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
ALCOA INC COM 013817101 89 11,000 SH   SOLE   11,000 0 0
AARONS INC COM PAR $0.50 002535300 222 8,000 SH   SOLE   8,000 0 0
APPLE INC COM 037833100 238 500 SH   SOLE   500 0 0
ARBOR RLTY TR INC COM 038923108 244 36,000 SH   SOLE   36,000 0 0
AMERICAN CAP LTD COM 02503Y103 151 11,000 SH   SOLE   11,000 0 0
ACE LTD SHS H0023R105 234 2,500 SH   SOLE   2,500 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 265 3,600 SH   SOLE   3,600 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 253 3,500 SH   SOLE   3,500 0 0
BLDRS INDEX FDS TR EUR 100 ADR 09348R409 217 9,300 SH   SOLE   9,300 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 275 1,300 SH   SOLE   1,300 0 0
ADTRAN INC COM 00738A106 261 9,800 SH   SOLE   9,800 0 0
AEGON N V NY REGISTRY SH 007924103 151 20,426 SH   SOLE   20,426 0 0
AGL RES INC COM 001204106 253 5,500 SH   SOLE   5,500 0 0
AGRIUM INC COM 008916108 210 2,500 SH   SOLE   2,500 0 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 243 6,700 SH   SOLE   6,700 0 0
ARLINGTON ASSET INVT CORP CL A NEW 041356205 8,085 340,000 SH   SOLE   340,000 0 0
APOLLO INVT CORP COM 03761U106 10,351 1,270,000 SH   SOLE   1,270,000 0 0
ASSURANT INC COM 04621X108 271 5,000 SH   SOLE   5,000 0 0
GALLAGHER ARTHUR J & CO COM 363576109 982 22,500 SH   SOLE   22,500 0 0
AUTOLIV INC COM 052800109 306 3,500 SH   SOLE   3,500 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 730 50,000 SH   SOLE   50,000 0 0
AMAZON COM INC COM 023135106 219 700 SH   SOLE   700 0 0
AON PLC SHS CL A G0408V102 253 3,400 SH   SOLE   3,400 0 0
AIR PRODS & CHEMS INC COM 009158106 202 1,900 SH   SOLE   1,900 0 0
AMERICAN PUBLIC EDUCATION IN COM 02913V103 253 6,700 SH   SOLE   6,700 0 0
ARES CAP CORP COM 04010L103 12,190 705,000 SH   SOLE   705,000 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 177 14,500 SH   SOLE   14,500 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 764 50,000 SH   SOLE   50,000 0 0
ATLAS RESOURCE PARTNERS LP COM UNT LTD PR 04941A101 3,141 150,000 SH   SOLE   150,000 0 0
ASML HOLDING N V NY REG SHS N07059210 243 2,464 SH   SOLE   2,464 0 0
AMERICA FIRST TAX EX IVS L P BEN UNIT CTF 02364V107 3,430 500,000 SH   SOLE   500,000 0 0
ATMI INC COM 00207R101 273 10,300 SH   SOLE   10,300 0 0
AVIVA PLC ADR 05382A104 334 26,000 SH   SOLE   26,000 0 0
AIRCASTLE LTD COM G0129K104 408 23,500 SH   SOLE   23,500 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 208 4,000 SH   SOLE   4,000 0 0
BOEING CO COM 097023105 223 1,900 SH   SOLE   1,900 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 224 6,000 SH   SOLE   6,000 0 0
BAXTER INTL INC COM 071813109 263 4,000 SH   SOLE   4,000 0 0
BREITBURN ENERGY PARTNERS LP COM UT LTD PTN 106776107 1,604 87,500 SH   SOLE   87,500 0 0
BB&T CORP COM 054937107 1,124 33,300 SH   SOLE   33,300 0 0
BCE INC COM NEW 05534B760 777 18,200 SH   SOLE   18,200 0 0
BE AEROSPACE INC COM 073302101 266 3,600 SH   SOLE   3,600 0 0
BGC PARTNERS INC CL A 05541T101 463 82,000 SH   SOLE   82,000 0 0
BIO RAD LABS INC CL A 090572207 294 2,500 SH   SOLE   2,500 0 0
BLACKROCK KELSO CAPITAL CORP COM 092533108 4,176 440,000 SH   SOLE   440,000 0 0
BLACKROCK INC COM 09247X101 203 750 SH   SOLE   750 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 301 6,500 SH   SOLE   6,500 0 0
BANK N S HALIFAX COM 064149107 258 4,500 SH   SOLE   4,500 0 0
BP PLC SPONSORED ADR 055622104 1,286 30,600 SH   SOLE   30,600 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 476 15,000 SH   SOLE   15,000 0 0
BRF - BRASIL FOODS S A SPONSORED ADR 10552T107 272 11,100 SH   SOLE   11,100 0 0
BRUKER CORP COM 116794108 223 10,800 SH   SOLE   10,800 0 0
BT GROUP PLC ADR 05577E101 221 4,000 SH   SOLE   4,000 0 0
BAZAARVOICE INC COM 073271108 186 20,500 SH   SOLE   20,500 0 0
BABCOCK & WILCOX CO NEW COM 05615F102 202 6,000 SH   SOLE   6,000 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 1,210 48,600 SH   SOLE   48,600 0 0
CACI INTL INC CL A 127190304 214 3,100 SH   SOLE   3,100 0 0
CHICAGO BRIDGE & IRON CO N V N Y REGISTRY SH 167250109 285 4,200 SH   SOLE   4,200 0 0
CBOE HLDGS INC COM 12503M108 226 5,000 SH   SOLE   5,000 0 0
CELGENE CORP COM 151020104 231 1,500 SH   SOLE   1,500 0 0
CF INDS HLDGS INC COM 125269100 253 1,200 SH   SOLE   1,200 0 0
COLFAX CORP COM 194014106 232 4,100 SH   SOLE   4,100 0 0
CHIMERA INVT CORP COM 16934Q109 5,928 1,950,000 SH   SOLE   1,950,000 0 0
CIRCOR INTL INC COM 17273K109 280 4,500 SH   SOLE   4,500 0 0
CORE LABORATORIES N V COM N22717107 305 1,800 SH   SOLE   1,800 0 0
CORELOGIC INC COM 21871D103 243 9,000 SH   SOLE   9,000 0 0
CALAMOS ASSET MGMT INC CL A 12811R104 120 12,000 SH   SOLE   12,000 0 0
COLUMBUS MCKINNON CORP N Y COM 199333105 293 12,200 SH   SOLE   12,200 0 0
CME GROUP INC COM 12572Q105 1,079 14,600 SH   SOLE   14,600 0 0
CAPSTEAD MTG CORP COM NO PAR 14067E506 165 14,000 SH   SOLE   14,000 0 0
CENTENE CORP DEL COM 15135B101 262 4,100 SH   SOLE   4,100 0 0
CNH GLOBAL N V SHS NEW N20935206 134 10,718 SH   SOLE   10,718 0 0
COMPASS DIVERSIFIED HOLDINGS SHS BEN INT 20451Q104 10,799 606,000 SH   SOLE   606,000 0 0
COPART INC COM 217204106 223 7,000 SH   SOLE   7,000 0 0
CREE INC COM INVALID 235 3,900 SH   SOLE   3,900 0 0
SALESFORCE COM INC COM 79466L302 311 6,000 SH   SOLE   6,000 0 0
CISCO SYS INC COM 17275R102 475 20,300 SH   SOLE   20,300 0 0
COSTAR GROUP INC COM 22160N109 302 1,800 SH   SOLE   1,800 0 0
OUTERWALL INC COM 690070107 200 4,000 SH   SOLE   4,000 0 0
CENOVUS ENERGY INC COM 15135U109 203 6,800 SH   SOLE   6,800 0 0
CHEVRON CORP NEW COM 166764100 279 2,300 SH   SOLE   2,300 0 0
CORRECTIONS CORP AMER NEW COM NEW 22025Y407 259 7,500 SH   SOLE   7,500 0 0
CYNOSURE INC CL A 232577205 208 9,100 SH   SOLE   9,100 0 0
DOMINION RES INC VA NEW COM 25746U109 1,712 27,400 SH   SOLE   27,400 0 0
NTT DOCOMO INC SPONS ADR 62942M201 195 12,000 SH   SOLE   12,000 0 0
DU PONT E I DE NEMOURS & CO COM INVALID 1,235 21,100 SH   SOLE   21,100 0 0
DANAHER CORP DEL COM 235851102 215 3,100 SH   SOLE   3,100 0 0
DINEEQUITY INC COM 254423106 952 13,800 SH   SOLE   13,800 0 0
PHYSICIANS RLTY TR COM 71943U104 1,212 100,000 SH   SOLE   100,000 0 0
DOW CHEM CO COM 260543103 1,498 39,000 SH   SOLE   39,000 0 0
AMDOCS LTD ORD G02602103 256 7,000 SH   SOLE   7,000 0 0
ISHARES ASIA/PAC DIV ETF 464286293 235 4,300 SH   SOLE   4,300 0 0
DYNEX CAP INC COM NEW 26817Q506 789 90,000 SH   SOLE   90,000 0 0
ENI S P A SPONSORED ADR 26874R108 1,312 28,500 SH   SOLE   28,500 0 0
ECOPETROL S A SPONSORED ADS 279158109 483 10,500 SH   SOLE   10,500 0 0
ISHARES MSCI EMG MKT ETF 464287234 285 7,000 SH   SOLE   7,000 0 0
ELLINGTON FINANCIAL LLC COM 288522303 7,640 340,000 SH   SOLE   340,000 0 0
8 X 8 INC COM 282914100 186 18,500 SH   SOLE   18,500 0 0
NIC INC COM 62914B100 252 10,900 SH   SOLE   10,900 0 0
ISHARES MSCI EMK GRW ETF 464286467 264 5,000 SH   SOLE   5,000 0 0
ELAN PLC ADR 284131208 203 13,000 SH   SOLE   13,000 0 0
EMULEX CORP COM NEW 292475209 303 39,000 SH   SOLE   39,000 0 0
ENERSIS S A SPONSORED ADR 29274F104 193 12,000 SH   SOLE   12,000 0 0
REED ELSEVIER N V SPONS ADR NEW 758204200 221 5,500 SH   SOLE   5,500 0 0
ENERNOC INC COM 292764107 172 11,500 SH   SOLE   11,500 0 0
ENVESTNET INC COM 29404K106 291 9,400 SH   SOLE   9,400 0 0
ISHARES MSCI PAC JP ETF 464286665 310 6,500 SH   SOLE   6,500 0 0
ERIE INDTY CO CL A 29530P102 254 3,500 SH   SOLE   3,500 0 0
EMBRAER S A SP ADR REP 4 COM 29082A107 273 8,400 SH   SOLE   8,400 0 0
ENSCO PLC SHS CLASS A G3157S106 269 5,000 SH   SOLE   5,000 0 0
EATON CORP PLC SHS G29183103 220 3,200 SH   SOLE   3,200 0 0
ISHARES MSCI AUST ETF 464286103 303 12,000 SH   SOLE   12,000 0 0
ISHARES MSCI MALAYSI ETF 464286830 153 10,200 SH   SOLE   10,200 0 0
ISHARES MSCI SINGAP ETF 464286673 307 23,000 SH   SOLE   23,000 0 0
ABERDEEN ASIA PACIFIC INCOM COM 003009107 1,957 323,000 SH   SOLE   323,000 0 0
FACEBOOK INC CL A 30303M102 332 6,600 SH   SOLE   6,600 0 0
FACTSET RESH SYS INC COM 303075105 218 2,000 SH   SOLE   2,000 0 0
FIDUS INVT CORP COM 316500107 6,773 349,100 SH   SOLE   349,100 0 0
FLUSHING FINL CORP COM 343873105 203 11,000 SH   SOLE   11,000 0 0
FEDERATED INVS INC PA CL B 314211103 462 17,000 SH   SOLE   17,000 0 0
FLOWERS FOODS INC COM 343498101 232 10,800 SH   SOLE   10,800 0 0
FLUOR CORP NEW COM 343412102 206 2,900 SH   SOLE   2,900 0 0
FLOWSERVE CORP COM 34354P105 275 4,400 SH   SOLE   4,400 0 0
FLY LEASING LTD SPONSORED ADR 34407D109 2,243 161,600 SH   SOLE   161,600 0 0
F M C CORP COM NEW 302491303 215 3,000 SH   SOLE   3,000 0 0
FINANCIAL ENGINES INC COM 317485100 285 4,800 SH   SOLE   4,800 0 0
FIFTH STREET FINANCE CORP COM 31678A103 12,142 1,180,000 SH   SOLE   1,180,000 0 0
FIFTH STR SR FLOATING RATE CO COM 31679F101 2,580 190,548 SH   SOLE   190,548 0 0
FMC TECHNOLOGIES INC COM 30249U101 260 4,700 SH   SOLE   4,700 0 0
FULLER H B CO COM 359694106 235 5,200 SH   SOLE   5,200 0 0
FULL CIRCLE CAP CORP COM 359671104 1,949 228,000 SH   SOLE   228,000 0 0
GARRISON CAP INC COM 366554103 5,173 350,025 SH   SOLE   350,025 0 0
GREATBATCH INC COM 39153L106 242 7,100 SH   SOLE   7,100 0 0
GOLUB CAP BDC INC COM 38173M102 3,988 230,000 SH   SOLE   230,000 0 0
GENERAL DYNAMICS CORP COM 369550108 245 2,800 SH   SOLE   2,800 0 0
GENERAL ELECTRIC CO COM 369604103 1,146 48,000 SH   SOLE   48,000 0 0
GEO GROUP INC COM 36159R103 433 13,000 SH   SOLE   13,000 0 0
GILEAD SCIENCES INC COM 375558103 226 3,600 SH   SOLE   3,600 0 0
GENERAL MLS INC COM 370334104 288 6,000 SH   SOLE   6,000 0 0
GOOGLE INC CL A 38259P508 219 250 SH   SOLE   250 0 0
GOVERNMENT PPTYS INCOME TR COM SHS BEN INT 38376A103 201 8,400 SH   SOLE   8,400 0 0
GRIFOLS S A SPADRREPBNVT 398438408 200 6,600 SH   SOLE   6,600 0 0
GARMIN LTD SHS H2906T109 633 14,000 SH   SOLE   14,000 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 236 4,700 SH   SOLE   4,700 0 0
GENESEE & WYO INC CL A 371559105 205 2,200 SH   SOLE   2,200 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 1,628 30,000 SH   SOLE   30,000 0 0
HARVEST CAP CR CORP COM 41753F109 1,977 132,323 SH   SOLE   132,323 0 0
HOLLYFRONTIER CORP COM 436106108 926 22,000 SH   SOLE   22,000 0 0
HANGER INC COM NEW 41043F208 246 7,300 SH   SOLE   7,300 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 1,027 33,000 SH   SOLE   33,000 0 0
HIMAX TECHNOLOGIES INC SPONSORED ADR 43289P106 420 42,000 SH   SOLE   42,000 0 0
HOME LN SERVICING SOLUTIONS ORD SHS G6648D109 4,028 183,000 SH   SOLE   183,000 0 0
HONDA MOTOR LTD AMERN SHS 438128308 206 5,400 SH   SOLE   5,400 0 0
HOME PROPERTIES INC COM 437306103 231 4,000 SH   SOLE   4,000 0 0
HELIOS MULTI SEC HI INC FD I COM NEW 42327Y202 426 73,300 SH   SOLE   73,300 0 0
HORACE MANN EDUCATORS CORP N COM 440327104 312 11,000 SH   SOLE   11,000 0 0
HNI CORP COM 404251100 289 8,000 SH   SOLE   8,000 0 0
HARRIS CORP DEL COM 413875105 213 3,600 SH   SOLE   3,600 0 0
HORIZON TECHNOLOGY FIN CORP COM 44045A102 3,836 288,000 SH   SOLE   288,000 0 0
HERCULES TECH GROWTH CAP INC COM 427096508 915 60,000 SH   SOLE   60,000 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 226 10,200 SH   SOLE   10,200 0 0
HEXCEL CORP NEW COM 428291108 310 8,000 SH   SOLE   8,000 0 0
MANAGED HIGH YIELD PLUS FD I COM 561911108 518 259,000 SH   SOLE   259,000 0 0
ISHARES IBOXX HI YD ETF 464288513 14,558 159,000 SH   SOLE   159,000 0 0
ADVISORSHARES TR PERITUS HG YLD 00768Y503 20,440 397,500 SH   SOLE   397,500 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 21,641 206,300 SH   SOLE   206,300 0 0
ICON PLC SHS G4705A100 213 5,200 SH   SOLE   5,200 0 0
ICONIX BRAND GROUP INC COM 451055107 249 7,500 SH   SOLE   7,500 0 0
ICU MED INC COM 44930G107 238 3,500 SH   SOLE   3,500 0 0
ISHARES INTL SEL DIV ETF 464288448 254 7,000 SH   SOLE   7,000 0 0
IDEX CORP COM 45167R104 294 4,500 SH   SOLE   4,500 0 0
ISHARES LATN AMER 40 ETF 464287390 210 5,500 SH   SOLE   5,500 0 0
ING GROEP N V SPONSORED ADR 456837103 148 13,000 SH   SOLE   13,000 0 0
SUMMIT HOTEL PPTYS COM 866082100 211 23,000 SH   SOLE   23,000 0 0
INTEL CORP COM 458140100 1,176 51,300 SH   SOLE   51,300 0 0
INTER PARFUMS INC COM 458334109 252 8,400 SH   SOLE   8,400 0 0
INGERSOLL-RAND PLC SHS G47791101 221 3,400 SH   SOLE   3,400 0 0
INTERSIL CORP CL A 46069S109 1,585 141,200 SH   SOLE   141,200 0 0
INVESCO LTD SHS G49ABT108 510 16,000 SH   SOLE   16,000 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 8,864 222,500 SH   SOLE   222,500 0 0
JPMORGAN CHASE & CO COM 46625H100 362 7,000 SH   SOLE   7,000 0 0
KCAP FINL INC COM 48668E101 4,248 473,000 SH   SOLE   473,000 0 0
KEYCORP NEW COM 493267108 139 12,000 SH   SOLE   12,000 0 0
KKR FINANCIAL HLDGS LLC COM 48248A306 4,132 400,000 SH   SOLE   400,000 0 0
KIMBERLY CLARK CORP COM 494368103 236 2,500 SH   SOLE   2,500 0 0
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 998 12,500 SH   SOLE   12,500 0 0
CARMAX INC COM 143130102 213 4,400 SH   SOLE   4,400 0 0
COCA COLA CO COM 191216100 303 8,000 SH   SOLE   8,000 0 0
LAZARD LTD SHS A G54050102 1,333 37,000 SH   SOLE   37,000 0 0
LANDAUER INC COM 51476K103 657 12,800 SH   SOLE   12,800 0 0
LITTELFUSE INC COM 537008104 289 3,700 SH   SOLE   3,700 0 0
LACLEDE GROUP INC COM 505597104 293 6,500 SH   SOLE   6,500 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 248 2,500 SH   SOLE   2,500 0 0
LILLY ELI & CO COM 532457108 302 6,000 SH   SOLE   6,000 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 235 1,600 SH   SOLE   1,600 0 0
LOCKHEED MARTIN CORP COM 539830109 1,568 12,300 SH   SOLE   12,300 0 0
LINCOLN NATL CORP IND COM 534187109 420 10,000 SH   SOLE   10,000 0 0
LORILLARD INC COM 544147101 1,012 22,600 SH   SOLE   22,600 0 0
LOWES COS INC COM 548661107 286 6,000 SH   SOLE   6,000 0 0
LANDSTAR SYS INC COM 515098101 241 4,300 SH   SOLE   4,300 0 0
LIBERTY INTERACTIVE CORP LBT VENT COM A 53071M880 300 3,400 SH   SOLE   3,400 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 688 9,400 SH   SOLE   9,400 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 321 17,300 SH   SOLE   17,300 0 0
MEDLEY CAP CORP COM 58503F106 6,392 463,500 SH   SOLE   463,500 0 0
MCDONALDS CORP COM 580135101 289 3,000 SH   SOLE   3,000 0 0
MCG CAPITAL CORP COM 58047P107 6,804 1,350,000 SH   SOLE   1,350,000 0 0
MOODYS CORP COM 615369105 176 2,500 SH   SOLE   2,500 0 0
MDC PARTNERS INC CLA SUB VTG 552697104 294 10,500 SH   SOLE   10,500 0 0
MENTOR GRAPHICS CORP COM 587200106 243 10,400 SH   SOLE   10,400 0 0
METLIFE INC COM 59156R108 2,113 45,000 SH   SOLE   45,000 0 0
MULTIMEDIA GAMES HLDG CO INC COM 625453105 242 7,000 SH   SOLE   7,000 0 0
MAIDEN HOLDINGS LTD SHS G5753U112 201 17,000 SH   SOLE   17,000 0 0
WESTERN ASSET MGD HI INCM F COM 95766L107 362 63,700 SH   SOLE   63,700 0 0
MIDDLEBY CORP COM 596278101 313 1,500 SH   SOLE   1,500 0 0
MOBILE MINI INC COM 60740F105 276 8,100 SH   SOLE   8,100 0 0
AG MTG INVT TR INC COM 001228105 4,155 250,000 SH   SOLE   250,000 0 0
MARKEL CORP COM 570535104 207 400 SH   SOLE   400 0 0
MUELLER INDS INC COM 624756102 256 4,600 SH   SOLE   4,600 0 0
ALTRIA GROUP INC COM 02209S103 1,264 36,800 SH   SOLE   36,800 0 0
MONROE CAP CORP COM 610335101 3,721 286,500 SH   SOLE   286,500 0 0
MERCK & CO INC COM 589331107 1,342 28,200 SH   SOLE   28,200 0 0
MICROSOFT CORP COM 594918104 643 19,300 SH   SOLE   19,300 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L104 137 10,000 SH   SOLE   10,000 0 0
M & T BK CORP COM 55261F104 280 2,500 SH   SOLE   2,500 0 0
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 141 22,000 SH   SOLE   22,000 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 1,803 60,500 SH   SOLE   60,500 0 0
MYERS INDS INC COM 628464109 215 10,700 SH   SOLE   10,700 0 0
NEWCASTLE INVT CORP COM 65105M108 1,967 350,000 SH   SOLE   350,000 0 0
NORDSON CORP COM 655663102 258 3,500 SH   SOLE   3,500 0 0
NEWMARKET CORP COM 651587107 230 800 SH   SOLE   800 0 0
NGP CAP RES CO COM 62912R107 1,363 183,393 SH   SOLE   183,393 0 0
NIKE INC CL B 654106103 291 4,000 SH   SOLE   4,000 0 0
NEW MTN FIN CORP COM 647551100 4,568 317,000 SH   SOLE   317,000 0 0
NORTHSTAR RLTY FIN CORP COM 66704R100 8,992 969,000 SH   SOLE   969,000 0 0
NEW RESIDENTIAL INVT CORP COM 64828T102 4,965 750,000 SH   SOLE   750,000 0 0
NORFOLK SOUTHERN CORP COM 655844108 309 4,000 SH   SOLE   4,000 0 0
NETAPP INC COM 64110D104 256 6,000 SH   SOLE   6,000 0 0
NETEASE INC SPONSORED ADR 64110W102 283 3,900 SH   SOLE   3,900 0 0
NUCOR CORP COM 670346105 201 4,100 SH   SOLE   4,100 0 0
NU SKIN ENTERPRISES INC CL A 67018T105 220 2,300 SH   SOLE   2,300 0 0
NORTHWEST BANCSHARES INC MD COM 667340103 264 20,000 SH   SOLE   20,000 0 0
OASIS PETE INC NEW COM 674215108 236 4,800 SH   SOLE   4,800 0 0
OCEANFIRST FINL CORP COM 675234108 338 20,000 SH   SOLE   20,000 0 0
OFS CAP CORP COM 67103B100 137 10,800 SH   SOLE   10,800 0 0
ONE LIBERTY PPTYS INC COM 682406103 1,259 62,077 SH   SOLE   62,077 0 0
OMNICELL INC COM 68213N109 260 11,000 SH   SOLE   11,000 0 0
ORACLE CORP COM 68389X105 255 7,700 SH   SOLE   7,700 0 0
OLD REP INTL CORP COM 680223104 1,132 73,500 SH   SOLE   73,500 0 0
ORION MARINE GROUP INC COM 68628V308 108 10,400 SH   SOLE   10,400 0 0
PAYCHEX INC COM 704326107 325 8,000 SH   SOLE   8,000 0 0
PRECISION CASTPARTS CORP COM 740189105 261 1,150 SH   SOLE   1,150 0 0
PDF SOLUTIONS INC COM 693282105 351 16,500 SH   SOLE   16,500 0 0
MEDNAX INC COM 58502B106 301 3,000 SH   SOLE   3,000 0 0
PENNANTPARK FLOATING RATE CA COM 70806A106 3,445 250,000 SH   SOLE   250,000 0 0
PROOFPOINT INC COM 743424103 222 6,900 SH   SOLE   6,900 0 0
PROCTER & GAMBLE CO COM 742718109 227 3,000 SH   SOLE   3,000 0 0
PREMIERE GLOBAL SVCS INC COM 740585104 184 18,500 SH   SOLE   18,500 0 0
PHH CORP COM NEW 693320202 214 9,000 SH   SOLE   9,000 0 0
PARK OHIO HLDGS CORP COM 700666100 280 7,300 SH   SOLE   7,300 0 0
PHILIP MORRIS INTL INC COM 718172109 1,060 12,250 SH   SOLE   12,250 0 0
PTC INC COM 69370C100 227 8,000 SH   SOLE   8,000 0 0
PENNANTPARK INVT CORP COM 708062104 5,765 512,000 SH   SOLE   512,000 0 0
PPG INDS INC COM 693506107 301 1,800 SH   SOLE   1,800 0 0
PARTNERRE LTD COM G6852T105 366 4,000 SH   SOLE   4,000 0 0
PAREXEL INTL CORP COM 699462107 261 5,200 SH   SOLE   5,200 0 0
PROSPECT CAPITAL CORPORATION COM 74348T102 10,062 900,000 SH   SOLE   900,000 0 0
PRICESMART INC COM 741511109 238 2,500 SH   SOLE   2,500 0 0
QUALCOMM INC COM 747525103 788 11,700 SH   SOLE   11,700 0 0
QUESTCOR PHARMACEUTICALS INC COM 74835Y101 249 4,300 SH   SOLE   4,300 0 0
REYNOLDS AMERICAN INC COM 761713106 1,293 26,500 SH   SOLE   26,500 0 0
RAIT FINANCIAL TRUST COM NEW 749227609 1,274 180,000 SH   SOLE   180,000 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 624 9,500 SH   SOLE   9,500 0 0
RESOURCES CONNECTION INC COM 76122Q105 258 19,000 SH   SOLE   19,000 0 0
ROCKWOOD HLDGS INC COM 774415103 254 3,800 SH   SOLE   3,800 0 0
ROSE ROCK MIDSTREAM L P COM U REP LTD 777149105 863 27,000 SH   SOLE   27,000 0 0
REPUBLIC SVCS INC COM 760759100 500 15,000 SH   SOLE   15,000 0 0
RESOURCE CAP CORP COM 76120W302 594 100,000 SH   SOLE   100,000 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 642 10,000 SH   SOLE   10,000 0 0
RAYONIER INC COM 754907103 250 4,500 SH   SOLE   4,500 0 0
BANCO SANTANDER SA ADR 05964H105 126 15,381 SH   SOLE   15,381 0 0
ISHARES MSCI JAPN SMCETF 464286582 248 4,500 SH   SOLE   4,500 0 0
STELLUS CAP INVT CORP COM 858568108 2,156 143,900 SH   SOLE   143,900 0 0
ISHARES EAFE SML CP ETF 464288273 267 5,500 SH   SOLE   5,500 0 0
SEADRILL LIMITED SHS G7945E105 3,742 83,000 SH   SOLE   83,000 0 0
STIFEL FINL CORP COM 860630102 206 5,000 SH   SOLE   5,000 0 0
SHIP FINANCE INTERNATIONAL L SHS G81075106 3,665 240,000 SH   SOLE   240,000 0 0
SHIRE PLC SPONSORED ADR 82481R106 216 1,800 SH   SOLE   1,800 0 0
SIGNET JEWELERS LIMITED SHS G81276100 279 3,900 SH   SOLE   3,900 0 0
SPDR SER TRUST CAP S/T HI YLD 78468R408 13,025 426,500 SH   SOLE   426,500 0 0
SOLAR CAP LTD COM 83413U100 12,537 565,500 SH   SOLE   565,500 0 0
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 224 2,860 SH   SOLE   2,860 0 0
SANOFI AVENTIS SPONSORED ADR 80105N105 253 5,000 SH   SOLE   5,000 0 0
SODASTREAM INTERNATIONAL LTD USD SHS M9068E105 218 3,500 SH   SOLE   3,500 0 0
SONOCO PRODS CO COM 835495102 257 6,600 SH   SOLE   6,600 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 220 4,700 SH   SOLE   4,700 0 0
SPIRIT RLTY CAP INC COM 84860F109 1,497 163,143 SH   SOLE   163,143 0 0
SIMPSON MANUFACTURING CO INC COM 829073105 231 7,100 SH   SOLE   7,100 0 0
SASOL LTD SPONSORED ADR 803866300 239 5,000 SH   SOLE   5,000 0 0
STUDENT TRANSN INC COM 86388A108 3,019 480,000 SH   SOLE   480,000 0 0
STATE AUTO FINL CORP COM 855707105 272 13,000 SH   SOLE   13,000 0 0
STEEL DYNAMICS INC COM 858119100 251 15,000 SH   SOLE   15,000 0 0
STATOIL ASA SPONS ADR 85771P102 204 9,000 SH   SOLE   9,000 0 0
STARZ LIBRTY CAP COM A 85571Q102 287 10,200 SH   SOLE   10,200 0 0
STARWOOD PPTY TR INC COM 85571B105 1,199 50,000 SH   SOLE   50,000 0 0
SOLAR SR CAP LTD COM 83416M105 2,140 118,350 SH   SOLE   118,350 0 0
SCHWEITZER-MAUDUIT INTL INC COM 808541106 242 4,000 SH   SOLE   4,000 0 0
SAFEWAY INC COM NEW 786514208 1,382 43,200 SH   SOLE   43,200 0 0
SYNGENTA AG SPONSORED ADR 87160A100 244 3,000 SH   SOLE   3,000 0 0
SYSCO CORP COM 871829107 302 9,500 SH   SOLE   9,500 0 0
AT & T CORP COM 00206R102 1,201 35,500 SH   SOLE   35,500 0 0
TRANSALTA CORP COM 89346D107 132 10,200 SH   SOLE   10,200 0 0
MEDALLION FINL CORP COM 583928106 193 13,000 SH   SOLE   13,000 0 0
TRUEBLUE INC COM 89785X101 226 9,400 SH   SOLE   9,400 0 0
TRIANGLE CAP CORP COM 895848109 1,615 55,000 SH   SOLE   55,000 0 0
TCP CAP CORP COM 87238Q103 10,258 632,457 SH   SOLE   632,457 0 0
THL CR INC COM 872438106 9,372 600,000 SH   SOLE   600,000 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 315 3,500 SH   SOLE   3,500 0 0
TELEDYNE TECHNOLOGIES INC COM 879360105 255 3,000 SH   SOLE   3,000 0 0
TELEFONICA S A SPONSORED ADR 879382208 170 11,000 SH   SOLE   11,000 0 0
TREDEGAR CORP COM 894650100 216 8,300 SH   SOLE   8,300 0 0
TRIUMPH GROUP INC NEW COM 896818101 211 3,000 SH   SOLE   3,000 0 0
MARKET VECTORS ETF TR HI YLD TREA BD 57061R775 673 27,000 SH   SOLE   27,000 0 0
THOR INDS INC COM 885160101 290 5,000 SH   SOLE   5,000 0 0
TICC CAPITAL CORP COM 87244T109 4,261 437,000 SH   SOLE   437,000 0 0
TEAM INC COM 878155100 231 5,800 SH   SOLE   5,800 0 0
TANGOE INC COM 87582Y108 387 16,200 SH   SOLE   16,200 0 0
TERRA NITROGEN CO L P COM UNIT 881005201 466 2,300 SH   SOLE   2,300 0 0
ISHARES MSCI KOKUSAI ETF 464288265 224 4,600 SH   SOLE   4,600 0 0
TOTAL S A SPONSORED ADR 89151E109 1,390 24,000 SH   SOLE   24,000 0 0
TRIPADVISOR INC COM 896945201 296 3,900 SH   SOLE   3,900 0 0
SPEEDWAY MOTORSPORTS INC COM 847788106 376 21,000 SH   SOLE   21,000 0 0
TRANSCANADA CORP COM 89353D107 264 6,000 SH   SOLE   6,000 0 0
TRIMAS CORP COM NEW 896215209 213 5,700 SH   SOLE   5,700 0 0
TRAVELERS COMPANIES INC COM 89417E109 1,034 12,200 SH   SOLE   12,200 0 0
TRACTOR SUPPLY CO COM 892356106 269 4,000 SH   SOLE   4,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 237 14,000 SH   SOLE   14,000 0 0
TRADE STR RESIDENTIAL INC COM NEW 89255N203 84 12,000 SH   SOLE   12,000 0 0
TORO CO COM 891092108 245 4,500 SH   SOLE   4,500 0 0
GRUPO TELEVISA SA DE CV SP ADR REP ORD 40049J206 266 9,500 SH   SOLE   9,500 0 0
TOWERS WATSON & CO CL A 891894107 332 3,100 SH   SOLE   3,100 0 0
TWO HBRS INVT CORP COM 90187B101 3,690 380,000 SH   SOLE   380,000 0 0
TEXAS INSTRS INC COM 882508104 1,120 27,800 SH   SOLE   27,800 0 0
UFP TECHNOLOGIES INC COM 902673102 228 10,000 SH   SOLE   10,000 0 0
ULTA SALON COSMETICS & FRAG I COM 90384S303 287 2,400 SH   SOLE   2,400 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 474 8,700 SH   SOLE   8,700 0 0
MERIDIAN BIOSCIENCE INC COM 589584101 568 24,000 SH   SOLE   24,000 0 0
VANGUARD NATURAL RESOURCES L COM UNIT 92205F106 1,698 60,700 SH   SOLE   60,700 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 1,963 55,800 SH   SOLE   55,800 0 0
VANGUARD INTL EQUITY INDEX F MSCI PAC ETF 922042866 304 5,000 SH   SOLE   5,000 0 0
VALIDUS HOLDINGS LTD COM SHS G9319H102 1,109 30,000 SH   SOLE   30,000 0 0
VERISK ANALYTICS INC CL A 92345Y106 305 4,700 SH   SOLE   4,700 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 220 2,900 SH   SOLE   2,900 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 376 3,600 SH   SOLE   3,600 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 306 5,500 SH   SOLE   5,500 0 0
WABTEC CORP COM 929740108 314 5,000 SH   SOLE   5,000 0 0
WASTE CONNECTIONS INC COM 941053100 272 6,000 SH   SOLE   6,000 0 0
WENDYS CO COM 95058W100 199 23,500 SH   SOLE   23,500 0 0
WHITEHORSE FIN INC COM 96524V106 6,795 450,000 SH   SOLE   450,000 0 0
WIPRO LTD SPON ADR 1 SH 97651M109 277 27,000 SH   SOLE   27,000 0 0
WASTE MGMT INC DEL COM 94106L109 998 24,200 SH   SOLE   24,200 0 0
WILLIAMS COS INC DEL COM 969457100 1,040 28,600 SH   SOLE   28,600 0 0
VCA ANTECH INC COM 918194101 247 9,000 SH   SOLE   9,000 0 0
WESTERN UN CO COM 959802109 1,138 61,000 SH   SOLE   61,000 0 0
WYNN RESORTS LTD COM 983134107 1,232 7,800 SH   SOLE   7,800 0 0
YANDEX N V SHS CLASS A N97284108 361 9,900 SH   SOLE   9,900 0 0
ZEBRA TECHNOLOGIES CORP CL A 989207105 232 5,100 SH   SOLE   5,100 0 0
ZAIS FINL CORP COM 98886K108 6,940 400,000 SH   SOLE   400,000 0 0
ZIX CORP COM 98974P100 264 54,000 SH   SOLE   54,000 0 0