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
ADAMS EXPRESS CO Com 006212104 3,080 287,316 SH   SOLE   287,316 0 0
ALPINE GLOBAL PREMIER PPTYS Com 02083A103 914 128,945 SH   SOLE   128,945 0 0
AMERITRANS CAPTL CORPORATION Com 03073H108 102 94,800 SH   SOLE   94,800 0 0
AMERICAN STRATEGIC INCOME III Com 03009T101 982 128,376 SH   SOLE   128,376 0 0
ARMOUR RESIDENTIAL REIT INC COM 042315101 673 86,211 SH   SOLE   86,211 0 0
AUSTRALIA ACQUISITION CORP UNITS G06368123 2,338 250,000 SH   SOLE   250,000 0 0
AUSTRALIA ACQUISITION-CW15 *W EXP 99/99/999 G06368115 275 550,000 SH   SOLE   550,000 0 0
BANCROFT FUND LTD Com 059695106 1,103 65,349 SH   SOLE   65,349 0 0
BJS WHOLESALE CLUB INC Com 05548J106 5,397 112,665 SH   SOLE   112,665 0 0
BLACKROCK CR ALLCTN INC TR COM COM 092508100 286 23,614 SH   SOLE   23,614 0 0
BLACKROCK CREDIT ALL IN TR III COM SHS 09249V103 423 40,201 SH   SOLE   40,201 0 0
BLACKROCK INCOME TR INC Com 09247F100 68 10,000 SH   SOLE   10,000 0 0
BLUE CHIP VALUE FD INC Com 095333100 18,624 5,020,030 SH   SOLE   5,020,030 0 0
BOULDER GROWTH & INCOME FD INC Com 101507101 1,980 317,868 SH   SOLE   317,868 0 0
BOULDER TOTAL RETURN FD INC Com 101541100 3,064 197,425 SH   SOLE   197,425 0 0
CALAMOS STRATEGIC TOTL RETN COM SH BEN INT 128125101 426 45,980 SH   SOLE   45,980 0 0
CAPITAL GOLD CORP COM NEW 14018Y205 75 14,854 SH   SOLE   14,854 0 0
CASEYS GEN STORES INC Com 147528103 11,664 274,394 SH   SOLE   274,394 0 0
CAZADOR ACQUISITION COR-CW15 *W EXP 99/99/999 G19867129 175 535,000 SH   SOLE   535,000 0 0
CAZADOR ACQUISITION CORP SHS G19867103 5,163 535,000 SH   SOLE   535,000 0 0
CENTRAL SECS CORP Com 155123102 244 11,106 SH   SOLE   11,106 0 0
CLAYMORE DIVID & INCOME FD COM 18385J105 163 10,837 SH   SOLE   10,837 0 0
COHEN & STEERS INFRASTRUCTUR Com 19248A109 608 37,068 SH   SOLE   37,068 0 0
DCA TOTAL RETURN FD Com 233066109 188 54,636 SH   SOLE   54,636 0 0
DELAWAR INVTS AZ MUN INCOME COM 246100101 221 17,266 SH   SOLE   17,266 0 0
DWS HIGH INCOME OPPORT FD IN COM NEW 23339M204 647 45,983 SH   SOLE   45,983 0 0
DWS RREEF WORLD REAL EST & T COM NEW 23339T209 11,674 639,662 SH   SOLE   639,662 0 0
EATON VANCE SENIOR INCOME TR SH BEN INT 27826S103 211 29,485 SH   SOLE   29,485 0 0
ELLSWORTH FUND LTD Com 289074106 1,434 195,201 SH   SOLE   195,201 0 0
EQUUS TOTAL RETURN Com 294766100 691 276,548 SH   SOLE   276,548 0 0
FIRST OPPORTUNITY FD INC Com 33587T108 2,196 295,606 SH   SOLE   295,606 0 0
GABELLI DIVD & INCOME TR Com 36242H104 331 21,572 SH   SOLE   21,572 0 0
GABELLI GLOBAL DEAL FD COM SBI 36245G103 508 38,000 SH   SOLE   38,000 0 0
GABELLI GLOBAL MULTIMEDIA TR Com 36239Q109 2,318 282,378 SH   SOLE   282,378 0 0
GABELLI HLTHCARE & WELLNESS SHS 36246K103 80 11,325 SH   SOLE   11,325 0 0
GYRODYNE CO AMER INC Com 403820103 19,046 237,332 SH   SOLE   237,332 0 0
H & Q HEALTHCARE INVESTORS SH SH BEN INT 404052102 2,426 181,415 SH   SOLE   181,415 0 0
H & Q LIFE SCIENCES INVS SH BEN INT 404053100 1,062 98,659 SH   SOLE   98,659 0 0
INDIA GLOBALIZATION CAP INC COM 45408X100 29 50,000 SH   SOLE   50,000 0 0
JOHN HANCOCK BK &THRIFT OPP SH BEN INT NEW 409735206 739 42,947 SH   SOLE   42,947 0 0
KOREA EQUITY FD INC Com 50063B104 3,125 255,504 SH   SOLE   255,504 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 7,653 1,552,302 SH   SOLE   1,552,302 0 0
LIBERTY ALL-STAR GROWTH FD I Com 529900102 14,969 3,522,182 SH   SOLE   3,522,182 0 0
LMP CAP & INCOME FD INC Com 50208A102 8,863 711,919 SH   SOLE   711,919 0 0
MACQUARIE FT TR GB INF UT DIV Com 55607W100 8,292 572,638 SH   SOLE   572,638 0 0
MACQUARIE GLBL INFRA TOTL RE Com 55608D101 1,748 101,180 SH   SOLE   101,180 0 0
MEXICO EQUITY AND INCOME FD Com 592834105 1,460 128,845 SH   SOLE   128,845 0 0
MORGAN STANLEY ASIA PAC FD I Com 61744U106 10,594 623,916 SH   SOLE   623,916 0 0
MOTOROLA INC Common Stocks 620076109 227 25,000 SH   SOLE   25,000 0 0
MVC CAPITAL INC Com 553829102 3,144 215,370 SH   SOLE   215,370 0 0
MYREXIS INC Com 62856H107 312 75,000 SH   SOLE   75,000 0 0
NEUBERGER BERMAN REAL ESTATE COM 64190A103 6,829 1,711,681 SH   SOLE   1,711,681 0 0
NEW IRELAND FUND INC Com 645673104 134 19,499 SH   SOLE   19,499 0 0
NUVEEN MULTI STRAT INC & GR II Com 67073B106 353 40,590 SH   SOLE   40,590 0 0
NUVEEN MULTI STRAT INC & GR Com 67073D102 61 7,300 SH   SOLE   7,300 0 0
PROMOTORA DE INFORMACIONES S ADR CL A SHS 74343G204 334 41,624 SH   SOLE   41,624 0 0
PROMOTORA DE INFORMACIONES S ADR CL B CONV 74343G303 2,702 283,250 SH   SOLE   283,250 0 0
RIVERSOURCE LASALLE INTL R/E Com 76932W102 2,088 222,179 SH   SOLE   222,179 0 0
ROBERTS REALTY INVS Com 769900101 1,074 738,002 SH   SOLE   738,002 0 0
ROYCE FOCUS TR COM COM 78080N108 132 17,500 SH   SOLE   17,500 0 0
ROYCE MICRO-CAP TR INC Com 780915104 4,608 470,252 SH   SOLE   470,252 0 0
ROYCE VALUE TR INC Com 780910105 5,716 393,127 SH   SOLE   393,127 0 0
SEANERGY MARITIME HLDGS CORP SHS Y73760103 133 145,000 SH   SOLE   145,000 0 0
STREAM GLOBAL SVCS INC *W EXP 10/17/201 86323M118 52 517,426 SH   SOLE   517,426 0 0
SUNAMERICA FCSED ALPHA GRW F Com 867037103 28,910 1,648,355 SH   SOLE   1,648,355 0 0
SUNAMERICA FOCUSE ALPHA LC F Com 867038101 16,510 1,048,965 SH   SOLE   1,048,965 0 0
TAIWAN GREATER CHINA FD SH BEN SH BEN INT 874037104 440 57,848 SH   SOLE   57,848 0 0
TRI CONTL CORP Com 895436103 5,389 391,619 SH   SOLE   391,619 0 0
TS&W CLAYMORE TAX ADVNTG BL Com 87280R108 419 39,763 SH   SOLE   39,763 0 0
WINN DIXIE STORES INC COM NEW 974280307 1,380 192,299 SH   SOLE   192,299 0 0
ZWEIG FD Com 989834106 89 26,620 SH   SOLE   26,620 0 0
ZWEIG TOTAL RETURN FD INC Com 989837109 71 20,000 SH Put SOLE   20,000 0 0
Put SPDR S&P 500 ET Jan 7 2011 123.00 Put Options 78462F953 8 36,100 SH Put SOLE   36,100 0 0