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
1/100 Berkshire Hathaway A (10 COM 084990175 586 300 SH   SOLE   300 0 0
3M Company COM 88579y101 12,194 86,016 SH   SOLE   86,016 0 0
ABB Ltd-Spon ADR COM 000375204 3,253 184,076 SH   SOLE   184,076 0 0
AGL Resources Inc COM 001204106 4,049 66,329 SH   SOLE   66,329 0 0
AT&T Inc COM 00206r102 6,808 208,966 SH   SOLE   208,966 0 0
AbbVie Inc COM 00287y109 8,121 149,258 SH   SOLE   149,258 0 0
Abbott Laboratories COM 002824100 8,493 211,164 SH   SOLE   211,164 0 0
Accenture PLC-Cl A COM g1151c101 4,015 40,856 SH   SOLE   40,856 0 0
Adobe Systems Inc COM 00724f101 555 6,752 SH   SOLE   6,752 0 0
Aetna Inc COM 00817Y108 783 7,157 SH   SOLE   7,157 0 0
Aflac Inc COM 001055102 437 7,511 SH   SOLE   7,511 0 0
Agilent Technologies Inc COM 00846u101 651 18,965 SH   SOLE   18,965 0 0
Air Products & Chemicals Inc COM 009158106 5,022 39,366 SH   SOLE   39,366 0 0
Alerian MLP ETF COM 00162q866 202 16,178 SH   SOLE   16,178 0 0
Allegion PLC COM g0176j109 217 3,767 SH   SOLE   3,767 0 0
Allergan plc (new) COM g0177j108 901 3,316 SH   SOLE   3,316 0 0
Alliance Data Systems Corp COM 018581108 269 1,037 SH   SOLE   1,037 0 0
Allstate Corp COM 020002101 321 5,512 SH   SOLE   5,512 0 0
Alphabet Inc-Cl A COM 02079k305 3,057 4,788 SH   SOLE   4,788 0 0
Alphabet Inc-Cl C COM 02079k107 2,653 4,360 SH   SOLE   4,360 0 0
Altria Group Inc COM 02209s103 8,371 153,876 SH   SOLE   153,876 0 0
AmTrust Financial Services COM 032359309 279 4,431 SH   SOLE   4,431 0 0
Amarillo Gold Corp COM 02301t108 79 1,400,000 SH   SOLE   1,400,000 0 0
Amazon.com Inc COM 023135106 353 689 SH   SOLE   689 0 0
American Apparel Inc COM 023850100 9 83,600 SH   SOLE   83,600 0 0
American Electric Power COM 025537101 473 8,327 SH   SOLE   8,327 0 0
American Express Co COM 025816109 2,608 35,188 SH   SOLE   35,188 0 0
American International Group COM 026874784 287 5,050 SH   SOLE   5,050 0 0
AmerisourceBergen Corp COM 03073e105 363 3,821 SH   SOLE   3,821 0 0
Amgen Inc COM 031162100 2,180 15,763 SH   SOLE   15,763 0 0
Anthem Inc COM 036752103 2,718 19,412 SH   SOLE   19,412 0 0
Apple Inc COM 037833100 26,406 239,398 SH   SOLE   239,398 0 0
Archer-Daniels-Midland Co COM 039483102 705 17,018 SH   SOLE   17,018 0 0
Automatic Data Processing COM 053015103 11,978 149,052 SH   SOLE   149,052 0 0
Avago Technologies Ltd COM y0486s104 406 3,251 SH   SOLE   3,251 0 0
BCE Inc COM 05534b760 2,413 58,918 SH   SOLE   58,918 0 0
Bank Of Marin Bancorp/CA COM 063425102 702 14,637 SH   SOLE   14,637 0 0
Bank of America Corp COM 060505104 5,802 372,407 SH   SOLE   372,407 0 0
Bank of Montreal COM 063671101 265 4,865 SH   SOLE   4,865 0 0
Baxalta Inc COM 07177m103 260 8,266 SH   SOLE   8,266 0 0
Baxter International Inc. COM 071813109 288 8,772 SH   SOLE   8,772 0 0
Becton Dickinson & Co COM 075887109 1,714 12,919 SH   SOLE   12,919 0 0
Berkshire Hathaway Inc-Cl B COM 084670702 2,951 22,628 SH   SOLE   22,628 0 0
Biogen Idec Inc COM 09062x103 1,638 5,613 SH   SOLE   5,613 0 0
Blackrock Inc COM 09247x101 472 1,586 SH   SOLE   1,586 0 0
Blackstone Group/The COM 09253u108 556 17,555 SH   SOLE   17,555 0 0
Boeing Co COM 097023105 2,882 22,012 SH   SOLE   22,012 0 0
Bristol-Myers Squibb Co COM 110122108 16,477 278,324 SH   SOLE   278,324 0 0
Brown-Forman Corp -Cl B COM 115637209 213 2,197 SH   SOLE   2,197 0 0
CBS Corp-Class B COM 124857202 253 6,344 SH   SOLE   6,344 0 0
CF Industries Holdings Inc COM 125269100 238 5,298 SH   SOLE   5,298 0 0
CVS Health Corp COM 126650100 4,716 48,879 SH   SOLE   48,879 0 0
Canadian Natl Railway Co COM 136375102 218 3,840 SH   SOLE   3,840 0 0
CarMax Inc COM 143130102 220 3,703 SH   SOLE   3,703 0 0
Cardinal Health Inc COM 14149Y108 296 3,850 SH   SOLE   3,850 0 0
Carlyle Group/The COM 14309l102 1,079 64,250 SH   SOLE   64,250 0 0
Caterpillar Inc COM 149123101 2,059 31,503 SH   SOLE   31,503 0 0
Celgene Corp COM 151020104 674 6,229 SH   SOLE   6,229 0 0
CenterPoint Energy Inc COM 15189t107 1,664 92,267 SH   SOLE   92,267 0 0
Cerner Corp COM 156782104 2,568 42,836 SH   SOLE   42,836 0 0
Cerus Corp COM 157085101 45 10,000 SH   SOLE   10,000 0 0
Check Point Software Tech COM m22465104 643 8,104 SH   SOLE   8,104 0 0
Chevron Corp COM 166764100 19,757 250,472 SH   SOLE   250,472 0 0
Chubb Corp COM 171232101 3,771 30,742 SH   SOLE   30,742 0 0
Cigna Corp COM 125509109 420 3,111 SH   SOLE   3,111 0 0
Cincinnati Financial Corp COM 172062101 313 5,815 SH   SOLE   5,815 0 0
Cisco Systems Inc COM 17275R102 3,030 115,425 SH   SOLE   115,425 0 0
Citigroup Inc COM 172967424 286 5,769 SH   SOLE   5,769 0 0
Clorox Company COM 189054109 10,495 90,839 SH   SOLE   90,839 0 0
Coca-Cola Co/The COM 191216100 4,837 120,558 SH   SOLE   120,558 0 0
Colgate-Palmolive Co COM 194162103 8,567 134,991 SH   SOLE   134,991 0 0
Comcast Corp-Cl A COM 20030n101 7,524 132,283 SH   SOLE   132,283 0 0
ConAgra Foods Inc COM 205887102 1,264 31,204 SH   SOLE   31,204 0 0
ConocoPhillips COM 20825C104 10,568 220,359 SH   SOLE   220,359 0 0
Consolidated Edison Inc COM 209115104 1,038 15,528 SH   SOLE   15,528 0 0
Costco Wholesale Corp COM 22160K105 14,050 97,187 SH   SOLE   97,187 0 0
Crown Castle Intl Corp COM 22822v101 8,576 108,741 SH   SOLE   108,741 0 0
DTE Energy Company COM 233331107 245 3,047 SH   SOLE   3,047 0 0
Danaher Corp COM 235851102 4,626 54,292 SH   SOLE   54,292 0 0
Deere & Co COM 244199105 1,135 15,332 SH   SOLE   15,332 0 0
Diageo Plc-Sponsored ADR COM 25243q205 400 3,708 SH   SOLE   3,708 0 0
Dick's Sporting Goods Inc COM 253393102 778 15,688 SH   SOLE   15,688 0 0
Disney Co./Walt The COM 254687106 11,921 116,648 SH   SOLE   116,648 0 0
Dominion Resources Inc/Va COM 25746u109 545 7,738 SH   SOLE   7,738 0 0
Dow Chemical COM 260543103 456 10,743 SH   SOLE   10,743 0 0
Dr Pepper Snapple Group Inc COM 26138e109 906 11,456 SH   SOLE   11,456 0 0
Du Pont (E.I.) De Nemours COM 263534109 5,717 118,618 SH   SOLE   118,618 0 0
Duke Energy Corp COM 26441c204 727 10,103 SH   SOLE   10,103 0 0
EGShares Emerging Markets Cons COM 268461779 3,386 155,890 SH   SOLE   155,890 0 0
EMC Corp Mass COM 268648102 508 21,031 SH   SOLE   21,031 0 0
ETFS Physical Precious Metals COM 26922w109 420 7,585 SH   SOLE   7,585 0 0
Eaton Corp PLC COM g29183103 886 17,262 SH   SOLE   17,262 0 0
Ecolab Inc COM 278865100 8,607 78,449 SH   SOLE   78,449 0 0
Edison International COM 281020107 4,849 76,882 SH   SOLE   76,882 0 0
Eli Lilly & Co COM 532457108 5,176 61,851 SH   SOLE   61,851 0 0
Emerson Electric Co COM 291011104 1,415 32,024 SH   SOLE   32,024 0 0
Encounter Technologies Inc COM 29259j303 0 62,000 SH   SOLE   62,000 0 0
Enterprise Products Partners COM 293792107 1,019 40,929 SH   SOLE   40,929 0 0
Equity Residential COM 29476l107 245 3,265 SH   SOLE   3,265 0 0
Essex Property Trust Inc COM 297178105 411 1,840 SH   SOLE   1,840 0 0
Eurasian Minerals Inc COM 29843r100 25 54,086 SH   SOLE   54,086 0 0
Eversource Energy COM 30040w108 323 6,386 SH   SOLE   6,386 0 0
Express Scripts Holding Co. COM 30219g108 1,229 15,175 SH   SOLE   15,175 0 0
Exxon Mobil Corp COM 30231G102 11,516 154,886 SH   SOLE   154,886 0 0
Facebook Inc COM 30303m102 636 7,072 SH   SOLE   7,072 0 0
FedEx Corp COM 31428x106 580 4,026 SH   SOLE   4,026 0 0
First Republic Bank/San Franci COM 33616C100 208 3,317 SH   SOLE   3,317 0 0
First Trust Dividend Leaders I COM 336917109 1,209 54,619 SH   SOLE   54,619 0 0
First Trust Mid Cap Growth Alp COM 33737m102 816 29,008 SH   SOLE   29,008 0 0
First Trust Mid Cap Value ETF COM 33737m201 247 9,168 SH   SOLE   9,168 0 0
First Trust Rising Dividend Ac COM 33738r506 261 12,806 SH   SOLE   12,806 0 0
Flagstar Bancorp Inc COM 337930705 206 10,000 SH   SOLE   10,000 0 0
Ford Motor Co COM 345370860 1,563 115,203 SH   SOLE   115,203 0 0
Fortinet Inc COM 34959e109 376 8,854 SH   SOLE   8,854 0 0
Franklin Resources Inc COM 354613101 365 9,800 SH   SOLE   9,800 0 0
Freeport McMoRan Inc-B COM 35671d857 257 26,511 SH   SOLE   26,511 0 0
Frontier Communications Corp COM 35906a108 76 15,937 SH   SOLE   15,937 0 0
GaveKal Knowledge Leaders Deve COM 30151e608 258 11,050 SH   SOLE   11,050 0 0
General Dynamics Corp COM 369550108 2,156 15,630 SH   SOLE   15,630 0 0
General Electric Co COM 369604103 18,046 715,555 SH   SOLE   715,555 0 0
General Mills Inc COM 370334104 5,231 93,188 SH   SOLE   93,188 0 0
Genuine Parts Co COM 372460105 4,974 60,008 SH   SOLE   60,008 0 0
Gilead Sciences Inc COM 375558103 2,296 23,380 SH   SOLE   23,380 0 0
GlaxoSmithKline Plc-ADR COM 37733w105 1,482 38,537 SH   SOLE   38,537 0 0
Global Brands Group Holding COM g39338101 2 10,000 SH   SOLE   10,000 0 0
Global X SuperIncome Preferred COM 37950e333 197 14,643 SH   SOLE   14,643 0 0
Goldman Sachs Group Inc COM 38141G104 435 2,506 SH   SOLE   2,506 0 0
Grainger (W.W.) Inc COM 384802104 392 1,823 SH   SOLE   1,823 0 0
Great Plains Energy Inc COM 391164100 563 20,825 SH   SOLE   20,825 0 0
Guggenheim Russell Top 50 ETF COM 78355w205 665 5,006 SH   SOLE   5,006 0 0
Guggenheim S&P Equal Weight COM 78355w106 612 8,324 SH   SOLE   8,324 0 0
H&R Block Inc COM 093671105 360 9,950 SH   SOLE   9,950 0 0
HCP Inc COM 40414l109 5,189 139,306 SH   SOLE   139,306 0 0
HP Inc COM 40434l105 1,647 64,329 SH   SOLE   64,329 0 0
HPEV Inc COM 404273104 4 17,800 SH   SOLE   17,800 0 0
Hain Celestial Group Inc COM 405217100 215 4,168 SH   SOLE   4,168 0 0
Harman International COM 413086109 817 8,514 SH   SOLE   8,514 0 0
Hershey Co/The COM 427866108 221 2,403 SH   SOLE   2,403 0 0
Hess Corp COM 42809h107 360 7,200 SH   SOLE   7,200 0 0
Home Depot Inc COM 437076102 7,804 67,572 SH   SOLE   67,572 0 0
Honeywell International Inc COM 438516106 4,724 49,888 SH   SOLE   49,888 0 0
Hormel Foods Corp COM 440452100 526 8,301 SH   SOLE   8,301 0 0
Illinois Tool Works COM 452308109 523 6,357 SH   SOLE   6,357 0 0
Illumina Inc COM 452327109 272 1,549 SH   SOLE   1,549 0 0
Ingersoll-Rand PLC COM g47791101 1,400 27,571 SH   SOLE   27,571 0 0
Integral Technologies Inc COM 45810j103 9 17,000 SH   SOLE   17,000 0 0
Intel Corp COM 458140100 12,381 410,779 SH   SOLE   410,779 0 0
Intl Business Machines Corp COM 459200101 5,404 37,276 SH   SOLE   37,276 0 0
Intl Flavors & Fragrances COM 459506101 653 6,325 SH   SOLE   6,325 0 0
Intrexon Corp COM 46122t102 297 9,350 SH   SOLE   9,350 0 0
Intuit Inc COM 461202103 233 2,621 SH   SOLE   2,621 0 0
Ivanhoe Mines Ltd COM 46579r104 100 200,000 SH   SOLE   200,000 0 0
JPMorgan Chase & Co COM 46625H100 7,451 122,201 SH   SOLE   122,201 0 0
Jacobs Engineering Group Inc COM 469814107 260 6,944 SH   SOLE   6,944 0 0
Johnson & Johnson COM 478160104 21,113 226,170 SH   SOLE   226,170 0 0
Johnson Controls Inc COM 478366107 1,428 34,521 SH   SOLE   34,521 0 0
Keysight Technologies Inc COM 49338l103 249 8,081 SH   SOLE   8,081 0 0
Kimberly-Clark Corp COM 494368103 11,563 106,043 SH   SOLE   106,043 0 0
Kinder Morgan Inc COM 49456b101 6,963 251,545 SH   SOLE   251,545 0 0
Kohl's Corp COM 500255104 232 5,000 SH   SOLE   5,000 0 0
Kraft Heinz Co/The COM 500754106 2,271 32,180 SH   SOLE   32,180 0 0
L-3 Communications Holdings COM 502424104 290 2,771 SH   SOLE   2,771 0 0
Laboratory Corp Of Amer Hldgs COM 50540r409 1,746 16,097 SH   SOLE   16,097 0 0
Leggett & Platt Inc COM 524660107 304 7,370 SH   SOLE   7,370 0 0
Li & Fung Ltd COM g5485f169 8 10,000 SH   SOLE   10,000 0 0
Linn Energy LLC-Units COM 536020100 41 15,100 SH   SOLE   15,100 0 0
Lockheed Martin Corp COM 539830109 3,297 15,901 SH   SOLE   15,901 0 0
Lowe's Cos Inc COM 548661107 4,071 59,071 SH   SOLE   59,071 0 0
Lululemon Athletica Inc COM 550021109 399 7,884 SH   SOLE   7,884 0 0
MabVax Therapeutics Holdings COM 55414p108 54 50,000 SH   SOLE   50,000 0 0
Macy's Inc COM 55616p104 1,553 30,260 SH   SOLE   30,260 0 0
Manulife Financial Corp COM 56501r106 568 36,701 SH   SOLE   36,701 0 0
Marathon Petroleum Corp COM 56585a102 309 6,664 SH   SOLE   6,664 0 0
Market Vectors Pharmaceutical COM 57060u217 504 8,000 SH   SOLE   8,000 0 0
Marriott International-Cl A COM 571903202 2,290 33,571 SH   SOLE   33,571 0 0
McCormick & Co-Non Votung Shrs COM 579780206 1,919 23,354 SH   SOLE   23,354 0 0
McDonald's Corp COM 580135101 9,903 100,510 SH   SOLE   100,510 0 0
McGraw Hill Financial Inc COM 580645109 880 10,176 SH   SOLE   10,176 0 0
Medical Properties Trust Inc COM 58463j304 201 18,169 SH   SOLE   18,169 0 0
Medtronic PLC COM g5960l103 5,504 82,218 SH   SOLE   82,218 0 0
Merck & Co. Inc. COM 58933y105 7,137 144,502 SH   SOLE   144,502 0 0
Microsoft Corp COM 594918104 8,123 183,530 SH   SOLE   183,530 0 0
Mondelez International COM 609207105 2,438 58,218 SH   SOLE   58,218 0 0
Morgan Stanley COM 617446448 2,563 81,350 SH   SOLE   81,350 0 0
Mylan NV COM n59465109 1,544 38,360 SH   SOLE   38,360 0 0
NXP Semiconductors Nv COM n6596x109 942 10,816 SH   SOLE   10,816 0 0
Nestle Sa-Spons ADR For Reg COM 641069406 4,554 60,521 SH   SOLE   60,521 0 0
NextEra Energy Inc COM 65339f101 11,020 112,968 SH   SOLE   112,968 0 0
Nike Inc -Cl B COM 654106103 9,598 78,055 SH   SOLE   78,055 0 0
Nordstrom Inc COM 655664100 482 6,716 SH   SOLE   6,716 0 0
Norfolk Southern Corp COM 655844108 390 5,111 SH   SOLE   5,111 0 0
NorthStar Realty Finance COM 66704r803 183 14,801 SH   SOLE   14,801 0 0
Novartis Ag-ADR COM 66987v109 3,984 43,347 SH   SOLE   43,347 0 0
Novo-Nordisk A/S-Spons ADR COM 670100205 257 4,745 SH   SOLE   4,745 0 0
Occidental Petroleum Corp COM 674599105 6,308 95,353 SH   SOLE   95,353 0 0
Ocean Power Corp COM 674869201 0 201,576 SH   SOLE   201,576 0 0
Oracle Corp COM 68389x105 4,421 122,405 SH   SOLE   122,405 0 0
P G & E Corp COM 69331c108 483 9,152 SH   SOLE   9,152 0 0
PPG Industries Inc COM 693506107 311 3,551 SH   SOLE   3,551 0 0
Paccar Inc COM 693718108 1,547 29,651 SH   SOLE   29,651 0 0
Palo Alto Networks COM 697435105 956 5,558 SH   SOLE   5,558 0 0
Pentair PLC COM g7s00t104 212 4,151 SH   SOLE   4,151 0 0
PepsiCo Inc COM 713448108 7,809 82,815 SH   SOLE   82,815 0 0
Pfizer Inc COM 717081103 7,961 253,458 SH   SOLE   253,458 0 0
Philip Morris International COM 718172109 1,827 23,030 SH   SOLE   23,030 0 0
Phillips 66 COM 718546104 221 2,871 SH   SOLE   2,871 0 0
Piedmont Mining Co Inc COM 720172105 0 10,000 SH   SOLE   10,000 0 0
Piedmont Office Realty Trust COM 720190206 376 21,000 SH   SOLE   21,000 0 0
Potash Corp Of Saskatchewan COM 73755l107 550 26,765 SH   SOLE   26,765 0 0
PowerShares Buyback Achievers COM 73935x286 219 5,010 SH   SOLE   5,010 0 0
PowerShares Preferred Portfoli COM 73936t565 6,660 456,806 SH   SOLE   456,806 0 0
PowerShares S&P Low Volatility COM 73937b779 221 6,137 SH   SOLE   6,137 0 0
Powershares QQQ NASDAQ 100 Tru COM 73935a104 2,346 23,053 SH   SOLE   23,053 0 0
Praxair Inc COM 74005p104 2,093 20,550 SH   SOLE   20,550 0 0
Preferred Apartment Communitie COM 74039l103 2,569 236,100 SH   SOLE   236,100 0 0
ProLogis Inc COM 74340w103 364 9,369 SH   SOLE   9,369 0 0
Procter & Gamble Co COM 742718109 19,088 265,335 SH   SOLE   265,335 0 0
Public Service Enterprise Grou COM 744573106 1,951 46,283 SH   SOLE   46,283 0 0
Qualcomm Inc COM 747525103 309 5,745 SH   SOLE   5,745 0 0
Quest Diagnostics COM 74834l100 223 3,625 SH   SOLE   3,625 0 0
Realty Income Corp COM 756109104 8,425 177,774 SH   SOLE   177,774 0 0
Regeneron Pharmaceuticals Inc COM 75886f107 510 1,096 SH   SOLE   1,096 0 0
Retail Properties of America COM 76131v202 541 38,393 SH   SOLE   38,393 0 0
Robert Half Intl Inc COM 770323103 246 4,800 SH   SOLE   4,800 0 0
Roche Holdings LTD-Spons ADR COM 771195104 2,746 83,325 SH   SOLE   83,325 0 0
Royal Dutch Shell Plc-ADR A COM 780259206 1,521 32,097 SH   SOLE   32,097 0 0
SAP SE-Sponsored ADR COM 803054204 567 8,756 SH   SOLE   8,756 0 0
SPDR Consumer Discretionary Se COM 81369y407 5,212 70,188 SH   SOLE   70,188 0 0
SPDR Consumer Staples Select S COM 81369y308 4,483 94,999 SH   SOLE   94,999 0 0
SPDR Dow Jones Industrial Aver COM 78467x109 751 4,621 SH   SOLE   4,621 0 0
SPDR Energy Select Sector COM 81369y506 2,188 35,757 SH   SOLE   35,757 0 0
SPDR Financial Select Sector COM 81369y605 3,939 173,840 SH   SOLE   173,840 0 0
SPDR Gold Trust COM 78463v107 769 7,200 SH   SOLE   7,200 0 0
SPDR Health Care Select Sector COM 81369y209 5,632 85,042 SH   SOLE   85,042 0 0
SPDR Industrial Select Sector COM 81369y704 3,555 71,258 SH   SOLE   71,258 0 0
SPDR Materials Select Sector COM 81369y100 1,142 28,618 SH   SOLE   28,618 0 0
SPDR S&P 500 Index Trust Serie COM 78462f103 7,336 38,285 SH   SOLE   38,285 0 0
SPDR S&P Biotech ETF COM 78464a870 287 4,615 SH   SOLE   4,615 0 0
SPDR S&P Dividend ETF COM 78464a763 9,832 136,256 SH   SOLE   136,256 0 0
SPDR S&P MidCap 400 ETF Trust COM 78467y107 8,587 34,503 SH   SOLE   34,503 0 0
SPDR Technology Select Sector COM 81369y803 7,266 183,946 SH   SOLE   183,946 0 0
SPDR Utilities Select Sector COM 81369y886 806 18,617 SH   SOLE   18,617 0 0
Salesforce.Com Inc COM 79466l302 1,255 18,077 SH   SOLE   18,077 0 0
Sanofi-ADR COM 80105n105 4,384 92,356 SH   SOLE   92,356 0 0
Scana Corp COM 80589m102 713 12,674 SH   SOLE   12,674 0 0
Scandium International Mining COM 80600l109 3 23,400 SH   SOLE   23,400 0 0
Schlumberger Ltd COM 806857108 513 7,440 SH   SOLE   7,440 0 0
Schwab (Charles) Corp COM 808513105 690 24,162 SH   SOLE   24,162 0 0
Schwab US Broad Market ETF COM 808524102 1,579 34,047 SH   SOLE   34,047 0 0
Schwab US Dividend Equity ETF COM 808524797 931 25,906 SH   SOLE   25,906 0 0
Schwab US Large-Cap ETF COM 808524201 2,166 47,340 SH   SOLE   47,340 0 0
Schwab US Mid-Cap ETF COM 808524508 2,108 54,153 SH   SOLE   54,153 0 0
Schwab US Small-Cap ETF COM 808524607 994 19,567 SH   SOLE   19,567 0 0
Sempra Energy COM 816851109 1,878 19,416 SH   SOLE   19,416 0 0
Sherwin-Williams Co COM 824348106 229 1,030 SH   SOLE   1,030 0 0
Sierra Vista Bank COM 82651b105 73 20,000 SH   SOLE   20,000 0 0
Sigma-Aldrich COM 826552101 413 2,970 SH   SOLE   2,970 0 0
Silvercorp Metals Inc COM 82835p103 6 10,000 SH   SOLE   10,000 0 0
Simon Property Group Inc COM 828806109 215 1,170 SH   SOLE   1,170 0 0
Sirius XM Holdings Inc COM 82968b103 567 151,484 SH   SOLE   151,484 0 0
Skyworks Solutions Inc COM 83088m102 270 3,207 SH   SOLE   3,207 0 0
Southern Co COM 842587107 2,279 50,994 SH   SOLE   50,994 0 0
Spectra Energy Corp COM 847560109 2,110 80,332 SH   SOLE   80,332 0 0
Spectral Medical Inc COM 847577103 13 25,000 SH   SOLE   25,000 0 0
Sprott Physical Gold Trust COM 85207h104 126 13,737 SH   SOLE   13,737 0 0
Sprott Resource Corp COM 85207d103 90 200,000 SH   SOLE   200,000 0 0
St Jude Medical Inc COM 790849103 774 12,264 SH   SOLE   12,264 0 0
Stanley Black & Decker Inc COM 854502101 4,843 49,935 SH   SOLE   49,935 0 0
Starbucks Corp COM 855244109 5,584 98,240 SH   SOLE   98,240 0 0
State Street Corp COM 857477103 231 3,430 SH   SOLE   3,430 0 0
Stryker Corp COM 863667101 278 2,957 SH   SOLE   2,957 0 0
Sysco Corp COM 871829107 384 9,843 SH   SOLE   9,843 0 0
T Rowe Price Group Inc COM 74144t108 474 6,814 SH   SOLE   6,814 0 0
TD Ameritrade Holding Corp COM 87236y108 1,522 47,812 SH   SOLE   47,812 0 0
TJX Companies Inc COM 872540109 531 7,429 SH   SOLE   7,429 0 0
Target Corp COM 87612e106 8,372 106,433 SH   SOLE   106,433 0 0
Taseko Mines Ltd COM 876511106 16 40,000 SH   SOLE   40,000 0 0
Teco Energy Inc COM 872375100 4,360 166,041 SH   SOLE   166,041 0 0
Tesla Motors Inc COM 88160r101 497 2,000 SH   SOLE   2,000 0 0
Teva Pharmaceutical-Sp ADR COM 881624209 420 7,438 SH   SOLE   7,438 0 0
Texas Instruments Inc COM 882508104 310 6,263 SH   SOLE   6,263 0 0
Thermo Fisher Scientific Inc COM 883556102 212 1,732 SH   SOLE   1,732 0 0
Time Warner Inc COM 887317303 1,316 19,144 SH   SOLE   19,144 0 0
Toronto-Dominion Bank COM 891160509 3,828 97,119 SH   SOLE   97,119 0 0
Toyota Motor Corp -Spon ADR COM 892331307 2,088 17,806 SH   SOLE   17,806 0 0
Travelers Cos Inc/The COM 89417e109 3,130 31,450 SH   SOLE   31,450 0 0
Tri-Valley Corporation COM 895735108 0 30,600 SH   SOLE   30,600 0 0
Turquoise Hill Resources Ltd COM 900435108 77 30,000 SH   SOLE   30,000 0 0
Twenty-First Century Fox-B (fo COM 90130a200 2,047 75,624 SH   SOLE   75,624 0 0
UDR Inc COM 902653104 244 7,080 SH   SOLE   7,080 0 0
US Bancorp COM 902973304 2,047 49,910 SH   SOLE   49,910 0 0
Unilever N V -NY Shares COM 904784709 3,248 80,798 SH   SOLE   80,798 0 0
Unilever Plc-Sponsored ADR COM 904767704 1,648 40,416 SH   SOLE   40,416 0 0
Union Pacific Corp COM 907818108 2,123 24,014 SH   SOLE   24,014 0 0
United Parcel Service-Cl B COM 911312106 8,399 85,109 SH   SOLE   85,109 0 0
United Technologies Corp COM 913017109 2,661 29,897 SH   SOLE   29,897 0 0
UnitedHealth Group Inc COM 91324P102 1,136 9,796 SH   SOLE   9,796 0 0
VF Corporation COM 918204108 344 5,040 SH   SOLE   5,040 0 0
Valeant Pharmaceuticals Intern COM 91911k102 386 2,166 SH   SOLE   2,166 0 0
Valero Energy Corp COM 91913Y100 222 3,700 SH   SOLE   3,700 0 0
Vanguard Consumer Discretionar COM 92204a108 389 3,297 SH   SOLE   3,297 0 0
Vanguard Consumer Staples Vipe COM 92204a207 286 2,360 SH   SOLE   2,360 0 0
Vanguard Dividend Appreciation COM 921908844 729 9,881 SH   SOLE   9,881 0 0
Vanguard FTSE Developed Market COM 921943858 1,452 40,750 SH   SOLE   40,750 0 0
Vanguard FTSE Emerging Markets COM 922042858 1,060 32,042 SH   SOLE   32,042 0 0
Vanguard Health Care Vipers COM 92204a504 261 2,130 SH   SOLE   2,130 0 0
Vanguard High Div Yield ETF COM 921946406 1,486 23,711 SH   SOLE   23,711 0 0
Vanguard Info Tech Vipers COM 92204a702 477 4,765 SH   SOLE   4,765 0 0
Vanguard Large-Cap Vipers ETF COM 922908637 368 4,179 SH   SOLE   4,179 0 0
Vanguard Mid-Cap COM 922908629 3,151 27,005 SH   SOLE   27,005 0 0
Vanguard REIT COM 922908553 745 9,866 SH   SOLE   9,866 0 0
Vanguard Small-Cap Vipers COM 922908751 3,670 34,001 SH   SOLE   34,001 0 0
Vanguard Total Stock Market COM 922908769 12,937 131,051 SH   SOLE   131,051 0 0
Varian Medical Systems Inc COM 92220P105 1,134 15,367 SH   SOLE   15,367 0 0
Verizon Communications Inc COM 92343v104 22,481 516,683 SH   SOLE   516,683 0 0
Visa Inc-Class A Shares COM 92826c839 787 11,304 SH   SOLE   11,304 0 0
Vornado Realty Trust COM 929042109 5,634 62,308 SH   SOLE   62,308 0 0
Voyant International Corp COM 92909w108 0 53,652 SH   SOLE   53,652 0 0
WEC Energy Group Inc COM 92939u106 4,911 94,039 SH   SOLE   94,039 0 0
Wal-Mart Stores Inc COM 931142103 1,016 15,663 SH   SOLE   15,663 0 0
Walgreens Boots Alliance Inc COM 931427108 10,882 130,945 SH   SOLE   130,945 0 0
Waste Management Inc COM 94106l109 8,484 170,318 SH   SOLE   170,318 0 0
Wells Fargo & Company COM 949746101 29,746 579,282 SH   SOLE   579,282 0 0
Westamerica Bancorportaion COM 957090103 570 12,828 SH   SOLE   12,828 0 0
Weyerhaeuser Co COM 962166104 709 25,915 SH   SOLE   25,915 0 0
Whirlpool Corp COM 963320106 2,030 13,786 SH   SOLE   13,786 0 0
White Mountains Insurance Grou COM g9618e107 738 988 SH   SOLE   988 0 0
Whole Foods Market Inc COM 966837106 4,441 140,310 SH   SOLE   140,310 0 0
Williams Cos Inc COM 969457100 7,221 195,966 SH   SOLE   195,966 0 0
Williams-Sonoma Inc COM 969904101 1,432 18,750 SH   SOLE   18,750 0 0
Xcel Energy Inc COM 98389b100 229 6,465 SH   SOLE   6,465 0 0
Yahoo! Inc COM 984332106 799 27,625 SH   SOLE   27,625 0 0
Yum! Brands Inc COM 988498101 358 4,476 SH   SOLE   4,476 0 0
Zebra Technologies Corp-Cl A COM 989207105 300 3,918 SH   SOLE   3,918 0 0
Zimmer Biomet Holdings Inc COM 98956p102 1,634 17,395 SH   SOLE   17,395 0 0
iShares DJ Select Dividend Ind COM 464287168 6,224 85,556 SH   SOLE   85,556 0 0
iShares DJ US Energy Sector COM 464287796 1,416 41,250 SH   SOLE   41,250 0 0
iShares DJ US Financial Sect COM 464287788 1,121 13,328 SH   SOLE   13,328 0 0
iShares DJ US Health Car Pro COM 464288828 254 2,052 SH   SOLE   2,052 0 0
iShares DJ US Telecommunicatio COM 464287713 597 22,129 SH   SOLE   22,129 0 0
iShares DJ US Transport Index COM 464287192 928 6,636 SH   SOLE   6,636 0 0
iShares Goldman Sachs Tech I COM 464287721 238 2,410 SH   SOLE   2,410 0 0
iShares Intl Select Div COM 464288448 774 27,510 SH   SOLE   27,510 0 0
iShares MSCI EAFE Index COM 464287465 1,215 21,199 SH   SOLE   21,199 0 0
iShares MSCI Emerging Markets COM 464287234 537 16,373 SH   SOLE   16,373 0 0
iShares MSCI Singapore Index COM 464286673 141 13,900 SH   SOLE   13,900 0 0
iShares MSCI USA Quality Facto COM 46432f339 713 11,794 SH   SOLE   11,794 0 0
iShares Nasdaq Biotech Index F COM 464287556 4,791 15,796 SH   SOLE   15,796 0 0
iShares Russell 1000 Growth COM 464287614 742 7,980 SH   SOLE   7,980 0 0
iShares Russell 1000 Value COM 464287598 216 2,318 SH   SOLE   2,318 0 0
iShares Russell 2000 Index Fun COM 464287655 479 4,382 SH   SOLE   4,382 0 0
iShares Russell Midcap Index COM 464287499 306 1,969 SH   SOLE   1,969 0 0
iShares Russell Midcap Value I COM 464287473 294 4,380 SH   SOLE   4,380 0 0
iShares S&P 100 Index Fund COM 464287101 1,827 21,551 SH   SOLE   21,551 0 0
iShares S&P 500 Index Fund COM 464287200 527 2,733 SH   SOLE   2,733 0 0
iShares S&P Europe 350 COM 464287861 2,959 74,340 SH   SOLE   74,340 0 0
iShares S&P Global 100 COM 464287572 596 8,621 SH   SOLE   8,621 0 0
iShares S&P Midcap 400 COM 464287507 1,345 9,846 SH   SOLE   9,846 0 0
iShares S&P Midcap 400/Value COM 464287705 377 3,270 SH   SOLE   3,270 0 0
iShares S&P SmallCap 600 COM 464287804 565 5,303 SH   SOLE   5,303 0 0
iShares S&P US Preferred Stock COM 464288687 9,120 236,262 SH   SOLE   236,262 0 0
AEGON 8.00% 2042 Notes Call 08 PFD 007924608 3,440 125,051 SH   SOLE   125,051 0 0
AON Cap 8.205% 1/27 Non-Call B PFD 22532r101 2,297 76,559 SH   SOLE   76,559 0 0
Affiliated Mgrs Grp 6.375% SrN PFD 008252876 343 13,183 SH   SOLE   13,183 0 0
AllState 6.75 2049 Call 10/201 PFD 020002606 283 10,689 SH   SOLE   10,689 0 0
Allied Capital ARCC6.875% 4/20 PFD 01903q207 273 10,909 SH   SOLE   10,909 0 0
American Capital Agency 8.0% P PFD 02503x204 910 35,691 SH   SOLE   35,691 0 0
American Capital Agncy 7.75% P PFD 02503x303 578 23,746 SH   SOLE   23,746 0 0
Amtrust Financial 7.25% CUM QD PFD 032359507 261 10,417 SH   SOLE   10,417 0 0
Amtrust Financial 7.5% QDI Cal PFD 032359887 2,440 97,360 SH   SOLE   97,360 0 0
Amtrust Financial 7.625%CUM QD PFD 032359705 3,176 126,023 SH   SOLE   126,023 0 0
Annaly Capital 7.625% Perp Cl PFD 035710706 212 8,588 SH   SOLE   8,588 0 0
Arbor Realty 8.50% CUM Perp Ca PFD 038923801 210 8,463 SH   SOLE   8,463 0 0
Arch Capital 6.75% BBB QDI Cl PFD g0450a204 684 26,524 SH   SOLE   26,524 0 0
Ares Capital 7.75% ***CALLED 1 PFD 04010l202 1,455 58,134 SH   SOLE   58,134 0 0
Argo Group 6.5% Sr Notes Call PFD 040130205 1,216 48,350 SH   SOLE   48,350 0 0
Ashford Hospitality 9.0% NR Ca PFD 044103505 931 36,216 SH   SOLE   36,216 0 0
Aspen Insurance 7.25% Call07/2 PFD g05384147 7,047 269,811 SH   SOLE   269,811 0 0
Aspen Insurance 7.401% Call 07 PFD g05384139 529 20,420 SH   SOLE   20,420 0 0
Aviva 8.25% 12/2041 Call 12/20 PFD 05382a203 3,513 131,738 SH   SOLE   131,738 0 0
Axis Capital 6.875% Cl 4/17 QD PFD g0692u307 584 22,400 SH   SOLE   22,400 0 0
BB&T Capital 5.625% Call 8/201 PFD 054937404 218 8,791 SH   SOLE   8,791 0 0
BGC Partners 8.125% 2042 Call PFD 05541t408 4,649 172,616 SH   SOLE   172,616 0 0
Banc of California 7.375% Cal2 PFD 05990k882 3,302 129,078 SH   SOLE   129,078 0 0
Banc of California 8.00% Call9 PFD 05990k403 1,793 67,096 SH   SOLE   67,096 0 0
Bank of America 4.0%Min Float PFD 060505815 225 10,643 SH   SOLE   10,643 0 0
Bank of America 6.5% Prp Cl 1/ PFD 060505310 529 20,805 SH   SOLE   20,805 0 0
Bank of America 6.625% Prp/Cl PFD 060505344 2,065 80,169 SH   SOLE   80,169 0 0
Bank of America 6.625%Prp Cl 1 PFD 060505740 656 25,685 SH   SOLE   25,685 0 0
Barclays 7.75% Prp Cl 9/13 BB PFD 06739h511 667 25,835 SH   SOLE   25,835 0 0
Barclays 8.125% Perp/Cl 3/14 B PFD 06739h362 724 28,000 SH   SOLE   28,000 0 0
Barclays Bank 7.1% Prp Call 12 PFD 06739h776 898 35,091 SH   SOLE   35,091 0 0
CBL & Associates 6.5% Perp CUM PFD 124830803 232 9,377 SH   SOLE   9,377 0 0
CHS Chemical 7.50% Cl 1/2025 C PFD 12542r803 4,044 152,609 SH   SOLE   152,609 0 0
CHS Chemicals 6.75% Perp cl 20 PFD 12542r704 286 11,056 SH   SOLE   11,056 0 0
CHS Chemicals 7.875% Perp cl 2 PFD 12542r308 260 9,197 SH   SOLE   9,197 0 0
Capital One Finl 6.7%Prp Call PFD 14040h709 1,181 44,582 SH   SOLE   44,582 0 0
CenturyLink Quest 6.125%Nts Cl PFD 74913g600 240 10,000 SH   SOLE   10,000 0 0
CenturyLink Quest 7.0%SnNts Cl PFD 74913g501 2,821 109,978 SH   SOLE   109,978 0 0
CenturyLink Quest7.375% 6/51 C PFD 74913g204 962 37,730 SH   SOLE   37,730 0 0
CenturyLink SnNote7.5% 2051 Cl PFD 74913g303 5,559 215,367 SH   SOLE   215,367 0 0
CenturyLink SnNotes 6.875% CL PFD 74913g105 1,838 72,650 SH   SOLE   72,650 0 0
CenturyLink SnNotes 7.0% 2052 PFD 74913G402 1,301 51,050 SH   SOLE   51,050 0 0
Chesapeake Lodging 7.75% PerpC PFD 165240201 3,858 148,397 SH   SOLE   148,397 0 0
Citigroup 5.8% B1 Call 4/18 QD PFD 172967366 264 10,600 SH   SOLE   10,600 0 0
Citigroup 7.125% Flt Aftr 9/23 PFD 172967358 5,907 219,440 SH   SOLE   219,440 0 0
Citigroup Tst 7.875% Cl2015 Li PFD 173080201 322 12,530 SH   SOLE   12,530 0 0
Colony Financial7.125%Perp CUM PFD 19624r403 982 44,910 SH   SOLE   44,910 0 0
Colony Financial7.50% Perp CUM PFD 19624r304 204 8,262 SH   SOLE   8,262 0 0
Colony Financial8.50% Perp CUM PFD 19624r205 769 30,083 SH   SOLE   30,083 0 0
CoreEnergy 7.375% Pfd - Par Ca PFD 21870u304 843 37,076 SH   SOLE   37,076 0 0
Corporate Office Prop 7.375% C PFD 22002t884 1,866 73,173 SH   SOLE   73,173 0 0
Costamare 7.625% CUM QDI Perp PFD y1771g110 552 26,538 SH   SOLE   26,538 0 0
Costamare 8.50% CUM QDI Perp C PFD y1771g128 2,919 131,741 SH   SOLE   131,741 0 0
Cowen 8.25% Senior Notes Due 1 PFD 223622309 1,496 57,306 SH   SOLE   57,306 0 0
CubeSmart 7.75%CUM Call 11/2/2 PFD 229663208 547 20,816 SH   SOLE   20,816 0 0
DTE Energy 6.5% Jr Sub Call 12 PFD 233331602 1,480 57,260 SH   SOLE   57,260 0 0
Deutsche Bank 8.05% PrpCl6/18 PFD 25150l108 3,090 110,285 SH   SOLE   110,285 0 0
Deutsche Bk Tst6.55%Perp Cl 5/ PFD 25153x208 574 21,815 SH   SOLE   21,815 0 0
Deutsche Bnk 7.6% Prp Cl 2/18 PFD 25154a108 1,507 55,173 SH   SOLE   55,173 0 0
Digital Realty 6.625% Perp CUM PFD 253868806 441 17,435 SH   SOLE   17,435 0 0
Digital Realty 7.0% Perp Call PFD 253868707 3,505 137,406 SH   SOLE   137,406 0 0
Digital Realty 7.375% Perp CUM PFD 253868871 530 19,875 SH   SOLE   19,875 0 0
Discover Financial 6.50%Perp Q PFD 254709207 2,099 81,325 SH   SOLE   81,325 0 0
Dynagas LNG 9.0% QDI CUM cl 2 PFD Y2188b116 1,044 61,463 SH   SOLE   61,463 0 0
EaglePoint Credit 7.75%2022 CU PFD 269809109 852 33,319 SH   SOLE   33,319 0 0
Endurance Specialty 7.5% Cl 6/ PFD g30397304 2,403 93,224 SH   SOLE   93,224 0 0
Endurance Specialty 7.75% Cl12 PFD 29267h208 3,033 119,317 SH   SOLE   119,317 0 0
Equity Comwlth 7.25% CUM Perp/ PFD 294628409 542 21,281 SH   SOLE   21,281 0 0
EverBank Financial 6.75% Perp PFD 29977g201 299 11,921 SH   SOLE   11,921 0 0
First Republic 7.0% Cl 12/18 B PFD 33616c860 4,407 160,720 SH   SOLE   160,720 0 0
First Republic Bank 6.2% Cl 6/ PFD 33616c407 557 21,860 SH   SOLE   21,860 0 0
First Republic Bank 6.70% Cl20 PFD 33616c209 2,425 94,257 SH   SOLE   94,257 0 0
Five Oaks Investment 8.75%Perp PFD 33830w205 237 12,410 SH   SOLE   12,410 0 0
GaslLog Ltd 8.75% Ser A CUM QD PFD g37585117 1,041 45,100 SH   SOLE   45,100 0 0
General Growth Prop 6.375% Cl PFD 370023202 366 15,100 SH   SOLE   15,100 0 0
Global Indemnity SrNts7.75% Ca PFD g39319119 1,370 58,450 SH   SOLE   58,450 0 0
Goldman 5.5% Flt Aftr 5/23 Cl PFD 38145g308 1,844 75,338 SH   SOLE   75,338 0 0
GoldmanSachs Lib+75 Min3.75% C PFD 38143y665 600 31,381 SH   SOLE   31,381 0 0
HSBC 6.36% Perp Callable NCU Q PFD 40429c607 754 30,080 SH   SOLE   30,080 0 0
HSBC Hldgs 8.0% Prp Cl 12/15 B PFD 404280802 3,247 127,280 SH   SOLE   127,280 0 0
Hanover Insurance6.35% Cl3/18 PFD 410867204 826 32,766 SH   SOLE   32,766 0 0
Hartford Finl 7.875% 2042 call PFD 416518504 1,387 45,400 SH   SOLE   45,400 0 0
Hatteras Financial 7.625% CUM PFD 41902r400 1,002 42,333 SH   SOLE   42,333 0 0
Hercules Technology 7%Pfd Cl9/ PFD 427096870 303 12,000 SH   SOLE   12,000 0 0
Hudson Pacific 8.375%CUM Calle PFD 444097208 831 32,864 SH   SOLE   32,864 0 0
ING Grp NV 7.20%Pfd Perp/Cl l2 PFD 456837301 283 10,976 SH   SOLE   10,976 0 0
Investors REIT 7.95% Perp CUM PFD 461730301 1,400 54,343 SH   SOLE   54,343 0 0
JMP Group 8.00% SrDeb Due1/202 PFD 46629u206 388 15,607 SH   SOLE   15,607 0 0
JPMorgan Chase 6.70%Perp/Call PFD 48127a161 1,750 65,328 SH   SOLE   65,328 0 0
KKR Financial 7.375% Prp Call PFD 48248a603 293 11,205 SH   SOLE   11,205 0 0
KKR Financial 7.50% SrNts Call PFD 48248a504 5,204 195,599 SH   SOLE   195,599 0 0
KKR Financial 8.375%SrNts Call PFD 48248a405 1,357 50,605 SH   SOLE   50,605 0 0
Kimco Realty 6.90% BBB-CUM Cal PFD 49446r828 295 11,726 SH   SOLE   11,726 0 0
LaSalle Hotel 7.50% Perp CUM C PFD 517942702 2,036 80,504 SH   SOLE   80,504 0 0
M&T Bank 6.375% Cl 11/18 BBB- PFD 55261f708 531 529 SH   SOLE   529 0 0
MFA Financial 7.5% Prp Cl 4/15 PFD 55272x409 208 8,488 SH   SOLE   8,488 0 0
Maiden Hldgs 8.00% Nts 2042 ca PFD 56029q309 2,159 81,795 SH   SOLE   81,795 0 0
Maiden Hldgs 8.25% Nts 2041 ca PFD 56029q200 899 35,170 SH   SOLE   35,170 0 0
Maiden Holdings 8.25%Prp Cl8/2 PFD g5753u120 1,999 74,768 SH   SOLE   74,768 0 0
MetLife 3MoLibor+100 Min 4.0% PFD 59156r504 247 10,231 SH   SOLE   10,231 0 0
Morgan Stanley 3MoLib+70bp 4%F PFD 61747s504 475 23,787 SH   SOLE   23,787 0 0
Morgan Stanley 7.125%Flt Aftr1 PFD 61762v200 3,658 133,247 SH   SOLE   133,247 0 0
National General Ins 7.50% Cal PFD 636220808 2,946 118,488 SH   SOLE   118,488 0 0
National General Ins 7.50% Cal PFD 636220709 2,517 100,862 SH   SOLE   100,862 0 0
National General Ins 7.62% Cal PFD 636220873 794 33,910 SH   SOLE   33,910 0 0
New York MtgTrust 7.875%Perp C PFD 649604808 296 14,164 SH   SOLE   14,164 0 0
NewTek Business Svs 7.50$ due PFD 652526302 354 13,900 SH   SOLE   13,900 0 0
News Corp 7.00% 12/1/2095 call PFD 863117206 282 11,003 SH   SOLE   11,003 0 0
NorthStar Realty Fin 8.50% CUM PFD 66705V209 305 12,719 SH   SOLE   12,719 0 0
NuStar Logistics 7.625%Nts Cl PFD 67059t204 1,084 43,746 SH   SOLE   43,746 0 0
Oxford Lane Cap8.125% Cl6/2017 PFD 691543409 248 9,830 SH   SOLE   9,830 0 0
PS Business Parks 6.0% Cl 5/20 PFD 69360j685 309 12,417 SH   SOLE   12,417 0 0
Partner Re 7.25% Call 06/21 BB PFD g68603508 6,018 218,819 SH   SOLE   218,819 0 0
Pebblebrook Hotel 8.00%Perp Cu PFD 70509v308 3,601 139,461 SH   SOLE   139,461 0 0
Pebblebrook Hotel7.875%Perp Cu PFD 70509v209 792 31,209 SH   SOLE   31,209 0 0
Penn Real Estate 8.25% CIM Per PFD 709102404 262 10,008 SH   SOLE   10,008 0 0
Penn RealEstate 7.375%CUM Perp PFD 709102503 696 27,438 SH   SOLE   27,438 0 0
Pitney Bowes 6.7% Cl 3/7/18 PFD 724479506 363 13,900 SH   SOLE   13,900 0 0
Prudential PLC 6.75% PrpCl 9/0 PFD g7293h114 730 28,528 SH   SOLE   28,528 0 0
Public Storage 6.35% Call 7/16 PFD 74460d125 754 29,405 SH   SOLE   29,405 0 0
Public Storage 6.50% Call 4/20 PFD 74460d141 1,200 47,170 SH   SOLE   47,170 0 0
Public Storage6.5%Perp BBB+ Ca PFD 74460d158 290 11,600 SH   SOLE   11,600 0 0
Raymond James Financial 6.90% PFD 754730208 877 33,285 SH   SOLE   33,285 0 0
Realty Income 6.625% Call 2/17 PFD 756109807 275 10,700 SH   SOLE   10,700 0 0
Regency Centers 6.00% Perp CUM PFD 758849806 443 17,900 SH   SOLE   17,900 0 0
Regions Financial 6.375% Cl 12 PFD 7591ep308 429 16,850 SH   SOLE   16,850 0 0
Reinsurance Group of Amer 6.2% PFD 759351703 374 13,500 SH   SOLE   13,500 0 0
Retail Properties of Amer 7.0% PFD 76131v608 484 18,900 SH   SOLE   18,900 0 0
SL Green Realty 6.5% Perp CUM PFD 78440x507 2,087 84,290 SH   SOLE   84,290 0 0
Seaspan 7.95% 12/2049 Call 1/2 PFD y75638208 218 9,467 SH   SOLE   9,467 0 0
Seaspan 8.25% Perp CUM QDI Cal PFD y75638133 1,843 77,195 SH   SOLE   77,195 0 0
Seaspan 9.50% 1/2049 Call 1/20 PFD B643v81 298 11,735 SH   SOLE   11,735 0 0
SoCalEd 5.375% CUM cl 2025 QDI PFD 78409g206 671 26,062 SH   SOLE   26,062 0 0
Solar Capital 6.75% Cl 11/17 PFD 83413u308 295 12,750 SH   SOLE   12,750 0 0
Southern Cal Ed 6.5% $100 Cl3/ PFD 842400723 684 6,640 SH   SOLE   6,640 0 0
Summit Hotel (INN)7.125%Perp C PFD 866082407 557 22,284 SH   SOLE   22,284 0 0
Summit Hotel 7.875% Perp CUM C PFD 866082308 2,211 85,055 SH   SOLE   85,055 0 0
Sunstone Hotel 8.00% Perp CUM PFD 867592507 931 36,543 SH   SOLE   36,543 0 0
Taubman Centers 6.5% CUM NA Cl PFD 876664608 244 9,751 SH   SOLE   9,751 0 0
Teekay Offshore 7.25%Perp CUM PFD y8565j127 495 31,128 SH   SOLE   31,128 0 0
Teekay Offshore 8.50%Perm Cum PFD Y8565j135 217 12,600 SH   SOLE   12,600 0 0
Telephone & Data 6.875% Cl 11/ PFD 879433845 3,282 130,400 SH   SOLE   130,400 0 0
Telephone & Data 7.0% Cl 3/16 PFD 879433837 860 33,592 SH   SOLE   33,592 0 0
TravelCenters America 8.00%SrN PFD 894174309 2,793 111,050 SH   SOLE   111,050 0 0
TravelCenters SnNotes 8% 10/20 PFD 894174408 740 30,000 SH   SOLE   30,000 0 0
Triancgle Capitl 6.375%Sr Note PFD 895848406 897 35,550 SH   SOLE   35,550 0 0
TriplePoint Venture BDC 6.75% PFD 89677y209 500 19,900 SH   SOLE   19,900 0 0
US Bancorp 6.5% Flt Aftr 1/22 PFD 902973833 1,527 53,160 SH   SOLE   53,160 0 0
US Celllular SrNts 7.25% 2063 PFD 911684504 455 18,000 SH   SOLE   18,000 0 0
US Cellular 6.95%SrNT 2060 Cl PFD 911684405 491 19,400 SH   SOLE   19,400 0 0
VEREIT Inc 6.70% Perp CUM Cl 2 PFD 92339v209 300 12,382 SH   SOLE   12,382 0 0
Vornado Realty 5.7% Prp Cl 7/1 PFD 929042851 285 11,787 SH   SOLE   11,787 0 0
Vornado Realty 6.875% Prp/Cl 4 PFD 929042869 3,085 120,725 SH   SOLE   120,725 0 0
Wells Fargo 6.375% Cl 12/19 BB PFD 94988n207 779 30,400 SH   SOLE   30,400 0 0
Wells Fargo 7.5% Cnv/Prp$1000 PFD 949746804 11,984 10,260 SH   SOLE   10,260 0 0
Wells Fargo 8.00% Prp Cl12/17 PFD 949746879 11,382 412,842 SH   SOLE   412,842 0 0
Charles Schwab 7% Perp/Call 2/ PFD 808513AE5 2,199 1,912,000 PRN   SOLE   1,912,000 0 0
Citigroup Inc 5.95% Perp Call PFD 172967GD7 480 495,000 PRN   SOLE   495,000 0 0
GE Cap Corp 6.25% Perp/Call 12 PFD 369622SP1 379 350,000 PRN   SOLE   350,000 0 0
GE Cap Corp 7.125% Perp/Call 6 PFD 369622SN6 2,251 1,945,000 PRN   SOLE   1,945,000 0 0
JPMorgan 6.0% Perp/Call 8/23 - PFD 48126HAA8 424 430,000 PRN   SOLE   430,000 0 0
JPMorgan 7.9% Perp/Call 4/18 - PFD 46625HHA1 2,384 2,295,000 PRN   SOLE   2,295,000 0 0
So. Cal Edison 6.25% Perp/Call PFD 842400FU2 999 900,000 PRN   SOLE   900,000 0 0
Wachovia (WFC) Perp/Call 2/11 PFD 92978AAA0 5,310 5,425,000 PRN   SOLE   5,425,000 0 0
Wells Fargo & Company Perp/Cal PFD 949746PM7 488 460,000 PRN   SOLE   460,000 0 0