ZA

Zazove Associates Portfolio holdings

AUM $1.23B
This Quarter Return
+0.24%
1 Year Return
+3.71%
3 Year Return
+11.52%
5 Year Return
–
10 Year Return
–
AUM
$2.17B
AUM Growth
+$2.17B
Cap. Flow
-$181M
Cap. Flow %
-8.35%
Top 10 Hldgs %
42.32%
Holding
131
New
10
Increased
3
Reduced
6
Closed
10

Top Buys

1
EVV
Eaton Vance Limited Duration Income Fund
EVV
$1.1M
2
HTR
Brookfield Total Return Fund Inc
HTR
$850K
3
FOF icon
Cohen & Steers Closed End Opportunity Fund
FOF
$603K
4
DPG
Duff & Phelps Utility and Infrastructure Fund
DPG
$578K
5
UTF icon
Cohen & Steers Infrastructure Fund
UTF
$576K

Top Sells

1
WELL.PRI
Welltower Inc.
WELL.PRI
$99M
2
FLG.PRU
Flagstar Financial, Inc. Bifurcated Option Note Unit SecuritiES
FLG.PRU
$41M
3
JNJ icon
Johnson & Johnson
JNJ
$15.4M
4
WFC.PRL icon
WELLS FARGO 7.5% NON CUMV PERP CONV
WFC.PRL
$9.08M
5
EMMS
Emmis Communications Corp
EMMS
$7.09M

Sector Composition

1 Communication Services 0.24%
2 Real Estate 0.11%
3 Healthcare 0.02%
4 Consumer Discretionary 0%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
WELL.PRI
1
DELISTED
Welltower Inc.
WELL.PRI
– – -1,467,085 Closed -$99M
FLG.PRU
2
Flagstar Financial, Inc. Bifurcated Option Note Unit SecuritiES
FLG.PRU
$113M
– – -818,636 Closed -$41M
GM.WS.B
3
DELISTED
General Motors Company
GM.WS.B
$15.8M 0.73% 1,132,476 – –
WFC.PRL icon
4
WELLS FARGO 7.5% NON CUMV PERP CONV
WFC.PRL
$4.82B
– – -7,069 Closed -$9.08M
UONEK icon
5
Urban One Class D
UONEK
$35.8M
– – -1,977,509 Closed -$6.31M
EVV
6
Eaton Vance Limited Duration Income Fund
EVV
$1.2B
$3.46M 0.16% 252,198 +80,527 +47% +$1.1M
IRDMB
7
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
$3.17M 0.15% 10,580 -650 -6% -$195K
JQC icon
8
Nuveen Credit Strategies Income Fund
JQC
$754M
– – -214,018 Closed -$1.73M
EMMS
9
DELISTED
Emmis Communications Corp
EMMS
$2.48M 0.11% 611,585 -1,750,572 -74% -$7.09M
CMLS
10
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
$1.79M 0.08% 5,436,616 – –
KEY.PRG
11
DELISTED
KeyCorp Pfd
KEY.PRG
$1.6M 0.07% 11,713 -36,523 -76% -$4.99M
BAC.WS.A
12
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
$1.59M 0.07% 343,568 +105,000 +44% +$485K
FCH.PRA
13
DELISTED
Felcor Lodging Tr Ser A Cum Cv
FCH.PRA
$940K 0.04% 37,500 – –
HTR
14
DELISTED
Brookfield Total Return Fund Inc
HTR
$850K 0.04% +37,929 New +$850K
JSD
15
DELISTED
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
– – 0 – –
FOF icon
16
Cohen & Steers Closed End Opportunity Fund
FOF
$361M
$603K 0.03% +49,031 New +$603K
DPG
17
Duff & Phelps Utility and Infrastructure Fund
DPG
$469M
$578K 0.03% +33,833 New +$578K
UTF icon
18
Cohen & Steers Infrastructure Fund
UTF
$2.58B
$576K 0.03% +26,758 New +$576K
COF.WS
19
DELISTED
Capital One Financial Corp
COF.WS
$576K 0.03% 18,940 -4,560 -19% -$139K
PHD
20
Pioneer Floating Rate Fund
PHD
$123M
– – 0 – –
BSL
21
Blackstone Senior Floating Rate 2027 Term Fund
BSL
$186M
$562K 0.03% +33,375 New +$562K
DSU icon
22
BlackRock Debt Strategies Fund
DSU
$550M
$555K 0.03% 152,006 – –
GLU
23
Gabelli Utility & Income Trust
GLU
$107M
$555K 0.03% +30,347 New +$555K
DRRX icon
24
DURECT Corp
DRRX
$59.6M
$354K 0.02% 255,000 +129,159 +103% +$179K
JRO
25
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
– – -29,447 Closed -$302K
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