Oxbow Advisors 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

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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
3M Company	COM	88579Y101	2,693	15,538	SH		SOLE		0	0	15,538
AT&T Inc	COM	00206R102	2,898	86,471	SH		SOLE		0	0	86,471
Abbott Laboratories	COM	002824100	635	7,556	SH		SOLE		0	0	7,556
Abbvie Inc	COM	00287Y109	8,025	110,359	SH		SOLE		2,715	0	107,644
Aberdeen Asia Pacific Income F	COM	003009107	6,878	1,645,490	SH		SOLE		0	0	1,645,490
Aberdeen Total Dynamic Dividen	COM	00326L100	437	52,375	SH		SOLE		4,335	0	48,040
Adobe Systems Inc	COM	00724F101	266	903	SH		SOLE		0	0	903
Advent Claymore Conv Secs & In	COM	00764C109	2,181	144,846	SH		SOLE		0	0	144,846
Agnico Eagle Mines Limited	COM	008474108	1,513	29,530	SH		SOLE		0	0	29,530
Alamos Gold Inc New Class A	COM	011532108	432	71,340	SH		SOLE		0	0	71,340
Allianzgi Conv & Income Fund	COM	018828103	132	23,450	SH		SOLE		0	0	23,450
Alphabet Inc Non Voting Cap St	COM	02079K107	7,963	7,367	SH		SOLE		509	0	6,858
Altria Group Inc	COM	02209S103	2,030	42,872	SH		SOLE		0	0	42,872
Amazon.Com Inc	COM	023135106	2,657	1,403	SH		SOLE		0	0	1,403
American Express Company	COM	025816109	338	2,740	SH		SOLE		0	0	2,740
Amgen Inc	COM	031162100	266	1,445	SH		SOLE		0	0	1,445
Analog Devices Inc	COM	032654105	2,927	25,935	SH		SOLE		1,415	0	24,520
Anglogold Ashanti Ltd (New) Sp	COM	035128206	206	11,560	SH		SOLE		0	0	11,560
Anheuser Busch Inbev SA/NV-Spo	COM	03524A108	3,475	39,266	SH		SOLE		2,100	0	37,166
Apple Inc	COM	037833100	12,318	62,238	SH		SOLE		3,580	0	58,658
Applied Materials Inc	COM	038222105	3,344	74,462	SH		SOLE		4,105	0	70,357
Atlantic Capital Bancshares In	COM	048269203	895	52,293	SH		SOLE		0	0	52,293
Atlantic Union Bankshares Corp	COM	04911A107	656	18,577	SH		SOLE		0	0	18,577
Automatic Data Processing Inc	COM	053015103	2,797	16,915	SH		SOLE		0	0	16,915
B2Gold Corp	COM	11777Q209	274	90,580	SH		SOLE		0	0	90,580
BP PLC Sponsored ADR (Frm BP A	COM	055622104	1,434	34,400	SH		SOLE		0	0	34,400
Baidu INC Sponsored ADR Repstg	COM	056752108	1,232	10,500	SH		SOLE		752	0	9,748
Banco Santander Cent Hispano S	COM	05964H105	557	121,675	SH		SOLE		0	0	121,675
Bank of America Corp	COM	060505104	4,800	165,505	SH		SOLE		9,380	0	156,125
Barrick Gold Corp	COM	067901108	2,597	164,678	SH		SOLE		0	0	164,678
Berkshire Hathaway Inc Del Cl	COM	084670702	516	2,419	SH		SOLE		0	0	2,419
Berkshire Hathaway Inc-Del Cl	COM	084670108	318	1	SH		SOLE		0	0	1
BlackRock Build America Bond T	COM	09248X100	1,175	49,538	SH		SOLE		0	0	49,538
BlackRock Credit Alloc Income	COM	092508100	712	54,876	SH		SOLE		0	0	54,876
BlackRock Inc	COM	09247X101	2,947	6,279	SH		SOLE		400	0	5,879
BlackRock Income Trust Inc	COM	09247F100	1,061	175,321	SH		SOLE		0	0	175,321
BlackRock Insured Municipal In	COM	092479104	150	10,900	SH		SOLE		0	0	10,900
BlackRock Limited Duration Inc	COM	09249W101	928	61,851	SH		SOLE		0	0	61,851
BlackRock Long Term Mun Adviso	COM	09250B103	420	33,287	SH		SOLE		0	0	33,287
BlackRock Muni Holdings Fund I	COM	09253P109	152	10,100	SH		SOLE		0	0	10,100
BlackRock Muni Inter Duration	COM	09253X102	206	14,630	SH		SOLE		0	0	14,630
BlackRock Muniyield Quality Fu	COM	09254G108	619	49,250	SH		SOLE		0	0	49,250
BlackRock Resources And Commod	COM	09257A108	891	108,955	SH		SOLE		5,685	0	103,270
Blackstone Group LP/XXX	COM	09253U108	948	21,335	SH		SOLE		0	0	21,335
Boeing Co	COM	097023105	441	1,211	SH		SOLE		0	0	1,211
Booking Holdings Inc	COM	09857L108	3,898	2,079	SH		SOLE		156	0	1,923
Brandywine Global Income Oppor	COM	10537L104	185	15,763	SH		SOLE		0	0	15,763
Bristol-Myers Squibb Co	COM	110122108	1,050	23,152	SH		SOLE		3,390	0	19,762
Broadcom Ltd	COM	11135F101	374	1,298	SH		SOLE		0	0	1,298
CBRE Clarion Global Real Estat	COM	12504g100	139	18,540	SH		SOLE		0	0	18,540
Calamos Conv & High Income Fd	COM	12811P108	223	20,251	SH		SOLE		0	0	20,251
Calamos Global Dynamic Income	COM	12811L107	341	42,155	SH		SOLE		4,350	0	37,805
Caterpillar Inc	COM	149123101	1,358	9,967	SH		SOLE		0	0	9,967
Centamin PLC Ord Flondon Share	COM	G2055Q105	167	115,000	SH		SOLE		0	0	115,000
Center Coast MLP & Infrastruct	COM	151461100	9,322	1,186,037	SH		SOLE		0	0	1,186,037
Charles Schwab Corp	COM	808513105	4,405	109,605	SH		SOLE		7,010	0	102,595
Charter Communications Inc	COM	16119P108	2,350	5,947	SH		SOLE		474	0	5,473
Chevron Corporation	COM	166764100	2,455	19,726	SH		SOLE		0	0	19,726
Cion Investment Corp Fund	COM	12799V101	99	11,483	SH		SOLE		0	0	11,483
Cisco Systems Inc	COM	17275R102	330	6,038	SH		SOLE		0	0	6,038
Citigroup Inc New	COM	172967424	4,717	67,356	SH		SOLE		4,170	0	63,186
Clearbridge Energy MLP Fund	COM	184692101	1,935	161,945	SH		SOLE		0	0	161,945
Clearbridge Energy MLP Total R	COM	18469Q108	20,527	2,188,374	SH		SOLE		3,935	0	2,184,439
Cleveland-Cliffs Inc New	COM	185899101	1,841	172,545	SH		SOLE		0	0	172,545
Clorox Company (Del)	COM	189054109	593	3,870	SH		SOLE		0	0	3,870
Cognizant Technology Solutions	COM	192446102	2,525	39,830	SH		SOLE		2,710	0	37,120
Cohen & Steers Infrastructure	COM	19248A109	1,758	67,756	SH		SOLE		0	0	67,756
Cohen & Steers REIT & Pfd	COM	19247X100	1,699	78,590	SH		SOLE		0	0	78,590
Cohen & Steers Total Return Re	COM	19247R103	512	36,367	SH		SOLE		0	0	36,367
Comcast Corp New Cl A	COM	20030N101	5,517	130,481	SH		SOLE		6,195	0	124,286
Compass Minerals Intl Inc	COM	20451N101	275	5,000	SH		SOLE		0	0	5,000
ConocoPhillips	COM	20825C104	900	14,753	SH		SOLE		0	0	14,753
Costco Wholesale Corp-New	COM	22160K105	316	1,195	SH		SOLE		0	0	1,195
Credit Suisse Nassau Brh Veloc	COM	22542D316	241	2,000	SH		SOLE		0	0	2,000
Crestwood Equity Partners LP	COM	226344208	476	13,306	SH		SOLE		0	0	13,306
Discovery Communications Inc C	COM	25470F104	2,715	88,430	SH		SOLE		0	0	88,430
Dollar Tree Inc	COM	256746108	3,781	35,210	SH		SOLE		2,720	0	32,490
Doubleline Opportunistic Cr Fd	COM	258623107	5,294	253,073	SH		SOLE		0	0	253,073
Dow Inc	COM	260557103	507	10,289	SH		SOLE		0	0	10,289
Dundee Precious Metals Inc	COM	265269209	220	59,000	SH		SOLE		0	0	59,000
Dupont De Nemours Inc	COM	26614N102	427	5,689	SH		SOLE		0	0	5,689
East West Bancorp Inc	COM	27579R104	1,809	38,676	SH		SOLE		5,630	0	33,046
Eaton Vance Municipal Bond Fd	COM	27827X101	2,993	240,796	SH		SOLE		0	0	240,796
Eaton Vance Senior Floating Ra	COM	27828Q105	217	16,580	SH		SOLE		0	0	16,580
Emerson Electric Co	COM	291011104	233	3,495	SH		SOLE		0	0	3,495
Enbridge Inc	COM	29250N105	826	22,895	SH		SOLE		0	0	22,895
Energy Transfer Equity LP	COM	29273V100	730	51,833	SH		SOLE		0	0	51,833
Enterprise Products Partners L	COM	293792107	25,270	875,313	SH		SOLE		10,565	0	864,748
Evolution Mining Ltd	COM	Q3647R147	184	60,000	SH		SOLE		0	0	60,000
Expedia Inc	COM	30212P303	3,219	24,195	SH		SOLE		1,725	0	22,470
Exxon Mobil Corp	COM	30231G102	11,365	148,315	SH		SOLE		0	0	148,315
Facebook Inc Class A	COM	30303M102	4,099	21,239	SH		SOLE		1,568	0	19,671
First Trust Biotech Index ETF	COM	33733E203	1,658	11,770	SH		SOLE		0	0	11,770
First Trust III ETF Preferred	COM	33739E108	2,181	112,498	SH		SOLE		2,300	0	110,198
First Trust/Aberdeen Global Op	COM	337319107	1,493	143,603	SH		SOLE		0	0	143,603
Flaherty & Crumrine / Claymore	COM	338478100	3,401	170,623	SH		SOLE		0	0	170,623
Flaherty & Crumrine Dynamic Pf	COM	33848W106	8,141	325,243	SH		SOLE		0	0	325,243
Foot Locker Inc	COM	344849104	331	7,904	SH		SOLE		0	0	7,904
Gabelli Healthcare & Wellness	COM	36246K103	893	84,770	SH		SOLE		4,640	0	80,130
Gamco Glbl Gold Natural Resour	COM	36465A109	10,100	2,205,258	SH		SOLE		0	0	2,205,258
Gamco Natural Resources Gold &	COM	36465E101	8,676	1,490,657	SH		SOLE		0	0	1,490,657
Generac Holdings Inc	COM	368736104	276	3,975	SH		SOLE		0	0	3,975
General Mills Inc	COM	370334104	552	10,510	SH		SOLE		0	0	10,510
Global X Fund ETF MLP	COM	37950E473	547	62,024	SH		SOLE		0	0	62,024
Global X Super Dividend 100 ET	COM	37950E549	1,250	72,655	SH		SOLE		0	0	72,655
Gold Fields Ltd New Adr Rand	COM	38059T106	209	38,675	SH		SOLE		0	0	38,675
Guggenheim Taxable Muni Manage	COM	401664107	238	9,900	SH		SOLE		0	0	9,900
Gulfport Energy Corp Com	COM	402635304	74	15,000	SH		SOLE		0	0	15,000
HCA Holdings Inc	COM	40412C101	1,748	12,933	SH		SOLE		0	0	12,933
Halliburton Co	COM	406216101	228	10,012	SH		SOLE		0	0	10,012
Hanesbrands Inc	COM	410345102	2,718	157,848	SH		SOLE		0	0	157,848
Harley Davidson	COM	412822108	462	12,885	SH		SOLE		0	0	12,885
Home Depot Inc	COM	437076102	214	1,030	SH		SOLE		0	0	1,030
Honeywell International Inc	COM	438516106	2,786	15,956	SH		SOLE		0	0	15,956
ING Groep Nv- Spons ADR	COM	456837103	1,096	94,739	SH		SOLE		4,465	0	90,274
IShares Dow Jones Select Div I	COM	464287168	5,288	53,111	SH		SOLE		0	0	53,111
Intel Corp	COM	458140100	1,805	37,702	SH		SOLE		0	0	37,702
International Business Machine	COM	459200101	348	2,523	SH		SOLE		0	0	2,523
Invesco Bulletshares 2019 Hi Y	COM	46138J403	528	22,045	SH		SOLE		0	0	22,045
Invesco Bulletshares 2021 Hi Y	COM	46138J700	215	10,135	SH		SOLE		0	0	10,135
Invesco II Income Composite CE	COM	46138E404	1,420	62,735	SH		SOLE		0	0	62,735
Invesco QQQ Tr ETF Unit Ser 1	COM	46090E103	1,406	7,530	SH		SOLE		0	0	7,530
Invesco S&P 500 Eqwt ETF	COM	46137V357	9,301	86,278	SH		SOLE		0	0	86,278
Invesco TR II ETF Pfd	COM	46138E511	730	49,883	SH		SOLE		0	0	49,883
Invesco Van Kampen Sr Income T	COM	46131H107	206	47,608	SH		SOLE		0	0	47,608
Iron Mountain Inc	COM	46284V101	2,075	66,305	SH		SOLE		0	0	66,305
JPMorgan Chase & Co	COM	46625H100	2,903	25,966	SH		SOLE		0	0	25,966
JPMorgan ETF Ultra-Short Incom	COM	46641Q837	6,022	119,501	SH		SOLE		24,955	0	94,546
John Hancock Preferred Income	COM	41013W108	240	10,370	SH		SOLE		0	0	10,370
Johnson & Johnson	COM	478160104	4,546	32,636	SH		SOLE		0	0	32,636
KKR & Co Inc	COM	48251W104	3,329	131,741	SH		SOLE		4,645	0	127,096
Kimberly Clark Corp	COM	494368103	914	6,861	SH		SOLE		0	0	6,861
Kinder Morgan Inc Del	COM	49456B101	5,901	282,607	SH		SOLE		0	0	282,607
Las Vegas Sands Corp	COM	517834107	3,735	63,202	SH		SOLE		2,655	0	60,547
Leggett & Platt Inc	COM	524660107	1,279	33,328	SH		SOLE		0	0	33,328
Liberty All Star Equity Fund	COM	530158104	436	67,965	SH		SOLE		6,705	0	61,260
Linn CO Llc Escrow Com Shs Rps	COM	535ESC107	0	12,425	SH		SOLE		0	0	12,425
Lions Gate Entertainment Corp	COM	535919401	727	59,360	SH		SOLE		0	0	59,360
Lyondellbasell Industries Af S	COM	N53745100	6,984	81,086	SH		SOLE		1,890	0	79,196
MFS Multimarket Income Trust S	COM	552737108	76	12,958	SH		SOLE		0	0	12,958
MGIC Investment Corp-Wisc	COM	552848103	591	45,000	SH		SOLE		0	0	45,000
Madison Square Garden	COM	55825T103	1,472	5,259	SH		SOLE		0	0	5,259
Magellan Midstream Partners LP	COM	559080106	862	13,470	SH		SOLE		0	0	13,470
McDonalds Corp	COM	580135101	702	3,381	SH		SOLE		0	0	3,381
Medical Properties Trust Inc	COM	58463J304	7,387	423,555	SH		SOLE		0	0	423,555
Medtronic PLC	COM	G5960L103	1,606	16,492	SH		SOLE		0	0	16,492
Merck & Co Inc New	COM	58933Y105	506	6,029	SH		SOLE		0	0	6,029
Microsoft Corp	COM	594918104	14,336	107,017	SH		SOLE		5,587	0	101,430
Molson Coors Brewing Co Cl B	COM	60871R209	1,284	22,923	SH		SOLE		0	0	22,923
Moodys Corp	COM	615369105	4,821	24,685	SH		SOLE		1,300	0	23,385
Morgan Stanley & Co	COM	617446448	2,459	56,136	SH		SOLE		4,015	0	52,121
Morgan Stanley Emerging Mkts D	COM	617477104	116	16,822	SH		SOLE		0	0	16,822
Nestle SA Spons ADR Repstg Reg	COM	641069406	8,723	84,364	SH		SOLE		5,605	0	78,759
Neuberger Berman Re Es Com	COM	64190A103	121	23,495	SH		SOLE		0	0	23,495
New Gold Inc	COM	644535106	30	31,300	SH		SOLE		0	0	31,300
Newmont Goldcorp Corp	COM	651639106	3,460	89,947	SH		SOLE		0	0	89,947
Northern Star Resources Ltd	COM	Q6951U101	155	19,000	SH		SOLE		0	0	19,000
Nustar Energy LP	COM	67058H102	264	9,733	SH		SOLE		0	0	9,733
Nuveen Amt Free Quality Muni I	COM	670657105	15,568	1,127,334	SH		SOLE		0	0	1,127,334
Nuveen Dow 30 Dynamic Overwrit	COM	67075F105	6,427	364,950	SH		SOLE		0	0	364,950
Nuveen Enhanced AMT L&N Muni C	COM	67071L106	10,599	667,833	SH		SOLE		0	0	667,833
Nuveen Enhanced Muni Credit Op	COM	67070X101	13,019	826,618	SH		SOLE		0	0	826,618
Nuveen Multi-Strategy Income A	COM	67073D102	822	103,803	SH		SOLE		0	0	103,803
Nuveen Multi-Strategy Income A	COM	67073B106	6,288	634,534	SH		SOLE		0	0	634,534
Nuveen NC Prem Income Muni Fd	COM	67060P100	375	28,160	SH		SOLE		0	0	28,160
Nuveen Quality Advantage Muni	COM	67066V101	17,674	1,262,397	SH		SOLE		0	0	1,262,397
Nuveen Quality Pfd Income Fd 2	COM	67072C105	910	95,811	SH		SOLE		0	0	95,811
Nuveen Real Estate Income Fd	COM	67071B108	808	76,935	SH		SOLE		0	0	76,935
Nuveen Taxable Municipal Incom	COM	67074C103	692	32,566	SH		SOLE		0	0	32,566
Nuveen VA Premium Income Muni	COM	67064R102	135	10,325	SH		SOLE		0	0	10,325
Oceanagold Corp	COM	675222103	172	63,000	SH		SOLE		0	0	63,000
Oracle Corp	COM	68389X105	2,977	52,250	SH		SOLE		0	0	52,250
PGIM Global Short Duration Hig	COM	69346J106	317	21,965	SH		SOLE		0	0	21,965
PVH Corp	COM	693656100	952	10,061	SH		SOLE		1,500	0	8,561
Paleo Resources Inc	COM	696275106	8	225,000	SH		SOLE		0	0	225,000
Pan Amern Silver Corp	COM	697900108	932	72,215	SH		SOLE		0	0	72,215
Parker-Hannifin Corp	COM	701094104	969	5,700	SH		SOLE		0	0	5,700
Pembina Pipeline Corp	COM	706327103	1,484	39,880	SH		SOLE		1,055	0	38,825
Pennantpark Investment Corp	COM	708062104	176	27,900	SH		SOLE		0	0	27,900
Pepsico Incorporated	COM	713448108	1,410	10,749	SH		SOLE		0	0	10,749
Perseus Mining Ltd	COM	Q74174105	252	615,000	SH		SOLE		0	0	615,000
Peyto Exploration & Developmen	COM	717046106	32	10,712	SH		SOLE		0	0	10,712
Pfizer Incorporated	COM	717081103	5,199	120,011	SH		SOLE		5,585	0	114,426
Pinnacle Financial Partners In	COM	72346Q104	1,518	26,407	SH		SOLE		0	0	26,407
Plains All American Pipeline L	COM	726503105	6,068	249,200	SH		SOLE		0	0	249,200
Plains GP Holdings LP	COM	72651A207	7,006	280,562	SH		SOLE		1,645	0	278,917
Popular Inc	COM	733174700	865	15,940	SH		SOLE		695	0	15,245
Procter & Gamble Co	COM	742718109	1,362	12,420	SH		SOLE		0	0	12,420
Proshares Tr ETF Short S&P 500	COM	74347B425	324	12,160	SH		SOLE		0	0	12,160
Ramelius Resources Ltd	COM	Q7982E108	176	345,000	SH		SOLE		0	0	345,000
Regis Resources NL	COM	Q8059N120	83	22,500	SH		SOLE		0	0	22,500
Republic Services Inc	COM	760759100	575	6,635	SH		SOLE		0	0	6,635
Resolute Mining Ltd	COM	Q81068100	253	270,000	SH		SOLE		0	0	270,000
Roche Hldgs Ltd Spons ADR	COM	771195104	2,300	65,526	SH		SOLE		7,185	0	58,341
Royal Dutch Shell PLC Sponsore	COM	780259206	4,549	69,904	SH		SOLE		4,590	0	65,314
Royal Gold Inc	COM	780287108	1,090	10,640	SH		SOLE		0	0	10,640
SPDR Bloomberg Barclays 1-3 Mn	COM	78468R663	435	4,749	SH		SOLE		0	0	4,749
SPDR Gold Tr ETF	COM	78463V107	1,339	10,051	SH		SOLE		0	0	10,051
SPDR S&P 500 ETF Tr Unit Ser I	COM	78462F103	1,138	3,885	SH		SOLE		0	0	3,885
SPDR Ser Tr ETF Bloomberg Barc	COM	78468R622	247	2,269	SH		SOLE		0	0	2,269
SSR Mng Inc	COM	784730103	482	35,230	SH		SOLE		0	0	35,230
Sabine Royalty Tr Unit Benefic	COM	785688102	258	5,375	SH		SOLE		0	0	5,375
Sanofi Aventis Sponsored ADR	COM	80105N105	1,570	36,294	SH		SOLE		5,105	0	31,189
Saracen Mineral Holdings Ltd	COM	Q8309T109	181	70,000	SH		SOLE		0	0	70,000
Schlumberger Ltd	COM	806857108	9,921	249,649	SH		SOLE		5,890	0	243,759
Semafo Inc Com	COM	816922108	339	86,000	SH		SOLE		0	0	86,000
Simon Property Group Inc	COM	828806109	4,116	25,763	SH		SOLE		0	0	25,763
Southwest Airlines Co	COM	844741108	2,162	42,578	SH		SOLE		3,270	0	39,308
Southwestern Energy Co	COM	845467109	112	35,400	SH		SOLE		0	0	35,400
Sprott Physical Gold Trust	COM	85207H104	448	39,500	SH		SOLE		0	0	39,500
Sprott Physical Silver Trust	COM	85207K107	161	28,200	SH		SOLE		0	0	28,200
State Street Corp	COM	857477103	2,776	49,526	SH		SOLE		2,770	0	46,756
Stonecastle Financial Corp	COM	861780104	6,201	284,392	SH		SOLE		2,300	0	282,092
Sysco Corp	COM	871829107	679	9,600	SH		SOLE		0	0	9,600
TC Energy Corp	COM	87807B107	1,089	21,988	SH		SOLE		1,140	0	20,848
TC Pipelines LP Unit Com Ltd P	COM	87233Q108	474	12,600	SH		SOLE		0	0	12,600
Tallgrass Energy LP	COM	874696107	36,271	1,718,180	SH		SOLE		2,855	0	1,715,325
Te Connectivity Ltd	COM	H84989104	5,209	54,386	SH		SOLE		3,215	0	51,171
Tekla Healthcare Investors	COM	87911J103	765	38,080	SH		SOLE		2,230	0	35,850
Templeton Global Income Fund	COM	880198106	214	33,603	SH		SOLE		0	0	33,603
Tencent Holdings Ltd Unsp ADR	COM	88032Q109	3,381	74,707	SH		SOLE		6,305	0	68,402
Texas Capital Bancshares	COM	88224Q107	859	14,000	SH		SOLE		0	0	14,000
The India Fund Inc	COM	454089103	280	13,155	SH		SOLE		1,480	0	11,675
Tortoise MLP Fd Inc	COM	89148B101	16,293	1,207,748	SH		SOLE		0	0	1,207,748
Trimtabs ETF Tr All Cap Intl F	COM	89628W401	726	27,532	SH		SOLE		0	0	27,532
Trimtabs Tr ETF All Cap US Fre	COM	89628W302	1,666	44,776	SH		SOLE		0	0	44,776
Tristate Capital Holdings Inc	COM	89678F100	420	19,688	SH		SOLE		0	0	19,688
UBS Group AG	COM	H42097107	1,065	89,905	SH		SOLE		3,455	0	86,450
Unilever N V New York Shs New	COM	904784709	1,000	16,472	SH		SOLE		0	0	16,472
Unilever PLC Sponsored ADR New	COM	904767704	733	11,835	SH		SOLE		0	0	11,835
United Technologies Corp	COM	913017109	1,293	9,931	SH		SOLE		0	0	9,931
Unitedhealth Group Inc	COM	91324P102	234	958	SH		SOLE		0	0	958
Valero Energy Corp New	COM	91913Y100	206	2,405	SH		SOLE		0	0	2,405
Vaneck Vectors ETF Tr Gold Min	COM	92189F106	569	22,249	SH		SOLE		0	0	22,249
Vanguard Index Fund Vanguard S	COM	922908751	854	5,450	SH		SOLE		0	0	5,450
Vanguard Index Funds Vanguard	COM	922908629	635	3,800	SH		SOLE		0	0	3,800
Vanguard Intermediate ETF Term	COM	92206C870	698	7,766	SH		SOLE		0	0	7,766
Vanguard Muni Bd Fds ETF Tax E	COM	922907746	678	12,780	SH		SOLE		0	0	12,780
Vanguard REIT ETF	COM	922908553	478	5,468	SH		SOLE		0	0	5,468
Vanguard Total Stock Fund	COM	922908769	1,180	7,860	SH		SOLE		0	0	7,860
Vanguard World Fd Mega Cap 300	COM	921910816	673	5,200	SH		SOLE		0	0	5,200
Ventas Inc	COM	92276F100	2,458	35,959	SH		SOLE		0	0	35,959
Verizon Communications	COM	92343V104	1,620	28,364	SH		SOLE		0	0	28,364
Visa Inc Cl A	COM	92826C839	3,014	17,369	SH		SOLE		0	0	17,369
Vodafone Group PLC New Sponsor	COM	92857W308	241	14,735	SH		SOLE		0	0	14,735
Voya Emerging Markets High Div	COM	92912P108	875	112,761	SH		SOLE		5,585	0	107,176
W W Grainger Inc	COM	384802104	805	3,000	SH		SOLE		0	0	3,000
Wal-Mart DE Mexico Lj9 Sab DE	COM	P98180188	41	14,861	SH		SOLE		0	0	14,861
Wal-Mart Stores Inc	COM	931142103	334	3,020	SH		SOLE		0	0	3,020
Walt Disney Company	COM	254687106	3,045	21,805	SH		SOLE		575	0	21,230
Waste Management Inc Del	COM	94106L109	1,061	9,198	SH		SOLE		0	0	9,198
Weatherford International PLC	COM	G48833100	2	48,000	SH		SOLE		0	0	48,000
Wells Fargo & Co New	COM	949746101	1,767	37,332	SH		SOLE		255	0	37,077
Western Asset High Income Oppo	COM	95766K109	51	10,000	SH		SOLE		0	0	10,000
Western Union Co	COM	959802109	3,032	152,438	SH		SOLE		0	0	152,438
Westpac Banking Ltd Spons ADR	COM	961214301	1,002	50,272	SH		SOLE		3,110	0	47,162
Wheaton Precious Metals Corp	COM	962879102	390	16,136	SH		SOLE		0	0	16,136
Williams Companies Inc	COM	969457100	5,383	191,977	SH		SOLE		0	0	191,977
Williams Sonoma Inc	COM	969904101	2,432	37,418	SH		SOLE		0	0	37,418
Wyndham Hotels & Resorts Inc	COM	98311A105	1,613	28,935	SH		SOLE		3,370	0	25,565
Yum Brands Inc	COM	988498101	268	2,426	SH		SOLE		0	0	2,426
Zoetis Inc Cl A	COM	98978V103	373	3,290	SH		SOLE		0	0	3,290
eBay Inc	COM	278642103	3,682	93,215	SH		SOLE		6,575	0	86,640
iShares ETF Russell 1000 Growt	COM	464287614	231	1,465	SH		SOLE		0	0	1,465
iShares ETF Russell Midcap Gro	COM	464287481	282	1,980	SH		SOLE		0	0	1,980
iShares Silver Tr	COM	46428Q109	173	12,070	SH		SOLE		0	0	12,070
iShares Trust Barclays 20 Year	COM	464287432	105,987	798,033	SH		SOLE		0	0	798,033
AGNC Investment Corp Pfd 7 Fi	PFD	00123Q500	2,040	78,450	SH		SOLE		0	0	78,450
Allstate 6.625 Pfd Ser E QDI	PFD	020002879	2,840	111,885	SH		SOLE		0	0	111,885
Annaly Cap Mgmt 6.95 Pfd Fix/	PFD	035710870	1,200	47,250	SH		SOLE		0	0	47,250
Aspen Ins Ltd Fxd/Fltg Perp Pf	PFD	G05384154	693	26,732	SH		SOLE		0	0	26,732
BB&T Corp Non-Cum Perp Pfd D 5	PFD	054937206	4,303	170,064	SH		SOLE		1,795	0	168,269
BB&T Corp Non-Cum Perp Pfd G 5	PFD	054937800	227	9,147	SH		SOLE		0	0	9,147
Banc of Cal. Non-Cum Perp Pfd	PFD	05990K874	2,186	82,790	SH		SOLE		0	0	82,790
Bank of America Series L Pfd 7	PFD	060505682	9,508	6,930	SH		SOLE		35	0	6,895
Cowen Inc Senior Note Pfd 7.35	PFD	223622705	684	26,775	SH		SOLE		0	0	26,775
Crestwood Equity Partners Perp	PFD	226344307	884	95,000	SH		SOLE		0	0	95,000
Flaherty & Crumrine Pfd Income	PFD	33848E106	133	11,355	SH		SOLE		0	0	11,355
GMAC Capital Trust I Var Ser 2	PFD	361860208	1,341	51,310	SH		SOLE		1,665	0	49,645
Gabelli Dvd & Inc Tr Perp Ser	PFD	36242H880	381	15,000	SH		SOLE		0	0	15,000
Gaslog Partners Fix/Flt Pfd A	PFD	Y2687W116	1,795	73,495	SH		SOLE		0	0	73,495
Gold Sachs Flt Non-Cum Perp Pf	PFD	38143Y665	1,255	65,285	SH		SOLE		0	0	65,285
Gold Sachs Flt Non-Cum Perp Pf	PFD	38144X609	299	14,775	SH		SOLE		0	0	14,775
Gold Sachs Flt Non-Cum Perp Pf	PFD	38144G804	4,714	234,895	SH		SOLE		2,025	0	232,870
JPMorgan Chase Non-Cum Perp Pf	PFD	46637G124	226	8,710	SH		SOLE		0	0	8,710
Keycorp Perp Pfd 5.65 non Cum	PFD	493267876	3,894	152,990	SH		SOLE		0	0	152,990
Merchants Bancorp Fx/Flt A Per	PFD	58844R405	2,679	99,550	SH		SOLE		0	0	99,550
Morgan Stan Fix/Flt Non-Cum Pe	PFD	61763E207	5,402	196,856	SH		SOLE		1,605	0	195,251
New York Banc Fix/Flt Perp Pfd	PFD	649445202	327	12,780	SH		SOLE		0	0	12,780
Nustar Logistics L.P. Due 2043	PFD	67059T204	2,064	82,430	SH		SOLE		0	0	82,430
Regions Fin. A Non-Cum Perp Pf	PFD	7591EP308	5,580	219,863	SH		SOLE		1,795	0	218,068
Regions Fin. B Fx/Flt Perp Pfd	PFD	7591EP506	321	11,725	SH		SOLE		0	0	11,725
Renaissancere Pfd F 5.75 QDI	PFD	75968N309	1,450	56,045	SH		SOLE		0	0	56,045
Synovus Finl Crp Fix/Flt PerpP	PFD	87161C600	1,036	40,207	SH		SOLE		0	0	40,207
TX Cap Bancshs 6.5 Non-Cum Pe	PFD	882228406	1,453	55,700	SH		SOLE		0	0	55,700
TX Cap Bancshs 6.5 Pfd Note D	PFD	882228307	650	24,600	SH		SOLE		0	0	24,600
Tristate Cap. Fix/Flt Pfd A Pe	PFD	89678F209	2,426	91,200	SH		SOLE		0	0	91,200
Valley Natl Bancrp Perp Ser B,	PFD	919794305	942	36,725	SH		SOLE		0	0	36,725
Wells Fargo & CO 7.5 Perp Con	PFD	949746804	6,064	4,445	SH		SOLE		0	0	4,445
Hycroft Mng Corp Wts Exp 10/22	WT	448629113	1	10,084	SH		SOLE		0	0	10,084
Redwood Trust Inc	CONV	758075AD7	7,299	7,340,000	PRN		SOLE		0	0	7,340,000
Blackstone / Gso Senior Floati	FDSTX	09256U105	1,076	63,752	SH		SOLE		0	0	63,752
Eaton Vance Senior Floating Ra	FDSTX	27828Q105	933	71,300	SH		SOLE		0	0	71,300
Invesco Bulletshares 2019 Hi Y	FDSTX	46138J403	628	26,223	SH		SOLE		0	0	26,223
Invesco Bulletshares 2020 Hi Y	FDSTX	46138J601	643	26,699	SH		SOLE		0	0	26,699
Invesco Bulletshares 2021 Hi Y	FDSTX	46138J809	304	12,313	SH		SOLE		0	0	12,313
Invesco Bulletshares 2022 Hi Y	FDSTX	46138J874	986	40,225	SH		SOLE		0	0	40,225
Invesco S&P High Income Infras	FDSTX	46138E255	390	14,615	SH		SOLE		0	0	14,615
Nuveen Preferred Securities In	FDSTX	67072C105	2,736	288,016	SH		SOLE		0	0	288,016