Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	Verizon Communications Inc	416,382	$20.96M	2.5%	$50.34	$50.34	—	COM	92343v104
WFC	Wells Fargo & Company	489,056	$20.18M	2.4%	$41.27 *	$27.36	+6.2%	COM	949746101
CVX	Chevron Corp	166,127	$19.66M	2.4%	$118.34 *	$71.30	-1.7%	COM	166764100
JNJ	Johnson & Johnson	190,411	$16.35M	2.0%	$85.86 *	$59.66	+1.6%	COM	478160104
PG	Procter & Gamble Co	186,951	$14.39M	1.7%	$76.99 *	$55.00	-1.7%	COM	742718109
XOM	Exxon Mobil Corp	156,091	$14.1M	1.7%	$90.35 *	$53.69	+0.7%	COM	30231G102
—	General Electric Co	582,283	$13.5M	1.6%	$23.19	$23.19	—	COM	369604103
MCD	McDonald's Corp	119,064	$11.79M	1.4%	$99.00 *	$71.80	-0.6%	COM	580135101
COP	ConocoPhillips	185,458	$11.22M	1.4%	$60.50 *	$39.96	+0.1%	COM	20825C104
—	Wells Fargo 8.00% Prp Cl12/17	382,495	$11.07M	1.3%	$28.94	$28.94	—	PFD	949746879
BMY	Bristol-Myers Squibb Co	234,917	$10.5M	1.3%	$44.69 *	$28.67	+3.0%	COM	110122108
—	AT&T Inc	271,689	$9.618M	1.2%	$35.40	$35.40	—	COM	00206r102
INTC	Intel Corp	394,168	$9.551M	1.2%	$24.23 *	$17.18	+2.9%	COM	458140100
IBM	Intl Business Machines Corp	49,469	$9.454M	1.1%	$191.11 *	$118.94	-6.0%	COM	459200101
AAPL	Apple Inc	23,604	$9.36M	1.1%	$396.54 *	$13.16	-7.7%	COM	037833100
PFF	iShares S&P US Preferred Stock	231,700	$9.101M	1.1%	$39.28	$40.20	-2.3%	COM	464288687
VTI	Vanguard Total Stock Mk Vipers	109,726	$9.071M	1.1%	$82.67	$82.97	-0.4%	COM	922908769
COST	Costco Wholesale Corp	78,464	$8.676M	1.0%	$110.57 *	$86.56	+1.3%	COM	22160K105
—	Wachovia (WFC) Perp/Call 2/11	8,273,000	$8.087M	1.0%	$0.98	$0.98	—	PFD	92978AAA0
—	3M Co	67,044	$7.331M	0.9%	$109.35	$109.35	—	COM	88579y101
PFE	Pfizer Inc	256,138	$7.174M	0.9%	$28.01 *	$16.46	-3.5%	COM	717081103
—	Aviva 8.25% 12/2041 Call 12/20	259,282	$7.076M	0.9%	$27.29	$27.29	—	PFD	05382a203
PEP	PepsiCo Inc	84,289	$6.894M	0.8%	$81.79 *	$56.00	+0.7%	COM	713448108
—	NextEra Energy Inc	84,341	$6.872M	0.8%	$81.48	$81.48	—	COM	65339f101
ABT	Abbott Laboratories	190,472	$6.644M	0.8%	$34.88 *	$28.85	-4.9%	COM	002824100
—	SPDR S&P Dividend ETF	96,924	$6.426M	0.8%	$66.30	$66.30	—	COM	78464a763
—	HCP Inc	140,052	$6.364M	0.8%	$45.44	$45.44	—	COM	40414l109
—	AbbVie Inc	152,353	$6.298M	0.8%	$41.34	$41.34	—	COM	00287y109
—	Altria Group Inc	177,785	$6.221M	0.8%	$34.99	$34.99	—	COM	02209s103
JPM	JPMorgan Chase & Co	114,007	$6.018M	0.7%	$52.79 *	$36.24	+3.9%	COM	46625H100
MSFT	Microsoft Corp	167,187	$5.775M	0.7%	$34.54 *	$26.70	+5.8%	COM	594918104
KMB	Kimberly-Clark Corp	57,238	$5.56M	0.7%	$97.14 *	$63.06	-2.9%	COM	494368103
OXY	Occidental Petroleum Corp	59,218	$5.284M	0.6%	$89.23 *	$57.83	+1.7%	COM	674599105
—	Partner Re 7.25% Call 06/16 BB	192,409	$5.214M	0.6%	$27.10	$27.10	—	PFD	g68603508
—	Target Corp	75,511	$5.2M	0.6%	$68.86	$68.86	—	COM	87612e106
DVY	iShares DJ Select Dividend Ind	80,764	$5.17M	0.6%	$64.01	$64.72	-1.1%	COM	464287168
—	Sanofi-ADR	99,835	$5.143M	0.6%	$51.51	$51.52	—	COM	80105n105
GIS	General Mills Inc	103,124	$5.005M	0.6%	$48.53 *	$31.98	-1.3%	COM	370334104
—	Du Pont (E.I.) De Nemours	94,605	$4.967M	0.6%	$52.50	$52.50	—	COM	263534109
—	Merck & Co. Inc.	104,287	$4.844M	0.6%	$46.45	$46.45	—	COM	58933y105
CAT	Caterpillar Inc	58,536	$4.829M	0.6%	$82.50 *	$61.55	-2.9%	COM	149123101
—	SPDR S&P500 Index Trust Series	29,567	$4.743M	0.6%	$160.42	$160.42	—	COM	78462f103
KO	Coca-Cola Co/The	116,355	$4.667M	0.6%	$40.11 *	$27.85	-2.6%	COM	191216100
CLX	Clorox Company	54,777	$4.554M	0.6%	$83.14 *	$60.00	-3.2%	COM	189054109
VB	Vanguard Small-Cap Vipers	48,600	$4.554M	0.6%	$93.70	$92.50	+1.3%	COM	922908751
—	Digital Realty 7.0% Perp Call	176,769	$4.525M	0.5%	$25.60	$25.60	—	PFD	253868707
—	Kinder Morgan Management LLC	53,562	$4.477M	0.5%	$83.59	$83.59	—	COM	49455u100
—	KKR Financial7.375% Perp Call	168,815	$4.372M	0.5%	$25.90	$25.90	—	PFD	48248a603
—	Telephone & Data 6.875% Cl 11/	168,517	$4.311M	0.5%	$25.58	$25.58	—	PFD	879433845
—	Whole Foods Market Inc	82,772	$4.261M	0.5%	$51.48	$51.48	—	COM	966837106
—	Waste Management Inc	104,316	$4.207M	0.5%	$40.33	$40.33	—	COM	94106l109
—	HSBC Hldgs 8.0% Prp Cl 12/15 B	148,083	$4.013M	0.5%	$27.10	$27.10	—	PFD	404280802
—	SL Green Realty 6.5% Perp CUM	162,262	$4.001M	0.5%	$24.66	$24.66	—	PFD	78440x507
—	Spectra Energy Corp	115,628	$3.985M	0.5%	$34.46	$34.46	—	COM	847560109
DIS	Disney Co./Walt The	62,557	$3.95M	0.5%	$63.14 *	$56.11	-0.0%	COM	254687106
HON	Honeywell International Inc	49,683	$3.942M	0.5%	$79.34 *	$53.13	+3.6%	COM	438516106
—	EGShares Dow Jones Emerging Ma	151,144	$3.901M	0.5%	$25.81	$25.81	—	COM	268461779
HD	Home Depot Inc	49,201	$3.812M	0.5%	$77.48 *	$56.05	+3.5%	COM	437076102
—	KKR Financial 7.50% SrNotes Ca	141,662	$3.767M	0.5%	$26.59	$26.59	—	PFD	48248a504
—	Barclays 8.125% Perp/Cl 9/13 B	147,695	$3.741M	0.5%	$25.33	$25.33	—	PFD	06739h362
—	Kinder Morgan Energy Partners	43,760	$3.737M	0.5%	$85.40	$85.40	—	COM	494550106
EIX	Edison International	76,783	$3.698M	0.4%	$48.16 *	$30.71	-1.8%	COM	281020107
ECL	Ecolab Inc	43,100	$3.672M	0.4%	$85.20 *	$73.48	+1.1%	COM	278865100
NKE	Nike Inc -Cl B	57,454	$3.659M	0.4%	$63.69 *	$26.53	+2.6%	COM	654106103
—	First Republic Bank 6.2% Cl 6/	147,110	$3.656M	0.4%	$24.85	$24.85	—	PFD	33616c407
—	SPDR S&P MidCap 400 ETF Trust	17,134	$3.6M	0.4%	$210.11	$210.11	—	COM	78467y107
—	CenturyLink SnNote7.5% 2051 Cl	131,820	$3.516M	0.4%	$26.67	$26.67	—	PFD	74913g303
CL	Colgate-Palmolive Co	60,363	$3.458M	0.4%	$57.29 *	$44.38	-3.4%	COM	194162103
VO	Vanguard Mid-Cap Vipers	36,000	$3.425M	0.4%	$95.14 *	$23.72	+0.3%	COM	922908629
—	Vornado Realty 6.875% Prp/Cl 4	131,284	$3.387M	0.4%	$25.80	$25.80	—	PFD	929042869
ADP	Automatic Data Processing	48,443	$3.336M	0.4%	$68.86 *	$45.09	+1.8%	COM	053015103
—	GlaxoSmithKline Plc-ADR	66,206	$3.308M	0.4%	$49.97	$49.97	—	COM	37733w105
WMB	Williams Cos Inc	100,781	$3.272M	0.4%	$32.47 *	$18.03	-9.1%	COM	969457100
—	Unilever N V -NY Shares	82,138	$3.229M	0.4%	$39.31	$39.31	—	COM	904784709
—	Novartis Ag-ADR	45,619	$3.226M	0.4%	$70.72	$70.72	—	COM	66987v109
ABBNY	ABB Ltd -Spon ADR	140,239	$3.038M	0.4%	$21.66 *	$21.25	-2.2%	COM	000375204
—	Medtronic Inc	58,870	$3.03M	0.4%	$51.47	$51.47	—	COM	585055106
—	Vodaphone Group Plc-Sp ADR	105,057	$3.02M	0.4%	$28.75	$28.75	—	COM	92857w209
—	CenturyLink Quest 7.0%SnNts Cl	115,810	$3.003M	0.4%	$25.93	$25.93	—	PFD	74913g501
—	Google Inc-Cl A	3,410	$3.002M	0.4%	$880.35	$880.35	—	COM	38259P508
NSRGY	Nestle Sa-Spons ADR For Reg	45,367	$2.984M	0.4%	$65.77	$69.17	-4.9%	COM	641069406
VNO	Vornado Realty Trust	35,672	$2.955M	0.4%	$82.84	$82.84	—	COM	929042109
CSCO	Cisco Systems Inc	120,873	$2.941M	0.4%	$24.33 *	$15.24	+8.2%	COM	17275R102
—	Deutsche Bank 8.05% Prp Cl6/18	106,657	$2.936M	0.4%	$27.53	$27.53	—	PFD	25150l108
—	Accenture PLC-Cl A	40,416	$2.908M	0.4%	$71.95	$71.95	—	COM	g1151c101
LOW	Lowe's Cos Inc	70,552	$2.886M	0.3%	$40.91 *	$32.16	+1.7%	COM	548661107
O	Realty Income Corp	68,340	$2.865M	0.3%	$41.92 *	$25.40	-11.4%	COM	756109104
BA	Boeing Co	27,571	$2.824M	0.3%	$102.43 *	$80.37	+8.0%	COM	097023105
BRK/B	Berkshire Hathaway Inc-Cl B	24,728	$2.768M	0.3%	$111.94	$110.02	+1.7%	COM	084670702
—	SPDR Technology Select Sector	89,313	$2.732M	0.3%	$30.59	$30.59	—	COM	81369y803
—	JPMorgan 7.9% Perp/Call 4/18 -	2,415,000	$2.729M	0.3%	$1.13	$1.13	—	PFD	46625HHA1
DHR	Danaher Corp	43,101	$2.728M	0.3%	$63.29 *	$25.01	+2.8%	COM	235851102
—	Scana Corp 7.70% 2065 Cl1/2015	101,332	$2.722M	0.3%	$26.86	$26.86	—	PFD	80589m201
—	BB&T Capital 5.625% Call 8/201	109,816	$2.647M	0.3%	$24.10	$24.10	—	PFD	054937404
UPS	United Parcel Service-Cl B	30,514	$2.639M	0.3%	$86.48 *	$55.38	+1.1%	COM	911312106
TD	Toronto-Dominion Bank	32,574	$2.618M	0.3%	$80.37 *	$40.27	-0.2%	COM	891160509
—	Travelers Cos Inc/The	32,088	$2.564M	0.3%	$79.91	$79.91	—	COM	89417e109
—	Freeport-McMoRan Copper & Gold	92,595	$2.557M	0.3%	$27.61	$27.61	—	COM	35671d857
GPC	Genuine Parts Co	31,862	$2.487M	0.3%	$78.06 *	$54.12	+1.2%	COM	372460105
—	Charles Schwab 7% Perp/Call 2/	2,207,000	$2.472M	0.3%	$1.12	$1.12	—	PFD	808513AE5
—	Walgreen Co	55,317	$2.445M	0.3%	$44.20	$44.20	—	COM	931422109
SO	Southern Co	55,112	$2.432M	0.3%	$44.13 *	$26.74	-3.7%	COM	842587107
PM	Philip Morris International	27,784	$2.407M	0.3%	$86.63 *	$49.85	-5.9%	COM	718172109
CVS	CVS Caremark Corp	41,732	$2.386M	0.3%	$57.17 *	$41.44	-1.2%	COM	126650100
—	Oracle Corp	74,381	$2.284M	0.3%	$30.71	$30.71	—	COM	68389x105
—	CenterPoint Energy Inc	97,087	$2.281M	0.3%	$23.49	$23.49	—	COM	15189t107
—	United Technologies Corp	24,469	$2.274M	0.3%	$92.93	$92.93	—	COM	913017109
SRE	Sempra Energy	27,645	$2.26M	0.3%	$81.75 *	$27.60	+1.1%	COM	816851109
—	Aspen Insurance 7.25% Call07/2	85,362	$2.241M	0.3%	$26.25	$26.25	—	PFD	g05384147
—	Consumer Staples SPDR	55,487	$2.201M	0.3%	$39.67	$39.67	—	COM	81369y308
—	Health Care Select Sector	45,995	$2.19M	0.3%	$47.61	$47.61	—	COM	81369y209
—	Corporate Office Prop 7.375% C	85,274	$2.187M	0.3%	$25.65	$25.65	—	PFD	22002t884
—	Chubb Corp	25,688	$2.174M	0.3%	$84.63	$84.63	—	COM	171232101
—	Public Storage 5.90% Perp CUM	85,767	$2.144M	0.3%	$25.00	$25.00	—	PFD	74460w206
—	SPDR Energy Select Sector	27,324	$2.139M	0.3%	$78.28	$78.28	—	COM	81369y506
—	Duke Energy Corp	31,061	$2.097M	0.3%	$67.51	$67.51	—	COM	26441c204
—	Twenty-First Century Fox-B (fo	63,906	$2.097M	0.3%	$32.81	$32.81	—	COM	90130a200
PRU	Prudential Financial Inc	28,678	$2.094M	0.3%	$73.02 *	$38.68	+13.0%	COM	744320102
—	Maiden Holdings 8.25%Prp Cl8/2	78,983	$2.077M	0.3%	$26.30	$26.30	—	PFD	g5753u120
—	AGL Resources Inc	48,053	$2.06M	0.2%	$42.87	$42.87	—	COM	001204106
—	Prospect Captl 6.95% Sr Nts 20	80,585	$2.051M	0.2%	$25.45	$25.45	—	PFD	74348t201
SWK	Stanley Black & Decker Inc	26,500	$2.048M	0.2%	$77.28 *	$56.98	-0.9%	COM	854502101
VEA	Vanguard MSCI EAFE Index ETF	56,918	$2.026M	0.2%	$35.60	$37.38	-4.8%	COM	921943858
—	Consumer Discretionary Select	35,567	$2.006M	0.2%	$56.40	$56.40	—	COM	81369y407
VWO	Vanguard MSCI Emerging Market	50,399	$1.955M	0.2%	$38.79	$41.93	-7.5%	COM	922042858
—	JPMo Chase 8.625% BBB QDI CALL	76,315	$1.938M	0.2%	$25.39	$25.39	—	PFD	46625h621
—	Public Storage 6.50% Call 4/20	74,365	$1.912M	0.2%	$25.71	$25.71	—	PFD	74460d141
—	SPDR Industrial Select Sector	44,151	$1.883M	0.2%	$42.65	$42.65	—	COM	81369y704
TM	Toyota Motor Corp -Spon ADR	15,400	$1.858M	0.2%	$120.65	$116.78	+3.3%	COM	892331307
—	Pebblebrook Hotel 8.00%Perp Cu	71,231	$1.857M	0.2%	$26.07	$26.07	—	PFD	70509v308
—	Discover Financial 6.50%Perp Q	73,905	$1.855M	0.2%	$25.10	$25.10	—	PFD	254709207
EMR	Emerson Electric Co	33,539	$1.829M	0.2%	$54.53 *	$40.02	-2.7%	COM	291011104
APD	Air Products & Chemicals Inc	19,964	$1.828M	0.2%	$91.56 *	$61.55	+1.5%	COM	009158106
AXP	American Express Co	24,111	$1.803M	0.2%	$74.78 *	$59.62	+5.1%	COM	025816109
—	Unilever Plc-Sponsored ADR	44,327	$1.793M	0.2%	$40.45	$40.45	—	COM	904767704
—	CenturyLink SnNotes 7.0% 2050	65,890	$1.703M	0.2%	$25.85	$25.85	—	PFD	74913G402
WHR	Whirlpool Corp	14,886	$1.702M	0.2%	$114.34	$121.27	-5.7%	COM	963320106
—	First Republic Bank 6.70% Cl20	64,927	$1.695M	0.2%	$26.11	$26.11	—	PFD	33616c209
—	PowerShares Preferred Portfoli	118,087	$1.685M	0.2%	$14.27	$14.27	—	COM	73936t565
—	Linn Energy LLC-Units	50,340	$1.67M	0.2%	$33.17	$33.17	—	COM	536020100
EPD	Enterprise Products Partners	26,801	$1.666M	0.2%	$62.16	$62.16	—	COM	293792107
—	GE Cap Corp 7.125% Perp/Call 6	1,480,000	$1.665M	0.2%	$1.13	$1.13	—	PFD	369622SN6
—	Barclays 7.75% Prp Cl 9/13 BBB	65,408	$1.652M	0.2%	$25.26	$25.26	—	PFD	06739h511
—	Praxair Inc	14,057	$1.619M	0.2%	$115.17	$115.17	—	COM	74005p104
—	Maiden Hldgs 8.00% Nts 2042 ca	59,756	$1.619M	0.2%	$27.09	$27.09	—	PFD	56029q309
—	LaSalle Hotel 7.50% Perp CUM C	61,315	$1.594M	0.2%	$26.00	$26.00	—	PFD	517942702
—	Deutsche Bnk 7.6% Prp Cl 2/18	59,556	$1.59M	0.2%	$26.70	$26.70	—	PFD	25154a108
—	Cerner Corp	16,243	$1.561M	0.2%	$96.10	$96.10	—	COM	156782104
—	Hartford Finl 7.875% 2042 call	52,290	$1.546M	0.2%	$29.57	$29.57	—	PFD	416518504
—	Laboratory Crp Of Amer Hldgs	15,304	$1.532M	0.2%	$100.10	$100.10	—	COM	50540r409
—	Mylan Laboratories	49,254	$1.528M	0.2%	$31.02	$31.02	—	COM	628530107
FDL	First Trust Dividend Leaders I	72,842	$1.503M	0.2%	$20.63	$21.09	-2.2%	COM	336917109
—	Endurance Specialty 7.5% Cl 6/	54,631	$1.467M	0.2%	$26.85	$26.85	—	PFD	g30397304
MDLZ	Mondelez International	51,309	$1.464M	0.2%	$28.53 *	$23.16	-5.8%	COM	609207105
—	Chesapeake Lodging 7.75% PerpC	56,878	$1.459M	0.2%	$25.65	$25.65	—	PFD	165240201
PEG	Public Service Enterprise Grou	44,092	$1.44M	0.2%	$32.66 *	$21.73	-3.7%	COM	744573106
DE	Deere & Co	17,680	$1.436M	0.2%	$81.22 *	$68.04	-5.4%	COM	244199105
—	Eaton Corp PLC	21,667	$1.426M	0.2%	$65.81	$65.81	—	COM	g29183103
MKC	McCormick & Co-Non Vtg Shrs	20,215	$1.422M	0.2%	$70.34 *	$28.19	-2.2%	COM	579780206
—	US Bancorp 6.5% FxdToFlt Cl 2/	50,339	$1.415M	0.2%	$28.11	$28.11	—	PFD	902973833
—	ING Groep NV 7 3/8% Cl 10/12 B	55,553	$1.388M	0.2%	$24.99	$24.99	—	PFD	456837707
—	Zions Cap Trust 9.5% Cl 9/13 N	53,613	$1.362M	0.2%	$25.40	$25.40	—	PFD	989701503
—	BCE Inc	33,205	$1.362M	0.2%	$41.02	$41.02	—	COM	05534b760
—	Broadcom Corp-Cl A	39,125	$1.322M	0.2%	$33.79	$33.79	—	COM	111320107
SLB	Schlumberger Ltd	17,993	$1.289M	0.2%	$71.64 *	$52.90	-2.9%	COM	806857108
—	Campus Crest Comm 8.00% Perp C	48,073	$1.267M	0.2%	$26.36	$26.36	—	PFD	13466y204
—	Barclays Bank 7.1% Prp Call 12	50,541	$1.264M	0.2%	$25.01	$25.01	—	PFD	06739h776
—	GoldmanSachs Lib+75 Min3.75% C	57,135	$1.24M	0.1%	$21.70	$21.70	—	PFD	38143y665
—	ING Groep NV 8.5% perp call 9/	48,109	$1.218M	0.1%	$25.32	$25.32	—	PFD	456837806
—	JPMorgan Chase 5.50% Perp Call	50,500	$1.213M	0.1%	$24.02	$24.02	—	PFD	48126e750
GD	General Dynamics Corp	15,450	$1.21M	0.1%	$78.32 *	$56.44	+5.3%	COM	369550108
SBUX	Starbucks Corp	18,292	$1.198M	0.1%	$65.49 *	$24.37	+5.6%	COM	855244109
—	CenturyLink Quest7.375% 6/51 C	45,030	$1.191M	0.1%	$26.45	$26.45	—	PFD	74913g204
ED	Consolidated Edison Inc	20,143	$1.175M	0.1%	$58.33 *	$37.50	-2.4%	COM	209115104
—	Ashford Hospitality 9.0% NR Ca	43,792	$1.174M	0.1%	$26.81	$26.81	—	PFD	044103505
—	Roche Holdings LTD-Spons ADR	18,610	$1.151M	0.1%	$61.85	$61.85	—	COM	010397936
BAC	Bank of America Corp	89,113	$1.146M	0.1%	$12.86 *	$10.03	+0.9%	COM	060505104
—	Ares Capital 7.75% 2040 Call 1	44,036	$1.145M	0.1%	$26.00	$26.00	—	PFD	04010l202
EFA	iShares MSCI EAFE Index Fund	19,782	$1.134M	0.1%	$57.32	$60.47	-5.2%	COM	464287465
—	Public Storage 6.35% Call 7/16	44,255	$1.131M	0.1%	$25.56	$25.56	—	PFD	74460d125
—	Digital Realty 6.625% Perp CUM	44,754	$1.117M	0.1%	$24.96	$24.96	—	PFD	253868806
—	AON Cap 8.205% 1/27 Non-Call B	37,459	$1.114M	0.1%	$29.74	$29.74	—	PFD	22532r101
—	So. Cal Edison 6.25% Perp/Call	1,040,000	$1.104M	0.1%	$1.06	$1.06	—	PFD	842400FU2
—	Southwestern Energy Co	29,975	$1.095M	0.1%	$36.53	$36.53	—	COM	845467109
AMGN	Amgen Inc	10,990	$1.084M	0.1%	$98.64 *	$73.34	-4.7%	COM	031162100
—	Banco Santander10.5% Perp Cl9/	40,113	$1.084M	0.1%	$27.02	$27.02	—	PFD	e8683r144
—	SPDR Dow Jones Industrial Aver	7,209	$1.071M	0.1%	$148.56	$148.56	—	COM	78467x109
—	Regency Centers 6.00% Perp CUM	44,001	$1.07M	0.1%	$24.32	$24.32	—	PFD	758849806
—	Kraft Foods Group	19,075	$1.066M	0.1%	$55.88	$55.88	—	COM	50076q106
—	SPDR Financial Select Sector	54,577	$1.061M	0.1%	$19.44	$19.44	—	COM	81369y605
—	Telephone & Data 7.0% Cl 3/16	40,500	$1.046M	0.1%	$25.83	$25.83	—	PFD	879433837
WY	Weyerhaeuser Co	36,690	$1.045M	0.1%	$28.48 *	$18.73	-5.5%	COM	962166104
LLY	Eli Lilly & Co	21,214	$1.042M	0.1%	$49.12 *	$42.21	-9.3%	COM	532457108
—	American Capital Agency 8.0% P	41,046	$1.039M	0.1%	$25.31	$25.31	—	PFD	02503x204
SCHB	Schwab U.S. Broad Market ETF	26,505	$1.031M	0.1%	$38.90 *	$6.49	-0.1%	COM	808524102
—	Biogen Idec Inc	4,662	$1.003M	0.1%	$215.14	$215.14	—	COM	09062x103
IJH	iShares S&P Midcap 400 Index F	8,563	$989K	0.1%	$115.50 *	$23.21	-0.5%	COM	464287507
—	Summit Hotel 7.875% Perp CUM C	38,012	$985K	0.1%	$25.91	$25.91	—	PFD	866082308
—	Powershares QQQ NASDAQ 100 Tru	13,535	$965K	0.1%	$71.30	$71.30	—	COM	73935a104
CAG	Conagra Foods Inc	27,592	$964K	0.1%	$34.94 *	$17.69	+0.7%	COM	205887102
QCOM	Qualcomm Inc	15,603	$953K	0.1%	$61.08 *	$45.06	-3.9%	COM	747525103
—	NuStar Logistics 7.625%Nts Cl	36,350	$945K	0.1%	$26.00	$26.00	—	PFD	67059t204
PCAR	Paccar Inc	17,116	$918K	0.1%	$53.63 *	$21.67	+3.9%	COM	693718108
—	InterContinental Hotels-ADR	33,276	$914K	0.1%	$27.47	$27.47	—	COM	45857p400
—	Macy's Inc	18,975	$911K	0.1%	$48.01	$48.01	—	COM	55616p104
—	HSBC 6.36% Perp Callable NCU Q	36,572	$908K	0.1%	$24.83	$24.83	—	PFD	40429c607
—	Wisconsin Energy Corp	21,925	$899K	0.1%	$41.00	$41.00	—	COM	976657106
—	Express Scripts Holding Co.	14,506	$896K	0.1%	$61.77	$61.77	—	COM	30219g108
—	BGC Partners 8.125% 2042 Call	33,459	$891K	0.1%	$26.63	$26.63	—	PFD	05541t408
IYF	iShares DJ US Financial Sect	12,433	$889K	0.1%	$71.50 *	$35.30	+1.3%	COM	464287788
—	Maiden Hldgs 8.25% Nts 2041 ca	33,215	$875K	0.1%	$26.34	$26.34	—	PFD	56029q200
DKS	Dick's Sporting Goods Inc	17,400	$871K	0.1%	$50.06 *	$36.98	+0.2%	COM	253393102
WMT	Wal-Mart Stores Inc	11,630	$866K	0.1%	$74.46 *	$19.98	-2.9%	COM	931142103
—	WellPoint Inc	10,560	$864K	0.1%	$81.82	$81.82	—	COM	94973V107
—	SPDR Gold Trust	7,182	$855K	0.1%	$119.05	$119.05	—	COM	78463v107
GILD	Gilead Sciences Inc	16,634	$853K	0.1%	$51.28 *	$36.21	-1.6%	COM	375558103
BMO	Bank of Montreal	14,515	$842K	0.1%	$58.01 *	$36.25	-3.9%	COM	063671101
—	Public Storage 6.875% Prp Cl7/	32,123	$841K	0.1%	$26.18	$26.18	—	PFD	74460d182
—	HSBC Hldgs 8.125% Prp Cl 4/13	32,300	$819K	0.1%	$25.36	$25.36	—	PFD	404280703
—	KKR Financial 8.375%SrNts Call	29,524	$819K	0.1%	$27.74	$27.74	—	PFD	48248a405
—	Southern Cal Ed 6.5% $100 Cl3/	7,765	$817K	0.1%	$105.22	$105.22	—	PFD	842400723
BMRC	Bank Of Marin Bancorp/CA	20,419	$817K	0.1%	$40.01 *	$13.79	+1.8%	COM	063425102
—	Yahoo! Inc	32,250	$810K	0.1%	$25.12	$25.12	—	COM	984332106
MAT	Mattel Inc	17,733	$803K	0.1%	$45.28	$44.76	+1.2%	COM	577081102
—	Banco Santander 6.80% QDI Clbl	31,687	$799K	0.1%	$25.22	$25.22	—	PFD	80281r706
OEF	iShares S&P 100 Index Fund	10,954	$788K	0.1%	$71.94	$72.66	-1.0%	COM	464287101
—	Excel Trust 8.125% CUM Call 1/	29,551	$758K	0.1%	$25.65	$25.65	—	PFD	30068c307
F	Ford Motor Co	48,042	$743K	0.1%	$15.47 *	$7.61	+8.2%	COM	345370860
—	DTE Energy 6.5% Jr Sub Call 12	28,010	$729K	0.1%	$26.03	$26.03	—	PFD	233331602
—	St Jude Medical Inc	15,948	$728K	0.1%	$45.65	$45.65	—	COM	790849103
—	Pebblebrook Hotel7.875%Perp Cu	28,150	$727K	0.1%	$25.83	$25.83	—	PFD	70509v209
—	TD Ameritrade Holding Corp	29,555	$718K	0.1%	$24.29	$24.29	—	COM	87236y108
—	Agilent Technologies Inc	16,653	$712K	0.1%	$42.76	$42.76	—	COM	00846u101
—	Morgan Stanley 3MoLib+70bp 4%F	32,971	$707K	0.1%	$21.44	$21.44	—	PFD	61747s504
—	Penn RealEstate 7.375%CUM Perp	27,371	$703K	0.1%	$25.68	$25.68	—	PFD	709102503
C	Citigroup Inc	14,646	$703K	0.1%	$48.00 *	$35.76	-0.2%	COM	172967424
—	Life Technologies Corp	9,461	$700K	0.1%	$73.99	$73.99	—	COM	53217v109
—	Raymond James Financial 6.90%	26,420	$699K	0.1%	$26.46	$26.46	—	PFD	754730208
—	Linn Co LLC	18,700	$697K	0.1%	$37.27	$37.27	—	COM	535782106
WTM	White Mountains Insurance Grou	1,205	$693K	0.1%	$575.10	$583.58	-1.5%	COM	G9618E107
—	Varian Medical Systems Inc	10,259	$692K	0.1%	$67.45	$67.45	—	COM	92220P105
—	Hudson Pacific 8.375% Perp N/R	26,167	$692K	0.1%	$26.45	$26.45	—	PFD	444097208
—	Commonwealth REIT 7.25% Prp/Cl	27,039	$679K	0.1%	$25.11	$25.11	—	PFD	203233606
—	Deutsche Bk Tst 6.55%Perp Cl 5	26,842	$677K	0.1%	$25.22	$25.22	—	PFD	25153x208
—	Rockwood Holdings Inc	10,518	$673K	0.1%	$63.99	$63.99	—	COM	774415103
—	Stanley Black & Decker 5.75% C	27,100	$663K	0.1%	$24.46	$24.46	—	PFD	854502705
—	Endurance Specialty 7.75% Cl12	24,360	$658K	0.1%	$27.01	$27.01	—	PFD	29267h208
—	Arch Capital 6.75% BBB QDI Cl	25,530	$658K	0.1%	$25.77	$25.77	—	PFD	g0450a204
—	CenturyLink/Quest (CTL) 7.75%	25,556	$654K	0.1%	$25.59	$25.59	—	PFD	740434873
IOO	iShares S&P Global 100	9,641	$651K	0.1%	$67.52 *	$34.95	-3.4%	COM	464287572
—	Rydex Russell Top 50 ETF	5,715	$650K	0.1%	$113.74	$113.74	—	COM	78355w205
—	SunPower Corp	30,489	$631K	0.1%	$20.70	$20.70	—	COM	867652406
—	M&T Bank 5% to 6.375% Cl 11/18	649	$629K	0.1%	$969.18	$969.18	—	PFD	55261f708
—	LaSalle Hotel 6.375% Call 3/20	26,840	$620K	0.1%	$23.10	$23.10	—	PFD	517942801
—	Hess Corp	9,200	$612K	0.1%	$66.52	$66.52	—	COM	42809h107
—	Barclay's 6.625% Perpetual 9/1	24,775	$612K	0.1%	$24.70	$24.70	—	PFD	06739f390
—	Wells Fargo & Company Perp/Cal	540,000	$610K	0.1%	$1.13	$1.13	—	PFD	949746PM7
—	Prudential PLC 6.75% PrpCl 9/0	23,852	$600K	0.1%	$25.16	$25.16	—	PFD	g7293h114
—	CenturyLink Quest 6.125%Nts Cl	24,800	$598K	0.1%	$24.11	$24.11	—	PFD	74913g600
—	Realty Income 6.625% Call 2/17	23,204	$597K	0.1%	$25.73	$25.73	—	PFD	756109807
—	Retail Properties of America	41,650	$595K	0.1%	$14.29	$14.29	—	COM	76131v202
—	AEGON NV 7.25%Perp Call 03/201	22,458	$564K	0.1%	$25.11	$25.11	—	PFD	n00927348
—	Comcast Corp-Cl A	13,510	$564K	0.1%	$41.75	$41.75	—	COM	20030n101
—	Dominion Resources Inc/Va	9,835	$559K	0.1%	$56.84	$56.84	—	COM	25746u109
TEVA	Teva Pharmaceutical-Sp ADR	14,038	$550K	0.1%	$39.18	$38.94	+0.7%	COM	881624209
—	Scana Corp	11,089	$544K	0.1%	$49.06	$49.06	—	COM	80589m102
UNH	UnitedHealth Group Inc	8,293	$543K	0.1%	$65.48 *	$50.75	+5.6%	COM	91324P102
—	Deutsche Bank 7.35% Call 12/12	21,368	$541K	0.1%	$25.32	$25.32	—	PFD	25154d102
UNP	Union Pacific Corp	3,465	$535K	0.1%	$154.40 *	$57.06	+2.7%	COM	907818108
—	Kimco Realty 6.90% Perp Call8/	20,732	$529K	0.1%	$25.52	$25.52	—	PFD	49446r828
—	Hewlett-Packard Co	21,247	$527K	0.1%	$24.80	$24.80	—	COM	428236103
—	Investors REIT 7.95% Perp CUM	20,047	$526K	0.1%	$26.24	$26.24	—	PFD	461730301
—	Limited 6.70% 3/2033 call 3/20	20,920	$524K	0.1%	$25.05	$25.05	—	PFD	73941x551
—	Allied Capital ARCC6.875% 4/20	20,517	$513K	0.1%	$25.00	$25.00	—	PFD	01903q207
—	Bank of America 6.625%Prp Cl 1	19,504	$510K	0.1%	$26.15	$26.15	—	PFD	060505740
KSS	Kohl's Corp	10,000	$505K	0.1%	$50.50	$49.51	+2.0%	COM	500255104
—	Public Storage 6.5% Perp Call	19,753	$505K	0.1%	$25.57	$25.57	—	PFD	74460d158
—	Southern Cal Ed 5.625% Cl6/17	21,300	$503K	0.1%	$23.62	$23.62	—	PFD	78406t201
—	AEGON 8.00% 2042 Notes Call 08	17,978	$500K	0.1%	$27.81	$27.81	—	PFD	007924608
—	SPDR Materials Select Sector	12,940	$496K	0.1%	$38.33	$38.33	—	COM	81369y100
—	Hanover Insurance 6.35% Cl 3/1	20,423	$496K	0.1%	$24.29	$24.29	—	PFD	410867204
—	Protective Life 6.0% Call 8/17	19,900	$495K	0.1%	$24.87	$24.87	—	PFD	743674707
IFF	Intl Flavors & Fragrances	6,575	$494K	0.1%	$75.13 *	$58.18	-3.1%	COM	459506101
—	Retail Properties of Amer 7.0%	19,834	$494K	0.1%	$24.91	$24.91	—	PFD	76131v608
FLR	Fluor Corp	8,270	$490K	0.1%	$59.25 *	$53.56	-2.2%	COM	343412102
—	Xylem Inc	17,931	$483K	0.1%	$26.94	$26.94	—	COM	98419m100
—	Jacobs Engineering Group Inc	8,599	$474K	0.1%	$55.12	$55.12	—	COM	469814107
—	Regions Financial 6.375% Cl 12	19,300	$473K	0.1%	$24.51	$24.51	—	PFD	7591ep308
IJR	iShares Trust S&P SmallCap 600	5,220	$471K	0.1%	$90.23 *	$44.28	+2.0%	COM	464287804
—	Argo Group 6.5% Sr Notes Call	19,140	$470K	0.1%	$24.56	$24.56	—	PFD	040130205
—	JPMorgan Trst 6.70% Callable 4	18,300	$464K	0.1%	$25.36	$25.36	—	PFD	48125e207
—	P G & E Corp	10,092	$461K	0.1%	$45.68	$45.68	—	COM	69331c108
—	Visa Inc-Class A Shares	2,512	$459K	0.1%	$182.72	$182.72	—	COM	92826c839
—	Reinsurance Group of Amer 6.2%	17,500	$455K	0.1%	$26.00	$26.00	—	PFD	759351703
—	Taubman Centers 6.5% CUM NR Cl	18,178	$451K	0.1%	$24.81	$24.81	—	PFD	876664608
EEM	iShares MSCI Emerging Markets	11,676	$450K	0.1%	$38.54	$41.50	-7.2%	COM	464287234
—	Aspen Insurance 7.401% Call 07	16,716	$448K	0.1%	$26.80	$26.80	—	PFD	g05384139
—	Celgene Corp	3,817	$447K	0.1%	$117.11	$117.11	—	COM	151020104
IVV	iShares S&P 500 Index Fund	2,772	$446K	0.1%	$160.89	$161.92	-0.6%	COM	464287200
IJJ	iShares S&P Midcap 400/Value	4,360	$442K	0.1%	$101.38 *	$50.58	+0.1%	COM	464287705
—	Pitney Bowes 6.7% Cl 3/7/18	17,500	$442K	0.1%	$25.26	$25.26	—	PFD	724479506
—	Pharmaceutical HOLDRs Trust	9,725	$442K	0.1%	$45.45	$45.45	—	COM	71712a206
—	Magellan Midstream Partners	7,996	$436K	0.1%	$54.53	$54.53	—	COM	559080106
—	Utilities Select Sector SPDR	11,551	$435K	0.1%	$37.66	$37.66	—	COM	81369y886
—	Vornado Realty 5.7% Prp Cl 7/1	18,425	$434K	0.1%	$23.55	$23.55	—	PFD	929042851
—	Texas Capitl Bancshares6.50% 2	17,740	$433K	0.1%	$24.41	$24.41	—	PFD	882228aa7
—	Solar Capital 6.75% Cl 11/17	17,800	$432K	0.1%	$24.27	$24.27	—	PFD	83413u308
—	PS Business Parks 6.0% Cl 5/20	17,418	$427K	0.1%	$24.51	$24.51	—	PFD	69360j685
—	HSBC Float 4.5%FL Cl 4/22 CUM	16,900	$424K	0.1%	$25.09	$25.09	—	PFD	40428h706
—	Diageo Plc-Sponsored ADR	3,668	$422K	0.1%	$115.05	$115.05	—	COM	25243q205
—	Harman International	7,690	$417K	0.1%	$54.23	$54.23	—	COM	413086109
—	General Growth Prop 6.375% Cl	18,000	$417K	0.1%	$23.17	$23.17	—	PFD	370023202
—	ETFS Physical Precious Metals	6,185	$413K	0.0%	$66.77	$66.77	—	COM	26922w109
—	Sirius XM Radio Inc	122,784	$411K	0.0%	$3.35	$3.35	—	COM	82967n108
NEM	Newmont Mining Corp	13,712	$411K	0.0%	$29.97 *	$25.34	-10.1%	COM	651639106
—	US Cellular 6.95% 2060 Cl 05/2	16,085	$407K	0.0%	$25.30	$25.30	—	PFD	911684405
ADM	Archer-Daniels-Midland Co	11,909	$404K	0.0%	$33.92 *	$23.37	+1.9%	COM	039483102
SU	Suncor Energy Inc	13,605	$401K	0.0%	$29.47 *	$19.64	-1.7%	COM	867224107
—	Medical Properties Trust Inc	27,824	$398K	0.0%	$14.30	$14.30	—	COM	68463J304
—	PrivateBancorp PVTB 7.125% Cal	15,245	$396K	0.0%	$25.98	$25.98	—	PFD	742962400
—	Morgan Stanley 6.60% 2/46 Cl 0	15,592	$394K	0.0%	$25.27	$25.27	—	PFD	617461207
—	Aetna Inc	6,038	$384K	0.0%	$63.60	$63.60	—	COM	00817Y108
—	Guggenheim BRIC ETF	12,335	$379K	0.0%	$30.73	$30.73	—	COM	18383m100
—	Royal Dutch Shell Plc-ADR A	5,820	$371K	0.0%	$63.75	$63.75	—	COM	780259206
—	Axis Capital 6.875% Cl 4/17 QD	14,150	$370K	0.0%	$26.15	$26.15	—	PFD	g0692u307
BDX	Becton Dickinson & Co	3,721	$368K	0.0%	$98.90 *	$78.11	+1.5%	COM	075887109
—	Manulife Financial Corp	22,935	$367K	0.0%	$16.00	$16.00	—	COM	56501r106
—	Quest Diagnostics	6,035	$366K	0.0%	$60.65	$60.65	—	COM	74834l100
—	Protective Life 6.25% Callable	14,600	$366K	0.0%	$25.07	$25.07	—	PFD	743674608
—	Energy Transfer Equity LP	6,100	$365K	0.0%	$59.84	$59.84	—	COM	29273v100
—	GE Cap Corp 6.25% Perp/Call 12	350,000	$361K	0.0%	$1.03	$1.03	—	PFD	369622SP1
—	HSBC USA 6.50% Perp/Call 7/11	14,362	$360K	0.0%	$25.07	$25.07	—	PFD	40428h862
—	Johnson Controls Inc	10,026	$359K	0.0%	$35.81	$35.81	—	COM	478366107
—	BAC Flt LIB+35 BB+ NCU QDI Cl	15,595	$359K	0.0%	$23.02	$23.02	—	PFD	060505815
AHL V9.62352 PERP	Aspen Insurance 5.95% Cl 7/23	14,000	$357K	0.0%	$25.50	$25.50	—	PFD	G05384154
GS	Goldman Sachs Group Inc	2,360	$357K	0.0%	$151.27 *	$120.06	-0.6%	COM	38141G104
—	Marathon Oil Corp	10,298	$356K	0.0%	$34.57	$34.57	—	COM	565849106
—	Apache Corp	4,228	$354K	0.0%	$83.73	$83.73	—	COM	037411105
—	First Trust Mid Cap Value ETF	14,144	$353K	0.0%	$24.96	$24.96	—	COM	33737m201
—	Zimmer Holdings Inc	4,691	$352K	0.0%	$75.04	$75.04	—	COM	98956p102
YUM	Yum! Brands Inc	5,013	$348K	0.0%	$69.42 *	$38.97	+0.7%	COM	988498101
LULU	Lululemon Athletica Inc	5,256	$344K	0.0%	$65.45	$72.51	-9.7%	COM	550021109
—	General Growth Properties	16,966	$337K	0.0%	$19.86	$19.86	—	COM	370021107
—	MetLife 6.5% Perp Cl 9/10 BBB-	13,272	$336K	0.0%	$25.32	$25.32	—	PFD	59156r603
—	Citigroup 5.8% B1 Call 4/18 QD	14,000	$334K	0.0%	$23.86	$23.86	—	PFD	172967366
—	Deutsche Bnk 6.625% Prp Cl 8/1	13,320	$333K	0.0%	$25.00	$25.00	—	PFD	25153y206
—	Charles Schwab 6.0% Cl 9/17 BB	12,750	$324K	0.0%	$25.41	$25.41	—	PFD	808513204
—	AEGON NV 6.50% Perp Cl 12/10 B	13,081	$323K	0.0%	$24.69	$24.69	—	PFD	007924400
RHI	Robert Half Intl Inc	9,600	$319K	0.0%	$33.23	$34.44	-3.5%	COM	770323103
—	Citigroup Inc 5.95% Perp Call	320,000	$318K	0.0%	$0.99	$0.99	—	PFD	172967GD7
—	Annaly Capital 7.625% Perp Cl	12,713	$315K	0.0%	$24.78	$24.78	—	PFD	035710706
—	Bank of America 7.25% BB+ Call	12,394	$315K	0.0%	$25.42	$25.42	—	PFD	060505724
—	Merrill Lynch 7.28% Perp Cl 9/	12,350	$311K	0.0%	$25.18	$25.18	—	PFD	59021k205
SYK	Stryker Corp	4,710	$305K	0.0%	$64.76 *	$56.92	-2.2%	COM	863667101
ESS	Essex Property Trust Inc	1,915	$304K	0.0%	$158.75 *	$105.05	+1.7%	COM	297178105
VYM	Vanguard High Dividend Yield E	5,395	$304K	0.0%	$56.35	$56.57	-0.4%	COM	921946406
—	AEGON 6.875% Perp Call 9/15/11	11,918	$297K	0.0%	$24.92	$24.92	—	PFD	n00927306
EWZ	iShares MSCI Brazil Index	6,712	$294K	0.0%	$43.80	$51.94	-15.6%	COM	464286400
AEP	American Electric Power	6,565	$294K	0.0%	$44.78 *	$30.44	-6.3%	COM	025537101
—	McGraw Hill Financial Inc	5,500	$293K	0.0%	$53.27	$53.27	—	COM	580645109
—	Northeast Utilities	6,923	$291K	0.0%	$42.03	$42.03	—	COM	664397106
USB	US Bancorp	7,826	$283K	0.0%	$36.16 *	$22.41	+6.0%	COM	902973304
SCHW	Schwab (Charles) Corp	13,270	$282K	0.0%	$21.25 *	$15.92	+15.1%	COM	808513105
—	HSBC USA Float 3mo US Libor+75	11,674	$280K	0.0%	$23.98	$23.98	—	PFD	40428h888
IYZ	iShares DJ US Telecommunicatio	10,758	$278K	0.0%	$25.84	$26.15	-1.1%	COM	464287713
—	Energy Transfer Partners LP	5,490	$277K	0.0%	$50.46	$50.46	—	COM	29273r109
—	ProLogis Inc	7,289	$275K	0.0%	$37.73	$37.73	—	COM	74340w103
VV	Vanguard Large-Cap Vipers	3,699	$272K	0.0%	$73.53	$73.74	-0.4%	COM	922908637
IYE	iShares DJ US Energy Sector	6,054	$270K	0.0%	$44.60	$45.15	-1.4%	COM	464287796
STT	State Street Corp	4,088	$267K	0.0%	$65.31 *	$44.60	+5.3%	COM	857477103
IWM	iShares Russell 2000 Index Fun	2,733	$265K	0.0%	$96.96	$95.50	+1.6%	COM	464287655
ALL	Allstate Corp	5,512	$265K	0.0%	$48.08 *	$37.12	-0.8%	COM	020002101
OGE	OGE Energy Corp	3,875	$264K	0.0%	$68.13 *	$34.79	-2.0%	COM	670837103
—	Marathon Petroleum Corp	3,709	$264K	0.0%	$71.18	$71.18	—	COM	56585a102
BEN	Franklin Resources Inc	1,938	$264K	0.0%	$136.22 *	$30.23	-10.8%	COM	354613101
NSC	Norfolk Southern Corp	3,621	$263K	0.0%	$72.63 *	$57.67	-4.6%	COM	655844108
VIG	Vanguard Dividend Appreciation	3,949	$261K	0.0%	$66.09	$67.14	-1.4%	COM	921908844
—	Market Vectors Agribusiness ET	5,029	$257K	0.0%	$51.10	$51.10	—	COM	57060u605
—	MetLife 3MoLibor+100 Min 4.0%	10,565	$257K	0.0%	$24.33	$24.33	—	PFD	59156r504
—	Nordstrom Inc	4,253	$255K	0.0%	$59.96	$59.96	—	COM	655664100
—	National Oilwell Varco Inc	3,689	$254K	0.0%	$68.85	$68.85	—	COM	637071101
—	Plum Creek Timber Co	5,453	$254K	0.0%	$46.58	$46.58	—	COM	729251108
—	News Corp 7.00% 12/1/2095 call	10,057	$253K	0.0%	$25.16	$25.16	—	PFD	863117206
IEV	iShares S&P Europe 350	6,475	$251K	0.0%	$38.76	$41.02	-5.5%	COM	464287861
—	Chesapeake Energy Corp	12,300	$251K	0.0%	$20.41	$20.41	—	COM	165167107
—	Strategic Hotels&Resorts 8.25%	10,429	$250K	0.0%	$23.97	$23.97	—	PFD	86272t502
—	MFA Financial 7.5% Prp Cl 4/15	10,300	$250K	0.0%	$24.27	$24.27	—	PFD	55272x409
—	L-3 Communications Holdings	2,901	$249K	0.0%	$85.83	$85.83	—	COM	502424104
—	ProShares Short 20+ Treasury	7,905	$248K	0.0%	$31.37	$31.37	—	COM	74347x849
—	CBL & Associates 6.5% Perp CUM	9,982	$248K	0.0%	$24.84	$24.84	—	PFD	124830803
—	Adobe Systems Inc	5,370	$245K	0.0%	$45.62	$45.62	—	COM	00724f101
—	C.H. Robinson Worldwide Inc	4,325	$244K	0.0%	$56.42	$56.42	—	COM	12541w209
TJX	TJX Companies Inc	4,781	$239K	0.0%	$49.99 *	$20.82	+1.6%	COM	872540109
—	EOG Resources Inc	1,754	$231K	0.0%	$131.70	$131.70	—	COM	26875p101
PAA	Plains All American Pipeline L	4,100	$229K	0.0%	$55.85	$55.85	—	COM	726503105
—	Total SA-Spon ADR	4,653	$227K	0.0%	$48.79	$48.79	—	COM	89151e109
—	DIRECTV Group Inc/The	3,584	$221K	0.0%	$61.66	$61.66	—	COM	25490a309
SIEGY	Siemens Ag-Spons ADR	2,180	$221K	0.0%	$101.38	$104.90	-3.4%	COM	826197501
RIG	Transocean Ltd	4,571	$219K	0.0%	$47.91	$50.97	-5.9%	COM	H8817H100
—	Rydex S&P Equal Weight ETF	3,545	$217K	0.0%	$61.21	$61.21	—	COM	78355w106
BAX	Baxter International Inc.	3,085	$214K	0.0%	$69.37 *	$30.42	-1.3%	COM	071813109
BHP	BHP Billiton Ltd-Spon ADR	3,710	$214K	0.0%	$57.68 *	$62.13	-12.0%	COM	088606108
—	ING Grp NV 7.20%Pfd Perp/Cl l2	8,543	$214K	0.0%	$25.05	$25.05	—	PFD	456837301
—	ASML Holding NV-NY Reg Shs	2,655	$210K	0.0%	$79.10	$79.10	—	COM	n07059186
ILF	iShares S&P Latin American 40	5,670	$208K	0.0%	$36.68	$41.18	-10.7%	COM	464287390
UDR	UDR Inc	8,173	$208K	0.0%	$25.45 *	$15.84	+2.9%	COM	902653104
ROST	Ross Stores Inc	3,197	$207K	0.0%	$64.75 *	$28.26	+1.4%	COM	778296103
—	Citizens Comm 8.375% 10/46 Cal	7,970	$202K	0.0%	$25.35	$25.35	—	PFD	740434881
PSX	Phillips 66	3,416	$201K	0.0%	$58.84 *	$40.44	-6.0%	COM	718546104
—	GoldmanSachs 6.2% Prp Cl 10/10	8,062	$201K	0.0%	$24.93	$24.93	—	PFD	023574578
—	Amarillo Gold Corp	950,000	$198K	0.0%	$0.21	$0.21	—	COM	041133317
—	Quality Systems Inc	10,000	$187K	0.0%	$18.70	$18.70	—	COM	747582104
INN	Summit Hotel Properties Inc	15,576	$147K	0.0%	$9.44	$9.44	—	COM	866082100
—	Flagstar Bancorp Inc	10,000	$140K	0.0%	$14.00	$14.00	—	COM	337930705
—	Frontier Communications Corp	18,418	$75,000	0.0%	$4.07	$4.07	—	COM	35906a108
—	Biocryst Pharmaceuticals Inc	36,261	$56,000	0.0%	$1.54	$1.54	—	COM	09058v103
—	Eurasian Minerals Inc	44,086	$53,000	0.0%	$1.20	$1.20	—	COM	29843r100
—	Sierra Vista Bank	20,000	$51,000	0.0%	$2.55	$2.55	—	COM	82651b105
—	Yingli Green Energy Holding Co	15,000	$49,000	0.0%	$3.27	$3.27	—	COM	98584b103
CERS	Cerus Corp	10,000	$44,000	0.0%	$4.40	$4.84	-8.7%	COM	157085101
—	Novabay Pharmaceuticals Inc	23,333	$32,000	0.0%	$1.37	$1.37	—	COM	66987p102
—	Silvercorp Metals Inc	10,000	$28,000	0.0%	$2.80	$2.80	—	COM	82835p103
—	Zogenix Inc	10,000	$17,000	0.0%	$1.70	$1.70	—	COM	98978l105
—	Li & Fung Ltd Ord New	10,000	$14,000	0.0%	$1.40	$1.40	—	COM	g5485f151
—	Integral Technologies Inc	17,000	$10,000	0.0%	$0.59	$0.59	—	COM	45810j103
—	Spectral Diagnostics Inc	25,000	$7,000	0.0%	$0.28	$0.28	—	COM	847574100
—	EMC Metals Corp	23,400	$1,000	0.0%	$0.04	$0.04	—	COM	268665106
—	Gasco Energy Inc	12,245	$0	0.0%	$0.00	—	—	COM	367220100
—	Encounter Technologies Inc	62,000	$0	0.0%	$0.00	—	—	COM	29259j105
—	Voyant International Corp	53,652	$0	0.0%	$0.00	—	—	COM	92909w108
—	Infinito Gold Ltd	33,130	$0	0.0%	$0.00	—	—	COM	45671c106
—	Piedmont Mining Co Inc	10,000	$0	0.0%	$0.00	—	—	COM	720172105