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
ROYAL GOLD INC NOTE 2.875% 6/1 780287AA6 331 316,000 PRN   DFND   0 316,000 0
AEGON N V NY REGISTRY SH 007924103 70 12,651 SH   DFND   0 12,651 0
ALPHABET INC CAP STK CL C 02079K107 3,265 4,230 SH   DFND   0 4,230 0
ALPINE GLOBAL PREMIER PPTYS COM SBI 02083A103 627 122,254 SH   DFND   0 122,254 0
APOLLO SR FLOATING RATE FD I COM 037636107 5,661 325,340 SH   DFND   0 325,340 0
APPLE INC COM 037833100 307 2,650 SH   DFND   0 2,650 0
ASSOCIATED CAP GROUP INC CL A 045528106 978 29,775 SH   DFND   0 29,775 0
B2GOLD CORP COM 11777Q209 823 347,345 SH   DFND   0 347,345 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,186 7,276 SH   DFND   0 7,276 0
BLACKROCK CR ALLCTN INC TR COM 092508100 1,116 86,049 SH   DFND   0 86,049 0
BLACKROCK GLOBAL OPP EQTY TR COM 092501105 528 45,601 SH   DFND   0 45,601 0
BOULDER GROWTH & INCOME FD I COM 101507101 439 49,160 SH   DFND   0 49,160 0
COHEN & STEERS INFRASTRUCTUR COM 19248A109 1,876 96,925 SH   DFND   0 96,925 0
CALAMOS GBL DYN INCOME FUND COM 12811L107 1,150 164,948 SH   DFND   0 164,948 0
CALAMOS GLOBAL TOTAL RETURN COM SH BEN INT 128118106 1,264 120,012 SH   DFND   0 120,012 0
CLOUGH GLOBAL DIVND AND INC COM 18913Y103 681 56,599 SH   DFND   0 56,599 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 2,452 273,969 SH   DFND   0 273,969 0
COFFEE HLDGS INC COM 192176105 54 11,675 SH   DFND   0 11,675 0
COHEN & STEERS CLOSED END OP COM 19248P106 1,229 105,028 SH   DFND   0 105,028 0
COHEN & STEERS REIT & PFD IN COM 19247X100 746 39,014 SH   DFND   0 39,014 0
COLGATE PALMOLIVE CO COM 194162103 798 12,200 SH   DFND   0 12,200 0
CONSOLIDATED EDISON INC COM 209115104 615 8,343 SH   DFND   0 8,343 0
COTT CORP QUE COM 22163N106 1,754 154,809 SH   DFND   0 154,809 0
COVANTA HLDG CORP COM 22282E102 3,329 213,392 SH   DFND   0 213,392 0
DIVERSIFIED REAL ASSET INC F COM SHS 25533B108 213 13,633 SH   DFND   0 13,633 0
DOMINION DIAMOND CORP COM 257287102 98 10,100 SH   DFND   0 10,100 0
DTE ENERGY CO COM 233331107 704 7,146 SH   DFND   0 7,146 0
DUFF & PHELPS GLB UTL INC FD COM 26433C105 4,310 278,058 SH   DFND   0 278,058 0
EATON VANCE FLTG RATE INCOM COM SHS BEN INT 278284104 4,206 245,380 SH   DFND   0 245,380 0
EATON VANCE MI MUNI INCOME T SH BEN INT 27826D106 1,172 91,310 SH   DFND   0 91,310 0
EATON VANCE SH TM DR DIVR IN COM 27828V104 408 29,415 SH   DFND   0 29,415 0
EVERSOURCE ENERGY COM 30040W108 1,649 29,860 SH   DFND   0 29,860 0
FASTENAL CO COM 311900104 1,068 22,729 SH   DFND   0 22,729 0
FRANKLIN UNVL TR SH BEN INT 355145103 7,265 1,087,614 SH   DFND   0 1,087,614 0
GABELLI GLB SML & MD CP VAL COM 36249W104 766 72,253 SH   DFND   0 72,253 0
GABELLI GLOBL UTIL & INCOME COM SH BEN INT 36242L105 436 25,928 SH   DFND   0 25,928 0
GAMCO GLOBAL GOLD NAT RES & COM SH BEN INT 36465A109 54 10,248 SH   DFND   0 10,248 0
GLOBAL SELF STORAGE INC COM 37955N106 4,588 961,843 SH   DFND   0 961,843 0
GLOBAL WTR RES INC COM 379463102 3,851 423,212 SH   DFND   0 423,212 0
GRAMERCY PPTY TR COM 385002100 348 37,937 SH   DFND   0 37,937 0
CLAYMORE EXCHANGE TRD FD TR GUGG CRP BD 2017 18383M548 554 24,500 SH   DFND   0 24,500 0
HARRIS & HARRIS GROUP INC COM 413833104 2,453 1,777,181 SH   DFND   0 1,777,181 0
INTERNATIONAL BUSINESS MACHS COM 459200101 323 1,946 SH   DFND   0 1,946 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 244 33,460 SH   DFND   0 33,460 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 1,061 86,250 SH   DFND   0 86,250 0
ISHARES TR 1-3 YR TR BD ETF 464287457 2,455 29,075 SH   DFND   0 29,075 0
LAZARD WORLD DIVID & INCOME COM 521076109 1,819 183,536 SH   DFND   0 183,536 0
LEGG MASON BW GLB INC OPP FD COM 52469B100 3,295 278,545 SH   DFND   0 278,545 0
LEXINGTON REALTY TRUST COM 529043101 414 38,305 SH   DFND   0 38,305 0
MEDICAL PPTYS TRUST INC COM 58463J304 8,129 660,877 SH   DFND   0 660,877 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 4,323 713,431 SH   DFND   0 713,431 0
MORGAN STANLEY ASIA PAC FD I COM 61744U106 209 15,512 SH   DFND   0 15,512 0
MORGAN STANLEY EMER MKTS FD COM 61744G107 226 17,134 SH   DFND   0 17,134 0
NEW GOLD INC CDA COM 644535106 52 14,725 SH   DFND   0 14,725 0
NEW SR INVT GROUP INC COM 648691103 5,557 567,665 SH   DFND   0 567,665 0
NOKIA CORP SPONSORED ADR 654902204 5,302 1,102,330 SH   DFND   0 1,102,330 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 2,604 294,285 SH   DFND   0 294,285 0
NUVEEN MICHIGAN QLT MUN INC COM 670979103 809 60,653 SH   DFND   0 60,653 0
PIONEER FLOATING RATE TR COM 72369J102 1,644 138,507 SH   DFND   0 138,507 0
PROCTER AND GAMBLE CO COM 742718109 760 9,039 SH   DFND   0 9,039 0
ROYAL GOLD INC COM 780287108 7,762 122,526 SH   DFND   0 122,526 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 1,111 138,281 SH   DFND   0 138,281 0
SANDSTORM GOLD LTD COM NEW 80013R206 6,053 1,552,014 SH   DFND   0 1,552,014 0
SCHWAB STRATEGIC TR INTRM TRM TRES 808524854 28,931 542,292 SH   DFND   0 542,292 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 1,630 86,133 SH   DFND   0 86,133 0
SILVER WHEATON CORP COM 828336107 10,182 526,999 SH   DFND   0 526,999 0
SPARK NETWORKS INC COM 84651P100 360 428,092 SH   DFND   0 428,092 0
SPECIAL OPPORTUNITIES FD INC COM 84741T104 189 13,818 SH   DFND   0 13,818 0
SPECIAL OPPORTUNITIES FD INC PFD CONV SE B 84741T302 557 21,923 SH   DFND   0 21,923 0
ST JUDE MED INC COM 790849103 5,242 65,365 SH   DFND   0 65,365 0
SUNOPTA INC COM 8676EP108 2,266 321,422 SH   DFND   0 321,422 0
TEMPLETON DRAGON FD INC COM 88018T101 214 13,081 SH   DFND   0 13,081 0
TEMPLETON GLOBAL INCOME FD COM 880198106 4,707 726,338 SH   DFND   0 726,338 0
GDL FUND COM SH BEN IT 361570104 3,291 334,492 SH   DFND   0 334,492 0
U S GLOBAL INVS INC CL A 902952100 3,340 2,456,079 SH   DFND   0 2,456,079 0
UNITEDHEALTH GROUP INC COM 91324P102 243 1,518 SH   DFND   0 1,518 0
INVESCO SR INCOME TR COM 46131H107 883 190,382 SH   DFND   0 190,382 0
VEREIT INC COM 92339V100 917 108,346 SH   DFND   0 108,346 0
VOYA PRIME RATE TR SH BEN INT 92913A100 789 142,498 SH   DFND   0 142,498 0
WESTERN ASSET CLYM INFL OPP COM 95766R104 40,827 3,664,882 SH   DFND   0 3,664,882 0
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 6,957 605,975 SH   DFND   0 605,975 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 415 5,011 SH   DFND   0 5,011 0
DISNEY WALT CO COM DISNEY 254687106 2,263 21,718 SH   DFND   0 21,718 0
WELLS FARGO GLOBAL DIVIDEND COM 94987C103 678 124,471 SH   DFND   0 124,471 0
WELLS FARGO MULTI SECTOR INC COM 94987D101 1,261 98,271 SH   DFND   0 98,271 0
BLACKSTONE GSO STRATEGIC CR COM SHS BEN IN 09257R101 2,262 147,468 SH   DFND   0 147,468 0
ERICSSON ADR B SEK 10 294821608 4,834 829,145 SH   DFND   0 829,145 0
GAZIT GLOBE LTD SHS M4793C102 323 37,385 SH   DFND   0 37,385 0
HANNON ARMSTRONG SUST INFR C COM 41068X100 4,469 235,313 SH   DFND   0 235,313 0
ISHARES TR 7-10 Y TR BD ETF 464287440 3,505 33,435 SH   DFND   0 33,435 0
MFS INTER INCOME TR SH BEN INT 55273C107 409 92,084 SH   DFND   0 92,084 0
PUTNAM MASTER INTER INCOME T SH BEN INT 746909100 117 25,420 SH   DFND   0 25,420 0
WHITEWAVE FOODS CO COM 966244105 1,158 20,835 SH   DFND   0 20,835 0
VODAFONE GROUP PLC NEW SPNSR ADR 92857W308 5,869 240,227 SH   DFND   0 240,227 0
WESTERN ASSET EMRG MKT DEBT COM 95766A101 689 46,871 SH   DFND   0 46,871 0