Advisory Alpha, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	110,699	$21,333	14.6%	$198.00	—	S&P 500 INDEX	464287200
VCIT	VANGUARD SCOTTSDALE FDS	162,384	$13,872	9.5%	$87.26	—	INT-TERM CORP	92206C870
VO	VANGUARD INDEX FDS	105,166	$12,270	8.4%	$111.71	—	MID CAP ETF	922908629
VB	VANGUARD INDEX FDS	112,090	$12,100	8.3%	$111.33	—	SMALL CP ETF	922908751
VSS	VANGUARD INTL EQUITY INDEX F	102,400	$9,288	6.4%	$103.06	—	FTSE SMCAP ETF	922042718
VEA	VANGUARD TAX MANAGED INTL FD	254,637	$9,075	6.2%	$41.16	—	MSCI EAFE ETF	921943858
PFF	ISHARES TR	221,068	$8,533	5.8%	$38.84	—	US PFD STK IDX	464288687
VMBS	VANGUARD SCOTTSDALE FDS	147,732	$7,883	5.4%	$53.43	—	MORTG-BACK SEC	92206C771
CWB	SPDR SERIES TRUST	156,441	$6,996	4.8%	$47.45	—	BRCLYS CAP CONV	78464A359
SJNK	SPDR SER TR	196,643	$5,298	3.6%	$29.21	—	CAP S/T HI YLD	78468R408
RWO	SPDR INDEX SHS FDS	112,426	$5,077	3.5%	$42.04	—	DJ GLD RL ES ETF	78463X749
TIP	ISHARES TR	35,581	$3,938	2.7%	$110.95	—	BRCLYS TIPS BD	464287176
VWO	VANGUARD INTL EQUITY INDEX F	115,235	$3,813	2.6%	$41.04	—	MSCI EMF MKT ETF	922042858
SHY	ISHARES TR	43,899	$3,731	2.6%	$84.39	—	BARLYS 1-3 YR	464287457
—	POWERSHARES GLOBAL ETF TRUST	105,216	$2,886	2.0%	$27.07	—	I-30 LAD TREAS	73936T524
—	SPDER SERIES TRUST	77,084	$2,749	1.9%	$40.66	—	BRCLYS YLD ETF	78464A417
WIP	SPDER SERIES TRUST	47,107	$2,451	1.7%	$58.47	—	DB INT GVT ETF	78464A490
BWX	SPDER SERIES TRUST	46,598	$2,426	1.7%	$57.90	—	BRCLYS INTL ETF	78464A516
—	JPMORGAN CHASE & CO	74,404	$2,261	1.5%	$45.98	—	ALERIAN ML ETN	46625H365
—	POWERSHARES ETF TRUST II	81,207	$2,082	1.4%	$29.50	—	INTL CORP BOND	73936Q835
VCSH	VANGUARD SCOTTSDALE FDS	19,101	$1,523	1.0%	$79.83	—	SHRT-TERM CORP	92206C409
—	ETFS PRECIOUS METALS BASKET	20,506	$1,135	0.8%	$68.23	—	PHYS PM BASKET	26922W109
GLD	SPDR GOLD TRUST	8,374	$895	0.6%	$115.91	—	GOLD SHS	78463V107
IDV	ISHARES TR	20,186	$568	0.4%	$36.39	—	INTL SEL DIV ETF	464288448
DEM	WISDOMTREE TRUST	15,935	$534	0.4%	$46.79	—	EMERG MKTS ETF	97717W315
SDY	SPDER SERIES TRUST	4,344	$313	0.2%	$73.38	—	S&P DIVID ETF	78464A763
SCZ	ISHARES TR	6,527	$312	0.2%	$50.19	—	MSCI SMALL CAP	464288273
DES	WISDOMTREE TRUST	4,936	$311	0.2%	$67.83	—	SMALLCAP DIVID	97717W604
DON	WISDOMTREE TRUST	3,621	$281	0.2%	$76.49	—	MIDCAP DIVI FD	97717W505
IEI	ISHARES TR	2,100	$262	0.2%	$121.54	—	BARCLYS 3-7 YR	464288661
TLH	ISHARES TR	1,565	$215	0.1%	$125.24	—	BARCLYS 10-20YR	464288653
VGT	VANGUARD INDEX FDS	1,650	$165	0.1%	$106.00	—	INF TECH ETF	92204A702
SLV	ISHARES SILVER TRUST	11,154	$155	0.1%	$18.46	—	ISHARES	46428Q109
VIS	VANGUARD INDEX FDS	1,534	$146	0.1%	$104.71	—	INDUSTRIAL ETF	92204A603
VPU	VANGUARD INDEX FDS	1,557	$145	0.1%	$89.89	—	UTILITIES ETF	92204A876
VDC	VANGUARD INDEX FDS	1,155	$140	0.1%	$124.74	—	CONSUM STP ETF	92204A207
VCR	VANGUARD INDEX FDS	1,183	$139	0.1%	$124.26	—	CONSUM DIS ETF	92204A108
VFH	VANGUARD INDEX FDS	2,980	$138	0.1%	$49.55	—	FINANCIALS ETF	92204A405
VHT	VANGUARD INDEX FDS	1,056	$129	0.1%	$140.03	—	HEALTH CAR ETF	92204A504
STPZ	PIMCO ETF TR	2,415	$125	0.1%	$52.43	—	1-5 US TIP IDX	72201R205
VAW	VANGUARD WORLD FDS	1,233	$108	0.1%	$107.64	—	MATERIALS ETF	92204A801
VDE	VANGUARD INDEX FDS	1,128	$96	0.1%	$107.17	—	ENERGY ETF	92204A306
BWZ	SPDR SERIES TRUST	3,100	$93	0.1%	$32.59	—	SHRT INTL ETF	78464A334
—	POWERSHARES ETF TR II	1,584	$46	0.0%	$29.04	—	BUILD AMER ETF	73937B407
—	ISHARES TR	4,194	$42	0.0%	$10.01	—	MRG RL ES CP ETF	464288539
—	MARKET VECTORS ETF TR	1,288	$29	0.0%	$22.52	—	EMKT HIYLD BD	57061R403
VCLT	VANGUARD SCOTTSDALE FDS	317	$27	0.0%	$85.17	—	LG-TERM COR BD	92206C813
MBB	ISHARES TR	87	$10	0.0%	$114.94	—	BARCLYS MBS BD	464288588
VNQI	VANGUARD INTL EQUITY INDEX F	151	$8	0.0%	$52.98	—	GLB EX US ETF	922042676
—	POWERSHARES ETF TR II	304	$7	0.0%	$23.03	—	VAR RATE PFD POR	73937B597
EFV	ISHARES TR	145	$7	0.0%	$48.28	—	EAFE VALUE ETF	464288877
LQD	ISHARES TR	42	$5	0.0%	$119.05	—	IBOXX INV CPBD	464287242