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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 3,833 60,257 SH   SOLE   60,257 0 0
SPDR Nuveen Bloomberg Barclays SPDR NUVEEN BLOOMBERG H/Y M 78464A284 3,833 63,025 SH   SOLE   63,025 0 0
SPDR SER TR BLOOMBERG SRT TR 78468R408 12,799 464,082 SH   SOLE   464,082 0 0
VanEck VANECK FALLEN ANGEL HIGH YLD 92189F437 2,727 82,894 SH   SOLE   82,894 0 0