| 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 |
| ABERDEEN ASIA-PACIFIC INCOME FD INC COM | COM | 003009107 | 27,537 | 5,378,389 | SH | | SOLE | N/A | 5,378,389 | 0 | 0 |
| ALLIANCEBERSTEIN GLOBAL HIGH INCOME FD INC | COM | 01879R106 | 34,524 | 2,737,811 | SH | | SOLE | N/A | 2,737,811 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 | 839 | 13,262 | SH | | SOLE | N/A | 13,262 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | 646 | 771 | SH | | SOLE | N/A | 771 | 0 | 0 |
| APPLE INC COM | COM | 037833100 | 960 | 8,490 | SH | | SOLE | N/A | 8,490 | 0 | 0 |
| ARES CAP CORP COM | COM | 04010L103 | 12,478 | 805,062 | SH | | SOLE | N/A | 805,062 | 0 | 0 |
| AT&T INC COM | COM | 00206R102 | 1,286 | 31,660 | SH | | SOLE | N/A | 31,660 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | CL B NEW | 084670702 | 286 | 1,977 | SH | | SOLE | N/A | 1,977 | 0 | 0 |
| BLACKROCK CREDIT ALLOCATION INCOME TR IV I | COM | 092508100 | 11,579 | 867,358 | SH | | SOLE | N/A | 867,358 | 0 | 0 |
| BLACKSTONE MTG TR INC COM CL A | COM CL A | 09257W100 | 8,658 | 293,984 | SH | | SOLE | N/A | 293,984 | 0 | 0 |
| CALAMOS GLOBAL DYNAMIC INCOME FD COM SHS B | COM | 12811L107 | 4,326 | 576,012 | SH | | SOLE | N/A | 576,012 | 0 | 0 |
| CALAMOS STRATEGIC TOTAL RETURN FD COM SH B | COM SH BEN INT | 128125101 | 3,651 | 355,163 | SH | | SOLE | N/A | 355,163 | 0 | 0 |
| CBRE CLARION GLOBAL REAL ESTATE INCOME FD | COM | 12504G100 | 16,366 | 1,948,277 | SH | | SOLE | N/A | 1,948,277 | 0 | 0 |
| COHEN & STEERS INFRASTRUCTURE FD INC COM | COM | 19248A109 | 18,123 | 841,377 | SH | | SOLE | N/A | 841,377 | 0 | 0 |
| COHEN & STEERS QUALITY INCOME RLTY FD INC | COM | 19247L106 | 21,444 | 1,608,715 | SH | | SOLE | N/A | 1,608,715 | 0 | 0 |
| COHEN & STEERS REIT & PFD INCOME FD INC CO | COM | 19247X100 | 33,894 | 1,682,092 | SH | | SOLE | N/A | 1,682,092 | 0 | 0 |
| DOUBLELINE INCOME SOLUTIONS FD | COM | 258622109 | 36,565 | 1,909,375 | SH | | SOLE | N/A | 1,909,375 | 0 | 0 |
| EATON VANCE TAX ADVANTAGED DIVID INCOME FU | COM | 27828G107 | 359 | 17,814 | SH | | SOLE | N/A | 17,814 | 0 | 0 |
| ELI LILLY & CO COM | COM | 532457108 | 1,713 | 21,348 | SH | | SOLE | N/A | 21,348 | 0 | 0 |
| ENERGY TRANSFER PARTNERS L P UNIT LTD PART | UNIT LTD PARTN | 29273R109 | 500 | 13,503 | SH | | SOLE | N/A | 13,503 | 0 | 0 |
| EXXON MOBIL CORP COM | COM | 30231G102 | 1,017 | 11,652 | SH | | SOLE | N/A | 11,652 | 0 | 0 |
| FACEBOOK INC CL A | CL A | 30303M102 | 386 | 3,007 | SH | | SOLE | N/A | 3,007 | 0 | 0 |
| FIRST TR ENHANCED EQUITY INCOME FD COM | COM | 337318109 | 297 | 22,244 | SH | | SOLE | N/A | 22,244 | 0 | 0 |
| GENERAL ELECTRIC CO COM | COM | 369604103 | 273 | 9,222 | SH | | SOLE | N/A | 9,222 | 0 | 0 |
| GENERAL MILLS INC COM | COM | 370334104 | 360 | 5,635 | SH | | SOLE | N/A | 5,635 | 0 | 0 |
| GENERAL MNY MKT FUND | MONEY MARKET | 370990228 | 47,364 | 47,363,642 | SH | | SOLE | N/A | 47,363,642 | 0 | 0 |
| GOLAR LNG PARTNERS LP PARTNERS | COM UNIT LPI | Y2745C102 | 14,950 | 761,573 | SH | | SOLE | N/A | 761,573 | 0 | 0 |
| INVESCO VAN KAMPEN DYNAMIC CR OPP FD COM | COM | 46132R104 | 996 | 84,717 | SH | | SOLE | N/A | 84,717 | 0 | 0 |
| JOHNSON & JOHNSON COM | COM | 478160104 | 427 | 3,616 | SH | | SOLE | N/A | 3,616 | 0 | 0 |
| KBS REAL ESTATE INVT TR INC COM | COM | 481990901 | 315 | 80,000 | SH | | SOLE | N/A | 80,000 | 0 | 0 |
| MERCK & CO INC NEW COM | COM | 58933Y105 | 287 | 4,603 | SH | | SOLE | N/A | 4,603 | 0 | 0 |
| MICROSOFT CORP COM | COM | 594918104 | 277 | 4,802 | SH | | SOLE | N/A | 4,802 | 0 | 0 |
| NUVEEN FLOATING RATE INCOME FUND | COM | 67072T108 | 3,393 | 307,572 | SH | | SOLE | N/A | 307,572 | 0 | 0 |
| NUVEEN GLOBAL HIGH INCOME FD SHS | SHS | 67075G103 | 7,048 | 448,948 | SH | | SOLE | N/A | 448,948 | 0 | 0 |
| NUVEEN MULTI STRATEGY & INCOME GROWTH FD 2 | COM SHS | 67073D102 | 251 | 29,619 | SH | | SOLE | N/A | 29,619 | 0 | 0 |
| NUVEEN PFD INCOME | COM | 67073B106 | 15,335 | 1,530,470 | SH | | SOLE | N/A | 1,530,470 | 0 | 0 |
| OGE ENERGY CORP | COM | 670837103 | 343 | 10,834 | SH | | SOLE | N/A | 10,834 | 0 | 0 |
| PHILIP MORRIS INTL INC COM | COM | 718172109 | 625 | 6,428 | SH | | SOLE | N/A | 6,428 | 0 | 0 |
| PIMCO DYNAMIC CREDIT INCOME FD COM SHS | COM SHS | 72202D106 | 42,712 | 2,094,747 | SH | | SOLE | N/A | 2,094,747 | 0 | 0 |
| PROCTER & GAMBLE CO COM | COM | 742718109 | 511 | 5,699 | SH | | SOLE | N/A | 5,699 | 0 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 | 6,946 | 308,457 | SH | | SOLE | N/A | 308,457 | 0 | 0 |
| TEXAS INSTRUMENTS INC | COM | 882508104 | 3,363 | 47,915 | SH | | SOLE | N/A | 47,915 | 0 | 0 |
| TRIANGLE CAPITAL CORP | COM | 895848109 | 10,719 | 544,136 | SH | | SOLE | N/A | 544,136 | 0 | 0 |
| VISA INC COM CL A | COM CL A | 92826C839 | 588 | 7,115 | SH | | SOLE | N/A | 7,115 | 0 | 0 |
| WESTERN ASSET EMERGING MARKETS INCOME FD I | COM | 95766E103 | 18,910 | 1,642,899 | SH | | SOLE | N/A | 1,642,899 | 0 | 0 |
| WESTERN ASSET EMERGING MKTS DEBT FD INC CO | COM | 95766A101 | 10,298 | 633,320 | SH | | SOLE | N/A | 633,320 | 0 | 0 |
| WESTERN ASSET GLOBAL CORP DEFINED OPPTNTY | COM | 95790C107 | 946 | 53,472 | SH | | SOLE | N/A | 53,472 | 0 | 0 |
| HARNETT HEALTH SYS INC ADJ RATE HOSPITAL BD SER 2011A | COPORATE BOND | 41333PAA4 | 3,504 | 3,500,000 | PRN | | SOLE | N/A | 3,500,000 | 0 | 0 |
| MICHIGAN TOB SETTLEMENT FIN AUTH TOB SETTLEMENT ASSET BACKED REV ASSET | ZERO COUPON BOND | 594751AH2 | 279 | 7,000,000 | PRN | | SOLE | N/A | 7,000,000 | 0 | 0 |
| ARIZONA ST HLTH FACS AUTH HLTH CARE FACS REVENUE BEATITUDES CAMPUS PROJ | MUNICIPAL BOND | 04050DAJ1 | 4,802 | 4,800,000 | PRN | | SOLE | N/A | 4,800,000 | 0 | 0 |
| BAY CNTY FLA EDL FAC REV BAY HAVEN CHARTER ACADEMY | MUNICIPAL BOND | 072222AJ1 | 1,676 | 1,560,000 | PRN | | SOLE | N/A | 1,560,000 | 0 | 0 |
| CALIFORNIA ST STWD COMMUNITY DEV AUTH EDU FAC REVENUE INDEPENDENCE PROJ | MUNICIPAL BOND | 13079HAG6 | 6,124 | 6,865,000 | PRN | | SOLE | N/A | 6,865,000 | 0 | 0 |
| CAMERON TX EDU CORP REVENUE FAITH FAMILY ACADEMY - SERIES A | MUNICIPAL BOND | 133582AN6 | 1,875 | 1,875,000 | PRN | | SOLE | N/A | 1,875,000 | 0 | 0 |
| CAP TR AGY FL PRITY FIRST MTG REV SILV CREEK ST AUG PJ-A 5.75% 01/01/50 | MUNICIPAL BOND | 14053PAA9 | 600 | 600,000 | PRN | | SOLE | N/A | 600,000 | 0 | 0 |
| CAP TR AGY FL PRITY FIRST MTG REV TXBL-SILV CRK ST AUG SER B-7% 01/01/35 | MUNICIPAL BOND | 14053PAB7 | 300 | 300,000 | PRN | | SOLE | N/A | 300,000 | 0 | 0 |
| CAPITAL TR AGY FLA REV 1ST MTG-SILVER CREEK ST. AUGUSTINE PROJ | MUNICIPAL BOND | 14052WBV8 | 2,282 | 2,600,000 | PRN | | SOLE | N/A | 2,600,000 | 0 | 0 |
| CAPITAL TR AGY FLA REV TAXABLE 1ST MTG-SILVER CREEK ST. AUGUSTINE PROJ | MUNICIPAL BOND | 14052WBX4 | 850 | 975,000 | PRN | | SOLE | N/A | 975,000 | 0 | 0 |
| COLORADO ST EDUCATION & CULTURAL FACS AUTH - ATLAS PREP CHARTER SCHOOL | MUNICIPAL BOND | 19645RC25 | 1,456 | 1,425,000 | PRN | | SOLE | N/A | 1,425,000 | 0 | 0 |
| DUTCHESS CNTY NY INDL DEV AGY-ELANT FISHKILL | MUNICIPAL BOND | 267041FP1 | 4,073 | 4,080,000 | PRN | | SOLE | N/A | 4,080,000 | 0 | 0 |
| FANNIN CNTY TX PUBLIC FAC CORP REVENUE TXBLE | MUNICIPAL BOND | 307149AM6 | 2,377 | 2,500,000 | PRN | | SOLE | N/A | 2,500,000 | 0 | 0 |
| FANNIN CNTY TX PUBLIC FAC CORP REVENUE TXBLE-REF | MUNICIPAL BOND | 307149AN4 | 618 | 650,000 | PRN | | SOLE | N/A | 650,000 | 0 | 0 |
| FL CHARTER SCHOOL REVENUE RIVER CITY EDU SVCS INC PROJ- SER A | MUNICIPAL BOND | 140539AC1 | 1,618 | 1,555,000 | PRN | | SOLE | N/A | 1,555,000 | 0 | 0 |
| FL CHARTER SCHOOL REVENUE RIVER CITY EDU SVCS INC PROJ-SER A | MUNICIPAL BOND | 140539AB3 | 644 | 620,000 | PRN | | SOLE | N/A | 620,000 | 0 | 0 |
| FL CHARTER SCHOOL REVENUE TAXABLE RIVER CITY EDY SVCS INC PROJ -SER B | MUNICIPAL BOND | 140539AD9 | 807 | 810,000 | PRN | | SOLE | N/A | 810,000 | 0 | 0 |
| FLORIDA DEV RENAISSANCE CHARTER SCH INC PROJS-SER A 6.125% 06/15/46 | MUNICIPAL BOND | 34061UBV9 | 1,055 | 1,000,000 | PRN | | SOLE | N/A | 1,000,000 | 0 | 0 |
| HUDSON CNTY NJ IMPT AUTH REV TAXABLE | MUNICIPAL BOND | 44372RCY2 | 1,313 | 1,225,000 | PRN | | SOLE | N/A | 1,225,000 | 0 | 0 |
| IRVING TX HOTEL OCCUPANCY TAX REV TXBL SER A | MUNICIPAL BOND | 463805BQ3 | 2,083 | 1,875,000 | PRN | | SOLE | N/A | 1,875,000 | 0 | 0 |
| LA VERNIA TX HIGHER EDU FIN CORP REVENUE SOUTHWEST WINNERS FNDTN INC - A | MUNICIPAL BOND | 505237AH0 | 1,815 | 1,815,000 | PRN | | SOLE | N/A | 1,815,000 | 0 | 0 |
| MOUNT ORAB OH PORT AUTH AUTOMALL PROJECT - 6.750% TAXABLE 12/01/36 | MUNICIPAL BOND | 622266AA2 | 5,591 | 5,560,000 | PRN | | SOLE | N/A | 5,560,000 | 0 | 0 |
| OHIO CNTY W VA CNTY COMMN SPL DIST EXCISE TAX REV RFDG-TAXABLE-SER A 5.0 | MUNICIPAL BOND | 67732PDB1 | 2,661 | 2,575,000 | PRN | | SOLE | N/A | 2,575,000 | 0 | 0 |
| OHIO CNTY WV CNTY COMMISSIN SPL DIST EXCISE TAX REVENUE | MUNICIPAL BOND | 67732PCP1 | 745 | 700,000 | PRN | | SOLE | N/A | 700,000 | 0 | 0 |
| PIMA CNTY AZ INDL DEV AUTH EDU REVENUE AMERICAN CHARTER SCH FDNT A | MUNICIPAL BOND | 72177MJP3 | 5,731 | 5,850,000 | PRN | | SOLE | N/A | 5,850,000 | 0 | 0 |
| PIMA CNTY AZ INDL DEV AUTH EDU REVENUE GRIFFIN FNDTN PROJ SER A | MUNICIPAL BOND | 72177MJQ1 | 4,748 | 4,745,000 | PRN | | SOLE | N/A | 4,745,000 | 0 | 0 |
| PIMA CNTY AZ INDL DEV AUTH EDU REVENUE GRIFFIN FNDTN PROJ SER B | MUNICIPAL BOND | 72177MJR9 | 700 | 700,000 | PRN | | SOLE | N/A | 700,000 | 0 | 0 |
| PIMA CNTY AZ INDL DEV AUTH EDU REVENUE ODYSSEY PREP | MUNICIPAL BOND | 72177PAZ3 | 2,011 | 2,000,000 | PRN | | SOLE | N/A | 2,000,000 | 0 | 0 |
| PRAIRIELAND DETENTION CENTER PROJ - PUB FAC CORP TEXAS PROJ REV TAXABLE | MUNICIPAL BOND | 73972CAN4 | 5,736 | 6,380,000 | PRN | | SOLE | N/A | 6,380,000 | 0 | 0 |
| PUBLIC FIN AITH WIS ED REV TRIAD EDUCATION SERVICES INC-TXBL SER B | MUNICIPAL BOND | 74442EAY6 | 461 | 460,000 | PRN | | SOLE | N/A | 460,000 | 0 | 0 |
| PUBLIC FIN AUTH WIS ED REV TAX-CORNERSTONE CHRTR ACADEMY 6.5% 2/1/26 DTD | MUNICIPAL BOND | 74442EBL3 | 2,003 | 2,000,000 | PRN | | SOLE | N/A | 2,000,000 | 0 | 0 |
| PUBLIC FIN AUTH WIS ED REV TRIAD EDUCATION SERVICES INC | MUNICIPAL BOND | 74442EAX8 | 1,932 | 1,850,000 | PRN | | SOLE | N/A | 1,850,000 | 0 | 0 |
| RED RIVER TX HLTH FAC DEV CORP FIRST MTGE REV PARKVIEW HOLLYBROOK | MUNICIPAL BOND | 75687RAH5 | 1,917 | 3,200,000 | PRN | | SOLE | N/A | 3,200,000 | 0 | 0 |
| RED RIVER TX HLTH FAC DEV CORP FIRST MTGE REV TXBL PARKVIEW HOLLYBROOK | MUNICIPAL BOND | 75687RAL6 | 3,447 | 5,755,000 | PRN | | SOLE | N/A | 5,755,000 | 0 | 0 |
| RIVERHEAD NY IDA ECONOMIC JOB DEV CORP EDL REV TAXABLE 7.65% 08/01/34 | MUNICIPAL BOND | 76876RAN1 | 4,170 | 4,520,000 | PRN | | SOLE | N/A | 4,520,000 | 0 | 0 |
| SAN LUIS ARIZ FAC DEV CORP REV RFDG-TAXABLE-SR LIEN-SAN LUIS REGL 7.250% | MUNICIPAL BOND | 79854SAS8 | 2,075 | 2,310,000 | PRN | | SOLE | N/A | 2,310,000 | 0 | 0 |
| TANGIPAHOA PARISH LA HOSP SVC DIST NO 1 HOSP REV TAXABLE-NORTH OAKS | MUNICIPAL BOND | 875518EL2 | 752 | 690,000 | PRN | | SOLE | N/A | 690,000 | 0 | 0 |
| TULANE UNIV LA RFDG-TULANE UNIV-C 0.523% 02/15/36 B/E DTD 05/31/07 CLB | MUNICIPAL BOND | 899062BQ5 | 853 | 950,000 | PRN | | SOLE | N/A | 950,000 | 0 | 0 |
| WARREN CNTY KY HOTEL TAX REV BUILD AMER BDS-DIRECT PMT | MUNICIPAL BOND | 934866BF0 | 564 | 515,000 | PRN | | SOLE | N/A | 515,000 | 0 | 0 |
| WHEELING JESUIT UNIV INC WV SER 2006-C 7.75% 6/1/32 TAXABLE REF BD | MUNICIPAL BOND | 963131AA5 | 250 | 250,000 | PRN | | SOLE | N/A | 250,000 | 0 | 0 |
| WHEELING JESUIT UNIV INC WV SER 2006-C TAXABLE REF BD | MUNICIPAL BOND | 963131AM9 | 235 | 235,000 | PRN | | SOLE | N/A | 235,000 | 0 | 0 |
| WHEELING JESUIT UNIV INC WV SER 2006-C TAXABLE REF BD | MUNICIPAL BOND | 963131AL1 | 445 | 445,000 | PRN | | SOLE | N/A | 445,000 | 0 | 0 |
| WHEELING JESUIT UNIV INC WV SER 2006-C TAXABLE REF BD | MUNICIPAL BOND | 963131AQ0 | 1,126 | 1,125,000 | PRN | | SOLE | N/A | 1,125,000 | 0 | 0 |
