0001398344-14-005895.txt : 20141114 0001398344-14-005895.hdr.sgml : 20141114 20141114112228 ACCESSION NUMBER: 0001398344-14-005895 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140930 FILED AS OF DATE: 20141114 DATE AS OF CHANGE: 20141114 EFFECTIVENESS DATE: 20141114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRUST & FIDUCIARY MANAGEMENT SERVICES INC CENTRAL INDEX KEY: 0001141800 IRS NUMBER: 043522132 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06643 FILM NUMBER: 141221599 BUSINESS ADDRESS: STREET 1: 50 FEDERAL STREET, 6TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-896-3689 MAIL ADDRESS: STREET 1: 50 FEDERAL STREET, 6TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001141800 XXXXXXXX 09-30-2014 09-30-2014 false TRUST & FIDUCIARY MANAGEMENT SERVICES INC

50 Federal Street, 6th Floor Boston MA 02110

13F HOLDINGS REPORT 028-06643 N James L. Copell 617-896-3689 /s/ James L. Copell Boston MA 11-12-2014 1 82 231430 1 028-15743 Innovator Management LLC INFORMATION TABLE 2 fp0012191_13fhr-table.xml 13F INFORMATION TABLE AMERICAN CAP MTG INVT CORP COM 02504A104 4713 250404 SH SOLE 161088 0 89316 AMERICAN CAP MTG INVT CORP COM 02504A104 4123 219052 SH DFND 1 0 0 219052 AMERICAN RLTY CAP PPTYS INC COM 02917T104 4941 409693 SH SOLE 282356 0 127337 AMERICAN RLTY CAP PPTYS INC COM 02917T104 4509 373860 SH DFND 1 0 0 373860 APOLLO COML REAL EST FIN INC COM 03762U105 2462 156701 SH SOLE 104553 0 52148 APOLLO COML REAL EST FIN INC COM 03762U105 2190 139399 SH DFND 1 0 0 139399 ARES CAP CORP COM 04010L103 5188 321011 SH SOLE 214795 0 106216 ARES CAP CORP COM 04010L103 4501 278499 SH DFND 1 0 0 278499 AVENUE INCOME CR STRATEGIES COM 05358E106 1652 98350 SH SOLE 68074 0 30276 AVENUE INCOME CR STRATEGIES COM 05358E106 1733 103174 SH DFND 1 0 0 103174 BANCO SANTANDER SA ADR 05964H105 5266 554362 SH SOLE 370748 0 183614 BANCO SANTANDER SA ADR 05964H105 4566 480614 SH DFND 1 0 0 480614 BLACKROCK CORPOR HI YLD FD I COM 09255P107 1995 168633 SH SOLE 114933 0 53700 BLACKROCK CORPOR HI YLD FD I COM 09255P107 1813 153243 SH DFND 1 0 0 153243 BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 5438 57715 SH SOLE 38535 0 19180 BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 4879 51776 SH DFND 1 0 0 51776 CALUMET SPECIALTY PRODS PTNR UT LTD PARTNER 131476103 2573 93719 SH SOLE 64577 0 29142 CALUMET SPECIALTY PRODS PTNR UT LTD PARTNER 131476103 2284 83200 SH DFND 1 0 0 83200 CAPSTEAD MTG CORP COM NO PAR 14067E506 2410 196867 SH SOLE 130268 0 66599 CAPSTEAD MTG CORP COM NO PAR 14067E506 2169 177236 SH DFND 1 0 0 177236 CVR PARTNERS LP COM 126633106 2238 163016 SH SOLE 106096 0 56920 CVR PARTNERS LP COM 126633106 1996 145368 SH DFND 1 0 0 145368 CVR REFNG LP COMUNIT REP LT 12663P107 2616 112366 SH SOLE 72391 0 39975 CVR REFNG LP COMUNIT REP LT 12663P107 2295 98577 SH DFND 1 0 0 98577 EPR PPTYS COM SH BEN INT 26884U109 4971 98091 SH SOLE 67561 0 30530 EPR PPTYS COM SH BEN INT 26884U109 4693 92597 SH DFND 1 0 0 92597 FIFTH STREET FINANCE CORP COM 31678A103 2202 239826 SH SOLE 151254 0 88572 FIFTH STREET FINANCE CORP COM 31678A103 1856 202129 SH DFND 1 0 0 202129 FRONTIER COMMUNICATIONS CORP COM 35906A108 6772 1040257 SH SOLE 685610 0 354647 FRONTIER COMMUNICATIONS CORP COM 35906A108 6489 996704 SH DFND 1 0 0 996704 HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 4582 170658 SH SOLE 117423 0 53235 HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 4224 157317 SH DFND 1 0 0 157317 INVESCO DYNAMIC CR OPP FD COM 46132R104 1289 104343 SH SOLE 71975 0 32368 INVESCO DYNAMIC CR OPP FD COM 46132R104 1164 94250 SH DFND 1 0 0 94250 INVESCO MORTGAGE CAPITAL INC COM 46131B100 2353 149698 SH SOLE 102176 0 47522 INVESCO MORTGAGE CAPITAL INC COM 46131B100 2191 139399 SH DFND 1 0 0 139399 INVESCO MUNI INCOME OPP TRST COM 46132X101 529 77890 SH SOLE 0 0 77890 KKR & CO L P DEL COM UNITS 48248M102 5212 233729 SH SOLE 163824 0 69905 KKR & CO L P DEL COM UNITS 48248M102 4885 219054 SH DFND 1 0 0 219054 MARTIN MIDSTREAM PRTNRS L P UNIT L P INT 573331105 2389 64069 SH SOLE 43921 0 20148 MARTIN MIDSTREAM PRTNRS L P UNIT L P INT 573331105 2227 59730 SH DFND 1 0 0 59730 MORGAN STANLEY EM MKTS DM DE COM 617477104 3586 303659 SH SOLE 174332 0 129327 MORGAN STANLEY EM MKTS DM DE COM 617477104 2935 248500 SH DFND 1 0 0 248500 NAVIOS MARITIME PARTNERS L P UNIT LPI Y62267102 3836 215149 SH SOLE 141595 0 73554 NAVIOS MARITIME PARTNERS L P UNIT LPI Y62267102 3373 189185 SH DFND 1 0 0 189185 NEXPOINT CR STRATEGIES FD COM 65340G106 2395 225474 SH SOLE 154025 0 71449 NEXPOINT CR STRATEGIES FD COM 65340G106 2230 210000 SH DFND 1 0 0 210000 NISKA GAS STORAGE PARTNERS L UNIT LTD LIABI 654678101 2408 192954 SH SOLE 124705 0 68249 NISKA GAS STORAGE PARTNERS L UNIT LTD LIABI 654678101 2075 166281 SH DFND 1 0 0 166281 NORTHERN TIER ENERGY LP COM UN REPR PART 665826103 2462 105420 SH SOLE 67561 0 37859 NORTHERN TIER ENERGY LP COM UN REPR PART 665826103 2139 91603 SH DFND 1 0 0 91603 NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 2547 276823 SH SOLE 189964 0 86859 NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 2382 258882 SH DFND 1 0 0 258882 OCH ZIFF CAP MGMT GROUP CL A 67551U105 1854 173152 SH SOLE 106427 0 66725 OCH ZIFF CAP MGMT GROUP CL A 67551U105 1460 136363 SH DFND 1 0 0 136363 PROSPECT CAPITAL CORPORATION COM 74348T102 5141 519293 SH SOLE 342761 0 176532 PROSPECT CAPITAL CORPORATION COM 74348T102 4398 444239 SH DFND 1 0 0 444239 PUTNAM MANAGED MUN INCOM TR COM 746823103 285 40270 SH SOLE 0 0 40270 SEADRILL LIMITED SHS G7945E105 2551 95318 SH SOLE 61735 0 33583 SEADRILL LIMITED SHS G7945E105 2203 82321 SH DFND 1 0 0 82321 SENIOR HSG PPTYS TR SH BEN INT 81721M109 2385 113991 SH SOLE 78104 0 35887 SENIOR HSG PPTYS TR SH BEN INT 81721M109 2206 105457 SH DFND 1 0 0 105457 SHIP FINANCE INTERNATIONAL L SHS G81075106 2511 148386 SH SOLE 98156 0 50230 SHIP FINANCE INTERNATIONAL L SHS G81075106 2258 133429 SH DFND 1 0 0 133429 STONE HBR EMERG MRKTS INC FD COM 86164T107 1402 72631 SH SOLE 43489 0 29142 STONE HBR EMERG MRKTS INC FD COM 86164T107 1154 59740 SH DFND 1 0 0 59740 STONEMOR PARTNERS L P COM UNITS 86183Q100 2988 115851 SH SOLE 74868 0 40983 STONEMOR PARTNERS L P COM UNITS 86183Q100 2568 99572 SH DFND 1 0 0 99572 STUDENT TRANSN INC COM 86388A108 1245 199122 SH SOLE 136891 0 62231 STUDENT TRANSN INC COM 86388A108 1162 185931 SH DFND 1 0 0 185931 TERRA NITROGEN CO L P COM UNIT 881005201 2285 15827 SH SOLE 10468 0 5359 TERRA NITROGEN CO L P COM UNIT 881005201 2013 13940 SH DFND 1 0 0 13940 VANGUARD NAT RES LLC COM UNIT 92205F106 4622 168303 SH SOLE 111760 0 56543 VANGUARD NAT RES LLC COM UNIT 92205F106 4101 149358 SH DFND 1 0 0 149358 VOYA PRIME RATE TR SH BEN INT 92913A100 1344 244292 SH SOLE 168840 0 75452 VOYA PRIME RATE TR SH BEN INT 92913A100 1196 217500 SH DFND 1 0 0 217500 WESTERN ASSET EMRG MKT INCM COM 95766E103 1273 105856 SH SOLE 72416 0 33440 WESTERN ASSET EMRG MKT INCM COM 95766E103 1198 99570 SH DFND 1 0 0 99570 WESTERN ASSET GLB HI INCOME COM 95766B109 2341 192055 SH SOLE 132011 0 60044 WESTERN ASSET GLB HI INCOME COM 95766B109 2185 179227 SH DFND 1 0 0 179227 WHITESTONE REIT COM 966084204 1114 79914 SH SOLE 54741 0 25173 WHITESTONE REIT COM 966084204 1041 74679 SH DFND 1 0 0 74679