0001564770-19-000004.txt : 20190807 0001564770-19-000004.hdr.sgml : 20190807 20190807132419 ACCESSION NUMBER: 0001564770-19-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190630 FILED AS OF DATE: 20190807 DATE AS OF CHANGE: 20190807 EFFECTIVENESS DATE: 20190807 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Oxbow Advisors, LLC CENTRAL INDEX KEY: 0001564770 IRS NUMBER: 261399473 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-15434 FILM NUMBER: 191004760 BUSINESS ADDRESS: STREET 1: 800 N. SHORELINE BLVD STREET 2: SUITE 2200 SOUTH CITY: CORPUS CHRISTI STATE: TX ZIP: 78401 BUSINESS PHONE: 361-888-7611 MAIL ADDRESS: STREET 1: 800 N. SHORELINE BLVD STREET 2: SUITE 2200 SOUTH CITY: CORPUS CHRISTI STATE: TX ZIP: 78401 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001564770 XXXXXXXX 06-30-2019 06-30-2019 Oxbow Advisors, LLC
800 N. SHORELINE BLVD SUITE 2200 SOUTH CORPUS CHRISTI TX 78401
13F HOLDINGS REPORT 028-15434 N
Beth Ragan Managing Director 361-888-7611 Beth Ragan Corpus Christi TX 08-07-2019 0 309 830369 false
INFORMATION TABLE 2 inftable.xml 13F-HR 3M Company COM 88579Y101 2693 15538 SH SOLE 0 0 15538 AT&T Inc COM 00206R102 2898 86471 SH SOLE 0 0 86471 Abbott Laboratories COM 002824100 635 7556 SH SOLE 0 0 7556 Abbvie Inc COM 00287Y109 8025 110359 SH SOLE 2715 0 107644 Aberdeen Asia Pacific Income F COM 003009107 6878 1645490 SH SOLE 0 0 1645490 Aberdeen Total Dynamic Dividen COM 00326L100 437 52375 SH SOLE 4335 0 48040 Adobe Systems Inc COM 00724F101 266 903 SH SOLE 0 0 903 Advent Claymore Conv Secs & In COM 00764C109 2181 144846 SH SOLE 0 0 144846 Agnico Eagle Mines Limited COM 008474108 1513 29530 SH SOLE 0 0 29530 Alamos Gold Inc New Class A COM 011532108 432 71340 SH SOLE 0 0 71340 Allianzgi Conv & Income Fund COM 018828103 132 23450 SH SOLE 0 0 23450 Alphabet Inc Non Voting Cap St COM 02079K107 7963 7367 SH SOLE 509 0 6858 Altria Group Inc COM 02209S103 2030 42872 SH SOLE 0 0 42872 Amazon.Com Inc COM 023135106 2657 1403 SH SOLE 0 0 1403 American Express Company COM 025816109 338 2740 SH SOLE 0 0 2740 Amgen Inc COM 031162100 266 1445 SH SOLE 0 0 1445 Analog Devices Inc COM 032654105 2927 25935 SH SOLE 1415 0 24520 Anglogold Ashanti Ltd (New) Sp COM 035128206 206 11560 SH SOLE 0 0 11560 Anheuser Busch Inbev SA/NV-Spo COM 03524A108 3475 39266 SH SOLE 2100 0 37166 Apple Inc COM 037833100 12318 62238 SH SOLE 3580 0 58658 Applied Materials Inc COM 038222105 3344 74462 SH SOLE 4105 0 70357 Atlantic Capital Bancshares In COM 048269203 895 52293 SH SOLE 0 0 52293 Atlantic Union Bankshares Corp COM 04911A107 656 18577 SH SOLE 0 0 18577 Automatic Data Processing Inc COM 053015103 2797 16915 SH SOLE 0 0 16915 B2Gold Corp COM 11777Q209 274 90580 SH SOLE 0 0 90580 BP PLC Sponsored ADR (Frm BP A COM 055622104 1434 34400 SH SOLE 0 0 34400 Baidu INC Sponsored ADR Repstg COM 056752108 1232 10500 SH SOLE 752 0 9748 Banco Santander Cent Hispano S COM 05964H105 557 121675 SH SOLE 0 0 121675 Bank of America Corp COM 060505104 4800 165505 SH SOLE 9380 0 156125 Barrick Gold Corp COM 067901108 2597 164678 SH SOLE 0 0 164678 Berkshire Hathaway Inc Del Cl COM 084670702 516 2419 SH SOLE 0 0 2419 Berkshire Hathaway Inc-Del Cl COM 084670108 318 1 SH SOLE 0 0 1 BlackRock Build America Bond T COM 09248X100 1175 49538 SH SOLE 0 0 49538 BlackRock Credit Alloc Income COM 092508100 712 54876 SH SOLE 0 0 54876 BlackRock Inc COM 09247X101 2947 6279 SH SOLE 400 0 5879 BlackRock Income Trust Inc COM 09247F100 1061 175321 SH SOLE 0 0 175321 BlackRock Insured Municipal In COM 092479104 150 10900 SH SOLE 0 0 10900 BlackRock Limited Duration Inc COM 09249W101 928 61851 SH SOLE 0 0 61851 BlackRock Long Term Mun Adviso COM 09250B103 420 33287 SH SOLE 0 0 33287 BlackRock Muni Holdings Fund I COM 09253P109 152 10100 SH SOLE 0 0 10100 BlackRock Muni Inter Duration COM 09253X102 206 14630 SH SOLE 0 0 14630 BlackRock Muniyield Quality Fu COM 09254G108 619 49250 SH SOLE 0 0 49250 BlackRock Resources And Commod COM 09257A108 891 108955 SH SOLE 5685 0 103270 Blackstone Group LP/XXX COM 09253U108 948 21335 SH SOLE 0 0 21335 Boeing Co COM 097023105 441 1211 SH SOLE 0 0 1211 Booking Holdings Inc COM 09857L108 3898 2079 SH SOLE 156 0 1923 Brandywine Global Income Oppor COM 10537L104 185 15763 SH SOLE 0 0 15763 Bristol-Myers Squibb Co COM 110122108 1050 23152 SH SOLE 3390 0 19762 Broadcom Ltd COM 11135F101 374 1298 SH SOLE 0 0 1298 CBRE Clarion Global Real Estat COM 12504g100 139 18540 SH SOLE 0 0 18540 Calamos Conv & High Income Fd COM 12811P108 223 20251 SH SOLE 0 0 20251 Calamos Global Dynamic Income COM 12811L107 341 42155 SH SOLE 4350 0 37805 Caterpillar Inc COM 149123101 1358 9967 SH SOLE 0 0 9967 Centamin PLC Ord Flondon Share COM G2055Q105 167 115000 SH SOLE 0 0 115000 Center Coast MLP & Infrastruct COM 151461100 9322 1186037 SH SOLE 0 0 1186037 Charles Schwab Corp COM 808513105 4405 109605 SH SOLE 7010 0 102595 Charter Communications Inc COM 16119P108 2350 5947 SH SOLE 474 0 5473 Chevron Corporation COM 166764100 2455 19726 SH SOLE 0 0 19726 Cion Investment Corp Fund COM 12799V101 99 11483 SH SOLE 0 0 11483 Cisco Systems Inc COM 17275R102 330 6038 SH SOLE 0 0 6038 Citigroup Inc New COM 172967424 4717 67356 SH SOLE 4170 0 63186 Clearbridge Energy MLP Fund COM 184692101 1935 161945 SH SOLE 0 0 161945 Clearbridge Energy MLP Total R COM 18469Q108 20527 2188374 SH SOLE 3935 0 2184439 Cleveland-Cliffs Inc New COM 185899101 1841 172545 SH SOLE 0 0 172545 Clorox Company (Del) COM 189054109 593 3870 SH SOLE 0 0 3870 Cognizant Technology Solutions COM 192446102 2525 39830 SH SOLE 2710 0 37120 Cohen & Steers Infrastructure COM 19248A109 1758 67756 SH SOLE 0 0 67756 Cohen & Steers REIT & Pfd COM 19247X100 1699 78590 SH SOLE 0 0 78590 Cohen & Steers Total Return Re COM 19247R103 512 36367 SH SOLE 0 0 36367 Comcast Corp New Cl A COM 20030N101 5517 130481 SH SOLE 6195 0 124286 Compass Minerals Intl Inc COM 20451N101 275 5000 SH SOLE 0 0 5000 ConocoPhillips COM 20825C104 900 14753 SH SOLE 0 0 14753 Costco Wholesale Corp-New COM 22160K105 316 1195 SH SOLE 0 0 1195 Credit Suisse Nassau Brh Veloc COM 22542D316 241 2000 SH SOLE 0 0 2000 Crestwood Equity Partners LP COM 226344208 476 13306 SH SOLE 0 0 13306 Discovery Communications Inc C COM 25470F104 2715 88430 SH SOLE 0 0 88430 Dollar Tree Inc COM 256746108 3781 35210 SH SOLE 2720 0 32490 Doubleline Opportunistic Cr Fd COM 258623107 5294 253073 SH SOLE 0 0 253073 Dow Inc COM 260557103 507 10289 SH SOLE 0 0 10289 Dundee Precious Metals Inc COM 265269209 220 59000 SH SOLE 0 0 59000 Dupont De Nemours Inc COM 26614N102 427 5689 SH SOLE 0 0 5689 East West Bancorp Inc COM 27579R104 1809 38676 SH SOLE 5630 0 33046 Eaton Vance Municipal Bond Fd COM 27827X101 2993 240796 SH SOLE 0 0 240796 Eaton Vance Senior Floating Ra COM 27828Q105 217 16580 SH SOLE 0 0 16580 Emerson Electric Co COM 291011104 233 3495 SH SOLE 0 0 3495 Enbridge Inc COM 29250N105 826 22895 SH SOLE 0 0 22895 Energy Transfer Equity LP COM 29273V100 730 51833 SH SOLE 0 0 51833 Enterprise Products Partners L COM 293792107 25270 875313 SH SOLE 10565 0 864748 Evolution Mining Ltd COM Q3647R147 184 60000 SH SOLE 0 0 60000 Expedia Inc COM 30212P303 3219 24195 SH SOLE 1725 0 22470 Exxon Mobil Corp COM 30231G102 11365 148315 SH SOLE 0 0 148315 Facebook Inc Class A COM 30303M102 4099 21239 SH SOLE 1568 0 19671 First Trust Biotech Index ETF COM 33733E203 1658 11770 SH SOLE 0 0 11770 First Trust III ETF Preferred COM 33739E108 2181 112498 SH SOLE 2300 0 110198 First Trust/Aberdeen Global Op COM 337319107 1493 143603 SH SOLE 0 0 143603 Flaherty & Crumrine / Claymore COM 338478100 3401 170623 SH SOLE 0 0 170623 Flaherty & Crumrine Dynamic Pf COM 33848W106 8141 325243 SH SOLE 0 0 325243 Foot Locker Inc COM 344849104 331 7904 SH SOLE 0 0 7904 Gabelli Healthcare & Wellness COM 36246K103 893 84770 SH SOLE 4640 0 80130 Gamco Glbl Gold Natural Resour COM 36465A109 10100 2205258 SH SOLE 0 0 2205258 Gamco Natural Resources Gold & COM 36465E101 8676 1490657 SH SOLE 0 0 1490657 Generac Holdings Inc COM 368736104 276 3975 SH SOLE 0 0 3975 General Mills Inc COM 370334104 552 10510 SH SOLE 0 0 10510 Global X Fund ETF MLP COM 37950E473 547 62024 SH SOLE 0 0 62024 Global X Super Dividend 100 ET COM 37950E549 1250 72655 SH SOLE 0 0 72655 Gold Fields Ltd New Adr Rand COM 38059T106 209 38675 SH SOLE 0 0 38675 Guggenheim Taxable Muni Manage COM 401664107 238 9900 SH SOLE 0 0 9900 Gulfport Energy Corp Com COM 402635304 74 15000 SH SOLE 0 0 15000 HCA Holdings Inc COM 40412C101 1748 12933 SH SOLE 0 0 12933 Halliburton Co COM 406216101 228 10012 SH SOLE 0 0 10012 Hanesbrands Inc COM 410345102 2718 157848 SH SOLE 0 0 157848 Harley Davidson COM 412822108 462 12885 SH SOLE 0 0 12885 Home Depot Inc COM 437076102 214 1030 SH SOLE 0 0 1030 Honeywell International Inc COM 438516106 2786 15956 SH SOLE 0 0 15956 ING Groep Nv- Spons ADR COM 456837103 1096 94739 SH SOLE 4465 0 90274 IShares Dow Jones Select Div I COM 464287168 5288 53111 SH SOLE 0 0 53111 Intel Corp COM 458140100 1805 37702 SH SOLE 0 0 37702 International Business Machine COM 459200101 348 2523 SH SOLE 0 0 2523 Invesco Bulletshares 2019 Hi Y COM 46138J403 528 22045 SH SOLE 0 0 22045 Invesco Bulletshares 2021 Hi Y COM 46138J700 215 10135 SH SOLE 0 0 10135 Invesco II Income Composite CE COM 46138E404 1420 62735 SH SOLE 0 0 62735 Invesco QQQ Tr ETF Unit Ser 1 COM 46090E103 1406 7530 SH SOLE 0 0 7530 Invesco S&P 500 Eqwt ETF COM 46137V357 9301 86278 SH SOLE 0 0 86278 Invesco TR II ETF Pfd COM 46138E511 730 49883 SH SOLE 0 0 49883 Invesco Van Kampen Sr Income T COM 46131H107 206 47608 SH SOLE 0 0 47608 Iron Mountain Inc COM 46284V101 2075 66305 SH SOLE 0 0 66305 JPMorgan Chase & Co COM 46625H100 2903 25966 SH SOLE 0 0 25966 JPMorgan ETF Ultra-Short Incom COM 46641Q837 6022 119501 SH SOLE 24955 0 94546 John Hancock Preferred Income COM 41013W108 240 10370 SH SOLE 0 0 10370 Johnson & Johnson COM 478160104 4546 32636 SH SOLE 0 0 32636 KKR & Co Inc COM 48251W104 3329 131741 SH SOLE 4645 0 127096 Kimberly Clark Corp COM 494368103 914 6861 SH SOLE 0 0 6861 Kinder Morgan Inc Del COM 49456B101 5901 282607 SH SOLE 0 0 282607 Las Vegas Sands Corp COM 517834107 3735 63202 SH SOLE 2655 0 60547 Leggett & Platt Inc COM 524660107 1279 33328 SH SOLE 0 0 33328 Liberty All Star Equity Fund COM 530158104 436 67965 SH SOLE 6705 0 61260 Linn CO Llc Escrow Com Shs Rps COM 535ESC107 0 12425 SH SOLE 0 0 12425 Lions Gate Entertainment Corp COM 535919401 727 59360 SH SOLE 0 0 59360 Lyondellbasell Industries Af S COM N53745100 6984 81086 SH SOLE 1890 0 79196 MFS Multimarket Income Trust S COM 552737108 76 12958 SH SOLE 0 0 12958 MGIC Investment Corp-Wisc COM 552848103 591 45000 SH SOLE 0 0 45000 Madison Square Garden COM 55825T103 1472 5259 SH SOLE 0 0 5259 Magellan Midstream Partners LP COM 559080106 862 13470 SH SOLE 0 0 13470 McDonalds Corp COM 580135101 702 3381 SH SOLE 0 0 3381 Medical Properties Trust Inc COM 58463J304 7387 423555 SH SOLE 0 0 423555 Medtronic PLC COM G5960L103 1606 16492 SH SOLE 0 0 16492 Merck & Co Inc New COM 58933Y105 506 6029 SH SOLE 0 0 6029 Microsoft Corp COM 594918104 14336 107017 SH SOLE 5587 0 101430 Molson Coors Brewing Co Cl B COM 60871R209 1284 22923 SH SOLE 0 0 22923 Moodys Corp COM 615369105 4821 24685 SH SOLE 1300 0 23385 Morgan Stanley & Co COM 617446448 2459 56136 SH SOLE 4015 0 52121 Morgan Stanley Emerging Mkts D COM 617477104 116 16822 SH SOLE 0 0 16822 Nestle SA Spons ADR Repstg Reg COM 641069406 8723 84364 SH SOLE 5605 0 78759 Neuberger Berman Re Es Com COM 64190A103 121 23495 SH SOLE 0 0 23495 New Gold Inc COM 644535106 30 31300 SH SOLE 0 0 31300 Newmont Goldcorp Corp COM 651639106 3460 89947 SH SOLE 0 0 89947 Northern Star Resources Ltd COM Q6951U101 155 19000 SH SOLE 0 0 19000 Nustar Energy LP COM 67058H102 264 9733 SH SOLE 0 0 9733 Nuveen Amt Free Quality Muni I COM 670657105 15568 1127334 SH SOLE 0 0 1127334 Nuveen Dow 30 Dynamic Overwrit COM 67075F105 6427 364950 SH SOLE 0 0 364950 Nuveen Enhanced AMT L&N Muni C COM 67071L106 10599 667833 SH SOLE 0 0 667833 Nuveen Enhanced Muni Credit Op COM 67070X101 13019 826618 SH SOLE 0 0 826618 Nuveen Multi-Strategy Income A COM 67073D102 822 103803 SH SOLE 0 0 103803 Nuveen Multi-Strategy Income A COM 67073B106 6288 634534 SH SOLE 0 0 634534 Nuveen NC Prem Income Muni Fd COM 67060P100 375 28160 SH SOLE 0 0 28160 Nuveen Quality Advantage Muni COM 67066V101 17674 1262397 SH SOLE 0 0 1262397 Nuveen Quality Pfd Income Fd 2 COM 67072C105 910 95811 SH SOLE 0 0 95811 Nuveen Real Estate Income Fd COM 67071B108 808 76935 SH SOLE 0 0 76935 Nuveen Taxable Municipal Incom COM 67074C103 692 32566 SH SOLE 0 0 32566 Nuveen VA Premium Income Muni COM 67064R102 135 10325 SH SOLE 0 0 10325 Oceanagold Corp COM 675222103 172 63000 SH SOLE 0 0 63000 Oracle Corp COM 68389X105 2977 52250 SH SOLE 0 0 52250 PGIM Global Short Duration Hig COM 69346J106 317 21965 SH SOLE 0 0 21965 PVH Corp COM 693656100 952 10061 SH SOLE 1500 0 8561 Paleo Resources Inc COM 696275106 8 225000 SH SOLE 0 0 225000 Pan Amern Silver Corp COM 697900108 932 72215 SH SOLE 0 0 72215 Parker-Hannifin Corp COM 701094104 969 5700 SH SOLE 0 0 5700 Pembina Pipeline Corp COM 706327103 1484 39880 SH SOLE 1055 0 38825 Pennantpark Investment Corp COM 708062104 176 27900 SH SOLE 0 0 27900 Pepsico Incorporated COM 713448108 1410 10749 SH SOLE 0 0 10749 Perseus Mining Ltd COM Q74174105 252 615000 SH SOLE 0 0 615000 Peyto Exploration & Developmen COM 717046106 32 10712 SH SOLE 0 0 10712 Pfizer Incorporated COM 717081103 5199 120011 SH SOLE 5585 0 114426 Pinnacle Financial Partners In COM 72346Q104 1518 26407 SH SOLE 0 0 26407 Plains All American Pipeline L COM 726503105 6068 249200 SH SOLE 0 0 249200 Plains GP Holdings LP COM 72651A207 7006 280562 SH SOLE 1645 0 278917 Popular Inc COM 733174700 865 15940 SH SOLE 695 0 15245 Procter & Gamble Co COM 742718109 1362 12420 SH SOLE 0 0 12420 Proshares Tr ETF Short S&P 500 COM 74347B425 324 12160 SH SOLE 0 0 12160 Ramelius Resources Ltd COM Q7982E108 176 345000 SH SOLE 0 0 345000 Regis Resources NL COM Q8059N120 83 22500 SH SOLE 0 0 22500 Republic Services Inc COM 760759100 575 6635 SH SOLE 0 0 6635 Resolute Mining Ltd COM Q81068100 253 270000 SH SOLE 0 0 270000 Roche Hldgs Ltd Spons ADR COM 771195104 2300 65526 SH SOLE 7185 0 58341 Royal Dutch Shell PLC Sponsore COM 780259206 4549 69904 SH SOLE 4590 0 65314 Royal Gold Inc COM 780287108 1090 10640 SH SOLE 0 0 10640 SPDR Bloomberg Barclays 1-3 Mn COM 78468R663 435 4749 SH SOLE 0 0 4749 SPDR Gold Tr ETF COM 78463V107 1339 10051 SH SOLE 0 0 10051 SPDR S&P 500 ETF Tr Unit Ser I COM 78462F103 1138 3885 SH SOLE 0 0 3885 SPDR Ser Tr ETF Bloomberg Barc COM 78468R622 247 2269 SH SOLE 0 0 2269 SSR Mng Inc COM 784730103 482 35230 SH SOLE 0 0 35230 Sabine Royalty Tr Unit Benefic COM 785688102 258 5375 SH SOLE 0 0 5375 Sanofi Aventis Sponsored ADR COM 80105N105 1570 36294 SH SOLE 5105 0 31189 Saracen Mineral Holdings Ltd COM Q8309T109 181 70000 SH SOLE 0 0 70000 Schlumberger Ltd COM 806857108 9921 249649 SH SOLE 5890 0 243759 Semafo Inc Com COM 816922108 339 86000 SH SOLE 0 0 86000 Simon Property Group Inc COM 828806109 4116 25763 SH SOLE 0 0 25763 Southwest Airlines Co COM 844741108 2162 42578 SH SOLE 3270 0 39308 Southwestern Energy Co COM 845467109 112 35400 SH SOLE 0 0 35400 Sprott Physical Gold Trust COM 85207H104 448 39500 SH SOLE 0 0 39500 Sprott Physical Silver Trust COM 85207K107 161 28200 SH SOLE 0 0 28200 State Street Corp COM 857477103 2776 49526 SH SOLE 2770 0 46756 Stonecastle Financial Corp COM 861780104 6201 284392 SH SOLE 2300 0 282092 Sysco Corp COM 871829107 679 9600 SH SOLE 0 0 9600 TC Energy Corp COM 87807B107 1089 21988 SH SOLE 1140 0 20848 TC Pipelines LP Unit Com Ltd P COM 87233Q108 474 12600 SH SOLE 0 0 12600 Tallgrass Energy LP COM 874696107 36271 1718180 SH SOLE 2855 0 1715325 Te Connectivity Ltd COM H84989104 5209 54386 SH SOLE 3215 0 51171 Tekla Healthcare Investors COM 87911J103 765 38080 SH SOLE 2230 0 35850 Templeton Global Income Fund COM 880198106 214 33603 SH SOLE 0 0 33603 Tencent Holdings Ltd Unsp ADR COM 88032Q109 3381 74707 SH SOLE 6305 0 68402 Texas Capital Bancshares COM 88224Q107 859 14000 SH SOLE 0 0 14000 The India Fund Inc COM 454089103 280 13155 SH SOLE 1480 0 11675 Tortoise MLP Fd Inc COM 89148B101 16293 1207748 SH SOLE 0 0 1207748 Trimtabs ETF Tr All Cap Intl F COM 89628W401 726 27532 SH SOLE 0 0 27532 Trimtabs Tr ETF All Cap US Fre COM 89628W302 1666 44776 SH SOLE 0 0 44776 Tristate Capital Holdings Inc COM 89678F100 420 19688 SH SOLE 0 0 19688 UBS Group AG COM H42097107 1065 89905 SH SOLE 3455 0 86450 Unilever N V New York Shs New COM 904784709 1000 16472 SH SOLE 0 0 16472 Unilever PLC Sponsored ADR New COM 904767704 733 11835 SH SOLE 0 0 11835 United Technologies Corp COM 913017109 1293 9931 SH SOLE 0 0 9931 Unitedhealth Group Inc COM 91324P102 234 958 SH SOLE 0 0 958 Valero Energy Corp New COM 91913Y100 206 2405 SH SOLE 0 0 2405 Vaneck Vectors ETF Tr Gold Min COM 92189F106 569 22249 SH SOLE 0 0 22249 Vanguard Index Fund Vanguard S COM 922908751 854 5450 SH SOLE 0 0 5450 Vanguard Index Funds Vanguard COM 922908629 635 3800 SH SOLE 0 0 3800 Vanguard Intermediate ETF Term COM 92206C870 698 7766 SH SOLE 0 0 7766 Vanguard Muni Bd Fds ETF Tax E COM 922907746 678 12780 SH SOLE 0 0 12780 Vanguard REIT ETF COM 922908553 478 5468 SH SOLE 0 0 5468 Vanguard Total Stock Fund COM 922908769 1180 7860 SH SOLE 0 0 7860 Vanguard World Fd Mega Cap 300 COM 921910816 673 5200 SH SOLE 0 0 5200 Ventas Inc COM 92276F100 2458 35959 SH SOLE 0 0 35959 Verizon Communications COM 92343V104 1620 28364 SH SOLE 0 0 28364 Visa Inc Cl A COM 92826C839 3014 17369 SH SOLE 0 0 17369 Vodafone Group PLC New Sponsor COM 92857W308 241 14735 SH SOLE 0 0 14735 Voya Emerging Markets High Div COM 92912P108 875 112761 SH SOLE 5585 0 107176 W W Grainger Inc COM 384802104 805 3000 SH SOLE 0 0 3000 Wal-Mart DE Mexico Lj9 Sab DE COM P98180188 41 14861 SH SOLE 0 0 14861 Wal-Mart Stores Inc COM 931142103 334 3020 SH SOLE 0 0 3020 Walt Disney Company COM 254687106 3045 21805 SH SOLE 575 0 21230 Waste Management Inc Del COM 94106L109 1061 9198 SH SOLE 0 0 9198 Weatherford International PLC COM G48833100 2 48000 SH SOLE 0 0 48000 Wells Fargo & Co New COM 949746101 1767 37332 SH SOLE 255 0 37077 Western Asset High Income Oppo COM 95766K109 51 10000 SH SOLE 0 0 10000 Western Union Co COM 959802109 3032 152438 SH SOLE 0 0 152438 Westpac Banking Ltd Spons ADR COM 961214301 1002 50272 SH SOLE 3110 0 47162 Wheaton Precious Metals Corp COM 962879102 390 16136 SH SOLE 0 0 16136 Williams Companies Inc COM 969457100 5383 191977 SH SOLE 0 0 191977 Williams Sonoma Inc COM 969904101 2432 37418 SH SOLE 0 0 37418 Wyndham Hotels & Resorts Inc COM 98311A105 1613 28935 SH SOLE 3370 0 25565 Yum Brands Inc COM 988498101 268 2426 SH SOLE 0 0 2426 Zoetis Inc Cl A COM 98978V103 373 3290 SH SOLE 0 0 3290 eBay Inc COM 278642103 3682 93215 SH SOLE 6575 0 86640 iShares ETF Russell 1000 Growt COM 464287614 231 1465 SH SOLE 0 0 1465 iShares ETF Russell Midcap Gro COM 464287481 282 1980 SH SOLE 0 0 1980 iShares Silver Tr COM 46428Q109 173 12070 SH SOLE 0 0 12070 iShares Trust Barclays 20 Year COM 464287432 105987 798033 SH SOLE 0 0 798033 AGNC Investment Corp Pfd 7 Fi PFD 00123Q500 2040 78450 SH SOLE 0 0 78450 Allstate 6.625 Pfd Ser E QDI PFD 020002879 2840 111885 SH SOLE 0 0 111885 Annaly Cap Mgmt 6.95 Pfd Fix/ PFD 035710870 1200 47250 SH SOLE 0 0 47250 Aspen Ins Ltd Fxd/Fltg Perp Pf PFD G05384154 693 26732 SH SOLE 0 0 26732 BB&T Corp Non-Cum Perp Pfd D 5 PFD 054937206 4303 170064 SH SOLE 1795 0 168269 BB&T Corp Non-Cum Perp Pfd G 5 PFD 054937800 227 9147 SH SOLE 0 0 9147 Banc of Cal. Non-Cum Perp Pfd PFD 05990K874 2186 82790 SH SOLE 0 0 82790 Bank of America Series L Pfd 7 PFD 060505682 9508 6930 SH SOLE 35 0 6895 Cowen Inc Senior Note Pfd 7.35 PFD 223622705 684 26775 SH SOLE 0 0 26775 Crestwood Equity Partners Perp PFD 226344307 884 95000 SH SOLE 0 0 95000 Flaherty & Crumrine Pfd Income PFD 33848E106 133 11355 SH SOLE 0 0 11355 GMAC Capital Trust I Var Ser 2 PFD 361860208 1341 51310 SH SOLE 1665 0 49645 Gabelli Dvd & Inc Tr Perp Ser PFD 36242H880 381 15000 SH SOLE 0 0 15000 Gaslog Partners Fix/Flt Pfd A PFD Y2687W116 1795 73495 SH SOLE 0 0 73495 Gold Sachs Flt Non-Cum Perp Pf PFD 38143Y665 1255 65285 SH SOLE 0 0 65285 Gold Sachs Flt Non-Cum Perp Pf PFD 38144X609 299 14775 SH SOLE 0 0 14775 Gold Sachs Flt Non-Cum Perp Pf PFD 38144G804 4714 234895 SH SOLE 2025 0 232870 JPMorgan Chase Non-Cum Perp Pf PFD 46637G124 226 8710 SH SOLE 0 0 8710 Keycorp Perp Pfd 5.65 non Cum PFD 493267876 3894 152990 SH SOLE 0 0 152990 Merchants Bancorp Fx/Flt A Per PFD 58844R405 2679 99550 SH SOLE 0 0 99550 Morgan Stan Fix/Flt Non-Cum Pe PFD 61763E207 5402 196856 SH SOLE 1605 0 195251 New York Banc Fix/Flt Perp Pfd PFD 649445202 327 12780 SH SOLE 0 0 12780 Nustar Logistics L.P. Due 2043 PFD 67059T204 2064 82430 SH SOLE 0 0 82430 Regions Fin. A Non-Cum Perp Pf PFD 7591EP308 5580 219863 SH SOLE 1795 0 218068 Regions Fin. B Fx/Flt Perp Pfd PFD 7591EP506 321 11725 SH SOLE 0 0 11725 Renaissancere Pfd F 5.75 QDI PFD 75968N309 1450 56045 SH SOLE 0 0 56045 Synovus Finl Crp Fix/Flt PerpP PFD 87161C600 1036 40207 SH SOLE 0 0 40207 TX Cap Bancshs 6.5 Non-Cum Pe PFD 882228406 1453 55700 SH SOLE 0 0 55700 TX Cap Bancshs 6.5 Pfd Note D PFD 882228307 650 24600 SH SOLE 0 0 24600 Tristate Cap. Fix/Flt Pfd A Pe PFD 89678F209 2426 91200 SH SOLE 0 0 91200 Valley Natl Bancrp Perp Ser B, PFD 919794305 942 36725 SH SOLE 0 0 36725 Wells Fargo & CO 7.5 Perp Con PFD 949746804 6064 4445 SH SOLE 0 0 4445 Hycroft Mng Corp Wts Exp 10/22 WT 448629113 1 10084 SH SOLE 0 0 10084 Redwood Trust Inc CONV 758075AD7 7299 7340000 PRN SOLE 0 0 7340000 Blackstone / Gso Senior Floati FDSTX 09256U105 1076 63752 SH SOLE 0 0 63752 Eaton Vance Senior Floating Ra FDSTX 27828Q105 933 71300 SH SOLE 0 0 71300 Invesco Bulletshares 2019 Hi Y FDSTX 46138J403 628 26223 SH SOLE 0 0 26223 Invesco Bulletshares 2020 Hi Y FDSTX 46138J601 643 26699 SH SOLE 0 0 26699 Invesco Bulletshares 2021 Hi Y FDSTX 46138J809 304 12313 SH SOLE 0 0 12313 Invesco Bulletshares 2022 Hi Y FDSTX 46138J874 986 40225 SH SOLE 0 0 40225 Invesco S&P High Income Infras FDSTX 46138E255 390 14615 SH SOLE 0 0 14615 Nuveen Preferred Securities In FDSTX 67072C105 2736 288016 SH SOLE 0 0 288016