Closed-End Fund Advisors, Inc.

Q1 2026 13F-HR Holdings

Location
Richmond, VA
Holdings as of
3/31/2026
Date filed
5/11/2026
Form type
13F-HR
Num holdings
162
Total value ($000)
$98,273
Net value change ($000)
-71,037 (-42.0%)
New positions
8
Sold out positions
31
Turnover %
28.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/11/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
PNI 1,615 NEW
OTF 1,422 209.7%
KYN 1,217 39.2%
BPRE 1,121 60.9%
FSSL 1,084 195.3%
XFLT 890 NEW
MEGI 559 50.2%
SPXX 518 NEW
MHD 481 378.7%
NML 461 45.9%
Top Reduces (Value $000, Stocks/ETFs)
NCDL -6,192 -84.0%
NMFC -5,222 -96.7%
GBDC -5,165 -91.1%
BCSF -4,937 -83.9%
TRIN -4,740 -86.3%
OBDC -4,609 -100.0%
CION -4,367 -94.9%
MSDL -4,205 -87.5%
SLRC -4,033 -100.0%
SAR -3,680 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type