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
ALLEGION PUB LTD CO ORD SHS G0176J109 174 2,637 SH   DFND 1 0 2,637 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 482 9,977 SH   DFND 1 0 9,977 0
BRISTOL MYERS SQUIBB CO DBCV 9/1 110122AN8 1,733 1,000,000 PRN   DFND 1 0 1,000,000 0
CMS ENERGY CORP COM 125896100 316 8,756 SH   DFND 1 0 8,756 0
DANAHER CORP DEL NOTE 1/2 235851AF9 2,696 1,000,000 PRN   DFND 1 0 1,000,000 0
E M C CORP MASS COM 268648102 496 19,329 SH   DFND 1 0 19,329 0
FORD MTR CO DEL COM PAR $0.01 345370860 1,233 87,514 SH   DFND 1 0 87,514 0
GILEAD SCIENCES INC NOTE 1.625% 5/0 375558AP8 2,234 500,000 PRN   DFND 1 0 500,000 0
HOST HOTELS & RESORTS INC COM 44107P104 1,232 80,305 SH   DFND 1 0 80,305 0
INGERSOLL-RAND PLC SHS G47791101 437 7,911 SH   DFND 1 0 7,911 0
ISHARES TR CORE US AGGBD ET 464287226 119,708 1,108,300 SH   DFND 1 0 1,108,300 0
ISHARES TR IBOXX INV CP ETF 464287242 4,560 40,000 SH   DFND 1 0 40,000 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 126,333 619,675 SH   DFND 1 0 619,675 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 814 24,000 SH   DFND 1 0 24,000 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 1,322 26,500 SH   DFND 1 0 26,500 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 2,189 32,800 SH   DFND 1 0 32,800 0
WELLPOINT INC NOTE 2.750%10/1 94973VBG1 2,863 1,500,000 PRN   DFND 1 0 1,500,000 0
WELLTOWER INC COM 95040Q104 527 7,747 SH   DFND 1 0 7,747 0