Chief Compliance Officer

0001144204-15-028944.txt : 20150511 0001144204-15-028944.hdr.sgml : 20150511 20150508213417 ACCESSION NUMBER: 0001144204-15-028944 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150331 FILED AS OF DATE: 20150511 DATE AS OF CHANGE: 20150508 EFFECTIVENESS DATE: 20150511 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAFIRST CAPITAL MANAGEMENT, LLC CENTRAL INDEX KEY: 0001476380 IRS NUMBER: 208496514 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-16294 FILM NUMBER: 15848630 BUSINESS ADDRESS: STREET 1: 8150 SIERRA COLLEGE BOULEVARD, SUITE 290 CITY: ROSEVILLE STATE: CA ZIP: 95661-9417 BUSINESS PHONE: 916-787-9940 MAIL ADDRESS: STREET 1: 8150 SIERRA COLLEGE BOULEVARD, SUITE 290 CITY: ROSEVILLE STATE: CA ZIP: 95661-9417 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001476380 XXXXXXXX 03-31-2015 03-31-2015 false AMERICAFIRST CAPITAL MANAGEMENT, LLC

8150 Sierra College Boulevard, Suite 290 Roseville CA 95661-9417

13F HOLDINGS REPORT 028-16294 N Robert G. Roach, Jr. Chief Compliance Officer 916-757-6862 /s/ Robert G. Roach, Jr. Roseville CA 05-08-2015 0 246 201289356 INFORMATION TABLE 2 infotable.xml Aflac, Inc. Common Stock 001055102 471114 7360 SH SOLE 7360 0 0 AES Corp./VA Common Stock 00130H105 1909626 148609 SH SOLE 148609 0 0 AMR Corporation Common Stock 001765106 178044 80929 SH SOLE 80929 0 0 AT&T Inc Common Stock 00206R102 120870 3702 SH SOLE 3702 0 0 Abercrombie & Fitch Co. Common Stock 002896207 97240 4412 SH SOLE 4412 0 0 Aberdeen Asia-Pacific Inc Fd Closed-End Fund 003009107 303281 56372 SH SOLE 56372 0 0 Aetna Inc Common Stock 00817Y108 2422279 22738 SH SOLE 22738 0 0 Agilent Technologies, Inc. Common Stock 00846U101 438602 10556 SH SOLE 10556 0 0 AllianceBernstein Holding LP MLP 01881G106 704145 22810 SH SOLE 22810 0 0 Altria Group, Inc. Common Stock 02209S103 45718 914 SH SOLE 914 0 0 American Electric Power, Inc. Common Stock 025537101 114638 2038 SH SOLE 2038 0 0 American Tower Corp. REIT 03027X100 48676 517 SH SOLE 517 0 0 Ameriprise Financial Inc Common Stock 03076C106 48672 372 SH SOLE 372 0 0 Amerigas Partners- LP MLP 030975106 609688 12771 SH SOLE 12771 0 0 AmTrust Financial Services Common Stock 032359309 130097 2283 SH SOLE 2283 0 0 Andersons Inc Common Stock 034164103 1745483 42192 SH SOLE 42192 0 0 Anthem Inc Common Stock 036752103 2469325 15992 SH SOLE 15992 0 0 Apartment Invstmt & Mgmt Co REIT 03748R101 129140 3281 SH SOLE 3281 0 0 Apple, Inc. Common Stock 037833100 57611 463 SH SOLE 463 0 0 Archer-Daniels-Midland Co Common Stock 039483102 2088491 44061 SH SOLE 44061 0 0 BCE Inc Common Stock 05534B760 552120 13034 SH SOLE 13034 0 0 Bank of New York Mellon Corp Common Stock 064058100 442157 10988 SH SOLE 10988 0 0 CR Bard Inc. Common Stock 067383109 2012718 12027 SH SOLE 12027 0 0 IPath IPath DJ-UBS Coffee Ttl RtnETN ETP 06739H297 100324 4315 SH SOLE 4315 0 0 WR Berkley Corp. Common Stock 084423102 124962 2474 SH SOLE 2474 0 0 Best Buy Co. Inc. Common Stock 086516101 122818 3250 SH SOLE 3250 0 0 Booz Allen Hamilton Hldg Corp Common Stock 099502106 648719 22416 SH SOLE 22416 0 0 British America Tobacco PLC ADR ADR 110448107 46074 444 SH SOLE 444 0 0 British Telecom PLC Global 9 5/8% Due 12/15/2030 JD15 Note 111021AE1 1091198 660000 PRN SOLE 660000 0 0 CBS Corp Common Stock 124857202 52809 871 SH SOLE 871 0 0 Cigna Corp. Common Stock 125509109 2602909 20109 SH SOLE 20109 0 0 CYS Investments, Inc REIT 12673A108 429925 48252 SH SOLE 48252 0 0 CACI International Inc Common Stock 127190304 439439 4887 SH SOLE 4887 0 0 Calavo Growers Inc Common Stock 128246105 2565652 49896 SH SOLE 49896 0 0 Canon, Inc. Sponsored ADR ADR 138006309 128676 3638 SH SOLE 3638 0 0 Centerpoint Energy Inc 6 1/2% Due 5/1/2018 MN1 Note 15189TAQ0 284659 250000 PRN SOLE 250000 0 0 Children's Place Inc Common Stock 168905107 139934 2180 SH SOLE 2180 0 0 Chimera Investment Corp REIT 16934Q208 1108787 353117 SH SOLE 353117 0 0 Chrysler GP/CG 8% Due 6/15/2019 JD15 Note 17121EAB3 1043213 990000 PRN SOLE 990000 0 0 Church & Dwight Co. Inc. Common Stock 171340102 58854 689 SH SOLE 689 0 0 Cisco Systems, Inc. 5 1/2% Due 2/22/2016 FA22 Note 17275RAC6 1325862 1270000 PRN SOLE 1270000 0 0 Cisco Systems, Inc. 5 1/2% Due 1/15/2040 JJ15 Note 17275RAF9 1053317 850000 PRN SOLE 850000 0 0 Citrix Systems, Inc. Common Stock 177376100 1442823 22590 SH SOLE 22590 0 0 Clear Channel Worldwide 7 5/8% Due 3/15/2020 MS15 Note 18451QAH1 1057500 1000000 PRN SOLE 1000000 0 0 Cogent Communications Group, I Common Stock 19239V302 125704 3558 SH SOLE 3558 0 0 Computer Sciences Corp. Common Stock 205363104 437115 6696 SH SOLE 6696 0 0 ConocoPhillips 6 1/2% Due 2/1/2039 FA1 Note 20825CAQ7 2436534 1800000 PRN SOLE 1800000 0 0 Consolidated Communications Common Stock 209034107 92840 4551 SH SOLE 4551 0 0 Consolidated Edison Inc Common Stock 209115104 114375 1875 SH SOLE 1875 0 0 CoreLogic Inc Common Stock 21871D103 463695 13147 SH SOLE 13147 0 0 Corrections Corp. Of America REIT 22025Y407 652051 16196 SH SOLE 16196 0 0 Curtiss-Wright Corp Common Stock 231561101 476469 6444 SH SOLE 6444 0 0 Delek Logistics Partners LP MLP 24664T103 702400 16136 SH SOLE 16136 0 0 Digital Realty Trust Inc REIT 253868103 47689 723 SH SOLE 723 0 0 Direxion Shares Daily 30 YR Treasury Bull 3x ETP 25459W540 197707 2082 SH SOLE 2082 0 0 DIRECTV Common Stock 25490A309 48847 574 SH SOLE 574 0 0 Dollar General Corp Common Stock 256677105 476402 6320 SH SOLE 6320 0 0 Dominion Diamond Corp Common Stock 257287102 412125 24115 SH SOLE 24115 0 0 Domtar Corp Common Stock 257559203 513319 11106 SH SOLE 11106 0 0 Donaldson Co. Inc. Common Stock 257651109 50267 1333 SH SOLE 1333 0 0 RR Donnelley & Sons Co. Common Stock 257867101 685313 35712 SH SOLE 35712 0 0 Dow Chemical Co. 8.55% Due 5/15/2019 MN15 Note 260543BX0 2431090 1940000 PRN SOLE 1940000 0 0 Dreyfus Cash Mgmt - Instl Open-End Fund 26188J206 5773758 5773758 SH SOLE 5773758 0 0 Dun & Bradstreet Corp Common Stock 26483E100 132596 1033 SH SOLE 1033 0 0 ETFS Platinum Trust ETP 26922V101 47162 426 SH SOLE 426 0 0 E*Trade Financial Corp Common Stock 269246401 537491 18823 SH SOLE 18823 0 0 EXCO Resources, Inc 7 1/2% Due 9/15/2018 MS15 Note 269279AD7 597500 1000000 PRN SOLE 1000000 0 0 Eagle Materials Inc Common Stock 26969P108 55985 670 SH SOLE 670 0 0 Edwards Lifesciences Corp Common Stock 28176E108 2239186 15718 SH SOLE 15718 0 0 Entergy Corp. Common Stock 29364G103 1872623 24166 SH SOLE 24166 0 0 Enterprise Products Partners MLP 293792107 47913 1455 SH SOLE 1455 0 0 Express Scripts Holding Co Common Stock 30219G108 2063998 23787 SH SOLE 23787 0 0 Fairchild Semiconductor Int'l Class A Common Stock 303726103 465844 25624 SH SOLE 25624 0 0 Federal Realty Invstment Trust REIT 313747206 55057 374 SH SOLE 374 0 0 Ferrellgas Partners-LP MLP 315293100 650824 26695 SH SOLE 26695 0 0 First Data Corporation 12 5/8% Due 1/15/2021 JJ15 Note 319963BB9 1080625 910000 PRN SOLE 910000 0 0 FirstEnergy Corp. Common Stock 337932107 111526 3181 SH SOLE 3181 0 0 Ford Motor Co. 9.215% 9/15/21 9.215% Due 9/15/2021 MS15 Note 345370BU3 1155141 870000 PRN SOLE 870000 0 0 Fortress Investment Group LLC MLP 34958B106 629936 78059 SH SOLE 78059 0 0 Freeport-McMoRan Inc. Common Stock 35671D857 344814 18196 SH SOLE 18196 0 0 G & K Services Inc. Common Stock 361268105 623395 8595 SH SOLE 8595 0 0 GameStop Corp. Cl A Common Stock 36467W109 511359 13471 SH SOLE 13471 0 0 General Dynamics Corp. Common Stock 369550108 418184 3081 SH SOLE 3081 0 0 Google Inc Common Stock 38259P706 47676 87 SH SOLE 87 0 0 Graftech International LT Common Stock 384313102 366150 94126 SH SOLE 94126 0 0 Greif Inc CL A Common Stock 397624107 374361 9533 SH SOLE 9533 0 0 Groupon, Inc. Common Stock 399473107 399239 55373 SH SOLE 55373 0 0 Veolia Environement Common Stock 4031879 1593909 84267 SH SOLE 84267 0 0 HCA Holdings, Inc. Common Stock 40412C101 3585311 47658 SH SOLE 47658 0 0 HSBC Finance Corp 6.676% Due 1/15/2021 JJ15 Note 40429CGD8 2383714 2005000 PRN SOLE 2005000 0 0 EDP - Energias de Portugal SA Common Stock 4103596 1412648 377492 SH SOLE 377492 0 0 Harrahs Operating Co Inc *Default* 10% Due 12/15/2018 JD15 Note 413627BM1 430000 2000000 PRN SOLE 2000000 0 0 Health Net Inc Common Stock 42222G108 2312351 38227 SH SOLE 38227 0 0 HollyFrontier Corp Common Stock 436106108 49210 1222 SH SOLE 1222 0 0 Home Depot, Inc. Common Stock 437076102 468414 4123 SH SOLE 4123 0 0 Huntington Ingalls Industries Common Stock 446413106 525002 3746 SH SOLE 3746 0 0 ICF International, Inc Common Stock 44925C103 127861 3130 SH SOLE 3130 0 0 IGI Laboratories Common Stock 449575109 1255816 153899 SH SOLE 153899 0 0 Infinity Pharmaceuticals Inc Common Stock 45665G303 1730542 123787 SH SOLE 123787 0 0 Ingles Markets Inc Common Stock 457030104 2762716 55835 SH SOLE 55835 0 0 Intelsat Jackson Holdings 7 1/4% Due 10/15/2020 AO15 Note 45824TAC9 1032500 1000000 PRN SOLE 1000000 0 0 Interactive Brokers Group Inc CL A Common Stock 45841N107 508701 14953 SH SOLE 14953 0 0 InterDigital Inc. Common Stock 45867G101 1385456 27305 SH SOLE 27305 0 0 Iron Mountain Inc REIT 46284V101 394312 10809 SH SOLE 10809 0 0 iShares Pacific Ex Japan Index ETP 464286665 49080 1082 SH SOLE 1082 0 0 iShares MSCI South Africa Index Fd ETP 464286780 50801 758 SH SOLE 758 0 0 iShares IBoxx$ Invest Grade Corp. Bond ETP 464287242 1126791 9258 SH SOLE 9258 0 0 iShares Barclays 20+ Year Treasury ETP 464287432 6638268 50794 SH SOLE 50794 0 0 IShares Silver Trust ETP 46428Q109 49781 3125 SH SOLE 3125 0 0 ITC Holdings Corp Common Stock 465685105 47237 1262 SH SOLE 1262 0 0 Jarden Corp Common Stock 471109108 58560 1107 SH SOLE 1107 0 0 Johnson Controls, Inc. Common Stock 478366107 465359 9226 SH SOLE 9226 0 0 Joy Global Inc Common Stock 481165108 379928 9697 SH SOLE 9697 0 0 Keurig Green Mountain Inc Common Stock 49271M100 1173165 10500 SH SOLE 10500 0 0 Kinder Morgan Ener Part 9% Due 2/1/2019 FA1 Note 494550AZ9 694890 570000 PRN SOLE 570000 0 0 Kohls Corp. Common Stock 500255104 163934 2095 SH SOLE 2095 0 0 LTC Properties, Inc REIT 502175102 628866 13671 SH SOLE 13671 0 0 L3 Communications Holdings Inc Common Stock 502424104 424919 3378 SH SOLE 3378 0 0 Laboratory Corp of America Hld Common Stock 50540R409 2227002 17662 SH SOLE 17662 0 0 Land's End Inc Common Stock 51509F105 389119 10845 SH SOLE 10845 0 0 Level 3 Communications, Inc. Common Stock 52729N308 136377 2533 SH SOLE 2533 0 0 Lexmark International Inc. Common Stock 529771107 451006 10652 SH SOLE 10652 0 0 Lifepoint Hospitals Inc Common Stock 53219L109 2093031 28496 SH SOLE 28496 0 0 Lockheed Martin Corp. 7.65% Due 5/1/2016 MN1 Note 539830AE9 1181529 1100000 PRN SOLE 1100000 0 0 Lowe's Cos. Inc. Common Stock 548661107 469698 6314 SH SOLE 6314 0 0 MDU Resources Group Inc. Common Stock 552690109 1797959 84253 SH SOLE 84253 0 0 Macquarie Infrastructure Co. LLC Common Stock 55608B105 700041 8507 SH SOLE 8507 0 0 Market Vectors Russia ETF ETP 57060U506 55470 3261 SH SOLE 3261 0 0 Mastercard Inc Common Stock 57636Q104 47515 550 SH SOLE 550 0 0 MeadWestvaco Corp. Common Stock 583334107 674242 13520 SH SOLE 13520 0 0 MedAssets Inc. Common Stock 584045108 1945405 103369 SH SOLE 103369 0 0 Merger Fund Open-End Fund 589509207 950173 60138 SH SOLE 60138 0 0 Meritor Inc Common Stock 59001K100 103629 8218 SH SOLE 8218 0 0 Chocoladefabriken Lindt-PC Common Stock 5962279 241885 45 SH SOLE 45 0 0 Amcor Limited Common Stock 6066608 123243 11497 SH SOLE 11497 0 0 Molina Healthcare Inc Common Stock 60855R100 2619869 38934 SH SOLE 38934 0 0 Monster Beverage Corp Common Stock 611740101 2824919 20412 SH SOLE 20412 0 0 APA Group Stapled Security 6247306 680223 98445 SH SOLE 98445 0 0 Mueller Water Products, Inc Common Stock 624758108 409455 41569 SH SOLE 41569 0 0 Dainippon Sumitomo Pharma Co Common Stock 6250865 1771081 149236 SH SOLE 149236 0 0 Myriad Genetics, Inc. Common Stock 62855J104 1496146 42264 SH SOLE 42264 0 0 Li & Fung Limited Common Stock 6286257 118414 121275 SH SOLE 121275 0 0 NRG Energy Inc. 144A 8 1/4% Due 9/1/2020 MS1 Note 629377BJ0 382950 360000 PRN SOLE 360000 0 0 National Fuel Gas Co. Common Stock 636180101 1751078 29025 SH SOLE 29025 0 0 TonenGeneral Sekiyu KK Common Stock 6366007 125366 14506 SH SOLE 14506 0 0 Neogen Corp Common Stock 640491106 49954 1069 SH SOLE 1069 0 0 Neustar Inc - Class A Common Stock 64126X201 1253503 50914 SH SOLE 50914 0 0 Nevada Power Co 5.95% Due 3/15/2016 MS15 Note 641423BM9 52417 50000 PRN SOLE 50000 0 0 Nevada Power Co 6 1/2% Due 8/1/2018 FA1 Note 641423BW7 544213 470000 PRN SOLE 470000 0 0 ITOCHU Corporation Common Stock 6467803 126202 11635 SH SOLE 11635 0 0 New Media Investment Common Stock 64704V106 611770 25565 SH SOLE 25565 0 0 New Mountain Finance Corp Common Stock 647551100 584628 40043 SH SOLE 40043 0 0 Kirin Holdings Company, Ltd Common Stock 6493745 1571848 119598 SH SOLE 119598 0 0 NextEra Energy Inc Common Stock 65339F101 52649 506 SH SOLE 506 0 0 Northern Trust Corp. Common Stock 665859104 469371 6739 SH SOLE 6739 0 0 OGE Energy Corp. Common Stock 670837103 49533 1567 SH SOLE 1567 0 0 O'Reilly Automotive Inc Common Stock 67103H107 497784 2302 SH SOLE 2302 0 0 Omnivision Technologies Common Stock 682128103 416303 15787 SH SOLE 15787 0 0 Oracle Corp. Common Stock 68389X105 426581 9886 SH SOLE 9886 0 0 Orbital ATK Inc Common Stock 68557N103 586986 7660 SH SOLE 7660 0 0 Outerwall Inc Common Stock 690070107 116702 1765 SH SOLE 1765 0 0 Owens-Illinois Inc Common Stock 690768403 402806 17273 SH SOLE 17273 0 0 VTech Holdings Common Stock 6928560 593878 41630 SH SOLE 41630 0 0 Pacific Gas & Electric 6.05% Due 3/1/2034 MS1 Note 694308GE1 1952624 1490000 PRN SOLE 1490000 0 0 PAREXEL International Corp Common Stock 699462107 2454526 35578 SH SOLE 35578 0 0 Pfizer Inc. Global 7.2% Due 3/15/2039 MS15 Note 717081CY7 1047421 710000 PRN SOLE 710000 0 0 Philip Morris Int'l Inc. Common Stock 718172109 553374 7346 SH SOLE 7346 0 0 Pilgrim's Pride Corp Common Stock 72147K108 2569183 113731 SH SOLE 113731 0 0 Pimco High Income Fund Closed-End Fund 722014107 203424 16300 SH SOLE 16300 0 0 Pinnacle Foods Inc Common Stock 72348P104 1629584 39931 SH SOLE 39931 0 0 Polycom Inc. Common Stock 73172K104 441972 32983 SH SOLE 32983 0 0 Portland General Electric Co Common Stock 736508847 120580 3251 SH SOLE 3251 0 0 Enagas Common Stock 7383072 562956 19687 SH SOLE 19687 0 0 Powershares DB Agriculture Fund ETP 73936B408 96353 4352 SH SOLE 4352 0 0 PowerShares DB US Dollar Index Bullish Fund ETP 73936D107 7236305 279394 SH SOLE 279394 0 0 PowerShares Emerging Mrkts Sovereign Debt ETP 73936T573 202066 7110 SH SOLE 7110 0 0 Pozen Inc Common Stock 73941U102 583701 75609 SH SOLE 75609 0 0 Public Service Enterprise Inc. Common Stock 744573106 2019999 48187 SH SOLE 48187 0 0 Public Storage REIT 74460D109 49285 250 SH SOLE 250 0 0 QUALCOMM, Inc. Common Stock 747525103 46527 671 SH SOLE 671 0 0 Quest Diagnostics Inc. Common Stock 74834L100 1656579 21556 SH SOLE 21556 0 0 Realty Income Corp REIT 756109104 49072 951 SH SOLE 951 0 0 Resolute Forest Products Common Stock 76117W109 460127 26674 SH SOLE 26674 0 0 Reynolds American Inc Common Stock 761713106 55404 804 SH SOLE 804 0 0 Reynolds Group 9 7/8% Due 8/15/2019 FA15 Note 761735AH2 387000 360000 PRN SOLE 360000 0 0 Reynolds Group 9% Due 4/15/2019 AO15 Note 761735AL3 1094600 1040000 PRN SOLE 1040000 0 0 Rite Aid Corporation Common Stock 767754104 2570459 295795 SH SOLE 295795 0 0 Roper Industies Inc Common Stock 776696106 51772 301 SH SOLE 301 0 0 Rovi Corp. Common Stock 779376102 1162199 63822 SH SOLE 63822 0 0 SBA Communications Corp Cl A Common Stock 78388J106 131269 1121 SH SOLE 1121 0 0 SPDR Barclays Cap Convertible ETF ETP 78464A359 49670 1040 SH SOLE 1040 0 0 SPDR Barclays High Yield Bond ETF ETP 78464A417 971793 24778 SH SOLE 24778 0 0 SPDR Barclays Intermediate ETP 78464A672 632589 10425 SH SOLE 10425 0 0 Sabine Pass Liquefaction 5 5/8% Due 2/1/2021 FA1 Note 785592AE6 1072254 1060000 PRN SOLE 1060000 0 0 St. Jude Medical, Inc. Common Stock 790849103 1450049 22172 SH SOLE 22172 0 0 Sanderson Farms Inc Common Stock 800013104 3502370 43972 SH SOLE 43972 0 0 Sanmina Corp Common Stock 801056102 439702 18177 SH SOLE 18177 0 0 Scotts Miracle-Gro Co. Common Stock 810186106 647317 9637 SH SOLE 9637 0 0 Sears Holding Corp Common Stock 812350106 521512 12603 SH SOLE 12603 0 0 Sempra Energy Common Stock 816851109 53638 492 SH SOLE 492 0 0 Sherwin Williams Co. Common Stock 824348106 50641 178 SH SOLE 178 0 0 Snyder's - Lance Inc Common Stock 833551104 2399205 75069 SH SOLE 75069 0 0 Spirit Aerosystems Holdings In Common Stock 848574109 152505 2921 SH SOLE 2921 0 0 Springleaf Holdings Inc Common Stock 85172J101 180522 3487 SH SOLE 3487 0 0 Sprint Corp Global 7 7/8% Due 9/15/2023 MS15 Note 85207UAF2 1096750 1070000 PRN SOLE 1070000 0 0 Sprout Farmers Markets Inc Common Stock 85208M102 616736 17506 SH SOLE 17506 0 0 Starbucks Corp. Common Stock 855244109 49433 522 SH SOLE 522 0 0 State Street Corp. Common Stock 857477103 415518 5651 SH SOLE 5651 0 0 Suburban Propane Partners LP MLP 864482104 576872 13425 SH SOLE 13425 0 0 Sunoco Logistics Partners L.P. MLP 86764L108 596950 14440 SH SOLE 14440 0 0 Synaptics Inc Common Stock 87157D109 60247 741 SH SOLE 741 0 0 Teck Cominco Ltd - Cl B Common Stock 878742204 443369 32292 SH SOLE 32292 0 0 TELUS CORP -NON VTG SHS OTC Common Stock 87971M103 47234 1421 SH SOLE 1421 0 0 Templeton Global Income Fund Closed-End Fund 880198106 308832 42953 SH SOLE 42953 0 0 Tenet Healthcare Corp. 8% Due 8/1/2020 FA1 Note 88033GBM1 673600 640000 PRN SOLE 640000 0 0 Tenet Healthcare Corp. 8 1/8% Due 4/1/2022 AO1 Note 88033GCE8 375700 340000 PRN SOLE 340000 0 0 Tupperware Brands Corp. Common Stock 899896104 486453 7048 SH SOLE 7048 0 0 UGI Corp Common Stock 902681105 46897 1439 SH SOLE 1439 0 0 US Natural Gas Fund LP ETP 912318201 94798 7160 SH SOLE 7160 0 0 United States Steel Corp Common Stock 912909108 428000 17541 SH SOLE 17541 0 0 United Therapeutics Corp. Common Stock 91307C102 2711713 15726 SH SOLE 15726 0 0 VF Corp. Common Stock 918204108 54600 725 SH SOLE 725 0 0 VWR Funding, Inc 7 1/4% Due 9/15/2017 MS15 Note 918436AF3 1880263 1795000 PRN SOLE 1795000 0 0 Valmont Industries Inc Common Stock 920253101 417423 3397 SH SOLE 3397 0 0 Vector Group LTD Common Stock 92240M108 611843 27849 SH SOLE 27849 0 0 VeriSign Inc Common Stock 92343E102 1702645 25424 SH SOLE 25424 0 0 Viad Corp Common Stock 92552R406 624670 22454 SH SOLE 22454 0 0 Vodafone Group PLC (New) Global 5 5/8% Due 2/27/2017 FA27 Note 92857WAP5 1339774 1240000 PRN SOLE 1240000 0 0 Wal-Mart Stores, Inc. 5% Due 10/25/2040 AO25 Note 931142CY7 2247446 1870000 PRN SOLE 1870000 0 0 Wells Fargo & Co. Common Stock 949746101 49885 917 SH SOLE 917 0 0 West Corporation Common Stock 952355204 127297 3774 SH SOLE 3774 0 0 Whirlpool Corp. Common Stock 963320106 442713 2191 SH SOLE 2191 0 0 Xerox Corp. Common Stock 984121103 401473 31243 SH SOLE 31243 0 0 Zimmer Holdings Inc Common Stock 98956P102 1453605 12369 SH SOLE 12369 0 0 China Power International Common Stock B02ZKQ8 645591 1232809 SH SOLE 1232809 0 0 FERROVIAL SA Common Stock B038516 6315 297 SH SOLE 297 0 0 ELECTRICITE DE FRANCE Common Stock B0NJJ17 1336266 55704 SH SOLE 55704 0 0 Banco Hipotecario SA 9 3/4% Due 4/27/2016 AO27 Note B13BWD3 20200 20000 PRN SOLE 20000 0 0 JBS SA Common Stock B1V74X7 89 20 SH SOLE 20 0 0 EDP Renovaveis SA Common Stock B39GNW2 32644 4750 SH SOLE 4750 0 0 China Longyuan Power Group Crp Common Stock B4Q2TX3 1512060 1390611 SH SOLE 1390611 0 0 Chorus Ltd Common Stock B54F6S5 176833 82423 SH SOLE 82423 0 0 OTSUKA HOLDINGS CO LTD Common Stock B5LTM93 1596855 50966 SH SOLE 50966 0 0 Coca-Cola HBC AG Common Stock B9895B7 1539759 85420 SH SOLE 85420 0 0 Everest Re Group Ltd Common Stock G3223R108 50634 291 SH SOLE 291 0 0 Greenlight Capital Re, Ltd. Common Stock G4095J109 418774 13169 SH SOLE 13169 0 0