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
BREITBURN ENERGY PARTNERS LP COM UT LTD PTN 106776107 463 25,349 SH   SOLE 25,349 0 0
CALUMET SPECIALTY PRODS PTNR UT LTD PARTNER 131476103 468 12,874 SH   SOLE 12,874 0 0
CAPITAL PRODUCT PARTNERS L P COM UNIT LP Y11082107 577 62,188 SH   SOLE 62,188 0 0
CENTURYLINK INC COM 156700106 514 14,550 SH   SOLE 14,550 0 0
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101 591 19,769 SH   SOLE 19,769 0 0
CHESAPEAKE GRANITE WASH TR COM SH BEN INT 165185109 563 36,528 SH   SOLE 36,528 0 0
COMMONWEALTH REIT COM SH BEN INT 203233101 513 22,205 SH   SOLE 22,205 0 0
CPFL ENERGIA S A SPONSORED ADR 126153105 461 25,191 SH   SOLE 25,191 0 0
CVR PARTNERS LP COM 126633106 449 19,768 SH   SOLE 19,768 0 0
DONNELLEY R R & SONS CO COM 257867101 607 43,329 SH   SOLE 43,329 0 0
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 512 10,125 SH   SOLE 10,125 0 0
EXTERRAN PARTNERS LP COM UNITS 30225N105 602 19,944 SH   SOLE 19,944 0 0
FERRELLGAS PARTNERS L.P. UNIT LTD PART 315293100 545 25,190 SH   SOLE 25,190 0 0
FIRST TR LRGE CP CORE ALPHA COM SHS 33734K109 13,198 374,850 SH   DFND 1 0 374,850 0
FIRST TR MID CAP CORE ALPHAD COM SHS 33735B108 14,116 334,100 SH   DFND 1 0 334,100 0
GLOBAL PARTNERS LP COM UNITS 37946R109 558 13,974 SH   SOLE 13,974 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 497 18,900 SH   SOLE 18,900 0 0
INLAND REAL ESTATE CORP COM NEW 457461200 521 50,992 SH   SOLE 50,992 0 0
ISHARES INC MSCI BELG INVEST 464286301 8,570 629,199 SH   DFND 1 0 629,199 0
ISHARES INC MSCI GERMAN 464286806 9,174 371,400 SH   DFND 1 0 371,400 0
ISHARES INC MSCI HONG KONG 464286871 8,731 476,850 SH   DFND 1 0 476,850 0
ISHARES INC MSCI JAPAN 464286848 23,898 2,129,950 SH   DFND 1 0 2,129,950 0
ISHARES INC MSCI SWITZERLD 464286749 9,949 347,250 SH   DFND 1 0 347,250 0
ISHARES TR BARCLYS 7-10 YR 464287440 35,777 349,047 SH   DFND 1 0 349,047 0
ISHARES TR COHEN&ST RLTY 464287564 16,201 200,950 SH   DFND 1 0 200,950 0
ISHARES TR CONS SRVC IDX 464287580 12,405 120,970 SH   DFND 1 0 120,970 0
ISHARES TR DJ US FINL SEC 464287788 13,048 182,410 SH   DFND 1 0 182,410 0
ISHARES TR DJ US HEALTHCR 464287762 12,755 127,300 SH   DFND 1 0 127,300 0
ISHARES TR S&P DEV EX-US 464288422 13,307 350,050 SH   DFND 1 0 350,050 0
ISHARES TR S&P EURO PLUS 464287861 12,910 325,100 SH   DFND 1 0 325,100 0
ISHARES TR US TREASURY BD 46429B267 376 15,278 SH   SOLE 15,278 0 0
LEGACY RESERVES LP UNIT LP INT 524707304 499 18,760 SH   SOLE 18,760 0 0
LRR ENERGY LP COM 50214A104 437 29,709 SH   SOLE 29,709 0 0
MARTIN MIDSTREAM PRTNRS L P UNIT L P INT 573331105 584 13,253 SH   SOLE 13,253 0 0
MID CON ENERGY PARTNERS LP COM UNIT REPST 59560V109 489 21,675 SH   SOLE 21,675 0 0
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 470 24,832 SH   SOLE 24,832 0 0
NATURAL RESOURCE PARTNERS L COM UNIT L P 63900P103 444 21,564 SH   SOLE 21,564 0 0
NAVIOS MARITIME PARTNERS L P UNIT LPI Y62267102 503 34,801 SH   SOLE 34,801 0 0
NUSTAR ENERGY LP UNIT COM 67058H102 440 9,633 SH   SOLE 9,633 0 0
PAA NAT GAS STORAGE L P COM UNIT LTD 693139107 496 23,563 SH   SOLE 23,563 0 0
QR ENERGY LP UNIT LTD PRTNS 74734R108 514 29,236 SH   SOLE 29,236 0 0
SANDRIDGE MISSISSIPPIAN TR I UNIT BEN INT 80007T101 535 38,382 SH   SOLE 38,382 0 0
SANDRIDGE PERMIAN TR COM UNIT BEN INT 80007A102 539 36,200 SH   SOLE 36,200 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 19,137 339,300 SH   DFND 1 0 339,300 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 18,566 389,950 SH   DFND 1 0 389,950 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 17,584 902,200 SH   DFND 1 0 902,200 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 495 19,076 SH   SOLE 19,076 0 0
SPDR SERIES TRUST S&P DIVID ETF 78464A763 13,727 207,050 SH   DFND 1 0 207,050 0
STONEMOR PARTNERS L P COM UNITS 86183Q100 484 19,223 SH   SOLE 19,223 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 527 11,346 SH   SOLE 11,346 0 0
SUN COMMUNITIES INC COM 866674104 519 10,438 SH   SOLE 10,438 0 0
TC PIPELINES LP UT COM LTD PRT 87233Q108 508 10,522 SH   SOLE 10,522 0 0
TERRA NITROGEN CO L P COM UNIT 881005201 492 2,297 SH   SOLE 2,297 0 0
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 35,374 441,784 SH   DFND 1 0 441,784 0
VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 60,728 884,350 SH   DFND 1 0 884,350 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 59,918 715,350 SH   DFND 1 0 715,350 0
VANGUARD INDEX FDS VALUE ETF 922908744 16,680 246,350 SH   DFND 1 0 246,350 0
WHITING USA TR II TR UNIT 966388100 459 35,637 SH   SOLE 35,637 0 0