| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 46138E511 INVESCO PREFERRED ET | AT COST | 6,899 | 5,661 |
| 92204A702 VANGUARD INFORMATION | AT COST | 99,417 | 200,220 |
| 92204A801 VANGUARD MATERIALS E | AT COST | 13,584 | 13,900 |
| 46434G103 ISHARES CORE MSCI EM | AT COST | 88,491 | 81,150 |
| 81369Y852 COMM SERVICES SELECT | AT COST | 46,263 | 77,642 |
| 81369Y860 REAL ESTATE SELECT S | AT COST | 14,811 | 15,699 |
| 81369Y209 HEALTH CARE SELECT S | AT COST | 67,207 | 78,690 |
| 92204A603 VANGUARD INDUSTRIALS | AT COST | 23,476 | 40,702 |
| 464288588 ISHARES MBS ETF | AT COST | 32,896 | 34,655 |
| 46432F842 ISHARES CORE MSCI EA | AT COST | 207,117 | 229,183 |
| 81369Y407 CONSUMER DISCRETIONA | AT COST | 51,271 | 82,336 |
| 81369Y605 FINANCIAL SELECT SEC | AT COST | 59,186 | 105,311 |
| 81369Y506 ENERGY SELECT SECTOR | AT COST | 17,954 | 17,732 |
| 464287556 ISHARES NASDAQ BIOTE | AT COST | 14,346 | 14,279 |
| 92204A207 VANGUARD CONSUMER ST | AT COST | 23,144 | 26,000 |
| 92206C870 VANGUARD INTRMDIATE- | AT COST | 93,304 | 93,755 |
| 92206C409 VANGUARD SHORT-TERM | AT COST | 57,762 | 57,337 |
| 316092865 FIDELITY MSCI UTILIT | AT COST | 13,655 | 13,948 |
| 922908751 VANGUARD SMALL-CAP E | AT COST | 142,251 | 162,910 |
| 33734X192 FIRST TRUST CLOUD CO | AT COST | 9,507 | 13,222 |
| 69374H741 PACER BENCHMARK DATA | AT COST | 2,332 | 2,159 |
| 37954Y673 GLOBAL X FUNDS SHS U | AT COST | 12,254 | 17,053 |
| 808524862 SCHWAB SHORT-TERM U. | AT COST | 40,103 | 39,699 |
| 92189F676 VANECK VECTORS SEMIC | AT COST | 35,368 | 52,551 |
| 464287432 ISHARES 20 YEAR TREA | AT COST | 56,870 | 49,341 |
| 46429B689 ISHARES EDGE MSCI MI | AT COST | 28,645 | 33,304 |
| 464286533 ISHARES EDGE MSCI MI | AT COST | 30,155 | 33,518 |
| 46138E628 INVESCO KBW BANK ETF | AT COST | 11,310 | 15,684 |
| 464287176 ISHARES TIPS BOND ET | AT COST | 8,682 | 8,631 |
| 464288760 ISHARES US AEROSPACE | |||
| 46435U713 ISHARES TR | AT COST | 13,555 | 14,304 |
| 92206C706 VANGUARD INTERMEDIAT | AT COST | 73,772 | 73,950 |
| 46137V100 INVESCO AEROSPACE & | AT COST | 9,770 | 10,211 |
| 464288752 ISHARES U.S. HOME CO | AT COST | 16,031 | 15,095 |
| Description | Amount |
|---|---|
| MUTUAL FUND TIMING ADJ | 4 |
| Description | Amount |
|---|---|
| ROUNDING | 10 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 645 | 645 | 0 | |
| FEDERAL TAX PAYMENT - PRIOR YE | 68 | 0 | 0 | |
| FEDERAL ESTIMATES - PRINCIPAL | 530 | 0 | 0 | |
| FOREIGN TAXES ON NONQUALIFIED | 313 | 313 | 0 |