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 INCOME CREDIT STRATEGIES COM 003057106 1,664 149,883 SH   SOLE   149,883 0 0
ISHARES MSCI ACWI EX US INDEX MSCI ACWI EX US 464288240 1,325 23,043 SH   SOLE   23,043 0 0
BLDRS EMERGING MARKETS 50 ADR EMGRING MKTS50 46090C305 1,759 30,278 SH   SOLE   30,278 0 0
ADAMS DIVERSIFIED EQUITY FUND COM 006212104 5,574 282,068 SH   SOLE   282,068 0 0
ABERDEEN EMERGING MARKETS EQUI COM 00301W105 140,053 15,492,589 SH   SOLE   15,492,589 0 0
ALLIANCEBERNSTEIN NATIONAL MUNI COM 01864U106 1,008 66,142 SH   SOLE   66,142 0 0
ISHARES MSCI ARGENTINA AND GLO MSCI ARGENTINA 46435G276 265 10,000 SH   SOLE   10,000 0 0
VIRTUS ALLIANZGI ARTIFICIAL INTELLIGENCE COM 92838Y100 1,193 43,106 SH   SOLE   43,106 0 0
ABERDEEN TOTAL DYNAMIC DIVIDEND COM SH BEN INT 00326L100 4,203 413,096 SH   SOLE   413,096 0 0
GLOBAL X FTSE ARGENTINA 20 ETF GB MSCI AR ETF 37950E259 1,548 50,000 SH   SOLE   50,000 0 0
ASA GOLD AND PRECIOUS METALS LTD SHS G3156P103 6,268 291,038 SH   SOLE   291,038 0 0
LIBERTY ALL-STAR GROWTH FUND COM 529900102 1,607 180,616 SH   SOLE   180,616 0 0
BLACKROCK ENHANCED EQUITY DIVIDEND TRUST COM 09251A104 884 87,313 SH   SOLE   87,313 0 0
BLACKROCK CALIFORNIA MUNICIPAL COM SH BEN INT 09248E102 1,066 71,205 SH   SOLE   71,205 0 0
BLACKROCK ENHANCED INTERNATIONAL COM BENE INTER 092524107 605 92,340 SH   SOLE   92,340 0 0
BLACKROCK HEALTH SCIENCES TRUST II COM SHS 09260E105 3,589 124,311 SH   SOLE   124,311 0 0
SABA CAPITAL INCOME AND OPPORTUNITIES SHARES 78518H103 20,341 4,323,283 SH   SOLE   4,323,283 0 0
BLACKROCK SCIENCE AND TECHNOLOGY SHS 09258G104 832 13,992 SH   SOLE   13,992 0 0
BLACKROCK SCIENCE AND TECHNOLOGY RIGHTS RIGHT 07/14/2021 09258G112 10 13,992 SH   SOLE   13,992 0 0
BLACKROCK SCIENCE & TECHNOLOGY TUST II SHS BEN INT 09260K101 529 12,700 SH   SOLE   12,700 0 0
BLACKROCK MUNICIPAL TARGET TERM TRUST COM SHS BEN INT 09257P105 1,650 62,944 SH   SOLE   62,944 0 0
BRANDYWINE GLOBAL GLOBAL INCOME COM 10537L104 6,772 536,821 SH   SOLE   536,821 0 0
THE BLACKSTONE GROUP INC COM CL A 09260D107 5,939 61,121 SH   SOLE   61,121 0 0
BLACKROCK MUNICIPAL INCOME QUA COM 092479104 726 46,280 SH   SOLE   46,280 0 0
MS CHINA A SHARE COM 617468103 107,464 4,697,859 SH   SOLE   4,697,859 0 0
CENTRAL AND EASTERN EUROPE FUND COM 153436100 46,059 1,635,615 SH   SOLE   1,635,615 0 0
CENTRAL SECS CORP COM 155123102 1,450 34,436 SH   SOLE   34,436 0 0
THE CARLYLE GROUP INC COM 14316J108 5,673 122,045 SH   SOLE   122,045 0 0
CHINA FUND INC. COM 169373107 108,756 3,562,259 SH   SOLE   3,562,259 0 0
CALAMOS LONG/SHORT EQUITY & DYNAMIC COM 12812C106 2,645 127,254 SH   SOLE   127,254 0 0
HERZFELD CARIBBEAN BASIN FUND COM 42804T106 956 153,185 SH   SOLE   153,185 0 0
MORGAN STANLEY EMERGING MARKETS DOMESTIC COM 617477104 1,693 276,235 SH   SOLE   276,235 0 0
EATON VANCE SENIOR FLOATING-RATE FUND COM 27828Q105 6,539 461,934 SH   SOLE   461,934 0 0
EATON VANCE MUNICIPAL BOND FUND COM 27827X101 1,918 140,000 SH   SOLE   140,000 0 0
TEMPLETON EMERGING MARKETS FD COM 880191101 45,939 2,319,586 SH   SOLE   2,319,586 0 0
CLEARBRIDGE ENERGY MIDSTREAM OPPORTUNITY COM 18469P209 597 25,912 SH   SOLE   25,912 0 0
EATON VANCE TAX-ADVANTAGED GLOBAL DIVIDE COM 27828S101 1,072 51,052 SH   SOLE   51,052 0 0
EATON VANCE TAX-ADVANTAGED GLOBAL DIVIDE COM 27828U106 546 18,591 SH   SOLE   18,591 0 0
EATON VANCE SHORT DURATION DIVERSIFIED I COM 27828V104 209 15,735 SH   SOLE   15,735 0 0
EATON VANCE CALIFORNIA MUNICIPAL COM 27828A100 666 55,599 SH   SOLE   55,599 0 0
EATON VANCE MUNICIPAL INCOME TRUST COM 27826U108 562 40,000 SH   SOLE   40,000 0 0
ISHARES MSCI MALAYSIA MSCI MLY ETF NEW 46434G814 16,037 628,541 SH   SOLE   628,541 0 0
ISHARES MSCI TAIWAN MSCI TAIWAN ETF 46434G772 52,203 816,119 SH   SOLE   816,119 0 0
ISHARES MSCI KOREA MSCI STH KOR ETF 464286772 37,245 399,692 SH   SOLE   399,692 0 0
ISHARES MSCI BRAZIL- US MSCI BRAZIL ETF 464286400 525 12,941 SH   SOLE   12,941 0 0
EATON VANCE TAX-MANAGED GLOB COM 27829F108 135 13,230 SH   SOLE   13,230 0 0
I-SHARES MSCI SOUTH AFRICA MSCI STH AFR ETF 464286780 47,134 965,664 SH   SOLE   965,664 0 0
FIRST TRUST DYNAMIC EUROPE EQUITY INC COM SHS 33740D107 23,754 1,770,705 SH   SOLE   1,770,705 0 0
FIRST TRUST SENIOR FLOATING RA COM SHS 33740K101 408 42,836 SH   SOLE   42,836 0 0
FIRST TRUST HIGH INCOME LONG/SHORT FUND COM 33738E109 4,237 268,733 SH   SOLE   268,733 0 0
SPROTT FOCUS TRUST COM 85208J109 4,033 474,133 SH   SOLE   474,133 0 0
ISHARES FTSE/XINHUA CHINA 25 INDEX FUND CHINA LG CAP ETF 464287184 99,420 2,147,532 SH   SOLE   2,147,532 0 0
GABELLI EQUITY TRUST COM 362397101 1,435 208,175 SH   SOLE   208,175 0 0
GABELLI EQUITY TRUST RIGHTS RIGHT 07/14/2021 362397218 25 213,548 SH   SOLE   213,548 0 0
GENERAL AMERICAN INVESTORS COM 368802104 587 13,486 SH   SOLE   13,486 0 0
WESTERN ASSET GLOBAL CORPORATE COM 95790C107 3,358 181,491 SH   SOLE   181,491 0 0
GABELLI DIV & INCOME TRUST COM 36242H104 375 14,246 SH   SOLE   14,246 0 0
NEW GERMANY COM 644465106 17,335 856,055 SH   SOLE   856,055 0 0
PGIM GLOBAL HIGH YIELD FUND COM 69346J106 6,402 401,989 SH   SOLE   401,989 0 0
TEMPLETON GLOBAL INCOME FUND COM 880198106 7,991 1,425,723 SH   SOLE   1,425,723 0 0
GUGGENHEIM ENHANCED EQUITY INCOME FUND COM 40167B100 166 19,205 SH   SOLE   19,205 0 0
GABELLI HEALTHCARE AND WELLNESSRX TRUST SHS 36246K103 385 28,496 SH   SOLE   28,496 0 0
MILLER/HOWARD HIGH DIVIDEND FUND COM SHS BEN IN 600379101 4,533 432,574 SH   SOLE   432,574 0 0
TEKLA HEALTHCARE INVESTORS SH BEN INT 87911J103 2,959 114,990 SH   SOLE   114,990 0 0
WESTERN ASSET HIGH YIELD DEFINED OPPORTU COM 95768B107 1,842 118,316 SH   SOLE   118,316 0 0
VOYA ASIA PACIFIC HIGH DIV FUND COM 92912J102 5,854 603,856 SH   SOLE   603,856 0 0
ISHARES CORE MSCI EMERGING MARKETS ETF CORE MSCI EMKT 46434G103 378 5,638 SH   SOLE   5,638 0 0
INDIA FUND INC COM 454089103 41,887 1,908,729 SH   SOLE   1,908,729 0 0
VOYA GLOBAL EQUITY DIVIDEND COM 92912T100 103 17,191 SH   SOLE   17,191 0 0
CBRE CLARION GLOBAL REAL ESTATE INCOME F COM 12504G100 12,540 1,422,571 SH   SOLE   1,422,571 0 0
MS INDIA INVESTMENT COM 61745C105 96,477 3,913,889 SH   SOLE   3,913,889 0 0
ISHARES MSCI INDIA ETF MSCI INDIA ETF 46429B598 3,001 67,847 SH   SOLE   67,847 0 0
INVESCO QUALITY MUNICIPAL INCOME TRUST COM 46133G107 1,108 81,858 SH   SOLE   81,858 0 0
IRSA INVERSIONES Y REPRESENTAC ADR GLOBAL DEP RCPT 450047204 1,296 348,923 SH   SOLE   348,923 0 0
IRSA INVERSIONES Y REPRESENTAC WARRANT *W EXP 05/25/202 P5880C134 78 482,370 SH   SOLE   482,370 0 0
PGIM HIGH YIELD BOND FUND INC COM 69346H100 5,126 314,976 SH   SOLE   314,976 0 0
ISHARES GLOBAL HEALTHCARE ETF GLOB HLTHCRE ETF 464287325 813 9,777 SH   SOLE   9,777 0 0
NUVEEN DIVERSIFIED DIVIDEND AND INCOME F COM 6706EP105 359 34,581 SH   SOLE   34,581 0 0
ABERDEEN JAPAN EQUITY FUND INC COM 00306J109 9,084 1,031,663 SH   SOLE   1,031,663 0 0
NUVEEN GLOBAL HIGH INCOME FUND SHS 67075G103 409 25,164 SH   SOLE   25,164 0 0
JAPAN SMALLER CAPITALIZATION FUND, INC COM 47109U104 30,421 3,370,761 SH   SOLE   3,370,761 0 0
NUVEEN TAX-ADV TOTAL RETURN STRATEGY FUN COM 67090H102 520 44,562 SH   SOLE   44,562 0 0
KOREA FUND COM NEW 500634209 86,463 1,862,825 SH   SOLE   1,862,825 0 0
KKR & CO INC CL A 48251W104 6,655 112,345 SH   SOLE   112,345 0 0
DWS MUNICIPAL INCOME TRUST COM 233368109 1,379 112,695 SH   SOLE   112,695 0 0
KRANESHARES CSI CHINA INTERNET CSI CHI INTERNET 500767306 85,732 1,228,694 SH   SOLE   1,228,694 0 0
BLACKROCK MUNIYIELD CALIFORNIA QUALITY F COM 09254N103 288 18,270 SH   SOLE   18,270 0 0
ISHARES MSCI CHINA ETF MSCI CHINA ETF 46429B671 118,666 1,439,157 SH   SOLE   1,439,157 0 0
BLACKROCK MUNIHOLDINGS INVESTMENT QUALIT COM 09254P108 1,755 118,594 SH   SOLE   118,594 0 0
MACQUARIE GLOBAL INFRASTRUCTURE TOTAL RE COM 55608D101 2,564 111,061 SH   SOLE   111,061 0 0
BLACKROCK MUNIHOLDINGS NEW YORK COM 09255C106 206 13,961 SH   SOLE   13,961 0 0
WESTERN ASSET MANAGED MUNICIPALS FUND COM 95766M105 415 30,601 SH   SOLE   30,601 0 0
BLACKROCK MUNIYIELD PA COM 09255G107 161 10,237 SH   SOLE   10,237 0 0
BLACKROCK MUNIHOLDINGS QUALITY FUND II I COM 09254C107 185 13,111 SH   SOLE   13,111 0 0
BLACKROCK MUNI INTERMEDIATE DURATION FUN COM 09253X102 637 40,704 SH   SOLE   40,704 0 0
MEXICO EQUITY & INCOME FUND INC COM 592834105 953 78,913 SH   SOLE   78,913 0 0
MEXICO FUND COM 592835102 73,470 4,819,267 SH   SOLE   4,819,267 0 0
BLACKROCK MUNIYIELD FUND INC COM 09253W104 640 42,274 SH   SOLE   42,274 0 0
BLACKROCK MUNIYIELD QUALITY FUND III COM 09254E103 3,488 234,564 SH   SOLE   234,564 0 0
BLACKROCK MUNIYIELD NY QUAL COM 09255E102 214 15,198 SH   SOLE   15,198 0 0
NUVEEN CALIFORNIA QUALITY MUNI COM 67066Y105 1,030 65,000 SH   SOLE   65,000 0 0
NUVEEN QUALITY MUNICIPAL INCOME COM 67066V101 3,792 236,800 SH   SOLE   236,800 0 0
NUVEEN AMT-FREE MUNICIPAL INCOME FUND COM 670657105 5,400 344,039 SH   SOLE   344,039 0 0
VIRTUS DIVIDEND INTEREST COM 92840R101 1,015 67,298 SH   SOLE   67,298 0 0
GLOBAL X NIGERIA INDEX ETF GBL X MSCI NGR 37954Y665 789 62,874 SH   SOLE   62,874 0 0
NUVEEN CALIFORNIA AMT FREE QUA COM 670651108 426 26,152 SH   SOLE   26,152 0 0
NEUBERGER BERMAN MLP AND ENERGY INCOME COM 64129H104 28,844 5,780,307 SH   SOLE   5,780,307 0 0
NUVEEN PENNSYLVANIA QUALITY MUNI COM 670972108 349 23,164 SH   SOLE   23,164 0 0
NUVEEN NEW YORK AMT FREE QUALI COM 670656107 856 60,377 SH   SOLE   60,377 0 0
NUVEEN MUNICIPAL CREDIT INCOME COM SH BEN INT 67070X101 2,154 125,000 SH   SOLE   125,000 0 0
GLOBAL X MSCI PAKISTAN ETF MSCI PAKISTAN 37954Y335 728 25,000 SH   SOLE   25,000 0 0
ADAMS NATURAL RESOURCES FUND I COM 00548F105 290 17,921 SH   SOLE   17,921 0 0
ROYCE VALUE TRUST COM 780910105 1,884 99,265 SH   SOLE   99,265 0 0
SWISS HELVETIA FUND INC COM 870875101 6,687 688,009 SH   SOLE   688,009 0 0
TEMPLETON DRAGON FUND COM 88018T101 237,724 10,015,774 SH   SOLE   10,015,774 0 0
TAIWAN FUND COM 874036106 99,977 2,855,261 SH   SOLE   2,855,261 0 0
VANGUARD FTSE ALL WORLD EX-US ALLWRLD EX US 922042775 13,703 216,182 SH   SOLE   216,182 0 0
INVESCO TRUST FOR INVESTMENT G COM 46131M106 631 45,000 SH   SOLE   45,000 0 0
INVESCO MUNICIPAL TRUST COM 46131J103 618 45,000 SH   SOLE   45,000 0 0
INVESCO MUNICIPAL OPPORTUNITY TRUST COM 46132C107 495 36,366 SH   SOLE   36,366 0 0
INVESCO DYNAMIC CREDIT OPPORTUNITIES COM 46132R104 12,522 1,056,262 SH   SOLE   1,056,262 0 0
VANGUARD EMERGING MARKETS ETF FTSE EMR MKT ETF 922042858 3,897 71,794 SH   SOLE   71,794 0 0
IPATH S&P 500 VIX S/T FU ETN IPTH SR B S&P 06747R477 11,922 404,548 SH   SOLE   404,548 0 0
WA/CLAY US INFLATION-LINKED OPP&INC COM 95766R104 10,562 803,781 SH   SOLE   803,781 0 0
ENERGY SELECT SECTOR SPDR ENERGY 81369Y506 206 3,829 SH   SOLE   3,829 0 0
TECHNOLOGY SELECT SECTOR SPDR SBI MATERIALS 81369Y803 210 1,425 SH   SOLE   1,425 0 0