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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
VanEck Vectors High-Yield Muni VANECK HIGH-YIELD MUNICIPAL 92189H409 2,896 48,598 SH   SOLE   48,598 0 0
SPDR Nuveen Bloomberg Barclays SPDR NUVEEN BLOOMBERG H/Y M 78464A284 2,887 50,925 SH   SOLE   50,925 0 0
SPDR SER TR BLOOMBERG SRT TR 78468R408 4,583 178,011 SH   SOLE   178,011 0 0