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
ALLIANT TECHSYSTEMS INC NOTE 3.000% 8/1 018804AK0 21 3,000,000 PRN   SOLE 0 3,000,000 0 0
AMERICAN REALTY CAP PPTYS INC NOTE 3.000% 8/0 02917TAA2 947 1,000,000 PRN   SOLE 0 1,000,000 0 0
ANAREN INC COM 032744104 823 201,685 SH   SOLE 0 201,685 0 0
ANNALY CAP MGMT INC COM 035710409 175 15,100 SH   SOLE 0 15,100 0 0
AUTOLIV INC COM 052800109 1,182 13,483 SH   SOLE 0 13,483 0 0
BANK OF AMERICA CORPORATION COM 060505104 138 10,000 SH   SOLE 0 10,000 0 0
BARRICK GOLD CORP COM 067901108 745 40,000 SH   SOLE 0 40,000 0 0
BELO CORP COM SER A 080555105 7,583 553,501 SH   SOLE 0 553,501 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 2,165 30,000 SH   SOLE 0 30,000 0 0
BROOKDALE SR LIVING INC COM NEW 112463104 1,315 50,000 SH   SOLE 0 50,000 0 0
CITIGROUP INC COM NEW 172967424 1,300 26,800 SH   SOLE 0 26,800 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 1,054 25,400 SH   SOLE 0 25,400 0 0
CORNERSTONE THERAPEUTICS INC COM 21924P103 2,870 305,000 SH   SOLE 0 305,000 0 0
CUMMINS INC COM 231021106 465 3,500 SH   SOLE 0 3,500 0 0
DEERE & CO COM 244199105 570 7,000 SH   SOLE 0 7,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 1,030 43,676 SH   SOLE 0 43,676 0 0
DOLE FOOD CO INC NEW COM 256603101 5,889 432,352 SH   SOLE 0 432,352 0 0
DRESSER-RAND GROUP INC COM 261608103 374 6,000 SH   SOLE 0 6,000 0 0
ELAN PLC ADR 284131208 25,576 1,641,572 SH   SOLE 0 1,641,572 0 0
ELECTRONIC ARTS INC NOTE 0.750% 7/1 285512AA7 1,089 1,000,000 PRN   SOLE 0 1,000,000 0 0
EXPEDIA INC DEL COM NEW 30212P303 2,591 50,000 SH   SOLE 0 50,000 0 0
FLOWSERVE CORP COM 34354P105 312 5,000 SH   SOLE 0 5,000 0 0
GENERAL MTRS CO COM 37045V100 360 10,000 SH   SOLE 0 10,000 0 0
GOLDCORP INC NEW NOTE 2.000% 8/0 380956AB8 1,517 1,500,000 PRN   SOLE 0 1,500,000 0 0
GOOGLE INC CL A 38259P508 652 744 SH   SOLE 0 744 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 324 14,600 SH   SOLE 0 14,600 0 0
INTUITITVE SURGICAL INC CIOM NEQW 46120E602 3,386 9,000 SH   SOLE 0 9,000 0 0
PENNEY J C INC COM 708160106 1,409 160,000 SH   SOLE 0 160,000 0 0
JPMORGAN CHASE & CO COM 46625H100 982 19,000 SH   SOLE 0 19,000 0 0
KAYDON CORP COM 486587108 23,328 656,750 SH   SOLE 0 656,750 0 0
LINEAR TECHNOLOGY CORP NOTE 3.000% 5/0 535678AC0 1,071 1,000,000 PRN   SOLE 0 1,000,000 0 0
MCGRAW HILL FINL INC COM 580645109 4,198 64,000 SH   SOLE 0 64,000 0 0
METHANEX CORP COM 59151K108 256 5,000 SH   SOLE 0 5,000 0 0
MGM RESORTS INTERNATIONAL NOTE 4.250% 4/1 55303QAE0 1,271 1,000,000 PRN   SOLE 0 1,000,000 0 0
MICRON TECHNOLOGY INC NOTE 1.875% 6/0 595112AH6 69 3,000,000 PRN   SOLE 0 3,000,000 0 0
MORGAN STANLEY COM NEW 617446448 1,364 50,600 PRN   SOLE 0 50,600 0 0
MOSAIC CO NEW COM 61945C103 473 11,000 SH   SOLE 0 11,000 0 0
NATIONAL OILWELL VARCO INC COM 637071101 351 4,500 SH   SOLE 0 4,500 0 0
NUANCE COMMUNICATIONS INC COM 67020Y100 5,540 296,600 SH   SOLE 0 296,600 0 0
PARAGON SHIPPING INC CL A NEW 69913R408 173 30,000 SH   SOLE 0 30,000 0 0
PARKER HANNIFIN CORP COM 701094104 217 2,000 SH   SOLE 0 2,000 0 0
ROCHESTER MED CORP COM 771497104 8,683 435,000 SH   SOLE 0 435,000 0 0
ROCKWELL AUTOMATION INC COM 773903109 214 2,000 SH   SOLE 0 2,000 0 0
ROCKWOOD HOLDGS INC COM 774415103 1,037 15,500 SH   SOLE 0 15,500 0 0
SAKS INC COM 79277W108 8,806 552,450 SH   SOLE 0 552,450 0 0
SOURCEFIRE INC COM 83616T108 5,824 76,718 SH   SOLE 0 76,718 0 0
TAKE-TWO INTERACTIVE SOFTWARE NOTE 1.750% 12/0 874054AC3 2,388 2,000,000 PRN   SOLE 0 2,000,000 0 0