Matisse Discounted Closed-End Fund Strategy Institutional CL

Portfolio Holdings as of 11/30/2018

Ticker Cusip Description Shares Market Value % of Portfolio
AEF 00301W105 Aberdeen Chile Fun 687,914.000 $4,609,023.81 8.02%
RIF 76970B101 RMR Asia Pac Real 238,423.000 $4,170,018.27 7.26%
GDL 361570104 The GDL Fund 423,020.000 $3,870,633.00 6.73%
MSF 61744G107 MORGAN STANLEY EMG 222,499.000 $3,735,758.21 6.50%
DNI 25538A204 Dividend and Income Fund, Inc 310,000.000 $3,540,200.00 6.16%
PSH NA G7016V101 Pershing Square Holdings, Ltd. 220,000.000 $3,159,200.00 5.50%
NHF 65340G205 Nexpoint Cr Strategies Fund 144,833.000 $3,134,186.12 5.45%
MXF 592835102 Mexico Fund Inc 218,727.000 $2,775,645.63 4.83%
EGIF 26958J105 EAGLE GRWTH & INCOME OPPTY FD 191,000.000 $2,746,580.00 4.78%
CHN 169373107 China Fund Inc 129,171.000 $2,332,828.26 4.06%
MYJ 09254Y109 BLACKROCK MUNIYIELD N J FD INC 176,900.000 $2,317,390.00 4.03%
NKG 67072B107 NUVEEN GA QUALITY MUN INCOME FD 210,100.000 $2,292,191.00 3.99%
EXD 27829M103 Eaton Vance Tax-Ad 237,151.000 $2,113,015.41 3.68%
CEE 153436100 Cent Euro Rus & Tu 78,680.000 $1,839,538.40 3.20%
GGZ 36249W104 GABELLI GLB SML & MD CP VAL TR 149,874.000 $1,651,626.46 2.87%
TPOU LN G8846K109 Third Point Offshore Investors 114,000.000 $1,613,100.00 2.81%
EVJ 27826V106 EATON VANCE NEW JERSEY MUN INCOME TR 136,900.000 $1,523,012.55 2.65%
NAZ 67061W104 NUVEEN ARIZ QUALITY MUN INCOME FD 116,400.000 $1,377,012.00 2.40%
APB 044901106 Asia Pacific Fund 100,520.000 $1,256,500.00 2.19%
BFY 09249R102 BLACKROCK NEW YORK MUN INCOME TR II 91,184.000 $1,139,800.00 1.98%
TWN 874036106 Hsbc Asset Mgt Ltd 49,978.000 $857,622.48 1.49%
MUJ 09254X101 BlackRock Muniholdings New Jersey Insure 60,584.000 $769,416.80 1.34%
EMI 27826D106 EATON VANCE MI MUNI INCOME TR SH BEN INT 60,000.000 $730,800.00 1.27%
NBW 64123C101 Neuberger Berman California Municip Fund 53,152.000 $643,139.20 1.12%
EMJ 27828R103 EATON VANCE N J MUN BD FD FORMERLY EATON 53,700.000 $635,383.77 1.11%
MXE 592834105 Mexico Equity&Inc 60,796.000 $607,960.00 1.06%
CCA 59318C106 MFS CALIF MUN FD 58,207.000 $579,159.65 1.01%
SPYUF G8762U107 Terra Capital Plc 270,030.000 $270,030.00 0.47%
EVO 27826G109 EATON VANCE OHIO MUN INCOME TR 20,298.000 $243,170.04 0.42%
FIGXX 316175108 Fidelity Instituti 215,868.810 $215,868.81 0.38%
NYH 27828T109 EATON VANCE N Y MUN BD FD II FORMERLY EA 19,721.000 $204,703.98 0.36%
MIW 27828M104 EATON VANCE MICH MUN BD FD FORMERLY EATO 16,000.000 $198,422.40 0.35%
TDF 88018T101 Templeton Dragon F 10,000.000 $177,600.00 0.31%
VMM 24610V103 DELAWARE INVTS MINN MUN INCOME FD II INC 8,000.000 $94,160.00 0.16%
NTX 670983105 NUVEEN TEXAS QLT MUN 2,888.000 $35,840.08 0.06%
EIO 27828L106 EATON VANCE OHIO MUN BD FD FORMERLY EATO 932.000 $10,438.40 0.02%
FSD 33738E109 FIRST TR HIGH INCOME L/S FD 0.000 $0.00 0.00%

Totals 5,157,450.810 $57,470,974.73