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 INCOM COM 003009107 4,867 1,161,556 SH   SOLE   1,161,556 0 0
ABERDEEN AUSTRALIA EQTY FD I COM 003011103 6,237 1,194,832 SH   SOLE   1,194,832 0 0
ABERDEEN EMRG MRKTS EQT INM COM 00301W105 24,678 3,545,644 SH   SOLE   3,545,644 0 0
ABERDEEN GLOBAL DYNAMIC DIVI COM 00302M106 1,404 145,450 SH   SOLE   145,450 0 0
ABERDEEN GLOBAL PREMIER PPTY COM SH BEN INT 00302L108 7,810 1,255,598 SH   SOLE   1,255,598 0 0
ABERDEEN JAPAN EQUITY FD INC COM 00306J109 24,990 3,432,680 SH   SOLE   3,432,680 0 0
ABERDEEN TOTAL DYNAMIC DIVD COM SH BEN INT 00326L100 69,688 8,355,822 SH   SOLE   8,355,822 0 0
ADAM NAT RES FD INC COM 00548F105 3,137 198,149 SH   SOLE   198,149 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 34,079 2,151,445 SH   SOLE   2,151,445 0 0
ALLIANCEBERNSTEIN NATL MUNI COM 01864U106 14,294 1,037,316 SH   SOLE   1,037,316 0 0
ALLIANZGI NFJ DIVID INT & PR COM 01883A107 12,110 990,999 SH   SOLE   990,999 0 0
BLACKROCK CALIF MUN INCOME T SH BEN INT 09248E102 2,459 179,651 SH   SOLE   179,651 0 0
BLACKROCK CORE BD TR SHS BEN INT 09249E101 7,621 527,400 SH   SOLE   527,400 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 3,973 291,684 SH   SOLE   291,684 0 0
BLACKROCK ENH CAP & INC FD I COM 09256A109 10,864 672,297 SH   SOLE   672,297 0 0
BLACKROCK ENHANCED EQT DIV T COM 09251A104 13,310 1,449,858 SH   SOLE   1,449,858 0 0
BLACKROCK ENHANCED GBL DIV T COM 092501105 40,835 3,915,142 SH   SOLE   3,915,142 0 0
BLACKROCK ENHANCED GOVT FD I COM 09255K108 10,806 838,001 SH   SOLE   838,001 0 0
BLACKROCK ENHANCED INTL DIV COM BENE INTER 092524107 35,130 6,469,695 SH   SOLE   6,469,695 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 10,161 828,079 SH   SOLE   828,079 0 0
BLACKROCK INCOME TR INC COM 09247F100 10,519 1,730,136 SH   SOLE   1,730,136 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 11,084 781,694 SH   SOLE   781,694 0 0
BLACKROCK MUNIHLDNGS QLTY II COM 09254C107 4,269 334,273 SH   SOLE   334,273 0 0
BLACKROCK MUNIHLDS INVSTM QL COM 09254P108 3,346 247,294 SH   SOLE   247,294 0 0
BLACKROCK MUNIHOLDNGS QLTY I COM 09254A101 2,210 172,762 SH   SOLE   172,762 0 0
BLACKROCK MUNIY QUALITY FD I COM 09254G108 1,524 117,500 SH   SOLE   117,500 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 10,912 804,160 SH   SOLE   804,160 0 0
BLACKROCK N Y MUN INCOME TR SH BEN INT 09248L106 3,214 227,002 SH   SOLE   227,002 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 40,224 5,377,559 SH   SOLE   5,377,559 0 0
BRANDYWINEGBL GLBAL INM OPRT COM 10537L104 6,775 559,937 SH   SOLE   559,937 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 18,397 2,325,852 SH   SOLE   2,325,852 0 0
CENTRAL SECS CORP COM 155123102 11,734 373,701 SH   SOLE   373,701 0 0
CHINA FD INC COM 169373107 5,006 257,892 SH   SOLE   257,892 0 0
DELAWARE ENHANCED GBL DIV & COM 246060107 466 47,218 SH   SOLE   47,218 0 0
DTF TAX-FREE INCOME INC COM 23334J107 3,688 254,857 SH   SOLE   254,857 0 0
DUFF & PHELPS UTIL CORP BD T COM 26432K108 16,321 1,764,451 SH   SOLE   1,764,451 0 0
DWS MUN INCOME TR NEW COM 233368109 13,243 1,142,603 SH   SOLE   1,142,603 0 0
DWS STRATEGIC MUN INCOME TR COM 23342Q101 1,737 145,719 SH   SOLE   145,719 0 0
EATON VANCE CALIF MUN BD FD COM 27828A100 1,996 176,207 SH   SOLE   176,207 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 31,507 2,520,578 SH   SOLE   2,520,578 0 0
EATON VANCE MUN BD FD COM 27827X101 14,286 1,102,352 SH   SOLE   1,102,352 0 0
EATON VANCE MUNI INCOME TRUS SH BEN INT 27826U108 11,851 920,078 SH   SOLE   920,078 0 0
EATON VANCE NEW YORK MUN BD COM 27827Y109 1,765 141,908 SH   SOLE   141,908 0 0
EATON VANCE SH TM DR DIVR IN COM 27828V104 15,666 1,204,116 SH   SOLE   1,204,116 0 0
EUROPEAN EQUITY FUND COM 298768102 15,582 1,750,822 SH   SOLE   1,750,822 0 0
FEDERATED PREM MUN INC FD COM 31423P108 3,127 220,360 SH   SOLE   220,360 0 0
FIRST TR DYNAMIC EUROPE EQT COM SHS 33740D107 13,025 959,846 SH   SOLE   959,846 0 0
FIRST TR/ABERDEEN EMERG OPT COM 33731K102 2,756 208,342 SH   SOLE   208,342 0 0
FIRST TRUST MORTGAGE INCM FD COM SHS 33734E103 8,552 611,325 SH   SOLE   611,325 0 0
GENERAL AMERN INVS INC COM 368802104 26,424 726,923 SH   SOLE   726,923 0 0
HANCOCK JOHN INCOME SECS TR COM 410123103 13,022 898,039 SH   SOLE   898,039 0 0
HANCOCK JOHN INV TRUST TAX ADV GLB SH 41013P749 744 108,991 SH   SOLE   108,991 0 0
HANCOCK JOHN INVS TR COM 410142103 13,734 806,906 SH   SOLE   806,906 0 0
INDIA FD INC COM 454089103 2,262 110,156 SH   SOLE   110,156 0 0
INVESCO BD FD COM 46132L107 3,457 174,926 SH   SOLE   174,926 0 0
ISHARES INC MSCI AUST ETF 464286103 29,675 1,333,711 SH   SOLE   1,333,711 0 0
ISHARES INC MSCI EURZONE ETF 464286608 84,519 2,173,280 SH   SOLE   2,173,280 0 0
ISHARES INC MSCI FRANCE ETF 464286707 50,788 1,685,074 SH   SOLE   1,685,074 0 0
ISHARES INC MSCI GERMANY ETF 464286806 18,395 683,581 SH   SOLE   683,581 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 258,464 4,555,228 SH   SOLE   4,555,228 0 0
ISHARES INC MSCI SWITZERLAND 464286749 22,844 605,951 SH   SOLE   605,951 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 89,290 793,900 SH   SOLE   793,900 0 0
ISHARES TR MBS ETF 464288588 41,620 384,300 SH   SOLE   384,300 0 0
ISHARES TR SHRT NAT MUN ETF 464288158 11,528 108,200 SH   SOLE   108,200 0 0
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 48,632 5,545,321 SH   SOLE   5,545,321 0 0
KOREA FD COM NEW 500634209 13,292 484,581 SH   SOLE   484,581 0 0
LAZARD GLB TTL RET&INCM FD I COM 52106W103 4,517 288,997 SH   SOLE   288,997 0 0
LAZARD WORLD DIVID & INCOME COM 521076109 339 36,322 SH   SOLE   36,322 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 14,604 2,281,940 SH   SOLE   2,281,940 0 0
MACQUARIE GLBL INFRA TOTL RE COM 55608D101 12,882 534,971 SH   SOLE   534,971 0 0
MEXICO EQUITY & INCOME FD COM 592834105 3,074 292,277 SH   SOLE   292,277 0 0
MEXICO FD INC COM 592835102 3,301 252,929 SH   SOLE   252,929 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 13,030 1,567,959 SH   SOLE   1,567,959 0 0
MFS GOVT MKTS INCOME TR SH BEN INT 552939100 18,468 4,006,090 SH   SOLE   4,006,090 0 0
MFS INTER INCOME TR SH BEN INT 55273C107 46,008 12,043,857 SH   SOLE   12,043,857 0 0
MFS INVT GRADE MUN TR SH BEN INT 59318B108 1,268 127,697 SH   SOLE   127,697 0 0
MFS MUN INCOME TR SH BEN INT 552738106 2,341 332,537 SH   SOLE   332,537 0 0
MORGAN STANLEY CHINA A SH FD COM 617468103 28,527 1,394,268 SH   SOLE   1,394,268 0 0
MORGAN STANLEY INDIA INVS FD COM 61745C105 2,403 126,798 SH   SOLE   126,798 0 0
NEW GERMANY FD INC COM 644465106 16,959 1,223,603 SH   SOLE   1,223,603 0 0
NEW IRELAND FUND INC COM 645673104 5,451 636,840 SH   SOLE   636,840 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 14,941 1,044,100 SH   SOLE   1,044,100 0 0
NUVEEN CALIF MUN VALUE FD COM 67062C107 2,555 241,043 SH   SOLE   241,043 0 0
NUVEEN ENHANCED MUN VALUE FD COM 67074M101 1,282 89,400 SH   SOLE   89,400 0 0
NUVEEN GEORGIA QLTY MUN INC COM 67072B107 1,974 159,074 SH   SOLE   159,074 0 0
NUVEEN INT DUR QUAL MUN TRM COM 670677103 2,049 149,861 SH   SOLE   149,861 0 0
NUVEEN MULTI MKT INCOME FD COM 67075J107 7,592 1,032,915 SH   SOLE   1,032,915 0 0
NUVEEN MUN VALUE FD INC COM 670928100 6,324 601,721 SH   SOLE   601,721 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 10,675 743,414 SH   SOLE   743,414 0 0
NUVEEN REAL ESTATE INCOME FD COM 67071B108 4,175 379,930 SH   SOLE   379,930 0 0
NUVEEN SELECT MAT MUN FD SH BEN INT 67061T101 5,094 489,782 SH   SOLE   489,782 0 0
NUVEEN SELECT TAX FREE INCM SH BEN INT 67063C106 12,933 863,374 SH   SOLE   863,374 0 0
NUVEEN SELECT TAX FREE INCM SH BEN INT 67063X100 6,722 418,058 SH   SOLE   418,058 0 0
NUVEEN TEXAS QLTY MUN INCME COM 670983105 3,139 225,967 SH   SOLE   225,967 0 0
NUVEEN VIRGINIA QLTY MUNCPL COM 67064R102 2,180 157,654 SH   SOLE   157,654 0 0
PGIM GLOBAL HIGH YIELD FD IN COM 69346J106 8,335 580,017 SH   SOLE   580,017 0 0
PGIM HIGH YIELD BOND FUND IN COM 69346H100 11,526 770,992 SH   SOLE   770,992 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 2,358 233,007 SH   SOLE   233,007 0 0
ROYCE VALUE TR INC COM 780910105 1,913 139,050 SH   SOLE   139,050 0 0
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 2,367 47,800 SH   SOLE   47,800 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 935 12,050 SH   SOLE   12,050 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 37,071 124,915 SH   SOLE   124,915 0 0
SPROTT FOCUS TR INC COM 85208J109 9,463 1,404,052 SH   SOLE   1,404,052 0 0
SWISS HELVETIA FD INC COM 870875101 3,112 387,589 SH   SOLE   387,589 0 0
TAIWAN FD INC COM 874036106 9,411 509,556 SH   SOLE   509,556 0 0
TEKLA HEALTHCARE OPPORTUNIT SHS 879105104 1,828 104,712 SH   SOLE   104,712 0 0
TEMPLETON DRAGON FD INC COM 88018T101 12,297 686,578 SH   SOLE   686,578 0 0
TEMPLETON EMERGING MKTS FD I COM 880191101 19,429 1,325,332 SH   SOLE   1,325,332 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 5,876 957,032 SH   SOLE   957,032 0 0
THE CENTRAL AND EASTERN EU I COM 153436100 8,450 325,010 SH   SOLE   325,010 0 0
VOYA ASIA PAC DIVID EQUITY I COM 92912J102 4,096 483,036 SH   SOLE   483,036 0 0
VOYA EMERGING MKTS HIGH DIVI COM 92912P108 12,318 1,717,961 SH   SOLE   1,717,961 0 0
VOYA GLBL ADV & PREM OPP FD COM 92912R104 512 49,519 SH   SOLE   49,519 0 0
VOYA GLBL EQTY DIV & PREM OP COM 92912T100 468 77,934 SH   SOLE   77,934 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 2,243 128,752 SH   SOLE   128,752 0 0
WESTERN ASSET INTM MUNI FD I COM 958435109 3,872 421,800 SH   SOLE   421,800 0 0
WESTERN ASSET MUN HI INCM FD COM 95766N103 331 43,714 SH   SOLE   43,714 0 0
WESTERN ASSET PREMIER BD FD SHS BEN INT 957664105 16,287 1,146,156 SH   SOLE   1,146,156 0 0
WESTERN ASST INFLTN LKD INM COM SH BEN INT 95766Q106 21,454 1,851,073 SH   SOLE   1,851,073 0 0
WESTERN AST INFL LKD OPP & I COM 95766R104 34,322 3,097,653 SH   SOLE   3,097,653 0 0