Bulldog Investors, LLP

CIK

1504304

Location

SADDLE BROOK, NJ

Portfolio Value

Small $395,322,951

Diversification

Diversified

Filing Date

Global Rank

#2,978 / 8,622 ▼ 25 · as of Mar 2026

Top Industry

Asset Management 64.1%

3Y Alpha vs SPY

-9.1%

Period ended 4 months ago

Filed May 8, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+32.2%

SPY

+67.9%

Annualised alpha

-9.1%

Max drawdown

−10.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

110 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.6%

+0.1 pts

Top 5

23.9%

+0.6 pts

Top 10

39.9%

+2.2 pts

HHI

233

Diversified+14

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	85.5%	$337,941,881	98
Industrials	4.3%	$17,037,659	2
Energy	3.8%	$15,185,920	1
Real Estate	3.4%	$13,249,376	5
Consumer Defensive	1.8%	$7,200,848	1
Consumer Cyclical	0.9%	$3,434,331	1
Unclassified	0.3%	$1,272,936	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
HEQ	John Hancock Diversified Income Fund	+176,527	558,291	$6,063,040
BPRE	Bluerock Private Real Estate Fund	+130,515	373,019	$6,195,845
DMB	BNY Mellon Municipal Bond Infrastructure Fund, Inc.	+120,446	520,749	$5,488,694
DYOR	Insight Digital Partners II	+117,290	323,088	$3,216,341
NWFL	Norwood Financial Corp	+105,855	170,000	$5,001,400
OBDC	Blue Owl Capital Corp	+100,094	338,369	$3,742,361
LEO	Bny Mellon Strategic Municipals, Inc.	+95,859	1,576,371	$9,915,373
IHD	Voya Emerging Markets High Dividend Equity Fund	+81,985	982,438	$6,543,037
DSM	Bny Mellon Strategic Municipal Bond Fund, Inc.	+65,851	3,373,942	$20,277,391
OTF	Blue Owl Technology Finance Corp.	+60,013	675,861	$8,373,917
HVMC	Highview Merger Corp.	+59,302	219,965	$2,210,648
NCDL	Nuveen Churchill Direct Lending Corp.	+51,410	224,822	$2,859,735
GLO	Clough Global Opportunities Fund	+45,152	619,001	$3,447,835
GLQ	Clough Global Equity Fund	+44,450	171,906	$1,294,452
STEW	SRH Total Return Fund, Inc.	+43,759	1,287,582	$22,017,652
ICMB	Investcorp Credit Management BDC, Inc.	+42,583	596,780	$966,783
SPEG	Silver Pegasus Acquisition Corp.	+38,372	235,959	$2,402,062
GF	New Germany Fund Inc	+30,817	532,074	$5,437,796
VNME	Vendome Acquisition Corp I	+25,958	237,392	$2,392,911
FSK	FS KKR Capital Corp	+19,336	505,688	$5,147,903
BBDC	Barings BDC, Inc.	+17,597	334,904	$2,756,259
IAE	Voya Asia Pacific High Dividend Equity Income Fund	+16,352	441,260	$3,252,086
TLNC	Talon Capital Corp.	+15,247	169,247	$1,726,319
MRCC	MONROE CAPITAL Corp	+11,972	966,788	$4,447,224
BCSS	Bain Capital GSS Investment Corp.	+11,662	308,241	$3,116,932
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
XFLT	XAI Floating Rate & Alternative Income Trust	−321,433	186,930	$3,211,457
SIMA	SIM Acquisition Corp. I	−214,660	200,000	$2,144,000
CNNE	Cannae Holdings, Inc.	−154,139	302,052	$3,434,331
GRAF-UN	Graf Global Corp.	−127,987	100,000	$1,071,000
SWZ	Total Return Securities Fund	−122,116	39,787	$235,936
CCIF	Carlyle Credit Income Fund	−117,581	219,660	$705,108
JOF	Japan Smaller Capitalization Fund Inc	−113,260	104,181	$1,135,572
UTF	Cohen & Steers Infrastructure Fund Inc	−90,259	10,744	$278,054
AIIA	AI Infrastructure Acquisition Corp.	−77,275	139,485	$1,399,034
CMU	Mfs High Yield Municipal Trust	−61,925	3,531,732	$12,643,600
RANG	Range Capital Acquisition Corp.	−43,580	100,000	$1,052,000
ECF	Ellsworth Growth & Income Fund Ltd	−39,223	228,613	$2,549,034
FERA	Fifth Era Acquisition Corp I	−21,408	50,953	$524,815
CXH	Mfs Investment Grade Municipal Trust	−16,847	1,184,498	$9,464,139
TAVI	Tavia Acquisition Corp.	−15,051	100,000	$1,056,000
GFUZ	General Fusion Group Ltd.	−11,542	207,313	$2,106,300
JENA	JENA ACQUISITION Corp II	−5,090	95,350	$974,477
GIW	GigCapital8 Corp.	−4,370	154,893	$1,544,283
LWAC	LightWave Acquisition Corp.	−3,770	257,186	$2,623,297
CCII	Cohen Circle Acquisition Corp. II	−3,754	21,246	$217,134
INAC	Indigo Acquisition Corp.	−3,443	175,036	$1,783,616
CCAQ	Collective Acquisition Corp.	−3,200	249,705	$2,579,452
OYSE	Oyster Enterprises II Acquisition Corp	−2,660	324,436	$3,299,514
RNGT	Range Capital Acquisition Corp II	−1,934	35,105	$351,050
JACS	Jackson Acquisition Co II	−1,378	408,760	$4,328,768
No positions match the current search.

New Positions

Positions the filer opened this quarter

18 positions

Ticker	Company	Shares	Value
ELME	Elme Communities	2,000,000	$4,020,000
DPG	Duff & Phelps Utility & Infrastructure Fund Inc.	176,130	$2,543,317
OIM	OneIM Acquisition Corp.	231,065	$2,301,407
FVAV	Fortress Value Acquisition Corp. V	210,841	$2,114,735
EIC	Eagle Point Income Co Inc.	217,600	$2,054,144
MEVO	M Evo Global Acquisition Corp II	206,030	$2,029,395
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	125,415	$2,015,419
BBCQ	Bleichroeder Acquisition Corp. II	157,833	$1,581,486
SVIV	Spring Valley Acquisition Corp. IV	129,860	$1,281,718
SCII	SC II Acquisition Corp.	127,704	$1,273,208
EVOX	Evolution Global Acquisition Corp	102,892	$1,024,804
BIXI	Bitcoin Infrastructure Acquisition Corp Ltd	75,000	$744,000
DHF	Bny Mellon High Yield Strategies Fund	286,989	$700,253
BDCI	BTC Development Corp.	67,060	$669,929
CRAN	Crane Harbor Acquisition Corp. II	60,685	$601,388
FMN	Federated Hermes Premier Municipal Income Fund	34,182	$373,609
CEPS	Cantor Equity Partners VI, Inc.	35,000	$353,500
DSAC	Daedalus Special Acquisition Corp.	19,968	$197,882
No positions match the current search.

Sold Out

Positions the filer fully exited

23 positions

Ticker	Company	Shares	Value
OXLC	Oxford Lane Capital Corp.	485,401	$7,106,270
DRDB	Roman DBDR Acquisition Corp. II	680,373	$7,096,290
ALF	Centurion Acquisition Corp.	354,484	$3,775,254
IIF	Morgan Stanley India Investment Fund, Inc.	144,096	$3,599,518
CUB	Lionheart Holdings	330,645	$3,514,756
BACC	Blue Acquisition Corp/Cayman	291,605	$2,977,287
BCAR	D. Boral ARC Acquisition I Corp.	275,000	$2,758,250
SZZL	Sizzle Acquisition Corp. II	167,604	$1,702,856
HDRN	Hadron Energy, Inc.	161,306	$1,700,165
LEGT	Legato Merger Corp. III	129,449	$1,408,405
DMAA	Drugs Made In America Acquisition Corp.	130,264	$1,351,358
DYNC	Dynamix Corp	130,348	$1,341,280
XRPN	Armada Acquisition Corp. II	100,000	$1,024,000
PELI	Pelican Acquisition Corp	100,000	$1,015,100
EGHA	EGH Acquisition Corp.	50,000	$506,500
CCIX	Churchill Capital Corp IX/Cayman	41,730	$443,589
APXT	Apex Treasury Corp	43,000	$425,270
IPEX	Inflection Point Acquisition Corp. V	29,182	$299,990
GTERA	Globa Terra Acquisition Corp	21,870	$220,887
AXIN	Axiom Intelligence Acquisition Corp 1	18,000	$181,080
GSRF	GSR IV Acquisition Corp.	11,410	$113,985
AFB	Alliancebernstein National Municipal Income Fund	10,474	$113,328
UCFI	CN Healthy Food Tech Group Corp.	11,243	$61,948
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

110 tracked positions · $395,322,951 total · filing declares 216 positions · $444,980,193 · as of Mar 31, 2026

All sectors Consumer Cyclical Consumer Defensive Energy Financial Services Industrials Real Estate

Showing 1–50 of 110 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
STEW	SRH Total Return Fund, Inc. Financial Services	Added	1,287,582	+43,759	$22,017,652	−4.5%	5.57%
DSM	Bny Mellon Strategic Municipal Bond Fund, Inc. Financial Services	Added	3,373,942	+65,851	$20,277,391	−0.7%	5.13%
CET	Central Securities Corp Financial Services	Added	396,467	+5,521	$19,688,551	−0.7%	4.98%
GAM	General American Investors Co Inc Financial Services	Reduced	296,450	-510	$17,333,431	−0.6%	4.38%
TPL	Texas Pacific Land Corp Energy	Added	32,000	+300	$15,185,920	+66.8%	3.84%
NBXG	Neuberger Next Generation Connectivity Fund Inc. Financial Services	Added	1,169,731	+1,605	$15,054,437	−10.8%	3.81%
TRC	Tejon Ranch Co Industrials	Added	792,535	+1,043	$14,931,359	+19.6%	3.78%
CMU	Mfs High Yield Municipal Trust Financial Services	Reduced	3,531,732	-61,925	$12,643,600	+0.2%	3.20%
CION	CION Investment Corp Financial Services	Held	1,538,071	0	$10,520,405	−29.3%	2.66%
LEO	Bny Mellon Strategic Municipals, Inc. Financial Services	Added	1,576,371	+95,859	$9,915,373	+5.3%	2.51%
CXH	Mfs Investment Grade Municipal Trust Financial Services	Reduced	1,184,498	-1,400,942	$9,464,139	−54.0%	2.39%
OTF	Blue Owl Technology Finance Corp. Financial Services	Added	675,861	+60,013	$8,373,917	−6.5%	2.12%
RWAY	Runway Growth Finance Corp. Financial Services	Reduced	1,200,129	-743	$8,244,886	−23.1%	2.09%
GDV	Gabelli Dividend & Income Trust Financial Services	Reduced	299,891	-695	$8,076,064	−3.2%	2.04%
VLGEA	Village Super Market Inc Consumer Defensive	Held	170,515	0	$7,200,848	+19.3%	1.82%
ALX	Alexanders Inc Real Estate	Held	28,000	0	$6,613,600	+8.4%	1.67%
IHD	Voya Emerging Markets High Dividend Equity Fund Financial Services	Reduced	982,438	-816,413	$6,543,037	−42.0%	1.66%
BPRE	Bluerock Private Real Estate Fund Financial Services	Added	373,019	+130,515	$6,195,845	+70.3%	1.57%
HEQ	John Hancock Diversified Income Fund Financial Services	Added	558,291	+176,527	$6,063,040	+47.7%	1.53%
CCAP	Crescent Capital BDC, Inc. Financial Services	Reduced	456,955	-563	$5,552,003	−13.6%	1.40%
DMB	BNY Mellon Municipal Bond Infrastructure Fund, Inc. Financial Services	Added	520,749	+120,446	$5,488,694	+24.8%	1.39%
GF	New Germany Fund Inc Financial Services	Added	532,074	+30,817	$5,437,796	−5.0%	1.38%
FSK	FS KKR Capital Corp Financial Services	Added	505,688	+19,336	$5,147,903	−28.5%	1.30%
NWFL	Norwood Financial Corp Financial Services	Added	170,000	+105,855	$5,001,400	+178.0%	1.27%
CB	Chubb Ltd Financial Services	Held	14,000	0	$4,563,020	+4.4%	1.15%
MRCC	MONROE CAPITAL Corp Financial Services	Added	966,788	+11,972	$4,447,224	−26.9%	1.12%
JACS	Jackson Acquisition Co II Financial Services	Reduced	408,760	-1,378	$4,328,768	+1.3%	1.09%
ELME	Elme Communities Real Estate	NEW	2,000,000	NEW	$4,020,000	NEW	1.02%
OBDC	Blue Owl Capital Corp Financial Services	Added	338,369	+100,094	$3,742,361	+26.4%	0.95%
GLO	Clough Global Opportunities Fund Financial Services	Added	619,001	+45,152	$3,447,835	+6.2%	0.87%
CNNE	Cannae Holdings, Inc. Consumer Cyclical	Reduced	302,052	-154,139	$3,434,331	−52.1%	0.87%
GDL	Gdl Fund Financial Services	Reduced	409,748	-174	$3,413,200	−1.7%	0.86%
OYSE	Oyster Enterprises II Acquisition Corp Financial Services	Reduced	324,436	-2,660	$3,299,514	−0.2%	0.83%
IAE	Voya Asia Pacific High Dividend Equity Income Fund Financial Services	Added	441,260	+16,352	$3,252,086	+5.1%	0.82%
DYOR	Insight Digital Partners II Financial Services	Added	323,088	+117,290	$3,216,341	+57.7%	0.81%
XFLT	XAI Floating Rate & Alternative Income Trust Financial Services	Reduced	186,930	-321,433	$3,211,457	+31.6%	0.81%
BEAG	Bold Eagle Acquisition Corp. Financial Services	Reduced	301,986	-1,070	$3,187,462	−0.6%	0.81%
BCSS	Bain Capital GSS Investment Corp. Financial Services	Added	308,241	+11,662	$3,116,932	+4.3%	0.79%
NCDL	Nuveen Churchill Direct Lending Corp. Financial Services	Added	224,822	+51,410	$2,859,735	+23.6%	0.72%
BCIC	BCP Investment Corp Financial Services	Held	378,412	0	$2,845,658	−36.4%	0.72%
BBDC	Barings BDC, Inc. Financial Services	Added	334,904	+17,597	$2,756,259	−5.4%	0.70%
LWAC	LightWave Acquisition Corp. Financial Services	Reduced	257,186	-3,770	$2,623,297	+0.2%	0.66%
CCAQ	Collective Acquisition Corp. Financial Services	Reduced	249,705	-3,200	$2,579,452	−0.2%	0.65%
ECF	Ellsworth Growth & Income Fund Ltd Financial Services	Reduced	228,613	-39,223	$2,549,034	−18.2%	0.64%
DPG	Duff & Phelps Utility & Infrastructure Fund Inc. Financial Services	NEW	176,130	NEW	$2,543,317	NEW	0.64%
SPEG	Silver Pegasus Acquisition Corp. Financial Services	Added	235,959	+38,372	$2,402,062	+20.7%	0.61%
VNME	Vendome Acquisition Corp I Financial Services	Added	237,392	+25,958	$2,392,911	+12.8%	0.61%
OIM	OneIM Acquisition Corp. Financial Services	NEW	231,065	NEW	$2,301,407	NEW	0.58%
WENN	WEN Acquisition Corp Financial Services	Held	218,562	0	$2,224,961	+0.8%	0.56%
HVMC	Highview Merger Corp. Financial Services	Added	219,965	+59,302	$2,210,648	+37.6%	0.56%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.