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 PART COMMON 00434L109 3,600 62,559 SH   DFND   0 62,559 0
ATLAS ENERGY LP COM U COMMON 04930A104 5,538 128,672 SH   DFND   0 128,672 0
ATLAS PIPELINE PARTNE COMMON 49392103 4,151 129,300 SH   DFND   0 129,300 0
ATLAS RESOURCE PARTNE COMMON 04941A101 1,832 87,706 SH   DFND   0 87,706 0
BOX SHIPS INCORPORATE COMMON Y09675102 57 23,664 SH   DFND   0 23,664 0
CATERPILLAR INC COMMON 149123101 387 3,900 SH   DFND   0 3,900 0
CHENIERE ENERGY PARTN COMMON 16411Q101 5,565 185,515 SH   DFND   0 185,515 0
CONSTELLATION ENERGY COMMON 21038E101 224 86,538 SH   DFND   0 86,538 0
CRESTWOOD EQUITY PART COMMON 226344109 1,339 96,813 SH   DFND   0 96,813 0
CVR REFNG LP COMUNIT COMMON 12663P107 1,945 83,569 SH   DFND   0 83,569 0
DCP MIDSTREAM PARTNER COMMON 23311P100 2,256 45,038 SH   DFND   0 45,038 0
ECOSPHERE TECH INC CO COMMON 27922X105 21 100,000 SH   DFND   0 100,000 0
EMERGE ENERGY SVCS LP COMMON 29102H108 8,735 140,390 SH   DFND   0 140,390 0
ENBRIDGE ENERGY MANAG COMMON CKC50X106 0 223,523 SH   DFND   0 223,523 0
ENBRIDGE ENERGY PARTN COMMON 29250R106 233 8,535 SH   DFND   0 8,535 0
ENERGY TRANSFER EQUIT COMMON 29273V100 16,142 345,291 SH   DFND   0 345,291 0
ENERGY TRANSFER PARTN COMMON 29273R109 2,926 54,410 SH   DFND   0 54,410 0
ENLINK MIDSTREAM LLC COMMON 29336T100 7,440 219,221 SH   DFND   0 219,221 0
ENLINK MIDSTREAM PART COMMON 29336U107 231 7,598 SH   DFND   0 7,598 0
ENTERPRISE PRODUCTS P COMMON 293792107 7,119 102,642 SH   DFND   0 102,642 0
GENERAL ELECTRIC CO COMMON 369604103 202 7,835 SH   DFND   0 7,835 0
GENESIS ENERGY LP COMMON 371927104 1,436 26,501 SH   DFND   0 26,501 0
HUTCHISON PORT HLDGS COMMON Y3780D104 65 100,000 SH   DFND   0 100,000 0
INTERCONTINENTALEXCHA COMMON 45866F104 880 4,450 SH   DFND   0 4,450 0
JOHNSON & JOHNSON COMMON 478160104 771 7,850 SH   DFND   0 7,850 0
KINDER MORGAN ENERGY COMMON 494550106 7,923 107,148 SH   DFND   0 107,148 0
KINDER MORGAN INC DEL COMMON 49456B101 475 14,622 SH   DFND   0 14,622 0
KINDER MORGAN MANAGEM COMMON 49455U100 677 9,635 SH   DFND   0 9,635 0
LEGACY RESERVES LP UN COMMON 524707304 1,242 50,030 SH   DFND   0 50,030 0
LINN ENERGY LLC UNIT COMMON 536020100 859 30,348 SH   DFND   0 30,348 0
MAGELLAN MIDSTREAM PR COMMON 559080106 7,147 102,493 SH   DFND   0 102,493 0
MARKWEST ENERGY PARTN COMMON 570759100 3,883 59,452 SH   DFND   0 59,452 0
NAVIOS MARITIME PARTN COMMON Y62267102 980 50,287 SH   DFND   0 50,287 0
NEW YORK CMNTY BANCOR COMMON 649445103 216 13,500 SH   DFND   0 13,500 0
OCI PARTNERS LP COM U COMMON 67091N108 448 20,900 SH   DFND   0 20,900 0
OILTANKING PARTNERS L COMMON 678049107 2,390 31,000 SH   DFND   0 31,000 0
ONEOK INC NEW COM COMMON 682680103 3,696 62,382 SH   DFND   0 62,382 0
ONEOK PARTNERS LP COMMON 68268N103 2,114 39,490 SH   DFND   0 39,490 0
PFIZER INC COMMON 717081103 277 8,643 SH   DFND   0 8,643 0
PLAINS ALL AMERN PIPE COMMON 726503105 4,527 82,144 SH   DFND   0 82,144 0
PLAINS GP HLDGS L P S COMMON 72651A108 1,200 42,917 SH   DFND   0 42,917 0
REGENCY ENERGY PARTNE COMMON 75885Y107 253 9,302 SH   DFND   0 9,302 0
STAR GAS PARTNERS L P COMMON 85512C105 193 33,000 SH   DFND   0 33,000 0
SUNOCO LOGISTICS PRTN COMMON 86764L108 544 5,988 SH   DFND   0 5,988 0
TALLGRASS ENERGY PART COMMON 874697105 3,119 85,671 SH   DFND   0 85,671 0
TARGA RES CORP COM COMMON 87612G101 5,371 54,117 SH   DFND   0 54,117 0
TARGA RESOURCES PARTN COMMON 87611X105 1,959 34,824 SH   DFND   0 34,824 0
TEEKAY OFFSHORE PARTN COMMON Y8565J101 398 12,185 SH   DFND   0 12,185 0
TESORO LOGISTICS LP C COMMON 88160T107 500 8,316 SH   DFND   0 8,316 0
WESTERN GAS EQUITY PA COMMON 95825R103 2,390 48,673 SH   DFND   0 48,673 0
WESTERN GAS PARTNERS COMMON 958254104 2,777 41,964 SH   DFND   0 41,964 0
WILLIAMS PARTNERS L P COMMON 96950F104 2,373 46,586 SH   DFND   0 46,586 0