Closed-End Fund Advisors, Inc.
Filing Date
Global Rank
#8,323
/ 8,818
▼ 137
Top Industry
Asset Management
98.2%
Period ended 4 months ago
Filed Jul 27, 2026 · 3mo
3 quarters · since Dec 2025
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Unknown
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Style
Diversified active
Top 10 weight 22.6%, 83.0 effective positions, active share 98.1% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Turnover unknown
It needs four straight quarters of measured turnover
Horizon
Short horizon
Value-weighted holding period 2.9 quarters (under 4)
Closest benchmark: every 13F filer's combined book, active share 98.1%; sector active share 85.7% against the combined 13F book's sector weights.
Over time 3 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
162 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
4.3%
−0.2 pts
Top 5
13.7%
−0.5 pts
Top 10
22.6%
−0.5 pts
HHI
120
Diversified−4
Portfolio Trend
3 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 97.0% | $98,008,911 |
| Unclassified | 1.4% | $1,457,951 |
| Technology | 0.8% | $835,950 |
| Healthcare | 0.8% | $769,468 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| MFM | Aberdeen Municipal Income Fund | +191,581 | 466,837 | $2,623,623 | |
| MMT | Aberdeen Multi-Market Income Fund | +48,231 | 81,616 | $359,110 | |
| KBDC | Kayne Anderson BDC, Inc. | +42,646 | 78,501 | $1,062,118 | |
| FSSL | FS Specialty Lending Fund | +39,352 | 170,332 | $1,899,201 | |
| NCDL | Nuveen Churchill Direct Lending Corp. | +33,372 | 126,329 | $1,569,006 | |
| BPRE | Bluerock Private Real Estate Fund | +30,271 | 208,547 | $2,713,196 | |
| BGX | Blackstone Long-Short Credit Income Fund | +21,302 | 96,941 | $1,054,718 | |
| HTGC | Hercules Capital, Inc. | +19,348 | 49,193 | $775,773 | |
| BTX | BlackRock Technology & Private Equity Term Trust | +14,455 | 36,438 | $329,035 | |
| RWAY | Runway Growth Finance Corp. | +14,085 | 70,585 | $395,981 | |
| FMN | Federated Hermes Premier Municipal Income Fund | +9,283 | 61,097 | $702,004 | |
| BGY | BlackRock Enhanced International Dividend Trust | +8,531 | 91,033 | $522,529 | |
| KYN | Kayne Anderson Energy Infrastructure Fund, Inc. | +8,422 | 311,135 | $4,302,997 | |
| DMA | Destra Multi-Alternative Fund | +8,383 | 209,212 | $1,564,905 | |
| BWG | BrandywineGLOBAL-Global Income Opportunities Fund Inc | +7,607 | 30,008 | $238,263 | |
| JRS | Nuveen Real Estate Income Fund | +7,470 | 116,580 | $982,769 | |
| LIEN | Chicago Atlantic BDC, Inc. | +6,725 | 28,303 | $276,520 | |
| DFP | Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | +6,509 | 50,509 | $1,044,021 | |
| EFR | Eaton Vance Senior Floating-Rate Trust | +5,904 | 26,980 | $285,988 | |
| XFLT | XAI Floating Rate & Alternative Income Trust | +4,946 | 56,777 | $996,436 | |
| CPZ | Calamos Long/Short Equity & Dynamic Income Trust | +4,899 | 143,176 | $1,872,742 | |
| VFL | abrdn National Municipal Income Fund | +4,709 | 158,424 | $1,642,857 | |
| JRI | Nuveen Real Asset Income & Growth Fund | +3,991 | 61,800 | $800,928 | |
| TCPC | BlackRock TCP Capital Corp. | +3,985 | 58,513 | $196,603 | |
| DLY | DoubleLine Yield Opportunities Fund | +3,700 | 18,049 | $253,949 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| GUG | Guggenheim Active Allocation Fund | −26,102 | 80,586 | $1,287,764 | |
| FSCO | FS Credit Opportunities Corp. | −21,931 | 242,291 | $1,209,032 | |
| CGBD | Carlyle Secured Lending, Inc. | −20,681 | 78,104 | $822,435 | |
| BANX | ArrowMark Financial Corp. | −15,123 | 54,650 | $1,068,407 | |
| FFC | Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | −14,595 | 10,464 | $170,353 | |
| AEF | abrdn Emerging Markets ex-China Fund, Inc. | −11,208 | 63,820 | $612,672 | |
| CSWC | Capital Southwest Corp | −11,101 | 19,487 | $463,205 | |
| OTF | Blue Owl Technology Finance Corp. | −9,969 | 159,487 | $1,650,690 | |
| BXSL | Blackstone Secured Lending Fund | −9,202 | 21,784 | $516,498 | |
| SDHY | PGIM Short Duration High Yield Opportunities Fund | −9,199 | 97,293 | $1,594,632 | |
| BCAT | BlackRock Capital Allocation Term Trust | −8,873 | 10,402 | $165,703 | |
| ARCC | Ares Capital Corp | −6,459 | 19,987 | $370,359 | |
| RFMZ | RiverNorth Flexible Municipal Income Fund II, Inc. | −6,295 | 135,328 | $1,844,520 | |
| HQH | abrdn Healthcare Investors | −5,722 | 32,293 | $709,800 | |
| MHD | Blackrock Muniholdings Fund, Inc. | −5,471 | 48,441 | $576,447 | |
| ASGI | abrdn Global Infrastructure Income Fund | −4,690 | 21,126 | $491,179 | |
| PCQ | Pimco California Municipal Income Fund | −4,683 | 104,576 | $938,046 | |
| BBDC | Barings BDC, Inc. | −4,563 | 35,284 | $300,619 | |
| FAX | Abrdn Asia-Pacific Income Fund, Inc. | −4,555 | 12,002 | $176,549 | |
| GNT | GAMCO Natural Resources, Gold & Income Trust | −4,472 | 37,362 | $304,500 | |
| CCAP | Crescent Capital BDC, Inc. | −4,391 | 51,426 | $561,571 | |
| TRIN | Trinity Capital Inc. | −3,907 | 47,259 | $845,463 | |
| MEGI | NYLIM CBRE Global Infrastructure Megatrends Term Fund | −3,563 | 110,327 | $1,676,970 | |
| EOD | Allspring Global Dividend Opportunity Fund | −3,296 | 349,860 | $2,284,585 | |
| NFJ | Virtus Dividend, Interest & Premium Strategy Fund | −3,134 | 43,050 | $653,929 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
10 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| PSUS | Pershing Square USA, Ltd. | 20,735 | $775,074 | |
| TSLX | Sixth Street Specialty Lending, Inc. | 31,937 | $548,358 | |
| GS | Goldman Sachs Group Inc | 200 | $202,274 | |
| CSCO | Cisco Systems, Inc. | 1,715 | $201,443 | |
| NMZ | Nuveen Municipal High Income Opportunity Fund | 15,275 | $161,456 | |
| EIC | Eagle Point Income Co | 12,041 | $121,252 | |
| EVF | Eaton Vance Senior Income Trust | 20,046 | $99,829 | |
| HRZN | Horizon Technology Finance Corp | 10,432 | $49,343 | |
| NRO | Neuberger Real Estate Securities Income Fund Inc | 14,054 | $42,583 | |
| PIM | Franklin Master Intermediate Income Trust | 11,649 | $37,626 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
9 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CXE | Mfs High Income Municipal Trust | 274,770 | $1,019,397 | |
| ABNB | Airbnb, Inc. | 2,500 | $315,700 | |
| OCSL | Oaktree Specialty Lending Corp | 22,787 | $257,493 | |
| MCR | Mfs Charter Income Trust | 30,841 | $186,896 | |
| NXJ | NUVEEN NEW JERSEY QUALITY MUNICIPAL INCOME FUND | 10,849 | $133,443 | |
| CXH | Mfs Investment Grade Municipal Trust | 15,498 | $123,829 | |
| GDL | Gdl Fund | 11,368 | $94,695 | |
| — | 12,825 | $58,995 | ||
| CMU | Mfs High Yield Municipal Trust | 13,091 | $46,866 | |
| No positions match the current search. | ||||
162 tracked positions ·
$101,072,280 total
· filing declares
163 positions · $102,373,406
· as of Jun 30, 2026
Showing 1–50
of 162 positions by value
· page 1 of 4
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| KYN |
Kayne Anderson Energy Infrastructure Fund, Inc.
Financial Services
|
Added | 311,135 | $4,302,997 | 4.26% | |
| BPRE |
Bluerock Private Real Estate Fund
Financial Services
|
Added | 208,547 | $2,713,196 | 2.68% | |
| MFM |
Aberdeen Municipal Income Fund
Financial Services
|
Added | 466,837 | $2,623,623 | 2.60% | |
| EOD |
Allspring Global Dividend Opportunity Fund
Financial Services
|
Reduced | 349,860 | $2,284,585 | 2.26% | |
| TYG |
Tortoise Energy Infrastructure Corp
Financial Services
|
Reduced | 44,601 | $1,912,044 | 1.89% | |
| FSSL |
FS Specialty Lending Fund
Financial Services
|
Added | 170,332 | $1,899,201 | 1.88% | |
| CPZ |
Calamos Long/Short Equity & Dynamic Income Trust
Financial Services
|
Added | 143,176 | $1,872,742 | 1.85% | |
| RFMZ |
RiverNorth Flexible Municipal Income Fund II, Inc.
Financial Services
|
Reduced | 135,328 | $1,844,520 | 1.82% | |
| SABA |
Saba Capital Income & Opportunities Fund II
Financial Services
|
Added | 204,065 | $1,703,942 | 1.69% | |
| HFRO |
Highland Opportunities & Income Fund
Financial Services
|
Added | 237,067 | $1,690,287 | 1.67% | |
| MEGI |
NYLIM CBRE Global Infrastructure Megatrends Term Fund
Financial Services
|
Reduced | 110,327 | $1,676,970 | 1.66% | |
| PNI |
Pimco New York Municipal Income Fund II
Financial Services
|
Reduced | 234,876 | $1,665,270 | 1.65% | |
| OTF |
Blue Owl Technology Finance Corp.
Financial Services
|
Reduced | 159,487 | $1,650,690 | 1.63% | |
| VFL |
abrdn National Municipal Income Fund
Financial Services
|
Added | 158,424 | $1,642,857 | 1.63% | |
| SDHY |
PGIM Short Duration High Yield Opportunities Fund
Financial Services
|
Reduced | 97,293 | $1,594,632 | 1.58% | |
| NCDL |
Nuveen Churchill Direct Lending Corp.
Financial Services
|
Added | 126,329 | $1,569,006 | 1.55% | |
| DMA |
Destra Multi-Alternative Fund
Financial Services
|
Added | 209,212 | $1,564,905 | 1.55% | |
| FINS |
Angel Oak Financial Strategies Income Term Trust
Financial Services
|
Reduced | 118,848 | $1,521,254 | 1.51% | |
| RA |
Brookfield Real Assets Income Fund Inc.
Financial Services
|
Added | 116,624 | $1,502,117 | 1.49% | |
| NML |
Neuberger Energy Infrastructure & Income Fund Inc.
Financial Services
|
Added | 142,740 | $1,447,383 | 1.43% | |
| WIW |
Western Asset Inflation-Linked Opportunities & Income Fund
Financial Services
|
Added | 157,106 | $1,319,690 | 1.31% | |
| GUG |
Guggenheim Active Allocation Fund
Financial Services
|
Reduced | 80,586 | $1,287,764 | 1.27% | |
| FSCO |
FS Credit Opportunities Corp.
Financial Services
|
Reduced | 242,291 | $1,209,032 | 1.20% | |
| EMO |
ClearBridge Energy Midstream Opportunity Fund Inc.
Financial Services
|
Added | 22,885 | $1,146,538 | 1.13% | |
| BANX |
ArrowMark Financial Corp.
Financial Services
|
Reduced | 54,650 | $1,068,407 | 1.06% | |
| KBDC |
Kayne Anderson BDC, Inc.
Financial Services
|
Added | 78,501 | $1,062,118 | 1.05% | |
| BGX |
Blackstone Long-Short Credit Income Fund
Financial Services
|
Added | 96,941 | $1,054,718 | 1.04% | |
| RLTY |
Cohen & Steers Real Estate Opportunities & Income Fund
Financial Services
|
Added | 66,771 | $1,050,975 | 1.04% | |
| DFP |
Flaherty & Crumrine Dynamic Preferred & Income Fund Inc
Financial Services
|
Added | 50,509 | $1,044,021 | 1.03% | |
| XFLT |
XAI Floating Rate & Alternative Income Trust
Financial Services
|
Added | 56,777 | $996,436 | 0.99% | |
| JRS |
Nuveen Real Estate Income Fund
Financial Services
|
Added | 116,580 | $982,769 | 0.97% | |
| NPFD |
Nuveen Variable Rate Preferred & Income Fund
Financial Services
|
Reduced | 51,519 | $969,587 | 0.96% | |
| PCQ |
Pimco California Municipal Income Fund
Financial Services
|
Reduced | 104,576 | $938,046 | 0.93% | |
| BCSF |
Bain Capital Specialty Finance, Inc.
Financial Services
|
Reduced | 74,186 | $928,808 | 0.92% | |
| NMAI |
Nuveen Multi-Asset Income Fund
Financial Services
|
Added | 64,361 | $911,995 | 0.90% | |
| PFO |
Flaherty & Crumrine PREFERRED & INCOME OPPORTUNITY FUND INC
Financial Services
|
Added | 94,929 | $877,143 | 0.87% | |
| PGZ |
Principal Real Estate Income Fund
Financial Services
|
Added | 82,825 | $852,269 | 0.84% | |
| TRIN |
Trinity Capital Inc.
Financial Services
|
Reduced | 47,259 | $845,463 | 0.84% | |
| CGBD |
Carlyle Secured Lending, Inc.
Financial Services
|
Reduced | 78,104 | $822,435 | 0.81% | |
| JRI |
Nuveen Real Asset Income & Growth Fund
Financial Services
|
Added | 61,800 | $800,928 | 0.79% | |
| FLC |
Flaherty & Crumrine Total Return Fund Inc
Financial Services
|
Added | 46,527 | $786,306 | 0.78% | |
| HTGC |
Hercules Capital, Inc.
Financial Services
|
Added | 49,193 | $775,773 | 0.77% | |
| PSUS |
Pershing Square USA, Ltd.
Financial Services
|
NEW | 20,735 | $775,074 | 0.77% | |
| TBLD |
Thornburg Income Builder Opportunities Trust
Financial Services
|
Reduced | 34,337 | $757,817 | 0.75% | |
| MINT |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
|
Reduced | 7,265 | $732,384 | 0.72% | |
| HQH |
abrdn Healthcare Investors
Financial Services
|
Reduced | 32,293 | $709,800 | 0.70% | |
| FMN |
Federated Hermes Premier Municipal Income Fund
Financial Services
|
Added | 61,097 | $702,004 | 0.69% | |
| AOD |
abrdn Total Dynamic Dividend Fund
Financial Services
|
Added | 67,977 | $700,842 | 0.69% | |
| AFB |
Alliancebernstein National Municipal Income Fund
Financial Services
|
Reduced | 60,689 | $692,461 | 0.69% | |
| NBXG |
Neuberger Next Generation Connectivity Fund Inc.
Financial Services
|
Added | 40,996 | $678,073 | 0.67% |
Showing the top 50 of 162 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
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.