Greenwich Investment Management 13F-HR Quarterly holdings report by institutional manager

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

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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
180 DEGREE CAPITAL CORP.	COM	68235B208	4,100	599,419	SH		SOLE		598,019	0	1,400
ABBVIE INC COM	COM	00287Y109	466	2,872	SH		SOLE		2,872	0	0
ALLIANCEBERNSTEIN HLDG LP	COM	01881G106	3,904	83,018	SH		SOLE		83,018	0	0
APPLE INC.	COM	037833100	2,998	17,168	SH		SOLE		17,168	0	0
ARES CAPITAL CORP	COM	04010L103	9,774	466,544	SH		SOLE		466,544	0	0
ARES COMMERCIAL REAL ESTATE CO	COM	04013V108	386	24,865	SH		SOLE		24,865	0	0
ARES MANAGEMENT CORPORATION	COM	03990b101	2,270	27,940	SH		SOLE		27,690	0	250
ARROWMARK FINANCIAL CORP.	COM	861780104	5,872	273,007	SH		SOLE		273,007	0	0
ASML HOLDINGS NV	COM	N07059210	312	467	SH		SOLE		467	0	0
BARINGS CORPORATE INVESTORS	COM	06759X107	1,299	85,295	SH		SOLE		85,295	0	0
BARINGS PARTICIPATION INVESTOR	COM	06761A103	4,899	365,850	SH		SOLE		365,850	0	0
CINCINNATI FINANCIAL CORP COM	COM	172062101	677	4,976	SH		SOLE		4,976	0	0
CITIZENS FINANCIAL GROUP, INC.	COM	174610105	3,497	77,147	SH		SOLE		76,747	0	400
CVR PARTNERS LP	COM	126633205	235	1,703	SH		SOLE		1,703	0	0
DORCHESTER MINERALS LP COM UNI	COM	25820R105	10,550	406,544	SH		SOLE		406,544	0	0
ENBRIDGE INC.	COM	29250N105	517	11,209	SH		SOLE		11,209	0	0
ENTERPRISE PRODS PARTNERS LP C	COM	293792107	5,085	197,005	SH		SOLE		197,005	0	0
EQUITABLE HOLDINGS, INC.	COM	29452E101	2,058	66,583	SH		SOLE		65,958	0	625
EXXON MOBIL CORP COM	COM	30231G102	4,428	53,611	SH		SOLE		53,611	0	0
FACEBOOK INC CLASS A	COM	30303M102	263	1,185	SH		SOLE		1,185	0	0
FIDELITY NATIONAL FINANCIAL	COM	31620R303	224	4,586	SH		SOLE		726	0	3,860
FIRST FINANCIAL NORTHWEST, INC	COM	32022K102	2,612	152,684	SH		SOLE		152,234	0	450
FIRST NORTHWEST BANCORP.	COM	335834107	407	18,432	SH		SOLE		18,432	0	0
FISERV INC COM	COM	337738108	234	2,303	SH		SOLE		2,303	0	0
FRANKLIN FINANCIAL SERVICES CO	COM	353525108	1,318	39,336	SH		SOLE		39,336	0	0
FS KKR CAPITAL CORPORATION	COM	302635206	3,516	154,089	SH		SOLE		153,964	0	125
GEO GROUP INC	COM	36162J106	146	22,154	SH		SOLE		22,154	0	0
GLOBAL PARTNERS LP	COM	37946R109	684	25,100	SH		SOLE		25,100	0	0
GOLDMAN SACHS BDC INC.	COM	38147U107	8,853	451,428	SH		SOLE		451,328	0	100
GREAT ELM GROUP INC COM	COM	39037G109	25	13,623	SH		SOLE		13,623	0	0
HERCULES CAPITAL, INC.	COM	427096508	536	29,645	SH		SOLE		29,645	0	0
HOMETRUST BANCSHARES, INC.	COM	437872104	464	15,700	SH		SOLE		15,700	0	0
HON HAI PRECISION INDUSTRIES C	COM	438090805	145	20,000	SH		SOLE		20,000	0	0
INVESCO MORTGAGE CAPITAL INC.	COM	46131B100	198	86,890	SH		SOLE		86,890	0	0
INVESTAR HOLDING CORPORATION	COM	46134l105	758	39,724	SH		SOLE		39,134	0	590
ISHARES NATL MUNI BOND ETF	COM	464288414	1,401	12,780	SH		SOLE		12,780	0	0
ISHARES SHORT TERM NATIONAL MU	COM	464288158	1,916	18,320	SH		SOLE		1,450	0	16,870
JOHNSON & JOHNSON	COM	478160104	256	1,445	SH		SOLE		1,445	0	0
JPMORGAN ULTRA-SHORT MUNICIPAL	COM	46641Q654	298	5,875	SH		SOLE		5,875	0	0
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	240	4,900	SH		SOLE		4,900	0	0
MAIN STREET CAPITAL CORP	COM	56035L104	248	5,824	SH		SOLE		5,749	0	75
MAINZ BIOMED BV	COM	N5436l101	215	14,724	SH		SOLE		14,724	0	0
NETWORK-1 TECHNOLOGIES, INC.	COM	64121N109	2,081	797,288	SH		SOLE		797,288	0	0
OAKTREE SPECIALTY LENDING CORP	COM	67401P108	18,291	2,481,760	SH		SOLE		2,464,335	0	17,425
PENNYMAC MTG INVT TR	COM	70931T103	9,220	545,905	SH		SOLE		543,155	0	2,750
PEOPLES BANCORP OF NORTH CAROL	COM	710577107	477	16,632	SH		SOLE		16,632	0	0
PFIZER INC COM	COM	717081103	305	5,900	SH		SOLE		5,900	0	0
PHENIXFIN CORPORATION COM	COM	71742W103	447	10,920	SH		SOLE		10,870	0	50
PIMCO ENHANCED SHORT MAT ACTIV	COM	72201R833	506	5,050	SH		SOLE		5,050	0	0
PNC FINL SVCS GROUP COM	COM	693475105	202	1,097	SH		SOLE		724	0	373
POSTAL REALTY TRUST, INC. CLAS	COM	73757R102	2,535	150,693	SH		SOLE		150,693	0	0
PROCTER & GAMBLE CO	COM	742718109	215	1,404	SH		SOLE		1,404	0	0
RUNWAY GROWTH FINANCE CORP.	COM	78163D100	875	64,405	SH		SOLE		64,405	0	0
SIXTH STREET SPECIALTY LENDING	COM	83012A109	12,101	519,578	SH		SOLE		517,478	0	2,100
SOUND FINANCIAL BANCORP ORD SH	COM	83607a100	785	20,592	SH		SOLE		20,592	0	0
SPDR NUVEEN BLOOMBERG BARCLAYS	COM	78468r739	298	6,300	SH		SOLE		0	0	6,300
T ROWE PRICE GROUP INC	COM	74144T108	8,197	54,214	SH		SOLE		54,089	0	125
THE CARLYLE GROUP INC.	COM	14316J108	259	5,292	SH		SOLE		1,867	0	3,425
TPG RE FINANCE TRUST	COM	87266M107	2,193	185,723	SH		SOLE		185,323	0	400
TRINITY CAPITAL INC.	COM	896442308	9,862	510,708	SH		SOLE		506,578	0	4,130
VAN ECK VECTORS HIGH YIELD MUN	COM	92189H409	215	3,750	SH		SOLE		3,750	0	0
VANECK VECTORS INV GRADE FLOAT	COM	92189F486	317	12,620	SH		SOLE		12,620	0	0
VANGUARD TAX-EXEMPT BOND INDEX	COM	922907746	2,247	43,590	SH		SOLE		11,590	0	32,000
VERSABANK	COM	92512J106	3,863	338,864	SH		SOLE		337,064	0	1,800
ZIONS BANCORPORATION N.A.	COM	989701107	2,643	40,320	SH		SOLE		40,095	0	225
SPDR DOW JONES IND UT SER 1 ET	MF	78467X109	329	950	SH		SOLE		950	0	0