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 649 300 SH   SOLE   300 0 0
3M Company COM 88579y101 17,669 100,261 SH   SOLE   100,261 0 0
ABB Ltd-Spon ADR COM 000375204 4,313 191,595 SH   SOLE   191,595 0 0
AT&T Inc COM 00206r102 8,892 218,949 SH   SOLE   218,949 0 0
AbbVie Inc COM 00287y109 10,058 159,476 SH   SOLE   159,476 0 0
Abbott Laboratories COM 002824100 9,283 219,497 SH   SOLE   219,497 0 0
Accenture PLC-Cl A COM g1151c101 4,416 36,145 SH   SOLE   36,145 0 0
Adobe Systems Inc COM 00724f101 985 9,074 SH   SOLE   9,074 0 0
Aetna Inc COM 00817Y108 781 6,769 SH   SOLE   6,769 0 0
Aflac Inc COM 001055102 809 11,250 SH   SOLE   11,250 0 0
Agilent Technologies Inc COM 00846u101 822 17,465 SH   SOLE   17,465 0 0
Air Products & Chemicals Inc COM 009158106 6,702 44,577 SH   SOLE   44,577 0 0
Allegion PLC COM g0176j109 243 3,532 SH   SOLE   3,532 0 0
Allergan plc (new) COM g0177j108 588 2,555 SH   SOLE   2,555 0 0
Allstate Corp COM 020002101 400 5,775 SH   SOLE   5,775 0 0
Alphabet Inc-Cl A COM 02079k305 6,932 8,621 SH   SOLE   8,621 0 0
Alphabet Inc-Cl C COM 02079k107 5,118 6,584 SH   SOLE   6,584 0 0
Altria Group Inc COM 02209s103 10,269 162,409 SH   SOLE   162,409 0 0
AmTrust Financial Services COM 032359309 215 8,001 SH   SOLE   8,001 0 0
Amarillo Gold Corp COM 02301t108 4 13,000 SH   SOLE   13,000 0 0
Amazon.com Inc COM 023135106 1,031 1,231 SH   SOLE   1,231 0 0
American Electric Power COM 025537101 499 7,767 SH   SOLE   7,767 0 0
American Express Co COM 025816109 1,277 19,944 SH   SOLE   19,944 0 0
AmerisourceBergen Corp COM 03073e105 240 2,973 SH   SOLE   2,973 0 0
Amgen Inc COM 031162100 2,635 15,796 SH   SOLE   15,796 0 0
Anthem Inc COM 036752103 2,186 17,448 SH   SOLE   17,448 0 0
Apple Inc COM 037833100 29,653 262,302 SH   SOLE   262,302 0 0
Archer-Daniels-Midland Co COM 039483102 833 19,761 SH   SOLE   19,761 0 0
Ares Capital Corp COM 04010l103 161 10,417 SH   SOLE   10,417 0 0
Automatic Data Processing COM 053015103 15,424 174,876 SH   SOLE   174,876 0 0
BCE Inc COM 05534b760 2,357 51,031 SH   SOLE   51,031 0 0
Bank Of Marin Bancorp/CA COM 063425102 771 15,503 SH   SOLE   15,503 0 0
Bank of America Corp COM 060505104 6,085 388,833 SH   SOLE   388,833 0 0
Baxter International Inc. COM 071813109 398 8,367 SH   SOLE   8,367 0 0
Becton Dickinson & Co COM 075887109 3,125 17,389 SH   SOLE   17,389 0 0
Berkshire Hathaway Inc-Cl B COM 084670702 3,426 23,712 SH   SOLE   23,712 0 0
Biogen Inc COM 09062x103 1,451 4,634 SH   SOLE   4,634 0 0
Blackrock Inc COM 09247x101 266 735 SH   SOLE   735 0 0
Blackstone Group/The COM 09253u108 923 36,146 SH   SOLE   36,146 0 0
Boeing Co COM 097023105 1,882 14,287 SH   SOLE   14,287 0 0
Bristol-Myers Squibb Co COM 110122108 16,161 299,716 SH   SOLE   299,716 0 0
Broadcom Ltd COM y09827109 232 1,342 SH   SOLE   1,342 0 0
Brown-Forman Corp -Cl B COM 115637209 271 5,717 SH   SOLE   5,717 0 0
CR Bard Inc COM 067383109 408 1,818 SH   SOLE   1,818 0 0
CVS Health Corp COM 126650100 5,666 63,668 SH   SOLE   63,668 0 0
CalAtlantic Group COM 128195104 869 26,000 SH   SOLE   26,000 0 0
Canadian Natl Railway Co COM 136375102 224 3,420 SH   SOLE   3,420 0 0
Cardinal Health Inc COM 14149Y108 449 5,778 SH   SOLE   5,778 0 0
Carlyle Group/The COM 14309l102 307 19,700 SH   SOLE   19,700 0 0
Caterpillar Inc COM 149123101 2,827 31,843 SH   SOLE   31,843 0 0
Celgene Corp COM 151020104 677 6,472 SH   SOLE   6,472 0 0
CenterPoint Energy Inc COM 15189t107 1,939 83,466 SH   SOLE   83,466 0 0
Cerner Corp COM 156782104 3,037 49,181 SH   SOLE   49,181 0 0
Cerus Corp COM 157085101 62 10,000 SH   SOLE   10,000 0 0
Check Point Software Tech COM m22465104 633 8,151 SH   SOLE   8,151 0 0
Chevron Corp COM 166764100 25,650 249,223 SH   SOLE   249,223 0 0
Chubb Ltd (new) COM h1467j104 2,788 22,190 SH   SOLE   22,190 0 0
Cigna Corp COM 125509109 240 1,845 SH   SOLE   1,845 0 0
Cincinnati Financial Corp COM 172062101 620 8,226 SH   SOLE   8,226 0 0
Cintas Corp COM 172908105 336 2,986 SH   SOLE   2,986 0 0
Cisco Systems Inc COM 17275R102 4,494 141,674 SH   SOLE   141,674 0 0
Citigroup Inc COM 172967424 272 5,754 SH   SOLE   5,754 0 0
Clorox Company COM 189054109 12,778 102,075 SH   SOLE   102,075 0 0
Coca-Cola Co/The COM 191216100 5,286 124,912 SH   SOLE   124,912 0 0
Colgate-Palmolive Co COM 194162103 10,217 137,801 SH   SOLE   137,801 0 0
Comcast Corp-Cl A COM 20030n101 9,367 141,196 SH   SOLE   141,196 0 0
ConAgra Foods Inc COM 205887102 1,527 32,409 SH   SOLE   32,409 0 0
ConocoPhillips COM 20825C104 6,176 142,071 SH   SOLE   142,071 0 0
Consolidated Edison Inc COM 209115104 641 8,518 SH   SOLE   8,518 0 0
Cool Technologies Inc COM 21639y100 60 333,333 SH   SOLE   333,333 0 0
Costco Wholesale Corp COM 22160K105 17,040 111,732 SH   SOLE   111,732 0 0
Crown Castle Intl Corp COM 22822v101 14,695 155,979 SH   SOLE   155,979 0 0
DTE Energy Company COM 233331107 210 2,247 SH   SOLE   2,247 0 0
Danaher Corp COM 235851102 4,123 52,602 SH   SOLE   52,602 0 0
Deere & Co COM 244199105 1,320 15,466 SH   SOLE   15,466 0 0
Diageo Plc-Sponsored ADR COM 25243q205 525 4,528 SH   SOLE   4,528 0 0
Dick's Sporting Goods Inc COM 253393102 861 15,188 SH   SOLE   15,188 0 0
Disney Co./Walt The COM 254687106 16,108 173,465 SH   SOLE   173,465 0 0
Dominion Resources Inc/Va COM 25746u109 654 8,801 SH   SOLE   8,801 0 0
Dover Corp COM 260003108 436 5,917 SH   SOLE   5,917 0 0
Dow Chemical COM 260543103 553 10,662 SH   SOLE   10,662 0 0
Dr Pepper Snapple Group Inc COM 26138e109 989 10,828 SH   SOLE   10,828 0 0
Du Pont (E.I.) De Nemours COM 263534109 7,512 112,167 SH   SOLE   112,167 0 0
Duke Energy Corp COM 26441c204 766 9,564 SH   SOLE   9,564 0 0
ETFS Physical Precious Metals COM 26922w109 370 5,550 SH   SOLE   5,550 0 0
Eaton Corp PLC COM g29183103 1,099 16,722 SH   SOLE   16,722 0 0
Ecolab Inc COM 278865100 11,674 95,906 SH   SOLE   95,906 0 0
Edison International COM 281020107 10,151 140,492 SH   SOLE   140,492 0 0
Electronic Arts Inc COM 285512109 217 2,544 SH   SOLE   2,544 0 0
Eli Lilly & Co COM 532457108 5,033 62,715 SH   SOLE   62,715 0 0
Emerson Electric Co COM 291011104 1,841 33,770 SH   SOLE   33,770 0 0
Encounter Technologies Inc COM 29259j303 0 62,000 SH   SOLE   62,000 0 0
Enterprise Products Partners COM 293792107 1,083 39,211 SH   SOLE   39,211 0 0
Equity Residential COM 29476l107 231 3,585 SH   SOLE   3,585 0 0
Essex Property Trust Inc COM 297178105 421 1,890 SH   SOLE   1,890 0 0
Eurasian Minerals Inc COM 29843r100 58 54,086 SH   SOLE   54,086 0 0
Eversource Energy COM 30040w108 354 6,530 SH   SOLE   6,530 0 0
Express Scripts Holding Co. COM 30219g108 844 11,971 SH   SOLE   11,971 0 0
Exxon Mobil Corp COM 30231G102 11,666 133,662 SH   SOLE   133,662 0 0
Facebook Inc COM 30303m102 38,141 297,353 SH   SOLE   297,353 0 0
FedEx Corp COM 31428x106 770 4,410 SH   SOLE   4,410 0 0
First Republic Bank/San Franci COM 33616C100 1,272 16,495 SH   SOLE   16,495 0 0
First Trust Mid Cap Growth Alp COM 33737m102 1,710 55,173 SH   SOLE   55,173 0 0
First Trust Mid Cap Value ETF COM 33737m201 261 8,783 SH   SOLE   8,783 0 0
First Trust Morningstar Divide COM 336917109 1,459 53,496 SH   SOLE   53,496 0 0
First Trust Rising Dividend Ac COM 33738r506 252 11,384 SH   SOLE   11,384 0 0
Ford Motor Co COM 345370860 352 29,168 SH   SOLE   29,168 0 0
Fortinet Inc COM 34959e109 347 9,390 SH   SOLE   9,390 0 0
Fortive Corp COM 34959j108 679 13,333 SH   SOLE   13,333 0 0
Franklin Covey Co COM 353469109 178 10,000 SH   SOLE   10,000 0 0
Freeport McMoRan Inc-B COM 35671d857 160 14,740 SH   SOLE   14,740 0 0
Frontier Communications Corp COM 35906a108 274 65,818 SH   SOLE   65,818 0 0
General Dynamics Corp COM 369550108 2,606 16,795 SH   SOLE   16,795 0 0
General Electric Co COM 369604103 22,900 773,132 SH   SOLE   773,132 0 0
General Mills Inc COM 370334104 6,479 101,426 SH   SOLE   101,426 0 0
General Motors Co COM 37045v100 274 8,625 SH   SOLE   8,625 0 0
Genuine Parts Co COM 372460105 6,916 68,854 SH   SOLE   68,854 0 0
Gilead Sciences Inc COM 375558103 1,803 22,782 SH   SOLE   22,782 0 0
GlaxoSmithKline Plc-ADR COM 37733w105 1,288 29,863 SH   SOLE   29,863 0 0
Global Brands Group Holding COM g39338101 1 10,000 SH   SOLE   10,000 0 0
Goldman Sachs Group Inc COM 38141G104 386 2,395 SH   SOLE   2,395 0 0
Grainger (W.W.) Inc COM 384802104 574 2,555 SH   SOLE   2,555 0 0
Great Plains Energy Inc COM 391164100 791 28,980 SH   SOLE   28,980 0 0
Groupon Inc COM 399473107 350 68,000 SH   SOLE   68,000 0 0
Guggenheim Russell Top 50 ETF COM 78355w205 748 4,896 SH   SOLE   4,896 0 0
Guggenheim S&P Equal Weight COM 78355w106 550 6,574 SH   SOLE   6,574 0 0
HCP Inc REIT COM 40414l109 6,843 180,322 SH   SOLE   180,322 0 0
HP Inc COM 40434l105 164 10,556 SH   SOLE   10,556 0 0
Harman International COM 413086109 641 7,595 SH   SOLE   7,595 0 0
Hess Corp COM 42809h107 375 7,000 SH   SOLE   7,000 0 0
Hewlett Packard Enterprise COM 42824c109 293 12,868 SH   SOLE   12,868 0 0
Home Depot Inc COM 437076102 11,410 88,668 SH   SOLE   88,668 0 0
Honeywell International Inc COM 438516106 5,818 49,900 SH   SOLE   49,900 0 0
Hormel Foods Corp COM 440452100 748 19,710 SH   SOLE   19,710 0 0
Illinois Tool Works COM 452308109 986 8,225 SH   SOLE   8,225 0 0
Ingersoll-Rand PLC COM g47791101 2,013 29,633 SH   SOLE   29,633 0 0
Integral Technologies Inc COM 45810j103 2 17,000 SH   SOLE   17,000 0 0
Intel Corp COM 458140100 15,462 409,579 SH   SOLE   409,579 0 0
International Paper Co COM 460146103 226 4,718 SH   SOLE   4,718 0 0
Intl Business Machines Corp COM 459200101 4,810 30,282 SH   SOLE   30,282 0 0
Intl Flavors & Fragrances COM 459506101 936 6,550 SH   SOLE   6,550 0 0
Intrexon Corp COM 46122t102 302 10,770 SH   SOLE   10,770 0 0
Ivanhoe Mines Ltd COM 46579r104 422 240,000 SH   SOLE   240,000 0 0
JPMorgan Chase & Co COM 46625H100 8,758 131,527 SH   SOLE   131,527 0 0
Jacobs Engineering Group Inc COM 469814107 312 6,028 SH   SOLE   6,028 0 0
Johnson & Johnson COM 478160104 29,154 246,794 SH   SOLE   246,794 0 0
Johnson Controls Intl PLC COM g51502105 1,616 34,731 SH   SOLE   34,731 0 0
KKR & Co LP COM 48248m102 148 10,400 SH   SOLE   10,400 0 0
Keysight Technologies Inc COM 49338l103 248 7,831 SH   SOLE   7,831 0 0
Kimberly-Clark Corp COM 494368103 15,812 125,350 SH   SOLE   125,350 0 0
Kinder Morgan Inc COM 49456b101 6,051 261,601 SH   SOLE   261,601 0 0
Kraft Heinz Co/The COM 500754106 3,266 36,488 SH   SOLE   36,488 0 0
L-3 Communications Holdings COM 502424104 407 2,701 SH   SOLE   2,701 0 0
Laboratory Corp Of Amer Hldgs COM 50540r409 2,156 15,679 SH   SOLE   15,679 0 0
Lam Research Corp COM 512807108 419 4,427 SH   SOLE   4,427 0 0
Leggett & Platt Inc COM 524660107 553 12,135 SH   SOLE   12,135 0 0
Li & Fung Ltd COM g5485f169 5 10,000 SH   SOLE   10,000 0 0
Lockheed Martin Corp COM 539830109 4,789 19,978 SH   SOLE   19,978 0 0
Lowe's Cos Inc COM 548661107 3,889 53,851 SH   SOLE   53,851 0 0
Lululemon Athletica Inc COM 550021109 504 8,260 SH   SOLE   8,260 0 0
Macy's Inc COM 55616p104 1,041 28,109 SH   SOLE   28,109 0 0
Manulife Financial Corp COM 56501r106 488 34,598 SH   SOLE   34,598 0 0
Marathon Petroleum Corp COM 56585a102 310 7,644 SH   SOLE   7,644 0 0
Marriott International-Cl A COM 571903202 2,911 43,233 SH   SOLE   43,233 0 0
McCormick & Co-Non Votung Shrs COM 579780206 2,507 25,089 SH   SOLE   25,089 0 0
McDonald's Corp COM 580135101 11,298 97,940 SH   SOLE   97,940 0 0
Medical Properties Trust Inc COM 58463j304 254 17,169 SH   SOLE   17,169 0 0
Medivation Inc COM 58501n101 354 4,355 SH   SOLE   4,355 0 0
Medtronic PLC COM g5960l103 7,219 83,556 SH   SOLE   83,556 0 0
Merck & Co. Inc. COM 58933y105 9,192 147,292 SH   SOLE   147,292 0 0
Microsoft Corp COM 594918104 16,455 285,680 SH   SOLE   285,680 0 0
Middleby Corp COM 596278101 203 1,644 SH   SOLE   1,644 0 0
Mobileye NV COM n51488117 651 15,301 SH   SOLE   15,301 0 0
Molson Coors Brewing Co -B COM 60871r209 252 2,296 SH   SOLE   2,296 0 0
Mondelez International COM 609207105 2,580 58,777 SH   SOLE   58,777 0 0
Morgan Stanley COM 617446448 2,498 77,926 SH   SOLE   77,926 0 0
Mylan NV COM n59465109 1,366 35,833 SH   SOLE   35,833 0 0
NXP Semiconductors Nv COM n6596x109 812 7,960 SH   SOLE   7,960 0 0
Nestle Sa-Spons ADR For Reg COM 641069406 4,487 56,784 SH   SOLE   56,784 0 0
NextEra Energy Inc COM 65339f101 13,880 113,476 SH   SOLE   113,476 0 0
Nike Inc -Cl B COM 654106103 8,709 165,422 SH   SOLE   165,422 0 0
Nordstrom Inc COM 655664100 423 8,154 SH   SOLE   8,154 0 0
Norfolk Southern Corp COM 655844108 471 4,857 SH   SOLE   4,857 0 0
Northrop Grumman Corp COM 666807102 246 1,149 SH   SOLE   1,149 0 0
Novartis Ag-ADR COM 66987v109 3,698 46,839 SH   SOLE   46,839 0 0
Novo-Nordisk A/S-Spons ADR COM 670100205 215 5,179 SH   SOLE   5,179 0 0
Nucor Corp COM 670346105 257 5,205 SH   SOLE   5,205 0 0
Occidental Petroleum Corp COM 674599105 6,584 90,289 SH   SOLE   90,289 0 0
Oracle Corp COM 68389x105 4,578 116,543 SH   SOLE   116,543 0 0
P G & E Corp COM 69331c108 808 13,214 SH   SOLE   13,214 0 0
PPG Industries Inc COM 693506107 452 4,372 SH   SOLE   4,372 0 0
Paccar Inc COM 693718108 1,657 28,187 SH   SOLE   28,187 0 0
Palo Alto Networks COM 697435105 2,016 12,653 SH   SOLE   12,653 0 0
Parker-Hannifin Corp COM 701094104 242 1,924 SH   SOLE   1,924 0 0
Paychex Inc COM 704326107 284 4,903 SH   SOLE   4,903 0 0
Pentair PLC COM g7s00t104 451 7,020 SH   SOLE   7,020 0 0
PepsiCo Inc COM 713448108 9,302 85,515 SH   SOLE   85,515 0 0
Pfizer Inc COM 717081103 9,696 286,281 SH   SOLE   286,281 0 0
Philip Morris International COM 718172109 2,741 28,189 SH   SOLE   28,189 0 0
Phillips 66 COM 718546104 365 4,527 SH   SOLE   4,527 0 0
Piedmont Office Realty Trust COM 720190206 414 19,000 SH   SOLE   19,000 0 0
Plains All American Pipeline L COM 726503105 204 6,482 SH   SOLE   6,482 0 0
Potash Corp Of Saskatchewan COM 73755l107 309 18,915 SH   SOLE   18,915 0 0
PowerShares Buyback Achievers COM 73935x286 257 5,419 SH   SOLE   5,419 0 0
PowerShares Preferred Portfoli COM 73936t565 12,156 803,462 SH   SOLE   803,462 0 0
Powershares QQQ NASDAQ 100 Tru COM 73935a104 3,830 32,264 SH   SOLE   32,264 0 0
Praxair Inc COM 74005p104 2,569 21,260 SH   SOLE   21,260 0 0
Preferred Apartment Communitie COM 74039l103 3,339 247,150 SH   SOLE   247,150 0 0
ProLogis Inc COM 74340w103 641 11,967 SH   SOLE   11,967 0 0
Procter & Gamble Co COM 742718109 26,658 297,023 SH   SOLE   297,023 0 0
Public Service Enterprise Grou COM 744573106 2,308 55,126 SH   SOLE   55,126 0 0
Public Storage Inc COM 74460d109 557 2,497 SH   SOLE   2,497 0 0
Qualcomm Inc COM 747525103 513 7,488 SH   SOLE   7,488 0 0
Quest Diagnostics COM 74834l100 288 3,406 SH   SOLE   3,406 0 0
Raytheon Company COM 755111507 457 3,355 SH   SOLE   3,355 0 0
Realty Income Corp COM 756109104 12,886 192,529 SH   SOLE   192,529 0 0
Regeneron Pharmaceuticals Inc COM 75886f107 467 1,162 SH   SOLE   1,162 0 0
Retail Properties of America COM 76131v202 460 27,393 SH   SOLE   27,393 0 0
Robert Half Intl Inc COM 770323103 208 5,483 SH   SOLE   5,483 0 0
Roche Holdings LTD-Spons ADR COM 771195104 3,332 107,595 SH   SOLE   107,595 0 0
Rockwell Collins Inc. COM 774341101 622 7,375 SH   SOLE   7,375 0 0
Roper Technologies Inc COM 776696106 232 1,273 SH   SOLE   1,273 0 0
Royal Dutch Shell Plc-ADR A COM 780259206 471 9,400 SH   SOLE   9,400 0 0
S&P Global Inc COM 78409v104 1,316 10,402 SH   SOLE   10,402 0 0
SAP SE-Sponsored ADR COM 803054204 814 8,910 SH   SOLE   8,910 0 0
SPDR Consumer Discretionary Se COM 81369y407 6,450 80,580 SH   SOLE   80,580 0 0
SPDR Consumer Staples Select S COM 81369y308 4,953 93,089 SH   SOLE   93,089 0 0
SPDR Dow Jones Industrial Aver COM 78467x109 982 5,371 SH   SOLE   5,371 0 0
SPDR Energy Select Sector COM 81369y506 13,591 192,476 SH   SOLE   192,476 0 0
SPDR Financial Select Sector COM 81369y605 3,134 162,402 SH   SOLE   162,402 0 0
SPDR Gold Trust COM 78463v107 1,860 14,806 SH   SOLE   14,806 0 0
SPDR Health Care Select Sector COM 81369y209 6,679 92,627 SH   SOLE   92,627 0 0
SPDR Industrial Select Sector COM 81369y704 4,781 81,898 SH   SOLE   81,898 0 0
SPDR Materials Select Sector COM 81369y100 1,274 26,690 SH   SOLE   26,690 0 0
SPDR Real Estate Sector COM 81369y860 744 22,689 SH   SOLE   22,689 0 0
SPDR S&P 500 Index Trust Serie COM 78462f103 7,203 33,303 SH   SOLE   33,303 0 0
SPDR S&P Aerospace & Defense E COM 78464a631 254 4,359 SH   SOLE   4,359 0 0
SPDR S&P Biotech ETF COM 78464a870 384 5,790 SH   SOLE   5,790 0 0
SPDR S&P Dividend COM 78464a763 11,259 133,460 SH   SOLE   133,460 0 0
SPDR S&P MidCap 400 ETF Trust COM 78467y107 9,987 35,379 SH   SOLE   35,379 0 0
SPDR Technology Select Sector COM 81369y803 9,534 199,538 SH   SOLE   199,538 0 0
SPDR Utilities Select Sector COM 81369y886 989 20,181 SH   SOLE   20,181 0 0
SVB Financial Group COM 78486q101 2,609 23,600 SH   SOLE   23,600 0 0
Salesforce.Com Inc COM 79466l302 2,227 31,225 SH   SOLE   31,225 0 0
Sanofi-ADR COM 80105n105 3,300 86,416 SH   SOLE   86,416 0 0
Scana Corp COM 80589m102 910 12,574 SH   SOLE   12,574 0 0
Schlumberger Ltd COM 806857108 686 8,728 SH   SOLE   8,728 0 0
Schwab (Charles) Corp COM 808513105 832 26,343 SH   SOLE   26,343 0 0
Schwab US Broad Market ETF COM 808524102 1,698 32,450 SH   SOLE   32,450 0 0
Schwab US Dividend Equity ETF COM 808524797 5,532 130,748 SH   SOLE   130,748 0 0
Schwab US Large-Cap ETF COM 808524201 1,881 36,447 SH   SOLE   36,447 0 0
Schwab US Mid-Cap ETF COM 808524508 1,304 29,959 SH   SOLE   29,959 0 0
Sempra Energy COM 816851109 3,360 31,343 SH   SOLE   31,343 0 0
Sherwin-Williams Co COM 824348106 514 1,859 SH   SOLE   1,859 0 0
Siemens Ag-Spons ADR COM 826197501 245 2,092 SH   SOLE   2,092 0 0
Sierra Vista Bk **Stk Election COM 3900546 109 20,000 SH   SOLE   20,000 0 0
Silvercorp Metals Inc COM 82835p103 32 10,000 SH   SOLE   10,000 0 0
Simon Property Group Inc COM 828806109 418 2,017 SH   SOLE   2,017 0 0
Southern Co COM 842587107 2,178 42,466 SH   SOLE   42,466 0 0
Southwest Airlines COM 844741108 387 9,953 SH   SOLE   9,953 0 0
Spectra Energy Corp COM 847560109 4,933 115,394 SH   SOLE   115,394 0 0
Spectral Medical Inc COM 847577103 31 25,000 SH   SOLE   25,000 0 0
Sprott Resource Corp COM 85207d103 190 526,834 SH   SOLE   526,834 0 0
St Jude Medical Inc COM 790849103 596 7,478 SH   SOLE   7,478 0 0
Stanley Black & Decker Inc COM 854502101 5,996 48,758 SH   SOLE   48,758 0 0
Starbucks Corp COM 855244109 6,647 122,770 SH   SOLE   122,770 0 0
State Street Corp COM 857477103 228 3,280 SH   SOLE   3,280 0 0
Sysco Corp COM 871829107 736 15,016 SH   SOLE   15,016 0 0
T Rowe Price Group Inc COM 74144t108 557 8,370 SH   SOLE   8,370 0 0
TJX Companies Inc COM 872540109 564 7,549 SH   SOLE   7,549 0 0
Target Corp COM 87612e106 8,011 116,642 SH   SOLE   116,642 0 0
Taseko Mines Ltd COM 876511106 19 40,000 SH   SOLE   40,000 0 0
Tesla Motors Inc COM 88160r101 759 3,720 SH   SOLE   3,720 0 0
Teva Pharmaceutical-Sp ADR COM 881624209 410 8,912 SH   SOLE   8,912 0 0
Texas Instruments Inc COM 882508104 542 7,716 SH   SOLE   7,716 0 0
Thermo Fisher Scientific Inc COM 883556102 269 1,691 SH   SOLE   1,691 0 0
Time Warner Inc COM 887317303 2,302 28,914 SH   SOLE   28,914 0 0
Toronto Dominion Bank COM 891160509 4,576 103,074 SH   SOLE   103,074 0 0
Toyota Motor Corp -Spon ADR COM 892331307 2,118 18,250 SH   SOLE   18,250 0 0
Travelers Cos Inc/The COM 89417e109 3,510 30,639 SH   SOLE   30,639 0 0
Tri-Valley Corporation COM 895735108 0 15,600 SH   SOLE   15,600 0 0
Twenty-First Century Fox-B (fo COM 90130a200 1,886 76,247 SH   SOLE   76,247 0 0
U S Bancorp COM 902973304 2,917 68,006 SH   SOLE   68,006 0 0
UDR Inc COM 902653104 255 7,080 SH   SOLE   7,080 0 0
Unilever N V -NY Shares COM 904784709 4,051 87,873 SH   SOLE   87,873 0 0
Unilever Plc-Sponsored ADR COM 904767704 1,960 41,359 SH   SOLE   41,359 0 0
Union Pacific Corp COM 907818108 2,056 21,079 SH   SOLE   21,079 0 0
United Parcel Service-Cl B COM 911312106 8,948 81,818 SH   SOLE   81,818 0 0
United Technologies Corp COM 913017109 3,189 31,385 SH   SOLE   31,385 0 0
UnitedHealth Group Inc COM 91324P102 1,590 11,360 SH   SOLE   11,360 0 0
VF Corporation COM 918204108 469 8,373 SH   SOLE   8,373 0 0
VanEck Vectors Pharmaceutical COM 92189f692 382 6,643 SH   SOLE   6,643 0 0
Vanguard Consumer Discretionar COM 92204a108 480 3,814 SH   SOLE   3,814 0 0
Vanguard Consumer Staples Vipe COM 92204a207 292 2,135 SH   SOLE   2,135 0 0
Vanguard Developed Mkts COM 921943858 1,183 31,620 SH   SOLE   31,620 0 0
Vanguard Dividend Appreciation COM 921908844 704 8,385 SH   SOLE   8,385 0 0
Vanguard Emerging Mkts COM 922042858 693 18,404 SH   SOLE   18,404 0 0
Vanguard High Div Yield COM 921946406 2,486 34,467 SH   SOLE   34,467 0 0
Vanguard Info Tech Vipers COM 92204a702 563 4,681 SH   SOLE   4,681 0 0
Vanguard Large-Cap Vipers ETF COM 922908637 297 3,000 SH   SOLE   3,000 0 0
Vanguard Mid-Cap COM 922908629 2,509 19,380 SH   SOLE   19,380 0 0
Vanguard REIT COM 922908553 563 6,485 SH   SOLE   6,485 0 0
Vanguard Small-Cap Vipers COM 922908751 2,003 16,396 SH   SOLE   16,396 0 0
Vanguard Total Stock Market COM 922908769 14,655 131,636 SH   SOLE   131,636 0 0
Varian Medical Systems Inc COM 92220P105 2,274 22,843 SH   SOLE   22,843 0 0
Verisk Analytics Inc-Class A COM 92345Y106 622 7,650 SH   SOLE   7,650 0 0
Verizon Communications Inc COM 92343v104 30,410 585,028 SH   SOLE   585,028 0 0
Visa Inc-Class A Shares COM 92826c839 2,427 29,345 SH   SOLE   29,345 0 0
Vornado Realty Trust COM 929042109 6,887 68,050 SH   SOLE   68,050 0 0
Voyant International Corp COM 92909w108 0 53,652 SH   SOLE   53,652 0 0
WEC Energy Group Inc COM 92939u106 5,385 89,932 SH   SOLE   89,932 0 0
Wal-Mart Stores Inc COM 931142103 1,564 21,693 SH   SOLE   21,693 0 0
Walgreens Boots Alliance Inc COM 931427108 10,786 133,783 SH   SOLE   133,783 0 0
Waste Management Inc COM 94106l109 12,447 195,217 SH   SOLE   195,217 0 0
Wells Fargo & Company COM 949746101 29,314 662,018 SH   SOLE   662,018 0 0
Westamerica Bancorportaion COM 957090103 672 13,209 SH   SOLE   13,209 0 0
Weyerhaeuser Co COM 962166104 530 16,602 SH   SOLE   16,602 0 0
Whirlpool Corp COM 963320106 2,532 15,613 SH   SOLE   15,613 0 0
White Mountains Insurance Grou COM g9618e107 697 840 SH   SOLE   840 0 0
Whole Foods Market Inc COM 966837106 3,583 126,397 SH   SOLE   126,397 0 0
Williams Cos Inc COM 969457100 5,408 175,988 SH   SOLE   175,988 0 0
Williams-Sonoma Inc COM 969904101 3,362 65,825 SH   SOLE   65,825 0 0
WisdomTree MidCap Div Index COM 97717w505 304 3,340 SH   SOLE   3,340 0 0
Xcel Energy Inc COM 98389b100 225 5,461 SH   SOLE   5,461 0 0
Xylem Inc COM 98419m100 205 3,910 SH   SOLE   3,910 0 0
Yahoo! Inc COM 984332106 1,010 23,435 SH   SOLE   23,435 0 0
Yum! Brands Inc COM 988498101 423 4,658 SH   SOLE   4,658 0 0
Zimmer Biomet Holdings Inc COM 98956p102 2,579 19,838 SH   SOLE   19,838 0 0
iShares Core US Value COM 464287663 212 4,608 SH   SOLE   4,608 0 0
iShares DJ Select Dividend Ind COM 464287168 7,045 82,212 SH   SOLE   82,212 0 0
iShares DJ US Energy Sector COM 464287796 1,009 25,865 SH   SOLE   25,865 0 0
iShares DJ US Financial Sect COM 464287788 1,051 11,677 SH   SOLE   11,677 0 0
iShares DJ US Health Car Pro COM 464288828 255 2,052 SH   SOLE   2,052 0 0
iShares DJ US Telecommunicatio COM 464287713 900 27,941 SH   SOLE   27,941 0 0
iShares DJ US Transport Index COM 464287192 1,327 9,137 SH   SOLE   9,137 0 0
iShares Goldman Sachs Tech I COM 464287721 275 2,310 SH   SOLE   2,310 0 0
iShares MSCI EAFE Index COM 464287465 909 15,373 SH   SOLE   15,373 0 0
iShares MSCI Emerging Markets COM 464287234 385 10,267 SH   SOLE   10,267 0 0
iShares MSCI Singapore Index COM 464286673 111 10,200 SH   SOLE   10,200 0 0
iShares MSCI USA Quality Facto COM 46432f339 1,015 15,044 SH   SOLE   15,044 0 0
iShares Nasdaq Biotech Index F COM 464287556 5,501 19,005 SH   SOLE   19,005 0 0
iShares Russell 1000 Growth COM 464287614 709 6,809 SH   SOLE   6,809 0 0
iShares Russell 2000 Index Fun COM 464287655 544 4,383 SH   SOLE   4,383 0 0
iShares Russell Midcap COM 464287499 296 1,698 SH   SOLE   1,698 0 0
iShares Russell Midcap Growth COM 464287481 201 2,067 SH   SOLE   2,067 0 0
iShares S&P 100 Index Fund COM 464287101 1,915 19,961 SH   SOLE   19,961 0 0
iShares S&P 500 Index Fund COM 464287200 583 2,682 SH   SOLE   2,682 0 0
iShares S&P Europe 350 COM 464287861 545 13,850 SH   SOLE   13,850 0 0
iShares S&P Global 100 COM 464287572 641 8,546 SH   SOLE   8,546 0 0
iShares S&P Midcap 400 COM 464287507 1,451 9,381 SH   SOLE   9,381 0 0
iShares S&P Midcap 400/Value COM 464287705 428 3,217 SH   SOLE   3,217 0 0
iShares S&P SmallCap 600 COM 464287804 520 4,190 SH   SOLE   4,190 0 0
iShares S&P US Preferred Stock COM 464288687 9,663 244,642 SH   SOLE   244,642 0 0
AEGON 8.00% 2042 Notes Call 08 PFD 007924608 3,010 112,751 SH   SOLE   112,751 0 0
AGNC Investment Corp 7.75% Per PFD 00123q302 690 26,883 SH   SOLE   26,883 0 0
AGNC Investment Corp 8.0% Perp PFD 02503x204 989 37,857 SH   SOLE   37,857 0 0
AON Cap 8.205% 1/27 Non-Call B PFD 22532r101 2,326 69,906 SH   SOLE   69,906 0 0
Affiliated Mgrs Grp 6.375% SrN PFD 008252876 346 13,183 SH   SOLE   13,183 0 0
AllState 6.75 2049 Call 10/201 PFD 020002606 252 9,289 SH   SOLE   9,289 0 0
Allied Capital ARCC6.875% 4/20 PFD 01903q207 241 9,398 SH   SOLE   9,398 0 0
American Homes 4Rent 6.50% Per PFD 02665t702 392 14,650 SH   SOLE   14,650 0 0
Amtrust Financial 6.95% QDI Ca PFD 032359820 381 15,000 SH   SOLE   15,000 0 0
Amtrust Financial 7.25% CUM QD PFD 032359507 302 11,733 SH   SOLE   11,733 0 0
Amtrust Financial 7.25% SrNt C PFD 032359861 307 11,800 SH   SOLE   11,800 0 0
Amtrust Financial 7.5% QDI Cal PFD 032359887 2,844 110,015 SH   SOLE   110,015 0 0
Amtrust Financial 7.50%Nts 205 PFD 032359853 506 18,601 SH   SOLE   18,601 0 0
Amtrust Financial 7.625%CUM QD PFD 032359705 3,758 144,923 SH   SOLE   144,923 0 0
Amtrust Financial 7.75% QDI Ca PFD 032359846 1,895 70,700 SH   SOLE   70,700 0 0
Annaly Capital 7.625% CUM Cl 8 PFD 035710888 1,254 49,542 SH   SOLE   49,542 0 0
Annaly Capital 7.625% Perp Cl PFD 035710706 258 10,131 SH   SOLE   10,131 0 0
Arbor Realty 8.50% CUM Perp Ca PFD 038923801 290 11,114 SH   SOLE   11,114 0 0
Arch Capital 6.75% BBB QDI Cl PFD g0450a204 678 26,461 SH   SOLE   26,461 0 0
Argo Group 6.5% Sr Notes Call PFD 040130205 1,738 67,118 SH   SOLE   67,118 0 0
Ashford Hospitality 7.375% NR PFD 044103604 1,516 58,450 SH   SOLE   58,450 0 0
Aspen Insurance 7.25% Call07/2 PFD g05384147 7,604 293,692 SH   SOLE   293,692 0 0
Aspen Insurance 7.401% Call 07 PFD g05384139 349 13,773 SH   SOLE   13,773 0 0
Aviva 8.25% 12/2041 Called 12/ PFD 05382a203 2,442 95,708 SH   SOLE   95,708 0 0
Axis Capital 6.875% Cl 4/17 QD PFD g0692u307 587 22,922 SH   SOLE   22,922 0 0
BB&T Capital 5.625% Call 8/201 PFD 054937404 230 8,924 SH   SOLE   8,924 0 0
BGC Partners 8.125% 2042 Call PFD 05541t408 4,587 176,740 SH   SOLE   176,740 0 0
BancOfCalifornia 7.00% Cal2021 PFD 05990k874 1,208 45,983 SH   SOLE   45,983 0 0
BancOfCalifornia 7.375% Ca2020 PFD 05990k882 5,358 203,275 SH   SOLE   203,275 0 0
BancOfCalifornia 8.00% Cal2018 PFD 05990k403 2,211 82,377 SH   SOLE   82,377 0 0
Bank of America $1000pv 7.25% PFD 060505682 2,459 2,014 SH   SOLE   2,014 0 0
Bank of America 4.0%Min Float PFD 060505815 253 10,308 SH   SOLE   10,308 0 0
Bank of America 6.5% Prp Cl 1/ PFD 060505310 562 20,824 SH   SOLE   20,824 0 0
Bank of America 6.625% Prp/Cl PFD 060505344 3,092 114,223 SH   SOLE   114,223 0 0
Bank of America 6.625%Prp Cl 1 PFD 060505740 692 26,178 SH   SOLE   26,178 0 0
Barclays 8.125% Perp/Cl 3/14 B PFD 06739h362 461 17,700 SH   SOLE   17,700 0 0
Barclays Bank 7.1% Prp Call 12 PFD 06739h776 486 18,891 SH   SOLE   18,891 0 0
BlueRock Residential Growth 7. PFD 09627j748 713 27,219 SH   SOLE   27,219 0 0
BlueRock Residential Growth 8. PFD 09627j508 1,937 73,180 SH   SOLE   73,180 0 0
CBL & Associates 6.625% Perp C PFD 124830803 360 14,246 SH   SOLE   14,246 0 0
CBL&Assoc Properties 7.375%CUM PFD 124830605 266 10,622 SH   SOLE   10,622 0 0
CHS Chemical 7.50% Cl 1/2025 C PFD 12542r803 7,376 249,783 SH   SOLE   249,783 0 0
CHS Chemicals 6.75% Perp cl 20 PFD 12542r704 367 12,830 SH   SOLE   12,830 0 0
CHS Chemicals 7.875% Perp cl 2 PFD 12542r308 290 9,797 SH   SOLE   9,797 0 0
Capital One Finl 6.7%Prp Call PFD 14040h709 1,561 55,482 SH   SOLE   55,482 0 0
CenturyLink Quest 7.0%SnNts Cl PFD 74913g501 3,139 119,551 SH   SOLE   119,551 0 0
Chesapeake Lodging 7.75% PerpC PFD 165240201 4,316 166,636 SH   SOLE   166,636 0 0
Citigroup 5.8% B1 Call 4/18 QD PFD 172967366 229 8,850 SH   SOLE   8,850 0 0
Citigroup 7.125% Flt Aftr 9/23 PFD 172967358 8,281 285,943 SH   SOLE   285,943 0 0
Citigroup Tst 7.875% Cl2015 Li PFD 173080201 892 33,895 SH   SOLE   33,895 0 0
City Office REIT 6.625% CUM Ca PFD 178587200 583 23,500 SH   SOLE   23,500 0 0
Colony Financial7.125%Perp CUM PFD 19624r403 1,184 47,776 SH   SOLE   47,776 0 0
Colony Financial7.50% Perp CUM PFD 19624r304 604 24,014 SH   SOLE   24,014 0 0
Colony Financial8.50% Perp CUM PFD 19624r205 1,070 41,708 SH   SOLE   41,708 0 0
CoreEnergy 7.375% Pfd - Par Ca PFD 21870u304 753 30,417 SH   SOLE   30,417 0 0
Corporate Office Prop 7.375% C PFD 22002t884 1,767 68,240 SH   SOLE   68,240 0 0
Costamare 7.625% CUM QDI Perp PFD y1771g110 435 19,023 SH   SOLE   19,023 0 0
Costamare 8.50% CUM QDI Perp C PFD y1771g128 2,264 102,310 SH   SOLE   102,310 0 0
Cowen 8.25% Senior Notes Due 1 PFD 223622309 1,439 54,306 SH   SOLE   54,306 0 0
CubeSmart 7.75%CUM Called 11/2 PFD 229663208 440 17,472 SH   SOLE   17,472 0 0
DTE Energy 6.5% Jr Sub Call 12 PFD 233331602 983 38,450 SH   SOLE   38,450 0 0
Deutsche Bank 8.05% PrpCl6/18 PFD 25150l108 630 25,871 SH   SOLE   25,871 0 0
Deutsche Bnk 7.6% Prp Cl 2/18 PFD 25154a108 386 16,246 SH   SOLE   16,246 0 0
Digital Realty 6.625% Perp CUM PFD 253868806 460 17,843 SH   SOLE   17,843 0 0
Digital Realty 7.375% Perp CUM PFD 253868871 1,457 52,988 SH   SOLE   52,988 0 0
Discover Financial 6.50%Perp Q PFD 254709207 2,045 78,423 SH   SOLE   78,423 0 0
Dynagas LNG 9.0% QDI CUM cl 2 PFD Y2188b116 1,270 50,781 SH   SOLE   50,781 0 0
EBAY 6.00% Sr Notes Call 3/1/2 PFD 278642202 573 21,100 SH   SOLE   21,100 0 0
EaglePoint Credit 7%SrNts 12/3 PFD 269809208 739 28,800 SH   SOLE   28,800 0 0
EaglePoint Credit 7.75%2022 CU PFD 269809109 1,933 73,767 SH   SOLE   73,767 0 0
Endurance Specialty 6.35% Cl 1 PFD 29267h406 359 12,820 SH   SOLE   12,820 0 0
EverBank Financial 6.75% Perp PFD 29977g201 468 18,206 SH   SOLE   18,206 0 0
First Republic 7.0% Cl 12/18 B PFD 33616c860 5,130 187,927 SH   SOLE   187,927 0 0
First Republic Bank 6.2% Cl 6/ PFD 33616c407 542 21,060 SH   SOLE   21,060 0 0
First Republic Bank 6.70% Cl20 PFD 33616c209 2,293 89,486 SH   SOLE   89,486 0 0
GaslLog Ltd 8.75% Ser A CUM QD PFD g37585117 1,246 49,390 SH   SOLE   49,390 0 0
General Growth Prop 6.375% Cl PFD 370023202 383 14,800 SH   SOLE   14,800 0 0
Gladstone Commercial 7.00% CUM PFD 376536603 1,772 69,800 SH   SOLE   69,800 0 0
Gladstone Investment 6.25% CUM PFD 376546503 763 30,000 SH   SOLE   30,000 0 0
Global Indemnity SrNts7.75% Ca PFD g3933f121 1,781 69,020 SH   SOLE   69,020 0 0
Goldman 5.5% Flt Aftr 5/23 Cl PFD 38145g308 1,913 71,359 SH   SOLE   71,359 0 0
GoldmanSachs Lib+75 Min3.75% C PFD 38143y665 659 29,189 SH   SOLE   29,189 0 0
HSBC Hldgs 8.0% Prp Cl 12/15 B PFD 404280802 2,750 105,310 SH   SOLE   105,310 0 0
Hanover Insurance6.35% Cl3/18 PFD 410867204 1,179 45,790 SH   SOLE   45,790 0 0
Hartford Finl 7.875% 2042 call PFD 416518504 1,346 42,669 SH   SOLE   42,669 0 0
Hercules Capital 6.25%SrNts 24 PFD 427096862 213 8,300 SH   SOLE   8,300 0 0
Hercules Capital 7% 9/2019 BBB PFD 427096870 259 10,171 SH   SOLE   10,171 0 0
Hersha Hospitality 6.50% NR Ca PFD 427825609 446 17,550 SH   SOLE   17,550 0 0
ING Grp NV 7.20%Pfd Perp/Cl l2 PFD 456837301 291 11,218 SH   SOLE   11,218 0 0
IberiaBank Corp 6.60% Call 5/1 PFD 450828504 888 33,290 SH   SOLE   33,290 0 0
Investors REIT 7.95% Perp CUM PFD 461730301 1,362 52,790 SH   SOLE   52,790 0 0
JMP Group 8.00% SrDeb Due1/202 PFD 46629u206 441 17,364 SH   SOLE   17,364 0 0
JPMorgan Chase 6.70%Perp/Call PFD 48127a161 1,841 65,093 SH   SOLE   65,093 0 0
KKR Financial 7.50% SrNts Call PFD 48248a504 4,609 179,049 SH   SOLE   179,049 0 0
KKR Financial 8.375% BBB Calle PFD 48248a405 1,301 50,965 SH   SOLE   50,965 0 0
LaSalle Hotel 6.3% Call 5/2021 PFD 517942884 272 10,600 SH   SOLE   10,600 0 0
LaSalle Hotel 7.50% Perp CUM C PFD 517942702 1,772 69,965 SH   SOLE   69,965 0 0
M / I Homes 9.75% Pfd Call 11/ PFD 55305b200 385 15,215 SH   SOLE   15,215 0 0
M&T Bank 6.375% Cl 11/18 BBB- PFD 55261f708 514 494 SH   SOLE   494 0 0
MFA Financial 7.5% Prp Cl 4/15 PFD 55272x409 228 8,868 SH   SOLE   8,868 0 0
Maiden Hldgs 8.00%rSNts 2042 c PFD 56029q309 2,131 83,088 SH   SOLE   83,088 0 0
Maiden Holdings 7.125%PrpCl 12 PFD g5753u138 764 29,290 SH   SOLE   29,290 0 0
Maiden Holdings 8.25%Prp Cl8/2 PFD g5753u120 1,972 75,932 SH   SOLE   75,932 0 0
MetLife 3MoLibor+100 Min 4.0% PFD 59156r504 246 9,666 SH   SOLE   9,666 0 0
Morgan Stanley 3MoLib+70bp 4%F PFD 61747s504 579 23,884 SH   SOLE   23,884 0 0
Morgan Stanley 7.125%Flt Aftr1 PFD 61762v200 5,338 180,901 SH   SOLE   180,901 0 0
National General 7.5% QDI NA C PFD 636220857 2,424 93,335 SH   SOLE   93,335 0 0
National General Ins 7.62% Cal PFD 636220873 1,829 70,417 SH   SOLE   70,417 0 0
National General Ins7.50%Call4 PFD 636220808 3,038 116,745 SH   SOLE   116,745 0 0
National General Ins7.50%Call7 PFD 636220709 2,678 103,395 SH   SOLE   103,395 0 0
New York MtgTrust 7.875%Perp C PFD 649604808 286 11,994 SH   SOLE   11,994 0 0
NewTek Business Svs 7.0%Nts du PFD 652526401 207 8,090 SH   SOLE   8,090 0 0
NewTek Business Svs 7.50% Nts PFD 652526302 484 18,811 SH   SOLE   18,811 0 0
News Corp 7.00% 12/1/2095 call PFD 863117206 270 10,303 SH   SOLE   10,303 0 0
NorthStar Realty Fin 8.25% CUM PFD 66704R308 247 9,750 SH   SOLE   9,750 0 0
NorthStar Realty Fin 8.50% CUM PFD 66705V209 692 26,865 SH   SOLE   26,865 0 0
NorthStar Realty Fin 8.75% CUM PFD 66704r605 292 11,436 SH   SOLE   11,436 0 0
Northstar Realty Fin 8.75% CUM PFD 66704r209 207 8,113 SH   SOLE   8,113 0 0
Northstar Realty Fin 8.875% CU PFD 66704r506 239 9,358 SH   SOLE   9,358 0 0
NuStar Logistics 7.625%Nts Cl PFD 67059t204 1,239 48,475 SH   SOLE   48,475 0 0
Oxford Lane Cap8.125% Cl6/2017 PFD 691543409 221 8,513 SH   SOLE   8,513 0 0
PS Business Parks 6.0% Cl 5/20 PFD 69360j685 285 11,144 SH   SOLE   11,144 0 0
Partner Re 6.50%Perp Cal 4/202 PFD g68603136 785 27,500 SH   SOLE   27,500 0 0
Partner Re 7.25% Call 06/21 BB PFD g68603144 6,347 211,291 SH   SOLE   211,291 0 0
Penn Real Estate 8.25% CIM Per PFD 709102404 248 9,657 SH   SOLE   9,657 0 0
Penn RealEstate 7.375%CUM Perp PFD 709102503 616 23,767 SH   SOLE   23,767 0 0
Pitney Bowes 6.7% Cl 3/7/18 BB PFD 724479506 333 12,500 SH   SOLE   12,500 0 0
Prospect Captl 6.25% 6/24 SrNt PFD 74348t300 959 37,400 SH   SOLE   37,400 0 0
Prudential PLC 6.75% PrpCl 9/0 PFD g7293h114 597 22,827 SH   SOLE   22,827 0 0
Quest USWest 7.0% SrNts 2056 2 PFD 74913g808 1,404 50,800 SH   SOLE   50,800 0 0
Quest USWest SnNotes 7.0% 2052 PFD 74913G402 1,397 54,550 SH   SOLE   54,550 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 2,344 91,784 SH   SOLE   91,784 0 0
Quest USWestSnNotes 6.875% CL PFD 74913g105 3,408 126,000 SH   SOLE   126,000 0 0
Qwest Corp 6.5% Sr Note 9/56 C PFD 74913g881 2,448 94,715 SH   SOLE   94,715 0 0
Raymond James Final 6.90% 2042 PFD 754730208 776 30,014 SH   SOLE   30,014 0 0
Realty Income 6.625% Call 2/17 PFD 756109807 298 11,422 SH   SOLE   11,422 0 0
Regency Centers 6.00% Perp CUM PFD 758849806 449 17,400 SH   SOLE   17,400 0 0
Regions Financial 6.375% Cl 12 PFD 7591ep308 436 16,850 SH   SOLE   16,850 0 0
Reinsurance Group of Amer 6.2% PFD 759351703 345 12,000 SH   SOLE   12,000 0 0
Retail Properties of Amer 7.0% PFD 76131v608 428 16,400 SH   SOLE   16,400 0 0
SL Green Realty 6.5% Perp CUM PFD 78440x507 1,895 71,825 SH   SOLE   71,825 0 0
Seaspan 7.875% Perp Cum QDI Ca PFD 81254u304 550 21,900 SH   SOLE   21,900 0 0
Seaspan 7.95% 12/2049 Call 1/2 PFD y75638208 329 13,177 SH   SOLE   13,177 0 0
Seaspan 8.20% Perp CUM QDI Cal PFD y75638307 1,423 57,025 SH   SOLE   57,025 0 0
Seaspan 8.25% Perp CUM QDI Cal PFD y75638133 2,004 80,179 SH   SOLE   80,179 0 0
SoCalEd 5.375% CUM cl 2025 QDI PFD 78409g206 845 29,111 SH   SOLE   29,111 0 0
Solar Capital 6.75% Cl 11/17 PFD 83413u308 487 18,873 SH   SOLE   18,873 0 0
Sotherly Hotels 8% Cum Perp C PFD 83600c301 1,955 74,901 SH   SOLE   74,901 0 0
Summit Hotel 7.875% Perp CUM C PFD 866082308 2,854 108,477 SH   SOLE   108,477 0 0
Summit Hotel7.125%Perp CUM Cal PFD 866082407 936 36,363 SH   SOLE   36,363 0 0
Sunstone Hotel 6.95% Prp/Cl 3/ PFD 867892606 404 14,779 SH   SOLE   14,779 0 0
Taubman Centers 6.5% CUM NA Cl PFD 876664608 277 10,588 SH   SOLE   10,588 0 0
Telephone & Data 6.875% Cl 11/ PFD 879433845 2,249 87,425 SH   SOLE   87,425 0 0
Telephone & Data 7.0% Cl 3/16 PFD 879433837 837 32,342 SH   SOLE   32,342 0 0
Texas Capitl Bancshares6.50% 2 PFD 882228307 443 17,201 SH   SOLE   17,201 0 0
Torchmark Crp 6.125% SubDebCal PFD 891027401 1,049 38,550 SH   SOLE   38,550 0 0
TravelCenters America 8.00%SrN PFD 894174309 3,143 122,475 SH   SOLE   122,475 0 0
TravelCenters SnNotes 8% 10/20 PFD 894174408 1,477 58,165 SH   SOLE   58,165 0 0
Triancgle Capitl 6.375%Sr Note PFD 895848406 886 34,075 SH   SOLE   34,075 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 600 21,787 SH   SOLE   21,787 0 0
US Bancorp 6.5% Flt Aftr 1/22 PFD 902973833 1,348 44,739 SH   SOLE   44,739 0 0
US Celllular SrNts 7.25% 2063 PFD 911684504 531 19,900 SH   SOLE   19,900 0 0
US Cellular 6.95%SrNT 2060 Cl PFD 911684405 499 18,985 SH   SOLE   18,985 0 0
US Cellular 7.25% SrNts12/2064 PFD 911684603 1,750 64,702 SH   SOLE   64,702 0 0
VEREIT Inc 6.70% Perp CUM Cl 2 PFD 92339v209 872 32,733 SH   SOLE   32,733 0 0
Wells Fargo 5.85%Flt Aftr 9/23 PFD 949746556 298 11,150 SH   SOLE   11,150 0 0
Wells Fargo 6.375% Cl 12/19 BB PFD 94988n207 795 30,000 SH   SOLE   30,000 0 0
Wells Fargo 7.5% Cnv@$156 $100 PFD 949746804 17,146 13,096 SH   SOLE   13,096 0 0
Wells Fargo 8.00% Prp Cl12/17 PFD 949746879 9,513 352,188 SH   SOLE   352,188 0 0
Wheeler RealEstate 8.75%CUM Pu PFD 963025606 416 16,300 SH   SOLE   16,300 0 0
WinTrust Financial 6.50% Call PFD 97650w405 219 7,455 SH   SOLE   7,455 0 0
Bank of America 5.20% Perp/Cal PFD 060505ED2 306 315,000 PRN   SOLE   315,000 0 0
Charles Schwab 7% Perp/Call 2/ PFD 808513AE5 1,914 1,632,000 PRN   SOLE   1,632,000 0 0
Citigroup 5.35% Perp/Call 5/23 PFD 172967GR6 713 720,000 PRN   SOLE   720,000 0 0
Citigroup 5.875% Perp/Call 3/2 PFD 172967JK8 354 350,000 PRN   SOLE   350,000 0 0
Citigroup Inc 5.95% Perp Call PFD 172967GD7 848 820,000 PRN   SOLE   820,000 0 0
Citigroup Inc 6.125% Perp Call PFD 172967KD2 572 550,000 PRN   SOLE   550,000 0 0
Citigroup Inc Fix-to-Float Per PFD 172967GF2 207 200,000 PRN   SOLE   200,000 0 0
GE Cap Corp 5.00% Perp/Call 1/ PFD 369604BQ5 2,468 2,317,000 PRN   SOLE   2,317,000 0 0
JPMorgan 6.0% Perp/Call 8/23 - PFD 48126HAA8 1,809 1,735,000 PRN   SOLE   1,735,000 0 0
JPMorgan 7.9% Perp/Call 4/18 - PFD 46625HHA1 2,728 2,655,000 PRN   SOLE   2,655,000 0 0
So. Cal Edison 6.25% Perp/Call PFD 842400FU2 782 700,000 PRN   SOLE   700,000 0 0
Wachovia (WFC) Perp/Call 2/11 PFD 92978AAA0 5,481 5,495,000 PRN   SOLE   5,495,000 0 0
Wells Fargo & Company Perp/Cal PFD 949746PM7 480 460,000 PRN   SOLE   460,000 0 0