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
BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 261 7,100 SH   SOLE 710 0 0
BreitBurn Energy Partners LP COM UT LTD PTN 106776107 644 31,678 SH   SOLE 31,678 0 0
Calumet Specialty Products UT LTD PARTNER 131476103 562 21,597 SH   SOLE 21,597 0 0
Capital Product Partners LP COM UNIT LP Y11082107 689 65,805 SH   SOLE 65,805 0 0
CenturyLink Inc COM 156700106 587 18,445 SH   SOLE 18,445 0 0
Cheniere Energy Partners LP COM UNIT 16411Q101 618 21,581 SH   SOLE 21,581 0 0
Chesapeake Granite Wash Trust COM SH BEN INT 165185109 466 43,956 SH   SOLE 43,956 0 0
CommonWealth REIT COM SH BEN INT 203233101 621 26,649 SH   SOLE 26,649 0 0
CPFL Energia SA-ADR SPONSORED ADR 126153105 540 33,728 SH   SOLE 33,728 0 0
CVR Partners LP COM UT LTD PTN 126633106 535 32,504 SH   SOLE 32,504 0 0
Energy Tranfer Partners LP UNIT LTD PTN 29273R109 657 11,479 SH   SOLE 11,479 0 0
Exterran Partners LP COM UNITS 30225N105 621 20,547 SH   SOLE 20,547 0 0
Ferrellgas Partners-LP UNIT LTD PART 315293100 609 26,534 SH   SOLE 26,534 0 0
FIRST TR MIDCAPCOREALPHA COM 33735B108 20,073 397,800 SH   DFND 1 0 397,800 0
FIRSTTRLGCAPCOREALPHA COM 33734K109 18,472 447,800 SH   DFND 1 0 447,800 0
FIRSTTRSMLCP CORE ALPHA F COM 33734Y109 19,332 397,200 SH   DFND 1 0 397,200 0
Global Partners LP COM UNITS 37946R109 596 16,781 SH   SOLE 16,781 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 565 20,916 SH   SOLE 20,916 0 0
INTLAND REAL ESTATE CORP COM NEW 457461200 602 57,204 SH   SOLE 57,204 0 0
ISHARES EMU ETF 464286608 20,016 483,700 SH   DFND 1 0 483,700 0
ISHARES INC MSCI BELG CAPPED 464286301 9,971 608,349 SH   DFND 1 0 608,349 0
ISHARES INC MSCI GERMAN 464286806 11,526 362,900 SH   DFND 1 0 362,900 0
ISHARES INC MSCI JAPAN 464286848 9,245 762,150 SH   DFND 1 0 762,150 0
ISHARES INC MSCI NETHR INVES 464286814 10,023 386,550 SH   DFND 1 0 386,550 0
ISHARES INC MSCI SWITZ CAPP 464286749 11,032 334,400 SH   DFND 1 0 334,400 0
ISHARES TR BARCLAYS 7-10 464287440 37,369 376,547 SH   DFND 1 0 376,547 0
ISHARES TR CONS SRVC IDX 464287580 12,333 101,270 SH   DFND 1 0 101,270 0
ISHARES TR DJ US HEALTH CR 464287762 13,597 116,650 SH   DFND 1 0 116,650 0
ISHARES TR DJUS FINL SEC 464287788 13,464 167,960 SH   DFND 1 0 167,960 0
JPMORGAN CHAGE & CO ALERIAN ML ETN 46625H365 13,421 289,550 SH   DFND 1 0 289,550 0
LEGACY RESERVES LP UNIT LP INT 524707304 603 21,409 SH   SOLE 21,409 0 0
LRR ENERGY LP COM 50214A104 627 36,841 SH   SOLE 36,841 0 0
Martin Midstream Partners LP UNIT L P INT 573331105 543 12,685 SH   SOLE 12,685 0 0
Mid-Con Energy Partners LP COM UNIT REPST 59560V109 574 25,102 SH   SOLE 25,102 0 0
Mobile Telesystems-SP ADR SPONSORED ADR 607409109 567 26,205 SH   SOLE 26,205 0 0
Natural Resource Partners LP COM UNIT L P 63900P103 613 30,762 SH   SOLE 30,762 0 0
Navios Maritime Partners UNIT LPI Y62267102 769 40,230 SH   SOLE 40,230 0 0
Northern Tier Energy LP COM UN REPR PART 665826103 751 30,510 SH   SOLE 30,510 0 0
NuStar Energy LP UNIT COM 67058H102 749 14,694 SH   SOLE 14,694 0 0
PAA Natural Gas Storage LP COM UNIT LTD 693139107 587 25,527 SH   SOLE 25,527 0 0
PetroLogistics LP UNIT LTD PTH INT 71672U101 568 48,745 SH   SOLE 48,745 0 0
PVR Partners LP COM UNIT REPTG L 693665101 689 25,673 SH   SOLE 25,673 0 0
Qr Energy LP UNIT LTD PRTNS 74734R108 617 36,055 SH   SOLE 36,055 0 0
R R Donnelley & Sons Company COM 257867101 765 37,723 SH   SOLE 37,723 0 0
Sandridge Mississippian Trust UNIT BEN INT 80007T101 411 44,417 SH   SOLE 44,417 0 0
Sandridge Permian Trust COM UNIT BEN INT 80007A102 492 41,561 SH   SOLE 41,561 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 27,183 406,750 SH   DFND 1 0 406,750 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 25,710 463,750 SH   DFND 1 0 463,750 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 22,427 429,150 SH   DFND 1 0 429,150 0
Senior Housing Prop Trust SH BEN INT 81721M109 565 24,969 SH   SOLE 0 24,969 0 0
Stonemor Partners LP COM UNITS 86183Q100 635 24,864 SH   SOLE 0 24,864 0 0
Suburban Propane Partners LP UNIT LTD PARTN 864482104 587 12,508 SH   SOLE 0 12,508 0 0
Sun Communities Inc COM 866674104 571 13,387 SH   SOLE 0 13,387 0 0
Suregutneftgaz COM 868861105 640 82,527 SH   SOLE 0 82,527 0 0
TC Pipelines LP UT COM LTD PRT 87233Q108 580 11,972 SH   SOLE 0 11,972 0 0
Terra Nitrogen Company LP COM UNIT 881005201 409 2,900 SH   SOLE 0 2,900 0 0
VANGUARD BD INDEX FD INC SHORT TERM BOND 921937827 38,377 480,134 SH   DFND 1 0 480,134 0
VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 71,639 897,950 SH   DFND 1 0 897,950 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 70,588 724,950 SH   DFND 1 0 724,950 0
VANGUARD INDEX FDS SML CP GRW ETF 922908595 22,124 180,900 SH   DFND 1 0 180,900 0
Whiting USA Trust II TR UNIT 966388100 602 45,744 SH   SOLE 0 45,744 0 0