| 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 |
| ABERDEEN ASIA PAC INC FD | COM | 003009107 | 922 | 146,936 | SH | | DFND | 1 | 922 | 0 | 0 |
| AMERICA MOVIL S A DE C V | SHS | 02364W204 | 793 | 38,150 | SH | | DFND | 1 | 793 | 0 | 0 |
| AMERICAN INTERNATIONAL GROUP | COM | 026874784 | 1,609 | 29,492 | SH | | DFND | 1 | 1,609 | 0 | 0 |
| ARCELORMITTAL | MAND CV NT 16 | L0302D178 | 505 | 22,465 | SH | | DFND | 1 | 505 | 0 | 0 |
| AT&T INC | COM | 00206R102 | 2,305 | 65,203 | SH | | DFND | 1 | 2,305 | 0 | 0 |
| BANCO SANTANDER BRASIL-ADS | ADS REP 1 UNIT | 05967A107 | 1,215 | 175,675 | SH | | DFND | 1 | 1,215 | 0 | 0 |
| BANK OF AMERICA CORP | COM | 060505104 | 724 | 47,158 | SH | | DFND | 1 | 724 | 0 | 0 |
| BHP BILLITON LTD ADR | ADR | 088606108 | 1,316 | 19,236 | SH | | DFND | 1 | 1,316 | 0 | 0 |
| BLACKHAWK NETWORK HD-B | CL B | 09238E203 | 1,181 | 43,989 | SH | | DFND | 1 | 1,181 | 0 | 0 |
| BLACKROCK CREDIT ALLOCATION | COM | 092508100 | 321 | 23,402 | SH | | DFND | 1 | 321 | 0 | 0 |
| BLACKROCK REAL ASSET EQUITY | COM | 09254B109 | 409 | 43,599 | SH | | DFND | 1 | 409 | 0 | 0 |
| BROOKDALE SENIOR LIVING INC | COM | 112463104 | 661 | 19,856 | SH | | DFND | 1 | 661 | 0 | 0 |
| CBS CORP-CLASS A VOTING | CL A | 124857103 | 1,610 | 25,940 | SH | | DFND | 1 | 1,610 | 0 | 0 |
| COVIDIEN PLC | SHS | G2554F113 | 1,690 | 18,751 | SH | | DFND | 1 | 1,690 | 0 | 0 |
| EATON VANCE ENH EQT INC II | COM | 278277108 | 255 | 19,005 | SH | | DFND | 1 | 255 | 0 | 0 |
| EATON VANCE T/A GL DVD INCM | COM | 27828S101 | 205 | 11,712 | SH | | DFND | 1 | 205 | 0 | 0 |
| EATON VANCE T/M BUY-WRITE OP | COM | 27828Y108 | 460 | 31,237 | SH | | DFND | 1 | 460 | 0 | 0 |
| EATON VANCE TAX MAN GLBL BR | COM | 27829C105 | 737 | 57,820 | SH | | DFND | 1 | 737 | 0 | 0 |
| ENBRIDGE ENERGY MANAGEMENT L | UNITS LLI | 29250X103 | 512 | 14,533 | SH | | DFND | 1 | 512 | 0 | 0 |
| EPR PROPERTIES | CNV 5.75% | 26884U208 | 3,435 | 149,518 | SH | | DFND | 1 | 3,435 | 0 | 0 |
| FID NATL TITLE GROUP INC | CL A | 31620R105 | 1,585 | 48,399 | SH | | DFND | 1 | 1,585 | 0 | 0 |
| FOREST LABORATORIES INC | COM | 345838106 | 1,008 | 10,183 | SH | | DFND | 1 | 1,008 | 0 | 0 |
| GABELLI DIVIDEND & INCOME | COM | 36242H104 | 519 | 23,732 | SH | | DFND | 1 | 519 | 0 | 0 |
| GENERAL MOTORS CO | *W EXP 07/10/201 | 37045V118 | 648 | 24,355 | SH | | DFND | 1 | 648 | 0 | 0 |
| GENESEE & WYOMING INC | UNIT 10/01/2015 | 371559204 | 1,986 | 14,724 | SH | | DFND | 1 | 1,986 | 0 | 0 |
| INVESCO DYNAMIC CREDIT OPP | COM | 46132R104 | 382 | 29,535 | SH | | DFND | 1 | 382 | 0 | 0 |
| INVESCO VALUE MUNICIPAL INCO | COM | 46132P108 | 251 | 16,788 | SH | | DFND | 1 | 251 | 0 | 0 |
| ISHARES CHINA LARGE-CAP ETF | ETF | 464287184 | 624 | 16,866 | SH | | DFND | 1 | 624 | 0 | 0 |
| ISHARES INC | ETF | 464286731 | 505 | 32,024 | SH | | DFND | 1 | 505 | 0 | 0 |
| ISHARES MSCI HONG KONG ETF | ETF | 464286871 | 445 | 21,338 | SH | | DFND | 1 | 445 | 0 | 0 |
| ISHARES MSCI JAPAN ETF | ETF | 464286848 | 405 | 33,647 | SH | | DFND | 1 | 405 | 0 | 0 |
| ISHARES MSCI MALAYSIA ETF | ETF | 464286830 | 255 | 16,086 | SH | | DFND | 1 | 255 | 0 | 0 |
| ISHARES SILVER TRUST | ISHARES | 46428Q109 | 938 | 46,349 | SH | | DFND | 1 | 938 | 0 | 0 |
| JPMORGAN CHASE & CO | COM | 46625H100 | 772 | 13,399 | SH | | DFND | 1 | 772 | 0 | 0 |
| KAYNE ANDERSON MLP INVESTMEN | COM | 486606106 | 458 | 11,643 | SH | | DFND | 1 | 458 | 0 | 0 |
| KINDER MORGAN ENERGY PARTNER | PARTNER | 494550106 | 2,655 | 32,296 | SH | | DFND | 1 | 2,655 | 0 | 0 |
| MARKET VECTORS GOLD MINERS | ETF | 57060U100 | 443 | 16,753 | SH | | DFND | 1 | 443 | 0 | 0 |
| MARKET VECTORS INDONESIA IND | ETF | 57060U753 | 654 | 26,570 | SH | | DFND | 1 | 654 | 0 | 0 |
| NASDAQ PREMIUM INCOME & GROW | COM | 63110R105 | 244 | 13,030 | SH | | DFND | 1 | 244 | 0 | 0 |
| NATL HEALTHCARE CORP | CONV SER A | 635906209 | 768 | 51,384 | SH | | DFND | 1 | 768 | 0 | 0 |
| NEXTERA ENERGY INC | UNIT 09/01/2015 | 65339F887 | 1,050 | 16,157 | SH | | DFND | 1 | 1,050 | 0 | 0 |
| NorthStar Realty Finance Corp | COM | 66704R100 | 965 | 55,570 | SH | | DFND | 1 | 965 | 0 | 0 |
| NUVEEN CALIFORNIA AMT-FREE M | COM | 670651108 | 268 | 19,704 | SH | | DFND | 1 | 268 | 0 | 0 |
| NUVEEN CREDIT STRATEGIES INC | SHS | 67073D102 | 209 | 22,372 | SH | | DFND | 1 | 209 | 0 | 0 |
| NUVEEN DIV ADV MUNI 2 | COM | 67070F100 | 210 | 15,119 | SH | | DFND | 1 | 210 | 0 | 0 |
| NUVEEN INV QUALITY MUNI FD | COM | 67062E103 | 287 | 19,557 | SH | | DFND | 1 | 287 | 0 | 0 |
| NUVEEN MUNI VALUE | COM | 670928100 | 240 | 24,963 | SH | | DFND | 1 | 240 | 0 | 0 |
| OMNIAMERICAN BANCORP INC | COM | 68216R107 | 637 | 25,500 | SH | | DFND | 1 | 637 | 0 | 0 |
| OMNICARE CAP TRUST II | B TR 4.00% | 68214Q200 | 13,810 | 169,372 | SH | | DFND | 1 | 13,810 | 0 | 0 |
| PETROLEO BRASILEIRO S.A.-ADR | ADR | 71654V408 | 242 | 16,589 | SH | | DFND | 1 | 242 | 0 | 0 |
| PIMCO DYNAMIC CREDIT INCOME | SHS | 72202D106 | 674 | 28,336 | SH | | DFND | 1 | 674 | 0 | 0 |
| ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 | 2,341 | 28,426 | SH | | DFND | 1 | 2,341 | 0 | 0 |
| SPROTT PHYSICAL GOLD TRUST | TRUST UNIT | 85207H104 | 4,544 | 412,797 | SH | | DFND | 1 | 4,544 | 0 | 0 |
| TELECOM ITALIA SPA-SPON ADR | SPON ADR SVGS | 87927Y201 | 733 | 74,450 | SH | | DFND | 1 | 733 | 0 | 0 |
| TIME WARNER CABLE | COM | 88732J207 | 4,375 | 29,703 | SH | | DFND | 1 | 4,375 | 0 | 0 |
| TRIQUINT SEMICONDUCTER INC | COM | 89674K103 | 967 | 61,200 | SH | | DFND | 1 | 967 | 0 | 0 |
| VANGUARD FTSE EUROPE ETF | ETF | 922042874 | 1,209 | 20,182 | SH | | DFND | 1 | 1,209 | 0 | 0 |
| VENTAS INC | COM | 92276F100 | 963 | 15,038 | SH | | DFND | 1 | 963 | 0 | 0 |
| VOYA GLOBAL EQUITY DIVIDEND | COM | 92912T100 | 280 | 28,884 | SH | | DFND | 1 | 280 | 0 | 0 |
| WISCONSIN ENERGY CORP | COM | 976657106 | 1,143 | 24,365 | SH | | DFND | 1 | 1,143 | 0 | 0 |
| GENERAL MOTORS CO | COM | 37045V100 | 3,858 | 106,306 | SH | | DFND | 1 2 | 3,858 | 0 | 0 |
