| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 92206C706 VANGUARD INTERM-TERM | 36,398 | 37,456 |
| 46138E628 INVESCO KBW BANK ETF | 20,594 | 32,114 |
| 92206C847 VANGUARD LONG-TERM T | 32,549 | 32,587 |
| 92206C409 VANGUARD SHORT-TERM | 70,690 | 71,677 |
| 81369Y852 STE STRT COMTN SR SL | 48,735 | 93,823 |
| 69374H741 PACER DATA & INFRA R | 890 | 916 |
| 464288687 ISHARES PREFERRED & | 6,603 | 6,564 |
| 81369Y860 ST STRT REAL ESTATE | 11,713 | 12,630 |
| 46138E511 INVESCO PREFERRED ET | 2,713 | 2,619 |
| 464286533 ISHARES EDGE MSCI MI | 31,256 | 38,168 |
| 46137V100 INVESCO AEROSPACE AN | 16,235 | 22,555 |
| 46434G103 ISHARES INC CORE MSC | 84,618 | 102,309 |
| 464288752 ISHARES U.S. HOME CO | 2,032 | 2,119 |
| 92204A702 VANGUARD INFORMATION | 115,723 | 224,626 |
| 464287176 ISHARES TIPS BOND ET | 9,018 | 9,232 |
| 92203J407 VANGUARD TOTAL INTER | 17,255 | 17,202 |
| 46435U713 ISHARES TR U S INFRA | 13,173 | 15,628 |
| 922908553 VANGUARD REAL ESTATE | 3,347 | 3,363 |
| 46435G672 ISHARES INTERNATIONA | 999 | 1,000 |
| 81369Y506 ST STRT ENERGY SLCT | 8,766 | 9,300 |
| 81369Y407 STATE STRT CONS DSRY | 56,699 | 90,274 |
| 46432F842 ISHARES TR CORE MSCI | 268,616 | 362,134 |
| 808524862 SCHWAB SHORT-TERM U. | 18,591 | 18,667 |
| 464287432 ISHARES 20+ YEAR TRE | 15,757 | 15,950 |
| 78468R606 STATE STREET SPDR PO | 18,394 | 18,652 |
| 78464A888 STATE STREET SPDR SP | 12,005 | 11,840 |
| 33734X846 FIRST TR NASDAQ CYBE | 10,304 | 10,217 |
| 316092865 FIDELITY MSCI UTILIT | 13,021 | 15,020 |
| 92206C870 VANGUARD INTERMEDIAT | 124,735 | 130,148 |
| 92204A801 VANGUARD MATERIALS E | 15,350 | 17,227 |
| 464287556 ISHARES BIOTECHNOLOG | 12,487 | 15,527 |
| 81369Y209 ST STRT HEALTH CARE | 56,723 | 66,564 |
| 92189F676 VANECK SEMICONDUCTOR | 54,787 | 91,473 |
| 81369Y605 ST STRT FINANCIAL SL | 59,473 | 116,660 |
| 37954Y673 GLOBAL X FUNDS SHS U | 14,291 | 22,127 |
| 92204A207 VANGUARD CONSUMER ST | 24,014 | 26,405 |
| 922908751 VANGUARD SMALL CAP | 131,234 | 160,445 |
| 92204A603 VANGUARD INDUSTRIAL | 27,824 | 43,862 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 46138E511 INVESCO PREFERRED ET | |||
| 92204A702 VANGUARD INFORMATION | |||
| 92204A801 VANGUARD MATERIALS E | |||
| 46434G103 ISHARES CORE MSCI EM | |||
| 81369Y852 COMM SERVICES SELECT | |||
| 81369Y860 REAL ESTATE SELECT S | |||
| 81369Y209 HEALTH CARE SELECT S | |||
| 92204A603 VANGUARD INDUSTRIALS | |||
| 464288588 ISHARES MBS ETF | |||
| 46432F842 ISHARES CORE MSCI EA | |||
| 81369Y407 CONSUMER DISCRETIONA | |||
| 81369Y605 FINANCIAL SELECT SEC | |||
| 81369Y506 ENERGY SELECT SECTOR | |||
| 464287556 ISHARES NASDAQ BIOTE | |||
| 92204A207 VANGUARD CONSUMER ST | |||
| 92206C870 VANGUARD INTRMDIATE- | |||
| 92206C409 VANGUARD SHORT-TERM | |||
| 316092865 FIDELITY MSCI UTILIT | |||
| 922908751 VANGUARD SMALL-CAP E | |||
| 33734X192 FIRST TRUST CLOUD CO | |||
| 69374H741 PACER BENCHMARK DATA | |||
| 37954Y673 GLOBAL X FUNDS SHS U | |||
| 808524862 SCHWAB SHORT-TERM U. | |||
| 92189F676 VANECK VECTORS SEMIC | |||
| 464287432 ISHARES 20 YEAR TREA | |||
| 46429B689 ISHARES EDGE MSCI MI | |||
| 464286533 ISHARES EDGE MSCI MI | |||
| 46138E628 INVESCO KBW BANK ETF | |||
| 464287176 ISHARES TIPS BOND ET | |||
| 464288760 ISHARES US AEROSPACE | |||
| 46435U713 ISHARES TR | |||
| 92206C706 VANGUARD INTERMEDIAT | |||
| 46137V100 INVESCO AEROSPACE & | |||
| 464288752 ISHARES U.S. HOME CO | |||
| 09248U213 BLACKROCK LIQUIDITY | AT COST | 9,308 | 9,308 |
| Description | Amount |
|---|---|
| INCOME ADJUSTMENT | 105 |
| Description | Amount |
|---|---|
| ROUNDING | 5 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX - PRIOR YEAR | 913 | 0 | 0 | |
| FEDERAL ESTIMATES - PRINCIPAL | 1,444 | 0 | 0 | |
| FOREIGN TAXES ON QUALIFIED FOR | 904 | 904 | 0 | |
| FOREIGN TAXES ON NONQUALIFIED | 354 | 354 | 0 |