED 6.138% 12-01-2039 BEOTAXABLE SB4M7JJ8 325,000.00 343,671.95 279,841.25 CHICOS FAS INC COM C168615102 72,650.00 1,286,857.15 1,210,349.00 CHURCH & DWIGHT INC COM C171340102 9,110.00 345,895.27 547,055.50 CIGNA CORPORATION C125509109 9,725.00 737,149.94 747,463.50 CIN FINL CORP 6.92% DUE 05-15-2028 SB07T3M2 520,000.00 588,351.22 624,601.12 CINGULAR WIRELESS 7.125% DUE 12-15-2031 S2011549 200,000.00 278,600.00 243,009.80 CITIGROUP INC 5.85% DUE 12-11-2034 SB8F2RM7 21,000.00 22,520.19 22,564.29 CITIGROUP INC 5.875% DUE 01-30-2042 SB8WTN90 380,000.00 447,479.46 422,502.62 CITIGROUP INC 5.875% DUE 02-22-2033 SB8NWVW7 185,000.00 207,029.60 184,204.13 CITIGROUP INC 6% DUE 10-31-2033 SBG48R22 85,000.00 97,132.05 85,669.04 CITIGROUP INC 6.125% DUE 08-25-2036 SB1CDG16 435,000.00 478,664.08 437,802.71 CITIGROUP INC 6.625% DUE 06-15-2032 BEO SBG48R11 110,000.00 130,918.70 118,402.13 CITIGROUP INC 6.675% DUE 09-13-2043 SBDC7485 525,000.00 535,240.45 565,368.30 CITIGROUP INC 6.875% DUE 03-05-2038 SB7HZ448 37,000.00 45,069.33 45,740.14 CITIGROUP INC 8.125% DUE 07-15-2039 SB8G0DX3 540,000.00 806,060.39 749,963.88 CITRIX SYS INC COM C177376100 10,940.00 744,284.27 772,473.40 CITY OF NEW YORK 5.517% DUE 10-01-2037 SB4TB7N3 130,000.00 134,169.10 138,203.00 CLARK CNTY NEV ARPT REV 6.881% 07-01-2042 BEO TAXABLE C18085PLL6 145,000.00 155,814.10 156,372.35 COLGATE-PALMOLIVE CO MEDIUM TERM NTS BOO1.25% DUE 05-01-2014 C19416QDT4 55,000.00 54,919.70 55,309.65 COLOMBIA REP BD 7.375% DUE 09-18-2037 REG C195325BK0 355,000.00 440,640.00 443,217.50 COLOMBIA(REP OF) GLOBAL BD 6.125% DUE 01-18-2041/10-20-2009 REG C195325BM6 235,000.00 282,682.83 256,150.00 COLTV SHORT TERM INVT FD * C195998AC3 263,645.10 263,645.10 263,645.10 COLTV SHORT TERM INVT FD * C195998AC3 5,841,215.01 5,841,215.01 5,841,215.01 COLTV SHORT TERM INVT FD * C195998AC3 4,803,317.77 4,803,317.77 4,803,317.77 COLTV SHORT TERM INVT FD * C195998AC3 10.81 10.81 10.81 COLTV SHORT TERM INVT FD * C195998AC3 534,423.43 534,423.43 534,423.43 COLTV SHORT TERM INVT FD * C195998AC3 190,157.08 190,157.08 190,157.08 COLTV SHORT TERM INVT FD * C195998AC3 0.17 0.17 0.17 COLTV SHORT TERM INVT FD * C195998AC3 1,201,844.08 1,201,844.08 1,201,844.08 COLTV SHORT TERM INVT FD * C195998AC3 1,721,426.95 1,721,426.95 1,721,426.95 COLTV SHORT TERM INVT FD * C195998AC3 - - - COLTV SHORT TERM INVT FD * C195998AC3 11,049,153.83 11,049,153.83 11,049,153.83 COLTV SHORT TERM INVT FD * C195998AC3 1,701,159.71 1,701,159.71 1,701,159.71 COLUMBIA BKG SYS INC COM C197236102 47,560.00 982,134.66 1,174,732.00 COMCAST CORP NEW 4.65% DUE 07-15-2042 SB7TGGL0 215,000.00 208,799.40 204,450.60 COMCAST CORP NEW 5.65% DUE 06-15-2035 SB0B7ZQ0 100,000.00 112,630.00 109,352.60 COMCAST CORP NEW 6.45% DUE 03-15-2037 SB108F49 1,095,000.00 1,310,937.05 1,307,331.45 COMCAST CORP NEW SR NT 6.55% DUE 07-01-2039 SB614024 510,000.00 671,381.70 614,299.59 COMCAST CORP NEW-CL A C20030N101 63,400.00 1,329,037.81 2,862,510.00

(Continued)

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COMERICA INC COM C200340107 35,975.00 1,267,138.73$ 1,414,177.25$ COMMONWEALTH EDISON CO 1ST MTG BD SER 113 3.8% DUE 10-01-2042 SB8DXN80 175,000.00 174,688.50 150,899.70 COMMONWEALTH REIT COM SH BEN INT REIT C203233101 27,940.00 609,529.69 612,165.40 COMMVAULT SYS INC COM STK C204166102 7,600.00 488,715.76 667,508.00 CONAGRA FOODS INC 4.65% DUE 01-25-2043 SB8KMR88 195,000.00 196,532.70 176,987.27 CONCUR TECHNOLOGIES INC COM C206708109 4,790.00 399,238.10 529,295.00 CONNS INC COM C208242107 6,520.00 412,311.60 326,260.80 CONOCOPHILLIPS GTD NT 6.5% DUE 02-15-2039REG SB4T4431 590,000.00 824,438.40 741,947.42 CONSTELLTION ENRGY GP INC 7.6% DUE 04-01-2032 BEO S2014656 85,000.00 103,695.75 101,437.13 CON-WAY INC COM STK C205944101 48,625.00 1,421,445.53 2,095,251.25 COOPER COS INC COM NEW C216648402 5,760.00 437,853.67 747,014.40 CORNELL UNIV 4.35% DUE 02-01-2014 C219207AA5 150,000.00 162,999.00 151,816.65 CORNING INC 5.75% DUE 08-15-2040 SB4YPKP3 175,000.00 212,234.75 193,666.38 CORNING INC 7.25% DUE 08-15-2036 BEO SBFZDDJ8 125,000.00 158,557.50 149,892.88 COVIDIEN INTL FIN 2.95% DUE 06-15-2023 SB98D0G9 110,000.00 109,750.30 103,775.87 CSX CORP 4.1% DUE 03-15-2044 SB8MZYR3 210,000.00 182,940.60 177,935.10 CSX CORP 6.15% DUE 05-01-2037 SB1W8K53 185,000.00 222,942.30 211,131.07 CUBESMART C229663109 64,500.00 1,099,353.56 1,150,680.00 CUMMINS INC 3.65% DUE 10-01-2023 SBF262N7 355,000.00 352,877.10 357,405.84 CURATORS UNIV MO SYS FACS REV 5.792% 11-01-2041 BEO TAXABLE SB54BC18 50,000.00 61,219.36 56,160.00 CURTISS WRIGHT CORP COM C231561101 26,879.00 921,410.43 1,262,237.84 DALLAS CNTY TEX HOSP DIST 5.621% 08-15-2044 BEO TAXABLE SB3ZT723 230,000.00 285,950.60 254,274.20 DALLAS TEX AREA RAPID TRAN SALES TAX REV4.922% 12-01-2041 BEO TAXABLE SB4PBK49 75,000.00 73,370.25 76,987.50 DALLAS TEX AREA RAPID TRAN SALES TAX REV5.022% 12-01-2048 BEO TAXABLE SB44G8J6 290,000.00 320,189.00 298,627.50 DALLAS TEX AREA RAPID TRAN SALES TAX REV5.999% 12-01-2044 BEO TAXABLE SB5ZNLZ0 225,000.00 300,200.50 261,481.50 DALLAS TEX INDPT SCH DIST TAXABLE-SCH BLDG-C-BUILD AMER 6.45% DUE 2-15-2035 C235308RA3 165,000.00 193,076.40 185,654.70 DANA HLDG CORP COM C235825205 38,870.00 481,488.24 887,790.80 DANA HLDG CORP COM C235825205 78,150.00 1,063,838.01 1,784,946.00 DARDEN RESTAURANTS 6.8% DUE 10-15-2037 SB3BRLT6 155,000.00 186,158.10 164,090.13 DEAN FOODS CO NEW COM NEW COM USD0.01 (POST REV SPLIT) C242370203 34,368.00 658,235.90 663,302.40 DEERE & CO 3.9% DUE 06-09-2042 SBBVHMY4 260,000.00 258,116.53 229,949.46 DELPHI AUTOMOTIVE PLC CG27823106 13,000.00 363,633.43 759,460.00 DENVER COLO PUB SCHS CTFS PARTN 7.017% 12-15-2037 BEO TAXABLE C249218AK4 385,000.00 480,682.90 456,925.70 DEUTSCHE TELEKOM 9.25% DUE 06-01-2032 S2952767 365,000.00 556,179.70 534,384.09 DEVON ENERGY CORP 5.6% DUE 07-15-2041 SB3Q7W10 445,000.00 502,999.04 454,898.14 DEVON ENERGY CORP NEW COM C25179M103 8,900.00 501,362.19 514,064.00 DIAMONDBACK ENERGY INC COM C25278X109 13,100.00 547,299.84 558,584.00 DIEBOLD INC COM C253651103 41,300.00 1,252,845.66 1,212,568.00 DILLARDS INC CL A COM C254067101 7,770.00 593,811.48 608,391.00 DIRECTV HLDGS LLC 6.35% DUE 03-15-2040 SB3WNBC6 105,000.00 116,778.39 103,384.16 DIRECTV HLDGS/FING 6% DUE 08-15-2040 SB58W6M6 640,000.00 689,341.60 607,152.64

(Continued)

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DISTRICT COLUMBIA INCOME TAX REV 5.582% 12-01-2035 BEO TAXABLE SB4QBBJ0 115,000.00 134,723.65$ 128,833.35$ DISTRICT COLUMBIA INCOME TAX REV 5.591% 12-01-2034 BEO TAXABLE SB55FXJ4 140,000.00 176,538.55 157,512.60 DOMINION RES INC VA NEW COM C25746U109 35,100.00 2,016,860.38 2,193,048.00 DOMTAR CORP 6.25% DUE 09-01-2042 SB84VV12 270,000.00 268,868.70 263,568.60 DOW CHEMICAL CO 4.375% DUE 11-15-2042 SBFZDDH6 565,000.00 553,365.05 488,468.49 DR PEPPER SNAPPLE 7.45% DUE 05-01-2038 SB3L5JT6 350,000.00 482,206.90 448,578.55 DST SYS INC COM C233326107 7,166.00 375,004.40 540,388.06 DSW INC CL A CL A C23334L102 9,000.00 488,581.60 767,880.00 DTE ENERGY CO COM C233331107 36,600.00 1,882,049.70 2,414,868.00 DUKE ENERGY 4% DUE 09-30-2042 SB8GF9H4 290,000.00 275,063.40 261,780.39 DUKE ENERGY 4.25% DUE 12-15-2041 SB799H27 385,000.00 396,330.55 362,537.56 DUKE ENERGY 6% DUE 01-15-2038 SB87JR82 225,000.00 283,761.00 266,273.55 DUNKIN BRANDS GROUP INC COM C265504100 25,570.00 953,770.49 1,157,298.20 E TRADE FINL CORP FORMERLY E TRADE GROUPINC TO 10/01/2003 COM NEW COM NEW C269246401 48,900.00 435,048.10 806,850.00 EAGLE MATLS INC COM C26969P108 17,600.00 1,199,531.68 1,276,880.00 EAST BAY CALIF MUN UTIL DIST WTR SYS REV5.874% 06-01-2040 BEO TAXABLE SB7MLGD4 90,000.00 111,513.70 103,067.10 EATON VANCE CORP COM NON VTG C278265103 15,000.00 357,029.00 582,450.00 EDISON INTL COM C281020107 33,100.00 1,197,282.08 1,524,586.00 EL PASO NAT GAS CO 8.375% DUE 06-15-2032 S2787237 550,000.00 698,214.00 716,142.90 EMBARQ CORP 7.995% DUE 06-01-2036 SB156W36 450,000.00 453,438.90 458,131.95 EMC CORP 3.375% 06-01-2023 SBBFKVJ7 168,000.00 167,874.00 164,164.90 EMCOR GROUP INC COM C29084Q100 25,900.00 746,021.11 1,013,467.00 ENCANA CORP 5.15% DUE 11-15-2041 SB40MFM0 185,000.00 183,684.65 169,799.29 ENERGEN CORP COM C29265N108 5,700.00 396,503.55 435,423.00 ENERGY TRANSFER 5.95% DUE 10-01-2043 SBDWGZW3 440,000.00 429,646.80 436,812.20 ENERGY TRANSFER 6.5% DUE 02-01-2042 SB5L3ZK7 150,000.00 160,303.50 158,348.40 ENERGY TRANSFER PARTNERS L P ENERGY TRANSFER PARTNERS 6.625% DUE 10-15-2036 SBG48VD1 485,000.00 544,144.30 515,524.93 ENTERGY CORP NEW COM C29364G103 22,650.00 1,541,577.81 1,431,253.50 ENTERPRISE PRODS 4.45% DUE 02-15-2043 SB8D1HN7 170,000.00 154,730.60 150,390.84 ENTERPRISE PRODS 4.85% DUE 03-15-2044 SB9M5X40 380,000.00 370,504.08 354,181.66 ENTERPRISE PRODS 5.95% DUE 02-01-2041 SB3P4VB5 425,000.00 462,570.90 458,034.83 ENTERPRISE PRODS 6.125% DUE 10-15-2039 SB4RMRV6 230,000.00 248,064.20 254,471.31 EQT CORP COM C26884L109 10,900.00 562,674.70 967,048.00 EQUINIX INC COM NEW COM NEW C29444U502 3,530.00 742,062.88 648,284.50 Euro - - - Euro 2,586.09 2,586.09 2,586.09 EURONET WORLDWIDE INC COM C298736109 13,440.00 360,706.58 534,912.00 EVERCORE PARTNERS INC CL A CL A C29977A105 28,600.00 891,175.19 1,407,978.00 EXELIS INC SR NT 5.55% DUE 10-01-2021 SB7XX8R7 220,000.00 227,178.60 221,165.78 EXELON CORP 5.625% DUE 06-15-2035 SB0LK7L8 225,000.00 254,295.00 225,626.40 EXELON GENERATION 5.6% DUE 06-15-2042 SB715FY1 351,000.00 348,450.72 335,459.12 EXPRESS SCRIPTS 6.125% DUE 11-15-2041 SB8KMSL8 290,000.00 314,551.00 331,648.93 EXXON MOBIL CORP COM C30231G102 20,400.00 1,473,168.91 1,755,216.00 F5 NETWORKS INC COM STK C315616102 9,200.00 777,790.90 788,992.00

(Continued)

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FED HOME LN DISCOUNT NT 03-28-2014 C313385UV6 5,700,000.00 5,697,896.38$ 5,699,156.40$ FEDEX CORP 4.1% DUE 04-15-2043 SB8HKM13 395,000.00 380,435.90 341,964.93 FHLB BD 5.5% 07-15-2036 C3133XGAY0 795,000.00 1,023,617.10 939,364.85 FHLMC DTD 10/25/2000 6.75% 03-15-2031 SB4R3JV3 760,000.00 1,123,796.80 1,030,142.76 FIDELITY INV. MUTUAL FUND POOL FOR AEROSPACE C000286708 20,078,414.37 20,078,414.37 23,419,141.00 FIFTH 3RD BANCORP 8.25% DUE 03-01-2038 C316773CH1 435,000.00 552,574.31 562,794.30 FIRST REP BK SAN FRANCISCO CALIF NEW COM C33616C100 12,950.00 481,961.11 603,858.50 FIRST SOLAR INC COM C336433107 1,600.00 63,751.28 64,336.00 FL PWR & LT CO 4.05% DUE 06-01-2042 SB8C07L3 240,000.00 239,664.00 221,893.92 FL PWR & LT CO 4.95% DUE 06-01-2035 SB0B0N65 420,000.00 472,689.00 447,045.48 FL PWR & LT CO 5.25% DUE 02-01-2041 SB4V3Q52 120,000.00 150,621.60 132,216.12 FLEETCOR TECHNOLOGIES INC COM C339041105 3,790.00 374,469.65 417,506.40 FLEETMATICS GROUP PLC COM EUR0.015 CG35569105 12,300.00 479,752.06 461,865.00 FLORIDA PWR CORP 3.85% DUE 11-15-2042 SB8HN579 365,000.00 341,236.45 317,507.66 FLOWERS FOODS INC COM C343498101 42,000.00 591,492.81 900,480.00 FNMA DTD 11/03/2000 6.625% 11-15-2030 C31359MGK3 2,090,000.00 3,027,344.10 2,793,608.95 FORD MTR CO DEL 7.4% DUE 11-01-2046 SBG48VR5 390,000.00 470,655.90 466,681.02 FORD MTR CO DEL NT 4.75% 01-15-2043 SB94Q0Z1 165,000.00 149,163.30 147,258.05 FORD MTR CR CO LLC 4.375% DUE 08-06-2023 SBCVYH69 505,000.00 485,971.60 505,285.33 FORTINET INC COM C34959E109 39,790.00 916,377.15 806,145.40 FORTUNE BRANDS HOME & SEC INC COM C34964C106 42,810.00 1,296,210.04 1,782,180.30 FORUM ENERGY TECH COM USD0.01 C34984V100 41,000.00 1,134,856.39 1,107,410.00 GARTNER INC COM C366651107 15,340.00 882,982.64 920,400.00 GATX CORP 3.9% DUE 03-30-2023 SB9F8NV3 195,000.00 192,843.30 188,570.46 GEN COMMUNICATION INC CL A C369385109 44,000.00 276,341.45 418,880.00 GEN ELEC CAP CORP 5.875% DUE 01-14-2038 SB2NJ7Z1 755,000.00 835,716.40 833,426.38 GEN ELEC CAP CORP 6.15% DUE 08-07-2037 SBCZSZ30 235,000.00 263,230.65 266,269.10 GEN ELEC CAP CORP MEDIUM TERM NTS B TRANCHE TR 00818 6.875% DUE 01-10-2039 SB7XW2Z0 695,000.00 892,454.70 851,755.86 GENERAL ELEC CAP CORP TRANCHE TR 005286.75% DUE 03-15-2032/03-20-2002 SBG48W16 615,000.00 786,098.91 733,572.00 GENERAL ELEC CO 4.125% DUE 10-09-2042 SB7T4807 620,000.00 594,731.60 569,184.80 GENESEE & WYO INC CL A CL A C371559105 9,780.00 732,611.20 909,246.60 GILEAD SCIENCES 5.65% DUE 12-01-2041 SB6S0304 85,000.00 84,807.05 94,016.38 GLACIER BANCORP INC NEW COM C37637Q105 27,960.00 538,805.14 690,891.60 GNC HLDGS INC GNC HOLDINGS INC C36191G107 15,860.00 522,163.86 866,431.80 GNMA 2010-117 REMIC PASSTHRU CL KD 2% 06-20-2039 C38377J2S1 83,228.29 83,930.53 82,015.73 GNMA 2011-165 REMIC PASSTHRU CTF CL A 2.194% DUE 10-16-2037C38378BAA7 163,022.00 164,244.66 164,273.19 GNMA 5.15500020981% DUE 06-16-2031 C38375JCG8 39,382.61 40,222.57 39,559.67 GNMA FLTG RT 5.313% DUE 02-16-2036 C38373MTM2 32,724.70 34,637.05 33,188.04 GNMA POOL 710062 4.65% 01-20-2061 BEO C36297EZ32 81,860.32 91,602.52 89,158.16 GNMA POOL 710070 4.717% 03-20-2061 BEO C36297E2B0 192,814.15 214,331.63 210,477.85 GNMA POOL 736620 4.5% 07-15-2035 BEO C3620AQK93 50,452.24 53,510.90 54,161.99 GNMA POOL 745456 4% 08-20-2030 BEO C3620C1E51 54,735.35 58,447.11 58,620.46 GNMA POOL 759735 4.869% 03-20-2062 BEO C36230UY86 151,208.43 167,699.96 165,967.88 GNMA REMIC PASSTHRU SER 2012-55 CL A 1.704% 08-16-2033 C38378BRK7 128,586.07 129,871.93 128,955.36 GNMA REMIC SER 2005-010 CL D VAR RT 09-16-2032 C38373MND8 1,256.79 1,307.06 1,257.63 GNMA REMIC SER 2010-140 CL AB 2.64% 12-16-2037 C38376GXH8 150,000.00 150,750.00 154,451.85 GNMA REMIC SER 2011-47 CL B 2.61% 04-16-2035 C38376GJ43 100,000.00 100,843.75 101,632.70

(Continued)

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GNMA REMIC SER 2012-123 CL AD 1.6318% 12-16-2051 C38378BQ93 98,288.31 98,772.08$ 93,024.77$ GNMA REMIC SER 2013-118 CL AD 1.55% 06-16-2036 C38378KR43 79,794.88 78,725.76 79,414.57 GNMAII POOL 694836 SER 2059 5.616% DUE 09-20-2059 REG C36296L4V9 100,958.15 111,842.71 109,236.71 GNMAII POOL 795471 5.181% DUE 02-20-2062 REG C36177QCH4 106,877.89 119,462.60 117,406.43 GNMAII POOL 795481 5.4105% DUE 06-20-2062 REG C36177QCT8 116,485.80 127,817.03 124,819.19 GOLDMAN SACHS 6.125% DUE 02-15-2033 S2350640 190,000.00 215,396.74 207,320.59 GOLDMAN SACHS 6.75% DUE 10-01-2037 SB9CMD63 1,260,000.00 1,310,207.90 1,314,981.36 GOLDMAN SACHS FUTURE EQUITGOLDMAN SACHS 5.95% DUE 01-15-2027 SB1GJS58 95,000.00 106,893.05 100,109.20 GOLDMAN SACHS GP INC 6 45 05 01 6.45% DUE 05-01-2036 BEO SBBM55R1 360,000.00 390,599.22 365,480.64 GOOGLE INC 1.25% DUE 05-19-2014 C38259PAA0 125,000.00 125,020.75 125,724.75 GROUP 1 AUTOMOTIVE INC COM C398905109 4,590.00 153,285.86 356,551.20 GTE CORP 6.94% DUE 04-15-2028 S2239965 545,000.00 696,264.75 624,759.12 GUIDEWIRE SOFTWARE INC COM USD0.0001 C40171V100 12,990.00 539,799.41 611,958.90 HAIN CELESTIAL GROUP INC COM C405217100 7,300.00 501,310.68 562,976.00 HALLIBURTON CO 6.7% DUE 09-15-2038 SB3D2F31 170,000.00 225,804.20 211,728.88 HANCOCK HLDG CO COM C410120109 26,050.00 759,495.82 817,449.00 HARMAN INTL INDS INC NEW COM STK USD0.01 C413086109 15,540.00 1,060,906.55 1,029,214.20 HARRIS CORP DEL 6.15% DUE 12-15-2040 SB4LWT05 90,000.00 102,942.50 97,234.02 HARSCO CORP COM C415864107 35,000.00 886,173.77 871,500.00 HARTFORD FINL SVCS 4.3% DUE 04-15-2043 SB8JV032 195,000.00 193,560.00 172,079.90 HARTFORD FINL SVCS 6.1% DUE 10-01-2041 SBFN0JK4 355,000.00 376,952.07 407,497.05 HASBRO INC 6.35% DUE 03-15-2040 SB66F4L9 405,000.00 433,748.48 439,442.42 HEALTH NET INC COM C42222G108 18,360.00 606,203.57 582,012.00 HELIX ENERGY SOLUTIONS GROUP INC COM STK C42330P107 36,940.00 803,435.50 937,167.80 HERTZ GLOBAL HLDGS INC COM C42805T105 10,890.00 205,723.97 241,322.40 HESS CORP COM STK C42809H107 18,050.00 1,152,328.45 1,395,987.00 HEXCEL CORP NEW COM C428291108 18,170.00 666,258.00 704,996.00 HOME BANCSHARES INC COM C436893200 16,760.00 490,492.42 509,001.20 HOME DEPOT INC 4.2% DUE 04-01-2043 SB9N1J94 455,000.00 462,283.10 412,700.93 HOME DEPOT INC 4.875% DUE 02-15-2044 SBDD8L53 515,000.00 505,853.90 519,303.86 HOSPITALITY PPTYS TR COM SH BEN INT COM SH BEN INT C44106M102 60,400.00 1,384,904.99 1,709,320.00 HSBC BK USA 5.875% 11-01-2034 SBFN0JH1 65,000.00 67,323.75 69,949.36 HSBC BK USA N A 7% DUE 01-15-2039 SBG48WG1 390,000.00 459,576.00 468,010.92 HSBC BK USA N A GLOBAL MEDIUM TERM SUB BNT 5.625% DUE 08-15-2035 SBG48WF0 180,000.00 183,182.40 186,750.18 HSBC HLDGS PLC 6.5% DUE 09-15-2037 SBFN0JF9 80,000.00 91,783.20 90,669.68 HUDSON PACIFIC PROPERTIES INC COM C444097109 34,400.00 688,083.98 669,080.00 HUMANA INC 4.625% DUE 12-01-2042 SB8VGK80 255,000.00 244,921.40 227,084.13 HYDRO-QUEBEC 8.5% DEB 1/12/2029 USD1000 8.5% DUE 12-01-2029 REG S2742537 575,000.00 937,273.00 842,388.23 IDEX CORP COM C45167R104 20,400.00 694,261.23 1,331,100.00 IL ST TAXABLE-PENSION 5.1% DUE 06-01-2033 BEO TAXABLE SINKING FD 06-01-2024 N/C S2177258 445,000.00 401,294.85 393,331.05 IL TOOL WKS INC 3.9% DUE 09-01-2042 SB8G2XB7 140,000.00 139,582.65 120,957.90 ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 6.184% 01-01-2034 BEO TAXABLE SB4QTD76 90,000.00 114,428.70 102,965.40 ILLUMINA INC COM C452327109 12,680.00 569,418.78 1,024,924.40 IMAX CORP COM C45245E109 23,200.00 566,688.12 701,568.00

(Continued)

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INCYTE CORP COM C45337C102 20,940.00 413,925.57$ 798,861.00$ INDIANAPOLIS IND LOC PUB IMPT BD BK 6.116% 01-15-2040 BEO TAXABLE C45528S5S1 135,000.00 178,452.00 156,466.35 INFORMATICA CORP COM C45666Q102 34,000.00 984,804.68 1,324,980.00 INGRAM MICRO INC CL A C457153104 109,950.00 2,031,693.29 2,534,347.50 INTEGRA LIFESCIENCES HLDG CORP COM DESP C457985208 2,100.00 83,340.05 84,525.00 INTEGRYS ENERGY GROUP INC COM STK C45822P105 14,050.00 699,520.64 785,254.50 INTEL CORP 4.8% DUE 10-01-2041 C458140AK6 245,000.00 262,015.43 234,743.08 INTERNATIONAL BUSINESS MACHS CORP 4% NTS DUE 06-20-2042 USD1000 SB8J5PR3 214,000.00 208,491.46 191,693.71 INTERPUBLIC GROUP COMPANIES INC COM C460690100 150,400.00 1,805,907.71 2,583,872.00 INTL BUSINESS 3.375% DUE 08-01-2023 SBCR5XT1 445,000.00 443,576.00 439,036.11 INTL PAPER CO 7.3% DUE 11-15-2039 SB3MDYN8 120,000.00 133,910.40 146,440.32 INTL RECTIFIER CORP COM C460254105 42,000.00 814,935.30 1,040,340.00 INVESCO LTD COM STK USD0.20 CG491BT108 43,175.00 1,062,924.62 1,377,282.50 INVESCO LTD COM STK USD0.20 CG491BT108 25,450.00 595,363.47 811,855.00 ISRAEL(STATE OF) AID-ISRAEL 5.5% DUE 09-18-2033 REG C46513EFG2 500,000.00 643,090.00 595,209.50 ITC HLDGS CORP COM STK C465685105 32,600.00 1,771,714.56 3,059,836.00 IXIA COM C45071R109 29,440.00 518,717.75 461,324.80 J & J SNACK FOODS CORP COM STK NPV C466032109 8,300.00 330,484.92 669,976.00 JABIL CIRCUIT INC COM C466313103 68,000.00 1,006,055.97 1,474,240.00 JDS UNIPHASE CORP COM PAR $0.001 COM PAR$0.001 C46612J507 53,870.00 759,943.19 792,427.70 JOHN SEVIER COMB CYCLE 4.626% 1-15-42 SB7KGYQ0 465,753.92 481,091.75 469,587.07 JOHNSON & JOHNSON 1.2% DUE 05-15-2014 C478160AX2 250,000.00 249,652.50 251,362.50 JOHNSON & JOHNSON 2.15% DUE 05-15-2016 C478160AY0 115,000.00 120,039.30 119,364.94 JOHNSON & JOHNSON 5.95% DUE 08-15-2037 SBG48XN5 400,000.00 511,623.60 486,174.80 JOHNSON CTLS INC 5.25% DUE 12-01-2041 SB5VXX36 175,000.00 174,868.75 171,907.58 JONES LANG LASALLE INC COM STK C48020Q107 19,200.00 1,327,607.37 1,676,160.00 JONES LANG LASALLE INC COM STK C48020Q107 17,630.00 1,576,904.16 1,539,099.00 JPMORGAN CHASE & 3.2% DUE 01-25-2023 SB95L798 185,000.00 174,710.14 173,070.83 JPMORGAN CHASE & 5.6% DUE 07-15-2041 SB6QKFT9 195,000.00 224,412.26 210,237.30 JPMORGAN CHASE & CO 5.4% SNR NTS DUE 01-06-2042 USD1000 SB7FRRL4 115,000.00 121,818.45 120,979.08 JPMORGAN CHASE & CO 5.5% DUE 10-15-2040 SB9L4NM6 500,000.00 536,330.79 532,059.00 JUNIPER NETWORKS INC 5.95% DUE 03-15-2041 SBG48XP7 165,000.00 169,562.25 169,709.10 KAR AUCTION SVCS INC COM STK C48238T109 74,950.00 1,056,324.55 2,114,339.50 KEYCORP NEW COM C493267108 156,200.00 1,357,371.06 1,780,680.00 KEYSPAN CORP 5.803% DUE 04-01-2035 SB06ZMB3 170,000.00 203,389.70 180,397.37 KINDER MORGAN 5.8% DUE 03-15-2035 SBG48YC1 360,000.00 369,564.12 362,547.00 KINDER MORGAN ENERGY PARTNERS L P 5% DUE 03-01-2043 SB83ZS69 415,000.00 387,648.85 375,305.67 KINROSS GOLD CORP 6.875% DUE 09-01-2041 SB71C2Y1 215,000.00 216,545.85 188,733.45 KIRBY CORP COM C497266106 8,250.00 441,375.31 714,037.50 KOHLS CORP 3.25% DUE 02-01-2023 SB8KMP39 240,000.00 227,268.00 221,365.68 KOHLS CORP 4.75% DUE 12-15-2023 SBDG44M6 285,000.00 284,287.50 293,750.36 KORN / FERRY INTL COM NEW C500643200 42,700.00 619,316.78 913,780.00 KORN / FERRY INTL COM NEW C500643200 22,620.00 480,524.11 484,068.00 KRAFT FOODS GROUP 5% DUE 06-04-2042 SB8Y96M2 730,000.00 756,589.81 723,148.95 KRAFT FOODS INC 6.875% DUE 01-26-2039 C50075NAW4 195,000.00 241,363.20 236,518.23 KS CY SOUTHN C485170302 6,530.00 702,703.54 714,120.80 L-3 COMMUNICATIONS HLDG CORP COM C502424104 24,050.00 1,855,397.80 2,272,725.00

(Continued)

- 26 -





LA Z BOY INC COM C505336107 28,220.00 446,764.68$ 640,876.20$ LAB CORP AMER HLDGS COM NEW C50540R409 20,100.00 1,732,670.66 1,992,714.00 LANDSTAR SYS INC COM C515098101 18,450.00 751,438.83 1,032,831.00 LASALLE HOTEL PPTYS COM SH BEN INT C517942108 27,190.00 764,327.47 775,458.80 LEGG MASON INC COM C524901105 43,675.00 1,378,942.68 1,460,492.00 LIONS GATE ENTMT CORP COM NEW C535919203 31,370.00 734,537.25 1,099,518.50 LITTELFUSE INC COM C537008104 10,240.00 808,344.52 800,972.80 LIVE NATION ENTERTAINMENT INC C538034109 37,240.00 675,647.04 690,802.00 LOEWS CORP 4.125% DUE 05-15-2043 REG SB9HLNW1 180,000.00 177,919.20 154,747.08 LOS ANGELES CALIF CMNTY COLLEGE DIST 6.75% 08-01-2049 BEO TAXABLE SB4LSB85 130,000.00 157,729.00 160,876.30 LOS ANGELES CALIF UNI SCH DIST 5.755% 07-01-2029 BEO TAXABLE SB7WBM14 750,000.00 827,910.00 831,510.00 LOS ANGELES CALIF UNI SCH DIST 6.758% DUE 07-01-2034 BEO TAXABLE SB63L7C2 180,000.00 227,543.60 220,053.60 LOWES COS INC 4.65% DUE 04-15-2042 SB7B2LT9 585,000.00 588,814.95 562,475.16 LYONDELLBASELL IND N V COM USD0.01 CL ‘A’ CN53745100 8,800.00 573,080.43 644,424.00 MA ELEC CO 5.9% DUE 11-15-2039 SB59HGR5 360,000.00 435,525.20 408,540.96 MACYS RETAIL HLDGS 4.3% DUE 02-15-2043 SB92RSZ2 240,000.00 212,109.60 202,816.56 MACYS RETAIL HLDGS 5.125% DUE 01-15-2042 SB7KGR83 140,000.00 133,075.60 134,009.82 MANITOBA PROV CDA USD BD 1.375% DUE 04-28-2014 REG C563469TN5 100,000.00 101,706.00 100,601.00 MARATHON OIL CORP 2.8% DUE 11-01-2022 SB8KP3B2 270,000.00 269,343.90 251,061.66 MARATHON PETE CORP 6.5% DUE 03-01-2041 SB6W1ZC9 345,000.00 395,321.85 375,092.63 MARKEL CORP 5% DUE 03-30-2043 SB97KW76 115,000.00 112,907.00 107,099.62 MARSH & MCLENNAN COS INC 5.875% 8/1/33 S2928456 70,000.00 81,932.90 75,598.39 MARTIN MARIETTA MATLS INC COM C573284106 8,400.00 890,358.89 824,628.00 MASCO CORP COM C574599106 72,950.00 965,568.53 1,552,376.00 MASTEC INC COM C576323109 29,440.00 859,150.32 892,032.00 MCDONALDS CORP MEDIUM TERM NTS 3.7% DUE 02-15-2042 SB6T0R90 355,000.00 335,839.35 308,608.96 MEAD JOHNSON 5.9% DUE 11-01-2039 SB3YRXN1 140,000.00 161,987.00 153,432.58 MEDIVATION INC COM STK C58501N101 17,370.00 852,400.14 1,041,157.80 MEDTRONIC INC 4% DUE 04-01-2043 SB8PJ5Z7 610,000.00 603,832.10 546,534.38 MEMORIAL SLOAN-KETTERING 5% 7-1-2042 SB7DX7R0 205,000.00 206,164.88 205,859.77 MERCK & CO INC 4.15% DUE 05-18-2043 SB9D69N3 540,000.00 529,331.35 499,901.76 MERRILL LYNCH & CO 7.75% DUE 05-14-2038 SBBMT8T6 390,000.00 468,530.26 482,906.58 METLIFE INC 5.875% DUE 02-06-2041 SB4Z51H1 90,000.00 114,880.50 102,218.49 METLIFE INC FLTG RT 10.75% DUE 08-01-2069 SB3Q5R19 250,000.00 322,500.00 367,500.00 METRO TRANSN AUTH N Y REV 5.871% 11-15-2039 BEO TAXABLE SB4ZM5B4 370,000.00 398,882.20 393,128.70 MFO DFA INVT DIMENSIONS GP INC EMERGING MKTS CORE EQUITY PORT C233203421 4,816,029.23 102,778,343.32 92,756,722.97 MFO DODGE & COX INTL STK FD C256206103 3,074,824.97 111,499,315.34 124,776,397.28 MFO PIMCO AST BACKED SEC PORTFOLIO FD 460 C72200Q109 523,227.10 5,661,268.27 6,294,422.01 MFO PIMCO FDS PAC INVT MGMT SER SHORT-TERM PORTFOLIO INSTL CL C722005402 593,113.90 5,660,872.99 5,670,168.88 MFO PIMCO FDS PAC INVT MGMT SER INVT GRADE CORP PORTFOLIO INSTL CL C722005873 3,572,710.45 37,063,887.21 39,692,813.10 MFO PIMCO FDS PAC INVT MGMT SER PVT ACCTPORTFOLIO SER MUN SECTOR C722005824 334,238.98 2,734,307.08 2,730,732.46

(Continued)

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MFO PIMCO FDS PAC INVT MGMT SER REAL RETURN BD PORTFOLIO INSTL CL FD488 C722005832 3,923,942.87 37,548,501.03$ 35,590,161.83$ MFO PIMCO FDS PAC INVT MGMT SER U S GOVTSECTOR PORTFOLIO INSTL CL C722005600 4,739,860.85 45,598,913.05 42,042,565.74 MFO PIMCO FDS PAPS EMERGING MKTS PORTFOLIO INSTL CL C722005840 825,138.67 8,300,132.09 8,350,403.34 MFO PIMCO FDS PAPS INTL PORTFOLIO INSTL CL C722005857 4,783,365.38 23,076,447.05 22,051,314.40 MFO PIMCO HI YIELD PORTFOLIO FD 477 C722005865 729,808.52 5,625,957.94 5,495,458.15 MFO PIMCO PAPS MORTGAGE PORTFOLIO INSTL CL C722005808 6,884,784.65 75,436,730.50 73,598,347.90 MICHAEL KORS HOLDINGS LTD COM NPV CG60754101 7,730.00 424,496.08 576,039.60 MICROCHIP TECHNOLOGY INC COM C595017104 20,600.00 790,766.68 829,974.00 MICROSOFT CORP 2.95% DUE 06-01-2014 C594918AB0 225,000.00 240,232.50 228,852.00 MICROSOFT CORP 3.5% DUE 11-15-2042 C594918AR5 400,000.00 339,496.00 323,614.40 MICROSOFT CORP 3.75% DUE 05-01-2043 C594918AU8 275,000.00 263,939.50 232,236.13 MID-AMER APT CMNTYS INC COM C59522J103 15,220.00 1,066,314.26 951,250.00 MIDAMERICAN ENERGY 5.95% DUE 05-15-2037 SB2374T8 700,000.00 835,884.00 776,794.20 MIDAMERICAN ENERGY 6.125% DUE 04-01-2036 SB1FTHZ2 160,000.00 194,492.80 178,991.68 MIDAMERICAN ENERGY 8.48% DUE 09-15-2028 S2293433 450,000.00 630,697.50 625,378.05 MILLER HERMAN INC COM C600544100 24,000.00 521,963.00 700,320.00 MOHAWK INDS INC COM C608190104 13,230.00 1,381,920.52 1,723,207.50 MONDELEZ INTERNATIONAL INC 6.875% DUE 02-01-2038 C50075NAT1 800,000.00 1,037,061.40 967,079.20 MOODYS CORP 4.875% DUE 02-15-2024 C615369AC9 200,000.00 198,862.00 200,435.60 MORGAN STANLEY 6.375% DUE 07-24-2042 SB98G6S2 145,000.00 167,699.84 164,092.59 MORGAN STANLEY 7.25% DUE 04-01-2032 SB4021X3 130,000.00 164,178.10 159,267.94 MOSAIC CO NEW 4.875% DUE 11-15-2041 SB74WKS8 75,000.00 73,879.50 68,607.23 MUNICIPAL ELEC AUTH GA 6.637% 04-01-2057BEO TAXABLE SB65K4T3 65,000.00 73,525.32 67,314.00 MURPHY OIL CORP 5.125% 12-01-2042 SB7WNRX7 305,000.00 300,984.90 266,470.88 MURPHY OIL CORP 3.7% DUE 12-01-2022 SB7RPD96 190,000.00 189,228.60 177,091.97 N SHORE LONG IS 6.15% DUE 11-01-2043 SBDT7XZ8 225,000.00 224,376.75 233,835.75 NATIONAL RURAL UTILS COOP FIN CORP 4.023% DUE 11-01-2032 REG SB8ZNRP3 377,000.00 350,120.62 362,447.80 NATL FUEL GAS CO COM C636180101 10,100.00 556,591.64 694,476.00 NBCUNIVERSAL MEDIA 4.45% DUE 01-15-2043 SB7W15J3 375,000.00 373,721.25 346,584.00 NCR CORP COM C62886E108 26,650.00 769,607.02 1,055,606.50 NEVADA PWR CO 6.65% DUE 04-01-2036 SB1G2SS0 200,000.00 261,118.67 247,326.40 NEW JERSEY ST TPK AUTH TPK REV 7.102% 01-01-2041 BEO TXBLE SB4WN3T4 820,000.00 1,089,376.30 1,030,772.80 NEW JERSEY ST TPK AUTH TPK REV 7.414% 01-01-2040 BEO TXBLE SB3YD6H4 220,000.00 321,550.40 286,000.00 NEW YORK LIFE INS 6.75% DUE 11-15-2039 SB4VBR19 120,000.00 150,165.60 148,556.64 NEW YORK N Y 5.846% 06-01-2040 BEO TAXABLE SB5ZQM23 100,000.00 108,112.00 114,171.00 NEW YORK N Y 6.246% 06-01-2035 BEO TAXABLE C64966HYX2 150,000.00 175,428.00 161,622.00 NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.508% 08-01-2037 BEO TAXABLE SB4XCYP3 480,000.00 576,484.80 529,358.40 NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.572% 11-01-2038 BEO TAXABLE SB56SPB8 240,000.00 290,268.40 263,570.40 NEW YORK N Y TAXABLE-SER D-1-BUILD AMER BDS 5.985% DUE 12-01-2036 REG TAXABLE SB546YZ1 140,000.00 166,891.40 157,913.00 NEW YORK ST DORM AUTH ST PERS INCOME TAXREV 5.628% 03-15-2039 BEO TAXABLE SB42KVY6 720,000.00 828,134.60 780,840.00 NY ST URBAN DEV CORP REV 5.77% 03-15-2039 BEO TAXABLE SB40VJC5 105,000.00 116,217.15 114,545.55 NY ST URBAN DEV CORP REV 5.838% 03-15-2040 BEO TAXABLE SB4XJZV7 160,000.00 202,192.80 170,590.40

(Continued)

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NEWMONT MNG CORP 5.875% DUE 04-01-2035 SB06N1P4 330,000.00 368,745.30$ 296,048.94$ NEWS AMER HLDGS 7.75% DUE 12-01-2045 S2624895 255,000.00 306,464.10 312,190.64 NEWS AMER INC 6.9% DUE 08-15-2039 SB4WYBQ0 185,000.00 220,965.85 215,053.44 NEWS AMER INC 7.85% DUE 03-01-2039 SB3XF949 300,000.00 370,977.00 377,346.30 NEWS CORP NEW CL B CL B C65249B208 58,530.00 945,203.33 961,647.90 NEXEN INC 6.4% DUE 05-15-2037 SB1WV0T6 195,000.00 245,708.38 213,873.86 NEXEN INC 7.5% DUE 07-30-2039 SB3VT9W1 210,000.00 256,998.55 257,729.64 NEXTERA ENERGY INC COM C65339F101 30,850.00 2,100,423.76 2,472,936.00 NIPPON TELEG & TEL CORP 1.4% DUE 07-18-2017 REG C654624AE5 30,000.00 29,959.50 29,791.29 NISOURCE FIN CORP 4.8% DUE 02-15-2044 SB976296 335,000.00 333,576.25 300,010.26 NISOURCE FIN CORP 5.25% DUE 02-15-2043 SB846RN1 280,000.00 279,619.20 269,053.96 NISOURCE INC COM C65473P105 51,600.00 1,258,672.03 1,593,924.00 NJ RES CORP COM C646025106 - - - NOBLE HLDG INTL 5.25% DUE 03-15-2042 SB763S29 85,000.00 89,549.20 77,402.62 NOBLE HLDG INTL 6.05% DUE 03-01-2041 SB656383 170,000.00 192,502.90 170,853.40 NORFOLK SOUTHN 3.95% DUE 10-01-2042 SB8HY550 205,000.00 172,714.55 173,842.87 NORTH TEX TWY AUTH REV 6.718% 01-01-2049BEO TAXABLE SB3XNKQ2 265,000.00 327,926.74 320,247.20 NORTHEAST UTILITIES COM C664397106 21,800.00 920,007.05 899,250.00 NORTHN STS PWR CO 3.4% DUE 08-15-2042 SB8KCXG8 320,000.00 317,555.20 263,328.32 NORTHROP GRUMMAN 4.75% DUE 06-01-2043 SBB9ZSW0 635,000.00 634,343.20 599,136.47 NORTHWESTN MUT 6.063% DUE 03-30-2040 SB58P7W2 310,000.00 367,211.33 355,993.15 NOVANT HEALTH INC 4.371% DUE 11-01-2043 SB9GVWC5 140,000.00 140,000.00 122,020.78 NOVARTIS CAP CORP GTD NT 4.125% DUE 02-10-2014/02-10-2009 C66989HAA6 200,000.00 211,612.00 202,620.00 NPS PHARMACEUTICALS INC COM C62936P103 25,770.00 675,334.50 819,743.70 NU SKIN ENTERPRISES INC CL A CL A C67018T105 8,810.00 717,189.06 843,469.40 NUCOR CORP 5.2% DUE 08-01-2043 SBCJ52H0 135,000.00 134,856.90 128,668.37 NXP SEMICONDUCTORS N V COM STK CN6596X109 36,380.00 1,188,751.96 1,353,699.80 NY N Y TAXABLE-BUILD AMER BDS-F-1 6.271% DUE 12-01-2037 SB5BC128 485,000.00 601,961.10 564,840.70 NYU HOSPS CTR 5.75% DUE 07-01-2043 SBCJSQG6 120,000.00 120,000.00 123,686.88 OASIS PETE INC NEW COM STK C674215108 25,000.00 695,349.87 1,228,250.00 OASIS PETE INC NEW COM STK C674215108 38,690.00 1,363,651.18 1,900,839.70 OCCIDENTAL PETROLEUM CORP C674599105 25,100.00 2,152,444.92 2,347,854.00 OCEANEERING INTL INC COM C675232102 7,020.00 422,310.87 570,304.80 OCWEN FINL CORP COM NEW COM NEW C675746309 32,550.00 1,106,280.16 1,815,313.50 OGLETHORPE PWR 4.2% DUE 12-01-2042 SB90ZDZ3 510,000.00 482,643.65 442,645.32 OMNICOM GROUP INC COM C681919106 38,525.00 1,898,078.00 2,444,026.00 ONCOR ELEC 4.55% DUE 12-01-2041 SB8B7B80 240,000.00 241,749.79 229,989.12 ONCOR ELEC 5.3% DUE 06-01-2042 SB7ZBFD4 135,000.00 134,674.65 142,786.94 ONEOK INC COM STK C682680103 36,600.00 580,484.00 1,951,512.00 ONEOK PARTNERS L P 5% DUE 09-15-2023 SBDS54F0 320,000.00 319,872.00 328,387.84 ONEOK PARTNERS L P 6.2% DUE 09-15-2043 SBDS54B6 220,000.00 219,047.40 226,635.86 ORACLE CORP 5.375% DUE 07-15-2040 SB7FNML7 640,000.00 709,801.90 696,938.88 ORACLE CORP BNDS 3.625% DUE 07-15-2023 SBFNXTW5 155,000.00 153,601.90 154,586.15 ORANGE CNTY CALIF LOC TRANSN AUTH SALES TAX REV 6.908% 02-15-2041 BEO TAXABLE SB4SBQN7 175,000.00 243,463.95 219,227.75 ORANGE NT STEP UP 03-01-2031 02-28-2031 SB2PPTQ2 250,000.00 377,905.00 332,737.25 OREGON ST DEPT TRANSN HWY USER TAX REV 5.834% 11-15-2034 BEO TAXABLE SB5YBV22 215,000.00 256,843.30 249,636.50 OWENS CORNING NEW COM STK C690742101 36,450.00 1,231,406.09 1,384,371.00

(Continued)

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PAC GAS & ELEC CO 4.45% DUE 04-15-2042 SB80L9N4 65,000.00 65,117.00$ 58,937.58$ PAC GAS & ELEC CO 6.25% DUE 03-01-2039 SB614LG5 700,000.00 879,557.00 798,430.50 PACIFIC BELL 7.125% DUE 03-15-2026 S2701130 320,000.00 375,094.40 384,856.64 PACIFICORP 5.75% DUE 04-01-2037 SB1V72T9 400,000.00 487,244.00 459,862.80 PACKAGING CORP AMER COM ISIN US6951561090 C695156109 11,050.00 434,116.80 630,844.50 PANAMA REP AMRTIZING GLBAL BD 6.7% DUE 01-26-2036 REG SINKING FUND 01-26-2034 SB84Y401 740,000.00 1,019,406.92 845,450.00 PANAMA REP GLOBAL BD 4.3% DUE 04-29-2053REG SINKING FUND 04-29-2051 C698299BB9 360,000.00 360,000.00 278,100.00 PANAMA REP PANAMA GLOBAL 2029 ISIN US698299AK07 9.375% DUE 04-01-2029 BEO C698299AK0 115,000.00 165,887.50 164,162.50 PANAMA REP T-BOND 7.125% DUE 01-29-2026 REG SB84L703 255,000.00 335,444.93 311,737.50 PARKER-HANNIFIN CORP COM C701094104 21,150.00 2,046,310.73 2,299,428.00 PENNYMAC MTG INVT TR COM REIT C70931T103 47,050.00 1,050,840.57 1,067,094.00 PEPSI BOTTLING 7% DUE 03-01-2029 S2541262 250,000.00 357,202.50 315,006.50 PEPSICO INC SR NT 4.875% DUE 11-01-2040 SB58NF99 450,000.00 506,585.50 455,620.50 PERU REP BD 6.55% DUE 03-14-2037 BEO C715638AU6 55,000.00 62,012.50 65,037.50 PERU REP US$ GLOBAL BD 5.625% DUE 11-18-2050 REG SB84L725 325,000.00 331,642.26 335,562.50 PETROBRAS GLOBAL 5.625% DUE 05-20-2043 SB99K1W2 515,000.00 486,450.40 431,307.35 PETROBRAS INTL FIN CO 6.875% DUE 01-20-2040 REG SBG49190 35,000.00 42,649.95 34,381.97 PETROLEOS 5.5% DUE 06-27-2044 SB8NVFC2 160,000.00 177,262.60 145,254.24 PETROLEOS 6.5% DUE 06-02-2041 C71654QAZ5 1,150,000.00 1,165,623.80 1,191,834.70 PETSMART INC COM C716768106 9,760.00 654,991.18 744,297.60 PFIZER INC 4.3% DUE 06-15-2043 SBCLYQM8 150,000.00 142,699.50 141,307.05 PHILIP MORRIS INTERNATIONAL INC 3.875% BDS DUE 08-21-2042 USD1000 SB90G0K0 755,000.00 718,614.85 639,980.28 PHILIP MORRIS INTL 2.5% DUE 08-22-2022 SB994CD2 285,000.00 281,785.20 262,416.03 PHILIPPINES REP GLOBAL BD 6.375% DUE 01-15-2032 REG C718286BD8 385,000.00 473,850.00 450,931.25 PHILIPPINES REP GLOBAL BD 6.375% DUE 10-23-2034 REG C718286BG1 115,000.00 147,487.50 135,556.25 PHILIPPINES (REP OF) GLOBAL BD 7.75% DUE 01-14-2031 REG C718286BB2 305,000.00 431,046.25 397,262.50 PHILLIPS 66 5.875% DUE 05-01-2042 SB7RB2F3 170,000.00 178,345.30 178,569.19 PIER 1 IMPORTS INC COM C720279108 26,150.00 581,058.11 510,448.00 PIKE CORPORATION NAME CHANGE PIKE CORPORATION C721283109 134,140.00 1,503,827.28 1,518,464.80 PILGRIMS PRIDE CORP C72147K108 50,150.00 513,039.02 842,018.50 PINNACLE FINL PARTNERS INC COM C72346Q104 24,090.00 480,566.85 718,122.90 PINNACLE W. CAP CORP COM C723484101 37,050.00 1,508,765.91 2,028,117.00 PLAINS ALL AMERN 6.7% DUE 05-15-2036 SB1LGQ83 115,000.00 135,700.00 136,540.65 PLANTRONICS INC NEW COM C727493108 10,500.00 291,605.33 483,525.00 PORT AUTH NY&N J 5.647 ONE HNDRD SIXTY(FIFTH) 11-01-40 SB3WV4Q5 155,000.00 176,218.95 168,570.25 PORT AUTH N Y & N J 5.647 TAXABLE ONE HUNDRED SIXTYFOURTH 11-01-40 SB7M9C63 65,000.00 79,589.25 70,690.75 PORT SEATTLE WASH REV 7% 05-01-2036 BEO TAXABLE SB68DL09 260,000.00 297,927.25 299,673.40 POTLATCH CORP NEW REIT C737630103 12,400.00 484,767.32 492,032.00 POTOMAC ELEC PWR 4.15% DUE 03-15-2043 SB95XX07 115,000.00 114,550.35 106,836.73 POTOMAC ELEC PWR 6.5% DUE 11-15-2037 SB3D2YJ0 245,000.00 324,112.95 310,207.98 PPDC ENERGY INC COM C69327R101 6,460.00 259,850.00 384,628.40 PPL CORP COM ISIN US69351T1060 C69351T106 29,600.00 823,667.00 899,248.00 PPL ELEC UTILS 5.2% DUE 07-15-2041 SB606VM8 125,000.00 143,715.00 134,999.13 PPL ELEC UTILS 6.45% DUE 08-15-2037 SBH65V37 175,000.00 227,820.25 219,468.90

(Continued)

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PRIMERICA INC COM C74164M108 36,950.00 831,757.62$ 1,490,563.00$ PRUDENTIAL FINL 5.625% DUE 06-15-2043 SB92RSV8 525,000.00 537,303.50 494,487.00 PRUDENTIAL FINL INC MEDIUM TERM NTS BOOK TRANCHE 00008 5.4 06-13-2035 REG SBBJNJG5 180,000.00 184,044.60 187,459.02 PUBLIC SERVICE CO OF COLORADO 3.6% DUE 09-15-2042 SB7V8P28 240,000.00 239,169.60 203,442.96 PUBLIC SVC CO COLO 6.5% DUE 08-01-2038 SB3CH1C8 150,000.00 204,540.00 191,337.15 PULTE GROUP INC C745867101 - - - PVH CORP COM USD1 C693656100 6,710.00 867,207.64 796,409.90 PVT EXPT FDG CRP SECD NT SER U 4.95% DUE 11-15-2015 REG C742651DB5 95,000.00 109,342.15 103,727.65 PVTPL CR SUISSE 1ST BSTN MTG SECS CORP SER 2002-P1 CL-A 144A VAR RT 3-25-32 BEO C22540VK43 5,525.41 5,525.41 4,996.44 PVTPL DEN NORSKE STATS OLJESELSKAP A S -STATO DEB 144A 6.5% DUE 12-01-2028 S2324601 490,000.00 622,981.10 611,179.45 PVTPL DEUTSCHE TELEKOM INTL FIN B V 4.875% DUE 03-06-2042 C25156PAR4 115,000.00 106,860.30 108,309.76 PVTPL FREEPORT-MCMORAN COPPER&GOLD INC SR NT 144A 5.45% DUE 3-15-43/3-7-13 BEO SB92XM36 210,000.00 204,267.00 188,226.15 PVTPL GTD SR NT 5.7% DUE 07-15-2043 BEO SBCGXPP6 60,000.00 59,787.60 59,554.14 PVTPL HLLIBRTN CO DEB 144A 7.6% DUE 08-15-2096 BEO SB2QP9M7 135,000.00 194,880.60 181,058.22 PVTPL JERSEY CENT PWR & LT CO SR NT 144A4.7% DUE 04-01-2024/08-21-2013 BEO SBD524K9 355,000.00 353,157.55 359,444.60 PVTPL MASS MUT LIFE INS CO SURP NT 144A 8.875% DUE 06-01-2039 BEO SB4YX002 130,000.00 193,521.90 188,237.79 PVTPL METLIFE CAP TR X JR SUB DEB 144A 9.25% DUE 04-08-2038 SB4ZPB37 210,000.00 241,689.00 266,700.00 PVTPL NATIONWIDE MUT INS CO SURPLUS NT 144A 9.375% DUE 08-15-2039 REG SB3YCMZ1 140,000.00 169,268.40 192,936.52 PVTPL NEWS AMERICA INC SR NT 5.4% DUE 10-01-2043 SBF5ZV45 175,000.00 174,046.25 175,207.73 PVTPL QTEL INTL FIN LTD GTD GLOBAL TRANCHE TR 770 3.875 01-31-2028 C74735K2B7 275,000.00 271,793.50 240,625.00 PVTPL SCHNEIDER ELEC SA NT 2.95% DUE 09-27-2022 BEO C80687PAA4 315,000.00 317,305.80 294,386.40 PVTPL SMITHS GP PLC GTD NT 3.625% DUE10-12-2022 BEO C83238PAD6 - - - PVTPL STANDARD CHARTERED PLC SUB NT 144A5.2% DUE 01-26-2024 BEO C853254AL4 310,000.00 309,727.20 311,463.20 PVTPL THAI OIL PUB CO LTD SR NT 144A 4.875% DUE 01-23-2043 BEO SB94J588 270,000.00 262,251.00 220,609.98 PVTPL ZOETIS INC SR NT 144A 4.7% DUE 02-01-2043/08-01-2042 BEO SB79MW21 395,000.00 396,691.10 368,119.07 QEP RES INC COM STK C74733V100 6,100.00 173,363.64 168,909.00 QUANTA SVCS INC COM C74762E102 49,970.00 1,343,795.31 1,374,674.70 QUEBEC PROV CDA PROVINCE DE QUEBEC GLOBAL NOTE 7.5% DUE 09-15-2029 BEO C748148QR7 315,000.00 480,617.55 426,516.30 RED HAT INC COM C756577102 13,560.00 684,529.60 625,658.40 REDWOOD TR INC COM C758075402 72,650.00 1,220,652.36 1,430,478.50 REGIONAL TRANSN DIST COLO SALES TAX REV 5.844% 11-01-2050 BEO TAXABLE C759136QP2 60,000.00 75,272.40 69,179.40 REGIONS FINL CORP NEW COM C7591EP100 125,950.00 951,898.36 1,166,297.00 RENAISSANCE RE HLDGS LTD COM CG7496G103 21,050.00 1,398,762.36 1,905,656.50

(Continued)

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REORG/ACTAVIS INC STK MERGER ACTAVIS PLC 2R1PAW1 EFF 10-01-2013 C00507K103 7,000.00 569,799.32$ 1,008,000.00$ REORG/ATMI INC CASH MERGER EFF 04-30-2014 C00207R101 24,000.00 430,825.59 636,480.00 REORG/GREEN MTN NAME CHANGE KEURIG GR 2U1TA21 EFF 03-11-2014 C393122106 6,400.00 473,274.43 482,112.00 REORG/ING U S INC NAME CHANGE VOYA FINANCIAL INC 2U1EAR1 04-07-2014 C45685E106 49,650.00 1,111,965.76 1,450,276.50 REORG/OFFICEMAX INC STOCK MERGER OFFICEDEPOT 2669722 EFF 11-06-2013 C67622P101 132,344.00 1,360,578.74 1,692,679.76 REORG/PERRIGO CASH AND STK MERGER PERRIGO CO LTD 0002T1WAN1 12-19-2013 C714290103 12,700.00 1,362,522.18 1,566,926.00 REORG/SANTARUS INC COM CASH MERGER 01-03-2014 C802817304 34,310.00 881,542.56 774,376.70 REORG/THE JONES GROUP INC COMMON STOCK CASH MERGER EFF 04-09-2014 C48020T101 71,800.00 831,922.61 1,077,718.00 REORG/VODAFONE GROUP REVERSE STOCK SPLIT VODAFONE 2V16AM1 EFF 02-24-2014 C92857W209 29,000.00 919,673.52 1,020,220.00 REPUBLIC SVCS INC 6.2% DUE 03-01-2040 SB53WC78 380,000.00 456,931.00 433,508.18 RESMED INC COM C761152107 13,530.00 674,095.84 714,654.60 RESOURCES CONNECTION INC COM C76122Q105 87,000.00 1,296,716.87 1,180,590.00 REYNOLDS AMERN INC 4.75% DUE 11-01-2042 SB8BCLJ6 410,000.00 403,999.00 357,494.58 RIO TINTO FIN USA 4.125% DUE 08-21-2042 SB8NWTL2 695,000.00 662,929.40 586,473.67 RIO TINTO FIN USA PLC 2.875 08-21-2022 SB7643G1 120,000.00 119,028.58 110,264.52 ROSETTA RES INC COM C777779307 22,790.00 1,093,838.81 1,241,143.40 ROWAN COS INC 5.4% DUE 12-01-2042 SB8MGSC9 175,000.00 174,256.25 158,122.83 ROYAL BK CDA GLOBAL MED TERM SR BK NTTRANCHE TR 1.15% DUE 03-13-2015 C78008T2C7 100,000.00 99,968.00 100,855.30 S CAROLINA ELEC & 4.6% DUE 06-15-2043 SBBHV6D7 300,000.00 298,500.00 291,835.50 SAFEWAY INC 7.25% DUE 02-01-2031 SBFZDDS7 175,000.00 199,439.92 177,186.10 SAIA INC COM STK C78709Y105 9,340.00 281,866.90 291,221.20 SALIX PHARMACEUTICALS LTD COM DE C795435106 8,430.00 446,266.81 563,798.40 SAN ANT TX ELEC & GAS REV 5.718% 02-01-2041 BEO TXBLE SB4R70G7 315,000.00 380,280.40 358,561.35 SAN ANTONIO TEX ELEC & GAS REV TAXABLE 4.427% DUE 02-01-42 TAXABLE SF02-01-31 SB8J90T2 240,000.00 240,000.00 228,489.60 SAN DIEGO CNTY CALIF REGL TRANSN COMMN SALES TAX REV 5.911% 04-01-2048 REG SB5V2QH8 385,000.00 499,686.64 440,078.10 SAN FRANCISCO CALIF CY & CNTY PUB UTILS COMMN WTR REV 6.95% 11-01-2050 BEOTAXABLE SB585KY5 140,000.00 196,691.60 172,356.80 SCANA CORP NEW COM C80589M102 48,900.00 1,860,399.40 2,251,356.00 SCHAWK INC CL A COM STK C806373106 37,000.00 429,458.68 549,080.00 SCHERING PLOUGH STEP CPN 6.5% DUE 12-01-2033 S2197621 300,000.00 411,147.00 381,651.30 SCHLUMBERGER LTD COM COM C806857108 31,500.00 2,202,436.45 2,783,340.00 SEATTLE GENETICS INC COM C812578102 15,920.00 380,396.86 697,773.60 SEMPRA ENERGY INC COM STK C816851109 11,600.00 1,008,542.28 992,960.00 SERVICENOW INC COM USD0.001 C81762P102 10,810.00 484,506.29 561,579.50 SHELL INTERNATIONAL FIN 4.55% DUE 08-12-2043 REG SBCZQWS8 780,000.00 771,690.35 768,437.28 SHELL INTL FIN B V 4% DUE 03-21-2014 C822582AF9 175,000.00 186,518.50 177,983.92 SHERWIN WILLIAMS CO 4% DUE 12-15-2042 SB93L8Z3 160,000.00 155,905.60 140,639.52 SIEMENS 6.125% DUE 08-17-2026 SB1BS0H6 280,000.00 334,574.80 331,623.60 SIGNATURE BK NY N Y COM C82669G104 4,590.00 373,867.68 420,076.80

(Continued)

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SIX FLAGS ENTMT CORP NEW COM C83001A102 36,400.00 1,119,575.43$ 1,229,956.00$ SM ENERGY CO COM C78454L100 17,100.00 1,068,129.36 1,319,949.00 SMALL BUSINESS ADMIN GTD LN POOL CTFS SBA509198 FLTG RT DUE 06-25-2022 C83164LGF2 52,544.96 56,403.74 55,829.02 SMITH A O CORP COM C831865209 20,630.00 582,657.20 932,476.00 SODASTREAM INTERNATIONAL LTD COM STK CM9068E105 18,760.00 916,640.96 1,170,436.40 SOUTH CAROLINA ELEC & GAS CO 4.35% DUE 02-01-2042 SB6SXB65 365,000.00 372,346.20 339,584.69 SOUTH JERSEY INDS INC COM C838518108 42,700.00 1,248,752.69 2,501,366.00 SOUTHERN PWR CO 5.25% DUE 07-15-2043 SBCB8385 315,000.00 316,815.55 313,942.55 SOUTHN CAL EDISON 3.9% DUE 03-15-2043 SB91R9M7 590,000.00 586,477.70 524,433.89 SOUTHN CAL EDISON 3.9% DUE 12-01-2041 SB70Y066 350,000.00 364,846.30 312,946.90 SOUTHN CAL EDISON 6% DUE 01-15-2034 S2317894 250,000.00 317,095.00 296,852.00 SOUTHN COPPER CORP 7.5% DUE 07-27-2035 SB8Q7066 225,000.00 246,375.95 236,368.80 SPECTRA ENERGY CAP 3.3% DUE 03-15-2023 SB8L5C25 200,000.00 199,354.00 178,584.40 ST JUDE MED INC 4.75% DUE 04-15-2043 SB9J49Y2 405,000.00 388,478.20 384,547.91 STANCORP FINL GROUP INC COM C852891100 13,700.00 523,644.00 753,774.00 STANFORD LELAND JR 3.625% DUE 05-01-2014 C854403AA0 152,000.00 162,734.50 154,857.60 STAPLES INC 4.375% DUE 01-12-2023 SB8T0K95 370,000.00 369,289.60 356,511.28 STAPLES INC COM C855030102 128,425.00 1,892,459.68 1,881,426.25 STARBUCKS CORP 3.85% DUE 10-01-2023 C855244AD1 450,000.00 449,838.00 457,418.25 STATOIL ASA 1.8% DUE 11-23-2016 C85771PAD4 105,000.00 107,516.50 107,641.90 STATOIL ASA 3.95% DUE 05-15-2043 SBLSP5D1 415,000.00 392,142.85 367,795.41 STATOIL ASA 5.1% DUE 08-17-2040 SB522X65 140,000.00 144,222.40 147,125.16 STATOILHYDRO ASA 3.875% DUE 04-15-2014 C85771SAB2 125,000.00 134,542.50 127,292.75 STERIS CORP COM C859152100 22,500.00 723,848.95 966,600.00 STIFEL FINL CORP COM C860630102 5,846.00 176,542.62 240,972.12 STRATEGIC HOTELS & RESORTS INC COM C86272T106 78,760.00 541,826.19 683,636.80 SUNCOR ENERGY INC 5.95% DUE 12-01-2034 BEO SB01YRG5 400,000.00 430,520.00 437,002.00 SUNCOR ENERGY INC 6.5% DUE 06-15-2038 SBBVJ660 175,000.00 206,841.25 203,936.60 SUPERIOR ENERGY SVCS INC COM C868157108 85,195.00 2,265,939.43 2,133,282.80 SUSSER HLDGS CORP COM STK C869233106 12,240.00 628,277.63 650,556.00 Swiss franc 1,010.87 1,010.87 1,010.87 TALISMAN ENERGY 6.25% DUE 02-01-2038 SB1GXNV1 140,000.00 155,145.20 141,883.14 TARGET CORP 4% DUE 07-01-2042 SB9K8J87 595,000.00 582,829.45 528,637.27 TAYLOR MORRISON HOME CORP COM USD0.00001 C87724P106 53,950.00 1,241,682.81 1,221,967.50 TCF FNCL CORP COM C872275102 42,650.00 567,814.10 609,042.00 TCI COMMUNICATIONS 7.875% DUE 02-15-2026 S2877235 300,000.00 387,465.00 392,279.10 TE CONNECTIVITY LTD CH84989104 28,275.00 1,013,243.05 1,464,079.50 TEACHERS INS & 6.85% DUE 12-16-2039 SB50WZ61 470,000.00 588,729.30 581,649.44 TELECOM ITALIA CAP 7.2% DUE 07-18-2036 SB8DHVZ5 40,000.00 37,936.00 37,166.56 TELUS CORP COM C87971M103 37,600.00 1,271,241.06 1,245,312.00 TENNECO INC C880349105 18,360.00 863,519.32 927,180.00 TENNESSEE VALLEY AUTH GLOBAL PWR BD 2000SER G 7.125% DUE 05-01-2030 REG SB4PVQM9 150,000.00 224,574.00 202,070.70 TENNESSEE VALLEY AUTH GLOBAL PWR BD 2009SER C 5.25% DUE 09-15-2039 REG SB4NTYJ8 820,000.00 1,011,519.20 893,815.58 TENNESSEE VALLEY AUTH GLOBAL PWR BD 2012SER B 3.5% DUE 12-15-2042 REG SB8JF669 540,000.00 535,938.56 439,901.28 TETRA TECH INC NEW COM C88162G103 28,650.00 662,976.22 741,748.50

(Continued)

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TEXAS INDS INC COM C882491103 8,191.00 329,586.48$ 543,145.21$ TEXAS ST 5.517% 04-01-2039 BEO TAXABLE SB78JF35 460,000.00 548,693.24 520,701.60 TEXAS TRANSN COMMN ST HWY FD REV 5.178% 04-01-2030 BEO TAXABLE SB52BMP4 370,000.00 432,511.50 406,815.00 THE MADISON SQUARE GARDEN COMPANY C55826P100 11,180.00 660,842.52 649,222.60 TIME WARNER CABLE 6.55% DUE 05-01-2037 SBBNBG20 980,000.00 1,114,923.60 901,723.48 TIME WARNER CABLE 6.75% DUE 06-15-2039 SB62X8Y8 120,000.00 146,132.40 111,824.40 TIME WARNER CABLE 7.3% DUE 07-01-2038 SB3B14R7 705,000.00 930,773.40 701,534.93 TIME WARNER INC 6.1% 07-15-2040 SB3WWGW8 685,000.00 787,987.41 734,952.26 TORCHMARK CORP COM C891027104 21,375.00 925,712.26 1,546,481.25 TORONTO DOMINION 1.375% DUE 07-14-2014 C89114QAA6 135,000.00 135,170.95 136,150.20 TOTAL CAP INTL 3.7% DUE 01-15-2024 SBCZM4V3 260,000.00 259,337.00 261,164.54 TRANSCANADA 6.2% DUE 10-15-2037 SB287YY8 130,000.00 171,117.70 150,036.12 TRANSCANADA 7.625% DUE 01-15-2039 SB3KV7R9 105,000.00 153,994.05 139,099.38 TRANSCANADA CORP COM STK C89353D107 44,515.00 1,907,903.19 1,955,989.10 TRANSOCEAN INC 6.8% DUE 03-15-2038 SB29V1L5 295,000.00 340,962.54 313,187.34 TRAVELERS COS INC 4.6% DUE 08-01-2043 SBCLBGF2 245,000.00 244,367.90 242,165.11 TREASURY WINE ESTATES LTD SPONSORED ADR C89465J109 234,300.00 1,056,184.34 974,688.00 TRINITY IND INC COM C896522109 18,000.00 593,286.75 816,300.00 TRW AUTOMOTIVE HLDGS CORP COM C87264S106 20,100.00 1,436,074.67 1,433,331.00 TUFTS UNIV TAXABLE BD SER 2012A 5.017% DUE 04-15-2112 SB7ZWP15 80,000.00 80,000.00 75,440.64 TURKEY REP BD 4.875% DUE 04-16-2043 REG C900123CB4 195,000.00 151,450.00 160,875.00 TURKEY REP T-BOND 6.875% DUE 03-17-2036 REG C900123AY6 385,000.00 485,649.75 409,158.75 TURKEY(REP OF) NT 6% DUE 01-14-2041 REG C900123BJ8 640,000.00 612,067.50 617,760.00 TURKEY(REP OF) GLOBAL NT 7.375% DUE 02-05-2025 REG C900123AW0 665,000.00 859,927.61 750,785.00 ULTIMATE SOFTWARE GROUP INC COM C90385D107 4,130.00 535,322.48 608,762.00 UMPQUA HLDGS CORP COM C904214103 75,950.00 1,241,547.81 1,231,909.00 UNDER ARMOR INC CL A C904311107 6,810.00 313,232.53 541,054.50 UNILEVER CAP CORP 5.9% DUE 11-15-2032 SB2PPTS4 215,000.00 284,939.67 264,892.47 UNION ELEC CO 3.9% DUE 09-15-2042 SB759FZ0 285,000.00 287,676.25 253,587.02 UNION PAC CORP 4.25% DUE 04-15-2043 SB8Q73Y5 575,000.00 566,996.00 532,002.65 UNION PAC CORP 4.75% DUE 09-15-2041 SB54WF45 215,000.00 225,117.72 214,271.37 UNION PAC CORP COM C907818108 16,100.00 1,670,499.11 2,500,974.00 UNITED RENTALS INC COM C911363109 21,290.00 811,742.84 1,240,994.10 United States dollar 6,176,207.98 6,176,207.98 6,176,207.98 United States dollar 0.04 0.04 0.04 UNITED STATES OF AMER TREAS BILLS 0% TB DUE 1 0-10-2013 USD1000 C912796BF5 150,000.00 149,927.96 149,999.40 UNITED STATES OF AMER TREAS BILLS DUE 10-17-2013 USD1000 SB7GTZ48 2,950,000.00 2,949,776.30 2,949,964.60 UNITED STATES OF AMER TREAS BONDS 2.75% BDS DUE 08-15-2042 USD100 ‘BONDS 08/42’ SB75JF50 4,030,000.00 3,471,805.46 3,340,491.18 U.S. TREAS BDS 3.125% DUE 11-15-2041 REG SB6ZKRY9 10,150,000.00 9,309,319.23 9,152,447.85 U.S. TREAS BDS 00203 5% DUE 05-15-2037 REG C912810PU6 635,000.00 772,225.94 784,621.88 U.S. TREAS BDS 00205 4.375% DUE02-15-2038 REG SB2PKS37 3,675,000.00 4,051,772.08 4,161,364.20 U.S. TREAS BDS 2.875% DUE 05-15-2043 SB8W8CX4 6,240,000.00 5,276,758.79 5,296,200.00 U.S. TREAS BDS 3.625% DUE 08-15-2043 SBCZQWC2 4,185,000.00 4,105,862.63 4,136,613.03 U.S. TREAS BDS 6.125% BDS 08-15-2029 USD1000 BEO S2480150 1,095,000.00 1,465,990.08 1,495,188.56 U.S. TREAS BDS BD 3.125% DUE 02-15-2043 REG SB89T3Q0 14,255,000.00 12,551,071.89 12,771,596.19

(Continued)

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U.S. TREAS BDS BD 3.75% DUE 08-15-2041 REG SB459474 2,415,000.00 2,425,842.80$ 2,454,997.23$ U.S. TREAS BDS DTD 00206 4.5% DUE 05-15-2038 REG C912810PX0 6,415,000.00 7,837,615.80 7,401,306.25 U.S. TREAS BDS DTD 00209 3.5% DUE 02-15-2039 REG C912810QA9 1,225,000.00 1,301,656.30 1,201,649.05 U.S. TREAS BDS DTD 00210 4.25% DUE 05-15-2039 REG C912810QB7 1,395,000.00 1,590,314.04 1,549,321.88 U.S. TREAS BDS DTD 00218 3.875% DUE 08-15-2040 REG C912810QK7 6,285,000.00 6,899,743.05 6,549,164.84 U.S. TREAS BDS DTD 00219 4.25% DUE 11-15-2040 REG C912810QL5 2,460,000.00 2,758,862.53 2,726,371.26 U.S. TREAS BDS DTD 02/15/1995 7.625% DUE 02-15-2025 REG S2937559 75,000.00 109,409.18 110,765.63 U.S. TREAS BDS DTD 02/15/1996 6% DUE 02-15-2026 REG S2888163 1,395,000.00 1,834,627.94 1,844,887.50 U.S. TREAS BDS DTD 02/15/1997 6.625% DUE 02-15-2027 REG S2894999 1,580,000.00 2,371,765.61 2,213,728.52 U.S. TREAS BDS DTD 02/15/2001 5.375% 15 FEB 2031 S2724610 1,980,000.00 2,695,261.50 2,525,117.76 U.S. TREAS BDS DTD 02/15/2012 3.125% DUE 02-15-2042 REG SB7FRYY6 3,555,000.00 3,203,385.37 3,200,609.16 U.S. TREAS BDS DTD 08/15/1995 6.875% DUE 08-15-2025 REG S2935553 1,965,000.00 2,756,772.97 2,769,115.34 U.S. TREAS BDS DTD 11/15/1996 6.5% 15 NOV 2026 S2941572 0.00 0.00 0.00 U.S. TREAS BDS DTD 11/15/1997 6.125% DUE 11-15-2027 REG S2124555 495,000.00 684,852.25 668,172.78 U.S. TREAS BDS DTD 11/15/2012 2.75% DUE 11-15-2042 REG SB8JB195 7,085,000.00 5,806,436.16 5,863,942.76 U.S. TREAS BILLS 02-06-2014 U.S. TREAS BILLS C912796AR0 100,000.00 99,940.42 99,994.70 U.S. TREAS BILLS 02-13-2014 U.S. TREAS BILLS C912796BY4 900,000.00 899,681.50 899,949.60 U.S. TREAS BILLS 03-06-2014 U.S. TREAS BILLS C912796AW9 1,400,000.00 1,398,584.44 1,399,909.00 U.S. TREAS BILLS 11-14-2013 U.S. TREAS BILLS C912796AE9 1,500,000.00 1,497,270.00 1,499,949.00 U.S. TREAS NTS .25% DUE 06-30-2014 REG C912828TA8 300,000.00 300,304.69 300,339.90 U.S. TREAS NTS 1% DUE 01-15-2014 C912828PQ7 3,500,000.00 3,527,683.59 3,509,705.50 U.S. TREAS NTS 2% DISC NT 30/11/2013 USD1000 2% DUE 11-30-2013 REG C912828JT8 510,000.00 526,616.43 511,633.53 U.S. TREAS NTS DTD 00229 1.875% DUE 04-30-2014 REG C912828KN9 400,000.00 406,531.25 404,172.00 U.S. TREAS NTS DTD 01/31/2012 .25% DUE 01-31-2014 REG C912828SB7 900,000.00 900,785.15 900,632.70 U.S. TREAS NTS DTD 04/30/2012 .25% DUE 04-30-2014 REG C912828SR2 3,100,000.00 3,103,375.25 3,103,149.60 U.S. TREAS NTS DTD 08/15/2012 .25% DUE 08-15-2015 REG C912828TK6 1,270,000.00 1,266,540.27 1,268,709.68 U.S. TREAS NTS DTD 08/15/2013 2.5% DUE 08-15-2023 REG SBCZP0C5 6,935,000.00 6,828,140.49 6,864,568.14 UNITED STATIONERS INC COM C913004107 17,880.00 465,444.11 777,780.00 UNITEDHEALTH GROUP 5.7% DUE 10-15-2040 SB55H840 405,000.00 449,460.50 448,575.98 UNITEDHEALTH GROUP 5.95% DUE 02-15-2041 SB45YNS3 160,000.00 202,172.80 183,255.20 UNITEDHEALTH GROUP 6.5% DUE 06-15-2037 SBG49587 135,000.00 175,915.80 163,094.85 UNITEDHEALTH GROUP 6.875% DUE 02-15-2038 SBG49598 250,000.00 328,710.00 313,857.00 UNIV CALIF REGTS MED CTR POOLED REV 6.583% 05-15-2049 BEO TAXABLE SB8C1VQ9 105,000.00 143,686.20 123,036.90 UNIVERSITY CALIF REVS 4.601% 05-15-2031 BEO TAXABLE SBFG2Y91 340,000.00 340,000.00 342,407.20 UNIV TEX PERM UNIV FD 5.262% 07-01-2039 BEO TAXABLE SB4MMJD7 410,000.00 474,661.44 448,716.30 UNIVERSITY VA UNIV REVS 6.2% 09-01-2039 BEO TAXABLE SB3XQ2J8 375,000.00 513,292.35 468,600.00 URS CORP NEW COM C903236107 45,050.00 1,581,724.87 2,421,437.50 US TREAS NTS DTD 00362 .50% DUE 08-15-2014 REG C912828RB8 700,000.00 702,324.22 702,351.30 US TREAS SEC 4.5% DUE 08-15-2039 REG C912810QC5 1,740,000.00 2,010,755.31 2,008,883.94 UTD MEXICAN STS TR 00020 6.05% DUE 01-11-2040 SB5VXTJ4 360,000.00 435,661.41 393,660.00 UTD MEXICAN STS MEDIUM TERM NTS BOOK ENTRY 6.75% DUE 09-27-2034 REG C91086QAS7 200,000.00 230,000.00 237,000.00 UTD MEXICAN STS MEDIUM TERM NTS BOOK TBOND 4% DUE 10-02-2023 REG SBF49Q76 260,000.00 258,811.80 258,375.00 UTD MEXICAN STS MEDIUM TERM NTS BOOK TRANCHE TR 00013 7.5 04-08-2033 REG C91086QAN8 60,000.00 76,650.00 76,200.00 UTD MEXICAN STS TRANCHE TR 00026 4.75% DUE 03-08-2044 SB76P9J9 1,440,000.00 1,448,250.19 1,303,200.00

(Continued)

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UTD STATES 6.7% DUE 12-15-2033 SB8YXQN5 130,000.00 128,328.20$ 126,181.90$ UTD STATES TREAS 1.25% DUE 04-15-2014 C912828QC7 200,000.00 201,820.31 201,257.80 UTD STATES TREAS CPN .125% DUE 07-31-2014 C912828TF7 1,075,000.00 1,072,399.06 1,075,251.55 UTD STATES TREAS CPN .25% DUE 05-31-2014 C912828SW1 7,100,000.00 7,107,121.09 7,107,767.40 UTD TECHNOLOGIES 4.5% DUE 06-01-2042 SB8J6DZ0 860,000.00 862,643.45 835,404.86 VA ELEC & PWR CO SR NT 2008 SER B 8.875% DUE 11-15-2038 SB3FD1W3 125,000.00 201,240.00 193,545.88 VALE OVERSEAS LTD 6.875% DUE 11-21-2036 SB1HMKF0 720,000.00 856,564.79 730,219.68 VALERO ENERGY CORP 10.5% DUE 03-15-2039 SB65HH17 140,000.00 222,294.80 205,893.24 VALERO ENERGY CORP 6.625% DUE 06-15-2037 SB1YLTG4 90,000.00 113,422.50 97,752.96 VALERO ENERGY CORP 7.5% DUE 04-15-2032 S2369408 240,000.00 293,697.60 280,172.16 VALIDUS HOLDING LTD COM STK USD0.175 CG9319H102 33,300.00 961,643.52 1,231,434.00 VANTIV INC COM USD0.00001 A C92210H105 36,390.00 851,933.78 1,016,736.60 VERIFONE SYSTEMS INC COM C92342Y109 100,000.00 1,825,395.42 2,286,000.00 VERIZON 6.4% DUE 02-15-2038 SBD4TRN5 875,000.00 968,795.00 963,424.00 VERIZON 7.35% DUE 04-01-2039 SBG496F1 170,000.00 203,168.70 207,679.99 VERIZON COMM 6.55% BDS DUE 09-15-2043 USD2000 BEO SBF320B8 2,935,000.00 2,968,824.10 3,313,430.10 VERIZON COMMUNICATIONS COM C92343V104 49,200.00 2,286,690.03 2,295,672.00 VERIZON GLOBAL FDG 7.75% DUE 06-15-2032 S2962175 870,000.00 1,130,321.40 1,070,876.91 VIACOM INC NEW 4.375% DUE 03-15-2043 SBCHWWF1 665,000.00 628,856.23 538,163.89 VIACOM INC NEW 5.85% DUE 09-01-2043 C92553PAU6 280,000.00 278,943.70 285,045.60 VIRGINIA ELEC & PWR CO 4% DUE 01-15-2043 SB7S97N9 205,000.00 204,180.00 183,130.40 VIRGINIA ELEC & PWR CO 4.65% DUE 08-15-2043 SBD1NQR7 315,000.00 314,848.80 312,373.22 VODAFONE GROUP PLC 4.375% DUE 02-19-2043 SBB0RG21 425,000.00 420,559.45 369,489.05 WABTEC CORP COM C929740108 17,800.00 361,792.39 1,119,086.00 WABTEC CORP COM C929740108 13,600.00 530,209.55 855,032.00 WACHOVIA BK NATL ASSN MEDIUM TERM SUB BK TRANCHE SB 00009 6.6% DUE 01-15-2038 SB7XGYR8 360,000.00 443,507.10 435,138.84 WACHOVIA CORP NEW 5.5% DUE 08-01-2035 SBG496M8 100,000.00 104,451.00 102,928.80 WAL-MART STORES .75% DUE 10-25-2013 C931142CW1 125,000.00 124,733.75 125,030.87 WAL-MART STORES 2.55% DUE 04-11-2023 SBLSP6G1 415,000.00 414,053.80 383,712.32 WAL-MART STORES 5% DUE 10-25-2040 SBG49725 515,000.00 577,297.60 531,138.04 WAL-MART STORES 5.25% DUE 09-01-2035 SB89WZZ2 230,000.00 266,261.83 246,460.64 WAL-MART STORES 6.2% DUE 04-15-2038 SB2QVLK7 320,000.00 443,507.20 383,553.28 WAL-MART STORES 6.5% DUE 08-15-2037 SBJ0K1P4 109,000.00 146,061.66 135,296.36 WAL-MART STORES INC 4.75% DUE 10-02-2043 SBF6DY94 860,000.00 854,911.01 852,940.26 WALTER ENERGY INC C93317Q105 48,000.00 1,294,035.07 673,440.00 WASHINGTON ST 5.14% 08-01-2040 BEO TAXABLE SB5NV5Y3 190,000.00 214,367.50 199,148.50 WASHINGTON ST 5.481% 08-01-2039 BEO TAXABLE SB5ZWT64 75,000.00 88,797.00 81,806.25 WEATHERFORD INTL 6.5% DUE 08-01-2036 SB1B2PV7 180,000.00 192,409.20 180,363.96 WEB COM GROUP INC COM C94733A104 17,250.00 473,275.83 557,865.00 WELLPOINT INC 4.625% DUE 05-15-2042 SB87XCP6 410,000.00 403,083.30 374,966.32 WELLPOINT INC 4.65% DUE 01-15-2043 SBLSP6D8 355,000.00 340,328.60 325,680.91 WELLPOINT INC 5.1% DUE 01-15-2044 SBCSCZN9 265,000.00 264,642.25 258,135.71 WELLS FARGO BK 5.95% DUE 08-26-2036 SB1CL665 145,000.00 177,739.55 164,036.04 WESTAR ENERGY INC COM C95709T100 27,600.00 535,615.74 845,940.00 WESTAR ENERGY INC COM C95709T100 - - - WESTPAC BKG CORP 1.85% DUE 12-09-2013 C961214BR3 260,000.00 259,864.80 260,806.00 WESTPAC BKG CORP 3% DUE 12-09-2015 C961214BP7 125,000.00 127,195.00 130,815.37 WESTVACO CORP DEL 7.95% DUE 02-15-2031 S2721699 50,000.00 61,729.00 57,749.70

(Continued)

- 36 -





WILLIAMS CO INC COM C969457100 84,200.00 2,282,724.68$ 3,061,512.00$ WILLIAMS COS INC 3.7% DUE 01-15-2023 SB956HF9 90,000.00 89,749.80 81,282.33 WILLIAMS COS INC 7.5% DUE 01-15-2031 S2830807 155,000.00 180,516.10 171,410.32 WILLIAMS PARTNERS 6.3% DUE 04-15-2040 SB3RZKK8 255,000.00 271,256.25 268,870.73 WILLIS GROUP HOLDINGS COM USD0.000115 (NEW) CG96666105 28,100.00 1,004,929.18 1,217,573.00 WIS ENERGY COM C976657106 33,975.00 986,181.48 1,371,910.50 WISDOMTREE INVTS INC COM C97717P104 36,460.00 364,495.68 423,300.60 WMX TECHNOLOGIES INC 7.1% SR NTS DUE 08-01-2026 PUTTABLE 8-1-2003 @ PAR **PUT S2639402 1,050,000.00 1,404,779.25 1,292,079.60 WYETH 6.5% DUE 02-01-2034 SBCDPC98 370,000.00 515,210.20 458,122.90 WYETH NT 5.95% DUE 04-01-2037/03-27-2007 BEO SB91ZLT2 195,000.00 244,460.55 228,159.75 XTO ENERGY INC 5.3% DUE 06-30-2015 C98385XAG1 75,000.00 85,880.25 81,132.00 XTO ENERGY INC 5.75% DUE 12-15-2013 C98385XAS5 100,000.00 104,990.00 101,073.00 YALE UNIV MEDIUM TERM NTS BOOK ENTRY MTN2.9% DUE 10-15-2014/04-15-2014 C98458PAB1 87,000.00 91,141.20 89,258.60 ZIONS BANCORP COM C989701107 38,000.00 635,500.06 1,041,960.00

1,931,951,605.96$

* Permitted party-in-interest.

See accompanying independent auditors’ report. (Concluded)

- 37 -


Employer ID No.: 95-2102389Plan No.: 001

FORM 5500, SCHEDULE H, PART IV, LINE 4j — SCHEDULE OF REPORTABLE TRANSACTIONSFOR THE YEAR ENDED SEPTEMBER 30, 2013

(f) Expense (h) Current Value Incurred of Asset

(a) Identity of Party (c) Purchase (d) Selling (e) Lease with (g) Cost of on Transaction (I) Net Gain Involved (b) Description of Asset Price Price Rental Transaction Asset Date or Loss

SINGLE TRANSACTIONS

By issue — none - $ - $ - $ - $ - $ - $ - $ - $ By broker — none

SERIES IN NON-SECURITY

By issue — none - - - - - - - - By broker — none - - - - - - - -

SERIES IN SAME SECURITY

By issue: Various Collective short-term investment fund 273,776,754 - - 860 - 273,776,754 273,776,754 - Various Collective short-term investment fund - 277,428,054 - 555 - 277,428,054 277,428,054 - By broker — none - - - - - - - -

See accompanying independent auditors’ report.

Transactions# of

Documents

Aerospace Employees’ Retirement Plan FS.pdfAerospace Employees’ Retirement Plan ... Form 5500, Schedule H, Part IV, Line 4i — Schedule of Assets ... Part IV, Line 4j — Schedule