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
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
CARDINAL HEALTH INC COM 14149Y108 2,452,477 42,175 SH SOLE 42,175 0 0
CISCO SYS INC COM 17275R102 714,183 36,966 SH SOLE 36,966 0 0
CONOCOPHILLIPS COM 20825C104 309,376 3,563 SH SOLE 3,563 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 474,754 13,122 SH SOLE 13,122 0 0
EXXON MOBIL CORP COM 30231G102 6,558,820 127,952 SH SOLE 127,952 0 0
JPMORGAN CHASE & CO COM 46625H100 769,862 19,735 SH SOLE 19,735 0 0
ORACLE CORP COM 68389X105 408,856 29,800 SH SOLE 29,800 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 243,511 5,948 SH SOLE 5,948 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 212,232 5,239 SH SOLE 5,239 0 0
DREYFUS MUN INCOME INC COM COM 26201R102 233,830 23,383 SH SOLE 23,383 0 0
BLACKROCK INCOME TR INC COM 09247F100 206,353 28,700 SH SOLE 28,700 0 0
AMERICAN STRATEGIC INCOME II COM 03009T101 200,284 16,270 SH SOLE 16,270 0 0
NELNET INC CL A 64031N108 16,813,368 624,336 SH SOLE 624,336 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 388,414 87,284 SH SOLE 87,284 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 665,469 75,450 SH SOLE 75,450 0 0
AIR PRODS & CHEMS INC COM 009158106 655,119 11,301 SH SOLE 11,301 0 0
APPLIED MATLS INC COM 038222105 1,970,347 115,225 SH SOLE 115,225 0 0
BP PLC SPONSORED ADR 055622104 238,856 4,090 SH SOLE 4,090 0 0
BECTON DICKINSON & CO COM 075887109 437,360 7,700 SH SOLE 7,700 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 556,467 21,720 SH SOLE 21,720 0 0
CHEVRON CORP NEW COM 166764100 2,609,747 49,700 SH SOLE 49,700 0 0
CLOROX CO DEL COM 189054109 562,782 9,550 SH SOLE 9,550 0 0
COCA COLA CO COM 191216100 273,908 6,578 SH SOLE 6,578 0 0
COLGATE PALMOLIVE CO COM 194162103 1,924,895 37,625 SH SOLE 37,625 0 0
CONAGRA BRANDS INC COM 205887102 1,851,463 62,868 SH SOLE 62,868 0 0
DISNEY WALT CO COM DISNEY 254687106 1,474,512 53,040 SH SOLE 53,040 0 0
GENERAL ELECTRIC CO COM 369604103 2,086,413 57,162 SH SOLE 57,162 0 0
HOME DEPOT INC COM 437076102 2,815,540 65,876 SH SOLE 65,876 0 0
HONEYWELL INTL INC COM 438516106 955,184 26,975 SH SOLE 26,975 0 0
IDACORP INC COM 451107106 441,125 14,430 SH SOLE 14,430 0 0
INTEL CORP COM 458140100 1,746,531 74,670 SH SOLE 74,670 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 934,046 9,475 SH SOLE 9,475 0 0
JOHNSON & JOHNSON COM 478160104 1,816,032 28,635 SH SOLE 28,635 0 0
MARATHON OIL CORP COM 565849106 1,229,847 32,700 SH SOLE 32,700 0 0
MICROSOFT CORP COM 594918104 2,467,084 92,331 SH SOLE 92,331 0 0
NEWELL BRANDS INC COM 651229106 1,595,331 65,950 SH SOLE 65,950 0 0
PAYCHEX INC COM 704326107 1,831,800 53,750 SH SOLE 53,750 0 0
PFIZER INC COM 717081103 2,568,587 95,522 SH SOLE 95,522 0 0
PLUM CREEK TIMBER CO INC COM 729251108 375,212 9,761 SH SOLE 9,761 0 0
SAFEWAY INC COM 786514208 239,841 12,150 SH SOLE 12,150 0 0
SCHLUMBERGER LTD COM 806857108 415,090 6,200 SH SOLE 6,200 0 0
STEWART ENTERPRISES INC CL A 860370105 1,017,024 145,497 SH SOLE 145,497 0 0
SYSCO CORP COM 871829107 120,534,523 3,157,834 SH SOLE 3,157,834 0 0
TEXAS INSTRS INC COM 882508104 702,901 28,550 SH SOLE 28,550 0 0
US BANCORP DEL COM NEW 902973304 6,662,328 212,718 SH SOLE 212,718 0 0
UNION PAC CORP COM 907818108 301,280 4,480 SH SOLE 4,480 0 0
WALMART INC COM 931142103 313,804 5,941 SH SOLE 5,941 0 0
WALGREEN CO COM 931422109 364,515 9,500 SH SOLE 9,500 0 0
WELLS FARGO CO NEW COM 949746101 5,429,486 87,361 SH SOLE 87,361 0 0
LEVEL 3 COMMUNICATIONS INC COM 52729N100 56,444 16,650 SH SOLE 16,650 0 0
CITIGROUP INC COM 172967101 227,988 4,732 SH SOLE 4,732 0 0
MOTOROLA INC COM 620076109 1,466,300 85,250 SH SOLE 85,250 0 0
EF JOHNSON TECHNOLOGIES INC COM 26843B101 205,218 21,048 SH SOLE 21,048 0 0
MORGAN STANLEY HIGH YIELD FD COM 61744M104 269,840 41,450 SH SOLE 41,450 0 0
TRINITY INDS INC COM 896522109 522,276 15,325 SH SOLE 15,325 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 2,985,912 1,017 SH SOLE 1,017 0 0
MERCK & CO INC COM 589331107 485,185 15,096 SH SOLE 15,096 0 0
SCHERING PLOUGH CORP COM 806605101 243,774 11,675 SH SOLE 11,675 0 0
INGERSOLL-RAND COMPANY LTD CL A G4776G101 1,206,508 15,025 SH SOLE 15,025 0 0
AMERICAN INTL GROUP INC COM 026874107 2,388,878 36,377 SH SOLE 36,377 0 0
WASHINGTON MUT INC COM 939322103 2,017,813 47,725 SH SOLE 47,725 0 0
HYPERION TOTAL RETURN & INCO COM 449145101 279,000 27,900 SH SOLE 27,900 0 0
GANNETT INC COM 364730101 1,781,060 21,800 SH SOLE 21,800 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 353,871 9,943 SH SOLE 9,943 0 0
ZIONS BANCORPORATION N A COM 989701107 639,482 9,400 SH SOLE 9,400 0 0
SAFECO CORP COM 786429100 958,604 18,350 SH SOLE 18,350 0 0
ALLTEL CORP COM 020039103 10,180,170 173,250 SH SOLE 173,250 0 0
WD-40 CO COM 929236107 775,167 27,285 SH SOLE 27,285 0 0
COLONIAL MUN INCOME TR SH BEN INT 195799101 167,855 29,500 SH SOLE 29,500 0 0
FIRST DATA CORP COM 319963104 1,242,168 29,200 SH SOLE 29,200 0 0
NUVEEN ARIZONA QLTY MUN INC COM 67061W104 152,100 10,000 SH SOLE 10,000 0 0
UNITED DOMINION REALTY TR IN COM 910197102 260,400 10,500 SH SOLE 10,500 0 0
MANAGED HIGH INCOME PORTFOLI COM 56166C105 431,321 65,650 SH SOLE 65,650 0 0
LUCENT TECHNOLOGIES INC COM 549463107 61,059 16,239 SH SOLE 16,239 0 0
SHURGARD STORAGE CTRS INC COM 82567D104 270,662 6,150 SH SOLE 6,150 0 0
VAN KAMPEN VALUE MUN INCOME COM 921132106 160,887 11,650 SH SOLE 11,650 0 0
COMPUTER ASSOC INTL INC COM 204912109 819,984 26,400 SH SOLE 26,400 0 0
OPPENHEIMER MULTI-SECTOR INC SH BEN INT 683933105 1,146,706 129,425 SH SOLE 129,425 0 0
ROYAL DUTCH PETE CO NY REG EUR 0.56 780257804 228,602 3,984 SH SOLE 3,984 0 0
SUNGARD DATA SYS INC COM 867363103 2,626,899 92,725 SH SOLE 92,725 0 0
TCW STRATEGIC INCOME FD INC COM 872340104 75,914 14,163 SH SOLE 14,163 0 0
UNOCAL CORP COM 915289102 1,478,462 34,192 SH SOLE 34,192 0 0
DPL INC COM 233293109 416,826 16,600 SH SOLE 16,600 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 573,716 14,325 SH SOLE 14,325 0 0
KING PHARMACEUTICALS INC COM 495582108 1,093,878 88,216 SH SOLE 88,216 0 0
RITE AID CORP COM COM 767754104 70,272 19,200 SH SOLE 19,200 0 0
ZALE CORP COM 988858106 1,535,318 51,400 SH SOLE 51,400 0 0
ZWEIG TOTAL RETURN FD INC COM 989837109 64,981 12,146 SH SOLE 12,146 0 0