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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Great Ajax Corp 7.25 CV SR NT 24 38983D409   21,554,742 893,646 SH   SOLE   893,646 0 0
BlackRock ESG Capital Allocation Term Trust SHS BEN INT 09262F100   14,758,468 997,868 SH   SOLE   997,868 0 0
Nuveen Core Plus Impact Fund COM BEN INT 67080D103   13,968,515 1,524,947 SH   SOLE   1,524,947 0 0
Templeton Global Income Fund COM 880198106   11,957,566 3,097,815 SH   SOLE   3,097,815 0 0
Miller/Howard High Dividend Fund COM SHS BEN IN 600379101   10,528,175 1,061,308 SH   SOLE   1,061,308 0 0
Center Coast Brookfield MLP & Energy Infrastructure Fund SHS BEN INT 151461209   6,268,840 295,700 SH   SOLE   295,700 0 0
PIMCO Energy & Tactical Credit Opportunities Fund COM SHS BEN INT 69346N107   6,044,600 304,821 SH   SOLE   304,821 0 0
Tortoise Midstream Energy Fund Inc COM 89148B200   5,538,122 162,123 SH   SOLE   162,123 0 0
BlackRock California Municipal Income Trust SH BEN INT 09248E102   5,436,979 528,375 SH   SOLE   528,375 0 0
Great Ajax Corp COM 38983D300   5,201,086 807,622 SH   SOLE   807,622 0 0
Eaton Vance New York Municipal Bond Fund COM 27827Y109   4,762,008 574,428 SH   SOLE   574,428 0 0
BrightSpire Capital Inc COM CL A 10949T109   4,730,745 755,710 SH   SOLE   755,710 0 0
General American Investors Co Inc COM 368802104   4,662,589 119,406 SH   SOLE   119,406 0 0
ClearBridge MLP & Midstream Total Return Fund Inc COM 18469Q207   4,049,351 126,266 SH   SOLE   126,266 0 0
Nuveen Corporate Income 2023 Target Term Fund COM 67079F101   3,949,407 413,984 SH   SOLE   413,984 0 0
First Trust Dynamic Europe Equity Income Fund COM SHS 33740D107   3,936,616 317,469 SH   SOLE   317,469 0 0
MFS Investment Grade Municipal Trust SH BEN INT 59318B108   3,836,472 542,641 SH   SOLE   542,641 0 0
Nuveen Pennsylvania Quality Municipal Income Fund COM 670972108   3,500,880 344,236 SH   SOLE   344,236 0 0
NXG NextGen Infrastructure Income Fund COM 231647207   3,463,313 92,355 SH   SOLE   92,355 0 0
New York Mortgage Trust Inc COM 649604840   3,335,254 392,845 SH   SOLE   392,845 0 0
Eaton Vance California Municipal Bond Fund COM 27828A100   3,309,233 407,541 SH   SOLE   407,541 0 0
BlackRock Capital Investment Corp COM 092533108   3,167,216 853,697 SH   SOLE   853,697 0 0
PGIM Short Duration High Yield Opportunities Fund COM 69355J104   2,784,413 192,161 SH   SOLE   192,161 0 0
VMware Inc CL A COM 928563402   2,565,124 15,408 SH   SOLE   15,408 0 0
Mexico Fund Inc/The COM 592835102   2,563,490 155,646 SH   SOLE   155,646 0 0
Morgan Stanley India Investment Fund Inc COM 61745C105   2,540,122 113,652 SH   SOLE   113,652 0 0
Tortoise Energy Infrastructure Corp COM 89147L886   2,464,390 85,273 SH   SOLE   85,273 0 0
Taiwan Fund Inc/The/MD COM 874036106   2,366,142 78,924 SH   SOLE   78,924 0 0
Morgan Stanley Emerging Markets Domestic Debt Fund Inc COM 617477104   2,337,871 548,796 SH   SOLE   548,796 0 0
Destra Multi-Alternative Fund Common Shares 25065A502   2,128,964 356,014 SH   SOLE   356,014 0 0
MFA Financial Inc COM 55272X607   2,118,726 220,471 SH   SOLE   220,471 0 0
BNY Mellon Municipal Income Inc COM 05589T104   1,943,358 342,744 SH   SOLE   342,744 0 0
Nuveen Preferred & Income Term Fund COM 67075A106   1,907,175 111,076 SH   SOLE   111,076 0 0
New America High Income Fund Inc/The COM NEW 641876800   1,724,963 266,198 SH   SOLE   266,198 0 0
SRH Total Return Fund Inc COM 101507101   1,724,795 132,881 SH   SOLE   132,881 0 0
BlackRock Health Sciences Term Trust COM SHS 09260E105   1,501,436 104,194 SH   SOLE   104,194 0 0
Western Asset Inflation-Linked Opportunities & Income Fund COM 95766R104   1,355,753 164,733 SH   SOLE   164,733 0 0
Calamos Long/Short Equity & Dynamic Income Trust COM 12812C106   1,288,653 87,130 SH   SOLE   87,130 0 0
Central Securities Corp COM 155123102   1,250,068 36,483 SH   SOLE   36,483 0 0
Arlington Asset Investment Corp CL A NEW 041356205   1,223,588 285,885 SH   SOLE   285,885 0 0
Eaton Vance California Municipal Income Trust SH BEN INT 27826F101   1,201,041 131,118 SH   SOLE   131,118 0 0
DWS Strategic Municipal Income Trust COM 23342Q101   1,118,529 148,543 SH   SOLE   148,543 0 0
MFS High Income Municipal Trust SH BEN INT 59318D104   1,081,448 346,618 SH   SOLE   346,618 0 0
abrdn National Municipal Income Fund SH BEN INT 24610T108   929,889 108,001 SH   SOLE   108,001 0 0
Carlyle Credit Income Fund SH BEN INT 92535C104   869,509 106,297 SH   SOLE   106,297 0 0
DWS Municipal Income Trust COM 233368109   720,304 93,546 SH   SOLE   93,546 0 0
ClearBridge Energy Midstream Opportunity Fund Inc COM 18469P209   695,910 21,953 SH   SOLE   21,953 0 0
Clough Global Dividend and Income Fund COM 18913Y103   686,968 138,223 SH   SOLE   138,223 0 0
Reading International Inc CL A 755408101   679,638 320,584 SH   SOLE   320,584 0 0
Japan Smaller Capitalization Fund Inc COM 47109U104   654,746 92,088 SH   SOLE   92,088 0 0
BlackRock Municipal 2030 Target Term Trust COM SH BEN IN 09257P105   648,294 33,400 SH   SOLE   33,400 0 0
Radian Group Inc COM 750236101   636,764 25,359 SH   SOLE   25,359 0 0
MGIC Investment Corp COM 552848103   632,985 37,926 SH   SOLE   37,926 0 0
Voya Infrastructure Industrials and Materials Fund COM 92912X101   605,019 64,159 SH   SOLE   64,159 0 0
Morgan Stanley China A Share Fund Inc COM 617468103   603,376 48,425 SH   SOLE   48,425 0 0
PhenixFIN Corp COM 71742W103   581,289 15,337 SH   SOLE   15,337 0 0
BlackRock MuniHoldings California Quality Fund Inc COM 09254L107   570,359 59,661 SH   SOLE   59,661 0 0
Blackstone Strategic Credit 2027 Term Fund COM SHS BEN IN 09257R101   528,740 48,111 SH   SOLE   48,111 0 0
Invesco Pennsylvania Value Municipal Income Trust COM 46132K109   501,460 56,029 SH   SOLE   56,029 0 0
Nicholas Financial Inc COM NEW 65373J209   492,465 103,024 SH   SOLE   103,024 0 0
Barings Participation Investors SH BEN INT 06761A103   472,508 35,183 SH   SOLE   35,183 0 0
Kayne Anderson NextGen Energy & Infrastructure Inc COM 48661E108   443,063 62,228 SH   SOLE   62,228 0 0
Neuberger Berman California Municipal Fund Inc COM 64123C101   424,984 43,410 SH   SOLE   43,410 0 0
Ladder Capital Corp CL A 505743104   414,822 40,431 SH   SOLE   40,431 0 0
Western Asset Intermediate Muni Fund Inc COM 958435109   405,277 56,603 SH   SOLE   56,603 0 0
Two Harbors Investment Corp NOTE 6.250% 1/1 90187BAB7   3,910,000 4,250,000 PRN   SOLE   4,250,000 0 0
Ecofin Sustainable and Social COM SH BEN INT 27901F109   390,704 32,613 SH   SOLE   32,613 0 0
Blackstone Senior Floating Rate 2027 Term Fund COM 09256U105   350,277 26,436 SH   SOLE   26,436 0 0
WHEELER REIT INC 7% SR NT 31 963025804   289,960 5,272 SH   SOLE   5,272 0 0
Gabelli Healthcare & WellnessRx Trust/The SHS BEN INT 36246K103   272,758 31,790 SH   SOLE   31,790 0 0
DTF Tax-Free Income 2028 Term Fund Inc COM 23334J107   260,049 24,372 SH   SOLE   24,372 0 0
Safeguard Scientifics Inc COM NEW 786449207   257,491 257,491 SH   SOLE   257,491 0 0
MFS Municipal Income Trust SH BEN INT 552738106   256,775 56,434 SH   SOLE   56,434 0 0
Special Opportunities Fund Inc COM 84741T104   252,024 23,058 SH   SOLE   23,058 0 0
Mexico Equity and Income Fund Inc/The COM 592834105   241,138 25,653 SH   SOLE   25,653 0 0
Western Asset Investment Grade Defined Opportunity Trust Inc COM 95790A101   221,905 14,018 SH   SOLE   14,018 0 0
Ellington Residential Mortgage REIT COM SHS BEN INT 288578107   193,702 31,192 SH   SOLE   31,192 0 0
Clough Global Equity Fund COM 18914C100   171,650 31,323 SH   SOLE   31,323 0 0
Nuveen New Jersey Quality Municipal Income Fund COM 67069Y102   168,095 15,888 SH   SOLE   15,888 0 0
PennyMac Corp NOTE 5.500% 3/1 70932AAF0   448,750 500,000 PRN   SOLE   500,000 0 0
Velocity Financial Inc COM 92262D101   136,956 12,120 SH   SOLE   12,120 0 0
BNY Mellon Strategic Municipals Inc COM 05588W108   125,458 23,538 SH   SOLE   23,538 0 0
BlackRock MuniYield Pennsylvania Quality Fund COM 09255G107   118,934 11,469 SH   SOLE   11,469 0 0
Barings BDC Inc COM 06759L103   104,666 11,747 SH   SOLE   11,747 0 0
Western Asset Mortgage Capital Corp COM 95790D204   99,715 10,608 SH   SOLE   10,608 0 0
BNY Mellon Strategic Municipal Bond Fund Inc COM 09662E109   79,639 16,024 SH   SOLE   16,024 0 0
Templeton Emerging Markets Income Fund COM 880192109   78,776 17,088 SH   SOLE   17,088 0 0
First Trust Specialty Finance and Financial Opportunities Fund COM BEN INTR 33733G109   40,892 12,134 SH   SOLE   12,134 0 0