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
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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
iShares 20 Year Treasury Bond Exchange Traded Fund 464287432 139,960,529 1,585,955 SH SOLE 1,585,955 0 0
iShares Short Duration Bond Ac Exchange Traded Fund 46431W507 126,336,475 2,472,338 SH SOLE 2,472,338 0 0
Vanguard Ultra Short Bond ETF Exchange Traded Fund 92203C303 122,488,735 2,456,407 SH SOLE 2,456,407 0 0
PIMCO Enhanced Short Maturity Exchange Traded Fund 72201R833 92,488,416 919,962 SH SOLE 919,962 0 0
First Trust Enhanced Short Mat Exchange Traded Fund 33739Q408 82,602,332 1,379,695 SH SOLE 1,379,695 0 0
iShares 0-5 Year High Yield Co Exchange Traded Fund 46434V407 75,990,290 1,761,481 SH SOLE 1,761,481 0 0
iShares 0-5 Year Investment Gr Exchange Traded Fund 46434V100 48,279,975 954,338 SH SOLE 954,338 0 0
JPMorgan Ultra-Short Income ET Exchange Traded Fund 46641Q837 39,570,792 780,797 SH SOLE 780,797 0 0
Nuveen Quality Municipal Incom Exchange Traded Fund 67066V101 36,261,866 3,211,857 SH SOLE 3,211,857 0 0
Nuveen AMT-Free Quality Munici Exchange Traded Fund 670657105 36,054,127 3,301,660 SH SOLE 3,301,660 0 0
Vanguard Long-Term Corporate B Exchange Traded Fund 92206C813 23,840,038 314,098 SH SOLE 314,098 0 0
Invesco QQQ Trust Series 1 Exchange Traded Fund 46090E103 3,938,710 7,140 SH SOLE 7,140 0 0
Financial Select Sector SPDR F Exchange Traded Fund 81369Y605 2,749,425 52,500 SH SOLE 52,500 0 0
Barrick Mining Corp Equity 06849F108 2,592,257 124,508 SH SOLE 124,508 0 0
Communication Services Select Exchange Traded Fund 81369Y852 2,496,190 23,000 SH SOLE 23,000 0 0
Technology Select Sector SPDR Exchange Traded Fund 81369Y803 2,152,455 8,500 SH SOLE 8,500 0 0
Newmont Corp Equity 651639106 2,114,838 36,300 SH SOLE 36,300 0 0
AGNC Investment Corp Equity 00123Q104 2,110,548 229,657 SH SOLE 229,657 0 0
Invesco Senior Loan ETF Exchange Traded Fund 46138G508 2,092,000 100,000 SH SOLE 100,000 0 0
Hess Midstream LP Equity 428103105 1,944,678 50,498 SH SOLE 50,498 0 0
JPMorgan Ultra-Short Municipal Exchange Traded Fund 46641Q654 1,936,691 38,034 SH SOLE 38,034 0 0
Williams Cos Inc/The Equity 969457100 1,769,169 28,167 SH SOLE 28,167 0 0
Iron Mountain Inc Equity 46284V101 1,765,948 17,217 SH SOLE 17,217 0 0
Cheniere Energy Partners LP Equity Unit 16411Q101 1,761,988 31,436 SH SOLE 31,436 0 0
Energy Transfer LP Equity Unit 29273V100 1,706,051 94,101 SH SOLE 94,101 0 0
Digital Realty Trust Inc Equity 253868103 1,680,193 9,638 SH SOLE 9,638 0 0
Blackstone Secured Lending Fun Equity 09261X102 1,639,713 53,324 SH SOLE 53,324 0 0
MPLX LP Equity Unit 55336V100 1,545,609 30,006 SH SOLE 30,006 0 0
Ares Capital Corp Equity 04010L103 1,535,992 69,945 SH SOLE 69,945 0 0
Microsoft Corp Equity 594918104 1,520,582 3,057 SH SOLE 3,057 0 0
First Trust Smith Opportunisti Exchange Traded Fund 33740F805 1,514,205 34,500 SH SOLE 34,500 0 0
FS KKR Capital Corp Equity 302635206 1,513,775 72,953 SH SOLE 72,953 0 0
Enterprise Products Partners L Equity Unit 293792107 1,507,923 48,627 SH SOLE 48,627 0 0
Agnico Eagle Mines Ltd Equity 008474108 1,502,205 12,631 SH SOLE 12,631 0 0
CVR Partners LP Equity Unit 126633205 1,501,663 16,903 SH SOLE 16,903 0 0
SPDR Blackstone Senior Loan ET Exchange Traded Fund 78467V608 1,497,240 36,000 SH SOLE 36,000 0 0
First Trust Smith Unconstraine Exchange Traded Fund 33740F888 1,493,400 60,000 SH SOLE 60,000 0 0
Utilities Select Sector SPDR F Exchange Traded Fund 81369Y886 1,429,050 17,500 SH SOLE 17,500 0 0
Annaly Capital Management Inc Equity 035710839 1,394,562 74,100 SH SOLE 74,100 0 0
Vanguard Real Estate ETF Exchange Traded Fund 922908553 1,335,900 15,000 SH SOLE 15,000 0 0
Home Depot Inc/The Equity 437076102 1,283,240 3,500 SH SOLE 3,500 0 0
Industrial Select Sector SPDR Exchange Traded Fund 81369Y704 1,253,920 8,500 SH SOLE 8,500 0 0
ONEOK Inc Equity 682680103 1,243,225 15,230 SH SOLE 15,230 0 0
FS Credit Opportunities Corp Exchange Traded Fund 30290Y101 1,241,046 170,943 SH SOLE 170,943 0 0
USA Compression Partners LP Equity Unit 90290N109 1,170,429 48,146 SH SOLE 48,146 0 0
Global Partners LP/MA Equity Unit 37946R109 1,167,970 22,150 SH SOLE 22,150 0 0
Starwood Property Trust Inc Equity 85571B105 1,125,285 56,068 SH SOLE 56,068 0 0
Amazon.com Inc Equity 023135106 1,125,251 5,129 SH SOLE 5,129 0 0
VanEck Semiconductor ETF Exchange Traded Fund 92189F676 1,115,520 4,000 SH SOLE 4,000 0 0
DAN Ives Wedbush AI Revolution Exchange Traded Fund 947913109 1,111,510 41,000 SH SOLE 41,000 0 0
Kinetik Holdings Inc Equity 02215L209 1,089,709 24,738 SH SOLE 24,738 0 0
Delek Logistics Partners LP Equity Unit 24664T103 1,076,456 25,063 SH SOLE 25,063 0 0
Uber Technologies Inc Equity 90353T100 1,072,950 11,500 SH SOLE 11,500 0 0
Analog Devices Inc Equity 032654105 1,071,090 4,500 SH SOLE 4,500 0 0
Plains All American Pipeline L Equity Unit 726503105 1,048,106 57,211 SH SOLE 57,211 0 0
SPDR S&P Biotech ETF Exchange Traded Fund 78464A870 1,036,625 12,500 SH SOLE 12,500 0 0
CrossAmerica Partners LP Equity Unit 22758A105 1,033,302 49,393 SH SOLE 49,393 0 0
iShares U.S. Insurance ETF Exchange Traded Fund 464288786 1,008,450 7,500 SH SOLE 7,500 0 0
NYLI CBRE Global Infrastructur Exchange Traded Fund 56064Q107 999,446 70,334 SH SOLE 70,334 0 0
Rithm Capital Corp Equity 64828T201 991,160 87,791 SH SOLE 87,791 0 0
iShares Expanded Tech-Software Exchange Traded Fund 464287515 985,500 9,000 SH SOLE 9,000 0 0
Sabra Health Care REIT Inc Equity 78573L106 950,914 51,568 SH SOLE 51,568 0 0
Nuveen Floating Rate Income Fu Exchange Traded Fund 67072T108 949,275 112,075 SH SOLE 112,075 0 0
Alliance Resource Partners LP Equity Unit 01877R108 945,092 36,155 SH SOLE 36,155 0 0
Boeing Co/The Equity 097023105 942,885 4,500 SH SOLE 4,500 0 0
Enbridge Inc Equity 29250N105 939,529 20,731 SH SOLE 20,731 0 0
Oracle Corp Equity 68389X105 910,594 4,165 SH SOLE 4,165 0 0
FLEX LNG Ltd Equity G35947202 893,971 40,672 SH SOLE 40,672 0 0
Vistra Corp Equity 92840M102 872,145 4,500 SH SOLE 4,500 0 0
Black Stone Minerals LP Equity Unit 09225M101 871,050 66,594 SH SOLE 66,594 0 0
AllianceBernstein Holding LP Equity Unit 01881G106 865,065 21,187 SH SOLE 21,187 0 0
Macy's Inc Equity 55616P104 862,840 74,000 SH SOLE 74,000 0 0
Alerian MLP ETF Exchange Traded Fund 00162Q452 855,050 17,500 SH SOLE 17,500 0 0
Clearway Energy Inc Equity 18539C204 823,008 25,719 SH SOLE 25,719 0 0
Kimbell Royalty Partners LP Equity Unit 49435R102 812,765 58,221 SH SOLE 58,221 0 0
Nuveen Credit Strategies Incom Exchange Traded Fund 67073D102 810,974 150,459 SH SOLE 150,459 0 0
Estee Lauder Cos Inc/The Equity 518439104 808,000 10,000 SH SOLE 10,000 0 0
Artisan Partners Asset Managem Equity 04316A108 804,457 18,147 SH SOLE 18,147 0 0
Frontline PLC Equity M46528101 802,006 48,873 SH SOLE 48,873 0 0
Global Net Lease Inc Equity 379378201 793,211 105,061 SH SOLE 105,061 0 0
Templeton Emerging Markets Inc Exchange Traded Fund 880192109 785,388 130,898 SH SOLE 130,898 0 0
OneMain Holdings Inc Equity 68268W103 781,641 13,713 SH SOLE 13,713 0 0
Rio Tinto PLC Depository Receipt 767204100 778,764 13,351 SH SOLE 13,351 0 0
Sixth Street Specialty Lending Equity 83012A109 777,444 32,652 SH SOLE 32,652 0 0
Neuberger Berman High Yield St Exchange Traded Fund 64128C106 763,192 100,685 SH SOLE 100,685 0 0
Gaming and Leisure Properties Equity 36467J108 761,304 16,309 SH SOLE 16,309 0 0
Nuveen Variable Rate Preferred Exchange Traded Fund 67080R102 759,632 39,400 SH SOLE 39,400 0 0
Antero Midstream Corp Equity 03676B102 755,158 39,850 SH SOLE 39,850 0 0
American Homes 4 Rent Equity 02665T306 750,545 20,808 SH SOLE 20,808 0 0
NIKE Inc Equity 654106103 745,920 10,500 SH SOLE 10,500 0 0
Dorian LPG Ltd Equity Y2106R110 743,395 30,492 SH SOLE 30,492 0 0
Morgan Stanley Emerging Market Exchange Traded Fund 617477104 734,208 143,400 SH SOLE 143,400 0 0
iShares U.S. Aerospace & Defen Exchange Traded Fund 464288760 733,810 3,890 SH SOLE 3,890 0 0
Arch Capital Group Ltd Equity G0450A105 728,400 8,000 SH SOLE 8,000 0 0
PIMCO Dynamic Income Opportuni Exchange Traded Fund 69355M107 719,118 53,347 SH SOLE 53,347 0 0
Blue Owl Capital Corp Equity 69121K104 717,115 50,008 SH SOLE 50,008 0 0
Dynex Capital Inc Equity 26817Q886 715,677 58,566 SH SOLE 58,566 0 0
Western Asset Diversified Inco Exchange Traded Fund 95790K109 711,964 47,976 SH SOLE 47,976 0 0
Western Midstream Partners LP Equity Unit 958669103 707,126 18,272 SH SOLE 18,272 0 0
Nuveen Preferred & Income Oppo Exchange Traded Fund 67073B106 705,078 87,915 SH SOLE 87,915 0 0
Essex Property Trust Inc Equity 297178105 696,314 2,457 SH SOLE 2,457 0 0
Hercules Capital Inc Equity 427096508 694,987 38,019 SH SOLE 38,019 0 0
Apollo Commercial Real Estate Equity 03762U105 693,601 71,653 SH SOLE 71,653 0 0
Healthpeak Properties Inc Equity 42250P103 685,044 39,123 SH SOLE 39,123 0 0
Camden Property Trust Equity 133131102 682,000 6,052 SH SOLE 6,052 0 0
PIMCO Access Income Fund Exchange Traded Fund 72203T100 675,553 44,709 SH SOLE 44,709 0 0
Brandywine Realty Trust Equity 105368203 672,865 156,845 SH SOLE 156,845 0 0
Morgan Stanley Emerging Market Exchange Traded Fund 61744H105 665,313 86,069 SH SOLE 86,069 0 0
NVIDIA Corp Equity 67066G104 657,396 4,161 SH SOLE 4,161 0 0
Genco Shipping & Trading Ltd Equity Y2685T131 649,226 49,673 SH SOLE 49,673 0 0
LyondellBasell Industries NV Equity N53745100 636,460 11,000 SH SOLE 11,000 0 0
Omega Healthcare Investors Inc Equity 681936100 634,118 17,302 SH SOLE 17,302 0 0
TXO Partners LP Equity Unit 87313P103 634,101 42,161 SH SOLE 42,161 0 0
iShares U.S. Medical Devices E Exchange Traded Fund 464288810 626,400 10,000 SH SOLE 10,000 0 0
Parsons Corp Equity 70202L102 610,045 8,500 SH SOLE 8,500 0 0
Oaktree Specialty Lending Corp Equity 67401P405 609,195 44,597 SH SOLE 44,597 0 0
Consumer Staples Select Sector Exchange Traded Fund 81369Y308 607,275 7,500 SH SOLE 7,500 0 0
KKR Income Opportunities Fund Exchange Traded Fund 48249T106 605,945 48,244 SH SOLE 48,244 0 0
EOG Resources Inc Equity 26875P101 598,050 5,000 SH SOLE 5,000 0 0
JPMorgan Chase & Co Equity 46625H100 579,820 2,000 SH SOLE 2,000 0 0
Quanta Services Inc Equity 74762E102 567,120 1,500 SH SOLE 1,500 0 0
Chipotle Mexican Grill Inc Equity 169656105 561,500 10,000 SH SOLE 10,000 0 0
Alphabet Inc Equity 02079K305 539,969 3,064 SH SOLE 3,064 0 0
Exxon Mobil Corp Equity 30231G102 539,000 5,000 SH SOLE 5,000 0 0
DraftKings Inc Equity 26142V105 536,125 12,500 SH SOLE 12,500 0 0
American Express Co Equity 025816109 478,470 1,500 SH SOLE 1,500 0 0
Mach Natural Resources LP Equity Unit 55445L100 474,845 32,884 SH SOLE 32,884 0 0
Energy Select Sector SPDR Fund Exchange Traded Fund 81369Y506 466,455 5,500 SH SOLE 5,500 0 0
iShares MSCI India ETF Exchange Traded Fund 46429B598 445,440 8,000 SH SOLE 8,000 0 0
Atlassian Corp Equity 049468101 430,348 2,119 SH SOLE 2,119 0 0
Icahn Enterprises LP Equity Unit 451100101 418,211 51,984 SH SOLE 51,984 0 0
Marathon Petroleum Corp Equity 56585A102 415,275 2,500 SH SOLE 2,500 0 0
PIMCO Municipal Income Fund II Exchange Traded Fund 72201A103 400,226 58,342 SH SOLE 58,342 0 0
Walmart Inc Equity 931142103 391,120 4,000 SH SOLE 4,000 0 0
Simon Property Group Inc Equity 828806109 385,824 2,400 SH SOLE 2,400 0 0
United States Natural Gas Fund Exchange Traded Fund 912318409 382,000 25,000 SH SOLE 25,000 0 0
iShares AI Innovation and Tech Exchange Traded Fund 09290C780 346,200 12,000 SH SOLE 12,000 0 0
Global X Uranium ETF Exchange Traded Fund 37954Y871 329,885 8,500 SH SOLE 8,500 0 0
Upstart Holdings Inc Equity 91680M107 323,400 5,000 SH SOLE 5,000 0 0
SPDR S&P 500 ETF Trust Exchange Traded Fund 78462F103 306,454 496 SH SOLE 496 0 0
Unilever PLC Depository Receipt 904767704 305,850 5,000 SH SOLE 5,000 0 0
Palantir Technologies Inc Equity 69608A108 301,540 2,212 SH SOLE 2,212 0 0
MP Materials Corp Equity 553368101 299,430 9,000 SH SOLE 9,000 0 0
Invesco Quality Municipal Inco Exchange Traded Fund 46133G107 223,713 23,850 SH SOLE 23,850 0 0
United States Oil Fund LP Exchange Traded Fund 91232N207 219,330 3,000 SH SOLE 3,000 0 0
iShares MBS ETF Exchange Traded Fund 464288588 208,717 2,223 SH SOLE 2,223 0 0
CVS Health Corp Equity 126650100 203,422 2,949 SH SOLE 2,949 0 0
iShares 7-10 Year Treasury Bon Exchange Traded Fund 464287440 202,554 2,115 SH SOLE 2,115 0 0
BlackRock Municipal Income Tru Exchange Traded Fund 09249N101 154,245 15,363 SH SOLE 15,363 0 0
BlackRock MuniYield Fund Inc Exchange Traded Fund 09253W104 151,945 15,134 SH SOLE 15,134 0 0