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
Expires:Oct 31, 2018
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ABERDEEN TOTAL DYNAMIC DIVDCOM SH BEN INT00326L10017,1032,372,099SH SOLE 2,317,275054,824
ALLIANCE CALIF MUN INCOME FDCOM01854610118513,535SH SOLE 13,53500
ALLIANCEBERNSTEIN GBL HGH INCOM01879R1066,287597,044SH SOLE 597,04400
ALLIANZGI NFJ DIVID INT & PRCOM01883A1072,518235,729SH SOLE 235,72900
APOLLO SR FLOATING RATE FD ICOM03763610725617,800SH SOLE 17,80000
APOLLO TACTICAL INCOME FD INCOM0376381031,15984,173SH SOLE 84,17300
ARES DYNAMIC CR ALLOCATION FCOM04014F1022,028146,986SH SOLE 146,98600
AVON PRODS INCCOM0543031022,3681,558,022SH SOLE 1,558,02200
BANCROFT FUND LTDCOM05969510632417,379SH SOLE 17,37900
BARINGS GLOBAL SHORT DURATIOCOM06760L1002,391149,931SH SOLE 149,93100
BLACKROCK CALIF MUN INCOME TSH BEN INT09248E1026,777566,164SH SOLE 566,16400
BLACKROCK CORPOR HI YLD FD ICOM09255P10718,7372,019,092SH SOLE 1,846,1970172,895
BLACKROCK CR ALLCTN INC TRCOM09250810019,5531,748,918SH SOLE 1,654,918094,000
BLACKROCK DEBT STRAT FD INCCOM NEW09255R20228,1262,878,777SH SOLE 2,878,77700
BLACKROCK FLOAT RATE OME STRCOM09255X10094479,359SH SOLE 79,35900
BLACKROCK LTD DURATION INC TCOM SHS09249W1011,555116,319SH SOLE 116,31900
BLACKROCK MULTI-SECTOR INC TCOM09258A1071,706111,079SH SOLE 111,07900
BLACKROCK MUNI INTER DR FD ICOM09253X1021,584125,225SH SOLE 125,22500
BLACKROCK MUNI N Y INTER DURCOM09255F1093,495281,844SH SOLE 281,84400
BLACKROCK MUNIHLDGS NJ QLTYCOM09254X10111,632924,628SH SOLE 924,62800
BLACKROCK MUNIHLDGS NY QLTYCOM09255C1065,538462,307SH SOLE 462,30700
BLACKROCK MUNIHLDNGS CALI QLCOM09254L1073,758304,824SH SOLE 304,82400
BLACKROCK MUNIYIELD CALI QLTCOM09254N10371956,915SH SOLE 56,91500
BLACKROCK MUNIYIELD N J FD ICOM09254Y1093,064236,586SH SOLE 236,58600
BLACKROCK MUNIYIELD NY QLTYCOM09255E1027,888684,720SH SOLE 684,72000
BLACKROCK MUNIYIELD PA QLTYCOM09255G1072,030161,774SH SOLE 161,77400
BLACKROCK MUNIYLD MICH QLTYCOM09254V1055,593450,339SH SOLE 450,33900
BLACKROCK N Y MUN INCOME TRSH BEN INT09248L1062,541207,586SH SOLE 207,58600
BLACKROCK NY MUN INCOME TR ICOM09249R1021,800145,188SH SOLE 145,18800
BLACKROCK NY MUNI INC QLTY TCOM09249U1053,052252,628SH SOLE 252,62800
BLACKROCK NY MUNICIPAL BONDCOM09249P1061,693132,347SH SOLE 132,34700
BRANDYWINEGBL GLBAL INM OPRTCOM10537L1043,363323,962SH SOLE 323,96200
BROOKFIELD REAL ASSETS INCOMSHS BEN INT11283010475439,560SH SOLE 39,56000
CHINA FD INCCOM1693731071,20971,580SH SOLE 71,58000
CISCO SYS INCCOM17275R10233,754779,000SHPutSOLE 779,00000
CISCO SYS INCCOM17275R1024,544104,867SH SOLE 104,86700
COMMUNITY HEALTH SYS INC NEWCOM20366810817,4196,177,067SH SOLE 6,177,06700
COMMUNITY HEALTH SYS INC NEWRIGHT 12/31/201920366811621,981,077SH SOLE 1,981,07700
CREDIT SUISSE ASSET MGMT INCCOM224916106797287,748SH SOLE 287,74800
CREDIT SUISSE HIGH YLD BND FSH BEN INT22544F1035525,500SH SOLE 25,50000
DEAN FOODS CO NEWCOM NEW242370203381100,000SH SOLE 100,00000
DELAWARE ENHANCED GBL DIV &COM2460601076,014691,208SH SOLE 669,209021,999
DELAWARE INV MN MUN INC FD ICOM24610V1034,520381,099SH SOLE 381,09900
DEUTSCHE BANK AGNAMEN AKTD1819089816,7082,050,000SHPutSOLE 2,050,00000
DEUTSCHE BANK AGNAMEN AKTD181908984,335531,900SH SOLE 531,90000
DIVIDEND & INCOME FUNDCOM NEW25538A2041,281134,376SH SOLE 134,37600
DONNELLEY R R & SONS COCOM2578672003,224814,211SH SOLE 814,21100
DREYFUS ALCENTRA GBL CR INCOCOM26189A10523030,000SH SOLE 30,00000
DREYFUS HIGH YIELD STRATEGIESH BEN INT26200S1019836,165SH SOLE 36,16500
DTF TAX-FREE INCOME INCCOM23334J10790172,790SH SOLE 72,79000
EATON VANCE CA MUNI INCOME TSH BEN INT27826F1013,731336,997SH SOLE 336,99700
EATON VANCE CALIF MUN BD FDCOM27828A1004,508455,335SH SOLE 455,33500
EATON VANCE FLTG RATE INCOMCOM SHS BEN INT2782841043,468243,854SH SOLE 243,85400
EATON VANCE FLTING RATE INCCOM2782791041,644129,840SH SOLE 129,84000
EATON VANCE LTD DUR INCOME FCOM27828H10572,0746,046,468SH SOLE 5,700,6440345,824
EATON VANCE MA MUNI INCOME TSH BEN INT27826E10448439,252SH SOLE 39,25200
EATON VANCE MUN BD FDCOM27827X10132228,494SH SOLE 28,49400
EATON VANCE MUNI INCOME TRUSSH BEN INT27826U10879670,421SH SOLE 70,42100
EATON VANCE NEW YORK MUN BDCOM27827Y10994585,895SH SOLE 85,89500
EATON VANCE NJ MUNI INCOME TSH BEN INT27826V10649844,492SH SOLE 44,49200
EATON VANCE NY MUNI INCOME TSH BEN INT27826W1041,723149,966SH SOLE 149,96600
EATON VANCE OH MUNI INCOME TSH BEN INT27826G10929724,439SH SOLE 24,43900
EATON VANCE OHIO MUNICIPAL BCOM27828L10621919,287SH SOLE 19,28700
EATON VANCE PA MUN BD FDCOM27828W10248242,320SH SOLE 42,32000
EATON VANCE PA MUNI INCOME TSH BEN INT27826T10124822,288SH SOLE 22,28800
EATON VANCE SR FLTNG RTE TRCOM27828Q10555744,380SH SOLE 44,38000
EATON VANCE SR INCOME TRSH BEN INT27826S1037,5661,261,060SH SOLE 1,189,060072,000
EATON VANCE TAX ADV BD OPT SCOM SH BEN INT27829M10361872,498SH SOLE 72,49800
EBAY INCCOM27864210316,842600,000SHPutSOLE 600,00000
EBAY INCCOM2786421036,381227,338SH SOLE 227,33800
EXCHANGE LISTED FDS TRSABA INT RATE30151E80626214,924SH SOLE 14,92400
FINTECH ACQUISITION CORP IIIUNIT 12/01/202331811A3091,404140,000SH SOLE 140,00000
FIRST TR ABERDEEN GLBL OPP FCOM SHS3373191072,568273,823SH SOLE 273,82300
FIRST TR HIGH INCOME L/S FDCOM33738E10925,9721,955,744SH SOLE 1,837,2600118,484
FIRST TR SR FLG RTE INCM FDCOM33733U1083,325296,891SH SOLE 296,89100
FORD MTR CO DELCOM PAR $0.0134537086019,1252,500,000SHPutSOLE 2,500,00000
FORD MTR CO DELCOM PAR $0.013453708606,311825,000SH SOLE 825,00000
FRANKLIN UNVL TRSH BEN INT3551451036410,058SH SOLE 10,05800
GENERAL AMERN INVS INCCOM36880210412,671445,534SH SOLE 445,53400
GENESIS ENERGY L PUNIT LTD PARTN37192710419,7631,070,000SHPutSOLE 1,070,00000
HERBALIFE NUTRITION LTDCOM SHSG4412G10128,456482,700SHPutSOLE 482,70000
HOSTESS BRANDS INC*W EXP 11/04/20244109J114208238,772SH SOLE 238,77200
INVESCO DYNAMIC CR OPP FDCOM46132R10437,0523,607,769SH SOLE 3,415,7040192,065
INVESCO HIGH INCOME TR IICOM46131F10113,6051,085,764SH SOLE 992,375093,389
INVESCO SR INCOME TRCOM46131H10747,53212,156,597SH SOLE 11,413,7170742,880
ISHARES TRBARCLAYS 7 10 YR464287440187,5601,800,000SHCallSOLE 1,800,00000
ISHARES TRBARCLAYS 7 10 YR464287440135,4601,300,000SHPutSOLE 1,300,00000
ISHARES TRIBOXX HI YD ETF464288513924,70211,402,000SHPutSOLE 11,402,00000
ISHARES TRBARCLAYS 7 10 YR4642874404,69145,021SH SOLE 45,02100
IVY HIGH INC OPPORTUNITIES FCOM46589310514,7641,217,166SH SOLE 1,166,675050,491
KKR INCOME OPPORTUNITIES FDCOM48249T1061,26688,841SH SOLE 88,84100
L BRANDS INCCOM50179710415,915620,000SHPutSOLE 620,00000
L BRANDS INCCOM5017971042288,884SH SOLE 8,88400
LAZARD WORLD DIVID & INCOMECOM52107610914617,148SH SOLE 17,14800
LIBERTY ALL STAR EQUITY FDSH BEN INT53015810413925,821SH SOLE 25,82100
LINDBLAD EXPEDITIONS HLDGS I*W EXP 07/08/2025352191177724,525SH SOLE 24,52500
MFS CALIF MUN FDCOM59318C10688688,599SH SOLE 88,59900
MORGAN STANLEY EMER MKTS DEBCOM61744H1051,662201,982SH SOLE 201,98200
NEUBERGER BERMAN HGH YLD FDCOM64128C10616,5351,709,923SH SOLE 1,461,1070248,816
NEUBERGER BRMAN CLIFRN MUNICOM64123C1011,977163,084SH SOLE 163,08400
NEUBERGER BRMAN NY MUNI FD ICOM64124K1021,660149,253SH SOLE 149,25300
NEW AMER HIGH INCOME FD INCCOM NEW6418768007,7931,030,764SH SOLE 1,030,76400
NEW GOLD INC CDACOM6445351062,6673,523,784SH SOLE 3,523,78400
NUVEEN ARIZONA QLTY MUN INCCOM67061W1043,078259,350SH SOLE 259,35000
NUVEEN CA QUALTY MUN INCOMECOM67066Y1054,261334,189SH SOLE 334,18900
NUVEEN CALIFORNIA AMT QLT MUCOM67065110845135,594SH SOLE 35,59400
NUVEEN CONNECTICUT QLTY MUNCOM67060D10710,925970,231SH SOLE 970,23100
NUVEEN CR STRATEGIES INCM FDCOM SHS67073D10294,99512,837,178SH SOLE 11,929,6460907,532
NUVEEN FLOATING RATE INCOMECOM67072T1081,328143,887SH SOLE 143,88700
NUVEEN FLTNG RTE INCM OPP FDCOM SHS6706EN1002,402266,251SH SOLE 266,25100
NUVEEN GEORGIA QLTY MUN INCCOM67072B1073,811348,364SH SOLE 348,36400
NUVEEN GLOBAL HIGH INCOME FDSHS67075G1035,462400,138SH SOLE 400,13800
NUVEEN MARYLAND QLT MUN INCCOM67061Q1077,723658,996SH SOLE 658,99600
NUVEEN MICHIGAN QLT MUN INCCOM6709791037,976640,155SH SOLE 640,15500
NUVEEN MINESOTA QLT MUN INCSHS67073410240733,402SH SOLE 33,40200
NUVEEN MULTI MKT INCOME FDCOM67075J10752976,708SH SOLE 76,70800
NUVEEN NEW JERSEY MUN VALUESHS67070210936929,974SH SOLE 29,97400
NUVEEN NEW JERSEY QULT MUN FCOM67069Y1029,183720,771SH SOLE 720,77100
NUVEEN NEW YORK AMT QLT MUNICOM67065610713,5761,165,338SH SOLE 1,165,33800
NUVEEN NEW YORK QLT MUN INCCOM67066X1071,903155,342SH SOLE 155,34200
NUVEEN NORTH CAROLINA QLTY MCOM67060P1006,304534,729SH SOLE 534,72900
NUVEEN OHIO QLTY MUN INCOMECOM6709801017,828588,545SH SOLE 588,54500
NUVEEN PENNSYLVANIA QLT MUNCOM6709721088,989736,826SH SOLE 736,82600
NUVEEN PFD & INCM SECURTIESCOM67072C10566079,698SH SOLE 0079,698
NUVEEN SHT DUR CR OPP FDCOM67074X10719413,519SH SOLE 13,51900
NUVEEN SR INCOME FDCOM67067Y10448187,415SH SOLE 87,41500
NUVEEN TEXAS QLTY MUN INCMECOM6709831051,565126,306SH SOLE 126,30600
NUVEEN VIRGINIA QLTY MUNCPLCOM67064R1022,777236,907SH SOLE 236,90700
OCWEN FINL CORPCOM NEW675746309502374,463SH SOLE 374,46300
ONEMAIN HLDGS INCCOM68268W10324,2901,000,000SHPutSOLE 1,000,00000
ONEMAIN HLDGS INCCOM68268W1037,725318,026SH SOLE 318,02600
ORACLE CORPCOM68389X1052,25850,000SHPutSOLE 50,00000
ORACLE CORPCOM68389X1051,38930,764SH SOLE 30,76400
PG&E CORPCOM69331C1082,404101,200SHPutSOLE 101,20000
PG&E CORPCOM69331C10866828,125SH SOLE 28,12500
PGIM GLOBAL SHORT DURATION HCOM69346J10630,3942,352,477SH SOLE 2,024,8960327,581
PGIM SHORT DURATION HIGH YIECOM69346H10020,9771,609,930SH SOLE 1,454,8030155,127
PIONEER DIV HIGH INCOME TRUSCOM7236531015,080390,798SH SOLE 374,302016,496
PIONEER FLOATING RATE TRCOM72369J1021,495151,952SH SOLE 151,95200
PIONEER HIGH INCOME TRCOM72369H1061,231154,411SH SOLE 154,41100
QUALCOMM INCCOM74752510356,9101,000,000SHPutSOLE 1,000,00000
QUALCOMM INCCOM74752510342,385744,766SH SOLE 744,76600
REALOGY HLDGS CORPCOM75605Y10627,3061,860,100SHPutSOLE 1,860,10000
REALOGY HLDGS CORPCOM75605Y10636725,000SH SOLE 25,00000
ROYCE GLOBAL VALUE TR INCCOM78081T1043,936443,273SH SOLE 438,67304,600
SEADRILL LTDCOMG7998G1065,755590,238SH SOLE 590,23800
SIMON PPTY GROUP INC NEWCOM82880610950,397300,000SHPutSOLE 300,00000
SUBURBAN PROPANE PARTNERS LUNIT LTD PARTN86448210410,151526,800SHPutSOLE 526,80000
TESLA INCCOM88160R10150,819152,700SHPutSOLE 152,70000
TEXAS INSTRS INCCOM88250810428,350300,000SHPutSOLE 300,00000
TEXAS INSTRS INCCOM88250810428,350300,000SH SOLE 300,00000
THL CR SR LN FDCOM87244R1031,09273,506SH SOLE 73,50600
VANECK VECTORS ETF TROIL SVCS ETF92189F71814,0301,000,000SHPutSOLE 1,000,00000
VANECK VECTORS ETF TROIL SVCS ETF92189F7185,336380,300SH SOLE 380,30000
VIRTUS GLOBAL MULTI-SEC INCCOM92829B10136032,528SH SOLE 32,52800
VOYA PRIME RATE TRSH BEN INT92913A10031,0756,920,996SH SOLE 6,468,1450452,851
WELLS FARGO INCOME OPPORTUNIWF INC OPPTY FD94987B10541,7235,770,763SH SOLE 5,612,2390158,524
WELLS FARGO MULTI SECTOR INCCOM94987D1011,02892,684SH SOLE 92,68400
WESTERN ASSET CORPORATE LN FCOM95790J1023,008334,911SH SOLE 334,91100
WESTERN ASSET GLB HI INCOMECOM95766B10940,6694,917,633SH SOLE 4,448,3660469,267
WESTERN ASSET HGH YLD DFNDFDCOM95768B1076,927526,781SH SOLE 425,6660101,115
WESTERN ASSET HIGH INCM FD ICOM95766J10252,8379,173,048SH SOLE 8,486,3180686,730
WESTERN ASSET HIGH INCM OPPCOM95766K10955,95312,774,682SH SOLE 11,638,51301,136,169
XEROX CORPCOM NEW9841216081,93197,700SHPutSOLE 97,70000
XEROX CORPCOM NEW9841216081,92997,643SH SOLE 97,64300