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
ACCESS MIDSTREAM PARTNERS L UNIT 00434L109 5,574 116,850 SH   SOLE   116,850 0 0
BAYTEX ENERGY CORP COM 07317Q105 1,129 29,800 SH   SOLE   29,800 0 0
BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 4,002 59,382 SH   SOLE   59,382 0 0
CANADIAN NATL RY CO COM 136375102 3,543 34,600 SH   SOLE   34,600 0 0
CANADIAN PAC RY LTD COM 13645T100 4,425 34,700 SH   SOLE   34,700 0 0
CENOVUS ENERGY INC COM 15135U109 1,725 57,500 SH   SOLE   57,500 0 0
DCP MIDSTREAM PARTNERS LP COM UT LTD PTN 23311P100 6,783 123,709 SH   SOLE   123,709 0 0
EL PASO PIPELINE PARTNERS L COM UNIT LPI 283702108 9,429 210,820 SH   SOLE   210,820 0 0
ENBRIDGE ENERGY MANAGEMENT L SHS UNITS LLI 29250X103 1,808 59,715 SH   SOLE   59,715 0 0
ENBRIDGE ENERGY PARTNERS L P COM 29250R106 6,249 196,720 SH   SOLE   196,720 0 0
ENBRIDGE INC COM 29250N105 3,546 80,200 SH   SOLE   80,200 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 8,489 144,020 SH   SOLE   144,020 0 0
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 2,182 48,800 SH   SOLE   48,800 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 27,398 516,988 SH   SOLE   516,988 0 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 699 19,300 SH   SOLE   19,300 0 0
INERGY L P UNIT LTD PTNR 456615103 999 48,347 SH   SOLE   48,347 0 0
INERGY MIDSTREAM LP U LTD PARTNERS 45671U106 541 21,400 SH   SOLE   21,400 0 0
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 2,966 34,733 SH   SOLE   34,733 0 0
KINDER MORGAN MANAGEMENT LLC SHS 49455U100 2,955 37,682 SH   SOLE   37,682 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 16,314 294,702 SH   SOLE   294,702 0 0
MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 570759100 9,083 137,020 SH   SOLE   137,020 0 0
MPLX LP COM UNIT REP LTD 55336V100 1,580 42,930 SH   SOLE   42,930 0 0
NUSTAR ENERGY LP UNIT COM 67058H102 315 11,800 SH   SOLE   11,800 0 0
NUSTAR GP HOLDINGS LLC UNIT RESTG LLC 67059L102 3,740 131,116 SH   SOLE   131,116 0 0
ONEOK PARTNERS LP UNIT LTD PARTN 68268N103 4,183 84,740 SH   SOLE   84,740 0 0
PEMBINA PIPELINE CORP COM 706327103 4,032 125,287 SH   SOLE   125,287 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 14,126 253,600 SH   SOLE   253,600 0 0
SPECTRA ENERGY PARTNERS LP COM 84756N109 3,651 87,200 SH   SOLE   87,200 0 0
SUNCOR ENERGY INC NEW COM 867224107 1,457 47,000 SH   SOLE   47,000 0 0
SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 5,668 92,400 SH   SOLE   92,400 0 0
TARGA RES CORP COM 87612G101 675 78,510 SH   SOLE   78,510 0 0
TARGA RESOURCES PARTNERS LP COM UNIT 87611X105 8,279 162,140 SH   SOLE   162,140 0 0
TRANSCANADA CORP COM 89353D107 1,227 27,100 SH   SOLE   27,100 0 0
WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 7,444 116,700 SH   SOLE   116,700 0 0
WILLIAMS PARTNERS L P COM UNIT L P 96950F104 3,729 72,420 SH   SOLE   72,420 0 0