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 651 300 SH   SOLE   300 0 0
3M Company COM 88579y101 17,021 97,196 SH   SOLE   97,196 0 0
ABB Ltd-Spon ADR COM 000375204 3,707 186,940 SH   SOLE   186,940 0 0
AGL Resources Inc COM 001204106 3,851 58,371 SH   SOLE   58,371 0 0
AT&T Inc COM 00206r102 9,077 210,061 SH   SOLE   210,061 0 0
AbbVie Inc COM 00287y109 9,724 157,070 SH   SOLE   157,070 0 0
Abbott Laboratories COM 002824100 8,702 221,360 SH   SOLE   221,360 0 0
Accenture PLC-Cl A COM g1151c101 4,060 35,833 SH   SOLE   35,833 0 0
Adobe Systems Inc COM 00724f101 879 9,174 SH   SOLE   9,174 0 0
Aetna Inc COM 00817Y108 776 6,356 SH   SOLE   6,356 0 0
Aflac Inc COM 001055102 807 11,185 SH   SOLE   11,185 0 0
Agilent Technologies Inc COM 00846u101 775 17,465 SH   SOLE   17,465 0 0
Air Products & Chemicals Inc COM 009158106 6,224 43,818 SH   SOLE   43,818 0 0
Alerian MLP ETF COM 00162q866 148 11,616 SH   SOLE   11,616 0 0
Allegion PLC COM g0176j109 253 3,640 SH   SOLE   3,640 0 0
Allergan plc (new) COM g0177j108 626 2,710 SH   SOLE   2,710 0 0
Allstate Corp COM 020002101 404 5,774 SH   SOLE   5,774 0 0
Alphabet Inc-Cl A COM 02079k305 5,649 8,030 SH   SOLE   8,030 0 0
Alphabet Inc-Cl C COM 02079k107 4,627 6,686 SH   SOLE   6,686 0 0
Altria Group Inc COM 02209s103 11,102 160,992 SH   SOLE   160,992 0 0
AmTrust Financial Services COM 032359309 275 11,239 SH   SOLE   11,239 0 0
Amarillo Gold Corp COM 02301t108 3 13,000 SH   SOLE   13,000 0 0
Amazon.com Inc COM 023135106 831 1,161 SH   SOLE   1,161 0 0
American Electric Power COM 025537101 488 6,967 SH   SOLE   6,967 0 0
American Express Co COM 025816109 1,300 21,389 SH   SOLE   21,389 0 0
AmerisourceBergen Corp COM 03073e105 241 3,038 SH   SOLE   3,038 0 0
Amgen Inc COM 031162100 2,439 16,031 SH   SOLE   16,031 0 0
Anthem Inc COM 036752103 2,340 17,817 SH   SOLE   17,817 0 0
Aon PLC COM g0408v102 256 2,341 SH   SOLE   2,341 0 0
Apple Inc COM 037833100 24,975 261,242 SH   SOLE   261,242 0 0
Archer-Daniels-Midland Co COM 039483102 859 20,030 SH   SOLE   20,030 0 0
Automatic Data Processing COM 053015103 15,586 169,658 SH   SOLE   169,658 0 0
BCE Inc COM 05534b760 2,350 49,678 SH   SOLE   49,678 0 0
Bank Of Marin Bancorp/CA COM 063425102 750 15,496 SH   SOLE   15,496 0 0
Bank of America Corp COM 060505104 5,345 402,821 SH   SOLE   402,821 0 0
Baxter International Inc. COM 071813109 364 8,057 SH   SOLE   8,057 0 0
Becton Dickinson & Co COM 075887109 2,719 16,030 SH   SOLE   16,030 0 0
Berkshire Hathaway Inc-Cl B COM 084670702 3,694 25,515 SH   SOLE   25,515 0 0
Biogen Inc COM 09062x103 1,139 4,711 SH   SOLE   4,711 0 0
Blackrock Inc COM 09247x101 262 765 SH   SOLE   765 0 0
Blackstone Group/The COM 09253u108 413 16,831 SH   SOLE   16,831 0 0
Boeing Co COM 097023105 1,716 13,210 SH   SOLE   13,210 0 0
Bristol-Myers Squibb Co COM 110122108 21,330 290,001 SH   SOLE   290,001 0 0
Brown-Forman Corp -Cl B COM 115637209 284 2,845 SH   SOLE   2,845 0 0
CR Bard Inc COM 067383109 393 1,672 SH   SOLE   1,672 0 0
CVS Health Corp COM 126650100 6,181 64,564 SH   SOLE   64,564 0 0
CalAtlantic Group COM 128195104 1,028 28,000 SH   SOLE   28,000 0 0
Canadian Natl Railway Co COM 136375102 215 3,638 SH   SOLE   3,638 0 0
Cardinal Health Inc COM 14149Y108 449 5,761 SH   SOLE   5,761 0 0
Carlyle Group/The COM 14309l102 479 29,500 SH   SOLE   29,500 0 0
Caterpillar Inc COM 149123101 2,432 32,083 SH   SOLE   32,083 0 0
Celgene Corp COM 151020104 651 6,598 SH   SOLE   6,598 0 0
CenterPoint Energy Inc COM 15189t107 1,996 83,170 SH   SOLE   83,170 0 0
Cerner Corp COM 156782104 3,016 51,476 SH   SOLE   51,476 0 0
Cerus Corp COM 157085101 62 10,000 SH   SOLE   10,000 0 0
Check Point Software Tech COM m22465104 657 8,250 SH   SOLE   8,250 0 0
Chevron Corp COM 166764100 24,764 236,232 SH   SOLE   236,232 0 0
Chubb Ltd (new) COM h1467j104 2,918 22,326 SH   SOLE   22,326 0 0
Cigna Corp COM 125509109 558 4,357 SH   SOLE   4,357 0 0
Cincinnati Financial Corp COM 172062101 615 8,207 SH   SOLE   8,207 0 0
Cintas Corp COM 172908105 292 2,980 SH   SOLE   2,980 0 0
Cisco Systems Inc COM 17275R102 4,036 140,684 SH   SOLE   140,684 0 0
Citigroup Inc COM 172967424 245 5,781 SH   SOLE   5,781 0 0
Clorox Company COM 189054109 13,572 98,068 SH   SOLE   98,068 0 0
Coca-Cola Co/The COM 191216100 5,619 123,966 SH   SOLE   123,966 0 0
Colgate-Palmolive Co COM 194162103 9,801 133,891 SH   SOLE   133,891 0 0
Comcast Corp-Cl A COM 20030n101 9,071 139,147 SH   SOLE   139,147 0 0
ConAgra Foods Inc COM 205887102 1,541 32,236 SH   SOLE   32,236 0 0
ConocoPhillips COM 20825C104 6,678 153,155 SH   SOLE   153,155 0 0
Consolidated Edison Inc COM 209115104 598 7,438 SH   SOLE   7,438 0 0
Cool Technologies Inc COM 21639y100 28 333,333 SH   SOLE   333,333 0 0
Costco Wholesale Corp COM 22160K105 17,121 109,022 SH   SOLE   109,022 0 0
Crown Castle Intl Corp COM 22822v101 14,872 146,626 SH   SOLE   146,626 0 0
DTE Energy Company COM 233331107 203 2,047 SH   SOLE   2,047 0 0
Danaher Corp COM 235851102 5,300 52,478 SH   SOLE   52,478 0 0
Deere & Co COM 244199105 1,254 15,477 SH   SOLE   15,477 0 0
Diageo Plc-Sponsored ADR COM 25243q205 455 4,028 SH   SOLE   4,028 0 0
Dick's Sporting Goods Inc COM 253393102 684 15,188 SH   SOLE   15,188 0 0
Disney Co./Walt The COM 254687106 16,302 166,650 SH   SOLE   166,650 0 0
Dominion Resources Inc/Va COM 25746u109 675 8,667 SH   SOLE   8,667 0 0
Dover Corp COM 260003108 409 5,897 SH   SOLE   5,897 0 0
Dow Chemical COM 260543103 516 10,375 SH   SOLE   10,375 0 0
Dr Pepper Snapple Group Inc COM 26138e109 1,065 11,018 SH   SOLE   11,018 0 0
Du Pont (E.I.) De Nemours COM 263534109 7,324 113,018 SH   SOLE   113,018 0 0
Duke Energy Corp COM 26441c204 814 9,486 SH   SOLE   9,486 0 0
EMC Corp Mass COM 268648102 351 12,917 SH   SOLE   12,917 0 0
ETFS Physical Precious Metals COM 26922w109 372 5,650 SH   SOLE   5,650 0 0
Eaton Corp PLC COM g29183103 872 14,602 SH   SOLE   14,602 0 0
Ecolab Inc COM 278865100 11,081 93,436 SH   SOLE   93,436 0 0
Edison International COM 281020107 10,511 135,333 SH   SOLE   135,333 0 0
Eli Lilly & Co COM 532457108 5,032 63,895 SH   SOLE   63,895 0 0
Emerson Electric Co COM 291011104 1,739 33,334 SH   SOLE   33,334 0 0
Encounter Technologies Inc COM 29259j303 0 62,000 SH   SOLE   62,000 0 0
Enterprise Products Partners COM 293792107 1,201 41,051 SH   SOLE   41,051 0 0
Equity Residential COM 29476l107 247 3,585 SH   SOLE   3,585 0 0
Essex Property Trust Inc COM 297178105 431 1,890 SH   SOLE   1,890 0 0
Eurasian Minerals Inc COM 29843r100 45 54,086 SH   SOLE   54,086 0 0
Eversource Energy COM 30040w108 363 6,056 SH   SOLE   6,056 0 0
Express Scripts Holding Co. COM 30219g108 920 12,133 SH   SOLE   12,133 0 0
Exxon Mobil Corp COM 30231G102 12,392 132,192 SH   SOLE   132,192 0 0
Facebook Inc COM 30303m102 33,952 297,092 SH   SOLE   297,092 0 0
FedEx Corp COM 31428x106 708 4,661 SH   SOLE   4,661 0 0
First Republic Bank/San Franci COM 33616C100 444 6,342 SH   SOLE   6,342 0 0
First Trust Mid Cap Growth Alp COM 33737m102 1,489 49,614 SH   SOLE   49,614 0 0
First Trust Mid Cap Value ETF COM 33737m201 256 9,168 SH   SOLE   9,168 0 0
First Trust Morningstar Divide COM 336917109 1,435 53,480 SH   SOLE   53,480 0 0
First Trust Rising Dividend Ac COM 33738r506 268 13,151 SH   SOLE   13,151 0 0
Ford Motor Co COM 345370860 465 36,957 SH   SOLE   36,957 0 0
Fortinet Inc COM 34959e109 287 9,075 SH   SOLE   9,075 0 0
Franklin Covey Co COM 353469109 153 10,000 SH   SOLE   10,000 0 0
Franklin Resources Inc COM 354613101 368 11,031 SH   SOLE   11,031 0 0
Freeport McMoRan Inc-B COM 35671d857 199 17,840 SH   SOLE   17,840 0 0
Frontier Communications Corp COM 35906a108 325 65,813 SH   SOLE   65,813 0 0
General Dynamics Corp COM 369550108 2,255 16,196 SH   SOLE   16,196 0 0
General Electric Co COM 369604103 23,864 758,076 SH   SOLE   758,076 0 0
General Mills Inc COM 370334104 7,247 101,610 SH   SOLE   101,610 0 0
General Motors Co COM 37045v100 234 8,283 SH   SOLE   8,283 0 0
Genuine Parts Co COM 372460105 6,572 64,907 SH   SOLE   64,907 0 0
Gilead Sciences Inc COM 375558103 2,579 30,914 SH   SOLE   30,914 0 0
GlaxoSmithKline Plc-ADR COM 37733w105 1,259 29,053 SH   SOLE   29,053 0 0
Global Brands Group Holding COM g39338101 1 10,000 SH   SOLE   10,000 0 0
Goldman Sachs Group Inc COM 38141G104 356 2,395 SH   SOLE   2,395 0 0
Grainger (W.W.) Inc COM 384802104 608 2,674 SH   SOLE   2,674 0 0
Great Plains Energy Inc COM 391164100 876 28,800 SH   SOLE   28,800 0 0
Groupon Inc COM 399473107 221 68,000 SH   SOLE   68,000 0 0
Guggenheim Russell Top 50 ETF COM 78355w205 905 6,133 SH   SOLE   6,133 0 0
Guggenheim S&P Equal Weight COM 78355w106 500 6,224 SH   SOLE   6,224 0 0
HCP Inc REIT COM 40414l109 5,626 159,013 SH   SOLE   159,013 0 0
Harman International COM 413086109 545 7,595 SH   SOLE   7,595 0 0
Hess Corp COM 42809h107 433 7,200 SH   SOLE   7,200 0 0
Hewlett Packard Enterprise COM 42824c109 188 10,295 SH   SOLE   10,295 0 0
Home Depot Inc COM 437076102 10,482 82,090 SH   SOLE   82,090 0 0
Honeywell International Inc COM 438516106 5,782 49,706 SH   SOLE   49,706 0 0
Hormel Foods Corp COM 440452100 720 19,674 SH   SOLE   19,674 0 0
ICON PLC COM g4705a100 203 2,904 SH   SOLE   2,904 0 0
Illinois Tool Works COM 452308109 835 8,017 SH   SOLE   8,017 0 0
Ingersoll-Rand PLC COM g47791101 1,829 28,718 SH   SOLE   28,718 0 0
Integral Technologies Inc COM 45810j103 3 17,000 SH   SOLE   17,000 0 0
Intel Corp COM 458140100 13,405 408,679 SH   SOLE   408,679 0 0
Intl Business Machines Corp COM 459200101 5,478 36,089 SH   SOLE   36,089 0 0
Intl Flavors & Fragrances COM 459506101 826 6,550 SH   SOLE   6,550 0 0
Intrexon Corp COM 46122t102 263 10,670 SH   SOLE   10,670 0 0
Ivanhoe Mines Ltd COM 46579r104 186 240,000 SH   SOLE   240,000 0 0
JPMorgan Chase & Co COM 46625H100 8,254 132,823 SH   SOLE   132,823 0 0
Jacobs Engineering Group Inc COM 469814107 350 7,023 SH   SOLE   7,023 0 0
Johnson & Johnson COM 478160104 29,609 244,100 SH   SOLE   244,100 0 0
Johnson Controls Inc COM 478366107 1,735 39,194 SH   SOLE   39,194 0 0
Keysight Technologies Inc COM 49338l103 228 7,831 SH   SOLE   7,831 0 0
Kimberly-Clark Corp COM 494368103 16,319 118,700 SH   SOLE   118,700 0 0
Kinder Morgan Inc COM 49456b101 5,101 272,483 SH   SOLE   272,483 0 0
Kraft Heinz Co/The COM 500754106 2,945 33,289 SH   SOLE   33,289 0 0
L-3 Communications Holdings COM 502424104 396 2,701 SH   SOLE   2,701 0 0
Laboratory Corp Of Amer Hldgs COM 50540r409 2,057 15,793 SH   SOLE   15,793 0 0
Lam Research Corp COM 512807108 323 3,839 SH   SOLE   3,839 0 0
Leggett & Platt Inc COM 524660107 594 11,618 SH   SOLE   11,618 0 0
Li & Fung Ltd COM g5485f169 5 10,000 SH   SOLE   10,000 0 0
Lockheed Martin Corp COM 539830109 4,612 18,585 SH   SOLE   18,585 0 0
Lowe's Cos Inc COM 548661107 4,661 58,878 SH   SOLE   58,878 0 0
Lululemon Athletica Inc COM 550021109 584 7,910 SH   SOLE   7,910 0 0
Macy's Inc COM 55616p104 1,021 30,372 SH   SOLE   30,372 0 0
Manulife Financial Corp COM 56501r106 487 35,599 SH   SOLE   35,599 0 0
Marathon Petroleum Corp COM 56585a102 290 7,644 SH   SOLE   7,644 0 0
Marriott International-Cl A COM 571903202 2,694 40,542 SH   SOLE   40,542 0 0
McCormick & Co-Non Votung Shrs COM 579780206 2,659 24,926 SH   SOLE   24,926 0 0
McDonald's Corp COM 580135101 11,672 96,991 SH   SOLE   96,991 0 0
Medical Properties Trust Inc COM 58463j304 261 17,169 SH   SOLE   17,169 0 0
Medivation Inc COM 58501n101 345 5,714 SH   SOLE   5,714 0 0
Medtronic PLC COM g5960l103 7,389 85,151 SH   SOLE   85,151 0 0
Merck & Co. Inc. COM 58933y105 8,289 143,884 SH   SOLE   143,884 0 0
Microsoft Corp COM 594918104 13,146 256,908 SH   SOLE   256,908 0 0
Mobileye NV COM n51488117 581 12,586 SH   SOLE   12,586 0 0
Molson Coors Brewing Co -B COM 60871r209 304 3,008 SH   SOLE   3,008 0 0
Mondelez International COM 609207105 2,652 58,283 SH   SOLE   58,283 0 0
Morgan Stanley COM 617446448 1,999 76,929 SH   SOLE   76,929 0 0
Mylan NV COM n59465109 1,380 31,911 SH   SOLE   31,911 0 0
NXP Semiconductors Nv COM n6596x109 545 6,956 SH   SOLE   6,956 0 0
Nestle Sa-Spons ADR For Reg COM 641069406 4,423 57,211 SH   SOLE   57,211 0 0
NextEra Energy Inc COM 65339f101 14,426 110,625 SH   SOLE   110,625 0 0
Nike Inc -Cl B COM 654106103 8,995 162,956 SH   SOLE   162,956 0 0
Nordstrom Inc COM 655664100 316 8,302 SH   SOLE   8,302 0 0
Norfolk Southern Corp COM 655844108 361 4,245 SH   SOLE   4,245 0 0
Novartis Ag-ADR COM 66987v109 3,868 46,878 SH   SOLE   46,878 0 0
Novo-Nordisk A/S-Spons ADR COM 670100205 237 4,404 SH   SOLE   4,404 0 0
Nucor Corp COM 670346105 256 5,178 SH   SOLE   5,178 0 0
Occidental Petroleum Corp COM 674599105 6,252 82,737 SH   SOLE   82,737 0 0
Oracle Corp COM 68389x105 4,894 119,573 SH   SOLE   119,573 0 0
P G & E Corp COM 69331c108 634 9,917 SH   SOLE   9,917 0 0
PPG Industries Inc COM 693506107 435 4,175 SH   SOLE   4,175 0 0
Paccar Inc COM 693718108 1,501 28,937 SH   SOLE   28,937 0 0
Palo Alto Networks COM 697435105 1,231 10,040 SH   SOLE   10,040 0 0
Paychex Inc COM 704326107 206 3,467 SH   SOLE   3,467 0 0
Pentair PLC COM g7s00t104 408 6,999 SH   SOLE   6,999 0 0
PepsiCo Inc COM 713448108 9,321 87,984 SH   SOLE   87,984 0 0
Pfizer Inc COM 717081103 9,304 264,247 SH   SOLE   264,247 0 0
Philip Morris International COM 718172109 2,824 27,767 SH   SOLE   27,767 0 0
Phillips 66 COM 718546104 355 4,474 SH   SOLE   4,474 0 0
Piedmont Office Realty Trust COM 720190206 409 19,000 SH   SOLE   19,000 0 0
Potash Corp Of Saskatchewan COM 73755l107 310 19,095 SH   SOLE   19,095 0 0
PowerShares Buyback Achievers COM 73935x286 245 5,410 SH   SOLE   5,410 0 0
PowerShares Preferred Portfoli COM 73936t565 9,627 631,682 SH   SOLE   631,682 0 0
Powershares QQQ NASDAQ 100 Tru COM 73935a104 3,472 32,284 SH   SOLE   32,284 0 0
Praxair Inc COM 74005p104 2,529 22,500 SH   SOLE   22,500 0 0
Preferred Apartment Communitie COM 74039l103 3,583 243,400 SH   SOLE   243,400 0 0
ProLogis Inc COM 74340w103 529 10,789 SH   SOLE   10,789 0 0
Procter & Gamble Co COM 742718109 24,678 291,462 SH   SOLE   291,462 0 0
Public Service Enterprise Grou COM 744573106 2,265 48,605 SH   SOLE   48,605 0 0
Public Storage Inc COM 74460d109 242 948 SH   SOLE   948 0 0
Qualcomm Inc COM 747525103 369 6,888 SH   SOLE   6,888 0 0
Quest Diagnostics COM 74834l100 277 3,406 SH   SOLE   3,406 0 0
Raytheon Company COM 755111507 262 1,930 SH   SOLE   1,930 0 0
Realty Income Corp COM 756109104 12,882 185,728 SH   SOLE   185,728 0 0
Regeneron Pharmaceuticals Inc COM 75886f107 429 1,227 SH   SOLE   1,227 0 0
Retail Properties of America COM 76131v202 463 27,393 SH   SOLE   27,393 0 0
Robert Half Intl Inc COM 770323103 209 5,483 SH   SOLE   5,483 0 0
Roche Holdings LTD-Spons ADR COM 771195104 3,446 104,570 SH   SOLE   104,570 0 0
Rockwell Collins Inc. COM 774341101 372 4,375 SH   SOLE   4,375 0 0
Roper Technologies Inc COM 776696106 217 1,273 SH   SOLE   1,273 0 0
Royal Dutch Shell Plc-ADR A COM 780259206 539 9,760 SH   SOLE   9,760 0 0
S&P Global Inc COM 78409v104 1,116 10,401 SH   SOLE   10,401 0 0
SAP SE-Sponsored ADR COM 803054204 683 9,110 SH   SOLE   9,110 0 0
SPDR Consumer Discretionary Se COM 81369y407 6,310 80,837 SH   SOLE   80,837 0 0
SPDR Consumer Staples Select S COM 81369y308 5,072 91,965 SH   SOLE   91,965 0 0
SPDR Dow Jones Industrial Aver COM 78467x109 961 5,371 SH   SOLE   5,371 0 0
SPDR Energy Select Sector COM 81369y506 13,152 192,736 SH   SOLE   192,736 0 0
SPDR Financial Select Sector COM 81369y605 3,729 163,144 SH   SOLE   163,144 0 0
SPDR Gold Trust COM 78463v107 1,879 14,856 SH   SOLE   14,856 0 0
SPDR Health Care Select Sector COM 81369y209 6,658 92,851 SH   SOLE   92,851 0 0
SPDR Industrial Select Sector COM 81369y704 4,554 81,307 SH   SOLE   81,307 0 0
SPDR Materials Select Sector COM 81369y100 1,324 28,570 SH   SOLE   28,570 0 0
SPDR S&P 500 Index Trust Serie COM 78462f103 7,392 35,287 SH   SOLE   35,287 0 0
SPDR S&P Biotech ETF COM 78464a870 250 4,615 SH   SOLE   4,615 0 0
SPDR S&P Dividend ETF COM 78464a763 11,284 134,460 SH   SOLE   134,460 0 0
SPDR S&P MidCap 400 ETF Trust COM 78467y107 9,681 35,560 SH   SOLE   35,560 0 0
SPDR Technology Select Sector COM 81369y803 8,610 198,514 SH   SOLE   198,514 0 0
SPDR Utilities Select Sector COM 81369y886 1,143 21,785 SH   SOLE   21,785 0 0
SVB Financial Group COM 78486q101 2,246 23,600 SH   SOLE   23,600 0 0
Salesforce.Com Inc COM 79466l302 2,200 27,699 SH   SOLE   27,699 0 0
Sanofi-ADR COM 80105n105 3,625 86,611 SH   SOLE   86,611 0 0
Scana Corp COM 80589m102 951 12,574 SH   SOLE   12,574 0 0
Scandium International Mining COM 80600l109 3 23,400 SH   SOLE   23,400 0 0
Schlumberger Ltd COM 806857108 712 9,003 SH   SOLE   9,003 0 0
Schwab (Charles) Corp COM 808513105 646 25,507 SH   SOLE   25,507 0 0
Schwab US Broad Market ETF COM 808524102 1,617 32,151 SH   SOLE   32,151 0 0
Schwab US Dividend Equity ETF COM 808524797 5,378 129,779 SH   SOLE   129,779 0 0
Schwab US Large-Cap ETF COM 808524201 1,808 36,336 SH   SOLE   36,336 0 0
Schwab US Mid-Cap ETF COM 808524508 1,258 29,957 SH   SOLE   29,957 0 0
Sempra Energy COM 816851109 2,917 25,582 SH   SOLE   25,582 0 0
Sherwin-Williams Co COM 824348106 547 1,862 SH   SOLE   1,862 0 0
Siemens Ag-Spons ADR COM 826197501 208 2,027 SH   SOLE   2,027 0 0
Sierra Vista Bank COM 82651b105 105 20,000 SH   SOLE   20,000 0 0
Silvercorp Metals Inc COM 82835p103 23 10,000 SH   SOLE   10,000 0 0
Simon Property Group Inc COM 828806109 414 1,907 SH   SOLE   1,907 0 0
Southern Co COM 842587107 2,410 44,941 SH   SOLE   44,941 0 0
Southwest Airlines COM 844741108 303 7,726 SH   SOLE   7,726 0 0
Spectra Energy Corp COM 847560109 4,284 116,957 SH   SOLE   116,957 0 0
Spectral Medical Inc COM 847577103 18 25,000 SH   SOLE   25,000 0 0
Sprott Resource Corp COM 85207d103 237 526,834 SH   SOLE   526,834 0 0
St Jude Medical Inc COM 790849103 770 9,871 SH   SOLE   9,871 0 0
Stanley Black & Decker Inc COM 854502101 5,458 49,070 SH   SOLE   49,070 0 0
Starbucks Corp COM 855244109 6,755 118,268 SH   SOLE   118,268 0 0
Stryker Corp COM 863667101 228 1,900 SH   SOLE   1,900 0 0
Sysco Corp COM 871829107 755 14,889 SH   SOLE   14,889 0 0
T Rowe Price Group Inc COM 74144t108 598 8,191 SH   SOLE   8,191 0 0
TJX Companies Inc COM 872540109 599 7,760 SH   SOLE   7,760 0 0
Target Corp COM 87612e106 7,793 111,621 SH   SOLE   111,621 0 0
Taseko Mines Ltd COM 876511106 20 40,000 SH   SOLE   40,000 0 0
Tesla Motors Inc COM 88160r101 791 3,725 SH   SOLE   3,725 0 0
Teva Pharmaceutical-Sp ADR COM 881624209 468 9,327 SH   SOLE   9,327 0 0
Texas Instruments Inc COM 882508104 425 6,788 SH   SOLE   6,788 0 0
Thermo Fisher Scientific Inc COM 883556102 264 1,788 SH   SOLE   1,788 0 0
Time Warner Inc COM 887317303 2,047 27,836 SH   SOLE   27,836 0 0
Toronto Dominion Bank COM 891160509 4,244 98,864 SH   SOLE   98,864 0 0
Toyota Motor Corp -Spon ADR COM 892331307 1,882 18,825 SH   SOLE   18,825 0 0
Travelers Cos Inc/The COM 89417e109 3,598 30,227 SH   SOLE   30,227 0 0
Tri-Valley Corporation COM 895735108 0 15,600 SH   SOLE   15,600 0 0
Twenty-First Century Fox-B (fo COM 90130a200 2,064 75,761 SH   SOLE   75,761 0 0
U S Bancorp COM 902973304 2,527 62,655 SH   SOLE   62,655 0 0
UDR Inc COM 902653104 261 7,080 SH   SOLE   7,080 0 0
Unilever N V -NY Shares COM 904784709 4,120 87,778 SH   SOLE   87,778 0 0
Unilever Plc-Sponsored ADR COM 904767704 2,034 42,465 SH   SOLE   42,465 0 0
Union Pacific Corp COM 907818108 1,958 22,438 SH   SOLE   22,438 0 0
United Parcel Service-Cl B COM 911312106 8,866 82,303 SH   SOLE   82,303 0 0
United Technologies Corp COM 913017109 3,215 31,354 SH   SOLE   31,354 0 0
UnitedHealth Group Inc COM 91324P102 1,694 12,001 SH   SOLE   12,001 0 0
VF Corporation COM 918204108 496 8,073 SH   SOLE   8,073 0 0
VanEck Vectors Pharmaceutical COM 92189f692 403 6,873 SH   SOLE   6,873 0 0
Vanguard Consumer Discretionar COM 92204a108 434 3,560 SH   SOLE   3,560 0 0
Vanguard Consumer Staples Vipe COM 92204a207 301 2,135 SH   SOLE   2,135 0 0
Vanguard Developed Mkts COM 921943858 1,017 28,753 SH   SOLE   28,753 0 0
Vanguard Dividend Appreciation COM 921908844 637 7,649 SH   SOLE   7,649 0 0
Vanguard Emerging Mkts COM 922042858 658 18,673 SH   SOLE   18,673 0 0
Vanguard Health Care Vipers COM 92204a504 241 1,850 SH   SOLE   1,850 0 0
Vanguard High Div Yield ETF COM 921946406 2,519 35,250 SH   SOLE   35,250 0 0
Vanguard Info Tech Vipers COM 92204a702 504 4,705 SH   SOLE   4,705 0 0
Vanguard Large-Cap Vipers ETF COM 922908637 288 3,000 SH   SOLE   3,000 0 0
Vanguard Mid-Cap COM 922908629 3,404 27,538 SH   SOLE   27,538 0 0
Vanguard REIT COM 922908553 657 7,407 SH   SOLE   7,407 0 0
Vanguard Small-Cap Vipers COM 922908751 3,458 29,895 SH   SOLE   29,895 0 0
Vanguard Total Stock Market COM 922908769 13,818 128,946 SH   SOLE   128,946 0 0
Varian Medical Systems Inc COM 92220P105 1,921 23,363 SH   SOLE   23,363 0 0
Verisk Analytics Inc-Class A COM 92345Y106 580 7,150 SH   SOLE   7,150 0 0
Verizon Communications Inc COM 92343v104 31,547 564,959 SH   SOLE   564,959 0 0
Visa Inc-Class A Shares COM 92826c839 2,000 26,960 SH   SOLE   26,960 0 0
Vornado Realty Trust COM 929042109 6,378 63,701 SH   SOLE   63,701 0 0
Voyant International Corp COM 92909w108 0 53,652 SH   SOLE   53,652 0 0
WEC Energy Group Inc COM 92939u106 5,874 89,947 SH   SOLE   89,947 0 0
Wal-Mart Stores Inc COM 931142103 1,542 21,117 SH   SOLE   21,117 0 0
Walgreens Boots Alliance Inc COM 931427108 10,862 130,442 SH   SOLE   130,442 0 0
Waste Management Inc COM 94106l109 12,420 187,414 SH   SOLE   187,414 0 0
Wells Fargo & Company COM 949746101 31,242 660,087 SH   SOLE   660,087 0 0
Westamerica Bancorportaion COM 957090103 646 13,116 SH   SOLE   13,116 0 0
Weyerhaeuser Co COM 962166104 899 30,198 SH   SOLE   30,198 0 0
Whirlpool Corp COM 963320106 2,599 15,596 SH   SOLE   15,596 0 0
White Mountains Insurance Grou COM g9618e107 707 840 SH   SOLE   840 0 0
Whole Foods Market Inc COM 966837106 4,140 129,295 SH   SOLE   129,295 0 0
Williams Cos Inc COM 969457100 3,990 184,461 SH   SOLE   184,461 0 0
Williams-Sonoma Inc COM 969904101 2,700 51,800 SH   SOLE   51,800 0 0
WisdomTree MidCap Div Index COM 97717w505 256 2,859 SH   SOLE   2,859 0 0
Xcel Energy Inc COM 98389b100 245 5,461 SH   SOLE   5,461 0 0
Yahoo! Inc COM 984332106 916 24,385 SH   SOLE   24,385 0 0
Yum! Brands Inc COM 988498101 386 4,658 SH   SOLE   4,658 0 0
Zimmer Biomet Holdings Inc COM 98956p102 2,412 20,038 SH   SOLE   20,038 0 0
iShares Core US Value COM 464287663 206 1,536 SH   SOLE   1,536 0 0
iShares DJ Select Dividend Ind COM 464287168 7,034 82,486 SH   SOLE   82,486 0 0
iShares DJ US Energy Sector COM 464287796 992 25,865 SH   SOLE   25,865 0 0
iShares DJ US Financial Sect COM 464287788 1,006 11,707 SH   SOLE   11,707 0 0
iShares DJ US Health Car Pro COM 464288828 261 2,052 SH   SOLE   2,052 0 0
iShares DJ US Telecommunicatio COM 464287713 929 27,901 SH   SOLE   27,901 0 0
iShares DJ US Transport Index COM 464287192 1,219 9,087 SH   SOLE   9,087 0 0
iShares Goldman Sachs Tech I COM 464287721 243 2,310 SH   SOLE   2,310 0 0
iShares MSCI EAFE Index COM 464287465 988 17,696 SH   SOLE   17,696 0 0
iShares MSCI Emerging Markets COM 464287234 340 9,892 SH   SOLE   9,892 0 0
iShares MSCI Singapore Index COM 464286673 111 10,200 SH   SOLE   10,200 0 0
iShares MSCI USA Quality Facto COM 46432f339 973 14,744 SH   SOLE   14,744 0 0
iShares Nasdaq Biotech Index F COM 464287556 4,756 18,480 SH   SOLE   18,480 0 0
iShares Russell 1000 Growth COM 464287614 683 6,803 SH   SOLE   6,803 0 0
iShares Russell 2000 Index Fun COM 464287655 463 4,024 SH   SOLE   4,024 0 0
iShares Russell Midcap COM 464287499 271 1,609 SH   SOLE   1,609 0 0
iShares Russell Midcap Value COM 464287473 207 2,780 SH   SOLE   2,780 0 0
iShares S&P 100 Index Fund COM 464287101 1,855 19,971 SH   SOLE   19,971 0 0
iShares S&P 500 Index Fund COM 464287200 533 2,533 SH   SOLE   2,533 0 0
iShares S&P Europe 350 COM 464287861 549 14,528 SH   SOLE   14,528 0 0
iShares S&P Global 100 COM 464287572 620 8,646 SH   SOLE   8,646 0 0
iShares S&P Midcap 400 COM 464287507 1,491 9,981 SH   SOLE   9,981 0 0
iShares S&P Midcap 400/Value COM 464287705 419 3,270 SH   SOLE   3,270 0 0
iShares S&P SmallCap 600 COM 464287804 540 4,650 SH   SOLE   4,650 0 0
iShares S&P US Preferred Stock COM 464288687 9,765 244,787 SH   SOLE   244,787 0 0
AEGON 8.00% 2042 Notes Call 08 PFD 007924608 3,195 114,901 SH   SOLE   114,901 0 0
AON Cap 8.205% 1/27 Non-Call B PFD 22532r101 2,304 70,898 SH   SOLE   70,898 0 0
Affiliated Mgrs Grp 6.375% SrN PFD 008252876 352 13,183 SH   SOLE   13,183 0 0
AllState 6.75 2049 Call 10/201 PFD 020002606 273 9,689 SH   SOLE   9,689 0 0
Allied Capital ARCC6.875% 4/20 PFD 01903q207 245 9,598 SH   SOLE   9,598 0 0
American Capital Agency 8.0% P PFD 02503x204 999 38,215 SH   SOLE   38,215 0 0
American Capital Agncy 7.75% P PFD 02503x303 681 26,703 SH   SOLE   26,703 0 0
American Homes 4Rent 6.50% Per PFD 02665t702 364 13,850 SH   SOLE   13,850 0 0
Amtrust Financial 7.25% CUM QD PFD 032359507 296 11,448 SH   SOLE   11,448 0 0
Amtrust Financial 7.25% SrNt C PFD 032359861 291 11,400 SH   SOLE   11,400 0 0
Amtrust Financial 7.5% QDI Cal PFD 032359887 2,774 106,815 SH   SOLE   106,815 0 0
Amtrust Financial 7.50%Nts 205 PFD 032359853 446 17,201 SH   SOLE   17,201 0 0
Amtrust Financial 7.625%CUM QD PFD 032359705 3,756 144,173 SH   SOLE   144,173 0 0
Amtrust Financial 7.75% QDI Ca PFD 032359846 1,410 53,986 SH   SOLE   53,986 0 0
Annaly Capital 7.625% Perp Cl PFD 035710706 258 10,084 SH   SOLE   10,084 0 0
Arbor Realty 8.50% CUM Perp Ca PFD 038923801 249 9,819 SH   SOLE   9,819 0 0
Arch Capital 6.75% BBB QDI Cl PFD g0450a204 809 30,485 SH   SOLE   30,485 0 0
Argo Group 6.5% Sr Notes Call PFD 040130205 1,777 67,618 SH   SOLE   67,618 0 0
Ashford Hospitality 9.0% Calle PFD 044103505 978 38,073 SH   SOLE   38,073 0 0
Aspen Insurance 7.25% Call07/2 PFD g05384147 7,874 298,810 SH   SOLE   298,810 0 0
Aspen Insurance 7.401% Call 07 PFD g05384139 468 18,620 SH   SOLE   18,620 0 0
Aviva 8.25% 12/2041 Call 12/20 PFD 05382a203 2,682 101,953 SH   SOLE   101,953 0 0
Axis Capital 6.875% Cl 4/17 QD PFD g0692u307 606 23,122 SH   SOLE   23,122 0 0
BB&T Capital 5.625% Call 8/201 PFD 054937404 219 8,315 SH   SOLE   8,315 0 0
BGC Partners 8.125% 2042 Call PFD 05541t408 4,857 180,290 SH   SOLE   180,290 0 0
BancOfCalifornia 7.00% Cal2021 PFD 05990k874 585 22,152 SH   SOLE   22,152 0 0
BancOfCalifornia 7.375% Ca2020 PFD 05990k882 5,389 201,227 SH   SOLE   201,227 0 0
BancOfCalifornia 8.00% Cal2018 PFD 05990k403 2,194 81,727 SH   SOLE   81,727 0 0
Bank of America $1000pv 7.25% PFD 060505682 263 220 SH   SOLE   220 0 0
Bank of America 4.0%Min Float PFD 060505815 251 10,308 SH   SOLE   10,308 0 0
Bank of America 6.5% Prp Cl 1/ PFD 060505310 565 20,819 SH   SOLE   20,819 0 0
Bank of America 6.625% Prp/Cl PFD 060505344 3,151 115,003 SH   SOLE   115,003 0 0
Bank of America 6.625%Prp Cl 1 PFD 060505740 651 24,174 SH   SOLE   24,174 0 0
Barclays 8.125% Perp/Cl 3/14 B PFD 06739h362 509 19,700 SH   SOLE   19,700 0 0
Barclays Bank 7.1% Prp Call 12 PFD 06739h776 486 18,891 SH   SOLE   18,891 0 0
BlueRock Residential Growth 8. PFD 09627j508 1,937 72,921 SH   SOLE   72,921 0 0
CBL & Associates 6.625% Perp C PFD 124830803 261 10,551 SH   SOLE   10,551 0 0
CHS Chemical 7.50% Cl 1/2025 C PFD 12542r803 6,561 228,286 SH   SOLE   228,286 0 0
CHS Chemicals 6.75% Perp cl 20 PFD 12542r704 353 12,371 SH   SOLE   12,371 0 0
CHS Chemicals 7.875% Perp cl 2 PFD 12542r308 296 10,197 SH   SOLE   10,197 0 0
Capital One Finl 6.7%Prp Call PFD 14040h709 1,598 56,462 SH   SOLE   56,462 0 0
CenturyLink Quest 7.0%SnNts Cl PFD 74913g501 3,130 120,051 SH   SOLE   120,051 0 0
CenturyLink Quest7.375% 6/51 C PFD 74913g204 938 35,230 SH   SOLE   35,230 0 0
Chesapeake Lodging 7.75% PerpC PFD 165240201 4,542 172,232 SH   SOLE   172,232 0 0
Citigroup 5.8% B1 Call 4/18 QD PFD 172967366 233 8,850 SH   SOLE   8,850 0 0
Citigroup 7.125% Flt Aftr 9/23 PFD 172967358 7,662 265,941 SH   SOLE   265,941 0 0
Citigroup Tst 7.875% Cl2015 Li PFD 173080201 886 33,980 SH   SOLE   33,980 0 0
Colony Financial7.125%Perp CUM PFD 19624r403 1,053 45,015 SH   SOLE   45,015 0 0
Colony Financial7.50% Perp CUM PFD 19624r304 592 23,782 SH   SOLE   23,782 0 0
Colony Financial8.50% Perp CUM PFD 19624r205 1,069 41,933 SH   SOLE   41,933 0 0
CoreEnergy 7.375% Pfd - Par Ca PFD 21870u304 668 28,423 SH   SOLE   28,423 0 0
Corporate Office Prop 7.375% C PFD 22002t884 1,808 69,713 SH   SOLE   69,713 0 0
Costamare 7.625% CUM QDI Perp PFD y1771g110 347 18,748 SH   SOLE   18,748 0 0
Costamare 8.50% CUM QDI Perp C PFD y1771g128 2,024 105,392 SH   SOLE   105,392 0 0
Cowen 8.25% Senior Notes Due 1 PFD 223622309 1,522 57,656 SH   SOLE   57,656 0 0
CubeSmart 7.75%CUM Call 11/2/2 PFD 229663208 463 17,954 SH   SOLE   17,954 0 0
DTE Energy 6.5% Jr Sub Call 12 PFD 233331602 1,491 57,350 SH   SOLE   57,350 0 0
Deutsche Bank 8.05% PrpCl6/18 PFD 25150l108 1,947 76,670 SH   SOLE   76,670 0 0
Deutsche Bk Tst6.55%Perp Cl 5/ PFD 25153x208 468 18,877 SH   SOLE   18,877 0 0
Deutsche Bnk 7.6% Prp Cl 2/18 PFD 25154a108 988 39,364 SH   SOLE   39,364 0 0
Digital Realty 6.625% Perp CUM PFD 253868806 462 17,437 SH   SOLE   17,437 0 0
Digital Realty 7.0% Perp Call PFD 253868707 3,054 120,113 SH   SOLE   120,113 0 0
Digital Realty 7.375% Perp CUM PFD 253868871 1,609 55,588 SH   SOLE   55,588 0 0
Discover Financial 6.50%Perp Q PFD 254709207 2,089 79,009 SH   SOLE   79,009 0 0
Dynagas LNG 9.0% QDI CUM cl 2 PFD Y2188b116 1,305 57,081 SH   SOLE   57,081 0 0
EBAY 6.00% Sr Notes Call 3/1/2 PFD 278642202 488 18,360 SH   SOLE   18,360 0 0
EaglePoint Credit 7%SrNts 12/3 PFD 269809208 690 26,450 SH   SOLE   26,450 0 0
EaglePoint Credit 7.75%2022 CU PFD 269809109 1,883 73,789 SH   SOLE   73,789 0 0
Endurance Specialty 6.35% Cl 1 PFD 29267h406 375 13,820 SH   SOLE   13,820 0 0
EverBank Financial 6.75% Perp PFD 29977g201 581 22,583 SH   SOLE   22,583 0 0
First Republic 7.0% Cl 12/18 B PFD 33616c860 5,411 191,531 SH   SOLE   191,531 0 0
First Republic Bank 6.2% Cl 6/ PFD 33616c407 560 21,060 SH   SOLE   21,060 0 0
First Republic Bank 6.70% Cl20 PFD 33616c209 2,333 89,568 SH   SOLE   89,568 0 0
GaslLog Ltd 8.75% Ser A CUM QD PFD g37585117 990 40,650 SH   SOLE   40,650 0 0
General Growth Prop 6.375% Cl PFD 370023202 396 14,800 SH   SOLE   14,800 0 0
Gladstone Commercial 7.00% CUM PFD 376536603 1,163 45,700 SH   SOLE   45,700 0 0
Global Indemnity SrNts7.75% Ca PFD g39319119 1,573 62,695 SH   SOLE   62,695 0 0
Goldman 5.5% Flt Aftr 5/23 Cl PFD 38145g308 1,898 71,669 SH   SOLE   71,669 0 0
GoldmanSachs Lib+75 Min3.75% C PFD 38143y665 612 29,689 SH   SOLE   29,689 0 0
HSBC Hldgs 8.0% Prp Cl 12/15 B PFD 404280802 2,906 109,548 SH   SOLE   109,548 0 0
Hanover Insurance6.35% Cl3/18 PFD 410867204 960 37,165 SH   SOLE   37,165 0 0
Hartford Finl 7.875% 2042 call PFD 416518504 1,398 44,369 SH   SOLE   44,369 0 0
Hatteras Financial 7.625% CUM PFD 41902r400 1,265 50,908 SH   SOLE   50,908 0 0
Hercules Capital 7% 9/2019 BBB PFD 427096870 228 8,921 SH   SOLE   8,921 0 0
Hersha Hospitality 6.50% NR Ca PFD 427825609 387 15,300 SH   SOLE   15,300 0 0
ING Grp NV 7.20%Pfd Perp/Cl l2 PFD 456837301 308 11,679 SH   SOLE   11,679 0 0
IberiaBank Corp 6.60% Call 5/1 PFD 450828504 626 23,900 SH   SOLE   23,900 0 0
Investors REIT 7.95% Perp CUM PFD 461730301 1,412 53,804 SH   SOLE   53,804 0 0
JMP Group 8.00% SrDeb Due1/202 PFD 46629u206 438 17,399 SH   SOLE   17,399 0 0
JPMorgan Chase 6.70%Perp/Call PFD 48127a161 1,848 65,439 SH   SOLE   65,439 0 0
KKR Financial 7.50% SrNts Call PFD 48248a504 4,850 182,399 SH   SOLE   182,399 0 0
KKR Financial 8.375%SrNts Call PFD 48248a405 1,352 51,665 SH   SOLE   51,665 0 0
Kinder Morgan 9.75%CnvPfd 10/2 PFD 49456b200 253 5,172 SH   SOLE   5,172 0 0
LaSalle Hotel 6.3% Call 5/2021 PFD 517942884 275 10,600 SH   SOLE   10,600 0 0
LaSalle Hotel 7.50% Perp CUM C PFD 517942702 1,798 71,084 SH   SOLE   71,084 0 0
M / I Homes 9.75% Pfd Call 11/ PFD 55305b200 360 14,347 SH   SOLE   14,347 0 0
M&T Bank 6.375% Cl 11/18 BBB- PFD 55261f708 512 494 SH   SOLE   494 0 0
MFA Financial 7.5% Prp Cl 4/15 PFD 55272x409 220 8,820 SH   SOLE   8,820 0 0
Maiden Hldgs 8.00%rSNts 2042 c PFD 56029q309 2,224 84,934 SH   SOLE   84,934 0 0
Maiden Holdings 7.125%PrpCl 12 PFD g5753u138 700 27,350 SH   SOLE   27,350 0 0
Maiden Holdings 8.25%Prp Cl8/2 PFD g5753u120 2,004 75,550 SH   SOLE   75,550 0 0
MetLife 3MoLibor+100 Min 4.0% PFD 59156r504 248 9,666 SH   SOLE   9,666 0 0
Morgan Stanley 3MoLib+70bp 4%F PFD 61747s504 465 22,471 SH   SOLE   22,471 0 0
Morgan Stanley 7.125%Flt Aftr1 PFD 61762v200 4,711 158,775 SH   SOLE   158,775 0 0
National General Ins 7.50% Cal PFD 636220808 2,962 116,345 SH   SOLE   116,345 0 0
National General Ins 7.50% Cal PFD 636220709 2,559 100,547 SH   SOLE   100,547 0 0
National General Ins 7.62% Cal PFD 636220873 1,631 64,467 SH   SOLE   64,467 0 0
New York MtgTrust 7.875%Perp C PFD 649604808 277 11,915 SH   SOLE   11,915 0 0
NewTek Business Svs 7.50% Nts PFD 652526302 461 18,011 SH   SOLE   18,011 0 0
News Corp 7.00% 12/1/2095 call PFD 863117206 267 10,303 SH   SOLE   10,303 0 0
NorthStar Realty Fin 8.25% CUM PFD 66704R308 216 8,724 SH   SOLE   8,724 0 0
NorthStar Realty Fin 8.50% CUM PFD 66705V209 388 15,650 SH   SOLE   15,650 0 0
Northstar Realty Fin 8.75% CUM PFD 66704r209 232 9,362 SH   SOLE   9,362 0 0
Northstar Realty Fin 8.875% CU PFD 66704r506 219 8,753 SH   SOLE   8,753 0 0
NuStar Logistics 7.625%Nts Cl PFD 67059t204 1,176 47,325 SH   SOLE   47,325 0 0
PS Business Parks 6.0% Cl 5/20 PFD 69360j685 291 11,133 SH   SOLE   11,133 0 0
Partner Re 6.50%Perp Cal 4/202 PFD g68603136 797 27,500 SH   SOLE   27,500 0 0
Partner Re 7.25% Call 06/21 BB PFD g68603144 6,453 214,164 SH   SOLE   214,164 0 0
Pebblebrook Hotel 8.00% Called PFD 70509v308 3,619 142,897 SH   SOLE   142,897 0 0
Penn Real Estate 8.25% CIM Per PFD 709102404 257 9,752 SH   SOLE   9,752 0 0
Penn RealEstate 7.375%CUM Perp PFD 709102503 728 27,770 SH   SOLE   27,770 0 0
Pitney Bowes 6.7% Cl 3/7/18 PFD 724479506 341 12,500 SH   SOLE   12,500 0 0
Prospect Captl 6.25% 6/24 SrNt PFD 74348t300 227 9,200 SH   SOLE   9,200 0 0
Prudential PLC 6.75% PrpCl 9/0 PFD g7293h114 612 23,127 SH   SOLE   23,127 0 0
Public Storage 6.35% Called 7/ PFD 74460d125 720 28,601 SH   SOLE   28,601 0 0
Quest USWest 7.0% SrNts 2056 2 PFD 74913g808 816 30,700 SH   SOLE   30,700 0 0
Quest USWest SnNotes 7.0% 2052 PFD 74913G402 1,460 56,090 SH   SOLE   56,090 0 0
Quest USWest Sr Nts6.125%Nts C PFD 74913g600 237 9,300 SH   SOLE   9,300 0 0
Quest USWestSnNote7.5% 2051 Cl PFD 74913g303 5,001 193,631 SH   SOLE   193,631 0 0
Quest USWestSnNotes 6.875% CL PFD 74913g105 3,321 126,900 SH   SOLE   126,900 0 0
Raymond James Final 6.90% 2042 PFD 754730208 842 31,885 SH   SOLE   31,885 0 0
Realty Income 6.625% Call 2/17 PFD 756109807 299 11,415 SH   SOLE   11,415 0 0
Regency Centers 6.00% Perp CUM PFD 758849806 456 17,400 SH   SOLE   17,400 0 0
Regions Financial 6.375% Cl 12 PFD 7591ep308 451 16,850 SH   SOLE   16,850 0 0
Reinsurance Group of Amer 6.2% PFD 759351703 363 12,200 SH   SOLE   12,200 0 0
Retail Properties of Amer 7.0% PFD 76131v608 443 16,900 SH   SOLE   16,900 0 0
SL Green Realty 6.5% Perp CUM PFD 78440x507 1,891 72,395 SH   SOLE   72,395 0 0
Seaspan 7.95% 12/2049 Call 1/2 PFD y75638208 337 13,177 SH   SOLE   13,177 0 0
Seaspan 8.20% Perp CUM QDI Cal PFD y75638307 1,176 46,775 SH   SOLE   46,775 0 0
Seaspan 8.25% Perp CUM QDI Cal PFD y75638133 2,075 80,879 SH   SOLE   80,879 0 0
SoCalEd 5.375% CUM cl 2025 QDI PFD 78409g206 811 29,111 SH   SOLE   29,111 0 0
Solar Capital 6.75% Cl 11/17 PFD 83413u308 481 18,973 SH   SOLE   18,973 0 0
Summit Hotel 7.875% Perp CUM C PFD 866082308 2,979 111,173 SH   SOLE   111,173 0 0
Summit Hotel7.125%Perp CUM Cal PFD 866082407 948 36,586 SH   SOLE   36,586 0 0
Sunstone Hotel 6.95% Prp/Cl 3/ PFD 867892606 261 9,900 SH   SOLE   9,900 0 0
Taubman Centers 6.5% CUM NA Cl PFD 876664608 265 10,201 SH   SOLE   10,201 0 0
Telephone & Data 6.875% Cl 11/ PFD 879433845 2,574 98,075 SH   SOLE   98,075 0 0
Telephone & Data 7.0% Cl 3/16 PFD 879433837 858 33,442 SH   SOLE   33,442 0 0
Texas Capitl Bancshares6.50% 2 PFD 882228307 439 16,801 SH   SOLE   16,801 0 0
Torchmark Crp 6.125% SubDebCal PFD 891027401 1,019 38,550 SH   SOLE   38,550 0 0
TravelCenters America 8.00%SrN PFD 894174309 3,030 120,575 SH   SOLE   120,575 0 0
TravelCenters SnNotes 8% 10/20 PFD 894174408 1,483 58,840 SH   SOLE   58,840 0 0
Triancgle Capitl 6.375%Sr Note PFD 895848406 892 34,450 SH   SOLE   34,450 0 0
TriplePoint Venture BDC 6.75% PFD 89677y209 505 19,750 SH   SOLE   19,750 0 0
UMH Propertyies 8.0% Perp Cum PFD 903002301 581 21,726 SH   SOLE   21,726 0 0
US Bancorp 6.5% Flt Aftr 1/22 PFD 902973833 1,380 44,789 SH   SOLE   44,789 0 0
US Celllular SrNts 7.25% 2063 PFD 911684504 532 20,100 SH   SOLE   20,100 0 0
US Cellular 6.95%SrNT 2060 Cl PFD 911684405 489 18,985 SH   SOLE   18,985 0 0
US Cellular 7.25% SrNts12/2064 PFD 911684603 1,446 56,225 SH   SOLE   56,225 0 0
VEREIT Inc 6.70% Perp CUM Cl 2 PFD 92339v209 870 33,606 SH   SOLE   33,606 0 0
Vornado Realty 6.875% BBB- Cal PFD 929042869 2,385 90,760 SH   SOLE   90,760 0 0
Wells Fargo 5.85%Flt Aftr 9/23 PFD 949746556 319 11,550 SH   SOLE   11,550 0 0
Wells Fargo 6.375% Cl 12/19 BB PFD 94988n207 826 30,000 SH   SOLE   30,000 0 0
Wells Fargo 7.5% Cnv@$156 $100 PFD 949746804 16,321 12,562 SH   SOLE   12,562 0 0
Wells Fargo 8.00% Prp Cl12/17 PFD 949746879 9,904 356,645 SH   SOLE   356,645 0 0
WinTrust Financial 6.50% Call PFD 97650w405 212 7,448 SH   SOLE   7,448 0 0
Bank of America 5.20% Perp/Cal PFD 060505ED2 295 315,000 PRN   SOLE   315,000 0 0
Charles Schwab 7% Perp/Call 2/ PFD 808513AE5 1,882 1,647,000 PRN   SOLE   1,647,000 0 0
Citigroup 5.35% Perp/Call 5/23 PFD 172967GR6 699 745,000 PRN   SOLE   745,000 0 0
Citigroup Inc 5.95% Perp Call PFD 172967GD7 834 845,000 PRN   SOLE   845,000 0 0
Citigroup Inc 6.125% Perp Call PFD 172967KD2 253 250,000 PRN   SOLE   250,000 0 0
Citigroup Inc Fix-to-Float Per PFD 172967GF2 199 200,000 PRN   SOLE   200,000 0 0
GE Cap Corp 5.00% Perp/Call 1/ PFD 369604BQ5 2,462 2,317,000 PRN   SOLE   2,317,000 0 0
JPMorgan 6.0% Perp/Call 8/23 - PFD 48126HAA8 1,765 1,735,000 PRN   SOLE   1,735,000 0 0
JPMorgan 7.9% Perp/Call 4/18 - PFD 46625HHA1 2,346 2,300,000 PRN   SOLE   2,300,000 0 0
So. Cal Edison 6.25% Perp/Call PFD 842400FU2 778 700,000 PRN   SOLE   700,000 0 0
Wachovia (WFC) Perp/Call 2/11 PFD 92978AAA0 5,562 5,590,000 PRN   SOLE   5,590,000 0 0
Wells Fargo & Company Perp/Cal PFD 949746PM7 481 460,000 PRN   SOLE   460,000 0 0