The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLETE INC COM NEW 018522300 987 19,420 SH   SOLE 19,420 0 0
ALLIANT ENERGY CORP COM 018802108 940 15,056 SH   SOLE 15,056 0 0
AMEREN CORP COM 023608102 942 21,780 PRN   SOLE 21,780 0 0
AMERICAN ELEC PWR INC COM 025537101 991 17,008 SH   SOLE 17,008 0 0
AT&T INC COM 00206R102 10,769 312,959 SH   SOLE 312,959 0 0
AVALONBAY CMNTYS INC COM 053484101 732 3,975 SH   SOLE 3,975 0 0
AVISTA CORP COM 05379B107 1,033 29,192 SH   SOLE 29,192 0 0
BOSTON PROPERTIES INC COM 101121101 588 4,612 SH   SOLE 4,612 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 824 35,393 SH   SOLE 35,393 0 0
CAMDEN PPTY TR SH BEN INT 133131102 200 2,611 SH   SOLE 2,611 0 0
CATERPILLAR INC DEL COM 149123101 6,251 91,976 SH   SOLE 91,976 0 0
CHEVRON CORP NEW COM 166764100 13,987 155,483 SH   SOLE 155,483 0 0
CLECO CORP NEW COM 12561W105 741 14,188 SH   SOLE 14,188 0 0
CONSOLIDATED EDISON INC COM 209115104 1,022 15,905 SH   SOLE 15,905 0 0
DIGITAL RLTY TR INC COM 253868103 309 4,083 SH   SOLE 4,083 0 0
DNP SELECT INCOME FD COM 23325P104 258 28,785 SH   SOLE 28,785 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 1,196 16,752 SH   SOLE 16,752 0 0
EL PASO ELEC CO COM NEW 283677854 744 19,325 SH   SOLE 19,325 0 0
EMPIRE DIST ELEC CO COM 291641108 1,430 50,948 SH   SOLE 50,948 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 893 10,944 SH   SOLE 10,944 0 0
ESSEX PPTY TR INC COM 297178105 470 1,965 SH   SOLE 1,965 0 0
EVERSOURCE ENERGY COM 30040W108 838 16,408 SH   SOLE 16,408 0 0
EXTRA SPACE STORAGE INC COM 30225T102 327 3,706 SH   SOLE 3,706 0 0
EXXON MOBIL CORP COM 30231G102 4,489 57,594 SH   SOLE 57,594 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 302 2,065 SH   SOLE 2,065 0 0
GENERAL ELECTRIC CO COM 369604103 7,589 243,615 SH   SOLE 243,615 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 478 17,575 SH   SOLE 17,575 0 0
GREAT PLAINS ENERGY INC COM 391164100 939 34,385 SH   SOLE 34,385 0 0
HAWAIIAN ELEC INDUSTRIES COM 419870100 1,052 36,339 SH   SOLE 36,339 0 0
HOST HOTELS & RESORTS INC COM 44107P104 349 22,781 SH   SOLE 22,781 0 0
IDACORP INC COM 451107106 751 11,046 SH   SOLE 11,046 0 0
INTEL CORP COM 458140100 854 24,777 SH   SOLE 24,777 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,691 12,291 SH   SOLE 12,291 0 0
ISHARES GOLD TRUST ISHARES 464285105 24,143 2,360,030 SH   SOLE 2,360,030 0 0
ISHARES TR TIPS BD ETF 464287176 669 6,100 SH   SOLE 6,100 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 512 15,891 SH   SOLE 15,891 0 0
ISHARES TR S&P 500 GRWT ETF 464287309 1,444 12,472 SH   SOLE 12,472 0 0
ISHARES TR S&P 500 VAL ETF 464287408 942 10,640 SH   SOLE 10,640 0 0
ISHARES TR 1-3 YR TR BD ETF 464287457 535 6,342 SH   SOLE 6,342 0 0
ISHARES TR MSCI EAFE ETF 464287465 352 5,998 SH   SOLE 5,998 0 0
ISHARES TR COHEN&STEER REIT 464287564 599 6,036 SH   SOLE 6,036 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 256 2,615 SH   SOLE 2,615 0 0
ISHARES TR RUS 1000 GRW ETF 464287614 1,347 13,542 SH   SOLE 13,542 0 0
ISHARES TR SP SMCP600VL ETF 464287879 769 7,110 SH   SOLE 7,110 0 0
ISHARES TR MICRO-CAP ETF 464288869 1,075 14,915 SH   SOLE 14,915 0 0
KIMCO RLTY CORP COM 49446R109 328 12,410 SH   SOLE 12,410 0 0
LILLY ELI & CO COM 532457108 337 4,000 SH   SOLE 4,000 0 0
MACERICH CO COM 554382101 342 4,235 SH   SOLE 4,235 0 0
MCDONALDS CORP COM 580135101 10,825 91,629 SH   SOLE 91,629 0 0
NEW JERSEY RES COM 646025106 843 25,571 SH   SOLE 25,571 0 0
NORTHWEST NAT GAS CO COM 667655104 1,094 21,618 SH   SOLE 21,618 0 0
PEPSICO INC COM 713448108 538 5,384 SH   SOLE 5,384 0 0
PFIZER INC COM 717081103 4,617 143,023 SH   SOLE 143,023 0 0
PG&E CORP COM 69331C108 876 16,468 SH   SOLE 16,468 0 0
PINNACLE WEST CAP CORP COM 723484101 966 14,985 SH   SOLE 14,985 0 0
PNM RES INC COM 69349H107 790 25,854 SH   SOLE 25,854 0 0
PROLOGIS INC COM 74340W103 676 15,756 SH   SOLE 15,756 0 0
PUBLIC STORAGE COM 74460D109 1,082 4,367 SH   SOLE 4,367 0 0
REALTY INCOME CORP COM 756109104 383 7,427 SH   SOLE 7,427 0 0
SIMON PPTY GROUP INC NEW COM 828806109 1,326 8,074 SH   SOLE 8,074 0 0
SOUTHERN CO COM 842587107 1,319 28,186 SH   SOLE 28,186 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,161 11,448 SH   SOLE 11,448 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 242 1,185 SH   SOLE 1,185 0 0
UDR INC COM 902653104 293 7,787 PRN   SOLE 7,787 0 0
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 590 7,420 SH   SOLE 7,420 0 0
VANGUARD INDEX FDS REIT ETF 922908553 3,092 38,781 SH   SOLE 38,781 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 3,349 33,906 SH   SOLE 33,906 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 15,536 146,032 SH   SOLE 146,032 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 5,961 73,127 SH   SOLE 73,127 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 630 6,045 SH   SOLE 6,045 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 240 5,531 SH   SOLE 5,531 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 1,771 54,151 SH   SOLE 54,151 0 0
VANGUARD SCOTTSDALE FDS INT-TERM GOV 92206C706 254 3,947 SH   SOLE 3,947 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 446 5,308 SH   SOLE 5,308 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 988 26,897 SH   SOLE 26,897 0 0
VANGUARD WORLD FDS UTILITIES ETF 92204A876 4,181 44,508 SH   SOLE 44,508 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 18,837 407,557 SH   SOLE 407,557 0 0
VORNADO RLTY TR SH BEN INT 929042109 526 5,265 SH   SOLE 5,265 0 0
WEC ENERGY GROUP INC COM 92939U106 831 16,187 SH   SOLE 16,187 0 0
WESTAR ENERGY INC COM 95709T100 947 22,330 SH   SOLE 22,330 0 0