Arkolith/Funds/Closed-End Fund Advisors, Inc.

Closed-End Fund Advisors, Inc.

CIK 2103520
Holdings as of Jun 30, 2026·disclosed Jul 27, 2026·~27-day 13F lag·13F-HR
Active Filer

Closed-End Fund Advisors, Inc. holds a diversified book of 163 reported positions worth $102.4M as of Q2 2026 (disclosed Jul 27, 2026, a ~27-day 13F lag). This quarter Pershing Square USA Ltd first appears in 13F filings, a listing rather than a purchase; they opened Sixth Street Specialty Lendi and trimmed Allspring Global Dividend Op. Their largest long position is Kayne Anderson Energy Infra at 4% of the reported non-option book.

How much sits in the biggest positions

Top-heavy: diversified book

Top 5 holdings
14%
Top 10 holdings
22%
Top 20 holdings
38%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

2% mapped to company sectors

No sector on file yet
98%
Financials
1%
Information Technology
1%
Health Care
1%

+1 sector below the cut, under 0.5% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited
Newly reportable· first quarter we see the security in 13F filings · position value, not a trade

Funds with the most overlap

Other tracked managers holding the same core names as Closed-End Fund Advisors, Inc.

Manager / fundShared namesTheir $ in those
Muzinich & Co., Inc.9 / 80$137.9M
Thomas J. Herzfeld Advisors, Inc.42 / 80$151.4M
Robinson Capital Management, LLC18 / 80$76.7M
Bulldog Investors, LLP17 / 80$136.7M
Matisse Capital18 / 80$64.0M
Almitas Capital LLC31 / 80$105.7M
Rivernorth Capital Management, LLC30 / 80$424.9M
City Of London Investment Management Co Ltd21 / 80$345.1M

Ranked by the share of each fund's own book sitting in the names it shares with Closed-End Fund Advisors, Inc.: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

163 positions
#SecurityValueShares% PortLast moveHistory
1Kayne Anderson Energy Infrst
COM
$4.3M311.1K
4.2%
+2.8%
Added · +8K sh
2Bluerock PVT Real Estate FD
COM
$2.7M208.5K
2.7%
+17%
Added · +30K sh
3Aberdeen Mun Income FD
SH BEN INT
$2.6M466.8K
2.6%
+70%
Added · +192K sh
4Allspring Global Dividend Op
COM
$2.3M349.9K
2.2%
−0.9%
Reduced · −3K sh
5Tortoise Energy Infrstrctr C
COM
$1.9M44.6K
1.9%
−5.3%
Reduced · −3K sh
6FS Specialty Lending FD
COM SH BEN INT
$1.9M170.3K
1.9%
+30%
Added · +39K sh
7Calamos LNG SHR Eqt Dynamic
COM
$1.9M143.2K
1.8%
+3.5%
Added · +5K sh
8Rivernorth Flexible Muni Inc
COM
$1.8M135.3K
1.8%
−4.4%
Reduced · −6K sh
9Saba Capital Income & Opport
COM NEW
$1.7M204.1K
1.7%
+1.8%
Added · +4K sh
10Highland Opps & Income FD
HIGHLAND INCOME
$1.7M237.1K
1.7%
+0.7%
Added · +2K sh
11Nyli Cbre GBL Infr Megtrnds
COM
$1.7M110.3K
1.6%
−3.1%
Reduced · −4K sh
12Pimco New York Mun FD II
COM
$1.7M234.9K
1.6%
−0.3%
Reduced · −842 sh
13Blue Owl Technology Fin Corp
COMMON STOCK
$1.7M159.5K
1.6%
−5.9%
Reduced · −10K sh
14Abrdn Natl Mun Income FD
SH BEN INT
$1.6M158.4K
1.6%
+3.1%
Added · +5K sh
15Pgim Short Dur Hig Yld Opp F
COM
$1.6M97.3K
1.6%
−8.6%
Reduced · −9K sh
16Nuveen Churchill Direct Lend
COM SHS
$1.6M126.3K
1.5%
+36%
Added · +33K sh
17Destra Multi-Alternative FD
COMMON SHARES
$1.6M209.2K
1.5%
+4.2%
Added · +8K sh
18Angel Oak Finl Strategies In
COM BEN INT
$1.5M118.8K
1.5%
−1.5%
Reduced · −2K sh
19Brookfield Real Assets Incom
SHS BEN INT
$1.5M116.6K
1.5%
+1.4%
Added · +2K sh
20Neuberger Engy Infrstr & Inc
COM
$1.4M142.7K
1.4%
+2.4%
Added · +3K sh
21Western Ast Infl LKD Opp & I
COM
$1.3M157.1K
1.3%
+0.5%
Added · +755 sh
22Putnam ETF Trust
BDC INCOME ETF
$1.3M47.8K
1.3%
+71%
Added · +20K sh
23Guggenheim Active Alloc FD
COMMON STOCK
$1.3M80.6K
1.3%
−24%
Reduced · −26K sh
24FS Credit Opportunities Corp
COMMON STOCK
$1.2M242.3K
1.2%
−8.3%
Reduced · −22K sh
25ClearBridge Energy Midstream
COM
$1.1M22.9K
1.1%
+0.1%
Added · +33 sh
26Arrowmark Financial Corp
COM
$1.1M54.6K
1.0%
−22%
Reduced · −15K sh
27Kayne Anderson BDC Inc
COM SHS
$1.1M78.5K
1.0%
+119%
Added · +43K sh
28Blackstone Long Short CR Inc
COM SHS BN INT
$1.1M96.9K
1.0%
+28%
Added · +21K sh
29Cohen & Steers Real Estate O
SHS BENFIN INT
$1.1M66.8K
1.0%
+3.8%
Added · +2K sh
30Flaherty & Crumrine Dynamic
SHS
$1.0M50.5K
1.0%
+15%
Added · +7K sh
31Xai Floating Rate & Alter In
COM SHS BENF INT
$996K56.8K
1.0%
+9.5%
Added · +5K sh
32Nuveen Real Estate Income FD
COM
$983K116.6K
1.0%
+6.8%
Added · +7K sh
33Nuveen Vriabl Rat PFD & Inm
COM
$970K51.5K
0.9%
−5.5%
Reduced · −3K sh
34Pimco Calif Mun Income FD
COM
$938K104.6K
0.9%
−4.3%
Reduced · −5K sh
35Bain Cap Specialty Fin Inc
COM STK
$929K74.2K
0.9%
−2.5%
Reduced · −2K sh
36Nuveen Multi Asset Income Fu
COM
$912K64.4K
0.9%
+2.4%
Added · +2K sh
37Flaherty & Crumrine PFD Inco
COM
$877K94.9K
0.9%
+0.2%
Added · +196 sh
38Principal Real Estate Income
SHS BEN INT
$852K82.8K
0.8%
+1.3%
Added · +1K sh
39Trinity Cap Inc
COM
$845K47.3K
0.8%
−7.6%
Reduced · −4K sh
40Carlyle Secured Lending Inc
COM
$822K78.1K
0.8%
−21%
Reduced · −21K sh
41Nuveen Real Asset Income & G
COM
$801K61.8K
0.8%
+6.9%
Added · +4K sh
42Flaherty & Crumrine Total Re
COM
$786K46.5K
0.8%
+3.2%
Added · +1K sh
43Hercules Capital Inc
COM
$776K49.2K
0.8%
+65%
Added · +19K sh
44Pershing Square USA Ltd
COM SHS
$775K20.7K
0.8%
Listed
Newly reportable
45Thornburg Incm Builder Opp T
COM
$758K34.3K
0.7%
−4.3%
Reduced · −2K sh
46Pimco ETF TR
ENHAN SHRT MA AC
$732K7.3K
0.7%
−6.3%
Reduced · −489 sh
47Abrdn Healthcare Investors
SH BEN INT
$710K32.3K
0.7%
−15%
Reduced · −6K sh
48Federated Hermes Prem Muni I
COM
$702K61.1K
0.7%
+18%
Added · +9K sh
49Abrdn Total Dynamic Dividend
COM SH BEN INT
$701K68.0K
0.7%
+1.3%
Added · +857 sh
50AllianceBernstein Natl Mun I
COM
$692K60.7K
0.7%
−3.2%
Reduced · −2K sh
Showing 50 of 163 positions
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Filing history

As-of date vs the date the SEC received each filing

$169.3M · Q4 2025Q4 2025 · $169.3MQ2 2026 · $102.4M

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Jul 27, 202627d163$102.4M13F-HR
Q1 2026Mar 31, 2026May 11, 202641d162$98.3M13F-HR
Q4 2025Dec 31, 2025Feb 11, 202642d204$169.3M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.