Equity Holdings	Ticker	% of Net Assets
IBM Corp.	IBM	8.8%
The Coca-Cola Company	KO	7.7%
Cisco Systems, Inc.	CSCO	7.5%
Verizon Communications, Inc.	VZ	7.2%
Johnson & Johnson	JNJ	7.0%
Amgen	AMGN	6.7%
Chevron Corp.	CVX	6.4%
McDonald's Corp.	MCD	6.4%
Procter & Gamble Co.	PG	6.1%
Merck & Co., Inc.	MRK	5.6%
Goldman Sachs Group, Inc.	GS	0.6%
Dow, Inc.	DOW	0.2%
Total as % of Net Assets		70.11%

Fixed Income Holdings	Ticker	% of Net Assets
U.S. Treasury Bill - (08/07/25)	912797MG9	8.3%
U.S. Treasury Bill - (07/10/25)	912797LW5	11.9%
U.S. Treasury Bill - (09/11/25)	912797PW1	7.1%
Total as % of Net Assets		27.36%

Cash & Other Holdings	Ticker	% of Net Assets
Cash & Other		2.5%
Total as % of Net Assets		2.51%