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 EMERGING MARKETS EQUI COM 00301W105 126,564 15,491,331 SH   SOLE   15,491,331 0 0
ABERDEEN JAPAN EQUITY FUND INC COM 00306J109 8,555 903,400 SH   SOLE   903,400 0 0
ABERDEEN TOTAL DYNAMIC DIVIDEND COM SH BEN INT 00326L100 6,352 718,115 SH   SOLE   718,115 0 0
ADAMS DIVERSIFIED EQUITY FUND COM 006212104 4,870 281,568 SH   SOLE   281,568 0 0
ADAMS NATURAL RESOURCES FUND I COM 00548F105 596 52,260 SH   SOLE   52,260 0 0
ALLIANCEBERNSTEIN NATIONAL MUNI COM 01864U106 2,264 156,946 SH   SOLE   156,946 0 0
ALLIANZGI ARTIFICIAL INTELLIGENCE & TECH COM 01883M101 2,293 86,859 SH   SOLE   86,859 0 0
ALLIANZGI DIVIDEND INTEREST COM 01883A107 997 74,098 SH   SOLE   74,098 0 0
ASA GOLD AND PRECIOUS METALS LTD SHS G3156P103 6,705 306,923 SH   SOLE   306,923 0 0
BERKSHIRE HATHAWAY INC. B-SHARES CL B NEW 084670702 1,159 5,000 SH   SOLE   5,000 0 0
BLACKROCK CALIFORNIA MUNICIPAL COM SH BEN INT 09248E102 1,525 107,222 SH   SOLE   107,222 0 0
BLACKROCK ENHANCED EQUITY DIVIDEND TRUST COM 09251A104 806 95,313 SH   SOLE   95,313 0 0
BLACKROCK ENHANCED INTERNATIONAL COM BENE INTER 092524107 542 92,340 SH   SOLE   92,340 0 0
BLACKROCK HEALTH SCIENCES TRUST II COM SHS 09260E105 408 14,207 SH   SOLE   14,207 0 0
BLACKROCK MUNICIPAL INCOME QUA COM 092479104 814 53,694 SH   SOLE   53,694 0 0
BLACKROCK MUNICIPAL TARGET TERM TRUST COM SHS BEN INT 09257P105 367 14,300 SH   SOLE   14,300 0 0
BLACKROCK MUNIENHANCED FUND COM 09253Y100 800 66,883 SH   SOLE   66,883 0 0
BLACKROCK MUNIHOLDINGS INVESTMENT QUALIT COM 09254P108 2,297 163,402 SH   SOLE   163,402 0 0
BLACKROCK MUNIHOLDINGS NEW YORK COM 09255C106 533 37,846 SH   SOLE   37,846 0 0
BLACKROCK MUNIHOLDINGS QUALITY FUND II I COM 09254C107 391 28,686 SH   SOLE   28,686 0 0
BLACKROCK MUNIYIELD CALIFORNIA FUND COM 09254M105 620 41,844 SH   SOLE   41,844 0 0
BLACKROCK MUNIYIELD CALIFORNIA QUALITY F COM 09254N103 771 51,545 SH   SOLE   51,545 0 0
BLACKROCK MUNIYIELD NY QUAL COM 09255E102 537 40,412 SH   SOLE   40,412 0 0
BLACKROCK MUNIYIELD PA COM 09255G107 602 40,476 SH   SOLE   40,476 0 0
BLACKROCK MUNIYIELD QUALITY FUND III COM 09254E103 4,140 286,825 SH   SOLE   286,825 0 0
BLACKROCK RESOURCES AND COMMODITIES SHS 09257A108 356 48,000 SH   SOLE   48,000 0 0
BLACKROCK SCIENCE & TECHNOLOGY TUST II SHS BEN INT 09260K101 226 6,200 SH   SOLE   6,200 0 0
BOULDER GROWTH AND INCOME FUND COM 101507101 238 21,382 SH   SOLE   21,382 0 0
BRANDYWINE GLOBAL GLOBAL INCOME COM 10537L104 8,408 672,917 SH   SOLE   672,917 0 0
CALAMOS LONG/SHORT EQUITY & DYNAMIC COM 12812C106 8,272 473,517 SH   SOLE   473,517 0 0
CBRE CLARION GLOBAL REAL ESTATE INCOME F COM 12504G100 10,169 1,479,078 SH   SOLE   1,479,078 0 0
CENTRAL AND EASTERN EUROPE FUND COM 153436100 39,265 1,630,607 SH   SOLE   1,630,607 0 0
CENTRAL SECS CORP COM 155123102 1,364 41,900 SH   SOLE   41,900 0 0
CHINA FUND INC. COM 169373107 98,438 3,446,702 SH   SOLE   3,446,702 0 0
CLEARBRIDGE ENERGY MIDSTREAM OPPORTUNITY COM 18469P209 349 25,912 SH   SOLE   25,912 0 0
COHEN & STEERS QUALITY INCOME REALTY FUN COM 19247L106 1,094 88,181 SH   SOLE   88,181 0 0
DTF TAX FREE INCOME INC COM 23334J107 535 35,910 SH   SOLE   35,910 0 0
DWS MUNICIPAL INCOME TRUST COM 233368109 1,260 108,402 SH   SOLE   108,402 0 0
EATON VANCE CALIFORNIA MUNICIPAL COM 27828A100 737 62,785 SH   SOLE   62,785 0 0
EATON VANCE LIMITED DURATION INCOME FUND COM 27828H105 4,469 356,817 SH   SOLE   356,817 0 0
EATON VANCE SENIOR FLOATING-RATE FUND COM 27828Q105 2,940 229,949 SH   SOLE   229,949 0 0
EATON VANCE SHORT DURATION DIVERSIFIED I COM 27828V104 459 36,929 SH   SOLE   36,929 0 0
EATON VANCE TAX-ADVANTAGED GLOBAL DIVIDE COM 27828S101 3,232 177,219 SH   SOLE   177,219 0 0
EATON VANCE TAX-ADVANTAGED GLOBAL DIVIDE COM 27828U106 1,520 60,180 SH   SOLE   60,180 0 0
EATON VANCE TAX-MANAGED GLOB COM 27829F108 564 64,261 SH   SOLE   64,261 0 0
EATON VANCE TX-MANAGED GLOBAL BUY-WRITE COM 27829C105 1,252 129,423 SH   SOLE   129,423 0 0
FIRST TRUST DYNAMIC EUROPEAN EQUITY INC COM SHS 33740D107 20,224 1,713,160 SH   SOLE   1,713,160 0 0
FIRST TRUST HIGH INCOME LONG/SHORT FUND COM 33738E109 3,022 205,390 SH   SOLE   205,390 0 0
FIRST TRUST SENIOR FLOATING RA COM SHS 33740K101 1,233 137,328 SH   SOLE   137,328 0 0
FIRST TRUST/ABERDEEN EM OPPORTUNITY FUND COM 33731K102 2,686 188,054 SH   SOLE   188,054 0 0
GABELLI DIV & INCOME TRUST COM 36242H104 1,567 72,951 SH   SOLE   72,951 0 0
GABELLI HEALTHCARE AND WELLNESSRX TRUST SHS 36246K103 200 16,756 SH   SOLE   16,756 0 0
GENERAL AMERICAN INVESTORS COM 368802104 573 15,386 SH   SOLE   15,386 0 0
GLOBAL X FTSE ARGENTINA 20 ETF GB MSCI AR ETF 37950E259 1,523 50,000 SH   SOLE   50,000 0 0
GLOBAL X NIGERIA INDEX ETF GBL X MSCI NGR 37954Y665 714 62,874 SH   SOLE   62,874 0 0
HERZFELD CARIBBEAN BASIN FUND COM 42804T106 899 175,000 SH   SOLE   175,000 0 0
INDIA FUND INC COM 454089103 46,839 2,348,423 SH   SOLE   2,348,423 0 0
INVESCO ADVANTAGE MUNICIPAL INCOME SHS BEN INT 46132E103 2,994 264,246 SH   SOLE   264,246 0 0
INVESCO CALIFORNIA VALUE MUNICIPAL INCOM COM 46132H106 311 23,500 SH   SOLE   23,500 0 0
INVESCO DYNAMIC CREDIT OPPORTUNITIES COM 46132R104 9,194 856,497 SH   SOLE   856,497 0 0
INVESCO QUALITY MUNICIPAL INCOME TRUST COM 46133G107 1,175 90,061 SH   SOLE   90,061 0 0
IRSA INVERSIONES Y REPRESENTAC ADR GLOBAL DEP RCPT 450047204 1,574 348,923 SH   SOLE   348,923 0 0
ISHARES FTSE/XINHUA CHINA 25 INDEX FUND CHINA LG CAP ETF 464287184 75,486 1,625,623 SH   SOLE   1,625,623 0 0
ISHARES MSCI ACWI INDEX FUND MSCI ACWI ETF 464288257 40,208 443,400 SH   SOLE   443,400 0 0
ISHARES MSCI ARGENTINA AND GLO MSCI ARGENTINA 46435G276 260 10,000 SH   SOLE   10,000 0 0
ISHARES MSCI BRAZIL- US MSCI BRAZIL ETF 464286400 50,831 1,371,781 SH   SOLE   1,371,781 0 0
ISHARES MSCI CHINA ETF MSCI CHINA ETF 46429B671 72,325 893,180 SH   SOLE   893,180 0 0
ISHARES MSCI FRONTIER 100 ETF MSCI FRNTR100ETF 464286145 643 22,655 SH   SOLE   22,655 0 0
ISHARES MSCI KOREA MSCI STH KOR ETF 464286772 104,879 1,217,896 SH   SOLE   1,217,896 0 0
ISHARES MSCI MALAYSIA MSCI MLYETF NEW 46434G814 25,583 888,605 SH   SOLE   888,605 0 0
ISHARES MSCI PHILIPPINES INVESTABLE MARK MSCI PHILIPS ETF 46429B408 320 9,800 SH   SOLE   9,800 0 0
ISHARES MSCI TAIWAN MSCI TAIWAN ETF 46434G772 20,939 394,440 SH   SOLE   394,440 0 0
ISHARES MSCI THAILAND MSCI THAILND ETF 464286624 4,517 58,510 SH   SOLE   58,510 0 0
JAPAN SMALLER CAPITALIZATION FUND, INC COM 47109U104 27,130 2,996,178 SH   SOLE   2,996,178 0 0
JOHN HANCOCK INVESTORS TRUST COM 410142103 510 29,532 SH   SOLE   29,532 0 0
KKR & CO INC CL A 48251W104 4,551 112,345 SH   SOLE   112,345 0 0
KOREA FUND COM NEW 500634209 74,432 1,846,502 SH   SOLE   1,846,502 0 0
MACQUARIE GLOBAL INFRASTRUCTURE TOTAL RE COM 55608D101 1,175 57,978 SH   SOLE   57,978 0 0
MADISON COVERED CALL & EQUITY FUND COM 557437100 529 77,945 SH   SOLE   77,945 0 0
MEXICO FUND COM 592835102 64,477 4,689,267 SH   SOLE   4,689,267 0 0
MILLER/HOWARD HIGH DIVIDEND FUND COM SHS BEN IN 600379101 2,632 339,114 SH   SOLE   339,114 0 0
MORGAN STANLEY EMERGING MARKETS DOMESTIC COM 617477104 5,600 889,529 SH   SOLE   889,529 0 0
MS CHINA A SHARE COM 617468103 73,418 3,312,345 SH   SOLE   3,312,345 0 0
MS INDIA INVESTMENT COM 61745C105 70,331 3,312,789 SH   SOLE   3,312,789 0 0
NEUBERGER BERMAN HIGH YIELD STRATEGIES F COM 64128C106 126 10,788 SH   SOLE   10,788 0 0
NEUBERGER BERMAN MLP AND ENERGY INCOME COM 64129H104 16,047 4,733,685 SH   SOLE   4,733,685 0 0
NEW GERMANY COM 644465106 17,986 943,642 SH   SOLE   943,642 0 0
NEW IRELAND FUND COM 645673104 592 57,092 SH   SOLE   57,092 0 0
NUVEEN AMT-FREE MUNICIPAL INCOME FUND COM 670657105 8,650 573,235 SH   SOLE   573,235 0 0
NUVEEN DIVERSIFIED DIVIDEND AND INCOME F COM 6706EP105 400 45,581 SH   SOLE   45,581 0 0
NUVEEN DOW 30SM DYNAMIC SHS 67075F105 256 16,861 SH   SOLE   16,861 0 0
NUVEEN INTERMEDIATE DURATION MUNICIPAL T COM 670671106 307 22,125 SH   SOLE   22,125 0 0
NUVEEN MD QUAL INC FD COM 67061Q107 806 57,148 SH   SOLE   57,148 0 0
NUVEEN MUNICIPAL CREDIT INCOME COM SH BEN INT 67070X101 1,027 63,719 SH   SOLE   63,719 0 0
NUVEEN NEW YORK AMT FREE QUALI COM 670656107 632 46,729 SH   SOLE   46,729 0 0
NUVEEN PENNSYLVANIA QUALITY MUNI COM 670972108 782 54,207 SH   SOLE   54,207 0 0
NUVEEN QUALITY MUNICIPAL INCOME COM 67066V101 4,903 319,082 SH   SOLE   319,082 0 0
NUVEEN TAX-ADV TOTAL RETURN STRATEGY FUN COM 67090H102 420 44,562 SH   SOLE   44,562 0 0
PGIM GLOBAL HIGH YIELD FUND COM 69346J106 4,811 331,989 SH   SOLE   331,989 0 0
PGIM HIGH YIELD BOND FUND INC COM 69346H100 3,673 244,976 SH   SOLE   244,976 0 0
PIMCO MUNICIPAL INCOME FUND III COM 72201A103 132 11,080 SH   SOLE   11,080 0 0
PIONEER MUNICIPAL HIGH INCOME COM SHS 723763108 634 50,956 SH   SOLE   50,956 0 0
ROYCE VALUE TRUST COM 780910105 1,801 111,535 SH   SOLE   111,535 0 0
SPROTT FOCUS TRUST COM 85208J109 3,848 558,897 SH   SOLE   558,897 0 0
SWISS HELVETIA FUND INC COM 870875101 6,147 688,009 SH   SOLE   688,009 0 0
TAIWAN FUND COM 874036106 72,769 2,836,995 SH   SOLE   2,836,995 0 0
TEKLA HEALTHCARE INVESTORS SH BEN INT 87911J103 5,984 251,753 SH   SOLE   251,753 0 0
TEMPLETON DRAGON FUND COM 88018T101 232,658 9,957,543 SH   SOLE   9,957,543 0 0
TEMPLETON EMERGING MARKETS FD COM 880191101 44,204 2,363,869 SH   SOLE   2,363,869 0 0
TEMPLETON GLOBAL INCOME FUND COM 880198106 479 87,001 SH   SOLE   87,001 0 0
THE BLACKSTONE GROUP INC COM CL A 09260D107 3,962 61,121 SH   SOLE   61,121 0 0
THE CARLYLE GROUP INC COM 14316J108 3,836 122,045 SH   SOLE   122,045 0 0
VANECK VECTORS VIETNAM ETF VIETNAM ETF 92189F817 579 33,156 SH   SOLE   33,156 0 0
VANGUARD FTSE ALL WORLD EX-US ALLWRLD EX US 922042775 19,470 333,649 SH   SOLE   333,649 0 0
VOYA ASIA PACIFIC HIGH DIV FUND COM 92912J102 19,293 2,230,414 SH   SOLE   2,230,414 0 0
VOYA EMERGING MARKETS HIGH INC COM 92912P108 9,253 1,272,725 SH   SOLE   1,272,725 0 0
VOYA PRIME RATE TRUST SH BEN INT 92913A100 8,982 2,007,125 SH   SOLE   2,007,125 0 0
WA/CLAY US INFLATION-LINKED OPP&INC COM 95766R104 10,084 812,897 SH   SOLE   812,897 0 0
WESTERN ASSET GLOBAL CORPORATE COM 95790C107 5,941 328,699 SH   SOLE   328,699 0 0
WESTERN ASSET HIGH YIELD DEFINED OPPORTU COM 95768B107 5,894 382,374 SH   SOLE   382,374 0 0
WESTERN ASSET MANAGED MUNICIPALS FUND COM 95766M105 259 20,175 SH   SOLE   20,175 0 0
WESTERN ASSET MUNICIPAL DEFINED OPP COM 95768A109 1,922 92,437 SH   SOLE   92,437 0 0
WESTERN ASSET MUNICIPAL PARTNERS FUND COM 95766P108 151 10,048 SH   SOLE   10,048 0 0