Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
INGR	Ingredion Inc.	54,282	$7.223M	2.3%	$101.28	+31.9%	COM	457187102
CL	Colgate-Palmolive Co.	96,250	$7.136M	2.3%	$51.53	+15.2%	COM	194162103
HRL	Hormel Foods Corp.	184,454	$6.996M	2.3%	$26.31	+11.9%	COM	440452100
ADP	Automatic Data Processing Inc.	72,724	$6.414M	2.1%	$58.40	+26.9%	COM	053015103
FISV	Fiserv Inc.	63,506	$6.317M	2.0%	$36.93	+42.0%	COM	337738108
OMC	Omnicom Group	74,182	$6.305M	2.0%	$50.71	+19.4%	COM	681919106
GIS	General Mills Inc.	97,854	$6.251M	2.0%	$39.87	+25.4%	COM	370334104
—	Monmouth Real Estate Investmen	428,434	$6.114M	2.0%	$11.73	—	COM	609720107
HEINY	Heineken NV ADR	131,620	$5.773M	1.9%	$37.88	—	ADR	423012301
—	Buckeye Partners LP	75,646	$5.416M	1.7%	$70.73	—	UNIT LTD PARTN	118230101
—	TC Pipelines LP	93,324	$5.322M	1.7%	$52.42	—	UNIT LTD PARTN	87233Q108
PAC	Grupo Aeroportuario Del Pacifi	52,864	$5.02M	1.6%	$71.37	—	ADR	400506101
MKC	McCormick & Company, Inc.	49,930	$4.989M	1.6%	$34.29	+23.6%	COM	579780206
—	Amerigas Partners LP	107,772	$4.921M	1.6%	$47.10	—	UNIT LTD PARTN	030975106
ATR	Aptargroup, Inc.	63,558	$4.92M	1.6%	$57.17	+20.6%	COM	038336103
—	Bemis Co. Inc.	96,306	$4.913M	1.6%	$44.30	—	COM	081437105
PB	Prosperity Bancshares Inc.	87,862	$4.823M	1.6%	$37.26	+8.7%	COM	743606105
TD	Toronto Dominion Bank	108,240	$4.806M	1.5%	$43.19	+1.5%	COM	891160509
EPD	Enterprise Products Partners L	164,174	$4.536M	1.5%	$40.86	—	UNIT LTD PARTN	293792107
PAYX	Paychex, Inc.	77,654	$4.494M	1.4%	$34.06	+33.1%	COM	704326107
—	Praxair, Inc.	37,014	$4.472M	1.4%	$119.34	—	COM	74005P104
NSC	Norfolk & Southern Corp.	44,754	$4.344M	1.4%	$65.36	+15.0%	COM	655844108
EMR	Emerson Electric Co.	78,690	$4.289M	1.4%	$41.55	+1.8%	COM	291011104
GGG	Graco, Inc.	57,110	$4.226M	1.4%	$19.37	+14.3%	COM	384109104
APD	Air Products & Chemicals Inc.	27,308	$4.105M	1.3%	$82.99	+32.4%	COM	009158106
GWW	Grainger, WW Inc.	18,182	$4.088M	1.3%	$199.18	-2.3%	COM	384802104
—	Sunoco Logistic Partners LP	143,220	$4.069M	1.3%	$44.22	—	UNIT LTD PARTN	86764L108
MCD	McDonald's Corp.	34,298	$3.957M	1.3%	$82.25	+14.9%	COM	580135101
MTD	Mettler-Toledo International,	9,206	$3.865M	1.2%	$295.17	+34.5%	COM	592688105
PH	Parker Hannifin Corp.	30,276	$3.801M	1.2%	$89.83	+14.6%	COM	701094104
KMB	Kimberly-Clark Corp.	29,786	$3.757M	1.2%	$78.86	+18.6%	COM	494368103
—	ONEOK Partners LP	88,838	$3.549M	1.1%	$44.63	—	UNIT LTD PARTN	68268N103
XYL	Xylem, Inc.	65,394	$3.43M	1.1%	$31.50	+39.0%	COM	98419M100
USPH	US Physical Therapy Inc.	54,588	$3.423M	1.1%	$42.89	+43.8%	COM	90337L108
—	Commonwealth Bank of Australia	60,306	$3.341M	1.1%	$60.61	—	COM	621503002
—	C.R. Bard Inc.	14,730	$3.304M	1.1%	$177.22	—	COM	067383109
IFF	International Flavors & Fragra	22,220	$3.177M	1.0%	$95.46	+12.3%	COM	459506101
—	National Grid PLC ADS	43,194	$3.072M	1.0%	$66.77	—	ADR	636274300
ITT	ITT Corp.	85,572	$3.067M	1.0%	$35.17	-2.9%	COM	45073V108
SHW	Sherwin-Williams Co.	11,036	$3.053M	1.0%	$62.26	+43.0%	COM	824348106
AVY	Avery Dennison Corp.	39,166	$3.047M	1.0%	$49.03	+31.4%	COM	053611109
GOOD	Gladstone Commercial Corp.	158,516	$2.953M	1.0%	$18.57	—	COM	376536108
—	Schneider Electric SA	41,398	$2.887M	0.9%	$72.18	—	COM	483410007
NVS	Novartis AG ADR	36,038	$2.846M	0.9%	$77.74	—	ADR	66987V109
PAA	Plains All American Pipeline L	87,482	$2.748M	0.9%	$44.47	—	UNIT LTD PARTN	726503105
JCI	Johnson Controls International	57,984	$2.698M	0.9%	$33.21	0.0%	COM	G51502105
O	Realty Income Corp.	40,238	$2.693M	0.9%	$34.08	+24.3%	COM	756109104
—	Anadarko Petroleum Corp.	41,982	$2.66M	0.9%	$76.84	—	COM	032511107
HON	Honeywell International Inc.	22,040	$2.57M	0.8%	$79.12	+8.7%	COM	438516106
LEG	Leggett & Platt Inc.	55,898	$2.548M	0.8%	$45.26	+13.6%	COM	524660107
—	DCP Midstream Partners LP	71,152	$2.514M	0.8%	$40.97	—	UNIT LTD PARTN	23311P100
—	Urstadt Biddle Properties Inc.	110,736	$2.461M	0.8%	$21.53	—	COM	917286205
CPK	Chesapeake Utilities Corp.	40,206	$2.455M	0.8%	$45.45	+18.5%	COM	165303108
—	Gaztransport et Technigaz SAS	82,862	$2.395M	0.8%	$33.81	—	COM	BJYRDP5
—	Genworth MI Canada Inc.	92,374	$2.373M	0.8%	$24.36	—	COM	37252B953
HUBB	Hubbell Inc.	21,350	$2.3M	0.7%	$81.16	+7.4%	COM	443510607
—	CDK Global Holdings LLC	39,964	$2.292M	0.7%	$42.89	—	COM	12508E101
NDSN	Nordson Corp.	22,646	$2.256M	0.7%	$72.99	+15.2%	COM	655663102
EDPFY	Energias de Portugal, SA ADR	66,996	$2.252M	0.7%	$33.06	—	ADR	268353109
VZ	Verizon Communications Inc.	43,108	$2.241M	0.7%	$30.61	+7.5%	COM	92343V104
LECO	Lincoln Electric Holdings Inc.	35,790	$2.241M	0.7%	$61.34	+1.5%	COM	533900106
—	St. Gobain SA	51,724	$2.236M	0.7%	$43.63	—	COM	738048909
SNN	Smith & Nephew PLC	64,358	$2.11M	0.7%	$37.33	—	COM	83175M205
GVDNY	Givaudan SA ADR	50,518	$2.052M	0.7%	$36.12	—	ADR	37636P108
LIFZF	Labrador Iron Ore Royalty Corp	193,800	$2.05M	0.7%	$3.92	+4.7%	COM	505440107
TNC	Tennant Co.	31,350	$2.031M	0.7%	$52.79	+3.7%	COM	880345103
SYF	Synchrony Financial	71,538	$2.003M	0.6%	$23.14	-5.0%	COM	87165B103
—	Precinct Properties New Zealan	2,090,200	$1.976M	0.6%	$0.86	—	COM	609327903
—	Total SA ADR	40,398	$1.927M	0.6%	$48.22	—	ADR	89151E109
—	Bats Global Market Inc.	62,310	$1.877M	0.6%	$27.18	—	COM	05491G109
OXY	Occidental Petroleum Corp.	25,656	$1.871M	0.6%	$57.65	-0.5%	COM	674599105
—	Ship Finance International Ltd	123,760	$1.823M	0.6%	$14.73	—	COM	G81075106
GLP	Global Partners LP	102,942	$1.661M	0.5%	$27.88	—	UNIT LTD PARTN	37946R109
MO	Altria Group, Inc.	26,250	$1.66M	0.5%	$26.02	+33.6%	COM	02209S103
XRAY	Dentsply Sirona Inc.	26,164	$1.555M	0.5%	$60.07	+2.3%	COM	24906P109
USAC	USA Compression Partners LP	82,152	$1.543M	0.5%	$21.28	—	UNIT LTD PARTN	90290N109
KMI	Kinder Morgan, Inc.	65,976	$1.526M	0.5%	$18.55	-29.6%	COM	49456B101
CMI	Cummins Inc.	11,904	$1.525M	0.5%	$88.08	+7.5%	COM	231021106
—	Apache Corp.	22,410	$1.431M	0.5%	$59.21	—	COM	037411105
ITW	Illinois Tool Works Inc.	11,910	$1.427M	0.5%	$80.81	+14.9%	COM	452308109
—	Vermilion Energy Trust	36,528	$1.412M	0.5%	$44.79	—	COM	923725956
OGS	ONE Gas, Inc.	22,694	$1.403M	0.5%	$49.26	+28.8%	COM	68235P108
SPH	Suburban Propane Partners LP	40,770	$1.358M	0.4%	$39.98	—	UNIT LTD PARTN	864482104
CMCSA	Comcast Corp.	20,222	$1.342M	0.4%	$21.47	+24.0%	COM	20030N101
FBK	FB Financial Corp.	66,270	$1.337M	0.4%	$18.53	0.0%	COM	30257X104
CLX	The Clorox Co.	10,494	$1.314M	0.4%	$75.79	+32.3%	COM	189054109
LKQ	LKQ Corp.	36,626	$1.299M	0.4%	$28.79	+8.1%	COM	501889208
—	H&R REIT	74,352	$1.269M	0.4%	$19.25	—	COM	404428203
AHRT	Armada Hoffler Properties, Inc	93,100	$1.248M	0.4%	$12.40	—	COM	04208T108
—	Reckitt Benckiser PLC	12,930	$1.22M	0.4%	$89.64	—	COM	B24CGK904
—	Enerplus Resources Fund Trust	189,854	$1.217M	0.4%	$9.80	—	COM	292766102
—	Cominar REIT	104,220	$1.21M	0.4%	$16.33	—	COM	199910951
MMLP	Martin Midstream Partners LP	57,506	$1.152M	0.4%	$33.82	—	UNIT LTD PARTN	573331105
—	Ferrellgas Partners LP	95,180	$1.108M	0.4%	$17.09	—	UNIT LTD PARTN	315293100
CHD	Church & Dwight Company, Inc.	22,184	$1.063M	0.3%	$40.32	+8.4%	COM	171340102
NBIS	Yandex NV	48,020	$1.011M	0.3%	$24.90	—	COM	N97284108
FAST	Fastenal Co.	23,010	$961K	0.3%	$8.38	-0.7%	COM	311900104
—	Bank of Ireland	4,541,640	$944K	0.3%	$0.33	—	COM	3060625
—	Credito Real Sofom ENR	537,456	$926K	0.3%	$1.69	—	COM	B8DST5905
SBH	Sally Beauty Holdings Inc.	35,864	$921K	0.3%	$30.18	-7.2%	COM	79546E104
CROMF	Crombie REIT	83,420	$908K	0.3%	$12.35	—	COM	227107109
MYGN	Myriad Genetics Inc.	43,924	$904K	0.3%	$31.29	-19.0%	COM	62855J104
ECL	Ecolab, Inc.	6,860	$835K	0.3%	$97.45	+11.8%	COM	278865100
HAS	Hasbro Inc.	10,460	$830K	0.3%	$57.62	+2.7%	COM	418056107
THR	Thermon Group Holdings, Inc.	41,776	$825K	0.3%	$20.25	-4.1%	COM	88362T103
—	Novolipetsk GDR	61,730	$802K	0.3%	$12.69	—	COM	67011E204
IMO	Imperial Oil Ltd.	24,396	$764K	0.2%	$27.40	-9.6%	COM	453038408
—	Metaldyne Performance Group, I	45,560	$722K	0.2%	$16.65	—	COM	59116R107
—	Teekay LNG Partners LP	47,240	$715K	0.2%	$33.54	—	UNIT LTD PARTN	Y8564M105
—	HFF Inc.	23,960	$663K	0.2%	$29.22	—	COM	40418F108
SHO	Sunstone Hotel Investors Inc.	48,636	$622K	0.2%	$14.80	—	COM	867892101
—	IMI PLC	40,480	$565K	0.2%	$13.58	—	COM	BGLP8L902
ALOT	AstroNova, Inc.	36,694	$543K	0.2%	$13.92	+3.9%	COM	04638F108
OKE	ONEOK Inc.	10,438	$536K	0.2%	$24.42	+9.4%	COM	682680103
GSM	Ferroglobe PLC	41,880	$378K	0.1%	$9.71	-13.3%	COM	G33856108
—	Pengrowth Energy Trust	227,038	$361K	0.1%	$3.68	—	COM	70706P104
—	WPT Industrial REIT	22,830	$257K	0.1%	$10.81	—	COM	92937G109
ROSYY	Rostelecom Long Distance ADR	30,200	$226K	0.1%	$13.42	—	ADR	778529107
—	Mechel Open Joint Stock Co. AD	59,272	$170K	0.1%	$2.87	—	ADR	583840608
—	Calumet Specialty Products Par	21,844	$99,000	0.0%	$20.79	—	UNIT LTD PARTN	131476103
—	Spectral Medical Inc.	40,000	$49,000	0.0%	$0.74	—	COM	847574100
—	Breitburn Energy Partners LP	122,778	$8,000	0.0%	$9.14	—	UNIT LTD PARTN	106776107