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 16,923 3,305,310 SH   SOLE   3,305,310 0 0
ABERDEEN AUSTRALIA EQTY FD I COM 003011103 7,554 1,295,684 SH   SOLE   1,295,684 0 0
ABERDEEN CHILE FD INC COM 00301W105 2,762 440,502 SH   SOLE   440,502 0 0
ABERDEEN EMERGING MKTS SMALL COM 00301T102 1,677 132,705 SH   SOLE   132,705 0 0
ABERDEEN GTR CHINA FD INC COM 003031101 2,002 220,238 SH   SOLE   220,238 0 0
ABERDEEN INDONESIA FD INC COM 00305P106 5,063 764,870 SH   SOLE   764,870 0 0
ABERDEEN ISRAEL FUND INC COM 00301L109 7,247 438,941 SH   SOLE   438,941 0 0
ABERDEEN JAPAN EQUITY FD INC COM 00306J109 20,666 2,514,092 SH   SOLE   2,514,092 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 8,837 415,861 SH   SOLE   415,861 0 0
ABERDEEN SINGAPORE FD INC COM 003244100 12,936 1,380,607 SH   SOLE   1,380,607 0 0
ADAM NAT RES FD INC COM 00548F105 1,051 52,715 SH   SOLE   52,715 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 8,870 674,545 SH   SOLE   674,545 0 0
ADVENT CLAY CONV SEC INC FD COM 007639107 783 135,990 SH   SOLE   135,990 0 0
ALLIANZGI EQUITY & CONV INCO COM 018829101 1,072 57,278 SH   SOLE   57,278 0 0
ALPINE GLOBAL DYNAMIC DIVD F COM NEW 02082E205 1,723 198,076 SH   SOLE   198,076 0 0
ALPINE GLOBAL PREMIER PPTYS COM SBI 02083A103 14,195 2,557,721 SH   SOLE   2,557,721 0 0
ALPINE TOTAL DYNAMIC DIVID F COM SH BEN INT N 021060207 67,523 8,849,719 SH   SOLE   8,849,719 0 0
ASIA PAC FD INC COM 044901106 3,847 363,947 SH   SOLE   363,947 0 0
ASIA TIGERS FD INC COM 04516T105 1,964 195,392 SH   SOLE   195,392 0 0
BLACKROCK CORE BD TR SHS BEN INT 09249E101 6,585 463,434 SH   SOLE   463,434 0 0
BLACKROCK ENHANCED EQT DIV T COM 09251A104 4,358 552,387 SH   SOLE   552,387 0 0
BLACKROCK ENHANCED GOVT FD I COM 09255K108 10,171 738,635 SH   SOLE   738,635 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 531 39,243 SH   SOLE   39,243 0 0
BLACKROCK GLOBAL OPP EQTY TR COM 092501105 50,379 4,112,566 SH   SOLE   4,112,566 0 0
BLACKROCK INCOME TR INC COM 09247F100 11,925 1,840,300 SH   SOLE   1,840,300 0 0
BLACKROCK INTL GRWTH & INC T COM BENE INTER 092524107 13,625 2,297,682 SH   SOLE   2,297,682 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 50,848 6,238,982 SH   SOLE   6,238,982 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 20,406 2,429,232 SH   SOLE   2,429,232 0 0
CENTRAL EUR RUSS & TURK FD I COM 153436100 5,580 290,626 SH   SOLE   290,626 0 0
CENTRAL SECS CORP COM 155123102 3,527 166,050 SH   SOLE   166,050 0 0
CHINA FD INC COM 169373107 6,251 380,254 SH   SOLE   380,254 0 0
CLOUGH GLOBAL DIVND AND INC COM 18913Y103 1,291 106,464 SH   SOLE   106,464 0 0
CLOUGH GLOBAL EQUITY FD COM 18914C100 7,717 678,123 SH   SOLE   678,123 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 12,552 1,298,015 SH   SOLE   1,298,015 0 0
COHEN & STEERS INFRASTRUCTUR COM 19248A109 33,537 1,556,973 SH   SOLE   1,556,973 0 0
DELAWARE ENHANCED GBL DIV & COM 246060107 1,644 162,450 SH   SOLE   162,450 0 0
DUFF & PHELPS GLB UTL INC FD COM 26433C105 816 47,784 SH   SOLE   47,784 0 0
DUFF & PHELPS UTIL CORP BD T COM 26432K108 7,955 814,224 SH   SOLE   814,224 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 10,835 790,328 SH   SOLE   790,328 0 0
EATON VANCE MUN BD FD COM 27827X101 10,960 804,664 SH   SOLE   804,664 0 0
EATON VANCE SH TM DR DIVR IN COM 27828V104 3,389 247,164 SH   SOLE   247,164 0 0
EUROPEAN EQUITY FUND COM 298768102 11,011 1,393,787 SH   SOLE   1,393,787 0 0
FIRST TR ABERDEEN GLBL OPP F COM SHS 337319107 2,805 238,090 SH   SOLE   238,090 0 0
FIRST TR DIVIDEND INCOME FD COM 33731L100 605 66,458 SH   SOLE   66,458 0 0
FIRST TR DYNAMIC EUROPE EQT COM SHS 33740D107 24,754 1,574,708 SH   SOLE   1,574,708 0 0
FIRST TR/ABERDEEN EMERG OPT COM 33731K102 5,452 360,107 SH   SOLE   360,107 0 0
FIRST TRUST MORTGAGE INCM FD COM SHS 33734E103 8,137 562,785 SH   SOLE   562,785 0 0
FRANKLIN LTD DURATION INC TR COM 35472T101 7,488 619,355 SH   SOLE   619,355 0 0
GABELLI GLB SML & MD CP VAL COM 36249W104 345 31,877 SH   SOLE   31,877 0 0
GABELLI GLOBL UTIL & INCOME COM SH BEN INT 36242L105 1,314 71,821 SH   SOLE   71,821 0 0
GDL FUND COM SH BEN IT 361570104 858 86,278 SH   SOLE   86,278 0 0
GENERAL AMERN INVS INC COM 368802104 7,434 227,678 SH   SOLE   227,678 0 0
HANCOCK JOHN INCOME SECS TR COM 410123103 6,721 452,583 SH   SOLE   452,583 0 0
INVESCO SR INCOME TR COM 46131H107 2,274 525,232 SH   SOLE   525,232 0 0
ISHARES MSCI AUST ETF 464286103 62,177 2,974,957 SH   SOLE   2,974,957 0 0
ISHARES MSCI EURZONE ETF 464286608 46,766 1,355,930 SH   SOLE   1,355,930 0 0
ISHARES MSCI FRANCE ETF 464286707 10,722 443,812 SH   SOLE   443,812 0 0
ISHARES MSCI SZ CAP ETF 464286749 18,380 601,651 SH   SOLE   601,651 0 0
ISHARES MSCI GERMANY ETF 464286806 53,611 2,040,783 SH   SOLE   2,040,783 0 0
ISHARES MSCI JAPAN ETF 464286848 114,918 9,164,119 SH   SOLE   9,164,119 0 0
ISHARES TR CORE US AGGBD ET 464287226 126,307 1,123,530 SH   SOLE   1,123,530 0 0
ISHARES TR 7-10 Y TR BD ETF 464287440 62,445 558,140 SH   SOLE   558,140 0 0
ISHARES TR MSCI EAFE ETF 464287465 284 4,800 SH   SOLE   4,800 0 0
ISHARES TR CORE US TR BD 46429B267 3,737 143,300 SH   SOLE   143,300 0 0
ISHARES TR MSCI UTD KNGDM 46434V548 428 26,990 SH   SOLE   26,990 0 0
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 45,383 4,301,690 SH   SOLE   4,301,690 0 0
JPMORGAN CHINA REGION FD INC COM 48126T104 4,769 276,764 SH   SOLE   276,764 0 0
KOREA EQUITY FD INC COM 50063B104 5,828 680,253 SH   SOLE   680,253 0 0
KOREA FD COM NEW 500634209 18,522 514,504 SH   SOLE   514,504 0 0
LATIN AMERN DISCOVERY FD INC COM 51828C106 1,785 177,255 SH   SOLE   177,255 0 0
LAZARD GLB TTL RET&INCM FD I COM 52106W103 14,072 1,007,280 SH   SOLE   1,007,280 0 0
LEGG MASON BW GLB INC OPP FD COM 52469B100 7,344 540,807 SH   SOLE   540,807 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 8,781 1,695,210 SH   SOLE   1,695,210 0 0
LIBERTY ALL-STAR GROWTH FD I COM 529900102 801 185,821 SH   SOLE   185,821 0 0
LMP CAP & INCOME FD INC COM 50208A102 1,992 146,121 SH   SOLE   146,121 0 0
MACQUARIE GLBL INFRA TOTL RE COM 55608D101 13,659 626,551 SH   SOLE   626,551 0 0
MADISON STRTG SECTOR PREM FD COM 558268108 948 80,719 SH   SOLE   80,719 0 0
MEXICO EQUITY & INCOME FD COM 592834105 3,572 345,102 SH   SOLE   345,102 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 11,999 1,388,822 SH   SOLE   1,388,822 0 0
MFS INTER INCOME TR SH BEN INT 55273C107 3,839 847,466 SH   SOLE   847,466 0 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 15,250 2,504,101 SH   SOLE   2,504,101 0 0
MORGAN STANLEY ASIA PAC FD I COM 61744U106 19,253 1,276,218 SH   SOLE   1,276,218 0 0
MORGAN STANLEY CHINA A SH FD COM 617468103 8,115 433,951 SH   SOLE   433,951 0 0
MORGAN STANLEY EMER MKTS DEB COM 61744H105 2,331 241,582 SH   SOLE   241,582 0 0
MORGAN STANLEY EMER MKTS FD COM 61744G107 9,355 642,953 SH   SOLE   642,953 0 0
MORGAN STANLEY TRUSTS INCOME SECS INC 61745P874 15,626 825,923 SH   SOLE   825,923 0 0
NEUBERGER BERMAN RE ES SEC F COM 64190A103 2,938 516,355 SH   SOLE   516,355 0 0
NEW GERMANY FD INC COM 644465106 16,059 1,119,082 SH   SOLE   1,119,082 0 0
NEW IRELAND FUND INC COM 645673104 5,688 464,741 SH   SOLE   464,741 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 8,139 557,458 SH   SOLE   557,458 0 0
NUVEEN DOW 30 DYN OVERWRITE SHS 67075F105 1,584 109,838 SH   SOLE   109,838 0 0
NUVEEN GLOBAL EQUITY INCOME COM 6706EH103 2,074 173,669 SH   SOLE   173,669 0 0
NUVEEN GLOBAL HIGH INCOME FD SHS 67075G103 4,550 289,787 SH   SOLE   289,787 0 0
NUVEEN MULTI MKT INCOME FD COM 67075J107 5,902 786,717 SH   SOLE   786,717 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 17,426 1,156,324 SH   SOLE   1,156,324 0 0
PUTNAM MASTER INTER INCOME T SH BEN INT 746909100 6,935 1,569,047 SH   SOLE   1,569,047 0 0
PUTNAM PREMIER INCOME TR SH BEN INT 746853100 24,807 5,073,062 SH   SOLE   5,073,062 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 2,335 287,403 SH   SOLE   287,403 0 0
ROYCE MICRO-CAP TR INC COM 780915104 618 79,156 SH   SOLE   79,156 0 0
ROYCE VALUE TR INC COM 780910105 2,807 221,734 SH   SOLE   221,734 0 0
SPROTT FOCUS TR INC COM 85208J109 2,907 421,259 SH   SOLE   421,259 0 0
SWISS HELVETIA FD INC COM 870875101 40,877 3,823,873 SH   SOLE   3,823,873 0 0
TAIWAN FD INC COM 874036106 5,973 345,072 SH   SOLE   345,072 0 0
TEMPLETON DRAGON FD INC COM 88018T101 11,962 678,519 SH   SOLE   678,519 0 0
TEMPLETON EMERGING MKTS FD I COM 880191101 16,833 1,332,811 SH   SOLE   1,332,811 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 4,349 696,991 SH   SOLE   696,991 0 0
THAI FD INC COM 882904105 6,364 777,936 SH   SOLE   777,936 0 0
TRI CONTL CORP COM 895436103 9,816 459,098 SH   SOLE   459,098 0 0
VIRTUS GLOBAL DIVID INCOME F COM 92835W107 460 38,209 SH   SOLE   38,209 0 0
VOYA ASIA PAC DIVID EQUITY I COM 92912J102 1,721 174,909 SH   SOLE   174,909 0 0
VOYA EMERGING MKTS HIGH DIVI COM 92912P108 20,079 2,451,630 SH   SOLE   2,451,630 0 0
WELLS FARGO GLOBAL DIVIDEND WF GLOBAL OPPTY 94987C103 4,965 854,644 SH   SOLE   854,644 0 0
WESTERN ASSET CLYM INFL OPP COM 95766R104 39,522 3,531,887 SH   SOLE   3,531,887 0 0
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 22,352 1,952,140 SH   SOLE   1,952,140 0 0
WESTERN ASSET EMRG MKT INCM COM 95766E103 6,841 594,344 SH   SOLE   594,344 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 13,388 756,787 SH   SOLE   756,787 0 0
ZWEIG FD COM NEW 989834205 1,885 145,591 SH   SOLE   145,591 0 0