Holdings    
 
These holdings are as of October 31, 2011. They are subject to change depending on subsequent purchases and sales of securities. Holdings will be updated as of the end of each fiscal quarter and published on this webpage no sooner than 60 days after quarter end.
 
 
% OF
ISSUE  SHARES   VALUE  ASSETS
1 Berkshire Hathaway Inc., Class A                         179              20,934,050 21.61%
2 Ventas Inc                   226,200              12,578,982 12.99%
3 Ithan Creek Partners, L.P.                            7                9,993,383 10.32%
4 C&S Infrastructure Fund                   366,952                5,992,326 6.19%
5 Johnson & Johnson                    86,000                5,537,540 5.72%
6 Advent Claymore Global Convertible Securities & Income, Series W7                         160                3,308,316 3.42%
7 LTC Properties, Inc.                   112,000                3,176,320 3.28%
8 Unilever NV                    78,000                2,694,977 2.78%
9 Freeport-McMoRan Copper & Gold, Inc.                    56,500                2,274,690 2.35%
10 F&C/Claymore Total Return Fund                   122,992                2,181,878 2.25%
11 TS&W/Claymore Tax-Advantage Balanced Fund                          81                1,809,637 1.87%
12 AllianceBernstein Holding LP                   122,500                1,735,825 1.79%
13 Western Asset Premier Bond Fund, Series M                          80                1,547,926 1.60%
14 Gabelli Dividend & Income Trust, Series C                          68                1,441,906 1.49%
15 3M Co                    18,000                1,422,360 1.47%
16 Pimco Corporate Opportunity Fund, Series W                          69                1,255,560 1.30%
17 Altria Group Inc.                    45,000                1,239,750 1.28%
18 Inergy L.P.                    42,000                1,205,820 1.24%
19 Sanofi                    14,500                1,042,507 1.08%
20 Diamond Offshore Drilling                    14,000                   917,560 0.95%
21 Muenchener Rueckver                      6,700                   903,531 0.93%
22 Public Service Enterprise Group Inc                    16,600                   559,420 0.58%
23 SCANA Corp                    12,400                   524,272 0.54%
24 Procter & Gamble Co                      8,000                   511,920 0.53%
25 Transocean Ltd.                      8,000                   457,200 0.47%
26 RMR Asia Pacific Real Estate Fund                    24,411                   374,953 0.39%
27 Kiwi Income Property Trust                   390,199                   332,929 0.34%
28 RWE AG                      4,500                   192,684 0.20%
29 Guoco Group Ltd                      5,000                    47,723 0.05%
30 Cheung Kong Holdings Ltd.                         100  $                  1,259 0.00%
Total Common, Preferred Stock and ARPS  $        86,197,204
Cash and Cash Equivalents  $        10,765,227