13F-HR 1 inftable.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 23F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: Mar 31, 2010 Check Here if Amendment [ ] This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Hollencrest Securities LLC Address: 100 Bayview Circle Suite 500 Newport Beach, CA 92660 13F File Number: 801-55904 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Person Signing this Report on Behalf of Reporting Manager: Name: Peter J. Pellizzon Title: Managing Director Phone: 949-823-7723 Signature: Place: and Date of Signing: Peter J. Pellizzon Los Angeles, California May 6, 2010 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: None FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 257 Form 13F Information Table Value Total: $249,038 ($1,000s) List of Other Included Managers: 0 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AMAZON.COM INC COM COM 023135106 809 5957 SH SOLE 5957 AMBAC FINANCIAL GROUP INC (FOR COM 023139108 22 40000 SH SOLE 3000 37000 AMERICAN EXPRESS CO COM COM 025816109 278 6740 SH SOLE 6740 AMGEN INCCOM COM 031162100 296 4943 SH SOLE 759 4184 AMPHENOL CORP NEW CL A COM 032095101 869 20600 SH SOLE 20600 APPLE INC COM 877 3730 SH SOLE 480 3250 ARCSIGHT INC COM 039666102 408 14500 SH SOLE 14500 ARENA PHARMACEUTICALS COM 040047102 58 18700 SH SOLE 7000 11700 AVT INC COM 002422103 12 10072 SH SOLE 10072 Advanced Micro Devices Inc Com COM 007903107 204 22021 SH SOLE 8166 13855 BALSAM VENTURES INC NEW COM 058820200 1 12000 SH SOLE 12000 BANK OF AMERICA CORP COM 910 51001 SH SOLE 4984 46017 BERKSHIRE HATHAWAY B NEW CLASS COM 084670702 15543 191250 SH SOLE 2700 188550 Bank 1440 Peoria Ariz Com COM 062199104 61 24407 SH SOLE 24407 Bionovo Inc. COM 11 25000 SH SOLE 25000 CALIFORNIA REPUBLIC BK NEWPORT COM 130569106 550 55000 SH SOLE 55000 CATERPILLAR INC COM 207 3300 SH SOLE 3000 300 CHEVRON CORPORATION COM 390 5149 SH SOLE 4423 726 CHINA TRAVEL INTERNATIONAL INV COM y1507d100 5 20000 SH SOLE 20000 CISCO SYSTEMS INC COM 625 23998 SH SOLE 5245 18753 CITIGROUP INC COM COM 172967101 716 176734 SH SOLE 105818 70916 COCA COLA CO COM 191216100 712 12946 SH SOLE 5721 7225 COSTCO WHSL CORP NEW COM 22160k105 303 5068 SH SOLE 3600 1468 CYCLONE POWER TECHNOLOGIES INC COM 23254w104 3 20000 SH SOLE 20000 Cic Energy Corp COM g2136r106 51 31255 SH SOLE 31255 Conographic Corp Calif Restr COM 0 11000 SH SOLE 11000 Cvb Financial Corp COM 126600105 153 15402 SH SOLE 15402 DEI HOLDINGS INC COM 23319e107 29 64517 SH SOLE 64517 DENWAY MOTORS LTD HKD0.1 COM y2032y106 5 10000 SH SOLE 10000 Drugstore Com Inc Com COM 262241102 71 20000 SH SOLE 20000 EXXON MOBIL CORPORATION COM 1307 19516 SH SOLE 2950 16566 Easyriders Inc. COM 0 15500 SH SOLE 15500 Evergreen Energy Inc COM 30024b104 60 302950 SH SOLE 11325 291625 FIDELITY NATL INFORMATION SVCS COM 31620M106 2219 94651 SH SOLE 94651 FORD MOTOR COMPANY NEW COM 852 67741 SH SOLE 34533 33208 FREMONT GENERAL CORPORATION COM 357288109 18 19028 SH SOLE 11000 8028 Fidelity National Financial In COM 316326107 3539 238826 SH SOLE 238826 GEELY AUTOMOBILE HOLDINGS LTD COM g3777b103 26 50000 SH SOLE 50000 GENERAL ELECTRIC COMPANY COM 1411 77522 SH SOLE 31323 46199 GOLDMAN SACHS GROUP INC COM 38141g104 1030 6034 SH SOLE 6034 GOOGLE INC CLASS A COM 429 756 SH SOLE 201 555 GREEN PLANET GROUP INC COM 393225107 1 40000 SH SOLE 40000 H E R C Products Inc COM 404165102 0 10000 SH SOLE 10000 HERBALIFE LTD COMMON STOCK COM g4412g101 3919 84968 SH SOLE 78966 6002 INTEL CORP COM 458140100 545 24435 SH SOLE 1330 23105 INTL BUSINESS MACHINES COM 2223 17335 SH SOLE 20 17315 INTUITIVE SURGICAL NEW COM 641 1840 SH SOLE 1400 440 JOHNSON & JOHNSON COM 478160104 354 5424 SH SOLE 2608 2816 JONES LANG LASALLE INC COM COM 48020Q107 634 8700 SH SOLE 8700 Javo Beverage Company Inc COM 47189r104 39 245000 SH SOLE 245000 LAKES ENTERTAINMENT INC COM 51206p109 23 10000 SH SOLE 10000 LARGO VISTA GROUP LTD COM 517104105 0 100000 SH SOLE 100000 LAS VEGAS SANDS CORPCOM COM 517834107 233 11000 SH SOLE 11000 LIGHTWAVE LOGIC INC COM 532275104 18 10000 SH SOLE 10000 Leisure Canada Inc COM 524911104 2 10000 SH SOLE 10000 MANULIFE FINANCIAL CORP COM 56501r106 1106 56178 SH SOLE 56178 MCAFEE INC COM 579064106 217 5415 SH SOLE 5415 MERCK & CO INC NEW COM 366 9806 SH SOLE 1806 8000 MERRIMAN CURHAN FORD GROUP INC COM 590418109 7 10000 SH SOLE 10000 MICROSOFT CORP COM 594918104 1916 65404 SH SOLE 4050 61354 MOTOROLA INC COM 620076109 161 23000 SH SOLE 3000 20000 Metro-Goldwyn-Mayer Inc New COM 591610100 146 12170 SH SOLE 12170 NASDAQ OMX GROUP INC (THE) COM 631103108 524 24823 SH SOLE 24823 North American Pallidum Compan COM 168 41100 SH SOLE 41100 Ntm Inc COM 629408105 0 30000 SH SOLE 30000 ORACLE CORP COM 68389x105 1521 59209 SH SOLE 3250 55959 PACWEST BANCORP COM 695263103 688 30133 SH SOLE 30133 PFIZER INCORPORATED COM 247 14375 SH SOLE 5593 8782 PHILIP MORRIS INTL INC COM 4290 82245 SH SOLE 81978 267 PROCTER & GAMBLE COM 742718109 1086 17160 SH SOLE 560 16600 Pacific Snax Corp-Cl A COM 694820101 0 33333 SH SOLE 33333 Pinetree Capital Corp New COM 723330106 21 11700 SH SOLE 11700 Rite Aid Corp Com COM 767754104 53 35000 SH SOLE 35000 SALESFORCE COM INCCOM COM 79466L302 298 4000 SH SOLE 4000 SEAGATE TECHNOLOGY F COM 552 30225 SH SOLE 11765 18460 SIRIUS XM RADIO INC COM 82966U103 32 37131 SH SOLE 790 36341 SOUTHWEST CASINO CORPORATION COM 84479v107 0 10000 SH SOLE 10000 SRI/SURGICAL EXPRESS INC COM 78464w104 70 20000 SH SOLE 20000 STARBUCKS CORP COM 855244109 336 13853 SH SOLE 818 13035 STILLWATER MINING CO COM 86074q102 422 32500 SH SOLE 32500 Scm Microsystems Inc COM 27 14000 SH SOLE 14000 Smartalk Teleservices Inc COM 83169a100 0 50000 SH SOLE 50000 Standard Pacific Corp New COM 85375c101 77 17000 SH SOLE 17000 TRANSWORLD BENEFITS INTERNATIO COM 894073105 0 104000 SH SOLE 104000 TRAVELSTAR INC COM 89421l107 0 81000 SH SOLE 81000 TYSON FOODS INC CL A COM 902494103 383 20000 SH SOLE 20000 Tenneco Inc COM 880349105 349 14750 SH SOLE 14750 Transition Therapeutics Inc Ne COM 893716209 333 118002 SH SOLE 118002 U S BANCORP DEL NEW COM 3264 126120 SH SOLE 100 126020 UNITED PARCEL SERVICE B CLASS COM 911312106 15265 237002 SH SOLE 302 236700 UNITED STATES STL CORP NEW COM 912909108 394 6200 SH SOLE 6200 VISA INC CL A COMMON STOCK COM 92826c839 2285 25100 SH SOLE 3600 21500 Volcano Corp COM 928645100 974 40300 SH SOLE 40300 WAL-MART STORES INC COM 931142103 1057 19009 SH SOLE 13876 5133 WASHINGTON MUTUAL INC COM wamuq 3 15000 SH SOLE 15000 ALLIANZ SE SPONSORED ADR REPST ADR 018805101 377 30000 SH SOLE 30000 Alcatel-Lucent Sponsored Adr ADR 37 11866 SH SOLE 11866 BHP BILLITON LTD ADR F SPONSOR ADR 088606108 4618 57490 SH SOLE 25 57465 CHINA MED TECHNOLOGIES INC SPO ADR 169483104 390 28600 SH SOLE 28600 DEUTSCHE TELEKOM AG SPONSORED ADR 251566105 331 24500 SH SOLE 24500 PETROLEO BRASILEIRO SA PETROBR ADR 71654v408 302 6780 SH SOLE 6580 200 TAIWAN SEMICONDUCTOR MFG CO LT ADR 874039100 4868 464047 SH SOLE 464047 BARCLAYS BANK IPATH ETN DJ UBS INDEX CEF 528 13235 SH SOLE 13235 BLDRS EMERGING MKTS 50 ADR IND INDEX CEF 09348r300 424 9645 SH SOLE 4535 5110 ISHARES INC MSCI BRAZIL INDEX INDEX CEF 464286400 213 2890 SH SOLE 125 2765 ISHARES MSCI EMRG MKT FD EMERG INDEX CEF 464287234 334 7940 SH SOLE 6070 1870 ISHARES MSCI HK IDX FD HONG KO INDEX CEF 464286871 1113 68352 SH SOLE 65752 2600 ISHARES OIL & GAS EXPL INDEX F INDEX CEF 464288851 1076 19800 SH SOLE 14700 5100 ISHARES RUSSELL 1000 VAL RUSSE INDEX CEF 464287598 567 9290 SH SOLE 7615 1675 ISHARES RUSSELL MIDCAP GROWTH INDEX CEF 464287481 626 12912 SH SOLE 12912 ISHARES RUSSELL MIDCAP INDEX F INDEX CEF 464287499 2098 23507 SH SOLE 23507 ISHARES S&P 500 GROWTH S&P 500 INDEX CEF 464287309 1356 22622 SH SOLE 18705 3917 ISHARES S&P 500 VALUE S&P 500 INDEX CEF 464287408 518 9166 SH SOLE 5426 3740 ISHARES S&P MIDCAP 400 GROWTH INDEX CEF 464287606 1625 19150 SH SOLE 13510 5640 ISHARES S&P MIDCAP 400 VALUE I INDEX CEF 464287705 570 7990 SH SOLE 5200 2790 ISHARES TR MSCI EAFE FD MSCI E INDEX CEF 464287465 515 9196 SH SOLE 5969 3227 ISHARES TR RUSSELL 1000 RUSSEL INDEX CEF 464287614 3238 62325 SH SOLE 53135 9190 ISHARES TR RUSSELL 2000 RUSSEL INDEX CEF 464287655 328 4834 SH SOLE 429 4405 ISHARES TR S&P LATN AMER S&P L INDEX CEF 464287390 233 4830 SH SOLE 1750 3080 ISHARES TRUST RUSSELL 2000 GRO INDEX CEF 464287648 461 6301 SH SOLE 3259 3042 ISHARES TRUST RUSSELL 3000 GRO INDEX CEF 464287671 686 16203 SH SOLE 15203 1000 ISHARES TRUST RUSSELL 3000 IND INDEX CEF 464287689 373 5415 SH SOLE 375 5040 POWERSHS DB COMMDTY INDX INDEX CEF 73935s105 843 35855 SH SOLE 32965 2890 POWERSHS QQQ TRUST SER 1 INDEX CEF 73935a104 961 19958 SH SOLE 8862 11096 S P D R S&P 500 ETF TR EXPIRIN INDEX CEF 78462F103 3082 26344 SH SOLE 19714 6630 SECTOR SPDR INDUSTRIAL INDEX CEF 81369y704 849 27190 SH SOLE 18130 9060 SECTOR SPDR TRUST SHS BEN INT INDEX CEF 81369y803 724 31332 SH SOLE 21409 9923 SELECT SECTOR SPDR TRUST SHS B INDEX CEF 81369y506 644 11200 SH SOLE 10900 300 SPDR INDEX SHS FDS SPDR DOW JO INDEX CEF 78463x863 323 9196 SH SOLE 8191 1005 SPDR S&P MIDCAP 400 ETF INDEX CEF 1733 12104 SH SOLE 12104 VANGUARD TOTAL STOCK MKT INDEX CEF 922908769 235 3950 SH SOLE 2400 1550 ISHARES IBOXX INVESTOP IBOXX $ ETF 464287242 28299 267556 SH SOLE 262219 5337 ISHARES S&P U S PFD FUND S&P U ETF 464288687 2826 72980 SH SOLE 70380 2600 ISHARES TR BARCLAYS BOND BARCL ETF 464288646 3216 30745 SH SOLE 30745 ISHARES TR BARCLAYS BOND BARCL ETF 464287457 456 5475 SH SOLE 5105 370 ISHARES TR BARCLAYS BOND BARCL ETF 464288638 400 3845 SH SOLE 3845 ISHARES TR BARCLAYS FUND BARCL ETF 464287226 997 9572 SH SOLE 4942 4630 ISHARES TRUST IBOXX $ HIGH YIE ETF 464288513 2310 26140 SH SOLE 12445 13695 POWERSHARES GLOBAL EXCHANGE TR ETF 73936t474 639 26950 SH SOLE 26950 POWERSHS EXCH TRAD FD TR POWER ETF 73935x229 2373 136956 SH SOLE 116626 20330 SPDR BARCLAYS CAPITAL HIGH YIE ETF 78464a417 3266 82070 SH SOLE 49820 32250 SPDR SER TR BARCLAYS MUN BD ET ETF 78464a458 454 20000 SH SOLE 20000 SPDR SERIES TRUST SPDR BRCLYS ETF 78464a516 670 11964 SH SOLE 8344 3620 ENBRIDGE ENERGY PARTNERS L P LP 29250r106 245 4850 SH SOLE 4850 GOLDEN GATE CAP OPPTNTY FD LP LP 999193816 2924 2503835 SH SOLE 2503835 POPE RESOURCES DEPOSITARY RECE LP 732857107 981 37163 SH SOLE 37163 Smith Barney Aaa Energy Future LP 211 50 SH SOLE 50 Amplimed Series B Preferred PFD 29 17059 SH SOLE 17059 BAC CAP TR VIII 6.00% TR PFD S PFD 05518t209 273 13150 SH SOLE 10650 2500 BAC CAPITAL TRUST I 7.00% TR P PFD 055187207 222 9500 SH SOLE 9500 BAC CAPITAL TRUST IV PFD ST PFD 055185201 643 32000 SH SOLE 12000 20000 BAC CAPITAL TRUST V 6% TRUST P PFD 055184204 274 13150 SH SOLE 10650 2500 BAC CAPITAL TRUST XII 6.875% C PFD 05633t209 541 23250 SH SOLE 7000 16250 BLACKROCK MUNIHOLDINGS FD INC PFD 09253n302 400 16 SH SOLE 3 13 Bank of America Dep Sh Repstg PFD 941 36550 SH SOLE 29100 7450 CITIGROUP CAPITAL IX 6.00% TRU PFD 173066200 914 48250 SH SOLE 38000 10250 CITIGROUP CAPITAL VII 7.125 TR PFD 17306n203 1201 54605 SH SOLE 19480 35125 CITIGROUP CAPITAL VIII 6.95% T PFD 17306r204 1236 58940 SH SOLE 20470 38470 Citigroup Cap X 6.1% Tr Pfd Se PFD 173064205 350 18449 SH SOLE 9800 8649 FLEET CAPITAL TRUST IX 6.00% T PFD 33889y201 321 16017 SH SOLE 3190 12827 FLEET CAPITAL TRUST VIIIDEF IN PFD 33889x203 1006 43698 SH SOLE 29550 14148 GABELLI GLOBAL DEAL FUND(THE) PFD 36245g202 2648 49485 SH SOLE 38285 11200 KEYCORP CAPITAL X 8 % ENHANCED PFD 49327r103 267 10800 SH SOLE 10800 MBNA CAPITAL D 8.125% PFD DUE PFD 55266j200 381 15350 SH SOLE 10625 4725 MBNA CAPITAL SERIES E 8.10% TR PFD 55270b201 612 24450 SH SOLE 14990 9460 MORGAN STANLEY DEAN WITTER MUN PFD 61745p395 900 9 SH SOLE 6 3 NATIONAL CITY CAP 8.0%47 CAP T PFD 386 15000 SH SOLE 15000 NUVEEN CALIF MUN ADV FD MUNI F PFD 67066y501 1315 129900 SH SOLE 89300 40600 NUVEEN INSURED QUALITY MUN FUN PFD 67062n400 500 20 SH SOLE 4 16 PIMCO CALIF MUN INCOME FD AUCT PFD 72200n304 250 10 SH SOLE 10 Security Etch Intl Sr-B Red/Cv PFD 0 20000 SH SOLE 20000 TABERNA PFD FDG I LTD PFD SHS PFD 87330l200 0 500000 SH SOLE 500000 VAN KAMPEN TR INVT GRADE MUNS PFD 920929601 475 19 SH SOLE 19 BLACKRCK MUNIHLDGS FD II NON-TAX CEF 09253p109 171 12020 SH SOLE 12020 BLACKROCK CA MUN INCM TR CALIF NON-TAX CEF 09248e102 428 32783 SH SOLE 27063 5720 BLACKROCK MUNIHOLDINGS CALIF I NON-TAX CEF 09254l107 1033 77410 SH SOLE 13310 64100 BLACKROCK MUNIVEST FD II NON-TAX CEF 09253t101 235 16300 SH SOLE 15100 1200 BLACKROCK MUNIYIELD CALIF FD I NON-TAX CEF 09254m105 1103 83637 SH SOLE 8290 75347 BLKRCK MUNIHLDGS INSD FD NON-TAX CEF 09254p108 546 40490 SH SOLE 39250 1240 BLKRCK MUNIHLDGS INSD II NON-TAX CEF 09254c107 320 24235 SH SOLE 24235 BLKRCK MUNIYIELD CA INSD NON-TAX CEF 09254n103 1708 131349 SH SOLE 38350 92999 CALIF MUNI INCOME FUND CALIFOR NON-TAX CEF 930 71240 SH SOLE 7900 63340 DREYFUS STRATEGIC MUN BD FUND NON-TAX CEF 130 15853 SH SOLE 13853 2000 DREYFUS STRATEGIC MUNS NON-TAX CEF 171 20100 SH SOLE 20100 MS INSURED MUNI TRUST SBI NON-TAX CEF 153 11200 SH SOLE 11200 NUV CAL MNY M OPP FD INC NON-TAX CEF 67062u107 279 21600 SH SOLE 1900 19700 NUVEEN CA DIV ADV MUN FD NON-TAX CEF 271 21300 SH SOLE 10400 10900 NUVEEN CALIFORNIA DIVIDEND ADV NON-TAX CEF 67069x104 639 47298 SH SOLE 6373 40925 NUVEEN CALIFORNIA DIVIDEND ADV NON-TAX CEF 67070y109 350 27550 SH SOLE 4900 22650 NUVEEN CALIFORNIA INVESTMENT Q NON-TAX CEF 67062a101 448 34820 SH SOLE 20300 14520 NUVEEN CALIFORNIA PERFORMANCE NON-TAX CEF 67062q106 598 46300 SH SOLE 12400 33900 NUVEEN CALIFORNIA PREMIUM INCO NON-TAX CEF 6706l0102 315 25600 SH SOLE 25600 NUVEEN CALIFORNIA QUALITY INCO NON-TAX CEF 670985100 1048 75980 SH SOLE 15850 60130 NUVEEN CALIFORNIA SELECT QUALI NON-TAX CEF 670975101 693 50203 SH SOLE 7673 42530 NUVEEN DIVID AD MUN FD 2 NON-TAX CEF 215 14650 SH SOLE 10030 4620 NUVEEN MUNICIPAL MARKET OPPORT NON-TAX CEF 67062w103 144 10250 SH SOLE 6750 3500 NUVEEN PERFORMANCE PLUS MUNI F NON-TAX CEF 67062p108 171 12000 SH SOLE 12000 NUVEEN PREM INCM MUN II NON-TAX CEF 67063w102 172 12550 SH SOLE 12550 PUTNAM MANAGED MUNI INCM SHS B NON-TAX CEF 746823103 172 23900 SH SOLE 23900 Pimco Ca Muni Inc Fd Com NON-TAX CEF 72200N106 167 12723 SH SOLE 12723 Pimco California Municipal Inc NON-TAX CEF 72201c109 129 14000 SH SOLE 14000 Pimco Municipal Inc Fd Com NON-TAX CEF 72200R107 252 18500 SH SOLE 18500 VAN KAMPEN CALIFORNIA VALUE MU NON-TAX CEF 92112b107 762 62556 SH SOLE 62556 Convertible Promissory Note #1 CONV RUBIN-CP- 250 250000 PRN SOLE 250000 Convertible Promissory Note #2 CONV RUBIN-CP- 250 250000 PRN SOLE 250000 MEDTRONIC INC SR NT CONV CONV 585055al0 305 300000 PRN SOLE 300000 METLIFE CAP TR IV EXCH 144A7.8 CONV 591560AA5 1530 1500000 PRN SOLE 1500000 ABERDEEN ASIA PAC INCM TAXABLE CEF 9170 1406443 SH SOLE 12400 1394043 ADVENT CLAYMORE GLOBAL TAXABLE CEF 96 11061 SH SOLE 9411 1650 ALLIANCEBERNSTEIN INCOME FUND TAXABLE CEF 01881e101 2215 272101 SH SOLE 124601 147500 AMERN STRATEGIC INCM III TAXABLE CEF 94 10083 SH SOLE 10083 CALAMOS CONV & HIGH INCOME FD TAXABLE CEF 12811p108 1568 127664 SH SOLE 52255 75409 CALAMOS CONVERTIBLE OPPORTUNIT TAXABLE CEF 128117108 817 64325 SH SOLE 34657 29668 EATON VANCE LTD DURATION INCOM TAXABLE CEF 3072 193091 SH SOLE 105179 87912 EVERGREEN INCM ADVANTGE TAXABLE CEF 30023y105 562 58587 SH SOLE 32106 26481 EVERGREEN MULTI SECT FD MULTI TAXABLE CEF 1460 97357 SH SOLE 69825 27532 FRANKLIN TEMPLETON LIMITED DUR TAXABLE CEF 35472t101 317 23649 SH SOLE 15721 7928 FRANKLIN UNIV TR S B I SH BEN TAXABLE CEF 355145103 88 14800 SH SOLE 14800 GLOBAL HIGH INCOME FUND INC TAXABLE CEF 37933g108 883 63952 SH SOLE 6800 57152 HANCOCK JOHN INCM SECS TRUST TAXABLE CEF 410123103 601 43577 SH SOLE 41643 1934 HANCOCK JOHN INVESTRS TR TAXABLE CEF 410142103 264 13514 SH SOLE 13198 316 HARTFORD INCOME SHS FUND TAXABLE CEF 416537108 117 20627 SH SOLE 20627 HELIOS STRATEGIC MORTGAGE INCO TAXABLE CEF 42327m109 424 63547 SH SOLE 13547 50000 HELIOS TOTAL RETURN FUND TAXABLE CEF 208 37174 SH SOLE 37174 HIGHLAND CREDIT STRATEGIES FUN TAXABLE CEF 43005q107 181 22948 SH SOLE 20072 2876 ING PRIME RATE TR SH BEN INT TAXABLE CEF 44977w106 77 12333 SH SOLE 12333 M S EMERGING MKTS DEBT TAXABLE CEF 1412 94777 SH SOLE 20299 74478 M S EMERGING MKTS DEBT TAXABLE CEF 61744h105 109 10400 SH SOLE 3400 7000 MFS MULTI MKT INC TRUST SH BEN TAXABLE CEF 552737108 394 59220 SH SOLE 54760 4460 NICHOLAS-APPLEGATE CONV & INCO TAXABLE CEF 65370f101 260 26415 SH SOLE 6600 19815 NICHOLAS-APPLEGATE CONVERTIBLE TAXABLE CEF 65370g109 230 24852 SH SOLE 12352 12500 NUVEEN FLOATING RATE INCOME OP TAXABLE CEF 1435 117800 SH SOLE 105230 12570 NUVEEN FLTG RATE INCM FD TAXABLE CEF 67072t108 1123 94077 SH SOLE 92277 1800 NUVEEN GOVT INCOME FUND TAXABLE CEF 443 29323 SH SOLE 26467 2856 NUVEEN MULTI STRAT INCM TAXABLE CEF 67073b106 121 15375 SH SOLE 13360 2015 NUVEEN MULTI STRAT INCM TAXABLE CEF 233 28196 SH SOLE 23681 4515 NUVEEN QUALITY PFD INCOME FD 2 TAXABLE CEF 67072c105 190 24030 SH SOLE 15930 8100 NUVEEN QUALITY PFD INCOME FUND TAXABLE CEF 67071s101 93 12842 SH SOLE 12842 NUVEEN QUALITY PREFERRED INCOM TAXABLE CEF 67072w101 100 13100 SH SOLE 11700 1400 PIMCO CORPORATE OPPTY FD TAXABLE CEF 2142 129581 SH SOLE 15331 114250 PIMCO INCOME OPPTY FUND TAXABLE CEF 3963 165341 SH SOLE 42691 122650 PIONEER FLOATING RATE TR TAXABLE CEF 351 28775 SH SOLE 28775 PUTNAM MASTER INTERM SBI INCOM TAXABLE CEF 104 16653 SH SOLE 16653 PUTNAM PREMIER INC TR SH BEN I TAXABLE CEF 746853100 561 86154 SH SOLE 79146 7008 STRATEGIC GLOBAL INCM FD TAXABLE CEF 862719101 436 40252 SH SOLE 30352 9900 Templeton Global Income Fund TAXABLE CEF 880198106 3353 333918 SH SOLE 1070 332848 VAN KAMPEN DYNAMIC FUND TAXABLE CEF 191 15129 SH SOLE 12629 2500 VANGUARD BOND INDEX FUND SHORT TAXABLE CEF 921937827 289 3610 SH SOLE 2940 670 WESTERN ASSET GLOBAL PARTNERS TAXABLE CEF 95766g108 205 16880 SH SOLE 16880 WESTERN ASSET PREMIER FD TAXABLE CEF 957664105 1521 109776 SH SOLE 78860 30916 WESTERN ASSET/CLAYMORE INFLATI TAXABLE CEF 95766r104 451 38178 SH SOLE 31272 6906 WESTRN ASSET GLOBAL HIGH INCOM TAXABLE CEF 199 17173 SH SOLE 17173 WESTRN ASSET WRLDWD INCM TAXABLE CEF 139 10526 SH SOLE 10526 WSTRN ASSET EMERGNG MKTS EMERG TAXABLE CEF 695 38309 SH SOLE 34149 4160 Western Asset Emerging Mkts In TAXABLE CEF 95766f100 163 12900 SH SOLE 9450 3450 POWERSHARES EXCH TRAD FD BUILD ETF 73937b407 3364 134830 SH SOLE 115560 19270 ALPINE GLOBAL PREMIER FD REIT CEF 02083a103 575 87591 SH SOLE 87591