# EDGAR Filing Document

**Accession Number:** 0001929070
**File Stem:** 0001172661-26-001484
**Filing Date:** 2026-4
**Character Count:** 14757
**Document Hash:** 0a02b2f0523342487939d35f0e73238f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-26-001484.hdr.sgml**: 20260414

**ACCESSION NUMBER**: 0001172661-26-001484

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260414

**DATE AS OF CHANGE**: 20260414

**EFFECTIVENESS DATE**: 20260414

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Joule Financial, LLC
- **CENTRAL INDEX KEY:** 0001929070

**ORGANIZATION NAME:**
- **EIN:** 881272260
- **STATE OF INCORPORATION:** KY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22569
- **FILM NUMBER:** 26860768

**BUSINESS ADDRESS:**
- **STREET 1:** 998 GOVERNORS LANE SUITE 325
- **CITY:** LEXINGTON
- **STATE:** KY
- **ZIP:** 40513
- **BUSINESS PHONE:** 8598810777

**MAIL ADDRESS:**
- **STREET 1:** 998 GOVERNORS LANE SUITE 325
- **CITY:** LEXINGTON
- **STATE:** KY
- **ZIP:** 40513

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Joule Financial LLC<br>**Address:** 998 Governors Lane Suite 325<br>Lexington, KY 40513

**Form 13F File Number:** 028-22569

**CRD Number (if applicable):** 000320791

**SEC File Number (if applicable):** 801-125024

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Daniel Czulno<br>**Title:** Managing Director<br>**Phone:** 859-881-0777

**Signature, Place, and Date of Signing:**

/s/ Daniel Czulno  Lexington, KY  04-14-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 114

**Form 13F Information Table Value Total:** $343316962

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 370946 | 1705 | SH |  | SOLE |  | 1705 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 314580 | 2867 | SH |  | SOLE |  | 2867 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 998411 | 7958 | SH |  | SOLE |  | 7958 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 3497881 | 12164 | SH |  | SOLE |  | 12164 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 276246 | 963 | SH |  | SOLE |  | 963 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 640014 | 3073 | SH |  | SOLE |  | 3073 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 364186 | 1204 | SH |  | SOLE |  | 1204 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 2047779 | 8068 | SH |  | SOLE |  | 8068 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 314966 | 4333 | SH |  | SOLE |  | 4333 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 1679768 | 15076 | SH |  | SOLE |  | 15076 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 662759 | 10856 | SH |  | SOLE |  | 10856 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 476325 | 994 | SH |  | SOLE |  | 994 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 203883 | 212 | SH |  | SOLE |  | 212 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 1726414 | 12742 | SH |  | SOLE |  | 12742 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 1120312 | 10315 | SH |  | SOLE |  | 10315 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 864321 | 1220 | SH |  | SOLE |  | 1220 | 0 | 0 |
| CHEVRON CORPORATION | COM | 166764100 |  | 758980 | 3668 | SH |  | SOLE |  | 3668 | 0 | 0 |
| CIENA CORP | COM NEW | 171779309 |  | 1718306 | 4426 | SH |  | SOLE |  | 4426 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 1977910 | 25491 | SH |  | SOLE |  | 25491 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 422320 | 5514 | SH |  | SOLE |  | 5514 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 519772 | 3822 | SH |  | SOLE |  | 3822 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 287182 | 6995 | SH |  | SOLE |  | 6995 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 1086262 | 2019 | SH |  | SOLE |  | 2019 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 793690 | 1409 | SH |  | SOLE |  | 1409 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 231136 | 1765 | SH |  | SOLE |  | 1765 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 334064 | 934 | SH |  | SOLE |  | 934 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 285129 | 310 | SH |  | SOLE |  | 310 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 507047 | 3870 | SH |  | SOLE |  | 3870 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1133498 | 6681 | SH |  | SOLE |  | 6681 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 341040 | 7350 | SH |  | SOLE |  | 7350 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 311468 | 6704 | SH |  | SOLE |  | 6704 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 757281 | 3839 | SH |  | SOLE |  | 3839 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 337582 | 1455 | SH |  | SOLE |  | 1455 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 241970 | 705 | SH |  | SOLE |  | 705 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 214436 | 652 | SH |  | SOLE |  | 652 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 622438 | 2567 | SH |  | SOLE |  | 2567 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | PFD ETF | 46138E511 |  | 135798 | 12481 | SH |  | SOLE |  | 12481 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 42058707 | 219147 | SH |  | SOLE |  | 219147 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 29122640 | 267204 | SH |  | SOLE |  | 267204 | 0 | 0 |
| ISHARES TR | U S EQUITY FACTR | 46434V282 |  | 282950 | 4287 | SH |  | SOLE |  | 4287 | 0 | 0 |
| ISHARES TR | CORE UNIVRSL USD | 46434V613 |  | 1120573 | 24260 | SH |  | SOLE |  | 24260 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 6024868 | 69499 | SH |  | SOLE |  | 69499 | 0 | 0 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 1636280 | 16002 | SH |  | SOLE |  | 16002 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 31332635 | 328296 | SH |  | SOLE |  | 328296 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 209137 | 320 | SH |  | SOLE |  | 320 | 0 | 0 |
| ISHARES TR | MBS ETF | 464288588 |  | 397772 | 4189 | SH |  | SOLE |  | 4189 | 0 | 0 |
| ISHARES TR | USD INV GRDE ETF | 464288620 |  | 341372 | 6663 | SH |  | SOLE |  | 6663 | 0 | 0 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 1630458 | 20368 | SH |  | SOLE |  | 20368 | 0 | 0 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 246004 | 1586 | SH |  | SOLE |  | 1586 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 663166 | 2713 | SH |  | SOLE |  | 2713 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 984840 | 3347 | SH |  | SOLE |  | 3347 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 846443 | 11697 | SH |  | SOLE |  | 11697 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 306962 | 507 | SH |  | SOLE |  | 507 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 273376 | 1157 | SH |  | SOLE |  | 1157 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 266849 | 858 | SH |  | SOLE |  | 858 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 708364 | 8175 | SH |  | SOLE |  | 8175 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 519172 | 4316 | SH |  | SOLE |  | 4316 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 233697 | 408 | SH |  | SOLE |  | 408 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 290871 | 4113 | SH |  | SOLE |  | 4113 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 783948 | 2117 | SH |  | SOLE |  | 2117 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 292120 | 5068 | SH |  | SOLE |  | 5068 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 379356 | 2175 | SH |  | SOLE |  | 2175 | 0 | 0 |
| OKLO INC | COM CL A | 02156V109 |  | 384967 | 7763 | SH |  | SOLE |  | 7763 | 0 | 0 |
| PAYSIGN INC | COM | 70451A104 |  | 3623633 | 614175 | SH |  | SOLE |  | 614175 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 488853 | 3148 | SH |  | SOLE |  | 3148 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 1020224 | 36332 | SH |  | SOLE |  | 36332 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 235138 | 2608 | SH |  | SOLE |  | 2608 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 787598 | 5452 | SH |  | SOLE |  | 5452 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 501209 | 5130 | SH |  | SOLE |  | 5130 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 619579 | 3211 | SH |  | SOLE |  | 3211 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 524444 | 1233 | SH |  | SOLE |  | 1233 | 0 | 0 |
| SCHWAB STRATEGIC TR | 5 10YR CORP BD | 808524698 |  | 574371 | 25325 | SH |  | SOLE |  | 25325 | 0 | 0 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 5179585 | 157195 | SH |  | SOLE |  | 157195 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 514010 | 20768 | SH |  | SOLE |  | 20768 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 24890103 | 811281 | SH |  | SOLE |  | 811281 | 0 | 0 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 4457991 | 177609 | SH |  | SOLE |  | 177609 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 610610 | 20020 | SH |  | SOLE |  | 20020 | 0 | 0 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 711786 | 22990 | SH |  | SOLE |  | 22990 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 944281 | 36828 | SH |  | SOLE |  | 36828 | 0 | 0 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 348300 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 23168074 | 796701 | SH |  | SOLE |  | 796701 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTERNL DIVID | 808524672 |  | 315334 | 9960 | SH |  | SOLE |  | 9960 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 2337392 | 38155 | SH |  | SOLE |  | 38155 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 497248 | 1369 | SH |  | SOLE |  | 1369 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 1149852 | 7624 | SH |  | SOLE |  | 7624 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 426848 | 992 | SH |  | SOLE |  | 992 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A409 |  | 1322293 | 13505 | SH |  | SOLE |  | 13505 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 290401 | 446 | SH |  | SOLE |  | 446 | 0 | 0 |
| STOCK YDS BANCORP INC | COM | 861025104 |  | 309270 | 4643 | SH |  | SOLE |  | 4643 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 233189 | 1924 | SH |  | SOLE |  | 1924 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 1565439 | 4211 | SH |  | SOLE |  | 4211 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 434866 | 2239 | SH |  | SOLE |  | 2239 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 373877 | 1541 | SH |  | SOLE |  | 1541 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 67571718 | 917595 | SH |  | SOLE |  | 917595 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 296982 | 497 | SH |  | SOLE |  | 497 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 460720 | 1436 | SH |  | SOLE |  | 1436 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 545120 | 1898 | SH |  | SOLE |  | 1898 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 1868889 | 24885 | SH |  | SOLE |  | 24885 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 7883020 | 145846 | SH |  | SOLE |  | 145846 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 289471 | 1346 | SH |  | SOLE |  | 1346 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 221923 | 2878 | SH |  | SOLE |  | 2878 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 8650711 | 134998 | SH |  | SOLE |  | 134998 | 0 | 0 |
| VANGUARD WHITEHALL FDS | EM MK GOV BD ETF | 921946885 |  | 252512 | 3844 | SH |  | SOLE |  | 3844 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 207636 | 1402 | SH |  | SOLE |  | 1402 | 0 | 0 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 |  | 1435715 | 7245 | SH |  | SOLE |  | 7245 | 0 | 0 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 2924209 | 10737 | SH |  | SOLE |  | 10737 | 0 | 0 |
| VANGUARD WORLD FD | MATERIALS ETF | 92204A801 |  | 860528 | 3818 | SH |  | SOLE |  | 3818 | 0 | 0 |
| VANGUARD WORLD FD | COMM SRVC ETF | 92204A884 |  | 3238184 | 18005 | SH |  | SOLE |  | 18005 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 4722743 | 6768 | SH |  | SOLE |  | 6768 | 0 | 0 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 |  | 3542998 | 15775 | SH |  | SOLE |  | 15775 | 0 | 0 |
| VANGUARD WORLD FD | INDUSTRIAL ETF | 92204A603 |  | 3470385 | 11115 | SH |  | SOLE |  | 11115 | 0 | 0 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 |  | 3674824 | 30418 | SH |  | SOLE |  | 30418 | 0 | 0 |
| VANGUARD WORLD FD | CONSUM DIS ETF | 92204A108 |  | 2598868 | 7238 | SH |  | SOLE |  | 7238 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 230381 | 1853 | SH |  | SOLE |  | 1853 | 0 | 0 |

---