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          <PersonNm>KAY H STOKELY</PersonNm>
          <USAddress>
            <AddressLine1Txt>11309 STATION WEST DRIVE SUITE 27</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37934</ZIPCd>
          </USAddress>
          <TitleTxt>EXEC VP, DIR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>WILLIAM B STOKELY IV</PersonNm>
          <USAddress>
            <AddressLine1Txt>11309 STATION WEST DRIVE SUITE 27</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37934</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>STACY S BYERLY</PersonNm>
          <USAddress>
            <AddressLine1Txt>11309 STATION WEST DRIVE SUITE 27</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37934</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SHELLEY S PRZEWROCKI</PersonNm>
          <USAddress>
            <AddressLine1Txt>11309 STATION WEST DRIVE SUITE 27</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37934</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CLAYTON F STOKELY</PersonNm>
          <USAddress>
            <AddressLine1Txt>11309 STATION WEST DRIVE SUITE 27</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37934</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>NIKKI STANSELL</PersonNm>
          <USAddress>
            <AddressLine1Txt>11309 STATION WEST DRIVE SUITE 27</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37934</ZIPCd>
          </USAddress>
          <TitleTxt>SECTETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>4366580</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>155126</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>1000</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>4522706</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>4522706</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>67841</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>4454865</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>222743</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>222743</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>2105</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>2105</TotalTaxAmt>
        <DistributableBeforeAdjAmt>220638</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>220638</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>220638</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>384136</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>384136</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>220638</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>166150</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>149188</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>132442</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>108479</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>146875</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>703134</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>384136</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>220638</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>163498</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>866632</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>166150</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>700482</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>149188</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>132442</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>108479</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>146875</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>163498</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>WILLIAM B STOKELY III</ContributingManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>WILLIAM B STOKELYIII</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>11309 STATION WEST DRIVE SUITE 27</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37934</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>8659664878</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>N/A</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NONE</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BERRY COLLEGE INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 490129</AddressLine1Txt>
            <CityNm>MOUNT BERRY</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30149</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP FUND</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHRISTIAN ACADEMY OF KNOX</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>529 ACADEMY WAY</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37923</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CONCORD CHRISTIAN SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>11704 KINGSTON PIKE</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37934</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DOGWOOD ARTS FESTIVAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>123 W JACKSON AVE</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37902</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ART EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EAST TENNESSEE CHILDREN'S</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2018 CLINCH AVENUE</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37916</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHILDREN'S MEDICAL SVCS</GrantOrContributionPurposeTxt>
          <Amt>18000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FIRST BAPTIST CHURCH CONCORD</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>11704 KINGSTON PIKE</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37934</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>RELIGIOUS</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JONI AND FRIENDS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>410 S NORTHSHORE DRIVE</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37919</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISABILITY MINISTRY</GrantOrContributionPurposeTxt>
          <Amt>12500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KEEP KNOXVILLE BEAUTIFUL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 385</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37901</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>COMMUNITY CONSERVATION</GrantOrContributionPurposeTxt>
          <Amt>200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MISSION OF HOPE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 51824</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37950</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>COMMUNITY MINISTRY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MUSEUM OF APPALACHIA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1189</AddressLine1Txt>
            <CityNm>NORRIS</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37828</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>HISTORIC PRESERVATION</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF TENNESSEE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>600 HENLEY ST STE 100</AddressLine1Txt>
            <CityNm>KNOXVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37996</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>COLLEGE EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>205000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE NATURE CONSERVANCY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2 MARYLAND FARMS STE 150</AddressLine1Txt>
            <CityNm>BRENTWOOD</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37027</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>LAND CONSERVATION</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>K-1 MAGELLAN MIDSTREAM PARTNERS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8111 WESTCHESTER DR 600</AddressLine1Txt>
            <CityNm>DALLAS</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75225</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>N/A</GrantOrContributionPurposeTxt>
          <Amt>4</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BUFFALO BILL CENTER OF THE WEST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>720 SHERIDAN AVENUE</AddressLine1Txt>
            <CityNm>CODY</CityNm>
            <StateAbbreviationCd>WY</StateAbbreviationCd>
            <ZIPCd>82414</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>HISTORIC</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>317954</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <BusinessCd>523000</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>13</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2126</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <BusinessCd>523000</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>15</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>58540</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>156425</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>OTHER INCOME - K-1</Desc>
          <BusinessCd>523000</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>-45</UnrelatedBusinessTaxblIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>-17</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>217091</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>217074</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc1">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>6504</Amt>
        <NetInvestmentIncomeAmt>2166</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>4338</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2">
      <InvestmentsCorporateStockGrp>
        <StockNm>WARNER BROTHERS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FLUTTER ENTERTAINMENT PUBLIC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ARGENX SE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CARLSBERG A/S</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MERCADOLIBRE INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KOITO MFG CO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OCCIDENTAL PETRO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BEIERSDORF AG</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KUEHNE &amp; NAGEL INTERNATIONAL</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>M&amp;T BANK CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PERNOD RICARD UNSPONSORED</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SHELL PLC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SMC CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEUROCRINE BIOSCIENCES INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL MILLS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CMS ENERGY CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HOYA CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KOMATSU LTD</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TAIWAN SEMICONDUCTOR MFG</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASTRAZENECA PLC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ILLINOIS TOOL WORKS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMAZON..COM</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WOLTERS KLUWER NV</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEXTERA ENERGY INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTL BUSINESS MACHINES CORP-KYNDRYL</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NOVO-NORDISK A/S ADR</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SNAP INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ZSCALER INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WASTE CONNECTIONS INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HALEON PLC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OMNICOM GROUP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GRUPO AEROPORTURIO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DEUTSCHE BOERSE AG</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ARCHER DANIELS MIDLAND CO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LINDE PLC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASML HOLDING</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HUSQVARINA AB</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HESS CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PROCTER &amp; GAMBLE CO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHESAPEAKE ENERGY CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>THE PROGRESSIVE CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALPHABET INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LOGITECH INTERNATIONAL</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SVENSKA HANDELSBANKEN</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIRST REPUBLIC BANK</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COCA COLA COMPANY</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SONY CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CONOCOPHILLIPS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EOG RESOURCES INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EDWARDS LIFESCIENCE CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KEYSIGHT TECHNOLOGIES INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JD COM, INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AIR LIQUIDE SA</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TOTALENERGIES SE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>XCEL ENERGY INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CSL LIMITED</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASHTEAD GROUP PUBLIC LIMITED</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHINA RESOURCES ENTERPRISE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RICHIE BROS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ELECTRONIC ARTS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CGI GROUP INC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TOKYO ELECTRON LIMITED</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ROCHE HOLDING</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>YUM CHINA HOLDINGS INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PENSKE AUTOMOTIVE GROUP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITED AIRLINES HOLIDINGS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BERKSHIRE HATHAWAY INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AIA GROUP LIMITED</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>THE KRAFT HEINZ CO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FOOT LOCKER INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHUBB LIMITED</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FANUC LTD</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NESTLE SA</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALEXANDRIA REAL ESTATE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHNEIDER ELECTRIC SE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OLD DOMINION FREIGHT LINE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GLOBE LIFE INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MARTIN MARIETTA MATERIALS INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHINA MENGNIU DAIRY CO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASHLAND GLOBAL HOLDINGS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CRH PLC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITED OVERSEAS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BOSTON PROPERTIES INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MCDONALDS CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COOPER COMPANIES</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HEINEKEN NV</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMADEUS IT GROUP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TECHTRONIC INDS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AVALONBAY COMMUNITIES INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ARKEMA FRANCE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MAGNA INTERNATIONAL</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ATMOS ENERGY CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NASDAD INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHARLES SCHWAB CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BROADCOM INC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LVMH MOET HENNESSY LOUIS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KLA CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HDFC BANK</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CENTENE CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALMART</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ON SEMICONDUCTOR CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN TOWER CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GILEAD SCIENCES INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ADOBE INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMEREN CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMPIO PHARMACEUTICAL</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EATON CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>METLIFE INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FREEPORT MCMORAN INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JPMORGAN CHASE &amp; CO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OLYMPUS CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COLGATE PALMOLIVE CO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HUMANA INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BOSTON SCIENTIFIC CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GILEAD SCIENCES</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ICON PUBLIC LIMITED</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORFOLK SOUTHERN CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RECKITT BENCKISER GROUP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>L3HARRIS TECHNOLOGIES INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL ELECTRIC CO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BLACKROCK, INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEW YORK TIMES</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CATERPILLAR INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BALL CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MEDTRONIC PUBLIC LIMITED</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LINDE PLC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>META PLATFORMS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIDELITY SLCT SOFTWARE &amp; COMPUTER</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ROSS STORES INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SAND VIK</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ZIMMER BIOMET HOLDINGS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CISCO SYSTEMS INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STANLEY BLACK &amp; DECKER, INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PAYPAL HOLDINGS INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL MOTORS COMPANY</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIDELITY NATL INFO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TARGET CORPORATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALMART</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BRISTOL MYERS SQUIBB CO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CVS HEALTH CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INVESCO POWERSHARES DYNAMIC SOFTWARE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VERIZON COMMUNICATION</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALMART INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPDR S&amp;P DIVIDEND EFT</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COCA COLA</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SALESFORCE COM</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GOLDMAN SACHS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EXXON</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANK OF AMERICA</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AT&amp;T</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AT&amp;T</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JOHNSON &amp; JOHNSON CMN</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MAGELLAN MIDSTREAM PA</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PFIZER INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ABBVIE INC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GS-PRIVATE INVESTMENT</StockNm>
        <EOYBookValueAmt>73478</EOYBookValueAmt>
        <EOYFMVAmt>73478</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WASATCH ULTRA GROWTH</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>T ROWE PRICE MEDIA</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GOLDMAN SACHS REAL ESTATE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GS CONCENTRATED GROWTH FUND INSTITUT</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ABBVIE INC</StockNm>
        <EOYBookValueAmt>57017</EOYBookValueAmt>
        <EOYFMVAmt>77485</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMPIO PHARMACEUTICAL</StockNm>
        <EOYBookValueAmt>13384</EOYBookValueAmt>
        <EOYFMVAmt>205</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC.</StockNm>
        <EOYBookValueAmt>21953</EOYBookValueAmt>
        <EOYFMVAmt>269542</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AT&amp;T</StockNm>
        <EOYBookValueAmt>73712</EOYBookValueAmt>
        <EOYFMVAmt>67120</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COCA COLA</StockNm>
        <EOYBookValueAmt>30130</EOYBookValueAmt>
        <EOYFMVAmt>35358</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIDELITY SLCT SOFTWARE &amp; COMPUTER</StockNm>
        <EOYBookValueAmt>19131</EOYBookValueAmt>
        <EOYFMVAmt>31098</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GILEAD SCIENCES INC.</StockNm>
        <EOYBookValueAmt>12716</EOYBookValueAmt>
        <EOYFMVAmt>16202</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GOLDMAN SACHS</StockNm>
        <EOYBookValueAmt>32314</EOYBookValueAmt>
        <EOYFMVAmt>192885</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INVESCO POWERSHARES DYNAMIC SOFTWARE</StockNm>
        <EOYBookValueAmt>24356</EOYBookValueAmt>
        <EOYFMVAmt>46332</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP</StockNm>
        <EOYBookValueAmt>7914</EOYBookValueAmt>
        <EOYFMVAmt>150416</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OCCIDENTAL PETRO</StockNm>
        <EOYBookValueAmt>4136</EOYBookValueAmt>
        <EOYFMVAmt>5971</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ONEOK, INC./MAGELLAN MIDSTREAM PA</StockNm>
        <EOYBookValueAmt>41668</EOYBookValueAmt>
        <EOYFMVAmt>52065</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PENSKE AUTOMOTIVE GROUP</StockNm>
        <EOYBookValueAmt>9373</EOYBookValueAmt>
        <EOYFMVAmt>80255</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PFIZER INC.</StockNm>
        <EOYBookValueAmt>54000</EOYBookValueAmt>
        <EOYFMVAmt>28790</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPDR S&amp;P DIVIDEND EFT</StockNm>
        <EOYBookValueAmt>27441</EOYBookValueAmt>
        <EOYFMVAmt>62485</EOYFMVAmt>
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        <StockNm>T ROWE PRICE MEDIA</StockNm>
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        <EOYFMVAmt>226657</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>VERIZON COMMUNICATION</StockNm>
        <EOYBookValueAmt>45153</EOYBookValueAmt>
        <EOYFMVAmt>37700</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WALMART</StockNm>
        <EOYBookValueAmt>21272</EOYBookValueAmt>
        <EOYFMVAmt>63060</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WARNER BROTHERS</StockNm>
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        <EOYFMVAmt>3414</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WASATCH ULTRA GROWTH</StockNm>
        <EOYBookValueAmt>48687</EOYBookValueAmt>
        <EOYFMVAmt>47610</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AIA GROUP LIMITED</StockNm>
        <EOYBookValueAmt>12214</EOYBookValueAmt>
        <EOYFMVAmt>10074</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AIR LIQUIDE SA</StockNm>
        <EOYBookValueAmt>8406</EOYBookValueAmt>
        <EOYFMVAmt>10778</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMADEUS IT GROUP</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ARKEMA FRANCE</StockNm>
        <EOYBookValueAmt>7530</EOYBookValueAmt>
        <EOYFMVAmt>6372</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ASHTEAD GROUP PUBLIC LIMITED</StockNm>
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        <EOYFMVAmt>10305</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ASML HOLDING</StockNm>
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        <EOYFMVAmt>11354</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BAE SYSTEMS</StockNm>
        <EOYBookValueAmt>5996</EOYBookValueAmt>
        <EOYFMVAmt>6512</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BROADCOM INC</StockNm>
        <EOYBookValueAmt>7718</EOYBookValueAmt>
        <EOYFMVAmt>16744</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CAP GEMINI ADR</StockNm>
        <EOYBookValueAmt>9219</EOYBookValueAmt>
        <EOYFMVAmt>9716</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CGI GROUP INC</StockNm>
        <EOYBookValueAmt>9926</EOYBookValueAmt>
        <EOYFMVAmt>13723</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CHINA MENGNIU DAIRY CO</StockNm>
        <EOYBookValueAmt>10362</EOYBookValueAmt>
        <EOYFMVAmt>5433</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CHINA RESOURCES ENTERPRISE</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>COMPAGNIE FINANCIER RICHEMONT</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CRH PLC</StockNm>
        <EOYBookValueAmt>5850</EOYBookValueAmt>
        <EOYFMVAmt>8714</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CSL LIMITED</StockNm>
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        <EOYFMVAmt>6650</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DEUTSCHE POST AG</StockNm>
        <EOYBookValueAmt>5276</EOYBookValueAmt>
        <EOYFMVAmt>9147</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>FANUC LTD</StockNm>
        <EOYBookValueAmt>10462</EOYBookValueAmt>
        <EOYFMVAmt>11266</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FLUTTER ENTERTAINMENT PUBLIC</StockNm>
        <EOYBookValueAmt>2939</EOYBookValueAmt>
        <EOYFMVAmt>7247</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HALEON PLC</StockNm>
        <EOYBookValueAmt>9114</EOYBookValueAmt>
        <EOYFMVAmt>9522</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HDFC BANK</StockNm>
        <EOYBookValueAmt>13950</EOYBookValueAmt>
        <EOYFMVAmt>14630</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HEINEKEN NV</StockNm>
        <EOYBookValueAmt>11034</EOYBookValueAmt>
        <EOYFMVAmt>10766</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HOYA CORP</StockNm>
        <EOYBookValueAmt>4717</EOYBookValueAmt>
        <EOYFMVAmt>8001</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ICON PUBLIC LIMITED</StockNm>
        <EOYBookValueAmt>12010</EOYBookValueAmt>
        <EOYFMVAmt>15003</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KINGSPAN GROUP PUBLIC</StockNm>
        <EOYBookValueAmt>4265</EOYBookValueAmt>
        <EOYFMVAmt>5803</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>KOMATSU LTD</StockNm>
        <EOYBookValueAmt>2957</EOYBookValueAmt>
        <EOYFMVAmt>3636</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LINDE PLC</StockNm>
        <EOYBookValueAmt>7650</EOYBookValueAmt>
        <EOYFMVAmt>11500</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LVMH MOET HENNESSY LOUIS</StockNm>
        <EOYBookValueAmt>10317</EOYBookValueAmt>
        <EOYFMVAmt>13614</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MAGNA INTERNATIONAL</StockNm>
        <EOYBookValueAmt>6963</EOYBookValueAmt>
        <EOYFMVAmt>5140</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MERCADOLIBRE INC.</StockNm>
        <EOYBookValueAmt>2810</EOYBookValueAmt>
        <EOYFMVAmt>6286</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NESTLE SA</StockNm>
        <EOYBookValueAmt>12420</EOYBookValueAmt>
        <EOYFMVAmt>12744</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NOVO NORDISK</StockNm>
        <EOYBookValueAmt>5489</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PERNOD RICARD UNSPONSORED</StockNm>
        <EOYBookValueAmt>5439</EOYBookValueAmt>
        <EOYFMVAmt>6282</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PUBLICIS GROUPE SA</StockNm>
        <EOYBookValueAmt>7246</EOYBookValueAmt>
        <EOYFMVAmt>8351</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RB GLOBAL INC.</StockNm>
        <EOYBookValueAmt>1082</EOYBookValueAmt>
        <EOYFMVAmt>7090</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RECKITT BENCKISER GROUP</StockNm>
        <EOYBookValueAmt>10028</EOYBookValueAmt>
        <EOYFMVAmt>8250</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RELX PLC</StockNm>
        <EOYBookValueAmt>12742</EOYBookValueAmt>
        <EOYFMVAmt>16142</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ROYAL BANK OF CANADA</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SAND VIK</StockNm>
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        <EOYFMVAmt>7164</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SCHNEIDER ELECTRIC SE</StockNm>
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        <EOYFMVAmt>13494</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SHELL PLC</StockNm>
        <EOYBookValueAmt>7511</EOYBookValueAmt>
        <EOYFMVAmt>9015</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SHIMANO INC.</StockNm>
        <EOYBookValueAmt>8391</EOYBookValueAmt>
        <EOYFMVAmt>7821</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SMC CORPORATION</StockNm>
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        <EOYFMVAmt>5804</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SONY CORPORATION</StockNm>
        <EOYBookValueAmt>9667</EOYBookValueAmt>
        <EOYFMVAmt>9848</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STMICROELECTRONICS NV</StockNm>
        <EOYBookValueAmt>5051</EOYBookValueAmt>
        <EOYFMVAmt>5965</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SVENSKA HANDELSBANKEN</StockNm>
        <EOYBookValueAmt>7852</EOYBookValueAmt>
        <EOYFMVAmt>9242</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TAIWAN SEMICONDUCTOR MFG</StockNm>
        <EOYBookValueAmt>9142</EOYBookValueAmt>
        <EOYFMVAmt>14144</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TECHTRONIC INDS</StockNm>
        <EOYBookValueAmt>11904</EOYBookValueAmt>
        <EOYFMVAmt>12572</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TOKYO ELECTRON LIMITED</StockNm>
        <EOYBookValueAmt>5567</EOYBookValueAmt>
        <EOYFMVAmt>11913</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TOTALENERGIES SE</StockNm>
        <EOYBookValueAmt>7461</EOYBookValueAmt>
        <EOYFMVAmt>9231</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITED OVERSEAS</StockNm>
        <EOYBookValueAmt>4439</EOYBookValueAmt>
        <EOYFMVAmt>5780</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALMART</StockNm>
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      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WOLTERS KLUWER NV</StockNm>
        <EOYBookValueAmt>4967</EOYBookValueAmt>
        <EOYFMVAmt>12227</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>YUM CHINA HOLDINGS INC.</StockNm>
        <EOYBookValueAmt>8438</EOYBookValueAmt>
        <EOYFMVAmt>6322</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ADVANCED MICRO SEVICES, INC.</StockNm>
        <EOYBookValueAmt>12076</EOYBookValueAmt>
        <EOYFMVAmt>16510</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALLSTATE CORP</StockNm>
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        <EOYFMVAmt>20297</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALPHABET INC.</StockNm>
        <EOYBookValueAmt>16440</EOYBookValueAmt>
        <EOYFMVAmt>24585</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMEREN CORPORATION</StockNm>
        <EOYBookValueAmt>13026</EOYBookValueAmt>
        <EOYFMVAmt>13817</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN EXPRESS</StockNm>
        <EOYBookValueAmt>18681</EOYBookValueAmt>
        <EOYFMVAmt>21731</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN TOWER CORPORATION</StockNm>
        <EOYBookValueAmt>12505</EOYBookValueAmt>
        <EOYFMVAmt>10578</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMGEN INC</StockNm>
        <EOYBookValueAmt>17638</EOYBookValueAmt>
        <EOYFMVAmt>18721</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLIED MATERIALS</StockNm>
        <EOYBookValueAmt>8029</EOYBookValueAmt>
        <EOYFMVAmt>9562</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APTIV PLC</StockNm>
        <EOYBookValueAmt>14754</EOYBookValueAmt>
        <EOYFMVAmt>13996</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ARISTA NETWORKS, INC.</StockNm>
        <EOYBookValueAmt>6421</EOYBookValueAmt>
        <EOYFMVAmt>8949</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASTRAZENECA PLC</StockNm>
        <EOYBookValueAmt>17343</EOYBookValueAmt>
        <EOYFMVAmt>16635</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AVALONBAY COMMUNITIES INC.</StockNm>
        <EOYBookValueAmt>17313</EOYBookValueAmt>
        <EOYFMVAmt>18160</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BALL CORPORATION</StockNm>
        <EOYBookValueAmt>20977</EOYBookValueAmt>
        <EOYFMVAmt>15876</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANK OF AMERICA</StockNm>
        <EOYBookValueAmt>27132</EOYBookValueAmt>
        <EOYFMVAmt>26229</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BERKSHIRE HATHAWAY INC.</StockNm>
        <EOYBookValueAmt>15566</EOYBookValueAmt>
        <EOYFMVAmt>23540</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BIOGEN, INC.</StockNm>
        <EOYBookValueAmt>4538</EOYBookValueAmt>
        <EOYFMVAmt>4917</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BLACKROCK, INC.</StockNm>
        <EOYBookValueAmt>18756</EOYBookValueAmt>
        <EOYFMVAmt>27601</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BOSTON SCIENTIFIC CORP</StockNm>
        <EOYBookValueAmt>13548</EOYBookValueAmt>
        <EOYFMVAmt>20638</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BRISTOL MYERS SQUIBB CO</StockNm>
        <EOYBookValueAmt>28627</EOYBookValueAmt>
        <EOYFMVAmt>24937</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CATERPILLAR INC.</StockNm>
        <EOYBookValueAmt>16981</EOYBookValueAmt>
        <EOYFMVAmt>22175</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHESAPEAKE ENERGY CORPORATION</StockNm>
        <EOYBookValueAmt>16662</EOYBookValueAmt>
        <EOYFMVAmt>13311</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CMS ENERGY CORPORATION</StockNm>
        <EOYBookValueAmt>8357</EOYBookValueAmt>
        <EOYFMVAmt>9756</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COCA COLA COMPANY</StockNm>
        <EOYBookValueAmt>17069</EOYBookValueAmt>
        <EOYFMVAmt>18622</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COLGATE PALMOLIVE CO</StockNm>
        <EOYBookValueAmt>19059</EOYBookValueAmt>
        <EOYFMVAmt>19290</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COOPER COMPANIES</StockNm>
        <EOYBookValueAmt>15294</EOYBookValueAmt>
        <EOYFMVAmt>15516</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CVS HEALTH CORP</StockNm>
        <EOYBookValueAmt>32957</EOYBookValueAmt>
        <EOYFMVAmt>30952</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DANAHER CORPORATION</StockNm>
        <EOYBookValueAmt>28764</EOYBookValueAmt>
        <EOYFMVAmt>29843</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DELL TECHNOLOGIES INC.</StockNm>
        <EOYBookValueAmt>11741</EOYBookValueAmt>
        <EOYFMVAmt>21191</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EAST WEST BANCORP INC.</StockNm>
        <EOYBookValueAmt>6476</EOYBookValueAmt>
        <EOYFMVAmt>7986</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EATON CORP</StockNm>
        <EOYBookValueAmt>15066</EOYBookValueAmt>
        <EOYFMVAmt>26731</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EOG RESOURCES INC.</StockNm>
        <EOYBookValueAmt>24315</EOYBookValueAmt>
        <EOYFMVAmt>24190</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EXELON CORPORATION</StockNm>
        <EOYBookValueAmt>13440</EOYBookValueAmt>
        <EOYFMVAmt>12098</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EXTRA SPACE STORAGE INC.</StockNm>
        <EOYBookValueAmt>7319</EOYBookValueAmt>
        <EOYFMVAmt>9940</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EXXON</StockNm>
        <EOYBookValueAmt>47164</EOYBookValueAmt>
        <EOYFMVAmt>48990</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIDELITY NATL INFO</StockNm>
        <EOYBookValueAmt>22407</EOYBookValueAmt>
        <EOYFMVAmt>13035</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FOOT LOCKER INC.</StockNm>
        <EOYBookValueAmt>10474</EOYBookValueAmt>
        <EOYFMVAmt>10591</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FREEPORT MCMORAN INC.</StockNm>
        <EOYBookValueAmt>16186</EOYBookValueAmt>
        <EOYFMVAmt>20987</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL ELECTRIC CO</StockNm>
        <EOYBookValueAmt>13262</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
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        <StockNm>MARVELL TECHNOLOGY, INC.</StockNm>
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      <InvestmentsCorporateStockGrp>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MONDELEZ INTERNATIONAL INC.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NASDAQ INC.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NEXTERA ENERGY INC.</StockNm>
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        <StockNm>OLD DOMINION FREIGHT LINE</StockNm>
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      <InvestmentsCorporateStockGrp>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PROLOGIS INC.</StockNm>
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      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ROSS STORES INC.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SALESFORCE COM</StockNm>
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        <StockNm>STANLEY BLACK &amp; DECKER, INC.</StockNm>
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        <StockNm>VISA INC.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WALMART INC.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WASTE CONNECTIONS INC.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>XCEL ENERGY INC.</StockNm>
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</Return>
