LAFFER INVESTMENTS Information

103 MURPHY COURT, NASHVILLE, Tennessee, 37203, (615) 460-0100

Report Date: 09/30/2014

Position Statistics

Total Positions 224
New Positions 44
Increased Positions 101
Decreased Positions 27
Positions with Activity 128
Sold Out Positions 7
Total Mkt Value (in $ millions) 631

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

Sector Weighting

Basic Materials 4.14%
Capital Goods 1.31%
Conglomerates
Consumer Cyclical 3.49%
Consumer/Non-Cyclical 7.32%
Energy 7.87%
Financial 21.57%
Healthcare 5.53%
Services 25.05%
Technology 12.55%
Transportation 2.27%
Utilities 8.4%

224 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
GENERAL MLS INC COM -10,479 Sold Out 0
METLIFE INC COM EQTY UNIT -2,298 Sold Out 0
NEXTERA ENERGY INC CORP UNIT 2,662 -257 (8.81) 41,520
DOMINION RES INC VA NEW CRP UNIT 2013 B 2,721 -247 (8.32) 47,790
NEXTERA ENERGY INC CORP UNIT 2,776 -148 (5.08) 41,805
KEYCORP NEW PFD 7.75% SR A -118 Sold Out 0
BUNGE LIMITED PREF PERP CONV 1,578 -76 (4.58) 14,950
WELLS FARGO & CO NEW PERP PFD CNV A 3,617 -62 (1.68) 2,983
STANLEY BLACK & DECKER INC CORP UNIT 1,723 -61 (3.43) 12,593
AMERICAN TOWER CORP NEW PFD CONV SER A 1,947 -54 (2.72) 18,255
GENESEE & WYO INC UNIT 100115 1,317 -28 (2.08) 9,905
WISDOMTREE TR JAPN HEDGE EQT 6,638 -20 (0.31) 122,373
SPDR S&P 500 ETF TR TR UNIT 6,373 -17 (0.27) 30,064
ISHARES MSCI HONG KG ETF 5,884 -15 (0.25) 268,921
ISHARES TR HDG MSCI GERMN 6,253 -15 (0.23) 227,540
ISHARES MSCI CDA ETF 5,157 -14 (0.27) 183,990
ISHARES NW ZEALND CP ETF 5,471 -13 (0.23) 133,376
ISHARES MSCI SINGAP ETF 5,219 -12 (0.23) 408,730
PEOPLES UNITED FINANCIAL INC COM 2,062 -11 (0.55) 135,770
DOMINION RES INC VA NEW CRP UNIT 2013 A 1,400 -9 (0.62) 24,800