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
ALLEGHENY TEC CV SR NTS 4.25% CNV 01741RAD4 4,358 4,200,000 PRN   SOLE 0 0 4,200,000
ALLIANT TECHSYSTEMS IN CV 3% CNV 018804AK0 1,931 1,475,000 PRN   SOLE 0 0 1,475,000
AMTRUST FINANCIAL S CV 5.5% 1 CNV 032359AC5 23,028 14,720,000 PRN   SOLE 0 0 14,720,000
ARCELORMITTAL CV 6% 011516 RE CVP L0302D178 59,493 2,765,119 SH   SOLE 0 0 2,765,119
ARCHER DAN CV SR UNSEC 0.875% CNV 039483AW2 2,289 2,250,000 PRN   SOLE 0 0 2,250,000
ARRIS GROUP INC CV SR NTS 2% 1 CNV 04269QAC4 4,676 4,350,000 PRN   SOLE 0 0 4,350,000
COMTECH TELECOMMUNICA CV 3% 0 CNV 205826AF7 3,185 3,130,000 PRN   SOLE 0 0 3,130,000
CONVERGYS CORP CV DEB 5.75% 09 CNV 212485AE6 59,133 33,093,000 PRN   SOLE 0 0 33,093,000
DEALERTRACK TECHNOLO CV 1.5% CNV 242309AB8 28,655 22,267,000 PRN   SOLE 0 0 22,267,000
DEVELOPERS DIVERSIF CV 1.75% CNV 251591AX1 907 800,000 PRN   SOLE 0 0 800,000
DFC GLOBAL CORP CV 3% 2028-04 CNV 256664AC7 3,925 4,113,000 PRN   SOLE 0 0 4,113,000
DOMINION RESOURCES INC 6% CV P CVP 25746U885 16,256 303,450 SH   SOLE 0 0 303,450
DOMINION RESOURCES INC 6.125% CVP 25746U703 54,723 1,022,100 SH   SOLE 0 0 1,022,100
ELECTRONIC ARTS INC CV 0.75% CNV 285512AA7 1,846 1,700,000 PRN   SOLE 0 0 1,700,000
ENDO PHARMACEUT HLD CV 1.75% CNV 29264FAB2 59,434 37,483,000 PRN   SOLE 0 0 37,483,000
GENERAL CABLE CO CV 4.5 11152 CNV 369300AL2 50,640 44,839,000 PRN   SOLE 0 0 44,839,000
GENERAL MOTORS CO 4.75% CV PFD CVP 37045V209 49,200 981,556 SH   SOLE 0 0 981,556
GILEAD SCIENCES IN CV 1.625% CNV 375558AP8 78,367 28,304,000 PRN   SOLE 0 0 28,304,000
GRIFOLS SA-ADR STO 398438408 4,406 145,525 SH   SOLE 0 0 145,525
HOLOGIC INC CV 2% 030142 REG CNV 436440AC5 4,372 4,350,000 PRN   SOLE 0 0 4,350,000
HUNTINGTON BANCSHARES 8.5% CV CVP 446150401 55,050 44,395 SH   SOLE 0 0 44,395
INTEGRA LIFESCIENC CV 1.625% CNV 457985AK5 17,950 17,750,000 PRN   SOLE 0 0 17,750,000
INTEL CORP CV 3.25% 080139 14 CNV 458140AF7 3,250 2,625,000 PRN   SOLE 0 0 2,625,000
INTEL CORP CV JR SUB 2.95% 121 CNV 458140AD2 1,949 1,800,000 PRN   SOLE 0 0 1,800,000
INTERDIGITAL INC CV 2.5% 0315 CNV 458660AB3 2,303 2,200,000 PRN   SOLE 0 0 2,200,000
INTERNATIONAL GAME TECHNOLOGY STO 459902102 11,131 588,000 SH   SOLE 0 0 588,000
INTEROIL CORP CV 2.75% 111515 CNV 460951AC0 4,826 4,959,000 PRN   SOLE 0 0 4,959,000
IXIA CV 3% 121515 REG CNV 45071RAB5 4,218 3,700,000 PRN   SOLE 0 0 3,700,000
KEYCORP 7.75% CV PFD A CVP 493267405 65,150 521,462 SH   SOLE 0 0 521,462
LAM RESEARCH CORP CV 0.5% 051 CNV 512807AJ7 905 800,000 PRN   SOLE 0 0 800,000
LAM RESEARCH I CV 2.625% 0515 CNV 670008AD3 30,475 19,250,000 PRN   SOLE 0 0 19,250,000
LIBERTY INTERACTIVE CORP CV DE CNV 530715AG6 28,441 47,699,000 PRN   SOLE 0 0 47,699,000
LIBERTY INTERACTIVE CORP CV DE CNV 530715AL5 41,680 70,494,000 PRN   SOLE 0 0 70,494,000
LINEAR TECHNOL CV SR UNSUB 3% CNV 535678AC0 4,203 3,949,000 PRN   SOLE 0 0 3,949,000
MENTOR GRAPHICS CORP CV 4% 04 CNV 587200AK2 6,419 4,900,000 PRN   SOLE 0 0 4,900,000
METLIFE INC 5% CV PFD CVP 59156R116 20,598 716,450 SH   SOLE 0 0 716,450
MICRON TECHNOLOGY CV 2.375% 0 CNV 595112AW3 54,028 28,250,000 PRN   SOLE 0 0 28,250,000
NEXTERA ENERGY INC 5.889% CV P CVP 65339F887 18,294 336,050 SH   SOLE 0 0 336,050
NORTHGATE MINERALS C CV 3.5% CNV 666416AB8 31,678 33,236,000 PRN   SOLE 0 0 33,236,000
NUANCE COMMUNICATIO CV 2.75% CNV 67020YAF7 4,750 4,700,000 PRN   SOLE 0 0 4,700,000
NUVASIVE INC CV 2.75% 070117 CNV 670704AC9 10,238 10,500,000 PRN   SOLE 0 0 10,500,000
OMNICARE INC CV DEB 3.25% 1215 CNV 681904AL2 956 900,000 PRN   SOLE 0 0 900,000
ON SEMICONDUCTOR C CV 2.625% CNV 682189AH8 3,890 3,600,000 PRN   SOLE 0 0 3,600,000
PHOTRONICS INC CV 3.25% 04011 CNV 719405AH5 2,542 2,285,000 PRN   SOLE 0 0 2,285,000
PPL CORPORATION 8.75% CV PFD CVP 69351T114 59,440 1,107,092 SH   SOLE 0 0 1,107,092
PRICELINE.COM INC CV 1% 03151 CNV 741503AQ9 2,313 1,800,000 PRN   SOLE 0 0 1,800,000
PROMOTORA DE INFORMACIONES SA CVP 74343G303 1,418 709,895 SH   SOLE 0 0 709,895
REGIS CORP CV SR UNSEC 5% 0715 CNV 758932AA5 41,524 37,728,000 PRN   SOLE 0 0 37,728,000
ROYAL GOLD INC CV 2.875% 0615 CNV 780287AA6 3,979 4,150,000 PRN   SOLE 0 0 4,150,000
RTI INTERNATIONAL CV 1.625% CNV 74973WAB3 23,805 23,000,000 PRN   SOLE 0 0 23,000,000
SALIX PHARMACEUTICAL CV 1.5% CNV 795435AE6 1,104 900,000 PRN   SOLE 0 0 900,000
SANDISK CORP CV 1.5% 081517 R CNV 80004CAD3 44,246 33,456,000 PRN   SOLE 0 0 33,456,000
STEEL DYNAMI CV SR NTS 5.125% CNV 858119AP5 4,038 3,700,000 PRN   SOLE 0 0 3,700,000
STEWART ENTERPRISE CV 3.375% CNV 860370AK1 11,440 8,800,000 PRN   SOLE 0 0 8,800,000
STILLWATER MINING C CV 1.75% CNV 86074QAL6 16,440 15,657,000 PRN   SOLE 0 0 15,657,000
TELEFLEX INC CV 3.875% 080117 CNV 879369AA4 36,489 25,913,000 PRN   SOLE 0 0 25,913,000
THERAVANCE INC CV 2.125% 0115 CNV 88338TAB0 27,957 17,191,000 PRN   SOLE 0 0 17,191,000
TIBCO SOFTWARE INC CV 2.25% 0 CNV 88632QAB9 29,082 28,635,000 PRN   SOLE 0 0 28,635,000
TRW AUTOMOTIVE I CV 3.5% 2015 CNV 87264MAH2 39,929 16,356,000 PRN   SOLE 0 0 16,356,000
TTM TECHNOLOGIES CV 3.25% 051 CNV 87305RAC3 3,834 3,750,000 PRN   SOLE 0 0 3,750,000
UNITED THERAPEUTICS CO CV 1% CNV 91307CAF9 36,084 21,257,000 PRN   SOLE 0 0 21,257,000
US STEEL CORP CV 2.75% 040119 CNV 912909AH1 1,245 1,125,000 PRN   SOLE 0 0 1,125,000
VERISIGN INC CV SUB 3.25% 0815 CNV 92343EAD4 66,888 42,740,000 PRN   SOLE 0 0 42,740,000
VOLCANO CORP CV 1.75% 120117 CNV 928645AB6 28,263 27,340,000 PRN   SOLE 0 0 27,340,000
VOLCANO CORP CV 2.875% 090115 CNV 928645AA8 8,114 7,509,000 PRN   SOLE 0 0 7,509,000
WELLS FARGO CO 7.5% CV PFD L CVP 949746804 81,634 71,766 SH   SOLE 0 0 71,766
WEYERHAEUSER CO 6.375% CV PFD CVP 962166872 1,155 21,800 SH   SOLE 0 0 21,800
WRIGHT MEDICAL GROUP I CV 2% CNV 98235TAC1 7,698 6,300,000 PRN   SOLE 0 0 6,300,000