Rareview Capital LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BIL	SPDR SER TR	141,051	$12,946	12.4%	$91.50	—	BLOOMBERG 1-3 MO	78468R663
VOO	VANGUARD INDEX FDS	25,704	$12,855	12.3%	$443.83	—	S&P 500 ETF SHS	922908363
VEA	VANGUARD TAX-MANAGED FDS	184,903	$9,138	8.7%	$48.44	—	VAN FTSE DEV MKT	921943858
QQQ	INVESCO QQQ TR	15,308	$7,334	7.0%	$470.25	—	UNIT SER 1	46090E103
—	NUVEEN AMT FREE MUN CR INC F	331,702	$4,133	4.0%	$11.82	—	COM	67071L106
—	NUVEEN MUNICIPAL CREDIT INC	333,479	$4,118	3.9%	$11.82	—	COM SH BEN INT	67070X101
—	NUVEEN QUALITY MUNCP INCOME	322,199	$3,783	3.6%	$11.45	—	COM	67066V101
VB	VANGUARD INDEX FDS	17,031	$3,713	3.6%	$215.12	—	SMALL CP ETF	922908751
VWO	VANGUARD INTL EQUITY INDEX F	84,767	$3,709	3.5%	$41.16	—	FTSE EMR MKT ETF	922042858
—	WESTERN ASSET MANAGED MUNS F	281,635	$2,915	2.8%	$10.17	—	COM	95766M105
—	FIRST TR INTER DURATN PFD &	154,787	$2,843	2.7%	$16.31	—	COM	33718W103
—	WESTERN ASSET EMERGING MKTS	294,853	$2,745	2.6%	$9.21	—	COM	95766A101
—	INVESCO QUALITY MUN INCOME T	236,080	$2,342	2.2%	$9.51	—	COM	46133G107
—	BLACKROCK MUNI INCOME TR II	214,675	$2,321	2.2%	$10.68	—	COM	09249N101
—	NUVEEN PFD & INCOME OPPORTUN	289,928	$2,166	2.1%	$6.76	—	COM	67073B106
—	NUVEEN AMT FREE QLTY MUN INC	184,684	$2,116	2.0%	$11.07	—	COM	670657105
—	INVESCO MUNICIPAL TRUST	209,395	$2,086	2.0%	$9.53	—	COM	46131J103
—	MORGAN STANLEY EMERGING MKTS	430,195	$1,962	1.9%	$4.66	—	COM	617477104
—	INVESCO VALUE MUN INCOME TR	142,114	$1,754	1.7%	$12.09	—	COM	46132P108
—	PIMCO DYNAMIC INCOME STRATEG	76,307	$1,700	1.6%	$20.48	—	COM SHS BEN INT	69346N107
—	TEMPLETON EMERGING MKTS INCO	286,425	$1,527	1.5%	$5.10	—	COM	880192109
—	INVESCO MUN OPPORTUNITY TR	139,897	$1,410	1.3%	$9.61	—	COM	46132C107
—	PGIM GLOBAL HIGH YIELD FD FO	115,954	$1,378	1.3%	$11.36	—	COM	69346J106
—	BLACKROCK INCOME TR INC	104,856	$1,251	1.2%	$12.18	—	COM NEW	09247F209
—	ALLSPRING INCOME OPPORTUNIT	151,113	$1,000	1.0%	$6.53	—	INC OPPTY FD	94987B105
—	NUVEEN CA QUALTY MUN INCOME	73,204	$844	0.8%	$11.09	—	COM	67066Y105
—	NUVEEN CALIFORNIA AMT QLT MU	64,913	$812	0.8%	$11.54	—	COM	670651108
—	PGIM SHORT DUR HIG YLD OPP F	52,888	$811	0.8%	$15.38	—	COM	69355J104
—	FRANKLIN LTD DURATION INCOME	127,767	$810	0.8%	$6.22	—	COM	35472T101
DCRE	DOUBLELINE ETF TRUST	15,307	$787	0.8%	$51.25	—	COMMERCIAL REAL	25861R303
—	BLACKROCK TAX MUNICPAL BD TR	47,299	$773	0.7%	$16.35	—	SHS	09248X100
—	NUVEEN VRIABL RAT PFD & INM	41,519	$763	0.7%	$16.30	—	COM	67080R102
HYG	ISHARES TR	9,550	$737	0.7%	$77.73	—	IBOXX HI YD ETF	464288513
FEMB	FIRST TR EXCH TRADED FD III	25,579	$695	0.7%	$27.17	—	EME MRK BD ETF	33739P202
XEVMX	EATON VANCE CALIF MUN BD FD	56,887	$541	0.5%	$9.15	—	COM	27828A100
MBB	ISHARES TR	5,444	$500	0.5%	$94.08	—	MBS ETF	464288588
PFF	ISHARES TR	14,564	$459	0.4%	$32.23	—	PFD AND INCM SEC	464288687
LQD	ISHARES TR	4,284	$459	0.4%	$108.92	—	IBOXX INV CP ETF	464287242
—	PGIM HIGH YIELD BOND FUND IN	35,303	$455	0.4%	$12.32	—	COM	69346H100
—	FIRST TR HIGH YIELD OPPRT 20	30,662	$439	0.4%	$13.93	—	COM	33741Q107
XBI	SPDR SER TR	4,580	$425	0.4%	$94.71	—	S&P BIOTECH	78464A870
—	BLACKROCK MUNIHLDNGS CALI QL	27,848	$309	0.3%	$11.13	—	COM	09254L107
ARM	ARM HOLDINGS PLC	1,379	$226	0.2%	$163.62	—	SPONSORED ADS	042068205
MSFT	MICROSOFT CORP	471	$210	0.2%	$417.26	0.0%	COM	594918104
UNH	UNITEDHEALTH GROUP INC	406	$207	0.2%	$511.31	-7.5%	COM	91324P102