Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EWJ	ISHARES INC	4,058,721	$285M	14.3%	$53.50	—	MSCI JPN ETF NEW	46434G822
IEF	ISHARES TR	1,384,835	$160M	8.0%	$111.93	—	BARCLAYS 7 10 YR	464287440
MBB	ISHARES TR	1,378,760	$149M	7.5%	$108.56	—	MBS ETF	464288588
GOVT	ISHARES TR	3,517,675	$93.32M	4.7%	$27.28	—	US TREAS BD ETF	46429B267
EZU	ISHARES INC	1,877,366	$90.34M	4.5%	$37.29	—	MSCI EURZONE ETF	464286608
LQD	ISHARES TR	638,300	$84.91M	4.3%	$131.99	—	IBOXX INV CP ETF	464287242
—	ABERDEEN TOTAL DYNAMIC DIVD	6,232,164	$60.7M	3.0%	$8.61	—	COM SH BEN INT	00326L100
EWL	ISHARES INC	1,180,708	$55M	2.8%	$37.25	—	MSCI SWITZERLAND	464286749
—	JAPAN SMALLER CAPITALIZATION	4,874,481	$44.11M	2.2%	$9.11	—	COM	47109U104
—	ADAMS DIVERSIFIED EQUITY FD	2,100,336	$41.59M	2.1%	$13.90	—	COM	006212104
—	WESTERN AST INFL LKD OPP & I	3,064,140	$40.72M	2.0%	$11.58	—	COM	95766R104
—	GENERAL AMERN INVS CO INC	810,470	$34.9M	1.7%	$33.41	—	COM	368802104
—	DWS MUN INCOME TR	2,694,682	$32.07M	1.6%	$10.97	—	COM	233368109
—	BLACKROCK ENHANCED GLOBAL DI	2,734,066	$32.02M	1.6%	$12.62	—	COM	092501105
—	ABERDEEN EMRG MRKTS EQT INM	3,829,957	$31.86M	1.6%	$6.91	—	COM	00301W105
XJEQX	ABERDEEN JAPAN EQUITY FD INC	3,208,190	$31.28M	1.6%	$7.14	—	COM	00306J109
—	MORGAN STANLEY CHINA A SH FD	1,345,679	$28.25M	1.4%	$24.74	—	COM	617468103
EWA	ISHARES INC	1,122,398	$27.86M	1.4%	$24.39	—	MSCI AUST ETF	464286103
—	BLACKROCK ENHANCED INTL DIV	4,449,013	$27.36M	1.4%	$5.88	—	COM BENE INTER	092524107
—	NEW GERMANY FD INC	1,380,841	$27.27M	1.4%	$16.17	—	COM	644465106
—	TAIWAN FD INC	638,700	$22.49M	1.1%	$17.74	—	COM	874036106
—	EUROPEAN EQUITY FD INC	1,959,191	$21.84M	1.1%	$7.76	—	COM	298768102
—	KOREA FD INC	525,933	$21.54M	1.1%	$34.56	—	COM NEW	500634209
—	BLACKROCK SCIENCE & TECHNOLO	534,817	$20.63M	1.0%	$26.91	—	SHS BEN INT	09260K101
—	TEMPLETON EMERGING MKTS FD	1,170,643	$19.87M	1.0%	$14.64	—	COM	880191101
MUB	ISHARES TR	162,168	$18.84M	0.9%	$116.68	—	NATIONAL MUN ETF	464288414
SPY	SPDR S&P 500 ETF TR	43,295	$18.58M	0.9%	$275.74	—	TR UNIT	78462F103
—	NUVEEN AMT-FREE MUN VALUE FD	1,077,462	$18.37M	0.9%	$15.90	—	COM	670695105
—	CENTRAL SECS CORP	397,404	$16.79M	0.8%	$24.48	—	COM	155123102
XFDEX	FIRST TR DYNAMIC EUROPE EQUI	1,248,940	$16.1M	0.8%	$12.74	—	COM SHS	33740D107
—	WESTERN ASSET MANAGED MUNS F	1,194,392	$15.93M	0.8%	$12.77	—	COM	95766M105
—	VIRTUS DIVIDEND INTEREST & P	1,051,626	$15.6M	0.8%	$13.78	—	COM	92840R101
—	BLACKROCK MUNIYIELD QUALITY	972,348	$14.27M	0.7%	$12.83	—	COM	09254E103
—	WESTERN ASSET INTER MUNI FD	1,432,155	$13.96M	0.7%	$8.84	—	COM	958435109
—	WESTERN ASSET PREMIER BD FD	963,517	$13.61M	0.7%	$12.96	—	SHS BEN INT	957664105
XLK	SELECT SECTOR SPDR TR	88,675	$13.24M	0.7%	$106.98	—	TECHNOLOGY	81369Y803
—	HANCOCK JOHN INCOME SECS TR	831,148	$13.19M	0.7%	$13.80	—	COM	410123103
VMBS	VANGUARD SCOTTSDALE FDS	232,350	$12.38M	0.6%	$53.29	—	MTG-BKD SECS ETF	92206C771
—	SPROTT FOCUS TR INC	1,458,941	$12.1M	0.6%	$7.01	—	COM	85208J109
XBFZX	BLACKROCK CALIF MUN INCOME T	742,971	$10.96M	0.5%	$13.23	—	SH BEN INT	09248E102
—	ALLIANCEBERNSTEIN NATL MUN I	722,577	$10.79M	0.5%	$13.06	—	COM	01864U106
—	EATON VANCE TX ADV GLBL DIV	506,189	$10.77M	0.5%	$16.62	—	COM	27828S101
SUB	ISHARES TR	91,500	$9.843M	0.5%	$107.82	—	SHRT NAT MUN ETF	464288158
—	MFS INTER INCOME TR	2,699,259	$9.771M	0.5%	$3.92	—	SH BEN INT	55273C107
—	ROYCE MICRO-CAP TR INC	784,967	$8.964M	0.4%	$7.49	—	COM	780915104
—	NUVEEN MULTI-MKT INCOME FD	1,183,096	$8.881M	0.4%	$7.18	—	COM	67075J107
—	CENTRAL & EASTERN EUROPE FD	301,490	$8.704M	0.4%	$27.53	—	COM	153436100
—	MACQUARIE GLOBAL INFRASTRUCT	368,977	$8.601M	0.4%	$18.88	—	COM	55608D101
XXCHNXX	CHINA FD INC	325,878	$8.287M	0.4%	$20.46	—	COM	169373107
XMVFX	BLACKROCK MUNIVEST FD INC	869,039	$8.23M	0.4%	$9.10	—	COM	09253R105
—	EATON VANCE MUNI INCOME TRUS	592,010	$8.187M	0.4%	$12.11	—	SH BEN INT	27826U108
—	VOYA EMERGING MKTS HIGH DIVI	1,093,974	$8.084M	0.4%	$8.61	—	COM	92912P108
—	CBRE CLARION GLOBAL REAL EST	874,004	$7.307M	0.4%	$7.46	—	COM	12504G100
—	ABERDEEN AUSTRALIA EQUITY FD	1,181,304	$6.958M	0.3%	$5.01	—	COM	003011103
—	DTF TAX-FREE INCOME INC	451,260	$6.521M	0.3%	$13.53	—	COM	23334J107
XEGFX	BLACKROCK ENHANCED GOVT FD I	516,896	$6.518M	0.3%	$13.54	—	COM	09255K108
—	NEW IRELAND FD INC	500,191	$6.162M	0.3%	$10.25	—	COM	645673104
—	BLACKROCK HEALTH SCIENCS TR	223,667	$6.035M	0.3%	$26.30	—	COM SHS	09260E105
—	GUGGENHEIM ENHANCED EQT INCM	597,892	$5.548M	0.3%	$7.30	—	COM	40167B100
—	CREDIT SUISSE HIGH YIELD BD	2,230,840	$5.51M	0.3%	$2.41	—	SH BEN INT	22544F103
—	ROYCE VALUE TR INC	302,280	$5.447M	0.3%	$11.51	—	COM	780910105
—	DWS STRATEGIC MUN INCOME TR	442,901	$5.443M	0.3%	$11.28	—	COM	23342Q101
—	WESTERN ASSET MUN PARTNERS F	326,845	$5.122M	0.3%	$15.22	—	COM	95766P108
—	TEMPLETON GLOBAL INCOME FD	929,882	$5.003M	0.3%	$5.73	—	COM	880198106
—	NUVEEN DOW 30 DYNMC OVERWRT	298,610	$5.002M	0.3%	$13.40	—	SHS	67075F105
—	FIRST TR MTG INCOME FD	355,876	$4.897M	0.2%	$15.10	—	COM SHS	33734E103
XLI	SELECT SECTOR SPDR TR	49,200	$4.814M	0.2%	$97.85	—	SBI INT-INDS	81369Y704
—	BLACKROCK ENHANCD CAP & INM	236,543	$4.778M	0.2%	$14.41	—	COM	09256A109
—	NUVEEN REAL ESTATE INCOME FD	447,845	$4.756M	0.2%	$8.89	—	COM	67071B108
—	BLACKROCK RES & COMMODITIES	508,777	$4.543M	0.2%	$9.91	—	SHS	09257A108
—	TEMPLETON DRAGON FD INC	250,825	$4.507M	0.2%	$23.77	—	COM	88018T101
—	VOYA GLBL EQTY DIV & PREM OP	730,843	$4.312M	0.2%	$5.23	—	COM	92912T100
VTEB	VANGUARD MUN BD FDS	73,900	$4.048M	0.2%	$54.78	—	TAX EXEMPT BD	922907746
—	NUVEEN FLOATING RATE INCOME	371,800	$3.711M	0.2%	$8.80	—	COM SHS	6706EN100
XLY	SELECT SECTOR SPDR TR	19,800	$3.553M	0.2%	$165.99	—	SBI CONS DISCR	81369Y407
—	MORGAN STANLEY INDIA INVT FD	126,980	$3.503M	0.2%	$18.57	—	COM	61745C105
—	NUVEEN CORPORATE INCM NOVEME	356,026	$3.34M	0.2%	$9.21	—	COM	67077N106
—	MEXICO FD INC	224,851	$3.339M	0.2%	$15.51	—	COM	592835102
—	HANCOCK JOHN INVS TR	175,216	$3.27M	0.2%	$15.38	—	COM	410142103
—	PGIM SHORT DUR HIG YLD OPP F	170,372	$3.198M	0.2%	$19.67	—	COM	69355J104
—	SWISS HELVETIA FD INC	335,286	$3.078M	0.2%	$11.37	—	COM	870875101
—	BLACKROCK GLOBAL FLOATING RA	213,473	$2.835M	0.1%	$12.19	—	COM	091941104
—	NUVEEN GEORGIA QLTY MUN INC	203,303	$2.755M	0.1%	$11.81	—	COM	67072B107
—	NUVEEN S&P 500 BUY-WRITE INC	181,829	$2.587M	0.1%	$11.01	—	COM	6706ER101
—	NUVEEN FLOATING RATE INCOME	249,346	$2.511M	0.1%	$8.84	—	COM	67072T108
XHIEX	MILLER HOWARD HIGH INC EQTY	223,261	$2.197M	0.1%	$6.11	—	COM SHS BEN IN	600379101
—	INDIA FD INC	84,152	$1.943M	0.1%	$20.09	—	COM	454089103
—	WESTERN ASSET HIGH INCOME OP	367,361	$1.907M	0.1%	$4.95	—	COM	95766K109
XEVMX	EATON VANCE CALIF MUN BD FD	158,774	$1.896M	0.1%	$10.21	—	COM	27828A100
AGG	ISHARES TR	15,300	$1.757M	0.1%	$113.84	—	CORE US AGGBD ET	464287226
XENWX	EATON VANCE NEW YORK MUN BD	142,159	$1.744M	0.1%	$11.36	—	COM	27827Y109
—	BLACKROCK SCIENCE & TECHNOLO	32,500	$1.695M	0.1%	$52.15	—	SHS	09258G104
—	NUVEEN CALIFORNIA MUNI VLU F	146,818	$1.549M	0.1%	$10.23	—	COM STK	67062C107
—	BLACKROCK MUNIHLDS INVSTM QL	102,057	$1.482M	0.1%	$13.13	—	COM	09254P108
—	CUSHING MLP & INFRASTRUCT	42,281	$1.344M	0.1%	$31.44	—	COM NEW	231631300
—	MFS MUN INCOME TR	186,044	$1.3M	0.1%	$6.18	—	SH BEN INT	552738106
—	MFS INVT GRADE MUN TR	117,035	$1.17M	0.1%	$9.08	—	SH BEN INT	59318B108
—	NUVEEN INT DUR QUAL MUN TRM	73,020	$1.071M	0.1%	$13.70	—	COM	670677103
—	ABERDEEN GLOBAL DYNAMIC DIVI	84,714	$984K	0.0%	$10.18	—	COM	00302M106
—	VOYA GLBL ADV & PREM OPP FD	98,045	$972K	0.0%	$8.48	—	COM	92912R104
—	BLACKROCK MUNIHOLDINGS FD IN	59,289	$971K	0.0%	$16.00	—	COM	09253N104
—	LMP CAP & INCOME FD INC	60,323	$830K	0.0%	$12.70	—	COM	50208A102
—	NUVEEN CORE PLUS IMPACT FUND	39,600	$774K	0.0%	$19.55	—	COM BEN INT	67080D103
—	NUVEEN N Y MUN VALUE FD	41,981	$421K	0.0%	$9.94	—	COM	67062M105
—	TEKLA LIFE SCIENCES INVS	10,000	$208K	0.0%	$16.83	—	SH BEN INT	87911K100
—	NUVEEN TAX-ADVANTAGED DIVID	12,732	$202K	0.0%	$16.10	—	COM	67073G105
—	GDL FD	18,102	$163K	0.0%	$8.24	—	COM SH BEN IT	361570104
—	INVESCO BD FD	6,900	$140K	0.0%	$20.29	—	COM	46132L107
XXINSIXX	INSIGHT SELECT INCOME FD	3,187	$67,000	0.0%	$21.02	—	COM	45781W109