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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
ALLERGAN PLC PFD CONV SER A G0177J116 1,544 1,500 PRN   DFND 1 1,500 0 0
ANTHEM INC UNIT 05/01/20188 036752202 920 20,000 PRN   DFND 1 20,000 0 0
BANK AMER CORP 7.25%CNV PFD L 060505682 4,373 4,000 PRN   DFND 1 4,000 0 0
BLACKROCK DEBT STRAT COM 09255R103 4,058 1,204,204 SH   DFND 1 1,204,204 0 0
BLACKROCK FLOAT RATE COM 09255X100 6,693 518,806 SH   DFND 1 518,806 0 0
DANAHER CORP DEL NOTE 1/2 235851AF9 6,739 2,500,000 PRN   DFND 1 2,500,000 0 0
DOMINION RES INC VA UNIT 04/01/2013 25746U703 3,123 59,000 PRN   DFND 1 59,000 0 0
DOMINION RES INC VA UNIT 99/99/9999 25746U869 4,573 95,000 PRN   DFND 1 95,000 0 0
FIDELITY NATIONAL FI NOTE 4.250% 8/1 31620RAE5 1,908 1,000,000 PRN   DFND 1 1,000,000 0 0
GILEAD SCIENCES INC NOTE 1.625% 5/0 375558AP8 11,170 2,500,000 PRN   DFND 1 2,500,000 0 0
GOODRICH PETE CORP DBCV 5.000%10/0 382410AK4 5 20,000 PRN   DFND 1 20,000 0 0
HSBC HLDGS PLC SDCV 5.625%12/2 404280AR0 11,014 11,000,000 PRN   DFND 1 11,000,000 0 0
ILLUMINA INC NOTE 0.500% 6/1 452327AH2 1,166 1,000,000 PRN   DFND 1 1,000,000 0 0
INTEL CORP SDCV 12/1 458140AD2 4,734 3,700,000 PRN   DFND 1 3,700,000 0 0
INTEL CORP SDCV 3.250% 8/0 458140AF7 8,316 5,000,000 PRN   DFND 1 5,000,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 9,929 123,218 PRN   DFND 1 123,218 0 0
LABORATORY CORP AMER NOTE 9/1 50540RAG7 1,716 1,036,000 PRN   DFND 1 1,036,000 0 0
NEWMONT MINING CORP NOTE 1.625% 7/1 651639AJ5 3,432 3,500,000 PRN   DFND 1 3,500,000 0 0
NEXTERA ENERGY INC UNIT 08/31/2018 65339F846 2,090 40,000 SH   DFND 1 40,000 0 0
NOVELLUS SYS INC NOTE 2.625% 5/1 670008AD3 9,413 4,000,000 PRN   DFND 1 4,000,000 0 0
NXP SEMICONDUCTORS N DBCV 1.000%12/0 62952QAB6 2,199 2,000,000 PRN   DFND 1 2,000,000 0 0
POWERSHARES ETF TRUS SENIOR LN PORT 73936Q769 2,558 114,200 PRN   DFND 1 114,200 0 0
PRICELINE GRP INC NOTE 0.900% 9/1 741503AX4 3,531 3,500,000 PRN   DFND 1 3,500,000 0 0
PRICELINE GRP INC NOTE 1.000% 3/1 741503AQ9 4,266 3,000,000 PRN   DFND 1 3,000,000 0 0
PRICELINE GRP INC NOTE 0.350% 6/1 741503AS5 4,460 3,750,000 PRN   DFND 1 3,750,000 0 0
RED HAT INC NOTE 0.250%10/0 756577AD4 4,557 3,500,000 PRN   DFND 1 3,500,000 0 0
SPDR SER TR SHT TRM HGH YLD 78468R408 1,798 70,000 PRN   DFND 1 70,000 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 8,644 254,900 PRN   DFND 1 254,900 0 0
SSGA ACTIVE ETF TR BLKSTN GSOSRLN 78467V608 1,476 32,000 PRN   DFND 1 32,000 0 0
STANLEY BLACK & DECK UNIT 11/17/20166 854502804 1,174 10,000 PRN   DFND 1 10,000 0 0
TEVA PHARMACEUTICAL DBCV 0.250% 2/0 88163VAE9 9,368 6,000,000 PRN   DFND 1 6,000,000 0 0
UNISYS CORP COM NEW 909214306 2,869 259,600 SH   DFND 1 259,600 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 220,118 2,110,436 PRN   DFND 1 2,110,436 0 0
VERIZON COMMUNICATIO COM 92343V104 437 9,450 SH   DFND 1 9,450 0 0
WELLPOINT INC NOTE 2.750%10/1 94973VBG1 10,975 5,750,000 PRN   DFND 1 5,750,000 0 0
WELLS FARGO & CO NEW *W EXP 10/28/201 949746119 768 37,460 PRN   DFND 1 37,460 0 0
WELLS FARGO & CO NEW PERP PFD CNV A 949746804 13,003 11,200 PRN   DFND 1 11,200 0 0
WELLTOWER INC 6.50% PFD PREPET 95040Q203 3,036 50,000 SH   DFND 1 50,000 0 0
WEYERHAEUSER CO PREF CONV SER A 962166872 375 7,450 PRN   DFND 1 7,450 0 0
XILINX INC NOTE 2.625% 6/1 983919AF8 5,681 3,500,000 PRN   DFND 1 3,500,000 0 0