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
ALGONQUIN PWR UTILS CORP COM 015857105 889 70,000 SH   SOLE   70,000 0 0
ANTERO MIDSTREAM PARTNERS LP UNT LTD PARTN 03673L103 1,588 47,900 SH   SOLE   47,900 0 0
BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 4,493 65,531 SH   SOLE   66,782 0 0
CANADIAN NAT RES LTD COM 136385101 1,241 28,500 SH   SOLE   28,500 0 0
CANADIAN NATL RY CO COM 136375102 7,549 76,900 SH   SOLE   76,900 0 0
CANADIAN PAC RY LTD COM 13645T100 6,027 30,850 SH   SOLE   30,850 0 0
DCP MIDSTREAM LP COM UT LTD PTN 23311P100 4,888 124,600 SH   SOLE   124,600 0 0
ENBRIDGE ENERGY PARTNERS L P COM 29250R106 5,271 277,400 SH   SOLE   266,400 0 0
ENBRIDGE INC COM 29250N105 6,189 111,100 SH   SOLE   111,100 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 13,637 691,180 SH   SOLE   691,180 0 0
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 6,951 190,338 SH   SOLE   190,338 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 26,949 976,063 SH   SOLE   976,063 0 0
EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 7,744 100,700 SH   SOLE   100,700 0 0
FORTIS INC COM 349553107 1,957 44,400 SH   SOLE   44,400 0 0
GENESIS ENERGY L P UNIT LTD PARTN 371927104 519 16,000 SH   SOLE   15,300 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 21,187 275,480 SH   SOLE   275,480 0 0
MPLX LP COM UNIT REP LTD 55336V100 8,718 241,637 SH   SOLE   241,637 0 0
NUSTAR ENERGY LP UNIT COM 67058H102 348 6,700 SH   SOLE   7,000 0 0
NUSTAR GP HOLDINGS LLC UNIT RESTG LLC 67059L102 330 11,800 SH   SOLE   17,700 0 0
ONEOK PARTNERS LP UNIT LTD PARTN 68268N103 5,434 100,640 SH   SOLE   104,640 0 0
PEMBINA PIPELINE CORP COM 706327103 7,062 167,587 SH   SOLE   167,587 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 9,372 296,500 SH   SOLE   296,500 0 0
RICE MIDSTREAM PARTNERS LP UNIT LTD PARTN 762819100 1,501 59,500 SH   SOLE   59,500 0 0
SHELL MIDSTREAM PARTNERS L P UNIT LTD INT 822634101 1,557 48,300 SH   SOLE   48,300 0 0
SPECTRA ENERGY PARTNERS LP COM 84756N109 6,224 142,560 SH   SOLE   142,760 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,123 52,000 SH   SOLE   52,000 0 0
SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 8,287 339,350 SH   SOLE   339,350 0 0
TALLGRASS ENERGY GP LP SHS CL A 874696107 1,240 43,100 SH   SOLE   42,506 0 0
TALLGRASS ENERGY PARTNERS LP COM UNIT 874697105 5,591 105,100 SH   SOLE   103,749 0 0
TARGA RES CORP COM 87612G101 498 8,308 SH   SOLE   8,308 0 0
TRANSCANADA CORP COM 89353D107 3,965 64,600 SH   SOLE   64,600 0 0
WESTERN GAS EQUITY PARTNERS COMUNT LTD PT 95825R103 1,162 25,200 SH   SOLE   26,000 0 0
WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 9,890 163,600 SH   SOLE   175,700 0 0
WILLIAMS PARTNERS L P NEW COM UNIT LTD PAR 96949L105 9,311 228,039 SH   SOLE   231,933 0 0