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
Estimated average burden
hours per response: 23.8
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 PACIFIC INCOM COM 003009107 2,013 390,085 SH   SOLE   390,085 0 0
ABERDEEN AUSTRALIA EQTY FD I COM 003011103 7,268 1,174,150 SH   SOLE   1,174,150 0 0
ABERDEEN CHILE FD INC COM 00301W105 3,764 448,622 SH   SOLE   448,622 0 0
ABERDEEN EMERGING MKTS SMALL COM 00301T102 3,930 281,350 SH   SOLE   281,350 0 0
ABERDEEN GTR CHINA FD INC COM 003031101 1,953 166,496 SH   SOLE   166,496 0 0
ABERDEEN INDONESIA FD INC COM 00305P106 2,227 287,041 SH   SOLE   287,041 0 0
ABERDEEN ISRAEL FUND INC COM 00301L109 8,815 430,016 SH   SOLE   430,016 0 0
ABERDEEN JAPAN EQUITY FD INC COM 00306J109 22,653 2,600,842 SH   SOLE   2,600,842 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 11,078 404,910 SH   SOLE   404,910 0 0
ABERDEEN SINGAPORE FD INC COM 003244100 16,400 1,408,949 SH   SOLE   1,408,949 0 0
ADAM NAT RES FD INC COM 00548F105 1,715 87,261 SH   SOLE   87,261 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 19,643 1,291,474 SH   SOLE   1,291,474 0 0
ADVENT CLAY CONV SEC INC FD COM 007639107 354 56,700 SH   SOLE   56,700 0 0
ALPINE GLOBAL DYNAMIC DIVD F COM NEW 02082E205 1,883 177,476 SH   SOLE   177,476 0 0
ALPINE GLOBAL PREMIER PPTYS COM SBI 02083A103 14,810 2,233,739 SH   SOLE   2,233,739 0 0
ALPINE TOTAL DYNAMIC DIVID F COM SH BEN INT N 021060207 75,373 8,374,759 SH   SOLE   8,374,759 0 0
ASIA PAC FD INC COM 044901106 5,166 372,181 SH   SOLE   372,181 0 0
ASIA TIGERS FD INC COM 04516T105 2,219 179,063 SH   SOLE   179,063 0 0
BLACKROCK ENH CAP & INC FD I COM 09256A109 9,544 611,800 SH   SOLE   611,800 0 0
BLACKROCK ENHANCED EQT DIV T COM 09251A104 6,048 666,861 SH   SOLE   666,861 0 0
BLACKROCK ENHANCED GBL DIV T COM 092501105 52,556 3,875,802 SH   SOLE   3,875,802 0 0
BLACKROCK ENHANCED GOVT FD I COM 09255K108 8,794 644,704 SH   SOLE   644,704 0 0
BLACKROCK ENHANCED INTL DIV COM BENE INTER 092524107 25,412 3,873,806 SH   SOLE   3,873,806 0 0
BLACKROCK INCOME TR INC COM 09247F100 9,896 1,575,856 SH   SOLE   1,575,856 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 968 68,300 SH   SOLE   68,300 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 51,589 5,803,079 SH   SOLE   5,803,079 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 18,262 2,311,657 SH   SOLE   2,311,657 0 0
CENTRAL SECS CORP COM 155123102 6,307 244,001 SH   SOLE   244,001 0 0
CHINA FD INC COM 169373107 9,058 445,120 SH   SOLE   445,120 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 12,687 1,136,800 SH   SOLE   1,136,800 0 0
DELAWARE ENHANCED GBL DIV & COM 246060107 1,579 133,101 SH   SOLE   133,101 0 0
DEUTSCHE MULTI-MKT INCOME TR SHS 25160E102 2,760 307,982 SH   SOLE   307,982 0 0
DEUTSCHE STRATEGIC INCOME TR SHS 25160F109 284 22,820 SH   SOLE   22,820 0 0
DUFF & PHELPS UTIL CORP BD T COM 26432K108 9,202 995,868 SH   SOLE   995,868 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 12,596 897,774 SH   SOLE   897,774 0 0
EATON VANCE MUN BD FD COM 27827X101 9,744 768,463 SH   SOLE   768,463 0 0
EUROPEAN EQUITY FUND COM 298768102 13,826 1,428,350 SH   SOLE   1,428,350 0 0
FIRST TR DYNAMIC EUROPE EQT COM SHS 33740D107 18,883 972,347 SH   SOLE   972,347 0 0
FIRST TR/ABERDEEN EMERG OPT COM 33731K102 3,977 238,543 SH   SOLE   238,543 0 0
FIRST TRUST MORTGAGE INCM FD COM SHS 33734E103 7,396 518,668 SH   SOLE   518,668 0 0
FRANKLIN LTD DURATION INC TR COM 35472T101 4,438 369,543 SH   SOLE   369,543 0 0
GABELLI GLB SML & MD CP VAL COM 36249W104 384 29,077 SH   SOLE   29,077 0 0
GABELLI GLOBL UTIL & INCOME COM SH BEN INT 36242L105 1,740 84,729 SH   SOLE   84,729 0 0
GENERAL AMERN INVS INC COM 368802104 12,665 351,600 SH   SOLE   351,600 0 0
HANCOCK JOHN INCOME SECS TR COM 410123103 7,370 496,949 SH   SOLE   496,949 0 0
HANCOCK JOHN INVS TR COM 410142103 1,151 63,427 SH   SOLE   63,427 0 0
ISHARES INC MSCI AUST ETF 464286103 93,249 4,155,502 SH   SOLE   4,155,502 0 0
ISHARES INC MSCI EURZONE ETF 464286608 57,288 1,322,430 SH   SOLE   1,322,430 0 0
ISHARES INC MSCI FRANCE ETF 464286707 49,204 1,592,374 SH   SOLE   1,592,374 0 0
ISHARES INC MSCI SZ CAP ETF 464286749 17,727 506,051 SH   SOLE   506,051 0 0
ISHARES INC MSCI GERMANY ETF 464286806 81,022 2,498,376 SH   SOLE   2,498,376 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 187,452 3,364,778 SH   SOLE   3,364,778 0 0
ISHARES TR CORE US AGGBD ET 464287226 106,615 972,850 SH   SOLE   972,850 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 79,001 741,650 SH   SOLE   741,650 0 0
ISHARES TR MBS ETF 464288588 51,850 484,125 SH   SOLE   484,125 0 0
ISHARES TR MSCI UK ETF NEW 46435G334 1,612 46,245 SH   SOLE   46,245 0 0
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 53,340 4,250,161 SH   SOLE   4,250,161 0 0
KOREA FD COM NEW 500634209 17,425 430,681 SH   SOLE   430,681 0 0
LATIN AMERN DISCOVERY FD INC COM 51828C106 2,240 185,453 SH   SOLE   185,453 0 0
LAZARD GLB TTL RET&INCM FD I COM 52106W103 12,212 728,648 SH   SOLE   728,648 0 0
LEGG MASON BW GLB INC OPP FD COM 52469B100 6,596 490,739 SH   SOLE   490,739 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 19,668 3,261,756 SH   SOLE   3,261,756 0 0
MACQUARIE GLBL INFRA TOTL RE COM 55608D101 14,608 556,090 SH   SOLE   556,090 0 0
MEXICO EQUITY & INCOME FD COM 592834105 3,817 329,326 SH   SOLE   329,326 0 0
MEXICO FD INC COM 592835102 1,906 110,951 SH   SOLE   110,951 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 10,064 1,160,770 SH   SOLE   1,160,770 0 0
MFS GOVT MKTS INCOME TR SH BEN INT 552939100 875 177,051 SH   SOLE   177,051 0 0
MFS INTER INCOME TR SH BEN INT 55273C107 9,848 2,301,021 SH   SOLE   2,301,021 0 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 8,309 1,331,603 SH   SOLE   1,331,603 0 0
MORGAN STANLEY ASIA PAC FD I COM 61744U106 21,042 1,220,561 SH   SOLE   1,220,561 0 0
MORGAN STANLEY CHINA A SH FD COM 617468103 18,934 793,542 SH   SOLE   793,542 0 0
MORGAN STANLEY EMER MKTS FD COM 61744G107 11,430 657,646 SH   SOLE   657,646 0 0
MORGAN STANLEY TRUSTS INCOME SECS INC 61745P874 11,513 629,105 SH   SOLE   629,105 0 0
NEUBERGER BERMAN RE ES SEC F COM 64190A103 2,085 371,671 SH   SOLE   371,671 0 0
NEW GERMANY FD INC COM 644465106 20,719 1,115,740 SH   SOLE   1,115,740 0 0
NEW IRELAND FUND INC COM 645673104 1,913 139,404 SH   SOLE   139,404 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 7,307 527,558 SH   SOLE   527,558 0 0
NUVEEN DOW 30 DYN OVERWRITE SHS 67075F105 2,489 146,758 SH   SOLE   146,758 0 0
NUVEEN MULTI MKT INCOME FD COM 67075J107 5,466 719,989 SH   SOLE   719,989 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 5,895 415,424 SH   SOLE   415,424 0 0
NUVEEN SELECT TAX FREE INCM SH BEN INT 67063C106 788 56,100 SH   SOLE   56,100 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 2,639 254,976 SH   SOLE   254,976 0 0
ROYCE MICRO-CAP TR INC COM 780915104 1,452 154,801 SH   SOLE   154,801 0 0
ROYCE VALUE TR INC COM 780910105 3,218 203,817 SH   SOLE   203,817 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 248 3,500 SH   SOLE   3,500 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 10,451 41,600 SH   SOLE   41,600 0 0
SPROTT FOCUS TR INC COM 85208J109 6,454 834,931 SH   SOLE   834,931 0 0
SWISS HELVETIA FD INC COM 870875101 36,194 2,834,596 SH   SOLE   2,834,596 0 0
TAIWAN FD INC COM 874036106 6,971 338,740 SH   SOLE   338,740 0 0
TEMPLETON DRAGON FD INC COM 88018T101 13,739 660,519 SH   SOLE   660,519 0 0
TEMPLETON EMERG MKTS INCOME COM 880192109 1,656 143,100 SH   SOLE   143,100 0 0
TEMPLETON EMERGING MKTS FD I COM 880191101 21,650 1,312,820 SH   SOLE   1,312,820 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 4,154 616,391 SH   SOLE   616,391 0 0
THAI FD INC COM 882904105 7,340 753,637 SH   SOLE   753,637 0 0
THE CENTRAL AND EASTERN EU I COM 153436100 7,988 323,126 SH   SOLE   323,126 0 0
TRI CONTL CORP COM 895436103 8,532 333,937 SH   SOLE   333,937 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 18,876 323,600 SH   SOLE   323,600 0 0
VIRTUS TOTAL RETURN FUND INC COM 92837G100 272 20,879 SH   SOLE   20,879 0 0
VOYA ASIA PAC DIVID EQUITY I COM 92912J102 2,112 197,159 SH   SOLE   197,159 0 0
VOYA EMERGING MKTS HIGH DIVI COM 92912P108 18,600 1,960,004 SH   SOLE   1,960,004 0 0
VOYA GLBL ADV & PREM OPP FD COM 92912R104 262 22,800 SH   SOLE   22,800 0 0
WELLS FARGO GLOBAL DIVIDEND COM 94987C103 5,516 879,677 SH   SOLE   879,677 0 0
WESTERN ASSET CLYM INFL OPP COM 95766R104 31,323 2,776,889 SH   SOLE   2,776,889 0 0
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 18,879 1,634,574 SH   SOLE   1,634,574 0 0
WESTERN ASSET EMRG MKT DEBT COM 95766A101 6,102 387,680 SH   SOLE   387,680 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 4,594 252,021 SH   SOLE   252,021 0 0
WESTERN ASSET PREMIER BD FD SHS BEN INT 957664105 748 54,087 SH   SOLE   54,087 0 0