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
A T & T INC NEW COM 00206r102 1,607 47,851 SH   SOLE   47,851 0 0
ALCOA INC COM COM 013817101 158 10,000 SH   SOLE   10,000 0 0
AMERICAN AIRLS GROUP INC COM COM 02376R102 256 4,772 SH   SOLE   4,772 0 0
AMERICAN CAP AGY CORP COM COM 02503X105 13,588 622,441 SH   SOLE   622,441 0 0
AMERICAN CAPITAL LTD. COM 02503y103 21,773 1,490,309 SH   SOLE   1,490,309 0 0
BANK AMER CORP COM COM 060505104 1,087 60,764 SH   SOLE   60,764 0 0
BANK OF NEW YORK MELLON CORP C COM 064058100 229 5,656 SH   SOLE   5,656 0 0
BROADCOM CORP CL A COM 111320107 468 10,793 SH   SOLE   10,793 0 0
CISCO SYSTEMS INC COM 17275R102 1,065 38,277 SH   SOLE   38,277 0 0
CITIGROUP INC COM NEW ISIN#US1 COM 172967424 463 8,561 SH   SOLE   8,561 0 0
EMC CORP COM COM 268648102 311 10,449 SH   SOLE   10,449 0 0
FORD MOTOR CO DEL COM PAR COM 345370860 190 12,263 SH   SOLE   12,263 0 0
GAP INC COM 364760108 852 20,238 SH   SOLE   20,238 0 0
GENERAL ELECTRIC CO COM COM 369604103 1,101 43,578 SH   SOLE   43,578 0 0
GLAXOSMITHKLINE PLC SPONS ADR COM 37733W105 1,146 26,817 SH   SOLE   26,817 0 0
HEWLETT PACKARD CO COM COM 428236103 978 24,373 SH   SOLE   24,373 0 0
INTEL CORP COM 458140100 308 8,500 SH   SOLE   8,500 0 0
ISHARES TR MSCI EAFE ETF COM 464287465 4,584 75,347 SH   SOLE   75,347 0 0
ISHARES TR RUSSELL 2000 ETF COM 464287655 406 3,398 SH   SOLE   3,398 0 0
ISHARES TR S&P U S PFD STK IND COM 464288687 262 6,640 SH   SOLE   6,640 0 0
LILLY ELI & COMPANY COM 532457108 687 9,956 SH   SOLE   9,956 0 0
LINNCO LLC COM SHS REPSTG LTD COM 535782106 440 42,387 SH   SOLE   42,387 0 0
MEMORIAL PRODTN PARTNERS LP CO COM 586048100 3,291 225,581 SH   SOLE   225,581 0 0
MERCK & CO INC NEW COM COM 58933Y105 394 6,945 SH   SOLE   6,945 0 0
NORTH AMERICAN ENERGY PARTNERS COM 656844107 91 28,948 SH   SOLE   28,948 0 0
PENNANTPARK INVT CORP COM COM 708062104 1,228 128,862 SH   SOLE   128,862 0 0
PETROLEO BRASILEIRO SA PETROBR COM 71654V408 655 89,789 SH   SOLE   89,789 0 0
PFIZER INC COM COM 717081103 525 16,868 SH   SOLE   16,868 0 0
SAFEWAY INC COM NEW COM 786514208 615 17,504 SH   SOLE   17,504 0 0
SANDRIDGE PERMIAN TR COM UNIT COM 80007A102 3,419 545,257 SH   SOLE   545,257 0 0
SPDR S&P 500 ETF TR TR UNIT COM 78462F103 438 2,132 SH   SOLE   2,132 0 0
SYMANTEC CORP COM 871503108 1,542 60,115 SH   SOLE   60,115 0 0
TEEKAY OFFSHORE PARTNERS L P. COM Y8565J101 3,808 142,159 SH   SOLE   142,159 0 0
VERIZON COMMUNICATIONS INC COM COM 92343V104 872 18,633 SH   SOLE   18,633 0 0
WA FUNDING TR III COM 939ESC968 0 18,400 SH   SOLE   18,400 0 0
XEROX CORPORATION COM 984121103 288 20,792 SH   SOLE   20,792 0 0
ALLIANCE BERNSTEIN GLOBAL BOND FND 01853W303 1,009 119,441 SH   SOLE   119,441 0 0
ALLIANCE BERNSTEIN INTERMEDIAT FND 018528687 742 66,388 SH   SOLE   66,388 0 0
ALLIANCEBERNSTEIN INCOME FD IN FND 01881E101 5,188 694,568 SH   SOLE   694,568 0 0
ALPS MLP ETF FND 00162Q866 3,916 223,531 SH   SOLE   223,531 0 0
BLACKROCK FLOATING RATE INCOME FND 09255X100 3,590 268,089 SH   SOLE   268,089 0 0
BLACKROCK FLOATING RATE INCOME FND 091941104 3,510 273,140 SH   SOLE   273,140 0 0
DOUBLELINE INCOME SOLUTIONS FD FND 258622109 6,199 311,494 SH   SOLE   311,494 0 0
EATON VANCE FLOATING RATE INCO FND 278279104 3,549 255,507 SH   SOLE   255,507 0 0
EATON VANCE SR FLTG RATE TR FND 27828Q105 3,515 256,759 SH   SOLE   256,759 0 0
EATON VANCE SR INCOME TR SH BE FND 27826S103 3,489 559,104 SH   SOLE   559,104 0 0
FIRST TR SR FLTG RATE INCOME F FND 33733U108 3,518 270,388 SH   SOLE   270,388 0 0
FRANKLIN TEMPLETON GLOBAL BOND FND 880208400 11,479 924,946 SH   SOLE   924,946 0 0
INVESCO DYNAMIC CR OPPORTUNITI FND 46132R104 3,724 314,299 SH   SOLE   314,299 0 0
INVESCO SR INCOME TR COM FND 46131H107 3,515 770,942 SH   SOLE   770,942 0 0
ISHARES INC EMERGING MARKETS D FND 464286319 811 19,390 SH   SOLE   19,390 0 0
ISHARES MSCI EMRG MKT FD EMERG FND 464287234 18,976 482,971 SH   SOLE   482,971 0 0
ISHARES TR IBOXX $ HIGH YIELD FND 464288513 5,501 61,397 SH   SOLE   61,397 0 0
IVY HIGH INCOME FUND CLASS I FND 466000122 1,472 182,398 SH   SOLE   182,398 0 0
LEGG MASON WESTERN ASSET INFLA FND 957663362 445 39,816 SH   SOLE   39,816 0 0
LMP CORPORATE LOAN FUND INC FND 50208B100 3,290 298,319 SH   SOLE   298,319 0 0
NUVEEN FLOATING RATE INCOME FD FND 67072T108 3,551 323,076 SH   SOLE   323,076 0 0
NUVEEN FLTNG RATE INCOME OPPTN FND 6706EN100 3,774 334,886 SH   SOLE   334,886 0 0
NUVEEN SR INCOME FD COM FND 67067Y104 3,613 551,600 SH   SOLE   551,600 0 0
PIMCO COMMODITY REAL RETURN ST FND 722005667 425 94,885 SH   SOLE   94,885 0 0
PIMCO DYNAMIC CREDIT INCOME FD FND 72202D106 4,654 225,366 SH   SOLE   225,366 0 0
PIMCO DYNAMIC INCOME FD SHS FND 72201Y101 904 29,421 SH   SOLE   29,421 0 0
PIMCO EMERGING LOCAL BOND-IS FND 72201F516 536 64,449 SH   SOLE   64,449 0 0
PIMCO EMERGING MARKETS BOND FU FND 693391559 848 83,637 SH   SOLE   83,637 0 0
PIMCO GLOBAL BOND FD UNHEDGED FND 693390874 313 33,783 SH   SOLE   33,783 0 0
PIMCO INVESTMENT GRADE CORP BD FND 722005816 2,044 193,770 SH   SOLE   193,770 0 0
PIONEER FLOATING RATE TR COM FND 72369J102 3,502 307,773 SH   SOLE   307,773 0 0
POWERSHARES EXCHANGE-TRADED FD FND 73936Q769 577 24,028 SH   SOLE   24,028 0 0
PROSHARES TR PROSHARES ULTRASH FND 74347B201 10,179 219,414 SH   SOLE   219,414 0 0
PRUDENTIAL GLOBAL SHORT DURATI FND 74433A109 3,374 211,962 SH   SOLE   211,962 0 0
PRUDENTIAL SHORT DURATION HIGH FND 74442F107 3,508 210,303 SH   SOLE   210,303 0 0
RIDGEWORTH SEIX FLOATING RATE FND 76628T678 786 89,860 SH   SOLE   89,860 0 0
SPDR SER TR BARCLAYS HIGH YIEL FND 78464A417 1,586 41,070 SH   SOLE   41,070 0 0
T ROWE PRICE INSTITUTIONAL HIG FND 77958B204 2,630 289,988 SH   SOLE   289,988 0 0
VOYA PRIME RATE TR SH BEN INT FND 92913A100 3,567 671,734 SH   SOLE   671,734 0 0
WELLS FARGO ADV INCOME OPP FD FND 94987B105 8,096 910,733 SH   SOLE   910,733 0 0
CABCO TR FOR J C PENNEY DEBS T PFD 126797208 239 14,856 SH   SOLE   14,856 0 0
CORTS GS CAPITAL I SERIES:II 6 PFD 22082P208 242 9,504 SH   SOLE   9,504 0 0
CORTS TRUST FOR JCP 7.625% 03/ PFD 220803100 161 10,000 SH   SOLE   10,000 0 0
FEDERAL NATL MTG ASSN PFD SER PFD 313586737 109 20,729 SH   SOLE   20,729 0 0
LEHMAN BROS HLDGS CAP TR VI TR PFD 52520X208 2 13,021 SH   SOLE   13,021 0 0
SLM CORP SR NT CPN 6% FREQ QRT PFD 78442P304 412 19,009 SH   SOLE   19,009 0 0
BUCKEYE PARTNERS L P UNIT LTD MLP 118230101 2,414 31,902 SH   SOLE   31,902 0 0
CAPITAL PRODUCT PARTNERS LP MLP Y11082107 655 81,900 SH   SOLE   81,900 0 0
CHESAPEAKE GRANITE WASH TR COM MLP 165185109 1,848 344,134 SH   SOLE   344,134 0 0
CRESTWOOD MIDSTREAM PARTNERS L MLP 226378107 1,417 93,328 SH   SOLE   93,328 0 0
ENERGY TRANSFER PARTNERS L P U MLP 29273R109 1,592 24,495 SH   SOLE   24,495 0 0
EV ENERGY PARTNERS LP COM UNIT MLP 26926V107 250 12,973 SH   SOLE   12,973 0 0
EXTERRAN PARTNERS L P COM UNIT MLP 30225N105 1,676 77,530 SH   SOLE   77,530 0 0
LINN ENERGY LLC UNIT REPSTG LT MLP 536020100 2,164 213,627 SH   SOLE   213,627 0 0
LRR ENERGY LP COM MLP 50214A104 223 31,598 SH   SOLE   31,598 0 0
MARTIN MIDSTREAM PARTNERS L P MLP 573331105 3,731 138,799 SH   SOLE   138,799 0 0
MID-CON ENERGY PARTNERS LP COM MLP 59560V109 386 61,246 SH   SOLE   61,246 0 0
REGENCY ENERGY PARTNERS L P CO MLP 75885Y107 967 40,272 SH   SOLE   40,272 0 0
SANDRIDGE MISSISSIPPIAN TR I U MLP 80007T101 3,547 1,174,409 SH   SOLE   1,174,409 0 0
SANDRIDGE MISSISSIPPIAN TR II MLP 80007V106 5,855 1,474,893 SH   SOLE   1,474,893 0 0
SPECTRA ENERGY PARTNERS LP COM MLP 84756N109 888 15,595 SH   SOLE   15,595 0 0
TC PIPELINES LP UNIT COM LTD P MLP 87233Q108 2,247 31,545 SH   SOLE   31,545 0 0
TEEKAY LNG PARTNERS L P PARTNE MLP Y8564M105 3,339 77,662 SH   SOLE   77,662 0 0
VANGUARD NAT RES LLC COM UNIT MLP 92205F106 1,602 106,337 SH   SOLE   106,337 0 0
WILLIAMS PARTNERS LP NEW COM U MLP 96949L105 879 19,638 SH   SOLE   19,638 0 0