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
EATON VANCE LTD DUR INCOME F COM 27828H105 2,669 195,550 SH   DFND 2 195,550 0 0
HIGHLAND FDS I HI LD IBOXX SRLN 430101774 5,821 320,000 SH   DFND 2 320,000 0 0
ISHARES TR MSCI ACWI ETF 464288257 3,563 49,427 SH   DFND 1 49,427 0 0
ISHARES TR MSCI ACWI EX US 464288240 3,582 71,705 SH   DFND 1 71,705 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 3,632 77,082 SH   DFND 1 77,082 0 0
ISHARES TR MSCI EAFE ETF 464287465 3,560 50,637 SH   DFND 1 50,637 0 0
ISHARES TR CORE S&P500 ETF 464287200 3,561 13,247 SH   DFND 1 13,247 0 0
ISHARES TR RUS 1000 ETF 464287622 3,561 23,963 SH   DFND 1 23,963 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 3,558 23,337 SH   DFND 1 23,337 0 0
ISHARES TR RUS MID-CAP ETF 464287499 3,553 17,071 SH   DFND 1 17,071 0 0
ISHARES TR U.S. REAL ES ETF 464287739 3,515 43,393 SH   DFND 1 43,393 0 0
ISHARES TR EAFE SML CP ETF 464288273 3,605 55,890 SH   DFND 1 55,890 0 0
ISHARES TR U.S. PFD STK ETF 464288687 4,226 111,000 SH   DFND 2 111,000 0 0
POWERSHARES ETF TR II PFD PORTFOLIO 73936T565 2,349 158,067 SH   DFND 2 158,067 0 0
SPDR SER TR BLOOMBERG SRT 78468R408 6,890 250,000 SH   DFND 2 250,000 0 0