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
26 CAPITAL ACQUISITION CORP COM CL A 90138P100 196 20,000 SH   DFND   20,000 0 0
ACCELERATE ACQUISITION CORP COM CL A 00439D102 416 42,670 SH   DFND   42,670 0 0
ADIT EDTECH ACQUISITION CORP COMMON STOCK 007024102 137 13,900 SH   DFND   13,900 0 0
AEA-BRIDGES IMPACT CORP SHS CL A G01046104 99 10,000 SH   DFND   10,000 0 0
AETHERIUM ACQUISITION CORP UNIT 12/21/2026 00809J200 300 30,000 SH   DFND   30,000 0 0
AF ACQUISITION CORP CLASS A COM 001040104 396 40,664 SH   DFND   40,664 0 0
AGILE GROWTH CORP CLASS A ORD G01202103 196 20,000 SH   DFND   20,000 0 0
AHREN ACQUISITION CORP UNIT 12/09/2026 G01322117 200 20,000 SH   DFND   20,000 0 0
ALLIANCEBERNSTEIN NATL MUN I COM 01864U106 233 20,147 SH   DFND   20,147 0 0
ANDRETTI ACQUISITION CORP UNIT 99/99/9999 G26735111 299 30,000 SH   DFND   30,000 0 0
ANZU SPECIAL ACQUISITIN CORP COM CL A 03737A101 196 20,000 SH   DFND   20,000 0 0
APX ACQUISITION CORP I UNIT 12/07/2026 G0440J117 504 50,000 SH   DFND   50,000 0 0
ARES ACQUISITION CORPORATION COM CL A G33032106 387 39,322 SH   DFND   39,322 0 0
ATHENA TECHNOLOGY ACQ CORP I UNIT 99/99/9999 04687C204 197 20,000 SH   DFND   20,000 0 0
ATLANTIC COASTAL ACQUISTN CO CLASS A COM 048453104 574 58,718 SH   DFND   58,718 0 0
AUSTERLITZ ACQUISITION CORP COM CL A G0633U101 195 20,000 SH   DFND   20,000 0 0
AVAYA HLDGS CORP COM 05351X101 1,120 500,000 SH   DFND   500,000 0 0
AVAYA HLDGS CORP NOTE 2.250% 6/1 05351XAB7 21,555 22,140,000 PRN   DFND   22,140,000 0 0
B RILEY PRINCIPAL 150 MERGER COM CL A 05601V103 425 42,690 SH   DFND   42,690 0 0
BATTERY FUTURE ACQUISITION C UNIT 99/99/9999 G0888J116 200 20,000 SH   DFND   20,000 0 0
BITE ACQUISITION CORP COMMON STOCK 09175K105 156 15,883 SH   DFND   15,883 0 0
BLACKROCK CALIF MUN INCOME T SH BEN INT 09248E102 742 65,500 SH   DFND   65,500 0 0
BLACKROCK CAP ALLOCATION TR COM 09260U109 1,283 87,570 SH   DFND   87,570 0 0
BLACKROCK ESG CAP ALLC TR SHS BEN INT 09262F100 745 52,042 SH   DFND   52,042 0 0
BLACKROCK FLOATING RATE INCO COM 09255X100 216 19,000 SH   DFND   19,000 0 0
BLACKROCK MUN INCOME TR SH BEN INT 09248F109 107 10,000 SH   DFND   10,000 0 0
BLACKROCK MUNI INCOME TR II COM 09249N101 1,283 116,126 SH   DFND   116,126 0 0
BLACKROCK MUNIASSETS FD INC COM 09254J102 138 11,371 SH   DFND   11,371 0 0
BLACKROCK MUNIHOLDINGS FD IN COM 09253N104 250 19,698 SH   DFND   19,698 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 1,530 205,308 SH   DFND   205,308 0 0
BLACKROCK MUNIYIELD N Y QUAL COM 09255E102 147 13,733 SH   DFND   13,733 0 0
BLUE OWL CAPITAL INC COM CL A 09581B103 810 80,800 SH   DFND   80,800 0 0
BNY MELLON STRATEGIC MUN BD COM 09662E109 124 20,000 SH   DFND   20,000 0 0
BNY MELLON STRATEGIC MUNS IN COM 05588W108 190 28,898 SH   DFND   28,898 0 0
BOA ACQUISITION CORP COM CL A 05601A109 299 30,510 SH   DFND   30,510 0 0
BUILD ACQUISITION CORP COM CLASS A 12008J105 354 36,354 SH   DFND   36,354 0 0
BURTECH ACQUISITION CORP UNIT 12/10/2026 123013203 503 50,000 SH   DFND   50,000 0 0
BYNORDIC ACQUISITION CORP UNIT 07/01/2027 124420209 201 20,000 SH   DFND   20,000 0 0
CARTESIAN GROWTH CORP CL A SHS G19276107 157 16,000 SH   DFND   16,000 0 0
CC NEUBERGER PRIN HLDGS II SHS CL A G3166T103 666 66,684 SH   DFND   66,684 0 0
CHURCHILL CAPITAL CORP V COM CL A 17144T107 98 10,000 SH   DFND   10,000 0 0
CHURCHILL CAPITAL CORP VII COM CL A 17144M102 195 20,000 SH   DFND   20,000 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 56 52,000 SH   DFND   52,000 0 0
COHEN & STEERS LTD DURATION COM 19248C105 396 20,019 SH   DFND   20,019 0 0
COHEN & STEERS TAX ADVAN PFD COM 19249X108 415 21,772 SH   DFND   21,772 0 0
COHN ROBBINS HOLDINGS CORP COM CL A G23726105 596 60,000 SH   DFND   60,000 0 0
CONSILIUM ACQUISITN CORP I L UNIT 01/12/2027 G2365L135 198 20,000 SH   DFND   20,000 0 0
CONSTELLATION ACQUISITN CORP UNIT 99/99/9999 G2R18K121 99 10,000 SH   DFND   10,000 0 0
CONX CORP COM CL A 212873103 247 25,000 SH   DFND   25,000 0 0
CORAZON CAPITAL V838 MONOCER CLASS A ORD SHS G24237102 141 14,408 SH   DFND   14,408 0 0
CORNERSTONE STRATEGIC VALUE COM 21924B302 180 21,000 SH   DFND   21,000 0 0
COVA ACQUISITION CORP CL A SHS G2554Y104 203 20,655 SH   DFND   20,655 0 0
CROWN PROPTECH ACQUISITIONS SHS CL A G25741102 454 46,100 SH   DFND   46,100 0 0
D AND Z MEDIA ACQUISITION CO COM CL A 23305Q106 171 17,400 SH   DFND   17,400 0 0
DECARBONIZATION PLUS ACQUISI COM CL A G2773W103 297 30,000 SH   DFND   30,000 0 0
DHC ACQUISITION CORP CLASS A ORD SHS G2758T109 392 40,000 SH   DFND   40,000 0 0
DISRUPTIVE ACQUISITION CORP CLASS A ORD SHS G2770Y102 383 39,166 SH   DFND   39,166 0 0
DMY TECHNOLOGY GROUP INC VI CL A COM 233247105 196 20,000 SH   DFND   20,000 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 182 15,000 SH   DFND   15,000 0 0
DUDDELL STREET ACQUISITN COR CL A G28553108 198 20,000 SH   DFND   20,000 0 0
DWS MUN INCOME TR COM 233368109 535 56,942 SH   DFND   56,942 0 0
EAST RES ACQUISITION CO COM CL A 274681105 207 20,705 SH   DFND   20,705 0 0
EAST STONE ACQUISITION CORP *W EXP 12/31/202 G2911D116 6 39,459 SH   DFND   39,459 0 0
EATON VANCE CALIF MUN BD FD COM 27828A100 450 48,514 SH   DFND   48,514 0 0
EATON VANCE NEW YORK MUN BD COM 27827Y109 364 39,049 SH   DFND   39,049 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 57 10,418 SH   DFND   10,418 0 0
EDTECHX HOLDINGS ACQU CORP I *W EXP 06/15/202 28139A110 1 10,000 SH   DFND   10,000 0 0
ELLIOTT OPPORTUNITY II CORP SHS CL A G30092103 486 50,000 SH   DFND   50,000 0 0
EQ HEALTH ACQUISITION CORP COM CL A 26886A101 151 15,404 SH   DFND   15,404 0 0
EQUITY DISTR ACQUISITION COR COM CL A 29465E106 101 10,177 SH   DFND   10,177 0 0
EVE MOBILITY ACQUISITION COR UNIT 99/99/9999 G3218G125 299 30,000 SH   DFND   30,000 0 0
EVERGREEN CORPORATION UNIT 02/08/2027 G3312W125 283 28,220 SH   DFND   28,220 0 0
EVO ACQUISITION CORP UNIT 99/99/9999 30052G207 283 28,900 SH   DFND   28,900 0 0
FAR PEAK ACQUISITION CORP SHS CL A G3312L103 295 30,000 SH   DFND   30,000 0 0
FINANCIAL STRATEGIES ACQUISI CLASS A COM 31772T107 199 20,000 SH   DFND   20,000 0 0
FIRST RESERVE SUSTAINABLE GW CLASS A COM 336169107 195 20,000 SH   DFND   20,000 0 0
FLAME ACQUISITION CORP COM CL A 33850F108 196 20,000 SH   DFND   20,000 0 0
FORTRESS CAPITAL ACQUISITION SHS CL A G36427105 270 27,400 SH   DFND   27,400 0 0
FRANKLIN LTD DURATION INCOME COM 35472T101 586 86,615 SH   DFND   86,615 0 0
FRONTIER INVESTMENT CORP UNIT 06/29/2026 G36816117 114 11,789 SH   DFND   11,789 0 0
FTAC EMERALD ACQUISITION COR UNIT 10/19/2028 29103K209 197 20,000 SH   DFND   20,000 0 0
FUTURETECH II ACQUISITION CO UNIT 12/23/2022 36119D202 130 12,900 SH   DFND   12,900 0 0
GARDINER HEALTHCARE ACQTS CO UNIT 99/99/9999 365506203 305 30,000 SH   DFND   30,000 0 0
GDL FD COM SH BEN IT 361570104 1,025 124,869 SH   DFND   124,869 0 0
GENESIS GRWT TECH ACQUSTN CO UNIT 99/99/9999 G3R23D110 202 20,000 SH   DFND   20,000 0 0
GIGCAPITAL 5 INC UNIT 99/99/9999 37519U208 156 15,530 SH   DFND   15,530 0 0
GO ACQUISITION CORP COM 362019101 154 15,419 SH   DFND   15,419 0 0
GOAL ACQUISITIONS CORP COM 38021H107 196 20,014 SH   DFND   20,014 0 0
GOLDEN ARROW MERGER CORP *W EXP 07/31/202 380799114 1 19,150 SH   DFND   19,150 0 0
GOLDEN ARROW MERGER CORP CLASS A COM 380799106 683 70,000 SH   DFND   70,000 0 0
GOOD WKS II ACQUISITION CORP COMMON STOCK 38216G104 396 40,000 SH   DFND   40,000 0 0
GORES HOLDINGS IX INC UNIT 01/14/2029 38287A200 196 20,000 SH   DFND   20,000 0 0
GX ACQUISITION CORP II UNIT 03/17/2026 36260F204 146 14,900 SH   DFND   14,900 0 0
HEALTHCARE AI ACQUISITION CO UNIT 12/07/2026 G4373K125 201 20,000 SH   DFND   20,000 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700 11,360 717,186 SH   DFND   717,186 0 0
HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 473 42,026 SH   DFND   42,026 0 0
IG ACQUISITION CORP COM CL A 449534106 297 30,000 SH   DFND   30,000 0 0
INDUSTRIAL TECH ACQSTNS II I UNIT 03/31/2028 45635R207 201 20,000 SH   DFND   20,000 0 0
INVESCO MUN OPPORTUNITY TR COM 46132C107 368 35,611 SH   DFND   35,611 0 0
INVESCO PA VALUE MUN INC TR COM 46132K109 196 18,703 SH   DFND   18,703 0 0
IRON SPARK I INC CLASS A COM 46301G103 543 55,000 SH   DFND   55,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 78 150,000 SH Put DFND   150,000 0 0
ISHARES TR NATIONAL MUN ETF 464288414 12 55,000 SH Put DFND   55,000 0 0
JACKSON ACQUISITION CO UNIT 99/99/9999 46653C205 248 25,000 SH   DFND   25,000 0 0
KERNEL GROUP HOLDINGS INC CL A SHS G5259L103 125 12,727 SH   DFND   12,727 0 0
KHOSLA VENTURES ACQUISITION CL A 482504107 389 39,900 SH   DFND   39,900 0 0
KHOSLA VENTURES ACQUT CO III COM CL A 482506102 97 10,000 SH   DFND   10,000 0 0
KISMET ACQUISITION TWO CORP UNIT 99/99/9999 G52807123 294 30,000 SH   DFND   30,000 0 0
KKR ACQUISITION HOLDING I CO COM CLASS A 48253T109 98 10,000 SH   DFND   10,000 0 0
LANDCADIA HOLDINGS IV INC CLASS A COM 51477A104 527 53,806 SH   DFND   53,806 0 0
LARKSPUR HEALTH ACQUISITION UNIT 12/20/2026 51724W206 127 12,700 SH   DFND   12,700 0 0
LEFTERIS ACQUISITION CORP COM CL A 52470X109 193 19,488 SH   DFND   19,488 0 0
LIBERTY MEDIA ACQUISITION CO COM SR A 53073L104 299 30,406 SH   DFND   30,406 0 0
LOGAN RIDGE FINANCE CORP COM 541098109 1,470 93,638 SH   DFND   93,638 0 0
LUX HEALTH TECH ACQUISITION COM CL A 55068A100 157 15,840 SH   DFND   15,840 0 0
M3 BRIGADE ACQUISITION II CO COM CL A 553800103 331 33,790 SH   DFND   33,790 0 0
MAGNUM OPUS ACQUISITION LTD SHS CL A G5S70A104 392 40,000 SH   DFND   40,000 0 0
MARLIN TECHNOLOGY CORP UNIT 99/99/9999 G58411128 174 17,650 SH   DFND   17,650 0 0
MASON INDUSTRIAL TECHNOLGY I COM CL A 57520Y106 231 23,613 SH   DFND   23,613 0 0
MEDICUS SCIENCES ACQUISITION CL A SHS G5960S108 98 10,000 SH   DFND   10,000 0 0
MFS HIGH YIELD MUN TR SH BEN INT 59318E102 526 156,553 SH   DFND   156,553 0 0
MFS INVT GRADE MUN TR SH BEN INT 59318B108 332 43,817 SH   DFND   43,817 0 0
MOTIVE CAPITAL CORP II UNIT 99/99/9999 G6293R122 500 50,000 SH   DFND   50,000 0 0
NEWBURY STREET ACQUISITN COR *W EXP 04/30/202 65101L112 2 12,413 SH   DFND   12,413 0 0
NEWBURY STREET ACQUISITN COR COM 65101L104 267 27,403 SH   DFND   27,403 0 0
NEXPOINT DIVERSIFIED REL ET COM NEW 65340G205 1,168 70,806 SH   DFND   70,806 0 0
NORDSTROM INC COM 655664100 6 76,300 SH Put DFND   76,300 0 0
NUVEEN AMT-FREE MUN VALUE FD COM 670695105 173 12,232 SH   DFND   12,232 0 0
NUVEEN CA QUALTY MUN INCOME COM 67066Y105 123 10,000 SH   DFND   10,000 0 0
NUVEEN FLOATING RATE INCOME COM SHS 6706EN100 425 52,000 SH   DFND   52,000 0 0
NUVEEN MUN VALUE FD INC COM 670928100 2,173 243,361 SH   DFND   243,361 0 0
NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT 67070X101 922 73,416 SH   DFND   73,416 0 0
NUVEEN N Y MUN VALUE FD COM 67062M105 392 46,049 SH   DFND   46,049 0 0
NUVEEN OHIO QLTY MUN INCOME COM 670980101 638 50,320 SH   DFND   50,320 0 0
NUVEEN PENNSYLVANIA QLT MUN COM 670972108 126 10,363 SH   DFND   10,363 0 0
NUVEEN SELECT MAT MUN FD SH BEN INT 67061T101 178 19,353 SH   DFND   19,353 0 0
NUVEEN SR INCOME FD COM 67067Y104 263 55,000 SH   DFND   55,000 0 0
OFS CAP CORP COM 67103B100 413 41,616 SH   DFND   41,616 0 0
OSIRIS ACQUISITION CORP CL A 68829A103 132 13,508 SH   DFND   13,508 0 0
OWL ROCK CAPITAL CORPORATION COM 69121K104 340 27,600 SH   DFND   27,600 0 0
OXUS ACQUISITION CORP *W EXP 99/99/999 G6859L121 2 23,300 SH   DFND   23,300 0 0
OXUS ACQUISITION CORP SHS CL A G6859L105 233 23,300 SH   DFND   23,300 0 0
OYSTER ENTERPRISES ACQ CORP *W EXP 01/20/202 69242M112 2 16,596 SH   DFND   16,596 0 0
OYSTER ENTERPRISES ACQ CORP COM CL A 69242M104 326 33,192 SH   DFND   33,192 0 0
PGIM SHORT DUR HIG YLD OPP F COM 69355J104 793 53,171 SH   DFND   53,171 0 0
PIMCO DYNAMIC INCOME OPRNTS COM BEN SHS 69355M107 282 20,346 SH   DFND   20,346 0 0
PIMCO GLOBAL STOCKSPLS INCM COM 722011103 183 23,205 SH   DFND   23,205 0 0
PIMCO NEW YORK MUN INCOME FD COM 72201E105 299 38,108 SH   DFND   38,108 0 0
PINE IS ACQUISITION CORP CL A 722615101 134 13,579 SH   DFND   13,579 0 0
PINE TECHNOLOGY ACQUISITN CO CLASS A COM 722850104 195 20,000 SH   DFND   20,000 0 0
PIONEER MERGER CORP CL A SHS G7S24C103 197 20,000 SH   DFND   20,000 0 0
PIONEER MUN HIGH INCOME OPPO COMMON STOCK 723760104 1,421 117,339 SH   DFND   117,339 0 0
PIONEER MUNICIPAL HIGH INCOM COM SHS 723763108 230 24,732 SH   DFND   24,732 0 0
PONTEM CORPORATION SHS CL A G71707106 394 40,000 SH   DFND   40,000 0 0
POWER REIT COM 73933H101 196 15,423 SH   DFND   15,423 0 0
PROGRESS ACQUISITION CORP COM CL A 74327P105 154 15,600 SH   DFND   15,600 0 0
REDBALL ACQUISITION CORP COM CL A G7417R105 294 29,567 SH   DFND   29,567 0 0
REVELSTONE CAPITAL ACQSTN CO UNIT 12/17/2026 76137R205 198 20,000 SH   DFND   20,000 0 0
ROSECLIFF ACQUISITION CORP I COM CL A 77732R103 196 20,000 SH   DFND   20,000 0 0
RUNWAY GROWTH FINANCE CORP COM 78163D100 301 26,634 SH   DFND   26,634 0 0
SABA CAPITAL INCOME & OPRNT SHS NEW 78518H202 131 16,311 SH   DFND   16,311 0 0
SEVEN HILLS REALTY TRUST COM 81784E101 1,982 185,615 SH   DFND   185,615 0 0
SHAPEWAYS HOLDINGS INC *W EXP 09/29/202 81947T110 1 11,950 SH   DFND   11,950 0 0
SILVER CREST ACQUISITION COR UNIT 12/15/2025 G81355110 200 20,000 SH   DFND   20,000 0 0
SLAM CORP CL A SHS G8210L105 192 19,541 SH   DFND   19,541 0 0
SOCIAL CAPITAL HEDOSOPHA HLD SHS CL A G8251L105 149 15,000 SH   DFND   15,000 0 0
SOUTHPORT ACQUISITION CORP UNIT 99/99/9999 84465L204 200 20,000 SH   DFND   20,000 0 0
SPDR GOLD TR GOLD SHS 78463V107 39 70,000 SH Call DFND   70,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 266 160,000 SH Put DFND   160,000 0 0
SPDR SER TR S&P HOMEBUILD 78464A888 107 80,000 SH Put DFND   80,000 0 0
SPREE ACQUISITION CORP 1 LTD UNIT 99/99/9999 G83745110 200 20,000 SH   DFND   20,000 0 0
ST ENERGY TRANSITION I LTD UNIT 99/99/9999 G8465L123 199 20,000 SH   DFND   20,000 0 0
SWIFTMERGE ACQUISITION CORP UNIT 12/13/2026 G63836129 295 30,000 SH   DFND   30,000 0 0
TAILWIND INTERNATNAL ACQ COR COM CL A G8662F101 480 48,950 SH   DFND   48,950 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 43 60,000 SH Put DFND   60,000 0 0
TARGET GLOBAL ACQUISI I CORP UNIT 99/99/9999 G8675N117 199 20,000 SH   DFND   20,000 0 0
TB SA ACQUISITION CORP CLASS A ORD SHS G8657L105 585 59,800 SH   DFND   59,800 0 0
TERAWULF INC COM 88080T104 300 249,655 SH   DFND   249,655 0 0
THE GROWTH FOR GOOD ACQU COR UNIT 11/12/2026 G41522122 197 20,000 SH   DFND   20,000 0 0
TRAJECTORY ALPHA ACQUISITION UNIT 99/99/9999 89301B203 197 20,000 SH   DFND   20,000 0 0
VALUENCE MERGER CORP I UNIT 02/18/2027 G9R16L126 304 30,000 SH   DFND   30,000 0 0
VELOCITY ACQUISITION CORP COM CL A 92259E104 98 10,000 SH   DFND   10,000 0 0
VELOCITY ACQUISITION CORP UNIT 99/99/9999 92259E203 117 11,000 SH   DFND   11,000 0 0
VISCOGLIOSI BROS ACQUISTN CO UNIT 03/18/2027 92838K209 199 19,900 SH   DFND   19,900 0 0
VISTRA CORP COM 92840M102 594 26,000 SH   DFND   26,000 0 0
WEJO GROUP LIMITED *W EXP 11/18/202 G9525W117 4 26,566 SH   DFND   26,566 0 0
WESTERN ACQSTN VENTURES CORP UNIT 09/01/2026 95758L206 300 30,000 SH   DFND   30,000 0 0
WESTERN ASSET INTER MUNI FD COM 958435109 336 41,687 SH   DFND   41,687 0 0
WESTERN ASSET MANAGED MUNS F COM 95766M105 535 50,612 SH   DFND   50,612 0 0
WESTERN ASST INFLTN LKD INM COM SH BEN INT 95766Q106 303 31,000 SH   DFND   31,000 0 0
WESTERN AST INFL LKD OPP & I COM 95766R104 221 21,000 SH   DFND   21,000 0 0