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
Aircastle Ltd COM g0129k104 10,037 627,712 SH   SOLE   0 0 627,712
Wellpoint Inc COM 94973v107 1,680 20,524 SH   SOLE   0 0 20,524
Actavis Inc COM 00507k103 1,209 9,580 SH   SOLE   0 0 9,580
Altria Group Inc COM 02209s103 8,253 235,863 SH   SOLE   0 0 235,863
American Axle & Manufacturing COM 024061103 1,142 61,289 SH   SOLE   0 0 61,289
American Intl Group Inc New COM 026874784 3,577 80,033 SH   SOLE   0 0 80,033
Ameriprise Financial Inc COM 03076c106 2,618 32,372 SH   SOLE   0 0 32,372
Anixter Intl Inc COM 035290105 2,468 32,557 SH   SOLE   0 0 32,557
Apple Inc COM 037833100 1,543 3,891 SH   SOLE   0 0 3,891
Ares Capital Corp COM 04010l103 7,151 415,734 SH   SOLE   0 0 415,734
Arrow Electronics Inc COM 042735100 1,093 27,436 SH   SOLE   0 0 27,436
AT&T Inc COM 00206r102 452 12,761 SH   SOLE   0 0 12,761
Avnet Inc COM 053807103 2,135 63,543 SH   SOLE   0 0 63,543
Axiall Corp COM 05463d100 2,786 65,422 SH   SOLE   0 0 65,422
BankUnited Inc COM 06652k103 1,218 46,819 SH   SOLE   0 0 46,819
Bard C R Inc COM 067383109 2,849 26,210 SH   SOLE   0 0 26,210
Baxter Intl Inc COM 071813109 942 13,603 SH   SOLE   0 0 13,603
Becton Dickinson & Co COM 075887109 885 8,952 SH   SOLE   0 0 8,952
BGC Partners Inc Class A CL A 05541t101 11,316 1,921,272 SH   SOLE   0 0 1,921,272
Blackhawk Network Holdings Inc CL A 09238e104 300 12,950 SH   SOLE   0 0 12,950
BP Prudhoe Bay Royalty Trust UNIT BEN INT 055630107 6,968 72,385 SH   SOLE   0 0 72,385
Bristow Group Inc COM 110394103 403 6,175 SH   SOLE   0 0 6,175
Cardinal Health Inc COM 14149y108 3,882 82,240 SH   SOLE   0 0 82,240
Carnival Corp PAIRED CTF 143658300 1,948 56,821 SH   SOLE   0 0 56,821
Chevron Corp COM 166764100 972 8,211 SH   SOLE   0 0 8,211
Citigroup Inc COM NEW 172967424 2,270 47,319 SH   SOLE   0 0 47,319
Conagra Foods Inc COM 205887102 973 27,849 SH   SOLE   0 0 27,849
Dana Holding Corp COM 235825205 3,288 170,728 SH   SOLE   0 0 170,728
Denbury Resources Inc COM NEW 247916208 798 46,099 SH   SOLE   0 0 46,099
Diamond Offshore Drilling Inc COM 25271c102 904 13,135 SH   SOLE   0 0 13,135
DirecTV COM 25490a309 3,357 54,469 SH   SOLE   0 0 54,469
Dow Chemical Company COM 260543103 2,918 90,700 SH   SOLE   0 0 90,700
Dresser-Rand Group Inc COM 261608103 554 9,243 SH   SOLE   0 0 9,243
Eaton Corp PLC SHS g29183103 1,715 26,065 SH   SOLE   0 0 26,065
EMC Corp MA COM 268648102 1,323 56,000 SH   SOLE   0 0 56,000
Encana Corp COM 292505104 387 22,850 SH   SOLE   0 0 22,850
Ensco PLC Class A SHS CLASS A g3157s106 1,629 28,036 SH   SOLE   0 0 28,036
Exxon Mobil Corp COM 30231g102 669 7,406 SH   SOLE   0 0 7,406
Fifth Street Fin Corp COM 31678a103 8,796 841,676 SH   SOLE   0 0 841,676
Fifth Third Bancorp COM 316773100 1,597 88,483 SH   SOLE   0 0 88,483
FirstEnergy Corp COM 337932107 453 12,130 SH   SOLE   0 0 12,130
Flextronics Intl Ltd ORD y2573f102 2,072 267,683 SH   SOLE   0 0 267,683
Ford Motor Co COM PAR $0.01 345370860 2,396 154,905 SH   SOLE   0 0 154,905
Francescas Holdings Corp COM 351793104 770 27,725 SH   SOLE   0 0 27,725
Frontier Communications Corp COM 35906a108 5,639 1,392,286 SH   SOLE   0 0 1,392,286
General Dynamics Corp COM 369550108 1,979 25,259 SH   SOLE   0 0 25,259
General Electric Company COM 369604103 5,424 233,895 SH   SOLE   0 0 233,895
Goldman Sachs Group Inc COM 38141g104 1,076 7,115 SH   SOLE   0 0 7,115
Golub Capital BDC Inc COM 38173m102 7,922 452,661 SH   SOLE   0 0 452,661
Google Inc Cl A CL A 38259p508 4,103 4,660 SH   SOLE   0 0 4,660
Hanesbrands Inc COM 410345102 2,463 47,896 SH   SOLE   0 0 47,896
Hartford Financial Services Gr COM 416515104 814 26,325 SH   SOLE   0 0 26,325
Helen of Troy Corp Ltd COM g4388n106 785 20,466 SH   SOLE   0 0 20,466
Hercules Technology Growth Cap COM 427096508 8,374 600,696 SH   SOLE   0 0 600,696
Hess Corp COM 42809h107 1,024 15,406 SH   SOLE   0 0 15,406
Huntsman Corp COM 447011107 1,755 105,961 SH   SOLE   0 0 105,961
Ingersoll-Rand PLC SHS g47791101 500 9,000 SH   SOLE   0 0 9,000
International Business Machine COM 459200101 2,687 14,061 SH   SOLE   0 0 14,061
Jabil Circuit Inc COM 466313103 2,478 121,596 SH   SOLE   0 0 121,596
Johnson & Johnson COM 478160104 1,083 12,617 SH   SOLE   0 0 12,617
JPMorgan Chase & Co COM 46625h100 3,477 65,865 SH   SOLE   0 0 65,865
Just Energy Grp Inc COM 48213w101 7,058 1,186,209 SH   SOLE   0 0 1,186,209
Kinder Morgan Inc COM 49456b101 2,681 70,288 SH   SOLE   0 0 70,288
Kinder Morgan Management LLC SHS 49455u100 4,662 55,776 SH   SOLE   0 0 55,776
Kohls Corp COM 500255104 415 8,225 SH   SOLE   0 0 8,225
Laboratory Corp America Holdin COM NEW 50540r409 1,939 19,375 SH   SOLE   0 0 19,375
Lincoln National Corp COM 534187109 2,392 65,586 SH   SOLE   0 0 65,586
Lowes Cos Inc COM 548661107 2,522 61,657 SH   SOLE   0 0 61,657
LSI Corp COM 502161102 2,237 313,299 SH   SOLE   0 0 313,299
LyondellBasell Industries NV - SHS - A - n53745100 993 14,985 SH   SOLE   0 0 14,985
Masco Corp COM 574599106 1,839 94,341 SH   SOLE   0 0 94,341
McKesson Corp COM 58155q103 1,199 10,471 SH   SOLE   0 0 10,471
Metlife Inc COM 59156r108 4,313 94,263 SH   SOLE   0 0 94,263
MGIC Inv Corp WI COM 552848103 852 140,404 SH   SOLE   0 0 140,404
Microsoft Corp COM 594918104 659 19,075 SH   SOLE   0 0 19,075
NASDAQ OMX Group Inc COM 631103108 2,448 74,643 SH   SOLE   0 0 74,643
National Oilwell Varco Inc COM 637071101 1,493 21,666 SH   SOLE   0 0 21,666
NVR Inc COM 62944t105 1,268 1,375 SH   SOLE   0 0 1,375
Owens Corning New COM 690742101 2,144 54,850 SH   SOLE   0 0 54,850
Owens IL Inc COM NEW 690768403 972 34,970 SH   SOLE   0 0 34,970
Penske Automotive Group Inc COM 70959w103 3,503 114,700 SH   SOLE   0 0 114,700
Peoples United Financial Inc COM 712704105 6,228 417,986 SH   SOLE   0 0 417,986
Pepco Hldgs Inc COM 713291102 6,304 312,687 SH   SOLE   0 0 312,687
Potash Corp Saskatchewan Inc COM 73755l107 984 25,803 SH   SOLE   0 0 25,803
PPL Corp COM 69351t106 1,051 34,725 SH   SOLE   0 0 34,725
Qualcomm Inc COM 747525103 1,619 26,499 SH   SOLE   0 0 26,499
Quest Diagnostics Inc COM 74834l100 1,104 18,205 SH   SOLE   0 0 18,205
Raytheon Co COM NEW 755111507 2,457 37,164 SH   SOLE   0 0 37,164
Reynolds American Inc COM 761713106 6,688 138,264 SH   SOLE   0 0 138,264
Royal Caribbean Cruises Ltd COM v7780t103 1,836 55,076 SH   SOLE   0 0 55,076
Safeway Inc COM NEW 786514208 3,462 146,328 SH   SOLE   0 0 146,328
Scorpio Tankers Inc SHS y7542c106 1,162 129,353 SH   SOLE   0 0 129,353
Seadrill Ltd SHS g7945e105 7,864 193,028 SH   SOLE   0 0 193,028
State Street Corp COM 857477103 1,600 24,540 SH   SOLE   0 0 24,540
Suntrust Banks Inc COM 867914103 1,970 62,416 SH   SOLE   0 0 62,416
Sysco Corp COM 871829107 2,545 74,495 SH   SOLE   0 0 74,495
Transocean Ltd Reg REG SHS h8817h100 1,076 22,440 SH   SOLE   0 0 22,440
Trex Co Inc COM 89531p105 710 14,950 SH   SOLE   0 0 14,950
United Technologies Corp COM 913017109 2,331 25,085 SH   SOLE   0 0 25,085
USG Corp COM NEW 903293405 863 37,423 SH   SOLE   0 0 37,423
Valero Energy Corp COM 91913y100 1,971 56,674 SH   SOLE   0 0 56,674
Visa Inc Cl A COM CL A 92826c839 1,373 7,511 SH   SOLE   0 0 7,511
VistaPrint Limited SHS n93540107 734 14,858 SH   SOLE   0 0 14,858
Wabash Natl Corp COM 929566107 886 87,030 SH   SOLE   0 0 87,030
Wal-Mart Stores Inc COM 931142103 2,616 35,113 SH   SOLE   0 0 35,113
Walgreen Company COM 931422109 2,463 55,713 SH   SOLE   0 0 55,713
Weatherford International Ltd REG SHS h27013103 869 63,400 SH   SOLE   0 0 63,400
Whiting Petroleum Corp COM 966387102 888 19,275 SH   SOLE   0 0 19,275
Xerox Corp COM 984121103 2,156 237,721 SH   SOLE   0 0 237,721
Xylem Inc COM 98419m100 738 27,411 SH   SOLE   0 0 27,411
General Motors Co Jr Conv Pfd JR PFD CNV SRB 37045v209 8,287 172,068 SH   SOLE   0 0 172,068
BP Plc Sp ADR SPONSORED ADR 055622104 7,187 172,189 SH   SOLE   0 0 172,189
Vodafone Group PLC Sp ADR SPONS ADR NEW 92857w209 8,174 284,348 SH   SOLE   0 0 284,348
Alps Alerian Mlp Etf ALERIAN MLP 00162q866 7,859 440,269 SH   SOLE   0 0 440,269
iShares MSCI Mexico Cap MSCI MEXICO CAP 464286822 389 5,960 SH   SOLE   0 0 5,960
iShares Tr Russell 2000 Value RUSL 2000 VALU 464287630 736 8,569 SH   SOLE   0 0 8,569
Market Vectors ETF Tr Brazil S BRAZL SMCP ETF 57060u613 226 7,094 SH   SOLE   0 0 7,094
Select Sector SPDR Tr SBI Cons SBI CONS DISCR 81369y407 284 5,035 SH   SOLE   0 0 5,035
SPDR Series Trust DJ Mid Cap E DJ MID CAP ETF 78464a847 246 3,231 SH   SOLE   0 0 3,231
SPDR Series Trust KBW Regional S&P REGL BKG 78464a698 303 8,949 SH   SOLE   0 0 8,949
Vanguard Emerg Mkt ETF FTSE EMR MKT ETF 922042858 515 13,276 SH   SOLE   0 0 13,276
Vanguard Index Funds Large Cap LARGE CAP ETF 922908637 623 8,491 SH   SOLE   0 0 8,491
WisdomTree Trust India Earning INDIA ERNGS FD 97717w422 266 16,425 SH   SOLE   0 0 16,425
WisdomTree Trust Intl Div Ex F INTL DIV EX FINL 97717w786 465 11,609 SH   SOLE   0 0 11,609
Tortoise Energy Infrastructure COM 89147l100 6,260 134,618 SH   SOLE   0 0 134,618
Boardwalk Pipeline Partners LP UT LTD PARTNER 096627104 3,350 110,943 SH   SOLE   0 0 110,943
Breitburn Energy Partners LP COM UT LTD PTN 106776107 3,720 203,828 SH   SOLE   0 0 203,828
Capital Product Partners LP COM UNIT LP y11082107 8,362 901,129 SH   SOLE   0 0 901,129
Cedar Fair LP DEPOSITRY UNIT 150185106 2,102 50,774 SH   SOLE   0 0 50,774
Enbridge Energy Management LLC SHS UNITS LLI 29250x103 5,637 186,146 SH   SOLE   0 0 186,146
Enbridge Energy Partners LP COM 29250r106 2,153 70,612 SH   SOLE   0 0 70,612
Energy Transfer Equity LP COM UT LTD PTN 29273v100 4,659 77,881 SH   SOLE   0 0 77,881
Energy Transfer Partners LP UNIT LTD PARTN 29273r109 3,011 59,575 SH   SOLE   0 0 59,575
Martin Midstream Partners LP UNIT L P INT 573331105 3,844 87,190 SH   SOLE   0 0 87,190
Navios Maritime Partners LP UNIT LPI y62267102 6,526 451,613 SH   SOLE   0 0 451,613
Niska Gas Storage Partners LLC UNIT LTD LIABI 654678101 2,608 174,534 SH   SOLE   0 0 174,534
Regency Energy Partners LP COM UNITS L P 75885y107 2,177 80,731 SH   SOLE   0 0 80,731
Stonemor Partners LP COM UNITS 86183q100 2,340 93,008 SH   SOLE   0 0 93,008
Teekay Offshore Partners LP Pa PARTNERSHIP UN y8565j101 7,432 228,894 SH   SOLE   0 0 228,894
Ashford Hospitality Tr Inc COM SHS 044103109 3,211 280,402 SH   SOLE   0 0 280,402
Hersha Hospitality Tr A SH BEN INT A 427825104 3,251 576,503 SH   SOLE   0 0 576,503
Hospitality Properties Trust COM SH BEN INT 44106m102 9,203 350,181 SH   SOLE   0 0 350,181
Medical Properties Trust Inc COM 58463j304 9,609 671,011 SH   SOLE   0 0 671,011
Rait Financial Trust COM NEW 749227609 7,040 936,163 SH   SOLE   0 0 936,163
Senior Housing Properties Trus SH BEN INT 81721m109 8,325 321,069 SH   SOLE   0 0 321,069
Sun Communities Inc COM 866674104 8,787 176,592 SH   SOLE   0 0 176,592
Annaly Cap Mgmt Inc NOTE 5.000% 5/1 035710ab8 1,925 1,908,000 PRN   SOLE   0 0 1,908,000
Apollo Inv Corp NOTE 5.750% 1/1 03761uae6 1,442 1,369,000 PRN   SOLE   0 0 1,369,000
DryShips Inc NOTE 5.000%12/0 262498ab4 1,094 1,232,000 PRN   SOLE   0 0 1,232,000
Jefferies Group Inc DBCV 3.875%11/0 472319ag7 591 555,000 PRN   SOLE   0 0 555,000
Knight Cap Group Inc NOTE 3.500% 3/1 499005ae6 306 306,000 PRN   SOLE   0 0 306,000
MGIC Inv Corp WI NOTE 5.000% 5/0 552848ad5 1,009 990,000 PRN   SOLE   0 0 990,000
Radian Group Inc NOTE 3.000%11/1 750236ak7 225 180,000 PRN   SOLE   0 0 180,000
Pimco Income Strategy Fund II COM 72201j104 10,595 1,007,170 SH   SOLE   0 0 1,007,170