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	2,600	16,668	SH		SOLE		0	0	16,668
AT&T Inc	COM	00206R102	2,145	70,945	SH		SOLE		0	0	70,945
Abbott Laboratories	COM	002824100	581	6,356	SH		SOLE		0	0	6,356
Abbvie Inc	COM	00287Y109	940	9,570	SH		SOLE		0	0	9,570
Aberdeen Asia Pacific Income F	COM	003009107	2,202	577,841	SH		SOLE		0	0	577,841
Aberdeen Total Dynamic Dividen	COM	00326L100	395	51,260	SH		SOLE		2,515	0	48,745
Accenture PLC Ireland Shs Cl A	COM	G1151C101	8,678	40,416	SH		SOLE		2,041	0	38,375
Adidas Ag Sponsored ADR	COM	00687A107	1,174	8,913	SH		SOLE		0	0	8,913
Adobe Systems Inc	COM	00724F101	7,060	16,219	SH		SOLE		393	0	15,826
Advent Claymore Convertible &	COM	00764C109	220	16,857	SH		SOLE		0	0	16,857
Agnico Eagle Mines Limited	COM	008474108	1,755	27,402	SH		SOLE		0	0	27,402
Alamos Gold Inc New Class A	COM	011532108	548	58,474	SH		SOLE		0	0	58,474
Alibaba Grp Holding ADR Ltd Sp	COM	01609W102	7,940	36,810	SH		SOLE		2,290	0	34,520
Allianzgi Conv & Income Fund	COM	018828103	103	23,586	SH		SOLE		0	0	23,586
Alphabet Inc Non Voting Cap St	COM	02079K107	11,763	8,321	SH		SOLE		469	0	7,852
Alphabet Inc Voting Cap Stk Cl	COM	02079K305	372	262	SH		SOLE		0	0	262
Altria Group Inc	COM	02209S103	2,497	63,606	SH		SOLE		0	0	63,606
Amazon.Com Inc	COM	023135106	12,166	4,410	SH		SOLE		222	0	4,188
American Express Company	COM	025816109	261	2,740	SH		SOLE		0	0	2,740
Amgen Inc	COM	031162100	333	1,410	SH		SOLE		0	0	1,410
Analog Devices Inc	COM	032654105	368	3,000	SH		SOLE		0	0	3,000
Apple Inc	COM	037833100	19,399	53,177	SH		SOLE		2,310	0	50,867
Argonaut Gold Inc New	COM	04016A101	123	65,000	SH		SOLE		0	0	65,000
Arthur J Gallagher & Co	COM	363576109	1,573	16,140	SH		SOLE		0	0	16,140
Atlantic Capital Bancshares In	COM	048269203	636	52,293	SH		SOLE		0	0	52,293
Atlantic Union Bankshares Corp	COM	04911A107	430	18,577	SH		SOLE		0	0	18,577
Automatic Data Processing Inc	COM	053015103	1,498	10,061	SH		SOLE		0	0	10,061
B2Gold Corp	COM	11777Q209	515	90,580	SH		SOLE		0	0	90,580
Banco Santander Cent Hispano S	COM	05964H105	293	121,500	SH		SOLE		0	0	121,500
Bank Ozk	COM	06417N103	1,390	59,245	SH		SOLE		0	0	59,245
Bank of America Corp	COM	060505104	375	15,777	SH		SOLE		0	0	15,777
Barrick Gold Corp	COM	067901108	3,941	146,277	SH		SOLE		0	0	146,277
Becton Dickinson & Co	COM	075887109	5,614	23,464	SH		SOLE		1,146	0	22,318
Berkshire Hathaway Inc Del Cl	COM	084670702	401	2,249	SH		SOLE		0	0	2,249
Berkshire Hathaway Inc-Del Cl	COM	084670108	267	1	SH		SOLE		0	0	1
BlackRock Credit Alloc Income	COM	092508100	497	37,666	SH		SOLE		0	0	37,666
BlackRock Insured Municipal In	COM	092479104	149	10,900	SH		SOLE		0	0	10,900
BlackRock Limited Duration Inc	COM	09249W101	441	31,645	SH		SOLE		0	0	31,645
BlackRock Long Term Mun Adviso	COM	09250B103	356	30,022	SH		SOLE		0	0	30,022
BlackRock Muni Holdings Fund I	COM	09253P109	145	10,100	SH		SOLE		0	0	10,100
BlackRock Muni Inter Duration	COM	09253X102	202	14,630	SH		SOLE		0	0	14,630
BlackRock Muniyield Quality Fu	COM	09254G108	190	14,875	SH		SOLE		0	0	14,875
Blackstone Goup Inc Cl A	COM	09260D107	1,209	21,335	SH		SOLE		0	0	21,335
Boeing Co	COM	097023105	214	1,170	SH		SOLE		0	0	1,170
Booking Holdings Inc	COM	09857L108	5,207	3,270	SH		SOLE		235	0	3,035
Brigham Minerals Inc	COM	10918L103	15,191	1,230,070	SH		SOLE		2,725	0	1,227,345
Broadcom Ltd	COM	11135F101	398	1,260	SH		SOLE		0	0	1,260
Broadridge Financial Solutions	COM	11133T103	2,121	16,810	SH		SOLE		295	0	16,515
Cadence Bancorp Cl A	COM	12739A100	1,795	202,545	SH		SOLE		0	0	202,545
Calamos Conv & High Income Fd	COM	12811P108	235	20,697	SH		SOLE		0	0	20,697
Caterpillar Inc	COM	149123101	1,066	8,427	SH		SOLE		0	0	8,427
Centamin PLC Ord Flondon Share	COM	G2055Q105	261	115,000	SH		SOLE		0	0	115,000
Center Coast MLP CHG & Infrast	COM	151461100	67	72,188	SH		SOLE		0	0	72,188
Charter Communications Inc	COM	16119P108	3,572	7,003	SH		SOLE		476	0	6,527
Cheesecake Factory Inc	COM	163072101	342	14,911	SH		SOLE		0	0	14,911
Chevron Corporation	COM	166764100	1,531	17,153	SH		SOLE		0	0	17,153
Cisco Systems Inc	COM	17275R102	217	4,663	SH		SOLE		0	0	4,663
Clearbridge Energy MLP CHG	COM	18469Q108	1,830	675,321	SH		SOLE		0	0	675,321
Clearbridge Energy MLP Fund CH	COM	184692101	179	56,191	SH		SOLE		0	0	56,191
Cleveland-Cliffs Inc New	COM	185899101	1,756	318,065	SH		SOLE		0	0	318,065
Clorox Company (Del)	COM	189054109	863	3,934	SH		SOLE		0	0	3,934
Cohen & Steers Infrastructure	COM	19248A109	1,644	74,551	SH		SOLE		0	0	74,551
Comcast Corp New Cl A	COM	20030N101	4,777	122,558	SH		SOLE		6,142	0	116,416
ConocoPhillips	COM	20825C104	494	11,759	SH		SOLE		0	0	11,759
Costco Wholesale Corp-New	COM	22160K105	447	1,475	SH		SOLE		0	0	1,475
Crestwood Equity Partners LP	COM	226344208	155	11,850	SH		SOLE		0	0	11,850
Discovery Communications Inc C	COM	25470F104	1,745	82,690	SH		SOLE		0	0	82,690
Distillate US Fundamental Stab	COM	26922A321	3,398	111,969	SH		SOLE		0	0	111,969
Dow Inc	COM	260557103	414	10,164	SH		SOLE		0	0	10,164
Dundee Precious Metals Inc	COM	265269209	390	59,000	SH		SOLE		0	0	59,000
Dupont De Nemours Inc	COM	26614N102	296	5,564	SH		SOLE		0	0	5,564
Eaton Vance Senior Floating Ra	COM	27828Q105	188	16,580	SH		SOLE		0	0	16,580
Energy Transfer LP	COM	29273V100	286	40,223	SH		SOLE		0	0	40,223
Enterprise Products Partners L	COM	293792107	22,451	1,235,597	SH		SOLE		1,485	0	1,234,112
Evolution Mining Ltd	COM	Q3647R147	391	100,000	SH		SOLE		0	0	100,000
Exxon Mobil Corp	COM	30231G102	7,824	174,964	SH		SOLE		0	0	174,964
Facebook Inc Class A	COM	30303M102	8,061	35,501	SH		SOLE		2,145	0	33,356
First Trust Biotech Index ETF	COM	33733E203	1,719	10,245	SH		SOLE		0	0	10,245
First Trust III ETF Preferred	COM	33739E108	1,894	102,824	SH		SOLE		2,300	0	100,524
First Trust Low Duration Opp E	COM	33739Q200	696	13,477	SH		SOLE		7,685	0	5,792
First Trust/Aberdeen Global Op	COM	337319107	444	44,800	SH		SOLE		0	0	44,800
Flaherty & Crumrine / Claymore	COM	338478100	456	22,651	SH		SOLE		0	0	22,651
Flaherty & Crumrine Dynamic Pf	COM	33848W106	4,261	175,126	SH		SOLE		0	0	175,126
Gabelli Healthcare & Wellness	COM	36246K103	464	46,260	SH		SOLE		2,605	0	43,655
Gamco Glbl Gold Natural Resour	COM	36465A109	14,273	4,149,116	SH		SOLE		0	0	4,149,116
Gamco Natural Resources Gold &	COM	36465E101	4,353	905,016	SH		SOLE		0	0	905,016
General Mills Inc	COM	370334104	525	8,510	SH		SOLE		0	0	8,510
Global X Super Dividend 100 ET	COM	37950E549	2,110	191,500	SH		SOLE		0	0	191,500
Gold Fields Ltd New Adr Rand	COM	38059T106	364	38,675	SH		SOLE		0	0	38,675
Hanesbrands Inc	COM	410345102	2,045	181,127	SH		SOLE		0	0	181,127
Harley Davidson	COM	412822108	591	24,860	SH		SOLE		0	0	24,860
Hartford Financial Services Gr	COM	416515104	1,226	31,800	SH		SOLE		0	0	31,800
Healthcare Tr Amer INC Class A	COM	42225P501	7,160	269,984	SH		SOLE		855	0	269,129
Heineken NV	COM	423012301	538	11,662	SH		SOLE		0	0	11,662
Home Depot Inc	COM	437076102	439	1,753	SH		SOLE		0	0	1,753
Honeywell International Inc	COM	438516106	788	5,448	SH		SOLE		105	0	5,343
IShares Dow Jones Select Div I	COM	464287168	5,359	66,384	SH		SOLE		0	0	66,384
Industria de Diseno SA ADR	COM	455793109	1,125	84,944	SH		SOLE		1,850	0	83,094
Intel Corp	COM	458140100	2,074	34,664	SH		SOLE		455	0	34,209
International Business Machine	COM	459200101	1,960	16,232	SH		SOLE		0	0	16,232
Intuit Inc	COM	461202103	207	699	SH		SOLE		0	0	699
Invesco II Income Composite CE	COM	46138E404	1,205	60,672	SH		SOLE		0	0	60,672
Invesco QQQ Tr ETF Unit Ser 1	COM	46090E103	1,677	6,775	SH		SOLE		0	0	6,775
Invesco S&P 500 Eqwt ETF	COM	46137V357	10,133	99,582	SH		SOLE		0	0	99,582
Invesco S&P 500 Eqwt Energy ET	COM	46137V365	1,058	37,714	SH		SOLE		0	0	37,714
Invesco TR II ETF Pfd	COM	46138E511	634	44,875	SH		SOLE		0	0	44,875
Invesco Van Kampen Sr Income T	COM	46131H107	51	14,667	SH		SOLE		0	0	14,667
JPMorgan Chase & Co	COM	46625H100	542	5,764	SH		SOLE		0	0	5,764
JPMorgan ETF Ultra-Short Incom	COM	46641Q837	4,766	93,947	SH		SOLE		23,260	0	70,687
Johnson & Johnson	COM	478160104	10,350	73,597	SH		SOLE		2,781	0	70,816
Kimberly-Clark Corp	COM	494368103	871	6,163	SH		SOLE		0	0	6,163
Kinder Morgan Inc Del	COM	49456B101	8,931	588,745	SH		SOLE		0	0	588,745
Leggett & Platt Inc	COM	524660107	1,231	35,020	SH		SOLE		0	0	35,020
Lions Gate Entertainment Corp	COM	535919401	655	88,460	SH		SOLE		0	0	88,460
MGIC Investment Corp-Wisc	COM	552848103	369	45,000	SH		SOLE		0	0	45,000
Madison Square Garden Entmt Co	COM	55826T102	478	6,371	SH		SOLE		0	0	6,371
Madison Square Garden Sports C	COM	55825T103	936	6,371	SH		SOLE		0	0	6,371
Magellan Midstream Partners LP	COM	559080106	5,308	122,958	SH		SOLE		0	0	122,958
Mastercard Inc	COM	57636Q104	13,202	44,646	SH		SOLE		2,620	0	42,026
McDonalds Corp	COM	580135101	582	3,152	SH		SOLE		0	0	3,152
Medical Properties Trust Inc	COM	58463J304	7,783	413,977	SH		SOLE		0	0	413,977
Medtronic PLC	COM	G5960L103	845	9,215	SH		SOLE		0	0	9,215
Merck & Co Inc New	COM	58933Y105	4,838	62,563	SH		SOLE		130	0	62,433
Microsoft Corp	COM	594918104	20,032	98,431	SH		SOLE		3,057	0	95,374
Molson Coors Brewing Co Cl B	COM	60871R209	1,087	31,632	SH		SOLE		0	0	31,632
Moodys Corp	COM	615369105	7,188	26,164	SH		SOLE		1,640	0	24,524
Morgan Stanley Emerging Mkts D	COM	617477104	76	13,394	SH		SOLE		0	0	13,394
Motorola Solutions INC Com New	COM	620076307	483	3,445	SH		SOLE		0	0	3,445
Nestle SA Spons ADR Repstg Reg	COM	641069406	8,025	72,662	SH		SOLE		5,155	0	67,507
Netflix.com Inc	COM	64110L106	231	507	SH		SOLE		0	0	507
New Gold Inc	COM	644535106	83	61,500	SH		SOLE		0	0	61,500
Newmont Goldcorp Corp	COM	651639106	3,223	52,196	SH		SOLE		0	0	52,196
Nike Inc-Cl B	COM	654106103	7,135	72,774	SH		SOLE		4,685	0	68,089
Northern Star Resources Ltd	COM	Q6951U101	175	19,000	SH		SOLE		0	0	19,000
Novartis Ag-Sponsored ADR	COM	66987V109	8,659	99,140	SH		SOLE		235	0	98,905
Nuveen Amt Free Quality Muni I	COM	670657105	8,015	576,609	SH		SOLE		0	0	576,609
Nuveen Credit Strategies Incom	COM	67073D102	464	79,437	SH		SOLE		0	0	79,437
Nuveen Dow 30 Dynamic Overwrit	COM	67075F105	5,850	429,825	SH		SOLE		0	0	429,825
Nuveen Enhanced AMT L&N Muni C	COM	67071L106	4,133	270,454	SH		SOLE		0	0	270,454
Nuveen Enhanced Muni Credit Op	COM	67070X101	4,442	300,936	SH		SOLE		0	0	300,936
Nuveen Multi-Strategy Income A	COM	67073B106	137	16,650	SH		SOLE		0	0	16,650
Nuveen Quality Advantage Muni	COM	67066V101	7,252	517,233	SH		SOLE		0	0	517,233
Nuveen VA Premium Income Muni	COM	67064R102	147	10,325	SH		SOLE		0	0	10,325
O'Reilly Automotive Inc	COM	67103H107	7,600	18,023	SH		SOLE		1,101	0	16,922
Oceanagold Corp	COM	675222103	147	63,000	SH		SOLE		0	0	63,000
Omega Healthcare REIT Investor	COM	681936100	9,433	317,296	SH		SOLE		0	0	317,296
Oracle Corp	COM	68389X105	834	15,084	SH		SOLE		0	0	15,084
Paleo Resources Inc	COM	696275106	2	272,000	SH		SOLE		0	0	272,000
Pan Amern Silver Corp	COM	697900108	1,982	65,230	SH		SOLE		0	0	65,230
Paypal Holdings Inc	COM	70450Y103	3,686	21,154	SH		SOLE		1,315	0	19,839
Pembina Pipeline Corp	COM	706327103	862	34,485	SH		SOLE		630	0	33,855
Pepsico Incorporated	COM	713448108	1,399	10,576	SH		SOLE		0	0	10,576
Perseus Mining Ltd	COM	Q74174105	555	615,000	SH		SOLE		0	0	615,000
Peyto Exploration & Developmen	COM	717046106	14	10,712	SH		SOLE		0	0	10,712
Pfizer Incorporated	COM	717081103	9,972	304,957	SH		SOLE		795	0	304,162
Physicians Realty Trust REIT	COM	71943U104	6,902	393,938	SH		SOLE		935	0	393,003
Pinnacle Financial Partners In	COM	72346Q104	1,012	24,094	SH		SOLE		0	0	24,094
Plains All American Pipeline L	COM	726503105	1,680	190,060	SH		SOLE		0	0	190,060
Plains GP Holdings LP	COM	72651A207	8,489	953,812	SH		SOLE		0	0	953,812
Procter & Gamble Co	COM	742718109	1,430	11,958	SH		SOLE		0	0	11,958
Proshares Tr ETF Short Russell	COM	74348A210	279	7,712	SH		SOLE		0	0	7,712
Proshares Tr ETF Short S&P 500	COM	74347B425	1,062	47,500	SH		SOLE		0	0	47,500
Proshares Tr Short ETF QQQ New	COM	74347B714	532	28,000	SH		SOLE		0	0	28,000
Ramelius Resources Ltd	COM	Q7982E108	680	495,000	SH		SOLE		0	0	495,000
Raytheon Technologies Corp	COM	75513E101	326	5,288	SH		SOLE		0	0	5,288
Realty Income Corp REIT	COM	756109104	319	5,365	SH		SOLE		290	0	5,075
Regis Resources NL	COM	Q8059N120	81	22,500	SH		SOLE		0	0	22,500
Republic Services Inc	COM	760759100	431	5,250	SH		SOLE		0	0	5,250
Resolute Mining Ltd	COM	Q81068100	282	360,000	SH		SOLE		0	0	360,000
Roche Hldgs Ltd Spons ADR	COM	771195104	906	20,883	SH		SOLE		880	0	20,003
Royal Dutch Shell PLC Sponsore	COM	780259206	586	17,912	SH		SOLE		0	0	17,912
Royal Gold Inc	COM	780287108	8,053	64,780	SH		SOLE		0	0	64,780
SPDR Bloomberg Barclays 1-3 Mn	COM	78468R663	532	5,811	SH		SOLE		0	0	5,811
SPDR Gold Tr ETF	COM	78463V107	1,713	10,233	SH		SOLE		0	0	10,233
SPDR S&P 500 ETF Tr Unit Ser I	COM	78462F103	805	2,611	SH		SOLE		0	0	2,611
SSR Mng Inc	COM	784730103	751	35,230	SH		SOLE		0	0	35,230
Sabine Royalty Tr Unit Benefic	COM	785688102	290	10,450	SH		SOLE		0	0	10,450
Sandstorm Gold Ltd Com New	COM	80013R206	156	16,260	SH		SOLE		0	0	16,260
Sap Aktiengesellschaft Spons	COM	803054204	465	3,318	SH		SOLE		0	0	3,318
Saracen Mineral Holdings Ltd	COM	Q8309T109	692	185,000	SH		SOLE		0	0	185,000
Semafo Inc Com Chg	COM	816922108	293	86,000	SH		SOLE		0	0	86,000
Servicenow Inc	COM	81762P102	3,960	9,776	SH		SOLE		554	0	9,222
Simon Property Group Inc	COM	828806109	1,059	15,489	SH		SOLE		0	0	15,489
Southwestern Energy Co	COM	845467109	124	48,250	SH		SOLE		0	0	48,250
Sprott Physical Gold Trust	COM	85207H104	428	29,900	SH		SOLE		0	0	29,900
Sprott Physical Silver Trust	COM	85207K107	177	26,725	SH		SOLE		0	0	26,725
Starbucks Corp	COM	855244109	1,287	17,491	SH		SOLE		305	0	17,186
Stonecastle Financial Corp	COM	861780104	658	41,400	SH		SOLE		0	0	41,400
Sysco Corp	COM	871829107	525	9,600	SH		SOLE		0	0	9,600
TC Pipelines LP Unit Com Ltd P	COM	87233Q108	391	12,600	SH		SOLE		0	0	12,600
TJX Companies Inc New	COM	872540109	564	11,151	SH		SOLE		0	0	11,151
Tapestry Inc	COM	876030107	1,838	138,367	SH		SOLE		0	0	138,367
Tekla Healthcare Investors	COM	87911J103	589	27,620	SH		SOLE		1,235	0	26,385
Templeton Global Income Fund	COM	880198106	63	11,801	SH		SOLE		0	0	11,801
Tencent Holdings Ltd Unsp ADR	COM	88032Q109	4,163	65,048	SH		SOLE		3,860	0	61,188
Texas Capital Bancshares	COM	88224Q107	432	14,000	SH		SOLE		0	0	14,000
Texas Instruments	COM	882508104	629	4,954	SH		SOLE		85	0	4,869
Tortoise Midstream Energy MLP	COM	89148B200	499	28,868	SH		SOLE		0	0	28,868
Tortoise North American Pipeli	COM	56167N720	529	32,029	SH		SOLE		0	0	32,029
Tristate Capital Holdings Inc	COM	89678F100	309	19,688	SH		SOLE		0	0	19,688
Unilever N V New York Shs New	COM	904784709	9,247	173,594	SH		SOLE		8,860	0	164,734
Unilever PLC Sponsored ADR New	COM	904767704	13,464	245,336	SH		SOLE		0	0	245,336
Unitedhealth Group Inc	COM	91324P102	8,702	29,502	SH		SOLE		1,427	0	28,075
Vaneck Vectors ETF Tr Gold Min	COM	92189F106	401	10,931	SH		SOLE		0	0	10,931
Vaneck Vectors Tr ETF Jr Gold	COM	92189F791	967	19,500	SH		SOLE		0	0	19,500
Vanguard Index Fds ETF S&P 500	COM	922908363	1,169	4,124	SH		SOLE		390	0	3,734
Vanguard Index Fund Vanguard S	COM	922908751	795	5,457	SH		SOLE		0	0	5,457
Vanguard Index Funds Vanguard	COM	922908629	623	3,800	SH		SOLE		0	0	3,800
Vanguard Intermediate ETF Term	COM	92206C870	770	8,090	SH		SOLE		0	0	8,090
Vanguard Muni Bd Fds ETF Tax E	COM	922907746	621	11,475	SH		SOLE		0	0	11,475
Vanguard REIT ETF	COM	922908553	433	5,518	SH		SOLE		0	0	5,518
Vanguard Total Stock Fund	COM	922908769	1,230	7,860	SH		SOLE		0	0	7,860
Vanguard World Fd Mega Cap 300	COM	921910816	850	5,200	SH		SOLE		0	0	5,200
Ventas Inc	COM	92276F100	1,623	44,334	SH		SOLE		0	0	44,334
Verizon Communications	COM	92343V104	1,238	22,449	SH		SOLE		0	0	22,449
Visa Inc Cl A	COM	92826C839	10,586	54,804	SH		SOLE		2,975	0	51,829
Voya Emerging Markets High Div	COM	92912P108	182	29,320	SH		SOLE		0	0	29,320
W W Grainger Inc	COM	384802104	942	3,000	SH		SOLE		0	0	3,000
WPX Energy Inc	COM	98212B103	134	21,050	SH		SOLE		0	0	21,050
Wal-Mart Stores Inc	COM	931142103	374	3,119	SH		SOLE		0	0	3,119
Walt Disney Company	COM	254687106	1,284	11,517	SH		SOLE		235	0	11,282
Waste Management Inc Del	COM	94106L109	895	8,448	SH		SOLE		0	0	8,448
Wells Fargo & Co New	COM	949746101	237	9,269	SH		SOLE		0	0	9,269
Western Asset High Income Oppo	COM	95766K109	46	10,000	SH		SOLE		0	0	10,000
Western Union Co	COM	959802109	3,308	153,027	SH		SOLE		0	0	153,027
Wheaton Precious Metals Corp	COM	962879102	664	15,075	SH		SOLE		0	0	15,075
Williams Companies Inc	COM	969457100	2,217	116,570	SH		SOLE		0	0	116,570
Williams Sonoma Inc	COM	969904101	1,914	23,336	SH		SOLE		0	0	23,336
Zoetis Inc Cl A	COM	98978V103	507	3,700	SH		SOLE		0	0	3,700
eBay Inc	COM	278642103	242	4,620	SH		SOLE		0	0	4,620
iShares Comex Gold Tr	COM	464285105	15,551	915,289	SH		SOLE		0	0	915,289
iShares ETF Russell 1000 Growt	COM	464287614	221	1,150	SH		SOLE		0	0	1,150
iShares ETF Russell Midcap Gro	COM	464287481	259	1,640	SH		SOLE		0	0	1,640
iShares Silver Tr	COM	46428Q109	197	11,600	SH		SOLE		0	0	11,600
AGNC Investment Corp Pfd 7 Fi	PFD	00123Q500	1,440	63,475	SH		SOLE		0	0	63,475
Aspen Ins Ltd Fxd/Fltg Perp Pf	PFD	G05384154	948	39,232	SH		SOLE		0	0	39,232
Atlantic Un 6.875 Pfd Bnkshrs	PFD	04911A206	931	37,300	SH		SOLE		0	0	37,300
Bank of America Series L Pfd 7	PFD	060505682	10,048	7,486	SH		SOLE		35	0	7,451
Becton Dickinson & Co 6 Pfd S	PFD	075887406	9,658	181,535	SH		SOLE		210	0	181,325
Citigroup Cap Tr Pfd XIII Fixe	PFD	173080201	10,042	378,927	SH		SOLE		0	0	378,927
Cowen Inc Senior Note Pfd 7.35	PFD	223622705	728	29,125	SH		SOLE		0	0	29,125
Crestwood Eqty Partners Perp P	PFD	226344307	726	132,665	SH		SOLE		0	0	132,665
Flaherty & Crumrine Pfd Income	PFD	33848E106	126	11,355	SH		SOLE		0	0	11,355
Gabelli Dv Inc Tr Prp Ser H Pf	PFD	36242H880	316	11,950	SH		SOLE		0	0	11,950
Gabelli Equity Trust Ser K Pfd	PFD	362397846	1,453	56,950	SH		SOLE		0	0	56,950
Gaslog Partners Fix/Flt Pfd A	PFD	Y2687W116	1,369	85,095	SH		SOLE		0	0	85,095
Gold Sachs Flt Non-Cum Perp Pf	PFD	38143Y665	488	24,400	SH		SOLE		0	0	24,400
Gold Sachs Flt Non-Cum Perp Pf	PFD	38144G804	1,551	74,925	SH		SOLE		2,025	0	72,900
Keycorp Perp Pfd 5.65 NonCum 1	PFD	493267876	2,097	83,869	SH		SOLE		0	0	83,869
Merchants Bancorp Fx/Flt A Per	PFD	58844R405	2,191	87,440	SH		SOLE		0	0	87,440
Morgan Stan Fix/Flt Non-Cum Pe	PFD	61763E207	5,997	225,639	SH		SOLE		1,605	0	224,034
Morgan Stanley Pfd Ser A Perp/	PFD	61747S504	2,847	136,337	SH		SOLE		0	0	136,337
New York Banc Fix/Flt Perp Pfd	PFD	649445202	630	25,943	SH		SOLE		0	0	25,943
Nustar Logistics L.P. Due 2043	PFD	67059T204	1,563	82,105	SH		SOLE		0	0	82,105
Regions Fin. A Non-Cum Perp Pf	PFD	7591EP308	4,677	187,443	SH		SOLE		1,795	0	185,648
Regions Fin. B Fx/Flt Perp Pfd	PFD	7591EP506	307	12,375	SH		SOLE		0	0	12,375
Renaissancere Pfd F 5.75 QDI	PFD	75968N309	1,411	54,485	SH		SOLE		0	0	54,485
Synovus Finl Crp Fix/Flt PerpP	PFD	87161C600	962	40,857	SH		SOLE		0	0	40,857
TX Cap Bancshs 6.5 Non-Cum Pe	PFD	882228406	1,357	54,700	SH		SOLE		0	0	54,700
TX Cap Bancshs 6.5 Pfd Note D	PFD	882228307	827	32,554	SH		SOLE		0	0	32,554
Tristate Cap. Fix/Flt Pfd A Pe	PFD	89678F209	2,010	87,850	SH		SOLE		0	0	87,850
US Bancorp Ser K Pfd Fxd 5.50	PFD	902973759	4,217	161,567	SH		SOLE		0	0	161,567
Valley Natl Bancrp Prp Sr B Pf	PFD	919794305	508	23,200	SH		SOLE		0	0	23,200
Wells Fargo & CO 7.5 Prp Cnv	PFD	949746804	7,087	5,464	SH		SOLE		0	0	5,464
Broadcom Inc 8 Pfd Ser A Mand	CONVPFD	11135F200	14,845	13,322	SH		SOLE		0	0	13,322
Hycroft Mng Corp Wts Exp 10/22	WT	448629113	1	10,084	SH		SOLE		0	0	10,084
Blackstone / Gso Senior Floati	FDSTX	09256U105	655	50,917	SH		SOLE		0	0	50,917
Cohen & Steers REIT & Pfd Inco	FDSTX	19247X100	269	14,050	SH		SOLE		0	0	14,050
Eaton Vance Senior Floating Ra	FDSTX	27828Q105	807	71,316	SH		SOLE		0	0	71,316
First Trust/Aberdeen Global Op	FDSTX	337319107	206	20,800	SH		SOLE		0	0	20,800
Invesco Bulletshares 2020 Hi Y	FDSTX	46138J601	587	25,199	SH		SOLE		0	0	25,199
Invesco Bulletshares 2021 Hi Y	FDSTX	46138J809	254	11,213	SH		SOLE		0	0	11,213
Invesco Bulletshares 2022 Hi Y	FDSTX	46138J874	884	39,625	SH		SOLE		0	0	39,625
Nuveen Credit Strategies Incom	FDSTX	67073D102	2,665	456,320	SH		SOLE		0	0	456,320