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
ADAM NAT RES FD INC COM 00548F105 922 56,000 SH   DFND 1 2 56,000 0 0
ALLIANZGI CONV INCOME FD COM 018828103 115 20,000 SH   DFND 1 2 20,000 0 0
ALLIANZGI CONV INCOME FD II COM 018825109 102 20,000 SH   DFND 1 2 20,000 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 553 65,000 SH   DFND 1 2 65,000 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 13 20,000 SH Call DFND 1 2 20,000 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 53 106,500 SH Call DFND 1 2 106,500 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 37 298,700 SH Call DFND 1 2 298,700 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 250 500,000 SH Call DFND 1 2 500,000 0 0
APOLLO SR FLOATING RATE FD I COM 037636107 599 39,546 SH   DFND 1 2 39,546 0 0
AVAYA HLDGS CORP COM 05351X101 202 14,983 SH   DFND 1 2 14,983 0 0
AVAYA HLDGS CORP COM 05351X101 1,148 85,047 SH   DFND 1 2 85,047 0 0
AVAYA HLDGS CORP NOTE 2.250% 6/1 05351XAB7 6,823 7,687,000 PRN   DFND 1 2 7,687,000 0 0
AVAYA HLDGS CORP NOTE 2.250% 6/1 05351XAB7 1,201 1,353,000 PRN   DFND 1 2 1,353,000 0 0
BARINGS BDC INC COM 06759L103 190 18,521 SH   DFND 1 2 18,521 0 0
BLACKROCK CALIF MUN INCOME T SH BEN INT 09248E102 614 45,255 SH   DFND 1 2 45,255 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 1,861 138,498 SH   DFND 1 2 138,498 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 712 52,986 SH   DFND 1 2 52,986 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 508 39,455 SH   DFND 1 2 39,455 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 1,387 107,768 SH   DFND 1 2 107,768 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 248 17,392 SH   DFND 1 2 17,392 0 0
BLACKROCK MUNIHLDGS NY QLTY COM 09255C106 190 13,914 SH   DFND 1 2 13,914 0 0
BLACKROCK MUNIHLDNGS CALI QL COM 09254L107 187 13,399 SH   DFND 1 2 13,399 0 0
BLACKROCK MUNIHLDNGS CALI QL COM 09254L107 1,444 103,249 SH   DFND 1 2 103,249 0 0
BLACKROCK MUNIHLDNGS CALI QL COM 09254L107 183 13,065 SH   DFND 1 2 13,065 0 0
BLACKROCK MUNIHLDNGS QLTY II COM 09254C107 450 35,675 SH   DFND 1 2 35,675 0 0
BLACKROCK MUNIHLDS INVSTM QL COM 09254P108 258 19,405 SH   DFND 1 2 19,405 0 0
BLACKROCK MUNIHLDS INVSTM QL COM 09254P108 450 33,830 SH   DFND 1 2 33,830 0 0
BLACKROCK MUNIHLDS INVSTM QL COM 09254P108 2,338 175,959 SH   DFND 1 2 175,959 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 596 65,422 SH   DFND 1 2 65,422 0 0
BLACKROCK MUNIYIELD CALI QLT COM 09254N103 1,391 97,904 SH   DFND 1 2 97,904 0 0
BLACKROCK MUNIYIELD NY QLTY COM 09255E102 241 18,444 SH   DFND 1 2 18,444 0 0
BLACKROCK MUNIYIELD NY QLTY COM 09255E102 899 68,704 SH   DFND 1 2 68,704 0 0
BLACKROCK MUNIYIELD PA QLTY COM 09255G107 331 23,160 SH   DFND 1 2 23,160 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 180 13,326 SH   DFND 1 2 13,326 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 213 15,763 SH   DFND 1 2 15,763 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 1,823 135,010 SH   DFND 1 2 135,010 0 0
BLACKROCK MUNIYLD INVST QLTY COM 09254T100 292 21,561 SH   DFND 1 2 21,561 0 0
BRANDYWINEGBL GLBAL INM OPRT COM 10537L104 280 22,189 SH   DFND 1 2 22,189 0 0
CLEARBRIDGE ENERGY MIDSTRM O COM 18469P100 148 17,632 SH   DFND 1 2 17,632 0 0
CLEARBRIDGE ENERGY MIDSTRM O COM 18469P100 777 92,368 SH   DFND 1 2 92,368 0 0
CLEARBRIDGE MLP AND MIDSTRM COM 184692101 676 60,000 SH   DFND 1 2 60,000 0 0
CLEARBRIDGE MLP AND MIDSTRM COM 184692101 465 41,300 SH   DFND 1 2 41,300 0 0
CPI CARD GROUP INC COM NEW 12634H200 13 14,564 SH   DFND 1 2 14,564 0 0
CPI CARD GROUP INC COM NEW 12634H200 75 82,978 SH   DFND 1 2 82,978 0 0
CUSHING RENAISSANCE FD COM 231647108 667 49,297 SH   DFND 1 2 49,297 0 0
DELAWARE INV MN MUN INC FD I COM 24610V103 1,422 108,217 SH   DFND 1 2 108,217 0 0
DWS MUN INCOME TR NEW COM 233368109 375 33,122 SH   DFND 1 2 33,122 0 0
DWS MUN INCOME TR NEW COM 233368109 2,888 254,939 SH   DFND 1 2 254,939 0 0
DWS MUN INCOME TR NEW COM 233368109 879 77,609 SH   DFND 1 2 77,609 0 0
EATON VANCE CALIF MUN BD FD COM 27828A100 166 14,721 SH   DFND 1 2 14,721 0 0
EATON VANCE FLTING RATE INC COM 278279104 472 34,394 SH   DFND 1 2 34,394 0 0
EATON VANCE FLTING RATE INC COM 278279104 655 47,741 SH   DFND 1 2 47,741 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 1,100 83,000 SH   DFND 1 2 83,000 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 916 67,579 SH   DFND 1 2 67,579 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 123 19,166 SH   DFND 1 2 19,166 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 353 55,089 SH   DFND 1 2 55,089 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 702 109,515 SH   DFND 1 2 109,515 0 0
ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336T100 318 51,900 SH   DFND 1 2 51,900 0 0
EQM MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 329 11,000 SH   DFND 1 2 11,000 0 0
FEDERATED PREM MUN INC FD COM 31423P108 196 13,921 SH   DFND 1 2 13,921 0 0
FIDUCIARY CLAYMORE ENGRY INF COM 31647Q106 154 19,518 SH   DFND 1 2 19,518 0 0
FIDUCIARY CLAYMORE ENGRY INF COM 31647Q106 1,070 135,482 SH   DFND 1 2 135,482 0 0
FIRST TR SR FLG RTE INCM FD COM 33733U108 782 62,272 SH   DFND 1 2 62,272 0 0
FIRST TR SR FLOATING RATE 20 COM SHS 33740K101 582 63,311 SH   DFND 1 2 63,311 0 0
FS KKR CAPITAL CORP COM 302635107 488 79,589 SH   DFND 1 2 79,589 0 0
FST TR NEW OPPORT MLP & ENE COM 33739M100 275 29,500 SH   DFND 1 2 29,500 0 0
GABELLI DIVD & INCOME TR COM 36242H104 536 24,424 SH   DFND 1 2 24,424 0 0
GDL FUND COM SH BEN IT 361570104 239 25,713 SH   DFND 1 2 25,713 0 0
GDL FUND COM SH BEN IT 361570104 626 67,363 SH   DFND 1 2 67,363 0 0
GOLDMAN SACHS MLP INC OPP FD COM SHS 38147W103 545 89,800 SH   DFND 1 2 89,800 0 0
GOLDMAN SACHS MLP INC OPP FD COM SHS 38147W103 396 65,200 SH   DFND 1 2 65,200 0 0
HIGHLAND INCOME FUND HIGHLAND INCOME 43010E404 497 40,000 SH   DFND 1 2 40,000 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 451 39,754 SH   DFND 1 2 39,754 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 119 10,514 SH   DFND 1 2 10,514 0 0
INVESCO EXCHNG TRADED FD TR SR LN ETF 46138G508 7,188 315,000 SH   DFND 1 2 315,000 0 0
INVESCO PA VALUE MUN INCOME COM 46132K109 434 32,917 SH   DFND 1 2 32,917 0 0
ISHARES TR IBOXX HI YD ETF 464288513 20 85,100 SH Put DFND 1 2 85,100 0 0
ISHARES TR IBOXX HI YD ETF 464288513 3 14,900 SH Put DFND 1 2 14,900 0 0
ISHARES TR IBOXX HI YD ETF 464288513 1 25,000 SH Put DFND 1 2 25,000 0 0
KAYNE ANDERSN MLP MIDS INVT COM 486606106 697 50,000 SH   DFND 1 2 50,000 0 0
MARTIN MIDSTREAM PRTNRS L P UNIT L P INT 573331105 40 10,000 SH   DFND 1 2 10,000 0 0
NEUBERGER BERMAN MLP AND ENR COM 64129H104 1,352 200,000 SH   DFND 1 2 100,000 0 0
NUVEEN ARIZONA QLTY MUN INC COM 67061W104 198 14,699 SH   DFND 1 2 14,699 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 1,687 220,000 SH   DFND 1 2 220,000 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 3,061 399,149 SH   DFND 1 2 399,149 0 0
NUVEEN FLOATING RATE INCOME COM 67072T108 666 65,000 SH   DFND 1 2 65,000 0 0
NUVEEN FLOATING RATE INCOME COM 67072T108 103 10,025 SH   DFND 1 2 10,025 0 0
NUVEEN FLOATING RATE INCOME COM 67072T108 587 57,281 SH   DFND 1 2 57,281 0 0
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 1,404 140,500 SH   DFND 1 2 140,500 0 0
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 567 56,759 SH   DFND 1 2 56,759 0 0
NUVEEN GEORGIA QLTY MUN INC COM 67072B107 127 10,090 SH   DFND 1 2 10,090 0 0
NUVEEN MINESOTA QLT MUN INC SHS 670734102 560 38,323 SH   DFND 1 2 38,323 0 0
NUVEEN SHT DUR CR OPP FD COM 67074X107 1,204 79,287 SH   DFND 1 2 79,287 0 0
NUVEEN SHT DUR CR OPP FD COM 67074X107 282 18,539 SH   DFND 1 2 18,539 0 0
NUVEEN SR INCOME FD COM 67067Y104 1,192 200,000 SH   DFND 1 2 200,000 0 0
NUVEEN SR INCOME FD COM 67067Y104 520 87,205 SH   DFND 1 2 87,205 0 0
NUVEEN SR INCOME FD COM 67067Y104 91 15,262 SH   DFND 1 2 15,262 0 0
NUVEEN TEXAS QLTY MUN INCME COM 670983105 504 35,144 SH   DFND 1 2 35,144 0 0
OAKTREE SPECIALTY LENDING CO COM 67401P108 638 116,911 SH   DFND 1 2 116,911 0 0
PIMCO ENRGY TACTICAL CR OPP COM SHS BEN INT 69346N107 825 50,000 SH   DFND 1 2 50,000 0 0
PIONEER MUN HIGH INCOME ADV COM 723762100 757 70,000 SH   DFND 1 2 70,000 0 0
PREFERRED APT CMNTYS INC COM 74039L103 266 20,000 SH   DFND 1 2 20,000 0 0
RIVERNORTH OPPRTUNITIES FD I COM 76881Y109 824 50,500 SH   DFND 1 2 50,500 0 0
SOUTHWESTERN ENERGY CO COM 845467109 121 50,000 SH   DFND 1 2 50,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 160 150,000 SH Put DFND 1 2 50,000 0 0
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101 1,466 100,000 SH   DFND 1 2 100,000 0 0
SUMMIT MIDSTREAM PARTNERS LP COM UNIT LTD 866142102 50 15,000 SH   DFND 1 2 15,000 0 0
TEKLA LIFE SCIENCES INVS SH BEN INT 87911K100 334 19,169 SH   DFND 1 2 19,169 0 0
TEKLA LIFE SCIENCES INVS SH BEN INT 87911K100 1,600 91,824 SH   DFND 1 2 91,824 0 0
TORTOISE ENERGY INDEPENDENC COM 89148K101 617 142,410 SH   DFND 1 2 142,410 0 0
TORTOISE ESSENTIAL ASSETS IN COM SH BEN INT 89148A103 1,005 61,318 SH   DFND 1 2 61,318 0 0
TORTOISE ESSENTIAL ASSETS IN COM SH BEN INT 89148A103 197 12,000 SH   DFND 1 2 12,000 0 0
TORTOISE MIDSTRM ENERGY FD I COM 89148B101 586 53,485 SH   DFND 1 2 53,485 0 0
TORTOISE MIDSTRM ENERGY FD I COM 89148B101 789 72,015 SH   DFND 1 2 72,015 0 0
TORTOISE PWR & ENERGY INFRAS COM 89147X104 480 28,312 SH   DFND 1 2 28,312 0 0
UBS AG LONDON BRH ETRACS MTH 2XLV 90270L842 2,138 149,946 SH   DFND 1 2 149,946 0 0
VERTICAL CAP INCOME FUND SHS BEN INT 92535C104 699 67,174 SH   DFND 1 2 67,174 0 0
VOYA GLBL EQTY DIV & PREM OP COM 92912T100 189 30,600 SH   DFND 1 2 30,600 0 0
VOYA GLBL EQTY DIV & PREM OP COM 92912T100 338 54,651 SH   DFND 1 2 54,651 0 0
VOYA INFRASTRUCTURE INDLS & COM 92912X101 329 28,547 SH   DFND 1 2 28,547 0 0
VOYA INFRASTRUCTURE INDLS & COM 92912X101 158 13,725 SH   DFND 1 2 13,725 0 0
VOYA NAT RES EQUITY INCOME F COM 92913C106 531 128,841 SH   DFND 1 2 128,841 0 0
VOYA PRIME RATE TR SH BEN INT 92913A100 387 77,269 SH   DFND 1 2 77,269 0 0
WESTERN ASSET CORPORATE LN F COM 95790J102 577 58,196 SH   DFND 1 2 58,196 0 0
WESTERN ASSET CORPORATE LN F COM 95790J102 293 29,582 SH   DFND 1 2 29,582 0 0
WESTERN ASSET CORPORATE LN F COM 95790J102 527 53,162 SH   DFND 1 2 53,162 0 0