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
ABRDN ASIA PACIFIC INCOME FU COM NEW 003009867 4,191,258 263,270 SH SOLE 263,270 0 0
AFFIRM HLDGS INC COM CL A 00827B106 244,825 3,541 SH SOLE 3,541 0 0
ALLIANCEBERNSTEIN NATL MUN I COM 01864U106 1,752,448 169,976 SH SOLE 169,976 0 0
ALLSPRING MULTI SECTOR INCOM COM 94987D101 1,901,661 201,234 SH SOLE 201,234 0 0
ANGEL OAK FUNDS TRUST INCOME ETF 03463K760 2,296,433 110,405 SH SOLE 110,405 0 0
AST US EQ WGT QLTY KINGS ETF ETP 02072L433 159,304 4,946 SH SOLE 4,946 0 0
BLACKROCK CORE BD TR SHS BEN INT 09249E101 537,594 55,308 SH SOLE 55,308 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 4,414,859 452,806 SH SOLE 452,806 0 0
BLACKROCK CR ALLOCATION COM 092508100 4,588,431 420,186 SH SOLE 420,186 0 0
BLACKROCK MULTI SECTOR INC T COM 09258A107 2,366,207 162,069 SH SOLE 162,069 0 0
BLACKROCK MUNIHLDNGS CALI COM 09254L107 1,299,555 125,561 SH SOLE 125,561 0 0
BLACKROCK MUNIHOLDINGS FD IN COM 09253N104 6,138,176 548,051 SH SOLE 548,051 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254E103 4,038,749 385,009 SH SOLE 385,009 0 0
BLACKROCK MUNIYILD QULT FD I COM 09254F100 4,457,605 401,225 SH SOLE 401,225 0 0
BLACKROCK TAX MUNICPAL BD TR SHS 09248X100 908,991 56,424 SH SOLE 56,424 0 0
BRANDYWINEGBL GBL INCM OPP F COM 10537L104 1,489,368 179,226 SH SOLE 179,226 0 0
BROADCOM INC COM 11135F101 448,413 1,627 SH SOLE 1,627 0 0
BROOKFIELD REAL ASSETS INCOM SHS BEN INT 112830104 3,713,197 277,726 SH SOLE 277,726 0 0
COHEN & STEERS LTD DURATION COM 19248C105 3,053,786 145,557 SH SOLE 145,557 0 0
COHEN & STEERS TAX ADVAN PFD COM 19249X108 542,381 27,393 SH SOLE 27,393 0 0
CREDIT SUISSE HIGH YIELD CRE SH BEN INT 22544F103 2,226,698 1,045,398 SH SOLE 1,045,398 0 0
DOUBLELINE ETF TRUST COMMERCIAL REAL 25861R303 270,396 5,197 SH SOLE 5,197 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 2,032,244 166,033 SH SOLE 166,033 0 0
DOUBLELINE YIELD OPPORTUNITI COM 25862D105 3,551,121 227,782 SH SOLE 227,782 0 0
EATON VANCE MUN BD FD COM 27827X101 3,791,211 392,059 SH SOLE 392,059 0 0
FIRST TR EXCH TRADED FD III EME MRK BD ETF 33739P202 711,488 24,636 SH SOLE 24,636 0 0
FIRST TR INTER DURATN PFD & COM 33718W103 2,509,967 133,367 SH SOLE 133,367 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 14,530,749 26,341 SH SOLE 26,341 0 0
ISHARES TR BROAD USD HIGH 46435U853 254,265 6,779 SH SOLE 6,779 0 0
KKR INCOME OPPORTUNITIES FD COM 48249T106 2,497,719 198,863 SH SOLE 198,863 0 0
MICROSOFT CORP COM 594918104 234,218 471 SH SOLE 471 0 0
MORGAN STANLEY EMERGING MKTS COM 617477104 5,366,513 1,048,147 SH SOLE 1,048,147 0 0
MORGAN STANLEY EMKT DBT FD I COM 61744H105 2,417,596 312,755 SH SOLE 312,755 0 0
NEUBERGER MUN FD INC COM 64124P101 3,898,745 396,617 SH SOLE 396,617 0 0
NUVEEN CA DIVI ADV MUN COM 67066Y105 741,011 66,339 SH SOLE 66,339 0 0
NUVEEN CALIF AMT FREE MUNI I COM 670651108 693,120 58,889 SH SOLE 58,889 0 0
NYLI MACKAY DEFINEDTERM MUNI COM 56064K100 574,059 38,814 SH SOLE 38,814 0 0
PIMCO CALIF MUN INCOME FD COM 72200N106 478,378 55,690 SH SOLE 55,690 0 0
PIMCO DYNAMIC INCOME STRATEG COM SHS BEN INT 69346N107 2,433,399 98,718 SH SOLE 98,718 0 0
PIMCO MUN INCOME FD II COM 72200W106 1,728,743 232,046 SH SOLE 232,046 0 0
TCW STRATEGIC INCOME FD INC COM 872340104 1,500,800 307,541 SH SOLE 307,541 0 0
TEMPLETON EMERGING MKTS INCO COM 880192109 3,630,048 605,008 SH SOLE 605,008 0 0
VANECK ETF TRUST EMERGING MRKT HI 92189F353 486,711 24,557 SH SOLE 24,557 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 7,813,286 32,970 SH SOLE 32,970 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 28,082,835 49,439 SH SOLE 49,439 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 7,854,693 158,809 SH SOLE 158,809 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 19,296,061 338,468 SH SOLE 338,468 0 0
VANGUARD WORLD FD EXTENDED DUR 921910709 1,271,566 18,894 SH SOLE 18,894 0 0
WESTERN ASSET EMERGING MKTS COM 95766A101 3,125,671 311,012 SH SOLE 311,012 0 0
WESTERN ASSET HIGH INCOME OP COM 95766K109 3,596,539 903,653 SH SOLE 903,653 0 0
WESTERN ASSET MANAGED MUNS F COM 95766M105 2,706,425 273,376 SH SOLE 273,376 0 0