UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2013
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Trust & Fiduciary Management Services Inc.
Address: 50 Federal Street, 6th floor
Boston, MA 02110
Form 13F File Number: 28-06643
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Steve Carhart
Title: President
Phone: 617-896-3689
Signature, Place, and Date of Signing:
/s/ Steve Carhart Boston, MA May 13, 2013
----------------- ------------- ------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported
by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
-----------
Form 13F Information Table Entry Total: 121
-----------
Form 13F Information Table Value Total: $ 147,703
-----------
(thousands)
List of Other Included Managers:
Provide a numbered list of the names(s) and Form 13F file numbers(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
NONE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------ ---------------- --------- ----------- -------------------- ---------- -------- ---------------------
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- ----------- ----------- --- ---- ---------- -------- ---- ------ ---------
ABBOTT LABS COM 002824100 34 977 SOLE 977
ABBVIE INC COM 00287Y109 44 1,077 SOLE 1,077
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 55 724 SOLE 724
AGRIUM INC COM 008916108 45 459 SOLE 459
ALTISOURCE PORTFOLIO SOLNS S REG SHS L0175J104 36 517 SOLE 517
ALTISOURCE RESIDENTIAL CORP CL B 02153W100 3 151 SOLE 151
AMERICAN CAP LTD COM 02503Y103 30 2,039 SOLE 2,039
AMERICAN CAP MTG INVT CORP COM 02504A104 5,561 215,211 SOLE 215,211
AMERICAN CAPITAL AGENCY CORP COM 02503X105 5,972 182,179 SOLE 182,179
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 54 544 SOLE 544
ANNALY CAP MGMT INC COM 035710409 5,212 328,018 SOLE 328,018
APOLLO COML REAL EST FIN INC COM 03762U105 3,279 186,385 SOLE 186,385
ASTRAZENECA PLC SPONSORED ADR 046353108 45 902 SOLE 902
AT&T INC COM 00206R102 4 121 SOLE 121
ATHENAHEALTH INC COM 04685W103 88 905 SOLE 905
AVENUE INCOME CR STRATEGIES COM 05358E106 3,292 167,114 SOLE 167,114
AVON PRODS INC COM 054303102 32 1,531 SOLE 1,531
BECTON DICKINSON & CO COM 075887109 31 329 SOLE 329
BLACKROCK CORPOR HI YLD FD V COM 09255N102 2,648 200,030 SOLE 200,030
BLACKROCK DEBT STRAT FD INC COM 09255R103 2,830 635,991 SOLE 635,991
BLACKROCK KELSO CAPITAL CORP COM 092533108 5,466 546,603 SOLE 546,603
BP PLC SPONSORED ADR 055622104 29 676 SOLE 676
BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 5,754 68,919 SOLE 68,919
BRISTOL MYERS SQUIBB CO COM 110122108 58 1,416 SOLE 1,416
CHEVRON CORP NEW COM 166764100 24 200 SOLE 200
CHICAGO BRIDGE & IRON CO N V N Y REGISTRY SH 167250109 67 1,086 SOLE 1,086
CITIGROUP INC COM NEW 172967424 33 753 SOLE 753
COCA COLA CO COM 191216100 28 700 SOLE 700
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 59 1,226 SOLE 1,226
CONOCOPHILLIPS COM 20825C104 33 543 SOLE 543
COVIDIEN PLC SHS G2554F113 54 801 SOLE 801
CVR PARTNERS LP COM 126633106 2,667 106,649 SOLE 106,649
CVR REFNG LP COMUNIT REP LT 12663P107 2,942 84,800 SOLE 84,800
DANAHER CORP DEL COM 235851102 30 489 SOLE 489
DIAGEO P L C SPON ADR NEW 25243Q205 49 387 SOLE 387
DONNELLEY R R & SONS CO COM 257867101 4,342 360,349 SOLE 360,349
EATON CORP PLC SHS G29183103 54 882 SOLE 882
EATON VANCE LTD DUR INCOME F COM 27828H105 5,562 325,292 SOLE 325,292
EMERSON ELEC CO COM 291011104 42 749 SOLE 749
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 6,474 127,726 SOLE 127,726
ENI S P A SPONSORED ADR 26874R108 43 969 SOLE 969
EXXON MOBIL CORP COM 30231G102 81 904 SOLE 904
FIFTH STREET FINANCE CORP COM 31678A103 3,069 278,489 SOLE 278,489
FIRST TR ABERDEEN GLBL OPP F COM SHS 337319107 4,025 226,533 SOLE 226,533
FLY LEASING LTD SPONSORED ADR 34407D109 54 3,351 SOLE 3,351
FRONTIER COMMUNICATIONS CORP COM 35906A108 5,353 1,341,699 SOLE 1,341,699
GARMIN LTD SHS H2906T109 29 885 SOLE 885
GENERAL ELECTRIC CO COM 369604103 51 2,198 SOLE 2,198
GIANT INTERACTIVE GROUP INC ADR 374511103 52 7,944 SOLE 7,944
GLOBAL HIGH INCOME FUND INC COM 37933G108 2,555 200,715 SOLE 200,715
HARRIS CORP DEL COM 413875105 52 1,131 SOLE 1,131
HEALTHCARE TR AMER INC CL A 42225p105 29 2,500 SOLE 2,500
HEWLETT PACKARD CO COM 428236103 49 2,043 SOLE 2,043
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 2,900 105,700 SOLE 105,700
INTEL CORP COM 458140100 37 1,704 SOLE 1,704
INTERNATIONAL BUSINESS MACHS COM 459200101 41 191 SOLE 191
INVESCO MORTGAGE CAPITAL INC COM 46131B100 2,896 135,388 SOLE 135,388
INVESCO MUNI INCOME OPP TRST COM 46132X101 576 78,390 SOLE 78,390
ISHARES TR MSCI EMERG MKT 464287234 151 3,523 SOLE 3,523
JOHNSON & JOHNSON COM 478160104 41 500 SOLE 500
JPMORGAN CHASE & CO COM 46625H100 29 608 SOLE 608
MANULIFE FINL CORP COM 56501R106 11 718 SOLE 718
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 43 1,125 SOLE 1,125
MARTIN MIDSTREAM PRTNRS L P UNIT L P INT 573331105 2,986 77,517 SOLE 77,517
MASCO CORP COM 574599106 40 1,983 SOLE 1,983
MCDONALDS CORP COM 580135101 32 326 SOLE 326
MERCK & CO INC NEW COM 58933Y105 44 990 SOLE 990
MESABI TR CTF BEN INT 590672101 3,002 131,900 SOLE 131,900
MICROSOFT CORP COM 594918104 35 1,211 SOLE 1,211
MIZUHO FINL GROUP INC SPONSORED ADR 60687Y109 48 11,274 SOLE 11,274
MOODYS CORP COM 615369105 13 241 SOLE 241
MORGAN STANLEY EM MKTS DM DE COM 617477104 5,243 314,909 SOLE 314,909
MYLAN INC COM 628530107 33 1,145 SOLE 1,145
NATIONAL GRID PLC SPON ADR NEW 636274300 49 844 SOLE 844
NAVIOS MARITIME PARTNERS L P UNIT LPI Y62267102 3,699 255,424 SOLE 255,424
NISKA GAS STORAGE PARTNERS L UNIT LTD LIABI 654678101 2,949 228,960 SOLE 228,960
NOVARTIS A G SPONSORED ADR 66987V109 52 731 SOLE 731
NU SKIN ENTERPRISES INC CL A 67018T105 36 809 SOLE 809
NUSTAR ENERGY LP UNIT COM 67058H102 3,116 58,418 SOLE 58,418
NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 2,916 283,962 SOLE 283,962
NUVEEN PREM INCOME MUN FD 2 COM 67063W102 13 900 SOLE 900
P T TELEKOMUNIKASI INDONESIA SPONSORED ADR 715684106 51 1,134 SOLE 1,134
PENTAIR LTD SHS H6169Q108 9 168 SOLE 168
PFIZER INC COM 717081103 35 1,201 SOLE 1,201
PITNEY BOWES INC COM 724479100 2,983 200,752 SOLE 200,752
PROCTER & GAMBLE CO COM 742718109 45 587 SOLE 587
PROSPECT CAPITAL CORPORATION COM 74348T102 5,468 501,168 SOLE 501,168
PUTNAM MANAGED MUN INCOM TR COM 746823103 285 36,180 SOLE 36,180
PVR PARTNERS L P COM UNIT REPTG L 693665101 2,994 124,186 SOLE 124,186
ROGERS COMMUNICATIONS INC CL B 775109200 51 1,006 SOLE 1,006
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 40 611 SOLE 611
SAFE BULKERS INC COM Y7388L103 2,230 449,566 SOLE 449,566
SANOFI RIGHT 12/31/2020 80105N113 0 100 SOLE 100
SANOFI SPONSORED ADR 80105N105 59 1,146 SOLE 1,146
SAP AG SPON ADR 803054204 53 658 SOLE 658
SEADRILL LIMITED SHS G7945E105 5,142 138,191 SOLE 138,191
SEAGATE TECHNOLOGY PLC SHS G7945M107 50 1,360 SOLE 1,360
SPDR GOLD TRUST GOLD SHS 78463V107 166 1,072 SOLE 1,072
SPECTRA ENERGY CORP COM 847560109 30 976 SOLE 976
SPX CORP COM 784635104 37 464 SOLE 464
STATOIL ASA SPONSORED ADR 85771P102 40 1,633 SOLE 1,633
STONEMOR PARTNERS L P COM UNITS 86183Q100 3,409 135,726 SOLE 135,726
SYNGENTA AG SPONSORED ADR 87160A100 51 609 SOLE 609
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 46 2,670 SOLE 2,670
TATA MTRS LTD SPONSORED ADR 876568502 42 1,734 SOLE 1,734
TE CONNECTIVITY LTD REG SHS H84989104 49 1,161 SOLE 1,161
TEEKAY LNG PARTNERS L P PRTNRSP UNITS Y8564M105 2,944 71,070 SOLE 71,070
TELUS CORP COM 87971M103 49 713 SOLE 713
THE ADT CORPORATION COM 00101J106 18 360 SOLE 360
THERMO FISHER SCIENTIFIC INC COM 883556102 40 521 SOLE 521
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 52 505 SOLE 505
TYCO INTERNATIONAL LTD SHS H89128104 28 885 SOLE 885
UNITED PARCEL SERVICE INC CL B 911312106 29 342 SOLE 342
VANGUARD NATURAL RESOURCES L COM UNIT 92205F106 5,674 199,563 SOLE 199,563
VERIZON COMMUNICATIONS INC COM 92343V104 38 773 SOLE 773
WABCO HLDGS INC COM 92927K102 54 760 SOLE 760
WELLS FARGO ADVANTAGE MULTI COM SHS 94987D101 2,877 175,549 SOLE 175,549
WESTERN ASSET GLB HI INCOME COM 95766B109 2,869 206,980 SOLE 206,980
WINDSTREAM CORP COM 97381W104 29 3,600 SOLE 3,600
WPP PLC NEW ADR 92937A102 55 683 SOLE 683
XINYUAN REAL ESTATE CO LTD SPONS ADR 98417P105 47 9,452 SOLE 9,452