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 151 35,000 SH   SOLE   35,000 0 0
ADVENT CLAY CONV SEC INC FD COM 007639107 307 54,912 SH   SOLE   54,912 0 0
ALLIANCEBERNSTEIN GBL HGH IN COM 01879R106 840 72,774 SH   SOLE   72,774 0 0
ALLIANCEBERNSTEIN NATL MUNI COM 01864U106 9,169 726,523 SH   SOLE   726,523 0 0
ABERDEEN GLOBAL PREMIER PPTY COM SBI 00302L108 51 8,000 SH   SOLE   8,000 0 0
ARES DYNAMIC CR ALLOCATION F COM 04014F102 2,521 156,652 SH   SOLE   156,652 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 1,302 124,479 SH   SOLE   124,479 0 0
BLACKROCK DEBT STRAT FD INC COM NEW 09255R202 209 18,705 SH   SOLE   18,705 0 0
BLACKROCK INVT QUALITY MUN T COM 09247D105 6,275 445,990 SH   SOLE   445,990 0 0
BLACKROCK LONG-TERM MUNI ADV COM 09250B103 333 29,523 SH   SOLE   29,523 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 4,367 330,564 SH   SOLE   330,564 0 0
BLACKROCK MUNIASSETS FD INC COM 09254J102 1,575 119,083 SH   SOLE   119,083 0 0
BLACKROCK MUNIENHANCED FD IN COM 09253Y100 8,634 819,925 SH   SOLE   819,925 0 0
BLACKROCK MUNIHOLDINGS FD IN COM 09253N104 1,727 110,652 SH   SOLE   110,652 0 0
BLACKROCK MUNIHLDS INVSTM QL COM 09254P108 9,495 734,377 SH   SOLE   734,377 0 0
BLACKROCK MUNIHLDNGS QLTY II COM 09254C107 4,913 401,711 SH   SOLE   401,711 0 0
BLACKROCK MUNIVEST FD II INC COM 09253T101 715 51,026 SH   SOLE   51,026 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 5,417 618,407 SH   SOLE   618,407 0 0
BLACKROCK MUNIYIELD FD INC COM 09253W104 8,141 611,216 SH   SOLE   611,216 0 0
BLACKROCK MUNIYLD MICH QLTY COM 09254V105 2,870 218,903 SH   SOLE   218,903 0 0
BLACKROCK MUNIYIELD NY QLTY COM 09255E102 1,130 94,070 SH   SOLE   94,070 0 0
BLACKROCK MUNIY QUALITY FD I COM 09254G108 5,655 466,975 SH   SOLE   466,975 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 15,093 1,197,877 SH   SOLE   1,197,877 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254F100 3,414 244,412 SH   SOLE   244,412 0 0
BLACKROCK MUNICIPL INC QLTY COM 092479104 4,611 354,995 SH   SOLE   354,995 0 0
BLACKROCK MUNICIPAL BOND TR COM 09248F109 6,523 506,040 SH   SOLE   506,040 0 0
BLACKROCK STRATEGIC MUN TR COM 09248T109 646 51,195 SH   SOLE   51,195 0 0
BLACKSTONE GSO STRATEGIC CR COM SHS BEN IN 09257R101 3,340 211,233 SH   SOLE   211,233 0 0
BLACKSTONE GSO LNG SHRT CR I COM SHS BN INT 09257D102 157 9,557 SH   SOLE   9,557 0 0
BROOKFIELD REAL ASSETS INCOM SH BEN INT 112830104 2,268 99,894 SH   SOLE   99,894 0 0
DTF TAX-FREE INCOME INC COM 23334J107 1,600 119,996 SH   SOLE   119,996 0 0
DEUTSCHE MUN INCOME COM 25160C106 10,464 949,541 SH   SOLE   949,541 0 0
DEUTSCHE STRATEGIC MUN COM 25159F102 3,397 312,230 SH   SOLE   312,230 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 2,239 111,990 SH   SOLE   111,990 0 0
DOUBLELINE OPPORTUNISTIC CR COM 258623107 1,729 82,837 SH   SOLE   82,837 0 0
DREYFUS MUN BD INFRSTRCTR FD SHS 26203D101 6,053 485,053 SH   SOLE   485,053 0 0
DREYFUS MUN INCOME INC COM 26201R102 4,114 504,756 SH   SOLE   504,756 0 0
DREYFUS STRATEGIC MUN BD FD COM 26202F107 4,691 619,702 SH   SOLE   619,702 0 0
DREYFUS STRATEGIC MUNS INC COM 261932107 9,489 1,237,137 SH   SOLE   1,237,137 0 0
EATON VANCE CALIF MUN BD FD COM 27828A100 1,646 159,354 SH   SOLE   159,354 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 1,380 109,715 SH   SOLE   109,715 0 0
EATON VANCE MUN BD FD COM 27827X101 11,682 989,160 SH   SOLE   989,160 0 0
EATON VANCE MUNI INCOME TRUS SH BEN INT 27826U108 6,126 517,427 SH   SOLE   517,427 0 0
EATON VANCE SH TM DR DIVR IN COM 27828V104 957 73,484 SH   SOLE   73,484 0 0
FEDERATED PREM MUN INC FD COM 31423P108 3,895 293,747 SH   SOLE   293,747 0 0
FIRST TR INTER DUR PFD & IN COM 33718W103 248 11,500 SH   SOLE   11,500 0 0
FLAHERTY & CRUMRINE PFD INC COM 338480106 587 43,372 SH   SOLE   43,372 0 0
FLAHERTY & CRUMRINE PFD INC COM 33848E106 554 51,547 SH   SOLE   51,547 0 0
FLAHERTY&CRMN PFD SEC INCOM COM 338478100 2,827 149,415 SH   SOLE   149,415 0 0
FLAHERTY & CRUMRINE TOTAL RE COM 338479108 453 23,235 SH   SOLE   23,235 0 0
INVESCO ADVANTAGE MUNICIPAL SH BEN INT 46132E103 7,508 704,309 SH   SOLE   704,309 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 1,676 144,194 SH   SOLE   144,194 0 0
INVESCO MUN OPPORTUNITY TR COM 46132C107 6,892 587,076 SH   SOLE   587,076 0 0
INVESCO MUN TR COM 46131J103 5,562 470,577 SH   SOLE   470,577 0 0
INVESCO PA VALUE MUN INCOME COM 46132K109 1,291 107,839 SH   SOLE   107,839 0 0
INVESCO QUALITY MUNI INC TRS COM 46133G107 7,937 665,880 SH   SOLE   665,880 0 0
INVESCO SR INCOME TR COM 46131H107 656 153,231 SH   SOLE   153,231 0 0
INVESCO TR INVT GRADE MUNS COM 46131M106 3,902 315,410 SH   SOLE   315,410 0 0
INVESCO VALUE MUN INCOME TR COM 46132P108 3,620 256,161 SH   SOLE   256,161 0 0
HANCOCK JOHN INVS TR COM 410142103 1,250 78,306 SH   SOLE   78,306 0 0
KKR INCOME OPPORTUNITIES FD COM 48249T106 3,158 190,696 SH   SOLE   190,696 0 0
KAYNE ANDERSON MLP INVT CO COM 486606106 57 3,000 SH   SOLE   3,000 0 0
MFS MUN INCOME TR SH BEN INT 552738106 3,166 480,360 SH   SOLE   480,360 0 0
NEUBERGER BERMAN HGH YLD FD COM 64128C106 3,128 289,112 SH   SOLE   289,112 0 0
NEUBERGER BERMAN INTER MUNI COM 64124P101 4,401 322,857 SH   SOLE   322,857 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 9,753 749,634 SH   SOLE   749,634 0 0
NUVEEN CA QUALTY MUN INCOME COM 67066Y105 4,862 363,937 SH   SOLE   363,937 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 767 96,480 SH   SOLE   96,480 0 0
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 843 80,953 SH   SOLE   80,953 0 0
NUVEEN MUN HIGH INCOME OPP F COM 670682103 4,528 357,361 SH   SOLE   357,361 0 0
NUVEEN NEW JERSEY QULT MUN F COM 67069Y102 4,060 311,141 SH   SOLE   311,141 0 0
NUVEEN NEW YORK AMT QLT MUNI COM 670656107 1,279 104,575 SH   SOLE   104,575 0 0
NUVEEN OHIO QLTY MUN INCOME COM 670980101 641 46,103 SH   SOLE   46,103 0 0
NUVEEN PENNSYLVANIA QLT MUN COM 670972108 2,205 174,612 SH   SOLE   174,612 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 14,985 1,126,710 SH   SOLE   1,126,710 0 0
NUVEEN REAL ASSET INM AND GW COM 67074Y105 881 54,491 SH   SOLE   54,491 0 0
NUVEEN TEXAS QLTY MUN INCME COM 670983105 578 45,200 SH   SOLE   45,200 0 0
PIMCO DYNAMIC CR INCOME FD COM SHS 72202D106 3,279 139,107 SH   SOLE   139,107 0 0
PROSHARES TR SHRT 20+YR TRE 74347X849 91 4,000 SH   SOLE   4,000 0 0
PROSHARES TR SHT 7-10 YR TR 74348A608 116 4,000 SH   SOLE   4,000 0 0
PROSHARES TR SHORT S&P 500 NE 74347B425 249 8,480 SH   SOLE   8,480 0 0
PIONEER DIV HIGH INCOME TRUS COM 723653101 2,920 200,385 SH   SOLE   200,385 0 0
PIONEER HIGH INCOME TR COM 72369H106 3,885 418,240 SH   SOLE   418,240 0 0
PIONEER MUN HIGH INCOME ADV COM 723762100 3,289 300,350 SH   SOLE   300,350 0 0
PIONEER MUN HIGH INCOME TR COM SHS 723763108 5,631 493,042 SH   SOLE   493,042 0 0
PRINCIPAL REAL ESTATE INCOME SH BEN INT 74255X104 2,179 122,759 SH   SOLE   122,759 0 0
PROSHARES TR PSHS SHORT DOW30 74347B235 165 2,750 SH   SOLE   2,750 0 0
PGIM SHORT DURATION HIGH YIE COM 69346H100 3,185 227,514 SH   SOLE   227,514 0 0
PUTNAM MANAGED MUN INCOM TR COM 746823103 8,273 1,168,464 SH   SOLE   1,168,464 0 0
PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 7,140 611,271 SH   SOLE   611,271 0 0
REAVES UTIL INCOME FD COM SH BEN INT 756158101 2,552 88,282 SH   SOLE   88,282 0 0
VANECK VECTORS ETF TR HIGH YLD MUN ETF 92189F361 3,023 96,047 SH   SOLE   96,047 0 0
WELLS FARGO INCOME OPPORTUNI COM SHS 94987B105 1,679 210,109 SH   SOLE   210,109 0 0
WESTERN ASSET EMRG MKT DEBT COM 95766A101 789 59,422 SH   SOLE   59,422 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 366 40,099 SH   SOLE   40,099 0 0
WESTERN ASSET HIGH INCM FD I COM 95766J102 3,678 571,068 SH   SOLE   571,068 0 0
WESTERN ASSET HIGH INCM OPP COM 95766K109 96 20,000 SH   SOLE   20,000 0 0
WESTERN ASSET INTM MUNI FD I COM 958435109 1,791 206,550 SH   SOLE   206,550 0 0
WESTERN ASST MNGD MUN FD INC COM 95766M105 2,123 167,458 SH   SOLE   167,458 0 0
WESTERN ASSET PREMIER BD FD SHS BEN INT 957664105 2,483 197,088 SH   SOLE   197,088 0 0