The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
|
||||||||||||||||
| 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 |
| EQUITY BANCSHARES INC | COM CL A | 29460X109 | 14,994 | 361,475 | SH | DFND | 361,475 | 0 | 0 | ||
| APOLLO INVT CORP | COM | 03761U106 | 1,504 | 270,000 | SH | DFND | 270,000 | 0 | 0 | ||
| ARES CAP CORP | COM | 04010L103 | 5,705 | 346,793 | SH | DFND | 346,793 | 0 | 0 | ||
| BLACKROCK CAPITAL INVESTMENT | COM | 092533108 | 2,488 | 426,738 | SH | DFND | 426,738 | 0 | 0 | ||
| CORPORATE CAP TR INC | COM | 219880101 | 565 | 36,171 | SH | DFND | 36,171 | 0 | 0 | ||
| GREAT AJAX CORP | COM | 38983D300 | 1,329 | 101,573 | SH | DFND | 101,573 | 0 | 0 | ||
| GSV CAP CORP | NOTE 4.750% 3/2 | 36191JAC5 | 1,879 | 1,950,000 | SH | DFND | 1,950,000 | 0 | 0 | ||
| MONROE CAP CORP | COM | 610335101 | 1,078 | 80,000 | SH | DFND | 80,000 | 0 | 0 | ||
| OFS CAP CORP | COM | 67103B100 | 968 | 84,510 | SH | DFND | 84,510 | 0 | 0 | ||
| PENNANTPARK FLOATING RATE CA | COM | 70806A106 | 2,250 | 164,748 | SH | DFND | 164,748 | 0 | 0 | ||
| PENNANTPARK INVT CORP | COM | 708062104 | 1,799 | 256,764 | SH | DFND | 256,764 | 0 | 0 | ||
| SOLAR CAP LTD | COM | 83413U100 | 2,699 | 132,051 | SH | DFND | 132,051 | 0 | 0 | ||
| SOLAR SR CAP LTD | COM | 83416M105 | 1,355 | 83,094 | SH | DFND | 83,094 | 0 | 0 | ||
| TPG SPECIALTY LENDING INC | COM | 87265K102 | 807 | 45,000 | SH | DFND | 45,000 | 0 | 0 | ||
| WHITEHORSE FIN INC | COM | 96524V106 | 3,660 | 252,260 | SH | DFND | 252,260 | 0 | 0 | ||
| APOLLO COML REAL EST FIN INC | COM | 03762U105 | 4,062 | 222,200 | SH | DFND | 1 | 222,200 | 0 | 0 | |
| ARES COML REAL ESTATE CORP | COM | 04013V108 | 3,256 | 235,775 | SH | DFND | 1 | 235,775 | 0 | 0 | |
| BLACKSTONE MTG TR INC | COM CL A | 09257W100 | 5,964 | 189,746 | SH | DFND | 1 | 189,746 | 0 | 0 | |
| CITY OFFICE REIT INC | COM | 178587101 | 4,463 | 347,834 | SH | DFND | 1 | 347,834 | 0 | 0 | |
| CONDOR HOSPITALITY TR INC | COM NEW | 20676Y403 | 3,123 | 300,313 | SH | DFND | 1 | 300,313 | 0 | 0 | |
| EPR PPTYS | COM SH BEN INT | 26884U109 | 3,439 | 53,084 | SH | DFND | 1 | 53,084 | 0 | 0 | |
| GRANITE PT MTG TR INC | COM | 38741L107 | 4,698 | 256,000 | SH | DFND | 1 | 256,000 | 0 | 0 | |
| GREAT AJAX CORP | COM | 38983D300 | 2,724 | 208,263 | SH | DFND | 1 | 208,263 | 0 | 0 | |
| INDEPENDENCE RLTY TR INC | COM | 45378A106 | 5,891 | 571,423 | SH | DFND | 1 | 571,423 | 0 | 0 | |
| LADDER CAP CORP | CL A | 505743104 | 3,515 | 225,000 | SH | DFND | 1 | 225,000 | 0 | 0 | |
| MEDEQUITIES RLTY TR INC | COM | 58409L306 | 2,369 | 215,000 | SH | DFND | 1 | 215,000 | 0 | 0 | |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 | 1,869 | 133,111 | SH | DFND | 1 | 133,111 | 0 | 0 | |
| NATIONAL STORAGE AFFILIATES | COM SHS BEN IN | 637870106 | 3,857 | 125,150 | SH | DFND | 1 | 125,150 | 0 | 0 | |
| NEW RESIDENTIAL INVT CORP | COM NEW | 64828T201 | 6,623 | 378,700 | SH | DFND | 1 | 378,700 | 0 | 0 | |
| NEW YORK MTG TR INC | PFD-C CONV | 649604808 | 1,445 | 60,004 | SH | DFND | 1 | 60,004 | 0 | 0 | |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 | 4,291 | 138,420 | SH | DFND | 1 | 138,420 | 0 | 0 | |
| PARK HOTELS RESORTS INC | COM | 700517105 | 3,472 | 113,354 | SH | DFND | 1 | 113,354 | 0 | 0 | |
| PLYMOUTH INDL REIT INC | COM | 729640102 | 3,220 | 201,250 | SH | DFND | 1 | 201,250 | 0 | 0 | |
| PROLOGIS INC | COM | 74340W103 | 6,569 | 100,000 | SH | DFND | 1 | 100,000 | 0 | 0 | |
| SACHEM CAP CORP | COM | 78590A109 | 1,290 | 314,625 | SH | DFND | 1 | 314,625 | 0 | 0 | |
| SPIRIT MTA REIT | COM SHS BEN IN | 84861U105 | 515 | 50,000 | SH | DFND | 1 | 50,000 | 0 | 0 | |
| SPIRIT RLTY CAP INC NEW | COM | 84860W102 | 4,015 | 500,000 | SH | DFND | 1 | 500,000 | 0 | 0 | |
| STAG INDL INC | COM | 85254J102 | 4,418 | 162,260 | SH | DFND | 1 | 162,260 | 0 | 0 | |
| TPG RE FIN TR INC | COM | 87266M107 | 3,407 | 167,663 | SH | DFND | 1 | 167,663 | 0 | 0 | |
| UNITI GROUP INC | COM | 91325V108 | 5,023 | 250,785 | SH | DFND | 1 | 250,785 | 0 | 0 | |
| W P CAREY INC | COM | 92936U109 | 3,272 | 49,314 | SH | DFND | 1 | 49,314 | 0 | 0 | |
| WHEELER REAL ESTATE INVT TR | PFD CNV SER D | 963025606 | 4,900 | 264,019 | SH | DFND | 1 | 264,019 | 0 | 0 | |