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 TOTAL DYNAMIC DIVD COM SH BEN INT 00326L100 72,537 8,289,924 SH   SOLE   7,945,864 0 344,060
ADVENT CLAY CONV SEC INC FD COM 007639107 529 94,624 SH   SOLE   94,624 0 0
ADVENT CLAYMORE CV SECS & IN COM 00764C109 384 25,101 SH   SOLE   25,101 0 0
ADVENT CLAYMORE ENH GRW & IN COM 00765E104 134 17,281 SH   SOLE   17,281 0 0
ALLIANCE CALIF MUN INCOME FD COM 018546101 178 13,535 SH   SOLE   13,535 0 0
ALLIANCEBERNSTEIN GBL HGH IN COM 01879R106 3,675 318,432 SH   SOLE   318,432 0 0
ALLIANZGI NFJ DIVID INT & PR COM 01883A107 22,059 1,747,930 SH   SOLE   1,531,829 0 216,101
ALPHABET INC CAP STK CL A 02079K305 45,846 40,600 SH Put SOLE   40,600 0 0
ALPHABET INC CAP STK CL C 02079K107 13,938 12,493 SH   SOLE   12,493 0 0
APPLE INC COM 037833100 37,022 200,000 SH Put SOLE   200,000 0 0
APPLE INC COM 037833100 9,953 53,767 SH   SOLE   53,767 0 0
AVON PRODS INC COM 054303102 5,568 3,436,757 SH   SOLE   3,436,757 0 0
BANCROFT FUND LTD COM 059695106 349 15,970 SH   SOLE   15,970 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 31,244 2,987,005 SH   SOLE   2,793,110 0 193,895
BLACKROCK CR ALLCTN INC TR COM 092508100 2,553 211,353 SH   SOLE   211,353 0 0
BLACKROCK DEBT STRAT FD INC COM NEW 09255R202 54,688 4,891,563 SH   SOLE   4,891,563 0 0
BRANDYWINEGBL GLBAL INM OPRT COM 10537L104 4,423 388,320 SH   SOLE   388,320 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 4,772 632,953 SH   SOLE   632,953 0 0
CHESAPEAKE ENERGY CORP COM 165167107 4,964 947,281 SH   SOLE   947,281 0 0
CHINA FD INC COM 169373107 2,078 99,443 SH   SOLE   99,443 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 27,267 8,213,005 SH   SOLE   8,213,005 0 0
COMMUNITY HEALTH SYS INC NEW RIGHT 12/31/2019 203668116 20 1,981,077 SH   SOLE   1,981,077 0 0
CONSOLIDATED COMM HLDGS INC COM 209034107 144 11,670 SH   SOLE   11,670 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 560 177,142 SH   SOLE   177,142 0 0
DASEKE INC *W EXP 02/27/202 23753F115 212 198,094 SH   SOLE   198,094 0 0
DBX ETF TR XTRACK HRVST CSI 233051879 236 8,900 SH   SOLE   8,900 0 0
DEAN FOODS CO NEW COM NEW 242370203 23,227 2,210,000 SH Put SOLE   2,210,000 0 0
DEAN FOODS CO NEW COM NEW 242370203 897 85,328 SH   SOLE   85,328 0 0
DELAWARE ENHANCED GBL DIV & COM 246060107 23,022 2,031,918 SH   SOLE   1,964,918 0 67,000
DEUTSCHE MULTI-MKT INCOME TR SHS 25160E102 7,018 796,597 SH   SOLE   796,597 0 0
DEUTSCHE STRATEGIC INCOME TR SHS 25160F109 3,150 256,525 SH   SOLE   256,525 0 0
DIVIDEND & INCOME FUND COM NEW 25538A204 1,657 134,376 SH   SOLE   134,376 0 0
DONNELLEY R R & SONS CO COM 257867200 3,343 581,474 SH   SOLE   581,474 0 0
EATON VANCE CA MUNI INCOME T SH BEN INT 27826F101 610 53,222 SH   SOLE   53,222 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 28,248 2,245,455 SH   SOLE   2,233,455 0 12,000
ELLSWORTH GRWTH AND INCOME L COM 289074106 420 44,542 SH   SOLE   44,542 0 0
ENSCO PLC SHS CLASS A G3157S106 674 92,776 SH   SOLE   92,776 0 0
FIRST TR ABERDEEN GLBL OPP F COM SHS 337319107 162 16,112 SH   SOLE   16,112 0 0
FIRST TR HIGH INCOME L/S FD COM 33738E109 2,839 192,723 SH   SOLE   178,145 0 14,578
FRANKLIN UNVL TR SH BEN INT 355145103 68 10,145 SH   SOLE   10,145 0 0
GENERAL AMERN INVS INC COM 368802104 18,725 545,294 SH   SOLE   545,294 0 0
GENWORTH FINL INC COM CL A 37247D106 19,676 4,372,434 SH   SOLE   4,372,434 0 0
HOSTESS BRANDS INC *W EXP 11/04/202 44109J114 406 238,772 SH   SOLE   238,772 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 41,910 300,000 SH Put SOLE   300,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 15,043 107,683 SH   SOLE   107,683 0 0
INVESCO HIGH INCOME TR II COM 46131F101 10,858 804,871 SH   SOLE   755,516 0 49,355
ISHARES TR IBOXX HI YD ETF 464288513 85,080 1,000,000 SH Put SOLE   1,000,000 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 184,518 1,800,000 SH Call SOLE   1,800,000 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 184,518 1,800,000 SH Put SOLE   1,800,000 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 91,725 894,795 SH   SOLE   894,795 0 0
IVY HIGH INC OPPORTUNITIES F COM 465893105 13,745 959,144 SH   SOLE   939,144 0 20,000
LAZARD WORLD DIVID & INCOME COM 521076109 302 29,148 SH   SOLE   29,148 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 165 25,821 SH   SOLE   25,821 0 0
LINDBLAD EXPEDITIONS HLDGS I *W EXP 07/08/202 535219117 64 23,298 SH   SOLE   23,298 0 0
MBIA INC COM 55262C100 18,876 2,088,100 SH Put SOLE   2,088,100 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 105 13,240 SH   SOLE   0 0 13,240
MORGAN STANLEY EM MKTS DM DE COM 617477104 218 32,545 SH   SOLE   32,545 0 0
MORGAN STANLEY EMER MKTS DEB COM 61744H105 8,814 1,007,319 SH   SOLE   896,323 0 110,996
NEUBERGER BERMAN HGH YLD FD COM 64128C106 6,183 571,468 SH   SOLE   571,468 0 0
NEW AMER HIGH INCOME FD INC COM NEW 641876800 3,108 360,575 SH   SOLE   360,575 0 0
NEW GOLD INC CDA COM 644535106 3,594 1,728,037 SH   SOLE   1,728,037 0 0
NUVEEN CONNECTICUT QLTY MUN COM 67060D107 11,560 973,058 SH   SOLE   973,058 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 35,770 4,499,331 SH   SOLE   4,441,321 0 58,010
OCWEN FINL CORP COM NEW 675746309 645 162,963 SH   SOLE   162,963 0 0
ONEMAIN HLDGS INC COM 68268W103 787 23,649 SH   SOLE   23,649 0 0
PARKER DRILLING CO COM 701081101 6,199 16,313,556 SH   SOLE   16,313,556 0 0
PGIM GLOBAL SHORT DURATION H COM 69346J106 10,873 795,960 SH   SOLE   656,403 0 139,557
PGIM SHORT DURATION HIGH YIE COM 69346H100 2,585 184,654 SH   SOLE   122,866 0 61,788
PIONEER DIV HIGH INCOME TRUS COM 723653101 2,604 178,711 SH   SOLE   178,711 0 0
PIONEER HIGH INCOME TR COM 72369H106 93 10,000 SH   SOLE   10,000 0 0
PITNEY BOWES INC COM 724479100 11,180 1,304,500 SH Put SOLE   1,304,500 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 1,565 96,400 SH Put SOLE   96,400 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 4,773 454,126 SH   SOLE   454,126 0 0
SEARS HLDGS CORP COM 812350106 2,672 1,127,464 SH   SOLE   1,127,464 0 0
SIMPLY GOOD FOODS CO *W EXP 07/07/202 82900L110 124 29,700 SH   SOLE   29,700 0 0
SM ENERGY CO COM 78454L100 2,874 111,891 SH   SOLE   111,891 0 0
SOUTHWESTERN ENERGY CO COM 845467109 2,321 437,994 SH   SOLE   437,994 0 0
STONEMOR PARTNERS L P COM UNITS INT 86183Q100 386 64,000 SH   SOLE   64,000 0 0
SUPERVALU INC COM NEW 868536301 2,538 123,686 SH   SOLE   123,686 0 0
TEMPLETON EMERG MKTS INCOME COM 880192109 62,761 6,111,108 SH   SOLE   5,879,022 0 232,086
TEMPLETON GLOBAL INCOME FD COM 880198106 5,771 939,966 SH   SOLE   939,966 0 0
TESLA INC COM 88160R101 49,728 145,000 SH Put SOLE   145,000 0 0
TEXAS INSTRS INC COM 882508104 33,075 300,000 SH Put SOLE   300,000 0 0
TEXAS INSTRS INC COM 882508104 11,857 107,546 SH   SOLE   107,546 0 0
TRANSOCEAN LTD REG SHS H8817H100 21,716 1,615,800 SH Put SOLE   1,615,800 0 0
WELLS FARGO INCOME OPPORTUNI WF INC OPPTY FD 94987B105 49,982 6,255,613 SH   SOLE   6,177,913 0 77,700
WESTERN ASSET EMRG MKT DEBT COM 95766A101 1,647 124,139 SH   SOLE   124,139 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 19,649 2,154,522 SH   SOLE   2,086,724 0 67,798
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 11,855 812,556 SH   SOLE   674,115 0 138,441
WESTERN ASSET HIGH INCM FD I COM 95766J102 33,795 5,247,746 SH   SOLE   5,138,458 0 109,288
WESTERN ASSET HIGH INCM OPP COM 95766K109 50,203 10,415,552 SH   SOLE   9,939,715 0 475,837
WILLSCOT CORP *W EXP 09/10/202 971375118 301 133,100 SH   SOLE   133,100 0 0
XEROX CORP COM NEW 984121608 3,288 137,000 SH Put SOLE   137,000 0 0
XEROX CORP COM NEW 984121608 2,130 88,734 SH   SOLE   88,734 0 0