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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen New Jersey Quality Muni</name>
        <lei>5493006CFPL75HL16F31</lei>
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        <cusip>67069Y102</cusip>
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          <isin value="US67069Y1029"/>
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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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      <invstOrSec>
        <name>BlackRock Strategic Municipal</name>
        <lei>DHJF4NDTT27QQ22K2S66</lei>
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          <isin value="US09248T1097"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BlackRock MuniHoldings New Jer</name>
        <lei>FDX8Y56FK6PN1WE5XX39</lei>
        <title>BlackRock MuniHoldings New Jersey Quality Fund, Inc.</title>
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          <isin value="US09254X1019"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rosetta Stone Inc</name>
        <lei>5299001UYF7L66NG5049</lei>
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          <isin value="US7777801074"/>
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        <balance>20654.00000000</balance>
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        <curCd>USD</curCd>
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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>Eaton Vance Floating-Rate Inco</name>
        <lei>549300FS3DS8EW3OQA12</lei>
        <title>Eaton Vance Floating-Rate Income Plus Fund</title>
        <cusip>278284104</cusip>
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          <isin value="US2782841041"/>
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        <balance>669.00000000</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>Tekla Life Sciences Investors</name>
        <lei>5493007BYZPSOVVS0M04</lei>
        <title>Tekla Life Sciences Investors</title>
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          <isin value="US87911K1007"/>
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        <balance>545.00000000</balance>
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        <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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        <name>CBRE Clarion Global Real Estat</name>
        <lei>549300HYEBBK5ZZO6F11</lei>
        <title>CBRE Clarion Global Real Estate Income Fund</title>
        <cusip>12504G100</cusip>
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          <isin value="US12504G1004"/>
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        <balance>21010.00000000</balance>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hudson Ltd</name>
        <lei>N/A</lei>
        <title>Hudson Ltd.</title>
        <cusip>N/A</cusip>
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          <isin value="BMG464081030"/>
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        <balance>40312.00000000</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>Cboe Futures Exchange</name>
        <lei>N/A</lei>
        <title>CBOE Volatility Index Futures Contracts</title>
        <cusip>N/A</cusip>
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          <ticker value="UXG1"/>
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        <balance>9.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-2440.78000000</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>Long</payOffProf>
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                <indexName>Chicago Board Options Exchange SPX Volatility Index</indexName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ICE Futures Europe Commodities</name>
        <lei>N/A</lei>
        <title>Brent Crude Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="COG1"/>
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        <balance>-11.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5556.33000000</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>Short</payOffProf>
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                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-12-30</expDate>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Tax-Advantaged Dividend</name>
        <lei>P8A4JDNIPXCEKEVC8W52</lei>
        <title>Nuveen Tax-Advantaged Dividend Growth Fund</title>
        <cusip>67073G105</cusip>
        <identifiers>
          <isin value="US67073G1058"/>
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        <balance>698.00000000</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>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <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>3994.00000000</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 Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Japanese Yen Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="JYZ0"/>
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        <balance>42.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>33681.31000000</valUSD>
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        <assetCat>DFE</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>Long</payOffProf>
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                <issuerName>N/A</issuerName>
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            <expDate>2020-12-14</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <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>33410.02100000</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>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>NY Harbor ULSD Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HOX0"/>
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        <balance>6.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>6889.50000000</valUSD>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>Teladoc Health Inc</name>
        <lei>549300I2PVFBC9MFAC61</lei>
        <title>Teladoc Health, Inc.</title>
        <cusip>87918A105</cusip>
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          <isin value="US87918A1051"/>
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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>Sunrun Inc</name>
        <lei>54930007SJ77CI66U531</lei>
        <title>Sunrun, Inc.</title>
        <cusip>86771W105</cusip>
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          <isin value="US86771W1053"/>
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        <balance>-10303.00000000</balance>
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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>iShares JP Morgan USD Emerging</name>
        <lei>54930070R8WH6MNUJG74</lei>
        <title>iShares JP Morgan USD Emerging Markets Bond ETF</title>
        <cusip>464288281</cusip>
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          <isin value="US4642882819"/>
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        <balance>-920.00000000</balance>
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        <curCd>USD</curCd>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Corn Futures Contracts</title>
        <cusip>N/A</cusip>
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          <ticker value="C Z0"/>
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        <balance>-17.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-14880.85000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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            <expDate>2020-12-14</expDate>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BlackRock MuniVest Fund Inc</name>
        <lei>68LQJ5NLUNQI2T9OLL41</lei>
        <title>BlackRock MuniVest Fund, Inc.</title>
        <cusip>09253R105</cusip>
        <identifiers>
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        <name>Western Asset Municipal Partne</name>
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        <balance>664.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jernigan Capital Inc</name>
        <lei>N/A</lei>
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        <balance>27753.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <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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          <isin value="US6706561072"/>
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        <balance>735.00000000</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>BlackRock New York Municipal I</name>
        <lei>8OLCZBLW53BSWGP8HR39</lei>
        <title>BlackRock New York Municipal Income Quality Trust</title>
        <cusip>09249U105</cusip>
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          <isin value="US09249U1051"/>
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        <balance>715.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen AMT-Free Municipal Valu</name>
        <lei>5493002K5IM2S29FUR04</lei>
        <title>Nuveen AMT-Free Municipal Value Fund</title>
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          <isin value="US6706951059"/>
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        <balance>600.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BlackRock Municipal Bond Trust</name>
        <lei>N13FNQG6SVW6WDIWRJ75</lei>
        <title>BlackRock Municipal Bond Trust</title>
        <cusip>09249H104</cusip>
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          <isin value="US09249H1041"/>
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        <balance>625.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Willis Towers Watson PLC</name>
        <lei>549300WHC56FF48KL350</lei>
        <title>Willis Towers Watson plc</title>
        <cusip>N/A</cusip>
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          <isin value="IE00BDB6Q211"/>
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        <balance>5948.00000000</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>BlackRock MuniHoldings New Yor</name>
        <lei>YP1D2S6Y4JY0A7W3DV93</lei>
        <title>BlackRock MuniHoldings New York Quality Fund, Inc.</title>
        <cusip>09255C106</cusip>
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          <isin value="US09255C1062"/>
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        <balance>698.00000000</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>Eaton Vance Senior Floating-Ra</name>
        <lei>VJXUJZ1EC079NQ236240</lei>
        <title>Eaton Vance Senior Floating-Rate Trust</title>
        <cusip>27828Q105</cusip>
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          <isin value="US27828Q1058"/>
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        <balance>813.00000000</balance>
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        <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>Eurex</name>
        <lei>N/A</lei>
        <title>DAX Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="GXZ0"/>
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        <balance>-3.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85260000"/>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <indexName>Deutsche Boerse AG German Stock Index DAX</indexName>
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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>
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          <ticker value="NGZ20"/>
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        <balance>-27.00000000</balance>
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        <assetCat>DCO</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>Henry Hub Natural Gas Spot Price</indexName>
                <indexIdentifier>NGUSHHUB</indexIdentifier>
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            <expDate>2020-11-25</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bills</title>
        <cusip>9127962R9</cusip>
        <identifiers>
          <isin value="US9127962R96"/>
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        <balance>2087000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2086937.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen Municipal Credit Income</name>
        <lei>54930078DL3R0VSYW338</lei>
        <title>Nuveen Municipal Credit Income Fund</title>
        <cusip>67070X101</cusip>
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          <isin value="US67070X1019"/>
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        <balance>649.00000000</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>Morgan Stanley Emerging Market</name>
        <lei>879N34XPZOOCKFD26737</lei>
        <title>Morgan Stanley Emerging Markets Debt Fund, Inc.</title>
        <cusip>61744H105</cusip>
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        <balance>16453.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Credit Suisse High Yield Bond</name>
        <lei>549300R9HE7C1IL42N58</lei>
        <title>Credit Suisse High Yield Bond Fund</title>
        <cusip>22544F103</cusip>
        <identifiers>
          <isin value="US22544F1030"/>
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        <balance>4587.00000000</balance>
        <units>NS</units>
        <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>National General Holdings Corp</name>
        <lei>549300HUE7OCQI86BK16</lei>
        <title>National General Holdings Corp.</title>
        <cusip>636220303</cusip>
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        <balance>23428.00000000</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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          <isCashCollateral>N</isCashCollateral>
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        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Swiss Franc Futures Contracts</title>
        <cusip>N/A</cusip>
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          <ticker value="SFZ0"/>
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        <balance>-134.00000000</balance>
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            <payOffProf>Short</payOffProf>
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      <invstOrSec>
        <name>Eaton Vance Tax-Managed Buy-Wr</name>
        <lei>549300WCLE7IOD4LIX31</lei>
        <title>Eaton Vance Tax-Managed Buy-Wr</title>
        <cusip>27829M103</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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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>857.00000000</balance>
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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="RTYZ0"/>
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        <balance>8.00000000</balance>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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        <name>Gabelli Dividend &amp; Income Trus</name>
        <lei>549300082N1MHBT8NI60</lei>
        <title>Gabelli Dividend &amp; Income Trust</title>
        <cusip>36242H104</cusip>
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        <balance>496.00000000</balance>
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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>
        </securityLending>
      </invstOrSec>
      <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>718.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9628.38000000</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>iShares 7-10 Year Treasury Bon</name>
        <lei>549300XS1PPZG92M8L16</lei>
        <title>iShares 7-10 Year Treasury Bond ETF</title>
        <cusip>464287440</cusip>
        <identifiers>
          <isin value="US4642874402"/>
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        <balance>-592.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-72117.44000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BlackRock MuniHoldings Califor</name>
        <lei>NKJSRCJXMS5PZYPXY795</lei>
        <title>BlackRock MuniHoldings California Quality Fund, Inc.</title>
        <cusip>09254L107</cusip>
        <identifiers>
          <isin value="US09254L1070"/>
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        <balance>696.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9730.08000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Live Cattle Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LCJ1"/>
        </identifiers>
        <balance>-13.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>3182.87000000</valUSD>
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        <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>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
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                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Live Cattle"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2021-04-30</expDate>
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            <curCd>USD</curCd>
            <unrealizedAppr>3182.87000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New Germany Fund Inc/The</name>
        <lei>549300TPS2RTTJ8O3C08</lei>
        <title>New Germany Fund, Inc.</title>
        <cusip>644465106</cusip>
        <identifiers>
          <isin value="US6444651060"/>
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        <balance>2641.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>44580.08000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gabelli Global Small and Mid C</name>
        <lei>54930027RS7HE8UD3187</lei>
        <title>Gabelli Global Small and Mid Capital Value Trust</title>
        <cusip>36249W104</cusip>
        <identifiers>
          <isin value="US36249W1045"/>
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        <balance>8244.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>83181.96000000</valUSD>
        <pctVal>0.160154105575</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>Eurex</name>
        <lei>N/A</lei>
        <title>Euro - OATS Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="OATZ0"/>
        </identifiers>
        <balance>51.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85260000"/>
        <valUSD>-17074.89000000</valUSD>
        <pctVal>-0.03287508175</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>
            </counterparties>
            <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>2020-12-08</expDate>
            <notionalAmt>10057664.96000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-17074.89000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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>
        <identifiers>
          <isin value="US33738E1091"/>
        </identifiers>
        <balance>681.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9479.52000000</valUSD>
        <pctVal>0.018251361796</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>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>1007.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9455.73000000</valUSD>
        <pctVal>0.018205557800</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>Credit Suisse Asset Management</name>
        <lei>549300O5MFEP1XJ40B46</lei>
        <title>Credit Suisse Asset Management Income Fund, Inc.</title>
        <cusip>224916106</cusip>
        <identifiers>
          <isin value="US2249161066"/>
        </identifiers>
        <balance>3364.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9890.16000000</valUSD>
        <pctVal>0.019041986132</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>Nuveen New York Quality Munici</name>
        <lei>549300B795LQBEIHRS62</lei>
        <title>Nuveen New York Quality Municipal Income Fund</title>
        <cusip>67066X107</cusip>
        <identifiers>
          <isin value="US67066X1072"/>
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        <balance>684.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9350.28000000</valUSD>
        <pctVal>0.018002529999</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 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>20167.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>119993.65000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Asset High Yield Defin</name>
        <lei>549300MT3R4UXA0DZF65</lei>
        <title>Western Asset High Yield Defined Opportunity Fund, Inc.</title>
        <cusip>95768B107</cusip>
        <identifiers>
          <isin value="US95768B1070"/>
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        <balance>652.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9147.56000000</valUSD>
        <pctVal>0.017612223732</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>BMC Stock Holdings Inc</name>
        <lei>549300GHSZDJ1FJEJG18</lei>
        <title>BMC Stock Holdings, Inc.</title>
        <cusip>05591B109</cusip>
        <identifiers>
          <isin value="US05591B1098"/>
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        <balance>11622.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>497770.26000000</valUSD>
        <pctVal>0.958380287892</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>
      <invstOrSec>
        <name>iShares U.S. Real Estate ETF</name>
        <lei>549300SJWB2CPZFPT616</lei>
        <title>iShares U.S. Real Estate ETF</title>
        <cusip>464287739</cusip>
        <identifiers>
          <isin value="US4642877397"/>
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        <balance>-6290.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-502193.60000000</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>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Gasoline RBOB Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XBF1"/>
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        <balance>-15.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5922.45000000</valUSD>
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        <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>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Short</payOffProf>
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              <indexBasketInfo>
                <indexName>Bloomberg 84 Octane RBOB Gasoline Prompt Month Spot Pipeline Px/New York Harbor</indexName>
                <indexIdentifier>RBOB87PM</indexIdentifier>
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            <expDate>2020-12-31</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock MuniYield New Jersey</name>
        <lei>302GWJWF35C1USY1CK75</lei>
        <title>BlackRock MuniYield New Jersey Fund, Inc.</title>
        <cusip>09254Y109</cusip>
        <identifiers>
          <isin value="US09254Y1091"/>
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        <balance>708.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9763.32000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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="NQZ0"/>
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        <balance>6.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>54573.09000000</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>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
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              <indexBasketInfo>
                <indexName>NASDAQ 100 Stock Index</indexName>
                <indexIdentifier>NDX</indexIdentifier>
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            <expDate>2020-12-18</expDate>
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        <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>U.S. Treasury Ultra Long Bond Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="WNZ0"/>
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        <balance>15.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-16311.07000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</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>US 30yr 6.00%</issueTitle>
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                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="US 30yr 6.00%"/>
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            </descRefInstrmnt>
            <expDate>2020-12-21</expDate>
            <notionalAmt>3337873.57000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-16311.07000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Acacia Communications Inc</name>
        <lei>549300PZLTIVLKOBPB61</lei>
        <title>Acacia Communications, Inc.</title>
        <cusip>00401C108</cusip>
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          <isin value="US00401C1080"/>
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        <name>Chicago Board of Trade</name>
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      <invstOrSec>
        <name>First Trust Aberdeen Emerging</name>
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        <name>Templeton Emerging Markets Fun</name>
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          <isin value="US8801911012"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Invesco Senior Income Trust</name>
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          <isin value="US46131H1077"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Nuveen Maryland Quality Munici</name>
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        <name>London Metal Exchange</name>
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            <payOffProf>Long</payOffProf>
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        <name>Chicago Mercantile Exchange</name>
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          <ticker value="ADZ0"/>
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              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
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      <invstOrSec>
        <name>Energy Select Sector SPDR Fund</name>
        <lei>54930064FLK0RD4TRU75</lei>
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        <assetCat>EC</assetCat>
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        <name>BlackRock MuniEnhanced Fund In</name>
        <lei>RMI3KDDG32L37MBSL541</lei>
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        <name>Aimmune Therapeutics Inc</name>
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        <name>Craft Brew Alliance Inc</name>
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        <name>SPDR Nuveen Bloomberg Barclays</name>
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        <name>Guggenheim Partners Investment Management LLC</name>
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        <name>First Trust Aberdeen Global Op</name>
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        <name>Franklin Universal Trust</name>
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        <name>Ivy High Income Opportunities</name>
        <lei>549300C130E3EJZ8ZQ39</lei>
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        <name>Tekla Healthcare Investors</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>Morgan Stanley Capital Services LLC</name>
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        <title>MS Long/Short Equity Custom Basket</title>
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        <name>Commodity Exchange, Inc.</name>
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        <name>Eurex</name>
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          <ticker value="IKZ0"/>
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        <name>Cboe Futures Exchange</name>
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        <name>Nuveen Short Duration Credit O</name>
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        <name>iShares Russell 1000 Growth ET</name>
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        <name>Nuveen Core Equity Alpha Fund</name>
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        <name>ASX Trade24</name>
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        <name>Goldman Sachs International</name>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Aberdeen Global Premier Proper</name>
        <lei>2549006N165AK05LKM02</lei>
        <title>Aberdeen Global Premier Properties Fund</title>
        <cusip>00302L108</cusip>
        <identifiers>
          <isin value="US00302L1089"/>
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        <balance>1965.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9058.65000000</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>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>1914.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9378.60000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>London Metal Exchange</name>
        <lei>N/A</lei>
        <title>LME Nickel Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LNX0"/>
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        <balance>5.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-13270.75000000</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>
        <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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              <otherRefInst>
                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-11-16</expDate>
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            <unrealizedAppr>-13270.75000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <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>775.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9455.00000000</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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      <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>776.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8962.80000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alexion Pharmaceuticals, Inc.</name>
        <lei>N/A</lei>
        <title>Alexion Pharmaceuticals, Inc.</title>
        <cusip>N/A</cusip>
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          <ticker value="AACVR"/>
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        <balance>34843.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Rights"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Western Asset Global Corporate</name>
        <lei>5493006E69SZBMSGUS66</lei>
        <title>Western Asset Global Corporate Defined Opportunity Fund, Inc.</title>
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          <isin value="US95790C1071"/>
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        <balance>554.00000000</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>Calamos Convertible Opportunit</name>
        <lei>549300ZBRGRX6VMFJ315</lei>
        <title>Calamos Convertible Opportunities and Income Fund</title>
        <cusip>128117108</cusip>
        <identifiers>
          <isin value="US1281171082"/>
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        <balance>815.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8973.15000000</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>PGIM Global High Yield Fund In</name>
        <lei>F0ATD1Y4J8CHDKHSLD09</lei>
        <title>PGIM Global High Yield Fund, Inc.</title>
        <cusip>69346J106</cusip>
        <identifiers>
          <isin value="US69346J1060"/>
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        <balance>10715.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>141973.75000000</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>Invesco Trust for Investment G</name>
        <lei>V0VF67S6NRLBDK357F71</lei>
        <title>Invesco Trust for Investment Grade Municipals</title>
        <cusip>46131M106</cusip>
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          <isin value="US46131M1062"/>
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        <balance>760.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9439.20000000</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>Liberty Broadband Corp</name>
        <lei>549300MIX43II8JLN536</lei>
        <title>Liberty Broadband Corp.</title>
        <cusip>530307305</cusip>
        <identifiers>
          <isin value="US5303073051"/>
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        <balance>-2263.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-323314.81000000</valUSD>
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        <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>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bills</title>
        <cusip>9127962J7</cusip>
        <identifiers>
          <isin value="US9127962J70"/>
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        <balance>2900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2900000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <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>
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          <isin value="US33740D1072"/>
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        <balance>900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9045.00000000</valUSD>
        <pctVal>0.017414760182</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>
      <invstOrSec>
        <name>Nuveen AMT-Free Municipal Cred</name>
        <lei>549300LBMO1C0IG71T03</lei>
        <title>Nuveen AMT-Free Municipal Credit Income Fund</title>
        <cusip>67071L106</cusip>
        <identifiers>
          <isin value="US67071L1061"/>
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        <balance>614.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9615.24000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BlackRock Municipal Income Qua</name>
        <lei>ZQ1Z8W71OQGQTC6ZJ410</lei>
        <title>BlackRock Municipal Income Quality Trust</title>
        <cusip>092479104</cusip>
        <identifiers>
          <isin value="US0924791041"/>
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        <balance>681.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9697.44000000</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>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Gasoline RBOB Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XBX0"/>
        </identifiers>
        <balance>-7.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-20274.45000000</valUSD>
        <pctVal>-0.03903534379</pctVal>
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        <assetCat>DCO</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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                <indexName>Bloomberg 84 Octane RBOB Gasoline Prompt Month Spot Pipeline Px/New York Harbor</indexName>
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          <isCashCollateral>N</isCashCollateral>
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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="IBV0"/>
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        <balance>-6.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85260000"/>
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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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          <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>IBEX 35 Index</indexName>
                <indexIdentifier>ES0SI0000005</indexIdentifier>
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      <invstOrSec>
        <name>BlackRock Maryland Municipal B</name>
        <lei>5RO5IBO74YHGOPZK1D92</lei>
        <title>BlackRock Maryland Municipal Bond Trust</title>
        <cusip>09249L105</cusip>
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          <isin value="US09249L1052"/>
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        <balance>682.00000000</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>Builders FirstSource Inc</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>Builders FirstSource, Inc.</title>
        <cusip>12008R107</cusip>
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          <isin value="US12008R1077"/>
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        <balance>-15254.00000000</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>ASX Trade24</name>
        <lei>N/A</lei>
        <title>Australian Government 10 Year Bond Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XMZ0"/>
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        <balance>87.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39660000"/>
        <valUSD>-3589.38000000</valUSD>
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        <assetCat>DIR</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>Long</payOffProf>
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                <issuerName>N/A</issuerName>
                <issueTitle>Aust 10yr 6%</issueTitle>
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                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="Aust 10yr 6%"/>
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            <expDate>2020-12-15</expDate>
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            <unrealizedAppr>-3589.38000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VanEck Vectors Gold Miners ETF</name>
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        <name>Eaton Vance Floating-Rate Inco</name>
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          <ticker value="SMZ0"/>
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        <name>Morgan Stanley Capital Services LLC</name>
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        <name>Delaware Investments Colorado</name>
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      <invstOrSec>
        <name>Eaton Vance New York Municipal</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TD Ameritrade Holding Corp</name>
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        <name>Source Capital Inc</name>
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        <name>Royce Global Value Trust Inc</name>
        <lei>254900MA25TE88EMIP63</lei>
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      <invstOrSec>
        <name>BlackRock Credit Allocation In</name>
        <lei>WU48CSUCFTU86AQUYZ93</lei>
        <title>BlackRock Credit Allocation Income Trust</title>
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      <invstOrSec>
        <name>Cohen &amp; Steers REIT and Prefer</name>
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        <title>Cohen &amp; Steers REIT and Preferred and Income Fund, Inc.</title>
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        <assetCat>EC</assetCat>
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        <name>First Trust Senior Floating Ra</name>
        <lei>549300188EQ1UO018C30</lei>
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      <invstOrSec>
        <name>Eaton Vance Municipal Bond Fun</name>
        <lei>5493006Q4EBOXVQBQD12</lei>
        <title>Eaton Vance Municipal Bond Fund</title>
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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="EOV0"/>
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        <balance>-4.00000000</balance>
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        <assetCat>DE</assetCat>
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      <invstOrSec>
        <name>Dime Community Bancshares Inc</name>
        <lei>N/A</lei>
        <title>Dime Community Bancshares, Inc.</title>
        <cusip>253922108</cusip>
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          <isin value="US2539221083"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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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>
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          <isin value="US4642875987"/>
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        <balance>-1524.00000000</balance>
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        <assetCat>EC</assetCat>
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        <name>iShares Agency Bond ETF</name>
        <lei>54930076RN5EDP4FSR30</lei>
        <title>iShares Agency Bond ETF</title>
        <cusip>464288166</cusip>
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          <isin value="US4642881662"/>
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        <name>iShares MSCI Emerging Markets</name>
        <lei>549300BPYHDEDI59G670</lei>
        <title>iShares MSCI Emerging Markets ETF</title>
        <cusip>464287234</cusip>
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        <assetCat>EC</assetCat>
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        <name>Bristol-Myers Squibb Co</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>Bristol-Myers Squibb Co.</title>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>New Zealand Dollar Futures Contracts</title>
        <cusip>N/A</cusip>
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          <ticker value="NVZ0"/>
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        <balance>44.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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      <invstOrSec>
        <name>BlackRock MuniHoldings Fund In</name>
        <lei>MZBVMGS24JR92TGE6Z32</lei>
        <title>BlackRock MuniHoldings Fund, Inc.</title>
        <cusip>09253N104</cusip>
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      <invstOrSec>
        <name>OMX Nordic Exchange Stockholm</name>
        <lei>N/A</lei>
        <title>OMX Stockholm 30 Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="QCV0"/>
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        <balance>2.00000000</balance>
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      <invstOrSec>
        <name>Virtus Total Return Fund Inc</name>
        <lei>549300KKRHI4GF7RNQ81</lei>
        <title>Virtus Total Return Fund, Inc.</title>
        <cusip>92835W107</cusip>
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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>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Natural Gas Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NGX20"/>
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        <balance>-13.00000000</balance>
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        <curCd>USD</curCd>
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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>1171.00000000</balance>
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        <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>BlackRock Limited Duration Inc</name>
        <lei>4VIZ12RURKQTKPDDB492</lei>
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        <cusip>09249W101</cusip>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Eurex</name>
        <lei>N/A</lei>
        <title>Euro STOXX 50 Index Futures Contracts</title>
        <cusip>N/A</cusip>
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          <ticker value="VGZ0"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Livongo Health Inc</name>
        <lei>54930061HKCVF1H2O156</lei>
        <title>Livongo Health, Inc.</title>
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          <isin value="US5391831030"/>
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        <balance>4492.00000000</balance>
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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>MFS Multimarket Income Trust</name>
        <lei>WJEDYZGROW7MJ1187O21</lei>
        <title>MFS Multimarket Income Trust</title>
        <cusip>552737108</cusip>
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          <isin value="US5527371083"/>
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        <balance>1628.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BlackRock MuniVest Fund II Inc</name>
        <lei>TC1SINW7C50S8NN8GU32</lei>
        <title>BlackRock MuniVest Fund II, Inc.</title>
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          <isin value="US09253T1016"/>
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        <balance>683.00000000</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>SPDR S&amp;P Biotech ETF</name>
        <lei>549300Y3ODFMPD5XXL58</lei>
        <title>SPDR S&amp;P Biotech ETF</title>
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        <assetCat>EC</assetCat>
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        <name>iShares Preferred &amp; Income Sec</name>
        <lei>549300YX74JNY54XCY80</lei>
        <title>iShares Preferred &amp; Income Securities ETF</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Franklin Ltd Duration Income T</name>
        <lei>P58SM14RY02PYB0IA680</lei>
        <title>Franklin Limited Duration Income Trust</title>
        <cusip>35472T101</cusip>
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        <balance>1087.00000000</balance>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Miller/Howard High Dividend Fu</name>
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          <isin value="US6003791018"/>
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        <balance>13158.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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        <name>Nuveen Real Estate Income Fund</name>
        <lei>LXJVVL0330BRT3R7PH61</lei>
        <title>Nuveen Real Estate Income Fund</title>
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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>Invesco Trust for Investment G</name>
        <lei>FNS6N81D3V131ZZWNT79</lei>
        <title>Invesco Trust for Investment Grade New York Municipals</title>
        <cusip>46131T101</cusip>
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          <isin value="US46131T1016"/>
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        <balance>761.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>iShares Core High Dividend ETF</name>
        <lei>549300M7WVLJWAVPDO86</lei>
        <title>iShares Core High Dividend ETF</title>
        <cusip>46429B663</cusip>
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          <isin value="US46429B6636"/>
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        <balance>-236.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>London Metal Exchange</name>
        <lei>N/A</lei>
        <title>LME Primary Aluminum Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LAX20"/>
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        <balance>-3.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1812.75000000</valUSD>
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        <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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      <invstOrSec>
        <name>Eaton Vance California Municip</name>
        <lei>5493000EWT76UUJKIW67</lei>
        <title>Eaton Vance California Municipal Income Trust</title>
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          <isin value="US27826F1012"/>
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        <balance>716.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9522.80000000</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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      <invstOrSec>
        <name>Immunomedics Inc</name>
        <lei>5493007ZU7DDO8PSIM59</lei>
        <title>Immunomedics, Inc.</title>
        <cusip>452907108</cusip>
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          <isin value="US4529071080"/>
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        <balance>7228.00000000</balance>
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        <curCd>USD</curCd>
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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>MFS High Yield Municipal Trust</name>
        <lei>A8WLLLHJKX1MW5QPZU93</lei>
        <title>MFS High Yield Municipal Trust</title>
        <cusip>59318E102</cusip>
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        <balance>2256.00000000</balance>
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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>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Gasoline RBOB Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XBZ0"/>
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        <balance>13.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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            <payOffProf>Long</payOffProf>
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                <indexName>Bloomberg 84 Octane RBOB Gasoline Prompt Month Spot Pipeline Px/New York Harbor</indexName>
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        <name>GCI Liberty Inc</name>
        <lei>N/A</lei>
        <title>GCI Liberty, Inc.</title>
        <cusip>36164V305</cusip>
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        <balance>3901.00000000</balance>
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        <name>Borsa Italiana (IDEM)</name>
        <lei>N/A</lei>
        <title>FTSE MIB Index Futures Contracts</title>
        <cusip>N/A</cusip>
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          <ticker value="STZ0"/>
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        <balance>-4.00000000</balance>
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        <name>Tortoise Power and Energy Infr</name>
        <lei>549300O8GKMVVEB04345</lei>
        <title>Tortoise Power and Energy Infrastructure Fund, Inc.</title>
        <cusip>89147X104</cusip>
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          <isin value="US89147X1046"/>
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        <balance>10216.00000000</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>Cboe Futures Exchange</name>
        <lei>N/A</lei>
        <title>CBOE Volatility Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXV0"/>
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        <balance>-17.00000000</balance>
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        <valUSD>16989.16000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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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>Nuveen California AMT-Free Qua</name>
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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>Voyageur Minnesota Muni II</name>
        <lei>RY6PR144OD7KOIBBCC20</lei>
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          <isin value="US24610V1035"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AllianzGI Diversified Income &amp;</name>
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        <title>AllianzGI Diversified Income &amp; Convertible Fund</title>
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          <isin value="US01883J1088"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Adams Diversified Equity Fund</name>
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          <isin value="US0062121043"/>
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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>MFS High Income Municipal Trus</name>
        <lei>0G9TCUWY2FBUXSJY2691</lei>
        <title>MFS High Income Municipal Trust</title>
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          <isin value="US59318D1046"/>
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        <balance>2001.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Invesco Pennsylvania Value Mun</name>
        <lei>549300S5KHBL3XISY922</lei>
        <title>Invesco Pennsylvania Value Municipal Income Trust</title>
        <cusip>46132K109</cusip>
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          <isin value="US46132K1097"/>
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        <balance>764.00000000</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>Aberdeen Global Dynamic Divide</name>
        <lei>2549008871AD4OJQWG76</lei>
        <title>Aberdeen Global Dynamic Dividend Fund</title>
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          <isin value="US00302M1062"/>
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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>Chicago Mercantile Exchange</name>
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        <cusip>N/A</cusip>
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          <ticker value="ECZ0"/>
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        <balance>36.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-49342.53000000</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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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bridge Bancorp Inc</name>
        <lei>N/A</lei>
        <title>Bridge Bancorp, Inc.</title>
        <cusip>108035106</cusip>
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          <isin value="US1080351067"/>
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        <balance>-1529.00000000</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>AllianzGI Convertible &amp; Income</name>
        <lei>549300WT3ICVH2Z06O49</lei>
        <title>AllianzGI Convertible &amp; Income Fund</title>
        <cusip>018828103</cusip>
        <identifiers>
          <isin value="US0188281036"/>
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        <balance>1960.00000000</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>Nuveen Pennsylvania Quality Mu</name>
        <lei>5493000C1CS4Q000GF67</lei>
        <title>Nuveen Pennsylvania Quality Municipal Income Fund</title>
        <cusip>670972108</cusip>
        <identifiers>
          <isin value="US6709721087"/>
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        <balance>703.00000000</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>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>1273.00000000</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>Eaton Vance Municipal Income T</name>
        <lei>549300DINBO2K1M6KL63</lei>
        <title>Eaton Vance Municipal Income Trust</title>
        <cusip>27826U108</cusip>
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          <isin value="US27826U1088"/>
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        <balance>763.00000000</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>BNY Mellon High Yield Strategi</name>
        <lei>RH2DL1HWBBECVFYQNK56</lei>
        <title>BNY Mellon High Yield Strategies Fund</title>
        <cusip>09660L105</cusip>
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          <isin value="US09660L1052"/>
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        <balance>3473.00000000</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>Lazard Global Total Return and</name>
        <lei>MZRC4RJENF0LPRIWFB85</lei>
        <title>Lazard Global Total Return and Income Fund, Inc.</title>
        <cusip>52106W103</cusip>
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          <isin value="US52106W1036"/>
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        <balance>6175.00000000</balance>
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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>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>752.00000000</balance>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Taubman Centers Inc</name>
        <lei>N/A</lei>
        <title>Taubman Centers, Inc.</title>
        <cusip>876664103</cusip>
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        <name>Pioneer Floating Rate Trust</name>
        <lei>14KCTV0UEB8JC8MU2I61</lei>
        <title>Pioneer Floating Rate Trust</title>
        <cusip>72369J102</cusip>
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          <isin value="US72369J1025"/>
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        <balance>976.00000000</balance>
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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>John Hancock Income Securities</name>
        <lei>549300RB36J7QSFLWG11</lei>
        <title>John Hancock Income Securities Trust</title>
        <cusip>410123103</cusip>
        <identifiers>
          <isin value="US4101231037"/>
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        <balance>631.00000000</balance>
        <units>NS</units>
        <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>BlackRock MuniYield Fund Inc</name>
        <lei>AVXF9RZVI4EDWXACOH81</lei>
        <title>BlackRock MuniYield Fund, Inc.</title>
        <cusip>09253W104</cusip>
        <identifiers>
          <isin value="US09253W1045"/>
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        <balance>699.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9380.58000000</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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        <name>First Trust Specialty Finance</name>
        <lei>549300EQ34T51CUS5O36</lei>
        <title>First Trust Specialty Finance and Financial Opportunities Fund</title>
        <cusip>33733G109</cusip>
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          <isin value="US33733G1094"/>
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        <balance>3538.00000000</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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          <isLoanByFund>N</isLoanByFund>
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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>
        <identifiers>
          <isin value="US92912P1084"/>
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        <balance>1418.00000000</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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          <isLoanByFund>N</isLoanByFund>
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        <name>ICE Futures US Softs</name>
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        <name>Calamos Convertible and High I</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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      <invstOrSec>
        <name>Liberty All-Star Equity Fund</name>
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        <name>Tiffany &amp; Co</name>
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        <name>iShares Core U.S. Aggregate Bo</name>
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        <name>BlackRock Floating Rate Income</name>
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        <name>Utilities Select Sector SPDR F</name>
        <lei>549300ERQDM80PRYUH21</lei>
        <title>Utilities Select Sector SPDR Fund</title>
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        <name>Cellular Biomedicine Group Inc</name>
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        <name>Montreal Exchange</name>
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        <identifiers>
          <ticker value="PTZ0"/>
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        <name>iShares MSCI All Country Asia</name>
        <lei>549300EQSX1KKO1KLL54</lei>
        <title>iShares MSCI All Country Asia ex Japan ETF</title>
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        <name>John Hancock Tax-Advantaged Di</name>
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        <name>Momenta Pharmaceuticals Inc</name>
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        <name>MFS Municipal Income Trust</name>
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        <name>Chicago Board of Trade</name>
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        <name>Eaton Vance Senior Income Trus</name>
        <lei>F34RFVU0FGX8OM0KE928</lei>
        <title>Eaton Vance Senior Income Trust</title>
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        <name>ICE Futures Europe Financials</name>
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        <title>FTSE 100 Index Futures Contracts</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Morgan Stanley Capital Services LLC</name>
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          <other otherDesc="Internal ID" value="MHSwapS1"/>
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        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
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        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Morgan Stanley Capital Services LLC</counterpartyName>
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              <indexBasketInfo>
                <indexName>MS Equity Market Neutral Short Custom Basket</indexName>
                <indexIdentifier>N/A</indexIdentifier>
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                      <cusip value="456237106"/>
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                  <component>
                    <othIndName>Physicians Realty Trust</othIndName>
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                    <othIndName>Digital Realty Trust, Inc.</othIndName>
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                      <cusip value="253868103"/>
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                    <othIndName>Pebblebrook Hotel Trust</othIndName>
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                      <cusip value="70509V100"/>
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                    <othIndName>STORE Capital Corp.</othIndName>
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                      <cusip value="862121100"/>
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                      <cusip value="43300A203"/>
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                    <othIndNotAmt>-857.00000000</othIndNotAmt>
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                    <othIndName>National Retail Properties, Inc.</othIndName>
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                      <cusip value="637417106"/>
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                    <othIndName>Monmouth Real Estate Investment Corp.</othIndName>
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                      <cusip value="609720107"/>
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        <name>Charles Schwab Corp/The</name>
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        <name>Cboe Futures Exchange</name>
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        <name>Advanced Disposal Services Inc</name>
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        <name>Nuveen Ohio Quality Municipal</name>
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        <name>Goldman Sachs International</name>
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          <isin value="US23334J1079"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Western Asset Inflation-Linked</name>
        <lei>549300Z3DNF4FJBJ4A87</lei>
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          <isin value="US95766R1041"/>
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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>Cohen &amp; Steers Quality Income</name>
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          <isin value="US19247L1061"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Invesco California Value Munic</name>
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          <isin value="US46132H1068"/>
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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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      <invstOrSec>
        <name>ICE Futures US Softs</name>
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          <ticker value="SBN1"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>Nuveen California Quality Muni</name>
        <lei>549300ZT6V9X5U9BHR46</lei>
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          <isin value="US67066Y1055"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BARCLAYS CAPITAL INC.</name>
        <lei>AC28XWWI3WIBK2824319</lei>
        <title>Barclays Capital, Inc.</title>
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          <other otherDesc="Internal ID" value="REPO-BARC"/>
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        <assetCat>RA</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
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              <invstCat>UST</invstCat>
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      <invstOrSec>
        <name>ICE Futures Europe Financials</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="G Z0"/>
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        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt="0.77498000"/>
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        <assetCat>DIR</assetCat>
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        <invCountry>GB</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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                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-12-29</expDate>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Lean Hogs Futures Contracts</title>
        <cusip>N/A</cusip>
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          <ticker value="LHZ0"/>
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        <balance>-11.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-17473.88000000</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>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CME LEAN HOG INDEX</indexName>
                <indexIdentifier>IHX</indexIdentifier>
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      </invstOrSec>
      <invstOrSec>
        <name>Invesco Municipal Opportunity</name>
        <lei>WERC5RXCUSU16MOTZ848</lei>
        <title>Invesco Municipal Opportunity Trust</title>
        <cusip>46132C107</cusip>
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          <isin value="US46132C1071"/>
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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>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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        <balance>3638.00000000</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>ICE Futures US Softs</name>
        <lei>N/A</lei>
        <title>Cocoa Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CCZ0"/>
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        <balance>-1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-639.15000000</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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                <issueTitle>Cocoa</issueTitle>
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            <expDate>2020-12-15</expDate>
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      <invstOrSec>
        <name>Nuveen Real Asset Income and G</name>
        <lei>RQLXTE3CBG56EZF1BQ60</lei>
        <title>Nuveen Real Asset Income and Growth Fund</title>
        <cusip>67074Y105</cusip>
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          <isin value="US67074Y1055"/>
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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>Royce Value Trust Inc</name>
        <lei>254900NJE1W1YYKNVM16</lei>
        <title>Royce Value Trust, Inc.</title>
        <cusip>780910105</cusip>
        <identifiers>
          <isin value="US7809101055"/>
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        <balance>699.00000000</balance>
        <units>NS</units>
        <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>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>WTI Crude Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CLX0"/>
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        <balance>-11.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-12876.54000000</valUSD>
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        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <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>850.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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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>
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          <isin value="US27828A1007"/>
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        <balance>834.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9474.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Western Asset High Income Fund</name>
        <lei>549300LH0LPNF7USIA77</lei>
        <title>Western Asset High Income Fund II, Inc.</title>
        <cusip>95766J102</cusip>
        <identifiers>
          <isin value="US95766J1025"/>
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        <balance>1450.00000000</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>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Hard Red Winter Wheat Futures Contracts</title>
        <cusip>N/A</cusip>
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          <ticker value="KWZ0"/>
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        <balance>-19.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-43928.87000000</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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                <issuerName>N/A</issuerName>
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      <invstOrSec>
        <name>BlackRock Muni Intermediate Du</name>
        <lei>W7IEW9KTXVCYG8ZQQV11</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>London Metal Exchange</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Short</payOffProf>
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            <expDate>2020-11-16</expDate>
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      <invstOrSec>
        <name>Commodity Exchange, Inc.</name>
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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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            <expDate>2020-12-29</expDate>
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      <invstOrSec>
        <name>iShares Floating Rate Bond ETF</name>
        <lei>549300G2T0MQ0NCEG317</lei>
        <title>iShares Floating Rate Bond ETF</title>
        <cusip>46429B655</cusip>
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          <isin value="US46429B6552"/>
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        <balance>-4008.00000000</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>Aberdeen Japan Equity Fund Inc</name>
        <lei>549300TENE1BGI09O157</lei>
        <title>Aberdeen Japan Equity Fund, Inc.</title>
        <cusip>00306J109</cusip>
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          <isin value="US00306J1097"/>
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        <balance>2977.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BlackRock MuniYield California</name>
        <lei>IYIUSPF2WPGE9ZQM0H74</lei>
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          <isin value="US09254N1037"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>iShares iBoxx $ Investment Gra</name>
        <lei>549300FYCXFXG8POR355</lei>
        <title>iShares iBoxx $ Investment Grade Corporate Bond ETF</title>
        <cusip>464287242</cusip>
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          <isin value="US4642872422"/>
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        <balance>-117.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-15761.07000000</valUSD>
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        <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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      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Soybean Oil Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="BOZ0"/>
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        <balance>-8.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2280.00000000</valUSD>
        <pctVal>0.004389790294</pctVal>
        <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>Short</payOffProf>
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                <issuerName>N/A</issuerName>
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            <expDate>2020-12-14</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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>682.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Soybean Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="S X0"/>
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        <balance>26.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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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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            <expDate>2020-11-13</expDate>
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      </invstOrSec>
      <invstOrSec>
        <name>Voya Prime Rate Trust</name>
        <lei>549300MGSUUJ7E55N746</lei>
        <title>Voya Prime Rate Trust</title>
        <cusip>92913A100</cusip>
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          <isin value="US92913A1007"/>
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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>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>GS Equity Market Neutral Custom Basket</title>
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        <identifiers>
          <other otherDesc="Internal ID" value="MHSwapGSL1"/>
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        <balance>0.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
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              <counterpartyName>Goldman Sachs International</counterpartyName>
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              <indexBasketInfo>
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        <name>Delaware Investments Dividend</name>
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        <name>Lantheus Holdings, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</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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                <indexName>Hong Kong Hang Seng Index</indexName>
                <indexIdentifier>HSI</indexIdentifier>
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            <curCd>HKD</curCd>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Michigan Quality Munici</name>
        <lei>549300FCV671TX0VBC86</lei>
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          <isin value="US6709791031"/>
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        <balance>683.00000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Invesco Senior Loan ETF</name>
        <lei>549300SIHU6DQELRNG59</lei>
        <title>Invesco Senior Loan ETF</title>
        <cusip>46138G508</cusip>
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          <isin value="US46138G5080"/>
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        <balance>-32621.00000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SPDR Bloomberg Barclays Conver</name>
        <lei>549300IXKU3G7R6DMX93</lei>
        <title>SPDR Bloomberg Barclays Convertible Securities ETF</title>
        <cusip>78464A359</cusip>
        <identifiers>
          <isin value="US78464A3591"/>
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        <balance>-889.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-61243.21000000</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>ICE Futures US Softs</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="KCZ0"/>
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        <balance>-12.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>17968.45000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</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>Short</payOffProf>
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              <otherRefInst>
                <issuerName>N/A</issuerName>
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                  <cusip value="N/A"/>
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            <expDate>2020-12-18</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Invesco Value Municipal Income</name>
        <lei>X075VJ33QQP2G2NTOV20</lei>
        <title>Invesco Value Municipal Income Trust</title>
        <cusip>46132P108</cusip>
        <identifiers>
          <isin value="US46132P1084"/>
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        <balance>648.00000000</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>
      <invstOrSec>
        <name>Montreal Exchange</name>
        <lei>N/A</lei>
        <title>Canadian Government 10 Year Bond Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CNZ0"/>
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        <balance>106.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CAD" exchangeRt="1.33127000"/>
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        <assetCat>DIR</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
            <counterparties>
              <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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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-12-18</expDate>
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            <unrealizedAppr>-7457.41000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Eurex</name>
        <lei>N/A</lei>
        <title>Euro - Bund Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="RXZ0"/>
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        <balance>35.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85260000"/>
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        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>DE</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>2020-12-08</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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="BPZ0"/>
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        <balance>92.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-69319.43000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</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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            <expDate>2020-12-14</expDate>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virtusa Corp</name>
        <lei>C77OMXDER63WLJCSKT03</lei>
        <title>Virtusa Corp.</title>
        <cusip>92827P102</cusip>
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          <isin value="US92827P1021"/>
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        <balance>6128.00000000</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>John Hancock Investors Trust</name>
        <lei>5493007QBXBOZDX6R464</lei>
        <title>John Hancock Investors Trust</title>
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          <isin value="US4101421034"/>
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        <balance>579.00000000</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>Delphi Technologies PLC</name>
        <lei>549300SEU65CJHRH6V04</lei>
        <title>Delphi Technologies plc</title>
        <cusip>N/A</cusip>
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          <isin value="JE00BD85SC56"/>
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        <balance>55678.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>930379.38000000</valUSD>
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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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        <name>BNY Mellon Municipal Income In</name>
        <lei>549300BKYDDROJTY1E24</lei>
        <title>BNY Mellon Municipal Income, Inc.</title>
        <cusip>05589T104</cusip>
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          <isin value="US05589T1043"/>
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        <balance>1140.00000000</balance>
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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>DWS Strategic Municipal Income</name>
        <lei>HW9ZECORLBPA6LHYL567</lei>
        <title>DWS Strategic Municipal Income Trust</title>
        <cusip>23342Q101</cusip>
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          <isin value="US23342Q1013"/>
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        <balance>886.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>E*TRADE Financial Corp</name>
        <lei>549300LYE2HSVYJFJD24</lei>
        <title>E*TRADE Financial Corp.</title>
        <cusip>269246401</cusip>
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        <balance>11943.00000000</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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      <invstOrSec>
        <name>BlackRock MuniYield Investment</name>
        <lei>EIZ2BGDWQ33G5NLLRC32</lei>
        <title>BlackRock MuniYield Investment Fund</title>
        <cusip>09254R104</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>Western Asset Inflation - Link</name>
        <lei>549300BKG7Y2MQAORR48</lei>
        <title>Western Asset Inflation - Linked Securities &amp; Income Fund</title>
        <cusip>95766Q106</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>iShares Russell 2000 ETF</name>
        <lei>549300O80OAR5VTWR172</lei>
        <title>iShares Russell 2000 Index ETF</title>
        <cusip>464287655</cusip>
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          <isin value="US4642876555"/>
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        <balance>-2155.00000000</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>Pioneer Municipal High Income</name>
        <lei>1SKUXW31ZFWF61CETQ82</lei>
        <title>Pioneer Municipal High Income Trust</title>
        <cusip>723763108</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>BlackRock New York Municipal I</name>
        <lei>PJKTUMDJPIZ89SB71052</lei>
        <title>BlackRock New York Municipal Income Trust</title>
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        <balance>698.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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        <name>iShares Latin America 40 ETF</name>
        <lei>549300LU9LZBB8WGN795</lei>
        <title>iShares Latin America 40 ETF</title>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-2632.50000000</valUSD>
        <pctVal>-0.00506847497</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>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-10-30</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>
  <documents>XXXX</documents>
</edgarSubmission>
