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
Aflac Inc Common Stock 001055102 513 7,083 SH   SOLE   7,083 0 0
AGNC Investment Corp REIT 00123Q104 840 42,229 SH   SOLE   42,229 0 0
AMC ENTERTAINMENT INC. GLOBAL 5.75% 06/15/2025 00165AAH1 308 300,000 PRN   SOLE   300,000 0 0
American Airlines Group Inc Common Stock 001765106 95 80,929 SH   SOLE   80,929 0 0
AT&T Inc Common Stock 00206R102 432 10,402 SH   SOLE   10,402 0 0
Aetna Inc Common Stock 00817Y108 2,134 16,733 SH   SOLE   16,733 0 0
Air Lease Corp Common Stock 00912X302 343 8,850 SH   SOLE   8,850 0 0
Allegiant Travel Co Common Stock 01748X102 180 1,121 SH   SOLE   1,121 0 0
ALLIANCE ONE INTL INC GLOBAL 9.875% 7/15/2021 018772AS2 304 350,000 PRN   SOLE   350,000 0 0
Allstate Corp/The Common Stock 020002101 48 589 SH   SOLE   589 0 0
Altria Group Inc Common Stock 02209S103 1,825 25,552 SH   SOLE   25,552 0 0
American Airlines Group Inc Common Stock 02376R102 140 3,317 SH   SOLE   3,317 0 0
Archer-Daniels-Midland Co Common Stock 039483102 2,168 47,100 SH   SOLE   47,100 0 0
Ares Capital Corp Common Stock 04010L103 356 20,505 SH   SOLE   20,505 0 0
Atmos Energy Corp Common Stock 049560105 831 10,520 SH   SOLE   10,520 0 0
AutoZone Inc Common Stock 053332102 43 59 SH   SOLE   59 0 0
Avon Products Inc Common Stock 054303102 689 156,669 SH   SOLE   156,669 0 0
BCE Inc Common Stock 05534B760 799 18,041 SH   SOLE   18,041 0 0
BP PLC ADR 055622104 172 4,997 SH   SOLE   4,997 0 0
Baxter International Inc Common Stock 071813109 1,783 34,385 SH   SOLE   34,385 0 0
Bayer AG ADR 072730302 1,867 16,186 SH   SOLE   16,186 0 0
Bemis Co Inc Common Stock 081437105 202 4,134 SH   SOLE   4,134 0 0
Bloomin' Brands Inc Common Stock 094235108 223 11,314 SH   SOLE   11,314 0 0
Boeing Co/The Common Stock 097023105 50 285 SH   SOLE   285 0 0
British American Tobacco PLC ADR 110448107 2,029 30,587 SH   SOLE   30,587 0 0
Brown-Forman Corp Common Stock 115637209 47 1,008 SH   SOLE   1,008 0 0
Buckeye Partners LP MLP 118230101 210 3,067 SH   SOLE   3,067 0 0
CNOOC Ltd ADR 126132109 147 1,223 SH   SOLE   1,223 0 0
Caesars Acquisition Co Common Stock 12768T103 87 5,632 SH   SOLE   5,632 0 0
Caterpillar Inc Common Stock 149123101 203 2,189 SH   SOLE   2,189 0 0
Celanese Corp Common Stock 150870103 918 10,222 SH   SOLE   10,222 0 0
CenturyLink Inc Common Stock 156700106 1,607 68,169 SH   SOLE   68,169 0 0
Chart Industries Inc Common Stock 16115Q308 190 5,444 SH   SOLE   5,444 0 0
Chevron Corp Common Stock 166764100 140 1,303 SH   SOLE   1,303 0 0
Chicago Bridge & Iron Co NV Common Stock 167250109 303 9,851 SH   SOLE   9,851 0 0
Frontier Communications Corp GLOBAL 9% 8/15/2031 17453BAJ0 294 340,000 PRN   SOLE   340,000 0 0
Coca-Cola Co/The Common Stock 191216100 182 4,298 SH   SOLE   4,298 0 0
Copart Inc Common Stock 217204106 497 8,031 SH   SOLE   8,031 0 0
Crane Co Common Stock 224399105 325 4,349 SH   SOLE   4,349 0 0
Cullen/Frost Bankers Inc Common Stock 229899109 156 1,759 SH   SOLE   1,759 0 0
Cummins Inc Common Stock 231021106 318 2,100 SH   SOLE   2,100 0 0
DR Horton Inc Common Stock 23331A109 364 10,920 SH   SOLE   10,920 0 0
Deere & Co Common Stock 244199105 215 1,977 SH   SOLE   1,977 0 0
DEUTSCH BANK AG YANKEE 7.5% 12/29/2049 251525AN1 391 400,000 PRN   SOLE   400,000 0 0
Diageo PLC ADR 25243Q205 2,115 18,296 SH   SOLE   18,296 0 0
DineEquity Inc Common Stock 254423106 147 2,697 SH   SOLE   2,697 0 0
Dow Chemical Co/The Common Stock 260543103 342 5,375 SH   SOLE   5,375 0 0
Duke Energy Corp Common Stock 26441C204 355 4,332 SH   SOLE   4,332 0 0
E TRADE Financial Corp Common Stock 269246401 152 4,361 SH   SOLE   4,361 0 0
Eastman Chemical Co Common Stock 277432100 759 9,396 SH   SOLE   9,396 0 0
Edison International Common Stock 281020107 374 4,693 SH   SOLE   4,693 0 0
Express Scripts Holding Co Common Stock 30219G108 504 7,641 SH   SOLE   7,641 0 0
Fifth Third Bancorp Common Stock 316773100 43 1,711 SH   SOLE   1,711 0 0
Fiserv Inc Common Stock 337738108 49 427 SH   SOLE   427 0 0
Flowers Foods Inc Common Stock 343498101 1,683 86,708 SH   SOLE   86,708 0 0
FRONTIER COMMUNICATIONS GLOBAL 11.0% 09/15/2025 35906AAZ1 293 300,000 PRN   SOLE   300,000 0 0
WW Grainger Inc Common Stock 384802104 46 197 SH   SOLE   197 0 0
HCA Holdings Inc Common Stock 40412C101 2,474 27,803 SH   SOLE   27,803 0 0
Hasbro Inc Common Stock 418056107 981 9,828 SH   SOLE   9,828 0 0
Hawaiian Electric Industries Inc Common Stock 419870100 303 9,092 SH   SOLE   9,092 0 0
Hawaiian Holdings Inc Common Stock 419879101 127 2,735 SH   SOLE   2,735 0 0
HealthSouth Corp Common Stock 421924309 700 16,349 SH   SOLE   16,349 0 0
ICF International Inc Common Stock 44925C103 384 9,293 SH   SOLE   9,293 0 0
ILG Inc Common Stock 44967H101 359 17,130 SH   SOLE   17,130 0 0
Innophos Holdings Inc Common Stock 45774N108 528 9,785 SH   SOLE   9,785 0 0
Inter Parfums Inc Common Stock 458334109 1,905 52,129 SH   SOLE   52,129 0 0
JetBlue Airways Corp Common Stock 477143101 141 6,859 SH   SOLE   6,859 0 0
Johnson & Johnson Common Stock 478160104 843 6,770 SH   SOLE   6,770 0 0
KLA-Tencor Corp Common Stock 482480100 358 3,767 SH   SOLE   3,767 0 0
Kaman Corp Common Stock 483548103 196 4,079 SH   SOLE   4,079 0 0
Kellogg Co Common Stock 487836108 954 13,137 SH   SOLE   13,137 0 0
Lam Research Corp Common Stock 512807108 353 2,753 SH   SOLE   2,753 0 0
Estee Lauder Cos Inc/The Common Stock 518439104 1,895 22,347 SH   SOLE   22,347 0 0
Lear Corp Common Stock 521865204 49 349 SH   SOLE   349 0 0
Lennox International Inc Common Stock 526107107 487 2,912 SH   SOLE   2,912 0 0
LEUCADIA NATIONAL CORP US DOMESTIC 5.5% 10/18/2023 527288BE3 320 300,000 PRN   SOLE   300,000 0 0
Lincoln National Corp Common Stock 534187109 150 2,295 SH   SOLE   2,295 0 0
Lockheed Martin Corp Common Stock 539830109 877 3,278 SH   SOLE   3,278 0 0
Loews Corp Common Stock 540424108 643 13,738 SH   SOLE   13,738 0 0
MFA Financial Inc REIT 55272X102 351 43,389 SH   SOLE   43,389 0 0
MGE Energy Inc Common Stock 55277P104 1,755 27,001 SH   SOLE   27,001 0 0
MSC Industrial Direct Co Inc Common Stock 553530106 229 2,226 SH   SOLE   2,226 0 0
Macy's Inc Common Stock 55616P104 283 9,558 SH   SOLE   9,558 0 0
McDonald's Corp Common Stock 580135101 413 3,190 SH   SOLE   3,190 0 0
Merck & Co Inc Common Stock 58933Y105 356 5,598 SH   SOLE   5,598 0 0
Meritage Homes Corp Common Stock 59001A102 343 9,327 SH   SOLE   9,327 0 0
Mettler-Toledo International Inc Common Stock 592688105 49 102 SH   SOLE   102 0 0
FEDERATED PRIME OBLIGATIONS FUND Open-End Fund 60934N203 600 600,209 SH   SOLE   600,209 0 0
Motorola Solutions Inc Common Stock 620076307 859 9,962 SH   SOLE   9,962 0 0
Mueller Water Products Inc Common Stock 624758108 176 14,849 SH   SOLE   14,849 0 0
NRG ENERGY INC GLOBAL 6.625% 03/15/2023 629377BU5 411 400,000 PRN   SOLE   400,000 0 0
Novartis AG ADR 66987V109 456 6,145 SH   SOLE   6,145 0 0
Owens Corning Common Stock 690742101 361 5,876 SH   SOLE   5,876 0 0
PNM Resources Inc Common Stock 69349H107 548 14,820 SH   SOLE   14,820 0 0
Pilgrim's Pride Corp Common Stock 72147K108 519 23,067 SH   SOLE   23,067 0 0
Plains All American Pipeline LP MLP 726503105 199 6,293 SH   SOLE   6,293 0 0
PulteGroup Inc Common Stock 745867101 360 15,280 SH   SOLE   15,280 0 0
QVC INC. GLOBAL 4.375% 03/15/2023 747262AK9 301 300,000 PRN   SOLE   300,000 0 0
Raymond James Financial Inc Common Stock 754730109 168 2,204 SH   SOLE   2,204 0 0
RENT-A-CENTER INC GLOBAL 6.625% 11/15/2020 76009NAH3 356 400,000 PRN   SOLE   400,000 0 0
Rockwell Collins Inc Common Stock 774341101 1,804 18,563 SH   SOLE   18,563 0 0
NAVIENT CORP DOMESTIC MTN 5.5% 01/15/2019 78442FER5 327 315,000 PRN   SOLE   315,000 0 0
Sanderson Farms Inc Common Stock 800013104 482 4,646 SH   SOLE   4,646 0 0
Schweitzer-Mauduit International Inc Common Stock 808541106 462 11,160 SH   SOLE   11,160 0 0
SCIENTIFIC GAMES INTERNA GLOBAL 10% 12/01/2022 80874YAU4 428 400,000 PRN   SOLE   400,000 0 0
Seaboard Corp Common Stock 811543107 655 157 SH   SOLE   157 0 0
Select Medical Corporation GLOBAL 6.375% 6/1/2021 816196AQ2 305 300,000 PRN   SOLE   300,000 0 0
Sempra Energy Common Stock 816851109 489 4,425 SH   SOLE   4,425 0 0
JM Smucker Co/The Common Stock 832696405 342 2,611 SH   SOLE   2,611 0 0
Southwest Airlines Co Common Stock 844741108 212 3,938 SH   SOLE   3,938 0 0
Southwest Gas Holdings Inc Common Stock 844895102 1,875 22,616 SH   SOLE   22,616 0 0
Spark New Zealand Ltd ADR 84652A102 1,423 116,361 SH   SOLE   116,361 0 0
Spirit AeroSystems Holdings Inc Common Stock 848574109 336 5,808 SH   SOLE   5,808 0 0
SPRINT CORP GLOBAL 7.25% 09/15/2021 85207UAE5 400 370,000 PRN   SOLE   370,000 0 0
Steel Dynamics Inc Common Stock 858119100 337 9,683 SH   SOLE   9,683 0 0
Sysco Corp Common Stock 871829107 320 6,159 SH   SOLE   6,159 0 0
Target Corp Common Stock 87612E106 632 11,451 SH   SOLE   11,451 0 0
TENET HEALTHCARE GLOBAL 88033GCE8 315 300,000 PRN   SOLE   300,000 0 0
Terra Nitrogen Co LP MLP 881005201 480 4,888 SH   SOLE   4,888 0 0
TOTAL SA ADR 89151E109 152 3,019 SH   SOLE   3,019 0 0
Toyota Motor Corp ADR 892331307 174 1,602 SH   SOLE   1,602 0 0
TransCanada Corp Common Stock 89353D107 1,767 38,299 SH   SOLE   38,299 0 0
Travelers Cos Inc/The Common Stock 89417E109 45 376 SH   SOLE   376 0 0
Two Harbors Investment Corp REIT 90187B101 852 88,811 SH   SOLE   88,811 0 0
UGI Corp Common Stock 902681105 1,861 37,682 SH   SOLE   37,682 0 0
United Continental Holdings Inc Common Stock 910047109 44 621 SH   SOLE   621 0 0
UnitedHealth Group Inc Common Stock 91324P102 1,756 10,704 SH   SOLE   10,704 0 0
Valhi Inc Common Stock 918905100 186 56,634 SH   SOLE   56,634 0 0
Valero Energy Corp Common Stock 91913Y100 145 2,181 SH   SOLE   2,181 0 0
Vectren Corp Common Stock 92240G101 382 6,510 SH   SOLE   6,510 0 0
VeriSign Inc Common Stock 92343E102 51 587 SH   SOLE   587 0 0
WGL Holdings Inc Common Stock 92924F106 691 8,377 SH   SOLE   8,377 0 0
Wal-Mart Stores Inc Common Stock 931142103 823 11,423 SH   SOLE   11,423 0 0
Western Gas Partners LP MLP 958254104 448 7,409 SH   SOLE   7,409 0 0
WINDSTREAM SERVICES LLC GLOBAL 7.75% 10/15/2020 97381WAN4 347 340,000 PRN   SOLE   340,000 0 0
Wyndham Worldwide Corp Common Stock 98310W108 345 4,088 SH   SOLE   4,088 0 0
Xcel Energy Inc Common Stock 98389B100 368 8,289 SH   SOLE   8,289 0 0
Yum! Brands Inc Common Stock 988498101 498 7,800 SH   SOLE   7,800 0 0
Jazz Pharmaceuticals PLC Common Stock 0B4Q5ZN4T 583 4,015 SH   SOLE   4,015 0 0
Bunge Ltd Common Stock G16962105 1,870 23,594 SH   SOLE   23,594 0 0
Eaton Corp PLC Common Stock G29183103 205 2,771 SH   SOLE   2,771 0 0
Endo International PLC Common Stock G30401106 286 25,616 SH   SOLE   25,616 0 0
Everest Re Group Ltd Common Stock G3223R108 47 203 SH   SOLE   203 0 0
Fresh Del Monte Produce Inc Common Stock G36738105 174 2,935 SH   SOLE   2,935 0 0
Invesco Ltd Common Stock G491BT108 188 6,139 SH   SOLE   6,139 0 0
Michael Kors Holdings Ltd Common Stock G60754101 299 7,840 SH   SOLE   7,840 0 0
XL Group Ltd Common Stock G98294104 47 1,171 SH   SOLE   1,171 0 0
Garmin Ltd Common Stock H2906T109 47 925 SH   SOLE   925 0 0
Trinseo SA Common Stock L9340P101 324 4,826 SH   SOLE   4,826 0 0
Check Point Software Technologies Ltd Common Stock M22465104 54 522 SH   SOLE   522 0 0
LyondellBasell Industries NV Common Stock N53745100 199 2,186 SH   SOLE   2,186 0 0
Royal Caribbean Cruises Ltd. Common Stock V7780T103 337 3,436 SH   SOLE   3,436 0 0
Flex Ltd Common Stock Y2573F102 522 31,077 SH   SOLE   31,077 0 0