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 297 64,175 SH   DFND 0 64,175 0
ADVANCED MICRO DEVICES INC COM 007903107 12 647,900 SH Put DFND 0 647,900 0
ADVENT CLAY CONV SEC INC FD COM 007639107 311 52,862 SH   DFND 0 52,862 0
ADVENT CLAYMORE ENH GRW & IN COM 00765E104 2,070 249,356 SH   DFND 0 249,356 0
ANTERO RES CORP COM 03674X106 1,972 83,400 SH   DFND 0 83,400 0
APOLLO SR FLOATING RATE FD I COM 037636107 2,794 160,590 SH   DFND 0 160,590 0
APOLLO TACTICAL INCOME FD IN COM 037638103 635 41,081 SH   DFND 0 41,081 0
ARES DYNAMIC CR ALLOCATION F COM 04014F102 3,800 252,000 SH   DFND 0 252,000 0
AVENUE INCOME CR STRATEGIES COM 05358E106 617 45,970 SH   DFND 0 45,970 0
BLACKROCK ENH CAP & INC FD I COM 09256A109 1,525 111,200 SH   DFND 0 111,200 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 240 16,674 SH   DFND 0 16,674 0
BLACKROCK INTL GRWTH & INC T COM BENE INTER 092524107 2,204 400,000 SH   DFND 0 400,000 0
BLACKROCK MULTI-SECTOR INC T COM 09258A107 356 21,577 SH   DFND 0 21,577 0
BLACKROCK MUNI N Y INTER DUR COM 09255F109 701 51,635 SH   DFND 0 51,635 0
BLACKROCK MUNIASSETS FD INC COM 09254J102 448 33,292 SH   DFND 0 33,292 0
BLACKROCK N Y MUN INCOME TR SH BEN INT 09248L106 1,402 100,815 SH   DFND 0 100,815 0
BLACKSTONE GSO LNG SHRT CR I COM SHS BN INT 09257D102 2,952 185,452 SH   DFND 0 185,452 0
BLACKSTONE GSO STRATEGIC CR COM SHS BEN IN 09257R101 5,118 333,627 SH   DFND 0 333,627 0
BOULDER GROWTH & INCOME FD I COM 101507101 1,971 220,480 SH   DFND 0 220,480 0
BROOKFIELD REAL ASSETS INCOM SHS BEN INT 112830104 603 27,026 SH   DFND 0 27,026 0
BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 8,197 123,900 SH   DFND 0 123,900 0
CALAMOS CONV & HIGH INCOME F COM SHS 12811P108 327 30,975 SH   DFND 0 30,975 0
CALAMOS GBL DYN INCOME FUND COM 12811L107 589 84,466 SH   DFND 0 84,466 0
CALAMOS GLOBAL TOTAL RETURN COM SH BEN INT 128118106 269 25,543 SH   DFND 0 25,543 0
CHEMOURS CO COM 163851108 11 10,000 SH Put DFND 0 10,000 0
CLEAR CHANNEL OUTDOOR HLDGS CL A 18451C109 890 176,330 SH   DFND 0 176,330 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 777 86,800 SH   DFND 0 86,800 0
COMSTOCK RES INC NOTE 9.500% 6/1 205768AN4 662 760,357 PRN   DFND 0 760,357 0
CONTINENTAL RESOURCES INC COM 212015101 3 100,000 SH Put DFND 0 100,000 0
DEUTSCHE BANK AG NAMEN AKT D18190898 41 10,000 SH Call DFND 0 10,000 0
DEUTSCHE BANK AG NAMEN AKT D18190898 9 180,000 SH Put DFND 0 180,000 0
DEUTSCHE HIGH INCOME OPPORT COM 25158Y102 1,127 78,220 SH   DFND 0 78,220 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 617 32,480 SH   DFND 0 32,480 0
DREYFUS MUN INCOME INC COM 26201R102 1,289 149,346 SH   DFND 0 149,346 0
EATON VANCE CA MUNI INCOME T SH BEN INT 27826F101 653 53,087 SH   DFND 0 53,087 0
EATON VANCE CALIF MUN BD FD COM 27828C106 688 59,220 SH   DFND 0 59,220 0
EATON VANCE ENHANCED EQ INC COM 278274105 1,326 106,900 SH   DFND 0 106,900 0
EATON VANCE LTD DUR INCOME F COM 27828H105 335 24,410 SH   DFND 0 24,410 0
EATON VANCE NY MUNI INCOME T SH BEN INT 27826W104 487 37,384 SH   DFND 0 37,384 0
EATON VANCE RISK MNGD DIV EQ COM 27829G106 806 90,000 SH   DFND 0 90,000 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 3,869 579,213 SH   DFND 0 579,213 0
EATON VANCE TAX MNGD GBL DV COM 27829F108 1,203 150,000 SH   DFND 0 150,000 0
EATON VANCE TX MGD DIV EQ IN COM 27828N102 2,070 200,000 SH   DFND 0 200,000 0
ENBRIDGE ENERGY PARTNERS L P COM 29250R106 9,081 356,400 SH   DFND 0 356,400 0
ENTERPRISE PRODS PARTNERS L COM 293792107 11,746 434,400 SH   DFND 0 434,400 0
EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 11,609 151,390 SH   DFND 0 151,390 0
EVERI HLDGS INC COM 30034T103 829 382,228 SH   DFND 0 382,228 0
FIFTH STR SR FLOATNG RATE CO COM 31679F101 427 49,000 SH   DFND 0 49,000 0
FIFTH STREET FINANCE CORP COM 31678A103 107 20,000 SH   DFND 0 20,000 0
FIRST TR STRATEGIC HIGH INC COM SHS NEW 337353304 532 43,292 SH   DFND 0 43,292 0
FRANKLIN UNVL TR SH BEN INT 355145103 88 13,168 SH   DFND 0 13,168 0
GAMCO GLOBAL GOLD NAT RES & COM SH BEN INT 36465A109 795 150,000 SH   DFND 0 150,000 0
GEO GROUP INC NEW COM 36162J106 10 68,000 SH Put DFND 0 68,000 0
GOLDMAN SACHS MLP INC OPP FD COM SHS 38147W103 239 24,595 SH   DFND 0 24,595 0
HALCON RES CORP *W EXP 09/09/202 40537Q118 27 11,671 SH   DFND 0 11,671 0
INVESCO CALIF VALUE MUN INC COM 46132H106 1,473 121,300 SH   DFND 0 121,300 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 5,668 460,833 SH   DFND 0 460,833 0
INVESCO PA VALUE MUN INCOME COM 46132K109 2,043 168,000 SH   DFND 0 168,000 0
INVESCO SR INCOME TR COM 46131H107 1,860 400,835 SH   DFND 0 400,835 0
INVESCO TR INVT GRADE NY MUN COM 46131T101 353 26,616 SH   DFND 0 26,616 0
ISHARES MSCI GERMANY ETF 464286806 222 8,400 SH   DFND 0 8,400 0
KEY ENERGY SVCS INC DEL COM 49309J103 639 20,000 SH   DFND 0 20,000 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 879 170,363 SH   DFND 0 170,363 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 12,497 165,240 SH   DFND 0 165,240 0
MFS CALIF MUN FD COM 59318C106 122 10,818 SH   DFND 0 10,818 0
MPLX LP COM UNIT REP LTD 55336V100 9,219 266,300 SH   DFND 0 266,300 0
NEUBERGER BERMAN NY INT MUN COM 64124K102 1,385 110,645 SH   DFND 0 110,645 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 4,681 528,912 SH   DFND 0 528,912 0
NUVEEN ENHANCED MUN VALUE FD COM 67074M101 643 45,898 SH   DFND 0 45,898 0
NUVEEN MUN VALUE FD INC COM 670928100 418 43,700 SH   DFND 0 43,700 0
NUVEEN OHIO QLTY MUN INCOME COM 670980101 1,172 80,671 SH   DFND 0 80,671 0
NUVEEN SELECT MAT MUN FD SH BEN INT 67061T101 322 33,000 SH   DFND 0 33,000 0
NUVEEN SHT DUR CR OPP FD COM 67074X107 349 19,952 SH   DFND 0 19,952 0
NUVEEN SR INCOME FD COM 67067Y104 801 117,946 SH   DFND 0 117,946 0
ONEOK PARTNERS LP UNIT LTD PARTN 68268N103 9,196 213,800 SH   DFND 0 213,800 0
PIMCO DYNMIC CREDIT AND MRT COM SHS 72202D106 844 41,760 SH   DFND 0 41,760 0
PIONEER FLOATING RATE TR COM 72369J102 1,101 92,795 SH   DFND 0 92,795 0
PIONEER MUN HIGH INCOME TR COM SHS 723763108 442 37,274 SH   DFND 0 37,274 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 9,425 291,900 SH   DFND 0 291,900 0
RADIO ONE INC CL D NON VTG 75040P405 211 72,898 SH   DFND 0 72,898 0
RMR REAL ESTATE INCOME FUND COM 76970B101 2,012 98,323 SH   DFND 0 98,323 0
SOURCE CAP INC COM 836144105 1,805 50,200 SH   DFND 0 50,200 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 5 20,000 SH Call DFND 0 20,000 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 0 40,000 SH Put DFND 0 40,000 0
SPECTRA ENERGY PARTNERS LP COM 84756N109 11,744 256,200 SH   DFND 0 256,200 0
SWISS HELVETIA FD INC COM 870875101 312 30,532 SH   DFND 0 30,532 0
TC PIPELINES LP UT COM LTD PRT 87233Q108 9,108 154,800 SH   DFND 0 154,800 0
TECK RESOURCES LTD CL B 878742204 12 20,000 SH Put DFND 0 20,000 0
THL CR SR LN FD COM 87244R103 480 25,601 SH   DFND 0 25,601 0
VOYA GLBL ADV & PREM OPP FD COM 92912R104 988 100,500 SH   DFND 0 100,500 0
VOYA PRIME RATE TR SH BEN INT 92913A100 309 55,731 SH   DFND 0 55,731 0
WELLS FARGO MULTI SECTOR INC COM 94987D101 321 25,000 SH   DFND 0 25,000 0
WESTERN ASSET CLYM INFL OPP COM 95766R104 712 63,944 SH   DFND 0 63,944 0
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 537 46,798 SH   DFND 0 46,798 0
WESTERN ASSET CORPORATE LN F COM 95790J102 650 57,770 SH   DFND 0 57,770 0
WHITING PETE CORP NEW COM 966387102 1 20,000 SH Put DFND 0 20,000 0