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 771 157,963 SH   SOLE   157,963 0 0
ABERDEEN AUSTRALIA EQTY FD I COM 003011103 6,805 1,068,266 SH   SOLE   1,068,266 0 0
ABERDEEN CHILE FD INC COM 00301W105 3,944 441,622 SH   SOLE   441,622 0 0
ABERDEEN EMERGING MKTS SMALL COM 00301T102 4,054 278,850 SH   SOLE   278,850 0 0
ABERDEEN GTR CHINA FD INC COM 003031101 2,075 166,496 SH   SOLE   166,496 0 0
ABERDEEN INDONESIA FD INC COM 00305P106 2,162 282,963 SH   SOLE   282,963 0 0
ABERDEEN ISRAEL FUND INC COM 00301L109 8,226 430,016 SH   SOLE   430,016 0 0
ABERDEEN JAPAN EQUITY FD INC COM 00306J109 22,937 2,543,640 SH   SOLE   2,543,640 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 10,790 403,808 SH   SOLE   403,808 0 0
ABERDEEN SINGAPORE FD INC COM 003244100 17,485 1,407,849 SH   SOLE   1,407,849 0 0
ADAM NAT RES FD INC COM 00548F105 1,668 84,061 SH   SOLE   84,061 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 19,427 1,292,541 SH   SOLE   1,292,541 0 0
ADVENT CLAY CONV SEC INC FD COM 007639107 314 52,400 SH   SOLE   52,400 0 0
ALLIANCEBERNSTEIN NATL MUNI COM 01864U106 2,307 172,200 SH   SOLE   172,200 0 0
ALPINE GLOBAL DYNAMIC DIVD F COM NEW 02082E205 1,750 161,982 SH   SOLE   161,982 0 0
ALPINE GLOBAL PREMIER PPTYS COM SBI 02083A103 14,957 2,219,096 SH   SOLE   2,219,096 0 0
ALPINE TOTAL DYNAMIC DIVID F COM SH BEN INT N 021060207 78,799 8,320,959 SH   SOLE   8,320,959 0 0
ASIA PAC FD INC COM 044901106 5,299 367,581 SH   SOLE   367,581 0 0
ASIA TIGERS FD INC COM 04516T105 3,069 248,123 SH   SOLE   248,123 0 0
BLACKROCK ENH CAP & INC FD I COM 09256A109 9,165 559,500 SH   SOLE   559,500 0 0
BLACKROCK ENHANCED EQT DIV T COM 09251A104 5,235 567,161 SH   SOLE   567,161 0 0
BLACKROCK ENHANCED GBL DIV T COM 092501105 44,227 3,535,325 SH   SOLE   3,535,325 0 0
BLACKROCK ENHANCED GOVT FD I COM 09255K108 7,600 567,172 SH   SOLE   567,172 0 0
BLACKROCK ENHANCED INTL DIV COM BENE INTER 092524107 25,244 3,871,706 SH   SOLE   3,871,706 0 0
BLACKROCK INCOME TR INC COM 09247F100 9,835 1,593,956 SH   SOLE   1,593,956 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 1,569 112,704 SH   SOLE   112,704 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 55,814 5,712,779 SH   SOLE   5,712,779 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 18,185 2,296,057 SH   SOLE   2,296,057 0 0
CENTRAL SECS CORP COM 155123102 6,318 230,601 SH   SOLE   230,601 0 0
CHINA FD INC COM 169373107 9,512 439,376 SH   SOLE   439,376 0 0
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 4,588 421,681 SH   SOLE   421,681 0 0
DELAWARE ENHANCED GBL DIV & COM 246060107 1,476 121,701 SH   SOLE   121,701 0 0
DEUTSCHE MULTI-MKT INCOME TR SHS 25160E102 2,726 307,982 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 9,067 1,024,570 SH   SOLE   1,024,570 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 12,930 947,218 SH   SOLE   947,218 0 0
EATON VANCE MUN BD FD COM 27827X101 9,780 781,763 SH   SOLE   781,763 0 0
EATON VANCE MUNI INCOME TRUS SH BEN INT 27826U108 2,330 187,900 SH   SOLE   187,900 0 0
EUROPEAN EQUITY FUND COM 298768102 13,981 1,416,472 SH   SOLE   1,416,472 0 0
FIRST TR DYNAMIC EUROPE EQT COM SHS 33740D107 14,003 743,667 SH   SOLE   743,667 0 0
FIRST TR/ABERDEEN EMERG OPT COM 33731K102 3,488 213,701 SH   SOLE   213,701 0 0
FIRST TRUST MORTGAGE INCM FD COM SHS 33734E103 7,575 529,706 SH   SOLE   529,706 0 0
GABELLI GLOBL UTIL & INCOME COM SH BEN INT 36242L105 1,656 77,729 SH   SOLE   77,729 0 0
GENERAL AMERN INVS INC COM 368802104 12,659 367,988 SH   SOLE   367,988 0 0
HANCOCK JOHN INCOME SECS TR COM 410123103 6,592 443,900 SH   SOLE   443,900 0 0
HANCOCK JOHN INVS TR COM 410142103 2,029 115,964 SH   SOLE   115,964 0 0
ISHARES INC MSCI AUST ETF 464286103 95,224 4,109,802 SH   SOLE   4,109,802 0 0
ISHARES INC MSCI EURZONE ETF 464286608 70,320 1,621,030 SH   SOLE   1,621,030 0 0
ISHARES INC MSCI FRANCE ETF 464286707 54,135 1,733,974 SH   SOLE   1,733,974 0 0
ISHARES INC MSCI SWITZERLAND 464286749 17,802 500,351 SH   SOLE   500,351 0 0
ISHARES INC MSCI GERMANY ETF 464286806 81,621 2,471,876 SH   SOLE   2,471,876 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 199,548 3,329,678 SH   SOLE   3,329,678 0 0
ISHARES TR CORE US AGGBD ET 464287226 109,073 997,650 SH   SOLE   997,650 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 85,171 806,775 SH   SOLE   806,775 0 0
ISHARES TR MBS ETF 464288588 52,072 488,525 SH   SOLE   488,525 0 0
ISHARES TR MSCI UK ETF NEW 46435G334 1,624 45,345 SH   SOLE   45,345 0 0
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 50,225 4,252,761 SH   SOLE   4,252,761 0 0
KOREA FD COM NEW 500634209 18,244 442,064 SH   SOLE   442,064 0 0
LATIN AMERN DISCOVERY FD INC COM 51828C106 2,059 179,253 SH   SOLE   179,253 0 0
LAZARD GLB TTL RET&INCM FD I COM 52106W103 12,876 715,348 SH   SOLE   715,348 0 0
LEGG MASON BW GLB INC OPP FD COM 52469B100 6,574 514,839 SH   SOLE   514,839 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 19,537 3,101,133 SH   SOLE   3,101,133 0 0
MACQUARIE GLBL INFRA TOTL RE COM 55608D101 13,907 539,441 SH   SOLE   539,441 0 0
MEXICO EQUITY & INCOME FD COM 592834105 3,333 324,883 SH   SOLE   324,883 0 0
MEXICO FD INC COM 592835102 2,730 173,320 SH   SOLE   173,320 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 9,640 1,136,801 SH   SOLE   1,136,801 0 0
MFS GOVT MKTS INCOME TR SH BEN INT 552939100 1,755 366,451 SH   SOLE   366,451 0 0
MFS INTER INCOME TR SH BEN INT 55273C107 10,453 2,518,821 SH   SOLE   2,518,821 0 0
MFS MULTIMARKET INCOME TR SH BEN INT 552737108 7,382 1,216,172 SH   SOLE   1,216,172 0 0
MORGAN STANLEY ASIA PAC FD I COM 61744U106 22,105 1,201,359 SH   SOLE   1,201,359 0 0
MORGAN STANLEY CHINA A SH FD COM 617468103 20,046 857,387 SH   SOLE   857,387 0 0
MORGAN STANLEY EMER MKTS FD COM 61744G107 11,678 652,766 SH   SOLE   652,766 0 0
MORGAN STANLEY TRUSTS INCOME SECS INC 61745P874 11,601 632,220 SH   SOLE   632,220 0 0
NEW GERMANY FD INC COM 644465106 21,659 1,114,150 SH   SOLE   1,114,150 0 0
NEW IRELAND FUND INC COM 645673104 575 45,861 SH   SOLE   45,861 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 7,367 535,758 SH   SOLE   535,758 0 0
NUVEEN MULTI MKT INCOME FD COM 67075J107 5,486 719,989 SH   SOLE   719,989 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 5,939 422,424 SH   SOLE   422,424 0 0
NUVEEN SELECT TAX FREE INCM SH BEN INT 67063C106 782 56,100 SH   SOLE   56,100 0 0
PRUDENTIAL SHT DURATION HG Y COM 74442F107 2,157 146,019 SH   SOLE   146,019 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 2,528 233,776 SH   SOLE   233,776 0 0
ROYCE MICRO-CAP TR INC COM 780915104 1,382 146,401 SH   SOLE   146,401 0 0
ROYCE VALUE TR INC COM 780910105 2,088 129,117 SH   SOLE   129,117 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 598 7,900 SH   SOLE   7,900 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 1,432 22,400 SH   SOLE   22,400 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 14,144 53,000 SH   SOLE   53,000 0 0
SPROTT FOCUS TR INC COM 85208J109 6,620 835,831 SH   SOLE   835,831 0 0
SWISS HELVETIA FD INC COM 870875101 35,887 2,812,496 SH   SOLE   2,812,496 0 0
TAIWAN FD INC COM 874036106 6,965 333,740 SH   SOLE   333,740 0 0
TEMPLETON DRAGON FD INC COM 88018T101 14,007 651,179 SH   SOLE   651,179 0 0
TEMPLETON EMERG MKTS INCOME COM 880192109 2,082 186,400 SH   SOLE   186,400 0 0
TEMPLETON EMERGING MKTS FD I COM 880191101 21,688 1,321,633 SH   SOLE   1,321,633 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 4,067 629,609 SH   SOLE   629,609 0 0
THAI FD INC COM 882904105 8,064 749,437 SH   SOLE   749,437 0 0
THE CENTRAL AND EASTERN EU I COM 153436100 7,747 317,619 SH   SOLE   317,619 0 0
TRI CONTL CORP COM 895436103 6,925 257,061 SH   SOLE   257,061 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 31,717 536,208 SH   SOLE   536,208 0 0
VOYA ASIA PAC DIVID EQUITY I COM 92912J102 2,044 195,059 SH   SOLE   195,059 0 0
VOYA EMERGING MKTS HIGH DIVI COM 92912P108 16,364 1,838,643 SH   SOLE   1,838,643 0 0
VOYA GLBL ADV & PREM OPP FD COM 92912R104 261 22,800 SH   SOLE   22,800 0 0
WELLS FARGO GLOBAL DIVIDEND COM 94987C103 4,462 752,408 SH   SOLE   752,408 0 0
WESTERN ASSET CLYM INFL OPP COM 95766R104 32,168 2,816,809 SH   SOLE   2,816,809 0 0
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 19,503 1,654,174 SH   SOLE   1,654,174 0 0
WESTERN ASSET EMRG MKT DEBT COM 95766A101 6,341 407,780 SH   SOLE   407,780 0 0
WESTERN ASSET GLOBAL CP DEFI COM 95790C107 4,149 230,519 SH   SOLE   230,519 0 0
WESTERN ASSET PREMIER BD FD SHS BEN INT 957664105 2,887 209,072 SH   SOLE   209,072 0 0