EFTA01123914.pdf

Portfolio Review Ruemmler CMA accounts . , Senior Vice President - Weath Management, Senior Financial Advisor December 15, 2015 Merrill Lynch Bank of America Corporation SENSITIVE CLIENT INFORMATION INSIDE EFTA01123914 Account List Merrill Lynch Bank of America Corporation As of Close of Business: 12/14/2015 Merrill Lynch Account Number/NickName Account Title Credtlryps Account neeletratiOn Market Value(S) % of Total XXX-XX826 Cash CMA Pledged 1.535.179 86.69 Service Type: Personalized - Client Disc XXX-XX850 Cash CMA 235.797 13.31 Total 1.770.976 100 Unless othernne indicated. assets and iwestrnent accowas included in this Report are held at Merrill Lynch. Pierce. Fenner & Smith Incorporated (MLPF&S). Member SIPC. Bank deposits are held at the Bank of America.. and affiliated banks or other depository institutions and are covered by FDIC insurance up to applicable knits. Bank deposits are not protected by SIPC. Banking products are provided by Bank of America...and affiliated banks. Members FDIC and wholly owned subsidiaries of Bank of America Corporation (BofA Corp"). Merrill Lynch makes available products and services offered by MLPF&S and other subsidiaries of SofA Corp. Trust and fiduciary services are provided by U.S. Trust, a division of Bank of America.... Member FDIC. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc.. a licensed insurance agency. Investment products, insurance and annuity products: Are Not FDIC Insured I Are Not Bank Guaranteed I May Lose Value Are Not Deposits Are Not Insured by Any Federal Government Agency Are Not a Condition to Any Banking Service or Activity MLPF&S. Bank of America... and Mena Lynch Life Agency Inc. are wholly owned subsidiaries of BofA Corp. MLPF&S is a registered broker-dealer. Member SIPC and wholly owned subsidiary of BofA Corp. MLPF&S makes available investment products sponsored. managed. distracted or provided by companies that are affiliates of BofA Corp or in which BMA Corp has a substantial economic interest. including BofAS Global Capital Management. All reports other than the Balances report contain brokerage information only. O201S Bank of America Corporation. All rights reserved. Report created December 15.2015 for Ruemmkg CMA accounts Page For Informational Purposes Only - Account Statement is Official Record of Holdings. Balances and Security Values EFTA01123915 Realized Gain/(Loss) by Account/Security Merrill Lynch Bank of America Corporation As of Close of Business: 12/14/2015 Account Realized Gainr(Loss)(S) Security Description Quantity Acquisition Cost(S) Liquidation Amount($) Short Long Total XXX-XX826 AMG YACKTMAN FUND SER 6,507.1260 143.885 157,798 (332) I4,245 13,913 SERVICE CLASS BLACKROCK STRATEGIC 7,535.0630 77.934 75,652 (36) (2,246) (2,282) INCOME OPPRTNTS PTF INST LORD ABBETT FLOATING 5,744.9810 54.298 52,337 (37) (1,925) (1,962) RATE FUND CL F MFS INTL VALUE I 1,815.7130 65.642 61,589 (4,053) 0 (4,053) FUND CL i NUVEEN LRG CAP GR OPP I 1,023.0670 37.690 36,943 34 (781) (747) OPPORTUNITIES FUND CL I OPPENHMR DEV MRKTS CLY 499.3240 16.614 15,884 (53) (677) (730) MARKETS FD CLY Total XXX-XX826 (4,477) 8,616 4,139 XXX-XX850 CD DISCOVER BANK 249,000 249.000 249,000 0 0 0 GREENWOOD. DE 00.400'. FEE CO 2015 Total XX X-XX850 0 0 0 Total Realized (4,477) 8,616 4,139 Mutual Fund Distributions As Of Date: I 1;302015 XXX-XX826 Security Description Settlement Date Long Term Capital Gain Dlindbutions($) MFS GROWTH FUND CL I 07/01/2015 92 Total Distributions 92 Grand Total Distributions 92 The Realized GaiV(Loss) totals for this account do not include sales transactions where cost information is unavailable or data is insufficient to accurately calculate the Realized Gain/(Loss) figures. Note: Acquisition Costs are not adjusted for stock splits. etc. The long-term capital gain distribution amounts may change due to income reclassification information provided by the issuer. In particular. distributions made by Mutual Funds. REITs and UlTs often need to be reclassified as a different type of distribution (including long-term capital gain distributions) after the end of the year in which the distribution was originally paid. Accounts included in this report: Please refer to the Account List for accounts ricluded in this report. Report created December 15.2015 for Ruemmler CMA accounts Page 2 For Informational Purposes Only - Account Statement is Official Record of Holdings. Balances and Security Values EFTA01123916 Tax Summary Overview Merrill Lynch Bank of America Corporation As of Close of Business: 12:142015 Interest and Dividends (S) thru Nov 2015 YTD Realized Gain.,(Loss)(S) Unrealized Gainaoss)(S) Tax-Exempt Taxable Tax-Exempt Taxable Short Long Short Term Short Term Long Term Long Term Account Interest Interest Dividends Dividends Term Term Total Gain (Loss) Gain (Loss) Total Taxable XXX- XX826' 0 I1 5.773 16,074 (4,477) 8.616 4,139 10.548 (16.090) 30.239 (12.466) 12.231 XXX-XX850' 0 542 0 0 0 0 0 0 0 0 0 0 Subtotal 0 554 5.773 16.074 (4.477) 8,616 4,139 10.548 (16.090) 30.239 (12,466) 12.231 Total 0 554 5,773 16,074 (4,477) 8,616 4,139 10,548 (16,090) 30,239 (12,466) 12,231 'The Unrealized Gabf(Loss) totals for this account may not include certain securities held in the account. such as corporate action items or other securities that have insufficient cost data available to accurately calculate the unrealized gainioss figures on the transactions. The 'Interest and Dividend' values reflect the previous mccith.end statement totals of interest and dividend income. The interest total may include reportable interest. tax-exempt interest. and bank deposit interest. The dividend total may include reportable dividends. money fund dividends. tax-exempt fund dividends and non reportable dividend income. The report is for informational purposes only and we suggest that you review this information with your tax advisor. Please refer to your account statement for the official record of income payments credited to your account. The Realized Gain/(Loss) totals for this account do not include sales transactions where cost information is unavailable or data is insufficient to accurately calculate the realized gairwloss figures. The Realized and Unrealized Gai-if(Loss) totals reflected in the Tax Overview are for bformational purposes only. and we suggest that you review this information with your tax advisor. Please note that pending sate transactions (trades that have not settled) are not reflected in the Realized or Unrealized Gainnoss) sections of the Tax Summary Overview. Any information presented about tax considerations affecting your financial transactions or arrangements is not intended as tax advice and cannot be relied upon for the purpose of avoiding any tax penalties. Neither Merrill Lynch nor its Friancial Advisors provide tax. accounting or legal advice. You should review any planned financial transactions or arrangement that may have tax. accounting or legal implications with your personal professional advisors. Accounts Included In this report: Please refer to the Account List for accounts ncluded in this report. Report created December 15.2015 to Ruerninter CIAA accounts For Informational Purposes Only - Account Statement is Official Record of Holdings, Balances and Security Values Page 3 EFTA01123917 Important Information About This Report Merrill Lynch Bank of America Corporation This analysis is a brokerage report that provides you with a detailed review of your investment strategy. the deduction of lees that may be charged directly to an underlying account, inducing, but not limited to inducing current financial positions, asset allocation and investment performance. In conjunction with a brokerage•related commissions, transfer taxes, margin interest, certain redemption fees, exchange or Financial Advisor's assistance, this report can help you make informed investment decisions in order to similar fees (such as American Depositary Receipts) charged by third parties. including issuers, support your financial objectives. Merrill Lynch offers brokerage, investment advisory and other electronic fund, wire or other account transfer fees, annual investor lees and repurchase fees relating to services. For more information about any of these services and their differences, including the type of exchange-traded notes and other charges imposed by law. Rate of returns presented "Gross of Fees" advice and assistance offered, see your Financial Advisor. Please note that security classifications and are shown before the deduction of advisory fees where applicable in order to make them comparable to definitions of objectives described below can be changed from time to time at the discretion of Merrill the returns of the market indices. Rate of returns are presented "Net of Fees" unless noted as "Gross of Lynch. Fees." Please refer to the applicable ADV Brochure and Client Agreement for a lull description of This Report provides important information about your account(s), market indices. goals and risk investment advisory fees for accounts enrolled in an investment advisory program. Market indices or level. The return information for the account(s), market indices and return comparison charts reflect other benchmark returns are shown for comparison purposes only, and there is no assurance or time•weighted rates of return unless the returns are labeled "money weighted rates of return". Time- guarantee that such performance will be achieved. Depending on how account lees are paid (see weighted rates of return should be used to Judge the performance of the selected investment manager(s) below), the account returns may be shown after the deduction of fees for certain periods. When the lee and the money weighted rate of return should be used to assess overall growth and accumulation of is deducted directly from this aocount(s), information will be shown both before and after the deduction of wealth. Both return calculations reflect transaction costs. market appreciation or depredation and the lees. When the fee is deducted directly from another account(s), information will be shown before the reinvestment of capital gains, dividends, interest and other income. The treatment of lees is discussed deduction of fees. When the fee is paid via invoice: below. • For periods prior to September 1998, information wiU be shown before the deduction of lees. For accounts enrolled in managed account programs such as the Investment Advisory Program (utilizing • For periods after September 1998, information wiU be shown both before and after the deduction of Managed or Custom Managed strategies), Consults, BlackRock Private Investors ("BR PI"). Mutual Fund lees. Advisor ("MFA"), client agreements. disclosure statements, and profiles (if applicable) can provide It is very important that you provide Merrill Lynch with current information regarding the management of additional information about these programs, including applicable lees, restrictions and other terms. your account(s). We encourage you to contact your Advisor(s) if there have been any changes in your Merrill Lynch is both a broker-dealer and an investment adviser, and it offers both brokerage and financial situation or investment objectives, or if you wish to impose any reasonable restrictions on the investment advisory services. There are important differences between these services. including the management of your account(s) or reasonably modify existing restrictions. If you are enrolled in a dual- type of advice and assistance provided. the fees charged, and the rights and obligations of the parties. contract investment advisory program where you separately contract with a third-party investment Brokerage services are also regulated under different laws and rules than advisory services. It is manager. it is also important to notify your investment manager with respect to any changes in your important for you to understand these differences, particularly when determining which service or finanaal situation. investment objectives and/or restrictions. If you would like to receive a free copy of the investments you might select. current Form ADV Brochure(s) for the investment advisory program(s) in which your account(s) is PrIcIna of Securities enrolled. please send a written request with your account number(s) to: Managed Accounts Processing Pricing of securities is provided for your information. Your Account Statement is your official record of and Services. 4800 Deer Lake Drive West. Building 1, 3rd Fl.. Jacksonville, FL 32246. You may also holdings. balances, and security values for your accounts at Merril Lynch and sold to you by your obtain a copy of the various Merrill Lynch advisory program brochures by accessing the Securities and Advisor. Unless you or a third party have provided the values for any External Assets, values reflect Exchange Commission ("SEC") website at www.adviserinfn ser. mat information as of the "Close of Business" date reflected at the top of each exhibit. Values for External The valuation of hedge funds is prepared based upon information from third party sources. The Assets (if you have chosen to include them) will reflect information as of the "Close of Business" date information has not been verified and cannot be guaranteed. This data may include estimates and is indicated, provided pricing information for the particular security is available to Merrill Lynch. Otherwise, subject to revision. pricing information for External Assets are based on values you or a third party have provided to Merrill If an account has been managed by more than one manager. the manager name in the Report reflects Lynch. Please contact your Advisor if you have questions relating to pricing information. Please see the the current manager. However, return and standard deviation information may be calculated using the "External Assets" section at the end of this Report for important information relating to External Assets entire history of each account. This Report may also include information for account(s) that are not generally, including reviewing the External Assets with your Advisor on a regular basis. managed by an investment manager (i.e., where you make the investment decisions). Annuities and life insurance products are not held in your account. Their values are listed in the report for your convenience. Life Insurance Cash Values and Annuity Contract Values are used to calculate classification of Securities Total Portfolio Value. These values are as of "close of one business" day prior to the "as or date For Asset Class. Sector or Size and Style Analysis reports. securities are generally classified by asset class, sector, size and style and. for Fixed Income, maturity. shown. Cash values may not reflect immediately available funds due to loan balances and/or policy changes. Annuity Contract Values may not reflect immediately available funds due to contract • For Size and Style, security classification is as follows: a capitalization breakpoint of $16.25 billion changes. All market values include accrued interest, unless otherwise indicated. defines the size Large Cap, $16.25 billion to $5.34 billion br Mid Cap, and less than $5.34 billion for Small Cap for domestic equity securities. Small/Mid Cap (SMID) is defined as less than $16.25 Performance billion. The style (Growth. Core or Value) for these securities is defined by a proprietary procedure which Account values, cash flows and returns may differ from other sources due to differing methods of pricing. utilizes a series of quantitative and qualitative metrics (e.g., expected earnings growth. analyst coverage. accounting or calculation. This Report is prepared on a trade date basis using accrued income when etc.). sufficient data is available and thus will differ from a report prepared on a settlement date basis (e.g.. - For Equity Sector, security classifications are based on Global Industry Classification Standard your Merrill Lynch account statement). From time to time, asset valuation or transaction data may be ("GIGS"). Source: Morgan Stanley Capital International ("MSCI") and Standard 8 Poor's ("S&P'), a adjusted. which in turn may impact the portfolio performance calculations and other information shown in division of the McGraw Hill Companies, Inc. the report. In addition. if your account(s) holds "when issued securities." which are not valued by Merrill - For Fixed Income. maturity breakpoints are as follows: Short-Term: 0.5 years. Intermediate-Term: 5-15 Lynch until the settlement date, your asset allocation may not be accurately reflected. years. Long-Term greater than 15 years. Rate of returns presented "Net of Fees" reflect the deduction of the Investment Advisory program lee. • For Fixed Income, Non-Securitized US Agency. US Government Sponsored Enterprise, and Super where applicable. The deduction of the Investment Advisory lee. where applicable, is also reflected in National debt are classified as US Government / Quasi Government. All Securitized Agency and the Appreciate/Depreciation section. Other than the applicable program fee, net returns do not reflect Government Sponsored Enterprise debt are classified as Securitized. Accounts Included In this report: Please refer to the Account Lest for accounts ncluded in Ibis report. Report created December 15. 20t 5 for Ruenvnter CNA accounts Page 4 For Informational Purposes Only - Account Statement is Official Record of Holdings. Balances and Security Values EFTA01123918 Important Information About This Report Merrill Lynch Bank of America Corporation • For Fixed Income, bonds are classified as either Investment Grade or High Yield based on the bond's allocations and/or sector information on your Merrill Lynch Reports that differ from how they appear in composite rating as determined by a methodology set out in the Composite Rating Explanation, with the those other institutions. These differences in classification types do not impact the valuation of the exception of bonds pre-refunded or maturity to escrow (including partial redemptions). Bonds pre. External Assets. Allocations reported when a classification is not available for External Accounts and refunded or maturity to escrow (including partial redemptions) are classified as investment grade and External Account Proxies are classified as *other. placed in their respective fixed income sector. Classification details for mutual funds, closed end funds. certain managed accounts. annuities and • Equity Region classifications are based on country of domicile and mapped to Merrill Lynch's RIC External Account Proxies are identified in 'Details for Managed Assets and Pooled Investments' ("Details (Research Investment Committee) global regions. Section"). • Convertible securities and options are classified as Equities. Preferred Stock is classified as Fixed "External Account Proxy" are External Accounts that you have generally identified in the aggregate and Income. Life Insurance products are classified as Other. not by specific holdings. Be sure to periodically review these accounts with your Financial Advisor and When available, Market-Linked Investments are classified by the reference security associated with that advise if there have been any changes to the holdings in or value of these Accounts. market-linked investment for asset class, sector, size and style or maturity. The reference security may When External Accounts and External Account Proxies are included in a Report (as described further in be an individual security, index, or other investment such as a mutual fund or exchange traded fund. the External Assets section of this Report), holdings are generally classified, where available, as For mutual funds. exchange traded funds. closed end funds and the investment options of underlying indicated above. If a classification is not available, External Accounts and External Account Proxies are annuities, the fund may be shown by holdings or, optionally. by profile (fund objective). classified as "Other. When shown by holdings, the fund is classified by the asset class, sector, size and style or maturity If "Portfolio Detail" reports are included, the value shown for mutual funds, exchange traded funds, breakdown (excluding Fixed Income Sectors where applicable) of those holdings. When shown by closed end funds and the investment options of underlying variable annuities is the proportionate dollar profile, the fund is classified by the asset class. sector (excluding Fixed Income Sectors where value of a fund's holdngs, as classified by asset class, sector, size and style or maturity, respectively. applicable), size and style or maturity provided by vendors and mapped to Merrill Lynch's Research Date of Composition Information Obtained for Pooled Investments Investment Committee allocation schema in order to report the industry's or Merrill Lynch's interpretation If the accounts included in this Report hold mutual funds. closed end funds. annuities, and/or other of the objective of the fundfpooled investment vehicle. Note that the data used for this classification is pooled investments. the holdings reported by the fund or carrier as appropriate, as of the date identified obtained from a variety of sources and may not be current (see "Data As Of" date shown in the Details below. are reflected in the Report. Note that mutual funds change their portfolio holdings on a regular Section for the date the portfolio holdings were reported by the fund). (often daily) basis. Accordingly, this Report may not reflect the current composition of the accounts Additionally. Mutual funds. exchange traded funds, closed end funds and the investment options of included. underlying annuities may change their portfolio holdings on a regular (often daily) basis. External Assets Accordingly, any analysis that includes mutual funds, exchange traded funds, closed end funds. and the The following important information is provided to help you better understand the external assets investment options of underlying annuities may not accurately reflect the current composition of these information that has been provided in this Report. if applicable, and to advise you of action you may need funds. The classification of these securities may differ from other sources due to differing methods of to take by periodically reviewing those assets. If selected for inclusion in this Report. external assets are classification (e.g. shown and classified by holdings versus by profile). As such, this Report may differ reflected in the Account List. For purposes of the following information, both External Accounts and from other reports (e.g.. your Merrill Lynch account statement, in which these funds are always shown by External Account Proxies are referred to generally as "External Assets". profile) depending on whether the funds are shown by holdings or by profile in this Report. External Assets may include holdings, values and other information that have been supplied: (1) by you In particular. Non-Traditional Funds (NTFs), mutual funds and exchange traded funds that pursue to your Advisor; (2) by you through My Financial Picture: (or) through My Financial Picture by a third alternative strategies or provide alternative asset exposure. may be classified as alternative investments party service which combines your External Assets and provides that information to Merrill Lynch. when shown by profile, but when shown by holdings, the NTF will be classified by the asset class, sector, size and style or maturity breakdown of its holdings, which may reflect no allocation to alternative External Assets information is not included in every exhbit in this Report. External Assets information is investments. only Included in the following exhbits: • Asset Allocation Overview If the holdings or profile data for mutual funds, exchange traded funds. or closed end funds is not • Asset and Account Allocation available, the fund is classified by its predominant asset class ("Data As Of" date shown as "N/A" in the • Asset Class Analysis Portfolio Summary and Detail Details Section). • Asset Class Analysis Account Summary and Detail If the holdings or profile data for the investment options of underlying annuities is not available, fixed • Sector Analysis Portfolio Summary and Detail annuities and market value adjusted annuities are classified as Fixed Income and variable annuities are • Size and Style Analysis Portfolio Summary and Detail classified as Equities. Note that annuities and life insurance products are not held in your account but • Balances are included here for your information. • Holdings by Product and by Account/Product The Details Section may also provide summary information regarding accounts enrolled in managed • Potential Wealth account programs such as the Investment Advisory Program (utilizing Managed or Custom Managed • Progress to Goals strategies), Consults, BlackRock Private Investors ("BR PI"). and MFA, classification detail for the Please make sure you periodically review your External Assets and if you have provided External managed account is not based on your actual holdings but on the investment style that has been Assets-related information to your Advisor for inclusion in this or other reports and analyses, it is identified for the specific investment manager/style. Your Financial Advisor can also provide a report important that you provide your Advisor with updated values, as appropriate. based on the account's actual holdings. Your Advisor and Merrill Lynch will not update information relating to your External Assets, except for When External Assets are included in a Report (as described further in the External Assets section of pricing information, if pricing information for the particular security is available to Merrill Lynch. Please this Appendix), holdings are generally classified, where available. as indicated above and are based on refer to 'Pricing of Securities" at the end of this Report for additional information. classification types established by Merrill Lynch. The Merrill Lynch classification types may differ from Your MerrillLynch Account Statement is your official record of holdings. balances, and security values for those used at those institutions where your External Assets are maintained. These differences in your accounts at MerrillLynch and sold to you by your Advisor. Any investments sold to you by your classification may cause the External Assets in your External Accounts to be displayed in asset Merrill Lynch Advisor will be included on your Merrill Lynch Account Statement. My information Accounts included in this report: Please refer to the Account List for accounts ncluded in this report. Report Created Decembet 15.2015 for Ruernmkg CM accounts For Informational Purposes Only - Account Statement is Official Record of Holdings. Balances and Security Values Page 5 EFTA01123919 Important Information About This Report Merrill Lynch Bank of America Corporation contained in this Report does not replace or supersede information on your Merrill Lynch Account Statement or any third party account statement for your External Assets. If there is any inconsistent information reflected for the External Assets information included in this Report, please refer to the statement or report sent to you by the third party and notify the Office Management Team at your Merrill Lynch branch office so that we may update the information. Merrill Lynch does not independently verify the accuracy of the information supplied, by you or any third party used through My Financial Picture. Although Merrill Lynch may be providing you with information relating to External Assets. Merrill Lynch does not provide investment advice with respect to External Assets unless otherwise agreed to between you and Merrill Lynch. Asset Allocation Models Where a Merrill Lynch asset allocation model is presented, it is an allocation model developed by BofA- Merrill Lynch Global Research for Merrill Lynch clients. These models represent asset allocation approaches based on certain investor profiles and are subject to change as market conditions change in the future. In addition. Merrill Lynch asset allocation models including alternative investments consider liquidity needs as an important factor in the formation of an asset allocation strategy. Liquidity refers to the ability or timeliness with which assets can be converted into cash. Depending on your personal financial needs and objectives, it is important to consider whether you may need to sell investments to raise cash over varying time horizons. Alternatively, your Advisor may have customized an asset allocation for your specific situation, which may or may not be based on a Merrill Lynch asset allocation model. You should regularly review your asset allocation with your Advisor and your professional advisors. Asset allocation does not assure a profit or protect against a loss in declining markets. Asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns. O2015 Bank of America Corporation. All rights reserved. Accounts Included In this report: Please refer to the Account List for accounts ncluded in this report. Report created December 15.2015 tor Ruemmler CNA accounts Page 6 For Informational Purposes Only - Account Statement is Official Record of Holdings. Balances and Security Values EFTA01123920