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
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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
ABBOTT LABS COM 002824100 6,322 152,000 SH   SOLE 128,400 0 23,600
ABBVIE INC COM 00287Y109 1,952 33,800 SH   SOLE 19,100 0 14,700
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 156 1,920 SH   SOLE 1,920 0 0
ADVANCE AUTO PARTS INC COM 00751Y106 5,811 44,600 SH   SOLE 37,500 0 7,100
AGNICO EAGLE MINES LTD COM 008474108 5,805 199,950 SH   SOLE 166,950 0 33,000
AIR PRODS & CHEMS INC COM 009158106 250 1,920 SH   SOLE 1,920 0 0
ALLIANT ENERGY CORP COM 018802108 5,486 99,000 SH   SOLE 74,400 0 24,600
AMERICAN ELEC PWR INC COM 025537101 1,947 37,300 SH   SOLE 21,000 0 16,300
AMERICAN EXPRESS CO COM 025816109 6,040 69,000 SH   SOLE 58,200 0 10,800
AMERICAN INTL GROUP INC COM NEW 026874784 5,492 101,650 SH   SOLE 85,850 0 15,800
ANADARKO PETE CORP COM 032511107 5,995 59,100 SH   SOLE 49,900 0 9,200
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 7,416 66,900 SH   SOLE 56,100 0 10,800
APACHE CORP COM 037411105 6,740 71,800 SH   SOLE 60,600 0 11,200
APPLE INC COM 037833100 10,335 102,580 SH   SOLE 87,180 0 15,400
ARES CAP CORP COM 04010L103 3,651 225,900 SH   OTR 0 0 225,900
BANK AMER CORP 7.25%CNV PFD L 060505682 10,817 9,435 SH   OTR 0 0 9,435
BARCLAYS BANK PLC ADR PFD SR 5 06739H362 519 20,000 SH   SOLE 20,000 0 0
BARRICK GOLD CORP COM 067901108 1,644 112,150 SH   SOLE 94,550 0 17,600
BLACKROCK KELSO CAPITAL CORP COM 092533108 3,476 407,000 SH   OTR 0 0 407,000
BRISTOL MYERS SQUIBB CO COM 110122108 1,990 38,880 SH   SOLE 26,080 0 12,800
CARTER INC COM 146229109 4,016 51,800 SH   SOLE 43,700 0 8,100
CATERPILLAR INC DEL COM 149123101 281 2,840 SH   SOLE 2,840 0 0
CBS OUTDOOR AMERS INC COM 14987J106 2,867 95,760 SH   SOLE 71,492 0 24,268
CHESAPEAKE ENERGY CORP COM 165167107 9,744 423,800 SH   SOLE 357,700 0 66,100
CHEVRON CORP NEW COM 166764100 7,541 63,200 SH   SOLE 49,800 0 13,400
CISCO SYS INC COM 17275R102 12,059 479,100 SH   SOLE 395,900 0 83,200
CLAYMORE EXCHANGE TRD FD TR GUGG CRP BD 2017 18383M548 141 6,200 SH   SOLE 6,200 0 0
CMS ENERGY CORP COM 125896100 6,890 232,300 SH   SOLE 178,400 0 53,900
COCA COLA CO COM 191216100 4,066 95,300 SH   SOLE 75,000 0 20,300
COMCAST CORP NEW CL A 20030N101 182 3,390 SH   SOLE 3,390 0 0
CONOCOPHILLIPS COM 20825C104 11,868 155,100 SH   SOLE 124,000 0 31,100
CONSOLIDATED EDISON INC COM 209115104 1,323 23,350 SH   SOLE 13,150 0 10,200
COTY INC COM CL A 222070203 3,049 184,200 SH   SOLE 155,400 0 28,800
COVIDIEN PLC SHS G2554F113 179 2,070 SH   SOLE 2,070 0 0
CVS HEALTH CORP COM 126650100 8,503 106,832 SH   SOLE 90,232 0 16,600
DARDEN RESTAURANTS INC COM 237194105 1,856 36,070 SH   SOLE 22,770 0 13,300
DEVON ENERGY CORP NEW COM 25179M103 4,398 64,500 SH   SOLE 54,500 0 10,000
DEVRY ED GROUP INC COM 251893103 64 1,494 SH   SOLE 0 0 1,494
DIAGEO P L C SPON ADR NEW 25243Q205 26,282 227,750 SH   DFND 01 02 0 227,750 0
DIAMOND FOODS INC COM 252603105 5,921 206,975 SH   SOLE 173,475 0 33,500
DOMINION RES INC VA NEW COM 25746U109 4,533 65,600 SH   SOLE 47,700 0 17,900
DOW CHEM CO COM 260543103 217 4,130 SH   SOLE 4,130 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 372 5,190 SH   SOLE 5,190 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 2,203 29,463 SH   SOLE 18,363 0 11,100
E M C CORP MASS COM 268648102 6,542 223,600 SH   SOLE 188,700 0 34,900
EATON CORP PLC SHS G29183103 255 4,024 SH   SOLE 4,024 0 0
EBAY INC COM 278642103 1,928 34,050 SH   SOLE 28,750 0 5,300
ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336T100 3,099 75,000 SH   SOLE 63,400 0 11,600
ENTERGY CORP NEW COM 29364G103 1,755 22,700 SH   SOLE 13,100 0 9,600
EXXON MOBIL CORP COM 30231G102 324 3,440 SH   SOLE 3,440 0 0
FIRST BANCORP P R COM NEW 318672706 37 7,768 SH   OTR 7,768 0 0
FLOWERS FOODS INC COM 343498101 2,695 146,800 SH   SOLE 123,900 0 22,900
GENERAL ELECTRIC CO COM 369604103 348 13,600 SH   SOLE 13,600 0 0
GENERAL ELECTRIC CO COM 369604103 18,294 714,042 SH   DFND 01 02 0 714,042 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 3,976 86,500 SH   SOLE 72,600 0 13,900
GOLDCORP INC NEW COM 380956409 9,347 405,850 SH   SOLE 346,850 0 59,000
GOLDMAN SACHS GROUP INC COM 38141G104 79,130 431,063 SH   DFND 01 02 0 431,063 0
GOLUB CAP BDC INC COM 38173M102 3,714 232,876 SH   OTR 0 0 232,876
HEWLETT PACKARD CO COM 428236103 19,114 538,900 SH   SOLE 453,800 0 85,100
IAMGOLD CORP COM 450913108 997 360,950 SH   SOLE 302,050 0 58,900
INTEL CORP COM 458140100 1,218 34,980 SH   SOLE 24,180 0 10,800
ISHARES EMU ETF 464286608 208 5,400 SH   SOLE 5,400 0 0
ISHARES IBOXX HI YD ETF 464288513 7,302 79,420 SH   SOLE 75,000 0 4,420
ISHARES INTERM CR BD ETF 464288638 515 4,710 SH   SOLE 4,710 0 0
ISHARES MSCI SINGAP ETF 464286673 11,542 865,200 SH   SOLE 688,100 0 177,100
ISHARES U.S. PFD STK ETF 464288687 504 12,752 SH   SOLE 5,502 0 7,250
ISHARES TR 1-3 YR TR BD ETF 464287457 30 350 SH   SOLE 350 0 0
ISHARES TR CORE S&P MCP ETF 464287507 29,276 214,100 SH   SOLE 214,100 0 0
ISHARES TR CORE S&P SCP ETF 464287804 2,567 24,611 SH   OTR 0 0 24,611
ISHARES TR CORE S&P SCP ETF 464287804 2,472 23,700 SH   SOLE 23,700 0 0
ISHARES TR CORE S&P500 ETF 464287200 2,895 14,600 SH   SOLE 13,800 0 800
ISHARES TR MSCI EAFE ETF 464287465 7,332 114,340 SH   SOLE 107,840 0 6,500
ISHARES TR MSCI EMG MKT ETF 464287234 88 2,125 SH   SOLE 2,125 0 0
ISHARES TR RUS 1000 ETF 464287622 396 3,600 SH   SOLE 3,600 0 0
ISHARES TR RUSSELL 3000 ETF 464287689 430 3,680 SH   SOLE 3,680 0 0
ISHARES TR S&P 100 ETF 464287101 2,072 23,500 SH   SOLE 19,500 0 4,000
ISHARES TR SELECT DIVID ETF 464287168 8,867 120,050 SH   SOLE 106,500 0 13,550
JOHNSON & JOHNSON COM 478160104 1,758 16,500 SH   SOLE 9,300 0 7,200
JPMORGAN CHASE & CO COM 46625H100 14,102 234,100 SH   SOLE 188,100 0 46,000
KELLOGG CO COM 487836108 5,414 87,900 SH   SOLE 74,600 0 13,300
KIMBERLY CLARK CORP COM 494368103 424 3,940 SH   SOLE 3,940 0 0
KIMCO RLTY CORP COM 49446R109 332 15,170 SH   SOLE 15,170 0 0
KINDER MORGAN INC DEL COM 49456B101 3,677 95,900 SH   SOLE 75,400 0 20,500
KINROSS GOLD CORP COM NO PAR 496902404 1,450 439,350 SH   SOLE 367,650 0 71,700
KOHLS CORP COM 500255104 7,451 122,100 SH   SOLE 103,200 0 18,900
KRAFT FOODS GROUP INC COM 50076Q106 8,754 155,215 SH   SOLE 122,149 0 33,066
LILLY ELI & CO COM 532457108 2,069 31,900 SH   SOLE 18,600 0 13,300
LOCKHEED MARTIN CORP COM 539830109 2,626 14,370 SH   SOLE 9,670 0 4,700
LOWES COS INC COM 548661107 367 6,930 SH   SOLE 6,930 0 0
MARATHON OIL CORP COM 565849106 6,067 161,400 SH   SOLE 136,500 0 24,900
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 314 14,700 SH   SOLE 3,800 0 10,900
MCDONALDS CORP COM 580135101 3,839 40,500 SH   SOLE 32,500 0 8,000
MEAD JOHNSON NUTRITION CO COM 582839106 11,532 119,850 SH   SOLE 101,150 0 18,700
MEDTRONIC INC COM 585055106 7,063 114,000 SH   SOLE 98,300 0 15,700
MERCK & CO INC NEW COM 58933Y105 2,206 37,220 SH   SOLE 23,420 0 13,800
MICROSOFT CORP COM 594918104 17,061 368,000 SH   SOLE 295,100 0 72,900
MONDELEZ INTL INC CL A 609207105 5,261 153,540 SH   SOLE 131,240 0 22,300
NEWMONT MINING CORP COM 651639106 1,231 53,400 SH   SOLE 27,800 0 25,600
NEXTERA ENERGY INC COM 65339F101 352 3,750 SH   SOLE 3,750 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 238 2,480 SH   SOLE 2,480 0 0
PEPSICO INC COM 713448108 11,413 122,600 SH   SOLE 98,400 0 24,200
PFIZER INC COM 717081103 4,488 151,753 SH   SOLE 115,680 0 36,073
PG&E CORP COM 69331C108 1,466 32,550 SH   SOLE 18,350 0 14,200
PINNACLE WEST CAP CORP COM 723484101 1,579 28,900 SH   SOLE 16,300 0 12,600
PNC FINL SVCS GROUP INC COM 693475105 342 3,995 SH   SOLE 3,995 0 0
POWERSHARES ETF TR II BUILD AMER ETF 73937B407 1,334 44,990 SH   SOLE 44,990 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 9,676 398,500 SH   SOLE 135,500 0 263,000
POWERSHARES GLOBAL ETF TRUST AGG PFD PORT 73936T565 53 3,650 SH   SOLE 0 0 3,650
PPL CORP COM 69351T106 1,774 54,000 SH   SOLE 31,200 0 22,800
PROCTER & GAMBLE CO COM 742718109 14,199 169,560 SH   SOLE 137,660 0 31,900
PUBLIC SVC ENTERPRISE GROUP COM 744573106 1,682 45,150 SH   SOLE 25,450 0 19,700
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 1,934 25,400 SH   SOLE 14,300 0 11,100
SANOFI RIGHT 12/31/2020 80105N113 1 2,000 SH   SOLE 0 0 2,000
SEVENTY SEVEN ENERGY INC COM 818097107 442 18,608 SH   SOLE 18,608 0 0
SOUTHERN CO COM 842587107 9,251 211,930 SH   SOLE 170,030 0 41,900
SPDR GOLD TRUST GOLD SHS 78463V107 6,652 57,235 SH   SOLE 47,135 0 10,100
SPDR S&P 500 ETF TR TR UNIT 78462F103 12,502 63,454 SH   OTR 0 0 63,454
SPDR S&P 500 ETF TR TR UNIT 78462F103 52,459 266,265 SH   SOLE 247,840 0 18,425
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 29,320 117,600 SH   SOLE 117,600 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 5,453 21,870 SH   OTR 0 0 21,870
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 36 900 SH   SOLE 0 0 900
SPDR SERIES TRUST S&P 600 SMCP GRW 78464A201 154 905 SH   SOLE 905 0 0
SPECTRA ENERGY CORP COM 847560109 2,088 53,200 SH   SOLE 30,700 0 22,500
SYMETRA FINL CORP COM 87151Q106 467,740 20,048,879 SH   DFND 01 02 0 20,048,879 0
SYSCO CORP COM 871829107 1,772 46,700 SH   SOLE 26,300 0 20,400
TARGET CORP COM 87612E106 10,599 169,100 SH   SOLE 142,800 0 26,300
THE ADT CORPORATION COM 00101J106 5,441 153,450 SH   SOLE 129,650 0 23,800
TOTAL SYS SVCS INC COM 891906109 3,336 107,750 SH   SOLE 90,950 0 16,800
TRAVELERS COMPANIES INC COM 89417E109 220 2,340 SH   SOLE 2,340 0 0
TYCO INTERNATIONAL LTD SHS H89128104 6,376 143,050 SH   SOLE 119,850 0 23,200
U S G CORP COM NEW 903293405 120,570 4,385,964 SH   DFND 01 02 0 4,385,964 0
UNITED PARCEL SERVICE INC CL B 911312106 314 3,190 SH   SOLE 3,190 0 0
US BANCORP DEL COM NEW 902973304 727,275 17,386,443 SH   DFND 01 02 0 17,386,443 0
US BANCORP DEL COM NEW 902973304 4,401 105,200 SH   SOLE 88,800 0 16,400
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 82 1,000 SH   SOLE 1,000 0 0
VANGUARD INDEX FDS LARGE CAP ETF 922908637 832 9,200 SH   SOLE 5,300 0 3,900
VANGUARD INDEX FDS MID CAP ETF 922908629 11,203 95,500 SH   SOLE 95,500 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 6,915 68,300 SH   SOLE 68,300 0 0
VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF 922042866 1,651 27,834 SH   OTR 0 0 27,834
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 702 8,180 SH   SOLE 8,180 0 0
VERISK ANALYTICS INC CL A 92345Y106 179,872 2,954,050 SH   DFND 01 02 0 2,954,050 0
VERISK ANALYTICS INC CL A 92345Y106 1,766 29,000 SH   SOLE 29,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 4,084 81,700 SH   SOLE 66,700 0 15,000
VISA INC COM CL A 92826C839 203 950 SH   SOLE 950 0 0
WALGREEN CO COM 931422109 8,671 146,300 SH   SOLE 123,200 0 23,100
WAL-MART STORES INC COM 931142103 559,933 7,322,251 SH   DFND 01 02 0 7,322,251 0
WELLS FARGO & CO NEW COM 949746101 1,261,074 24,312,200 SH   DFND 01 02 0 24,312,200 0
WELLS FARGO & CO NEW COM 949746101 6,499 125,310 SH   SOLE 106,410 0 18,900
WELLS FARGO & CO NEW PERP PFD CNV A 949746804 15,963 13,275 SH   OTR 0 0 13,275
XCEL ENERGY INC COM 98389B100 1,587 52,200 SH   SOLE 29,400 0 22,800
ZOETIS INC CL A 98978V103 3,846 104,075 SH   SOLE 87,784 0 16,291