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

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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 GLOBAL DYNAMIC DIVI COM 00302M106 4,439 429,278 SH   SOLE   409,577 0 19,701
ABERDEEN TOTAL DYNAMIC DIVD COM SH BEN INT 00326L100 1,104 125,764 SH   SOLE   96,573 0 29,191
ADAMS DIVERSIFIED EQUITY FD COM 006212104 4,155 249,246 SH   SOLE   228,652 0 20,594
ADVENT CLAYMORE CV SECS & IN COM 00764C109 1,941 123,848 SH   SOLE   113,225 0 10,623
ALLIANZGI CON INCM 2024 TARG COM 01883H102 3,265 354,898 SH   SOLE   304,487 0 50,411
ALLIANZGI NFJ DIVID INT & PR COM 01883A107 564 43,073 SH   SOLE   36,755 0 6,318
APOLLO SR FLOATING RATE FD I COM 037636107 645 40,389 SH   SOLE   37,180 0 3,209
APOLLO TACTICAL INCOME FD IN COM 037638103 2,002 128,910 SH   SOLE   120,239 0 8,671
ARES DYNAMIC CR ALLOCATION F COM 04014F102 2,365 152,259 SH   SOLE   127,827 0 24,432
BLACKROCK 2022 GBL INCM OPP COM 09258P104 1,637 182,891 SH   SOLE   168,358 0 14,533
BLACKROCK CORPOR HI YLD FD I COM 09255P107 373 35,502 SH   SOLE   33,101 0 2,401
BLACKROCK DEBT STRAT FD INC COM NEW 09255R202 1,996 179,151 SH   SOLE   147,675 0 31,476
BLACKROCK ENH CAP & INC FD I COM 09256A109 1,797 104,498 SH   SOLE   96,989 0 7,509
BLACKROCK ENHANCED EQT DIV T COM 09251A104 269 28,314 SH   SOLE   24,744 0 3,570
BLACKROCK ENHANCED GBL DIV T COM 092501105 2,773 252,346 SH   SOLE   245,304 0 7,042
BLACKROCK ENHANCED INTL DIV COM BENE INTER 092524107 207 36,210 SH   SOLE   32,420 0 3,790
BLACKROCK FLOAT RATE OME STR COM 09255X100 896 64,975 SH   SOLE   64,975 0 0
BLACKROCK LTD DURATION INC T COM SHS 09249W101 2,969 199,368 SH   SOLE   184,483 0 14,885
BLACKROCK MULTI-SECTOR INC T COM 09258A107 2,272 134,259 SH   SOLE   128,594 0 5,665
BLACKSTONE GSO LNG SHRT CR I COM SHS BN INT 09257D102 1,189 74,332 SH   SOLE   71,128 0 3,204
BOULDER GROWTH & INCOME FD I COM 101507101 9,777 872,190 SH   SOLE   827,872 0 44,318
CBRE CLARION GLOBAL REAL EST COM 12504G100 199 27,300 SH   SOLE   27,300 0 0
CENTRAL SECS CORP COM 155123102 8,910 302,050 SH   SOLE   284,454 0 17,596
CHINA FD INC COM 169373107 826 42,145 SH   SOLE   32,209 0 9,936
CLOUGH GLOBAL DIVND AND INC COM 18913Y103 2,414 199,864 SH   SOLE   198,556 0 1,308
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 108 10,000 SH   SOLE   10,000 0 0
COHEN & STEERS GLOBAL INC BL COM 19248M103 1,574 168,884 SH   SOLE   166,754 0 2,130
COHEN & STEERS LTD DUR PFD I COM 19248C105 357 15,000 SH   SOLE   8,656 0 6,344
CREDIT SUISSE ASSET MGMT INC COM 224916106 342 107,859 SH   SOLE   94,104 0 13,755
DEUTSCHE MULTI-MKT INCOME TR SHS 25160E102 1,492 166,193 SH   SOLE   139,306 0 26,887
DEUTSCHE STRATEGIC INCOME TR SHS 25160F109 289 22,973 SH   SOLE   17,981 0 4,992
DREYFUS ALCENTRA GBL CR INCO COM 26189A105 3,864 429,330 SH   SOLE   394,223 0 35,107
DUFF & PHELPS UTIL CORP BD T COM 26432K108 633 75,390 SH   SOLE   60,704 0 14,686
EAGLE GRWTH & INCOME OPPTY F COM SHS BEN IN 26958j105 1,637 107,779 SH   SOLE   92,084 0 15,695
EATON VANCE FLTG RATE INCOM COM SHS BEN INT 278284104 1,006 63,608 SH   SOLE   56,824 0 6,784
EATON VANCE LTD DUR INCOME F COM 27828H105 4,320 340,662 SH   SOLE   313,179 0 27,483
EATON VANCE SH TM DR DIVR IN COM 27828V104 1,369 106,078 SH   SOLE   96,091 0 9,987
EATON VANCE SR FLTNG RTE TR COM 27828Q105 346 24,611 SH   SOLE   24,611 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 2,258 350,069 SH   SOLE   343,061 0 7,008
EATON VANCE TAX ADV BD OPT S COM SH BEN INT 27829M103 793 90,207 SH   SOLE   75,329 0 14,878
EATON VANCE TX ADV GLBL DIV COM 27828S101 705 39,384 SH   SOLE   25,095 0 14,289
EATON VANCE TX MGD DIV EQ IN COM 27828N102 194 15,147 SH   SOLE   15,147 0 0
EUROPEAN EQUITY FUND COM 298768102 2,399 255,475 SH   SOLE   238,606 0 16,869
FIRST TR ABERDEEN GLBL OPP F COM SHS 337319107 1,664 173,141 SH   SOLE   151,581 0 21,560
FIRST TR DYNAMIC EUROPE EQT COM SHS 33740d107 1,871 118,573 SH   SOLE   114,583 0 3,990
FIRST TR ENHANCED EQTY INC F COM 337318109 2,369 148,032 SH   SOLE   130,752 0 17,280
FIRST TR HIGH INCOME L/S FD COM 33738E109 1,967 133,339 SH   SOLE   126,252 0 7,087
FIRST TR INTER DUR PFD & IN COM 33718W103 212 9,842 SH   SOLE   9,842 0 0
FIRST TR SR FLG RTE INCM FD COM 33733U108 906 71,243 SH   SOLE   65,037 0 6,206
FIRST TR SR FLOATING RATE 20 COM SHS 33740K101 633 68,098 SH   SOLE   46,379 0 21,719
FRANKLIN UNVL TR SH BEN INT 355145103 1,493 224,442 SH   SOLE   196,732 0 27,710
GABELLI DIVD & INCOME TR COM 36242H104 5,548 232,115 SH   SOLE   212,428 0 19,687
GABELLI EQUITY TR INC COM 362397101 2,285 352,700 SH   SOLE   345,819 0 6,881
GABELLI GLB SML & MD CP VAL COM 36249W104 1,393 114,243 SH   SOLE   108,408 0 5,835
GENERAL AMERN INVS INC COM 368802104 6,551 177,205 SH   SOLE   158,796 0 18,409
GUGGENHEIM ENHNCD EQTY INCM COM 40167B100 370 42,100 SH   SOLE   33,316 0 8,784
HANCOCK JOHN INV TRUST TAX ADV GLB SH 41013P749 1,014 136,657 SH   SOLE   105,096 0 31,561
HANCOCK JOHN INVS TR COM 410142103 1,127 70,034 SH   SOLE   64,113 0 5,921
HANCOCK JOHN TAX-ADV DIV INC COM 41013V100 705 30,231 SH   SOLE   29,755 0 476
HERZFELD CARIBBEAN BASIN FD COM 42804T106 757 117,835 SH   SOLE   112,524 0 5,311
INVESCO DYNAMIC CR OPP FD COM 46132R104 941 82,045 SH   SOLE   78,725 0 3,320
INVESCO SR INCOME TR COM 46131H107 340 79,179 SH   SOLE   77,433 0 1,746
IVY HIGH INC OPPORTUNITIES F COM 465893105 4,061 284,771 SH   SOLE   253,287 0 31,484
JOHN HANCOCK HDG EQ & INC FD COM 47804L102 1,317 83,555 SH   SOLE   78,230 0 5,325
KKR INCOME OPPORTUNITIES FD COM 48249T106 1,518 92,480 SH   SOLE   68,181 0 24,299
LAZARD GLB TTL RET&INCM FD I COM 52106W103 1,612 90,792 SH   SOLE   84,875 0 5,917
LAZARD WORLD DIVID & INCOME COM 521076109 554 53,096 SH   SOLE   47,327 0 5,769
LIBERTY ALL-STAR GROWTH FD I COM 529900102 113 17,781 SH   SOLE   17,781 0 0
MADISON CVRED CALL & EQ STR COM 557437100 184 23,944 SH   SOLE   23,602 0 342
MADISON STRTG SECTOR PREM FD COM 558268108 732 61,545 SH   SOLE   61,545 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 146 18,850 SH   SOLE   16,712 0 2,138
MORGAN STANLEY CHINA A SH FD COM 617468103 614 28,584 SH   SOLE   27,062 0 1,522
MORGAN STANLEY EMER MKTS FD COM 61744G107 279 17,892 SH   SOLE   17,892 0 0
NEUBERGER BERMAN HGH YLD FD COM 64128C106 3,191 291,387 SH   SOLE   264,151 0 27,236
NEW GERMANY FD INC COM 644465106 3,117 171,244 SH   SOLE   164,161 0 7,083
NEW IRELAND FUND INC COM 645673104 1,311 124,137 SH   SOLE   101,652 0 22,485
NUVEEN CORE EQUITY ALPHA FUN COM 67090X107 187 11,965 SH   SOLE   11,965 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 291 36,563 SH   SOLE   35,172 0 1,391
NUVEEN DIVERSIFIED DIV INCM COM 6706EP105 380 34,841 SH   SOLE   27,034 0 7,807
NUVEEN FLOATING RATE INCOME COM 67072T108 666 64,109 SH   SOLE   40,847 0 23,262
NUVEEN GLOBAL HIGH INCOME FD SHS 67075G103 778 49,896 SH   SOLE   45,005 0 4,891
NUVEEN NASDAQ 100 DYNAMIC OV COM SHS 670699107 4,037 167,978 SH   SOLE   164,401 0 3,577
NUVEEN PFD & INCM OPPORTNYS COM 67073B106 159 17,100 SH   SOLE   17,100 0 0
NUVEEN PFD & INCOME 2022 TER COM 67075T105 233 10,200 SH   SOLE   10,200 0 0
NUVEEN PFD & INCOME TERM FD COM 67075A106 229 10,104 SH   SOLE   3,884 0 6,220
NUVEEN S&P 500 DYN OVERWRITE COM 6706EW100 953 56,366 SH   SOLE   52,591 0 3,775
NUVEEN SR INCOME FD COM 67067Y104 2,994 485,994 SH   SOLE   427,049 0 58,945
NUVEEN TAX ADVANTAGED DIV GR COM 67073G105 988 55,744 SH   SOLE   51,750 0 3,994
PGIM GLOBAL SHORT DURATION H COM 69346J106 962 69,394 SH   SOLE   53,277 0 16,117
PGIM SHORT DURATION HIGH YIE COM 69346H100 1,110 78,523 SH   SOLE   76,005 0 2,518
PIONEER DIV HIGH INCOME TRUS COM 723653101 1,889 129,202 SH   SOLE   122,329 0 6,873
PIONEER FLOATING RATE TR COM 72369J102 3,240 293,758 SH   SOLE   252,207 0 41,551
PIONEER HIGH INCOME TR COM 72369H106 927 100,131 SH   SOLE   99,466 0 665
PRINCIPAL REAL ESTATE INCOME SHS BEN INT 74255X104 339 19,645 SH   SOLE   19,645 0 0
PUTNAM MASTER INTER INCOME T SH BEN INT 746909100 536 118,487 SH   SOLE   114,929 0 3,558
RIVERNORTH DOUBLELINE STRATE COM 76882G107 268 15,837 SH   SOLE   15,837 0 0
RIVERNORTH OPPRTUNITIES FD I COM 76881y109 230 12,263 SH   SOLE   12,263 0 0
RMR REAL ESTATE INCOME FUND COM 76970B101 255 14,156 SH   SOLE   13,395 0 761
ROYCE GLOBAL VALUE TR INC COM 78081T104 1,643 156,313 SH   SOLE   142,098 0 14,215
ROYCE MICRO-CAP TR INC COM 780915104 328 32,104 SH   SOLE   17,028 0 15,076
SOURCE CAP INC COM 836144105 10,286 255,882 SH   SOLE   238,292 0 17,590
SPECIAL OPPORTUNITIES FD INC COM 84741T104 6,514 433,433 SH   SOLE   408,906 0 24,527
SPECIAL OPPORTUNITIES FD INC PFD CONV SE B 84741T302 931 36,515 SH   SOLE   33,506 0 3,009
SPROTT FOCUS TR INC COM 85208J109 6,162 834,958 SH   SOLE   768,820 0 66,138
SWISS HELVETIA FD INC COM 870875101 226 26,511 SH   SOLE   26,077 0 434
TEKLA HEALTHCARE INVS SH BEN INT 87911J103 599 25,870 SH   SOLE   24,818 0 1,052
TEMPLETON DRAGON FD INC COM 88018T101 595 29,854 SH   SOLE   29,854 0 0
THL CR SR LN FD COM 87244R103 708 42,566 SH   SOLE   39,494 0 3,072
TRI CONTL CORP COM 895436103 9,553 342,780 SH   SOLE   325,362 0 17,418
VIRTUS GLOBAL MULTI-SEC INC COM 92829B101 1,878 142,068 SH   SOLE   128,964 0 13,104
VOYA ASIA PAC DIVID EQUITY I COM 92912J102 369 38,661 SH   SOLE   24,684 0 13,977
VOYA EMERGING MKTS HIGH DIVI COM 92912P108 403 49,936 SH   SOLE   49,936 0 0
VOYA GLBL ADV & PREM OPP FD COM 92912R104 1,095 95,685 SH   SOLE   93,498 0 2,187
VOYA GLBL EQTY DIV & PREM OP COM 92912T100 2,044 279,221 SH   SOLE   276,582 0 2,639
VOYA INTL HIGH DIVID EQTY IN COM 92912Y109 221 34,658 SH   SOLE   34,658 0 0
WELLS FARGO GLOBAL DIVIDEND COM 94987C103 367 69,286 SH   SOLE   69,286 0 0
WELLS FARGO INCOME OPPORTUNI WF INC OPPTY FD 94987B105 2,631 332,210 SH   SOLE   298,407 0 33,803
WELLS FARGO MULTI SECTOR INC COM 94987D101 586 48,169 SH   SOLE   48,169 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 2,514 276,012 SH   SOLE   269,449 0 6,563
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 520 32,127 SH   SOLE   25,417 0 6,710
WESTERN ASSET HIGH INCM FD I COM 95766J102 2,211 348,715 SH   SOLE   297,948 0 50,767
WESTERN ASSET HIGH INCM OPP COM 95766K109 850 178,591 SH   SOLE   160,661 0 17,930