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
AMERICAN CAP MTG INVT CORP COM 02504A104 4,713 250,404 SH   SOLE   161,088 0 89,316
AMERICAN CAP MTG INVT CORP COM 02504A104 4,123 219,052 SH   DFND 1 0 0 219,052
AMERICAN RLTY CAP PPTYS INC COM 02917T104 4,941 409,693 SH   SOLE   282,356 0 127,337
AMERICAN RLTY CAP PPTYS INC COM 02917T104 4,509 373,860 SH   DFND 1 0 0 373,860
APOLLO COML REAL EST FIN INC COM 03762U105 2,462 156,701 SH   SOLE   104,553 0 52,148
APOLLO COML REAL EST FIN INC COM 03762U105 2,190 139,399 SH   DFND 1 0 0 139,399
ARES CAP CORP COM 04010L103 5,188 321,011 SH   SOLE   214,795 0 106,216
ARES CAP CORP COM 04010L103 4,501 278,499 SH   DFND 1 0 0 278,499
AVENUE INCOME CR STRATEGIES COM 05358E106 1,652 98,350 SH   SOLE   68,074 0 30,276
AVENUE INCOME CR STRATEGIES COM 05358E106 1,733 103,174 SH   DFND 1 0 0 103,174
BANCO SANTANDER SA ADR 05964H105 5,266 554,362 SH   SOLE   370,748 0 183,614
BANCO SANTANDER SA ADR 05964H105 4,566 480,614 SH   DFND 1 0 0 480,614
BLACKROCK CORPOR HI YLD FD I COM 09255P107 1,995 168,633 SH   SOLE   114,933 0 53,700
BLACKROCK CORPOR HI YLD FD I COM 09255P107 1,813 153,243 SH   DFND 1 0 0 153,243
BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 5,438 57,715 SH   SOLE   38,535 0 19,180
BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 4,879 51,776 SH   DFND 1 0 0 51,776
CALUMET SPECIALTY PRODS PTNR UT LTD PARTNER 131476103 2,573 93,719 SH   SOLE   64,577 0 29,142
CALUMET SPECIALTY PRODS PTNR UT LTD PARTNER 131476103 2,284 83,200 SH   DFND 1 0 0 83,200
CAPSTEAD MTG CORP COM NO PAR 14067E506 2,410 196,867 SH   SOLE   130,268 0 66,599
CAPSTEAD MTG CORP COM NO PAR 14067E506 2,169 177,236 SH   DFND 1 0 0 177,236
CVR PARTNERS LP COM 126633106 2,238 163,016 SH   SOLE   106,096 0 56,920
CVR PARTNERS LP COM 126633106 1,996 145,368 SH   DFND 1 0 0 145,368
CVR REFNG LP COMUNIT REP LT 12663P107 2,616 112,366 SH   SOLE   72,391 0 39,975
CVR REFNG LP COMUNIT REP LT 12663P107 2,295 98,577 SH   DFND 1 0 0 98,577
EPR PPTYS COM SH BEN INT 26884U109 4,971 98,091 SH   SOLE   67,561 0 30,530
EPR PPTYS COM SH BEN INT 26884U109 4,693 92,597 SH   DFND 1 0 0 92,597
FIFTH STREET FINANCE CORP COM 31678A103 2,202 239,826 SH   SOLE   151,254 0 88,572
FIFTH STREET FINANCE CORP COM 31678A103 1,856 202,129 SH   DFND 1 0 0 202,129
FRONTIER COMMUNICATIONS CORP COM 35906A108 6,772 1,040,257 SH   SOLE   685,610 0 354,647
FRONTIER COMMUNICATIONS CORP COM 35906A108 6,489 996,704 SH   DFND 1 0 0 996,704
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 4,582 170,658 SH   SOLE   117,423 0 53,235
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 4,224 157,317 SH   DFND 1 0 0 157,317
INVESCO DYNAMIC CR OPP FD COM 46132R104 1,289 104,343 SH   SOLE   71,975 0 32,368
INVESCO DYNAMIC CR OPP FD COM 46132R104 1,164 94,250 SH   DFND 1 0 0 94,250
INVESCO MORTGAGE CAPITAL INC COM 46131B100 2,353 149,698 SH   SOLE   102,176 0 47,522
INVESCO MORTGAGE CAPITAL INC COM 46131B100 2,191 139,399 SH   DFND 1 0 0 139,399
INVESCO MUNI INCOME OPP TRST COM 46132X101 529 77,890 SH   SOLE   0 0 77,890
KKR & CO L P DEL COM UNITS 48248M102 5,212 233,729 SH   SOLE   163,824 0 69,905
KKR & CO L P DEL COM UNITS 48248M102 4,885 219,054 SH   DFND 1 0 0 219,054
MARTIN MIDSTREAM PRTNRS L P UNIT L P INT 573331105 2,389 64,069 SH   SOLE   43,921 0 20,148
MARTIN MIDSTREAM PRTNRS L P UNIT L P INT 573331105 2,227 59,730 SH   DFND 1 0 0 59,730
MORGAN STANLEY EM MKTS DM DE COM 617477104 3,586 303,659 SH   SOLE   174,332 0 129,327
MORGAN STANLEY EM MKTS DM DE COM 617477104 2,935 248,500 SH   DFND 1 0 0 248,500
NAVIOS MARITIME PARTNERS L P UNIT LPI Y62267102 3,836 215,149 SH   SOLE   141,595 0 73,554
NAVIOS MARITIME PARTNERS L P UNIT LPI Y62267102 3,373 189,185 SH   DFND 1 0 0 189,185
NEXPOINT CR STRATEGIES FD COM 65340G106 2,395 225,474 SH   SOLE   154,025 0 71,449
NEXPOINT CR STRATEGIES FD COM 65340G106 2,230 210,000 SH   DFND 1 0 0 210,000
NISKA GAS STORAGE PARTNERS L UNIT LTD LIABI 654678101 2,408 192,954 SH   SOLE   124,705 0 68,249
NISKA GAS STORAGE PARTNERS L UNIT LTD LIABI 654678101 2,075 166,281 SH   DFND 1 0 0 166,281
NORTHERN TIER ENERGY LP COM UN REPR PART 665826103 2,462 105,420 SH   SOLE   67,561 0 37,859
NORTHERN TIER ENERGY LP COM UN REPR PART 665826103 2,139 91,603 SH   DFND 1 0 0 91,603
NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 2,547 276,823 SH   SOLE   189,964 0 86,859
NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 2,382 258,882 SH   DFND 1 0 0 258,882
OCH ZIFF CAP MGMT GROUP CL A 67551U105 1,854 173,152 SH   SOLE   106,427 0 66,725
OCH ZIFF CAP MGMT GROUP CL A 67551U105 1,460 136,363 SH   DFND 1 0 0 136,363
PROSPECT CAPITAL CORPORATION COM 74348T102 5,141 519,293 SH   SOLE   342,761 0 176,532
PROSPECT CAPITAL CORPORATION COM 74348T102 4,398 444,239 SH   DFND 1 0 0 444,239
PUTNAM MANAGED MUN INCOM TR COM 746823103 285 40,270 SH   SOLE   0 0 40,270
SEADRILL LIMITED SHS G7945E105 2,551 95,318 SH   SOLE   61,735 0 33,583
SEADRILL LIMITED SHS G7945E105 2,203 82,321 SH   DFND 1 0 0 82,321
SENIOR HSG PPTYS TR SH BEN INT 81721M109 2,385 113,991 SH   SOLE   78,104 0 35,887
SENIOR HSG PPTYS TR SH BEN INT 81721M109 2,206 105,457 SH   DFND 1 0 0 105,457
SHIP FINANCE INTERNATIONAL L SHS G81075106 2,511 148,386 SH   SOLE   98,156 0 50,230
SHIP FINANCE INTERNATIONAL L SHS G81075106 2,258 133,429 SH   DFND 1 0 0 133,429
STONE HBR EMERG MRKTS INC FD COM 86164T107 1,402 72,631 SH   SOLE   43,489 0 29,142
STONE HBR EMERG MRKTS INC FD COM 86164T107 1,154 59,740 SH   DFND 1 0 0 59,740
STONEMOR PARTNERS L P COM UNITS 86183Q100 2,988 115,851 SH   SOLE   74,868 0 40,983
STONEMOR PARTNERS L P COM UNITS 86183Q100 2,568 99,572 SH   DFND 1 0 0 99,572
STUDENT TRANSN INC COM 86388A108 1,245 199,122 SH   SOLE   136,891 0 62,231
STUDENT TRANSN INC COM 86388A108 1,162 185,931 SH   DFND 1 0 0 185,931
TERRA NITROGEN CO L P COM UNIT 881005201 2,285 15,827 SH   SOLE   10,468 0 5,359
TERRA NITROGEN CO L P COM UNIT 881005201 2,013 13,940 SH   DFND 1 0 0 13,940
VANGUARD NAT RES LLC COM UNIT 92205F106 4,622 168,303 SH   SOLE   111,760 0 56,543
VANGUARD NAT RES LLC COM UNIT 92205F106 4,101 149,358 SH   DFND 1 0 0 149,358
VOYA PRIME RATE TR SH BEN INT 92913A100 1,344 244,292 SH   SOLE   168,840 0 75,452
VOYA PRIME RATE TR SH BEN INT 92913A100 1,196 217,500 SH   DFND 1 0 0 217,500
WESTERN ASSET EMRG MKT INCM COM 95766E103 1,273 105,856 SH   SOLE   72,416 0 33,440
WESTERN ASSET EMRG MKT INCM COM 95766E103 1,198 99,570 SH   DFND 1 0 0 99,570
WESTERN ASSET GLB HI INCOME COM 95766B109 2,341 192,055 SH   SOLE   132,011 0 60,044
WESTERN ASSET GLB HI INCOME COM 95766B109 2,185 179,227 SH   DFND 1 0 0 179,227
WHITESTONE REIT COM 966084204 1,114 79,914 SH   SOLE   54,741 0 25,173
WHITESTONE REIT COM 966084204 1,041 74,679 SH   DFND 1 0 0 74,679