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 477 13,500 SH   DFND 1 13,500 0 0
ACCESS MIDSTREAM COMM 00434L109 9,564 150,500 SH   DFND 1 150,500 0 0
BAYTEX ENERGY CORP COMM 07317Q105 1,615 32,800 SH   DFND   32,800 0 0
BOARDWALK PIPELINE PARTNERS LP COMM 096627104 8,867 479,300 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 1,620 19,500 SH   DFND 1 19,500 0 0
CANADIAN NATIONAL RAILWAY COMM 136375102 5,337 76,900 SH   DFND   76,900 0 0
CANADIAN NATURAL RESOURCES COMM 136385101 1,152 23,500 SH   DFND   23,500 0 0
CANADIAN PACIFIC RAILWAY COMM 13645T100 5,964 30,850 SH   DFND   30,850 0 0
CENOVUS ENERGY INC COMM 15135U109 1,733 50,100 SH   DFND   50,100 0 0
CRESCENT POINT ENERGY CORP COMM 22576C101 1,594 33,700 SH   DFND   33,700 0 0
DUKE ENERGY COMM 26441C204 3,069 41,362 SH   DFND 1 41,362 0 0
EL PASO PIPELINE PARTNERS LP COMM 283702108 11,528 318,200 SH   DFND 1 318,200 0 0
ENABLE MIDSTREAM PARTNERS LP COMM 292480100 524 20,000 SH   DFND 1 20,000 0 0
ENBRIDGE INC COMM 29250N105 5,169 102,100 SH   DFND   102,100 0 0
ENBRIDGE ENERGY PARTNERS LP COMM 29250R106 25,607 693,400 SH   DFND 1 693,400 0 0
ENTERPRISE PRODUCTS PARTNERS LP COMM 293792107 83,239 1,063,216 SH   DFND 1 1,063,216 0 0
GOGO INC COMM 38046C109 2,505 128,045 SH   DFND   128,045 0 0
GOLUB CAPITAL BDC INC COMM 38173M102 2,233 126,146 SH   DFND   126,146 0 0
GRANITE REIT COMM 387437114 581 14,700 SH   DFND   14,700 0 0
HOMEAWAY INC COMM 43739Q100 119 3,429 SH   DFND   3,429 0 0
KINDER MORGAN MANAGEMENT LLC COMM 49455U100 40,183 509,086 SH   DFND 1 509,086 0 0
LEAR CORP COMM 521865204 152 1,704 SH   DFND   1,704 0 0
MAGELLAN MIDSTREAM PARTNERS LP COMM 559080106 72,039 857,200 SH   DFND 1 857,200 0 0
MARKWEST ENERGY PARTNERS LP COMM 570759100 19,470 272,000 SH   DFND 1 272,000 0 0
MAXLINEAR INC - CLASS A COMM 57776J100 21 2,094 SH   DFND   2,094 0 0
NATL WESTMINSTER BK PLC SER C 7.76% PREF 638539882 10,508 400,000 SH   DFND   400,000 0 0
NUSTAR ENERGY LP COMM 67058H102 6,641 107,100 SH   DFND   107,100 0 0
ONEOK PARTNERS LP COMM 68268N103 32,845 560,500 SH   DFND 1 560,500 0 0
PEMBINA PIPELINE CORP COMM 706327103 5,802 126,387 SH   DFND   126,387 0 0
PLAINS ALL AMER PIPELINE LP COMM 726503105 58,813 979,400 SH   DFND 1 979,400 0 0
RALLY SOFTWARE DEVELOPMENT CORP COMM 751198102 43 3,972 SH   DFND   3,972 0 0
ROYAL BK OF SCOTLAND PLC PFD 6.25% SER P PREF 780097762 1,896 80,000 SH   DFND   80,000 0 0
SOUTHERN COMPANY COMM 842587107 5,083 112,000 SH   DFND 1 112,000 0 0
SPECTRA ENERGY PARTNERS LP COMM 84756N109 5,282 99,000 SH   DFND 1 99,000 0 0
SUNCOR ENERGY INC COMM 867224107 2,139 47,000 SH   DFND   47,000 0 0
SUNOCO LOGISTICS PARTNERS LP COMM 86764L108 25,345 538,000 SH   DFND 1 538,000 0 0
TARGA RESOURCES PARTNERS LP COMM 87611X105 3,164 44,000 SH   DFND 1 44,000 0 0
TRANSCANADA CORP COMM 89353D107 1,482 29,100 SH   DFND   29,100 0 0
VERIZON COMMUNICATIONS INC COMM 92343V104 1,370 28,000 SH   DFND 1 28,000 0 0
XCEL ENERGY INC COMM 98389B100 6,188 192,000 SH   DFND 1 192,000 0 0
ZELTIQ AESTHETICS INC COMM 98933Q108 51 3,331 SH   DFND   3,331 0 0