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
A.M. Castle & Co. CONV 148411AF8 1,036 800,000 PRN   SOLE   800,000 0 0
Acorda Therapeutics, Inc. CONV 00484MAA4 521 500,000 PRN   SOLE   500,000 0 0
Alaska Communications Systems CONV 01167PAE1 1,645 2,000,000 PRN   SOLE   2,000,000 0 0
Allscripts Healthcare Solutio CONV 01988PAC2 866 750,000 PRN   SOLE   750,000 0 0
AMAG Pharmaceuticals, Inc. CONV 00163UAA4 1,059 1,000,000 PRN   SOLE   1,000,000 0 0
American Realty Capital Prop. CONV 02917TAA2 2,034 2,000,000 PRN   SOLE   2,000,000 0 0
AmTrust Financial Services, I CONV 032359AC5 1,648 1,000,000 PRN   SOLE   1,000,000 0 0
Array BioPharma Inc. CONV 04269XAA3 501 500,000 PRN   SOLE   500,000 0 0
BlackRock Kelso Capital Corp. CONV 092533AB4 1,596 1,500,000 PRN   SOLE   1,500,000 0 0
Bottomline Technologies, Inc. CONV 101388AA4 2,074 1,750,000 PRN   SOLE   1,750,000 0 0
Bristow Group Inc. CONV 110394AC7 3,194 2,511,000 PRN   SOLE   2,511,000 0 0
Cardtronics, Inc. CONV 14161HAF5 1,145 1,250,000 PRN   SOLE   1,250,000 0 0
Carriage Services, Inc. CONV 143905AL1 2,084 2,000,000 PRN   SOLE   2,000,000 0 0
Cepheid CONV 15670RAB3 622 600,000 PRN   SOLE   600,000 0 0
Chart Industries, Inc. CONV 16115QAC4 2,103 1,500,000 PRN   SOLE   1,500,000 0 0
Chiquita Brands International CONV 170032AT3 1,417 1,400,000 PRN   SOLE   1,400,000 0 0
Clean Energy Fuels Corp. CONV 184499AB7 976 1,000,000 PRN   SOLE   1,000,000 0 0
Colony Financial, Inc. CONV 19624RAA4 2,702 2,500,000 PRN   SOLE   2,500,000 0 0
CSG Systems International, In CONV 126349AC3 2,679 2,150,000 PRN   SOLE   2,150,000 0 0
Cubist Pharmaceuticals, Inc. CONV 229678AG2 2,514 2,200,000 PRN   SOLE   2,200,000 0 0
Emergent BioSolutions Inc. CONV 29089QAA3 1,677 1,600,000 PRN   SOLE   1,600,000 0 0
Encore Capital Group, Inc. CONV 292554AE2 2,631 2,250,000 PRN   SOLE   2,250,000 0 0
Equinix Inc. CONV 29444UAH9 3,832 1,500,000 PRN   SOLE   1,500,000 0 0
Exelixis, Inc. CONV 30161QAC8 1,488 1,750,000 PRN   SOLE   1,750,000 0 0
Finisar Corp. CONV 31787AAJ0 282 150,000 PRN   SOLE   150,000 0 0
Forest City Enterprises, Inc. CONV 345550AQ0 2,112 2,000,000 PRN   SOLE   2,000,000 0 0
FXCM Inc. CONV 302693AB2 2,071 2,000,000 PRN   SOLE   2,000,000 0 0
Gilead Sciences, Inc. CONV 375558AP8 6,564 1,800,000 PRN   SOLE   1,800,000 0 0
Goodrich Petroleum Corp. CONV 382410AG3 1,847 1,485,000 PRN   SOLE   1,485,000 0 0
GT Advanced Technologies Inc. CONV 36191UAB2 3,233 1,850,000 PRN   SOLE   1,850,000 0 0
Hawaiian Holdings, Inc. CONV 419879AD3 3,625 2,000,000 PRN   SOLE   2,000,000 0 0
HomeAway, Inc. CONV 43739QAA8 979 1,000,000 PRN   SOLE   1,000,000 0 0
Hornbeck Offshore Services, I CONV 440543AN6 1,212 1,000,000 PRN   SOLE   1,000,000 0 0
IAS Operating Partnership LP CONV 44927XAA3 979 1,000,000 PRN   SOLE   1,000,000 0 0
Iconix Brand Group, Inc. CONV 451055AE7 3,262 2,250,000 PRN   SOLE   2,250,000 0 0
Iconix Brand Group, Inc. CONV 451055AF4 2,182 1,500,000 PRN   SOLE   1,500,000 0 0
Illumina, Inc. CONV 452327AD1 3,227 1,500,000 PRN   SOLE   1,500,000 0 0
Illumina, Inc. CONV 452327AG4 1,031 1,000,000 PRN   SOLE   1,000,000 0 0
Incyte Corp. CONV 45337CAL6 2,704 2,000,000 PRN   SOLE   2,000,000 0 0
Infinera Corp. CONV 45667GAB9 1,055 1,000,000 PRN   SOLE   1,000,000 0 0
Intel Corp. CONV 458140AC4 1,246 1,000,000 PRN   SOLE   1,000,000 0 0
InterDigital, Inc. CONV 458660AB3 1,383 1,250,000 PRN   SOLE   1,250,000 0 0
InvenSense, Inc. CONV 46123DAA4 3,098 2,500,000 PRN   SOLE   2,500,000 0 0
Jarden Corp. CONV 471109AH1 3,804 2,750,000 PRN   SOLE   2,750,000 0 0
JinkoSolar Holding Co., Ltd. CONV 47759TAB6 996 1,000,000 PRN   SOLE   1,000,000 0 0
Kaiser Aluminum Corp. CONV 483007AB6 2,305 1,500,000 PRN   SOLE   1,500,000 0 0
Kaman Corp. CONV 483548AD5 2,035 1,500,000 PRN   SOLE   1,500,000 0 0
Lexington Realty Trust CONV 529043AA9 976 600,000 PRN   SOLE   600,000 0 0
Liberty Media Corp. CONV 531229AA0 1,778 1,750,000 PRN   SOLE   1,750,000 0 0
Mentor Graphics Corp. CONV 587200AK2 2,766 2,250,000 PRN   SOLE   2,250,000 0 0
MercadoLibre, Inc. CONV 58733RAA0 526 500,000 PRN   SOLE   500,000 0 0
Merrimack Pharmaceuticals, In CONV 590328AA8 664 500,000 PRN   SOLE   500,000 0 0
MGM Resorts International CONV 55303QAE0 1,471 1,000,000 PRN   SOLE   1,000,000 0 0
Micron Technology, Inc. CONV 595112AY9 4,526 3,500,000 PRN   SOLE   3,500,000 0 0
Molina Healthcare Inc. CONV 60855RAC4 3,138 2,500,000 PRN   SOLE   2,500,000 0 0
Move, Inc. CONV 62458MAA6 1,086 1,000,000 PRN   SOLE   1,000,000 0 0
Mylan Inc. CONV 628530AJ6 3,882 1,000,000 PRN   SOLE   1,000,000 0 0
NQ Mobile Inc. CONV 64118UAA6 641 1,000,000 PRN   SOLE   1,000,000 0 0
Nuance Communications, Inc. CONV 67020YAF7 4,015 4,000,000 PRN   SOLE   4,000,000 0 0
NVIDIA Corp. CONV 67066GAB0 1,109 1,000,000 PRN   SOLE   1,000,000 0 0
OPKO Health Inc. CONV 68375NAA1 1,087 800,000 PRN   SOLE   800,000 0 0
Photronics, Inc. CONV 719405AH5 2,164 2,000,000 PRN   SOLE   2,000,000 0 0
Portfolio Recovery Associates CONV 73640QAA3 1,195 1,000,000 PRN   SOLE   1,000,000 0 0
Proofpoint, Inc. CONV 743424AA1 2,279 1,900,000 PRN   SOLE   1,900,000 0 0
RAIT Financial Trust CONV 749227AB0 979 1,000,000 PRN   SOLE   1,000,000 0 0
Regeneron Pharmaceuticals, In CONV 75886FAD9 1,681 500,000 PRN   SOLE   500,000 0 0
Royal Gold, Inc CONV 780287AA6 646 600,000 PRN   SOLE   600,000 0 0
RTI International Metals, Inc CONV 74973WAA5 1,250 1,200,000 PRN   SOLE   1,200,000 0 0
RTI International Metals, Inc CONV 74973WAB3 1,009 1,000,000 PRN   SOLE   1,000,000 0 0
Rudolph Technologies Inc. CONV 781268AA5 1,068 1,000,000 PRN   SOLE   1,000,000 0 0
Salix Pharmaceuticals, Ltd. CONV 795435AC0 1,606 600,000 PRN   SOLE   600,000 0 0
Salix Pharmaceuticals, Ltd. CONV 795435AE6 1,181 600,000 PRN   SOLE   600,000 0 0
SanDisk Corp. CONV 80004CAD3 1,530 750,000 PRN   SOLE   750,000 0 0
Ship Finance International Lt CONV G81075AE6 1,420 1,250,000 PRN   SOLE   1,250,000 0 0
SolarCity Corp. CONV 83416TAA8 1,046 750,000 PRN   SOLE   750,000 0 0
Spansion LLC CONV 84649PAK1 2,055 1,250,000 PRN   SOLE   1,250,000 0 0
Spirit Realty Capital, Inc. CONV 84860WAB8 1,006 1,000,000 PRN   SOLE   1,000,000 0 0
SunEdison, Inc. CONV 86732YAB5 1,731 1,000,000 PRN   SOLE   1,000,000 0 0
SunEdison, Inc. CONV 86732YAE9 807 750,000 PRN   SOLE   750,000 0 0
SunPower Corp. CONV 867652AH2 2,939 2,500,000 PRN   SOLE   2,500,000 0 0
Take-Two Interactive Software CONV 874054AC3 2,628 2,000,000 PRN   SOLE   2,000,000 0 0
TeleCommunication Systems, In CONV 87929JAC7 1,960 2,000,000 PRN   SOLE   2,000,000 0 0
Tesla Motors, Inc. CONV 88160RAC5 680 700,000 PRN   SOLE   700,000 0 0
The Priceline Group Inc. CONV 741503AQ9 4,266 3,000,000 PRN   SOLE   3,000,000 0 0
The Spectranetics Corporation CONV 84760CAA5 522 500,000 PRN   SOLE   500,000 0 0
Verint Systems Inc. CONV 92343XAA8 1,957 1,900,000 PRN   SOLE   1,900,000 0 0
Web.com Group, Inc. CONV 94733AAA2 2,695 2,500,000 PRN   SOLE   2,500,000 0 0
Xilinx, Inc. CONV 983919AF8 1,662 1,000,000 PRN   SOLE   1,000,000 0 0
Yahoo! Inc. CONV 984332AE6 1,000 1,000,000 PRN   SOLE   1,000,000 0 0
Amerivon Holdings LLC PDF CV 898873104 33 545,456 SH   SOLE   545,456 0 0
Amerivon Holdings LLC PDF CV 898876107 1,527 1,311,586 SH   SOLE   1,311,586 0 0
Bank of America Corp. PDF CV 60505682 3,968 3,400 SH   SOLE   3,400 0 0
Bunge Ltd. PDF CV G16962204 1,559 15,000 SH   SOLE   15,000 0 0
Chesapeake Energy Corp. PDF CV 165167768 3,945 3,100 SH   SOLE   3,100 0 0
Halcon Resources Corp. PDF CV 40537Q407 1,220 1,000 SH   SOLE   1,000 0 0
Health Care REIT, Inc. PDF CV 42217K601 2,310 40,000 SH   SOLE   40,000 0 0
Huntington Bancshares, Inc. PDF CV 446150401 3,325 2,500 SH   SOLE   2,500 0 0
NY Community Capital Trust V PDF CV 64944P307 2,360 48,000 SH   SOLE   48,000 0 0
Post Holdings, Inc. PDF CV 737446203 1,970 16,600 SH   SOLE   16,600 0 0
Post Holdings, Inc. PDF CV 737446500 1,019 10,000 SH   SOLE   10,000 0 0
Stanley Black & Decker, Inc. PDF CV 854502804 2,273 20,000 SH   SOLE   20,000 0 0
Wells Fargo & Co. PDF CV 949746804 3,642 3,000 SH   SOLE   3,000 0 0
American Tower Corp. PDF CV 03027X308 1,736 16,250 SH   SOLE   16,250 0 0
AmSurg Corp. PDF CV 03232P504 101 1,000 SH   SOLE   1,000 0 0
Crown Castle International Co PDF CV 228227500 2,791 27,500 SH   SOLE   27,500 0 0
Dominion Resources, Inc. PDF CV 25746U703 1,441 25,000 SH   SOLE   25,000 0 0
Dominion Resources, Inc. PDF CV 25746U885 1,450 25,000 SH   SOLE   25,000 0 0
Genesee & Wyoming, Inc. PDF CV 371559204 2,708 20,000 SH   SOLE   20,000 0 0
Maiden Holdings, Ltd. PDF CV G5753U203 2,181 45,000 SH   SOLE   45,000 0 0
MetLife, Inc. PDF CV 59156R116 2,077 65,000 SH   SOLE   65,000 0 0
NextEra Energy, Inc. PDF CV 65339F705 1,009 15,000 SH   SOLE   15,000 0 0
NextEra Energy, Inc. PDF CV 65339F861 1,142 20,000 SH   SOLE   20,000 0 0
NextEra Energy, Inc. PDF CV 65339F887 2,600 40,000 SH   SOLE   40,000 0 0
Post Holdings, Inc. PDF CV 737446609 531 5,000 SH   SOLE   5,000 0 0
United Technologies Corp. PDF CV 913017117 5,215 80,000 SH   SOLE   80,000 0 0
Weyerhaeuser Co. PDF CV 962166872 3,428 60,000 SH   SOLE   60,000 0 0
AbbVie Inc. COM 00287Y109 1,411 25,000 SH   SOLE   25,000 0 0
American Tower Corp. COM 03027X100 1,080 12,000 SH   SOLE   12,000 0 0
AT&T Inc. COM 00206R102 2,475 70,000 SH   SOLE   70,000 0 0
B&G Foods, Inc. COM 05508R106 490 15,000 SH   SOLE   15,000 0 0
BlackRock Kelso Capital Corp. COM 92533108 1,194 131,034 SH   SOLE   131,034 0 0
Church & Dwight Co., Inc. COM 171340102 1,399 20,000 SH   SOLE   20,000 0 0
Citigroup Inc. COM 172967424 921 19,546 SH   SOLE   19,546 0 0
ConAgra Foods, Inc. COM 205887102 1,336 45,000 SH   SOLE   45,000 0 0
ConocoPhillips COM 20825C104 2,296 26,782 SH   SOLE   26,782 0 0
Eli Lilly & Co. COM 532457108 933 15,000 SH   SOLE   15,000 0 0
EMC Corp. COM 268648102 1,844 70,000 SH   SOLE   70,000 0 0
Ford Motor Co. COM 345370860 1,724 100,000 SH   SOLE   100,000 0 0
General Electric Co. COM 369604103 1,314 50,000 SH   SOLE   50,000 0 0
Halcon Resources Corp. COM 40537Q209 20 2,760 SH   SOLE   2,760 0 0
Intel Corp. COM 458140100 927 30,000 SH   SOLE   30,000 0 0
Invesco Mortgage Capital Inc. COM 46131B100 1,019 58,700 SH   SOLE   58,700 0 0
Kinder Morgan, Inc. COM 49456B101 1,632 45,000 SH   SOLE   45,000 0 0
Merck & Co., Inc. COM 58933Y105 1,310 22,651 SH   SOLE   22,651 0 0
MetLife, Inc. COM 59156R108 1,492 26,855 SH   SOLE   26,855 0 0
Microsoft Corp. COM 594918104 1,193 28,600 SH   SOLE   28,600 0 0
Pfizer Inc. COM 717081103 1,187 40,000 SH   SOLE   40,000 0 0
Roche Holdings Ltd. COM 771195104 466 12,500 SH   SOLE   12,500 0 0
SBA Communications Corp. COM 78388J106 2,097 20,500 SH   SOLE   20,500 0 0
Stratasys Ltd. COM M85548101 1,136 10,000 SH   SOLE   10,000 0 0
Verizon Communications Inc. COM 92343V104 1,725 35,260 SH   SOLE   35,260 0 0
Vodafone Group Plc (ADR) COM 92857W308 1,700 50,909 SH   SOLE   50,909 0 0
Walt Disney Co. COM 254687106 1,286 15,000 SH   SOLE   15,000 0 0
Wells Fargo & Co. COM 949746101 1,167 22,200 SH   SOLE   22,200 0 0