ASPEN INVESTMENT MANAGEMENT INC Information

4020 E BELTLINE NE SUITE 103, GRAND RAPIDS, Michigan, 49525, (616) 361-2500

Report Date: 03/31/2014

Position Statistics

Total Positions 127
New Positions 0
Increased Positions 39
Decreased Positions 38
Positions with Activity 77
Sold Out Positions 4
Total Mkt Value (in $ millions) 161

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 1.42%
Capital Goods 1.75%
Conglomerates 0.66%
Consumer Cyclical 1.17%
Consumer/Non-Cyclical 3.67%
Energy 15.84%
Financial 47.28%
Healthcare 6.85%
Services 9.44%
Technology 7.39%
Transportation 0.99%
Utilities 0.98%

127 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
INTEROIL CORP COM 15,228 165 1.10 255,758
SPDR SERIES TRUST S&P DIVID ETF 6,771 30 .44 88,701
ISHARES INTERM CR BD ETF 5,388 4,529 527.20 49,072
SPDR S&P 500 ETF TR TR UNIT 4,349 -153 (3.41) 22,164
PIMCO ETF TR 0-5 HIGH YIELD 4,333 184 4.44 40,642
POWERSHARES ETF TRUST II SENIOR LN PORT 3,931 31 .79 158,136
ISHARES CORE S&P SCP ETF 3,887 New 35,029
FIRST TR LRG CP VL ALPHADEX FD COM SHS 3,458 137 4.14 79,796
WASTE MGMT INC DEL COM 3,415 New 76,578
ISHARES U.S. PFD STK ETF 3,100 63 2.09 78,065
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF 2,728 -95 (3.35) 62,127
ISHARES RUSSELL 2000 ETF 2,703 49 1.86 23,231
ISHARES TR CORE MSCI EAFE 2,644 36 1.39 42,729
EXXON MOBIL CORP COM 2,584 -36 (1.37) 25,127
GENERAL ELECTRIC CO COM 2,455 -126 (4.9) 93,107
WISDOMTREE TR SMALLCAP DIVID 2,424 72 3.07 34,822
ISHARES MSCI EAFE ETF 2,317 -68 (2.85) 34,098
CHEVRON CORP NEW COM 2,301 6 .28 17,714
JOHNSON & JOHNSON COM 2,296 16 .68 21,720
MICROSOFT CORP COM 2,248 22 .99 53,803