AIA

Absolute Investment Advisers Portfolio holdings

AUM $808M

This Quarter Return

-0.28%

1 Year Return

+0.31%

3 Year Return

+1.21%

5 Year Return

–

10 Year Return

–

AUM

$683M

AUM Growth

-$94.2M (-12%)

Cap. Flow

-$74.4M

Cap. Flow % of AUM

-10.89%

Top 10 Holdings %Top 10 Hldgs %

20.42%

Holding

135

New

Increased

Reduced

Closed

Top Buys

1	BlackRock Health Sciences Trust II BMEZ	$4.6M
2	BTX BlackRock Technology and Private Equity Term Trust BTX	$4.58M
3	AEF abrdn Emerging Markets Equity Income Fund AEF	$2.43M
4	Nuveen Core Plus Impact Fund NPCT	$1.39M
5	BlackRock Science and Technology Term Trust BSTZ	$1.39M

Top Sells

1	INSI Insight Select Income Fund INSI	$7.08M
2	MEGI MainStay CBRE Global Infrastructure Megatrends Term Fund MEGI	$2.79M
3	HQL abrdn Life Sciences Investors HQL	$2.63M
4	EIM Eaton Vance Municipal Bond Fund EIM	$2.46M
5	HQH abrdn Healthcare Investors HQH	$1.79M

Sector Composition

Financials

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	BTX 1 BlackRock Technology and Private Equity Term Trust BTX $866M	$12.5M	1.83%	2,000,567 +732,401	+58%	+$4.58M
2	ACP 2 abrdn Income Credit Strategies Fund ACP $747M	$10.4M	1.52%	1,765,182 +144,700	+9%	+$852K
3	AVK 3 Advent Convertible and Income Fund AVK $539M	$9.11M	1.33%	789,946 -7,300	-0.9%	-$84.2K
4	ZTR 4 Virtus Total Return Fund ZTR $349M	$8.82M	1.29%	1,477,554 -118,820	-7%	-$709K
5	5 BlackRock Health Sciences Trust II BMEZ $1.39B	$8.68M	1.27%	582,256 +308,562	+113%	+$4.6M
6	DMA 6 Destra Multi-Alternative Fund DMA $78.3M	$5.83M	0.85%	688,050 -25,750	-4%	-$218K
7	EHI 7 Western Asset Global High Income Fund EHI $200M	$5.3M	0.78%	802,178 +8,900	+1%	+$58.8K
8	BRW 8 Saba Capital Income & Opportunities Fund BRW $355M	$4.77M	0.7%	614,217 -88,471	-13%	-$687K
9	RFMZ 9 RiverNorth Flexible Municipal Income Fund II RFMZ $310M	$3.97M	0.58%	295,952 -14,248	-5%	-$191K
10	MEGI 10 MainStay CBRE Global Infrastructure Megatrends Term Fund MEGI $749M	$3.12M	0.46%	234,717 -209,787	-47%	-$2.79M
11	11 Nuveen Multi-Asset Income Fund NMAI $422M	$2.45M	0.36%	203,600 -1,900	-0.9%	-$22.8K
12	HQL 12 abrdn Life Sciences Investors HQL $383M	$2.44M	0.36%	192,378 -207,148	-52%	-$2.63M
13	AEF 13 abrdn Emerging Markets Equity Income Fund AEF $246M	$2.43M	0.36%	+490,272	New	+$2.43M
14	HIX 14 Western Asset High Income Fund II HIX $384M	$2.11M	0.31%	504,744 +137,644	+37%	+$575K
15	15 BlackRock Science and Technology Term Trust BSTZ $1.52B	$1.77M	0.26%	99,992 +78,082	+356%	+$1.39M
16	16 Nuveen Core Plus Impact Fund NPCT $317M	$1.39M	0.2%	+129,763	New	+$1.39M
17	AOD 17 abrdn Total Dynamic Dividend Fund AOD $945M	$1.37M	0.2%	163,400 -22,300	-12%	-$187K
18	IHD 18 Voya Emerging Markets High Income Dividend Equity Fund IHD $105M	$1.34M	0.2%	251,694 -4,206	-2%	-$22.5K
19	ENX 19 Eaton Vance New York Municipal Bond Fund ENX $170M	$1.31M	0.19%	138,300	–	–
20	AGD 20 abrdn Global Dynamic Dividend Fund AGD $281M	$1.31M	0.19%	131,400 +1,800	+1%	+$17.9K
21	IAE 21 Voya Asia Pacific High Dividend Equity Income Fund IAE $76M	$1.3M	0.19%	210,900	–	–
22	22 Invesco Trust Investment Grade Municipals VGM $521M	$1.08M	0.16%	107,994	–	–
23	EVM 23 Eaton Vance California Municipal Bond Fund EVM $222M	$967K	0.14%	104,332	–	–
24	GRX 24 Gabelli Healthcare & Wellness Trust GRX $139M	$910K	0.13%	90,299 +6,000	+7%	+$60.5K
25	25 Nuveen NASDAQ 100 Dynamic Overwrite Fund QQQX $1.31B	$767K	0.11%	32,313 -13,942	-30%	-$331K