Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SWISS HELVETIA FUND	2,111,785	$25.87M	7.1%	$11.75	—	COM	870875101
STC	STEWART INFORMATION SERVICES	502,648	$22.09M	6.0%	$38.27	+12.5%	COM	860372101
—	HILL INTERNATIONAL INC	3,570,458	$20.35M	5.6%	$4.33	—	COM	431466101
XXCHNXX	CHINA FUND INC	836,651	$18.52M	5.1%	$19.17	—	COM	169373107
—	PUTNAM HIGH INCOME SECURITIE	1,972,832	$17.83M	4.9%	$8.33	—	SHS BEN INT	746779107
—	NEW YORK REIT INC	712,106	$15.32M	4.2%	$8.74	—	COM	64976L109
—	ABERDEEN CHILE FD INC	1,200,518	$10.85M	3.0%	$7.56	—	COM	00301W105
—	DELAWARE ENHANCED GBL DIV &	876,537	$10.13M	2.8%	$11.05	—	COM	246060107
—	CENTRAL SECS CORP COM	368,295	$9.819M	2.7%	$16.35	—	COM	155123102
PHUN	STELLAR ACQUISITION III INC	853,049	$8.799M	2.4%	$10.18	—	COM	Y8172W107
—	JAPAN SMALLER CAPTLZTN FD INC	685,169	$8.421M	2.3%	$10.13	—	COM	47109U104
—	MVC CAPITAL INC	802,106	$7.965M	2.2%	$12.69	—	COM	553829102
—	ALLIANCE CALIF MUNI INCOME	625,484	$7.95M	2.2%	$12.92	—	COM	018546101
—	DEUTSCHE MULTI-MARKET INCOME	879,059	$7.718M	2.1%	$8.81	—	SHS	25160E102
—	SOURCE CAPITAL INC	191,957	$7.658M	2.1%	$38.91	—	COM	836144105
—	TAIWAN FD INC	358,140	$7.575M	2.1%	$20.74	—	COM	874036106
—	TRI CONTL CORP COM	263,957	$6.945M	1.9%	$11.64	—	COM	895436103
—	MORGAN STANLEY ASIA PAC FD	373,673	$6.805M	1.9%	$9.38	—	COM	61744U106
—	ABERDEEN SINGAPORE FD INC	495,436	$6.569M	1.8%	$10.28	—	COM	003244100
—	UNION ACQUISITION CORP UNITS	600,000	$6.138M	1.7%	$10.23	—	Unit	G9366W119
—	INDUSTREA ACQUISITION CORP	600,000	$5.886M	1.6%	$9.81	—	COM	45579J104
XJEQX	ABERDEEN JAPAN EQUITY FD	618,996	$5.67M	1.5%	$8.61	—	COM	00306J109
—	ABERDEEN ISRAEL FUND INC	290,182	$5.653M	1.5%	$19.47	—	COM	00301L109
—	CM SEVEN STAR ACQUISTION	510,394	$4.971M	1.4%	$9.65	—	SHS	G2345N102
—	KBL MERGER CORP IV	501,000	$4.935M	1.3%	$9.85	—	COM	48242A104
—	BOULDER GROWTH & INCM FD INC	426,605	$4.599M	1.3%	$7.58	—	COM	101507101
—	ABERDEEN GTR CHINA FD	337,765	$4.553M	1.2%	$11.94	—	COM	003031101
—	ABERDEEN LATIN AMERICAN EQTY	152,417	$4.173M	1.1%	$27.10	—	COM	00306K106
—	GREAT ELM CAP CORP	415,072	$3.827M	1.0%	$11.67	—	COM	390320109
—	BLACK RIDGE ACQUISITION CORP COM	380,300	$3.685M	1.0%	$9.69	—	COM	09216T107
—	ADAMS EXPRESS COMPANY	239,896	$3.543M	1.0%	$12.86	—	COM	006212104
—	NUVEEN CONNECTICUT QLTY MUN FD	298,595	$3.434M	0.9%	$12.04	—	COM	67060D107
—	TIBERIUS ACQUISTION	325,000	$3.271M	0.9%	$10.06	—	Units	88633A206
—	AVISTA HEALTHCARE PUB ACQ CO	302,136	$2.994M	0.8%	$9.87	—	COM	G0726L125
—	ATLANTIC ACQUISITION CORP	299,750	$2.974M	0.8%	$9.86	—	COM	048206106
—	FRANKLIN UNVL TR	435,867	$2.946M	0.8%	$7.14	—	SH BEN INT	355145103
—	DEUTSCHE STRATEGIC INCOME TR	239,751	$2.94M	0.8%	$12.44	—	SHS	25160F109
—	MODERN MEDIA ACQUISITION COR	289,686	$2.882M	0.8%	$9.76	—	COM	60765P103
—	LAZARD WORLD DIVIDEND & INCOME	235,666	$2.71M	0.7%	$11.23	—	COM	521076109
—	M I ACQUISITIONS INC	248,696	$2.596M	0.7%	$10.15	—	COM	55304A104
—	I-AM CAPITAL ACQUISITION CO	250,000	$2.49M	0.7%	$9.86	—	COM	45074Q108
—	DRAPER OAKWOOD TECHNOLOGY AC	249,996	$2.465M	0.7%	$9.86	—	COM	26146L103
—	BIG ROCK PARTNERS ACQUISTION	251,505	$2.455M	0.7%	$9.76	—	COM	089482103
—	ABERDEEN INDONESIA FD	323,672	$2.36M	0.6%	$7.65	—	COM	00305P106
—	ASIA TIGERS FUND INC	186,265	$2.343M	0.6%	$10.19	—	COM	04516T105
—	GIGCAPITAL INC	239,988	$2.315M	0.6%	$9.65	—	COM	37518N106
—	MTECH ACQUISITION CORP.	235,000	$2.251M	0.6%	$9.58	—	COM	55378W107
—	BLACKROCK NEW YORK MUN INCOME QUALITY TR COM	173,541	$2.169M	0.6%	$12.81	—	COM	09249U105
HUNTF	HUNTER MARITIME ACQUISITION	219,825	$2.15M	0.6%	$9.83	-0.2%	CL A	Y37828111
—	DELAWARE INV DIVIDEND & INV	193,189	$2.038M	0.6%	$10.06	—	COM	245915103
—	NEW IRELAND FUND	166,645	$2.008M	0.5%	$12.75	—	COM	645673104
—	ABERDEEN EMERGING MKTS SMALL	135,335	$2.003M	0.5%	$14.21	—	COM	00301T102
—	BISON CAPITAL ACQUISITION	199,998	$1.988M	0.5%	$9.94	—	COM	G1142P104
—	PENSARE ACQUISITION CORP	176,141	$1.712M	0.5%	$9.66	—	COM	70957E105
—	LEISURE ACQUISITION CORP UNIT	172,500	$1.707M	0.5%	$9.90	—	Unit	52539T206
—	GENERAL AMERICAN INVESTORS	48,808	$1.634M	0.4%	$36.71	—	COM	368802104
—	MUDRICK CAPITAL ACQUISTION	150,000	$1.533M	0.4%	$10.22	—	Units	624745204
—	OPES ACQUISTION CORP.	150,000	$1.508M	0.4%	$10.05	—	Units	68373P209
—	ALPINE TOTAL DYNAMIC DIVIDEND	160,670	$1.436M	0.4%	$8.94	—	COM	021060207
TPHS	TRINITY PLACE HOLDINGS INC	208,166	$1.353M	0.4%	$6.93	-4.8%	COM	89656D101
—	DIVIDEND & INCOME FD COM NEW	101,000	$1.269M	0.3%	$12.72	—	COM NEW	25538A204
—	HAYMAKER ACQUISITION CORP UNIT 1 COM & 1/2 WT EXP EXP 10/23/24	120,600	$1.2M	0.3%	$9.95	—	Unit	420870206
EQS	EQUUS TOTAL RETURN INC	497,162	$1.183M	0.3%	$2.32	+3.2%	COM	294766100
—	CONSTELLATION ALPHA CAPITAL CORP	109,500	$1.081M	0.3%	$9.79	—	SHS	G2379F108
—	LAZARD GLOBAL TOT RT & INC	39,901	$793K	0.2%	$13.48	—	COM	52106W103
—	ALPINE GLOBAL PREMIER PPTYS	123,487	$771K	0.2%	$5.72	—	COM	02083A103
—	HERZFELD CARIBBEAN BASIN FD	69,940	$503K	0.1%	$6.83	—	COM	42804T106
—	ASIA PAC FD INC COM	30,920	$458K	0.1%	$14.42	—	COM	044901106
—	GSV CAPITAL CORP	60,104	$453K	0.1%	$9.37	—	COM	36191J101
—	ROYCE VALUE TRUST	27,200	$423K	0.1%	$12.10	—	COM	780910105
—	LANDCADIA HOLDINGS INC	39,600	$398K	0.1%	$10.05	—	COM	51476W107
—	BLACKROCK DEBT STRAT FD INC	31,558	$367K	0.1%	$11.34	—	COM NEW	09255R202
RWGE/U	REGALWOOD GLOBAL ENERGY LTD UNIT	33,700	$340K	0.1%	$10.09	—	Untis	G74760110
—	INDUSTREA ACQUISITION CORP-CW22	600,000	$329K	0.1%	$0.55	—	Warrants	45579J112
—	KAYNE ANDERSON ACQUISITION	33,064	$324K	0.1%	$9.80	—	COM	48661U102
—	GABELLI GLOBAL SMALL & MID CAP VALUE TR COM	25,713	$308K	0.1%	$12.74	—	COM	36249W104
—	M I ACQUISITIONS INC	377,235	$302K	0.1%	$0.35	—	*W EXP 99/99/999	55304A112
—	STELLAR AQCUISITION III	646,469	$297K	0.1%	$0.34	—	*W EXP 03/22/202	Y8172W115
—	SENTINEL ENERGY SERVICES	25,450	$252K	0.1%	$9.90	—	Units	G8062D128
—	MANAGED DURATION INVESTMENT	18,227	$248K	0.1%	$13.61	—	COM	56165R103
—	KBL MERGER CORP IV-RTS	500,000	$175K	0.0%	$0.35	—	Rights	48242A120
—	CM SEVEN STAR ACQUISITION CORP RTS EXP 2018	510,394	$163K	0.0%	$0.32	—	Rights	G2345N136
—	MTECH ACQUISITION CORP UNIT	16,000	$162K	0.0%	$10.13	—	Units	55378W206
—	GDL FUND	15,730	$147K	0.0%	$10.18	—	COM	361570104
—	MTECH ACQUISITION CORP	235,000	$143K	0.0%	$0.61	—	Warrants	55378W115
—	DRAPER OAKWOOD TECHNOLOGY AC-RT	249,996	$142K	0.0%	$0.57	—	Rights	26146L129
—	CONVERGEONE HOLDINGS IN-CW24	116,711	$139K	0.0%	$1.19	—	Warrants	212481113
—	HENNESSY CAP ACQUISITION CORP III COM	13,800	$137K	0.0%	$9.93	—	COM	42588L105
—	INFRA AND ENERGY ALT. WTS	155,461	$135K	0.0%	$0.87	—	Warrants	45686J112
—	BARINGTON HILCO ACQUISITION	12,500	$133K	0.0%	$9.85	—	COM	06759V101
—	VIVOPOWER INTERNATIONAL PLC	56,895	$126K	0.0%	$5.50	—	SHS	G9376R100
—	BLACK RIDGE ACQUISTION CORP CW	349,000	$122K	0.0%	$0.35	—	Warrants	09216T115
—	KBL MERGER CORP IV-CW22	500,000	$120K	0.0%	$0.24	—	Warrants	48242A112
—	ALTA MESA	75,000	$116K	0.0%	$1.55	—	Warrants	02133L117
—	MODERN MEDIA ACQUISITION-RTS	282,352	$110K	0.0%	$0.36	—	Rights	60765P129
—	BLACK RIDGE ACQUISITION CORP RTS EXP	360,500	$108K	0.0%	$0.30	—	Rights	09216T123
—	DRAPER OAKWOOD TECHNOLOGY AC-CW22	124,998	$106K	0.0%	$0.85	—	Warrants	26146L111
—	GIGCAPITAL INC	10,000	$104K	0.0%	$10.00	—	Unit	37518N205
—	BISON CAPITAL ACQUISITION CO-RT	199,998	$100K	0.0%	$0.50	—	Rights	G1142P138
—	I AM CAP ACQUISITION CO	250,000	$100K	0.0%	$0.33	—	Warrants	45074Q116
—	CM SEVEN STAR ACQUISITION CORP WTS EXP 08/21/2022	255,197	$89,000	0.0%	$0.32	—	Warrants	G2345N110
—	BIG ROCK PARTNERS ACQUISTION-RT	250,000	$88,000	0.0%	$0.35	—	Rights	089482129
—	GIGCAPITAL INC-RTS	239,988	$85,000	0.0%	$0.35	—	Rights	37518N114
—	AVISTA HEALTHCARE PUB ACQ CO	254,286	$84,000	0.0%	$0.47	—	*W EXP 99/99/999	G0726L117
—	I AM CAP ACQUISITION CO	250,000	$84,000	0.0%	$0.30	—	Rights	45074Q124
—	GIGCAPITAL INC-CW23	179,991	$78,000	0.0%	$0.43	—	Warrants	37518N122
—	MODERN MEDIA ACQUISITIO-CW22	147,043	$76,000	0.0%	$0.54	—	Warrants	60765P111
—	ATLANTIC ACQUISITION COR -RTS	150,000	$74,000	0.0%	$0.53	—	Rights	048206304
—	ELECTRUM SPL ACQUISITION COR	147,507	$50,000	0.0%	$0.34	—	*W EXP 99/99/999	G3105C112
—	HUNTER MARITIME ACQUISITION WTS	109,913	$48,000	0.0%	$0.33	—	W EXP 99/99/999	Y37828129
—	PENSARE ACQUISITION CORP	91,894	$46,000	0.0%	$0.82	—	Rights	70957E121
—	BIG ROCK PARTNERS ACQUISTION-CW22	125,000	$41,000	0.0%	$0.33	—	Warrants	089482111
—	BISON CAPITAL ACQUISITION CO-CW22	99,999	$40,000	0.0%	$0.40	—	Warrants	G1142P112
—	PENSARE ACQUISITION CORP	42,297	$21,000	0.0%	$0.54	—	Warrants	70957E117
—	CONSTELLATION ALPHA CAPITAL-RT	56,000	$20,000	0.0%	$0.36	—	Rights	G2379F132
—	CONSTELLATION ALPHA CAPITAL-CW22	50,000	$12,000	0.0%	$0.24	—	Warrants	G2379F116
—	BARINGTON HILCO ACQUISITION	49,649	$10,000	0.0%	$0.11	—	*W EXP 02/11/201	06759V127
—	KAYNE ANDERSON ACQUISITION-CW22	11,021	$10,000	0.0%	$0.91	—	Warrants	48661U110