Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	BOULDER GROWTH & INCOME FD I	1,410,100	$11.82M	6.3%	$8.38	$7.74	—	COM	101507101
—	RMR REAL ESTATE INCOME FUND	376,600	$8.191M	4.4%	$21.75	$19.28	—	COM	76970B101
—	ALPINE GLOBAL PREMIER PPTYS	1,338,691	$7.43M	4.0%	$5.55	$5.77	—	COM SBI	02083A103
—	BLACKROCK RES & COMM STRAT T	748,476	$6.1M	3.3%	$8.15	$7.19	—	SHS	09257A108
—	CENTRAL SECS CORP	282,300	$5.996M	3.2%	$21.24	$19.17	—	COM	155123102
—	GDL FUND	588,800	$5.859M	3.1%	$9.95	$9.98	—	COM SH BEN IT	361570104
—	LIBERTY ALL STAR EQUITY FD	1,130,000	$5.853M	3.1%	$5.18	$5.13	—	SH BEN INT	530158104
—	CLOUGH GLOBAL OPPORTUNITIES	593,745	$5.742M	3.1%	$9.67	$9.73	—	SH BEN INT	18914E106
—	GENERAL AMERN INVS INC	175,700	$5.737M	3.1%	$32.65	$31.31	—	COM	368802104
—	ADAMS DIVERSIFIED EQUITY FD	436,200	$5.736M	3.1%	$13.15	$12.71	—	COM	006212104
—	DELAWARE ENHANCED GBL DIV &	530,236	$5.366M	2.9%	$10.12	$9.43	—	COM	246060107
—	ALPINE TOTAL DYNAMIC DIVID F	698,250	$5.328M	2.8%	$7.63	$7.56	—	CON SH BEN INT N	021060207
—	ROYCE VALUE TR INC	411,711	$5.212M	2.8%	$12.66	$11.71	—	COM	780910105
—	COHEN & STEERS MLP INC & ENR	482,820	$5.19M	2.8%	$10.75	$10.35	—	COM SHS	19249B106
—	CLOUGH GLOBAL EQUITY FD	403,300	$4.59M	2.5%	$11.38	$10.78	—	COM	18914C100
—	CLOUGH GLOBAL ALLOCATION FD	377,900	$4.584M	2.5%	$12.13	$12.03	—	COM	18913Y103
—	ROYCE GLOBAL VALUE TR INC	515,500	$4.188M	2.2%	$8.12	$7.45	—	COM	78081T104
—	DIVIDEND & INCOME FUND	328,200	$3.679M	2.0%	$11.21	$10.99	—	COM NEW	25538A204
XXCHNXX	CHINA FD INC	223,435	$3.673M	2.0%	$16.44	$16.44	—	COM	169373107
—	DIVERSIFIED REAL ASSET INC F	200,100	$3.45M	1.8%	$17.24	$16.20	—	COM SHS	25533B108
—	CENTRAL EUR RUSS & TURK FD I	155,099	$2.978M	1.6%	$19.20	$19.14	—	COM	153436100
—	MACQUARIE GLBL INFRA TOTL RE	136,500	$2.976M	1.6%	$21.80	$19.13	—	COM	55608D101
—	LEGG MASON BW GLB INC OPP FD	205,764	$2.794M	1.5%	$13.58	$11.61	—	COM	52469B100
—	ABERDEEN GTR CHINA FD INC	293,804	$2.671M	1.4%	$9.09	$8.69	—	COM	003031101
XJEQX	ABERDEEN JAPAN EQUITY FD INC	311,443	$2.56M	1.4%	$8.22	$8.22	—	COM	00306J109
—	TEMPLETON DRAGON FD INC	141,000	$2.486M	1.3%	$17.63	$17.59	—	COM	88018T101
—	ABERDEEN CHILE FD INC	386,700	$2.425M	1.3%	$6.27	$6.26	—	COM	00301W105
—	DEUTSCHE HIGH INCOME OPPORT	168,000	$2.377M	1.3%	$14.15	$13.06	—	COM	25158Y102
—	ABERDEEN SINGAPORE FD INC	229,300	$2.149M	1.1%	$9.37	$9.04	—	COM	003244100
—	EAGLE GRWTH & INCOME OPPTY F	116,654	$1.956M	1.0%	$16.77	$15.27	—	COM SHS BEN IN	26958J105
—	BROOKFIELD GLOBL LISTED INFR	140,642	$1.93M	1.0%	$13.72	$11.79	—	COM SHS	11273Q109
—	SPROTT FOCUS TR INC	279,212	$1.927M	1.0%	$6.90	$5.84	—	COM	85208J109
—	JAPAN SMALLER CAPTLZTN FD IN	182,176	$1.922M	1.0%	$10.55	$10.55	—	COM	47109U104
USB	US BANCORP DEL	43,896	$1.883M	1.0%	$42.90 *	$29.59	+2.9%	COM NEW	902973304
—	ARES DYNAMIC CR ALLOCATION F	120,112	$1.784M	1.0%	$14.85	$14.57	—	COM	04014F102
—	MORGAN STANLEY EMER MKTS DEB	182,024	$1.757M	0.9%	$9.65	$8.57	—	COM	61744H105
—	LAZARD WORLD DIVID & INCOME	171,200	$1.729M	0.9%	$10.10	$9.07	—	COM	521076109
—	TRI CONTL CORP	80,010	$1.711M	0.9%	$21.38	$20.33	—	COM	895436103
—	ASIA PAC FD INC	158,203	$1.672M	0.9%	$10.57	$10.57	—	COM	044901106
—	ABERDEEN INDONESIA FD INC	246,300	$1.631M	0.9%	$6.62	$6.41	—	COM	00305P106
—	THAI FD INC	196,866	$1.61M	0.9%	$8.18	$8.04	—	COM	882904105
—	LMP CAP & INCOME FD INC	116,032	$1.582M	0.8%	$13.63	$12.58	—	COM	50208A102
—	CUSHING RENAISSANCE FD	83,559	$1.381M	0.7%	$16.53	$14.27	—	COM	231647108
—	TAIWAN FD INC	73,000	$1.264M	0.7%	$17.32	$16.94	—	COM	874036106
—	GABELLI GLB SML & MD CP VAL	116,420	$1.259M	0.7%	$10.81	$10.43	—	COM	36249W104
—	MORGAN STANLEY INDIA INVS FD	41,299	$1.174M	0.6%	$28.43	$28.43	—	COM	61745C105
—	COHEN & STEERS INFRASTRUCTUR	53,600	$1.155M	0.6%	$21.55	$19.81	—	COM	19248A109
—	ALPINE GLOBAL DYNAMIC DIVD F	129,482	$1.126M	0.6%	$8.70	$8.74	—	COM NEW	02082E205
INTC	INTEL CORP	29,336	$1.107M	0.6%	$37.74 *	$26.63	+14.9%	COM	458140100
XFDEX	FIRST TR DYNAMIC EUROPE EQT	62,400	$981K	0.5%	$15.72	$16.23	—	COM SHS	33740D107
MSFT	MICROSOFT CORP	15,615	$899K	0.5%	$57.57 *	$45.93	+12.1%	COM	594918104
AAPL	APPLE INC	7,263	$821K	0.4%	$113.04 *	$25.69	+0.9%	COM	037833100
—	MORGAN STANLEY CHINA A SH FD	41,600	$778K	0.4%	$18.70	$17.46	—	COM	617468103
—	GABELLI GLOBL UTIL & INCOME	41,040	$751K	0.4%	$18.30	$16.62	—	COM SH BEN INT	36242L105
—	ABERDEEN ISRAEL FUND INC	40,686	$672K	0.4%	$16.52	$16.87	—	COM	00301L109
—	GENERAL ELECTRIC CO	19,412	$575K	0.3%	$29.62	$31.14	—	COM	369604103
—	ROYCE MICRO-CAP TR INC	72,554	$567K	0.3%	$7.81	$7.56	—	COM	780915104
—	CUSHING MLP TOTAL RETURN FD	42,113	$551K	0.3%	$13.08	$13.08	—	COM NEW	231631201
—	SALIENT MIDSTREAM & MLP FD	40,268	$511K	0.3%	$12.69	$12.69	—	SH BEN INT	79471V105
—	ADAM NAT RES FD INC	24,700	$492K	0.3%	$19.92	$17.98	—	COM	00548F105
—	CLEARBRIDGE AMERN ENERG MLP	54,361	$487K	0.3%	$8.96	$8.96	—	COM	184691103
—	MORGAN STANLEY ASIA PAC FD I	29,600	$447K	0.2%	$15.10	$15.10	—	COM	61744U106
GD	GENERAL DYNAMICS CORP	2,754	$427K	0.2%	$155.05 *	$114.56	+10.5%	COM	369550108
NOC	NORTHROP GRUMMAN CORP	1,992	$426K	0.2%	$213.86 *	$158.40	+16.4%	COM	666807102
AMZN	AMAZON COM INC	470	$394K	0.2%	$838.30 *	$31.52	+32.8%	COM	023135106
LMT	LOCKHEED MARTIN CORP	1,586	$380K	0.2%	$239.60 *	$167.51	+11.9%	COM	539830109
CVX	CHEVRON CORP NEW	3,668	$378K	0.2%	$103.05 *	$58.43	+18.8%	COM	166764100
MMM	3M CO	2,080	$367K	0.2%	$176.44 *	$92.11	+17.4%	COM	88579Y101
—	KOREA FD	10,083	$363K	0.2%	$36.00	$36.00	—	COM NEW	500634209
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,483	$359K	0.2%	$144.58	$134.17	+7.7%	CL B NEW	084670702
—	WELLS FARGO GLOBAL DIVIDEND	59,701	$347K	0.2%	$5.81	$5.85	—	COM	94987C103
—	ORBCOMM INC	32,935	$338K	0.2%	$10.26	$10.26	—	COM	68555P100
F	FORD MTR CO DEL	28,000	$338K	0.2%	$12.07 *	$8.25	-10.6%	COM PAR $0.01	345370860
WVE	WAVE LIFE SCIENCES LTD	10,296	$334K	0.2%	$32.44	$23.63	+37.4%	SHS	Y95308105
MO	ALTRIA GROUP INC	5,038	$319K	0.2%	$63.32 *	$30.00	+11.1%	COM	02209S103
EPD	ENTERPRISE PRODS PARTNERS L	11,507	$318K	0.2%	$27.64	$25.56	—	COM	293792107
WMT	WAL-MART STORES INC	4,320	$312K	0.2%	$72.22 *	$16.63	+23.1%	COM	931142103
WY	WEYERHAEUSER CO	9,640	$308K	0.2%	$31.95 *	$18.15	+22.9%	COM	962166104
—	INDIA FD INC	12,400	$308K	0.2%	$24.84	$24.84	—	COM	454089103
—	ABERDEEN EMERGING MKTS SMALL	23,594	$298K	0.2%	$12.63	$12.63	—	COM	00301T102
IVV	ISHARES TR	1,368	$298K	0.2%	$217.84	$207.88	+4.7%	CORE S&P500 ETF	464287200
BP	BP PLC	8,000	$281K	0.2%	$35.13	$33.81	+4.0%	SPONSORED ADR	055622104
—	REYNOLDS AMERICAN INC	5,574	$263K	0.1%	$47.18	$47.47	—	COM	761713106
—	MAGELLAN MIDSTREAM PRTNRS LP	3,584	$254K	0.1%	$70.87	$67.92	—	COM UNIT RP LP	559080106
JNJ	JOHNSON & JOHNSON	2,091	$247K	0.1%	$118.13 *	$75.93	+20.4%	COM	478160104
PM	PHILIP MORRIS INTL INC	2,200	$214K	0.1%	$97.27 *	$55.87	+9.2%	COM	718172109
—	MAXIM INTEGRATED PRODS INC	5,233	$209K	0.1%	$39.94	$39.94	—	COM	57772K101
—	MEXICO EQUITY & INCOME FD	19,433	$201K	0.1%	$10.34	$10.34	—	COM	592834105
—	NUVEEN DIVID ADVANTAGE MUN I	12,367	$199K	0.1%	$16.09	$16.28	—	COM	67071L106
—	MORGAN STANLEY EMER MKTS FD	13,600	$198K	0.1%	$14.56	$14.56	—	COM	61744G107
—	NUVEEN DIVID ADV MUN FD 3	12,500	$197K	0.1%	$15.76	$15.92	—	COM SH BEN INT	67070X101
—	LAZARD GLB TTL RET&INCM FD I	13,100	$183K	0.1%	$13.97	$12.61	—	COM	52106W103
—	NUVEEN DIVID ADVANTAGE MUN F	10,525	$159K	0.1%	$15.11	$15.11	—	COM	67066V101
—	CBRE CLARION GLOBAL REAL EST	17,775	$149K	0.1%	$8.38	$8.16	—	COM	12504G100
—	LIBERTY ALL-STAR GROWTH FD I	26,768	$115K	0.1%	$4.30	$4.30	—	COM	529900102
—	SWISS HELVETIA FD INC	10,500	$112K	0.1%	$10.67	$10.67	—	COM	870875101
—	ACHILLION PHARMACEUTICALS IN	11,930	$97,000	0.1%	$8.13	$8.13	—	COM	00448Q201
UUUU	ENERGY FUELS INC	27,711	$44,000	0.0%	$1.59	$2.53	-37.1%	COM NEW	292671708