The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABRDN ASIA PACIFIC INCOME FU COM NEW 003009867 2,224,891 141,713 SH SOLE 141,713 0 0
AGNC INVT CORP COM 00123Q104 729,076 76,104 SH SOLE 76,104 0 0
ALLSPRING INCOME OPPORTUNIT INC OPPTY FD 94987B105 2,376,232 347,402 SH SOLE 347,402 0 0
ALLSPRING MULTI SECTOR INCOM COM 94987D101 1,565,091 169,750 SH SOLE 169,750 0 0
ANGEL OAK FUNDS TRUST INCOME ETF 03463K760 1,407,549 67,801 SH SOLE 67,801 0 0
BLACKROCK CR ALLOCATION INCO COM 092508100 1,651,391 154,048 SH SOLE 154,048 0 0
BLACKROCK MUNI INCOME TR II COM 09249N101 3,156,939 303,844 SH SOLE 303,844 0 0
BLACKROCK MUNIHLDNGS CALI QL COM 09254L107 291,933 27,258 SH SOLE 27,258 0 0
BLACKROCK MUNIHOLDINGS FD IN COM 09253N104 1,454,257 123,872 SH SOLE 123,872 0 0
BLACKROCK MUNIYIELD FD INC COM 09253W104 1,059,610 100,437 SH SOLE 100,437 0 0
BROADCOM INC COM 11135F101 272,367 1,627 SH SOLE 1,627 0 0
BROOKFIELD REAL ASSETS INCOM SHS BEN INT 112830104 2,064,593 156,884 SH SOLE 156,884 0 0
COHEN & STEERS LTD DURATION COM 19248C105 1,204,584 59,164 SH SOLE 59,164 0 0
COLLABORATIVE INVESTMNT SER RAREVIEW 2X BULL 19423L433 377,697 17,780 SH SOLE 17,780 0 0
DOUBLELINE ETF TRUST COMMERCIAL REAL 25861R303 431,818 8,325 SH SOLE 8,325 0 0
EATON VANCE CALIF MUN BD FD COM 27828A100 514,513 55,503 SH SOLE 55,503 0 0
FIRST TR INTER DURATN PFD & COM 33718W103 2,000,390 108,776 SH SOLE 108,776 0 0
FRANKLIN LTD DURATION INCOME COM 35472T101 1,201,984 186,066 SH SOLE 186,066 0 0
INVESCO MUN OPPORTUNITY TR COM 46132C107 2,668,246 281,164 SH SOLE 281,164 0 0
INVESCO MUNICIPAL TRUST COM 46131J103 2,458,820 254,800 SH SOLE 254,800 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 15,487,490 33,028 SH SOLE 33,028 0 0
INVESCO QUALITY MUN INCOME T COM 46133G107 2,691,534 278,051 SH SOLE 278,051 0 0
INVESCO VALUE MUN INCOME TR COM 46132P108 1,753,138 146,461 SH SOLE 146,461 0 0
MORGAN STANLEY EMERGING MKTS COM 617477104 3,217,557 684,587 SH SOLE 684,587 0 0
NUVEEN AMT FREE MUN CR INC F COM 67071L106 2,526,585 204,086 SH SOLE 204,086 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 2,533,294 226,187 SH SOLE 226,187 0 0
NUVEEN CA QUALTY MUN INCOME COM 67066Y105 805,897 71,699 SH SOLE 71,699 0 0
NUVEEN CALIFORNIA AMT QLT MU COM 670651108 800,384 63,573 SH SOLE 63,573 0 0
NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT 67070X101 4,879,342 398,965 SH SOLE 398,965 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 4,195,745 364,214 SH SOLE 364,214 0 0
NUVEEN VRIABL RAT PFD & INM COM 67080R102 1,373,254 73,162 SH SOLE 73,162 0 0
PGIM SHORT DUR HIG YLD OPP F COM 69355J104 1,934,315 117,373 SH SOLE 117,373 0 0
RBB FD INC US TREAS 3 MNTH 74933W452 2,691,588 53,821 SH SOLE 53,821 0 0
SPDR SER TR BLOOMBERG 1-3 MO 78468R663 10,149,007 110,640 SH SOLE 110,640 0 0
TEMPLETON EMERGING MKTS INCO COM 880192109 2,279,395 423,679 SH SOLE 423,679 0 0
UNITEDHEALTH GROUP INC COM 91324P102 212,405 406 SH SOLE 406 0 0
VANECK ETF TRUST EMERGING MRKT HI 92189F353 369,793 18,819 SH SOLE 18,819 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 7,754,376 34,969 SH SOLE 34,969 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 27,397,570 53,312 SH SOLE 53,312 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 7,702,935 170,193 SH SOLE 170,193 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 19,043,612 374,653 SH SOLE 374,653 0 0
WESTERN ASSET EMERGING MKTS COM 95766A101 3,524,786 356,399 SH SOLE 356,399 0 0
WESTERN ASSET GBL HIGH INC F COM 95766B109 673,711 101,923 SH SOLE 101,923 0 0
WESTERN ASSET HIGH INCOM FD COM 95766J102 1,470,931 351,897 SH SOLE 351,897 0 0
WESTERN ASSET MANAGED MUNS F COM 95766M105 3,280,575 318,812 SH SOLE 318,812 0 0