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
ABERDEEN ASIA PACIFIC INCOM COM 003009107 17,607 3,521,352 SH   SOLE   3,521,352 0 0
ABERDEEN AUSTRALIA EQTY FD I COM 003011103 6,748 1,213,712 SH   SOLE   1,213,712 0 0
ABERDEEN CHILE FD INC COM 00301W105 2,567 427,202 SH   SOLE   427,202 0 0
ABERDEEN EMERGING MKTS SMALL COM 00301T102 1,583 136,105 SH   SOLE   136,105 0 0
ABERDEEN GTR CHINA FD INC COM 003031101 1,705 205,456 SH   SOLE   205,456 0 0
ABERDEEN INDONESIA FD INC COM 00305P106 4,488 753,070 SH   SOLE   753,070 0 0
ABERDEEN ISRAEL FUND INC COM 00301L109 7,233 423,516 SH   SOLE   423,516 0 0
ABERDEEN JAPAN EQUITY FD INC COM 00306J109 18,140 2,471,446 SH   SOLE   2,471,446 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 7,252 399,544 SH   SOLE   399,544 0 0
ABERDEEN SINGAPORE FD INC COM 003244100 10,306 1,146,406 SH   SOLE   1,146,406 0 0
ADAM NAT RES FD INC COM 00548F105 1,990 110,643 SH   SOLE   110,643 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 7,944 627,977 SH   SOLE   627,977 0 0
ADVENT CLAY CONV SEC INC FD COM 007639107 774 142,612 SH   SOLE   142,612 0 0
ALLIANCEBERNSTEIN INCOME FUN COM 01881E101 56,799 7,235,498 SH   SOLE   7,235,498 0 0
ALLIANZGI EQUITY & CONV INCO COM 018829101 2,491 136,960 SH   SOLE   136,960 0 0
ALPINE GLOBAL DYNAMIC DIVD F COM NEW 02082E205 1,786 209,376 SH   SOLE   209,376 0 0
ALPINE GLOBAL PREMIER PPTYS COM SBI 02083A103 13,927 2,491,421 SH   SOLE   2,491,421 0 0
ALPINE TOTAL DYNAMIC DIVID F COM SH BEN INT N 021060207 65,088 8,678,343 SH   SOLE   8,678,343 0 0
ASIA PAC FD INC COM 044901106 3,434 357,329 SH   SOLE   357,329 0 0
ASIA TIGERS FD INC COM 04516T105 1,488 163,520 SH   SOLE   163,520 0 0
BANCROFT FUND LTD COM 059695106 773 43,069 SH   SOLE   43,069 0 0
BLACKROCK CORE BD TR SHS BEN INT 09249E101 15,153 1,131,638 SH   SOLE   1,131,638 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 13,327 1,064,472 SH   SOLE   1,064,472 0 0
BLACKROCK ENHANCED EQT DIV T COM 09251A104 4,394 582,787 SH   SOLE   582,787 0 0
BLACKROCK ENHANCED GOVT FD I COM 09255K108 10,471 772,161 SH   SOLE   772,161 0 0
BLACKROCK GLOBAL OPP EQTY TR COM 092501105 48,202 4,057,369 SH   SOLE   4,057,369 0 0
BLACKROCK INCOME TR INC COM 09247F100 19,421 2,929,280 SH   SOLE   2,929,280 0 0
BLACKROCK INTL GRWTH & INC T COM BENE INTER 092524107 12,702 2,145,682 SH   SOLE   2,145,682 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 1,391 94,900 SH   SOLE   94,900 0 0
BLACKROCK MUNICIPL INC QLTY COM 092479104 1,046 69,461 SH   SOLE   69,461 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 43,925 6,092,177 SH   SOLE   6,092,177 0 0
BLACKROCK UTIL & INFRASTRCTU COM 09248D104 2,470 133,365 SH   SOLE   133,365 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 18,620 2,384,142 SH   SOLE   2,384,142 0 0
CENTRAL EUR RUSS & TURK FD I COM 153436100 5,470 292,226 SH   SOLE   292,226 0 0
CENTRAL SECS CORP COM 155123102 2,029 106,000 SH   SOLE   106,000 0 0
CHINA FD INC COM 169373107 5,028 341,090 SH   SOLE   341,090 0 0
CLOUGH GLOBAL ALLOCATION FD COM 18913Y103 1,293 111,331 SH   SOLE   111,331 0 0
CLOUGH GLOBAL EQUITY FD COM 18914C100 7,353 675,803 SH   SOLE   675,803 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 12,568 1,311,950 SH   SOLE   1,311,950 0 0
COHEN & STEERS INFRASTRUCTUR COM 19248A109 30,376 1,533,356 SH   SOLE   1,533,356 0 0
COHEN & STEERS QUALITY RLTY COM 19247L106 762 61,400 SH   SOLE   61,400 0 0
CUSHING RENAISSANCE FD COM 231647108 522 37,228 SH   SOLE   37,228 0 0
CUTWATER SELECT INCOME FD COM 232229104 6,559 342,704 SH   SOLE   342,704 0 0
DELAWARE ENHANCED GBL DIV & COM 246060107 1,567 171,250 SH   SOLE   171,250 0 0
DUFF & PHELPS GLB UTL INC FD COM 26433C105 3,712 233,303 SH   SOLE   233,303 0 0
DUFF & PHELPS UTIL CORP BD T COM 26432K108 7,439 773,318 SH   SOLE   773,318 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 10,870 824,756 SH   SOLE   824,756 0 0
EATON VANCE MUN BD FD COM 27827X101 10,960 824,069 SH   SOLE   824,069 0 0
EATON VANCE RISK MNGD DIV EQ COM 27829G106 1,117 117,835 SH   SOLE   117,835 0 0
EATON VANCE SH TM DR DIVR IN COM 27828V104 3,507 262,864 SH   SOLE   262,864 0 0
ELLSWORTH GROWTH & INCOME FD COM 289074106 1,383 181,925 SH   SOLE   181,925 0 0
EUROPEAN EQUITY FUND COM 298768102 10,245 1,303,434 SH   SOLE   1,303,434 0 0
FIRST TR ABERDEEN GLBL OPP F COM SHS 337319107 2,701 246,440 SH   SOLE   246,440 0 0
FIRST TR DIVIDEND INCOME FD COM 33731L100 483 55,872 SH   SOLE   55,872 0 0
FIRST TR DYNAMIC EUROPE EQT COM SHS 33740D107 21,032 1,260,885 SH   SOLE   1,260,885 0 0
FIRST TR/ABERDEEN EMERG OPT COM 33731K102 5,142 369,107 SH   SOLE   369,107 0 0
FIRST TRUST MORTGAGE INCM FD COM SHS 33734E103 10,224 711,471 SH   SOLE   711,471 0 0
FORT DEARBORN INCOME SECS IN COM 347200107 10,602 734,742 SH   SOLE   734,742 0 0
FRANKLIN LTD DURATION INC TR COM 35472T101 7,409 653,379 SH   SOLE   653,379 0 0
GABELLI GLB SML & MD CP VAL COM 36249W104 349 33,077 SH   SOLE   33,077 0 0
GABELLI GLOBL UTIL & INCOME COM SH BEN INT 36242L105 1,284 71,746 SH   SOLE   71,746 0 0
GDL FUND COM SH BEN IT 361570104 1,816 181,007 SH   SOLE   181,007 0 0
GENERAL AMERN INVS INC COM 368802104 6,739 215,778 SH   SOLE   215,778 0 0
HANCOCK JOHN INCOME SECS TR COM 410123103 6,473 465,513 SH   SOLE   465,513 0 0
INVESCO BD FD COM 46132L107 4,296 232,854 SH   SOLE   232,854 0 0
ISHARES MSCI AUST ETF 464286103 63,291 3,275,957 SH   SOLE   3,275,957 0 0
ISHARES MSCI EURZONE ETF 464286608 45,124 1,312,130 SH   SOLE   1,312,130 0 0
ISHARES MSCI FRANCE ETF 464286707 10,277 425,012 SH   SOLE   425,012 0 0
ISHARES MSCI SZ CAP ETF 464286749 16,635 559,551 SH   SOLE   559,551 0 0
ISHARES MSCI GERMANY ETF 464286806 42,467 1,650,500 SH   SOLE   1,650,500 0 0
ISHARES MSCI JAPAN ETF 464286848 125,192 10,972,132 SH   SOLE   10,972,132 0 0
ISHARES TR CORE US AGGBD ET 464287226 18,059 162,950 SH   SOLE   162,950 0 0
ISHARES TR 7-10 Y TR BD ETF 464287440 19,814 179,575 SH   SOLE   179,575 0 0
ISHARES TR MSCI EAFE ETF 464287465 15,479 270,800 SH   SOLE   270,800 0 0
ISHARES TR MBS ETF 464288588 2,829 25,836 SH   SOLE   25,836 0 0
ISHARES TR CORE US TR BD 46429B267 3,803 147,400 SH   SOLE   147,400 0 0
ISHARES TR MSCI UTD KNGDM 46434V548 398 25,390 SH   SOLE   25,390 0 0
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 38,107 3,948,880 SH   SOLE   3,948,880 0 0
JPMORGAN CHINA REGION FD INC COM 48126T104 4,138 279,964 SH   SOLE   279,964 0 0
KOREA EQUITY FD INC COM 50063B104 5,243 659,533 SH   SOLE   659,533 0 0
KOREA FD COM NEW 500634209 16,586 510,345 SH   SOLE   510,345 0 0
LATIN AMERN DISCOVERY FD INC COM 51828C106 1,572 179,255 SH   SOLE   179,255 0 0
LAZARD GLB TTL RET&INCM FD I COM 52106W103 12,615 1,014,860 SH   SOLE   1,014,860 0 0
LEGG MASON BW GLB INC OPP FD COM 52469B100 7,133 577,533 SH   SOLE   577,533 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 6,404 1,288,442 SH   SOLE   1,288,442 0 0
LIBERTY ALL-STAR GROWTH FD I COM 529900102 461 113,748 SH   SOLE   113,748 0 0
LMP CAP & INCOME FD INC COM 50208A102 1,908 154,221 SH   SOLE   154,221 0 0
MACQUARIE GLBL INFRA TOTL RE COM 55608D101 12,163 605,443 SH   SOLE   605,443 0 0
MADISON STRTG SECTOR PREM FD COM 558268108 904 80,319 SH   SOLE   80,319 0 0
MEXICO EQUITY & INCOME FD COM 592834105 3,916 349,302 SH   SOLE   349,302 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 11,863 1,459,120 SH   SOLE   1,459,120 0 0
MFS INTER INCOME TR SH BEN INT 55273C107 4,041 876,472 SH   SOLE   876,472 0 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 15,445 2,649,196 SH   SOLE   2,649,196 0 0
MORGAN STANLEY ASIA PAC FD I COM 61744U106 16,952 1,238,264 SH   SOLE   1,238,264 0 0
MORGAN STANLEY CHINA A SH FD COM 617468103 7,299 431,357 SH   SOLE   431,357 0 0
MORGAN STANLEY EMER MKTS DEB COM 61744H105 2,174 247,582 SH   SOLE   247,582 0 0
MORGAN STANLEY EMER MKTS FD COM 61744G107 8,289 628,467 SH   SOLE   628,467 0 0
MORGAN STANLEY TRUSTS INCOME SECS INC 61745P874 16,412 937,285 SH   SOLE   937,285 0 0
NEUBERGER BERMAN RE ES SEC F COM 64190A103 2,674 525,355 SH   SOLE   525,355 0 0
NEW GERMANY FD INC COM 644465106 15,088 1,070,822 SH   SOLE   1,070,822 0 0
NEW IRELAND FUND INC COM 645673104 6,138 472,724 SH   SOLE   472,724 0 0
NUVEEN DOW 30 DYN OVERWRITE SHS 67075F105 690 48,926 SH   SOLE   48,926 0 0
NUVEEN GLOBAL EQUITY INCOME COM 6706EH103 1,889 172,169 SH   SOLE   172,169 0 0
NUVEEN GLOBAL HIGH INCOME FD SHS 67075G103 4,263 307,325 SH   SOLE   307,325 0 0
NUVEEN MULTI MKT INCOME FD COM 67075J107 6,134 850,801 SH   SOLE   850,801 0 0
NUVEEN MUN ADVANTAGE FD INC COM 67062H106 17,997 1,254,149 SH   SOLE   1,254,149 0 0
NUVEEN MUN MKT OPPORTUNITY F COM 67062W103 10,683 751,300 SH   SOLE   751,300 0 0
NUVEEN SELECT QUALITY MUN FD COM 670973106 18,237 1,243,977 SH   SOLE   1,243,977 0 0
PUTNAM MASTER INTER INCOME T SH BEN INT 746909100 9,407 2,138,031 SH   SOLE   2,138,031 0 0
PUTNAM PREMIER INCOME TR SH BEN INT 746853100 24,558 5,181,065 SH   SOLE   5,181,065 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 1,979 268,527 SH   SOLE   268,527 0 0
ROYCE VALUE TR INC COM 780910105 1,678 143,314 SH   SOLE   143,314 0 0
SPROTT FOCUS TR INC COM 85208J109 2,084 342,251 SH   SOLE   342,251 0 0
SWISS HELVETIA FD INC COM 870875101 38,591 3,790,901 SH   SOLE   3,790,901 0 0
TAIWAN FD INC COM 874036106 4,779 307,547 SH   SOLE   307,547 0 0
TEKLA WORLD HEALTHCARE FD BEN INT SHS 87911L108 577 41,113 SH   SOLE   41,113 0 0
TEMPLETON DRAGON FD INC COM 88018T101 11,540 674,058 SH   SOLE   674,058 0 0
TEMPLETON EMERGING MKTS FD I COM 880191101 14,219 1,314,113 SH   SOLE   1,314,113 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 4,842 742,622 SH   SOLE   742,622 0 0
THAI FD INC COM 882904105 5,829 777,252 SH   SOLE   777,252 0 0
TRI CONTL CORP COM 895436103 9,720 486,998 SH   SOLE   486,998 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 14,595 300,800 SH   SOLE   300,800 0 0
VOYA ASIA PAC DIVID EQUITY I COM 92912J102 1,612 174,499 SH   SOLE   174,499 0 0
VOYA EMERGING MKTS HIGH DIVI COM 92912P108 18,954 2,451,693 SH   SOLE   2,451,693 0 0
WELLS FARGO GLOBAL DIVIDEND WF GLOBAL OPPTY 94987C103 3,190 534,350 SH   SOLE   534,350 0 0
WELLS FARGO MULTI SECTOR INC WF MLT SECTR INC 94987D101 2,624 214,711 SH   SOLE   214,711 0 0
WESTERN ASSET CLYM INFL OPP COM 95766R104 43,158 3,902,178 SH   SOLE   3,902,178 0 0
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 24,955 2,190,957 SH   SOLE   2,190,957 0 0
WESTERN ASSET EMRG MKT INCM COM 95766E103 6,519 635,344 SH   SOLE   635,344 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 15,207 922,165 SH   SOLE   922,165 0 0
WESTERN ASSET INCOME FD COM 95766T100 10,037 738,585 SH   SOLE   738,585 0 0
ZWEIG FD COM NEW 989834205 3,099 240,604 SH   SOLE   240,604 0 0
ZWEIG TOTAL RETURN FD INC COM NEW 989837208 1,071 89,336 SH   SOLE   89,336 0 0