Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EWJ	ISHARES INC	3,329,678	$200M	11.1%	$50.66	—	MSCI JPN ETF NEW	46434G822
AGG	ISHARES TR	997,650	$109M	6.1%	$111.83	—	CORE US AGGBD ET	464287226
EWA	ISHARES INC	4,109,802	$95.22M	5.3%	$23.21	—	MSCI AUST ETF	464286103
IEF	ISHARES TR	806,775	$85.17M	4.7%	$109.03	—	BARCLAYS 7 10 YR	464287440
EWG	ISHARES INC	2,471,876	$81.62M	4.5%	$29.31	—	MSCI GERMANY ETF	464286806
—	ALPINE TOTAL DYNAMIC DIVID F	8,320,959	$78.8M	4.4%	$8.09	—	COM SH BEN INT N	021060207
EZU	ISHARES INC	1,621,030	$70.32M	3.9%	$38.93	—	MSCI EURZONE ETF	464286608
—	BLACKROCK RES & COMM STRAT T	5,712,779	$55.81M	3.1%	$10.25	—	SHS	09257A108
EWQ	ISHARES INC	1,733,974	$54.13M	3.0%	$28.07	—	MSCI FRANCE ETF	464286707
MBB	ISHARES TR	488,525	$52.07M	2.9%	$106.57	—	MBS ETF	464288588
—	JAPAN SMALLER CAPTLZTN FD IN	4,252,761	$50.23M	2.8%	$9.04	—	COM	47109U104
—	BLACKROCK ENHANCED GBL DIV T	3,535,325	$44.23M	2.5%	$13.69	—	COM	092501105
—	SWISS HELVETIA FD INC	2,812,496	$35.89M	2.0%	$12.18	—	COM	870875101
—	WESTERN ASSET CLYM INFL OPP	2,816,809	$32.17M	1.8%	$11.68	—	COM	95766R104
VGK	VANGUARD INTL EQUITY INDEX F	536,208	$31.72M	1.8%	$58.66	—	FTSE EUROPE ETF	922042874
—	BLACKROCK ENHANCED INTL DIV	3,871,706	$25.24M	1.4%	$6.66	—	COM BENE INTER	092524107
XJEQX	ABERDEEN JAPAN EQUITY FD INC	2,543,640	$22.94M	1.3%	$7.11	—	COM	00306J109
—	MORGAN STANLEY ASIA PAC FD I	1,201,359	$22.11M	1.2%	$15.66	—	COM	61744U106
—	TEMPLETON EMERGING MKTS FD I	1,321,633	$21.69M	1.2%	$14.79	—	COM	880191101
—	NEW GERMANY FD INC	1,114,150	$21.66M	1.2%	$17.38	—	COM	644465106
—	MORGAN STANLEY CHINA A SH FD	857,387	$20.05M	1.1%	$27.34	—	COM	617468103
—	LIBERTY ALL STAR EQUITY FD	3,101,133	$19.54M	1.1%	$5.40	—	SH BEN INT	530158104
—	WESTERN ASSET CLYM INFL SEC	1,654,174	$19.5M	1.1%	$11.57	—	COM SH BEN INT	95766Q106
—	ADAMS DIVERSIFIED EQUITY FD	1,292,541	$19.43M	1.1%	$12.99	—	COM	006212104
—	KOREA FD	442,064	$18.24M	1.0%	$34.65	—	COM NEW	500634209
—	CBRE CLARION GLOBAL REAL EST	2,296,057	$18.18M	1.0%	$8.11	—	COM	12504G100
EWL	ISHARES INC	500,351	$17.8M	1.0%	$30.50	—	MSCI SWITZERLAND	464286749
—	ABERDEEN SINGAPORE FD INC	1,407,849	$17.48M	1.0%	$11.04	—	COM	003244100
—	VOYA EMERGING MKTS HIGH DIVI	1,838,643	$16.36M	0.9%	$8.90	—	COM	92912P108
—	ALPINE GLOBAL PREMIER PPTYS	2,219,096	$14.96M	0.8%	$5.84	—	COM SBI	02083A103
SPY	SPDR S&P 500 ETF TR	53,000	$14.14M	0.8%	$246.14	—	TR UNIT	78462F103
—	TEMPLETON DRAGON FD INC	651,179	$14.01M	0.8%	$25.08	—	COM	88018T101
XFDEX	FIRST TR DYNAMIC EUROPE EQT	743,667	$14M	0.8%	$16.50	—	COM SHS	33740D107
—	EUROPEAN EQUITY FUND	1,416,472	$13.98M	0.8%	$7.36	—	COM	298768102
—	MACQUARIE GLBL INFRA TOTL RE	539,441	$13.91M	0.8%	$19.62	—	COM	55608D101
—	EATON VANCE LTD DUR INCOME F	947,218	$12.93M	0.7%	$13.32	—	COM	27828H105
—	LAZARD GLB TTL RET&INCM FD I	715,348	$12.88M	0.7%	$16.22	—	COM	52106W103
—	GENERAL AMERN INVS INC	367,988	$12.66M	0.7%	$32.99	—	COM	368802104
—	MORGAN STANLEY EMER MKTS FD	652,766	$11.68M	0.7%	$14.33	—	COM	61744G107
—	MORGAN STANLEY TRUSTS	632,220	$11.6M	0.6%	$17.21	—	INCOME SECS INC	61745P874
—	ABERDEEN LATIN AMER EQTY FD	403,808	$10.79M	0.6%	$29.27	—	COM	00306K106
—	MFS INTER INCOME TR	2,518,821	$10.45M	0.6%	$4.46	—	SH BEN INT	55273C107
—	BLACKROCK INCOME TR INC	1,593,956	$9.835M	0.5%	$6.52	—	COM	09247F100
—	EATON VANCE MUN BD FD	781,763	$9.78M	0.5%	$12.62	—	COM	27827X101
—	MFS CHARTER INCOME TR	1,136,801	$9.64M	0.5%	$8.41	—	SH BEN INT	552727109
XXCHNXX	CHINA FD INC	439,376	$9.512M	0.5%	$19.28	—	COM	169373107
—	BLACKROCK ENH CAP & INC FD I	559,500	$9.165M	0.5%	$14.20	—	COM	09256A109
—	DUFF & PHELPS UTIL CORP BD T	1,024,570	$9.067M	0.5%	$9.52	—	COM	26432K108
—	ABERDEEN ISRAEL FUND INC	430,016	$8.226M	0.5%	$14.93	—	COM	00301L109
—	THAI FD INC	749,437	$8.064M	0.4%	$20.53	—	COM	882904105
—	THE CENTRAL AND EASTERN EU I	317,619	$7.747M	0.4%	$27.84	—	COM	153436100
XEGFX	BLACKROCK ENHANCED GOVT FD I	567,172	$7.6M	0.4%	$14.07	—	COM	09255K108
—	FIRST TRUST MORTGAGE INCM FD	529,706	$7.575M	0.4%	$15.48	—	COM SHS	33734E103
—	MFS MULTIMARKET INCOME TR	1,216,172	$7.382M	0.4%	$6.11	—	SH BEN INT	552737108
—	NUVEEN AMT FREE QLTY MUN INC	535,758	$7.367M	0.4%	$14.59	—	COM	670657105
—	TAIWAN FD INC	333,740	$6.965M	0.4%	$16.02	—	COM	874036106
—	TRI CONTL CORP	257,061	$6.925M	0.4%	$18.41	—	COM	895436103
—	ABERDEEN AUSTRALIA EQTY FD I	1,068,266	$6.805M	0.4%	$5.50	—	COM	003011103
—	SPROTT FOCUS TR INC	835,831	$6.62M	0.4%	$7.00	—	COM	85208J109
—	HANCOCK JOHN INCOME SECS TR	443,900	$6.592M	0.4%	$13.98	—	COM	410123103
—	LEGG MASON BW GLB INC OPP FD	514,839	$6.574M	0.4%	$16.97	—	COM	52469B100
—	WESTERN ASSET EMRG MKT DEBT	407,780	$6.341M	0.4%	$14.75	—	COM	95766A101
—	CENTRAL SECS CORP	230,601	$6.318M	0.4%	$21.69	—	COM	155123102
—	NUVEEN QUALITY MUNCP INCOME	422,424	$5.939M	0.3%	$15.05	—	COM	67066V101
—	NUVEEN MULTI MKT INCOME FD	719,989	$5.486M	0.3%	$7.38	—	COM	67075J107
—	ASIA PAC FD INC	367,581	$5.299M	0.3%	$10.28	—	COM	044901106
—	BLACKROCK ENHANCED EQT DIV T	567,161	$5.235M	0.3%	$8.15	—	COM	09251A104
—	CLOUGH GLOBAL OPPORTUNITIES	421,681	$4.588M	0.3%	$11.22	—	SH BEN INT	18914E106
—	WELLS FARGO GLOBAL DIVIDEND	752,408	$4.462M	0.2%	$5.95	—	COM	94987C103
—	WESTERN ASSET GLOBAL CP DEFI	230,519	$4.149M	0.2%	$17.99	—	COM	95790C107
—	TEMPLETON GLOBAL INCOME FD	629,609	$4.067M	0.2%	$6.41	—	COM	880198106
—	ABERDEEN EMERGING MKTS SMALL	278,850	$4.054M	0.2%	$11.95	—	COM	00301T102
—	ABERDEEN CHILE FD INC	441,622	$3.944M	0.2%	$6.49	—	COM	00301W105
XFEOX	FIRST TR/ABERDEEN EMERG OPT	213,701	$3.488M	0.2%	$15.77	—	COM	33731K102
—	MEXICO EQUITY & INCOME FD	324,883	$3.333M	0.2%	$14.47	—	COM	592834105
—	ASIA TIGERS FD INC	248,123	$3.069M	0.2%	$10.82	—	COM	04516T105
—	WESTERN ASSET PREMIER BD FD	209,072	$2.887M	0.2%	$13.66	—	SHS BEN INT	957664105
—	MEXICO FD INC	173,320	$2.73M	0.2%	$16.67	—	COM	592835102
—	DEUTSCHE MULTI-MKT INCOME TR	307,982	$2.726M	0.2%	$8.52	—	SHS	25160E102
—	ROYCE GLOBAL VALUE TR INC	233,776	$2.528M	0.1%	$7.32	—	COM	78081T104
—	EATON VANCE MUNI INCOME TRUS	187,900	$2.33M	0.1%	$12.40	—	SH BEN INT	27826U108
—	ALLIANCEBERNSTEIN NATL MUNI	172,200	$2.307M	0.1%	$13.40	—	COM	01864U106
—	ABERDEEN INDONESIA FD INC	282,963	$2.162M	0.1%	$10.85	—	COM	00305P106
—	PRUDENTIAL SHT DURATION HG Y	146,019	$2.157M	0.1%	$14.77	—	COM	74442F107
—	ROYCE VALUE TR INC	129,117	$2.088M	0.1%	$13.48	—	COM	780910105
—	TEMPLETON EMERG MKTS INCOME	186,400	$2.082M	0.1%	$11.48	—	COM	880192109
—	ABERDEEN GTR CHINA FD INC	166,496	$2.075M	0.1%	$9.71	—	COM	003031101
—	LATIN AMERN DISCOVERY FD INC	179,253	$2.059M	0.1%	$12.99	—	COM	51828C106
—	VOYA ASIA PAC DIVID EQUITY I	195,059	$2.044M	0.1%	$9.25	—	COM	92912J102
—	HANCOCK JOHN INVS TR	115,964	$2.029M	0.1%	$17.02	—	COM	410142103
—	MFS GOVT MKTS INCOME TR	366,451	$1.755M	0.1%	$4.90	—	SH BEN INT	552939100
—	ALPINE GLOBAL DYNAMIC DIVD F	161,982	$1.75M	0.1%	$9.95	—	COM NEW	02082E205
—	ADAM NAT RES FD INC	84,061	$1.668M	0.1%	$21.64	—	COM	00548F105
—	GABELLI GLOBL UTIL & INCOME	77,729	$1.656M	0.1%	$18.54	—	COM SH BEN INT	36242L105
EWU	ISHARES TR	45,345	$1.624M	0.1%	$33.31	—	MSCI UK ETF NEW	46435G334
XMUIX	BLACKROCK MUNI INTER DR FD I	112,704	$1.569M	0.1%	$13.84	—	COM	09253X102
—	DELAWARE ENHANCED GBL DIV &	121,701	$1.476M	0.1%	$10.77	—	COM	246060107
XLK	SELECT SECTOR SPDR TR	22,400	$1.432M	0.1%	$63.93	—	TECHNOLOGY	81369Y803
—	ROYCE MICRO-CAP TR INC	146,401	$1.382M	0.1%	$7.84	—	COM	780915104
—	NUVEEN SELECT TAX FREE INCM	56,100	$782K	0.0%	$13.57	—	SH BEN INT	67063C106
—	ABERDEEN ASIA PACIFIC INCOM	157,963	$771K	0.0%	$5.41	—	COM	003009107
XLI	SELECT SECTOR SPDR TR	7,900	$598K	0.0%	$73.55	—	SBI INT-INDS	81369Y704
—	NEW IRELAND FUND INC	45,861	$575K	0.0%	$11.77	—	COM	645673104
—	ADVENT CLAY CONV SEC INC FD	52,400	$314K	0.0%	$6.14	—	COM	007639107
—	DEUTSCHE STRATEGIC INCOME TR	22,820	$284K	0.0%	$11.88	—	SHS	25160F109
—	VOYA GLBL ADV & PREM OPP FD	22,800	$261K	0.0%	$10.88	—	COM	92912R104