Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	SUNAMERICA FCSED ALPHA GRW F	3,037,191	$47.93M	18.6%	$15.78	$13.97	—	Com	867037103
—	SUNAMERICA FOCUSE ALPHA LC F	1,695,805	$24.54M	9.5%	$14.47	$13.74	—	Com	867038101
—	GYRODYNE CO AMER INC	237,332	$18.22M	7.1%	$76.76	$41.88	—	Com	403820103
—	FIRST TR FOUR CRNRS SR FLT R	1,103,933	$15.09M	5.9%	$13.67	$12.73	—	COM SHS	33733Q107
—	LIBERTY ACQUISITION HLDGS CO	1,429,535	$14.71M	5.7%	$10.29	$9.79	—	Com	53015Y107
—	LIBERTY ALL-STAR GROWTH FD I	3,455,803	$13.18M	5.1%	$3.81	$3.60	—	Com	529900102
CASY	CASEYS GEN STORES INC	290,898	$12.14M	4.7%	$41.75	$41.75	—	Com	147528103
—	BLUE CHIP VALUE FD INC	3,402,450	$11.18M	4.3%	$3.28	$3.20	—	Com	095333100
—	KOREA EQUITY FD INC	760,150	$8.4M	3.3%	$11.05	$9.29	—	Com	50063B104
—	MORGAN STANLEY ASIA PAC FD I	527,060	$8.291M	3.2%	$15.73	$14.77	—	Com	61744U106
—	NEUBERGER BERMAN REAL ESTATE	1,588,036	$5.812M	2.3%	$3.66	$3.15	—	COM	64190A103
—	COHEN & STEERS INFRASTRUCTUR	341,939	$5.444M	2.1%	$15.92	$14.72	—	Com	19248A109
—	LIBERTY ALL STAR EQUITY FD	1,112,743	$4.907M	1.9%	$4.41	$4.46	—	SH BEN INT	530158104
—	TRI CONTL CORP	391,619	$4.829M	1.9%	$12.33	$11.56	—	Com	895436103
—	ROYCE VALUE TR INC	393,027	$4.771M	1.9%	$12.14	$11.59	—	Com	780910105
—	ROYCE MICRO-CAP TR INC	460,101	$3.769M	1.5%	$8.19	$8.00	—	Com	780915104
—	INVESCO HIGH YIELD INVST FD	626,931	$3.711M	1.4%	$5.92	$5.75	—	Com	46133K108
—	LMP CAP & INCOME FD INC	315,641	$3.604M	1.4%	$11.42	$10.43	—	Com	50208A102
—	DWS RREEF WORLD REAL EST & T	189,716	$3.256M	1.3%	$17.16	$14.66	—	COM NEW	23339T209
—	BOULDER TOTAL RETURN FD INC	197,425	$2.985M	1.2%	$15.12	$14.58	—	Com	101541100
—	ADAMS EXPRESS CO	286,989	$2.858M	1.1%	$9.96	$9.82	—	Com	006212104
—	MVC CAPITAL INC	215,070	$2.789M	1.1%	$12.97	$12.82	—	Com	553829102
—	NFJ DIVID INT & PREM STRTGY FD	169,582	$2.673M	1.0%	$15.76	$15.03	—	COM SHS	65337H109
—	H & Q HEALTHCARE INVESTORS SH	181,415	$2.191M	0.9%	$12.08	$10.94	—	SH BEN INT	404052102
—	MACQUARIE FT TR GB INF UT DIV	158,600	$2.101M	0.8%	$13.25	$13.25	—	Com	55607W100
—	ARMOUR RESIDENTIAL REIT INC	287,494	$2.018M	0.8%	$7.02	$7.02	—	Com	042315101
—	RIVERSOURCE LASALLE INTL R/E	214,975	$2.002M	0.8%	$9.31	$8.18	—	Com	76932W102
—	BOULDER GROWTH & INCOME FD INC	316,668	$1.97M	0.8%	$6.22	$6.05	—	Com	101507101
—	FIRST OPPORTUNITY FD INC	290,606	$1.898M	0.7%	$6.53	$6.29	—	Com	33587T108
—	MONMOUTH REAL ESTATE INV COR	223,992	$1.752M	0.7%	$7.82	$7.39	—	CL A	609720107
—	MACQUARIE GLBL INFRA TOTL RE	96,049	$1.587M	0.6%	$16.52	$14.08	—	Com	55608D101
—	GABELLI GLOBAL MULTIMEDIA TR	196,739	$1.497M	0.6%	$7.61	$7.16	—	Com	36239Q109
—	ELLSWORTH FUND LTD	205,832	$1.476M	0.6%	$7.17	$6.56	—	Com	289074106
—	WINN DIXIE STORES INC	192,299	$1.371M	0.5%	$7.13	$8.89	—	COM NEW	974280307
—	DWS DREMAN VAL INCOME EDGE F	96,761	$1.296M	0.5%	$13.39	$12.24	—	Com	23339M204
—	CLAYMORE DIVID & INCOME FD	90,464	$1.284M	0.5%	$14.19	$15.38	—	COM	18385J105
—	MEXICO EQUITY AND INCOME FD	128,845	$1.272M	0.5%	$9.87	$7.65	—	Com	592834105
—	ROBERTS REALTY INVS	736,202	$1.126M	0.4%	$1.53	$1.30	—	Com	769900101
—	H & Q LIFE SCIENCES INVS	85,554	$820K	0.3%	$9.58	$9.59	—	SH BEN INT	404053100
—	BANCROFT FUND LTD	47,670	$778K	0.3%	$16.32	$15.13	—	Com	059695106
—	ZWEIG TOTAL RETURN FD INC	185,000	$705K	0.3%	$3.81	$3.81	—	Com	989837109
—	JOHN HANCOCK BK &THRIFT OPP	43,047	$638K	0.2%	$14.82	$15.13	—	SH BEN INT NEW	409735206
—	COHEN & STEERS DIV MJRS FDIN	47,640	$539K	0.2%	$11.31	$11.31	—	Com	19248G106
—	TAIWAN GREATER CHINA FD SH BEN	80,078	$539K	0.2%	$6.73	$6.33	—	SH BEN INT	874037104
—	GABELLI DIVD & INCOME TR	37,179	$518K	0.2%	$13.93	$13.64	—	Com	36242H104
—	FIRST TR/FOUR CRNRS SR FLOAT	31,900	$430K	0.2%	$13.48	$12.57	—	Com	33733U108
MYRX	MYREXIS INC	75,000	$289K	0.1%	$3.85	$3.76	—	Com	62856H107
EQS	EQUUS TOTAL RETURN	100,710	$239K	0.1%	$2.37	$2.42	—	Com	294766100
—	ZWEIG FD	72,220	$235K	0.1%	$3.25	$3.31	—	Com	989834106
—	CENTRAL SECS CORP	10,750	$214K	0.1%	$19.91	$19.81	—	Com	155123102
—	DCA TOTAL RETURN FD	54,636	$167K	0.1%	$3.06	$2.78	—	Com	233066109
—	CAPITAL GOLD CORP	34,446	$166K	0.1%	$4.82	$4.82	—	COM NEW	14018Y205
—	NUVEEN MULTI STRAT INC & GR	17,300	$149K	0.1%	$8.61	$7.52	—	Com	67073B106
—	SEANERGY MARITIME HLDGS CORP	125,000	$139K	0.1%	$1.11	$1.15	—	SHS	Y73760103
—	ROYCE FOCUS TR COM	17,500	$111K	0.0%	$6.34	$6.34	—	COM	78080N108
—	AMERITRANS CAPTL CORPORATION	94,800	$104K	0.0%	$1.10	$1.30	—	Com	03073H108
—	STREAM GLOBAL SVCS INC	517,426	$98,000	0.0%	$0.19	$0.51	—	*W EXP 10/17/201	86323M118
—	Put CASEY'S GENERAL 11/20/2010 40.00	263,700	$88,000	0.0%	$0.33	—	—	Put	147528953
—	INDIA GLOBALIZATION CAP INC	50,000	$59,000	0.0%	$1.18	$1.38	—	COM	45408X100
—	Put SPDR S&P 500 ET Apr10 115.00	35,100	$30,000	0.0%	$0.85	—	—	Put	78462F953
—	Put ISHARES BARCLAY 12/18/2010 100.00	10,000	$15,000	0.0%	$1.50	—	—	Put	OP113602
—	CREDIT SUISSE HIGH YIELD	142,600	$10,000	0.0%	$0.07	$0.07	—	RIGHT 99/99/9999	22544F111