George A. O'Toole jr

Same — Int/Div

3M Company common — Int/Div — note 2 m Part VIL

Same — Int/Div

Same — Int/Div

Absolute Strategies Fund — Int/Div

Same — Int/Div

Same — Int/Div

Allianz NF) Intl Value Fund — Int/Div

Same — Int/Div

Same — Int/Div

Apache Corp. common — Int/Div

Same — Int/Div

Same — Int/Div — Sold (part)

Apple common — None

Bank of America deposit accounts — Interest

BHP Billiton ADR — Int/Div

Same — Int/Div

Same — Int/Div

BMC Software common — None

CF Industries common — Int/Div

CVS Caremark common — Int/Div

Same — Int/Div

Dentsply Int common — Int/Div

Diageo ADR — Int/Div

Dreyfus Instl. Cash Mgmt Fund — Interest

Same — Interest

Same — Interest

Enterprise Bank & Trust Co. common — Int/Div

Same — Int/Div

EQT Corp. common — Int/Div

Equity Residential SBI — Int/Div

Same — Int/Div

Same — Int/Div

Exelon Corp. common — Int/Div — Sold

Same — Int/Div — Sold

Expeditors Int'l of Washington common — Int/Div

Express Scripts common — None — Buy

Exxon Mobile common — Int/Div

Fidelity Inst Money Market fund — Interest

Same — Interest

Franklin Intl Small Cap Growth Fund — Int/Div

Same — Int/Div

Same — Int/Div

Fromtegra Netols Small Cap Value Fund — None

Same — None

General Dynamics common — Int/Div

Nimois Tool Works common — Int/Div

IBM common — Int/Div

iShares Barclays 1-3 yr Treas Bond Fund — Int/Div

Same — Int/Div — Sold

iShares Barclays 1-3 yr Credit Bond Fund — Int/Div

Same — Int/Div

iShares Nasdaq Biotech Fund — Int/Div

Same — Int/Div

Johnson & Johnson common — Int/Div

JP Morgan Research Mkt. Neutral fund — None

Manulife Financial common — Int/Div

Matthews Asian Growth fund — Int/Div

Matthews Pacific Tiger fund — Int/Div

Same — Distribution

Merger Fund — Int/Div — Buy (add'l)

Same — Int/Div — Buy (add'l)

Same — Int/Div

Mettler-Toledo Intl. common — None

Microsoft common — Int/Div

Same — Int/Div

Novartis AG spnsrd ADR — Int/Div

Same — Int/Div

Occidental Petroleum — Int/Div

Pepsico common — Int/Div

PIMCO 1-5 vr US TIPS index fund — Int/Div — Sold

Same — Int/Div — Sold

Same — Int/Div — Sold

Praxair. Inc. common — Int/Div

Same — Int/Div

Princeton Futures Strategy Fund — None — Buy

Procter & Gamble common — Int/Div

Same — Int/Div

Raytheon common — Int/Div — Sold (part)

Raytheon common — Sold (part)

Raytheon common — Sold (part)

Raytheon options — None

Raytheon Savings and Investment Plan — Int/Div

Raytheon Stock Fund

Real Estate Securities Fund

NT Aggregate Bond Index Fund — Part VILL note 3

PIMCO Total Return Inst

Fidelity Inst Money Mkt

Regency Centers — Int/Div — Sold

Roval Dutch Shell ple spusrd ADR — Int/Div

Sempra Energy common — Int/Div

Same — Int/Div

Same — Int/Div

SPDR Gold Trust — None

Same — None

Stericyele, Inc. common — None

Same — None

Same — None

Templeton Global Bond Fund — Int/Div

Same — Int/Div

Same — Int/Div

Teva Pharmaceuticals ADR — Int/Div — Sold

Same — Int/Div — Sold (part)

Thermo Fisher common — None

Same — None

Thomas White Int] Fund — None

Same — None

Thomburg Intl Value Fund — Int/Div

Same — Int/Div

Same — Int/Div

Tortoise Energy Infrastructure Corp. — Int/Div

Same — Int/Div

Same — Int/Div

Tortoise MLP Fund — Int/Div — Buy

Tortoise MLP Fund — Int/Div — Buy

Tortoise MLP Fund — Int/Div — Buy

Vanguard Emergimg Mkts, Index Fund — None

Same — None

Same — None

Vanguard GNMA Fund — Int/Div

Same — Int/Div

Vanguard Ltd Term Tax Exempt Fund — Int/Div — Buy

Vanguard Short-Term Inv Grade Fund — Int/Div

Same — Int/Div

Same — Int/Div

Verizon Communications common — Int/Div

Same — Int/Div

Wal-Mart common — Int/Div

Walthausen Small Cap Value — None

Same — None

Wisdomtree Int] Real Estate Index ETF — Int/Div — Buy

Wisdomtree Int] Real Estate Index ETF — Sold

Same — Int/Div — Buy

Same — Sold

Spouse's income — 2011 — Enterprise Bank, Lowell MA (director's fees)

Spouse's income — 2011 — Raytheon Company (employment income)

1. The trust identified m Part | is a

trust. All the assets held in the trust are reported individually in Part VII but are not specifically identified in that Part to

the trust,

2. General comment regarding reporting in Part VII: As in past years, most of the assets reported are held in three separate accounts managed by an investment

adviser. For convenience in tracking year-to-year changes, the assets are reported by reference to the separate accounts, resulting in some cases (as in lines 1-3, for

example) in multiple reports for the sume identified asset. The designation "Same" is used to indicate a separate account. If there were multiple transactions within

the sume account during the year, the designation "Sume” is used for the first, but not subsequent transactions within that account,

3. Funds held in the BGI US Debt Index Fund were transferred to the Northern Trust Aggregate Bond Fund on 08/31/11,