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
26 CAPITAL ACQUISITION CORP COM CL A 90138P100 197 20,000 SH   DFND   20,000 0 0
ACCELERATE ACQUISITION CORP COM CL A 00439D102 419 42,670 SH   DFND   42,670 0 0
ADIT EDTECH ACQUISITION CORP COMMON STOCK 007024102 137 13,900 SH   DFND   13,900 0 0
AETHERIUM ACQUISITION CORP UNIT 12/21/2026 00809J200 301 30,000 SH   DFND   30,000 0 0
AF ACQUISITION CORP CLASS A COM 001040104 399 40,664 SH   DFND   40,664 0 0
AGILE GROWTH CORP CLASS A ORD G01202103 198 20,000 SH   DFND   20,000 0 0
AHREN ACQUISITION CORP UNIT 12/09/2026 G01322117 202 20,000 SH   DFND   20,000 0 0
ALLIANCEBERNSTEIN NATL MUN I COM 01864U106 271 26,147 SH   DFND   26,147 0 0
ANDRETTI ACQUISITION CORP UNIT 99/99/9999 G26735111 302 30,000 SH   DFND   30,000 0 0
ANZU SPECIAL ACQUISITIN CORP COM CL A 03737A101 196 20,000 SH   DFND   20,000 0 0
APX ACQUISITION CORP I UNIT 12/07/2026 G0440J117 507 50,000 SH   DFND   50,000 0 0
ARES ACQUISITION CORPORATION COM CL A G33032106 390 39,322 SH   DFND   39,322 0 0
ATHENA TECHNOLOGY ACQ CORP I UNIT 99/99/9999 04687C204 198 20,000 SH   DFND   20,000 0 0
ATLANTIC COASTAL ACQUISTN CO CLASS A COM 048453104 577 58,718 SH   DFND   58,718 0 0
AUSTERLITZ ACQUISITION CORP COM CL A G0633U101 196 20,000 SH   DFND   20,000 0 0
AVAYA HLDGS CORP COM 05351X101 318 200,000 SH   DFND   200,000 0 0
AVAYA HLDGS CORP NOTE 2.250% 6/1 05351XAB7 7,888 18,030,000 PRN   DFND   18,030,000 0 0
BATTERY FUTURE ACQUISITION C UNIT 99/99/9999 G0888J116 203 20,000 SH   DFND   20,000 0 0
BITE ACQUISITION CORP COMMON STOCK 09175K105 156 15,883 SH   DFND   15,883 0 0
BLACKROCK CALIF MUN INCOME T SH BEN INT 09248E102 995 96,770 SH   DFND   96,770 0 0
BLACKROCK CAP ALLOCATION TR COM 09260U109 1,139 83,666 SH   DFND   83,666 0 0
BLACKROCK ESG CAP ALLC TR SHS BEN INT 09262F100 667 52,042 SH   DFND   52,042 0 0
BLACKROCK FLOATING RATE INCO COM 09255X100 209 19,000 SH   DFND   19,000 0 0
BLACKROCK MUN INCOME TR SH BEN INT 09248F109 1,130 118,600 SH   DFND   118,600 0 0
BLACKROCK MUNI INCOME TR II COM 09249N101 1,242 124,225 SH   DFND   124,225 0 0
BLACKROCK MUNIHLDGS NY QLTY COM 09255C106 402 41,000 SH   DFND   41,000 0 0
BLACKROCK MUNIHOLDINGS FD IN COM 09253N104 734 65,239 SH   DFND   65,239 0 0
BLACKROCK MUNIVEST FD II INC COM 09253T101 232 22,950 SH   DFND   22,950 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 1,483 223,312 SH   DFND   223,312 0 0
BLACKROCK MUNIYIELD FD INC COM 09253W104 99 10,000 SH   DFND   10,000 0 0
BLACKROCK MUNIYIELD N Y QUAL COM 09255E102 579 61,402 SH   DFND   61,402 0 0
BLUE OWL CAPITAL INC COM CL A 09581B103 653 70,800 SH   DFND   70,800 0 0
BNY MELLON STRATEGIC MUN BD COM 09662E109 837 147,870 SH   DFND   147,870 0 0
BNY MELLON STRATEGIC MUNS IN COM 05588W108 252 41,520 SH   DFND   41,520 0 0
BOA ACQUISITION CORP COM CL A 05601A109 303 30,510 SH   DFND   30,510 0 0
BUILD ACQUISITION CORP COM CLASS A 12008J105 357 36,354 SH   DFND   36,354 0 0
BURTECH ACQUISITION CORP UNIT 12/10/2026 123013203 502 50,000 SH   DFND   50,000 0 0
BYNORDIC ACQUISITION CORP UNIT 07/01/2027 124420209 201 20,000 SH   DFND   20,000 0 0
CARTESIAN GROWTH CORP CL A SHS G19276107 159 16,000 SH   DFND   16,000 0 0
CHURCHILL CAPITAL CORP V COM CL A 17144T107 99 10,000 SH   DFND   10,000 0 0
CHURCHILL CAPITAL CORP VII COM CL A 17144M102 197 20,000 SH   DFND   20,000 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 140 102,000 SH   DFND   102,000 0 0
COHEN & STEERS LTD DURATION COM 19248C105 401 22,152 SH   DFND   22,152 0 0
COHEN & STEERS TAX ADVAN PFD COM 19249X108 394 21,772 SH   DFND   21,772 0 0
CONSILIUM ACQUISITN CORP I L UNIT 01/12/2027 G2365L135 200 20,000 SH   DFND   20,000 0 0
CONSTELLATION ACQUISITN CORP UNIT 99/99/9999 G2R18K121 99 10,000 SH   DFND   10,000 0 0
CONX CORP COM CL A 212873103 250 25,000 SH   DFND   25,000 0 0
CORAZON CAPITAL V838 MONOCER CLASS A ORD SHS G24237102 143 14,408 SH   DFND   14,408 0 0
COVA ACQUISITION CORP CL A SHS G2554Y104 205 20,655 SH   DFND   20,655 0 0
CROWN PROPTECH ACQUISITIONS SHS CL A G25741102 457 46,100 SH   DFND   46,100 0 0
D AND Z MEDIA ACQUISITION CO COM CL A 23305Q106 172 17,400 SH   DFND   17,400 0 0
DECARBONIZATION PLUS ACQUISI COM CL A G2773W103 301 30,000 SH   DFND   30,000 0 0
DHC ACQUISITION CORP CLASS A ORD SHS G2758T109 396 40,000 SH   DFND   40,000 0 0
DISRUPTIVE ACQUISITION CORP CLASS A ORD SHS G2770Y102 388 39,166 SH   DFND   39,166 0 0
DMY TECHNOLOGY GROUP INC VI CL A COM 233247105 199 20,000 SH   DFND   20,000 0 0
DWS MUN INCOME TR COM 233368109 478 57,492 SH   DFND   57,492 0 0
EAST STONE ACQUISITION CORP *W EXP 12/31/202 G2911D116 3 39,459 SH   DFND   39,459 0 0
EATON VANCE CALIF MUN BD FD COM 27828A100 498 58,514 SH   DFND   58,514 0 0
EATON VANCE NEW YORK MUN BD COM 27827Y109 403 47,733 SH   DFND   47,733 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 55 10,418 SH   DFND   10,418 0 0
EDTECHX HOLDINGS ACQU CORP I *W EXP 06/15/202 28139A110 1 10,000 SH   DFND   10,000 0 0
ELLIOTT OPPORTUNITY II CORP SHS CL A G30092103 492 50,000 SH   DFND   50,000 0 0
EQ HEALTH ACQUISITION CORP COM CL A 26886A101 152 15,404 SH   DFND   15,404 0 0
EVE MOBILITY ACQUISITION COR UNIT 99/99/9999 G3218G125 302 30,000 SH   DFND   30,000 0 0
EVERGREEN CORPORATION UNIT 02/08/2027 G3312W125 285 28,220 SH   DFND   28,220 0 0
EVO ACQUISITION CORP UNIT 99/99/9999 30052G207 285 28,900 SH   DFND   28,900 0 0
FAR PEAK ACQUISITION CORP SHS CL A G3312L103 297 30,000 SH   DFND   30,000 0 0
FINANCIAL STRATEGIES ACQUISI CLASS A COM 31772T107 201 20,000 SH   DFND   20,000 0 0
FIRST RESERVE SUSTAINABLE GW CLASS A COM 336169107 196 20,000 SH   DFND   20,000 0 0
FLAME ACQUISITION CORP COM CL A 33850F108 197 20,000 SH   DFND   20,000 0 0
FORTRESS CAPITAL ACQUISITION SHS CL A G36427105 273 27,400 SH   DFND   27,400 0 0
FRANKLIN LTD DURATION INCOME COM 35472T101 535 86,615 SH   DFND   86,615 0 0
FRONTIER INVESTMENT CORP UNIT 06/29/2026 G36816117 116 11,789 SH   DFND   11,789 0 0
FTAC EMERALD ACQUISITION COR UNIT 10/19/2028 29103K209 197 20,000 SH   DFND   20,000 0 0
FUTURETECH II ACQUISITION CO UNIT 12/23/2022 36119D202 130 12,900 SH   DFND   12,900 0 0
GARDINER HEALTHCARE ACQTS CO UNIT 99/99/9999 365506203 302 30,000 SH   DFND   30,000 0 0
GDL FD COM SH BEN IT 361570104 963 121,559 SH   DFND   121,559 0 0
GENESIS GRWT TECH ACQUSTN CO UNIT 99/99/9999 G3R23D110 214 20,000 SH   DFND   20,000 0 0
GIGCAPITAL 5 INC *W EXP 03/28/202 37519U117 0 15,530 SH   DFND   15,530 0 0
GOAL ACQUISITIONS CORP COM 38021H107 197 20,014 SH   DFND   20,014 0 0
GOLDEN ARROW MERGER CORP *W EXP 07/31/202 380799114 1 19,150 SH   DFND   19,150 0 0
GOLDEN ARROW MERGER CORP CLASS A COM 380799106 687 70,000 SH   DFND   70,000 0 0
GOOD WKS II ACQUISITION CORP COMMON STOCK 38216G104 400 40,000 SH   DFND   40,000 0 0
GORES HLDGS VIII INC CL A 382863108 164 16,600 SH   DFND   16,600 0 0
GORES HOLDINGS IX INC UNIT 01/14/2029 38287A200 200 20,000 SH   DFND   20,000 0 0
GX ACQUISITION CORP II UNIT 03/17/2026 36260F204 147 14,900 SH   DFND   14,900 0 0
HEALTHCARE AI ACQUISITION CO UNIT 12/07/2026 G4373K125 202 20,000 SH   DFND   20,000 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700 8,244 506,374 SH   DFND   506,374 0 0
HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 564 58,026 SH   DFND   58,026 0 0
INDUSTRIAL TECH ACQSTNS II I UNIT 03/31/2028 45635R207 201 20,000 SH   DFND   20,000 0 0
INVESCO MUN OPPORTUNITY TR COM 46132C107 370 40,611 SH   DFND   40,611 0 0
INVESCO PA VALUE MUN INC TR COM 46132K109 181 18,703 SH   DFND   18,703 0 0
INVESCO QUALITY MUN INCOME T COM 46133G107 165 18,081 SH   DFND   18,081 0 0
IRON SPARK I INC CLASS A COM 46301G103 546 55,000 SH   DFND   55,000 0 0
ISHARES TR PFD AND INCM SEC 464288687 8 50,000 SH Put DFND   50,000 0 0
JACKSON ACQUISITION CO UNIT 99/99/9999 46653C205 249 25,000 SH   DFND   25,000 0 0
KERNEL GROUP HOLDINGS INC CL A SHS G5259L103 127 12,727 SH   DFND   12,727 0 0
KHOSLA VENTURES ACQUISITION CL A 482504107 391 39,900 SH   DFND   39,900 0 0
KHOSLA VENTURES ACQUT CO III COM CL A 482506102 98 10,000 SH   DFND   10,000 0 0
KISMET ACQUISITION TWO CORP UNIT 99/99/9999 G52807123 297 30,000 SH   DFND   30,000 0 0
KKR ACQUISITION HOLDING I CO COM CLASS A 48253T109 98 10,000 SH   DFND   10,000 0 0
LANDCADIA HOLDINGS IV INC CLASS A COM 51477A104 528 53,806 SH   DFND   53,806 0 0
LARKSPUR HEALTH ACQUISITION UNIT 12/20/2026 51724W206 132 12,700 SH   DFND   12,700 0 0
LEFTERIS ACQUISITION CORP COM CL A 52470X109 195 19,488 SH   DFND   19,488 0 0
LIBERTY MEDIA ACQUISITION CO COM SR A 53073L104 302 30,406 SH   DFND   30,406 0 0
LOGAN RIDGE FINANCE CORP COM 541098109 1,467 81,210 SH   DFND   81,210 0 0
LUX HEALTH TECH ACQUISITION COM CL A 55068A100 159 15,840 SH   DFND   15,840 0 0
M3 BRIGADE ACQUISITION II CO COM CL A 553800103 331 33,790 SH   DFND   33,790 0 0
MAGNUM OPUS ACQUISITION LTD SHS CL A G5S70A104 397 40,000 SH   DFND   40,000 0 0
MARATHON DIGITAL HOLDINGS IN COM 565788106 590 500,000 SH Put DFND   500,000 0 0
MARLIN TECHNOLOGY CORP UNIT 99/99/9999 G58411128 176 17,650 SH   DFND   17,650 0 0
MASON INDUSTRIAL TECHNOLGY I COM CL A 57520Y106 231 23,613 SH   DFND   23,613 0 0
MEDICUS SCIENCES ACQUISITION CL A SHS G5960S108 99 10,000 SH   DFND   10,000 0 0
MFS HIGH YIELD MUN TR SH BEN INT 59318E102 617 204,853 SH   DFND   204,853 0 0
MFS INVT GRADE MUN TR SH BEN INT 59318B108 392 58,190 SH   DFND   58,190 0 0
MOTIVE CAPITAL CORP II UNIT 99/99/9999 G6293R122 502 50,000 SH   DFND   50,000 0 0
NEUBERGER BERMAN MUN FD INC COM 64124P101 140 13,842 SH   DFND   13,842 0 0
NEUBERGER BERMAN N Y MUN FD COM 64124K102 121 13,126 SH   DFND   13,126 0 0
NEWBURY STREET ACQUISITN COR *W EXP 04/30/202 65101L112 1 12,413 SH   DFND   12,413 0 0
NEWBURY STREET ACQUISITN COR COM 65101L104 269 27,403 SH   DFND   27,403 0 0
NEXPOINT DIVERSIFIED REL ET COM NEW 65340G205 962 76,652 SH   DFND   76,652 0 0
NORDSTROM INC COM 655664100 13 200,000 SH Put DFND   200,000 0 0
NUVEEN AMT-FREE MUN VALUE FD COM 670695105 227 17,317 SH   DFND   17,317 0 0
NUVEEN FLOATING RATE INCOME COM SHS 6706EN100 419 52,000 SH   DFND   52,000 0 0
NUVEEN MUN VALUE FD INC COM 670928100 2,621 309,862 SH   DFND   309,862 0 0
NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT 67070X101 1,475 129,752 SH   DFND   129,752 0 0
NUVEEN N Y MUN VALUE FD COM 67062M105 495 60,661 SH   DFND   60,661 0 0
NUVEEN OHIO QLTY MUN INCOME COM 670980101 651 55,432 SH   DFND   55,432 0 0
NUVEEN PENNSYLVANIA QLT MUN COM 670972108 114 10,363 SH   DFND   10,363 0 0
NUVEEN SELECT MAT MUN FD SH BEN INT 67061T101 397 44,787 SH   DFND   44,787 0 0
NUVEEN SR INCOME FD COM 67067Y104 257 55,000 SH   DFND   55,000 0 0
OFS CAP CORP COM 67103B100 334 40,677 SH   DFND   40,677 0 0
OSIRIS ACQUISITION CORP CL A 68829A103 132 13,508 SH   DFND   13,508 0 0
OWL ROCK CAPITAL CORPORATION COM 69121K104 140 13,500 SH   DFND   13,500 0 0
OXUS ACQUISITION CORP *W EXP 99/99/999 G6859L121 2 23,300 SH   DFND   23,300 0 0
OXUS ACQUISITION CORP SHS CL A G6859L105 236 23,300 SH   DFND   23,300 0 0
OYSTER ENTERPRISES ACQ CORP *W EXP 01/20/202 69242M112 3 16,596 SH   DFND   16,596 0 0
OYSTER ENTERPRISES ACQ CORP COM CL A 69242M104 328 33,192 SH   DFND   33,192 0 0
PGIM SHORT DUR HIG YLD OPP F COM 69355J104 764 53,171 SH   DFND   53,171 0 0
PIMCO GLOBAL STOCKSPLS INCM COM 722011103 127 19,644 SH   DFND   19,644 0 0
PIMCO NEW YORK MUN INCOME FD COM 72201E105 197 28,750 SH   DFND   28,750 0 0
PINE IS ACQUISITION CORP CL A 722615101 136 13,579 SH   DFND   13,579 0 0
PINE TECHNOLOGY ACQUISITN CO CLASS A COM 722850104 196 20,000 SH   DFND   20,000 0 0
PIONEER MERGER CORP CL A SHS G7S24C103 199 20,000 SH   DFND   20,000 0 0
PIONEER MUN HIGH INCOME OPPO COMMON STOCK 723760104 1,465 144,447 SH   DFND   144,447 0 0
PIONEER MUNICIPAL HIGH INCOM COM SHS 723763108 244 29,732 SH   DFND   29,732 0 0
PONTEM CORPORATION SHS CL A G71707106 398 40,000 SH   DFND   40,000 0 0
POWER REIT COM 73933H101 165 15,423 SH   DFND   15,423 0 0
PROGRESS ACQUISITION CORP COM CL A 74327P105 156 15,600 SH   DFND   15,600 0 0
REVELSTONE CAPITAL ACQSTN CO UNIT 12/17/2026 76137R205 199 20,000 SH   DFND   20,000 0 0
ROSECLIFF ACQUISITION CORP I COM CL A 77732R103 197 20,000 SH   DFND   20,000 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605 98 400,000 SH Put DFND   400,000 0 0
SEVEN HILLS REALTY TRUST COM 81784E101 1,866 204,582 SH   DFND   204,582 0 0
SHAPEWAYS HOLDINGS INC *W EXP 09/29/202 81947T110 1 11,950 SH   DFND   11,950 0 0
SLAM CORP CL A SHS G8210L105 194 19,541 SH   DFND   19,541 0 0
SOCIAL CAPITAL HEDOSOPHA HLD SHS CL A G8251L105 350 35,000 SH   DFND   35,000 0 0
SOUTHPORT ACQUISITION CORP UNIT 99/99/9999 84465L204 199 20,000 SH   DFND   20,000 0 0
SPDR GOLD TR GOLD SHS 78463V107 3 20,000 SH Call DFND   20,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 609 350,000 SH Put DFND   350,000 0 0
SPREE ACQUISITION CORP 1 LTD UNIT 99/99/9999 G83745110 202 20,000 SH   DFND   20,000 0 0
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101 286 18,392 SH   DFND   18,392 0 0
ST ENERGY TRANSITION I LTD UNIT 99/99/9999 G8465L123 201 20,000 SH   DFND   20,000 0 0
SWIFTMERGE ACQUISITION CORP UNIT 12/13/2026 G63836129 299 30,000 SH   DFND   30,000 0 0
TAILWIND INTERNATNAL ACQ COR COM CL A G8662F101 486 48,950 SH   DFND   48,950 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 50 60,000 SH Put DFND   60,000 0 0
TARGET GLOBAL ACQUISI I CORP UNIT 99/99/9999 G8675N117 201 20,000 SH   DFND   20,000 0 0
TB SA ACQUISITION CORP CLASS A ORD SHS G8657L105 592 59,800 SH   DFND   59,800 0 0
TERAWULF INC COM 88080T104 302 239,655 SH   DFND   239,655 0 0
TH INTERNATIONAL LIMITED *W EXP 12/15/202 G8656L114 3 10,000 SH   DFND   10,000 0 0
THE GROWTH FOR GOOD ACQU COR UNIT 11/12/2026 G41522122 199 20,000 SH   DFND   20,000 0 0
TRAJECTORY ALPHA ACQUISITION UNIT 99/99/9999 89301B203 198 20,000 SH   DFND   20,000 0 0
VALUENCE MERGER CORP I UNIT 02/18/2027 G9R16L126 307 30,000 SH   DFND   30,000 0 0
VELOCITY ACQUISITION CORP COM CL A 92259E104 98 10,000 SH   DFND   10,000 0 0
VELOCITY ACQUISITION CORP UNIT 99/99/9999 92259E203 108 11,000 SH   DFND   11,000 0 0
VISCOGLIOSI BROS ACQUISTN CO UNIT 03/18/2027 92838K209 198 19,900 SH   DFND   19,900 0 0
VISTRA CORP COM 92840M102 546 26,000 SH   DFND   26,000 0 0
WAYFAIR INC NOTE 0.625%10/0 94419LAM3 10,125 15,000,000 PRN   DFND   15,000,000 0 0
WEJO GROUP LIMITED *W EXP 11/18/202 G9525W117 3 26,566 SH   DFND   26,566 0 0
WESTERN ACQSTN VENTURES CORP UNIT 09/01/2026 95758L206 300 30,000 SH   DFND   30,000 0 0
WESTERN ASSET INTER MUNI FD COM 958435109 470 63,899 SH   DFND   63,899 0 0
WESTERN ASSET MANAGED MUNS F COM 95766M105 1,180 121,612 SH   DFND   121,612 0 0
WESTERN ASST INFLTN LKD INM COM SH BEN INT 95766Q106 461 51,550 SH   DFND   51,550 0 0
WESTERN AST INFL LKD OPP & I COM 95766R104 293 32,280 SH   DFND   32,280 0 0