| 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 |
| Access Midstream Partners L | Unit | 00434L109 | 33,904 | 532,739 | SH | | OTR | 1 | 0 | 532,739 | 0 |
| Access Midstream Partners L | Unit | 00434L109 | 7,794 | 122,471 | SH | | SOLE | | 122,471 | 0 | 0 |
| Alliance Holdings GP LP | Com Units LP | 01861G100 | 53,177 | 779,265 | SH | | OTR | 1 | 0 | 779,265 | 0 |
| Alliance Holdings GP LP | Com Units LP | 01861G100 | 19,049 | 279,153 | SH | | SOLE | | 279,153 | 0 | 0 |
| Alliance Res Partner L P | Ut Ltd Part | 01877R108 | 135,199 | 3,155,903 | SH | | OTR | 1 | 0 | 3,155,903 | 0 |
| Alliance Res Partner L P | Ut Ltd Part | 01877R108 | 22,201 | 518,229 | SH | | SOLE | | 518,229 | 0 | 0 |
| Alliant Energy Corp | Com | 018802108 | 9,840 | 177,581 | SH | | OTR | 1 | 0 | 177,581 | 0 |
| American Elec Pwr Inc | Com | 025537101 | 50,127 | 960,109 | SH | | OTR | 1 | 0 | 960,109 | 0 |
| Amerigas Partners L P | Unit L P Int | 030975106 | 118,989 | 2,608,270 | SH | | OTR | 1 | 0 | 2,608,270 | 0 |
| Amerigas Partners L P | Unit L P Int | 030975106 | 23,768 | 520,995 | SH | | SOLE | | 520,995 | 0 | 0 |
| Atmos Energy Corp | Com | 049560105 | 27,785 | 582,505 | SH | | OTR | 1 | 0 | 582,505 | 0 |
| Atmos Energy Corp | Com | 049560105 | 13,485 | 282,713 | SH | | SOLE | | 282,713 | 0 | 0 |
| Buckeye Partners L P | Unit LTD Partn | 118230101 | 14,547 | 182,662 | SH | | OTR | 1 | 0 | 182,662 | 0 |
| CMS Energy Corp | Com | 125896100 | 41,552 | 1,400,959 | SH | | OTR | 1 | 0 | 1,400,959 | 0 |
| Chesapeake Utils Corp | Com | 165303108 | 4,695 | 112,698 | SH | | OTR | 1 | 0 | 112,698 | 0 |
| Chesapeake Utils Corp | Com | 165303108 | 1,088 | 26,110 | SH | | SOLE | | 26,110 | 0 | 0 |
| Cone Midstream Partners LP | Com Unit Repst | 206812109 | 984 | 35,000 | SH | | SOLE | | 35,000 | 0 | 0 |
| CorEnergy Infrastructure TR | Com | 21870U205 | 7,372 | 985,614 | SH | | OTR | 1 | 0 | 985,614 | 0 |
| CorEnergy Infrastructure TR | Com | 21870U205 | 1,092 | 145,989 | SH | | SOLE | | 145,989 | 0 | 0 |
| Dominion Res Inc VA New | Com | 25746U109 | 96,394 | 1,395,195 | SH | | OTR | 1 | 0 | 1,395,195 | 0 |
| Dominion Res Inc VA New | Com | 25746U109 | 16,713 | 241,901 | SH | | SOLE | | 241,901 | 0 | 0 |
| Duke Energy Corp New | Com New | 26441C204 | 8,051 | 107,683 | SH | | OTR | 1 | 0 | 107,683 | 0 |
| EQT Midstream Partners LP | Unit LTD Partn | 26885B100 | 65,589 | 731,943 | SH | | OTR | 1 | 0 | 731,943 | 0 |
| EQT Midstream Partners LP | Unit LTD Partn | 26885B100 | 14,169 | 158,114 | SH | | SOLE | | 158,114 | 0 | 0 |
| El Paso Pipeline Partners L | Com Unit LPI | 283702108 | 84,461 | 2,103,103 | SH | | OTR | 1 | 0 | 2,103,103 | 0 |
| El Paso Pipeline Partners L | Com Unit LPI | 283702108 | 12,944 | 322,311 | SH | | SOLE | | 322,311 | 0 | 0 |
| Enable Midstream Partners LP | Com Unit RP In | 292480100 | 511 | 20,720 | SH | | SOLE | | 20,720 | 0 | 0 |
| ENBRIDGE INC | Com | 29250N105 | 88,759 | 1,853,779 | SH | | OTR | 1 | 0 | 1,853,779 | 0 |
| ENBRIDGE INC | Com | 29250N105 | 12,272 | 256,309 | SH | | SOLE | | 256,309 | 0 | 0 |
| Enbridge Energy Partners L P | Com | 29250R106 | 217,967 | 5,610,464 | SH | | OTR | 1 | 0 | 5,610,464 | 0 |
| Enbridge Energy Partners L P | Com | 29250R106 | 5,585 | 143,760 | SH | | SOLE | | 143,760 | 0 | 0 |
| Enbridge Energy Management L | Shs Units LLI | 29250X103 | 165,204 | 4,439,786 | SH | | OTR | 1 | 0 | 4,439,786 | 0 |
| Enbridge Energy Management L | Shs Units LLI | 29250X103 | 42,536 | 1,143,132 | SH | | SOLE | | 1,143,132 | 0 | 0 |
| Energy Transfer Prtnrs L P | Unit Ltd Partn | 29273R109 | 143,780 | 2,246,919 | SH | | OTR | 1 | 0 | 2,246,919 | 0 |
| Energy Transfer Prtnrs L P | Unit Ltd Partn | 29273R109 | 30,460 | 476,015 | SH | | SOLE | | 476,015 | 0 | 0 |
| Energy Transfer Equity L P | Com Ut Ltd Ptn | 29273V100 | 127,872 | 2,072,822 | SH | | OTR | 1 | 0 | 2,072,822 | 0 |
| Energy Transfer Equity L P | Com Ut Ltd Ptn | 29273V100 | 9,145 | 148,238 | SH | | SOLE | | 148,238 | 0 | 0 |
| Enterprise Prods Partners L | Com | 293792107 | 273,317 | 6,782,053 | SH | | OTR | 1 | 0 | 6,782,053 | 0 |
| Enterprise Prods Partners L | Com | 293792107 | 60,254 | 1,495,135 | SH | | SOLE | | 1,495,135 | 0 | 0 |
| Exelon Corp | Com | 30161N101 | 16,077 | 471,600 | SH | | OTR | 1 | 0 | 471,600 | 0 |
| Golar LNG Partners LP | Com Unit LPI | Y2745C102 | 13,818 | 397,977 | SH | | OTR | 1 | 0 | 397,977 | 0 |
| Golar LNG Partners LP | Com Unit LPI | Y2745C102 | 7,308 | 210,477 | SH | | SOLE | | 210,477 | 0 | 0 |
| Hoegh LNG Parnters L P | Com Unit Ltd | Y3262R100 | 2,888 | 126,076 | SH | | OTR | 1 | 0 | 126,076 | 0 |
| Hoegh LNG Parnters L P | Com Unit Ltd | Y3262R100 | 1,031 | 45,000 | SH | | SOLE | | 45,000 | 0 | 0 |
| Holly Energy Partners L P | Com Ut Ltd Ptn | 435763107 | 77,456 | 2,127,903 | SH | | OTR | 1 | 0 | 2,127,903 | 0 |
| Holly Energy Partners L P | Com Ut Ltd Ptn | 435763107 | 18,033 | 495,410 | SH | | SOLE | | 495,410 | 0 | 0 |
| Idacorp Inc | Com | 451107106 | 8,291 | 154,646 | SH | | OTR | 1 | 0 | 154,646 | 0 |
| ITC Hldgs Corp | Com | 465685105 | 82,320 | 2,310,409 | SH | | OTR | 1 | 0 | 2,310,409 | 0 |
| ITC Hldgs Corp | Com | 465685105 | 16,394 | 460,104 | SH | | SOLE | | 460,104 | 0 | 0 |
| Kinder Morgan Energy Partner | Ut Ltd Partner | 494550106 | 86,722 | 929,698 | SH | | OTR | 1 | 0 | 929,698 | 0 |
| Kinder Morgan Energy Partner | Ut Ltd Partner | 494550106 | 1,940 | 20,800 | SH | | SOLE | | 20,800 | 0 | 0 |
| Kinder Morgan Management LLC | SHS | 49455U100 | 318,796 | 3,386,048 | SH | | OTR | 1 | 0 | 3,386,048 | 0 |
| Kinder Morgan Management LLC | SHS | 49455U100 | 59,023 | 626,909 | SH | | SOLE | | 626,909 | 0 | 0 |
| Kinder Morgan Inc Del | Com | 49456B101 | 117,802 | 3,072,556 | SH | | OTR | 1 | 0 | 3,072,556 | 0 |
| Kinder Morgan Inc Del | Com | 49456B101 | 27,177 | 708,833 | SH | | SOLE | | 708,833 | 0 | 0 |
| Kinder Morgan Inc Del | *W EXP 05/25/201 | 49456B119 | 62 | 17,139 | SH | | SOLE | | 17,139 | 0 | 0 |
| Laclede Group Inc | Com | 505597104 | 22,725 | 489,757 | SH | | OTR | 1 | 0 | 489,757 | 0 |
| MPLX LP | Com Unit Rep Ltd | 55336V100 | 31,179 | 529,000 | SH | | OTR | 1 | 0 | 529,000 | 0 |
| Magellan Midstream Prtnrs LP | Com Unit RP LP | 559080106 | 212,801 | 2,527,929 | SH | | OTR | 1 | 0 | 2,527,929 | 0 |
| Magellan Midstream Prtnrs LP | Com Unit RP LP | 559080106 | 22,483 | 267,084 | SH | | SOLE | | 267,084 | 0 | 0 |
| NGL Energy Partners LP | Com Unit Repst | 62913M107 | 64,232 | 1,631,489 | SH | | OTR | 1 | 0 | 1,631,489 | 0 |
| NGL Energy Partners LP | Com Unit Repst | 62913M107 | 21,933 | 557,101 | SH | | SOLE | | 557,101 | 0 | 0 |
| NRG Yield Inc | COM CL A | 62942X108 | 45,831 | 974,095 | SH | | OTR | 1 | 0 | 974,095 | 0 |
| NRG Yield Inc | COM CL A | 62942X108 | 7,896 | 167,828 | SH | | SOLE | | 167,828 | 0 | 0 |
| National Grid PLC | SPON ADR NEW | 636274300 | 31,138 | 433,188 | SH | | OTR | 1 | 0 | 433,188 | 0 |
| National Grid PLC | SPON ADR NEW | 636274300 | 8,426 | 117,218 | SH | | SOLE | | 117,218 | 0 | 0 |
| Natural Resource Partners L | Com Unit L P | 63900P103 | 12,456 | 955,178 | SH | | OTR | 1 | 0 | 955,178 | 0 |
| Natural Resource Partners L | Com Unit L P | 63900P103 | 790 | 60,600 | SH | | SOLE | | 60,600 | 0 | 0 |
| New Jersey Res | Com | 646025106 | 5,056 | 100,099 | SH | | OTR | 1 | 0 | 100,099 | 0 |
| New Jersey Res | Com | 646025106 | 808 | 16,000 | SH | | SOLE | | 16,000 | 0 | 0 |
| NextEra Energy Inc | Com | 65339F101 | 81,513 | 868,273 | SH | | OTR | 1 | 0 | 868,273 | 0 |
| NextEra Energy Inc | Com | 65339F101 | 20,260 | 215,810 | SH | | SOLE | | 215,810 | 0 | 0 |
| NextEra Energy Partners L P | Com Unit Part In | 65341B106 | 17,926 | 516,748 | SH | | OTR | 1 | 0 | 516,748 | 0 |
| NextEra Energy Partners L P | Com Unit Part In | 65341B106 | 7,549 | 217,614 | SH | | SOLE | | 217,614 | 0 | 0 |
| Nisource Inc | Com | 65473P105 | 69,299 | 1,691,044 | SH | | OTR | 1 | 0 | 1,691,044 | 0 |
| Nisource Inc | Com | 65473P105 | 2,903 | 70,840 | SH | | SOLE | | 70,840 | 0 | 0 |
| Northeast Utils | Com | 664397106 | 67,242 | 1,517,886 | SH | | OTR | 1 | 0 | 1,517,886 | 0 |
| Northeast Utils | Com | 664397106 | 17,753 | 400,754 | SH | | SOLE | | 400,754 | 0 | 0 |
| Nustar Energy LP | Unit Com | 67058H102 | 8,285 | 125,646 | SH | | OTR | 1 | 0 | 125,646 | 0 |
| NuStar GP Holdings LLC | Unit Restg LLC | 67059L102 | 8,979 | 206,405 | SH | | OTR | 1 | 0 | 206,405 | 0 |
| Oiltanking Partners L P | Unit Ltd | 678049107 | 13,392 | 270,052 | SH | | OTR | 1 | 0 | 270,052 | 0 |
| One Gas Inc. | Com | 68235P108 | 19,516 | 569,823 | SH | | OTR | 1 | 0 | 569,823 | 0 |
| One Gas Inc. | Com | 68235P108 | 14,199 | 414,568 | SH | | SOLE | | 414,568 | 0 | 0 |
| Oneok Partners LP | Unit Ltd Partn | 68268N103 | 152,699 | 2,728,713 | SH | | OTR | 1 | 0 | 2,728,713 | 0 |
| Oneok Partners LP | Unit Ltd Partn | 68268N103 | 44,479 | 794,837 | SH | | SOLE | | 794,837 | 0 | 0 |
| Pattern Energy Group Inc | CL A | 70338P100 | 21,002 | 679,248 | SH | | OTR | 1 | 0 | 679,248 | 0 |
| Pattern Energy Group Inc | CL A | 70338P100 | 9,615 | 310,968 | SH | | SOLE | | 310,968 | 0 | 0 |
| Phillips 66 Partners LP | COM UNIT REP INT | 718549207 | 6,802 | 101,909 | SH | | OTR | 1 | 0 | 101,909 | 0 |
| Phillips 66 Partners LP | COM UNIT REP INT | 718549207 | 534 | 8,000 | SH | | SOLE | | 8,000 | 0 | 0 |
| Piedmont Nat Gas Inc. | Com | 720186105 | 25 | 741 | SH | | OTR | 1 | 0 | 741 | 0 |
| Piedmont Nat Gas Inc. | Com | 720186105 | 1,677 | 50,000 | SH | | SOLE | | 50,000 | 0 | 0 |
| Plains All Amern Pipeline L | Unit Ltd Partn | 726503105 | 182,580 | 3,101,933 | SH | | OTR | 1 | 0 | 3,101,933 | 0 |
| Plains All Amern Pipeline L | Unit Ltd Partn | 726503105 | 27,860 | 473,326 | SH | | SOLE | | 473,326 | 0 | 0 |
| Public SVC Enterprise Group | Com | 744573106 | 49,660 | 1,333,509 | SH | | OTR | 1 | 0 | 1,333,509 | 0 |
| Public SVC Enterprise Group | Com | 744573106 | 1,598 | 42,910 | SH | | SOLE | | 42,910 | 0 | 0 |
| QEP Midstream Partners LP | COM UNIT RP LTD | 74735R115 | 910 | 38,420 | SH | | SOLE | | 38,420 | 0 | 0 |
| Questar Corp | Com | 748356102 | 31,817 | 1,427,416 | SH | | OTR | 1 | 0 | 1,427,416 | 0 |
| Scana Corp New | Com | 80589M102 | 20,418 | 411,579 | SH | | OTR | 1 | 0 | 411,579 | 0 |
| Scana Corp New | Com | 80589M102 | 1,963 | 39,570 | SH | | SOLE | | 39,570 | 0 | 0 |
| Sempra Energy | Com | 816851109 | 26,514 | 251,602 | SH | | OTR | 1 | 0 | 251,602 | 0 |
| Sempra Energy | Com | 816851109 | 7,719 | 73,251 | SH | | SOLE | | 73,251 | 0 | 0 |
| South Jersey Inds Inc | Com | 838518108 | 22,194 | 415,933 | SH | | OTR | 1 | 0 | 415,933 | 0 |
| South Jersey Inds Inc | Com | 838518108 | 13,198 | 247,338 | SH | | SOLE | | 247,338 | 0 | 0 |
| Southern Co | Com | 842587107 | 82,759 | 1,895,970 | SH | | OTR | 1 | 0 | 1,895,970 | 0 |
| Southern Co | Com | 842587107 | 15,257 | 349,525 | SH | | SOLE | | 349,525 | 0 | 0 |
| Spectra Energy Corp | Com | 847560109 | 95,211 | 2,425,140 | SH | | OTR | 1 | 0 | 2,425,140 | 0 |
| Spectra Energy Partners LP | Com | 84756N109 | 114,306 | 2,157,122 | SH | | OTR | 1 | 0 | 2,157,122 | 0 |
| Spectra Energy Partners LP | Com | 84756N109 | 19,877 | 375,106 | SH | | SOLE | | 375,106 | 0 | 0 |
| Suburban Propane Partners L | Unit Ltd Partn | 864482104 | 64,923 | 1,457,317 | SH | | OTR | 1 | 0 | 1,457,317 | 0 |
| TC Pipelines LP | Ut Com Ltd Prt | 87233Q108 | 126,728 | 1,871,624 | SH | | OTR | 1 | 0 | 1,871,624 | 0 |
| TC Pipelines LP | Ut Com Ltd Prt | 87233Q108 | 21,789 | 321,805 | SH | | SOLE | | 321,805 | 0 | 0 |
| Transcanada Corp | Com | 89353D107 | 100,365 | 1,947,695 | SH | | OTR | 1 | 0 | 1,947,695 | 0 |
| Transcanada Corp | Com | 89353D107 | 15,980 | 310,109 | SH | | SOLE | | 310,109 | 0 | 0 |
| Transmontaigne Partners L P | Com Unit L P | 89376V100 | 46,749 | 1,133,595 | SH | | OTR | 1 | 0 | 1,133,595 | 0 |
| Transmontaigne Partners L P | Com Unit L P | 89376V100 | 14,659 | 355,445 | SH | | SOLE | | 355,445 | 0 | 0 |
| UGI Corp New | Com | 902681105 | 82,492 | 2,419,831 | SH | | OTR | 1 | 0 | 2,419,831 | 0 |
| UGI Corp New | Com | 902681105 | 12,896 | 378,287 | SH | | SOLE | | 378,287 | 0 | 0 |
| Williams Cos Inc Del | Com | 969457100 | 202,937 | 3,666,426 | SH | | OTR | 1 | 0 | 3,666,426 | 0 |
| Williams Cos Inc Del | Com | 969457100 | 17,278 | 312,159 | SH | | SOLE | | 312,159 | 0 | 0 |
| Williams Partners L P | Com Unit L P | 96950F104 | 130,345 | 2,457,020 | SH | | OTR | 1 | 0 | 2,457,020 | 0 |
| Williams Partners L P | Com Unit L P | 96950F104 | 30,023 | 565,940 | SH | | SOLE | | 565,940 | 0 | 0 |
| Wisconsin Energy Corp | Com | 976657106 | 53,171 | 1,236,528 | SH | | OTR | 1 | 0 | 1,236,528 | 0 |
| Wisconsin Energy Corp | Com | 976657106 | 2,893 | 67,290 | SH | | SOLE | | 67,290 | 0 | 0 |
| Teekay LNG Partners L P | Prtnrsp Units | Y8564M105 | 123,930 | 2,845,042 | SH | | OTR | 1 | 0 | 2,845,042 | 0 |
| Teekay LNG Partners L P | Prtnrsp Units | Y8564M105 | 19,525 | 448,234 | SH | | SOLE | | 448,234 | 0 | 0 |
