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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
XTRACKERS USD HIGH YLD CORPORATE BOND ETF ETF 233051432   133,768 2,655,700 SH   DFND 1,2 2,655,700 0 0
ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF ETF 464288513   280,199 3,186,251 SH   DFND 1,2 3,186,251 0 0
ISHARES IBONDS DEC 2020 CORPORATE ETF ETF 46434VAQ3   1,499 59,231 SH   DFND 1,2 59,231 0 0
ISHARES IBONDS DEC 2023 CORPORATE ETF ETF 46434VAX8   2,303 90,100 SH   DFND 1,2 90,100 0 0
ISHARES IBONDS DEC 2022 CORPORATE ETF ETF 46434VBA7   2,549 100,803 SH   DFND 1,2 100,803 0 0
ISHARES IBONDS DEC 2024 CORPORATE ETF ETF 46434VBG4   2,006 78,090 SH   DFND 1,2 78,090 0 0
ISHARES IBONDS DEC 2021 CORPORATE ETF ETF 46434VBK5   2,496 100,000 SH   DFND 1,2 100,000 0 0
MERCK & CO INC SHS 58933Y105   800 8,803 SH   DFND 1,2 8,803 0 0
MICROSOFT CORP SHS 594918104   3,212 20,367 SH   DFND 1,2 20,367 0 0
STARBUCKS CORP SHS 855244109   67 762 SH   DFND 1,2 762 0 0
ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF ETF 464288513   24,285 276,150 SH   DFND 1,2 276,150 0 0
TIDEWATER INC SHS 88642R109   2,310 119,817 SH   DFND 1,2 119,817 0 0