Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CHIMERA INVT CORP	4,209,375	$57.42M	14.7%	$13.69	—	COM NEW	16934Q208
—	WEST CORP	1,034,345	$22.31M	5.7%	$23.48	—	COM	952355204
SUI	SUN CMNTYS INC	270,148	$18.51M	4.7%	$67.76	—	COM	866674104
EPD	ENTERPRISE PRODS PARTNERS L	679,022	$17.37M	4.5%	$51.23	—	COM	293792107
—	CYS INVTS INC	2,120,310	$15.12M	3.9%	$8.46	—	COM	12673A108
BKD	BROOKDALE SR LIVING INC	735,940	$13.59M	3.5%	$26.19	-17.8%	COM	112463104
—	ANNALY CAP MGMT INC	1,361,822	$12.77M	3.3%	$12.54	—	COM	035710409
GS	GOLDMAN SACHS GROUP INC	69,400	$12.51M	3.2%	$120.06	+25.9%	COM	38141G104
SYK	STRYKER CORP	131,220	$12.2M	3.1%	$56.92	+49.7%	COM	863667101
—	TWO HBRS INVT CORP	1,307,654	$10.59M	2.7%	$10.07	—	COM	90187B101
—	LEVEL 3 COMMUNICATIONS INC	1,930,211	$10.49M	2.7%	$22.20	—	COM NEW	52729N308
—	MFA FINL INC	1,218,300	$8.041M	2.1%	$7.97	—	COM	55272X102
SLRC	SOLAR CAP LTD	479,013	$7.87M	2.0%	$6.98	-4.3%	COM	83413U100
—	ELLINGTON FINANCIAL LLC	442,344	$7.423M	1.9%	$22.62	—	COM	288522303
—	MVC CAPITAL INC	971,122	$7.157M	1.8%	$11.46	—	COM	553829102
—	SOLAR SR CAP LTD	462,645	$6.893M	1.8%	$16.13	—	COM	83416M105
ARI	APOLLO COML REAL EST FIN INC	389,286	$6.707M	1.7%	$15.82	—	COM	03762U105
—	ALLIED WRLD ASSUR COM HLDG A	150,440	$5.595M	1.4%	$55.85	—	SHS	H01531104
—	ZAIS FINL CORP	343,168	$5.175M	1.3%	$17.49	—	COM	98886K108
NMFC	NEW MTN FIN CORP	384,462	$5.006M	1.3%	$4.01	+16.2%	COM	647551100
PNNT	PENNANTPARK INVT CORP	748,056	$4.623M	1.2%	$2.40	-19.2%	COM	708062104
GSBD	GOLDMAN SACHS BDC INC	228,702	$4.345M	1.1%	$22.86	-13.5%	SHS	38147U107
—	BARRICK GOLD CORP	582,197	$4.297M	1.1%	$14.59	—	COM	067901108
SYF	SYNCHRONY FINL	140,362	$4.268M	1.1%	$25.00	0.0%	COM	87165B103
—	THL CR INC	392,893	$4.204M	1.1%	$11.95	—	COM	872438106
NEM	NEWMONT MINING CORP	192,763	$3.468M	0.9%	$17.09	-15.7%	COM	651639106
CMCSA	COMCAST CORP NEW	60,000	$3.386M	0.9%	$23.76	0.0%	CL A	20030N101
STWD	STARWOOD PPTY TR INC	160,853	$3.307M	0.8%	$23.47	—	COM	85571B105
CSCO	CISCO SYS INC	120,000	$3.259M	0.8%	$15.24	+32.3%	COM	17275R102
GM	GENERAL MTRS CO	88,211	$3M	0.8%	$26.01	+6.5%	COM	37045V100
BXMT	BLACKSTONE MTG TR INC	111,249	$2.977M	0.8%	$27.85	—	COM CL A	09257W100
PFLT	PENNANTPARK FLOATING RATE CA	263,584	$2.965M	0.8%	$4.21	-2.6%	COM	70806A106
—	NUSTAR ENERGY LP	70,406	$2.823M	0.7%	$45.65	—	UNIT COM	67058H102
ZBH	ZIMMER BIOMET HLDGS INC	27,100	$2.78M	0.7%	$67.30	+33.8%	COM	98956P102
PFE	PFIZER INC	84,247	$2.719M	0.7%	$16.46	+23.8%	COM	717081103
FDUS	FIDUS INVT CORP	193,358	$2.647M	0.7%	$4.61	-1.3%	COM	316500107
—	DOW CHEM CO	50,000	$2.574M	0.7%	$51.48	—	COM	260543103
—	GENERAL ELECTRIC CO	79,952	$2.491M	0.6%	$23.19	—	COM	369604103
—	MEDLEY CAP CORP	322,733	$2.427M	0.6%	$9.56	—	COM	58503F106
HRZN	HORIZON TECHNOLOGY FIN CORP	206,354	$2.421M	0.6%	$3.32	+2.9%	COM	44045A102
NEWT	NEWTEK BUSINESS SVCS CORP	168,345	$2.411M	0.6%	$14.91	+4.4%	COM NEW	652526203
MSFT	MICROSOFT CORP	42,400	$2.352M	0.6%	$26.70	+72.0%	COM	594918104
—	ENERGY TRANSFER PRTNRS L P	61,380	$2.07M	0.5%	$52.20	—	UNIT LTD PARTN	29273R109
SYNA	SYNAPTICS INC	25,073	$2.014M	0.5%	$66.96	+26.8%	COM	87157D109
EXC	EXELON CORP	70,000	$1.944M	0.5%	$15.41	-8.0%	COM	30161N101
—	FACTORSHARES TR	75,000	$1.943M	0.5%	$26.70	—	ISE CYBER SEC	30304R407
—	TC PIPELINES LP	38,000	$1.889M	0.5%	$48.29	—	UT COM LTD PRT	87233Q108
XOM	EXXON MOBIL CORP	23,240	$1.812M	0.5%	$53.69	-4.3%	COM	30231G102
—	BUCKEYE PARTNERS L P	26,963	$1.778M	0.5%	$69.06	—	UNIT LTD PARTN	118230101
—	TCP CAP CORP	124,179	$1.73M	0.4%	$13.93	—	COM	87238Q103
—	MAGELLAN MIDSTREAM PRTNRS LP	24,600	$1.671M	0.4%	$54.51	—	COM UNIT RP LP	559080106
—	JPMORGAN CHASE & CO	70,200	$1.663M	0.4%	$23.69	—	*W EXP 10/28/201	46634E114
—	MB FINANCIAL INC NEW	50,000	$1.619M	0.4%	$26.80	—	COM	55264U108
—	AMERICAN CAPITAL AGENCY CORP	87,633	$1.52M	0.4%	$20.16	—	COM	02503X105
LLY	LILLY ELI & CO	18,000	$1.517M	0.4%	$42.21	+65.1%	COM	532457108
RIG	TRANSOCEAN LTD	121,138	$1.5M	0.4%	$24.77	-41.8%	REG SHS	H8817H100
MCD	MCDONALDS CORP	661	$1.407M	0.4%	—	—	Call	580135101
—	CALUMET SPECIALTY PRODS PTNR	69,547	$1.385M	0.4%	$36.38	—	UT LTD PARTNER	131476103
ABBV	ABBVIE INC	22,000	$1.303M	0.3%	$26.55	+43.0%	COM	00287Y109
—	TARGA RESOURCES PARTNERS LP	76,095	$1.258M	0.3%	$50.45	—	COM UNIT	87611X105
TR	TOOTSIE ROLL INDS INC	38,736	$1.224M	0.3%	$22.10	+13.6%	COM	890516107
—	E M C CORP MASS	40,000	$1.027M	0.3%	$23.63	—	COM	268648102
ZTS	ZOETIS INC	21,174	$1.015M	0.3%	$29.32	+42.4%	CL A	98978V103
—	FIFTH STREET FINANCE CORP	158,804	$1.013M	0.3%	$6.38	—	COM	31678A103
ABT	ABBOTT LABS	22,000	$988K	0.3%	$28.85	+26.7%	COM	002824100
—	TRANSATLANTIC PETROLEUM LTD	686,528	$954K	0.2%	$8.35	—	SHS NEW	G89982113
HTGC	HERCULES TECH GROWTH CAP INC	77,982	$951K	0.2%	$11.34	-0.7%	COM	427096508
MDLZ	MONDELEZ INTL INC	20,000	$897K	0.2%	$23.16	+53.2%	CL A	609207105
—	ISTAR INC	75,000	$880K	0.2%	$11.29	—	COM	45031U101
KGC	KINROSS GOLD CORP	463,352	$843K	0.2%	$4.62	-57.3%	COM NO PAR	496902404
—	PLAINS GP HLDGS L P	82,000	$775K	0.2%	$25.78	—	SHS A REP LTPN	72651A108
—	INVESCO MORTGAGE CAPITAL INC	60,834	$754K	0.2%	$16.57	—	COM	46131B100
AAPL	APPLE INC	2,400	$730K	0.2%	—	—	Call	037833100
—	LAYNE CHRISTENSEN CO	500,000	$710K	0.2%	$0.68	—	NOTE 4.250%11/1	521050AB0
—	BOARDWALK PIPELINE PARTNERS	49,796	$646K	0.2%	$30.20	—	UT LTD PARTNER	096627104
CFG	CITIZENS FINL GROUP INC	24,000	$629K	0.2%	$17.55	-1.0%	COM	174610105
—	SILVER BAY RLTY TR CORP	36,791	$576K	0.1%	$16.55	—	COM	82735Q102
—	GENERAL GROWTH PPTYS INC NEW	20,719	$564K	0.1%	$19.87	—	COM	370023103
—	TOTAL S A	12,500	$562K	0.1%	$48.70	—	SPONSORED ADR	89151E109
PMT	PENNYMAC MTG INVT TR	35,500	$542K	0.1%	$15.46	—	COM	70931T103
—	OCWEN FINL CORP	76,400	$533K	0.1%	$13.85	—	COM NEW	675746309
—	NUVEEN PREM INCOME MUN FD	37,251	$525K	0.1%	$12.32	—	COM	67062T100
—	AMERICAN CAP LTD	38,000	$524K	0.1%	$14.79	—	COM	02503Y103
—	STARWOOD WAYPOINT RESIDENTL	22,350	$506K	0.1%	$28.77	—	COM SHS	85571W109
—	ZAIS GROUP HLDGS INC	54,355	$503K	0.1%	$9.16	—	COM	98887G106
—	LEVEL 3 COMMUNICATIONS INC	500	$480K	0.1%	$22.20	—	Call	52729N308
KBR	KBR INC	27,000	$457K	0.1%	$26.54	-40.2%	COM	48242W106
EARN	ELLINGTON RESIDENTIAL MTG RE	36,573	$452K	0.1%	$15.62	—	COM SHS BEN INT	288578107
—	SOLARCITY CORP	500	$448K	0.1%	—	—	Put	83416T100
—	APOLLO INVT CORP	80,800	$422K	0.1%	$8.48	—	COM	03761U106
—	INVESCO QUALITY MUNI INC TRS	30,674	$389K	0.1%	$11.12	—	COM	46133G107
—	FS INVT CORP	42,200	$379K	0.1%	$9.31	—	COM	302635107
—	INVESCO MUN OPPORTUNITY TR	27,800	$366K	0.1%	$11.73	—	COM	46132C107
—	INVESCO MUN TR	26,900	$344K	0.1%	$11.60	—	COM	46131J103
COP	CONOCOPHILLIPS	7,200	$336K	0.1%	$39.96	-4.0%	COM	20825C104
—	INVESCO ADVANTAGE MUNICIPAL	28,300	$333K	0.1%	$10.53	—	SH BEN INT	46132E103
—	EATON VANCE MUN BD FD	25,500	$331K	0.1%	$11.29	—	COM	27827X101
QCOM	QUALCOMM INC	6,600	$330K	0.1%	$39.99	0.0%	COM	747525103
—	INVESCO TR INVT GRADE MUNS	24,400	$325K	0.1%	$12.17	—	COM	46131M106
—	CONCHO RES INC	150	$323K	0.1%	—	—	Put	20605P101
GM	GENERAL MTRS CO	750	$319K	0.1%	$26.01	+6.5%	Call	37045V100
SYNA	SYNAPTICS INC	250	$289K	0.1%	$66.96	+26.8%	Call	87157D109
—	FIREEYE INC	13,700	$284K	0.1%	$20.73	—	COM	31816Q101
EPR	EPR PPTYS	4,400	$257K	0.1%	$57.56	—	COM SH BEN INT	26884U109
—	AMERICAN CAPITAL AGENCY CORP	2,300	$243K	0.1%	$20.16	—	Call	02503X105
—	PUTNAM MANAGED MUN INCOM TR	32,800	$241K	0.1%	$6.65	—	COM	746823103
RITM	NEW RESIDENTIAL INVT CORP	19,646	$239K	0.1%	$15.02	—	COM NEW	64828T201
ARCC	ARES CAP CORP	13,800	$197K	0.1%	$5.76	0.0%	COM	04010L103
VALE	VALE S A	53,100	$175K	0.0%	$13.15	—	ADR	91912E105
—	PENNEY J C INC	25,000	$167K	0.0%	$8.62	—	COM	708160106
—	VALE S A	37,500	$96,000	0.0%	$12.16	—	ADR REPSTG PFD	91912E204
QCOM	QUALCOMM INC	400	$78,000	0.0%	$39.99	0.0%	Call	747525103
—	HI-CRUSH PARTNERS LP	10,000	$59,000	0.0%	$35.10	—	COM UNIT LTD	428337109
—	OCWEN FINL CORP	400	$32,000	0.0%	$13.85	—	Call	675746309
BKD	BROOKDALE SR LIVING INC	750	$17,000	0.0%	$26.19	-17.8%	Call	112463104
—	FIREEYE INC	2,148	$1,000	0.0%	$20.73	—	Call	31816Q101