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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

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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 TR IBOXX HI YD ETF 464288513 2,399 30,000 SH SOLE 1 30,000 0 0
ISHARES TR ISHS 1-5YR INVS 464288646 24,600 469,378 SH SOLE 1 469,378 0 0
ISHARES TR 0-5YR HI YL CP 46434V407 64,940 1,531,250 SH SOLE 1 1,531,250 0 0
JANUS DETROIT STR TR HENDRSON AAA CL 47103U845 199,015 3,941,665 SH SOLE 1 3,941,665 0 0