PROFESSIONAL FINANCIAL MANAGEMENT, INC.

PrivateCIK: 2130270

Location

APPLETON, WI

Positions

$98.23M

Total AUM (reported)

3.14M

Total Shares

Allocation by class

LONG TERM TREAS$17.49M17.8%

JUNIOR GOLD MINE$9.83M10.0%

ULTRA SHRT TRM$8.22M8.4%

TAIL RISK$7.78M7.9%

EXTENDED DUR$6.87M7.0%

INTER TERM TREAS$6.83M6.9%

10-20 YR TRS ETF$4.89M5.0%

Portfolio Concentration

Top 3$35.54M36.2%

4–10$39.47M40.2%

11–25$23.22M23.6%

Top 3 weight

36.2%

Top 10 weight

76.4%

Voting Authority Distribution

Total shares with voting rights: 3.14M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

3.14M

% of voting shares100.0%

Investment Discretion (by position count)

Sole22

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings22

Rows:

VANGUARD SCOTTSDALE FDS

SOLE

LONG TERM TREAS

Shares348.87K

TypeSH

Market value$17.49M

17.81%

Sole

0.00

Shared

0.00

None

348.87K

VANECK ETF TRUST

SOLE

JUNIOR GOLD MINE

Shares86.30K

TypeSH

Market value$9.83M

10.01%

Sole

0.00

Shared

0.00

None

86.30K

T ROWE PRICE EXCHANGE-TRADED

SOLE

ULTRA SHRT TRM

Shares165.75K

TypeSH

Market value$8.22M

8.36%

Sole

0.00

Shared

0.00

None

165.75K

CAMBRIA ETF TR

SOLE

TAIL RISK

Shares795.55K

TypeSH

Market value$7.78M

7.92%

Sole

0.00

Shared

0.00

None

795.55K

VANGUARD WORLD FD

SOLE

EXTENDED DUR

Shares123.81K

TypeSH

Market value$6.87M

6.99%

Sole

0.00

Shared

0.00

None

123.81K

VANGUARD SCOTTSDALE FDS

SOLE

INTER TERM TREAS

Shares120.48K

TypeSH

Market value$6.83M

6.95%

Sole

0.00

Shared

0.00

None

120.48K

ISHARES TR

SOLE

10-20 YR TRS ETF

Shares53.07K

TypeSH

Market value$4.89M

4.98%

Sole

0.00

Shared

0.00

None

53.07K

CAMBRIA ETF TR

SOLE

EMRG SHAREHLDR

Shares98.35K

TypeSH

Market value$4.68M

4.77%

Sole

0.00

Shared

0.00

None

98.35K

MORGAN STANLEY ETF TRUST

SOLE

EATO VAN MU ETF

Shares89.37K

TypeSH

Market value$4.49M

4.57%

Sole

0.00

Shared

0.00

None

89.37K

SIMPLIFY EXCHANGE TRADED FUN

SOLE

SHORT TERM TREA

Shares206.44K

TypeSH

Market value$3.93M

4.00%

Sole

0.00

Shared

0.00

None

206.44K

SCHWAB STRATEGIC TR

SOLE

LONG TERM US

Shares115.38K

TypeSH

Market value$3.28M

3.34%

Sole

0.00

Shared

0.00

None

115.38K

INVESCO EXCH TRADED FD TR II

SOLE

RAFI EMRGNG MRKT

Shares107.96K

TypeSH

Market value$3.14M

3.20%

Sole

0.00

Shared

0.00

None

107.96K

KRANESHARES TRUST

SOLE

QUADRTC INT RT

Shares177.88K

TypeSH

Market value$2.98M

3.03%

Sole

0.00

Shared

0.00

None

177.88K

J P MORGAN EXCHANGE TRADED F

SOLE

ULTRA SHT MUNCPL

Shares58.23K

TypeSH

Market value$2.94M

3.00%

Sole

0.00

Shared

0.00

None

58.23K

ISHARES TR

SOLE

0-3 MTH TREASURY

Shares26.75K

TypeSH

Market value$2.69M

2.74%

Sole

0.00

Shared

0.00

None

26.75K

SPDR SERIES TRUST

SOLE

ST LON TREAS ETF

Shares101.64K

TypeSH

Market value$2.42M

2.47%

Sole

0.00

Shared

0.00

None

101.64K

RIVERNORTH FLEXIBLE MUNI INC

SOLE

COM

Shares159.41K

TypeSH

Market value$1.87M

1.90%

Sole

0.00

Shared

0.00

None

159.41K

SCHWAB STRATEGIC TR

SOLE

FUND EM EQUI ETF

Shares28.95K

TypeSH

Market value$1.21M

1.23%

Sole

0.00

Shared

0.00

None

28.95K

PIMCO MUN INCOME FD II

SOLE

COM

Shares123.24K

TypeSH

Market value$809.7K

0.82%

Sole

0.00

Shared

0.00

None

123.24K

BLACKROCK MUNIASSETS FD INC

SOLE

COM

Shares84.14K

TypeSH

Market value$803.5K

0.82%

Sole

0.00

Shared

0.00

None

84.14K

RIVERNORTH FLEXIBLE MUN INCO

SOLE

COM

Shares56.24K

TypeSH

Market value$722.7K

0.74%

Sole

0.00

Shared

0.00

None

56.24K

SCHWAB STRATEGIC TR

SOLE

INT-TRM U.S TRES

Shares14.59K

TypeSH

Market value$345.8K

0.35%

Sole

0.00

Shared

0.00

None

14.59K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD SCOTTSDALE FDSSOLE	LONG TERM TREAS	348.87K	SH	$17.49M 17.81%	348.87K
VANECK ETF TRUSTSOLE	JUNIOR GOLD MINE	86.30K	SH	$9.83M 10.01%	86.30K
T ROWE PRICE EXCHANGE-TRADEDSOLE	ULTRA SHRT TRM	165.75K	SH	$8.22M 8.36%	165.75K
CAMBRIA ETF TRSOLE	TAIL RISK	795.55K	SH	$7.78M 7.92%	795.55K
VANGUARD WORLD FDSOLE	EXTENDED DUR	123.81K	SH	$6.87M 6.99%	123.81K
VANGUARD SCOTTSDALE FDSSOLE	INTER TERM TREAS	120.48K	SH	$6.83M 6.95%	120.48K
ISHARES TRSOLE	10-20 YR TRS ETF	53.07K	SH	$4.89M 4.98%	53.07K
CAMBRIA ETF TRSOLE	EMRG SHAREHLDR	98.35K	SH	$4.68M 4.77%	98.35K
MORGAN STANLEY ETF TRUSTSOLE	EATO VAN MU ETF	89.37K	SH	$4.49M 4.57%	89.37K
SIMPLIFY EXCHANGE TRADED FUNSOLE	SHORT TERM TREA	206.44K	SH	$3.93M 4.00%	206.44K
SCHWAB STRATEGIC TRSOLE	LONG TERM US	115.38K	SH	$3.28M 3.34%	115.38K
INVESCO EXCH TRADED FD TR IISOLE	RAFI EMRGNG MRKT	107.96K	SH	$3.14M 3.20%	107.96K
KRANESHARES TRUSTSOLE	QUADRTC INT RT	177.88K	SH	$2.98M 3.03%	177.88K
J P MORGAN EXCHANGE TRADED FSOLE	ULTRA SHT MUNCPL	58.23K	SH	$2.94M 3.00%	58.23K
ISHARES TRSOLE	0-3 MTH TREASURY	26.75K	SH	$2.69M 2.74%	26.75K
SPDR SERIES TRUSTSOLE	ST LON TREAS ETF	101.64K	SH	$2.42M 2.47%	101.64K
RIVERNORTH FLEXIBLE MUNI INCSOLE	COM	159.41K	SH	$1.87M 1.90%	159.41K
SCHWAB STRATEGIC TRSOLE	FUND EM EQUI ETF	28.95K	SH	$1.21M 1.23%	28.95K
PIMCO MUN INCOME FD IISOLE	COM	123.24K	SH	$809.7K 0.82%	123.24K
BLACKROCK MUNIASSETS FD INCSOLE	COM	84.14K	SH	$803.5K 0.82%	84.14K
RIVERNORTH FLEXIBLE MUN INCOSOLE	COM	56.24K	SH	$722.7K 0.74%	56.24K
SCHWAB STRATEGIC TRSOLE	INT-TRM U.S TRES	14.59K	SH	$345.8K 0.35%	14.59K