Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
WFC	Wells Fargo & Company	480,956	$19.87M	2.4%	$41.32 *	$27.36	+7.1%	COM	949746101
CVX	Chevron Corp	161,824	$19.66M	2.3%	$121.50 *	$71.30	+1.8%	COM	166764100
—	Verizon Communications Inc	407,072	$19M	2.3%	$46.67	$50.34	—	COM	92343v104
JNJ	Johnson & Johnson	184,962	$16.03M	1.9%	$86.69 *	$59.66	+3.4%	COM	478160104
PG	Procter & Gamble Co	181,661	$13.73M	1.6%	$75.59 *	$55.00	-2.8%	COM	742718109
—	General Electric Co	565,627	$13.51M	1.6%	$23.89	$23.19	—	COM	369604103
XOM	Exxon Mobil Corp	148,235	$12.75M	1.5%	$86.04 *	$53.69	-3.4%	COM	30231G102
COP	ConocoPhillips	181,174	$12.59M	1.5%	$69.51 *	$39.96	+16.2%	COM	20825C104
—	Wells Fargo 8.00% Prp Cl12/17	421,438	$11.95M	1.4%	$28.35	$28.88	—	PFD	949746879
AAPL	Apple Inc	23,846	$11.37M	1.4%	$476.77 *	$13.17	+11.6%	COM	037833100
MCD	McDonald's Corp	112,047	$10.78M	1.3%	$96.21 *	$71.80	-2.6%	COM	580135101
BMY	Bristol-Myers Squibb Co	224,454	$10.39M	1.2%	$46.28 *	$28.67	+7.5%	COM	110122108
VTI	Vanguard Total Stock Mk Vipers	114,637	$10.05M	1.2%	$87.65	$83.13	+5.4%	COM	922908769
COST	Costco Wholesale Corp	79,509	$9.157M	1.1%	$115.17 *	$86.62	+5.7%	COM	22160K105
—	AT&T Inc	266,511	$9.013M	1.1%	$33.82	$35.40	—	COM	00206r102
IBM	Intl Business Machines Corp	48,396	$8.962M	1.1%	$185.18 *	$118.94	-8.5%	COM	459200101
—	Aviva 8.25% 12/2041 Call 12/20	304,449	$8.403M	1.0%	$27.60	$27.34	—	PFD	05382a203
INTC	Intel Corp	359,617	$8.243M	1.0%	$22.92 *	$17.18	-1.7%	COM	458140100
PFF	iShares S&P US Preferred Stock	203,933	$7.749M	0.9%	$38.00	$40.20	-5.5%	COM	464288687
—	3M Co	63,176	$7.544M	0.9%	$119.41	$109.35	—	COM	88579y101
—	NextEra Energy Inc	84,306	$6.758M	0.8%	$80.16	$81.48	—	COM	65339f101
PFE	Pfizer Inc	232,699	$6.684M	0.8%	$28.72 *	$16.46	-0.2%	COM	717081103
ABT	Abbott Laboratories	196,063	$6.507M	0.8%	$33.19 *	$28.81	-9.0%	COM	002824100
—	Wachovia (WFC) Perp/Call 2/11	7,075,000	$6.385M	0.8%	$0.90	$0.98	—	PFD	92978AAA0
KMB	Kimberly-Clark Corp	66,039	$6.222M	0.7%	$94.22 *	$62.80	-4.6%	COM	494368103
PEP	PepsiCo Inc	77,857	$6.19M	0.7%	$79.50 *	$56.00	-1.5%	COM	713448108
—	SPDR S&P Dividend ETF	89,781	$6.19M	0.7%	$68.95	$66.30	—	COM	78464a763
—	HCP Inc	142,003	$5.815M	0.7%	$40.95	$45.38	—	COM	40414l109
MSFT	Microsoft Corp	173,605	$5.778M	0.7%	$33.28 *	$26.71	+2.6%	COM	594918104
—	Du Pont (E.I.) De Nemours	97,455	$5.707M	0.7%	$58.56	$52.68	—	COM	263534109
—	Altria Group Inc	163,132	$5.604M	0.7%	$34.35	$34.99	—	COM	02209s103
OXY	Occidental Petroleum Corp	58,984	$5.517M	0.7%	$93.53 *	$57.83	+7.4%	COM	674599105
DVY	iShares DJ Select Dividend Ind	80,614	$5.348M	0.6%	$66.34	$64.72	+2.5%	COM	464287168
—	AbbVie Inc	119,204	$5.332M	0.6%	$44.73	$41.34	—	COM	00287y109
JPM	JPMorgan Chase & Co	102,081	$5.277M	0.6%	$51.69 *	$36.24	+2.4%	COM	46625H100
—	Target Corp	81,392	$5.207M	0.6%	$63.97	$68.51	—	COM	87612e106
—	Whole Foods Market Inc	88,836	$5.197M	0.6%	$58.50	$51.96	—	COM	966837106
CLX	Clorox Company	62,275	$5.089M	0.6%	$81.72 *	$59.93	-4.0%	COM	189054109
VB	Vanguard Small-Cap Vipers	48,600	$4.981M	0.6%	$102.49	$92.50	+10.8%	COM	922908751
—	Partner Re 7.25% Call 06/16 BB	196,809	$4.952M	0.6%	$25.16	$27.06	—	PFD	g68603508
—	SPDR S&P500 Index Trust Series	29,405	$4.94M	0.6%	$168.00	$160.42	—	COM	78462f103
—	Merck & Co. Inc.	99,668	$4.745M	0.6%	$47.61	$46.45	—	COM	58933y105
—	HSBC Hldgs 8.0% Prp Cl 12/15 B	172,533	$4.667M	0.6%	$27.05	$27.09	—	PFD	404280802
—	Waste Management Inc	109,618	$4.521M	0.5%	$41.24	$40.37	—	COM	94106l109
NKE	Nike Inc -Cl B	61,534	$4.47M	0.5%	$72.64 *	$26.62	+17.0%	COM	654106103
—	Sanofi-ADR	87,488	$4.43M	0.5%	$50.64	$51.52	—	COM	80105n105
ECL	Ecolab Inc	44,709	$4.415M	0.5%	$98.75 *	$73.76	+17.1%	COM	278865100
CAT	Caterpillar Inc	51,579	$4.302M	0.5%	$83.41 *	$61.55	-1.1%	COM	149123101
GIS	General Mills Inc	89,261	$4.277M	0.5%	$47.92 *	$31.98	-1.7%	COM	370334104
WMB	Williams Cos Inc	117,571	$4.275M	0.5%	$36.36 *	$17.98	+3.1%	COM	969457100
DIS	Disney Co./Walt The	63,832	$4.116M	0.5%	$64.48 *	$56.13	+2.1%	COM	254687106
—	Spectra Energy Corp	119,928	$4.105M	0.5%	$34.23	$34.46	—	COM	847560109
HON	Honeywell International Inc	49,307	$4.094M	0.5%	$83.03 *	$53.13	+9.0%	COM	438516106
—	SPDR S&P MidCap 400 ETF Trust	17,746	$4.016M	0.5%	$226.30	$210.67	—	COM	78467y107
KO	Coca-Cola Co/The	105,608	$4M	0.5%	$37.88 *	$27.85	-7.3%	COM	191216100
—	Digital Realty 7.0% Perp Call	164,738	$3.95M	0.5%	$23.98	$25.60	—	PFD	253868707
CL	Colgate-Palmolive Co	66,214	$3.926M	0.5%	$59.29 *	$44.40	+0.6%	COM	194162103
HD	Home Depot Inc	51,756	$3.926M	0.5%	$75.86 *	$56.14	+1.7%	COM	437076102
—	KKR Financial7.375% Perp Call	156,874	$3.922M	0.5%	$25.00	$25.90	—	PFD	48248a603
ADP	Automatic Data Processing	53,725	$3.889M	0.5%	$72.39 *	$45.40	+6.9%	COM	053015103
—	CenturyLink SnNote7.5% 2051 Cl	151,195	$3.806M	0.5%	$25.17	$26.48	—	PFD	74913g303
UPS	United Parcel Service-Cl B	41,285	$3.772M	0.5%	$91.36 *	$55.84	+6.7%	COM	911312106
—	Walgreen Co	69,882	$3.76M	0.4%	$53.80	$46.20	—	COM	931422109
—	Telephone & Data 6.875% Cl 11/	153,754	$3.696M	0.4%	$24.04	$25.58	—	PFD	879433845
VO	Vanguard Mid-Cap Vipers	36,000	$3.689M	0.4%	$102.47 *	$23.72	+8.0%	COM	922908629
—	Barclays 8.125% Perp/Cl 9/13 B	144,005	$3.663M	0.4%	$25.44	$25.33	—	PFD	06739h362
—	KKR Financial 7.50% SrNotes Ca	144,037	$3.625M	0.4%	$25.17	$26.57	—	PFD	48248a504
—	SL Green Realty 6.5% Perp CUM	154,108	$3.575M	0.4%	$23.20	$24.66	—	PFD	78440x507
O	Realty Income Corp	89,123	$3.543M	0.4%	$39.75 *	$24.74	-12.6%	COM	756109104
—	Kinder Morgan Management LLC	47,078	$3.529M	0.4%	$74.96	$83.59	—	COM	49455u100
EIX	Edison International	75,740	$3.489M	0.4%	$46.07 *	$30.71	-5.4%	COM	281020107
ABBNY	ABB Ltd -Spon ADR	147,762	$3.486M	0.4%	$23.59 *	$21.27	+6.4%	COM	000375204
—	Vornado Realty 6.875% Prp/Cl 4	138,446	$3.482M	0.4%	$25.15	$25.77	—	PFD	929042869
—	EGShares Dow Jones Emerging Ma	129,014	$3.476M	0.4%	$26.94	$25.81	—	COM	268461779
—	Kinder Morgan Energy Partners	43,348	$3.46M	0.4%	$79.82	$85.40	—	COM	494550106
VNO	Vornado Realty Trust	41,099	$3.455M	0.4%	$84.07	$83.00	—	COM	929042109
NSRGY	Nestle Sa-Spons ADR For Reg	48,742	$3.392M	0.4%	$69.59	$69.05	+0.8%	COM	641069406
—	Medtronic Inc	62,565	$3.332M	0.4%	$53.26	$51.57	—	COM	585055106
LOW	Lowe's Cos Inc	69,452	$3.307M	0.4%	$47.62 *	$32.16	+18.9%	COM	548661107
BA	Boeing Co	27,933	$3.282M	0.4%	$117.50 *	$80.52	+24.3%	COM	097023105
TD	Toronto-Dominion Bank	34,961	$3.146M	0.4%	$89.99 *	$40.42	+11.3%	COM	891160509
—	Freeport-McMoRan Copper & Gold	93,812	$3.103M	0.4%	$33.08	$27.69	—	COM	35671d857
—	Accenture PLC-Cl A	42,087	$3.099M	0.4%	$73.63	$72.02	—	COM	g1151c101
—	First Republic Bank 6.2% Cl 6/	137,310	$3.069M	0.4%	$22.35	$24.85	—	PFD	33616c407
DHR	Danaher Corp	43,521	$3.017M	0.4%	$69.32 *	$25.01	+12.6%	COM	235851102
—	Google Inc-Cl A	3,419	$2.995M	0.4%	$875.99	$880.35	—	COM	38259P508
—	Vodaphone Group Plc-Sp ADR	84,833	$2.984M	0.4%	$35.17	$28.75	—	COM	92857w209
—	SPDR Technology Select Sector	92,118	$2.951M	0.4%	$32.03	$30.63	—	COM	81369y803
—	Novartis Ag-ADR	37,550	$2.88M	0.3%	$76.70	$70.72	—	COM	66987v109
CSCO	Cisco Systems Inc	122,597	$2.873M	0.3%	$23.43 *	$15.26	+4.7%	COM	17275R102
—	Aspen Insurance 7.25% Call07/2	113,205	$2.837M	0.3%	$25.06	$25.96	—	PFD	g05384147
—	Scana Corp 7.70% 2065 Cl1/2015	105,538	$2.785M	0.3%	$26.39	$26.84	—	PFD	80589m201
—	Deutsche Bank 8.05% PrpCl6/18	104,429	$2.782M	0.3%	$26.64	$27.53	—	PFD	25150l108
—	GlaxoSmithKline Plc-ADR	54,839	$2.751M	0.3%	$50.17	$49.97	—	COM	37733w105
—	Travelers Cos Inc/The	32,093	$2.721M	0.3%	$84.78	$79.91	—	COM	89417e109
GPC	Genuine Parts Co	33,362	$2.699M	0.3%	$80.90 *	$54.25	+5.3%	COM	372460105
—	CenturyLink Quest 7.0%SnNts Cl	109,760	$2.638M	0.3%	$24.03	$25.93	—	PFD	74913g501
—	JPMorgan 7.9% Perp/Call 4/18 -	2,395,000	$2.605M	0.3%	$1.09	$1.13	—	PFD	46625HHA1
—	Unilever N V -NY Shares	67,897	$2.561M	0.3%	$37.72	$39.31	—	COM	904784709
—	Chubb Corp	27,996	$2.499M	0.3%	$89.26	$85.01	—	COM	171232101
—	Oracle Corp	75,275	$2.497M	0.3%	$33.17	$30.74	—	COM	68389x105
—	United Technologies Corp	22,919	$2.471M	0.3%	$107.81	$92.93	—	COM	913017109
—	AGL Resources Inc	53,411	$2.459M	0.3%	$46.04	$43.19	—	COM	001204106
AXP	American Express Co	32,221	$2.433M	0.3%	$75.51 *	$60.53	+4.9%	COM	025816109
PM	Philip Morris International	28,040	$2.428M	0.3%	$86.59 *	$49.85	-5.0%	COM	718172109
SWK	Stanley Black & Decker Inc	26,526	$2.402M	0.3%	$90.55 *	$56.98	+16.7%	COM	854502101
SRE	Sempra Energy	27,570	$2.36M	0.3%	$85.60 *	$27.60	+6.6%	COM	816851109
SO	Southern Co	56,898	$2.343M	0.3%	$41.18 *	$26.70	-8.9%	COM	842587107
—	Health Care Select Sector	46,255	$2.34M	0.3%	$50.59	$47.61	—	COM	81369y209
—	SPDR Energy Select Sector	27,753	$2.301M	0.3%	$82.91	$78.35	—	COM	81369y506
—	Charles Schwab 7% Perp/Call 2/	2,097,000	$2.286M	0.3%	$1.09	$1.12	—	PFD	808513AE5
PRU	Prudential Financial Inc	29,018	$2.263M	0.3%	$77.99 *	$38.78	+21.0%	COM	744320102
WHR	Whirlpool Corp	15,425	$2.259M	0.3%	$146.45	$121.66	+20.4%	COM	963320106
CVS	CVS Caremark Corp	39,805	$2.259M	0.3%	$56.75 *	$41.44	-1.6%	COM	126650100
VEA	Vanguard MSCI EAFE Index ETF	56,918	$2.253M	0.3%	$39.58	$37.38	+5.9%	COM	921943858
—	Twenty-First Century Fox-B (fo	67,072	$2.24M	0.3%	$33.40	$32.84	—	COM	90130a200
—	CenterPoint Energy Inc	93,338	$2.237M	0.3%	$23.97	$23.49	—	COM	15189t107
—	Consumer Staples SPDR	56,145	$2.235M	0.3%	$39.81	$39.67	—	COM	81369y308
—	Consumer Discretionary Select	36,183	$2.194M	0.3%	$60.64	$56.47	—	COM	81369y407
APD	Air Products & Chemicals Inc	20,464	$2.181M	0.3%	$106.58 *	$61.76	+18.5%	COM	009158106
—	Praxair Inc	18,134	$2.18M	0.3%	$120.22	$116.31	—	COM	74005p104
—	Maiden Hldgs 8.00% Nts 2042 ca	84,333	$2.145M	0.3%	$25.43	$26.61	—	PFD	56029q309
—	SPDR Industrial Select Sector	45,908	$2.13M	0.3%	$46.40	$42.79	—	COM	81369y704
VWO	Vanguard MSCI Emerging Market	51,874	$2.082M	0.2%	$40.14	$41.86	-4.1%	COM	922042858
BRK/B	Berkshire Hathaway Inc-Cl B	18,128	$2.058M	0.2%	$113.53	$110.02	+3.2%	COM	084670702
—	Maiden Holdings 8.25%Prp Cl8/2	80,583	$2.035M	0.2%	$25.25	$26.28	—	PFD	g5753u120
EMR	Emerson Electric Co	31,189	$2.018M	0.2%	$64.70 *	$40.02	+16.2%	COM	291011104
—	Corporate Office Prop 7.375% C	79,341	$1.973M	0.2%	$24.87	$25.65	—	PFD	22002t884
—	Duke Energy Corp	29,526	$1.972M	0.2%	$66.79	$67.51	—	COM	26441c204
—	Mylan Laboratories	51,616	$1.97M	0.2%	$38.17	$31.35	—	COM	628530107
—	Public Storage 6.50% Call 4/20	73,354	$1.849M	0.2%	$25.21	$25.71	—	PFD	74460d141
—	Pebblebrook Hotel 8.00%Perp Cu	71,275	$1.841M	0.2%	$25.83	$26.07	—	PFD	70509v308
TM	Toyota Motor Corp -Spon ADR	14,359	$1.838M	0.2%	$128.00	$116.78	+9.6%	COM	892331307
—	Public Storage 5.90% Perp CUM	80,550	$1.836M	0.2%	$22.79	$25.00	—	PFD	74460w206
—	Prospect Captl 6.95% Sr Nts 20	70,563	$1.816M	0.2%	$25.74	$25.45	—	PFD	74348t201
—	Comcast Corp-Cl A	40,113	$1.81M	0.2%	$45.12	$43.99	—	COM	20030n101
—	Unilever Plc-Sponsored ADR	45,162	$1.742M	0.2%	$38.57	$40.41	—	COM	904767704
EPD	Enterprise Products Partners	28,192	$1.721M	0.2%	$61.05	$62.11	—	COM	293792107
—	Citigroup 7.125% Fxd-to-Flt Cl	68,050	$1.718M	0.2%	$25.25	$25.25	—	PFD	172967358
—	Chesapeake Lodging 7.75% PerpC	69,168	$1.717M	0.2%	$24.82	$25.50	—	PFD	165240201
MDLZ	Mondelez International	53,768	$1.689M	0.2%	$31.41 *	$23.18	+4.1%	COM	609207105
—	First Republic Bank 6.70% Cl20	70,476	$1.67M	0.2%	$23.70	$25.92	—	PFD	33616c209
—	PowerShares Preferred Portfoli	121,457	$1.663M	0.2%	$13.69	$14.25	—	COM	73936t565
—	Barclays 7.75% Prp Cl 9/13 BBB	65,608	$1.657M	0.2%	$25.26	$25.26	—	PFD	06739h511
—	Cerner Corp	31,350	$1.647M	0.2%	$52.54	$75.11	—	COM	156782104
SLB	Schlumberger Ltd	18,305	$1.617M	0.2%	$88.34 *	$53.00	+20.0%	COM	806857108
—	Endurance Specialty 7.5% Cl 6/	64,781	$1.616M	0.2%	$24.95	$26.55	—	PFD	g30397304
UNH	UnitedHealth Group Inc	22,530	$1.613M	0.2%	$71.59 *	$55.73	+5.6%	COM	91324P102
—	GE Cap Corp 7.125% Perp/Call 6	1,480,000	$1.61M	0.2%	$1.09	$1.13	—	PFD	369622SN6
—	Endurance Specialty 7.75% Cl12	63,114	$1.598M	0.2%	$25.32	$25.97	—	PFD	29267h208
SBUX	Starbucks Corp	20,246	$1.558M	0.2%	$76.95 *	$24.75	+22.5%	COM	855244109
—	CenturyLink SnNotes 7.0% 2050	63,690	$1.55M	0.2%	$24.34	$25.85	—	PFD	74913G402
—	LaSalle Hotel 7.50% Perp CUM C	62,360	$1.537M	0.2%	$24.65	$25.97	—	PFD	517942702
DE	Deere & Co	18,877	$1.536M	0.2%	$81.37 *	$67.91	-4.5%	COM	244199105
FDL	First Trust Dividend Leaders I	71,888	$1.498M	0.2%	$20.84	$21.09	-1.2%	COM	336917109
EFA	iShares MSCI EAFE Index Fund	23,233	$1.482M	0.2%	$63.79	$60.59	+5.3%	COM	464287465
—	Laboratory Corp Of Amer Hldgs	14,754	$1.463M	0.2%	$99.16	$100.10	—	COM	50540r409
—	Hartford Finl 7.875% 2042 call	51,990	$1.462M	0.2%	$28.12	$29.57	—	PFD	416518504
—	Eaton Corp PLC	21,219	$1.461M	0.2%	$68.85	$65.81	—	COM	g29183103
PEG	Public Service Enterprise Grou	43,967	$1.448M	0.2%	$32.93 *	$21.73	-1.8%	COM	744573106
—	ING Groep NV 7 3/8% Cl 10/12 B	56,883	$1.423M	0.2%	$25.02	$24.99	—	PFD	456837707
—	US Bancorp 6.5% FxdToFlt Cl 2/	53,826	$1.399M	0.2%	$25.99	$27.97	—	PFD	902973833
—	Discover Financial 6.50%Perp Q	59,210	$1.393M	0.2%	$23.53	$25.10	—	PFD	254709207
—	Deutsche Bnk 7.6% Prp Cl 2/18	53,359	$1.385M	0.2%	$25.96	$26.70	—	PFD	25154a108
—	AON Cap 8.205% 1/27 Non-Call B	46,159	$1.373M	0.2%	$29.75	$29.74	—	PFD	22532r101
—	Ares Capital 7.75% 2040 Call 1	53,515	$1.368M	0.2%	$25.56	$25.92	—	PFD	04010l202
—	BCE Inc	32,000	$1.366M	0.2%	$42.69	$41.02	—	COM	05534b760
GD	General Dynamics Corp	15,450	$1.352M	0.2%	$87.51 *	$56.44	+18.5%	COM	369550108
MKC	McCormick & Co-Non Vtg Shrs	20,365	$1.318M	0.2%	$64.72 *	$28.19	-9.6%	COM	579780206
—	Linn Energy LLC-Units	50,450	$1.308M	0.2%	$25.93	$33.17	—	COM	536020100
—	Campus Crest Comm 8.00% Perp C	49,672	$1.291M	0.2%	$25.99	$26.34	—	PFD	13466y204
—	Roche Holdings LTD-Spons ADR	18,951	$1.28M	0.2%	$67.54	$61.95	—	COM	010397936
BAC	Bank of America Corp	92,412	$1.275M	0.2%	$13.80 *	$10.07	+7.9%	COM	060505104
—	InterContinental Hotels-ADR	43,452	$1.269M	0.2%	$29.20	$27.87	—	COM	45857p400
—	CenturyLink Quest7.375% 6/51 C	50,722	$1.269M	0.2%	$25.02	$26.29	—	PFD	74913g204
—	Public Storage 6.875% Prp Cl7/	48,683	$1.237M	0.1%	$25.41	$25.92	—	PFD	74460d182
AMGN	Amgen Inc	10,990	$1.23M	0.1%	$111.92 *	$73.34	+8.6%	COM	031162100
F	Ford Motor Co	72,167	$1.217M	0.1%	$16.86 *	$8.08	+11.7%	COM	345370860
—	Maiden Hldgs 8.25% Nts 2041 ca	47,355	$1.214M	0.1%	$25.64	$26.13	—	PFD	56029q200
PCAR	Paccar Inc	21,629	$1.204M	0.1%	$55.67 *	$22.04	+6.3%	COM	693718108
—	ING Groep NV 8.5% BBB- QDI Cal	47,050	$1.199M	0.1%	$25.48	$25.32	—	PFD	456837806
—	DTE Energy 6.5% Jr Sub Call 12	48,560	$1.195M	0.1%	$24.61	$25.43	—	PFD	233331602
—	Barclays Bank 7.1% Prp Call 12	47,041	$1.176M	0.1%	$25.00	$25.01	—	PFD	06739h776
LLY	Eli Lilly & Co	22,429	$1.129M	0.1%	$50.34 *	$42.15	-6.1%	COM	532457108
—	SPDR Financial Select Sector	56,406	$1.123M	0.1%	$19.91	$19.46	—	COM	81369y605
—	Ashford Hospitality 9.0% NR Ca	42,410	$1.101M	0.1%	$25.96	$26.81	—	PFD	044103505
—	So. Cal Edison 6.25% Perp/Call	1,040,000	$1.099M	0.1%	$1.06	$1.06	—	PFD	842400FU2
—	BGC Partners 8.125% 2042 Call	42,732	$1.093M	0.1%	$25.58	$26.40	—	PFD	05541t408
SCHB	Schwab U.S. Broad Market ETF	26,505	$1.089M	0.1%	$41.09 *	$6.49	+5.5%	COM	808524102
—	Biogen Idec Inc	4,504	$1.084M	0.1%	$240.67	$215.14	—	COM	09062x103
IJH	iShares S&P Midcap 400 Index F	8,683	$1.078M	0.1%	$124.15 *	$23.23	+6.9%	COM	464287507
—	Powershares QQQ NASDAQ 100 Tru	13,535	$1.068M	0.1%	$78.91	$71.30	—	COM	73935a104
ED	Consolidated Edison Inc	19,268	$1.062M	0.1%	$55.12 *	$37.50	-6.8%	COM	209115104
—	Banco Santander10.5% Perp Cl9/	40,114	$1.06M	0.1%	$26.42	$27.02	—	PFD	e8683r144
—	Public Storage 6.35% Call 7/16	42,855	$1.055M	0.1%	$24.62	$25.56	—	PFD	74460d125
WY	Weyerhaeuser Co	36,690	$1.05M	0.1%	$28.62 *	$18.73	-4.3%	COM	962166104
—	SPDR Dow Jones Industrial Aver	6,944	$1.049M	0.1%	$151.07	$148.56	—	COM	78467x109
—	BB&T Capital 5.625% Call 8/201	50,725	$1.043M	0.1%	$20.56	$24.10	—	PFD	054937404
—	Telephone & Data 7.0% Cl 3/16	41,750	$1.037M	0.1%	$24.84	$25.80	—	PFD	879433837
—	Southwestern Energy Co	28,075	$1.021M	0.1%	$36.37	$36.53	—	COM	845467109
—	Yahoo! Inc	30,750	$1.02M	0.1%	$33.17	$25.12	—	COM	984332106
—	Kraft Foods Group	19,320	$1.014M	0.1%	$52.48	$55.84	—	COM	50076q106
DKS	Dick's Sporting Goods Inc	18,836	$1.005M	0.1%	$53.36 *	$37.00	+7.1%	COM	253393102
—	Broadcom Corp-Cl A	38,600	$1.004M	0.1%	$26.01	$33.79	—	COM	111320107
QCOM	Qualcomm Inc	14,899	$1.003M	0.1%	$67.32 *	$45.06	+6.5%	COM	747525103
—	Summit Hotel 7.875% Perp CUM C	39,286	$1M	0.1%	$25.45	$25.90	—	PFD	866082308
—	Ingersoll-Rand Co Ltd-Cl A	14,989	$973K	0.1%	$64.91	$64.91	—	COM	g47791101
GILD	Gilead Sciences Inc	15,203	$956K	0.1%	$62.88 *	$36.21	+20.6%	COM	375558103
—	American Capital Agency 8.0% P	37,324	$955K	0.1%	$25.59	$25.31	—	PFD	02503x204
—	Excel Trust 8.125% CUM Call 1/	37,145	$943K	0.1%	$25.39	$25.60	—	PFD	30068c307
—	TD Ameritrade Holding Corp	35,836	$938K	0.1%	$26.17	$24.62	—	COM	87236y108
—	GoldmanSachs Lib+75 Min3.75% C	46,895	$937K	0.1%	$19.98	$21.70	—	PFD	38143y665
BMO	Bank of Montreal	13,765	$920K	0.1%	$66.84 *	$36.25	+12.0%	COM	063671101
—	Express Scripts Holding Co.	14,835	$917K	0.1%	$61.81	$61.77	—	COM	30219g108
IYF	iShares DJ US Financial Sect	12,433	$911K	0.1%	$73.27 *	$35.30	+3.8%	COM	464287788
WMT	Wal-Mart Stores Inc	12,317	$911K	0.1%	$73.96 *	$19.97	-2.9%	COM	931142103
—	Wisconsin Energy Corp	22,444	$906K	0.1%	$40.37	$40.99	—	COM	976657106
CAG	Conagra Foods Inc	29,375	$891K	0.1%	$30.33 *	$17.69	-12.0%	COM	205887102
—	Regency Centers 6.00% Perp CUM	41,601	$886K	0.1%	$21.30	$24.32	—	PFD	758849806
—	SPDR Gold Trust	6,912	$886K	0.1%	$128.18	$119.05	—	COM	78463v107
—	WellPoint Inc	10,560	$883K	0.1%	$83.62	$81.82	—	COM	94973V107
—	Pebblebrook Hotel7.875%Perp Cu	34,113	$882K	0.1%	$25.86	$25.83	—	PFD	70509v209
—	Investors REIT 7.95% Perp CUM	33,959	$874K	0.1%	$25.74	$26.03	—	PFD	461730301
—	St Jude Medical Inc	15,948	$855K	0.1%	$53.61	$45.65	—	COM	790849103
—	Macy's Inc	19,381	$839K	0.1%	$43.29	$47.91	—	COM	55616p104
—	HSBC 6.36% Perp Callable NCU Q	35,043	$834K	0.1%	$23.80	$24.83	—	PFD	40429c607
—	Rockwood Holdings Inc	12,446	$833K	0.1%	$66.93	$64.44	—	COM	774415103
—	Agilent Technologies Inc	16,225	$832K	0.1%	$51.28	$42.76	—	COM	00846u101
—	HSBC Hldgs 8.125% Prp Cl 4/13	32,300	$829K	0.1%	$25.67	$25.36	—	PFD	404280703
—	Hess Corp	10,710	$828K	0.1%	$77.31	$68.04	—	COM	42809h107
—	KKR Financial 8.375%SrNts Call	30,699	$827K	0.1%	$26.94	$27.71	—	PFD	48248a405
—	Varian Medical Systems Inc	10,734	$802K	0.1%	$74.72	$67.77	—	COM	92220P105
C	Citigroup Inc	16,512	$801K	0.1%	$48.51 *	$35.97	+0.3%	COM	172967424
—	SunPower Corp	30,489	$798K	0.1%	$26.17	$20.70	—	COM	867652406
—	Digital Realty 6.625% Perp CUM	35,502	$795K	0.1%	$22.39	$24.96	—	PFD	253868806
—	NuStar Logistics 7.625%Nts Cl	30,950	$781K	0.1%	$25.23	$26.00	—	PFD	67059t204
—	Montpelier RE 8.875% Perp QDI	29,340	$763K	0.1%	$26.01	$26.01	—	PFD	g62185114
WABC	Westamerica Bancorportaion	15,261	$759K	0.1%	$49.73 *	$32.64	+3.2%	COM	957090103
OEF	iShares S&P 100 Index Fund	9,994	$748K	0.1%	$74.84	$72.66	+3.0%	COM	464287101
—	Southern Cal Ed 6.5% $100 Cl3/	7,465	$732K	0.1%	$98.06	$105.22	—	PFD	842400723
—	Prudential PLC 6.75% PrpCl 9/0	29,311	$726K	0.1%	$24.77	$25.08	—	PFD	g7293h114
—	Sprott Physical Gold Trust	65,672	$724K	0.1%	$11.02	$11.02	—	COM	85207h104
—	Hudson Pacific 8.375% Perp N/R	26,785	$690K	0.1%	$25.76	$26.43	—	PFD	444097208
—	Rydex Russell Top 50 ETF	5,856	$686K	0.1%	$117.14	$113.82	—	COM	78355w205
WTM	White Mountains Insurance Grou	1,205	$684K	0.1%	$567.63	$583.58	-2.7%	COM	G9618E107
—	AEGON 8.00% 2042 Notes Call 08	24,946	$682K	0.1%	$27.34	$27.68	—	PFD	007924608
—	CenturyLink/QuestCTL)SrNt7.75%	27,006	$679K	0.1%	$25.14	$25.57	—	PFD	740434873
IOO	iShares S&P Global 100	9,351	$673K	0.1%	$71.97 *	$34.95	+2.9%	COM	464287572
—	Penn RealEstate 7.375%CUM Perp	27,680	$664K	0.1%	$23.99	$25.67	—	PFD	709102503
—	Deutsche Bk Tst6.55%Perp Cl 5/	25,717	$637K	0.1%	$24.77	$25.22	—	PFD	25153x208
BMRC	Bank Of Marin Bancorp/CA	15,210	$632K	0.1%	$41.55 *	$13.79	+6.2%	COM	063425102
—	Zimmer Holdings Inc	7,546	$620K	0.1%	$82.16	$77.73	—	COM	98956p102
MAT	Mattel Inc	14,781	$619K	0.1%	$41.88	$44.76	-6.4%	COM	577081102
—	Linn Co LLC	20,950	$611K	0.1%	$29.16	$36.40	—	COM	535782106
—	Raymond James Financial 6.90%	23,893	$602K	0.1%	$25.20	$26.46	—	PFD	754730208
—	Morgan Stanley 3MoLib+70bp 4%F	30,780	$601K	0.1%	$19.53	$21.44	—	PFD	61747s504
—	Wells Fargo & Company Perp/Cal	540,000	$599K	0.1%	$1.11	$1.13	—	PFD	949746PM7
—	Retail Properties of America	43,350	$596K	0.1%	$13.75	$14.26	—	COM	76131v202
IJR	iShares Trust S&P SmallCap 600	5,955	$594K	0.1%	$99.75 *	$44.78	+11.4%	COM	464287804
EEM	iShares MSCI Emerging Markets	14,525	$592K	0.1%	$40.76	$41.13	-0.9%	COM	464287234
—	Commonwealth REIT 7.25% Prp/Cl	25,823	$592K	0.1%	$22.93	$25.11	—	PFD	203233606
—	M&T Bank 5% to 6.375% Cl 11/18	614	$589K	0.1%	$959.28	$969.18	—	PFD	55261f708
—	Nabors Industries Inc	35,965	$578K	0.1%	$16.07	$16.07	—	COM	g6359f103
—	Visa Inc-Class A Shares	3,017	$577K	0.1%	$191.25	$184.15	—	COM	92826c839
UNP	Union Pacific Corp	3,689	$573K	0.1%	$155.33 *	$57.25	+3.6%	COM	907818108
—	Dominion Resources Inc/Va	9,069	$567K	0.1%	$62.52	$56.84	—	COM	25746u109
—	Scana Corp	12,074	$556K	0.1%	$46.05	$48.81	—	COM	80589m102
—	Arch Capital 6.75% BBB QDI Cl	22,930	$555K	0.1%	$24.20	$25.77	—	PFD	g0450a204
—	Life Technologies Corp	7,330	$549K	0.1%	$74.90	$73.99	—	COM	53217v109
—	Utilities Select Sector SPDR	14,687	$549K	0.1%	$37.38	$37.60	—	COM	81369y886
—	SPDR Materials Select Sector	13,030	$547K	0.1%	$41.98	$38.33	—	COM	81369y100
IFF	Intl Flavors & Fragrances	6,575	$541K	0.1%	$82.28 *	$58.18	+6.6%	COM	459506101
—	Deutsche Bank 7.35% Cl 12/12 B	21,303	$538K	0.1%	$25.25	$25.32	—	PFD	25154d102
FLR	Fluor Corp	7,570	$537K	0.1%	$70.94 *	$53.56	+17.3%	COM	343412102
—	JPMorgan Chase 5.50% Perp Call	24,928	$536K	0.1%	$21.50	$24.02	—	PFD	48126e750
—	Banco Santander 6.80% QDI Clbl	21,265	$530K	0.1%	$24.92	$25.22	—	PFD	80281r706
—	CenturyLink Quest 6.125%Nts Cl	24,900	$527K	0.1%	$21.16	$24.11	—	PFD	74913g600
IWF	iShares Russell 1000 Growth	6,682	$523K	0.1%	$78.27 *	$19.14	+2.1%	COM	464287614
—	AEGON NV 7.25%Perp Call 03/201	20,888	$523K	0.1%	$25.04	$25.11	—	PFD	n00927348
KSS	Kohl's Corp	10,000	$518K	0.1%	$51.80	$49.51	+4.5%	COM	500255104
—	Jacobs Engineering Group Inc	8,899	$518K	0.1%	$58.21	$55.23	—	COM	469814107
TEVA	Teva Pharmaceutical-Sp ADR	13,641	$515K	0.1%	$37.75	$38.94	-3.0%	COM	881624209
—	Aspen Insurance 7.401% Call 07	19,616	$504K	0.1%	$25.69	$26.64	—	PFD	g05384139
—	Kimco Realty 6.90% Perp Call8/	20,124	$502K	0.1%	$24.95	$25.52	—	PFD	49446r828
—	Harman International	7,535	$499K	0.1%	$66.22	$54.23	—	COM	413086109
—	Dominion Res 8.375% Cl 6/14 BB	18,855	$491K	0.1%	$26.04	$26.04	—	PFD	25746u604
—	ETFS Physical Precious Metals	6,760	$489K	0.1%	$72.34	$67.25	—	COM	26922w109
—	Limited 6.70% 3/2033 call 3/20	19,770	$478K	0.1%	$24.18	$25.05	—	PFD	73941x551
—	Sirius XM Radio Inc	122,784	$476K	0.1%	$3.88	$3.35	—	COM	82967n108
—	Public Storage 6.5% Perp Call	18,603	$469K	0.1%	$25.21	$25.57	—	PFD	74460d158
—	Allied Capital ARCC6.875% 4/20	20,067	$468K	0.1%	$23.32	$25.00	—	PFD	01903q207
—	Pharmaceutical HOLDRs Trust	9,725	$465K	0.1%	$47.81	$45.45	—	COM	71712a206
—	SPDR S&P Biotech ETF	3,536	$457K	0.1%	$129.24	$129.24	—	COM	78464a870
—	Retail Properties of Amer 7.0%	19,800	$454K	0.1%	$22.93	$24.91	—	PFD	76131v608
SU	Suncor Energy Inc	12,600	$451K	0.1%	$35.79 *	$19.64	+19.9%	COM	867224107
—	Celgene Corp	2,922	$450K	0.1%	$154.00	$117.11	—	COM	151020104
—	Protective Life 6.0% Call 8/17	19,700	$444K	0.1%	$22.54	$24.87	—	PFD	743674707
—	Diageo Plc-Sponsored ADR	3,468	$441K	0.1%	$127.16	$115.05	—	COM	25243q205
—	Hewlett-Packard Co	21,017	$441K	0.1%	$20.98	$24.80	—	COM	428236103
—	Regions Financial 6.375% Cl 12	19,500	$440K	0.1%	$22.56	$24.49	—	PFD	7591ep308
ADM	Archer-Daniels-Midland Co	11,889	$438K	0.1%	$36.84 *	$23.37	+11.3%	COM	039483102
—	Guggenheim BRIC ETF	12,335	$435K	0.1%	$35.27	$30.73	—	COM	18383m100
—	LaSalle Hotel 6.375% Call 3/20	20,477	$432K	0.1%	$21.10	$23.10	—	PFD	517942801
—	JPMorgan Trst 6.70% Callable 4	16,750	$426K	0.1%	$25.43	$25.36	—	PFD	48125e207
—	Southern Cal Ed 5.625% Cl6/17	20,700	$425K	0.1%	$20.53	$23.62	—	PFD	78406t201
—	Reinsurance Group of Amer 6.2%	17,100	$423K	0.1%	$24.74	$26.00	—	PFD	759351703
IVV	iShares S&P 500 Index Fund	2,487	$420K	0.1%	$168.88	$161.92	+4.3%	COM	464287200
IEV	iShares S&P Europe 350	9,520	$420K	0.1%	$44.12	$41.38	+6.6%	COM	464287861
—	Johnson Controls Inc	10,026	$416K	0.0%	$41.49	$35.81	—	COM	478366107
—	Pitney Bowes 6.7% Cl 3/7/18	16,700	$412K	0.0%	$24.67	$25.26	—	PFD	724479506
IJJ	iShares S&P Midcap 400/Value	3,810	$412K	0.0%	$108.14 *	$50.58	+6.8%	COM	464287705
—	P G & E Corp	10,008	$410K	0.0%	$40.97	$45.68	—	COM	69331c108
—	GE Cap Corp 6.25% Perp/Call 12	400,000	$406K	0.0%	$1.01	$1.03	—	PFD	369622SP1
—	Xylem Inc	14,526	$406K	0.0%	$27.95	$26.94	—	COM	98419m100
—	Energy Transfer Equity LP	6,100	$401K	0.0%	$65.74	$59.84	—	COM	29273v100
TJX	TJX Companies Inc	7,091	$400K	0.0%	$56.41 *	$21.37	+11.8%	COM	872540109
—	First Trust Mid Cap Value ETF	14,621	$393K	0.0%	$26.88	$25.02	—	COM	33737m201
—	Bank of America 6.625%Prp Cl 1	15,351	$393K	0.0%	$25.60	$26.15	—	PFD	060505740
—	Blackstone Group/The	15,725	$391K	0.0%	$24.86	$24.86	—	COM	09253u108
—	Magellan Midstream Partners	6,832	$386K	0.0%	$56.50	$54.53	—	COM	559080106
LULU	Lululemon Athletica Inc	5,260	$385K	0.0%	$73.19	$72.51	+0.9%	COM	550021109
—	Aetna Inc	6,016	$385K	0.0%	$64.00	$63.60	—	COM	00817Y108
—	US Cellular 6.95% 2060 Cl 05/2	15,685	$379K	0.0%	$24.16	$25.30	—	PFD	911684405
YUM	Yum! Brands Inc	5,288	$378K	0.0%	$71.48 *	$39.08	+3.9%	COM	988498101
—	Manulife Financial Corp	22,855	$378K	0.0%	$16.54	$16.00	—	COM	56501r106
BDX	Becton Dickinson & Co	3,746	$375K	0.0%	$100.11 *	$78.11	+3.2%	COM	075887109
—	HSBC Float 4.5%FL Clbl CUM QDI	15,000	$375K	0.0%	$25.00	$25.09	—	PFD	40428h706
—	Texas Capitl Bancshares6.50% 2	17,440	$374K	0.0%	$21.44	$24.41	—	PFD	882228aa7
—	Quest Diagnostics	6,035	$373K	0.0%	$61.81	$60.65	—	COM	74834l100
GS	Goldman Sachs Group Inc	2,360	$373K	0.0%	$158.05 *	$120.06	+4.3%	COM	38141G104
—	Realty Income 6.625% Call 2/17	15,333	$372K	0.0%	$24.26	$25.73	—	PFD	756109807
USB	US Bancorp	10,151	$371K	0.0%	$36.55 *	$22.85	+5.9%	COM	902973304
—	Hanover Insurance 6.35% Cl 3/1	16,991	$370K	0.0%	$21.78	$24.29	—	PFD	410867204
—	General Growth Prop 6.375% Cl	16,800	$368K	0.0%	$21.90	$23.17	—	PFD	370023202
—	Apache Corp	4,308	$367K	0.0%	$85.19	$83.75	—	COM	037411105
—	Royal Dutch Shell Plc-ADR A	5,510	$362K	0.0%	$65.70	$63.75	—	COM	780259206
—	McGraw Hill Financial Inc	5,500	$361K	0.0%	$65.64	$53.27	—	COM	580645109
—	Solar Capital 6.75% Cl 11/17	16,600	$360K	0.0%	$21.69	$24.27	—	PFD	83413u308
—	Marathon Oil Corp	10,168	$355K	0.0%	$34.91	$34.57	—	COM	565849106
—	Argo Group 6.5% Sr Notes Call	16,050	$354K	0.0%	$22.06	$24.56	—	PFD	040130205
—	PrivateBancorp PVTB 7.125% Cal	14,245	$350K	0.0%	$24.57	$25.98	—	PFD	742962400
—	Medical Properties Trust Inc	28,134	$342K	0.0%	$12.16	$14.28	—	COM	68463J304
—	Axis Capital 6.875% Cl 4/17 QD	14,150	$336K	0.0%	$23.75	$26.15	—	PFD	g0692u307
—	General Growth Properties	16,966	$327K	0.0%	$19.27	$19.86	—	COM	370021107
VYM	Vanguard High Dividend Yield E	5,602	$322K	0.0%	$57.48	$56.63	+1.5%	COM	921946406
IWD	iShares Russell 1000 Value	3,696	$319K	0.0%	$86.31	$86.78	-0.7%	COM	464287598
IWR	iShares Russell Midcap Index	2,261	$314K	0.0%	$138.88 *	$34.17	+1.8%	COM	464287499
NSC	Norfolk Southern Corp	4,021	$311K	0.0%	$77.34 *	$57.61	+2.4%	COM	655844108
—	PS Business Parks 6.0% Cl 5/20	14,518	$306K	0.0%	$21.08	$24.51	—	PFD	69360j685
IYZ	iShares DJ US Telecommunicatio	10,998	$303K	0.0%	$27.55	$26.18	+5.4%	COM	464287713
AEP	American Electric Power	6,969	$302K	0.0%	$43.33 *	$30.33	-8.0%	COM	025537101
SYK	Stryker Corp	4,433	$300K	0.0%	$67.67 *	$56.92	+2.6%	COM	863667101
—	Citigroup Inc 5.95% Perp Call	320,000	$298K	0.0%	$0.93	$0.99	—	PFD	172967GD7
—	MetLife 6.5% Perp Cl 9/10 BBB-	11,948	$297K	0.0%	$24.86	$25.32	—	PFD	59156r603
—	Merrill Lynch 7.28% Perp Cl 9/	11,803	$296K	0.0%	$25.08	$25.18	—	PFD	59021k205
BEN	Franklin Resources Inc	5,814	$294K	0.0%	$50.57 *	$29.22	+3.1%	COM	354613101
—	L-3 Communications Holdings	3,086	$292K	0.0%	$94.62	$86.36	—	COM	502424104
—	BAC Flt LIB+35 BB+ NCU QDI Cl	14,095	$291K	0.0%	$20.65	$23.02	—	PFD	060505815
IWM	iShares Russell 2000 Index Fun	2,734	$291K	0.0%	$106.44	$95.50	+11.6%	COM	464287655
—	Charles Schwab 6.0% Cl 9/17 BB	12,750	$289K	0.0%	$22.67	$25.41	—	PFD	808513204
—	Citigroup 5.8% B1 Call 4/18 QD	13,600	$288K	0.0%	$21.18	$23.86	—	PFD	172967366
ESS	Essex Property Trust Inc	1,950	$288K	0.0%	$147.69 *	$105.04	-4.7%	COM	297178105
—	Annaly Capital 7.625% Perp Cl	12,031	$288K	0.0%	$23.94	$24.78	—	PFD	035710706
—	Northeast Utilities	6,923	$286K	0.0%	$41.31	$42.03	—	COM	664397106
—	Energy Transfer Partners LP	5,490	$286K	0.0%	$52.09	$50.46	—	COM	29273r109
VV	Vanguard Large-Cap Vipers ETF	3,700	$286K	0.0%	$77.30	$73.74	+4.9%	COM	922908637
BAX	Baxter International Inc.	4,355	$286K	0.0%	$65.67 *	$30.60	-6.3%	COM	071813109
—	Barclay's 6.625% Perpetual 9/1	11,689	$286K	0.0%	$24.47	$24.70	—	PFD	06739f390
RHI	Robert Half Intl Inc	7,300	$285K	0.0%	$39.04	$34.44	+13.3%	COM	770323103
IYE	iShares DJ US Energy Sector	6,057	$285K	0.0%	$47.05	$45.15	+4.3%	COM	464287796
VIG	Vanguard Dividend Appreciation	4,080	$284K	0.0%	$69.61	$67.20	+3.6%	COM	921908844
—	Deutsche Bnk 6.625% Prp Cl 8/1	11,508	$284K	0.0%	$24.68	$25.00	—	PFD	25153y206
SCHW	Schwab (Charles) Corp	13,270	$281K	0.0%	$21.18 *	$15.92	+14.9%	COM	808513105
ALL	Allstate Corp	5,512	$279K	0.0%	$50.62 *	$37.12	+4.8%	COM	020002101
—	Adobe Systems Inc	5,370	$279K	0.0%	$51.96	$45.62	—	COM	00724f101
—	ProLogis Inc	7,339	$276K	0.0%	$37.61	$37.73	—	COM	74340w103
SIEGY	Siemens Ag-Spons ADR	2,285	$275K	0.0%	$120.35	$105.20	+14.6%	COM	826197501
NEM	Newmont Mining Corp	9,662	$271K	0.0%	$28.05 *	$25.34	-15.0%	COM	651639106
STT	State Street Corp	4,088	$269K	0.0%	$65.80 *	$44.60	+6.5%	COM	857477103
—	Plum Creek Timber Co	5,753	$269K	0.0%	$46.76	$46.59	—	COM	729251108
—	Alexion Pharmaceuticals Inc	2,313	$269K	0.0%	$116.30	$116.30	—	COM	015351109
—	Taubman Centers 6.5% CUM NR Cl	11,267	$267K	0.0%	$23.70	$24.81	—	PFD	876664608
—	Biocryst Pharmaceuticals Inc	36,261	$264K	0.0%	$7.28	$1.54	—	COM	09058v103
OGE	OGE Energy Corp	7,250	$262K	0.0%	$36.14	$35.42	+1.9%	COM	670837103
FXI	iShares FTSE/Xinhua China 25	6,805	$252K	0.0%	$37.03	$35.51	+4.4%	COM	464287184
—	Chesapeake Energy Corp	9,700	$251K	0.0%	$25.88	$20.41	—	COM	165167107
—	1/10 PIMCO Floating Rate Pfd A	10	$250K	0.0%	$25000.00	$25000.00	—	PFD	72201j609
—	News Corp 7.00% 12/1/2095 call	9,757	$245K	0.0%	$25.11	$25.16	—	PFD	863117206
—	Vornado Realty 5.7% Prp Cl 7/1	11,731	$244K	0.0%	$20.80	$23.55	—	PFD	929042851
—	Nordstrom Inc	4,303	$242K	0.0%	$56.24	$59.91	—	COM	655664100
—	Strategic Hotels&Resorts 8.25%	10,575	$242K	0.0%	$22.88	$23.96	—	PFD	86272t502
—	Marathon Petroleum Corp	3,709	$239K	0.0%	$64.44	$71.18	—	COM	56585a102
—	EOG Resources Inc	1,374	$233K	0.0%	$169.58	$131.70	—	COM	26875p101
—	Market Vectors Agribusiness ET	4,544	$233K	0.0%	$51.28	$51.10	—	COM	57060u605
BHP	BHP Billiton Ltd-Spon ADR	3,485	$232K	0.0%	$66.57 *	$62.13	+1.4%	COM	088606108
—	ProShares Short 20+ Treasury	7,245	$232K	0.0%	$32.02	$31.37	—	COM	74347x849
—	Total SA-Spon ADR	3,953	$229K	0.0%	$57.93	$48.79	—	COM	89151e109
—	FedEx Corp	1,991	$227K	0.0%	$114.01	$114.01	—	COM	31428x106
—	MetLife 3MoLibor+100 Min 4.0%	9,865	$227K	0.0%	$23.01	$24.33	—	PFD	59156r504
—	Sunstone Hotel 8.00% Perp CUUM	8,907	$225K	0.0%	$25.26	$25.26	—	PFD	867592507
GWW	Grainger (W.W.) Inc	853	$223K	0.0%	$261.43 *	$212.81	+0.7%	COM	384802104
—	HSBC USA 6.50% Perp/Call 7/11	9,291	$223K	0.0%	$24.00	$25.07	—	PFD	40428h862
—	CBL & Associates 6.5% Perp CUM	9,583	$223K	0.0%	$23.27	$24.84	—	PFD	124830803
—	Citigroup Tst 7.875% Cl 2015 L	8,010	$220K	0.0%	$27.47	$27.47	—	PFD	173080201
—	Amarillo Gold Corp	1,250,000	$218K	0.0%	$0.17	$0.20	—	COM	041133317
—	DIRECTV Group Inc/The	3,646	$218K	0.0%	$59.79	$61.63	—	COM	25490a309
ILF	iShares S&P Latin American 40	5,670	$217K	0.0%	$38.27	$41.18	-7.1%	COM	464287390
PAA	Plains All American Pipeline L	4,100	$216K	0.0%	$52.68	$55.85	—	COM	726503105
—	Rydex S&P Equal Weight ETF	3,245	$212K	0.0%	$65.33	$61.21	—	COM	78355w106
—	Hubbell Inc -Cl B	2,000	$209K	0.0%	$104.50	$104.50	—	COM	443510201
—	ING Grp NV 7.20%Pfd Perp/Cl l2	8,366	$209K	0.0%	$24.98	$25.05	—	PFD	456837301
PSX	Phillips 66	3,580	$207K	0.0%	$57.82 *	$40.30	-7.0%	COM	718546104
EWZ	iShares MSCI Brazil Index	4,297	$206K	0.0%	$47.94	$51.94	-7.8%	COM	464286400
ITW	Illinois Tool Works	2,700	$206K	0.0%	$76.30 *	$54.78	+4.9%	COM	452308109
EWC	iShares MSCI Canada Index	7,250	$205K	0.0%	$28.28	$27.70	+2.2%	COM	464286509
—	MFA Financial 7.5% Prp Cl 4/15	8,808	$203K	0.0%	$23.05	$24.27	—	PFD	55272x409
IYH	iShares DJ US Healthcare Sec	1,892	$202K	0.0%	$106.77 *	$21.21	+0.8%	COM	464287762
—	News Corp - Class B	12,071	$198K	0.0%	$16.40	$16.40	—	COM	65249b208
—	Flagstar Bancorp Inc	10,000	$148K	0.0%	$14.80	$14.00	—	COM	337930705
INN	Summit Hotel Properties Inc	15,576	$143K	0.0%	$9.18	$9.44	—	COM	866082100
—	Yingli Green Energy Holding Co	15,000	$104K	0.0%	$6.93	$3.27	—	COM	98584b103
CERS	Cerus Corp	10,000	$67,000	0.0%	$6.70	$4.84	+38.9%	COM	157085101
—	Frontier Communications Corp	15,414	$64,000	0.0%	$4.15	$4.07	—	COM	35906a108
—	Eurasian Minerals Inc	44,086	$55,000	0.0%	$1.25	$1.20	—	COM	29843r100
—	Sierra Vista Bank	20,000	$51,000	0.0%	$2.55	$2.55	—	COM	82651b105
—	Novabay Pharmaceuticals Inc	23,333	$40,000	0.0%	$1.71	$1.37	—	COM	66987p102
—	Silvercorp Metals Inc	10,000	$33,000	0.0%	$3.30	$2.80	—	COM	82835p103
—	Zogenix Inc	10,000	$19,000	0.0%	$1.90	$1.70	—	COM	98978l105
—	Li & Fung Ltd Ord New	10,000	$15,000	0.0%	$1.50	$1.40	—	COM	g5485f151
—	Spectral Diagnostics Inc	25,000	$11,000	0.0%	$0.44	$0.28	—	COM	847574100
—	Integral Technologies Inc	17,000	$8,000	0.0%	$0.47	$0.59	—	COM	45810j103
—	EMC Metals Corp	23,400	$1,000	0.0%	$0.04	$0.04	—	COM	268665106
—	Voyant International Corp	53,652	$0	0.0%	$0.00	—	—	COM	92909w108
—	Encounter Technologies Inc	62,000	$0	0.0%	$0.00	—	—	COM	29259j105
—	Infinito Gold Ltd	33,130	$0	0.0%	$0.00	—	—	COM	45671c106
—	Gasco Energy Inc	12,245	$0	0.0%	$0.00	—	—	COM	367220100
—	Piedmont Mining Co Inc	10,000	$0	0.0%	$0.00	—	—	COM	720172105