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

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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
3M COCommon Stock88579Y1012,23311,590SH SOLE 11,59000
ANALOG DEVICESCommon Stock0326541052451,579SH SOLE 1,57900
AT&T INC.Common Stock00206R1021444,771SH SOLE 4,77100
AUTOMATIC DATA PROCESSINGCommon Stock0530151031,90410,105SH SOLE 10,10500
BLACKROCK INCCommon Stock09247X1012,8233,744SH SOLE 3,74400
BRISTOL-MYERS SQUIBB COCommon Stock1101221081,70527,000SH SOLE 27,00000
BROADCOM INCCommon Stock11135F10177165SH SOLE 16500
CATERPILLAR INCCommon Stock1491231013731,610SH SOLE 1,61000
CISCO SYSTEMSCommon Stock17275R1022,17742,098SH SOLE 42,09800
COCA-COLA COMPANYCommon Stock1912161002,00938,113SH SOLE 38,11300
CONOCOPHILLIPSCommon Stock20825C1041,49028,129SH SOLE 28,12900
CORNING INCCommon Stock2193501052686,168SH SOLE 6,16800
EASTMAN CHEMICALCommon Stock2774321001,50013,623SH SOLE 13,62300
EXXON MOBIL CORPORATIONCommon Stock30231G1021,81832,561SH SOLE 32,56100
GENERAL MILLS INCCommon Stock3703341042,08534,002SH SOLE 34,00200
HOME DEPOT INCCommon Stock4370761021,5094,942SH SOLE 4,94200
INTEL CORP.Common Stock4581401002,00531,334SH SOLE 31,33400
INTERNATIONAL PAPER CO.Common Stock4601461032584,763SH SOLE 4,76300
INTL BUSINESS MACHINES CORPCommon Stock4592001011,68712,660SH SOLE 12,66000
ISHARES IBOXXInvestment Grade Corp Bond ETF46428724223,434197,330SH SOLE 197,33000
JOHNSON & JOHNSONCommon Stock4781601042,12012,897SH SOLE 12,89700
KIMBERLY-CLARK CORPCommon Stock4943681032,01914,521SH SOLE 14,52100
KROGER COMPANYCommon Stock5010441011,49741,600SH SOLE 41,60000
LINDE PLCCommon StockG5494J1032,4098,599SH SOLE 8,59900
LOCKHEED MARTINCommon Stock5398301091,5394,166SH SOLE 4,16600
LYONDELLBASELL INDUSTRIES N.V.Common StockN5374510010100SH SOLE 10000
MARATHON PETROLEUM CORPCommon Stock56585A1021,37825,760SH SOLE 25,76000
MCDONALD'S CORPCommon Stock5801351011,6467,342SH SOLE 7,34200
MERCK & CO INCCommon Stock58933Y1051,70922,166SH SOLE 22,16600
METLIFE INCCommon Stock59156R1081,84730,381SH SOLE 30,38100
MICROSOFT CORPORATIONCommon Stock5949181042,2539,555SH SOLE 9,55500
OWL ROCK CAPITAL CORPCommon Stock69121K10431,6412,297,847SH SOLE 2,297,84700
PAYCHEX INCCommon Stock7043261071,49515,252SH SOLE 15,25200
PEPSICO INCCommon Stock7134481081,89513,394SH SOLE 13,39400
PFIZER INCCommon Stock7170811031,81950,205SH SOLE 50,20500
PHILIP MORRIS INTERNATIONALCommon Stock7181721097768,747SH SOLE 8,74700
PRINCIPAL FINANCIAL GROUP INCCommon Stock74251V1021,62627,122SH SOLE 27,12200
PROCTER & GAMBLE CO.Common Stock7427181092,07715,339SH SOLE 15,33900
PRUDENTIAL FINANCIAL INC.Common Stock7443201021,45015,912SH SOLE 15,91200
QUALCOMM INCCommon Stock74752510366500SH SOLE 50000
QUEST DIAGNOSTICS INCCommon Stock74834L1001,49011,612SH SOLE 11,61200
SCHLUMBERGER LTDCommon Stock80685710882630,366SH SOLE 30,36600
TARGET CORPCommon Stock87612E1065552,801SH SOLE 2,80100
TEXAS INSTRUMENTS INCCommon Stock8825081043,02816,023SH SOLE 16,02300
UNION PACIFIC CORP.Common Stock9078181082,55111,575SH SOLE 11,57500
UNITED PARCEL SERVICE-CL BCommon Stock9113121063,24619,097SH SOLE 19,09700
US BANCORPCommon Stock9029733041693,063SH SOLE 3,06300
VERIZON COMMUNICATIONS INCCommon Stock92343V1041,83431,532SH SOLE 31,53200
WALMART INCCommon Stock9311421031,61311,877SH SOLE 11,87700
WASTE MANAGEMENT INC.Common Stock94106L1091,49811,608SH SOLE 11,60800
WELLS FARGO & COMPANYCommon Stock9497461011,41036,100SH SOLE 36,10000
WESTROCK COMPANYCommon Stock96145D1051,30825,124SH SOLE 25,12400