Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SWISS HELVETIA FD INC	2,111,785	$26.08M	6.9%	$11.75	—	COM	870875101
—	HILL INTERNATIONAL INC	3,611,055	$21.3M	5.6%	$4.35	—	COM	431466101
XXCHNXX	CHINA FD INC	957,877	$20.02M	5.3%	$19.39	—	COM	169373107
—	PUTMAN HIGH INCOME SEC FUND	1,972,844	$18.41M	4.8%	$8.33	—	SHS BEN INT	746779107
—	ABERDEEN EMRG MRKTS EQT INM	2,207,509	$15.45M	4.1%	$7.31	—	COM	00301W105
—	NEW YORK REIT INC	785,251	$14.32M	3.8%	$9.63	—	COM	64976L109
STC	STEWART INFORMATION SVCS COR	321,774	$13.86M	3.6%	$38.27	+12.1%	COM	860372101
—	PURE ACQUISITION CORP	1,314,678	$12.67M	3.3%	$9.64	—	CL A	74621Q106
—	CENTRAL SECS CORP	364,456	$10.14M	2.7%	$16.35	—	COM	155123102
—	ALLIANCE CALIF MUN INCOME FD	761,664	$10.01M	2.6%	$12.96	—	COM	018546101
—	TRIANGLE CAP CORP	805,281	$9.261M	2.4%	$11.50	—	COM	895848109
XJEQX	ABERDEEN JAPAN EQUITY FD INC	995,107	$8.797M	2.3%	$8.69	—	COM	00306J109
—	TAIWAN FD INC	415,328	$8.361M	2.2%	$20.66	—	COM	874036106
—	JAPAN SMALLER CAPTLZTN FD IN	685,169	$7.989M	2.1%	$10.13	—	COM	47109U104
—	DELAWARE ENHANCED GBL DIV &	686,921	$7.783M	2.0%	$11.05	—	COM	246060107
—	MVC CAPITAL INC	802,106	$7.627M	2.0%	$12.69	—	COM	553829102
—	DEUTSCHE MULTI-MKT INCOME TR	843,529	$7.431M	2.0%	$8.81	—	SHS	25160E102
—	SOURCE CAP INC	182,409	$7.251M	1.9%	$38.91	—	COM	836144105
—	TRI CONTL CORP	242,143	$6.419M	1.7%	$11.64	—	COM	895436103
—	MORGAN STANLEY ASIA PAC FD I	366,820	$6.265M	1.6%	$9.38	—	COM	61744U106
PHUN	STELLAR ACQUISITION III INC	595,414	$6.18M	1.6%	$10.18	—	COM	Y8172W107
—	UNION ACQUISITION CORP	583,434	$5.979M	1.6%	$10.23	—	UNIT 99/99/9999	G9366W119
—	INDUSTREA ACQUISITION CORP	594,967	$5.866M	1.5%	$9.81	—	CL A	45579J104
—	KBL MERGER CORP IV	506,071	$5.038M	1.3%	$9.85	—	COM	48242A104
—	CM SEVEN STAR ACQUISITION CO	499,257	$4.938M	1.3%	$9.65	—	SHS	G2345N102
—	BLACKROCK NY MUNI INC QLTY T	377,881	$4.69M	1.2%	$12.59	—	COM	09249U105
—	TWELVE SEAS INVESTMENT COMPA	451,000	$4.537M	1.2%	$10.06	—	UNIT 06/21/2023	G9145A123
—	BOULDER GROWTH & INCOME FD I	426,605	$4.385M	1.2%	$7.58	—	COM	101507101
—	TRIDENT ACQUISITIONS CORP	419,250	$4.225M	1.1%	$10.08	—	UNIT 05/09/2023	89615T205
—	NUVEEN CONNECTICUT QLTY MUN	348,717	$4.174M	1.1%	$12.03	—	COM	67060D107
—	ADAMS DIVERSIFIED EQUITY FD	239,896	$3.699M	1.0%	$12.86	—	COM	006212104
—	BLACK RIDGE ACQUISITION CORP	377,400	$3.689M	1.0%	$9.69	—	COM	09216T107
—	LF CAP ACQUISITION CORP	330,250	$3.326M	0.9%	$10.07	—	UNIT 06/19/2025	50200K207
—	TIBERIUS ACQUISITION CORP	324,234	$3.265M	0.9%	$10.06	—	UNIT 02/28/2021	88633A206
—	AVISTA HEALTHCARE PUB ACQ CO	322,978	$3.236M	0.9%	$9.88	—	CL A	G0726L125
—	MODERN MEDIA ACQUISITION	307,836	$3.072M	0.8%	$9.77	—	COM	60765P103
—	THUNDER BRIDGE ACQUISITION L	304,750	$3.058M	0.8%	$10.03	—	UNIT 01/01/2025	G8857R118
—	DEUTSCHE STRATEGIC INCOME TR	234,146	$2.866M	0.8%	$12.44	—	SHS	25160F109
—	MANAGED DURATION INVT GRD FU	197,620	$2.833M	0.7%	$14.27	—	COM	56165R103
—	ATLANTIC ACQUISITION CORP	280,567	$2.827M	0.7%	$9.86	—	COM	048206106
—	AMERICAN CAP SR FLOATING LTD	225,717	$2.776M	0.7%	$12.30	—	COM	02504D108
—	GREAT ELM CAP CORP	291,572	$2.694M	0.7%	$11.67	—	COM	390320109
—	I AM CAP ACQUISITION CO	243,528	$2.633M	0.7%	$9.86	—	COM	45074Q108
—	GIGCAPITAL INC	262,988	$2.588M	0.7%	$9.66	—	COM	37518N106
—	TRINITY MERGER CORP	260,000	$2.54M	0.7%	$9.77	—	COM CL A	89653L106
—	FRANKLIN UNVL TR	377,325	$2.521M	0.7%	$7.14	—	SH BEN INT	355145103
—	DRAPER OAKWOOD TECHNOLOGY	247,224	$2.467M	0.6%	$9.86	—	COM CL A	26146L103
—	BIG ROCK PARTNERS ACQUISI CO	245,667	$2.435M	0.6%	$9.76	—	COM	089482103
—	LAZARD WORLD DIVID & INCOME	231,232	$2.396M	0.6%	$11.23	—	COM	521076109
—	MTECH ACQUISITION CORP	227,949	$2.225M	0.6%	$9.58	—	COM CLASS A	55378W107
—	PENSARE ACQUISITION CORP	207,741	$2.057M	0.5%	$9.70	—	COM	70957E105
—	BISON CAP ACQUISITION CORP	195,414	$1.958M	0.5%	$9.94	—	ORD SHS	G1142P104
—	NEW IRELAND FUND INC	162,831	$1.902M	0.5%	$12.75	—	COM	645673104
—	GENERAL AMERN INVS INC	46,245	$1.587M	0.4%	$36.71	—	COM	368802104
TPHS	TRINITY PL HLDGS INC	240,340	$1.574M	0.4%	$6.92	-1.5%	COM	89656D101
—	LEISURE ACQUISITION CORP	156,000	$1.563M	0.4%	$9.90	—	UNIT 99/99/9999	52539T206
—	OPES ACQUISITION CORP	148,174	$1.489M	0.4%	$10.05	—	UNIT 03/07/2023	68373P209
—	MUDRICK CAP ACQUISITION CORP	145,706	$1.489M	0.4%	$10.22	—	UNIT 02/01/2023	624745204
NXDT	NEXPOINT STRATEGIC OPORTUNT	62,595	$1.374M	0.4%	$21.95	—	COM NEW	65340G205
—	ASIA PAC FD INC COM	93,969	$1.301M	0.3%	$14.04	—	COM	044901106
—	DIVIDEND & INCOME FUND	97,033	$1.196M	0.3%	$12.72	—	COM NEW	25538A204
EQS	EQUUS TOTAL RETURN INC	497,162	$1.173M	0.3%	$2.32	+2.8%	COM	294766100
—	VECTOIQ ACQUISITION CORP	107,000	$1.077M	0.3%	$10.07	—	UNIT 05/11/2023	92243N202
—	CONSTELLATION ALPHA CAP CORP	107,854	$1.074M	0.3%	$9.79	—	SHS	G2379F108
—	HAYMAKER ACQUISITION CORP	105,912	$1.031M	0.3%	$9.73	—	COM CLASS A	420870107
—	HL ACQUISITIONS CORP	100,000	$1.006M	0.3%	$10.06	—	UNIT 06/21/2023	G4603R114
—	GDL FUND	93,002	$854K	0.2%	$9.35	—	COM SH BEN IT	361570104
—	PURE ACQUISITION CORP	643,714	$824K	0.2%	$1.28	—	*W EXP 04/17/202	74621Q114
—	ALPINE GLOBAL PREMIER PPTYS	123,487	$788K	0.2%	$5.72	—	COM SBI	02083A103
—	ROYCE VALUE TR INC	41,706	$659K	0.2%	$13.39	—	COM	780910105
—	INVESCO HIGH INCOME TR II	37,425	$505K	0.1%	$13.49	—	COM	46131F101
—	HERZFELD CARIBBEAN BASIN FD	69,005	$455K	0.1%	$6.83	—	COM	42804T106
—	GSV CAP CORP	60,104	$412K	0.1%	$9.37	—	COM	36191J101
—	INDUSTREA ACQUISITION CORP	597,967	$344K	0.1%	$0.55	—	*W EXP 08/01/202	45579J112
—	GABELLI GLB SML & MD CP VAL	25,086	$304K	0.1%	$12.74	—	COM	36249W104
—	BLACKROCK DEBT STRAT FD INC	23,929	$268K	0.1%	$11.34	—	COM NEW	09255R202
—	M I ACQUISITIONS INC	176,834	$267K	0.1%	$0.35	—	*W EXP 11/15/202	55304A112
—	MATLIN & PARTNERS ACQUISITIO	25,000	$247K	0.1%	$9.88	—	CL A	57682V106
—	KAYNE ANDERSON ACQUISITION	21,600	$213K	0.1%	$9.80	—	COM CL A	48661U102
RWGE	REGALWOOD GLOBAL ENERGY LTD	18,696	$182K	0.0%	$9.73	—	COM CL A	G74760102
—	HENNESSY CAP ACQUSTON CORP I	16,949	$172K	0.0%	$9.97	—	COM	42588L105
—	BRANDYWINEGBL GLBAL INM OPRT	15,023	$171K	0.0%	$11.38	—	COM	10537L104
—	KBL MERGER CORP IV	490,403	$168K	0.0%	$0.35	—	RIGHT 03/22/2019	48242A120
—	GIGCAPITAL INC	16,000	$168K	0.0%	$10.19	—	UNIT 03/06/2025	37518N205
—	MTECH ACQUISITION CORP	16,000	$165K	0.0%	$10.13	—	UNIT 01/19/2023	55378W206
—	CM SEVEN STAR ACQUISITION CO	499,234	$160K	0.0%	$0.32	—	RIGHT 08/21/2022	G2345N136
—	BLACKROCK INCOME TR INC	26,023	$152K	0.0%	$5.84	—	COM	09247F100
—	MODERN MEDIA ACQUISITION	288,782	$150K	0.0%	$0.36	—	RIGHT 99/99/9999	60765P129
—	MTECH ACQUISITION CORP	227,949	$148K	0.0%	$0.61	—	*W EXP 08/01/202	55378W115
—	KBL MERGER CORP IV	501,153	$145K	0.0%	$0.24	—	*W EXP 01/15/202	48242A112
—	DRAPER OAKWOOD TECHNOLOGY	243,524	$144K	0.0%	$0.57	—	RIGHT 09/19/2018	26146L129
—	STELLAR ACQUISITION III INC	519,630	$135K	0.0%	$0.34	—	*W EXP 03/22/202	Y8172W115
KRNY	KEARNY FINL CORP MD	10,000	$135K	0.0%	$13.91	0.0%	COM	48716P108
—	SENTINEL ENERGY SVCS INC	12,413	$125K	0.0%	$9.90	—	UNIT 11/02/2022	G8062D128
—	AVISTA HEALTHCARE PUB ACQ CO	257,678	$120K	0.0%	$0.47	—	*W EXP 99/99/999	G0726L117
—	BLACK RIDGE ACQUISITION CORP	362,500	$118K	0.0%	$0.30	—	RIGHT 07/10/2019	09216T123
—	BLACK RIDGE ACQUISITION CORP	340,495	$117K	0.0%	$0.35	—	*W EXP 07/10/202	09216T115
—	KBL MERGER CORP IV	11,082	$116K	0.0%	$10.47	—	UNIT 01/15/2024	48242A203
—	LEGACY ACQUISITION CORP	11,400	$114K	0.0%	$10.00	—	UNIT 05/31/2024	524643202
HUNTF	HUNTER MARITIME ACQUISITION	11,418	$112K	0.0%	$9.83	+0.1%	CL A	Y37828111
—	BIG ROCK PARTNERS ACQUISTION-RT	244,162	$110K	0.0%	$0.35	—	Rights	089482129
—	GIGCAPITAL INC	240,818	$108K	0.0%	$0.35	—	RIGHT 03/06/2020	37518N114
—	TRINITY MERGER CORP	260,000	$104K	0.0%	$0.40	—	*W EXP 05/11/202	89653L114
—	INDUSTREA ACQUISITION CORP	10,000	$103K	0.0%	$10.30	—	UNIT 07/21/2024	45579J203
—	CM SEVEN STAR ACQUISITION CO	249,616	$99,000	0.0%	$0.32	—	*W EXP 08/21/202	G2345N110
—	MODERN MEDIA ACQUISITION	143,078	$93,000	0.0%	$0.54	—	*W EXP 05/17/202	60765P111
—	I AM CAP ACQUISITION CO	243,528	$90,000	0.0%	$0.33	—	*W EXP 05/22/202	45074Q116
—	DRAPER OAKWOOD TECHNOLOGY	121,762	$89,000	0.0%	$0.85	—	*W EXP 09/19/202	26146L111
—	I AM CAP ACQUISITION CO	243,528	$88,000	0.0%	$0.30	—	RIGHT 05/22/2019	45074Q124
—	GIGCAPITAL INC	179,461	$81,000	0.0%	$0.43	—	*W EXP 06/08/202	37518N122
—	BISON CAP ACQUISITION CORP	195,414	$64,000	0.0%	$0.50	—	RIGHT 03/20/2019	G1142P138
—	ATLANTIC ACQUISITION CORP	80,343	$46,000	0.0%	$0.53	—	RIGHT 02/08/2019	048206304
—	HAYMAKER ACQUISITION CORP	52,956	$46,000	0.0%	$0.87	—	*W EXP 10/27/202	420870115
—	BIG ROCK PARTNERS ACQUISTION-CW22	122,081	$45,000	0.0%	$0.33	—	Warrants	089482111
—	CONSTELLATION ALPHA CAP CORP	54,854	$36,000	0.0%	$0.36	—	RIGHT 99/99/9999	G2379F132
—	HUNTER MARITIME ACQUISITION	98,016	$36,000	0.0%	$0.33	—	*W EXP 11/17/202	Y37828129
—	BISON CAP ACQUISITION CORP	97,707	$35,000	0.0%	$0.40	—	*W EXP 06/20/202	G1142P112
—	PENSARE ACQUISITION CORP	103,469	$29,000	0.0%	$0.76	—	RIGHT 99/99/9999	70957E121
—	PENSARE ACQUISITION CORP	41,202	$26,000	0.0%	$0.63	—	*W EXP 07/27/202	70957E113
—	CONSTELLATION ALPHA CAP CORP	48,854	$18,000	0.0%	$0.24	—	*W EXP 03/23/202	G2379F116
—	BARINGTON HILCO ACQUISITION	48,053	$6,000	0.0%	$0.11	—	*W EXP 02/11/202	06759V127
—	OSPREY ENERGY ACQUISITION CO	10,610	$6,000	0.0%	$0.57	—	*W EXP 07/21/202	688397116