| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 46138E511 INVESCO PREFERRED ET | AT COST | 6,677 | 5,425 |
| 92204A702 VANGUARD INFORMATION | AT COST | 99,951 | 168,432 |
| 92204A801 VANGUARD MATERIALS E | AT COST | 10,399 | 10,827 |
| 46434G103 ISHARES CORE MSCI EM | AT COST | 64,480 | 53,817 |
| 81369Y852 COMM SERVICES SELECT | AT COST | 48,611 | 62,778 |
| 81369Y860 REAL ESTATE SELECT S | AT COST | 6,012 | 6,089 |
| 81369Y209 HEALTH CARE SELECT S | AT COST | 75,070 | 90,693 |
| 92204A603 VANGUARD INDUSTRIALS | AT COST | 21,225 | 37,473 |
| 464288588 ISHARES MBS ETF | AT COST | 44,215 | 47,134 |
| 46432F842 ISHARES CORE MSCI EA | AT COST | 174,335 | 198,457 |
| 81369Y407 CONSUMER DISCRETIONA | AT COST | 45,529 | 64,550 |
| 81369Y605 FINANCIAL SELECT SEC | AT COST | 60,474 | 85,728 |
| 81369Y506 ENERGY SELECT SECTOR | AT COST | 30,732 | 40,327 |
| 464287556 ISHARES NASDAQ BIOTE | AT COST | 16,354 | 17,117 |
| 92204A207 VANGUARD CONSUMER ST | AT COST | 42,202 | 46,594 |
| 92206C870 VANGUARD INTRMDIATE- | AT COST | 104,671 | 105,176 |
| 92206C409 VANGUARD SHORT-TERM | AT COST | 45,899 | 45,107 |
| 316092865 FIDELITY MSCI UTILIT | AT COST | 12,472 | 11,400 |
| 922908751 VANGUARD SMALL-CAP E | AT COST | 94,049 | 98,772 |
| 33734X192 FIRST TRUST CLOUD CO | AT COST | 9,713 | 9,907 |
| 69374H741 PACER BENCHMARK DATA | AT COST | 5,282 | 4,293 |
| 78464A532 SPDR S&P TRANSPORTAT | |||
| 464288778 ISHARES US REGIONAL | |||
| 37954Y673 GLOBAL X FUNDS SHS U | AT COST | 10,077 | 12,750 |
| 808524862 SCHWAB SHORT-TERM U. | AT COST | 48,085 | 47,869 |
| 92189F676 VANECK VECTORS SEMIC | AT COST | 23,175 | 30,952 |
| 464287432 ISHARES 20 YEAR TREA | AT COST | 65,477 | 63,085 |
| 46429B689 ISHARES EDGE MSCI MI | AT COST | 45,089 | 54,016 |
| 464286533 ISHARES EDGE MSCI MI | AT COST | 49,120 | 53,144 |
| 92203J407 VANGUARD TOTAL INTER | |||
| 46138E628 INVESCO KBW BANK ETF | AT COST | 9,163 | 10,428 |
| 464287176 ISHARES TIPS BOND ET | AT COST | 7,505 | 7,524 |
| 464288760 ISHARES US AEROSPACE | AT COST | 11,060 | 12,660 |
| 46435U713 ISHARES TR | AT COST | 5,867 | 5,960 |
| 92206C706 VANGUARD INTERMEDIAT | AT COST | 51,586 | 53,388 |
| Description | Amount |
|---|---|
| TAX LOT BASIS ADJ | 11 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FEDERAL TAX REFUND | 1,707 | 0 |
| Description | Amount |
|---|---|
| MUTUAL FUND TIMING ADJ | 1 |
| COST BASIS ADJ | 2 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 667 | 667 | 0 | |
| FEDERAL ESTIMATES - PRINCIPAL | 462 | 0 | 0 | |
| FOREIGN TAXES ON NONQUALIFIED | 417 | 417 | 0 |