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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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 2,924 82,700 SH   SOLE   82,700 0 0
Altria Group, Inc. COM 02209S103 3,861 92,060 SH   SOLE   92,060 0 0
Amerigas Partners LP UNIT LTD PARTN 030975106 6,030 132,840 SH   SOLE   132,840 0 0
BreitBurn Energy Partners LP UNIT LTD PARTN 106776107 4,770 215,659 SH   SOLE   215,659 0 0
Buckeye Partners LP UNIT LTD PARTN 118230101 10,645 128,163 SH   SOLE   128,163 0 0
Chesapeake Utilities Corp. COM 165303108 1,737 24,355 SH   SOLE   24,355 0 0
Cleco Corp. COM 12561W105 1,646 27,915 SH   SOLE   27,915 0 0
Cominar REIT COM 199910951 2,915 164,690 SH   SOLE   164,690 0 0
Commonwealth Bank of Australia COM 621503002 6,014 78,780 SH   SOLE   78,780 0 0
Crombie REIT COM 227107109 1,167 92,516 SH   SOLE   92,516 0 0
DCP Midstream Partners LP UNIT LTD PARTN 23311P100 6,265 109,919 SH   SOLE   109,919 0 0
Energias de Portugal, SA ADR ADR 268353109 2,220 44,315 SH   SOLE   44,315 0 0
Enerplus Resources Fund Trust COM 292766102 3,100 123,128 SH   SOLE   123,128 0 0
Enterprise Products Partners L UNIT LTD PARTN 293792107 11,359 145,095 SH   SOLE   145,095 0 0
Ferrellgas Partners LP UNIT LTD PARTN 315293100 2,602 95,085 SH   SOLE   95,085 0 0
Gaztransport et Technigaz SAS COM BJYRDP5 1,896 29,080 SH   SOLE   29,080 0 0
Genworth MI Canada Inc. COM 37252B953 2,281 63,920 SH   SOLE   63,920 0 0
Gladstone Commerical Corp. COM 376536108 1,766 98,832 SH   SOLE   98,832 0 0
GlaxoSmithKline PLC ADR ADR 37733W105 4,084 76,365 SH   SOLE   76,365 0 0
Global Partners LP UNIT LTD PARTN 37946R109 3,708 91,260 SH   SOLE   91,260 0 0
Grupo Aeroportuario Del Pacifi ADR 400506101 3,146 46,528 SH   SOLE   46,528 0 0
H&R REIT COM 404428203 2,384 109,652 SH   SOLE   109,652 0 0
Hatteras Financial Corp COM 41902R103 836 42,190 SH   SOLE   42,190 0 0
Kinder Morgan Energy Partners UNIT LTD PARTN 494550106 8,760 106,555 SH   SOLE   106,555 0 0
Kinder Morgan Management LLC COM 49455U100 2,966 37,580 SH   SOLE   37,580 0 0
Liberty Property Trust COM 531172104 693 18,265 SH   SOLE   18,265 0 0
Martin Midstream Partners LP UNIT LTD PARTN 573331105 5,911 143,535 SH   SOLE   143,535 0 0
Monmouth Real Estate Investmen COM 609720107 5,032 501,146 SH   SOLE   501,146 0 0
National Grid PLC ADS ADR 636274300 3,864 51,949 SH   SOLE   51,949 0 0
ONE Gas, Inc. COM 68235P108 3,222 85,345 SH   SOLE   85,345 0 0
Oneok Inc. COM 682680103 3,318 48,743 SH   SOLE   48,743 0 0
Oneok Partners LP UNIT LTD PARTN 68268N103 10,470 178,675 SH   SOLE   178,675 0 0
Partners REIT COM 70214B977 950 202,756 SH   SOLE   202,756 0 0
Pengrowth Energy Trust COM 70706P104 1,890 263,250 SH   SOLE   263,250 0 0
Phillips 66 Partners LP UNIT LTD PARTN 718549207 2,426 32,110 SH   SOLE   32,110 0 0
Plains All American Pipeline L UNIT LTD PARTN 726503105 10,720 178,513 SH   SOLE   178,513 0 0
Precinct Properties New Zealan COM 609327903 1,488 1,580,600 SH   SOLE   1,580,600 0 0
Qiwi PLC COM 74735M108 1,547 38,370 SH   SOLE   38,370 0 0
Realty Income Corp. COM 756109104 4,900 110,305 SH   SOLE   110,305 0 0
Sasol Ltd. ADR ADR 803866300 3,282 55,520 SH   SOLE   55,520 0 0
Sempra Energy COM 816851109 2,253 21,515 SH   SOLE   21,515 0 0
Suburban Propane Partners LP UNIT LTD PARTN 864482104 6,851 148,924 SH   SOLE   148,924 0 0
Sunoco Logistic Partners LP UNIT LTD PARTN 86764L108 9,553 202,782 SH   SOLE   202,782 0 0
TC Pipelines LP UNIT LTD PARTN 87233Q108 9,312 180,262 SH   SOLE   180,262 0 0
Teekay LNG Partners LP UNIT LTD PARTN Y8564M105 2,330 50,502 SH   SOLE   50,502 0 0
Total SA ADR ADR 89151E109 4,271 59,154 SH   SOLE   59,154 0 0
USA Compression Partners UNIT LTD PARTN 90290N109 1,814 70,654 SH   SOLE   70,654 0 0
Urstadt Biddle Properties A COM 917286205 3,406 163,140 SH   SOLE   163,140 0 0
Verizon Communications Inc. COM 92343V104 2,639 53,930 SH   SOLE   53,930 0 0
Vermilion Energy Trust COM 923725956 3,541 50,802 SH   SOLE   50,802 0 0
Vodacom Group Ltd.ADR ADR 92858D200 384 31,000 SH   SOLE   31,000 0 0
Advent Software, Inc. COM 007974108 1,864 57,220 SH   SOLE   57,220 0 0
Air Products & Chemicals Inc. COM 009158106 2,990 23,244 SH   SOLE   23,244 0 0
Anadarko Petroleum Corp. COM 032511107 8,379 76,545 SH   SOLE   76,545 0 0
Apple Inc. COM 037833100 3,477 37,416 SH   SOLE   37,416 0 0
Aptargroup, Inc. COM 038336103 7,418 110,707 SH   SOLE   110,707 0 0
Automatic Data Processing Inc. COM 053015103 9,504 119,885 SH   SOLE   119,885 0 0
Avery Dennison Corp. COM 053611109 5,935 115,805 SH   SOLE   115,805 0 0
B&G Foods Inc. COM 05508R106 4,378 133,910 SH   SOLE   133,910 0 0
Bank of Ireland ADR ADR 46267Q202 2,085 149,981 SH   SOLE   149,981 0 0
Bemis Co. Inc. COM 081437105 5,241 128,905 SH   SOLE   128,905 0 0
Best Buy Co. Inc. COM 086516101 1,150 37,100 SH   SOLE   37,100 0 0
C.R. Bard Inc. COM 067383109 5,109 35,725 SH   SOLE   35,725 0 0
CPL Resources PLC COM G4817M109 751 78,455 SH   SOLE   78,455 0 0
Church & Dwight Co., Inc. COM 171340102 3,045 43,525 SH   SOLE   43,525 0 0
Colgate-Palmolive Co. COM 194162103 8,923 130,875 SH   SOLE   130,875 0 0
Comcast Corp. COM 20030N101 3,340 62,225 SH   SOLE   62,225 0 0
Credito Real Sofom ENR COM B8DST5905 761 340,010 SH   SOLE   340,010 0 0
Cummins Inc. COM 231021106 1,786 11,575 SH   SOLE   11,575 0 0
Ecolab, Inc. COM 278865100 3,017 27,095 SH   SOLE   27,095 0 0
Emerson Electric Co. COM 291011104 6,684 100,725 SH   SOLE   100,725 0 0
Exxon Mobil Corp. COM 30231G102 4,555 45,240 SH   SOLE   45,240 0 0
Fiserv Inc. COM 337738108 9,484 157,220 SH   SOLE   157,220 0 0
General Mills Inc. COM 370334104 10,902 207,494 SH   SOLE   207,494 0 0
Global Specialty Metals Inc. COM 37954N206 1,108 53,310 SH   SOLE   53,310 0 0
Graco, Inc. COM 384109104 8,743 111,975 SH   SOLE   111,975 0 0
Grainger, WW Inc. COM 384802104 8,364 32,895 SH   SOLE   32,895 0 0
Hasbro Inc. COM 418056107 263 4,960 SH   SOLE   4,960 0 0
Heineken NV COM N39427211 285 3,965 SH   SOLE   3,965 0 0
Heineken NV ADR ADR 423012301 7,477 208,615 SH   SOLE   208,615 0 0
Hormel Foods Corp. COM 440452100 9,035 183,085 SH   SOLE   183,085 0 0
ITT Corp. COM 450911201 7,390 153,633 SH   SOLE   153,633 0 0
Imperial Oil Ltd. COM 453038408 1,534 29,155 SH   SOLE   29,155 0 0
Infosys Ltd. ADR ADR 456788108 2,024 37,640 SH   SOLE   37,640 0 0
Ingredion Inc. COM 457187102 7,491 99,830 SH   SOLE   99,830 0 0
Jacobs Engineering Group COM 469814107 3,204 60,143 SH   SOLE   60,143 0 0
John Wiley & Sons Inc. A COM 968223206 1,746 28,815 SH   SOLE   28,815 0 0
Johnson & Johnson COM 478160104 1,376 13,155 SH   SOLE   13,155 0 0
Johnson Controls Inc. COM 478366107 2,775 55,585 SH   SOLE   55,585 0 0
Kimberly-Clark Corp. COM 494368103 5,466 49,145 SH   SOLE   49,145 0 0
Lakeview Hotel Investment Co. COM 51222P950 34 85,300 SH   SOLE   85,300 0 0
Lakeview Hotel Investment Corp COM HCB8J36M0 27 73,900 SH   SOLE   73,900 0 0
Leggett & Platt Inc. COM 524660107 2,677 78,080 SH   SOLE   78,080 0 0
Lincoln Electric Holdings Inc. COM 533900106 5,091 72,850 SH   SOLE   72,850 0 0
Macy's, Inc. COM 55616P104 3,628 62,525 SH   SOLE   62,525 0 0
Marathon Oil Corp. COM 565849106 6,077 152,236 SH   SOLE   152,236 0 0
Marathon Petroleum Corp. COM 56585A102 1,712 21,930 SH   SOLE   21,930 0 0
McCormick & Co. Inc. COM 579780206 5,383 75,190 SH   SOLE   75,190 0 0
McDonald's Corp. COM 580135101 9,524 94,540 SH   SOLE   94,540 0 0
Mechel Open Joint Stock Co. AD ADR 583840103 149 67,825 SH   SOLE   67,825 0 0
Mettler-Toledo International, COM 592688105 8,251 32,590 SH   SOLE   32,590 0 0
Microchip Technology Inc. COM 595017104 984 20,150 SH   SOLE   20,150 0 0
Molina Healthcare Inc. COM 60855R100 3,420 76,620 SH   SOLE   76,620 0 0
Norfolk & Southern Corp. COM 655844108 8,732 84,750 SH   SOLE   84,750 0 0
Novartis AG ADR ADR 66987V109 6,759 74,665 SH   SOLE   74,665 0 0
Novolipetsk GDR ADR 67011E204 978 69,635 SH   SOLE   69,635 0 0
Occidental Petroleum Corp. COM 674599105 2,827 27,550 SH   SOLE   27,550 0 0
Omnicom Group COM 681919106 7,614 106,908 SH   SOLE   106,908 0 0
OpenText Corp. COM 683715106 3,336 69,580 SH   SOLE   69,580 0 0
Parker Hannifin Corp. COM 701094104 9,699 77,141 SH   SOLE   77,141 0 0
Paychex, Inc. COM 704326107 6,329 152,280 SH   SOLE   152,280 0 0
Praxair, Inc. COM 74005P104 4,586 34,524 SH   SOLE   34,524 0 0
Prosperity Bancshares Inc. COM 743606105 8,032 128,300 SH   SOLE   128,300 0 0
Rostelecom Long Distance ADR ADR 778529107 515 33,580 SH   SOLE   33,580 0 0
Sally Beauty Holdings Inc. COM 79546E104 2,019 80,486 SH   SOLE   80,486 0 0
Schneider Electric SA COM 483410007 6,483 68,870 SH   SOLE   68,870 0 0
Sherwin-Williams Co. COM 824348106 8,737 42,225 SH   SOLE   42,225 0 0
Shire PLC COM 82481R106 8,144 34,585 SH   SOLE   34,585 0 0
Sirona Dental Systems Inc. COM 82966C103 759 9,200 SH   SOLE   9,200 0 0
Smith & Nephew PLC COM 83175M205 3,397 38,045 SH   SOLE   38,045 0 0
Sonoco Products Co. COM 835495102 5,089 115,845 SH   SOLE   115,845 0 0
Spectral Medical Inc. COM 847574100 7 20,000 SH   SOLE   20,000 0 0
St. Gobain SA COM 738048909 2,330 41,307 SH   SOLE   41,307 0 0
The Clorox Co. COM 189054109 3,119 34,130 SH   SOLE   34,130 0 0
Thermon Group Holdings, Inc. COM 88362T103 1,497 56,863 SH   SOLE   56,863 0 0
Toronto Dominion Bank COM 891160509 8,303 161,502 SH   SOLE   161,502 0 0
US Physical Therapy Inc. COM 90337L108 3,129 91,508 SH   SOLE   91,508 0 0
Xylem, Inc. COM 98419M100 4,234 108,345 SH   SOLE   108,345 0 0
Yandex NV COM N97284108 1,755 49,240 SH   SOLE   49,240 0 0