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

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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
ALLEGION PUB LTD CO ORD SHS G0176J109 168 2,637 SH   DFND 1 0 2,637 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 476 9,977 SH   DFND 1 0 9,977 0
BRISTOL MYERS SQUIBB CO DBCV 9/1 110122AN8 1,606 1,000,000 PRN   DFND 1 0 1,000,000 0
CMS ENERGY CORP COM 125896100 372 8,756 SH   DFND 1 0 8,756 0
DANAHER CORP DEL NOTE 1/2 235851AF9 2,754 1,000,000 PRN   DFND 1 0 1,000,000 0
E M C CORP MASS COM 268648102 515 19,329 SH   DFND 1 0 19,329 0
FORD MTR CO DEL COM PAR $0.01 345370860 1,181 87,514 SH   DFND 1 0 87,514 0
GILEAD SCIENCES INC NOTE 1.625% 5/0 375558AP8 2,057 500,000 PRN   DFND 1 0 500,000 0
HOST HOTELS & RESORTS INC COM 44107P104 1,341 80,305 SH   DFND 1 0 80,305 0
INGERSOLL-RAND PLC SHS G47791101 491 7,911 SH   DFND 1 0 7,911 0
ISHARES TR CORE S&P500 ETF 464287200 7,633 36,937 SH   DFND 1 0 36,937 0
ISHARES TR CORE US AGGBD ET 464287226 115,383 1,041,124 SH   DFND 1 0 1,041,124 0
ISHARES TR IBOXX INV CP ETF 464287242 159,456 1,342,000 SH   DFND 1 0 1,342,000 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 115,394 561,475 SH   DFND 1 0 561,475 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 822 24,000 SH   DFND 1 0 24,000 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 1,043 21,500 SH   DFND 1 0 21,500 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 1,919 27,800 SH   DFND 1 0 27,800 0
WELLPOINT INC NOTE 2.750%10/1 94973VBG1 2,872 1,500,000 PRN   DFND 1 0 1,500,000 0
WELLTOWER INC COM 95040Q104 537 7,747 SH   DFND 1 0 7,747 0