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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 Preferred Ex-Financials ETF 92189F429 26,111,766 1,525,220 SH SOLE 1,525,220 0 0
Global X US Preferred ETF 37954Y657 25,256,773 1,341,305 SH SOLE 1,341,305 0 0
SPDR ICE Preferred Stock ETF ETF 78464A292 26,681,354 840,093 SH SOLE 840,093 0 0
iShares Broad USD HY Corp Bond ETF ETF 46435U853 1,821,111 48,550 SH SOLE 48,550 0 0
PGIM High Yield R6 MF 74440Y884 47,558,917 9,805,962 SH SOLE 9,805,962 0 0
JPM Income Fund MF 46637K224 28,194,493 3,282,246 SH SOLE 3,282,246 0 0