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
ALLIANCEBERNSTEIN NATL MUNI COM 01864U106 259 20,000 SH   DFND 1 2 20,000 0 0
AMARIN CORP PLC SPONS ADR NEW 023111206 15 20,000 SH Call DFND 1 2 20,000 0 0
APOLLO TACTICAL INCOME FD IN COM 037638103 588 40,000 SH   DFND 1 2 40,000 0 0
AVAYA HLDGS CORP COM 05351X101 1,971 117,098 SH   DFND 1 2 117,098 0 0
BARINGS BDC INC COM 06759L103 736 75,000 SH   DFND 1 2 75,000 0 0
BLACKROCK CALIF MUN INCOME T SH BEN INT 09248E102 672 52,355 SH   DFND 1 2 52,355 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 1,977 158,158 SH   DFND 1 2 158,158 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 1,608 131,668 SH   DFND 1 2 131,668 0 0
BLACKROCK MUN 2030 TAR TERM COM SHS BEN IN 09257P105 1,557 70,000 SH   DFND 1 2 70,000 0 0
BLACKROCK MUN INCOME TR SH BEN INT 09248F109 1,179 87,451 SH   DFND 1 2 87,451 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 312 22,612 SH   DFND 1 2 22,612 0 0
BLACKROCK MUNICIPL INC QLTY COM 092479104 201 14,976 SH   DFND 1 2 14,976 0 0
BLACKROCK MUNIENHANCED FD IN COM 09253Y100 135 12,652 SH   DFND 1 2 12,652 0 0
BLACKROCK MUNIHLDGS NY QLTY COM 09255C106 206 15,914 SH   DFND 1 2 15,914 0 0
BLACKROCK MUNIHLDNGS CALI QL COM 09254L107 2,504 188,974 SH   DFND 1 2 188,974 0 0
BLACKROCK MUNIHLDNGS QLTY II COM 09254C107 463 37,633 SH   DFND 1 2 37,633 0 0
BLACKROCK MUNIHLDS INVSTM QL COM 09254P108 1,216 94,146 SH   DFND 1 2 94,146 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 450 50,000 SH   DFND 1 2 50,000 0 0
BLACKROCK MUNIYIELD CALI QLT COM 09254N103 1,843 136,771 SH   DFND 1 2 136,771 0 0
BLACKROCK MUNIYIELD N J FD I COM 09254Y109 1,536 106,538 SH   DFND 1 2 106,538 0 0
BLACKROCK MUNIYIELD NY QLTY COM 09255E102 1,485 120,611 SH   DFND 1 2 120,611 0 0
BLACKROCK MUNIYIELD PA QLTY COM 09255G107 338 24,860 SH   DFND 1 2 24,860 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 1,841 142,404 SH   DFND 1 2 142,404 0 0
BLACKROCK N Y MUN INCOME TR SH BEN INT 09248L106 196 15,000 SH   DFND 1 2 15,000 0 0
BROOKFIELD REAL ASSETS INCOM SHS BEN INT 112830104 1,442 66,693 SH   DFND 1 2 66,693 0 0
COLONY CAP INC NEW CL A COM 19626G108 133 25,000 SH   DFND 1 2 25,000 0 0
CORNERSTONE STRATEGIC VALUE COM 21924B302 1,730 142,000 SH   DFND 1 2 142,000 0 0
CORNERSTONE TOTAL RTRN FD IN COM 21924U300 1,439 120,000 SH   DFND 1 2 120,000 0 0
DELAWARE INV MN MUN INC FD I COM 24610V103 1,474 116,646 SH   DFND 1 2 116,646 0 0
DWS MUN INCOME TR NEW COM 233368109 5,045 457,801 SH   DFND 1 2 457,801 0 0
EATON VANCE CALIF MUN BD FD COM 27828A100 1,086 102,932 SH   DFND 1 2 102,932 0 0
EATON VANCE FLTG RATE INCOM COM SHS BEN INT 278284104 884 59,682 SH   DFND 1 2 59,682 0 0
EATON VANCE FLTING RATE INC COM 278279104 892 67,602 SH   DFND 1 2 67,602 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 1,075 85,000 SH   DFND 1 2 85,000 0 0
EATON VANCE MUNI INCOME TRUS SH BEN INT 27826U108 2,886 236,526 SH   DFND 1 2 236,526 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 880 67,579 SH   DFND 1 2 67,579 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 1,013 164,853 SH   DFND 1 2 164,853 0 0
EATON VANCE TAX MNGD BUY WRI COM SH BEN INT 27829M103 2,166 233,947 SH   DFND 1 2 233,947 0 0
EATON VANCE TXMGD GL BUYWR O COM 27829C105 508 52,027 SH   DFND 1 2 52,027 0 0
EL POLLO LOCO HLDGS INC COM 268603107 9 10,000 SH Put DFND 1 2 10,000 0 0
FEDERATED PREM MUN INC FD COM 31423P108 645 48,027 SH   DFND 1 2 48,027 0 0
FIRST TR SR FLG RTE INCM FD COM 33733U108 342 28,964 SH   DFND 1 2 28,964 0 0
FIRST TR SR FLOATING RATE 20 COM SHS 33740K101 600 68,595 SH   DFND 1 2 68,595 0 0
FS KKR CAPITAL CORP COM 302635107 364 60,000 SH   DFND 1 2 60,000 0 0
HALCON RES CORP *W EXP 09/09/202 40537Q118 0 11,671 SH   DFND 1 2 11,671 0 0
INVESCO ADVANTAGE MUNICIPAL SH BEN INT 46132E103 702 65,165 SH   DFND 1 2 65,165 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 1,058 97,524 SH   DFND 1 2 97,524 0 0
INVESCO MUN OPPORTUNITY TR COM 46132C107 935 78,351 SH   DFND 1 2 78,351 0 0
INVESCO PA VALUE MUN INCOME COM 46132K109 475 38,095 SH   DFND 1 2 38,095 0 0
INVESCO SR INCOME TR COM 46131H107 229 55,000 SH   DFND 1 2 55,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 5 200,000 SH Call DFND 1 2 200,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 5 108,000 SH Put DFND 1 2 108,000 0 0
IVY HIGH INC OPPORTUNITIES F COM 465893105 551 40,728 SH   DFND 1 2 40,728 0 0
NEUBERGER BRMAN CLIFRN MUNI COM 64123C101 408 31,302 SH   DFND 1 2 31,302 0 0
NUVEEN ARIZONA QLTY MUN INC COM 67061W104 225 17,551 SH   DFND 1 2 17,551 0 0
NUVEEN CALIFORNIA AMT QLT MU COM 670651108 1,413 101,536 SH   DFND 1 2 101,536 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 5,699 737,349 SH   DFND 1 2 737,349 0 0
NUVEEN FLOATING RATE INCOME COM 67072T108 998 103,600 SH   DFND 1 2 103,600 0 0
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 1,953 203,683 SH   DFND 1 2 203,683 0 0
NUVEEN GEORGIA QLTY MUN INC COM 67072B107 568 47,645 SH   DFND 1 2 47,645 0 0
NUVEEN MINESOTA QLT MUN INC SHS 670734102 582 43,426 SH   DFND 1 2 43,426 0 0
NUVEEN MUN INCOME FD INC COM 67062J102 139 12,798 SH   DFND 1 2 12,798 0 0
NUVEEN NEW YORK AMT QLT MUNI COM 670656107 359 28,265 SH   DFND 1 2 28,265 0 0
NUVEEN NORTH CAROLINA QLTY M COM 67060P100 286 22,360 SH   DFND 1 2 22,360 0 0
NUVEEN SR INCOME FD COM 67067Y104 1,490 256,900 SH   DFND 1 2 256,900 0 0
NUVEEN TEXAS QLTY MUN INCME COM 670983105 803 60,095 SH   DFND 1 2 60,095 0 0
OAKTREE SPECIALTY LENDING CO COM 67401P108 278 53,659 SH   DFND 1 2 53,659 0 0
OHR PHARMACEUTICAL INC COM 67778H309 55 24,397 SH   DFND 1 2 24,397 0 0
PGIM GLOBAL HIGH YIELD FD IN COM 69346J106 976 70,000 SH   DFND 1 2 70,000 0 0
PIONEER FLOATING RATE TR COM 72369J102 231 22,189 SH   DFND 1 2 22,189 0 0
RIVERNORTH OPPRTUNITIES FD I COM 76881Y109 202 12,251 SH   DFND 1 2 12,251 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 78 14,500 SH   DFND 1 2 14,500 0 0
SMART SAND INC COM 83191H107 138 31,000 SH   DFND 1 2 31,000 0 0
TESLA INC COM 88160R101 88 24,500 SH Put DFND 1 2 24,500 0 0
UBS AG LONDON BRH ETRACS MTH2XRE 90269A302 592 39,148 SH   DFND 1 2 39,148 0 0
UBS AG LONDON BRH ETRACS MTH 2XLV 90270L842 1,649 116,511 SH   DFND 1 2 116,511 0 0
URBAN ONE INC CL D NON VTG 91705J204 414 207,114 SH   DFND 1 2 207,114 0 0
VIRTUS GLOBAL MULTI-SEC INC COM 92829B101 798 65,127 SH   DFND 1 2 65,127 0 0
VOYA PRIME RATE TR SH BEN INT 92913A100 716 149,715 SH   DFND 1 2 149,715 0 0
WESTERN ASSET CORPORATE LN F COM 95790J102 704 74,296 SH   DFND 1 2 74,296 0 0
WESTERN ASSET INTM MUNI FD I COM 958435109 358 40,582 SH   DFND 1 2 40,582 0 0