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
APPLE INC COM 037833100 272 2,500 SH   SOLE   2,500 0 0
AMBEV SA SPONSORED ADR 02319V103 80 15,500 SH   SOLE   15,500 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 415 3,600 SH   SOLE   3,600 0 0
AVENUE INCOME CR STRATEGIES COM 05358E106 1,206 110,000 SH   SOLE   110,000 0 0
ARES COML REAL ESTATE CORP COM 04013V108 329 30,000 SH   SOLE   30,000 0 0
ADOBE SYS INC COM 00724F101 375 4,000 SH   SOLE   4,000 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 314 3,500 SH   SOLE   3,500 0 0
BLDRS INDEX FDS TR EUR 100 ADR 09348R409 194 10,000 SH   SOLE   10,000 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 308 1,400 SH   SOLE   1,400 0 0
AEGON N V NY REGISTRY SH 007924103 112 20,426 SH   SOLE   20,426 0 0
ATLAS FINANCIAL HOLDINGS INC SHS NEW G06207115 236 13,000 SH   SOLE   13,000 0 0
APOLLO SR FLOATING RATE FD I COM 037636107 2,812 185,000 SH   SOLE   185,000 0 0
ALLERGAN PLC SHS G0177J108 295 1,100 SH   SOLE   1,100 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 9,501 510,000 SH   SOLE   510,000 0 0
AGRIUM INC COM 008916108 221 2,500 SH   SOLE   2,500 0 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 320 6,700 SH   SOLE   6,700 0 0
APOLLO TACTICAL INCOME FD IN COM 037638103 953 70,000 SH   SOLE   70,000 0 0
AIR METHODS CORP COM PAR $.06 009128307 286 7,900 SH   SOLE   7,900 0 0
ALLEGION PUB LTD CO ORD SHS G0176J109 325 5,100 SH   SOLE   5,100 0 0
AUTOLIV INC COM 052800109 296 2,500 SH   SOLE   2,500 0 0
AMC NETWORKS INC CL A 00164V103 312 4,800 SH   SOLE   4,800 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 4,120 307,000 SH   SOLE   307,000 0 0
AMERICAN WOODMARK CORP COM 030506109 373 5,000 SH   SOLE   5,000 0 0
AMAZON COM INC COM 023135106 297 500 SH   SOLE   500 0 0
ANSYS INC COM 03662Q105 268 3,000 SH   SOLE   3,000 0 0
AON PLC SHS CL A G0408V102 355 3,400 SH   SOLE   3,400 0 0
ARES CAP CORP COM 04010L103 7,167 483,000 SH   SOLE   483,000 0 0
ARES DYNAMIC CR ALLOCATION F COM 04014F102 3,573 267,052 SH   SOLE   267,052 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 4,401 270,000 SH   SOLE   270,000 0 0
AVIVA PLC ADR 05382A104 196 15,000 SH   SOLE   15,000 0 0
ALLIANCEBERNSTEIN GBL HGH IN COM 01879R106 2,332 200,000 SH   SOLE   200,000 0 0
ALLIED WRLD ASSUR COM HLDG A SHS H01531104 210 6,000 SH   SOLE   6,000 0 0
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 277 5,000 SH   SOLE   5,000 0 0
AIRCASTLE LTD COM G0129K104 522 23,500 SH   SOLE   23,500 0 0
AUTOZONE INC COM 053332102 335 420 SH   SOLE   420 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 313 9,000 SH   SOLE   9,000 0 0
BCE INC COM NEW 05534B760 319 7,000 SH   SOLE   7,000 0 0
BGC PARTNERS INC CL A 05541T101 5,992 662,000 SH   SOLE   662,000 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 3,682 287,000 SH   SOLE   287,000 0 0
BLACKROCK MULTI-SECTOR INC T COM 09258A107 3,794 240,000 SH   SOLE   240,000 0 0
BLACKROCK CAPITAL INVESTMENT COM 092533108 6,916 735,000 SH   SOLE   735,000 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 204 9,000 SH   SOLE   9,000 0 0
BLACKROCK LTD DURATION INC T COM SHS 09249W101 5,025 340,000 SH   SOLE   340,000 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 356 4,300 SH   SOLE   4,300 0 0
BENEFITFOCUS INC COM 08180D106 233 7,000 SH   SOLE   7,000 0 0
PIMCO ETF TR TTL RTN ACTV ETF 72201R775 374 3,550 SH   SOLE   3,550 0 0
BRUKER CORP COM 116794108 308 11,000 SH   SOLE   11,000 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 210 1,800 SH   SOLE   1,800 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 3,193 255,000 SH   SOLE   255,000 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 10,207 380,000 SH   SOLE   380,000 0 0
CACI INTL INC CL A 127190304 331 3,100 SH   SOLE   3,100 0 0
CAL MAINE FOODS INC COM NEW 128030202 322 6,200 SH   SOLE   6,200 0 0
CARDTRONICS INC COM 14161H108 234 6,500 SH   SOLE   6,500 0 0
CHUBB LIMITED COM H1467J104 298 2,500 SH   SOLE   2,500 0 0
SPDR SERIES TRUST BRC ISSUER SCORD 78464A144 357 11,200 SH   SOLE   11,200 0 0
CROWN CASTLE INTL CORP COM 22822V101 2,319 26,800 SH   SOLE   26,800 0 0
CDK GLOBAL INC COM 12508E101 256 5,500 SH   SOLE   5,500 0 0
CADENCE DESIGN SYSTEM INC COM 127387108 337 14,300 SH   SOLE   14,300 0 0
CDW CORP COM 12514G108 332 8,000 SH   SOLE   8,000 0 0
CELGENE CORP COM 151020104 210 2,100 SH   SOLE   2,100 0 0
CHEMED CORP NEW COM 16359R103 325 2,400 SH   SOLE   2,400 0 0
CHERRY HILL MTG INVT CORP COM 164651101 899 63,500 SH   SOLE   63,500 0 0
CHUNGHWA TELECOM CO LTD SPON ADR NEW11 17133Q502 287 8,500 SH   SOLE   8,500 0 0
MFS INTERMEDIATE HIGH INC FD SH BEN INT 59318T109 234 100,000 SH   SOLE   100,000 0 0
CHIMERA INVT CORP COM 16934Q109 8,834 650,000 SH   SOLE   650,000 0 0
CITY OFFICE REIT INC COM 178587101 1,075 94,266 SH   SOLE   94,266 0 0
CENTENE CORP DEL COM 15135B101 308 5,000 SH   SOLE   5,000 0 0
COMPASS DIVERSIFIED HOLDINGS SHS BEN INT 20451Q104 3,913 250,000 SH   SOLE   250,000 0 0
ROCKWELL COLLINS INC COM 774341101 314 3,400 SH   SOLE   3,400 0 0
PIMCO ETF TR INV GRD CRP BD 20825C104 361 3,500 SH   SOLE   3,500 0 0
COSTCO WHSL CORP NEW COM 22160K105 362 2,300 SH   SOLE   2,300 0 0
COPART INC COM 217204106 285 7,000 SH   SOLE   7,000 0 0
CAPITALA FIN CORP COM 14054R106 998 83,200 SH   SOLE   83,200 0 0
CRITEO S A SPONS ADS 226718104 290 7,000 SH   SOLE   7,000 0 0
ISHARES 1-3YRCRBDETF 464288646 374 3,550 SH   SOLE   3,550 0 0
COVANTA HLDG CORP COM 22282E102 169 10,000 SH   SOLE   10,000 0 0
CONVERGYS CORP COM 212485106 333 12,000 SH   SOLE   12,000 0 0
CHEVRON CORP NEW COM 166764100 243 2,550 SH   SOLE   2,550 0 0
CYS INVTS INC COM 12673A108 1,791 220,000 SH   SOLE   220,000 0 0
DOMINION RES INC VA NEW COM 25746U109 2,442 32,500 SH   SOLE   32,500 0 0
DBX EFT TR EX US HDG EQTY 233051820 330 15,000 SH   SOLE   15,000 0 0
WISDOMTREE TRUST EUROPE SMCP DV 97717W869 240 4,200 SH   SOLE   4,200 0 0
DANAHER CORP DEL COM 235851102 294 3,100 SH   SOLE   3,100 0 0
WISDOMTREE TR INTL SMCAP DIV 97717W760 265 4,500 SH   SOLE   4,500 0 0
DOW CHEM CO COM 260543103 200 3,925 SH   SOLE   3,925 0 0
AMDOCS LTD ORD G02602103 302 5,000 SH   SOLE   5,000 0 0
DIVERSIFIED REAL ASSET INC F COM SHS 25533B108 2,671 169,068 SH   SOLE   169,068 0 0
BLACKROCK DEBT STRAT FD INC COM 09255R103 3,470 1,000,000 SH   SOLE   1,000,000 0 0
DTE ENERGY CO COM 233331107 2,403 26,500 SH   SOLE   26,500 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 226 2,800 SH   SOLE   2,800 0 0
DREW INDS INC COM NEW 26168L205 303 4,700 SH   SOLE   4,700 0 0
WISDOMTREE TR INTL EQUITY FD 97717W703 206 4,500 SH   SOLE   4,500 0 0
ELECTRONIC ARTS INC COM 285512109 297 4,500 SH   SOLE   4,500 0 0
WELLS FARGO ADVANTAGE INCOME COM SHS 94987B105 2,801 370,000 SH   SOLE   370,000 0 0
US ECOLOGY INC COM 91732J102 287 6,500 SH   SOLE   6,500 0 0
ISHARES EM MK MINVOL ETF 464286533 241 4,700 SH   SOLE   4,700 0 0
ELLINGTON FINANCIAL LLC COM 288522303 6,620 380,000 SH   SOLE   380,000 0 0
EATON VANCE FLTG RATE INCOM COM SHS BEN INT 278284104 1,604 110,000 SH   SOLE   110,000 0 0
ISHARES EAFE GRWTH ETF 464288885 230 3,500 SH   SOLE   3,500 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 1,154 90,000 SH   SOLE   90,000 0 0
EATON VANCE FLTING RATE INC COM 278279104 4,606 350,000 SH   SOLE   350,000 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 994 110,000 SH   SOLE   110,000 0 0
ISHARES MSCI ISR CAP ETF 464286632 244 5,100 SH   SOLE   5,100 0 0
ELLIE MAE INC COM 28849P100 317 3,500 SH   SOLE   3,500 0 0
EMERSON ELEC CO COM 291011104 201 3,700 SH   SOLE   3,700 0 0
ISHARES MSCI PAC JP ETF 464286665 204 5,200 SH   SOLE   5,200 0 0
WELLS FARGO ADVANTAGE MULTI COM SHS 94987D101 1,014 83,000 SH   SOLE   83,000 0 0
ERICSSON ADR B SEK 10 294821608 115 11,500 SH   SOLE   11,500 0 0
EVERSOURCE ENERGY COM 30040W108 1,167 20,000 SH   SOLE   20,000 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 247 3,600 SH   SOLE   3,600 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 2,750 475,000 SH   SOLE   475,000 0 0
EVERCORE PARTNERS INC CLASS A 29977A105 259 5,000 SH   SOLE   5,000 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 5,272 400,000 SH   SOLE   400,000 0 0
ISHARES MSCI MEX CAP ETF 464286822 269 5,000 SH   SOLE   5,000 0 0
ISHARES MSCI BRZ CAP ETF 464286400 316 12,000 SH   SOLE   12,000 0 0
EXELON CORP COM 30161N101 3,798 105,900 SH   SOLE   105,900 0 0
FACEBOOK INC CL A 30303M102 377 3,300 SH   SOLE   3,300 0 0
FORTUNE BRANDS HOME & SEC IN COM 34964C106 364 6,500 SH   SOLE   6,500 0 0
FIBRIA CELULOSE S A SP ADR REP COM 31573A109 208 24,500 SH   SOLE   24,500 0 0
FIRST TR SR FLG RTE INCM FD COM 33733U108 2,188 170,000 SH   SOLE   170,000 0 0
FACTSET RESH SYS INC COM 303075105 303 2,000 SH   SOLE   2,000 0 0
FIDUS INVT CORP COM 316500107 6,126 395,000 SH   SOLE   395,000 0 0
FIRST TR EXCH TRD ALPHA FD I EUROPE ALPHA 33737J117 261 9,000 SH   SOLE   9,000 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 253 4,000 SH   SOLE   4,000 0 0
FLAHERTY & CRUMRINE TOTAL RE COM 338479108 747 36,824 SH   SOLE   36,824 0 0
FLEETMATICS GROUP PLC COM G35569105 273 6,700 SH   SOLE   6,700 0 0
FLY LEASING LTD SPONSORED ADR 34407D109 193 15,200 SH   SOLE   15,200 0 0
F M C CORP COM NEW 302491303 242 6,000 SH   SOLE   6,000 0 0
FRESENIUS MED CARE AG&CO KGA SPONSORED ADR 358029106 300 6,800 SH   SOLE   6,800 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 260 2,700 SH   SOLE   2,700 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 3,921 300,000 SH   SOLE   300,000 0 0
FIRST TR HIGH INCOME L/S FD COM 33738E109 1,023 70,000 SH   SOLE   70,000 0 0
FS INVT CORP COM 302635107 6,878 750,000 SH   SOLE   750,000 0 0
FIRST TR EXCH TRD ALPHA FD I SWITZLND ALPHA 33737J232 280 7,000 SH   SOLE   7,000 0 0
GENPACT LIMITED SHS G3922B107 326 12,000 SH   SOLE   12,000 0 0
GARRISON CAP INC COM 366554103 751 70,000 SH   SOLE   70,000 0 0
GOLUB CAP BDC INC COM 38173M102 7,184 415,000 SH   SOLE   415,000 0 0
WESTERN ASSET GLB PTNRS INCO COM 95766G108 1,123 140,000 SH   SOLE   140,000 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 1,929 117,000 SH   SOLE   117,000 0 0
PRUDENTIAL GLB SHT DUR HG YL COM 74433A109 5,952 400,000 SH   SOLE   400,000 0 0
GOLDMAN SACHS BDC INC SHS 38147U107 8,232 420,000 SH   SOLE   420,000 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 203 5,000 SH   SOLE   5,000 0 0
HARVEST CAP CR CORP COM 41753F109 548 45,000 SH   SOLE   45,000 0 0
BROOKFIELD HIGH INCOME FD IN COM 11272P102 1,439 205,000 SH   SOLE   205,000 0 0
WESTERN ASSET HIGH INCM OPP COM 95766K109 2,861 610,000 SH   SOLE   610,000 0 0
WESTERN ASSET HIGH INCM FD I COM 95766J102 1,719 260,000 SH   SOLE   260,000 0 0
PIONEER DIV HIGH INCOME TRUS COM 723653101 1,153 75,000 SH   SOLE   75,000 0 0
HONEYWELL INTL INC COM 438516106 291 2,600 SH   SOLE   2,600 0 0
HARRIS CORP DEL COM 413875105 280 3,600 SH   SOLE   3,600 0 0
HERCULES CAPITAL INC COM 427096508 8,167 680,000 SH   SOLE   680,000 0 0
HEXCEL CORP NEW COM 428291108 258 5,900 SH   SOLE   5,900 0 0
NEW AMER HIGH INCOME FD INC COM NEW 641876800 2,865 355,000 SH   SOLE   355,000 0 0
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 3,067 220,000 SH   SOLE   220,000 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 4,337 435,000 SH   SOLE   435,000 0 0
ICICI BK LTD ADR 45104G104 115 16,000 SH   SOLE   16,000 0 0
ICON PLC SHS G4705A100 308 4,100 SH   SOLE   4,100 0 0
ISHARES INTL SEL DIV ETF 464288448 203 7,000 SH   SOLE   7,000 0 0
ISHARES INC CORE MSCI EMKT 46434G103 229 5,500 SH   SOLE   5,500 0 0
IDEX CORP COM 45167R104 274 3,300 SH   SOLE   3,300 0 0
INTERCONTINENTAL HOTELS GROU SPON ADR NEW2014 45857P509 231 5,600 SH   SOLE   5,600 0 0
ISHARES TR LATN AMER 40 ETF 464287390 302 12,000 SH   SOLE   12,000 0 0
ISHARES TR MSCI INDIA ETF 46429B598 228 8,400 SH   SOLE   8,400 0 0
INFINERA CORPORATION COM 45667G103 360 22,400 SH   SOLE   22,400 0 0
INFOSYS LTD SPONSORED ADR 456788108 266 14,000 SH   SOLE   14,000 0 0
ING GROEP N V SPONSORED ADR 456837103 155 13,000 SH   SOLE   13,000 0 0
INTEL CORP COM 458140100 272 8,400 SH   SOLE   8,400 0 0
INTUIT COM 461202103 312 3,000 SH   SOLE   3,000 0 0
IPG PHOTONICS CORP COM 44980X109 269 2,800 SH   SOLE   2,800 0 0
INVESCO QUALITY MUNI INC TRS COM 46133G107 2,646 200,000 SH   SOLE   200,000 0 0
PRUDENTIAL SHT DURATION HG Y COM 74442F107 5,544 360,000 SH   SOLE   360,000 0 0
INTERSIL CORP CL A 46069S109 134 10,000 SH   SOLE   10,000 0 0
ISHARES TR CORE ST USDB ETF 46432F859 352 3,500 SH   SOLE   3,500 0 0
GARTNER INC COM 366651107 268 3,000 SH   SOLE   3,000 0 0
INVESTMENT TECHNOLOGY GRP NE COM 46145F105 391 17,700 SH   SOLE   17,700 0 0
IVY HIGH INC OPPORTUNITIES F COM 465893105 2,037 160,000 SH   SOLE   160,000 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 7,673 630,000 SH   SOLE   630,000 0 0
J2 GLOBAL INC COM 48123V102 228 3,700 SH   SOLE   3,700 0 0
NUVEEN FLOATING RATE INCOME COM 67072T108 3,827 380,000 SH   SOLE   380,000 0 0
NUVEEN GLOBAL HIGH INCOME FD COM 67075G103 2,357 170,000 SH   SOLE   170,000 0 0
JUNIPER NETWORKS INC COM 48203R104 255 10,000 SH   SOLE   10,000 0 0
NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 1,310 140,000 SH   SOLE   140,000 0 0
NUVEEN PFD & INCOME TERM FD COM 67075A106 1,405 60,000 SH   SOLE   60,000 0 0
JPMORGAN CHASE & CO COM 46625H100 207 3,500 SH   SOLE   3,500 0 0
NUVEEN FLEXIBLE INVT INCOME COM 67075B104 644 41,800 SH   SOLE   41,800 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 4,113 520,000 SH   SOLE   520,000 0 0
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 4,876 493,000 SH   SOLE   493,000 0 0
NUVEEN SHT DUR CR OPP FD COM 67074X107 1,769 117,000 SH   SOLE   117,000 0 0
NUVEEN QUALITY PFD INCOME FD COM 67071S101 2,454 295,000 SH   SOLE   295,000 0 0
DEUTSCHE HIGH INCOME TR SHS 25155R100 1,569 185,000 SH   SOLE   185,000 0 0
KKR INCOME OPPORTUNITIES FD COM 48249T106 1,081 75,000 SH   SOLE   75,000 0 0
DEUTSCHE MULTI-MKT INCOME TR SHS 25160E102 2,751 346,899 SH   SOLE   346,899 0 0
DEUTSCHE STRATEGIC INCOME TR COM 25160F109 913 82,513 SH   SOLE   82,513 0 0
LADDER CAP CORP CL A 505743104 916 73,537 SH   SOLE   73,537 0 0
SPDR SERIES TRUST BRCLYS AGG ETF 78464A649 351 6,000 SH   SOLE   6,000 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 308 5,300 SH   SOLE   5,300 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 307 5,300 SH   SOLE   5,300 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 278 7,400 SH   SOLE   7,400 0 0
LEAR CORP COM NEW 521865204 334 3,000 SH   SOLE   3,000 0 0
LITTELFUSE INC COM 537008104 332 2,700 SH   SOLE   2,700 0 0
LKQ CORP COM 501889208 319 10,000 SH   SOLE   10,000 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 278 7,200 SH   SOLE   7,200 0 0
LOWES COS INC COM 548661107 273 3,600 SH   SOLE   3,600 0 0
ISHARES TR IBOXX INV CP ETF 464287242 368 3,100 SH   SOLE   3,100 0 0
LANDSTAR SYS INC COM 515098101 278 4,300 SH   SOLE   4,300 0 0
LIBERTY TRIPADVISOR HLDGS IN CL A 531465102 222 10,000 SH   SOLE   10,000 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 79 20,000 SH   SOLE   20,000 0 0
MAIN STREET CAPITAL CORP COM 56035L104 8,465 270,000 SH   SOLE   270,000 0 0
MASCO CORP COM 574599106 384 12,200 SH   SOLE   12,200 0 0
MOODYS CORP COM 615369105 241 2,500 SH   SOLE   2,500 0 0
MONDELEZ INTL INC CL A 609207105 201 5,000 SH   SOLE   5,000 0 0
MFA FINL INC COM 55272X102 822 120,000 SH   SOLE   120,000 0 0
MFS MUN INCOME TR SH BEN INT 552738106 930 130,000 SH   SOLE   130,000 0 0
MARINE HARVEST ASA SPONSORED ADR 56824R205 192 12,500 SH   SOLE   12,500 0 0
MAIDEN HOLDINGS LTD SHS G5753U112 129 10,000 SH   SOLE   10,000 0 0
ADVISORSHARES TR NEWFLT MULSINC 00768Y727 1,648 34,000 SH   SOLE   34,000 0 0
AG MTG INVT TR INC COM 001228105 5,882 450,000 SH   SOLE   450,000 0 0
MARKEL CORP COM 570535104 357 400 SH   SOLE   400 0 0
MILLER HERMAN INC COM 600544100 395 12,800 SH   SOLE   12,800 0 0
MONROE CAP CORP COM 610335101 180 13,000 SH   SOLE   13,000 0 0
MERCK & CO INC COM 589331107 238 4,500 SH   SOLE   4,500 0 0
MICROSOFT CORP COM 594918104 221 4,000 SH   SOLE   4,000 0 0
M & T BK CORP COM 55261F104 222 2,000 SH   SOLE   2,000 0 0
AMERICAN CAP MTG INVT CORP COM 02504A104 2,496 170,000 SH   SOLE   170,000 0 0
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 101 22,000 SH   SOLE   22,000 0 0
MYLAN INC COM 628530107 222 4,800 SH   SOLE   4,800 0 0
NATHANS FAMOUS INC NEW COM 632347100 262 6,000 SH   SOLE   6,000 0 0
NEXTERA ENERGY INC COM 65339F101 2,521 21,300 SH   SOLE   21,300 0 0
NEWMARKET CORP COM 651587107 238 600 SH   SOLE   600 0 0
NATIONAL GRID PLC SPON ADR NEW 636274300 1,929 27,000 SH   SOLE   27,000 0 0
NEUBERGER BERMAN HGH YLD FD COM 64128C106 2,196 207,000 SH   SOLE   207,000 0 0
NIKE INC CL B 654106103 301 4,900 SH   SOLE   4,900 0 0
ANNALY CAP MGMT INC COM 035710409 7,182 700,000 SH   SOLE   700,000 0 0
NUVEEN MUN ADVANTAGE FD INC COM 67062H106 3,372 235,000 SH   SOLE   235,000 0 0
NEW MTN FIN CORP COM 647551100 5,119 405,000 SH   SOLE   405,000 0 0
NUVEEN MUN MKT OPPORTUNITY F COM 67062W103 3,128 220,000 SH   SOLE   220,000 0 0
NOAH HLDGS LTD SPONSORED ADS 65487X102 236 9,500 SH   SOLE   9,500 0 0
NUVEEN QUALITY MUN FD INC COM 67062N103 2,848 200,000 SH   SOLE   200,000 0 0
NEW RESIDENTIAL INVT CORP COM 64828T102 5,699 490,000 SH   SOLE   490,000 0 0
NUVEEN SR INCOME FD COM 67067Y104 2,661 451,000 SH   SOLE   451,000 0 0
NORTHERN TR CORP COM 665859104 261 4,000 SH   SOLE   4,000 0 0
NUVEEN DIVID ADVANTAGE MUN I COM 67071L106 1,745 115,000 SH   SOLE   115,000 0 0
NOVO-NORDISK A S ADR 670100205 271 5,000 SH   SOLE   5,000 0 0
NVR INC COM 62944T105 346 200 SH   SOLE   200 0 0
NOVARTIS A G SPONSORED ADR 66987V109 152 2,100 SH   SOLE   2,100 0 0
QUANEX BUILDING PRODUCTS COR COM 747619104 243 14,000 SH   SOLE   14,000 0 0
NUVEEN DIV ADVANTAGE MUN FD COM 67070F100 2,376 160,000 SH   SOLE   160,000 0 0
NUVEEN DIVID ADV MUN FD 3 COM SH BEN INT 67070X101 2,877 192,200 SH   SOLE   192,200 0 0
ONE LIBERTY PPTYS INC COM 682406103 975 43,517 SH   SOLE   43,517 0 0
OMNICOM GROUP INC COM 681919106 208 2,500 SH   SOLE   2,500 0 0
ORMAT TECHNOLOGIES INC COM 686688102 260 6,300 SH   SOLE   6,300 0 0
ORACLE CORP COM 68389X105 254 6,200 SH   SOLE   6,200 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 274 1,000 SH   SOLE   1,000 0 0
PALO ALTO NETWORKS INC COM 697435105 261 1,600 SH   SOLE   1,600 0 0
PRESTIGE BRANDS HLDGS INC COM 74112D101 363 6,800 SH   SOLE   6,800 0 0
PIMCO DYNAMIC CR INCOME FD COM SHS 72202D106 2,267 130,000 SH   SOLE   130,000 0 0
ISHARES TR U.S. PFD STK ETF 464288687 8,688 222,600 SH   SOLE   222,600 0 0
PENNANTPARK FLOATING RATE CA COM 70806A106 679 58,000 SH   SOLE   58,000 0 0
POWERSHARES ETF TRUST FINL PFD PTFL 73935X229 5,640 300,000 SH   SOLE   300,000 0 0
PGT INC COM 69336V101 280 28,500 SH   SOLE   28,500 0 0
POWERSHARES GLOBAL ETF TRUST AGG PFD PORT 73936T565 6,714 450,000 SH   SOLE   450,000 0 0
PIONEER FLOATING RATE TR COM 72369J102 2,885 257,851 SH   SOLE   257,851 0 0
POWERSHARES ETF TRUST II DWA EMKT MOM PTF 73936Q207 203 13,200 SH   SOLE   13,200 0 0
PARK OHIO HLDGS CORP COM 700666100 201 4,700 SH   SOLE   4,700 0 0
PENNYMAC MTG INVT TR COM 70931T103 6,227 456,500 SH   SOLE   456,500 0 0
PANERA BREAD CO CL A 69840W108 328 1,600 SH   SOLE   1,600 0 0
PINNACLE WEST CAP CORP COM 723484101 203 2,700 SH   SOLE   2,700 0 0
PPG INDS INC COM 693506107 290 2,600 SH   SOLE   2,600 0 0
PPL CORP COM 69351T106 1,904 50,000 SH   SOLE   50,000 0 0
PHILLIPS 66 COM 718546104 277 3,200 SH   SOLE   3,200 0 0
PTC INC COM 69370C100 216 6,500 SH   SOLE   6,500 0 0
LIBERTY INTERACTIVE CORP QVC GP COM SER A 53071M104 202 8,000 SH   SOLE   8,000 0 0
REGENERON PHARMACEUTICALS COM 75886F107 252 700 SH   SOLE   700 0 0
RELX NV SPONSORED ADR 75955B102 297 16,918 SH   SOLE   16,918 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 238 5,000 SH   SOLE   5,000 0 0
RYANAIR HLDGS PLC SPONSORED ADR 783513104 261 3,046 SH   SOLE   3,046 0 0
SAFETY INS GROUP INC COM 78648T100 228 4,000 SH   SOLE   4,000 0 0
BANCO SANTANDER SA ADR 05964H105 87 19,876 SH   SOLE   19,876 0 0
SAP AG SPON ADR 803054204 273 3,400 SH   SOLE   3,400 0 0
STARBUCKS CORP COM 855244109 382 6,400 SH   SOLE   6,400 0 0
WESTERN ASSET WORLDWIDE INCO COM 957668106 665 64,000 SH   SOLE   64,000 0 0
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 276 13,300 SH   SOLE   13,300 0 0
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 359 6,800 SH   SOLE   6,800 0 0
ISHARES MSCI JAPN SMCETF 464286582 261 4,500 SH   SOLE   4,500 0 0
STELLUS CAP INVT CORP COM 858568108 1,993 195,000 SH   SOLE   195,000 0 0
SPDR SERIES TRUST BARC SHT TR CP 78464A474 374 12,200 SH   SOLE   12,200 0 0
ISHARES EAFE SML CP ETF 464288273 274 5,500 SH   SOLE   5,500 0 0
SIGNET JEWELERS LIMITED SHS G81276100 298 2,400 SH   SOLE   2,400 0 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 361 9,300 SH   SOLE   9,300 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 250 4,500 SH   SOLE   4,500 0 0
SCHLUMBERGER LTD COM 806857108 375 16,500 SH   SOLE   16,500 0 0
ISHARES TR 0-5YR INVT GR CP 46434V100 354 7,000 SH   SOLE   7,000 0 0
SOLAR CAP LTD COM 83413U100 7,430 430,000 SH   SOLE   430,000 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209 96 16,000 SH   SOLE   16,000 0 0
SANOFI SPONSORED ADR 80105N105 221 5,500 SH   SOLE   5,500 0 0
SPIRIT RLTY CAP INC COM 84860F109 146 13,000 SH   SOLE   13,000 0 0
STERIS CORP COM 859152100 320 4,500 SH   SOLE   4,500 0 0
STEEL DYNAMICS INC COM 858119100 250 11,100 SH   SOLE   11,100 0 0
STARZ LIBRTY CAP COM A 85571Q102 211 8,000 SH   SOLE   8,000 0 0
STARWOOD PPTY TR INC COM 85571B105 8,519 450,000 SH   SOLE   450,000 0 0
SYSCO CORP COM 871829107 234 5,000 SH   SOLE   5,000 0 0
AT & T CORP COM 00206R102 8,536 217,922 SH   SOLE   217,922 0 0
TRIANGLE CAP CORP COM 895848109 5,779 280,800 SH   SOLE   280,800 0 0
TCP CAP CORP COM 87238Q103 6,262 420,000 SH   SOLE   420,000 0 0
THL CR INC COM 872438106 4,787 442,000 SH   SOLE   442,000 0 0
TELEDYNE TECHNOLOGIES INC COM 879360105 264 3,000 SH   SOLE   3,000 0 0
TELEFONICA S A SPONSORED ADR 879382208 126 11,314 SH   SOLE   11,314 0 0
TARGET CORP COM 87612E106 230 2,800 SH   SOLE   2,800 0 0
ISHARES MSCI THI CAP ETF 464286624 202 3,000 SH   SOLE   3,000 0 0
HANOVER INS GROUP INC COM 410867105 361 4,000 SH   SOLE   4,000 0 0
THOR INDS INC COM 885160101 319 5,000 SH   SOLE   5,000 0 0
GENTHERM INC COM 37253A103 250 6,000 SH   SOLE   6,000 0 0
TELECOM ITALIA S P A NEW SPON ADR ORD 87927Y102 138 12,800 SH   SOLE   12,800 0 0
TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204 126 12,000 SH   SOLE   12,000 0 0
LMP CORPORATE LN FD INC COM 50208B100 1,122 115,000 SH   SOLE   115,000 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 282 2,650 SH   SOLE   2,650 0 0
T MOBILE US INC COM 872590104 318 8,300 SH   SOLE   8,300 0 0
ISHARES MSCI KOKUSAI ETF 464288265 238 4,600 SH   SOLE   4,600 0 0
TOTAL S A SPONSORED ADR 89151E109 224 4,922 SH   SOLE   4,922 0 0
PRICE T ROWE GROUP INC COM 74144T108 220 3,000 SH   SOLE   3,000 0 0
TRACTOR SUPPLY CO COM 892356106 362 4,000 SH   SOLE   4,000 0 0
TESLA MTRS INC COM 88160R101 230 1,000 SH   SOLE   1,000 0 0
TPG SPECIALTY LENDING INC COM 87265K102 7,904 490,000 SH   SOLE   490,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 380 14,500 SH   SOLE   14,500 0 0
TORO CO COM 891092108 388 4,500 SH   SOLE   4,500 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 339 9,000 SH   SOLE   9,000 0 0
TWO HBRS INVT CORP COM 90187B101 9,721 1,224,400 SH   SOLE   1,224,400 0 0
TRI CONTL CORP COM 895436103 1,402 70,239 SH   SOLE   70,239 0 0
UNIVERSAL AMERN CORP NEW COM 91338E101 207 29,000 SH   SOLE   29,000 0 0
UNIVERSAL FST PRODS INC COM 913543104 343 4,000 SH   SOLE   4,000 0 0
ULTA SALON COSMETCS & FRAG I COM 90384S303 368 1,900 SH   SOLE   1,900 0 0
ULTIMATE SOFTWARE GROUP INC COM 90385D107 290 1,500 SH   SOLE   1,500 0 0
UNITED THERAPEUTICS CORP DEL COM 91307C102 290 2,600 SH   SOLE   2,600 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 356 4,100 SH   SOLE   4,100 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 1,721 21,500 SH   SOLE   21,500 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 332 7,700 SH   SOLE   7,700 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 439 9,050 SH   SOLE   9,050 0 0
INVESCO MUN TR COM 46131J103 2,664 200,000 SH   SOLE   200,000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 366 5,700 SH   SOLE   5,700 0 0
INVESCO HIGH INCOME TR II COM 46131F101 1,192 90,000 SH   SOLE   90,000 0 0
VANTIV INC CL A 92210H105 350 6,500 SH   SOLE   6,500 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 1,795 56,000 SH   SOLE   56,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF 922042866 221 4,000 SH   SOLE   4,000 0 0
POWERSHARES ETF TR II VAR RATE PFD POR 73937B597 348 14,500 SH   SOLE   14,500 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 346 3,700 SH   SOLE   3,700 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 6,128 570,000 SH   SOLE   570,000 0 0
VIAD CORP COM NEW 92552R406 292 10,000 SH   SOLE   10,000 0 0
INVESCO SR INCOME TR COM 46131H107 2,747 680,000 SH   SOLE   680,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 7,669 141,809 SH   SOLE   141,809 0 0
WABTEC CORP COM 929740108 285 3,600 SH   SOLE   3,600 0 0
WASHINGTON FED INC COM 938824109 335 14,800 SH   SOLE   14,800 0 0
WEBMD HEALTH CORP COM 94770V102 407 6,500 SH   SOLE   6,500 0 0
WASTE CONNECTIONS INC COM 941053100 388 6,000 SH   SOLE   6,000 0 0
WHITEHORSE FIN INC COM 96524V106 218 21,000 SH   SOLE   21,000 0 0
WIPRO LTD SPON ADR 1 SH 97651M109 244 19,400 SH   SOLE   19,400 0 0
WABASH NATL CORP COM 929566107 317 24,000 SH   SOLE   24,000 0 0
WOODWARD INC COM 980745103 286 5,500 SH   SOLE   5,500 0 0
DENTSPLY SIRONA INC COM 24906P109 313 5,079 SH   SOLE   5,079 0 0
CLAYMORE EXCHANGE-TRD FD TR GUGG CHINA ALLCP 18385P101 212 9,000 SH   SOLE   9,000 0 0
ZAIS FINL CORP COM 98886K108 5,446 365,000 SH   SOLE   365,000 0 0
ZOETIS INC CL A 98978V103 319 7,200 SH   SOLE   7,200 0 0