Top Institutional Investors

Closed-End Fund Advisors, Inc. — 13F Holdings & Portfolio

CIK 2103520 · latest 13F-HR filed 2026-05-11

Backtest portfolio

Closed-End Fund Advisors, Inc. manages $98.3M in 13F-reported U.S. long-equity assets across 162 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are KYN (4.40%), BPRE (3.01%), TYG (2.39%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 8 new positions, exited 31, added to 36, and trimmed 68.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$98.3M

Long-equity book

Holdings

162

Distinct positions

Period

2026-03-31

Filed 2026-05-11

Q/Q Activity

+8 / −31 / ↑36 / ↓68

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • BLUE OWL TECHNOLOGY FIN CORP$1.4M +209.7%
  • KAYNE ANDERSON ENERGY INFRST$1.2M +39.2%
  • BLUEROCK PVT REAL ESTATE FD$1.1M +61.0%
  • FS SPECIALTY LENDING FD$1.1M +195.3%
  • NYLI CBRE GBL INFR MEGTRNDS$559.3K +50.2%
Show all 36 →

Top Trims

  • NUVEEN CHURCHILL DIRECT LEND-$6.2M -84.0%
  • NEW MTN FIN CORP-$5.2M -96.7%
  • GOLUB CAP BDC INC-$5.2M -91.1%
  • BAIN CAP SPECIALTY FIN INC-$4.9M -84.0%
  • TRINITY CAP INC-$4.7M -86.3%
Show all 68 →

New Positions

  • PIMCO NEW YORK MUN FD II$1.6M
  • XAI OCTAGN FLT RAT & ALT INM$890.5K
  • NUVEEN S&P 500 DYNAMIC OVERW$518.0K
  • FLAHERTY & CRUMRIN PFD & INM$388.2K
  • BLACKROCK MUNIYIELD QUALITY$324.6K
Show all 8 →

Exited Positions

  • BLUE OWL CAPITAL$4.6M
  • SLR INVESTMENT CORP$4.0M
  • SARATOGA INVT CORP$3.7M
  • PALMER SQUARE CAPITAL BDC$2.7M
  • XAI OCTAGN FLT RAT & ALT$1.1M
Show all 31 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 KAYNE ANDERSON ENERGY INFRST KYN 486606106 $4.3M 4.40% 302,713 SH
2 BLUEROCK PVT REAL ESTATE FD BPRE 09631P102 $3.0M 3.01% 178,276 SH
3 TORTOISE ENERGY INFRSTRCTR C TYG 89147L886 $2.3M 2.39% 47,117 SH
4 BLUE OWL TECHNOLOGY FIN CORP OTF 095924106 $2.1M 2.14% 169,456 SH
5 ALLSPRING GLOBAL DIVIDEND OP EOD 94987C103 $2.1M 2.10% 353,156 SH
6 CALAMOS LNG SHR EQT DYNAMIC CPZ 12812C106 $1.9M 1.91% 138,277 SH
7 RIVERNORTH FLEXIBLE MUNI INC RFMZ 76883Y107 $1.8M 1.82% 141,623 SH
8 PGIM SHORT DUR HIG YLD OPP F SDHY 69355J104 $1.7M 1.74% 106,492 SH
9 NYLI CBRE GBL INFR MEGTRNDS MEGI 56064Q107 $1.7M 1.70% 113,890 SH
10 SABA CAPITAL INCOME & OPPORT SABA 880198205 $1.7M 1.70% 200,529 SH
11 FS SPECIALTY LENDING FD FSSL 644323107 $1.6M 1.67% 130,980 SH
12 DESTRA MULTI-ALTERNATIVE FD DMA 25065A502 $1.6M 1.66% 200,829 SH
13 GUGGENHEIM ACTIVE ALLOC FD GUG 40170T106 $1.6M 1.65% 106,688 SH
14 PIMCO NEW YORK MUN FD II PNI 72200Y102 $1.6M 1.64% 235,718 SH
15 ANGEL OAK FINL STRATEGIES IN FINS 03464A100 $1.5M 1.57% 120,700 SH
16 ABRDN NATL MUN INCOME FD VFL 24610T108 $1.5M 1.56% 153,715 SH
17 MFS MUN INCOME TR MFM 552738106 $1.5M 1.51% 275,256 SH
18 BROOKFIELD REAL ASSETS INCOM RA 112830104 $1.5M 1.51% 115,052 SH
19 NEUBERGER ENGY INFRSTR & INC NML 64129H104 $1.5M 1.49% 139,373 SH
20 FS CREDIT OPPORTUNITIES CORP FSCO 30290Y101 $1.3M 1.37% 264,222 SH
21 HIGHLAND OPPS & INCOME FD HFRO 43010E404 $1.3M 1.37% 235,324 SH
22 ARROWMARK FINANCIAL CORP BANX 861780104 $1.3M 1.35% 69,773 SH
23 WESTERN AST INFL LKD OPP & I WIW 95766R104 $1.3M 1.35% 156,351 SH
24 CLEARBRIDGE ENERGY MIDSTREAM EMO 18469P209 $1.2M 1.23% 22,852 SH
25 NUVEEN CHURCHILL DIRECT LEND NCDL 67090S108 $1.2M 1.20% 92,957 SH
26 CARLYLE SECURED LENDING INC CGBD 872280102 $1.1M 1.10% 98,785 SH
27 MFS HIGH INCOME MUN TR CXE 59318D104 $1.0M 1.04% 274,770 SH
28 NUVEEN VRIABL RAT PFD & INM NPFD 67080R102 $989.1K 1.01% 54,494 SH
29 BAIN CAP SPECIALTY FIN INC BCSF 05684B107 $943.7K 0.96% 76,102 SH
30 PIMCO CALIF MUN INCOME FD PCQ 72200N106 $937.4K 0.95% 109,259 SH
31 COHEN & STEERS REAL ESTATE O RLTY 19249Q103 $935.7K 0.95% 64,351 SH
32 XAI OCTAGN FLT RAT & ALT INM XFLT 98400T304 $890.5K 0.91% 51,831 SH
33 FLAHERTY & CRUMRINE DYNAMIC DFP 33848W106 $883.1K 0.90% 44,000 SH
34 FLAHERTY & CRUMRINE PFD INCO PFO 33848E106 $856.4K 0.87% 94,733 SH
35 BLACKSTONE LONG SHORT CR INC BGX 09257D102 $824.5K 0.84% 75,639 SH
36 NUVEEN REAL ESTATE INCOME FD JRS 67071B108 $814.0K 0.83% 109,110 SH
37 PRINCIPAL REAL ESTATE INCOME PGZ 74255X104 $785.5K 0.80% 81,734 SH
38 PIMCO ETF TR MINT 72201R833 $779.8K 0.79% 7,754 SH
39 NUVEEN MULTI ASSET INCOME FU NMAI 670750108 $779.1K 0.79% 62,830 SH
40 PUTNAM ETF TRUST PBDC 746729508 $773.4K 0.79% 28,043 SH
41 THORNBURG INCM BUILDER OPP T TBLD 885213108 $758.3K 0.77% 35,863 SH
42 TRINITY CAP INC TRIN 896442308 $752.7K 0.77% 51,166 SH
43 FLAHERTY & CRUMRINE TOTAL RE FLC 338479108 $748.1K 0.76% 45,067 SH
44 BLACKSTONE SECD LENDING FD BXSL 09261X102 $734.1K 0.75% 30,986 SH
45 NUVEEN REAL ASSET INCOME & G JRI 67074Y105 $711.1K 0.72% 57,809 SH
46 CRESCENT CAP BDC INC CCAP 225655109 $678.2K 0.69% 55,817 SH
47 CAPITAL SOUTHWEST CORP CSWC 140501107 $676.6K 0.69% 30,588 SH
48 ABRDN HEALTHCARE INVESTORS HQH 87911J103 $676.3K 0.69% 38,015 SH
49 ALLIANCEBERNSTEIN NATL MUN I AFB 01864U106 $670.0K 0.68% 62,678 SH
50 BNY MELLON STRATEGIC MUNS IN LEO 05588W108 $658.7K 0.67% 104,718 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-11 $98.3M 162 0001214659-26-005900
2025-12-31 2026-02-11 $169.3M 204 0001214659-26-001467