Laffer Investments 13F-HR/A Quarterly holdings report by institutional manager (amended)

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
Alibaba Group Holdings	AMERICAN DEPOSITARY RECEIPT	01609w102	76,434	260	SH		SOLE	0	260	0	0
Alstom SA Unspon ADR	AMERICAN DEPOSITARY RECEIPT	021244207	58,187	11,755	SH		SOLE	0	11,755	0	0
Ashtead Group PLC ADR	AMERICAN DEPOSITARY RECEIPT	045055100	64,991	448	SH		SOLE	0	448	0	0
B&M European Value	AMERICAN DEPOSITARY RECEIPT	05590y100	86,690	3,389	SH		SOLE	0	3,389	0	0
Calbee Inc ADR	AMERICAN DEPOSITARY RECEIPT	12825n107	44,503	5,501	SH		SOLE	0	5,501	0	0
Capgemini	AMERICAN DEPOSITARY RECEIPT	13961r100	76,701	2,988	SH		SOLE	0	2,988	0	0
Compass Group	AMERICAN DEPOSITARY RECEIPT	20449x401	48,393	3,207	SH		SOLE	0	3,207	0	0
Daikin Inds Ltd ADR	AMERICAN DEPOSITARY RECEIPT	23381B106	73,765	4,009	SH		SOLE	0	4,009	0	0
FAST Retailing Co	AMERICAN DEPOSITARY RECEIPT	31188h101	62,953	1,005	SH		SOLE	0	1,005	0	0
Genmab	AMERICAN DEPOSITARY RECEIPT	372303206	109,939	3,003	SH		SOLE	0	3,003	0	0
Kerry Group	AMERICAN DEPOSITARY RECEIPT	492460100	30,275	237	SH		SOLE	0	237	0	0
Kion Group	AMERICAN DEPOSITARY RECEIPT	497216101	77,965	3,628	SH		SOLE	0	3,628	0	0
Kose Corp ADR	AMERICAN DEPOSITARY RECEIPT	500679105	37,018	1,503	SH		SOLE	0	1,503	0	0
Lonza Group	AMERICAN DEPOSITARY RECEIPT	54338v101	121,563	1,968	SH		SOLE	0	1,968	0	0
Murata Manufacturers	AMERICAN DEPOSITARY RECEIPT	626425102	79,523	4,921	SH		SOLE	0	4,921	0	0
NESTLE S A SPNSD ADR REPSTING REG SHS	AMERICAN DEPOSITARY RECEIPT	641069406	83,955	704	SH		SOLE	0	704	0	0
Nidec Corp	AMERICAN DEPOSITARY RECEIPT	654090109	98,949	4,225	SH		SOLE	0	4,225	0	0
Reckitt Bencksier - ADR	AMERICAN DEPOSITARY RECEIPT	756255204	54,587	2,778	SH		SOLE	0	2,778	0	0
SAP AG SPON ADR	AMERICAN DEPOSITARY RECEIPT	803054204	69,647	447	SH		SOLE	0	447	0	0
Temenos	AMERICAN DEPOSITARY RECEIPT	87974r208	28,010	208	SH		SOLE	0	208	0	0
Tencent Holdings Ltd - ADR	AMERICAN DEPOSITARY RECEIPT	88032Q109	60,479	894	SH		SOLE	0	894	0	0
Treasury Wine Estates	AMERICAN DEPOSITARY RECEIPT	89465j109	47,576	7,382	SH		SOLE	0	7,382	0	0
YUM CHINA HOLDINGS INC	AMERICAN DEPOSITARY RECEIPT	98850p109	50,514	954	SH		SOLE	0	954	0	0
3M CO COM	COMMON STOCKS	88579Y101	1,057,668	6,603	SH		SOLE	0	6,603	0	0
ABBOTT LABS COM	COMMON STOCKS	002824100	226,366	2,080	SH		SOLE	0	2,080	0	0
ABBVIE INC COM	COMMON STOCKS	00287Y109	1,721,055	19,649	SH		SOLE	0	19,649	0	0
ADIDAS AG SPONS ADR	COMMON STOCKS	00687A107	12,561	77	SH		SOLE	0	77	0	0
AIA GROUP LTD SPON ADR	COMMON STOCKS	001317205	48,895	1,227	SH		SOLE	0	1,227	0	0
Alphabet Inc Class A	COMMON STOCKS	02079k305	542,272	370	SH		SOLE	0	370	0	0
Alphabet Inc Class C	COMMON STOCKS	02079K107	461,454	314	SH		SOLE	0	314	0	0
Amazon Com Inc	COMMON STOCKS	023135106	894,239	284	SH		SOLE	0	284	0	0
American Express Co	COMMON STOCKS	025816109	457,741	4,566	SH		SOLE	0	4,566	0	0
AMGEN INC COM	COMMON STOCKS	031162100	2,543,508	10,007	SH		SOLE	0	10,007	0	0
APPLE INC COM	COMMON STOCKS	037833100	4,815,843	41,584	SH		SOLE	0	41,584	0	0
Archer Daniels Midland Co	COMMON STOCKS	039483102	81,682	1,757	SH		SOLE	0	1,757	0	0
Ares Capital Corp	COMMON STOCKS	04010l103	312,675	22,414	SH		SOLE	0	22,414	0	0
ASML Holding NV-NY Reg Shs	COMMON STOCKS	N07059210	76,808	208	SH		SOLE	0	208	0	0
AT&T INC COM	COMMON STOCKS	00206R102	935,726	32,821	SH		SOLE	0	32,821	0	0
Bank of New York Mellon Corp	COMMON STOCKS	064058100	55,630	1,620	SH		SOLE	0	1,620	0	0
Baxter Intl Inc	COMMON STOCKS	071813109	132,853	1,652	SH		SOLE	0	1,652	0	0
BCE Inc	COMMON STOCKS	05534b760	337,565	8,140	SH		SOLE	0	8,140	0	0
Becton Dickinson and Company	COMMON STOCKS	075887109	93,072	400	SH		SOLE	0	400	0	0
Berkshire Hathaway Inc Cl B	COMMON STOCKS	084670702	427,796	2,009	SH		SOLE	0	2,009	0	0
BLACKROCK INC COM	COMMON STOCKS	09247X101	1,206,656	2,141	SH		SOLE	0	2,141	0	0
BOEING CO COM	COMMON STOCKS	097023105	265,903	1,609	SH		SOLE	0	1,609	0	0
Brighthouse Financial	COMMON STOCKS	10922n103	3,148	117	SH		SOLE	0	117	0	0
Bristol Myers Squibb	COMMON STOCKS	110122108	56,069	930	SH		SOLE	0	930	0	0
BROADCOM INC COM	COMMON STOCKS	11135F101	1,955,669	5,368	SH		SOLE	0	5,368	0	0
BUNGE LIMITED COM	COMMON STOCKS	G16962105	64,848	1,419	SH		SOLE	0	1,419	0	0
California Resources Corp	COMMON STOCKS	13057Q206	0	11	SH		SOLE	0	11	0	0
Capital One Finl Corp	COMMON STOCKS	14040H105	64,099	892	SH		SOLE	0	892	0	0
Carrier Global Corporation	COMMON STOCKS	14448c104	20,461	670	SH		SOLE	0	670	0	0
Caterpillar Inc	COMMON STOCKS	149123101	129,014	865	SH		SOLE	0	865	0	0
Chemours Co	COMMON STOCKS	163851108	836	40	SH		SOLE	0	40	0	0
CHEVRON CORP NEW COM	COMMON STOCKS	166764100	978,719	13,593	SH		SOLE	0	13,593	0	0
Chipotle Mexican Grill Inc.	COMMON STOCKS	169656105	282,322	227	SH		SOLE	0	227	0	0
CISCO SYS INC COM	COMMON STOCKS	17275R102	2,243,299	56,951	SH		SOLE	0	56,951	0	0
COCA COLA CO COM	COMMON STOCKS	191216100	1,379,743	27,947	SH		SOLE	0	27,947	0	0
COLGATE-PALMOLIVE COMPANY	COMMON STOCKS	194162103	269,639	3,495	SH		SOLE	0	3,495	0	0
Comcast Corp Cl A	COMMON STOCKS	20030N101	1,013,186	21,902	SH		SOLE	0	21,902	0	0
CONOCOPHILLIPS COM	COMMON STOCKS	20825C104	91,525	2,787	SH		SOLE	0	2,787	0	0
Corteva Inc	COMMON STOCKS	22052l104	56,726	1,969	SH		SOLE	0	1,969	0	0
Costco Whsl Corp	COMMON STOCKS	22160K105	239,980	676	SH		SOLE	0	676	0	0
Crown Castle Intl Corp	COMMON STOCKS	22822V101	100,899	606	SH		SOLE	0	606	0	0
csus33740f805	COMMON STOCKS	33740f805	11,006	200	SH		SOLE	0	200	0	0
csus46138e784	COMMON STOCKS	46138e784	5,424	200	SH		SOLE	0	200	0	0
csus52468l406	COMMON STOCKS	52468l406	8,886	300	SH		SOLE	0	300	0	0
csus72201r718	COMMON STOCKS	72201r718	51,090	500	SH		SOLE	0	500	0	0
CVS Corp	COMMON STOCKS	126650100	83,687	1,433	SH		SOLE	0	1,433	0	0
D.R. Horton Inc	COMMON STOCKS	23331A109	1,075,836	14,225	SH		SOLE	0	14,225	0	0
Dow Chem Co	COMMON STOCKS	260557103	92,641	1,969	SH		SOLE	0	1,969	0	0
DU PONT E.I.DE NEMOURS & COMPANY	COMMON STOCKS	26614n102	109,240	1,969	SH		SOLE	0	1,969	0	0
Duke Energy Corp	COMMON STOCKS	26441C204	52,781	596	SH		SOLE	0	596	0	0
Eaton Corp	COMMON STOCKS	G29183103	381,898	3,743	SH		SOLE	0	3,743	0	0
Ecolab Inc	COMMON STOCKS	278865100	94,124	471	SH		SOLE	0	471	0	0
Eli Lilly & Co	COMMON STOCKS	532457108	22,203	150	SH		SOLE	0	150	0	0
EMERSON ELECTRIC COMPANY	COMMON STOCKS	291011104	168,449	2,569	SH		SOLE	0	2,569	0	0
Enbridge Inc	COMMON STOCKS	29250N105	311,505	10,668	SH		SOLE	0	10,668	0	0
Equinix Inc	COMMON STOCKS	29444u700	168,784	222	SH		SOLE	0	222	0	0
Eurofins Scientific	COMMON STOCKS	F3322K104	62,560	79	SH		SOLE	0	79	0	0
Exxon Mobil Corp	COMMON STOCKS	30231G102	109,444	3,188	SH		SOLE	0	3,188	0	0
FACEBOOK INC CL A	COMMON STOCKS	30303M102	905,912	3,459	SH		SOLE	0	3,459	0	0
Fastenal Co.	COMMON STOCKS	311900104	688,118	15,261	SH		SOLE	0	15,261	0	0
FEDEX CORP COM	COMMON STOCKS	31428X106	784,993	3,121	SH		SOLE	0	3,121	0	0
Fidelity National Finl-A	COMMON STOCKS	31620r303	71,386	2,280	SH		SOLE	0	2,280	0	0
Fifth Third Bancorp	COMMON STOCKS	316773100	70,889	3,325	SH		SOLE	0	3,325	0	0
GENERAL ELECTRIC COMPANY	COMMON STOCKS	369604103	23,611	3,790	SH		SOLE	0	3,790	0	0
General Mills Inc	COMMON STOCKS	370334104	299,086	4,849	SH		SOLE	0	4,849	0	0
GOLDMAN SACHS GROUP INC COM	COMMON STOCKS	38141G104	1,628,148	8,101	SH		SOLE	0	8,101	0	0
Heartland Financial USA	COMMON STOCKS	42234q102	453,374	15,115	SH		SOLE	0	15,115	0	0
HOME DEPOT INC COM	COMMON STOCKS	437076102	2,756,271	9,925	SH		SOLE	0	9,925	0	0
Honeywell Intl Inc	COMMON STOCKS	438516106	530,867	3,225	SH		SOLE	0	3,225	0	0
Illinois Tool Works Inc	COMMON STOCKS	452308109	447,087	2,314	SH		SOLE	0	2,314	0	0
INTEL CORP COM	COMMON STOCKS	458140100	1,470,759	28,404	SH		SOLE	0	28,404	0	0
INTERNATIONAL BUSINESS MACHS COM	COMMON STOCKS	459200101	462,467	3,801	SH		SOLE	0	3,801	0	0
Intuitive Surgical Inc	COMMON STOCKS	46120E602	146,165	206	SH		SOLE	0	206	0	0
iShares Broad USD High Yield Corp Bond ETF	COMMON STOCKS	46435u853	7,894	200	SH		SOLE	0	200	0	0
JOHNSON & JOHNSON COM	COMMON STOCKS	478160104	3,012,581	20,234	SH		SOLE	0	20,234	0	0
JPMORGAN CHASE & CO COM	COMMON STOCKS	46625H100	1,990,189	20,673	SH		SOLE	0	20,673	0	0
Kellogg Co	COMMON STOCKS	487836108	55,870	865	SH		SOLE	0	865	0	0
Keyence Corp	COMMON STOCKS	J32491102	85,409	184	SH		SOLE	0	184	0	0
KINDER MORGAN INC DE	COMMON STOCKS	49456B101	200,177	16,235	SH		SOLE	0	16,235	0	0
Kontoor Brands	COMMON STOCKS	50050n103	4,017	166	SH		SOLE	0	166	0	0
Lam Research Corp	COMMON STOCKS	512807108	1,042,358	3,142	SH		SOLE	0	3,142	0	0
Lockheed Martin Corp	COMMON STOCKS	539830109	93,520	244	SH		SOLE	0	244	0	0
Lowe's Cos Inc	COMMON STOCKS	548661107	402,708	2,428	SH		SOLE	0	2,428	0	0
LVMH MOET HENNESSY LOUISVUITTON ADR	COMMON STOCKS	502441306	60,589	643	SH		SOLE	0	643	0	0
Magellan Midstream	COMMON STOCKS	559080106	37,517	1,097	SH		SOLE	0	1,097	0	0
Mccormick & Co Inc	COMMON STOCKS	579780206	159,938	824	SH		SOLE	0	824	0	0
MCDONALDS CORP COM	COMMON STOCKS	580135101	1,959,606	8,928	SH		SOLE	0	8,928	0	0
MEDTRONIC PLC SHS	COMMON STOCKS	G5960L103	1,462,674	14,075	SH		SOLE	0	14,075	0	0
Merck & Co Inc	COMMON STOCKS	58933Y105	82,950	1,000	SH		SOLE	0	1,000	0	0
Metlife Inc	COMMON STOCKS	59156R108	129,351	3,480	SH		SOLE	0	3,480	0	0
MICROSOFT CORP COM	COMMON STOCKS	594918104	3,414,548	16,234	SH		SOLE	0	16,234	0	0
Mondelez International Inc - A	COMMON STOCKS	609207105	185,965	3,237	SH		SOLE	0	3,237	0	0
MORGAN STANLEY COM NEW	COMMON STOCKS	617446448	426,688	8,825	SH		SOLE	0	8,825	0	0
NEXTERA ENERGY INC COM	COMMON STOCKS	65339F101	240,366	866	SH		SOLE	0	866	0	0
Nike Inc	COMMON STOCKS	654106103	38,666	308	SH		SOLE	0	308	0	0
Nvidia Corp	COMMON STOCKS	67066G104	195,921	362	SH		SOLE	0	362	0	0
Occidental Pete Corp	COMMON STOCKS	674599105	14,744	1,473	SH		SOLE	0	1,473	0	0
Oracle Systems Corp	COMMON STOCKS	68389X105	31,044	520	SH		SOLE	0	520	0	0
Otis Worldwide Corporation	COMMON STOCKS	68902v107	20,910	335	SH		SOLE	0	335	0	0
PALO ALTO NETWORKS INC COM	COMMON STOCKS	697435105	590,581	2,413	SH		SOLE	0	2,413	0	0
PEPSICO INC	COMMON STOCKS	713448108	843,894	6,088	SH		SOLE	0	6,088	0	0
PFIZER INC COM	COMMON STOCKS	717081103	199,134	5,426	SH		SOLE	0	5,426	0	0
Philip Morris Intl Inc	COMMON STOCKS	718172109	362,576	4,835	SH		SOLE	0	4,835	0	0
Pinnacle West Cap Co	COMMON STOCKS	723484101	335,102	4,495	SH		SOLE	0	4,495	0	0
PRICE T ROWE GROUP INC COM	COMMON STOCKS	74144T108	822,274	6,413	SH		SOLE	0	6,413	0	0
Principal Financial	COMMON STOCKS	74251V102	56,055	1,392	SH		SOLE	0	1,392	0	0
PROCTER AND GAMBLE CO COM	COMMON STOCKS	742718109	1,171,407	8,428	SH		SOLE	0	8,428	0	0
Progressive Corp	COMMON STOCKS	743315103	144,655	1,528	SH		SOLE	0	1,528	0	0
Qualcomm Inc	COMMON STOCKS	747525103	469,660	3,991	SH		SOLE	0	3,991	0	0
Raytheon Technologies Corporation	COMMON STOCKS	75513e101	868,451	15,093	SH		SOLE	0	15,093	0	0
Recruit Holdings Co	COMMON STOCKS	j6433a101	51,567	1,308	SH		SOLE	0	1,308	0	0
S&P Global Inc.	COMMON STOCKS	78409V104	166,597	462	SH		SOLE	0	462	0	0
Salesforce.com Inc	COMMON STOCKS	79466L302	581,051	2,312	SH		SOLE	0	2,312	0	0
Schwab Charles Corp	COMMON STOCKS	808513105	143,543	3,962	SH		SOLE	0	3,962	0	0
ServiceNow Inc.	COMMON STOCKS	81762P102	197,395	407	SH		SOLE	0	407	0	0
Splunk Inc	COMMON STOCKS	848637104	276,739	1,471	SH		SOLE	0	1,471	0	0
Square Inc.	COMMON STOCKS	852234103	192,134	1,182	SH		SOLE	0	1,182	0	0
STARBUCKS CORP COM	COMMON STOCKS	855244109	2,659,052	30,948	SH		SOLE	0	30,948	0	0
Target Corp	COMMON STOCKS	87612E106	1,232,283	7,828	SH		SOLE	0	7,828	0	0
TEXAS INSTRS INC COM	COMMON STOCKS	882508104	2,390,019	16,738	SH		SOLE	0	16,738	0	0
Travelers Companies	COMMON STOCKS	89417E109	131,667	1,217	SH		SOLE	0	1,217	0	0
Tyson Foods Inc	COMMON STOCKS	902494103	290,262	4,880	SH		SOLE	0	4,880	0	0
Ulta Beauty	COMMON STOCKS	90384s303	143,123	639	SH		SOLE	0	639	0	0
UNITED PARCEL SERVICE INC CL B	COMMON STOCKS	911312106	2,310,158	13,864	SH		SOLE	0	13,864	0	0
Unitedhealth Group Inc	COMMON STOCKS	91324P102	152,767	490	SH		SOLE	0	490	0	0
VERIZON COMMUNICATIONS INC COM	COMMON STOCKS	92343V104	216,603	3,641	SH		SOLE	0	3,641	0	0
VF Corp	COMMON STOCKS	918204108	82,333	1,172	SH		SOLE	0	1,172	0	0
Wabtec Corp	COMMON STOCKS	929740108	1,237	20	SH		SOLE	0	20	0	0
Walgreens Boots Alliance	COMMON STOCKS	931427108	69,864	1,945	SH		SOLE	0	1,945	0	0
WALMART INC COM	COMMON STOCKS	931142103	2,297,686	16,422	SH		SOLE	0	16,422	0	0
Walt Disney Co	COMMON STOCKS	254687106	666,185	5,369	SH		SOLE	0	5,369	0	0
Wells Fargo & Co New	COMMON STOCKS	949746101	44,739	1,903	SH		SOLE	0	1,903	0	0
Wisconsin Energy Corp	COMMON STOCKS	92939u106	137,985	1,424	SH		SOLE	0	1,424	0	0
Akamai Technologies	CONVERTIBLE BOND	00971TAL5	2,108,722	1,825	SH		SOLE	0	1,825	0	0
Ares Capital Corp	CONVERTIBLE BOND	04010LAW3	2,943,066	2,818	SH		SOLE	0	2,818	0	0
Blackrock TCP Cap	CONVERTIBLE BOND	87238QAD5	2,949,525	2,920	SH		SOLE	0	2,920	0	0
Booking Holdings Inc	CONVERTIBLE BOND	741503AX4	3,054,022	2,860	SH		SOLE	0	2,860	0	0
CSG Systems International	CONVERTIBLE BOND	126349AF6	2,277,037	2,178	SH		SOLE	0	2,178	0	0
Deutsche Bank AG London/VOYA	CONVERTIBLE BOND	25155MKM2	3,152,974	3,177	SH		SOLE	0	3,177	0	0
Fortive Corporation	CONVERTIBLE BOND	34959JAK4	2,510,553	2,494	SH		SOLE	0	2,494	0	0
FTI Consulting Inc	CONVERTIBLE BOND	302941AP4	1,927,972	1,560	SH		SOLE	0	1,560	0	0
HANNON ARMSTRONG	CONVERTIBLE BOND	41068XAB6	3,870,854	2,422	SH		SOLE	0	2,422	0	0
Hercules Capital Inc	CONVERTIBLE BOND	427096AF9	2,501,908	2,428	SH		SOLE	0	2,428	0	0
Illumina Inc	CONVERTIBLE BOND	452327AK5	2,039,937	1,917	SH		SOLE	0	1,917	0	0
New Mountain Finance	CONVERTIBLE BOND	647551AC4	2,573,133	2,522	SH		SOLE	0	2,522	0	0
ON Semiconductor Corp	CONVERTIBLE BOND	682189AP0	2,348,989	1,755	SH		SOLE	0	1,755	0	0
Palo Alto Networks	CONVERTIBLE BOND	697435ad7	1,688,580	1,493	SH		SOLE	0	1,493	0	0
Sixth Street Specialty Lending Inc	CONVERTIBLE BOND	87265KAD4	2,970,407	2,841	SH		SOLE	0	2,841	0	0
Southwest Airlines Co	CONVERTIBLE BOND	844741BG2	3,133,815	2,381	SH		SOLE	0	2,381	0	0
Synaptics Inc	CONVERTIBLE BOND	87157DAD1	2,134,466	1,715	SH		SOLE	0	1,715	0	0
Vereit Inc	CONVERTIBLE BOND	02917TAB0	2,996,991	2,916	SH		SOLE	0	2,916	0	0
Western Digital Corp	CONVERTIBLE BOND	958102AP0	3,274,482	3,406	SH		SOLE	0	3,406	0	0
American Electric Power	CONVERTIBLE PREFERRED STOCK	025537127	779,072	16,000	SH		SOLE	0	16,000	0	0
AMG Capital Trust II	CONVERTIBLE PREFERRED STOCK	00170F209	1,525,312	33,346	SH		SOLE	0	33,346	0	0
Assurant Inc	CONVERTIBLE PREFERRED STOCK	04621X207	2,659,925	22,549	SH		SOLE	0	22,549	0	0
Becton Dickinson and Company	CONVERTIBLE PREFERRED STOCK	075887406	3,085,189	59,211	SH		SOLE	0	59,211	0	0
Boston Scientific Corp	CONVERTIBLE PREFERRED STOCK	101137206	2,336,700	20,947	SH		SOLE	0	20,947	0	0
Broadcom Inc	CONVERTIBLE PREFERRED STOCK	11135F200	3,956,086	3,151	SH		SOLE	0	3,151	0	0
Bunge Ltd. Perpetual Conv Pfd	CONVERTIBLE PREFERRED STOCK	G16962204	1,734,364	17,907	SH		SOLE	0	17,907	0	0
Centerpoint Energy Inc	CONVERTIBLE PREFERRED STOCK	15189T503	2,299,761	62,751	SH		SOLE	0	62,751	0	0
Danaher Corp	CONVERTIBLE PREFERRED STOCK	235851300	5,346,038	3,614	SH		SOLE	0	3,614	0	0
Dominion Energy	CONVERTIBLE PREFERRED STOCK	25746U133	4,343,979	42,568	SH		SOLE	0	42,568	0	0
DTE Energy Co	CONVERTIBLE PREFERRED STOCK	233331842	2,311,352	50,903	SH		SOLE	0	50,903	0	0
Energizer Holdings Inc	CONVERTIBLE PREFERRED STOCK	29272W208	266,333	3,154	SH		SOLE	0	3,154	0	0
Fortive Corporation	CONVERTIBLE PREFERRED STOCK	34959J207	2,608,705	2,766	SH		SOLE	0	2,766	0	0
International Flavor & Fragrances	CONVERTIBLE PREFERRED STOCK	459506309	2,125,809	47,650	SH		SOLE	0	47,650	0	0
KKR & CO Inc	CONVERTIBLE PREFERRED STOCK	48251W401	2,136,688	41,005	SH		SOLE	0	41,005	0	0
Sempra Energy	CONVERTIBLE PREFERRED STOCK	816851406	2,623,707	26,493	SH		SOLE	0	26,493	0	0
South Jersey Industries	CONVERTIBLE PREFERRED STOCK	838518116	1,129,208	33,836	SH		SOLE	0	33,836	0	0
Southern Co	CONVERTIBLE PREFERRED STOCK	842587602	1,642,780	35,433	SH		SOLE	0	35,433	0	0
Stanley Black & Decker	CONVERTIBLE PREFERRED STOCK	854502846	2,933,185	28,952	SH		SOLE	0	28,952	0	0
Wells Fargo & Company PFD	CONVERTIBLE PREFERRED STOCK	949746804	3,127,525	2,322	SH		SOLE	0	2,322	0	0
FRANKLIN FTSE JAPAN ETF	EXCHANGE TRADED FUND	35473P744	215,169	8,222	SH		SOLE	0	8,222	0	0
Franklin FTSE United Kingdon ETF	EXCHANGE TRADED FUND	35473P678	193,481	10,051	SH		SOLE	0	10,051	0	0
Harvest CSI 300 China A-Shares ETF	EXCHANGE TRADED FUND	233051879	233,084	6,760	SH		SOLE	0	6,760	0	0
Innovator S&P Inv Grade Preferred ETF	EXCHANGE TRADED FUND	45783G201	1,866,334	76,994	SH		SOLE	0	76,994	0	0
Invesco Bulletshares 2020 High Yield Corp Bond E	EXCHANGE TRADED FUND	46138j601	83,465	3,573	SH		SOLE	0	3,573	0	0
Invesco Bulletshares 2021 Corp Bond ETF	EXCHANGE TRADED FUND	46138j700	317,710	14,902	SH		SOLE	0	14,902	0	0
Invesco Bulletshares 2021 High Yield Corp Bond E	EXCHANGE TRADED FUND	46138j809	79,831	3,480	SH		SOLE	0	3,480	0	0
Invesco BulletShares 2022 Corp Bond ETF	EXCHANGE TRADED FUND	46138j882	325,088	14,885	SH		SOLE	0	14,885	0	0
Invesco BulletShares 2023 Corp Bond ETF	EXCHANGE TRADED FUND	46138j866	330,314	15,159	SH		SOLE	0	15,159	0	0
Invesco BulletShares 2024 Corp Bond ETF	EXCHANGE TRADED FUND	46138j841	147,718	6,660	SH		SOLE	0	6,660	0	0
Invesco BulletShares 2025 Corp Bond ETF	EXCHANGE TRADED FUND	46138j825	150,862	6,750	SH		SOLE	0	6,750	0	0
Invesco QQQ NASDAQ 100	EXCHANGE TRADED FUND	46090e103	212,825	766	SH		SOLE	0	766	0	0
Invesco Senior Loan ETF	EXCHANGE TRADED FUND	46138G508	496,954	22,859	SH		SOLE	0	22,859	0	0
Invesco Ultra Short Duration ETF	EXCHANGE TRADED FUND	46090A887	71,788	1,421	SH		SOLE	0	1,421	0	0
iShares 0-5 Year Investment Grade Corporate Bond	EXCHANGE TRADED FUND	46434V100	2,970,058	56,985	SH		SOLE	0	56,985	0	0
iShares 1-3 Year Credit Bond	EXCHANGE TRADED FUND	464288646	2,408,791	43,868	SH		SOLE	0	43,868	0	0
iShares 10-20 Year Treasury Bond ETF	EXCHANGE TRADED FUND	464288653	5,993	36	SH		SOLE	0	36	0	0
iShares Convertible Bond ETF	EXCHANGE TRADED FUND	46435G102	515,185	6,380	SH		SOLE	0	6,380	0	0
iShares Floating Rate Bond ETF	EXCHANGE TRADED FUND	46429B655	2,660,162	52,448	SH		SOLE	0	52,448	0	0
iShares iBoxx Investment Grade	EXCHANGE TRADED FUND	464287242	763,670	5,669	SH		SOLE	0	5,669	0	0
iShares Interest Rate Hedged Long-Term Corporate	EXCHANGE TRADED FUND	46431W812	189,283	8,150	SH		SOLE	0	8,150	0	0
iShares Lehman 20 plus Tr	EXCHANGE TRADED FUND	464287432	6,367	39	SH		SOLE	0	39	0	0
iShares MBS ETF	EXCHANGE TRADED FUND	464288588	1,007,841	9,129	SH		SOLE	0	9,129	0	0
iShares MSCI Canada ETF	EXCHANGE TRADED FUND	464286509	209,001	7,625	SH		SOLE	0	7,625	0	0
ISHARES MSCI FRANCE ETF	EXCHANGE TRADED FUND	464286707	202,453	7,246	SH		SOLE	0	7,246	0	0
iShares MSCI Germany Index	EXCHANGE TRADED FUND	464286806	213,348	7,324	SH		SOLE	0	7,324	0	0
ISHARES MSCI TAIWAN CAPPED ETF	EXCHANGE TRADED FUND	46434g772	216,013	4,811	SH		SOLE	0	4,811	0	0
iShares S&P 500 Growth Index Fund	EXCHANGE TRADED FUND	464287309	618,139	2,675	SH		SOLE	0	2,675	0	0
iShares S&P 500 Value	EXCHANGE TRADED FUND	464287408	486,458	4,326	SH		SOLE	0	4,326	0	0
iShares Short Maturity Bond ETF	EXCHANGE TRADED FUND	46431W507	1,157,390	23,097	SH		SOLE	0	23,097	0	0
PIMCO Investment Grade Corp Bond ETF	EXCHANGE TRADED FUND	72201r817	22,588	197	SH		SOLE	0	197	0	0
Schwab Strategic U.S. TIPS ETF	EXCHANGE TRADED FUND	808524870	7,703	125	SH		SOLE	0	125	0	0
SPDR S&P 500 ETF	EXCHANGE TRADED FUND	78462f103	212,320	634	SH		SOLE	0	634	0	0
Sprott Physical Gold Trust	EXCHANGE TRADED FUND	85207h104	36,722	2,440	SH		SOLE	0	2,440	0	0
VANECK VECTORS ETF TR JP MORGAN MKTS	EXCHANGE TRADED FUND	92189H300	8,110	263	SH		SOLE	0	263	0	0
VanEck Vectors Investment Grade Floating Rate Bo	EXCHANGE TRADED FUND	92189F486	181,638	7,205	SH		SOLE	0	7,205	0	0
Vanguard Intermediate-Term Treasury ETF	EXCHANGE TRADED FUND	92206c706	31,645	449	SH		SOLE	0	449	0	0
Vanguard Intermediate - Term Corporate Bond ETF	EXCHANGE TRADED FUND	92206C870	5,748	60	SH		SOLE	0	60	0	0
Vanguard Mortgage-Backed Securities Index Fund E	EXCHANGE TRADED FUND	92206c771	10,854	200	SH		SOLE	0	200	0	0
Vanguard Short-Term Corporate Bond ETF	EXCHANGE TRADED FUND	92206C409	181,690	2,193	SH		SOLE	0	2,193	0	0
Vanguard Short Term Bond ETF	EXCHANGE TRADED FUND	921937827	8,305	100	SH		SOLE	0	100	0	0
Vanguard Total Bond Market ETF	EXCHANGE TRADED FUND	921937835	36,081	409	SH		SOLE	0	409	0	0
AB Concentrated International Growth	MUTUAL FUND	01878t475	15,306	1,176	SH		SOLE	0	1,176	0	0
Calamos Growth Fund	MUTUAL FUND	128119302	5,351	148	SH		SOLE	0	148	0	0
Gateway Fund	MUTUAL FUND	367829207	2,722	78	SH		SOLE	0	78	0	0
mfus03463k406	MUTUAL FUND	03463k406	20	2	SH		SOLE	0	2	0	0
mfus670690155	MUTUAL FUND	670690155	286,732	13,576	SH		SOLE	0	13,576	0	0
mfus94975p405	MUTUAL FUND	94975p405	20,202	20,202	SH		SOLE	0	20,202	0	0
mfus94988a759	MUTUAL FUND	94988a759	85,500	85,500	SH		SOLE	0	85,500	0	0
Schwab Fundamental US Large Co Index Fund	MUTUAL FUND	808509442	183,865	11,116	SH		SOLE	0	11,116	0	0
Seafarer Overseas Growth & Income Fund	MUTUAL FUND	317609295	31,352	2,528	SH		SOLE	0	2,528	0	0
Stone Ridge Alternative Lending Risk Premium Fun	MUTUAL FUND	86172r101	15,374	309	SH		SOLE	0	309	0	0
Stone Ridge High Yield Reinsurance Risk Premium	MUTUAL FUND	861728400	22,086	2,387	SH		SOLE	0	2,387	0	0
T Rowe Price Global Multi-Sector Bond Fund	MUTUAL FUND	87282m107	790,895	68,004	SH		SOLE	0	68,004	0	0
TW Rowe Price Blue Chip	MUTUAL FUND	77954Q106	303,792	1,961	SH		SOLE	0	1,961	0	0
VanEck International Investors Gold Fund	MUTUAL FUND	921075420	50,822	2,574	SH		SOLE	0	2,574	0	0
Versus Capital MultiMgr Real Estate Fd	MUTUAL FUND	92532p207	1,623	60	SH		SOLE	0	60	0	0
Victory Incore Low Duration Bond Fund	MUTUAL FUND	92647k366	494,421	48,663	SH		SOLE	0	48,663	0	0
WCM Focused International Growth Fund	MUTUAL FUND	461418444	68,152	3,171	SH		SOLE	0	3,171	0	0
WESTERN ASSET CORE PLUS BOND C	MUTUAL FUND	957663503	53,757	4,324	SH		SOLE	0	4,324	0	0
Brunswick Corp	PREFERRED STOCK	117043406	294,294	10,725	SH		SOLE	0	10,725	0	0
Chsin 6.75 Perp 24 Pref Series 3	PREFERRED STOCK	12542r704	78,750	3,000	SH		SOLE	0	3,000	0	0
Citigroup Inc	PREFERRED STOCK	172967358	274,859	9,778	SH		SOLE	0	9,778	0	0
Citizens Financial Group	PREFERRED STOCK	174610204	295,274	10,679	SH		SOLE	0	10,679	0	0
CoBank ACB	PREFERRED STOCK	19075q870	62,428	615	SH		SOLE	0	615	0	0
Digital Realty Trust	PREFERRED STOCK	253868848	285,839	11,032	SH		SOLE	0	11,032	0	0
Du Pont E I De N Pfd	PREFERRED STOCK	263534307	103,500	1,000	SH		SOLE	0	1,000	0	0
Goldman Sachs Group Inc	PREFERRED STOCK	38144G804	59,438	2,572	SH		SOLE	0	2,572	0	0
Morgan Stanley PFD Perpetual	PREFERRED STOCK	61763E207	277,364	10,216	SH		SOLE	0	10,216	0	0
Nustar Logistics LP	PREFERRED STOCK	67059T204	213,755	11,168	SH		SOLE	0	11,168	0	0
PUBLIC STORAGE 5.60 DEPSHS RP H	PREFERRED STOCK	74460w644	279,377	9,907	SH		SOLE	0	9,907	0	0
Wells Fargo & Co	PREFERRED STOCK	949746556	108,670	4,170	SH		SOLE	0	4,170	0	0
Wesco International Inc	PREFERRED STOCK	95082P303	274,624	9,808	SH		SOLE	0	9,808	0	0
wtus674599162	WARRANTS	674599162	552	184	SH		SOLE	0	184	0	0