Shaker Financial Services 13F-HR/A Quarterly holdings report by institutional manager (amended)

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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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
ABERDEEN GLOBAL INCOME FD IN	COM	003013109	1,961	233,434	SH		SOLE		221,761	0	11,673
ADAMS DIVERSIFIED EQUITY FD	COM	006212104	7,331	533,138	SH		SOLE		497,947	0	35,191
ADVENT CLAY CONV SEC INC FD	COM	007639107	119	19,474	SH		SOLE		13,474	0	6,000
ADVENT CLAYMORE CV SECS & IN	COM	00764C109	166	10,570	SH		SOLE		10,570	0	0
ADVENT CLAYMORE ENH GRW & IN	COM	00765E104	183	21,626	SH		SOLE		21,626	0	0
ALLIANCEBERNSTEIN GBL HGH IN	COM	01879R106	1,777	141,264	SH		SOLE		130,006	0	11,258
ALLIANZGI DIVERS INC & CNV F	COM	01883J108	334	16,439	SH		SOLE		15,444	0	995
ALLIANZGI EQUITY & CONV INCO	COM	018829101	1,302	67,453	SH		SOLE		67,453	0	0
ALPINE TOTAL DYNAMIC DIVID F	COM SH BEN INT N	021060207	1,357	164,255	SH		SOLE		149,912	0	14,343
ARES DYNAMIC CR ALLOCATION F	COM	04014F102	161	10,027	SH		SOLE		8,683	0	1,344
AVENUE INCOME CR STRATEGIES	COM	05358E106	1,028	73,645	SH		SOLE		61,915	0	11,730
BANCROFT FUND LTD	COM	059695106	591	28,083	SH		SOLE		25,264	0	2,819
BLACKROCK CORPOR HI YLD FD I	COM	09255P107	1,025	93,840	SH		SOLE		93,043	0	797
BLACKROCK CR ALLCTN INC TR	COM	092508100	632	48,015	SH		SOLE		43,246	0	4,769
BLACKROCK ENH CAP & INC FD I	COM	09256A109	3,033	211,810	SH		SOLE		206,030	0	5,780
BLACKROCK GLOBAL OPP EQTY TR	COM	092501105	445	35,849	SH		SOLE		24,349	0	11,500
BLACKROCK INTL GRWTH & INC T	COM BENE INTER	092524107	2,217	382,872	SH		SOLE		375,246	0	7,626
BLACKROCK LTD DURATION INC T	COM SHS	09249W101	607	38,984	SH		SOLE		38,984	0	0
BLACKSTONE GSO LNG SHRT CR I	COM SHS BN INT	09257D102	2,706	168,273	SH		SOLE		153,764	0	14,509
BLACKSTONE GSO STRATEGIC CR	COM SHS BEN IN	09257R101	3,889	245,511	SH		SOLE		230,658	0	14,853
BOULDER GROWTH & INCOME FD I	COM	101507101	1,575	169,403	SH		SOLE		155,936	0	13,467
BROOKFIELD GLOBL LISTED INFR	COM SHS	11273Q109	730	55,340	SH		SOLE		55,340	0	0
BROOKFIELD REAL ASSETS INCOM	SHS BEN INT	112830104	827	36,306	SH		SOLE		36,306	0	0
CALAMOS GBL DYN INCOME FUND	COM	12811L107	78	10,000	SH		SOLE		10,000	0	0
CBRE CLARION GLOBAL REAL EST	COM	12504G100	400	53,602	SH		SOLE		42,040	0	11,562
CENTRAL SECS CORP	COM	155123102	7,581	316,342	SH		SOLE		295,464	0	20,878
COHEN & STEERS CLOSED END OP	COM	19248P106	1,686	135,915	SH		SOLE		129,384	0	6,531
COHEN & STEERS GLOBAL INC BL	COM	19248M103	738	80,620	SH		SOLE		76,105	0	4,515
COHEN & STEERS QUALITY RLTY	COM	19247L106	695	56,512	SH		SOLE		48,528	0	7,984
COHEN & STEERS TOTAL RETURN	COM	19247R103	312	25,354	SH		SOLE		25,354	0	0
CREDIT SUISSE ASSET MGMT INC	COM	224916106	317	95,964	SH		SOLE		83,072	0	12,892
CREDIT SUISSE HIGH YLD BND F	SH BEN INT	22544F103	542	202,995	SH		SOLE		201,483	0	1,512
DELAWARE INVTS DIV & INCOME	COM	245915103	1,835	177,765	SH		SOLE		170,690	0	7,075
DEUTSCHE MULTI-MKT INCOME TR	SHS	25160E102	1,642	188,725	SH		SOLE		154,592	0	34,133
DEUTSCHE STRATEGIC INCOME TR	SHS	25160F109	154	12,598	SH		SOLE		9,041	0	3,557
DOUBLELINE INCOME SOLUTIONS	COM	258622109	615	30,653	SH		SOLE		28,922	0	1,731
DREYFUS HIGH YIELD STRATEGIE	SH BEN INT	26200S101	1,944	573,510	SH		SOLE		538,827	0	34,683
DUFF & PHELPS UTIL CORP BD T	COM	26432K108	1,199	130,165	SH		SOLE		118,112	0	12,053
EAGLE GRWTH & INCOME OPPTY F	COM SHS BEN IN	26958j105	1,112	65,605	SH		SOLE		59,685	0	5,920
EATON VANCE ENH EQTY INC FD	COM	278277108	3,117	230,750	SH		SOLE		219,802	0	10,948
EATON VANCE ENHANCED EQ INC	COM	278274105	1,882	143,591	SH		SOLE		130,085	0	13,506
EATON VANCE FLTG RATE INCOM	COM SHS BEN INT	278284104	3,106	184,320	SH		SOLE		175,697	0	8,623
EATON VANCE LTD DUR INCOME F	COM	27828H105	724	52,385	SH		SOLE		49,754	0	2,631
EATON VANCE RISK MNGD DIV EQ	COM	27829G106	1,609	177,209	SH		SOLE		162,538	0	14,671
EATON VANCE SR INCOME TR	SH BEN INT	27826S103	475	70,065	SH		SOLE		62,303	0	7,762
EATON VANCE TAX MNGD GBL DV	COM	27829F108	311	36,500	SH		SOLE		36,500	0	0
EATON VANCE TAX-ADV BD & OPT	COM SH BEN INT	27829M103	575	51,903	SH		SOLE		42,192	0	9,711
EATON VANCE TX ADV GLBL DIV	COM	27828S101	195	12,464	SH		SOLE		12,464	0	0
ELLSWORTH GROWTH & INCOME FD	COM	289074106	439	50,816	SH		SOLE		50,816	0	0
EUROPEAN EQUITY FUND	COM	298768102	2,657	319,330	SH		SOLE		292,485	0	26,845
FIRST TR ABERDEEN GLBL OPP F	COM SHS	337319107	146	12,600	SH		SOLE		12,600	0	0
FIRST TR ENHANCED EQTY INC F	COM	337318109	1,498	103,717	SH		SOLE		103,373	0	344
FIRST TR HIGH INCOME L/S FD	COM	33738E109	551	33,102	SH		SOLE		28,369	0	4,733
FRANKLIN UNVL TR	SH BEN INT	355145103	642	91,827	SH		SOLE		86,464	0	5,363
GABELLI DIVD & INCOME TR	COM	36242H104	388	18,616	SH		SOLE		16,881	0	1,735
GABELLI GLB SML & MD CP VAL	COM	36249W104	137	12,000	SH		SOLE		12,000	0	0
GABELLI MULTIMEDIA TR INC	COM	36239Q109	570	70,584	SH		SOLE		68,338	0	2,246
GENERAL AMERN INVS INC	COM	368802104	4,872	145,400	SH		SOLE		139,102	0	6,298
GUGGENHEIM ENHNCD EQTY INCM	COM	40167B100	3,197	395,664	SH		SOLE		371,267	0	24,397
HANCOCK JOHN PFD INCOME FD I	COM	41021P103	643	34,853	SH		SOLE		32,574	0	2,279
HANCOCK JOHN TAX-ADV DIV INC	COM	41013V100	340	13,798	SH		SOLE		13,798	0	0
HERZFELD CARIBBEAN BASIN FD	COM	42804T106	206	29,128	SH		SOLE		29,128	0	0
INVESCO DYNAMIC CR OPP FD	COM	46132R104	3,224	263,596	SH		SOLE		243,527	0	20,069
INVESCO HIGH INCOME TR II	COM	46131F101	560	38,840	SH		SOLE		34,414	0	4,426
INVESCO SR INCOME TR	COM	46131H107	730	157,644	SH		SOLE		151,360	0	6,284
KKR INCOME OPPORTUNITIES FD	COM	48249T106	832	48,894	SH		SOLE		42,867	0	6,027
LAZARD GLB TTL RET&INCM FD I	COM	52106W103	2,409	160,504	SH		SOLE		144,324	0	16,180
LIBERTY ALL STAR EQUITY FD	SH BEN INT	530158104	4,862	890,494	SH		SOLE		817,067	0	73,427
LIBERTY ALL-STAR GROWTH FD I	COM	529900102	5,682	1,251,533	SH		SOLE		1,205,409	0	46,124
MFS CHARTER INCOME TR	SH BEN INT	552727109	1,140	132,358	SH		SOLE		126,300	0	6,058
MFS INTER INCOME TR	SH BEN INT	55273C107	340	78,980	SH		SOLE		78,980	0	0
MFS SPL VALUE TR	SH BEN INT	55274E102	1,142	196,610	SH		SOLE		183,687	0	12,923
MORGAN STANLEY EMER MKTS DEB	COM	61744H105	414	44,334	SH		SOLE		41,875	0	2,459
NEUBERGER BERMAN HGH YLD FD	COM	64128C106	1,378	115,971	SH		SOLE		91,268	0	24,703
NEW GERMANY FD INC	COM	644465106	3,045	206,189	SH		SOLE		196,927	0	9,262
NUVEEN CORE EQUITY ALPHA FUN	COM	67090X107	7,592	545,042	SH		SOLE		514,555	0	30,487
NUVEEN CR STRATEGIES INCM FD	COM SHS	67073D102	2,208	254,107	SH		SOLE		243,909	0	10,198
NUVEEN DIVERSIFIED DIV INCM	COM	6706EP105	356	30,108	SH		SOLE		24,187	0	5,921
NUVEEN DOW 30 DYN OVERWRITE	SHS	67075F105	1,205	77,027	SH		SOLE		72,594	0	4,433
NUVEEN GLOBAL HIGH INCOME FD	SHS	67075G103	528	32,038	SH		SOLE		30,955	0	1,083
NUVEEN PFD INCOME OPPRTNY FD	COM	67073B106	1,380	140,644	SH		SOLE		132,902	0	7,742
NUVEEN S&P 500 DYN OVERWRITE	COM	6706EW100	723	48,808	SH		SOLE		47,756	0	1,052
NUVEEN TAX ADVANTAGED DIV GR	COM	67073G105	4,644	310,840	SH		SOLE		297,201	0	13,639
NUVEEN TX ADV TOTAL RET STRG	COM	67090H102	3,306	270,135	SH		SOLE		251,693	0	18,442
PIONEER DIV HIGH INCOME TRUS	COM	723653101	3,796	234,628	SH		SOLE		221,783	0	12,845
PIONEER HIGH INCOME TR	COM	72369H106	2,889	292,727	SH		SOLE		286,100	0	6,627
PRUDENTIAL GLB SHT DUR HG YL	COM	74433A109	354	23,743	SH		SOLE		18,428	0	5,315
PRUDENTIAL SHT DURATION HG Y	COM	74442F107	4,323	281,055	SH		SOLE		253,867	0	27,188
RIVERNORTH OPPRTUNITIES FD I	COM	76881y109	987	50,329	SH		SOLE		46,809	0	3,520
ROYCE MICRO-CAP TR INC	COM	780915104	1,917	228,483	SH		SOLE		223,512	0	4,971
ROYCE VALUE TR INC	COM	780910105	1,060	75,701	SH		SOLE		72,612	0	3,089
SOURCE CAP INC	COM	836144105	4,339	115,534	SH		SOLE		109,831	0	5,703
SPECIAL OPPORTUNITIES FD INC	COM	84741T104	1,653	113,167	SH		SOLE		113,167	0	0
SPECIAL OPPORTUNITIES FD INC	PFD CONV SE B	84741T302	929	36,515	SH		SOLE		35,683	0	832
SPROTT FOCUS TR INC	COM	85208J109	167	22,470	SH		SOLE		22,470	0	0
TEMPLETON GLOBAL INCOME FD	COM	880198106	2,131	320,499	SH		SOLE		298,841	0	21,658
THL CR SR LN FD	COM	87244R103	420	23,338	SH		SOLE		21,333	0	2,005
TRI CONTL CORP	COM	895436103	811	35,098	SH		SOLE		33,326	0	1,772
VIRTUS TOTAL RETURN FD	COM	92829A103	1,104	252,711	SH		SOLE		225,704	0	27,007
VOYA GLBL ADV & PREM OPP FD	COM	92912R104	2,811	268,203	SH		SOLE		249,760	0	18,443
VOYA INTL HIGH DIVID EQTY IN	COM	92912Y109	730	104,974	SH		SOLE		93,596	0	11,378
VOYA PRIME RATE TR	SH BEN INT	92913A100	318	58,800	SH		SOLE		58,800	0	0
WELLS FARGO INCOME OPPORTUNI	WF INC OPPTY FD	94987B105	2,652	315,682	SH		SOLE		304,751	0	10,931
WESTERN ASSET GLB HI INCOME	COM	95766B109	2,623	259,701	SH		SOLE		235,313	0	24,388
WESTERN ASSET GLOBAL CP DEFI	COM	95790C107	981	56,326	SH		SOLE		54,957	0	1,369
WESTERN ASSET HGH YLD DFNDFD	COM	95768B107	2,157	140,458	SH		SOLE		130,561	0	9,897
WESTERN ASSET HIGH INCM FD I	COM	95766J102	2,676	370,683	SH		SOLE		337,905	0	32,778
WESTERN ASSET HIGH INCM OPP	COM	95766K109	825	163,685	SH		SOLE		156,432	0	7,253
ZWEIG FD	COM NEW	989834205	2,749	247,221	SH		SOLE		214,413	0	32,808