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 JAPAN EQUITY FD INC COM 00306J109 216 27,700 SH   SOLE   0 0 0
ADECOAGRO S A COM L00849106 5,790 691,726 SH   SOLE   0 0 0
AG MTG INVT TR INC COM 001228105 3,853 249,846 SH   SOLE   0 0 0
ALCENTRA CAP CORP COM 01374T102 702 77,561 SH   SOLE   0 0 0
ANNALY CAP MGMT INC COM 035710409 8,692 922,757 SH   SOLE   0 0 0
ANWORTH MORTGAGE ASSET CP COM 037347101 136 38,506 SH   SOLE   0 0 0
ARLINGTON ASSET INVT CORP CL A NEW 041356205 794 142,632 SH   SOLE   0 0 0
ARMOUR RESIDENTIAL REIT INC COM NEW 042315507 963 53,897 SH   SOLE   0 0 0
ASA GOLD AND PRECIOUS MTLS L SHS G3156P103 1,226 89,914 SH   SOLE   0 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 2,717 8 SH   SOLE   0 0 0
BLACKROCK CALIF MUN INCOME T SH BEN INT 09248E102 1,498 110,496 SH   SOLE   0 0 0
BLACKROCK DEBT STRAT FD INC COM NEW 09255R202 137 12,222 SH   SOLE   0 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 1,361 101,238 SH   SOLE   0 0 0
BLACKROCK MUNI N Y INTER DUR COM 09255F109 752 49,112 SH   SOLE   0 0 0
BLACKROCK NY MUNICIPAL BOND COM 09249P106 552 36,536 SH   SOLE   0 0 0
BLUE CAP REINS HLDGS LTD COM G1190F107 2,689 391,961 SH   SOLE   0 0 0
BRANDYWINEGBL GLBAL INM OPRT COM 10537L104 1,396 110,503 SH   SOLE   0 0 0
CHERRY HILL MTG INVT CORP COM 164651101 407 27,868 SH   SOLE   0 0 0
CITIGROUP INC COM NEW 172967424 360 4,500 SH   SOLE   0 0 0
CLEARBRIDGE ENERGY MIDSTRM O COM 18469P100 751 89,300 SH   SOLE   0 0 0
EATON VANCE FLTG RATE INCOM COM SHS BEN INT 278284104 737 46,046 SH   SOLE   0 0 0
EATON VANCE FLTING RATE INC COM 278279104 1,626 118,533 SH   SOLE   0 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 1,341 98,943 SH   SOLE   0 0 0
ELLINGTON RESIDENTIAL MTG RE COM SHS BEN INT 288578107 2,410 222,157 SH   SOLE   0 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 282 10,000 SH   SOLE   0 0 0
EQUUS TOTAL RETURN INC COM 294766100 99 54,210 SH   SOLE   0 0 0
EXANTAS CAP CORP COM NEW 30068N105 2,603 220,402 SH   SOLE   0 0 0
FIRST TR SR FLG RTE INCM FD COM 33733U108 779 62,451 SH   SOLE   0 0 0
FRONT YD RESIDENTIAL CORP COM 35904G107 1,729 140,089 SH   SOLE   0 0 0
FS KKR CAPITAL CORP COM 302635107 6,369 1,038,962 SH   SOLE   0 0 0
GABELLI DIVD & INCOME TR COM 36242H104 702 31,964 SH   SOLE   0 0 0
GARRISON CAP INC COM 366554103 2,373 407,707 SH   SOLE   0 0 0
GLOBAL X FDS GLBL X MLP ETF 37950E473 1,323 167,916 SH   SOLE   0 0 0
GOLUB CAP BDC INC COM 38173M102 963 52,166 SH   SOLE   0 0 0
GREAT AJAX CORP COM 38983D300 7,626 514,921 SH   SOLE   0 0 0
HIGHLAND GLOBAL ALLOCATION F COM 43010T104 4,493 481,032 SH   SOLE   0 0 0
HIGHLAND INCOME FUND HIGHLAND INCOME 43010E404 4,632 372,621 SH   SOLE   0 0 0
HUNT COS FIN TR INC COM 44558T100 1,056 327,031 SH   SOLE   0 0 0
INVESCO SR INCOME TR COM 46131H107 1,006 234,414 SH   SOLE   0 0 0
MEXICO EQUITY & INCOME FD COM 592834105 637 54,950 SH   SOLE   0 0 0
MFS GOVT MKTS INCOME TR SH BEN INT 552939100 48 10,410 SH   SOLE   0 0 0
MGIC INVT CORP WIS COM 552848103 2,182 154,009 SH   SOLE   0 0 0
MORGAN STANLEY INDIA INVS FD COM 61745C105 702 35,270 SH   SOLE   0 0 0
MVC CAPITAL INC COM 553829102 5,804 644,938 SH   SOLE   0 0 0
NEXPOINT STRATEGIC OPORTUNT COM NEW 65340G205 282 15,900 SH   SOLE   0 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 929 121,060 SH   SOLE   0 0 0
OAKTREE SPECIALTY LENDING CO COM 67401P108 2,761 505,719 SH   SOLE   0 0 0
PIMCO ENRGY TACTICAL CR OPP COM SHS BEN INT 69346N107 2,422 146,763 SH   SOLE   0 0 0
PIONEER FLOATING RATE TR COM 72369J102 802 73,121 SH   SOLE   0 0 0
PORTMAN RIDGE FIN CORP COM 73688F102 124 58,361 SH   SOLE   0 0 0
RESOURCE CAP CORP NOTE 4.500% 8/1 76120WAC8 2,091 2,000,000 SH   SOLE   0 0 0
SAFEGUARD SCIENTIFICS INC COM NEW 786449207 7,140 650,243 SH   SOLE   0 0 0
SALIENT MIDSTREAM & MLP FD SH BEN INT 79471V105 776 99,660 SH   SOLE   0 0 0
TEMPLETON DRAGON FD INC COM 88018T101 212 10,925 SH   SOLE   0 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 798 130,172 SH   SOLE   0 0 0
THIRD PT REINS LTD COM G8827U100 954 90,684 SH   SOLE   0 0 0
TORTOISE ENERGY INDEPENDENC COM 89148K101 210 48,381 SH   SOLE   0 0 0
VERTICAL CAP INCOME FUND SHS BEN INT 92535C104 6,258 601,121 SH   SOLE   0 0 0
VOYA INFRASTRUCTURE INDLS & COM 92912X101 283 24,580 SH   SOLE   0 0 0
VOYA NAT RES EQUITY INCOME F COM 92913C106 515 125,069 SH   SOLE   0 0 0
VOYA PRIME RATE TR SH BEN INT 92913A100 73 14,592 SH   SOLE   0 0 0
WESTERN ASSET CORPORATE LN F COM 95790J102 179 18,086 SH   SOLE   0 0 0
WESTERN ASSET HIGH INCM OPP COM 95766K109 690 136,148 SH   SOLE   0 0 0
WESTERN ASSET MTG CAP CORP NOTE 6.750%10/0 95790DAA3 508 500,000 SH   SOLE   0 0 0
WHITEHORSE FIN INC COM 96524V106 249 18,165 SH   SOLE   0 0 0