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 |
AETNA INC NEW | COM | 00817Y108 | 626 | 3,470 | SH | | SOLE | | 3,470 | 0 | 0 |
AGNC INVT CORP | COM | 00123Q104 | 1,278 | 63,291 | SH | | SOLE | | 63,291 | 0 | 0 |
ALPHABET INC | CAP STK CL A | 02079K305 | 528 | 501 | SH | | SOLE | | 501 | 0 | 0 |
AMAZON COM INC | COM | 023135106 | 2,029 | 1,735 | SH | | SOLE | | 1,735 | 0 | 0 |
ANDEAVOR LOGISTICS LP | COM UNIT LP INT | 03350F106 | 33,586 | 727,118 | SH | | OTR | 1 | 0 | 727,118 | 0 |
ANTERO MIDSTREAM PARTNERS LP | UNT LTD PARTN | 03673L103 | 9,643 | 332,072 | SH | | OTR | 1 | 0 | 332,072 | 0 |
ANWORTH MORTGAGE ASSET CP | COM | 037347101 | 61 | 11,180 | SH | | SOLE | | 11,180 | 0 | 0 |
APPLE INC | COM | 037833100 | 425 | 2,514 | SH | | SOLE | | 2,514 | 0 | 0 |
ARMOUR RESIDENTIAL REIT INC | COM NEW | 042315507 | 915 | 35,570 | SH | | SOLE | | 35,570 | 0 | 0 |
AURINIA PHARMACEUTICALS INC | COM | 05156V102 | 87 | 19,303 | SH | | SOLE | | 19,303 | 0 | 0 |
BANK AMER CORP | COM | 060505104 | 887 | 30,050 | SH | | SOLE | | 30,050 | 0 | 0 |
BIOGEN INC | COM | 09062X103 | 1,184 | 3,717 | SH | | SOLE | | 3,717 | 0 | 0 |
BLACKROCK CORPOR HI YLD FD I | COM | 09255P107 | 2,507 | 229,196 | SH | | SOLE | | 229,196 | 0 | 0 |
BLACKROCK LONG-TERM MUNI ADV | COM | 09250B103 | 420 | 35,000 | SH | | SOLE | | 35,000 | 0 | 0 |
BLACKROCK MUNIHLDGS NY QLTY | COM | 09255C106 | 560 | 41,785 | SH | | SOLE | | 41,785 | 0 | 0 |
BLACKROCK MUNIYIELD FD INC | COM | 09253W104 | 412 | 28,352 | SH | | SOLE | | 28,352 | 0 | 0 |
BLACKROCK MUNIYIELD NY QLTY | COM | 09255E102 | 644 | 49,843 | SH | | SOLE | | 49,843 | 0 | 0 |
BLACKROCK N Y MUN INCOME TR | SH BEN INT | 09248L106 | 378 | 26,458 | SH | | SOLE | | 26,458 | 0 | 0 |
BLACKSTONE GROUP L P | COM UNIT LTD | 09253U108 | 2,446 | 76,400 | SH | | SOLE | | 76,400 | 0 | 0 |
BOARDWALK PIPELINE PARTNERS | UT LTD PARTNER | 096627104 | 1,173 | 90,868 | SH | | OTR | 1 | 0 | 90,868 | 0 |
BROOKFIELD REAL ASSETS INCOM | SHS BEN INT | 112830104 | 1,373 | 58,771 | SH | | SOLE | | 58,771 | 0 | 0 |
BUCKEYE PARTNERS L P | UNIT LTD PARTN | 118230101 | 55,454 | 1,119,154 | SH | | OTR | 1 | 0 | 1,119,154 | 0 |
CAESARS ENTMT CORP | COM | 127686103 | 158 | 12,462 | SH | | SOLE | | 12,462 | 0 | 0 |
CALPINE CORP | COM NEW | 131347304 | 157 | 10,400 | SH | | SOLE | | 10,400 | 0 | 0 |
CAPITAL ONE FINL CORP | COM | 14040H105 | 212 | 2,130 | SH | | SOLE | | 2,130 | 0 | 0 |
CAPSTEAD MTG CORP | COM NO PAR | 14067E506 | 110 | 12,700 | SH | | SOLE | | 12,700 | 0 | 0 |
CHARTER COMMUNICATIONS INC N | CL A | 16119P108 | 595 | 1,770 | SH | | SOLE | | 1,770 | 0 | 0 |
CHENIERE ENERGY PARTNERS LP | COM UNIT | 16411Q101 | 1,684 | 56,824 | SH | | OTR | 1 | 0 | 56,824 | 0 |
CHIMERA INVT CORP | COM NEW | 16934Q208 | 448 | 24,220 | SH | | SOLE | | 24,220 | 0 | 0 |
CRESTWOOD EQUITY PARTNERS LP | UNIT LTD PARTNER | 226344208 | 10,455 | 405,248 | SH | | OTR | 1 | 0 | 405,248 | 0 |
CYS INVTS INC | COM | 12673A108 | 754 | 93,854 | SH | | SOLE | | 93,854 | 0 | 0 |
DCP MIDSTREAM LP | COM UT LTD PTN | 23311P100 | 8,419 | 231,739 | SH | | OTR | 1 | 0 | 231,739 | 0 |
DOVER CORP | COM | 260003108 | 337 | 3,340 | SH | | SOLE | | 3,340 | 0 | 0 |
DREYFUS MUN INCOME INC | COM | 26201R102 | 178 | 20,000 | SH | | SOLE | | 20,000 | 0 | 0 |
EATON VANCE LTD DUR INCOME F | COM | 27828H105 | 639 | 46,798 | SH | | SOLE | | 46,798 | 0 | 0 |
EATON VANCE NEW YORK MUN BD | COM | 27827Y109 | 409 | 33,204 | SH | | SOLE | | 33,204 | 0 | 0 |
EATON VANCE TAX ADV BD OPT S | COM SH BEN INT | 27829M103 | 504 | 49,183 | SH | | SOLE | | 49,183 | 0 | 0 |
ENBRIDGE ENERGY PARTNERS L P | COM | 29250R106 | 38,524 | 2,789,570 | SH | | OTR | 1 | 0 | 2,789,570 | 0 |
ENBRIDGE INC | COM | 29250N105 | 1,774 | 45,362 | SH | | OTR | 1 | 0 | 45,362 | 0 |
ENERGY TRANSFER EQUITY L P | COM UT LTD PTN | 29273V100 | 41,948 | 2,430,338 | SH | | OTR | 1 | 0 | 2,430,338 | 0 |
ENERGY TRANSFER PARTNERS LP | UNIT LTD PRT INT | 29278N103 | 1,206 | 67,319 | SH | | SOLE | | 67,319 | 0 | 0 |
ENERGY TRANSFER PARTNERS LP | UNIT LTD PRT INT | 29278N103 | 119,621 | 6,675,255 | SH | | OTR | 1 | 0 | 6,675,255 | 0 |
ENLINK MIDSTREAM LLC | COM UNIT REP LTD | 29336T100 | 8,366 | 475,361 | SH | | OTR | 1 | 0 | 475,361 | 0 |
ENLINK MIDSTREAM PARTNERS LP | COM UNIT REP LTD | 29336U107 | 34,813 | 2,265,010 | SH | | OTR | 1 | 0 | 2,265,010 | 0 |
ENTERPRISE PRODS PARTNERS L | COM | 293792107 | 52,451 | 1,978,550 | SH | | OTR | 1 | 0 | 1,978,550 | 0 |
ENTERPRISE PRODS PARTNERS L | COM | 293792107 | 795 | 30,000 | SH | Call | OTR | 1 | 0 | 30,000 | 0 |
EPR PPTYS | CONV PFD 9% SR E | 26884U307 | 652 | 17,700 | SH | | SOLE | | 17,700 | 0 | 0 |
EQT MIDSTREAM PARTNERS LP | UNIT LTD PARTN | 26885B100 | 30,876 | 422,376 | SH | | OTR | 1 | 0 | 422,376 | 0 |
ETFIS SER TR I | INFRAC ACT MLP | 26923G103 | 3,087 | 358,528 | SH | | SOLE | | 358,528 | 0 | 0 |
ETFIS SER TR I | INFRACP REIT PFD | 26923G400 | 2,949 | 116,007 | SH | | SOLE | | 116,007 | 0 | 0 |
FACEBOOK INC | CL A | 30303M102 | 367 | 2,080 | SH | | SOLE | | 2,080 | 0 | 0 |
FIRST TR INTER DUR PFD & IN | COM | 33718W103 | 585 | 24,000 | SH | | SOLE | | 24,000 | 0 | 0 |
GENESIS ENERGY L P | UNIT LTD PARTN | 371927104 | 15,435 | 690,582 | SH | | OTR | 1 | 0 | 690,582 | 0 |
GREENBRIER COS INC | COM | 393657101 | 257 | 4,830 | SH | | SOLE | | 4,830 | 0 | 0 |
HONEYWELL INTL INC | COM | 438516106 | 828 | 5,400 | SH | | SOLE | | 5,400 | 0 | 0 |
HORIZON TECHNOLOGY FIN CORP | COM | 44045A102 | 186 | 16,540 | SH | | SOLE | | 16,540 | 0 | 0 |
INVESCO ADVANTAGE MUNICIPAL | SH BEN INT | 46132E103 | 884 | 77,675 | SH | | SOLE | | 77,675 | 0 | 0 |
INVESCO QUALITY MUNI INC TRS | COM | 46133G107 | 269 | 21,500 | SH | | SOLE | | 21,500 | 0 | 0 |
INVESCO TR INVT GRADE MUNS | COM | 46131M106 | 852 | 64,661 | SH | | SOLE | | 64,661 | 0 | 0 |
INVESCO TR INVT GRADE NY MUN | COM | 46131T101 | 824 | 60,042 | SH | | SOLE | | 60,042 | 0 | 0 |
IRON MTN INC NEW | COM | 46284V101 | 260 | 6,880 | SH | | SOLE | | 6,880 | 0 | 0 |
ISHARES TR | 20 YR TR BD ETF | 464287432 | 1,015 | 8,000 | SH | | SOLE | | 8,000 | 0 | 0 |
ISHARES TR | 20 YR TR BD ETF | 464287432 | 634 | 5,000 | SH | Call | SOLE | | 5,000 | 0 | 0 |
ISHARES TR | 20 YR TR BD ETF | 464287432 | 21,059 | 166,000 | SH | Call | OTR | 1 | 0 | 166,000 | 0 |
ISHARES TR | S&P US PFD STK | 464288687 | 381 | 10,015 | SH | | SOLE | | 10,015 | 0 | 0 |
JPMORGAN CHASE & CO | ALERIAN ML ETN | 46625H365 | 27,333 | 995,000 | SH | Call | OTR | 1 | 0 | 995,000 | 0 |
KINDER MORGAN INC DEL | COM | 49456B101 | 13,340 | 738,263 | SH | | OTR | 1 | 0 | 738,263 | 0 |
LEXINGTON REALTY TRUST | PFD CONV SER C | 529043309 | 257 | 5,000 | SH | | SOLE | | 5,000 | 0 | 0 |
MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 | 32,352 | 456,042 | SH | | OTR | 1 | 0 | 456,042 | 0 |
MARATHON PETE CORP | COM | 56585A102 | 1,816 | 27,528 | SH | | OTR | 1 | 0 | 27,528 | 0 |
MFA FINL INC | COM | 55272X102 | 169 | 21,370 | SH | | SOLE | | 21,370 | 0 | 0 |
MFS HIGH INCOME MUN TR | SH BEN INT | 59318D104 | 229 | 43,737 | SH | | SOLE | | 43,737 | 0 | 0 |
MONSANTO CO NEW | COM | 61166W101 | 616 | 5,272 | SH | | SOLE | | 5,272 | 0 | 0 |
MORGAN STANLEY | COM NEW | 617446448 | 403 | 7,680 | SH | | SOLE | | 7,680 | 0 | 0 |
MORGAN STANLEY EM MKTS DM DE | COM | 617477104 | 442 | 57,399 | SH | | SOLE | | 57,399 | 0 | 0 |
MPLX LP | COM UNIT REP LTD | 55336V100 | 36,175 | 1,019,890 | SH | | OTR | 1 | 0 | 1,019,890 | 0 |
NEW MTN FIN CORP | COM | 647551100 | 174 | 12,863 | SH | | SOLE | | 12,863 | 0 | 0 |
NGL ENERGY PARTNERS LP | COM UNIT REPST | 62913M107 | 11,324 | 805,944 | SH | | OTR | 1 | 0 | 805,944 | 0 |
NUSTAR ENERGY LP | UNIT COM | 67058H102 | 9,267 | 309,423 | SH | | OTR | 1 | 0 | 309,423 | 0 |
NUVEEN AMT FREE MUN CR INC F | COM | 67071L106 | 1,234 | 79,898 | SH | | SOLE | | 79,898 | 0 | 0 |
NUVEEN AMT FREE QLTY MUN INC | COM | 670657105 | 884 | 64,296 | SH | | SOLE | | 64,296 | 0 | 0 |
NUVEEN GLOBAL HIGH INCOME FD | SHS | 67075G103 | 411 | 24,298 | SH | | SOLE | | 24,298 | 0 | 0 |
NUVEEN MUN HIGH INCOME OPP F | COM | 670682103 | 781 | 57,413 | SH | | SOLE | | 57,413 | 0 | 0 |
NUVEEN MUNICIPAL CREDIT INC | COM SH BEN INT | 67070X101 | 866 | 56,801 | SH | | SOLE | | 56,801 | 0 | 0 |
NUVEEN NEW YORK AMT QLT MUNI | COM | 670656107 | 656 | 50,600 | SH | | SOLE | | 50,600 | 0 | 0 |
NUVEEN NEW YORK QLT MUN INC | COM | 67066X107 | 610 | 44,119 | SH | | SOLE | | 44,119 | 0 | 0 |
NUVEEN QUALITY MUNCP INCOME | COM | 67066V101 | 1,203 | 85,591 | SH | | SOLE | | 85,591 | 0 | 0 |
ONEOK INC NEW | COM | 682680103 | 34,013 | 636,359 | SH | | OTR | 1 | 0 | 636,359 | 0 |
PENNANTPARK FLOATING RATE CA | COM | 70806A106 | 244 | 17,800 | SH | | SOLE | | 17,800 | 0 | 0 |
PHILLIPS 66 PARTNERS LP | COM UNIT REP INT | 718549207 | 19,442 | 371,393 | SH | | OTR | 1 | 0 | 371,393 | 0 |
PIMCO DYNMIC CREDIT AND MRT | COM SHS | 72202D106 | 421 | 18,775 | SH | | SOLE | | 18,775 | 0 | 0 |
PIMCO INCOME STRATEGY FUND I | COM | 72201J104 | 596 | 57,110 | SH | | SOLE | | 57,110 | 0 | 0 |
PIMCO NY MUNICIPAL INCOME FD | COM | 72200T103 | 185 | 14,499 | SH | | SOLE | | 14,499 | 0 | 0 |
PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 | 17,460 | 845,907 | SH | | OTR | 1 | 0 | 845,907 | 0 |
PROCTER AND GAMBLE CO | COM | 742718109 | 379 | 4,128 | SH | | SOLE | | 4,128 | 0 | 0 |
PROSPECT CAPITAL CORPORATION | COM | 74348T102 | 127 | 18,835 | SH | | SOLE | | 18,835 | 0 | 0 |
PUTNAM MANAGED MUN INCOM TR | COM | 746823103 | 445 | 60,077 | SH | | SOLE | | 60,077 | 0 | 0 |
ROCKWELL AUTOMATION INC | COM | 773903109 | 548 | 2,790 | SH | | SOLE | | 2,790 | 0 | 0 |
ROCKWELL COLLINS INC | COM | 774341101 | 206 | 1,517 | SH | | SOLE | | 1,517 | 0 | 0 |
ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 | 364 | 5,457 | SH | | SOLE | | 5,457 | 0 | 0 |
SHELL MIDSTREAM PARTNERS L P | UNIT LTD INT | 822634101 | 699 | 23,456 | SH | | OTR | 1 | 0 | 23,456 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 515 | 1,930 | SH | | SOLE | | 1,930 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 28,020 | 105,000 | SH | Put | SOLE | | 105,000 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 6,992 | 26,200 | SH | Call | SOLE | | 26,200 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 88,064 | 330,000 | SH | Put | OTR | 1 | 0 | 330,000 | 0 |
SPECTRA ENERGY PARTNERS LP | COM | 84756N109 | 1,154 | 29,173 | SH | | OTR | 1 | 0 | 29,173 | 0 |
STONECASTLE FINL CORP | COM | 861780104 | 324 | 16,100 | SH | | SOLE | | 16,100 | 0 | 0 |
TALLGRASS ENERGY PARTNERS LP | COM UNIT | 874697105 | 12,208 | 266,252 | SH | | OTR | 1 | 0 | 266,252 | 0 |
TARGA RES CORP | COM | 87612G101 | 5,723 | 118,202 | SH | | OTR | 1 | 0 | 118,202 | 0 |
TC PIPELINES LP | UT COM LTD PRT | 87233Q108 | 8,558 | 161,169 | SH | | OTR | 1 | 0 | 161,169 | 0 |
TENET HEALTHCARE CORP | COM NEW | 88033G407 | 191 | 12,600 | SH | | SOLE | | 12,600 | 0 | 0 |
UNITED STATES NATL GAS FUND | UNIT PAR $0.001 | 912318201 | 16,309 | 2,797,500 | SH | Call | OTR | 1 | 0 | 2,797,500 | 0 |
UNITED STATES OIL FUND LP | UNITS | 91232N108 | 362 | 30,100 | SH | | SOLE | | 30,100 | 0 | 0 |
UNITED STATES OIL FUND LP | UNITS | 91232N108 | 15,558 | 1,295,400 | SH | Call | OTR | 1 | 0 | 1,295,400 | 0 |
VECTREN CORP | COM | 92240G101 | 237 | 3,638 | SH | | SOLE | | 3,638 | 0 | 0 |
VISTRA ENERGY CORP | COM | 92840M102 | 233 | 12,700 | SH | | SOLE | | 12,700 | 0 | 0 |
WELLTOWER INC | 6.50% PFD PREPET | 95040Q203 | 1,568 | 26,191 | SH | | OTR | 1 | 0 | 26,191 | 0 |
WESTERN ASSET GLB HI INCOME | COM | 95766B109 | 991 | 96,921 | SH | | SOLE | | 96,921 | 0 | 0 |
WESTERN GAS EQUITY PARTNERS | COMUNT LTD PT | 95825R103 | 6,788 | 182,670 | SH | | OTR | 1 | 0 | 182,670 | 0 |
WESTERN GAS PARTNERS LP | COM UNIT LP IN | 958254104 | 3,624 | 75,356 | SH | | OTR | 1 | 0 | 75,356 | 0 |
WILLIAMS COS INC DEL | COM | 969457100 | 7,707 | 252,779 | SH | | OTR | 1 | 0 | 252,779 | 0 |
WILLIAMS PARTNERS L P NEW | COM UNIT LTD PAR | 96949L105 | 80,139 | 2,066,498 | SH | | OTR | 1 | 0 | 2,066,498 | 0 |