COLUMN 1 | COLUMN 2 | COLUMN 3 | COLUMN 4 | COLUMN 5 | COLUMN 6 | COLUMN 7 | COLUMN 8 |
| | | VALUE | SHRS OR | SH/ | PUT/ | INVESTMENT | OTHER | VOTING AUTHORITY |
NAME OF ISSUER | TITLE OF CLASS | CUSIP | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
ABRDN AUSTRALIA EQUITY FD IN | COM | 003011103 | 10,723,789 | 2,276,813 | SH | | SOLE | | 2,276,813 | 0 | 0 |
ABRDN EMRG MKTS EQTY INCM FD | COM | 00301W105 | 19,504,414 | 3,461,298 | SH | | SOLE | | 3,461,298 | 0 | 0 |
ABRDN HEALTHCARE OPPORTUNITI | SHS | 879105104 | 340,429 | 15,418 | SH | | SOLE | | 15,418 | 0 | 0 |
ABRDN JAPAN EQUITY FUND INC | COM | 00306J109 | 19,398,200 | 3,103,712 | SH | | SOLE | | 3,103,712 | 0 | 0 |
ABRDN LIFE SCIENCES INVESTOR | SH BEN INT | 87911K100 | 5,270,475 | 349,501 | SH | | SOLE | | 349,501 | 0 | 0 |
ABRDN TOTAL DYNAMIC DIVIDEND | COM SH BEN INT | 00326L100 | 664,864 | 73,062 | SH | | SOLE | | 73,062 | 0 | 0 |
ADAM NAT RES FD INC | COM | 00548F105 | 1,911,888 | 82,338 | SH | | SOLE | | 82,338 | 0 | 0 |
ADAMS DIVERSIFIED EQUITY FD | COM | 006212104 | 12,754,163 | 591,566 | SH | | SOLE | | 591,566 | 0 | 0 |
ALLIANCEBERNSTEIN NATL MUN I | COM | 01864U106 | 782,458 | 66,310 | SH | | SOLE | | 66,310 | 0 | 0 |
ALLSPRING GLOBAL DIVIDEND OP | COM | 94987C103 | 2,524,273 | 503,847 | SH | | SOLE | | 503,847 | 0 | 0 |
ALLSPRING MULTI SECTOR INCOM | COM | 94987D101 | 3,229,418 | 337,100 | SH | | SOLE | | 337,100 | 0 | 0 |
ALLSPRING UTILITIES AND HIGH | WF UTILITIES INC | 94987E109 | 4,238,981 | 379,837 | SH | | SOLE | | 379,837 | 0 | 0 |
BLACKROCK CR ALLOCATION INCO | COM | 092508100 | 377,925 | 33,504 | SH | | SOLE | | 33,504 | 0 | 0 |
BLACKROCK ENHANCD CAP & INM | COM | 09256A109 | 1,213,514 | 61,631 | SH | | SOLE | | 61,631 | 0 | 0 |
BLACKROCK ENHANCED EQUITY DI | COM | 09251A104 | 1,772,385 | 204,900 | SH | | SOLE | | 204,900 | 0 | 0 |
BLACKROCK ENHANCED GLOBAL DI | COM | 092501105 | 19,510,517 | 1,732,728 | SH | | SOLE | | 1,732,728 | 0 | 0 |
BLACKROCK ENHANCED GOVT FD I | COM | 09255K108 | 3,817,470 | 381,747 | SH | | SOLE | | 381,747 | 0 | 0 |
BLACKROCK ENHANCED INTL DIV | COM BENE INTER | 092524107 | 11,853,988 | 2,043,791 | SH | | SOLE | | 2,043,791 | 0 | 0 |
BLACKROCK HEALTH SCIENCES TE | COM SHS | 09260E105 | 16,439,671 | 1,037,858 | SH | | SOLE | | 1,037,858 | 0 | 0 |
BLACKROCK HEALTH SCIENCES TR | COM | 09250W107 | 11,124,616 | 265,314 | SH | | SOLE | | 265,314 | 0 | 0 |
BLACKROCK INNOVATION AND GRW | SHS BEN INT | 09260Q108 | 3,659,825 | 484,745 | SH | | SOLE | | 484,745 | 0 | 0 |
BLACKROCK MUN TARGET TERM TR | COM SHS BEN IN | 09257P105 | 3,399,421 | 157,235 | SH | | SOLE | | 157,235 | 0 | 0 |
BLACKROCK MUNIVEST FD INC | COM | 09253R105 | 2,996,285 | 394,248 | SH | | SOLE | | 394,248 | 0 | 0 |
BLACKROCK SCIENCE & TECHNOLO | SHS BEN INT | 09260K101 | 11,770,022 | 613,022 | SH | | SOLE | | 613,022 | 0 | 0 |
BLACKROCK SCIENCE & TECHNOLO | SHS | 09258G104 | 7,217,781 | 203,662 | SH | | SOLE | | 203,662 | 0 | 0 |
BNY MELLON HIGH YIELD STRATE | SH BEN INT | 09660L105 | 1,039,287 | 386,352 | SH | | SOLE | | 386,352 | 0 | 0 |
BNY MELLON MUN BD INFRASTRUC | COM SHS | 09662W109 | 971,634 | 87,064 | SH | | SOLE | | 87,064 | 0 | 0 |
BNY MELLON MUN INCOME INC | COM | 05589T104 | 2,394,741 | 327,598 | SH | | SOLE | | 327,598 | 0 | 0 |
BNY MELLON STRATEGIC MUN BD | COM | 09662E109 | 1,214,981 | 195,021 | SH | | SOLE | | 195,021 | 0 | 0 |
BNY MELLON STRATEGIC MUNS IN | COM | 05588W108 | 1,543,352 | 237,074 | SH | | SOLE | | 237,074 | 0 | 0 |
BROOKFIELD REAL ASSETS INCOM | SHS BEN INT | 112830104 | 2,238,580 | 163,400 | SH | | SOLE | | 163,400 | 0 | 0 |
CENTRAL SECS CORP | COM | 155123102 | 10,072,973 | 219,742 | SH | | SOLE | | 219,742 | 0 | 0 |
CHINA FD INC | COM | 169373107 | 3,659,756 | 287,265 | SH | | SOLE | | 287,265 | 0 | 0 |
CLOUGH GLOBAL EQUITY FD | COM | 18914C100 | 1,074,417 | 154,833 | SH | | SOLE | | 154,833 | 0 | 0 |
CLOUGH GLOBAL OPPORTUNITIES | SH BEN INT | 18914E106 | 413,966 | 75,957 | SH | | SOLE | | 75,957 | 0 | 0 |
DTF TAX-FREE INCOME 2028 TER | COM | 23334J107 | 3,580,490 | 317,701 | SH | | SOLE | | 317,701 | 0 | 0 |
DWS MUN INCOME TR NEW | COM | 233368109 | 13,333,718 | 1,337,384 | SH | | SOLE | | 1,337,384 | 0 | 0 |
DWS STRATEGIC MUN INCOME TR | COM | 23342Q101 | 2,834,420 | 278,157 | SH | | SOLE | | 278,157 | 0 | 0 |
EATON VANCE CALIF MUN BD FD | COM | 27828A100 | 1,423,510 | 147,514 | SH | | SOLE | | 147,514 | 0 | 0 |
EATON VANCE ENHANCED EQUITY | COM | 278277108 | 3,727,734 | 171,785 | SH | | SOLE | | 171,785 | 0 | 0 |
EATON VANCE MUN INCOME 2028 | SHS | 27829U105 | 1,007,607 | 53,369 | SH | | SOLE | | 53,369 | 0 | 0 |
EATON VANCE NATL MUN OPPORT | COM SHS | 27829L105 | 10,788,758 | 601,045 | SH | | SOLE | | 601,045 | 0 | 0 |
EATON VANCE NEW YORK MUN BD | COM | 27827Y109 | 1,505,474 | 151,152 | SH | | SOLE | | 151,152 | 0 | 0 |
EATON VANCE TAX ADVT DIV INC | COM | 27828G107 | 13,016,815 | 527,210 | SH | | SOLE | | 527,210 | 0 | 0 |
EATON VANCE TAX MNGED BUY WR | COM | 27828X100 | 9,638,417 | 667,943 | SH | | SOLE | | 667,943 | 0 | 0 |
EATON VANCE TAX-ADVANTAGED G | COM | 27828U106 | 6,528,575 | 245,990 | SH | | SOLE | | 245,990 | 0 | 0 |
EATON VANCE TAX-MANAGED GLOB | COM | 27829F108 | 24,412,268 | 2,799,572 | SH | | SOLE | | 2,799,572 | 0 | 0 |
EATON VANCE TAX-MANAGED GLOB | COM | 27829C105 | 5,294,878 | 610,009 | SH | | SOLE | | 610,009 | 0 | 0 |
EATON VANCE TX ADV GLBL DIV | COM | 27828S101 | 12,482,405 | 642,099 | SH | | SOLE | | 642,099 | 0 | 0 |
EUROPEAN EQUITY FD INC | COM | 298768102 | 17,550,862 | 1,871,094 | SH | | SOLE | | 1,871,094 | 0 | 0 |
FEDERATED HERMES PREM MUNI I | COM | 31423P108 | 3,942,071 | 317,397 | SH | | SOLE | | 317,397 | 0 | 0 |
FIRST TR HIGH YIELD OPPRT 20 | COM | 33741Q107 | 1,452,956 | 96,095 | SH | | SOLE | | 96,095 | 0 | 0 |
FIRST TR MTG INCOME FD | COM SHS | 33734E103 | 1,155,562 | 92,519 | SH | | SOLE | | 92,519 | 0 | 0 |
FIRST TR SR FLTG RATE INCOME | COM | 33733U108 | 3,122,639 | 301,413 | SH | | SOLE | | 301,413 | 0 | 0 |
FLAHERTY & CRUMRINE PFD SECS | COM | 338478100 | 1,328,652 | 80,966 | SH | | SOLE | | 80,966 | 0 | 0 |
FRANKLIN LTD DURATION INCOME | COM | 35472T101 | 1,838,032 | 275,567 | SH | | SOLE | | 275,567 | 0 | 0 |
GABELLI DIVID & INCOME TR | COM | 36242H104 | 11,475,387 | 469,341 | SH | | SOLE | | 469,341 | 0 | 0 |
GAMCO NAT RES GOLD & INCOME | SH BEN INT | 36465E101 | 2,061,638 | 351,216 | SH | | SOLE | | 351,216 | 0 | 0 |
GENERAL AMERN INVS CO INC | COM | 368802104 | 30,042,508 | 560,390 | SH | | SOLE | | 560,390 | 0 | 0 |
HANCOCK JOHN INCOME SECS TR | COM | 410123103 | 8,991,972 | 773,503 | SH | | SOLE | | 773,503 | 0 | 0 |
HANCOCK JOHN INVT TR II | COM | 410142103 | 5,376,136 | 382,371 | SH | | SOLE | | 382,371 | 0 | 0 |
HANCOCK JOHN TAX-ADVANTAGED | COM | 41013V100 | 927,151 | 39,929 | SH | | SOLE | | 39,929 | 0 | 0 |
INSIGHT SELECT INCOME FD | COM | 45781W109 | 9,611,872 | 544,582 | SH | | SOLE | | 544,582 | 0 | 0 |
INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 | 15,137,705 | 720,500 | SH | | SOLE | | 720,500 | 0 | 0 |
ISHARES INC | MSCI EURZONE ETF | 464286608 | 33,058,508 | 632,941 | SH | | SOLE | | 632,941 | 0 | 0 |
ISHARES INC | MSCI SWITZERLAND | 464286749 | 44,779,637 | 859,494 | SH | | SOLE | | 859,494 | 0 | 0 |
ISHARES INC | MSCI JPN ETF NEW | 46434G822 | 107,031,423 | 1,496,106 | SH | | SOLE | | 1,496,106 | 0 | 0 |
ISHARES TR | US TREAS BD ETF | 46429B267 | 21,193,922 | 903,792 | SH | | SOLE | | 903,792 | 0 | 0 |
ISHARES TR | 7-10 YR TRSY BD | 464287440 | 24,603,198 | 250,746 | SH | | SOLE | | 250,746 | 0 | 0 |
ISHARES TR | BROAD USD HIGH | 46435U853 | 414,150 | 11,000 | SH | | SOLE | | 11,000 | 0 | 0 |
J P MORGAN EXCHANGE TRADED F | BETABULDRS JAPAN | 46641Q217 | 43,040,244 | 726,050 | SH | | SOLE | | 726,050 | 0 | 0 |
JAPAN SMALLER CAPITALIZATION | COM | 47109U104 | 42,674,267 | 5,160,129 | SH | | SOLE | | 5,160,129 | 0 | 0 |
JOHN HANCOCK HEDGED EQUITY & | COM | 47804L102 | 798,693 | 72,807 | SH | | SOLE | | 72,807 | 0 | 0 |
KOREA FD INC | COM NEW | 500634209 | 7,645,433 | 336,063 | SH | | SOLE | | 336,063 | 0 | 0 |
LAZARD GLOBAL TOTAL RETURN & | COM | 52106W103 | 846,050 | 46,640 | SH | | SOLE | | 46,640 | 0 | 0 |
LIBERTY ALL-STAR GROWTH FD I | COM | 529900102 | 2,269,206 | 404,493 | SH | | SOLE | | 404,493 | 0 | 0 |
MEXICO FD INC | COM | 592835102 | 3,030,691 | 200,841 | SH | | SOLE | | 200,841 | 0 | 0 |
MFS GOVT MKTS INCOME TR | SH BEN INT | 552939100 | 7,777,246 | 2,349,621 | SH | | SOLE | | 2,349,621 | 0 | 0 |
MFS INTER INCOME TR | SH BEN INT | 55273C107 | 15,099,245 | 5,551,193 | SH | | SOLE | | 5,551,193 | 0 | 0 |
MFS MULTIMARKET INCOME TR | SH BEN INT | 552737108 | 965,365 | 198,227 | SH | | SOLE | | 198,227 | 0 | 0 |
MILLER HOWARD HIGH INC EQTY | COM SHS BEN IN | 600379101 | 5,236,629 | 429,584 | SH | | SOLE | | 429,584 | 0 | 0 |
MORGAN STANLEY CHINA A SH FD | COM | 617468103 | 13,197,804 | 974,727 | SH | | SOLE | | 974,727 | 0 | 0 |
MORGAN STANLEY INDIA INVT FD | COM | 61745C105 | 3,334,368 | 110,850 | SH | | SOLE | | 110,850 | 0 | 0 |
NEUBERGER BERMAN MUN FD INC | COM | 64124P101 | 8,715,995 | 784,518 | SH | | SOLE | | 784,518 | 0 | 0 |
NEUBERGER BERMAN NEXT GENERA | COMMON STOCK | 64133Q108 | 3,549,946 | 276,691 | SH | | SOLE | | 276,691 | 0 | 0 |
NEW AMER HIGH INCOME FD INC | COM NEW | 641876800 | 1,053,737 | 126,499 | SH | | SOLE | | 126,499 | 0 | 0 |
NEW GERMANY FD INC | COM | 644465106 | 15,145,816 | 1,696,060 | SH | | SOLE | | 1,696,060 | 0 | 0 |
NUVEEN AMT-FREE MUN VALUE FD | COM | 670695105 | 13,935,188 | 979,971 | SH | | SOLE | | 979,971 | 0 | 0 |
NUVEEN CALIFORNIA MUNI VLU F | COM STK | 67062C107 | 2,779,648 | 304,786 | SH | | SOLE | | 304,786 | 0 | 0 |
NUVEEN CORE PLUS IMPACT FUND | COM BEN INT | 67080D103 | 1,246,513 | 105,191 | SH | | SOLE | | 105,191 | 0 | 0 |
NUVEEN DOW 30 DYNMC OVERWRT | SHS | 67075F105 | 6,095,361 | 410,462 | SH | | SOLE | | 410,462 | 0 | 0 |
NUVEEN FLOATING RATE INCOME | COM | 67072T108 | 771,724 | 87,497 | SH | | SOLE | | 87,497 | 0 | 0 |
NUVEEN MORTGAGE AND INCOME F | COM | 670735109 | 1,251,305 | 67,895 | SH | | SOLE | | 67,895 | 0 | 0 |
NUVEEN MULTI-MKT INCOME FD | COM | 67075J107 | 3,282,282 | 516,082 | SH | | SOLE | | 516,082 | 0 | 0 |
NUVEEN MUN INCOME FD INC | COM | 67062J102 | 2,414,228 | 240,461 | SH | | SOLE | | 240,461 | 0 | 0 |
NUVEEN MUN VALUE FD INC | COM | 670928100 | 19,197,446 | 2,128,320 | SH | | SOLE | | 2,128,320 | 0 | 0 |
NUVEEN N Y MUN VALUE FD | COM | 67062M105 | 5,713,828 | 663,627 | SH | | SOLE | | 663,627 | 0 | 0 |
NUVEEN N Y SELECT TAX FREE I | SH BEN INT | 67063V104 | 2,686,248 | 220,727 | SH | | SOLE | | 220,727 | 0 | 0 |
NUVEEN NASDAQ 100 DYNAMIC OV | COM SHS | 670699107 | 11,878,118 | 472,855 | SH | | SOLE | | 472,855 | 0 | 0 |
NUVEEN S&P 500 DYNAMIC OVERW | COM | 6706EW100 | 4,595,740 | 273,882 | SH | | SOLE | | 273,882 | 0 | 0 |
NUVEEN SELECT MAT MUN FD | SH BEN INT | 67061T101 | 7,330,151 | 791,593 | SH | | SOLE | | 791,593 | 0 | 0 |
NUVEEN TAXABLE MUNICPAL INM | COM | 67074C103 | 429,568 | 25,862 | SH | | SOLE | | 25,862 | 0 | 0 |
NYLI MACKAY DEFINEDTERM MUNI | COM | 56064K100 | 719,248 | 42,660 | SH | | SOLE | | 42,660 | 0 | 0 |
PGIM SHORT DUR HIG YLD OPP F | COM | 69355J104 | 15,223,961 | 910,524 | SH | | SOLE | | 910,524 | 0 | 0 |
PIMCO DYNAMIC INCOME STRATEG | COM SHS BEN INT | 69346N107 | 304,830 | 12,922 | SH | | SOLE | | 12,922 | 0 | 0 |
PUTNAM MASTER INTER INCOME T | SH BEN INT | 746909100 | 1,964,559 | 579,516 | SH | | SOLE | | 579,516 | 0 | 0 |
PUTNAM MUN OPPORTUNITIES TR | SH BEN INT | 746922103 | 2,565,653 | 235,381 | SH | | SOLE | | 235,381 | 0 | 0 |
PUTNAM PREMIER INCOME TR | SH BEN INT | 746853100 | 3,771,008 | 1,010,994 | SH | | SOLE | | 1,010,994 | 0 | 0 |
RIVERNORTH DOUBLELINE STRATE | COM | 76882G107 | 1,039,541 | 114,550 | SH | | SOLE | | 114,550 | 0 | 0 |
ROYCE MICRO-CAP TR INC | COM | 780915104 | 1,597,999 | 166,285 | SH | | SOLE | | 166,285 | 0 | 0 |
ROYCE SMALL CAP TRUST INC | COM | 780910105 | 964,074 | 61,406 | SH | | SOLE | | 61,406 | 0 | 0 |
SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 9,926,048 | 17,300 | SH | | SOLE | | 17,300 | 0 | 0 |
SPROTT FOCUS TR INC | COM | 85208J109 | 1,982,619 | 257,483 | SH | | SOLE | | 257,483 | 0 | 0 |
SRH TOTAL RETURN FUND INC | COM | 101507101 | 12,446,703 | 787,766 | SH | | SOLE | | 787,766 | 0 | 0 |
SWISS HELVETIA FD INC | COM | 870875101 | 3,645,908 | 407,364 | SH | | SOLE | | 407,364 | 0 | 0 |
TAIWAN FD INC | COM | 874036106 | 14,149,370 | 322,089 | SH | | SOLE | | 322,089 | 0 | 0 |
TCW STRATEGIC INCOME FD INC | COM | 872340104 | 9,440,616 | 1,840,276 | SH | | SOLE | | 1,840,276 | 0 | 0 |
TEMPLETON DRAGON FD INC | COM | 88018T101 | 829,859 | 90,596 | SH | | SOLE | | 90,596 | 0 | 0 |
TEMPLETON EMERGING MKTS FD | COM | 880191101 | 14,095,045 | 1,040,993 | SH | | SOLE | | 1,040,993 | 0 | 0 |
THORNBURG INCM BUILDER OPP T | COM | 885213108 | 843,492 | 47,334 | SH | | SOLE | | 47,334 | 0 | 0 |
TORTOISE ENERGY INDEPENDENC | COM | 89148K200 | 2,362,450 | 62,741 | SH | | SOLE | | 62,741 | 0 | 0 |
VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 | 10,836,111 | 229,530 | SH | | SOLE | | 229,530 | 0 | 0 |
VIRTUS DIVIDEND INTEREST & P | COM | 92840R101 | 8,642,547 | 662,772 | SH | | SOLE | | 662,772 | 0 | 0 |
VIRTUS GLOBAL MULTI-SECTOR I | COM | 92829B101 | 2,247,026 | 277,582 | SH | | SOLE | | 277,582 | 0 | 0 |
VOYA EMERGING MKTS HIGH DIVI | COM | 92912P108 | 7,824,624 | 1,371,538 | SH | | SOLE | | 1,371,538 | 0 | 0 |
VOYA GLBL ADV & PREM OPP FD | COM | 92912R104 | 95,000 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |
VOYA GLBL EQTY DIV & PREM OP | COM | 92912T100 | 88,847 | 15,753 | SH | | SOLE | | 15,753 | 0 | 0 |
WESTERN ASSET HIGH INCOME OP | COM | 95766K109 | 1,959,973 | 483,944 | SH | | SOLE | | 483,944 | 0 | 0 |
WESTERN ASSET HIGH YIELD DEF | COM | 95768B107 | 1,158,570 | 93,584 | SH | | SOLE | | 93,584 | 0 | 0 |
WESTERN ASSET INTER MUNI FD | COM | 958435109 | 5,150,887 | 628,157 | SH | | SOLE | | 628,157 | 0 | 0 |
WESTERN ASSET INVESTMENT GRA | COM | 95766T100 | 6,356,852 | 494,312 | SH | | SOLE | | 494,312 | 0 | 0 |
WESTERN ASSET INVT GRADE DEF | COM | 95790A101 | 10,275,390 | 570,855 | SH | | SOLE | | 570,855 | 0 | 0 |
WESTERN ASSET MANAGED MUNS F | COM | 95766M105 | 10,480,036 | 966,793 | SH | | SOLE | | 966,793 | 0 | 0 |
WESTERN ASSET MUN HIGH INCOM | COM | 95766N103 | 3,273,368 | 452,748 | SH | | SOLE | | 452,748 | 0 | 0 |
WESTERN ASSET PREMIER BD FD | SHS BEN INT | 957664105 | 3,844,393 | 340,815 | SH | | SOLE | | 340,815 | 0 | 0 |
WESTERN AST INFL LKD OPP & I | COM | 95766R104 | 9,374,466 | 1,060,460 | SH | | SOLE | | 1,060,460 | 0 | 0 |