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 |
ALLIANZGI CON INCM 2024 TARG | COM | 01883H102 | 1,617 | 174,863 | SH | | DFND | 1 2 | 174,863 | 0 | 0 |
APOLLO TACTICAL INCOME FD IN | COM | 037638103 | 471 | 30,163 | SH | | DFND | 1 2 | 30,163 | 0 | 0 |
AVAYA HLDGS CORP | COM | 05351X101 | 2,494 | 124,182 | SH | | DFND | 1 2 | 124,182 | 0 | 0 |
BLACKROCK 2022 GBL INCM OPP | COM | 09258P104 | 473 | 52,808 | SH | | DFND | 1 2 | 52,808 | 0 | 0 |
BLACKROCK CALIF MUN INCOME T | SH BEN INT | 09248E102 | 656 | 50,355 | SH | | DFND | 1 2 | 50,355 | 0 | 0 |
BLACKROCK MUNI INTER DR FD I | COM | 09253X102 | 1,000 | 75,697 | SH | | DFND | 1 2 | 75,697 | 0 | 0 |
BLACKROCK MUNI N Y INTER DUR | COM | 09255F109 | 153 | 12,053 | SH | | DFND | 1 2 | 12,053 | 0 | 0 |
BLACKROCK MUNICIPL INC QLTY | COM | 092479104 | 304 | 23,400 | SH | | DFND | 1 2 | 23,400 | 0 | 0 |
BLACKROCK MUNIHLDGS FD II IN | COM | 09253P109 | 680 | 49,068 | SH | | DFND | 1 2 | 49,068 | 0 | 0 |
BLACKROCK MUNIHLDGS NY QLTY | COM | 09255C106 | 168 | 13,514 | SH | | DFND | 1 2 | 13,514 | 0 | 0 |
BLACKROCK MUNIHLDNGS CALI QL | COM | 09254L107 | 580 | 43,981 | SH | | DFND | 1 2 | 43,981 | 0 | 0 |
BLACKROCK MUNIHLDS INVSTM QL | COM | 09254P108 | 270 | 20,909 | SH | | DFND | 1 2 | 20,909 | 0 | 0 |
BLACKROCK MUNIYIELD CALI QLT | COM | 09254N103 | 1,412 | 105,855 | SH | | DFND | 1 2 | 105,855 | 0 | 0 |
BLACKROCK MUNIYIELD N J FD I | COM | 09254Y109 | 777 | 56,327 | SH | | DFND | 1 2 | 56,327 | 0 | 0 |
BLACKROCK MUNIYIELD NY QLTY | COM | 09255E102 | 2,000 | 166,534 | SH | | DFND | 1 2 | 166,534 | 0 | 0 |
BLACKROCK MUNIYIELD QLTY FD | COM | 09254E103 | 1,389 | 110,254 | SH | | DFND | 1 2 | 110,254 | 0 | 0 |
DELAWARE INV MN MUN INC FD I | COM | 24610V103 | 1,061 | 85,697 | SH | | DFND | 1 2 | 85,697 | 0 | 0 |
DEUTSCHE MUN INCOME | COM | 25160C106 | 4,292 | 389,461 | SH | | DFND | 1 2 | 389,461 | 0 | 0 |
DEUTSCHE STRATEGIC MUN INCOM | COM | 25159F102 | 573 | 52,660 | SH | | DFND | 1 2 | 52,660 | 0 | 0 |
DREYFUS HIGH YIELD STRATEGIE | SH BEN INT | 26200S101 | 132 | 41,851 | SH | | DFND | 1 2 | 41,851 | 0 | 0 |
DTF TAX-FREE INCOME INC | COM | 23334J107 | 231 | 17,364 | SH | | DFND | 1 2 | 17,364 | 0 | 0 |
EATON VANCE CALIF MUN BD FD | COM | 27828A100 | 775 | 75,000 | SH | | DFND | 1 2 | 75,000 | 0 | 0 |
EATON VANCE FLTNG RATE 2022 | COM | 27831H100 | 1,961 | 207,774 | SH | | DFND | 1 2 | 207,774 | 0 | 0 |
EATON VANCE LTD DUR INCOME F | COM | 27828H105 | 197 | 15,629 | SH | | DFND | 1 2 | 15,629 | 0 | 0 |
EATON VANCE MUNI INCOME TRUS | SH BEN INT | 27826U108 | 560 | 47,256 | SH | | DFND | 1 2 | 47,256 | 0 | 0 |
EATON VANCE TAX ADV BD OPT S | COM SH BEN INT | 27829M103 | 368 | 40,244 | SH | | DFND | 1 2 | 40,244 | 0 | 0 |
FIRST TR SR FLOATING RATE 20 | COM SHS | 33740K101 | 1,542 | 166,118 | SH | | DFND | 1 2 | 166,118 | 0 | 0 |
GAMCO NAT RES GOLD & INCOME | SH BEN INT | 36465E101 | 236 | 37,236 | SH | | DFND | 1 2 | 37,236 | 0 | 0 |
HALCON RES CORP | *W EXP 09/09/202 | 40537Q118 | 5 | 11,671 | SH | | DFND | 1 2 | 11,671 | 0 | 0 |
INVESCO DYNAMIC CR OPP FD | COM | 46132R104 | 131 | 11,300 | SH | | DFND | 1 2 | 11,300 | 0 | 0 |
INVESCO MUN OPPORTUNITY TR | COM | 46132C107 | 1,774 | 151,100 | SH | | DFND | 1 2 | 151,100 | 0 | 0 |
INVESCO MUN TR | COM | 46131J103 | 305 | 25,800 | SH | | DFND | 1 2 | 25,800 | 0 | 0 |
INVESCO PA VALUE MUN INCOME | COM | 46132K109 | 221 | 18,460 | SH | | DFND | 1 2 | 18,460 | 0 | 0 |
INVESCO QUALITY MUNI INC TRS | COM | 46133G107 | 702 | 58,928 | SH | | DFND | 1 2 | 58,928 | 0 | 0 |
INVESCO SR INCOME TR | COM | 46131H107 | 107 | 25,000 | SH | | DFND | 1 2 | 25,000 | 0 | 0 |
IVY HIGH INC OPPORTUNITIES F | COM | 465893105 | 991 | 69,137 | SH | | DFND | 1 2 | 69,137 | 0 | 0 |
MIMEDX GROUP INC | COM | 602496101 | 28 | 160,000 | SH | Put | DFND | 1 2 | 160,000 | 0 | 0 |
NEUBERGER BERMAN CA INT MUN | COM | 64123C101 | 392 | 31,302 | SH | | DFND | 1 2 | 31,302 | 0 | 0 |
NEUBERGER BERMAN NY INT MUN | COM | 64124K102 | 608 | 52,927 | SH | | DFND | 1 2 | 52,927 | 0 | 0 |
NUVEEN CALIFORNIA AMT QLT MU | COM | 670651108 | 1,019 | 75,000 | SH | | DFND | 1 2 | 75,000 | 0 | 0 |
NUVEEN CR STRATEGIES INCM FD | COM SHS | 67073D102 | 875 | 110,000 | SH | | DFND | 1 2 | 110,000 | 0 | 0 |
NUVEEN EMERGING MKTS DEBT 20 | COM | 67077P101 | 138 | 15,768 | SH | | DFND | 1 2 | 15,768 | 0 | 0 |
NUVEEN GEORGIA QLTY MUN INC | COM | 67072B107 | 267 | 23,562 | SH | | DFND | 1 2 | 23,562 | 0 | 0 |
NUVEEN MUN 2021 TARGET TERM | COM | 670687102 | 899 | 95,101 | SH | | DFND | 1 2 | 95,101 | 0 | 0 |
NUVEEN MUN VALUE FD INC | COM | 670928100 | 239 | 25,000 | SH | | DFND | 1 2 | 25,000 | 0 | 0 |
NUVEEN NEW JERSEY QULT MUN F | COM | 67069Y102 | 861 | 65,978 | SH | | DFND | 1 2 | 65,978 | 0 | 0 |
NUVEEN NEW YORK AMT QLT MUNI | COM | 670656107 | 1,269 | 103,788 | SH | | DFND | 1 2 | 103,788 | 0 | 0 |
NUVEEN NORTH CAROLINA QLTY M | COM | 67060P100 | 570 | 46,207 | SH | | DFND | 1 2 | 46,207 | 0 | 0 |
NUVEEN OHIO QLTY MUN INCOME | COM | 670980101 | 694 | 49,958 | SH | | DFND | 1 2 | 49,958 | 0 | 0 |
NUVEEN PENNSYLVANIA QLT MUN | COM | 670972108 | 159 | 12,600 | SH | | DFND | 1 2 | 12,600 | 0 | 0 |
NUVEEN QUALITY MUNCP INCOME | COM | 67066V101 | 522 | 39,259 | SH | | DFND | 1 2 | 39,259 | 0 | 0 |
NUVEEN TEXAS QLTY MUN INCME | COM | 670983105 | 626 | 48,995 | SH | | DFND | 1 2 | 48,995 | 0 | 0 |
REVLON INC | CL A NEW | 761525609 | 3 | 10,000 | SH | Call | DFND | 1 2 | 10,000 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 60 | 50,000 | SH | Put | DFND | 1 2 | 50,000 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 4,069 | 15,000 | SH | | DFND | 1 2 | 15,000 | 0 | 0 |
TAL ED GROUP | SPONSORED ADS | 874080104 | 4 | 20,000 | SH | Put | DFND | 1 2 | 20,000 | 0 | 0 |
TESLA INC | COM | 88160R101 | 175 | 17,500 | SH | Put | DFND | 1 2 | 17,500 | 0 | 0 |
TRIANGLE CAP CORP | COM | 895848109 | 575 | 50,000 | SH | | DFND | 1 2 | 50,000 | 0 | 0 |
URBAN ONE INC | CL D NON VTG | 91705J204 | 665 | 316,613 | SH | | DFND | 1 2 | 316,613 | 0 | 0 |
VANECK VECTORS ETF TR | JP MORGAN MKTS | 92189F494 | 19 | 40,000 | SH | Put | DFND | 1 2 | 40,000 | 0 | 0 |
VOYA PRIME RATE TR | SH BEN INT | 92913A100 | 526 | 104,624 | SH | | DFND | 1 2 | 104,624 | 0 | 0 |
WESTERN ASSET CORPORATE LN F | COM | 95790J102 | 293 | 28,996 | SH | | DFND | 1 2 | 28,996 | 0 | 0 |
WESTERN ASSET INTM MUNI FD I | COM | 958435109 | 352 | 40,582 | SH | | DFND | 1 2 | 40,582 | 0 | 0 |