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
APPLE, INC. Common 037833100 47,044 185,000 SH   SOLE   185,000 0 0
ABBVIE, INC. Common 00287Y109 762 10,000 SH   SOLE   10,000 0 0
ABBOTT LABORATORIES Common 002824100 12,705 161,000 SH   SOLE   161,000 0 0
ACCENTURE PLC - CLASS A Common G1151C101 8,490 52,000 SH   SOLE   52,000 0 0
ADOBE, INC. Common 00724F101 10,502 33,000 SH   SOLE   33,000 0 0
AUTOMATIC DATA PROCESSING Common 053015103 5,057 37,000 SH   SOLE   37,000 0 0
ADAMS DIVERSIFIED EQUITY Common 006212104 5,741 455,966 SH   SOLE   455,966 0 0
ABERDEEN EMERGING MARKETS Common 00301W105 538 103,945 SH   SOLE   103,945 0 0
AMERICAN ELECTRIC POWER Common 025537101 3,279 41,000 SH   SOLE   41,000 0 0
AFLAC INC Common 001055102 1,301 38,000 SH   SOLE   38,000 0 0
ALLSTATE CORPORATION Common 020002101 2,110 23,000 SH   SOLE   23,000 0 0
AMERICAN TOWER CORP Common 03027X100 6,489 29,800 SH   SOLE   29,800 0 0
AMAZON.COM INC Common 023135106 36,070 18,500 SH   SOLE   18,500 0 0
ABERDEEN TOTAL DYNAMIC Sh Ben Int 00326L100 1,503 228,417 SH   SOLE   228,417 0 0
AON PLC Common, Cl A G0408V102 3,136 19,000 SH   SOLE   19,000 0 0
AIR PRODUCTS & CHEMICALS Common 009158106 2,795 14,000 SH   SOLE   14,000 0 0
ABERDEEN GLOBAL PREM PROP Sh Ben Int 00302L108 95 22,300 SH   SOLE   22,300 0 0
AMERICAN EXPRESS COMPANY Common 025816109 4,109 48,000 SH   SOLE   48,000 0 0
AUTOZONE INC Common 053332102 1,607 1,900 SH   SOLE   1,900 0 0
BANK OF AMERICA CORP Common 060505104 8,031 378,300 SH   SOLE   378,300 0 0
BLACKROCK RESOUR & COMM Sh Ben Int 09257A108 4,280 849,278 SH   SOLE   849,278 0 0
BLACKROCK GLOBAL EN & RES Sh Ben Int 09250U101 341 54,062 SH   SOLE   54,062 0 0
BLACKROCK, INC. CLASS A Common 09247X101 4,840 11,000 SH   SOLE   11,000 0 0
BERKSHIRE HATHAWAY INC-B Common, Cl B 084670702 17,735 97,000 SH   SOLE   97,000 0 0
BOSTON SCIENTIFIC CORP Common 101137107 1,403 43,000 SH   SOLE   43,000 0 0
CITIGROUP, INC. Common 172967424 7,822 185,700 SH   SOLE   185,700 0 0
MORGAN STANLEY CHINA Common 617468103 1,260 69,528 SH   SOLE   69,528 0 0
CHUBB LTD Common H1467J104 1,117 10,000 SH   SOLE   10,000 0 0
CROWN CASTLE INTL CORP Common 22822V101 5,054 35,000 SH   SOLE   35,000 0 0
CENTRAL EUROPE RUSSIA & T Common 153436100 1,532 87,340 SH   SOLE   87,340 0 0
CLEARBRIDGE ENERGY MLP Common 184692101 354 193,420 SH   SOLE   193,420 0 0
CHARTER COMMUNICATIONS -A Common 16119P108 7,548 17,300 SH   SOLE   17,300 0 0
CALAMOS GLOBAL DYNAMIC IN Sh Ben Int 12811L107 115 20,115 SH   SOLE   20,115 0 0
CIGNA CORP Common 125523100 1,657 9,354 SH   SOLE   9,354 0 0
COMCAST CORP - CLASS A Common, Cl A 20030N101 15,058 438,000 SH   SOLE   438,000 0 0
CUMMINS INC. Common 231021106 1,218 9,000 SH   SOLE   9,000 0 0
COSTCO WHOLESALE CORP Common 22160K105 11,263 39,500 SH   SOLE   39,500 0 0
CSX CORPORATION Common 126408103 4,636 80,900 SH   SOLE   80,900 0 0
CINTAS CORP Common 172908105 1,905 11,000 SH   SOLE   11,000 0 0
CLEARBRIDGE ENERGY MLP Common 18469Q108 27 19,616 SH   SOLE   19,616 0 0
CORTEVA, INC. Common 22052L104 480 20,431 SH   SOLE   20,431 0 0
CHEVRON CORP. Common 166764100 3,623 50,000 SH   SOLE   50,000 0 0
DOMINION ENERGY, INC. Common 25746U109 3,826 53,000 SH   SOLE   53,000 0 0
DELTA AIR LINES, INC. Common 247361702 1,598 56,000 SH   SOLE   56,000 0 0
DUPONT DE NEMOURS INC Common 26614N102 697 20,431 SH   SOLE   20,431 0 0
DEERE & COMPANY Common 244199105 4,421 32,000 SH   SOLE   32,000 0 0
DELAWARE ENHANCED GBL DIV Sh Ben Int 246060107 152 20,400 SH   SOLE   20,400 0 0
Dollar General Corp Common 256677105 3,171 21,000 SH   SOLE   21,000 0 0
THE WALT DISNEY CO Common 254687106 9,563 99,000 SH   SOLE   99,000 0 0
DOW, INC. Common 260557103 1,015 34,704 SH   SOLE   34,704 0 0
DUKE ENERGY CORP Common 26441C204 4,125 51,000 SH   SOLE   51,000 0 0
ECOLAB INC Common 278865100 3,896 25,000 SH   SOLE   25,000 0 0
THE EUROPEAN EQUITY FUND Common 298768102 205 29,053 SH   SOLE   29,053 0 0
ESTEE LAUDER CO. - CL A Common 518439104 4,462 28,000 SH   SOLE   28,000 0 0
TEMPLETON EMERGING MRKT Common 880191101 1,358 121,799 SH   SOLE   121,799 0 0
EMERSON ELECTRIC COMPANY Common 291011104 2,001 42,000 SH   SOLE   42,000 0 0
EQUINIX, INC. Common 29444U700 2,498 4,000 SH   SOLE   4,000 0 0
EQUITY RESIDENTIAL Common 29476L107 741 12,000 SH   SOLE   12,000 0 0
EVERSOURCE ENERGY Common 30040W108 1,095 14,000 SH   SOLE   14,000 0 0
EATON VANCE TAX-MAN GL Sh Ben Int 27829C105 1,549 207,600 SH   SOLE   207,600 0 0
EDWARDS LIFESCIENCES Common 28176E108 3,018 16,000 SH   SOLE   16,000 0 0
EXELON CORPORATION Common 30161N101 2,209 60,000 SH   SOLE   60,000 0 0
FISERV Common 337738108 4,560 48,000 SH   SOLE   48,000 0 0
FLEETCOR TECHNOLOGIES Common 339041105 373 2,000 SH   SOLE   2,000 0 0
FORTIVE CORPORATION Common 34959J108 828 15,000 SH   SOLE   15,000 0 0
GENERAL AMERICAN INVESTOR Common 368802104 11,819 430,893 SH   SOLE   430,893 0 0
GENERAL DYNAMICS CORP Common 369550108 3,043 23,000 SH   SOLE   23,000 0 0
THE GDL FUND Sh Ben Int 361570104 1,797 229,258 SH   SOLE   229,258 0 0
NEW GERMANY FUND. INC. Common 644465106 710 61,173 SH   SOLE   61,173 0 0
GAMCO GLOBAL GOLD NATURAL Sh Ben Int 36465A109 85 31,340 SH   SOLE   31,340 0 0
GABELLI GLBL SMALL & MID Sh Ben Int 36249W104 803 110,500 SH   SOLE   110,500 0 0
GILEAD SCIENCES, INC Common 375558103 3,289 44,000 SH   SOLE   44,000 0 0
CLOUGH GLOBAL OPPORTUNITY Sh Ben Int 18914E106 728 101,574 SH   SOLE   101,574 0 0
GAMCO NATURAL RESOURCES Sh Ben Int 36465E101 261 67,193 SH   SOLE   67,193 0 0
ALPHABET, INC. - CLASS C Common, Cl C 02079K107 44,660 38,407 SH   SOLE   38,407 0 0
THE GABELLI HLTHCARE WELL Sh Ben Int 36246K103 1,802 208,088 SH   SOLE   208,088 0 0
HOME DEPOT, INC. (THE) Common 437076102 14,003 75,000 SH   SOLE   75,000 0 0
HILTON WORLDWIDE HOLDINGS Common 43300A203 1,365 20,000 SH   SOLE   20,000 0 0
HONEYWELL INTERNATL INC Common 438516106 4,683 35,000 SH   SOLE   35,000 0 0
TEKLA HEALTHCARE INVESTOR Sh Ben Int 87911J103 1,823 102,349 SH   SOLE   102,349 0 0
HUMANA INC Common 444859102 2,512 8,000 SH   SOLE   8,000 0 0
INTERCONTINENTAL EXCHANGE Common 45866F104 3,472 43,000 SH   SOLE   43,000 0 0
VOYA INFASTRUCTURE INDUS Sh Ben Int 92912X101 698 85,860 SH   SOLE   85,860 0 0
CBRE CLARION GLOBAL REAL Sh Ben Int 12504G100 4,214 804,118 SH   SOLE   804,118 0 0
MORGAN STANLEY INDIA INV Common 61745C105 2,402 187,508 SH   SOLE   187,508 0 0
IHS MARKIT LTD Common G47567105 1,800 30,000 SH   SOLE   30,000 0 0
INTEL CORPORATION Common 458140100 10,608 196,000 SH   SOLE   196,000 0 0
INTUIT INC Common 461202103 4,600 20,000 SH   SOLE   20,000 0 0
IQVIA HOLDINGS INC. Common 46266C105 1,650 15,300 SH   SOLE   15,300 0 0
INGERSOLL RAND PLC Common 45687V106 460 18,530 SH   SOLE   18,530 0 0
NEW IRELAND FUND Common 645673104 523 84,790 SH   SOLE   84,790 0 0
ISHARES CORE S&P 500 ETF ETF 464287200 15,504 60,000 SH   SOLE   60,000 0 0
ABERDEEN JAPAN EQUITY FUN Common 00306J109 454 72,579 SH   SOLE   72,579 0 0
JOHNSON & JOHNSON Common 478160104 21,859 166,700 SH   SOLE   166,700 0 0
JAPAN SMALLER CAPITAL FD Common 47109U104 1,293 183,474 SH   SOLE   183,474 0 0
JPMORGAN CHASE & CO Common 46625H100 13,505 150,000 SH   SOLE   150,000 0 0
NUVEEN REAL ASSET INCOME Sh Ben Int 67074Y105 253 25,600 SH   SOLE   25,600 0 0
NUVEEN REAL ESTATE INC Sh Ben Int 67071B108 79 11,600 SH   SOLE   11,600 0 0
KOREA FUND, INC. Common 500634209 554 24,762 SH   SOLE   24,762 0 0
KIMBERLY CLARK CORP Common 494368103 2,174 17,000 SH   SOLE   17,000 0 0
KINDER MORGAN, INC. Common 49456B101 1,190 85,500 SH   SOLE   85,500 0 0
COCA-COLA CO (THE) Common 191216100 12,434 281,000 SH   SOLE   281,000 0 0
KAYNE ANDERSON MLP INVEST Common 486606106 1,985 546,700 SH   SOLE   546,700 0 0
LINDE PLC Common G5494J103 1,211 7,000 SH   SOLE   7,000 0 0
ELI LILLY & CO Common 532457108 3,468 25,000 SH   SOLE   25,000 0 0
LOCKHEED MARTIN CORP Common 539830109 9,491 28,000 SH   SOLE   28,000 0 0
LOWE'S COMPANIES INC Common 548661107 2,495 29,000 SH   SOLE   29,000 0 0
MASTERCARD INC - CLASS A Common 57636Q104 20,049 83,000 SH   SOLE   83,000 0 0
MCDONALD'S CORPORATION Common 580135101 3,638 22,000 SH   SOLE   22,000 0 0
MOODY'S CORP Common 615369105 2,961 14,000 SH   SOLE   14,000 0 0
MEDTRONIC PLC Common G5960L103 10,371 115,000 SH   SOLE   115,000 0 0
MARATHON PETROLEUM CORP. Common 56585A102 1,087 46,000 SH   SOLE   46,000 0 0
MERCK & CO., INC. Common 58933Y105 17,081 222,000 SH   SOLE   222,000 0 0
MICROSOFT CORPORATION Common 594918104 75,448 478,400 SH   SOLE   478,400 0 0
MOTOROLA SOLUTIONS, INC. Common 620076307 1,595 12,000 SH   SOLE   12,000 0 0
NEXTERA ENERGY, INC. Common 65339F101 7,459 31,000 SH   SOLE   31,000 0 0
NEWMONT GOLDCORP CORP Common 651639106 2,490 55,000 SH   SOLE   55,000 0 0
NIKE INC CL B Common, Cl B 654106103 8,605 104,000 SH   SOLE   104,000 0 0
NUBRGR BRMN MLP ENRGY INC Common 64129H104 302 159,900 SH   SOLE   159,900 0 0
NORTHROP GRUMMAN CORP Common 666807102 1,210 4,000 SH   SOLE   4,000 0 0
NORFOLK SOUTHERN CORP Common 655844108 4,234 29,000 SH   SOLE   29,000 0 0
NVIDIA CORP Common 67066G104 2,900 11,000 SH   SOLE   11,000 0 0
O'REILLY AUTOMOTIVE INC Common 67103H107 1,204 4,000 SH   SOLE   4,000 0 0
PAYCHEX INC Common 704326107 1,951 31,000 SH   SOLE   31,000 0 0
PUBLIC SERVICE ENTPRS GR Common 744573106 1,707 38,000 SH   SOLE   38,000 0 0
ADAMS NATURALS RESOURCES Common 00548F105 453 54,600 SH   SOLE   54,600 0 0
PFIZER INC Common 717081103 7,507 230,000 SH   SOLE   230,000 0 0
PROCTER AND GAMBLE CO. Common 742718109 22,110 201,000 SH   SOLE   201,000 0 0
PROGRESSIVE CORPORATION Common 743315103 1,108 15,000 SH   SOLE   15,000 0 0
PPG INDUSTRIES INC Common 693506107 920 11,000 SH   SOLE   11,000 0 0
ROYCE GLOBAL VALUE TRUST Common 78081T104 636 79,060 SH   SOLE   79,060 0 0
ROYCE MICRO-CAP TRUST INC Common 780915104 739 132,910 SH   SOLE   132,910 0 0
COHEN & STEERS PREF INC Common 19247X100 600 37,200 SH   SOLE   37,200 0 0
ROPER TECHNOLOGIES INC. Common 776696106 2,650 8,500 SH   SOLE   8,500 0 0
ROSS STORES, INC. Common 778296103 2,957 34,000 SH   SOLE   34,000 0 0
COHEN & STEER QUAL INC FD Common 19247L106 2,054 227,200 SH   SOLE   227,200 0 0
REPUBLIC SERVICES INC Common 760759100 2,177 29,000 SH   SOLE   29,000 0 0
SBA COMMUNICATIONS CORP Common 78410G104 1,350 5,000 SH   SOLE   5,000 0 0
STARBUCKS CORP Common 855244109 5,719 87,000 SH   SOLE   87,000 0 0
LMP CAPITAL & INCOME FUND Common 50208A102 122 15,100 SH   SOLE   15,100 0 0
SHERWIN-WILLIAMS CO Common 824348106 2,757 6,000 SH   SOLE   6,000 0 0
SALIENT MIDSTREAM & MLP Sh Ben Int 79471V105 496 142,617 SH   SOLE   142,617 0 0
THE SOUTHERN COMPANY Common 842587107 1,191 22,000 SH   SOLE   22,000 0 0
SOURCE CAPITAL, INC Common 836144105 2,086 67,964 SH   SOLE   67,964 0 0
S&P GLOBAL INC Common 78409V104 4,901 20,000 SH   SOLE   20,000 0 0
SPDR S&P 500 ETF TRUST ETF 78462F103 25,775 100,000 SH   SOLE   100,000 0 0
SEMPRA ENERGY Common 816851109 2,486 22,000 SH   SOLE   22,000 0 0
SWISS HELVETIA FUND Common 870875101 552 79,360 SH   SOLE   79,360 0 0
STRYKER CORPORATION Common 863667101 4,828 29,000 SH   SOLE   29,000 0 0
SYSCO CORPORATION Common 871829107 730 16,000 SH   SOLE   16,000 0 0
AT&T INC. Common 00206R102 3,961 135,900 SH   SOLE   135,900 0 0
TEMPLETON DRAGON FUND INC Common 88018T101 1,368 80,252 SH   SOLE   80,252 0 0
TRANSDIGM GROUP Common 893641100 1,185 3,700 SH   SOLE   3,700 0 0
TRUIST FINANCIAL CORP Common 89832Q109 3,052 98,965 SH   SOLE   98,965 0 0
TARGET CORPORATION Common 87612E106 3,440 37,000 SH   SOLE   37,000 0 0
THE TJX COMPANIES INC Common 872540109 4,351 91,000 SH   SOLE   91,000 0 0
THERMO FISHER SCIENTIFIC Common 883556102 6,239 22,000 SH   SOLE   22,000 0 0
T ROWE PRICE GROUP INC Common 74144T108 1,660 17,000 SH   SOLE   17,000 0 0
TRANE TECHNOLOGIES Common G8994E103 1,734 21,000 SH   SOLE   21,000 0 0
TEXAS INSTRUMENTS INC Common 882508104 2,398 24,000 SH   SOLE   24,000 0 0
UNITEDHEALTH GROUP, INC. Common 91324P102 15,212 61,000 SH   SOLE   61,000 0 0
UNION PACIFIC CORP Common 907818108 6,629 47,000 SH   SOLE   47,000 0 0
UNITED PARCEL SERVICE B Common 911312106 7,249 77,600 SH   SOLE   77,600 0 0
US BANCORP Common 902973304 1,344 39,000 SH   SOLE   39,000 0 0
VISA, INC. - CLASS A Common 92826C839 12,084 75,000 SH   SOLE   75,000 0 0
VERISIGN INC Common 92343E102 1,261 7,000 SH   SOLE   7,000 0 0
VERTEX PHARMACEUTICALS Common 92532F100 3,093 13,000 SH   SOLE   13,000 0 0
VERIZON COMMUNICATIONS Common 92343V104 16,226 302,000 SH   SOLE   302,000 0 0
WELLS FARGO & CO Common 949746101 1,521 53,000 SH   SOLE   53,000 0 0
WILLIS TOWERS WATSON PLC Common G96629103 1,359 8,000 SH   SOLE   8,000 0 0
WASTE MANAGEMENT INC Common 94106L109 3,517 38,000 SH   SOLE   38,000 0 0
WALMART, INC. Common 931142103 14,089 124,000 SH   SOLE   124,000 0 0
XCEL ENERGY, INC. Common 98389B100 844 14,000 SH   SOLE   14,000 0 0
EXXON MOBIL CORPORATION Common 30231G102 1,595 42,000 SH   SOLE   42,000 0 0
ZIMMER BIOMET HOLDINGS Common 98956P102 910 9,000 SH   SOLE   9,000 0 0
ZOETIS, INC. Common 98978V103 4,237 36,000 SH   SOLE   36,000 0 0