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 | 260 | 1,540 | SH | | SOLE | | 1,540 | 0 | 0 |
AGNC INVT CORP | COM | 00123Q104 | 1,331 | 70,371 | SH | | SOLE | | 70,371 | 0 | 0 |
ALPHABET INC | CAP STK CL A | 02079K305 | 407 | 392 | SH | | SOLE | | 392 | 0 | 0 |
ANDEAVOR LOGISTICS LP | COM UNIT LP INT | 03350F106 | 33,548 | 748,678 | SH | | OTR | 1 | 0 | 748,678 | 0 |
ANNALY CAP MGMT INC | COM | 035710409 | 493 | 47,300 | SH | | SOLE | | 47,300 | 0 | 0 |
ANTERO MIDSTREAM PARTNERS LP | UNT LTD PARTN | 03673L103 | 11,155 | 430,863 | SH | | OTR | 1 | 0 | 430,863 | 0 |
APACHE CORP | COM | 037411105 | 267 | 6,931 | SH | | SOLE | | 6,931 | 0 | 0 |
ARMOUR RESIDENTIAL REIT INC | COM NEW | 042315507 | 794 | 34,103 | SH | | SOLE | | 34,103 | 0 | 0 |
AURINIA PHARMACEUTICALS INC | COM | 05156V102 | 114 | 22,003 | SH | | SOLE | | 22,003 | 0 | 0 |
BANK AMER CORP | COM | 060505104 | 780 | 26,000 | SH | | SOLE | | 26,000 | 0 | 0 |
BIOGEN INC | COM | 09062X103 | 288 | 1,050 | SH | | SOLE | | 1,050 | 0 | 0 |
BLACKROCK CORPOR HI YLD FD I | COM | 09255P107 | 2,298 | 217,011 | SH | | SOLE | | 217,011 | 0 | 0 |
BLACKROCK LONG-TERM MUNI ADV | COM | 09250B103 | 362 | 32,000 | SH | | SOLE | | 32,000 | 0 | 0 |
BLACKROCK MUNI INCOME TR II | COM | 09249N101 | 188 | 14,000 | SH | | SOLE | | 14,000 | 0 | 0 |
BLACKROCK MUNIHLDGS NY QLTY | COM | 09255C106 | 625 | 49,685 | SH | | SOLE | | 49,685 | 0 | 0 |
BLACKROCK MUNIYIELD FD INC | COM | 09253W104 | 379 | 28,352 | SH | | SOLE | | 28,352 | 0 | 0 |
BLACKROCK MUNIYIELD NY QLTY | COM | 09255E102 | 601 | 49,843 | SH | | SOLE | | 49,843 | 0 | 0 |
BLACKROCK N Y MUN INCOME TR | SH BEN INT | 09248L106 | 346 | 26,458 | SH | | SOLE | | 26,458 | 0 | 0 |
BLACKSTONE GROUP L P | COM UNIT LTD | 09253U108 | 1,780 | 55,700 | SH | | SOLE | | 55,700 | 0 | 0 |
BOARDWALK PIPELINE PARTNERS | UT LTD PARTNER | 096627104 | 1,020 | 100,515 | SH | | OTR | 1 | 0 | 100,515 | 0 |
BP MIDSTREAM PARTNERS LP | UNIT LTD PTNR | 0556EL109 | 2,925 | 163,936 | SH | | OTR | 1 | 0 | 163,936 | 0 |
BROOKFIELD REAL ASSETS INCOM | SHS BEN INT | 112830104 | 433 | 19,912 | SH | | SOLE | | 19,912 | 0 | 0 |
BUCKEYE PARTNERS L P | UNIT LTD PARTN | 118230101 | 44,012 | 1,177,095 | SH | | OTR | 1 | 0 | 1,177,095 | 0 |
CAESARS ENTMT CORP | NOTE 5.000%10/0 | 127686AA1 | 1,466 | 8,611 | SH | | SOLE | | 8,611 | 0 | 0 |
CAPSTEAD MTG CORP | COM NO PAR | 14067E506 | 99 | 11,450 | SH | | SOLE | | 11,450 | 0 | 0 |
CHIMERA INVT CORP | COM NEW | 16934Q208 | 353 | 20,260 | SH | | SOLE | | 20,260 | 0 | 0 |
COCA COLA CO | COM | 191216100 | 261 | 6,000 | SH | | SOLE | | 6,000 | 0 | 0 |
CRESTWOOD EQUITY PARTNERS LP | UNIT LTD PARTNER | 226344208 | 7,649 | 298,801 | SH | | OTR | 1 | 0 | 298,801 | 0 |
CYS INVTS INC | COM | 12673A108 | 1,027 | 152,894 | SH | | SOLE | | 152,894 | 0 | 0 |
DCP MIDSTREAM LP | COM UT LTD PTN | 23311P100 | 2,293 | 65,293 | SH | | OTR | 1 | 0 | 65,293 | 0 |
DOMINION ENERGY MIDSTRM PRTN | COM UT REP LTD | 257454108 | 2,737 | 178,325 | SH | | OTR | 1 | 0 | 178,325 | 0 |
DOVER CORP | COM | 260003108 | 272 | 2,772 | SH | | SOLE | | 2,772 | 0 | 0 |
DREYFUS MUN INCOME INC | COM | 26201R102 | 162 | 20,000 | SH | | SOLE | | 20,000 | 0 | 0 |
EATON VANCE LTD DUR INCOME F | COM | 27828H105 | 608 | 46,698 | SH | | SOLE | | 46,698 | 0 | 0 |
EATON VANCE NEW YORK MUN BD | COM | 27827Y109 | 473 | 41,139 | SH | | SOLE | | 41,139 | 0 | 0 |
EATON VANCE TAX ADV BD OPT S | COM SH BEN INT | 27829M103 | 620 | 64,583 | SH | | SOLE | | 64,583 | 0 | 0 |
ENBRIDGE ENERGY PARTNERS L P | COM | 29250R106 | 29,742 | 3,085,245 | SH | | OTR | 1 | 0 | 3,085,245 | 0 |
ENBRIDGE INC | COM | 29250N105 | 1,578 | 50,145 | SH | | OTR | 1 | 0 | 50,145 | 0 |
ENERGY TRANSFER EQUITY L P | COM UT LTD PTN | 29273V100 | 13,506 | 950,450 | SH | | OTR | 1 | 0 | 950,450 | 0 |
ENERGY TRANSFER PARTNERS LP | UNIT LTD PRT INT | 29278N103 | 105,281 | 6,490,798 | SH | | OTR | 1 | 0 | 6,490,798 | 0 |
ENERGY TRANSFER PARTNERS LP | UNIT LTD PRT INT | 29278N103 | 1,274 | 78,519 | SH | | SOLE | | 78,519 | 0 | 0 |
ENLINK MIDSTREAM LLC | COM UNIT REP LTD | 29336T100 | 7,703 | 525,769 | SH | | OTR | 1 | 0 | 525,769 | 0 |
ENLINK MIDSTREAM PARTNERS LP | COM UNIT REP LTD | 29336U107 | 32,859 | 2,405,493 | SH | | OTR | 1 | 0 | 2,405,493 | 0 |
ENTERPRISE PRODS PARTNERS L | COM | 293792107 | 30,812 | 1,258,680 | SH | | OTR | 1 | 0 | 1,258,680 | 0 |
EPR PPTYS | CONV PFD 9% SR E | 26884U307 | 572 | 16,400 | SH | | SOLE | | 16,400 | 0 | 0 |
EQT MIDSTREAM PARTNERS LP | UNIT LTD PARTN | 26885B100 | 25,003 | 423,569 | SH | | OTR | 1 | 0 | 423,569 | 0 |
ETFIS SER TR I | INFRAC ACT MLP | 26923G103 | 3,015 | 440,843 | SH | | SOLE | | 440,843 | 0 | 0 |
ETFIS SER TR I | INFRACP REIT PFD | 26923G400 | 3,182 | 131,360 | SH | | SOLE | | 131,360 | 0 | 0 |
EXPRESS SCRIPTS HLDG CO | COM | 30219G108 | 428 | 6,200 | SH | | SOLE | | 6,200 | 0 | 0 |
FEDEX CORP | COM | 31428X106 | 499 | 2,080 | SH | | SOLE | | 2,080 | 0 | 0 |
FIRST TR INTER DUR PFD & IN | COM | 33718W103 | 500 | 21,500 | SH | | SOLE | | 21,500 | 0 | 0 |
GENESIS ENERGY L P | UNIT LTD PARTN | 371927104 | 15,752 | 799,181 | SH | | OTR | 1 | 0 | 799,181 | 0 |
HONEYWELL INTL INC | COM | 438516106 | 231 | 1,600 | SH | | SOLE | | 1,600 | 0 | 0 |
HORIZON TECHNOLOGY FIN CORP | COM | 44045A102 | 172 | 16,540 | SH | | SOLE | | 16,540 | 0 | 0 |
INVESCO ADVANTAGE MUNICIPAL | SH BEN INT | 46132E103 | 1,061 | 99,996 | SH | | SOLE | | 99,996 | 0 | 0 |
INVESCO QUALITY MUNI INC TRS | COM | 46133G107 | 256 | 21,500 | SH | | SOLE | | 21,500 | 0 | 0 |
INVESCO TR INVT GRADE MUNS | COM | 46131M106 | 1,068 | 87,361 | SH | | SOLE | | 87,361 | 0 | 0 |
INVESCO TR INVT GRADE NY MUN | COM | 46131T101 | 1,047 | 81,702 | SH | | SOLE | | 81,702 | 0 | 0 |
IRON MTN INC NEW | COM | 46284V101 | 226 | 6,880 | SH | | SOLE | | 6,880 | 0 | 0 |
ISHARES TR | 20 YR TR BD ETF | 464287432 | 1,219 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |
ISHARES TR | 20 YR TR BD ETF | 464287432 | 73,215 | 601,900 | SH | Call | OTR | 1 | 0 | 601,900 | 0 |
ISHARES TR | S&P US PFD STK | 464288687 | 376 | 10,015 | SH | | SOLE | | 10,015 | 0 | 0 |
ISHARES TR | 20 YR TR BD ETF | 464287432 | 4,866 | 40,000 | SH | Call | SOLE | | 40,000 | 0 | 0 |
JPMORGAN CHASE & CO | ALERIAN ML ETN | 46625H365 | 10,325 | 430,200 | SH | Call | OTR | 1 | 0 | 430,200 | 0 |
KINDER MORGAN INC DEL | COM | 49456B101 | 12,297 | 816,513 | SH | | OTR | 1 | 0 | 816,513 | 0 |
LADDER CAP CORP | CL A | 505743104 | 220 | 14,600 | SH | | SOLE | | 14,600 | 0 | 0 |
LEXINGTON REALTY TRUST | PFD CONV SER C | 529043309 | 238 | 4,900 | SH | | SOLE | | 4,900 | 0 | 0 |
MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 | 35,512 | 608,600 | SH | | OTR | 1 | 0 | 608,600 | 0 |
MARATHON PETE CORP | COM | 56585A102 | 22,051 | 301,608 | SH | | OTR | 1 | 0 | 301,608 | 0 |
MFA FINL INC | COM | 55272X102 | 161 | 21,370 | SH | | SOLE | | 21,370 | 0 | 0 |
MFS HIGH INCOME MUN TR | SH BEN INT | 59318D104 | 215 | 43,737 | SH | | SOLE | | 43,737 | 0 | 0 |
MONSANTO CO NEW | COM | 61166W101 | 488 | 4,182 | SH | | SOLE | | 4,182 | 0 | 0 |
MORGAN STANLEY EM MKTS DM DE | COM | 617477104 | 441 | 56,399 | SH | | SOLE | | 56,399 | 0 | 0 |
MPLX LP | COM UNIT REP LTD | 55336V100 | 67,289 | 2,036,595 | SH | | OTR | 1 | 0 | 2,036,595 | 0 |
NEW MTN FIN CORP | COM | 647551100 | 195 | 14,863 | SH | | SOLE | | 14,863 | 0 | 0 |
NGL ENERGY PARTNERS LP | COM UNIT REPST | 62913M107 | 9,805 | 891,371 | SH | | OTR | 1 | 0 | 891,371 | 0 |
NUSTAR ENERGY LP | UNIT COM | 67058H102 | 688 | 33,720 | SH | | OTR | 1 | 0 | 33,720 | 0 |
NUVEEN AMT FREE MUN CR INC F | COM | 67071L106 | 1,267 | 87,291 | SH | | SOLE | | 87,291 | 0 | 0 |
NUVEEN AMT FREE QLTY MUN INC | COM | 670657105 | 836 | 64,296 | SH | | SOLE | | 64,296 | 0 | 0 |
NUVEEN GLOBAL HIGH INCOME FD | SHS | 67075G103 | 392 | 24,298 | SH | | SOLE | | 24,298 | 0 | 0 |
NUVEEN MUN HIGH INCOME OPP F | COM | 670682103 | 718 | 57,413 | SH | | SOLE | | 57,413 | 0 | 0 |
NUVEEN MUNICIPAL CREDIT INC | COM SH BEN INT | 67070X101 | 803 | 56,801 | SH | | SOLE | | 56,801 | 0 | 0 |
NUVEEN NEW YORK AMT QLT MUNI | COM | 670656107 | 615 | 50,600 | SH | | SOLE | | 50,600 | 0 | 0 |
NUVEEN NEW YORK QLT MUN INC | COM | 67066X107 | 650 | 51,216 | SH | | SOLE | | 51,216 | 0 | 0 |
NUVEEN QUALITY MUNCP INCOME | COM | 67066V101 | 1,204 | 91,591 | SH | | SOLE | | 91,591 | 0 | 0 |
ONEOK INC NEW | COM | 682680103 | 23,129 | 406,351 | SH | | OTR | 1 | 0 | 406,351 | 0 |
PENNANTPARK FLOATING RATE CA | COM | 70806A106 | 263 | 20,100 | SH | | SOLE | | 20,100 | 0 | 0 |
PHILLIPS 66 PARTNERS LP | COM UNIT REP INT | 718549207 | 20,962 | 438,717 | SH | | OTR | 1 | 0 | 438,717 | 0 |
PIMCO DYNMIC CREDIT AND MRT | COM SHS | 72202D106 | 913 | 39,895 | SH | | SOLE | | 39,895 | 0 | 0 |
PIMCO INCOME STRATEGY FUND I | COM | 72201J104 | 909 | 87,110 | SH | | SOLE | | 87,110 | 0 | 0 |
PIMCO NEW YORK MUN INCM FD 1 | COM | 72201E105 | 100 | 11,482 | SH | | SOLE | | 11,482 | 0 | 0 |
PIMCO NY MUNICIPAL INCOME FD | COM | 72200T103 | 239 | 20,616 | SH | | SOLE | | 20,616 | 0 | 0 |
PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 | 5,547 | 251,810 | SH | | OTR | 1 | 0 | 251,810 | 0 |
PROSPECT CAPITAL CORPORATION | COM | 74348T102 | 123 | 18,835 | SH | | SOLE | | 18,835 | 0 | 0 |
PUTNAM MANAGED MUN INCOM TR | COM | 746823103 | 494 | 69,177 | SH | | SOLE | | 69,177 | 0 | 0 |
ROCKWELL COLLINS INC | COM | 774341101 | 529 | 3,923 | SH | | SOLE | | 3,923 | 0 | 0 |
ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 | 447 | 7,000 | SH | | SOLE | | 7,000 | 0 | 0 |
SCANA CORP NEW | COM | 80589M102 | 848 | 22,580 | SH | | SOLE | | 22,580 | 0 | 0 |
SHELL MIDSTREAM PARTNERS L P | UNIT LTD INT | 822634101 | 545 | 25,902 | SH | | OTR | 1 | 0 | 25,902 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 42,104 | 160,000 | SH | Call | SOLE | | 160,000 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 14,473 | 55,000 | SH | Put | SOLE | | 55,000 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 5,710 | 21,700 | SH | | SOLE | | 21,700 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 71,051 | 270,000 | SH | Call | OTR | 1 | 0 | 270,000 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 21,052 | 80,000 | SH | Put | OTR | 1 | 0 | 80,000 | 0 |
SPECTRA ENERGY PARTNERS LP | COM | 84756N109 | 262 | 7,798 | SH | | OTR | 1 | 0 | 7,798 | 0 |
TALLGRASS ENERGY PARTNERS LP | COM UNIT | 874697105 | 13,951 | 368,207 | SH | | OTR | 1 | 0 | 368,207 | 0 |
TARGA RES CORP | COM | 87612G101 | 530 | 12,042 | SH | | OTR | 1 | 0 | 12,042 | 0 |
TC PIPELINES LP | UT COM LTD PRT | 87233Q108 | 5,328 | 153,589 | SH | | OTR | 1 | 0 | 153,589 | 0 |
UNITED STATES OIL FUND LP | UNITS | 91232N108 | 43,417 | 3,316,800 | SH | Call | OTR | 1 | 0 | 3,316,800 | 0 |
UNITED TECHNOLOGIES CORP | COM | 913017109 | 224 | 1,780 | SH | | SOLE | | 1,780 | 0 | 0 |
VECTREN CORP | COM | 92240G101 | 233 | 3,638 | SH | | SOLE | | 3,638 | 0 | 0 |
WESTERN ASSET GLB HI INCOME | COM | 95766B109 | 884 | 93,921 | SH | | SOLE | | 93,921 | 0 | 0 |
WESTERN GAS EQUITY PARTNERS | COMUNT LTD PT | 95825R103 | 6,692 | 202,058 | SH | | OTR | 1 | 0 | 202,058 | 0 |
WESTERN GAS PARTNERS LP | COM UNIT LP IN | 958254104 | 12,170 | 285,209 | SH | | OTR | 1 | 0 | 285,209 | 0 |
WILLIAMS COS INC DEL | COM | 969457100 | 6,669 | 268,265 | SH | | OTR | 1 | 0 | 268,265 | 0 |
WILLIAMS PARTNERS L P NEW | COM UNIT LTD PAR | 96949L105 | 49,701 | 1,443,526 | SH | | OTR | 1 | 0 | 1,443,526 | 0 |
XL GROUP LTD | COM | G98294104 | 580 | 10,500 | SH | | SOLE | | 10,500 | 0 | 0 |