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
Expires: July 31, 2015
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
ABRDN AUSTRALIA EQUITY FD IN COM 003011103 9,313,312 2,083,515 SH SOLE 2,083,515 0 0
ABRDN EMERGING MARKETS EX CH COM 00301W105 10,410,990 1,752,692 SH SOLE 1,752,692 0 0
ABRDN INCOME CREDIT STRATEGI COM 003057106 2,290,091 388,151 SH SOLE 388,151 0 0
ABRDN JAPAN EQUITY FUND INC COM 00306J109 19,349,344 2,566,226 SH SOLE 2,566,226 0 0
ABRDN LIFE SCIENCES INVESTOR SH BEN INT 87911K100 2,074,849 161,971 SH SOLE 161,971 0 0
ABRDN TOTAL DYNAMIC DIVIDEND COM SH BEN INT 00326L100 437,392 49,367 SH SOLE 49,367 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 14,603,709 672,672 SH SOLE 672,672 0 0
ALLIANCEBERNSTEIN NATL MUN I COM 01864U106 626,353 60,752 SH SOLE 60,752 0 0
ALLSPRING GLOBAL DIVIDEND OP COM 94987C103 2,597,274 481,869 SH SOLE 481,869 0 0
ALLSPRING MULTI SECTOR INCOM COM 94987D101 7,405,341 783,634 SH SOLE 783,634 0 0
ALLSPRING UTILITIES AND HIGH WF UTILITIES INC 94987E109 4,249,106 367,888 SH SOLE 367,888 0 0
BLACKROCK ENHANCED GLOBAL DI COM 092501105 10,953,919 965,103 SH SOLE 965,103 0 0
BLACKROCK ENHANCED INTL DIV COM BENE INTER 092524107 7,154,049 1,235,587 SH SOLE 1,235,587 0 0
BLACKROCK ENHANCED LARGE CAP COM 09256A109 1,559,810 73,059 SH SOLE 73,059 0 0
BLACKROCK HEALTH SCIENCES TR COM 09250W107 5,596,683 153,502 SH SOLE 153,502 0 0
BLACKROCK INCOME TR INC COM NEW 09247F209 2,214,757 188,490 SH SOLE 188,490 0 0
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 09257P105 7,168,515 327,479 SH SOLE 327,479 0 0
BLACKROCK MUNI INCOME TR II COM 09249N101 2,445,172 243,543 SH SOLE 243,543 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 3,135,113 476,461 SH SOLE 476,461 0 0
BLACKROCK SCIENCE & TECHNOLO SHS BEN INT 09260K101 2,325,141 112,055 SH SOLE 112,055 0 0
BLACKROCK SCIENCE & TECHNOLO SHS 09258G104 10,876,541 284,950 SH SOLE 284,950 0 0
BLACKROCK TAX MUNICPAL BD TR SHS 09248X100 3,898,620 242,000 SH SOLE 242,000 0 0
BLACKROCK TECH AND PRIVATE E SHS BEN INT 09260Q108 1,824,284 248,540 SH SOLE 248,540 0 0
BNY MELLON HIGH YIELD STRATE SH BEN INT 09660L105 2,286,996 879,614 SH SOLE 879,614 0 0
BNY MELLON MUN BD INFRASTRUC COM SHS 09662W109 778,529 76,177 SH SOLE 76,177 0 0
BNY MELLON STRATEGIC MUN BD COM 09662E109 1,032,646 184,401 SH SOLE 184,401 0 0
BNY MELLON STRATEGIC MUNS IN COM 05588W108 1,220,378 206,145 SH SOLE 206,145 0 0
BROOKFIELD REAL ASSETS INCOM SHS BEN INT 112830104 6,545,551 489,570 SH SOLE 489,570 0 0
CALAMOS GBL DYN INCOME FUND COM 12811L107 1,186,083 166,351 SH SOLE 166,351 0 0
CENTRAL SECS CORP COM 155123102 9,280,915 193,918 SH SOLE 193,918 0 0
CHINA FD INC COM 169373107 2,393,031 160,714 SH SOLE 160,714 0 0
CLOUGH GLOBAL EQUITY FD COM 18914C100 2,461,349 345,501 SH SOLE 345,501 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 156,666 28,852 SH SOLE 28,852 0 0
DTF TAX-FREE INCOME 2028 TER COM 23334J107 1,383,409 123,629 SH SOLE 123,629 0 0
DWS MUN INCOME TR NEW COM 233368109 12,589,539 1,424,156 SH SOLE 1,424,156 0 0
EATON VANCE CALIF MUN BD FD COM 27828A100 634,685 71,153 SH SOLE 71,153 0 0
EATON VANCE NATL MUN OPPORT COM SHS 27829L105 9,513,083 585,781 SH SOLE 585,781 0 0
EATON VANCE TAX ADVT DIV INC COM 27828G107 18,083,242 750,342 SH SOLE 750,342 0 0
EATON VANCE TAX MNGED BUY WR COM 27828X100 4,352,043 301,388 SH SOLE 301,388 0 0
EATON VANCE TAX-ADVANTAGED G COM 27828U106 6,927,060 254,765 SH SOLE 254,765 0 0
EATON VANCE TAX-MANAGED GLOB COM 27829C105 4,004,379 462,934 SH SOLE 462,934 0 0
EATON VANCE TAX-MANAGED GLOB COM 27829F108 12,233,349 1,398,097 SH SOLE 1,398,097 0 0
EATON VANCE TX ADV GLBL DIV COM 27828S101 869,136 41,506 SH SOLE 41,506 0 0
EUROPEAN EQUITY FD INC COM 298768102 17,751,116 1,735,202 SH SOLE 1,735,202 0 0
FEDERATED HERMES PREM MUNI I COM 31423P108 809,278 76,060 SH SOLE 76,060 0 0
FIRST TR HIGH YIELD OPPRT 20 COM 33741Q107 2,267,328 152,682 SH SOLE 152,682 0 0
FIRST TR MTG INCOME FD COM SHS 33734E103 1,130,171 92,637 SH SOLE 92,637 0 0
FIRST TR SR FLTG RATE INCOME COM 33733U108 1,604,884 157,961 SH SOLE 157,961 0 0
FLAHERTY & CRUMRINE PFD SECS COM 338478100 6,114,451 375,350 SH SOLE 375,350 0 0
GABELLI DIVID & INCOME TR COM 36242H104 3,051,675 117,327 SH SOLE 117,327 0 0
GAMCO NAT RES GOLD & INCOME SH BEN INT 36465E101 462,598 73,545 SH SOLE 73,545 0 0
GENERAL AMERN INVS CO INC COM 368802104 17,104,977 305,228 SH SOLE 305,228 0 0
HANCOCK JOHN INCOME SECS TR COM 410123103 14,274,265 1,265,449 SH SOLE 1,265,449 0 0
HANCOCK JOHN INVT TR II COM 410142103 8,359,542 603,795 SH SOLE 603,795 0 0
HANCOCK JOHN TAX-ADVANTAGED COM 41013V100 571,441 24,431 SH SOLE 24,431 0 0
INVESCO BD FD COM 46132L107 783,580 50,750 SH SOLE 50,750 0 0
INVESCO EXCH TRADED FD TR II SR LN ETF 46138G508 88,464,404 4,228,700 SH SOLE 4,228,700 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 46,875,892 625,262 SH SOLE 625,262 0 0
ISHARES INC MSCI EURZONE ETF 464286608 45,811,040 770,581 SH SOLE 770,581 0 0
ISHARES INC MSCI SWITZERLAND 464286749 37,867,626 690,889 SH SOLE 690,889 0 0
ISHARES TR 7-10 YR TRSY BD 464287440 31,715,289 331,161 SH SOLE 331,161 0 0
ISHARES TR BROAD USD HIGH 46435U853 75,815,212 2,021,200 SH SOLE 2,021,200 0 0
ISHARES TR CORE US AGGBD ET 464287226 45,428,144 457,945 SH SOLE 457,945 0 0
ISHARES TR IBOXX INV CP ETF 464287242 14,524,421 132,510 SH SOLE 132,510 0 0
ISHARES TR MSCI EURO FL ETF 464289180 15,368,511 485,884 SH SOLE 485,884 0 0
ISHARES TR US TREAS BD ETF 46429B267 70,196,707 3,054,687 SH SOLE 3,054,687 0 0
J P MORGAN EXCHANGE TRADED F BETABULDRS JAPAN 46641Q217 41,285,721 668,270 SH SOLE 668,270 0 0
JAPAN SMALLER CAPITALIZATION COM 47109U104 40,958,336 4,248,790 SH SOLE 4,248,790 0 0
JOHN HANCOCK DIVERSIFIED INC COM 47804L102 1,432,267 135,375 SH SOLE 135,375 0 0
KKR INCOME OPPORTUNITIES FD COM 48249T106 7,230,189 575,652 SH SOLE 575,652 0 0
KOREA FD INC COM NEW 500634209 6,330,570 235,075 SH SOLE 235,075 0 0
LIBERTY ALL-STAR GROWTH FD I COM 529900102 4,660,932 852,090 SH SOLE 852,090 0 0
MEXICO FD INC COM 592835102 2,841,174 161,706 SH SOLE 161,706 0 0
MFS GOVT MKTS INCOME TR SH BEN INT 552939100 7,031,797 2,253,781 SH SOLE 2,253,781 0 0
MFS INTER INCOME TR SH BEN INT 55273C107 20,734,709 7,651,184 SH SOLE 7,651,184 0 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 4,044,529 860,538 SH SOLE 860,538 0 0
MORGAN STANLEY CHINA A SH FD COM 617468103 9,808,788 712,020 SH SOLE 712,020 0 0
MORGAN STANLEY INDIA INVT FD COM 61745C105 400,471 14,186 SH SOLE 14,186 0 0
NEUBERGER BERMAN MUN FD INC COM 64124P101 11,144,762 1,133,750 SH SOLE 1,133,750 0 0
NEW GERMANY FD INC COM 644465106 17,108,957 1,432,911 SH SOLE 1,432,911 0 0
NUVEEN AMT-FREE MUN VALUE FD COM 670695105 17,483,861 1,278,060 SH SOLE 1,278,060 0 0
NUVEEN CALIFORNIA MUNI VLU F COM STK 67062C107 2,913,425 335,648 SH SOLE 335,648 0 0
NUVEEN DOW 30 DYNMC OVERWRT SHS 67075F105 2,288,822 159,611 SH SOLE 159,611 0 0
NUVEEN MULTI-MKT INCOME FD COM 67075J107 2,820,788 449,170 SH SOLE 449,170 0 0
NUVEEN MUN VALUE FD INC COM 670928100 22,174,742 2,551,754 SH SOLE 2,551,754 0 0
NUVEEN N Y MUN VALUE FD COM 67062M105 5,814,416 716,944 SH SOLE 716,944 0 0
NUVEEN N Y SELECT TAX FREE I SH BEN INT 67063V104 2,819,961 242,473 SH SOLE 242,473 0 0
NUVEEN NASDAQ 100 DYNAMIC OV COM SHS 670699107 13,825,890 522,323 SH SOLE 522,323 0 0
NUVEEN S&P 500 DYNAMIC OVERW COM 6706EW100 612,562 34,530 SH SOLE 34,530 0 0
NUVEEN SELECT MAT MUN FD SH BEN INT 67061T101 9,101,042 1,004,530 SH SOLE 1,004,530 0 0
PGIM SHORT DUR HIG YLD OPP F COM 69355J104 33,980,139 2,017,823 SH SOLE 2,017,823 0 0
PIMCO DYNAMIC INCOME STRATEG COM SHS BEN INT 69346N107 530,271 21,512 SH SOLE 21,512 0 0
PUTNAM MASTER INTER INCOME T SH BEN INT 746909100 3,425,264 1,022,467 SH SOLE 1,022,467 0 0
PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 3,732,595 377,411 SH SOLE 377,411 0 0
PUTNAM PREMIER INCOME TR SH BEN INT 746853100 7,893,058 2,150,697 SH SOLE 2,150,697 0 0
RIVERNORTH DOUBLELINE STRATE COM 76882G107 2,317,768 271,084 SH SOLE 271,084 0 0
ROYCE MICRO-CAP TR INC COM 780915104 485,875 52,527 SH SOLE 52,527 0 0
SELECT SECTOR SPDR TR INDL 81369Y704 2,107,323 14,285 SH SOLE 14,285 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 4,752,129 58,690 SH SOLE 58,690 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 4,343,745 72,723 SH SOLE 72,723 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,174,832 3,520 SH SOLE 3,520 0 0
SPROTT FOCUS TR INC COM 85208J109 1,101,565 147,268 SH SOLE 147,268 0 0
SRH TOTAL RETURN FUND INC COM 101507101 13,676,806 773,575 SH SOLE 773,575 0 0
SSGA ACTIVE ETF TR BLACKSTONE SENR 78467V608 5,446,543 130,958 SH SOLE 130,958 0 0
TAIWAN FD INC COM 874036106 6,475,269 144,505 SH SOLE 144,505 0 0
TCW STRATEGIC INCOME FD INC COM 872340104 12,616,430 2,585,334 SH SOLE 2,585,334 0 0
TEMPLETON DRAGON FD INC COM 88018T101 512,337 51,285 SH SOLE 51,285 0 0
TEMPLETON EMERGING MKTS FD COM 880191101 11,162,255 765,062 SH SOLE 765,062 0 0
VANGUARD SCOTTSDALE FDS MTG-BKD SECS ETF 92206C771 22,736,953 490,655 SH SOLE 490,655 0 0
VIRTUS DIVIDEND INTEREST & P COM 92840R101 274,610 22,146 SH SOLE 22,146 0 0
VIRTUS GLOBAL MULTI-SECTOR I COM 92829B101 3,515,809 448,445 SH SOLE 448,445 0 0
VOYA EMERGING MKTS HIGH DIVI COM 92912P108 2,396,131 403,389 SH SOLE 403,389 0 0
WESTERN ASSET HIGH YIELD DEF COM 95768B107 848,519 70,828 SH SOLE 70,828 0 0
WESTERN ASSET INTER MUNI FD COM 958435109 4,469,144 594,301 SH SOLE 594,301 0 0
WESTERN ASSET INVESTMENT GRA COM 95766T100 8,805,048 678,355 SH SOLE 678,355 0 0
WESTERN ASSET INVT GRADE OPP COM 95790A101 3,350,818 202,100 SH SOLE 202,100 0 0
WESTERN ASSET MANAGED MUNS F COM 95766M105 16,954,799 1,712,606 SH SOLE 1,712,606 0 0
WESTERN ASSET PREMIER BD FD SHS BEN INT 957664105 3,624,757 334,079 SH SOLE 334,079 0 0
WESTERN AST INFL LKD OPP & I COM 95766R104 17,151,116 1,957,890 SH SOLE 1,957,890 0 0
WSTRN AST GLBL CORP OPP FD I COM 95790C107 1,174,690 99,550 SH SOLE 99,550 0 0