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
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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
BLACKROCK ETF TRUST II AAA CLO ETF 092528504   2,162,314 41,800 SH   SOLE   41,800 0 0
DBX ETF TR XTRACK USD HIGH 233051432   5,217,231 146,100 SH   SOLE   146,100 0 0
ISHARES TR BROAD USD HIGH 46435U853   115,909,802 3,167,800 SH   SOLE   3,167,800 0 0
ISHARES TR FLTG RATE NT ETF 46429B655   6,484,620 127,000 SH   SOLE   127,000 0 0
ISHARES TR CORE S&P500 ETF 464287200   5,783,030 11,000 SH   SOLE   11,000 0 0
ISHARES TR CORE US AGGBD ET 464287226   75,868,144 774,639 SH   SOLE   774,500 0 139
ISHARES TR IBOXX HI YD ETF 464288513   35,110,641 451,700 SH   SOLE   451,700 0 0
JANUS DETROIT STR TR HENDRSON AAA CL 47103U845   2,166,598 42,700 SH   SOLE   42,700 0 0
NORTHERN LIGHTS FD TR TOEWS AGILTY SHS 66538J720   595,278 19,266 SH   SOLE   0 0 19,266
SPDR SER TR BLOOMBERG SHT TE 78468R408   5,154,968 204,400 SH   SOLE   204,400 0 0
SPDR SER TR BLOOMBERG HIGH Y 78468R622   63,793,520 670,100 SH   SOLE   670,100 0 0
VANECK ETF TRUST FALLEN ANGEL HG 92189F437   5,290,346 182,300 SH   SOLE   182,300 0 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835   76,011,784 1,046,562 SH   SOLE   1,045,500 0 1,062
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363   111,926,188 232,840 SH   SOLE   232,840 0 0
VANGUARD INDEX FDS VALUE ETF 922908744   420,405 2,581 SH   SOLE   0 0 2,581
VANGUARD INDEX FDS GROWTH ETF 922908736   497,411 1,445 SH   SOLE   0 0 1,445
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858   62,585,664 1,247,472 SH   SOLE   1,237,500 0 9,972