RIVERNORTH CAPITAL MANAGEMENT, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	248,838	$48,703	3.9%	$186.18	—	TR UNIT	78462F103
—	BLACKROCK CR ALLCTN INC TR	3,225,278	$44,348	3.6%	$12.98	—	COM	092508100
—	PIMCO DYNAMIC CR INCOME FD	1,830,557	$43,604	3.5%	$22.67	—	COM SHS	72202D106
—	NUVEEN CR STRATEGIES INCM FD	3,194,114	$29,897	2.4%	$9.61	—	COM SHS	67073D102
—	ADAMS EXPRESS CO	1,746,371	$24,013	1.9%	$11.96	—	COM	006212104
—	ROYCE VALUE TR INC	1,481,488	$23,704	1.9%	$15.16	—	COM	780910105
—	TRI CONTL CORP	1,070,982	$22,469	1.8%	$17.90	—	COM	895436103
—	TEMPLETON GLOBAL INCOME FD	2,627,378	$21,702	1.7%	$8.08	—	COM	880198106
OEF	ISHARES	250,000	$21,633	1.7%	$72.24	—	S&P 100 ETF	464287101
VWO	VANGUARD INTL EQUITY INDEX F	501,375	$21,624	1.7%	$39.55	—	FTSE EMR MKT ETF	922042858
—	POWERSHARES ETF TRUST	240,668	$21,285	1.7%	$73.13	—	FTSE RAFI 1000	73935X583
—	INVESCO MUN OPPORTUNITY TR	1,682,343	$21,198	1.7%	$11.71	—	COM	46132C107
—	LIBERTY ALL STAR EQUITY FD	3,517,026	$21,137	1.7%	$5.22	—	SH BEN INT	530158104
—	NUVEEN PREM INCOME MUN FD 2	1,496,800	$20,716	1.7%	$12.99	—	COM	67063W102
VEA	VANGUARD TAX MANAGED INTL FD	473,753	$20,177	1.6%	$41.69	—	FTSE DEV MKT ETF	921943858
—	CLOUGH GLOBAL OPPORTUNITIES	1,551,678	$20,172	1.6%	$12.87	—	SH BEN INT	18914E106
—	BLACKROCK MULTI-SECTOR INC T	1,001,614	$18,530	1.5%	$17.13	—	COM	09258A107
—	NEXPOINT CR STRATEGIES FD	1,474,500	$17,797	1.4%	$7.98	—	COM	65340G106
—	MORGAN STANLEY EM MKTS DM DE	1,335,980	$17,795	1.4%	$13.92	—	COM	617477104
—	NUVEEN INTER DURATION MN TMF	1,407,281	$17,718	1.4%	$11.70	—	COM	670671106
—	ALPINE TOTAL DYNAMIC DIVID F	1,914,603	$17,078	1.4%	$3.96	—	COM SBI	021060108
—	BLACKROCK GLOBAL OPP EQTY TR	1,129,932	$17,005	1.4%	$13.75	—	COM	092501105
—	NUVEEN MUN ADVANTAGE FD INC	1,260,570	$16,942	1.4%	$12.22	—	COM	67062H106
—	BLACKROCK DEBT STRAT FD INC	4,112,656	$16,862	1.4%	$4.04	—	COM	09255R103
—	NUVEEN DIVER CURRENCY OPPOR	1,401,963	$15,744	1.3%	$11.19	—	COM	67090N109
—	ALLIANZGI EQUITY & CONV INCO	760,730	$15,367	1.2%	$18.98	—	COM	018829101
—	PIMCO INCOME STRATEGY FUND I	1,307,346	$14,459	1.2%	$10.51	—	COM	72201J104
—	PUTNAM PREMIER INCOME TR	2,525,263	$14,015	1.1%	$5.37	—	SH BEN INT	746853100
—	INVESCO MUN TR	1,081,693	$13,543	1.1%	$11.63	—	COM	46131J103
—	GENERAL AMERN INVS INC	364,804	$13,432	1.1%	$32.35	—	COM	368802104
—	NUVEEN LG/SHT COMMODITY TOTR	791,041	$12,783	1.0%	$17.08	—	COM UT BEN INT	670731108
—	RYDEX ETF TRUST	94,701	$12,762	1.0%	$114.56	—	GUG RUSS TOP 50	78355W205
—	NUVEEN MTG OPPORTUNITY TERM	474,503	$11,673	0.9%	$23.58	—	COM	670735109
—	LEGG MASON BW GLB INC OPP FD	631,528	$11,589	0.9%	$17.71	—	COM	52469B100
—	NUVEEN DIVID ADVANTAGE MUN F	803,400	$11,360	0.9%	$13.27	—	COM	67066V101
—	BLACKROCK CORPOR HI YLD FD V	887,126	$10,903	0.9%	$12.18	—	COM	09255P107
—	FIRST TR HIGH INCOME L/S FD	598,601	$10,865	0.9%	$17.37	—	COM	33738E109
—	WELLS FARGO ADVANTAGE MULTI	711,678	$10,604	0.9%	$14.31	—	COM SHS	94987D101
—	ZWEIG TOTL RETURN FUND	710,174	$10,219	0.8%	$12.87	—	COM NEW	989837208
—	NUVEEN MUN MKT OPPORTUNITY F	750,393	$10,018	0.8%	$12.15	—	COM	67062W103
—	BLACKROCK MUN TARGET TERM TR	469,460	$9,535	0.8%	$17.12	—	COM SHS BEN IN	09257P105
—	NUVEEN PREM INCOME MUN FD	698,160	$9,488	0.8%	$12.91	—	COM	67062T100
—	BOULDER TOTAL RETURN FD INC	363,288	$9,322	0.7%	$22.09	—	COM	101541100
—	NUVEEN CAL AMT-FREE MUN INC	656,667	$8,964	0.7%	$12.60	—	COM	670651108
—	NEUBERGER BERMAN MLP INCOME	440,321	$8,890	0.7%	$19.09	—	COM	64129H104
—	WESTERN ASSET EMRG MKT INCM	684,518	$8,851	0.7%	$12.10	—	COM	95766E103
—	BLACKSTONE GSO STRATEGIC CR	493,063	$8,762	0.7%	$17.77	—	COM SHS BEN IN	09257R101
—	IVY HIGH INC OPPORTUNITIES F	466,466	$8,630	0.7%	$17.95	—	COM	465893105
—	MFS CHARTER INCOME TR	931,926	$8,611	0.7%	$9.17	—	SH BEN INT	552727109
—	ALLIANCEBERNSTEIN INCOME FUN	1,137,285	$8,552	0.7%	$7.52	—	COM	01881E101
—	BROOKFIELD MTG OPP INC FD IN	472,829	$8,322	0.7%	$16.75	—	COM	112792106
—	CENTRAL FD CDA LTD	571,703	$8,313	0.7%	$13.60	—	CL A	153501101
—	NUVEEN MUN OPPORTUNITY FD IN	564,310	$7,962	0.6%	$13.37	—	COM	670984103
—	WESTERN ASSET GLOBAL CP DEFI	425,476	$7,952	0.6%	$18.03	—	COM	95790C107
—	VIRTUS TOTAL RETURN FD	1,645,382	$7,898	0.6%	$3.90	—	COM	92829A103
—	CLOUGH GLOBAL EQUITY FD	502,718	$7,782	0.6%	$14.97	—	COM	18914C100
—	DWS HIGH INCOME OPPORT FD IN	499,065	$7,371	0.6%	$14.38	—	COM NEW	23339M204
—	MARKET VECTORS ETF TR	273,737	$7,240	0.6%	$24.64	—	GOLD MINER ETF	57060U100
—	FRANKLIN TEMPLETON LTD DUR I	528,677	$6,915	0.6%	$13.02	—	COM	35472T101
—	NUVEEN PFD INCOME OPPRTNY FD	708,645	$6,874	0.6%	$9.26	—	COM	67073B106
—	BLACKSTONE GSO LNG SHRT CR I	379,334	$6,726	0.5%	$17.86	—	COM SHS BN INT	09257D102
—	WESTERN ASSET CLYM INFL OPP	540,457	$6,653	0.5%	$11.83	—	COM	95766R104
—	EATON VANCE RISK MNGD DIV EQ	568,506	$6,561	0.5%	$10.90	—	COM	27829G106
—	POWERSHARES GLOBAL ETF TRUST	305,240	$6,508	0.5%	$19.63	—	EMER MRKT PORT	73936T763
—	BOULDER GROWTH & INCOME FD I	763,862	$6,508	0.5%	$7.46	—	COM	101507101
—	ABERDEEN ASIA PACIFIC INCOM	1,029,726	$6,467	0.5%	$6.06	—	COM	003009107
—	NUVEEN BUILD AMER BD FD	312,479	$6,406	0.5%	$19.14	—	COM	67074C103
—	CORNERSTONE PROGRESSIVE RTN	1,331,118	$6,110	0.5%	$4.59	—	COM	21925C101
—	APOLLO TACTICAL INCOME FD IN	326,600	$5,990	0.5%	$17.73	—	COM	037638103
—	AMERICAN CAP LTD	391,384	$5,984	0.5%	$15.29	—	COM	02503Y103
—	VIRTUS GLOBAL MULTI-SEC INC	320,858	$5,731	0.5%	$17.30	—	COM	92829B101
—	MFS MULTIMARKET INCOME TR	835,404	$5,555	0.4%	$6.61	—	SH BEN INT	552737108
—	COHEN & STEERS REIT & PFD IN	301,404	$5,434	0.4%	$16.90	—	COM	19247X100
—	NUVEEN DIVID ADVANTAGE MUN I	382,814	$5,421	0.4%	$13.78	—	COM	67071L106
SVVC	FIRSTHAND TECH VALUE FD INC	254,496	$5,408	0.4%	$20.33	+2.3%	COM	33766Y100
—	PIMCO INCOME STRATEGY FUND	432,170	$5,333	0.4%	$11.96	—	COM	72201H108
—	ROYCE FOCUS TR	616,488	$5,271	0.4%	$6.98	—	COM	78080N108
—	STONE HBR EMERG MKTS TL INC	260,968	$5,261	0.4%	$19.41	—	COM	86164W100
—	BLACKROCK ENHANCED EQT DIV T	610,188	$5,119	0.4%	$7.72	—	COM	09251A104
—	INVESCO DYNAMIC CR OPP FD	390,972	$5,063	0.4%	$12.90	—	COM	46132R104
—	WESTERN ASSET WORLDWIDE INCO	384,932	$5,062	0.4%	$12.44	—	COM	957668106
—	CENTRAL EUR RUSS & TURK FD I	158,676	$4,648	0.4%	$29.82	—	COM	153436100
—	STRATEGIC GLOBAL INCOME FD	485,939	$4,544	0.4%	$9.26	—	COM	862719101
—	NUVEEN BUILD AMER BD OPPTNY	210,715	$4,537	0.4%	$20.00	—	COM	67074Q102
—	PIMCO MUN INCOME FD II	376,955	$4,505	0.4%	$11.40	—	COM	72200W106
—	EATON VANCE LTD DUR INCOME F	286,212	$4,459	0.4%	$15.30	—	COM	27828H105
—	AMERN STRATEGIC INCOME PTFL	501,624	$4,404	0.4%	$8.40	—	COM	030099105
—	NEUBERGER BERMAN RE ES SEC F	851,059	$4,255	0.3%	$4.74	—	COM	64190A103
—	NUVEEN INT DUR QUAL MUN TRM	330,564	$4,241	0.3%	$11.92	—	COM	670677103
—	EATON VANCE SH TM DR DIVR IN	276,388	$4,240	0.3%	$15.32	—	COM	27828V104
—	WESTERN ASSET HGH YLD DFNDFD	235,320	$4,215	0.3%	$17.81	—	COM	95768B107
—	ADVENT CLAYMORE ENH GRW & IN	406,531	$4,187	0.3%	$9.78	—	COM	00765E104
—	PUTNAM MASTER INTER INCOME T	735,746	$3,789	0.3%	$5.02	—	SH BEN INT	746909100
—	WESTERN ASSET EMRG MKT DEBT	203,852	$3,747	0.3%	$18.13	—	COM	95766A101
—	AVENUE INCOME CR STRATEGIES	208,365	$3,746	0.3%	$17.58	—	COM	05358E106
—	CBRE CLARION GLOBAL REAL EST	404,028	$3,681	0.3%	$8.04	—	COM	12504G100
—	BROOKFIELD TOTAL RETURN FD I	146,144	$3,680	0.3%	$23.83	—	COM	11283U108
XXHYBXX	NEW AMER HIGH INCOME FD INC	357,492	$3,589	0.3%	$9.82	—	COM NEW	641876800
—	CLOUGH GLOBAL ALLOCATION FD	229,827	$3,562	0.3%	$15.31	—	COM	18913Y103
—	NUVEEN GBL INCOME OPPORTUN F	277,050	$3,532	0.3%	$11.94	—	COM	67073C104
—	ABERDEEN EMERGING MKTS SMALL	230,082	$3,304	0.3%	$15.57	—	COM	00301T102
—	NUVEEN SELECT QUALITY MUN FD	235,607	$3,266	0.3%	$13.19	—	COM	670973106
—	FEDERATED ENHANC TREAS INCM	241,510	$3,258	0.3%	$13.08	—	COM SH BEN INT	314162108
—	AMERICAN SELECT PORTFOLIO IN	303,499	$3,247	0.3%	$10.43	—	COM	029570108
—	INVESCO QUALITY MUNI INC TRS	262,723	$3,226	0.3%	$11.12	—	COM	46133G107
—	PUTNAM MUN OPPORTUNITIES TR	264,542	$3,108	0.2%	$10.79	—	SH BEN INT	746922103
—	PIMCO DYNAMIC INCOME FD	90,071	$3,071	0.2%	$29.25	—	SHS	72201Y101
—	GLOBAL HIGH INCOME FUND INC	286,838	$2,975	0.2%	$10.07	—	COM	37933G108
—	SWISS HELVETIA FD INC	194,958	$2,841	0.2%	$14.57	—	COM	870875101
—	MORGAN STANLEY EMER MKTS DEB	279,242	$2,837	0.2%	$10.00	—	COM	61744H105
—	MACQUARIE GLBL INFRA TOTL RE	109,859	$2,827	0.2%	$20.42	—	COM	55608D101
—	NUVEEN PREMIER MUN INCOME FD	201,624	$2,748	0.2%	$12.62	—	COM	670988104
—	EATON VANCE FLTG RATE INCOM	146,256	$2,634	0.2%	$18.16	—	COM SHS BEN INT	278284104
—	INVESCO TR INVT GRADE MUNS	198,684	$2,589	0.2%	$12.18	—	COM	46131M106
—	ADVENT CLAY CONV SEC INC FD	334,508	$2,562	0.2%	$6.93	—	COM	007639107
—	NUVEEN MTG OPPTY TERM FD 2	107,579	$2,560	0.2%	$23.65	—	COM	67074R100
—	BLACKROCK FLOAT RATE OME STR	174,132	$2,551	0.2%	$14.60	—	COM	09255X100
—	AMERICAN STRATEGIC INCOME II	346,380	$2,536	0.2%	$7.06	—	COM	03009T101
AMG	AFFILIATED MANAGERS GROUP	12,100	$2,485	0.2%	$153.14	+22.2%	COM	008252108
—	DREYFUS MUN BD INFRSTRCTR FD	203,048	$2,404	0.2%	$11.17	—	SHS	26203D101
IWM	ISHARES	20,000	$2,376	0.2%	$118.80	—	RUSSELL 2000 ETF	464287655
—	INVESCO ADVANTAGE MUNICIPAL	196,053	$2,225	0.2%	$10.57	—	SH BEN INT	46132E103
—	NEUBERGER BERMAN HGH YLD FD	155,916	$2,159	0.2%	$13.02	—	COM	64128C106
—	NUVEEN PERFORMANCE PLUS MUN	146,744	$2,151	0.2%	$13.94	—	COM	67062P108
—	NUVEEN QUALITY PFD INC FD 3	247,245	$2,146	0.2%	$8.32	—	COM	67072W101
—	NUVEEN DIVERSIFIED COMMODTY	131,919	$2,145	0.2%	$15.28	—	COM UT BEN INT	67074P104
—	SPECIAL OPPORTUNITIES FD INC	119,119	$1,989	0.2%	$16.25	—	COM	84741T104
—	CENTRAL SECS CORP	80,395	$1,885	0.2%	$21.72	—	COM	155123102
—	NUVEEN SR INCOME FD	266,080	$1,876	0.2%	$7.05	—	COM	67067Y104
IWD	ISHARES	17,375	$1,760	0.1%	$95.89	—	RUS 1000 VAL ETF	464287598
—	DWS GLOBAL HIGH INCOME FD	205,534	$1,729	0.1%	$8.07	—	COM	23338W104
—	GSV CAP CORP	156,122	$1,650	0.1%	$9.49	—	COM	36191J101
—	DWS HIGH INCOME TR	172,529	$1,623	0.1%	$9.19	—	SHS NEW	23337C208
—	TORTOISE ENERGY INFRSTRCTR C	32,281	$1,596	0.1%	$49.44	—	COM	89147L100
—	GDL FUND	144,045	$1,564	0.1%	$11.06	—	COM SH BEN IT	361570104
—	WESTERN ASSET MGD HI INCM FD	263,712	$1,530	0.1%	$5.72	—	COM	95766L107
—	EATON VANCE MUN INCOME TERM	88,202	$1,486	0.1%	$16.50	—	SHS	27829U105
—	EATON VANCE SR INCOME TR	214,352	$1,460	0.1%	$6.81	—	SH BEN INT	27826S103
—	THAI FD INC	126,225	$1,416	0.1%	$21.60	—	COM	882904105
—	CALAMOS GBL DYN INCOME FUND	134,606	$1,319	0.1%	$8.56	—	COM	12811L107
—	CLEARBRIDGE AMERN ENERG MLP	67,164	$1,248	0.1%	$17.84	—	COM	184691103
—	CORNERSTONE STRATEGIC VALUE	164,223	$1,000	0.1%	$6.60	—	COM NEW	21924B203
—	TCW STRATEGIC INCOME FUND IN	179,752	$992	0.1%	$5.47	—	COM	872340104
—	HELIOS STRATEGIC INCOME FD I	131,736	$908	0.1%	$6.11	—	COM NEW	42328A203
—	ARES MULTI STRATEGY CR FD IN	39,206	$857	0.1%	$21.17	—	COM	04014Q108
—	NUVEEN QUALITY INCOME MUN FD	62,179	$853	0.1%	$12.25	—	COM	670977107
—	NUVEEN FLEXIBLE INVT INCOME	44,609	$839	0.1%	$18.81	—	COM	67075B104
—	BANCROFT FUND LTD	41,400	$835	0.1%	$20.17	—	COM	059695106
—	AMERICAN CAP SR FLOATING LTD	57,667	$807	0.1%	$13.99	—	COM	02504D108
—	SALIENT MIDSTREAM & MLP FD	26,341	$780	0.1%	$29.61	—	SH BEN INT	79471V105
—	VOYA EMERGING MKTS HIGH DIVI	55,713	$711	0.1%	$12.76	—	COM	92912P108
—	ROYCE GLOBAL VALUE TR INC	72,902	$686	0.1%	$8.89	—	COM	78081T104
—	NUVEEN FLOATING RATE INCOME	55,786	$675	0.1%	$12.10	—	COM	67072T108
—	BLACKSTONE GSO FLTING RTE FU	36,787	$659	0.1%	$17.91	—	COM	09256U105
—	INVESCO CALIF VALUE MUN INC	52,689	$652	0.1%	$11.39	—	COM	46132H106
XLF	SELECT SECTOR SPDR TR	27,900	$634	0.1%	$20.60	—	SBI INT-FINL	81369Y605
—	DENALI FD INC	28,399	$609	0.0%	$21.44	—	COM	24823A102
RIO	RIO TINTO PLC	10,000	$543	0.0%	$55.01	—	SPONSORED ADR	767204100
—	EATON VANCE MUN BD FD	42,921	$534	0.0%	$11.89	—	COM	27827X101
XEVMX	EATON VANCE CALIF MUN BD FD	41,846	$485	0.0%	$10.85	—	COM	27828A100
XMQTX	BLACKROCK MUNIY QUALITY FD I	35,590	$455	0.0%	$12.58	—	COM	09254G108
—	NUVEEN DIVID ADV MUN FD 3	33,176	$454	0.0%	$13.68	—	COM SH BEN INT	67070X101
—	GABELLI DIVD & INCOME TR	18,986	$416	0.0%	$19.36	—	COM	36242H104
XJPIX	NUVEEN PFD & INCOME TERM FD	16,750	$393	0.0%	$23.46	—	COM	67075A106
—	BARCLAYS BK PLC	842	$326	0.0%	$28.67	—	Put	06742E711
—	GOLDMAN SACHS MLP INC OPP FD	15,470	$322	0.0%	$20.81	—	COM SHS	38147W103
—	AMERICAN STRATEGIC INCM PTFL	30,605	$314	0.0%	$10.26	—	COM	030098107
—	YAHOO INC	8,900	$313	0.0%	$35.17	—	COM	984332106
—	TAIWAN FD INC	13,511	$277	0.0%	$20.50	—	COM	874036106
—	PRINCIPAL REAL ESTATE INCOME	12,666	$242	0.0%	$19.11	—	SHS BEN INT	74255X104
—	FIRST TR STRATEGIC HIGH INC	13,573	$222	0.0%	$15.87	—	COM SHS NEW	337353304
—	BARCLAYS BK PLC	7,500	$215	0.0%	$28.67	—	IPATH S&P500 VIX	06742E711
—	PUTNAM HIGH INCOME SEC FUND	23,832	$208	0.0%	$7.90	—	SHS BEN INT	746779107
—	NUVEEN SHT DUR CR OPP FD	10,538	$194	0.0%	$18.41	—	COM	67074X107
—	MADISON STRTG SECTOR PREM FD	14,864	$190	0.0%	$12.78	—	COM	558268108
—	NUVEEN CA DIVIDEND ADV MUN F	12,833	$179	0.0%	$13.95	—	COM	67066Y105
—	ARCH COAL INC	15,090	$55	0.0%	$3.87	—	COM	039380100