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
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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
AT&T Inc. COM 00206R102 6,438 149,000 SH   SOLE   0 0 0
AbbVie Inc. COM 00287Y109 6,296 101,700 SH   SOLE   0 0 0
Air Products & Chemicals Inc. COM 009158106 5,795 40,800 SH   SOLE   0 0 0
Alliant Energy Corp. COM 018802108 5,430 136,778 SH   SOLE   0 0 0
Altria Group Inc. COM 02209S103 1,034 15,000 SH   SOLE   0 0 0
Ameren Corp. COM 023608102 4,777 89,165 SH   SOLE   0 0 0
American Electric Power Co. COM 025537101 5,089 72,600 SH   SOLE   0 0 0
Amgen Inc. COM 031162100 5,112 33,600 SH   SOLE   0 0 0
Avista Corp. COM 05379B107 6,236 139,200 SH   SOLE   0 0 0
Branch Bank & Trust COM 054937107 3,992 112,100 SH   SOLE   0 0 0
B&G Foods Inc. COM 05508R106 5,625 116,700 SH   SOLE   0 0 0
CMS Energy Corp. COM 125896100 1,147 25,000 SH   SOLE   0 0 0
CSX Corp. COM 126408103 4,173 160,000 SH   SOLE   0 0 0
CenterPoint Energy Inc. COM 15189T107 3,278 136,600 SH   SOLE   0 0 0
Cisco Systems Inc. COM 17275R102 3,615 126,000 SH   SOLE   0 0 0
Clorox Co. COM 189054109 692 5,000 SH   SOLE   0 0 0
Coca Cola Co. COM 191216100 4,850 107,000 SH   SOLE   0 0 0
Consolidated Edison Inc. COM 209115104 3,330 41,401 SH   SOLE   0 0 0
DTE Energy Co. COM 233331107 4,831 48,740 SH   SOLE   0 0 0
Dominion Resources Inc. COM 25746U109 6,071 77,900 SH   SOLE   0 0 0
Dow Chemical COM 260543103 5,617 113,000 SH   SOLE   0 0 0
Dr Pepper Snapple Group COM 26138E109 483 5,000 SH   SOLE   0 0 0
Duke Energy Corp. COM 26441C204 6,966 81,200 SH   SOLE   0 0 0
Eaton Corp. PLC COM G29183103 1,834 30,700 SH   SOLE   0 0 0
Emerson Electric Co. COM 291011104 835 16,000 SH   SOLE   0 0 0
Eversource Energy COM 30040W108 6,176 103,100 SH   SOLE   0 0 0
Firstenergy Corp. COM 337932107 4,371 125,200 SH   SOLE   0 0 0
Ford Motor Co. COM 345370860 251 20,000 SH   SOLE   0 0 0
General Electric Co. COM 369604103 6,038 191,800 SH   SOLE   0 0 0
General Mills Inc. COM 370334104 6,326 88,700 SH   SOLE   0 0 0
General Motors Co. COM 37045V100 849 30,000 SH   SOLE   0 0 0
Genuine Parts Co. COM 372460105 2,055 20,300 SH   SOLE   0 0 0
Hasbro COM 418056107 420 5,000 SH   SOLE   0 0 0
Intel Corp. COM 458140100 3,201 97,600 SH   SOLE   0 0 0
IShares Select Dividend ETF 464287168 18,310 214,700 SH   SOLE   0 0 0
IShares Core High Dividend ETF 46429B663 18,837 229,300 SH   SOLE   0 0 0
Johnson & Johnson COM 478160104 6,647 54,800 SH   SOLE   0 0 0
Kellogg Co. COM 487836108 4,981 61,000 SH   SOLE   0 0 0
Kimberly-Clark Corp. COM 494368103 4,812 35,000 SH   SOLE   0 0 0
The Kraft Heinz Co. COM 500754106 5,574 63,000 SH   SOLE   0 0 0
Leggett & Platt Inc. COM 524660107 2,770 54,200 SH   SOLE   0 0 0
Lockheed Martin Corp. COM 539830109 496 2,000 SH   SOLE   0 0 0
McDonald's Corp. COM 580135101 241 2,000 SH   SOLE   0 0 0
Merck & Co. Inc. COM 58933Y105 5,669 98,400 SH   SOLE   0 0 0
Metlife Inc. COM 59156R108 0 10 SH   SOLE   0 0 0
Microchip Technology Inc. COM 595017104 3,929 77,400 SH   SOLE   0 0 0
National Westminster Bank PLC PFD 638539882 6,117 235,000 SH   SOLE   0 0 0
Newtek Cap Inc. NPV COM 652526203 35 2,730 SH   SOLE   0 0 0
Nextera Energy Inc. COM 65339F101 3,912 30,000 SH   SOLE   0 0 0
PG&E Corp. COM 69331C108 2,902 45,400 SH   SOLE   0 0 0
PPL Corp. COM 69351T106 5,328 141,142 SH   SOLE   0 0 0
Paychex Inc. COM 704326107 5,337 89,700 SH   SOLE   0 0 0
Pepsico Inc. COM 713448108 6,145 58,000 SH   SOLE   0 0 0
Pfizer Inc. COM 717081103 6,338 180,000 SH   SOLE   0 0 0
Philip Morris Int'l, Inc. COM 718172109 4,323 42,500 SH   SOLE   0 0 0
Pinnacle West Capital COM 723484101 3,396 41,900 SH   SOLE   0 0 0
Portland General Electric Co. COM 736508847 6,265 142,000 SH   SOLE   0 0 0
Proctor & Gamble Co. COM 742718109 5,326 62,900 SH   SOLE   0 0 0
Prudential Financial COM 744320102 2,304 32,300 SH   SOLE   0 0 0
Public Svc Enterprise Group COM 744573106 5,332 114,400 SH   SOLE   0 0 0
SCANA Corp. COM 80589M102 3,738 49,400 SH   SOLE   0 0 0
Schwab US Dividend ETF 808524797 18,764 452,800 SH   SOLE   0 0 0
South Jersey Industries COM 838518108 2,213 70,000 SH   SOLE   0 0 0
Southern Co. COM 842587107 4,880 91,000 SH   SOLE   0 0 0
Spectra Energy Corp. COM 847560109 659 18,000 SH   SOLE   0 0 0
Spire Inc. COM 84857L101 4,959 70,000 SH   SOLE   0 0 0
Sysco Corp. COM 871829107 4,962 97,800 SH   SOLE   0 0 0
Target Corp. COM 87612E106 5,830 83,500 SH   SOLE   0 0 0
3M Company COM 88579Y101 6,830 39,000 SH   SOLE   0 0 0
Union Pacific Corp. COM 907818108 4,467 51,200 SH   SOLE   0 0 0
Vanguard FTSE Dev. Market ETF 921943858 76,813 2,172,300 SH   SOLE   0 0 0
Vanguard High DVD Yield ETF 921946406 18,094 253,200 SH   SOLE   0 0 0
Vectren Corp. COM 92240G101 3,719 70,600 SH   SOLE   0 0 0
Vanguard Total Stock Market Index ETF 922908769 115,108 1,074,170 SH   SOLE   0 0 0
Verizon Comm. Inc. COM 92343V104 5,863 105,000 SH   SOLE   0 0 0
WGL Holdings Inc. COM 92924F106 602 8,500 SH   SOLE   0 0 0
WEC Energy Group Inc. COM 92939U106 3,533 54,100 SH   SOLE   0 0 0
Walmart Stores Inc. COM 931142103 4,527 62,000 SH   SOLE   0 0 0
Waste Management Inc. COM 94106L109 3,647 55,033 SH   SOLE   0 0 0
Wells Fargo & Company COM 949746101 3,408 72,000 SH   SOLE   0 0 0
Westar Energy Inc. COM 95709T100 561 10,000 SH   SOLE   0 0 0
Xcel Energy Inc. COM 98389B100 5,786 129,209 SH   SOLE   0 0 0