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
2X BDC Index COM 90267b765 5,910 300,000 SH   SOLE   300,000 0 0
Aarons Inc COM 002535300 2,278 71,200 SH   SOLE   71,200 0 0
Abbvie COM 00287y109 2,628 41,975 SH   SOLE   41,975 0 0
Advance Auto Parts COM 00751Y106 2,503 14,800 SH   SOLE   14,800 0 0
American Express COM 025816109 1,248 16,850 SH   SOLE   16,850 0 0
AmerisourceBergen COM 03073e105 2,899 37,075 SH   SOLE   37,075 0 0
Amgen Inc COM 031162100 4,269 29,200 SH   SOLE   29,200 0 0
Apple Inc. COM 037833100 6,386 55,139 SH   SOLE   55,139 0 0
BP p.l.c COM 055622104 319 8,525 SH   SOLE   8,525 0 0
CVS Caremark COM 126650100 4,088 51,803 SH   SOLE   51,803 0 0
ChevronTexaco Corp COM 166764100 1,458 12,385 SH   SOLE   12,385 0 0
Chicago Bridge & Iron COM 167250109 2,802 88,250 SH   SOLE   88,250 0 0
Chubb Ltd COM h1467j104 2,438 18,450 SH   SOLE   18,450 0 0
Cisco Systems Inc COM 17275r102 5,798 191,875 SH   SOLE   191,875 0 0
Cognizant Tech COM 192446102 3,649 65,125 SH   SOLE   65,125 0 0
Cohen & Steers Quality REIT COM 19247L106 342 28,000 SH   SOLE   28,000 0 0
Dell Technologies COM 24703L103 276 5,012 SH   SOLE   5,012 0 0
Devon Energy Corp COM 25179M103 1,094 23,950 SH   SOLE   23,950 0 0
Dick's Sporting Goods COM 253393102 802 15,100 SH   SOLE   15,100 0 0
ENSCO Intl COM G3157S106 167 17,163 SH   SOLE   17,163 0 0
ETRACS Alerian MLP COM 902641646 239 8,425 SH   SOLE   8,425 0 0
Eaton Corp COM g29183103 1,639 24,425 SH   SOLE   24,425 0 0
Express Scripts COM 30219g108 3,790 55,100 SH   SOLE   55,100 0 0
F5 Networks Inc COM 315616102 1,980 13,685 SH   SOLE   13,685 0 0
Facebook COM 30303M102 1,680 14,600 SH   SOLE   14,600 0 0
FedEx COM 31428x106 7,597 40,800 SH   SOLE   40,800 0 0
Fifth Street Finance COM 31678a103 1,191 221,780 SH   SOLE   221,780 0 0
First Robinson Fin COM 336188107 537 13,500 SH   SOLE   13,500 0 0
General Electric COM 369604103 1,898 60,063 SH   SOLE   60,063 0 0
General Motors COM 37045v100 1,014 29,097 SH   SOLE   29,097 0 0
Gilead Sciences COM 375558103 3,110 43,425 SH   SOLE   43,425 0 0
Google A COM 02079K305 3,639 4,592 SH   SOLE   4,592 0 0
Hanesbrands COM 410345102 2,602 120,650 SH   SOLE   120,650 0 0
Harley-Davidson COM 412822108 1,657 28,400 SH   SOLE   28,400 0 0
Home Depot COM 437076102 644 4,800 SH   SOLE   4,800 0 0
Intel Corp. COM 458140100 3,123 86,110 SH   SOLE   86,110 0 0
J.P. Morgan Chase COM 46625H100 5,435 62,987 SH   SOLE   62,987 0 0
Johnson & Johnson COM 478160104 2,825 24,523 SH   SOLE   24,523 0 0
Macy's Inc COM 55616P104 1,660 46,350 SH   SOLE   46,350 0 0
Medley Capital COM 58503f106 1,262 168,055 SH   SOLE   168,055 0 0
Metlife Inc COM 59156r108 1,929 35,800 SH   SOLE   35,800 0 0
Microsoft COM 594918104 2,523 40,600 SH   SOLE   40,600 0 0
Nike Inc., Cl-B COM 654106103 2,465 48,502 SH   SOLE   48,502 0 0
Oracle Systems COM 68389X105 1,503 39,100 SH   SOLE   39,100 0 0
PayPal Holdings COM 70450Y103 1,879 47,600 SH   SOLE   47,600 0 0
PennantPark Invt COM 708062104 1,074 140,250 SH   SOLE   140,250 0 0
Pepsico Inc. COM 713448108 1,818 17,375 SH   SOLE   17,375 0 0
Prospect Capital Corp COM 74348t102 291 34,818 SH   SOLE   34,818 0 0
Qualcomm Inc COM 747525103 289 4,425 SH   SOLE   4,425 0 0
SPDR Trust Unit COM 78462F103 356 1,592 SH   SOLE   1,592 0 0
Schlumberger Ltd COM 806857108 2,095 24,951 SH   SOLE   24,951 0 0
Solar Capital COM 83413u100 1,533 73,625 SH   SOLE   73,625 0 0
Sysco Corp COM 871829107 604 10,900 SH   SOLE   10,900 0 0
TJX Companies Inc COM 872540109 256 3,404 SH   SOLE   3,404 0 0
Target Corp COM 87612e106 441 6,100 SH   SOLE   6,100 0 0
Union Pacific COM 907818108 4,590 44,275 SH   SOLE   44,275 0 0
United Continental Holdings COM 910047109 4,890 67,100 SH   SOLE   67,100 0 0
United Therapeutics COM 91307c102 2,506 17,475 SH   SOLE   17,475 0 0
Vanguard REIT ETF COM 922908553 206 2,500 SH   SOLE   2,500 0 0
Verizon Comm. COM 92343v104 2,473 46,321 SH   SOLE   46,321 0 0
WESCO International COM 95082p105 1,644 24,700 SH   SOLE   24,700 0 0
Walt Disney Co. COM 254687106 4,070 39,056 SH   SOLE   39,056 0 0
Wells Fargo COM 949746101 1,817 32,975 SH   SOLE   32,975 0 0
Zimmer Biomet COM 98956p102 3,781 36,640 SH   SOLE   36,640 0 0
Stericycle 5.25 PRD 858912207 710 11,220 SH   SOLE   11,220 0 0
BlackRock Core Bond Trust COM 09249E101 1,659 127,500 SH   SOLE   127,500 0 0
Blackstone Strategic COM 09257r101 1,576 102,735 SH   SOLE   102,735 0 0
DWS High Income COM 25158y102 1,266 87,890 SH   SOLE   87,890 0 0
Eaton Vance Ltd Dur COM 27828h105 2,150 156,698 SH   SOLE   156,698 0 0
J Hancock Pfd Inc COM 41013W108 3,759 184,725 SH   SOLE   184,725 0 0
Pimco Muni Income II COM 72200w106 3,330 272,500 SH   SOLE   272,500 0 0
Pimco Total Return COM 693390700 122 12,161 SH   SOLE   12,161 0 0
WFC Adv Income COM 94987b105 1,997 235,459 SH   SOLE   235,459 0 0
WFC Adv Multi Sect COM 94987d101 1,919 149,555 SH   SOLE   149,555 0 0
Capital One Ser H 6.0 PRD 14040H840 249 10,000 SH   SOLE   10,000 0 0
JP Morgan 6.125 PRD 48127r461 2,039 80,435 SH   SOLE   80,435 0 0
Ryl Bk Scotland 7.25 PRD 780097879 1,006 39,745 SH   SOLE   39,745 0 0
Wells Fargo 5.7 PRD 94988u714 1,271 53,725 SH   SOLE   53,725 0 0