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	2,638	16,468	SH		SOLE		0	0	16,468
AT&T Inc	COM	00206R102	2,074	72,748	SH		SOLE		0	0	72,748
Abbott Laboratories	COM	002824100	701	6,440	SH		SOLE		0	0	6,440
Abbvie Inc	COM	00287Y109	942	10,760	SH		SOLE		0	0	10,760
Aberdeen Asia Pacific Income F	COM	003009107	4,421	1,107,912	SH		SOLE		0	0	1,107,912
Aberdeen Total Dynamic Dividen	COM	00326L100	385	48,450	SH		SOLE		2,515	0	45,935
Accenture PLC Ireland Shs Cl A	COM	G1151C101	8,987	39,767	SH		SOLE		2,041	0	37,726
Adidas Ag Sponsored ADR	COM	00687A107	1,405	8,613	SH		SOLE		0	0	8,613
Adobe Systems Inc	COM	00724F101	8,067	16,449	SH		SOLE		393	0	16,056
Advent Claymore Convertible &	COM	00764C109	238	17,205	SH		SOLE		0	0	17,205
Agnico Eagle Mines Limited	COM	008474108	2,171	27,272	SH		SOLE		0	0	27,272
Alamos Gold Inc New Class A	COM	011532108	515	58,474	SH		SOLE		0	0	58,474
Alibaba Grp Holding ADR Ltd Sp	COM	01609W102	11,087	37,712	SH		SOLE		2,290	0	35,422
Allianzgi Conv & Income Fund	COM	018828103	108	23,589	SH		SOLE		0	0	23,589
Alphabet Inc Non Voting Cap St	COM	02079K107	12,227	8,320	SH		SOLE		469	0	7,851
Alphabet Inc Voting Cap Stk Cl	COM	02079K305	658	449	SH		SOLE		0	0	449
Altria Group Inc	COM	02209S103	2,450	63,411	SH		SOLE		0	0	63,411
Amazon.Com Inc	COM	023135106	14,021	4,453	SH		SOLE		222	0	4,231
Amgen Inc	COM	031162100	358	1,410	SH		SOLE		0	0	1,410
Analog Devices Inc	COM	032654105	335	2,869	SH		SOLE		0	0	2,869
Apple Inc	COM	037833100	24,269	209,559	SH		SOLE		9,220	0	200,339
Argonaut Gold Inc New	COM	04016A101	131	65,000	SH		SOLE		0	0	65,000
Arthur J Gallagher & Co	COM	363576109	1,571	14,880	SH		SOLE		0	0	14,880
Atlantic Capital Bancshares In	COM	048269203	594	52,293	SH		SOLE		0	0	52,293
Atlantic Union Bankshares Corp	COM	04911A107	397	18,577	SH		SOLE		0	0	18,577
Automatic Data Processing Inc	COM	053015103	1,366	9,793	SH		SOLE		0	0	9,793
B2Gold Corp	COM	11777Q209	591	90,580	SH		SOLE		0	0	90,580
Banco Santander Cent Hispano S	COM	05964H105	225	121,500	SH		SOLE		0	0	121,500
Bank Ozk	COM	06417N103	1,263	59,245	SH		SOLE		0	0	59,245
Bank of America Corp	COM	060505104	304	12,622	SH		SOLE		0	0	12,622
Barrick Gold Corp	COM	067901108	4,458	158,590	SH		SOLE		0	0	158,590
Becton Dickinson & Co	COM	075887109	659	2,832	SH		SOLE		0	0	2,832
Berkshire Hathaway Inc Del Cl	COM	084670702	479	2,249	SH		SOLE		0	0	2,249
Berkshire Hathaway Inc-Del Cl	COM	084670108	320	1	SH		SOLE		0	0	1
BlackRock Build America Bond T	COM	09248X100	204	7,855	SH		SOLE		0	0	7,855
BlackRock Credit Alloc Income	COM	092508100	507	35,659	SH		SOLE		0	0	35,659
BlackRock Insured Municipal In	COM	092479104	155	10,900	SH		SOLE		0	0	10,900
BlackRock Limited Duration Inc	COM	09249W101	375	25,525	SH		SOLE		0	0	25,525
BlackRock Long Term Mun Adviso	COM	09250B103	354	30,022	SH		SOLE		0	0	30,022
BlackRock Muni Holdings Fund I	COM	09253P109	148	10,100	SH		SOLE		0	0	10,100
BlackRock Muni Inter Duration	COM	09253X102	205	14,630	SH		SOLE		0	0	14,630
BlackRock Muniyield Quality Fu	COM	09254G108	195	14,875	SH		SOLE		0	0	14,875
Blackstone Goup Inc Cl A	COM	09260D107	1,114	21,335	SH		SOLE		0	0	21,335
Brigham Minerals Inc	COM	10918L103	11,191	1,254,561	SH		SOLE		2,725	0	1,251,836
Broadcom Ltd	COM	11135F101	490	1,345	SH		SOLE		0	0	1,345
Broadridge Financial Solutions	COM	11133T103	2,121	16,068	SH		SOLE		295	0	15,773
Calamos Conv & High Income Fd	COM	12811P108	221	18,951	SH		SOLE		0	0	18,951
Caterpillar Inc	COM	149123101	1,242	8,327	SH		SOLE		0	0	8,327
Centamin PLC Ord Flondon Share	COM	G2055Q105	301	115,000	SH		SOLE		0	0	115,000
Charter Communications Inc	COM	16119P108	4,314	6,909	SH		SOLE		476	0	6,433
Chevron Corporation	COM	166764100	1,200	16,664	SH		SOLE		0	0	16,664
Clearbridge Energy Midstream O	COM	18469P209	129	14,743	SH		SOLE		0	0	14,743
Clearbridge MLP & Midsteam TR	COM	18469Q207	2,440	243,772	SH		SOLE		0	0	243,772
Clearbridge MLP & Midstream Fu	COM	184692200	1,431	129,528	SH		SOLE		0	0	129,528
Clorox Company (Del)	COM	189054109	789	3,754	SH		SOLE		0	0	3,754
Cohen & Steers Infrastructure	COM	19248A109	1,654	74,385	SH		SOLE		0	0	74,385
Comcast Corp New Cl A	COM	20030N101	1,213	26,230	SH		SOLE		440	0	25,790
ConocoPhillips	COM	20825C104	355	10,822	SH		SOLE		0	0	10,822
Costco Wholesale Corp-New	COM	22160K105	589	1,659	SH		SOLE		0	0	1,659
Crestwood Equity Partners LP	COM	226344208	148	11,850	SH		SOLE		0	0	11,850
Discovery Communications Inc C	COM	25470F104	1,800	82,690	SH		SOLE		0	0	82,690
Distillate US Fundamental Stab	COM	26922A321	4,009	122,860	SH		SOLE		0	0	122,860
Dow Inc	COM	260557103	478	10,164	SH		SOLE		0	0	10,164
Dundee Precious Metals Inc	COM	265269209	422	59,000	SH		SOLE		0	0	59,000
Dupont De Nemours Inc	COM	26614N102	417	7,514	SH		SOLE		0	0	7,514
Eaton Vance Senior Floating Ra	COM	27828Q105	193	16,580	SH		SOLE		0	0	16,580
Endeavour Mining Corp	COM	G3040R158	305	12,229	SH		SOLE		0	0	12,229
Energy Transfer LP	COM	29273V100	213	39,223	SH		SOLE		0	0	39,223
Enterprise Products Partners L	COM	293792107	19,406	1,228,992	SH		SOLE		1,485	0	1,227,507
Evolution Mining Ltd	COM	Q3647R147	412	100,000	SH		SOLE		0	0	100,000
Exxon Mobil Corp	COM	30231G102	5,892	171,630	SH		SOLE		0	0	171,630
Facebook Inc Class A	COM	30303M102	9,500	36,275	SH		SOLE		2,145	0	34,130
First Trust Biotech Index ETF	COM	33733E203	1,611	10,245	SH		SOLE		0	0	10,245
First Trust III ETF Preferred	COM	33739E108	1,035	53,971	SH		SOLE		0	0	53,971
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	429	44,800	SH		SOLE		0	0	44,800
Flaherty & Crumrine / Claymore	COM	338478100	478	22,816	SH		SOLE		0	0	22,816
Flaherty & Crumrine Dynamic Pf	COM	33848W106	4,701	172,215	SH		SOLE		0	0	172,215
Franco-Nevada Corp	COM	351858105	608	4,355	SH		SOLE		0	0	4,355
Gabelli Healthcare & Wellness	COM	36246K103	463	44,880	SH		SOLE		2,605	0	42,275
Gamco Glbl Gold Natural Resour	COM	36465A109	14,147	4,148,589	SH		SOLE		0	0	4,148,589
Gamco Natural Resources Gold &	COM	36465E101	4,451	900,990	SH		SOLE		0	0	900,990
General Mills Inc	COM	370334104	580	9,410	SH		SOLE		0	0	9,410
Global X Super Dividend 100 ET	COM	37950E549	2,061	191,500	SH		SOLE		0	0	191,500
Gold Fields Ltd New Adr Rand	COM	38059T106	475	38,675	SH		SOLE		0	0	38,675
Hanesbrands Inc	COM	410345102	2,853	181,127	SH		SOLE		0	0	181,127
Harley Davidson	COM	412822108	610	24,860	SH		SOLE		0	0	24,860
Hartford Financial Services Gr	COM	416515104	1,215	32,975	SH		SOLE		0	0	32,975
Healthcare Tr Amer INC Class A	COM	42225P501	6,920	266,153	SH		SOLE		855	0	265,298
Home Depot Inc	COM	437076102	542	1,953	SH		SOLE		0	0	1,953
Honeywell International Inc	COM	438516106	847	5,147	SH		SOLE		105	0	5,042
IShares Dow Jones Select Div I	COM	464287168	5,389	66,084	SH		SOLE		0	0	66,084
Industria de Diseno SA ADR	COM	455793109	1,119	80,317	SH		SOLE		1,850	0	78,467
Intel Corp	COM	458140100	612	11,823	SH		SOLE		0	0	11,823
International Business Machine	COM	459200101	1,916	15,751	SH		SOLE		0	0	15,751
Intuit Inc	COM	461202103	267	819	SH		SOLE		0	0	819
Invesco II Income Composite CE	COM	46138E404	1,228	60,672	SH		SOLE		0	0	60,672
Invesco QQQ Tr ETF Unit Ser 1	COM	46090E103	1,882	6,775	SH		SOLE		0	0	6,775
Invesco S&P 500 Eqwt ETF	COM	46137V357	10,582	97,882	SH		SOLE		0	0	97,882
Invesco TR II ETF Pfd	COM	46138E511	764	51,857	SH		SOLE		0	0	51,857
Invesco Van Kampen Sr Income T	COM	46131H107	54	14,667	SH		SOLE		0	0	14,667
JPMorgan Chase & Co	COM	46625H100	297	3,082	SH		SOLE		0	0	3,082
JPMorgan ETF Ultra-Short Incom	COM	46641Q837	4,231	83,297	SH		SOLE		21,280	0	62,017
Johnson & Johnson	COM	478160104	9,668	64,939	SH		SOLE		2,781	0	62,158
Kimberly-Clark Corp	COM	494368103	795	5,385	SH		SOLE		0	0	5,385
Kinder Morgan Inc Del	COM	49456B101	3,157	256,045	SH		SOLE		0	0	256,045
Leggett & Platt Inc	COM	524660107	1,421	34,520	SH		SOLE		0	0	34,520
Lowes Companies Inc	COM	548661107	216	1,300	SH		SOLE		0	0	1,300
MGIC Investment Corp-Wisc	COM	552848103	399	45,000	SH		SOLE		0	0	45,000
Madison Square Garden Entmt Co	COM	55826T102	436	6,371	SH		SOLE		0	0	6,371
Madison Square Garden Sports C	COM	55825T103	2,091	13,896	SH		SOLE		0	0	13,896
Magellan Midstream Partners LP	COM	559080106	4,333	126,684	SH		SOLE		0	0	126,684
Masco Corp	COM	574599106	273	4,961	SH		SOLE		0	0	4,961
Mastercard Inc	COM	57636Q104	14,990	44,326	SH		SOLE		2,567	0	41,759
McDonalds Corp	COM	580135101	837	3,815	SH		SOLE		0	0	3,815
Medical Properties Trust Inc	COM	58463J304	7,266	412,162	SH		SOLE		0	0	412,162
Medtronic PLC	COM	G5960L103	961	9,243	SH		SOLE		0	0	9,243
Merck & Co Inc New	COM	58933Y105	10,018	120,777	SH		SOLE		275	0	120,502
Microsoft Corp	COM	594918104	20,736	98,588	SH		SOLE		3,800	0	94,788
Molson Coors Brewing Co Cl B	COM	60871R209	1,062	31,632	SH		SOLE		0	0	31,632
Moodys Corp	COM	615369105	7,420	25,601	SH		SOLE		1,591	0	24,010
Motorola Solutions INC Com New	COM	620076307	540	3,445	SH		SOLE		0	0	3,445
Nestle SA Spons ADR Repstg Reg	COM	641069406	7,765	65,110	SH		SOLE		5,155	0	59,955
Netflix.com Inc	COM	64110L106	318	635	SH		SOLE		0	0	635
New Gold Inc	COM	644535106	105	61,500	SH		SOLE		0	0	61,500
Newmont Goldcorp Corp	COM	651639106	3,320	52,331	SH		SOLE		0	0	52,331
Nike Inc Cl B	COM	654106103	8,988	71,595	SH		SOLE		4,685	0	66,910
Northern Star Resources Ltd	COM	Q6951U101	186	19,000	SH		SOLE		0	0	19,000
Novartis Ag-Sponsored ADR	COM	66987V109	8,543	98,243	SH		SOLE		235	0	98,008
Nuveen Amt Free Quality Muni I	COM	670657105	8,312	579,659	SH		SOLE		0	0	579,659
Nuveen Credit Strategies Incom	COM	67073D102	435	73,597	SH		SOLE		0	0	73,597
Nuveen Dow 30 Dynamic Overwrit	COM	67075F105	5,816	429,825	SH		SOLE		0	0	429,825
Nuveen Enhanced AMT L&N Muni C	COM	67071L106	4,163	265,833	SH		SOLE		0	0	265,833
Nuveen Enhanced Muni Credit Op	COM	67070X101	4,419	300,843	SH		SOLE		0	0	300,843
Nuveen Multi-Strategy Income A	COM	67073B106	141	16,650	SH		SOLE		0	0	16,650
Nuveen Quality Advantage Muni	COM	67066V101	7,426	511,438	SH		SOLE		0	0	511,438
Nuveen VA Premium Income Muni	COM	67064R102	155	10,325	SH		SOLE		0	0	10,325
O'Reilly Automotive Inc	COM	67103H107	8,255	17,904	SH		SOLE		1,101	0	16,803
Oceanagold Corp	COM	675222103	97	63,000	SH		SOLE		0	0	63,000
Omega Healthcare REIT Investor	COM	681936100	9,342	312,028	SH		SOLE		0	0	312,028
Oracle Corp	COM	68389X105	295	4,936	SH		SOLE		0	0	4,936
Paleo Resources Inc	COM	696275106	2	272,000	SH		SOLE		0	0	272,000
Pan Amern Silver Corp	COM	697900108	2,543	79,110	SH		SOLE		0	0	79,110
Paypal Holdings Inc	COM	70450Y103	4,531	22,995	SH		SOLE		1,315	0	21,680
Pepsico Incorporated	COM	713448108	1,379	9,952	SH		SOLE		0	0	9,952
Perseus Mining Ltd	COM	Q74174105	602	615,000	SH		SOLE		0	0	615,000
Peyto Exploration & Developmen	COM	717046106	20	10,712	SH		SOLE		0	0	10,712
Pfizer Incorporated	COM	717081103	10,943	298,166	SH		SOLE		795	0	297,371
Physicians Realty Trust REIT	COM	71943U104	6,874	383,811	SH		SOLE		935	0	382,876
Pinnacle Financial Partners In	COM	72346Q104	513	14,420	SH		SOLE		0	0	14,420
Plains All American Pipeline L	COM	726503105	1,113	186,180	SH		SOLE		0	0	186,180
Plains GP Holdings LP	COM	72651A207	9,133	1,499,745	SH		SOLE		1,500	0	1,498,245
Procter & Gamble Co	COM	742718109	1,390	9,998	SH		SOLE		0	0	9,998
Proshares Tr ETF Short Russell	COM	74348A210	724	21,330	SH		SOLE		0	0	21,330
Proshares Tr ETF Short S&P 500	COM	74347B425	959	47,195	SH		SOLE		0	0	47,195
Proshares Tr Short ETF QQQ New	COM	74347B714	482	29,150	SH		SOLE		0	0	29,150
Ramelius Resources Ltd	COM	Q7982E108	734	495,000	SH		SOLE		0	0	495,000
Raytheon Technologies Corp	COM	75513E101	448	7,779	SH		SOLE		185	0	7,594
Realty Income Corp REIT	COM	756109104	315	5,190	SH		SOLE		290	0	4,900
Regis Resources NL	COM	Q8059N120	81	22,500	SH		SOLE		0	0	22,500
Republic Services Inc	COM	760759100	337	3,605	SH		SOLE		0	0	3,605
Resolute Mining Ltd	COM	Q81068100	240	360,000	SH		SOLE		0	0	360,000
Roche Hldgs Ltd Spons ADR	COM	771195104	811	18,941	SH		SOLE		880	0	18,061
Royal Gold Inc	COM	780287108	8,229	68,480	SH		SOLE		0	0	68,480
SPDR Bloomberg Barclays 1-3 Mn	COM	78468R663	541	5,911	SH		SOLE		0	0	5,911
SPDR Gold Tr ETF	COM	78463V107	1,909	10,778	SH		SOLE		0	0	10,778
SPDR S&P 500 ETF Tr Unit Ser I	COM	78462F103	1,129	3,372	SH		SOLE		0	0	3,372
SSR Mng Inc	COM	784730103	658	35,230	SH		SOLE		0	0	35,230
Sabine Royalty Tr Unit Benefic	COM	785688102	322	11,050	SH		SOLE		0	0	11,050
Salesforce.Com	COM	79466L302	248	986	SH		SOLE		0	0	986
Sandstorm Gold Ltd Com New	COM	80013R206	124	14,650	SH		SOLE		0	0	14,650
Sap Aktiengesellschaft Spons	COM	803054204	502	3,221	SH		SOLE		0	0	3,221
Saracen Mineral Holdings Ltd	COM	Q8309T109	685	185,000	SH		SOLE		0	0	185,000
Servicenow Inc	COM	81762P102	4,757	9,808	SH		SOLE		554	0	9,254
Southwestern Energy Co	COM	845467109	113	48,250	SH		SOLE		0	0	48,250
Sprott Physical Gold Trust	COM	85207H104	450	29,900	SH		SOLE		0	0	29,900
Sprott Physical Silver Trust	COM	85207K107	221	26,725	SH		SOLE		0	0	26,725
Starbucks Corp	COM	855244109	1,225	14,252	SH		SOLE		305	0	13,947
Stonecastle Financial Corp	COM	861780104	804	41,400	SH		SOLE		0	0	41,400
Sysco Corp	COM	871829107	597	9,600	SH		SOLE		0	0	9,600
TC Pipelines LP Unit Com Ltd P	COM	87233Q108	322	12,600	SH		SOLE		0	0	12,600
TJX Companies Inc New	COM	872540109	600	10,786	SH		SOLE		0	0	10,786
Tekla Healthcare Investors	COM	87911J103	542	26,300	SH		SOLE		1,235	0	25,065
Templeton Global Income Fund	COM	880198106	83	15,511	SH		SOLE		0	0	15,511
Tencent Holdings Ltd Unsp ADR	COM	88032Q109	4,809	71,086	SH		SOLE		3,860	0	67,226
Texas Capital Bancshares	COM	88224Q107	436	14,000	SH		SOLE		0	0	14,000
Texas Instruments	COM	882508104	690	4,834	SH		SOLE		85	0	4,749
Tortoise Midstream Energy MLP	COM	89148B200	421	29,065	SH		SOLE		0	0	29,065
Tortoise North American Pipeli	COM	56167N720	780	52,084	SH		SOLE		0	0	52,084
Tristate Capital Holdings Inc	COM	89678F100	261	19,688	SH		SOLE		0	0	19,688
Unilever N V New York Shs New	COM	904784709	8,926	147,774	SH		SOLE		8,860	0	138,914
Unilever PLC Sponsored ADR New	COM	904767704	14,765	239,374	SH		SOLE		0	0	239,374
Unitedhealth Group Inc	COM	91324P102	9,156	29,368	SH		SOLE		1,427	0	27,941
Urstadt Biddle Pptys Inc REIT	COM	917286205	2,544	276,555	SH		SOLE		0	0	276,555
Vaneck Vectors ETF Tr Gold Min	COM	92189F106	2,318	59,189	SH		SOLE		0	0	59,189
Vaneck Vectors Tr ETF Jr Gold	COM	92189F791	3,919	70,800	SH		SOLE		0	0	70,800
Vanguard Index FDS Growth ETF	COM	922908736	354	1,557	SH		SOLE		0	0	1,557
Vanguard Index Fds ETF S&P 500	COM	922908363	853	2,774	SH		SOLE		390	0	2,384
Vanguard Index Fund Vanguard S	COM	922908751	838	5,450	SH		SOLE		0	0	5,450
Vanguard Index Funds Vanguard	COM	922908629	670	3,800	SH		SOLE		0	0	3,800
Vanguard Intermediate ETF Term	COM	92206C870	490	5,111	SH		SOLE		0	0	5,111
Vanguard Lrg Cap ETF	COM	922908637	244	1,562	SH		SOLE		0	0	1,562
Vanguard Muni Bd Fds ETF Tax E	COM	922907746	445	8,170	SH		SOLE		0	0	8,170
Vanguard REIT ETF	COM	922908553	490	6,202	SH		SOLE		0	0	6,202
Vanguard Total Intl ETF Bond	COM	92203J407	222	3,815	SH		SOLE		0	0	3,815
Vanguard Total Stock Fund	COM	922908769	1,339	7,860	SH		SOLE		0	0	7,860
Vanguard World Fd Mega Cap 300	COM	921910816	964	5,200	SH		SOLE		0	0	5,200
Ventas Inc	COM	92276F100	1,860	44,333	SH		SOLE		0	0	44,333
Verizon Communications	COM	92343V104	1,225	20,594	SH		SOLE		0	0	20,594
Visa Inc Cl A	COM	92826C839	10,970	54,859	SH		SOLE		2,975	0	51,884
Voya Emerging Markets High Div	COM	92912P108	150	22,737	SH		SOLE		0	0	22,737
W W Grainger Inc	COM	384802104	1,070	3,000	SH		SOLE		0	0	3,000
WPX Energy Inc	COM	98212B103	103	21,050	SH		SOLE		0	0	21,050
Walgreens Boots Alliance Inc	COM	931427108	2,069	57,600	SH		SOLE		0	0	57,600
Walmart Inc	COM	931142103	520	3,719	SH		SOLE		0	0	3,719
Walt Disney Company	COM	254687106	1,310	10,556	SH		SOLE		235	0	10,321
Waste Management Inc Del	COM	94106L109	1,092	9,648	SH		SOLE		0	0	9,648
Wells Fargo & Co New	COM	949746101	233	9,891	SH		SOLE		0	0	9,891
Western Asset High Income Oppo	COM	95766K109	49	10,000	SH		SOLE		0	0	10,000
Western Union Co	COM	959802109	3,279	153,027	SH		SOLE		0	0	153,027
Wheaton Precious Metals Corp	COM	962879102	1,269	25,855	SH		SOLE		0	0	25,855
Williams Companies Inc	COM	969457100	2,210	112,488	SH		SOLE		0	0	112,488
Williams Sonoma Inc	COM	969904101	2,074	22,936	SH		SOLE		0	0	22,936
Yum Brands Inc	COM	988498101	200	2,191	SH		SOLE		0	0	2,191
Zoetis Inc Cl A	COM	98978V103	640	3,868	SH		SOLE		0	0	3,868
iShares Comex Gold Tr	COM	464285105	23,196	1,289,369	SH		SOLE		980	0	1,288,389
iShares ETF Russell 1000 Growt	COM	464287614	249	1,150	SH		SOLE		0	0	1,150
iShares ETF Russell Midcap Gro	COM	464287481	283	1,640	SH		SOLE		0	0	1,640
iShares Silver Tr	COM	46428Q109	835	38,565	SH		SOLE		0	0	38,565
iShares Trust Barclays 20 Year	COM	464287432	79,466	486,746	SH		SOLE		345	0	486,401
AGNC Investment Corp Pfd 7 Fi	PFD	00123Q500	1,494	62,700	SH		SOLE		0	0	62,700
Aspen Ins Ltd Fxd/Fltg Perp Pf	PFD	G05384154	995	39,432	SH		SOLE		0	0	39,432
Atlantic Un 6.875 Pfd Bnkshrs	PFD	04911A206	985	37,500	SH		SOLE		0	0	37,500
Bank of America Series L Pfd 7	PFD	060505682	11,067	7,437	SH		SOLE		35	0	7,402
Becton Dickinson & Co 6 Pfd S	PFD	075887406	9,363	177,837	SH		SOLE		210	0	177,627
Citigroup Cap Tr Pfd XIII Fixe	PFD	173080201	12,159	450,677	SH		SOLE		415	0	450,262
Cowen Inc Senior Note Pfd 7.35	PFD	223622705	749	29,125	SH		SOLE		0	0	29,125
Flaherty & Crumrine Pfd Income	PFD	33848E106	130	10,925	SH		SOLE		0	0	10,925
Gabelli Dv Inc Tr Prp Ser H Pf	PFD	36242H880	295	10,950	SH		SOLE		0	0	10,950
Gabelli Equity Trust Ser K Pfd	PFD	362397846	1,517	56,950	SH		SOLE		0	0	56,950
Gaslog Partners Fix/Flt Pfd A	PFD	Y2687W116	332	24,075	SH		SOLE		0	0	24,075
Gold Sachs Flt Non-Cum Perp Pf	PFD	38143Y665	558	24,400	SH		SOLE		0	0	24,400
Gold Sachs Flt Non-Cum Perp Pf	PFD	38144G804	1,695	73,355	SH		SOLE		2,025	0	71,330
Keycorp Perp Pfd 5.65 NonCum 1	PFD	493267876	2,202	82,951	SH		SOLE		0	0	82,951
Merchants Bancorp Fx/Flt A Per	PFD	58844R405	1,657	63,250	SH		SOLE		0	0	63,250
Morgan Stan Fix/Flt Non-Cum Pe	PFD	61763E207	5,948	219,088	SH		SOLE		1,605	0	217,483
Morgan Stanley Pfd Ser A Perp/	PFD	61747S504	3,202	136,612	SH		SOLE		0	0	136,612
New York Banc Fix/Flt Perp Pfd	PFD	649445202	712	25,943	SH		SOLE		0	0	25,943
Nustar Logistics L.P. Due 2043	PFD	67059T204	1,566	81,805	SH		SOLE		0	0	81,805
Regions Fin. A Non-Cum Perp Pf	PFD	7591EP308	4,353	171,663	SH		SOLE		1,795	0	169,868
Regions Fin. B Fx/Flt Perp Pfd	PFD	7591EP506	343	12,375	SH		SOLE		0	0	12,375
Renaissancere Pfd F 5.75 QDI	PFD	75968N309	1,477	54,390	SH		SOLE		0	0	54,390
Synovus Finl Crp Fix/Flt PerpP	PFD	87161C600	1,056	41,057	SH		SOLE		0	0	41,057
TX Cap Bancshs 6.5 Non-Cum Pe	PFD	882228406	1,382	54,900	SH		SOLE		0	0	54,900
TX Cap Bancshs 6.5 Pfd Note D	PFD	882228307	836	32,554	SH		SOLE		0	0	32,554
Tristate Cap. Fix/Flt Pfd A Pe	PFD	89678F209	2,185	88,050	SH		SOLE		0	0	88,050
US Bancorp Ser K Pfd Fxd 5.50	PFD	902973759	4,354	161,268	SH		SOLE		0	0	161,268
Wells Fargo & CO 7.5 Prp Cnv	PFD	949746804	8,107	6,041	SH		SOLE		8	0	6,033
Wesco Intl Inc Cm Fx/Flt Prp P	PFD	95082P303	1,889	67,475	SH		SOLE		0	0	67,475
Broadcom Inc 8 Pfd Ser A Mand	CONVPFD	11135F200	16,467	13,208	SH		SOLE		0	0	13,208
Hycroft Mining Wts Exp 10/22/2	WT	44862P125	3	10,084	SH		SOLE		0	0	10,084
Blackstone / Gso Senior Floati	FDSTX	09256U105	701	50,917	SH		SOLE		0	0	50,917
Cohen & Steers REIT & Pfd Inco	FDSTX	19247X100	284	14,050	SH		SOLE		0	0	14,050
Eaton Vance Senior Floating Ra	FDSTX	27828Q105	829	71,316	SH		SOLE		0	0	71,316
First Trust/Aberdeen Global Op	FDSTX	337319107	199	20,800	SH		SOLE		0	0	20,800
Invesco Bulletshares 2020 Hi Y	FDSTX	46138J601	589	25,199	SH		SOLE		0	0	25,199
Invesco Bulletshares 2021 Hi Y	FDSTX	46138J809	257	11,213	SH		SOLE		0	0	11,213
Invesco Bulletshares 2022 Hi Y	FDSTX	46138J874	906	39,625	SH		SOLE		0	0	39,625
Nuveen Credit Strategies Incom	FDSTX	67073D102	2,697	456,320	SH		SOLE		0	0	456,320