Closed-End Fund Advisors, Inc.

RICHMOND, VA · CIK 2103520 · 13F filing filed 2026-07-27

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyRichmond, VA

$102.4m reported value +4.2% vs Q1 2026

163positions

22.3%in top 10

10 new 66 added 65 reduced 9 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	KAYNE ANDERSON ENERGY INFRST COM KYN	KYN	311,135	$4.3m4.20%	4.20%	Added +8.4k	+8,422 2.8%
2	BLUEROCK PVT REAL ESTATE FD COM BPRE	BPRE	208,547	$2.7m2.65%	2.65%	Added +30.3k	+30,271 17.0%
3	MFS MUN INCOME TR SH BEN INT MFM	MFM	466,837	$2.6m2.56%	2.56%	Added +191.6k	+191,581 69.6%
4	ALLSPRING GLOBAL DIVIDEND OP COM EOD	EOD	349,860	$2.3m2.23%	2.23%	Reduced -3.3k	-3,296 -0.9%
5	TORTOISE ENERGY INFRA CORP COM TYG	TYG	44,601	$1.9m1.87%	1.87%	Reduced -2.5k	-2,516 -5.3%
6	FS SPECIALTY LENDING FD COM SH BEN INT FSSL	FSSL	170,332	$1.9m1.86%	1.86%	Added +39.4k	+39,352 30.0%
7	CALAMOS LNG SHR EQT DYNAMIC COM CPZ	CPZ	143,176	$1.9m1.83%	1.83%	Added +4.9k	+4,899 3.5%
8	RIVERNORTH FLEXIBLE MUNI INC COM RFMZ	RFMZ	135,328	$1.8m1.80%	1.80%	Reduced -6.3k	-6,295 -4.4%
9	SABA CAPITAL INCOME & OPPORT COM NEW SABA	SABA	204,065	$1.7m1.66%	1.66%	Added +3.5k	+3,536 1.8%
10	HIGHLAND OPPORTUNITIES HIGHLAND INCOME HFRO	HFRO	237,067	$1.7m1.65%	1.65%	Added +1.7k	+1,743 0.7%
11	NYLI CBRE GBL INFR MEGTRNDS COM MEGI	MEGI	110,327	$1.7m1.64%	1.64%	Reduced -3.6k	-3,563 -3.1%
12	PIMCO NEW YORK MUN FD II COM PNI	PNI	234,876	$1.7m1.63%	1.63%	Reduced -842	-842 -0.4%
13	BLUE OWL TECHNOLOGY FIN CORP COMMON STOCK OTF	OTF	159,487	$1.7m1.61%	1.61%	Reduced -10.0k	-9,969 -5.9%
14	ABRDN NATL MUN INCOME FD SH BEN INT SH BEN INT		158,424	$1.6m1.60%	1.60%	Added +4.7k	+4,709 3.1%
15	PGIM SHORT DUR HIG YLD OPP F COM SDHY	SDHY	97,293	$1.6m1.56%	1.56%	Reduced -9.2k	-9,199 -8.6%
16	NUVEEN CHURCHILL DIRECT LEND COM SHS NCDL	NCDL	126,329	$1.6m1.53%	1.53%	Added +33.4k	+33,372 35.9%
17	DESTRA MULTI-ALTERNATIVE FD COMMON SHARES DMA	DMA	209,212	$1.6m1.53%	1.53%	Added +8.4k	+8,383 4.2%
18	ANGEL OAK FINL STRATEGIES IN COM BEN INT FINS	FINS	118,848	$1.5m1.49%	1.49%	Reduced -1.9k	-1,852 -1.5%
19	BROOKFIELD REAL ASSETS INCOM SHS BEN INT RA	RA	116,624	$1.5m1.47%	1.47%	Added +1.6k	+1,572 1.4%
20	NEUBERGER BERMAN ENERGY INFR COM NML	NML	142,740	$1.4m1.41%	1.41%	Added +3.4k	+3,367 2.4%
21	WESTERN AST INFL LKD OPP & I COM WIW	WIW	157,106	$1.3m1.29%	1.29%	Added +755	+755 0.5%
22	PUTNAM ETF TRUST BDC INCOME ETF PBDC	PBDC	47,816	$1.3m1.27%	1.27%	Added +19.8k	+19,773 70.5%
23	GUGGENHEIM ACTIVE ALLOC FD COMMON STOCK GUG	GUG	80,586	$1.3m1.26%	1.26%	Reduced -26.1k	-26,102 -24.5%
24	FS CREDIT OPPORTUNITIES CORP COMMON STOCK FSCO	FSCO	242,291	$1.2m1.18%	1.18%	Reduced -21.9k	-21,931 -8.3%
25	CLEARBRIDGE ENERGY MIDSTRM O COM EMO	EMO	22,885	$1.1m1.12%	1.12%	Added +33	+33 0.1%
26	ARROWMARK FINANCIAL CORP COM BANX	BANX	54,650	$1.1m1.04%	1.04%	Reduced -15.1k	-15,123 -21.7%
27	KAYNE ANDERSON BDC INC COM SHS KBDC	KBDC	78,501	$1.1m1.04%	1.04%	Added +42.6k	+42,646 118.9%
28	BLACKSTONE LONG SHORT CR INC COM SHS BN INT BGX	BGX	96,941	$1.1m1.03%	1.03%	Added +21.3k	+21,302 28.2%
29	COHEN & STEERS REAL ESTATE O SHS BENFIN INT RLTY	RLTY	66,771	$1.1m1.03%	1.03%	Added +2.4k	+2,420 3.8%
30	FLAHERTY & CRUMRINE DYNAMIC SHS DFP	DFP	50,509	$1.0m1.02%	1.02%	Added +6.5k	+6,509 14.8%
31	XAI FLOATING RATE & ALTER IN COM SHS BENF INT XFLT	XFLT	56,777	$996.4k0.97%	0.97%	Added +4.9k	+4,946 9.5%
32	NUVEEN REAL ESTATE INCOME FD COM JRS	JRS	116,580	$982.8k0.96%	0.96%	Added +7.5k	+7,470 6.8%
33	NUVEEN VRIABL RAT PFD & INM COM NPFD	NPFD	51,519	$969.6k0.95%	0.95%	Reduced -3.0k	-2,975 -5.5%
34	PIMCO CALIF MUN INCOME FD COM XPCQX	XPCQX	104,576	$938.0k0.92%	0.92%	Reduced -4.7k	-4,683 -4.3%
35	BAIN CAP SPECIALTY FIN INC COM STK BCSF	BCSF	74,186	$928.8k0.91%	0.91%	Reduced -1.9k	-1,916 -2.5%
36	NUVEEN MULTI ASSET INCOME FU COM NMAI	NMAI	64,361	$912.0k0.89%	0.89%	Added +1.5k	+1,531 2.4%
37	FLAHERTY & CRUMRINE PFD INCO COM PFO	PFO	94,929	$877.1k0.86%	0.86%	Added +196	+196 0.2%
38	PRINCIPAL REAL ESTATE INCOME SHS BEN INT PGZ	PGZ	82,825	$852.3k0.83%	0.83%	Added +1.1k	+1,091 1.3%
39	TRINITY CAP INC COM TRIN	TRIN	47,259	$845.5k0.83%	0.83%	Reduced -3.9k	-3,907 -7.6%
40	CARLYLE SECURED LENDING INC COM CGBD	CGBD	78,104	$822.4k0.80%	0.80%	Reduced -20.7k	-20,681 -20.9%
41	NUVEEN REAL ASSET INCOME & G COM JRI	JRI	61,800	$800.9k0.78%	0.78%	Added +4.0k	+3,991 6.9%
42	FLAHERTY & CRUMRINE TOTAL RE COM FLC	FLC	46,527	$786.3k0.77%	0.77%	Added +1.5k	+1,460 3.2%
43	HERCULES CAPITAL INC COM HTGC	HTGC	49,193	$775.8k0.76%	0.76%	Added +19.3k	+19,348 64.8%
44	PERSHING SQUARE USA LTD COM SHS PSUS	PSUS	20,735	$775.1k0.76%	0.76%	New
45	THORNBURG INCM BUILDER OPP T COM TBLD	TBLD	34,337	$757.8k0.74%	0.74%	Reduced -1.5k	-1,526 -4.3%
46	PIMCO ETF TR ENHAN SHRT MA AC MINT	MINT	7,265	$732.4k0.72%	0.72%	Reduced -489	-489 -6.3%
47	ABRDN HEALTHCARE INVESTORS SH BEN INT HQH	HQH	32,293	$709.8k0.69%	0.69%	Reduced -5.7k	-5,722 -15.1%
48	FEDERATED HERMES PREM MUNI I COM FMN	FMN	61,097	$702.0k0.69%	0.69%	Added +9.3k	+9,283 17.9%
49	ABRDN TOTAL DYNAMIC DIVIDEND COM SH BEN INT XAODX	XAODX	67,977	$700.8k0.68%	0.68%	Added +857	+857 1.3%
50	ALLIANCEBERNSTEIN NATL MUN I COM AFB	AFB	60,689	$692.5k0.68%	0.68%	Reduced -2.0k	-1,989 -3.2%
51	NEUBERGER BERMAN NEXT GENERA COMMON STOCK NBXG	NBXG	40,996	$678.1k0.66%	0.66%	Added +336	+336 0.8%
52	BNY MELLON STRATEGIC MUNS IN COM LEO	LEO	104,718	$676.5k0.66%	0.66%	Unchanged
53	VIRTUS DIVIDEND INTEREST & P COM NFJ	NFJ	43,050	$653.9k0.64%	0.64%	Reduced -3.1k	-3,134 -6.8%
54	MICROSOFT CORP COM MSFT	MSFT	1,701	$634.5k0.62%	0.62%	Unchanged
55	BNY MELLON STRATEGIC MUN BD COM DSM	DSM	100,339	$617.1k0.60%	0.60%	Unchanged
56	ABRDN EMERGING MARKETS EX CH COM AEF	AEF	63,820	$612.7k0.60%	0.60%	Reduced -11.2k	-11,208 -14.9%
57	MORGAN STANLEY DIRECT LENDIN COM SHS MSDL	MSDL	40,516	$612.6k0.60%	0.60%	Reduced -2.3k	-2,325 -5.4%
58	DUFF & PHELPS UTLITY AND INF COM DPG	DPG	40,695	$603.9k0.59%	0.59%	Reduced -1.1k	-1,074 -2.6%
59	ABRDN LIFE SCIENCES INVESTOR SH BEN INT HQL	HQL	30,171	$603.7k0.59%	0.59%	Added +3.7k	+3,668 13.8%
60	BLACKSTONE STRATEGIC CRED 20 COM SHS BEN IN BGB	BGB	52,645	$594.9k0.58%	0.58%	Reduced -396	-396 -0.8%
61	RIVERNORTH MANAGED DUR MUN I COM RMMZ	RMMZ	38,401	$577.6k0.56%	0.56%	Unchanged
62	BLACKROCK MUNIHOLDINGS FD IN COM MHD	MHD	48,441	$576.4k0.56%	0.56%	Reduced -5.5k	-5,471 -10.2%
63	BLACKROCK ENHANCED GLOBAL DI COM XBOEX	XBOEX	46,691	$564.5k0.55%	0.55%	Reduced -2.5k	-2,476 -5.0%
64	CRESCENT CAP BDC INC COM CCAP	CCAP	51,426	$561.6k0.55%	0.55%	Reduced -4.4k	-4,391 -7.9%
65	EATON VANCE TAX-MANAGED GLOB COM ETW	ETW	58,226	$561.3k0.55%	0.55%	Reduced -575	-575 -1.0%
66	WESTERN ASSET MANAGED MUNS F COM MMU	MMU	53,855	$561.2k0.55%	0.55%	Reduced -3.0k	-2,995 -5.3%
67	NUVEEN S&P 500 DYNAMIC OVERW COM XSSPX	XSSPX	29,629	$552.3k0.54%	0.54%	Reduced -2.6k	-2,603 -8.1%
68	SIXTH STREET SPECIALTY LENDI COM TSLX	TSLX	31,937	$548.4k0.54%	0.54%	New
69	BLACKROCK MUN TARGET TERM TR COM SHS BEN IN BTT	BTT	23,647	$538.0k0.53%	0.53%	Reduced -229	-229 -1.0%
70	CENTRAL SECS CORP COM CET	CET	10,240	$537.1k0.52%	0.52%	Reduced -236	-236 -2.2%
71	BLACKROCK ENHANCED INTL DIV COM BENE INTER XBGYX	XBGYX	91,033	$522.5k0.51%	0.51%	Added +8.5k	+8,531 10.3%
72	BLACKSTONE SECD LENDING FD COMMON STOCK BXSL	BXSL	21,784	$516.5k0.50%	0.50%	Reduced -9.2k	-9,202 -29.7%
73	ARES DYNAMIC CR ALLOCATION F COM ARDC	ARDC	39,748	$502.0k0.49%	0.49%	Added +2.1k	+2,094 5.6%
74	ABRDN GLOBAL INFRA INCOME FU COM SHS BEN INT ASGI	ASGI	21,126	$491.2k0.48%	0.48%	Reduced -4.7k	-4,690 -18.2%
75	GOLUB CAP BDC INC COM GBDC	GBDC	38,083	$490.5k0.48%	0.48%	Reduced -1.7k	-1,668 -4.2%
76	ELI LILLY & CO COM LLY	LLY	400	$479.8k0.47%	0.47%	Unchanged
77	CAPITAL SOUTHWEST CORP COM CSWC	CSWC	19,487	$463.2k0.45%	0.45%	Reduced -11.1k	-11,101 -36.3%
78	NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT NZF	NZF	33,684	$427.1k0.42%	0.42%	Reduced -1.5k	-1,465 -4.2%
79	SRH TOTAL RETURN FUND INC COM STEW	STEW	23,039	$412.4k0.40%	0.40%	Reduced -1.0k	-1,001 -4.2%
80	TEMPLETON EMERGING MKTS FD COM EMF	EMF	17,672	$410.3k0.40%	0.40%	Reduced -319	-319 -1.8%
81	FIRST TR EXCHNG TRADED FD VI FT ENERGY INCOME EIPI	EIPI	18,135	$396.1k0.39%	0.39%	Unchanged
82	RUNWAY GROWTH FINANCE CORP COM RWAY	RWAY	70,585	$396.0k0.39%	0.39%	Added +14.1k	+14,085 24.9%
83	GOLDMAN SACHS BDC INC SHS GSBD	GSBD	41,742	$395.7k0.39%	0.39%	Reduced -592	-592 -1.4%
84	ARES CAPITAL CORP COM ARCC	ARCC	19,987	$370.4k0.36%	0.36%	Reduced -6.5k	-6,459 -24.4%
85	ALLSPRING MULTI SECTOR INCOM COM ERC	ERC	39,564	$364.4k0.36%	0.36%	Added +2.9k	+2,882 7.9%
86	NUVEEN MORTGAGE AND INCOME F COM JLS	JLS	20,710	$362.0k0.35%	0.35%	Reduced -100	-100 -0.5%
87	MFS MULTIMARKET INCOME TR SH BEN INT MMT	MMT	81,616	$359.1k0.35%	0.35%	Added +48.2k	+48,231 144.5%
88	VOYA GLBL ADV & PREM OPP FD COM IGA	IGA	36,103	$357.4k0.35%	0.35%	Added +871	+871 2.5%
89	NUVEEN AMT FREE MUN CR INC F COM NVG	NVG	27,043	$346.1k0.34%	0.34%	Unchanged
90	BLACKROCK MUNIYIELD QUALITY COM MYI	MYI	30,881	$343.1k0.34%	0.34%	Unchanged
91	WESTERN ASSET DIVERSIFIED IN COM SHS BEN INT WDI	WDI	25,287	$342.9k0.33%	0.33%	Added +822	+822 3.4%
92	MIDCAP FINANCIAL INVSTMNT CO COM NEW MFIC	MFIC	32,967	$332.3k0.32%	0.32%	Reduced -906	-906 -2.7%
93	ADAMS DIVERSIFIED EQUITY FD COM ADX	ADX	12,964	$331.2k0.32%	0.32%	Reduced -3.1k	-3,111 -19.4%
94	EXCHANGE LISTED FDS TR SABA INT RATE CEFS	CEFS	12,851	$329.5k0.32%	0.32%	Added +199	+199 1.6%
95	BLACKROCK INNOVATION AND GRW SHS BEN INT BTX	BTX	36,438	$329.0k0.32%	0.32%	Added +14.5k	+14,455 65.8%
96	BLACKROCK CR ALLOCATION INCO COM BTZ	BTZ	32,040	$327.4k0.32%	0.32%	Added +450	+450 1.4%
97	RIVERNORTH DOUBLELINE STRATE COM OPP	OPP	42,324	$326.7k0.32%	0.32%	Added +1.7k	+1,689 4.2%
98	NEUBERGER BERMAN MUN FD INC COM NBH	NBH	30,916	$326.2k0.32%	0.32%	Unchanged
99	VIRTUS CONVERTIBLE & INC FD COM NEW NCZ	NCZ	20,471	$325.5k0.32%	0.32%	Added +1.5k	+1,513 8.0%
100	BLACKROCK SCIENCE & TECHNOLO SHS BEN INT BSTZ	BSTZ	10,567	$317.3k0.31%	0.31%	Reduced -214	-214 -2.0%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
MFS HIGH INCOME MUN TR		274,770	$1.0m274.8k shares
AIRBNB INC ABNB	ABNB	2,500	$315.7k2.5k shares
OAKTREE SPECIALTY LENDING CO OCSL	OCSL	22,787	$257.5k22.8k shares
MFS CHARTER INCOME TR XMCRX	XMCRX	30,841	$186.9k30.8k shares
NUVEEN NEW JERSEY QULT MUN F XNXJX	XNXJX	10,849	$133.4k10.8k shares
MFS INVT GRADE MUN TR		15,498	$123.8k15.5k shares
GDL FD GDL	GDL	11,368	$94.7k11.4k shares
MONROE CAP CORP MRCC	MRCC	12,825	$59.0k12.8k shares
MFS HIGH YIELD MUN TR XCMUX	XCMUX	13,091	$46.9k13.1k shares