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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
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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
ARES CAPITAL CORP NOTE 4.625% 3/0 04010LAW3   1,085,387 1,070,000 PRN   DFND 1 1,070,000 0 0
BANK AMERICA CORP 7.25%CNV PFD L 060505682   8,836,266 7,950 SH   DFND 1 7,950 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107   744,942 86,320 SH   DFND 1 86,320 0 0
BLACKROCK DEBT STRATEGIES FD COM NEW 09255R202   287,560 28,000 SH   DFND 1 28,000 0 0
BOOKING HOLDINGS INC NOTE 0.750% 5/0 09857LAN8   3,699,050 2,215,000 PRN   DFND 1 2,215,000 0 0
CBL & ASSOC PPTYS INC COMMON STOCK 124830878   1,235,030 58,867 SH   DFND 1 58,867 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106   200,848 127,119 SH   DFND 1 127,119 0 0
CSI COMPRESSCO LP COM UNIT 12637A103   2,296,143 1,663,872 SH   DFND 1 1,663,872 0 0
EATON VANCE FLTING RATE INC COM 278279104   934,255 75,894 SH   DFND 1 75,894 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105   781,628 64,544 SH   DFND 1 64,544 0 0
EATON VANCE TAX MNGED BUY WR COM 27828X100   211,293 16,756 SH   DFND 1 16,756 0 0
EURONET WORLDWIDE INC NOTE 0.750% 3/1 298736AL3   1,525,125 1,660,000 PRN   DFND 1 1,660,000 0 0
EXPEDIA GROUP INC NOTE 2/1 30212PBE4   2,258,880 2,600,000 PRN   DFND 1 2,600,000 0 0
FIRST TR SR FLTG RATE INCOME COM 33733U108   300,170 30,017 SH   DFND 1 30,017 0 0
HIGHLAND OPPORTUNITIES HIGHLAND INCOME 43010E404   146,103 18,172 SH   DFND 1 18,172 0 0
IHEARTMEDIA INC COM CL A 45174J509   203,703 64,463 SH   DFND 1 64,463 0 0
INVESCO SR INCOME TR COM 46131H107   571,505 145,792 SH   DFND 1 145,792 0 0
ISHARES TR IBOXX HI YD ETF 464288513   216,884 2,942 SH   DFND 1 2,942 0 0
NEUBERGER BERMAN HIGH YIELD COM 64128C106   216,352 28,732 SH   DFND 1 28,732 0 0
NEW AMER HIGH INCOME FD INC COM NEW 641876800   326,061 50,318 SH   DFND 1 50,318 0 0
NEXTERA ENERGY INC UNIT 09/01/2025 65339F713   3,400,200 90,000 SH   DFND 1 90,000 0 0
PGIM HIGH YIELD BOND FUND IN COM 69346H100   246,826 20,953 SH   DFND 1 20,953 0 0
PIONEER DIVERSIFIED HIGH INC COM 723653101   196,837 19,260 SH   DFND 1 19,260 0 0
PIONEER FLOATING RATE FUND I COM 72369J102   121,887 13,528 SH   DFND 1 13,528 0 0
PROSPECT CAP CORP NOTE 6.375% 3/0 74348TAT9   991,570 1,000,000 PRN   DFND 1 1,000,000 0 0
RIVERNORTH OPPORTUNITIES FD COM 76881Y109   367,177 34,936 SH   DFND 1 34,936 0 0
SOUTHWEST AIRLS CO NOTE 1.250% 5/0 844741BG2   3,970,000 4,000,000 PRN   DFND 1 4,000,000 0 0
SPDR SER TR PORTFOLIO SHORT 78464A474   296,718 10,120 SH   DFND 1 10,120 0 0
SSGA ACTIVE ETF TR BLACKSTONE SENR 78467V608   328,396 7,832 SH   DFND 1 7,832 0 0
SUMMIT MIDSTREAM PARTNERS LP COM UNIT LTD 866142409   366,173 26,448 SH   DFND 1 26,448 0 0
VANGUARD BD INDEX FDS SHORT TRM BOND 921937827   265,726 3,535 SH   DFND 1 3,535 0 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835   7,573,782 108,538 SH   DFND 1 108,538 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769   81,885,117 385,505 SH   DFND 1 385,505 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409   499,823 6,651 SH   DFND 1 6,651 0 0
WELLS FARGO CO NEW PERP PFD CNV A 949746804   8,956,000 8,000 SH   DFND 1 8,000 0 0
WESTERN DIGITAL CORP. NOTE 1.500% 2/0 958102AP0   3,091,535 3,145,000 PRN   DFND 1 3,145,000 0 0