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          <isin value="US01864U1060"/>
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        <balance>1145.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16007.10000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Aberdeen Australia Equity Fund</name>
        <lei>5493003SC25JJLM4UH12</lei>
        <title>Aberdeen Australia Equity Fund, Inc.</title>
        <cusip>003011103</cusip>
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          <isin value="US0030111035"/>
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        <balance>3043.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16462.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Voya Global Equity Dividend an</name>
        <lei>549300YJVN8KX08ZHI42</lei>
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          <isin value="US92912T1007"/>
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        <balance>2796.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17307.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Financial Select Sector SPDR F</name>
        <lei>549300Y12KQ6ZG08NY28</lei>
        <title>Financial Select Sector SPDR Fund</title>
        <cusip>81369Y605</cusip>
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          <isin value="US81369Y6059"/>
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        <balance>-2213.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kayne Anderson Midstream/Energ</name>
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        <title>Kayne Anderson Midstream/Energy Fund, Inc.</title>
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          <isin value="US48661E1082"/>
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        <balance>2046.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Natural Gas Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NGH20"/>
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        <balance>81.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-48806.55000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <indexBasketInfo>
                <indexName>Henry Hub Natural Gas Spot Price</indexName>
                <indexIdentifier>NGUSHHUB</indexIdentifier>
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            <unrealizedAppr>-48806.55</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Live Cattle Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LCG0"/>
        </identifiers>
        <balance>-2.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>653.84000000</valUSD>
        <pctVal>0.001746090561</pctVal>
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        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-02-28</expDate>
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            <unrealizedAppr>653.84</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ICE Futures US Softs</name>
        <lei>N/A</lei>
        <title>Sugar #11 Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SBH0"/>
        </identifiers>
        <balance>-26.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-10515.92000000</valUSD>
        <pctVal>-0.02808293873</pctVal>
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        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Sugar</issueTitle>
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                  <cusip value="N/A"/>
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            </descRefInstrmnt>
            <expDate>2020-02-28</expDate>
            <notionalAmt>-380856.88</notionalAmt>
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            <unrealizedAppr>-10515.92</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>iShares MSCI United Kingdom ET</name>
        <lei>549300D5PVRLB9ULJS58</lei>
        <title>iShares MSCI United Kingdom ETF</title>
        <cusip>46435G334</cusip>
        <identifiers>
          <isin value="US46435G3341"/>
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        <balance>-3784.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-129034.40000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PGIM High Yield Bond Fund Inc</name>
        <lei>P63V0W84H2Z3IOKHSM44</lei>
        <title>PGIM High Yield Bond Fund, Inc.</title>
        <cusip>69346H100</cusip>
        <identifiers>
          <isin value="US69346H1005"/>
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        <balance>1051.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16185.40000000</valUSD>
        <pctVal>0.043223379080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Eaton Vance New York Municipal</name>
        <lei>5493003LD9U89XVQ7W91</lei>
        <title>Eaton Vance New York Municipal Bond Fund</title>
        <cusip>27827Y109</cusip>
        <identifiers>
          <isin value="US27827Y1091"/>
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        <balance>1294.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15631.52000000</valUSD>
        <pctVal>0.041744233356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen AMT-Free Quality Munici</name>
        <lei>549300OTYQOOXS64NI63</lei>
        <title>Nuveen AMT-Free Quality Municipal Income Fund</title>
        <cusip>670657105</cusip>
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          <isin value="US6706571055"/>
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        <balance>1121.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>NY Harbor ULSD Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HOG0"/>
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        <balance>-23.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-72097.05000000</valUSD>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen California AMT-Free Qua</name>
        <lei>5493005SR7RRUAG9VK19</lei>
        <title>Nuveen California AMT-Free Quality Municipal Income Fund</title>
        <cusip>670651108</cusip>
        <identifiers>
          <isin value="US6706511085"/>
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        <balance>968.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BlackRock MuniHoldings Investm</name>
        <lei>3ZB936ECCHG0HCOPJB28</lei>
        <title>BlackRock MuniHoldings Investment Quality Fund</title>
        <cusip>09254P108</cusip>
        <identifiers>
          <isin value="US09254P1084"/>
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        <balance>1165.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15482.85000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BlackRock MuniYield Pennsylvan</name>
        <lei>O1KCIUJBK2RN0MOX1Z59</lei>
        <title>BlackRock MuniYield Pennsylvania Quality Fund</title>
        <cusip>09255G107</cusip>
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          <isin value="US09255G1076"/>
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        <balance>1194.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Centene Corp</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>Centene Corp.</title>
        <cusip>15135B101</cusip>
        <identifiers>
          <isin value="US15135B1017"/>
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        <balance>-7622.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-479195.14000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>iShares MSCI Taiwan ETF</name>
        <lei>NOTS2OVXOI43240U2196</lei>
        <title>iShares MSCI Taiwan ETF</title>
        <cusip>46434G772</cusip>
        <identifiers>
          <isin value="US46434G7723"/>
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        <balance>-729.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-29983.77000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ClearBridge Energy Midstream O</name>
        <lei>549300U6RAJWN6OONX12</lei>
        <title>ClearBridge Energy Midstream Opportunity Fund, Inc.</title>
        <cusip>18469P100</cusip>
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          <isin value="US18469P1003"/>
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        <balance>2161.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18174.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Western Asset Municipal Partne</name>
        <lei>5493001Z97VQ69W5OH84</lei>
        <title>Western Asset Municipal Partners Fund, Inc.</title>
        <cusip>95766P108</cusip>
        <identifiers>
          <isin value="US95766P1084"/>
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        <balance>1017.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15509.25000000</valUSD>
        <pctVal>0.041417709293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nuveen Quality Municipal Incom</name>
        <lei>549300RDIO25ZNWCOA97</lei>
        <title>Nuveen Quality Municipal Income Fund</title>
        <cusip>67066V101</cusip>
        <identifiers>
          <isin value="US67066V1017"/>
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        <balance>1068.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15592.80000000</valUSD>
        <pctVal>0.041640830954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>VanEck Vectors Russia ETF</name>
        <lei>549300FPRVRCCMKQFC88</lei>
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        <cusip>92189F403</cusip>
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          <isin value="US92189F4037"/>
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        <balance>-4070.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>iShares MSCI South Korea ETF</name>
        <lei>GR1QY1XUY5M0EJSI5J57</lei>
        <title>iShares MSCI South Korea ETF</title>
        <cusip>464286772</cusip>
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          <isin value="US4642867729"/>
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        <balance>-366.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tortoise Pipeline &amp; Energy Fun</name>
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          <isin value="US89148H1086"/>
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        <balance>1377.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>S&amp;P 500 Index Mini Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ESH0"/>
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        <balance>-6.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-728.13000000</valUSD>
        <pctVal>-0.00194448323</pctVal>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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              <indexBasketInfo>
                <indexName>S&amp;P 500 Index</indexName>
                <indexIdentifier>US78378X1072</indexIdentifier>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Duff &amp; Phelps Utility and Corp</name>
        <lei>549300QV29DQ04EL0A12</lei>
        <title>Duff &amp; Phelps Utility and Corporate Bond Trust, Inc.</title>
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          <isin value="US26432K1088"/>
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        <balance>1537.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Callon Petroleum Co</name>
        <lei>549300EFOWPEB0WLZW21</lei>
        <title>Callon Petroleum Co.</title>
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          <isin value="US13123X1028"/>
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        <balance>0.50000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Templeton Dragon Fund Inc</name>
        <lei>549300L5KGV2K28LYW59</lei>
        <title>Templeton Dragon Fund, Inc.</title>
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          <isin value="US88018T1016"/>
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        <balance>872.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>T-Mobile US Inc</name>
        <lei>549300QHIJYOHPACPG31</lei>
        <title>T-Mobile US, Inc.</title>
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          <isin value="US8725901040"/>
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        <balance>-1707.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Liberty Property Trust</name>
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          <isin value="US5311721048"/>
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        <balance>3210.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>192760.50000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Euronext Derivatives Paris</name>
        <lei>N/A</lei>
        <title>CAC 40 10 Euro Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CFF0"/>
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        <balance>2.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89130000"/>
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        <pctVal>0.004148567394</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CAC 40 Index</indexName>
                <indexIdentifier>FR0003500008</indexIdentifier>
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      <invstOrSec>
        <name>BlackRock MuniHoldings Quality</name>
        <lei>NFS78Q54XVQ5XSE3R379</lei>
        <title>BlackRock MuniHoldings Quality Fund, Inc.</title>
        <cusip>09254A101</cusip>
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          <isin value="US09254A1016"/>
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        <balance>1262.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Aberdeen Asia-Pacific Income F</name>
        <lei>549300J666ZH67203572</lei>
        <title>Aberdeen Asia-Pacific Income Fund, Inc.</title>
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          <isin value="US0030091070"/>
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        <balance>3995.00000000</balance>
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        <name>Nuveen Arizona Quality Municip</name>
        <lei>549300DWXOLUWN2P0B05</lei>
        <title>Nuveen Arizona Quality Municipal Income Fund</title>
        <cusip>67061W104</cusip>
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          <isin value="US67061W1045"/>
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        <balance>1203.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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        <name>iShares U.S. Real Estate ETF</name>
        <lei>549300SJWB2CPZFPT616</lei>
        <title>iShares U.S. Real Estate ETF</title>
        <cusip>464287739</cusip>
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          <isin value="US4642877397"/>
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        <balance>-1586.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-147624.88000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Tekla Life Sciences Investors</name>
        <lei>5493007BYZPSOVVS0M04</lei>
        <title>Tekla Life Sciences Investors</title>
        <cusip>87911K100</cusip>
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          <isin value="US87911K1007"/>
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        <balance>961.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BlackRock MuniHoldings Quality</name>
        <lei>V04K6JK5YHD4O5SHSC34</lei>
        <title>BlackRock MuniHoldings Quality Fund II, Inc.</title>
        <cusip>09254C107</cusip>
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          <isin value="US09254C1071"/>
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        <balance>1214.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BlackRock New York Municipal I</name>
        <lei>KB852ZS13YUFTCMG3219</lei>
        <title>BlackRock New York Municipal Income Trust II</title>
        <cusip>09249R102</cusip>
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          <isin value="US09249R1023"/>
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        <balance>1077.00000000</balance>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BrandywineGLOBAL Global Income</name>
        <lei>549300P4CDQCJBGI0833</lei>
        <title>BrandywineGLOBAL Global Income Opportunities Fund, Inc.</title>
        <cusip>10537L104</cusip>
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          <isin value="US10537L1044"/>
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        <balance>1434.00000000</balance>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BlackRock Municipal Income Qua</name>
        <lei>ZQ1Z8W71OQGQTC6ZJ410</lei>
        <title>BlackRock Municipal Income Quality Trust</title>
        <cusip>092479104</cusip>
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          <isin value="US0924791041"/>
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        <balance>1136.00000000</balance>
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        <name>iShares Russell 1000 Growth ET</name>
        <lei>549300H1KWQVEKI25E14</lei>
        <title>iShares Russell 1000 Growth ETF</title>
        <cusip>464287614</cusip>
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        <balance>-272.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Morgan Stanley China A Share F</name>
        <lei>54930045HQ1UNO6FR635</lei>
        <title>Morgan Stanley China A Share Fund, Inc.</title>
        <cusip>617468103</cusip>
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          <isin value="US6174681030"/>
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        <balance>741.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Nuveen Pennsylvania Municipal</name>
        <lei>549300XS1OHX54AZ7637</lei>
        <title>Nuveen Pennsylvania Municipal Value Fund</title>
        <cusip>67074K105</cusip>
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          <isin value="US67074K1051"/>
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        <balance>986.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Advent Convertible and Income</name>
        <lei>ZEFY1K43K8JK66NIVK50</lei>
        <title>Advent Convertible and Income</title>
        <cusip>00764C109</cusip>
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        <name>Western Asset Inflation - Link</name>
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        <name>Nuveen All Cap Energy MLP Oppo</name>
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        <name>TREASURY BILL</name>
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        <name>Royce Value Trust Inc</name>
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        <name>Energy Select Sector SPDR Fund</name>
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        <name>BlackRock Municipal 2030 Targe</name>
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        <name>Delaware Investments National</name>
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      <invstOrSec>
        <name>Goldman Sachs International</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>iShares MSCI Emerging Markets</name>
        <lei>549300BPYHDEDI59G670</lei>
        <title>iShares MSCI Emerging Markets ETF</title>
        <cusip>464287234</cusip>
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          <isin value="US4642872349"/>
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        <curCd>USD</curCd>
        <valUSD>-45767.40000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo Income Opportuniti</name>
        <lei>5493001HF04TYQLWJP49</lei>
        <title>Wells Fargo Income Opportunities Fund</title>
        <cusip>94987B105</cusip>
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          <isin value="US94987B1052"/>
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        <balance>1774.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14937.08000000</valUSD>
        <pctVal>0.039889719821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>NASDAQ-100 Index Mini Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NQH0"/>
        </identifiers>
        <balance>-4.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1703.83000000</valUSD>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Short</payOffProf>
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              <indexBasketInfo>
                <indexName>NASDAQ 100 Stock Index</indexName>
                <indexIdentifier>NDX</indexIdentifier>
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            <notionalAmt>-698116.17</notionalAmt>
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            <unrealizedAppr>-1703.83</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>iShares China Large-Cap ETF</name>
        <lei>5493001YVWPO25CNKN94</lei>
        <title>iShares China Large-Capital ETF</title>
        <cusip>464287184</cusip>
        <identifiers>
          <isin value="US4642871846"/>
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        <balance>-1493.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-65139.59000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eldorado Resorts Inc</name>
        <lei>5299000BKFWWVND5L441</lei>
        <title>Eldorado Resorts, Inc.</title>
        <cusip>28470R102</cusip>
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          <isin value="US28470R1023"/>
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        <balance>-3529.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-210469.56000000</valUSD>
        <pctVal>-0.56206244991</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WABCO Holdings Inc</name>
        <lei>549300SNE3FOSCV7FY94</lei>
        <title>WABCO Holdings, Inc.</title>
        <cusip>92927K102</cusip>
        <identifiers>
          <isin value="US92927K1025"/>
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        <balance>2420.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>327910.00000000</valUSD>
        <pctVal>0.875689092287</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>London Metal Exchange</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="LXG0"/>
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        <balance>-3.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1059.00000000</valUSD>
        <pctVal>-0.00282807705</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-02-17</expDate>
            <notionalAmt>-169772.25</notionalAmt>
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            <unrealizedAppr>-1059</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BlackRock MuniYield California</name>
        <lei>IYIUSPF2WPGE9ZQM0H74</lei>
        <title>BlackRock MuniYield California Quality Fund, Inc.</title>
        <cusip>09254N103</cusip>
        <identifiers>
          <isin value="US09254N1037"/>
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        <balance>1136.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16142.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer, LP</title>
        <cusip>29273V100</cusip>
        <identifiers>
          <isin value="US29273V1008"/>
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        <balance>-63.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-808.29000000</valUSD>
        <pctVal>-0.00215855184</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>British Pound Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="BPH0"/>
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        <balance>39.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>31470.99000000</valUSD>
        <pctVal>0.084043800635</pctVal>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-03-16</expDate>
            <notionalAmt>3204066.51</notionalAmt>
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            <unrealizedAppr>31470.99</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aircastle Ltd</name>
        <lei>549300PNK8AKY3OIKP58</lei>
        <title>Aircastle Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG0129K1045"/>
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        <balance>2933.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>93885.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BlackRock MuniYield Quality Fu</name>
        <lei>UB5J2GS6Q51M6A2L8886</lei>
        <title>BlackRock MuniYield Quality Fund III, Inc.</title>
        <cusip>09254E103</cusip>
        <identifiers>
          <isin value="US09254E1038"/>
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        <balance>1181.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15943.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BlackRock Multi-Sector Income</name>
        <lei>549300BOVTR6GS7HLC41</lei>
        <title>BlackRock Multi-Sector Income Trust</title>
        <cusip>09258A107</cusip>
        <identifiers>
          <isin value="US09258A1079"/>
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        <balance>814.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13154.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wells Fargo Multi-Sector Incom</name>
        <lei>549300K6JNPNZMSWMF07</lei>
        <title>Wells Fargo Multi-Sector Income Fund</title>
        <cusip>94987D101</cusip>
        <identifiers>
          <isin value="US94987D1019"/>
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        <balance>1106.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14245.28000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Caesars Entertainment Corp</name>
        <lei>529900CJT4VQO26ONP04</lei>
        <title>Caesars Entertainment Corp.</title>
        <cusip>127686103</cusip>
        <identifiers>
          <isin value="US1276861036"/>
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        <balance>39258.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>533908.80000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>iShares MSCI Japan ETF</name>
        <lei>5493008I6YRUC6I0S051</lei>
        <title>iShares MSCI Japan ETF</title>
        <cusip>46434G822</cusip>
        <identifiers>
          <isin value="US46434G8226"/>
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        <balance>-2408.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Soybean Meal Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SMH0"/>
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        <balance>-24.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1676.45000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Short</payOffProf>
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                <issuerName>N/A</issuerName>
                <issueTitle>Soybean Meal</issueTitle>
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                  <cusip value="N/A"/>
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            <expDate>2020-03-13</expDate>
            <notionalAmt>-733676.45</notionalAmt>
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      <invstOrSec>
        <name>First Trust Aberdeen Emerging</name>
        <lei>700UQMDEFIFKNKMN0L14</lei>
        <title>First Trust Aberdeen Emerging Opportunity Fund</title>
        <cusip>33731K102</cusip>
        <identifiers>
          <isin value="US33731K1025"/>
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        <balance>1125.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Eaton Vance Municipal Bond Fun</name>
        <lei>5493006Q4EBOXVQBQD12</lei>
        <title>Eaton Vance Municipal Bond Fund</title>
        <cusip>27827X101</cusip>
        <identifiers>
          <isin value="US27827X1019"/>
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        <balance>979.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BlackRock Energy and Resources</name>
        <lei>GG70RT52UUBWY2PJSI68</lei>
        <title>BlackRock Energy and Resources Trust</title>
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          <isin value="US09250U1016"/>
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        <balance>1363.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16192.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Brookfield Global Listed Infra</name>
        <lei>549300TJZN3VMLTBYR11</lei>
        <title>Brookfield Global Listed Infrastructure Income Fund, Inc.</title>
        <cusip>11273Q109</cusip>
        <identifiers>
          <isin value="US11273Q1094"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Commodity Exchange, Inc.</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="GCG0"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>N/A</issuerName>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Chicago Board of Trade</name>
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        <cusip>N/A</cusip>
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          <ticker value="KWH0"/>
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        <balance>-9.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-17852.00000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-03-13</expDate>
            <notionalAmt>-200735.5</notionalAmt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Swiss Helvetia Fund Inc/The</name>
        <lei>549300HQZ0XPGTS5Q724</lei>
        <title>Swiss Helvetia Fund, Inc.</title>
        <cusip>870875101</cusip>
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          <isin value="US8708751016"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tortoise Energy Independence F</name>
        <lei>5493005UTWHF1U2B2H30</lei>
        <title>Tortoise Energy Independence Fund, Inc.</title>
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          <isin value="US89148K1016"/>
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        <balance>5038.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen Multi-Market Income Fun</name>
        <lei>G7V8IS406QV705LBK003</lei>
        <title>Nuveen Multi-Market Income Fund</title>
        <cusip>67075J107</cusip>
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          <isin value="US67075J1079"/>
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        <balance>2106.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASX Trade24</name>
        <lei>N/A</lei>
        <title>SPI 200 Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XPH0"/>
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        <balance>2.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42500000"/>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <indexName>S&amp;P/ASX 200</indexName>
                <indexIdentifier>AS51</indexIdentifier>
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            <unrealizedAppr>219.16</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Neuberger Berman Real Estate S</name>
        <lei>549300WU72ZN21PNWQ56</lei>
        <title>Neuberger Berman Real Estate Securities Income Fund, Inc.</title>
        <cusip>64190A103</cusip>
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          <isin value="US64190A1034"/>
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        <balance>2543.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gabelli Global Utility &amp; Incom</name>
        <lei>549300Y9IKVB1DQ6Z097</lei>
        <title>Gabelli Global Utility &amp; Income Trust</title>
        <cusip>36242L105</cusip>
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          <isin value="US36242L1052"/>
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        <balance>773.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14594.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pioneer High Income Trust</name>
        <lei>GRH7C46DLKO4V5KVBT29</lei>
        <title>Pioneer High Income Trust</title>
        <cusip>72369H106</cusip>
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          <isin value="US72369H1068"/>
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        <balance>1460.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13928.40000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DWS Municipal Income Trust</name>
        <lei>TEL2CK71Z3LE1OCHIB43</lei>
        <title>DWS Municipal Income Trust</title>
        <cusip>233368109</cusip>
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          <isin value="US2333681094"/>
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        <balance>1345.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Western Asset High Income Oppo</name>
        <lei>549300S7N70O2ERKYG47</lei>
        <title>Western Asset High Income Opportunity Fund, Inc.</title>
        <cusip>95766K109</cusip>
        <identifiers>
          <isin value="US95766K1097"/>
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        <balance>3070.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jagged Peak Energy Inc</name>
        <lei>529900LS5FRAKXSAO191</lei>
        <title>Jagged Peak Energy, Inc.</title>
        <cusip>47009K107</cusip>
        <identifiers>
          <isin value="US47009K1079"/>
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        <balance>27325.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>231989.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Eaton Vance Tax-Advantaged Glo</name>
        <lei>549300P9NBK8GZ8QI277</lei>
        <title>Eaton Vance Tax-Advantaged Global Dividend Income Fund</title>
        <cusip>27828S101</cusip>
        <identifiers>
          <isin value="US27828S1015"/>
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        <balance>811.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Swiss Franc Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SFH0"/>
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        <balance>-92.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-172667.74000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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      <invstOrSec>
        <name>ClearBridge MLP &amp; Midstream To</name>
        <lei>549300FO806NCJW4RO34</lei>
        <title>ClearBridge MLP &amp; Midstream Total Return Fund, Inc.</title>
        <cusip>18469Q108</cusip>
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        <balance>2238.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Medicines Co/The</name>
        <lei>254900Z72DIL282LFL79</lei>
        <title>Medicines Co.</title>
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        <balance>3389.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Nuveen California Quality Muni</name>
        <lei>549300ZT6V9X5U9BHR46</lei>
        <title>Nuveen California Quality Municipal Income Fund</title>
        <cusip>67066Y105</cusip>
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        <balance>994.00000000</balance>
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        <name>Tech Data Corp</name>
        <lei>549300EK847TAWPJWF34</lei>
        <title>Tech Data Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Nuveen New York AMT-Free Quali</name>
        <lei>549300V4X2BF3UXSCQ58</lei>
        <title>Nuveen New York AMT-Free Quality Municipal Income Fund</title>
        <cusip>670656107</cusip>
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        <balance>1185.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Voya Emerging Markets High Inc</name>
        <lei>549300MBU0OQHUKI2Y86</lei>
        <title>Voya Emerging Markets High Income Dividend Equity Fund</title>
        <cusip>92912P108</cusip>
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        <balance>2129.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Kayne Anderson MLP/Midstream I</name>
        <lei>549300H9ZCLGQEKXQY57</lei>
        <title>Kayne Anderson MLP/Midstream Investment Co.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Gabelli Dividend &amp; Income Trus</name>
        <lei>549300082N1MHBT8NI60</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Commodity Exchange, Inc.</name>
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          <ticker value="SIH0"/>
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        <securityLending>
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      <invstOrSec>
        <name>Cushing Renaissance Fund/The</name>
        <lei>549300MVVZW681ZGYD76</lei>
        <title>Cushing Renaissance Fund</title>
        <cusip>231647108</cusip>
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          <isin value="US2316471083"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ICE Futures Europe Commodities</name>
        <lei>N/A</lei>
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          <ticker value="QSG0"/>
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        <balance>-4.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>N/A</issuerName>
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            <expDate>2020-02-12</expDate>
            <notionalAmt>-248934.14</notionalAmt>
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            <unrealizedAppr>3034.14</unrealizedAppr>
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        <name>Salient Midstream &amp; MLP Fund</name>
        <lei>5493004WQSDUD0W6BV62</lei>
        <title>Salient Midstream &amp; MLP Fund</title>
        <cusip>79471V105</cusip>
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          <isin value="US79471V1052"/>
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        <balance>3136.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>John Hancock Tax-Advantaged Gl</name>
        <lei>549300KILC6GI1G1FO95</lei>
        <title>John Hancock Tax-Advantaged Global Shareholder Yield Fund</title>
        <cusip>41013P749</cusip>
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          <isin value="US41013P7490"/>
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        <balance>2248.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>AllianzGI Equity &amp; Convertible</name>
        <lei>549300E7CGC36IOELF91</lei>
        <title>AllianzGI Equity &amp; Convertible Income Fund</title>
        <cusip>018829101</cusip>
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          <isin value="US0188291019"/>
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        <balance>668.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Meff Renta Variable (Madrid)</name>
        <lei>N/A</lei>
        <title>IBEX 35 Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="IBF0"/>
        </identifiers>
        <balance>2.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89130000"/>
        <valUSD>286.38000000</valUSD>
        <pctVal>0.000764782538</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <indexBasketInfo>
                <indexName>IBEX 35 Index</indexName>
                <indexIdentifier>ES0SI0000005</indexIdentifier>
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            <expDate>2020-01-17</expDate>
            <notionalAmt>212104.08</notionalAmt>
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            <unrealizedAppr>286.38</unrealizedAppr>
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        <securityLending>
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        <name>European Equity Fund Inc/The</name>
        <lei>5493008XBHSH29XH9329</lei>
        <title>European Equity Fund, Inc.</title>
        <cusip>298768102</cusip>
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          <isin value="US2987681028"/>
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        <balance>1757.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bristol-Myers Squibb Co</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>Bristol-Myers Squibb Co.</title>
        <cusip>110122157</cusip>
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          <isin value="US1101221570"/>
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        <balance>6173.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18580.73000000</valUSD>
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        <assetConditional assetCat="OTHER" desc="Rights"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>GS Long/Short Equity Custom Basket</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal ID" value="MHSwapGSS"/>
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        <balance>0.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-294449.51000000</valUSD>
        <pctVal>-0.78633229891</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Goldman Sachs International</counterpartyName>
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                <indexName>GS Long/Short Equity Short Custom Basket</indexName>
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                    <othIndName>Linde plc</othIndName>
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            <repurchaseCollateral>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BlackRock Debt Strategies Fund</name>
        <lei>Y02PFSGMGNYKWM70AJ95</lei>
        <title>BlackRock Debt Strategies Fund, Inc.</title>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Templeton Emerging Markets Inc</name>
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          <isin value="US8801921094"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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        <name>Western Asset High Yield Defin</name>
        <lei>549300MT3R4UXA0DZF65</lei>
        <title>Western Asset High Yield Defined Opportunity Fund, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Tortoise Power and Energy Infr</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BlackRock MuniHoldings Califor</name>
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        <title>BlackRock MuniHoldings California Quality Fund, Inc.</title>
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          <isin value="US09254L1070"/>
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        <name>Technology Select Sector SPDR</name>
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        <name>Voya Global Advantage and Prem</name>
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        <balance>1510.00000000</balance>
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      <invstOrSec>
        <name>Acacia Communications Inc</name>
        <lei>549300PZLTIVLKOBPB61</lei>
        <title>Acacia Communications, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WellCare Health Plans Inc</name>
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        <title>WellCare Health Plans, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>ICE Futures US Softs</name>
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        <title>Cotton #2 Futures Contracts</title>
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          <ticker value="CTH0"/>
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        <balance>-2.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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            <payOffProf>Short</payOffProf>
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          <isCashCollateral>N</isCashCollateral>
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        <name>OMNOVA Solutions Inc</name>
        <lei>549300XWPR0FMV5INI52</lei>
        <title>OMNOVA Solutions, Inc.</title>
        <cusip>682129101</cusip>
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          <isin value="US6821291019"/>
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        <balance>37246.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Sprott Focus Trust Inc</name>
        <lei>549300ZO564XGNG81814</lei>
        <title>Sprott Focus Trust, Inc.</title>
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        <balance>2329.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ICE Futures Europe Commodities</name>
        <lei>N/A</lei>
        <title>Low Sulphur Gas Oil Futures Contracts</title>
        <cusip>N/A</cusip>
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          <ticker value="QSJ0"/>
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        <balance>9.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-6171.33000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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            <expDate>2020-04-08</expDate>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BlackRock Muni Intermediate Du</name>
        <lei>W7IEW9KTXVCYG8ZQQV11</lei>
        <title>BlackRock Muni Intermediate Duration Fund, Inc.</title>
        <cusip>09253X102</cusip>
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          <isin value="US09253X1028"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Sprint Corp</name>
        <lei>549300ZTTY7CXOLJ6539</lei>
        <title>Sprint Corp.</title>
        <cusip>85207U105</cusip>
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          <isin value="US85207U1051"/>
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        <balance>16638.00000000</balance>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Nuveen Senior Income Fund</name>
        <lei>KBG7JWT0F7S6ZY1KMU47</lei>
        <title>Nuveen Senior Income Fund</title>
        <cusip>67067Y104</cusip>
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        <balance>3019.00000000</balance>
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        <name>IBERIABANK Corp</name>
        <lei>WQ4U3ADCR5WID15LA317</lei>
        <title>IBERIABANK Corp.</title>
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        <balance>2608.00000000</balance>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Zayo Group Holdings Inc</name>
        <lei>529900Z6OTS7RT0V0I47</lei>
        <title>Zayo Group Holdings, Inc.</title>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Morgan Stanley Capital Services LLC</name>
        <lei>I7331LVCZKQKX5T7XV54</lei>
        <title>MS Long/Short Equity Custom Basket</title>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>Morgan Stanley Capital Services LLC</counterpartyName>
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        <issuerCat>CORP</issuerCat>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>Duff &amp; Phelps Utility and Infr</name>
        <lei>549300SY2NYDO23RIE89</lei>
        <title>Duff &amp; Phelps Utility and Infrastructure Fund, Inc.</title>
        <cusip>26433C105</cusip>
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          <isin value="US26433C1053"/>
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        <balance>956.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14531.20000000</valUSD>
        <pctVal>0.038805810551</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Soybean Futures Contracts</title>
        <cusip>N/A</cusip>
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          <ticker value="S H0"/>
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        <balance>-16.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-29191.75000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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              <otherRefInst>
                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-03-13</expDate>
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            <unrealizedAppr>-29191.75</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pioneer Municipal High Income</name>
        <lei>1SKUXW31ZFWF61CETQ82</lei>
        <title>Pioneer Municipal High Income Trust</title>
        <cusip>723763108</cusip>
        <identifiers>
          <isin value="US7237631087"/>
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        <balance>1215.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14677.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Live Cattle Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LCM0"/>
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        <balance>96.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>40984.32000000</valUSD>
        <pctVal>0.109449306147</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-06-30</expDate>
            <notionalAmt>4525735.68</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>40984.32</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Clough Global Equity Fund</name>
        <lei>549300SI1THLT6A9J147</lei>
        <title>Clough Global Equity Fund</title>
        <cusip>18914C100</cusip>
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          <isin value="US18914C1009"/>
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        <balance>1281.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cboe Futures Exchange</name>
        <lei>N/A</lei>
        <title>CBOE Volatility Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXG0"/>
        </identifiers>
        <balance>-123.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-32813.60000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Chicago Board Options Exchange SPX Volatility Index</indexName>
                <indexIdentifier>US12497K1007</indexIdentifier>
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            <expDate>2020-02-19</expDate>
            <notionalAmt>-2033586.4</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-32813.6</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ICE Futures US Softs</name>
        <lei>N/A</lei>
        <title>Coffee 'C' Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="KCH0"/>
        </identifiers>
        <balance>3.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-2015.70000000</valUSD>
        <pctVal>-0.00538296027</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Coffee 'C'</issueTitle>
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                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Coffee 'C'"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-19</expDate>
            <notionalAmt>147309.45</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-2015.7</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Adams Diversified Equity Fund</name>
        <lei>5493005W7G81BNPP7M23</lei>
        <title>Adams Diversified Equity Fund, Inc.</title>
        <cusip>006212104</cusip>
        <identifiers>
          <isin value="US0062121043"/>
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        <balance>984.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <pctVal>0.041440221748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BlackRock Resources &amp; Commodit</name>
        <lei>8DZAUY8151XS5PISSX42</lei>
        <title>BlackRock Resources &amp; Commodities Strategy Trust</title>
        <cusip>09257A108</cusip>
        <identifiers>
          <isin value="US09257A1088"/>
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        <balance>2379.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19198.53000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ellsworth Growth and Income Fu</name>
        <lei>549300GYFOXHCDQTI772</lei>
        <title>Ellsworth Growth and Income Fund Ltd.</title>
        <cusip>289074106</cusip>
        <identifiers>
          <isin value="US2890741067"/>
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        <balance>1225.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14406.00000000</valUSD>
        <pctVal>0.038471461875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SPDR Bloomberg Barclays High Y</name>
        <lei>549300NCLW2248PN7J24</lei>
        <title>SPDR Bloomberg Barclays High Yield Bond ETF</title>
        <cusip>78468R622</cusip>
        <identifiers>
          <isin value="US78468R6229"/>
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        <balance>-5345.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-585117.15000000</valUSD>
        <pctVal>-1.56256505128</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Clough Global Opportunities Fu</name>
        <lei>549300DTG68UBCNCPY15</lei>
        <title>Clough Global Opportunities Fund</title>
        <cusip>18914E106</cusip>
        <identifiers>
          <isin value="US18914E1064"/>
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        <balance>1826.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17237.44000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MFS Charter Income Trust</name>
        <lei>1LFFWFMKO22SVR346G33</lei>
        <title>MFS Charter Income Trust</title>
        <cusip>552727109</cusip>
        <identifiers>
          <isin value="US5527271093"/>
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        <balance>1772.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14920.24000000</valUSD>
        <pctVal>0.039844748322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Industrial Select Sector SPDR</name>
        <lei>549300HQI51T8KP6U325</lei>
        <title>Industrial Select Sector SPDR Fund</title>
        <cusip>81369Y704</cusip>
        <identifiers>
          <isin value="US81369Y7040"/>
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        <balance>-228.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-18575.16000000</valUSD>
        <pctVal>-0.04960527278</pctVal>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>iShares MSCI Mexico ETF</name>
        <lei>549300SQ92O6OZ19G545</lei>
        <title>iShares MSCI Mexico ETF</title>
        <cusip>464286822</cusip>
        <identifiers>
          <isin value="US4642868222"/>
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        <balance>-740.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-33322.20000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>iShares Russell 1000 Value ETF</name>
        <lei>549300KLSYN5NN4YNM90</lei>
        <title>iShares Russell 1000 Value ETF</title>
        <cusip>464287598</cusip>
        <identifiers>
          <isin value="US4642875987"/>
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        <balance>-192.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-26204.16000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cypress Semiconductor Corp</name>
        <lei>549300T2071OM26ZSE13</lei>
        <title>Cypress Semiconductor Corp.</title>
        <cusip>232806109</cusip>
        <identifiers>
          <isin value="US2328061096"/>
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        <balance>17986.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>419613.38000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Voya Asia Pacific High Dividen</name>
        <lei>549300GNK7F1VWTNPE94</lei>
        <title>Voya Asia Pacific High Dividend Equity Income Fund</title>
        <cusip>92912J102</cusip>
        <identifiers>
          <isin value="US92912J1025"/>
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        <balance>2078.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <pctVal>0.047169334381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>ArQule Inc</name>
        <lei>529900E3KUAEG4GJ1707</lei>
        <title>ArQule, Inc.</title>
        <cusip>04269E107</cusip>
        <identifiers>
          <isin value="US04269E1073"/>
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        <balance>14453.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>288481.88000000</valUSD>
        <pctVal>0.770395644044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BlackRock Enhanced Equity Divi</name>
        <lei>G737UEA5SJ50G32LUQ88</lei>
        <title>BlackRock Enhanced Equity Dividend Trust</title>
        <cusip>09251A104</cusip>
        <identifiers>
          <isin value="US09251A1043"/>
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        <balance>1471.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14592.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Voya Natural Resources Equity</name>
        <lei>T4HK22TPPBZF0KYQDV66</lei>
        <title>Voya Natural Resources Equity Income Fund</title>
        <cusip>92913C106</cusip>
        <identifiers>
          <isin value="US92913C1062"/>
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        <balance>4696.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19347.52000000</valUSD>
        <pctVal>0.051667872973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>First Trust New Opportunities</name>
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        <name>Genworth Financial Inc</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>BlackRock New York Municipal I</name>
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        <name>Herzfeld Caribbean Basin Fund</name>
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        <name>Korea Fund Inc/The</name>
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        <name>Health Care Select Sector SPDR</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Morgan Stanley India Investmen</name>
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        <name>MFS Multimarket Income Trust</name>
        <lei>WJEDYZGROW7MJ1187O21</lei>
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        <name>Aberdeen Global Premier Proper</name>
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        <name>Nuveen New Jersey Municipal Va</name>
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        <name>New York Mercantile Exchange</name>
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          <ticker value="XBJ0"/>
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        <name>Osaka Exchange</name>
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          <ticker value="TPH0"/>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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        <name>Wright Medical Group NV</name>
        <lei>549300JGCCQ1HTDOXU32</lei>
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        <name>BlackRock Enhanced Internation</name>
        <lei>N8Y5YESYCLFDXNNUQV93</lei>
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        <name>Chicago Mercantile Exchange</name>
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          <ticker value="JYH0"/>
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        <balance>-6.00000000</balance>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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        <name>Wells Fargo Global Dividend Op</name>
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        <name>iShares Russell 2000 ETF</name>
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        <name>Mexico Equity &amp; Income Fund In</name>
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        <name>Parsley Energy Inc</name>
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        <name>New York Mercantile Exchange</name>
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          <ticker value="XBG0"/>
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        <name>Tri-Continental Corp</name>
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        <name>Eagle Growth &amp; Income Opportun</name>
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        <name>Aberdeen Global Dynamic Divide</name>
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        <name>Nuveen Real Asset Income and G</name>
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        <name>Cohen &amp; Steers Infrastructure</name>
        <lei>T085JMDV2CFIPONRA870</lei>
        <title>Cohen &amp; Steers Infrastructure Fund, Inc.</title>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Guggenheim Partners Investment Management LLC</name>
        <lei>N/A</lei>
        <title>Guggenheim Strategy Fund II</title>
        <cusip>N/A</cusip>
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          <ticker value="GFSBX"/>
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        <balance>166558.69700000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AllianceBernstein Global High</name>
        <lei>AE2ZT9UGMEIJ7T4R5734</lei>
        <title>AllianceBernstein Global High Income Fund, Inc.</title>
        <cusip>01879R106</cusip>
        <identifiers>
          <isin value="US01879R1068"/>
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        <balance>1279.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Neuberger Berman New York Muni</name>
        <lei>549300QBK683OL6H5P21</lei>
        <title>Neuberger Berman New York Municipal Fund, Inc.</title>
        <cusip>64124K102</cusip>
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          <isin value="US64124K1025"/>
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        <balance>1310.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>John Hancock Investors Trust</name>
        <lei>5493007QBXBOZDX6R464</lei>
        <title>John Hancock Investors Trust</title>
        <cusip>410142103</cusip>
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          <isin value="US4101421034"/>
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        <balance>858.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen Pennsylvania Quality Mu</name>
        <lei>5493000C1CS4Q000GF67</lei>
        <title>Nuveen Pennsylvania Quality Municipal Income Fund</title>
        <cusip>670972108</cusip>
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          <isin value="US6709721087"/>
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        <balance>1111.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tiffany &amp; Co</name>
        <lei>549300EJG9IEYQL5XT21</lei>
        <title>Tiffany &amp; Co.</title>
        <cusip>886547108</cusip>
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          <isin value="US8865471085"/>
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        <balance>2846.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>London Metal Exchange</name>
        <lei>N/A</lei>
        <title>LME Nickel Futures Contracts</title>
        <cusip>N/A</cusip>
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          <ticker value="LNG0"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>952.75000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-02-17</expDate>
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            <unrealizedAppr>952.75</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>iShares Core U.S. Aggregate Bo</name>
        <lei>549300F7VSXTKBGHJE47</lei>
        <title>iShares Core U.S. Aggregate Bond ETF</title>
        <cusip>464287226</cusip>
        <identifiers>
          <isin value="US4642872265"/>
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        <balance>-2134.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-239797.58000000</valUSD>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>First Trust Dynamic Europe Equ</name>
        <lei>549300YG1NBZKURU8L08</lei>
        <title>First Trust Dynamic Europe Equity Income Fund</title>
        <cusip>33740D107</cusip>
        <identifiers>
          <isin value="US33740D1072"/>
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        <balance>969.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14467.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Templeton Emerging Markets Fun</name>
        <lei>CZCIR4LW4R7Y5KBS5R36</lei>
        <title>Templeton Emerging Markets Fund/United States</title>
        <cusip>880191101</cusip>
        <identifiers>
          <isin value="US8801911012"/>
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        <balance>1057.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16478.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nuveen Maryland Quality Munici</name>
        <lei>5493006P9O3UMO01A682</lei>
        <title>Nuveen Maryland Quality Municipal Income Fund</title>
        <cusip>67061Q107</cusip>
        <identifiers>
          <isin value="US67061Q1076"/>
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        <balance>1255.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16879.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Allergan PLC</name>
        <lei>635400FWJZQC1IPYUH69</lei>
        <title>Allergan plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BY9D5467"/>
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        <balance>3558.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>680182.86000000</valUSD>
        <pctVal>1.816439606181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Neuberger Berman California Mu</name>
        <lei>5493003VDAWQHC3PB533</lei>
        <title>Neuberger Berman California Municipal Fund, Inc.</title>
        <cusip>64123C101</cusip>
        <identifiers>
          <isin value="US64123C1018"/>
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        <balance>1117.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15582.15000000</valUSD>
        <pctVal>0.041612389952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Consumer Discretionary Select</name>
        <lei>549300CD2I087Y919K79</lei>
        <title>Consumer Discretionary Select Sector SPDR Fund</title>
        <cusip>81369Y407</cusip>
        <identifiers>
          <isin value="US81369Y4070"/>
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        <balance>-270.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-33863.40000000</valUSD>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cboe Futures Exchange</name>
        <lei>N/A</lei>
        <title>CBOE Volatility Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXH0"/>
        </identifiers>
        <balance>-57.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-13271.18000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Chicago Board Options Exchange SPX Volatility Index</indexName>
                <indexIdentifier>US12497K1007</indexIdentifier>
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            <expDate>2020-03-18</expDate>
            <notionalAmt>-958578.82</notionalAmt>
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            <unrealizedAppr>-13271.18</unrealizedAppr>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Eaton Vance California Municip</name>
        <lei>5493000EWT76UUJKIW67</lei>
        <title>Eaton Vance California Municipal Income Trust</title>
        <cusip>27826F101</cusip>
        <identifiers>
          <isin value="US27826F1012"/>
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        <balance>1148.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15475.04000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Utilities Select Sector SPDR F</name>
        <lei>549300ERQDM80PRYUH21</lei>
        <title>Utilities Select Sector SPDR Fund</title>
        <cusip>81369Y886</cusip>
        <identifiers>
          <isin value="US81369Y8865"/>
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        <balance>-2318.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-149789.16000000</valUSD>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Synthorx Inc</name>
        <lei>N/A</lei>
        <title>Synthorx, Inc.</title>
        <cusip>87167A103</cusip>
        <identifiers>
          <isin value="US87167A1034"/>
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        <balance>2801.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>195761.89000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Osaka Exchange</name>
        <lei>N/A</lei>
        <title>Nikkei 225 (OSE) Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NKH0"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="JPY" exchangeRt="108.66100000"/>
        <valUSD>1771.26000000</valUSD>
        <pctVal>0.004730179200</pctVal>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <indexBasketInfo>
                <indexName>Nikkei 225</indexName>
                <indexIdentifier>JP9010C00002</indexIdentifier>
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            <expDate>2020-03-12</expDate>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Innophos Holdings Inc</name>
        <lei>XQ0331QX53IRX25OY417</lei>
        <title>Innophos Holdings, Inc.</title>
        <cusip>45774N108</cusip>
        <identifiers>
          <isin value="US45774N1081"/>
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        <balance>5900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>188682.00000000</valUSD>
        <pctVal>0.503878409658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock MuniHoldings New Jer</name>
        <lei>FDX8Y56FK6PN1WE5XX39</lei>
        <title>BlackRock MuniHoldings New Jersey Quality Fund, Inc.</title>
        <cusip>09254X101</cusip>
        <identifiers>
          <isin value="US09254X1019"/>
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        <balance>1135.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16287.25000000</valUSD>
        <pctVal>0.043495371194</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>London Metal Exchange</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="LAG20"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1243.25000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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                <issuerName>N/A</issuerName>
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                  <other otherDesc="Physical Asset" value="LME Primary Aluminum"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-02-17</expDate>
            <notionalAmt>-178856.75</notionalAmt>
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            <unrealizedAppr>-1243.25</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Limited Duration Inc</name>
        <lei>4VIZ12RURKQTKPDDB492</lei>
        <title>BlackRock Limited Duration Income Trust</title>
        <cusip>09249W101</cusip>
        <identifiers>
          <isin value="US09249W1018"/>
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        <balance>896.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14685.44000000</valUSD>
        <pctVal>0.039217711028</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Consumer Staples Select Sector</name>
        <lei>549300Z52QUV3UXHLA68</lei>
        <title>Consumer Staples Select Sector SPDR Fund</title>
        <cusip>81369Y308</cusip>
        <identifiers>
          <isin value="US81369Y3080"/>
        </identifiers>
        <balance>-612.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-38543.76000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Materials Select Sector SPDR F</name>
        <lei>549300N81BAQ1XPGBT65</lei>
        <title>Materials Select Sector SPDR Fund</title>
        <cusip>81369Y100</cusip>
        <identifiers>
          <isin value="US81369Y1001"/>
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        <balance>-486.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-29850.12000000</valUSD>
        <pctVal>-0.07971524042</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Western Asset Global Corporate</name>
        <lei>5493006E69SZBMSGUS66</lei>
        <title>Western Asset Global Corporate Defined Opportunity Fund, Inc.</title>
        <cusip>95790C107</cusip>
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          <isin value="US95790C1071"/>
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        <balance>830.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15130.90000000</valUSD>
        <pctVal>0.040407319345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cushing MLP &amp; Infrastructure T</name>
        <lei>5493006NXITDSHOHUT03</lei>
        <title>Cushing MLP &amp; Infrastructure Total Return Fund</title>
        <cusip>231631201</cusip>
        <identifiers>
          <isin value="US2316312014"/>
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        <balance>1834.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18761.82000000</valUSD>
        <pctVal>0.050103751411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Borsa Italiana (IDEM)</name>
        <lei>N/A</lei>
        <title>FTSE MIB Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="STH0"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89130000"/>
        <valUSD>704.85000000</valUSD>
        <pctVal>0.001882313612</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>FTSE MIB Index</indexName>
                <indexIdentifier>IT0003465736</indexIdentifier>
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            <expDate>2020-03-20</expDate>
            <notionalAmt>129723.56</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>704.85</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Massachusetts Quality M</name>
        <lei>549300RK5RSCWBBL2616</lei>
        <title>Nuveen Massachusetts Quality Municipal Income Fund</title>
        <cusip>67061E104</cusip>
        <identifiers>
          <isin value="US67061E1047"/>
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        <balance>986.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14020.92000000</valUSD>
        <pctVal>0.037443099349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lazard Global Total Return and</name>
        <lei>MZRC4RJENF0LPRIWFB85</lei>
        <title>Lazard Global Total Return and Income Fund, Inc.</title>
        <cusip>52106W103</cusip>
        <identifiers>
          <isin value="US52106W1036"/>
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        <balance>2199.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>36393.45000000</valUSD>
        <pctVal>0.097189311688</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurex</name>
        <lei>N/A</lei>
        <title>Euro - OATS Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="OATH0"/>
        </identifiers>
        <balance>37.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89130000"/>
        <valUSD>-48204.39000000</valUSD>
        <pctVal>-0.12873062280</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Euro-OAT 10yr 6%</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="Euro-OAT 10yr 6%"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-03-06</expDate>
            <notionalAmt>6729867.11</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-48204.39</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eaton Vance New York Municipal</name>
        <lei>549300WVQCB83XE35C46</lei>
        <title>Eaton Vance New York Municipal Income Trust</title>
        <cusip>27826W104</cusip>
        <identifiers>
          <isin value="US27826W1045"/>
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        <balance>1222.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16368.45000000</valUSD>
        <pctVal>0.043712217140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New Ireland Fund Inc/The</name>
        <lei>549300HNB2YXNXXJQ174</lei>
        <title>New Ireland Fund, Inc.</title>
        <cusip>645673104</cusip>
        <identifiers>
          <isin value="US6456731040"/>
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        <balance>3587.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35547.17000000</valUSD>
        <pctVal>0.094929306915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eaton Vance Municipal Income T</name>
        <lei>549300DINBO2K1M6KL63</lei>
        <title>Eaton Vance Municipal Income Trust</title>
        <cusip>27826U108</cusip>
        <identifiers>
          <isin value="US27826U1088"/>
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        <balance>1151.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14675.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MFS Investment Grade Municipal</name>
        <lei>TQV30XJRB3S7V50XRW52</lei>
        <title>MFS Investment Grade Municipal Trust</title>
        <cusip>59318B108</cusip>
        <identifiers>
          <isin value="US59318B1089"/>
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        <balance>1578.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>iShares 20+ Year Treasury Bond</name>
        <lei>549300WWURKS1JGBZU59</lei>
        <title>iShares 20+ Year Treasury Bond ETF</title>
        <cusip>464287432</cusip>
        <identifiers>
          <isin value="US4642874329"/>
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        <balance>-1156.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-156614.88000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SRC Energy Inc</name>
        <lei>549300RFZV39PJ73PH67</lei>
        <title>SRC Energy, Inc.</title>
        <cusip>78470V108</cusip>
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          <isin value="US78470V1089"/>
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        <balance>34697.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>142951.64000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BlackRock Core Bond Trust</name>
        <lei>CC8M7XFKTNG56DXMAR33</lei>
        <title>BlackRock Core Bond Trust</title>
        <cusip>09249E101</cusip>
        <identifiers>
          <isin value="US09249E1010"/>
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        <balance>1023.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14915.34000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tekla Healthcare Opportunities</name>
        <lei>549300WT8EMZSV1XVW72</lei>
        <title>Tekla Healthcare Opportunities Fund</title>
        <cusip>879105104</cusip>
        <identifiers>
          <isin value="US8791051043"/>
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        <balance>860.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16400.20000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Euronext Derivatives Amsterdam</name>
        <lei>N/A</lei>
        <title>Amsterdam Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="EOF0"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89130000"/>
        <valUSD>522.52000000</valUSD>
        <pctVal>0.001395398324</pctVal>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>AEX-Index</indexName>
                <indexIdentifier>NL0000000107</indexIdentifier>
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            <expDate>2020-01-17</expDate>
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            <unrealizedAppr>522.52</unrealizedAppr>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guggenheim Partners Investment Management LLC</name>
        <lei>N/A</lei>
        <title>Guggenheim Ultra Short Duration Fund - Institutional Class</title>
        <cusip>40169J523</cusip>
        <identifiers>
          <isin value="US40169J5231"/>
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        <balance>539426.56790000</balance>
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        <curCd>USD</curCd>
        <valUSD>5367294.35000000</valUSD>
        <pctVal>14.33344856024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Energy MLP Total Return</name>
        <lei>549300YT4F8J4QYS5598</lei>
        <title>Nuveen Energy MLP Total Return Fund</title>
        <cusip>67074U103</cusip>
        <identifiers>
          <isin value="US67074U1034"/>
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        <balance>1890.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14666.40000000</valUSD>
        <pctVal>0.039166864393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Germany Fund Inc/The</name>
        <lei>549300TPS2RTTJ8O3C08</lei>
        <title>New Germany Fund, Inc.</title>
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          <isin value="US6444651060"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Achillion Pharmaceuticals Inc</name>
        <lei>529900LZPJ796VSWZM38</lei>
        <title>Achillion Pharmaceuticals, Inc.</title>
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          <isin value="US00448Q2012"/>
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        <balance>30037.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Western Asset Emerging Markets</name>
        <lei>549300F68574RU1BKP84</lei>
        <title>Western Asset Emerging Markets Debt Fund, Inc.</title>
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        <balance>1125.00000000</balance>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BlackRock MuniYield Quality Fu</name>
        <lei>PRQP520S3DVB025IWS24</lei>
        <title>BlackRock MuniYield Quality Fund II, Inc.</title>
        <cusip>09254G108</cusip>
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          <isin value="US09254G1085"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>AllianzGI NFJ Dividend Interes</name>
        <lei>549300535GECAFITZP67</lei>
        <title>AllianzGI NFJ Dividend Interest &amp; Premium Strategy Fund</title>
        <cusip>01883A107</cusip>
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          <isin value="US01883A1079"/>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Neuberger Berman High Yield St</name>
        <lei>549300N1F0D8SFREMM17</lei>
        <title>Neuberger Berman High Yield Strategies Fund, Inc.</title>
        <cusip>64128C106</cusip>
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          <isin value="US64128C1062"/>
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        <balance>1198.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Clough Global Dividend and Inc</name>
        <lei>5493001GFY6TW0CYCT15</lei>
        <title>Clough Global Dividend and Income Fund</title>
        <cusip>18913Y103</cusip>
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          <isin value="US18913Y1038"/>
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        <balance>1384.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>India Fund Inc/The</name>
        <lei>5493008XCB4X3JFQPB87</lei>
        <title>India Fund, Inc.</title>
        <cusip>454089103</cusip>
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          <isin value="US4540891037"/>
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        <balance>758.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cboe Futures Exchange</name>
        <lei>N/A</lei>
        <title>CBOE Volatility Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXM0"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-32.64000000</valUSD>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <indexName>Chicago Board Options Exchange SPX Volatility Index</indexName>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Montreal Exchange</name>
        <lei>N/A</lei>
        <title>S&amp;P/TSX 60 IX Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="PTH0"/>
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        <balance>2.00000000</balance>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <indexName>S&amp;P/TSX 60 Index</indexName>
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      <invstOrSec>
        <name>Nuveen Texas Quality Municipal</name>
        <lei>549300W0DKM8NJX50T64</lei>
        <title>Nuveen Texas Quality Municipal Income Fund</title>
        <cusip>670983105</cusip>
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          <isin value="US6709831050"/>
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        <balance>1113.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>iShares 7-10 Year Treasury Bon</name>
        <lei>549300XS1PPZG92M8L16</lei>
        <title>iShares 7-10 Year Treasury Bond ETF</title>
        <cusip>464287440</cusip>
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          <isin value="US4642874402"/>
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        <balance>-1424.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Franklin Universal Trust</name>
        <lei>5493009UE75VG0DU8V76</lei>
        <title>Franklin Universal Trust</title>
        <cusip>355145103</cusip>
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          <isin value="US3551451038"/>
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        <balance>2096.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Natural Gas Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NGG20"/>
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        <balance>-78.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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              <indexBasketInfo>
                <indexName>Henry Hub Natural Gas Spot Price</indexName>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tekla Healthcare Investors</name>
        <lei>549300SNASESIFOS6V75</lei>
        <title>Tekla Healthcare Investors</title>
        <cusip>87911J103</cusip>
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          <isin value="US87911J1034"/>
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        <balance>836.00000000</balance>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Eurex</name>
        <lei>N/A</lei>
        <title>Euro - BTP Italian Government Bond Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="IKH0"/>
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        <balance>23.00000000</balance>
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      <invstOrSec>
        <name>Fitbit Inc</name>
        <lei>549300GYQQ375BZPXK02</lei>
        <title>Fitbit, Inc.</title>
        <cusip>33812L102</cusip>
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          <isin value="US33812L1026"/>
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        <name>Cision Ltd</name>
        <lei>N/A</lei>
        <title>Cision Ltd.</title>
        <cusip>N/A</cusip>
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        <balance>19047.00000000</balance>
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      <invstOrSec>
        <name>BlackRock MuniHoldings New Yor</name>
        <lei>YP1D2S6Y4JY0A7W3DV93</lei>
        <title>BlackRock MuniHoldings New York Quality Fund, Inc.</title>
        <cusip>09255C106</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Russell 2000 Index Mini Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="RTYH0"/>
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        <balance>-9.00000000</balance>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>First Trust High Income Long/S</name>
        <lei>JUEVI6DHENZLPUBV7E49</lei>
        <title>First Trust High Income Long/Short Fund</title>
        <cusip>33738E109</cusip>
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          <isin value="US33738E1091"/>
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        <balance>1021.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16080.75000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen Georgia Quality Municip</name>
        <lei>54930023QNPVRWXW1U13</lei>
        <title>Nuveen Georgia Quality Municipal Income Fund</title>
        <cusip>67072B107</cusip>
        <identifiers>
          <isin value="US67072B1070"/>
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        <balance>1348.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16998.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Advanced Disposal Services Inc</name>
        <lei>549300ML1GEF4BKIM713</lei>
        <title>Advanced Disposal Services, Inc.</title>
        <cusip>00790X101</cusip>
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          <isin value="US00790X1019"/>
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        <balance>14431.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>474346.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brookfield Real Assets Income</name>
        <lei>5493007NX94W3HSQTJ60</lei>
        <title>Brookfield Real Assets Income Fund, Inc.</title>
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          <isin value="US1128301041"/>
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        <balance>627.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13386.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cboe Futures Exchange</name>
        <lei>N/A</lei>
        <title>CBOE Volatility Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXJ0"/>
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        <balance>-15.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>6555.56000000</valUSD>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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              <indexBasketInfo>
                <indexName>Chicago Board Options Exchange SPX Volatility Index</indexName>
                <indexIdentifier>US12497K1007</indexIdentifier>
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            <expDate>2020-04-15</expDate>
            <notionalAmt>-269355.56</notionalAmt>
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            <unrealizedAppr>6555.56</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Credit Strategies Incom</name>
        <lei>W4CSTD4RDGQSJ4FOVO30</lei>
        <title>Nuveen Credit Strategies Income Fund</title>
        <cusip>67073D102</cusip>
        <identifiers>
          <isin value="US67073D1028"/>
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        <balance>2132.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16352.44000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Carolina Financial Corp</name>
        <lei>549300J88S3H0BJR4L76</lei>
        <title>Carolina Financial Corp.</title>
        <cusip>143873107</cusip>
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          <isin value="US1438731077"/>
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        <balance>4394.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Guggenheim Partners Investment Management LLC</name>
        <lei>N/A</lei>
        <title>Guggenheim Strategy Fund III</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="GFSCX"/>
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        <balance>82867.88700000</balance>
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        <curCd>USD</curCd>
        <valUSD>2048494.16000000</valUSD>
        <pctVal>5.470537621684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BOFA SECURITIES, INC.</name>
        <lei>549300HN4UKV1E2R3U73</lei>
        <title>BofA Securities, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="REPO-BANK"/>
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        <balance>880878.70000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>880878.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <counterpartyInfo lei="549300HN4UKV1E2R3U73" name="BOFA SECURITIES, INC."/>
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          <isTriParty>Y</isTriParty>
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            <repurchaseCollateral>
              <principalAmt>735572.08000000</principalAmt>
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              <collateralVal>898497.70000000</collateralVal>
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              <invstCat>UST</invstCat>
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          </repurchaseCollaterals>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>London Metal Exchange</name>
        <lei>N/A</lei>
        <title>LME Lead Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LLG0"/>
        </identifiers>
        <balance>2.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-193.50000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>N/A</issuerName>
                <issueTitle>LME Lead</issueTitle>
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                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="LME Lead"/>
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            <expDate>2020-02-17</expDate>
            <notionalAmt>96481</notionalAmt>
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            <unrealizedAppr>-193.5</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RMR Real Estate Income Fund</name>
        <lei>549300ESBDZ3SA3OEX38</lei>
        <title>RMR Real Estate Income Fund</title>
        <cusip>76970B101</cusip>
        <identifiers>
          <isin value="US76970B1017"/>
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        <balance>2575.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>52015.00000000</valUSD>
        <pctVal>0.138906919994</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Japan Smaller Capitalization F</name>
        <lei>5493000KJSHWEB3YKZ37</lei>
        <title>Japan Smaller Capitalization Fund, Inc.</title>
        <cusip>47109U104</cusip>
        <identifiers>
          <isin value="US47109U1043"/>
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        <balance>2056.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18390.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Canadian Dollar Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CDH0"/>
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        <balance>94.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>127525.53000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>N/A</issuerName>
                <issueTitle>Canadian Dollar</issueTitle>
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                  <cusip value="N/A"/>
                  <other otherDesc="Currency" value="Canadian Dollar"/>
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            </descRefInstrmnt>
            <expDate>2020-03-17</expDate>
            <notionalAmt>7114234.47</notionalAmt>
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            <unrealizedAppr>127525.53</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Soybean Oil Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="BOH0"/>
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        <balance>9.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>3049.39000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Callon Petroleum Co</name>
        <lei>549300EFOWPEB0WLZW21</lei>
        <title>Callon Petroleum Co.</title>
        <cusip>13123X102</cusip>
        <identifiers>
          <isin value="US13123X1028"/>
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        <balance>-1.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-4.83000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LMP Capital and Income Fund In</name>
        <lei>549300YJH1GYGXCCQ467</lei>
        <title>LMP Capital and Income Fund, Inc.</title>
        <cusip>50208A102</cusip>
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          <isin value="US50208A1025"/>
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        <balance>1048.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16285.92000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Australian Dollar Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ADH0"/>
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        <balance>-26.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-47441.41000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>N/A</issuerName>
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            <expDate>2020-03-16</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nuveen New York Municipal Valu</name>
        <lei>8JST4ZDGY7PWCKUQZR78</lei>
        <title>Nuveen New York Municipal Value Fund 2</title>
        <cusip>670706100</cusip>
        <identifiers>
          <isin value="US6707061007"/>
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        <balance>1133.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16199.18000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eurex</name>
        <lei>N/A</lei>
        <title>Euro STOXX 50 Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="VGH0"/>
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        <balance>-26.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89130000"/>
        <valUSD>9448.79000000</valUSD>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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                    <othIndName>Highwoods Properties, Inc.</othIndName>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <descRefInstrmnt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New York Mercantile Exchange</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="CLG0"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>327.45000000</valUSD>
        <pctVal>0.000874460654</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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              </otherRefInst>
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            <expDate>2020-01-21</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Putnam Municipal Opportunities</name>
        <lei>549300M74BR4G95PSL96</lei>
        <title>Putnam Municipal Opportunities Trust</title>
        <cusip>746922103</cusip>
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          <isin value="US7469221037"/>
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        <balance>1075.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ClearBridge MLP &amp; Midstream Fu</name>
        <lei>549300KS1WIARK4T8791</lei>
        <title>ClearBridge MLP &amp; Midstream Fund, Inc.</title>
        <cusip>184692101</cusip>
        <identifiers>
          <isin value="US1846921013"/>
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        <balance>1640.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BlackRock MuniYield California</name>
        <lei>66NM4YVPRCKC38WC6N20</lei>
        <title>BlackRock MuniYield California Fund, Inc.</title>
        <cusip>09254M105</cusip>
        <identifiers>
          <isin value="US09254M1053"/>
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        <balance>1155.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16308.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>First Horizon National Corp</name>
        <lei>TF3RXI1ZB1TQ30H9JV10</lei>
        <title>First Horizon National Corp.</title>
        <cusip>320517105</cusip>
        <identifiers>
          <isin value="US3205171057"/>
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        <balance>-11955.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-197974.80000000</valUSD>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs MLP Energy and R</name>
        <lei>5493002N1D5YCVFNA222</lei>
        <title>Goldman Sachs MLP Energy and Renaissance Fund</title>
        <cusip>38148G107</cusip>
        <identifiers>
          <isin value="US38148G1076"/>
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        <balance>3208.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13794.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pioneer Diversified High Incom</name>
        <lei>F6XC8RH66QIXRMU75G31</lei>
        <title>Pioneer Diversified High Income Trust</title>
        <cusip>723653101</cusip>
        <identifiers>
          <isin value="US7236531015"/>
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        <balance>1014.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15088.32000000</valUSD>
        <pctVal>0.040293608749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mellanox Technologies Ltd</name>
        <lei>5299007E0TX53VXVFJ97</lei>
        <title>Mellanox Technologies Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011017329"/>
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        <balance>2661.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>311815.98000000</valUSD>
        <pctVal>0.832709745012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aberdeen Total Dynamic Dividen</name>
        <lei>254900D48NKNOGZ95B43</lei>
        <title>Aberdeen Total Dynamic Dividend Fund</title>
        <cusip>00326L100</cusip>
        <identifiers>
          <isin value="US00326L1008"/>
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        <balance>1937.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17336.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Continental Building Products</name>
        <lei>529900IRGIZ4M7ZBPJ74</lei>
        <title>Continental Building Products, Inc.</title>
        <cusip>211171103</cusip>
        <identifiers>
          <isin value="US2111711030"/>
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        <balance>5241.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>190929.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bancroft Fund Ltd</name>
        <lei>5493000X4Y1FB4G26P45</lei>
        <title>Bancroft Fund Ltd.</title>
        <cusip>059695106</cusip>
        <identifiers>
          <isin value="US0596951063"/>
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        <balance>572.85300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14948.60000000</valUSD>
        <pctVal>0.039920484172</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Real Estate Income Fund</name>
        <lei>LXJVVL0330BRT3R7PH61</lei>
        <title>Nuveen Real Estate Income Fund</title>
        <cusip>67071B108</cusip>
        <identifiers>
          <isin value="US67071B1089"/>
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        <balance>1337.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14198.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>iShares iBoxx $ Investment Gra</name>
        <lei>549300FYCXFXG8POR355</lei>
        <title>iShares iBoxx $ Investment Grade Corporate Bond ETF</title>
        <cusip>464287242</cusip>
        <identifiers>
          <isin value="US4642872422"/>
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        <balance>-1081.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-138324.76000000</valUSD>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Eurex</name>
        <lei>N/A</lei>
        <title>Euro - Bund Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="RXH0"/>
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        <balance>-15.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89130000"/>
        <valUSD>1150.79000000</valUSD>
        <pctVal>0.003073203776</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>N/A</issuerName>
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                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="Euro-Bund 10yr 6%"/>
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            </descRefInstrmnt>
            <expDate>2020-03-06</expDate>
            <notionalAmt>-2864388.1</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>1150.79</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Eaton Vance California Municip</name>
        <lei>549300FJGD8HWP11TO17</lei>
        <title>Eaton Vance California Municipal Bond Fund</title>
        <cusip>27828A100</cusip>
        <identifiers>
          <isin value="US27828A1007"/>
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        <balance>1438.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16177.50000000</valUSD>
        <pctVal>0.043202281999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Western Asset Intermediate Mun</name>
        <lei>5493000MG5MROBD48K57</lei>
        <title>Western Asset Intermediate Muni Fund, Inc.</title>
        <cusip>958435109</cusip>
        <identifiers>
          <isin value="US9584351095"/>
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        <balance>1700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15436.00000000</valUSD>
        <pctVal>0.041222093954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>U.S. Treasury Long Bond Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="USH0"/>
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        <balance>15.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-18722.23000000</valUSD>
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        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>N/A</issuerName>
                <issueTitle>US 20yr 6%</issueTitle>
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                  <cusip value="N/A"/>
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            <expDate>2020-03-20</expDate>
            <notionalAmt>2352159.73</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-18722.23</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen Global High Income Fund</name>
        <lei>549300I4IAH7O6ZZEH53</lei>
        <title>Nuveen Global High Income Fund</title>
        <cusip>67075G103</cusip>
        <identifiers>
          <isin value="US67075G1031"/>
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        <balance>1073.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gabelli Healthcare &amp; WellnessR</name>
        <lei>549300XULWZNLHFTG832</lei>
        <title>Gabelli Healthcare &amp; WellnessRx Trust</title>
        <cusip>36246K103</cusip>
        <identifiers>
          <isin value="US36246K1034"/>
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        <balance>1756.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20229.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CBRE Clarion Global Real Estat</name>
        <lei>549300HYEBBK5ZZO6F11</lei>
        <title>CBRE Clarion Global Real Estate Income Fund</title>
        <cusip>12504G100</cusip>
        <identifiers>
          <isin value="US12504G1004"/>
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        <balance>2027.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16256.54000000</valUSD>
        <pctVal>0.043413359630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SPDR S&amp;P 500 ETF Trust</name>
        <lei>549300NZAMSJ8FXPQQ63</lei>
        <title>SPDR S&amp;P 500 ETF Trust</title>
        <cusip>78462F103</cusip>
        <identifiers>
          <isin value="US78462F1030"/>
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        <balance>-31.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-9977.66000000</valUSD>
        <pctVal>-0.02664550647</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Madison Covered Call &amp; Equity</name>
        <lei>254900DMET709D189F74</lei>
        <title>Madison Covered Call &amp; Equity Strategy Fund</title>
        <cusip>557437100</cusip>
        <identifiers>
          <isin value="US5574371002"/>
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        <balance>2381.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15786.03000000</valUSD>
        <pctVal>0.042156854873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Enhanced Capital and</name>
        <lei>YNYNSGFZPAVB3Q7YA123</lei>
        <title>BlackRock Enhanced Capital and Income Fund, Inc.</title>
        <cusip>09256A109</cusip>
        <identifiers>
          <isin value="US09256A1097"/>
        </identifiers>
        <balance>859.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14817.75000000</valUSD>
        <pctVal>0.039571047077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE Futures Europe Commodities</name>
        <lei>N/A</lei>
        <title>Brent Crude Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="COH0"/>
        </identifiers>
        <balance>4.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4081.74000000</valUSD>
        <pctVal>0.010900354351</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Brent Crude</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Brent Crude"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-01-31</expDate>
            <notionalAmt>260038.26</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>4081.74</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares MSCI EAFE ETF</name>
        <lei>549300O0XO3KDQV68404</lei>
        <title>iShares MSCI EAFE ETF</title>
        <cusip>464287465</cusip>
        <identifiers>
          <isin value="US4642874659"/>
        </identifiers>
        <balance>-1044.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-72495.36000000</valUSD>
        <pctVal>-0.19360006097</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Corporate High Yield</name>
        <lei>97ZR60BLU36N5VJMH054</lei>
        <title>BlackRock Corporate High Yield Fund, Inc.</title>
        <cusip>09255P107</cusip>
        <identifiers>
          <isin value="US09255P1075"/>
        </identifiers>
        <balance>1330.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14896.00000000</valUSD>
        <pctVal>0.039780015000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-01-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Rydex Series Funds</ncom:nameOfApplicant>
      <ncom:signature>John Sullivan</ncom:signature>
      <ncom:signerName>John Sullivan</ncom:signerName>
      <ncom:title>CFO</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
