Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	EATON VANCE RISK-MANAGED DIV	6,265,796	$68.86M	16.7%	$10.99	$10.68	—	COM	27829G106
—	LIBERTY ALL STAR EQUITY FUND	8,416,159	$43.51M	10.5%	$5.17	$5.89	—	SH BEN INT	530158104
—	ZWEIG TOTAL RETURN FUND INC	2,085,738	$27.18M	6.6%	$13.03	$12.62	—	COM	989837208
—	THAI CAPITAL FUND INC	1,362,132	$19.08M	4.6%	$14.01	$11.57	—	COM	882905201
—	AMERICAN STRATEGIC INC III	2,252,675	$16.42M	4.0%	$7.29	$6.93	—	COM	03009T101
SVVC	FIRSTHAND TECHNOLOGY VALUE	823,410	$15.88M	3.8%	$19.29 *	$17.46	+6.0%	COM	33766Y100
—	THAI FUND INC	597,097	$14.28M	3.5%	$23.91	$16.35	—	COM	882904105
—	GYRODYNE CO OF AMERICA INC	151,139	$11.11M	2.7%	$73.51	$47.81	—	COM	403820103
—	GENERAL AMERN INVS INC	349,620	$10.92M	2.6%	$31.23	$31.23	—	COM	368802104
—	MVC CAPITAL INC	823,331	$10.56M	2.6%	$12.83	$12.57	—	COM	553829102
—	IMPERIAL HOLDINGS INC	2,428,493	$9.835M	2.4%	$4.05	$2.90	—	COM	452834104
—	AQUASITION CORP	915,522	$9.201M	2.2%	$10.05	$10.03	—	UNIT	Y0192H129
—	SCG FINL ACQUISITION CORP	850,000	$8.364M	2.0%	$9.84	$9.69	—	COM	78404K103
—	ALPINE TOTAL DYNAMIC DIVIDEN	1,894,593	$7.749M	1.9%	$4.09	$4.09	—	COM	21060108
—	CLOUGH GLOBAL EQUITY FUND	476,037	$6.998M	1.7%	$14.70	$13.29	—	COM	18914C100
—	TRI CONTL CORP	391,619	$6.873M	1.7%	$17.55	$11.56	—	COM	895436103
LEN/B	LENNAR CORP - B SHS	189,928	$6.127M	1.5%	$32.26 *	$26.33	0.0%	CL B	526057302
—	COLLABRIUM JAPAN ACQUISITION	600,000	$6M	1.5%	$10.00	$10.00	—	COM	G2266G102
—	BOULDER GROWTH & INCOME FUND	803,301	$5.888M	1.4%	$7.33	$6.30	—	COM	101507101
—	ROYCE VALUE TR INC	380,614	$5.732M	1.4%	$15.06	$11.48	—	COM	780910105
—	JAVELIN MTG INVT CORP	280,166	$5.505M	1.3%	$19.65	$19.09	—	COM	47200B104
—	AMER STRAT INCOME PORT INC II	611,152	$5.433M	1.3%	$8.89	$8.89	—	COM	30099105
—	SWISS HELVETIA FUND	433,653	$5.317M	1.3%	$12.26	$11.40	—	COM	870875101
—	BGS ACQUISITION CORP	525,300	$5.279M	1.3%	$10.05	$9.86	—	UNIT	G1082J126
—	INDIA FUND INC	245,497	$5.214M	1.3%	$21.24	$21.36	—	COM	454089103
GAIN	GLADSTONE INVESTMENT CORP	703,600	$5.143M	1.2%	$7.31 *	$5.02	-59.9%	COM	376546107
—	ROYCE MICRO-CAP TR INC	475,643	$5.089M	1.2%	$10.70	$8.13	—	COM	780915104
—	CIS AQUISITION LTD	435,000	$4.402M	1.1%	$10.12	$10.12	—	UNIT	G21490506
—	MACQUARIE GLOBAL INFR TOT RT	194,951	$4.127M	1.0%	$21.17	$17.36	—	COM	55608D101
—	BOULDER TOTAL RETURN FD INC	197,425	$4.126M	1.0%	$20.90	$14.58	—	COM	101541100
—	ANDINA ACQUISITION CORP	410,000	$4.079M	1.0%	$9.95	$10.66	—	COM	G0440W100
—	PRIME ACQUISITION CORP	352,946	$3.512M	0.9%	$9.95	$9.57	—	SHS	G72436101
—	CENTRAL SECS CORP	163,518	$3.396M	0.8%	$20.77	$20.12	—	COM	155123102
—	CENTRAL EUROPE & RUSSIA FD INC	100,168	$3.282M	0.8%	$32.76	$33.80	—	COM	153436100
—	ADAMS EXPRESS CO	260,693	$3.061M	0.7%	$11.74	$10.59	—	COM	6212104
—	INFINITY CROSS BORDER ACQUIS	363,700	$2.8M	0.7%	$7.70	$7.90	—	COM	G4772R101
—	NEUBERGER BERMAN REAL ESTATE	517,803	$2.672M	0.6%	$5.16	$3.21	—	COM	64190A103
—	SUPERVALU INC	479,000	$2.414M	0.6%	$5.04	$5.04	—	COM	868536103
—	HYDE PARK ACQUISITION CORP II	220,000	$2.266M	0.5%	$10.30	$10.05	—	COM	448640102
—	BANCROFT FUND LTD	121,497	$2.127M	0.5%	$17.51	$16.59	—	COM	59695106
—	BLUE WOLF MONGOLIA HOLDINGS CP	193,900	$1.925M	0.5%	$9.93	$9.21	—	SHS	G11962100
—	ROI ACQUISITION CORP	199,900	$1.919M	0.5%	$9.60	$9.55	—	COM	74966A104
—	ELLSWORTH FUND LTD	195,497	$1.494M	0.4%	$7.64	$6.98	—	COM	289074106
—	CLOUGH GLBL OPPORTUNITIES FD	115,599	$1.488M	0.4%	$12.87	$10.90	—	SH	18914E106
—	CHART ACQUISITION CORP	140,872	$1.344M	0.3%	$9.54	$9.54	—	COM	161151105
—	DIVIDEND & INCOME FUND	85,741	$1.312M	0.3%	$15.30	$13.56	—	COM	25538A204
EQS	EQUUS TOTAL RETURN INC	558,754	$1.207M	0.3%	$2.16 *	$2.28	-2.6%	COM	294766100
—	MEXICO EQUITY AND INCOME FD	71,750	$1.2M	0.3%	$16.72	$7.65	—	COM	592834105
—	ABERDEEN ISRAEL FUND	82,016	$1.198M	0.3%	$14.61	$13.23	—	COM	00301L109
—	NEW IRELAND FUND INC	106,428	$1.105M	0.3%	$10.38	$8.06	—	COM	645673104
—	BOX SHIPS INCORPORATED	199,000	$925K	0.2%	$4.65	$4.65	—	SHS	Y09675102
PFLT	PENNANTPARK FLOATING RATE CA	65,954	$921K	0.2%	$13.96 *	$3.88	0.0%	COM	70806A106
—	ROBERTS REALTY INVESTORS INC	683,087	$915K	0.2%	$1.34	$1.43	—	COM	769900101
—	NEW GERMANY FD INC	54,357	$915K	0.2%	$16.83	$16.83	—	COM	644465106
—	US GEOTHERMAL INC	2,000,000	$690K	0.2%	$0.34	$0.36	—	COM	90338S102
—	MORGAN STANLEY ASIA PACIFIC	37,516	$606K	0.1%	$16.15	$14.32	—	COM	61744U106
HTGC	HERCULES TECHNOLOGY GROWTH	45,250	$554K	0.1%	$12.24	$12.16	0.0%	COM	427096508
—	GDL FUND COM SH BEN IT	40,028	$472K	0.1%	$11.79	$13.44	—	COM	361570104
—	EATON VANCE TAX MNGD GBL DV EQ	43,000	$401K	0.1%	$9.33	$8.81	—	COM	27829F108
—	EUROPEAN EQUITY FUND INC/THE	53,962	$383K	0.1%	$7.10	$7.10	—	COM	298768102
—	ZWEIG FUND INC	25,717	$334K	0.1%	$12.99	$12.99	—	COM	989834205
—	INVESCO DYNAMIC CREDIT OPPO	19,203	$259K	0.1%	$13.49	$13.49	—	COM	46132R104
MYRX	MYREXIS INC	2,629,889	$250K	0.1%	$0.10 *	$2.79	-43.0%	COM	62856H107
—	VIRTUS TOTAL RETURN FD	59,636	$245K	0.1%	$4.11	$3.81	—	COM	92829A103
—	PROMOTORA DE INFO-B-ADR	180,984	$223K	0.1%	$1.23	$9.54	—	CONV	74343G303
—	GABELLI HLTHCARE & WELLNESS	19,070	$190K	0.0%	$9.96	$7.33	—	SHS	36246K103
—	SANDRIDGE ENERGY INC	25,000	$132K	0.0%	$5.28	$6.36	—	COM	80007P307
—	TICC CAPITAL CORP	11,000	$109K	0.0%	$9.91	$9.91	—	COM	87244T109
—	PROMOTORA DE INFORMA-ADR	57,937	$64,000	0.0%	$1.10	$4.49	—	ADR CL A SHS	74343G204
—	UNIVERSAL BUSINESS PMT SOL AC	19,092	$53,000	0.0%	$2.78	$5.82	—	COM	913384103