The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
DEUTSCHE BANK A G NAMEN AKT D18190898   697 66,168 SH   DFND 1 66,168 0 0
DEUTSCHE BANK A G NAMEN AKT D18190898   649 61,631 SH   DFND   61,631 0 0
INVESCO LTD SHS G491BT108   4,118 245,000 SH   DFND 1 245,000 0 0
SIGNET JEWELERS LIMITED SHS G81276100   14,357 220,000 SH   DFND 1 220,000 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128   1,077 125,000 SH   DFND 1 125,000 0 0
AST SPACEMOBILE INC COM CL A 00217D100   1,282 272,727 SH   DFND 1 272,727 0 0
ACUTUS MED INC COM 005111109   266 299,995 SH   DFND 1 299,995 0 0
ALLIANCE RESOURCE PARTNERS L UT LTD PART 01877R108   296 16,000 SH   DFND 1 16,000 0 0
ALTENERGY ACQUISITION CORP COM CL A 02157M108   5,170 500,000 SH   DFND 1 500,000 0 0
KINETIK HOLDINGS INC COM NEW CL A 02215L209   351 10,000 SH   DFND 1 10,000 0 0
AMERICAN EAGLE OUTFITTERS IN COM 02553E106   3,186 270,000 SH   DFND 1 270,000 0 0
AMERICAN WOODMARK CORPORATIO COM 030506109   8,165 106,917 SH   DFND 1 106,917 0 0
ALBERTSONS COS INC COMMON STOCK 013091103   17,168 786,786 SH   DFND 1 786,786 0 0
ANTERO MIDSTREAM CORP COM 03676B102   244 21,000 SH   DFND 1 21,000 0 0
APOLLO COML REAL EST FIN INC COM 03762U105   958 84,600 SH   DFND 1 84,600 0 0
APOLLO COML REAL EST FIN INC COM 03762U105   233 20,554 SH   DFND   20,554 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203   3,645 133,333 SH   DFND 1 133,333 0 0
ARLINGTON ASSET INVST CORP CL A NEW 041356205   2,956 638,342 SH   DFND 1 638,342 0 0
ARLINGTON ASSET INVST CORP CL A NEW 041356205   2,225 480,506 SH   DFND   480,506 0 0
AUGMEDIX INC COM 05105P107   2,405 500,000 SH   DFND 1 500,000 0 0
BM TECHNOLOGIES INC CL A COM 05591L107   153 51,262 SH   DFND 1 51,262 0 0
BARCLAYS PLC ADR 06738E204   1,580 201,000 SH   DFND 1 201,000 0 0
BARCLAYS PLC ADR 06738E204   1,360 173,000 SH   DFND   173,000 0 0
BIOLIFE SOLUTIONS INC COM NEW 09062W204   582 26,316 SH   DFND 1 26,316 0 0
BLUE WTR BIOTECH INC COM 09610B108   1,628 1,440,927 SH   DFND 1 1,440,927 0 0
BRIGHTHOUSE FINL INC COM 10922N103   491 10,363 SH   DFND 1 10,363 0 0
BRIGHTHOUSE FINL INC COM 10922N103   47 999 SH   DFND   999 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108   1,918 30,000 SH   DFND 1 30,000 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108   1,918 30,000 SH   DFND   30,000 0 0
CAPITOL FED FINL INC COM 14057J101   222 36,000 SH   DFND 1 36,000 0 0
CITIGROUP INC COM NEW 172967424   14,180 308,000 SH   DFND 1 308,000 0 0
CITIGROUP INC COM NEW 172967424   322 7,000 SH   DFND   7,000 0 0
CLIPPER RLTY INC COM 18885T306   2,109 372,044 SH   DFND 1 372,044 0 0
COGNITION THERAPEUTICS INC COM 19243B102   375 205,000 SH   DFND 1 205,000 0 0
COMCAST CORP NEW CL A 20030N101   8,601 207,000 SH   DFND 1 207,000 0 0
CONOCOPHILLIPS COM 20825C104   725 7,000 SH   DFND   7,000 0 0
CONSOLIDATED COMM HLDGS INC COM 209034107   2,271 592,877 SH   DFND   592,877 0 0
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 226344208   450 17,000 SH   DFND 1 17,000 0 0
CROSSAMERICA PARTNERS LP UT LTD PTN INT 22758A105   227 11,500 SH   DFND 1 11,500 0 0
CURIOSITYSTREAM INC COM CL A 23130Q107   26 27,932 SH   DFND 1 27,932 0 0
DT MIDSTREAM INC COMMON STOCK 23345M107   347 7,000 SH   DFND 1 7,000 0 0
DIGITALBRIDGE GROUP INC CL A NEW 25401T603   877 59,628 SH   DFND 1 59,628 0 0
DIGITALBRIDGE GROUP INC CL A NEW 25401T603   63 4,308 SH   DFND   4,308 0 0
DISH NETWORK CORPORATION CL A 25470M109   198 30,000 SH   DFND 1 30,000 0 0
ELLINGTON FINANCIAL INC COM 28852N109   954 69,166 SH   DFND 1 69,166 0 0
ELLINGTON FINANCIAL INC COM 28852N109   426 30,834 SH   DFND   30,834 0 0
ELOXX PHARMACEUTICALS INC COM NEW 29014R202   144 37,000 SH   DFND 1 37,000 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100   4,274 336,520 SH   DFND 1 336,520 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100   983 77,376 SH   DFND   77,376 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107   6,601 250,500 SH   DFND 1 250,500 0 0
EOS ENERGY ENTERPRISES INC COM CL A 29415C101   2,605 600,310 SH   DFND 1 600,310 0 0
EQUITRANS MIDSTREAM CORP COM 294600101   249 26,000 SH   DFND 1 26,000 0 0
FRANCHISE GROUP INC COM 35180X105   19,650 686,115 SH   DFND 1 686,115 0 0
FRANKLIN RESOURCES INC COM 354613101   1,697 63,550 SH   DFND 1 63,550 0 0
FRANKLIN RESOURCES INC COM 354613101   1,485 55,600 SH   DFND   55,600 0 0
FULL HSE RESORTS INC COM 359678109   237 35,331 SH   DFND 1 35,331 0 0
GENERAL MTRS CO COM 37045V100   5,241 135,920 SH   DFND 1 135,920 0 0
GENERAL MTRS CO COM 37045V100   2,085 54,080 SH   DFND   54,080 0 0
GRANITE PT MTG TR INC COM STK 38741L107   208 39,231 SH   DFND 1 39,231 0 0
GRANITE PT MTG TR INC COM STK 38741L107   221 41,790 SH   DFND   41,790 0 0
GRAY TELEVISION INC COM 389375106   4,482 568,797 SH   DFND 1 568,797 0 0
GRAY TELEVISION INC COM 389375106   1,351 171,500 SH   DFND   171,500 0 0
HESS MIDSTREAM LP CL A SHS 428103105   614 20,000 SH   DFND 1 20,000 0 0
IHEARTMEDIA INC COM CL A 45174J509   1,773 487,091 SH   DFND 1 487,091 0 0
JOURNEY MED CORP COM 48115J109   286 180,000 SH   DFND 1 180,000 0 0
KAYNE ANDERSON ENERGY INFRST COM 486606106   4,006 492,098 SH   DFND 1 492,098 0 0
KELLOGG CO COM 487836108   2,618 38,850 SH   DFND 1 38,850 0 0
KEROS THERAPEUTICS INC COM 492327101   406 10,105 SH   DFND 1 10,105 0 0
KOHLS CORP COM 500255104   7,607 330,000 SH   DFND 1 330,000 0 0
KRAFT HEINZ CO COM 500754106   3,905 110,000 SH   DFND 1 110,000 0 0
LCNB CORP COM 50181P100   1,357 91,920 SH   DFND 1 91,920 0 0
LCNB CORP COM 50181P100   25 1,662 SH   DFND   1,662 0 0
LIFEMD INC COM 53216B104   1,479 340,000 SH   DFND 1 340,000 0 0
MFA FINL INC NOTE 6.250% 6/1 55272XAA0   8,847 8,969,000 PRN   DFND 1 8,969,000 0 0
MFA FINL INC NOTE 6.250% 6/1 55272XAA0   3,946 4,000,000 PRN   DFND   4,000,000 0 0
MPLX LP COM UNIT REP LTD 55336V100   781 23,000 SH   DFND 1 23,000 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106   997 16,000 SH   DFND 1 16,000 0 0
MOLSON COORS BEVERAGE CO CL B 60871R209   1,646 25,000 SH   DFND 1 25,000 0 0
MONEYLION INC CL A 60938K304   444 36,983 SH   DFND 1 36,983 0 0
NEXSTAR MEDIA GROUP INC COMMON STOCK 65336K103   35,789 214,882 SH   DFND 1 214,882 0 0
NEXSTAR MEDIA GROUP INC COMMON STOCK 65336K103   2,099 12,600 SH   DFND   12,600 0 0
NEXTNAV INC COMMON STOCK 65345N106   1,470 500,000 SH   DFND 1 500,000 0 0
NUSTAR ENERGY LP UNIT COM 67058H102   171 10,000 SH   DFND 1 10,000 0 0
OMEROS CORP COM 682143102   349 64,113 SH   DFND 1 64,113 0 0
ONEOK INC NEW COM 682680103   895 14,500 SH   DFND 1 14,500 0 0
PENNYMAC CORP NOTE 5.500%11/0 70932AAD5   6,590 7,000,000 PRN   DFND 1 7,000,000 0 0
PHENIXFIN CORP COM 71742W103   2,052 54,003 SH   DFND 1 54,003 0 0
PHENIXFIN CORP COM 71742W103   392 10,324 SH   DFND   10,324 0 0
PHILLIPS 66 COM 718546104   596 6,250 SH   DFND 1 6,250 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105   5,816 412,500 SH   DFND 1 412,500 0 0
POTBELLY CORP COM 73754Y100   263 30,000 SH   DFND 1 30,000 0 0
POTBELLY CORP COM 73754Y100   615 70,000 SH   DFND   70,000 0 0
PRECIGEN INC COM 74017N105   76 66,114 SH   DFND 1 66,114 0 0
READY CAPITAL CORP COM 75574U101   2,798 248,085 SH   DFND 1 248,085 0 0
READY CAPITAL CORP COM 75574U101   1,557 138,035 SH   DFND   138,035 0 0
SHELL PLC SPON ADS 780259305   876 14,500 SH   DFND   14,500 0 0
SELECT WATER SOLUTIONS INC CL A COM 81617J301   2,235 275,899 SH   DFND 1 275,899 0 0
SINCLAIR INC CL A 829242106   8,075 584,319 SH   DFND 1 584,319 0 0
SUNOCO LP/SUNOCO FIN CORP COM UT REP LP 86765K109   675 15,500 SH   DFND 1 15,500 0 0
TALOS ENERGY INC COM 87484T108   20,634 1,487,637 SH   DFND 1 1,487,637 0 0
TEGNA INC COM 87901J105   1,137 70,000 SH   DFND 1 70,000 0 0
TEGNA INC COM 87901J105   487 30,000 SH   DFND   30,000 0 0
TELOS CORP MD COM 87969B101   544 212,500 SH   DFND 1 212,500 0 0
TORTOISE ENERGY INFRA CORP COM 89147L886   3,247 111,774 SH   DFND 1 111,774 0 0
TORTOISE ENERGY INFRA CORP COM 89147L886   335 11,529 SH   DFND   11,529 0 0
TWO HARBORS INVENTMENT CORPO NOTE 6.250% 1/1 90187BAB7   3,526 4,000,000 PRN   DFND 1 4,000,000 0 0
TWO HARBORS INVENTMENT CORPO NOTE 6.250% 1/1 90187BAB7   1,763 2,000,000 PRN   DFND   2,000,000 0 0
TWO HBRS INVT CORP COM 90187B804   1,359 97,886 SH   DFND 1 97,886 0 0
TWO HBRS INVT CORP COM 90187B804   610 43,956 SH   DFND   43,956 0 0
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR 90290N109   415 21,000 SH   DFND 1 21,000 0 0
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR 90290N109   220 11,150 SH   DFND   11,150 0 0
VIATRIS INC COM 92556V106   499 50,000 SH   DFND 1 50,000 0 0
VIATRIS INC COM 92556V106   499 50,000 SH   DFND   50,000 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104   7,921 631,665 SH   DFND 1 631,665 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104   376 30,000 SH   DFND   30,000 0 0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT 958669103   557 21,000 SH   DFND 1 21,000 0 0
XPERI INC COMMON STOCK 98423J101   2,381 181,071 SH   DFND 1 181,071 0 0