EFTA01467202.pdf

Account Number: Statement Period: 01/01/2014 - 01/31/2014 SOUTHERN FINANCIAL LLC 6100 RED HOOK QUARTER B3 ST THOMAS VI 00802 Valuation at a Glance Beginning Account Value Net Cash Deposits and Withdrawals Adjusted Previous Account Value Dividends, Interest and Other Income Net Other Activity Net Change in Portfolio Your Client Advisor: TAZIA SMITH Commission Amount: $5,684.46 Ending Account Value Estimated Annual Income This Period $90,573,050.28 -109,995.00 90,463,055.28 38,807.19 -18.00 501,761.99 $91,003,606.46 $3,709,636.95 Year-to-Date $90,573,050.28 -109,995.00 90,463,055.28 38,807.19 -18.00 501,761.99 $91,003,606.46 Asset Allocation USD Cash, Money Funds, and Bank Depositsl USD Fixed Income Non-USD Fixed Income USD Equities Non-USD Equities Non-USD Cash, Money Funds, and Bank Deposits Other Account Total (Pie Chart) Prior Year-End 18,295,949.71 27,736,972.38 10,227,309.46 30,410,519.65 3,137,192.74 EFTA01467202 402,106.34 363,000.00 $90,573,050.28 1 The Bank Deposits in your account are FDIC insured bank deposits. Last Period 18,295,949.71 27,736,972.38 10,227,309.46 30,410,519.65 3,137,192.74 402,106.34 363,000.00 $90,573,050.28 FDIC insured bank deposits are not securities and are not covered by the Securities Investor Protection Corporation (SIPC). These bank deposits are covered by the Federal Deposit Insurance Corporation (FDIC), up to allowable limits. See page 2 of this statement for important information regarding the Asset Allocation section. This Period 21,936,379.16 25,708,949.55 10,201,607.02 29,756,390.18 2,796,600.00 393,526.05 210,154.50 $91,003,606.46 % Allocation 24.10% 28.25% 11.21% 32.71% 3.07% 0.43% 0.23% 100.00% Pie Chart allocation only includes products that are of positive value. Assets of less than 1% of holdings will not display on this pie chart. Page 1 of 23 80100242CSF30016 EFTA01467203 Asset Allocation Disclosure and Footnotes Certain values have been defaulted into the Other Asset Class due to incomplete categorizing data All values are displayed in U.S. dollars based on interbank exchange rates as of 01/31/2014. Exchange rates can vary. Equities contains Equity Mutual Funds. Summary of Gains and Losses Short-Term Gain/Loss Realized This Period Long-Term Gain/Loss Net Gain/Loss This summary excludes transactions where cost basis information is not available. Exchange Rate Table Currency EURO MEXICAN PESO USD Equivalent 1.3484 0.0747 Currency per USD 0.7416 13.3801 Exchange rates are based on interbank exchange rates as of 01/31/2014. Exchange rates can vary. FDIC Insured Bank Deposits Date Activity Type Sweep FDIC Insured Bank Deposits INSURED DEPOSITS PROGRAM Account Number: Opening Balance 01/01/14 01/02/14 01/03/14 01/13/14 01/15/14 01/15/14 01/16/14 Deposit Withdrawal Deposit Deposit Deposit Withdrawal Activity Ending: 01/31/14 DEPOSIT WITHDRAWAL DEPOSIT EFTA01467204 INTEREST CREDITED DEPOSIT APY 0.03% WITHDRAWAL Associated Bank NA A/0 01/16 $250000.00 BB&T A/0 01/16 $250000.00 Bank of America A/0 01/16 $250000.00 Citibank N.A. Page 2 of 23 B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC 18,181,672.33 114,277.38 -18.00 2,216,071.41 470.84 2,149,274.07 -3,684,681.32 18,181,672.33 18,295,949.71 18,295,931.71 20,512,003.12 20,512,473.96 22,661,748.03 18,977,066.71 Global Cash Currency EURO Total Global Cash Balance -155,770.40 -50,544.57 -206,314.97 Year-to-Date -155,770.40 -50,544.57 -206,314.97 Unrealized 1,361,904.52 -3,707,158.03 -2,345,253.51 Closing Balance Amount in 291,846.67 Base Currency USD 393,526.05 $393,526.05 EFTA01467205 Description Amount Balance EFTA01467206 Statement Period: 01/01/2014 - 01/31/2014 FDIC Insured Bank Deposits (continued) Date Activity Type Sweep FDIC Insured Bank Deposits (continued) INSURED DEPOSITS PROGRAM (continued) A/0 01/16 $250000.00 Deutsche Bank A/0 01/16 $16790068. East West Bank 01/23/14 01/24/14 01/28/14 01/29/14 01/31/14 Deposit Withdrawal Deposit Deposit Closing Balance Total FDIC Insured Bank Deposits A/0 01/16 $250000.00 NY Community Bank A/0 01/16 $250000.00 Texas Capital Bank A/0 01/16 $250000.00 TriState Capital Bank A/0 01/16 $186998.58 Union Bank of CA A/0 01/16 $250000.00 DEPOSIT WITHDRAWAL DEPOSIT DEPOSIT Description Amount Balance 93,479.70 -109,995.00 99,559.34 2,868,002.27 19,070,546.41 18,960,551.41 19,060,110.75 21,928,113.02 $21,928,113.02 $21,928,113.02 The FDIC Insured Bank Deposits are not securities and are not covered by the Securities Investor Protection Corporation (SIPC). The Bank Deposits at each bank are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 for each category of legal ownership EFTA01467207 including individual retirement accounts and certain other self directed retirement accounts. Please review this in connection with other deposits you may have at each respective bank. Income and Expense Summary Dividend Income Equities Interest Income Bond Interest FDIC Insured Bank Deposits Total Dividends, Interest, Income and Expenses Current Period Taxable 13,326.14 25,010.21 470.84 $38,807.19 Year-to-Date Non Taxable 0.00 0.00 0.00 $0.00 Taxable 13,326.14 25,010.21 470.84 $38,807.19 Non Taxable 0.00 0.00 0.00 $0.00 Page 3 of 23 B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC EFTA01467208 Income and Expense Summary (continued) Current Period Taxable Distributions Other Distributions Total Distributions Portfolio Holdings U.S. DOLLARS Opening Date Quantity Account Number Cash, Money Funds, and Bank Deposits Cash Balance Margin Balance FDIC Insured Bank Deposits INSURED DEPOSITS PROGRAM 01/01/14 21,928,113.020 Total FDIC Insured Bank Deposits Total Cash, Money Funds, and Bank Deposits Date Acquired Quantity Unit Cost Fixed Income (In Maturity Date Sequence) 6Asset Backed Securities SGLOBAL MTG SECURITIZATION LTD/ GLOBAL MTG SCTZN ISIN#US378961AV83 5.250% 04/25/32 B/E DTD 04/28/05 Moody Rating CAA3 S & P Rating BFactor: 0.36175424 Effective Date:01/02/14 Current Face Value: 2,984,472.480 12/13/13 *,3,12 Total Noncovered Various *,3,12 Total Unallocated Total 3,078,211.000 3,078,211.000 5,171,789.000 5,171,789.000 8,250,000.000 SCOUNTRYWIDE HOME LOANS SER 03-1 CL B1 4.090% 03/25/33 B/E DTD 01/30/03 Factor: 0.26152783 Effective Date:01/02/14 Current Face Value: 1,176,875.235 12/13/13 *,3,12 B0100242CSF30016 91.9900 N/A EFTA01467209 Adjusted Cost Basis 01/31/14 Activity Ending Opening Balance 54,731.58 59,545.80 18,181,672.33 $18,181,672.33 $18,295,949.71 Market Price Closing Balance 8,266.14 0.00 21,928,113.02 $21,928,113.02 $21,936,379.16 Market Value 292.99 $292.99 $292.99 Unrealized Gain/Loss 470.84 $470.84 $470.84 Accrued Interest Estimated Annual Income Estimated Yield N/A N/A Accrued Income Income This Year 30-Day Yield Current Yield 0.00 $0.00 Year-to-Date Non Taxable 85,729.09 EFTA01467210 $85,729.09 Taxable 0.00 $0.00 Non Taxable 85,729.09 $85,729.09 Security Identifier: 378961AV8 1,024,360.05 Please Provide 94.0780 Original Cost Basis: $1,040,301.84 1,024,360.05 94.0780 Original Cost Basis: Please Provide Please Provide N/A Security Identifier: 12669DYS1 1,047,611.09 1,047,611.09 23,251.04 23,251.04 1,760,120.93 1,760,120.93 $2,807,732.02 N/A N/A N/A 974.36 974.36 1,637.05 1,637.05 $2,611.41 $0.00 1,211,860.000 95.4990 302,669.88 86.9630 275,616.28 Account Number: SOUTHERN FINANCIAL LLC -27,053.60 1,080.22 Page 4 of 23 EFTA01467211 Statement Period: 01/01/2014 - 01/31/2014 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Quantity Fixed Income (continued) 6Asset Backed Securities (continued) COUNTRYWIDE HOME LOANS (continued) Total Noncovered Various *,3,12 Total Unallocated Total 1,211,860.000 3,288,140.000 3,288,140.000 4,500,000.000 5WASHINGTON MUT MTG SECS CORP 2004-RA2 MTG PASSTHRU CTF CL C-B-1 VAR RATE 6.972% 07/25/33 B/E DTD 06/01/04 S & P Rating D Factor: 0.64524087 Effective Date:01/02/14 Current Face Value: 832,360.722 12/13/13 *,3,12 837,723.000 Total Noncovered Various *,3,12 Total Unallocated Total 837,723.000 452,277.000 452,277.000 1,290,000.000 SIMPAC CMB TR 2005-2 ASSET BKD BD CL 1-M-2 0.893% 04/25/35 B/E DTD 03/03/05 Moody Rating CA S & P Rating CC Factor: 0.14683303 Effective Date:01/27/14 Current Face Value: 1,468,330.300 12/13/13 *,3,12 1,500,554.000 Total Noncovered Various *,3,12 1,500,554.000 8,499,446.000 Original Cost Basis: $306,153.67 302,669.88 N/A Please Provide 86.9630 Original Cost Basis: Please Provide Please Provide N/A Security Identifier: 939336S20 EFTA01467212 275,616.28 747,829.73 747,829.73 $1,023,446.01 -27,053.60 N/A N/A N/A 1,080.22 2,930.96 2,930.96 $4,011.18 $0.00 Unit Cost Adjusted Cost Basis Market Price Market Value Unrealized Gain/Loss Accrued Interest Estimated Annual Income Estimated Yield 77.0000 N/A 416,210.50 Please Provide 86.0460 465,107.12 Original Cost Basis: $417,514.76 416,210.50 86.0460 Original Cost Basis: Please Provide Please Provide N/A Security Identifier: 45254NNC7 465,107.12 251,105.99 251,105.99 $716,213.11 48,896.62 48,896.62 N/A N/A N/A 3,140.90 3,140.90 1,695.74 EFTA01467213 1,695.74 $4,836.64 $0.00 69.4090 N/A 152,929.44 Please Provide 71.1550 156,776.45 Original Cost Basis: $156,285.58 152,929.44 71.1550 Original Cost Basis: Please Provide Page 5 of 23 B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC 156,776.45 888,013.98 3,847.01 3,847.01 N/A 32.79 32.79 185.75 EFTA01467214 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Quantity Unit Cost Fixed Income (continued) 6Asset Backed Securities (continued) IMPAC CMB TR 2005-2 ASSET BKD BD CL (continued) Total Unallocated Total 8,499,446.000 10,000,000.000 Total Asset Backed Securities 24,040,000.000 Total Current Face Value: 6,462,038.737 Corporate Bonds SG STRUCTURED PRODS INC COMMODITY LKD MKT PLUS PROTECTED NOTES 0.000% 08/05/14 B/E DTD 07/30/13 07/25/13 *,12,13 2,000,000.000 HSBC USA INC MEDIUM TERM NTS BUFFERED NOTES LKD TO EURO STOXX 50 0.000% 08/29/14 B/E DTD 05/30/13 05/24/13 *,12,13 2,000,000.000 JPMORGAN CHASE & CO MEDIUM TERM NTS CAPPED CONTINGENT BUFFERED EQUITY NTS 0.000% 10/16/14 B/E DTD 09/27/13 12/05/13 *,3,12 1,000,000.000 100.0000 PETROLEOS DE VENEZUELA NOTES SENIOR ISIN#XS0460546525 5.000% 10/28/15 REG DTD 10/28/09 S & P Rating B+ 12/04/13 *,3,12 2,500,000.000 100.0000 100.0000 2,000,000.00 100.3900 Original Cost Basis: $2,000,000.00 Security Identifier: 40432XFP1 2,000,000.00 105.9300 Original Cost Basis: $2,000,000.00 Security Identifier: 48126NVE4 1,000,000.00 101.6900 Original Cost Basis: $1,000,000.00 Security Identifier: P7807HAF2 EFTA01467215 90.6830 HEADWATERS INC GTD SR NT 7.625% 04/01/19 B/E DTD 03/11/11 CALLABLE 04/01/15 @ 103.813 Moody Rating B2 S & P Rating B+ 10/22/12 *,12,13 1,000,000.000 102.6060 EARTHLINK INC GTD SR NT FULLY EXCHANGED CUSIP FROM 270321AB8 8.875% 05/15/19 B/E DTD 05/17/11 CALLABLE 05/15/15 S & P Rating CCC+ 10/22/12 *,12,13 400,000.000 2,267,064.32 82.8000 Original Cost Basis: $2,250,000.00 Security Identifier: 42210PAQ5 1,026,056.48 108.0000 Original Cost Basis: $1,035,000.00 Security Identifier: 270321AC6 102.6520 410,608.59 99.7500 Original Cost Basis: $414,000.00 Page 6 of 23 B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC 399,000.00 -11,608.59 7,494.44 35,500.00 8.89% 1,080,000.00 53,943.52 25,416.67 76,250.00 7.06% 2,070,000.00 -197,064.32 31,944.44 125,000.00 6.03% 1,016,900.00 16,900.00 0.00 2,118,600.00 118,600.00 0.00 2,007,800.00 EFTA01467216 7,800.00 0.00 Security Identifier: 78423EHS6 Adjusted Cost Basis Market Price Market Value Unrealized Gain/Loss Accrued Interest Estimated Annual Income Estimated Yield Please Provide N/A 888,013.98 $1,896,169.87 $1,044,790.43 $5,592,181.57 N/A N/A $48,941.07 185.75 $218.54 $11,677.77 $0.00 $0.00 EFTA01467217 Statement Period: 01/01/2014 - 01/31/2014 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Fixed Income (continued) Corporate Bonds (continued) EARTHLINK INC GTD SR NT FULLY EXCHANGED (continued) 10/23/12 *,12,13 600,000.000 Total Noncovered Total 1,000,000.000 1,000,000.000 SERVICEMASTER CO SR NT - CUSIP FULLY EXCHANGED FROM OLD CUSIP 81760NAL3 8.000% 02/15/20 B/E DTD 02/13/12 Moody Rating CAA1 S & P Rating CCC+ 01/24/13 *,12,13 02/25/13 *,12,13 Total Noncovered Total 1,500,000.000 1,000,000.000 2,500,000.000 2,500,000.000 LLOYDS TSB BK PLC EURO ISSUE MEDIUM TERM NOTES ISIN#XS0717735822 9.875% 12/16/21 REG DTD 12/16/11 Moody Rating Bal S & P Rating BBB 12/04/13 *,3,12 1,500,000.000 108.3940 SOUTHERN CALIF EDISON CO PREF SER E 6.250% 02/01/22 B/E DTD 01/17/12 CALLABLE 02/01/22 Moody Rating BAA2 S & P Rating BBB01/30/12 *,3,12 3,000,000.000 BARCLAYS BK PLC CONTINGENT CAP NT ISIN#US06739FHK03 7.750% 04/10/23 B/E DTD 04/10/13 CALLABLE 04/10/18 S & P Rating BB+ 04/03/13 *,12,13 300,000.000 B0100242CSF30016 102.4650 614,789.17 99.7500 Original Cost Basis: $619,500.00 1,025,397.76 $1,025,397.76 Security Identifier: 81760NAN9 EFTA01467218 105.2680 105.8590 1,579,026.96 103.5000 Original Cost Basis: $1,595,625.00 1,058,588.49 Original Cost Basis: $1,070,000.00 2,637,615.45 $2,637,615.45 Security Identifier: G4S15PP48 1,625,910.66 119.2500 Original Cost Basis: $1,627,500.00 Security Identifier: 842400FU2 99.7900 2,993,701.54 103.7500 Original Cost Basis: $2,992,564.97 Security Identifier: 06739FHK0 100.0000 300,000.00 108.3750 Account Number: SOUTHERN FINANCIAL LLC 325,125.00 25,125.00 7,168.75 23,250.00 7.15% Page 7 of 23 3,112,500.00 118,798.46 93,750.00 187,500.00 6.02% 1,788,750.00 162,839.34 18,104.17 148,125.00 8.28% 103.5000 1,552,500.00 1,035,000.00 2,587,500.00 $2,587,500.00 -26,526.96 -23,588.49 -50,115.45 -$50,115.45 55,333.33 36,888.89 EFTA01467219 92,222.22 $92,222.22 120,000.00 80,000.00 200,000.00 $200,000.00 7.72% 7.72% 598,500.00 997,500.00 $997,500.00 -16,289.17 -27,897.76 -$27,897.76 11,241.67 18,736.11 $18,736.11 53,250.00 88,750.00 $88,750.00 8.89% Quantity Unit Cost Adjusted Cost Basis Market Price Market Value Unrealized Gain/Loss Accrued Interest Estimated Annual Income Estimated Yield EFTA01467220 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Fixed Income (continued) Corporate Bonds (continued) BARCLAYS BK PLC CONTINGENT CAP NT (continued) Original Cost Basis: $300,000.00 JPMORGAN CHASE & CO DEP SHS REPSTG 1/10TH PFD SER 1 FIXED TO FLTG RT BD 7.900% 04/29/49 B/E DTD 04/23/08 Moody Rating BA1 S & P Rating BBB 06/15/11 *,3,12 06/15/11 *,3,12 Total Noncovered Total 2,500,000.000 2,500,000.000 5,000,000.000 5,000,000.000 BANK AMER CORP PERP NON COMULATIVE DEP SHS FIXED TO FLOAT 8.125% 04/30/58 B/E DTD 04/30/08 CALLABLE 05/15/18 Moody Rating BA3 S & P Rating BB+ 01/10/11 *,3,12 2,000,000.000 GENERAL ELEC CAP CORP NON CUM PFD SER A 7.125% 06/12/62 B/E DTD 06/12/12 CALLABLE 06/15/22 Moody Rating BAA1 S & P Rating AA06/27/12 *,12,13 2,000,000.000 LBG CAPITAL NO 1 PLC 144A ISIN#XS0473106283 8.000% 09/15/88 REG DTD 12/15/09 FOREIGN SECURITY S & P Rating BB 12/04/13 *,3,12 3,000,000.000 Total Corporate Bonds 28,800,000.000 Total Fixed Income 52,840,000.000 $31,547,521.20 105.5300 2,110,605.12 112.3750 Original Cost Basis: $2,122,916.67 Security Identifier: G5433BBG8 108.2500 3,247,500.00 107.0000 Original Cost Basis: $3,247,500.00 $29,651,351.33 EFTA01467221 3,210,000.00 $30,318,375.00 $35,910,556.57 -37,500.00 $667,023.67 $715,964.74 30,666.67 $469,272.92 $480,950.69 240,000.00 $1,788,875.00 $1,788,875.00 7.47% 2,247,500.00 136,894.88 18,208.33 142,500.00 6.34% 102.7500 107.5000 107.0000 Security Identifier: 46625HHA1 2,687,500.00 110.6200 Original Cost Basis: $2,687,500.00 2,675,000.00 Original Cost Basis: $2,675,000.00 5,362,500.00 $5,362,500.00 Security Identifier: 060505DT8 2,055,000.00 111.2600 Original Cost Basis: $2,055,000.00 Security Identifier: 369622SN6 2,225,200.00 170,200.00 34,305.56 162,500.00 7.30% 110.6200 2,765,500.00 2,765,500.00 5,531,000.00 $5,531,000.00 78,000.00 90,500.00 168,500.00 $168,500.00 49,375.00 49,375.00 98,750.00 EFTA01467222 $98,750.00 197,500.00 197,500.00 395,000.00 $395,000.00 7.14% 7.14% Quantity Unit Cost Adjusted Cost Basis Market Price Market Value Unrealized Gain/Loss Accrued Interest Estimated Annual Income Estimated Yield Page 8 of 23 80100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC EFTA01467223 Statement Period: 01/01/2014 - 01/31/2014 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Equities Common Stocks APOLLO GLOBAL MGMT LLC CL A SHS Dividend Option: Cash 03/29/11 *,13 APPLE INC COM Dividend Option: Cash 10/28/13 02/14/12 *,13 01/24/13 *,13 Total Noncovered Total 01/16/01 *,3 BIOGEN IDEC INC COM Dividend Option: Cash 02/14/12 *,13 FACEBOOK INC CL A Dividend Option: Cash 05/17/12 *,13 01/13/14 GENERAL ELECTRIC CO COM Dividend Option: Cash 04/23/13 *,13 23,000.000 21.5700 17,500.000 FOUNDATION MEDICINE INC COM Dividend Option: Cash 25,000.000 27.5070 38.0000 2,095.000 119.5490 2,000.000 ARIAD PHARMACEUTICALS INC Dividend Option: Cash 7,535.000 9,000.000 16,535.000 16,535.000 ASCENA RETAIL GROUP INC COM Dividend Option: Cash 70,500.000 21.2770 15.2090 19.6000 529.0600 EFTA01467224 263,157.000 19.0000 Security Identifier: APO CUSIP: 037612306 4,999,983.00 1,058,120.50 114,597.40 176,400.00 290,997.40 $290,997.40 Security Identifier: ASNA CUSIP: 04351G101 1,500,000.00 250,454.95 665,000.00 687,663.50 496,109.08 18.7600 Security Identifier: BIIB CUSIP: 09062X103 312.6400 Security Identifier: FB CUSIP: 30303M102 62.5700 Security Identifier: FMI CUSIP: 350465100 29.9400 Security Identifier: GE CUSIP: 369604103 25.1300 577,990.00 81,880.92 20,240.00 3.50% Page 9 of 23 B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC 748,500.00 60,836.50 1,094,975.00 429,975.00 654,980.80 404,525.85 1,322,580.00 -177,420.00 32.4500 Security Identifier: AAPL CUSIP: 037833100 500.6000 Security Identifier: ARIA EFTA01467225 CUSIP: 04033A100 7.3900 7.3900 55,683.65 66,510.00 122,193.65 $122,193.65 -58,913.75 -109,890.00 -168,803.75 -$168,803.75 $0.00 1,001,200.00 -56,920.50 24,400.00 2.43% 8,539,444.65 3,539,461.65 1,039,470.15 12.17% Quantity Unit Cost Cost Basis Market Price Market Value Unrealized Gain/Loss Estimated Annual Income Estimated Yield EFTA01467226 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Equities (continued) Common Stocks (continued) GENERAL MTRS CO COM Dividend Option: Cash 11/18/10 * 12/09/10 * Total Noncovered Total 10,988.200 86,536.800 97,525.000 97,525.000 JP MORGAN CHASE & CO COM ISIN#US46625H1005 Dividend Option: Cash 07/14/05 *,3 05/28/13 *,13 01/23/14 TWITTER INC COM Dividend Option: Cash 11/07/13 Total Common Stocks Preferred Stocks (Listed by expiration date) ALLY FINL INC PERP PFD FIXED/FLTG RATE SER A CALLABLE Dividend Option: Cash 02/03/12 *,13 02/09/12 *,13 46,600.000 80,000.000 Total Noncovered Total 126,600.000 126,600.000 GMAC CAP TR I GTD TR PFD SECS SER 2 8 125% FIXED RATE / FLTG Dividend Option: Cash 02/22/12 *,13 80,000.000 1,500.000 26.0000 36.4010 36.8160 Quantity Unit Cost Cost Basis Market Price Market Value EFTA01467227 Unrealized Gain/Loss Estimated Annual Income Estimated Yield Security Identifier: GM CUSIP: 37045V100 399,978.16 3,185,969.22 3,585,947.38 $3,585,947.38 Security Identifier: 3PM CUSIP: 46625H100 21,753.000 SANGAMO BIOSCIENCES INC COM Dividend Option: Cash 50,000.000 SANTANDER CONSUMER USA HLDGS INC COM Dividend Option: Cash 1,000.000 24.0000 8.4440 488.4840 10,626,002.00 422,214.00 24,000.00 39,000.00 $24,645,491.81 Security Identifier: ALLY PRB CUSIP: 02005N308 19.9140 20.6560 927,973.76 1,652,500.00 2,580,473.76 $2,580,473.76 Security Identifier: ALLY PRA CUSIP: 361860208 23.5350 1,882,773.60 27.3800 2,190,400.00 307,626.40 162,500.00 7.41% 27.0300 27.0300 1,259,598.01 2,162,399.99 3,421,998.00 EFTA01467228 $3,421,998.00 331,624.25 509,899.99 841,524.24 $841,524.24 99,025.00 170,000.00 269,025.00 $269,025.00 7.86% 7.86% 55.3600 Security Identifier: SGMO CUSIP: 800677106 19.3400 Security Identifier: SC CUSIP: 80283M101 25.6300 Security Identifier: TWTR CUSIP: 90184L102 64.5000 96,750.00 $19,874,192.18 57,750.00 -$4,771,299.63 $1,234,204.71 25,630.00 1,630.00 967,000.00 544,786.00 1,204,246.08 -9,421,755.92 33,064.56 2.74% 36.0800 36.0800 396,454.27 3,122,247.73 3,518,702.00 $3,518,702.00 -3,523.89 -63,721.49 -67,245.38 -$67,245.38 13,185.84 103,844.16 117,030.00 $117,030.00 3.32% 3.32% Page 10 of 23 EFTA01467229 B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC EFTA01467230 Statement Period: 01/01/2014 - 01/31/2014 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Quantity Equities (continued) Preferred Stocks (continued) ROYAL BANK SCOTLAND GROUP PLC 7.25% SPON ADR REPSTG SER T PFD SHS CALLABLE ON OR AFTER 12/31/2012 @ 25 Dividend Option: Cash 10/24/12 *,13 01/07/13 *,13 01/14/13 *,13 Total Noncovered Total Total Preferred Stocks Options CALL 100 AMERICAN AIRLS GROUP INC COM EXP [email protected] OPTION ROOT= AAL 1,000.00 of these contracts are in your margin account 12/11/13 * 1,000.000 PUT 100 AMERICAN AIRLS GROUP INC COM EXP [email protected] OPTION ROOT= AAL -1,000.00 of these contracts are a short position 12/11/13 * -1,000.000 Total Options Total Equities Date Acquired Quantity Exchange-Traded Products DEUTSCHE BK AG LONDON BRH DB AGRIC DOUBLE LONG TRADED NT Dividend Option: Cash; Capital Gains Option: Cash 07/12/10 *,12,13 31,134.000 7.0510 Unit Cost Unit Cost Cost Basis Market Price Market Value Unrealized Gain/Loss Estimated Annual Income Estimated Yield Security Identifier: RBS PRT EFTA01467231 CUSIP: 780097713 40,000.000 40,000.000 40,000.000 120,000.000 120,000.000 23.7900 24.4400 24.8800 951,600.00 977,600.00 995,200.00 2,924,400.00 $2,924,400.00 $7,387,647.36 8.0330 Option Identifier: 99QADTZJJ Underlying Security Identifier: AAL Underlying Security Price: $33.55 13.9000 803,314.50 1.9770 Option Identifier: 99QADTZQO Underlying Security Identifier: AAL Underlying Security Price: $33.55 0.6500 24.5400 24.5400 24.5400 981,599.99 981,599.99 981,600.02 2,944,800.00 $2,944,800 00 $8,557,198 00 29,999.99 3,999.99 -13,599.98 20,400.00 $20,400.00 $1,169,550 64 72,500.00 72,500.00 72,500.00 217,500.00 $217,500.00 $649,025.00 7.38% 7.38% 7.38% 1,390,000.00 EFTA01467232 586,685.50 -197,702.00 $605,612.50 -65,000.00 $32,638,751.67 Cost Basis Market Price Security Identifier: DAG CUSIP: 25154H558 219,512.76 6.7500 210,154.50 -9,358.26 Page 11 of 23 B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC $1,325,000.00 $29,756,390.18 Market Value 132,702.00 $719,387.50 -$2,882,361.49 Unrealized Gain/Loss $0.00 $1,883,229.71 Estimated Annual Income Estimated Yield EFTA01467233 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Quantity Unit Cost Exchange-Traded Products (continued) WISDOMTREE TR JAPAN HEDGED EQUITY FD Dividend Option: Cash; Capital Gains Option: Cash 60,000.00 of these shares are in your margin account 60,000.000 12/11/13 Total Exchange-Traded Products Total U.S. DOLLARS EURO Description Cash, Money Funds, and Bank Deposits Global Cash Balance Total Cash, Money Funds, and Bank Deposits Total EURO Cost Basis Total Portfolio Holdings - U.S. DOLLARS Footnotes * Noncovered under the cost basis rules as defined below. Securities acquired before 2011 are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended ("IRC") (incorporating amendments enacted by P.L.110-343, the Emergency Economic Stabilization Act of 2008) and are, therefore, considered " noncovered," under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are "covered" under the new cost basis reporting rules. Securities which are "covered" under the new cost basis reporting rules are defined as securities which have been acquired on or after their "applicable date(s)" at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. $89,308,263.29 Cost Basis Market Price Security Identifier: DXJ CUSIP: 97717W851 49.4350 2,966,098.50 $3,185,611.26 Cost Basis $89,308,263.29 Quantity Opening Balance 291,846.67 EFTA01467234 291,846.67 46.6100 2,796,600.00 $3,006,754.50 Market Value $90,610,080.41 Closing Balance Currency 291,846.67 393,526.05 291,846.67 393,526.05 291,846.67 393,526.05 Market Value $91,003,606.46 EUR USD EUR USD Market Value Currency EUR USD Unrealized Gain/Loss -$2,345,253.51 0.00 0.00 Accrued Interest 0.00 0.00 Accrued Interest $480,950.69 Estimated Annual Income $3,709,636.95 -169,498.50 -$178,856.76 Unrealized Gain/Loss -$2,345,253.51 Accrued Interest $480,950.69 Accrued Income 37,061.40 $37,061.40 Estimated EFTA01467235 Annual Income $3,709,636.95 30-Day Yield 1.32% Market Value Unrealized Gain/Loss Estimated Annual Income Estimated Yield Page 12 of 23 60100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC EFTA01467236 Statement Period: 01/01/2014 - 01/31/2014 Portfolio Holdings (continued) Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1, 2011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1, 2012 • Other securities, principally debt securities and options, acquired on or after January 1, 2013, or later, as determined by the Secretary of the Treasury. Cost Basis on fixed income securities is adjusted for amortization, accretion or principal paydowns. The method of calculation is based upon the type of fixed income security and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the portfolio system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving continuously callable bonds, foreign bonds, variable rates, bonds in default, index-linked bonds, bonds sold short or bonds that have a negative yield. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. 3 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. 5 Unrealized gains and losses are not reported for securities for which cost basis or market value is not available. 6 The Current Face value represents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face amount of the security. Factors may change over time and are obtained from sources we believe to be reliable. 12 Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section. 13 The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. Holdings Summary by Currency Currency Cash U.S. DOLLARS EURO Total USD Equivalent % of Allocation 21,936,379 291,846 22,329,905 24.54% Fixed Income EFTA01467237 35,910,556 0 35,910,556 39.46% Equities 29,756,390 0 29,756,390 32.70% Schedule of Realized Gains and Losses Current Period Description Disposition Date Short Term 01/10/14 Acquisition Date 05/29/13 * Disposition Transaction SELL First In First Out 01/10/14 07/09/13 * SELL First In First Out GENERAL ELEC CAP COR SER C FIXED TO FLTG 5.250% 0 6/03/63 B/E DTD 06/03/13 CLB Security Identifier: 369622ST3 Original Cost Basis: 1,400,000.00 JP MORGAN VALUE ADVA INSTITUTIONAL CLASS Security Identifier: JVAIX B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC Exchange-Traded Funds Total by Currency 3,006,754 0 3,006,754 3.30% 90,610,080 USD 291,846 EUR 91,003,606 USD 100.00% Quantity 1,400,000.000 Cost Basis Proceeds 1,400,000.00 EFTA01467238 1,316,869.00 Realized Gain/Loss/ Disallowance -83,131.00 78,709.170 2,000,000.00 2,138,528.15 138,528.15 Page 13 of 23 EFTA01467239 Schedule of Realized Gains and Losses Current Period (continued) Disposition Date Acquisition Date Short Term (continued) 01/10/14 12/13/13 01/10/14 01/10/14 01/10/14 01/24/14 12/13/13 12/23/13 07/22/13 * 12/13/13 * Disposition Transaction SELL First In First Out SELL First In First Out SELL First In First Out SELL First In First Out RPP Description JP MORGAN VALUE ADVA INSTITUTIONAL CLASS Security Identifier: JVAIX JP MORGAN VALUE ADVA INSTITUTIONAL CLASS Security Identifier: JVAIX JP MORGAN VALUE ADVA INSTITUTIONAL CLASS Security Identifier: JVAIX JPMORGAN CHASE & CO /01/88 B/E DTD 07/29/13 Security Identifier: 48126HAA8 Original Cost Basis: 750,000.00 WASHINGTON MUT MTG S 004-RA2 MTG PASSTHRU CTF CL C- 8-1 VAR RATE 6.972% 07/25/33 Security Identifier: 939336S20 Original Cost Basis: 1,304.26 01/27/14 01/27/14 01/27/14 * 01/14/14 * SELL First In First Out SELL First In First Out 01/27/14 12/13/13 * EFTA01467240 RPP MEXICAN PESO CURRENC Security Identifier: MXN999994 UNITED MEX STATES 7 2011-13.11.42 ISIN#MXOMG00000 R8 0.000% 11/13/42 REG DTD 12 Security Identifier: P4ROC9EK5 Original Cost Basis: 3,008,030.70 COUNTRYWIDE HOME LOA 1 CL B1 4.090% 03/25/33 B/E D TD 01/30/03 Security Identifier: 12669DY51 Original Cost Basis: 3,483.79 01/27/14 12/13/13 * RPP GLOBAL MTG SECURITIZ GLOBAL MTG SCTZN ISIN#US37896 1AV83 5.250% 04/25/32 B/E DTD Security Identifier: 378961AV8 Original Cost Basis: 15,941.79 01/27/14 12/13/13 * RPP Total Short Term Long Term 01/10/14 01/17/14 01/23/14 07/10/07 * 07/12/10 * 07/12/10 * SELL First In First Out SELL First In First Out SELL First In First Out BOMBARDIER INC CLASS Security Identifier: BDRBF DEUTSCHE BK AG LONDO GRIC DOUBLE LONG TRADED NT Security Identifier: DAG DEUTSCHE BK AG LONDO GRIC DOUBLE LONG TRADED NT Security Identifier: DAG B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC 20,000.000 13,866.000 5,000.000 IMPAC CMB TR 2005-2 BD CL 1-M-2 0.893% 04/25/35 B /E DTD 03/03/05 Security Identifier: 45254NNC7 Original Cost Basis: 2,592.27 EFTA01467241 3,078,211.000 15,941.79 17,329.91 1,388.12 Quantity 840.719 1,255.017 758.267 750,000.000 837,723.000 Cost Basis 22,161.35 33,082.25 20,283.65 750,000.00 1,304.26 Proceeds 22,842.34 34,098.81 20,602.11 724,681.50 1,693.84 Realized Gain/Loss/ Disallowance 680.99 1,016.56 318.46 -25,318.50 389.58 38,199,653.100 380,000.000 2,828,807.68 3,008,030.70 2,841,918.91 13,111.23 2,803,970.02 -204,060.68 1,211,860.000 3,483.79 3,647.98 164.19 1,500,554.000 2,592.27 3,734.77 $10,085,687.74 125,700.00 97,763.34 35,252.90 $9,929,917.34 80,848.57 93,479.70 EFTA01467242 33,843.40 1,142.50 -$155,770.40 -44,851.43 -4,283.64 -1,409.50 Page 14 of 23 EFTA01467243 Statement Period: 01/01/2014 - 01/31/2014 Schedule of Realized Gains and Losses Current Period (continued) Disposition Date Acquisition Date Total Long Term Total Short Term and Long Term * Noncovered under the cost basis rules as defined below. Securities acquired before 2011 are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended ("IRC") (incorporating amendments enacted by P.L.110-343, the Emergency Economic Stabilization Act of 2008) and are, therefore, considered "noncovered," under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are "covered" under the new cost basis reporting rules. Securities which are "covered" under the new cost basis reporting rules are defined as securities which have been acquired on or after their "applicable date(s)" at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • • • Stock in a corporation acquired on or after January 1, 2011 Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1, 2012 Other securities, principally debt securities and options, acquired on or after January 1, 2013, or later, as determined by the Secretary of the Treasury. This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099-B or online displays you may have available to you. When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax EFTA01467244 advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting. Cost Basis on fixed income securities is adjusted for amortization, accretion or principal paydowns. The method of calculation is based upon the type of fixed income security and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the portfolio system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving continuously callable bonds, foreign bonds, variable rates, bonds in default, index-linked bonds, bonds sold short or bonds that have a negative yield. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO). Your account's selected tax lot method will be used to determine the cost basis for calculating gain and/or loss, unless another method was selected at the time of the security disposal, and this may be reported on the IRS Form 1099-B. Disposition Transaction Description Quantity Cost Basis $258,716.24 $10,344,403.98 Proceeds $208,171.67 $10,138,089.01 Realized Gain/Loss/ Disallowance -$50,544.57 -$206,314.97 Page 15 of 23 B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC EFTA01467245 Messages Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your investment professional for additional information. Federal Deposit Insurance Corporation (FDIC)-Insured Bank Deposits are not protected by Securities Investor Protection Corporation.(SIPC). For disclosure of rates for DWS money market funds, please visit the DWS Investments website at https://www.dws-investments.com/EN/products/money- market-funds-yields.jsp. Please note that all money market funds listed on the website may not be offered through us. Important Reminder for Pershing's 2013 IRS Forms 1099 (B, DIV, INT, OID and MISC): As a reminder, by February 18, you will receive either your 1099 form or a special Pending 1099 Notice. The Pending 1099 Notice will be sent if issuers of securities you hold have not yet provided their final tax information. It will inform you of the securities that are pending final reporting, and will provide the anticipated mail date of your 1099 form. Your 1099 will be mailed no later than March 17, 2014. Activity Summary (All amounts shown are in base currency) Credits Securities Securities Bought Securities Sold Total Securities Dividends and Interest Distributions Fees Cash Withdrawals Total Cash FDIC Insured Bank Deposits Total Credits Transactions by Type of Activity Process/ Settlement Date Trade/ Transaction Date Activity Type Securities Bought and Sold 01/13/14 01/10/14 SOLD JVAIX 01/15/14 01/15/14 EFTA01467246 01/10/14 SOLD BDRBF 01/10/14 CORRECTED SELL 369622ST3 Description JP MORGAN VALUE ADVANTAGE FUND INSTITUTIONAL CLASS UNSOLICITED ORDER BOMBARDIER INC CLASS B AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT GENERAL ELEC CAP CORP PERP PFD SER C FIXED TO FLTG 5.250% 06/03/63 B/E DTD 06/03/13 CLB VARIABLE RATE CORRECTED CONFIRM B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC Quantity -81,563.173 -20,000.000 -1,400,000.000 Price 27.1700 4.0828 94.0625 6,125.00 Accrued Interest Amount Currency 2,216,071.41 USD 80,848.57 USD 1,322,994.00 USD 0.00 10,204,174.33 $10,204,174.33 $38,807.19 $85,729.09 $0.00 0.00 $0.00 $3,794,694.32 $14,123,404.93 0.00 10,204,174.33 $10,204,174.33 $38,807.19 $85,729.09 $0.00 0.00 $0.00 $3,794,694.32 $14,123,404.93 This Period Year-to-Date EFTA01467247 Debits Securities Securities Bought Securities Sold Total Securities Dividends and Interest Distributions Fees Cash Withdrawals Total Cash FDIC Insured Bank Deposits Total Debits -6,688,454.11 0.00 -$6,688,454.11 $0.00 $0.00 -$18.00 -109,995.00 -$109,995.00 -$7,541,135.01 -$14,339,602.12 -6,688,454.11 0.00 -$6,688,454.11 $0.00 $0.00 -$18.00 -109,995.00 -$109,995.00 -$7,541,135.01 -$14,339,602.12 This Period Year-to-Date Page 16 of 23 EFTA01467248 Statement Period: 01/01/2014 - 01/31/2014 Transactions by Type of Activity (continued) Process/ Settlement Date Trade/ Transaction Date Activity Type Securities Bought and Sold (continued) 01/15/14 01/10/14 SOLD JPM403173 01/16/14 01/16/14 01/16/14 01/13/14 PURCHASED FMI 01/14/14 PURCHASED 01/14/14 PURCHASED P4ROC9EK5 01/23/14 01/28/14 01/28/14 01/29/14 01/29/14 01/17/14 SOLD DAG 01/23/14 SOLD DAG 01/23/14 PURCHASED SC 01/27/14 SOLD 01/27/14 SOLD P4ROC9EK5 Total Securities Bought and Sold MEXICAN PESO TOTAL USD EQUIVALENT UNITED STATES DOLLAR Description JPMORGAN CHASE & CO 6.000% 09/01/88 B/E DTD 07/29/13 FOUNDATION MEDICINE INC COM AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT MEXICAN PESO UNITED MEX STATES 7 3/4% BONOS 2011-13.11.42 ISIN#MXOMG00000R8 0.000% 11/13/42 REG DTD 12/22/11 AS OF 01/14/14 YLD -.094 TO MAT Exchange Rate: 13.1733 DEUTSCHE BK AG LONDON BRH DB AGRIC DOUBLE LONG TRADED NT UNSOL AVERAGE UNIT PRICE TRANSACTION EFTA01467249 YOUR BROKER ACTED AS AGENT DEUTSCHE BK AG LONDON BRH DB AGRIC DOUBLE LONG TRADED NT UNSOL AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT SANTANDER CONSUMER USA HLDGS INC COM PROSPECTUS UNDER SEPARATE COVER MEXICAN PESO UNITED MEX STATES 7 3/4% BONOS 2011-13.11.42 ISIN#MXOMG00000R8 0.000% 11/13/42 REG DTD 12/22/11 AS OF 01/27/14 Exchange Rate: 13.3119 Quantity -750,000.000 25,000.000 39,253,441.020 380,000.000 Price 96.6250 27.4463 13.0975 102.6957 -229,055.56 -17,387.86 -13,866.000 -5,000.000 1,000.000 -38,199,653.100 -380,000.000 6.8022 6.8100 24.0000 13.4415 99.6427 335,402.78 25,195.71 Accrued Interest 20,750.00 Amount Currency 745,431.50 USD -687,663.50 USD -2,997,017.82 USD -39,253,441.02 -2,979,772.79 MXN USD 93,479.70 USD 33,843.40 USD -24,000.00 USD 2,841,918.91 USD 38,199,653.10 2,869,586.84 EFTA01467250 MXN USD 106,347.22 7,807.85 26,875.00 -1,053,787.92 MXN -110,185.95 USD 3,625,906.17 USD Page 17 of 23 B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC EFTA01467251 Transactions by Type of Activity (continued) Process/ Settlement Date Trade/ Transaction Date Activity Type Dividends and Interest 01/15/14 01/27/14 01/27/14 01/27/14 01/27/14 01/28/14 01/31/14 Distributions 01/27/14 01/27/14 01/27/14 01/28/14 FDIC INSURED BANK DEPOSITS INTEREST RECEIVED 458997996 BOND INTEREST RECEIVED 12669DYS1 CASH DIVIDEND RECEIVED GE FOREIGN BOND INTEREST 378961AV8 BOND INTEREST RECEIVED 939336520 BOND INTEREST RECEIVED 45254NNC7 CASH DIVIDEND RECEIVED 3PM Total Dividends and Interest - UNITED STATES DOLLAR RETURN OF PRINCIPAL RECEIVED 12669DYS1 RETURN OF PRINCIPAL RECEIVED 378961AV8 RETURN OF PRINCIPAL RECEIVED 939336520 RETURN OF PRINCIPAL RECEIVED 45254NNC7 Total Distributions - UNITED STATES DOLLAR EFTA01467252 4500000 COUNTRYWIDE HOME LOANS SER 03-1 CL B1 4.090% 03/25/33 B/E DTD 01/30/03 RD 12/31 PD 01/25/14 8250000 GLOBAL MTG SECURITIZATION LTD/ GLOBAL MTG SCTZN ISIN#US378961AV83 5.250% 04/25/32 B/E DTD 04/28/05 RD 12/31 PD 01/25/14 1290000 WASHINGTON MUT MTG SECS CORP 2004-RA2 MTG PASSTHRU CTF CL C-B-1 VAR RATE 6.972% 07/25/33 B/E DTD 06/01/04 RD 12/31 PD 01/25/14 10000000 IMPAC CMB TR 2005-2 ASSET BKD BD CL 1-M-2 0.893% 04/25/35 B/E DTD 03/03/05 RD 01/24 PD 01/25/14 0 00 Description INSURED DEPOSITS INTEREST CREDITED 4500000 COUNTRYWIDE HOME LOANS SER 03-1 CL B1 4.090% 03/25/33 B/E DTD 01/30/03 RD 12/31 PD 01/25/14 23000 SHRS GENERAL ELECTRIC CO COM RD 12/23 PD 01/27/14 8250000 GLOBAL MTG SECURITIZATION LTD/ GLOBAL MTG SCTZN ISIN#US378961AV83 5.250% 04/25/32 B/E DTD 04/28/05 RD 12/31 PD 01/25/14 1290000 WASHINGTON MUT MTG SECS CORP 2004-RA2 MTG PASSTHRU CTF CL C-B-1 VAR RATE 6.972% 07/25/33 B/E DTD 06/01/04 RD 12/31 PD 01/25/14 10000000 IMPAC CMB TR 2005-2 ASSET BKD BD CL 1-M-2 0.893% 04/25/35 B/E DTD 03/03/05 RD 01/24 PD 01/25/14 21753 SHRS JP MORGAN CHASE & CO COM ISIN#US46625H1005 RD 01/06 PD 01/31/14 0.00 Quantity Price Accrued Interest Amount Currency 470.84 USD 5,704.10 USD 5,060.00 USD 13,260.27 USD 4,851.79 USD 1,194.05 USD 8,266.14 USD 38,807.19 13,546.06 USD 46,446.39 USD 847.33 USD 24,889.31 USD 85,729.09 Page 18 of 23 B0100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC EFTA01467253 Statement Period: 01/01/2014 - 01/31/2014 Transactions by Type of Activity (continued) Process/ Settlement Date Trade/ Transaction Date Fees 01/02/14 01/02/14 01/02/14 12/31/13 FOREIGN CUSTODY FEE G4S15PP48 12/31/13 FOREIGN CUSTODY FEE G5433BBG8 12/31/13 FOREIGN CUSTODY FEE P7807HAF2 Total Fees - UNITED STATES DOLLAR Cash Withdrawals and Deposits 01/24/14 FDIC Insured Bank Deposits 01/02/14 01/03/14 01/13/14 01/15/14 01/15/14 01/16/14 01/23/14 01/24/14 FEDERAL FUNDS SENT USD999997 FDIC INSURED BANK DEPOSIT USD999997 FDIC INSURED BANK WITHDRAWAL USD999997 FDIC INSURED BANK DEPOSIT USD999997 FDIC INSURED BANK DEPOSIT USD999997 FDIC INSURED BANK DEPOSITS INTEREST REINVESTED 458997996 FDIC INSURED BANK WITHDRAWAL USD999997 FDIC INSURED BANK DEPOSIT USD999997 FDIC INSURED BANK EFTA01467254 WITHDRAWAL USD999997 DEUTSCHE BANK TRUST Total Cash Withdrawals and Deposits - UNITED STATES DOLLAR INSURED DEPOSITS PROGRAM INSURED DEPOSITS PROGRAM INSURED DEPOSITS PROGRAM INSURED DEPOSITS PROGRAM INSURED DEPOSITS INTEREST REINVESTED INSURED DEPOSITS PROGRAM INSURED DEPOSITS PROGRAM INSURED DEPOSITS PROGRAM 0.00 Fgn Safekeeping DEC 2013 CUSIP: G4S15P-P4-8 Fgn Safekeeping DEC 2013 CUSIP: G54338-8G-8 Fgn Safekeeping DEC 2013 CUSIP: P7807H-AF-2 0.00 -6.00 USD -6.00 USD -6.00 USD -18.00 -109,995.00 USD -109,995.00 -114,277.38 USD 18.00 USD -2,216,071.41 USD -2,149,274.07 USD -470.84 USD 3,684,681.32 USD -93,479.70 USD 109,995.00 USD Activity Type Description Quantity Price Accrued Interest Amount Currency Page 19 of 23 80100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC EFTA01467255 Transactions by Type of Activity (continued) Process/ Settlement Date Trade/ Transaction Date Activity Type FDIC Insured Bank Deposits (continued) 01/28/14 01/29/14 FDIC INSURED BANK DEPOSIT USD999997 FDIC INSURED BANK DEPOSIT USD999997 Transactions Summary MEXICAN PESO UNITED STATES DOLLAR The price and quantity displayed may have been rounded. Cash Not Yet Received Security Interest SERVICEMASTER CO SR NT - CUSIP FULLY EXCHANGED FROM OLD Total Cash Not Yet Received Bond Maturity Schedule Bond Maturity 7 to 12 months 1 to 5 years 6 to 10 years Over 10 years Total Bond Quality Bond Quality BAA BA/Lower Not Rated Total 01/31/14 02/15/14 2,500,000.000 0.040000 Cash 100,000.00 $100,000.00 Description INSURED DEPOSITS PROGRAM INSURED DEPOSITS PROGRAM Total FDIC Insured Bank Deposits - UNITED STATES DOLLAR Total Accrued Interest 106,347.22 EFTA01467256 26,875.00 Total Amount -1,053,787.92 -106,011.24 Currency MXN USD Total Accrued Interest USD Equivalent 7,807.85 26,875.00 Total Amount USD Equivalent -110,185.95 -106,011.24 0.00 Quantity Price Accrued Interest Amount Currency -99,559.34 USD -2,868,002.27 USD -3,746,440.69 Record Date Payable Date Quantity Held Rate Dividend Option Amount of Payment Market Value 5,143,300.00 2,070,000.00 9,891,375.00 18,805,881.57 % of Bond Market Value 14% 6% 28% 52% 35,910,556.57 100% Percentages of bond market values are rounded to the nearest whole percentage. Market Value 5,360,000.00 24,383,810.56 6,166,746.01 % of Bond Market Value 15% 68% 17% EFTA01467257 35,910,556.57 100% Page 20 of 23 60100242CSF30016 Account Number: SOUTHERN FINANCIAL LLC Percentages of bond market values are rounded to the nearest whole percentage. EFTA01467258 Statement Period: 01/01/2014 - 01/31/2014 Client Service Information Your Client Advisor: TDS TAZIA SMITH 345 PARK AVENUE 14TH FLOOR NEW YORK NY 10154 Your Account Information Tax Lot Default Disposition Method Default Method for Mutual Funds: FIRST IN FIRST OUT Default Method for Stocks in a Dividend Reinvestment Plan: FIRST IN FIRST OUT Default Method for all Other Securities: FIRST IN FIRST OUT Electronic Delivery You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Client Advisor for more information. Important Information and Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market prices have been obtained from sources which we believe to be reliable. Pershing may not use the closing price of the particular exchange or marketplace where your position was purchased as the "Market Price." Securities for which a price is not available are marked ""N/A"" an