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
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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
ADOBE SYSTEMS INCORPORATED COM 00724F101   400,000 196 SH   SOLE   196 0 0
AES CORP UNIT 02/15/2024 00130H204   2,541,239 31,135 SH   OTR 1 0 31,135 0
AGNC INVT CORP COM 00123Q104   964,568 95,219 SH   SOLE   95,219 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109   3,402,864 10,196 SH   SOLE   10,196 0 0
ALGONQUIN PWR UTILS CORP UNIT 06/15/2024 015857873   959,163 32,514 SH   SOLE   32,514 0 0
ALGONQUIN PWR UTILS CORP UNIT 06/15/2024 015857873   5,092,526 172,628 SH   OTR 1 0 172,628 0
ALLIANCEBERNSTEIN HLDG L P UNIT LTD PARTN 01881G106   1,143,288 35,550 SH   SOLE   35,550 0 0
ALLY FINL INC COM 02005N100   516,944 19,139 SH   SOLE   19,139 0 0
ALTRIA GROUP INC COM 02209S103   967,608 21,360 SH   SOLE   21,360 0 0
AMAZON COM INC COM 023135106   3,201,000 417 SH   SOLE   417 0 0
AMERICAN TOWER CORP NEW COM 03027X100   206,546 1,065 SH   SOLE   1,065 0 0
ANNALY CAPITAL MANAGEMENT IN COM NEW 035710839   1,039,820 51,965 SH   SOLE   51,965 0 0
APPLE INC COM 037833100   2,000,000 388 SH   SOLE   388 0 0
AT&T INC COM 00206R102   853,357 53,502 SH   SOLE   53,502 0 0
BLACKSTONE INC COM 09260D107   437,517 4,706 SH   SOLE   4,706 0 0
BOSTON PROPERTIES INC COM 101121101   4,095,328 17,462 SH   SOLE   17,462 0 0
BRAEMAR HOTELS & RESORTS INC 5.5 CUM CV PFD B 10482B200   5,469,450 390,675 SH   OTR 1 0 390,675 0
BRIGHTSPIRE CAPITAL INC COM CL A 10949T109   16,888,000 114 SH   SOLE   114 0 0
BROADCOM INC COM 11135F101   778,085 897 SH   SOLE   897 0 0
CHENIERE ENERGY INC COM NEW 16411R208   10,175,667 66,787 SH   OTR 1 0 66,787 0
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101   20,822,844 451,297 SH   OTR 1 0 451,297 0
CHEVRON CORP NEW COM 166764100   263,089 1,672 SH   SOLE   1,672 0 0
CITIGROUP INC COM NEW 172967424   568,410 12,346 SH   SOLE   12,346 0 0
CITIZENS FINL GROUP INC COM 174610105   577,281 22,135 SH   SOLE   22,135 0 0
COCA COLA CO COM 191216100   292,308 4,854 SH   SOLE   4,854 0 0
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 226344208   24,620,124 929,763 SH   OTR 1 0 929,763 0
CROWN CASTLE INC COM 22822V101   660,282 5,795 SH   SOLE   5,795 0 0
DELEK LOGISTICS PARTNERS LP COM UNT RP INT 24664T103   2,748,236 50,334 SH   OTR 1 0 50,334 0
DIGITAL RLTY TR INC COM 253868103   1,053,298 9,250 SH   SOLE   9,250 0 0
DOMINION ENERGY INC COM 25746U109   427,889 8,262 SH   SOLE   8,262 0 0
DOW INC COM 260557103   1,354,189 25,426 SH   SOLE   25,426 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204   735,689 8,198 SH   SOLE   8,198 0 0
EDISON INTL COM 281020107   774,940 11,278 SH   SOLE   11,278 0 0
ENBRIDGE INC COM 29250N105   103,909 2,797 SH   OTR 1 0 2,797 0
ENBRIDGE INC COM 29250N105   1,438,485 38,721 SH   SOLE   38,721 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100   48,551,021 3,822,915 SH   OTR 1 0 3,822,915 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100   678,942 53,460 SH   SOLE   53,460 0 0
ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336T100   26,135,487 2,465,612 SH   OTR 1 0 2,465,612 0
ENTERPRISE PRODS PARTNERS L COM 293792107   48,075,074 1,824,481 SH   OTR 1 0 1,824,481 0
EOG RES INC COM 26875P101   235,518 2,058 SH   SOLE   2,058 0 0
EPR PPTYS PFD C CV 5.75% 26884U208   1,789,407 84,806 SH   OTR 1 0 84,806 0
EPR PPTYS CONV PFD 9% SR E 26884U307   243,556 8,588 SH   SOLE   8,588 0 0
EPR PPTYS COM SH BEN INT 26884U109   6,944,237 20,457 SH   SOLE   20,457 0 0
EPR PPTYS CONV PFD 9% SR E 26884U307   11,491,444 405,199 SH   OTR 1 0 405,199 0
EQUITY RESIDENTIAL SH BEN INT 29476L107   343,308 5,204 SH   SOLE   5,204 0 0
ETFIS SER TR I VIRTUS INFRCAP 26923G822   2,781,005 141,599 SH   SOLE   141,599 0 0
ETFIS SER TR I INFRAC ACT MLP 26923G772   1,296,623 39,102 SH   SOLE   39,102 0 0
FEDERAL RLTY INVT TR NEW SH BEN INT NEW 313745101   892,316 9,221 SH   SOLE   9,221 0 0
FIFTH THIRD BANCORP COM 316773100   223,440 8,525 SH   SOLE   8,525 0 0
GENESIS ENERGY L P UNIT LTD PARTN 371927104   7,031,398 736,272 SH   OTR 1 0 736,272 0
GLOBAL NET LEASE INC COM NEW 379378201   639,879 62,245 SH   SOLE   62,245 0 0
HEALTHCARE RLTY TR CL A COM 42226K105   643,692 34,130 SH   SOLE   34,130 0 0
HESS MIDSTREAM LP CL A SHS 428103105   11,233,912 366,164 SH   OTR 1 0 366,164 0
HOLLY ENERGY PARTNERS L P COM UT LTD PTN 435763107   5,690,878 307,615 SH   OTR 1 0 307,615 0
HUNTINGTON BANCSHARES INC COM 446150104   213,272 19,784 SH   SOLE   19,784 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101   686,981 5,134 SH   SOLE   5,134 0 0
INTERNATIONAL PAPER CO COM 460146103   541,152 17,012 SH   SOLE   17,012 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   7,757,820 21,000 SH Call SOLE   21,000 0 0
ISHARES TR U.S. REAL ES ETF 464287739   1,384,640 16,000 SH Call SOLE   16,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655   2,809,050 15,000 SH Call SOLE   15,000 0 0
JOHNSON & JOHNSON COM 478160104   2,317,114 6,648 SH   SOLE   6,648 0 0
KEYCORP COM 493267108   351,831 38,077 SH   SOLE   38,077 0 0
KILROY RLTY CORP COM 49427F108   8,692,940 33,231 SH   SOLE   33,231 0 0
KINDER MORGAN INC DEL COM 49456B101   1,204,005 69,919 SH   SOLE   69,919 0 0
KINDER MORGAN INC DEL COM 49456B101   90,560 5,259 SH   OTR 1 0 5,259 0
KRAFT HEINZ CO COM 500754106   957,364 26,968 SH   SOLE   26,968 0 0
LXP INDUSTRIAL TRUST PFD CONV SER C 529043309   862,123 17,371 SH   OTR 1 0 17,371 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106   29,086,988 466,736 SH   OTR 1 0 466,736 0
MICROSOFT CORP COM 594918104   601,000 205 SH   SOLE   205 0 0
MORGAN STANLEY COM NEW 617446448   539,045 6,312 SH   SOLE   6,312 0 0
MPLX LP COM UNIT REP LTD 55336V100   40,480,442 1,192,706 SH   OTR 1 0 1,192,706 0
NEW FORTRESS ENERGY INC COM CL A 644393100   3,143,035 117,365 SH   OTR 1 0 117,365 0
NEW FORTRESS ENERGY INC COM CL A 644393100   7,930,828 34,908 SH   SOLE   34,908 0 0
NEW YORK CMNTY CAP TR V UNIT 05/07/2051 64944P307   691,412 17,093 SH   SOLE   17,093 0 0
NEW YORK CMNTY CAP TR V UNIT 05/07/2051 64944P307   210,421 5,202 SH   OTR 1 0 5,202 0
NEXTERA ENERGY INC UNIT 09/01/2025 65339F713   1,579,760 34,881 SH   OTR 1 0 34,881 0
NEXTERA ENERGY INC UNIT 09/01/2025 65339F713   436,641 9,641 SH   SOLE   9,641 0 0
NISOURCE INC UNIT 12/01/2023 65473P121   998,778 9,816 SH   OTR 1 0 9,816 0
NNN REIT INC COM 637417106   829,441 19,384 SH   SOLE   19,384 0 0
NORTHWEST NAT HLDG CO COM 66765N105   435,881 10,125 SH   SOLE   10,125 0 0
NRG ENERGY INC COM NEW 629377508   10,506,630 40,632 SH   SOLE   40,632 0 0
NUSTAR ENERGY LP UNIT COM 67058H102   35,108,188 2,048,319 SH   OTR 1 0 2,048,319 0
NVIDIA CORPORATION COM 67066G104   1,551,000 656 SH   SOLE   656 0 0
NVIDIA CORPORATION COM 67066G104   1,269,060 3,000 SH Call SOLE   3,000 0 0
PFIZER INC COM 717081103   210,947 5,751 SH   SOLE   5,751 0 0
PHILIP MORRIS INTL INC COM 718172109   1,279,115 13,103 SH   SOLE   13,103 0 0
PHILLIPS 66 COM 718546104   289,192 3,032 SH   OTR 1 0 3,032 0
PHILLIPS 66 COM 718546104   364,447 3,821 SH   SOLE   3,821 0 0
PIONEER NAT RES CO COM 723787107   1,340,247 6,469 SH   SOLE   6,469 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105   57,971,981 4,111,488 SH   OTR 1 0 4,111,488 0
PNC FINL SVCS GROUP INC COM 693475105   791,470 6,284 SH   SOLE   6,284 0 0
PRUDENTIAL FINL INC COM 744320102   3,507,533 17,254 SH   SOLE   17,254 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101   2,857,346 8,948 SH   SOLE   8,948 0 0
REALTY INCOME CORP COM 756109104   518,379 8,670 SH   SOLE   8,670 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100   240,784 13,512 SH   SOLE   13,512 0 0
RITHM CAPITAL CORP COM NEW 64828T201   20,001,000 187 SH   SOLE   187 0 0
RLJ LODGING TR CUM CONV PFD A 74965L200   20,290,043 842,260 SH   OTR 1 0 842,260 0
RLJ LODGING TR CUM CONV PFD A 74965L200   1,038,134 43,094 SH   SOLE   43,094 0 0
RPT REALTY 7.25 PFD D CONV 74971D200   10,076,703 205,647 SH   OTR 1 0 205,647 0
RPT REALTY 7.25 PFD D CONV 74971D200   539,882 11,018 SH   SOLE   11,018 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506   1,379,890 17,000 SH Call SOLE   17,000 0 0
SERIES PORTFOLIOS TR INFRACAP EQUITY 81752T619   344,820 14,667 SH   SOLE   14,667 0 0
SIMON PPTY GROUP INC NEW COM 828806109   1,390,033 12,037 SH   SOLE   12,037 0 0
SOUTHERN CO COM 842587107   747,109 10,635 SH   SOLE   10,635 0 0
SPDR DOW JONES INDL AVERAGE UT SER 1 78467X109   8,596,250 25,000 SH Call SOLE   25,000 0 0
SPDR GOLD TR GOLD SHS 78463V107   1,000,000 178 SH   SOLE   178 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   345,758,400 780,000 SH Call SOLE   780,000 0 0
SPIRIT RLTY CAP INC NEW COM NEW 84860W300   258,412 6,562 SH   SOLE   6,562 0 0
STARWOOD PPTY TR INC COM 85571B105   621,848 32,054 SH   SOLE   32,054 0 0
TARGA RES CORP COM 87612G101   2,216,184 29,122 SH   OTR 1 0 29,122 0
TC ENERGY CORP COM 87807B107   87,164 2,157 SH   OTR 1 0 2,157 0
TC ENERGY CORP COM 87807B107   255,391 6,320 SH   SOLE   6,320 0 0
THE NECESSITY RETAIL REIT IN COM CLASS A 02607T109   38,500,000 260 SH   SOLE   260 0 0
TRUIST FINL CORP COM 89832Q109   7,452,096 48,027 SH   SOLE   48,027 0 0
UGI CORP NEW UNIT 06/01/2024 902681113   8,056,480 121,296 SH   OTR 1 0 121,296 0
UGI CORP NEW UNIT 06/01/2024 902681113   570,349 8,587 SH   SOLE   8,587 0 0
US BANCORP DEL COM NEW 902973304   7,123,567 34,174 SH   SOLE   34,174 0 0
VERIZON COMMUNICATIONS INC COM 92343V104   967,052 26,003 SH   SOLE   26,003 0 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308   861,963 91,213 SH   SOLE   91,213 0 0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT 958669103   38,185,326 1,439,869 SH   OTR 1 0 1,439,869 0
WILLIAMS COS INC COM 969457100   7,105,900 217,772 SH   OTR 1 0 217,772 0
WILLIAMS COS INC COM 969457100   296,639 9,091 SH   SOLE   9,091 0 0