Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	BLACKROCK MUNIHOLDINGS FD IN	2,066,476	$24.22M	10.1%	$11.73	—	COM	09253N104
—	BLACKROCK MUNIYILD QULT FD I	1,632,324	$18.41M	7.7%	$11.29	—	COM	09254F100
—	BLACKROCK MUNIYIELD QUALITY	1,619,778	$17.49M	7.3%	$10.90	—	COM	09254E103
—	BLACKROCK MUNIHLDNGS CALI	1,122,458	$12.11M	5.1%	$10.85	—	COM	09254L107
—	EATON VANCE MUN BD FD	1,035,238	$10.21M	4.3%	$9.77	—	COM	27827X101
—	BLACKROCK MUNIYIELD N Y QUAL	953,650	$9.517M	4.0%	$9.99	—	COM	09255E102
—	RIVERNORTH FLEXIBLE MUNI INC	643,727	$8.381M	3.5%	$12.85	—	COM	76883Y107
PZA	INVESCO EXCH TRADED FD TR II	344,351	$8.011M	3.4%	—	—	Call	46138E537
—	INVESCO MUN OPPORTUNIT TR	758,771	$7.307M	3.1%	$9.91	—	COM	46132C107
—	WESTERN ASSET MANAGED MUNS F	668,431	$6.818M	2.9%	$10.85	—	COM	95766M105
—	NYLI MACKAY DEFINEDTERM MUNI	432,502	$6.462M	2.7%	$14.88	—	COM	56064K100
HYD	VANECK ETF TRUST	121,212	$6.175M	2.6%	—	—	Call	92189H409
—	RIVERNORTH MANAGED DUR MUN I	431,397	$6.111M	2.6%	$13.78	—	COM	76882H105
—	PUTNAM MUN OPPORTUNITIES TR	578,271	$5.974M	2.5%	$10.48	—	SH BEN INT	746922103
—	CREDIT SUISSE HIGH YIELD CRE	3,143,911	$5.565M	2.3%	$1.77	—	SH BEN INT	22544F103
—	BNY MELLON STRATEGIC MUNS IN	877,072	$5.543M	2.3%	$6.36	—	COM	05588W108
—	PIMCO CALIF MUN INCOME FD	587,469	$5.158M	2.2%	$8.75	—	COM	72200N106
—	BLACKROCK MUNIYIELD MICH QU	385,610	$4.697M	2.0%	$11.25	—	COM	09254V105
—	NUVEEN NY AMT FREE	425,353	$4.534M	1.9%	$10.46	—	COM	670656107
—	BLACKROCK MUNIHLDGS NJ QLTY	371,332	$4.519M	1.9%	$11.42	—	COM	09254X101
—	NEUBERGER MUN FD INC	425,260	$4.338M	1.8%	$10.15	—	COM	64124P101
—	PIMCO MUN INCOME FD II	510,050	$3.805M	1.6%	$7.51	—	COM	72200W106
—	NUVEEN MUN HIGH INCOME OPPOR	332,674	$3.387M	1.4%	$10.18	—	COM	670682103
—	ALLIANCEBERNSTEIN NATL MUN I	265,460	$2.939M	1.2%	$10.99	—	COM	01864U106
—	RIVERNORTH MANAGED DUR MUN I	195,309	$2.887M	1.2%	$14.46	—	COM	76882M104
—	BNY MELLON STRATEGIC MUN BD	425,476	$2.572M	1.1%	$6.13	—	COM	09662E109
—	MFS HIGH INCOME MUN TR	644,863	$2.386M	1.0%	$3.70	—	SH BEN INT	59318D104
—	RIVERNORTH OPPORTUNISTIC MUN	152,955	$2.32M	1.0%	$14.51	—	COM	76883F108
—	PIMCO NEW YORK MUN FD II	285,882	$2.238M	0.9%	$7.83	—	COM	72200Y102
—	RIVERNORTH FLEXIBLE MUN INCO	154,999	$2.23M	0.9%	$14.08	—	COM	76883H104
—	FEDERATED HERMES PREM MUNI I	195,329	$2.17M	0.9%	$11.11	—	COM	31423P108
—	PUTNAM MANAGED MUN INCOME TR	314,939	$1.94M	0.8%	$6.24	—	COM	746823103
—	INVESCO QUALITY MUN INCOME T	195,032	$1.911M	0.8%	$9.76	—	COM	46133G107
—	WESTERN ASSET INTER MUNI	227,014	$1.739M	0.7%	$7.62	—	COM	958435109
—	INVESCO PA VALUE MUN INC TR	133,176	$1.475M	0.6%	$10.22	—	COM	46132K109
—	BLACKROCK MUNIASSETS FD INC	129,123	$1.446M	0.6%	$10.85	—	COM	09254J102
—	EATON VANCE NATL MUN OPPORT	72,861	$1.32M	0.6%	$18.09	—	COM SHS	27829L105
—	INVESCO MUNICIPAL TRUST	124,983	$1.205M	0.5%	$9.79	—	COM	46131J103
—	MFS MUN INCOME TR	179,173	$964K	0.4%	$5.40	—	SH BEN INT	552738106
—	BNY MELLON MUN BD INFRASTRUC	68,229	$797K	0.3%	$11.68	—	COM SHS	09662W109
REM	ISHARES TR	29,420	$681K	0.3%	—	—	Call	46435G342
—	FS SPECIALTY LENDING FD	53,416	$660K	0.3%	$12.36	—	COM SH BEN INT	644323107
—	FLAHERTY & CRUMRINE PFD INCO	55,073	$645K	0.3%	$9.26	—	COM	338480106
—	ABRDN NATL MUN INCOME FD	56,842	$641K	0.3%	$11.28	—	SH BEN INT	24610T108
—	FS CREDIT OPPORTUNITIES CORP	120,750	$638K	0.3%	$5.62	—	COMMON STOCK	30290Y101
—	WESTERN ASSET GBL HIGH INC F	98,930	$605K	0.3%	$6.66	—	COM	95766B109
—	DOUBLELINE YIELD OPPORTUNITI	42,032	$600K	0.3%	$14.97	—	COM	25862D105
—	BLACKROCK MULTI SECTOR INC T	46,524	$596K	0.2%	$13.34	—	COM	09258A107
—	WESTERN ASSET MTG DEFINED OP	53,687	$595K	0.2%	$11.57	—	COM	95790B109
—	WESTERN ASSET HIGH INCOM FD	147,805	$594K	0.2%	$4.32	—	COM	95766J102
—	WESTERN AST INFL LKD OPP & I	68,910	$590K	0.2%	$8.76	—	COM	95766R104
—	KKR INCOME OPPORTUNITIES FD	52,154	$590K	0.2%	$12.32	—	COM	48249T106
—	NUVEEN FLOATING RATE INCOME	73,895	$556K	0.2%	$8.35	—	COM	67072T108
VT	VANGUARD INTL EQUITY INDEX F	2,970	$450K	0.2%	—	—	Call	922042742
—	HANCOCK JOHN INVT TR II	28,109	$376K	0.2%	$13.56	—	COM	410142103
—	INVESCO SR INCOME TR	97,027	$303K	0.1%	$3.45	—	COM	46131H107
MKLY	MCKINLEY ACQUISITION CORP	27,000	$274K	0.1%	$10.02	0.0%	SHS CL A	G6005T101
—	WESTERN ASSET EMERGING MKTS	24,923	$273K	0.1%	$10.32	—	COM	95766A101
—	BROOKFIELD REAL ASSETS INCOM	20,952	$272K	0.1%	$12.22	—	SHS BEN INT	112830104
FGIIU	FG IMPERII ACQUISITION CORP	27,000	$269K	0.1%	$9.97	—	UNIT 10/14/2030	G3R41C128
—	PRINCIPAL REAL ESTATE INCOME	26,088	$263K	0.1%	$11.01	—	SHS BEN INT	74255X104
—	WESTERN ASSET INFLT LNK INC	31,111	$254K	0.1%	$8.42	—	COM SH BEN INT	95766Q106
GPAT	GP-ACT III ACQUISITION CORP	22,250	$240K	0.1%	$10.02	+7.1%	CL A	G4035N103
IPEX	INFLECTION POINT ACQU CORP V	22,451	$234K	0.1%	$10.01	+3.0%	ORD SHS CL A	G6001J107
—	NEUBERGER HIGH YIELD ST FD I	32,993	$214K	0.1%	$6.49	—	COM	64128C106
CHPG	CHAMPIONSGATE ACQUISITION CO	20,305	$208K	0.1%	$10.03	+2.3%	SHS CL A	G2124S108
VACH	VOYAGER ACQUISITION CORP	15,250	$194K	0.1%	$10.02	+6.4%	CL A	G93A7H104
CUBWU	LIONHEART HOLDINGS	18,000	$194K	0.1%	$9.99	—	UNIT 99/99/9999	G5501C125
RANG	RANGE CAP ACQUISITION CORP	18,250	$193K	0.1%	$10.16	+3.0%	ORD SHS	G7375C108
ORIQU	ORIGIN INVT CORP I	17,000	$173K	0.1%	$10.21	—	UNIT 06/27/2030	G67751118
ALF	CENTURION ACQUISITION CORP	15,250	$165K	0.1%	$10.05	+6.4%	SHS CL A	G20315100
SIMA	SIM ACQUISITION CORP. I	15,250	$165K	0.1%	$10.00	+6.4%	SHS CL A	G8431T101
ETHM	DYNAMIX CORP	15,250	$164K	0.1%	—	—	Call	G2949D104
LPAA	LAUNCH ONE ACQUISITION CORP	15,250	$164K	0.1%	$10.00	+6.4%	SHS CLASS A	G5S86M100
CHARU	CHARLTON ARIA ACQUISITION CO	15,250	$163K	0.1%	$10.23	—	UNIT 99/99/9999	G9877L123
LPBBU	LAUNCH TWO ACQUISITION CORP.	15,250	$162K	0.1%	$10.22	—	UNIT 08/22/2029	G5S87A121
NTWO	NEWBURY STR II ACQUISITION C	15,250	$161K	0.1%	$9.99	+4.9%	ORD SHS CL A	G6439S109
FACT	FACT II ACQUISITION CORP	15,250	$161K	0.1%	$9.96	+5.2%	ORD SHS CL A	G32901103
KFII	K&F GROWTH ACQUISITION CORP	15,250	$160K	0.1%	$10.19	+1.8%	SHS CL A	G52258111
RAC	RITHM ACQUISITION CORP	15,250	$159K	0.1%	$10.25	+1.4%	CL A	G75751100
NOEM	CO2 ENERGY TRANSITION CORP	15,250	$159K	0.1%	$10.00	+3.4%	COM	12664M103
MCGAU	YORKVILLE ACQUISITION CORP.	15,200	$155K	0.1%	$10.86	—	UNIT 06/06/2030	G98659108
LCCC	LAKESHORE ACQUISITION III CO	15,000	$155K	0.1%	$10.05	+1.8%	USD ORD SHS	G5353S103
CHAR	CHARLTON ARIA ACQUISITION CO	14,466	$154K	0.1%	$10.02	+4.9%	ORD SHS CL A	G9877L107
—	JOHN HANCOCK DIVERSIFIED INC	13,376	$154K	0.1%	$10.27	—	COM	47804L102
LKSPU	LAKE SUPERIOR ACQUISITION CO	15,000	$153K	0.1%	$10.18	—	UNIT 09/19/2030	G5354C131
NBRGU	NEWBRIDGE ACQUISITION LTD	15,250	$152K	0.1%	$9.97	—	UNIT 11/18/2030	G6464L110
APXTU	APEX TREAS CORP	15,000	$152K	0.1%	$10.12	—	UNIT 10/07/2030	G04104116
BHAVU	BHAV ACQUISITION CORP	15,000	$151K	0.1%	$10.06	—	UNIT 03/18/2031	G1R59W127
DMIIU	DRUGS MADE IN AMER ACQ II CO	15,000	$151K	0.1%	$10.00	—	UNIT 09/16/2030	G2851K120
MUZEU	MUZERO ACQUISITION CORP	15,000	$150K	0.1%	$9.98	—	UNIT 01/30/2031	G8775A122
INACU	INDIGO ACQUISITION CORP	14,004	$144K	0.1%	$10.14	—	UNIT 07/01/2030	G4791J122
GIGGU	GIGCAPITAL7 CORP	12,000	$144K	0.1%	$9.97	—	UNIT 99/99/9999	G38648112
GRAF	GRAF GLOBAL CORP	12,250	$132K	0.1%	$10.04	+6.8%	ORD SHS CL A	G4036C106
POLE	ANDRETTI ACQUISITION CORP II	12,250	$131K	0.1%	$10.07	+5.0%	ORD SHS CL A	G26745102
HVIIU	HENNESSY CAP INVT CORP VII	12,000	$129K	0.1%	$10.50	—	UNIT 99/99/9999	G4405D123
ALDFU	ALDEL FINL II INC	12,000	$128K	0.1%	$10.25	—	UNIT 09/26/2031	G01558116
NTWOU	NEWBURY STR II ACQUISITION C	12,000	$127K	0.1%	$10.11	—	UNIT 10/23/2029	G6439S125
ILLUU	ILLUMINATION ACQUISITIO CORP	12,280	$122K	0.1%	$9.95	—	UNIT 12/23/2031	G470AU126
PAII/U	PYROPHYTE ACQUISITION CORP.	12,000	$122K	0.1%	$10.15	—	UNIT 99/99/9999	G7309T128
QADRU	QDRO ACQUISITION CORP	12,250	$121K	0.1%	$9.91	—	UNIT 01/28/2031	G7310E128
APXT	APEX TREAS CORP	12,000	$120K	0.1%	$9.94	0.0%	ORD SHS CL A	G04104108
AIIA/U	AI INFRASTRUCTURE ACQUISI	10,000	$103K	0.0%	$10.28	—	UNIT 99/99/9999	G01336125
IACOU	IDEA ACQUISITION CORP	10,250	$102K	0.0%	$9.98	—	UNIT 01/06/2031	G4727U126
BIXIU	BITCOIN INFRASTRUCTURE ACQUI	10,000	$101K	0.0%	$10.06	—	UNIT 11/06/2030	G1143H127
DMII	DRUGS MADE IN AMER ACQ II CO	10,000	$100K	0.0%	$9.96	0.0%	USD ORD SHS	G2851K104
BIXI	BITCOIN INFRASTRUCTURE ACQUI	10,000	$99,500	0.0%	$9.89	0.0%	USD CL A ORD SHS	G1143H101
RFAIR	RF ACQUISITION CORP II	20,000	$1,602	0.0%	$0.00	—	RIGHT 05/01/2026	G75389117
DMIIR	DRUGS MADE IN AMER ACQ II CO	10,000	$800	0.0%	$0.08	—	RIGHT 09/16/2030	G2851K112