Rareview Capital LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VOO	VANGUARD INDEX FDS	27,322	$14,417	10.8%	$448.79	—	S&P 500 ETF SHS	922908363
VEA	VANGUARD TAX-MANAGED FDS	194,373	$10,265	7.7%	$48.65	—	VAN FTSE DEV MKT	921943858
TBIL	RBB FD INC	203,585	$10,187	7.6%	$50.04	—	US TREAS 3 MNTH	74933W452
QQQ	INVESCO QQQ TR	17,072	$8,332	6.2%	$472.09	—	UNIT SER 1	46090E103
—	NUVEEN AMT FREE MUN CR INC F	392,396	$5,254	3.9%	$12.06	—	COM	67071L106
—	NUVEEN MUNICIPAL CREDIT INC	393,505	$5,155	3.8%	$12.02	—	COM SH BEN INT	67070X101
—	NUVEEN QUALITY MUNCP INCOME	360,495	$4,463	3.3%	$11.55	—	COM	67066V101
VWO	VANGUARD INTL EQUITY INDEX F	91,571	$4,382	3.3%	$41.66	—	FTSE EMR MKT ETF	922042858
VB	VANGUARD INDEX FDS	17,453	$4,140	3.1%	$215.65	—	SMALL CP ETF	922908751
—	WESTERN ASSET EMERGING MKTS	343,202	$3,494	2.6%	$9.35	—	COM	95766A101
—	WESTERN ASSET MANAGED MUNS F	317,005	$3,436	2.6%	$10.24	—	COM	95766M105
—	NUVEEN VRIABL RAT PFD & INM	172,305	$3,263	2.4%	$18.30	—	COM	67080R102
—	MORGAN STANLEY EMERGING MKTS	623,126	$3,141	2.3%	$4.78	—	COM	617477104
—	INVESCO QUALITY MUN INCOME T	275,675	$2,878	2.1%	$9.64	—	COM	46133G107
—	FIRST TR INTER DURATN PFD &	140,080	$2,736	2.0%	$16.31	—	COM	33718W103
—	BLACKROCK MUNI INCOME TR II	241,754	$2,722	2.0%	$10.75	—	COM	09249N101
—	NUVEEN AMT FREE QLTY MUN INC	222,126	$2,659	2.0%	$11.22	—	COM	670657105
—	INVESCO MUNICIPAL TRUST	253,803	$2,604	1.9%	$9.66	—	COM	46131J103
LQD	ISHARES TR	22,827	$2,579	1.9%	$112.22	—	IBOXX INV CP ETF	464287242
—	WESTERN ASSET HIGH INCOME OP	625,358	$2,533	1.9%	$4.05	—	COM	95766K109
—	PIMCO DYNAMIC INCOME STRATEG	104,627	$2,468	1.8%	$21.32	—	COM SHS BEN INT	69346N107
—	ABRDN ASIA PACIFIC INCOME FU	141,435	$2,461	1.8%	$17.40	—	COM NEW	003009867
—	NUVEEN PFD & INCOME OPPORTUN	289,928	$2,340	1.7%	$6.76	—	COM	67073B106
—	TEMPLETON EMERGING MKTS INCO	392,684	$2,289	1.7%	$5.30	—	COM	880192109
—	INVESCO VALUE MUN INCOME TR	149,487	$1,925	1.4%	$12.13	—	COM	46132P108
ZROZ	PIMCO ETF TR	21,316	$1,757	1.3%	$82.42	—	25YR+ ZERO U S	72201R882
—	PGIM SHORT DUR HIG YLD OPP F	103,025	$1,723	1.3%	$16.03	—	COM	69355J104
FEMB	FIRST TR EXCH TRADED FD III	58,441	$1,694	1.3%	$28.19	—	EME MRK BD ETF	33739P202
—	INVESCO MUN OPPORTUNITY TR	160,169	$1,645	1.2%	$9.69	—	COM	46132C107
—	BLACKROCK CR ALLOCATION INCO	142,518	$1,608	1.2%	$11.28	—	COM	092508100
XMYDX	BLACKROCK MUNIYIELD FD INC	139,046	$1,589	1.2%	$11.43	—	COM	09253W104
—	ALLSPRING INCOME OPPORTUNIT	219,624	$1,566	1.2%	$6.72	—	INC OPPTY FD	94987B105
—	BROOKFIELD REAL ASSETS INCOM	100,798	$1,381	1.0%	$13.70	—	SHS BEN INT	112830104
—	BLACKROCK INCOME TR INC	104,856	$1,303	1.0%	$12.18	—	COM NEW	09247F209
—	FRANKLIN LTD DURATION INCOME	175,144	$1,168	0.9%	$6.34	—	COM	35472T101
—	NUVEEN CALIFORNIA AMT QLT MU	64,913	$882	0.7%	$11.54	—	COM	670651108
—	NUVEEN CA QUALTY MUN INCOME	73,204	$870	0.7%	$11.09	—	COM	67066Y105
—	WESTERN ASSET HIGH INCOM FD	179,106	$808	0.6%	$4.51	—	COM	95766J102
DCRE	DOUBLELINE ETF TRUST	15,307	$796	0.6%	$51.25	—	COMMERCIAL REAL	25861R303
—	EATON VANCE LTD DURATION INC	73,810	$776	0.6%	$10.51	—	COM	27828H105
—	PGIM GLOBAL HIGH YIELD FD FO	57,625	$736	0.6%	$11.36	—	COM	69346J106
—	ALLSPRING MULTI SECTOR INCOM	72,762	$697	0.5%	$9.58	—	COM	94987D101
XEVMX	EATON VANCE CALIF MUN BD FD	56,887	$549	0.4%	$9.15	—	COM	27828A100
MBB	ISHARES TR	5,444	$522	0.4%	$94.08	—	MBS ETF	464288588
—	PGIM HIGH YIELD BOND FUND IN	35,303	$492	0.4%	$12.32	—	COM	69346H100
XBI	SPDR SER TR	4,580	$453	0.3%	$94.71	—	S&P BIOTECH	78464A870
—	BLACKROCK MUNIHLDNGS CALI QL	27,848	$321	0.2%	$11.13	—	COM	09254L107
UNH	UNITEDHEALTH GROUP INC	406	$237	0.2%	$511.31	+7.2%	COM	91324P102
MSFT	MICROSOFT CORP	471	$203	0.2%	$417.26	+1.4%	COM	594918104