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
BANK OF AMERICA PFD 060505831 259 10,000 SH   SOLE   0 0 0
ISHARES MF 464287200 2,988 11,115 SH   SOLE   0 0 0
ISHARES MF 464287242 8,423 69,300 SH   SOLE   0 0 0
ISHARES MF 464287465 1,035 14,720 SH   SOLE   0 0 0
ISHARES MF 464287598 3,605 29,000 SH   SOLE   0 0 0
ISHARES MF 464287614 3,568 26,500 SH   SOLE   0 0 0
ISHARES MF 464287630 2,640 21,000 SH   SOLE   0 0 0
ISHARES MF 464287648 2,519 13,500 SH   SOLE   0 0 0
ISHARES MF 464287655 221 1,453 SH   SOLE   0 0 0
ISHARES MF 464288273 205 3,175 SH   SOLE   0 0 0
JP MORGAN CHASE & CO PFD 46625HHA1 253 250 SH   SOLE   0 0 0
METLIFE INC PFD 59156R504 297 12,000 SH   SOLE   0 0 0
SPDR MF 78464A367 1,635 57,150 SH   SOLE   0 0 0
U S BANCORP PFD 902973866 350 400 SH   SOLE   0 0 0
VANGUARD MF 922031794 2,830 270,520 SH   SOLE   0 0 0
VANGUARD MF 922031810 1,067 109,444 SH   SOLE   0 0 0
VANGUARD MF 922042858 1,118 24,360 SH   SOLE   0 0 0
VANGUARD MF 92206C300 229 11,410 SH   SOLE   0 0 0
VANGUARD MF 92206C870 6,103 69,850 SH   SOLE   0 0 0
VANGUARD MF 922906300 153 153,135 SH   SOLE   0 0 0
VANGUARD MF 922908553 1,060 12,779 SH   SOLE   0 0 0
VANGUARD MF 922908710 637 2,582 SH   SOLE   0 0 0
WELLS FARGO CO PFD 949746465 1,142 40,000 SH   SOLE   0 0 0