CIK: 0001599795 · Show all filings
Period: Q2 2025 (← Previous) (Next →)
Filing Date: Aug 14, 2025
Total Value ($000): $238,487 (99.6% shares, 0.4% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| — | INVESCO MUN OPPORTUNITY TR | 1,727,121 | $15,855 | 6.6% | $9.93 | — | COM | 46132C107 |
| — | INVESCO TR INVT GRADE MUNS | 1,189,186 | $11,285 | 4.7% | $9.87 | — | COM | 46131M106 |
| — | BLACKROCK MUN INCOME TR | 1,159,433 | $11,119 | 4.7% | $10.05 | — | SH BEN INT | 09248F109 |
| — | INVESCO MUNICIPAL TRUST | 1,144,311 | $10,470 | 4.4% | $9.79 | — | COM | 46131J103 |
| — | BLACKROCK MUNI INCOME TR II | 1,026,233 | $10,303 | 4.3% | $10.99 | — | COM | 09249N101 |
| — | INVESCO ADVANTAGE MUN INCOME | 1,160,347 | $9,712 | 4.1% | $8.50 | — | SH BEN INT | 46132E103 |
| — | BLACKROCK MUNIHLDNGS CALI QL | 758,664 | $7,852 | 3.3% | $11.07 | — | COM | 09254L107 |
| — | BLACKROCK MUNIYIELD MICH QU | 648,615 | $7,161 | 3.0% | $11.24 | — | COM | 09254V105 |
| — | INVESCO QUALITY MUN INCOME T | 740,873 | $6,949 | 2.9% | $9.73 | — | COM | 46133G107 |
| — | NUVEEN QUALITY MUNCP INCOME | 575,811 | $6,501 | 2.7% | $11.17 | — | COM | 67066V101 |
| XMVTX | BLACKROCK MUNIVEST FD II INC | 562,820 | $6,354 | 2.7% | $10.61 | — | COM | 09253T101 |
| — | INVESCO VALUE MUN INCOME TR | 490,018 | $5,704 | 2.4% | $11.71 | — | COM | 46132P108 |
| — | RIVERNORTH MANAGED DUR MUN I | 424,098 | $5,687 | 2.4% | $13.97 | — | COM | 76882H105 |
| XMQTX | BLACKROCK MUNIYIELD QUALITY | 581,510 | $5,606 | 2.4% | $10.32 | — | COM | 09254G108 |
| — | BLACKROCK MUNIYIELD QUALITY | 504,646 | $5,294 | 2.2% | $11.24 | — | COM | 09254E103 |
| — | NUVEEN AMT FREE MUN CR INC F | 440,998 | $5,261 | 2.2% | $11.66 | — | COM | 67071L106 |
| — | NUVEEN NEW JERSEY QULT MUN F | 450,111 | $5,109 | 2.1% | $11.50 | — | COM | 67069Y102 |
| — | BLACKROCK MUNIHLDGS NJ QLTY | 427,670 | $4,683 | 2.0% | $11.42 | — | COM | 09254X101 |
| — | NUVEEN NEW YORK AMT QLT MUNI | 452,967 | $4,489 | 1.9% | $10.77 | — | COM | 670656107 |
| — | BLACKROCK MUNIYIELD N Y QUAL | 462,946 | $4,412 | 1.8% | $10.38 | — | COM | 09255E102 |
| — | BLACKROCK MUN INCOME QUALITY | 407,198 | $4,300 | 1.8% | $10.93 | — | COM | 092479104 |
| — | INVESCO PA VALUE MUN INC TR | 408,018 | $4,105 | 1.7% | $10.22 | — | COM | 46132K109 |
| — | WESTERN ASSET MANAGED MUNS F | 408,162 | $4,041 | 1.7% | $11.15 | — | COM | 95766M105 |
| XMVFX | BLACKROCK MUNIVEST FD INC | 553,080 | $3,639 | 1.5% | $7.55 | — | COM | 09253R105 |
| — | BLACKROCK MUNIHOLDINGS QUALI | 367,085 | $3,517 | 1.5% | $10.05 | — | COM | 09254C107 |
| — | RIVERNORTH FLEXIBLE MUNI INC | 278,179 | $3,516 | 1.5% | $12.96 | — | COM | 76883Y107 |
| — | BLACKROCK MUNIHOLDINGS FD IN | 310,361 | $3,476 | 1.5% | $11.92 | — | COM | 09253N104 |
| — | INVESCO TR INVT GRADE NEW YO | 273,763 | $2,858 | 1.2% | $10.68 | — | COM | 46131T101 |
| — | NUVEEN PENNSYLVANIA QLT MUN | 248,384 | $2,787 | 1.2% | $11.42 | — | COM | 670972108 |
| XBKNX | BLACKROCK INVT QUALITY MUN T | 251,536 | $2,747 | 1.2% | $11.26 | — | COM | 09247D105 |
| — | NUVEEN AMT FREE QLTY MUN INC | 235,327 | $2,570 | 1.1% | $10.80 | — | COM | 670657105 |
| XMYDX | BLACKROCK MUNIYIELD FD INC | 248,548 | $2,495 | 1.0% | $10.58 | — | COM | 09253W104 |
| — | NUVEEN MUNICIPAL CREDIT INC | 202,535 | $2,414 | 1.0% | $11.12 | — | COM SH BEN INT | 67070X101 |
| — | RIVERNORTH OPPORTUNISTIC MUN | 163,438 | $2,330 | 1.0% | $14.81 | — | COM | 76883F108 |
| — | BLACKROCK MUNIYILD QULT FD I | 200,126 | $2,223 | 0.9% | $11.66 | — | COM | 09254F100 |
| — | RIVERNORTH FLEXIBLE MUN INCO | 153,772 | $2,145 | 0.9% | $14.18 | — | COM | 76883H104 |
| — | BLACKROCK MUNIASSETS FD INC | 193,252 | $2,134 | 0.9% | $10.75 | — | COM | 09254J102 |
| XBFZX | BLACKROCK CALIF MUN INCOME T | 195,158 | $2,108 | 0.9% | $11.11 | — | SH BEN INT | 09248E102 |
| — | NUVEEN MUN CR OPPORTUNITIES | 185,428 | $1,990 | 0.8% | $10.38 | — | COM | 670663103 |
| — | PIMCO CALIF MUN INCOME FD | 188,997 | $1,623 | 0.7% | $8.59 | — | COM | 72200N106 |
| — | WESTERN ASSET INTER MUNI FD | 194,504 | $1,463 | 0.6% | $7.62 | — | COM | 958435109 |
| — | NUVEEN MUN VALUE FD INC | 165,384 | $1,437 | 0.6% | $8.69 | — | COM | 670928100 |
| — | NUVEEN CA QUALTY MUN INCOME | 122,707 | $1,371 | 0.6% | $10.98 | — | COM | 67066Y105 |
| — | PIMCO MUN INCOME FD II | 160,095 | $1,193 | 0.5% | $7.45 | — | COM | 72200W106 |
| — | BLACKROCK MUNIHLDGS NY QLTY | 120,619 | $1,184 | 0.5% | $10.49 | — | COM | 09255C106 |
| — | EATON VANCE MUN BD FD | 119,746 | $1,154 | 0.5% | $9.97 | — | COM | 27827X101 |
| — | NEUBERGER BERMAN MUN FD INC | 108,711 | $1,069 | 0.4% | $10.08 | — | COM | 64124P101 |
| — | NUVEEN DYNAMIC MUN OPPORTUNI | 91,695 | $923 | 0.4% | $10.03 | — | COM SHS | 67079X102 |
| — | RIVERNORTH MANAGED DUR MUN I | 64,235 | $903 | 0.4% | $14.06 | — | COM | 76882M104 |
| — | PUTNAM MUN OPPORTUNITIES TR | 88,439 | $875 | 0.4% | $9.89 | — | SH BEN INT | 746922103 |
| XPMQX | PIMCO MUN INCOME FD III | 109,933 | $797 | 0.3% | $7.25 | — | COM | 72201A103 |
| — | PIMCO MUN INCOME FD | 97,867 | $781 | 0.3% | $7.98 | — | COM | 72200R107 |
| — | ALLSPRING UTILITIES AND HIGH | 55,117 | $699 | 0.3% | $10.14 | — | WF UTILITIES INC | 94987E109 |
| XPCKX | PIMCO CALIF MUN INCOME FD II | 123,013 | $659 | 0.3% | $5.36 | — | COM | 72200M108 |
| — | KKR INCOME OPPORTUNITIES FD | 52,089 | $654 | 0.3% | $12.32 | — | COM | 48249T106 |
| — | NUVEEN CR STRATEGIES INCOME | 120,650 | $650 | 0.3% | $5.39 | — | COM SHS | 67073D102 |
| — | WESTERN ASSET MTG DEFINED OP | 53,687 | $641 | 0.3% | $11.57 | — | COM | 95790B109 |
| — | WESTERN ASSET DIVERSIFIED IN | 42,740 | $634 | 0.3% | $17.71 | — | COM SHS BEN INT | 95790K109 |
| — | WESTERN ASSET HIGH INCOM FD | 147,625 | $633 | 0.3% | $4.32 | — | COM | 95766J102 |
| REM | ISHARES TR | 29,420 | $629 | 0.3% | $22.69 | — | MORTGE REL ETF | 46435G342 |
| — | WESTERN ASSET GBL HIGH INC F | 95,930 | $627 | 0.3% | $6.67 | — | COM | 95766B109 |
| — | BROOKFIELD REAL ASSETS INCOM | 46,602 | $623 | 0.3% | $12.22 | — | SHS BEN INT | 112830104 |
| — | FLAHERTY & CRUMRINE PFD INCO | 55,008 | $622 | 0.3% | $9.26 | — | COM | 338480106 |
| — | WESTERN AST INFL LKD OPP & I | 68,740 | $602 | 0.3% | $8.76 | — | COM | 95766R104 |
| — | NUVEEN MORTGAGE AND INCOME F | 31,267 | $586 | 0.2% | $18.62 | — | COM | 670735109 |
| XBNYX | BLACKROCK N Y MUN INCOME TRU | 55,829 | $540 | 0.2% | $10.68 | — | SH BEN INT | 09248L106 |
| — | PIMCO NEW YORK MUN FD II | 69,694 | $524 | 0.2% | $7.52 | — | COM | 72200Y102 |
| — | NUVEEN FLOATING RATE INCOME | 60,480 | $512 | 0.2% | $8.47 | — | COM | 67072T108 |
| — | PRINCIPAL REAL ESTATE INCOME | 46,088 | $485 | 0.2% | $11.12 | — | SHS BEN INT | 74255X104 |
| — | VIRTUS CONVERTIBLE & INC FD | 35,467 | $455 | 0.2% | $11.56 | — | COM NEW | 92838U801 |
| VT | VANGUARD INTL EQUITY INDEX F | 3,500 | $450 | 0.2% | $79.76 | — | TT WRLD ST ETF | 922042742 |
| — | VIRTUS CONVERTIBLE & INCOME | 31,336 | $445 | 0.2% | $14.20 | — | COM NEW | 92838X805 |
| XBTAX | BLACKROCK LONG-TERM MUN ADVA | 38,187 | $350 | 0.1% | $9.17 | — | COM | 09250B103 |
| — | JOHN HANCOCK DIVERSIFIED INC | 30,308 | $321 | 0.1% | $10.21 | — | COM | 47804L102 |
| DMAAU | DRUGS MADE IN AMER ACQUTN CO | 30,000 | $310 | 0.1% | $10.32 | — | UNIT 10/15/2029 | G2847J120 |
| VCIC | VINE HILL CAP INVT CORP. | 25,250 | $263 | 0.1% | $10.10 | +1.8% | ORD SHS CL A | G93Y09107 |
| — | FLAHERTY & CRUMRINE PFD SECS | 15,113 | $246 | 0.1% | $16.42 | — | COM | 338478100 |
| GPAT | GP-ACT III ACQUISITION CORP | 22,250 | $235 | 0.1% | $10.02 | +4.2% | CL A | G4035N103 |
| IPEX | MAYWOOD ACQUISITION CORP | 22,451 | $227 | 0.1% | $10.01 | 0.0% | ORD SHS CL A | G6001J107 |
| RFAI | RF ACQUISITION CORP II | 20,250 | $214 | 0.1% | $10.18 | +2.8% | SHS | G75389109 |
| CCIX | CHURCHILL CAPITAL CORP IX | 18,250 | $192 | 0.1% | $10.02 | +8.5% | CL A SHS | G21301109 |
| RANG | RANGE CAP ACQUISITION CORP | 18,250 | $188 | 0.1% | $10.16 | 0.0% | ORD SHS | G7375C108 |
| CUBWU | LIONHEART HOLDINGS | 18,000 | $187 | 0.1% | $9.99 | — | UNIT 99/99/9999 | G5501C125 |
| UCFI | IRON HORSE ACQUISITIONS CORP | 18,000 | $186 | 0.1% | $10.02 | +5.1% | COM | 462837105 |
| — | GSR III ACQUISITION CORP | 15,250 | $165 | 0.1% | $10.04 | — | CL A | G4R103107 |
| — | JVSPAC ACQUISITION CORP | 15,000 | $163 | 0.1% | $10.15 | — | SHS CL A | G5212E105 |
| ALF | CENTURION ACQUISITION CORP | 15,250 | $161 | 0.1% | $10.05 | +3.7% | SHS CL A | G20315100 |
| FTW | EQV VENTURES ACQUISITION COR | 15,250 | $160 | 0.1% | $10.03 | +2.9% | CL A ORD SHS | G3106N109 |
| SIMA | SIM ACQUISITION CORP. I | 15,250 | $159 | 0.1% | $10.00 | +3.2% | SHS CL A | G8431T101 |
| LPAA | LAUNCH ONE ACQUISITION CORP | 15,250 | $159 | 0.1% | $10.00 | +3.4% | SHS CLASS A | G5S86M100 |
| VACH | VOYAGER ACQUISITION CORP | 15,250 | $158 | 0.1% | $10.02 | +2.8% | CL A | G93A7H104 |
| FACT | FACT II ACQUISITION CORP | 15,250 | $158 | 0.1% | $9.96 | +1.9% | ORD SHS CL A | G32901103 |
| BACQ | BLEICHROEDER ACQUISITION COR | 15,250 | $158 | 0.1% | $9.95 | +2.3% | SHS CL A | G1169T104 |
| NTWO | NEWBURY STR II ACQUISITION C | 15,250 | $157 | 0.1% | $9.99 | +1.8% | ORD SHS CL A | G6439S109 |
| DMYY | DMY SQUARED TECHNOLOGY GROUP | 12,000 | $156 | 0.1% | $10.36 | +26.3% | CL A COM | 233276104 |
| ETHM | DYNAMIX CORP | 15,250 | $155 | 0.1% | $9.85 | +2.0% | SHS CL A | G2949D104 |
| LPBBU | LAUNCH TWO ACQUISITION CORP. | 15,250 | $154 | 0.1% | $10.22 | — | UNIT 08/22/2029 | G5S87A121 |
| CHARU | CHARLTON ARIA ACQUISITION CO | 15,250 | $154 | 0.1% | $10.23 | — | UNIT 99/99/9999 | G9877L123 |
| NOEM | CO2 ENERGY TRANSITION CORP | 15,250 | $154 | 0.1% | $10.00 | 0.0% | COM | 12664M103 |
| CHAR | CHARLTON ARIA ACQUISITION CO | 14,466 | $149 | 0.1% | $10.02 | +1.7% | ORD SHS CL A | G9877L107 |
| — | COHEN CIRCLE ACQUISITION COR | 12,250 | $134 | 0.1% | $11.21 | — | SHS CL A | G3730H106 |
| GRAF | GRAF GLOBAL CORP | 12,250 | $128 | 0.1% | $10.04 | +3.1% | ORD SHS CL A | G4036C106 |
| IBAC | IB ACQUISITION CORP | 12,250 | $127 | 0.1% | $9.97 | +4.3% | COM SHS | 44934N108 |
| POLE | ANDRETTI ACQUISITION CORP II | 12,250 | $127 | 0.1% | $10.07 | +1.9% | ORD SHS CL A | G26745102 |
| CAPN | CAYSON ACQUISITION CORP | 12,250 | $126 | 0.1% | $10.10 | +1.3% | SHS | G1993W109 |
| ALDFU | ALDEL FINL II INC | 12,000 | $126 | 0.1% | $10.25 | — | UNIT 09/26/2031 | G01558116 |
| HVIIU | HENNESSY CAP INVT CORP VII | 12,000 | $126 | 0.1% | $10.50 | — | UNIT 99/99/9999 | G4405D123 |
| GIGGU | GIGCAPITAL7 CORP | 12,000 | $125 | 0.1% | $9.97 | — | UNIT 99/99/9999 | G38648112 |
| NTWOU | NEWBURY STR II ACQUISITION C | 12,000 | $124 | 0.1% | $10.11 | — | UNIT 10/23/2029 | G6439S125 |
| COLA | COLUMBUS ACQUISITION CORP | 12,000 | $121 | 0.1% | $10.07 | 0.0% | SHS | G2295P107 |
| LEGT | LEGATO MERGER CORP III | 11,347 | $121 | 0.1% | $10.19 | +3.9% | ORD SHS | G5451A103 |
| — | JVSPAC ACQUISITION CORP | 15,000 | $13 | 0.0% | $0.30 | — | RIGHT 11/26/2026 | G5212E113 |
| RFAIR | RF ACQUISITION CORP II | 20,000 | $1 | 0.0% | $0.00 | — | RIGHT 05/01/2026 | G75389117 |