| Taubman Ctrs 6.5% PFD J (C8/17 | PFD | 876664608 | $330 | 13,300 | 0.0% |
| Macatawa Bank Corp (Mcbc) | COM | 554225102 | $332 | 66,013 | 0.0% |
| Comcast Corp CL A New (Cmcsa)(CMCSA) | COM | 20030N101 | $336 | 8,064 | 0.0% |
| Penn West Petroleum Ltd(pwe) | COM | 707887105 | $337 | 31,925 | 0.0% |
| Medtronic Inc (MDT) | COM | 585055106 | $339 | 6,590 | 0.0% |
| Endocyte Inc (Ecyt) | COM | 29269A102 | $348 | 26,550 | 0.0% |
| Huntington Bancshares Inc(hban(HBAN) | COM | 446150104 | $349 | 44,400 | 0.0% |
| Becton Dickinson & Co (BDX)(BDX) | COM | 075887109 | $359 | 3,640 | 0.0% |
| Wal-Mart Stores (WMT)(WMT) | COM | 931142103 | $361 | 4,853 | 0.0% |
| Caterpillar Inc (CAT)(CAT) | COM | 149123101 | $364 | 4,423 | 0.0% |
| Phillips 66-(Conoco spin-off)((PSX) | COM | 718546104 | $370 | 6,292 | 0.0% |
| TCF Financial 6.45% PFD (Tcbpr | PFD | 872277405 | $385 | 15,500 | 0.0% |
| CBS Corp (CBS) | COM | 124857202 | $390 | 8,000 | 0.0% |
| Texas Instruments (TXN)(TXN) | COM | 882508104 | $395 | 11,340 | 0.0% |
| JC Penney PFD 7% (Jbn)(c6/13) | PFD | 21988T207 | $402 | 21,375 | 0.0% |
| Newmarket Corp (NEU)(NEU) | COM | 651587107 | $404 | 1,540 | 0.0% |
| Home Depot Inc (HD)(HD) | COM | 437076102 | $407 | 5,260 | 0.0% |
| Zillow Inc (Z) | COM | 98954A107 | $410 | 7,300 | 0.0% |
| Vornado Realty(c10/14)7.875%(v | PFD | 929043602 | $413 | 15,630 | 0.0% |
| Gentex Corp (Gntx)(GNTX) | COM | 371901109 | $418 | 18,175 | 0.0% |
| Viacom Inc New CL B (Viab)(VIAB) | COM | 92553P201 | $442 | 6,500 | 0.0% |
| US Bancorp New (USB)(USB) | COM | 902973304 | $452 | 12,512 | 0.0% |
| Wolverine World Wide (WWW)(WWW) | COM | 978097103 | $464 | 8,498 | 0.0% |
| Fifth Third Bancorp (Fitb)(FITB) | COM | 316773100 | $465 | 25,815 | 0.0% |
| PNC Finl Svcs Group (PNC)(PNC) | COM | 693475105 | $465 | 6,383 | 0.0% |
| Herman Miller (Mlhr)(MLKN) | COM | 600544100 | $478 | 17,658 | 0.0% |
| Qwest Corp 6.125% PFD (C6/18) | PFD | 74913G600 | $482 | 20,000 | 0.0% |
| PNC Finl 5.375% PFD SER Q (C12 | PFD | 693475832 | $485 | 20,000 | 0.0% |
| Zions Bancorp 5.75% SER H (Zb- | PFD | 989701834 | $497 | 21,250 | 0.0% |
| Amgen Inc (Amgn)(AMGN) | COM | 031162100 | $512 | 5,193 | 0.0% |
| Firstmerit Corp (Fmer) | COM | 337915102 | $517 | 25,824 | 0.0% |
| Roper Inds Inc (ROP)(ROP) | COM | 776696106 | $530 | 4,270 | 0.0% |
| 3M Co (MMM)(MMM) | COM | 88579Y101 | $541 | 4,950 | 0.0% |
| Fastenal Co (Fast)(FAST) | COM | 311900104 | $551 | 12,035 | 0.0% |
| Travelcenters Am. (Tann) 8.25% | PFD | 894174200 | $566 | 21,635 | 0.0% |
| BB&T Corp 5.20% PFD (C11/17) | PFD | 054937602 | $577 | 25,000 | 0.0% |
| Given Imaging LTD (Givn) | COM | M52020100 | $608 | 43,455 | 0.0% |
| Hologic Inc (Holx)(HOLX) | COM | 436440101 | $664 | 34,431 | 0.0% |
| Verizon Communications (VZ)(VZ) | COM | 92343V104 | $696 | 13,836 | 0.0% |
| Zions Bancorp 7.9% (Zb-F) | PFD | 989701867 | $698 | 24,500 | 0.0% |
| Public Stor 5.9% (Psaprs) (C1- | PFD | 74460W206 | $722 | 28,900 | 0.0% |
| Prudential PLC 6.75%(15%tax)c- | PFD | G7293H114 | $742 | 29,535 | 0.0% |
| Morgan Stanley TR III 6.25% (C | PFD | 617460209 | $749 | 30,076 | 0.0% |
| Canadian Oil Sands TR (Coswf) | COM | 13643E105 | $800 | 43,110 | 0.0% |
| Coach Inc (COH) | COM | 189754104 | $829 | 14,535 | 0.0% |
| US Bancorp PFD 6.50% (Usbprm)( | PFD | 902973833 | $862 | 30,700 | 0.0% |
| Private Bancorp 7.125% (Pvtd) | PFD | 742962400 | $868 | 33,475 | 0.0% |
| Aflac Inc (AFL)(AFL) | COM | 001055102 | $890 | 15,323 | 0.0% |
| Google Inc (Goog) | COM | 38259P508 | $897 | 1,020 | 0.0% |
| Allstate Corp 5.625% PFD (Alls | PFD | 020002408 | $907 | 36,000 | 0.0% |