Management

Investment Adviser

Flippin, Bruce & Porter
A Business of Cantor Fitzgerald Investment Advisors, L.P.
800 Main Street, Second Floor
P.O. Box 6138
Lynchburg, Virginia 24505
Toll-Free 800.851.3804
www.fbpinc.com

Officers

John T. Bruce, President and Portfolio Manager
John H. Hanna IV, Vice President
David J. Marshall, Vice President
Norman D. Darden III, Vice President
Teresa L. Sanderson, Compliance Officer

Trustees

John P. Ackerly, IV
John T. Bruce
Robert S. Harris
George K. Jennison
Harris V. Morrissette
Elizabeth W. Robertson

Administrator

Ultimus Fund Solutions, LLC
P.O. Box 46707
Cincinnati, Ohio 45246-0707
Toll-Free 866.738.1127

Custodian

US Bank NA
425 Walnut Street
Cincinnati, Ohio 45202

Independent Registered Public Accounting Firm

Cohen & Company, Ltd.
342 North Water Street
Suite 830
Milwaukee, Wisconsin 53202

Legal Counsel

Sullivan & Worcester, LLP
1666 K Street, NW
Washington, D.C. 20006