The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
|
||||||||||||||||
| 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 |
| BARCLAYS BANK PLC | ADR PFD SR 5 | 06739H362 | 17,288 | 658,580 | SH | SOLE | 658,580 | 0 | 0 | ||
| BARCLAYS BANK PLC | ADR PFD SR 5 | 06739H362 | 1,048 | 39,930 | SH | DFND | 1 | 39,930 | 0 | 0 | |
| BARCLAYS BANK PLC | ADS7.75%PFD S4 | 06739H511 | 1,705 | 65,500 | SH | DFND | 1 | 744,973 | 0 | 0 | |
| BARCLAYS BANK PLC | ADS7.75%PFD S4 | 06739H511 | 17,932 | 688,687 | SH | SOLE | 754,187 | 0 | 0 | ||
| BARCLAYS BANK PLC | SP ADR 7.1%PF3 | 06739H776 | 410 | 15,867 | SH | DFND | 1 | 15,867 | 0 | 0 | |
| BARCLAYS BANK PLC | SP ADR 7.1%PF3 | 06739H776 | 29,474 | 1,140,769 | SH | SOLE | 1,140,769 | 0 | 0 | ||
| BARCLAYS BK PLC | ADR 2 PREF 2 | 06739F390 | 384 | 14,975 | SH | DFND | 1 | 14,975 | 0 | 0 | |
| BARCLAYS BK PLC | ADR 2 PREF 2 | 06739F390 | 14,916 | 595,311 | SH | SOLE | 595,311 | 0 | 0 | ||
| BLACKROCK CR ALLCTN INC TR | COM | 092508100 | 13,318 | 989,480 | SH | SOLE | 989,480 | 0 | 0 | ||
| HANCOCK JOHN PFD INCOME FD I | COM | 41021P103 | 12,535 | 670,344 | SH | SOLE | 670,344 | 0 | 0 | ||
| HSBC HLDGS PLC | ADR A 1/40PF A | 404280604 | 38,716 | 1,511,133 | SH | SOLE | 1,538,133 | 0 | 0 | ||
| HSBC HLDGS PLC | ADR A 1/40PF A | 404280604 | 1,750 | 68,308 | SH | DFND | 1 | 68,308 | 0 | 0 | |
| KEYCORP NEW | PFD 7.75% SR A | 493267405 | 752 | 2,850 | SH | SOLE | 2,850 | 0 | 0 | ||
| KEYCORP NEW | PFD 7.75% SR A | 493267405 | 276 | 5,000 | SH | DFND | 1 | 5,000 | 0 | 0 | |
| NATIONAL WESTMINSTER BK PLC | SPON ADR C | 638539882 | 276 | 10,623 | SH | DFND | 1 | 10,623 | 0 | 0 | |
| ROYAL BK SCOTLAND GROUP PLC | SP ADR PREF T | 780097713 | 444 | 17,381 | SH | SOLE | 17,381 | 0 | 0 | ||
| ROYAL BK SCOTLAND GROUP PLC | SP ADR PREF S | 780097739 | 316 | 12,617 | SH | SOLE | 12,617 | 0 | 0 | ||
| ROYAL BK SCOTLAND GROUP PLC | ADR PREF SHS R | 780097747 | 389 | 16,306 | SH | SOLE | 16,306 | 0 | 0 | ||
| ROYAL BK SCOTLAND GROUP PLC | ADR PREF SHS Q | 780097754 | 17,346 | 688,622 | SH | SOLE | 688,622 | 0 | 0 | ||
| ROYAL BK SCOTLAND GROUP PLC | ADR PREF SER N | 780097770 | 1,920 | 77,682 | SH | SOLE | 77,682 | 0 | 0 | ||
| ROYAL BK SCOTLAND GROUP PLC | SP ADR L RP PF | 780097788 | 3,788 | 155,463 | SH | DFND | 1 | 155,463 | 0 | 0 | |
| ROYAL BK SCOTLAND GROUP PLC | SP ADR L RP PF | 780097788 | 30,931 | 1,273,116 | SH | SOLE | 1,273,116 | 0 | 0 | ||
| ROYAL BK SCOTLAND GROUP PLC | SPON ADR SER H | 780097879 | 1,598 | 62,337 | SH | SOLE | 62,337 | 0 | 0 | ||
| STANDARD CHARTERED PLC | DEBT 6.500%12/2 | G84228CE6 | 10,097 | 10,000,000 | SH | SOLE | 10,000,000 | 0 | 0 | ||
| WELLS FARGO & CO NEW | PERP PFD CNV A | 949746804 | 55,549 | 45,532 | SH | SOLE | 45,532 | 0 | 0 | ||
| WELLS FARGO & CO NEW | PERP PFD CNV A | 949746804 | 3,490 | 2,861 | SH | DFND | 1 | 2,861 | 0 | 0 | |