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
A T & T COM 00206R102 2,649 74,835 SH   SOLE   74,835 0 0
Ameren Corporation COM 023608102 1,890 54,865 SH   SOLE   54,865 0 0
American Electric Power Co., I COM 025537101 1,606 35,870 SH   SOLE   35,870 0 0
BCE, Inc. COM 05534B760 2,499 60,930 SH   SOLE   60,930 0 0
Chevron Corp. COM 166764100 2,485 21,005 SH   SOLE   21,005 0 0
Cisco Systems, Inc. COM 17275R102 2,452 100,770 SH   SOLE   100,770 0 0
Coca-Cola COM 191216100 1,612 40,195 SH   SOLE   40,195 0 0
ConocoPhillips COM 20825C104 1,726 28,535 SH   SOLE   28,535 0 0
General Electric COM 369604103 3,201 138,030 SH   SOLE   138,030 0 0
Intel Corp. COM 458140100 2,250 92,865 SH   SOLE   92,865 0 0
International Business Machine COM 459200101 1,560 8,165 SH   SOLE   8,165 0 0
Johnson & Johnson COM 478160104 3,114 36,270 SH   SOLE   36,270 0 0
Medtronic, Inc. COM 585055106 2,112 41,035 SH   SOLE   41,035 0 0
Merck & Co. Inc. COM 58933y105 2,322 49,995 SH   SOLE   49,995 0 0
Microsoft Corp. COM 594918104 1,868 54,080 SH   SOLE   54,080 0 0
Northern Trust Corporation COM 665859104 1,470 25,385 SH   SOLE   25,385 0 0
Occidental Petroleum Corporati COM 674599105 1,636 18,340 SH   SOLE   18,340 0 0
Pfizer Inc. COM 717081103 1,827 65,240 SH   SOLE   65,240 0 0
Procter & Gamble Co. COM 742718109 2,599 33,760 SH   SOLE   33,760 0 0
Vodafone Group PLC COM 92857w209 2,677 93,125 SH   SOLE   93,125 0 0
Wal-Mart Stores Inc. COM 931142103 2,273 30,520 SH   SOLE   30,520 0 0
iShares Dow Jones Select Divid COM 464287168 10,489 163,860 SH   SOLE   163,860 0 0
iShares MSCI Japan Index Fund COM 464286848 518 46,205 SH   SOLE   46,205 0 0
iShares S&P Europe 350 Index COM 464287861 291 7,500 SH   SOLE   7,500 0 0
Guggenheim Multi-Asset Income COM 18383M506 10,159 438,275 SH   SOLE   438,275 0 0
Utilities Select Sector SPDR F COM 81369Y886 6,852 182,090 SH   SOLE   182,090 0 0
iShares Barclays 20+ Year T-Bo ETF 464287432 9,326 84,440 SH   SOLE   84,440 0 0
iShares Barclays 7-10 Year T-B ETF 464287440 2,749 26,815 SH   SOLE   26,815 0 0
iShares iBoxx Investment Grade ETF 464287242 16,498 145,168 SH   SOLE   145,168 0 0
Central Fund of Canada Ltd. ETF 153501101 3,418 251,305 SH   SOLE   251,305 0 0
ProShares Ultra Short S&P 500 ETF 74347B300 204 5,000 SH   SOLE   5,000 0 0
ALPS Alerian MLP ETF UT LTD PARTNER 00162Q866 3,504 196,320 SH   SOLE   196,320 0 0