Salient Trust

Salient Trust as of June 30, 2012

Portfolio Holdings for Salient Trust

Salient Trust holds 56 positions in its portfolio as reported in the June 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Coca-Cola Company (KO) 12.6 $10M 128k 78.19
Altria (MO) 7.8 $6.2M 179k 34.55
Procter & Gamble Company (PG) 7.0 $5.6M 91k 61.25
Crown Castle International 7.0 $5.6M 95k 58.66
Johnson & Johnson (JNJ) 5.9 $4.7M 69k 67.56
iShares IBoxx $ Invest Grade Corp Bd (LQD) 4.8 $3.9M 33k 117.59
Abbott Laboratories (ABT) 4.2 $3.4M 52k 64.47
Merck & Co (MRK) 4.2 $3.3M 80k 41.75
Microsoft Corporation (MSFT) 4.1 $3.2M 106k 30.59
Travelers Companies (TRV) 3.6 $2.9M 46k 63.84
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 3.5 $2.8M 24k 114.72
iShares iBoxx $ High Yid Corp Bond (HYG) 3.3 $2.6M 29k 91.29
General Electric Company 3.1 $2.5M 118k 20.84
iShares MSCI EAFE Index Fund (EFA) 2.5 $2.0M 40k 49.96
ConocoPhillips (COP) 1.8 $1.4M 26k 55.88
Apache Corporation 1.6 $1.3M 15k 87.89
Intel Corporation (INTC) 1.5 $1.2M 46k 26.65
iShares MSCI Emerging Markets Indx (EEM) 1.3 $1.1M 27k 39.14
iShares S&P 500 Index (IVV) 1.3 $1.0M 7.3k 136.75
Wells Fargo & Company (WFC) 1.2 $985k 30k 33.44
At&t (T) 1.1 $914k 26k 35.66
USG Corporation 1.1 $899k 47k 19.05
iShares Russell 2000 Index (IWM) 0.9 $707k 8.9k 79.56
iShares S&P MidCap 400 Index (IJH) 0.9 $692k 7.4k 94.17
Bristol Myers Squibb (BMY) 0.8 $606k 17k 35.95
Pepsi (PEP) 0.7 $582k 8.2k 70.66
Home Depot (HD) 0.7 $576k 11k 52.99
Spectra Energy 0.7 $546k 19k 29.06
Chevron Corporation (CVX) 0.7 $545k 5.2k 105.50
Eli Lilly & Co. (LLY) 0.7 $536k 13k 42.91
Bk Nova Cad (BNS) 0.7 $524k 10k 51.79
U.S. Bancorp (USB) 0.6 $495k 15k 32.16
American Express Company (AXP) 0.6 $434k 7.5k 58.21
PNC Financial Services (PNC) 0.5 $431k 7.1k 61.11
Qualcomm (QCOM) 0.5 $418k 7.5k 55.68
Pfizer (PFE) 0.4 $349k 15k 23.00
Schlumberger (SLB) 0.4 $353k 5.4k 64.91
Kinder Morgan (KMI) 0.4 $325k 10k 32.22
Halliburton Company (HAL) 0.4 $317k 11k 28.39
McDonald's Corporation (MCD) 0.4 $296k 3.3k 88.53
Wisdomtree Tr em lcl debt (ELD) 0.4 $290k 5.7k 50.62
Targa Res Corp (TRGP) 0.3 $275k 6.5k 42.70
Ford Motor Company (F) 0.3 $268k 28k 9.59
Target Corporation (TGT) 0.3 $266k 4.6k 58.19
SPDR Gold Trust (GLD) 0.3 $264k 1.7k 155.19
Phillips 66 (PSX) 0.3 $260k 7.8k 33.24
3M Company (MMM) 0.3 $251k 2.8k 89.60
Apple (AAPL) 0.3 $257k 440.00 584.00
Cash America International 0.3 $242k 5.5k 44.04
Campus Crest Communities 0.3 $240k 23k 10.39
United Technologies Corporation 0.3 $231k 3.1k 75.53
Crosstex Energy 0.2 $200k 12k 16.40
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.2 $200k 1.8k 110.07
Edelman Finl Group 0.2 $153k 18k 8.70
Alcoa 0.2 $127k 15k 8.75
UQM Technologies 0.1 $39k 44k 0.87