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
AEGON N V NY REGISTRY SH 007924103 86 11,652 SH   DFND   0 11,652 0
ALCATEL-LUCENT SPONSORED ADR 013904305 49 13,513 SH   DFND   0 13,513 0
AVON PRODS INC COM 054303102 69 10,975 SH   DFND   0 10,975 0
BANCROFT FUND LTD COM 059695106 968 45,708 SH   DFND   0 45,708 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,002 7,362 SH   DFND   0 7,362 0
BIRNER DENTAL MGMT SERVICES COM NEW 091283200 1,033 79,485 SH   DFND   0 79,485 0
BLACKROCK FLOATING RATE INCO COM 091941104 981 75,588 SH   DFND   0 75,588 0
BLACKROCK GLOBAL OPP EQTY TR COM 092501105 350 25,466 SH   DFND   0 25,466 0
BLACKROCK CR ALLCTN INC TR COM 092508100 14,405 1,136,950 SH   DFND   0 1,136,950 0
BOULDER GROWTH & INCOME FD I COM 101507101 511 60,589 SH   DFND   0 60,589 0
CALAMOS STRATEGIC TOTL RETN COM SH BEN INT 128125101 208 18,979 SH   DFND   0 18,979 0
CHAMBERS STR PPTYS COM 157842105 8,365 1,052,180 SH   DFND   0 1,052,180 0
CINEDIGM CORP COM 172406100 647 917,731 SH   DFND   0 917,731 0
COFFEE HLDGS INC COM 192176105 68 13,625 SH   DFND   0 13,625 0
COLGATE PALMOLIVE CO COM 194162103 798 12,200 SH   DFND   0 12,200 0
CONSOLIDATED EDISON INC COM 209115104 483 8,343 SH   DFND   0 8,343 0
DTE ENERGY CO COM 233331107 528 7,075 SH   DFND   0 7,075 0
DOMINION DIAMOND CORP COM 257287102 3,157 225,359 SH   DFND   0 225,359 0
EATON VANCE FLTG RATE INCOM COM SHS BEN INT 278284104 3,470 216,599 SH   DFND   0 216,599 0
FASTENAL CO COM 311900104 1,151 27,298 SH   DFND   0 27,298 0
FEDERATED ENHANC TREAS INCM COM SH BEN INT 314162108 135 10,190 SH   DFND   0 10,190 0
FORT DEARBORN INCOME SECS IN COM 347200107 1,772 128,517 SH   DFND   0 128,517 0
FRANKLIN UNVL TR SH BEN INT 355145103 8,925 1,383,754 SH   DFND   0 1,383,754 0
GDL FUND COM SH BEN IT 361570104 2,517 246,974 SH   DFND   0 246,974 0
HARRIS & HARRIS GROUP INC COM 413833104 2,721 989,591 SH   DFND   0 989,591 0
INTERNATIONAL BUSINESS MACHS COM 459200101 277 1,703 SH   DFND   0 1,703 0
LAZARD WORLD DIVID & INCOME COM 521076109 199 17,107 SH   DFND   0 17,107 0
LEXINGTON REALTY TRUST COM 529043101 7,259 856,010 SH   DFND   0 856,010 0
MFS CHARTER INCOME TR SH BEN INT 552727109 4,205 496,511 SH   DFND   0 496,511 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 10,013 1,649,554 SH   DFND   0 1,649,554 0
MADISON CVRED CALL & EQ STR COM 557437100 463 58,051 SH   DFND   0 58,051 0
NEW GOLD INC CDA COM 644535106 4,626 1,719,718 SH   DFND   0 1,719,718 0
NUVEEN INTER DURATION MN TMF COM 670671106 2,420 197,553 SH   DFND   0 197,553 0
NUVEEN INT DUR QUAL MUN TRM COM 670677103 1,577 128,910 SH   DFND   0 128,910 0
NUVEEN MICH QUALITY INCOME M COM 670979103 146 11,000 SH   DFND   0 11,000 0
PFIZER INC COM 717081103 263 7,851 SH   DFND   0 7,851 0
PROCTER & GAMBLE CO COM 742718109 779 9,954 SH   DFND   0 9,954 0
PUTNAM MASTER INTER INCOME T SH BEN INT 746909100 119 25,155 SH   DFND   0 25,155 0
PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 1,619 139,425 SH   DFND   0 139,425 0
ROYCE MICRO-CAP TR INC COM 780915104 617 66,934 SH   DFND   0 66,934 0
SILVER WHEATON CORP COM 828336107 6,369 367,292 SH   DFND   0 367,292 0
STRATEGIC GLOBAL INCOME FD COM 862719101 5,071 613,123 SH   DFND   0 613,123 0
TEMPLETON GLOBAL INCOME FD COM 880198106 412 58,545 SH   DFND   0 58,545 0
TIVO INC COM 888706108 2,449 241,530 SH   DFND   0 241,530 0
U S GLOBAL INVS INC CL A 902952100 7,096 2,552,408 SH   DFND   0 2,552,408 0
WESTERN ASSET WORLDWIDE INCO COM 957668106 809 74,654 SH   DFND   0 74,654 0
ZWEIG FD COM NEW 989834205 335 22,783 SH   DFND   0 22,783 0
ZWEIG TOTAL RETURN FD INC COM NEW 989837208 1,136 87,762 SH   DFND   0 87,762 0
ALLIANCEBERNSTEIN INCOME FUN COM 01881E101 10,755 1,445,626 SH   DFND   0 1,445,626 0
BLACKROCK CORE BD TR SHS BEN INT 09249E101 1,102 86,992 SH   DFND   0 86,992 0
AT&T INC COM 00206R102 4,648 130,851 SH   DFND   0 130,851 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 9,975 1,226,971 SH   DFND   0 1,226,971 0
BLACKROCK INCOME TR INC COM 09247F100 684 108,167 SH   DFND   0 108,167 0
BLACKROCK UTIL & INFRASTRCTU COM 09248D104 321 17,661 SH   DFND   0 17,661 0
BLACKROCK LTD DURATION INC T COM SHS 09249W101 384 25,378 SH   DFND   0 25,378 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 2,428 178,536 SH   DFND   0 178,536 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 1,156 85,534 SH   DFND   0 85,534 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 263 28,846 SH   DFND   0 28,846 0
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 09257P105 2,775 136,925 SH   DFND   0 136,925 0
BLACKSTONE GSO STRATEGIC CR COM SHS BEN IN 09257R101 5,594 357,886 SH   DFND   0 357,886 0
B2GOLD CORP COM 11777Q209 4,757 3,109,035 SH   DFND   0 3,109,035 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 342 42,963 SH   DFND   0 42,963 0
COHEN & STEERS INFRASTRUCTUR COM 19248A109 856 40,734 SH   DFND   0 40,734 0
COHEN & STEERS CLOSED END OP COM 19248P106 4,333 358,387 SH   DFND   0 358,387 0
COTT CORP QUE COM 22163N106 7,688 786,058 SH   DFND   0 786,058 0
DELAWARE INVT NAT MUNI INC F SH BEN INT 24610T108 966 76,388 SH   DFND   0 76,388 0
DEUTSCHE STRATEGIC INCOME TR SHS 25160F109 1,628 146,529 SH   DFND   0 146,529 0
DIVERSIFIED REAL ASSET INC F COM SHS 25533B108 331 18,881 SH   DFND   0 18,881 0
DREYFUS MUN BD INFRSTRCTR FD SHS 26203D101 1,018 87,565 SH   DFND   0 87,565 0
EATON VANCE MI MUNI INCOME T SH BEN INT 27826D106 1,224 99,050 SH   DFND   0 99,050 0
EATON VANCE SH TM DR DIVR IN COM 27828V104 1,628 117,539 SH   DFND   0 117,539 0
EATON VANCE NATL MUN OPPORT COM SHS 27829L105 1,369 67,822 SH   DFND   0 67,822 0
EATON VANCE MUN INCOME 2028 SHS 27829U105 1,990 117,500 SH   DFND   0 117,500 0
EVERSOURCE ENERGY COM 30040W108 1,356 29,860 SH   DFND   0 29,860 0
FEDERATED PREM INTR MUN INC COM 31423M105 304 23,075 SH   DFND   0 23,075 0
FIRST TR INTER DUR PFD & IN COM 33718W103 421 19,543 SH   DFND   0 19,543 0
FRANKLIN LTD DURATION INC TR COM 35472T101 2,974 255,298 SH   DFND   0 255,298 0
GABELLI GLB SML & MD CP VAL COM 36249W104 821 77,097 SH   DFND   0 77,097 0
GAIAM INC CL A 36268Q103 11,268 1,722,901 SH   DFND   0 1,722,901 0
GAMCO GLOBAL GOLD NAT RES & COM SH BEN INT 36465A109 13,887 2,133,200 SH   DFND   0 2,133,200 0
GENWORTH FINL INC COM CL A 37247D106 1,870 246,965 SH   DFND   0 246,965 0
GOOGLE INC CL C 38259P706 1,957 3,759 SH   DFND   0 3,759 0
GOVERNMENT PPTYS INCOME TR COM SHS BEN INT 38376A103 14,061 757,992 SH   DFND   0 757,992 0
HANCOCK JOHN PREMUIM DIV FD COM SH BEN INT 41013T105 906 69,135 SH   DFND   0 69,135 0
HANCOCK JOHN TAX-ADV DIV INC COM 41013V100 265 13,483 SH   DFND   0 13,483 0
INVESCO TR INVT GRADE MUNS COM 46131M106 1,907 150,250 SH   DFND   0 150,250 0
INVESCO BD FD COM 46132L107 266 15,301 SH   DFND   0 15,301 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 1,156 99,566 SH   DFND   0 99,566 0
INVESCO QUALITY MUNI INC TRS COM 46133G107 2,262 191,400 SH   DFND   0 191,400 0
JANUS CAP GROUP INC COM 47102X105 10,727 626,598 SH   DFND   0 626,598 0
LEAPFROG ENTERPRISES INC CL A 52186N106 2,690 1,921,174 SH   DFND   0 1,921,174 0
LEGG MASON BW GLB INC OPP FD COM 52469B100 3,245 228,070 SH   DFND   0 228,070 0
MFS INTER INCOME TR SH BEN INT 55273C107 2,154 466,234 SH   DFND   0 466,234 0
MEDICAL PPTYS TRUST INC COM 58463J304 2,829 215,772 SH   DFND   0 215,772 0
MFS INVT GRADE MUN TR SH BEN INT 59318B108 1,193 128,249 SH   DFND   0 128,249 0
MORGAN STANLEY EMER MKTS FD COM 61744G107 294 19,803 SH   DFND   0 19,803 0
MORGAN STANLEY ASIA PAC FD I COM 61744U106 294 18,805 SH   DFND   0 18,805 0
MORGAN STANLEY TRUSTS INCOME SECS INC 61745P874 1,077 62,559 SH   DFND   0 62,559 0
NUVEEN SELECT TAX FREE INCM SH BEN INT 67062F100 325 23,964 SH   DFND   0 23,964 0
NUVEEN PERFORMANCE PLUS MUN COM 67062P108 1,111 79,200 SH   DFND   0 79,200 0
NUVEEN DIVID ADVANTAGE MUN I COM 67071L106 630 46,425 SH   DFND   0 46,425 0
NUVEEN QUALITY PFD INC FD 3 COM 67072W101 6,550 803,718 SH   DFND   0 803,718 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 5,022 583,255 SH   DFND   0 583,255 0
NUVEEN GLOBAL HIGH INCOME FD SHS 67075G103 1,040 62,238 SH   DFND   0 62,238 0
PIMCO DYNAMIC CR INCOME FD COM SHS 72202D106 12,090 599,101 SH   DFND   0 599,101 0
PIONEER FLOATING RATE TR COM 72369J102 3,755 330,004 SH   DFND   0 330,004 0
RCS CAP CORP COM CL A 74937W102 5,598 730,845 SH   DFND   0 730,845 0
ROYAL GOLD INC NOTE 2.875% 6/1 780287AA6 388 379,000 SH   DFND   0 379,000 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 1,078 129,702 SH   DFND   0 129,702 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 5,814 331,289 SH   DFND   0 331,289 0
SPARK NETWORKS INC COM 84651P100 1,047 341,163 SH   DFND   0 341,163 0
SPECIAL OPPORTUNITIES FD INC COM 84741T104 791 51,762 SH   DFND   0 51,762 0
SUNOPTA INC COM 8676EP108 1,490 138,835 SH   DFND   0 138,835 0
TEMPLETON DRAGON FD INC COM 88018T101 342 13,803 SH   DFND   0 13,803 0
TEMPLETON RUS AND EAST EUR F COM 88022F105 105 10,453 SH   DFND   0 10,453 0
TERADATA CORP DEL COM 88076W103 4,392 118,697 SH   DFND   0 118,697 0
TRAVELZOO INC COM NEW 89421Q205 1,106 98,050 SH   DFND   0 98,050 0
UNITEDHEALTH GROUP INC COM 91324P102 210 1,721 SH   DFND   0 1,721 0
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 784 35,225 SH   DFND   0 35,225 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 4,872 133,670 SH   DFND   0 133,670 0
VOYA PRIME RATE TR SH BEN INT 92913A100 777 148,061 SH   DFND   0 148,061 0
WELLS FARGO ADVANTAGE MULTI COM SHS 94987D101 8,661 684,125 SH   DFND   0 684,125 0
WESTERN ASST MN PRT FD INC COM 95766P108 1,301 86,662 SH   DFND   0 86,662 0
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 8,020 711,588 SH   DFND   0 711,588 0
WESTERN ASSET CLYM INFL OPP COM 95766R104 40,332 3,604,264 SH   DFND   0 3,604,264 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 8,111 472,946 SH   DFND   0 472,946 0
BROOKFIELD RENEWABLE ENRGY P PARTNERSHIP UNIT G16258108 453 15,253 SH   DFND   0 15,253 0
STAG INDL INC COM 85254J102 519 25,950 SH   DFND   0 25,950 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 425 5,032 SH   DFND   0 5,032 0