Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EWJ	ISHARES INC	3,364,778	$187M	10.7%	$50.66	—	MSCI JPN ETF NEW	46434G822
AGG	ISHARES TR	972,850	$107M	6.1%	$111.89	—	CORE US AGGBD ET	464287226
EWA	ISHARES INC	4,155,502	$93.25M	5.3%	$23.21	—	MSCI AUST ETF	464286103
EWG	ISHARES INC	2,498,376	$81.02M	4.6%	$29.31	—	MSCI GERMANY ETF	464286806
IEF	ISHARES TR	741,650	$79M	4.5%	$109.33	—	BARCLAYS 7 10 YR	464287440
—	ALPINE TOTAL DYNAMIC DIVID F	8,374,759	$75.37M	4.3%	$8.09	—	COM SH BEN INT N	021060207
EZU	ISHARES INC	1,322,430	$57.29M	3.3%	$37.93	—	MSCI EURZONE ETF	464286608
—	JAPAN SMALLER CAPTLZTN FD IN	4,250,161	$53.34M	3.0%	$9.04	—	COM	47109U104
—	BLACKROCK ENHANCED GBL DIV T	3,875,802	$52.56M	3.0%	$13.69	—	COM	092501105
MBB	ISHARES TR	484,125	$51.85M	3.0%	$106.57	—	MBS ETF	464288588
—	BLACKROCK RES & COMM STRAT T	5,803,079	$51.59M	2.9%	$10.25	—	SHS	09257A108
EWQ	ISHARES INC	1,592,374	$49.2M	2.8%	$27.79	—	MSCI FRANCE ETF	464286707
—	SWISS HELVETIA FD INC	2,834,596	$36.19M	2.1%	$12.18	—	COM	870875101
—	WESTERN ASSET CLYM INFL OPP	2,776,889	$31.32M	1.8%	$11.69	—	COM	95766R104
—	BLACKROCK ENHANCED INTL DIV	3,873,806	$25.41M	1.4%	$6.66	—	COM BENE INTER	092524107
XJEQX	ABERDEEN JAPAN EQUITY FD INC	2,600,842	$22.65M	1.3%	$7.11	—	COM	00306J109
—	TEMPLETON EMERGING MKTS FD I	1,312,820	$21.65M	1.2%	$14.79	—	COM	880191101
—	MORGAN STANLEY ASIA PAC FD I	1,220,561	$21.04M	1.2%	$15.66	—	COM	61744U106
—	NEW GERMANY FD INC	1,115,740	$20.72M	1.2%	$17.38	—	COM	644465106
—	LIBERTY ALL STAR EQUITY FD	3,261,756	$19.67M	1.1%	$5.40	—	SH BEN INT	530158104
—	ADAMS DIVERSIFIED EQUITY FD	1,291,474	$19.64M	1.1%	$12.99	—	COM	006212104
—	MORGAN STANLEY CHINA A SH FD	793,542	$18.93M	1.1%	$27.66	—	COM	617468103
XFDEX	FIRST TR DYNAMIC EUROPE EQT	972,347	$18.88M	1.1%	$16.50	—	COM SHS	33740D107
—	WESTERN ASSET CLYM INFL SEC	1,634,574	$18.88M	1.1%	$11.57	—	COM SH BEN INT	95766Q106
VGK	VANGUARD INTL EQUITY INDEX F	323,600	$18.88M	1.1%	$58.33	—	FTSE EUROPE ETF	922042874
—	VOYA EMERGING MKTS HIGH DIVI	1,960,004	$18.6M	1.1%	$8.90	—	COM	92912P108
—	CBRE CLARION GLOBAL REAL EST	2,311,657	$18.26M	1.0%	$8.11	—	COM	12504G100
EWL	ISHARES INC	506,051	$17.73M	1.0%	$30.50	—	MSCI SZ CAP ETF	464286749
—	KOREA FD	430,681	$17.43M	1.0%	$34.48	—	COM NEW	500634209
—	ABERDEEN SINGAPORE FD INC	1,408,949	$16.4M	0.9%	$11.04	—	COM	003244100
—	ALPINE GLOBAL PREMIER PPTYS	2,233,739	$14.81M	0.8%	$5.84	—	COM SBI	02083A103
—	MACQUARIE GLBL INFRA TOTL RE	556,090	$14.61M	0.8%	$19.62	—	COM	55608D101
—	EUROPEAN EQUITY FUND	1,428,350	$13.83M	0.8%	$7.36	—	COM	298768102
—	TEMPLETON DRAGON FD INC	660,519	$13.74M	0.8%	$25.08	—	COM	88018T101
—	CLOUGH GLOBAL OPPORTUNITIES	1,136,800	$12.69M	0.7%	$11.22	—	SH BEN INT	18914E106
—	GENERAL AMERN INVS INC	351,600	$12.66M	0.7%	$32.92	—	COM	368802104
—	EATON VANCE LTD DUR INCOME F	897,774	$12.6M	0.7%	$13.30	—	COM	27828H105
—	LAZARD GLB TTL RET&INCM FD I	728,648	$12.21M	0.7%	$16.22	—	COM	52106W103
—	MORGAN STANLEY TRUSTS	629,105	$11.51M	0.7%	$17.21	—	INCOME SECS INC	61745P874
—	MORGAN STANLEY EMER MKTS FD	657,646	$11.43M	0.7%	$14.33	—	COM	61744G107
—	ABERDEEN LATIN AMER EQTY FD	404,910	$11.08M	0.6%	$29.27	—	COM	00306K106
SPY	SPDR S&P 500 ETF TR	41,600	$10.45M	0.6%	$240.46	—	TR UNIT	78462F103
—	MFS CHARTER INCOME TR	1,160,770	$10.06M	0.6%	$8.41	—	SH BEN INT	552727109
—	BLACKROCK INCOME TR INC	1,575,856	$9.896M	0.6%	$6.53	—	COM	09247F100
—	MFS INTER INCOME TR	2,301,021	$9.848M	0.6%	$4.49	—	SH BEN INT	55273C107
—	EATON VANCE MUN BD FD	768,463	$9.744M	0.6%	$12.63	—	COM	27827X101
—	BLACKROCK ENH CAP & INC FD I	611,800	$9.544M	0.5%	$14.20	—	COM	09256A109
—	DUFF & PHELPS UTIL CORP BD T	995,868	$9.202M	0.5%	$9.54	—	COM	26432K108
XXCHNXX	CHINA FD INC	445,120	$9.058M	0.5%	$19.28	—	COM	169373107
—	ABERDEEN ISRAEL FUND INC	430,016	$8.815M	0.5%	$14.93	—	COM	00301L109
XEGFX	BLACKROCK ENHANCED GOVT FD I	644,704	$8.794M	0.5%	$14.07	—	COM	09255K108
—	TRI CONTL CORP	333,937	$8.532M	0.5%	$18.41	—	COM	895436103
—	MFS MULTIMARKET INCOME TR	1,331,603	$8.309M	0.5%	$6.11	—	SH BEN INT	552737108
—	THE CENTRAL AND EASTERN EU I	323,126	$7.988M	0.5%	$27.84	—	COM	153436100
—	FIRST TRUST MORTGAGE INCM FD	518,668	$7.396M	0.4%	$15.50	—	COM SHS	33734E103
—	HANCOCK JOHN INCOME SECS TR	496,949	$7.37M	0.4%	$13.98	—	COM	410123103
—	THAI FD INC	753,637	$7.34M	0.4%	$20.53	—	COM	882904105
—	NUVEEN AMT FREE QLTY MUN INC	527,558	$7.307M	0.4%	$14.60	—	COM	670657105
—	ABERDEEN AUSTRALIA EQTY FD I	1,174,150	$7.268M	0.4%	$5.50	—	COM	003011103
—	TAIWAN FD INC	338,740	$6.971M	0.4%	$16.02	—	COM	874036106
—	LEGG MASON BW GLB INC OPP FD	490,739	$6.596M	0.4%	$17.17	—	COM	52469B100
—	SPROTT FOCUS TR INC	834,931	$6.454M	0.4%	$7.00	—	COM	85208J109
—	CENTRAL SECS CORP	244,001	$6.307M	0.4%	$21.69	—	COM	155123102
—	WESTERN ASSET EMRG MKT DEBT	387,680	$6.102M	0.3%	$14.71	—	COM	95766A101
—	BLACKROCK ENHANCED EQT DIV T	666,861	$6.048M	0.3%	$8.15	—	COM	09251A104
—	NUVEEN QUALITY MUNCP INCOME	415,424	$5.895M	0.3%	$15.07	—	COM	67066V101
—	WELLS FARGO GLOBAL DIVIDEND	879,677	$5.516M	0.3%	$5.95	—	COM	94987C103
—	NUVEEN MULTI MKT INCOME FD	719,989	$5.466M	0.3%	$7.38	—	COM	67075J107
—	ASIA PAC FD INC	372,181	$5.166M	0.3%	$10.28	—	COM	044901106
—	WESTERN ASSET GLOBAL CP DEFI	252,021	$4.594M	0.3%	$17.99	—	COM	95790C107
—	FRANKLIN LTD DURATION INC TR	369,543	$4.438M	0.3%	$11.37	—	COM	35472T101
—	TEMPLETON GLOBAL INCOME FD	616,391	$4.154M	0.2%	$6.41	—	COM	880198106
XFEOX	FIRST TR/ABERDEEN EMERG OPT	238,543	$3.977M	0.2%	$15.77	—	COM	33731K102
—	ABERDEEN EMERGING MKTS SMALL	281,350	$3.93M	0.2%	$11.95	—	COM	00301T102
—	MEXICO EQUITY & INCOME FD	329,326	$3.817M	0.2%	$14.47	—	COM	592834105
—	ABERDEEN CHILE FD INC	448,622	$3.764M	0.2%	$6.49	—	COM	00301W105
—	ROYCE VALUE TR INC	203,817	$3.218M	0.2%	$13.48	—	COM	780910105
—	DEUTSCHE MULTI-MKT INCOME TR	307,982	$2.76M	0.2%	$8.52	—	SHS	25160E102
—	ROYCE GLOBAL VALUE TR INC	254,976	$2.639M	0.2%	$7.32	—	COM	78081T104
—	NUVEEN DOW 30 DYN OVERWRITE	146,758	$2.489M	0.1%	$14.61	—	SHS	67075F105
—	LATIN AMERN DISCOVERY FD INC	185,453	$2.24M	0.1%	$12.99	—	COM	51828C106
—	ABERDEEN INDONESIA FD INC	287,041	$2.227M	0.1%	$10.85	—	COM	00305P106
—	ASIA TIGERS FD INC	179,063	$2.219M	0.1%	$10.22	—	COM	04516T105
—	VOYA ASIA PAC DIVID EQUITY I	197,159	$2.112M	0.1%	$9.25	—	COM	92912J102
—	NEUBERGER BERMAN RE ES SEC F	371,671	$2.085M	0.1%	$4.54	—	COM	64190A103
—	ABERDEEN ASIA PACIFIC INCOM	390,085	$2.013M	0.1%	$5.41	—	COM	003009107
—	ABERDEEN GTR CHINA FD INC	166,496	$1.953M	0.1%	$9.71	—	COM	003031101
—	NEW IRELAND FUND INC	139,404	$1.913M	0.1%	$11.77	—	COM	645673104
—	MEXICO FD INC	110,951	$1.906M	0.1%	$17.18	—	COM	592835102
—	ALPINE GLOBAL DYNAMIC DIVD F	177,476	$1.883M	0.1%	$9.95	—	COM NEW	02082E205
—	GABELLI GLOBL UTIL & INCOME	84,729	$1.74M	0.1%	$18.54	—	COM SH BEN INT	36242L105
—	ADAM NAT RES FD INC	87,261	$1.715M	0.1%	$21.64	—	COM	00548F105
—	TEMPLETON EMERG MKTS INCOME	143,100	$1.656M	0.1%	$11.57	—	COM	880192109
EWU	ISHARES TR	46,245	$1.612M	0.1%	$33.31	—	MSCI UK ETF NEW	46435G334
—	DELAWARE ENHANCED GBL DIV &	133,101	$1.579M	0.1%	$10.77	—	COM	246060107
—	ROYCE MICRO-CAP TR INC	154,801	$1.452M	0.1%	$7.84	—	COM	780915104
—	HANCOCK JOHN INVS TR	63,427	$1.151M	0.1%	$16.62	—	COM	410142103
XMUIX	BLACKROCK MUNI INTER DR FD I	68,300	$968K	0.1%	$13.79	—	COM	09253X102
—	MFS GOVT MKTS INCOME TR	177,051	$875K	0.0%	$5.01	—	SH BEN INT	552939100
—	NUVEEN SELECT TAX FREE INCM	56,100	$788K	0.0%	$13.57	—	SH BEN INT	67063C106
—	WESTERN ASSET PREMIER BD FD	54,087	$748K	0.0%	$13.23	—	SHS BEN INT	957664105
—	GABELLI GLB SML & MD CP VAL	29,077	$384K	0.0%	$10.27	—	COM	36249W104
—	ADVENT CLAY CONV SEC INC FD	56,700	$354K	0.0%	$6.14	—	COM	007639107
—	DEUTSCHE STRATEGIC INCOME TR	22,820	$284K	0.0%	$11.88	—	SHS	25160F109
XZFGX	VIRTUS TOTAL RETURN FUND INC	20,879	$272K	0.0%	$12.24	—	COM	92837G100
—	VOYA GLBL ADV & PREM OPP FD	22,800	$262K	0.0%	$10.88	—	COM	92912R104
XLI	SELECT SECTOR SPDR TR	3,500	$248K	0.0%	$70.86	—	SBI INT-INDS	81369Y704