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
ABBVIE INC COM 00287Y109 589 4,387 SH   SOLE   0 4,387 0
AGNC INVT CORP COM 00123Q104 298 35,390 SH   SOLE   0 35,390 0
ALGONQUIN PWR UTILS CORP UNIT 06/15/2024 015857873 13,286 350,839 SH   OTR 1 0 350,839 0
ALLETE INC COM NEW 018522300 365 7,297 SH   SOLE   0 7,297 0
ALLIANCEBERNSTEIN HLDG L P UNIT LTD PARTN 01881G106 530 15,115 SH   SOLE   0 15,115 0
ALLY FINL INC COM 02005N100 486 17,463 SH   SOLE   0 17,463 0
ANNALY CAPITAL MANAGEMENT IN COM NEW 035710839 565 32,950 SH   SOLE   0 32,950 0
APOLLO COML REAL EST FIN INC COM 03762U105 94 11,277 SH   SOLE   11,277 0 0
AT&T INC COM 00206R102 828 53,974 SH   SOLE   0 53,974 0
BOSTON PROPERTIES INC COM 101121101 746 9,946 SH   SOLE   0 9,946 0
BRAEMAR HOTELS & RESORTS INC 5.5 CUM CV PFD B 10482B200 6,457 436,887 SH   OTR 1 0 436,887 0
BRIGHTSPIRE CAPITAL INC COM CL A 10949T109 222 35,133 SH   SOLE   0 35,133 0
BRIGHTSPIRE CAPITAL INC COM CL A 10949T109 283 44,888 SH   SOLE   44,888 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 210 2,948 SH   SOLE   0 2,948 0
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101 2,352 58,498 SH   OTR 1 0 58,498 0
CHEVRON CORP NEW COM 166764100 677 4,712 SH   SOLE   0 4,712 0
COCA COLA CO COM 191216100 460 8,220 SH   SOLE   0 8,220 0
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 226344208 25,341 1,090,761 SH   OTR 1 0 1,090,761 0
DCP MIDSTREAM LP COM UT LTD PTN 23311P100 28,409 855,187 SH   OTR 1 0 855,187 0
DEVON ENERGY CORP NEW COM 25179M103 251 4,174 SH   SOLE   0 4,174 0
DOW INC COM 260557103 865 19,698 SH   SOLE   0 19,698 0
DUKE ENERGY CORP NEW COM NEW 26441C204 236 2,539 SH   SOLE   0 2,539 0
ENBRIDGE INC COM 29250N105 709 19,123 SH   SOLE   0 19,123 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 40,257 5,165,528 SH   OTR 1 0 5,165,528 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 58 5,262 SH   SOLE   0 5,262 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 154 14,000 SH   SOLE   14,000 0 0
ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336T100 1,131 474,037 SH   OTR 1 0 474,037 0
ENTERPRISE PRODS PARTNERS L COM 293792107 37,853 1,832,457 SH   OTR 1 0 1,832,457 0
EOG RES INC COM 26875P101 412 3,684 SH   SOLE   0 3,684 0
EPR PPTYS CONV PFD 9% SR E 26884U307 11,681 455,029 SH   OTR 1 0 455,029 0
EPR PPTYS CONV PFD 9% SR E 26884U307 331 12,896 SH   SOLE   12,896 0 0
EPR PPTYS PFD C CV 5.75% 26884U208 1,262 73,046 SH   OTR 1 0 73,046 0
EPR PPTYS CONV PFD 9% SR E 26884U307 109 4,242 SH   SOLE   0 4,242 0
EQUITY COMWLTH 6.5% CNV PFD D 294628201 6,107 233,348 SH   OTR 1 0 233,348 0
ETFIS SER TR I VIRTUS INFRCAP 26923G822 11,370 597,182 SH   SOLE   597,182 0 0
GENESIS ENERGY L P UNIT LTD PARTN 371927104 215 39,798 SH   OTR 1 0 39,798 0
GLOBAL NET LEASE INC COM NEW 379378201 608 57,052 SH   SOLE   57,052 0 0
GLOBAL NET LEASE INC COM NEW 379378201 337 31,603 SH   SOLE   0 31,603 0
HEALTHCARE RLTY TR CL A COM 42226K105 352 16,869 SH   SOLE   0 16,869 0
HESS MIDSTREAM LP CL A SHS 428103105 1,968 77,102 SH   OTR 1 0 77,102 0
HOLLY ENERGY PARTNERS L P COM UT LTD PTN 435763107 9,588 619,384 SH   OTR 1 0 619,384 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 4,730 52,300 SH Call SOLE   0 52,300 0
INVESCO QQQ TR UNIT SER 1 46090E103 1,301,182 4,868,600 SH Call SOLE   0 4,868,600 0
JOHNSON & JOHNSON COM 478160104 426 2,606 SH   SOLE   0 2,606 0
JPMORGAN CHASE & CO COM 46625H100 322 3,083 SH   SOLE   0 3,083 0
KEYCORP COM 493267108 301 18,807 SH   SOLE   0 18,807 0
KILROY RLTY CORP COM 49427F108 547 13,000 SH   SOLE   13,000 0 0
KILROY RLTY CORP COM 49427F108 677 16,084 SH   SOLE   0 16,084 0
KINDER MORGAN INC DEL COM 49456B101 722 43,380 SH   SOLE   0 43,380 0
KOHLS CORP COM 500255104 482 19,172 SH   SOLE   0 19,172 0
KRAFT HEINZ CO COM 500754106 316 9,472 SH   SOLE   0 9,472 0
LUMEN TECHNOLOGIES INC COM 550241103 241 33,099 SH   SOLE   0 33,099 0
LXP INDUSTRIAL TRUST PFD CONV SER C 529043309 711 14,689 SH   OTR 1 0 14,689 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 49,484 741,296 SH   OTR 1 0 741,296 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 13 270 SH   SOLE   0 270 0
MPLX LP COM UNIT REP LTD 55336V100 303 10,081 SH   SOLE   0 10,081 0
MPLX LP COM UNIT REP LTD 55336V100 47,158 1,537,524 SH   OTR 1 0 1,537,524 0
NATIONAL RETAIL PROPERTIES I COM 637417106 296 7,424 SH   SOLE   0 7,424 0
NEW YORK CMNTY BANCORP INC COM 649445103 102 11,961 SH   SOLE   0 11,961 0
NEW YORK CMNTY CAP TR V UNIT 05/07/2051 64944P307 376 8,442 SH   SOLE   0 8,442 0
NORTHWEST BANCSHARES INC MD COM 667340103 146 10,840 SH   SOLE   0 10,840 0
NORTHWEST NAT HLDG CO COM 66765N105 217 5,000 SH   SOLE   0 5,000 0
NUSTAR ENERGY LP UNIT COM 67058H102 28,871 2,161,998 SH   OTR 1 0 2,161,998 0
ONEMAIN HLDGS INC COM 68268W103 304 10,292 SH   SOLE   0 10,292 0
PARAMOUNT GROUP INC COM 69924R108 168 27,000 SH   SOLE   27,000 0 0
PENNANTPARK INVT CORP COM 708062104 251 45,975 SH   SOLE   45,975 0 0
PHILLIPS 66 COM 718546104 229 2,832 SH   SOLE   0 2,832 0
PIONEER NAT RES CO COM 723787107 458 2,114 SH   SOLE   0 2,114 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 30,728 2,977,207 SH   OTR 1 0 2,977,207 0
PRUDENTIAL FINL INC COM 744320102 676 7,884 SH   SOLE   0 7,884 0
REALTY INCOME CORP COM 756109104 249 4,283 SH   SOLE   0 4,283 0
RED ROCK RESORTS INC CL A 75700L108 218 6,353 SH   SOLE   0 6,353 0
RITHM CAPITAL CORP COM NEW 64828T201 81 11,001 SH   SOLE   11,001 0 0
RITHM CAPITAL CORP COM NEW 64828T201 535 75,727 SH   SOLE   0 75,727 0
RLJ LODGING TR CUM CONV PFD A 74965L200 21,453 872,770 SH   OTR 1 0 872,770 0
RLJ LODGING TR CUM CONV PFD A 74965L200 523 21,282 SH   SOLE   0 21,282 0
RPT REALTY 7.25 PFD D CONV 74971D200 7,561 172,522 SH   OTR 1 0 172,522 0
RPT REALTY 7.25 PFD D CONV 74971D200 238 5,442 SH   SOLE   0 5,442 0
SERIES PORTFOLIOS TR INFRACAP EQUITY 81752T619 516 22,121 SH   SOLE   22,121 0 0
SHELL PLC SPON ADS 780259305 653 13,125 SH   SOLE   0 13,125 0
SIMON PPTY GROUP INC NEW COM 828806109 616 6,862 SH   SOLE   0 6,862 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 3,181,045 8,906,000 SH Call SOLE   0 8,906,000 0
STARWOOD PPTY TR INC COM 85571B105 243 13,316 SH   SOLE   0 13,316 0
THE NECESSITY RETAIL REIT IN COM CLASS A 02607T109 532 90,490 SH   SOLE   90,490 0 0
TPG RE FIN TR INC COM 87266M107 393 56,120 SH   SOLE   0 56,120 0
TPG RE FIN TR INC COM 87266M107 319 45,569 SH   SOLE   45,569 0 0
TRUIST FINL CORP COM 89832Q109 658 15,104 SH   SOLE   0 15,104 0
UGI CORP NEW UNIT 06/01/2024 902681113 8,830 110,722 SH   OTR 1 0 110,722 0
UGI CORP NEW UNIT 06/01/2024 902681113 338 4,241 SH   SOLE   0 4,241 0
US BANCORP DEL COM NEW 902973304 915 22,685 SH   SOLE   0 22,685 0
VERIZON COMMUNICATIONS INC COM 92343V104 488 12,842 SH   SOLE   0 12,842 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 446 39,323 SH   SOLE   0 39,323 0
VORNADO RLTY TR SH BEN INT 929042109 308 13,320 SH   SOLE   0 13,320 0
WESTERN ASSET EMERGING MKTS COM 95766A101 714 89,486 SH   SOLE   89,486 0 0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT 958669103 48,283 1,867,563 SH   OTR 1 0 1,867,563 0