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
AT&T INC COMM 00206R102 473 13,500 SH   DFND 1 13,500 0 0
ACCESS MIDSTREAM COMM 00434L109 2,043 35,500 SH   DFND 1 35,500 0 0
BAYTEX ENERGY CORP COMM 07317Q105 1,493 32,800 SH   DFND   32,800 0 0
BOARDWALK PIPELINE PARTNERS LP COMM 096627104 6,427 479,300 SH   DFND 1 479,300 0 0
BOINGO WIRELESS INC COMM 09739C102 9 1,385 SH   DFND   1,385 0 0
BOISE CASCADE CO COMM 09739D100 324 11,325 SH   DFND   11,325 0 0
BUCKEYE PARTNERS LP COMM 118230101 1,463 19,500 SH   DFND 1 19,500 0 0
CANADIAN NATIONAL RAILWAY COMM 136375102 4,776 76,900 SH   DFND   76,900 0 0
CANADIAN PACIFIC RAILWAY COMM 13645T100 5,110 30,850 SH   DFND   30,850 0 0
CENOVUS ENERGY INC COMM 15135U109 2,030 63,500 SH   DFND   63,500 0 0
CORE-MARK HOLDING CO INC COMM 218681104 6 86 SH   DFND   86 0 0
CRESCENT POINT ENERGY CORP COMM 22576C101 1,360 33,700 SH   DFND   33,700 0 0
DUKE ENERGY COMM 26441C204 2,946 41,362 SH   DFND 1 41,362 0 0
EL PASO PIPELINE PARTNERS LP COMM 283702108 9,670 318,200 SH   DFND 1 318,200 0 0
ENBRIDGE INC COMM 29250N105 4,926 98,100 SH   DFND   98,100 0 0
ENBRIDGE ENERGY PARTNERS LP COMM 29250R106 19,006 693,400 SH   DFND 1 693,400 0 0
ENTERPRISE PRODUCTS PARTNERS LP COMM 293792107 73,745 1,063,216 SH   DFND 1 1,063,216 0 0
GOGO INC COMM 38046C109 2,630 128,045 SH   DFND   128,045 0 0
GOLUB CAPITAL BDC INC COMM 38173M102 2,250 126,146 SH   DFND   126,146 0 0
GRANITE REIT COMM 387437114 598 14,700 SH   DFND   14,700 0 0
HOMEAWAY INC COMM 43739Q100 129 3,429 SH   DFND   3,429 0 0
KINDER MORGAN MANAGEMENT LLC COMM 49455U100 35,817 499,743 SH   DFND 1 499,743 0 0
LEAR CORP COMM 521865204 143 1,704 SH   DFND   1,704 0 0
MAGELLAN MIDSTREAM PARTNERS LP COMM 559080106 72,753 1,043,200 SH   DFND 1 1,043,200 0 0
MARKWEST ENERGY PARTNERS LP COMM 570759100 11,496 176,000 SH   DFND 1 176,000 0 0
MAXLINEAR INC - CLASS A COMM 57776J100 20 2,094 SH   DFND   2,094 0 0
MID-CON ENERGY PARTNERS LP COMM 59560V109 120 5,565 SH   DFND 1 5,565 0 0
NATL WESTMINSTER BK PLC SER C 7.76% PREF 638539882 10,236 400,000 SH   DFND   400,000 0 0
NUANCE COMMUNICATIONS INC COMM 67020Y100 379 22,080 SH   DFND   22,080 0 0
NUSTAR ENERGY LP COMM 67058H102 5,885 107,100 SH   DFND   107,100 0 0
ONEOK PARTNERS LP COMM 68268N103 30,015 560,500 SH   DFND 1 560,500 0 0
PEMBINA PIPELINE CORP COMM 706327103 5,306 126,387 SH   DFND   126,387 0 0
PLAINS ALL AMER PIPELINE LP COMM 726503105 53,985 979,400 SH   DFND 1 979,400 0 0
PORTOLA PHARMACEUTICALS INC COMM 737010108 46 1,782 SH   DFND   1,782 0 0
RALLY SOFTWARE DEVELOPMENT CORP COMM 751198102 53 3,972 SH   DFND   3,972 0 0
ROYAL BK OF SCOTLAND PLC PFD 6.25% SER P PREF 780097762 1,776 80,000 SH   DFND   80,000 0 0
SOUTHERN COMPANY COMM 842587107 4,921 112,000 SH   DFND 1 112,000 0 0
SPECTRA ENERGY PARTNERS LP COMM 84756N109 4,846 99,000 SH   DFND 1 99,000 0 0
SUNCOR ENERGY INC COMM 867224107 1,815 47,000 SH   DFND   47,000 0 0
SUNOCO LOGISTICS PARTNERS LP COMM 86764L108 24,447 269,000 SH   DFND 1 269,000 0 0
TARGA RESOURCES PARTNERS LP COMM 87611X105 2,110 37,500 SH   DFND 1 37,500 0 0
TRANSCANADA CORP COMM 89353D107 1,462 29,100 SH   DFND   29,100 0 0
VERIZON COMMUNICATIONS INC COMM 92343V104 1,332 28,000 SH   DFND 1 28,000 0 0
XCEL ENERGY INC COMM 98389B100 5,829 192,000 SH   DFND 1 192,000 0 0
ZELTIQ AESTHETICS INC COMM 98933Q108 65 3,331 SH   DFND   3,331 0 0