The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AAR CORP CV SR UNSEC NT 000361AM7 14,934 15,000,000 PRN   DFND 1,2,3,4 15,000,000 0 0
ACCURAY INC CV SR UNSEC NT PNC 004397AB1 6,845 7,140,000 PRN   DFND 1,2,3,4 7,140,000 0 0
ADVANCED MICRO DEVICES CV SR UNSEC NT 007903AL1 20,189 19,667,000 PRN   DFND 1,2,3,4 19,667,000 0 0
AFFILIATED MANAGERS GROUP CV SR UNSEC NT 008252AL2 919 712,000 PRN   DFND 1,2,3,4 712,000 0 0
AFFYMETRIX INC CV SR UNSEC NT PNC 00826TAH1 11,663 11,650,000 PRN   DFND 1,2,3,4 11,650,000 0 0
ALCATEL-LUCENT USA INC CV SR UNSEC NT SER A 2.75% MULTI-CPN PNC 549463AG2 13,052 13,318,000 PRN   DFND 1,2,3,4 13,318,000 0 0
ALERE INC 3% CV CUM PFD PERP SER B 01449J204 42,930 190,800 SH   DFND 1,2,3,4 190,800 0 0
ALLIANCE HEALTHCARE SERVICES COMMON STOCK 018606301 74,392 4,756,490 SH   DFND 1,2,3,4 4,756,490 0 0
ALLIANCE ONE INTL INC CV SR SUB NT 018772AQ6 9,006 8,876,000 PRN   DFND 1,2,3,4 8,876,000 0 0
ALPHA NATURAL RESOURCES CV SR UNSEC NT 02076XAE2 10,130 11,750,000 PRN   DFND 1,2,3,4 11,750,000 0 0
ALPHA NATURAL RESOURCES CV SR UNSEC NT 02076XAA0 1,507 1,640,000 PRN   DFND 1,2,3,4 1,640,000 0 0
AMERICAN INTERNATIONAL GROUP COMMON STOCK 026874784 28,832 645,000 SH   DFND 1,2,3,4 645,000 0 0
AMTRUST FINANCIAL SERVICES INC CV SR UNSEC NT 032359AC5 10,027 7,142,000 PRN   DFND 1,2,3,4 7,142,000 0 0
ANNALY CAPITAL MGMT CV SR UNSEC NT 035710AB8 19,119 18,916,000 PRN   DFND 1,2,3,4 18,916,000 0 0
APOLLO GLOBAL MANAGEMENT - A COMMON STOCK 037612306 30,125 1,250,000 SH   DFND 1,2,3,4 1,250,000 0 0
ARCELORMITTAL CV SR UNSEC NT 03938LAK0 14,940 14,500,000 PRN   DFND 1,2,3,4 14,500,000 0 0
ARCELORMITTAL MAND 6% CV SR SUB NT L0302D178 35,288 1,880,000 PRN   DFND 1,2,3,4 1,880,000 0 0
ARES CAPITAL CORP CV SR UNSEC NT 04010LAG8 6,637 6,250,000 PRN   DFND 1,2,3,4 6,250,000 0 0
AV HOMES INC CV SR UNSEC NT 053494AG5 9,277 8,835,000 PRN   DFND 1,2,3,4 8,835,000 0 0
BALTIC TRADING LTD COMMON STOCK Y0553W103 4,834 1,303,000 SH   DFND 1,2,3,4 1,303,000 0 0
BGC PARTNERS INC CV SR UNSEC NT 05541TAD3 18,956 18,676,000 PRN   DFND 1,2,3,4 18,676,000 0 0
BOTTOMLINE TECHNOLOGIES CV SR UNSEC NT 101388AA4 21,255 19,250,000 PRN   DFND 1,2,3,4 19,250,000 0 0
BPZ RESOURCES INC CV SR UNSEC NT PNC 055639AB4 28,151 34,665,000 PRN   DFND 1,2,3,4 34,665,000 0 0
BRISTOW GROUP INC CV SR UNSEC NT 110394AC7 13,491 11,545,000 PRN   DFND 1,2,3,4 11,545,000 0 0
BROOKDALE SENIOR LIVING CV SR UNSEC NT 112463AA2 86,184 72,975,000 PRN   DFND 1,2,3,4 72,975,000 0 0
CADENCE DESIGN SYS INC CV SR UNSEC NT SER-B 127387AF5 8,014 8,000,000 PRN   DFND 1,2,3,4 8,000,000 0 0
CAESARS ENTERTAINMENT CORP COMMON STOCK 127686103 28,457 2,077,157 SH   DFND 1,2,3,4 2,077,157 0 0
CEMEX SAB DE CV CV SUB NT 151290AV5 86,601 75,077,000 PRN   DFND 1,2,3,4 75,077,000 0 0
Cemex SA-Sponsored ADR Cemex SA-Sponsored ADR 151290889 1,175 111,084 SH   DFND 1,2,3,4 111,084 0 0
CENTRAL EURO MEDIA ENTER CV SEC NT 153443AH9 8,386 8,695,000 PRN   DFND 1,2,3,4 8,695,000 0 0
CHARTER COMMUNICATION-A COMMON STOCK 16117M305 244,430 1,973,595 SH   DFND 1,2,3,4 1,973,595 0 0
CHESAPEAKE ENERGY CORP CV SR UNSEC NT CPDI 165167BZ9 13,264 14,000,000 PRN   DFND 1,2,3,4 14,000,000 0 0
CHESAPEAKE ENERGY CORP CV SR UNSEC NT CPDI 165167BW6 3,992 4,000,000 PRN   DFND 1,2,3,4 4,000,000 0 0
CHIQUITA BRANDS INTL CV SR UNSEC NT PNC 170032AT3 17,737 18,500,000 PRN   DFND 1,2,3,4 18,500,000 0 0
Cia Brasileira de Distribuicao Grupo Pao Cia Brasileira de Distribuicao Grupo Pao 20440T201 6,534 143,739 SH   DFND 1,2,3,4 143,739 0 0
COBALT INTL ENERGY INC CV SR UNSEC NT 19075FAA4 155,532 146,500,000 PRN   DFND 1,2,3,4 99,999,999 0 0
COLONY FINANCIAL INC CV SR UNSEC NT REIT PNC 19624RAA4 33,894 33,520,000 PRN   DFND 1,2,3,4 33,520,000 0 0
COMMONWEALTH REIT 6.5% CV PERP PFD SER-D REIT 203233408 13,526 586,829 SH   DFND 1,2,3,4 586,829 0 0
COMPANHIA DE BEBIDAS SPON ADR PFD COMPANHIA DE BEBIDAS SPON ADR PFD 20441W203 1,370 36,688 SH   DFND 1,2,3,4 36,688 0 0
COMPANIA DE MINAS BUEN SPON ADR SER B COMPANIA DE MINAS BUEN SPON ADR SER B 204448104 3,710 251,327 SH   DFND 1,2,3,4 251,327 0 0
CONSTELLIUM NV- CLASS A COMMON STOCK N22035104 5,347 331,082 SH   DFND 1,2,3,4 331,082 0 0
CRIMSON EXPLORATION INC COMMON STOCK 22662K207 43,780 15,524,819 SH   DFND 1,2,3,4 15,524,819 0 0
CUMULUS MEDIA INC-CL A COMMON STOCK 231082108 13,512 3,985,983 SH   DFND 1,2,3,4 3,985,983 0 0
DEALERTRACK TECHNOLOGIES CV SR UNSEC NT 242309AB8 30,122 26,000,000 PRN   DFND 1,2,3,4 26,000,000 0 0
DELPHI AUTOMOTIVE PLC COMMON STOCK G27823106 152,070 3,000,000 SH   DFND 1,2,3,4 3,000,000 0 0
DFC GLOBAL CORP CV SR UNSEC NT 256664AC7 27,104 26,190,000 PRN   DFND 1,2,3,4 26,190,000 0 0
DOLLAR FINANCIAL CORP CV SR UNSEC NT 256664AB9 7,811 7,880,000 PRN   DFND 1,2,3,4 7,880,000 0 0
DRYSHIPS INC CV SR UNSEC NT 262498AB4 16,088 18,000,000 PRN   DFND 1,2,3,4 18,000,000 0 0
DYNEGY INC COMMON STOCK 26817R108 175,912 7,800,986 SH   DFND 1,2,3,4 7,800,986 0 0
E*TRADE FINANCIAL CORP COMMON STOCK 269246401 11,078 875,000 SH   DFND 1,2,3,4 875,000 0 0
ENDO HEALTH SOLUTIONS IN CV SR SUB NT 29264FAB2 4,522 3,360,000 PRN   DFND 1,2,3,4 3,360,000 0 0
EPR PROPERTIES 5.75% CV PERP PFD SER-C REIT PNC 26884U208 20,375 887,821 SH   DFND 1,2,3,4 887,821 0 0
EPR PROPERTIES 9% CV PERP PFD SER-E REIT PNC 26884U307 3,454 107,500 SH   DFND 1,2,3,4 107,500 0 0
EXCO RESOURCES INC COMMON STOCK 269279402 280,991 36,778,946 SH   DFND 1,2,3,4 36,778,946 0 0
FIRST BANCORP PUERTO RICO COMMON STOCK 318672706 358,846 50,684,485 SH   DFND 1,2,3,4 50,684,485 0 0
FIVE STAR QUALITY CARE INC CV SR UNSECD NT 33832DAB2 5,322 5,300,000 PRN   DFND 1,2,3,4 5,300,000 0 0
FOREST CITY ENTERPRISES CV SR UNSEC NT PNC 345550AP2 73,345 65,171,000 PRN   DFND 1,2,3,4 65,171,000 0 0
FURNITURE BRANDS INTL INC COMMON STOCK 360921209 1,486 371,428 SH   DFND 1,2,3,4 371,428 0 0
GENCO SHIPPING & TRADING LTD COMMON STOCK Y2685T107 2,465 1,512,532 SH   DFND 1,2,3,4 1,512,532 0 0
GENERAL CABLE CORP CV SR UNSEC NT 369300AD0 11,511 11,495,000 PRN   DFND 1,2,3,4 11,495,000 0 0
GENESEE & WYOMING INC 5% CV MAND PFD EQUITY UNITS 371559204 51,253 427,500 SH   DFND 1,2,3,4 427,500 0 0
GETTY REALTY CORP COMMON STOCK REIT 374297109 29,369 1,422,221 SH   DFND 1,2,3,4 1,422,221 0 0
GLOBALSTAR INC CV SR UNSEC NT (5.75% CASH/ 2.25% PIK) 378973AD3 2,027 2,116,000 PRN   DFND 1,2,3,4 2,116,000 0 0
GOLDCORP INC CV SR UNSEC NT 380956AB8 7,059 6,968,000 PRN   DFND 1,2,3,4 6,968,000 0 0
Goldcorp Inc Goldcorp Inc 380956409 3,423 138,410 SH   DFND 1,2,3,4 138,410 0 0
GOLDEN STAR RESOURCES CV SR UNSEC NT 38119TAE4 3,348 5,000,000 PRN   DFND 1,2,3,4 5,000,000 0 0
GOODRICH PETROLEUM CORP CV SR UNSEC NT 382410AC2 12,124 12,104,000 PRN   DFND 1,2,3,4 12,104,000 0 0
GREEN PLAINS RENEWABLE ENERGY CV SR UNSEC NT PNC 393222AB0 2,302 2,000,000 PRN   DFND 1,2,3,4 2,000,000 0 0
GREENBRIER COS INC CV SR UNSEC NT 393657AH4 11,647 11,250,000 PRN   DFND 1,2,3,4 11,250,000 0 0
GROUP 1 AUTOMOTIVE INC CV SR UNSEC NT (PNC) 398905AE9 45,890 38,202,000 PRN   DFND 1,2,3,4 38,202,000 0 0
Grupo Financiero Santander Mex Grupo Financiero Santander Mex 40053C105 4,274 300,800 SH   DFND 1,2,3,4 300,800 0 0
GRUPO TELEVISA SA DE SPN ADR REPORD GRUPO TELEVISA SA DE SPN ADR REPORD 40049J206 1,406 56,600 SH   DFND 1,2,3,4 56,600 0 0
GT ADV TECHNOLOGIES INC CV SR UNSEC NT 36191UAA4 18,895 22,000,000 PRN   DFND 1,2,3,4 22,000,000 0 0
HANWHA SOLARONE CO LTD CV SR UNSEC NT 83415UAB4 16,414 19,310,000 PRN   DFND 1,2,3,4 19,310,000 0 0
HAWAIIAN HOLDINGS INC CV SR UNSEC NT 419879AD3 3,424 3,117,000 PRN   DFND 1,2,3,4 3,117,000 0 0
HDFC Bank Ltd. ADR HDFC Bank Ltd. ADR 40415F101 1,532 42,267 SH   DFND 1,2,3,4 42,267 0 0
HEADWATERS INC CV SR SUB NT 42210PAR3 7,671 6,846,000 PRN   DFND 1,2,3,4 6,846,000 0 0
HEARTWARE INTERNATIONAL CV SR UNSEC NT 422368AA8 38,286 30,625,000 PRN   DFND 1,2,3,4 30,625,000 0 0
HELIX ENERGY SOLUTIONS CV SR UNSEC NT CPDI 42330PAG2 52,806 41,392,000 PRN   DFND 1,2,3,4 41,392,000 0 0
HOLOGIC INC CV SR UNSEC NT 2% MULTI-CPN CPDI 436440AC5 46,358 46,575,000 PRN   DFND 1,2,3,4 46,575,000 0 0
HOLOGIC INC CV SR UNSEC NT SER-2010 CPDI 436440AB7 29,379 26,179,000 PRN   DFND 1,2,3,4 26,179,000 0 0
HOLOGIC INC CV SR UNSEC NT MULTI-CPN 436440AG6 9,709 9,404,000 PRN   DFND 1,2,3,4 9,404,000 0 0
HOME INNS HTL MNGMT INC CV SR UNSEC NT 43713WAB3 11,083 12,474,000 PRN   DFND 1,2,3,4 12,474,000 0 0
HUTCHINSON TECHNOLOGY CV SR UNSEC NT 448407AG1 3,970 4,000,000 PRN   DFND 1,2,3,4 4,000,000 0 0
ICAHN ENTERPRISES LP CV SR UNSEC FRN PNC 451102AB3 5,023 5,000,000 PRN   DFND 1,2,3,4 5,000,000 0 0
ICONIX BRAND GROUP INC CV SR SUB NT 451055AE7 17,460 15,305,000 PRN   DFND 1,2,3,4 15,305,000 0 0
INSULET CORPORATION CV SR UNSEC NT PNC 45784PAC5 20,016 15,199,000 PRN   DFND 1,2,3,4 15,199,000 0 0
INTEGRA LIFESCIENCES HLD CV SR UNSEC NT 457985AK5 5,630 5,733,000 PRN   DFND 1,2,3,4 5,733,000 0 0
INTEL CORP CV JR SUB NT CPDI PNC 458140AD2 50,529 46,225,000 PRN   DFND 1,2,3,4 46,225,000 0 0
INTEL CORP CV JR SUB NT PNC CPDI 458140AF7 42,188 33,000,000 PRN   DFND 1,2,3,4 33,000,000 0 0
INTERMUNE INC CV SR UNSEC NT PNC 45884XAE3 8,306 9,992,000 PRN   DFND 1,2,3,4 9,992,000 0 0
INTEROIL CORP CV SR UNSEC NT PNC 460951AC0 6,176 6,400,000 PRN   DFND 1,2,3,4 6,400,000 0 0
Itau Unibanco Holding SA Itau Unibanco Holding SA 465562106 1,454 112,569 SH   DFND 1,2,3,4 112,569 0 0
JAKKS PACIFIC INC CV SR UNSEC NT 47012EAD8 4,892 4,750,000 PRN   DFND 1,2,3,4 4,750,000 0 0
JEFFERIES GROUP LLC CV SR UNSEC NT PNC 472319AG7 4,527 4,236,000 PRN   DFND 1,2,3,4 4,236,000 0 0
JINKOSOLAR HOLDING CO LT CV SR UNSEC NT 144A 47759TAA8 8,386 12,153,000 PRN   DFND 1,2,3,4 12,153,000 0 0
KB HOME CV SR UNSEC NT 48666KAS8 31,098 29,500,000 PRN   DFND 1,2,3,4 29,500,000 0 0
KNIGHT CAPITAL GROUP INC CV SR SUB NT 499005AE6 14,700 14,659,000 PRN   DFND 1,2,3,4 14,659,000 0 0
LAM RESEARCH CORP CV SR UNSEC NT 512807AJ7 56,230 53,200,000 PRN   DFND 1,2,3,4 53,200,000 0 0
LEAP WIRELESS INTL INC CV SR UNSEC NT 521863AL4 10,516 10,386,000 PRN   DFND 1,2,3,4 10,386,000 0 0
LEVEL 3 COMMUNICATIONS INC COMMON STOCK NEW 52729N308 21,080 1,000,000 SH   DFND 1,2,3,4 1,000,000 0 0
MANNKIND CORP CV SR UNSEC NT 56400PAA0 7,042 7,378,000 PRN   DFND 1,2,3,4 7,378,000 0 0
MCMORAN EXPLORATION CO CV SR UNSEC NT PNC 582411AM6 1,811 1,750,000 PRN   DFND 1,2,3,4 1,750,000 0 0
MENTOR GRAPHICS CORP CV SUB UNSEC NT 587200AK2 53,316 43,806,000 PRN   DFND 1,2,3,4 43,806,000 0 0
MERITAGE HOMES CORP CV SR UNSEC NT 59001AAR3 32,459 29,650,000 PRN   DFND 1,2,3,4 29,650,000 0 0
MERITOR INC CV SR UNSEC STEP CPN NT 043353AH4 16,881 18,878,000 PRN   DFND 1,2,3,4 18,878,000 0 0
MGIC INVESTMENT CORP CV SR UNSEC NT 552848AE3 44,962 39,500,000 PRN   DFND 1,2,3,4 39,500,000 0 0
MGIC INVESTMENT CORP COMMON STOCK 552848103 72,840 12,000,000 SH   DFND 1,2,3,4 12,000,000 0 0
MGIC INVESTMENT CORP CV SR UNSEC NT 552848AD5 11,266 10,935,000 PRN   DFND 1,2,3,4 10,935,000 0 0
MGM RESORTS INTL CV SR UNSEC NT 55303QAE0 102,644 91,865,000 PRN   DFND 1,2,3,4 91,865,000 0 0
Mobile Telesystems OJSC Mobile Telesystems OJSC 607409109 1,075 56,753 SH   DFND 1,2,3,4 56,753 0 0
MOLYCORP INC CV SR UNSEC NT PNC 608753AF6 5,881 7,800,000 PRN   DFND 1,2,3,4 7,800,000 0 0
MORGANS HOTEL GROUP CO CV SR SUB NT 61748WAB4 10,081 10,177,000 PRN   DFND 1,2,3,4 10,177,000 0 0
NAVISTAR INTL CORP CV SR SUB NT 63934EAL2 12,219 12,550,000 PRN   DFND 1,2,3,4 12,550,000 0 0
NEWMONT MINING CORP CV SR UNSEC NT SER-B 651639AJ5 16,497 15,400,000 PRN   DFND 1,2,3,4 15,400,000 0 0
NOVAGOLD RESOURCES INC CV SR UNSEC NT 66987EAA5 6,362 6,350,000 PRN   DFND 1,2,3,4 6,350,000 0 0
NRG ENERGY INC COMMON STOCK 629377508 35,378 1,325,000 SH   DFND 1,2,3,4 1,325,000 0 0
NUVASIVE INC CV SR UNSEC NT 670704AC9 13,343 13,500,000 PRN   DFND 1,2,3,4 13,500,000 0 0
NY COMMUNITY CAP TRUST V 6% CV PFD (BONUSES) PNC 64944P307 7,200 150,000 SH   DFND 1,2,3,4 150,000 0 0
OLD REPUBLIC INTL CORP CV SR UNSEC NT 680223AH7 29,575 26,023,000 PRN   DFND 1,2,3,4 26,023,000 0 0
OMNICARE INC CV SR SUB NT CPDI PNC 681904AP3 91,574 73,560,000 PRN   DFND 1,2,3,4 73,560,000 0 0
OMNICARE INC CV SR UNSEC NT SER-OCR CPDI 681904AL2 10,498 10,154,000 PRN   DFND 1,2,3,4 10,154,000 0 0
ON SEMICONDUCTOR CORP CV SR SUB NT SER-B 682189AH8 68,079 58,945,000 PRN   DFND 1,2,3,4 58,945,000 0 0
ORBOTECH LTD COMMON STOCK M75253100 17,416 1,400,000 SH   DFND 1,2,3,4 1,400,000 0 0
PETROLEO BRASILEIRO SA SPONSORED ADR PETROLEO BRASILEIRO SA SPONSORED ADR 71654V408 8,017 597,830 SH   DFND 1,2,3,4 597,830 0 0
PHOTRONICS INC CV SR UNSEC NT 719405AH5 35,914 32,758,000 PRN   DFND 1,2,3,4 32,758,000 0 0
Posco Posco 693483109 964 14,809 SH   DFND 1,2,3,4 14,809 0 0
PREFORMED LINE PRODUCTS CO COMMON STOCK 740444104 6,975 105,181 SH   DFND 1,2,3,4 105,181 0 0
PRICELINE.COM INC CV SR UNSEC NT 741503AQ9 23,079 19,825,000 PRN   DFND 1,2,3,4 19,825,000 0 0
PROSPECT CAPITAL CORP CV SR UNSEC NT 74348TAD4 11,900 11,272,000 PRN   DFND 1,2,3,4 11,272,000 0 0
PROSPECT CAPITAL CORP CV SR UNSEC NT 74348TAK8 3,112 3,000,000 PRN   DFND 1,2,3,4 3,000,000 0 0
PROVIDENCE SERVICE CORP CV SR SUB NT 743815AB8 14,851 13,882,000 PRN   DFND 1,2,3,4 13,882,000 0 0
PULSE ELECTRONICS CORP COMMON STOCK 74586W205 10,073 3,844,659 SH   DFND 1,2,3,4 3,844,659 0 0
RADIAN GROUP INC CV SR UNSEC NT PNC 750236AN1 24,259 18,750,000 PRN   DFND 1,2,3,4 18,750,000 0 0
REDWOOD TRUST INC CV SR UNSEC NT REIT 758075AB1 41,950 42,250,000 PRN   DFND 1,2,3,4 42,250,000 0 0
RF MICRO DEVICES INC CV SUB NT 749941AJ9 4,050 4,000,000 PRN   DFND 1,2,3,4 4,000,000 0 0
RTI INTERNATIONAL METALS CV SR UNSEC NT 74973WAB3 38,935 41,100,000 PRN   DFND 1,2,3,4 41,100,000 0 0
RTI INTERNATIONAL METALS CV SR UNSEC NT 74973WAA5 38,807 35,475,000 PRN   DFND 1,2,3,4 35,475,000 0 0
RYLAND GROUP CV SR UNSEC NT PNC 783764AS2 19,101 21,000,000 PRN   DFND 1,2,3,4 21,000,000 0 0
SAFEWAY INC COMMON STOCK 786514208 11,830 500,000 SH   DFND 1,2,3,4 500,000 0 0
SALIX PHARMACEUTICALS LTD CV SR UNSEC NT 795435AE6 136,105 113,465,000 PRN   DFND 1,2,3,4 99,999,999 0 0
SANDISK CORP CV SR UNSEC NT 80004CAD3 92,441 68,930,000 PRN   DFND 1,2,3,4 68,930,000 0 0
Sociedad Quimica y Minera de Chi Sociedad Quimica y Minera de Chi 833635105 902 22,325 SH   DFND 1,2,3,4 22,325 0 0
STARWOOD PROPERTY TRUST CV SR UNSEC NT REIT 85571BAA3 20,651 20,000,000 PRN   DFND 1,2,3,4 20,000,000 0 0
STERLITE INDUSTRIES LTD CV SR UNSEC NT PNC 859737AB4 19,021 19,586,000 PRN   DFND 1,2,3,4 19,586,000 0 0
STILLWATER MINING COMPANY CV SR UNSEC NT 86074QAL6 20,271 19,432,000 PRN   DFND 1,2,3,4 19,432,000 0 0
STONE ENERGY CORP CV SR UNSEC NT 861642AN6 16,255 17,491,000 PRN   DFND 1,2,3,4 17,491,000 0 0
TAIWAN SEMICONDUCTOR SPONSORED ADR TAIWAN SEMICONDUCTOR SPONSORED ADR 874039100 1,916 104,598 SH   DFND 1,2,3,4 104,598 0 0
TAKE-TWO INTERACTIVE SOFTWARE CV SR UNSEC NT 874054AC3 33,005 29,828,000 PRN   DFND 1,2,3,4 29,828,000 0 0
TAKE-TWO INTERACTIVE SOFTWARE CV SR UNSEC NT 874054AD1 24,394 25,000,000 PRN   DFND 1,2,3,4 25,000,000 0 0
Tata Motors Tata Motors 876568502 6,441 274,800 SH   DFND 1,2,3,4 274,800 0 0
TELEF BRASIL TELEF BRASIL 87936R106 6,520 285,700 SH   DFND 1,2,3,4 285,700 0 0
TESLA MOTORS INC CV SR UNSEC NT 88160RAA9 111,722 98,400,000 PRN   DFND 1,2,3,4 98,400,000 0 0
TITAN MACHINERY INC CV SR UNSEC NT 88830RAB7 10,157 10,784,000 PRN   DFND 1,2,3,4 10,784,000 0 0
TMS INTERNATIONAL CORP-A COMMON STOCK 87261Q103 20,501 1,382,425 SH   DFND 1,2,3,4 1,382,425 0 0
TOWER GROUP INTL LTD CV SR UNSEC NT 891777AC8 12,920 11,949,000 PRN   DFND 1,2,3,4 11,949,000 0 0
TTM TECHNOLOGIES CV SR UNSEC NT 87305RAC3 16,743 16,643,000 PRN   DFND 1,2,3,4 16,643,000 0 0
TURKCELL ILETISIM HIZM SPONSORED ADR TURKCELL ILETISIM HIZM SPONSORED ADR 900111204 915 63,696 SH   DFND 1,2,3,4 63,696 0 0
UNITED TECHNOLOGIES CORP 7.50% CV MAND PFD EQUITY UNITS 913017117 39,471 664,950 SH   DFND 1,2,3,4 664,950 0 0
US STEEL CORP CV SR UNSEC NT PNC 912909AH1 31,862 32,100,000 PRN   DFND 1,2,3,4 32,100,000 0 0
US STEEL CORP CV SR UNSEC NT 912909AE8 12,345 12,000,000 PRN   DFND 1,2,3,4 12,000,000 0 0
Vale S.A. PFD Vale S.A. PFD 91912E204 10,282 845,600 SH   DFND 1,2,3,4 845,600 0 0
VECTOR GROUP LTD CV SR UNSEC VARIABLE NT CPDI 92240MAY4 25,560 21,185,000 PRN   DFND 1,2,3,4 21,185,000 0 0
VISHAY INTERTECHNOLOGY INC COMMON STOCK 928298108 38,198 2,750,000 SH   DFND 1,2,3,4 2,750,000 0 0
WABASH NATIONAL CORP CV SR UNSEC NT 929566AH0 27,209 21,980,000 PRN   DFND 1,2,3,4 21,980,000 0 0
WALTER INVESTMENT MGMT CV SR SUB NT 93317WAA0 37,139 36,505,000 PRN   DFND 1,2,3,4 36,505,000 0 0
WEBMD HEALTH CORP CV SR UNSEC NT 94770VAF9 16,825 18,074,000 PRN   DFND 1,2,3,4 18,074,000 0 0
WSP HOLDINGS LTD-ADR COMMON STOCK 92934F203 4,353 1,408,800 SH   DFND 1,2,3,4 1,408,800 0 0
XPO LOGISTICS INC CV SR UNSEC NT PNC 983793AA8 28,953 23,440,000 PRN   DFND 1,2,3,4 23,440,000 0 0
YRC WORLDWIDE INC CV SEC 2ND LIEN 10% PIK NT SER-A 984249AB8 10,657 10,500,000 PRN   DFND 1,2,3,4 10,500,000 0 0