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
DEUTSCHE BANK A G NAMEN AKT D18190898 578 66,168 SH   DFND 1 66,168 0 0
DEUTSCHE BANK A G NAMEN AKT D18190898 539 61,631 SH   DFND   61,631 0 0
ENDO INTL PLC SHS G30401106 91 195,690 SH   DFND 1 195,690 0 0
ENDO INTL PLC SHS G30401106 15 31,500 SH   DFND   31,500 0 0
INVESCO LTD SHS G491BT108 3,952 245,000 SH   DFND 1 245,000 0 0
SIGNET JEWELERS LIMITED SHS G81276100 11,761 220,000 SH   DFND 1 220,000 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128 974 125,000 SH   DFND 1 125,000 0 0
ACUTUS MED INC COM 005111109 336 299,995 SH   DFND 1 299,995 0 0
AMERICAN EAGLE OUTFITTERS IN COM 02553E106 3,019 270,000 SH   DFND 1 270,000 0 0
AMERICAN WOODMARK CORPORATIO COM 030506109 4,812 106,917 SH   DFND 1 106,917 0 0
ANTERO MIDSTREAM CORP COM 03676B102 181 20,000 SH   DFND 1 20,000 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 883 84,600 SH   DFND 1 84,600 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 215 20,554 SH   DFND   20,554 0 0
ARBOR REALTY TRUST INC NOTE 4.750%11/0 038923AP3 4,977 5,000,000 PRN   DFND 1 5,000,000 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 3,013 133,333 SH   DFND 1 133,333 0 0
ARLINGTON ASSET INVST CORP CL A NEW 041356205 2,075 638,342 SH   DFND 1 638,342 0 0
ARLINGTON ASSET INVST CORP CL A NEW 041356205 1,562 480,506 SH   DFND   480,506 0 0
AUDACY INC CL A 05070N103 222 235,834 SH   DFND 1 235,834 0 0
AUGMEDIX INC COM 05105P107 900 500,000 SH   DFND 1 500,000 0 0
BM TECHNOLOGIES INC CL A COM 05591L107 302 51,262 SH   DFND 1 51,262 0 0
BARCLAYS PLC ADR 06738E204 1,528 201,000 SH   DFND 1 201,000 0 0
BARCLAYS PLC ADR 06738E204 1,315 173,000 SH   DFND   173,000 0 0
BIOLIFE SOLUTIONS INC COM NEW 09062W204 363 26,316 SH   DFND 1 26,316 0 0
BLACKSTONE MORTGAGE TRUST IN NOTE 4.750% 3/1 09257WAC4 1,494 1,500,000 PRN   DFND 1 1,500,000 0 0
BLACKSTONE MORTGAGE TRUST IN NOTE 4.750% 3/1 09257WAC4 498 500,000 PRN   DFND   500,000 0 0
BLUE WATER VACCINES INC COM 09610B108 858 403,032 SH   DFND 1 403,032 0 0
BRIGHTHOUSE FINL INC COM 10922N103 425 10,363 SH   DFND 1 10,363 0 0
BRIGHTHOUSE FINL INC COM 10922N103 41 999 SH   DFND   999 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 2,310 30,000 SH   DFND 1 30,000 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 2,310 30,000 SH   DFND   30,000 0 0
CAPITOL FED FINL INC COM 14057J101 330 36,000 SH   DFND 1 36,000 0 0
CITIGROUP INC COM NEW 172967424 14,165 308,000 SH   DFND 1 308,000 0 0
CITIGROUP INC COM NEW 172967424 322 7,000 SH   DFND   7,000 0 0
CLIPPER RLTY INC COM 18885T306 2,872 372,044 SH   DFND 1 372,044 0 0
COGNITION THERAPEUTICS INC COM 19243B102 432 205,000 SH   DFND 1 205,000 0 0
COMCAST CORP NEW CL A 20030N101 8,123 207,000 SH   DFND 1 207,000 0 0
CONOCOPHILLIPS COM 20825C104 629 7,000 SH   DFND   7,000 0 0
CONSOLIDATED COMM HLDGS INC COM 209034107 4,150 592,877 SH   DFND   592,877 0 0
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 226344208 289 12,000 SH   DFND 1 12,000 0 0
CROSSAMERICA PARTNERS LP UT LTD PTN INT 22758A105 233 11,500 SH   DFND 1 11,500 0 0
CURIOSITYSTREAM INC COM CL A 23130Q107 47 27,932 SH   DFND 1 27,932 0 0
DCP MIDSTREAM LP COM UT LTD PTN 23311P100 296 10,000 SH   DFND 1 10,000 0 0
DT MIDSTREAM INC COMMON STOCK 23345M107 245 5,000 SH   DFND 1 5,000 0 0
DIGITALBRIDGE GROUP INC CL A COM 25401T108 1,164 238,515 SH   DFND 1 238,515 0 0
DIGITALBRIDGE GROUP INC CL A COM 25401T108 84 17,233 SH   DFND   17,233 0 0
DISH NETWORK CORPORATION CL A 25470M109 538 30,000 SH   DFND 1 30,000 0 0
ELLINGTON FINANCIAL INC COM 28852N109 1,015 69,166 SH   DFND 1 69,166 0 0
ELLINGTON FINANCIAL INC COM 28852N109 452 30,834 SH   DFND   30,834 0 0
ELOXX PHARMACEUTICALS INC COM 29014R103 400 1,480,000 SH   DFND 1 1,480,000 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 3,229 323,520 SH   DFND 1 323,520 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 772 77,376 SH   DFND   77,376 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 6,019 247,000 SH   DFND 1 247,000 0 0
ENVIVA INC COM 29415B103 572 10,000 SH   DFND 1 10,000 0 0
EOS ENERGY ENTERPRISES INC COM CL A 29415C101 726 599,775 SH   DFND 1 599,775 0 0
EQUITRANS MIDSTREAM CORP COM 294600101 159 25,000 SH   DFND 1 25,000 0 0
FRANCHISE GROUP INC COM 35180X105 24,062 686,115 SH   DFND 1 686,115 0 0
FRANKLIN RESOURCES INC COM 354613101 1,481 63,550 SH   DFND 1 63,550 0 0
FRANKLIN RESOURCES INC COM 354613101 1,296 55,600 SH   DFND   55,600 0 0
FULL HSE RESORTS INC COM 359678109 215 35,331 SH   DFND 1 35,331 0 0
GENERAL MTRS CO COM 37045V100 4,317 135,920 SH   DFND 1 135,920 0 0
GENERAL MTRS CO COM 37045V100 1,718 54,080 SH   DFND   54,080 0 0
GRANITE PT MTG TR INC COM STK 38741L107 375 39,231 SH   DFND 1 39,231 0 0
GRANITE PT MTG TR INC COM STK 38741L107 400 41,790 SH   DFND   41,790 0 0
GRAY TELEVISION INC COM 389375106 9,607 568,797 SH   DFND 1 568,797 0 0
GRAY TELEVISION INC COM 389375106 2,897 171,500 SH   DFND   171,500 0 0
HESS MIDSTREAM LP CL A SHS 428103105 560 20,000 SH   DFND 1 20,000 0 0
IHEARTMEDIA INC COM CL A 45174J509 3,843 487,091 SH   DFND 1 487,091 0 0
JOURNEY MED CORP COM 48115J109 673 180,000 SH   DFND 1 180,000 0 0
KAYNE ANDERSON ENERGY INFRST COM 486606106 4,124 492,098 SH   DFND 1 492,098 0 0
KELLOGG CO COM 487836108 2,772 38,850 SH   DFND 1 38,850 0 0
KEROS THERAPEUTICS INC COM 492327101 279 10,105 SH   DFND 1 10,105 0 0
KOHLS CORP COM 500255104 11,778 330,000 SH   DFND 1 330,000 0 0
KRAFT HEINZ CO COM 500754106 4,195 110,000 SH   DFND 1 110,000 0 0
LCNB CORP COM 50181P100 1,374 91,920 SH   DFND 1 91,920 0 0
LCNB CORP COM 50181P100 25 1,662 SH   DFND   1,662 0 0
LIFEMD INC COM 53216B104 694 340,000 SH   DFND 1 340,000 0 0
MFA FINL INC NOTE 6.250% 6/1 55272XAA0 3,375 3,750,000 PRN   DFND 1 3,750,000 0 0
MFA FINL INC NOTE 6.250% 6/1 55272XAA0 3,600 4,000,000 PRN   DFND   4,000,000 0 0
MPLX LP COM UNIT REP LTD 55336V100 641 22,000 SH   DFND 1 22,000 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 716 15,000 SH   DFND 1 15,000 0 0
MOLSON COORS BEVERAGE CO CL B 60871R209 1,363 25,000 SH   DFND 1 25,000 0 0
MONEYLION INC CL A 60938K106 1,465 1,109,495 SH   DFND 1 1,109,495 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 3,196 350,000 SH   DFND 1 350,000 0 0
NEXSTAR MEDIA GROUP INC CL A 65336K103 37,443 229,882 SH   DFND 1 229,882 0 0
NEXSTAR MEDIA GROUP INC CL A 65336K103 2,052 12,600 SH   DFND   12,600 0 0
NEXTNAV INC COMMON STOCK 65345N106 1,135 500,000 SH   DFND 1 500,000 0 0
OMEROS CORP COM 682143102 176 64,113 SH   DFND 1 64,113 0 0
ONEOK INC NEW COM 682680103 777 14,000 SH   DFND 1 14,000 0 0
PENNYMAC CORP NOTE 5.500%11/0 70932AAD5 6,815 7,000,000 PRN   DFND 1 7,000,000 0 0
PHENIXFIN CORP COM 71742W103 1,970 54,003 SH   DFND 1 54,003 0 0
PHENIXFIN CORP COM 71742W103 377 10,324 SH   DFND   10,324 0 0
PHILLIPS 66 COM 718546104 512 6,250 SH   DFND 1 6,250 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 4,051 412,500 SH   DFND 1 412,500 0 0
POTBELLY CORP COM 73754Y100 169 30,000 SH   DFND 1 30,000 0 0
POTBELLY CORP COM 73754Y100 395 70,000 SH   DFND   70,000 0 0
READY CAPITAL CORP COM 75574U101 2,957 248,085 SH   DFND 1 248,085 0 0
READY CAPITAL CORP COM 75574U101 1,645 138,035 SH   DFND   138,035 0 0
SHELL PLC SPON ADS 780259305 758 14,500 SH   DFND   14,500 0 0
SELECT ENERGY SVCS INC CL A COM 81617J301 1,882 275,899 SH   DFND 1 275,899 0 0
SHELL MIDSTREAM PARTNERS L P UNIT LTD INT 822634101 190 13,500 SH   DFND 1 13,500 0 0
SUNOCO LP/SUNOCO FIN CORP COM UT REP LP 86765K109 559 15,000 SH   DFND 1 15,000 0 0
SIXTH STREET SPECIALTY LENDI NOTE 4.500% 8/0 87265KAD4 639 610,000 PRN   DFND 1 610,000 0 0
TAPESTRY INC COM 876030107 9,461 310,000 SH   DFND 1 310,000 0 0
TAPESTRY INC COM 876030107 458 15,000 SH   DFND   15,000 0 0
TEGNA INC COM 87901J105 1,468 70,000 SH   DFND 1 70,000 0 0
TEGNA INC COM 87901J105 629 30,000 SH   DFND   30,000 0 0
TELOS CORP MD COM 87969B101 1,717 212,500 SH   DFND 1 212,500 0 0
TORTOISE ENERGY INFRA CORP COM 89147L886 3,734 126,225 SH   DFND 1 126,225 0 0
TORTOISE ENERGY INFRA CORP COM 89147L886 385 13,019 SH   DFND   13,019 0 0
TWO HARBORS INVENTMENT CORPO NOTE 6.250% 1/1 90187BAB7 3,628 4,000,000 PRN   DFND 1 4,000,000 0 0
TWO HARBORS INVENTMENT CORPO NOTE 6.250% 1/1 90187BAB7 1,814 2,000,000 PRN   DFND   2,000,000 0 0
TWO HBRS INVT CORP COM NEW 90187B408 1,950 391,542 SH   DFND 1 391,542 0 0
TWO HBRS INVT CORP COM NEW 90187B408 876 175,823 SH   DFND   175,823 0 0
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR 90290N109 334 20,000 SH   DFND 1 20,000 0 0
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR 90290N109 186 11,150 SH   DFND   11,150 0 0
VIATRIS INC COM 92556V106 523 50,000 SH   DFND 1 50,000 0 0
VIATRIS INC COM 92556V106 523 50,000 SH   DFND   50,000 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104 7,672 571,665 SH   DFND 1 571,665 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104 403 30,000 SH   DFND   30,000 0 0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT 958669103 486 20,000 SH   DFND 1 20,000 0 0
XPERI HOLDING CORP COM 98390M103 6,532 452,677 SH   DFND 1 452,677 0 0