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
AVOLON HLDGS LTD COM G52237107 159,966 5,166,848 SH   SOLE   5,166,848 0 0
BARCLAYS PLC ADR 06738E204 26,164 2,018,839 SH   SOLE   2,018,839 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 56,309 5,757,591 SH   SOLE   5,757,591 0 0
BLACKROCK DEBT STRAT FD INC COM 09255R103 12,301 3,650,000 SH   SOLE   3,650,000 0 0
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 09257P105 11,272 522,559 SH   SOLE   522,559 0 0
BLACKSTONE GSO STRATEGIC CR COM SHS BEN IN 09257R101 19,009 1,421,776 SH   SOLE   1,421,776 0 0
BOOZ ALLEN HAMILTON HLDG COR CL A 099502106 1,436 46,553 SH   SOLE   46,553 0 0
CAPITAL BK FINL CORP CL A COM 139794101 20,529 641,922 SH   SOLE   641,922 0 0
COOPER STD HLDGS INC COM 21676P103 189,626 2,443,955 SH   SOLE   2,443,955 0 0
EATON VANCE FLTING RATE INC COM 278279104 1,965 155,482 SH   SOLE   155,482 0 0
EATON VANCE MUN BD FD COM 27827X101 6,050 466,067 SH   SOLE   466,067 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 1,282 103,344 SH   SOLE   103,344 0 0
FCB FINL HLDGS INC CL A 30255G103 98,237 2,744,824 SH   SOLE   2,744,824 0 0
NUVEEN AMT-FREE MUN INCOME F COM 670657105 7,737 558,627 SH   SOLE   558,627 0 0
NUVEEN DIVID ADV MUN FD 3 COM SH BEN INT 67070X101 13,886 966,996 SH   SOLE   966,996 0 0
NUVEEN MUN ADVANTAGE FD INC COM 67062H106 4,030 290,998 SH   SOLE   290,998 0 0
NUVEEN MUN MKT OPPORTUNITY F COM 67062W103 3,216 233,201 SH   SOLE   233,201 0 0
NUVEEN PREM INCOME MUN FD COM 67062T100 6,579 466,587 SH   SOLE   466,587 0 0
NUVEEN PREM INCOME MUN FD 2 COM 67063W102 4,108 284,100 SH   SOLE   284,100 0 0
NUVEEN QUALITY INCOME MUN FD COM 670977107 712 50,189 SH   SOLE   50,189 0 0
NUVEEN QUALITY MUN FD INC COM 67062N103 14,359 1,052,691 SH   SOLE   1,052,691 0 0
NUVEEN SELECT QUALITY MUN FD COM 670973106 4,355 309,964 SH   SOLE   309,964 0 0
WELLS FARGO & CO NEW PERP PFD CNV A 949746804 1,187 1,022 SH   SOLE   1,022 0 0