RIVERNORTH CAPITAL MANAGEMENT, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	WESTERN ASSET EMRG MKT DEBT	4,242,492	$66,650	5.4%	$15.50	—	COM	95766A101
—	CLOUGH GLOBAL OPPORTUNITIES	4,627,392	$52,012	4.2%	$11.40	—	SH BEN INT	18914E106
—	LIBERTY ALL STAR EQUITY FD	8,046,069	$48,679	4.0%	$5.58	—	SH BEN INT	530158104
—	NUVEEN AMT FREE QLTY MUN INC	3,361,272	$46,520	3.8%	$13.35	—	COM	670657105
—	WESTERN ASSET HIGH INCM OPP	8,131,479	$41,633	3.4%	$5.05	—	COM	95766K109
—	EATON VANCE LTD DUR INCOME F	2,865,202	$40,285	3.3%	$13.67	—	COM	27828H105
—	BLACKROCK CR ALLCTN INC TR	2,886,482	$39,372	3.2%	$12.98	—	COM	092508100
—	BLACKROCK CORPOR HI YLD FD I	3,149,915	$35,531	2.9%	$11.01	—	COM	09255P107
—	NUVEEN CR STRATEGIES INCM FD	3,825,264	$32,400	2.6%	$9.30	—	COM SHS	67073D102
ARCC	ARES CAP CORP	1,675,309	$27,492	2.2%	$7.42	-1.9%	COM	04010L103
—	NUVEEN QUALITY MUNCP INCOME	1,939,024	$27,457	2.2%	$13.94	—	COM	67066V101
—	CLOUGH GLOBAL EQUITY FD	1,975,785	$26,337	2.1%	$13.01	—	COM	18914C100
—	LEGG MASON BW GLB INC OPP FD	1,892,504	$25,435	2.1%	$13.97	—	COM	52469B100
—	PRUDENTIAL GLB SHT DUR HG YL	1,669,969	$24,933	2.0%	$14.72	—	COM	74433A109
—	TEMPLETON GLOBAL INCOME FD	3,599,712	$24,298	2.0%	$7.32	—	COM	880198106
—	INVESCO SR INCOME TR	5,340,739	$23,980	2.0%	$4.19	—	COM	46131H107
—	BROOKFIELD REAL ASSETS INCOM	1,002,538	$23,901	2.0%	$22.44	—	SHS BEN INT	112830104
—	INVESCO DYNAMIC CR OPP FD	1,956,419	$23,379	1.9%	$11.71	—	COM	46132R104
—	WESTERN ASSET GLB HI INCOME	2,269,578	$23,377	1.9%	$10.10	—	COM	95766B109
—	CORNERSTONE STRATEGIC VALUE	1,456,587	$21,630	1.8%	$14.85	—	COM	21924B302
—	WESTERN ASSET CLYM INFL OPP	1,898,004	$21,409	1.7%	$11.33	—	COM	95766R104
—	BLACKROCK DEBT STRAT FD INC	1,742,399	$20,351	1.7%	$11.52	—	COM NEW	09255R202
—	VOYA PRIME RATE TR	3,602,098	$18,731	1.5%	$5.28	—	SH BEN INT	92913A100
—	TEMPLETON EMERG MKTS INCOME	1,594,718	$18,419	1.5%	$11.04	—	COM	880192109
—	ALPINE TOTAL DYNAMIC DIVID F	1,952,206	$17,687	1.4%	$8.60	—	COM SH BEN INT N	021060207
—	ADAMS DIVERSIFIED EQUITY FD	965,586	$14,773	1.2%	$12.03	—	COM	006212104
—	ROYCE VALUE TR INC	855,296	$13,539	1.1%	$13.65	—	COM	780910105
VWO	VANGUARD INTL EQUITY INDEX F	291,859	$12,728	1.0%	$39.20	—	FTSE EMR MKT ETF	922042858
—	MORGAN STANLEY EM MKTS DM DE	1,585,652	$12,685	1.0%	$12.08	—	COM	617477104
—	WESTERN ASSET HGH YLD DFNDFD	814,688	$12,660	1.0%	$16.30	—	COM	95768B107
—	ARES DYNAMIC CR ALLOCATION F	711,948	$11,690	1.0%	$14.79	—	COM	04014F102
—	BLACKSTONE GSO STRATEGIC CR	718,841	$11,545	0.9%	$16.54	—	COM SHS BEN IN	09257R101
NXDT	NEXPOINT CR STRATEGIES FD	476,440	$11,011	0.9%	$18.82	—	COM NEW	65340G205
—	BLACKROCK MULTI-SECTOR INC T	582,363	$10,879	0.9%	$16.95	—	COM	09258A107
—	POWERSHARES ETF TRUST	100,632	$10,836	0.9%	$73.13	—	FTSE RAFI 1000	73935X583
—	NUVEEN MTG OPPORTUNITY TERM	424,124	$10,790	0.9%	$23.57	—	COM	670735109
—	MANAGED DURATION INVT GRD FU	768,818	$10,548	0.9%	$13.50	—	COM	56165R103
—	SPROTT FOCUS TR INC	1,293,758	$10,027	0.8%	$6.78	—	COM	85208J109
—	CENTRAL FD CDA LTD	713,165	$9,321	0.8%	$13.18	—	CL A	153501101
—	TRI CONTL CORP	359,663	$9,229	0.8%	$18.22	—	COM	895436103
—	ALLIANZGI NFJ DIVID INT & PR	644,996	$8,630	0.7%	$12.77	—	COM	01883A107
—	GENERAL AMERN INVS INC	232,746	$8,402	0.7%	$32.17	—	COM	368802104
—	DELAWARE ENHANCED GBL DIV &	707,871	$8,381	0.7%	$10.98	—	COM	246060107
—	WESTERN ASSET CLYM INFL SEC	701,628	$8,069	0.7%	$11.49	—	COM SH BEN INT	95766Q106
—	NUVEEN GLOBAL HIGH INCOME FD	456,712	$7,960	0.6%	$17.01	—	SHS	67075G103
—	ADVENT CLAYMORE CV SECS & IN	490,383	$7,959	0.6%	$13.54	—	COM	00764C109
—	GARRISON CAP INC	910,217	$7,664	0.6%	$9.77	—	COM	366554103
—	NUVEEN MTG OPPTY TERM FD 2	310,077	$7,646	0.6%	$24.12	—	COM	67074R100
—	ROYCE MICRO-CAP TR INC	749,385	$7,059	0.6%	$8.01	—	COM	780915104
—	DEUTSCHE HIGH INCOME OPPORT	453,240	$6,826	0.6%	$14.42	—	COM	25158Y102
—	MFS CHARTER INCOME TR	785,348	$6,825	0.6%	$8.99	—	SH BEN INT	552727109
—	EATON VANCE SR INCOME TR	1,022,508	$6,769	0.6%	$6.39	—	SH BEN INT	27826S103
—	POWERSHARES ETF TR II	307,565	$6,554	0.5%	$19.72	—	EMER MRKT PORT	73936T763
—	MORGAN STANLEY EMER MKTS DEB	644,750	$6,506	0.5%	$9.58	—	COM	61744H105
XZFGX	VIRTUS TOTAL RETURN FUND INC	493,104	$6,400	0.5%	$12.98	—	COM	92837G100
—	NEUBERGER BERMAN HGH YLD FD	521,317	$6,344	0.5%	$12.00	—	COM	64128C106
—	ALLIANZGI EQUITY & CONV INCO	296,535	$6,138	0.5%	$19.13	—	COM	018829101
—	MFS MULTIMARKET INCOME TR	981,244	$6,133	0.5%	$6.40	—	SH BEN INT	552737108
XMUIX	BLACKROCK MUNI INTER DR FD I	431,622	$6,107	0.5%	$13.80	—	COM	09253X102
—	ANDINA ACQUISITION CORP II	597,882	$6,074	0.5%	$10.16	—	SHS	G0441P104
—	INVESCO HIGH INCOME TR II	378,024	$5,724	0.5%	$13.98	—	COM	46131F101
VEA	VANGUARD TAX MANAGED INTL FD	126,277	$5,475	0.4%	$41.26	—	FTSE DEV MKT ETF	921943858
—	DEUTSCHE MULTI-MKT INCOME TR	606,777	$5,419	0.4%	$7.74	—	SHS	25160E102
—	WELLS FARGO INCOME OPPORTUNI	615,405	$5,336	0.4%	$8.46	—	WF INC OPPTY FD	94987B105
—	SPECIAL OPPORTUNITIES FD INC	191,280	$4,895	0.4%	$25.83	—	PFD CONV SE B	84741T302
—	BOULDER GROWTH & INCOME FD I	470,330	$4,830	0.4%	$8.35	—	COM	101507101
—	ALLIANCEBERNSTEIN NATL MUNI	340,090	$4,737	0.4%	$13.22	—	COM	01864U106
—	BLACKROCK ENHANCED GBL DIV T	343,090	$4,639	0.4%	$12.58	—	COM	092501105
—	NUVEEN INT DUR QUAL MUN TRM	336,925	$4,464	0.4%	$12.36	—	COM	670677103
—	PRUDENTIAL SHT DURATION HG Y	286,738	$4,373	0.4%	$15.26	—	COM	74442F107
—	MORGAN STANLEY TRUSTS	230,385	$4,216	0.3%	$17.22	—	INCOME SECS INC	61745P874
—	BLACKROCK LTD DURATION INC T	227,204	$3,669	0.3%	$15.19	—	COM SHS	09249W101
—	PENSARE ACQUISITION CORP	350,000	$3,588	0.3%	$10.25	—	UNIT 07/27/2022	70957E204
—	GREAT ELM CAP CORP	141,656	$3,553	0.3%	$11.67	—	COM	390320109
—	ADVENT CLAY CONV SEC INC FD	564,285	$3,521	0.3%	$6.02	—	COM	007639107
GDX	VANECK VECTORS ETF TR	135,594	$3,125	0.3%	$27.71	—	GOLD MINERS ETF	92189F106
—	ADVENT CLAYMORE ENH GRW & IN	343,920	$2,971	0.2%	$8.89	—	COM	00765E104
—	FIFTH STR ASSET MGMT INC	726,266	$2,832	0.2%	$4.85	—	CL A COM	31679P109
—	OHA INVT CORP	2,209,405	$2,762	0.2%	$3.42	—	COM	67091U102
—	MODERN MEDIA ACQUISITION	230,000	$2,409	0.2%	$10.26	—	UNIT 99/99/9999	60765P202
—	KBL MERGER CORP IV	230,000	$2,330	0.2%	$10.20	—	UNIT 01/15/2024	48242A203
—	HENNESSY CAP ACQUSTON CORP I	225,000	$2,329	0.2%	$10.05	—	UNIT 06/15/2024	42588L204
—	LAZARD WORLD DIVID & INCOME	197,489	$2,240	0.2%	$10.00	—	COM	521076109
NESR	NATIONAL ENERGY SERVICES REU	230,000	$2,210	0.2%	$9.55	—	SHS	G6375R107
—	LAZARD GLB TTL RET&INCM FD I	129,941	$2,187	0.2%	$13.80	—	COM	52106W103
PHUN	STELLAR ACQUISITION III INC	200,000	$2,030	0.2%	$10.18	—	COM	Y8172W107
—	FORUM MERGER CORP	200,000	$1,942	0.2%	$9.71	—	COM CL A	34985B103
—	CLOUGH GLOBAL DIVND AND INC	137,135	$1,908	0.2%	$13.59	—	COM	18913Y103
—	MADISON CVRED CALL & EQ STR	240,492	$1,878	0.2%	$7.92	—	COM	557437100
—	LMP CAP & INCOME FD INC	122,016	$1,763	0.1%	$12.45	—	COM	50208A102
—	OSPREY ENERGY ACQUISITION CO	175,000	$1,741	0.1%	$9.95	—	UNIT 07/21/2022	688397207
—	MADISON STRTG SECTOR PREM FD	138,335	$1,645	0.1%	$11.98	—	COM	558268108
—	ATLANTIC ACQUISITION CORP	150,000	$1,545	0.1%	$10.30	—	UNIT 02/08/2019	048206205
—	I AM CAP ACQUISITION CO	150,000	$1,538	0.1%	$10.25	—	UNIT 08/15/2022	45074Q207
—	INDUSTREA ACQUISITION CORP	150,000	$1,517	0.1%	$10.11	—	UNIT 07/21/2024	45579J203
—	WELLS FARGO MULTI SECTOR INC	110,653	$1,483	0.1%	$13.35	—	COM	94987D101
—	SPECIAL OPPORTUNITIES FD INC	93,949	$1,483	0.1%	$15.33	—	COM	84741T104
HUNTF	HUNTER MARITIME ACQUISITION	150,002	$1,464	0.1%	$9.83	0.0%	CL A	Y37828111
—	MATLIN & PARTNERS ACQUISITIO	150,000	$1,457	0.1%	$9.65	—	CL A	57682V106
CGBD	TCG BDC INC	75,196	$1,410	0.1%	$6.40	+2.6%	COM	872280102
—	BLACKROCK RES & COMM STRAT T	148,302	$1,330	0.1%	$8.42	—	SHS	09257A108
—	CAPITALA FIN CORP	52,440	$1,310	0.1%	$25.30	—	5.75% NT CV 22	14054R403
—	BISON CAP ACQUISITION CORP	125,000	$1,282	0.1%	$10.20	—	UNIT 99/99/9999T	G1142P120
—	FINTECH ACQUISITION CORP II	125,002	$1,225	0.1%	$9.80	—	COM	31810G109
—	DRAPER OAKWOOD TECHNOLOGY	120,000	$1,224	0.1%	$10.20	—	UNIT 09/30/2024	26146L202
—	CONSTELLATION ALPHA CAP CORP	120,000	$1,224	0.1%	$10.14	—	UNIT 99/99/9999	G2379F124
—	BLACKSTONE GSO LNG SHRT CR I	71,849	$1,160	0.1%	$16.67	—	COM SHS BN INT	09257D102
—	ABERDEEN GTR CHINA FD INC	98,208	$1,152	0.1%	$11.73	—	COM	003031101
—	CORNERSTONE TOTAL RTRN FD IN	75,436	$1,110	0.1%	$14.71	—	COM	21924U300
—	ABERDEEN EMERGING MKTS SMALL	75,076	$1,049	0.1%	$14.10	—	COM	00301T102
—	MVC CAPITAL INC	97,270	$974	0.1%	$9.49	—	COM	553829102
—	EATON VANCE SH TM DR DIVR IN	65,567	$934	0.1%	$14.39	—	COM	27828V104
—	FIRST TR ABERDEEN GLBL OPP F	78,435	$922	0.1%	$10.88	—	COM SHS	337319107
—	ABERDEEN LATIN AMER EQTY FD	30,392	$832	0.1%	$23.39	—	COM	00306K106
—	GTY TECHNOLOGY HOLDINGS INC	80,001	$798	0.1%	$10.04	—	CL A	G4182A102
—	FIRST TR STRATEGIC HIGH INC	59,045	$797	0.1%	$13.03	—	COM SHS NEW	337353304
—	ABERDEEN INDONESIA FD INC	97,156	$754	0.1%	$7.55	—	COM	00305P106
—	MFS INVT GRADE MUN TR	72,618	$725	0.1%	$9.67	—	SH BEN INT	59318B108
—	WESTERN ASSET GLOBAL CP DEFI	20,249	$371	0.0%	$17.98	—	COM	95790C107
—	AMERICAN CAP SR FLOATING LTD	16,617	$189	0.0%	$11.37	—	COM	02504D108
—	ROSEHILL RES INC	119,700	$119	0.0%	$1.10	—	*W EXP 09/16/202	777385113
NESRW	NATIONAL ENERGY SERVICES REU	230,000	$104	0.0%	$0.40	—	*W EXP 05/05/202	G6375R115
—	FINTECH ACQUISITION CORP II	62,501	$78	0.0%	$1.20	—	*W EXP 01/19/202	31810G117
—	STELLAR ACQUISITION III INC	200,000	$74	0.0%	$0.34	—	*W EXP 03/22/202	Y8172W115
—	FORUM MERGER CORP	200,000	$54	0.0%	$0.35	—	RIGHT 06/01/2019	34985B129
—	MATLIN & PARTNERS ACQUISITIO	150,000	$53	0.0%	$0.50	—	*W EXP 05/28/202	57682V114
—	HUNTER MARITIME ACQUISITION	75,001	$44	0.0%	$0.80	—	*W EXP 99/99/999	Y37828129
—	GTY TECHNOLOGY HOLDINGS INC	26,667	$31	0.0%	$1.16	—	*W EXP 99/99/999	G4182A128
—	FORUM MERGER CORP	100,000	$31	0.0%	$0.34	—	*W EXP 06/01/202	34985B111