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 LIFE SCIENCES INVESTOR SH BEN INT 87911K100 242,016 14,875 SH SOLE 14,875 0 0
ALLIANCEBERNSTEIN NATL MUN I COM 01864U106 2,290,675 214,282 SH SOLE 214,282 0 0
ALTO NEUROSCIENCE INC COM SHS 02157Q109 1,765,130 78,520 SH SOLE 78,520 0 0
ALX ONCOLOGY HLDGS INC COM 00166B105 6,363,537 3,173,834 SH SOLE 3,173,834 0 0
AMYLYX PHARMACEUTICALS INC COM 03237H101 29,504,098 2,122,597 SH SOLE 2,122,597 0 0
AN2 THERAPEUTICS INC COM 037326105 5,058,621 1,479,129 SH SOLE 1,479,129 0 0
ARES COML REAL ESTATE CORP COM 04013V108 244,786 50,997 SH SOLE 50,997 0 0
ARROWMARK FINANCIAL CORP COM 861780104 1,396,183 73,252 SH SOLE 73,252 0 0
ASA GOLD AND PRECIOUS MTLS L SHS G3156P103 32,607,062 525,666 SH SOLE 525,666 0 0
BAIN CAP SPECIALTY FIN INC COM STK 05684B107 186,000 15,000 SH SOLE 15,000 0 0
BIO RAD LABS INC CL A 090572207 8,433,303 30,254 SH SOLE 30,254 0 0
BLACKROCK HEALTH SCIENCES TE COM SHS 09260E105 7,271,832 506,395 SH SOLE 506,395 0 0
BLACKROCK ESG CAP ALLC TERM SHS BEN INT 09262F100 154,893 11,406 SH SOLE 11,406 0 0
BLACKROCK MULTI SECTOR INC T COM 09258A107 244,678 19,543 SH SOLE 19,543 0 0
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 09257P105 33,732,495 1,486,013 SH SOLE 1,486,013 0 0
BLACKROCK MUNIHLDNGS CALI COM 09254L107 123,760 11,900 SH SOLE 11,900 0 0
BLACKROCK TCP CAPITAL CORP COM 09259E108 306,850 85,000 SH SOLE 85,000 0 0
BLACKROCK UTILS INFRASTRUCTU RIGHT 04/02/2026 09248D112 5,121 640,153 SH SOLE 640,153 0 0
BLACKSTONE LONG SHORT CR INC COM SHS BN INT 09257D102 273,427 25,085 SH SOLE 25,085 0 0
BLACKSTONE SENI FLTN RAT 202 COM 09256U105 575,899 44,471 SH SOLE 44,471 0 0
BLACKSTONE STRATEGIC CRED 20 COM SHS BEN IN 09257R101 1,614,899 144,834 SH SOLE 144,834 0 0
BNY MELLON HIGH YIELD STRATE SH BEN INT 09660L105 193,407 79,265 SH SOLE 79,265 0 0
BNY MELLON MUN BD INFRASTRUC COM SHS 09662W109 1,928,019 182,924 SH SOLE 182,924 0 0
BNY MELLON STRATEGIC MUN BD COM 09662E109 5,567,069 926,301 SH SOLE 926,301 0 0
BNY MELLON STRATEGIC MUNS IN COM 05588W108 1,239,734 197,096 SH SOLE 197,096 0 0
BRIGHTSPIRE CAPITAL INC COM CL A 10949T109 5,689,057 1,015,903 SH SOLE 1,015,903 0 0
CABALETTA BIO INC COM 12674W109 907,582 337,391 SH SOLE 337,391 0 0
CALAMOS GBL DYN INCOME FUND COM 12811L107 74,531 10,266 SH SOLE 10,266 0 0
CANNAE HLDGS INC COM 13765N107 8,428,786 741,318 SH SOLE 741,318 0 0
CARLYLE CREDIT INCOME FUND SHS BEN INT 92535C104 506,169 157,685 SH SOLE 157,685 0 0
CARLYLE SECURED LENDING INC COM 872280102 469,162 42,885 SH SOLE 42,885 0 0
CAVCO INDS INC DEL COM 149568107 480,416 992 SH SOLE 992 0 0
CENTRAL & EASTERN EUROPE FD COM 153436100 3,170,548 173,254 SH SOLE 173,254 0 0
CHAMPION HOMES INC COM 830830105 371,850 5,000 SH SOLE 5,000 0 0
CHIMERA INVT CORP COM SHS 16934Q802 366,171 29,177 SH SOLE 29,177 0 0
CLOUGH GLOBAL DIVID & INCOME COM 18913Y103 114,126 19,278 SH SOLE 19,278 0 0
CLOUGH GLOBAL EQUITY FD COM 18914C100 2,492,084 330,954 SH SOLE 330,954 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 3,680,634 660,796 SH SOLE 660,796 0 0
COHEN & STEERS INFRASTRUCTUR COM 19248A109 997,985 38,562 SH SOLE 38,562 0 0
CORNERSTONE STRATEGIC INVEST COM 21924B302 3,217,862 442,014 SH SOLE 442,014 0 0
CORNERSTONE TOTAL RETURN FD COM 21924U300 7,751,672 1,115,348 SH SOLE 1,115,348 0 0
CRESCENT CAP BDC INC COM 225655109 4,336,396 356,905 SH SOLE 356,905 0 0
DESIGN THERAPEUTICS INC COM 25056L103 16,282,764 1,530,335 SH SOLE 1,530,335 0 0
DESTRA MULTI-ALTERNATIVE FD COMMON SHARES 25065A502 366,515 45,193 SH SOLE 45,193 0 0
DTF TAX-FREE INCOME 2028 TER COM 23334J107 4,065,769 355,089 SH SOLE 355,089 0 0
DUFF & PHELPS UTLITY AND INF COM 26433C105 325,839 22,565 SH SOLE 22,565 0 0
EAGLE POINT INCOME COMPANY I COM 269817102 760,364 80,547 SH SOLE 80,547 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 524,702 49,782 SH SOLE 49,782 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 214,191 42,924 SH SOLE 42,924 0 0
EATON VANCE TAX-MANAGED GLOB COM 27829C105 120,918 13,772 SH SOLE 13,772 0 0
ELME COMMUNITIES SH BEN INT 939653101 5,240,818 2,607,372 SH SOLE 2,607,372 0 0
ENNIS INC COM 293389102 2,976,438 138,956 SH SOLE 138,956 0 0
FIDELITY WISE ORIGIN BITCOIN SHS 315948109 90,707,682 1,536,637 SH SOLE 1,536,637 0 0
FIRST TR HIGH YIELD OPPRT 20 COM 33741Q107 2,249,552 166,264 SH SOLE 166,264 0 0
FIRST TR SR FLTG RATE INCOME COM 33733U108 3,690,799 382,863 SH SOLE 382,863 0 0
FORUM MARKETS INC COM SHS 68236V401 232,379 80,408 SH SOLE 80,408 0 0
FRANKLIN BSP RLTY TR INC COMMON STOCK 35243J101 840,968 99,054 SH SOLE 99,054 0 0
FS KKR CAP CORP COM 302635206 1,136,088 111,600 SH SOLE 111,600 0 0
FS SPECIALTY LENDING FD COM SH BEN INT 644323107 3,362,813 268,810 SH SOLE 268,810 0 0
FULGENT GENETICS INC COM 359664109 1,666,272 104,797 SH SOLE 104,797 0 0
GABELLI EQUITY TR INC RIGHT 04/14/2026 362397226 1,895 270,720 SH SOLE 270,720 0 0
GOLDMAN SACHS BDC INC SHS 38147U107 444,000 50,000 SH SOLE 50,000 0 0
GOLUB CAP BDC INC COM 38173M102 253,200 20,000 SH SOLE 20,000 0 0
GRANITE PT MTG TR INC COM STK 38741L107 21,738 14,992 SH SOLE 14,992 0 0
GRAYSCALE DOGECOIN TR ETF SHS 389923103 359,476 33,254 SH SOLE 33,254 0 0
HIGH INCOME SECS FD SHS BEN INT 42968F108 429,495 77,807 SH SOLE 77,807 0 0
HUDSON PACIFIC PROPERTIES IN COM 444097406 735,192 124,398 SH SOLE 124,398 0 0
JAPAN SMALLER CAPITALIZATION COM 47109U104 4,392,220 402,956 SH SOLE 402,956 0 0
LADDER CAP CORP CL A 505743104 2,837,960 290,477 SH SOLE 290,477 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 2,194,942 395,485 SH SOLE 395,485 0 0
LIBERTY ALL-STAR GROWTH FD I COM 529900102 655,429 137,985 SH SOLE 137,985 0 0
LYELL IMMUNOPHARMA INC COM NEW 55083R203 11,590,808 577,807 SH SOLE 577,807 0 0
MADISON SQUARE GRDN SPRT COR CL A 55825T103 3,189,895 9,925 SH SOLE 9,925 0 0
MEXICO FD INC COM 592835102 3,840,760 183,505 SH SOLE 183,505 0 0
MFA FINL INC COM 55272X607 1,227,064 128,086 SH SOLE 128,086 0 0
MFS HIGH INCOME MUN TR SH BEN INT 59318D104 4,700,025 1,266,853 SH SOLE 1,266,853 0 0
MFS HIGH YIELD MUN TR SH BEN INT 59318E102 5,361,830 1,497,718 SH SOLE 1,497,718 0 0
MFS INTER HIGH INCOME FD SH BEN INT 59318T109 206,523 127,491 SH SOLE 127,491 0 0
MFS INVT GRADE MUN TR SH BEN INT 59318B108 3,634,084 454,829 SH SOLE 454,829 0 0
MIDCAP FINANCIAL INVSTMNT CO COM NEW 03761U502 1,578,961 140,477 SH SOLE 140,477 0 0
MONROE CAP CORP COM 610335101 5,183,315 1,277,717 SH SOLE 1,277,717 0 0
MORGAN STANLEY DIRECT LENDIN COM SHS 61774A103 279,200 20,000 SH SOLE 20,000 0 0
NEUBERGER HIGH YIELD ST FD I RIGHT 04/15/2026 64128C130 880 110,000 SH SOLE 110,000 0 0
NEUBERGER NEXT GENERATION COMMON STOCK 64133Q108 134,582 10,457 SH SOLE 10,457 0 0
NEW MTN FIN CORP COM 647551100 349,200 45,000 SH SOLE 45,000 0 0
NEWTEKONE INC COM NEW 652526203 586,592 53,570 SH SOLE 53,570 0 0
NUVEEN CHURCHILL DIRECT LEND COM SHS 67090S108 892,435 70,160 SH SOLE 70,160 0 0
NUVEEN CORE PLUS IMPACT FUND COM BEN INT 67080D103 870,053 85,383 SH SOLE 85,383 0 0
NUVEEN FLOATING RATE INCOME COM 67072T108 3,095,443 411,628 SH SOLE 411,628 0 0
NUVEEN PA INVT QUALITY MUN F COM 670972108 12,615,903 1,057,494 SH SOLE 1,057,494 0 0
NUVEEN REAL ASSET INCOME & G COM 67074Y105 1,358,092 110,414 SH SOLE 110,414 0 0
NUVEEN S&P 500 DYNAMIC OVERW COM 6706EW100 1,423,031 88,552 SH SOLE 88,552 0 0
NXG NEXTGEN INFRASTR INCM FD COM 231647207 274,650 5,000 SH SOLE 5,000 0 0
NYLI CBRE GBL INFR MEGTRNDS COM 56064Q107 4,643,994 316,133 SH SOLE 316,133 0 0
PGIM SHORT DUR HIG YLD OPP F COM 69355J104 2,866,314 178,921 SH SOLE 178,921 0 0
PIMCO CALIF MUN INCOME FD COM 72200N106 5,293,989 617,015 SH SOLE 617,015 0 0
PIMCO DYNAMIC INCOME STRATEG COM SHS BEN INT 69346N107 11,945,314 541,492 SH SOLE 541,492 0 0
PIMCO NEW YORK MUN FD II COM 72200Y102 3,347,869 488,740 SH SOLE 488,740 0 0
PLAYSTUDIOS INC CLASS A COM 72815G108 2,207,367 4,704,534 SH SOLE 4,704,534 0 0
RALLYBIO CORP COM 75120L209 1,715,118 191,206 SH SOLE 191,206 0 0
RIVERNORTH DOUBLELINE STRATE COM 76882G107 260,496 33,963 SH SOLE 33,963 0 0
SABA CAPITAL INCOME & OPPORT COM NEW 880198205 2,893,912 347,826 SH SOLE 347,826 0 0
SHARPLINK INC COM NEW 820014405 801,625 124,283 SH SOLE 124,283 0 0
SRH TOTAL RETURN FUND INC COM 101507101 1,996,511 116,755 SH SOLE 116,755 0 0
STARWOOD PPTY TR INC COM 85571B105 1,222,620 71,000 SH SOLE 71,000 0 0
STATE STR SPDR S&P 500 ETF T TR UNIT 78462F103 471,497 725 SH SOLE 725 0 0
TAIWAN FD INC COM 874036106 1,220,792 18,570 SH SOLE 18,570 0 0
TALPHERA INC COM NEW 00444T209 348,916 467,152 SH SOLE 467,152 0 0
TEJON RANCH CO COM 879080109 1,789,743 94,997 SH SOLE 94,997 0 0
TOTAL RETURN SECURITIES FUND COM 870875101 275,472 46,454 SH SOLE 46,454 0 0
TPG RE FIN TR INC COM 87266M107 2,560,368 327,832 SH SOLE 327,832 0 0
WALKER & DUNLOP INC COM 93148P102 514,808 11,600 SH SOLE 11,600 0 0
WESTERN ASSET INFLT LNK INC COM SH BEN INT 95766Q106 458,395 56,732 SH SOLE 56,732 0 0
WHEELER REAL ESTATE INVT TR 7% SR NT 31 963025804 421,680 5,271 SH SOLE 5,271 0 0
ZENTALIS PHARMACEUTICALS INC COM 98943L107 1,427,571 610,073 SH SOLE 610,073 0 0