Holdings    
 
These holdings are as of January 31, 2010. 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.
 
 
  ISSUE  SHARES   VALUE  % of ASSETS
 
  1 Berkshire Hathaway Inc, Class A                         254  $           29,108,400 26.30%
  2 Ventas Inc                   226,200  $            9,545,640 8.63%
  3 Ithan Creek Partners, LP                            7  $            8,793,123 7.95%
  4 Johnson & Johnson                    86,000  $            5,405,960 4.88%
  5 Cohen & Steers REIT and Utility Income Fund                   487,392  $            4,898,290 4.43%
  6 Advent Claymore Global Convt Sec & Income Fund, Series W7                         160  $            3,600,000 3.25%
  7 F&C/Claymore Total Return Fund                   210,716  $            3,133,347 2.83%
  8 LTC Properties                   112,000  $            2,842,560 2.57%
  9 TS&W/Claymore Tax-Advantaged Balanced Fund                          81  $            1,822,500 1.65%
  10 Western Asset Premier Bond Fund, Series M                          80  $            1,800,000 1.63%
  11 Cohen & Steer Infrastructure Fund                   110,700  $            1,633,932 1.48%
  12 Pimco Corporate Opportunity Fund, Series W                          69  $            1,552,500 1.40%
  13 Gabelli Dividend & Income Trust, Series C                          68  $            1,530,000 1.38%
  14 Blackrock Pfd and Equity Advantage, Series F7                          65  $            1,462,500 1.32%
  15 3M Co                    18,000  $            1,448,820 1.31%
  16 Unilever NV                    45,000  $            1,385,426 1.25%
  17 ING Clarion Global Real Estate Income Fund                   143,664  $               951,056 0.86%
  18 General Electric Co                    50,000  $               804,000 0.73%
  19 GlaxoSmithKline ADR                    20,000  $               780,200 0.70%
  20 C&S Quality Income Realty Fund                   119,727  $               672,866 0.61%
  21 Cohen & Steers Worldwide Realty Income Fund                   111,600  $               662,904 0.60%
  22 Procter & Gamble Co                      8,000  $               492,400 0.44%
  23 Neuberger Berman Real Estate Securities Income Fund, Series A                          13  $               292,500 0.26%
  24 Kiwi Income Property Trust                   390,199  $               276,541 0.25%
  25 Pfizer Inc                      9,700  $               181,002 0.16%
  26 Guoco Group Ltd                      5,000  $                 49,009 0.04%
 
 
  Total Common, Preferred Stock and ARPS  $        85,125,475
  Cash and Cash Equivalents  $        25,774,342