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 Income Fund Inc COM 003009107 135 35,000 SH   SOLE   35,000 0 0
AllianceBernstein National Municipal Incom COM 01864U106 4,815 396,961 SH   SOLE   396,961 0 0
Alpine Global Premier Properties Fund COM 00302L108 40 8,000 SH   SOLE   8,000 0 0
Apollo Tactical Income Fund Inc COM 037638103 752 54,623 SH   SOLE   54,623 0 0
Ares Dynamic Credit Allocation Fund Inc COM 04014F102 1,367 99,073 SH   SOLE   99,073 0 0
BlackRock Investment Quality Municipal Tru COM 09247D105 4,150 314,172 SH   SOLE   314,172 0 0
BlackRock Muni Intermediate Duration Fund COM 09253X102 9,239 730,380 SH   SOLE   730,380 0 0
BlackRock MuniEnhanced Fund Inc COM 09253Y100 7,391 746,539 SH   SOLE   746,539 0 0
BlackRock MuniHoldings New Jersey Quality COM 09254X101 803 63,855 SH   SOLE   63,855 0 0
BlackRock MuniVest Fund II Inc COM 09253T101 729 55,810 SH   SOLE   55,810 0 0
BlackRock MuniVest Fund Inc COM 09253R105 4,182 506,305 SH   SOLE   506,305 0 0
BlackRock MuniYield California Quality Fun COM 09254N103 1,760 139,207 SH   SOLE   139,207 0 0
BlackRock MuniYield Fund Inc COM 09253W104 2,870 229,220 SH   SOLE   229,220 0 0
BlackRock MuniYield Michigan Quality Fund COM 09254V105 6,658 536,061 SH   SOLE   536,061 0 0
BlackRock MuniYield New Jersey Fund Inc COM 09254Y109 1,746 134,864 SH   SOLE   134,864 0 0
BlackRock MuniYield Quality Fund II Inc COM 09254G108 4,065 355,602 SH   SOLE   355,602 0 0
BlackRock MuniYield Quality Fund III Inc COM 09254E103 11,184 928,145 SH   SOLE   928,145 0 0
BlackRock MuniYield Quality Fund Inc COM 09254F100 3,778 291,033 SH   SOLE   291,033 0 0
BlackRock Municipal Income Quality Trust COM 092479104 683 54,700 SH   SOLE   54,700 0 0
BlackRock Municipal Income Trust COM 09248F109 4,663 382,558 SH   SOLE   382,558 0 0
BlackRock Municipal Income Trust II COM 09249N101 698 54,104 SH   SOLE   54,104 0 0
BlackRock Strategic Municipal Trust COM 09248T109 1,197 100,512 SH   SOLE   100,512 0 0
BlackRock Taxable Municipal Bond Trust COM 09248X100 53 2,500 SH   SOLE   2,500 0 0
Brookfield Real Assets Income Fund COM 112830104 1,539 80,683 SH   SOLE   80,683 0 0
Deutsche Strategic Municipal Income Trust COM 23342Q101 2,916 282,522 SH   SOLE   282,522 0 0
DoubleLine Income Solutions Fund COM 258622109 1,142 65,890 SH   SOLE   65,890 0 0
DoubleLine Opportunistic Credit Fund COM 258623107 1,727 91,124 SH   SOLE   91,124 0 0
Dreyfus Municipal Bond Infrastructure Fund COM 26203D101 3,361 283,188 SH   SOLE   283,188 0 0
Dreyfus Municipal Income Inc COM 26201R102 3,504 459,904 SH   SOLE   459,904 0 0
Dreyfus Strategic Municipal Bond Fund Inc COM 26202F107 5,518 790,598 SH   SOLE   790,598 0 0
Dreyfus Strategic Municipals Inc COM 261932107 9,891 1,377,639 SH   SOLE   1,377,639 0 0
Eaton Vance California Municipal Bond Fund COM 27828A100 1,215 122,705 SH   SOLE   122,705 0 0
Eaton Vance Floating-Rate Income Trust COM 278279104 97 7,627 SH   SOLE   7,627 0 0
Eaton Vance Municipal Bond Fund COM 27827X101 9,642 854,007 SH   SOLE   854,007 0 0
Eaton Vance Municipal Income Trust COM 27826U108 5,949 526,020 SH   SOLE   526,020 0 0
Eaton Vance Senior Floating-Rate Trust COM 27828Q105 198 15,775 SH   SOLE   15,775 0 0
Federated Premier Municipal Income Fund COM 31423P108 3,627 295,571 SH   SOLE   295,571 0 0
Fiduciary/Claymore MLP Opportunity Fund COM 31647Q106 22 2,500 SH   SOLE   2,500 0 0
Flaherty & Crumrine Preferred Income Fund COM 338480106 295 25,567 SH   SOLE   25,567 0 0
Flaherty & Crumrine Preferred Securities I COM 338478100 1,397 83,512 SH   SOLE   83,512 0 0
Flaherty & Crumrine Total Return Fund Inc COM 338479108 531 30,830 SH   SOLE   30,830 0 0
Invesco Adv Municipal Income Trust II COM 46132E103 4,198 425,361 SH   SOLE   425,361 0 0
Invesco California Value Municipal Income COM 46132H106 1,874 165,729 SH   SOLE   165,729 0 0
Invesco Dynamic Credit Opportunities Fund COM 46132R104 113 11,000 SH   SOLE   11,000 0 0
Invesco Municipal Trust COM 46131J103 1,619 145,294 SH   SOLE   145,294 0 0
Invesco Pennsylvania Value Municipal Incom COM 46132K109 1,269 109,265 SH   SOLE   109,265 0 0
Invesco Quality Municipal Income Trust COM 46133G107 8,550 762,050 SH   SOLE   762,050 0 0
Invesco Trust for Investment Grade Municip COM 46131M106 5,082 442,659 SH   SOLE   442,659 0 0
Invesco Trust for Investment Grade New Yor COM 46131T101 1,641 137,445 SH   SOLE   137,445 0 0
Invesco Value Municipal Income Trust COM 46132P108 5,412 400,307 SH   SOLE   400,307 0 0
John Hancock Investors Trust COM 410142103 620 43,877 SH   SOLE   43,877 0 0
KKR Income Opportunities Fund COM 48249T106 1,636 114,827 SH   SOLE   114,827 0 0
Kayne Anderson MLP Investment Co COM 486606106 41 3,000 SH   SOLE   3,000 0 0
MFS High Income Municipal Trust COM 59318D104 392 84,754 SH   SOLE   84,754 0 0
MFS High Yield Municipal Trust COM 59318E102 1,623 389,213 SH   SOLE   389,213 0 0
MFS Investment Grade Municipal Trust COM 59318B108 1,613 183,755 SH   SOLE   183,755 0 0
MFS Municipal Income Trust COM 552738106 2,614 425,735 SH   SOLE   425,735 0 0
Neuberger Berman High Yield Strategies Fun COM 64128C106 1,520 157,137 SH   SOLE   157,137 0 0
Neuberger Berman Intermediate Municipal Fu COM 64124P101 4,023 317,749 SH   SOLE   317,749 0 0
New America High Income Fund Inc/The COM 641876800 316 41,738 SH   SOLE   41,738 0 0
Nuveen AMT-Free Municipal Income Fund COM 670657105 10,423 846,709 SH   SOLE   846,709 0 0
Nuveen Arizona Premium Income Municipal Fu COM 67061W104 1,009 85,079 SH   SOLE   85,079 0 0
Nuveen California Dividend Advantage Munic COM 67066Y105 8,193 642,569 SH   SOLE   642,569 0 0
Nuveen Dividend Advantage Municipal Income COM 67071L106 10,812 773,373 SH   SOLE   773,373 0 0
Nuveen Floating Rate Income Fund COM 67072T108 588 63,730 SH   SOLE   63,730 0 0
Nuveen Floating Rate Income Opportunity Fu COM 6706EN100 340 37,690 SH   SOLE   37,690 0 0
Nuveen Municipal Credit Income Fund COM 67070X101 3,437 256,116 SH   SOLE   256,116 0 0
Nuveen Municipal High Income Opportunity F COM 670682103 9,102 781,927 SH   SOLE   781,927 0 0
Nuveen New Jersey Dividend Advantage Munic COM 67069Y102 4,462 350,223 SH   SOLE   350,223 0 0
Nuveen New York AMT-Free Municipal Income COM 670656107 1,987 170,584 SH   SOLE   170,584 0 0
Nuveen Pennsylvania Investment Quality Mun COM 670972108 2,589 212,247 SH   SOLE   212,247 0 0
Nuveen Quality Municipal Income Fund COM 67066V101 12,923 1,030,510 SH   SOLE   1,030,510 0 0
Nuveen Real Asset Income and Growth Fund COM 67074Y105 692 50,741 SH   SOLE   50,741 0 0
Nuveen Short Duration Credit Opportunities COM 67074X107 231 16,113 SH   SOLE   16,113 0 0
Nuveen Virginia Premium Income Municipal F COM 67064R102 721 61,526 SH   SOLE   61,526 0 0
PIMCO Dynamic Credit Income Fund COM 72202D106 991 47,086 SH   SOLE   47,086 0 0
PROSHARES TR SHRT 20+ YR TRE 74347X849 90 4,000 SH   SOLE   4,000 0 0
PROSHARES TR SHT 7-10 YR TR 74348A608 114 4,000 SH   SOLE   4,000 0 0
PROSHARES TR SHORT S&P 500 NE 74347B425 235 7,500 SH   SOLE   7,500 0 0
Pioneer Diversified High Income Trust COM 723653101 1,204 92,604 SH   SOLE   92,604 0 0
Pioneer High Income Trust COM 72369H106 1,564 196,275 SH   SOLE   196,275 0 0
Pioneer Municipal High Income Advantage Tr COM 723762100 2,787 273,260 SH   SOLE   273,260 0 0
Pioneer Municipal High Income Trust COM 723763108 6,297 574,563 SH   SOLE   574,563 0 0
Principal Real Estate Income Fund COM 74255X104 1,670 100,965 SH   SOLE   100,965 0 0
ProShares Short Dow30 COM 74347B235 153 2,500 SH   SOLE   2,500 0 0
Prudential Global Short Duration High Yiel COM 69346J106 214 16,568 SH   SOLE   16,568 0 0
Prudential Short Duration High Yield Fund COM 69346H100 709 54,418 SH   SOLE   54,418 0 0
Putnam Managed Municipal Income Trust COM 746823103 6,515 969,526 SH   SOLE   969,526 0 0
Putnam Municipal Opportunities Trust COM 746922103 10,236 911,466 SH   SOLE   911,466 0 0
Wells Fargo Income Opportunities Fund COM 94987B105 1,273 176,090 SH   SOLE   176,090 0 0
Western Asset Emerging Markets Income Fund COM 95766A101 49 4,000 SH   SOLE   4,000 0 0
Western Asset Global High Income Fund Inc COM 95766B109 83 10,000 SH   SOLE   10,000 0 0
Western Asset High Income Fund II Inc COM 95766J102 1,646 285,806 SH   SOLE   285,806 0 0
Western Asset Intermediate Muni Fund Inc COM 958435109 1,054 126,251 SH   SOLE   126,251 0 0
Western Asset Premier Bond Fund COM 957664105 151 12,500 SH   SOLE   12,500 0 0