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

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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
SPDR Portfolio Short Term Corporate Bond ETF USD Class ETF 78464A474   1,206,800 40,000 SH   SOLE SOLE 40,000 0 0
Vanguard Real Estate ETF USD Class ETF 922908553   1,451,850 15,000 SH   SOLE SOLE 15,000 0 0
First Trust Preferred Securities and Income ETF ETF 33738E108   10,829,230 598,300 SH   SOLE SOLE 598,300 0 0
Invesco Preferred ETF ETF 46138E511   6,828,315 552,900 SH   SOLE SOLE 552,900 0 0