Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ISHARES	10,286,732	$121M	8.4%	$11.41	—	MSCI JAPAN ETF	464286848
VGK	VANGUARD INTL EQUITY INDEX F	1,392,900	$76.92M	5.4%	$58.55	—	FTSE EUROPE ETF	922042874
EWA	ISHARES	3,036,546	$72.69M	5.1%	$23.88	—	MSCI AUST ETF	464286103
—	ALLIANCEBERNSTEIN INCOME FUN	8,542,471	$64.07M	4.5%	$7.36	—	COM	01881E101
—	SWISS HELVETIA FD INC	3,336,395	$45.14M	3.1%	$12.36	—	COM	870875101
—	ISHARES TR	2,274,277	$44.08M	3.1%	$19.38	—	MSCI UTD KNGDM	46434V548
—	WESTERN ASSET CLYM INFL OPP	3,792,054	$43.95M	3.1%	$11.71	—	COM	95766R104
—	ALPINE TOTAL DYNAMIC DIVID F	4,075,085	$34.68M	2.4%	$8.40	—	COM SH BEN INT N	021060207
—	BLACKROCK RES & COMM STRAT T	2,790,160	$31.33M	2.2%	$11.58	—	SHS	09257A108
—	BLACKROCK GLOBAL OPP EQTY TR	2,199,114	$31.03M	2.2%	$14.60	—	COM	092501105
—	JAPAN SMALLER CAPTLZTN FD IN	2,948,694	$28.57M	2.0%	$8.74	—	COM	47109U104
EWQ	ISHARES	1,040,412	$27.62M	1.9%	$24.47	—	MSCI FRANCE ETF	464286707
—	PUTNAM PREMIER INCOME TR	4,910,333	$26.91M	1.9%	$5.42	—	SH BEN INT	746853100
—	MONTGOMERY STR INCOME SECS I	1,571,121	$25.64M	1.8%	$15.89	—	COM	614115103
—	NEW GERMANY FD INC	1,533,232	$25.61M	1.8%	$17.60	—	COM	644465106
EWG	ISHARES	873,400	$24.19M	1.7%	$30.74	—	MSCI GERMANY ETF	464286806
—	MORGAN STANLEY ASIA PAC FD I	1,435,830	$23.43M	1.6%	$15.68	—	COM	61744U106
—	BLACKROCK CR ALLCTN INC TR	1,549,159	$20.62M	1.4%	$13.08	—	COM	092508100
—	KOREA FD	495,138	$20.55M	1.4%	$34.55	—	COM NEW	500634209
—	BLACKROCK INCOME TR INC	3,195,348	$20.29M	1.4%	$6.57	—	COM	09247F100
—	COHEN & STEERS INFRASTRUCTUR	875,723	$20.27M	1.4%	$20.69	—	COM	19248A109
—	WESTERN ASSET CLYM INFL SEC	1,734,893	$20.02M	1.4%	$11.72	—	COM SH BEN INT	95766Q106
—	TRANSAMERICA INCOME SHS INC	926,487	$18.89M	1.3%	$20.76	—	COM	893506105
EFA	ISHARES TR	287,800	$18.45M	1.3%	$67.17	—	MSCI EAFE ETF	464287465
—	LAZARD GLB TTL RET&INCM FD I	993,225	$17.25M	1.2%	$16.34	—	COM	52106W103
—	BLACKROCK INCOME OPP TRUST I	1,656,996	$17.17M	1.2%	$10.11	—	COM	092475102
—	BLACKROCK INTL GRWTH & INC T	2,202,342	$16.58M	1.2%	$7.69	—	COM BENE INTER	092524107
—	MORGAN STANLEY TRUSTS	927,548	$16.56M	1.2%	$17.18	—	INCOME SECS INC	61745P874
—	TEMPLETON DRAGON FD INC	635,796	$16.39M	1.1%	$25.10	—	COM	88018T101
XJEQX	ABERDEEN JAPAN EQUITY FD INC	2,233,848	$15.88M	1.1%	$7.11	—	COM	00306J109
—	WESTERN ASSET GLOBAL CP DEFI	813,488	$14.8M	1.0%	$18.18	—	COM	95790C107
XEGFX	BLACKROCK ENHANCED GOVT FD I	1,044,782	$14.67M	1.0%	$14.13	—	COM	09255K108
—	TRI CONTL CORP	694,114	$14.49M	1.0%	$17.94	—	COM	895436103
—	BLACKROCK REAL ASSET EQUITY	1,620,423	$13.72M	1.0%	$8.88	—	COM	09254B109
—	WESTERN ASSET INCOME FD	979,745	$13.12M	0.9%	$13.23	—	COM	95766T100
—	PUTNAM MASTER INTER INCOME T	2,471,237	$12.43M	0.9%	$5.02	—	SH BEN INT	746909100
—	ADAMS EXPRESS CO	824,800	$11.5M	0.8%	$12.11	—	COM	006212104
—	FORT DEARBORN INCOME SECS IN	775,939	$11.23M	0.8%	$14.27	—	COM	347200107
—	CUTWATER SELECT INCOME FD	535,426	$10.57M	0.7%	$18.67	—	COM	232229104
—	CLOUGH GLOBAL EQUITY FD	734,345	$10.52M	0.7%	$14.97	—	COM	18914C100
—	FIRST TRUST MORTGAGE INCM FD	685,568	$10.38M	0.7%	$15.64	—	COM SHS	33734E103
—	ABERDEEN ASIA PACIFIC INCOM	1,695,208	$10M	0.7%	$6.06	—	COM	003009107
—	GENERAL AMERN INVS INC	267,822	$9.925M	0.7%	$32.13	—	COM	368802104
—	EUROPEAN EQUITY FUND	1,202,278	$9.871M	0.7%	$7.16	—	COM	298768102
—	LIBERTY ALL STAR EQUITY FD	1,641,431	$9.57M	0.7%	$5.33	—	SH BEN INT	530158104
—	ABERDEEN LATIN AMER EQTY FD	345,933	$9.458M	0.7%	$31.32	—	COM	00306K106
—	THAI FD INC	754,935	$9.278M	0.6%	$20.81	—	COM	882904105
—	LEGG MASON BW GLB INC OPP FD	546,314	$9.244M	0.6%	$17.47	—	COM	52469B100
—	ABERDEEN SINGAPORE FD INC	733,656	$9.119M	0.6%	$12.77	—	COM	003244100
—	CLOUGH GLOBAL OPPORTUNITIES	748,377	$8.928M	0.6%	$12.85	—	SH BEN INT	18914E106
—	MORGAN STANLEY EMER MKTS FD	547,608	$8.471M	0.6%	$14.40	—	COM	61744G107
—	CENTRAL EUR RUSS & TURK FD I	290,871	$7.222M	0.5%	$29.85	—	COM	153436100
—	ABERDEEN ISRAEL FUND INC	394,743	$6.861M	0.5%	$14.65	—	COM	00301L109
—	ABERDEEN INDONESIA FD INC	690,238	$6.571M	0.5%	$11.29	—	COM	00305P106
—	INVESCO BD FD	350,420	$6.511M	0.5%	$18.19	—	COM	46132L107
—	NUVEEN BUILD AMER BD OPPTNY	300,922	$6.38M	0.4%	$19.98	—	COM	67074Q102
—	MFS INTERMARKET INCOME TRUST	761,185	$6.356M	0.4%	$8.19	—	SH BEN INT	59318R103
—	BLACKROCK ENHANCED EQT DIV T	755,414	$6.194M	0.4%	$7.83	—	COM	09251A104
—	MFS MULTIMARKET INCOME TR	945,764	$6.072M	0.4%	$6.57	—	SH BEN INT	552737108
—	BLACKROCK ECOSOLUTIONS INVT	738,072	$5.645M	0.4%	$8.05	—	COM SH	092546100
—	BLACKROCK UTIL & INFRASTRCTU	280,308	$5.609M	0.4%	$18.04	—	COM	09248D104
—	MFS CHARTER INCOME TR	618,975	$5.484M	0.4%	$9.06	—	SH BEN INT	552727109
—	PETROLEUM & RES CORP	188,011	$5.415M	0.4%	$25.87	—	COM	716549100
—	NUVEEN DIVER CURRENCY OPPOR	480,509	$5.122M	0.4%	$10.55	—	COM	67090N109
—	TEMPLETON EMERGING MKTS FD I	287,622	$5.102M	0.4%	$17.63	—	COM	880191101
—	TAIWAN FD INC	268,974	$5.078M	0.4%	$16.25	—	COM	874036106
—	MEXICO EQUITY & INCOME FD	284,079	$4.679M	0.3%	$15.39	—	COM	592834105
—	NEW IRELAND FUND INC	366,904	$4.649M	0.3%	$11.32	—	COM	645673104
—	BROOKFIELD GLOBL LISTED INFR	193,983	$4.52M	0.3%	$21.92	—	COM SHS	11273Q109
—	ZWEIG FD	297,699	$4.519M	0.3%	$13.74	—	COM NEW	989834205
—	NUVEEN GBL INCOME OPPORTUN F	355,792	$4.398M	0.3%	$12.34	—	COM	67073C104
—	CBRE CLARION GLOBAL REAL EST	502,724	$4.213M	0.3%	$8.35	—	COM	12504G100
—	EATON VANCE MUN BD FD	317,068	$3.97M	0.3%	$12.52	—	COM	27827X101
XXCHNXX	CHINA FD INC	185,891	$3.87M	0.3%	$20.53	—	COM	169373107
—	KOREA EQUITY FD INC	460,229	$3.806M	0.3%	$7.85	—	COM	50063B104
—	VIRTUS GLOBAL MULTI-SEC INC	216,056	$3.688M	0.3%	$17.42	—	COM	92829B101
—	ALLIANZGI EQUITY & CONV INCO	180,800	$3.592M	0.2%	$19.88	—	COM	018829101
—	EATON VANCE RISK MNGD DIV EQ	306,961	$3.588M	0.2%	$10.96	—	COM	27829G106
—	NEUBERGER BERMAN RE ES SEC F	730,898	$3.523M	0.2%	$4.54	—	COM	64190A103
—	BLACKROCK MUNICIPL INC QLTY	249,283	$3.45M	0.2%	$13.84	—	COM	092479104
—	NUVEEN SELECT QUALITY MUN FD	239,477	$3.274M	0.2%	$13.67	—	COM	670973106
—	MFS GOVT MKTS INCOME TR	539,234	$3.074M	0.2%	$5.71	—	SH BEN INT	552939100
—	CENTRAL SECS CORP	127,132	$2.921M	0.2%	$21.11	—	COM	155123102
—	ASIA PAC FD INC	245,223	$2.766M	0.2%	$10.13	—	COM	044901106
EWC	ISHARES	86,800	$2.664M	0.2%	$26.23	—	MSCI CDA ETF	464286509
—	ELLSWORTH FUND LTD	307,637	$2.661M	0.2%	$7.77	—	COM	289074106
—	MORGAN STANLEY EASTN EUR FD	168,302	$2.641M	0.2%	$17.03	—	COM	616988101
—	JPMORGAN CHINA REGION FD INC	171,494	$2.608M	0.2%	$15.04	—	COM	48126T104
—	MACQUARIE GLBL INFRA TOTL RE	103,468	$2.56M	0.2%	$20.43	—	COM	55608D101
—	GABELLI DIVD & INCOME TR	114,839	$2.446M	0.2%	$19.31	—	COM	36242H104
—	LATIN AMERN DISCOVERY FD INC	185,571	$2.435M	0.2%	$13.47	—	COM	51828C106
—	BANCROFT FUND LTD	113,522	$2.243M	0.2%	$17.39	—	COM	059695106
XFEOX	FIRST TR/ABERDEEN EMERG OPT	125,363	$2.23M	0.2%	$18.07	—	COM	33731K102
—	NUVEEN GLOBAL EQUITY INCOME	154,396	$2.063M	0.1%	$13.39	—	COM	6706EH103
—	INDIA FD INC	75,289	$2.043M	0.1%	$19.17	—	COM	454089103
—	MORGAN STANLEY EMER MKTS DEB	205,220	$1.991M	0.1%	$9.90	—	COM	61744H105
—	WELLS FARGO ADVANTAGE MULTI	141,425	$1.974M	0.1%	$14.10	—	COM SHS	94987D101
—	NUVEEN MULTI MKT INCOME FD I	258,791	$1.954M	0.1%	$7.55	—	COM	67075J107
—	NUVEEN MUN ADVANTAGE FD INC	136,632	$1.843M	0.1%	$13.49	—	COM	67062H106
—	CLOUGH GLOBAL ALLOCATION FD	128,660	$1.841M	0.1%	$14.95	—	COM	18913Y103
—	DUFF & PHELPS GLB UTL INC FD	83,405	$1.774M	0.1%	$21.03	—	COM	26433C105
—	ROYCE VALUE TR INC	117,896	$1.709M	0.1%	$15.16	—	COM	780910105
—	GDL FUND	157,752	$1.664M	0.1%	$11.21	—	COM SH BEN IT	361570104
—	ZWEIG TOTAL RETURN FD INC	119,995	$1.662M	0.1%	$12.86	—	COM NEW	989837208
—	WESTERN ASSET EMRG MKT INCM	135,164	$1.626M	0.1%	$12.47	—	COM	95766E103
—	DEUTSCHE GLOBAL HIGH INCOME	189,929	$1.538M	0.1%	$8.10	—	COM	25158V108
—	ABERDEEN GTR CHINA FD INC	139,244	$1.444M	0.1%	$10.16	—	COM	003031101
—	NUVEEN MUN MKT OPPORTUNITY F	107,300	$1.423M	0.1%	$13.26	—	COM	67062W103
—	TEMPLETON RUS AND EAST EUR F	111,364	$1.403M	0.1%	$13.53	—	COM	88022F105
—	MADISON STRTG SECTOR PREM FD	87,707	$1.087M	0.1%	$11.86	—	COM	558268108
—	HANCOCK JOHN INCOME SECS TR	73,953	$1.043M	0.1%	$14.10	—	COM	410123103
—	TORTOISE ENERGY INDEPENDENC	41,820	$1.034M	0.1%	$26.09	—	COM	89148K101
—	ASIA TIGERS FD INC	78,253	$928K	0.1%	$11.47	—	COM	04516T105
—	ALPINE GLOBAL DYNAMIC DIVD F	82,032	$811K	0.1%	$10.19	—	COM NEW	02082E205
—	ROYCE FOCUS TR	96,911	$763K	0.1%	$7.45	—	COM	78080N108
—	WESTERN ASSET INVT GRADE DEF	37,335	$757K	0.1%	$21.27	—	COM	95790A101
—	DUFF & PHELPS UTIL CORP BD T	70,205	$687K	0.0%	$10.17	—	COM	26432K108
—	BLACKROCK BUILD AMER BD TR	30,749	$646K	0.0%	$20.44	—	SHS	09248X100
—	NUVEEN BUILD AMER BD FD	30,500	$622K	0.0%	$20.43	—	COM	67074C103
—	VOYA EMERGING MKTS HIGH DIVI	49,367	$583K	0.0%	$12.76	—	COM	92912P108
—	GUGGENHEIM EQ WEIGHT ENHANC	28,615	$565K	0.0%	$18.88	—	COM SH BEN INT	40167M106
—	EATON VANCE TAX MNGD GBL DV	51,502	$517K	0.0%	$9.29	—	COM	27829F108
—	WELLS FARGO ADV GLB DIV OPP	59,606	$478K	0.0%	$7.87	—	COM	94987C103
XMUIX	BLACKROCK MUNI INTER DR FD I	25,000	$362K	0.0%	$14.48	—	COM	09253X102
—	GABELLI GLOBL UTIL & INCOME	11,000	$211K	0.0%	$19.97	—	COM SH BEN INT	36242L105
—	GABELLI GLB SML & MD CP VAL	14,820	$152K	0.0%	$10.73	—	COM	36249W104