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 9,797 1,913,505 SH   SOLE   1,913,505 0 0
ABERDEEN EMERGING MKTS SMALL COM 00301T102 3,395 268,587 SH   SOLE   268,587 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 22,879 1,739,841 SH   SOLE   1,739,841 0 0
ADVENT CLAY CONV SEC INC FD COM 007639107 11,047 1,917,816 SH   SOLE   1,917,816 0 0
ADVENT CLAYMORE CV SECS & IN COM 00764C109 15,918 1,091,736 SH   SOLE   1,091,736 0 0
ADVENT CLAYMORE ENH GRW & IN COM 00765E104 5,673 679,452 SH   SOLE   679,452 0 0
ALLIANZGI DIVERS INC & CNV F COM 01883J108 6,943 364,829 SH   SOLE   364,829 0 0
ALLIANZGI EQUITY & CONV INCO COM 018829101 9,408 502,577 SH   SOLE   502,577 0 0
ALPINE GLOBAL DYNAMIC DIVD F COM NEW 02082E205 1,464 168,274 SH   SOLE   168,274 0 0
ALPINE GLOBAL PREMIER PPTYS COM SBI 02083A103 4,242 764,371 SH   SOLE   764,371 0 0
ALPINE TOTAL DYNAMIC DIVID F COM SH BEN INT N 021060207 17,448 2,286,797 SH   SOLE   2,286,797 0 0
AMERICAN CAP LTD COM 02503Y103 59,096 3,494,752 SH   SOLE   3,494,752 0 0
AMERICAN CAP SR FLOATING LTD COM 02504D108 2,162 196,020 SH   SOLE   196,020 0 0
APOLLO SR FLOATING RATE FD I COM 037636107 2,190 129,350 SH   SOLE   129,350 0 0
APOLLO TACTICAL INCOME FD IN COM 037638103 6,315 408,448 SH   SOLE   408,448 0 0
ARES DYNAMIC CR ALLOCATION F COM 04014F102 15,442 1,039,897 SH   SOLE   1,039,897 0 0
AVENUE INCOME CR STRATEGIES COM 05358E106 4,806 370,560 SH   SOLE   370,560 0 0
BARINGS GLOBAL SHORT DURATIO COM 06760L100 4,732 254,019 SH   SOLE   254,019 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 15,923 1,471,606 SH   SOLE   1,471,606 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 39,094 2,928,413 SH   SOLE   2,928,413 0 0
BLACKROCK DEBT STRAT FD INC COM 09255R103 23,976 6,568,680 SH   SOLE   6,568,680 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 4,612 332,786 SH   SOLE   332,786 0 0
BLACKROCK GLOBAL OPP EQTY TR COM 092501105 11,353 926,778 SH   SOLE   926,778 0 0
BLACKROCK LTD DURATION INC T COM SHS 09249W101 3,207 206,664 SH   SOLE   206,664 0 0
BLACKROCK MULTI-SECTOR INC T COM 09258A107 21,168 1,240,071 SH   SOLE   1,240,071 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 235 28,792 SH   SOLE   28,792 0 0
BLACKSTONE GSO LNG SHRT CR I COM SHS BN INT 09257D102 7,582 487,881 SH   SOLE   487,881 0 0
BLACKSTONE GSO STRATEGIC CR COM SHS BEN IN 09257R101 20,508 1,374,529 SH   SOLE   1,374,529 0 0
BOULDER GROWTH & INCOME FD I COM 101507101 26,664 3,181,815 SH   SOLE   3,181,815 0 0
BROOKFIELD GLOBL LISTED INFR COM SHS 11273Q109 1,471 107,219 SH   SOLE   107,219 0 0
BROOKFIELD HIGH INCOME FD IN COM 11272P102 3,960 540,922 SH   SOLE   540,922 0 0
BROOKFIELD MTG OPP INC FD IN COM 112792106 13,425 894,979 SH   SOLE   894,979 0 0
CALAMOS CONV OPP AND INC FD SH BEN INT 128117108 1,011 97,884 SH   SOLE   97,884 0 0
CALAMOS GBL DYN INCOME FUND COM 12811L107 1,768 235,380 SH   SOLE   235,380 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 4,411 525,117 SH   SOLE   525,117 0 0
CENTRAL FD CDA LTD CL A 153501101 10,199 737,465 SH   SOLE   737,465 0 0
CLEARBRIDGE AMERN ENERG MLP COM 184691103 2,471 275,806 SH   SOLE   275,806 0 0
CLEARBRIDGE ENERGY MLP TR FD COM 18469Q108 1,774 135,743 SH   SOLE   135,743 0 0
CLOUGH GLOBAL DIVND AND INC COM 18913Y103 5,316 438,245 SH   SOLE   438,245 0 0
CLOUGH GLOBAL EQUITY FD COM 18914C100 23,178 2,036,719 SH   SOLE   2,036,719 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 48,371 5,002,138 SH   SOLE   5,002,138 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 4,813 1,532,763 SH   SOLE   1,532,763 0 0
CROSSROADS CAP INC COM 227656105 1,060 585,842 SH   SOLE   585,842 0 0
DEUTSCHE GLOBAL HIGH INCOME COM 25158V108 1,540 182,913 SH   SOLE   182,913 0 0
DEUTSCHE HIGH INCOME OPPORT COM 25158Y102 6,983 493,475 SH   SOLE   493,475 0 0
DEUTSCHE HIGH INCOME TR SHS 25155R100 4,365 473,923 SH   SOLE   473,923 0 0
DEUTSCHE MULTI-MKT INCOME TR SHS 25160E102 6,470 756,755 SH   SOLE   756,755 0 0
DEUTSCHE STRATEGIC INCOME TR SHS 25160F109 988 81,529 SH   SOLE   81,529 0 0
EASTERLY ACQUISITION CORP COM 27616L102 726 73,058 SH   SOLE   73,058 0 0
EATON VANCE FLTG RATE INCOM COM SHS BEN INT 278284104 889 56,844 SH   SOLE   56,844 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 30,875 2,251,972 SH   SOLE   2,251,972 0 0
EATON VANCE SH TM DR DIVR IN COM 27828V104 9,620 701,694 SH   SOLE   701,694 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 5,559 863,252 SH   SOLE   863,252 0 0
FIFTH STR ASSET MGMT INC CL A COM 31679P109 4,037 732,666 SH   SOLE   732,666 0 0
FIFTH STR SR FLOATNG RATE CO COM 31679F101 507 59,251 SH   SOLE   59,251 0 0
FIRST TR ABERDEEN GLBL OPP F COM SHS 337319107 5,518 468,449 SH   SOLE   468,449 0 0
FIRST TR HIGH INCOME L/S FD COM 33738E109 15,911 1,020,568 SH   SOLE   1,020,568 0 0
FIRST TR STRATEGIC HIGH INC COM SHS NEW 337353304 3,007 243,641 SH   SOLE   243,641 0 0
FRANKLIN LTD DURATION INC TR COM 35472T101 13,556 1,121,293 SH   SOLE   1,121,293 0 0
FULL CIRCLE CAP CORP COM 359671104 4,279 1,620,992 SH   SOLE   1,620,992 0 0
GABELLI GLB SML & MD CP VAL COM 36249W104 358 33,117 SH   SOLE   33,117 0 0
GARRISON CAP INC COM 366554103 3,928 387,780 SH   SOLE   387,780 0 0
GDL FUND COM SH BEN IT 361570104 3,816 383,472 SH   SOLE   383,472 0 0
GENERAL AMERN INVS INC COM 368802104 12,363 378,646 SH   SOLE   378,646 0 0
GSV CAP CORP COM 36191J101 6,305 1,335,740 SH   SOLE   1,335,740 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 21,054 1,790,331 SH   SOLE   1,790,331 0 0
INVESCO HIGH INCOME TR II COM 46131F101 3,226 220,651 SH   SOLE   220,651 0 0
INVESCO SR INCOME TR COM 46131H107 23,946 5,530,342 SH   SOLE   5,530,342 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 3,726 30,000 SH   SOLE   30,000 0 0
KKR INCOME OPPORTUNITIES FD COM 48249T106 773 48,232 SH   SOLE   48,232 0 0
KLR ENERGY ACQUISITION CORP UNIT 12/31/2020 49877M207 2,100 200,000 SH   SOLE   200,000 0 0
LAZARD GLB TTL RET&INCM FD I COM 52106W103 2,159 154,551 SH   SOLE   154,551 0 0
LEGG MASON BW GLB INC OPP FD COM 52469B100 15,979 1,176,630 SH   SOLE   1,176,630 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 39,353 7,597,145 SH   SOLE   7,597,145 0 0
LMP CAP & INCOME FD INC COM 50208A102 7,260 532,647 SH   SOLE   532,647 0 0
MADISON CVRED CALL & EQ STR COM 557437100 489 62,907 SH   SOLE   62,907 0 0
MADISON STRTG SECTOR PREM FD COM 558268108 2,217 188,674 SH   SOLE   188,674 0 0
MANAGED DURATION INVT GRD FU COM 56165R103 205 14,310 SH   SOLE   14,310 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 10,052 1,163,436 SH   SOLE   1,163,436 0 0
MFS INTERMEDIATE HIGH INC FD SH BEN INT 59318T109 4,291 1,669,713 SH   SOLE   1,669,713 0 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 10,587 1,738,449 SH   SOLE   1,738,449 0 0
MORGAN STANLEY EM MKTS DM DE COM 617477104 13,645 1,699,231 SH   SOLE   1,699,231 0 0
MORGAN STANLEY EMER MKTS DEB COM 61744H105 6,143 636,542 SH   SOLE   636,542 0 0
MORGAN STANLEY TRUSTS INCOME SECS INC 61745P874 4,359 230,385 SH   SOLE   230,385 0 0
MVC CAPITAL INC COM 553829102 8,947 1,079,237 SH   SOLE   1,079,237 0 0
NEUBERGER BERMAN HGH YLD FD COM 64128C106 6,314 532,370 SH   SOLE   532,370 0 0
NEUBERGER BERMAN RE ES SEC F COM 64190A103 12,072 2,121,675 SH   SOLE   2,121,675 0 0
NEW AMER HIGH INCOME FD INC COM NEW 641876800 2,430 263,881 SH   SOLE   263,881 0 0
NEXPOINT CR STRATEGIES FD COM NEW 65340G205 9,462 425,650 SH   SOLE   425,650 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 242 16,574 SH   SOLE   16,574 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 33,702 3,974,286 SH   SOLE   3,974,286 0 0
NUVEEN GLOBAL EQUITY INCOME COM 6706EH103 7,019 587,886 SH   SOLE   587,886 0 0
NUVEEN GLOBAL HIGH INCOME FD SHS 67075G103 8,696 553,895 SH   SOLE   553,895 0 0
NUVEEN LG/SHT COMMODITY TOTR COM UT BEN INT 670731108 6,020 455,394 SH   SOLE   455,394 0 0
NUVEEN MTG OPPORTUNITY TERM COM 670735109 11,683 483,170 SH   SOLE   483,170 0 0
NUVEEN MTG OPPTY TERM FD 2 COM 67074R100 3,111 131,168 SH   SOLE   131,168 0 0
NUVEEN SR INCOME FD COM 67067Y104 5,703 872,013 SH   SOLE   872,013 0 0
OHA INVT CORP COM 67091U102 6,556 2,087,830 SH   SOLE   2,087,830 0 0
PACHOLDER HIGH YIELD FD INC COM 693742108 1,972 276,584 SH   SOLE   276,584 0 0
PIMCO DYNMIC CREDIT AND MRT COM SHS 72202D106 34,892 1,711,225 SH   SOLE   1,711,225 0 0
PIONEER FLOATING RATE TR COM 72369J102 2,779 235,493 SH   SOLE   235,493 0 0
POWERSHARES ETF TR II EMER MRKT PORT 73936T763 9,341 521,245 SH   SOLE   521,245 0 0
POWERSHARES ETF TRUST FTSE RAFI 1000 73935X583 22,527 240,668 SH   SOLE   240,668 0 0
PRUDENTIAL GLB SHT DUR HG YL COM 74433A109 15,869 1,050,222 SH   SOLE   1,050,222 0 0
PUTMAN HIGH INCOME SEC FUND SHS BEN INT 746779107 2,821 351,733 SH   SOLE   351,733 0 0
PUTNAM PREMIER INCOME TR SH BEN INT 746853100 9,067 1,854,219 SH   SOLE   1,854,219 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 956 117,716 SH   SOLE   117,716 0 0
ROYCE MICRO-CAP TR INC COM 780915104 3,611 462,375 SH   SOLE   462,375 0 0
ROYCE VALUE TR INC COM 780910105 32,262 2,548,342 SH   SOLE   2,548,342 0 0
RYDEX ETF TRUST GUGGENHM S&P 500 78355W205 7,501 49,099 SH   SOLE   49,099 0 0
SARATOGA INVT CORP COM NEW 80349A208 532 29,787 SH   SOLE   29,787 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 23,936 110,659 SH   SOLE   110,659 0 0
SPECIAL OPPORTUNITIES FD INC PFD CONV SE B 84741T302 5,358 207,430 SH   SOLE   207,430 0 0
SPECIAL OPPORTUNITIES FD INC COM 84741T104 3,342 224,157 SH   SOLE   224,157 0 0
SPROTT FOCUS TR INC COM 85208J109 9,124 1,322,369 SH   SOLE   1,322,369 0 0
STELLAR ACQUISITION III INC UNIT 03/22/2022 Y8172W123 1,994 200,000 SH   SOLE   200,000 0 0
TEMPLETON EMERG MKTS INCOME COM 880192109 13,690 1,244,514 SH   SOLE   1,244,514 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 24,798 3,973,980 SH   SOLE   3,973,980 0 0
THL CR SR LN FD COM 87244R103 1,321 80,082 SH   SOLE   80,082 0 0
TRI CONTL CORP COM 895436103 23,187 1,084,537 SH   SOLE   1,084,537 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 5,538 209,517 SH   SOLE   209,517 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 25,979 690,375 SH   SOLE   690,375 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 18,060 482,753 SH   SOLE   482,753 0 0
VIRTUS GLOBAL DIVID INCOME F COM 92835W107 8,276 687,386 SH   SOLE   687,386 0 0
VIRTUS GLOBAL MULTI-SEC INC COM 92829B101 3,095 194,754 SH   SOLE   194,754 0 0
VIRTUS TOTAL RETURN FD COM 92829A103 8,773 1,850,889 SH   SOLE   1,850,889 0 0
VOYA EMERGING MKTS HIGH DIVI COM 92912P108 865 105,661 SH   SOLE   105,661 0 0
VOYA PRIME RATE TR SH BEN INT 92913A100 13,574 2,570,747 SH   SOLE   2,570,747 0 0
WELLS FARGO MULTI SECTOR INC WF MLT SECTR INC 94987D101 18,216 1,404,439 SH   SOLE   1,404,439 0 0
WESTERN ASSET CLYM INFL OPP COM 95766R104 6,514 582,157 SH   SOLE   582,157 0 0
WESTERN ASSET CORPORATE LN F COM 95790J102 2,058 192,532 SH   SOLE   192,532 0 0
WESTERN ASSET EMRG MKT DEBT COM 95766A101 5,912 363,591 SH   SOLE   363,591 0 0
WESTERN ASSET EMRG MKT INCM COM 95766E103 16,757 1,455,884 SH   SOLE   1,455,884 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 3,398 333,455 SH   SOLE   333,455 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 7,229 408,642 SH   SOLE   408,642 0 0
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 9,795 635,622 SH   SOLE   635,622 0 0
WESTERN ASSET HIGH INCM OPP COM 95766K109 20,836 4,125,913 SH   SOLE   4,125,913 0 0
WESTERN ASSET WORLDWIDE INCO COM 957668106 5,021 432,510 SH   SOLE   432,510 0 0
ZWEIG FD COM NEW 989834205 10,372 800,942 SH   SOLE   800,942 0 0