Charles B. Kornmann

farm land, Hamlin County, SD — Rent

43.84% interest, partner, Ivey & Kornmann — Distribution

43.84% interest, partner, Ivey & Kommann — istnibution

SD Retirement System, monthly benefits — Distribution

AMG Managers Invesment Group, f/k/a Brandywine Fund — Int/Div

Oakmark Select Shares — Int/Div

Masters Select Equity Fund Shares — Int/Div

Vanguard 500 Index Fund (Ivey & Kommanm — Int/Div

Vanguard REIT Fund (Ivey & Kommann) — Int/Div

Judgment vs. Bill Welk (Ivey & Kornmann) — None

Eaton Vance Tax Global Buy Write Fund {Ivey & Kommann) — Int/Div

Ft Spec Fin & Finl Oppty, Ivey & Kommann — Int/Div

Healthcare Plus Federal Credit Union — Interest

Healthcare Plus Federal Credit Union, Ivey & Kommann — Interest

Twi Homes, Aberdeen, Brown County, SD — Rent

Wells Fargo Advantage Global (Ivey & Kommann) — Int/Div

Europacific Growth FD — Int/Div

IS. — Distribution

Europacific Growth FD — Int/Div

WN. — Distribution

Artisan Partners FDS — Distribution — Sold (part)

Artisan Partners FDS — Sold (part)

Artisan Partners FDS — istmbution — Sold (part)

Artisan Partners FDS — Sold (part)

Gabelli Equity Series FD — Distribution

26 — Int/Div

Gabelli Equity Series FD — Int/Div

28 — istmbution

Goldman Sachs Tr. Finl May Mkt — None

Goldman Sachs Tr. Finl May Mkt — None

Growth Fund Amer — Int/Div

12 — Distribution

12 — Sold (part)

12 — Sold (part)

Growth Fund Amer — Int/Div

RI — Distribution

RI — Sold (part)

RI — Sold (part)

RI — Sold (part)

Harbor Fund Cap — Int/Div

41 — istnbution

41 — Sold (part)

Harbor Fund Cap — Int/Div

a4 — Distribution

a4 — Sold (part)

Hartford Mut FDS Inc — Distribution — Sold (part)

Hartford Mut FDS Inc — Distribution — Sold (part)

Investment Co. Amer — Int/Div

49 — Distribution

Investment Co. Amer — Int/Div — Sold (part)

51 — Distribution

Amencan FDS Inc. New World — Int/Div

53 — Distribution

53 — Sold (part)

American FDS Inc. New World — Int/Div

Sh — istrnibution

Sh — Sold (part)

Pimco FDS Pac Invt — Int/Div

Pimco FDS Pac Invt — Int/Div

Oppenheimer Dev. Mkts — Int/Div

Oppenheimer Dev. Mkts — Sold (part)

Oppenheimer Dev. Mkts — Int/Div

Oppenheimer Dev. Mkts — Sold (part)

T Rowe Price Real Est. Fund Inc — Int/Div

6s — Distribution

T Rowe Price Real Est. Fund Inc — Int/Div

67 — Distribution

T Rowe Price MD-CP Val — Int/Div — Sold (part)

T Rowe Price MD-CP Val — Distribution — Sold (part)

T Rowe Price MD-CP Val — Int/Div

T Rowe Price MD-CP Val — Distribution — Sold (part)

Small Cap World Fund Inc. — istmbution — Sold (part)

Small Cap World Fund Inc — Distribution — Sold (part)

Wash: Mut. Investors Fund — Int/Div

Wash: Mut. Investors Fund — Distribution — Sold (part)

Wash: Mut. Investors Fund — Sold (part)

Wash. Mut. Investors Fund — Int/Div — Sold (part)

Wash. Mut. Investors Fund — Iistnbution — Sold (part)

Invesco Comstock Fund — Int/Div

R00 — istnbution

Invesco Comstock Fund — Int/Div

82 — istmbution

JP Morgan Large Cap — Distribution

JP Morgan Large Cap — Sold (part)

JP Morgan Large Cap — istmbution

JP Morgan Large Cap — Sold (part)

Deutsche Bank Global Real Estate Fd — Int/Div

8 — Distribution

Dautsche Bank Global Real Estate Fd — Int/Div

EY) — istmbution

Deutsche Bank Enhanced Comm Fd — Int/Div

Deutsche Bank Enhanced Comm Fd — Int/Div

Bond Fund of America F-2 — Int/Div

Bond Fund of America F-2 — Int/Div

JP Morgan High Yield Fund — Int/Div

JP Morgan High Yield Fund — Int/Div — Sold (part)

Russell Invt Co. Commodity Strategies — Int/Div — Buy (add'l)

Russell Emerging Mkts. CIS — Int/Div

Russell Emerging Mkts. CIS — Distribution — Buy (add'l)

Russell Emerging Mkts. CIS — Buy (add'l)

Russell Intl. Devel PD Mkts FD Class S — Int/Div

Russell Intl. Devel PD Mkts FD Class S — Distribution — Buy (add'l)

Russell Invt Co. Multi-Strategy — Int/Div — Buy (add'l)

Russell Invt Co. Multi-Strategy — Distribution — Buy (add'l)

Russell Invt Co. Multi-Strategy — Buy (add'l)

Russell Invt Co. Multi-Strategy — Buy (add'l)

Russell US Small Cap — Int/Div

Russell US Small Cap — Distribution — Buy (add'l)

Russell US Strat Equit — Int/Div — Buy (add'l)

Russell US Strat Equit — Distribution — Buy (add'l)

Russell US Strat Equit — Sold (part)

Russell US Strat Equit — Buy (add'l)

Russell US Strat Equit — Sold (part)

Russell US Strat Equit — Buy (add'l)

Russell Inve. Co. Global Infrastructure Fund — Int/Div — Buy (add'l)

Russell Inve. Co. Global Infrastructure Fund — Distribution — Buy (add'l)

Russell Inve. Co. Global Infrastructure Fund — Buy (add'l)

Russell Inve. Co. Global Infrastructure Fund — Buy (add'l)

Jefferson City Retirement, LLC (Ivey & Kommann) — Distribution

Chevenne Retirement, LLC — Distribution

Mishawaka/South Bend Retirement, LLC (Primrose) — None

Debt from Driver Properties LLC — None — Closed — Properties, LLC

Debt from Bill Welk (Ivey & Kormmann) — None

Nuveen S & P Buy-Write Fund (Ivey & Kommanm — Int/Div

Newburgh/Evanstone ( Primrose) — None

C.D. Capital One — Interest

Goldman Sachs Treasury Instr (Money Mkt) — Int/Div

Goldman Sachs Treasury Instr (Money Mkt) — Sold (part)

Goldman Sachs Treasury Instr (Money Mkt) — Sold (part)

Goldman Sachs Treasury Instr (Money Mkt) — Sold (part)

Primrose, Appleton, Wis — None

Primrose. Midland, MI — None

Capital One money market — Interest

General partner, Ivey and Kommann, 4 partnership

Agreement — 1:97 — Articles of Partnership, Ivey & Kornmann

VIL INVESTMENTS AND TRUSTS (Contd.)

Line 1, this lund is leased on a cash rent basis to Lakness Farms of Hayti, S.D.

Lines 2 and 3, this partnership owns 2 apartment houses, one in Brown County, S.D., and one in Spink County, 8.D.. Liquid investments of the partnership and

income therefrom are reported in Part VIL All interests in the partnership are owned by immediate family members,

Line §, this mutual fund is owned by & revocable trust, the trustees being the reporting party JIN - This is true also of all other mutual funds listed in Part

VII, other than funds owned by Ivey and Kornmann which funds are so designated in Part VIL

Brandywine Fund, Inc. changed its name to AMG Managers

Investment Group but nothing has changed as to this investment.

Line 10, this describes the judgment obtained by Ivey and Kornmann vs, Bill Welk as damages for him taking our Mexican condominium in violation of contract,

The judgment was obtained on 9-15-17 as previously described in the financial report. The judgment is unsatisfied but is a lien against real estate of Mr. Welk in

Brown County, S.D. Post judgment interest is accruing at 10% per year from the date of the judgment. The annual interest rule applies.

Line 13, this is money invested in Healthcare Plus Federal Credit Union of Aberdeen, S.D. by the reporting party [EN .

Line 14, this is money invested in Healthcare Plus Federal Credit Union of Aberdeen, S.D. by Ivey and Kommann partnership,

Line 15, this asset is a real estate investment (Twin homes) in Aberdeen, S.D.

Line 29, this asset was sold in full in 2017 but the last entry was erroneously reported as a partial sale. Thus, this asset, while shown, was not owned in 2018, The

asset shown at Line 127 has continued to be owned,

Line 30, this asset was sold in full in 2017 but the last entry was erroneously reported as a partial sule. Thus, this asset, while shown, was not owned in 2018. The

usset shown at Line 127 has continued to be owned,

Line 119, this is a limited partnership interest in a partnership called Primrose that owns an assisted care living center in Jefferson City, MO. The owner of the

limited parmership interest is Ivey and Kornmann partnership.

Line 120, this is a limited partnership interest in a Primrose partnership that owns an assisted care living center in Cheyenne WY.

Line 121, this is 4 limited partnership interest in a Primrose partnership that owns an assisted care living center near South Bend, IN, The sctuul name is not

"South Bend” but is "Mishawaka/South Bend Primrose, LLC" and that clarification is made.

Line 122, this was a debt from a limited liability corporation that owns rental housing in Minneapolis, MN. The LLC is owned by two sons-in-law, The full

amount of the note due was paid prior to 2018 and no income was eared in 2018. The note is also cancelled.

Line 123, this was a demand promissory note that became due on demand m 2014. A final judgment was obtrained by Ivey and Kornmann vs. Bill Welk on

4-19-18 in the amount of $40,359.45. Inteerst runs at 10% per annum from the daste of the judgment. The annual interest rule applies. Nothing has been paid or

collected. although the judgment is a lien against Mr. Welk's real estate in Brown County, South Dakota.

Line 125, this is 4 limited partneship interest in a Primrose parmership that owns an assisted care living center near Evanston, Indiana.

Line 126, this is a certificate of deposit w/ Capital One

Line 131, this is a limited partnership interest in a Primrose partnership that owns an assisted care living center in Appleton, Wisconsin,

Line 132, this is a limited partnership interest in a Primrose partnership that owns an assisted care living certer in Midland, M1

Line 133, this is a "360 money market account” with Capital One.

Where distributions are shown as to the stock market investments, the transaction was a capital gain distribution, There is no “code” for that other than the general

description (distribution). All such gains and all such dividends were reinvested in the asset and are part of the total value shown at the end of the reporting period

for euch such asset.