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
EATON VANCE LTD DUR INCOME F COM 27828H105 1,526 108,194 SH   DFND 2 108,194 0 0
HIGHLAND FDS I HI LD IBOXX SRLN 430101774 5,555 301,925 SH   DFND 2 301,925 0 0
ISHARES TR MSCI ACWI ETF 464288257 5,050 77,105 SH   DFND 1 77,105 0 0
ISHARES TR MSCI ACWI EX US 464288240 5,064 111,075 SH   DFND 1 111,075 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 5,042 121,807 SH   DFND 1 121,807 0 0
ISHARES TR MSCI EAFE ETF 464287465 5,062 77,632 SH   DFND 1 77,632 0 0
ISHARES TR CORE S&P500 ETF 464287200 5,001 20,547 SH   DFND 1 20,547 0 0
ISHARES TR RUS 1000 ETF 464287622 5,028 37,169 SH   DFND 1 37,169 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 5,066 35,951 SH   DFND 1 35,951 0 0
ISHARES TR RUS MID-CAP ETF 464287499 5,030 26,181 SH   DFND 1 26,181 0 0
ISHARES TR U.S. REAL ES ETF 464287739 4,965 62,246 SH   DFND 1 62,246 0 0
ISHARES TR EAFE SML CP ETF 464288273 5,062 87,525 SH   DFND 1 87,525 0 0
ISHARES TR U.S. PFD STK ETF 464288687 3,373 86,100 SH   DFND 2 86,100 0 0
POWERSHARES ETF TR II PFD PORTFOLIO 73936T565 1,813 120,000 SH   DFND 2 120,000 0 0
SPDR SER TR BLOOMBERG SRT 78468R408 5,874 210,000 SH   DFND 2 210,000 0 0