Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	EATON VANCE TX ADV GLBL DIV	339,925	$8.002M	0.7%	$23.54	—	COM	27828S101
EFA	ISHARES TR	65,725	$6.828M	0.6%	$103.88	—	MSCI EAFE ETF	464287465
—	GABELLI EQUITY TR INC	400,000	$2.264M	0.2%	$5.66	—	COM	362397101
—	HANCOCK JOHN FINL OPPTYS	56,187	$2.215M	0.2%	$39.42	—	SH BEN INT NEW	409735206
—	ROYCE SMALL CAP TRUST INC	70,000	$1.293M	0.1%	$18.47	—	COM	780910105
EWY	ISHARES INC	5,250	$1.06M	0.1%	$201.90	—	MSCI STH KOR ETF	464286772
—	ALLIANCEBERNSTEIN GLOBAL HIG	67,619	$696K	0.1%	$10.30	—	COM	01879R106
EWT	ISHARES INC	6,290	$683K	0.1%	$108.61	—	MSCI TAIWAN ETF	46434G772
—	CREDIT SUISSE HIGH YIELD CRE	363,626	$647K	0.1%	$1.78	—	SH BEN INT	22544F103
—	ABERDEEN MUN INCOME FD	13,627	$76,584	0.0%	$5.62	—	SH BEN INT	552738106

Increased Positions (28)

EFV ISHARES TR 4.0%

Value $45.46M (+119.2%) Shares 593,884 (+112.9%) Est. Cost $75.52 Unrealized —

— BLACKROCK SCIENCE & TECHNOLO 2.1%

Value $23.76M (+74.4%) Shares 468,610 (+25.0%) Est. Cost $39.86 Unrealized —

— CALAMOS STRATEGIC TOTAL RETU 1.1%

Value $13.07M (+76.4%) Shares 635,466 (+46.9%) Est. Cost $18.71 Unrealized —

— EATON VANCE TAX ADVT DIV INC 2.3%

Value $26.21M (+26.9%) Shares 946,952 (+12.5%) Est. Cost $24.42 Unrealized —

— CALAMOS GBL DYN INCOME FUND 0.6%

Value $6.763M (+290.3%) Shares 759,065 (+218.0%) Est. Cost $8.28 Unrealized —

— KOREA FD INC 0.9%

Value $9.776M (+99.2%) Shares 129,981 (+18.9%) Est. Cost $40.92 Unrealized —

— GAMCO GLOBAL GOLD NAT RES & 0.5%

Value $5.351M (+334.4%) Shares 1,105,588 (+377.5%) Est. Cost $4.94 Unrealized —

— NUVEEN CORE EQUITY ALPHA FD 0.7%

Value $8.233M (+93.3%) Shares 503,250 (+74.6%) Est. Cost $15.46 Unrealized —

XLK SELECT SECTOR SPDR TR 0.4%

Value $4.538M (+541.9%) Shares 23,820 (+347.7%) Est. Cost $180.12 Unrealized —

— VIRTUS ARTIFICIAL INTELLIGEN 0.4%

Value $4.033M (+836.7%) Shares 143,676 (+614.5%) Est. Cost $27.14 Unrealized —

EWC ISHARES INC 0.6%

Value $6.383M (+115.6%) Shares 110,747 (+104.9%) Est. Cost $55.83 Unrealized —

— EATON VANCE TAX-MANAGED GLOB 1.8%

Value $21.17M (+15.1%) Shares 2,196,365 (+4.9%) Est. Cost $8.88 Unrealized —

— EATON VANCE TAX-ADVANTAGED G 0.8%

Value $9.115M (+39.1%) Shares 295,263 (+20.1%) Est. Cost $24.91 Unrealized —

XLC SELECT SECTOR SPDR TR 0.3%

Value $3.225M (+242.2%) Shares 30,100 (+254.1%) Est. Cost $108.18 Unrealized —

— LIBERTY ALL STAR EQUITY FD 0.8%

Value $8.626M (+35.7%) Shares 1,484,739 (+10.9%) Est. Cost $6.26 Unrealized —

— NEUBERGER R/EST SECS INC FD 0.2%

Value $2.219M (+336.9%) Shares 732,239 (+309.5%) Est. Cost $2.98 Unrealized —

— NUVEEN S&P 500 DYNAMIC OVERW 0.3%

Value $2.908M (+52.8%) Shares 155,989 (+31.8%) Est. Cost $16.70 Unrealized —

— SRH TOTAL RETURN FUND INC 1.4%

Value $16.1M (+6.3%) Shares 899,421 (+1.5%) Est. Cost $15.08 Unrealized —

XLY SELECT SECTOR SPDR TR 0.1%

Value $1.701M (+122.9%) Shares 14,500 (+107.1%) Est. Cost $113.27 Unrealized —

— NEUBERGER NEXT GENERATION 0.1%

Value $1.098M (+148.4%) Shares 66,408 (+93.3%) Est. Cost $14.64 Unrealized —

— BLACKROCK SCIENCE & TECHNOLO 0.2%

Value $1.989M (+46.3%) Shares 66,250 (+7.9%) Est. Cost $22.89 Unrealized —

— DOUBLELINE YIELD OPPORTUNITI 0.4%

Value $4.992M (+11.5%) Shares 354,813 (+10.4%) Est. Cost $14.22 Unrealized —

— BLACKROCK CORPOR HI YLD FD I 0.6%

Value $7.236M (+7.5%) Shares 845,302 (+7.0%) Est. Cost $8.52 Unrealized —

— EATON VANCE ENHANCED EQUITY 0.3%

Value $2.988M (+13.2%) Shares 135,552 (+5.1%) Est. Cost $22.54 Unrealized —

— ROYCE GLOBAL TRUST INC 0.2%

Value $2.61M (+9.5%) Shares 183,419 (+2.8%) Est. Cost $13.25 Unrealized —

— NYLI MACKAY DEFINEDTERM MUNI 0.1%

Value $789K (+35.9%) Shares 50,886 (+30.2%) Est. Cost $15.01 Unrealized —

— MFS GOVT MKTS INCOME TR 0.6%

Value $6.867M (+2.5%) Shares 2,392,698 (+5.0%) Est. Cost $3.40 Unrealized —

— ABERDEEN MULTI-MARKET INCOME 0.3%

Value $3.312M (-1.8%) Shares 752,776 (+3.1%) Est. Cost $4.64 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EFV	ISHARES TR	593,884 (+112.9%)	$45.46M (+119.2%)	4.0%	$75.52	—	EAFE VALUE ETF	464288877
—	BLACKROCK SCIENCE & TECHNOLO	468,610 (+25.0%)	$23.76M (+74.4%)	2.1%	$39.86	—	SHS	09258G104
—	CALAMOS STRATEGIC TOTAL RETU	635,466 (+46.9%)	$13.07M (+76.4%)	1.1%	$18.71	—	COM SH BEN INT	128125101
—	EATON VANCE TAX ADVT DIV INC	946,952 (+12.5%)	$26.21M (+26.9%)	2.3%	$24.42	—	COM	27828G107
—	CALAMOS GBL DYN INCOME FUND	759,065 (+218.0%)	$6.763M (+290.3%)	0.6%	$8.28	—	COM	12811L107
—	KOREA FD INC	129,981 (+18.9%)	$9.776M (+99.2%)	0.9%	$40.92	—	COM NEW	500634209
—	GAMCO GLOBAL GOLD NAT RES &	1,105,588 (+377.5%)	$5.351M (+334.4%)	0.5%	$4.94	—	COM SH BEN INT	36465A109
—	NUVEEN CORE EQUITY ALPHA FD	503,250 (+74.6%)	$8.233M (+93.3%)	0.7%	$15.46	—	COM	67090X107
XLK	SELECT SECTOR SPDR TR	23,820 (+347.7%)	$4.538M (+541.9%)	0.4%	$180.12	—	ST STR TECHN ETF	81369Y803
—	VIRTUS ARTIFICIAL INTELLIGEN	143,676 (+614.5%)	$4.033M (+836.7%)	0.4%	$27.14	—	COM	92838Y100
EWC	ISHARES INC	110,747 (+104.9%)	$6.383M (+115.6%)	0.6%	$55.83	—	MSCI CDA ETF	464286509
—	EATON VANCE TAX-MANAGED GLOB	2,196,365 (+4.9%)	$21.17M (+15.1%)	1.8%	$8.88	—	COM	27829C105
—	EATON VANCE TAX-ADVANTAGED G	295,263 (+20.1%)	$9.115M (+39.1%)	0.8%	$24.91	—	COM	27828U106
XLC	SELECT SECTOR SPDR TR	30,100 (+254.1%)	$3.225M (+242.2%)	0.3%	$108.18	—	ST STR SVC ETF	81369Y852
—	LIBERTY ALL STAR EQUITY FD	1,484,739 (+10.9%)	$8.626M (+35.7%)	0.8%	$6.26	—	SH BEN INT	530158104
—	NEUBERGER R/EST SECS INC FD	732,239 (+309.5%)	$2.219M (+336.9%)	0.2%	$2.98	—	COM	64190A103
—	NUVEEN S&P 500 DYNAMIC OVERW	155,989 (+31.8%)	$2.908M (+52.8%)	0.3%	$16.70	—	COM	6706EW100
—	SRH TOTAL RETURN FUND INC	899,421 (+1.5%)	$16.1M (+6.3%)	1.4%	$15.08	—	COM	101507101
XLY	SELECT SECTOR SPDR TR	14,500 (+107.1%)	$1.701M (+122.9%)	0.1%	$113.27	—	ST STR DISCR ETF	81369Y407
—	NEUBERGER NEXT GENERATION	66,408 (+93.3%)	$1.098M (+148.4%)	0.1%	$14.64	—	COMMON STOCK	64133Q108
—	BLACKROCK SCIENCE & TECHNOLO	66,250 (+7.9%)	$1.989M (+46.3%)	0.2%	$22.89	—	SHS BEN INT	09260K101
—	DOUBLELINE YIELD OPPORTUNITI	354,813 (+10.4%)	$4.992M (+11.5%)	0.4%	$14.22	—	COM	25862D105
—	BLACKROCK CORPOR HI YLD FD I	845,302 (+7.0%)	$7.236M (+7.5%)	0.6%	$8.52	—	COM	09255P107
—	EATON VANCE ENHANCED EQUITY	135,552 (+5.1%)	$2.988M (+13.2%)	0.3%	$22.54	—	COM	278277108
—	ROYCE GLOBAL TRUST INC	183,419 (+2.8%)	$2.61M (+9.5%)	0.2%	$13.25	—	COM	78081T104
—	NYLI MACKAY DEFINEDTERM MUNI	50,886 (+30.2%)	$789K (+35.9%)	0.1%	$15.01	—	COM	56064K100
—	MFS GOVT MKTS INCOME TR	2,392,698 (+5.0%)	$6.867M (+2.5%)	0.6%	$3.40	—	SH BEN INT	552939100
—	ABERDEEN MULTI-MARKET INCOME	752,776 (+3.1%)	$3.312M (-1.8%)	0.3%	$4.64	—	SH BEN INT	552737108

Exited Positions (8)

EZU ISHARES INC 1.2%

Value $14.02M Shares 223,752 Est. Cost $43.91 Unrealized —

— NUVEEN MUN VALUE FD INC 0.5%

Value $5.616M Shares 624,720 Est. Cost $9.01 Unrealized —

— VOYA EMERGING MKTS HIGH DIVI 0.1%

Value $1.385M Shares 207,969 Est. Cost $7.41 Unrealized —

— GABELLI DIVID & INCOME TR 0.1%

Value $722K Shares 26,820 Est. Cost $20.49 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.0%

Value $546K Shares 10,100 Est. Cost $54.05 Unrealized —

VTV VANGUARD INDEX FDS 0.0%

Value $392K Shares 2,000 Est. Cost $196.20 Unrealized —

— ALLIANCEBERNSTEIN NATL MUN I 0.0%

Value $384K Shares 35,947 Est. Cost $12.86 Unrealized —

XLI SELECT SECTOR SPDR TR 0.0%

Value $323K Shares 2,000 Est. Cost $161.73 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EZU	ISHARES INC	223,752	$14.02M	1.2%	$43.91	—	—	464286608
—	NUVEEN MUN VALUE FD INC	624,720	$5.616M	0.5%	$9.01	—	—	670928100
—	VOYA EMERGING MKTS HIGH DIVI	207,969	$1.385M	0.1%	$7.41	—	—	92912P108
—	GABELLI DIVID & INCOME TR	26,820	$722K	0.1%	$20.49	—	—	36242H104
VWO	VANGUARD INTL EQUITY INDEX F	10,100	$546K	0.0%	$54.05	—	—	922042858
VTV	VANGUARD INDEX FDS	2,000	$392K	0.0%	$196.20	—	—	922908744
—	ALLIANCEBERNSTEIN NATL MUN I	35,947	$384K	0.0%	$12.86	—	—	01864U106
XLI	SELECT SECTOR SPDR TR	2,000	$323K	0.0%	$161.73	—	—	81369Y704

Decreased Positions (89)

USHY ISHARES TR 1.6%

Value $18.52M (-64.8%) Shares 500,400 (-65.0%) Est. Cost $36.80 Unrealized —

BBJP J P MORGAN EXCHANGE TRADED F 6.7%

Value $76.51M (-26.3%) Shares 1,016,000 (-32.6%) Est. Cost $62.09 Unrealized —

GOVT ISHARES TR 4.6%

Value $52.29M (-33.0%) Shares 2,295,222 (-32.6%) Est. Cost $23.87 Unrealized —

AGG ISHARES TR 0.4%

Value $4.085M (-84.8%) Shares 41,270 (-84.8%) Est. Cost $97.25 Unrealized —

BKLN INVESCO EXCH TRADED FD TR II 1.7%

Value $19.18M (-53.8%) Shares 941,815 (-53.8%) Est. Cost $20.99 Unrealized —

EWL ISHARES INC 4.8%

Value $55.67M (-27.4%) Shares 885,747 (-32.1%) Est. Cost $51.91 Unrealized —

FEZ SPDR INDEX SHS FDS 11.0%

Value $127M (-13.3%) Shares 1,843,028 (-21.6%) Est. Cost $63.61 Unrealized —

EUFN ISHARES TR 7.7%

Value $88.96M (-16.9%) Shares 2,281,602 (-25.8%) Est. Cost $34.66 Unrealized —

— PGIM SHORT DUR HIG YLD OPP F 1.4%

Value $16.05M (-41.7%) Shares 979,170 (-43.0%) Est. Cost $16.49 Unrealized —

— GENERAL AMERN INVS CO INC 0.6%

Value $6.982M (-56.8%) Shares 109,527 (-60.4%) Est. Cost $34.47 Unrealized —

— EATON VANCE SR FLTNG RTE TR 0.8%

Value $9.43M (-43.6%) Shares 889,618 (-43.9%) Est. Cost $11.14 Unrealized —

— JAPAN SMALLER CAPITALIZATION 2.8%

Value $32.09M (-17.9%) Shares 2,724,109 (-24.0%) Est. Cost $8.92 Unrealized —

— NUVEEN FLOATING RATE INCOME 0.8%

Value $9.347M (-42.6%) Shares 1,218,608 (-43.7%) Est. Cost $7.59 Unrealized —

— MFS INTER INCOME TR 1.0%

Value $10.99M (-30.9%) Shares 4,448,916 (-29.8%) Est. Cost $2.96 Unrealized —

— WESTERN ASSET MANAGED MUNS F 0.8%

Value $8.877M (-35.1%) Shares 851,888 (-36.0%) Est. Cost $11.07 Unrealized —

— EATON VANCE FLOATING RATE IN 0.4%

Value $4.659M (-47.2%) Shares 431,397 (-47.6%) Est. Cost $11.32 Unrealized —

— WESTERN AST INFL LKD OPP & I 0.5%

Value $5.948M (-41.1%) Shares 708,052 (-40.6%) Est. Cost $9.91 Unrealized —

— NUVEEN AMT-FREE MUN VALUE FD 1.0%

Value $11.57M (-25.7%) Shares 804,410 (-26.0%) Est. Cost $14.91 Unrealized —

— DWS MUN INCOME TR 0.6%

Value $6.401M (-38.3%) Shares 695,792 (-39.0%) Est. Cost $10.82 Unrealized —

— HANCOCK JOHN INCOME SECS TR 0.8%

Value $8.723M (-31.3%) Shares 791,168 (-31.8%) Est. Cost $12.43 Unrealized —

LQD ISHARES TR 0.3%

Value $2.889M (-56.0%) Shares 26,490 (-56.1%) Est. Cost $107.04 Unrealized —

— TCW STRATEGIC INCOME FD INC 0.7%

Value $8.162M (-30.3%) Shares 1,809,792 (-30.6%) Est. Cost $4.71 Unrealized —

VMBS VANGUARD SCOTTSDALE FDS 1.1%

Value $12.41M (-21.1%) Shares 265,040 (-20.9%) Est. Cost $45.80 Unrealized —

— ADAMS DIVERSIFIED EQUITY FD 0.3%

Value $3.662M (-47.0%) Shares 143,339 (-54.6%) Est. Cost $15.60 Unrealized —

— TAIWAN FD INC 0.9%

Value $10.67M (+41.8%) Shares 110,989 (-3.1%) Est. Cost $18.57 Unrealized —

— DOUBLELINE INCOME SOLUTIONS 0.3%

Value $3.488M (-42.2%) Shares 315,345 (-43.4%) Est. Cost $11.21 Unrealized —

— FLAHERTY & CRUMRIN PFD & INM 0.2%

Value $2.785M (-47.1%) Shares 171,099 (-49.7%) Est. Cost $15.46 Unrealized —

— PUTNAM PREMIER INCOME TR 0.3%

Value $3.936M (-36.5%) Shares 1,127,808 (-35.4%) Est. Cost $3.70 Unrealized —

— BLACKROCK MUN TARGET TERM TR 0.6%

Value $6.535M (-25.3%) Shares 287,241 (-25.5%) Est. Cost $21.15 Unrealized —

— BROOKFIELD REAL ASSETS INCOM 0.3%

Value $2.984M (-42.4%) Shares 231,703 (-42.5%) Est. Cost $13.44 Unrealized —

XLE SELECT SECTOR SPDR TR 0.2%

Value $2.197M (-49.9%) Shares 41,370 (-42.2%) Est. Cost $61.26 Unrealized —

— HANCOCK JOHN INVS TR 0.4%

Value $4.666M (-29.8%) Shares 350,331 (-32.0%) Est. Cost $12.98 Unrealized —

— BLACKROCK HEALTH SCIENCES TR 0.6%

Value $7.025M (-21.8%) Shares 163,553 (-29.9%) Est. Cost $40.46 Unrealized —

— WESTERN ASSET INVESTMENT GRA 0.6%

Value $6.767M (-22.3%) Shares 558,367 (-22.4%) Est. Cost $12.40 Unrealized —

— ALLSPRING MULTI SECTOR INCOM 0.3%

Value $2.873M (-39.3%) Shares 311,920 (-40.7%) Est. Cost $9.23 Unrealized —

— MORGAN STANLEY CHINA A SH FD 0.7%

Value $8.542M (-17.4%) Shares 406,007 (-31.3%) Est. Cost $23.37 Unrealized —

— NEUBERGER MUN FD INC 0.7%

Value $8.51M (-16.7%) Shares 806,630 (-19.9%) Est. Cost $10.33 Unrealized —

— NEW GERMANY FD INC 0.8%

Value $9.299M (-14.7%) Shares 811,397 (-23.9%) Est. Cost $14.52 Unrealized —

— NUVEEN NASDAQ 100 DYNAMIC OV 0.6%

Value $7.388M (-17.5%) Shares 245,130 (-27.0%) Est. Cost $24.89 Unrealized —

— NUVEEN SELECT MAT MUN FD 0.5%

Value $5.989M (-20.2%) Shares 635,777 (-20.0%) Est. Cost $9.00 Unrealized —

— EATON VANCE NATL MUN OPPORT 0.6%

Value $7.449M (-16.5%) Shares 422,771 (-18.9%) Est. Cost $17.44 Unrealized —

— ABRDN EMERGING MARKETS EX CH 0.7%

Value $7.615M (-16.2%) Shares 793,245 (-36.3%) Est. Cost $6.75 Unrealized —

— ABRDN AUSTRALIA EQUITY FD IN 0.4%

Value $4.181M (-24.9%) Shares 337,687 (-26.5%) Est. Cost $12.92 Unrealized —

— EATON VANCE SR INCOME TR 0.3%

Value $3.189M (-30.3%) Shares 640,377 (-30.2%) Est. Cost $5.32 Unrealized —

XLB SELECT SECTOR SPDR TR 0.0%

Value $426K (-75.0%) Shares 8,375 (-75.4%) Est. Cost $49.97 Unrealized —

— HANCOCK JOHN PREM DIVID FD 0.2%

Value $2.412M (-33.6%) Shares 186,275 (-32.9%) Est. Cost $12.79 Unrealized —

— TEMPLETON EMERGING MKTS FD 0.8%

Value $8.865M (+15.7%) Shares 381,799 (-12.8%) Est. Cost $14.54 Unrealized —

— WESTERN ASSET INVT GRADE OPP 0.5%

Value $5.341M (-18.4%) Shares 331,558 (-18.5%) Est. Cost $16.82 Unrealized —

— BLACKSTONE LONG SHORT CR INC 0.1%

Value $1.075M (-49.7%) Shares 98,815 (-49.6%) Est. Cost $10.90 Unrealized —

— FLAHERTY & CRUMRINE PFD INCO 0.2%

Value $1.85M (-36.4%) Shares 200,178 (-37.8%) Est. Cost $9.56 Unrealized —

— RIVERNORTH DOUBLELINE STRATE 0.1%

Value $1.534M (-40.7%) Shares 198,749 (-41.1%) Est. Cost $7.87 Unrealized —

— WESTERN ASSET INTER MUNI 0.2%

Value $2.338M (-30.5%) Shares 297,028 (-32.2%) Est. Cost $8.77 Unrealized —

— BLACKROCK MULTI SECTOR INC T 0.4%

Value $4.478M (-18.3%) Shares 357,676 (-18.3%) Est. Cost $12.72 Unrealized —

— BLACKROCK TAX MUNICPAL BD TR 0.1%

Value $1.649M (-37.5%) Shares 101,975 (-37.5%) Est. Cost $16.17 Unrealized —

— PUTNAM MUN OPPORTUNITIES TR 0.2%

Value $2.23M (-30.4%) Shares 211,609 (-32.0%) Est. Cost $10.61 Unrealized —

— ABRDN INCOME CREDIT STRATEGI 0.1%

Value $1.021M (-48.4%) Shares 196,439 (-49.4%) Est. Cost $5.93 Unrealized —

— PIMCO DYNAMIC INCOME STRATEG 0.1%

Value $946K (-50.3%) Shares 45,419 (-47.3%) Est. Cost $20.16 Unrealized —

— LIBERTY ALL-STAR GROWTH FD I 0.6%

Value $7.32M (-11.2%) Shares 1,338,233 (-9.9%) Est. Cost $5.44 Unrealized —

— COHEN & STEERS SELECT PFD & 0.1%

Value $1.265M (-41.7%) Shares 62,822 (-43.8%) Est. Cost $19.39 Unrealized —

— FIRST TR HIGH YIELD OPPRT 20 0.1%

Value $1.514M (-36.5%) Shares 110,505 (-37.3%) Est. Cost $14.59 Unrealized —

— FLAHERTY & CRUMRINE DYNAMIC 0.1%

Value $1.291M (-40.2%) Shares 62,441 (-42.0%) Est. Cost $21.42 Unrealized —

— NUVEEN CR STRATEGIES INCOME 0.2%

Value $2.677M (-23.1%) Shares 550,907 (-22.9%) Est. Cost $4.91 Unrealized —

— BLACKROCK MUNIYIELD QUALITY 0.1%

Value $1.41M (-36.0%) Shares 126,885 (-39.4%) Est. Cost $10.51 Unrealized —

— BLACKROCK MUNIHOLDINGS FD IN 0.1%

Value $1.262M (-37.6%) Shares 106,017 (-40.9%) Est. Cost $11.28 Unrealized —

— NUVEEN N Y MUN VALUE FD 0.4%

Value $4.365M (-14.8%) Shares 499,432 (-18.6%) Est. Cost $8.49 Unrealized —

— WESTERN ASSET PREMIER BD FD 0.2%

Value $2.78M (-18.3%) Shares 261,056 (-18.8%) Est. Cost $12.34 Unrealized —

— BLACKROCK HEALTH SCIENCES TE 0.6%

Value $6.788M (-8.1%) Shares 442,213 (-14.0%) Est. Cost $14.36 Unrealized —

— JOHN HANCOCK DIVERSIFIED INC 0.1%

Value $912K (-37.3%) Shares 79,413 (-40.7%) Est. Cost $10.22 Unrealized —

— BLACKROCK CORE BD TR 0.4%

Value $4.452M (-10.1%) Shares 485,533 (-10.2%) Est. Cost $9.52 Unrealized —

— COLUMBIA SELIGM PREM TECH GR 0.0%

Value $420K (-53.8%) Shares 7,800 (-67.4%) Est. Cost $36.79 Unrealized —

— DTF TAX-FREE INCOME 2028 TER 0.1%

Value $740K (-38.8%) Shares 64,091 (-39.3%) Est. Cost $13.51 Unrealized —

— INVESCO SR INCOME TR 0.1%

Value $760K (-37.8%) Shares 253,271 (-33.3%) Est. Cost $3.27 Unrealized —

— SPROTT FOCUS TR INC 0.1%

Value $1.009M (-30.9%) Shares 106,418 (-30.5%) Est. Cost $7.39 Unrealized —

— PUTNAM MASTER INTER INCOME T 0.1%

Value $717K (-36.1%) Shares 221,893 (-35.3%) Est. Cost $3.34 Unrealized —

— BLACKROCK CR ALLOCATION 0.0%

Value $550K (-40.2%) Shares 53,824 (-40.9%) Est. Cost $10.10 Unrealized —

— FLAHERTY & CRUMRINE PFD INCO 0.0%

Value $570K (-35.8%) Shares 49,004 (-38.3%) Est. Cost $11.74 Unrealized —

— VIRTUS GLOBAL MULTI-SECTOR I 0.1%

Value $614K (-32.8%) Shares 81,804 (-33.9%) Est. Cost $7.72 Unrealized —

— EUROPEAN EQUITY FD INC 1.2%

Value $14.29M (+2.0%) Shares 1,299,507 (-8.3%) Est. Cost $7.75 Unrealized —

— FIRST TR SR FLTG RATE INCOME 0.1%

Value $637K (-30.4%) Shares 65,892 (-30.5%) Est. Cost $9.84 Unrealized —

— WESTERN ASSET HIGH YIELD OPP 0.2%

Value $1.771M (-12.9%) Shares 166,567 (-12.5%) Est. Cost $10.81 Unrealized —

— WSTRN AST GLBL CORP OPP FD I 0.1%

Value $1.453M (-13.6%) Shares 135,431 (-13.4%) Est. Cost $11.11 Unrealized —

— BLACKROCK INCOME TR INC 0.2%

Value $2.769M (-5.7%) Shares 258,316 (-7.0%) Est. Cost $11.45 Unrealized —

— ABRDN LIFE SCIENCES INVESTOR 0.1%

Value $1.529M (-9.7%) Shares 76,387 (-26.6%) Est. Cost $14.05 Unrealized —

ITA ISHARES TR 0.1%

Value $1.126M (-8.8%) Shares 4,645 (-17.7%) Est. Cost $218.75 Unrealized —

— CLOUGH GLOBAL EQUITY FD 0.2%

Value $2.503M (+3.1%) Shares 290,341 (-10.0%) Est. Cost $6.75 Unrealized —

IEMG ISHARES INC 0.1%

Value $649K (-8.6%) Shares 7,830 (-23.1%) Est. Cost $69.75 Unrealized —

— ALLSPRING UTILITIES AND HIGH 0.3%

Value $3.802M (-1.3%) Shares 314,495 (-1.2%) Est. Cost $10.34 Unrealized —

— NUVEEN MULTI-MKT INCOME FD I 0.2%

Value $1.784M (-1.6%) Shares 304,472 (-1.1%) Est. Cost $7.13 Unrealized —

— MORGAN STANLEY INDIA INVT FD 0.0%

Value $256K (+6.1%) Shares 11,206 (-4.3%) Est. Cost $19.37 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
USHY	ISHARES TR	500,400 (-65.0%)	$18.52M (-64.8%)	1.6%	$36.80	—	BROAD USD HIGH	46435U853
BBJP	J P MORGAN EXCHANGE TRADED F	1,016,000 (-32.6%)	$76.51M (-26.3%)	6.7%	$62.09	—	BETABULDRS JAPAN	46641Q217
GOVT	ISHARES TR	2,295,222 (-32.6%)	$52.29M (-33.0%)	4.6%	$23.87	—	US TREAS BD ETF	46429B267
AGG	ISHARES TR	41,270 (-84.8%)	$4.085M (-84.8%)	0.4%	$97.25	—	CORE US AGGBD ET	464287226
BKLN	INVESCO EXCH TRADED FD TR II	941,815 (-53.8%)	$19.18M (-53.8%)	1.7%	$20.99	—	SR LN ETF	46138G508
EWL	ISHARES INC	885,747 (-32.1%)	$55.67M (-27.4%)	4.8%	$51.91	—	MSCI SWITZERLAND	464286749
FEZ	SPDR INDEX SHS FDS	1,843,028 (-21.6%)	$127M (-13.3%)	11.0%	$63.61	—	ST STR EU 50 ETF	78463X202
EUFN	ISHARES TR	2,281,602 (-25.8%)	$88.96M (-16.9%)	7.7%	$34.66	—	MSCI EURO FL ETF	464289180
—	PGIM SHORT DUR HIG YLD OPP F	979,170 (-43.0%)	$16.05M (-41.7%)	1.4%	$16.49	—	COM	69355J104
—	GENERAL AMERN INVS CO INC	109,527 (-60.4%)	$6.982M (-56.8%)	0.6%	$34.47	—	COM	368802104
—	EATON VANCE SR FLTNG RTE TR	889,618 (-43.9%)	$9.43M (-43.6%)	0.8%	$11.14	—	COM	27828Q105
—	JAPAN SMALLER CAPITALIZATION	2,724,109 (-24.0%)	$32.09M (-17.9%)	2.8%	$8.92	—	COM	47109U104
—	NUVEEN FLOATING RATE INCOME	1,218,608 (-43.7%)	$9.347M (-42.6%)	0.8%	$7.59	—	COM	67072T108
—	MFS INTER INCOME TR	4,448,916 (-29.8%)	$10.99M (-30.9%)	1.0%	$2.96	—	SH BEN INT	55273C107
—	WESTERN ASSET MANAGED MUNS F	851,888 (-36.0%)	$8.877M (-35.1%)	0.8%	$11.07	—	COM	95766M105
—	EATON VANCE FLOATING RATE IN	431,397 (-47.6%)	$4.659M (-47.2%)	0.4%	$11.32	—	COM	278279104
—	WESTERN AST INFL LKD OPP & I	708,052 (-40.6%)	$5.948M (-41.1%)	0.5%	$9.91	—	COM	95766R104
—	NUVEEN AMT-FREE MUN VALUE FD	804,410 (-26.0%)	$11.57M (-25.7%)	1.0%	$14.91	—	COM	670695105
—	DWS MUN INCOME TR	695,792 (-39.0%)	$6.401M (-38.3%)	0.6%	$10.82	—	COM	233368109
—	HANCOCK JOHN INCOME SECS TR	791,168 (-31.8%)	$8.723M (-31.3%)	0.8%	$12.43	—	COM	410123103
LQD	ISHARES TR	26,490 (-56.1%)	$2.889M (-56.0%)	0.3%	$107.04	—	IBOXX INV CP ETF	464287242
—	TCW STRATEGIC INCOME FD INC	1,809,792 (-30.6%)	$8.162M (-30.3%)	0.7%	$4.71	—	COM	872340104
VMBS	VANGUARD SCOTTSDALE FDS	265,040 (-20.9%)	$12.41M (-21.1%)	1.1%	$45.80	—	MTG-BKD SECS ETF	92206C771
—	ADAMS DIVERSIFIED EQUITY FD	143,339 (-54.6%)	$3.662M (-47.0%)	0.3%	$15.60	—	COM	006212104
—	TAIWAN FD INC	110,989 (-3.1%)	$10.67M (+41.8%)	0.9%	$18.57	—	COM	874036106
—	DOUBLELINE INCOME SOLUTIONS	315,345 (-43.4%)	$3.488M (-42.2%)	0.3%	$11.21	—	COM	258622109
—	FLAHERTY & CRUMRIN PFD & INM	171,099 (-49.7%)	$2.785M (-47.1%)	0.2%	$15.46	—	COM	338478100
—	PUTNAM PREMIER INCOME TR	1,127,808 (-35.4%)	$3.936M (-36.5%)	0.3%	$3.70	—	SH BEN INT	746853100
—	BLACKROCK MUN TARGET TERM TR	287,241 (-25.5%)	$6.535M (-25.3%)	0.6%	$21.15	—	COM SHS BEN IN	09257P105
—	BROOKFIELD REAL ASSETS INCOM	231,703 (-42.5%)	$2.984M (-42.4%)	0.3%	$13.44	—	SHS BEN INT	112830104
XLE	SELECT SECTOR SPDR TR	41,370 (-42.2%)	$2.197M (-49.9%)	0.2%	$61.26	—	ST STR ENERG ETF	81369Y506
—	HANCOCK JOHN INVS TR	350,331 (-32.0%)	$4.666M (-29.8%)	0.4%	$12.98	—	COM	410142103
—	BLACKROCK HEALTH SCIENCES TR	163,553 (-29.9%)	$7.025M (-21.8%)	0.6%	$40.46	—	COM	09250W107
—	WESTERN ASSET INVESTMENT GRA	558,367 (-22.4%)	$6.767M (-22.3%)	0.6%	$12.40	—	COM	95766T100
—	ALLSPRING MULTI SECTOR INCOM	311,920 (-40.7%)	$2.873M (-39.3%)	0.3%	$9.23	—	COM	94987D101
—	MORGAN STANLEY CHINA A SH FD	406,007 (-31.3%)	$8.542M (-17.4%)	0.7%	$23.37	—	COM	617468103
—	NEUBERGER MUN FD INC	806,630 (-19.9%)	$8.51M (-16.7%)	0.7%	$10.33	—	COM	64124P101
—	NEW GERMANY FD INC	811,397 (-23.9%)	$9.299M (-14.7%)	0.8%	$14.52	—	COM	644465106
—	NUVEEN NASDAQ 100 DYNAMIC OV	245,130 (-27.0%)	$7.388M (-17.5%)	0.6%	$24.89	—	COM SHS	670699107
—	NUVEEN SELECT MAT MUN FD	635,777 (-20.0%)	$5.989M (-20.2%)	0.5%	$9.00	—	SH BEN INT	67061T101
—	EATON VANCE NATL MUN OPPORT	422,771 (-18.9%)	$7.449M (-16.5%)	0.6%	$17.44	—	COM SHS	27829L105
—	ABRDN EMERGING MARKETS EX CH	793,245 (-36.3%)	$7.615M (-16.2%)	0.7%	$6.75	—	COM	00301W105
—	ABRDN AUSTRALIA EQUITY FD IN	337,687 (-26.5%)	$4.181M (-24.9%)	0.4%	$12.92	—	COM	003011111
—	EATON VANCE SR INCOME TR	640,377 (-30.2%)	$3.189M (-30.3%)	0.3%	$5.32	—	SH BEN INT	27826S103
XLB	SELECT SECTOR SPDR TR	8,375 (-75.4%)	$426K (-75.0%)	0.0%	$49.97	—	ST STR MATER ETF	81369Y100
—	HANCOCK JOHN PREM DIVID FD	186,275 (-32.9%)	$2.412M (-33.6%)	0.2%	$12.79	—	COM SH BEN INT	41013T105
—	TEMPLETON EMERGING MKTS FD	381,799 (-12.8%)	$8.865M (+15.7%)	0.8%	$14.54	—	COM	880191101
—	WESTERN ASSET INVT GRADE OPP	331,558 (-18.5%)	$5.341M (-18.4%)	0.5%	$16.82	—	COM	95790A101
—	BLACKSTONE LONG SHORT CR INC	98,815 (-49.6%)	$1.075M (-49.7%)	0.1%	$10.90	—	COM SHS BN INT	09257D102
—	FLAHERTY & CRUMRINE PFD INCO	200,178 (-37.8%)	$1.85M (-36.4%)	0.2%	$9.56	—	COM	33848E106
—	RIVERNORTH DOUBLELINE STRATE	198,749 (-41.1%)	$1.534M (-40.7%)	0.1%	$7.87	—	COM	76882G107
—	WESTERN ASSET INTER MUNI	297,028 (-32.2%)	$2.338M (-30.5%)	0.2%	$8.77	—	COM	958435109
—	BLACKROCK MULTI SECTOR INC T	357,676 (-18.3%)	$4.478M (-18.3%)	0.4%	$12.72	—	COM	09258A107
—	BLACKROCK TAX MUNICPAL BD TR	101,975 (-37.5%)	$1.649M (-37.5%)	0.1%	$16.17	—	SHS	09248X100
—	PUTNAM MUN OPPORTUNITIES TR	211,609 (-32.0%)	$2.23M (-30.4%)	0.2%	$10.61	—	SH BEN INT	746922103
—	ABRDN INCOME CREDIT STRATEGI	196,439 (-49.4%)	$1.021M (-48.4%)	0.1%	$5.93	—	COM	003057106
—	PIMCO DYNAMIC INCOME STRATEG	45,419 (-47.3%)	$946K (-50.3%)	0.1%	$20.16	—	COM SHS BEN INT	69346N107
—	LIBERTY ALL-STAR GROWTH FD I	1,338,233 (-9.9%)	$7.32M (-11.2%)	0.6%	$5.44	—	COM	529900102
—	COHEN & STEERS SELECT PFD &	62,822 (-43.8%)	$1.265M (-41.7%)	0.1%	$19.39	—	COM	19248Y107
—	FIRST TR HIGH YIELD OPPRT 20	110,505 (-37.3%)	$1.514M (-36.5%)	0.1%	$14.59	—	COM	33741Q107
—	FLAHERTY & CRUMRINE DYNAMIC	62,441 (-42.0%)	$1.291M (-40.2%)	0.1%	$21.42	—	SHS	33848W106
—	NUVEEN CR STRATEGIES INCOME	550,907 (-22.9%)	$2.677M (-23.1%)	0.2%	$4.91	—	COM SHS	67073D102
—	BLACKROCK MUNIYIELD QUALITY	126,885 (-39.4%)	$1.41M (-36.0%)	0.1%	$10.51	—	COM	09254E103
—	BLACKROCK MUNIHOLDINGS FD IN	106,017 (-40.9%)	$1.262M (-37.6%)	0.1%	$11.28	—	COM	09253N104
—	NUVEEN N Y MUN VALUE FD	499,432 (-18.6%)	$4.365M (-14.8%)	0.4%	$8.49	—	COM	67062M105
—	WESTERN ASSET PREMIER BD FD	261,056 (-18.8%)	$2.78M (-18.3%)	0.2%	$12.34	—	SHS BEN INT	957664105
—	BLACKROCK HEALTH SCIENCES TE	442,213 (-14.0%)	$6.788M (-8.1%)	0.6%	$14.36	—	COM SHS	09260E105
—	JOHN HANCOCK DIVERSIFIED INC	79,413 (-40.7%)	$912K (-37.3%)	0.1%	$10.22	—	COM	47804L102
—	BLACKROCK CORE BD TR	485,533 (-10.2%)	$4.452M (-10.1%)	0.4%	$9.52	—	SHS BEN INT	09249E101
—	COLUMBIA SELIGM PREM TECH GR	7,800 (-67.4%)	$420K (-53.8%)	0.0%	$36.79	—	COM	19842X109
—	DTF TAX-FREE INCOME 2028 TER	64,091 (-39.3%)	$740K (-38.8%)	0.1%	$13.51	—	COM	23334J107
—	INVESCO SR INCOME TR	253,271 (-33.3%)	$760K (-37.8%)	0.1%	$3.27	—	COM	46131H107
—	SPROTT FOCUS TR INC	106,418 (-30.5%)	$1.009M (-30.9%)	0.1%	$7.39	—	COM	85208J109
—	PUTNAM MASTER INTER INCOME T	221,893 (-35.3%)	$717K (-36.1%)	0.1%	$3.34	—	SH BEN INT	746909100
—	BLACKROCK CR ALLOCATION	53,824 (-40.9%)	$550K (-40.2%)	0.0%	$10.10	—	COM	092508100
—	FLAHERTY & CRUMRINE PFD INCO	49,004 (-38.3%)	$570K (-35.8%)	0.0%	$11.74	—	COM	338480106
—	VIRTUS GLOBAL MULTI-SECTOR I	81,804 (-33.9%)	$614K (-32.8%)	0.1%	$7.72	—	COM	92829B101
—	EUROPEAN EQUITY FD INC	1,299,507 (-8.3%)	$14.29M (+2.0%)	1.2%	$7.75	—	COM	298768102
—	FIRST TR SR FLTG RATE INCOME	65,892 (-30.5%)	$637K (-30.4%)	0.1%	$9.84	—	COM	33733U108
—	WESTERN ASSET HIGH YIELD OPP	166,567 (-12.5%)	$1.771M (-12.9%)	0.2%	$10.81	—	COM	95768B107
—	WSTRN AST GLBL CORP OPP FD I	135,431 (-13.4%)	$1.453M (-13.6%)	0.1%	$11.11	—	COM	95790C107
—	BLACKROCK INCOME TR INC	258,316 (-7.0%)	$2.769M (-5.7%)	0.2%	$11.45	—	COM NEW	09247F209
—	ABRDN LIFE SCIENCES INVESTOR	76,387 (-26.6%)	$1.529M (-9.7%)	0.1%	$14.05	—	SH BEN INT	87911K100
ITA	ISHARES TR	4,645 (-17.7%)	$1.126M (-8.8%)	0.1%	$218.75	—	US AER DEF ETF	464288760
—	CLOUGH GLOBAL EQUITY FD	290,341 (-10.0%)	$2.503M (+3.1%)	0.2%	$6.75	—	COM	18914C100
IEMG	ISHARES INC	7,830 (-23.1%)	$649K (-8.6%)	0.1%	$69.75	—	CORE MSCI EMKT	46434G103
—	ALLSPRING UTILITIES AND HIGH	314,495 (-1.2%)	$3.802M (-1.3%)	0.3%	$10.34	—	WF UTILITIES INC	94987E109
—	NUVEEN MULTI-MKT INCOME FD I	304,472 (-1.1%)	$1.784M (-1.6%)	0.2%	$7.13	—	COM	67075J107
—	MORGAN STANLEY INDIA INVT FD	11,206 (-4.3%)	$256K (+6.1%)	0.0%	$19.37	—	COM	61745C105

Unchanged Positions (14)

— CENTRAL SECS CORP 0.9%

Value $9.884M Shares 188,443 Est. Cost $31.51 Unrealized —

— EATON VANCE TAX MNGED BUY WR 0.4%

Value $4.63M Shares 297,953 Est. Cost $13.16 Unrealized —

— MEXICO FD INC 0.2%

Value $2.825M Shares 129,189 Est. Cost $14.98 Unrealized —

IEF ISHARES TR 0.9%

Value $10.62M Shares 112,316 Est. Cost $105.34 Unrealized —

— EATON VANCE TAX-MANAGED BUY- 0.1%

Value $1.403M Shares 94,313 Est. Cost $14.26 Unrealized —

— TEMPLETON DRAGON FD INC 0.3%

Value $3.721M Shares 341,657 Est. Cost $11.71 Unrealized —

— FEDERATED HERMES PREM MUNI I 0.1%

Value $1.043M Shares 90,804 Est. Cost $10.98 Unrealized —

XLP SELECT SECTOR SPDR TR 0.3%

Value $3.81M Shares 45,860 Est. Cost $81.83 Unrealized —

— BNY MELLON MUN BD INFRASTRUC 0.1%

Value $807K Shares 73,129 Est. Cost $11.16 Unrealized —

— BNY MELLON STRATEGIC MUNS IN 0.1%

Value $1.332M Shares 206,145 Est. Cost $6.51 Unrealized —

— INVESCO BD FD 0.5%

Value $5.5M Shares 362,779 Est. Cost $15.17 Unrealized —

— BNY MELLON STRATEGIC MUN BD 0.1%

Value $980K Shares 159,401 Est. Cost $6.23 Unrealized —

— BNY MELLON HIGH YIELD STRATE 0.2%

Value $2.577M Shares 1,064,793 Est. Cost $2.41 Unrealized —

— FIRST TR MTG INCOME FD 0.1%

Value $724K Shares 61,582 Est. Cost $15.04 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CENTRAL SECS CORP	188,443	$9.884M	0.9%	$31.51	—	COM	155123102
—	EATON VANCE TAX MNGED BUY WR	297,953	$4.63M	0.4%	$13.16	—	COM	27828X100
—	MEXICO FD INC	129,189	$2.825M	0.2%	$14.98	—	COM	592835102
IEF	ISHARES TR	112,316	$10.62M	0.9%	$105.34	—	7-10 YR TRSY BD	464287440
—	EATON VANCE TAX-MANAGED BUY-	94,313	$1.403M	0.1%	$14.26	—	COM	27828Y108
—	TEMPLETON DRAGON FD INC	341,657	$3.721M	0.3%	$11.71	—	COM	88018T101
—	FEDERATED HERMES PREM MUNI I	90,804	$1.043M	0.1%	$10.98	—	COM	31423P108
XLP	SELECT SECTOR SPDR TR	45,860	$3.81M	0.3%	$81.83	—	ST STR STAPL ETF	81369Y308
—	BNY MELLON MUN BD INFRASTRUC	73,129	$807K	0.1%	$11.16	—	COM SHS	09662W109
—	BNY MELLON STRATEGIC MUNS IN	206,145	$1.332M	0.1%	$6.51	—	COM	05588W108
—	INVESCO BD FD	362,779	$5.5M	0.5%	$15.17	—	COM	46132L107
—	BNY MELLON STRATEGIC MUN BD	159,401	$980K	0.1%	$6.23	—	COM	09662E109
—	BNY MELLON HIGH YIELD STRATE	1,064,793	$2.577M	0.2%	$2.41	—	SH BEN INT	09660L105
—	FIRST TR MTG INCOME FD	61,582	$724K	0.1%	$15.04	—	COM SHS	33734E103