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
TURKISH INVT FD INC COM 900145103   1,718 253,339 SH   SOLE   253,339 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104   4,258 529,800 SH   SOLE   529,800 0 0
RMR REAL ESTATE INCOME FUND COM 76970B101   7,687 375,700 SH   SOLE   375,700 0 0
ABERDEEN CHILE FD INC COM 00301W105   2,677 449,200 SH   SOLE   449,200 0 0
DIVIDEND & INCOME FUND COM NEW 25538A204   4,394 370,800 SH   SOLE   370,800 0 0
ABERDEEN GTR CHINA FD INC COM 003031101   2,969 341,704 SH   SOLE   341,704 0 0
ABERDEEN SINGAPORE FD INC COM 003244100   2,247 259,482 SH   SOLE   259,482 0 0
GDL FUND COM SH BEN IT 361570104   5,963 606,000 SH   SOLE   606,000 0 0
EAGLE GRWTH & INCOME OPPTY F COM SHS BEN IN 26958J105   2,876 177,295 SH   SOLE   177,295 0 0
ABERDEEN INDONESIA FD INC COM 00305P106   1,636 257,200 SH   SOLE   257,200 0 0
CUSHING MLP TOTAL RETURN FD COM NEW 231631201   2,331 171,551 SH   SOLE   171,551 0 0
GABELLI GLB SML & MD CP VAL COM 36249W104   1,934 182,408 SH   SOLE   182,408 0 0
FIRST TR/ABERDEEN EMERG OPT COM 33731K102   1,490 107,300 SH   SOLE   107,300 0 0
ABERDEEN JAPAN EQUITY FD INC COM 00306J109   1,897 257,590 SH   SOLE   257,590 0 0
ASIA PAC FD INC COM 044901106   1,705 175,400 SH   SOLE   175,400 0 0
ALPINE GLOBAL PREMIER PPTYS COM SBI 02083A103   7,351 1,432,991 SH   SOLE   1,432,991 0 0
THAI FD INC COM 882904105   1,489 195,915 SH   SOLE   195,915 0 0
CHINA FD INC COM 169373107   3,598 239,059 SH   SOLE   239,059 0 0
CENTRAL EUR RUSS & TURK FD I COM 153436100   2,227 108,242 SH   SOLE   108,242 0 0
BOULDER GROWTH & INCOME FD I COM 101507101   12,594 1,408,700 SH   SOLE   1,408,700 0 0
GABELLI GLOBL UTIL & INCOME COM SH BEN INT 36242L105   863 51,392 SH   SOLE   51,392 0 0
DELAWARE ENHANCED GBL DIV & COM 246060107   2,000 197,800 SH   SOLE   197,800 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106   5,633 629,400 SH   SOLE   629,400 0 0
CENTRAL SECS CORP COM 155123102   6,250 286,819 SH   SOLE   286,819 0 0
DIVERSIFIED REAL ASSET INC F COM SHS 25533B108   3,126 200,506 SH   SOLE   200,506 0 0
DEUTSCHE HIGH INCOME OPPORT COM 25158Y102   2,291 159,000 SH   SOLE   159,000 0 0
ABERDEEN ISRAEL FUND INC COM 00301L109   654 40,686 SH   SOLE   40,686 0 0
ADAM NAT RES FD INC COM 00548F105   5,432 269,300 SH   SOLE   269,300 0 0
SOURCE CAP INC COM 836144105   2,765 76,927 SH   SOLE   76,927 0 0
ROYCE MICRO-CAP TR INC COM 780915104   2,448 300,026 SH   SOLE   300,026 0 0
ABERDEEN EMERGING MKTS SMALL COM 00301T102   816 72,514 SH   SOLE   72,514 0 0
GENERAL AMERN INVS INC COM 368802104   5,625 180,407 SH   SOLE   180,407 0 0
ALPINE TOTAL DYNAMIC DIVID F COM SH BEN INT N 021060207   5,430 716,350 SH   SOLE   716,350 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104   5,945 1,152,200 SH   SOLE   1,152,200 0 0
TEMPLETON DRAGON FD INC COM 88018T101   3,371 205,777 SH   SOLE   205,777 0 0
MORGAN STANLEY CHINA A SH FD COM 617468103   2,188 128,800 SH   SOLE   128,800 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108   4,820 582,795 SH   SOLE   582,795 0 0
TAIWAN FD INC COM 874036106   773 48,000 SH   SOLE   48,000 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100   4,933 675,748 SH   SOLE   675,748 0 0
CLEARBRIDGE AMERN ENERG MLP COM 184691103   3,006 327,410 SH   SOLE   327,410 0 0
ROYCE VALUE TR INC COM 780910105   5,572 416,169 SH   SOLE   416,169 0 0
COHEN & STEERS MLP INC & ENR COM SHS 19249B106   1,548 142,125 SH   SOLE   142,125 0 0
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104   1,425 146,514 SH   SOLE   146,514 0 0
FIRST TR DYNAMIC EUROPE EQT COM SHS 33740D107   1,254 80,800 SH   SOLE   80,800 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104   5,697 448,200 SH   SOLE   448,200 0 0
FRANKLIN UNVL TR SH BEN INT 355145103   708 105,929 SH   SOLE   105,929 0 0
TRI CONTL CORP COM 895436103   4,237 192,158 SH   SOLE   192,158 0 0
ALPINE GLOBAL DYNAMIC DIVD F COM NEW 02082E205   289 32,900 SH   SOLE   32,900 0 0
NEUBERGER BERMAN MLP INCOME COM 64129H104   1,228 130,814 SH   SOLE   130,814 0 0
MORGAN STANLEY EMER MKTS FD COM 61744G107   389 29,487 SH   SOLE   29,487 0 0
TEMPLETON EMERGING MKTS FD I COM 880191101   429 35,456 SH   SOLE   35,456 0 0
CLEARBRIDGE ENERGY MLP TR FD COM 18469Q108   973 76,119 SH   SOLE   76,119 0 0
MORGAN STANLEY ASIA PAC FD I COM 61744U106   355 26,300 SH   SOLE   26,300 0 0
LMP CAP & INCOME FD INC COM 50208A102   442 33,223 SH   SOLE   33,223 0 0
WELLS FARGO GLOBAL DIVIDEND COM 94987C103   454 83,300 SH   SOLE   83,300 0 0
BLACKROCK GLOBAL OPP EQTY TR COM 092501105   1,100 95,089 SH   SOLE   95,089 0 0
KAYNE ANDERSON MDSTM ENERGY COM 48661E108   461 28,964 SH   SOLE   28,964 0 0
MACQUARIE GLBL INFRA TOTL RE COM 55608D101   296 15,000 SH   SOLE   15,000 0 0
MORGAN STANLEY INDIA INVS FD COM 61745C105   430 16,784 SH   SOLE   16,784 0 0
KAYNE ANDERSON ENRGY TTL RT COM 48660P104   444 37,600 SH   SOLE   37,600 0 0
BROOKFIELD REAL ASSETS INCOM SHS BEN INT 112830104   835 37,430 SH   SOLE   37,430 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106   629 97,132 SH   SOLE   97,132 0 0
LIBERTY ALL-STAR GROWTH FD I COM 529900102   54 12,900 SH   SOLE   12,900 0 0
ORBCOMM INC COM 68555P100   286 34,560 SH   SOLE   34,560 0 0
WAVE LIFE SCIENCES LTD SHS Y95308105   270 10,331 SH   SOLE   10,331 0 0
INDIA FD INC COM 454089103   259 12,100 SH   SOLE   12,100 0 0
ENERGY FUELS INC COM NEW 292671708   45 27,711 SH   SOLE   27,711 0 0
BLACKROCK INTL GRWTH & INC T COM BENE INTER 092524107   165 30,000 SH   SOLE   30,000 0 0
MORGAN STANLEY EM MKTS DM DE COM 617477104   124 17,300 SH   SOLE   17,300 0 0
SCHWAB STRATEGIC TR US TIPS ETF 808524870   300 5,467 SH   SOLE   5,467 0 0
ACHILLION PHARMACEUTICALS IN COM 00448Q201   93 22,430 SH   SOLE   22,430 0 0
HAWAIIAN HOLDINGS INC COM 419879101   231 4,045 SH   SOLE   4,045 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101   147 10,525 SH   SOLE   10,525 0 0
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504   280 2,210 SH   SOLE   2,210 0 0
US BANCORP DEL COM NEW 902973304   2,229 43,396 SH   SOLE   43,396 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101   202 5,233 SH   SOLE   5,233 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106   272 3,591 SH   SOLE   3,591 0 0
WEYERHAEUSER CO COM 962166104   290 9,640 SH   SOLE   9,640 0 0
NORTHROP GRUMMAN CORP COM 666807102   463 1,992 SH   SOLE   1,992 0 0
GENERAL DYNAMICS CORP COM 369550108   476 2,755 SH   SOLE   2,755 0 0
NIKE INC CL B 654106103   602 11,845 SH   SOLE   11,845 0 0
INTEL CORP COM 458140100   1,026 28,300 SH   SOLE   28,300 0 0
FORD MTR CO DEL COM PAR $0.01 345370860   279 23,000 SH   SOLE   23,000 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107   313 11,562 SH   SOLE   11,562 0 0
LOCKHEED MARTIN CORP COM 539830109   396 1,586 SH   SOLE   1,586 0 0
3M CO COM 88579Y101   371 2,080 SH   SOLE   2,080 0 0
REYNOLDS AMERICAN INC COM 761713106   262 4,674 SH   SOLE   4,674 0 0
ISHARES TR CORE S&P500 ETF 464287200   271 1,205 SH   SOLE   1,205 0 0
ALTRIA GROUP INC COM 02209S103   341 5,040 SH   SOLE   5,040 0 0
BP PLC SPONSORED ADR 055622104   292 7,800 SH   SOLE   7,800 0 0
MICROSOFT CORP COM 594918104   921 14,822 SH   SOLE   14,822 0 0
CHEVRON CORP NEW COM 166764100   410 3,480 SH   SOLE   3,480 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   360 2,210 SH   SOLE   2,210 0 0
PHILIP MORRIS INTL INC COM 718172109   201 2,200 SH   SOLE   2,200 0 0
WAL-MART STORES INC COM 931142103   299 4,320 SH   SOLE   4,320 0 0
GENERAL ELECTRIC CO COM 369604103   376 11,905 SH   SOLE   11,905 0 0
APPLE INC COM 037833100   782 6,756 SH   SOLE   6,756 0 0
AMAZON COM INC COM 023135106   352 470 SH   SOLE   470 0 0