Shaker Financial Services 13F-HR Quarterly holdings report by institutional manager

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

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

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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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
ABRDN ASIA PACIFIC INCOME FU	COM NEW	003009867	516,293	29,672	SH		SOLE		29,672	0	0
ABRDN AUSTRALIA EQUITY FD IN	COM	003011103	301,417	63,995	SH		SOLE		63,995	0	0
ABRDN EMRG MKTS EQTY INCM FD	COM	00301W105	393,205	69,779	SH		SOLE		69,779	0	0
ABRDN GLOBAL DYNAMIC DIVIDEN	COM	00302M106	874,706	82,364	SH		SOLE		82,364	0	0
ABRDN INCOME CREDIT STRATEGI	COM	003057106	2,940,267	444,149	SH		SOLE		442,111	0	2,038
ABRDN JAPAN EQUITY FUND INC	COM	00306J109	536,244	85,799	SH		SOLE		85,799	0	0
ABRDN TOTAL DYNAMIC DIVIDEND	COM SH BEN INT	00326L100	478,133	52,542	SH		SOLE		52,542	0	0
ADAMS DIVERSIFIED EQUITY FD	COM	006212104	4,445,716	206,202	SH		SOLE		204,970	0	1,232
ADOBE INC	COM	00724F101	207,112	400	SH		SOLE		400	0	0
ADVENT CONV & INCOME FD	COM	00764C109	488,338	41,596	SH		SOLE		41,012	0	584
ALLSPRING GLOBAL DIVIDEND OP	COM	94987C103	1,761,676	342,780	SH		SOLE		342,780	0	0
ALLSPRING INCOME OPPORTUNIT	INC OPPTY FD	94987B105	4,468,908	622,241	SH		SOLE		616,735	0	5,506
ALLSPRING MULTI SECTOR INCOM	COM	94987D101	4,464,550	462,891	SH		SOLE		459,146	0	3,745
ANGEL OAK FINL STRATEGIES IN	COM BEN INT	03464A100	1,306,176	98,803	SH		SOLE		98,399	0	404
BANCROFT FD LTD	COM	059695106	1,408,496	83,989	SH		SOLE		83,989	0	0
BARINGS GLOBAL SHORT DURATIO	COM	06760L100	1,082,963	70,940	SH		SOLE		70,940	0	0
BLACKROCK ENHANCD CAP & INM	COM	09256A109	6,685,760	339,551	SH		SOLE		336,938	0	2,613
BLACKROCK ENHANCED EQUITY DI	COM	09251A104	1,913,320	221,193	SH		SOLE		220,231	0	962
BLACKROCK ENHANCED GLOBAL DI	COM	092501105	408,457	36,275	SH		SOLE		36,275	0	0
BLACKROCK ENHANCED INTL DIV	COM BENE INTER	092524107	905,282	156,083	SH		SOLE		155,459	0	624
BLACKROCK ESG CAP ALLC TERM	SHS BEN INT	09262F100	275,183	15,512	SH		SOLE		15,512	0	0
BLACKROCK INNOVATION AND GRW	SHS BEN INT	09260Q108	76,656	10,153	SH		SOLE		10,153	0	0
BLACKROCK MULTI SECTOR INC T	COM	09258A107	681,584	44,841	SH		SOLE		44,822	0	19
BLACKROCK MUN TARGET TERM TR	COM SHS BEN IN	09257P105	383,474	17,699	SH		SOLE		17,699	0	0
BLACKROCK SCIENCE & TECHNOLO	SHS	09258G104	1,659,408	46,823	SH		SOLE		46,823	0	0
BLACKSTONE LONG SHORT CR INC	COM SHS BN INT	09257D102	192,925	15,084	SH		SOLE		15,084	0	0
BLACKSTONE SENI FLTN RAT 202	COM	09256U105	306,080	21,677	SH		SOLE		21,677	0	0
BLACKSTONE STRATEGIC CRED 20	COM SHS BEN IN	09257R101	1,095,680	88,935	SH		SOLE		88,886	0	49
BRANDYWINEGBL GBL INCM OPP F	COM	10537L104	2,321,707	260,281	SH		SOLE		258,674	0	1,607
BROOKFIELD REAL ASSETS INCOM	SHS BEN INT	112830104	865,703	63,190	SH		SOLE		63,006	0	184
CALAMOS GBL DYN INCOME FUND	COM	12811L107	6,065,770	845,993	SH		SOLE		832,699	0	13,294
CALAMOS LNG SHR EQT DYNAMIC	COM	12812C106	332,398	21,188	SH		SOLE		21,188	0	0
CALAMOS STRATEGIC TOTAL RETU	COM SH BEN INT	128125101	5,842,474	336,742	SH		SOLE		330,787	0	5,955
CENTRAL SECS CORP	COM	155123102	6,387,922	139,353	SH		SOLE		138,392	0	961
CHINA FD INC	COM	169373107	801,245	62,892	SH		SOLE		62,892	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	250,647	4,350	SH		SOLE		4,350	0	0
CLOUGH GLOBAL EQUITY FD	COM	18914C100	326,073	46,990	SH		SOLE		44,779	0	2,211
CLOUGH GLOBAL OPPORTUNITIES	SH BEN INT	18914E106	1,244,230	228,299	SH		SOLE		225,276	0	3,023
COHEN & STEERS LTD DURATION	COM	19248C105	1,394,664	64,122	SH		SOLE		64,042	0	80
COHEN & STEERS SELECT PFD &	COM	19248Y107	1,752,785	81,753	SH		SOLE		80,528	0	1,225
COHEN & STEERS TAX ADVAN PFD	COM	19249X108	406,746	19,332	SH		SOLE		19,332	0	0
COLUMBIA SELIGM PREM TECH GR	COM	19842X109	2,251,600	67,232	SH		SOLE		66,923	0	309
DOUBLELINE INCOME SOLUTIONS	COM	258622109	513,334	39,548	SH		SOLE		39,398	0	150
DOUBLELINE OPPORTUNISTIC CR	COM	258623107	2,159,668	136,515	SH		SOLE		134,321	0	2,194
EATON VANCE ENHANCED EQUITY	COM	278277108	1,303,953	60,090	SH		SOLE		60,025	0	65
EATON VANCE ENHANCED EQUITY	COM	278274105	632,127	31,247	SH		SOLE		31,247	0	0
EATON VANCE FLTING RATE INC	COM	278279104	705,206	54,752	SH		SOLE		53,534	0	1,218
EATON VANCE LTD DURATION INC	COM	27828H105	948,549	90,252	SH		SOLE		90,168	0	84
EATON VANCE RISK-MANAGED DIV	COM	27829G106	659,483	71,605	SH		SOLE		67,484	0	4,121
EATON VANCE SHORT DURATION D	COM	27828V104	441,309	39,473	SH		SOLE		39,473	0	0
EATON VANCE TAX ADVT DIV INC	COM	27828G107	5,102,090	206,646	SH		SOLE		204,927	0	1,719
EATON VANCE TAX MNGED BUY WR	COM	27828X100	4,703,401	325,946	SH		SOLE		323,014	0	2,932
EATON VANCE TAX-ADVANTAGED G	COM	27828U106	576,954	21,739	SH		SOLE		21,739	0	0
EATON VANCE TAX-MANAGED BUY-	COM	27828Y108	4,157,968	301,302	SH		SOLE		299,956	0	1,346
EATON VANCE TAX-MANAGED DIVE	COM	27828N102	3,084,118	210,520	SH		SOLE		210,520	0	0
EATON VANCE TAX-MANAGED GLOB	COM	27829F108	3,109,457	356,589	SH		SOLE		356,346	0	243
EATON VANCE TAX-MANAGED GLOB	COM	27829C105	470,960	54,258	SH		SOLE		51,425	0	2,833
EATON VANCE TX ADV GLBL DIV	COM	27828S101	3,848,401	197,963	SH		SOLE		195,612	0	2,351
ELLSWORTH GROWTH & INCOME FD	COM	289074106	1,000,273	111,265	SH		SOLE		111,033	0	232
EUROPEAN EQUITY FD INC	COM	298768102	3,557,872	379,304	SH		SOLE		379,028	0	276
FIRST TR ENHANCED EQUITY INC	COM	337318109	2,399,815	117,985	SH		SOLE		117,461	0	524
FIRST TR HIGH YIELD OPPRT 20	COM	33741Q107	219,240	14,500	SH		SOLE		14,224	0	276
FIRST TR INTER DURATN PFD &	COM	33718W103	2,278,019	116,642	SH		SOLE		116,642	0	0
FIRST TR SPECIALTY FIN & FIN	COM BEN INTR	33733G109	169,060	41,538	SH		SOLE		41,538	0	0
FIRST TR SR FLTG RATE INCOME	COM	33733U108	593,628	57,300	SH		SOLE		57,239	0	61
FLAHERTY & CRUMRINE DYNAMIC	SHS	33848W106	952,773	44,315	SH		SOLE		44,315	0	0
FRANKLIN LTD DURATION INCOME	COM	35472T101	2,633,743	394,864	SH		SOLE		390,247	0	4,617
FRANKLIN UNVL TR	SH BEN INT	355145103	303,504	40,146	SH		SOLE		40,146	0	0
GABELLI CONV & INC SECS FD I	COM	36240B109	51,781	14,109	SH		SOLE		14,109	0	0
GABELLI DIVID & INCOME TR	COM	36242H104	1,434,042	58,652	SH		SOLE		58,545	0	107
GABELLI EQUITY TR INC	COM	362397101	3,583,065	652,653	SH		SOLE		652,640	0	13
GABELLI GLOBAL SMALL & MID C	COM	36249W104	771,692	62,183	SH		SOLE		62,025	0	158
HANCOCK JOHN FINL OPPTYS FD	SH BEN INT NEW	409735206	1,978,127	59,654	SH		SOLE		59,654	0	0
HANCOCK JOHN INCOME SECS TR	COM	410123103	666,462	57,330	SH		SOLE		57,330	0	0
HANCOCK JOHN INVT TR II	COM	410142103	1,946,889	138,470	SH		SOLE		138,224	0	246
HANCOCK JOHN PREM DIVID FD	COM SH BEN INT	41013T105	2,200,919	166,484	SH		SOLE		165,526	0	958
HIGHLAND GLOBAL ALLOCATION F	COM	43010T104	5,168,327	657,548	SH		SOLE		657,548	0	0
INDIA FD INC	COM	454089103	313,830	16,500	SH		SOLE		16,500	0	0
INSIGHT SELECT INCOME FD	COM	45781W109	972,357	55,091	SH		SOLE		54,813	0	278
INVESCO HIGH INCOME TR II	COM	46131F101	1,004,462	87,155	SH		SOLE		86,352	0	803
INVESCO QQQ TR	UNIT SER 1	46090E103	288,858	591	SH		SOLE		558	0	33
JAPAN SMALLER CAPITALIZATION	COM	47109U104	625,485	75,633	SH		SOLE		75,633	0	0
JOHN HANCOCK HEDGED EQUITY &	COM	47804L102	1,959,319	178,607	SH		SOLE		175,240	0	3,367
KOREA FD INC	COM NEW	500634209	242,788	10,672	SH		SOLE		10,672	0	0
LIBERTY ALL STAR EQUITY FD	SH BEN INT	530158104	3,621,668	510,094	SH		SOLE		507,013	0	3,081
LIBERTY ALL-STAR GROWTH FD I	COM	529900102	7,045,830	1,255,941	SH		SOLE		1,252,344	0	3,597
MEXICO EQUITY & INCOME FD	COM	592834105	713,041	77,758	SH		SOLE		77,758	0	0
MEXICO FD INC	COM	592835102	365,420	24,216	SH		SOLE		24,216	0	0
MFS CHARTER INCOME TR	SH BEN INT	552727109	2,945,312	448,297	SH		SOLE		446,747	0	1,550
MFS GOVT MKTS INCOME TR	SH BEN INT	552939100	413,138	124,815	SH		SOLE		123,728	0	1,087
MFS INTER INCOME TR	SH BEN INT	55273C107	478,987	176,098	SH		SOLE		170,437	0	5,661
MFS MULTIMARKET INCOME TR	SH BEN INT	552737108	1,393,288	286,096	SH		SOLE		283,396	0	2,700
MORGAN STANLEY CHINA A SH FD	COM	617468103	420,931	31,088	SH		SOLE		31,088	0	0
MORGAN STANLEY EMERGING MKTS	COM	617477104	1,197,216	231,346	SH		SOLE		224,363	0	6,983
NEUBERGER BERMAN NEXT GENERA	COMMON STOCK	64133Q108	326,293	25,432	SH		SOLE		22,982	0	2,450
NEW GERMANY FD INC	COM	644465106	2,412,708	270,180	SH		SOLE		270,180	0	0
NUVEEN CORE EQUITY ALPHA FD	COM	67090X107	344,181	22,393	SH		SOLE		22,389	0	4
NUVEEN CORE PLUS IMPACT FUND	COM BEN INT	67080D103	1,186,883	99,133	SH		SOLE		98,229	0	904
NUVEEN CR STRATEGIES INCOME	COM SHS	67073D102	401,247	69,300	SH		SOLE		69,134	0	166
NUVEEN DOW 30 DYNMC OVERWRT	SHS	67075F105	3,212,995	212,033	SH		SOLE		211,067	0	966
NUVEEN FLOATING RATE INCOME	COM	67072T108	1,562,228	177,054	SH		SOLE		176,114	0	940
NUVEEN GLOBAL HIGH INCOME FD	SHS	67075G103	1,132,277	83,975	SH		SOLE		83,975	0	0
NUVEEN MULTI ASSET INCOME FU	COM	670750108	1,012,269	76,571	SH		SOLE		76,571	0	0
NUVEEN MULTI-MKT INCOME FD	COM	67075J107	68,871	10,782	SH		SOLE		10,782	0	0
NUVEEN NASDAQ 100 DYNAMIC OV	COM SHS	670699107	7,241,238	284,148	SH		SOLE		281,633	0	2,515
NUVEEN PFD & INCOME OPPORTUN	COM	67073B106	464,180	57,000	SH		SOLE		57,000	0	0
NUVEEN REAL ASSET INCOME & G	COM	67074Y105	665,302	48,198	SH		SOLE		46,912	0	1,286
NUVEEN S&P 500 BUY-WRITE INC	COM	6706ER101	4,488,243	321,732	SH		SOLE		321,533	0	199
NUVEEN S&P 500 DYNAMIC OVERW	COM	6706EW100	4,053,845	237,733	SH		SOLE		236,809	0	924
PGIM GLOBAL HIGH YIELD FD FO	COM	69346J106	2,299,365	179,919	SH		SOLE		179,553	0	366
PGIM HIGH YIELD BOND FUND IN	COM	69346H100	2,503,739	179,608	SH		SOLE		177,506	0	2,102
PGIM SHORT DUR HIG YLD OPP F	COM	69355J104	3,955,869	236,595	SH		SOLE		236,595	0	0
PIMCO GLOBAL STOCKSPLS INCM	COM	722011103	1,390,711	164,393	SH		SOLE		161,336	0	3,057
PIMCO INCOME STRATEGY FD	COM	72201H108	199,692	23,082	SH		SOLE		23,082	0	0
PIMCO INCOME STRATEGY FD II	COM	72201J104	98,793	12,825	SH		SOLE		12,825	0	0
PIONEER DIVERSIFIED HIGH INC	COM	723653101	1,315,977	106,990	SH		SOLE		106,990	0	0
PIONEER FLOATING RATE FUND I	COM	72369J102	938,402	94,788	SH		SOLE		93,165	0	1,623
PIONEER HIGH INCOME FUND INC	COM	72369H106	1,151,424	143,928	SH		SOLE		143,928	0	0
PRINCIPAL REAL ESTATE INCOME	SHS BEN INT	74255X104	325,950	29,173	SH		SOLE		29,173	0	0
PUTNAM MASTER INTER INCOME T	SH BEN INT	746909100	461,413	135,196	SH		SOLE		135,196	0	0
PUTNAM PREMIER INCOME TR	SH BEN INT	746853100	984,666	262,306	SH		SOLE		258,139	0	4,167
RIVERNORTH DOUBLELINE STRATE	COM	76882G107	1,036,801	114,248	SH		SOLE		112,092	0	2,156
ROYCE GLOBAL TRUST INC	COM	78081T104	600,474	51,765	SH		SOLE		51,765	0	0
ROYCE MICRO-CAP TR INC	COM	780915104	5,951,185	619,270	SH		SOLE		613,576	0	5,694
ROYCE SMALL CAP TRUST INC	COM	780910105	1,892,965	120,571	SH		SOLE		119,483	0	1,088
SABA CAPITAL INCOME & OPPORT	COM NEW	880198205	1,303,843	153,213	SH		SOLE		149,867	0	3,346
SABA CAPITAL INCOME & OPRNT	SHS NEW	78518H202	710,857	93,657	SH		SOLE		93,657	0	0
SOURCE CAP INC	COM	836144105	2,675,998	60,101	SH		SOLE		60,006	0	95
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,054,358	1,829	SH		SOLE		1,829	0	0
SPECIAL OPPORTUNITIES FD INC	COM	84741T104	885,177	63,636	SH		SOLE		62,882	0	754
SPROTT FOCUS TR INC	COM	85208J109	7,504,444	974,603	SH		SOLE		967,071	0	7,532
SRH TOTAL RETURN FUND INC	COM	101507101	10,352,303	655,209	SH		SOLE		654,049	0	1,160
SWISS HELVETIA FD INC	COM	870875101	2,933,892	327,809	SH		SOLE		324,871	0	2,938
TAIWAN FD INC	COM	874036106	1,360,996	30,981	SH		SOLE		30,603	0	378
TEMPLETON DRAGON FD INC	COM	88018T101	865,574	94,495	SH		SOLE		92,146	0	2,349
TEMPLETON EMERGING MKTS FD	COM	880191101	616,247	45,513	SH		SOLE		45,513	0	0
TEMPLETON EMERGING MKTS INCO	COM	880192109	822,614	141,100	SH		SOLE		141,100	0	0
TRI CONTL CORP	COM	895436103	5,321,324	161,057	SH		SOLE		159,100	0	1,957
VIRTUS ARTIFICIAL INTELLIGEN	COM	92838Y100	797,446	36,297	SH		SOLE		35,034	0	1,263
VIRTUS CONVERTIBLE & INC FD	COM	92838U108	592,885	190,638	SH		SOLE		190,638	0	0
VIRTUS CONVERTIBLE & INCOME	COM	92838X102	115,045	32,870	SH		SOLE		29,299	0	3,571
VIRTUS DIVERSIFIED INCM & CO	COM	92840N100	1,091,800	50,876	SH		SOLE		50,876	0	0
VIRTUS DIVIDEND INTEREST & P	COM	92840R101	388,449	29,789	SH		SOLE		29,781	0	8
VIRTUS EQUITY & CONV INCM FD	COM	92841M101	400,950	17,425	SH		SOLE		17,425	0	0
VIRTUS GLOBAL MULTI-SECTOR I	COM	92829B101	2,811,144	347,269	SH		SOLE		347,269	0	0
VIRTUS TOTAL RETURN FD INC	COM	92835W107	1,127,638	181,877	SH		SOLE		179,338	0	2,539
VOYA ASIA PAC HIGH DIV EQT I	COM	92912J102	1,167,745	170,474	SH		SOLE		170,474	0	0
VOYA EMERGING MKTS HIGH DIVI	COM	92912P108	349,101	61,192	SH		SOLE		61,192	0	0
VOYA GLBL ADV & PREM OPP FD	COM	92912R104	507,633	53,435	SH		SOLE		53,435	0	0
VOYA GLBL EQTY DIV & PREM OP	COM	92912T100	335,913	59,559	SH		SOLE		59,559	0	0
WESTERN ASSET DIVERSIFIED IN	COM SHS BEN INT	95790K109	432,720	27,338	SH		SOLE		27,338	0	0
WESTERN ASSET EMERGING MKTS	COM	95766A101	1,247,455	121,531	SH		SOLE		121,531	0	0
WESTERN ASSET GBL HIGH INC F	COM	95766B109	1,072,567	153,175	SH		SOLE		151,784	0	1,391
WESTERN ASSET HIGH INCOM FD	COM	95766J102	1,195,183	262,159	SH		SOLE		262,159	0	0
WESTERN ASSET HIGH INCOME OP	COM	95766K109	103,405	25,310	SH		SOLE		25,310	0	0
WESTERN ASSET HIGH YIELD DEF	COM	95768B107	1,805,573	144,578	SH		SOLE		142,272	0	2,306
WESTERN ASSET INVESTMENT GRA	COM	95766T100	851,914	65,981	SH		SOLE		65,981	0	0