Robert E. Cowen

Artio Intl. Equity FD (Mutual Fund) — Int/Div

Bristol Meyers Squibb (Common Stock) — Int/Div

Chevron Texaco Corp. (Common Stock) — Int/Div

Chevron Corp. (Common Stock) — Int/Div

Cardinal Health Care (Common Stock) — Int/Div

Chubb Corp. (Common Stock) — Int/Div

Cisco Systems (Common Stock) — Int/Div

Colgate Palmolive (Common Stock) — Int/Div

Conoco Phillips (Common Stock) — Int/Div

Deere & Co. (Common Stock) — Int/Div

Ell Intl, Property (Mutual Fund) — Int/Div

EMC Corp. (Common Stock) — Int/Div

Emerson Electric (Common Stock) — Int/Div

ExxonMobil (Common Stock) — Int/Div

FedEx Corp. (Common Stock) — Int/Div

Goldman Sachs Gr. Op. Fd. (Mutual Fund) — None

General Electric (Common Stock) — Int/Div

General Mills — Int/Div

Home Depot (Common Stock) — Int/Div

Real Estate FD now known as VOYA — Int/Div

Intel Corp. (Common Stock) — Int/Div

Intl. Flavors & Fragrances (Common Stock) — Int/Div

Lord Abbett Value Opp. FD — None

Johnson & Johnson (Common Stock) — Int/Div

JP Morgan Chase (Common Stock ) — Int/Div

Kellog (Common Stock) — Int/Div

McDonalds Corp. (Common Stock) — Int/Div

McKesson Corp. (Common Stock) — Int/Div

Microsoft Corp. (Common Stock) — Int/Div

Aberdeen Emerging 30 Mkts FD — Int/Div

Oakmark Intl. FD (Mutual Fund) — Int/Div

Pimco Commodity Real FD — Int/Div

Phillips 66 PSX (Common Stock) — Int/Div

PNC Fmancial Serv. Group — Int/Div

Public Service Enterprise Group Inc (Common Stock) — Int/Div

Oppenheimer Developing Mrkts FD — None

Ridgeworth FD-Midcap — None

Rovce Value FD — Int/Div

Merger FD SH BEN INT — Int/Div

Target Corp. (Common Stock) — Int/Div

Apple (Common Stock) — Int/Div

Abbvie Inc. (Common Stock) — Int/Div

United Technologies (Common Stock) — Int/Div

Abbot Labs (Common Stock) — Int/Div

AT & T (Common Stock) — Int/Div

Viacom Inc. (Common Stock) — Int/Div

Coca Cola (Common Stock) — Int/Div — Sold

Excelon Corp. (Common Stock) — Int/Div — Sold

Wells Fargo Adv. Emerging FD — Int/Div

Wells Fargo Adv. Asset All. FD — Int/Div

Trust #1 — Int/Div

Eaton-Vance Global Macro — Int/Div

Eaton-Vance Tax Free (Municipal Fund) — Interest

Eaton-Vance Tax Free (Municipal Fund) — Interest

IShares ETF S & P Small Capp 600 Growth — Int/Div

IShares EFT S & P Small Cap 600 Value — Int/Div

Shares EFT S & P Mid-Cap 400 Value — Int/Div

IShares EFT S & P Mid-Cap 400 Growth — Int/Div

IShares EFI S & P 500 Value — Int/Div

IShares EFI S & P 500 Growth — Int/Div

PowerShares DB ETF Commodity Index — None

Vanguard Intl. Equity ETF — Int/Div

Vanguard REIT ETF — Int/Div

Vanguard FTSE Developed Mkis ETFiomitted last vr, see note) — Int/Div — Buy

Mermill-Lynch Capital Trust (Preferred Stock) — Interest

NJ. Healthcare Fac. 7-01-19 — Interest

NJ. Educational Fac. 7-01-34 — Interest

Orlando, FL Cap. Impt — Interest

Real Estate FD now known as VOYA — Int/Div

Port Auth. NY & NJ 7-15-26 — Interest — Redeemed

NJ. State Higher Ed. 6-01-30 — Interest

Antelope Valley — Interest

Antelope Valley — Interest

Clark City, NE School Dist. — Interest

Lancaster. CA School District — Interest

Cumberland Cty Gen. lmpt G/O — Interest

Oregon St. Dept. Admin — Interest — Sold (part)

Passaic Cty NJ. College 11-01-19 — Interest

Rogers, AK School District — Interest — Redeemed

Mass. Hsg Fin Agy — Interest

Cleveland. OH Airport — Interest

Essex Cry Impt Auth — Interest

King Cnty Washington Sewer Rev — Interest

Hawaii St. Hsg. Fin. & Dev — Interest

Mainstay Cushing Royalty — None — Buy

Oppenhemmer Equity Income FD — Int/Div

Oppenheimer Steelpath Alpha — Int/Div — Buy

Wells Fargo Municipal Bond Fund CL B — Interest

Wells Fargo Municipal Bond CL A — Interest

Wells Fargo Muni Bond CL € — Interest

America Funds Tax Exempt Bond Fd. CL C — Interest

Delaware Small Cap Core FD — None — Buy

New World Fund CLC — None — Buy

Columbia Emerging Market Bond FD CLC — Int/Div — Buy

Monroe Twp., NJ RFDG GO — Interest — Buy

Certificate of Deposit- Hudson City Savings Bank — Interest

Certificate of Deposit - Hudson City Savings Bank — Interest

Certificate of Deposit - Hudson City Savings Bank — Interest

Treasury Notes - Various Maturities — Interest

IRA #1 — Int/Div

Investeo Global Real Estate FD — Int/Div

Blair Williams FDs Intemational Growth — Int/Div

Delaware Group Adv. FDs — Int/Div — Sold

Delaware Group Equity FDs — Int/Div

Lazard FDs Emerging Mkts — Int/Div

Morgan Stanley Instl, FD — Int/Div

Mainstay Large Cap Growth — None — Buy

Dreyfus Appreciation FD — Int/Div

First Eagle Sogen Overseas FD — Int/Div

Harbor International — Int/Div

Eagle Small Gap Growth FD — Int/Div

Hotchkiss & Wiley Mid-Cap Val. — Int/Div

John Hancock Classic Value FD — Int/Div

Pimeco Comm. Real Ret. Inst — Int/Div

Oppenheimer Dev. Mkts — Int/Div

NBW Guggenheim Mutal FD {New Name) — Int/Div

Victory Portfolios — Int/Div

Wells Fargo FDS TR Mutual Fund — None

Touchstone Large Cap FD — Int/Div — Sold

Cambiar Opportinity FD — Int/Div

Goldman Sacks Treas. Instr — None — Buy

Managers AMG FD Times Square Mid Cap — None

Keeley FDs Small Cap — Int/Div

Voya Large Cap Growth FD — Int/Div — Buy

Spouse's income — 2014 — State of New Jersey

1. Item 51, by letter dated September 29, 1989, Chairman Pratt, after receiving Judicial Ethics Committee authority advised me that in Section VII | need only

disclose aggregate income and value information for the above-referenced trust,

2. Item 64 wus inadvertently omitted in last year's report. The program will not let me list the 2013 date since it is outside of the reporting period. The date of

purchase was 11/26/13.

3. Item 116 was reported last year as Security Equity FD. It now has a new name: NBW Guggenheim Mutual FD which | have used in this year's report.