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CEFA
Closed-End Fund Advisors Portfolio holdings
AUM
$102M
This Fund
S&P 500
This Quarter
Est. Return
+2.87%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$102M
AUM Growth
+$4.1M
(+4.2%)
Cap. Flow
+$2.21M
Cap. Flow
% of AUM
2.16%
Top 10 Holdings %
Top 10 Hldgs %
22.32%
Holding
172
New
10
Increased
66
Reduced
65
Closed
9
Avg Time Held
1.8
quarters
Top 10 Avg Time Held
0.7
quarters
Top 20 Avg Time Held
1
quarter
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Aberdeen Municipal Income Fund
MFM
|
+$1.04M |
| 2 |
Pershing Square USA
PSUS
|
+$829K |
| 3 |
Kayne Anderson BDC
KBDC
|
+$615K |
| 4 |
Sixth Street Specialty
TSLX
|
+$570K |
| 5 |
Putnam BDC Income ETF
PBDC
|
+$542K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CXE
MFS High Income Municipal Trust
CXE
|
+$1.02M |
| 2 |
Guggenheim Active Allocation Fund
GUG
|
+$413K |
| 3 |
Airbnb
ABNB
|
+$316K |
| 4 |
ArrowMark Financial
BANX
|
+$296K |
| 5 |
Capital Southwest
CSWC
|
+$260K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 72.73% |
| 2 | Financials | 25.71% |
| 3 | Technology | 0.82% |
| 4 | Healthcare | 0.75% |
| 5 | Consumer Discretionary | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
CION Investment
CION
$339M
| $214K | 0.21% |
34,430
+23
| +0.1% | +$161 |
2025 Q4
2 quarters
|
|
127
Eaton Vance National Municipal Opportunities Trust
EOT
$238M
| $209K | 0.2% |
11,837
| – | – |
2025 Q4
2 quarters
|
|
128
Goldman Sachs
GS
$260B
| $202K | 0.2% |
+200
| New | +$195K |
2026 Q2
0 quarters
|
|
129
Cisco
CSCO
$455B
| $201K | 0.2% |
+1,715
| New | +$179K |
2026 Q2
0 quarters
|
|
130
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$172M
| $197K | 0.19% |
17,883
+1,258
| +8% | +$13.7K |
2025 Q4
2 quarters
|
|
131
BlackRock TCP Capital
TCPC
$334M
| $197K | 0.19% |
58,513
+3,985
| +7% | +$15.5K |
2025 Q4
2 quarters
|
|
132
Nuveen Preferred & Income Opportunities Fund
JPC
$2.54B
| $195K | 0.19% |
24,785
| – | – |
2025 Q4
2 quarters
|
|
133
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
$553M
| $193K | 0.19% |
23,364
-2,125
| -8% | -$17.8K |
2025 Q4
2 quarters
|
|
134
Nuveen Global High Income Fund
JGH
$324M
| $189K | 0.18% |
14,842
-51
| -0.3% | -$647 |
2025 Q4
2 quarters
|
|
135
New Mountain Finance
NMFC
$637M
| $186K | 0.18% |
25,888
+3,169
| +14% | +$25.2K |
2025 Q4
2 quarters
|
|
136
DTF Tax-Free Income 2028 Term Fund
DTF
$79.6M
| $185K | 0.18% |
15,976
+1,543
| +11% | +$17.7K |
2025 Q4
2 quarters
|
|
137
abrdn Asia-Pacific Income Fund
FAX
$530M
| $177K | 0.17% |
12,002
-4,555
| -28% | -$67K |
2025 Q4
2 quarters
|
|
138
RiverNorth Managed Duration Municipal Income Fund
RMM
$255M
| $176K | 0.17% |
11,904
| – | – |
2025 Q4
2 quarters
|
|
139
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$710M
| $170K | 0.17% |
10,464
-14,595
| -58% | -$233K |
2026 Q1
1 quarter
|
|
140
Royce Micro-Cap Trust
RMT
$717M
| $170K | 0.17% |
11,610
-2,197
| -16% | -$29.5K |
2025 Q4
2 quarters
|
|
141
Nuveen California Quality Municipal Income Fund
NAC
$1.56B
| $168K | 0.16% |
13,891
+600
| +5% | +$7.13K |
2025 Q4
2 quarters
|
|
142
TriplePoint Venture Growth BDC
TPVG
$189M
| $166K | 0.16% |
33,804
-1,320
| -4% | -$7.07K |
2025 Q4
2 quarters
|
|
143
BlackRock Capital Allocation Term Trust
BCAT
$1.46B
| $166K | 0.16% |
10,402
-8,873
| -46% | -$136K |
2025 Q4
2 quarters
|
|
144
Nuveen Municipal High Income Opportunity Fund
NMZ
$1.94B
| $161K | 0.16% |
+15,275
| New | +$157K |
2026 Q2
0 quarters
|
|
145
BlackRock MuniHoldings California Quality Fund
MUC
$1.21B
| $154K | 0.15% |
13,969
+337
| +2% | +$3.63K |
2025 Q4
2 quarters
|
|
146
Voya Asia Pacific High Dividend Equity Income Fund
IAE
$76.5M
| $153K | 0.15% |
16,502
-242
| -1% | -$2.03K |
2025 Q4
2 quarters
|
|
147
Invesco Trust Investment Grade Municipals
VGM
$483M
| $145K | 0.14% |
13,663
| – | – |
2025 Q4
2 quarters
|
|
148
Western Asset Intermediate Muni Fund
SBI
$99.6M
| $138K | 0.13% |
17,477
| – | – |
2025 Q4
2 quarters
|
|
149
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$499M
| $137K | 0.13% |
22,263
-859
| -4% | -$5.21K |
2025 Q4
2 quarters
|
|
150
BlackRock MuniYield Quality Fund
MQY
$1.48B
| $133K | 0.13% |
11,426
| – | – |
2026 Q1
1 quarter
|
|
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OCM
Closed-End Fund Advisors's Q2 2026 Portfolio in Review
As of Q2 2026, Closed-End Fund Advisors held 172 positions worth $102M, up 4.2% from $98.3M the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Closed-End Fund Advisors's Q2 2026 filing shows 10 new, 66 increased, 65 reduced and 9 closed positions. Its largest new stake was Pershing Square USA: 20,735 shares worth $775K. The largest sale was MFS High Income Municipal Trust, an estimated $1.02M.
By sector, the portfolio is most concentrated in Miscellaneous at 73% of assets, up from 72% a quarter earlier, followed by Financials and Technology.
- Closed-End Fund Advisors's largest Q2 2026 buy was Pershing Square USA: 20,735 shares worth $775K.
- Closed-End Fund Advisors added most to Aberdeen Municipal Income Fund in Q2 2026, an estimated $1.04M increase.
- Closed-End Fund Advisors's biggest Q2 2026 reduction was Guggenheim Active Allocation Fund, cutting an estimated $413K.
- Closed-End Fund Advisors fully exited MFS High Income Municipal Trust in Q2 2026, selling an estimated $1.02M.
- Closed-End Fund Advisors's ten largest holdings make up 22% of its $102M portfolio in Q2 2026.
- Closed-End Fund Advisors opened 10 new positions and closed 9 in Q2 2026.
- Closed-End Fund Advisors's portfolio value rose 4.2% quarter-over-quarter to $102M.
Based on Closed-End Fund Advisors's 13F filing for Q2 2026, filed 27 Jul 2026.