Chief Executive Officer

0000909012-16-000572.txt : 20160815 0000909012-16-000572.hdr.sgml : 20160815 20160815130230 ACCESSION NUMBER: 0000909012-16-000572 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160630 FILED AS OF DATE: 20160815 DATE AS OF CHANGE: 20160815 EFFECTIVENESS DATE: 20160815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Laffer Investments CENTRAL INDEX KEY: 0001307878 IRS NUMBER: 200536838 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10975 FILM NUMBER: 161831393 BUSINESS ADDRESS: STREET 1: 103 MURPHY COURT CITY: NASHVILLE STATE: TN ZIP: 37203 BUSINESS PHONE: 6154600100 MAIL ADDRESS: STREET 1: 103 MURPHY COURT CITY: NASHVILLE STATE: TN ZIP: 37203 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001307878 XXXXXXXX 06-30-2016 06-30-2016 Laffer Investments

103 MURPHY COURT NASHVILLE TN 37203

13F HOLDINGS REPORT 028-10975 N Arthur B. Laffer, Jr. Chief Executive Officer 615 460 0100 /s/ ARTHUR B. LAFFER Nashville TN 08-15-2016 0 206 350244492 false INFORMATION TABLE 2 aci_13f.xml Vodafone Group Plc-Sp Adr AMERICAN DEPOSITARY RECEIPT 92857W308 760357 24615 SH OTR ALL 24615 0 0 Abbott Laboratories COMMON STOCKS 002824100 1930514 49110 SH OTR ALL 49110 0 0 Abbvie Inc COMMON STOCKS 00287Y109 2362857 38166 SH OTR ALL 38166 0 0 ADT Corporation COMMON STOCKS 00101J106 1674867 40593 SH OTR ALL 40593 0 0 Altria Group Inc COMMON STOCKS 02209S103 3840727 55695 SH OTR ALL 55695 0 0 American Electric Power COMMON STOCKS 025537101 1465511 20909 SH OTR ALL 20909 0 0 American Express Co COMMON STOCKS 025816109 1629522 26819 SH OTR ALL 26819 0 0 American Water Works Co. COMMON STOCKS 030420103 1159223 13717 SH OTR ALL 13717 0 0 Amerisourcebergen Corp Com COMMON STOCKS 03073E105 1181154 14891 SH OTR ALL 14891 0 0 Amgen Inc COMMON STOCKS 031162100 3205496 21068 SH OTR ALL 21068 0 0 Apple Computer Inc COMMON STOCKS 037833100 9609234 100515 SH OTR ALL 100515 0 0 Ares Capital Corp COMMON STOCKS 04010L103 220696 15542 SH OTR ALL 15542 0 0 AT&T Inc COMMON STOCKS 00206R102 4876162 112848 SH OTR ALL 112848 0 0 Bank of America Corp COMMON STOCKS 060505104 3047973 229689 SH OTR ALL 229689 0 0 BCE Inc New COMMON STOCKS 05534B760 942888 19930 SH OTR ALL 19930 0 0 Block H & R Inc COMMON STOCKS 093671105 958640 41680 SH OTR ALL 41680 0 0 Boeing Co COMMON STOCKS 097023105 2594283 19976 SH OTR ALL 19976 0 0 Boston Properties Inc COMMON STOCKS 101121101 1239596 9398 SH OTR ALL 9398 0 0 Bristol Myers Squibb COMMON STOCKS 110122108 2603743 35401 SH OTR ALL 35401 0 0 Broadcom Corp New COMMON STOCKS y09827109 1774357 11418 SH OTR ALL 11418 0 0 C. H. Robinson Worldwide Inc COMMON STOCKS 12541W209 1072318 14442 SH OTR ALL 14442 0 0 Cardinal Health Inc COMMON STOCKS 14149Y108 1323283 16963 SH OTR ALL 16963 0 0 Carnival Corp COMMON STOCKS 143658300 1241445 28087 SH OTR ALL 28087 0 0 Centurylink Inc COMMON STOCKS 156700106 1231300 42444 SH OTR ALL 42444 0 0 Chubb Ltd. COMMON STOCKS H1467J104 1790465 13698 SH OTR ALL 13698 0 0 Cincinnati Financial Corp COMMON STOCKS 172062101 1118482 14935 SH OTR ALL 14935 0 0 Cisco Sys Inc COMMON STOCKS 17275R102 3965330 138213 SH OTR ALL 138213 0 0 Citigroup Inc COMMON STOCKS 172967424 2853101 67306 SH OTR ALL 67306 0 0 Coca-Cola Company COMMON STOCKS 191216100 4576380 100957 SH OTR ALL 100957 0 0 Consolidated Edison COMMON STOCKS 209115104 1272802 15823 SH OTR ALL 15823 0 0 Cummins Inc COMMON STOCKS 231021106 1157569 10295 SH OTR ALL 10295 0 0 CVS Corp COMMON STOCKS 126650100 2647785 27656 SH OTR ALL 27656 0 0 D.R. Horton Inc COMMON STOCKS 23331A109 1074317 34127 SH OTR ALL 34127 0 0 Darden Restaurants COMMON STOCKS 237194105 1734122 27378 SH OTR ALL 27378 0 0 Delta Air Lines, Inc. COMMON STOCKS 247361702 1378001 37826 SH OTR ALL 37826 0 0 Dow Chem Co COMMON STOCKS 260543103 1690090 33999 SH OTR ALL 33999 0 0 Duke Energy Corp COMMON STOCKS 26441C204 1821064 21227 SH OTR ALL 21227 0 0 Eli Lilly & Co COMMON STOCKS 532457108 2111996 26819 SH OTR ALL 26819 0 0 Equity Residential P COMMON STOCKS 29476L107 1366854 19844 SH OTR ALL 19844 0 0 Eversource Energy COMMON STOCKS 30040W108 1237953 20667 SH OTR ALL 20667 0 0 Exelon Corp COMMON STOCKS 30161N101 1476797 40616 SH OTR ALL 40616 0 0 Exxon Mobil Corp COMMON STOCKS 30231G102 6446312 68768 SH OTR ALL 68768 0 0 Firstenergy Corp COMMON STOCKS 337932107 1154229 33063 SH OTR ALL 33063 0 0 Ford Motor Co COMMON STOCKS 345370860 1623868 129186 SH OTR ALL 129186 0 0 General Dynamics Corp COMMON STOCKS 369550108 1410779 10132 SH OTR ALL 10132 0 0 General Mills Inc COMMON STOCKS 370334104 1617323 22677 SH OTR ALL 22677 0 0 HASBRO INC COMMON STOCKS 418056107 1003176 11944 SH OTR ALL 11944 0 0 Hcp Inc COMMON STOCKS 40414L109 1134742 32073 SH OTR ALL 32073 0 0 Health Care Reit Inc COMMON STOCKS 95040Q104 1315760 17274 SH OTR ALL 17274 0 0 Hershey Foods Corp COMMON STOCKS 427866108 1378109 12143 SH OTR ALL 12143 0 0 Home Depot Inc COMMON STOCKS 437076102 3521690 27580 SH OTR ALL 27580 0 0 Honeywell Intl Inc COMMON STOCKS 438516106 2165413 18616 SH OTR ALL 18616 0 0 INTEL CORP COMMON STOCKS 458140100 3361278 102478 SH OTR ALL 102478 0 0 International Paper Co COMMON STOCKS 460146103 1166636 27528 SH OTR ALL 27528 0 0 Intl Business Machines COMMON STOCKS 459200101 2965932 19541 SH OTR ALL 19541 0 0 Iron Mountain Inc. COMMON STOCKS 46284V101 1015266 25490 SH OTR ALL 25490 0 0 J P Morgan Chase & Co COMMON STOCKS 46625H100 5052727 81312 SH OTR ALL 81312 0 0 Johnson & Johnson COMMON STOCKS 478160104 6708860 55308 SH OTR ALL 55308 0 0 Kimberly Clark Corp COMMON STOCKS 494368103 1702277 12382 SH OTR ALL 12382 0 0 Kimco Realty Corp COMMON STOCKS 49446R109 1131907 36071 SH OTR ALL 36071 0 0 Kohl's Corp COMMON STOCKS 500255104 1089138 28722 SH OTR ALL 28722 0 0 L Brands Inc COMMON STOCKS 501797104 1198471 17853 SH OTR ALL 17853 0 0 L-3 Communications COMMON STOCKS 502424104 1015828 6925 SH OTR ALL 6925 0 0 Leggett & Platt Inc COMMON STOCKS 524660107 1006662 19696 SH OTR ALL 19696 0 0 Lockheed Martin Corp COMMON STOCKS 539830109 1813130 7306 SH OTR ALL 7306 0 0 Lowe's Cos Inc COMMON STOCKS 548661107 1995084 25200 SH OTR ALL 25200 0 0 LyondellBasell Industries NV COMMON STOCKS N53745100 1948166 26178 SH OTR ALL 26178 0 0 Macquarie Infrastructure Corp COMMON STOCKS 55608B105 854388 11538 SH OTR ALL 11538 0 0 Marsh & Mclennan Cos COMMON STOCKS 571748102 1447723 21147 SH OTR ALL 21147 0 0 Martin Marietta Materials COMMON STOCKS 573284106 1086912 5661 SH OTR ALL 5661 0 0 McDonalds Corp COMMON STOCKS 580135101 2607286 21666 SH OTR ALL 21666 0 0 Mckesson Corp COMMON STOCKS 58155Q103 1495626 8013 SH OTR ALL 8013 0 0 Merck & Co Inc COMMON STOCKS 58933Y105 3204268 55620 SH OTR ALL 55620 0 0 Microsoft Corp COMMON STOCKS 594918104 8419204 164534 SH OTR ALL 164534 0 0 Morgan Stanley COMMON STOCKS 617446448 1552305 59750 SH OTR ALL 59750 0 0 Motorola Solutions Inc. COMMON STOCKS 620076307 1054860 15990 SH OTR ALL 15990 0 0 Newmont Mng Corp Hld COMMON STOCKS 651639106 1157560 29590 SH OTR ALL 29590 0 0 NextEra Energy Inc COMMON STOCKS 65339F101 2402098 18421 SH OTR ALL 18421 0 0 Nike Inc COMMON STOCKS 654106103 2560231 46381 SH OTR ALL 46381 0 0 Nordstrom Inc COMMON STOCKS 655664100 1012700 26615 SH OTR ALL 26615 0 0 Northrop Corp COMMON STOCKS 666807102 1467492 6602 SH OTR ALL 6602 0 0 Paccar Inc COMMON STOCKS 693718108 1128172 21750 SH OTR ALL 21750 0 0 Paychex Inc COMMON STOCKS 704326107 949382 15956 SH OTR ALL 15956 0 0 Pfizer Inc COMMON STOCKS 717081103 4629833 131492 SH OTR ALL 131492 0 0 PG&E Corporation COMMON STOCKS 69331C108 1365139 21357 SH OTR ALL 21357 0 0 Pinnacle West Cap Co COMMON STOCKS 723484101 1065209 13141 SH OTR ALL 13141 0 0 PPL Corp COMMON STOCKS 69351T106 1239370 32831 SH OTR ALL 32831 0 0 Principal Financial COMMON STOCKS 74251V102 1056157 25691 SH OTR ALL 25691 0 0 Proctor & Gamble Co COMMON STOCKS 742718109 5233622 61812 SH OTR ALL 61812 0 0 Prudential Finl Inc COMMON STOCKS 744320102 1390202 19487 SH OTR ALL 19487 0 0 Public Storage Inc COMMON STOCKS 74460D109 1582613 6192 SH OTR ALL 6192 0 0 Pulte Homes Inc COMMON STOCKS 745867101 1008490 51744 SH OTR ALL 51744 0 0 Raytheon Co COMMON STOCKS 755111507 1450450 10669 SH OTR ALL 10669 0 0 Republic Services Inc COMMON STOCKS 760759100 1097623 21392 SH OTR ALL 21392 0 0 Rockwell Collins Inc COMMON STOCKS 774341101 1059056 12439 SH OTR ALL 12439 0 0 Ross Stores Inc. COMMON STOCKS 778296103 1288677 22732 SH OTR ALL 22732 0 0 Royal Caribbean Cruises Ltd COMMON STOCKS V7780T103 1005638 14976 SH OTR ALL 14976 0 0 Sherwin Williams Co COMMON STOCKS 824348106 1248391 4251 SH OTR ALL 4251 0 0 Simon Ppty Group Inc COMMON STOCKS 828806109 1993744 9192 SH OTR ALL 9192 0 0 Six Flags Entertainment COMMON STOCKS 83001A102 865019 14927 SH OTR ALL 14927 0 0 Southern Co COMMON STOCKS 842587107 1692777 31564 SH OTR ALL 31564 0 0 Southwest Airlines co COMMON STOCKS 844741108 1312358 33470 SH OTR ALL 33470 0 0 Spectra Energy Corp COMMON STOCKS 847560109 255860 6985 SH OTR ALL 6985 0 0 Spectra Energy Partners LP COMMON STOCKS 84756N109 567905 12037 SH OTR ALL 12037 0 0 Staples Inc COMMON STOCKS 855030102 979059 113580 SH OTR ALL 113580 0 0 Target Corp COMMON STOCKS 87612E106 2448168 35064 SH OTR ALL 35064 0 0 Tesoro Corporation COMMON STOCKS 881609101 1076150 14364 SH OTR ALL 14364 0 0 Tjx Cos Inc New COMMON STOCKS 872540109 1659132 21483 SH OTR ALL 21483 0 0 Travelers Companies COMMON STOCKS 89417E109 1505260 12645 SH OTR ALL 12645 0 0 United Parcel Services COMMON STOCKS 911312106 3270271 30359 SH OTR ALL 30359 0 0 United Technologies COMMON STOCKS 913017109 2109145 20567 SH OTR ALL 20567 0 0 Unitedhealth Group Inc COMMON STOCKS 91324P102 2823435 19996 SH OTR ALL 19996 0 0 Unum Group COMMON STOCKS 91529Y106 948136 29825 SH OTR ALL 29825 0 0 US Bancorp COMMON STOCKS 902973304 1895268 46994 SH OTR ALL 46994 0 0 V F Corp COMMON STOCKS 918204108 1218916 19823 SH OTR ALL 19823 0 0 Ventas Inc COMMON STOCKS 92276F100 1269907 17439 SH OTR ALL 17439 0 0 Verizon Communications COMMON STOCKS 92343V104 4503831 80656 SH OTR ALL 80656 0 0 Vornado Rlty Tr COMMON STOCKS 929042109 1179914 11785 SH OTR ALL 11785 0 0 Vulcan Materials Co COMMON STOCKS 929160109 1167251 9698 SH OTR ALL 9698 0 0 Walgreens Boots Alliance COMMON STOCKS 931427108 2069092 24848 SH OTR ALL 24848 0 0 Wal-Mart Stores Inc COMMON STOCKS 931142103 2505170 34308 SH OTR ALL 34308 0 0 Walt Disney Co COMMON STOCKS 254687106 3171422 32421 SH OTR ALL 32421 0 0 Waste Mgmt Inc Del COMMON STOCKS 94106L109 1356083 20463 SH OTR ALL 20463 0 0 WELLS FARGO & CO NEW COM COMMON STOCKS 949746101 4338173 91658 SH OTR ALL 91658 0 0 Williams Cos Inc Del COMMON STOCKS 969457100 1078125 49844 SH OTR ALL 49844 0 0 Willis Tower Watson PLC COMMON STOCKS G96629103 1124632 9047 SH OTR ALL 9047 0 0 Wisconsin Energy Corp COMMON STOCKS 92939U106 928957 14226 SH OTR ALL 14226 0 0 Xcel Energy Inc COMMON STOCKS 98389B100 1270945 28382 SH OTR ALL 28382 0 0 Ares Capital Corp CONVERTIBLE BOND 04010LAG8 2753741 2619 SH OTR ALL 2619 0 0 Brocade Communications CONVERTIBLE BOND 111621AQ1 1767842 1772 SH OTR ALL 1772 0 0 Citrix Systems Inc CONVERTIBLE BOND 177376AD2 1633603 1459 SH OTR ALL 1459 0 0 Illumina Inc CONVERTIBLE BOND 452327AF6 2473243 2528 SH OTR ALL 2528 0 0 Janus Capitol Group Inc. CONVERTIBLE BOND 47102XAH8 1019405 746 SH OTR ALL 746 0 0 Lam Research Corp 1.25 CONVERTIBLE BOND 512807AL2 4188286 2871 SH OTR ALL 2871 0 0 Macquarie Infrastructure CONVERTIBLE BOND 55608BAA3 3086147 2631 SH OTR ALL 2631 0 0 Micron Technology CONVERTIBLE BOND 595112AY9 893461 1154 SH OTR ALL 1154 0 0 Newmont Mining Corp CONVERTIBLE BOND 651639AJ5 1258166 1109 SH OTR ALL 1109 0 0 NVIDIA Corp CONVERTIBLE BOND 67066GAC8 1892753 811 SH OTR ALL 811 0 0 NXP Semiconductor NV CONVERTIBLE BOND 62952QAB6 2931483 2692 SH OTR ALL 2692 0 0 Old Republic Intl Corp CONVERTIBLE BOND 680223AH7 2273040 1741 SH OTR ALL 1741 0 0 Priceline Com Inc CONVERTIBLE BOND 741503AQ9 2799614 2004 SH OTR ALL 2004 0 0 Red Hat Inc. CONVERTIBLE BOND 756577AD4 2179135 1794 SH OTR ALL 1794 0 0 RPM International Inc. CONVERTIBLE BOND 749685AT0 1841942 1579 SH OTR ALL 1579 0 0 Spirit Realty Capital CONVERTIBLE BOND 84860WAA0 2187257 2015 SH OTR ALL 2015 0 0 TPG Specialty Lending CONVERTIBLE BOND 87265KAB8 2291459 2246 SH OTR ALL 2246 0 0 Xilinx Inc CONVERTIBLE BOND 983919AF8 2861135 1778 SH OTR ALL 1778 0 0 Alcoa Inc. CONVERTIBLE PREFERRED STOCK 013817309 1058527 32360 SH OTR ALL 32360 0 0 Alexandria Real Estate CONVERTIBLE PREFERRED STOCK 015271505 2336662 69331 SH OTR ALL 69331 0 0 Allergan PLC CONVERTIBLE PREFERRED STOCK G0177J116 3801497 4567 SH OTR ALL 4567 0 0 American Tower Corp CONVERTIBLE PREFERRED STOCK 03027X308 2121771 18915 SH OTR ALL 18915 0 0 AMG Capital Trust II CONVERTIBLE PREFERRED STOCK 00170F209 1180914 21325 SH OTR ALL 21325 0 0 Anadarko Pertroleum Corp CONVERTIBLE PREFERRED STOCK 032511404 2179008 58110 SH OTR ALL 58110 0 0 Anthem Inc CONVERTIBLE PREFERRED STOCK 036752202 3920210 87724 SH OTR ALL 87724 0 0 Bunge Ltd. Perpetual Conv Pfd CONVERTIBLE PREFERRED STOCK G16962204 1387496 14919 SH OTR ALL 14919 0 0 Dominion Resources Inc CONVERTIBLE PREFERRED STOCK 25746U869 4432726 85559 SH OTR ALL 85559 0 0 Entertainment Properties CONVERTIBLE PREFERRED STOCK 26884U307 286674 7661 SH OTR ALL 7661 0 0 Frontier Communications Conv Prf CONVERTIBLE PREFERRED STOCK 35906A207 1953337 20617 SH OTR ALL 20617 0 0 Hess Corp - Conv Pr CONVERTIBLE PREFERRED STOCK 42809H404 1464990 19360 SH OTR ALL 19360 0 0 Kinder Morgan Inc/Delaware CONVERTIBLE PREFERRED STOCK 49456B200 190062 3924 SH OTR ALL 3924 0 0 Spire Inc CONVERTIBLE PREFERRED STOCK 505597500 2230866 35847 SH OTR ALL 35847 0 0 Stanley Black & Decker Inc. CONVERTIBLE PREFERRED STOCK 854502804 1291362 11080 SH OTR ALL 11080 0 0 Stericycle Inc CONVERTIBLE PREFERRED STOCK 858912207 2445910 29450 SH OTR ALL 29450 0 0 Teva Pharmaceutical Cv Pfd CONVERTIBLE PREFERRED STOCK M8769Q136 3962879 4749 SH OTR ALL 4749 0 0 Tyson Foods Inc CONVERTIBLE PREFERRED STOCK 902494301 2282715 30845 SH OTR ALL 30845 0 0 Wells Fargo & Company PFD CONVERTIBLE PREFERRED STOCK 949746804 3300316 2546 SH OTR ALL 2546 0 0 Welltower Inc Pfd CONVERTIBLE PREFERRED STOCK 95040Q203 1871100 27661 SH OTR ALL 27661 0 0 Alerian MLP ETF EXCHANGE TRADED FUND 00162Q866 14144 1112 SH OTR ALL 1112 0 0 Consumer Staples Spdr EXCHANGE TRADED FUND 81369Y308 51179 928 SH OTR ALL 928 0 0 Guggenheim Enhanced Short Duration Bond ETF EXCHANGE TRADED FUND 18383M654 333476 6668 SH OTR ALL 6668 0 0 iShares 1-3 Year Credit Bond EXCHANGE TRADED FUND 464288646 368450 3473 SH OTR ALL 3473 0 0 iShares Barclays 3-7 Year Tr EXCHANGE TRADED FUND 464288661 220570 1732 SH OTR ALL 1732 0 0 iShares Floating Rate Bond ETF EXCHANGE TRADED FUND 46429B655 483319 9548 SH OTR ALL 9548 0 0 iShares iBoxx High Yield Corp Bond ETF EXCHANGE TRADED FUND 464288513 367259 4336 SH OTR ALL 4336 0 0 iShares iBoxx Investment Grade EXCHANGE TRADED FUND 464287242 674060 5492 SH OTR ALL 5492 0 0 ISHARES INC MSCI SINGAPORE INDEX FD EXCHANGE TRADED FUND 464286673 489650 45046 SH OTR ALL 45046 0 0 iShares Intermediate Credit EXCHANGE TRADED FUND 464288638 637408 5729 SH OTR ALL 5729 0 0 iShares Lehman 1-3 Tr EXCHANGE TRADED FUND 464287457 316281 3707 SH OTR ALL 3707 0 0 iShares Lehman 20+ Tr EXCHANGE TRADED FUND 464287432 37503 270 SH OTR ALL 270 0 0 iShares Lehman 7-10 Tr EXCHANGE TRADED FUND 464287440 59412 526 SH OTR ALL 526 0 0 iShares MBS ETF EXCHANGE TRADED FUND 464288588 501573 4561 SH OTR ALL 4561 0 0 iShares MSCI Germany Index EXCHANGE TRADED FUND 464286806 459547 19108 SH OTR ALL 19108 0 0 iShares MSCI Hong Kong Index Fund EXCHANGE TRADED FUND 464286871 488556 24951 SH OTR ALL 24951 0 0 iShares MSCI India ETF EXCHANGE TRADED FUND 46429B598 506105 18127 SH OTR ALL 18127 0 0 iShares MSCI Ireland Capped ETF EXCHANGE TRADED FUND 46429B507 433652 12066 SH OTR ALL 12066 0 0 iShares MSCI Spain Index EXCHANGE TRADED FUND 464286764 450414 18031 SH OTR ALL 18031 0 0 iShares MSCI Taiwan Index EXCHANGE TRADED FUND 464286731 499294 35537 SH OTR ALL 35537 0 0 iShares TIPS Bond ETF EXCHANGE TRADED FUND 464287176 58218 499 SH OTR ALL 499 0 0 Sector Healthcare Select Spider ETF EXCHANGE TRADED FUND 81369Y209 75433 1052 SH OTR ALL 1052 0 0 Spdr S&P 500 EXCHANGE TRADED FUND 78462F103 556994 2659 SH OTR ALL 2659 0 0 Vanguard Intermediate - Term Corporate Bond ETF EXCHANGE TRADED FUND 92206C870 186062 2081 SH OTR ALL 2081 0 0 Energy Transfer Partners LP LIMITED PARTNERSHIPS 29273R109 650425 17085 SH OTR ALL 17085 0 0 Citigroup Inc. PREFERRED STOCK 172967358 246555 8558 SH OTR ALL 8558 0 0 Digital Realty Trust Inc PREFERRED STOCK 253868871 223291 7713 SH OTR ALL 7713 0 0 JPMorgan Chase & Co PREFERRED STOCK 48127A161 259073 9174 SH OTR ALL 9174 0 0 Morgan Stanley Repstng 1/1000 Non Cuml PFD F Pe PREFERRED STOCK 61763E207 261648 9104 SH OTR ALL 9104 0 0 Nustar Logistics Lp PREFERRED STOCK 67059T204 243480 9798 SH OTR ALL 9798 0 0 Seaspan Corp PREFERRED STOCK Y75638133 255114 9946 SH OTR ALL 9946 0 0 Wells Fargo & Co PREFERRED STOCK 949746556 255069 9245 SH OTR ALL 9245 0 0 CyrusOne Inc. REITS - usd 23283R100 584763 10506 SH OTR ALL 10506 0 0 Extra Space Storage Inc. REITS - usd 30225T102 585130 6323 SH OTR ALL 6323 0 0 General Growth Properties, Inc. REITS - usd 370023103 1214300 40721 SH OTR ALL 40721 0 0 Omega Healthcare Investors Inc REITS - usd 681936100 768220 22628 SH OTR ALL 22628 0 0 Realty Income Corporation REITS - usd 756109104 1204367 17364 SH OTR ALL 17364 0 0 W P Carey Inc REITS - usd 92936U109 912942 13151 SH OTR ALL 13151 0 0 Safeway Casa Ley CVR WARRANTS 786cvr209 84724 83481 SH OTR ALL 83481 0 0 Safeway PDC, LLC CVR WARRANTS 786cvr308 4073 83481 SH OTR ALL 83481 0 0