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CEFA
Closed-End Fund Advisors Portfolio holdings
AUM
$102M
Turnover
11.05%
This Fund
S&P 500
This Quarter
Est. Return
-2.15%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$98.3M
AUM Growth
-$71M
(-42%)
Cap. Flow
-$66M
Cap. Flow
% of AUM
-67.18%
Top 10 Holdings %
Top 10 Hldgs %
22.9%
Holding
192
New
7
Increased
51
Reduced
69
Closed
30
Avg Time Held
0.2
years
Top 10 Avg Time Held
0
years
Top 20 Avg Time Held
0
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PIMCO New York Municipal Income Fund II
PNI
|
+$1.65M |
| 2 |
Blue Owl Technology Finance Corp
OTF
|
+$1.57M |
| 3 |
FS Specialty Lending Fund
FSSL
|
+$1.2M |
| 4 |
Bluerock Private Real Estate Fund
BPRE
|
+$926K |
| 5 |
Kayne Anderson Energy Infrastructure Fund
KYN
|
+$696K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nuveen Churchill Direct Lending
NCDL
|
+$6.17M |
| 2 |
Trinity Capital Inc
TRIN
|
+$5M |
| 3 |
Golub Capital BDC
GBDC
|
+$4.85M |
| 4 |
New Mountain Finance
NMFC
|
+$4.7M |
| 5 |
Blue Owl Capital
OBDC
|
+$4.61M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 71.67% |
| 2 | Financials | 26.71% |
| 3 | Healthcare | 0.66% |
| 4 | Technology | 0.64% |
| 5 | Consumer Discretionary | 0.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Carlyle Secured Lending
CGBD
$715M
| $1.08M | 1.1% |
98,785
-156,650
| -61% | -$1.85M |
2025 Q4
1 quarter
|
|
|
CXE
27
DELISTED
MFS High Income Municipal Trust
CXE
| $1.02M | 1.04% |
274,770
+5,428
| +2% | +$20.5K |
2025 Q4
1 quarter
|
|
28
Nuveen Variable Rate Preferred & Income Fund
NPFD
$418M
| $989K | 1.01% |
54,494
-24,084
| -31% | -$464K |
2025 Q4
1 quarter
|
|
29
Bain Capital Specialty
BCSF
$666M
| $944K | 0.96% |
76,102
-346,708
| -82% | -$4.54M |
2025 Q4
1 quarter
|
|
30
Pimco California Municipal Income Fund
PCQ
$151M
| $937K | 0.95% |
109,259
+12,904
| +13% | +$115K |
2025 Q4
1 quarter
|
|
31
Cohen & Steers Real Estate Opportunities and Income Fund
RLTY
$232M
| $936K | 0.95% |
64,351
+1,582
| +3% | +$23.9K |
2025 Q4
1 quarter
|
|
32
XAI Floating Rate & Alternative Income Trust
XFLT
$277M
| $890K | 0.91% |
51,831
+5,238
| +11% | +$103K |
2025 Q4
1 quarter
|
|
33
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
$386M
| $883K | 0.9% |
44,000
-1,013
| -2% | -$21.5K |
2025 Q4
1 quarter
|
|
34
Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
$112M
| $856K | 0.87% |
94,733
-1,489
| -2% | -$14K |
2025 Q4
1 quarter
|
|
35
Blackstone Long-Short Credit Income Fund
BGX
$132M
| $824K | 0.84% |
75,639
+340
| +0.5% | +$3.79K |
2025 Q4
1 quarter
|
|
36
Nuveen Real Estate Income Fund
JRS
$210M
| $814K | 0.83% |
109,110
+465
| +0.4% | +$3.62K |
2025 Q4
1 quarter
|
|
37
Principal Real Estate Income Fund
PGZ
$58.8M
| $785K | 0.8% |
81,734
-864
| -1% | -$8.75K |
2025 Q4
1 quarter
|
|
38
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$18.6B
| $780K | 0.79% |
7,754
-1,911
| -20% | -$192K |
2025 Q4
1 quarter
|
|
39
Nuveen Multi-Asset Income Fund
NMAI
$451M
| $779K | 0.79% |
62,830
+6,038
| +11% | +$79.8K |
2025 Q4
1 quarter
|
|
40
Putnam BDC Income ETF
PBDC
$273M
| $773K | 0.79% |
28,043
-433
| -2% | -$12.5K |
2025 Q4
1 quarter
|
|
41
Thornburg Income Builder Opportunities Trust
TBLD
$655M
| $758K | 0.77% |
35,863
-3,164
| -8% | -$67.4K |
2025 Q4
1 quarter
|
|
|
42
Trinity Capital Inc
TRIN
$1.52B
| $753K | 0.77% |
51,166
-323,758
| -86% | -$5M |
2025 Q4
1 quarter
|
|
43
Flaherty & Crumrine Total Return Fund
FLC
$163M
| $748K | 0.76% |
45,067
| – | – |
2025 Q4
1 quarter
|
|
44
Blackstone Secured Lending
BXSL
$5.56B
| $734K | 0.75% |
30,986
-58,703
| -65% | -$1.46M |
2025 Q4
1 quarter
|
|
45
Nuveen Real Asset Income & Growth Fund
JRI
$382M
| $711K | 0.72% |
57,809
-7,089
| -11% | -$92.3K |
2025 Q4
1 quarter
|
|
46
Crescent Capital BDC
CCAP
$328M
| $678K | 0.69% |
55,817
-169,495
| -75% | -$2.32M |
2025 Q4
1 quarter
|
|
47
Capital Southwest
CSWC
$1.47B
| $677K | 0.69% |
30,588
-83,143
| -73% | -$1.88M |
2025 Q4
1 quarter
|
|
48
abrdn Healthcare Investors
HQH
$1.09B
| $676K | 0.69% |
38,015
-1,588
| -4% | -$30K |
2025 Q4
1 quarter
|
|
49
AllianceBernstein National Municipal Income Fund
AFB
$283M
| $670K | 0.68% |
62,678
+29,872
| +91% | +$325K |
2025 Q4
1 quarter
|
|
50
BNY Mellon Strategic Municipals
LEO
$352M
| $659K | 0.67% |
104,718
-933
| -0.9% | -$5.96K |
2025 Q4
1 quarter
|
|
Similar funds
SCA
AIP
DM
GHA
LWM
VL
OCM
ECP
Closed-End Fund Advisors's Q1 2026 Portfolio in Review
As of Q1 2026, Closed-End Fund Advisors held 192 positions worth $98.3M, down 42% from $169M the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Closed-End Fund Advisors withdrew a net $66M in Q1 2026, closing 30 positions and reducing 69 holdings. Its most notable exit was Blue Owl Capital, an estimated $4.61M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 72% of assets, up from 42% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Closed-End Fund Advisors opened a new position in PIMCO New York Municipal Income Fund II worth $1.61M.
- Closed-End Fund Advisors's largest Q1 2026 buy was PIMCO New York Municipal Income Fund II: 235,718 shares worth $1.61M.
- Closed-End Fund Advisors added most to Blue Owl Technology Finance Corp in Q1 2026, an estimated $1.57M increase.
- Closed-End Fund Advisors's biggest Q1 2026 reduction was Nuveen Churchill Direct Lending, cutting an estimated $6.17M.
- Closed-End Fund Advisors fully exited Blue Owl Capital in Q1 2026, selling an estimated $4.61M.
- Closed-End Fund Advisors's ten largest holdings make up 23% of its $98.3M portfolio in Q1 2026.
- Closed-End Fund Advisors opened 7 new positions and closed 30 in Q1 2026.
- Closed-End Fund Advisors's portfolio value fell 42% quarter-over-quarter to $98.3M.
Based on Closed-End Fund Advisors's 13F filing for Q1 2026, filed 11 May 2026.