RIVERNORTH CAPITAL MANAGEMENT, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	PIMCO DYNAMIC CR INCOME FD	4,356,318	$87,910	5.5%	$21.51	—	COM SHS	72202D106
—	CLOUGH GLOBAL OPPORTUNITIES	4,275,063	$51,515	3.2%	$12.35	—	SH BEN INT	18914E106
—	BLACKROCK CR ALLCTN INC TR	3,139,198	$39,774	2.5%	$12.98	—	COM	092508100
—	NUVEEN CR STRATEGIES INCM FD	4,082,213	$35,148	2.2%	$9.44	—	COM SHS	67073D102
SPY	SPDR S&P 500 ETF TR	169,603	$34,913	2.2%	$192.59	—	TR UNIT	78462F103
—	ALLIANCEBERNSTEIN INCOME FUN	4,626,963	$34,425	2.1%	$7.59	—	COM	01881E101
—	AMERICAN CAP LTD	2,417,504	$32,757	2.0%	$14.58	—	COM	02503Y103
—	BOULDER GROWTH & INCOME FD I	3,873,489	$32,692	2.0%	$8.35	—	COM	101507101
—	LIBERTY ALL STAR EQUITY FD	5,249,252	$30,183	1.9%	$5.40	—	SH BEN INT	530158104
—	BLACKROCK CORPOR HI YLD FD I	2,589,669	$27,943	1.7%	$11.47	—	COM	09255P107
VWO	VANGUARD INTL EQUITY INDEX F	651,375	$26,628	1.7%	$40.12	—	FTSE EMR MKT ETF	922042858
—	ADAMS EXPRESS CO	1,762,671	$24,625	1.5%	$11.96	—	COM	006212104
—	TRI CONTL CORP	1,126,184	$23,864	1.5%	$18.04	—	COM	895436103
OEF	ISHARES TR	250,000	$22,710	1.4%	$72.24	—	S&P 100 ETF	464287101
—	POWERSHARES ETF TRUST	240,668	$21,824	1.4%	$73.13	—	FTSE RAFI 1000	73935X583
—	TEMPLETON GLOBAL INCOME FD	3,035,340	$21,338	1.3%	$7.79	—	COM	880198106
—	BLACKSTONE GSO STRATEGIC CR	1,311,092	$20,492	1.3%	$16.92	—	COM SHS BEN IN	09257R101
—	FIFTH STREET FINANCE CORP	3,102,181	$20,319	1.3%	$6.77	—	COM	31678A103
—	ABERDEEN ASIA PACIFIC INCOM	4,040,318	$20,040	1.2%	$5.67	—	COM	003009107
—	BLACKROCK DEBT STRAT FD INC	5,521,866	$19,989	1.2%	$3.96	—	COM	09255R103
—	ROYCE VALUE TR INC	1,415,349	$19,518	1.2%	$15.16	—	COM	780910105
VEA	VANGUARD TAX MANAGED INTL FD	482,753	$19,141	1.2%	$41.26	—	FTSE DEV MKT ETF	921943858
—	BLACKROCK MULTI-SECTOR INC T	1,145,284	$18,989	1.2%	$17.17	—	COM	09258A107
—	EATON VANCE LTD DUR INCOME F	1,393,028	$18,764	1.2%	$14.15	—	COM	27828H105
—	NUVEEN PREM INCOME MUN FD 2	1,352,216	$17,957	1.1%	$12.99	—	COM	67063W102
—	MORGAN STANLEY EM MKTS DM DE	1,952,203	$16,887	1.0%	$12.87	—	COM	617477104
—	ALPINE TOTAL DYNAMIC DIVID F	1,911,303	$16,514	1.0%	$8.51	—	COM SH BEN INT N	021060207
—	UBS AG LONDON BRH	810,991	$16,504	1.0%	$21.43	—	2X LEV LNG LKD	90267B765
—	BLACKROCK GLOBAL OPP EQTY TR	1,185,744	$16,304	1.0%	$13.65	—	COM	092501105
—	ALLIANZGI EQUITY & CONV INCO	810,382	$15,640	1.0%	$19.05	—	COM	018829101
—	INVESCO DYNAMIC CR OPP FD	1,343,332	$15,596	1.0%	$11.98	—	COM	46132R104
—	NUVEEN LG/SHT COMMODITY TOTR	931,236	$15,300	0.9%	$16.72	—	COM UT BEN INT	670731108
—	POWERSHARES ETF TRUST II	651,898	$14,883	0.9%	$23.60	—	CEF INC COMPST	73936Q843
—	NUVEEN INTER DURATION MN TMF	1,210,223	$14,825	0.9%	$11.72	—	COM	670671106
—	PUTNAM PREMIER INCOME TR	2,805,456	$14,308	0.9%	$5.36	—	SH BEN INT	746853100
—	MFS MULTIMARKET INCOME TR	2,281,604	$13,849	0.9%	$6.46	—	SH BEN INT	552737108
—	INVESCO MUN OPPORTUNITY TR	1,112,869	$13,577	0.8%	$11.71	—	COM	46132C107
—	MFS CHARTER INCOME TR	1,600,805	$13,559	0.8%	$8.99	—	SH BEN INT	552727109
—	TEMPLETON EMERG MKTS INCOME	1,262,005	$13,516	0.8%	$11.14	—	COM	880192109
—	RYDEX ETF TRUST	94,701	$13,400	0.8%	$114.56	—	GUG RUSS TOP 50	78355W205
—	NEXPOINT CR STRATEGIES FD	1,824,208	$13,371	0.8%	$8.56	—	COM	65340G106
—	FIRST TR HIGH INCOME L/S FD	838,803	$13,119	0.8%	$17.04	—	COM	33738E109
—	BLACKROCK MUN TARGET TERM TR	646,399	$13,103	0.8%	$18.19	—	COM SHS BEN IN	09257P105
—	MEDLEY CAP CORP	1,456,380	$12,976	0.8%	$9.13	—	COM	58503F106
—	WELLS FARGO ADVANTAGE MULTI	1,022,524	$12,945	0.8%	$13.94	—	COM SHS	94987D101
—	GENERAL AMERN INVS INC	371,309	$12,925	0.8%	$32.39	—	COM	368802104
—	INVESCO MUN TR	1,021,755	$12,281	0.8%	$11.63	—	COM	46131J103
—	NUVEEN GLOBAL HIGH INCOME FD	711,968	$11,897	0.7%	$17.25	—	SHS	67075G103
—	ALLIANCEBERNSTEIN GBL HGH IN	963,087	$11,576	0.7%	$12.29	—	COM	01879R106
—	CLOUGH GLOBAL EQUITY FD	750,295	$11,104	0.7%	$14.92	—	COM	18914C100
—	NUVEEN MUN ADVANTAGE FD INC	848,942	$11,036	0.7%	$12.22	—	COM	67062H106
—	WESTERN ASSET EMRG MKT DEBT	736,787	$11,022	0.7%	$16.08	—	COM	95766A101
—	NUVEEN MTG OPPORTUNITY TERM	474,956	$10,777	0.7%	$23.55	—	COM	670735109
—	BROOKFIELD MTG OPP INC FD IN	674,714	$10,667	0.7%	$16.79	—	COM	112792106
—	CLEARBRIDGE ENERGY MLP TR FD	583,499	$10,666	0.7%	$20.03	—	COM	18469Q108
—	WESTERN ASSET HGH YLD DFNDFD	664,577	$10,234	0.6%	$16.68	—	COM	95768B107
—	POWERSHARES GLOBAL ETF TRUST	521,245	$10,034	0.6%	$19.72	—	EMER MRKT PORT	73936T763
—	PRUDENTIAL SHT DURATION HG Y	625,454	$9,676	0.6%	$15.59	—	COM	74442F107
—	PRUDENTIAL GLB SHT DUR HG YL	640,193	$9,667	0.6%	$15.38	—	COM	74433A109
—	NUVEEN MUN MKT OPPORTUNITY F	737,993	$9,520	0.6%	$12.15	—	COM	67062W103
—	ZWEIG TOTAL RETURN FD INC	707,562	$9,156	0.6%	$12.87	—	COM NEW	989837208
—	WESTERN ASSET EMRG MKT INCM	852,900	$9,152	0.6%	$11.94	—	COM	95766E103
—	FRANKLIN LTD DURATION INC TR	770,741	$8,979	0.6%	$12.74	—	COM	35472T101
—	LEGG MASON BW GLB NCO PP FD	629,013	$8,951	0.6%	$17.71	—	COM	52469B100
—	MVC CAPITAL INC	869,834	$8,872	0.6%	$9.79	—	COM	553829102
—	CENTRAL FD CDA LTD	737,465	$8,599	0.5%	$13.18	—	CL A	153501101
—	WESTERN ASSET HIGH INCM OPP	1,653,493	$8,515	0.5%	$5.28	—	COM	95766K109
—	CLEARBRIDGE AMERN ENERG MLP	589,620	$8,137	0.5%	$15.96	—	COM	184691103
—	NEUBERGER BERMAN RE ES SEC F	1,670,515	$7,918	0.5%	$4.76	—	COM	64190A103
—	NUVEEN BUILD AMER BD FD	384,828	$7,446	0.5%	$19.38	—	COM	67074C103
—	NUVEEN SR INCOME FD	1,146,001	$7,334	0.5%	$6.67	—	COM	67067Y104
—	GSV CAP CORP	709,686	$7,317	0.5%	$9.62	—	COM	36191J101
—	DEUTSCHE HIGH INCOME OPPORT	499,065	$7,286	0.5%	$14.36	—	COM	25158Y102
—	ARES DYNAMIC CR ALLOCATION F	473,696	$7,262	0.5%	$15.93	—	COM	04014F102
—	WESTERN ASSET GLOBAL CP DEFI	422,672	$7,249	0.4%	$18.01	—	COM	95790C107
—	NUVEEN PREM INCOME MUN FD	540,821	$7,106	0.4%	$14.02	—	COM	67062T100
—	STONE HBR EMERG MKTS TL INC	494,909	$6,944	0.4%	$17.59	—	COM	86164W100
—	APOLLO TACTICAL INCOME FD IN	433,619	$6,838	0.4%	$17.46	—	COM	037638103
—	IVY HIGH INC OPPORTUNITIES F	454,311	$6,787	0.4%	$17.72	—	COM	465893105
—	CLOUGH GLOBAL ALLOCATION FD	438,714	$6,467	0.4%	$14.96	—	COM	18913Y103
—	EATON VANCE SH TM DR DIVR IN	446,713	$6,187	0.4%	$14.95	—	COM	27828V104
—	MORGAN STANLEY EMER MKTS DEB	677,787	$6,107	0.4%	$9.57	—	COM	61744H105
—	WESTERN ASSET CLYM INFL OPP	540,457	$6,048	0.4%	$11.83	—	COM	95766R104
—	TORTOISE ENERGY INFRSTRCTR C	161,486	$5,960	0.4%	$36.91	—	COM	89147L100
—	BLACKSTONE GSO LNG SHRT CR I	378,034	$5,856	0.4%	$17.62	—	COM SHS BN INT	09257D102
—	EATON VANCE SR INCOME TR	937,780	$5,824	0.4%	$6.37	—	SH BEN INT	27826S103
—	DIVERSIFIED REAL ASSET INC F	324,572	$5,693	0.4%	$17.72	—	COM SHS	25533B108
—	NUVEEN DIVID ADVANTAGE MUN F	419,186	$5,693	0.4%	$13.27	—	COM	67066V101
—	NEUBERGER BERMAN HGH YLD FD	468,701	$5,521	0.3%	$12.36	—	COM	64128C106
—	NUVEEN DIVID ADVANTAGE MUN I	398,114	$5,398	0.3%	$13.79	—	COM	67071L106
—	VIRTUS GLOBAL MULTI-SEC INC	336,675	$5,279	0.3%	$17.27	—	COM	92829B101
—	WESTERN ASSET GLB HI INCOME	476,126	$4,923	0.3%	$11.10	—	COM	95766B109
—	ADVENT CLAY CONV SEC INC FD	760,667	$4,876	0.3%	$6.69	—	COM	007639107
XXHYBXX	NEW AMER HIGH INCOME FD INC	542,668	$4,759	0.3%	$9.49	—	COM NEW	641876800
—	SPROTT FOCUS TR INC	633,579	$4,486	0.3%	$7.26	—	COM	85208J109
—	BABSON CAP GLB SHT DURHGH YL	224,176	$4,472	0.3%	$19.95	—	COM	05617T100
—	STRATEGIC GLOBAL INCOME FD	531,762	$4,398	0.3%	$9.21	—	COM	862719101
—	WESTERN ASSET MGD HI INCM FD	846,576	$4,182	0.3%	$5.29	—	COM	95766L107
—	NUVEEN BUILD AMER BD OPPTNY	210,615	$4,145	0.3%	$20.00	—	COM	67074Q102
NXRT	NEXPOINT RESIDENTIAL TR INC	307,894	$4,135	0.3%	$13.43	—	COM	65341D102
—	DEUTSCHE HIGH INCOME TR	483,764	$4,122	0.3%	$8.66	—	SHS	25155R100
—	WESTERN ASSET WORLDWIDE INCO	378,039	$4,098	0.3%	$12.44	—	COM	957668106
—	FIFTH STR SR FLOATNG RATE CO	437,770	$4,036	0.3%	$9.22	—	COM	31679F101
—	LMP REAL ESTATE INCOME FD IN	337,321	$3,947	0.2%	$11.30	—	COM	50208C108
—	PUTNAM MASTER INTER INCOME T	822,074	$3,880	0.2%	$5.01	—	SH BEN INT	746909100
—	GDL FUND	379,489	$3,867	0.2%	$10.66	—	COM SH BEN IT	361570104
—	NUVEEN FLOATING RATE INCOME	358,201	$3,847	0.2%	$10.90	—	COM	67072T108
—	MORGAN STANLEY TRUSTS	220,698	$3,798	0.2%	$17.21	—	INCOME SECS INC	61745P874
—	AVENUE INCOME CR STRATEGIES	267,192	$3,797	0.2%	$16.95	—	COM	05358E106
IWM	ISHARES TR	30,000	$3,746	0.2%	$115.43	—	RUSSELL 2000 ETF	464287655
—	MARKET VECTORS ETF TR	209,517	$3,721	0.2%	$24.64	—	GOLD MINER ETF	57060U100
—	FULL CIRCLE CAP CORP	1,039,183	$3,710	0.2%	$3.57	—	COM	359671104
—	ADVENT CLAYMORE ENH GRW & IN	391,499	$3,551	0.2%	$9.61	—	COM	00765E104
—	CLEARBRIDGE ENERGY MLP OPP F	187,254	$3,505	0.2%	$18.72	—	COM	18469P100
—	NUVEEN SELECT QUALITY MUN FD	260,407	$3,443	0.2%	$13.26	—	COM	670973106
—	GLOBAL HIGH INCOME FUND INC	403,342	$3,424	0.2%	$9.75	—	COM	37933G108
—	NUVEEN DIVID ADV MUN FD 3	255,186	$3,409	0.2%	$13.68	—	COM SH BEN INT	67070X101
—	FEDERATED ENHANC TREAS INCM	257,709	$3,404	0.2%	$13.11	—	COM SH BEN INT	314162108
—	MFS INTERMEDIATE HIGH INC FD	1,239,914	$3,298	0.2%	$2.70	—	SH BEN INT	59318T109
—	NUVEEN MTG OPPTY TERM FD 2	145,788	$3,219	0.2%	$23.56	—	COM	67074R100
—	CBRE CLARION GLOBAL REAL EST	402,724	$3,206	0.2%	$8.04	—	COM	12504G100
—	BLACKROCK FLOAT RATE OME STR	236,126	$3,192	0.2%	$13.68	—	COM	09255X100
—	ABERDEEN EMERGING MKTS SMALL	247,487	$3,165	0.2%	$15.41	—	COM	00301T102
—	CENTRAL EUR RUSS & TURK FD I	148,802	$3,105	0.2%	$29.82	—	COM	153436100
—	PUTNAM MUN OPPORTUNITIES TR	267,201	$3,102	0.2%	$10.87	—	SH BEN INT	746922103
—	NUVEEN PFD INCOME OPPRTNY FD	327,017	$2,995	0.2%	$9.26	—	COM	67073B106
XPHDX	PIONEER FLOATING RATE TR	262,871	$2,991	0.2%	$11.44	—	COM	72369J102
—	GOLDMAN SACHS MLP INC OPP FD	196,891	$2,947	0.2%	$17.44	—	COM SHS	38147W103
—	INVESCO SR INCOME TR	631,648	$2,817	0.2%	$4.60	—	COM	46131H107
—	EATON VANCE FLTG RATE INCOM	172,349	$2,665	0.2%	$17.61	—	COM SHS BEN INT	278284104
—	WESTERN ASSET VAR RT STRG FD	152,135	$2,510	0.2%	$16.50	—	COM	957667108
—	BLACKROCK BUILD AMER BD TR	125,645	$2,497	0.2%	$19.87	—	SHS	09248X100
—	NUVEEN SHT DUR CR OPP FD	150,533	$2,481	0.2%	$16.67	—	COM	67074X107
—	VOYA PRIME RATE TR	468,508	$2,460	0.2%	$5.31	—	SH BEN INT	92913A100
—	BLACKROCK ENHANCED EQT DIV T	294,760	$2,352	0.1%	$7.72	—	COM	09251A104
SAR	SARATOGA INVT CORP	134,704	$2,313	0.1%	$15.57	+8.7%	COM NEW	80349A208
—	PIMCO DYNAMIC INCOME FD	78,304	$2,287	0.1%	$29.21	—	SHS	72201Y101
—	NUVEEN PREMIER MUN INCOME FD	176,812	$2,281	0.1%	$12.62	—	COM	670988104
—	NUVEEN QUALITY PFD INC FD 3	265,245	$2,162	0.1%	$8.34	—	COM	67072W101
—	BLACKSTONE GSO FLTING RTE FU	124,246	$2,133	0.1%	$17.31	—	COM	09256U105
—	DREYFUS MUN BD INFRSTRCTR FD	181,802	$2,114	0.1%	$11.34	—	SHS	26203D101
—	MFS INTERMARKET INCOME TRUST	245,689	$2,071	0.1%	$8.35	—	SH BEN INT	59318R103
—	COHEN & STEERS REIT & PFD IN	112,490	$1,967	0.1%	$16.94	—	COM	19247X100
—	LMP CORPORATE LN FD INC	177,236	$1,957	0.1%	$11.05	—	COM	50208B100
—	SPECIAL OPPORTUNITIES FD INC	127,719	$1,953	0.1%	$16.19	—	COM	84741T104
—	VOYA EMERGING MKTS HIGH DIVI	188,376	$1,856	0.1%	$9.98	—	COM	92912P108
—	INVESCO QUALITY MUNI INC TRS	153,363	$1,813	0.1%	$11.12	—	COM	46133G107
—	BLACKROCK LTD DURATION INC T	117,167	$1,775	0.1%	$15.52	—	COM SHS	09249W101
—	KAYNE ANDERSON MDSTM ENERGY	58,628	$1,732	0.1%	$33.98	—	COM	48661E108
—	CENTRAL SECS CORP	80,395	$1,715	0.1%	$21.72	—	COM	155123102
—	ARES MULTI STRATEGY CR FD IN	90,978	$1,711	0.1%	$19.92	—	COM	04014Q108
—	DEUTSCHE GLOBAL HIGH INCOME	205,534	$1,673	0.1%	$8.38	—	COM	25158V108
—	OHA INVT CORP	290,419	$1,652	0.1%	$5.27	—	COM	67091U102
—	DEUTSCHE MULTI-MKT INCOME TR	191,060	$1,549	0.1%	$8.11	—	SHS	25160E102
—	MONTGOMERY STR INCOME SECS I	93,437	$1,531	0.1%	$16.32	—	COM	614115103
—	TORTOISE MLP FD INC	71,515	$1,519	0.1%	$21.24	—	COM	89148B101
—	FIRST TR ABERDEEN GLBL OPP F	134,475	$1,468	0.1%	$10.92	—	COM SHS	337319107
—	EATON VANCE MUN INCOME 2028	85,641	$1,451	0.1%	$16.91	—	SHS	27829U105
—	NUVEEN MUN OPPORTUNITY FD IN	103,302	$1,406	0.1%	$13.37	—	COM	670984103
—	NUVEEN QUALITY PFD INCOME FD	135,843	$1,151	0.1%	$8.47	—	COM	67072C105
—	NUVEEN DIVERSIFIED COMMODTY	90,881	$1,082	0.1%	$14.41	—	COM UT BEN INT	67074P104
—	MADISON STRTG SECTOR PREM FD	89,015	$1,041	0.1%	$12.29	—	COM	558268108
—	UBS AG LONDON BRH	49,600	$1,004	0.1%	$20.24	—	ETRACS MTH 2XLV	90270L842
IWD	ISHARES TR	9,073	$936	0.1%	$95.89	—	RUS 1000 VAL ETF	464287598
—	NUVEEN PERFORMANCE PLUS MUN	63,234	$887	0.1%	$13.94	—	COM	67062P108
—	CREDIT SUISSE ASSET MGMT INC	276,139	$884	0.1%	$3.21	—	COM	224916106
—	PIMCO INCOME STRATEGY FUND I	84,160	$827	0.1%	$10.51	—	COM	72201J104
—	BROOKFIELD HIGH INCOME FD IN	96,614	$787	0.0%	$9.37	—	COM	11272P102
—	NUVEEN DIV ADVANTAGE MUN FD	56,957	$764	0.0%	$14.07	—	COM	67070F100
—	ROYCE GLOBAL VALUE TR INC	85,923	$714	0.0%	$8.80	—	COM	78081T104
—	INVESCO BD FD	37,788	$657	0.0%	$18.40	—	COM	46132L107
—	WELLS FARGO ADVANTAGE INCOME	79,142	$655	0.0%	$8.68	—	COM SHS	94987B105
—	WESTERN ASSET HIGH INCM FD I	82,989	$626	0.0%	$7.54	—	COM	95766J102
—	NUVEEN QUALITY INCOME MUN FD	39,145	$522	0.0%	$12.25	—	COM	670977107
—	CALAMOS CONV OPP AND INC FD	38,601	$471	0.0%	$12.20	—	SH BEN INT	128117108
—	BLACKROCK FLOATING RATE INCO	29,090	$378	0.0%	$12.99	—	COM	091941104
—	EATON VANCE MUN BD FD	31,021	$378	0.0%	$11.89	—	COM	27827X101
—	NUVEEN QUALITY MUN FD INC	12,909	$163	0.0%	$13.17	—	COM	67062N103
—	PIMCO INCOME STRATEGY FUND	10,400	$113	0.0%	$10.87	—	COM	72201H108
—	KCAP FINL INC	18,544	$111	0.0%	$5.99	—	COM	48668E101