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
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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
AMBAC FINL GROUP INC COM NEW 023139884 3,567 205,579 SH   SOLE N/A 205,579 0 0
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 6,385 8,000,000 PRN   SOLE N/A 8,000,000 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 17,821 520,017 SH   SOLE N/A 520,017 0 0
CALUMET SPECIALTY PRODS PTNR UT LTD PARTNER 131476103 3,399 799,651 SH   SOLE N/A 799,651 0 0
COBALT INTL ENERGY INC NOTE 3.125% 5/1 19075FAB2 4,398 20,941,000 PRN   SOLE N/A 20,941,000 0 0
CONSTELLIUM NV CL A N22035104 6,819 988,269 SH   SOLE N/A 988,269 0 0
DISH NETWORK CORP CL A 25470M109 2,065 32,900 SH Call SOLE N/A 32,900 0 0
DISH NETWORK CORP CL A 25470M109 8,951 142,630 SH   SOLE N/A 142,630 0 0
ENPRO INDS INC COM 29355X107 24,375 341,524 SH   SOLE N/A 341,524 0 0
EVERI HLDGS INC COM 30034T103 12,093 1,661,127 SH   SOLE N/A 1,661,127 0 0
FORTERRA INC COM 34960W106 3,007 365,369 SH   SOLE N/A 365,369 0 0
GAP INC DEL COM 364760108 800 36,400 SH Put SOLE N/A 36,400 0 0
GRAY TELEVISION INC COM 389375106 13,951 1,018,357 SH   SOLE N/A 1,018,357 0 0
HALCON RES CORP COM PAR NEW 40537Q605 2,813 619,542 SH   SOLE N/A 619,542 0 0
HORNBECK OFFSHORE SVCS INC N COM 440543106 3,531 1,247,702 SH   SOLE N/A 1,247,702 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 199,430 1,415,200 SH Put SOLE N/A 1,415,200 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 14,620 351,866 SH   SOLE N/A 351,866 0 0
MACQUARIE INFRASTRUCTURE COR COM 55608B105 25,293 322,616 SH   SOLE N/A 322,616 0 0
MATLIN & PARTNERS ACQUISITIO UNIT 05/28/2021A 57682V205 3,999 398,342 SH   SOLE N/A 398,342 0 0
MIDSTATES PETE CO INC COM PAR 59804T407 11,099 876,026 SH   SOLE N/A 876,026 0 0
NAVIOS MARITIME PARTNERS L P UNIT LPI Y62267102 1,741 1,094,891 SH   SOLE N/A 1,094,891 0 0
NEW YORK REIT INC COM 64976L109 13,403 1,551,331 SH   SOLE N/A 1,551,331 0 0
NEXSTAR MEDIA GROUP INC CL A 65336K103 16,685 279,015 SH   SOLE N/A 279,015 0 0
OCWEN FINL CORP COM NEW 675746309 6,776 2,519,029 SH   SOLE N/A 2,519,029 0 0
PINNACLE ENTMT INC NEW COM 72348Y105 12,609 638,102 SH   SOLE N/A 638,102 0 0
QUORUM HEALTH CORP COM 74909E106 612 147,365 SH   SOLE N/A 147,365 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 9,890 300,622 SH   SOLE N/A 300,622 0 0
SM ENERGY CO COM 78454L100 4,163 251,821 SH   SOLE N/A 251,821 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 43,524 180,000 SH Put SOLE N/A 180,000 0 0
TWITTER INC NOTE 0.250% 9/1 90184LAB8 8,819 9,336,000 PRN   SOLE N/A 9,336,000 0 0
WALTER INVT MGMT CORP NOTE 4.500%11/0 93317WAA0 2,063 5,900,000 PRN   SOLE N/A 5,900,000 0 0