Robert N. Armen

Dominion Resources stock — Int/Div — Buy (add'l)

AT&T stock — Int/Div

Marathon Oil Corp. stock — Int/Div

Marathon Petroleum Corp. stock — Int/Div

Glaxo-Smith-Klein stock — Int/Div

Prudential Fmancial Inc. stock — Int/Div

Amencan Electric Power stock — Int/Div

Walt Disney Company stock — Int/Div

Chevron Corporation stock — Int/Div

NRG Energy Inc. stock — Int/Div

Fromtier Communication Inc. stock — Int/Div

PPG Industries Inc. stock — Int/Div

PA Power & Light (PPL Comp.) stock — Int/Div

Merck & Company stock — Int/Div

US. Steel Corp. stock — Int/Div

CenterPoint Energy Inc. stock — Int/Div

Verizon Communications Inc. stock — Int/Div — Buy (add'l)

Comcast Corporation stock — Int/Div

Teco Energy Inc. stock — Int/Div

Exxon-Mobil Corp. stock — Int/Div — Buy

Dreyfus Municipal Bond Fund — Int/Div

Dreyfus Disciplined Stock Fund — Int/Div

Dreyfus GNMA Fund — Int/Div

T. Rowe Price International Stock Fund — Int/Div

T. Rowe Price Capital Appreciation Fund — Int/Div

T. Rowe Price VA Tax-Free Fund — Int/Div — Buy (add'l)

T. Rowe Price VA Tax-Free Fund — Int/Div — Buy (add'l)

Vanguard Prime Money Market Fund — Interest

Vanguard Long-Term Bond Fund — Int/Div — Buy (add'l)

Vanguard Long-Term Bond Fund — Int/Div — Buy (add'l)

Vanguard Intemational Growth Fund — Int/Div

Vanguard Index Fund - Small Cap Portfolio — Int/Div — Buy (add'l)

Third Avenue Value Fund — Int/Div

Mairs & Power Growth Fund — Int/Div

Columbia Value & Restructuring Fund — Int/Div

Columbia Tax-Exempt Fund — Int/Div

DWS Municipal Bond Fund — Int/Div

Delaware Health Care Fund — Int/Div

Fidelity Over-the-Counter Fund — Int/Div

Invesco Corporate Bond Fund — Int/Div

Capital One Bank — Interest

Senate Federal Credit Union — Interest

Bank of Scotland’ Halifax PLC (U XK.) — Interest

LS. Government obligations — Interest

Bank of Lancaster — Interest

Raymond James Bank — Interest

PNC Bank — Interest

Aberdeen Emerging Markets Fund (E11) — Int/Div

Morgan-Stanley Emergmg Markets Fund (MSF) — Int/Div

Vanguard REIT Index Portfolio Fund — Int/Div

Vanguard Dwvidend Growth Fund — Int/Div

Vanguard Equity Income Fund — Int/Div

Vanguard 500 Index Fund — Int/Div

Vanguard Index Trust - European Stock Portfolio Fund — Int/Div

Vanguard Growth & Income Fund — Int/Div

Vanguard Balanced Index Fund — Int/Div

Vanguard GNMA Fund — Int/Div

Vanguard Long-Term Corporate Bond Fund — Int/Div

Vanguard Health Care Fund — Int/Div — Buy (add'l)

Vanguard Health Care Fund — Int/Div — Buy (add'l)

Vanguard Health Care Fund — Int/Div — Buy (add'l)

Vanguard Energy Fund — Int/Div — Buy (add'l)

Vanguard Diversified Equity Fund — Int/Div — Buy

Vanguard Balanced Index Fund — Int/Div — Buy

Vanguard High Dividend Yield Index Fund — Int/Div — Buy

Vanguard Mid-Cap Index Fund — Int/Div — Buy

Hartford Checks & Balances Fund — Int/Div — Sold

Invesco Developing Markets Fund 1GTDDX) — Int/Div

American Select Portfolio Inc. stock — Int/Div — Sold

Diversified Real Asset Inc. stock — Int/Div — Buy

Diversified Real Asset Inc. stock — Int/Div — Sold (part)

Tecumseh Products Company (Class B) stock — Int/Div — Sold (part)

Tecumseh Products Company (Class B) stock — Int/Div — Sold (part)

DSP Group Inc. stock — Int/Div

Goodrich Petroleum Corp. notes — Interest

Digital Generation Inc. stock — Int/Div — Sold

Tetra Mechnologies Inc. stock — Int/Div — Sold

Mercer Intemational Inc. notes — Interest — Redeemed

Clayton Williams Energy Inc. notes — Interest

MVC Capital Inc. notes — Interest

Resolute Energy Corp. notes — Interest

Cenveo Corporation bonds — Interest — Redeemed

Tower Group Inc. notes — Interest — Matured

Oxlord Lane Capital Corp. stock — Int/Div

BPZ Resources Inc. notes — Interest — Buy

Ultra Petroleum Corp. (Canada) stock — Int/Div — Sold (part)

Ultra Petroleum Corp. (Canada) stock — Int/Div — Sold

Market Vectors Gold Miner ETF TR (GDX) — Int/Div — Buy (add'l)

Sandstorm Metals & Energy Ltd {Canada) stock — Int/Div — Sold

Appe Inc. stock — Int/Div — Sold (part)

Apple Inc. stock — Int/Div — Sold (part)

Apple Inc. stock — Int/Div — Sold (part)

Apple Inc. stock — Int/Div — Buy (add'l)

Tesco PLC Ord stock — Int/Div — Sold

Transcept Pharmaceuticals Inc. stock — Int/Div — Sold

Aeropostale stock — Int/Div

Lai Sun Development Company Ltd stock — Int/Div

Tower Group Intemational Inc. stock — Int/Div — Sold

Randgold Res Ltd ADR (Gold) stock (acquire) — Int/Div — Buy

Randgold Res Ltd ADR (Gold) stock (sell) — Int/Div — Sold

Compuware Corp. stock (acquire) — Int/Div — Buy

Compuware Corp. stock (sell) — Int/Div — Sold

Weight Watchers International Inc. stock (acquire) — Int/Div — Buy

Weight Watchers International Inc. stock (sell) — Int/Div — Sold

Rosetta Stone Inc. stock — Int/Div — Buy

Rosetta Stone Inc. stock — Int/Div — Buy (add'l)

Rosetta Stone Inc. stock — Int/Div — Buy (add'l)

Rosetta Stone Inc. stock — Int/Div — Buy (add'l)

Goodrich Pete Corp. Com NEW stock {cquire) — Int/Div — Buy

Goodrich Pete Corp. Com NEW stock (sell) — Int/Div — Sold

BPZ Resources Inc. stock — Int/Div — Buy

BPZ Resources Inc. stock — Int/Div — Buy (add'l)

Seachange International Inc. stock — Int/Div — Buy

Seachange Intemational Inc. stock — Int/Div — Buy (add'l)

Seachange International Inc. stock — Int/Div — Buy (add'l)

Seachange International Inc. stock — Int/Div — Buy (add'l)

Quantum Corp. Com stock (acquire) — Int/Div — Buy

Quantum Corp. Com stock (sell) — Int/Div — Sold

Sizmek Inc. stock — Int/Div — Buy

Sizmek Inc. stock — Int/Div — Buy (add'l)

Sizmek Inc. stock — Int/Div — Buy (add'l)

Sizmek Inc. stock — Int/Div — Buy (add'l)

Covisint Corp. stock — Int/Div — Buy

Covisint Corp. stock — Int/Div — Buy (add'l)

Athabasca Oil Corp. stock — Int/Div — Buy

WCICMNTYS Com stock — Int/Div — Buy

Enernac Inc. stock — Int/Div — Buy

Enernac Inc. stock — Int/Div — Buy (add'l)

Sandstorm Gold Limited Com NEW stock — Int/Div — Buy

Sandstorm Gold Limited Com NEW stock — Int/Div — Buy (add'l)

QEP Res Inc. stock — Int/Div — Buy

Vanguard Health Care Fund — Int/Div — Buy

Vanguard Long-Term Bond Index Fund — Int/Div — Buy

Vanguard Long-Term Tax-Exempt Fund — Int/Div — Buy

Vanguard Prime Money-Market Fund — Interest — Buy

AT&T stock — Int/Div — Buy

Chevron Corporation. stock — Int/Div — Buy

Dominion Resources stock — Int/Div — Buy

PA Power & Light (PPL Comp.) stock — Int/Div — Buy

Roay! Dutch Shell stock — Int/Div — Buy

Venzon Commumcations Inc. stock — Int/Div — Buy

Co-trustee ( (sce Parts VILL & VIL),

Part 1. "Positions"

Filer is co-trustee of a testamentary trust

Neither co-trustee is compensated and neither his any equitable interest whatsoever (remote, contingent, or otherwise) in the rei Trust assets are all either

shares in mutual funds or stock in Fortune 500 companies, as per lines 132-141 of Part VII of this Report and further explanation below.

Part VII. "Investments and Trusts’

Savings accounts and some mvestments automatically reinvest earnings, adding same to principal. Brokerage-relatacd income is retained and reinvested

Assets in lines 132-141 are assets held by the trust that is referenced above and mn Part | of this report. Money-market fund (line 135) was mitial repository of

funds received from estate JUIN in mid-2014; value of such fund after acquisition of other mutual funds and stocks is now negligible