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 INCOME COM 003009107 7,803 2,048,056 SH   SOLE   2,048,056 0 0
ABERDEEN AUSTRALIA EQUITY FD COM 003011103 8,293 1,855,233 SH   SOLE   1,855,233 0 0
ABERDEEN EMRG MRKTS EQT INM COM 00301W105 23,137 3,824,273 SH   SOLE   3,824,273 0 0
ABERDEEN GLOBAL DYNAMIC DIVI COM 00302M106 1,342 150,250 SH   SOLE   150,250 0 0
ABERDEEN GLOBAL PREMIER PPTY COM SH BEN INT 00302L108 6,766 1,451,965 SH   SOLE   1,451,965 0 0
ABERDEEN JAPAN EQUITY FD INC COM 00306J109 27,641 3,566,557 SH   SOLE   3,566,557 0 0
ABERDEEN TOTAL DYNAMIC DIVD COM SH BEN INT 00326L100 65,124 8,457,661 SH   SOLE   8,457,661 0 0
ADAM NAT RES FD INC COM 00548F105 2,316 210,049 SH   SOLE   210,049 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 31,877 2,137,962 SH   SOLE   2,137,962 0 0
ALLIANCEBERNSTEIN NATL MUNI COM 01864U106 16,731 1,253,245 SH   SOLE   1,253,245 0 0
ALLIANZGI DIVIDEND INT & PRM COM 01883A107 12,812 1,145,985 SH   SOLE   1,145,985 0 0
BLACKROCK CALIF MUN INCOME T SH BEN INT 09248E102 6,080 461,641 SH   SOLE   461,641 0 0
BLACKROCK ENH CAP & INC FD I COM 09256A109 9,573 661,583 SH   SOLE   661,583 0 0
BLACKROCK ENHANCED EQUITY DI COM 09251A104 8,114 1,105,481 SH   SOLE   1,105,481 0 0
BLACKROCK ENHANCED GLOBAL DI COM 092501105 38,505 4,087,537 SH   SOLE   4,087,537 0 0
BLACKROCK ENHANCED GOVT FD I COM 09255K108 11,208 860,196 SH   SOLE   860,196 0 0
BLACKROCK ENHANCED INTL DIV COM BENE INTER 092524107 39,496 7,683,978 SH   SOLE   7,683,978 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 8,822 803,500 SH   SOLE   803,500 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 9,884 716,241 SH   SOLE   716,241 0 0
BLACKROCK MUNIHLDS INVSTM QL COM 09254P108 3,400 262,984 SH   SOLE   262,984 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254C107 4,290 346,273 SH   SOLE   346,273 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254A101 2,515 207,183 SH   SOLE   207,183 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 856 101,880 SH   SOLE   101,880 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254E103 18,863 1,448,768 SH   SOLE   1,448,768 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254G108 1,437 112,500 SH   SOLE   112,500 0 0
BLACKROCK N Y MUN INCOME TR SH BEN INT 09248L106 3,103 229,701 SH   SOLE   229,701 0 0
BLACKROCK RES & COMMODITIES SHS 09257A108 33,843 5,520,850 SH   SOLE   5,520,850 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 8,692 1,455,973 SH   SOLE   1,455,973 0 0
CENTRAL SECS CORP COM 155123102 11,569 401,007 SH   SOLE   401,007 0 0
CHINA FD INC COM 169373107 7,425 332,503 SH   SOLE   332,503 0 0
DTF TAX-FREE INCOME INC COM 23334J107 3,624 254,857 SH   SOLE   254,857 0 0
DUFF & PHELPS UTIL CORP BD T COM 26432K108 16,954 1,813,313 SH   SOLE   1,813,313 0 0
DWS MUN INCOME TR COM 233368109 23,991 2,221,348 SH   SOLE   2,221,348 0 0
DWS STRATEGIC MUN INCOME TR COM 23342Q101 1,593 151,670 SH   SOLE   151,670 0 0
EATON VANCE CALIF MUN BD FD COM 27828A100 2,141 192,347 SH   SOLE   192,347 0 0
EATON VANCE LTD DURATION INC COM 27828H105 25,821 2,291,088 SH   SOLE   2,291,088 0 0
EATON VANCE MUN BD FD COM 27827X101 12,716 999,658 SH   SOLE   999,658 0 0
EATON VANCE MUNI INCOME TRUS SH BEN INT 27826U108 13,724 1,098,839 SH   SOLE   1,098,839 0 0
EATON VANCE NATL MUN OPPORTU COM SHS 27829L105 1,561 79,457 SH   SOLE   79,457 0 0
EATON VANCE NEW YORK MUN BD COM 27827Y109 1,709 146,108 SH   SOLE   146,108 0 0
EATON VANCE TAX-MANAGED GLOB COM 27829F108 6,344 859,642 SH   SOLE   859,642 0 0
EATON VANCE TXMGD GL BUYWR O COM 27829C105 536 61,981 SH   SOLE   61,981 0 0
EUROPEAN EQUITY FD INC COM 298768102 16,106 1,935,779 SH   SOLE   1,935,779 0 0
FEDERATED HERMES PREM MUNI I COM 31423P108 3,454 261,701 SH   SOLE   261,701 0 0
FIRST TR DYNAMIC EUROPE EQUI COM SHS 33740D107 6,050 585,106 SH   SOLE   585,106 0 0
FIRST TR/ABERDEEN EMERG OPT COM 33731K102 1,552 131,395 SH   SOLE   131,395 0 0
FIRST TRUST MORTGAGE INCM FD COM SHS 33734E103 6,267 454,488 SH   SOLE   454,488 0 0
GDL FUND COM SH BEN IT 361570104 1,097 133,336 SH   SOLE   133,336 0 0
GENERAL AMERN INVS INC COM 368802104 25,481 800,882 SH   SOLE   800,882 0 0
HANCOCK JOHN INCOME SECS TR COM 410123103 13,870 960,560 SH   SOLE   960,560 0 0
HANCOCK JOHN INVS TR COM 410142103 13,049 841,308 SH   SOLE   841,308 0 0
HANCOCK JOHN INVT TR TAX ADV GLB SH 41013P749 696 132,810 SH   SOLE   132,810 0 0
INDIA FD INC COM 454089103 2,256 145,756 SH   SOLE   145,756 0 0
ISHARES INC MSCI AUST ETF 464286103 19,648 1,019,611 SH   SOLE   1,019,611 0 0
ISHARES INC MSCI EURZONE ETF 464286608 99,098 2,716,491 SH   SOLE   2,716,491 0 0
ISHARES INC MSCI FRANCE ETF 464286707 37,288 1,359,874 SH   SOLE   1,359,874 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 247,482 4,506,228 SH   SOLE   4,506,228 0 0
ISHARES INC MSCI SWITZERLAND 464286749 31,872 818,080 SH   SOLE   818,080 0 0
ISHARES TR MBS ETF 464288588 45,210 408,400 SH   SOLE   408,400 0 0
ISHARES TR SHRT NAT MUN ETF 464288158 9,512 88,186 SH   SOLE   88,186 0 0
ISHARES TR US TREAS BD ETF 46429B267 43,305 1,547,150 SH   SOLE   1,547,150 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 154,184 1,265,150 SH   SOLE   1,265,150 0 0
JAPAN SMALLER CAPITALIZATION COM 47109U104 44,813 5,730,612 SH   SOLE   5,730,612 0 0
KOREA FD COM NEW 500634209 13,809 534,120 SH   SOLE   534,120 0 0
LAZARD GLOBAL TOTAL RETURN & COM 52106W103 4,841 343,549 SH   SOLE   343,549 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 286 50,000 SH   SOLE   50,000 0 0
MACQUARIE GLOBAL INFRASTRUCT COM 55608D101 3,723 211,391 SH   SOLE   211,391 0 0
MADISON COVERED CALL & EQUIT COM 557437100 1,648 292,276 SH   SOLE   292,276 0 0
MEXICO FD INC COM 592835102 2,405 245,278 SH   SOLE   245,278 0 0
MFS GOVT MKTS INCOME TR SH BEN INT 552939100 13,596 2,955,700 SH   SOLE   2,955,700 0 0
MFS INTER INCOME TR SH BEN INT 55273C107 42,780 11,562,255 SH   SOLE   11,562,255 0 0
MFS INVT GRADE MUN TR SH BEN INT 59318B108 1,190 126,097 SH   SOLE   126,097 0 0
MFS MUN INCOME TR SH BEN INT 552738106 1,784 285,889 SH   SOLE   285,889 0 0
MILLER HOWARD HIGH INC EQTY COM SHS BEN IN 600379101 1,226 200,943 SH   SOLE   200,943 0 0
MORGAN STANLEY CHINA A SH FD COM 617468103 30,084 1,541,984 SH   SOLE   1,541,984 0 0
MORGAN STANLEY INDIA INVT FD COM 61745C105 2,803 172,596 SH   SOLE   172,596 0 0
NEW GERMANY FD INC COM 644465106 22,174 1,460,711 SH   SOLE   1,460,711 0 0
NEW IRELAND FD INC COM 645673104 6,061 782,097 SH   SOLE   782,097 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 6,398 460,296 SH   SOLE   460,296 0 0
NUVEEN AMT-FREE MUN VALUE FD COM 670695105 11,745 750,483 SH   SOLE   750,483 0 0
NUVEEN CALIF MUN VALUE FD IN COM 67062C107 491 48,003 SH   SOLE   48,003 0 0
NUVEEN CALIF MUNICPAL VALUE COM 6706EB106 826 57,267 SH   SOLE   57,267 0 0
NUVEEN CORE EQUITY ALPHA FD COM 67090X107 155 12,666 SH   SOLE   12,666 0 0
NUVEEN DOW 30 DYNAMIC OVERWR SHS 67075F105 4,145 304,552 SH   SOLE   304,552 0 0
NUVEEN GEORGIA QLTY MUN INC COM 67072B107 3,170 259,834 SH   SOLE   259,834 0 0
NUVEEN INT DUR QUAL MUN TRM COM 670677103 2,708 190,542 SH   SOLE   190,542 0 0
NUVEEN MULTI MKT INCOME FD COM 67075J107 7,856 1,138,489 SH   SOLE   1,138,489 0 0
NUVEEN MUN VALUE FD INC COM 670928100 5,643 553,211 SH   SOLE   553,211 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 4,125 294,235 SH   SOLE   294,235 0 0
NUVEEN REAL ESTATE INCOME FD COM 67071B108 3,126 418,530 SH   SOLE   418,530 0 0
NUVEEN S&P 500 BUY-WRITE INC COM 6706ER101 3,370 306,340 SH   SOLE   306,340 0 0
NUVEEN SELECT MAT MUN FD SH BEN INT 67061T101 6,821 666,590 SH   SOLE   666,590 0 0
NUVEEN SELECT TAX FREE INCOM SH BEN INT 67063C106 12,208 814,924 SH   SOLE   814,924 0 0
NUVEEN SELECT TAX FREE INCOM SH BEN INT 67063X100 6,782 418,622 SH   SOLE   418,622 0 0
NUVEEN SELECT TAX-FREE INCOM SH BEN INT 67062F100 136 8,648 SH   SOLE   8,648 0 0
PIONEER MUN HIGH INCOME ADVA COM 723762100 7,212 686,214 SH   SOLE   686,214 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 180 15,525 SH   SOLE   15,525 0 0
ROYCE MICRO-CAP TR INC COM 780915104 3,373 468,489 SH   SOLE   468,489 0 0
ROYCE VALUE TR INC COM 780910105 3,623 288,894 SH   SOLE   288,894 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 11,243 107,600 SH   SOLE   107,600 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 38,801 125,830 SH   SOLE   125,830 0 0
SPROTT FOCUS TR INC COM 85208J109 8,973 1,520,794 SH   SOLE   1,520,794 0 0
SWISS HELVETIA FD INC COM 870875101 3,082 393,089 SH   SOLE   393,089 0 0
TAIWAN FD INC COM 874036106 13,126 618,836 SH   SOLE   618,836 0 0
TEKLA HEALTHCARE INVS SH BEN INT 87911J103 1,168 54,762 SH   SOLE   54,762 0 0
TEKLA HEALTHCARE OPPORTUNITI SHS 879105104 2,335 131,167 SH   SOLE   131,167 0 0
TEKLA LIFE SCIENCES INVS SH BEN INT 87911K100 3,143 175,024 SH   SOLE   175,024 0 0
TEMPLETON DRAGON FD INC COM 88018T101 16,405 812,944 SH   SOLE   812,944 0 0
TEMPLETON EMERGING MKTS FD COM 880191101 19,738 1,442,831 SH   SOLE   1,442,831 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 12,039 2,241,965 SH   SOLE   2,241,965 0 0
THE CENTRAL AND EASTERN EU I COM 153436100 6,916 331,211 SH   SOLE   331,211 0 0
TRI CONTL CORP COM 895436103 194 7,850 SH   SOLE   7,850 0 0
VOYA ASIA PAC DIVID EQUITY I COM 92912J102 3,985 519,858 SH   SOLE   519,858 0 0
VOYA EMERGING MKTS HIGH DIVI COM 92912P108 9,358 1,506,907 SH   SOLE   1,506,907 0 0
VOYA GLBL ADV & PREM OPP FD COM 92912R104 1,153 140,810 SH   SOLE   140,810 0 0
VOYA GLBL EQTY DIV & PREM OP COM 92912T100 2,420 500,952 SH   SOLE   500,952 0 0
VOYA INTL HIGH DIVID EQTY IN COM 92912Y109 302 73,035 SH   SOLE   73,035 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 398 24,296 SH   SOLE   24,296 0 0
WESTERN ASSET INTER MUNI FD COM 958435109 8,828 1,031,268 SH   SOLE   1,031,268 0 0
WESTERN ASSET MUN DEF OPP TR COM 95768A109 1,534 77,693 SH   SOLE   77,693 0 0
WESTERN ASSET MUN HIGH INCOM COM 95766N103 1,379 193,741 SH   SOLE   193,741 0 0
WESTERN ASSET PREMIER BD FD SHS BEN INT 957664105 15,658 1,192,512 SH   SOLE   1,192,512 0 0
WESTERN ASST INFLTN LKD INM COM SH BEN INT 95766Q106 2,380 202,058 SH   SOLE   202,058 0 0
WESTERN AST INFL LKD OPP & I COM 95766R104 32,187 2,936,753 SH   SOLE   2,936,753 0 0