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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
AEGERION PHARMACEUTICALS INC NOTE 2.000% 8/1 00767EAB8 5,395 7,200,000 PRN   SOLE   7,200,000 0 0
AES CORP COM 00130H105 945 67,532 SH   SOLE   67,532 0 0
AETNA INC NEW COM 00817Y108 9,980 49,200 SH   SOLE   49,200 0 0
ALLEGHENY TECHNOLOGIES INC NOTE 4.750% 7/0 01741RAG7 26,948 12,461,000 PRN   SOLE   12,461,000 0 0
ALTABA INC COM 021346101 544,201 7,988,860 SH   SOLE   7,988,860 0 0
AMBAC FINL GROUP INC COM NEW 023139884 12,884 630,936 SH   SOLE   630,936 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 6,789 389,285 SH   SOLE   389,285 0 0
AMKOR TECHNOLOGY INC COM 031652100 1,783 241,244 SH   SOLE   241,244 0 0
AMYRIS INC NOTE 9.500% 4/1 03236MAG6 7,100 7,136,000 PRN   SOLE   7,136,000 0 0
APACHE CORP COM 037411105 396 8,313 SH   SOLE   8,313 0 0
APOLLO COML REAL EST FIN INC NOTE 4.750% 8/2 03762UAB1 1,488 1,500,000 PRN   SOLE   1,500,000 0 0
ARROW ELECTRS INC COM 042735100 299 4,054 SH   SOLE   4,054 0 0
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 8,608 12,430,000 PRN   SOLE   12,430,000 0 0
ATLAS AIR WORLDWIDE HLDGS IN NOTE 1.875% 6/0 049164BJ4 8,449 7,000,000 PRN   SOLE   7,000,000 0 0
AVAYA HLDGS CORP COM 05351X101 13,151 593,971 SH   SOLE   593,971 0 0
AVIS BUDGET GROUP COM 053774105 3,809 118,518 SH   SOLE   118,518 0 0
BARRICK GOLD CORP COM 067901108 466 42,078 SH   SOLE   42,078 0 0
BASIC ENERGY SVCS INC NEW COM NEW 06985P209 8,496 850,479 SH   SOLE   850,479 0 0
BEAZER HOMES USA INC COM NEW 07556Q881 3,203 305,002 SH   SOLE   305,002 0 0
BLACKSTONE MTG TR INC NOTE 4.750% 3/1 09257WAC4 17,893 18,000,000 PRN   SOLE   18,000,000 0 0
BONANZA CREEK ENERGY INC COM NEW 097793400 596 20,000 SH   SOLE   20,000 0 0
BUNGE LIMITED COM G16962105 15,582 226,779 SH   SOLE   226,779 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 24,187 1,162,816 SH   SOLE   1,162,816 0 0
CAESARS ENTMT CORP NOTE 5.000%10/0 127686AA1 37,436 22,986,560 PRN   SOLE   22,986,560 0 0
CAMPBELL SOUP CO COM 134429109 601 16,402 SH   SOLE   16,402 0 0
CONSTELLIUM NV CL A N22035104 1,071 86,750 SH   SOLE   86,750 0 0
CORENERGY INFRASTRUCTURE TR NOTE 7.000% 6/1 21870UAA4 26,556 22,932,000 PRN   SOLE   22,932,000 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 62,430 642,812 SH   SOLE   642,812 0 0
DEVON ENERGY CORP NEW COM 25179M103 284 7,107 SH   SOLE   7,107 0 0
DOMTAR CORP COM NEW 257559203 495 9,496 SH   SOLE   9,496 0 0
DONNELLEY R R & SONS CO COM 257867200 2,557 473,575 SH   SOLE   473,575 0 0
DOWDUPONT INC COM 26078J100 33,117 514,960 SH   SOLE   514,960 0 0
ENCORE CAP EUROPE FIN LTD NOTE 4.500% 9/0 29260UAA5 12,788 12,500,000 PRN   SOLE   12,500,000 0 0
ENCORE CAP GROUP INC NOTE 3.000% 7/0 292554AF9 14,201 14,173,000 PRN   SOLE   14,173,000 0 0
ENCORE CAP GROUP INC NOTE 3.250% 3/1 292554AK8 18,868 18,970,000 PRN   SOLE   18,970,000 0 0
FRONT YD RESIDENTIAL CORP COM 35904G107 1,248 115,000 SH   SOLE   115,000 0 0
GENERAL ELECTRIC CO COM 369604103 415 36,790 SH   SOLE   36,790 0 0
GOGO INC COM 38046C109 2,370 456,575 SH   SOLE   456,575 0 0
GOPRO INC CL A 38268T103 371 51,500 SH   SOLE   51,500 0 0
GOPRO INC NOTE 3.500% 4/1 38268IAA5 7,238 7,500,000 PRN   SOLE   7,500,000 0 0
GRIFOLS S A SP ADR REP B NVT 398438408 14,231 665,938 SH   SOLE   665,938 0 0
HARMONIC INC NOTE 4.000%12/0 413160AB8 9,182 7,950,000 PRN   SOLE   7,950,000 0 0
HERBALIFE LTD NOTE 2.000% 8/1 42703MAB9 57,231 44,000,000 PRN   SOLE   44,000,000 0 0
HERTZ GLOBAL HLDGS INC COM 42806J106 1,566 95,920 SH   SOLE   95,920 0 0
HI-CRUSH PARTNERS LP PUT 428337959 2,160 200,000 SH Put SOLE   200,000 0 0
HORNBECK OFFSHORE SVCS INC N NOTE 1.500% 9/0 440543AN6 6,081 6,900,000 PRN   SOLE   6,900,000 0 0
ILLUMINA INC COM 452327109 2,312 6,300 SH   SOLE   6,300 0 0
INTREXON CORP NOTE 3.500% 7/0 46122TAA0 4,165 3,500,000 PRN   SOLE   3,500,000 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 7,690 228,000 SH   SOLE   228,000 0 0
KB HOME COM 48666K109 307 12,859 SH   SOLE   12,859 0 0
KROGER CO COM 501044101 609 20,911 SH   SOLE   20,911 0 0
LIBERTY MEDIA CORP DEB 3.500% 1/1 530715AN1 9,382 13,600,000 PRN   SOLE   13,600,000 0 0
MBIA INC COM 55262C100 14,514 1,357,689 SH   SOLE   1,357,689 0 0
MERITOR INC COM 59001K100 812 41,937 SH   SOLE   41,937 0 0
MICROCHIP TECHNOLOGY INC NOTE 1.625% 2/1 595017AD6 19,865 13,125,000 PRN   SOLE   13,125,000 0 0
NABORS INDUSTRIES LTD SHS G6359F103 3,000 486,984 SH   SOLE   486,984 0 0
NEW RESIDENTIAL INVT CORP COM NEW 64828T201 4,206 236,035 SH   SOLE   236,035 0 0
NEW YORK MTG TR INC NOTE 6.250% 1/1 649604AD7 5,135 5,158,000 PRN   SOLE   5,158,000 0 0
NEWELL BRANDS INC COM 651229106 675 33,240 SH   SOLE   33,240 0 0
NORTHERN OIL & GAS INC NEV COM 665531109 5,496 1,374,000 SH   SOLE   1,374,000 0 0
NOVAVAX INC NOTE 3.750% 2/0 670002AB0 25,849 42,549,000 PRN   SOLE   42,549,000 0 0
NRG ENERGY INC COM NEW 629377508 2,213 59,158 SH   SOLE   59,158 0 0
NXP SEMICONDUCTORS N V COM N6596X109 24,462 286,100 SH   SOLE   286,100 0 0
OI S A SPONSORED ADR NE 670851500 4,352 1,594,210 SH   SOLE   1,594,210 0 0
PAR PACIFIC HOLDINGS INC COM NEW 69888T207 64,417 3,157,682 SH   SOLE   3,157,682 0 0
PARKER DRILLING CO COM NEW 701081408 1,764 591,844 SH   SOLE   591,844 0 0
PDL BIOPHARMA INC NOTE 2.750%12/0 69329YAG9 21,396 21,681,000 PRN   SOLE   21,681,000 0 0
RANDGOLD RES LTD ADR 752344309 10,329 146,400 SH   SOLE   146,400 0 0
REDWOOD TR INC NOTE 5.625% 7/1 758075AD7 12,829 13,000,000 PRN   SOLE   13,000,000 0 0
RENEWABLE ENERGY GROUP INC NOTE 4.000% 6/1 75972AAC7 30,561 11,200,000 PRN   SOLE   11,200,000 0 0
REPLIGEN CORP NOTE 2.125% 6/0 759916AA7 8,881 5,000,000 PRN   SOLE   5,000,000 0 0
RESTORATION HARDWARE HLDGS I DBCV 7/1 761283AC4 53,410 43,335,000 PRN   SOLE   43,335,000 0 0
RH PUT 74967X953 12,773 97,500 SH Put SOLE   97,500 0 0
RYDER SYS INC COM 783549108 937 12,828 SH   SOLE   12,828 0 0
SAEXPLORATION HLDGS INC COM PAR 78636X873 1,344 130,450 SH   SOLE   130,450 0 0
SANOFI RIGHT 12/31/2020 80105N113 3,895 6,956,279 SH   SOLE   6,956,279 0 0
SEADRILL LTD COM G7998G106 31,572 1,274,105 SH   SOLE   1,274,105 0 0
SHIRE PLC SPONSORED ADR 82481R106 3,390 18,700 SH   SOLE   18,700 0 0
SINA CORP ORD G81477104 32,009 460,698 SH   SOLE   460,698 0 0
SOLARCITY CORP NOTE 2.750%11/0 83416TAA8 32,931 33,475,000 PRN   SOLE   33,475,000 0 0
SPDR S&P 500 ETF TR CALL 78462F903 174,432 600,000 SH Call SOLE   600,000 0 0
SPDR S&P 500 ETF TR PUT 78462F953 1,235,560 4,250,000 SH Put SOLE   4,250,000 0 0
T MOBILE US INC COM 872590104 1,354 19,288 SH   SOLE   19,288 0 0
TEGNA INC COM 87901J105 1,013 84,676 SH   SOLE   84,676 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 5,073 178,250 SH   SOLE   178,250 0 0
TESLA INC NOTE 1.250% 3/0 88160RAC5 121,444 127,000,000 PRN   SOLE   127,000,000 0 0
TESLA INC NOTE 2.375% 3/1 88160RAD3 70,227 68,843,000 PRN   SOLE   68,843,000 0 0
TESLA INC PUT 88160R951 20,652 78,000 SH Put SOLE   78,000 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 669 31,050 SH   SOLE   31,050 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 36,369 785,000 SH   SOLE   785,000 0 0
TWITTER INC NOTE 0.250% 9/1 90184LAB8 3,873 4,000,000 PRN   SOLE   4,000,000 0 0
TWO HBRS INVT CORP COM NEW 90187B408 618 41,394 SH   SOLE   41,394 0 0
TWO HBRS INVT CORP NOTE 6.250% 1/1 90187BAA9 60,338 58,687,000 PRN   SOLE   58,687,000 0 0
UNITED TECHNOLOGIES CORP COM 913017109 31,106 222,488 SH   SOLE   222,488 0 0
VANECK VECTORS ETF TR OIL SVCS ETF 92189F718 4,458 176,985 SH   SOLE   176,985 0 0
VIACOM INC NEW CL B 92553P201 734 21,748 SH   SOLE   21,748 0 0
WESTERN DIGITAL CORP COM 958102105 767 13,100 SH   SOLE   13,100 0 0
WHIRLPOOL CORP COM 963320106 244 2,058 SH   SOLE   2,058 0 0
YAHOO INC NOTE 12/0 984332AF3 25,291 19,903,000 PRN   SOLE   19,903,000 0 0