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 14,670 2,726,824 SH   SOLE   2,726,824 0 0
APOLLO SR FLOATING RATE FD I COM 037636107 303 16,962 SH   SOLE   16,962 0 0
APOLLO TACTICAL INCOME FD IN COM 037638103 4,074 249,779 SH   SOLE   249,779 0 0
AVERY DENNISON CORP COM 053611109 1,192 22,535 SH   SOLE   22,535 0 0
BARRICK GOLD CORP COM 067901108 5,639 514,513 SH   SOLE   514,513 0 0
BLACKROCK CORE BD TR SHS BEN INT 09249E101 6,352 459,599 SH   SOLE   459,599 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 68,456 6,134,042 SH   SOLE   6,134,042 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 24,938 1,852,719 SH   SOLE   1,852,719 0 0
BLACKROCK DEBT STRAT FD INC COM 09255R103 49,863 13,368,189 SH   SOLE   13,368,189 0 0
BLACKROCK INCOME TR INC COM 09247F100 146 22,693 SH   SOLE   22,693 0 0
BLACKROCK LTD DURATION INC T COM SHS 09249W101 1,531 96,974 SH   SOLE   96,974 0 0
BLACKROCK MULTI-SECTOR INC T COM 09258A107 24,863 1,423,156 SH   SOLE   1,423,156 0 0
BLACKSTONE GSO LNG SHRT CR I COM SHS BN INT 09257D102 8,185 507,122 SH   SOLE   507,122 0 0
BLACKSTONE GSO STRATEGIC CR COM SHS BEN IN 09257R101 23,978 1,481,975 SH   SOLE   1,481,975 0 0
BROOKFIELD MTG OPP INC FD IN COM 112792106 5,907 358,656 SH   SOLE   358,656 0 0
CIT GROUP INC COM NEW 125581801 1,266 28,066 SH   SOLE   28,066 0 0
CLAYMORE EXCHANGE TRD FD TR GUG BLT2016 HY 18383M415 389 14,750 SH   SOLE   14,750 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG CRP BD 2017 18383M548 383 16,767 SH   SOLE   16,767 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG CRP BD 2015 18383M563 213 9,843 SH   SOLE   9,843 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG BULL 2015 18383M423 688 26,335 SH   SOLE   26,335 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 338 27,143 SH   SOLE   27,143 0 0
COMMUNITY HEALTH SYS INC NEW RIGHT 01/27/2016 203668116 17 795,108 SH   SOLE   795,108 0 0
CONSOL ENERGY INC COM 20854P109 13,560 486,200 SH Put SOLE   486,200 0 0
CONSOL ENERGY INC COM 20854P109 4,331 155,300 SH   SOLE   155,300 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 1,899 591,504 SH   SOLE   591,504 0 0
DELAWARE ENHANCED GBL DIV & COM 246060107 178 15,555 SH   SOLE   15,555 0 0
DELAWARE INVTS DIV & INCOME COM 245915103 1,969 195,697 SH   SOLE   195,697 0 0
DEUTSCHE HIGH INCOME OPPORT COM 25158Y102 15,009 1,045,218 SH   SOLE   1,045,218 0 0
DEUTSCHE HIGH INCOME TR SHS 25155R100 12,940 1,457,187 SH   SOLE   1,457,187 0 0
DEUTSCHE MULTI-MKT INCOME TR SHS 25160E102 7,606 899,008 SH   SOLE   899,008 0 0
DEUTSCHE STRATEGIC INCOME TR SHS 25160F109 3,279 279,057 SH   SOLE   279,057 0 0
DYNEGY INC NEW DEL *W EXP 10/02/201 26817R116 3,642 863,094 SH   SOLE   863,094 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 437 30,335 SH   SOLE   30,335 0 0
EATON VANCE SH TM DR DIVR IN COM 27828V104 1,621 111,848 SH   SOLE   111,848 0 0
EMCOR GROUP INC COM 29084Q100 1,543 33,199 SH   SOLE   33,199 0 0
ENBRIDGE INC COM 29250N105 50,925 1,050,000 SH Put SOLE   1,050,000 0 0
FIRST TR HIGH INCOME L/S FD COM 33738E109 5,700 347,978 SH   SOLE   347,978 0 0
FIRST TRUST MORTGAGE INCM FD COM SHS 33734E103 524 35,284 SH   SOLE   35,284 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 959 8,748 SH   SOLE   8,748 0 0
FRANKLIN LTD DURATION INC TR COM 35472T101 13,530 1,111,738 SH   SOLE   1,111,738 0 0
FRANKLIN UNVL TR SH BEN INT 355145103 946 130,895 SH   SOLE   130,895 0 0
FREEPORT-MCMORAN INC CL B 35671D857 10,423 550,000 SH Put SOLE   550,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857 190 10,000 SH   SOLE   10,000 0 0
GENWORTH FINL INC COM CL A 37247D106 2,180 298,278 SH   SOLE   298,278 0 0
GLOBAL HIGH INCOME FUND INC COM 37933G108 16,483 1,883,734 SH   SOLE   1,883,734 0 0
GRACE W R & CO DEL NEW COM 38388F108 1,702 17,210 SH   SOLE   17,210 0 0
GREIF INC CL A 397624107 1,473 37,516 SH   SOLE   37,516 0 0
HANCOCK JOHN INCOME SECS TR COM 410123103 217 15,184 SH   SOLE   15,184 0 0
HANCOCK JOHN PREMUIM DIV FD COM SH BEN INT 41013T105 4,709 338,766 SH   SOLE   338,766 0 0
HCP INC COM 40414L109 5,237 121,192 SH   SOLE   121,192 0 0
INVESCO BD FD COM 46132L107 910 48,640 SH   SOLE   48,640 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 3,484 291,086 SH   SOLE   291,086 0 0
INVESCO HIGH INCOME TR II COM 46131F101 1,650 109,103 SH   SOLE   109,103 0 0
INVESCO SR INCOME TR COM 46131H107 210 44,392 SH   SOLE   44,392 0 0
ISHARES 1-3 YR CR BD ETF 464288646 878 8,320 SH   SOLE   8,320 0 0
ISHARES INTERM CR BD ETF 464288638 248 2,239 SH   SOLE   2,239 0 0
ISHARES IBOXX HI YD ETF 464288513 722 7,971 SH   SOLE   7,971 0 0
ISHARES TR IBOXX INV CP ETF 464287242 850 6,983 SH   SOLE   6,983 0 0
ISHARES TR A RATE CP BD ETF 46429B291 3,074 58,478 SH   SOLE   58,478 0 0
ISHARES TR CORE US AGGBD ET 464287226 48,221 432,751 SH   SOLE   432,751 0 0
ITRON INC COM 465741106 1,652 45,260 SH   SOLE   45,260 0 0
KB HOME COM 48666K109 346 22,123 SH   SOLE   22,123 0 0
KBR INC COM 48242W106 1,557 107,519 SH   SOLE   107,519 0 0
KLX INC COM 482539103 702 18,204 SH   SOLE   18,204 0 0
LEGG MASON BW GLB INC OPP FD COM 52469B100 7,209 452,533 SH   SOLE   452,533 0 0
LIFEPOINT HOSPITALS INC COM 53219L109 1,623 22,099 SH   SOLE   22,099 0 0
LMP CAP & INCOME FD INC COM 50208A102 313 18,712 SH   SOLE   18,712 0 0
LMP CORPORATE LN FD INC COM 50208B100 180 16,127 SH   SOLE   16,127 0 0
MACK CALI RLTY CORP COM 554489104 5,636 292,320 SH   SOLE   292,320 0 0
MACYS INC COM 55616P104 961 14,807 SH   SOLE   14,807 0 0
MANAGED HIGH YIELD PLUS FD I COM 561911108 10,716 5,581,157 SH   SOLE   5,581,157 0 0
MASCO CORP COM 574599106 1,132 42,391 SH   SOLE   42,391 0 0
MATRIX SVC CO COM 576853105 1,310 74,621 SH   SOLE   74,621 0 0
MBIA INC COM 55262C100 6,764 727,300 SH Put SOLE   727,300 0 0
MBIA INC COM 55262C100 446 48,000 SH   SOLE   48,000 0 0
MERITOR INC COM 59001K100 1,008 79,947 SH   SOLE   79,947 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 10,102 1,148,001 SH   SOLE   1,148,001 0 0
MFS INTERMEDIATE HIGH INC FD SH BEN INT 59318T109 4,116 1,496,848 SH   SOLE   1,496,848 0 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 8,692 1,368,775 SH   SOLE   1,368,775 0 0
MILLER HERMAN INC COM 600544100 1,013 36,506 SH   SOLE   36,506 0 0
MORGAN STANLEY EM MKTS DM DE COM 617477104 24,435 2,638,762 SH   SOLE   2,638,762 0 0
MORGAN STANLEY EMER MKTS DEB COM 61744H105 383 41,361 SH   SOLE   41,361 0 0
MORGAN STANLEY TRUSTS INCOME SECS INC 61745P874 207 11,500 SH   SOLE   11,500 0 0
NEUBERGER BERMAN HGH YLD FD COM 64128C106 10,524 852,869 SH   SOLE   852,869 0 0
NEW AMER HIGH INCOME FD INC COM NEW 641876800 636 70,278 SH   SOLE   70,278 0 0
NEXPOINT CR STRATEGIES FD COM 65340G106 139 11,441 SH   SOLE   11,441 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 307 33,974 SH   SOLE   33,974 0 0
NUVEEN DIVERSIFIED DIV INCM COM 6706EP105 192 15,767 SH   SOLE   15,767 0 0
NUVEEN MTG OPPORTUNITY TERM COM 670735109 16,976 728,895 SH   SOLE   728,895 0 0
NUVEEN MULTI MKT INCOME FD COM 67075J107 405 53,651 SH   SOLE   53,651 0 0
NUVEEN QUALITY PFD INC FD 3 COM 67072W101 4,817 556,276 SH   SOLE   556,276 0 0
NUVEEN QUALITY PFD INCOME FD COM 67071S101 879 102,930 SH   SOLE   102,930 0 0
OI S.A. SPN ADR PFD NEW 670851401 2,493 1,618,698 SH   SOLE   1,618,698 0 0
PENNEY J C INC COM 708160106 12,785 1,520,200 SH Put SOLE   1,520,200 0 0
PIMCO DYNAMIC CR INCOME FD COM SHS 72202D106 23,357 1,143,816 SH   SOLE   1,143,816 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 1,310 12,902 SH   SOLE   12,902 0 0
PUTMAN HIGH INCOME SEC FUND SHS BEN INT 746779107 4,032 494,721 SH   SOLE   494,721 0 0
PUTNAM MASTER INTER INCOME T SH BEN INT 746909100 3,287 670,890 SH   SOLE   670,890 0 0
PUTNAM PREMIER INCOME TR SH BEN INT 746853100 23,797 4,515,630 SH   SOLE   4,515,630 0 0
ROADRUNNER TRNSN SVCS HLDG I COM 76973Q105 1,750 69,261 SH   SOLE   69,261 0 0
ROWAN COMPANIES PLC SHS CL A 00B6SLMV1 1,652 93,304 SH   SOLE   93,304 0 0
SEARS HLDGS CORP COM 812350106 9,054 218,800 SH Put SOLE   218,800 0 0
SKYWEST INC COM 830879102 1,158 79,287 SH   SOLE   79,287 0 0
SPDR SER TR SHT TRM HGH YLD 78468R408 3,965 135,779 SH   SOLE   135,779 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 1,055 26,906 SH   SOLE   26,906 0 0
SPX CORP COM 784635104 1,487 17,519 SH   SOLE   17,519 0 0
STRATEGIC GLOBAL INCOME FD COM 862719101 1,977 234,520 SH   SOLE   234,520 0 0
TALISMAN ENERGY INC COM 87425E103 11,276 1,468,244 SH   SOLE   1,468,244 0 0
TETRA TECH INC NEW COM 88162G103 1,772 73,783 SH   SOLE   73,783 0 0
Transocean LTD REG SHS H8817H950 40,411 2,754,700 SH Put SOLE   2,754,700 0 0
TRINSEO S A SHS 105778848 1,884 95,153 SH   SOLE   95,153 0 0
UNIFIRST CORP MASS COM 904708104 1,774 15,075 SH   SOLE   15,075 0 0
UNITED STATES STL CORP NEW COM 912909108 13,535 554,700 SH Put SOLE   554,700 0 0
UNITED STATES STL CORP NEW COM 912909108 2,952 121,000 SH   SOLE   121,000 0 0
VANGUARD BD INDEX FD INC LONG TERM BOND 921937793 2,356 24,466 SH   SOLE   24,466 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 30,328 363,772 SH   SOLE   363,772 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 525 5,580 SH   SOLE   5,580 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 687 8,571 SH   SOLE   8,571 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 321 3,665 SH   SOLE   3,665 0 0
VIRTUS GLOBAL MULTI-SEC INC COM 92829B101 266 15,932 SH   SOLE   15,932 0 0
WELLS FARGO ADVANTAGE INCOME COM SHS 94987B105 22,594 2,567,465 SH   SOLE   2,567,465 0 0
WELLS FARGO ADVANTAGE MULTI COM SHS 94987D101 19,073 1,428,698 SH   SOLE   1,428,698 0 0
WESTERN ASSET EMRG MKT DEBT COM 95766A101 10,334 656,142 SH   SOLE   656,142 0 0
WESTERN ASSET EMRG MKT INCM COM 95766E103 15,665 1,409,950 SH   SOLE   1,409,950 0 0
WESTERN ASSET GLB PTNRS INCO COM 95766G108 4,615 482,246 SH   SOLE   482,246 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 12,449 703,708 SH   SOLE   703,708 0 0
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 21,575 1,319,575 SH   SOLE   1,319,575 0 0
WESTERN ASSET HIGH INCM OPP COM 95766K109 12,345 2,320,559 SH   SOLE   2,320,559 0 0
WESTERN ASSET INCOME FD COM 95766T100 289 20,898 SH   SOLE   20,898 0 0
WESTERN ASSET MGD HI INCM FD COM 95766L107 20,247 3,916,198 SH   SOLE   3,916,198 0 0
WESTERN ASSET WORLDWIDE INCO COM 957668106 3,309 291,794 SH   SOLE   291,794 0 0
WORTHINGTON INDS INC COM 981811102 1,668 62,673 SH   SOLE   62,673 0 0