Portfolio Holdings as of 12/31/2020
| Ticker | Cusip | Description | Shares | Market Value | % of Portfolio |
| HFRO | 43010E404 | HIGHLAND INCOME FUND | 87,000.000 | $894,360.00 | 3.98% |
| FAX | 003009107 | ABERDEEN ASIA PACIFIC INCOME FUND | 178,000.000 | $792,100.00 | 3.53% |
| BWG | 10537L104 | BRANDYWINE GLOBAL INCO | 63,000.000 | $786,870.00 | 3.50% |
| RSF | 76882B108 | RIVERNORTH SPECIALTY FINANCE CORP | 47,000.000 | $779,730.00 | 3.47% |
| NXJ | 67069Y102 | Nuveen New Jersey Qu Quality Municipal | 54,000.000 | $775,980.00 | 3.45% |
| AIF | 037638103 | Apollo Tactical Income Fund Inc | 53,570.000 | $775,693.60 | 3.45% |
| JSD | 67074X107 | Nuveen Short Duration Credit Opp | 58,000.000 | $774,880.00 | 3.45% |
| VTA | 46132R104 | INVESCO DYNAMIC CREDIT OPP FUND | 72,000.000 | $773,280.00 | 3.44% |
| ARDC | 04014F102 | Ares Dynamic Credit Allocation Fund Inc | 54,000.000 | $771,660.00 | 3.44% |
| MSD | 61744H105 | MORGAN STANLEY MERGING MARKETS DEBT | 83,000.000 | $768,580.00 | 3.42% |
| FSLF | 32010E100 | FIRST EAGLE SENIOR LOAN FUND | 55,000.000 | $768,350.00 | 3.42% |
| AFT | 037636107 | Apollo Senior Floating Rate Fund | 53,000.000 | $763,200.00 | 3.40% |
| DYFN | 03462A102 | Angel Oak DYN Fin Strat INC | 40,565.000 | $758,159.85 | 3.38% |
| FINS | 03464A100 | ANGEL OAK FINANCIAL STRAT INCOMETRUST | 45,000.000 | $757,800.00 | 3.37% |
| GHY | 69346J106 | PGIM GLOBAL HIGH YIELD FUND | 52,000.000 | $755,560.00 | 3.36% |
| EDD | 617477104 | Morgan Stanley Emerg ing Markets Domestic | 120,000.000 | $754,800.00 | 3.36% |
| NBW | 64123C101 | Neuberger Berman Cal ifornia Intermediate | 55,000.000 | $748,000.00 | 3.33% |
| TEI | 880192109 | Templeton Emerging Markets Income Fund | 95,000.000 | $738,150.00 | 3.29% |
| JLS | 670735109 | Nuveen Mortgage & Income | 36,754.000 | $726,626.58 | 3.24% |
| BFZ | 09248E102 | BlackRock California Municipal Income Tr | 50,361.000 | $716,637.03 | 3.19% |
| JGH | 67075G103 | NUVEEN GLOBAL H-I FD | 38,103.000 | $592,501.65 | 2.64% |
| MYJ | 09254Y109 | BlackRock MuniYield New Jersey Fund Inc | 37,971.000 | $548,680.95 | 2.44% |
| BGB | 09257R101 | BLACKSTONE/GSO STRATEGIC C | 39,000.000 | $486,720.00 | 2.17% |
| WIW | 95766R104 | Western Asset Opp & Income Fund | 38,300.000 | $475,303.00 | 2.12% |
| BGX | 09257D102 | Blackstone/GSO Long- Short Credit Income | 34,700.000 | $465,674.00 | 2.07% |
| HYB | 641876800 | NEW AMERICA HIGH INCOME FUND | 52,764.000 | $457,991.52 | 2.04% |
| KSM | 23342Q101 | DWS STRATEGIC MUNICIPAL INCO | 40,029.000 | $456,330.60 | 2.03% |
| VCIF | 92535C104 | VERTICAL CAPITAL INCOME FUND | 41,700.000 | $410,328.00 | 1.83% |
| VPV | 46132K109 | INVESCO PENNSYLVANIA VALUE M | 31,764.000 | $405,308.64 | 1.80% |
| JFR | 67072T108 | Nuveen Floating Rate Income Fund | 43,168.000 | $377,288.32 | 1.68% |
| VMM | 24610V103 | Delaware Investments Minnesota Municipal | 28,629.000 | $375,612.48 | 1.67% |
| FRA | 09255X100 | BLACKROCK FLOAT INCOME STRATEGIES | 25,665.000 | $310,803.15 | 1.38% |
| NUO | 670980101 | Nuveen Ohio Quility Muni Income Fund | 19,708.000 | $308,528.74 | 1.37% |
| NJV | 670702109 | NUVEEN NJ MUNI VALUE FD | 15,005.000 | $210,305.58 | 0.94% |
| JQC | 67073D102 | Nuveen Credit Strategies Income | 31,249.000 | $197,806.17 | 0.88% |
| VTN | 46131T101 | Invesco Trust For Investment Grade NY | 14,300.000 | $186,615.00 | 0.83% |
| NUM | 670979103 | Nuveen Michigan Qual ity Municipal Income | 10,000.000 | $147,600.00 | 0.66% |
| JRO | 6706EN100 | NUVEEN FLT RATE INC OPP FD | 16,400.000 | $142,024.00 | 0.63% |
| NBO | 64124K102 | Neuberger Berman New York Intermediate M | 8,900.000 | $109,737.00 | 0.49% |
| VLT | 46131F101 | INVESCO HIGH INCOME TRUST II | 8,000.000 | $108,720.00 | 0.48% |
| BGT | 091941104 | BLACKROCK FLT RT INC | 6,700.000 | $78,993.00 | 0.35% |
| VFL | 24610T108 | DELAWARE INV NATL MUNI FUND | 3,500.000 | $46,095.00 | 0.21% |
| SBI | 958435109 | WESTERN ASSET INTERMEDIATE | 4,147.000 | $38,152.40 | 0.17% |
| NKG | 67072B107 | Nuveen Georgia Quali ty Municipal Income | 2,800.000 | $36,596.00 | 0.16% |
| FCT | 33733U108 | First Trust Senior Floating Rate Income | 2,843.000 | $33,035.66 | 0.15% |
| NYV | 670706100 | Nuveen New York Municipal Value Fund | 1,944.000 | $28,829.52 | 0.13% |
| AWF | 01879R106 | AllianceBernstein GL High Income | 1,318.000 | $15,512.86 | 0.07% |
| BGH | 06760L100 | BARINGS GLOBAL SHORT DURATION HIGH YIELD | 900.000 | $13,581.00 | 0.06% |
| BSL | 09256U105 | Blackstone/GSO Senior Float | 732.000 | $10,409.04 | 0.05% |
| EAD | 94987B105 | WELLS FARGO INCOME OPPORTUNITIES | 329.000 | $2,684.64 | 0.01% |
| KIO | 48249T106 | KKR OPPORTUNITIES FUND | 156.000 | $2,251.08 | 0.01% |
| FIGXX | 316175108 | Fidelity Investments Money Market Funds | 0.000 | $0.00 | 0.00% |
| Totals | 1,952,974.000 | $22,460,436.06 | |||