Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	LEVEL 3 COMMUNICATIONS INC	1,082,506	$62.05M	13.6%	$22.20	—	COM NEW	52729N308
—	CHIMERA INVT CORP	2,777,881	$48.25M	10.6%	$13.69	—	COM NEW	16934Q208
—	WEST CORP	1,591,636	$37.12M	8.1%	$23.93	—	COM	952355204
EPD	ENTERPRISE PRODS PARTNERS L	679,022	$18.39M	4.0%	$51.23	—	COM	293792107
—	CYS INVTS INC	2,139,532	$17.96M	3.9%	$8.46	—	COM	12673A108
SYK	STRYKER CORP	125,220	$16.63M	3.6%	$59.09	+111.2%	COM	863667101
—	ANNALY CAP MGMT INC	1,361,822	$15.58M	3.4%	$12.54	—	COM	035710409
BKD	BROOKDALE SR LIVING INC	870,940	$13.04M	2.9%	$24.41	-43.4%	COM	112463104
—	TWO HBRS INVT CORP	1,175,008	$10.8M	2.4%	$10.07	—	COM	90187B101
—	MVC CAPITAL INC	1,084,013	$10.2M	2.2%	$11.08	—	COM	553829102
SLRC	SOLAR CAP LTD	479,013	$9.975M	2.2%	$6.98	+38.9%	COM	83413U100
—	MFA FINL INC	1,205,420	$9.712M	2.1%	$7.97	—	COM	55272X102
—	BARRICK GOLD CORP	582,197	$9.263M	2.0%	$14.59	—	COM	067901108
—	SUTHERLAND ASSET MGMT CORP M	585,123	$8.252M	1.8%	$13.58	—	COM	86933G105
GS	GOLDMAN SACHS GROUP INC	49,400	$7.881M	1.7%	$120.06	+53.8%	COM	38141G104
—	SOLAR SR CAP LTD	441,016	$7.261M	1.6%	$16.13	—	COM	83416M105
—	ELLINGTON FINANCIAL LLC	442,344	$7.17M	1.6%	$22.62	—	COM	288522303
NEM	NEWMONT MINING CORP	192,763	$6.281M	1.4%	$17.09	+55.5%	COM	651639106
PNNT	PENNANTPARK INVT CORP	810,056	$5.779M	1.3%	$2.43	+13.5%	COM	708062104
—	THL CR INC	558,815	$5.772M	1.3%	$11.28	—	COM	872438106
CGBD	TCG BDC INC	300,000	$5.403M	1.2%	$6.40	0.0%	COM	872280102
NMFC	NEW MTN FIN CORP	381,015	$5.13M	1.1%	$4.15	+39.0%	COM	647551100
PFLT	PENNANTPARK FLOATING RATE CA	368,493	$4.876M	1.1%	$4.45	+26.2%	COM	70806A106
FDUS	FIDUS INVT CORP	300,811	$4.86M	1.1%	$4.96	+31.6%	COM	316500107
—	NEOVASC INC	3,000,010	$4.14M	0.9%	$1.66	—	COM	64065J106
—	ALLIED WRLD ASSUR COM HLDG A	105,059	$3.998M	0.9%	$43.88	—	SHS	H01531104
CMCSA	COMCAST CORP NEW	60,000	$3.911M	0.9%	$26.84	+18.9%	CL A	20030N101
SYF	SYNCHRONY FINL	140,362	$3.812M	0.8%	$24.93	-3.6%	COM	87165B103
NEWT	NEWTEK BUSINESS SVCS CORP	251,547	$3.749M	0.8%	$14.35	+16.7%	COM NEW	652526203
—	FACTORSHARES TR	116,600	$3.5M	0.8%	$25.72	—	ISE CYBER SEC	30304R407
CSCO	CISCO SYS INC	120,000	$3.495M	0.8%	$15.24	+64.4%	COM	17275R102
STWD	STARWOOD PPTY TR INC	160,853	$3.473M	0.8%	$23.47	—	COM	85571B105
—	NUSTAR ENERGY LP	71,406	$3.33M	0.7%	$45.66	—	UNIT COM	67058H102
ZBH	ZIMMER BIOMET HLDGS INC	27,100	$3.262M	0.7%	$75.27	+46.8%	COM	98956P102
PFE	PFIZER INC	84,247	$2.944M	0.6%	$16.46	+31.2%	COM	717081103
EXC	EXELON CORP	70,000	$2.53M	0.6%	$15.41	+22.4%	COM	30161N101
ARI	APOLLO COML REAL EST FIN INC	152,164	$2.445M	0.5%	$15.82	—	COM	03762U105
GM	GENERAL MTRS CO	79,149	$2.419M	0.5%	$26.01	+11.7%	COM	37045V100
—	MEDLEY CAP CORP	367,236	$2.391M	0.5%	$8.74	—	COM	58503F106
—	GENERAL ELECTRIC CO	79,952	$2.369M	0.5%	$23.19	—	COM	369604103
GSBD	GOLDMAN SACHS BDC INC	115,000	$2.299M	0.5%	$23.52	0.0%	SHS	38147U107
XOM	EXXON MOBIL CORP	23,240	$2.179M	0.5%	$53.69	+3.3%	COM	30231G102
MSFT	MICROSOFT CORP	42,400	$2.17M	0.5%	$26.70	+133.4%	COM	594918104
TRGP	TARGA RES CORP	47,178	$2.132M	0.5%	$15.07	+134.5%	COM	87612G101
—	TC PIPELINES LP	38,000	$2.09M	0.5%	$48.29	—	UT COM LTD PRT	87233Q108
KGC	KINROSS GOLD CORP	463,352	$1.886M	0.4%	$4.62	-13.9%	COM NO PAR	496902404
HRZN	HORIZON TECHNOLOGY FIN CORP	158,628	$1.866M	0.4%	$3.60	+15.8%	COM	44045A102
AMZN	AMAZON COM INC	400	$1.801M	0.4%	—	—	Call	023135106
AGNC	AGNC INVT CORP	87,633	$1.8M	0.4%	$18.27	—	COM	00123Q104
—	JPMORGAN CHASE & CO	35,200	$1.77M	0.4%	$23.69	—	*W EXP 10/28/201	46634E114
—	MAGELLAN MIDSTREAM PRTNRS LP	24,600	$1.753M	0.4%	$54.51	—	COM UNIT RP LP	559080106
—	BUCKEYE PARTNERS L P	26,963	$1.724M	0.4%	$69.06	—	UNIT LTD PARTN	118230101
—	TCP CAP CORP	99,757	$1.557M	0.3%	$14.18	—	COM	87238Q103
—	MB FINANCIAL INC NEW	35,000	$1.541M	0.3%	$26.80	—	COM	55264U108
C	CITIGROUP INC	35,000	$1.484M	0.3%	$46.46	0.0%	COM	172967424
LLY	LILLY ELI & CO	18,000	$1.481M	0.3%	$42.21	+68.9%	COM	532457108
—	TENET HEALTHCARE CORP	75,000	$1.451M	0.3%	$17.71	—	COM NEW	88033G100
FSLR	FIRST SOLAR INC	35,000	$1.396M	0.3%	$33.98	0.0%	COM	336433107
ARCC	ARES CAP CORP	88,724	$1.387M	0.3%	$7.01	+5.7%	COM	04010L103
WFC	WELLS FARGO & CO NEW	25,000	$1.385M	0.3%	$42.18	0.0%	COM	949746101
—	TRANSATLANTIC PETROLEUM LTD	1,179,026	$1.378M	0.3%	$5.37	—	SHS NEW	G89982113
ABBV	ABBVIE INC	22,000	$1.362M	0.3%	$26.55	+76.9%	COM	00287Y109
SYNA	SYNAPTICS INC	25,073	$1.297M	0.3%	$66.96	-18.5%	COM	87157D109
—	TPG SPECIALTY LENDING INC	55,220	$1.098M	0.2%	$16.14	—	COM	87265K102
RIG	TRANSOCEAN LTD	121,138	$1.064M	0.2%	$24.77	-58.8%	REG SHS	H8817H100
HTGC	HERCULES CAPITAL INC	82,982	$1.047M	0.2%	$13.25	+4.8%	COM	427096508
ZTS	ZOETIS INC	21,174	$1.005M	0.2%	$29.32	+88.6%	COM	98978V103
MDLZ	MONDELEZ INTL INC	20,000	$910K	0.2%	$23.16	+58.4%	CL A	609207105
—	LAYNE CHRISTENSEN CO	1,000,000	$879K	0.2%	$0.70	—	NOTE 4.250%11/1	521050AB0
ABT	ABBOTT LABS	22,000	$865K	0.2%	$28.85	+34.9%	COM	002824100
CF	CF INDS HLDGS INC	30,000	$839K	0.2%	$25.79	-14.7%	COM	125269100
UAL	UNITED CONTL HLDGS INC	1,400	$795K	0.2%	—	—	Call	910047109
—	CIDARA THERAPEUTICS INC	100,000	$750K	0.2%	$7.80	—	COM	171757107
GOOG	ALPHABET INC	50	$607K	0.1%	—	—	Call	02079K107
PMT	PENNYMAC MTG INVT TR	35,500	$576K	0.1%	$15.46	—	COM	70931T103
EARN	ELLINGTON RESIDENTIAL MTG RE	36,573	$527K	0.1%	$15.62	—	COM SHS BEN INT	288578107
—	NUVEEN QUALITY MUNCP INCOME	37,385	$525K	0.1%	$15.06	—	COM	67066V101
—	FS INVT CORP	54,400	$492K	0.1%	$9.04	—	COM	302635107
—	APOLLO INVT CORP	80,800	$460K	0.1%	$6.21	—	COM	03761U106
VALE	VALE S A	53,100	$448K	0.1%	$13.15	—	ADR	91912E105
—	GGP INC	13,974	$417K	0.1%	$29.84	—	COM	36174X101
—	INVESCO QUALITY MUNI INC TRS	30,674	$391K	0.1%	$11.12	—	COM	46133G107
SUI	SUN CMNTYS INC	4,702	$360K	0.1%	$68.47	—	COM	866674104
EPR	EPR PPTYS	4,400	$355K	0.1%	$80.68	—	COM SH BEN INT	26884U109
SPY	SPDR S&P 500 ETF TR	1,000	$344K	0.1%	—	—	Call	78462F103
COP	CONOCOPHILLIPS	7,200	$317K	0.1%	$39.96	-11.2%	COM	20825C104
PAGP	PLAINS GP HLDGS L P	12,016	$314K	0.1%	$34.70	—	LTD PARTNR INT A	72651A207
—	VALE S A	37,500	$306K	0.1%	$12.16	—	ADR REPSTG PFD	91912E204
—	DOW CHEM CO	300	$283K	0.1%	—	—	Call	260543103
BXMT	BLACKSTONE MTG TR INC	10,000	$277K	0.1%	$27.85	—	COM CL A	09257W100
—	COLONY STARWOOD HOMES	8,590	$273K	0.1%	$31.78	—	COM	19625X102
RITM	NEW RESIDENTIAL INVT CORP	19,646	$272K	0.1%	$15.02	—	COM NEW	64828T201
—	MEDLEY MGMT INC	40,134	$261K	0.1%	$8.30	—	CL A COM	58503T106
—	INVESCO MORTGAGE CAPITAL INC	16,855	$231K	0.1%	$13.71	—	COM	46131B100
MDLZ	MONDELEZ INTL INC	500	$112K	0.0%	$23.16	+58.4%	Call	609207105
—	OCWEN FINL CORP	40,000	$108K	0.0%	$5.47	—	COM	675746309
—	FIFTH STR ASSET MGMT INC	17,793	$86,000	0.0%	$4.83	—	CL A COM	31679P109
—	GENERAL ELECTRIC CO	2,000	$69,000	0.0%	$23.19	—	Call	369604103
COP	CONOCOPHILLIPS	250	$45,000	0.0%	$39.96	-11.2%	Call	20825C104
BKD	BROOKDALE SR LIVING INC	69	$2,000	0.0%	$24.41	-43.4%	Call	112463104