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 6,910 1,171,169 SH   SOLE   1,171,169 0 0
ABERDEEN EMERGING MKTS SMALL COM 00301T102 3,303 237,987 SH   SOLE   237,987 0 0
ADAMS EXPRESS CO COM 006212104 24,344 1,746,371 SH   SOLE   1,746,371 0 0
ADVENT CLAY CONV SEC INC FD COM 007639107 2,266 333,668 SH   SOLE   333,668 0 0
ADVENT CLAYMORE ENH GRW & IN COM 00765E104 3,020 318,207 SH   SOLE   318,207 0 0
AFFILIATED MANAGERS GROUP COM 008252108 2,424 12,100 SH   SOLE   12,100 0 0
ALLIANCEBERNSTEIN INCOME FUN COM 01881E101 18,668 2,489,106 SH   SOLE   2,489,106 0 0
ALLIANZGI EQUITY & CONV INCO COM 018829101 16,510 830,914 SH   SOLE   830,914 0 0
ALPINE TOTAL DYNAMIC DIVID F COM SH BEN INT N 021060207 16,281 1,913,103 SH   SOLE   1,913,103 0 0
AMERICAN CAP LTD COM 02503Y103 7,531 531,855 SH   SOLE   531,855 0 0
AMERICAN CAP SR FLOATING LTD COM 02504D108 383 29,449 SH   SOLE   29,449 0 0
APOLLO TACTICAL INCOME FD IN COM 037638103 6,540 377,940 SH   SOLE   377,940 0 0
APPLE INC COM 037833100 413 4,100 SH   SOLE   4,100 0 0
APPLIED MATLS INC COM 038222105 244 11,300 SH   SOLE   11,300 0 0
ARCH COAL INC COM 039380100 35 16,690 SH   SOLE   16,690 0 0
ARES MULTI STRATEGY CR FD IN COM 04014Q108 496 23,849 SH   SOLE   23,849 0 0
AVENUE INCOME CR STRATEGIES COM 05358E106 3,423 203,749 SH   SOLE   203,749 0 0
BANCROFT FUND LTD COM 059695106 826 41,798 SH   SOLE   41,798 0 0
BARCLAYS BK PLC IPATH S&P500 VIX 06742E711 275 947 SH Put SOLE   947 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 10,829 915,426 SH   SOLE   915,426 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 42,928 3,225,278 SH   SOLE   3,225,278 0 0
BLACKROCK DEBT STRAT FD INC COM 09255R103 15,623 4,089,921 SH   SOLE   4,089,921 0 0
BLACKROCK ENHANCED EQT DIV T COM 09251A104 5,004 610,188 SH   SOLE   610,188 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 487 34,661 SH   SOLE   34,661 0 0
BLACKROCK GLOBAL OPP EQTY TR COM 092501105 13,653 967,642 SH   SOLE   967,642 0 0
BLACKROCK MULTI-SECTOR INC T COM 09258A107 19,898 1,121,632 SH   SOLE   1,121,632 0 0
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 09257P105 13,038 656,176 SH   SOLE   656,176 0 0
BLACKSTONE GSO FLTING RTE FU COM 09256U105 1,021 59,485 SH   SOLE   59,485 0 0
BLACKSTONE GSO LNG SHRT CR I COM SHS BN INT 09257D102 5,645 338,034 SH   SOLE   338,034 0 0
BLACKSTONE GSO STRATEGIC CR COM SHS BEN IN 09257R101 10,520 626,923 SH   SOLE   626,923 0 0
BOULDER GROWTH & INCOME FD I COM 101507101 6,753 763,862 SH   SOLE   763,862 0 0
BOULDER TOTAL RETURN FD INC COM 101541100 9,601 364,488 SH   SOLE   364,488 0 0
BROOKFIELD HIGH INCOME FD IN COM 11272P102 905 96,614 SH   SOLE   96,614 0 0
BROOKFIELD MTG OPP INC FD IN COM 112792106 11,076 651,920 SH   SOLE   651,920 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 3,454 412,224 SH   SOLE   412,224 0 0
CENTRAL EUR RUSS & TURK FD I COM 153436100 3,695 148,802 SH   SOLE   148,802 0 0
CENTRAL FD CDA LTD CL A 153501101 7,038 571,703 SH   SOLE   571,703 0 0
CENTRAL SECS CORP COM 155123102 1,847 80,395 SH   SOLE   80,395 0 0
CLEARBRIDGE ENERGY MLP TR FD COM 18469Q108 1,244 53,974 SH   SOLE   53,974 0 0
CLOUGH GLOBAL ALLOCATION FD COM 18913Y103 4,356 304,392 SH   SOLE   304,392 0 0
CLOUGH GLOBAL EQUITY FD COM 18914C100 7,204 502,718 SH   SOLE   502,718 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 18,512 1,551,678 SH   SOLE   1,551,678 0 0
COHEN & STEERS REIT & PFD IN COM 19247X100 5,119 293,004 SH   SOLE   293,004 0 0
CORNERSTONE PROGRESSIVE RTN COM 21925C101 9,339 2,272,225 SH   SOLE   2,272,225 0 0
DENALI FD INC COM 24823A102 716 32,999 SH   SOLE   32,999 0 0
DEUTSCHE HIGH INCOME TR SHS 25155R100 1,604 179,427 SH   SOLE   179,427 0 0
DIVERSIFIED REAL ASSET INC F COM SHS 25533B108 11,111 626,697 SH   SOLE   626,697 0 0
DREYFUS MUN BD INFRSTRCTR FD SHS 26203D101 3,369 286,215 SH   SOLE   286,215 0 0
DWS GLOBAL HIGH INCOME FD COM 23338W104 1,665 205,534 SH   SOLE   205,534 0 0
DWS HIGH INCOME OPPORT FD IN COM NEW 23339M204 7,306 499,065 SH   SOLE   499,065 0 0
EATON VANCE FLTG RATE INCOM COM SHS BEN INT 278284104 3,365 195,162 SH   SOLE   195,162 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 3,822 262,148 SH   SOLE   262,148 0 0
EATON VANCE MUN BD FD COM 27827X101 388 31,021 SH   SOLE   31,021 0 0
EATON VANCE MUN INCOME TERM SHS 27829U105 1,266 72,943 SH   SOLE   72,943 0 0
EATON VANCE SH TM DR DIVR IN COM 27828V104 4,248 289,588 SH   SOLE   289,588 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 1,524 234,076 SH   SOLE   234,076 0 0
FEDERATED ENHANC TREAS INCM COM SH BEN INT 314162108 3,345 248,309 SH   SOLE   248,309 0 0
FIRST TR HIGH INCOME L/S FD COM 33738E109 10,838 634,172 SH   SOLE   634,172 0 0
FIRST TR INTER DUR PFD & IN COM 33718W103 3,417 157,303 SH   SOLE   157,303 0 0
FIRSTHAND TECH VALUE FD INC COM 33766Y100 7,878 328,097 SH   SOLE   328,097 0 0
FORT DEARBORN INCOME SECS IN COM 347200107 300 20,700 SH   SOLE   20,700 0 0
FOSSIL GROUP INC COM 34988V106 347 3,700 SH   SOLE   3,700 0 0
FRANKLIN LTD DURATION INC TR COM 35472T101 7,558 610,498 SH   SOLE   610,498 0 0
GABELLI DIVD & INCOME TR COM 36242H104 205 9,618 SH   SOLE   9,618 0 0
GDL FUND COM SH BEN IT 361570104 3,031 287,415 SH   SOLE   287,415 0 0
GENERAL AMERN INVS INC COM 368802104 13,520 364,804 SH   SOLE   364,804 0 0
GLOBAL HIGH INCOME FUND INC COM 37933G108 3,083 319,201 SH   SOLE   319,201 0 0
GSV CAP CORP COM 36191J101 2,489 248,682 SH   SOLE   248,682 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,634 8,610 SH   SOLE   8,610 0 0
INVESCO ADVANTAGE MUNICIPAL SH BEN INT 46132E103 1,688 148,336 SH   SOLE   148,336 0 0
INVESCO CALIF VALUE MUN INC COM 46132H106 404 33,073 SH   SOLE   33,073 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 3,916 317,086 SH   SOLE   317,086 0 0
INVESCO MUN OPPORTUNITY TR COM 46132C107 19,468 1,553,740 SH   SOLE   1,553,740 0 0
INVESCO MUN TR COM 46131J103 13,487 1,074,693 SH   SOLE   1,074,693 0 0
INVESCO QUALITY MUNI INC TRS COM 46133G107 3,141 259,173 SH   SOLE   259,173 0 0
INVESCO SR INCOME TR COM 46131H107 397 83,500 SH   SOLE   83,500 0 0
INVESCO TR INVT GRADE MUNS COM 46131M106 2,227 169,884 SH   SOLE   169,884 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 208 12,700 SH   SOLE   12,700 0 0
ISHARES TR S&P 100 ETF 464287101 22,040 250,000 SH   SOLE   250,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 4,527 41,400 SH   SOLE   41,400 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 1,739 17,375 SH   SOLE   17,375 0 0
IVY HIGH INC OPPORTUNITIES F COM 465893105 8,374 484,332 SH   SOLE   484,332 0 0
LEGG MASON BW GLB INC OPP FD COM 52469B100 10,547 623,319 SH   SOLE   623,319 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 20,813 3,570,037 SH   SOLE   3,570,037 0 0
LMP REAL ESTATE INCOME FD IN COM 50208C108 3,650 325,000 SH   SOLE   325,000 0 0
MACQUARIE GLBL INFRA TOTL RE COM 55608D101 2,426 98,044 SH   SOLE   98,044 0 0
MADISON STRTG SECTOR PREM FD COM 558268108 707 57,100 SH   SOLE   57,100 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 5,788 271,028 SH   SOLE   271,028 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 8,435 952,026 SH   SOLE   952,026 0 0
MFS INTERMARKET INCOME TRUST SH BEN INT 59318R103 715 85,638 SH   SOLE   85,638 0 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 6,464 1,006,827 SH   SOLE   1,006,827 0 0
MONTGOMERY STR INCOME SECS I COM 614115103 2,091 128,139 SH   SOLE   128,139 0 0
MORGAN STANLEY EM MKTS DM DE COM 617477104 17,170 1,453,865 SH   SOLE   1,453,865 0 0
MORGAN STANLEY EMER MKTS DEB COM 61744H105 3,776 389,228 SH   SOLE   389,228 0 0
NETFLIX INC COM 64110L106 245 542 SH   SOLE   542 0 0
NEUBERGER BERMAN HGH YLD FD COM 64128C106 1,820 140,938 SH   SOLE   140,938 0 0
NEUBERGER BERMAN RE ES SEC F COM 64190A103 4,656 966,059 SH   SOLE   966,059 0 0
NEW AMER HIGH INCOME FD INC COM NEW 641876800 3,485 370,367 SH   SOLE   370,367 0 0
NEXPOINT CR STRATEGIES FD COM 65340G106 18,892 1,778,937 SH   SOLE   1,778,937 0 0
NGP CAP RES CO COM 62912R107 509 82,420 SH   SOLE   82,420 0 0
NUVEEN BUILD AMER BD FD COM 67074C103 6,571 322,279 SH   SOLE   322,279 0 0
NUVEEN BUILD AMER BD OPPTNY COM 67074Q102 4,465 210,615 SH   SOLE   210,615 0 0
NUVEEN CA DIVIDEND ADV MUN F COM 67066Y105 775 54,400 SH   SOLE   54,400 0 0
NUVEEN CAL AMT-FREE MUN INC COM 670651108 9,147 656,667 SH   SOLE   656,667 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 31,999 3,583,368 SH   SOLE   3,583,368 0 0
NUVEEN DIV ADVANTAGE MUN FD COM 67070F100 204 14,654 SH   SOLE   14,654 0 0
NUVEEN DIVER CURRENCY OPPOR COM 67090N109 14,945 1,401,963 SH   SOLE   1,401,963 0 0
NUVEEN DIVERSIFIED COMMODTY COM UT BEN INT 67074P104 1,047 75,915 SH   SOLE   75,915 0 0
NUVEEN DIVID ADV MUN FD 3 COM SH BEN INT 67070X101 3,170 231,867 SH   SOLE   231,867 0 0
NUVEEN DIVID ADVANTAGE MUN F COM 67066V101 9,833 710,458 SH   SOLE   710,458 0 0
NUVEEN DIVID ADVANTAGE MUN I COM 67071L106 5,617 398,114 SH   SOLE   398,114 0 0
NUVEEN GBL INCOME OPPORTUN F COM 67073C104 3,424 277,050 SH   SOLE   277,050 0 0
NUVEEN INT DUR QUAL MUN TRM COM 670677103 3,802 297,492 SH   SOLE   297,492 0 0
NUVEEN INTER DURATION MN TMF COM 670671106 16,826 1,349,332 SH   SOLE   1,349,332 0 0
NUVEEN LG/SHT COMMODITY TOTR COM UT BEN INT 670731108 13,620 922,792 SH   SOLE   922,792 0 0
NUVEEN MTG OPPORTUNITY TERM COM 670735109 10,500 442,094 SH   SOLE   442,094 0 0
NUVEEN MTG OPPTY TERM FD 2 COM 67074R100 3,395 145,788 SH   SOLE   145,788 0 0
NUVEEN MUN ADVANTAGE FD INC COM 67062H106 11,831 877,055 SH   SOLE   877,055 0 0
NUVEEN MUN MKT OPPORTUNITY F COM 67062W103 9,820 740,593 SH   SOLE   740,593 0 0
NUVEEN MUN OPPORTUNITY FD IN COM 670984103 7,369 517,104 SH   SOLE   517,104 0 0
NUVEEN PERFORMANCE PLUS MUN COM 67062P108 2,128 146,744 SH   SOLE   146,744 0 0
NUVEEN PFD & INCOME TERM FD COM 67075A106 1,061 46,329 SH   SOLE   46,329 0 0
NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 6,554 712,445 SH   SOLE   712,445 0 0
NUVEEN PREM INCOME MUN FD 2 COM 67063W102 20,444 1,486,800 SH   SOLE   1,486,800 0 0
NUVEEN PREM INCOME MUN FD 4 COM 6706K4105 7,247 540,821 SH   SOLE   540,821 0 0
NUVEEN PREMIER MUN INCOME FD COM 670988104 2,572 191,222 SH   SOLE   191,222 0 0
NUVEEN QUALITY INCOME MUN FD COM 670977107 664 48,480 SH   SOLE   48,480 0 0
NUVEEN QUALITY PFD INC FD 3 COM 67072W101 2,104 251,345 SH   SOLE   251,345 0 0
NUVEEN SELECT QUALITY MUN FD COM 670973106 3,229 236,207 SH   SOLE   236,207 0 0
NUVEEN SHT DUR CR OPP FD COM 67074X107 245 14,338 SH   SOLE   14,338 0 0
NUVEEN SR INCOME FD COM 67067Y104 2,002 299,201 SH   SOLE   299,201 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 243 17,100 SH   SOLE   17,100 0 0
PIMCO DYNAMIC CR INCOME FD COM SHS 72202D106 45,686 2,033,214 SH   SOLE   2,033,214 0 0
PIMCO DYNAMIC INCOME FD SHS 72201Y101 3,930 124,510 SH   SOLE   124,510 0 0
PIMCO INCOME STRATEGY FUND COM 72201H108 4,880 408,736 SH   SOLE   408,736 0 0
PIMCO INCOME STRATEGY FUND I COM 72201J104 12,546 1,191,491 SH   SOLE   1,191,491 0 0
PIMCO MUN INCOME FD II COM 72200W106 1,054 90,506 SH   SOLE   90,506 0 0
POWERSHARES ETF TRUST FTSE RAFI 1000 73935X583 21,160 240,668 SH   SOLE   240,668 0 0
POWERSHARES GLOBAL ETF TRUST EMER MRKT PORT 73936T763 9,465 467,645 SH   SOLE   467,645 0 0
PROSPECT CAPITAL CORPORATION COM 74348T102 368 37,200 SH   SOLE   37,200 0 0
PUTNAM MASTER INTER INCOME T SH BEN INT 746909100 4,290 852,839 SH   SOLE   852,839 0 0
PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 2,925 250,000 SH   SOLE   250,000 0 0
PUTNAM PREMIER INCOME TR SH BEN INT 746853100 14,451 2,637,087 SH   SOLE   2,637,087 0 0
ROYCE FOCUS TR COM 78080N108 4,986 633,579 SH   SOLE   633,579 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 635 72,902 SH   SOLE   72,902 0 0
ROYCE VALUE TR INC COM 780910105 20,780 1,433,074 SH   SOLE   1,433,074 0 0
RYDEX ETF TRUST GUG RUSS TOP 50 78355W205 13,080 94,701 SH   SOLE   94,701 0 0
SARATOGA INVT CORP COM NEW 80349A208 415 25,876 SH   SOLE   25,876 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 535 5,900 SH   SOLE   5,900 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 299 12,900 SH   SOLE   12,900 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 216 4,056 SH   SOLE   4,056 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 55,621 282,313 SH   SOLE   282,313 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 479 12,648 SH   SOLE   12,648 0 0
SPECIAL OPPORTUNITIES FD INC COM 84741T104 1,986 119,119 SH   SOLE   119,119 0 0
STONE HBR EMERG MKTS TL INC COM 86164W100 5,392 292,432 SH   SOLE   292,432 0 0
STRATEGIC GLOBAL INCOME FD COM 862719101 4,533 513,307 SH   SOLE   513,307 0 0
TEMPLETON EMERG MKTS INCOME COM 880192109 433 34,016 SH   SOLE   34,016 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 17,996 2,263,676 SH   SOLE   2,263,676 0 0
TORTOISE ENERGY INFRSTRCTR C COM 89147L100 6,925 143,966 SH   SOLE   143,966 0 0
TPG SPECIALTY LENDING INC COM 87265K102 1,738 108,530 SH   SOLE   108,530 0 0
TRI CONTL CORP COM 895436103 22,351 1,070,982 SH   SOLE   1,070,982 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 28,462 682,375 SH   SOLE   682,375 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 24,198 608,753 SH   SOLE   608,753 0 0
VIRTUS GLOBAL MULTI-SEC INC COM 92829B101 5,491 321,675 SH   SOLE   321,675 0 0
VIRTUS TOTAL RETURN FD COM 92829A103 3,454 742,801 SH   SOLE   742,801 0 0
WELLS FARGO ADVANTAGE MULTI COM SHS 94987D101 9,796 701,723 SH   SOLE   701,723 0 0
WESTERN ASSET CLYM INFL OPP COM 95766R104 6,264 540,457 SH   SOLE   540,457 0 0
WESTERN ASSET EMRG MKT DEBT COM 95766A101 2,579 150,752 SH   SOLE   150,752 0 0
WESTERN ASSET EMRG MKT INCM COM 95766E103 8,860 736,495 SH   SOLE   736,495 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 7,277 400,049 SH   SOLE   400,049 0 0
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 5,911 355,899 SH   SOLE   355,899 0 0
WESTERN ASSET MGD HI INCM FD COM 95766L107 1,495 270,312 SH   SOLE   270,312 0 0
WESTERN ASSET WORLDWIDE INCO COM 957668106 4,627 378,039 SH   SOLE   378,039 0 0
YAHOO INC COM 984332106 295 7,242 SH   SOLE   7,242 0 0
ZWEIG TOTAL RETURN FD INC COM NEW 989837208 9,905 715,174 SH   SOLE   715,174 0 0