The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it 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 |
| EPR PPTYS | PFD C CNV 5.75% | 26884U208 | 15,164 | 456,896 | SH | SOLE | 0 | 0 | 456,896 | ||
| PREFERRED APT CMNTYS | COM | 74039L103 | 3,384 | 234,187 | SH | SOLE | 234,187 | 0 | 0 | ||
| SUN CMNTYS INC | COM | 866674104 | 10,646 | 71,716 | SH | SOLE | 71,716 | 0 | 0 | ||
| BRAEMAR HOTELS & RES | 5.5 CUM CV PFD B | 10482B200 | 5,443 | 261,019 | SH | SOLE | 0 | 0 | 261,019 | ||
| QTS RLTY TR INC | 6.50% CON PFD B | 74736A301 | 9,262 | 76,240 | SH | SOLE | 0 | 0 | 76,240 | ||
| TPG RE FIN TR INC | COM | 87266M107 | 9,234 | 465,444 | SH | SOLE | 465,444 | 0 | 0 | ||
| CROWN CASTLE INTL CO | 6.875% CON PFD A | 22822V309 | 7,942 | 6,292 | SH | SOLE | 0 | 0 | 6,292 | ||
| LEXINGTON REALTY TRU | PFD CONV SER C | 529043309 | 2,523 | 43,903 | SH | SOLE | 0 | 0 | 43,903 | ||
| GLOBAL NET LEASE INC | COM NEW | 379378201 | 5,587 | 286,522 | SH | SOLE | 286,522 | 0 | 0 | ||
| PLYMOUTH INDL REIT I | COM | 729640102 | 9,314 | 508,380 | SH | SOLE | 508,380 | 0 | 0 | ||
| MGM GROWTH PPTYS LLC | CL A COM | 55303A105 | 7,494 | 249,370 | SH | SOLE | 249,370 | 0 | 0 | ||
| LAMAR ADVERTISING CO | CL A | 512816109 | 6,515 | 79,514 | SH | SOLE | 0 | 0 | 79,514 | ||
| ALEXANDRIA REAL ESTA | COM | 015271109 | 6,965 | 45,216 | SH | SOLE | 45,216 | 0 | 0 | ||
| ARBOR RLTY TR INC | COM | 038923108 | 4,228 | 322,523 | SH | SOLE | 322,523 | 0 | 0 | ||
| BLACKSTONE MTG TR IN | COM CL A | 09257W100 | 2,733 | 76,238 | SH | SOLE | 76,238 | 0 | 0 | ||
| VIRTUS INVT PARTNERS | PFD CV SER D | 92828Q208 | 367 | 3,804 | SH | SOLE | 0 | 0 | 3,804 | ||
| NEW YORK CMNTY CAP T | UNIT 11/01/2051 | 64944P307 | 296 | 5,888 | SH | SOLE | 0 | 0 | 5,888 | ||
| CAPITALA FIN CORP | 5.75% NT CV 22 | 14054R403 | 394 | 16,040 | SH | SOLE | 0 | 0 | 16,040 | ||
| EL PASO ENERGY CAP T | PFD CV TR SECS | 283678209 | 958 | 18,504 | SH | SOLE | 0 | 0 | 18,504 | ||
| EQUITY COMWLTH | CUM PFD S D 6.5% | 294628201 | 540 | 19,227 | SH | SOLE | 0 | 0 | 19,227 | ||
| AMERICAN ELEC PWR CO | UNIT 03/15/2022 | 025537127 | 1,755 | 31,953 | SH | SOLE | 0 | 0 | 31,953 | ||
| DANAHER CORPORATION | 4.75 MND CV PFD | 235851300 | 702 | 609 | SH | SOLE | 0 | 0 | 609 | ||
| SL GREEN RLTY CORP | COM | 78440X101 | 19,906 | 243,495 | SH | SOLE | 243,495 | 0 | 0 | ||