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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BANK AMERICA CORP 7.25%CNV PFD L 060505682   135,453,252 112,456 SH   SOLE   112,456 0 0
FIRST TR EXCH TRADED FD III PFD SECS INC ETF 33739E108   30,648,310 1,778,776 SH   SOLE   1,778,776 0 0
ISHARES TR PFD AND INCM SEC 464288687   298,945 9,092 SH   SOLE   9,092 0 0
WELLS FARGO CO NEW PERP PFD CNV A 949746804   207,899,704 171,039 SH   SOLE   171,039 0 0