Instuitional Investor - Trust & Fiduciary Management Services Inc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ship Finance International Ltd	SFL	441,545	$7,316,000	5.81%
2.	Apollo Commercial Real Estate Finance Inc.	ARI	388,448	$6,693,000	5.31%
3.	Starwood Property Trust Inc.	STWD	307,418	$6,321,000	5.01%
4.	Energy Transfer Partners L.p.	ETP	166,355	$5,611,000	4.45%
5.	Nuveen Preferred Income Opportunities Fund	JPC	591,042	$5,414,000	4.29%