Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EWJ	ISHARES INC	4,506,228	$247M	13.6%	$51.91	—	MSCI JPN ETF NEW	46434G822
IEF	ISHARES TR	1,265,150	$154M	8.5%	$111.84	—	BARCLAYS 7 10 YR	464287440
EZU	ISHARES INC	2,716,491	$99.1M	5.4%	$37.29	—	MSCI EURZONE ETF	464286608
—	ABERDEEN TOTAL DYNAMIC DIVD	8,457,661	$65.12M	3.6%	$8.61	—	COM SH BEN INT	00326L100
MBB	ISHARES TR	408,400	$45.21M	2.5%	$107.63	—	MBS ETF	464288588
—	JAPAN SMALLER CAPITALIZATION	5,730,612	$44.81M	2.5%	$9.11	—	COM	47109U104
GOVT	ISHARES TR	1,547,150	$43.3M	2.4%	$28.00	—	US TREAS BD ETF	46429B267
—	MFS INTER INCOME TR	11,562,255	$42.78M	2.3%	$3.92	—	SH BEN INT	55273C107
—	BLACKROCK ENHANCED INTL DIV	7,683,978	$39.5M	2.2%	$5.88	—	COM BENE INTER	092524107
SPY	SPDR S&P 500 ETF TR	125,830	$38.8M	2.1%	$275.74	—	TR UNIT	78462F103
—	BLACKROCK ENHANCED GLOBAL DI	4,087,537	$38.51M	2.1%	$12.62	—	COM	092501105
EWQ	ISHARES INC	1,359,874	$37.29M	2.0%	$28.09	—	MSCI FRANCE ETF	464286707
—	BLACKROCK RES & COMMODITIES	5,520,850	$33.84M	1.9%	$9.91	—	SHS	09257A108
—	WESTERN AST INFL LKD OPP & I	2,936,753	$32.19M	1.8%	$11.50	—	COM	95766R104
—	ADAMS DIVERSIFIED EQUITY FD	2,137,962	$31.88M	1.7%	$13.87	—	COM	006212104
EWL	ISHARES INC	818,080	$31.87M	1.7%	$32.03	—	MSCI SWITZERLAND	464286749
—	MORGAN STANLEY CHINA A SH FD	1,541,984	$30.08M	1.6%	$24.88	—	COM	617468103
XJEQX	ABERDEEN JAPAN EQUITY FD INC	3,566,557	$27.64M	1.5%	$7.14	—	COM	00306J109
—	EATON VANCE LTD DURATION INC	2,291,088	$25.82M	1.4%	$12.67	—	COM	27828H105
—	GENERAL AMERN INVS INC	800,882	$25.48M	1.4%	$33.40	—	COM	368802104
—	DWS MUN INCOME TR	2,221,348	$23.99M	1.3%	$10.82	—	COM	233368109
—	ABERDEEN EMRG MRKTS EQT INM	3,824,273	$23.14M	1.3%	$6.80	—	COM	00301W105
—	NEW GERMANY FD INC	1,460,711	$22.17M	1.2%	$16.16	—	COM	644465106
—	TEMPLETON EMERGING MKTS FD	1,442,831	$19.74M	1.1%	$14.64	—	COM	880191101
EWA	ISHARES INC	1,019,611	$19.65M	1.1%	$22.97	—	MSCI AUST ETF	464286103
—	BLACKROCK MUNIYIELD QUALITY	1,448,768	$18.86M	1.0%	$12.72	—	COM	09254E103
—	DUFF & PHELPS UTIL CORP BD T	1,813,313	$16.95M	0.9%	$9.14	—	COM	26432K108
—	ALLIANCEBERNSTEIN NATL MUNI	1,253,245	$16.73M	0.9%	$13.04	—	COM	01864U106
—	TEMPLETON DRAGON FD INC	812,944	$16.41M	0.9%	$23.77	—	COM	88018T101
—	EUROPEAN EQUITY FD INC	1,935,779	$16.11M	0.9%	$7.57	—	COM	298768102
—	WESTERN ASSET PREMIER BD FD	1,192,512	$15.66M	0.9%	$12.81	—	SHS BEN INT	957664105
—	HANCOCK JOHN INCOME SECS TR	960,560	$13.87M	0.8%	$13.80	—	COM	410123103
—	KOREA FD	534,120	$13.81M	0.8%	$34.05	—	COM NEW	500634209
—	EATON VANCE MUNI INCOME TRUS	1,098,839	$13.72M	0.8%	$11.81	—	SH BEN INT	27826U108
—	MFS GOVT MKTS INCOME TR	2,955,700	$13.6M	0.7%	$4.54	—	SH BEN INT	552939100
—	TAIWAN FD INC	618,836	$13.13M	0.7%	$16.93	—	COM	874036106
—	HANCOCK JOHN INVS TR	841,308	$13.05M	0.7%	$15.31	—	COM	410142103
—	ALLIANZGI DIVIDEND INT & PRM	1,145,985	$12.81M	0.7%	$11.94	—	COM	01883A107
—	EATON VANCE MUN BD FD	999,658	$12.72M	0.7%	$12.30	—	COM	27827X101
—	NUVEEN SELECT TAX FREE INCOM	814,924	$12.21M	0.7%	$13.67	—	SH BEN INT	67063C106
—	TEMPLETON GLOBAL INCOME FD	2,241,965	$12.04M	0.7%	$5.78	—	COM	880198106
—	NUVEEN AMT-FREE MUN VALUE FD	750,483	$11.74M	0.6%	$15.65	—	COM	670695105
—	CENTRAL SECS CORP	401,007	$11.57M	0.6%	$24.31	—	COM	155123102
XLK	SELECT SECTOR SPDR TR	107,600	$11.24M	0.6%	$104.49	—	TECHNOLOGY	81369Y803
XEGFX	BLACKROCK ENHANCED GOVT FD I	860,196	$11.21M	0.6%	$13.59	—	COM	09255K108
XMUIX	BLACKROCK MUNI INTER DR FD I	716,241	$9.884M	0.5%	$13.20	—	COM	09253X102
—	BLACKROCK ENH CAP & INC FD I	661,583	$9.573M	0.5%	$14.39	—	COM	09256A109
SUB	ISHARES TR	88,186	$9.512M	0.5%	$106.13	—	SHRT NAT MUN ETF	464288158
—	VOYA EMERGING MKTS HIGH DIVI	1,506,907	$9.358M	0.5%	$8.72	—	COM	92912P108
—	SPROTT FOCUS TR INC	1,520,794	$8.973M	0.5%	$7.01	—	COM	85208J109
—	WESTERN ASSET INTER MUNI FD	1,031,268	$8.828M	0.5%	$8.67	—	COM	958435109
—	BLACKROCK FLOATING RATE INCO	803,500	$8.822M	0.5%	$12.15	—	COM	091941104
—	CBRE CLARION GLOBAL REAL EST	1,455,973	$8.692M	0.5%	$7.93	—	COM	12504G100
—	ABERDEEN AUSTRALIA EQUITY FD	1,855,233	$8.293M	0.5%	$5.03	—	COM	003011103
—	BLACKROCK ENHANCED EQUITY DI	1,105,481	$8.114M	0.4%	$8.14	—	COM	09251A104
—	NUVEEN MULTI MKT INCOME FD	1,138,489	$7.856M	0.4%	$7.18	—	COM	67075J107
—	ABERDEEN ASIA-PACIFIC INCOME	2,048,056	$7.803M	0.4%	$3.84	—	COM	003009107
XXCHNXX	CHINA FD INC	332,503	$7.425M	0.4%	$19.77	—	COM	169373107
XPMAX	PIONEER MUN HIGH INCOME ADVA	686,214	$7.212M	0.4%	$10.18	—	COM	723762100
—	THE CENTRAL AND EASTERN EU I	331,211	$6.916M	0.4%	$27.69	—	COM	153436100
—	NUVEEN SELECT MAT MUN FD	666,590	$6.821M	0.4%	$9.78	—	SH BEN INT	67061T101
—	NUVEEN SELECT TAX FREE INCOM	418,622	$6.782M	0.4%	$14.66	—	SH BEN INT	67063X100
XAWPX	ABERDEEN GLOBAL PREMIER PPTY	1,451,965	$6.766M	0.4%	$6.08	—	COM SH BEN INT	00302L108
—	NUVEEN AMT FREE QLTY MUN INC	460,296	$6.398M	0.4%	$13.63	—	COM	670657105
—	EATON VANCE TAX-MANAGED GLOB	859,642	$6.344M	0.3%	$6.38	—	COM	27829F108
—	FIRST TRUST MORTGAGE INCM FD	454,488	$6.267M	0.3%	$15.10	—	COM SHS	33734E103
XBFZX	BLACKROCK CALIF MUN INCOME T	461,641	$6.08M	0.3%	$12.61	—	SH BEN INT	09248E102
—	NEW IRELAND FD INC	782,097	$6.061M	0.3%	$10.40	—	COM	645673104
XFDEX	FIRST TR DYNAMIC EUROPE EQUI	585,106	$6.05M	0.3%	$13.70	—	COM SHS	33740D107
—	NUVEEN MUN VALUE FD INC	553,211	$5.643M	0.3%	$9.84	—	COM	670928100
—	LAZARD GLOBAL TOTAL RETURN &	343,549	$4.841M	0.3%	$16.04	—	COM	52106W103
—	BLACKROCK MUNIHOLDINGS QUALI	346,273	$4.29M	0.2%	$12.16	—	COM	09254C107
—	NUVEEN DOW 30 DYNAMIC OVERWR	304,552	$4.145M	0.2%	$13.20	—	SHS	67075F105
—	NUVEEN QUALITY MUNCP INCOME	294,235	$4.125M	0.2%	$14.05	—	COM	67066V101
—	VOYA ASIA PAC DIVID EQUITY I	519,858	$3.985M	0.2%	$8.93	—	COM	92912J102
—	MACQUARIE GLOBAL INFRASTRUCT	211,391	$3.723M	0.2%	$19.67	—	COM	55608D101
—	DTF TAX-FREE INCOME INC	254,857	$3.624M	0.2%	$12.90	—	COM	23334J107
—	ROYCE VALUE TR INC	288,894	$3.623M	0.2%	$11.42	—	COM	780910105
—	FEDERATED HERMES PREM MUNI I	261,701	$3.454M	0.2%	$12.93	—	COM	31423P108
—	BLACKROCK MUNIHLDS INVSTM QL	262,984	$3.4M	0.2%	$13.13	—	COM	09254P108
—	ROYCE MICRO-CAP TR INC	468,489	$3.373M	0.2%	$7.20	—	COM	780915104
—	NUVEEN S&P 500 BUY-WRITE INC	306,340	$3.37M	0.2%	$11.00	—	COM	6706ER101
—	NUVEEN GEORGIA QLTY MUN INC	259,834	$3.17M	0.2%	$11.67	—	COM	67072B107
—	TEKLA LIFE SCIENCES INVS	175,024	$3.143M	0.2%	$16.71	—	SH BEN INT	87911K100
—	NUVEEN REAL ESTATE INCOME FD	418,530	$3.126M	0.2%	$9.05	—	COM	67071B108
XBNYX	BLACKROCK N Y MUN INCOME TR	229,701	$3.103M	0.2%	$12.66	—	SH BEN INT	09248L106
—	SWISS HELVETIA FD INC	393,089	$3.082M	0.2%	$11.37	—	COM	870875101
—	MORGAN STANLEY INDIA INVT FD	172,596	$2.803M	0.2%	$18.07	—	COM	61745C105
—	NUVEEN INT DUR QUAL MUN TRM	190,542	$2.708M	0.1%	$13.70	—	COM	670677103
XMUSX	BLACKROCK MUNIHOLDINGS QUALI	207,183	$2.515M	0.1%	$12.00	—	COM	09254A101
—	VOYA GLBL EQTY DIV & PREM OP	500,952	$2.42M	0.1%	$5.25	—	COM	92912T100
—	MEXICO FD INC	245,278	$2.405M	0.1%	$15.84	—	COM	592835102
—	WESTERN ASST INFLTN LKD INM	202,058	$2.38M	0.1%	$11.53	—	COM SH BEN INT	95766Q106
—	TEKLA HEALTHCARE OPPORTUNITI	131,167	$2.335M	0.1%	$17.12	—	SHS	879105104
—	ADAM NAT RES FD INC	210,049	$2.316M	0.1%	$19.01	—	COM	00548F105
—	INDIA FD INC	145,756	$2.256M	0.1%	$20.11	—	COM	454089103
XEVMX	EATON VANCE CALIF MUN BD FD	192,347	$2.141M	0.1%	$10.21	—	COM	27828A100
—	MFS MUN INCOME TR	285,889	$1.784M	0.1%	$6.18	—	SH BEN INT	552738106
XENWX	EATON VANCE NEW YORK MUN BD	146,108	$1.709M	0.1%	$11.36	—	COM	27827Y109
—	MADISON COVERED CALL & EQUIT	292,276	$1.648M	0.1%	$5.08	—	COM	557437100
—	DWS STRATEGIC MUN INCOME TR	151,670	$1.593M	0.1%	$10.40	—	COM	23342Q101
—	EATON VANCE NATL MUN OPPORTU	79,457	$1.561M	0.1%	$19.53	—	COM SHS	27829L105
XFEOX	FIRST TR/ABERDEEN EMERG OPT	131,395	$1.552M	0.1%	$15.61	—	COM	33731K102
—	WESTERN ASSET MUN DEF OPP TR	77,693	$1.534M	0.1%	$19.10	—	COM	95768A109
XMQTX	BLACKROCK MUNIYIELD QUALITY	112,500	$1.437M	0.1%	$12.50	—	COM	09254G108
—	WESTERN ASSET MUN HIGH INCOM	193,741	$1.379M	0.1%	$7.07	—	COM	95766N103
—	ABERDEEN GLOBAL DYNAMIC DIVI	150,250	$1.342M	0.1%	$10.18	—	COM	00302M106
XHIEX	MILLER HOWARD HIGH INC EQTY	200,943	$1.226M	0.1%	$6.10	—	COM SHS BEN IN	600379101
—	MFS INVT GRADE MUN TR	126,097	$1.19M	0.1%	$9.04	—	SH BEN INT	59318B108
—	TEKLA HEALTHCARE INVS	54,762	$1.168M	0.1%	$21.33	—	SH BEN INT	87911J103
—	VOYA GLBL ADV & PREM OPP FD	140,810	$1.153M	0.1%	$8.48	—	COM	92912R104
—	GDL FUND	133,336	$1.097M	0.1%	$8.23	—	COM SH BEN IT	361570104
XMVFX	BLACKROCK MUNIVEST FD INC	101,880	$856K	0.0%	$8.15	—	COM	09253R105
—	NUVEEN CALIF MUNICPAL VALUE	57,267	$826K	0.0%	$14.42	—	COM	6706EB106
—	HANCOCK JOHN INVT TR	132,810	$696K	0.0%	$6.49	—	TAX ADV GLB SH	41013P749
—	EATON VANCE TXMGD GL BUYWR O	61,981	$536K	0.0%	$8.65	—	COM	27829C105
—	NUVEEN CALIF MUN VALUE FD IN	48,003	$491K	0.0%	$9.22	—	COM	67062C107
—	WESTERN ASSET GLOBAL CP DEFI	24,296	$398K	0.0%	$17.05	—	COM	95790C107
—	VOYA INTL HIGH DIVID EQTY IN	73,035	$302K	0.0%	$4.14	—	COM	92912Y109
—	LIBERTY ALL STAR EQUITY FD	50,000	$286K	0.0%	$4.84	—	SH BEN INT	530158104
—	TRI CONTL CORP	7,850	$194K	0.0%	$20.89	—	COM	895436103
—	ROYCE GLOBAL VALUE TR INC	15,525	$180K	0.0%	$7.43	—	COM	78081T104
—	NUVEEN CORE EQUITY ALPHA FD	12,666	$155K	0.0%	$12.24	—	COM	67090X107
—	NUVEEN SELECT TAX-FREE INCOM	8,648	$136K	0.0%	$14.97	—	SH BEN INT	67062F100