Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	BLACKROCK CORPOR HI YLD FD I	6,330,910	$68.31M	6.8%	$12.11	—	COM	09255P107
—	UNITED STATES STL CORP NEW	3,151,400	$64.98M	6.5%	$23.36	—	Put	912909108
—	BLACKROCK DEBT STRAT FD INC	16,509,559	$59.77M	6.0%	$3.96	—	COM	09255R103
RIG	TRANSOCEAN LTD	3,300,400	$53.2M	5.3%	$18.01	0.0%	Put	H8817H100
—	BLACKSTONE GSO STRATEGIC CR	2,396,857	$37.46M	3.7%	$16.43	—	COM SHS BEN IN	09257R101
—	PIMCO DYNAMIC CR INCOME FD	1,659,015	$33.48M	3.3%	$21.70	—	COM SHS	72202D106
GM	GENERAL MTRS CO	1,000,000	$33.33M	3.3%	—	—	Call	37045V100
—	FRONTIER COMMUNICATIONS CORP	6,481,600	$32.08M	3.2%	$4.95	—	Put	35906A108
—	CONSOL ENERGY INC	1,232,800	$26.8M	2.7%	$27.58	—	Put	20854P109
—	MORGAN STANLEY EM MKTS DM DE	2,881,756	$24.93M	2.5%	$12.74	—	COM	617477104
—	CENTURYLINK INC	796,400	$23.4M	2.3%	$29.37	—	Put	156700106
—	WELLS FARGO ADVANTAGE MULTI	1,745,895	$22.1M	2.2%	$13.88	—	COM SHS	94987D101
AGG	ISHARES TR	202,619	$22.04M	2.2%	$111.43	—	CORE US AGGBD ET	464287226
—	DEUTSCHE HIGH INCOME OPPORT	1,484,594	$21.68M	2.2%	$14.57	—	COM	25158Y102
—	WESTERN ASSET MGD HI INCM FD	4,380,705	$21.64M	2.2%	$5.63	—	COM	95766L107
—	BLACKROCK MULTI-SECTOR INC T	1,284,616	$21.3M	2.1%	$17.15	—	COM	09258A107
—	WESTERN ASSET HGH YLD DFNDFD	1,316,128	$20.27M	2.0%	$17.71	—	COM	95768B107
—	WELLS FARGO ADVANTAGE INCOME	2,441,012	$20.19M	2.0%	$9.11	—	COM SHS	94987B105
—	WESTERN ASSET HIGH INCM OPP	3,264,869	$16.81M	1.7%	$5.76	—	COM	95766K109
—	GLOBAL HIGH INCOME FUND INC	1,884,471	$16M	1.6%	$10.00	—	COM	37933G108
—	WESTERN ASSET EMRG MKT INCM	1,485,149	$15.94M	1.6%	$12.02	—	COM	95766E103
—	NUVEEN MTG OPPORTUNITY TERM	682,186	$15.48M	1.5%	$23.75	—	COM	670735109
—	FRANKLIN LTD DURATION INC TR	1,140,936	$13.29M	1.3%	$12.84	—	COM	35472T101
—	NEUBERGER BERMAN HGH YLD FD	1,119,324	$13.19M	1.3%	$12.89	—	COM	64128C106
—	DEUTSCHE HIGH INCOME TR	1,504,311	$12.82M	1.3%	$8.92	—	SHS	25155R100
—	BLACKROCK CR ALLCTN INC TR	962,466	$12.19M	1.2%	$13.72	—	COM	092508100
—	DEUTSCHE MULTI-MKT INCOME TR	1,447,792	$11.74M	1.2%	$8.57	—	SHS	25160E102
—	MANAGED HIGH YIELD PLUS FD I	6,132,069	$10.98M	1.1%	$2.04	—	COM	561911108
—	ABERDEEN ASIA PACIFIC INCOM	2,090,526	$10.37M	1.0%	$6.27	—	COM	003009107
—	PUTNAM PREMIER INCOME TR	2,006,433	$10.23M	1.0%	$5.48	—	SH BEN INT	746853100
—	WESTERN ASSET EMRG MKT DEBT	668,066	$9.994M	1.0%	$17.54	—	COM	95766A101
PBR	PETROLEO BRASILEIRO SA PETRO	1,096,500	$9.923M	1.0%	$9.05	—	Put	71654V408
BND	VANGUARD BD INDEX FD INC	106,226	$8.632M	0.9%	$82.79	—	TOTAL BND MRKT	921937835
—	LINN ENERGY LLC	962,800	$8.579M	0.9%	$8.91	—	Put	536020100
—	BLACKSTONE GSO LNG SHRT CR I	545,522	$8.45M	0.8%	$17.04	—	COM SHS BN INT	09257D102
MBI	MBIA INC	1,332,500	$8.008M	0.8%	$4.31	-8.6%	Put	55262C100
—	WESTERN ASSET GLOBAL CP DEFI	458,294	$7.86M	0.8%	$18.07	—	COM	95790C107
—	MFS CHARTER INCOME TR	843,374	$7.143M	0.7%	$9.08	—	SH BEN INT	552727109
—	CONSOL ENERGY INC	321,154	$6.982M	0.7%	$27.58	—	COM	20854P109
—	BROOKFIELD MTG OPP INC FD IN	409,821	$6.479M	0.6%	$16.76	—	COM	112792106
—	MFS MULTIMARKET INCOME TR	1,005,275	$6.102M	0.6%	$6.54	—	SH BEN INT	552737108
—	WESTERN ASSET GLB PTNRS INCO	650,794	$5.968M	0.6%	$10.29	—	COM	95766G108
—	SEARS HLDGS CORP	207,500	$5.54M	0.6%	$26.71	—	Put	812350106
—	FIRST TR HIGH INCOME L/S FD	347,978	$5.442M	0.5%	$17.47	—	COM	33738E109
VRE	MACK CALI RLTY CORP	292,320	$5.387M	0.5%	$21.35	—	COM	554489104
—	LEGG MASON BW GLB INC OPP FD	351,372	$5M	0.5%	$17.20	—	COM	52469B100
—	ALLIANCEBERNSTEIN GBL HGH IN	415,043	$4.989M	0.5%	$12.02	—	COM	01879R106
—	CREDIT SUISSE ASSET MGMT INC	1,484,978	$4.752M	0.5%	$3.35	—	COM	224916106
—	INVESCO HIGH INCOME TR II	327,161	$4.688M	0.5%	$14.93	—	COM	46131F101
—	HCP INC	118,552	$4.324M	0.4%	$40.38	—	COM	40414L109
—	NUVEEN QUALITY PFD INC FD 3	520,829	$4.245M	0.4%	$8.30	—	COM	67072W101
—	DEUTSCHE STRATEGIC INCOME TR	365,762	$4.064M	0.4%	$11.60	—	SHS	25160F109
—	PUTMAN HIGH INCOME SEC FUND	493,321	$3.843M	0.4%	$8.35	—	SHS BEN INT	746779107
—	MFS INTERMEDIATE HIGH INC FD	1,386,337	$3.688M	0.4%	$2.82	—	SH BEN INT	59318T109
—	SPRINT CORP	786,400	$3.586M	0.4%	—	—	Put	85207U105
GNW	GENWORTH FINL INC	467,258	$3.537M	0.4%	$12.12	-34.2%	COM CL A	37247D106
—	DYNEGY INC NEW DEL	863,094	$3.491M	0.3%	$1.76	—	*W EXP 10/02/201	26817R116
—	APOLLO TACTICAL INCOME FD IN	220,932	$3.484M	0.3%	$18.35	—	COM	037638103
—	UNITED STATES STL CORP NEW	166,700	$3.437M	0.3%	$23.36	—	COM	912909108
—	SEADRILL LIMITED	312,500	$3.231M	0.3%	$10.35	—	Put	G7945E105
IGIB	ISHARES	29,623	$3.225M	0.3%	$108.90	—	INTERM CR BD ETF	464288638
—	FRONTIER COMMUNICATIONS CORP	616,190	$3.05M	0.3%	$4.95	—	COM	35906A108
BSV	VANGUARD BD INDEX FD INC	37,622	$3.017M	0.3%	$80.19	—	SHORT TRM BOND	921937827
—	WESTERN ASSET WORLDWIDE INCO	267,056	$2.895M	0.3%	$12.37	—	COM	957668106
—	DELAWARE INVTS DIV & INCOME	280,957	$2.781M	0.3%	$10.32	—	COM	245915103
BLV	VANGUARD BD INDEX FD INC	27,557	$2.414M	0.2%	$95.32	—	LONG TERM BOND	921937793
QLTA	ISHARES TR	47,278	$2.388M	0.2%	$51.86	—	A RATE CP BD ETF	46429B291
IGLB	ISHARES	40,954	$2.341M	0.2%	$57.16	—	10+ YR CR BD ETF	464289511
—	OI S.A.	1,135,357	$2.169M	0.2%	$1.54	—	SPN ADR PFD NEW	670851401
—	CENTURYLINK INC	57,400	$1.686M	0.2%	$29.37	—	COM	156700106
PBR	PETROLEO BRASILEIRO SA PETRO	185,000	$1.674M	0.2%	$9.05	—	SP ADR NON VTG	71654V408
—	STRATEGIC GLOBAL INCOME FD	187,535	$1.551M	0.2%	$9.18	—	COM	862719101
—	LINN ENERGY LLC	164,781	$1.468M	0.1%	$8.91	—	UNIT LTD LIAB	536020100
—	ROWAN COMPANIES PLC	68,484	$1.446M	0.1%	$21.11	—	SHS CL A	G7665A101
EME	EMCOR GROUP INC	26,957	$1.288M	0.1%	$40.83	+9.0%	COM	29084Q100
—	IVY HIGH INC OPPORTUNITIES F	82,164	$1.228M	0.1%	$14.95	—	COM	465893105
RIG	TRANSOCEAN LTD	75,150	$1.211M	0.1%	$18.01	0.0%	REG SHS	H8817H100
—	TEMPLETON EMERG MKTS INCOME	108,557	$1.163M	0.1%	$10.71	—	COM	880192109
ITRI	ITRON INC	31,486	$1.084M	0.1%	$37.26	-2.5%	COM	465741106
UNF	UNIFIRST CORP MASS	9,653	$1.08M	0.1%	$96.21	+15.2%	COM	904708104
—	ROADRUNNER TRNSN SVCS HLDG I	39,572	$1.021M	0.1%	$25.52	—	COM	76973Q105
TTEK	TETRA TECH INC NEW	39,492	$1.013M	0.1%	$5.21	-1.7%	COM	88162G103
—	BROOKFIELD TOTAL RETURN FD I	42,912	$960K	0.1%	$22.37	—	COM	11283U108
—	GRACE W R & CO DEL NEW	9,306	$933K	0.1%	$92.78	—	COM	38388F108
SKYW	SKYWEST INC	58,882	$886K	0.1%	$11.29	+32.2%	COM	830879102
—	SPX CORP	12,223	$885K	0.1%	$85.92	—	COM	784635104
—	SEADRILL LIMITED	81,000	$838K	0.1%	$10.35	—	SHS	G7945E105
M	MACYS INC	12,282	$829K	0.1%	$64.35	+5.0%	COM	55616P104
KBR	KBR INC	41,288	$804K	0.1%	$21.13	-27.4%	COM	48242W106
—	CIT GROUP INC	16,780	$780K	0.1%	$45.75	—	COM NEW	125581801
—	GOLDCORP INC NEW	47,278	$766K	0.1%	$16.20	—	COM	380956409
—	LIFEPOINT HOSPITALS INC	8,590	$747K	0.1%	$72.63	—	COM	53219L109
LE	LANDS END INC NEW	29,013	$720K	0.1%	$28.73	0.0%	COM	51509F105
XXHYBXX	NEW AMER HIGH INCOME FD INC	81,878	$718K	0.1%	$9.57	—	COM NEW	641876800
MTRX	MATRIX SVC CO	38,295	$700K	0.1%	$26.03	-24.7%	COM	576853105
GEF	GREIF INC	19,223	$689K	0.1%	$31.68	-15.6%	CL A	397624107
EMB	ISHARES	6,049	$665K	0.1%	$109.94	—	JP MOR EM MK ETF	464288281
—	MERITOR INC	50,295	$660K	0.1%	$12.61	—	COM	59001K100
—	FLEXTRONICS INTL LTD	5,973	$647K	0.1%	$108.32	—	ORD	443510201
—	PACHOLDER HIGH YIELD FD INC	89,901	$623K	0.1%	$6.93	—	COM	693742108
MBI	MBIA INC	103,105	$620K	0.1%	$4.31	-8.6%	COM	55262C100
MLKN	MILLER HERMAN INC	21,314	$617K	0.1%	$22.48	-2.3%	COM	600544100
WOR	WORTHINGTON INDS INC	18,904	$568K	0.1%	$22.13	-22.9%	COM	981811102
—	KLX INC	11,913	$526K	0.1%	$38.56	—	COM	482539103
—	FIRST TRUST MORTGAGE INCM FD	33,591	$474K	0.0%	$15.46	—	COM SHS	33734E103
—	PRUDENTIAL SHT DURATION HG Y	26,000	$402K	0.0%	$15.46	—	COM	74442F107
—	CLAYMORE EXCHANGE TRD FD TR	16,767	$381K	0.0%	$22.81	—	GUGG CRP BD 2017	18383M548
—	SEARS HLDGS CORP	14,000	$374K	0.0%	$26.71	—	COM	812350106
—	NUVEEN MULTI MKT INCOME FD	51,051	$368K	0.0%	$7.55	—	COM	67075J107
—	TRINSEO S A	12,958	$348K	0.0%	$26.86	—	SHS	L9340P101
HYG	ISHARES	3,913	$347K	0.0%	$90.58	—	IBOXX HI YD ETF	464288513
—	CLOUGH GLOBAL OPPORTUNITIES	27,143	$327K	0.0%	$12.82	—	SH BEN INT	18914E106
—	PRUDENTIAL GLB SHT DUR HG YL	19,726	$298K	0.0%	$15.11	—	COM	74433A109
—	LMP CAP & INCOME FD INC	18,712	$282K	0.0%	$15.04	—	COM	50208A102
HYS	PIMCO ETF TR	2,702	$270K	0.0%	$100.84	—	0-5 HIGH YIELD	72201R783
—	EATON VANCE LTD DUR INCOME F	18,053	$243K	0.0%	$15.43	—	COM	27828H105
CDW	CDW CORP COM	6,558	$225K	0.0%	$33.01	0.0%	COM	12514G108
VCLT	VANGUARD SCOTTSDALE FDS	2,546	$217K	0.0%	$94.09	—	LG-TERM COR BD	92206C813
—	CLAYMORE EXCHANGE TRD FD TR	9,843	$213K	0.0%	$21.64	—	GUGG CRP BD 2015	18383M563
—	NUVEEN DIVERSIFIED DIV INCM	15,767	$181K	0.0%	$11.19	—	COM	6706EP105
—	DELAWARE ENHANCED GBL DIV &	15,555	$168K	0.0%	$11.90	—	COM	246060107
—	MFS INTER INCOME TR	10,000	$46,000	0.0%	$4.60	—	SH BEN INT	55273C107
—	COMMUNITY HEALTH SYS INC NEW	795,108	$11,000	0.0%	$0.06	—	RIGHT 01/27/2016	203668116