Bulldog Investors, LLP

CIK

1504304

Location

SADDLE BROOK, NJ

Portfolio Value

Small $389,390,533

Diversification

Diversified

Filing Date

Global Rank

#3,012 / 8,586 ▼ 93

Top Industry

Asset Management 64.2%

3Y Alpha vs SPY

-10.1%

Period ended 3 months ago

Filed May 8, 2026 · 39d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+36.9%

SPY

+78.1%

Annualised alpha

-10.2%

Max drawdown

−10.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

5.7%

+0.2 pts

Top 5

24.3%

+1.4 pts

Top 10

40.5%

+2.8 pts

HHI

239

Diversified+20

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	85.8%	$334,115,763	96
Energy	3.9%	$15,185,920	1
Industrials	3.8%	$14,931,359	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
SIMA	SIM Acquisition Corp. I	−214,660	200,000	$2,144,000
CNNE	Cannae Holdings, Inc.	−154,139	302,052	$3,434,331
GRAF	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
SVAC	Spring Valley Acquisition Corp. III	−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
DMA	Destra Multi-Alternative Fund	−1,106	126,112	$1,022,768
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

24 positions

Ticker	Company	Shares	Value
XFLT	XAI Octagon Floating Rate & Alternative Income Trust	508,363	$12,200,712
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

107 positions · $389,390,533 total · as of Mar 31, 2026

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

Showing 1–50 of 107 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
HFRO	Highland Opportunities & Income Fund Financial Services	Held	10,715	0	$61,182	−4.5%	0.02%
PCF	High Income Securities Fund Financial Services	Added	13,961	+3,256	$77,064	+17.1%	0.02%
OACC	Oaktree Acquisition Corp. III Life Sciences Financial Services	Held	13,500	0	$142,830	0.0%	0.04%
DSAC	Daedalus Special Acquisition Corp. Financial Services	NEW	19,968	NEW	$197,882	NEW	0.05%
OFS	OFS Capital Corp Financial Services	Held	57,639	0	$204,618	−25.4%	0.05%
CCII	Cohen Circle Acquisition Corp. II Financial Services	Reduced	21,246	-3,754	$217,134	−15.2%	0.06%
SWZ	Total Return Securities Fund	Reduced	39,787	-122,116	$235,936	−76.6%	0.06%
UTF	Cohen & Steers Infrastructure Fund Inc Financial Services	Reduced	10,744	-90,259	$278,054	−88.6%	0.07%
RNGT	Range Capital Acquisition Corp II Financial Services	Reduced	35,105	-1,934	$351,050	−5.0%	0.09%
CEPS	Cantor Equity Partners VI, Inc. Financial Services	NEW	35,000	NEW	$353,500	NEW	0.09%
FMN	Federated Hermes Premier Municipal Income Fund Financial Services	NEW	34,182	NEW	$373,609	NEW	0.10%
RDAG	Republic Digital Acquisition Co Financial Services	Reduced	47,364	-636	$484,533	−0.3%	0.12%
GYRO	Gyrodyne, LLC Real Estate	Held	60,000	0	$487,800	−12.0%	0.13%
FERA	Fifth Era Acquisition Corp I Financial Services	Reduced	50,953	-21,408	$524,815	−29.5%	0.13%
ALDF	Aldel Financial II Inc. Financial Services	Held	56,940	0	$601,286	+0.7%	0.15%
CRAN	Crane Harbor Acquisition Corp. II Financial Services	NEW	60,685	NEW	$601,388	NEW	0.15%
BDCI	BTC Development Corp. Financial Services	NEW	67,060	NEW	$669,929	NEW	0.17%
DHF	Bny Mellon High Yield Strategies Fund Financial Services	NEW	286,989	NEW	$700,253	NEW	0.18%
CCIF	Carlyle Credit Income Fund Financial Services	Reduced	219,660	-117,581	$705,108	−55.4%	0.18%
BIXI	Bitcoin Infrastructure Acquisition Corp Ltd Financial Services	NEW	75,000	NEW	$744,000	NEW	0.19%
PFX	PhenixFIN Corp Financial Services	Held	19,218	0	$750,655	−11.6%	0.19%
HHH	Howard Hughes Holdings Inc. Real Estate	Held	12,000	0	$759,120	−20.7%	0.19%
BCV	Bancroft Fund Ltd Financial Services	Held	39,448	0	$849,709	−2.5%	0.22%
ICMB	Investcorp Credit Management BDC, Inc. Financial Services	Added	596,780	+42,583	$966,783	−35.4%	0.25%
JENA	JENA ACQUISITION Corp II Financial Services	Reduced	95,350	-5,090	$974,477	−4.6%	0.25%
MBVI	M3-Brigade Acquisition VI Corp. Financial Services	Held	100,000	0	$1,005,000	+0.5%	0.26%
FIGX	FIGX Capital Acquisition Corp. Financial Services	Held	100,090	0	$1,010,909	+0.4%	0.26%
CRAQ	Cal Redwood Acquisition Corp. Financial Services	Held	100,000	0	$1,015,000	+0.1%	0.26%
DMA	Destra Multi-Alternative Fund Financial Services	Reduced	126,112	-1,106	$1,022,768	−10.4%	0.26%
EVOX	Evolution Global Acquisition Corp Financial Services	NEW	102,892	NEW	$1,024,804	NEW	0.26%
CHPG	ChampionsGate Acquisition Corp Financial Services	Held	100,000	0	$1,025,000	+0.6%	0.26%
COPL	Copley Acquisition Corp Financial Services	Held	100,000	0	$1,032,000	+0.5%	0.27%
NHIC	NewHold Investment Corp. III	Held	100,000	0	$1,037,000	+0.0%	0.27%
RANG	Range Capital Acquisition Corp. Financial Services	Reduced	100,000	-43,580	$1,052,000	−29.7%	0.27%
TAVI	Tavia Acquisition Corp. Financial Services	Reduced	100,000	-15,051	$1,056,000	−12.0%	0.27%
GRAF	Graf Global Corp. Financial Services	Reduced	100,000	-127,987	$1,071,000	−56.3%	0.28%
JOF	Japan Smaller Capitalization Fund Inc Financial Services	Reduced	104,181	-113,260	$1,135,572	−52.9%	0.29%
SCII	SC II Acquisition Corp. Financial Services	NEW	127,704	NEW	$1,273,208	NEW	0.33%
SVIV	Spring Valley Acquisition Corp. IV Financial Services	NEW	129,860	NEW	$1,281,718	NEW	0.33%
GLQ	Clough Global Equity Fund Financial Services	Added	171,906	+44,450	$1,294,452	+32.6%	0.33%
MXE	Mexico Equity & Income Fund Inc Financial Services	Held	101,158	0	$1,304,938	+4.2%	0.34%
NXDT	Nexpoint Diversified Real Estate Trust Real Estate	Reduced	293,117	-2	$1,368,856	+21.9%	0.35%
AIIA	AI Infrastructure Acquisition Corp. Financial Services	Reduced	139,485	-77,275	$1,399,034	−35.1%	0.36%
TACH	Titan Acquisition Corp. Financial Services	Held	150,000	0	$1,543,500	+0.4%	0.40%
GIW	GigCapital8 Corp. Financial Services	Reduced	154,893	-4,370	$1,544,283	−2.0%	0.40%
BBCQ	Bleichroeder Acquisition Corp. II Financial Services	NEW	157,833	NEW	$1,581,486	NEW	0.41%
CXE	Mfs High Income Municipal Trust Financial Services	Held	449,633	0	$1,668,138	+0.3%	0.43%
EVAC	EQV Ventures Acquisition Corp. II Financial Services	Reduced	166,545	-1,000	$1,680,439	−0.0%	0.43%
TLNC	Talon Capital Corp. Financial Services	Added	169,247	+15,247	$1,726,319	+10.9%	0.44%
INAC	Indigo Acquisition Corp. Financial Services	Reduced	175,036	-3,443	$1,783,616	−0.6%	0.46%