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 10,002 1,695,208 SH   SOLE   1,695,208 0 0
ABERDEEN GTR CHINA FD INC COM 003031101 1,444 139,244 SH   SOLE   139,244 0 0
ABERDEEN INDONESIA FD INC COM 00305P106 6,571 690,238 SH   SOLE   690,238 0 0
ABERDEEN ISRAEL FUND INC COM 00301L109 6,861 394,743 SH   SOLE   394,743 0 0
ABERDEEN JAPAN EQUITY FD INC COM 00306J109 15,883 2,233,848 SH   SOLE   2,233,848 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 9,458 345,933 SH   SOLE   345,933 0 0
ABERDEEN SINGAPORE FD INC COM 003244100 9,119 733,656 SH   SOLE   733,656 0 0
ADAMS EXPRESS CO COM 006212104 11,498 824,800 SH   SOLE   824,800 0 0
ALLIANCEBERNSTEIN INCOME FUN COM 01881E101 64,069 8,542,471 SH   SOLE   8,542,471 0 0
ALLIANZGI EQUITY & CONV INCO COM 018829101 3,592 180,800 SH   SOLE   180,800 0 0
ALPINE GLOBAL DYNAMIC DIVD F COM NEW 02082E205 811 82,032 SH   SOLE   82,032 0 0
ALPINE TOTAL DYNAMIC DIVID F COM SH BEN INT N 021060207 34,679 4,075,085 SH   SOLE   4,075,085 0 0
ASIA PAC FD INC COM 044901106 2,766 245,223 SH   SOLE   245,223 0 0
ASIA TIGERS FD INC COM 04516T105 928 78,253 SH   SOLE   78,253 0 0
BANCROFT FUND LTD COM 059695106 2,243 113,522 SH   SOLE   113,522 0 0
BLACKROCK BUILD AMER BD TR SHS 09248X100 646 30,749 SH   SOLE   30,749 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 20,619 1,549,159 SH   SOLE   1,549,159 0 0
BLACKROCK ECOSOLUTIONS INVT COM SH 092546100 5,645 738,072 SH   SOLE   738,072 0 0
BLACKROCK ENHANCED EQT DIV T COM 09251A104 6,194 755,414 SH   SOLE   755,414 0 0
BLACKROCK ENHANCED GOVT FD I COM 09255K108 14,669 1,044,782 SH   SOLE   1,044,782 0 0
BLACKROCK GLOBAL OPP EQTY TR COM 092501105 31,029 2,199,114 SH   SOLE   2,199,114 0 0
BLACKROCK INCOME OPP TRUST I COM 092475102 17,166 1,656,996 SH   SOLE   1,656,996 0 0
BLACKROCK INCOME TR INC COM 09247F100 20,290 3,195,348 SH   SOLE   3,195,348 0 0
BLACKROCK INTL GRWTH & INC T COM BENE INTER 092524107 16,584 2,202,342 SH   SOLE   2,202,342 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 362 25,000 SH   SOLE   25,000 0 0
BLACKROCK MUNICIPL INC QLTY COM 092479104 3,450 249,283 SH   SOLE   249,283 0 0
BLACKROCK REAL ASSET EQUITY COM 09254B109 13,725 1,620,423 SH   SOLE   1,620,423 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 31,333 2,790,160 SH   SOLE   2,790,160 0 0
BLACKROCK UTIL & INFRASTRCTU COM 09248D104 5,609 280,308 SH   SOLE   280,308 0 0
BROOKFIELD GLOBL LISTED INFR COM SHS 11273Q109 4,520 193,983 SH   SOLE   193,983 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 4,213 502,724 SH   SOLE   502,724 0 0
CENTRAL EUR RUSS & TURK FD I COM 153436100 7,222 290,871 SH   SOLE   290,871 0 0
CENTRAL SECS CORP COM 155123102 2,921 127,132 SH   SOLE   127,132 0 0
CHINA FD INC COM 169373107 3,870 185,891 SH   SOLE   185,891 0 0
CLOUGH GLOBAL ALLOCATION FD COM 18913Y103 1,841 128,660 SH   SOLE   128,660 0 0
CLOUGH GLOBAL EQUITY FD COM 18914C100 10,523 734,345 SH   SOLE   734,345 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 8,928 748,377 SH   SOLE   748,377 0 0
COHEN & STEERS INFRASTRUCTUR COM 19248A109 20,273 875,723 SH   SOLE   875,723 0 0
CUTWATER SELECT INCOME FD COM 232229104 10,575 535,426 SH   SOLE   535,426 0 0
DEUTSCHE GLOBAL HIGH INCOME COM 25158V108 1,538 189,929 SH   SOLE   189,929 0 0
DUFF & PHELPS GLB UTL INC FD COM 26433C105 1,774 83,405 SH   SOLE   83,405 0 0
DUFF & PHELPS UTIL CORP BD T COM 26432K108 687 70,205 SH   SOLE   70,205 0 0
EATON VANCE MUN BD FD COM 27827X101 3,970 317,068 SH   SOLE   317,068 0 0
EATON VANCE RISK MNGD DIV EQ COM 27829G106 3,588 306,961 SH   SOLE   306,961 0 0
EATON VANCE TAX MNGD GBL DV COM 27829F108 517 51,502 SH   SOLE   51,502 0 0
ELLSWORTH FUND LTD COM 289074106 2,661 307,637 SH   SOLE   307,637 0 0
EUROPEAN EQUITY FUND COM 298768102 9,871 1,202,278 SH   SOLE   1,202,278 0 0
FIRST TR/ABERDEEN EMERG OPT COM 33731K102 2,230 125,363 SH   SOLE   125,363 0 0
FIRST TRUST MORTGAGE INCM FD COM SHS 33734E103 10,378 685,568 SH   SOLE   685,568 0 0
FORT DEARBORN INCOME SECS IN COM 347200107 11,228 775,939 SH   SOLE   775,939 0 0
GABELLI DIVD & INCOME TR COM 36242H104 2,446 114,839 SH   SOLE   114,839 0 0
GABELLI GLB SML & MD CP VAL COM 36249W104 152 14,820 SH   SOLE   14,820 0 0
GABELLI GLOBL UTIL & INCOME COM SH BEN INT 36242L105 211 11,000 SH   SOLE   11,000 0 0
GDL FUND COM SH BEN IT 361570104 1,664 157,752 SH   SOLE   157,752 0 0
GENERAL AMERN INVS INC COM 368802104 9,925 267,822 SH   SOLE   267,822 0 0
GUGGENHEIM EQ WEIGHT ENHANC COM SH BEN INT 40167M106 565 28,615 SH   SOLE   28,615 0 0
HANCOCK JOHN INCOME SECS TR COM 410123103 1,043 73,953 SH   SOLE   73,953 0 0
INDIA FD INC COM 454089103 2,043 75,289 SH   SOLE   75,289 0 0
INVESCO BD FD COM 46132L107 6,511 350,420 SH   SOLE   350,420 0 0
ISHARES MSCI AUST ETF 464286103 72,695 3,036,546 SH   SOLE   3,036,546 0 0
ISHARES MSCI CDA ETF 464286509 2,664 86,800 SH   SOLE   86,800 0 0
ISHARES MSCI FRANCE ETF 464286707 27,623 1,040,412 SH   SOLE   1,040,412 0 0
ISHARES MSCI GERMANY ETF 464286806 24,193 873,400 SH   SOLE   873,400 0 0
ISHARES MSCI JAPAN ETF 464286848 121,075 10,286,732 SH   SOLE   10,286,732 0 0
ISHARES TR MSCI EAFE ETF 464287465 18,454 287,800 SH   SOLE   287,800 0 0
ISHARES TR MSCI UTD KNGDM 46434V548 44,075 2,274,277 SH   SOLE   2,274,277 0 0
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 28,573 2,948,694 SH   SOLE   2,948,694 0 0
JPMORGAN CHINA REGION FD INC COM 48126T104 2,608 171,494 SH   SOLE   171,494 0 0
KOREA EQUITY FD INC COM 50063B104 3,806 460,229 SH   SOLE   460,229 0 0
KOREA FD COM NEW 500634209 20,553 495,138 SH   SOLE   495,138 0 0
LATIN AMERN DISCOVERY FD INC COM 51828C106 2,435 185,571 SH   SOLE   185,571 0 0
LAZARD GLB TTL RET&INCM FD I COM 52106W103 17,252 993,225 SH   SOLE   993,225 0 0
LEGG MASON BW GLB INC OPP FD COM 52469B100 9,244 546,314 SH   SOLE   546,314 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 9,570 1,641,431 SH   SOLE   1,641,431 0 0
MACQUARIE GLBL INFRA TOTL RE COM 55608D101 2,560 103,468 SH   SOLE   103,468 0 0
MADISON STRTG SECTOR PREM FD COM 558268108 1,087 87,707 SH   SOLE   87,707 0 0
MEXICO EQUITY & INCOME FD COM 592834105 4,679 284,079 SH   SOLE   284,079 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 5,484 618,975 SH   SOLE   618,975 0 0
MFS GOVT MKTS INCOME TR SH BEN INT 552939100 3,074 539,234 SH   SOLE   539,234 0 0
MFS INTERMARKET INCOME TRUST SH BEN INT 59318R103 6,356 761,185 SH   SOLE   761,185 0 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 6,072 945,764 SH   SOLE   945,764 0 0
MONTGOMERY STR INCOME SECS I COM 614115103 25,641 1,571,121 SH   SOLE   1,571,121 0 0
MORGAN STANLEY ASIA PAC FD I COM 61744U106 23,433 1,435,830 SH   SOLE   1,435,830 0 0
MORGAN STANLEY EASTN EUR FD COM 616988101 2,641 168,302 SH   SOLE   168,302 0 0
MORGAN STANLEY EMER MKTS DEB COM 61744H105 1,991 205,220 SH   SOLE   205,220 0 0
MORGAN STANLEY EMER MKTS FD COM 61744G107 8,471 547,608 SH   SOLE   547,608 0 0
MORGAN STANLEY TRUSTS INCOME SECS INC 61745P874 16,557 927,548 SH   SOLE   927,548 0 0
NEUBERGER BERMAN RE ES SEC F COM 64190A103 3,523 730,898 SH   SOLE   730,898 0 0
NEW GERMANY FD INC COM 644465106 25,605 1,533,232 SH   SOLE   1,533,232 0 0
NEW IRELAND FUND INC COM 645673104 4,649 366,904 SH   SOLE   366,904 0 0
NUVEEN BUILD AMER BD FD COM 67074C103 622 30,500 SH   SOLE   30,500 0 0
NUVEEN BUILD AMER BD OPPTNY COM 67074Q102 6,380 300,922 SH   SOLE   300,922 0 0
NUVEEN DIVER CURRENCY OPPOR COM 67090N109 5,122 480,509 SH   SOLE   480,509 0 0
NUVEEN GBL INCOME OPPORTUN F COM 67073C104 4,398 355,792 SH   SOLE   355,792 0 0
NUVEEN GLOBAL EQUITY INCOME COM 6706EH103 2,063 154,396 SH   SOLE   154,396 0 0
NUVEEN MULTI MKT INCOME FD I COM 67075J107 1,954 258,791 SH   SOLE   258,791 0 0
NUVEEN MUN ADVANTAGE FD INC COM 67062H106 1,843 136,632 SH   SOLE   136,632 0 0
NUVEEN MUN MKT OPPORTUNITY F COM 67062W103 1,423 107,300 SH   SOLE   107,300 0 0
NUVEEN SELECT QUALITY MUN FD COM 670973106 3,274 239,477 SH   SOLE   239,477 0 0
PETROLEUM & RES CORP COM 716549100 5,415 188,011 SH   SOLE   188,011 0 0
PUTNAM MASTER INTER INCOME T SH BEN INT 746909100 12,430 2,471,237 SH   SOLE   2,471,237 0 0
PUTNAM PREMIER INCOME TR SH BEN INT 746853100 26,909 4,910,333 SH   SOLE   4,910,333 0 0
ROYCE FOCUS TR COM 78080N108 763 96,911 SH   SOLE   96,911 0 0
ROYCE VALUE TR INC COM 780910105 1,709 117,896 SH   SOLE   117,896 0 0
SWISS HELVETIA FD INC COM 870875101 45,141 3,336,395 SH   SOLE   3,336,395 0 0
TAIWAN FD INC COM 874036106 5,078 268,974 SH   SOLE   268,974 0 0
TEMPLETON DRAGON FD INC COM 88018T101 16,391 635,796 SH   SOLE   635,796 0 0
TEMPLETON EMERGING MKTS FD I COM 880191101 5,102 287,622 SH   SOLE   287,622 0 0
TEMPLETON RUS AND EAST EUR F COM 88022F105 1,403 111,364 SH   SOLE   111,364 0 0
THAI FD INC COM 882904105 9,278 754,935 SH   SOLE   754,935 0 0
TORTOISE ENERGY INDEPENDENC COM 89148K101 1,034 41,820 SH   SOLE   41,820 0 0
TRANSAMERICA INCOME SHS INC COM 893506105 18,891 926,487 SH   SOLE   926,487 0 0
TRI CONTL CORP COM 895436103 14,486 694,114 SH   SOLE   694,114 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 76,916 1,392,900 SH   SOLE   1,392,900 0 0
VIRTUS GLOBAL MULTI-SEC INC COM 92829B101 3,688 216,056 SH   SOLE   216,056 0 0
VOYA EMERGING MKTS HIGH DIVI COM 92912P108 583 49,367 SH   SOLE   49,367 0 0
WELLS FARGO ADV GLB DIV OPP COM 94987C103 478 59,606 SH   SOLE   59,606 0 0
WELLS FARGO ADVANTAGE MULTI COM SHS 94987D101 1,974 141,425 SH   SOLE   141,425 0 0
WESTERN ASSET CLYM INFL OPP COM 95766R104 43,950 3,792,054 SH   SOLE   3,792,054 0 0
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 20,021 1,734,893 SH   SOLE   1,734,893 0 0
WESTERN ASSET EMRG MKT INCM COM 95766E103 1,626 135,164 SH   SOLE   135,164 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 14,797 813,488 SH   SOLE   813,488 0 0
WESTERN ASSET INCOME FD COM 95766T100 13,119 979,745 SH   SOLE   979,745 0 0
WESTERN ASSET INVT GRADE DEF COM 95790A101 757 37,335 SH   SOLE   37,335 0 0
ZWEIG FD COM NEW 989834205 4,519 297,699 SH   SOLE   297,699 0 0
ZWEIG TOTAL RETURN FD INC COM NEW 989837208 1,662 119,995 SH   SOLE   119,995 0 0