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
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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 ASIA-PAC INCOME FD COM 003009107 145 35,000 SH   SOLE   35,000 0 0
ALLIANCE NATIONAL MUNI INC COM 01864U106 5,986 483,166 SH   SOLE   483,166 0 0
ABERDEEN GLBL PREM PROP COM 00302L108 48 8,000 SH   SOLE   8,000 0 0
ARES DYNAMIC CREDIT ALLOCATI COM 04014F102 2,617 168,523 SH   SOLE   168,523 0 0
BLACKROCK CREDIT ALLOCATION COM 092508100 2,203 180,000 SH   SOLE   180,000 0 0
BLACKROCK INVT QUALITY MUNI COM 09247D105 4,994 376,346 SH   SOLE   376,346 0 0
BLACKROCK LNG-TM MUN ADV TST COM 09250B103 432 38,339 SH   SOLE   38,339 0 0
BLACKROCK MUNI INTERM DURATI COM 09253X102 8,902 680,564 SH   SOLE   680,564 0 0
BLACKROCK MUNIASSETS FUND COM 09254J102 1,421 109,531 SH   SOLE   109,531 0 0
BLACKROCK MUNIENHANCED FUND COM 09253Y100 7,914 785,877 SH   SOLE   785,877 0 0
BLACKROCK MUNIHOLDINGS FUND COM 09253N104 1,232 82,582 SH   SOLE   82,582 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254P108 7,854 627,303 SH   SOLE   627,303 0 0
BLACKROCK MUNIHOLDINGS NJ QU COM 09254X101 642 51,102 SH   SOLE   51,102 0 0
BLACKROCK MUNIHOLDINGS QU II COM 09254C107 5,618 465,809 SH   SOLE   465,809 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254A101 1,284 111,067 SH   SOLE   111,067 0 0
BLACKROCK MUNIVEST FUND II COM 09253T101 3,168 238,024 SH   SOLE   238,024 0 0
BLACKROCK MUNIVEST FUND COM 09253R105 5,661 646,947 SH   SOLE   646,947 0 0
BLACKROCK MUNIYIELD CA QUALI COM 09254N103 555 43,364 SH   SOLE   43,364 0 0
BLACKROCK MUNIYIELD FUND COM 09253W104 6,686 509,185 SH   SOLE   509,185 0 0
BLACKROCK MUNIYIELD MI QUALI COM 09254V105 6,038 486,965 SH   SOLE   486,965 0 0
BLACKROCK MUNIYIELD NJ FUND COM 09254Y109 643 49,509 SH   SOLE   49,509 0 0
BLACKROCK MUNIYIELD QUAL II COM 09254G108 5,504 468,793 SH   SOLE   468,793 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254E103 13,128 1,086,761 SH   SOLE   1,086,761 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254F100 5,278 390,356 SH   SOLE   390,356 0 0
BLACKROCK MUNICIPAL INCOME I COM 09250G102 1,181 91,796 SH   SOLE   91,796 0 0
BLACKROCK MUNICIPAL INCOME Q COM 092479104 3,422 267,758 SH   SOLE   267,758 0 0
BLACKROCK MUNICIPAL INC TRST COM 09248F109 6,671 536,220 SH   SOLE   536,220 0 0
BLACKROCK MUN INC TRUST II COM 09249N101 1,017 78,260 SH   SOLE   78,260 0 0
BLACKROCK STRATEGIC MUNICIPL COM 09248T109 1,155 94,349 SH   SOLE   94,349 0 0
BROOKFIELD REAL ASSETS INCOM COM 112830104 2,304 99,894 SH   SOLE   99,894 0 0
DWS MUNICIPAL INCOME TRUST COM 233368109 10,033 956,418 SH   SOLE   956,418 0 0
DWS STRATEGIC MUNICIPAL INCO COM 23342Q101 3,182 300,230 SH   SOLE   300,230 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 1,858 91,990 SH   SOLE   91,990 0 0
DOUBLELINE OPPORTUNISTIC CRE COM 258623107 1,673 81,337 SH   SOLE   81,337 0 0
DREYFUS MUNICIPAL BOND INFRA COM 26203D101 5,528 445,053 SH   SOLE   445,053 0 0
DREYFUS MUNICIPAL INCOME INC COM 26201R102 3,277 418,570 SH   SOLE   418,570 0 0
DREYFUS STRATEGIC MUNI BD FD COM 26202F107 7,012 955,379 SH   SOLE   955,379 0 0
DREYFUS STRATEGIC MUNICIPALS COM 261932107 10,758 1,434,423 SH   SOLE   1,434,423 0 0
EATON VANCE CAL MUNI BOND COM 27828A100 1,575 158,146 SH   SOLE   158,146 0 0
EATON VANCE MUNICIPAL BOND F COM 27827X101 7,421 643,611 SH   SOLE   643,611 0 0
EATON VANCE MUNICIPAL INCOME COM 27826U108 4,452 387,778 SH   SOLE   387,778 0 0
FEDERATED PREMIER MUNI INC COM 31423P108 3,625 284,084 SH   SOLE   284,084 0 0
FIDUCIARY/CLAYMORE MLP OPPOR COM 31647Q106 49 4,000 SH   SOLE   4,000 0 0
FIRST TRUST ABERDEEN GLOBAL COM 337319107 701 72,954 SH   SOLE   72,954 0 0
FLAH & CRUM PREFERRED INCOME COM 338480106 177 13,672 SH   SOLE   13,672 0 0
FLAH & CRUM PFD SEC INCOME COM 338478100 2,722 149,415 SH   SOLE   149,415 0 0
FLAH & CRUM TTL RTRN FND COM 338479108 433 23,235 SH   SOLE   23,235 0 0
INVESCO AD MIT II COM 46132E103 4,705 446,361 SH   SOLE   446,361 0 0
INVESCO DYNAMIC CREDIT OPP COM 46132R104 654 57,051 SH   SOLE   57,051 0 0
INVESCO MUNICIPAL OPPORTUNI COM 46132C107 1,102 96,301 SH   SOLE   96,301 0 0
INVESCO MUNICIPAL TRUST COM 46131J103 1,390 120,432 SH   SOLE   120,432 0 0
INVESCO PENNSYLVANIA VALUE M COM 46132K109 1,426 119,955 SH   SOLE   119,955 0 0
INVESCO QUALITY MUNI INC TR COM 46133G107 7,126 615,375 SH   SOLE   615,375 0 0
INVESCO SENIOR INCOME TRUST COM 46131H107 718 166,991 SH   SOLE   166,991 0 0
INVESCO TRUST FOR INVESTMEN COM 46131M106 5,540 466,359 SH   SOLE   466,359 0 0
INVESCO VALUE MUNICIPAL INCO COM 46132P108 4,472 323,096 SH   SOLE   323,096 0 0
JOHN HANCOCK INVEST TRUST COM 410142103 1,141 70,910 SH   SOLE   70,910 0 0
KKR INCOME OPPORTUNITIES COM 48249T106 3,072 187,196 SH   SOLE   187,196 0 0
KAYNE ANDERSON MLP/MIDSTREAM COM 486606106 54 3,000 SH   SOLE   3,000 0 0
MFS HIGH INCOME MUNICIPAL TR COM 59318D104 490 99,100 SH   SOLE   99,100 0 0
MFS HIGH YIELD MUNICIPAL TRU COM 59318E102 623 136,883 SH   SOLE   136,883 0 0
MFS INVESTMENT GRADE MUNICIP COM 59318B108 1,507 168,060 SH   SOLE   168,060 0 0
MFS MUNICIPAL INCOME TRUST COM 552738106 2,928 451,081 SH   SOLE   451,081 0 0
NEUBERGER BERMAN HIGH YIELD COM 64128C106 3,166 289,112 SH   SOLE   289,112 0 0
NEUBERGER BERMAN MUNICIPAL COM 64124P101 4,342 322,857 SH   SOLE   322,857 0 0
NEW AMERICA HIGH INCOME FUND COM 641876800 447 52,128 SH   SOLE   52,128 0 0
NUVEEN AMT-FR QU MUNI INC FD COM 670657105 9,784 772,806 SH   SOLE   772,806 0 0
NUVEEN AZ QUAL MUNI INC FD COM 67061W104 401 34,300 SH   SOLE   34,300 0 0
NUVEEN CA QUAL MUNI INC FD COM 67066Y105 5,120 395,698 SH   SOLE   395,698 0 0
NUVEEN AMT-FR MUNI CREDIT FD COM 67071L106 3,516 241,509 SH   SOLE   241,509 0 0
NUVEEN FLOAT RATE INC FD COM 67072T108 3,048 293,401 SH   SOLE   293,401 0 0
NUVEEN FLT RATE INC OPP FD COM 6706EN100 2,904 281,625 SH   SOLE   281,625 0 0
NUVEEN MUNI CREDIT INC FD COM 67070X101 6 400 SH   SOLE   400 0 0
NUVEEN MUNI HIGH INC OPP FD COM 670682103 4,294 342,178 SH   SOLE   342,178 0 0
NUVEEN NJ QUAL MUNI INC FD COM 67069Y102 4,215 328,038 SH   SOLE   328,038 0 0
NUVEEN NY AMT-FR MUNI INC FD COM 670656107 1,216 102,220 SH   SOLE   102,220 0 0
NUVEEN NY QUAL MUNI INC FD COM 67066X107 175 14,200 SH   SOLE   14,200 0 0
NUVEEN PA QUAL MUNI INC FD COM 670972108 1,964 157,776 SH   SOLE   157,776 0 0
NUVEEN QUAL MUNI INCOME FD COM 67066V101 14,411 1,126,710 SH   SOLE   1,126,710 0 0
NUVEEN PREFERRED & INCOME SE COM 67072C105 963 109,400 SH   SOLE   109,400 0 0
NUVEEN REAL ASST INC & GR FD COM 67074Y105 878 54,491 SH   SOLE   54,491 0 0
NUVEEN TX QUAL MUNI INC FD COM 670983105 500 40,200 SH   SOLE   40,200 0 0
PIMCO DYNAMIC CREDIT AND MOR COM 72202D106 3,355 139,107 SH   SOLE   139,107 0 0
PROSHARES TR SHORT 20+ TREASURY 74347X849 94 4,000 SH   SOLE   4,000 0 0
PROSHARES TR SHT 7-10 YR TR 74348A608 117 4,000 SH   SOLE   4,000 0 0
PROSHARES TR SHORT S&P 500 NE 74347B425 232 8,480 SH   SOLE   8,480 0 0
PIONEER DIVERSIFIED HIGH INC COM 723653101 2,930 200,385 SH   SOLE   200,385 0 0
PIONEER HIGH INCOME TRUST COM 72369H106 3,347 361,397 SH   SOLE   361,397 0 0
PIONEER MUNI HI INC ADV TRST COM 723762100 3,202 300,350 SH   SOLE   300,350 0 0
PIONEER MUNI HI INCOME TRUST COM 723763108 5,483 493,042 SH   SOLE   493,042 0 0
PRINCIPAL REAL ESTATE INCOME COM 74255X104 2,116 122,759 SH   SOLE   122,759 0 0
PROSHARES SHORT DOW30 COM 74347B235 151 2,750 SH   SOLE   2,750 0 0
PGIM GLOBAL SHORT DURATION H COM 69346J106 1,140 82,196 SH   SOLE   82,196 0 0
PGIM SHORT DURATION HIGH YIE COM 69346H100 3,104 219,514 SH   SOLE   219,514 0 0
PUTNAM MANAGED MUNI INCM TRS COM 746823103 8,353 1,207,110 SH   SOLE   1,207,110 0 0
PUTNAM MUNI OPPORTUNITIES TR COM 746922103 43 3,736 SH   SOLE   3,736 0 0
REAVES UTILITY INCOME FUND COM 756158101 2,645 86,282 SH   SOLE   86,282 0 0
SPDR BBG BARC HIGH YIELD BND COM 78464A417 361 10,000 SH   SOLE   10,000 0 0
VANECK VECTORS HIGH-YIELD MU COM 92189F361 5,944 190,951 SH   SOLE   190,951 0 0
WELLS FARGO INCOME OPPORTUNI COM 94987B105 2,940 371,190 SH   SOLE   371,190 0 0
WESTERN ASSET EMRG MRKT DBT COM 95766A101 54 4,000 SH   SOLE   4,000 0 0
WESTERN ASSET GLOBAL HIGH IN COM 95766B109 91 10,000 SH   SOLE   10,000 0 0
WESTERN ASSET HIGH INC II COM 95766J102 3,521 555,404 SH   SOLE   555,404 0 0
WESTERN ASSET INTERMEDIATE COM 958435109 1,747 206,550 SH   SOLE   206,550 0 0
WESTERN ASSET MANAGED MUNICI COM 95766M105 3,925 324,088 SH   SOLE   324,088 0 0
WESTERN ASSET PREMIER BOND COM 957664105 2,527 197,088 SH   SOLE   197,088 0 0