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
AMER STRAT INC PORT II COM 030099105 5,679 736,620 SH   SOLE   736,620 0 0
AMER STRAT INC PTF III COM 03009T101 14,607 2,226,702 SH   SOLE   2,226,702 0 0
AQUASITION CORP COM Y0192H103 8,999 884,647 SH   SOLE   884,647 0 0
CIS AQUISITION LTD COM G21490209 4,203 415,736 SH   SOLE   415,736 0 0
COLLABRIUM JAPAN ACQUISITION SHS G2266G102 5,939 578,381 SH   SOLE   578,381 0 0
EATON VANCE RISK-MANAGED DIV COM 27829G106 48,894 4,338,458 SH   SOLE   4,338,458 0 0
EQUUS TOTAL RETURN INC COM 294766100 1,042 523,605 SH   SOLE   523,605 0 0
FIRSTHAND TECHNOLOGY VALUE COM 33766Y100 23,308 1,005,954 SH   SOLE   1,005,954 0 0
GLOBAL DEFENSE & NATL SEC SYS COM 37953N108 5,526 549,900 SH   SOLE   549,900 0 0
GYRODYNE CO OF AMERICA INC COM 403820103 297 10,914 SH   SOLE   10,914 0 0
HELIOS STRATEGIC INC FD COM 42328A203 5,225 787,326 SH   SOLE   787,326 0 0
HF2 FINANCIAL MANAGEMENT INC COM 40421A104 12,088 1,187,411 SH   SOLE   1,187,411 0 0
IMPERIAL HOLDINGS INC COM 452834104 15,718 2,403,293 SH   SOLE   2,403,293 0 0
INFINITY CROSS BORDER ACQUIS COM G4772R101 1,088 137,597 SH   SOLE   137,597 0 0
MVC CAPITAL INC COM 553829102 18,273 1,353,534 SH   SOLE   1,353,534 0 0
QUARTET MERGER CORP COM 747717304 7,056 700,000 SH   SOLE   700,000 0 0
SWISS HELVETIA FUND COM 870875101 23,382 1,676,153 SH   SOLE   1,676,153 0 0
WESTERN ASSET INFL MGMT FD INC COM 95766U107 14,928 881,758 SH   SOLE   881,758 0 0
ZWEIG TOTAL RETURN FD COM 989837208 23,327 1,673,385 SH   SOLE   1,673,385 0 0