Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	GLENCORE FINANCE EUROPE	118,700,000	$133M	1.7%	$1.12	—	CONV	EI2132369
—	YAHOO INC	94,759,000	$98.11M	1.2%	$1.04	—	CONV	984332AE6
—	CLEARWIRE COMM/FINANCE	72,119,000	$83.7M	1.1%	$1.11	—	CONV	18538TAG4
—	PROLOGIS LP	69,011,000	$77.61M	1.0%	$1.14	—	CONV	74340XAT8
—	priceline.com Inc	55,652,000	$77.31M	1.0%	$1.17	—	CONV	741503AQ9
—	ARCHER DANIELS	72,344,000	$76.14M	1.0%	$1.03	—	CONV	039483AW2
—	Micron Technology Inc	74,694,000	$73.81M	0.9%	$0.99	—	CONV	595112AY9
—	Gilead Sciences Inc	22,231,000	$73.38M	0.9%	$2.27	—	CONV	375558AP8
—	MGM RESORTS INTL	51,431,000	$70.52M	0.9%	$1.13	—	CONV	55303QAE0
—	US STEEL CORP	64,264,000	$68.52M	0.9%	$1.06	—	CONV	912909AE8
—	FOREST CITY ENTERPRISES	56,678,000	$63.26M	0.8%	$1.12	—	CONV	345550AP2
—	SIEMENS FINANCIERINGSMAT	54,500,000	$63.13M	0.8%	$1.11	—	CONV	EJ0195366
—	DDR Corp	56,252,000	$62.81M	0.8%	$1.16	—	CONV	251591AX1
—	WELLPOINT INC	45,688,000	$62.01M	0.8%	$1.36	—	CONV	94973VBG1
—	NVIDIA Corp	60,300,000	$61.76M	0.8%	$1.02	—	CONV	67066GAB0
—	ROYAL GOLD INC	64,084,000	$61.39M	0.8%	$0.92	—	CONV	780287AA6
—	LUKOIL INTL FINANCE BV	54,500,000	$59.01M	0.7%	$1.09	—	CONV	EI5065947
—	NOVELLUS SYSTEMS INC	33,962,000	$56.85M	0.7%	$1.55	—	CONV	670008AD3
—	WEBMD HEALTH CORP	57,470,000	$56.52M	0.7%	$0.94	—	CONV	94770VAF9
—	Ciena Corp	54,759,000	$56.32M	0.7%	$0.99	—	CONV	171779AE1
—	ENDO HEALTH SOLUTIONS IN	24,043,000	$55.69M	0.7%	$1.34	—	CONV	29264FAB2
—	NEWMONT MINING CORP	53,861,000	$55.43M	0.7%	$1.08	—	CONV	651639AJ5
—	CHESAPEAKE ENERGY CORP	47,172	$55.11M	0.7%	$1168.24	—	PFD CV	165167776
—	TOLL BROS FINANCE CORP	52,113,000	$54.66M	0.7%	$1.07	—	CONV	88947EAM2
—	Intel Corp	48,026,000	$53.6M	0.7%	$1.09	—	CONV	458140AD2
—	WELLS FARGO & COMPANY	48,048	$53.33M	0.7%	$2.35	—	PFD CV	949746804
—	United Technologies Corp	809,717	$53.31M	0.7%	$0.12	—	PFD CV	913017117
—	COBALT INTL ENERGY INC	59,820,000	$53.17M	0.7%	$1.02	—	CONV	19075FAA4
—	Illumina Inc	37,681,000	$52.35M	0.7%	$1.08	—	CONV	452327AC3
—	Alcatel-Lucent	10,077,093	$52.32M	0.7%	$4.12	—	CONV	EJ7354495
—	NORTHSTAR REALTY FIN	37,481,000	$51.51M	0.6%	$1.00	—	CONV	66705PAC7
—	SALIX PHARMACEUTICALS LT	34,525,000	$51.5M	0.6%	$1.20	—	CONV	795435AE6
—	ADVANCED MICRO DEVICES	49,065,000	$51.48M	0.6%	$1.02	—	CONV	007903AL1
—	AMG CAPITAL TRUST II	811,107	$50.93M	0.6%	$0.10	—	PFD CV	00170F209
—	BIOMARIN PHARMACEUTICAL	46,800,000	$50.35M	0.6%	$1.08	—	CONV	09061GAF8
—	LIFEPOINT HOSPITALS INC	46,003,000	$50.09M	0.6%	$1.08	—	CONV	53219LAH2
—	LIBERTY INTERACTIVE LLC	47,101,000	$49.85M	0.6%	$1.03	—	CONV	530610AB0
—	priceline.com Inc	42,623,000	$48.63M	0.6%	$0.98	—	CONV	741503AR7
—	Cemex SAB de CV	40,823,000	$48.25M	0.6%	$1.16	—	CONV	151290AV5
—	Linear Technology Corp	41,702,000	$47.6M	0.6%	$1.06	—	CONV	535678AC0
—	ENN ENERGY HOLDINGS LTD	36,750,000	$47.2M	0.6%	$1.10	—	CONV	EJ5367564
—	BOSTON PROPERTIES LP	46,121,000	$46.32M	0.6%	$1.04	—	CONV	10112RAM6
—	SINA CORP	44,306,000	$45.05M	0.6%	$1.02	—	CONV	82922RAC7
—	JARDEN CORP	36,870,000	$44.98M	0.6%	$0.99	—	CONV	471109AJ7
—	ON SEMICONDUCTOR CORP	40,546,000	$44.84M	0.6%	$1.15	—	CONV	682189AH8
—	ALLEGHENY TECHNOLOGIES	42,663,000	$44.02M	0.6%	$1.03	—	CONV	01741RAD4
—	BIOMARIN PHARMACEUTICAL	39,691,000	$42.29M	0.5%	$1.07	—	CONV	09061GAE1
—	Nokia OYJ	12,900,000	$42.05M	0.5%	$3.26	—	CONV	EJ4168971
—	NAVISTAR INTL CORP	40,957,000	$42.02M	0.5%	$0.98	—	CONV	63934EAL2
—	WALTER INVESTMENT MGMT	41,563,000	$41.6M	0.5%	$1.01	—	CONV	93317WAA0
—	NUANCE COMMUNICATIONS	42,605,000	$41.51M	0.5%	$1.03	—	CONV	67020YAF7
—	Theravance Inc	28,424,000	$41.43M	0.5%	$1.52	—	CONV	88338TAB0
—	SanDisk Corp	41,350,000	$41.09M	0.5%	$0.99	—	CONV	80004CAE1
—	JEFFERIES GROUP LLC	38,548,000	$40.93M	0.5%	$1.06	—	CONV	472319AG7
—	Volcano Corp	41,261,000	$40.84M	0.5%	$0.92	—	CONV	928645AB6
—	STARWOOD PROPERTY TRUST	36,547,000	$40.47M	0.5%	$1.04	—	CONV	85571BAA3
—	MNV ZRT	28,400,000	$40.43M	0.5%	$1.42	—	CONV	EJ9244249
—	Ixia	36,100,000	$39.15M	0.5%	$1.16	—	CONV	45071RAB5
—	Intel Corp	28,437,000	$38.6M	0.5%	$1.27	—	CONV	458140AF7
—	KEYCORP	298,443	$38.59M	0.5%	$0.25	—	PFD CV	493267405
—	HOLOGIC INC	33,011,000	$38.54M	0.5%	$1.12	—	CONV	436440AB7
—	Medivation Inc	26,213,000	$38.19M	0.5%	$1.30	—	CONV	58501NAA9
—	NUANCE COMMUNICATIONS	36,047,000	$37.96M	0.5%	$1.16	—	CONV	67020YAB6
—	CHESAPEAKE ENERGY CORP	40,418,000	$37.74M	0.5%	$0.89	—	CONV	165167CB1
—	BANK OF AMERICA CORP	35,242	$37.39M	0.5%	$1.08	—	PFD CV	060505682
—	XILINX INC	23,177,000	$37.09M	0.5%	$1.46	—	CONV	983919AF8
—	Beni Stabili SpA	25,500,000	$36.7M	0.5%	$1.40	—	CONV	EJ5068006
—	BROOKDALE SENIOR LIVING	30,841,000	$36.62M	0.5%	$1.18	—	CONV	112463AA2
GM	General Motors Co	873,539	$35.7M	0.4%	$28.17	0.0%	COM	37045V100
—	Salesforce.com Inc	32,767,000	$35.64M	0.4%	$0.96	—	CONV	79466LAC8
—	Ciena Corp	23,575,000	$34.79M	0.4%	$1.37	—	CONV	171779AK7
—	INTL GAME TECHNOLOGY	32,673,000	$34.74M	0.4%	$1.07	—	CONV	459902AQ5
—	FOREST CITY ENTERPRISES	32,720,000	$33.63M	0.4%	$1.02	—	CONV	345550AQ0
—	METLIFE INC	1,055,471	$33.29M	0.4%	$0.06	—	PFD CV	59156R116
—	OHL INVESTMENTS SA	23,200,000	$33.29M	0.4%	$1.40	—	CONV	EJ6118495
—	ALEXANDRIA REAL ESTATE E	1,319,691	$33.12M	0.4%	$0.03	—	PFD CV	015271505
—	AUXILIUM PHARMACEUTICALS	28,969,000	$32.35M	0.4%	$0.97	—	CONV	05334DAA5
—	SEADRILL LTD	21,200,000	$31.83M	0.4%	$1.55	—	CONV	EI4458945
—	TECHNIP	251,851	$31.71M	0.4%	$123.35	—	CONV	EI4641961
—	ARES CAPITAL CORP	30,266,000	$31.69M	0.4%	$0.99	—	CONV	04010LAK9
—	HORNBECK OFFSHORE SERV	26,382,000	$31.45M	0.4%	$1.23	—	CONV	440543AN6
—	TTM TECHNOLOGIES INC	28,822,000	$31.18M	0.4%	$1.08	—	CONV	87305RAD1
—	STEEL DYNAMICS INC	26,161,000	$30.88M	0.4%	$1.09	—	CONV	858119AP5
—	HENGAN INTL GROUP CO	225,000,000	$30.88M	0.4%	$0.13	—	CONV	EJ6865103
—	AIR LEASE CORP	23,031,000	$30.88M	0.4%	$1.27	—	CONV	00912XAK0
—	ARES CAPITAL CORP	29,034,000	$30.69M	0.4%	$1.06	—	CONV	04010LAJ2
—	Stone Energy Corp	27,709,000	$30.57M	0.4%	$0.95	—	CONV	861642AN6
—	HOST HOTELS & RESORTS LP	20,025,000	$30.31M	0.4%	$1.36	—	CONV	44107TAG1
—	HOLOGIC INC	29,349,000	$30.1M	0.4%	$0.99	—	CONV	436440AC5
—	ArcelorMittal	1,149,076	$29.88M	0.4%	$0.04	—	PFD CV	EP0436352
—	ELECTRONIC ARTS INC	27,885,000	$29.7M	0.4%	$1.04	—	CONV	285512AA7
—	CAJA AHORROS BARCELONA	20,600,000	$29.51M	0.4%	$1.43	—	CONV	EJ9379201
—	Isis Pharmaceuticals Inc	11,834,000	$29.5M	0.4%	$1.78	—	CONV	464337AG9
—	SWISS LIFE HOLDING AG	24,480,000	$28.65M	0.4%	$1.17	—	CONV	EJ9359385
—	Nidec Corp	2,625,000,000	$28.38M	0.4%	$0.01	—	CONV	EI3945041
—	CUBIST PHARMACEUTICALS	24,123,000	$27.83M	0.4%	$1.09	—	CONV	229678AE7
—	Gilead Sciences Inc	8,307,000	$27.64M	0.3%	$2.35	—	CONV	375558AN3
—	LIBERTY INTERACTIVE LLC	50,135,000	$27.1M	0.3%	$0.52	—	CONV	530715AN1
—	EXTRA SPACE STORAGE LP	27,081,000	$27.05M	0.3%	$0.97	—	CONV	30225VAC1
—	RYLAND GROUP	17,646,000	$26.97M	0.3%	$1.48	—	CONV	783764AQ6
—	D.R. HORTON INC	15,503,000	$26.62M	0.3%	$1.72	—	CONV	23331ABB4
—	ANNALY CAPITAL MGMT	26,104,000	$26.47M	0.3%	$1.01	—	CONV	035710AB8
—	STARWOOD PROPERTY TRUST	23,483,000	$26.04M	0.3%	$1.03	—	CONV	85571BAB1
—	CHESAPEAKE ENERGY CORP	22,495	$25.98M	0.3%	$1154.83	—	PFD CV	165167784
—	RYLAND GROUP	27,676,000	$25.96M	0.3%	$0.91	—	CONV	783764AS2
—	Molina Healthcare Inc	24,498,000	$25.84M	0.3%	$1.09	—	CONV	60855RAB6
—	GROUP 1 AUTOMOTIVE INC	20,354,000	$25.81M	0.3%	$1.26	—	CONV	398905AE9
—	CENTERPOINT ENERGY INC	482,101,000	$25.43M	0.3%	$0.09	—	CONV	15189T206
—	JANUS CAPITAL GROUP INC	19,924,000	$25.41M	0.3%	$1.02	—	CONV	47102XAH8
—	SK HYNIX INC	20,500,000	$25.39M	0.3%	$1.12	—	CONV	EI2511620
—	Micron Technology Inc	16,250,000	$24.79M	0.3%	$1.49	—	CONV	595112AH6
—	MICROCHIP TECHNOLOGY INC	14,094,000	$24.51M	0.3%	$1.49	—	CONV	595017AB0
—	OMNICARE INC	22,871,000	$24.51M	0.3%	$1.05	—	CONV	681904AL2
—	Park24 Co Ltd	2,460,000,000	$24.41M	0.3%	$0.01	—	CONV	EJ6317998
—	SL GREEN OPERATING PARTN	19,547,000	$24.26M	0.3%	$1.21	—	CONV	78444FAC0
—	BROADSOFT INC	23,259,000	$23.77M	0.3%	$1.03	—	CONV	11133BAB8
—	GOLDCORP INC	23,595,000	$23.67M	0.3%	$1.01	—	CONV	380956AB8
—	CHART INDUSTRIES INC	15,178,000	$23.45M	0.3%	$1.55	—	CONV	16115QAC4
—	TAKE-TWO INTERACTIVE SOF	21,742,000	$23.3M	0.3%	$1.02	—	CONV	874054AD1
—	Goodrich Petroleum Corp	22,562,000	$23.27M	0.3%	$1.09	—	CONV	382410AG3
—	CTRIP.COM INTER LTD.	22,931,000	$22.94M	0.3%	$1.00	—	CONV	22943FAC4
—	L-3 COMMS HLDGS INC	19,013,000	$22.9M	0.3%	$1.03	—	CONV	502413AW7
—	CONWERT IMMO INVEST AG	15,400,000	$22.88M	0.3%	$1.47	—	CONV	EI1197306
—	FORD MOTOR COMPANY	12,298,000	$22.63M	0.3%	$1.82	—	CONV	345370CN8
—	OWENS-BROCKWAY	21,698,000	$22.61M	0.3%	$1.02	—	CONV	69073TAQ6
—	OMNICARE INC	14,910,000	$22.56M	0.3%	$1.24	—	CONV	681904AP3
—	TONG JIE LTD	165,000,000	$22.3M	0.3%	$0.13	—	CONV	EJ5205350
—	BILLION EXPRESS INVESTME	21,600,000	$22.3M	0.3%	$1.02	—	CONV	EI4191348
—	RADIAN GROUP INC	15,095,000	$22.14M	0.3%	$1.35	—	CONV	750236AN1
—	CapitaLand Ltd	30,500,000	$22.06M	0.3%	$0.73	—	CONV	EJ6865004
—	Time Warner Cable Inc	160,806	$21.79M	0.3%	$134.83	—	COM	88732J207
—	HEALTHSOUTH CORP	20,547,000	$21.69M	0.3%	$1.06	—	CONV	421924BL4
—	IMMOFINANZ AG	3,187,399,000	$21.22M	0.3%	$0.01	—	CONV	EI5992165
—	MERITOR INC	21,714,000	$21.12M	0.3%	$0.90	—	CONV	043353AH4
—	CUBIST PHARMACEUTICALS	18,400,000	$21.1M	0.3%	$1.15	—	CONV	229678AG2
—	Equinix Inc	13,196,000	$20.92M	0.3%	$1.66	—	CONV	29444UAG1
—	ARRAY BIO INC	19,919,000	$20.82M	0.3%	$1.12	—	CONV	04269XAA3
—	ENERGY XXI BERMUDA	20,726,000	$20.51M	0.3%	$0.99	—	CONV	29274UAA9
—	KAWASAKI KISEN KAISHA	1,960,000,000	$20.5M	0.3%	$0.01	—	CONV	EJ8275772
—	STANLEY BLACK & DECKER I	166,606	$20.48M	0.3%	$0.26	—	PFD CV	854502309
—	TIBCO SOFTWARE INC	20,411,000	$20.46M	0.3%	$0.98	—	CONV	88632QAB9
—	DOMINION RESOURCES INC	366,349	$19.89M	0.3%	$0.09	—	PFD CV	25746U703
—	LIBERTY INTERACTIVE LLC	15,910,000	$19.85M	0.2%	$1.11	—	CONV	530610AA2
—	TUI AG	119,100,000	$19.76M	0.2%	$0.15	—	CONV	EI0323895
—	RALLYE SA	129,683	$19.6M	0.2%	$143.83	—	CONV	EJ8545448
—	VOLKSWAGEN INTL FIN NV	11,400,000	$19.47M	0.2%	$1.68	—	CONV	EJ4340075
—	DFC GLOBAL CORP	21,284,000	$19.03M	0.2%	$0.92	—	CONV	23324TAB3
—	ALLSCRIPTS HEALTHCARE SO	16,722,000	$18.7M	0.2%	$1.01	—	CONV	01988PAC2
—	ARES CAPITAL CORP	17,382,000	$18.65M	0.2%	$1.07	—	CONV	04010LAD5
—	OMNICOM GROUP INC	13,670,000	$18.57M	0.2%	$1.21	—	CONV	681919AV8
—	REDWOOD TRUST INC	17,820,000	$18.52M	0.2%	$1.00	—	CONV	758075AB1
—	Wright Medical Group Inc	13,772,000	$18.51M	0.2%	$1.29	—	CONV	98235TAC1
—	NATIONAL BK OF ABU DHABI	17,000,000	$18.33M	0.2%	$1.04	—	CONV	EJ6920650
—	INTERMUNE INC	20,223,000	$18.23M	0.2%	$0.84	—	CONV	45884XAE3
—	Workday Inc	15,242,000	$18.04M	0.2%	$1.18	—	CONV	98138HAA9
—	Proofpoint Inc	16,500,000	$17.75M	0.2%	$1.08	—	CONV	743424AA1
—	HKEX INTERNATIONAL LTD	16,189,000	$17.73M	0.2%	$1.02	—	CONV	EJ3793498
—	BRITISH LAND CO(JERSEY)	9,500,000	$17.43M	0.2%	$1.68	—	CONV	EJ3522228
—	HOLOGIC INC	16,414,000	$17.31M	0.2%	$1.03	—	CONV	436440AG6
—	FIDELITY NATL FINANCIAL	10,567,000	$17.3M	0.2%	$1.37	—	CONV	31620RAE5
—	SUNEDISON INC	15,200,000	$17.14M	0.2%	$1.13	—	CONV	86732YAA7
—	HEARTWARE INTERNATIONAL	14,053,000	$16.88M	0.2%	$1.24	—	CONV	422368AA8
—	B2GOLD CORP	18,415,000	$16.7M	0.2%	$0.92	—	CONV	11777QAA8
—	SanDisk Corp	11,148,000	$16.44M	0.2%	$1.34	—	CONV	80004CAD3
—	OLD REPUBLIC INTL CORP	13,157,000	$16.4M	0.2%	$1.13	—	CONV	680223AH7
—	NAVISTAR INTL CORP	16,028,000	$16.34M	0.2%	$1.02	—	CONV	63934EAP3
—	UNITED AIRLINES INC	7,855,000	$16.07M	0.2%	$1.75	—	CONV	210795PU8
—	Iconix Brand Group Inc	11,697,000	$16.05M	0.2%	$1.12	—	CONV	451055AD9
—	ArcelorMittal	15,656,000	$15.93M	0.2%	$1.02	—	CONV	03938LAK0
—	SIEMENS FINANCIERINGSMAT	13,500,000	$15.92M	0.2%	$1.09	—	CONV	EJ0220339
—	VISHAY INTERTECHNOLOGY	14,710,000	$15.56M	0.2%	$1.08	—	CONV	928298AG3
—	Yahoo! Inc	381,735	$15.44M	0.2%	$40.44	—	COM	984332106
—	OSG CORPORATION	1,270,000,000	$15.25M	0.2%	$0.01	—	CONV	EJ0966691
—	EMIGRANT BANCORP	15,000,000	$15.2M	0.2%	$1.00	—	CORP	291228AA2
—	LIBERTY MEDIA CORP	15,100,000	$15.16M	0.2%	$1.00	—	CONV	531229AA0
—	CORNERSTONE ONDEMAND INC	12,455,000	$15.13M	0.2%	$1.10	—	CONV	21925YAA1
—	MEDICINES COMPANY	10,028,000	$15.07M	0.2%	$1.50	—	CONV	584688AC9
—	ASHLAND INC	15,843,000	$15.05M	0.2%	$0.94	—	CORP	044209AF1
—	STANLEY BLACK & DECKER I	144,561	$14.87M	0.2%	$102.83	—	PFD CV	854502804
—	SEACOR Holdings Inc	14,960,000	$14.82M	0.2%	$0.99	—	CONV	81170YAA7
—	Cemex SAB de CV	11,021,000	$14.55M	0.2%	$1.25	—	CONV	151290BB8
—	AABAR INVESTMENTS PJSC	8,900,000	$14.54M	0.2%	$1.41	—	CONV	EI6900860
—	RADIAN GROUP INC	10,150,000	$14.51M	0.2%	$1.26	—	CONV	750236AK7
—	Micron Technology Inc	7,107,000	$14.49M	0.2%	$1.44	—	CONV	595112AS2
—	PORTFOLIO RECOVERY ASSOC	12,960,000	$14.27M	0.2%	$1.14	—	CONV	73640QAA3
—	SERVICENOW INC	14,000,000	$14.19M	0.2%	$1.01	—	CONV	81762PAA0
—	SAINSBURY (J) PLC	8,150,000	$14.07M	0.2%	$1.67	—	CONV	EH8716415
—	MYLAN INC	4,270,000	$14.01M	0.2%	$2.38	—	CONV	628530AJ6
—	EMULEX CORPORATION	14,226,000	$13.96M	0.2%	$0.98	—	CONV	292475AE0
—	NEWPARK RESOURCES INC	10,200,000	$13.77M	0.2%	$1.30	—	CONV	651718AC2
—	IHI Corp	900,000,000	$13.57M	0.2%	$0.01	—	CONV	EI6071084
—	Lennar Corp	7,500,000	$13.55M	0.2%	$1.81	—	CONV	526057BG8
—	NOMURA RESEARCH INSTITUT	1,417,000,000	$13.48M	0.2%	$0.01	—	CONV	EF9131196
—	FAURECIA	291,383	$13.24M	0.2%	$37.19	—	CONV	EJ3589599
—	Vodafone Group PLC	332,668	$13.08M	0.2%	$29.68	—	COM	92857W209
—	HELIX ENERGY SOLUTIONS	10,832,000	$13.06M	0.2%	$1.23	—	CONV	42330PAG2
—	priceline.com Inc	11,226	$13.05M	0.2%	$1162.39	—	COM	741503403
—	RPM INTERNATIONAL INC	11,500,000	$12.81M	0.2%	$1.11	—	CONV	749685AT0
—	JARDEN CORP	8,932,000	$12.64M	0.2%	$1.41	—	CONV	471109AH1
—	SHIZUOKA BANK LTD	11,800,000	$12.54M	0.2%	$1.13	—	CONV	EJ6282960
JPM	JPMorgan Chase & Co	213,360	$12.48M	0.2%	$39.58	+0.1%	COM	46625H100
—	LAM RESEARCH CORP	9,978,000	$12.16M	0.2%	$1.11	—	CONV	512807AL2
—	SOLARCITY CORP	10,250,000	$12.15M	0.2%	$1.18	—	CONV	83416TAA8
—	TRINITY INDUSTRIES INC	9,182,000	$12.15M	0.2%	$1.17	—	CONV	896522AF6
—	UNIBAIL-RODAMCO SE	34,540	$11.89M	0.1%	$333.29	—	CONV	EJ3604083
—	ADIDAS AG	6,600,000	$11.86M	0.1%	$1.66	—	CONV	EJ0958623
—	PENNYMAC CORP	12,106,000	$11.64M	0.1%	$0.96	—	CONV	70932AAA1
—	MERITOR INC	8,000,000	$11.58M	0.1%	$1.45	—	CONV	59001KAC4
—	Hornbeck Offshore Services Inc	234,700	$11.55M	0.1%	$49.23	—	COM	440543106
—	HEALTH CARE REIT INC	224,563	$11.51M	0.1%	$0.11	—	PFD CV	42217K601
—	NEXTERA ENERGY INC	201,708	$11.44M	0.1%	$0.10	—	PFD CV	65339F887
—	LAM RESEARCH CORP	10,060,000	$11.44M	0.1%	$1.09	—	CONV	512807AJ7
—	MERRIMACK PHARMACEUTI	10,863,000	$11.36M	0.1%	$0.91	—	CONV	590328AA8
—	PREMIER OIL FINANCE (JER	10,250,000	$11.34M	0.1%	$1.12	—	CONV	EJ4170621
—	GREENBRIER COS INC	9,536,000	$11.28M	0.1%	$1.04	—	CONV	393657AH4
—	BIOMED REALTY LP	9,913,000	$11.19M	0.1%	$1.21	—	CONV	09064AAB7
—	Tiffany & Co	117,831	$10.93M	0.1%	$80.39	—	COM	886547108
—	Lennar Corp	5,930,000	$10.92M	0.1%	$1.71	—	CONV	526057BE3
—	CROWN CASTLE INTL CORP	108,660	$10.91M	0.1%	$100.38	—	PFD CV	228227500
—	KUKA AG	6,800,000	$10.89M	0.1%	$1.51	—	CONV	EJ5471192
—	TELEFLEX INC	6,821,000	$10.77M	0.1%	$1.38	—	CONV	879369AA4
—	SPANSION LLC	9,000,000	$10.61M	0.1%	$1.05	—	CONV	84649PAK1
—	FINISAR CORP	9,895,000	$10.31M	0.1%	$1.04	—	CONV	31787AAL5
—	VOLKSWAGEN INTL FIN NV	6,000,000	$10.25M	0.1%	$1.50	—	CONV	EJ4327957
—	RTI INTERNATIONAL METALS	9,448,000	$9.979M	0.1%	$0.95	—	CONV	74973WAB3
—	Starwood Hotels & Resorts Worl	125,000	$9.931M	0.1%	$79.45	—	COM	85590A401
—	BANK OF KYOTO	1,039,000,000	$9.873M	0.1%	$0.01	—	CONV	EF9167240
—	FIRST DATA CORPORATION	8,372,000	$9.827M	0.1%	$1.12	—	CORP	319963BB9
—	AB INDUSTRIVARDEN	5,500,000	$9.638M	0.1%	$1.71	—	CONV	EI1074810
—	STARZ LLC/STARZ FIN CORP	9,187,000	$9.394M	0.1%	$1.00	—	CORP	85571NAB5
—	SEMICONDUCTOR MANUFACTUR	9,000,000	$9.175M	0.1%	$1.02	—	CONV	EJ9030366
—	CLEAR CHANNEL COMMUNICAT	9,000,000	$9.09M	0.1%	$1.01	—	CORP	184502BG6
INTC	Intel Corp	350,000	$9.084M	0.1%	$17.05	+5.1%	COM	458140100
LULU	Lululemon Athletica Inc	153,000	$9.032M	0.1%	$68.85	-0.3%	COM	550021109
—	DERWENT LONDON CAPITAL N	5,400,000	$8.956M	0.1%	$1.62	—	CONV	EJ7611316
—	CLEAR CHANNEL WORLDWIDE	8,500,000	$8.936M	0.1%	$1.05	—	CORP	18451QAH1
—	SAGERPAR	6,300,000	$8.915M	0.1%	$1.38	—	CONV	EJ8597530
—	TUI Travel PLC	4,400,000	$8.804M	0.1%	$1.76	—	CONV	EH9941087
—	BALFOUR BEATTY FINANCE N	5,200,000	$8.795M	0.1%	$1.69	—	CONV	EJ9339056
—	TEMASEK FINANCIAL III PR	11,000,000	$8.754M	0.1%	$0.82	—	CONV	EI8480549
—	HEALTH CARE REIT INC	7,687,000	$8.565M	0.1%	$1.31	—	CONV	42217KAR7
—	MISARTE	35,000	$8.541M	0.1%	$242.69	—	CONV	EI3983604
—	GENERAL CABLE CORP	7,923,000	$8.526M	0.1%	$1.12	—	CONV	369300AL2
—	SYNOVUS FINANCIAL CORP	8,150,000	$8.415M	0.1%	$0.99	—	CORP	87161CAG0
—	DEUTSCHE POST AG	4,500,000	$8.405M	0.1%	$1.65	—	CONV	EJ4696336
—	RUBY ASSETS PTE LTD	9,500,000	$8.35M	0.1%	$0.92	—	CONV	EI1909023
—	ALLY FINANCIAL INC	8,000,000	$8.326M	0.1%	$1.03	—	CORP	02005NAM2
—	GABRIEL FINANCE LTD PART	6,000,000	$8.257M	0.1%	$1.38	—	CONV	EJ9488648
—	Yandex NV	7,500,000	$8.252M	0.1%	$1.10	—	CONV	98474TAA5
—	CAESARS ENT RESORT PROP	8,000,000	$8.2M	0.1%	$1.02	—	CORP	699742AC6
—	SANDRIDGE ENERGY INC	76,008	$8.182M	0.1%	$0.17	—	PFD CV	80007P604
—	INVENSENSE INC	7,000,000	$8.17M	0.1%	$1.17	—	CONV	46123DAA4
—	TITAN MACHINERY INC	9,536,000	$8.129M	0.1%	$0.94	—	CONV	88830RAB7
—	COLONY FINANCIAL INC	7,787,000	$8.091M	0.1%	$1.03	—	CONV	19624RAA4
—	DISH Network Corp	138,712	$8.034M	0.1%	$44.96	—	COM	25470M109
—	VIVUS INC	9,300,000	$8.027M	0.1%	$0.89	—	CONV	928551AA8
—	INCYTE CORP LTD	6,560,000	$8.018M	0.1%	$1.22	—	CONV	45337CAL6
—	KOHL'S CORPORATION	7,258,000	$8.011M	0.1%	$1.11	—	CORP	500255AF1
—	SEACOR Holdings Inc	6,510,000	$8.009M	0.1%	$1.23	—	CONV	811904AM3
—	M/I HOMES INC	7,133,000	$7.986M	0.1%	$1.04	—	CONV	55292PAB1
—	TOPPAN PRINTING CO LTD	800,000,000	$7.95M	0.1%	$0.01	—	CONV	EJ9719711
—	HCI GROUP INC	7,500,000	$7.886M	0.1%	$1.05	—	CONV	40416EAA1
—	IASIS HEALTHCARE/CAP CRP	7,290,000	$7.727M	0.1%	$1.03	—	CORP	45072PAD4
—	General Motors Co	333,909	$7.72M	0.1%	$16.48	—	COM	37045V126
—	Covanta Holding Corp	6,490,000	$7.596M	0.1%	$1.17	—	CONV	22282EAC6
—	US STEEL CORP	5,669,000	$7.507M	0.1%	$1.02	—	CONV	912909AH1
—	SHUTTERFLY INC	7,000,000	$7.505M	0.1%	$1.07	—	CONV	82568PAA4
—	GAIN CAPITAL HOLDINGS IN	8,000,000	$7.426M	0.1%	$0.93	—	CONV	36268WAA8
—	SHIP FINANCE INTL LTD	7,070,000	$7.415M	0.1%	$0.96	—	CONV	EJ5320514
PLD	Prologis Inc	200,000	$7.39M	0.1%	$26.72	+0.1%	COM	74340W103
—	BALOISE HOLDING AG	6,000,000	$7.382M	0.1%	$1.18	—	CONV	EI0461257
VZ	Verizon Communications Inc	150,000	$7.371M	0.1%	$26.55	+0.2%	COM	92343V104
—	PACIRA PHARMACEUTICALS	3,053,000	$7.304M	0.1%	$2.39	—	CONV	695127AB6
—	GIANT GREAT LTD	5,200,000	$7.251M	0.1%	$1.28	—	CONV	EI7269950
—	ETABLIS MAUREL ET PROM	332,742	$7.229M	0.1%	$21.08	—	CONV	EI3192347
—	ALBANY MOLECULAR RESEARC	7,750,000	$7.211M	0.1%	$0.93	—	CONV	012423AA7
CSCO	Cisco Systems Inc	320,000	$7.178M	0.1%	$15.20	0.0%	COM	17275R102
—	ENI SPA	5,000,000	$7.106M	0.1%	$1.42	—	CONV	EJ4603597
TMUS	T-Mobile US Inc	209,917	$7.062M	0.1%	$24.60	+7.6%	COM	872590104
—	CAIXABANK	5,000,000	$6.998M	0.1%	$1.40	—	CONV	EJ9331491
—	EBARA CORP	488,000,000	$6.852M	0.1%	$0.01	—	CONV	EJ5625649
—	SBI HOLDINGS INC	600,000,000	$6.839M	0.1%	$0.01	—	CONV	EJ8897633
—	Iconix Brand Group Inc	4,950,000	$6.821M	0.1%	$1.14	—	CONV	451055AE7
—	SIEM INDUSTRIES INC	6,800,000	$6.816M	0.1%	$0.94	—	CONV	EJ3522178
—	KB HOME	6,708,000	$6.736M	0.1%	$1.03	—	CONV	48666KAS8
—	CSG SYSTEMS INTL INC	4,818,000	$6.534M	0.1%	$1.14	—	CONV	126349AC3
—	CONCUR TECHNOLOGIES INC	5,612,000	$6.529M	0.1%	$1.02	—	CONV	206708AB5
—	INMARSAT PLC	4,700,000	$6.391M	0.1%	$1.31	—	CONV	EH0348563
—	SERVICESOURCE INTL INC	6,750,000	$6.383M	0.1%	$1.03	—	CONV	81763UAA8
—	SUBSEA 7 SA	6,200,000	$6.364M	0.1%	$1.01	—	CONV	EJ3827213
—	MAIDEN HOLDING LTD	141,550	$6.363M	0.1%	$0.05	—	PFD CV	EP0449165
—	BUNGE LTD	58,611	$6.316M	0.1%	$0.19	—	PFD CV	EP0237628
—	AB INDUSTRIVARDEN	4,250,000	$6.254M	0.1%	$1.45	—	CONV	EI5354531
—	CAESARS ENT RESORT PROP	6,000,000	$6.24M	0.1%	$1.04	—	CORP	699742AA0
—	CAP GEMINI SOGETI	62,000	$6.163M	0.1%	$99.40	—	CONV	EJ8936621
—	Callaway Golf Co	4,962,000	$6.137M	0.1%	$1.12	—	CONV	131193AC8
AIG	American International Group I	120,000	$6.126M	0.1%	$36.03	+5.1%	COM	026874784
—	YASKAWA ELECTRIC CORP	415,000,000	$6.099M	0.1%	$0.01	—	CONV	EJ0476774
—	WEYERHAEUSER CO	108,530	$6.067M	0.1%	$0.10	—	PFD CV	962166872
—	GREAT PORTLAND ESTATES	3,400,000	$5.92M	0.1%	$1.62	—	CONV	EJ8158911
—	NIKKISO	560,000,000	$5.856M	0.1%	$0.01	—	CONV	EJ7590254
—	CELANESE US HOLDINGS LLC	6,078,000	$5.82M	0.1%	$0.98	—	CORP	15089QAD6
—	CONWERT IMMO INVEST SE	3,800,000	$5.649M	0.1%	$1.42	—	CONV	EJ3463803
—	ARES CAPITAL CORP	5,280,000	$5.639M	0.1%	$1.06	—	CONV	04010LAG8
—	SIMMONS FOODS INC	5,293,000	$5.624M	0.1%	$1.05	—	CORP	828732AA5
—	GOODYEAR TIRE & RUBBER	84,000	$5.56M	0.1%	$66.19	—	PFD CV	382550309
—	REGENCY ENERGY PARTNERS	5,367,000	$5.541M	0.1%	$1.01	—	CORP	75886AAK4
—	BLACKROCK KELSO CAPITAL	5,329,000	$5.49M	0.1%	$1.01	—	CONV	092533AA6
—	INTL CONSOLIDATED AIRLIN	3,000,000	$5.488M	0.1%	$1.61	—	CONV	EJ6774487
—	CGG	136,050	$5.397M	0.1%	$42.93	—	CONV	EJ4421362
—	OREXIGEN THERAPEUTICS IN	5,500,000	$5.377M	0.1%	$0.98	—	CONV	686164AA2
—	W & T OFFSHORE INC	5,000,000	$5.288M	0.1%	$1.06	—	CORP	92922PAC0
—	YAMATO HOLDINGS	430,000,000	$5.08M	0.1%	$0.01	—	CONV	EI5817172
—	NorthStar Realty Finance Corp	375,000	$5.044M	0.1%	$13.45	—	COM	66704R100
—	LIGHTSTREAM RESOURCES	4,990,000	$5.04M	0.1%	$1.00	—	CORP	71645AAA7
—	EMC Corp/MA	200,000	$5.03M	0.1%	$25.15	—	COM	268648102
—	Tribune Co	5,000	$4.981M	0.1%	$996.20	—	TERM	89604BAR9
—	DANAHER CORP	2,209,000	$4.959M	0.1%	$1.84	—	CONV	235851AF9
—	VERTELLUS SPECIALTIES	4,963,000	$4.851M	0.1%	$0.91	—	CORP	92532JAA0
—	AMG CAPITAL TRUST I	66,575	$4.833M	0.1%	$0.10	—	PFD CV	00169X203
—	AGCO CORP	3,264,000	$4.752M	0.1%	$1.25	—	CONV	001084AM4
—	PROSPECT CAPITAL CORP	4,450,000	$4.699M	0.1%	$1.04	—	CONV	74348TAL6
—	PROSPECT MEDICAL HOLDING	4,358,000	$4.674M	0.1%	$1.05	—	CORP	743494AC0
—	TECHNIP	32,935	$4.639M	0.1%	$0.15	—	CONV	EI9036498
—	CARDTRONICS INC	4,550,000	$4.56M	0.1%	$1.00	—	CONV	14161HAF5
—	INGENICO	52,713	$4.488M	0.1%	$77.08	—	CONV	EI5993247
—	PROSPECT CAPITAL CORP	4,213,000	$4.453M	0.1%	$1.04	—	CONV	74348TAK8
—	ALTA MESA HLDGS/FINANC S	4,150,000	$4.441M	0.1%	$1.04	—	CORP	021332AC5
—	HCA HOLDINGS INC	4,000,000	$4.37M	0.1%	$1.08	—	CORP	40412CAB7
—	CENVEO CORP	4,340,000	$4.34M	0.1%	$0.98	—	CORP	15671BAE1
—	ALPHA NATURAL RESOURCES	4,000,000	$4.303M	0.1%	$1.08	—	CONV	02076XAF9
—	SPRINT CORP	4,000,000	$4.3M	0.1%	$1.02	—	CORP	85207UAB1
—	DERWENT CAP JERSEY LTD	2,100,000	$4.23M	0.1%	$1.81	—	CONV	EI6826180
—	HALCON RESOURCES CORP	4,000,000	$4.165M	0.1%	$1.04	—	CORP	40537QAG5
—	HEXION US FIN/NOVA SCOTI	4,000,000	$4.155M	0.1%	$1.04	—	CORP	428303AJ0
—	NEXTERA ENERGY INC	82,680	$4.148M	0.1%	$0.05	—	PFD CV	65339F861
—	Takashimaya Co Ltd	400,000,000	$4.076M	0.1%	$0.01	—	CONV	EJ9574876
—	ROCKWOOD SPECIALTIES GRO	3,965,000	$4.049M	0.1%	$1.01	—	CORP	774477AJ2
—	HALCON RESOURCES CORP	4,000,000	$4.04M	0.1%	$1.01	—	CORP	40537QAD2
—	Ixia	301,000	$4.006M	0.1%	$13.73	—	COM	45071R109
—	NAVIOS MARITIME HLDS/FIN	3,959,000	$3.979M	0.1%	$1.01	—	CORP	639365AG0
—	T-MOBILE USA INC	3,895,000	$3.963M	0.0%	$1.02	—	CORP	87264AAH8
—	RAYONIER TRS HOLDINGS IN	2,947,000	$3.945M	0.0%	$1.68	—	CONV	75508AAC0
LVS	Las Vegas Sands Corp	50,000	$3.944M	0.0%	$50.77	0.0%	COM	517834107
—	RESOURCE CAPITAL CORP	3,800,000	$3.817M	0.0%	$1.00	—	CONV	76120WAA2
—	UNITE JERSEY ISSUER LTD	2,200,000	$3.754M	0.0%	$1.71	—	CONV	EJ8675146
—	TEVA PHARM FIN CO LLC	3,500,000	$3.734M	0.0%	$1.07	—	CONV	88163VAE9
—	CHINA OVERS FIN CAYMAN	2,600,000	$3.703M	0.0%	$1.50	—	CONV	EG3669173
—	ASCENT CAPITAL GROUP INC	3,422,000	$3.678M	0.0%	$1.04	—	CONV	043632AA6
—	TAKE-TWO INTERACTIVE SOF	3,150,000	$3.641M	0.0%	$1.10	—	CONV	874054AC3
—	Catalyst Paper Corp	5,756,600	$3.627M	0.0%	$0.66	—	CORP	14889BAB8
—	TELECOM ITALIA FIN SA	2,500,000	$3.613M	0.0%	$1.45	—	CONV	EJ9297072
—	SOUTHERN WATER GREENSAND	1,946,000	$3.598M	0.0%	$1.77	—	CORP	EI6466102
—	ENCORE CAPITAL GROUP INC	2,829,000	$3.585M	0.0%	$0.96	—	CONV	292554AE2
—	SEKISUI HOUSE CO	250,000,000	$3.496M	0.0%	$0.01	—	CONV	EI7181783
PARR	Par Petroleum Corp	1,500,000	$3.345M	0.0%	$21.22	0.0%	COM	69888T207
—	INTERMUNE INC	2,400,000	$3.315M	0.0%	$1.07	—	CONV	45884XAF0
—	PLAINS EXPLORATION & PRO	3,000,000	$3.305M	0.0%	$1.09	—	CORP	726505AL4
—	NEWMONT MINING CORP	3,290,000	$3.287M	0.0%	$1.01	—	CONV	651639AH9
—	HEALTH NET INC	3,000,000	$3.233M	0.0%	$1.04	—	CORP	422248AA2
—	Pennon Group PLC	1,700,000	$3.206M	0.0%	$1.79	—	CONV	EH9250091
—	CHESAPEAKE OIL OP/FIN	3,000,000	$3.143M	0.0%	$1.05	—	CORP	165258AB0
BKD	Brookdale Senior Living Inc	115,394	$3.136M	0.0%	$27.72	0.0%	COM	112463104
—	BIOMET INC	2,957,000	$3.105M	0.0%	$1.03	—	CORP	090613AJ9
—	SUNEDISON INC	2,751,000	$3.082M	0.0%	$1.12	—	CONV	86732YAB5
—	ABC MART	280,000,000	$3.078M	0.0%	$0.01	—	CONV	EJ5208859
—	CBIZ INC	2,295,000	$3.042M	0.0%	$1.10	—	CONV	124805AC6
—	SANDY CREEK ENERGY ASSOCIAT	3,000	$3.008M	0.0%	$1002.67	—	TERM	80030FAF9
—	MISUMI GROUP INC.	2,800,000	$2.998M	0.0%	$1.07	—	CONV	EJ8673521
—	NARA CABLE FUNDING	2,000,000	$2.991M	0.0%	$1.50	—	CORP	EI4391898
—	EPISTAR CORP	2,700,000	$2.968M	0.0%	$1.10	—	CONV	EJ7782158
—	NOKIA SIEMENS NETWORKS F	1,900,000	$2.847M	0.0%	$1.50	—	CORP	EJ6078384
—	TEXAS COMP ELEC HOLD LLC	4,000	$2.808M	0.0%	$702.00	—	TERM	90210EAM8
—	VERSO PAPER HLDG LLC/INC	2,630,000	$2.788M	0.0%	$1.04	—	CORP	92531XAP7
—	TENET HEALTHCARE CORP	2,625,000	$2.74M	0.0%	$1.02	—	CORP	87243QAA4
—	PYRUS LTD	1,600,000	$2.671M	0.0%	$1.37	—	CONV	EI4223836
—	OVERSEAS SHIPHLDG GROUP	2,372,000	$2.639M	0.0%	$1.01	—	CORP	690368AH8
GLPI	Gaming and Leisure Properties	51,787	$2.631M	0.0%	$50.80	—	COM	36467J108
—	ALLY FINANCIAL INC	2,250,000	$2.621M	0.0%	$1.15	—	CORP	02005NAJ9
—	PROSPECT CAPITAL CORP	2,459,000	$2.557M	0.0%	$1.04	—	CONV	74348TAM4
CRM	Salesforce.com Inc	45,200	$2.495M	0.0%	$52.85	0.0%	COM	79466L302
—	NY COMMUNITY CAP TRUST V	50,446	$2.468M	0.0%	$0.10	—	PFD CV	64944P307
—	SAMSON INVESTMENT COMPAN	2,250,000	$2.453M	0.0%	$1.05	—	CORP	796038AA5
—	TRULIA INC	2,000,000	$2.428M	0.0%	$1.21	—	CONV	897888AA1
—	Hertz Global Holdings Inc	84,569	$2.42M	0.0%	$26.55	—	COM	42805T105
—	LAND O LAKES CAP TRST I	2,500,000	$2.4M	0.0%	$0.98	—	CORP	514665AA6
—	RANGE RESOURCES CORP	2,320,000	$2.279M	0.0%	$0.97	—	CORP	75281AAN9
—	CHRYSLER GP/CG CO-ISSUER	2,000,000	$2.275M	0.0%	$1.14	—	CORP	17121EAD9
—	HERCULES OFFSHORE INC	2,030,000	$2.263M	0.0%	$1.11	—	CORP	427093AG4
—	LAB CORP OF AMER HLDGS	1,819,000	$2.23M	0.0%	$1.34	—	CONV	50540RAG7
—	Technip SA	22,820	$2.194M	0.0%	$96.14	—	COM	005329973
—	PBF HOLDING CO LLC	2,000,000	$2.17M	0.0%	$1.03	—	CORP	69318FAB4
—	EARTHLINK HOLDINGS CORP	2,175,000	$2.17M	0.0%	$1.00	—	CORP	270321AE2
—	KRATOS DEFENSE & SEC	2,000,000	$2.158M	0.0%	$1.07	—	CORP	50077BAC2
—	QEP RESOURCES INC	2,000,000	$2.145M	0.0%	$1.07	—	CORP	74733VAA8
—	REYNOLDS GRP ISS/REYNOLD	2,000,000	$2.145M	0.0%	$1.05	—	CORP	761735AL3
—	Sumitomo Mitsui Financial Grou	41,500	$2.134M	0.0%	$48.24	—	COM	015774371
—	CHINA OS GRAND OCEAN FIN	15,000,000	$2.13M	0.0%	$0.16	—	CONV	EJ0948541
—	Alexion Pharmaceuticals Inc	16,000	$2.126M	0.0%	$116.19	—	COM	015351109
—	FRESENIUS MED CARE US	2,000,000	$2.12M	0.0%	$1.06	—	CORP	35803QAA5
—	VALEANT PHARMACEUTICALS	2,000,000	$2.108M	0.0%	$0.99	—	CORP	91829KAA1
—	T-MOBILE USA INC	2,000,000	$2.105M	0.0%	$1.05	—	CORP	87264AAD7
—	CORNERSTONE CHEMICAL CO	2,000,000	$2.105M	0.0%	$1.05	—	CORP	21925AAB1
—	LSB INDUSTRIES	2,000,000	$2.1M	0.0%	$1.04	—	CORP	502160AK0
—	EAGLE ROCK ENER PART/FIN	1,925,000	$2.098M	0.0%	$1.02	—	CORP	26985UAB3
—	ENERGY XXI GULF COAST IN	2,000,000	$2.085M	0.0%	$1.04	—	CORP	29276KAR2
—	Air France-KLM	117,600	$2.076M	0.0%	$0.02	—	CONV	EH8739102
—	CARLSON WAGONLIT BV	2,000,000	$2.075M	0.0%	$1.03	—	CORP	142812AB2
—	CLAYTON WILLIAMS ENERGY	2,000,000	$2.055M	0.0%	$0.99	—	CORP	969490AG6
—	CASELLA WASTE SYSTEMS IN	2,000,000	$2.05M	0.0%	$0.95	—	CORP	147448AG9
—	ALLIED SPECIALTY VEHICLE	2,000,000	$2.045M	0.0%	$1.02	—	CORP	019517AA9
—	TRONOX FINANCE LLC	2,000,000	$2.04M	0.0%	$0.99	—	CORP	897050AB6
—	CHURCHILL DOWNS INC	2,000,000	$2.035M	0.0%	$1.02	—	CORP	171484AA6
—	Mitsubishi UFJ Financial Group	299,800	$2.034M	0.0%	$6.37	—	COM	012638655
—	TESORO CORP	2,000,000	$2.025M	0.0%	$1.01	—	CORP	881609AZ4
MSFT	Microsoft Corp	54,046	$2.022M	0.0%	$27.00	+11.2%	COM	594918104
—	TRW AUTOMOTIVE INC	2,000,000	$2.02M	0.0%	$1.00	—	CORP	87264MAJ8
—	SPRINT INDUSTRIAL LLC	2,000	$2.02M	0.0%	$1.00	—	TERM	85208BAE6
—	APPVION INC	2,000,000	$2.02M	0.0%	$1.01	—	CORP	03834LAA7
—	CLEAN HARBORS INC	2,000,000	$2.02M	0.0%	$0.97	—	CORP	184496AL1
—	LEVEL 3 COMMUNICATIONS	1,750,000	$2.013M	0.0%	$1.13	—	CORP	52729NBT6
—	SORENSON COMMUNICATIONS	1,985	$2.012M	0.0%	$1.00	—	TERM	BL0958738
—	ALZA CORP	1,568,000	$1.981M	0.0%	$1.20	—	CONV	02261WAB5
—	Mizuho Financial Group Inc	914,600	$1.979M	0.0%	$2.16	—	COM	016331384
—	SAPPI PAPIER HOLDNG GMBH	2,000,000	$1.97M	0.0%	$0.97	—	CORP	803071AA7
—	Equinix Inc	2,000,000	$1.955M	0.0%	$0.98	—	CORP	29444UAM8
—	priceline.com Inc	507,000	$1.937M	0.0%	$2.73	—	CONV	741503AN6
—	AMERICAN GILSONITE CO	2,000,000	$1.92M	0.0%	$1.05	—	CORP	02636PAA0
—	Alon USA Energy Inc	1,488,000	$1.901M	0.0%	$0.99	—	CONV	020520AA0
—	FQM AKUBRA INC	1,750,000	$1.899M	0.0%	$1.02	—	CORP	457983AC8
—	NIHON UNISYS LTD	185,000,000	$1.891M	0.0%	$0.01	—	CONV	EJ7063138
—	BILL BARRETT CORP	1,750,000	$1.881M	0.0%	$1.03	—	CORP	06846NAC8
—	DANA HOLDING CORP	1,750,000	$1.881M	0.0%	$1.06	—	CORP	235825AB2
—	SEAGATE HDD CAYMAN	2,000,000	$1.87M	0.0%	$0.95	—	CORP	81180WAG6
—	SANDRIDGE ENERGY INC	1,745,000	$1.85M	0.0%	$0.99	—	CORP	80007PAQ2
—	SONY CORPORATION	100,000,000	$1.815M	0.0%	$0.02	—	CONV	EJ4440941
—	BOISE CASCADE COMPANY	1,700,000	$1.789M	0.0%	$1.01	—	CORP	09739DAA8
—	CHINA POWER INTL DEVELOP	8,100,000	$1.788M	0.0%	$0.23	—	CONV	EI6434571
GS	Goldman Sachs Group Inc/The	10,000	$1.773M	0.0%	$130.68	0.0%	COM	38141G104
—	GOODYEAR TIRE & RUBBER	1,570,000	$1.754M	0.0%	$1.10	—	CORP	382550BB6
—	DRILL RIGS HLDS INC	1,600,000	$1.728M	0.0%	$1.00	—	CORP	262049AA7
—	Emulex Corp	240,000	$1.718M	0.0%	$7.16	—	COM	292475209
—	Celgene Corp	10,162	$1.717M	0.0%	$152.78	—	COM	151020104
—	FMG RESOURCES AUG 2006	1,525,000	$1.712M	0.0%	$1.06	—	CORP	30251GAH0
—	ISTAR FINANCIAL INC	1,243,000	$1.706M	0.0%	$1.19	—	CONV	45031UBR1
—	ACTIVISION BLIZZARD	1,625,000	$1.694M	0.0%	$1.04	—	CORP	00507VAE9
—	WINDSTREAM CORP	1,650,000	$1.687M	0.0%	$1.02	—	CORP	97381WAX2
GILD	Gilead Sciences Inc	22,361	$1.679M	0.0%	$48.38	0.0%	COM	375558103
—	ST BARBARA LTD	2,000,000	$1.645M	0.0%	$0.92	—	CORP	852278AA8
—	MIDSTATES PETRO INC/LLC	1,500,000	$1.631M	0.0%	$1.09	—	CORP	59804VAB1
—	MASTEC INC	1,725,000	$1.63M	0.0%	$0.94	—	CORP	576323AN9
TOL	Toll Brothers Inc	44,000	$1.628M	0.0%	$32.93	+0.7%	COM	889478103
—	DISPENSING DYNAMICS INTL	1,500,000	$1.609M	0.0%	$1.02	—	CORP	25471QAA7
—	CIT GROUP INC	1,500,000	$1.609M	0.0%	$1.03	—	CORP	125581GH5
—	SESI LLC	1,500,000	$1.601M	0.0%	$1.03	—	CORP	78412FAL8
—	Cubist Pharmaceuticals Inc	23,200	$1.598M	0.0%	$68.88	—	COM	229678107
—	OASIS PETROLEUM INC	1,500,000	$1.59M	0.0%	$1.06	—	CORP	674215AF5
—	ADT CORP	1,500,000	$1.575M	0.0%	$1.01	—	CORP	00101JAJ5
—	CORRECTIONS CORP OF AMER	1,663,000	$1.567M	0.0%	$0.93	—	CORP	22025YAP5
—	NAVIOS SA LOGIST/FIN US	1,450,000	$1.564M	0.0%	$1.07	—	CORP	63938NAB0
—	ELETSON HOLDINGS	1,500,000	$1.538M	0.0%	$1.03	—	CORP	28620QAA1
—	SUBSEA 7 SA	80,000	$1.527M	0.0%	$19.09	—	COM	001340262
—	General Motors Co	273,452	$1.504M	0.0%	$4.00	—	COM	37045V134
—	MannKind Corp	674,000	$1.483M	0.0%	$2.80	—	COM	56400P508
—	MARFRIG HOLDING EUROPE B	1,500,000	$1.481M	0.0%	$1.01	—	CORP	56656UAD4
—	CAESARS ENTERTAINMENT OP	1,500,000	$1.444M	0.0%	$0.94	—	CORP	12768RAD9
—	STEEL DYNAMICS INC	1,335,000	$1.442M	0.0%	$1.04	—	CORP	858119AV2
DAL	Delta Air Lines Inc	52,079	$1.431M	0.0%	$23.32	0.0%	COM	247361702
—	XILINX INC	895,000	$1.419M	0.0%	$1.55	—	CONV	983919AD3
—	NEXTERA ENERGY INC	24,583	$1.415M	0.0%	$0.11	—	PFD CV	65339F705
—	CHESAPEAKE ENERGY CORP	1,200	$1.399M	0.0%	$1165.83	—	PFD CV	165167768
—	NORCELL SWEDEN HOLDING 2	900,000	$1.388M	0.0%	$1.47	—	CORP	EI8624492
—	DELL INTERNATIONAL	1,000	$1.387M	0.0%	$1.35	—	TERM	24702NAC4
—	KENNEDY-WILSON INC	1,250,000	$1.372M	0.0%	$1.08	—	CORP	489399AC9
—	Liberty Global PLC	15,317	$1.363M	0.0%	$86.98	—	COM	094506433
—	BREITBURN ENER/BREIT FIN	1,300,000	$1.352M	0.0%	$1.02	—	CORP	106777AD7
—	SUNCOKE ENERGY INC	1,251,000	$1.348M	0.0%	$1.04	—	CORP	86722AAC7
—	JO-ANN STORES INC	1,250,000	$1.308M	0.0%	$1.02	—	CORP	639888AA4
—	DFC GLOBAL CORP	1,321,000	$1.277M	0.0%	$1.03	—	CONV	256664AC7
—	Pharmacyclics Inc	12,000	$1.269M	0.0%	$124.73	—	COM	716933106
—	Molina Healthcare Inc	1,056,000	$1.254M	0.0%	$1.29	—	CONV	60855RAA8
—	NATIONSTAR MORT/CAP CORP	1,300,000	$1.238M	0.0%	$0.96	—	CORP	63860UAK6
—	PERMIAN HOLDINGS INC	1,250,000	$1.231M	0.0%	$0.98	—	CORP	714239AA8
—	FIRST DATA CORPORATION	1,147,000	$1.22M	0.0%	$1.02	—	CORP	319963AY0
—	NAVIOS MARITIME ACQ CORP	1,150,000	$1.173M	0.0%	$1.02	—	CORP	63938MAD8
—	ENERGY FUTURE/EFIH FINAN	982,000	$1.154M	0.0%	$1.18	—	CORP	29269QAD9
—	JC Penney Co Inc	124,028	$1.135M	0.0%	$9.15	—	COM	708160106
—	FORBES ENERGY SERVICES	1,150,000	$1.127M	0.0%	$0.99	—	CORP	345143AC5
REGN	Regeneron Pharmaceuticals Inc	4,000	$1.101M	0.0%	$286.03	0.0%	COM	75886F107
—	HEALTHSOUTH CORP	1,000,000	$1.096M	0.0%	$1.08	—	CORP	421924BG5
—	INTELSAT LUXEMBOURG SA	1,000,000	$1.073M	0.0%	$1.01	—	CORP	458204AK0
—	FANNIE MAE	121,688	$1.065M	0.0%	$7.69	—	PFD	313586752
—	TELESAT CANADA/TELESAT L	1,000,000	$1.04M	0.0%	$1.02	—	CORP	87952VAJ5
—	NAVIOS MARITIME HLDS/FIN	1,000,000	$1.028M	0.0%	$0.95	—	CORP	639365AF2
—	BERLIN PACKAGING LLC	1,000	$1.026M	0.0%	$1.00	—	TERM	08511LAL2
—	Caesars Acquisition Co	85,000	$1.025M	0.0%	$12.06	—	COM	12768T103
—	TALOS PRODUCTION LLC/FIN	1,000,000	$1.023M	0.0%	$0.95	—	CORP	87484JAA8
—	CLEAR CHANNEL COMMUNICAT	1,000,000	$1.02M	0.0%	$0.98	—	CORP	184502BL5
—	NEIMAN MARCUS GROUP LTD	1,000	$1.016M	0.0%	$1016.00	—	TERM	64021SAB5
—	FIRST DATA CORPORATION	1,000	$1.003M	0.0%	$0.98	—	TERM	32007UBB4
—	DISH DBS CORP	1,000,000	$1.003M	0.0%	$0.99	—	CORP	25470XAQ8
—	MILL US ACQUISITION LLC	998	$1.002M	0.0%	$0.99	—	TERM	60001PAB3
—	ABC SUPPLY CO INC	998	$1.002M	0.0%	$0.99	—	TERM	02474RAB9
—	SHINGLE SPRINGS TRIBAL	993	$1M	0.0%	$1.00	—	TERM	82459FAB6
—	SABRE INC	998	$998K	0.0%	$1.00	—	TERM	78571YAT7
—	BRITAX US HOLDINGS	998	$993K	0.0%	$994.99	—	TERM	BL1129891
—	Premier Oil PLC	190,400	$987K	0.0%	$5.18	—	COM	062089695
—	SIX FLAGS ENTERTAINMENT	1,000,000	$978K	0.0%	$0.96	—	CORP	83001AAA0
—	CARAUSTAR INDUSTRIES INC	952	$955K	0.0%	$1.01	—	TERM	14076CAB9
—	CENVEO CORP	962,000	$948K	0.0%	$0.86	—	CORP	15671BAG6
—	OMEGA HLTHCARE INVESTORS	930,000	$939K	0.0%	$1.03	—	CORP	681936AZ3
—	Aeropostale Inc	100,000	$909K	0.0%	$9.40	—	COM	007865108
—	Equinix Inc	4,962	$881K	0.0%	$181.77	—	COM	29444U502
—	YTL CORP FINANCE LABUAN	800,000	$843K	0.0%	$1.09	—	CONV	EI1864871
—	DOMINION RESOURCES INC	15,500	$843K	0.0%	$54.39	—	PFD CV	25746U885
MU	Micron Technology Inc	38,000	$827K	0.0%	$18.97	0.0%	COM	595112103
NOK	Nokia OYJ	100,928	$819K	0.0%	$8.11	—	COM	654902204
—	INN OF THE MOUNTAIN GODS	847,990	$818K	0.0%	$0.96	—	CORP	45771VAC7
PENN	Penn National Gaming Inc	56,872	$815K	0.0%	$12.46	+10.3%	COM	707569109
—	United Technologies Corp	7,000	$797K	0.0%	$113.86	—	COM	913017109
—	DUPONT FABROS TECH LP	750,000	$774K	0.0%	$1.03	—	CORP	26613TAE0
—	NETFLIX INC	750,000	$759K	0.0%	$1.01	—	CORP	64110LAE6
A	Agilent Technologies Inc	12,471	$713K	0.0%	$31.21	+10.2%	COM	00846U101
—	LEUCADIA NATL CORP	520,000	$694K	0.0%	$1.30	—	CONV	527288AX2
—	CHINA POWER INTL DEVELOP	3,500,000	$688K	0.0%	$0.21	—	CONV	EJ3302266
—	ULTRAPETROL(BAHAMAS) LTD	625,000	$677K	0.0%	$1.00	—	CORP	90400XAE4
—	FUJIFILM Holdings Corp	23,900	$676K	0.0%	$23.93	—	COM	001225634
—	Wright Medical Group Inc	22,000	$676K	0.0%	$27.55	—	COM	98235T107
—	TESORO LOGISTICS LP/CORP	650,000	$665K	0.0%	$1.00	—	CORP	88160QAA1
—	PARKER DRILLING CO	575,000	$610K	0.0%	$1.06	—	CORP	701081AT8
—	Coronado Biosciences Inc	230,500	$606K	0.0%	$6.68	—	COM	21976U109
LXU	LSB Industries Inc	14,485	$594K	0.0%	$25.89	0.0%	COM	502160104
MGM	MGM Resorts International	25,000	$588K	0.0%	$17.29	+11.3%	COM	552953101
—	FXCM Inc	31,638	$564K	0.0%	$17.83	—	COM	302693106
—	Medivation Inc	8,807	$562K	0.0%	$63.81	—	COM	58501N101
DHI	DR Horton Inc	24,990	$558K	0.0%	$16.97	0.0%	COM	23331A109
—	TEMBEC INDUSTRIES INC	500,000	$548K	0.0%	$1.08	—	CORP	87971KAG2
CALY	Callaway Golf Co	63,956	$539K	0.0%	$7.00	+10.8%	COM	131193104
—	CLEAR CHANNEL COMMUNICAT	500,000	$538K	0.0%	$1.03	—	CORP	184502BN1
—	WINDSTREAM CORP	500,000	$530K	0.0%	$1.04	—	CORP	97381WAT1
—	VISHAY INTERTECHNOLOGY	607,000	$529K	0.0%	$0.91	—	CONV	928298AJ7
—	CROSSTEX ENERGY LP/CROSS	500,000	$526K	0.0%	$1.06	—	CORP	22764LAB9
—	FIDELITY & GUARANTY LIFE	500,000	$525K	0.0%	$0.97	—	CORP	315786AA1
—	Jones Group Inc/PA	35,063	$525K	0.0%	$15.02	—	COM	48020T101
—	TITAN INTERNATIONAL INC	500,000	$521K	0.0%	$1.01	—	CORP	88830MAG7
—	MannKind Corp	100,000	$520K	0.0%	$5.70	—	COM	56400P201
—	Ship Finance International Ltd	31,226	$511K	0.0%	$16.36	—	COM	019429954
—	NATIONSTAR MORT/CAP CORP	500,000	$509K	0.0%	$1.01	—	CORP	63860UAM2
—	SPRINT CORP	500,000	$508K	0.0%	$1.02	—	CORP	85207UAG0
—	GENESIS ENERGY LP/GENESI	500,000	$506K	0.0%	$0.98	—	CORP	37185LAE2
—	PROSPECT CAPITAL CORP	478,000	$503K	0.0%	$1.07	—	CONV	74348TAD4
—	Park24 Co Ltd	25,800	$485K	0.0%	$18.80	—	COM	007429126
—	COMMERCIAL METALS CO	500,000	$465K	0.0%	$0.92	—	CORP	201723AK9
—	Isis Pharmaceuticals Inc	11,604	$462K	0.0%	$39.81	—	COM	464330109
—	BARMINCO FINANCE PTY LTD	500,000	$460K	0.0%	$0.88	—	CORP	067687AA1
BYD	Boyd Gaming Corp	40,000	$450K	0.0%	$11.08	0.0%	COM	103304101
—	SWIFT SERVICES HLDGS INC	400,000	$445K	0.0%	$1.10	—	CORP	870755AB1
—	CLAYTON WILLIAMS ENERGY	400,000	$411K	0.0%	$0.99	—	CORP	969490AE1
—	Vivendi SA	14,500	$382K	0.0%	$23.00	—	COM	012182074
CIEN	Ciena Corp	15,000	$359K	0.0%	$23.10	+3.1%	COM	171779309
—	EP ENERGY/EP FINANCE INC	300,000	$346K	0.0%	$1.13	—	CORP	29977HAB6
—	Spirit Realty Capital Inc	34,941	$343K	0.0%	$17.72	—	COM	84860W102
—	HUGHES SATELITE SYSTEMS	300,000	$325K	0.0%	$1.06	—	CORP	444454AB8
—	GULFMARK OFFSHORE INC	310,000	$312K	0.0%	$0.99	—	CORP	402629AG4
—	Tribune Co	4,000	$310K	0.0%	$56.87	—	COM	896047503
—	CACI INTERNATIONAL INC	215,000	$288K	0.0%	$1.20	—	CONV	127190AD8
—	MERITAGE HOMES CORP	252,000	$284K	0.0%	$1.10	—	CONV	59001AAR3
—	VRINGO IN	250,000	$275K	0.0%	$1.04	—	COM	92911N112
—	UNIT CORP	250,000	$264K	0.0%	$1.02	—	CORP	909218AB5
—	NATIONSTAR MORT/CAP CORP	250,000	$259K	0.0%	$1.06	—	CORP	63860UAH3
—	Sega Sammy Holdings Inc	10,040	$255K	0.0%	$28.76	—	COM	020091967
PTEN	Patterson-UTI Energy Inc	10,000	$253K	0.0%	$23.93	0.0%	COM	703481101
—	CUMULUS MEDIA INC	33,424	$246K	0.0%	$3.28	—	COM	231082116
—	REGIS CORP	192,000	$204K	0.0%	$1.17	—	CONV	758932AA5
—	Amarin Corp PLC	100,000	$197K	0.0%	$6.32	—	COM	023111206
—	Daifuku Co Ltd	15,000	$191K	0.0%	$10.80	—	COM	002364786
—	Rite Aid Corp	36,994	$187K	0.0%	$4.76	—	COM	767754104
—	HOT TOPIC INC	150,000	$157K	0.0%	$1.01	—	CORP	441339AA6
—	Tribune Co	2,000	$152K	0.0%	$57.65	—	COM	896047115
—	MTR Gaming Group Inc	28,407	$147K	0.0%	$3.35	—	COM	553769100
—	LEAR	742	$117K	0.0%	$109.16	—	COM	521865113
—	COOPER-STANDARD HOLDING	4,332	$93,000	0.0%	$20.94	—	COM	21676P111
—	US TREASURY N/B	88	$71,000	0.0%	$0.84	—	GOVT	912810RB6
—	LUCENT TECH CAP TRUST I	62	$62,000	0.0%	$1.94	—	PFD CV	549462307
—	LEAR	5,000,000	$59,000	0.0%	$0.01	—	CORP	PPB004AH0
—	LEAR	4,932,000	$59,000	0.0%	$0.01	—	CORP	PP8J05WL7
—	Arrowhead Research Corp	5,000	$54,000	0.0%	$10.80	—	COM	042797209
—	Campus Crest Communities Inc	5,000	$47,000	0.0%	$9.40	—	COM	13466Y105
—	SHENGDATECH INC	2,975,000	$43,000	0.0%	$0.01	—	CONV	823213AD5
—	Navistar International Corp	1,000	$38,000	0.0%	$38.00	—	COM	63934e108
—	Catalyst Paper Corp	20,468	$23,000	0.0%	$1.04	—	COM	14889B102
—	LEVEL 3 COMMUNICATIONS	13,000	$17,000	0.0%	$1.17	—	CONV	52729NBP4
—	ALPHA NATURAL RESOURCES	14,000	$14,000	0.0%	$1.00	—	CONV	02076XAA0
—	Interpublic Group of Cos Inc/T	701	$12,000	0.0%	$10.76	+2.7%	COM	460690100
—	TTM TECHNOLOGIES	8,000	$8,000	0.0%	$1.01	—	CONV	87305RAC3
—	ALCATEL-LUCENT USA INC	9,000	$8,000	0.0%	$0.89	—	CONV	549463AH0
—	NUVASIVE INC	7,000	$7,000	0.0%	$1.00	—	CONV	670704AC9
—	ALPHA APPALACHIA HOLDING	3,000	$3,000	0.0%	$0.90	—	CONV	576203AJ2
—	DENDREON CORP	4,000	$3,000	0.0%	$0.75	—	CONV	24823QAC1
—	Kawasaki Kisen Kaisha Ltd	308	$1,000	0.0%	$3.25	—	COM	001226479
—	MTR Gaming Group Inc	30	$0	0.0%	$1.05	—	CORP	553769AL4
—	INN OF THE MOUNTAIN GODS	310	$0	0.0%	$0.92	—	CORP	EI5754540