Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JNK	SPDR SER TR	4,673,915	$446M	15.2%	$92.56	—	BLOOMBERG HIGH Y	78468R622
BKLN	INVESCO EXCH TRADED FD TR II	18,160,609	$383M	13.0%	$21.07	—	SR LN ETF	46138G508
USHY	ISHARES TR	9,734,838	$358M	12.2%	$36.25	—	BROAD USD HIGH	46435U853
SRLN	SSGA ACTIVE ETF TR	7,825,634	$327M	11.1%	$41.74	—	BLACKSTONE SENR	78467V608
HYG	ISHARES TR	2,432,889	$191M	6.5%	$75.02	—	IBOXX HI YD ETF	464288513
SPHY	SPDR SER TR	7,414,376	$174M	5.9%	$23.42	—	PORTFLI HIGH YLD	78468R606
SJNK	SPDR SER TR	4,828,700	$122M	4.1%	$24.70	—	BLOOMBERG SHT TE	78468R408
HYLB	DBX ETF TR	2,384,600	$86.04M	2.9%	$34.65	—	XTRACK USD HIGH	233051432
SHYG	ISHARES TR	1,628,000	$69.37M	2.4%	$41.56	—	0-5YR HI YL CP	46434V407
CWB	SPDR SER TR	870,551	$67.81M	2.3%	$74.26	—	BBG CONV SEC ETF	78464A359
VOO	VANGUARD INDEX FDS	91,623	$49.37M	1.7%	$471.72	—	S&P 500 ETF SHS	922908363
HYMB	SPDR SER TR	1,597,300	$40.86M	1.4%	$25.63	—	NUVEEN BLOOMBERG	78464A284
VUG	VANGUARD INDEX FDS	93,835	$38.51M	1.3%	$410.44	—	GROWTH ETF	922908736
HYD	VANECK ETF TRUST	649,000	$33.69M	1.1%	$51.82	—	HIGH YLD MUNIETF	92189H409
VBK	VANGUARD INDEX FDS	109,701	$30.72M	1.0%	$280.06	—	SML CP GRW ETF	922908595
ICVT	ISHARES TR	356,700	$30.31M	1.0%	$80.89	—	CONV BD ETF	46435G102
VOT	VANGUARD INDEX FDS	111,398	$28.27M	1.0%	$253.08	—	MCAP GR IDXVIP	922908538
PZA	INVESCO EXCH TRADED FD TR II	1,186,900	$28.02M	1.0%	$24.18	—	NATL AMT MUNI	46138E537
FPE	FIRST TR EXCH TRADED FD III	1,507,144	$26.68M	0.9%	$16.70	—	PFD SECS INC ETF	33739E108
ANGL	VANECK ETF TRUST	913,400	$26.19M	0.9%	$27.06	—	FALLEN ANGEL HG	92189F437
QUAL	ISHARES TR	125,681	$22.38M	0.8%	$139.33	—	MSCI USA QLT FCT	46432F339
USMV	ISHARES TR	243,266	$21.6M	0.7%	$88.25	—	MSCI USA MIN VOL	46429B697
FALN	ISHARES TR	799,500	$21.35M	0.7%	$24.80	—	FALN ANGLS USD	46435G474
XLF	SELECT SECTOR SPDR TR	423,270	$20.46M	0.7%	$41.26	—	FINANCIAL	81369Y605
DIA	SPDR DOW JONES INDL AVERAGE	42,455	$18.06M	0.6%	$331.77	—	UT SER 1	78467X109
VXF	VANGUARD INDEX FDS	93,515	$17.77M	0.6%	$189.56	—	EXTEND MKT ETF	922908652
EMLP	FIRST TR EXCHANGE-TRADED FD	494,000	$17.61M	0.6%	$35.65	—	NO AMER ENERGY	33738D101
KRE	SPDR SER TR	276,744	$16.7M	0.6%	$57.43	—	S&P REGL BKG	78464A698
JEPI	J P MORGAN EXCHANGE TRADED F	269,194	$15.49M	0.5%	$54.50	—	EQUITY PREMIUM	46641Q332
JBBB	JANUS DETROIT STR TR	307,600	$15.12M	0.5%	$49.16	—	B-BBB CLO ETF	47103U753
FLTR	VANECK ETF TRUST	586,700	$14.93M	0.5%	$25.45	—	IG FLOATING RATE	92189F486
VRP	INVESCO EXCH TRADED FD TR II	610,200	$14.76M	0.5%	$23.62	—	VAR RATE PFD	46138G870
FTSL	FIRST TR EXCHANGE-TRADED FD	296,600	$13.71M	0.5%	$46.24	—	SENIOR LN FD	33738D309
VBR	VANGUARD INDEX FDS	51,663	$10.24M	0.3%	$200.01	—	SM CP VAL ETF	922908611
MAGS	LISTED FD TR	155,159	$8.444M	0.3%	$54.42	—	ROUNDHILL MAGNIF	53656G498
HYDB	ISHARES TR	175,199	$8.236M	0.3%	$48.06	—	HIGH YLD SYSTM B	46435G250
JAAA	JANUS DETROIT STR TR	160,606	$8.144M	0.3%	$50.71	—	HENDRSON AAA CL	47103U845
CLOZ	SERIES PORTFOLIOS TR	298,300	$8.039M	0.3%	$26.95	—	PANAGRAM BBB B	81752T528
HYGV	FLEXSHARES TR	193,900	$7.888M	0.3%	$40.79	—	HIG YLD VL ETF	33939L662
PHYL	PGIM ETF TR	224,700	$7.806M	0.3%	$34.30	—	ACTV HY BD ETF	69344A206
PAVE	GLOBAL X FDS	178,979	$7.233M	0.2%	$39.91	—	US INFR DEV ETF	37954Y673
FLHY	FRANKLIN TEMPLETON ETF TR	286,300	$6.834M	0.2%	$24.39	—	HIGH YIELD CORP	35473P629
VTV	VANGUARD INDEX FDS	39,800	$6.738M	0.2%	$160.41	—	VALUE ETF	922908744
ITA	ISHARES TR	44,054	$6.403M	0.2%	$126.95	—	US AER DEF ETF	464288760
VTEB	VANGUARD MUN BD FDS	126,600	$6.346M	0.2%	$50.99	—	TAX EXEMPT BD	922907746
IYC	ISHARES TR	60,211	$5.789M	0.2%	$96.14	—	US CONSUM DISCRE	464287580
FLBL	FRANKLIN TEMPLETON ETF TR	215,400	$5.227M	0.2%	$24.27	—	SENIOR LOAN ETF	35473P595
AVUV	AMERICAN CENTY ETF TR	53,721	$5.186M	0.2%	$96.53	—	US SML CP VALU	025072877
XLP	SELECT SECTOR SPDR TR	64,821	$5.096M	0.2%	$83.00	—	SBI CONS STPLS	81369Y308
XLU	SELECT SECTOR SPDR TR	63,392	$4.798M	0.2%	$80.52	—	SBI INT-UTILS	81369Y886
FLMI	FRANKLIN TEMPLETON ETF TR	118,300	$2.891M	0.1%	$24.44	—	FRANKLIN DYN MUN	35473P868
HYBL	SSGA ACTIVE TR	89,800	$2.547M	0.1%	$28.36	—	SPDR BLACKSTONE	78470P846
HYLS	FIRST TR EXCHANGE-TRADED FD	61,400	$2.538M	0.1%	$41.33	—	FIRST TR TA HIYL	33738D408
CMBS	ISHARES TR	46,586	$2.199M	0.1%	$47.20	—	CMBS ETF	46429B366
BBHY	J P MORGAN EXCHANGE TRADED F	45,400	$2.092M	0.1%	$43.88	—	BETABUILDERS USD	46641Q878
SCHG	SCHWAB STRATEGIC TR	68,883	$1.92M	0.1%	$27.87	—	US LCAP GR ETF	808524300
IJR	ISHARES TR	15,727	$1.812M	0.1%	$112.12	—	CORE S&P SCP ETF	464287804
LONZ	PIMCO ETF TR	29,700	$1.518M	0.1%	$50.30	—	SR LN ACTIVE ETF	72201R627
SHYD	VANECK ETF TRUST	63,700	$1.432M	0.0%	$22.48	—	SHRT HGH YLD MUN	92189F387
IJH	ISHARES TR	22,474	$1.4M	0.0%	$62.31	—	CORE S&P MCP ETF	464287507
ACWX	ISHARES TR	23,168	$1.208M	0.0%	$52.98	—	MSCI ACWI EX US	464288240
BKHY	BNY MELLON ETF TRUST	22,000	$1.049M	0.0%	$46.19	—	HIGH YIELD ETF	09661T800
BNDX	VANGUARD CHARLOTTE FDS	20,055	$984K	0.0%	$49.68	—	TOTAL INT BD ETF	92203J407
RSP	INVESCO EXCHANGE TRADED FD T	5,320	$932K	0.0%	$175.23	—	S&P500 EQL WGT	46137V357
VEU	VANGUARD INTL EQUITY INDEX F	14,464	$830K	0.0%	$59.43	—	ALLWRLD EX US	922042775
QQQM	INVESCO EXCH TRADED FD TR II	3,573	$752K	0.0%	$206.30	—	NASDAQ 100 ETF	46138G649
EWX	SPDR INDEX SHS FDS	12,385	$726K	0.0%	$58.61	—	S&P EMKTSC ETF	78463X756
EMB	ISHARES TR	8,111	$722K	0.0%	$93.58	—	JPMORGAN USD EMG	464288281
FLRT	PACER FDS TR	13,336	$634K	0.0%	$46.68	—	PAC ASSET FLTG	69374H428
JMHI	J P MORGAN EXCHANGE TRADED F	11,800	$593K	0.0%	$49.60	—	HIGH YIELD MUNI	46654Q799
MUB	ISHARES TR	4,655	$496K	0.0%	$107.48	—	NATIONAL MUN ETF	464288414
KBE	SPDR SER TR	8,700	$483K	0.0%	$55.47	—	S&P BK ETF	78464A797
DVY	ISHARES TR	3,640	$478K	0.0%	$131.29	—	SELECT DIVID ETF	464287168
VOE	VANGUARD INDEX FDS	2,940	$476K	0.0%	$161.77	—	MCAP VL IDXVIP	922908512
SPMO	INVESCO EXCH TRADED FD TR II	4,968	$472K	0.0%	$95.01	—	S&P 500 MOMNTM	46138E339
ARGT	GLOBAL X FDS	5,635	$466K	0.0%	$82.67	—	GB MSCI AR ETF	37950E259
COWZ	PACER FDS TR	8,155	$461K	0.0%	$56.48	—	US CASH COWS 100	69374H881
YLD	PRINCIPAL EXCHANGE TRADED FD	21,978	$422K	0.0%	$18.86	—	ACTIVE HIGH YL	74255Y102
IJK	ISHARES TR	4,612	$419K	0.0%	$90.81	—	S&P MC 400GR ETF	464287606
VWO	VANGUARD INTL EQUITY INDEX F	6,990	$308K	0.0%	$42.51	—	FTSE EMR MKT ETF	922042858
EMHY	ISHARES INC	7,761	$295K	0.0%	$39.02	—	JP MRGN EM HI BD	464286285
DXJ	WISDOMTREE TR	2,153	$237K	0.0%	$110.29	—	JAPN HEDGE EQT	97717W851