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

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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
Alerian MLP ETF ETF 00162Q452 491 14,978 SH   SOLE   0 0 0
Xtrackers USD High Yield Corporate Bond ETF ETF 233051432 39,630 994,582 SH   SOLE   0 0 0
Global X Nasdaq 100 Covered Call ETF ETF 37954Y483 704 31,714 SH   SOLE   0 0 0
IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF ETF 45409B107 351 11,041 SH   SOLE   0 0 0
Invesco Global Listed Private Equity ETF ETF 46137V589 354 22,890 SH   SOLE   0 0 0
Invesco S&P 500 Low Volatility ETF ETF 46138E354 38,454 560,754 SH   SOLE   0 0 0
Invesco CEF Income Composite ETF ETF 46138E404 532 21,976 SH   SOLE   0 0 0
Invesco Variable Rate Preferred ETF ETF 46138G870 876 33,783 SH   SOLE   0 0 0
iShares 7-10 Year Treasury Bond ETF ETF 464287440 521 4,528 SH   SOLE   0 0 0
iShares Agency Bond ETF ETF 464288166 352 3,001 SH   SOLE   0 0 0
iShares JP Morgan USD Emerging Markets Bond ETF ETF 464288281 696 19,264 SH   SOLE   0 0 0
iShares National Muni Bond ETF ETF 464288414 530 4,554 SH   SOLE   0 0 0
iShares iBoxx High Yield Corporate Bond ETF ETF 464288513 151,600 1,742,209 SH   SOLE   0 0 0
iShares Residential and Multisector Real Estate ETF ETF 464288562 757 7,709 SH   SOLE   0 0 0
iShares MBS ETF ETF 464288588 883 8,223 SH   SOLE   0 0 0
iShares MSCI USA Min Vol Factor ETF ETF 46429B697 18,498 228,577 SH   SOLE   0 0 0
PGIM Active High Yield Bond ETF ETF 69344A206 349 8,599 SH   SOLE   0 0 0
SPDR Bloomberg International Corporate Bond ETF ETF 78464A151 305 8,820 SH   SOLE   0 0 0
SPDR Bloomberg Convertible Securities ETF ETF 78464A359 17,555 211,578 SH   SOLE   0 0 0
SPDR Bloomberg International Treasury Bond ETF ETF 78464A516 309 10,916 SH   SOLE   0 0 0
SPDR Blackstone Senior Loan ET ETF 78467V608 882 19,334 SH   SOLE   0 0 0
SPDR Bloomberg Short Term High Yield Bond ETF ETF 78468R408 527 19,423 SH   SOLE   0 0 0
SPDR Bloomberg High Yield Bond ETF ETF 78468R622 118 1,087,106 SH   SOLE   0 0 0
Schwab US TIPS ETF ETF 808524870 716 11,390 SH   SOLE   0 0 0
VanEck International High Yield Bond ETF ETF 92189F445 371 15,388 SH   SOLE   0 0 0
Vanguard Total Bond Market ETF ETF 921937835 1,121 65,995 SH   SOLE   0 0 0
Vanguard Intermediate-Term Corporate Bond ETF ETF 92206C870 1,561 16,826 SH   SOLE   0 0 0