Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GIS	General Mills Inc.	55,007	$3.923M	2.3%	$31.98	+42.1%	COM	370334104
INGR	Ingredion Inc.	30,021	$3.885M	2.3%	$75.17	+54.8%	COM	457187102
CL	Colgate-Palmolive Co.	52,470	$3.841M	2.2%	$44.98	+26.5%	COM	194162103
ADP	Automatic Data Processing Inc.	41,477	$3.81M	2.2%	$46.58	+54.1%	COM	053015103
FISV	Fiserv Inc.	35,018	$3.808M	2.2%	$24.30	+111.8%	COM	337738108
HRL	Hormel Foods Corp.	101,167	$3.703M	2.2%	$23.74	+24.3%	COM	440452100
HEINY	Heineken NV ADR	73,575	$3.408M	2.0%	$33.16	—	ADR	423012301
OMC	Omnicom Group	40,951	$3.337M	1.9%	$42.74	+39.6%	COM	681919106
—	Monmouth Real Estate Investmen	251,247	$3.332M	1.9%	$9.93	—	COM	609720107
MKC	McCormick & Co. Inc.	28,720	$3.064M	1.8%	$28.30	+43.6%	COM	579780206
ATR	Aptargroup, Inc.	37,414	$2.961M	1.7%	$48.93	+38.9%	COM	038336103
—	TC Pipelines LP	50,947	$2.917M	1.7%	$48.59	—	UNIT LTD PARTN	87233Q108
PAC	Grupo Aeroportuario Del Pacifi	28,252	$2.9M	1.7%	$50.83	—	ADR	400506101
PAYX	Paychex, Inc.	47,682	$2.837M	1.6%	$26.98	+48.9%	COM	704326107
—	Buckeye Partners LP	40,228	$2.829M	1.6%	$69.97	—	UNIT LTD PARTN	118230101
—	Bemis Co. Inc.	54,448	$2.804M	1.6%	$39.14	—	COM	081437105
—	Amerigas Partners LP	57,381	$2.68M	1.6%	$48.36	—	UNIT LTD PARTN	030975106
TD	Toronto Dominion Bank	62,202	$2.67M	1.6%	$42.73	+1.9%	COM	891160509
EPD	Enterprise Products Partners L	90,067	$2.635M	1.5%	$51.75	—	UNIT LTD PARTN	293792107
PB	Prosperity Bancshares Inc.	49,066	$2.502M	1.5%	$34.71	+10.1%	COM	743606105
GGG	Graco, Inc.	31,065	$2.454M	1.4%	$17.05	+38.9%	COM	384109104
SHW	Sherwin-Williams Co.	8,308	$2.44M	1.4%	$53.48	+66.7%	COM	824348106
GWW	Grainger, WW Inc.	10,386	$2.36M	1.4%	$202.64	-3.2%	COM	384802104
—	Praxair, Inc.	20,817	$2.34M	1.4%	$118.18	—	COM	74005P104
EMR	Emerson Electric Co.	44,075	$2.299M	1.3%	$40.97	+1.4%	COM	291011104
MCD	McDonald's Corp.	18,969	$2.283M	1.3%	$72.33	+37.1%	COM	580135101
—	Sunoco Logistic Partners LP	76,650	$2.204M	1.3%	$57.95	—	UNIT LTD PARTN	86764L108
KMB	Kimberly-Clark Corp.	15,863	$2.181M	1.3%	$66.00	+42.3%	COM	494368103
APD	Air Products & Chemicals Inc.	15,199	$2.159M	1.3%	$61.55	+70.5%	COM	009158106
NSC	Norfolk & Southern Corp.	25,072	$2.134M	1.2%	$57.67	+20.9%	COM	655844108
—	ONEOK Partners LP	49,759	$1.993M	1.2%	$48.30	—	UNIT LTD PARTN	68268N103
PH	Parker Hannifin Corp.	17,618	$1.904M	1.1%	$80.38	+20.0%	COM	701094104
MTD	Mettler-Toledo International,	5,093	$1.859M	1.1%	$212.95	+71.6%	COM	592688105
—	Commonwealth Bank of Australia	33,313	$1.845M	1.1%	$64.82	—	COM	621503002
XYL	Xylem, Inc.	41,312	$1.845M	1.1%	$24.34	+58.8%	COM	98419M100
—	C.R. Bard Inc.	7,825	$1.84M	1.1%	$135.68	—	COM	067383109
USPH	US Physical Therapy Inc.	30,544	$1.839M	1.1%	$28.11	+95.1%	COM	90337L108
—	Johnson Controls Inc.	39,313	$1.74M	1.0%	$35.78	—	COM	478366107
—	National Grid PLC ADS	22,957	$1.706M	1.0%	$62.93	—	ADR	636274300
ITT	ITT Corp.	50,909	$1.628M	0.9%	$35.86	0.0%	COM	45073V108
AVY	Avery Dennison Corp.	21,143	$1.58M	0.9%	$35.92	+73.6%	COM	053611109
NVS	Novartis AG ADR	19,099	$1.576M	0.9%	$76.65	—	ADR	66987V109
IFF	International Flavors & Fragra	12,470	$1.572M	0.9%	$86.25	+13.0%	COM	459506101
—	Schneider Electric SA	26,154	$1.542M	0.9%	$73.60	—	COM	483410007
LEG	Leggett & Platt Inc.	30,049	$1.536M	0.9%	$39.97	+23.2%	COM	524660107
—	Urstadt Biddle Properties Inc.	60,008	$1.487M	0.9%	$20.94	—	COM	917286205
GOOD	Gladstone Commerical Corp.	86,408	$1.459M	0.8%	$18.52	—	COM	376536108
HON	Honeywell International Inc.	12,400	$1.442M	0.8%	$73.75	+14.2%	COM	438516106
O	Realty Income Corp.	20,119	$1.395M	0.8%	$25.78	+49.7%	COM	756109104
PAA	Plains All American Pipeline L	48,372	$1.33M	0.8%	$55.02	—	UNIT LTD PARTN	726503105
—	Genworth MI Canada Inc.	50,787	$1.296M	0.8%	$23.27	—	COM	37252B953
LECO	Lincoln Electric Holdings Inc.	21,855	$1.291M	0.7%	$60.75	-0.9%	COM	533900106
—	Gaztransport et Technigaz SAS	42,146	$1.283M	0.7%	$38.55	—	COM	BJYRDP5
—	CDK Global Holdings LLC	23,067	$1.28M	0.7%	$32.29	—	COM	12508E101
HUBB	Hubbell Inc.	12,130	$1.279M	0.7%	$76.59	+12.1%	COM	443510607
—	Anadarko Petroleum Corp.	23,956	$1.276M	0.7%	$86.98	—	COM	032511107
CPK	Chesapeake Utilities Corp.	18,887	$1.25M	0.7%	$35.93	+39.8%	COM	165303108
SNN	Smith & Nephew PLC	34,514	$1.185M	0.7%	$41.26	—	COM	83175M205
—	St. Gobain SA	30,287	$1.156M	0.7%	$43.91	—	COM	738048909
GVDNY	Givaudan SA ADR	28,469	$1.144M	0.7%	$32.64	—	ADR	37636P108
—	DCP Midstream Partners LP	32,226	$1.111M	0.6%	$47.78	—	UNIT LTD PARTN	23311P100
EDPFY	Energias de Portugal, SA ADR	35,983	$1.104M	0.6%	$32.58	—	ADR	268353109
OXY	Occidental Petroleum Corp.	14,243	$1.076M	0.6%	$57.86	-2.0%	COM	674599105
LIFZF	Labrador Iron Ore Royalty Corp	111,425	$1.065M	0.6%	$3.79	0.0%	COM	505440107
—	Bats Global Market Inc.	41,240	$1.059M	0.6%	$25.68	—	COM	05491G109
NDSN	Nordson Corp.	12,578	$1.052M	0.6%	$64.09	+13.6%	COM	655663102
—	Precinct Properties New Zealan	1,175,180	$1.042M	0.6%	$0.80	—	COM	609327903
CMCSA	Comcast Corp.	15,932	$1.039M	0.6%	$20.08	+23.1%	COM	20030N101
MO	Altria Group, Inc.	14,725	$1.015M	0.6%	$19.17	+73.2%	COM	02209S103
—	Total SA ADR	20,819	$1.001M	0.6%	$48.70	—	ADR	89151E109
TNC	Tennant Co.	18,260	$984K	0.6%	$51.39	-8.8%	COM	880345103
SYF	Synchrony Financial	38,564	$975K	0.6%	$24.13	-3.7%	COM	87165B103
CLX	The Clorox Co.	6,792	$940K	0.5%	$62.46	+58.0%	COM	189054109
VZ	Verizon Communications Inc.	16,634	$929K	0.5%	$26.96	+16.8%	COM	92343V104
—	Ferrellgas Partners LP	49,750	$919K	0.5%	$22.07	—	UNIT LTD PARTN	315293100
XRAY	Dentsply Sirona Inc.	14,717	$913K	0.5%	$59.00	+4.3%	COM	24906P109
SBH	Sally Beauty Holdings Inc.	30,022	$883K	0.5%	$30.60	-2.3%	COM	79546E104
SPH	Suburban Propane Partners LP	23,725	$792K	0.5%	$44.78	—	UNIT LTD PARTN	864482104
—	Cominar REIT	60,580	$786K	0.5%	$19.72	—	COM	199910951
GLP	Global Partners LP	56,966	$781K	0.5%	$37.36	—	UNIT LTD PARTN	37946R109
MMLP	Martin Midstream Partners LP	33,148	$766K	0.4%	$43.94	—	UNIT LTD PARTN	573331105
OGS	ONE Gas, Inc.	11,347	$756K	0.4%	$35.09	+71.8%	COM	68235P108
—	H&R REIT	43,645	$756K	0.4%	$20.79	—	COM	404428203
KMI	Kinder Morgan, Inc.	40,232	$753K	0.4%	$22.07	-50.6%	COM	49456B101
MYGN	Myriad Genetics Inc.	24,432	$748K	0.4%	$36.02	-3.6%	COM	62855J104
CMI	Cummins Inc.	6,587	$741K	0.4%	$82.71	+6.0%	COM	231021106
—	Reckitt Benckiser PLC	7,270	$728K	0.4%	$85.96	—	COM	B24CGK904
—	Apache Corp.	12,750	$710K	0.4%	$55.69	—	COM	037411105
—	Vermilion Energy Trust	22,224	$704K	0.4%	$48.73	—	COM	923725956
ITW	Illinois Tool Works Inc.	6,690	$697K	0.4%	$71.40	+16.6%	COM	452308109
CROMF	Crombie REIT	58,410	$690K	0.4%	$12.97	—	COM	227107109
USAC	USA Compression Partners LP	46,886	$687K	0.4%	$23.16	—	UNIT LTD PARTN	90290N109
—	Enerplus Resources Fund Trust	103,272	$678K	0.4%	$12.63	—	COM	292766102
LKQ	LKQ Corp.	21,223	$673K	0.4%	$27.10	+7.6%	COM	501889208
AHRT	Armada Hoffler Properties, Inc	44,255	$608K	0.4%	$11.30	—	COM	04208T108
FAST	Fastenal Co.	13,230	$587K	0.3%	$8.42	+5.4%	COM	311900104
—	Bank of Ireland	2,866,810	$581K	0.3%	$0.41	—	COM	3060625
—	Credito Real Sofom ENR	306,783	$578K	0.3%	$1.67	—	COM	B8DST5905
THR	Thermon Group Holdings, Inc.	29,973	$576K	0.3%	$20.58	-6.8%	COM	88362T103
CHD	Church & Dwight Co., Inc.	5,556	$572K	0.3%	$30.21	+41.0%	COM	171340102
NBIS	Yandex NV	25,713	$562K	0.3%	$28.24	—	COM	N97284108
—	Novolipetsk GDR	37,765	$491K	0.3%	$12.50	—	ADR	67011E204
—	HFF Inc.	14,860	$429K	0.2%	$30.17	—	COM	40418F108
ECL	Ecolab, Inc.	3,445	$409K	0.2%	$86.03	+22.0%	COM	278865100
—	Teekay LNG Partners LP	36,046	$406K	0.2%	$39.25	—	UNIT LTD PARTN	Y8564M105
IMO	Imperial Oil Ltd.	12,198	$385K	0.2%	$30.02	-16.1%	COM	453038408
—	Metaldyne Performance Group, I	27,670	$380K	0.2%	$17.18	—	COM	59116R107
SHO	Sunstone Hotel Investors Inc.	29,292	$354K	0.2%	$16.14	—	COM	867892101
AAPL	Apple Inc.	3,322	$318K	0.2%	$20.61	+9.7%	COM	037833100
ALOT	AstroNova, Inc.	20,407	$311K	0.2%	$13.49	0.0%	COM	04638F108
—	IMI PLC	23,560	$305K	0.2%	$13.31	—	COM	BGLP8L902
SSL	Sasol Ltd. ADR	10,167	$276K	0.2%	$44.47	—	ADR	803866300
—	Pengrowth Energy Trust	135,519	$249K	0.1%	$5.10	—	COM	70706P104
OKE	ONEOK Inc.	5,219	$248K	0.1%	$22.12	0.0%	COM	682680103
HAS	Hasbro Inc.	2,867	$241K	0.1%	$53.50	+14.5%	COM	418056107
XOM	Exxon Mobil Corp.	2,386	$224K	0.1%	$57.85	0.0%	COM	30231G102
GSM	Ferroglobe PLC	25,710	$221K	0.1%	$10.52	-18.2%	COM	G33856108
—	Partners REIT	78,769	$213K	0.1%	$6.30	—	COM	70214B977
CRTO	Criteo SA ADS	4,568	$210K	0.1%	$45.97	—	ADR	226718104
ROSYY	Rostelecom Long Distance ADR	21,455	$186K	0.1%	$15.84	—	ADR	778529107
—	Qiwi PLC	11,693	$153K	0.1%	$28.15	—	COM	74735M108
—	WPT Industrial REIT	13,345	$147K	0.1%	$10.49	—	COM	92937G109
—	Calumet Specialty Products Par	19,997	$98,000	0.1%	$22.29	—	UNIT LTD PARTN	131476103
—	Mechel Open Joint Stock Co. AD	34,183	$57,000	0.0%	$2.42	—	ADR	583840103
—	Spectral Medical Inc.	20,000	$15,000	0.0%	$0.25	—	COM	847574100
—	Lakeview Hotel Investment Corp	73,900	$8,000	0.0%	$0.37	—	COM	HCB8J36M0
—	Breitburn Energy Partners LP	67,509	$5,000	0.0%	$16.57	—	UNIT LTD PARTN	106776107
—	Lakeview Hotel Investment Co.	23,294	$2,000	0.0%	$0.40	—	COM	51222P950