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

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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 CHILE FD INC COM 00301w105 2,655 297,337 SH   SOLE   297,337 0 0
ABERDEEN EMERGING MARKETS SM COM 00301T102 1,703 117,158 SH   SOLE   117,158 0 0
ABERDEEN GREATER CHINA FUND INC COM 003031101 2,276 182,686 SH   SOLE   182,686 0 0
ABERDEEN INDONESIA FD INC COM 00305P106 4,153 543,559 SH   SOLE   543,559 0 0
ABERDEEN JAPAN EQUITY FUND INC COM 00306J109 7,919 878,137 SH   SOLE   878,137 0 0
ABERDEEN LATIN AMER EQTY FD COM COM 00306K106 4,359 163,151 SH   SOLE   163,151 0 0
ABERDEEN SINGAPORE FD INC COM COM 003244100 3,837 308,910 SH   SOLE   308,910 0 0
ADAMS DIVERSIFIED EQUITY FD COM COM 006212104 38,658 2,572,066 SH   SOLE   2,572,066 0 0
ALLIANCE CALIF MUN INCOME FD COM COM 018546101 211 15,500 SH   SOLE   15,500 0 0
ALLIANCEBERNSTEIN NATL MUNI IN COM COM 01864u106 4,841 361,263 SH   SOLE   361,263 0 0
ASIA PAC FD INC COM COM 044901106 23,543 1,633,260 SH   SOLE   1,633,260 0 0
ATLANTIC ACQ CORP COM 048206106 4,820 488,891 SH   SOLE   488,891 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW COM 084670702 310 1,564 SH   SOLE   1,564 0 0
BIG ROCK PART ACQ CORP COM 089482103 884 91,100 SH   SOLE   91,100 0 0
BISON CAPITAL ACQ CORP COM g1142p104 5,082 514,924 SH   SOLE   514,924 0 0
BLACK RIDGE ACQ CORP COM 09216t107 2,524 261,255 SH   SOLE   261,255 0 0
BLACKROCK CORE BD TR SHS BEN INT COM 09249E101 11,114 791,591 SH   SOLE   791,591 0 0
BLACKROCK CR ALLCTN INC TR COM COM 092508100 42,865 3,218,128 SH   SOLE   3,218,128 0 0
BLACKROCK ENH CAP & INC FD INC COM COM 09256A109 12,283 749,886 SH   SOLE   749,886 0 0
BLACKROCK INCOME TR INC COM COM 09247F100 53,055 8,598,903 SH   SOLE   8,598,903 0 0
BLACKROCK MUNI INTER DR FD INC COM COM 09253X102 6,356 456,606 SH   SOLE   456,606 0 0
BLACKROCK MUNI NY INT DUR FD COM 09255F109 685 50,367 SH   SOLE   50,367 0 0
BLACKROCK MUNICIPAL 2018 TERM TRUST COM 09248c106 7,632 516,690 SH   SOLE   516,690 0 0
BLACKROCK MUNIYIELD NY INSUR COM 09255E102 745 57,668 SH   SOLE   57,668 0 0
BLACKROCK MUNIYLD MICH QLTY FD COM COM 09254V105 5,664 404,573 SH   SOLE   404,573 0 0
BLACKROCK NY MUNI INC QLTY TR COM COM 09249U105 2,116 160,762 SH   SOLE   160,762 0 0
CHINA FD INC COM COM 169373107 5,785 267,202 SH   SOLE   267,202 0 0
CLOUGH GLBL OPPORTUNITIES FD COM 18914e106 4,053 372,520 SH   SOLE   372,520 0 0
CM SEVEN STAR ACQ CORP COM g2345n102 364 37,675 SH   SOLE   37,675 0 0
COHEN & STEERS GLOBAL INC BLDR COM COM 19248M103 1,394 141,141 SH   SOLE   141,141 0 0
CONSTELLATION BRANDS INC CL A COM 21036P108 969 4,240 SH   SOLE   4,240 0 0
CONSTELLATION BRANDS INC CL B COM 21036p207 613 2,696 SH   SOLE   2,696 0 0
DISNEY WALT CO COM DISNEY COM 254687106 310 2,887 SH   SOLE   2,887 0 0
DOWDUPOINT INC COM 26078j100 241 3,377 SH   SOLE   3,377 0 0
DRAPER OAKWOOD TECHNOLOGY ACQ CORP COM 26146L103 3,257 333,400 SH   SOLE   333,400 0 0
DUFF & PHELPS UTILITY & CORPORATE BOND TR COM 26432k108 13,463 1,521,256 SH   SOLE   1,521,256 0 0
DEUTSCHE HIGH INCOME OPPORT FD COM COM 25158y102 374 24,875 SH   SOLE   24,875 0 0
EATON VANCE CA MUNI INC TRST COM 27826F101 547 45,009 SH   SOLE   45,009 0 0
EATON VANCE MI MUNI INCOME TR SH BEN INT COM 27826D106 1,178 91,853 SH   SOLE   91,853 0 0
EATON VANCE MUN BD FD COM COM 27827X101 65,542 5,239,206 SH   SOLE   5,239,206 0 0
EATON VANCE MUN BD FD II COM COM 27827K109 16,161 1,312,838 SH   SOLE   1,312,838 0 0
EATON VANCE MUNICIPAL INCOME COM 27826U108 1,690 136,318 SH   SOLE   136,318 0 0
EATON VANCE NEW YORK MUN BD FD COM COM 27827Y109 1,309 106,184 SH   SOLE   106,184 0 0
EATON VANCE NY MUNICIPAL INC COM 27826w104 416 32,769 SH   SOLE   32,769 0 0
EATON VANCE OH MUNI INCOME TR SH BEN INT COM 27826G109 571 43,818 SH   SOLE   43,818 0 0
EATON VANCE PA MUN BD FD COM COM 27828W102 135 10,844 SH   SOLE   10,844 0 0
EATON VANCE PA MUNI INCOME TR SH BEN INT COM 27826T101 756 61,979 SH   SOLE   61,979 0 0
EUROPEAN EQUITY FUND COM COM 298768102 3,043 308,310 SH   SOLE   308,310 0 0
EXXON MOBIL CORP COM COM 30231G102 892 10,668 SH   SOLE   10,668 0 0
FEDERATED PREMIER MUNI INC COM 31423P108 6,262 446,022 SH   SOLE   446,022 0 0
FIRST TR ABERDEEN GLBL OPP FD COM SHS COM 337319107 16,395 1,406,070 SH   SOLE   1,406,070 0 0
FORUM MERGER CORPORATION; TNT ACQ DT: 4/12/2019 CASH: $10.10 COM 34985b103 29,680 2,973,988 SH   SOLE   2,973,988 0 0
GABELLI EQUITY TRUST COM 362397101 26,123 4,220,126 SH   SOLE   4,220,126 0 0
GABELLI HLTHCARE & WELLNESS TR SHS COM 36246K103 9,325 903,539 SH   SOLE   903,539 0 0
GENERAL AMERN INVS INC COM COM 368802104 211 6,126 SH   SOLE   6,126 0 0
HENNESSY CAPITAL III ACQ CORP COM 42588l105 24,564 2,506,555 SH   SOLE   2,506,555 0 0
HOME DEPOT INC COM COM 437076102 501 2,641 SH   SOLE   2,641 0 0
I-AM CAPITAL ACQ CORP COM 45074q108 4,503 457,125 SH   SOLE   457,125 0 0
INDUSTREA ACQ CORP COM 45579j104 9,329 959,730 SH   SOLE   959,730 0 0
INDUSTREA ACQ CORP COM 45579j203 5,552 551,925 SH   SOLE   551,925 0 0
INVESCO MUN OPPORTUNITY TR COM 46132C107 13,167 1,061,836 SH   SOLE   1,061,836 0 0
INVESCO MUN TR COM 46131J103 543 43,446 SH   SOLE   43,446 0 0
INVESCO QUALITY MUNI INC TRST COM COM 46133G107 13,708 1,095,731 SH   SOLE   1,095,731 0 0
INVESCO VALUE MUN INCOME TR COM COM 46132P108 42,421 2,847,037 SH   SOLE   2,847,037 0 0
ISHARES TR 3-7 YR TR BD ETF COM 464288661 672 5,500 SH   SOLE   5,500 0 0
ISHARES TR CORE MSCI EURO COM 46434V738 341 6,800 SH   SOLE   6,800 0 0
ISHARES CORE S&P500 ETF COM 464287200 5,842 21,730 SH   SOLE   21,730 0 0
ISHARES TR MSCI ACWI EX US COM 464288240 6,364 127,408 SH   SOLE   127,408 0 0
ISHARES MSCI CDA ETF COM 464286509 22,351 754,096 SH   SOLE   754,096 0 0
ISHARES TR MSCI EMG MKT ETF COM 464287234 877 18,620 SH   SOLE   18,620 0 0
ISHARES MSCI JAPAN ETF COM 46434G822 18,576 309,969 SH   SOLE   309,969 0 0
ISHARES SHORT TERM NATIONAL MUNI BOND COM 464288158 21,354 203,624 SH   SOLE   203,624 0 0
ISHARES TR EUROPE ETF COM 464287861 1,446 30,595 SH   SOLE   30,595 0 0
JAPAN SMALLER CAPTLZTN FD INC COM COM 47109U104 13,591 1,150,844 SH   SOLE   1,150,844 0 0
JENSYN ACQ CORP; TNT ACQ DT: 3/7/2018; CASH: $10.39 COM 47632b102 5,625 546,075 SH   SOLE   546,075 0 0
JOHNSON & JOHNSON COM 478160104 332 2,375 SH   SOLE   2,375 0 0
JPMORGAN CHASE & CO COM 46625H100 218 2,042 SH   SOLE   2,042 0 0
KAYNE ANDERSON ACQ CORP; TNT ACQ DT: 3/30/2019; CASH $10.00 COM 48661u102 477 49,100 SH   SOLE   49,100 0 0
KBL MERGER CORP. IV; TNT ACQ DT: 3/1/2019; CASH: $10.10 COM 48242A104 16,370 1,684,160 SH   SOLE   1,684,160 0 0
KIMBERLY CLARK CORP COM COM 494368103 316 2,622 SH   SOLE   2,622 0 0
LAZARD WORLD DIVID & INCOME FD COM COM 521076109 18,892 1,624,437 SH   SOLE   1,624,437 0 0
LENNOX INTL INC COM COM 526107107 17,905 85,972 SH   SOLE   85,972 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT COM 530158104 20,031 3,179,576 SH   SOLE   3,179,576 0 0
M & T BK CORP COM 55261F104 217 1,267 SH   SOLE   1,267 0 0
M I ACQ CORP; TNT ACQ DT: 03/13/2018; CASH: $10.30 COM 55304a104 3,510 344,432 SH   SOLE   344,432 0 0
M III ACQ CORP; TNT ACQ DT: 07/07/2018; CASH: $10.00 COM 55378T104 14,604 1,472,300 SH   SOLE   1,472,300 0 0
MADISON STRTG SECTOR PREM FD COM COM 558268108 15,964 1,363,237 SH   SOLE   1,363,237 0 0
MADISON CVRED CALL & EQ STR FD COM COM 557437100 15,882 2,057,318 SH   SOLE   2,057,318 0 0
MANAGED DURATION INVT GRD FUND COM COM 56165r103 22,610 1,683,561 SH   SOLE   1,683,561 0 0
MARLIN PARTNERS ACQ CORP; TNT ACQ DT: 3/10/2019; CASH: $10.00 COM 57682v106 6,015 616,336 SH   SOLE   616,336 0 0
MFS INTER INCOME TR SH BEN INT COM 55273C107 8,710 2,098,806 SH   SOLE   2,098,806 0 0
MFS INVT GRADE MUN TR SH BEN INT COM 59318B108 15,211 1,566,493 SH   SOLE   1,566,493 0 0
MICROSOFT CORP COM 594918104 412 4,822 SH   SOLE   4,822 0 0
MODERN MEDIA ACQ CORP; TNT ACQ DT: 2/12/2019; CASH: $10.10 COM 60765P103 40,177 4,091,306 SH   SOLE   4,091,306 0 0
MORGAN STANLEY ASIA PAC FD INC COM COM 61744U106 1,709 92,873 SH   SOLE   92,873 0 0
MORGAN STANLEY EMER MKTS FD COM COM 61744G107 2,308 128,987 SH   SOLE   128,987 0 0
MORGAN STANLEY INDIA INVS FD COM COM 61745C105 1,375 41,492 SH   SOLE   41,492 0 0
MORGAN STANLEY TRUSTS INCOME SECS INC COM 61745P874 40,641 2,214,768 SH   SOLE   2,214,768 0 0
NEUBERGER BERMAN NY INTMD MU COM 64124k102 212 17,414 SH   SOLE   17,414 0 0
NEW GERMANY FD INC COM COM 644465106 14,025 721,448 SH   SOLE   721,448 0 0
NUCOR CORP COM COM 670346105 265 4,168 SH   SOLE   4,168 0 0
NUVEEN AMT-FREE MUN INCOME FD COM COM 670657105 47,016 3,419,346 SH   SOLE   3,419,346 0 0
NUVEEN BUILD AMER BD FD COM 67074C103 5,182 235,779 SH   SOLE   235,779 0 0
NUVEEN BUILD AMER BD OPPTNY FD COM 67074Q102 288 12,475 SH   SOLE   12,475 0 0
NUVEEN CORE EQUITY ALPHA FUND COM COM 67090X107 4,775 327,079 SH   SOLE   327,079 0 0
NUVEEN DIVID ADVANTAGE MUN FD COM COM 67066V101 64,442 4,583,352 SH   SOLE   4,583,352 0 0
NUVEEN HIGH INCOME DECEMBER 2018 TARGET TERM FUND COM 67075p103 2,034 205,253 SH   SOLE   205,253 0 0
NUVEEN MUNI 2021 TGT TRM FD COM 670687102 3,604 381,788 SH   SOLE   381,788 0 0
NUVEEN NY AMT FREE MUN INCOME COM COM 670656107 30,587 2,360,122 SH   SOLE   2,360,122 0 0
NUVEEN OHIO QUALITY INCOME MUN COM COM 670980101 8,504 580,851 SH   SOLE   580,851 0 0
ORACLE CORP COM 68389X105 272 5,758 SH   SOLE   5,758 0 0
PAYCHEX INC COM COM 704326107 319 4,690 SH   SOLE   4,690 0 0
PENSARE ACQ CORP COM 70957e105 58,560 6,062,075 SH   SOLE   6,062,075 0 0
PEPSICO INC COM 713448108 300 2,500 SH   SOLE   2,500 0 0
PIONEER MUNI HI INCOME TRUST COM 723763108 542 45,753 SH   SOLE   45,753 0 0
POWERSHARES VRDO TAX-FREE WEEKLY PORTFOLIO COM 73936t433 21,523 864,040 SH   SOLE   864,040 0 0
PROCTER & GAMBLE CO COM 742718109 209 2,273 SH   SOLE   2,273 0 0
SEMPRA ENERGY COM COM 816851109 219 2,050 SH   SOLE   2,050 0 0
SPDR DOUBLELINE TOTAL RETURN TACT ETF COM 78467v848 2,694 55,395 SH   SOLE   55,395 0 0
SPDR S&P 500 ETF TRUST COM 78462F103 101,123 378,935 SH   SOLE   378,935 0 0
SPDR SER TR NUVN BR SHT MUNI COM 78468R739 56,612 1,181,622 SH   SOLE   1,181,622 0 0
STELLAR III ACQ CORP; TNT ACQ DT: 2/24/2018; CASH $10.32 COM y8172w107 8,311 813,975 SH   SOLE   813,975 0 0
SWISS HELVETIA FD INC COM COM 870875101 12,641 990,662 SH   SOLE   990,662 0 0
TAIWAN FD INC COM COM 874036106 3,248 155,639 SH   SOLE   155,639 0 0
TEKLA HEALTHCARE OPPORTUNIT FD SHS COM 879105104 5,816 331,966 SH   SOLE   331,966 0 0
TEMPLETON DRAGON FD INC COM COM 88018T101 657 30,556 SH   SOLE   30,556 0 0
TEMPLETON EMERGING MKTS FD INC COM COM 880191101 2,356 143,542 SH   SOLE   143,542 0 0
INVESCO PA VALUE MUN INCOME TR COM COM 46132K109 11,838 974,330 SH   SOLE   974,330 0 0
VANECK VECTORS ETF TR AMT FREE SHORT M COM 92189f528 3,045 176,643 SH   SOLE   176,643 0 0
VANGUARD BD INDEX FD INC SHORT TRM BOND COM 921937827 15,670 198,100 SH   SOLE   198,100 0 0
VANGUARD INTL EQUITY INDEX FD ALLWRLD EX US COM 922042775 29,769 544,033 SH   SOLE   544,033 0 0
VANGUARD INDEX FDS S&P 500 ETF SH COM 922908363 255,174 1,040,294 SH   SOLE   1,040,294 0 0
VANGUARD INDEX FDS SMALL CP ETF COM 922908751 75,057 507,829 SH   SOLE   507,829 0 0
VANGUARD INTERMEDIATE TERM TREASURY INDEX FUND ETF COM 92206c706 1,251 19,565 SH   SOLE   19,565 0 0
VANGUARD INTERM-TERM COPR BD ETF COM 92206c870 19,970 228,515 SH   SOLE   228,515 0 0
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF COM 922042858 42,141 917,901 SH   SOLE   917,901 0 0
VANGUARD INTL EQUITY INDEX FD FTSE EUROPE ETF COM 922042874 141,112 2,385,672 SH   SOLE   2,385,672 0 0
VANGUARD FTSE PACIFIC ETF COM 922042866 44,731 613,597 SH   SOLE   613,597 0 0
VANGUARD BD INDEX FD INC LONG TERM BOND COM 921937793 24,233 254,870 SH   SOLE   254,870 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF COM 921943858 1,372 30,594 SH   SOLE   30,594 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT COM 921937835 26,817 328,764 SH   SOLE   328,764 0 0
VANGUARD INDEX FDS TOTAL STK MKT COM 922908769 49,628 361,585 SH   SOLE   361,585 0 0
VANGUARD VALUE ETF COM 922908744 15,825 148,841 SH   SOLE   148,841 0 0
VOYA ASIA PAC DIVID EQUITY IN COM COM 92912J102 1,022 97,516 SH   SOLE   97,516 0 0
W P CAREY INC COM COM 92936U109 268 3,889 SH   SOLE   3,889 0 0
WESTERN ASSET CLYM INFL OPP IN COM COM 95766R104 12,530 1,097,208 SH   SOLE   1,097,208 0 0
WESTERN ASSET CLYM INFL SEC IN COM 95766Q106 1,400 118,750 SH   SOLE   118,750 0 0
WESTERN ASSET HIGH YIELD DEFINE COM 95768b107 234 15,500 SH   SOLE   15,500 0 0
WESTERN ASSET MUN HI INCM FD COM COM 95766N103 81 10,903 SH   SOLE   10,903 0 0