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 651 150,763 SH   SOLE   150,763 0 0
ABERDEEN AUSTRALIA EQTY FD I COM 003011103 6,048 967,619 SH   SOLE   967,619 0 0
ABERDEEN EMRG MRKTS EQT INM COM 00301W105 24,425 3,489,246 SH   SOLE   3,489,246 0 0
ABERDEEN GLOBAL DYNAMIC DIVI COM 00302M106 1,532 149,478 SH   SOLE   149,478 0 0
ABERDEEN GLOBAL PREMIER PPTY COM SH BEN INT 00302L108 13,419 2,103,296 SH   SOLE   2,103,296 0 0
ABERDEEN JAPAN EQUITY FD INC COM 00306J109 22,063 2,495,844 SH   SOLE   2,495,844 0 0
ABERDEEN TOTAL DYNAMIC DIVD COM SH BEN INT 00326L100 68,605 7,840,586 SH   SOLE   7,840,586 0 0
ADAM NAT RES FD INC COM 00548F105 2,677 133,263 SH   SOLE   133,263 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 29,502 1,913,227 SH   SOLE   1,913,227 0 0
ADVENT CLAY CONV SEC INC FD COM 007639107 280 50,000 SH   SOLE   50,000 0 0
ALLIANCEBERNSTEIN NATL MUNI COM 01864U106 3,202 253,700 SH   SOLE   253,700 0 0
ALLIANZGI NFJ DIVID INT & PR COM 01883A107 8,662 686,356 SH   SOLE   686,356 0 0
ASIA PAC FD INC COM 044901106 5,096 368,181 SH   SOLE   368,181 0 0
BLACKROCK ENH CAP & INC FD I COM 09256A109 10,138 625,020 SH   SOLE   625,020 0 0
BLACKROCK ENHANCED EQT DIV T COM 09251A104 6,819 742,785 SH   SOLE   742,785 0 0
BLACKROCK ENHANCED GBL DIV T COM 092501105 33,440 3,007,185 SH   SOLE   3,007,185 0 0
BLACKROCK ENHANCED GOVT FD I COM 09255K108 9,768 752,747 SH   SOLE   752,747 0 0
BLACKROCK ENHANCED INTL DIV COM BENE INTER 092524107 21,015 3,661,071 SH   SOLE   3,661,071 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 457 35,000 SH   SOLE   35,000 0 0
BLACKROCK INCOME TR INC COM 09247F100 9,433 1,617,930 SH   SOLE   1,617,930 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 3,668 277,704 SH   SOLE   277,704 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 45,912 4,942,102 SH   SOLE   4,942,102 0 0
BRANDYWINEGBL GLBAL INM OPRT COM 10537L104 5,602 490,939 SH   SOLE   490,939 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 16,272 2,158,062 SH   SOLE   2,158,062 0 0
CENTRAL SECS CORP COM 155123102 9,364 336,101 SH   SOLE   336,101 0 0
CHINA FD INC COM 169373107 9,168 438,676 SH   SOLE   438,676 0 0
DELAWARE ENHANCED GBL DIV & COM 246060107 1,252 110,477 SH   SOLE   110,477 0 0
DEUTSCHE MULTI-MKT INCOME TR SHS 25160E102 3,307 375,397 SH   SOLE   375,397 0 0
DEUTSCHE MUN INCOME COM 25160C106 2,713 246,200 SH   SOLE   246,200 0 0
DEUTSCHE STRATEGIC INCOME TR SHS 25160F109 562 45,920 SH   SOLE   45,920 0 0
DUFF & PHELPS UTIL CORP BD T COM 26432K108 10,903 1,247,427 SH   SOLE   1,247,427 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 15,733 1,250,617 SH   SOLE   1,250,617 0 0
EATON VANCE MUN BD FD COM 27827X101 8,804 745,463 SH   SOLE   745,463 0 0
EATON VANCE MUNI INCOME TRUS SH BEN INT 27826U108 3,134 264,700 SH   SOLE   264,700 0 0
EATON VANCE SH TM DR DIVR IN COM 27828V104 467 35,900 SH   SOLE   35,900 0 0
EUROPEAN EQUITY FUND COM 298768102 12,890 1,372,732 SH   SOLE   1,372,732 0 0
FIRST TR DYNAMIC EUROPE EQT COM SHS 33740D107 5,678 351,827 SH   SOLE   351,827 0 0
FIRST TR/ABERDEEN EMERG OPT COM 33731K102 2,998 220,089 SH   SOLE   220,089 0 0
FIRST TRUST MORTGAGE INCM FD COM SHS 33734E103 6,718 499,962 SH   SOLE   499,962 0 0
GABELLI EQUITY TR INC COM 362397101 1,881 300,405 SH   SOLE   300,405 0 0
GABELLI GLOBL UTIL & INCOME COM SH BEN INT 36242L105 1,326 71,156 SH   SOLE   71,156 0 0
GENERAL AMERN INVS INC COM 368802104 16,080 468,543 SH   SOLE   468,543 0 0
HANCOCK JOHN INCOME SECS TR COM 410123103 7,821 583,666 SH   SOLE   583,666 0 0
HANCOCK JOHN INVS TR COM 410142103 3,134 196,375 SH   SOLE   196,375 0 0
INDIA FD INC COM 454089103 1,194 49,199 SH   SOLE   49,199 0 0
INVESCO BD FD COM 46132L107 1,047 58,402 SH   SOLE   58,402 0 0
ISHARES INC MSCI AUST ETF 464286103 87,272 3,859,902 SH   SOLE   3,859,902 0 0
ISHARES INC MSCI EURZONE ETF 464286608 78,726 1,919,680 SH   SOLE   1,919,680 0 0
ISHARES INC MSCI FRANCE ETF 464286707 50,784 1,663,974 SH   SOLE   1,663,974 0 0
ISHARES INC MSCI SWITZERLAND 464286749 15,686 481,451 SH   SOLE   481,451 0 0
ISHARES INC MSCI GERMANY ETF 464286806 69,607 2,321,776 SH   SOLE   2,321,776 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 208,156 3,594,478 SH   SOLE   3,594,478 0 0
ISHARES TR CORE US AGGBD ET 464287226 74,323 699,050 SH   SOLE   699,050 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 58,672 572,350 SH   SOLE   572,350 0 0
ISHARES TR MBS ETF 464288588 43,328 415,900 SH   SOLE   415,900 0 0
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 49,875 4,277,420 SH   SOLE   4,277,420 0 0
KOREA FD COM NEW 500634209 17,857 466,673 SH   SOLE   466,673 0 0
LATIN AMERN DISCOVERY FD INC COM 51828C106 1,939 202,191 SH   SOLE   202,191 0 0
LAZARD GLB TTL RET&INCM FD I COM 52106W103 6,957 378,941 SH   SOLE   378,941 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 30,093 4,702,080 SH   SOLE   4,702,080 0 0
MACQUARIE GLBL INFRA TOTL RE COM 55608D101 11,752 521,379 SH   SOLE   521,379 0 0
MEXICO EQUITY & INCOME FD COM 592834105 2,809 271,813 SH   SOLE   271,813 0 0
MEXICO FD INC COM 592835102 2,677 176,820 SH   SOLE   176,820 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 8,437 1,063,901 SH   SOLE   1,063,901 0 0
MFS GOVT MKTS INCOME TR SH BEN INT 552939100 6,717 1,492,720 SH   SOLE   1,492,720 0 0
MFS INTER INCOME TR SH BEN INT 55273C107 24,957 6,465,452 SH   SOLE   6,465,452 0 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 6,447 1,141,072 SH   SOLE   1,141,072 0 0
MORGAN STANLEY ASIA PAC FD I COM 61744U106 19,823 1,160,594 SH   SOLE   1,160,594 0 0
MORGAN STANLEY CHINA A SH FD COM 617468103 27,834 1,205,992 SH   SOLE   1,205,992 0 0
MORGAN STANLEY EMER MKTS FD COM 61744G107 15,778 971,524 SH   SOLE   971,524 0 0
NEW GERMANY FD INC COM 644465106 18,985 1,040,832 SH   SOLE   1,040,832 0 0
NEW IRELAND FUND INC COM 645673104 5,140 440,085 SH   SOLE   440,085 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 6,881 528,897 SH   SOLE   528,897 0 0
NUVEEN MULTI MKT INCOME FD COM 67075J107 5,221 745,615 SH   SOLE   745,615 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 5,484 412,364 SH   SOLE   412,364 0 0
NUVEEN REAL ESTATE INCOME FD COM 67071B108 1,157 115,800 SH   SOLE   115,800 0 0
NUVEEN SELECT TAX FREE INCM SH BEN INT 67062F100 1,700 118,910 SH   SOLE   118,910 0 0
NUVEEN SELECT TAX FREE INCM SH BEN INT 67063C106 1,207 88,243 SH   SOLE   88,243 0 0
NUVEEN SELECT TAX FREE INCM SH BEN INT 67063X100 1,121 77,398 SH   SOLE   77,398 0 0
PGIM GLOBAL SHORT DURATION H COM 69346J106 5,106 373,800 SH   SOLE   373,800 0 0
PGIM SHORT DURATION HIGH YIE COM 69346H100 8,047 574,778 SH   SOLE   574,778 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 2,352 223,776 SH   SOLE   223,776 0 0
ROYCE MICRO-CAP TR INC COM 780915104 278 27,832 SH   SOLE   27,832 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 1,542 18,475 SH   SOLE   18,475 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 2,016 28,150 SH   SOLE   28,150 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 3,650 52,545 SH   SOLE   52,545 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 39,992 147,420 SH   SOLE   147,420 0 0
SPROTT FOCUS TR INC COM 85208J109 9,229 1,180,207 SH   SOLE   1,180,207 0 0
SWISS HELVETIA FD INC COM 870875101 33,678 2,726,943 SH   SOLE   2,726,943 0 0
TAIWAN FD INC COM 874036106 7,558 375,449 SH   SOLE   375,449 0 0
TEMPLETON DRAGON FD INC COM 88018T101 14,334 672,628 SH   SOLE   672,628 0 0
TEMPLETON EMERGING MKTS FD I COM 880191101 19,126 1,300,234 SH   SOLE   1,300,234 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 3,687 600,476 SH   SOLE   600,476 0 0
THE CENTRAL AND EASTERN EU I COM 153436100 7,323 315,909 SH   SOLE   315,909 0 0
TRI CONTL CORP COM 895436103 6,592 248,670 SH   SOLE   248,670 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 27,207 484,708 SH   SOLE   484,708 0 0
VOYA ASIA PAC DIVID EQUITY I COM 92912J102 2,030 202,959 SH   SOLE   202,959 0 0
VOYA EMERGING MKTS HIGH DIVI COM 92912P108 12,967 1,610,858 SH   SOLE   1,610,858 0 0
WELLS FARGO GLOBAL DIVIDEND COM 94987C103 1,234 220,818 SH   SOLE   220,818 0 0
WESTERN ASSET EMRG MKT DEBT COM 95766A101 5,161 388,887 SH   SOLE   388,887 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 3,630 216,719 SH   SOLE   216,719 0 0
WESTERN ASSET HIGH INCM FD I COM 95766J102 2,424 376,400 SH   SOLE   376,400 0 0
WESTERN ASSET HIGH INCM OPP COM 95766K109 1,376 285,400 SH   SOLE   285,400 0 0
WESTERN ASSET PREMIER BD FD SHS BEN INT 957664105 9,664 766,987 SH   SOLE   766,987 0 0
WESTERN ASST INFLTN LKD INM COM SH BEN INT 95766Q106 17,782 1,555,713 SH   SOLE   1,555,713 0 0
WESTERN AST INFL LKD OPP & I COM 95766R104 28,476 2,553,900 SH   SOLE   2,553,900 0 0