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
DEUTSCHE BANK A G NAMEN AKT D18190898 827 66,168 SH   DFND 1 66,168 0 0
DEUTSCHE BANK A G NAMEN AKT D18190898 770 61,631 SH   DFND   61,631 0 0
ENDO INTL PLC SHS G30401106 736 195,690 SH   DFND 1 195,690 0 0
ENDO INTL PLC SHS G30401106 118 31,500 SH   DFND   31,500 0 0
INVESCO LTD SHS G491BT108 5,640 245,000 SH   DFND 1 245,000 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128 1,425 125,000 SH   DFND 1 125,000 0 0
CHUBB LIMITED COM H1467J104 20,439 105,734 SH   SOLE   105,734 0 0
ACUTUS MED INC COM 005111109 1,023 299,995 SH   DFND 1 299,995 0 0
AMERICAN WOODMARK CORPORATIO COM 030506109 6,971 106,917 SH   DFND 1 106,917 0 0
ANTERO MIDSTREAM CORP COM 03676B102 194 20,000 SH   DFND 1 20,000 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 1,113 84,600 SH   DFND 1 84,600 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 270 20,554 SH   DFND   20,554 0 0
ARBOR REALTY TRUST INC NOTE 4.750%11/0 038923AP3 5,499 5,000,000 PRN   DFND 1 5,000,000 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 4,244 133,333 SH   DFND 1 133,333 0 0
ARLINGTON ASSET INVST CORP CL A NEW 041356205 2,234 638,342 SH   DFND 1 638,342 0 0
ARLINGTON ASSET INVST CORP CL A NEW 041356205 1,682 480,506 SH   DFND   480,506 0 0
AUDACY INC CL A 05070N103 606 235,834 SH   DFND 1 235,834 0 0
AUGMEDIX INC COM 05105P107 1,575 500,000 SH   DFND 1 500,000 0 0
BM TECHNOLOGIES INC CL A COM 05591L107 472 51,262 SH   DFND 1 51,262 0 0
BARCLAYS PLC ADR 06738E204 2,080 201,000 SH   DFND 1 201,000 0 0
BARCLAYS PLC ADR 06738E204 1,791 173,000 SH   DFND   173,000 0 0
BERKLEY W R CORP COM 084423102 14,459 175,500 SH   SOLE   175,500 0 0
BIOLIFE SOLUTIONS INC COM NEW 09062W204 981 26,316 SH   DFND 1 26,316 0 0
BLACKSTONE MORTGAGE TRUST IN NOTE 4.750% 3/1 09257WAC4 1,540 1,500,000 PRN   DFND 1 1,500,000 0 0
BLACKSTONE MORTGAGE TRUST IN NOTE 4.750% 3/1 09257WAC4 513 500,000 PRN   DFND   500,000 0 0
BRIGHTHOUSE FINL INC COM 10922N103 537 10,363 SH   DFND 1 10,363 0 0
BRIGHTHOUSE FINL INC COM 10922N103 52 999 SH   DFND   999 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 1,871 30,000 SH   DFND 1 30,000 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 1,871 30,000 SH   DFND   30,000 0 0
CAPITOL FED FINL INC COM 14057J101 408 36,000 SH   DFND 1 36,000 0 0
CITIGROUP INC COM NEW 172967424 18,600 308,000 SH   DFND 1 308,000 0 0
CITIGROUP INC COM NEW 172967424 423 7,000 SH   DFND   7,000 0 0
CLIPPER RLTY INC COM 18885T306 3,698 372,044 SH   DFND 1 372,044 0 0
COGNITION THERAPEUTICS INC COM 19243B102 1,296 205,000 SH   DFND 1 205,000 0 0
COMCAST CORP NEW CL A 20030N101 10,418 207,000 SH   DFND 1 207,000 0 0
CONOCOPHILLIPS COM 20825C104 505 7,000 SH   DFND   7,000 0 0
CONSOLIDATED COMM HLDGS INC COM 209034107 4,435 592,877 SH   DFND   592,877 0 0
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 226344208 303 11,000 SH   DFND 1 11,000 0 0
CROSSAMERICA PARTNERS LP UT LTD PTN INT 22758A105 191 10,000 SH   DFND 1 10,000 0 0
CURIOSITYSTREAM INC COM CL A 23130Q107 166 27,932 SH   DFND 1 27,932 0 0
DCP MIDSTREAM LP COM UT LTD PTN 23311P100 275 10,000 SH   DFND 1 10,000 0 0
DT MIDSTREAM INC COMMON STOCK 23345M107 240 5,000 SH   DFND 1 5,000 0 0
DIGITALBRIDGE GROUP INC CL A COM 25401T108 1,987 238,515 SH   DFND 1 238,515 0 0
DIGITALBRIDGE GROUP INC CL A COM 25401T108 144 17,233 SH   DFND   17,233 0 0
DISH NETWORK CORPORATION CL A 25470M109 973 30,000 SH   DFND 1 30,000 0 0
ELLINGTON FINANCIAL INC COM 28852N109 1,182 69,166 SH   DFND 1 69,166 0 0
ELLINGTON FINANCIAL INC COM 28852N109 527 30,834 SH   DFND   30,834 0 0
ELOXX PHARMACEUTICALS INC COM 29014R103 1,045 1,480,000 SH   DFND 1 1,480,000 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 2,638 320,520 SH   DFND 1 320,520 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 637 77,376 SH   DFND   77,376 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 5,424 247,000 SH   DFND 1 247,000 0 0
ENVIVA PARTNERS LP COM UNIT 29414J107 704 10,000 SH   DFND 1 10,000 0 0
EOS ENERGY ENTERPRISES INC COM CL A 29415C101 4,529 602,213 SH   DFND 1 602,213 0 0
EQUITRANS MIDSTREAM CORP COM 294600101 252 24,400 SH   DFND 1 24,400 0 0
FRANCHISE GROUP INC COM 35180X105 35,788 686,115 SH   DFND 1 686,115 0 0
FRANKLIN RESOURCES INC COM 354613101 2,128 63,550 SH   DFND 1 63,550 0 0
FRANKLIN RESOURCES INC COM 354613101 1,862 55,600 SH   DFND   55,600 0 0
FULL HSE RESORTS INC COM 359678109 428 35,331 SH   DFND 1 35,331 0 0
GENERAL MTRS CO COM 37045V100 7,969 135,920 SH   DFND 1 135,920 0 0
GENERAL MTRS CO COM 37045V100 3,171 54,080 SH   DFND   54,080 0 0
GRANITE PT MTG TR INC COM STK 38741L107 459 39,231 SH   DFND 1 39,231 0 0
GRANITE PT MTG TR INC COM STK 38741L107 489 41,790 SH   DFND   41,790 0 0
GRAY TELEVISION INC COM 389375106 11,467 568,797 SH   DFND 1 568,797 0 0
GRAY TELEVISION INC COM 389375106 3,457 171,500 SH   DFND   171,500 0 0
HESS MIDSTREAM LP CL A SHS 428103105 553 20,000 SH   DFND 1 20,000 0 0
JOURNEY MED CORP COM 48115J109 968 180,000 SH   DFND 1 180,000 0 0
KAYNE ANDERSON ENERGY INFRST COM 486606106 3,833 492,098 SH   DFND 1 492,098 0 0
KELLOGG CO COM 487836108 2,503 38,850 SH   DFND 1 38,850 0 0
KEROS THERAPEUTICS INC COM 492327101 591 10,105 SH   DFND 1 10,105 0 0
KOHLS CORP COM 500255104 11,360 230,000 SH   DFND 1 230,000 0 0
KRAFT HEINZ CO COM 500754106 3,949 110,000 SH   DFND 1 110,000 0 0
LCNB CORP COM 50181P100 1,795 91,920 SH   DFND 1 91,920 0 0
LCNB CORP COM 50181P100 32 1,662 SH   DFND   1,662 0 0
LIFEMD INC COM 53216B104 1,316 340,000 SH   DFND 1 340,000 0 0
MPLX LP COM UNIT REP LTD 55336V100 651 22,000 SH   DFND 1 22,000 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 697 15,000 SH   DFND 1 15,000 0 0
MOLSON COORS BEVERAGE CO CL B 60871R209 1,159 25,000 SH   DFND 1 25,000 0 0
MONEYLION INC CL A 60938K106 4,471 1,109,495 SH   DFND 1 1,109,495 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 4,274 350,000 SH   DFND 1 350,000 0 0
NEW YORK MTG TRUST NOTE 6.250% 1/1 649604AD7 3,730 3,750,000 PRN   DFND 1 3,750,000 0 0
NEW YORK MTG TRUST NOTE 6.250% 1/1 649604AD7 2,028 2,039,000 PRN   DFND   2,039,000 0 0
NEXSTAR MEDIA GROUP INC CL A 65336K103 34,708 229,882 SH   DFND 1 229,882 0 0
NEXSTAR MEDIA GROUP INC CL A 65336K103 1,902 12,600 SH   DFND   12,600 0 0
NEXTNAV INC COMMON STOCK 65345N106 4,380 500,000 SH   DFND 1 500,000 0 0
NURIX THERAPEUTICS INC COM 67080M103 215 7,442 SH   DFND 1 7,442 0 0
OMEROS CORP COM 682143102 412 64,113 SH   DFND 1 64,113 0 0
ONEOK INC NEW COM 682680103 823 14,000 SH   DFND 1 14,000 0 0
PENNYMAC CORP NOTE 5.500%11/0 70932AAD5 7,041 7,000,000 PRN   DFND 1 7,000,000 0 0
PHENIXFIN CORP COM 71742W103 2,259 54,003 SH   DFND 1 54,003 0 0
PHENIXFIN CORP COM 71742W103 432 10,324 SH   DFND   10,324 0 0
PHILLIPS 66 PARTNERS LP COM UNIT REP INT 718549207 451 12,500 SH   DFND 1 12,500 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 3,853 412,500 SH   DFND 1 412,500 0 0
POTBELLY CORP COM 73754Y100 167 30,000 SH   DFND 1 30,000 0 0
POTBELLY CORP COM 73754Y100 391 70,000 SH   DFND   70,000 0 0
READY CAPITAL CORP COM 75574U101 3,878 248,085 SH   DFND 1 248,085 0 0
READY CAPITAL CORP COM 75574U101 2,157 138,035 SH   DFND   138,035 0 0
RELAY THERAPEUTICS INC COM 75943R102 230 7,484 SH   DFND 1 7,484 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 347 8,000 SH   DFND   8,000 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 282 6,500 SH   DFND   6,500 0 0
SELECT ENERGY SVCS INC CL A COM 81617J301 3,276 525,899 SH   DFND 1 525,899 0 0
SHELL MIDSTREAM PARTNERS L P UNIT LTD INT 822634101 156 13,500 SH   DFND 1 13,500 0 0
SUNOCO LP/SUNOCO FIN CORP COM UT REP LP 86765K109 612 15,000 SH   DFND 1 15,000 0 0
SIXTH STREET SPECIALTY LENDN NOTE 4.500% 8/0 87265KAD4 6,297 5,000,000 PRN   DFND 1 5,000,000 0 0
TEGNA INC COM 87901J105 1,299 70,000 SH   DFND 1 70,000 0 0
TEGNA INC COM 87901J105 557 30,000 SH   DFND   30,000 0 0
TELOS CORP MD COM 87969B101 3,277 212,500 SH   DFND 1 212,500 0 0
TORTOISE ENERGY INFRA CORP COM 89147L886 3,524 126,225 SH   DFND 1 126,225 0 0
TORTOISE ENERGY INFRA CORP COM 89147L886 363 13,019 SH   DFND   13,019 0 0
TWO HBRS INVT CORP COM NEW 90187B408 2,259 391,542 SH   DFND 1 391,542 0 0
TWO HBRS INVT CORP COM NEW 90187B408 1,014 175,823 SH   DFND   175,823 0 0
TWO HARBORS INVENTMENT CORPO NOTE 6.250% 1/1 90187BAA9 13,635 13,750,000 PRN   DFND 1 13,750,000 0 0
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR 90290N109 349 20,000 SH   DFND 1 20,000 0 0
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR 90290N109 195 11,150 SH   DFND   11,150 0 0
VIATRIS INC COM 92556V106 677 50,000 SH   DFND 1 50,000 0 0
VIATRIS INC COM 92556V106 677 50,000 SH   DFND   50,000 0 0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT 958669103 423 19,000 SH   DFND 1 19,000 0 0
XPERI HOLDING CORP COM 98390M103 8,944 472,985 SH   DFND 1 472,985 0 0