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 |
ALLIANCEBERNSTEIN NATL MUNI | COM | 01864U106 | 259 | 20,000 | SH | | DFND | 1 2 | 20,000 | 0 | 0 |
AMARIN CORP PLC | SPONS ADR NEW | 023111206 | 15 | 20,000 | SH | Call | DFND | 1 2 | 20,000 | 0 | 0 |
APOLLO TACTICAL INCOME FD IN | COM | 037638103 | 588 | 40,000 | SH | | DFND | 1 2 | 40,000 | 0 | 0 |
AVAYA HLDGS CORP | COM | 05351X101 | 1,971 | 117,098 | SH | | DFND | 1 2 | 117,098 | 0 | 0 |
BARINGS BDC INC | COM | 06759L103 | 736 | 75,000 | SH | | DFND | 1 2 | 75,000 | 0 | 0 |
BLACKROCK CALIF MUN INCOME T | SH BEN INT | 09248E102 | 672 | 52,355 | SH | | DFND | 1 2 | 52,355 | 0 | 0 |
BLACKROCK FLOAT RATE OME STR | COM | 09255X100 | 1,977 | 158,158 | SH | | DFND | 1 2 | 158,158 | 0 | 0 |
BLACKROCK FLOATING RATE INCO | COM | 091941104 | 1,608 | 131,668 | SH | | DFND | 1 2 | 131,668 | 0 | 0 |
BLACKROCK MUN 2030 TAR TERM | COM SHS BEN IN | 09257P105 | 1,557 | 70,000 | SH | | DFND | 1 2 | 70,000 | 0 | 0 |
BLACKROCK MUN INCOME TR | SH BEN INT | 09248F109 | 1,179 | 87,451 | SH | | DFND | 1 2 | 87,451 | 0 | 0 |
BLACKROCK MUNI INTER DR FD I | COM | 09253X102 | 312 | 22,612 | SH | | DFND | 1 2 | 22,612 | 0 | 0 |
BLACKROCK MUNICIPL INC QLTY | COM | 092479104 | 201 | 14,976 | SH | | DFND | 1 2 | 14,976 | 0 | 0 |
BLACKROCK MUNIENHANCED FD IN | COM | 09253Y100 | 135 | 12,652 | SH | | DFND | 1 2 | 12,652 | 0 | 0 |
BLACKROCK MUNIHLDGS NY QLTY | COM | 09255C106 | 206 | 15,914 | SH | | DFND | 1 2 | 15,914 | 0 | 0 |
BLACKROCK MUNIHLDNGS CALI QL | COM | 09254L107 | 2,504 | 188,974 | SH | | DFND | 1 2 | 188,974 | 0 | 0 |
BLACKROCK MUNIHLDNGS QLTY II | COM | 09254C107 | 463 | 37,633 | SH | | DFND | 1 2 | 37,633 | 0 | 0 |
BLACKROCK MUNIHLDS INVSTM QL | COM | 09254P108 | 1,216 | 94,146 | SH | | DFND | 1 2 | 94,146 | 0 | 0 |
BLACKROCK MUNIVEST FD INC | COM | 09253R105 | 450 | 50,000 | SH | | DFND | 1 2 | 50,000 | 0 | 0 |
BLACKROCK MUNIYIELD CALI QLT | COM | 09254N103 | 1,843 | 136,771 | SH | | DFND | 1 2 | 136,771 | 0 | 0 |
BLACKROCK MUNIYIELD N J FD I | COM | 09254Y109 | 1,536 | 106,538 | SH | | DFND | 1 2 | 106,538 | 0 | 0 |
BLACKROCK MUNIYIELD NY QLTY | COM | 09255E102 | 1,485 | 120,611 | SH | | DFND | 1 2 | 120,611 | 0 | 0 |
BLACKROCK MUNIYIELD PA QLTY | COM | 09255G107 | 338 | 24,860 | SH | | DFND | 1 2 | 24,860 | 0 | 0 |
BLACKROCK MUNIYIELD QLTY FD | COM | 09254E103 | 1,841 | 142,404 | SH | | DFND | 1 2 | 142,404 | 0 | 0 |
BLACKROCK N Y MUN INCOME TR | SH BEN INT | 09248L106 | 196 | 15,000 | SH | | DFND | 1 2 | 15,000 | 0 | 0 |
BROOKFIELD REAL ASSETS INCOM | SHS BEN INT | 112830104 | 1,442 | 66,693 | SH | | DFND | 1 2 | 66,693 | 0 | 0 |
COLONY CAP INC NEW | CL A COM | 19626G108 | 133 | 25,000 | SH | | DFND | 1 2 | 25,000 | 0 | 0 |
CORNERSTONE STRATEGIC VALUE | COM | 21924B302 | 1,730 | 142,000 | SH | | DFND | 1 2 | 142,000 | 0 | 0 |
CORNERSTONE TOTAL RTRN FD IN | COM | 21924U300 | 1,439 | 120,000 | SH | | DFND | 1 2 | 120,000 | 0 | 0 |
DELAWARE INV MN MUN INC FD I | COM | 24610V103 | 1,474 | 116,646 | SH | | DFND | 1 2 | 116,646 | 0 | 0 |
DWS MUN INCOME TR NEW | COM | 233368109 | 5,045 | 457,801 | SH | | DFND | 1 2 | 457,801 | 0 | 0 |
EATON VANCE CALIF MUN BD FD | COM | 27828A100 | 1,086 | 102,932 | SH | | DFND | 1 2 | 102,932 | 0 | 0 |
EATON VANCE FLTG RATE INCOM | COM SHS BEN INT | 278284104 | 884 | 59,682 | SH | | DFND | 1 2 | 59,682 | 0 | 0 |
EATON VANCE FLTING RATE INC | COM | 278279104 | 892 | 67,602 | SH | | DFND | 1 2 | 67,602 | 0 | 0 |
EATON VANCE LTD DUR INCOME F | COM | 27828H105 | 1,075 | 85,000 | SH | | DFND | 1 2 | 85,000 | 0 | 0 |
EATON VANCE MUNI INCOME TRUS | SH BEN INT | 27826U108 | 2,886 | 236,526 | SH | | DFND | 1 2 | 236,526 | 0 | 0 |
EATON VANCE SR FLTNG RTE TR | COM | 27828Q105 | 880 | 67,579 | SH | | DFND | 1 2 | 67,579 | 0 | 0 |
EATON VANCE SR INCOME TR | SH BEN INT | 27826S103 | 1,013 | 164,853 | SH | | DFND | 1 2 | 164,853 | 0 | 0 |
EATON VANCE TAX MNGD BUY WRI | COM SH BEN INT | 27829M103 | 2,166 | 233,947 | SH | | DFND | 1 2 | 233,947 | 0 | 0 |
EATON VANCE TXMGD GL BUYWR O | COM | 27829C105 | 508 | 52,027 | SH | | DFND | 1 2 | 52,027 | 0 | 0 |
EL POLLO LOCO HLDGS INC | COM | 268603107 | 9 | 10,000 | SH | Put | DFND | 1 2 | 10,000 | 0 | 0 |
FEDERATED PREM MUN INC FD | COM | 31423P108 | 645 | 48,027 | SH | | DFND | 1 2 | 48,027 | 0 | 0 |
FIRST TR SR FLG RTE INCM FD | COM | 33733U108 | 342 | 28,964 | SH | | DFND | 1 2 | 28,964 | 0 | 0 |
FIRST TR SR FLOATING RATE 20 | COM SHS | 33740K101 | 600 | 68,595 | SH | | DFND | 1 2 | 68,595 | 0 | 0 |
FS KKR CAPITAL CORP | COM | 302635107 | 364 | 60,000 | SH | | DFND | 1 2 | 60,000 | 0 | 0 |
HALCON RES CORP | *W EXP 09/09/202 | 40537Q118 | 0 | 11,671 | SH | | DFND | 1 2 | 11,671 | 0 | 0 |
INVESCO ADVANTAGE MUNICIPAL | SH BEN INT | 46132E103 | 702 | 65,165 | SH | | DFND | 1 2 | 65,165 | 0 | 0 |
INVESCO DYNAMIC CR OPP FD | COM | 46132R104 | 1,058 | 97,524 | SH | | DFND | 1 2 | 97,524 | 0 | 0 |
INVESCO MUN OPPORTUNITY TR | COM | 46132C107 | 935 | 78,351 | SH | | DFND | 1 2 | 78,351 | 0 | 0 |
INVESCO PA VALUE MUN INCOME | COM | 46132K109 | 475 | 38,095 | SH | | DFND | 1 2 | 38,095 | 0 | 0 |
INVESCO SR INCOME TR | COM | 46131H107 | 229 | 55,000 | SH | | DFND | 1 2 | 55,000 | 0 | 0 |
ISHARES TR | IBOXX HI YD ETF | 464288513 | 5 | 200,000 | SH | Call | DFND | 1 2 | 200,000 | 0 | 0 |
ISHARES TR | IBOXX HI YD ETF | 464288513 | 5 | 108,000 | SH | Put | DFND | 1 2 | 108,000 | 0 | 0 |
IVY HIGH INC OPPORTUNITIES F | COM | 465893105 | 551 | 40,728 | SH | | DFND | 1 2 | 40,728 | 0 | 0 |
NEUBERGER BRMAN CLIFRN MUNI | COM | 64123C101 | 408 | 31,302 | SH | | DFND | 1 2 | 31,302 | 0 | 0 |
NUVEEN ARIZONA QLTY MUN INC | COM | 67061W104 | 225 | 17,551 | SH | | DFND | 1 2 | 17,551 | 0 | 0 |
NUVEEN CALIFORNIA AMT QLT MU | COM | 670651108 | 1,413 | 101,536 | SH | | DFND | 1 2 | 101,536 | 0 | 0 |
NUVEEN CR STRATEGIES INCM FD | COM SHS | 67073D102 | 5,699 | 737,349 | SH | | DFND | 1 2 | 737,349 | 0 | 0 |
NUVEEN FLOATING RATE INCOME | COM | 67072T108 | 998 | 103,600 | SH | | DFND | 1 2 | 103,600 | 0 | 0 |
NUVEEN FLTNG RTE INCM OPP FD | COM SHS | 6706EN100 | 1,953 | 203,683 | SH | | DFND | 1 2 | 203,683 | 0 | 0 |
NUVEEN GEORGIA QLTY MUN INC | COM | 67072B107 | 568 | 47,645 | SH | | DFND | 1 2 | 47,645 | 0 | 0 |
NUVEEN MINESOTA QLT MUN INC | SHS | 670734102 | 582 | 43,426 | SH | | DFND | 1 2 | 43,426 | 0 | 0 |
NUVEEN MUN INCOME FD INC | COM | 67062J102 | 139 | 12,798 | SH | | DFND | 1 2 | 12,798 | 0 | 0 |
NUVEEN NEW YORK AMT QLT MUNI | COM | 670656107 | 359 | 28,265 | SH | | DFND | 1 2 | 28,265 | 0 | 0 |
NUVEEN NORTH CAROLINA QLTY M | COM | 67060P100 | 286 | 22,360 | SH | | DFND | 1 2 | 22,360 | 0 | 0 |
NUVEEN SR INCOME FD | COM | 67067Y104 | 1,490 | 256,900 | SH | | DFND | 1 2 | 256,900 | 0 | 0 |
NUVEEN TEXAS QLTY MUN INCME | COM | 670983105 | 803 | 60,095 | SH | | DFND | 1 2 | 60,095 | 0 | 0 |
OAKTREE SPECIALTY LENDING CO | COM | 67401P108 | 278 | 53,659 | SH | | DFND | 1 2 | 53,659 | 0 | 0 |
OHR PHARMACEUTICAL INC | COM | 67778H309 | 55 | 24,397 | SH | | DFND | 1 2 | 24,397 | 0 | 0 |
PGIM GLOBAL HIGH YIELD FD IN | COM | 69346J106 | 976 | 70,000 | SH | | DFND | 1 2 | 70,000 | 0 | 0 |
PIONEER FLOATING RATE TR | COM | 72369J102 | 231 | 22,189 | SH | | DFND | 1 2 | 22,189 | 0 | 0 |
RIVERNORTH OPPRTUNITIES FD I | COM | 76881Y109 | 202 | 12,251 | SH | | DFND | 1 2 | 12,251 | 0 | 0 |
SAN JUAN BASIN RTY TR | UNIT BEN INT | 798241105 | 78 | 14,500 | SH | | DFND | 1 2 | 14,500 | 0 | 0 |
SMART SAND INC | COM | 83191H107 | 138 | 31,000 | SH | | DFND | 1 2 | 31,000 | 0 | 0 |
TESLA INC | COM | 88160R101 | 88 | 24,500 | SH | Put | DFND | 1 2 | 24,500 | 0 | 0 |
UBS AG LONDON BRH | ETRACS MTH2XRE | 90269A302 | 592 | 39,148 | SH | | DFND | 1 2 | 39,148 | 0 | 0 |
UBS AG LONDON BRH | ETRACS MTH 2XLV | 90270L842 | 1,649 | 116,511 | SH | | DFND | 1 2 | 116,511 | 0 | 0 |
URBAN ONE INC | CL D NON VTG | 91705J204 | 414 | 207,114 | SH | | DFND | 1 2 | 207,114 | 0 | 0 |
VIRTUS GLOBAL MULTI-SEC INC | COM | 92829B101 | 798 | 65,127 | SH | | DFND | 1 2 | 65,127 | 0 | 0 |
VOYA PRIME RATE TR | SH BEN INT | 92913A100 | 716 | 149,715 | SH | | DFND | 1 2 | 149,715 | 0 | 0 |
WESTERN ASSET CORPORATE LN F | COM | 95790J102 | 704 | 74,296 | SH | | DFND | 1 2 | 74,296 | 0 | 0 |
WESTERN ASSET INTM MUNI FD I | COM | 958435109 | 358 | 40,582 | SH | | DFND | 1 2 | 40,582 | 0 | 0 |