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 361 77,924 SH   SOLE   77,924 0 0
ADVENT CLAY CONV SEC INC FD COM 007639107 29,666 5,045,169 SH   SOLE   5,045,169 0 0
ADVENT CLAYMORE CV SECS & IN COM 00764C109 37,955 2,585,471 SH   SOLE   2,585,471 0 0
ADVENT CLAYMORE ENH GRW & IN COM 00765E104 9,616 1,157,191 SH   SOLE   1,157,191 0 0
ALLERGAN PLC SHS G0177J108 28,330 134,900 SH Call SOLE   134,900 0 0
ALLERGAN PLC SHS G0177J108 32,661 155,521 SH   SOLE   155,521 0 0
ALLIANZGI NFJ DIVID INT & PR COM 01883A107 16,234 1,287,419 SH   SOLE   1,287,419 0 0
ALPINE GLOBAL DYNAMIC DIVD F COM NEW 02082E205 9,091 1,036,614 SH   SOLE   1,036,614 0 0
ALPINE TOTAL DYNAMIC DIVID F COM SH BEN INT N 021060207 27,718 3,656,789 SH   SOLE   3,656,789 0 0
ANADARKO PETE CORP COM 032511107 21,065 302,100 SH Put SOLE   302,100 0 0
ANADARKO PETE CORP COM 032511107 652 9,347 SH   SOLE   9,347 0 0
APOLLO TACTICAL INCOME FD IN COM 037638103 2,165 140,289 SH   SOLE   140,289 0 0
BANCROFT FUND LTD COM 059695106 323 15,970 SH   SOLE   15,970 0 0
BLACKROCK DEBT STRAT FD INC COM NEW 09255R202 92,069 8,118,988 SH   SOLE   8,118,988 0 0
BLACKROCK MULTI-SECTOR INC T COM 09258A107 6,642 403,031 SH   SOLE   403,031 0 0
BLACKSTONE GSO LNG SHRT CR I COM SHS BN INT 09257D102 2,193 137,738 SH   SOLE   137,738 0 0
BLACKSTONE GSO STRATEGIC CR COM SHS BEN IN 09257R101 23,382 1,524,251 SH   SOLE   1,524,251 0 0
BROOKFIELD REAL ASSETS INCOM SHS BEN INT 112830104 765 34,301 SH   SOLE   34,301 0 0
CLOUGH GLOBAL DIVND AND INC COM 18913Y103 19,207 1,595,286 SH   SOLE   1,595,286 0 0
CLOUGH GLOBAL EQUITY FD COM 18914C100 21,761 1,960,479 SH   SOLE   1,960,479 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 17,049 1,904,876 SH   SOLE   1,904,876 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 19,037 3,405,469 SH   SOLE   3,405,469 0 0
COMMUNITY HEALTH SYS INC NEW RIGHT 99/99/9999 203668116 4 795,108 SH   SOLE   795,108 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 18,787 5,945,208 SH   SOLE   5,945,208 0 0
DBX ETF TR DBXTR HAR CS 300 233051879 209 8,900 SH   SOLE   8,900 0 0
DELAWARE ENHANCED GBL DIV & COM 246060107 8,707 861,254 SH   SOLE   861,254 0 0
DELAWARE INVTS DIV & INCOME COM 245915103 3,100 309,739 SH   SOLE   309,739 0 0
DEUTSCHE GLOBAL HIGH INCOME COM 25158V108 3,126 377,997 SH   SOLE   377,997 0 0
DEUTSCHE HIGH INCOME OPPORT COM 25158Y102 29,162 2,023,745 SH   SOLE   2,023,745 0 0
DEUTSCHE MULTI-MKT INCOME TR SHS 25160E102 16,705 1,960,714 SH   SOLE   1,960,714 0 0
DEUTSCHE STRATEGIC INCOME TR SHS 25160F109 4,948 416,155 SH   SOLE   416,155 0 0
DIVIDEND & INCOME FUND COM NEW 25538A204 1,781 150,333 SH   SOLE   150,333 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 1,415 74,514 SH   SOLE   74,514 0 0
DYNEGY INC NEW DEL *W EXP 10/02/201 26817R116 63 1,394,423 SH   SOLE   1,394,423 0 0
EATON VANCE SH TM DR DIVR IN COM 27828V104 244 17,610 SH   SOLE   17,610 0 0
ELLSWORTH GROWTH & INCOME FD COM 289074106 676 81,843 SH   SOLE   81,843 0 0
EUROPEAN EQUITY FUND COM 298768102 349 45,222 SH   SOLE   45,222 0 0
FIRST TR ABERDEEN GLBL OPP F COM SHS 337319107 357 32,005 SH   SOLE   32,005 0 0
FIRST TR HIGH INCOME L/S FD COM 33738E109 74,106 4,608,556 SH   SOLE   4,608,556 0 0
FIRST TR STRATEGIC HIGH INC COM SHS NEW 337353304 8,431 686,538 SH   SOLE   686,538 0 0
FRANKLIN LTD DURATION INC TR COM 35472T101 48,552 4,032,571 SH   SOLE   4,032,571 0 0
GAP INC DEL COM 364760108 10,111 450,600 SH Put SOLE   450,600 0 0
GENERAL AMERN INVS INC COM 368802104 8,017 257,524 SH   SOLE   257,524 0 0
GENWORTH FINL INC COM CL A 37247D106 5,338 1,401,019 SH   SOLE   1,401,019 0 0
HERTZ GLOBAL HLDGS INC COM 42806J106 1,977 91,705 SH   SOLE   91,705 0 0
ILG INC COM 44967H101 988 54,358 SH   SOLE   54,358 0 0
INVESCO HIGH INCOME TR II COM 46131F101 9,194 644,751 SH   SOLE   644,751 0 0
ISHARES TR IBOXX HI YD ETF 464288513 2,885 33,335 SH   SOLE   33,335 0 0
IVY HIGH INC OPPORTUNITIES F COM 465893105 327 22,142 SH   SOLE   22,142 0 0
LAZARD GLB TTL RET&INCM FD I COM 52106W103 692 50,360 SH   SOLE   50,360 0 0
LAZARD WORLD DIVID & INCOME COM 521076109 581 58,623 SH   SOLE   58,623 0 0
LEGG MASON BW GLB INC OPP FD COM 52469B100 16,256 1,374,096 SH   SOLE   1,374,096 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 11,036 2,138,809 SH   SOLE   2,138,809 0 0
LMP CAP & INCOME FD INC COM 50208A102 154 11,589 SH   SOLE   11,589 0 0
MADISON STRTG SECTOR PREM FD COM 558268108 225 18,887 SH   SOLE   18,887 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 12,090 1,418,970 SH   SOLE   1,418,970 0 0
MFS INTERMEDIATE HIGH INC FD SH BEN INT 59318T109 3,063 1,187,112 SH   SOLE   1,187,112 0 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 7,465 1,231,785 SH   SOLE   1,231,785 0 0
MGIC INVT CORP WIS COM 552848103 3,650 358,187 SH   SOLE   358,187 0 0
MORGAN STANLEY EM MKTS DM DE COM 617477104 7,903 1,102,266 SH   SOLE   1,102,266 0 0
MORGAN STANLEY EMER MKTS DEB COM 61744H105 811 89,090 SH   SOLE   89,090 0 0
MVC CAPITAL INC COM 553829102 154 18,000 SH   SOLE   18,000 0 0
NEUBERGER BERMAN HGH YLD FD COM 64128C106 8,716 746,898 SH   SOLE   746,898 0 0
NEUBERGER BERMAN RE ES SEC F COM 64190A103 458 85,333 SH   SOLE   85,333 0 0
NEW AMER HIGH INCOME FD INC COM NEW 641876800 604 65,227 SH   SOLE   65,227 0 0
NEW GOLD INC CDA COM 644535106 966 276,037 SH   SOLE   276,037 0 0
NUVEEN MULTI MKT INCOME FD COM 67075J107 126 17,285 SH   SOLE   17,285 0 0
OFFICE DEPOT INC COM 676220106 1,155 255,620 SH   SOLE   255,620 0 0
ONEMAIN HLDGS INC COM 68268W103 5,875 265,349 SH   SOLE   265,349 0 0
PACHOLDER HIGH YIELD FD INC COM 693742108 1,496 207,724 SH   SOLE   207,724 0 0
PUTMAN HIGH INCOME SEC FUND SHS BEN INT 746779107 2,667 324,901 SH   SOLE   324,901 0 0
PUTNAM PREMIER INCOME TR SH BEN INT 746853100 9,987 2,009,524 SH   SOLE   2,009,524 0 0
RADIAN GROUP INC COM 750236101 2,145 119,300 SH Put SOLE   119,300 0 0
RADIAN GROUP INC COM 750236101 180 10,000 SH   SOLE   10,000 0 0
ROYCE VALUE TR INC COM 780910105 5,303 396,064 SH   SOLE   396,064 0 0
SEADRILL LIMITED SHS G7945E105 17,701 5,191,200 SH Put SOLE   5,191,200 0 0
SOLARCITY CORP NOTE 2.750%11/0 83416TAA8 466 500,000 PRN   SOLE   500,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 2,569 173,095 SH   SOLE   173,095 0 0
TESLA MTRS INC NOTE 1.250% 3/0 88160RAC5 1,731 2,000,000 PRN   SOLE   2,000,000 0 0
TESLA MTRS INC COM 88160R101 21,369 100,000 SH Put SOLE   100,000 0 0
TESLA MTRS INC COM 88160R101 4,680 21,900 SH   SOLE   21,900 0 0
TRANSOCEAN LTD REG SHS H8817H100 11,506 780,600 SH Put SOLE   780,600 0 0
TREEHOUSE FOODS INC COM 89469A104 1,513 20,961 SH   SOLE   20,961 0 0
UNISYS CORP COM NEW 909214306 1,191 79,637 SH   SOLE   79,637 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 14,470 996,589 SH   SOLE   996,589 0 0
VIRTUS GLOBAL MULTI-SEC INC COM 92829B101 510 33,247 SH   SOLE   33,247 0 0
VIRTUS TOTAL RETURN FD COM 92829A103 661 147,879 SH   SOLE   147,879 0 0
WELLS FARGO GLOBAL DIVIDEND COM 94987C103 14,081 2,583,733 SH   SOLE   2,583,733 0 0
WELLS FARGO INCOME OPPORTUNI WF INC OPPTY FD 94987B105 165 19,455 SH   SOLE   19,455 0 0
WELLS FARGO MULTI SECTOR INC COM 94987D101 78,911 6,150,514 SH   SOLE   6,150,514 0 0
WESTERN ASSET EMRG MKT DEBT COM 95766A101 26,206 1,781,493 SH   SOLE   1,781,493 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 3,605 366,687 SH   SOLE   366,687 0 0
WESTERN ASSET HIGH INCM OPP COM 95766K109 891 178,573 SH   SOLE   178,573 0 0
ZWEIG FD COM NEW 989834205 241 20,000 SH   SOLE   20,000 0 0