ISHARES IBOXX INVESTMENT

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P. MOR 92189H300 486038.00000000 NS USD 11081666.40000000 1.788340430415 Long EC RF US N 1 N N N DBX ETF Trust DNLQXYGHEZ10Q9SIK386 XTRACKERS USD HIGH YIELD 233051432 508764.00000000 NS USD 16656933.36000000 2.688067507105 Long EC RF US N 1 N N Short-Term Invts T 549300UJV6OHYATSFU27 STIT GV&A-INS 825252885 83066605.88000000 PA USD 83066605.88000000 13.40514723603 Long STIV RF US N 1 N N N CME GLOBEX N/A E-Mini Russ 2000 Dec22 N/A -353.00000000 NC USD 2718515.00000000 0.438709315883 Short DE CORP US N 1 BANK OF AMERICA MERRILL LYNCH N/A Short RUSSELL 2000 INDEX RTY 2022-12-16 -32190485.00000000 USD 2718515.00000000 N N N Spdr Series Trust 5493004JVD6CQEEJSS37 SPDR PORTFOLIO S&P 500 GR 78464A409 429906.00000000 NS USD 21538290.60000000 3.475812616233 Long EC RF US N 1 N N N ICE FUTURES U.S. 5493004R83R1LVX2IL36 MSCI EmgMkt Dec22 N/A -1162.00000000 NC USD 4941795.00000000 0.797498451796 Short DE CORP US N 1 BANK OF AMERICA MERRILL LYNCH N/A Short ICE US MSCI Emerging Markets E MXEF 2022-12-16 -55575945.00000000 USD 4941795.00000000 N N N 2022-10-28 Northern Lights Variable Trust James Colantino James Colantino Treasurer XXXX