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 248 48,150 SH   SOLE   48,150 0 0
ADVENT CLAY CONV SEC INC FD COM 007639107 1,176 188,394 SH   SOLE   188,394 0 0
ADVENT CLAYMORE CV SECS & IN COM 00764C109 1,014 62,608 SH   SOLE   62,608 0 0
ALLIANCEBERNSTEIN NATL MUNI COM 01864U106 2,035 145,772 SH   SOLE   145,772 0 0
ALLIANZGI CONV & INCOME FD I COM 018825109 2,660 425,666 SH   SOLE   425,666 0 0
ALPINE GLOBAL PREMIER PPTYS COM SBI 02083A103 1,449 218,488 SH   SOLE   218,488 0 0
APOLLO SR FLOATING RATE FD I COM 037636107 3,055 182,386 SH   SOLE   182,386 0 0
ARES DYNAMIC CR ALLOCATION F COM 04014F102 2,967 180,928 SH   SOLE   180,928 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 2,869 253,919 SH   SOLE   253,919 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 271 20,000 SH   SOLE   20,000 0 0
BLACKROCK DEBT STRAT FD INC COM NEW 09255R202 431 36,957 SH   SOLE   36,957 0 0
BLACKROCK INVT QUALITY MUN T COM 09247D105 2,211 147,823 SH   SOLE   147,823 0 0
BLACKROCK LTD DURATION INC T COM SHS 09249W101 1,073 66,587 SH   SOLE   66,587 0 0
BLACKROCK MUNIHOLDNGS QLTY I COM 09254A101 1,647 121,082 SH   SOLE   121,082 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 1,038 106,960 SH   SOLE   106,960 0 0
BLACKROCK MUNIY QUALITY FD I COM 09254G108 3,547 265,926 SH   SOLE   265,926 0 0
BLACKROCK MUNICIPAL BOND TR COM 09249H104 777 49,987 SH   SOLE   49,987 0 0
BLACKROCK MUN INCOME TR SH BEN INT 09248F109 4,208 294,681 SH   SOLE   294,681 0 0
BLACKSTONE GSO STRATEGIC CR COM SHS BEN IN 09257R101 3,370 210,908 SH   SOLE   210,908 0 0
BLACKSTONE GSO LNG SHRT CR I COM SHS BN INT 09257D102 1,551 96,467 SH   SOLE   96,467 0 0
BROOKFIELD REAL ASSETS INCOM SH BEN INT 112830104 3,706 155,799 SH   SOLE   155,799 0 0
CLEARBRIDGE ENERGY MLP FD IN COM 184692101 182 12,242 SH   SOLE   12,242 0 0
COHEN & STEERS TOTAL RETURN COM 19247R103 906 72,741 SH   SOLE   72,741 0 0
DEUTSCHE MUN INCOME COM 25160C106 2,114 166,364 SH   SOLE   166,364 0 0
DEUTSCHE STRATEGIC MUN COM 25159F102 2,280 186,700 SH   SOLE   186,700 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 1,854 87,252 SH   SOLE   87,252 0 0
DREYFUS MUN BD INFRSTRCTR FD SHS 26203D101 4,110 307,383 SH   SOLE   307,383 0 0
DREYFUS MUN INCOME INC COM 26201R102 2,402 263,060 SH   SOLE   263,060 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 2,433 173,415 SH   SOLE   173,415 0 0
EATON VANCE MUN BD FD COM 27827X101 4,408 347,670 SH   SOLE   347,670 0 0
EATON VANCE MUN BD FD II COM 27827K109 1,797 143,214 SH   SOLE   143,214 0 0
EATON VANCE MUNI INCOME TRUS SH BEN INT 27826U108 7,042 543,814 SH   SOLE   543,814 0 0
FEDERATED PREM MUN INC FD COM 31423P108 2,174 147,925 SH   SOLE   147,925 0 0
FIRST TR SR FLG RTE INCM FD COM 33733U108 1,224 90,707 SH   SOLE   90,707 0 0
FLAHERTY & CRUMRINE PFD INC COM 338480106 689 45,495 SH   SOLE   45,495 0 0
BARCLAYS BK PLC IPATH S&P500 VIX 06746L422 70 1,781 SH   SOLE   1,781 0 0
INVESCO ADVANTAGE MUNICIPAL SH BEN INT 46132E103 6,906 600,008 SH   SOLE   600,008 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 3,041 255,089 SH   SOLE   255,089 0 0
INVESCO MUN OPPORTUNITY TR COM 46132C107 6,756 519,307 SH   SOLE   519,307 0 0
INVESCO MUN TR COM 46131J103 2,867 224,502 SH   SOLE   224,502 0 0
INVESCO QUALITY MUNI INC TRS COM 46133G107 5,974 466,728 SH   SOLE   466,728 0 0
INVESCO TR INVT GRADE MUNS COM 46131M106 2,850 212,706 SH   SOLE   212,706 0 0
INVESCO VALUE MUN INCOME COM 46132P108 7,310 488,619 SH   SOLE   488,619 0 0
HANCOCK JOHN INVS TR COM 410142103 1,931 106,405 SH   SOLE   106,405 0 0
MFS HIGH INCOME MUN TR SH BEN INT 59318D104 127 24,179 SH   SOLE   24,179 0 0
MFS MUN INCOME TR SH BEN INT 552738106 795 110,452 SH   SOLE   110,452 0 0
NEUBERGER BERMAN HGH YLD FD COM 64128C106 2,855 234,819 SH   SOLE   234,819 0 0
NEUBERGER BERMAN INTER MUNI COM 64124P101 3,389 220,632 SH   SOLE   220,632 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 9,677 698,696 SH   SOLE   698,696 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 1,723 202,900 SH   SOLE   202,900 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 8,757 617,132 SH   SOLE   617,132 0 0
NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT 67070X101 4,546 298,875 SH   SOLE   298,875 0 0
NUVEEN AMT FREE MUN CR INC F COM 67071L106 4,808 312,389 SH   SOLE   312,389 0 0
NUVEEN DOW 30 DYN OVERWRITE SHS 67075F105 429 25,314 SH   SOLE   25,314 0 0
NUVEEN ENHANCED MUN VALUE FD COM 67074M101 3,863 262,797 SH   SOLE   262,797 0 0
NUVEEN GLOBAL HIGH INCOME FD SHS 67075G103 2,078 119,604 SH   SOLE   119,604 0 0
NUVEEN PFD & INCOME TERM FD COM 67075A106 2,330 92,531 SH   SOLE   92,531 0 0
NUVEEN PFD & INCM OPPORTNYS COM 67073B106 1,408 133,247 SH   SOLE   133,247 0 0
NUVEEN REAL ASSET INC & GROW COM 67074Y105 1,109 61,591 SH   SOLE   61,591 0 0
PIMCO DYNAMIC CR INCOME FD COM SHS 72202D106 942 40,863 SH   SOLE   40,863 0 0
PIMCO MUNICIPAL INCOME FD COM 72200R107 2,988 218,588 SH   SOLE   218,588 0 0
POWERSHARES ETF TR II PFD PORTFOLIO 73936T565 2,942 195,759 SH   SOLE   195,759 0 0
PROSHARES TR SHRT 20+YR TRE 74347X849 112 5,000 SH   SOLE   5,000 0 0
PROSHARES TR SHT 7-10 YR TR 74348A608 113 4,000 SH   SOLE   4,000 0 0
PROSHARES TR SHORT S&P 500 NE 74347B425 273 8,480 SH   SOLE   8,480 0 0
PIONEER DIV HIGH INCOME TRUS COM 723653101 1,813 109,423 SH   SOLE   109,423 0 0
PIONEER HIGH INCOME TR COM 72369H106 4,133 412,440 SH   SOLE   412,440 0 0
PIONEER MUN HIGH INCOME ADV COM 723762100 6,067 525,285 SH   SOLE   525,285 0 0
PIONEER MUN HIGH INCOME TR COM SHS 723763108 5,345 444,325 SH   SOLE   444,325 0 0
PRINCIPAL REAL ESTATE INCOME SH BEN INT 74255X104 1,097 61,097 SH   SOLE   61,097 0 0
PROSHARES TR PSHS SHORT DOW30 74347R701 182 11,000 SH   SOLE   11,000 0 0
PRUDENTIAL SHT DURATION HG Y COM 74442F107 1,455 95,364 SH   SOLE   95,364 0 0
PUTNAM MANAGED MUN INCOM TR COM 746823103 4,800 634,895 SH   SOLE   634,895 0 0
PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 6,912 547,264 SH   SOLE   547,264 0 0
SPDR SERIES TRUST NUV HGHYLD MUN 78464A284 1,645 28,805 SH   SOLE   28,805 0 0
SALIENT MIDSTREAM & MLP FD SH BEN INT 79471V105 116 10,000 SH   SOLE   10,000 0 0
VANECK VECTORS ETF TR HIGH YLD MUN ETF 92189F361 5,658 180,700 SH   SOLE   180,700 0 0
VOYA GLBL ADV & PREM OPP FD COM 92912R104 925 80,338 SH   SOLE   80,338 0 0
VOYA PRIME RATE TR SH BEN INT 92913A100 1,027 196,300 SH   SOLE   196,300 0 0
WELLS FARGO INCOME OPPORTUNI COM SHS 94987B105 1,696 193,809 SH   SOLE   193,809 0 0
WESTERN ASSET CORPORATE LN F COM 95790J102 525 48,315 SH   SOLE   48,315 0 0
WESTERN ASSET EMRG MKT DEBT COM 95766A101 1,693 107,577 SH   SOLE   107,577 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 245 23,810 SH   SOLE   23,810 0 0
WESTERN ASSET HIGH INCM FD I COM 95766J102 3,648 505,919 SH   SOLE   505,919 0 0
WESTERN ASSET HIGH INCM OPP COM 95766K109 585 114,090 SH   SOLE   114,090 0 0
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 1,160 74,579 SH   SOLE   74,579 0 0
WESTERN ASSET INVT GRADE DEF COM 95790A101 629 29,656 SH   SOLE   29,656 0 0
WESTERN ASST MNGD MUN FD INC COM 95766M105 488 34,831 SH   SOLE   34,831 0 0
WESTERN ASSET PREMIER BD FD SHS BEN INT 957664105 2,469 178,499 SH   SOLE   178,499 0 0
ISHARES TR U.S. PFD STK ETF 464288687 794 20,450 SH   SOLE   20,450 0 0