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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGG - iShares Barclays Aggregate Bond Fund COM 464287226 10,765 95,795 SH   SOLE   95,795 0 0
BAB - Invesco Taxable Municipal Bond Fund COM 46138G805 235 7,434 SH   SOLE   7,434 0 0
CMF - iShares S&P California AMT-Free Bond COM 464288356 360 5,882 SH   SOLE   5,882 0 0
FLOT - iShares Floating Rate Bond ETF COM 46429B655 2,575 50,575 SH   SOLE   50,575 0 0
HYD - Vaneck Vectors High Yield Muni COM 92189H409 376 5,864 SH   SOLE   5,864 0 0
IEF - iShares Barclays 7-10 Year Treasury COM 464287440 53 485 SH   SOLE   485 0 0
IGIB - iShares Intermediate Corp Bond ETF COM 464288638 378 6,522 SH   SOLE   6,522 0 0
IGSB - iShares Short Term Corp Bond ETF COM 464288646 723 13,478 SH   SOLE   13,478 0 0
ITM - Vaneck Vectors AMT Free Int Muni COM 92189H201 44,307 882,080 SH   SOLE   882,080 0 0
MUB - iShares S&P National AMT-Free Bond F COM 464288414 22,669 199,004 SH   SOLE   199,004 0 0
NYF - iShares S&P New York AMT-Free Bond F COM 464288323 925 16,219 SH   SOLE   16,219 0 0
SHM - SPDR Nuveen Barclays ST Muni ETF COM 78468R739 42,304 861,420 SH   SOLE   861,420 0 0
SHYD - VanEck Vectors Short High Yield ETF COM 92189F387 418 16,587 SH   SOLE   16,587 0 0
SJNK - SPDR Barclays Short Term High Yld COM 78468R408 33 1,243 SH   SOLE   1,243 0 0
SUB - iShares S&P Short Term National AMT- COM 464288158 47 441 SH   SOLE   441 0 0
TFI - SPDR Nuveen Barclays Capital Municip COM 78468R721 23 460 SH   SOLE   460 0 0
USIG - iShares Investment Corp Bond ETF COM 464288620 411 7,051 SH   SOLE   7,051 0 0
VTEB - Vanguard Tax-Exempt Bond ETF COM 922907746 2,625 49,031 SH   SOLE   49,031 0 0