#	Ticker ↕	Name ↕	Weight ↓	Shares ↕	Mkt Value ↕	Share Chg	Sector	Industry
1	VRIG	Invesco Variable Rate Investment Grade ETF	3.75%	93,344	$2.34M	••••••	••••••••	••••••••
2	ETG	Eaton Vance Tax-advantaged Global Dividend	3.55%	100,974	$2.22M	••••••	••••••••	••••••••
3	EVT	Evotec Se /Eur/	3.29%	83,689	$2.06M	••••••	••••••••	••••••••
4	ETO	Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund	3.26%	71,997	$2.04M	••••••	••••••••	••••••••
5	HTD	John Hancock Tax Advantaged Dividend	3.25%	81,755	$2.03M	••••••	••••••••	••••••••
6	ASGI	Aberdeen Standard Global Infrastructure Income Fund	3.16%	96,187	$1.98M	••••••	••••••••	••••••••
7	GDV	Gabelli Dividend & Income Trust	2.98%	69,398	$1.86M	••••••	••••••••	••••••••
8	FSCO	Fs Credit Opportunities Corp	2.82%	276,970	$1.77M	••••••	••••••••	••••••••
9	SOR	Source Capital	2.78%	38,375	$1.74M	••••••	••••••••	••••••••
10	BST	Blackrock Science & Technology Trust	2.78%	40,520	$1.74M	••••••	••••••••	••••••••
11	UTF	Cohen & Steers, Inc.	2.74%	72,120	$1.71M	••••••	••••••••	••••••••
12	THQ	Tekla Healthcare Opportunities	2.46%	87,253	$1.54M	••••••	••••••••	••••••••
13	WIW	Western Asset/Claymore Inflation-Linked Opportunity	2.45%	174,479	$1.53M	••••••	••••••••	••••••••
14	TY	Tri Continental Corp.	2.44%	44,751	$1.53M	••••••	••••••••	••••••••
15	FINS	Angel Oak Financial Strategies	2.25%	107,389	$1.41M	••••••	••••••••	••••••••
16	NRGX	Pimco Energy & Tactical Credit Opportunities Fund	2.25%	63,747	$1.41M	••••••	••••••••	••••••••
17	NPFD	Nuveen Variable Rate Preferred & Income Fund	2.25%	70,844	$1.41M	••••••	••••••••	••••••••
18	WDI	Western Asset Diversified Income Fund	2.20%	95,994	$1.38M	••••••	••••••••	••••••••
19	CET	Central Securities Corp	2.14%	26,098	$1.34M	••••••	••••••••	••••••••
20	RA	Brookfield Real Assets Income	2.01%	95,598	$1.26M	••••••	••••••••	••••••••
21	XUTGX	Reaves Utility Income Fund	1.99%	32,915	$1.25M	••••••	••••••••	••••••••
22	GHY	Pgim Global High Yield Fd	1.99%	99,887	$1.25M	••••••	••••••••	••••••••
23	BCAT	Blackrock Capital Allocation Term Trust	1.92%	82,230	$1.20M	••••••	••••••••	••••••••
24	GAM	General American Investors Company, Inc.	1.90%	18,919	$1.19M	••••••	••••••••	••••••••
25	JPC	Nuveen Preferred & Income Opportunities Fund	1.73%	132,788	$1.08M	••••••	••••••••	••••••••
26	RVT	Royce Value Trust, Inc.	1.69%	66,442	$1.06M	••••••	••••••••	••••••••
27	CII	BlackRock Enhanced Capital and Income Fund, Inc.	1.58%	40,787	$991.1K	••••••	••••••••	••••••••
28	NMAI	Nuveen Multi-Asset Income Fund	1.53%	72,611	$959.9K	••••••	••••••••	••••••••
29	QQQX	Nuveen Nasdaq 100 Dynamic Overwrite Fund	1.50%	33,383	$940.4K	••••••	••••••••	••••••••
30	PDT	JohnHancockPremiumDividendFund	1.48%	71,265	$922.9K	••••••	••••••••	••••••••
31	PEO	Adams Natural Resources Fund, Inc.	1.41%	41,406	$880.3K	••••••	••••••••	••••••••
32	JFR	Nuveen Floating Rate Income Fund	1.27%	99,416	$792.3K	••••••	••••••••	••••••••
33	BME	Blackrock Health Sciences Trust	1.27%	20,614	$793.0K	••••••	••••••••	••••••••
34	HQL	Tekla Life Sciences Investors	1.26%	48,270	$786.8K	••••••	••••••••	••••••••
35	KYN	Kayne Anderson Mlp/midstream Investment Co.	1.25%	68,192	$782.8K	••••••	••••••••	••••••••
36	BTZ	Blackrock Credit Allocation Income Trust	1.25%	70,734	$783.0K	••••••	••••••••	••••••••
37	JQC	Nuveen Credit Strategies Income Fund	1.24%	151,426	$776.8K	••••••	••••••••	••••••••
38	DPG	Duff & Phelps Global Utility Income Fund, Inc.	1.23%	59,826	$768.2K	••••••	••••••••	••••••••
39	XBITX	Blackrock Multi Sector Income Fund	1.19%	56,402	$744.5K	••••••	••••••••	••••••••
40	XJRIX	Nuveen Real Asset Income And Growth Fund	1.10%	49,978	$688.2K	••••••	••••••••	••••••••
41	EVG	Eaton Vance Short Duration Diversified Income Fu	1.05%	59,394	$653.9K	••••••	••••••••	••••••••
42	AIO	Virtus Allianzgi Artificial Intelligence & Technology Opportunities Fund	1.02%	26,345	$635.7K	••••••	••••••••	••••••••
43	PDO	Pimco Dynamic Income Opportunities Fund	1.02%	45,993	$638.8K	••••••	••••••••	••••••••
44	BGB	Blackstone Gso Strategic Credit Closed Fund	1.01%	53,375	$629.8K	••••••	••••••••	••••••••
45	RQI	Cohen & Steers Quality Income Realty Fund	0.97%	50,717	$607.1K	••••••	••••••••	••••••••
46	NBB	Nuveen Taxable Municipal Incom	0.97%	37,022	$604.9K	••••••	••••••••	••••••••
47	BCX	Blackrock Resources & Commodities Strategy Trust	0.76%	48,377	$476.0K	••••••	••••••••	••••••••
48	HQH	Abrdn Healthcare Investors	0.72%	24,951	$451.4K	••••••	••••••••	••••••••
49	BKGI	Bny Mellon Global Infrastructure Income Etf	0.50%	7,893	$314.7K	••••••	••••••••	••••••••
50	BUI	Blackrock Utility & Infrastructure Trust	0.50%	12,139	$315.0K	••••••	••••••••	••••••••

Page 1 of 2

FCEF Holdings

58 of 59 holdings

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1
Invesco Variable Rate Investment Grade ETF
VRIGFinancials
3.75%
2
Eaton Vance Tax-advantaged Global Dividend
ETGFinancials
3.55%
3
Evotec Se /Eur/
EVTFinancials
3.29%
4
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund
ETOFinancials
3.26%
5
John Hancock Tax Advantaged Dividend
HTDFinancials
3.25%
6
Aberdeen Standard Global Infrastructure Income Fund
ASGIFinancials
3.16%
7
Gabelli Dividend & Income Trust
GDVFinancials
2.98%
8
Fs Credit Opportunities Corp
FSCOFinancials
2.82%
9
Source Capital
SORFinancials
2.78%
10
Blackrock Science & Technology Trust
BSTFinancials
2.78%
11
Cohen & Steers, Inc.
UTFFinancials
2.74%
12
Tekla Healthcare Opportunities
THQFinancials
2.46%
13
Western Asset/Claymore Inflation-Linked Opportunity
WIWFinancials
2.45%
14
Tri Continental Corp.
TYReal Estate
2.44%
15
Angel Oak Financial Strategies
FINSFinancials
2.25%
16
Pimco Energy & Tactical Credit Opportunities Fund
NRGXFinancials
2.25%
17
Nuveen Variable Rate Preferred & Income Fund
NPFDFinancials
2.25%
18
Western Asset Diversified Income Fund
WDIFinancials
2.20%
19
Central Securities Corp
CETFinancials
2.14%
20
Brookfield Real Assets Income
RAFinancials
2.01%
21
Reaves Utility Income Fund
XUTGXFinancials
1.99%
22
Pgim Global High Yield Fd
GHYFinancials
1.99%
23
Blackrock Capital Allocation Term Trust
BCATFinancials
1.92%
24
General American Investors Company, Inc.
GAMFinancials
1.90%
25
Nuveen Preferred & Income Opportunities Fund
JPCFinancials
1.73%
26
Royce Value Trust, Inc.
RVTFinancials
1.69%
27
BlackRock Enhanced Capital and Income Fund, Inc.
CIIFinancials
1.58%
28
Nuveen Multi-Asset Income Fund
NMAIFinancials
1.53%
29
Nuveen Nasdaq 100 Dynamic Overwrite Fund
QQQXFinancials
1.50%
30
JohnHancockPremiumDividendFund
PDTFinancials
1.48%
31
Adams Natural Resources Fund, Inc.
PEOFinancials
1.41%
32
Nuveen Floating Rate Income Fund
JFRFinancials
1.27%
33
Blackrock Health Sciences Trust
BMEFinancials
1.27%
34
Tekla Life Sciences Investors
HQLFinancials
1.26%
35
Kayne Anderson Mlp/midstream Investment Co.
KYNFinancials
1.25%
36
Blackrock Credit Allocation Income Trust
BTZFinancials
1.25%
37
Nuveen Credit Strategies Income Fund
JQCFinancials
1.24%
38
Duff & Phelps Global Utility Income Fund, Inc.
DPGFinancials
1.23%
39
Blackrock Multi Sector Income Fund
XBITXFinancials
1.19%
40
Nuveen Real Asset Income And Growth Fund
XJRIXFinancials
1.10%
41
Eaton Vance Short Duration Diversified Income Fu
EVGFinancials
1.05%
42
Virtus Allianzgi Artificial Intelligence & Technology Opportunities Fund
AIOFinancials
1.02%
43
Pimco Dynamic Income Opportunities Fund
PDOFinancials
1.02%
44
Blackstone Gso Strategic Credit Closed Fund
BGBFinancials
1.01%
45
Cohen & Steers Quality Income Realty Fund
RQIReal Estate
0.97%
46
Nuveen Taxable Municipal Incom
NBBFinancials
0.97%
47
Blackrock Resources & Commodities Strategy Trust
BCXFinancials
0.76%
48
Abrdn Healthcare Investors
HQHFinancials
0.72%
49
Bny Mellon Global Infrastructure Income Etf
BKGIFinancials
0.50%
50
Blackrock Utility & Infrastructure Trust
BUIFinancials
0.50%
51
Nuveen Mortgage Opportunity Term Fund
JLSFinancials
0.49%
52
Doubleline Yield Opportunities Fund
DLYFinancials
0.49%
53
Royce Micro Cap Closed Fund
RMTFinancials
0.48%
54
Western Asset High Income Opportunity Fund, Inc.
HIOFinancials
0.48%
55
Pimco Access Income Fund Shs Benfin Int
PAXSFinancials
0.40%
56
Bancroft Fund Ltd.
XBCVXUnknown
0.26%
57
BlackRock Income Fund
BKTFinancials
0.25%
58
Bny Cash Reserve
NMFUnknown
0.24%

#	Company	Ticker	Weight
1	Invesco Variable Rate Investment Grade ETF	VRIG	3.750%
2	Eaton Vance Tax-advantaged Global Dividend	ETG	3.550%
3	Evotec Se /Eur/	EVT	3.290%
4	Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund	ETO	3.260%
5	John Hancock Tax Advantaged Dividend	HTD	3.250%
6	Aberdeen Standard Global Infrastructure Income Fund	ASGI	3.160%
7	Gabelli Dividend & Income Trust	GDV	2.980%
8	Fs Credit Opportunities Corp	FSCO	2.820%
9	Source Capital	SOR	2.780%
10	Blackrock Science & Technology Trust	BST	2.780%
11	Cohen & Steers, Inc.	UTF	2.740%
12	Tekla Healthcare Opportunities	THQ	2.460%
13	Western Asset/Claymore Inflation-Linked Opportunity	WIW	2.450%
14	Tri Continental Corp.	TY	2.440%
15	Angel Oak Financial Strategies	FINS	2.250%
16	Pimco Energy & Tactical Credit Opportunities Fund	NRGX	2.250%
17	Nuveen Variable Rate Preferred & Income Fund	NPFD	2.250%
18	Western Asset Diversified Income Fund	WDI	2.200%
19	Central Securities Corp	CET	2.140%
20	Brookfield Real Assets Income	RA	2.010%
21	Reaves Utility Income Fund	XUTGX	1.990%
22	Pgim Global High Yield Fd	GHY	1.990%
23	Blackrock Capital Allocation Term Trust	BCAT	1.920%
24	General American Investors Company, Inc.	GAM	1.900%
25	Nuveen Preferred & Income Opportunities Fund	JPC	1.730%
26	Royce Value Trust, Inc.	RVT	1.690%
27	BlackRock Enhanced Capital and Income Fund, Inc.	CII	1.580%
28	Nuveen Multi-Asset Income Fund	NMAI	1.530%
29	Nuveen Nasdaq 100 Dynamic Overwrite Fund	QQQX	1.500%
30	JohnHancockPremiumDividendFund	PDT	1.480%
31	Adams Natural Resources Fund, Inc.	PEO	1.410%
32	Nuveen Floating Rate Income Fund	JFR	1.270%
33	Blackrock Health Sciences Trust	BME	1.270%
34	Tekla Life Sciences Investors	HQL	1.260%
35	Kayne Anderson Mlp/midstream Investment Co.	KYN	1.250%
36	Blackrock Credit Allocation Income Trust	BTZ	1.250%
37	Nuveen Credit Strategies Income Fund	JQC	1.240%
38	Duff & Phelps Global Utility Income Fund, Inc.	DPG	1.230%
39	Blackrock Multi Sector Income Fund	XBITX	1.190%
40	Nuveen Real Asset Income And Growth Fund	XJRIX	1.100%
41	Eaton Vance Short Duration Diversified Income Fu	EVG	1.050%
42	Virtus Allianzgi Artificial Intelligence & Technology Opportunities Fund	AIO	1.020%
43	Pimco Dynamic Income Opportunities Fund	PDO	1.020%
44	Blackstone Gso Strategic Credit Closed Fund	BGB	1.010%
45	Cohen & Steers Quality Income Realty Fund	RQI	0.970%
46	Nuveen Taxable Municipal Incom	NBB	0.970%
47	Blackrock Resources & Commodities Strategy Trust	BCX	0.760%
48	Abrdn Healthcare Investors	HQH	0.720%
49	Bny Mellon Global Infrastructure Income Etf	BKGI	0.500%
50	Blackrock Utility & Infrastructure Trust	BUI	0.500%
51	Nuveen Mortgage Opportunity Term Fund	JLS	0.490%
52	Doubleline Yield Opportunities Fund	DLY	0.490%
53	Royce Micro Cap Closed Fund	RMT	0.480%
54	Western Asset High Income Opportunity Fund, Inc.	HIO	0.480%
55	Pimco Access Income Fund Shs Benfin Int	PAXS	0.400%
56	Bancroft Fund Ltd.	XBCVX	0.260%
57	BlackRock Income Fund	BKT	0.250%
58	Bny Cash Reserve	NMF	0.240%