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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
CHESAPEAKE ENERGY CORP NOTE 5.500% 9/1 165167CY1 10,636 10,800,000 PRN   SOLE   0 0 0
DHT HOLDINGS INC DEBT 4.500%10/0 23335SAB2 626 600,000 PRN   SOLE   0 0 0
OI S A SPONSORED ADR NE 670851500 562 205,958 SH   SOLE   205,958 0 0
ALLY FINL INC COM 02005N100 62,710 2,370,900 SH   SOLE   2,370,900 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 4,231 102,374 SH   SOLE   102,374 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 6,179 116,063 SH   SOLE   116,063 0 0
APTIV PLC SHS G6095L109 2,221 26,468 SH   SOLE   26,468 0 0
ATLANTICA YIELD PLC SHS G0751N103 24,311 1,181,293 SH   SOLE   1,181,293 0 0
BASIC ENERGY SVCS INC NEW COM NEW 06985P209 3,900 390,379 SH   SOLE   390,379 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 27,292 1,312,107 SH   SOLE   1,312,107 0 0
CF INDS HLDGS INC COM 125269100 109,336 2,008,378 SH   SOLE   2,008,378 0 0
CURO GROUP HLDGS CORP COM 23131L107 22,972 759,912 SH   SOLE   759,912 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 5,708 98,701 SH   SOLE   98,701 0 0
FIVE POINT HOLDINGS LLC COM CL A 33833Q106 19,243 2,044,964 SH   SOLE   2,044,964 0 0
FTS INTERNATIONAL INC COM 30283W104 3,537 300,000 SH   SOLE   300,000 0 0
INTERNATIONAL SEAWAYS INC COM Y41053102 3 158 SH   SOLE   158 0 0
ISTAR FINL INC COM 45031U101 5,350 478,933 SH   SOLE   478,933 0 0
JONES ENERGY INC CL A NEW 48019R306 180 29,987 SH   SOLE   29,987 0 0
MIDSTATES PETE CO INC COM PAR 59804T407 2,230 250,249 SH   SOLE   250,249 0 0
PG&E CORP COM 69331C108 12,427 270,084 SH   SOLE   270,084 0 0
PEABODY ENERGY CORP NEW COM 704551100 3,608 101,248 SH   SOLE   101,248 0 0
SOUTHWEST AIRLS CO COM 844741108 3,777 60,478 SH   SOLE   60,478 0 0
STEALTHGAS INC SHS Y81669106 14,127 3,968,146 SH   SOLE   3,968,146 0 0
UNITED CONTL HLDGS INC COM 910047109 1,430 16,052 SH   SOLE   16,052 0 0
VEREIT INC COM 92339V100 58,071 7,998,759 SH   SOLE   7,998,759 0 0
WHITING PETE CORP NEW COM NEW 966387409 342 6,456 SH   SOLE   6,456 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 807 52,250 SH   SOLE   52,250 0 0
CVR PARTNERS LP COM 126633106 6,270 1,645,606 SH   SOLE   1,645,606 0 0