Epstein Files

EFTA01464848.pdf

dataset_10 PDF 4.4 MB Feb 4, 2026 145 pages
SOUTHERN FINANCIAL, LLC 6100 RED HOOK QUARTER B3 ST THOMAS 00802 VIRGIN ISLANDS (U.S.) EFTA01464848 EFTA01464849 For the Period 8/1/13 to 8/31/13 Account Summary Account Number Investment Account(s) SOUTHERN FINANCIAL, LLC SOUTHERN FINANCIAL LLC SOUTHERN FINANCIAL, LLC SOUTHERN FINANCIAL, LLC 1 2 Total Value Beginning Net Market Value 71,112,935.51 0.00 23,968,372.41 33.49 $95,081,341.41 Ending Net Market Value 70,977,092.83 0.00 23,664,284.95 0.00 $94,641,377.78 This account summary is provided for informational purposes and includes assets at different entities. (1) Assets held at JPMorgan Chase Bank, N.A., member Federal Deposit Insurance Corporation ("FDIC"), except for exchangelisted options, which are held at 3PMorgan Clearing Corporation ("JPMCC"). The Asset Account Statement reflects brokerage transactions executed through J.P. Morgan Securities LLC ("JPMS"), see "Portfolio Activity Detail". Equity securities, fixed income securities, and listed options transactions are generally cleared through JPMCC, a wholly owned subsidiary of 3PMS. Please see "Additional Information About Your Accounts" at the end of the Asset Account Statement. (2) Assets held in Margin Account at JPMCC, member Financial Regulatory Authority ("FINRA") and Securities Insurance Protection Corporation ("SIPC"). The Margin Account Statement reflects brokerage transactions executed by JPMS, see "Portfolio Activity Detail". Such transactions are cleared and carried through JPMCC. Please see disclosures located at the end of this statement package for important information relating to each 3.P.Morgan account(s). Change EFTA01464850 In Value (135,842.68) 0.00 (304,087.46) (33.49) ($439,963.63) Start on Page 4 52 53 63 Client News A discrepancy was discovered in the display of certain transactions in the pending May month-end statement. All trades and positions have been recorded correctly in your account, and this discrepancy does not impact any holdings or market value(s) in your account(s). If you would like an updated statement for May, please reach out to your J.P. Morgan team. 0000012286.15.0.15.00001.SOUTHAH.20130904 Consolidated Statement Page 1 EFTA01464851 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01464852 For the Period 8/1/13 to 8/31/13 Consolidated Summary INVESTMENT ACCOUNTS Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 41,956,289.07 1,987,600.00 50,227,442.79 $94,171,331.86 910,009.55 $95,081,341.41 Ending Market Value 44,300,328.69 2,021,051.39 47,434,837.61 $93,756,217.69 885,160.09 $94,641,377.78 Change In Value 2,344,039.62 33,451.39 (2,792,605.18) ($415,114.17) (24,849.46) ($439,963.63) Equity Current Portfolio Activity Beginning Market Value Net Contributions/Withdrawals Income & Distributions Change in Investment Value Ending Market Value Accruals Market Value with Accruals Period Value 94,171,331.86 12,466.93 849,387.89 (1,276,968.99) $93,756,217.69 885,160.09 EFTA01464853 $94,641,377.78 Year-to-Date Value 0.00 90,305,445.92 1,460,141.44 1,990,630.33 $93,756,217.69 885,160.09 $94,641,377.78 Estimated 2,514,419.64 Current Annual Income Allocation 47% 2% 1,984,500.56 $4,498,920.20 51% 100% Alternative Assets Cash & Fixed Income Asset Allocation This Consolidated Summary shows all of your investments at J.P. Morgan other than investments we hold in trust for you. These investments may be held in custody or investment management account at JPMorgan Chase Bank, N.A. (the "Bank") or in a brokerage or margin account at J.P. Morgan Clearing Corp. ("JPMCC"). Brokerage and margin accounts are non-discretionary and all investment decisions are made by the client. J.P. Morgan Securities LLC ("JPMS") does not provide advice on asset allocation or investment management services, nor do its personnel take discretion over any client accounts. Such advice and services are provided exclusively by the Bank. Consolidated Statement Page 2 EFTA01464854 For the Period 8/1/13 to 8/31/13 Consolidated Summary INVESTMENT ACCOUNT(S) YEAR-TO-DATE Portfolio Activity SOUTHERN FINANCIAL, LLC SOUTHERN FINANCIAL, LLC Total Value Income Summary SOUTHERN FINANCIAL, LLC SOUTHERN FINANCIAL, LLC Total Value Account Number Beginning Market Value 0.00 0.00 $0.00 Account Number Net Contributions/ Withdrawals 68,068,729.31 22,236,716.61 $90,305,445.92 Income 942,483.55 20,291.16 $962,774.71 'Unrealized Gain/Loss represents data from the time of account inception to the current statement period. Income Other Income & Receipts 497,366.73 $497,366.73 Income & Distributions 942,483.55 517,657.89 $1,460,141.44 Change in Investment Value 1,080,843.24 909,787.09 $1,990,630.33 Realized Gain/Loss EFTA01464855 Short-term 308,178.82 1,902.00 $310,080.82 $155,437.32 Long-term 155,437.32 Ending Market Value with Accruals 70,977,092.83 23,664,284.95 $94,641,377.78 Unrealized Gain/Loss, 1,631,336.11 1,681,573.18 $3,312,909.29 CONTINUED Consolidated Statement Page 3 EFTA01464856 JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Asset Account J.P. Morgan Team Justin Nelson Paul Barrett Janet Young Gina Magliocco Jason Grosse Online access Banker Investment Specialist Client Service Team Client Service Team Client Service Team www.jpmorganonline.com Please see disclosures located at the end of this statement package for important information relating to each J.P.Morgan account(s). Table of Contents Account Summary Holdings Equity Alternative Assets Cash & Fixed Income Portfolio Activity Page 2 4 10 11 20 Account Page 1 of 48 Consolidated Statement Page 4 EFTA01464857 SOUTHERN FINANCIAL, LLC ACCT. • For the Period 8/1/13 to 8/31/13 Account Summary Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 32,270,100.98 1,987,600.00 35,945,348.23 $70,203,049.21 909,886.30 $71,112,935.51 Ending Market Value 35,278,219.09 2,021,051.39 32,792,785.62 $70,092,056.10 885,036.73 $70,977,092.83 Current Portfolio Activity Beginning Market Value Contributions Withdrawals & Fees Securities Transferred In Securities Transferred Out Net Contributions/Withdrawals Income & Distributions Change In Investment Value Ending Market Value Accruals Market Value with Accruals $0.00 501,897.40 (612,890.51) $70,092,056.10 885,036.73 $70,977,092.83 Period Value 70,203,049.21 Change In Value 3,008,118.11 33,451.39 EFTA01464858 (3,152,562.61) ($110,993.11) (24,849.57) ($135,842.68) Year-to-Date Value 0.00 15,362,706.02 (430,430.11) 53,240,793.69 (104,340.29) $68,068,729.31 942,483.55 1,080,843.24 $70,092,056.10 885,036.73 $70,977,092.83 Cash & Fixed Income Estimated 1,600,370.70 Current Annual Income Allocation 50% 3% 1,983,056.26 $3,583,426.96 47% 100% Alternative Assets Equity Asset Allocation Account Page 2 of 48 Consolidated Statement Page 5 EFTA01464859 SOUTHERN FINANCIAL, LLC ACCT. • For the Period 8/1/13 to 8/31/13 Account Summary Income Summary Domestic Dividends/Distributions Foreign Dividends Currency Gain/Loss Interest Income Accrued Interest Current Year Income CONTINUED Current Period Value 161,006.25 172,171.59 168,719.56 $501,897.40 Year-to-Date Value 625,538.75 54,375.00 (376,641.71) 761,154.64 (121,943.13) $942,483.55 Unrealized Gain/Loss ST Realized Gain/Loss LT Realized Gain/Loss Realized Gain/Loss Current Period Value 16,509.61 6,937.32 $23,446.93 Year-to-Date Value 308,178.82 155,437.32 $463,616.14 To-Date Value $1,631,336.11 Cost Summary Equity Cash & Fixed Income Total 32,052,239.95 Cost 34,082,916.48 $66,135,156.43 Account Page 3 of 48 Consolidated Statement Page 6 EFTA01464860 EFTA01464861 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Equity Summary Asset Categories US Large Cap Equity US Small/Mid Cap Equity Non-US Equity European Large Cap Equity Emerging Market Equity Preferred Stocks Concentrated & Other Equity Total Value Market Value/Cost Market Value Cost Unrealized Gain/Loss Estimated Annual Income Accrued Dividends Yield Beginning Market Value 4,011,215.61 909,500.00 3,851,991.91 1,992,600.00 878,712.86 5,599,378.28 15,026,702.32 $32,270,100.98 Ending Market Value 3,973,273.78 938,500.00 3,506,921.96 1,962,200.00 833,168.31 8,600,970.99 15,463,184.05 $35,278,219.09 Current Period Value 35,278,219.09 34,082,916.48 912,036.06 1,600,370.70 256,594.25 4.52% Equity as a percentage of your portfolio - 50 % Preferred Stocks Change In Value EFTA01464862 (37,941.83) 29,000.00 (345,069.95) (30,400.00) (45,544.55) 3,001,592.71 436,481.73 $3,008,118.11 Current Allocation 6% 1% 5% 3% 1% 12% 22% 50% US Large Cap Equity European Large Cap Equity US Small/Mid Cap Equity Emerging Market Equity Non-US Equity Concentrated & Other Equity Asset Cate ories Account Page 4 of 48 Consolidated Statement Page 7 EFTA01464863 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Note: Unrealized Gain/Loss is shown as "N/A" in cases where we do not have appropriate cost information for all tax lots comprising the position. Please contact your J.P. Morgan team for additional information. ** Equity Detail Price US Large Cap Equity ARIAD PHARMACEUTICALS INC BIOGEN IDEC INC FACEBOOK INC-A GENERAL ELECTRIC CO 04033A-10-0 ARIA 213.02 09062X-10-3 BIIB 41.29 30303M-10-2 FB 23.14 369604-10-3 GE JPM VALUE ADVANTAGE FD - INSTL FUND 1400 4812A2-58-7 JVAI X Total US Large Cap Equity $3,973,273.78 $3,702,561.43 $270,712.35 $37,472.12 0.94% 24.96 78,709.170 1,964,580.88 2,000,000.00 (35,419.12) 19,992.12 1.02% 23,000.000 532,220.00 496,109.08 36,110.92 17,480.00 3.28% 17,500.000 722,645.00 665,000.00 57,645.00 2,095.000 446,276.90 250,454.95 EFTA01464864 195,821.95 18.60 16,535.000 307,551.00 290,997.40 16,553.60 Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield US Small/Mid Cap Equity DEUTSCHE BK AG LDN BRH 8.90 DBL LONG ETN38 25154H-55-8 DAG 50,000.000 445,000.00 352,529.00 92,471.00 Account Page 5 of 48 Consolidated Statement Page 8 EFTA01464865 SOUTHERN FINANCIAL, LLC ACCT. • For the Period 8/1/13 to 8/31/13 Price US Small/Mid Cap Equity SANGAMO BIOSCIENCES INC Total US Small/Mid Cap Equity 800677-10-6 SGMO $938,500.00 $774,743.00 $163,757.00 $0.00 0.00% 9.87 50,000.000 493,500.00 422,214.00 71,286.00 Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Non-US Equity ACCOR SA 37.72 ISIN FR0000120404 SEDOL 5852842 F00189-90-6 UR ADECCO SA-REG ISIN CH0012138605 SEDOL 7110720 H00392-92-0 HF AUTOGRILL SA ISIN IT000113734 SEDOL 5256206 T8347V-91-5 UR BNP PARIBAS ISIN FR0000131104 SEDOL 7309681 F07875-90-3 UR CARREFOUR SUPERMARCHE ISIN FR0000120172 SEDOL 5641567 F13923-90-3 UR COCA-COLA HBC AG ISIN CH0198251305 SEDOL B9895B7 588874-91-7 BP COMPAGNIE DE SAINT-GOBAIN ISIN FR0000125007 SEDOL 7380482 F80343-95-1 UR Account Page 6 of 48 Consolidated Statement Page 9 EFTA01464866 46.60 6,750.000 314,545.43 319,967.65 (5,422.22) 27.57 11,300.000 311,493.05 331,777.88 (20,284.83) 31.23 10,500.000 327,925.92 329,196.98 (1,271.06) 62.52 5,000.000 312,607.09 329,132.36 (16,525.27) 15.74 21,400.000 336,923.38 333,823.48 3,099.90 62.85 4,900.000 307,957.95 339,220.24 (31,262.29) 8,750.000 330,037.33 337,612.87 (7,575.54) EFTA01464867 SOUTHERN FINANCIAL, LLC ACCT. • For the Period 8/1/13 to 8/31/13 Price Non-US Equity FRAPORT AG ISIN DE0005773303 SEDOL 7107551 D3856U-90-0 UR JC DECAUX INTERNATIONAL ISIN FR0000077919 SEDOL 7136663 F5333N-91-0 UR LLOYDS BANKING GROUP PLC ISIN GB0008706128 SEDOL 0870612 G91101-10-8 BP RENAULT SA ISIN FR0000131906/SEDOL 4712798 759994-90-8 UR Total Non-US Equity $3,506,921.96 $3,637,834.94 ($130,912.98) $0.00 0.00% 71.31 4,000.000 285,239.55 317,870.23 (32,630.68) 1.12 291,000.000 326,582.03 343,600.28 (17,018.25) 33.43 10,000.000 334,265.09 327,986.80 6,278.29 Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 63.87 5,000.000 319,345.14 327,646.17 (8,301.03) EFTA01464868 European Large Cap Equity HSBC CONT BUFF EQ SX5E 08/29/14 98.11 80% EKO BARRIER- 4%CPN 17% CAP INITIAL LEVEL-05/24/13 SX5E:2764.29 40432X-FP-1 2,000,000.000 1,962,200.00 2,000,000.00 (37,800.00) Account Page 7 of 48 Consolidated Statement Page 10 EFTA01464869 SOUTHERN FINANCIAL, LLC ACCT. • For the Period 8/1/13 to 8/31/13 Price Emerging Market Equity 3PM LATIN AMERICA FD - SEL FUND 3815 4812A3-47-8 JLTS X Preferred Stocks ALLY FINANCIAL INC 8 1/2% PFD 02005N-30-8 ALLYPB NA /CAA GMAC CAPITAL TRUST I PFD STK 8 1/8% 361860-20-8 ALLYPA ROYAL BANK SCOTLAND GROUP PLC ADR NON-CUMULATIVE 780097-71-3 RBS PT NA /P-2 VOLKSWAGEN AG PFD ISIN DE0007664039 SEDOL 5497168 928662-92-3 UR Total Preferred Stocks $8,600,970.99 $7,929,703.71 $671,267.28 $648,432.00 7.54% 227.26 1,400.000 318,164.99 340,287.60 (22,122.61) 22.94 120,000.000 2,752,800.00 2,924,400.00 (171,600.00) 217,560.00 7.90% 26.54 80,000.000 2,123,200.00 1,882,773.60 240,426.40 162,480.00 7.65% Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss EFTA01464870 Est. Annual Inc. Accrued Div. Yield 16.83 49,504.950 833,168.31 1,000,000.00 (166,831.69) 841.58 0.10% 26.91 126,600.000 3,406,806.00 2,782,242.51 624,563.49 268,392.00 7.88% Concentrated & Other Equity BANK OF AMERICA CORP 110.17 8 1/8% PFD STK DEC 29 2049 DTD 04/30/2008 060505-DT-8 BB+ /B1 2,000,000.000 2,203,400.00 2,081,180.56 122,219.44 162,500.00 47,846.00 7.32% Account Page 8 of 48 Consolidated Statement Page 11 EFTA01464871 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Price Concentrated & Other Equity GENERAL ELEC CAP CORP 7.125% DEC 15 2049 DTD 06/12/2012 369622-SN-6 AA- /BAA GENERAL MOTORS CO CV PFD B 37045V-20-9 GM PB JPMORGAN CHASE & CO 7.9% PFD STK APR 30 2049 DTD 04/23/2008 46625H-HA-1 BBB /BA1 JPMORGAN CHASE & CO VAR RT 07/24/2013 DTD 07/29/2013 48126H-AA-8 BBB /BA1 LONG TOTAL RETURN SWAP 1,999,999.368942 USD NOTIONAL KOSPTREQ INDEX MAT MAR 20 2014 DEAL 30140386 N/O Client SWPBDR-UH-6 MS MARKET PLUS MRK 08/20/14 80% EKO BARRIER- 3.55%CPN ,UNCAPPED INITIAL LEVEL-02/14/13 MRK:41.19 61761J -DA-4 Total Concentrated & Other Equity $15,463,184.05 $15,038,073.40 $141,844.10 $913,625.00 $256,594.25 5.87% 112.21 1,000,000.000 1,122,050.00 1,000,000.00 122,050.00 1.00 888,972.000 283,266.55 N/A ** N/A 110.04 5,000,000.000 5,502,050.00 5,498,006.95 4,043.05 EFTA01464872 395,000.00 132,760.00 94.69 750,000.000 710,137.50 750,000.00 (39,862.50) 45,000.00 3,750.00 7.12% 48.66 71,000.000 3,454,860.00 3,585,969.22 (131,109.22) 168,625.00 42,156.25 4.88% Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 109.37 2,000,000.000 2,187,420.00 2,122,916.67 64,503.33 142,500.00 30,082.00 6.45% 6.38% Account Page 9 of 48 Consolidated Statement Page 12 EFTA01464873 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Alternative Assets Summary Beginning Asset Categories Hard Assets Estimated Value 1,987,600.00 Alternative Assets Detail Price Hard Assets SG MARKET PLUS WTI CRUDE 08/05/14 LNKD TO CL1 78.75% BARRIER- 10%CPN ,UNCAPPED INITIAL LEVEL-07/25/13 CL1:105.68 78423E-HS-6 WTI CALL OPTION USD PUT OPTION STRIKE 110.00 EXPIRING 02/14/2014 250,000 BARRELS OTCBDC-PH-K WTI PUT OPTION USD CALL OPTION STRIKE 93.50, KI @ EXP 83.50 EXPIRING 02/14/2014 250,000 BARRELS OTCBDP-KG-F Total Hard Assets $2,021,051.39 $2,000,000.00 Account Page 10 of 48 Consolidated Statement Page 13 1.00 (250.000) (673,092.34) (562,500.00) 1.00 250.000 697,543.73 562,500.00 99.83 2,000,000.000 1,996,600.00 2,000,000.00 Quantity Estimated Value Cost Ending Estimated Value EFTA01464874 2,021,051.39 Change In Value 33,451.39 Current Allocation 3% EFTA01464875 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Cash & Fixed Income Summary Beginning Asset Categories Cash Non-USD Cash US Fixed Income Non-US Fixed Income Complementary Structured Strategies Foreign Exchange Contracts Total Value Market Value/Cost Market Value Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield Market Value 4,452,801.94 (204,969.06) 24,368,521.90 3,089,156.20 4,159,761.47 80,075.78 $35,945,348.23 Ending Market Value 1,645,091.62 373,398.54 23,908,322.34 2,970,682.30 3,852,993.10 42,297.72 $32,792,785.62 Current Period Value 32,792,785.62 32,052,239.95 698,248.66 1,983,056.26 628,442.48 6.52% Cash & Fixed Income as a percentage of your portfolio 47 % Change In Value (2,807,710.32) 578,367.60 (460,199.56) (118,473.90) EFTA01464876 (306,768.37) (37,778.06) ($3,152,562.61 ) Current Allocation 2% 1% 34% 4% 5% 1% 47% Foreign Exchange Contracts Non-USD Cash Non-US Fixed Income Cash Complementary Structured Strategies Asset Categories US Fixed Income Account Page 11 of 48 Consolidated Statement Page 14 EFTA01464877 SOUTHERN FINANCIAL, LLC ACCT. • For the Period 8/1/13 to 8/31/13 SUMMARY BY MATURITY 1 Cash & Fixed Income 0-6 months 1-5 years' 5-10 years' 10+ years' Total Value 1 SUMMARY BY TYPE Market Value 4,268,133.26 3,853,100.00 8,613,731.00 16,015,523.64 $32,750,487.90 % of Bond Portfolio 13% 11% 26% 50% 100% The years indicate the number of years until the bond is scheduled to mature based on the statement end date. Some bonds may be called, or paid in full, before their stated maturity. Cash & Fixed Income Cash NON USD Cash Corporate Bonds International Bonds Mortgage and Asset Backed Bonds Complementary Structure Total Value Market Value 1,645,091.62 373,398.54 11,399,293.00 8,201,713.30 7,277,998.34 3,852,993.10 $32,750,487.90 % of Bond Portfolio 5% 1% 36% EFTA01464878 25% 22% 11% 100% Account Page 12 of 48 Consolidated Statement Page 15 EFTA01464879 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Cash & Fixed Income Summary NET FX CONTRACTS EXPOSURE SUMMARY Value in Currency CANADIAN DOLLAR JAPANESE YEN (5,000,000.00) 468,650,000.00 Note: P indicates position adjusted for Pending Trade Activity. 1 Cash & Fixed Income Detail Price Cash US DOLLAR PROCEEDS FROM PENDING SALES Total Cash 1.00 1.00 1,394,841.62 250,250.00 1,394,841.62 250,250.00 $1,645,091.62 1,394,841.62 250,250.00 $1,645,091.62 $0.00 $139.48 $19.71 Non-USD Cash CANADIAN DOLLAR 0.01% 139.48 19.71 0.01% 1 Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield This is the Annual Percentage Yield (APY) which is the rate earned if balances remain on deposit for a full year with compounding, there is no change in the interest rate and all interest is left in the account. EFTA01464880 0.95 0.01 0.01 0.01 Account Page 13 of 48 Consolidated Statement Page 16 EFTA01464881 SOUTHERN FINANCIAL, LLC ACCT. • For the Period 8/1/13 to 8/31/13 Price Non-USD Cash SWISS FRANC EURO PRINCIPAL CURRENCY Total Non-USD Cash Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 1.07 1.32 0.01 0.01 283,178.22 373,398.52 $373,398.54 0.01 377,195.09 $377,195.11 (3,796.57) ($3,796.57) $0.00 0.00% US Fixed Income HEADWATERS INC 106.50 7.625 04/01/2019 DTD 03/11/2011 42210P-AQ-5 B+ /B2 EARTHLINK INC 8 7/8% MAY 15 2019 DTD 05/17/2011 270321-AC-6 CCC /B3 KINDRED HEALTHCARE INC 8 1/4% JUN 01 2019 DTD 06/01/2011 494580-AB-9 NR /B3 SERVICEMASTER COMPANY 8% FEB 15 2020 DTD 02/13/2012 81760N -AN-9 CCC /CAA LLOYDS TSB BANK PLC MTN 9 7/8% DEC 16 2021 DTD 12/16/2011 HELD BY EUROCLEAR EFTA01464882 ISIN XS0717735822 SEDOL B7FQXT1 G4715J-9D-3 BBB /BA1 95.50 2,500,000.00 2,387,500.00 2,665,625.00 (278,125.00) 200,000.00 8,887.50 119.29 1,500,000.00 1,789,380.00 1,627,500.00 161,880.00 148,125.00 104,920.50 8.93% 105.00 2,000,000.00 2,100,000.00 1,966,250.00 133,750.00 165,000.00 41,250.00 7.17% 96.52 1,000,000.00 965,200.00 1,033,500.00 (68,300.00) 1,000,000.00 1,065,000.00 1,035,000.00 30,000.00 76,250.00 31,770.00 88,750.00 26,131.00 6.23% 9.68% 6.75% Account Page 14 of 48 Consolidated Statement Page 17 EFTA01464883 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Price US Fixed Income BARCLAYS BANK PLC 7.750% 04/10/2023 DTD 04/10/2013 06739F-HK-0 BB+ /NR HOMEBANC MORTGAGE TRUST 2004-1 CL 1M1 VAR RT 08/25/2029 DTD 07/30/2004 43739E-AC-1 CCC /CA SEQUOIA MORTGAGE TRUST 11 CL B1 VAR RT 12/20/2032 DTD 10/30/2002 81744A-AB-4 CCC /CAA COUNTRYWIDE HOME LOANS 2003-1 CL B1 5.750% 03/25/2033 DTD 01/01/2003 12669D-YS-1 STRUCTURED ASSET SECURITIES CO 2003-10 CL B2 6.000% 04/25/2033 DTD 03/28/2003 86359A-QW-6 CCC / COUNTRYWIDE HOME LOANS 2003-26 CL B1 5.33684% 08/25/2033 DTD 06/01/2003 12669E-RR-9 IMPAC CMB TRUST 2005-2 CL 1M2 VAR RT 04/25/2035 DTD 03/03/2005 45254N-NC-7 CC /CA CHASE MORTGAGE FINANCE CORPORATION REMIC 2007-A1 CL 2A4 2.99199% 02/25/2037 DTD 02/01/2007 161630-AK-4 CCC /CA Account Page 15 of 48 Consolidated Statement Page 18 95.21 1,828,512.97 1,741,000.34 1,618,233.98 122,766.36 54,708.92 4,558.48 3.39% 62.56 82.93 1,347,212.31 1,542,857.02 842,816.02 1,279,429.61 1,037,353.47 EFTA01464884 1,076,142.77 (194,537.45) 203,286.84 7,191.79 598.16 14,317.71 41.65 6.69% 4.44% 93.34 936,183.76 873,805.84 936,183.76 (62,377.92) 56,171.02 4,680.91 7.88% 94.04 1,258,961.92 1,183,864.84 1,202,308.63 (18,443.79) 72,390.31 6,031.68 6.19% 74.53 1,027,327.76 765,626.28 757,654.23 7,972.05 16,983.78 93.48 5.81% 61.55 960,981.70 591,455.41 540,552.21 50,903.20 Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 102.22 300,000.00 306,651.00 300,000.00 EFTA01464885 6,651.00 23,250.00 9,106.20 10,606.35 17.29 7.42% 3.69% EFTA01464886 SOUTHERN FINANCIAL, LLC ACCT. • For the Period 8/1/13 to 8/31/13 Price US Fixed Income P ZIONS BANCORPORATION VAR RT 09/29/2049 DTD 08/13/2013 989701-BF-3 LBG CAPITAL NO.1 PLC 144A VAR RT 12/29/2049 DTD 12/15/2009 HELD BY EUROCLEAR ISIN XS0473106283 SEDOL B51C139 50178R-9A-1 BB- /NA GENERAL ELEC CAP CORP 5.250% 12/31/2049 DTD 05/29/2013 369622-ST-3 AA- /BAA SOUTHERN CAL EDISON 6 1/4% DEC 31 2049 DTD 01/17/2012 842400-FU-2 BBB /BAA Total US Fixed Income 105.15 3,000,000.00 3,154,560.00 3,016,649.17 137,910.83 91.30 1,400,000.00 1,278,158.00 1,400,000.00 (121,842.00) 73,500.00 17,966.20 187,500.00 15,624.00 $23,908,322.34 $23,910,453.22 ($2,130.88) $1,467,144.88 $338,281.05 Non-US Fixed Income PETROLEOS DE VENEZUELA S 8 1/2% NOV 02 2017 DTD 10/29/2010 HELD BY EUROCLEAR ISIN USP7807HAK16 SEDOL BSSCOL3 716550-9A-8 B /NA 5.83% 5.90% 104.50 3,000,000.00 3,135,000.00 EFTA01464887 3,247,500.00 (112,500.00) 99.75 450,000.00 448,875.00 450,000.00 (1,125.00) 32,400.00 15,940.00 240,000.00 50,664.00 7.22% 7.63% Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 6.61% 89.99 2,500,000.00 2,249,750.00 2,262,750.00 (13,000.00) 212,500.00 70,242.50 11.58% Account Page 16 of 48 Consolidated Statement Page 19 EFTA01464888 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Price Non-US Fixed Income REPUBLIC OF ARGENTINA -ARS NOTES DEC 15 2035 DTD 11/01/2005 HELD BY EUROCLEAR ISIN ARARGEO3E147 SEDOL BOS5SP7 042993-9R-8 RS REPUBLIC OF ARGENTINA NOTES DEC 15 2035 DTD 11/01/2005 HELD BY EUROCLEAR ISIN US040114GM64 SEDOL B2PDMW3 042993-9S-6 Total Non-US Fixed Income $2,970,682.30 $3,619,500.00 ($648,817.70) $515,771.90 $286,267.22 Complementary Structured Strategies JPY CALL CAD PUT FX EUROPEAN STYLE OPTION OCT 08, 2013 @ 76.9 AT EXP KI @ 69.65 XJPYCA-TZ-Z AD JPY CALL USD PUT FX EUROPEAN STYLE OPTION SEP 10, 2013 @ 97.25 AT EXP KI @94.75 XJPYCA-UI-Z (486,250,000.00 ) (10,646.84) (85,000.00) 74,353.16 18.87% 7.43 7,500,000.00 556,875.00 1,038,750.00 (481,875.00) 237,652.50 169,282.50 42.20% Quantity Value Adjusted Cost Original Cost Unrealized EFTA01464889 Gain/Loss Est. Annual Income Accrued Interest Yield 1.64 10,000,000.00 164,057.30 318,000.00 (153,942.70) 65,619.40 46,742.22 39.66% (769,000,000.00 ) (0.71) (336,952.82) 336,952.82 Account Page 17 of 48 Consolidated Statement Page 20 EFTA01464890 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Price Complementary Structured Strategies JPY PUT CAD CALL FX EUROPEAN STYLE OPTION OCT 08, 2013 @ 80.9 XJPYPB-EX-Z AD JPY PUT USD CALL FX EUROPEAN STYLE OPTION SEP 10, 2013 @ 100. XJPYPB-FJ-Z JPY PUT USD CALL FX EUROPEAN STYLE OPTION SEP 10, 2013 @ 105. XJPYPB-FK-Z GS MXN STEP UP NOTE 11/22/13 LNKD TO MXN VS USD 85%BARRIER- 5% ATM CPN-22.9%MXRTRN 11/08/12, INITIAL STRIKE: 13.11925 38141G-HY-3 3PM 3YR NC CLN TO MTOR 04/16/15 INITIAL RATE 6.20% CPN DD 04/16/12 4662A0-4Q-1 Total Complementary Structured Strategies $3,852,993.10 $2,500,000.00 $1,352,993.81 $0.00 $3,874.50 0.00% 106.89 1,500,000.00 1,603,350.00 1,500,000.00 103,350.00 3,874.50 101.87 1,000,000.00 1,018,690.00 1,000,000.00 18,690.00 (500,000,000.00 ) (65.94) (36,500.00) 36,434.06 500,000,000.00 12,369.70 121,500.00 (109,130.30) EFTA01464891 Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 0.15 809,000,000.00 1,229,296.89 336,952.82 892,344.07 Account Page 18 of 48 Consolidated Statement Page 21 EFTA01464892 SOUTHERN FINANCIAL, LLC ACCT. • For the Period 8/1/13 to 8/31/13 Market Value Receivable Trade Date Foreign Exchange Contracts CANADIAN DOLLAR JAPANESE YEN Currency Settlement Date Counter Currency Amount Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loss Aug. 23 13 Oct. 10 13 CAD JPY (5,000,000.00) 468,650,000.00 93.730000 92.900150 4,777,445.75 4,735,148.03 42,297.72 Account Page 19 of 48 Consolidated Statement Page 22 EFTA01464893 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Portfolio Activity Summary - U S Dollar Beginning Cash Balance Current Transactions INFLOWS Income Contributions Foreign Exchange - Inflows Total Inflows OUTFLOWS ** Withdrawals Foreign Exchange - Outflows Total Outflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance 2,506,746.39 (2,717,730.00) ($210,983.61) $1,394,841.62 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position 31,253,042.44 (42,387,703.92) ($11,134,661.48) -(3,368,535.93) ($3,368,535.93) 297,447.51 $627,173.32 Period Value 4,347,187.84 329,725.81 Year-To-Date Value* -1,294,677.15 14,227,338.26 6,414,663.17 $21,936,678.58 (430,430.11) (8,976,745.37) ($9,407,175.48) Current Cost Adjustments EFTA01464894 Cost Adjustments Total Cost Adjustments Period Value 93,145.83 $93,145.83 Year-To-Date Value* 6,129,741.97 $6,129,741.97 Current Securities Transferred In/Out Securities Transferred In Securities Transferred Out Period Value Year-To-Date Value* 52,196,971.85 (104,340.29) Account Page 20 of 48 Consolidated Statement Page 23 EFTA01464895 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method Income 8/1 8/1 8/1 8/8 8/8 8/15 8/15 8/15 8/19 8/20 8/26 Div Domest Interest Income Interest Income Accrued Int Recd Accrued Int Recd Div Domest Corporate Interest Interest Income Accrued Int Recd Corporate Interest Corporate Interest Description SOUTHERN CAL EDISON 6 1/4% DEC 31 2049 DTD 01/17/2012 (ID: 842400-FU-2) DEPOSIT SWEEP INTEREST FOR 07/01/13 - 07/31/13 @ .01% RATE ON AVG COLLECTED BALANCE OF $7,860,019.43 AS OF 08/01/13 CLIFFS NATURAL RESOURCES CV PFD 7% @ 0.4375 PER SHARE (ID: 18683K-40-8) TO REVERSE ENTRY OF 05/30/2013 IMPAC CMB TRUST SER 2005-2 CL 1M1 VAR RT 04/25/2035 DTD 03/03/2005 AS OF 05/30/13 (ID: 45254N-NB-9) IMPAC CMB TRUST SER 2005-2 CL 1M1 VAR RT 04/25/2035 DTD 03/03/2005 (ID: 45254N-NB-9) ALLY FINANCIAL INC 8 1/2% PFD @ 0.53125 PER SHARE (ID: 02005N-30-8) SERVICEMASTER COMPANY 8% FEB 15 2020 DTD 02/13/2012 (ID: 81760N-AN-9) GMAC CAPITAL TRUST I PFD STK 8 1/8% @ 0.507813 PER SHARE (ID: 361860-20-8) ZIONS BANCORPORATION VAR RT 09/29/2049 DTD 08/13/2013 (ID: 989701-BF-3) SEQUOIA MORTGAGE TRUST 11 CL B1 VAR RT EFTA01464896 12/20/2032 DTD 10/30/2002 (ID: 81744A-AB-4) COUNTRYWIDE HOME LOANS 2003-1 CL 81 5.750% 03/25/2033 DTD 01/01/2003 (ID: 12669D-YS-1) 1,580,099.390 126,600.000 2,500,000.000 80,000.000 50,000.000 1,032,091.287 1,334,646.920 0.531 0.04 0.508 0.001 0.001 0.005 Account Page 21 of 48 36.78 67,256.25 100,000.00 40,625.04 60.00 1,416.14 6,425.66 Consolidated Statement Page 24 6,000.000 1,580,099.390 0.438 2,625.00 (36.79) Quantity Cost 3,000,000.000 Per Unit Amount 0.031 Amount 93,750.00 65.73 EFTA01464897 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Type Settle Date Selection Method Income 8/26 8/26 8/26 8/26 8/26 Corporate Interest Corporate Interest Corporate Interest Corporate Interest Corporate Interest Total Income Type Settle Date Selection Method Foreign Exchange - Inflows Spot FX 8/28 Description SPOT CURRENCY TRANSACTION - SELL BUY USD SELL JPY EXCHANGE RATE 97.160000000 DEAL 08/27/13 VALUE 08/28/13 (ID: 0JPYPR-AA-9) Quantity Cost (28,900,000.000 ) (295,788.34) Description COUNTRYWIDE HOME LOANS 2003-26 CL B1 5.33684% 08/25/2033 DTD 06/01/2003 (ID: 12669E-RR-9) CHASE MORTGAGE FINANCE CORPORATION REMIC 2007-A1 CL 2A4 2.99199% 02/25/2037 DTD 02/01/2007 (ID: 161630-AK-4) HOMEBANC MORTGAGE TRUST 2004-1 CL 1M1 VAR RT 08/25/2029 DTD 07/30/2004 (ID: 43739E-AC-1) IMPAC CMB TRUST 2005-2 CL 1M2 VAR RT 04/25/2035 DTD 03/03/2005 (ID: 45254N-NC-7) STRUCTURED ASSET SECURITIES CO 2003-10 CL B2 6.000% 04/25/2033 DTD 03/28/2003 (ID: 86359A-QW-6) $329,725.81 971,761.274 1,552,704.830 961,788.930 0.001 0.001 0.005 882.71 1,276.71 EFTA01464898 4,808.94 Quantity Cost 1,377,374.577 1,937,113.840 Per Unit Amount 0.004 0.002 Amount 6,145.27 4,388.37 Amount 297,447.51 Account Page 22 of 48 Consolidated Statement Page 25 EFTA01464899 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Type Settle Date Selection Method Foreign Exchange - Outflows Spot FX 8/5 8/7 8/8 8/8 8/9 8/14 8/14 8/14 8/14 Spot FX Spot FX Spot FX Spot FX Spot FX Spot FX Spot FX Spot FX Description SPOT CURRENCY TRANSACTION - BUY BUY EUR SELL USD EXCHANGE RATE 1.327000000 DEAL 08/01/13 VALUE 08/05/13 (ID: OEURPR-AA-9) LINKED CURRENCY TRANSACTION - BUY BUY EUR SELL USD EXCHANGE RATE 1.326300000 DEAL 08/05/13 VALUE 08/07/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - BUY BUY GBP SELL USD EXCHANGE RATE 1.536300000 DEAL 08/05/13 VALUE 08/08/13 (ID: OGBPPR-CV-1) LINKED CURRENCY TRANSACTION - BUY BUY GBP SELL USD EXCHANGE RATE 1.536300000 DEAL 08/05/13 VALUE 08/08/13 (ID: OGBPPR-CV-1) SPOT CURRENCY TRANSACTION - BUY BUY EUR SELL USD EXCHANGE RATE 1.337500000 DEAL 08/09/13 VALUE 08/09/13 (ID: OEURPR-AA-9) LINKED CURRENCY TRANSACTION - BUY BUY GBP SELL USD EXCHANGE RATE 1.551890000 DEAL 08/09/13 VALUE 08/14/13 (ID: OGBPPR-CV-1) LINKED CURRENCY TRANSACTION - BUY BUY CHF SELL USD EXCHANGE RATE .921588000 DEAL 08/09/13 VALUE 08/14/13 (ID: OCHFPR-CV-6) LINKED CURRENCY TRANSACTION - BUY BUY EUR SELL USD EXCHANGE RATE 1.331800000 DEAL 08/12/13 VALUE 08/14/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - BUY BUY EUR SELL USD EXCHANGE RATE 1.331800000 DEAL 08/12/13 VALUE 08/14/13 (ID: OEURPR-CV-1) EFTA01464900 123,680.680 164,717.93 (164,717.93) 130,101.380 173,269.02 (173,269.02) 154,970.960 168,156.44 (168,156.44) 108,325.320 168,108.98 (168,108.98) 95,681.360 128,074.29 (127,973.82) 114,424.210 175,789.91 (175,789.91) 1,126.450 1,730.57 (1,730.57) 122,844.180 162,928.24 (162,928.24) Quantity Cost 154,361.730 204,838.02 Amount (204,838.02) Account Page 23 of 48 Consolidated Statement Page 26 EFTA01464901 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Type Settle Date Selection Method Foreign Exchange - Outflows Spot FX 8/15 8/15 8/15 8/15 Spot FX Spot FX Spot FX Description SPOT CURRENCY TRANSACTION - BUY BUY EUR SELL USD EXCHANGE RATE 1.332006000 DEAL 08/12/13 VALUE 08/15/13 (ID: OEURPR-AA-9) LINKED CURRENCY TRANSACTION - BUY BUY GBP SELL USD EXCHANGE RATE 1.548290000 DEAL 08/12/13 VALUE 08/15/13 (ID: OGBPPR-CV-1) LINKED CURRENCY TRANSACTION - BUY BUY GBP SELL USD EXCHANGE RATE 1.548290000 DEAL 08/12/13 VALUE 08/15/13 (ID: OGBPPR-CV-1) LINKED CURRENCY TRANSACTION - BUY BUY CHF SELL USD EXCHANGE RATE .924191000 DEAL 08/12/13 VALUE 08/15/13 (ID: OCHFPR-AA-4) Total Foreign Exchange - Outflows ($3,368,535.93) 158,095.620 171,063.80 (171,063.80) 105,709.460 163,668.90 (163,668.90) 107,266.600 166,079.80 (166,079.80) Quantity Cost 1,141,294.030 1,520,210.50 Amount (1,520,210.50) Account Page 24 of 48 Consolidated Statement Page 27 EFTA01464902 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 TRADE ACTIVITY Note: Trade Date Settle Date 7/24 8/1 7/24 8/2 7/31 8/5 8/1 8/6 8/2 8/7 8/2 8/7 8/2 8/7 5/23 8/8 L indicates Long Term Realized Gain/Loss S indicates Short Term Realized Gain/Loss * Settled transaction was initiated in prior statement period and settled in current statement period Type Selection Method Description Settled Sales/Maturities/Redemptions Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost JONES ENERGY INC - A @ 14.263229 99,842.60 BROKERAGE 280.00 TAX &/OR SEC 1.74 J.P. MORGAN SECURITIES LLC (ID: 48019R-10-8) GRANA Y MONTERO SA - ADR @ 21.542143 150,795.00 BROKERAGE 280.00 TAX &/OR SEC 2.63 J.P. MORGAN SECURITIES LLC (ID: 38500P-20-8) EFTA01464903 COUSINS PROPERTIES INC @ 10.385268 103,852.68 BROKERAGE 400.00 TAX &/OR SEC 1.81 J.P. MORGAN SECURITIES LLC (ID: 222795-10-6) AMERICAN HOMES 4 RENT- A @ 15.560867 233,413.01 BROKERAGE 600.00 TAX &/OR SEC 4.07 J.P. MORGAN SECURITIES LLC (ID: 02665T-30-6) BOYD GAMING CORP @ 12.25 49,000.00 BROKERAGE 160.00 TAX &/OR SEC .86 J.P. MORGAN SECURITIES LLC (ID: 103304-10-1) LIBERTY PROPERTY TRUST S/B/I @ 36.00 270,000.00 BROKERAGE 300.00 TAX &/OR SEC 4.70 J.P. MORGAN SECURITIES LLC (ID: 531172-10-4) VANTIV INC - CL A @ 26.343917 158,063.50 BROKERAGE 240.00 TAX &/OR SEC 2.76 J.P. MORGAN SECURITIES LLC (ID: 92210H-10-5) TO REVERSE ENTRY OF 05/30/2013 IMPAC CMB TRUST SER 2005-2 CL 1M1 VAR RT 04/25/2035 DTD 03/03/2005 @ 78.125 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 10,000,000.00 AS OF 05/30/13 (ID: 45254N-NB-9) Account Page 25 of 48 Consolidated Statement Page 28 1,580,099.390 79.372 (1,254,163.83) 1,106,069.20 (148,094.63) S* (6,000.000) 26.303 157,820.74 (154,500.00) 3,320.74 S (7,500.000) 35.959 269,695.30 (270,000.00) (304.70) S (4,000.000) 12.21 48,839.14 (48,000.00) 839.14 S (15,000.000) 15.521 232,808.94 (240,000.00) (7,191.06) S (10,000.000) 10.345 103,450.87 (100,000.00) EFTA01464904 3,450.87 S* (7,000.000) 21.502 150,512.37 (147,910.00) 2,602.37 S* Quantity (7,000.000) Per Unit Amount 14.223 Proceeds 99,560.86 Cost (105,000.00) Realized Gain/Loss (5,439.14) S* EFTA01464905 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Trade Date Settle Date 5/23 8/8 8/7 8/12 8/8 8/13 8/8 8/13 8/8 8/13 8/8 8/14 8/8 8/14 8/9 8/14 8/9 8/14 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost IMPAC CMB TRUST SER 2005-2 CL 1M1 VAR RT 04/25/2035 DTD 03/03/2005 @ 78.125 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 10,000,000.00 (ID: 45254N-NB-9) ALLISON TRANSMISSION HOLDING @ 22.50 45,000.00 BROKERAGE 80.00 TAX &/OR SEC .79 J.P. MORGAN SECURITIES LLC (ID: 01973R-10-1) ADVENT SOFTWARE INC @ 28.10 28,100.00 BROKERAGE EFTA01464906 40.00 TAX &/OR SEC .49 J.P. MORGAN SECURITIES LLC (ID: 007974-10-8) DCT INDUSTRIAL TRUST INC @ 7.27 29,080.00 BROKERAGE 160.00 TAX &/OR SEC .51 J.P. MORGAN SECURITIES LLC (ID: 233153-10-5) KAR AUCTION SERVICES INC @ 25.8605 25,860.50 BROKERAGE 40.00 TAX &/OR SEC .45 J.P. MORGAN SECURITIES LLC (ID: 48238T-10-9) DCP MIDSTREAM PARTNERS LP @ 50.040107 150,120.32 BROKERAGE 120.00 TAX &/OR SEC 2.62 J.P. MORGAN SECURITIES LLC (ID: 23311P-10-0) INTREXON CORP @ 22.00 27,500.00 BROKERAGE 15.00 TAX &/OR SEC .48 J.P. MORGAN SECURITIES LLC (ID: 46122T-10-2) NORWEGIAN CRUISE LINE HOLDIN @ 30.443 30,443.00 BROKERAGE 40.00 TAX &/OR SEC .53 J.P. MORGAN SECURITIES LLC (ID: G66721-10-4) QEP MIDSTREAM PARTNERS LP @ 22.70 113,500.00 BROKERAGE 200.00 TAX &/OR SEC 1.98 J.P. MORGAN SECURITIES LLC (ID: 74735R-11-5) (5,000.000) 22.66 113,298.02 (105,000.00) 8,298.02 S (1,000.000) 30.402 30,402.47 (29,750.00) 652.47 S (1,250.000) 21.988 27,484.52 (20,000.00) 7,484.52 S (3,000.000) 49.999 149,997.70 (150,120.00) (122.30) S (1,000.000) 25.82 25,820.05 (25,000.00) 820.05 S (4,000.000) 7.23 28,919.49 (28,800.00) 119.49 S (1,000.000) EFTA01464907 28.06 28,059.51 (27,000.00) 1,059.51 S (2,000.000) 22.46 44,919.21 (44,000.00) 919.21 S Quantity (1,580,099.390 ) Per Unit Amount 78.125 Proceeds 1,234,452.66 Cost (1,106,069.20) Realized Gain/Loss 128,383.46 S* Account Page 26 of 48 Consolidated Statement Page 29 EFTA01464908 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Trade Date Settle Date 8/9 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale 8/14 5/23 8/15 5/23 8/15 8/12 8/15 8/13 8/19 8/14 8/19 8/14 8/19 8/20 8/20 High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost QUALITY DISTRIBUTION INC @ 8.97 4,485.00 BROKERAGE 20.00 TAX &/OR SEC .08 J.P. MORGAN SECURITIES LLC (ID: 74756M-10-2) TO REVERSE ENTRY OF 05/29/2013 ZIONS BANCORPORATION VAR RT 12/31/2049 DTD 05/21/2013 @ 100.875 JP MORGAN SECURITIES LLC (BIDL) AS OF 05/29/13 (ID: 989701-BD-8) ZIONS BANCORPORATION VAR RT 12/31/2049 DTD 05/21/2013 @ 100.875 1,513,125.00 BROKERAGE 3,750.00 JP MORGAN SECURITIES LLC (BIDL) (ID: 989701-BD-8) CLIFFS NATURAL RESOURCES CV PFD 7% @ 22.033333 132,200.00 BROKERAGE 240.00 TAX &/OR SEC 2.31 J.P. MORGAN SECURITIES LLC (ID: 18683K-40-8) EFTA01464909 LAREDO PETROLEUM HOLDINGS IN @ 23.621028 212,589.25 BROKERAGE 360.00 TAX &/OR SEC 3.70 J.P. MORGAN SECURITIES LLC (ID: 516806-10-6) NORTHERN TIER ENERGY LP @ 22.30 89,200.00 BROKERAGE 160.00 TAX &/OR SEC 1.56 J.P. MORGAN SECURITIES LLC (ID: 665826-10-3) ZIONS BANCORPORATION VAR RT 09/29/2049 DTD 08/13/2013 @ 100.10 50,050.00 BROKERAGE 25.00 JP MORGAN SECURITIES LLC (BIDL) (ID: 989701-BF-3) Principal Payment SEQUOIA MORTGAGE TRUST 11 CL B1 VAR RT Pro Rata (4,763.530) 12/20/2032 DTD 10/30/2002 PAYMENT A/C PRINCIPAL (ID: 81744A-AB-4) 100.00 4,763.53 (3,513.10) 1,250.43 S (50,000.000) 100.05 50,025.00 (50,000.00) 25.00 S (4,000.000) 22.26 89,038.44 (91,400.00) (2,361.56) S (9,000.000) 23.581 212,225.55 (213,750.00) (1,524.45) S (6,000.000) 21.993 131,957.69 (150,000.00) (18,042.31) S (1,500,000.000 ) 100.625 1,509,375.00 (1,500,000.00) 9,375.00 S* 1,500,000.000 100.875 (1,513,125.00) 1,500,000.00 (13,125.00) S* Quantity (500.000) EFTA01464910 Per Unit Amount 8.93 Proceeds 4,464.92 Cost (4,300.00) Realized Gain/Loss 164.92 S Account Page 27 of 48 Consolidated Statement Page 30 EFTA01464911 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Trade Date Settle Date 8/14 8/20 8/14 8/20 8/14 8/20 8/15 8/21 8/15 8/21 8/26 8/26 8/26 8/26 8/26 8/26 8/26 8/26 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost GENMARK DIAGNOSTICS INC @ 10.2325 10,232.50 BROKERAGE 40.00 TAX &/OR SEC .18 J.P. MORGAN SECURITIES LLC (ID: 372309-10-4) MEDICINES CO @ 30.7147 30,714.70 BROKERAGE 40.00 TAX &/OR SEC .54 J.P. MORGAN SECURITIES LLC (ID: 584688-10-5) PENNYMAC MORTGAGE INVESTMENT TRUST @ 22.10 88,400.00 BROKERAGE 160.00 TAX &/OR SEC 1.54 J.P. MORGAN SECURITIES LLC (ID: 70931T-10-3) THIRD POINT REINSURANCE LTD @ 12.25 73,500.00 BROKERAGE 240.00 TAX &/OR SEC 1.28 J.P. MORGAN SECURITIES LLC (ID: G8827U-10-0) MEDICAL PROPERTIES TRUST INC @ 12.66 63,300.00 BROKERAGE 200.00 TAX &/OR SEC 1.11 J.P. MORGAN SECURITIES LLC (ID: 58463J-30-4) Principal Payment COUNTRYWIDE HOME LOANS 2003-1 CL B1 5.750% EFTA01464912 Pro Rata (75,685.000) 03/25/2033 DTD 01/01/2003 PAYMENT A/C PRINCIPAL (ID: 12669D-YS-1) Principal Payment COUNTRYWIDE HOME LOANS 2003-26 CL B1 5.33684% Pro Rata 08/25/2033 DTD 06/01/2003 PAYMENT A/C PRINCIPAL (ID: 12669E-RR-9) Principal Payment CHASE MORTGAGE FINANCE CORPORATION REMIC Pro Rata 2007-A1 CL 2A4 2.99199% 02/25/2037 DTD 02/01/2007 PAYMENT A/C PRINCIPAL (ID: 161630-AK-4) Principal Payment HOMEBANC MORTGAGE TRUST 2004-1 CL 1M1 VAR RT Pro Rata 08/25/2029 DTD 07/30/2004 PAYMENT A/C PRINCIPAL (ID: 43739E-AC-1) (10,779.570) 100.00 10,779.57 (6,063.51) 4,716.06 S (108,600.870) 100.00 108,600.87 (96,111.77) 12,489.10 S (30,162.270) 100.00 30,162.27 (23,224.95) 6,937.32 L 100.00 75,685.00 (72,279.18) 3,405.82 S (5,000.000) 12.62 63,098.89 (63,750.00) (651.11) S (6,000.000) 12.21 73,258.72 (75,000.00) (1,741.28) S (4,000.000) 22.06 88,238.46 (89,360.00) (1,121.54) S EFTA01464913 (1,000.000) 30.674 30,674.16 (30,250.00) 424.16 S Quantity (1,000.000) Per Unit Amount 10.192 Proceeds 10,192.32 Cost (9,840.00) Realized Gain/Loss 352.32 S Account Page 28 of 48 Consolidated Statement Page 31 EFTA01464914 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Trade Date Settle Date Type Selection Method Description Settled Sales/Maturities/Redemptions 8/26 8/26 8/26 8/26 Principal Payment IMPAC CMB TRUST 2005-2 CL 1M2 VAR RT 04/25/2035 Pro Rata DTD 03/03/2005 PAYMENT A/C PRINCIPAL (ID: 45254N-NC-7) Principal Payment STRUCTURED ASSET SECURITIES CO 2003-10 CL B2 Pro Rata 6.000% 04/25/2033 DTD 03/28/2003 PAYMENT A/C PRINCIPAL (ID: 86359A-QW-6) Total Settled Sales/Maturities/Redemptions $2,506,746.39 ($2,506,396.53) $6,937.32 L ($6,587.46) S (25,605.170) 100.00 25,605.17 (25,605.17) Quantity (9,847.810) Per Unit Amount 100.00 Proceeds 9,847.81 Cost (6,868.85) Realized Gain/Loss 2,978.96 S Trade Date Settle Date Type Description Settled Securities Purchased 7/24 Purchase 8/1 7/31 8/5 8/2 EFTA01464915 8/6 8/2 8/6 8/1 8/6 8/2 8/7 Purchase GRANA Y MONTERO SA - ADR @ 21.13 J.P. MORGAN SECURITIES LLC (ID: 38500P-20-8) COUSINS PROPERTIES INC @ 10.00 J.P. MORGAN SECURITIES LLC (ID: 222795-10-6) Purchase Option WTI CALL OPTION USD PUT OPTION STRIKE 110.00 EXPIRING 02/14/2014 250,000 BARRELS PURCHASE OTC CALL (ID: OTCBDC-PH-K) Write Option Purchase Purchase WTI PUT OPTION USD CALL OPTION STRIKE 93.50, KI @ EXP 83.50 EXPIRING 02/14/2014 250,000 BARRELS WRITTEN OTC PUT (ID: OTCBDP-KG-F) AMERICAN HOMES 4 RENT- A @ 16.00 J.P. MORGAN SECURITIES LLC (ID: 02665T-30-6) BOYD GAMING CORP @ 12.00 J.P. MORGAN SECURITIES LLC (ID: 103304-10-1) 15,000.000 4,000.000 16.00 12.00 Account Page 29 of 48 (240,000.00) (48,000.00) Consolidated Statement Page 32 (250.000) 2,250.00 562,500.00 Quantity 7,000.000 10,000.000 250.000 Per Unit Amount 21.13 10.00 2,250.00 Market Cost (147,910.00) (100,000.00) (562,500.00) EFTA01464916 EFTA01464917 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Trade Date Settle Date Type Settled Securities Purchased 8/2 Purchase 8/7 8/1 8/7 8/7 8/12 8/8 8/13 8/8 8/13 8/8 8/13 8/8 8/13 8/8 8/13 8/8 8/13 8/9 8/14 8/8 8/14 8/8 8/14 8/13 8/19 Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Description LIBERTY PROPERTY TRUST S/B/I @ 36.00 J.P. MORGAN SECURITIES LLC (ID: 531172-10-4) VANTIV INC - CL A @ 25.75 J.P. MORGAN SECURITIES LLC (ID: 92210H-10-5) ALLISON TRANSMISSION HOLDING @ 22.00 J.P. EFTA01464918 MORGAN SECURITIES LLC (ID: 01973R-10-1) ADVENT SOFTWARE INC @ 27.00 J.P. MORGAN SECURITIES LLC (ID: 007974-10-8) DCP MIDSTREAM PARTNERS LP @ 50.04 J.P. MORGAN SECURITIES LLC (ID: 23311P-10-0) DCT INDUSTRIAL TRUST INC @ 7.20 J.P. MORGAN SECURITIES LLC (ID: 233153-10-5) INTREXON CORP @ 16.00 J.P. MORGAN SECURITIES LLC (ID: 46122T-10-2) KAR AUCTION SERVICES INC @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 48238T-10-9) ZIONS BANCORPORATION VAR RT 12/31/2049 DTD 08/13/2013 @ 100.00 JP MORGAN SECURITIES LLC (BIDL) (ID: 989701-BF-3) NORWEGIAN CRUISE LINE HOLDIN @ 29.75 J.P. MORGAN SECURITIES LLC (ID: G66721-10-4) QEP MIDSTREAM PARTNERS LP @ 21.00 J.P. MORGAN SECURITIES LLC (ID: 74735R-11-5) QUALITY DISTRIBUTION INC @ 8.60 J.P. MORGAN SECURITIES LLC (ID: 74756M-10-2) LAREDO PETROLEUM HOLDINGS IN @ 23.75 J.P. MORGAN SECURITIES LLC (ID: 516806-10-6) 1,000.000 5,000.000 500.000 9,000.000 29.75 21.00 8.60 23.75 (29,750.00) (105,000.00) (4,300.00) (213,750.00) Quantity 7,500.000 6,000.000 2,000.000 1,000.000 3,000.000 4,000.000 1,250.000 1,000.000 750,000.000 Per Unit Amount 36.00 25.75 22.00 27.00 50.04 EFTA01464919 7.20 16.00 25.00 100.00 Market Cost (270,000.00) (154,500.00) (44,000.00) (27,000.00) (150,120.00) (28,800.00) (20,000.00) (25,000.00) (750,000.00) Account Page 30 of 48 Consolidated Statement Page 33 EFTA01464920 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 Trade Date Settle Date Type Settled Securities Purchased 8/14 Purchase 8/19 8/14 8/19 8/14 8/19 8/14 8/19 8/15 8/20 8/15 8/20 Total Settled Securities Purchased Trade Date Type Est. Settle Date Selection Method Description Pending Sales, Maturities, Redemptions Sale 8/28 9/3 ZIONS BANCORPORATION VAR RT 09/29/2049 DTD 08/13/2013 (ID: 989701-BF-3) Quantity (250,000.000) Per Unit Amount 100.10 Purchase Purchase Purchase Purchase Purchase Description GENMARK DIAGNOSTICS INC @ 9.84 J.P. MORGAN SECURITIES LLC (ID: 372309-10-4) MEDICINES CO @ 30.25 J.P. MORGAN SECURITIES LLC (ID: 584688-10-5) NORTHERN TIER ENERGY LP @ 22.85 J.P. MORGAN SECURITIES LLC (ID: 665826-10-3) PENNYMAC MORTGAGE INVESTMENT TRUST @ 22.34 J.P. MORGAN SECURITIES LLC (ID: 70931T-10-3) THIRD POINT REINSURANCE LTD @ 12.50 J.P. MORGAN SECURITIES LLC (ID: G8827U-10-0) MEDICAL PROPERTIES TRUST INC @ 12.75 J.P. EFTA01464921 MORGAN SECURITIES LLC (ID: 58463)-30-4) Quantity 1,000.000 1,000.000 4,000.000 4,000.000 6,000.000 5,000.000 Per Unit Amount 9.84 30.25 22.85 22.34 12.50 12.75 Market Cost (9,840.00) (30,250.00) (91,400.00) (89,360.00) (75,000.00) (63,750.00) ($2,717,730.00) Proceeds 250,250.00 Cost (250,000.00) Realized Gain/Loss 250.00 S Account Page 31 of 48 Consolidated Statement Page 34 EFTA01464922 SOUTHERN FINANCIAL, LLC ACCT. For the Period 8/1/13 to 8/31/13 COST ADJUSTMENTS Settle Date Type Cost Adjustments 8/21 Cost Basis Adj Description JPMORGAN CHASE & CO 7.9% PFD STK APR 30 2049 DTD 04/23/2008 GENERAL MAINTENANCE (ID: 46625H-HA-1) Quantity 5,000,000.000 Cost Basis Adjustments 93,145.83 Account Page 32 of 48 Cons

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