13F HOLDINGS REPORT

BTS Asset Management, Inc.

Quarter ended Q4 2023 · Filed October 10, 2023 · Accession 0001580642-23-005470

Total Value

Positions

Other Managers

Confidential Omitted

Holdings (36)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	Xtrackers USD High Yield Corporate Bond ETF	233051432	1,743,883	$59.2M	38.30%
2	SPDR Bloomberg High Yield Bond ETF	78468R622	652,966	$59.0M	38.21%
3	SPDR Bloomberg Short Term High Yield Bond ETF	78468R408	510,714	$12.5M	8.09%
4	Vanguard Total Bond Market ETF	921937835	76,878	$5.4M	3.47%
5	iShares iBoxx High Yield Corporate Bond ETF	464288513	31,930	$2.4M	1.52%
6	Vanguard Dividend Appreciation Index Fund ETF	921908844	10,752	$1.7M	1.09%
7	Vanguard Intermediate-Term Corporate Bond ETF	92206C870	11,688	$888,095	0.57%
8	iShares National Muni Bond ETF	464288414	8,487	$870,257	0.56%
9	JPMorgan Nasdaq Equity Premium Income ETF	46654Q203	15,365	$721,052	0.47%
10	Janus Henderson AAA CLO ETF	47103U845	13,708	$689,942	0.45%
11	iShares Broad USD High Yield Corporate Bond ETF	46435U853	19,640	$681,763	0.44%
12	JPMorgan Equity Premium Income ETF	46641Q332	12,096	$647,862	0.42%
13	iShares US Treasury Bond ETF	46429B267	28,661	$631,684	0.41%
14	iShares MSCI Emerging Markets ETF	464287234	16,295	$617,928	0.40%
15	Alerian MLP ETF	00162Q452	13,913	$587,181	0.38%
16	Invesco Variable Rate Preferred ETF	IVZ	24,459	$547,139	0.35%
17	Vanguard Small Cap Value Index Fund ETF	922908611	3,416	$546,692	0.35%
18	iShares Treasury Floating Rate Bond ETF	46434V860	10,718	$543,831	0.35%
19	SPDR Blackstone Senior Loan ETF	78467V608	12,731	$533,811	0.35%
20	iShares 0-3 Month Treasury Bond ETF	46436E718	4,470	$449,995	0.29%
21	SPDR Bloomberg Convertible Securities ETF	78464A359	6,127	$415,429	0.27%
22	iShares Floating Rate Bond ETF	46429B655	8,050	$409,653	0.27%
23	SPDR Portfolio High Yield Bond ETF	78468R606	17,827	$399,706	0.26%
24	Invesco CEF Income Composite ETF	IVZ	23,250	$397,553	0.26%
25	iShares Agency Bond ETF	464288166	3,665	$387,800	0.25%
26	Vanguard Short-Term Treasury ETF	92206C102	6,704	$386,150	0.25%
27	ProShares S&P 500 Dividend Aristocrats ETF	74348A467	4,351	$385,281	0.25%
28	SPDR Nuveen Bloomberg High Yield Municipal Bond ETF	78464A284	16,076	$382,829	0.25%
29	iShares MBS ETF	464288588	4,210	$373,898	0.24%
30	Vanguard Financials Index Fund ETF	92204A405	4,559	$368,753	0.24%
31	iShares Mortgage Real Estate ETF	46435G342	12,392	$276,827	0.18%
32	VanEck International High Yield Bond ETF	92189F445	13,379	$261,836	0.17%
33	iShares JP Morgan USD Emerging Markets Bond ETF	464288281	3,121	$257,552	0.17%
34	ALPS Sector Dividend Dogs ETF	00162Q858	5,185	$243,851	0.16%
35	Vanguard Health Care Index Fund ETF	92204A504	1,023	$242,187	0.16%
36	iShares US Industrial ETF	464287754	2,358	$238,124	0.15%