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 7 1,570 SH   SOLE   1,570 0 0
ALLIANCE NATIONAL MUNI INC COM 01864U106 2,619 187,316 SH   SOLE   187,316 0 0
ALLIANZGI CONV & INCOME II COM 018825109 8 1,570 SH   SOLE   1,570 0 0
ABERDEEN GLBL PREM PROP COM 00302L108 6 900 SH   SOLE   900 0 0
APOLLO SENIOR FLOATING RATE COM 037636107 1,499 99,021 SH   SOLE   99,021 0 0
APOLLO TACTICAL INCOME FUND COM 037638103 636 42,141 SH   SOLE   42,141 0 0
ARES DYNAMIC CREDIT ALLOCATI COM 04014F102 1,567 102,073 SH   SOLE   102,073 0 0
BLACKROCK CALIFOR MUNI IN TR COM 09248E102 2,072 152,817 SH   SOLE   152,817 0 0
BLACKROCK CREDIT ALLOCATION COM 092508100 699 50,000 SH   SOLE   50,000 0 0
BLACKROCK INVT QUALITY MUNI COM 09247D105 1,248 80,123 SH   SOLE   80,123 0 0
BLACKROCK MUNI INTERM DURATI COM 09253X102 6,986 490,579 SH   SOLE   490,579 0 0
BLACKROCK MUNIENHANCED FUND COM 09253Y100 6,643 595,292 SH   SOLE   595,292 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254P108 8,830 664,401 SH   SOLE   664,401 0 0
BLACKROCK MUNIHOLDINGS NJ QU COM 09254X101 2,458 171,290 SH   SOLE   171,290 0 0
BLACKROCK MUNIHOLDINGS NY QU COM 09255C106 1,866 136,893 SH   SOLE   136,893 0 0
BLACKROCK MUNIHOLDINGS QU II COM 09254C107 6,556 519,902 SH   SOLE   519,902 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254A101 2,875 228,744 SH   SOLE   228,744 0 0
BLACKROCK MUNIVEST FUND COM 09253R105 14,406 1,581,359 SH   SOLE   1,581,359 0 0
BLACKROCK MUNIYIELD CALI FD COM 09254M105 3,033 214,830 SH   SOLE   214,830 0 0
BLACKROCK MUNIYIELD CA QUALI COM 09254N103 3,019 212,444 SH   SOLE   212,444 0 0
BLACKROCK MUNIYIELD FUND COM 09253W104 1,117 75,349 SH   SOLE   75,349 0 0
BLACKROCK MUNIYIELD MI QUALI COM 09254V105 8,804 620,203 SH   SOLE   620,203 0 0
BLACKROCK MUNIYIELD NY QUALI COM 09255E102 1,106 84,462 SH   SOLE   84,462 0 0
BLACKROCK MUNIYIELD PENNSYLV COM 09255G107 2,213 154,851 SH   SOLE   154,851 0 0
BLACKROCK MUNIYIELD QUAL II COM 09254G108 5,935 456,534 SH   SOLE   456,534 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254E103 13,320 986,696 SH   SOLE   986,696 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254F100 7,506 498,756 SH   SOLE   498,756 0 0
BLACKROCK MUNICIPAL INCOME Q COM 092479104 2,742 195,134 SH   SOLE   195,134 0 0
BLACKROCK MUNICIPAL INC TRST COM 09248F109 3,437 242,547 SH   SOLE   242,547 0 0
BROOKFIELD REAL ASSETS INCOM COM 112830104 1,634 76,523 SH   SOLE   76,523 0 0
DWS MUNICIPAL INCOME TRUST COM 233368109 10,350 913,474 SH   SOLE   913,474 0 0
DWS STRATEGIC MUNICIPAL INCO COM 23342Q101 1,415 119,121 SH   SOLE   119,121 0 0
DOUBLELINE OPPORT CREDIT COM 258623107 7 340 SH   SOLE   340 0 0
BNYM HIGH YIELD STRAT COM 09660L105 975 314,490 SH   SOLE   314,490 0 0
BNYM STRAT MUNI BND COM 09662E109 853 106,797 SH   SOLE   106,797 0 0
BNYM STRAT MUNI COM 05588W108 391 46,000 SH   SOLE   46,000 0 0
EATON VANCE CAL MUNI BOND COM 27828A100 1,268 112,724 SH   SOLE   112,724 0 0
EATON VANCE FLOAT RT INC TR COM 278279104 1,097 79,923 SH   SOLE   79,923 0 0
EATON VANCE LTD DURATION FND COM 27828H105 1,054 79,525 SH   SOLE   79,525 0 0
EATON VANCE MUNICIPAL BOND F COM 27827X101 7,027 545,548 SH   SOLE   545,548 0 0
EATON VANCE MUNICIPAL INCOME COM 27826U108 9,040 709,035 SH   SOLE   709,035 0 0
EATON VANCE SR FLTG RATE TR COM 27828Q105 1,730 127,679 SH   SOLE   127,679 0 0
FEDERATED PREMIER MUNI INC COM 31423P108 3,253 230,698 SH   SOLE   230,698 0 0
FLAHERTY & CRUMRINE PREFERRE COM 338478100 455 21,000 SH   SOLE   21,000 0 0
INVESCO AD MIT II COM 46132E103 5,733 513,219 SH   SOLE   513,219 0 0
INVESCO DYNAMIC CREDIT OPP COM 46132R104 244 21,516 SH   SOLE   21,516 0 0
INVESCO MUNICIPAL INCOME OPP COM 46132X101 1,496 189,562 SH   SOLE   189,562 0 0
INVESCO MUNICIPAL OPPORTUNI COM 46132C107 5,440 440,145 SH   SOLE   440,145 0 0
INVESCO MUNICIPAL TRUST COM 46131J103 4,012 324,609 SH   SOLE   324,609 0 0
INVESCO QUALITY MUNI INC TR COM 46133G107 6,511 517,581 SH   SOLE   517,581 0 0
INVESCO SENIOR INCOME TRUST COM 46131H107 1,109 258,394 SH   SOLE   258,394 0 0
INVESCO TAXABLE MUNICIPAL BO ETP 46138G805 118 3,740 SH   SOLE   3,740 0 0
INVESCO TRUST FOR INVESTMEN COM 46131M106 8,549 665,303 SH   SOLE   665,303 0 0
IVY HIGH INCOME OPPORTUNITY COM 465893105 1,584 113,925 SH   SOLE   113,925 0 0
JOHN HANCOCK INVEST TRUST COM 410142103 750 42,228 SH   SOLE   42,228 0 0
MFS HIGH YIELD MUNICIPAL TRU COM 59318E102 325 68,689 SH   SOLE   68,689 0 0
MFS INVESTMENT GRADE MUNICIP COM 59318B108 1,316 134,773 SH   SOLE   134,773 0 0
MFS MUNICIPAL INCOME TRUST COM 552738106 2,174 307,521 SH   SOLE   307,521 0 0
NEW AMERICA HIGH INCOME FUND COM 641876800 1,317 144,207 SH   SOLE   144,207 0 0
NUVEEN AMT-FR QU MUNI INC FD COM 670657105 6,556 455,879 SH   SOLE   455,879 0 0
NUVEEN AZ QUAL MUNI INC FD COM 67061W104 1,769 131,295 SH   SOLE   131,295 0 0
NUVEEN CA QUAL MUNI INC FD COM 67066Y105 2,735 183,677 SH   SOLE   183,677 0 0
NUVEEN AMT-FR MUNI CREDIT FD COM 67071L106 7,832 469,850 SH   SOLE   469,850 0 0
NUVEEN FLT RATE INC OPP FD COM 6706EN100 1,366 136,775 SH   SOLE   136,775 0 0
NUVEEN GA QUAL MUNI INC FD COM 67072B107 531 42,089 SH   SOLE   42,089 0 0
NUVEEN MD QUAL MUNI INC FD COM 67061Q107 1,963 145,930 SH   SOLE   145,930 0 0
NUVEEN MUNI CREDIT INC FD COM 67070X101 3,250 198,520 SH   SOLE   198,520 0 0
NUVEEN MUNI HIGH INC OPP FD COM 670682103 9,050 637,741 SH   SOLE   637,741 0 0
NUVEEN NJ QUAL MUNI INC FD COM 67069Y102 6,913 471,539 SH   SOLE   471,539 0 0
NUVEEN OH QUAL MUNI INC FD COM 670980101 1,543 100,000 SH   SOLE   100,000 0 0
NUVEEN PA QUAL MUNI INC FD COM 670972108 2,861 202,186 SH   SOLE   202,186 0 0
NUVEEN PFD AND INC TERM FD COM 67075A106 443 17,180 SH   SOLE   17,180 0 0
NUVEEN QUAL MUNI INCOME FD COM 67066V101 12,249 838,968 SH   SOLE   838,968 0 0
NUVEEN REAL ASST INC & GR FD COM 67074Y105 932 50,741 SH   SOLE   50,741 0 0
PIMCO NEW YORK MUNICIPAL II COM 72200Y102 1,264 104,712 SH   SOLE   104,712 0 0
PROSHARES TR SHORT 20+ TRE 74347X849 1 50 SH   SOLE   50 0 0
PROSHARES TR SHORT 7-10 YR TR 74348A608 1 50 SH   SOLE   50 0 0
PROSHARES TR SHORT S&P 500 NE 74347B425 5 200 SH   SOLE   200 0 0
PIONEER HIGH INCOME TRUST COM 72369H106 1,847 193,613 SH   SOLE   193,613 0 0
PIONEER MUNI HI INC ADV TRST COM 723762100 7,149 661,350 SH   SOLE   661,350 0 0
PIONEER MUNI HI INCOME TRUST COM 723763108 5,907 489,009 SH   SOLE   489,009 0 0
INVESCO FUNDAMENTAL HIGH YIE ETP 46138E719 1,466 76,142 SH   SOLE   76,142 0 0
PRINCIPAL REAL ESTATE INCOME COM 74255X104 1,810 85,698 SH   SOLE   85,698 0 0
PROSHARES SHORT DOW30 ETP 74347B235 2 50 SH   SOLE   50 0 0
PGIM HIGH YIELD BOND FUND COM 69346H100 1,910 124,018 SH   SOLE   124,018 0 0
SPDR BBG BARC HIGH YIELD BND ETP 78468R622 876 8,000 SH   SOLE   8,000 0 0
ISHARES TREASURY FLOATING RA ETP 46434V860 180 3,580 SH   SOLE   3,580 0 0
VANGUARD FTSE EMERGING MARKE ETP 922042858 49 1,100 SH   SOLE   1,100 0 0
VANGUARD TOT WORLD STK ETF ETP 922042742 249 3,075 SH   SOLE   3,075 0 0
WELLS FARGO INCOME OPPORTUNI COM 94987B105 778 92,348 SH   SOLE   92,348 0 0
WESTERN ASSET CORPORATE LOAN COM 95790J102 537 54,212 SH   SOLE   54,212 0 0
WESTERN ASSET HIGH INC II COM 95766J102 1,777 263,596 SH   SOLE   263,596 0 0
WESTERN ASSET MANAGED MUNICI COM 95766M105 1,228 92,209 SH   SOLE   92,209 0 0
WESTERN ASSET PREMIER BOND COM 957664105 379 25,878 SH   SOLE   25,878 0 0
ISHARES INTERMEDIATE-TERM CO ETP 464288638 119 2,050 SH   SOLE   2,050 0 0
ISHARES MBS ETF ETP 464288588 357 3,300 SH   SOLE   3,300 0 0
ISHARES RUSSELL 2000 ETF ETP 464287655 38 230 SH   SOLE   230 0 0
ISHARES RUSSELL MID-CAP ETF ETP 464287499 37 620 SH   SOLE   620 0 0
ISHARES TIPS BOND ETF ETP 464287176 60 515 SH   SOLE   515 0 0