# EDGAR Filing Document

**Accession Number:** 0001846177
**File Stem:** 0001725547-23-000032
**Filing Date:** 2023-2
**Character Count:** 17074
**Document Hash:** cf13d8db0d61bc8deb301591f597e8d9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001725547-23-000032.hdr.sgml**: 20230207

**ACCESSION NUMBER**: 0001725547-23-000032

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230207

**EFFECTIVENESS DATE**: 20230207

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WOODWARD DIVERSIFIED CAPITAL, LLC
- **CENTRAL INDEX KEY:** 0001846177
- **IRS NUMBER:** 843334227
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20911
- **FILM NUMBER:** 23594136

**BUSINESS ADDRESS:**
- **STREET 1:** 5401 BUSINESS PARK SOUTH
- **STREET 2:** #217
- **CITY:** BAKERSFIELD
- **STATE:** CA
- **ZIP:** 93309
- **BUSINESS PHONE:** 661-498-7500

**MAIL ADDRESS:**
- **STREET 1:** 5401 BUSINESS PARK SOUTH
- **STREET 2:** #217
- **CITY:** BAKERSFIELD
- **STATE:** CA
- **ZIP:** 93309

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** WOODWARD DIVERSIFIED CAPITAL LLC<br>**Address:** 5401 BUSINESS PARK SOUTH

#217<br>BAKERSFIELD, CA 93309

**Form 13F File Number:** 028-20911

**CRD Number (if applicable):** 000306299

**SEC File Number (if applicable):** 801-117741

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:** Tom Woodward<br>**Title:** Partner Chief Compliance Officer<br>**Phone:** 661-498-7500

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

Tom Woodward  Bakersfield, CA  02-07-2023<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:** 138

**Form 13F Information Table Value Total:** $124222005

      (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 |
| AT INC | COM | 00206R102 |  | 1450440 | 78785 | SH |  | SOLE |  | 0 | 0 | 78785 |
| ABBOTT LABS | COM | 002824100 |  | 552793 | 5035 | SH |  | SOLE |  | 0 | 0 | 5035 |
| ABBVIE INC | COM | 00287Y109 |  | 1266053 | 7834 | SH |  | SOLE |  | 0 | 0 | 7834 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 795453 | 9030 | SH |  | SOLE |  | 0 | 0 | 9030 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 777985 | 8768 | SH |  | SOLE |  | 0 | 0 | 8768 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 318246 | 3607 | SH |  | SOLE |  | 0 | 0 | 3607 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 861947 | 18857 | SH |  | SOLE |  | 0 | 0 | 18856 |
| AMAZON COM INC | COM | 023135106 |  | 1295028 | 15417 | SH |  | SOLE |  | 0 | 0 | 15417 |
| AMGEN INC | COM | 031162100 |  | 1586007 | 6039 | SH |  | SOLE |  | 0 | 0 | 6038 |
| APPLE INC | COM | 037833100 |  | 8605497 | 66232 | SH |  | SOLE |  | 0 | 0 | 66231 |
| BANK AMERICA CORP | COM | 060505104 |  | 1150943 | 34751 | SH |  | SOLE |  | 0 | 0 | 34750 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 289189 | 6353 | SH |  | SOLE |  | 0 | 0 | 6353 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 819821 | 2654 | SH |  | SOLE |  | 0 | 0 | 2654 |
| BILIBILI INC | SPONS ADS REP Z | 090040106 |  | 258600 | 10916 | SH |  | SOLE |  | 0 | 0 | 10916 |
| BLACKROCK MUN INCOME QUALITY | COM | 092479104 |  | 170250 | 15000 | SH |  | SOLE |  | 0 | 0 | 15000 |
| BLACKROCK INC | COM | 09247X101 |  | 606987 | 857 | SH |  | SOLE |  | 0 | 0 | 856 |
| BLACKROCK MUN INCOME TR | SH BEN INT | 09248F109 |  | 150900 | 15000 | SH |  | SOLE |  | 0 | 0 | 15000 |
| BLACKROCK MUNIHOLDINGS FD IN | COM | 09253N104 |  | 355447 | 29279 | SH |  | SOLE |  | 0 | 0 | 29279 |
| BLACKROCK MUNIHLDNGS CALI QL | COM | 09254L107 |  | 163055 | 15182 | SH |  | SOLE |  | 0 | 0 | 15182 |
| BOEING CO | COM | 097023105 |  | 450509 | 2365 | SH |  | SOLE |  | 0 | 0 | 2365 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 738495 | 10264 | SH |  | SOLE |  | 0 | 0 | 10264 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 233803 | 5848 | SH |  | SOLE |  | 0 | 0 | 5848 |
| BROADCOM INC | COM | 11135F101 |  | 391391 | 700 | SH |  | SOLE |  | 0 | 0 | 700 |
| CVS HEALTH CORP | COM | 126650100 |  | 522237 | 5604 | SH |  | SOLE |  | 0 | 0 | 5604 |
| CALIFORNIA RES CORP | COM STOCK | 13057Q305 |  | 296999 | 6826 | SH |  | SOLE |  | 0 | 0 | 6826 |
| CATERPILLAR INC | COM | 149123101 |  | 985008 | 4112 | SH |  | SOLE |  | 0 | 0 | 4111 |
| CELANESE CORP DEL | COM | 150870103 |  | 209285 | 2047 | SH |  | SOLE |  | 0 | 0 | 2047 |
| CHEVRON CORP NEW | COM | 166764100 |  | 9997809 | 55701 | SH |  | SOLE |  | 0 | 0 | 55701 |
| CISCO SYS INC | COM | 17275R102 |  | 967052 | 20299 | SH |  | SOLE |  | 0 | 0 | 20299 |
| COCA COLA CO | COM | 191216100 |  | 614270 | 9657 | SH |  | SOLE |  | 0 | 0 | 9656 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 391723 | 11202 | SH |  | SOLE |  | 0 | 0 | 11201 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 761336 | 6452 | SH |  | SOLE |  | 0 | 0 | 6452 |
| CROWN CASTLE INC | COM | 22822V101 |  | 298951 | 2204 | SH |  | SOLE |  | 0 | 0 | 2204 |
| DIREXION SHS ETF TR | DAILY FINL BEAR | 25460E240 |  | 269920 | 14000 | SH |  | SOLE |  | 0 | 0 | 14000 |
| DOUBLELINE INCOME SOLUTIONS | COM | 258622109 |  | 458076 | 41305 | SH |  | SOLE |  | 0 | 0 | 41305 |
| DOW INC | COM | 260557103 |  | 425947 | 8453 | SH |  | SOLE |  | 0 | 0 | 8453 |
| EASTMAN CHEM CO | COM | 277432100 |  | 207672 | 2550 | SH |  | SOLE |  | 0 | 0 | 2550 |
| EMERSON ELEC CO | COM | 291011104 |  | 2146076 | 22341 | SH |  | SOLE |  | 0 | 0 | 22341 |
| ENBRIDGE INC | COM | 29250N105 |  | 347002 | 8875 | SH |  | SOLE |  | 0 | 0 | 8874 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 333215 | 28072 | SH |  | SOLE |  | 0 | 0 | 28072 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 404889 | 16786 | SH |  | SOLE |  | 0 | 0 | 16786 |
| EVERGY INC | COM | 30034W106 |  | 258957 | 4115 | SH |  | SOLE |  | 0 | 0 | 4115 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 7507351 | 68063 | SH |  | SOLE |  | 0 | 0 | 68063 |
| META PLATFORMS INC | CL A | 30303M102 |  | 537077 | 4463 | SH |  | SOLE |  | 0 | 0 | 4463 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 236921 | 7221 | SH |  | SOLE |  | 0 | 0 | 7221 |
| FIRST TR EXCHANGE-TRADED FD | CAP STRENGTH ETF | 33733E104 |  | 536042 | 7152 | SH |  | SOLE |  | 0 | 0 | 7152 |
| FIRST TR EXCHANGE-TRADED FD | NY ARCA BIOTECH | 33733E203 |  | 248612 | 1613 | SH |  | SOLE |  | 0 | 0 | 1613 |
| FIRST TR EXCHANGE-TRADED FD | DJ INTERNT IDX | 33733E302 |  | 478807 | 3888 | SH |  | SOLE |  | 0 | 0 | 3888 |
| FIRST TR EXCHANGE-TRADED FD | RISNG DIVD ACHIV | 33738R506 |  | 1005561 | 22895 | SH |  | SOLE |  | 0 | 0 | 22895 |
| FIRST TR EXCHANGE-TRADED FD | FST LOW OPPT EFT | 33739Q200 |  | 737131 | 15548 | SH |  | SOLE |  | 0 | 0 | 15548 |
| FIRSTENERGY CORP | COM | 337932107 |  | 374902 | 8939 | SH |  | SOLE |  | 0 | 0 | 8939 |
| FORD MTR CO DEL | COM | 345370860 |  | 347606 | 29889 | SH |  | SOLE |  | 0 | 0 | 29888 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 584097 | 3098 | SH |  | SOLE |  | 0 | 0 | 3098 |
| GAMING  LEISURE PPTYS INC | COM | 36467J108 |  | 270608 | 5195 | SH |  | SOLE |  | 0 | 0 | 5195 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 338918 | 1366 | SH |  | SOLE |  | 0 | 0 | 1366 |
| GENERAL MLS INC | COM | 370334104 |  | 263262 | 3140 | SH |  | SOLE |  | 0 | 0 | 3139 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 398773 | 4645 | SH |  | SOLE |  | 0 | 0 | 4645 |
| HALLIBURTON CO | COM | 406216101 |  | 252824 | 6425 | SH |  | SOLE |  | 0 | 0 | 6425 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 259927 | 10368 | SH |  | SOLE |  | 0 | 0 | 10368 |
| HOME DEPOT INC | COM | 437076102 |  | 1183212 | 3746 | SH |  | SOLE |  | 0 | 0 | 3746 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 215363 | 15274 | SH |  | SOLE |  | 0 | 0 | 15274 |
| INTEL CORP | COM | 458140100 |  | 463952 | 17554 | SH |  | SOLE |  | 0 | 0 | 17554 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1533361 | 10883 | SH |  | SOLE |  | 0 | 0 | 10883 |
| INVESCO DB US DLR INDEX TR | BULLISH FD | 46141D203 |  | 509396 | 18317 | SH |  | SOLE |  | 0 | 0 | 18317 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 949703 | 27456 | SH |  | SOLE |  | 0 | 0 | 27456 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 207656 | 2141 | SH |  | SOLE |  | 0 | 0 | 2141 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 227295 | 2283 | SH |  | SOLE |  | 0 | 0 | 2283 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 329713 | 4062 | SH |  | SOLE |  | 0 | 0 | 4062 |
| ISHARES TR | 10-20 YR TRS ETF | 464288653 |  | 216360 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 |  | 570199 | 4963 | SH |  | SOLE |  | 0 | 0 | 4963 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 385819 | 3510 | SH |  | SOLE |  | 0 | 0 | 3510 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1380962 | 10298 | SH |  | SOLE |  | 0 | 0 | 10298 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 2601130 | 14725 | SH |  | SOLE |  | 0 | 0 | 14724 |
| KEYCORP | COM | 493267108 |  | 286820 | 16465 | SH |  | SOLE |  | 0 | 0 | 16465 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 366608 | 20277 | SH |  | SOLE |  | 0 | 0 | 20277 |
| LAM RESEARCH CORP | COM | 512807108 |  | 455976 | 1085 | SH |  | SOLE |  | 0 | 0 | 1084 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 |  | 330114 | 3497 | SH |  | SOLE |  | 0 | 0 | 3496 |
| LILLY ELI  CO | COM | 532457108 |  | 1525553 | 4170 | SH |  | SOLE |  | 0 | 0 | 4170 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 447084 | 919 | SH |  | SOLE |  | 0 | 0 | 919 |
| MARATHON PETE CORP | COM | 56585A102 |  | 287532 | 2470 | SH |  | SOLE |  | 0 | 0 | 2470 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 285834 | 822 | SH |  | SOLE |  | 0 | 0 | 822 |
| MCDONALDS CORP | COM | 580135101 |  | 503079 | 1909 | SH |  | SOLE |  | 0 | 0 | 1909 |
| MERCK  CO INC | COM | 58933Y105 |  | 1125810 | 10147 | SH |  | SOLE |  | 0 | 0 | 10147 |
| METLIFE INC | COM | 59156R108 |  | 611816 | 8454 | SH |  | SOLE |  | 0 | 0 | 8454 |
| MICROSOFT CORP | COM | 594918104 |  | 5136075 | 21416 | SH |  | SOLE |  | 0 | 0 | 21416 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 491211 | 7370 | SH |  | SOLE |  | 0 | 0 | 7370 |
| NETFLIX INC | COM | 64110L106 |  | 300188 | 1018 | SH |  | SOLE |  | 0 | 0 | 1018 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 186194 | 22790 | SH |  | SOLE |  | 0 | 0 | 22790 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 246420 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 648637 | 4438 | SH |  | SOLE |  | 0 | 0 | 4438 |
| NUVEEN REAL ASSET INCOME  G | COM | 67074Y105 |  | 125611 | 10736 | SH |  | SOLE |  | 0 | 0 | 10736 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 404946 | 6429 | SH |  | SOLE |  | 0 | 0 | 6428 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 370369 | 2345 | SH |  | SOLE |  | 0 | 0 | 2345 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 629465 | 4511 | SH |  | SOLE |  | 0 | 0 | 4511 |
| PEPSICO INC | COM | 713448108 |  | 1350253 | 7474 | SH |  | SOLE |  | 0 | 0 | 7474 |
| PFIZER INC | COM | 717081103 |  | 1867406 | 36444 | SH |  | SOLE |  | 0 | 0 | 36444 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 735293 | 7265 | SH |  | SOLE |  | 0 | 0 | 7265 |
| PIMCO CALIF MUN INCOME FD II | COM | 72200M108 |  | 70115 | 10326 | SH |  | SOLE |  | 0 | 0 | 10326 |
| PIONEER NAT RES CO | COM | 723787107 |  | 215143 | 942 | SH |  | SOLE |  | 0 | 0 | 942 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1387986 | 9158 | SH |  | SOLE |  | 0 | 0 | 9158 |
| PROSHARES TR | ULTRAPRO SHORT S | 74347B110 |  | 374936 | 22225 | SH |  | SOLE |  | 0 | 0 | 22225 |
| PROSHARES TR | SHORT S 500 NE | 74347B425 |  | 825705 | 51510 | SH |  | SOLE |  | 0 | 0 | 51510 |
| PROSHARES TR | SHORT QQQ NEW | 74347B714 |  | 673440 | 45750 | SH |  | SOLE |  | 0 | 0 | 45750 |
| PROSHARES TR | ULTRASHRT S | 74347G416 |  | 212335 | 4619 | SH |  | SOLE |  | 0 | 0 | 4619 |
| PROSHARES TR | ULTRAPRO SHT QQQ | 74347G432 |  | 748201 | 13853 | SH |  | SOLE |  | 0 | 0 | 13853 |
| PROSHARES TR II | VIX SH TRM FUTRS | 74347Y854 |  | 1316666 | 115700 | SH |  | SOLE |  | 0 | 0 | 115700 |
| PROSHARES TR | SHRT RUSSELL2000 | 74348A210 |  | 831480 | 33800 | SH |  | SOLE |  | 0 | 0 | 33800 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 553495 | 5565 | SH |  | SOLE |  | 0 | 0 | 5565 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 263155 | 4295 | SH |  | SOLE |  | 0 | 0 | 4295 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 840462 | 8328 | SH |  | SOLE |  | 0 | 0 | 8328 |
| SHELL PLC | SPON ADS | 780259305 |  | 293122 | 5147 | SH |  | SOLE |  | 0 | 0 | 5147 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 858548 | 5061 | SH |  | SOLE |  | 0 | 0 | 5061 |
| SACHEM CAP CORP | COM | 78590A109 |  | 111738 | 33860 | SH |  | SOLE |  | 0 | 0 | 33860 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 240505 | 2047 | SH |  | SOLE |  | 0 | 0 | 2047 |
| SOUTHERN CO | COM | 842587107 |  | 502381 | 7035 | SH |  | SOLE |  | 0 | 0 | 7035 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 855600 | 46678 | SH |  | SOLE |  | 0 | 0 | 46677 |
| TESLA INC | COM | 88160R101 |  | 555788 | 4512 | SH |  | SOLE |  | 0 | 0 | 4512 |
| 3M CO | COM | 88579Y101 |  | 368006 | 3069 | SH |  | SOLE |  | 0 | 0 | 3068 |
| TRICO BANCSHARES | COM | 896095106 |  | 2986535 | 58571 | SH |  | SOLE |  | 0 | 0 | 58571 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 341784 | 7943 | SH |  | SOLE |  | 0 | 0 | 7942 |
| US BANCORP DEL | COM NEW | 902973304 |  | 502199 | 11516 | SH |  | SOLE |  | 0 | 0 | 11515 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 6218354 | 82603 | SH |  | SOLE |  | 0 | 0 | 82603 |
| VANGUARD WORLD FDS | CONSUM STP ETF | 92204A207 |  | 1106508 | 5776 | SH |  | SOLE |  | 0 | 0 | 5776 |
| VANGUARD WORLD FDS | ENERGY ETF | 92204A306 |  | 1110318 | 9155 | SH |  | SOLE |  | 0 | 0 | 9155 |
| VANGUARD WORLD FDS | FINANCIALS ETF | 92204A405 |  | 1159378 | 14014 | SH |  | SOLE |  | 0 | 0 | 14014 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 |  | 1118706 | 4510 | SH |  | SOLE |  | 0 | 0 | 4510 |
| VANGUARD WORLD FDS | INDUSTRIAL ETF | 92204A603 |  | 1115017 | 6105 | SH |  | SOLE |  | 0 | 0 | 6105 |
| VANGUARD WORLD FDS | MATERIALS ETF | 92204A801 |  | 1094556 | 6431 | SH |  | SOLE |  | 0 | 0 | 6431 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 377044 | 6521 | SH |  | SOLE |  | 0 | 0 | 6521 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1734306 | 44018 | SH |  | SOLE |  | 0 | 0 | 44017 |
| WP CAREY INC | COM | 92936U109 |  | 420447 | 5380 | SH |  | SOLE |  | 0 | 0 | 5380 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 276311 | 2947 | SH |  | SOLE |  | 0 | 0 | 2947 |
| WALMART INC | COM | 931142103 |  | 1044283 | 7365 | SH |  | SOLE |  | 0 | 0 | 7365 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 225907 | 1440 | SH |  | SOLE |  | 0 | 0 | 1440 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 3521500 | 85287 | SH |  | SOLE |  | 0 | 0 | 85287 |
| ALLSPRING MULTI SECTOR INCOM | COM | 94987D101 |  | 132001 | 13469 | SH |  | SOLE |  | 0 | 0 | 13469 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 221248 | 3457 | SH |  | SOLE |  | 0 | 0 | 3457 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 360699 | 4641 | SH |  | SOLE |  | 0 | 0 | 4641 |

---