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-PAC INCOME FD COM 003009107 29 7,000 SH   SOLE   7,000 0 0
ALLIANCE NATIONAL MUNI INC COM 01864U106 5,613 406,478 SH   SOLE   406,478 0 0
ALLIANZGI CONV & INCOME II COM 018825109 25 5,000 SH   SOLE   5,000 0 0
ABERDEEN GLBL PREM PROP COM 00302L108 24 4,000 SH   SOLE   4,000 0 0
APOLLO SENIOR FLOATING RATE COM 037636107 1,476 100,571 SH   SOLE   100,571 0 0
APOLLO TACTICAL INCOME FUND COM 037638103 627 42,141 SH   SOLE   42,141 0 0
ARES DYNAMIC CREDIT ALLOCATI COM 04014F102 1,511 102,073 SH   SOLE   102,073 0 0
BLACKROCK CALIFOR MUNI IN TR COM 09248E102 2,097 152,817 SH   SOLE   152,817 0 0
BLACKROCK CORP HI YLD COM 09255P107 597 55,996 SH   SOLE   55,996 0 0
BLACKROCK FLT RT INC COM 091941104 1,191 96,984 SH   SOLE   96,984 0 0
BLACKROCK INVT QUALITY MUNI COM 09247D105 2,115 134,300 SH   SOLE   134,300 0 0
BLACKROCK MUNI INTERM DURATI COM 09253X102 7,219 507,294 SH   SOLE   507,294 0 0
BLACKROCK MUNIENHANCED FUND COM 09253Y100 6,219 543,636 SH   SOLE   543,636 0 0
BLACKROCK MUNIHOLDINGS CA QU COM 09254L107 463 32,687 SH   SOLE   32,687 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254P108 8,664 639,401 SH   SOLE   639,401 0 0
BLACKROCK MUNIHOLDINGS NJ QU COM 09254X101 2,477 173,690 SH   SOLE   173,690 0 0
BLACKROCK MUNIHOLDINGS NY QU COM 09255C106 2,332 170,000 SH   SOLE   170,000 0 0
BLACKROCK MUNIHOLDINGS QU II COM 09254C107 5,067 395,606 SH   SOLE   395,606 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254A101 2,178 170,060 SH   SOLE   170,060 0 0
BLACKROCK MUNIVEST FUND COM 09253R105 11,606 1,260,559 SH   SOLE   1,260,559 0 0
BLACKROCK MUNIYIELD CALI FD COM 09254M105 1,795 123,827 SH   SOLE   123,827 0 0
BLACKROCK MUNIYIELD CA QUALI COM 09254N103 2,323 160,416 SH   SOLE   160,416 0 0
BLACKROCK MUNIYIELD MI QUALI COM 09254V105 8,738 620,203 SH   SOLE   620,203 0 0
BLACKROCK MUNIYIELD NY QUALI COM 09255E102 1,163 88,622 SH   SOLE   88,622 0 0
BLACKROCK MUNIYIELD PENNSYLV COM 09255G107 1,289 91,002 SH   SOLE   91,002 0 0
BLACKROCK MUNIYIELD QUAL II COM 09254G108 7,397 566,405 SH   SOLE   566,405 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254E103 16,070 1,182,470 SH   SOLE   1,182,470 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254F100 10,465 694,400 SH   SOLE   694,400 0 0
BLACKROCK MUNI BOND TRUST COM 09249H104 1,273 82,195 SH   SOLE   82,195 0 0
BLACKROCK MUNICIPAL INCOME Q COM 092479104 3,595 253,325 SH   SOLE   253,325 0 0
BLACKROCK MUNICIPAL INC TRST COM 09248F109 4,174 294,435 SH   SOLE   294,435 0 0
BROOKFIELD REAL ASSETS INCOM COM 112830104 1,735 77,683 SH   SOLE   77,683 0 0
DWS MUNICIPAL INCOME TRUST COM 233368109 10,847 933,474 SH   SOLE   933,474 0 0
DWS STRATEGIC MUNICIPAL INCO COM 23342Q101 1,370 114,918 SH   SOLE   114,918 0 0
DOUBLELINE OPPORT CREDIT COM 258623107 31 1,500 SH   SOLE   1,500 0 0
BNYM HIGH YIELD STRAT COM 09660L105 477 156,110 SH   SOLE   156,110 0 0
EATON VANCE CAL MUNI BOND COM 27828A100 1,600 140,588 SH   SOLE   140,588 0 0
EATON VANCE FLOAT RT INC TR COM 278279104 1,058 79,923 SH   SOLE   79,923 0 0
EATON VANCE LTD DURATION FND COM 27828H105 994 79,525 SH   SOLE   79,525 0 0
EATON VANCE MUNICIPAL BOND F COM 27827X101 8,595 662,159 SH   SOLE   662,159 0 0
EATON VANCE MUNICIPAL INCOME COM 27826U108 13,761 1,064,507 SH   SOLE   1,064,507 0 0
EATON VANCE SR FLTG RATE TR COM 27828Q105 1,650 127,679 SH   SOLE   127,679 0 0
FEDERATED PREMIER MUNI INC COM 31423P108 4,500 316,931 SH   SOLE   316,931 0 0
FLAHERTY & CRUMRINE PREFERRE COM 338478100 120 5,770 SH   SOLE   5,770 0 0
FLAH & CRUM TTL RTRN FND COM 338479108 844 37,949 SH   SOLE   37,949 0 0
INVESCO AD MIT II COM 46132E103 6,254 551,500 SH   SOLE   551,500 0 0
INVESCO MUNICIPAL INCOME OPP COM 46132X101 1,106 139,110 SH   SOLE   139,110 0 0
INVESCO MUNICIPAL OPPORTUNI COM 46132C107 802 63,910 SH   SOLE   63,910 0 0
INVESCO QUALITY MUNI INC TR COM 46133G107 7,938 620,124 SH   SOLE   620,124 0 0
INVESCO TRUST FOR INVESTMEN COM 46131M106 8,014 619,384 SH   SOLE   619,384 0 0
INVESCO VALUE MUNICIPAL INCO COM 46132P108 797 51,845 SH   SOLE   51,845 0 0
IVY HIGH INCOME OPPORTUNITY COM 465893105 1,544 113,925 SH   SOLE   113,925 0 0
JOHN HANCOCK INVEST TRUST COM 410142103 718 42,228 SH   SOLE   42,228 0 0
KAYNE ANDERSON MLP/MIDSTREAM COM 486606106 28 2,000 SH   SOLE   2,000 0 0
MFS HIGH YIELD MUNICIPAL TRU COM 59318E102 617 131,316 SH   SOLE   131,316 0 0
MFS INVESTMENT GRADE MUNICIP COM 59318B108 2,252 226,308 SH   SOLE   226,308 0 0
MFS MUNICIPAL INCOME TRUST COM 552738106 2,036 288,726 SH   SOLE   288,726 0 0
MACQUARIE/FT GL INT/UT DV IN COM 55607W100 30 3,000 SH   SOLE   3,000 0 0
NEW AMERICA HIGH INCOME FUND COM 641876800 1,442 160,000 SH   SOLE   160,000 0 0
NUVEEN AMT-FR QU MUNI INC FD COM 670657105 8,307 580,927 SH   SOLE   580,927 0 0
NUVEEN AZ QUAL MUNI INC FD COM 67061W104 1,766 131,232 SH   SOLE   131,232 0 0
NUVEEN CA QUAL MUNI INC FD COM 67066Y105 5,675 378,177 SH   SOLE   378,177 0 0
NUVEEN AMT-FR MUNI CREDIT FD COM 67071L106 6,800 405,106 SH   SOLE   405,106 0 0
NUVEEN ENH MUNI VALUE FD COM 67074M101 1,152 79,982 SH   SOLE   79,982 0 0
NUVEEN FLT RATE INC OPP FD COM 6706EN100 1,515 158,985 SH   SOLE   158,985 0 0
NUVEEN MD QUAL MUNI INC FD COM 67061Q107 1,750 130,768 SH   SOLE   130,768 0 0
NUVEEN MUNI CREDIT INC FD COM 67070X101 7,237 445,623 SH   SOLE   445,623 0 0
NUVEEN MUNI HIGH INC OPP FD COM 670682103 10,985 771,180 SH   SOLE   771,180 0 0
NUVEEN NJ QUAL MUNI INC FD COM 67069Y102 6,578 451,539 SH   SOLE   451,539 0 0
NUVEEN PA QUAL MUNI INC FD COM 670972108 4,004 284,930 SH   SOLE   284,930 0 0
NUVEEN QUAL MUNI INCOME FD COM 67066V101 16,857 1,168,626 SH   SOLE   1,168,626 0 0
NUVEEN REAL ASST INC & GR FD COM 67074Y105 879 50,741 SH   SOLE   50,741 0 0
NUVEEN SENIOR INC FD COM 67067Y104 515 89,953 SH   SOLE   89,953 0 0
NUVEEN VA QUAL MUNI INC FD COM 67064R102 819 59,053 SH   SOLE   59,053 0 0
PIMCO NEW YORK MUNICIPAL II COM 72200Y102 895 74,435 SH   SOLE   74,435 0 0
PROSHARES TR SHORT 20+ TRE 74347X849 9 500 SH   SOLE   500 0 0
PROSHARES TR SHORT 7-10 YR TR 74348A608 13 500 SH   SOLE   500 0 0
PROSHARES TR SHORT S&P 500 NE 74347B425 54 2,000 SH   SOLE   2,000 0 0
PIONEER HIGH INCOME TRUST COM 72369H106 1,459 158,543 SH   SOLE   158,543 0 0
PIONEER MUNI HI INC ADV TRST COM 723762100 7,262 661,350 SH   SOLE   661,350 0 0
PIONEER MUNI HI INCOME TRUST COM 723763108 4,353 346,539 SH   SOLE   346,539 0 0
INVESCO FUNDAMENTAL HIGH YIE ETP 46138E719 1,443 76,142 SH   SOLE   76,142 0 0
PRINCIPAL REAL ESTATE INCOME COM 74255X104 2,106 102,465 SH   SOLE   102,465 0 0
PROSHARES SHORT DOW30 ETP 74347B235 27 500 SH   SOLE   500 0 0
PGIM HIGH YIELD BOND FUND COM 69346H100 1,857 125,568 SH   SOLE   125,568 0 0
SPDR BBG BARC HIGH YIELD BND ETP 78468R622 859 8,000 SH   SOLE   8,000 0 0
THL CREDIT SENIOR LOAN FUND COM 87244R103 554 37,500 SH   SOLE   37,500 0 0
WELLS FARGO INCOME OPPORTUNI COM 94987B105 950 115,540 SH   SOLE   115,540 0 0
WESTERN ASSET CORPORATE LOAN COM 95790J102 537 56,922 SH   SOLE   56,922 0 0
WESTERN ASSET HIGH INC II COM 95766J102 1,371 205,296 SH   SOLE   205,296 0 0
WESTERN ASSET INTERMEDIATE COM 958435109 862 93,118 SH   SOLE   93,118 0 0
WESTERN ASSET MUNICIPAL HIGH COM 95766N103 1,129 148,421 SH   SOLE   148,421 0 0
WESTERN ASSET PREMIER BOND COM 957664105 369 25,878 SH   SOLE   25,878 0 0