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 — Sold (part)

Cardinal Health Care (Common Stock) — Int/Div

Chubb Corp. (Common Stock) — Int/Div

Cisco Systems (Common Stock) — Int/Div

Cisco Systems (Common Stock) — Int/Div — Sold (part)

Colgate Palmolive (Common Stock) — Int/Div

Colgate Palmolive (Common Stock) — Int/Div — Sold (part)

Conoco Phillips (Common Stock) — Int/Div

Deere & Co. (Common Stock) — Int/Div

Deere & Co. (Common Stock) — Int/Div — Sold (part)

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

FedEx Corp. (Common Stock) — Int/Div — Sold (part)

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

General Electric (Common Stock) — Int/Div

General Electric (Common Stock) — Int/Div — Sold (part)

General Mills — Int/Div

Home Depot (Common Stock) — Int/Div

ING Real Estate FD — 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

Johnson (Common Stock) — Int/Div — Sold (part)

JP Morgan Chase {Common Stock) — Int/Div

JP Morgan Chase {Common Stock) — Int/Div — Sold (part)

Kellog (Common Stock) — Int/Div

McDonalds Corp. (Common Stock) — Int/Div

McDonalds Corp. (Common Stock) — Int/Div — Sold (part)

McKesson Corp. {Common Stock) — Int/Div

Microsoft Corp. (Common Stock) — Int/Div

Microsoft Corp. (Common Stock) — Int/Div — Sold (part)

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

Royce 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 — from line 53)

United Technologies (Common Stock) — Int/Div

Abbot Labs (Common Stock) — Int/Div

AT & T (Common Stock) — Int/Div — Buy

Viacom Inc. (Common Stock) — Int/Div

Coca Cola (Common Stock) — Int/Div

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

Wells Fargo Adv. Emerging FD — Int/Div

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

Trust #1 — Int

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 — Buy

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

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

IShares EF 1S & P Mid-Cap 400 Growth — Int/Div — Buy

IShares EF 1 S & P 500 Value — Int/Div — Buy

IShares EFI S & P 500 Growth — Int/Div — Buy

PowerShares DB ETF Commodity Index — None — Buy

Vanguard Intl. Equity ETF — Int/Div — Buy

Vanguard REIT ETF — 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 — Buy

ING Real Estate FD — Int/Div — Buy

Port Auth. NY & NJ 7-15-26 — Interest

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 — Buy

Cumberland Cry Gen, limpt GO — Interest

Oregon St. Dept. Admin — Interest

Lee Cty FL — Interest — Redeemed

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

Rogers, AK School District — Interest

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

Black Rock Muni Holdings NJ — Interest — Sold

Oppenheimer Ltd Term CL B — Interest — Sold

Oppenheimer Ltd Term CL B — Interest — Sold

Oppenheimer NJ Mum Fd. CL A — Interest — Sold

Oppenheimer Equity Income FD — Int/Div — Buy

Oppenheimer NJ FD CL A — Interest — Sold

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

Certificate of Deposit - Wells Fargo — Interest — Redeemed

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

Investco Global Real Estate FD — Int/Div

Blair Williams FDs International Growth — Int/Div

Delaware Group Adv. FDs — Int/Div

Delaware Group Equity FDs — Int/Div

Lazard FDs Emergmg Mk1s — Int/Div — Buy

Morgan Stanley Instl. FD — Int/Div

DWS Dreman Small Cap FD — Int/Div — Sold

Dreyfus Appreciation FD — Int/Div

First Eagle Sogen Overseas FD — Int/Div

Harbor International — hy

Eagle Small Gap Growth FD — Int/Div

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

John Hancock Classic Value FD — Int/Div

Pimco Comm. Real Ret. Inst — Int/Div

Oppenheimer Dev. Mkts — Int/Div

RS Investment FDS - Emerging Market CL Ad — Int/Div — Sold

Security Equity FD — Int/Div

Victory Portfolios — Int/Div — Buy

Wells Fargo FDS TR Mutual Fund — None

Touchstone Large Cap FD — Int/Div

Cambiar Opportinity FD — Int/Div

Goldman Sacks — None — Sold

Artio Intl. — Int/Div — Sold

Managers ANG FD Times Square Mid Cap — None

Keeley FDs Small Cap — Int/Div

Spouse's income — 2013 — State of New Jersey

1. Item 60, 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 101 combines Ttems 81 and 82 in last year's report since they are the sume investment purchased at different times,

3. Item 103 combines items 84 and 85 in last year's report since they are the same investment purchased at different times.

4. Item 110 has simplified its name and is now just "Investco”,