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

-10.2%

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 51–100 of 107 positions by value · page 2 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VACI	Viking Acquisition Corp I Financial Services	Held	200,000	0	$1,986,000	+0.3%	0.51%
MKLY	McKinley Acquisition Corp Financial Services	Held	200,000	0	$2,006,000	+0.6%	0.52%
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund Financial Services	NEW	125,415	NEW	$2,015,419	NEW	0.52%
MEVO	M Evo Global Acquisition Corp II Financial Services	NEW	206,030	NEW	$2,029,395	NEW	0.52%
EIC	Eagle Point Income Co Inc. Financial Services	NEW	217,600	NEW	$2,054,144	NEW	0.53%
SVAC	Spring Valley Acquisition Corp. III Financial Services	Reduced	207,313	-11,542	$2,106,300	−5.2%	0.54%
FVAV	Fortress Value Acquisition Corp. V Financial Services	NEW	210,841	NEW	$2,114,735	NEW	0.54%
SIMA	SIM Acquisition Corp. I Financial Services	Reduced	200,000	-214,660	$2,144,000	−51.2%	0.55%
PGR	Progressive Corp/Oh/ Financial Services	Added	11,000	+3,000	$2,180,640	+19.7%	0.56%
HVMC	Highview Merger Corp. Financial Services	Added	219,965	+59,302	$2,210,648	+37.6%	0.57%
OIM	OneIM Acquisition Corp. Financial Services	NEW	231,065	NEW	$2,301,407	NEW	0.59%
VNME	Vendome Acquisition Corp I Financial Services	Added	237,392	+25,958	$2,392,911	+12.8%	0.61%
SPEG	Silver Pegasus Acquisition Corp. Financial Services	Added	235,959	+38,372	$2,402,062	+20.7%	0.62%
DPG	Duff & Phelps Utility & Infrastructure Fund Inc. Financial Services	NEW	176,130	NEW	$2,543,317	NEW	0.65%
ECF	Ellsworth Growth & Income Fund Ltd Financial Services	Reduced	228,613	-39,223	$2,549,034	−18.2%	0.65%
CCAQ	Collective Acquisition Corp. Financial Services	Reduced	249,705	-3,200	$2,579,452	−0.2%	0.66%
LWAC	LightWave Acquisition Corp. Financial Services	Reduced	257,186	-3,770	$2,623,297	+0.2%	0.67%
BBDC	Barings BDC, Inc. Financial Services	Added	334,904	+17,597	$2,756,259	−5.4%	0.71%
BCIC	BCP Investment Corp Financial Services	Held	378,412	0	$2,845,658	−36.4%	0.73%
NCDL	Nuveen Churchill Direct Lending Corp. Financial Services	Added	224,822	+51,410	$2,859,735	+23.6%	0.73%
BCSS	Bain Capital GSS Investment Corp. Financial Services	Added	308,241	+11,662	$3,116,932	+4.3%	0.80%
BEAG	Bold Eagle Acquisition Corp. Financial Services	Reduced	301,986	-1,070	$3,187,462	−0.6%	0.82%
DYOR	Insight Digital Partners II Financial Services	Added	323,088	+117,290	$3,216,341	+57.7%	0.83%
IAE	Voya Asia Pacific High Dividend Equity Income Fund Financial Services	Added	441,260	+16,352	$3,252,086	+5.1%	0.84%
OYSE	Oyster Enterprises II Acquisition Corp Financial Services	Reduced	324,436	-2,660	$3,299,514	−0.2%	0.85%
GDL	Gdl Fund Financial Services	Reduced	409,748	-174	$3,413,200	−1.7%	0.88%
CNNE	Cannae Holdings, Inc. Consumer Cyclical	Reduced	302,052	-154,139	$3,434,331	−52.1%	0.88%
GLO	Clough Global Opportunities Fund Financial Services	Added	619,001	+45,152	$3,447,835	+6.2%	0.89%
OBDC	Blue Owl Capital Corp Financial Services	Added	338,369	+100,094	$3,742,361	+26.4%	0.96%
ELME	Elme Communities Real Estate	NEW	2,000,000	NEW	$4,020,000	NEW	1.03%
JACS	Jackson Acquisition Co II Financial Services	Reduced	408,760	-1,378	$4,328,768	+1.3%	1.11%
MRCC	MONROE CAPITAL Corp Financial Services	Added	966,788	+11,972	$4,447,224	−26.9%	1.14%
CB	Chubb Ltd Financial Services	Held	14,000	0	$4,563,020	+4.4%	1.17%
NWFL	Norwood Financial Corp Financial Services	Added	170,000	+105,855	$5,001,400	+178.0%	1.28%
FSK	FS KKR Capital Corp Financial Services	Added	505,688	+19,336	$5,147,903	−28.5%	1.32%
GF	New Germany Fund Inc Financial Services	Added	532,074	+30,817	$5,437,796	−5.0%	1.40%
DMB	BNY Mellon Municipal Bond Infrastructure Fund, Inc. Financial Services	Added	520,749	+120,446	$5,488,694	+24.8%	1.41%
CCAP	Crescent Capital BDC, Inc. Financial Services	Reduced	456,955	-563	$5,552,003	−13.6%	1.43%
HEQ	John Hancock Diversified Income Fund Financial Services	Added	558,291	+176,527	$6,063,040	+47.7%	1.56%
BPRE	Bluerock Private Real Estate Fund Financial Services	Added	373,019	+130,515	$6,195,845	+70.3%	1.59%
IHD	Voya Emerging Markets High Dividend Equity Fund Financial Services	Reduced	982,438	-816,413	$6,543,037	−42.0%	1.68%
ALX	Alexanders Inc Real Estate	Held	28,000	0	$6,613,600	+8.4%	1.70%
VLGEA	Village Super Market Inc Consumer Defensive	Held	170,515	0	$7,200,848	+19.3%	1.85%
GDV	Gabelli Dividend & Income Trust Financial Services	Reduced	299,891	-695	$8,076,064	−3.2%	2.07%
RWAY	Runway Growth Finance Corp. Financial Services	Reduced	1,200,129	-743	$8,244,886	−23.1%	2.12%
OTF	Blue Owl Technology Finance Corp. Financial Services	Added	675,861	+60,013	$8,373,917	−6.5%	2.15%
CXH	Mfs Investment Grade Municipal Trust Financial Services	Reduced	1,184,498	-1,400,942	$9,464,139	−54.0%	2.43%
LEO	Bny Mellon Strategic Municipals, Inc. Financial Services	Added	1,576,371	+95,859	$9,915,373	+5.3%	2.55%
CION	CION Investment Corp Financial Services	Held	1,538,071	0	$10,520,405	−29.3%	2.70%
CMU	Mfs High Yield Municipal Trust Financial Services	Reduced	3,531,732	-61,925	$12,643,600	+0.2%	3.25%