| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEE | 1,250 | 1,250 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 81369Y209 ST STRT HEALTH CARE | 120,698 | 129,568 |
| 464287556 ISHARES BIOTECHNOLOG | 20,340 | 24,640 |
| 81369Y704 ST STRT INDUSTRIAL S | 76,666 | 84,540 |
| 316092865 FIDELITY MSCI UTILIT | 28,859 | 29,984 |
| 92204A405 VANGUARD FINANCIALS | 195,545 | 221,593 |
| 46435U853 ISH USD HIGH YIELD C | 40,648 | 40,910 |
| 92189F676 VANECK SEMICONDUCTOR | 120,569 | 156,657 |
| 69374H741 PACER DATA & INFRA R | 1,641 | 1,690 |
| 92206C847 VANGUARD LONG-TERM T | 9,635 | 9,486 |
| 37954Y673 GLOBAL X FUNDS SHS U | 38,142 | 42,629 |
| 46429B267 ISHARES US TREASURY | 220,826 | 223,043 |
| 46435U713 ISHARES TR U S INFRA | 28,299 | 30,151 |
| 81369Y308 ST STRT CONSUMER STA | 73,114 | 70,922 |
| 81369Y860 ST STRT REAL ESTATE | 30,692 | 30,585 |
| 81369Y407 STATE STRT CONS DSRY | 154,975 | 171,473 |
| 46654Q575 JPMORGAN MORTGAGE-BA | 194,800 | 199,747 |
| 464288752 ISHARES U.S. HOME CO | 29,704 | 25,808 |
| 81369Y852 STE STRT COMTN SR SL | 154,744 | 181,171 |
| 46137V100 INVESCO AEROSPACE AN | 37,968 | 43,856 |
| 92206C870 VANGUARD INTERMEDIAT | 52,628 | 53,768 |
| 33734X846 FIRST TR NASDAQ CYBE | 19,638 | 19,506 |
| 92204A702 VANGUARD INFORMATION | 384,089 | 440,961 |
| 46138E628 INVESCO KBW BANK ETF | 48,456 | 59,424 |
| 81369Y100 ST STRT MATERIALS SL | 13,853 | 14,149 |
| 81369Y506 ST STRT ENERGY SLCT | 17,373 | 17,347 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 464288448 SHARES DJ EPAC SEL D | |||
| 464287598 ISHARES RUSSELL 1000 | |||
| 464287226 ISHARES CORE U.S. AG | |||
| 464287648 ISHARES RUSSELL 2000 | |||
| 464287614 ISHARES RUSSELL 1000 | |||
| 464287168 ISHARES SELECT DIVID | |||
| 46434G103 ISHARES CORE MSCI EM | |||
| 464288661 ISHARES 3-7 YEAR TRE | |||
| 464287242 ISHARES IBOXX INVEST | |||
| 464288588 ISHARES MBS ETF | |||
| 46432F842 ISHARES CORE MSCI EA | |||
| 464288281 ISHARES JP MORGAN US | |||
| 464288513 ISHARES IBOXX$ HIGH | |||
| 464287630 ISHARES RUSSELL 2000 | |||
| 46429B689 ISHARES EDGE MSCI MI | |||
| 46435G516 ISHARES TRUST ISHARE | |||
| 316092865 FIDELITY MSCI UTILIT | |||
| 33734X192 FIRST TRUST CLOUD CO | |||
| 37954Y673 GLOBAL X FUNDS SHS U | |||
| 46137V100 INVESCO AEROSPACE & | |||
| 46138E628 INVESCO KBW BANK ETF | |||
| 464287556 ISHARES NASDAQ BIOTE | |||
| 464288752 ISHARES U.S. HOME CO | |||
| 46429B267 ISHARES US TREASURY | |||
| 46435U713 ISHARES TR | |||
| 46435U853 ISH USD HIGH YIELD | |||
| 4812C1215 JPMORGAN MORTGAGE-BA | |||
| 69374H741 PACER BENCHMARK DATA | |||
| 72201M685 PIMCO INVESTMENT GRA | AT COST | 159,011 | 162,076 |
| 72201M784 PIMCO INTERNATIONAL | AT COST | 131,491 | 132,228 |
| 81369Y100 MATERIALS SELECT SEC | |||
| 81369Y209 HEALTH CARE SELECT S | |||
| 81369Y308 CONSUMER STAPLES SEL | |||
| 81369Y407 CONSUMER DISCRETIONA | |||
| 81369Y506 ENERGY SELECT SECTOR | |||
| 81369Y704 INDUSTRIAL SELECT SE | |||
| 81369Y852 COMM SERVICES SELECT | |||
| 81369Y860 REAL ESTATE SELECT S | |||
| 92189F676 VANECK VECTORS SEMIC | |||
| 92204A405 VANGUARD FINANCIALS | |||
| 92204A702 VANGUARD INFORMATION | |||
| 92206C847 VANGUARD LONG-TERM T | |||
| 92206C870 VANGUARD INTRMDIATE- | |||
| 09248U213 BLACKROCK LIQUIDITY | AT COST | 12,880 | 12,880 |
| Description | Amount |
|---|---|
| AMAZON SH SENT IN ERROR -JANNEY, MONTGO | 695,100 |
| TYE INCOME ADJ | 964 |
| MKT VAL TO TAX COST ADJ FOR CONTRIB REC | 1,239,934 |
| ROUNDING | 10 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| EXCISE TAX REFUND | 140 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MGMT FEES - BOA | 19,715 | 11,829 | 7,886 |
| Name | Address |
|---|---|
| MARK MARGARET CHRISTENSEN |
1122 COUNTRY CLUB DR HASTINGS,MI490589502 |
| GARY BEGNAUD |
60 BORTONS RD MARLTON,NJ08053 |
| DR ROBERT SKAF |
228 MUNN LANE CHERRY HILL,NJ08034 |