Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EWJ	ISHARES INC	2,437,326	$126M	7.8%	$49.06	—	MSCI JPN ETF NEW	46434G822
AGG	ISHARES TR	991,900	$108M	6.7%	$111.89	—	CORE US AGGBD ET	464287226
—	ALPINE TOTAL DYNAMIC DIVID F	8,733,559	$72.14M	4.5%	$8.09	—	COM SH BEN INT N	021060207
EWA	ISHARES	2,884,257	$65.21M	4.1%	$23.72	—	MSCI AUST ETF	464286103
IEF	ISHARES TR	612,340	$64.66M	4.0%	$109.92	—	7-10YR TR BD ETF	464287440
—	BLACKROCK RES & COMM STRAT T	6,065,479	$52.16M	3.3%	$10.25	—	SHS	09257A108
EWG	ISHARES	1,769,776	$50.88M	3.2%	$28.33	—	MSCI GERMANY ETF	464286806
—	BLACKROCK GLOBAL OPP EQTY TR	4,069,637	$50.46M	3.1%	$13.69	—	COM	092501105
EZU	ISHARES	1,307,030	$49.14M	3.1%	$37.86	—	MSCI EURZONE ETF	464286608
MBB	ISHARES TR	439,025	$46.78M	2.9%	$106.54	—	MBS ETF	464288588
—	JAPAN SMALLER CAPTLZTN FD IN	4,282,461	$46.42M	2.9%	$9.04	—	COM	47109U104
—	SWISS HELVETIA FD INC	3,853,281	$44.7M	2.8%	$12.18	—	COM	870875101
—	WESTERN ASSET CLYM INFL OPP	2,972,489	$33.2M	2.1%	$11.69	—	COM	95766R104
XFDEX	FIRST TR DYNAMIC EUROPE EQT	1,835,321	$31.68M	2.0%	$16.50	—	COM SHS	33740D107
—	BLACKROCK INTL GRWTH & INC T	3,982,346	$23.06M	1.4%	$6.66	—	COM BENE INTER	092524107
XJEQX	ABERDEEN JAPAN EQUITY FD INC	2,620,297	$20.86M	1.3%	$7.11	—	COM	00306J109
—	VOYA EMERGING MKTS HIGH DIVI	2,397,821	$20.72M	1.3%	$8.90	—	COM	92912P108
—	WESTERN ASSET CLYM INFL SEC	1,732,471	$19.94M	1.2%	$11.57	—	COM SH BEN INT	95766Q106
—	MORGAN STANLEY ASIA PAC FD I	1,248,343	$19.16M	1.2%	$15.66	—	COM	61744U106
—	KOREA FD	505,828	$18.64M	1.2%	$34.48	—	COM NEW	500634209
—	TEMPLETON EMERGING MKTS FD I	1,306,760	$18.32M	1.1%	$14.79	—	COM	880191101
—	CBRE CLARION GLOBAL REAL EST	2,399,285	$17.92M	1.1%	$8.11	—	COM	12504G100
—	NEW GERMANY FD INC	1,140,790	$16.85M	1.1%	$17.38	—	COM	644465106
EWL	ISHARES	510,551	$16.33M	1.0%	$30.50	—	MSCI SZ CAP ETF	464286749
—	ABERDEEN ASIA PACIFIC INCOM	3,209,610	$16.02M	1.0%	$5.41	—	COM	003009107
—	LIBERTY ALL STAR EQUITY FD	2,785,622	$15.21M	0.9%	$5.36	—	SH BEN INT	530158104
EWQ	ISHARES	573,212	$15.2M	0.9%	$24.91	—	MSCI FRANCE ETF	464286707
—	MFS MULTIMARKET INCOME TR	2,479,188	$15.17M	0.9%	$6.11	—	SH BEN INT	552737108
—	ADAMS DIVERSIFIED EQUITY FD	1,092,974	$15.03M	0.9%	$12.76	—	COM	006212104
—	ABERDEEN SINGAPORE FD INC	1,362,258	$14.58M	0.9%	$11.02	—	COM	003244100
—	ALPINE GLOBAL PREMIER PPTYS	2,526,396	$14.45M	0.9%	$5.84	—	COM SBI	02083A103
—	MACQUARIE GLBL INFRA TOTL RE	619,458	$14.15M	0.9%	$19.62	—	COM	55608D101
—	EATON VANCE LTD DUR INCOME F	1,014,628	$14.03M	0.9%	$13.30	—	COM	27828H105
—	MORGAN STANLEY TRUSTS	729,591	$13.04M	0.8%	$17.21	—	INCOME SECS INC	61745P874
—	CLOUGH GLOBAL OPPORTUNITIES	1,261,070	$12.98M	0.8%	$11.22	—	SH BEN INT	18914E106
SPY	SPDR S&P 500 ETF TR	53,900	$12.71M	0.8%	$235.73	—	TR UNIT	78462F103
—	TEMPLETON DRAGON FD INC	666,319	$12.52M	0.8%	$25.08	—	COM	88018T101
—	WESTERN ASSET GLOBAL CP DEFI	702,744	$12.24M	0.8%	$17.99	—	COM	95790C107
—	EUROPEAN EQUITY FUND	1,464,209	$12.18M	0.8%	$7.36	—	COM	298768102
—	LAZARD GLB TTL RET&INCM FD I	766,276	$11.5M	0.7%	$16.22	—	COM	52106W103
—	TRI CONTL CORP	495,398	$11.45M	0.7%	$18.41	—	COM	895436103
—	MFS CHARTER INCOME TR	1,328,922	$11.44M	0.7%	$8.41	—	SH BEN INT	552727109
—	BLACKROCK INCOME TR INC	1,756,516	$10.87M	0.7%	$6.53	—	COM	09247F100
—	MFS INTER INCOME TR	2,470,621	$10.65M	0.7%	$4.49	—	SH BEN INT	55273C107
—	EATON VANCE MUN BD FD	826,069	$10.37M	0.6%	$12.63	—	COM	27827X101
—	MORGAN STANLEY EMER MKTS FD	678,242	$10M	0.6%	$14.33	—	COM	61744G107
—	DUFF & PHELPS UTIL CORP BD T	1,053,200	$9.7M	0.6%	$9.54	—	COM	26432K108
—	GENERAL AMERN INVS INC	288,350	$9.663M	0.6%	$32.24	—	COM	368802104
—	ABERDEEN LATIN AMER EQTY FD	408,010	$9.596M	0.6%	$29.27	—	COM	00306K106
—	MORGAN STANLEY CHINA A SH FD	495,594	$9.525M	0.6%	$30.27	—	COM	617468103
—	BLACKROCK ENHANCED EQT DIV T	1,105,561	$9.453M	0.6%	$8.15	—	COM	09251A104
—	BLACKROCK ENH CAP & INC FD I	628,778	$9.004M	0.6%	$14.19	—	COM	09256A109
XEGFX	BLACKROCK ENHANCED GOVT FD I	627,455	$8.295M	0.5%	$14.08	—	COM	09255K108
—	ABERDEEN AUSTRALIA EQTY FD I	1,320,420	$8.002M	0.5%	$5.50	—	COM	003011103
—	FIRST TRUST MORTGAGE INCM FD	565,467	$7.967M	0.5%	$15.50	—	COM SHS	33734E103
—	ABERDEEN ISRAEL FUND INC	439,916	$7.712M	0.5%	$14.93	—	COM	00301L109
—	NUVEEN AMT FREE QLTY MUN INC	566,758	$7.572M	0.5%	$14.60	—	COM	670657105
—	HANCOCK JOHN INCOME SECS TR	530,083	$7.495M	0.5%	$13.98	—	COM	410123103
XXCHNXX	CHINA FD INC	450,220	$7.481M	0.5%	$19.28	—	COM	169373107
—	CENTRAL EUR RUSS & TURK FD I	330,226	$6.912M	0.4%	$27.84	—	COM	153436100
—	LEGG MASON BW GLB INC OPP FD	527,324	$6.739M	0.4%	$17.17	—	COM	52469B100
—	THAI FD INC	755,337	$6.473M	0.4%	$20.53	—	COM	882904105
—	WESTERN ASSET EMRG MKT DEBT	416,380	$6.454M	0.4%	$14.71	—	COM	95766A101
—	BLACKROCK CORE BD TR	473,008	$6.315M	0.4%	$13.20	—	SHS BEN INT	09249E101
—	TAIWAN FD INC	339,340	$6.19M	0.4%	$16.02	—	COM	874036106
—	NUVEEN QUALITY MUNCP INCOME	446,224	$6.109M	0.4%	$15.07	—	COM	67066V101
—	CENTRAL SECS CORP	245,801	$5.891M	0.4%	$21.69	—	COM	155123102
—	KOREA EQUITY FD INC	666,027	$5.848M	0.4%	$7.84	—	COM	50063B104
—	NUVEEN MULTI MKT INCOME FD	790,697	$5.843M	0.4%	$7.38	—	COM	67075J107
—	NEW IRELAND FUND INC	458,149	$5.8M	0.4%	$11.77	—	COM	645673104
—	WELLS FARGO GLOBAL DIVIDEND	960,607	$5.591M	0.3%	$5.95	—	COM	94987C103
—	JPMORGAN CHINA REGION FD INC	302,132	$5.538M	0.3%	$16.31	—	COM	48126T104
—	ABERDEEN INDONESIA FD INC	747,041	$5.379M	0.3%	$10.85	—	COM	00305P106
XFEOX	FIRST TR/ABERDEEN EMERG OPT	344,060	$5.25M	0.3%	$15.77	—	COM	33731K102
—	FRANKLIN LTD DURATION INC TR	423,661	$5.071M	0.3%	$11.37	—	COM	35472T101
—	ROYCE VALUE TR INC	329,717	$4.616M	0.3%	$13.48	—	COM	780910105
—	NUVEEN GLOBAL HIGH INCOME FD	278,687	$4.59M	0.3%	$17.14	—	SHS	67075G103
—	ASIA PAC FD INC	367,181	$4.491M	0.3%	$10.21	—	COM	044901106
—	TEMPLETON GLOBAL INCOME FD	671,891	$4.468M	0.3%	$6.41	—	COM	880198106
—	SPROTT FOCUS TR INC	521,279	$3.873M	0.2%	$6.69	—	COM	85208J109
—	ABERDEEN EMERGING MKTS SMALL	281,750	$3.674M	0.2%	$11.95	—	COM	00301T102
—	MEXICO EQUITY & INCOME FD	329,826	$3.581M	0.2%	$14.47	—	COM	592834105
—	ABERDEEN CHILE FD INC	430,538	$3.005M	0.2%	$6.41	—	COM	00301W105
—	LMP CAP & INCOME FD INC	209,877	$2.987M	0.2%	$12.86	—	COM	50208A102
—	HANCOCK JOHN INVS TR	167,307	$2.851M	0.2%	$16.62	—	COM	410142103
—	DEUTSCHE MULTI-MKT INCOME TR	322,282	$2.804M	0.2%	$8.52	—	SHS	25160E102
—	NEUBERGER BERMAN RE ES SEC F	517,471	$2.753M	0.2%	$4.54	—	COM	64190A103
—	NUVEEN DOW 30 DYN OVERWRITE	158,408	$2.479M	0.2%	$14.61	—	SHS	67075F105
—	ABERDEEN GTR CHINA FD INC	233,828	$2.448M	0.2%	$9.71	—	COM	003031101
—	MORGAN STANLEY EMER MKTS DEB	258,382	$2.413M	0.2%	$9.60	—	COM	61744H105
—	ROYCE GLOBAL VALUE TR INC	257,676	$2.265M	0.1%	$7.32	—	COM	78081T104
—	ASIA TIGERS FD INC	182,496	$2.079M	0.1%	$10.22	—	COM	04516T105
—	LATIN AMERN DISCOVERY FD INC	185,253	$1.953M	0.1%	$12.99	—	COM	51828C106
—	VOYA ASIA PAC DIVID EQUITY I	184,378	$1.87M	0.1%	$9.14	—	COM	92912J102
—	ALPINE GLOBAL DYNAMIC DIVD F	179,476	$1.752M	0.1%	$9.95	—	COM NEW	02082E205
—	ADAM NAT RES FD INC	87,761	$1.704M	0.1%	$21.64	—	COM	00548F105
—	GABELLI GLOBL UTIL & INCOME	90,675	$1.684M	0.1%	$18.54	—	COM SH BEN INT	36242L105
—	DELAWARE ENHANCED GBL DIV &	144,501	$1.588M	0.1%	$10.77	—	COM	246060107
—	COHEN & STEERS INFRASTRUCTUR	68,795	$1.483M	0.1%	$20.22	—	COM	19248A109
—	ROYCE MICRO-CAP TR INC	155,601	$1.305M	0.1%	$7.84	—	COM	780915104
—	LIBERTY ALL-STAR GROWTH FD I	272,099	$1.235M	0.1%	$4.67	—	COM	529900102
—	VIRTUS TOTAL RETURN FD	107,630	$1.197M	0.1%	$11.12	—	COM	92829A103
—	ALLIANZGI EQUITY & CONV INCO	54,378	$1.049M	0.1%	$19.91	—	COM	018829101
XMUIX	BLACKROCK MUNI INTER DR FD I	73,300	$1.015M	0.1%	$13.79	—	COM	09253X102
—	DUFF & PHELPS GLB UTL INC FD	58,267	$947K	0.1%	$17.84	—	COM	26433C105
—	GDL FUND	63,409	$624K	0.0%	$10.86	—	COM SH BEN IT	361570104
—	WESTERN ASSET PREMIER BD FD	41,100	$549K	0.0%	$12.95	—	SHS BEN INT	957664105
—	ADVENT CLAY CONV SEC INC FD	84,121	$514K	0.0%	$6.14	—	COM	007639107
—	VOYA GLBL EQTY DIV & PREM OP	58,564	$430K	0.0%	$7.34	—	COM	92912T100
EWU	ISHARES TR	12,745	$415K	0.0%	$30.66	—	MSCI UK ETF NEW	46435G334
—	NUVEEN SELECT TAX FREE INCM	27,200	$365K	0.0%	$13.40	—	SH BEN INT	67063C106
—	VIRTUS GLOBAL DIVID INCOME F	29,242	$343K	0.0%	$12.04	—	COM	92835W107
—	GABELLI GLB SML & MD CP VAL	29,677	$338K	0.0%	$10.27	—	COM	36249W104
—	DEUTSCHE STRATEGIC INCOME TR	23,820	$291K	0.0%	$11.88	—	SHS	25160F109
—	MFS GOVT MKTS INCOME TR	4,349	$22,000	0.0%	$5.06	—	SH BEN INT	552939100
—	NUVEEN SELECT TAX FREE INCM	900	$13,000	0.0%	$14.44	—	SH BEN INT	67063X100