Bulldog Investors, LLP

SADDLE BROOK, NJ · CIK 1504304 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2009 · limited liability partnership

Assets managed$561.0m
Staff6 · 3 in investment roles
Main clients (by assets)Mutual funds and ETFs 87%, High net worth individuals 6%, Individuals 5%
Websitebulldoginvestors.com
Form ADV · 2026-03-27SEC adviser record

Legal entityBulldog Investors, LLP (US)

$454.7m reported value +2.2% vs Q1 2026

225positions

35.7%in top 10

67 new 34 added 71 reduced 58 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SRH TOTAL RETURN FUND INC COM STEW	STEW	1,347,582	$24.1m5.30%	5.30%	Added +60.0k	+60,000 4.7%
2	CENTRAL SECS CORP COM CET	CET	447,259	$23.5m5.16%	5.16%	Added +50.8k	+50,792 12.8%
3	NEUBERGER BERMAN NEXT GENERA COMMON STOCK NBXG	NBXG	1,171,931	$19.4m4.26%	4.26%	Added +2.2k	+2,200 0.2%
4	GENERAL AMERN INVS CO INC COM GAM	GAM	296,450	$18.9m4.16%	4.16%	Unchanged
5	BNY MELLON STRATEGIC MUN BD COM DSM	DSM	3,065,475	$18.9m4.15%	4.15%	Reduced -308.5k	-308,467 -9.1%
6	TEJON RANCH CO COM TRC	TRC	793,449	$14.8m3.26%	3.26%	Added +914	+914 0.1%
7	TEXAS PACIFIC LAND CORPORATI COM TPL	TPL	33,000	$14.4m3.18%	3.18%	Added +1.0k	+1,000 3.1%
8	BNY MELLON STRATEGIC MUNS IN COM LEO	LEO	1,510,131	$9.8m2.15%	2.15%	Reduced -66.2k	-66,240 -4.2%
9	CION INVT CORP COM CION	CION	1,538,071	$9.6m2.11%	2.11%	Unchanged
10	GABELLI DIVID & INCOME TR COM XGDVX	XGDVX	299,458	$8.8m1.94%	1.94%	Reduced -433	-433 -0.1%
11	STRATUS PPTYS INC COM NEW STRS	STRS	286,545	$8.2m1.81%	1.81%	New
12	BLUE OWL TECHNOLOGY FIN CORP COMMON STOCK OTF	OTF	792,777	$8.2m1.80%	1.80%	Added +116.9k	+116,916 17.3%
13	ALEXANDERS INC COM ALX	ALX	28,000	$7.7m1.70%	1.70%	Unchanged
14	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	10	$7.5m1.65%	1.65%	Unchanged
15	VILLAGE SUPER MKT INC CL A NEW VLGEA	VLGEA	170,515	$7.2m1.58%	1.58%	Unchanged
16	CHUBB LIMITED COM CB	CB	21,000	$7.2m1.57%	1.57%	Added +7.0k	+7,000 50.0%
17	VOYA EMERGING MKTS HIGH DIVI COM XIHDX	XIHDX	881,453	$6.9m1.51%	1.51%	Reduced -101.0k	-100,985 -10.3%
18	DYNAMIX CORP SHS CL A DYNC	DYNC	589,698	$6.4m1.40%	1.40%	New
19	JOHN HANCOCK HEDGED EQUITY & COM HEQ	HEQ	550,968	$6.3m1.39%	1.39%	Reduced -7.3k	-7,323 -1.3%
20	NEW GERMANY FD INC COM GF	GF	532,074	$6.1m1.34%	1.34%	Unchanged
21	BLUEROCK PVT REAL ESTATE FD COM BPRE	BPRE	445,794	$5.8m1.28%	1.28%	Added +72.8k	+72,775 19.5%
22	RUNWAY GROWTH FINANCE CORP COM RWAY	RWAY	1,019,054	$5.7m1.26%	1.26%	Reduced -181.1k	-181,075 -15.1%
23	XAI FLOATING RATE & ALTER IN COM SHS BENF INT XFLT	XFLT	316,500	$5.6m1.22%	1.22%	Added +129.6k	+129,570 69.3%
24	NORWOOD FINANCIAL CORP COM NWFL	NWFL	170,000	$5.5m1.20%	1.20%	Unchanged
25	CLOUGH GLOBAL OPPORTUNITIES SH BEN INT GLO	GLO	877,416	$5.4m1.18%	1.18%	Added +258.4k	+258,415 41.8%
26	DUFF & PHELPS UTLITY AND INF COM DPG	DPG	327,384	$4.9m1.07%	1.07%	Added +151.3k	+151,254 85.9%
27	CRESCENT CAP BDC INC COM CCAP	CCAP	437,177	$4.8m1.05%	1.05%	Reduced -19.8k	-19,778 -4.3%
28	DUNE ACQUISITION CORP II SHS CL A CCAQ	CCAQ	429,640	$4.5m0.99%	0.99%	Added +179.9k	+179,935 72.1%
29	BNY MELLON MUN BD INFRASTRUC COM SHS DMB	DMB	400,343	$4.4m0.97%	0.97%	Reduced -120.4k	-120,406 -23.1%
30	VOYA ASIA PAC HIGH DIV EQT I COM XIAEX	XIAEX	436,588	$4.0m0.89%	0.89%	Reduced -4.7k	-4,672 -1.1%
31	RRE VENTURES ACQUISITION COR UNIT 04/22/2031 RREVU	RREVU	402,898	$4.0m0.89%	0.89%	New
32	ALDABRA 4 LQDTY OPP VEH INC CL A ORD SHS ALOV	ALOV	367,266	$3.7m0.80%	0.80%	New
33	NUVEEN S&P 500 DYNAMIC OVERW COM XSSPX	XSSPX	187,572	$3.5m0.77%	0.77%	Added +62.2k	+62,157 49.6%
34	M EVO GBL ACQUISITION CORP I ORD SHS CL A MEVO	MEVO	352,348	$3.5m0.77%	0.77%	Added +146.3k	+146,318 71.0%
35	GDL FD COM SH BEN IT GDL	GDL	409,748	$3.5m0.76%	0.76%	Unchanged
36	OYSTER ENTERPRISES II ACQUIS ORD SHS CL A OYSE	OYSE	320,436	$3.3m0.73%	0.73%	Reduced -4.0k	-4,000 -1.2%
37	FORTRESS VALUE ACQU CORP V ORD SHS CL A FVAV	FVAV	322,058	$3.3m0.72%	0.72%	Added +111.2k	+111,217 52.8%
38	BLUE OWL CAPITAL CORPORATION COM OBDC	OBDC	298,369	$3.2m0.71%	0.71%	Reduced -40.0k	-40,000 -11.8%
39	INSIGHT DIGITAL PARTNERS II CL A ORD DYOR	DYOR	321,542	$3.2m0.71%	0.71%	Reduced -1.5k	-1,546 -0.5%
40	BOLD EAGLE ACQUISITION CORP CL A BEAG	BEAG	302,033	$3.2m0.71%	0.71%	Added +47	+47 0.0%
41	BAIN CAP GSS INVT CORP ORD CL A BCSS	BCSS	306,885	$3.2m0.69%	0.69%	Reduced -1.4k	-1,356 -0.4%
42	NUVEEN CHURCHILL DIRECT LEND COM SHS NCDL	NCDL	251,034	$3.1m0.69%	0.69%	Added +26.2k	+26,212 11.7%
43	HORIZON TECHNOLOGY FIN CORP COM HRZN	HRZN	658,617	$3.1m0.69%	0.69%	New
44	DAEDALUS SPL ACQUISITION COR USD CL A ORD SHS DSAC	DSAC	299,388	$3.0m0.66%	0.66%	Added +279.4k	+279,420 1399.3%
45	ELLSWORTH GROWTH & INCOME FD COM ECF	ECF	228,134	$3.0m0.66%	0.66%	Reduced -479	-479 -0.2%
46	ELME COMMUNITIES SH BEN INT ELME	ELME	2,000,000	$3.0m0.65%	0.65%	Unchanged
47	BARINGS BDC INC COM BBDC	BBDC	336,401	$2.9m0.63%	0.63%	Added +1.5k	+1,497 0.5%
48	PORTMAN RIDGE FIN CORP COM NEW BCIC	BCIC	378,412	$2.8m0.61%	0.61%	Unchanged
49	EAGLE POINT INCOME COMPANY I COM EIC	EIC	273,529	$2.8m0.61%	0.61%	Added +55.9k	+55,929 25.7%
50	ROYCE MICRO-CAP TR INC COM RMT	RMT	181,964	$2.7m0.59%	0.59%	New
51	BNY MELLON HIGH YIELD STRATE SH BEN INT DHF	DHF	1,093,928	$2.6m0.58%	0.58%	Added +806.9k	+806,939 281.2%
52	PROGRESSIVE CORP COM PGR	PGR	12,000	$2.6m0.58%	0.58%	Added +1.0k	+1,000 9.1%
53	LIGHTWAVE ACQUISITION CORP USD CL A ORD SHS LWAC	LWAC	255,661	$2.6m0.57%	0.57%	Reduced -1.5k	-1,525 -0.6%
54	ONEIM ACQUISITION CORP ORD SHS CL A OIM	OIM	245,385	$2.5m0.54%	0.54%	Added +14.3k	+14,320 6.2%
55	VENDOME ACQUISITION CORP I COM CL A VNME	VNME	235,640	$2.4m0.53%	0.53%	Reduced -1.8k	-1,752 -0.7%
56	SILVER PEGASUS ACQUISITION C SHS CL A SPEG	SPEG	233,749	$2.4m0.53%	0.53%	Reduced -2.2k	-2,210 -0.9%
57	YORKVILLE INTL CAP CORP UNIT 06/05/2031 YICCU	YICCU	237,248	$2.4m0.52%	0.52%	New
58	CANNAE HLDGS INC COM CNNE	CNNE	156,978	$2.3m0.50%	0.50%	Reduced -145.1k	-145,074 -48.0%
59	WEN ACQUISITION CORP COM CL A WENN	WENN	218,562	$2.2m0.49%	0.49%	Unchanged
60	HIGHVIEW MERGER CORP ORD SH CL A HVMC	HVMC	219,965	$2.2m0.49%	0.49%	Unchanged
61	JAPAN SMALLER CAPITALIZATION COM JOF	JOF	187,557	$2.2m0.49%	0.49%	Added +83.4k	+83,376 80.0%
62	MCKINLEY ACQUISITION CORP SHS CL A MKLY	MKLY	216,921	$2.2m0.48%	0.48%	Added +16.9k	+16,921 8.5%
63	WILLOW LANE ACQUISITION CRP UNIT 01/27/2031 WLIIU	WLIIU	200,079	$2.1m0.46%	0.46%	Reduced -123.4k	-123,381 -38.1%
64	JACKSON ACQUISITION CO II COM SHS CL A JACS	JACS	192,029	$2.0m0.45%	0.45%	Reduced -216.7k	-216,731 -53.0%
65	BLACKSTONE LONG SHORT CR INC COM SHS BN INT BGX	BGX	185,505	$2.0m0.44%	0.44%	New
66	NEWHOLD INVTS CORP IV UNIT 04/14/2031 NHIVU	NHIVU	194,785	$2.0m0.44%	0.44%	New
67	KENSINGTON CAP ACQUIST CORP UNIT 99/99/9999 KCAC.U	KCAC.U	184,330	$1.9m0.42%	0.42%	Reduced -166.7k	-166,690 -47.5%
68	TALON CAP CORP ORD SHS CL A TLNC	TLNC	169,247	$1.7m0.38%	0.38%	Unchanged
69	EQV VENTURES AC CORP. II ORD SHS CL A EVAC	EVAC	166,545	$1.7m0.37%	0.37%	Unchanged
70	KENSINGTON CAP ACQUISITION UNIT 99/99/9999 KCA.U	KCA.U	163,252	$1.6m0.36%	0.36%	New
71	HENNESSY CAP INVTS CORP VIII ORD CL A HCIC	HCIC	163,963	$1.6m0.36%	0.36%	New
72	NEXPOINT DIVERSIFIED REL ET COM NEW NXDT	NXDT	300,011	$1.6m0.34%	0.34%	Added +6.9k	+6,894 2.4%
73	CREDIT SUISSE HIGH YIELD BD SH BEN INT XDHYX	XDHYX	863,300	$1.5m0.34%	0.34%	New
74	HCM IV ACQUISITION CORP ORD USD CL A HACQ	HACQ	150,000	$1.5m0.33%	0.33%	New
75	BLACK SPADE ACQUISITION III USD CL A ORD SHS BIII	BIII	149,997	$1.5m0.33%	0.33%	New
76	FG IMPERII ACQUISITION CORP ORD SHS CL A FGII	FGII	150,000	$1.5m0.33%	0.33%	New
77	LEGATO MERGER CORP IV ORD SHS LEGO	LEGO	149,997	$1.5m0.33%	0.33%	New
78	APARTMENT INVT & MGMT CO CL A AIV	AIV	500,000	$1.5m0.33%	0.33%	New
79	MEXICO EQUITY & INCOME FD COM MXE	MXE	101,158	$1.3m0.29%	0.29%	Unchanged
80	AI INFRASTRUCTURE ACQUISI ORD SHS CL A AIIA	AIIA	128,588	$1.3m0.29%	0.29%	Reduced -10.9k	-10,897 -7.8%
81	GORES HOLDINGS XI INC UNIT 06/24/2031 GHXIU	GHXIU	128,992	$1.3m0.29%	0.29%	New
82	MFS MUN INCOME TR SH BEN INT MFM	MFM	230,382	$1.3m0.28%	0.28%	New
83	SPRING VY ACQUISITION CORP I ORD SHS CL A SVIV	SVIV	126,692	$1.3m0.28%	0.28%	Reduced -3.2k	-3,168 -2.4%
84	HENNESSY CAP INVTS CORP VIII UNIT 02/02/2031 HCICU	HCICU	124,876	$1.3m0.28%	0.28%	Reduced -165.0k	-164,969 -56.9%
85	D BORAL ACQUISITION I CORP ORD SHS CL A DBCA	DBCA	125,000	$1.2m0.27%	0.27%	New
86	FUTURECORP SPACE ACQUISITION UNIT 99/99/9999 FTRA.U	FTRA.U	121,375	$1.2m0.27%	0.27%	New
87	WILLOW LANE ACQUISITION CRP USD CL A ORD SHS WLII	WLII	119,704	$1.2m0.27%	0.27%	New
88	M3-BRIGADE ACQUISITION VI CO ORD SHS CL A MBVI	MBVI	115,237	$1.2m0.26%	0.26%	Added +15.2k	+15,237 15.2%
89	IRENIC ACQUISITION CORP UNIT 04/10/2031 IACQU	IACQU	102,502	$1.0m0.23%	0.23%	New
90	CAL REDWOOD ACQUISITION CORP COM CL A CRAQ	CRAQ	100,000	$1.0m0.23%	0.23%	Unchanged
91	BANCROFT FD LTD COM BCV	BCV	39,448	$1.0m0.23%	0.23%	Unchanged
92	FIGX CAP ACQUISITION CORP. USD CL A ORD SHS FIGX	FIGX	100,090	$1.0m0.23%	0.23%	Unchanged
93	VIKING ACQUISITION CORP I ORD CL A NSTR	NSTR	100,000	$1.0m0.22%	0.22%	Reduced -100.0k	-100,000 -50.0%
94	UNITED ACQUISITION CORP I UNIT 99/99/9999 UAC.U	UAC.U	100,000	$1.0m0.22%	0.22%	Unchanged
95	EVOLUTION GLOBAL ACQUISITION USD CL A ORD SHS EVOX	EVOX	101,640	$1.0m0.22%	0.22%	Reduced -1.3k	-1,252 -1.2%
96	COLUMBUS CIRCLE CAP CORP II USD CL A ORD SHS IPXG	IPXG	99,898	$1.0m0.22%	0.22%	New
97	MESHFLOW ACQUISITION CORP USD CL A ORD SHS MESH	MESH	99,996	$1.0m0.22%	0.22%	New
98	QUANTUM LEAP ACQUISITION COR CL A ORD SHS QLEP	QLEP	100,000	$993.0k0.22%	0.22%	New
99	JENA ACQUISITION CORP II USD CL A ORD SHS JENA	JENA	94,050	$974.4k0.21%	0.21%	Reduced -1.3k	-1,300 -1.4%
100	FEDERATED HERMES PREM MUNI I COM FMN	FMN	84,716	$973.4k0.21%	0.21%	Added +50.5k	+50,534 147.8%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
MFS HIGH YIELD MUN TR XCMUX	XCMUX	3,531,732	$12.6m3.5m shares
MFS INVT GRADE MUN TR		1,184,498	$9.5m1.2m shares
FS KKR CAP CORP FSK	FSK	505,688	$5.1m505.7k shares
MONROE CAP CORP MRCC	MRCC	966,788	$4.4m966.8k shares
ALDABRA 4 LQDTY OPP VEH INC ALOVU	ALOVU	368,046	$3.7m368.0k shares
DAEDALUS SPL ACQUISITION COR DSACU	DSACU	281,901	$2.8m281.9k shares
MESHFLOW ACQUISITION CORP MESHU	MESHU	253,272	$2.5m253.3k shares
SIM ACQUISITION CORP. I SIMA	SIMA	200,000	$2.1m200.0k shares
SPRING VY ACQUISITION CORP I GFUZ	GFUZ	207,313	$2.1m207.3k shares
INDIGO ACQUISITION CORP INAC	INAC	175,036	$1.8m175.0k shares
MFS HIGH INCOME MUN TR		449,633	$1.7m449.6k shares
INFLECTION PT ACQUISIT CORP IPFXU	IPFXU	157,500	$1.6m157.5k shares
GIGCAPITAL8 CORP GIW	GIW	154,893	$1.5m154.9k shares
HCM IV ACQUISITION CORP HACQU	HACQU	150,000	$1.5m150.0k shares
M EVO GBL ACQUISITION CORP I MEVOU	MEVOU	150,022	$1.5m150.0k shares
BLACK SPADE ACQUISITION III BIII.U	BIII.U	150,000	$1.5m150.0k shares
LEGATO MERGER CORP IV LEGO.U	LEGO.U	150,000	$1.5m150.0k shares
FG IMPERII ACQUISITION CORP FGIIU	FGIIU	150,000	$1.5m150.0k shares
COLUMBUS CIRCLE CAP CORP II IPXGU	IPXGU	149,900	$1.5m149.9k shares
CLOUGH GLOBAL EQUITY FD XGLQX	XGLQX	171,906	$1.3m171.9k shares
SC II ACQUISITION CORP SCII	SCII	127,704	$1.3m127.7k shares
D BORAL ACQUISITION I CORP DBCAU	DBCAU	125,000	$1.2m125.0k shares
GRAF GLOBAL CORP TONT	TONT	100,000	$1.1m100.0k shares
TAVIA ACQUISITION CORP TAVI	TAVI	100,000	$1.1m100.0k shares
RANGE CAP ACQUISITION CORP RANG	RANG	100,000	$1.1m100.0k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
LOGAN RIDGE FINANCE CORP CPTA · 13G · filed 2025-04-03	CPTA	10.6%		13G	2025-04-03
BNY MELLON STRATEGIC MUN BD DSM · 13G · filed 2026-02-13	DSM	6.7%≈ $20.4m	+1.6 pts	13G	2026-02-13
INVESTCORP CR MGMT BDC INC ICMB · 13G · filed 2026-02-13	ICMB	5.4%≈ $911.7k	new	13G	2026-02-13
VOYA EMERGING MKTS HIGH DIVI XIHDX · 13G · filed 2026-02-13	XIHDX	5.1%≈ $7.0m	new	13G	2026-02-13