RIVERNORTH CAPITAL MANAGEMENT, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	PIMCO DYNAMIC CR INCOME FD	4,063,036	$82,967	5.6%	$21.61	—	COM SHS	72202D106
—	BLACKROCK CR ALLCTN INC TR	3,139,198	$42,254	2.8%	$12.98	—	COM	092508100
—	NUVEEN CR STRATEGIES INCM FD	4,082,213	$36,944	2.5%	$9.44	—	COM SHS	67073D102
—	ALLIANCEBERNSTEIN INCOME FUN	4,559,777	$35,201	2.4%	$7.59	—	COM	01881E101
—	BOULDER GROWTH & INCOME FD I	3,873,490	$33,196	2.2%	$8.35	—	COM	101507101
—	AMERICAN CAP LTD	2,054,850	$30,391	2.0%	$14.76	—	COM	02503Y103
VWO	VANGUARD INTL EQUITY INDEX F	651,375	$26,622	1.8%	$40.12	—	FTSE EMR MKT ETF	922042858
SPY	SPDR S&P 500 ETF TR	122,315	$25,249	1.7%	$187.46	—	TR UNIT	78462F103
—	ADAMS EXPRESS CO	1,756,371	$24,519	1.6%	$11.96	—	COM	006212104
—	TRI CONTL CORP	1,119,584	$24,284	1.6%	$18.04	—	COM	895436103
—	TEMPLETON GLOBAL INCOME FD	3,263,098	$23,462	1.6%	$7.79	—	COM	880198106
OEF	ISHARES TR	250,000	$22,565	1.5%	$72.24	—	S&P 100 ETF	464287101
—	LIBERTY ALL STAR EQUITY FD	3,767,504	$22,002	1.5%	$5.26	—	SH BEN INT	530158104
—	POWERSHARES ETF TRUST	240,668	$21,975	1.5%	$73.13	—	FTSE RAFI 1000	73935X583
—	BLACKROCK CORPOR HI YLD FD I	1,959,716	$21,870	1.5%	$11.69	—	COM	09255P107
—	ABERDEEN ASIA PACIFIC INCOM	3,987,546	$21,453	1.4%	$5.68	—	COM	003009107
—	UBS AG LONDON BRH	929,301	$20,630	1.4%	$21.43	—	2X LEV LNG LKD	90267B765
—	BLACKROCK DEBT STRAT FD INC	5,517,166	$20,579	1.4%	$3.96	—	COM	09255R103
—	BLACKSTONE GSO STRATEGIC CR	1,253,380	$20,280	1.4%	$16.98	—	COM SHS BEN IN	09257R101
—	ROYCE VALUE TR INC	1,413,149	$20,236	1.4%	$15.16	—	COM	780910105
—	BLACKROCK MULTI-SECTOR INC T	1,111,884	$19,425	1.3%	$17.19	—	COM	09258A107
—	CLOUGH GLOBAL OPPORTUNITIES	1,549,678	$19,309	1.3%	$12.87	—	SH BEN INT	18914E106
—	NUVEEN PREM INCOME MUN FD 2	1,356,916	$19,255	1.3%	$12.99	—	COM	67063W102
VEA	VANGUARD TAX MANAGED INTL FD	482,753	$19,228	1.3%	$41.26	—	FTSE DEV MKT ETF	921943858
—	NUVEEN LG/SHT COMMODITY TOTR	1,058,801	$17,657	1.2%	$16.72	—	COM UT BEN INT	670731108
—	MORGAN STANLEY EM MKTS DM DE	1,875,869	$17,371	1.2%	$13.04	—	COM	617477104
—	POWERSHARES ETF TRUST II	724,467	$17,279	1.2%	$23.60	—	CEF INC COMPST	73936Q843
—	ALPINE TOTAL DYNAMIC DIVID F	1,904,203	$16,966	1.1%	$8.51	—	COM SH BEN INT N	021060207
—	NUVEEN INTER DURATION MN TMF	1,286,822	$16,677	1.1%	$11.72	—	COM	670671106
—	BLACKROCK GLOBAL OPP EQTY TR	1,194,058	$16,574	1.1%	$13.65	—	COM	092501105
—	INVESCO MUN OPPORTUNITY TR	1,255,590	$16,272	1.1%	$11.71	—	COM	46132C107
—	ALLIANZGI EQUITY & CONV INCO	810,382	$16,054	1.1%	$19.05	—	COM	018829101
—	BLACKROCK MUN TARGET TERM TR	713,019	$14,952	1.0%	$18.19	—	COM SHS BEN IN	09257P105
—	PUTNAM PREMIER INCOME TR	2,772,506	$14,611	1.0%	$5.36	—	SH BEN INT	746853100
—	MFS MULTIMARKET INCOME TR	2,271,604	$14,425	1.0%	$6.46	—	SH BEN INT	552737108
—	NEXPOINT CR STRATEGIES FD	1,910,562	$14,329	1.0%	$8.56	—	COM	65340G106
—	MFS CHARTER INCOME TR	1,557,258	$13,704	0.9%	$9.01	—	SH BEN INT	552727109
—	RYDEX ETF TRUST	94,701	$13,289	0.9%	$114.56	—	GUG RUSS TOP 50	78355W205
—	EATON VANCE LTD DUR INCOME F	921,658	$13,263	0.9%	$14.49	—	COM	27828H105
—	FIRST TR HIGH INCOME L/S FD	802,321	$13,142	0.9%	$17.11	—	COM	33738E109
—	INVESCO MUN TR	1,021,755	$13,078	0.9%	$11.63	—	COM	46131J103
—	GENERAL AMERN INVS INC	370,834	$12,972	0.9%	$32.39	—	COM	368802104
—	TEMPLETON EMERG MKTS INCOME	1,147,666	$12,360	0.8%	$11.18	—	COM	880192109
—	CLEARBRIDGE AMERN ENERG MLP	774,494	$12,252	0.8%	$15.96	—	COM	184691103
—	WELLS FARGO ADVANTAGE MULTI	903,777	$12,065	0.8%	$14.11	—	COM SHS	94987D101
—	NUVEEN GLOBAL HIGH INCOME FD	705,636	$12,045	0.8%	$17.25	—	SHS	67075G103
—	NUVEEN MUN ADVANTAGE FD INC	848,942	$11,681	0.8%	$12.22	—	COM	67062H106
—	NUVEEN MTG OPPORTUNITY TERM	474,956	$11,062	0.7%	$23.55	—	COM	670735109
—	DIVERSIFIED REAL ASSET INC F	602,605	$10,907	0.7%	$17.72	—	COM SHS	25533B108
—	BROOKFIELD MTG OPP INC FD IN	660,696	$10,882	0.7%	$16.81	—	COM	112792106
—	NUVEEN MUN MKT OPPORTUNITY F	740,593	$10,146	0.7%	$12.15	—	COM	67062W103
—	LEGG MASON BW GLB INC OPP FD	629,013	$10,020	0.7%	$17.71	—	COM	52469B100
—	POWERSHARES GLOBAL ETF TRUST	521,245	$9,643	0.6%	$19.72	—	EMER MRKT PORT	73936T763
—	ZWEIG TOTAL RETURN FD INC	696,459	$9,528	0.6%	$12.87	—	COM NEW	989837208
—	WESTERN ASSET EMRG MKT INCM	852,900	$9,476	0.6%	$11.94	—	COM	95766E103
—	WESTERN ASSET HGH YLD DFNDFD	578,926	$9,465	0.6%	$16.87	—	COM	95768B107
—	WESTERN ASSET EMRG MKT DEBT	585,445	$9,221	0.6%	$16.37	—	COM	95766A101
—	MEDLEY CAP CORP	973,511	$8,908	0.6%	$9.24	—	COM	58503F106
—	CENTRAL FD CDA LTD	737,465	$8,798	0.6%	$13.18	—	CL A	153501101
—	FRANKLIN LTD DURATION INC TR	717,541	$8,732	0.6%	$12.82	—	COM	35472T101
—	NUVEEN DIVID ADVANTAGE MUN F	595,706	$8,531	0.6%	$13.27	—	COM	67066V101
—	CLEARBRIDGE ENERGY MLP TR FD	406,465	$8,085	0.5%	$20.79	—	COM	18469Q108
—	CLOUGH GLOBAL EQUITY FD	510,468	$7,672	0.5%	$14.97	—	COM	18914C100
—	NUVEEN BUILD AMER BD FD	357,443	$7,592	0.5%	$19.38	—	COM	67074C103
—	NUVEEN PREM INCOME MUN FD	540,821	$7,582	0.5%	$14.02	—	COM	67062T100
—	WESTERN ASSET GLOBAL CP DEFI	422,672	$7,477	0.5%	$18.01	—	COM	95790C107
—	ARES DYNAMIC CR ALLOCATION F	445,750	$7,248	0.5%	$15.97	—	COM	04014F102
—	ALLIANCEBERNSTEIN GBL HGH IN	573,227	$7,205	0.5%	$12.47	—	COM	01879R106
—	DEUTSCHE HIGH INCOME OPPORT	499,065	$7,167	0.5%	$14.36	—	COM	25158Y102
—	INVESCO DYNAMIC CR OPP FD	589,678	$7,058	0.5%	$12.45	—	COM	46132R104
—	APOLLO TACTICAL INCOME FD IN	429,431	$7,008	0.5%	$17.46	—	COM	037638103
—	STONE HBR EMERG MKTS TL INC	476,949	$6,901	0.5%	$17.73	—	COM	86164W100
—	IVY HIGH INC OPPORTUNITIES F	423,245	$6,869	0.5%	$17.93	—	COM	465893105
—	FIFTH STREET FINANCE CORP	892,380	$6,514	0.4%	$7.30	—	COM	31678A103
—	MORGAN STANLEY EMER MKTS DEB	677,787	$6,283	0.4%	$9.57	—	COM	61744H105
—	MVC CAPITAL INC	660,219	$6,259	0.4%	$9.66	—	COM	553829102
—	EATON VANCE SH TM DR DIVR IN	431,302	$6,250	0.4%	$14.99	—	COM	27828V104
—	GOLDMAN SACHS MLP INC OPP FD	364,801	$6,143	0.4%	$17.44	—	COM SHS	38147W103
—	WESTERN ASSET CLYM INFL OPP	540,457	$6,129	0.4%	$11.83	—	COM	95766R104
—	WESTERN ASSET HIGH INCM OPP	1,149,527	$6,115	0.4%	$5.34	—	COM	95766K109
—	BLACKSTONE GSO LNG SHRT CR I	378,034	$6,101	0.4%	$17.62	—	COM SHS BN INT	09257D102
—	WESTERN ASSET GLB HI INCOME	530,577	$5,895	0.4%	$11.10	—	COM	95766B109
—	NUVEEN DIVID ADVANTAGE MUN I	398,114	$5,777	0.4%	$13.79	—	COM	67071L106
—	NUVEEN PFD INCOME OPPRTNY FD	600,251	$5,720	0.4%	$9.26	—	COM	67073B106
—	VIRTUS GLOBAL MULTI-SEC INC	336,675	$5,626	0.4%	$17.27	—	COM	92829B101
—	NEUBERGER BERMAN RE ES SEC F	1,012,847	$5,490	0.4%	$4.78	—	COM	64190A103
—	NUVEEN SR INCOME FD	819,094	$5,455	0.4%	$6.78	—	COM	67067Y104
—	ADVENT CLAY CONV SEC INC FD	738,542	$4,963	0.3%	$6.70	—	COM	007639107
—	PIMCO INCOME STRATEGY FUND I	478,492	$4,804	0.3%	$10.51	—	COM	72201J104
—	CLOUGH GLOBAL ALLOCATION FD	312,392	$4,701	0.3%	$15.06	—	COM	18913Y103
—	SPROTT FOCUS TR INC	633,579	$4,600	0.3%	$7.26	—	COM	85208J109
—	NUVEEN BUILD AMER BD OPPTNY	210,615	$4,575	0.3%	$20.00	—	COM	67074Q102
—	STRATEGIC GLOBAL INCOME FD	531,762	$4,483	0.3%	$9.21	—	COM	862719101
—	PUTNAM MASTER INTER INCOME T	909,665	$4,457	0.3%	$5.01	—	SH BEN INT	746909100
—	LMP REAL ESTATE INCOME FD IN	337,321	$4,392	0.3%	$11.30	—	COM	50208C108
—	GSV CAP CORP	446,339	$4,374	0.3%	$9.22	—	COM	36191J101
—	CORNERSTONE PROGRESSIVE RTN	273,849	$4,335	0.3%	$15.83	—	COM NEW	21925C200
—	WESTERN ASSET WORLDWIDE INCO	378,039	$4,287	0.3%	$12.44	—	COM	957668106
—	NEUBERGER BERMAN HGH YLD FD	322,870	$3,984	0.3%	$12.62	—	COM	64128C106
—	NUVEEN MUN OPPORTUNITY FD IN	269,569	$3,957	0.3%	$13.37	—	COM	670984103
—	AVENUE INCOME CR STRATEGIES	253,944	$3,845	0.3%	$17.09	—	COM	05358E106
—	MARKET VECTORS ETF TR	209,517	$3,822	0.3%	$24.64	—	GOLD MINER ETF	57060U100
IWM	ISHARES TR	30,000	$3,731	0.3%	$115.43	—	RUSSELL 2000 ETF	464287655
XXHYBXX	NEW AMER HIGH INCOME FD INC	411,832	$3,727	0.2%	$9.72	—	COM NEW	641876800
—	WESTERN ASSET MGD HI INCM FD	716,570	$3,705	0.2%	$5.36	—	COM	95766L107
—	ADVENT CLAYMORE ENH GRW & IN	391,499	$3,688	0.2%	$9.61	—	COM	00765E104
—	NUVEEN SELECT QUALITY MUN FD	260,407	$3,669	0.2%	$13.26	—	COM	670973106
—	NUVEEN DIVID ADV MUN FD 3	255,186	$3,621	0.2%	$13.68	—	COM SH BEN INT	67070X101
—	FEDERATED ENHANC TREAS INCM	257,709	$3,482	0.2%	$13.11	—	COM SH BEN INT	314162108
—	PRUDENTIAL GLB SHT DUR HG YL	217,641	$3,467	0.2%	$15.92	—	COM	74433A109
—	EATON VANCE SR INCOME TR	524,257	$3,413	0.2%	$6.50	—	SH BEN INT	27826S103
—	GLOBAL HIGH INCOME FUND INC	381,278	$3,336	0.2%	$9.82	—	COM	37933G108
—	BLACKROCK ENHANCED EQT DIV T	402,389	$3,304	0.2%	$7.72	—	COM	09251A104
—	NUVEEN MTG OPPTY TERM FD 2	145,788	$3,298	0.2%	$23.56	—	COM	67074R100
—	PUTNAM MUN OPPORTUNITIES TR	267,201	$3,276	0.2%	$10.87	—	SH BEN INT	746922103
—	CBRE CLARION GLOBAL REAL EST	362,324	$3,243	0.2%	$8.05	—	COM	12504G100
—	GDL FUND	310,425	$3,207	0.2%	$10.77	—	COM SH BEN IT	361570104
—	NUVEEN INT DUR QUAL MUN TRM	247,072	$3,207	0.2%	$11.92	—	COM	670677103
—	KAYNE ANDERSON MDSTM ENERGY	96,468	$3,162	0.2%	$33.98	—	COM	48661E108
—	NUVEEN CAL AMT-FREE MUN INC	209,471	$3,129	0.2%	$12.60	—	COM	670651108
—	CENTRAL EUR RUSS & TURK FD I	148,802	$3,050	0.2%	$29.82	—	COM	153436100
—	ABERDEEN EMERGING MKTS SMALL	237,987	$2,991	0.2%	$15.52	—	COM	00301T102
—	INVESCO SR INCOME TR	547,377	$2,595	0.2%	$4.62	—	COM	46131H107
—	EATON VANCE FLTG RATE INCOM	151,931	$2,583	0.2%	$17.90	—	COM SHS BEN INT	278284104
—	BLACKROCK CAPITAL INVESTMENT	282,682	$2,561	0.2%	$8.20	—	COM	092533108
—	NUVEEN PREMIER MUN INCOME FD	176,812	$2,458	0.2%	$12.62	—	COM	670988104
—	OHA INVT CORP	466,191	$2,457	0.2%	$5.27	—	COM	67091U102
—	BLACKSTONE GSO FLTING RTE FU	142,095	$2,451	0.2%	$17.31	—	COM	09256U105
—	DREYFUS MUN BD INFRSTRCTR FD	181,802	$2,323	0.2%	$11.34	—	SHS	26203D101
—	NUVEEN QUALITY PFD INC FD 3	265,245	$2,297	0.2%	$8.34	—	COM	67072W101
—	COHEN & STEERS REIT & PFD IN	103,790	$2,019	0.1%	$16.90	—	COM	19247X100
—	MFS INTERMARKET INCOME TRUST	231,189	$1,960	0.1%	$8.34	—	SH BEN INT	59318R103
—	INVESCO QUALITY MUNI INC TRS	153,363	$1,926	0.1%	$11.12	—	COM	46133G107
SAR	SARATOGA INVT CORP	116,410	$1,845	0.1%	$15.36	+1.0%	COM NEW	80349A208
—	SPECIAL OPPORTUNITIES FD INC	119,119	$1,837	0.1%	$16.25	—	COM	84741T104
—	CENTRAL SECS CORP	80,395	$1,753	0.1%	$21.72	—	COM	155123102
—	INVESCO BD FD	93,400	$1,747	0.1%	$18.40	—	COM	46132L107
—	ARES MULTI STRATEGY CR FD IN	86,684	$1,742	0.1%	$19.98	—	COM	04014Q108
—	DEUTSCHE GLOBAL HIGH INCOME	205,534	$1,722	0.1%	$8.38	—	COM	25158V108
—	MFS INTERMEDIATE HIGH INC FD	604,023	$1,661	0.1%	$2.75	—	SH BEN INT	59318T109
—	NUVEEN FLOATING RATE INCOME	146,886	$1,661	0.1%	$11.12	—	COM	67072T108
—	EATON VANCE MUN INCOME 2028	87,341	$1,556	0.1%	$16.91	—	SHS	27829U105
—	NUVEEN PERFORMANCE PLUS MUN	100,482	$1,494	0.1%	$13.94	—	COM	67062P108
—	MONTGOMERY STR INCOME SECS I	88,077	$1,488	0.1%	$16.32	—	COM	614115103
—	DEUTSCHE HIGH INCOME TR	158,477	$1,407	0.1%	$8.94	—	SHS	25155R100
—	BLACKROCK FLOAT RATE OME STR	93,239	$1,296	0.1%	$13.93	—	COM	09255X100
IWD	ISHARES TR	11,960	$1,233	0.1%	$95.89	—	RUS 1000 VAL ETF	464287598
—	VOYA PRIME RATE TR	205,862	$1,140	0.1%	$5.40	—	SH BEN INT	92913A100
—	FST TR NEW OPPORT MLP & ENE	65,100	$1,113	0.1%	$17.91	—	COM	33739M100
—	NUVEEN DIVERSIFIED COMMODTY	90,881	$1,081	0.1%	$14.41	—	COM UT BEN INT	67074P104
—	BLACKROCK LTD DURATION INC T	67,128	$1,060	0.1%	$15.79	—	COM SHS	09249W101
—	FORT DEARBORN INCOME SECS IN	72,827	$1,047	0.1%	$14.41	—	COM	347200107
—	VOYA EMERGING MKTS HIGH DIVI	99,406	$1,003	0.1%	$10.09	—	COM	92912P108
—	PRUDENTIAL SHT DURATION HG Y	61,255	$997	0.1%	$16.68	—	COM	74442F107
—	MADISON STRTG SECTOR PREM FD	79,800	$961	0.1%	$12.36	—	COM	558268108
—	BROOKFIELD HIGH INCOME FD IN	96,614	$852	0.1%	$9.37	—	COM	11272P102
XPHDX	PIONEER FLOATING RATE TR	72,206	$840	0.1%	$11.59	—	COM	72369J102
—	NUVEEN SHT DUR CR OPP FD	47,703	$818	0.1%	$17.06	—	COM	67074X107
—	NUVEEN DIV ADVANTAGE MUN FD	56,957	$808	0.1%	$14.07	—	COM	67070F100
PSEC	PROSPECT CAPITAL CORPORATION	83,428	$705	0.0%	$2.35	-4.2%	COM	74348T102
—	ROYCE GLOBAL VALUE TR INC	72,702	$585	0.0%	$8.89	—	COM	78081T104
—	NUVEEN QUALITY INCOME MUN FD	39,145	$550	0.0%	$12.25	—	COM	670977107
—	CREDIT SUISSE ASSET MGMT INC	159,590	$512	0.0%	$3.21	—	COM	224916106
—	WELLS FARGO ADVANTAGE INCOME	52,342	$461	0.0%	$8.88	—	COM SHS	94987B105
—	EATON VANCE MUN BD FD	31,021	$400	0.0%	$11.89	—	COM	27827X101
SCM	STELLUS CAP INVT CORP	30,682	$370	0.0%	$12.21	0.0%	COM	858568108
—	INVESCO TR INVT GRADE MUNS	27,052	$364	0.0%	$12.18	—	COM	46131M106
GSBD	GOLDMAN SACHS BDC INC	15,830	$327	0.0%	$20.75	0.0%	SHS	38147U107
—	THL CR INC	20,788	$255	0.0%	$12.27	—	COM	872438106
—	BLACKROCK SCIENCE & TECH TR	10,100	$180	0.0%	$17.82	—	SHS	09258G104
—	NUVEEN QUALITY MUN FD INC	12,909	$173	0.0%	$13.17	—	COM	67062N103
—	LMP CORPORATE LN FD INC	10,229	$114	0.0%	$11.14	—	COM	50208B100