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 |
| ||||||||||||||||||||
| 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 | 8,299 | 419,367 | SH | SOLE | 0 | 0 | 419,367 | ||
| PREFERRED APT CMNTYS | COM | 74039L103 | 1,894 | 350,833 | SH | SOLE | 350,833 | 0 | 0 | ||
| BRAEMAR HOTELS & RES | 5.5 CUM CV PFD B | 10482B200 | 1,750 | 145,192 | SH | SOLE | 0 | 0 | 145,192 | ||
| QTS RLTY TR INC | 6.50% CON PFD B | 74736A301 | 7,892 | 55,794 | SH | SOLE | 0 | 0 | 55,794 | ||
| GLOBAL NET LEASE INC | COM NEW | 379378201 | 6,488 | 408,040 | SH | SOLE | 408,040 | 0 | 0 | ||
| PLYMOUTH INDL REIT I | COM | 729640102 | 4,854 | 393,332 | SH | SOLE | 393,332 | 0 | 0 | ||
| BLACKSTONE MTG TR IN | NOTE 4.375% 5/0 | 09257WAB6 | 6,445 | 6,683,000 | PRN | SOLE | 0 | 0 | 6,683,000 | ||
| RLJ LODGING TR | CUM CONV PFD A | 74965L200 | 6,737 | 293,796 | SH | SOLE | 0 | 0 | 293,796 | ||
| EXTENDED STAY AMER I | UNIT 99/99/9999B | 30224P200 | 8,665 | 725,127 | SH | SOLE | 0 | 0 | 725,127 | ||
| OFFICE PPTYS INCOME | COM SHS BEN INT | 67623C109 | 4,272 | 206,189 | SH | SOLE | 206,189 | 0 | 0 | ||
| CROWN CASTLE INTL CO | COM | 22822V101 | 4,273 | 25,662 | SH | SOLE | 25,662 | 0 | 0 | ||
| CORENERGY INFRASTRUC | NOTE 5.875% 8/1 | 21870UAC0 | 1,498 | 2,025,000 | PRN | SOLE | 0 | 0 | 2,025,000 | ||
| RESOURCE CAP CORP | NOTE 4.500% 8/1 | 76120WAC8 | 2,251 | 2,500,000 | PRN | SOLE | 0 | 0 | 2,500,000 | ||
| BLACKSTONE MTG TR IN | COM CL A | 09257W100 | 9,100 | 414,218 | SH | SOLE | 414,218 | 0 | 0 | ||
| SL GREEN RLTY CORP | COM | 78440X101 | 26,260 | 566,307 | SH | SOLE | 566,307 | 0 | 0 | ||