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
AllianceBernstein Global High Income Fund Inc CLOSED END FUNDS 01879R106 77 8,308 SH   SOLE 0 8,308 0 0
BlackRock Corporate High Yield Fund Inc CLOSED END FUNDS 09255P107 82 9,278 SH   SOLE 0 9,278 0 0
BlackRock Debt Strategies Fund Inc CLOSED END FUNDS 09255R202 81 9,638 SH   SOLE 0 9,638 0 0
BNY Mellon High Yield Strategies Fund CLOSED END FUNDS 09660L105 80 35,338 SH   SOLE 0 35,338 0 0
Braddock Multi-Strat Income Cl Instl MUTUAL FUND 46141Q584 13,778 2,751,974 SH   SOLE 0 2,751,974 0 0
Calamos Convertible Opportunities and Income Fund CLOSED END FUNDS 128117108 79 9,477 SH   SOLE 0 9,477 0 0
Credit Suisse Asset Management Income Fund Inc CLOSED END FUNDS 224916106 79 32,856 SH   SOLE 0 32,856 0 0
Credit Suisse High Yield Bond Fund CLOSED END FUNDS 22544F103 81 44,173 SH   SOLE 0 44,173 0 0
Destra Flaherty & Crumrine Preferred and Income OPEN END FUNDS 25064T403 1,152 73,924 SH   SOLE 0 73,924 0 0
First Trust High Income Long/Short Fund CLOSED END FUNDS 33738E109 79 6,523 SH   SOLE 0 6,523 0 0
Ivy High Income Opportunities Fund CLOSED END FUNDS 465893105 81 7,772 SH   SOLE 0 7,772 0 0
NUVEEN PREFERRED MUTUAL FUND 670700400 3,510 239,398 SH   SOLE 0 239,398 0 0
PIMCO High Yield Instl MUTUAL FUND 78469X107 34,628 4,394,424 SH   SOLE 0 4,394,424 0 0
PIMCO High Yield Municipal Bond I MUTUAL FUND 72201F672 22,833 2,509,067 SH   SOLE 0 2,509,067 0 0
PIMCO LONG-TERM CREDIT BOND FD INST MUTUAL FUND 72201P647 34,318 2,855,054 SH   SOLE 0 2,855,054 0 0
PIMCO PREFER & CAP MUTUAL FUND 72202E682 48,935 5,350,183 SH   SOLE 0 5,350,183 0 0
Pioneer High Income Trust CLOSED END FUNDS 72369H106 79 12,270 SH   SOLE 0 12,270 0 0
PRINCIPAL SPECTRUM PREF CAPT SEC INC I CLOSED END FUNDS 74257T309 35,286 3,955,779 SH   SOLE 0 3,955,779 0 0
Wells Fargo Income Opportunities Fund CLOSED END FUNDS 94987B105 82 12,845 SH   SOLE 0 12,845 0 0
Western Asset Global High Income Fund Inc CLOSED END FUNDS 95766B109 81 10,877 SH   SOLE 0 10,877 0 0
Western Asset High Income Fund II Inc CLOSED END FUNDS 95766J102 82 16,293 SH   SOLE 0 16,293 0 0
Western Asset High Income Opportunity Fund Inc CLOSED END FUNDS 95766K109 83 19,730 SH   SOLE 0 19,730 0 0
AllianceBernstein Global High Income Fund Inc CLOSED END FUNDS 01879R106 77 8,308 SH   SOLE 0 8,308 0 0
BlackRock Corporate High Yield Fund Inc CLOSED END FUNDS 09255P107 82 9,278 SH   SOLE 0 9,278 0 0
BlackRock Debt Strategies Fund Inc CLOSED END FUNDS 09255R202 81 9,638 SH   SOLE 0 9,638 0 0
BNY Mellon High Yield Strategies Fund CLOSED END FUNDS 09660L105 80 35,338 SH   SOLE 0 35,338 0 0
Braddock Multi-Strat Income Cl Instl MUTUAL FUND 46141Q584 13,778 2,751,974 SH   SOLE 0 2,751,974 0 0
Calamos Convertible Opportunities and Income Fund CLOSED END FUNDS 128117108 79 9,477 SH   SOLE 0 9,477 0 0
Credit Suisse Asset Management Income Fund Inc CLOSED END FUNDS 224916106 79 32,856 SH   SOLE 0 32,856 0 0
Credit Suisse High Yield Bond Fund CLOSED END FUNDS 22544F103 81 44,173 SH   SOLE 0 44,173 0 0
Destra Flaherty & Crumrine Preferred and Income OPEN END FUNDS 25064T403 1,152 73,924 SH   SOLE 0 73,924 0 0
First Trust High Income Long/Short Fund CLOSED END FUNDS 33738E109 79 6,523 SH   SOLE 0 6,523 0 0
Ivy High Income Opportunities Fund CLOSED END FUNDS 465893105 81 7,772 SH   SOLE 0 7,772 0 0
NUVEEN PREFERRED TOTAL RETURN SWAP 670700400 3,510 239,398 SH   SOLE 0 239,398 0 0
PIMCO High Yield Instl MUTUAL FUND 78469X107 34,628 4,394,424 SH   SOLE 0 4,394,424 0 0
PIMCO High Yield Municipal Bond I MUTUAL FUND 72201F672 22,833 2,509,067 SH   SOLE 0 2,509,067 0 0
PIMCO LONG-TERM CREDIT BOND FD INST MUTUAL FUND 72201P647 34,318 2,855,054 SH   SOLE 0 2,855,054 0 0
PIMCO PREFER & CAP MUTUAL FUND 72202E682 48,935 5,350,183 SH   SOLE 0 5,350,183 0 0
Pioneer High Income Trust CLOSED END FUNDS 72369H106 79 12,270 SH   SOLE 0 12,270 0 0
PRINCIPAL SPECTRUM PREF CAPT SEC INC I CLOSED END FUNDS 74257T309 35,286 3,955,779 SH   SOLE 0 3,955,779 0 0
Wells Fargo Income Opportunities Fund CLOSED END FUNDS 94987B105 82 12,845 SH   SOLE 0 12,845 0 0
Western Asset Global High Income Fund Inc CLOSED END FUNDS 95766B109 81 10,877 SH   SOLE 0 10,877 0 0
Western Asset High Income Fund II Inc CLOSED END FUNDS 95766J102 82 16,293 SH   SOLE 0 16,293 0 0
Western Asset High Income Opportunity Fund Inc CLOSED END FUNDS 95766K109 83 19,730 SH   SOLE 0 19,730 0 0