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 57,620 6,562,620 SH   SOLE   6,311,125 0 251,495
ALLIANCE CALIF MUN INCOME FD COM 018546101 184 13,535 SH   SOLE   13,535 0 0
ALLIANCEBERNSTEIN GBL HGH IN COM 01879R106 1,850 158,757 SH   SOLE   158,757 0 0
ALLIANZGI NFJ DIVID INT & PR COM 01883A107 4,533 346,011 SH   SOLE   346,011 0 0
ALPHABET INC CAP STK CL A 02079K305 48,283 40,000 SH Put SOLE   40,000 0 0
ALPHABET INC CAP STK CL C 02079K107 7,034 5,894 SH   SOLE   5,894 0 0
APPLE INC COM 037833100 24,786 109,800 SH Put SOLE   109,800 0 0
APPLE INC COM 037833100 883 3,911 SH   SOLE   3,911 0 0
AVON PRODS INC COM 054303102 2,243 1,019,349 SH   SOLE   1,019,349 0 0
BANCROFT FUND LTD COM 059695106 366 15,970 SH   SOLE   15,970 0 0
BLACKROCK CORPOR HI YLD FD I COM 09255P107 17,620 1,676,516 SH   SOLE   1,503,621 0 172,895
BLACKROCK CR ALLCTN INC TR COM 092508100 11,460 936,265 SH   SOLE   887,265 0 49,000
BLACKROCK DEBT STRAT FD INC COM NEW 09255R202 45,451 4,079,990 SH   SOLE   4,079,990 0 0
BLACKROCK MUNI N Y INTER DUR COM 09255F109 1,229 98,274 SH   SOLE   98,274 0 0
BLACKROCK NY MUN INCOME TR I COM 09249R102 1,426 112,034 SH   SOLE   112,034 0 0
BLACKROCK NY MUNICIPAL BOND COM 09249P106 820 63,725 SH   SOLE   63,725 0 0
BRANDYWINEGBL GLBAL INM OPRT COM 10537L104 3,525 323,962 SH   SOLE   323,962 0 0
CHESAPEAKE ENERGY CORP COM 165167107 482 107,281 SH   SOLE   107,281 0 0
CHINA FD INC COM 169373107 1,891 96,494 SH   SOLE   96,494 0 0
CISCO SYS INC COM 17275R102 97,300 2,000,000 SH Put SOLE   2,000,000 0 0
CISCO SYS INC COM 17275R102 11,831 243,178 SH   SOLE   243,178 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 28,501 8,237,198 SH   SOLE   8,237,198 0 0
COMMUNITY HEALTH SYS INC NEW RIGHT 12/31/2019 203668116 12 1,981,077 SH   SOLE   1,981,077 0 0
CONSOLIDATED COMM HLDGS INC COM 209034107 152 11,670 SH   SOLE   11,670 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 185 58,265 SH   SOLE   58,265 0 0
DASEKE INC *W EXP 02/27/202 23753F115 54 67,703 SH   SOLE   67,703 0 0
DEAN FOODS CO NEW COM NEW 242370203 8,799 1,239,300 SH Put SOLE   1,239,300 0 0
DEAN FOODS CO NEW COM NEW 242370203 762 107,328 SH   SOLE   107,328 0 0
DELAWARE ENHANCED GBL DIV & COM 246060107 22,758 2,031,927 SH   SOLE   1,964,927 0 67,000
DEUTSCHE MULTI-MKT INCOME TR SHS 25160E102 6,884 766,597 SH   SOLE   766,597 0 0
DEUTSCHE STRATEGIC INCOME TR SHS 25160F109 3,106 246,525 SH   SOLE   246,525 0 0
DIVIDEND & INCOME FUND COM NEW 25538A204 1,603 134,376 SH   SOLE   134,376 0 0
DONNELLEY R R & SONS CO COM 257867200 3,547 656,866 SH   SOLE   656,866 0 0
EATON VANCE CA MUNI INCOME T SH BEN INT 27826F101 566 50,419 SH   SOLE   50,419 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 57,726 4,552,539 SH   SOLE   4,426,206 0 126,333
EATON VANCE N Y MUN BD FD II COM 27828T109 814 78,149 SH   SOLE   78,149 0 0
EBAY INC COM 278642103 19,812 600,000 SH Put SOLE   600,000 0 0
EBAY INC COM 278642103 5,145 155,812 SH   SOLE   155,812 0 0
FIRST TR ABERDEEN GLBL OPP F COM SHS 337319107 155 16,112 SH   SOLE   16,112 0 0
FIRST TR HIGH INCOME L/S FD COM 33738E109 2,378 161,214 SH   SOLE   146,636 0 14,578
FRANKLIN UNVL TR SH BEN INT 355145103 67 10,058 SH   SOLE   10,058 0 0
GENERAL AMERN INVS INC COM 368802104 16,058 434,113 SH   SOLE   434,113 0 0
GENESIS ENERGY L P UNIT LTD PARTN 371927104 16,646 700,000 SH Put SOLE   700,000 0 0
GENWORTH FINL INC COM CL A 37247D106 9,731 2,333,509 SH   SOLE   2,333,509 0 0
HERBALIFE NUTRITION LTD COM SHS G4412G101 26,332 482,700 SH Put SOLE   482,700 0 0
HERBALIFE NUTRITION LTD COM SHS G4412G101 594 10,882 SH   SOLE   10,882 0 0
HOSTESS BRANDS INC *W EXP 11/04/202 44109J114 253 238,772 SH   SOLE   238,772 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 45,363 300,000 SH Put SOLE   300,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 10,223 67,608 SH   SOLE   67,608 0 0
INVESCO HIGH INCOME TR II COM 46131F101 11,035 804,871 SH   SOLE   755,516 0 49,355
INVESCO SR INCOME TR COM 46131H107 23,380 5,437,160 SH   SOLE   5,417,160 0 20,000
ISHARES TR BARCLAYS 7 10 YR 464287440 182,106 1,800,000 SH Call SOLE   1,800,000 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 131,521 1,300,000 SH Put SOLE   1,300,000 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 98,754 976,122 SH   SOLE   976,122 0 0
IVY HIGH INC OPPORTUNITIES F COM 465893105 9,468 663,967 SH   SOLE   648,967 0 15,000
LAZARD WORLD DIVID & INCOME COM 521076109 304 29,148 SH   SOLE   29,148 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 176 25,821 SH   SOLE   25,821 0 0
LINDBLAD EXPEDITIONS HLDGS I *W EXP 07/08/202 535219117 151 36,822 SH   SOLE   36,822 0 0
MICROSOFT CORP COM 594918104 57,185 500,000 SH Put SOLE   500,000 0 0
MICROSOFT CORP COM 594918104 2,782 24,324 SH   SOLE   24,324 0 0
MORGAN STANLEY EMER MKTS DEB COM 61744H105 6,163 710,804 SH   SOLE   621,808 0 88,996
NEUBERGER BERMAN HGH YLD FD COM 64128C106 9,820 896,769 SH   SOLE   834,051 0 62,718
NEUBERGER BRMAN NY MUNI FD I COM 64124K102 719 62,968 SH   SOLE   62,968 0 0
NEW AMER HIGH INCOME FD INC COM NEW 641876800 5,929 691,052 SH   SOLE   691,052 0 0
NEW GOLD INC CDA COM 644535106 5,161 6,505,498 SH   SOLE   6,505,498 0 0
NUVEEN CONNECTICUT QLTY MUN COM 67060D107 10,807 951,332 SH   SOLE   951,332 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 69,212 8,684,018 SH   SOLE   8,269,380 0 414,638
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 774 75,051 SH   SOLE   75,051 0 0
NUVEEN MULTI MKT INCOME FD COM 67075J107 715 102,048 SH   SOLE   102,048 0 0
NUVEEN PFD & INCM SECURTIES COM 67072C105 525 59,698 SH   SOLE   0 0 59,698
NUVEEN SR INCOME FD COM 67067Y104 225 36,556 SH   SOLE   36,556 0 0
OCWEN FINL CORP COM NEW 675746309 681 172,768 SH   SOLE   172,768 0 0
ONEMAIN HLDGS INC COM 68268W103 16,805 500,000 SH Put SOLE   500,000 0 0
ONEMAIN HLDGS INC COM 68268W103 4,977 148,083 SH   SOLE   148,083 0 0
ORACLE CORP COM 68389X105 28,358 550,000 SH Put SOLE   550,000 0 0
ORACLE CORP COM 68389X105 7,912 153,460 SH   SOLE   153,460 0 0
PARKER DRILLING CO COM NEW 701081408 3,241 1,087,568 SH   SOLE   1,087,568 0 0
PGIM GLOBAL SHORT DURATION H COM 69346J106 21,733 1,566,891 SH   SOLE   1,387,834 0 179,057
PGIM SHORT DURATION HIGH YIE COM 69346H100 10,741 759,617 SH   SOLE   677,829 0 81,788
PIONEER DIV HIGH INCOME TRUS COM 723653101 5,110 349,538 SH   SOLE   333,042 0 16,496
PIONEER HIGH INCOME TR COM 72369H106 93 10,000 SH   SOLE   10,000 0 0
QUALCOMM INC COM 747525103 72,030 1,000,000 SH Put SOLE   1,000,000 0 0
QUALCOMM INC COM 747525103 21,348 296,378 SH   SOLE   296,378 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 1,816 96,400 SH Put SOLE   96,400 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 190 10,095 SH   SOLE   10,095 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 4,757 452,640 SH   SOLE   452,640 0 0
SEADRILL LTD COM G7998G106 60,380 2,436,646 SH   SOLE   2,436,646 0 0
SEARS HLDGS CORP COM 812350106 1,091 1,127,464 SH   SOLE   1,127,464 0 0
SIMON PPTY GROUP INC NEW COM 828806109 53,025 300,000 SH Put SOLE   300,000 0 0
SIMPLY GOOD FOODS CO *W EXP 07/07/202 82900L110 251 29,700 SH   SOLE   29,700 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 12,396 526,800 SH Put SOLE   526,800 0 0
TEMPLETON EMERG MKTS INCOME COM 880192109 36,005 3,600,542 SH   SOLE   3,456,284 0 144,258
TESLA INC COM 88160R101 49,433 186,700 SH Put SOLE   186,700 0 0
TEXAS INSTRS INC COM 882508104 32,187 300,000 SH Put SOLE   300,000 0 0
TEXAS INSTRS INC COM 882508104 13,441 125,276 SH   SOLE   125,276 0 0
TRANSOCEAN LTD REG SHS H8817H100 22,540 1,615,800 SH Put SOLE   1,615,800 0 0
TRANSOCEAN LTD REG SHS H8817H100 698 50,000 SH   SOLE   50,000 0 0
VOYA PRIME RATE TR SH BEN INT 92913A100 23,061 4,630,804 SH   SOLE   4,620,549 0 10,255
WELLS FARGO INCOME OPPORTUNI WF INC OPPTY FD 94987B105 52,711 6,655,456 SH   SOLE   6,537,756 0 117,700
WESTERN ASSET CORPORATE LN F COM 95790J102 1,730 174,003 SH   SOLE   174,003 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 25,349 2,782,600 SH   SOLE   2,692,435 0 90,165
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 8,685 596,939 SH   SOLE   463,498 0 133,441
WESTERN ASSET HIGH INCM FD I COM 95766J102 40,063 6,319,009 SH   SOLE   6,105,621 0 213,388
WESTERN ASSET HIGH INCM OPP COM 95766K109 50,940 10,701,646 SH   SOLE   10,205,809 0 495,837
XEROX CORP COM NEW 984121608 3,238 120,000 SH Put SOLE   120,000 0 0
XEROX CORP COM NEW 984121608 1,509 55,936 SH   SOLE   55,936 0 0