Matisse Discounted Bond CEF Strategy

Portfolio Holdings as of 10/31/2020

Ticker Cusip Description Shares Market Value % of Portfolio
TEI 880192109 Templeton Emerging Markets Income Fund 93,000.000 $675,180.00 3.55%
AIF 037638103 Apollo Tactical Income Fund Inc 53,570.000 $673,374.90 3.54%
MSD 61744H105 MORGAN STANLEY MERGING MARKETS DEBT 80,000.000 $672,800.00 3.53%
AFT 037636107 Apollo Senior Floating Rate Fund 53,000.000 $671,510.00 3.53%
EDD 617477104 Morgan Stanley Emerg ing Markets Domestic 120,000.000 $670,800.00 3.52%
FAX 003009107 ABERDEEN ASIA PACIFIC INCOME FUND 176,000.000 $668,800.00 3.51%
HFRO 43010E404 HIGHLAND INCOME FUND 85,000.000 $667,250.00 3.50%
VTA 46132R104 INVESCO DYNAMIC CREDIT OPP FUND 72,000.000 $666,000.00 3.50%
NXJ 67069Y102 Nuveen New Jersey Qu Quality Municipal 49,000.000 $664,440.00 3.49%
GHY 69346J106 PGIM GLOBAL HIGH YIELD FUND 52,000.000 $661,960.00 3.48%
FSLF 32010E100 FIRST EAGLE SENIOR LOAN FUND 52,000.000 $656,240.00 3.45%
BWG 10537L104 BRANDYWINE GLOBAL INCO 59,381.000 $653,784.81 3.43%
BFZ 09248E102 BlackRock California Municipal Income Tr 50,000.000 $650,000.00 3.41%
ARDC 04014F102 Ares Dynamic Credit Allocation Fund Inc 52,000.000 $647,400.00 3.40%
EMD 95766A101 Western Asset Emerging MarketsDebt 48,000.000 $576,000.00 3.02%
NBW 64123C101 Neuberger Berman Cal ifornia Intermediate 43,100.000 $554,266.00 2.91%
RSF 76882B108 RIVERNORTH SPECIALTY FINANCE CORP 36,563.000 $542,960.55 2.85%
JGH 67075G103 NUVEEN GLOBAL H-I FD 38,103.000 $518,581.83 2.72%
MYJ 09254Y109 BlackRock MuniYield New Jersey Fund Inc 37,900.000 $511,271.00 2.68%
DHY 22544F103 Credit Suisse High Yield Bond Fund 215,000.000 $445,050.00 2.34%
WIW 95766R104 Western Asset Opp & Income Fund 38,300.000 $436,620.00 2.29%
JSD 67074X107 Nuveen Short Duration Credit Opp 36,392.000 $433,428.72 2.28%
BGX 09257D102 Blackstone/GSO Long- Short Credit Income 34,700.000 $431,668.00 2.27%
KSM 23342Q101 DWS STRATEGIC MUNICIPAL INCO 40,029.000 $422,305.95 2.22%
BGB 09257R101 BLACKSTONE/GSO STRATEGIC C 33,101.000 $389,267.76 2.04%
DYFN 03462A102 Angel Oak DYN Fin Strat INC 22,333.000 $383,234.28 2.01%
VCIF 92535C104 VERTICAL CAPITAL INCOME FUND 35,700.000 $354,858.00 1.86%
JFR 67072T108 Nuveen Floating Rate Income Fund 43,168.000 $344,048.96 1.81%
NUO 670980101 Nuveen Ohio Quility Muni Income Fund 19,708.000 $299,561.60 1.57%
FINS 03464A100 ANGEL OAK FINANCIAL STRAT INCOMETRUST 18,300.000 $297,741.00 1.56%
VVR 46131H107 Invesco Senior Income Trust 82,454.000 $292,711.70 1.54%
FRA 09255X100 BLACKROCK FLOAT INCOME STRATEGIES 25,665.000 $291,041.10 1.53%
NJV 670702109 NUVEEN NJ MUNI VALUE FD 15,005.000 $206,468.80 1.08%
DHF 09660L105 BNYM HIGH YIELD STRAT 71,000.000 $191,700.00 1.01%
VPV 46132K109 INVESCO PENNSYLVANIA VALUE M 15,500.000 $185,535.00 0.97%
GIM 880198106 Templeton Global Income Fund 35,000.000 $181,650.00 0.95%
JQC 67073D102 Nuveen Credit Strategies Income 31,249.000 $180,931.71 0.95%
VTN 46131T101 Invesco Trust For Investment Grade NY 14,300.000 $171,743.00 0.90%
VMM 24610V103 Delaware Investments Minnesota Municipal 11,600.000 $149,640.00 0.79%
NUM 670979103 Nuveen Michigan Qual ity Municipal Income 10,000.000 $141,000.00 0.74%
JRO 6706EN100 NUVEEN FLT RATE INC OPP FD 16,400.000 $128,740.00 0.68%
FIGXX 316175108 Fidelity Investments Money Market Funds 107,716.300 $107,716.30 0.57%
NBO 64124K102 Neuberger Berman New York Intermediate M 8,900.000 $103,596.00 0.54%
VLT 46131F101 INVESCO HIGH INCOME TRUST II 8,000.000 $96,800.00 0.51%
NKG 67072B107 Nuveen Georgia Quali ty Municipal Income 7,600.000 $91,960.00 0.48%
BGT 091941104 BLACKROCK FLT RT INC 6,700.000 $74,437.00 0.39%
SBI 958435109 WESTERN ASSET INTERMEDIATE 8,520.000 $74,124.00 0.39%
VFL 24610T108 DELAWARE INV NATL MUNI FUND 3,500.000 $42,685.30 0.22%
NYV 670706100 Nuveen New York Municipal Value Fund 1,944.000 $27,818.64 0.15%
JLS 670735109 Nuveen Mortgage & Income 1,300.000 $24,231.61 0.13%
FCT 33733U108 First Trust Senior Floating Rate Income 1,300.000 $13,663.00 0.07%
AWF 01879R106 AllianceBernstein GL High Income 1,318.000 $13,562.22 0.07%
BSL 09256U105 Blackstone/GSO Senior Float 732.000 $9,655.08 0.05%
EAD 94987B105 WELLS FARGO INCOME OPPORTUNITIES 329.000 $2,365.51 0.01%

Totals 2,273,380.300 $19,044,179.33