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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101 BBG001S5T7X2 580,905 4,500 SH   SOLE   4,500 0 0
AES CORP COM 00130H105 BBG001S6B1L5 1,537,965 119,500 SH   SOLE   119,500 0 0
AGNC INVT CORP COM 00123Q104 BBG001T074G2 3,315,600 360,000 SH   SOLE   360,000 0 0
AGNICO EAGLE MINES LTD COM 008474108 BBG001S77MK3 555,291 7,100 SH   SOLE   7,100 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 BBG006G2JWB1 364,597 4,300 SH   SOLE   4,300 0 0
ANNALY CAPITAL MANAGEMENT IN COM NEW 035710839 BBG001S8J4S0 3,249,860 177,588 SH   SOLE   177,588 0 0
ARGAN INC COM 04010E109 BBG001SJP7D8 370,008 2,700 SH   SOLE   2,700 0 0
ARMOUR RESIDENTIAL REIT INC COM SHS 042315705 BBG001SRBTG4 3,282,583 174,050 SH   SOLE   174,050 0 0
BANDWIDTH INC NOTE 0.500% 4/0 05988JAD5 BBG00ZLJC548 998,004 1,250,000 PRN   SOLE   1,250,000 0 0
BARRICK GOLD CORP COM 067901108 BBG001S5N9P3 418,500 27,000 SH   SOLE   27,000 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 BBG008B5CF38 189,800 13,000 SH   SOLE   13,000 0 0
BRADY CORP CL A 104674106 BBG001S5PCB9 270,291 3,660 SH   SOLE   3,660 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 BBG001S8N8J6 542,976 9,600 SH   SOLE   9,600 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 BBG001S77T37 254,240 7,000 SH   SOLE   7,000 0 0
BROWN FORMAN CORP CL B 115637209 BBG001S5P4H1 322,830 8,500 SH   SOLE   8,500 0 0
BWX TECHNOLOGIES INC COM 05605H100 BBG001SGJPH7 495,686 4,450 SH   SOLE   4,450 0 0
CALAVO GROWERS INC COM 128246105 BBG001S9FP96 809,625 31,750 SH   SOLE   31,750 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 BBG001S7QBD4 364,907 8,050 SH   SOLE   8,050 0 0
CARDLYTICS INC NOTE 1.000% 9/1 14161WAB1 BBG00XH48CJ5 447,722 500,000 PRN   SOLE   500,000 0 0
CARRIAGE SVCS INC COM 143905107 BBG001S9M5G4 856,775 21,500 SH   SOLE   21,500 0 0
COMMUNITY HEALTHCARE TR INC COM 20369C106 BBG008G2P3N1 249,730 13,000 SH   SOLE   13,000 0 0
COMTECH TELECOMMUNICATIONS C COM NEW 205826209 BBG001S5PYN8 643,112 160,377 SH   SOLE   160,377 0 0
CORTEVA INC COM 22052L104 BBG00BN969D0 364,544 6,400 SH   SOLE   6,400 0 0
CRACKER BARREL OLD CTRY STOR NOTE 0.625% 6/1 22410JAB2 BBG011F6J0D1 1,175,347 1,250,000 PRN   SOLE   1,250,000 0 0
DELEK US HLDGS INC NEW COM 24665A103 BBG00FZYFVD4 508,750 27,500 SH   SOLE   27,500 0 0
DEVON ENERGY CORP NEW COM 25179M103 BBG001S63VG4 378,032 11,550 SH   SOLE   11,550 0 0
ETSY INC NOTE 0.250% 6/1 29786AAN6 BBG011C0JZ40 408,934 500,000 PRN   SOLE   500,000 0 0
EURONET WORLDWIDE INC NOTE 0.750% 3/1 298736AL3 BBG00NKZLB01 727,180 734,000 PRN   SOLE   734,000 0 0
EVOLUTION PETE CORP COM 30049A107 BBG001S7PJP5 314,679 60,168 SH   SOLE   60,168 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 BBG0078W3NP4 495,320 23,200 SH   SOLE   23,200 0 0
IMMERSION CORP COM 452521107 BBG001SD4N12 742,050 85,000 SH   SOLE   85,000 0 0
INTERDIGITAL INC COM 45867G101 BBG001S8DV79 571,474 2,950 SH   SOLE   2,950 0 0
ISHARES TR PFD AND INCM SEC 464288687 BBG001SNVWC8 3,059,112 97,300 SH   SOLE   97,300 0 0
JACK IN THE BOX INC COM 466367109 BBG001SDBB01 395,580 9,500 SH   SOLE   9,500 0 0
JEFFERIES FINL GROUP INC COM 47233W109 BBG001S5SX02 409,640 5,225 SH   SOLE   5,225 0 0
KEURIG DR PEPPER INC COM 49271V100 BBG001ST5W34 224,840 7,000 SH   SOLE   7,000 0 0
LENDINGTREE INC NOTE 0.500% 7/1 52603BAD9 BBG00W6WLPH5 572,528 599,000 PRN   SOLE   599,000 0 0
LOGILITY SUPPLY CHAIN SOLUTI COM 029683109 BBG001S5NPN9 465,360 42,000 SH   SOLE   42,000 0 0
LUXFER HLDGS PLC SHS G5698W116 BBG0029SH121 330,012 25,211 SH   SOLE   25,211 0 0
MGP INGREDIENTS INC NEW COM 55303J106 BBG001S5XTL2 236,220 6,000 SH   SOLE   6,000 0 0
MGP INGREDIENTS INC NEW NOTE 1.875%11/1 55303JAB2 BBG013GNDY69 926,196 1,000,000 PRN   SOLE   1,000,000 0 0
MPLX LP COM UNIT REP LTD 55336V100 BBG0035TJHL3 955,764 19,970 SH   SOLE   19,970 0 0
NACCO INDS INC CL A 629579103 BBG001S5TJT1 403,614 13,535 SH   SOLE   13,535 0 0
NATIONAL PRESTO INDS INC COM 637215104 BBG001S5TPT7 1,291,763 13,125 SH   SOLE   13,125 0 0
NATIONAL RESH CORP COM NEW 637372202 BBG004K1F9R1 498,877 28,281 SH   SOLE   28,281 0 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 BBG001SB8557 182,500 73,000 SH   SOLE   73,000 0 0
OCCIDENTAL PETE CORP COM 674599105 BBG001S5TZG9 559,568 11,325 SH   SOLE   11,325 0 0
OKTA INC NOTE 0.125% 9/0 679295AD7 BBG00Q5FZ6Q3 1,443,635 1,500,000 PRN   SOLE   1,500,000 0 0
OMEGA FLEX INC COM 682095104 BBG001SNLHY8 373,533 8,900 SH   SOLE   8,900 0 0
OMNICELL COM NOTE 0.250% 9/1 68213NAD1 BBG001SF6Z45 1,433,632 1,500,000 PRN   SOLE   1,500,000 0 0
OPERA LTD SPONSORED ADS 68373M107 BBG00LBLDJ80 1,239,244 65,430 SH   SOLE   65,430 0 0
PARK AEROSPACE CORP COM 70014A104 BBG001S5V732 761,800 52,000 SH   SOLE   52,000 0 0
PEABODY ENERGY CORP COM 704551100 BBG00GBV89J5 282,690 13,500 SH   SOLE   13,500 0 0
PEGASYSTEMS INC NOTE 0.750% 3/0 705573AB9 BBG00RTV3HK7 992,000 1,000,000 PRN   SOLE   1,000,000 0 0
PERRIGO CO PLC SHS G97822103 BBG001S704D8 200,538 7,800 SH   SOLE   7,800 0 0
PHATHOM PHARMACEUTICALS INC COM 71722W107 BBG00P5B2S73 509,952 62,802 SH   SOLE   62,802 0 0
PRICESMART INC COM 741511109 BBG001SB78V3 476,980 5,175 SH   SOLE   5,175 0 0
RICHARDSON ELECTRS LTD COM 763165107 BBG001S5VMS2 589,877 42,044 SH   SOLE   42,044 0 0
SELECT WATER SOLUTIONS INC CL A COM 81617J301 BBG00G4Y2F27 621,022 46,905 SH   SOLE   46,905 0 0
SHUTTERSTOCK INC COM 825690100 BBG002ZCK3M7 379,375 12,500 SH   SOLE   12,500 0 0
SIGA TECHNOLOGIES INC COM 826917106 BBG001S80PZ5 350,263 58,280 SH   SOLE   58,280 0 0
TYSON FOODS INC CL A 902494103 BBG001S871D5 344,640 6,000 SH   SOLE   6,000 0 0
UGI CORP NEW COM 902681105 BBG001S5X0W3 409,335 14,500 SH   SOLE   14,500 0 0
VANECK ETF TRUST JP MRGAN EM LOC 92189H300 BBG001T9BPT7 415,980 18,000 SH   SOLE   18,000 0 0
VERINT SYSTEMS INC NOTE 0.250% 4/1 92343XAC4 BBG00ZXN23R7 497,155 530,000 PRN   SOLE   530,000 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 BBG001S5XBY7 382,530 41,000 SH   SOLE   41,000 0 0
WELLS FARGO CO NEW PERP PFD CNV A 949746804 BBG0001J68G5 7,165,860 6,000 SH   SOLE   6,000 0 0
YORK WTR CO COM 987184108 BBG001S6YWZ7 245,400 7,500 SH   SOLE   7,500 0 0