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
ABBVIE INC COM 00287Y109 297 1,941 SH   SOLE   1,941 0 0
AES CORP UNIT 99/99/9999 00130H204 10,733 126,822 SH   OTR 1 0 126,822 0
AGNC INVT CORP COM 00123Q104 546 49,274 SH   SOLE   49,274 0 0
ALGONQUIN PWR UTILS CORP UNIT 99/99/9999 015857873 13,144 299,059 SH   OTR 1 0 299,059 0
ALLETE INC COM NEW 018522300 365 6,205 SH   SOLE   6,205 0 0
ALLIANCEBERNSTEIN HLDG L P UNIT LTD PARTN 01881G106 649 15,607 SH   SOLE   15,607 0 0
ALLY FINL INC COM 02005N100 538 16,041 SH   SOLE   16,041 0 0
ANNALY CAPITAL MANAGEMENT IN COM 035710409 662 112,033 SH   SOLE   112,033 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 191 18,277 SH   SOLE   18,277 0 0
APOLLO INVT CORP COM NEW 03761U502 594 55,157 SH   SOLE   55,157 0 0
ARES CAPITAL CORP COM 04010L103 423 23,585 SH   SOLE   23,585 0 0
AT&T INC COM 00206R102 962 45,880 SH   SOLE   45,880 0 0
BRAEMAR HOTELS & RESORTS INC 5.5 CUM CV PFD B 10482B200 7,748 440,487 SH   OTR 1 0 440,487 0
BRIGHTSPIRE CAPITAL INC COM CL A 10949T109 1,364 180,649 SH   SOLE   180,649 0 0
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101 2,352 52,407 SH   OTR 1 0 52,407 0
CHEVRON CORP NEW COM 166764100 731 5,050 SH   SOLE   5,050 0 0
CRESCENT CAP BDC INC COM 225655109 234 15,123 SH   SOLE   15,123 0 0
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 226344208 25,341 1,052,354 SH   OTR 1 0 1,052,354 0
DCP MIDSTREAM LP COM UT LTD PTN 23311P100 28,409 960,422 SH   OTR 1 0 960,422 0
DEVON ENERGY CORP NEW COM 25179M103 252 4,580 SH   SOLE   4,580 0 0
DOW INC COM 260557103 864 16,746 SH   SOLE   16,746 0 0
DTE ENERGY CO UNIT 11/01/2022 233331842 660 12,861 SH   OTR 1 0 12,861 0
ENBRIDGE INC COM 29250N105 687 16,255 SH   SOLE   16,255 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 40,257 4,033,759 SH   OTR 1 0 4,033,759 0
ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336T100 1,131 133,002 SH   OTR 1 0 133,002 0
ENTERPRISE PRODS PARTNERS L COM 293792107 37,853 1,553,281 SH   OTR 1 0 1,553,281 0
EOG RES INC COM 26875P101 567 5,133 SH   SOLE   5,133 0 0
EPR PPTYS CONV PFD 9% SR E 26884U307 1,011 33,712 SH   SOLE   33,712 0 0
EPR PPTYS CONV PFD 9% SR E 26884U307 15,494 499,972 SH   OTR 1 0 499,972 0
EPR PPTYS COM SH BEN INT 26884U109 635 13,523 SH   SOLE   13,523 0 0
EQUITY COMWLTH 6.5% CNV PFD D 294628201 7,265 281,574 SH   OTR 1 0 281,574 0
ETFIS SER TR I VIRTUS INFRCAP 26923G822 12,551 594,969 SH   SOLE   594,969 0 0
ETFIS SER TR I INFRAC ACT MLP 26923G772 1,550 58,401 SH   SOLE   58,401 0 0
EXXON MOBIL CORP COM 30231G102 215 2,512 SH   SOLE   2,512 0 0
GENESIS ENERGY L P UNIT LTD PARTN 371927104 215 26,751 SH   OTR 1 0 26,751 0
GLOBAL NET LEASE INC COM NEW 379378201 1,312 92,715 SH   SOLE   92,715 0 0
HEALTHCARE TR AMER INC CL A NEW 42225P501 246 8,821 SH   SOLE   8,821 0 0
HOLLY ENERGY PARTNERS L P COM UT LTD PTN 435763107 9,588 598,122 SH   OTR 1 0 598,122 0
INTERNATIONAL BUSINESS MACHS COM 459200101 207 1,468 SH   SOLE   1,468 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 70,070 250,000 SH Call SOLE   250,000 0 0
ISHARES TR 20 YR TR BD ETF 464287432 804 7,000 SH   SOLE   7,000 0 0
KEYCORP COM 493267108 275 15,987 SH   SOLE   15,987 0 0
KILROY RLTY CORP COM 49427F108 1,649 31,522 SH   SOLE   31,522 0 0
KINDER MORGAN INC DEL COM 49456B101 1,783 106,358 SH   OTR 1 0 106,358 0
KINDER MORGAN INC DEL COM 49456B101 396 23,601 SH   SOLE   23,601 0 0
KKR REAL ESTATE FIN TR INC COM 48251K100 1,041 59,610 SH   SOLE   59,610 0 0
KOHLS CORP COM 500255104 697 19,527 SH   SOLE   19,527 0 0
KRAFT HEINZ CO COM 500754106 353 9,248 SH   SOLE   9,248 0 0
LUMEN TECHNOLOGIES INC COM 550241103 307 28,137 SH   SOLE   28,137 0 0
LXP INDUSTRIAL TRUST PFD CONV SER C 529043309 850 16,348 SH   OTR 1 0 16,348 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 49,484 1,036,089 SH   OTR 1 0 1,036,089 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 263 5,510 SH   SOLE   5,510 0 0
MARATHON PETE CORP COM 56585A102 1,336 16,246 SH   OTR 1 0 16,246 0
MARATHON PETE CORP COM 56585A102 446 5,426 SH   SOLE   5,426 0 0
MERCURY GENL CORP NEW COM 589400100 217 4,896 SH   SOLE   4,896 0 0
MID-AMER APT CMNTYS INC COM 59522J103 280 1,601 SH   SOLE   1,601 0 0
MPLX LP COM UNIT REP LTD 55336V100 250 8,569 SH   SOLE   8,569 0 0
MPLX LP COM UNIT REP LTD 55336V100 47,158 1,617,754 SH   OTR 1 0 1,617,754 0
NATIONAL RETAIL PROPERTIES I COM 637417106 272 6,314 SH   SOLE   6,314 0 0
NEW RESIDENTIAL INVT CORP COM NEW 64828T201 694 74,470 SH   SOLE   74,470 0 0
NEW YORK CMNTY CAP TR V UNIT 05/07/2051 64944P307 332 7,176 SH   SOLE   7,176 0 0
NEW YORK CMNTY CAP TR V UNIT 05/07/2051 64944P307 223 4,829 SH   OTR 1 0 4,829 0
NISOURCE INC UNIT 12/01/2023 65473P121 839 7,423 SH   OTR 1 0 7,423 0
NORTHWEST NAT HLDG CO COM 66765N105 226 4,250 SH   SOLE   4,250 0 0
NUSTAR ENERGY LP UNIT COM 67058H102 28,871 2,062,249 SH   OTR 1 0 2,062,249 0
NUSTAR ENERGY LP UNIT COM 67058H102 196 14,000 SH   SOLE   196 0 0
ONEMAIN HLDGS INC COM 68268W103 327 8,750 SH   SOLE   8,750 0 0
PARAMOUNT GROUP INC COM 69924R108 181 25,000 SH   SOLE   25,000 0 0
PENNANTPARK INVT CORP COM 708062104 235 37,975 SH   SOLE   37,975 0 0
PENNYMAC MTG INVT TR COM 70931T103 138 10,001 SH   SOLE   10,001 0 0
PHILLIPS 66 COM 718546104 1,330 16,217 SH   OTR 1 0 16,217 0
PHILLIPS 66 COM 718546104 648 7,896 SH   SOLE   7,896 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 30,728 3,129,120 SH   OTR 1 0 3,129,120 0
PRUDENTIAL FINL INC COM 744320102 641 6,702 SH   SOLE   6,702 0 0
RLJ LODGING TR CUM CONV PFD A 74965L200 469 18,090 SH   SOLE   18,090 0 0
RLJ LODGING TR CUM CONV PFD A 74965L200 21,880 855,007 SH   OTR 1 0 855,007 0
RPT REALTY 7.25 PFD D CONV 74971D200 221 4,626 SH   SOLE   4,626 0 0
RPT REALTY 7.25 PFD D CONV 74971D200 8,282 169,012 SH   OTR 1 0 169,012 0
SERIES PORTFOLIOS TR INFRACAP EQUITY 81752T619 734 27,451 SH   SOLE   27,451 0 0
SHELL PLC SPON ADS 780259305 698 13,347 SH   SOLE   13,347 0 0
SIMON PPTY GROUP INC NEW COM 828806109 285 3,001 SH   SOLE   3,001 0 0
SOUTH JERSEY INDS INC UNIT 04/01/2024 838518306 2,248 33,352 SH   OTR 1 0 33,352 0
SOUTHERN CO UNIT 08/01/2022 842587602 251 4,729 SH   SOLE   4,729 0 0
SOUTHERN CO UNIT 08/01/2022 842587602 8,921 169,567 SH   OTR 1 0 169,567 0
SOUTHERN CO COM 842587107 697 9,784 SH   SOLE   9,784 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 564,366 1,496,000 SH Call SOLE   1,496,000 0 0
STARWOOD PPTY TR INC COM 85571B105 332 15,916 SH   SOLE   15,916 0 0
STORE CAP CORP COM 862121100 209 8,001 SH   SOLE   8,001 0 0
TC ENERGY CORP COM 87807B107 138 2,654 SH   SOLE   2,654 0 0
TC ENERGY CORP COM 87807B107 433 8,360 SH   OTR 1 0 8,360 0
THE NECESSITY RETAIL REIT IN COM CLASS A 02607T109 1,549 212,697 SH   SOLE   212,697 0 0
TPG RE FIN TR INC COM 87266M107 1,344 149,197 SH   SOLE   149,197 0 0
UGI CORP NEW UNIT 99/99/9999 902681113 10,095 108,575 SH   OTR 1 0 108,575 0
UGI CORP NEW UNIT 99/99/9999 902681113 328 3,605 SH   SOLE   3,605 0 0
US BANCORP DEL COM NEW 902973304 1,223 26,577 SH   SOLE   26,577 0 0
VALERO ENERGY CORP COM 91913Y100 237 2,229 SH   SOLE   2,229 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 757 14,916 SH   SOLE   14,916 0 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 521 33,425 SH   SOLE   33,425 0 0
WESTERN ASSET EMERGING MKTS COM 95766A101 881 99,736 SH   SOLE   99,736 0 0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT 958669103 48,283 1,986,152 SH   OTR 1 0 1,986,152 0