CIK: 0001599795 · Show all filings
Period: Q3 2025 (← Previous) (Next →)
Filing Date: Nov 14, 2025
Total Value ($000): $188,570 (99.3% shares, 0.7% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| PZA | INVESCO EXCH TRADED FD TR II | 550,000 | $12,702 | 6.7% | — | — | Call | 46138E537 |
| — | INVESCO TR INVT GRADE MUNS | 1,166,946 | $11,809 | 6.3% | $9.87 | — | COM | 46131M106 |
| MUB | ISHARES TR | 109,400 | $11,650 | 6.2% | — | — | Call | 464288414 |
| VTEB | VANGUARD MUN BD FDS | 230,000 | $11,516 | 6.1% | — | — | Call | 922907746 |
| — | BLACKROCK MUN INCOME TR | 1,117,178 | $11,228 | 6.0% | $10.05 | — | SH BEN INT | 09248F109 |
| — | INVESCO MUN OPPORTUNITY TR | 1,108,140 | $10,716 | 5.7% | $9.93 | — | COM | 46132C107 |
| — | BLACKROCK MUNI INCOME TR II | 718,796 | $7,511 | 4.0% | $10.99 | — | COM | 09249N101 |
| HYD | VANECK ETF TRUST | 123,142 | $6,272 | 3.3% | — | — | Call | 92189H409 |
| — | BLACKROCK MUNIYIELD MICH QU | 549,411 | $6,197 | 3.3% | $11.24 | — | COM | 09254V105 |
| TFI | SPDR SERIES TRUST | 135,464 | $6,174 | 3.3% | — | — | Call | 78468R721 |
| — | INVESCO MUNICIPAL TRUST | 632,280 | $6,102 | 3.2% | $9.79 | — | COM | 46131J103 |
| — | BLACKROCK MUNIHLDGS NJ QLTY | 427,670 | $4,957 | 2.6% | $11.42 | — | COM | 09254X101 |
| — | INVESCO QUALITY MUN INCOME T | 493,877 | $4,865 | 2.6% | $9.73 | — | COM | 46133G107 |
| — | NUVEEN NEW JERSEY QULT MUN F | 377,239 | $4,682 | 2.5% | $11.50 | — | COM | 67069Y102 |
| — | WESTERN ASSET MANAGED MUNS F | 408,162 | $4,220 | 2.2% | $11.15 | — | COM | 95766M105 |
| — | INVESCO ADVANTAGE MUN INCOME | 471,934 | $4,139 | 2.2% | $8.50 | — | SH BEN INT | 46132E103 |
| XMVTX | BLACKROCK MUNIVEST FD II INC | 380,756 | $4,066 | 2.2% | $10.61 | — | COM | 09253T101 |
| — | BLACKROCK MUNIYIELD QUALITY | 316,793 | $3,510 | 1.9% | $11.24 | — | COM | 09254E103 |
| — | BLACKROCK MUN INCOME QUALITY | 310,598 | $3,401 | 1.8% | $10.93 | — | COM | 092479104 |
| — | INVESCO VALUE MUN INCOME TR | 267,977 | $3,363 | 1.8% | $11.71 | — | COM | 46132P108 |
| XMQTX | BLACKROCK MUNIYIELD QUALITY | 322,046 | $3,230 | 1.7% | $10.32 | — | COM | 09254G108 |
| — | INVESCO PA VALUE MUN INC TR | 288,378 | $2,979 | 1.6% | $10.22 | — | COM | 46132K109 |
| — | BLACKROCK MUNIHLDNGS CALI QL | 254,034 | $2,756 | 1.5% | $11.07 | — | COM | 09254L107 |
| — | RIVERNORTH FLEXIBLE MUNI INC | 169,377 | $2,210 | 1.2% | $12.96 | — | COM | 76883Y107 |
| XMVFX | BLACKROCK MUNIVEST FD INC | 300,537 | $2,062 | 1.1% | $7.55 | — | COM | 09253R105 |
| — | BLACKROCK MUNIASSETS FD INC | 182,634 | $2,058 | 1.1% | $10.75 | — | COM | 09254J102 |
| — | RIVERNORTH MANAGED DUR MUN I | 144,312 | $2,041 | 1.1% | $13.97 | — | COM | 76882H105 |
| — | NUVEEN QUALITY MUNCP INCOME | 162,673 | $1,902 | 1.0% | $11.17 | — | COM | 67066V101 |
| — | PUTNAM MUN OPPORTUNITIES TR | 160,455 | $1,658 | 0.9% | $10.09 | — | SH BEN INT | 746922103 |
| — | WESTERN ASSET INTER MUNI FD | 194,504 | $1,539 | 0.8% | $7.62 | — | COM | 958435109 |
| XBKNX | BLACKROCK INVT QUALITY MUN T | 113,545 | $1,288 | 0.7% | $11.26 | — | COM | 09247D105 |
| — | RIVERNORTH MANAGED DUR MUN I | 84,981 | $1,275 | 0.7% | $14.29 | — | COM | 76882M104 |
| — | BLACKROCK MUNIHOLDINGS FD IN | 103,765 | $1,219 | 0.6% | $11.92 | — | COM | 09253N104 |
| — | RIVERNORTH FLEXIBLE MUN INCO | 82,194 | $1,189 | 0.6% | $14.18 | — | COM | 76883H104 |
| — | NUVEEN NEW YORK AMT QLT MUNI | 103,541 | $1,056 | 0.6% | $10.77 | — | COM | 670656107 |
| — | RIVERNORTH OPPORTUNISTIC MUN | 64,881 | $949 | 0.5% | $14.81 | — | COM | 76883F108 |
| — | NEUBERGER BERMAN MUN FD INC | 87,533 | $903 | 0.5% | $10.08 | — | COM | 64124P101 |
| — | NUVEEN MUN VALUE FD INC | 85,384 | $767 | 0.4% | $8.69 | — | COM | 670928100 |
| — | ALLSPRING UTILITIES AND HIGH | 55,117 | $733 | 0.4% | $10.14 | — | WF UTILITIES INC | 94987E109 |
| — | NUVEEN PENNSYLVANIA QLT MUN | 57,274 | $687 | 0.4% | $11.42 | — | COM | 670972108 |
| — | FLAHERTY & CRUMRINE PFD INCO | 55,008 | $661 | 0.4% | $9.26 | — | COM | 338480106 |
| — | KKR INCOME OPPORTUNITIES FD | 52,089 | $656 | 0.3% | $12.32 | — | COM | 48249T106 |
| REM | ISHARES TR | 29,420 | $644 | 0.3% | $22.69 | — | Call | 46435G342 |
| — | WESTERN ASSET HIGH INCOM FD | 147,625 | $642 | 0.3% | $4.32 | — | COM | 95766J102 |
| — | WESTERN ASSET GBL HIGH INC F | 95,930 | $633 | 0.3% | $6.67 | — | COM | 95766B109 |
| — | WESTERN ASSET MTG DEFINED OP | 53,687 | $629 | 0.3% | $11.57 | — | COM | 95790B109 |
| — | BROOKFIELD REAL ASSETS INCOM | 46,602 | $623 | 0.3% | $12.22 | — | SHS BEN INT | 112830104 |
| — | WESTERN AST INFL LKD OPP & I | 68,740 | $611 | 0.3% | $8.76 | — | COM | 95766R104 |
| — | MFS MUN INCOME TR | 101,488 | $547 | 0.3% | $5.39 | — | SH BEN INT | 552738106 |
| — | BLACKROCK MULTI SECTOR INC T | 39,459 | $528 | 0.3% | $13.39 | — | COM | 09258A107 |
| — | INVESCO SR INCOME TR | 148,027 | $511 | 0.3% | $3.45 | — | COM | 46131H107 |
| — | DOUBLELINE YIELD OPPORTUNITI | 33,479 | $505 | 0.3% | $15.08 | — | COM | 25862D105 |
| — | NUVEEN FLOATING RATE INCOME | 60,480 | $495 | 0.3% | $8.47 | — | COM | 67072T108 |
| — | VIRTUS CONVERTIBLE & INC FD | 35,467 | $485 | 0.3% | $11.56 | — | COM NEW | 92838U801 |
| VT | VANGUARD INTL EQUITY INDEX F | 3,500 | $482 | 0.3% | $79.76 | — | Call | 922042742 |
| — | PRINCIPAL REAL ESTATE INCOME | 46,088 | $482 | 0.3% | $11.12 | — | SHS BEN INT | 74255X104 |
| — | VIRTUS CONVERTIBLE & INCOME | 31,336 | $470 | 0.2% | $14.20 | — | COM NEW | 92838X805 |
| — | BLACKROCK MUNIYIELD N Y QUAL | 45,013 | $447 | 0.2% | $10.38 | — | COM | 09255E102 |
| — | JOHN HANCOCK DIVERSIFIED INC | 30,308 | $323 | 0.2% | $10.21 | — | COM | 47804L102 |
| DMAAU | DRUGS MADE IN AMER ACQUTN CO | 30,000 | $314 | 0.2% | $10.32 | — | UNIT 10/15/2029 | G2847J120 |
| XMYDX | BLACKROCK MUNIYIELD FD INC | 25,485 | $269 | 0.1% | $10.58 | — | COM | 09253W104 |
| — | WESTERN ASST INFLTN LKD INM | 31,111 | $262 | 0.1% | $8.42 | — | COM SH BEN INT | 95766Q106 |
| — | WESTERN ASSET EMERGING MKTS | 24,764 | $256 | 0.1% | $10.32 | — | COM | 95766A101 |
| GPAT | GP-ACT III ACQUISITION CORP | 22,250 | $236 | 0.1% | $10.02 | +5.5% | CL A | G4035N103 |
| IPEX | MAYWOOD ACQUISITION CORP | 22,451 | $229 | 0.1% | $10.01 | +1.6% | ORD SHS CL A | G6001J107 |
| RFAI | RF ACQUISITION CORP II | 20,250 | $216 | 0.1% | $10.18 | +4.1% | SHS | G75389109 |
| CHPG | CHAMPIONSGATE ACQUISITION CO | 20,305 | $204 | 0.1% | $10.03 | 0.0% | SHS CL A | G2124S108 |
| CCIX | CHURCHILL CAPITAL CORP IX | 18,250 | $191 | 0.1% | $10.02 | +5.1% | CL A SHS | G21301109 |
| CUBWU | LIONHEART HOLDINGS | 18,000 | $191 | 0.1% | $9.99 | — | UNIT 99/99/9999 | G5501C125 |
| RANG | RANGE CAP ACQUISITION CORP | 18,250 | $188 | 0.1% | $10.16 | +1.0% | ORD SHS | G7375C108 |
| CHARU | CHARLTON ARIA ACQUISITION CO | 15,250 | $181 | 0.1% | $10.23 | — | UNIT 99/99/9999 | G9877L123 |
| ALF | CENTURION ACQUISITION CORP | 15,250 | $161 | 0.1% | $10.05 | +4.7% | SHS CL A | G20315100 |
| LPAA | LAUNCH ONE ACQUISITION CORP | 15,250 | $160 | 0.1% | $10.00 | +4.4% | SHS CLASS A | G5S86M100 |
| SIMA | SIM ACQUISITION CORP. I | 15,250 | $160 | 0.1% | $10.00 | +4.4% | SHS CL A | G8431T101 |
| LPBBU | LAUNCH TWO ACQUISITION CORP. | 15,250 | $160 | 0.1% | $10.22 | — | UNIT 08/22/2029 | G5S87A121 |
| VACH | VOYAGER ACQUISITION CORP | 15,250 | $160 | 0.1% | $10.02 | +4.0% | CL A | G93A7H104 |
| ETHM | DYNAMIX CORP | 15,250 | $159 | 0.1% | $9.85 | +9.0% | SHS CL A | G2949D104 |
| BACQ | BLEICHROEDER ACQUISITION COR | 15,250 | $158 | 0.1% | $9.95 | +4.1% | SHS CL A | G1169T104 |
| FTW | EQV VENTURES ACQUISITION COR | 15,250 | $158 | 0.1% | $10.03 | +3.8% | CL A ORD SHS | G3106N109 |
| NTWO | NEWBURY STR II ACQUISITION C | 15,250 | $158 | 0.1% | $9.99 | +3.4% | ORD SHS CL A | G6439S109 |
| FACT | FACT II ACQUISITION CORP | 15,250 | $157 | 0.1% | $9.96 | +3.3% | ORD SHS CL A | G32901103 |
| RAC | RITHM ACQUISITION CORP | 15,250 | $156 | 0.1% | $10.25 | 0.0% | CL A | G75751100 |
| KFII | K&F GROWTH ACQUISITION CORP | 15,250 | $156 | 0.1% | $10.19 | 0.0% | SHS CL A | G52258111 |
| NOEM | CO2 ENERGY TRANSITION CORP | 15,250 | $155 | 0.1% | $10.00 | +1.3% | COM | 12664M103 |
| LCCC | LAKESHORE ACQUISITION III CO | 15,000 | $151 | 0.1% | $10.05 | 0.0% | USD ORD SHS | G5353S103 |
| CHAR | CHARLTON ARIA ACQUISITION CO | 14,466 | $150 | 0.1% | $10.02 | +3.0% | ORD SHS CL A | G9877L107 |
| — | BLACKROCK MUNIHOLDINGS QUALI | 13,264 | $133 | 0.1% | $10.05 | — | COM | 09254C107 |
| — | HANCOCK JOHN PREM DIVID FD | 10,000 | $133 | 0.1% | $13.34 | — | COM SH BEN INT | 41013T105 |
| GIGGU | GIGCAPITAL7 CORP | 12,000 | $132 | 0.1% | $9.97 | — | UNIT 99/99/9999 | G38648112 |
| GRAF | GRAF GLOBAL CORP | 12,250 | $129 | 0.1% | $10.04 | +4.5% | ORD SHS CL A | G4036C106 |
| POLE | ANDRETTI ACQUISITION CORP II | 12,250 | $128 | 0.1% | $10.07 | +3.5% | ORD SHS CL A | G26745102 |
| CAPN | CAYSON ACQUISITION CORP | 12,250 | $128 | 0.1% | $10.10 | +2.8% | SHS | G1993W109 |
| ALDFU | ALDEL FINL II INC | 12,000 | $127 | 0.1% | $10.25 | — | UNIT 09/26/2031 | G01558116 |
| HVIIU | HENNESSY CAP INVT CORP VII | 12,000 | $125 | 0.1% | $10.50 | — | UNIT 99/99/9999 | G4405D123 |
| NTWOU | NEWBURY STR II ACQUISITION C | 12,000 | $124 | 0.1% | $10.11 | — | UNIT 10/23/2029 | G6439S125 |
| COLA | COLUMBUS ACQUISITION CORP | 12,000 | $123 | 0.1% | $10.07 | +1.1% | SHS | G2295P107 |
| LEGT | LEGATO MERGER CORP III | 11,347 | $122 | 0.1% | $10.19 | +5.3% | ORD SHS | G5451A103 |
| MCGAU | YORKVILLE ACQUISITION CORP. | 10,000 | $112 | 0.1% | $11.17 | — | UNIT 06/06/2030 | G98659108 |
| RFAIR | RF ACQUISITION CORP II | 20,000 | $2 | 0.0% | $0.00 | — | RIGHT 05/01/2026 | G75389117 |