Q4 2025 Holdings
Filed 2026-02-11 | 204 holdings | $169.3M | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Nuveen Churchill Direct(NCDL) | COM SHS | 67090S108 | $7.4M | 552,804 | 4.4% |
| Bain Cap Specialty FIN Inc(BCSF) | COM STK | 05684B107 | $5.9M | 422,810 | 3.5% |
| Golub Cap BDC Inc(GBDC) | COM | 38173M102 | $5.7M | 417,665 | 3.3% |
| Trinity Cap Inc(TRIN) | COM | 896442308 | $5.5M | 374,924 | 3.2% |
| New MTN FIN Corp(NMFC) | COM | 647551100 | $5.4M | 586,070 | 3.2% |
| Morgan Stanley Direct(MSDL) | COM SHS | 61774A103 | $4.8M | 291,456 | 2.8% |
| Blue OWL Capital(OBDC) | COM | 69121K104 | $4.6M | 370,782 | 2.7% |
| Cion Invt Corp(CION) | COM | 17259U204 | $4.6M | 475,908 | 2.7% |
| SLR Investment Corp(SLRC) | COM | 83413U100 | $4.0M | 260,893 | 2.4% |
| Goldman Sachs BDC Inc(GSBD) | SHS | 38147U107 | $3.9M | 415,746 | 2.3% |
| Saratoga Invt Corp(SAR) | COM NEW | 80349A208 | $3.7M | 159,499 | 2.2% |
| Ares Capital Corp(ARCC) | COM | 04010L103 | $3.5M | 170,922 | 2.0% |
| Carlyle Secured Lending Inc(CGBD) | COM | 872280102 | $3.2M | 255,435 | 1.9% |
| Crescent Cap BDC Inc(CCAP) | COM | 225655109 | $3.2M | 225,312 | 1.9% |
| Kayne Anderson Energy(KYN) | COM | 486606106 | $3.1M | 250,916 | 1.8% |
| Tortoise Energy Infra Corp(TYG) | COM | 89147L886 | $3.0M | 73,348 | 1.8% |
| Palmer Square Capital BDC(PSBD) | COM SHS | 69702V107 | $2.7M | 220,334 | 1.6% |
| Capital Southwest Corp(CSWC) | COM | 140501107 | $2.5M | 113,731 | 1.5% |
| Blackstone Secd Lending FD(BXSL) | COMMON STOCK | 09261X102 | $2.4M | 89,689 | 1.4% |
| Midcap Financial Invstmnt(MFIC) | COM NEW | 03761U502 | $2.1M | 183,892 | 1.2% |
| Allspring Global Dividend(EOD) | COM | 94987C103 | $2.1M | 358,410 | 1.2% |
| Calamos LNG SHR EQT Dynamic(CPZ) | COM | 12812C106 | $2.1M | 141,572 | 1.2% |
| Pgim Short DUR HIG YLD OPP(SDHY) | COM | 69355J104 | $1.9M | 113,402 | 1.1% |
| Bluerock PVT Real Estate FD(BPRE) | COM | 09631P102 | $1.8M | 122,645 | 1.1% |
| Destra Multi-Alternative FD(DMA) | COMMON SHARES | 25065A502 | $1.8M | 200,829 | 1.1% |
| Barings BDC Inc(BBDC) | COM | 06759L103 | $1.8M | 193,447 | 1.0% |
| FS Credit Opportunities(FSCO) | COMMON STOCK | 30290Y101 | $1.7M | 274,422 | 1.0% |
| Guggenheim Active Alloc FD(GUG) | COMMON STOCK | 40170T106 | $1.7M | 110,396 | 1.0% |
| Angel OAK Finl Strategies(FINS) | COM BEN INT | 03464A100 | $1.6M | 121,264 | 0.9% |
| Rivernorth Flexible Muni(RFMZ) | COM | 76883Y107 | $1.6M | 122,653 | 0.9% |
| Saba Capital Income &(SABA) | COM NEW | 880198205 | $1.5M | 186,283 | 0.9% |
| Arrowmark Financial Corp(BANX) | COM | 861780104 | $1.5M | 69,337 | 0.9% |
| Nuveen Vriabl RAT PFD & INM(NPFD) | COM | 67080R102 | $1.5M | 78,578 | 0.9% |
| Brookfield Real Assets(RA) | SHS BEN INT | 112830104 | $1.5M | 112,905 | 0.9% |
| Abrdn Natl MUN Income FD(VFL) | SH BEN INT | 24610T108 | $1.4M | 140,906 | 0.9% |
| MFS MUN Income TR(MFM) | SH BEN INT | 552738106 | $1.4M | 265,652 | 0.9% |
| Highland Opps & Income FD(HFRO) | HIGHLAND INCOME | 43010E404 | $1.4M | 235,136 | 0.8% |
| Runway Growth Finance Corp(RWAY) | COM | 78163D100 | $1.3M | 141,041 | 0.7% |
| Western AST Infl LKD OPP &(WIW) | COM | 95766R104 | $1.2M | 138,451 | 0.7% |
| XAI Octagn FLT RAT & ALT(XFLT) | COM | 98400T106 | $1.1M | 232,964 | 0.7% |
| Nyli Cbre GBL Infr Megtrnds(MEGI) | COM | 56064Q107 | $1.1M | 80,944 | 0.7% |
| Kayne Anderson BDC Inc(KBDC) | COM SHS | 48662X105 | $1.0M | 73,202 | 0.6% |
| Clearbridge Energy Midstrm(EMO) | COM | 18469P209 | $1.0M | 23,302 | 0.6% |
| Abrdn Global Infra Income(ASGI) | COM SHS BEN INT | 00326W106 | $1.0M | 45,713 | 0.6% |
| Neuberger Engy Infrstr &(NML) | COM | 64129H104 | $1.0M | 118,163 | 0.6% |
| MFS High Income MUN TR(CXE) | SH BEN INT | 59318D104 | $996.6K | 269,342 | 0.6% |
| Pimco ETF TR(MINT) | ENHAN SHRT MA AC | 72201R833 | $969.8K | 9,665 | 0.6% |
| Flaherty & Crumrine Dynamic(DFP) | SHS | 33848W106 | $935.8K | 45,013 | 0.6% |
| Cohen & Steers Real Estate(RLTY) | SHS BENFIN INT | 19249Q103 | $922.7K | 62,769 | 0.5% |
| Flaherty & Crumrine PFD(PFO) | COM | 33848E106 | $909.3K | 96,222 | 0.5% |