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
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
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 310 114,459 SH   OTR   0 114,459 0
IHEARTMEDIA INC COM CL A 45174J509 541 21,633 SH   OTR   0 21,633 0
INVESCO EXCH TRADED FD TR II SR LN ETF 46138G508 3,009 136,089 SH   OTR   0 136,089 0
ISHARES TR JPMORGAN USD EMG 464288281 2,402 21,827 SH   OTR   0 21,827 0
VANECK ETF TRUST HIGH YLD MUNIETF 92189H409 25,508 408,265 SH   OTR   0 408,265 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 84 30,872 SH   SOLE   30,872 0 0
EATON VANCE CALIF MUN INCOM SH BEN INT 27826F101 33 2,410 SH   SOLE   2,410 0 0
EATON VANCE CALIF MUN BD FD COM 27828A100 418 35,000 SH   SOLE   35,000 0 0
IHEARTMEDIA INC COM CL A 45174J509 44 1,745 SH   SOLE   1,745 0 1
NUVEEN CA QUALTY MUN INCOME COM 67066Y105 749 47,733 SH   SOLE   47,733 0 2
VANECK ETF TRUST HIGH YLD MUNIETF 92189H409 1,613 25,817 SH   SOLE   25,817 0 3