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 1,862,413 42,550 SH SOLE 42,550 0 0
CISCO SYS INC COM 17275R102 636,505 35,166 SH SOLE 35,166 0 0
CONOCOPHILLIPS COM 20825C104 311,765 3,763 SH SOLE 3,763 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 413,292 13,332 SH SOLE 13,332 0 0
EXXON MOBIL CORP COM 30231G102 6,422,380 132,886 SH SOLE 132,886 0 0
JPMORGAN CHASE & CO COM 46625H100 799,804 20,131 SH SOLE 20,131 0 0
ORACLE CORP COM 68389X105 336,144 29,800 SH SOLE 29,800 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 261,106 7,259 SH SOLE 7,259 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 218,874 5,558 SH SOLE 5,558 0 0
DREYFUS MUN INCOME INC COM COM 26201R102 239,676 23,383 SH SOLE 23,383 0 0
BLACKROCK INCOME TR INC COM 09247F100 213,729 28,650 SH SOLE 28,650 0 0
AMERICAN STRATEGIC INCOME II COM 03009T101 204,026 16,270 SH SOLE 16,270 0 0
NELNET INC CL A 64031N108 13,995,020 625,336 SH SOLE 625,336 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 412,762 90,320 SH SOLE 90,320 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 694,146 79,150 SH SOLE 79,150 0 0
AIR PRODS & CHEMS INC COM 009158106 614,548 11,301 SH SOLE 11,301 0 0
APPLIED MATLS INC COM 038222105 1,846,880 112,000 SH SOLE 112,000 0 0
BP PLC SPONSORED ADR 055622104 296,164 5,148 SH SOLE 5,148 0 0
BECTON DICKINSON & CO COM 075887109 780,670 15,100 SH SOLE 15,100 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 514,112 21,720 SH SOLE 21,720 0 0
CHEVRON CORP NEW COM 166764100 2,665,908 49,700 SH SOLE 49,700 0 0
CLOROX CO DEL COM 189054109 514,345 9,650 SH SOLE 9,650 0 0
COCA COLA CO COM 191216100 335,539 8,378 SH SOLE 8,378 0 0
COLGATE PALMOLIVE CO COM 194162103 1,419,782 31,425 SH SOLE 31,425 0 0
CONAGRA BRANDS INC COM 205887102 1,631,762 63,468 SH SOLE 63,468 0 0
DISNEY WALT CO COM DISNEY 254687106 947,438 42,015 SH SOLE 42,015 0 0
GENERAL ELECTRIC CO COM 369604103 1,936,290 57,662 SH SOLE 57,662 0 0
HOME DEPOT INC COM 437076102 2,418,679 61,701 SH SOLE 61,701 0 0
HONEYWELL INTL INC COM 438516106 996,012 27,775 SH SOLE 27,775 0 0
IDACORP INC COM 451107106 419,336 14,430 SH SOLE 14,430 0 0
INTEL CORP COM 458140100 1,533,988 76,470 SH SOLE 76,470 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 846,683 9,875 SH SOLE 9,875 0 0
JOHNSON & JOHNSON COM 478160104 1,565,129 27,785 SH SOLE 27,785 0 0
MARATHON OIL CORP COM 565849106 1,353,984 32,800 SH SOLE 32,800 0 0
MICROSOFT CORP COM 594918104 2,447,882 88,531 SH SOLE 88,531 0 0
NEWELL BRANDS INC COM 651229106 1,056,108 52,700 SH SOLE 52,700 0 0
PAYCHEX INC COM 704326107 1,445,693 47,950 SH SOLE 47,950 0 0
PFIZER INC COM 717081103 3,421,753 111,822 SH SOLE 111,822 0 0
PLUM CREEK TIMBER CO INC COM 729251108 341,928 9,761 SH SOLE 9,761 0 0
SAFEWAY INC COM 786514208 333,580 17,275 SH SOLE 17,275 0 0
SCHLUMBERGER LTD COM 806857108 417,322 6,200 SH SOLE 6,200 0 0
STEWART ENTERPRISES INC CL A 860370105 1,009,119 145,197 SH SOLE 145,197 0 0
SYSCO CORP COM 871829107 94,482,393 3,157,834 SH SOLE 3,157,834 0 0
TEXAS INSTRS INC COM 882508104 358,568 16,850 SH SOLE 16,850 0 0
US BANCORP DEL COM NEW 902973304 7,136,682 246,944 SH SOLE 246,944 0 0
UNION PAC CORP COM 907818108 262,528 4,480 SH SOLE 4,480 0 0
WALMART INC COM 931142103 278,821 5,241 SH SOLE 5,241 0 0
WALGREEN CO COM 931422109 340,385 9,500 SH SOLE 9,500 0 0
WELLS FARGO CO NEW COM 949746101 5,235,394 87,798 SH SOLE 87,798 0 0
LEVEL 3 COMMUNICATIONS INC COM 52729N100 44,419 17,150 SH SOLE 17,150 0 0
CITIGROUP INC COM 172967101 208,776 4,732 SH SOLE 4,732 0 0
MOTOROLA INC COM 620076109 1,363,824 75,600 SH SOLE 75,600 0 0
EF JOHNSON TECHNOLOGIES INC COM 26843B101 308,982 46,048 SH SOLE 46,048 0 0
MORGAN STANLEY HIGH YIELD FD COM 61744M104 269,840 41,450 SH SOLE 41,450 0 0
TRINITY INDS INC COM 896522109 950,685 30,500 SH SOLE 30,500 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 2,144,637 747 SH SOLE 747 0 0
MERCK & CO INC COM 589331107 700,056 21,246 SH SOLE 21,246 0 0
SCHERING PLOUGH CORP COM 806605101 279,706 14,675 SH SOLE 14,675 0 0
INGERSOLL-RAND COMPANY LTD CL A G4776G101 1,089,219 16,025 SH SOLE 16,025 0 0
AMERICAN INTL GROUP INC COM 026874107 2,602,453 38,277 SH SOLE 38,277 0 0
WASHINGTON MUT INC COM 939322103 1,845,553 47,225 SH SOLE 47,225 0 0
HYPERION TOTAL RETURN & INCO COM 449145101 290,248 29,200 SH SOLE 29,200 0 0
GANNETT INC COM 364730101 860,634 10,275 SH SOLE 10,275 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 328,716 9,943 SH SOLE 9,943 0 0
ZIONS BANCORPORATION N A COM 989701107 573,776 9,400 SH SOLE 9,400 0 0
SAFECO CORP COM 786429100 839,960 18,400 SH SOLE 18,400 0 0
ALLTEL CORP COM 020039103 9,828,286 178,989 SH SOLE 178,989 0 0
WD-40 CO COM 929236107 650,221 22,735 SH SOLE 22,735 0 0
COLONIAL MUN INCOME TR SH BEN INT 195799101 179,670 31,800 SH SOLE 31,800 0 0
FIRST DATA CORP COM 319963104 1,157,100 26,600 SH SOLE 26,600 0 0
KINDER MORGAN INC KANS COM 49455P101 526,494 8,381 SH SOLE 8,381 0 0
NASDAQ 100 TR UNIT SER 1 631100104 241,412 6,870 SH SOLE 6,870 0 0
NUVEEN ARIZONA QLTY MUN INC COM 67061W104 166,100 10,000 SH SOLE 10,000 0 0
UNITED DOMINION REALTY TR IN COM 910197102 214,164 10,800 SH SOLE 10,800 0 0
MANAGED HIGH INCOME PORTFOLI COM 56166C105 447,174 66,150 SH SOLE 66,150 0 0
LUCENT TECHNOLOGIES INC COM 549463107 54,330 17,139 SH SOLE 17,139 0 0
SHURGARD STORAGE CTRS INC COM 82567D104 234,740 6,050 SH SOLE 6,050 0 0
VAN KAMPEN VALUE MUN INCOME COM 921132106 169,974 11,650 SH SOLE 11,650 0 0
COMPUTER ASSOC INTL INC COM 204912109 696,950 26,500 SH SOLE 26,500 0 0
OPPENHEIMER MULTI-SECTOR INC SH BEN INT 683933105 1,092,234 130,650 SH SOLE 130,650 0 0
NUVEEN MUN VALUE FD INC COM 670928100 91,700 10,000 SH SOLE 10,000 0 0
ROYAL DUTCH PETE CO NY REG EUR 0.56 780257804 205,574 3,984 SH SOLE 3,984 0 0
SUNGARD DATA SYS INC COM 867363103 2,073,338 87,225 SH SOLE 87,225 0 0
TCW STRATEGIC INCOME FD INC COM 872340104 68,549 14,163 SH SOLE 14,163 0 0
UNOCAL CORP COM 915289102 1,478,856 34,392 SH SOLE 34,392 0 0
DPL INC COM 233293109 345,744 16,800 SH SOLE 16,800 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 485,778 14,725 SH SOLE 14,725 0 0
KING PHARMACEUTICALS INC COM 495582108 1,240,757 103,916 SH SOLE 103,916 0 0
RITE AID CORP COM COM 767754104 67,584 19,200 SH SOLE 19,200 0 0
ZALE CORP COM 988858106 1,478,060 52,600 SH SOLE 52,600 0 0
ZWEIG TOTAL RETURN FD INC COM 989837109 64,374 12,146 SH SOLE 12,146 0 0