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	2,791	15,968	SH		SOLE		0	0	15,968
ARK ETF Tr Genomic Revolution	COM	00214Q302	989	10,605	SH		SOLE		0	0	10,605
AT&T Inc	COM	00206R102	550	19,119	SH		SOLE		0	0	19,119
Abbott Laboratories	COM	002824100	772	7,050	SH		SOLE		0	0	7,050
Abbvie Inc	COM	00287Y109	1,193	11,135	SH		SOLE		0	0	11,135
Aberdeen Asia Pacific Income F	COM	003009107	13,344	2,998,748	SH		SOLE		0	0	2,998,748
Aberdeen Total Dynamic Dividen	COM	00326L100	417	47,170	SH		SOLE		1,235	0	45,935
Accenture PLC Ireland Shs Cl A	COM	G1151C101	10,360	39,661	SH		SOLE		1,909	0	37,752
Adidas Ag Sponsored ADR	COM	00687A107	1,569	8,573	SH		SOLE		0	0	8,573
Adobe Systems Inc	COM	00724F101	8,690	17,376	SH		SOLE		423	0	16,953
Advanced Micro Devices Inc	COM	007903107	266	2,900	SH		SOLE		0	0	2,900
Advent Claymore Convertible &	COM	00764C109	252	15,266	SH		SOLE		0	0	15,266
Agnico Eagle Mines Limited	COM	008474108	1,683	23,862	SH		SOLE		0	0	23,862
Alamos Gold Inc New Class A	COM	011532108	512	58,474	SH		SOLE		0	0	58,474
Alibaba Grp Holding ADR Ltd Sp	COM	01609W102	9,448	40,598	SH		SOLE		2,353	0	38,245
Allianzgi Conv & IncoXXX Fund	COM	018828103	133	23,128	SH		SOLE		0	0	23,128
Alphabet Inc Non Voting Cap St	COM	02079K107	14,681	8,380	SH		SOLE		469	0	7,911
Alphabet Inc Voting Cap Stk Cl	COM	02079K305	920	525	SH		SOLE		0	0	525
Altria Group Inc	COM	02209S103	2,498	60,919	SH		SOLE		0	0	60,919
Amazon.Com Inc	COM	023135106	14,881	4,569	SH		SOLE		225	0	4,344
American Tower Corp REIT	COM	03027X100	611	2,720	SH		SOLE		18	0	2,702
Amgen Inc	COM	031162100	324	1,410	SH		SOLE		0	0	1,410
Analog Devices Inc	COM	032654105	428	2,897	SH		SOLE		0	0	2,897
Apple Inc	COM	037833100	27,419	206,642	SH		SOLE		8,800	0	197,842
Atlantic Capital Bancshares In	COM	048269203	833	52,293	SH		SOLE		0	0	52,293
Atlantic Union Bankshares Corp	COM	04911A107	612	18,577	SH		SOLE		0	0	18,577
Automatic Data Processing Inc	COM	053015103	1,164	6,605	SH		SOLE		0	0	6,605
B2Gold Corp	COM	11777Q209	507	90,580	SH		SOLE		0	0	90,580
Banco Santander Cent Hispano S	COM	05964H105	371	121,500	SH		SOLE		0	0	121,500
Bank of America Corp	COM	060505104	377	12,427	SH		SOLE		0	0	12,427
Barrick Gold Corp	COM	067901108	3,061	134,357	SH		SOLE		0	0	134,357
Becton Dickinson & Co	COM	075887109	814	3,254	SH		SOLE		0	0	3,254
Berkshire Hathaway Inc Del Cl	COM	084670702	521	2,249	SH		SOLE		0	0	2,249
Berkshire Hathaway Inc-Del Cl	COM	084670108	348	1	SH		SOLE		0	0	1
BlackRock Credit Alloc Income	COM	092508100	467	31,754	SH		SOLE		0	0	31,754
BlackRock Insured Municipal In	COM	092479104	165	10,900	SH		SOLE		0	0	10,900
BlackRock Limited Duration Inc	COM	09249W101	406	25,525	SH		SOLE		0	0	25,525
BlackRock Long Term Mun Adviso	COM	09250B103	382	30,022	SH		SOLE		0	0	30,022
BlackRock Muni Holdings Fund I	COM	09253P109	152	10,100	SH		SOLE		0	0	10,100
BlackRock Muni Inter Duration	COM	09253X102	218	14,630	SH		SOLE		0	0	14,630
BlackRock Muniyield Quality Fu	COM	09254G108	165	11,790	SH		SOLE		0	0	11,790
Blackstone Goup Inc Cl A	COM	09260D107	1,448	22,335	SH		SOLE		0	0	22,335
Boeing Co	COM	097023105	420	1,962	SH		SOLE		0	0	1,962
Brigham Minerals Inc	COM	10918L103	13,383	1,217,701	SH		SOLE		985	0	1,216,716
Broadcom Ltd	COM	11135F101	709	1,620	SH		SOLE		0	0	1,620
Broadridge Financial Solutions	COM	11133T103	2,425	15,831	SH		SOLE		105	0	15,726
Calamos Conv & High Income Fd	COM	12811P108	268	18,755	SH		SOLE		0	0	18,755
Caterpillar Inc	COM	149123101	1,588	8,727	SH		SOLE		0	0	8,727
Charter Communications Inc	COM	16119P108	4,691	7,091	SH		SOLE		476	0	6,615
Chevron Corporation	COM	166764100	7,637	90,435	SH		SOLE		0	0	90,435
Cisco Systems Inc	COM	17275R102	258	5,763	SH		SOLE		0	0	5,763
Clearbridge MLP & Midsteam TR	COM	18469Q207	2,189	149,920	SH		SOLE		0	0	149,920
Clorox Company (Del)	COM	189054109	758	3,754	SH		SOLE		0	0	3,754
Comcast Corp New Cl A	COM	20030N101	1,339	25,555	SH		SOLE		160	0	25,395
ConocoPhillips	COM	20825C104	450	11,244	SH		SOLE		0	0	11,244
Costco Wholesale Corp-New	COM	22160K105	740	1,965	SH		SOLE		0	0	1,965
Crestwood Equity Partners LP	COM	226344208	225	11,850	SH		SOLE		0	0	11,850
Deutsche Telekom Ag Sponsored	COM	251566105	229	5,300	SH		SOLE		0	0	5,300
Discovery Communications Inc C	COM	25470F104	2,488	82,690	SH		SOLE		0	0	82,690
Distillate US Fundamental Stab	COM	26922A321	5,798	159,637	SH		SOLE		0	0	159,637
Dow Inc	COM	260557103	548	9,870	SH		SOLE		0	0	9,870
Dundee Precious Metals Inc	COM	265269209	423	59,000	SH		SOLE		0	0	59,000
Dupont De Nemours Inc	COM	26614N102	496	6,969	SH		SOLE		0	0	6,969
Eaton Vance Senior Floating Ra	COM	27828Q105	211	16,580	SH		SOLE		0	0	16,580
Energy Transfer LP	COM	29273V100	208	33,675	SH		SOLE		0	0	33,675
Enterprise Products Partners L	COM	293792107	23,740	1,211,848	SH		SOLE		540	0	1,211,308
Evolution Mining Ltd	COM	Q3647R147	384	100,000	SH		SOLE		0	0	100,000
Exxon Mobil Corp	COM	30231G102	3,006	72,931	SH		SOLE		0	0	72,931
Facebook Inc Class A	COM	30303M102	10,123	37,058	SH		SOLE		2,145	0	34,913
First Trust Biotech Index ETF	COM	33733E203	1,721	10,245	SH		SOLE		0	0	10,245
First Trust III ETF Preferred	COM	33739E108	1,053	52,141	SH		SOLE		0	0	52,141
First Trust Low Duration Opp E	COM	33739Q200	687	13,347	SH		SOLE		7,685	0	5,662
First Trust/Aberdeen Global Op	COM	337319107	287	27,200	SH		SOLE		0	0	27,200
Flaherty & Crumrine / Claymore	COM	338478100	452	19,301	SH		SOLE		0	0	19,301
Flaherty & Crumrine Dynamic Pf	COM	33848W106	4,802	165,228	SH		SOLE		0	0	165,228
Franco-Nevada Corp	COM	351858105	483	3,855	SH		SOLE		0	0	3,855
Gamco Glbl Gold Natural Resour	COM	36465A109	13,932	3,969,338	SH		SOLE		0	0	3,969,338
Gamco Natural Resources Gold &	COM	36465E101	4,443	869,488	SH		SOLE		0	0	869,488
General Mills Inc	COM	370334104	500	8,510	SH		SOLE		0	0	8,510
Global X Super Dividend 100 ET	COM	37950E549	2,459	191,500	SH		SOLE		0	0	191,500
Gold Fields Ltd New Adr Rand	COM	38059T106	359	38,675	SH		SOLE		0	0	38,675
HCA Holdings Inc	COM	40412C101	223	1,355	SH		SOLE		0	0	1,355
Hanesbrands Inc	COM	410345102	2,641	181,127	SH		SOLE		0	0	181,127
Harley Davidson	COM	412822108	912	24,860	SH		SOLE		0	0	24,860
Healthcare Tr Amer INC Class A	COM	42225P501	7,284	264,491	SH		SOLE		310	0	264,181
Home Depot Inc	COM	437076102	492	1,853	SH		SOLE		0	0	1,853
Honeywell International Inc	COM	438516106	1,005	4,724	SH		SOLE		40	0	4,684
IShares Dow Jones Select Div I	COM	464287168	6,452	67,084	SH		SOLE		0	0	67,084
Industria de Diseno SA ADR	COM	455793109	1,280	79,801	SH		SOLE		670	0	79,131
Intel Corp	COM	458140100	539	10,823	SH		SOLE		0	0	10,823
International Business Machine	COM	459200101	2,088	16,587	SH		SOLE		0	0	16,587
Intuit Inc	COM	461202103	265	699	SH		SOLE		0	0	699
Invesco Actively Managed ETF T	COM	46090A887	841	16,630	SH		SOLE		0	0	16,630
Invesco II Income Composite CE	COM	46138E404	1,361	60,672	SH		SOLE		0	0	60,672
Invesco QQQ Tr ETF Unit Ser 1	COM	46090E103	2,126	6,775	SH		SOLE		0	0	6,775
Invesco S&P 500 Eqwt ETF	COM	46137V357	12,391	97,157	SH		SOLE		0	0	97,157
Invesco TR II ETF Pfd	COM	46138E511	780	51,088	SH		SOLE		0	0	51,088
Invesco Van Kampen Sr Income T	COM	46131H107	52	13,000	SH		SOLE		0	0	13,000
JPMorgan Chase & Co	COM	46625H100	261	2,052	SH		SOLE		0	0	2,052
JPMorgan ETF Ultra-Short Incom	COM	46641Q837	5,317	104,687	SH		SOLE		21,280	0	83,407
JPMorgan Ultra-Short Municipal	COM	44641Q654	256	5,025	SH		SOLE		0	0	5,025
Johnson & Johnson	COM	478160104	14,835	94,259	SH		SOLE		2,666	0	91,593
Kimberly-Clark Corp	COM	494368103	726	5,385	SH		SOLE		0	0	5,385
Kinder Morgan Inc Del	COM	49456B101	9,859	721,219	SH		SOLE		0	0	721,219
Lowes Companies Inc	COM	548661107	209	1,300	SH		SOLE		0	0	1,300
MGIC Investment Corp-Wisc	COM	552848103	502	40,000	SH		SOLE		0	0	40,000
Madison Square Garden Entmt Co	COM	55826T102	669	6,371	SH		SOLE		0	0	6,371
Madison Square Garden Sports C	COM	55825T103	2,558	13,896	SH		SOLE		0	0	13,896
Magellan Midstream Partners LP	COM	559080106	7,209	169,864	SH		SOLE		0	0	169,864
Marvell Technology Grp Ltd	COM	G5876H105	202	4,250	SH		SOLE		0	0	4,250
Masco Corp	COM	574599106	273	4,961	SH		SOLE		0	0	4,961
Mastercard Inc	COM	57636Q104	17,248	48,323	SH		SOLE		2,602	0	45,721
McDonalds Corp	COM	580135101	939	4,375	SH		SOLE		0	0	4,375
Medical Properties Trust Inc	COM	58463J304	8,850	406,156	SH		SOLE		0	0	406,156
Medtronic PLC	COM	G5960L103	1,024	8,742	SH		SOLE		0	0	8,742
Merck & Co Inc New	COM	58933Y105	9,721	118,839	SH		SOLE		100	0	118,739
Microsoft Corp	COM	594918104	21,928	98,590	SH		SOLE		3,575	0	95,015
Molson Coors Brewing Co Cl B	COM	60871R209	1,429	31,632	SH		SOLE		0	0	31,632
Moodys Corp	COM	615369105	7,343	25,301	SH		SOLE		1,591	0	23,710
Motorola Solutions INC Com New	COM	620076307	603	3,545	SH		SOLE		0	0	3,545
Mplx LP Com Unit Rpstg Limited	COM	55336V100	377	17,399	SH		SOLE		0	0	17,399
Nestle SA Spons ADR Repstg Reg	COM	641069406	7,612	64,621	SH		SOLE		5,155	0	59,466
Netflix.com Inc	COM	64110L106	365	675	SH		SOLE		0	0	675
New Gold Inc	COM	644535106	131	60,000	SH		SOLE		0	0	60,000
Newmont Goldcorp Corp	COM	651639106	2,366	39,507	SH		SOLE		0	0	39,507
Nike Inc Cl B	COM	654106103	9,948	70,320	SH		SOLE		4,685	0	65,635
Northern Star Resources Ltd	COM	Q6951U101	186	19,000	SH		SOLE		0	0	19,000
Novartis Ag-Sponsored ADR	COM	66987V109	9,156	96,958	SH		SOLE		85	0	96,873
Nustar Energy LP	COM	67058H102	145	10,033	SH		SOLE		0	0	10,033
Nuveen Amt Free Quality Muni I	COM	670657105	8,224	544,667	SH		SOLE		0	0	544,667
Nuveen Credit Strategies Incom	COM	67073D102	454	71,647	SH		SOLE		0	0	71,647
Nuveen Dow 30 Dynamic Overwrit	COM	67075F105	6,115	402,325	SH		SOLE		0	0	402,325
Nuveen Enhanced AMT L&N Muni C	COM	67071L106	1,714	102,174	SH		SOLE		0	0	102,174
Nuveen Enhanced Muni Credit Op	COM	67070X101	1,923	119,307	SH		SOLE		0	0	119,307
Nuveen Multi-Strategy Income A	COM	67073B106	158	16,650	SH		SOLE		0	0	16,650
Nuveen Quality Advantage Muni	COM	67066V101	7,671	499,106	SH		SOLE		0	0	499,106
Nuveen VA Premium Income Muni	COM	67064R102	164	10,325	SH		SOLE		0	0	10,325
Nvidia Corp	COM	67066G104	358	685	SH		SOLE		0	0	685
O'Reilly Automotive Inc	COM	67103H107	8,350	18,450	SH		SOLE		1,107	0	17,343
Omega Healthcare REIT Investor	COM	681936100	11,217	308,835	SH		SOLE		0	0	308,835
Oracle Corp	COM	68389X105	255	3,936	SH		SOLE		0	0	3,936
PagerDuty Inc	COM	69553P100	273	6,550	SH		SOLE		0	0	6,550
Pan Amern Silver Corp	COM	697900108	2,566	74,345	SH		SOLE		0	0	74,345
Paypal Holdings Inc	COM	70450Y103	5,530	23,613	SH		SOLE		1,315	0	22,298
Pepsico Incorporated	COM	713448108	1,348	9,090	SH		SOLE		0	0	9,090
Perseus Mining Ltd	COM	Q74174105	617	615,000	SH		SOLE		0	0	615,000
Peyto Exploration & Developmen	COM	717046106	25	10,712	SH		SOLE		0	0	10,712
Pfizer Incorporated	COM	717081103	10,981	298,322	SH		SOLE		290	0	298,032
Physicians Realty Trust REIT	COM	71943U104	6,748	379,088	SH		SOLE		340	0	378,748
Pinnacle Financial Partners In	COM	72346Q104	929	14,420	SH		SOLE		0	0	14,420
Plains All American Pipeline L	COM	726503105	1,487	180,410	SH		SOLE		0	0	180,410
Plains GP Holdings LP	COM	72651A207	790	93,516	SH		SOLE		0	0	93,516
Procter & Gamble Co	COM	742718109	1,451	10,431	SH		SOLE		0	0	10,431
Proshares Tr ETF Short S&P 500	COM	74347B425	674	37,493	SH		SOLE		0	0	37,493
Proshares Tr Short ETF QQQ New	COM	74347B714	483	33,488	SH		SOLE		0	0	33,488
Ramelius Resources Ltd	COM	Q7982E108	642	495,000	SH		SOLE		0	0	495,000
Raytheon Technologies Corp	COM	75513E101	519	7,257	SH		SOLE		65	0	7,192
Realty Income Corp REIT	COM	756109104	304	4,890	SH		SOLE		105	0	4,785
Regis Resources NL	COM	Q8059N120	65	22,500	SH		SOLE		0	0	22,500
Republic Services Inc	COM	760759100	347	3,605	SH		SOLE		0	0	3,605
Roche Hldgs Ltd Spons ADR	COM	771195104	808	18,441	SH		SOLE		380	0	18,061
Royal Dutch Shell PLC Sponsore	COM	780259206	214	6,089	SH		SOLE		0	0	6,089
Royal Gold Inc	COM	780287108	1,180	11,095	SH		SOLE		0	0	11,095
SPDR Bloomberg Barclays 1-3 Mn	COM	78468R663	519	5,671	SH		SOLE		0	0	5,671
SPDR Gold Tr ETF	COM	78463V107	1,394	7,813	SH		SOLE		0	0	7,813
SPDR S&P 500 ETF Tr Unit Ser I	COM	78462F103	1,255	3,357	SH		SOLE		0	0	3,357
SSR Mng Inc	COM	784730103	708	35,230	SH		SOLE		0	0	35,230
Sabine Royalty Tr Unit Benefic	COM	785688102	453	16,086	SH		SOLE		0	0	16,086
Salesforce.Com	COM	79466L302	357	1,606	SH		SOLE		0	0	1,606
Saracen Mineral Holdings Ltd	COM	Q8309T109	676	185,000	SH		SOLE		0	0	185,000
Sea Ltd Unspon ADR	COM	81141R100	259	1,300	SH		SOLE		0	0	1,300
Servicenow Inc	COM	81762P102	5,518	10,024	SH		SOLE		554	0	9,470
Shopify INC Cl A	COM	82509L107	306	270	SH		SOLE		0	0	270
Southwestern Energy Co	COM	845467109	134	45,000	SH		SOLE		0	0	45,000
Sprott Physical Silver Trust	COM	85207K107	127	13,650	SH		SOLE		0	0	13,650
Square Inc-A	COM	852234103	224	1,030	SH		SOLE		0	0	1,030
Starbucks Corp	COM	855244109	1,414	13,221	SH		SOLE		110	0	13,111
Synopsys Inc	COM	871607107	233	900	SH		SOLE		0	0	900
Sysco Corp	COM	871829107	713	9,600	SH		SOLE		0	0	9,600
TC Pipelines LP Unit Com Ltd P	COM	87233Q108	371	12,600	SH		SOLE		0	0	12,600
TJX Companies Inc New	COM	872540109	732	10,719	SH		SOLE		0	0	10,719
Teladoc Inc	COM	87918A105	268	1,340	SH		SOLE		0	0	1,340
Templeton Emerging Markets Inc	COM	880192109	2,088	268,785	SH		SOLE		1,900	0	266,885
Templeton Global Income Fund	COM	880198106	78	14,092	SH		SOLE		0	0	14,092
Tencent Holdings Ltd Unsp ADR	COM	88032Q109	8,239	114,599	SH		SOLE		6,235	0	108,364
Texas Capital Bancshares	COM	88224Q107	833	14,000	SH		SOLE		0	0	14,000
Texas Instruments	COM	882508104	782	4,766	SH		SOLE		30	0	4,736
Tortoise North American Pipeli	COM	56167N720	2,888	166,764	SH		SOLE		0	0	166,764
Tristate Capital Holdings Inc	COM	89678F100	343	19,688	SH		SOLE		0	0	19,688
Unilever PLC Sponsored ADR New	COM	904767704	23,309	386,168	SH		SOLE		8,480	0	377,688
United Parcel Svc INC Cl B	COM	911312106	234	1,391	SH		SOLE		0	0	1,391
Unitedhealth Group Inc	COM	91324P102	10,509	29,968	SH		SOLE		1,373	0	28,595
Urstadt Biddle Pptys Inc REIT	COM	917286205	3,539	250,460	SH		SOLE		0	0	250,460
Valero Energy Corp New	COM	91913Y100	265	4,690	SH		SOLE		0	0	4,690
Vaneck Vectors ETF Tr Gold Min	COM	92189F106	1,740	48,300	SH		SOLE		0	0	48,300
Vaneck Vectors Tr ETF Jr Gold	COM	92189F791	4,039	74,470	SH		SOLE		0	0	74,470
Vanguard Index FDS Growth ETF	COM	922908736	450	1,778	SH		SOLE		0	0	1,778
Vanguard Index Fds ETF S&P 500	COM	922908363	953	2,774	SH		SOLE		390	0	2,384
Vanguard Index Fund Vanguard S	COM	922908751	1,061	5,450	SH		SOLE		0	0	5,450
Vanguard Index Funds Vanguard	COM	922908629	786	3,800	SH		SOLE		0	0	3,800
Vanguard Intermediate ETF Term	COM	92206C870	495	5,096	SH		SOLE		0	0	5,096
Vanguard Lrg Cap ETF	COM	922908637	275	1,562	SH		SOLE		0	0	1,562
Vanguard Muni Bd Fds ETF Tax E	COM	922907746	430	7,786	SH		SOLE		0	0	7,786
Vanguard REIT ETF	COM	922908553	527	6,203	SH		SOLE		0	0	6,203
Vanguard Total Intl ETF Bond	COM	92203J407	223	3,815	SH		SOLE		0	0	3,815
Vanguard Total Stock Fund	COM	922908769	1,851	9,508	SH		SOLE		0	0	9,508
Vanguard World Fd Mega Cap 300	COM	921910816	1,059	5,200	SH		SOLE		0	0	5,200
Ventas Inc	COM	92276F100	1,871	38,153	SH		SOLE		0	0	38,153
Verizon Communications	COM	92343V104	1,104	18,786	SH		SOLE		0	0	18,786
Visa Inc Cl A	COM	92826C839	12,259	56,044	SH		SOLE		2,992	0	53,052
Voya Emerging Markets High Div	COM	92912P108	143	19,761	SH		SOLE		0	0	19,761
W W Grainger Inc	COM	384802104	1,225	3,000	SH		SOLE		0	0	3,000
WPX Energy Inc	COM	98212B103	172	21,050	SH		SOLE		0	0	21,050
Walgreens Boots Alliance Inc	COM	931427108	2,329	58,400	SH		SOLE		0	0	58,400
Walmart Inc	COM	931142103	594	4,119	SH		SOLE		0	0	4,119
Walt Disney Company	COM	254687106	1,871	10,326	SH		SOLE		85	0	10,241
Waste Management Inc Del	COM	94106L109	1,102	9,348	SH		SOLE		0	0	9,348
Wells Fargo & Co New	COM	949746101	223	7,396	SH		SOLE		0	0	7,396
Western Asset High Income Oppo	COM	95766K109	49	10,000	SH		SOLE		0	0	10,000
Western Asset Inflation Linked	COM	95766R104	1,341	108,060	SH		SOLE		750	0	107,310
Western Union Co	COM	959802109	2,883	131,402	SH		SOLE		0	0	131,402
Wheaton Precious Metals Corp	COM	962879102	850	20,361	SH		SOLE		0	0	20,361
Williams Companies Inc	COM	969457100	2,255	112,488	SH		SOLE		0	0	112,488
Yum Brands Inc	COM	988498101	238	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	512	28,240	SH		SOLE		0	0	28,240
iShares ETF Russell 1000 Growt	COM	464287614	277	1,150	SH		SOLE		0	0	1,150
iShares ETF Russell Midcap Gro	COM	464287481	337	3,280	SH		SOLE		0	0	3,280
iShares Silver Tr	COM	46428Q109	642	26,125	SH		SOLE		0	0	26,125
iShares Trust Barclays 20 Year	COM	464287432	206	1,308	SH		SOLE		0	0	1,308
iShares Trust iShares Lehman T	COM	464287176	40,406	316,539	SH		SOLE		236	0	316,303
Aspen Ins Ltd Fxd/Fltg Perp Pf	PFD	G05384154	1,027	39,232	SH		SOLE		0	0	39,232
Atlantic Un 6.875 Pfd Bnkshrs	PFD	04911A206	1,033	37,300	SH		SOLE		0	0	37,300
Bank of America Series L Pfd 7	PFD	060505682	11,273	7,423	SH		SOLE		35	0	7,388
Becton Dickinson & Co 6 Pfd S	PFD	075887406	9,653	175,097	SH		SOLE		210	0	174,887
Citigroup Cap Tr Pfd XIII Fixe	PFD	173080201	13,486	473,177	SH		SOLE		415	0	472,762
Cowen Inc Senior Note Pfd 7.35	PFD	223622705	713	28,275	SH		SOLE		0	0	28,275
Flaherty & Crumrine Pfd Income	PFD	33848E106	143	10,925	SH		SOLE		0	0	10,925
Gabelli Dv Inc Tr Prp Ser H Pf	PFD	36242H880	204	7,500	SH		SOLE		0	0	7,500
Gabelli Equity Trust Ser K Pfd	PFD	362397846	1,554	56,950	SH		SOLE		0	0	56,950
Gaslog Partners Fix/Flt Pfd A	PFD	Y2687W116	385	24,075	SH		SOLE		0	0	24,075
Gold Sachs Flt Non-Cum Perp Pf	PFD	38143Y665	600	24,400	SH		SOLE		0	0	24,400
Gold Sachs Flt Non-Cum Perp Pf	PFD	38144G804	1,851	73,355	SH		SOLE		2,025	0	71,330
Keycorp Perp Pfd 5.65 NonCum 1	PFD	493267876	839	30,198	SH		SOLE		0	0	30,198
Merchants Bancorp Fx/Flt A Per	PFD	58844R405	1,719	63,050	SH		SOLE		0	0	63,050
Morgan Stan Fix/Flt Non-Cum Pe	PFD	61763E207	6,284	220,497	SH		SOLE		1,605	0	218,892
Morgan Stanley Pfd Ser A Perp/	PFD	61747S504	2,092	83,844	SH		SOLE		0	0	83,844
New York Banc Fix/Flt Perp Pfd	PFD	649445202	958	33,443	SH		SOLE		0	0	33,443
Nextera Energy Inc C Mty 9-1-2	PFD	65339F739	10,619	206,725	SH		SOLE		410	0	206,315
Nustar Logistics L.P. Due 2043	PFD	67059T204	1,743	81,155	SH		SOLE		0	0	81,155
Regions Fin. A Non-Cum Perp Pf	PFD	7591EP308	1,500	57,320	SH		SOLE		1,795	0	55,525
Regions Fin. B Fx/Flt Perp Pfd	PFD	7591EP506	545	19,375	SH		SOLE		0	0	19,375
Synovus Finl Crp Fix/Flt PerpP	PFD	87161C600	1,088	40,857	SH		SOLE		0	0	40,857
TX Cap Bancshs 6.5 Non-Cum Pe	PFD	882228406	1,397	54,700	SH		SOLE		0	0	54,700
TX Cap Bancshs 6.5 Pfd Note D	PFD	882228307	826	32,554	SH		SOLE		0	0	32,554
Tristate Cap. Fix/Flt Pfd A Pe	PFD	89678F209	2,325	87,850	SH		SOLE		0	0	87,850
US Bancorp Ser K Pfd Fxd 5.50	PFD	902973759	4,604	161,588	SH		SOLE		0	0	161,588
Wells Fargo & CO 7.5 Prp Cnv	PFD	949746804	9,256	6,098	SH		SOLE		8	0	6,090
Wesco Intl Inc Cm Fx/Flt Prp P	PFD	95082P303	2,325	74,400	SH		SOLE		0	0	74,400
Broadcom Inc 8 Pfd Ser A Mand	CONVPFD	11135F200	18,454	12,973	SH		SOLE		0	0	12,973
Hycroft Mining Wts Exp 10/22/2	WT	44862P125	4	10,084	SH		SOLE		0	0	10,084
Blackstone / Gso Senior Floati	FDSTX	09256U105	724	50,917	SH		SOLE		0	0	50,917
Cohen & Steers REIT & Pfd Inco	FDSTX	19247X100	321	14,050	SH		SOLE		0	0	14,050
Eaton Vance Senior Floating Ra	FDSTX	27828Q105	908	71,316	SH		SOLE		0	0	71,316
First Trust/Aberdeen Global Op	FDSTX	337319107	219	20,800	SH		SOLE		0	0	20,800
Invesco Bulletshares 2021 Hi Y	FDSTX	46138J809	250	10,813	SH		SOLE		0	0	10,813
Invesco Bulletshares 2022 Hi Y	FDSTX	46138J874	912	39,075	SH		SOLE		0	0	39,075
Nuveen Credit Strategies Incom	FDSTX	67073D102	2,889	456,320	SH		SOLE		0	0	456,320