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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Diamond Offshore Drilling Inc COM 25271C201 BBG010JCFCD4 8,438,391 700,863 SH   SOLE   700,863 0 0
Invesco Taxable Municipal Bond TAXABLE MUN BD 46138G805 BBG000C00736 4,300,800 160,000 SH   SOLE   160,000 0 0
iShares Core U.S. Aggregate Bo CORE US AGGBD ET 464287226 BBG000Q123R0 29,382,840 294,890 SH   SOLE   294,890 0 0
iShares iBoxx $ Investment Gra IBOXX INV CP ETF 464287242 BBG000BBV9N3 22,229,456 202,805 SH   SOLE   202,805 0 0
iShares 7-10 Year Treasury Bon 7-10 YR TRSY BD 464287440 BBG000BHR296 2,381,358 24,025 SH   SOLE   24,025 0 0
iShares iBoxx High Yield Corpo IBOXX HI YD ETF 464288513 BBG000R2T3H9 16,385,208 216,879 SH   SOLE   216,879 0 0
iShares MBS ETF MBS ETF 464288588 BBG000QN3H90 14,723,031 155,421 SH   SOLE   155,421 0 0
iShares 10 Year Investment Gr 10+ YR INVST GRD 464289511 BBG000PGKK27 4,453,150 85,000 SH   SOLE   85,000 0 0
iShares Floating Rate Bond ETF FLTG RATE NT ETF 46429B655 BBG001QWVB81 2,469,110 49,000 SH   SOLE   49,000 0 0
Nuveen Preferred & Income Oppo COM 67073B106 BBG000BD4GK6 2,895,200 440,000 SH   SOLE   440,000 0 0
SPDR ICE Preferred Securities ICE PFD SEC ETF 78464A292 BBG000P8NH38 24,841,740 731,500 SH   SOLE   731,500 0 0
SPDR Portfolio Aggregate Bond PORTFOLIO AGRGTE 78464A649 BBG000RFSB92 3,868,500 150,000 SH   SOLE   150,000 0 0
SPDR Bloomberg Investment Grad BLOOMBERG INVT 78468R200 BBG0029J2H86 496,009 16,300 SH   SOLE   16,300 0 0
SPDR Bloomberg Short Term High BLOOMBERG SHT TE 78468R408 BBG002QLYC88 459,540 18,500 SH   SOLE   18,500 0 0
SPDR Bloomberg High Yield Bond BLOOMBERG HIGH Y 78468R622 BBG000NXDKM8 1,123,122 12,100 SH   SOLE   12,100 0 0
Summit Midstream Partners LP COM UNIT LTD 866142409 BBG003B91XR8 189,573 12,350 SH   SOLE   12,350 0 0
VanEck Fallen Angel High Yield FALLEN ANGEL HG 92189F437 BBG002VZY764 448,320 16,000 SH   SOLE   16,000 0 0
Vanguard Long-Term Bond ETF LONG TERM BOND 921937793 BBG000R45489 3,755,360 49,000 SH   SOLE   49,000 0 0
Vanguard Intermediate-Term Cor INT-TERM CORP 92206C870 BBG000PWYVH7 7,894,851 98,415 SH   SOLE   98,415 0 0