The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABERDEEN AUSTRALIA EQUITY FUND COM 003011103 533 98,949 SH   SOLE   98,949 0 0
ABERDEEN EMERGING MARKETS EQUI COM 00301W105 103,942 13,631,777 SH   SOLE   13,631,777 0 0
ABERDEEN JAPAN EQUITY FUND INC COM 00306J109 4,289 553,720 SH   SOLE   553,720 0 0
ABERDEEN TOTAL DYNAMIC DIVIDEND COM SH BEN INT 00326L100 5,021 563,223 SH   SOLE   563,223 0 0
ADAMS DIVERSIFIED EQUITY FUND COM 006212104 3,398 215,260 SH   SOLE   215,260 0 0
ADAMS NATURAL RESOURCES FUND I COM 00548F105 947 57,362 SH   SOLE   57,362 0 0
ALLIANCEBERNSTEIN NATIONAL MUNI COM 01864U106 990 70,669 SH   SOLE   70,669 0 0
ALLIANZGI NFJ DIVIDEND INTEREST COM 01883A107 1,389 106,925 SH   SOLE   106,925 0 0
ASA GOLD AND PRECIOUS METALS LTD SHS G3156P103 301 22,030 SH   SOLE   22,030 0 0
BLACKROCK 2022 GLOBAL INCOME O COM 09258P104 213 21,639 SH   SOLE   21,639 0 0
BLACKROCK CALIFORNIA MUNICIPAL COM SH BEN INT 09248E102 1,252 92,222 SH   SOLE   92,222 0 0
BLACKROCK ENHANCED EQUITY DIVIDEND TRUST COM 09251A104 548 55,426 SH   SOLE   55,426 0 0
BLACKROCK GLOBAL OPP EQTY TR COM 092501105 317 28,825 SH   SOLE   28,825 0 0
BLACKROCK INTERNATIONAL GROWTH COM BENE INTER 092524107 6,799 1,157,236 SH   SOLE   1,157,236 0 0
BLACKROCK MUNICIPAL INCOME QUA COM 092479104 755 53,694 SH   SOLE   53,694 0 0
BLACKROCK MUNICIPAL TARGET TERM TRUST COM SHS BEN INT 09257P105 346 14,300 SH   SOLE   14,300 0 0
BLACKROCK MUNIENHANCED FUND COM 09253Y100 747 66,883 SH   SOLE   66,883 0 0
BLACKROCK MUNIHOLDINGS CA QU COM 09254L107 652 46,569 SH   SOLE   46,569 0 0
BLACKROCK MUNIHOLDINGS INVESTMENT QUALIT COM 09254P108 1,336 100,511 SH   SOLE   100,511 0 0
BLACKROCK MUNIHOLDINGS NEW YORK COM 09255C106 515 37,846 SH   SOLE   37,846 0 0
BLACKROCK MUNIHOLDINGS QUALITY FUND II I COM 09254C107 743 58,962 SH   SOLE   58,962 0 0
BLACKROCK MUNIYIELD CALIFORNIA FUND COM 09254M105 590 41,844 SH   SOLE   41,844 0 0
BLACKROCK MUNIYIELD CALIFORNIA QUALITY F COM 09254N103 2,882 202,775 SH   SOLE   202,775 0 0
BLACKROCK MUNIYIELD NY QUAL COM 09255E102 529 40,412 SH   SOLE   40,412 0 0
BLACKROCK MUNIYIELD PA COM 09255G107 579 40,476 SH   SOLE   40,476 0 0
BLACKROCK MUNIYIELD QUALITY FUND III COM 09254E103 1,264 93,547 SH   SOLE   93,547 0 0
BLACKROCK RESOURCES AND COMMODITIES SHS 09257A108 306 37,984 SH   SOLE   37,984 0 0
BOULDER GROWTH AND INCOME FUND COM 101507101 222 18,836 SH   SOLE   18,836 0 0
BRANDYWINE GLOBAL GLOBAL INCOME COM 10537L104 3,781 299,997 SH   SOLE   299,997 0 0
BROOKFIELD GLOBAL LISTED INFRASTRUCTURE COM SHS 11273Q109 347 24,855 SH   SOLE   24,855 0 0
BROOKFIELD REAL ASSETS INCOME SHS BEN INT 112830104 461 21,550 SH   SOLE   21,550 0 0
CENTRAL AND EASTERN EUROPE FUND COM 153436100 44,099 1,573,542 SH   SOLE   1,573,542 0 0
CENTRAL SECS CORP COM 155123102 462 13,900 SH   SOLE   13,900 0 0
CHINA FUND INC. COM 169373107 70,055 3,324,067 SH   SOLE   3,324,067 0 0
CLEARBRIDGE ENERGY MIDSTREAM OPPORTUNITY COM 18469P100 17,578 2,087,695 SH   SOLE   2,087,695 0 0
CRESUD ADR SPONSORED ADR 226406106 10,600 1,503,478 SH   SOLE   1,503,478 0 0
DTF TAX FREE INCOME INC COM 23334J107 795 53,501 SH   SOLE   53,501 0 0
DWS MUNICIPAL INCOME TRUST COM 233368109 741 65,484 SH   SOLE   65,484 0 0
EATON VANCE CALIFORNIA MUNICIPAL COM 27828A100 706 62,785 SH   SOLE   62,785 0 0
EATON VANCE LIMITED DURATION INCOME FUND COM 27828H105 286 21,624 SH   SOLE   21,624 0 0
EATON VANCE RISK MANAGED DIV COM 27829G106 393 42,240 SH   SOLE   42,240 0 0
EATON VANCE SHORT DURATION DIVERSIFIED I COM 27828V104 497 36,929 SH   SOLE   36,929 0 0
EATON VANCE TAX-ADVANTAGED GLOBAL DIVIDE COM 27828S101 1,231 68,320 SH   SOLE   68,320 0 0
EATON VANCE TX-MANAGED GLOBAL BUY-WRITE COM 27829C105 186 18,000 SH   SOLE   18,000 0 0
FIRST TRUST DYNAMIC EUROPEAN EQUITY INC COM SHS 33740D107 6,576 440,001 SH   SOLE   440,001 0 0
FIRST TRUST MLP AND ENERGY INC COM 33739B104 1,598 133,745 SH   SOLE   133,745 0 0
FIRST TRUST SENIOR FLOATING RA COM SHS 33740K101 418 45,560 SH   SOLE   45,560 0 0
FIRST TRUST/ABERDEEN EM OPPORTUNITY FUND COM 33731K102 1,385 96,661 SH   SOLE   96,661 0 0
GABELLI DIV & INCOME TRUST COM 36242H104 18,562 845,436 SH   SOLE   845,436 0 0
GABELLI HEALTHCARE AND WELLNESSRX TRUST SHS 36246K103 524 45,456 SH   SOLE   45,456 0 0
GENERAL AMERICAN INVESTORS COM 368802104 1,103 29,223 SH   SOLE   29,223 0 0
GLOBAL X NIGERIA INDEX ETF GBL X MSCI NGR 37954Y665 2,752 205,000 SH   SOLE   205,000 0 0
HERZFELD CARIBBEAN BASIN FUND COM 42804T106 3,074 464,028 SH   SOLE   464,028 0 0
HIGHLAND GLOBAL ALLOCATION FUND COM 43010T104 3,836 409,569 SH   SOLE   409,569 0 0
HIGHLAND INCOME FUND HIGHLAND INCOME 43010E404 16,191 1,301,007 SH   SOLE   1,301,007 0 0
INDIA FUND INC COM 454089103 14,096 698,686 SH   SOLE   698,686 0 0
INVESCO ADVANTAGE MUNICIPAL INCOME SHS BEN INT 46132E103 531 47,495 SH   SOLE   47,495 0 0
INVESCO CALIFORNIA VALUE MUNICIPAL INCOM COM 46132H106 616 48,096 SH   SOLE   48,096 0 0
INVESCO DYNAMIC CREDIT OPPORTUNITIES COM 46132R104 2,514 221,628 SH   SOLE   221,628 0 0
INVESCO FRONTIER MARKETS ETF FRONTIER MKTS 46138E776 4,041 282,780 SH   SOLE   282,780 0 0
INVESCO SENIOR INCOME TRUST COM 46131H107 3,167 739,069 SH   SOLE   739,069 0 0
IRSA INVERSIONES Y REPRESENTAC ADR GLOBAL DEP RCPT 450047204 17,441 2,513,124 SH   SOLE   2,513,124 0 0
ISHARES FTSE/XINHUA CHINA 25 INDEX FUND CHINA LG CAP ETF 464287184 15,366 352,231 SH   SOLE   352,231 0 0
ISHARES MSCI BRAZIL- US MSCI BRAZIL ETF 464286400 79,580 1,677,308 SH   SOLE   1,677,308 0 0
ISHARES MSCI CHINA ETF MSCI CHINA ETF 46429B671 91,178 1,422,551 SH   SOLE   1,422,551 0 0
ISHARES MSCI FRONTIER 100 ETF MSCI FRNTR100ETF 464286145 9,890 325,000 SH   SOLE   325,000 0 0
ISHARES MSCI KOREA MSCI STH KOR ETF 464286772 21,071 338,840 SH   SOLE   338,840 0 0
ISHARES MSCI MEXICO MSCI MEXICO ETF 464286822 446 9,900 SH   SOLE   9,900 0 0
ISHARES S&P LATIN AMERICA LATN AMER 40 ETF 464287390 18,164 534,780 SH   SOLE   534,780 0 0
JAPAN SMALLER CAPITALIZATION FUND, INC COM 47109U104 22,105 2,471,242 SH   SOLE   2,471,242 0 0
JOHN HANCOCK FINANCIAL OPPORTUNITIES FUN SH BEN INT NEW 409735206 967 26,681 SH   SOLE   26,681 0 0
JOHN HANCOCK INVESTORS TRUST COM 410142103 522 29,532 SH   SOLE   29,532 0 0
JOHN HANCOCK TAX-ADVANTAGE GLOBAL SHAREH TAX ADV GLB SH 41013P749 92 13,016 SH   SOLE   13,016 0 0
KAYNE ANDERSON MLP INVESTMENT COMPANY COM 486606106 1,524 109,413 SH   SOLE   109,413 0 0
KOREA FUND COM NEW 500634209 56,450 1,890,157 SH   SOLE   1,890,157 0 0
MADISON COVERED CALL & EQUITY FUND COM 557437100 516 77,945 SH   SOLE   77,945 0 0
MEXICO EQUITY & INCOME FUND INC COM 592834105 18,261 1,569,519 SH   SOLE   1,569,519 0 0
MEXICO FUND COM 592835102 62,148 4,524,789 SH   SOLE   4,524,789 0 0
MORGAN STANLEY EMERGING MARKETS DOMESTIC COM 617477104 2,949 421,566 SH   SOLE   421,566 0 0
MS CHINA A SHARE COM 617468103 68,226 3,143,340 SH   SOLE   3,143,340 0 0
MS INDIA INVESTMENT COM 61745C105 68,692 3,449,254 SH   SOLE   3,449,254 0 0
NEUBERGER BERMAN HIGH YIELD STRATEGIES F COM 64128C106 499 40,366 SH   SOLE   40,366 0 0
NEUBERGER BERMAN MLP AND ENERGY INCOME COM 64129H104 26,050 3,856,467 SH   SOLE   3,856,467 0 0
NEW GERMANY COM 644465106 15,928 1,017,132 SH   SOLE   1,017,132 0 0
NEW IRELAND FUND COM 645673104 543 54,692 SH   SOLE   54,692 0 0
NEXPOINT STRATEGIC OPPORTUNITI COM 65340G205 16,193 914,847 SH   SOLE   914,847 0 0
NUVEEN AMT-FREE MUNICIPAL INCOME FUND COM 670657105 9,902 689,070 SH   SOLE   689,070 0 0
NUVEEN AZ QUAL MUNI INC FD COM 67061W104 507 37,646 SH   SOLE   37,646 0 0
NUVEEN CREDIT STRATEGIES INCOME FUND COM 67073D102 7,751 1,011,203 SH   SOLE   1,011,203 0 0
NUVEEN DIVERSIFIED DIVIDEND AND INCOME F COM 6706EP105 439 40,283 SH   SOLE   40,283 0 0
NUVEEN ENHANCED MUNICIPAL VALUE FUND COM 67074M101 758 50,880 SH   SOLE   50,880 0 0
NUVEEN INTERMEDIATE DURATION MUNICIPAL T COM 670671106 2,708 194,832 SH   SOLE   194,832 0 0
NUVEEN MD QUAL INC FD COM 67061Q107 769 57,148 SH   SOLE   57,148 0 0
NUVEEN NEW YORK AMT FREE QUALI COM 670656107 6,944 511,939 SH   SOLE   511,939 0 0
NUVEEN PENNSYLVANIA QUALITY MUNI COM 670972108 769 54,207 SH   SOLE   54,207 0 0
NUVEEN QUALITY MUNICIPAL INCOME COM 67066V101 8,688 595,253 SH   SOLE   595,253 0 0
NUVEEN TAX-ADV TOTAL RETURN STRATEGY FUN COM 67090H102 263 21,805 SH   SOLE   21,805 0 0
PAMPA ENERGIA SA-SPON ADR SPONS ADR LVL I 697660207 7,717 470,002 SH   SOLE   470,002 0 0
PGIM GLOBAL HIGH YIELD FUND COM 69346J106 771 51,550 SH   SOLE   51,550 0 0
PGIM HIGH YIELD BOND FUND INC COM 69346H100 1,812 117,648 SH   SOLE   117,648 0 0
PIMCO DYNAMIC CREDIT INCOME COM SHS 72202D106 628 24,899 SH   SOLE   24,899 0 0
PIMCO ENERGY & TACTICAL CREDIT COM SHS BEN INT 69346N107 5,003 302,404 SH   SOLE   302,404 0 0
PIONEER MUNICIPAL HIGH INCOME COM SHS 723763108 1,211 100,549 SH   SOLE   100,549 0 0
PIONEER MUNICIPAL HIGH INCOME ADVANTAGE COM 723762100 2,241 207,166 SH   SOLE   207,166 0 0
ROYCE VALUE TRUST COM 780910105 1,629 110,335 SH   SOLE   110,335 0 0
SPDR S&P CHINA ETF S&P CHINA ETF 78463X400 23,136 225,350 SH   SOLE   225,350 0 0
SPROTT FOCUS TRUST COM 85208J109 5,845 793,132 SH   SOLE   793,132 0 0
SWISS HELVETIA FUND INC COM 870875101 642 76,305 SH   SOLE   76,305 0 0
TAIWAN FUND COM 874036106 65,879 3,200,355 SH   SOLE   3,200,355 0 0
TEKLA HEALTHCARE INVESTORS SH BEN INT 87911J103 1,375 65,818 SH   SOLE   65,818 0 0
TEMPLETON DRAGON FUND COM 88018T101 201,805 10,335,715 SH   SOLE   10,335,715 0 0
TEMPLETON EMERGING MARKETS FD COM 880191101 26,411 1,691,936 SH   SOLE   1,691,936 0 0
THE EUROPEAN EQUITY FUND INC COM 298768102 228 24,332 SH   SOLE   24,332 0 0
TORTOISE MIDSTREAM ENERGY FUND INC COM 89148B101 1,907 174,115 SH   SOLE   174,115 0 0
VANECK VECTORS EGYPT INDEX ETF EGYPT INDX ETF 92189F775 2,323 80,000 SH   SOLE   80,000 0 0
VANGUARD EMERGING MARKETS ETF FTSE EMR MKT ETF 922042858 2,166 48,700 SH   SOLE   48,700 0 0
VANGUARD FTSE ALL WORLD EX-US ALLWRLD EX US 922042775 3,311 61,584 SH   SOLE   61,584 0 0
VOYA ASIA PACIFIC HIGH DIV FUND COM 92912J102 13,911 1,630,853 SH   SOLE   1,630,853 0 0
VOYA GLOBAL EQUITY DIVIDEND COM 92912T100 272 43,879 SH   SOLE   43,879 0 0
VOYA INFRASTRUCTURE INDUSTRIALS AND MAT COM 92912X101 1,169 101,881 SH   SOLE   101,881 0 0
VOYA PRIME RATE TRUST SH BEN INT 92913A100 2,826 562,422 SH   SOLE   562,422 0 0
WA/CLAY US INFLATION-LINKED OPP&INC COM 95766R104 768 66,566 SH   SOLE   66,566 0 0
WESTERN ASSET HIGH INCOME OPPORTUNITY COM 95766K109 2,030 400,000 SH   SOLE   400,000 0 0
WESTERN ASSET HIGH YIELD DEFINED OPPORTU COM 95768B107 954 61,026 SH   SOLE   61,026 0 0
WESTERN ASSET MANAGED MUNICIPALS FUND COM 95766M105 269 20,175 SH   SOLE   20,175 0 0
WESTERN ASSET MUNICIPAL PARTNERS FUND COM 95766P108 154 10,048 SH   SOLE   10,048 0 0
XTRACKERS HARVEST CSI 300 CHINA A SHARES XTRACK HRVST CSI 233051879 14,047 474,013 SH   SOLE   474,013 0 0