ADFI Holdings List

No.	Symbol	Name	% Weight	Shares
1	MBB	iShares MBS ETF	26.50%	166,727
2	n/a	iShares iBoxx $ Invmt Grade Corp Bd ETF	14.91%	81,917
3	GOVT	iShares U.S. Treasury Bond ETF	11.70%	305,220
4	n/a	Us Dollars	10.58%	6,227,781
5	JAAA	Janus Henderson AAA CLO ETF	8.67%	100,894
6	HYG	iShares iBoxx $ High Yield Corporate Bond ETF	8.32%	61,483
7	n/a	2 Year Treasury Note Future Sept 26	4.55%	13
8	n/a	US Treasury Bond Future Sept 26	4.32%	23
9	n/a	5 Year Treasury Note Future Sept 26	3.07%	17
10	B.0 11.12.26	United States Treasury Bills 0%	2.52%	1,500,000
11	n/a	10 Year Treasury Note Future Sept 26	1.85%	10
12	AEP.V3.875 02.15.62	American Electric Power Co, Inc. 3.875%	0.50%	300,000
13	BCSF.5.95 03.15.30	Bain Capital Specialty Finance Inc 5.95%	0.50%	300,000
14	SUMIAL.V6 PERP D	Sumisho Air Lease Corp. 6%	0.41%	250,000
15	AER.V0 12.21.65 144A	ILFC E-Capital Trust I 6.48%	0.40%	275,000
16	n/a	Future on US Dollar Index	0.34%	198,765
17	NSANY.5.55 09.13.29 144A	Nissan Motor Acceptance Co LLC 5.55%	0.33%	200,000
18	n/a	Us Dollar Broker	0.29%	171,502
19	RRR.4.625 12.01.31 144A	Station Casinos LLC 4.625%	0.24%	150,000

As of Jul 20, 2026