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
AVAYA HLDGS CORP COM 05351X101 168 16,461 SH   DFND 1 2 16,461 0 0
AVAYA HLDGS CORP COM 05351X101 957 93,539 SH   DFND 1 2 93,539 0 0
AVAYA HLDGS CORP NOTE 2.250% 6/1 05351XAB7 1,152 1,353,000 PRN   DFND 1 2 1,353,000 0 0
AVAYA HLDGS CORP NOTE 2.250% 6/1 05351XAB7 6,547 7,687,000 PRN   DFND 1 2 7,687,000 0 0
BARINGS BDC INC COM 06759L103 188 18,521 SH   DFND 1 2 18,521 0 0
BLACKROCK CALIF MUN INCOME T SH BEN INT 09248E102 619 45,255 SH   DFND 1 2 45,255 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 1,748 138,498 SH   DFND 1 2 138,498 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 582 46,141 SH   DFND 1 2 46,141 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 1,322 107,768 SH   DFND 1 2 107,768 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 400 32,596 SH   DFND 1 2 32,596 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 408 28,751 SH   DFND 1 2 28,751 0 0
BLACKROCK MUNICIPL INC QLTY COM 092479104 212 14,976 SH   DFND 1 2 14,976 0 0
BLACKROCK MUNIHLDGS NY QLTY COM 09255C106 189 13,914 SH   DFND 1 2 13,914 0 0
BLACKROCK MUNIHLDNGS CALI QL COM 09254L107 330 23,397 SH   DFND 1 2 23,397 0 0
BLACKROCK MUNIHLDNGS CALI QL COM 09254L107 184 13,065 SH   DFND 1 2 13,065 0 0
BLACKROCK MUNIHLDNGS CALI QL COM 09254L107 1,760 124,664 SH   DFND 1 2 124,664 0 0
BLACKROCK MUNIHLDNGS QLTY II COM 09254C107 456 35,675 SH   DFND 1 2 35,675 0 0
BLACKROCK MUNIHLDS INVSTM QL COM 09254P108 2,381 175,959 SH   DFND 1 2 175,959 0 0
BLACKROCK MUNIHLDS INVSTM QL COM 09254P108 263 19,405 SH   DFND 1 2 19,405 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 586 63,722 SH   DFND 1 2 63,722 0 0
BLACKROCK MUNIYIELD CALI QLT COM 09254N103 1,569 109,015 SH   DFND 1 2 109,015 0 0
BLACKROCK MUNIYIELD NY QLTY COM 09255E102 401 30,720 SH   DFND 1 2 30,720 0 0
BLACKROCK MUNIYIELD NY QLTY COM 09255E102 1,174 89,891 SH   DFND 1 2 89,891 0 0
BLACKROCK MUNIYIELD PA QLTY COM 09255G107 329 23,160 SH   DFND 1 2 23,160 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 1,872 137,958 SH   DFND 1 2 137,958 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 214 15,763 SH   DFND 1 2 15,763 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 556 40,981 SH   DFND 1 2 40,981 0 0
CLEARBRIDGE ENERGY MIDSTRM O COM 18469P100 174 20,000 SH   DFND 1 2 20,000 0 0
CPI CARD GROUP INC COM NEW 12634H200 116 44,681 SH   DFND 1 2 44,681 0 0
DELAWARE INV MN MUN INC FD I COM 24610V103 1,422 108,537 SH   DFND 1 2 108,537 0 0
DWS MUN INCOME TR NEW COM 233368109 2,955 254,939 SH   DFND 1 2 254,939 0 0
DWS MUN INCOME TR NEW COM 233368109 384 33,122 SH   DFND 1 2 33,122 0 0
DWS MUN INCOME TR NEW COM 233368109 1,050 90,612 SH   DFND 1 2 90,612 0 0
EATON VANCE CALIF MUN BD FD COM 27828A100 203 17,938 SH   DFND 1 2 17,938 0 0
EATON VANCE FLTING RATE INC COM 278279104 546 41,293 SH   DFND 1 2 41,293 0 0
EATON VANCE FLTING RATE INC COM 278279104 455 34,394 SH   DFND 1 2 34,394 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 875 70,000 SH   DFND 1 2 70,000 0 0
EATON VANCE MUNI INCOME TRUS SH BEN INT 27826U108 343 26,724 SH   DFND 1 2 26,724 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 881 67,579 SH   DFND 1 2 67,579 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 627 102,401 SH   DFND 1 2 102,401 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 507 82,853 SH   DFND 1 2 82,853 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 110 18,016 SH   DFND 1 2 18,016 0 0
FEDERATED PREM MUN INC FD COM 31423P108 475 33,496 SH   DFND 1 2 33,496 0 0
FIRST TR SR FLG RTE INCM FD COM 33733U108 348 28,964 SH   DFND 1 2 28,964 0 0
FIRST TR SR FLOATING RATE 20 COM SHS 33740K101 560 63,311 SH   DFND 1 2 63,311 0 0
FS KKR CAPITAL CORP COM 302635107 464 79,589 SH   DFND 1 2 79,589 0 0
INVESCO ADVANTAGE MUNICIPAL SH BEN INT 46132E103 554 49,294 SH   DFND 1 2 49,294 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 330 30,000 SH   DFND 1 2 30,000 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 530 48,132 SH   DFND 1 2 48,132 0 0
INVESCO EXCHNG TRADED FD TR SR LN ETF 46138G508 7,342 325,000 SH   DFND 1 2 325,000 0 0
INVESCO PA VALUE MUN INCOME COM 46132K109 430 32,917 SH   DFND 1 2 32,917 0 0
ISHARES TR IBOXX HI YD ETF 464288513 7 25,500 SH Put DFND 1 2 25,500 0 0
ISHARES TR IBOXX HI YD ETF 464288513 5 40,000 SH Put DFND 1 2 40,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 2 95,900 SH Put DFND 1 2 95,900 0 0
ISHARES TR IBOXX HI YD ETF 464288513 4 20,000 SH Put DFND 1 2 20,000 0 0
IVY HIGH INC OPPORTUNITIES F COM 465893105 271 19,751 SH   DFND 1 2 19,751 0 0
KAYNE ANDERSN MLP MIDS INVT COM 486606106 217 15,000 SH   DFND 1 2 15,000 0 0
NUVEEN ARIZONA QLTY MUN INC COM 67061W104 232 17,263 SH   DFND 1 2 17,263 0 0
NUVEEN CALIFORNIA AMT QLT MU COM 670651108 389 25,712 SH   DFND 1 2 25,712 0 0
NUVEEN CALIFORNIA AMT QLT MU COM 670651108 432 28,587 SH   DFND 1 2 28,587 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 1,646 220,000 SH   DFND 1 2 220,000 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 2,986 399,149 SH   DFND 1 2 399,149 0 0
NUVEEN FLOATING RATE INCOME COM 67072T108 465 47,845 SH   DFND 1 2 47,845 0 0
NUVEEN FLOATING RATE INCOME COM 67072T108 632 65,000 SH   DFND 1 2 65,000 0 0
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 1,340 140,500 SH   DFND 1 2 140,500 0 0
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 460 48,173 SH   DFND 1 2 48,173 0 0
NUVEEN GEORGIA QLTY MUN INC COM 67072B107 125 10,090 SH   DFND 1 2 10,090 0 0
NUVEEN MINESOTA QLT MUN INC SHS 670734102 600 41,972 SH   DFND 1 2 41,972 0 0
NUVEEN SHT DUR CR OPP FD COM 67074X107 188 12,571 SH   DFND 1 2 12,571 0 0
NUVEEN SR INCOME FD COM 67067Y104 1,154 200,000 SH   DFND 1 2 200,000 0 0
NUVEEN SR INCOME FD COM 67067Y104 404 70,075 SH   DFND 1 2 70,075 0 0
NUVEEN SR INCOME FD COM 67067Y104 72 12,392 SH   DFND 1 2 12,392 0 0
NUVEEN TEXAS QLTY MUN INCME COM 670983105 496 35,677 SH   DFND 1 2 35,677 0 0
SHAKE SHACK INC CL A 819047101 1 10,000 SH Put DFND 1 2 10,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 68 40,000 SH Put DFND 1 2 40,000 0 0
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101 1,417 100,000 SH   DFND 1 2 100,000 0 0
TESLA INC COM 88160R101 1 10,000 SH Put DFND 1 2 10,000 0 0
UBS AG LONDON BRH ETRACS MNTLY PAY 90274D432 252 19,187 SH   DFND 1 2 19,187 0 0
UBS AG LONDON BRH ETRACS MTH 2XLV 90270L842 445 31,496 SH   DFND 1 2 31,496 0 0
VOYA PRIME RATE TR SH BEN INT 92913A100 705 149,715 SH   DFND 1 2 149,715 0 0
WESTERN ASSET CORPORATE LN F COM 95790J102 324 34,096 SH   DFND 1 2 34,096 0 0
WESTERN ASSET CORPORATE LN F COM 95790J102 423 44,582 SH   DFND 1 2 44,582 0 0
WESTERN ASSET INTM MUNI FD I COM 958435109 329 35,792 SH   DFND 1 2 35,792 0 0