Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EWJ	ISHARES INC	2,807,426	$151M	9.0%	$49.66	—	MSCI JPN ETF NEW	46434G822
AGG	ISHARES TR	983,500	$108M	6.4%	$111.89	—	CORE US AGGBD ET	464287226
EWA	ISHARES	3,498,002	$75.84M	4.5%	$23.36	—	MSCI AUST ETF	464286103
—	ALPINE TOTAL DYNAMIC DIVID F	8,613,359	$74.85M	4.5%	$8.09	—	COM SH BEN INT N	021060207
IEF	ISHARES TR	654,790	$69.81M	4.2%	$109.70	—	7-10YR TR BD ETF	464287440
EWG	ISHARES	2,020,976	$61.17M	3.7%	$28.57	—	MSCI GERMANY ETF	464286806
—	BLACKROCK ENHANCED GBL DIV T	4,074,637	$53.99M	3.2%	$13.69	—	COM	092501105
MBB	ISHARES TR	502,600	$53.66M	3.2%	$106.57	—	MBS ETF	464288588
EZU	ISHARES	1,307,030	$52.71M	3.1%	$37.86	—	MSCI EURZONE ETF	464286608
—	JAPAN SMALLER CAPTLZTN FD IN	4,295,161	$49.31M	2.9%	$9.04	—	COM	47109U104
—	BLACKROCK RES & COMM STRAT T	6,018,573	$48.21M	2.9%	$10.25	—	SHS	09257A108
—	SWISS HELVETIA FD INC	3,237,371	$41.12M	2.5%	$12.18	—	COM	870875101
EWQ	ISHARES	1,281,474	$36.85M	2.2%	$27.04	—	MSCI FRANCE ETF	464286707
—	WESTERN ASSET CLYM INFL OPP	2,897,089	$31.93M	1.9%	$11.69	—	COM	95766R104
—	BLACKROCK ENHANCED INTL DIV	3,973,906	$24.96M	1.5%	$6.66	—	COM BENE INTER	092524107
XFDEX	FIRST TR DYNAMIC EUROPE EQT	1,308,162	$24.61M	1.5%	$16.50	—	COM SHS	33740D107
XJEQX	ABERDEEN JAPAN EQUITY FD INC	2,620,297	$22.27M	1.3%	$7.11	—	COM	00306J109
—	VOYA EMERGING MKTS HIGH DIVI	2,397,821	$21.05M	1.3%	$8.90	—	COM	92912P108
—	MORGAN STANLEY ASIA PAC FD I	1,248,343	$20.76M	1.2%	$15.66	—	COM	61744U106
—	TEMPLETON EMERGING MKTS FD I	1,306,760	$19.48M	1.2%	$14.79	—	COM	880191101
—	WESTERN ASSET CLYM INFL SEC	1,723,474	$19.48M	1.2%	$11.57	—	COM SH BEN INT	95766Q106
—	NEW GERMANY FD INC	1,140,790	$18.97M	1.1%	$17.38	—	COM	644465106
—	LIBERTY ALL STAR EQUITY FD	3,282,756	$18.58M	1.1%	$5.40	—	SH BEN INT	530158104
—	CBRE CLARION GLOBAL REAL EST	2,399,285	$18.52M	1.1%	$8.11	—	COM	12504G100
—	ADAMS DIVERSIFIED EQUITY FD	1,283,174	$18.34M	1.1%	$12.99	—	COM	006212104
EWL	ISHARES	510,551	$17.52M	1.0%	$30.50	—	MSCI SZ CAP ETF	464286749
—	KOREA FD	434,777	$17.41M	1.0%	$34.48	—	COM NEW	500634209
—	ALPINE GLOBAL PREMIER PPTYS	2,526,396	$16.02M	1.0%	$5.84	—	COM SBI	02083A103
—	MACQUARIE GLBL INFRA TOTL RE	619,136	$15.45M	0.9%	$19.62	—	COM	55608D101
—	ABERDEEN SINGAPORE FD INC	1,360,358	$15.06M	0.9%	$11.02	—	COM	003244100
—	MFS MULTIMARKET INCOME TR	2,399,677	$14.88M	0.9%	$6.11	—	SH BEN INT	552737108
—	EATON VANCE LTD DUR INCOME F	983,128	$13.86M	0.8%	$13.30	—	COM	27828H105
—	MORGAN STANLEY CHINA A SH FD	601,946	$13.47M	0.8%	$28.87	—	COM	617468103
—	EUROPEAN EQUITY FUND	1,463,609	$13.42M	0.8%	$7.36	—	COM	298768102
—	TEMPLETON DRAGON FD INC	665,019	$13.41M	0.8%	$25.08	—	COM	88018T101
—	LAZARD GLB TTL RET&INCM FD I	762,543	$12.47M	0.7%	$16.22	—	COM	52106W103
—	CLOUGH GLOBAL OPPORTUNITIES	1,136,800	$12.05M	0.7%	$11.22	—	SH BEN INT	18914E106
—	MORGAN STANLEY TRUSTS	656,305	$11.96M	0.7%	$17.21	—	INCOME SECS INC	61745P874
—	TRI CONTL CORP	475,498	$11.58M	0.7%	$18.41	—	COM	895436103
—	MFS CHARTER INCOME TR	1,277,454	$11.04M	0.7%	$8.41	—	SH BEN INT	552727109
—	MORGAN STANLEY EMER MKTS FD	678,242	$10.95M	0.7%	$14.33	—	COM	61744G107
—	BLACKROCK INCOME TR INC	1,707,470	$10.88M	0.6%	$6.53	—	COM	09247F100
—	MFS INTER INCOME TR	2,399,921	$10.37M	0.6%	$4.49	—	SH BEN INT	55273C107
—	EATON VANCE MUN BD FD	802,363	$10.18M	0.6%	$12.63	—	COM	27827X101
—	GENERAL AMERN INVS INC	288,350	$9.905M	0.6%	$32.24	—	COM	368802104
—	DUFF & PHELPS UTIL CORP BD T	1,037,868	$9.538M	0.6%	$9.54	—	COM	26432K108
—	BLACKROCK ENH CAP & INC FD I	638,278	$9.504M	0.6%	$14.20	—	COM	09256A109
—	ABERDEEN LATIN AMER EQTY FD	408,010	$9.445M	0.6%	$29.27	—	COM	00306K106
—	ABERDEEN ISRAEL FUND INC	438,016	$8.469M	0.5%	$14.93	—	COM	00301L109
XEGFX	BLACKROCK ENHANCED GOVT FD I	631,945	$8.411M	0.5%	$14.08	—	COM	09255K108
—	WESTERN ASSET GLOBAL CP DEFI	471,548	$8.398M	0.5%	$17.99	—	COM	95790C107
XXCHNXX	CHINA FD INC	448,020	$8.369M	0.5%	$19.28	—	COM	169373107
—	BLACKROCK ENHANCED EQT DIV T	930,361	$8.187M	0.5%	$8.15	—	COM	09251A104
—	ABERDEEN AUSTRALIA EQTY FD I	1,296,220	$7.894M	0.5%	$5.50	—	COM	003011103
—	FIRST TRUST MORTGAGE INCM FD	555,867	$7.877M	0.5%	$15.50	—	COM SHS	33734E103
—	HANCOCK JOHN INCOME SECS TR	527,564	$7.729M	0.5%	$13.98	—	COM	410123103
—	NUVEEN AMT FREE QLTY MUN INC	550,458	$7.536M	0.5%	$14.60	—	COM	670657105
—	CENTRAL EUR RUSS & TURK FD I	330,226	$7.232M	0.4%	$27.84	—	COM	153436100
SPY	SPDR S&P 500 ETF TR	28,900	$6.988M	0.4%	$235.73	—	TR UNIT	78462F103
—	LEGG MASON BW GLB INC OPP FD	512,139	$6.776M	0.4%	$17.17	—	COM	52469B100
—	TAIWAN FD INC	339,340	$6.716M	0.4%	$16.02	—	COM	874036106
—	THAI FD INC	755,337	$6.549M	0.4%	$20.53	—	COM	882904105
—	ABERDEEN ASIA PACIFIC INCOM	1,295,183	$6.476M	0.4%	$5.41	—	COM	003009107
—	WESTERN ASSET EMRG MKT DEBT	404,480	$6.298M	0.4%	$14.71	—	COM	95766A101
—	CENTRAL SECS CORP	245,801	$6.128M	0.4%	$21.69	—	COM	155123102
—	NUVEEN QUALITY MUNCP INCOME	433,424	$6.085M	0.4%	$15.07	—	COM	67066V101
—	JPMORGAN CHINA REGION FD INC	302,132	$6.064M	0.4%	$16.31	—	COM	48126T104
—	WELLS FARGO GLOBAL DIVIDEND	939,707	$5.751M	0.3%	$5.95	—	COM	94987C103
—	ABERDEEN INDONESIA FD INC	747,041	$5.682M	0.3%	$10.85	—	COM	00305P106
—	NUVEEN MULTI MKT INCOME FD	750,589	$5.622M	0.3%	$7.38	—	COM	67075J107
—	SPROTT FOCUS TR INC	698,083	$5.145M	0.3%	$6.86	—	COM	85208J109
—	FRANKLIN LTD DURATION INC TR	411,761	$4.871M	0.3%	$11.37	—	COM	35472T101
—	ROYCE VALUE TR INC	329,717	$4.811M	0.3%	$13.48	—	COM	780910105
—	ASIA PAC FD INC	365,081	$4.746M	0.3%	$10.21	—	COM	044901106
—	KOREA EQUITY FD INC	666,027	$4.689M	0.3%	$7.84	—	COM	50063B104
XFEOX	FIRST TR/ABERDEEN EMERG OPT	283,254	$4.549M	0.3%	$15.77	—	COM	33731K102
—	TEMPLETON GLOBAL INCOME FD	642,991	$4.321M	0.3%	$6.41	—	COM	880198106
—	ABERDEEN EMERGING MKTS SMALL	281,750	$3.89M	0.2%	$11.95	—	COM	00301T102
—	MEXICO EQUITY & INCOME FD	329,826	$3.767M	0.2%	$14.47	—	COM	592834105
—	ABERDEEN CHILE FD INC	430,538	$3.048M	0.2%	$6.41	—	COM	00301W105
—	DEUTSCHE MULTI-MKT INCOME TR	320,982	$2.825M	0.2%	$8.52	—	SHS	25160E102
—	NEUBERGER BERMAN RE ES SEC F	517,471	$2.794M	0.2%	$4.54	—	COM	64190A103
—	HANCOCK JOHN INVS TR	162,607	$2.789M	0.2%	$16.62	—	COM	410142103
—	LMP CAP & INCOME FD INC	192,577	$2.738M	0.2%	$12.86	—	COM	50208A102
—	ABERDEEN GTR CHINA FD INC	231,728	$2.658M	0.2%	$9.71	—	COM	003031101
—	NUVEEN DOW 30 DYN OVERWRITE	158,408	$2.617M	0.2%	$14.61	—	SHS	67075F105
—	MORGAN STANLEY EMER MKTS DEB	250,982	$2.482M	0.1%	$9.60	—	COM	61744H105
—	ROYCE GLOBAL VALUE TR INC	257,676	$2.476M	0.1%	$7.32	—	COM	78081T104
—	ASIA TIGERS FD INC	180,596	$2.147M	0.1%	$10.22	—	COM	04516T105
—	NEW IRELAND FUND INC	150,273	$2.078M	0.1%	$11.77	—	COM	645673104
—	BLACKROCK CORE BD TR	141,629	$1.966M	0.1%	$13.20	—	SHS BEN INT	09249E101
—	LATIN AMERN DISCOVERY FD INC	185,853	$1.948M	0.1%	$12.99	—	COM	51828C106
—	VOYA ASIA PAC DIVID EQUITY I	183,078	$1.926M	0.1%	$9.14	—	COM	92912J102
—	LIBERTY ALL-STAR GROWTH FD I	390,399	$1.921M	0.1%	$4.75	—	COM	529900102
—	ALPINE GLOBAL DYNAMIC DIVD F	179,476	$1.836M	0.1%	$9.95	—	COM NEW	02082E205
—	GABELLI GLOBL UTIL & INCOME	87,381	$1.768M	0.1%	$18.54	—	COM SH BEN INT	36242L105
—	ADAM NAT RES FD INC	87,761	$1.641M	0.1%	$21.64	—	COM	00548F105
—	DELAWARE ENHANCED GBL DIV &	134,501	$1.533M	0.1%	$10.77	—	COM	246060107
—	ROYCE MICRO-CAP TR INC	155,601	$1.346M	0.1%	$7.84	—	COM	780915104
XZFGX	VIRTUS TOTAL RETURN FUND INC	107,630	$1.317M	0.1%	$12.24	—	COM	92837G100
XMUIX	BLACKROCK MUNI INTER DR FD I	71,200	$1M	0.1%	$13.79	—	COM	09253X102
—	MFS GOVT MKTS INCOME TR	184,351	$924K	0.1%	$5.01	—	SH BEN INT	552939100
EWU	ISHARES TR	24,745	$825K	0.0%	$31.96	—	MSCI UK ETF NEW	46435G334
—	NUVEEN SELECT TAX FREE INCM	58,400	$801K	0.0%	$13.57	—	SH BEN INT	67063C106
—	WESTERN ASSET PREMIER BD FD	56,287	$787K	0.0%	$13.23	—	SHS BEN INT	957664105
—	DUFF & PHELPS GLB UTL INC FD	33,924	$563K	0.0%	$17.84	—	COM	26433C105
—	ADVENT CLAY CONV SEC INC FD	84,121	$524K	0.0%	$6.14	—	COM	007639107
—	VOYA GLBL EQTY DIV & PREM OP	57,864	$437K	0.0%	$7.34	—	COM	92912T100
—	GABELLI GLB SML & MD CP VAL	29,377	$363K	0.0%	$10.27	—	COM	36249W104
—	DEUTSCHE STRATEGIC INCOME TR	23,820	$295K	0.0%	$11.88	—	SHS	25160F109
—	ALLIANZGI EQUITY & CONV INCO	12,846	$254K	0.0%	$19.91	—	COM	018829101
—	VOYA GLBL ADV & PREM OPP FD	20,700	$224K	0.0%	$10.82	—	COM	92912R104
—	NUVEEN SELECT TAX FREE INCM	5,408	$79,000	0.0%	$14.58	—	SH BEN INT	67063X100