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
Abbott Common 002824100 21,411 254,600 SH   SOLE   254,600 0 0
Abbvie Common 00287Y109 18,529 254,800 SH   SOLE   254,800 0 0
Allstate Common 020002101 31,503 309,800 SH   SOLE   309,800 0 0
Amerco Common 023586100 56,625 149,585 SH   SOLE   149,585 0 0
Apple Common 037833100 17,337 87,600 SH   SOLE   87,600 0 0
Ashland Common 044209104 1,999 25,000 SH   SOLE   25,000 0 0
Valvoline Common 92047W101 1,340 68,633 SH   SOLE   68,633 0 0
Avista Common 05379B107 9,299 208,500 SH   SOLE   208,500 0 0
Allergan Common G0177J108 13,545 80,900 SH   SOLE   80,900 0 0
CMS Energy Common 125896100 28,538 492,800 SH   SOLE   492,800 0 0
Compass Minerals Common 20451N101 7,693 140,000 SH   SOLE   140,000 0 0
Bunge Common G16962105 835 15,000 SH   SOLE   15,000 0 0
Bunge Pfd 4.875% G16962204 2,712 27,400 SH   SOLE   27,400 0 0
Duke Energy Common 26441C204 28,501 323,000 SH   SOLE   323,000 0 0
EDAP Common 268311107 2,228 825,536 SH   SOLE   825,536 0 0
Inotek Cv 5.75% 45780VAB8 2,000 2,000,000 PRN   SOLE   2,000,000 0 0
Exxon Common 30231G102 397 5,184 SH   SOLE   5,184 0 0
Flotek Common 343389102 2,438 736,671 SH   SOLE   736,671 0 0
Nextera Energy Common 302571104 40,316 196,800 SH   SOLE   196,800 0 0
Novavax Cv 3.75% 670002AB0 1,200 3,000,000 PRN   SOLE   3,000,000 0 0
GE Common 369604103 4,462 425,000 SH   SOLE   425,000 0 0
GM Common 37045V100 11,559 300,000 SH   SOLE   300,000 0 0
Newmont Common 651639106 2,500 65,000 SH   SOLE   65,000 0 0
IBM Common 459200101 16,003 116,050 SH   SOLE   116,050 0 0
Insteel Common 45774W108 3,955 190,000 SH   SOLE   190,000 0 0
WEC Energy Common 976657106 1,927 23,124 SH   SOLE   23,124 0 0
Kellogg Common 487836108 237 4,436 SH   SOLE   4,436 0 0
Mannkind Cv 5.75% 56400PAM4 13,643 18,690,000 PRN   SOLE   18,690,000 0 0
Merck Common 589331107 27,075 322,900 SH   SOLE   322,900 0 0
Paratek Cv 4.75% 699374AA2 10,404 15,300,000 PRN   SOLE   15,300,000 0 0
Paratek Common 699374302 1,063 266,552 SH   SOLE   266,552 0 0
Pfizer Common 717081103 22,042 508,832 SH   SOLE   508,832 0 0
RLI Common 749607107 1,954 22,800 SH   SOLE   22,800 0 0
Solitario Common 8342EP107 81 254,040 SH   SOLE   254,040 0 0
Supernus Common 868459108 4,899 148,058 SH   SOLE   148,058 0 0
Team Cv 5% 878155AD2 2,160 2,000,000 PRN   SOLE   2,000,000 0 0
Bausch Health Common 91911K102 22,597 896,000 SH   SOLE   896,000 0 0
XM Sirius Common 82968B103 7,576 1,357,843 SH   SOLE   1,357,843 0 0
XEL Energy Common 98389B100 25,943 436,100 SH   SOLE   436,100 0 0
XTNT Common 98420P100 548 182,972 SH   SOLE   182,972 0 0