EFTA01119309

0•Yhett W. Myer venahltnarnes wan Coecrate 0.0 oe.dicne Bank Staimilet Inc %mita OPRe• PO Bca 1776. Ilatercee MO 21203 345Parb knew. Clxi Iwo verh. UnI7 012,45422$1.05S)218409S Statement Period: 08/01/2014 - 08/31/2014 Valuation at a Glance This Period Yeamo-Dale SOUTHERN FINANCIAL LW Beginning Account Value $103,635,665.44 $90,573,050.28 6100 RED HOOK QUARTER B3 Net Cash Deposits and Withdrawals -273,000.00 9,837,54215 ST THOMAS VI 00802 Adjusted Previous Account Value 103,362,665.44 100,410,592.43 Dividends, Interest and Other Income 439,62339 2,417,791.02 Net Other Activity 0.00 -54.00 Net Chan,e in Portfolio 417.409.86 1.391.369.24 Ending Account Value 5104,219,698.69 $104,219,698.6 Your Client Advisor: Estimated Annual Income $3,646,365.03 Asset Allocation Prior Year-EM Last Period This Period %Allocation USD Cash, Money Funds, and Bank Deposits 18,295,949.71 30,329,970.74 34,850,094.30 33.447. Please review your allocation. USD Fixed Income 27,736,972.38 23,923,001.06 19,591,460.64 18.80% Assets of less than 1% of holdings Non-USD Fixed Income 10227,309.46 7,759,787.00 7,722,321.25 7.41% wl not &splay on this pie chart. USD Equities 30,410,519.65 41,232,354.98 38,644,087.25 37.08% l Non-USD Equities 3,137,192.74 0.00 3,027,344.00 2.90% Non-USD Cash, Money Funds, and Bank Deposits 402,106.34 390,461.66 384,391.25 0.37% Other 363,000.00 0.00 0.00 0.00% Account Total (Pie Chart) $90,573,050.28 $103,635,665.44 $104,219,698.69 100.00% See the Asset Alocalion Disclosure and footnotes section for important information regarding your Asset Allocation. Pape 1of 20 Ital Emalleal Oista. Mae ANS. U.C. • e.red worth D0A5.1700. 200972S2CSP30015 Go paperless Ali MOUT 4011IVERY ry V. Uwe 2007 Evee0 0AlltAR RATED COMMUNICATIONS of ne Swab ei Num Verb MS Ccager~1•01Y elbow° ovsnot maw MSC set f.x0ELLEmCE EFTA01119309 Asset Allocation Disclosure and Footnotes Certain values have been defaulted into the Other Asset Class due to incomplete categorizing data All values are &played in U.S. dollars based on interbank exchange rates as of 08/3112014. Exchange rates can vary. Equities contains Equity Mutual Funds. Summary of Gains and Losses Realized This Period Year-to-Date Unrealized Short-Term Gain/Loss 1380 38 18,212.90 2,733,326.04 Lone-Term GairVLoss -2.611.813.65 -7.029.061.12 2.717.691.59 Net Gain/Loss -2,609,833.27 -7,010,848.22 5,451,017.63 This summary excludes transactions where cost basis information is not available. Exchange Rate Table Global Cash Currency Closing Amount in Currency USD EguivaleM per USD Currency Balance Base Currency USD I EURO 1.3171 0.7592 EURO 291.846.67 38439125 Total Global Cash Balance $384,391.25 Exchange rates are based on interbank exchange rates as of 08/3112014. Exchange rates can vary. Money Market Fund Detail Date Activity Type Description Amount Balance Sweep Money Market Fund DWS GOVERNMENT CASH INSTL Account Number: 0000001490 Current Yield: 0.03% Activity Encing: 08/29/14 08/01/14 Opening Balance 30,324,16934 30,324,16934 08/01/14 Deposit MONEY FUND PURCHASE 5,801.20 30.329.970.74 08/05/14 Deposit MONEY FUND PURCHASE 2,093750.00 32.423.72&74 08/06/14 Deposit MONEY FUND PURCHASE 261,889.92 32.685.610.66 08/08/14 Withdrawal MONEY FUND REDEMPTION -534,873.02 32,150,737M 08/12/14 Deposit MONEY FUND PURCHASE 82,091.18 32,232,828.82 08/14/14 Withdrawal MONEY FUND REDEMPTION -266,420.00 31,966,408.82 08/18/14 Deposit MONEY FUND PURCHASE 165,48129 32,131,890.11 08/19/14 Deposit MONEY FUND PURCHASE 82,431.92 32,214,322.03 08/22/14 Deposit MONEY FUND PURCHASE 83.418.63 32,297,740.66 08/26/14 Deposit MONEY FUND PURCHASE 30,618.92 32,328,35938 08/29/14 Deposit MONEY FUND PURCHASE 86,404.83 32,414,764A1 08/29/14 Deposit INCOME REINVEST 815.62 32415080.03 08/29/14 Closing Balance $32 415 580.03 Total All Money Market Funds $32,415,580.03 Page 2 of 20 Rated Ekoillell Mono LI.O. • vel.11, emn.“ 110097252CSF30015 EMAIL.ROLL Go paperless Every Vose Sand 2007 CLAMS* RATED COMMUNICATIONS el The Ono lam %WA Wien Cemorne. env ••••Pee IS' naiad meta Milt SOY SOUTHERN FINANCIAL LLC -On ASK MOOT ii IN Ay EXCELLENCE EFTA01119310 duper Lin• hen,. WnIth MN minnow Mitats CoreNe G/010 OnaiwN NM Secure.Inc No VertCam PO ea. 1776. B,R Mae WAD 21233 345Patb Metrove. NthMa Ilineferik Wf 10134 0121454-2812.4ISS)211t4CIS Statement Period: 08/01/2014 - 08/31/2014 Income and Expense Summary Current Period Year-to-Date Taxable Non Taxable Taxable Non Taxable Dividend Income Equities 116,33625 aoo 468,457.23 0.00 Money Market 815.62 0.00 3,587.45 0.00 Other Dividends 93,750.00 0.00 499,005.20 0.00 Interest Income Bond Interest 67,04426 0.00 605,861.21 0.00 FDIC Insured Bank Deposits 0.00 0.00 2,691.15 0.00 Other Interest 40,625.04 0.00 121,875.12 0.00 Total Dividends, Interest, Income and Expenses $318,571.17 $0.00 $1,791,477.36 $0.00 Distributions Alternative Investments 0.00 121,05222 0.00 626,313.66 Other Distributions 0.00 21,174.66 0.00 488,230.19 Total Distributions $0.00 $142,226.88 $0.00 $1,114,543.85 Portfolio Holdings U.S. DOLLARS Account Activity Opening Closing Acaued Income 30-Day Current Opening Date Quantity Number Ending Bab= Belma bcome This Year Yield Yield Cash, Money Funds, and Bank Deposits Cash Balance 5,80120 2,434,514.27 Money Market DWS GOVERNMENT CASH INSTL 08/01/14 32,415,580.030 0000001490 08/29/14 30,324,169.54 32,415,580.03 26.65 3,587.46 0.03% 0.03% Total Money Market $30,324,169.54 $32,415,580.03 $26.65 $3,587.45 FDIC Insured Bank Deposits INSURED DEPOSITS PROGRAM 08/01/14 N4G023804 08/29/14 0.00 0.00 0.00 2.691.15 N/A N/A Total FDIC Insured Bank Deposits $0.00 $0.00 $0.00 $2,691.15 Total Cash, Money Funds, and Bank Deposits $30,329,970.74 $34,850,094.30 $26.65 $6,278.60 Page 3 of 20 Rated t Cisme any. Slaty WI •abeiry ...Jew', 200972S2C3F30015 Go paper less !Ivey Yea. Sonar 2007 of no s. ei Xs• Ywu Y,n cover~rn own ii/S0 DBAB.ROLL SOUIHtHN HNANUAL AMC A BOU TEirtuvillv DAtBAR Junco COMMUNICATIONS Me. 1.44. -OS maw 'Inc set EXCELLENCE EFTA01119311 Portfolio Holdings (continued) U.S. DOLLARS (continued) Adjusted Unrealized Accrued Estimated Estimided Date aired Cuantit Unit Cost Cost Basis Market Price Market Value Gain/Loss Interest Annual income Yield Fixed Income fin Maturity Date Sequence) 6Asset Backed Securities COUNTRYWIDE HOME LOANS Security Identifier: 12669DYS1 SER 03-1 CL B1 4.090%03/25/33 EVE DTD 01/30/03 Factor:023181744 Effective Date:08101/14 Current Face Value: 1,043,178.480 12/13/13',x,12 4.500.000.000 93.3760 974,08295 86.1950 899,167.69 -74,91526 3,555.50 Original Cost Basis: $1,111.573.07 WASHINGTON MUT MTG SECS CORP 2004-RA2 Security Identifier: 939336320 MTG PASSTHRU CTF CL C-B-1 VAR RATE 6.972%07/25/33 B/E DTD 06/01/04 S & P Rating Factor: 0.57776879 Effective Date:08/01/14 Current Face Value: 745,321.739 12/13/13 .•3,12 1,290,000.000 763190 570,309.83 87.0420 648.74285 78,43112 4,330.58 Original Cost Basis: $638,906.71 Total Asset Backed Securities $1,544,392.78 $1,547,910.64 ;3,517.86 $7,886.08 $0.00 5,790,000.000 Total Current Face Value: 1,788,500.219 Corporate Bonds JPMORGAN CHASE & CO MEDIUM TERM NTS Security identifier: 48126NVE4 CAPPED CONTINGENT BUFFERED EQUITY NTS 0.000% 10/16/14 B/E DTD 09/27/13 12/05/13 'AM 1,000,000.000 100.0000 1.000.000.00 105.0400 1.050.400.00 50,400.00 0.00 Original Cosl Basis: $1,000.000.00 PETROLEOS DE VENEZUELA Security identifier: P7807HAF2 NOTES SENIOR ISINAS0460546525 5.000%10/28/15 REG DTD 10/28/09 S & P Rating B+ 12/04/13 ',SA 2.500.000.000 93.6050 2,340,116.28 920000 2.325.000.00 15.11628 42.361.11 125.00000 537% Original Cost Basis: $2,250,000.00 HEADWATERS INC GTD SR NT Security identifier: 42210PAGS 7.625%04/01/19 B/E DTD 03/11/11 CALLABLE 04/01/15 @ 103.813 Moody Rating B2 S & P Rating B+ 10/22/12 ' ,12,13 1.003000.030 102.1670 1.021.666.69 105.5000 1,055,000.00 33,333.31 31,770.83 76.25000 7.22% Original Cosl Basis: $1835.000.00 EARTHLINK INC GTD SR NT FULLY EXCHANGED Security Identifier: 270321AC6 CUSIP FROM 270321AB8 8.875% 05/15/19 EVE DTD 05/17/11 CALLABLE 05/15/15 S & P Rating CCC+ 10/22/12 . ,3,12 400,000.000 102.6890 410,756.48 102.2500 409,000.00 -1,756.48 10,452.78 35,500.00 8.67% Page 4 of 20 R*40 EmatIkent 0101AlleditadlOIOISSIOLLIS • ••••••,•••••• oulinkamM1 110097252CSF30015 DEA..R011 Go paperless AMC ASCOT 4011IWAY Every 'tsar Uwe 2007 OALEUUt RATED COMMUNICATIONS el Tie ••••• Nay Yet% nCemoraet OM'S. tLe emigre maw MPC. VC Sore SOUTHERN FINANCIAL LLC EXCELLENCE EFTA01119312 °NW". Bal. Myer wealth IlAinencal Minn Coono ONO INvisthe Bank hoomiet NaNIN.0110 PC Pex 1776. CIA two MD 21233 345 Pad. Merva. 260 fixr Mrslick IN MN 4544812. 050118-409S Statement Period: 08/01/2014.08/31/2014 Portfolio Holdings (continued) U.S. DOLLARS (continued) Adjusted Unrealized Accrued Estimated Estimated Date kc, uried Quantit Unit Cost Cost Basis Market Price Market Value Gain/Loss Interest Annual Income Yield Fixed Income (continued) Corporate Bonds (continued) EARTHLINK INC GTD SR NT FULLY EXCHANGED (continued) Original Cost Basis: $414,000.00 10/23.12 ',3,12 ECO.X2 ECE 102.4990 614,992.62 102.2500 613,500.00 -1.492.62 15,679.16 53,250.00 8.67% Original Cost Basis: $619,500.00 Total Noncovered 1,000,000.000 1,625,749.10 1,022,500.00 4,249.10 26,131.94 88,750.00 Total 1,000,000.000 $1,025,749.10 $1,022,500.00 43,249.10 $26,131.94 $88,750.00 SERVICEMASTER CO SR NT - CUSIP FULLY Security Identifier: 81760NAN9 EXCHANGED FROM OLD CUSIP 81760NAL3 8.000%02/15/20 B/E DTD 02/13/12 Moody Rating CAA1 S & P Rating B- 01/24/13 ',12,13 440,000.000 104.5910 460,199.63 1072500 471.900.01 11,700.38 1,564.44 35,200.00 7.45% Original Cost Basis: $468,050.00 02/25/13 ',12,13 1,000,000.000 105.1020 1,051,018.62 1072500 1.072.499.99 21,481.37 3,555.56 80,000.00 7.45% Original Cost Basis: $1,070,000.00 Total Noncovered 1,440,000.000 1,511,218.25 1,544,400.00 33,18135 5,120.00 115,200.00 Total 1,440,000.000 $1,511,218.25 $1,544,400.00 $33,18t75 $5,120.00 $115,200.00 LLOYDS TSB BK PLC EURO ISSUE MEDIUM Security Identifier: G4S15P1248 TERM NOTES ISINNS0717735822 9.875%12/16/21 REG DTD 12/16/11 Moody Rating Ba1 S & P Rating BBB 12/04/13 'An 1,500,000.000 107.9440 1,619,166.62 117.0000 1,755,000.00 135,83328 104,510A2 148,125.00 8.44% Original Cost Basis: $1,627,500.00 SOUTHERN CALIF EDISON CO Security Identifier: 842400FU2 PREF SER E 6.250%02/01/22 B/E DTD 01/17/12 CALLABLE 02/01/22 Moody Rating BAA1 S & P Rating BBB- 01/30/12 .,342 3,000,000.000 99.8020 2094,061.72 108.7500 3,262,500.00 268,43828 15,625.00 187,500.00 5.74% Original Cost Basis: $2,992,564.97 Page 5 of 20 4 0 R7400 Excellent arse one Niniraa • .0.07 ad • wean SOO97252CMP30015 OBAOR011 Go paperiess Fey Year Since 2007 OAL OAR RATED COMMUNICATIONS el llama el NSW VW% MISR C•••••Soi Mao U.C. AV IS Mit VC 0•40 SOUTHERN FINANCIAL LLC AMC MOOT 40CLIVERY EXCELLENCE EFTA01119313 Portfolio Holdings (continued) U.S. DOLLARS (continued) Adjusted Unrealized Accrued Estimated Estimated Date Acquired Quantity Una Cost Cost Basis Market Price Market Value Gain/Loss Interest Annual Income Yield Fixed Income (continued) Corporate Bonds (continued) BARCLAYS BK PLC CONTINGENT CAP NT Security Identifier: 06739FHK0 ISINeUS06739FHK03 7.750%04/10/23 B/E DTD 04/10/13 CALLABLE 04/10/18 S & P Rating BB+ 04/03/13 .,I2,13 300,000.000 100.0000 300,000.00 1112500 333,750.00 33,75300 9.10625 23.250.00 6.96% Original Cost Basis: $300,000.00 JPMORGAN CHASE 8 CO DEP SHS REPSTG Security Identifier: 46625HHA1 1/10TH PFD SER 1 FIXED TO FLTG RT BD 7.900%04/29/49 B/E DTD 04/23/08 Moody Rating BA1 S & P Rating BBB 06/15/11 .,3,12 2,500,000.000 107.5000 2,687,500.00 110.6250 2,765,625.00 78,125.00 65.83134 197,500.00 7.14% Original Cost Basis: $2,687,500.00 06/15/11 *•3,I2 2,500,000.000 107.0000 2,675,000.00 110.6250 2,765,625.00 90,625.00 65,833.33 197,500.00 7.14% Original Cost Basis: $2,675,000.00 Total Noncovered 5,000,000.000 5,364500 00 5,531,250.00 168,750.00 131,666.67 395,000.00 Total 5,000,000.000 $5,362,500.00 $5,531,250.00 $188,760.00 $131,666.67 $395,000.00 BANK AMER CORP PERP NON COMULATIVE DEP Security Identifier: 060505DT8 SHS FIXED TO FLOAT 8.125% 04/30/58 8/E DTD 04/30/08 CALLABLE 05/15/18 Moody Rating BA3 S & P Rating BB+ 01/10/11 *•3,I2 2,000,000.000 102.7500 2.055.000.00 111.0000 2,220,000.00 165,000.00 47,847.22 162,500.00 7.31% Original Cosl Basis: $2.055.000.00 GENERAL ELEC CAP CORP NON CUM PFD SER Security Identifier: 369622SN6 A 7.125%06/12/62 8/E DTD 06/12/12 CALLABLE 06/15/22 Moody Rating BAA1 S & P Rating AA- 06/27/12 ',I2,13 2,000,000.000 105.5300 2,110,606.12 117.8750 2,357,500.00 246.89488 30,083.33 142,500.00 6.04% Original Cost Basis: $2,122.916.67 LBG CAPITAL N01 PLC 144A Security Identifier: G5433BBG8 ISINMXS0473106283 8.000%09/15/88 REG DTD 12/15/09 CALLABLE 06/15/20 S & P Rating BB 12/04/13 *•3,I2 1,200,000.000 108.25® 1,299,000.00 109.4000 1.312.800.00 13,800.00 0.00 96.00800 7.31% Original Cost Basis: $1299.000.00 LLOYDS BANKING GROUP PLC FXD RATE RESET Security Identifier: 539439AG4 ADDL TIER 1 SECS ISINeUS539439AG42 7.500%09/27/88 B/E DTD 04/07/14 S & P Rating BB- Please Provide • 1,903,000.000 N/A Please Provide 104 8750 1.995.771 25 N/A 24.97688 142,725.00 7.15% Pap 6 of 20 110097252CSF30015 OBAIL.ROll Go paperless rt "y,:=1-4. 2007 OAL BAR RATED COMMUNICATIONS 01••••• dyad.. w LIA • ensile, amored earl." 11.• Monte/New Verb tallemoriCemS• Peal*. tit MOW., mat& wow *a SOUTHERN FINANCIAL LLC Ali MOUT 6.Or1iVf EXCELLENCE EFTA01119314 Oruher Bin, ;MAW Wnkh Iltnarneal Weeks Contest Gxx oe.owN. e.g scare' Inc Nes v., COIN PC Ba4 1778. &aura* PAD 21233 MS Pot Anort. 2(41. Wm Ye rk. la 10114 1717145421lit 055)218409S Statement Period: 08/01/2014 - 08/31/2014 Portfolio Holdings (continued) U.S. DOLLARS (continued) Adjusted Unrealized Accrued Estimated Estimated Date Acquaed Quantity Unit Cost Cost Basis Market Price Market Value Gain/Loss Interest Annual Income Yield Fixed Income (continued) Corporate Bonds (continued) LLOYDS BANKING GROUP PLC FXD RATE RESET (continued) Original Cost Basis: Please Provide Total Corporate Bonds $22,639,083.78 $25,765,871.25 81,131,016.22 8469,199.65 $1,702,800.00 23 843 000.000 Total Fixed Income $24,113,476.56 $27,313,781.89 81,134,534.08 $477,085.73 $1,702,800.00 29,633,000.000 Unrealized Estimated Estimated Date ired drantit Unit Cost Cost Basis Market Price Market Value Gain/Loss Annual income Yield Equities Common Stocks MOBILEYE NV AMSTELVEEN ORD SHS Security Identifier: MBLY ISIN#NL0010831061 CUSIP: N51488117 Dividend Option: Cash 08/01/14 800.000 25.0000 20,000.00 43.1800 34,544.00 14,59400 APOLLO GLOBAL MGMT LLC CL A SHS Security Identifier: APO Dividend Option: Cash CUSIP: 037612306 03/29/11 263,157.000 19.0000 4,999,983.00 24.4000 6,421,030.80 1,421,04710 892,102.23 13.89% APPLE INC COM Security Identifier: AAPL Dividend Option: Cash CUSIP: 037833100 10/28/13 14,000.000 755800 1,058,120.50 102.5000 1,435,000.00 376,87950 26,320.00 1.83% ARIAD PHARMACEUTICALS INC Security Identifier: ARIA Dividend Option: Cash CUSIP: 04033AI 00 02/14/12 •,I3 7,535.000 152090 114,597.40 6.2200 46.867.70 47,729.70 01/24/13 9,000.000 19.6000 176,400.00 6.2200 55,98600 -120,420.00 Total Noncovered 16,535.000 290,997.40 102,847.70 -188,149.70 Total 16,535.000 $290,997.40 $102,847.70 4188,149.70 $0.00 ASCENA RETAIL GROUP INC COM Security Identifier: ASNA Dividend Option: Cash CUSIP: 04351G101 01/16/01 70.500.000 212770 1,500,000.00 17.3900 1,225,995.00 -274,005.00 Page? of 20 M00M00 Em0.110,14 0OssinellnugOlindnaLLIS•taelry....ni.asidel 200972S2C3P30015 1211A6.004.1. Go paperless (t) Every Vat Since 2007 DALLIAR RATED COMMUNICATIONS 011•••••••Nw•VerbillOwlran~ noose 440 mos Mao. sc se.< owe its.) SOUTHERN FINANCIAL LLC AIX MOUT Ceti MIRY EXCELLENCE EFTA01119315 Portfolio Holdings (continued) U.S. DOLLARS (continued) Unrealized Estimated Estimated Date ired Quantity Una Cost Cost Bash Ibiket Price Market Value Gain/Loss Annual Income Yield Equities (continued) Common Stocks (continued) BANK OF NEW YORK MELLON CORP COM Security Identifier: BK Dividend Option: Cash CUSIP: 064058100 06/25/14 250,000.000 363060 9,076,406.00 39.1800 9,795,000.00 718.594.00 170,000.00 1.73% BIOGEN IDEC INC COM Security Identifier: BUB Dividend Option: Cash CUSIP: 09062%103 02/14/12',13 2.095.000 119.5490 250.454.95 343.0400 718,668.80 468.213 85 FACEBOOK INC CL A Security Identifier: FB Dividend Option: Cash CUSIP: 3030314102 05/17/12 ',13 17.500.000 38.0000 665.000.00 74.8200 1,309,350.00 644.350.00 FOUNDATION MEDICINE INC COM Security Identifier: FMI Dividend Option: Cash CUSIP: 350465100 01/13/14 25.000.000 27.5070 687,663.50 232700 581,750.00 -105,91350 08/05/14 24,830.000 23.2530 577.373.02 232700 577.794.10 421.08 Total Covered 49,830.000 1,265,036.52 1,159,544.10 -105,492.42 Total 49,830.000 81,265,036.52 51,159,544.10 4105,492.42 $0.00 GENERAL ELECTRIC CO COM Security Identifier: GE Dividend Option: Cash CUSIP: 369604103 04/23/13',13 23,000.000 21.5700 496,109.08 25.9800 597,540.00 101,430.92 20,240.00 3.38% GENERAL MIAS CO COM Security Identifier: GM Dividend Option: Cash CUSIP: 37045V100 11/18/10 ' 10,988200 36.4010 399,978.16 34.8000 382,389.37 -17,588/9 13,185.84 3.44% 12/09/10 86,536.800 36.8160 3,185,969.22 34.8000 3,011,480.63 -174,488.59 103,844.16 3.44% Total Noncovered 97,525.000 3,585,947.38 3,393,870.00 -192,077.38 117,030.00 Total 97,525.000 $3,585,947.38 $3,393,870.00 4192,077.38 $117,030.00 GILEAD SCIENCES INC Security !dent',ler: GILD Dividend Option: Cash CUSIP: 375558103 02/05/14 5.000.000 79.2810 396,407.00 107.5600 537,800.00 141,393.00 03/07/14 3.100.000 79.6120 246,797.00 107.5600 333,436.00 86,639.00 Total Covered 8,100.000 643,204.00 871,236.00 228,032.00 Total 8,100.000 $643,204.00 $671,236.00 $228,032.00 $0.00 P MORGAN CHASE & CO COM Security Identifier: JPM ISIN8US46625H1005 CUSIP: 46625H100 Dividend Option: Cash 07/14/05 4.353.000 488.4840 2,126,372.76 59.4500 258,785.85 -1,867,586.91 6,96429 2.69% SANGAMO BIOSCIENCES INC COM Security Identifier: SGMO Dividend Option: Cash CUSIP: 800677106 Page 8 of 20 P.al eel O cellent 01••••• mese ItinkineLLO. . SW, end enagni/eir 110097252CSE30015 OBAS.ROO. Go paperless ihnsy Vw. Since 2007 OAL0ARRArco COMMUNIGTIONS 011••••••• N•r•••••••• °rowan CONY Sart PONS*. U.C. ff••••• ,s MSC MC SOUTHERN FINANCIAL LLG ASA MOUT teCIIVIRY ExCELLENCE EFTA01119316 DOOM X Lin. httalt•Wnkh Mainarneall Mann Corerai.G,•10 Deutiine his 1.eoo w ifC tin het Pk. PC Pia 1776. CIA triceo MD 21233 34SPafI, knout. 26th 1100, taw Vett FM 101..4 'MI IS1.1PI QSS)7A 409$ Statement Period: 08/01/2014 - 08/31/2014 Portfolio Holdings (continued) U.S. DOLLARS (continued) Unrealized Estimated Estimated Date A, wied Unit Cost Cost Basis Market Price Market Value Gain/Loss Annual Income Yield Equities (continued) Common Stocks (continued) SANGAMO BIOSCIENCES INC COM (continued) 05/28/13 ',I3 50.000.000 8.4440 422,214.00 14.3000 715,000.00 292,78500 SANTANDER CONSUMER USA HLDGS INC COM Security Identifier: SC Dividend Option: Cash CUSIP: 80283M101 01/23/14 1,000.000 24.0000 24,000.00 18.6200 18,620.00 -5,380.00 600.00 3.22% TWITTER INC COM Security Identifier: DMA Dividend Option: Cash CUSIP: 901841.102 11/07/13 1 500 000 26.0000 39 000 00 49.7500 74 625 00 35 625.00 Total Common Stocks ;26,462,845.59 $28,131,657.25 $1,668,811.66 $1,233,257.03 Preferred Stocks (Listed by expiration date) ALLY FINL INC PERP PFD FIXED/FLTG RATE Security Identifier: ALLY PRB SER A CALLABLE COUPON 8.5% CUSIP: 020094308 PERPETUAL MATURITY CALL@25 05/15/16 Dividend Option: Cash 02/03/12 46.600.000 19.3820 903,217.51 272700 1270,782.01 367,564.50 99,025.00 7.79% 02/09/12 80.000.000 20.1250 1,619000.00 272700 2,181,599.99 571,599.99 170,000.00 7.79% Total Removed 126,600.000 2,5132217.51 3,452,382.00 939,164.49 269,025.00 Total 126,600.000 ;2,513,217.51 $3,452,382.00 $939,164.49 $269,025.00 MAAS CAP TR I GM TR PFD SECS SER 2 8 Security Identifier: ALLY PRA 125% FIXED RATE / FLTG CUSP: 361860208 Dividend Option: Cash 02/22/12 80.000.000 23.5350 1,882,773.60 26.8999 2,151,992.00 269,218.40 162,500.00 7.55% ROYAL BANK SCOTLAND GROUP PLC SPON ADR Security Identifier: RBS PRT REPSTG SER T PDF SHS COUPON 7.25% CUSP: 780097713 PERPETUAL MATURITY CALL(025 05/14/14 Dividend Option: Cash 10/24/12 *,I3 40.000.000 23.7900 951,600.00 25.6800 1,027,199.99 75,599.99 72.500.00 7.05% 01/07/13 40.000.000 24.4400 977,600.00 25.6800 1,027,199.99 49,599.99 72.500.00 7.05% 01/14/13',13 40.000.000 24.8800 995,200.00 25.6800 1,027,200.02 34000.02 72.500.00 7.05% Page 9 of 20 Rated E:SINN CONS. Oise MS. •ftliderlated winder/ 160017252C3F30015 OSAS.R04.I. Go paperless fray v—Swic• 2007 °MAAR RATED COMMUNICATIONS 011.• *DM 40 Nay vs. Wan C_-__. INCISOIA.0 Mak Muc SOC Moan SOUTHERN FINANCIAL LLC AMC MOOT tetilVIRV EXCELLENCE EFTA01119317 Portfolio Holdings (continued) U.S. DOLLARS (continued) Unrealized Estimated Estimated Date Acquired Quantity Unit Cost COW Barb Market Pike Market Value Gain/Loss Annual Income Yield Equities (continued) Preferred Stocks (continued) ROYAL BANK SCOTLAND GROUP PLC SPON ADR (continued) Total Noncovered 120,000.000 2,924,400.00 3,081,600.00 157,200.00 217,500.00 Total 120,000.000 $2,924,400.00 $3,081,600.00 $157,200.00 $217,500.00 Total Preferred Stocks $7,320,391.11 $8,685,974.00 $1,365,582.89 $649,025.00 Options CALL 100 AMERICAN AIRLS GROUP INC COM Option Identifier: 990ADTZJI EXP 01-17-15@20.000 OPTION ROOT= AkL Underlying Security Identifier: /aL 1,000.00 of these contracts we in your margin account Underlying Security Price: $38.88 12/11/13 • 1,000.000 8.0330 803,314.50 18.6400 1,864,000.00 1,060,635.50 PUT 100 AMERICAN AIRLS GROUP INC COM Option Identifier: 99OADTZ00 IXP 01.17-15@20.000 OPTION ROOT= AkL Underlying Security Identifier:Jut -1,000.00 of these contracts we a short position Underlying Security Price: $38.88 12/11/13 • -1.00W)00 1.9770 -197.702.00 0.0300 -3.000.00 194.702.00 Total Options $605,612.50 $1,861,000.00 $1,255,387.50 $0.00 Total Equities $34,388,849.20 $38,678,631.25 $4,289,782.05 $1,882,282.03 Unrealized Estimated Estimated Date Acquired Quantity Unit Cost Cost Basis Market Price Market Value Gain/Loss Annual Income Yield Exchange-Traded Products WISDOMTREE TR JAPAN HEDGED EQUITY FD Security Identifier: DXJ Dividend Option: Cash: Capital Gams Option: Cash CUSIP: 97717W851 60,000.00 of these shares are in your margin account 12/11/13 60.000.000 49.4350 2,966,098.50 49.8800 2,992,800.00 26,701.50 55,004.40 1.83% Total Exchange-Traded Products $2,966,098.50 $2,992,800.00 $26,701.50 $55,004.40 Unrealized Accrued Estimated Cost Basis Market Value Gain/Loss Interest Annual Income Total U.S. DOLLARS $96,388.518.56 5103,835,307.44 $5,451,017.63 $477,085.73 $3,646,365.03 EURO Opening Closing Accrued 30-Oay Description Quantity Balance Balance Currency Income Yield Cash, Money Funds, and Bank Deposits Global Cash Balance 291,846.67 291,846.67 EUR 384,391 25 USD Total Cash, Money Funds, and Bank Deposits 291,846.67 291,846.67 EUR 0.00 384,391.25 USD 0.00 Page 10 of 20 Rated Emalleal - sere IinMag LLC. • ono,/ e•vaid •••••••••V 110097252CSF30015 OBAS.R011 Gopapeness ,11k ) rated Yee. Since 2007 Tamil Mrs vet NOV. Cemoran ISM SIM. GALENA RATED COMMUNICATIONS Neese LLC nts.••• mar. MIK VC SOUTHERN FINANCIAL LLC Ali MOUT teCtIVIRY EXCELLENCE EFTA01119318 Multi, Sam hen!. W.slth w nye,. Manes CweNt. Cm Deutizne 1Nre We Vert Cam PO Ba 1778. Baum.* WO 21233 145, .M\ *NAN. 26th MO, Ma Vett NI 101..4 1)0114.16111. EISS)2A 495 Statement Period: 08/01/2014 - 08/31/2014 Portfolio Holdings (continued) EURO (continued) Accrued Market Value Currency Interest Total EURO 291,846.67 EUR 0.00 384.391.25 USD 0.00 Unrealized Accrued Estimated Cost Basis Market Value Gain/Loss Interest Annual Income Total Portfolio Holdings - U.S. $96,388,518.56 $104,219,698.69 S5,451,017.63 $477,085.73 $3,646,365.03 DOLLARS Footnotes • Noncovered under the cost basis rules as defined below. itpurities acquired before 2011 are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended FIRC*) (incorporating amendments enacted by M.110-343, the Emergency Economic Stabilization Act of 2008) and are, therefore, considered • noncovered," under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are 'covered" under the new cost basis reporting rules. Securities which are 'covered" under the new cost basis reporting rules are defined as securities which have been acquired on or after their 'applicable date(s)' at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1, 2011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1. 2012 • Other securities. principally debt securities and options, acquired on or after January 1, 2014, or later, as detemined by the Secretary of the Treasury. Cost Basis on fixed income securities is adjusted for amortization. accretion or principal paydowns. The method of calculation is based upon the type of fixed income security and certain attributes. obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the portfolio system is amended to reflect this change. These calculations will not be performed under certain circumstances, inducing those involving continuously callable bonds, foreign bonds, variable rates, bonds in default, index-linked bonds, bonds sold shod or bonds that have a negative yield. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. 3 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. Unrealized gains and losses are not reported for securities for which cost basis or market value is not available. 6 The Current Face value represents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face amount of the security. Factors may change over time and are obtained from sources we believe to be reliable. 12 Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section. 13 The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. Page 11 of 20 200972S2C3P30015 DBAB.R01.1. Go paperless tit. 2007 DALELLA RATED COMMUNICATIONS Cosy wawa AnkineLLO. • ••••••.. one ...way. Mlle Genii e.Nos Yen moon Como-b• eon ‘440 Peal*. tit or••••• MSC sac SOUTHERN FINANCIAL LLC AllOtiT C-Otuvtlev EXCELLENCE EFTA01119319 Holdings Summary by Currency Exchange-Traded Currency Cash Fixed Income Equities Funds Total by Currency U.S. DOLLARS 34.850.094 27.313,781 38,67 ,631 2,992.800 103.835,307 USD EURO 291.846 0 0 0 291.846 EUR Total USD Equivalent 35,234.485 27,313,781 38,678,631 2,992,800 104,219,698 USD % of Allocation 33.81% 26.21% 37.11% 2.87% 100.00% Schedule of Realized Gains and Losses Current Period Disposition Acquisition Disposition Realized Gain/Loss/ Date Date Transaction Description quantity Cost Basis Proceeds Disallowance Short Term 08/21/14 12/13/13' PPP WASHINGTON MUT MTG S 004442 MTG PASSTHRIJ CTF CL 1,290,000.000 1,927.61 2.5' 9.' 3 591.52 C- 8-1 VAR RATE 6.972%07/25/33 Security Identifier: 939336520 Original Cast Basis: 1,927.61 0825/14 12/13/13' RFP COUNTRYWIDE HOME LOA 1 CL B1 4.090%03/25/33 B/E D 4,500,000.000 19,579.74 29968.60 1,388.86 TD 01/30/03 Security Identifier: 12669DY31 Original Coss Basis: 19,579.74 Total Short Temi $21,507.35 $23,487.73 $1,980.38 Long Term 08/01/14 07/14/05' SELL P MORGAN CHASE 8 CO US46625H1005 1.450.000 708.302,44 81,689.92 -626,412.52 First In First Out Security Identifier: PM 08/05/14 07/25/13' RDMG Inc STRUCTURED PRODS Mt LKD MKT PLUS PROTECTED 2.000.000.000 2.000.000.00 2,200,000.00 200,000.00 First In First Out NOT ES 0.000% 08/05/14 B/E DTD 07 Security Identifier: 78423EHS6 Original Cost Basis: 2,000,000.00 08/07/14 07/14/05' SELL P MORGAN CHASE 8 CO US48625H1005 1.450.000 708,302.44 82,091.18 -626,211.26 First In First Out Security Identifier: PM 08/14/14 07/14/05' SELL P MORGAN CHASE 8 CO US46625H1005 1.450.000 708,302.43 82,431.92 -625,870.51 First In First Out Security Identifier: PM 08/19/14 07/14/05' SELL P MORGAN CHASE 8 CO US46E25H1005 1.450.000 708,302.44 83,418.63 -624,883.81 First In First Out Security Identifier: PM 08/26/14 07/14/05' SELL P MORGAN CHASE 8 CO US46625H1005 1.450.000 708,302.43 86,404.83 -621397.60 First In First Out Security Identifier: PM 08/29/14 05/24/13' RDMG 13HSBC USA INC MEDIUM UFFERED NOTES LKD TO EURO 2.000.000.000 2,000,000.00 2,313,462.05 313,462.05 First In First Out STOX X 50 0.000%08/29/14 B/E DTD Security Identifier: 40432XFP1 Orioinal Cost Basis: 2 000 000.00 Total Long Term $7,541,512.18 $4,929,698.53 -$2,611,813.65 Page 12 of 20 11009725205230015 DEA6.R04.1. Go paperless ItaN0 Ems:silent Every Vow Since 2007 OALEAR RATED COMMUNICATIONS Cosy wimp ItwaNNi LLO. • IMIelry •••••pg of no Gonne wow *now Cars. swore (LC. oniseet MYRA MSC SO`t own us.) SOUTHERN FINANCIAL LLC AMC MOOT 406/VW/ EXCELLENCE EFTA01119320 °tube.. w. Prmw Wnkhlitnarneal kfireWs Conran 0.40 onowne sem se mist Inc Mee Vol Cam PO Bca 1778.8m ncr9 WO 21233 345P•tb Artsre. Nth Ma t. wled'. M 10.14 1212145421101.0SS)218-4095 Statement Period: 08/01/2014 - 08/31/2014 Schedule of Realized Gains and Losses Current Period (continued) Disposition Disposition Acquisition Realized Gain/Loss/ Date Date Transaction Description Quantity Cost Basis Proceeds Disallowance Total Short Term and Long Term $7.563,019.53 $4,953,186.26 -$2,609,833.27 • Noncovered under the cost basis rules as defined below. Securities acquired before 2011 are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended 0RO (incorporating amendments enacted by P.L.110-343, the Emergency Economic Stabilization Ad of 2008) and are, therefore, considered snonoovered,' under the new cost basis reporting rules. and marked or denoted as such. All other securities in this section are securities with are "covered under the new cost basis reporting rules. Securities which are 'covered' under the new cost basis reporting rules are defined as securities which have been acquired on or after their 'applicable date(s)' at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1, 2011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1.2012 • Other securities, principally debt securities and options, acquired on or after January 1. 2014, or later. as determined by the Secretary of the Treasury. This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099-B or online displays you may have available to you. When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting. Cost Basis on fixed income securities is adjusted for amortization. accretion or principal paydowns. The method of calculation is based upon the type of fixed income security and certain attributes. obtained from sources believed to be reliable. In the event, one or more of these attributes is changed. there may be a temporary incorrect adjusted cost basis reflected until the portfolio system is amended to reflect this change. These calculations will not be performed under certain circumstances. inducing those involving continuously callable bonds, foreign bonds, variable rates, bonds in default, index-linked bonds, bonds sold shod or bonds that have a negative yield. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. 13 The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. Please refer to the Your Account Information Section in your brokerage account statement for your accounts existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO). You accounts selected tax lot method will be used to determine the cost basis for calculating gain and/or loss, unless another method was selected at the time of the security disposal, and this may be reported on the IRS Form 1099-B. Page 13 of 20 Rade° t cone M 010•00. Mae /weave lag. • •••••••• area scares" 800972S2C3P30015 OBAB.ROLL G o paperless tne f V". Senn 2007 DAtEtali RATED COMMUNICATIONS of Tie apnli M Is VerbY.en Ccest~i Pilange ISC maw me& MOTS SOC IOW MS) SOUTHERN FINANCIAL LLC Ali MOUT • 4X4IVIRY EXCEUENCE EFTA01119321 Messages Federal Deposit Insurance Corporation (FDIC)-Insured Bank Deposits are not protected by Securities Investor Protection Commation.(SIPC). For disclosure of rates for DWS money market funds. please visit the DWS Investments website at httpss'Awny.dws-investments.com/ENIproductsimonermarket-funds-yields.isp. Please note that all money market funds listed on the website may not be offered through us. Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Deutsche Bank has combined its asset and wealth management operationsaincluding Deutsche Bank Alex. Brownainto a single division operating under the Deutsche Asset & Wealth Management brand and future communications will reflect this change. Your account will continue to be serviced by and securities will continue to be offered through Deutsche Bank Securities Inc., a registered broker-dealer and investment adviser, which conducts investment banking and securities activities in the United States. Deutsche Bank Securities Inc. is a member of FINRA, NYSE and SIPC. The new brand name has no effect on your account. Your portfolio and holdings will not change as a result of the rebranding. Activity Summary (NI amounts shown are in base currency) Credits This Period Year-to-Date Debits Ns Period Year-to-Date Securities Securities Securities Bought 0.00 0.00 Securities Bought -597,373.02 -19.812.268,11 Securities Sold 416,236.48 17,854,455.34 Securities Sold 0.00 0.00 Total Securities $416,236.48 $17,854,455.34 Total Securities -$591,373.02 -$19,812.268.11 Dividends and Interest $318,571.17 $1,885,284.87 Dividends and Interest $0.00 -$93,807.51 Distributions $4,655,688.93 $6,772,805.90 Distributions $0.00 Fees $0.00 $0.00 Fees -$54.00 Cash Cash Withdrawals 0.00 0.00 Withdrawals -273,000.00 -1,331.245.00 Deposits 0.00 11168,787.15 Deposits 0.00 0.00 Total Cash $0.00 $11,168,787.15 Total Cash -$273,000.00 -$1,331,245.00 FDIC Insured Bank Deposits $0.00 $37,486,437.18 FDIC Insured Bank Deposits $0.00 -$19,304,764.85 Money Market Funds $801,293.02 $9,928,870.15 Money Market Funds -$2,892,703.51 -$42,344,450.18 Total Credits $6,191,789.60 $85,096,640.59 Total Debits -$3,763,076.53 -$82,886,589.65 Page 14 of 20 Rated CoNdlent 0.0•000diteugl•••••. 1.0110 110097252CSF30015 00A0.R042 Go paperless Every vomit Uwe 2007 OALEtAR RATED COMMUNICATIONS el The ef tLe ire„ •••••••••••••••dscouleir Verb tallaran Censeece• ISM tillace) men NUC sec SOUTHERN FINANCIAL LLC Ali ABOUT 4011IVEXY EXCELLENCE EFTA01119322 Muhl", Lim ht.. WnlOiiiinetenns mats (aerate Otto (ullett Oink feoomeninc Ike Vert alio PO Ba 1770. Elamite AL 21203 345Pel littrive.2(thf NneVerit, 0014 itliplylnetiESS)21E4CIS Statement Period: 08/01/2014 - 08/31/2014 Transactions by Type of Activity Process/ Trade/ Settlement Transaction Date Date Activ T e Desai lion °vend Price Accrued Interest Amount Curt Securities Bought and Sold 08/06/14 08/01/14 PURCHASED MOBILEYE NV AMSTELVEEN ORD SHS ISIN#NL0010831061 800.000 25.0000 -20.000.00 USD MBLY PROSPECTUS UNDER SEPARATE COVER 08/06/14 08/01/14 SOLD JP MORGAN CHASE & CO COM ISIN#US46625H1005 -1.450.000 56.5412 81.889.92 USD JPM UNSOLICITED ORDER 08/08/14 08/05/14 PURCHASED FOUNDATION MEDICINE INC COM UNSOL AVERAGE UNIT 24,830.000 23.1928 -577.373.02 USD FMI PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 08/12/14 08/07/14 SOLD JP MORGAN CHASE & CO COM ISIN#US46625H1005 BKCM -1.450.000 56.6800 22.091.18 USD JPM A PERSHING AFFILIATE MAKES A MKT IN THIS SECURITY & ACTED AS PRINCIPAL UNSOUCITED ORDER 08/19/14 08(14/14 SOLD JP MORGAN CHASE & CO COM ISIN#US46625H1005 BKCM -1.450.000 56.9150 82.431.92 USD JPM A PERSHING AFFILIATE MAKES A MKT IN THIS SECURITY & ACTED AS PRINCIPAL UNSOUCITED ORDER 08/22/14 08(19/14 SOLD JP MORGAN CHASE & CO COM ISIN#US46625H1005 BKCM -1.450.000 57.5955 81418.63 USD JPM A PERSHING AFFILIATE MAKES A MKT IN THIS SECURITY & ACTED AS PRINCIPAL SOUCITED ORDER 08/29/14 08/26/14 SOLD JP MORGAN CHASE & CO COM ISIN#US46625H1005 BKCM -1.450.000 59.6550 86.404.83 USD JPM A PERSHING AFFILIATE MAKES A MKT IN THIS SECURITY & ACTED AS PRINCIPAL UNSOUCITED ORDER Total Securities Bought and Sold - UNITED STATES DOLLAR 0.00 -181,136.54 Dividends and Interest 08/04/14 CASH DIVIDEND RECEIVED SOUTHERN CALIF EDISON CO PREF SER E 6.250%02/01/22 93.750.00 USD 842400FU2 B/E RD 07/05 PD 08/01/14 CASH PAYMENT 3000000 08/08/14 CASH DIVIDEND RECEIVED 250000 SHRS BANK OF NEW YORK MELLON CORP COM RD 42.50000 USD BK 07/29 PD 08/08/14 08/14/14 CASH DIVIDEND RECEIVED 14000 SHRS APPLE INC COM RD 08/11 PD 08/14/14 6.580.® USD /APL 08/15/14 CASH DIVIDEND RECEIVED 126600 SHRS ALLY FINL INC PERP PFD FIXED/FLTG RATE SER 67.256.25 USD ALLY PRB A CALLABLE COUPON 8.5% PERPETUAL MATURITY CALL@25 05/15/16 RD 08/01 PD 08/15/14 08/15/14 BOND INTEREST RECEIVED 80000 SHRS GMAC CAP TR I GTD TR PFD SECS SER 2 8125% 40.62104 USD ALLY PM FIXED RATE / FLTG RD 08/14 PD 08/15/14 Page 15 of 20 e c. .0 s Paled CoCellont army drao•Awsne L.A. • .wry.wry one a am....n. 80097252C9F30015 ()RAS ROII Go paperiess fray Vest Since 2007 ['MBAR RATED COMMUNICATIONS Nif Tie Genii •ONS• Ver•••••en Compses• •••••••Le ••••••••miRA ran SOC Wed. SOUTHERN FINANCIAL LLC AlbOtst t.Ortivtltv EXCELLENCE EFTA01119323 Transactions by Type of Activity (continued) Process/ Trade/ Settlement Transaction Date Date Activ T e Desai tNn 0uant Price Accrued Interest Amount Curt Dividends and Interest (continued) 08/15/14 BOND INTEREST RECEIVED 1440000 SERVICEMASTER CO SR NT - CUSIP FULLY 57,600.00 USD 81760NAN9 EXCHANGED FROM OLD CUSIP 81760NAL3 8.000% 02/15/20 B/E OTO 02/13/12 CLB RD 07/31 PD 08/15/14 08/25/14 BOND INTEREST RECEIVED 4500000 COUNTRYWIDE HOME LOANS SER 03-1 CL B1 5,099.04 USD 12669DYS1 4.090%03/25/33 B/E DTD 01/30/03 RD 07/31 PD 08/25/14 08/25/14 BOND INTEREST RECEIVED 1290000 WASHINGTON MUT MTG SECS CORP 2004-RA2 4,34522 USD 939336S20 MTG PASSTHRU CTF CL C-B-1 VAR RATE 6.972%07/25/33 B/E DTD 06/01/04 RD 07/31 PD 08/25/14 08/29/14 MONEY MARKET FUND DWS GOVT CASH INSTL 815.62 USD INCOME RECEIVED 23399%82 Total Dividends and Interest - UNITED STATES DOLLAR 0.00 318,571.17 Distributions 08/05/14 SECURITY REDEEMED SG STRUCTURED PRODS INC COMMODITY LKD MKT PLUS -2,000,000.000 2260,000.00 USD 7847WHS6 PROTECTED NOTES 0.000% 08/05/14 B/E DTD 07/30/13 ACCOUNT REDEMPTION 08/25/14 RETURN OF PRINCIPAL 4500000 COUNTRYWIDE HOME LOANS SER 03-1 CI. B1 20,968.61 USD RECEIVED 4.090%03/25/33 B/E DTD 01/30/03 RD 07/31 PD 08/25/14 12669DYS1 08/25/14 RETURN OF PRINCIPAL 1290000 WASHINGTON MUT MTG SECS CORP 2004-RA2 206.05 USD RECEIVED MTG PASSTHRU CTF CL C-B-1 VAR RATE 6.972%07/25/33 939336S20 B/E DTD 06/01/04 RD 07/31 PD 08/25/14 080114 PARTNERSHIP DISTRIBUTION 263157 SHRS APOLLO GLOBAL MGMT LLC CL A SHS RD 121,052.22 USD APO 08/22 PD 08/29/14 080114 SECURITY REDEEMED HSBC USA INC MEDIUM TERM NTS BUFFERED NOTES LKD -2,000,000.000 2,313,462.05 USD 40432XFP1 TO EURO STOU 50 0.000%08/29/14 B/E DTD 05/30/13 ACCOUNT REDEMPTION Total Distributions - UNITED STATES DOLLAR 0.00 4,655,688.93 Cash Withdrawals and Deposits 08/14/14 FEDERAL FUNDS SENT DEUTSCHE BANK TRUST -273,000.00 USD USD999997 Total Cash Withdrawals and Deposits - UNITED STATES DOLLAR 0.00 -273,000.00 Money Market Funds 08/01/14 MONEY FUND PURCHASE DWS GOVT CASH INSTL -5.801.20 USD USD999997 08/05/14 MONEY FUND PURCHASE DWS GOVT CASH INSTL -2,093,750.00 USD USD999997 Page 16 of 20 01••••• One Peens LW. • ISM. OM. euta•IMV 110097252CSF30015 OBAS.ROll Go paperless tr—y".”211::• 2007 OALEtAR RATED COMMUNICATIONS Of Tie Genii ei Ss 'Sr% Saw C••••••lianIOW Won SWIM.U.C. rawer MS, Wit VC SOUTHERN FINANCIAL LLC AM mon ealintlet EXCELLENCE EFTA01119324 Devitt, Sri. Fermin Ihilth DA. nye,. manes (NeapCNN. oNtww sex Leos an( IN Mat vett Cam PO Ba 1778. Mow* MD 21233 10 Pei MdfOut 2610 OW It,. Veit FOr 101..4 I>DI aH.>EN.OSS)>LE 409$ Statement Period: 08/01/2014 - 08/31/2014 Transactions by Type of Activity (continued) Process/ Trade/ Settlement Transaction Date Date Act T e DesaI Lion 0uant Price Accrued Interest Amount Curt Money Market Funds (continued) 06:06/14 MONEY FUND PURCHASE DWS GOVT CASH INSTL -261,889.92 USD USD999997 08:0814 MONEY FUND REDEMPTION DWS GOVT CASH INSTL 534,873.02 USD USD999997 08/12/14 MONEY FUND PURCHASE DWS GOVT CASH INSTL -82,091.18 USD USD999997 08/14/14 MONEY FUND REDEMPTION DWS GOVT CASH INSTL 266,420.00 USD USD999997 0811814 MONEY FUND PURCHASE DWS GOVT CASH INSTL -165,481.29 USD USD999997 08/1914 MONEY FUND PURCHASE DWS GOVT CASH INSTL -82,431.92 USD USD999997 08:22/14 MONEY FUND PURCHASE DWS GOVT CASH INSTL -83,418.63 USD USD999997 08:2614 MONEY FUND PURCHASE DWS GOVT CASH INSTL -30,618.92 USD USD999997 08:2914 MONEY FUND PURCHASE DWS GOVT CASH INSTL -86,404.83 USD USD999997 08/2914 MONEY MARKET FUND DWS GOVT CASH INSTL INCOME REINVESTED -815.62 USD REINVESTMENT 233993682 Total Money Market Funds - UNITED STATES DOLLAR 0.00 -2,091,410.49 Total Value of Transactions 0.00 2,428,713.07 USD The price and quantity displayed may have been rounded. Pepe 17 o120 R•1•0 ExcelleM away arse Away a • wieldy end etaiaSI 800972S2C3P30015 00A5.R01.1. Go paperless (veryYearSind 2007 OAISAR RATED COMMUNICATIONS Saw Comma MN Sere Peas u.C. aver naPak Wet WC SOUTHERN FINANCIAL LLC AMC AIIIIWMOIMPAXY EXCELLENCE EFTA01119325 Bond Maturity Schedule Bond Maturity Market Yak* % of Bond Market Yalue 1 to 6 months 1,050,400.00 4% n Percentages of bond market values are 1 to 5 years 4,402,500.00 16% rounded to the nearest whole percentage. M 6 to 10 years 6,895,650.00 25% n Over 10 years 14.965.231.89 55% IMI Total 27,313,78129 100% Bond Quality Bond Wallis Merkel VA* %of Bond Merket Value BM 5,620,000.00 21% Percentages of bond market values are BA/Lower 19,744,214.20 72% rounded to the nearest whole percentage. Not Rated Total 1,949,567.69 27,313,781.89 7% 100% • Client Service Information Your Client Advisor: TDS Contact Information TAZIA SMITH Telephone Number: (212) 454-2889 345 PARK AVENUE 14TH FLOOR NEW YORK NY 10154 Your Account Information Tax Lot Default Disposition Method Default Method for Mutual Funds: FIRST IN FIRST OUT Default Method for Stocks in a Dividend Reinvestment Plan: FIRST IN FIRST OUT Default Method for all Other Securities: FIRST IN FIRST OUT Electronic Delivery You have not selected any account communications for electronic delivery. To register and turn off paper communications. log in to your account or contact your Client Advisor fa more information. Important Information and Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis. including short positions, at the close of the statement period. The market prices have been obtained from sources which we believe to be reliable. Pershing may not use the closing price of the particular exchange or marketplace where your position was purchased as the 'Market Price.' Securities for which a price is not available are marked '"WA'" and are omitted from the Total. THE AS OF PRICE DATE ONLY APPEARS WHEN THE PRICE DATE DOES NOT EQUAL THE STATEMENT DATE. Estimated Annual Figures The estimated annual income (EAI) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results. Page 18 of 20 Rated O100.10.0Watil•InSmitte • ••••••.. end eultaalef 110097252CSF30015 OBA8.ROV. Go paperless (t ) OALLIAR t—v,•E«-mtelleal s.--2007 RATED COMMUNICATIONS ▪ Tin Shwa gnaw". Was. OnPNISI (SC. mos. els MSC SSC &ISA SOUTHERN FINANCIAL LLC AMC *SCUT 114:41IVIRY EXCELLENCE EFTA01119326 duher lam ins. Wrath lillinarneal Wen Coonte 070 07.0ffie Bank Sent.Lninc We let OM* PO Ea 1776. BLIterceo NO 21233 345 Pot Attow.260.lbw Pin Writ. MI 10.14 1712145428$1.0SSMS4095 Statement Period: 08/01/2014 - 08/31/2014 Important Information and Disclosures (continued) Estimated Annual Roes (continued) These hgJres are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making investment, trading. or tax decisions. These figures assume that the position quantities. interest and dividend rates, and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to vivisv.pershing.comibusiness_confinuity.html for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Rebeestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your agent and receives payment for order flow. OPtions Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Foreign Comity Transactions Pershing may execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. RSngs This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted without prior !mitten authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard & Poor's is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities; and do not address suitability for investment purpose. Credit ratings should not be relied upon as investment advice. Bond Malay Schedub Bonds that are in default are not included. Bond Quality Bond quality ratings reflect Moodys or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portia() Holdings section. Page 19 of 20 46) . Rated Emallent Go paperless 01•0000 0 ,10.40 li1/4 •••••MI WC • %MO/ IMMO INIINISIOV 800972S2C3P30015 Every Vomit Since 2007 Tie ISM Of MAW VW% Mae" Cogger...1km IOW SIM. DRAB ROIL OALEAR RATED COMMUMCATiONS Penny. tLe mare. man Hai VC SOUTHERN FINANCIAL LLC AIN MOUT t.OttiViRr EXCELLENCE EFTA01119327 Important Information and Disclosures (continued) The Role of Pershing • Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution wittiout inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that it receives as the result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the acceptance and, in certain instances, execution of securities orders; the assessment of the suitabeity of those transactions, where applicable: the rendering of investment advice, if any. to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at (201) 413-3333. All other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement. • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPC'). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: vivnv.pershing.comistrength_stabilitii.html. • This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading), to your financial organization and Pershing, within ten days after receipt of this statement. Please be advised that any oral commurtication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act. • Your financial organization's contact information can be found on the first page of this statement. Pershing's contact information is as follows: Pershing LLC; Legal Department; One Pershing Plaza; Jersey City, New Jersey 07399; (201) 413.3330. Errors and Omissions excepted. Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed. • Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award is very limited. • The ability of the parties to obtain documents, witness statements and other discovery is generally more limited in arbitration than in court proceedings. • The arbitrators do not have to explain the reason(s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affilated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court. • The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement. Important Arbitration Agreement Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until: (I) the class certification is denied; (II) the class is decertified; or (III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LLC; Legal Department; One Pershing Plaza; Jersey City, New Jersey 07399; (201) 413-3330. Page 20 of 20 Rated EPN*2774 Olosone wawa /wain. 1.1.0. • — snood oultaailef 110097252CSF30015 DBALR011 Go paperless (wry Year Uwe 2007 GALENA RATED COMMUNICATIONS el TR/Omni ef Asa, YgrliA•Ose Cnipallan IMY SONO tic. emitsIS Milt SSC SOUTHERN FINANCIAL LLC AS IC MOOT evOnsWXY EXCELLENCE EFTA01119328