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 ASIA-PAC INCOME FD | COM | 003009107 | 4 | 870 | SH | | SOLE | | 870 | 0 | 0 |
ALLIANZGI CONVERTIBLE & INCO | COM | 018828103 | 2 | 425 | SH | | SOLE | | 425 | 0 | 0 |
APOLLO SENIOR FLOATING RATE | COM | 037636107 | 1,422 | 99,021 | SH | | SOLE | | 99,021 | 0 | 0 |
APOLLO TACTICAL INCOME FUND | COM | 037638103 | 1,371 | 95,380 | SH | | SOLE | | 95,380 | 0 | 0 |
BLACKROCK FLT RT INC | COM | 091941104 | 1,009 | 85,473 | SH | | SOLE | | 85,473 | 0 | 0 |
BLACKROCK LNG-TM MUN ADV TST | COM | 09250B103 | 1,926 | 150,933 | SH | | SOLE | | 150,933 | 0 | 0 |
BLACKROCK MUNIHOLDINGS FD II | COM | 09253P109 | 3 | 170 | SH | | SOLE | | 170 | 0 | 0 |
BLACKROCK MUNIHOLDINGS FUND | COM | 09253N104 | 6,155 | 383,247 | SH | | SOLE | | 383,247 | 0 | 0 |
BLACKROCK MUNIHOLDINGS QUALI | COM | 09254P108 | 5,968 | 422,055 | SH | | SOLE | | 422,055 | 0 | 0 |
BLACKROCK MUNIVEST FUND II | COM | 09253T101 | 5,186 | 348,524 | SH | | SOLE | | 348,524 | 0 | 0 |
BLACKROCK MUNIVEST FUND | COM | 09253R105 | 8,612 | 939,012 | SH | | SOLE | | 939,012 | 0 | 0 |
BLACKROCK MUNIYIELD CALI FD | COM | 09254M105 | 2,911 | 195,662 | SH | | SOLE | | 195,662 | 0 | 0 |
BLACKROCK MUNIYIELD FUND | COM | 09253W104 | 11,529 | 806,477 | SH | | SOLE | | 806,477 | 0 | 0 |
BLACKROCK MUNIYIELD MI QUALI | COM | 09254V105 | 3,220 | 220,286 | SH | | SOLE | | 220,286 | 0 | 0 |
BLACKSTONE SENIOR FLOATING R | COM | 09256U105 | 1,386 | 97,488 | SH | | SOLE | | 97,488 | 0 | 0 |
BLACKSTONE STRATEGIC CREDIT | COM | 09257R101 | 472 | 37,904 | SH | | SOLE | | 37,904 | 0 | 0 |
BLACKSTONE LONG-SHORT CREDIT | COM | 09257D102 | 1,301 | 97,220 | SH | | SOLE | | 97,220 | 0 | 0 |
BRANDYWINEGLOBAL GLOBAL INCO | COM | 10537L104 | 784 | 62,601 | SH | | SOLE | | 62,601 | 0 | 0 |
CALAMOS CONVERTIBLE OPP&INC | COM | 128117108 | 312 | 23,057 | SH | | SOLE | | 23,057 | 0 | 0 |
CREDIT SUISSE HIGH YIELD BD | COM | 22544F103 | 1,384 | 609,806 | SH | | SOLE | | 609,806 | 0 | 0 |
CUSHING MLP & INFRASTRUCTURE | COM | 231631300 | 1 | 25 | SH | | SOLE | | 25 | 0 | 0 |
DWS MUNICIPAL INCOME TRUST | COM | 233368109 | 5,165 | 443,322 | SH | | SOLE | | 443,322 | 0 | 0 |
DWS STRATEGIC MUNICIPAL INCO | COM | 23342Q101 | 3,459 | 304,208 | SH | | SOLE | | 304,208 | 0 | 0 |
DOUBLELINE INCOME SOLUTIONS | COM | 258622109 | 1,229 | 74,375 | SH | | SOLE | | 74,375 | 0 | 0 |
DOUBLELINE OPPORT CREDIT | COM | 258623107 | 106 | 5,435 | SH | | SOLE | | 5,435 | 0 | 0 |
DOUBLELINE YIELD OPPORT | COM | 25862D105 | 964 | 51,674 | SH | | SOLE | | 51,674 | 0 | 0 |
BNYM HIGH YIELD STRAT | COM | 09660L105 | 1,355 | 454,547 | SH | | SOLE | | 454,547 | 0 | 0 |
BNYM MUNI BND INFRA | COM | 09662W109 | 765 | 54,704 | SH | | SOLE | | 54,704 | 0 | 0 |
BNYM MUNICIPAL INCOME | COM | 05589T104 | 1,176 | 132,745 | SH | | SOLE | | 132,745 | 0 | 0 |
BNYM STRAT MUNI BND | COM | 09662E109 | 8,325 | 1,056,443 | SH | | SOLE | | 1,056,443 | 0 | 0 |
BNYM STRAT MUNI | COM | 05588W108 | 1,736 | 205,171 | SH | | SOLE | | 205,171 | 0 | 0 |
EATON VANCE CAL MUNI BOND | COM | 27828A100 | 306 | 26,028 | SH | | SOLE | | 26,028 | 0 | 0 |
EATON VANCE CA MUNI INC TRST | COM | 27826F101 | 1,281 | 93,669 | SH | | SOLE | | 93,669 | 0 | 0 |
EATON VANCE LTD DURATION FND | COM | 27828H105 | 115 | 9,300 | SH | | SOLE | | 9,300 | 0 | 0 |
EATON VANCE SR FLTG RATE TR | COM | 27828Q105 | 609 | 47,679 | SH | | SOLE | | 47,679 | 0 | 0 |
FEDERATED HERMES PREMIER MUN | COM | 31423P108 | 961 | 63,280 | SH | | SOLE | | 63,280 | 0 | 0 |
FIRST TRUST HIGH INCOME LONG | COM | 33738E109 | 200 | 13,705 | SH | | SOLE | | 13,705 | 0 | 0 |
FIRST TRUST MLP AND ENERGY I | COM | 33739B104 | 1 | 150 | SH | | SOLE | | 150 | 0 | 0 |
INVESCO DYNAMIC CREDIT OPP | COM | 46132R104 | 5 | 460 | SH | | SOLE | | 460 | 0 | 0 |
INVESCO MUNICIPAL INCOME OPP | COM | 46132X101 | 2,484 | 314,411 | SH | | SOLE | | 314,411 | 0 | 0 |
INVESCO MUNICIPAL TRUST | COM | 46131J103 | 799 | 62,451 | SH | | SOLE | | 62,451 | 0 | 0 |
INVESCO TAXABLE MUNICIPAL BO | COM | 46138G805 | 201 | 6,000 | SH | | SOLE | | 6,000 | 0 | 0 |
INVESCO TRUST FOR INVESTMENT | COM | 46131T101 | 3,411 | 261,613 | SH | | SOLE | | 261,613 | 0 | 0 |
INVESCO VALUE MUNICIPAL INCO | COM | 46132P108 | 6,733 | 429,365 | SH | | SOLE | | 429,365 | 0 | 0 |
JOHN HANCOCK INVEST TRUST | COM | 410142103 | 350 | 20,299 | SH | | SOLE | | 20,299 | 0 | 0 |
KKR INCOME OPPORTUNITIES | COM | 48249T106 | 571 | 39,476 | SH | | SOLE | | 39,476 | 0 | 0 |
KAYNE ANDERSON ENERGY INFRAS | COM | 486606106 | 1 | 200 | SH | | SOLE | | 200 | 0 | 0 |
MFS HIGH YIELD MUNICIPAL TRU | COM | 59318E102 | 1,426 | 326,239 | SH | | SOLE | | 326,239 | 0 | 0 |
MFS INVESTMENT GRADE MUNICIP | COM | 59318B108 | 1,361 | 138,615 | SH | | SOLE | | 138,615 | 0 | 0 |
MFS MUNICIPAL INCOME TRUST | COM | 552738106 | 6,604 | 993,093 | SH | | SOLE | | 993,093 | 0 | 0 |
NEW AMERICA HIGH INCOME FUND | COM | 641876800 | 1,455 | 167,207 | SH | | SOLE | | 167,207 | 0 | 0 |
NUVEEN CA QUAL MUNI INC FD | COM | 67066Y105 | 1,927 | 126,747 | SH | | SOLE | | 126,747 | 0 | 0 |
NUVEEN CREDIT STRAT INCM | COM | 67073D102 | 499 | 78,739 | SH | | SOLE | | 78,739 | 0 | 0 |
NUVEEN FLT RATE INC OPP FD | COM | 6706EN100 | 4 | 440 | SH | | SOLE | | 440 | 0 | 0 |
NUVEEN INT DUR MUNI TERM FD | COM | 670671106 | 325 | 23,428 | SH | | SOLE | | 23,428 | 0 | 0 |
NUVEEN MUNI CREDIT INC FD | COM | 67070X101 | 6,961 | 432,376 | SH | | SOLE | | 432,376 | 0 | 0 |
NUVEEN MUNICIPAL CREDIT OPP | COM | 670663103 | 3,450 | 266,561 | SH | | SOLE | | 266,561 | 0 | 0 |
NUVEEN NJ QUAL MUNI INC FD | COM | 67069Y102 | 7,761 | 541,238 | SH | | SOLE | | 541,238 | 0 | 0 |
NUVEEN NY AMT-FR MUNI INC FD | COM | 670656107 | 2,159 | 159,770 | SH | | SOLE | | 159,770 | 0 | 0 |
NUVEEN OH QUAL MUNI INC FD | COM | 670980101 | 4,563 | 291,663 | SH | | SOLE | | 291,663 | 0 | 0 |
NUVEEN PA QUAL MUNI INC FD | COM | 670972108 | 3,961 | 273,914 | SH | | SOLE | | 273,914 | 0 | 0 |
NUVEEN QUAL MUNI INCOME FD | COM | 67066V101 | 1,357 | 88,545 | SH | | SOLE | | 88,545 | 0 | 0 |
PIMCO CALIFORNIA MUNICIPA II | COM | 72200M108 | 153 | 16,973 | SH | | SOLE | | 16,973 | 0 | 0 |
PIMCO CALIFORNIA MUNICIP III | COM | 72201C109 | 1,598 | 155,159 | SH | | SOLE | | 155,159 | 0 | 0 |
PIMCO MUNICIPAL INCOME FUND | COM | 72200R107 | 2,829 | 203,847 | SH | | SOLE | | 203,847 | 0 | 0 |
PIMCO MUNI INCOME FUND III | COM | 72201A103 | 1,022 | 86,029 | SH | | SOLE | | 86,029 | 0 | 0 |
PIMCO NEW YORK MUNICIPAL II | COM | 72200Y102 | 3,200 | 293,010 | SH | | SOLE | | 293,010 | 0 | 0 |
PROSHARES SHORT S&P500 | COM | 74347B425 | 1 | 70 | SH | | SOLE | | 70 | 0 | 0 |
PIONEER FLOATING RATE TRUST | COM | 72369J102 | 0 | 37 | SH | | SOLE | | 37 | 0 | 0 |
PIONEER HIGH INCOME TRUST | COM | 72369H106 | 919 | 102,062 | SH | | SOLE | | 102,062 | 0 | 0 |
INVESCO NATIONAL AMT-FREE MU | COM | 46138E537 | 4 | 143 | SH | | SOLE | | 143 | 0 | 0 |
PRINCIPAL REAL ESTATE INCOME | COM | 74255X104 | 3 | 250 | SH | | SOLE | | 250 | 0 | 0 |
PROSHARES SHORT DOW30 | COM | 74347B235 | 2 | 40 | SH | | SOLE | | 40 | 0 | 0 |
PROSHARES SHORT RUSSELL2000 | COM | 74348A210 | 1 | 40 | SH | | SOLE | | 40 | 0 | 0 |
PGIM HIGH YIELD BOND FUND | COM | 69346H100 | 1,475 | 98,501 | SH | | SOLE | | 98,501 | 0 | 0 |
RIVERNORTH MANAGED DURATION | COM | 76882H105 | 5,230 | 292,843 | SH | | SOLE | | 292,843 | 0 | 0 |
RIVERNORTH OPPORT MUNI INC | COM | 76883F108 | 3,588 | 165,883 | SH | | SOLE | | 165,883 | 0 | 0 |
ROYCE MICRO-CAP TRUST INC | COM | 780915104 | 20 | 2,000 | SH | | SOLE | | 2,000 | 0 | 0 |
VANECK VECTORS HY MUNI ETF | COM | 92189H409 | 4 | 70 | SH | | SOLE | | 70 | 0 | 0 |
VANGUARD FTSE ALL WO X-US SC | COM | 922042718 | 31 | 250 | SH | | SOLE | | 250 | 0 | 0 |
VANGUARD FTSE EMERGING MARKE | COM | 922042858 | 58 | 1,130 | SH | | SOLE | | 1,130 | 0 | 0 |
VANGUARD INTERMEDIATE-TERM T | COM | 92206C706 | 52 | 750 | SH | | SOLE | | 750 | 0 | 0 |
VANGUARD SMALL-CAP ETF | COM | 922908751 | 49 | 250 | SH | | SOLE | | 250 | 0 | 0 |
VANGUARD TOT WORLD STK ETF | COM | 922042742 | 280 | 3,000 | SH | | SOLE | | 3,000 | 0 | 0 |
VOYA PRIME RATE TRUST | COM | 92913A100 | 3 | 600 | SH | | SOLE | | 600 | 0 | 0 |
WELLS FARGO INCOME OPPORTUNI | COM | 94987B105 | 1,484 | 181,653 | SH | | SOLE | | 181,653 | 0 | 0 |
WESTERN ASSET HI INC OPPORT | COM | 95766K109 | 428 | 86,139 | SH | | SOLE | | 86,139 | 0 | 0 |
WESTERN ASSET MANAGED MUNICI | COM | 95766M105 | 11,570 | 901,948 | SH | | SOLE | | 901,948 | 0 | 0 |
WESTERN ASSET MUNICIPAL HIGH | COM | 95766N103 | 815 | 108,832 | SH | | SOLE | | 108,832 | 0 | 0 |
WESTERN ASSET MUNICIPAL PART | COM | 95766P108 | 1,307 | 87,574 | SH | | SOLE | | 87,574 | 0 | 0 |
WESTERN ASSET INFL-LINK SEC | COM | 95766Q106 | 590 | 44,134 | SH | | SOLE | | 44,134 | 0 | 0 |
ISHARES AAA - A RATED CORPOR | COM | 46429B291 | 193 | 3,300 | SH | | SOLE | | 3,300 | 0 | 0 |
ISHARES MBS ETF | COM | 464288588 | 330 | 3,000 | SH | | SOLE | | 3,000 | 0 | 0 |
ISHARES NATIONAL MUNI BOND E | COM | 464288414 | 4 | 32 | SH | | SOLE | | 32 | 0 | 0 |
ISHARES RUSSELL MID-CAP ETF | COM | 464287499 | 44 | 640 | SH | | SOLE | | 640 | 0 | 0 |
ISHARES TIPS BOND ETF | COM | 464287176 | 54 | 425 | SH | | SOLE | | 425 | 0 | 0 |