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 240 48,150 SH   SOLE   48,150 0 0
ADVENT CLAY CONV SEC INC FD COM 007639107 500 81,912 SH   SOLE   81,912 0 0
ADVENT CLAYMORE CV SECS & IN COM 00764C109 1,281 81,808 SH   SOLE   81,808 0 0
ALLIANCEBERNSTEIN NATL MUNI COM 01864U106 1,417 105,914 SH   SOLE   105,914 0 0
ALLIANZGI CONV & INCOME FD COM 018828103 139 20,500 SH   SOLE   20,500 0 0
ALLIANZGI CONV & INCOME FD I COM 018825109 2,732 451,626 SH   SOLE   451,626 0 0
ALPINE GLOBAL PREMIER PPTYS COM SBI 02083A103 1,322 231,058 SH   SOLE   231,058 0 0
ARES DYNAMIC CR ALLOCATION F COM 04014F102 2,898 180,928 SH   SOLE   180,928 0 0
BARINGS GLOBAL SHORT DURATIO COM 06760L100 207 10,476 SH   SOLE   10,476 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 1,954 178,919 SH   SOLE   178,919 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 263 20,000 SH   SOLE   20,000 0 0
BLACKROCK DEBT STRAT FD INC COM NEW 09255R202 426 36,957 SH   SOLE   36,957 0 0
BLACKROCK INVT QUALITY MUN T COM 09247D105 491 33,892 SH   SOLE   33,892 0 0
BLACKROCK LTD DURATION INC T COM SHS 09249W101 1,199 77,027 SH   SOLE   77,027 0 0
BLACKROCK LONG-TERM MUNI ADV COM 09250B103 456 39,791 SH   SOLE   39,791 0 0
BLACKROCK MUNIENHANCED FD IN COM 09253Y100 1,753 149,961 SH   SOLE   149,961 0 0
BLACKROCK MUNIHOLDINGS FD IN COM 09253N104 1,975 119,169 SH   SOLE   119,169 0 0
BLACKROCK MUNIHLDNGS QLTY II COM 09254C107 314 23,672 SH   SOLE   23,672 0 0
BLACKROCK MUNIHOLDNGS QLTY I COM 09254A101 1,846 139,945 SH   SOLE   139,945 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 655 67,827 SH   SOLE   67,827 0 0
BLACKROCK MUNIY QUALITY FD I COM 09254G108 3,727 291,401 SH   SOLE   291,401 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 2,199 157,867 SH   SOLE   157,867 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254F100 5,661 378,183 SH   SOLE   378,183 0 0
BLACKROCK MUNICIPAL BOND TR COM 09249H104 605 40,190 SH   SOLE   40,190 0 0
BLACKROCK MUN INCOME TR SH BEN INT 09248F109 2,528 181,321 SH   SOLE   181,321 0 0
BLACKROCK MUNI INCOME TR II COM 09249N101 2,118 142,428 SH   SOLE   142,428 0 0
BLACKSTONE GSO STRATEGIC CR COM SHS BEN IN 09257R101 3,143 198,408 SH   SOLE   198,408 0 0
BLACKSTONE GSO LNG SHRT CR I COM SHS BN INT 09257D102 1,290 80,195 SH   SOLE   80,195 0 0
BROOKFIELD REAL ASSETS INCOM SH BEN INT 112830104 3,549 155,799 SH   SOLE   155,799 0 0
CALAMOS CONV & HIGH INCOME F COM SHS 12811P108 1,945 170,720 SH   SOLE   170,720 0 0
CLEARBRIDGE ENERGY MLP FD IN COM 184692101 205 12,242 SH   SOLE   12,242 0 0
COHEN & STEERS TOTAL RETURN COM 19247R103 781 63,410 SH   SOLE   63,410 0 0
DEUTSCHE STRATEGIC MUN COM 25159F102 1,433 115,537 SH   SOLE   115,537 0 0
DIVERSIFIED REAL ASSET INC F COM SHS 25533B108 1,066 61,438 SH   SOLE   61,438 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 951 47,369 SH   SOLE   47,369 0 0
DREYFUS MUN BD INFRSTRCTR FD SHS 26203D101 5,530 436,437 SH   SOLE   436,437 0 0
DREYFUS MUN INCOME INC COM 26201R102 2,763 309,701 SH   SOLE   309,701 0 0
EATON VANCE FLTG RATE INCOM COM SHS BEN INT 278284104 1,159 68,775 SH   SOLE   68,775 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 2,232 161,415 SH   SOLE   161,415 0 0
EATON VANCE MUN BD FD COM 27827X101 983 78,298 SH   SOLE   78,298 0 0
EATON VANCE MUN BD FD II COM 27827K109 3,119 253,998 SH   SOLE   253,998 0 0
EATON VANCE MUNI INCOME TRUS SH BEN INT 27826U108 5,793 451,162 SH   SOLE   451,162 0 0
FEDERATED PREM MUN INC FD COM 31423P108 2,179 157,526 SH   SOLE   157,526 0 0
FIRST TR SR FLG RTE INCM FD COM 33733U108 1,393 100,721 SH   SOLE   100,721 0 0
FLAHERTY & CRUMRINE PFD INC COM 338480106 814 53,922 SH   SOLE   53,922 0 0
FLAHERTY&CRMN PFD SEC INCOM COM 338478100 2,078 101,116 SH   SOLE   101,116 0 0
BARCLAYS BK PLC IPATH S&P500 VIX 06740Q252 172 10,875 SH   SOLE   10,875 0 0
INVESCO ADVANTAGE MUNICIPAL SH BEN INT 46132E103 6,504 580,708 SH   SOLE   580,708 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 1,953 159,711 SH   SOLE   159,711 0 0
INVESCO HIGH INCOME TR II COM 46131F101 334 23,113 SH   SOLE   23,113 0 0
INVESCO MUN TR COM 46131J103 1,190 94,939 SH   SOLE   94,939 0 0
INVESCO QUALITY MUNI INC TRS COM 46133G107 4,290 345,096 SH   SOLE   345,096 0 0
INVESCO SR INCOME TR COM 46131H107 959 207,160 SH   SOLE   207,160 0 0
INVESCO TR INVT GRADE MUNS COM 46131M106 3,783 291,215 SH   SOLE   291,215 0 0
INVESCO VALUE MUN INCOME COM 46132P108 6,910 473,642 SH   SOLE   473,642 0 0
HANCOCK JOHN INVS TR COM 410142103 2,128 124,910 SH   SOLE   124,910 0 0
HANCOCK JOHN PFD INCOME FD I COM 41021P103 1,196 64,867 SH   SOLE   64,867 0 0
KAYNE ANDERSON ENERGY DEV CO COM 48660Q102 214 11,000 SH   SOLE   11,000 0 0
KAYNE ANDERSON MLP INVT CO COM 486606106 393 18,738 SH   SOLE   18,738 0 0
MFS HIGH INCOME MUN TR SH BEN INT 59318D104 2,355 469,165 SH   SOLE   469,165 0 0
MFS HIGH YIELD MUN TR SH BEN INT 59318E102 465 100,622 SH   SOLE   100,622 0 0
MFS MUN INCOME TR SH BEN INT 552738106 2,620 376,947 SH   SOLE   376,947 0 0
MACQUARIE FT TR GB INF UT DI COM 55607W100 243 19,413 SH   SOLE   19,413 0 0
MAINSTAY DEFINEDTERM MN OPP COM 56064K100 1,492 77,517 SH   SOLE   77,517 0 0
NEUBERGER BERMAN HGH YLD FD COM 64128C106 2,024 170,350 SH   SOLE   170,350 0 0
NEUBERGER BERMAN INTER MUNI COM 64124P101 1,932 130,130 SH   SOLE   130,130 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 10,983 822,079 SH   SOLE   822,079 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 522 60,100 SH   SOLE   60,100 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 7,202 526,098 SH   SOLE   526,098 0 0
NUVEEN ENHANCED MUN CREDIT O COM SH BEN INT 67070X101 5,960 414,189 SH   SOLE   414,189 0 0
NUVEEN ENHANCED AMT FREE MUN COM 67071L106 5,490 375,504 SH   SOLE   375,504 0 0
NUVEEN DOW 30 DYN OVERWRITE SHS 67075F105 553 35,314 SH   SOLE   35,314 0 0
NUVEEN ENHANCED MUN VALUE FD COM 67074M101 1,860 132,513 SH   SOLE   132,513 0 0
NUVEEN FLEXIBLE INVT INCOME COM 67075B104 343 20,264 SH   SOLE   20,264 0 0
NUVEEN FLOATING RATE INCOME COM 67072T108 535 46,500 SH   SOLE   46,500 0 0
NUVEEN GLOBAL HIGH INCOME FD SHS 67075G103 1,970 119,604 SH   SOLE   119,604 0 0
NUVEEN PFD AND INC TERM FD COM 67075A106 765 31,766 SH   SOLE   31,766 0 0
NUVEEN REAL ESTATE INCOME FD COM 67071B108 262 26,700 SH   SOLE   26,700 0 0
PIMCO DYNAMIC CR INCOME FD COM SHS 72202D106 876 40,863 SH   SOLE   40,863 0 0
PIMCO INCOME STRATEGY FUND COM 72201H108 586 52,500 SH   SOLE   52,500 0 0
PIMCO MUNICIPAL INCOME FD COM 72200R107 3,242 245,242 SH   SOLE   245,242 0 0
PIMCO MUN INCOME FD III COM 72201A103 119 10,560 SH   SOLE   10,560 0 0
PROSHARES TR SHRT 20+YR TRE 74347X849 117 5,000 SH   SOLE   5,000 0 0
PROSHARES TR SHT 7-10 YR TR 74348A608 114 4,000 SH   SOLE   4,000 0 0
PROSHARES TR SHORT S&P 500 NE 74347B425 292 8,480 SH   SOLE   8,480 0 0
PACHOLDER HIGH YIELD FD INC COM 693742108 960 124,310 SH   SOLE   124,310 0 0
PIONEER DIV HIGH INCOME TRUS COM 723653101 864 53,398 SH   SOLE   53,398 0 0
PIONEER HIGH INCOME TR COM 72369H106 3,392 343,718 SH   SOLE   343,718 0 0
PIONEER MUN HIGH INCOME ADV COM 723762100 6,470 588,741 SH   SOLE   588,741 0 0
PIONEER MUN HIGH INCOME TR COM SHS 723763108 6,561 564,654 SH   SOLE   564,654 0 0
PRINCIPAL REAL ESTATE INCOME SH BEN INT 74255X104 1,072 61,097 SH   SOLE   61,097 0 0
PROSHARES TR PSHS SHORT DOW30 74347R701 199 11,000 SH   SOLE   11,000 0 0
PRUDENTIAL SHT DURATION HG Y COM 74442F107 344 22,364 SH   SOLE   22,364 0 0
PUTNAM MANAGED MUN INCOM TR COM 746823103 4,500 619,770 SH   SOLE   619,770 0 0
PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 6,200 516,248 SH   SOLE   516,248 0 0
SPDR SERIES TRUST NUV HGHYLD MUN 78464A284 3,400 60,063 SH   SOLE   60,063 0 0
THL CR SR LN FD COM 87244R103 1,725 95,813 SH   SOLE   95,813 0 0
VANECK VECTORS ETF TR HIGH YLD MUN ETF 92189F361 4,426 144,797 SH   SOLE   144,797 0 0
VOYA GLBL ADV & PREM OPP FD COM 92912R104 697 66,538 SH   SOLE   66,538 0 0
VOYA GLBL EQTY DIV & PREM OP COM 92912T100 143 19,545 SH   SOLE   19,545 0 0
VOYA INFRASTRUCTURE INDLS & MT COM 92912X101 113 7,444 SH   SOLE   7,444 0 0
VOYA PRIME RATE TR SH BEN INT 92913A100 1,062 196,300 SH   SOLE   196,300 0 0
WELLS FARGO INCOME OPPORTUNI COM SHS 94987B105 1,628 193,809 SH   SOLE   193,809 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 240 23,810 SH   SOLE   23,810 0 0
WESTERN ASSET HIGH INCM FD I COM 95766J102 2,794 387,045 SH   SOLE   387,045 0 0
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 527 34,279 SH   SOLE   34,279 0 0
WESTERN ASSET INTM MUNI FD I COM 958435109 64 6,748 SH   SOLE   6,748 0 0
WESTERN ASST MN PRT FD INC COM 95766P108 786 52,040 SH   SOLE   52,040 0 0
WESTERN ASSET PREMIER BD FD SHS BEN INT 957664105 1,800 134,824 SH   SOLE   134,824 0 0
ISHARES TR NATIONAL MUN ETF 464288414 2,571 23,599 SH   SOLE   23,599 0 0
ISHARES TR U.S. PFD STK ETF 464288687 1,057 27,325 SH   SOLE   27,325 0 0