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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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-PAC INCOME FD COM 003009107 722 170,000 SH   SOLE   170,000 0 0
ALLIANCE NATIONAL MUNI INC COM 01864U106 5,416 401,478 SH   SOLE   401,478 0 0
ALLIANZGI CONV & INCOME II COM 018825109 50 10,000 SH   SOLE   10,000 0 0
ABERDEEN GLBL PREM PROP COM 00302L108 25 4,000 SH   SOLE   4,000 0 0
APOLLO SENIOR FLOATING RATE COM 037636107 1,578 104,271 SH   SOLE   104,271 0 0
APOLLO TACTICAL INCOME FUND COM 037638103 631 42,141 SH   SOLE   42,141 0 0
ARES DYNAMIC CREDIT ALLOCATI COM 04014F102 1,559 102,073 SH   SOLE   102,073 0 0
BLACKROCK CORP HI YLD COM 09255P107 807 74,596 SH   SOLE   74,596 0 0
BLACKROCK FLT RT INC COM 091941104 1,208 96,984 SH   SOLE   96,984 0 0
BLACKROCK INVT QUALITY MUNI COM 09247D105 5,619 373,064 SH   SOLE   373,064 0 0
BLACKROCK LTD DURATION INC COM 09249W101 738 48,635 SH   SOLE   48,635 0 0
BLACKROCK MUNI INTERM DURATI COM 09253X102 7,195 509,595 SH   SOLE   509,595 0 0
BLACKROCK MUNIENHANCED FUND COM 09253Y100 6,861 618,109 SH   SOLE   618,109 0 0
BLACKROCK MUNIHOLDINGS CA QU COM 09254L107 3,972 289,745 SH   SOLE   289,745 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254P108 7,690 578,658 SH   SOLE   578,658 0 0
BLACKROCK MUNIHOLDINGS NJ QU COM 09254X101 2,723 195,190 SH   SOLE   195,190 0 0
BLACKROCK MUNIHOLDINGS NY QU COM 09255C106 1,329 100,000 SH   SOLE   100,000 0 0
BLACKROCK MUNIHOLDINGS QU II COM 09254C107 4,806 383,231 SH   SOLE   383,231 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254A101 2,285 184,597 SH   SOLE   184,597 0 0
BLACKROCK MUNIVEST FUND COM 09253R105 7,734 842,715 SH   SOLE   842,715 0 0
BLACKROCK MUNIYIELD CALI FD COM 09254M105 2,072 148,233 SH   SOLE   148,233 0 0
BLACKROCK MUNIYIELD MI QUALI COM 09254V105 8,180 590,203 SH   SOLE   590,203 0 0
BLACKROCK MUNIYIELD NY QUALI COM 09255E102 1,242 97,157 SH   SOLE   97,157 0 0
BLACKROCK MUNIYIELD PENNSYLV COM 09255G107 1,274 91,002 SH   SOLE   91,002 0 0
BLACKROCK MUNIYIELD QUAL II COM 09254G108 7,564 602,705 SH   SOLE   602,705 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254E103 13,780 1,045,519 SH   SOLE   1,045,519 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254F100 10,664 733,951 SH   SOLE   733,951 0 0
BLACKROCK MUNI BOND TRUST COM 09249H104 2,615 174,321 SH   SOLE   174,321 0 0
BLACKROCK MUNICIPAL INCOME Q COM 092479104 3,586 259,825 SH   SOLE   259,825 0 0
BROOKFIELD REAL ASSETS INCOM COM 112830104 1,722 79,183 SH   SOLE   79,183 0 0
DWS MUNICIPAL INCOME TRUST COM 233368109 9,388 826,399 SH   SOLE   826,399 0 0
DWS STRATEGIC MUNICIPAL INCO COM 23342Q101 1,542 129,957 SH   SOLE   129,957 0 0
DOUBLELINE OPPORT CREDIT COM 258623107 83 4,000 SH   SOLE   4,000 0 0
BNYM HIGH YIELD STRAT COM 09660L105 15 5,000 SH   SOLE   5,000 0 0
BNYM MUNICIPAL INCOME COM 05589T104 2,367 275,522 SH   SOLE   275,522 0 0
BNYM STRAT MUNI BND COM 09662E109 613 75,577 SH   SOLE   75,577 0 0
BNYM STRAT MUNI COM 05588W108 5,655 672,359 SH   SOLE   672,359 0 0
EATON VANCE CAL MUNI BOND COM 27828A100 3,253 295,222 SH   SOLE   295,222 0 0
EATON VANCE FLOATING-RATE IN COM 278284104 400 26,558 SH   SOLE   26,558 0 0
EATON VANCE FLOAT RT INC TR COM 278279104 1,077 79,923 SH   SOLE   79,923 0 0
EATON VANCE LTD DURATION FND COM 27828H105 421 33,310 SH   SOLE   33,310 0 0
EATON VANCE MUNICIPAL INCOME COM 27826U108 12,630 1,015,310 SH   SOLE   1,015,310 0 0
EATON VANCE SR FLTG RATE TR COM 27828Q105 1,684 127,679 SH   SOLE   127,679 0 0
FEDERATED PREMIER MUNI INC COM 31423P108 4,357 317,231 SH   SOLE   317,231 0 0
FLAH & CRUM TTL RTRN FND COM 338479108 891 43,375 SH   SOLE   43,375 0 0
INVESCO AD MIT II COM 46132E103 6,968 628,316 SH   SOLE   628,316 0 0
INVESCO MUNICIPAL OPPORTUNI COM 46132C107 1,778 144,212 SH   SOLE   144,212 0 0
INVESCO QUALITY MUNI INC TR COM 46133G107 9,636 769,674 SH   SOLE   769,674 0 0
INVESCO TRUST FOR INVESTMEN COM 46131M106 8,297 654,319 SH   SOLE   654,319 0 0
INVESCO VALUE MUNICIPAL INCO COM 46132P108 913 59,978 SH   SOLE   59,978 0 0
IVY HIGH INCOME OPPORTUNITY COM 465893105 1,158 84,849 SH   SOLE   84,849 0 0
JOHN HANCOCK INVEST TRUST COM 410142103 702 42,228 SH   SOLE   42,228 0 0
KAYNE ANDERSON MLP/MIDSTREAM COM 486606106 84 5,300 SH   SOLE   5,300 0 0
MFS HIGH YIELD MUNICIPAL TRU COM 59318E102 870 177,726 SH   SOLE   177,726 0 0
MFS INVESTMENT GRADE MUNICIP COM 59318B108 2,163 223,958 SH   SOLE   223,958 0 0
MFS MUNICIPAL INCOME TRUST COM 552738106 1,631 233,460 SH   SOLE   233,460 0 0
MACQUARIE/FT GL INT/UT DV IN COM 55607W100 52 5,000 SH   SOLE   5,000 0 0
NUVEEN AMT-FR QU MUNI INC FD COM 670657105 11,761 845,828 SH   SOLE   845,828 0 0
NUVEEN AZ QUAL MUNI INC FD COM 67061W104 1,722 131,232 SH   SOLE   131,232 0 0
NUVEEN CA AMT-FR MUNI INC FD COM 670651108 2,540 172,578 SH   SOLE   172,578 0 0
NUVEEN CA QUAL MUNI INC FD COM 67066Y105 3,299 225,741 SH   SOLE   225,741 0 0
NUVEEN AMT-FR MUNI CREDIT FD COM 67071L106 7,707 480,473 SH   SOLE   480,473 0 0
NUVEEN ENH MUNI VALUE FD COM 67074M101 1,739 119,211 SH   SOLE   119,211 0 0
NUVEEN FLOAT RATE INC FD COM 67072T108 85 8,700 SH   SOLE   8,700 0 0
NUVEEN FLT RATE INC OPP FD COM 6706EN100 1,194 122,485 SH   SOLE   122,485 0 0
NUVEEN MUNI CREDIT INC FD COM 67070X101 4,192 263,960 SH   SOLE   263,960 0 0
NUVEEN MUNI HIGH INC OPP FD COM 670682103 9,762 688,409 SH   SOLE   688,409 0 0
NUVEEN NJ QUAL MUNI INC FD COM 67069Y102 5,152 361,544 SH   SOLE   361,544 0 0
NUVEEN PA QUAL MUNI INC FD COM 670972108 3,928 284,930 SH   SOLE   284,930 0 0
NUVEEN QUAL MUNI INCOME FD COM 67066V101 17,046 1,210,626 SH   SOLE   1,210,626 0 0
NUVEEN REAL ASST INC & GR FD COM 67074Y105 857 50,741 SH   SOLE   50,741 0 0
NUVEEN SENIOR INC FD COM 67067Y104 533 89,953 SH   SOLE   89,953 0 0
NUVEEN VA QUAL MUNI INC FD COM 67064R102 830 63,936 SH   SOLE   63,936 0 0
PROSHARES TR SHORT 20+ TRE 74347X849 31 1,500 SH   SOLE   1,500 0 0
PROSHARES TR SHORT 7-10 YR TR 74348A608 54 2,000 SH   SOLE   2,000 0 0
PROSHARES TR SHORT S&P 500 NE 74347B425 144 5,500 SH   SOLE   5,500 0 0
PIONEER DIVERSIFIED HIGH INC COM 723653101 1,400 97,045 SH   SOLE   97,045 0 0
PIONEER HIGH INCOME TRUST COM 72369H106 1,525 165,243 SH   SOLE   165,243 0 0
PIONEER MUNI HI INC ADV TRST COM 723762100 7,009 651,350 SH   SOLE   651,350 0 0
PIONEER MUNI HI INCOME TRUST COM 723763108 4,393 351,618 SH   SOLE   351,618 0 0
INVESCO FUNDAMENTAL HIGH YIE ETP 46138E719 839 44,142 SH   SOLE   44,142 0 0
PRINCIPAL REAL ESTATE INCOME COM 74255X104 2,020 104,965 SH   SOLE   104,965 0 0
PROSHARES SHORT DOW30 ETP 74347B235 92 1,750 SH   SOLE   1,750 0 0
PGIM HIGH YIELD BOND FUND COM 69346H100 1,695 114,568 SH   SOLE   114,568 0 0
PUTNAM MANAGED MUNI INCM TRS COM 746823103 4,439 570,539 SH   SOLE   570,539 0 0
PUTNAM MUNI OPPORTUNITIES TR COM 746922103 5,134 401,437 SH   SOLE   401,437 0 0
SPDR BBG BARC HIGH YIELD BND ETP 78468R622 1,304 12,000 SH   SOLE   12,000 0 0
THL CREDIT SENIOR LOAN FUND COM 87244R103 568 37,500 SH   SOLE   37,500 0 0
WELLS FARGO INCOME OPPORTUNI COM 94987B105 1,049 126,340 SH   SOLE   126,340 0 0
WESTERN ASSET CORPORATE LOAN COM 95790J102 598 61,922 SH   SOLE   61,922 0 0
WESTERN ASSET EMRG MRKT DBT COM 95766A101 43 3,000 SH   SOLE   3,000 0 0
WESTERN ASSET HIGH INC II COM 95766J102 1,946 274,506 SH   SOLE   274,506 0 0
WESTERN ASSET INTERMEDIATE COM 958435109 1,133 126,317 SH   SOLE   126,317 0 0
WESTERN ASSET PREMIER BOND COM 957664105 490 35,298 SH   SOLE   35,298 0 0