# EDGAR Filing Document

**Accession Number:** 0002024152
**File Stem:** 0002024152-25-000003
**Filing Date:** 2025-8
**Character Count:** 19387
**Document Hash:** b8b770f2b689b6756469e9acc958b2e6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002024152-25-000003.hdr.sgml**: 20250821

**ACCESSION NUMBER**: 0002024152-25-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250821

**DATE AS OF CHANGE**: 20250821

**EFFECTIVENESS DATE**: 20250821

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pathway Financial Advisers, LLC
- **CENTRAL INDEX KEY:** 0002024152

**ORGANIZATION NAME:**
- **EIN:** 300857313
- **STATE OF INCORPORATION:** IN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-24194
- **FILM NUMBER:** 251241721

**BUSINESS ADDRESS:**
- **STREET 1:** 4571 CO RD 35
- **CITY:** AUBURN
- **STATE:** IN
- **ZIP:** 46706
- **BUSINESS PHONE:** 2609252887

**MAIL ADDRESS:**
- **STREET 1:** 4571 CO RD 35
- **CITY:** AUBURN
- **STATE:** IN
- **ZIP:** 46706

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** Pathway Financial Advisers LLC<br>**Address:** 4571 CO RD 35<br>AUBURN, IN 46706

**Form 13F File Number:** 028-24194

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:** Timothy Monaco<br>**Title:** Compliance Consultant<br>**Phone:** 7202109510

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

Timothy Monaco  Westminster, CO  08-21-2025<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:** 163

**Form 13F Information Table Value Total:** $308930865

      (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 |
| VERA BRADLEY INC | COM | 92335C106 |  | 66092 | 29906 | SH |  | SOLE |  | 0 | 0 | 29906 |
| NUVEEN PFD  OPPORTUN | COM | 67073B106 |  | 95954 | 11964 | SH |  | SOLE |  | 0 | 0 | 11964 |
| INVESCO MUNI INCOME OPP TRST | COM | 46132X101 |  | 96563 | 16794 | SH |  | SOLE |  | 0 | 0 | 16794 |
| RIGETTI COMPUTING INC | COMMON STOCK | 76655K103 |  | 182220 | 15364 | SH |  | SOLE |  | 0 | 0 | 15364 |
| BLACKROCK MUNIYIELD QUALITY | COM | 09254E103 |  | 194034 | 18497 | SH |  | SOLE |  | 0 | 0 | 18497 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 204904 | 3541 | SH |  | SOLE |  | 0 | 0 | 3541 |
| ABBOTT LABS | COM | 002824100 |  | 208675 | 1534 | SH |  | SOLE |  | 0 | 0 | 1534 |
| BROOKFIELD INFRASTRUCTURE CO | COM SUB VTG A | 11276H106 |  | 213846 | 5141 | SH |  | SOLE |  | 0 | 0 | 5141 |
| FIDELITY COVINGTON TRUST | MSCI INFO TECH I | 316092808 |  | 218220 | 1106 | SH |  | SOLE |  | 0 | 0 | 1106 |
| FIRST MERCHANTS CORP | COM | 320817109 |  | 222428 | 5808 | SH |  | SOLE |  | 0 | 0 | 5808 |
| NUVEEN QUALITY MUNCP INCOME | COM | 67066V101 |  | 235549 | 20863 | SH |  | SOLE |  | 0 | 0 | 20863 |
| BLACKSTONE INC | COM | 09260D107 |  | 235756 | 1576 | SH |  | SOLE |  | 0 | 0 | 1576 |
| FIDELITY COVINGTON TRUST | MSCI RL EST ETF | 316092857 |  | 241317 | 8924 | SH |  | SOLE |  | 0 | 0 | 8924 |
| FIDELITY COVINGTON TRUST | CONSMR STAPLES | 316092303 |  | 248042 | 4849 | SH |  | SOLE |  | 0 | 0 | 4849 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 250542 | 1699 | SH |  | SOLE |  | 0 | 0 | 1699 |
| FIDELITY COVINGTON TRUST | MSCI UTILS INDEX | 316092865 |  | 257627 | 4898 | SH |  | SOLE |  | 0 | 0 | 4898 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 263415 | 677 | SH |  | SOLE |  | 0 | 0 | 677 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 270276 | 481 | SH |  | SOLE |  | 0 | 0 | 481 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 274092 | 277 | SH |  | SOLE |  | 0 | 0 | 277 |
| TESLA INC | COM | 88160R101 |  | 277395 | 873 | SH |  | SOLE |  | 0 | 0 | 873 |
| LOWES COS INC | COM | 548661107 |  | 280841 | 1266 | SH |  | SOLE |  | 0 | 0 | 1266 |
| FLAHERTY  TOTAL RE | COM | 338479108 |  | 285344 | 16785 | SH |  | SOLE |  | 0 | 0 | 16785 |
| AMER STATES WTR CO | COM | 029899101 |  | 289731 | 3779 | SH |  | SOLE |  | 0 | 0 | 3779 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 292411 | 959 | SH |  | SOLE |  | 0 | 0 | 959 |
| FIDELITY COVINGTON TRUST | MSCI INDL INDX | 316092709 |  | 296229 | 3821 | SH |  | SOLE |  | 0 | 0 | 3821 |
| YUM BRANDS INC | COM | 988498101 |  | 323041 | 2180 | SH |  | SOLE |  | 0 | 0 | 2180 |
| CSX CORP | COM | 126408103 |  | 332657 | 10195 | SH |  | SOLE |  | 0 | 0 | 10195 |
| GENERAL MLS INC | COM | 370334104 |  | 350069 | 6757 | SH |  | SOLE |  | 0 | 0 | 6757 |
| EQUINIX INC | COM | 29444U700 |  | 362233 | 455 | SH |  | SOLE |  | 0 | 0 | 455 |
| KENVUE INC | COM | 49177J102 |  | 383460 | 18321 | SH |  | SOLE |  | 0 | 0 | 18321 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 386955 | 7895 | SH |  | SOLE |  | 0 | 0 | 7895 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 395360 | 1561 | SH |  | SOLE |  | 0 | 0 | 1561 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 436618 | 9432 | SH |  | SOLE |  | 0 | 0 | 9432 |
| ETF SER SOLUTIONS | DEFIANCE QUANTUM | 26922A420 |  | 465682 | 5072 | SH |  | SOLE |  | 0 | 0 | 5072 |
| VANECK ETF TRUST | PREFERRED SECURT | 92189F429 |  | 478243 | 27935 | SH |  | SOLE |  | 0 | 0 | 27935 |
| TIDAL TRUST I | SOFI SELECT 500 | 886364173 |  | 482351 | 4083 | SH |  | SOLE |  | 0 | 0 | 4083 |
| FIRST TR EXCHANGE TRADED FD | NASD TECH DIV | 33738R118 |  | 483185 | 5359 | SH |  | SOLE |  | 0 | 0 | 5359 |
| PROSHARES TR | S MDCP 400 DIV | 74347B680 |  | 487498 | 5979 | SH |  | SOLE |  | 0 | 0 | 5979 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 490007 | 2053 | SH |  | SOLE |  | 0 | 0 | 2053 |
| THE CIGNA GROUP | COM | 125523100 |  | 496141 | 1501 | SH |  | SOLE |  | 0 | 0 | 1501 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 498957 | 28496 | SH |  | SOLE |  | 0 | 0 | 28496 |
| NISOURCE INC | COM | 65473P105 |  | 519600 | 12881 | SH |  | SOLE |  | 0 | 0 | 12881 |
| NUVEEN MUN VALUE FD INC | COM | 670928100 |  | 539019 | 62028 | SH |  | SOLE |  | 0 | 0 | 62028 |
| LAKELAND FINL CORP | COM | 511656100 |  | 576155 | 9376 | SH |  | SOLE |  | 0 | 0 | 9376 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 582193 | 1055 | SH |  | SOLE |  | 0 | 0 | 1055 |
| DOUBLELINE YIELD OPPORTUNITI | COM | 25862D105 |  | 582980 | 37394 | SH |  | SOLE |  | 0 | 0 | 37394 |
| WELLS FARGO CO NEW | PERP PFD CNV A | 949746804 |  | 603503 | 514 | SH |  | SOLE |  | 0 | 0 | 514 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 604960 | 1492 | SH |  | SOLE |  | 0 | 0 | 1492 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 651566 | 1147 | SH |  | SOLE |  | 0 | 0 | 1147 |
| NNN REIT INC | COM | 637417106 |  | 656209 | 15197 | SH |  | SOLE |  | 0 | 0 | 15197 |
| SERVICENOW INC | COM | 81762P102 |  | 662237 | 644 | SH |  | SOLE |  | 0 | 0 | 644 |
| BANK AMERICA CORP | COM | 060505104 |  | 669059 | 14139 | SH |  | SOLE |  | 0 | 0 | 14139 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 673251 | 2253 | SH |  | SOLE |  | 0 | 0 | 2253 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 698304 | 2832 | SH |  | SOLE |  | 0 | 0 | 2832 |
| CVS HEALTH CORP | COM | 126650100 |  | 706126 | 10237 | SH |  | SOLE |  | 0 | 0 | 10237 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 719769 | 4863 | SH |  | SOLE |  | 0 | 0 | 4863 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 734302 | 6812 | SH |  | SOLE |  | 0 | 0 | 6812 |
| FIDELITY COVINGTON TRUST | MSCI HLTH CARE I | 316092600 |  | 752323 | 11764 | SH |  | SOLE |  | 0 | 0 | 11764 |
| STARBUCKS CORP | COM | 855244109 |  | 753561 | 8224 | SH |  | SOLE |  | 0 | 0 | 8224 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 777753 | 4384 | SH |  | SOLE |  | 0 | 0 | 4384 |
| XYLEM INC | COM | 98419M100 |  | 825170 | 6379 | SH |  | SOLE |  | 0 | 0 | 6379 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 851305 | 2638 | SH |  | SOLE |  | 0 | 0 | 2638 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 861681 | 47319 | SH |  | SOLE |  | 0 | 0 | 47319 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 928639 | 6992 | SH |  | SOLE |  | 0 | 0 | 6992 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 937289 | 4241 | SH |  | SOLE |  | 0 | 0 | 4241 |
| DEERE | COM | 244199105 |  | 962096 | 1892 | SH |  | SOLE |  | 0 | 0 | 1892 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 |  | 977142 | 13454 | SH |  | SOLE |  | 0 | 0 | 13454 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 1005729 | 3929 | SH |  | SOLE |  | 0 | 0 | 3929 |
| PFIZER INC | COM | 717081103 |  | 1008677 | 41612 | SH |  | SOLE |  | 0 | 0 | 41612 |
| PEOPLES BANCORP INC | COM | 709789101 |  | 1010764 | 33096 | SH |  | SOLE |  | 0 | 0 | 33096 |
| IRON MTN INC DEL | COM | 46284V101 |  | 1041367 | 10153 | SH |  | SOLE |  | 0 | 0 | 10153 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 |  | 1070550 | 31957 | SH |  | SOLE |  | 0 | 0 | 31957 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 1071856 | 3360 | SH |  | SOLE |  | 0 | 0 | 3360 |
| WESTERN ASSET HIGH INCOME OP | COM | 95766K109 |  | 1081678 | 271778 | SH |  | SOLE |  | 0 | 0 | 271778 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 1109043 | 11393 | SH |  | SOLE |  | 0 | 0 | 11393 |
| BLACKROCK INC | COM | 09290D101 |  | 1117775 | 1065 | SH |  | SOLE |  | 0 | 0 | 1065 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1129803 | 16275 | SH |  | SOLE |  | 0 | 0 | 16275 |
| ALLSTATE CORP | COM | 020002101 |  | 1132766 | 5627 | SH |  | SOLE |  | 0 | 0 | 5627 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1148291 | 10688 | SH |  | SOLE |  | 0 | 0 | 10688 |
| ROYAL BK CDA | COM | 780087102 |  | 1173669 | 8922 | SH |  | SOLE |  | 0 | 0 | 8922 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 1179043 | 15233 | SH |  | SOLE |  | 0 | 0 | 15233 |
| ESSENTIAL UTILS INC | COM | 29670G102 |  | 1195207 | 32181 | SH |  | SOLE |  | 0 | 0 | 32181 |
| CORNING INC | COM | 219350105 |  | 1205910 | 22930 | SH |  | SOLE |  | 0 | 0 | 22930 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 |  | 1231733 | 12232 | SH |  | SOLE |  | 0 | 0 | 12232 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1236281 | 27321 | SH |  | SOLE |  | 0 | 0 | 27321 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1260591 | 7153 | SH |  | SOLE |  | 0 | 0 | 7153 |
| GENUINE PARTS CO | COM | 372460105 |  | 1276236 | 10520 | SH |  | SOLE |  | 0 | 0 | 10520 |
| AGREE RLTY CORP | COM | 008492100 |  | 1299325 | 17784 | SH |  | SOLE |  | 0 | 0 | 17784 |
| ELI LILLY | COM | 532457108 |  | 1393116 | 1787 | SH |  | SOLE |  | 0 | 0 | 1787 |
| PHILLIPS 66 | COM | 718546104 |  | 1423657 | 11933 | SH |  | SOLE |  | 0 | 0 | 11933 |
| TEXAS INSTRS INC | COM | 882508104 |  | 1454808 | 7007 | SH |  | SOLE |  | 0 | 0 | 7007 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 1513336 | 5189 | SH |  | SOLE |  | 0 | 0 | 5189 |
| PROLOGIS INC. | COM | 74340W103 |  | 1529694 | 14552 | SH |  | SOLE |  | 0 | 0 | 14552 |
| KLA CORP | COM NEW | 482480100 |  | 1536834 | 1716 | SH |  | SOLE |  | 0 | 0 | 1716 |
| FIDELITY COVINGTON TRUST | MSCI CONSM DIS | 316092204 |  | 1537040 | 16339 | SH |  | SOLE |  | 0 | 0 | 16339 |
| UNION PAC CORP | COM | 907818108 |  | 1537088 | 6681 | SH |  | SOLE |  | 0 | 0 | 6681 |
| VISA INC | COM CL A | 92826C839 |  | 1649122 | 4645 | SH |  | SOLE |  | 0 | 0 | 4645 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1697441 | 3494 | SH |  | SOLE |  | 0 | 0 | 3494 |
| NUTRIEN LTD | COM | 67077M108 |  | 1697744 | 29151 | SH |  | SOLE |  | 0 | 0 | 29151 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 1751932 | 34012 | SH |  | SOLE |  | 0 | 0 | 34012 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 |  | 1766404 | 26582 | SH |  | SOLE |  | 0 | 0 | 26582 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 1831762 | 18147 | SH |  | SOLE |  | 0 | 0 | 18147 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 1893922 | 18176 | SH |  | SOLE |  | 0 | 0 | 18176 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 1910914 | 3822 | SH |  | SOLE |  | 0 | 0 | 3822 |
| MERCK  INC | COM | 58933Y105 |  | 1919696 | 24251 | SH |  | SOLE |  | 0 | 0 | 24251 |
| AMAZON COM INC | COM | 023135106 |  | 1922496 | 8763 | SH |  | SOLE |  | 0 | 0 | 8763 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 1970249 | 108673 | SH |  | SOLE |  | 0 | 0 | 108673 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1971130 | 3190 | SH |  | SOLE |  | 0 | 0 | 3190 |
| BLACKROCK CORPOR HI YLD FD I | COM | 09255P107 |  | 1982538 | 203337 | SH |  | SOLE |  | 0 | 0 | 203337 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 2010001 | 46755 | SH |  | SOLE |  | 0 | 0 | 46755 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 2075925 | 5669 | SH |  | SOLE |  | 0 | 0 | 5669 |
| HOME DEPOT INC | COM | 437076102 |  | 2080930 | 5676 | SH |  | SOLE |  | 0 | 0 | 5676 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 2128976 | 12212 | SH |  | SOLE |  | 0 | 0 | 12212 |
| METLIFE INC | COM | 59156R108 |  | 2143429 | 26653 | SH |  | SOLE |  | 0 | 0 | 26653 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 2242869 | 21616 | SH |  | SOLE |  | 0 | 0 | 21616 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2252766 | 7221 | SH |  | SOLE |  | 0 | 0 | 7221 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 2313646 | 37823 | SH |  | SOLE |  | 0 | 0 | 37823 |
| WESTLAKE CHEM PARTNERS LP | COM UNIT RP LP | 960417103 |  | 2339489 | 105907 | SH |  | SOLE |  | 0 | 0 | 105907 |
| WP CAREY INC | COM | 92936U109 |  | 2343791 | 37573 | SH |  | SOLE |  | 0 | 0 | 37573 |
| QUALCOMM INC | COM | 747525103 |  | 2349602 | 14753 | SH |  | SOLE |  | 0 | 0 | 14753 |
| CUMMINS INC | COM | 231021106 |  | 2408943 | 7356 | SH |  | SOLE |  | 0 | 0 | 7356 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2435396 | 15415 | SH |  | SOLE |  | 0 | 0 | 15415 |
| COCA COLA CO | COM | 191216100 |  | 2445318 | 34563 | SH |  | SOLE |  | 0 | 0 | 34563 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 2445683 | 33297 | SH |  | SOLE |  | 0 | 0 | 33297 |
| EMERSON ELEC CO | COM | 291011104 |  | 2657830 | 19934 | SH |  | SOLE |  | 0 | 0 | 19934 |
| FIDELITY COVINGTON TRUST | HIGH DIVID ETF | 316092840 |  | 2682582 | 51568 | SH |  | SOLE |  | 0 | 0 | 51568 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 2882279 | 4072 | SH |  | SOLE |  | 0 | 0 | 4072 |
| AIR PRODS  INC | COM | 009158106 |  | 2884593 | 10227 | SH |  | SOLE |  | 0 | 0 | 10227 |
| JOHNSON | COM | 478160104 |  | 2945506 | 19283 | SH |  | SOLE |  | 0 | 0 | 19283 |
| HANCOCK JOHN PREM DIVID FD | COM SH BEN INT | 41013T105 |  | 2978783 | 226179 | SH |  | SOLE |  | 0 | 0 | 226179 |
| EVERGY INC | COM | 30034W106 |  | 2995261 | 43454 | SH |  | SOLE |  | 0 | 0 | 43454 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 3307831 | 14456 | SH |  | SOLE |  | 0 | 0 | 14456 |
| VICI PPTYS INC | COM | 925652109 |  | 3323222 | 101939 | SH |  | SOLE |  | 0 | 0 | 101939 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 3361355 | 91715 | SH |  | SOLE |  | 0 | 0 | 91715 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 3449968 | 39577 | SH |  | SOLE |  | 0 | 0 | 39577 |
| MCDONALDS CORP | COM | 580135101 |  | 3535814 | 12102 | SH |  | SOLE |  | 0 | 0 | 12102 |
| WALMART INC | COM | 931142103 |  | 3725533 | 38101 | SH |  | SOLE |  | 0 | 0 | 38101 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 3860934 | 69856 | SH |  | SOLE |  | 0 | 0 | 69856 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 3865249 | 24261 | SH |  | SOLE |  | 0 | 0 | 24261 |
| RTX CORPORATION | COM | 75513E101 |  | 3972870 | 27208 | SH |  | SOLE |  | 0 | 0 | 27208 |
| CHEVRON CORP NEW | COM | 166764100 |  | 4000488 | 27938 | SH |  | SOLE |  | 0 | 0 | 27938 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 4034441 | 19712 | SH |  | SOLE |  | 0 | 0 | 19712 |
| AMGEN INC | COM | 031162100 |  | 4101772 | 14691 | SH |  | SOLE |  | 0 | 0 | 14691 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 4160716 | 157008 | SH |  | SOLE |  | 0 | 0 | 157008 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 4322177 | 99889 | SH |  | SOLE |  | 0 | 0 | 99889 |
| SOUTHERN CO | COM | 842587107 |  | 4356552 | 47441 | SH |  | SOLE |  | 0 | 0 | 47441 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 4880181 | 10537 | SH |  | SOLE |  | 0 | 0 | 10537 |
| ONEOK INC NEW | COM | 682680103 |  | 4885988 | 59855 | SH |  | SOLE |  | 0 | 0 | 59855 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 4917237 | 26999 | SH |  | SOLE |  | 0 | 0 | 26999 |
| APPLE INC | COM | 037833100 |  | 4950827 | 24130 | SH |  | SOLE |  | 0 | 0 | 24130 |
| PEPSICO INC | COM | 713448108 |  | 5007553 | 37925 | SH |  | SOLE |  | 0 | 0 | 37925 |
| MICROSOFT CORP | COM | 594918104 |  | 5087173 | 10227 | SH |  | SOLE |  | 0 | 0 | 10227 |
| ENBRIDGE INC | COM | 29250N105 |  | 5399615 | 119144 | SH |  | SOLE |  | 0 | 0 | 119144 |
| REALTY INCOME CORP | COM | 756109104 |  | 5443676 | 94492 | SH |  | SOLE |  | 0 | 0 | 94492 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 5777844 | 45136 | SH |  | SOLE |  | 0 | 0 | 45136 |
| EATON VANCE TAX-MANAGED DIVE | COM | 27828N102 |  | 5965220 | 385599 | SH |  | SOLE |  | 0 | 0 | 385599 |
| ABBVIE INC | COM | 00287Y109 |  | 6031541 | 32494 | SH |  | SOLE |  | 0 | 0 | 32494 |
| CISCO SYS INC | COM | 17275R102 |  | 6164721 | 88854 | SH |  | SOLE |  | 0 | 0 | 88854 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 6295703 | 21357 | SH |  | SOLE |  | 0 | 0 | 21357 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 6713293 | 56892 | SH |  | SOLE |  | 0 | 0 | 56892 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 8701218 | 280594 | SH |  | SOLE |  | 0 | 0 | 280594 |
| JPMORGAN CHASE | COM | 46625H100 |  | 9183728 | 31678 | SH |  | SOLE |  | 0 | 0 | 31678 |
| BROADCOM INC | COM | 11135F101 |  | 10865458 | 39418 | SH |  | SOLE |  | 0 | 0 | 39418 |

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