Bulldog Investors, LLP

13F filer, CIK 1504304, SADDLE BROOK, NJ

Bulldog Investors, LLP reported $369,566,174 across 142 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-15. Its ten largest share positions make up 36.77% of the portfolio.

Filed 2025-05-15 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:06 UTC13F-HR 0001398344-25-009632

Period: 2025-03-31
Reported value: $370M
Holdings: 142
Top 10 weight: 36.77%
New: 29
Sold out: 29

Largest buys vs the previous quarter

Security	Shares change	Approx. value
DRDBnew	+495,000	$4.96M
JACSnew	+392,369	$3.95M
NBXGadded	+306,600	$3.76M
GDLnew	+367,511	$3.03M
DYNCnew	+298,609	$2.97M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
TPZexited	-582,674	-$11.7M
DRDBUreduced	-509,039	-$5.2M
NEW AMERICA HIGH INCOME FUN…exited	-557,990	-$4.56M
QETAexited	-342,120	-$3.62M
CEEexited	-260,831	-$2.86M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2025

Share positions as resolved from 13F-HR 0001398344-25-009632, largest first. % of portfolio is the value over $369,566,174, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
STEWSRH TOTAL RETURN FUND INC	1,214,710	$21M	5.67%	-7,468	Timeline
CIONCION INVT CORP	1,694,446	$17.5M	4.75%	+12,094	Timeline
GAMGENERAL AMERN INVS CO INC	342,110	$17.2M	4.66%	+17,569	Timeline
DSMBNY MELLON STRATEGIC MUN BD	2,527,427	$14.6M	3.95%	+426,066	Timeline
AFBALLIANCEBERNSTEIN NATL MUN I	1,088,848	$11.8M	3.2%	+148,942	Timeline
CETCENTRAL SECS CORP	256,096	$11.5M	3.12%	+3,575	Timeline
BNY MELLON MUN INCOME INCBNY MELLON MUN INCOME INC	1,598,380	$11.5M	3.11%	+10,243
NBXGNEUBERGER NEXT GENERATION	897,831	$11M	2.98%	+306,600	Timeline
TPLTEXAS PACIFIC LAND CORPORATI	8,000	$10.6M	2.87%	-22	Timeline
XCMUXMFS HIGH YIELD MUN TR	2,625,516	$9.16M	2.48%	+280,073	Timeline
TRCTEJON RANCH CO	529,999	$8.4M	2.27%	+128,799	Timeline
RWAYRUNWAY GROWTH FINANCE CORP	795,306	$8.23M	2.23%	-7,084	Timeline
XGDVXGABELLI DIVID & INCOME TR	301,228	$7.27M	1.97%	-111	Timeline
HYACHAYMAKER ACQUISITION CORP IV	656,679	$7.22M	1.95%	-48,362	Timeline
CNNECANNAE HLDGS INC	380,987	$6.98M	1.89%	+111,356	Timeline
IIFMORGAN STANLEY INDIA INVT FD	285,829	$6.97M	1.89%	-1,815	Timeline
CXHMFS INVT GRADE MUN TR	859,308	$6.81M	1.84%	+148,849	Timeline
VLOSVELOS ACQUISITION I CORP	637,025	$6.5M	1.76%	+59,201	Timeline
ARES ACQUISITION CORP IIARES ACQUISITION CORP II	498,969	$5.56M	1.51%	-24,274
LPAALAUNCH ONE ACQUISITION CORP	544,674	$5.56M	1.5%	-18,721	Timeline
TYGTORTOISE ENERGY INFRSTRCTR C	127,349	$5.48M	1.48%	-62,767	Timeline
LOGAN RIDGE FINANCE CORPLOGAN RIDGE FINANCE CORP	240,279	$5.29M	1.43%	+20,913
CUBLIONHEART HOLDINGS	513,302	$5.27M	1.43%	-31,677	Timeline
AAMAA MISSION ACQUISITION COR-A	502,894	$5.25M	1.42%	-33,767	Timeline
EATON VANCE NEW YORK MUN BDEATON VANCE NEW YORK MUN BD	542,471	$5.15M	1.39%	-172,395
DRDBROMAN DBDR ACQUISITION CORP	495,000	$4.96M	1.34%	new	Timeline
SIMASIM ACQUISITION CORP. I	436,806	$4.46M	1.21%	+286,806	Timeline
GFNEW GERMANY FD INC	446,513	$4.38M	1.19%	+99,718	Timeline
FTWEQV VENTURES ACQUISITION C-A	402,200	$4.07M	1.1%	0	Timeline
ALFCENTURION ACQUISITION CORP	393,912	$4.03M	1.09%	-28,324	Timeline
CANTOR EQUITY PARTNERS INCCANTOR EQUITY PARTNERS INC	370,826	$3.98M	1.08%	-16,556
VACHVOYAGER ACQUISITION CORP	390,284	$3.97M	1.08%	0	Timeline
JACSJACKSON ACQUISITION CO II	392,369	$3.95M	1.07%	new	Timeline
PGZPRINCIPAL REAL ESTATE INCOME	369,396	$3.89M	1.05%	0	Timeline
HDRNGIGCAPITAL7 CORP	358,013	$3.62M	0.98%	0	Timeline
DMADESTRA MULTI-ALTERNATIVE FD	392,993	$3.33M	0.9%	0	Timeline
SBXDFSILVERBOX CORP IV	309,996	$3.15M	0.85%	+78,976	Timeline
BCICBCP INVESTMENT CORPORATION	216,546	$3.11M	0.84%	0	Timeline
BTXBLACKROCK TECH AND PRIVATE E	492,332	$3.08M	0.83%	+199,553	Timeline
GDLGDL FD	367,511	$3.03M	0.82%	new	Timeline
POLEANDRETTI ACQUISITION CORP II	298,499	$3.02M	0.82%	+136,038	Timeline
DYNCDYNAMIX CORP	298,609	$2.97M	0.8%	new	Timeline
HCM II ACQUISITION CORPHCM II ACQUISITION CORP	275,903	$2.9M	0.79%	-73,995
KTFDWS MUN INCOME TR	306,283	$2.87M	0.78%	-148,335	Timeline
ECFELLSWORTH GROWTH & INCOME FD	312,463	$2.84M	0.77%	-1,963	Timeline
TONTGRAF GLOBAL CORP	272,386	$2.79M	0.75%	-25,620	Timeline
RFAIRF ACQUISITION CORP II	239,878	$2.49M	0.67%	0	Timeline
TAVITAVIA ACQUISITION CORP	232,657	$2.34M	0.63%	new	Timeline
CAPNCAYSON ACQUISITION CORP	224,750	$2.29M	0.62%	-250	Timeline
DRDBUROMAN DBDR ACQUISITION CORP	215,045	$2.2M	0.59%	-509,039	Timeline
SWZTOTAL RETURN SECURITIES FUND	237,472	$2.19M	0.59%	0	Timeline
LPBBLAUNCH TWO ACQUISITION CORP.	206,569	$2.09M	0.57%	+78,410	Timeline
FACTFACT II ACQUISITION CORP	194,000	$1.94M	0.53%	new	Timeline
LEGTLEGATO MERGER CORP III	178,048	$1.87M	0.51%	-31,545	Timeline
NABORS ENERGY TRANSITION CORNABORS ENERGY TRANSITION COR	166,987	$1.83M	0.49%	-114,373
RANGRANGE CAP ACQUISITION CORP	175,000	$1.76M	0.48%	new	Timeline
OFSOFS CAP CORP	182,409	$1.69M	0.46%	+68,846	Timeline
IBACIB ACQUISITION CORP	153,230	$1.58M	0.43%	-36,636	Timeline
LAUNCH TWO ACQUISITION CORP.LAUNCH TWO ACQUISITION CORP.	151,097	$1.54M	0.42%	-78,284
SPKLFSPARK I ACQUISITION CORP	133,951	$1.44M	0.39%	-15,783	Timeline
UCFICN HEALTHY FOOD TECH GROUP C	130,175	$1.37M	0.37%	-25,429	Timeline
DTSQDT CLOUD STAR ACQUISITION CO	130,956	$1.34M	0.36%	+80,956	Timeline
DMAAUDRUGS MADE IN AMER ACQUTN CO	130,264	$1.32M	0.36%	new	Timeline
FERAUFIFTH ERA ACQUISITION CORP I	123,627	$1.24M	0.34%	new	Timeline
GLOCLOUGH GLOBAL OPPORTUNITIES	254,583	$1.24M	0.34%	0	Timeline
RANGURANGE CAP ACQUISITION CORP	119,820	$1.23M	0.33%	-194,298	Timeline
CCIXCHURCHILL CAPITAL CORP IX	114,065	$1.23M	0.33%	0	Timeline
GLOBAL LIGHTS ACQUISITION COGLOBAL LIGHTS ACQUISITION CO	106,627	$1.16M	0.31%	new
NSLRNEOSTELLAR CAP CORP	231,062	$1.15M	0.31%	+86,708	Timeline
NBHNEUBERGER MUN FD INC	107,709	$1.12M	0.3%	-169,108	Timeline
YHNAYHN ACQUISITION I LTD	109,530	$1.12M	0.3%	new	Timeline
SEGSEAPORT ENTMT GROUP INC	50,000	$1.07M	0.29%	+11,482	Timeline
EURKEUREKA ACQUISITION CORP	101,000	$1.04M	0.28%	0	Timeline
CEPOCANTOR EQUITY PARTNERS I INC	100,000	$1.02M	0.28%	new	Timeline
PFXPHENIXFIN CORP	19,218	$1.02M	0.28%	0	Timeline
NHICUNEWHOLD INVT CORP III	101,000	$1.02M	0.27%	new	Timeline
BEAGBOLD EAGLE ACQUISITION CORP	100,000	$1.01M	0.27%	0	Timeline
NXDTNEXPOINT DIVERSIFIED REL ET	264,468	$1.01M	0.27%	0	Timeline
COLOMBIERACQUISITIONCORPICOLOMBIERACQUISITIONCORPI	92,617	$986K	0.27%	-19,011
HHHHOWARD HUGHES HOLDINGS INC	12,000	$889K	0.24%	0	Timeline
INFLECTION POINT ACQU CORP VINFLECTION POINT ACQU CORP V	86,521	$883K	0.24%	new
MXEMEXICO EQUITY & INCOME FD	101,158	$882K	0.24%	0	Timeline
ZTRVIRTUS TOTAL RETURN FD INC	139,878	$835K	0.23%	-222,815	Timeline
CXEMFS HIGH INCOME MUN TR	222,985	$823K	0.22%	new	Timeline
ALDFALDEL FINL II INC	78,050	$789K	0.21%	new	Timeline
CHENGHE ACQUISITION II COCHENGHE ACQUISITION II CO	73,876	$757K	0.2%	-23,563
INFLECTION POINT ACQUISITIONINFLECTION POINT ACQUISITION	71,303	$725K	0.2%	-78,198
FACTUFACT II ACQUISITION CORP	71,091	$716K	0.19%	-194,000	Timeline
BCVBANCROFT FD LTD	39,448	$687K	0.19%	+272	Timeline
ICMBINVESTCORP CR MGMT BDC INC	211,397	$679K	0.18%	+134,565	Timeline
MMACYS INC	50,000	$628K	0.17%	0	Timeline
BRWSABA CAPITAL INCOME & OPRNT	73,191	$568K	0.15%	-133,598	Timeline
SPAQLISTED FDS TR	5,200	$524K	0.14%	0	Timeline
FRNMPERCEPTIVE CAP SOLUTIONS COR	50,000	$515K	0.14%	0	Timeline
MRLNMERLIN INC	39,020	$391K	0.11%	new	Timeline
JACSUJACKSON ACQUISITION CO II	35,823	$369K	0.1%	-145,326	Timeline
LMNRLIMONEIRA CO	20,000	$354K	0.1%	0	Timeline
EDDMORGAN STANLEY EMERGING MKTS	55,414	$260K	0.07%	0	Timeline
BAYABAYVIEW ACQUISITION CORP	21,044	$229K	0.06%	0	Timeline
JVSPAC ACQUISITION CORPJVSPAC ACQUISITION CORP	20,471	$218K	0.06%	-3,646
UYSCUUY SCUTI ACQUISITION CORP.	21,145	$213K	0.06%	new	Timeline
ABRDN JAPAN EQUITY FUND INCABRDN JAPAN EQUITY FUND INC	26,956	$175K	0.05%	new
OACCOAKTREE ACQUISITION CORP III	13,500	$138K	0.04%	new	Timeline
HCM II ACQUISITION CORPHCM II ACQUISITION CORP	119,400	$82.4K	0.02%	-5,600
DRDBWROMAN DBDR ACQUISITION CORP	247,500	$79.2K	0.02%	new	Timeline
VLOSWVELOS ACQUISITION I CORP	231,064	$61.7K	0.02%	-6,589	Timeline
HFROHIGHLAND OPPS & INCOME FD	10,718	$55.7K	0.02%	-159,008	Timeline
FSHPRFLAG SHIP ACQUISITION CORP	275,000	$54.3K	0.01%	0	Timeline
COLOMBIER ACQUISITION CORP ICOLOMBIER ACQUISITION CORP I	66,296	$53K	0.01%	-25,336
EQV VENTURES ACQUISITION COREQV VENTURES ACQUISITION COR	134,066	$48.3K	0.01%	0
LPAAWLAUNCH ONE ACQUISITION CORP	269,118	$39K	0.01%	-9,358	Timeline
GIGGWGIGCAPITAL7 CORP	358,013	$34.3K	0.01%	0	Timeline
CUBWWLIONHEART HOLDINGS	256,635	$30.8K	0.01%	-15,832	Timeline
JACKSON ACQUISITION CO IIJACKSON ACQUISITION CO II	129,800	$30.2K	0.01%	new
DYNCWDYNAMIX CORP	105,820	$30.2K	0.01%	new	Timeline
RANGRRANGE CAP ACQUISITION CORP	175,000	$29.8K	0.01%	new	Timeline
ALFUWCENTURION ACQUISITION CORP	196,956	$29.5K	0.01%	-14,162	Timeline
VACHWVOYAGER ACQUISITION CORP	195,142	$29.3K	0.01%	0	Timeline
IBACRIB ACQUISITION CORP	513,699	$29.2K	0.01%	-36,146	Timeline
SIMAWSIM ACQUISITION CORP. I	218,403	$28.4K	0.01%	+18,403	Timeline
RTS/IRON HORSE ACQUISITIONS…RTS/IRON HORSE ACQUISITIONS CORP …	94,714	$28.4K	0.01%	-22,863
CAPNRCAYSON ACQUISITION CORP	195,000	$27.3K	0.01%	0	Timeline
POLEWANDRETTI ACQUISITION CORP II	145,619	$26.2K	0.01%	+68,019	Timeline
SILVERBOX CORP IVSILVERBOX CORP IV	71,318	$25K	0.01%	+26,313
GRAF GLOBAL CORPGRAF GLOBAL CORP	136,184	$24.5K	0.01%	-12,807
CCIXWCHURCHILL CAPITAL CORP IX	29,456	$23.6K	0.01%	+611	Timeline
BEAGRBOLD EAGLE ACQUISITION CORP	100,000	$23K	0.01%	0	Timeline
TAVIRTAVIA ACQUISITION CORP	182,657	$21.9K	0.01%	new	Timeline
TBMCRTRAILBLAZER MERGER CORP I RT	90,651	$19.9K	0.01%	-11,388	Timeline
FACTWFACT II ACQUISITION CORP	97,000	$17.5K	<0.01%	new	Timeline
LEGATO MERGER CORP IIILEGATO MERGER CORP III	88,513	$17.4K	<0.01%	-15,391
AA MISSION ACQUISITI…AA MISSION ACQUISITION …	251,434	$16.7K	<0.01%	-16,878
DTSQRDT CLOUD STAR ACQUISITION CO	100,000	$15.5K	<0.01%	0	Timeline
LPBBWLAUNCH TWO ACQUISITION CORP.	60,993	$12.8K	<0.01%	+19,455	Timeline
EURKREUREKA ACQUISITION CORP	51,000	$11.8K	<0.01%	0	Timeline
ALDFWALDEL FINL II INC	39,025	$11.7K	<0.01%	new	Timeline
ALPHAVEST ACQUISITION CORPALPHAVEST ACQUISITION CORP	47,096	$10.6K	<0.01%	-3,427
YHNARYHN ACQUISITION I LTD	60,185	$7.83K	<0.01%	new	Timeline
BACQRINFLECTION PT ACQUISITION CORP	39,020	$7.8K	<0.01%	new	Timeline
JVSPAC ACQUISITION CORPJVSPAC ACQUISITION CORP	21,423	$5.38K	<0.01%	-3,646
HAYMAKER ACQUISITION CORP IVHAYMAKER ACQUISITION CORP IV	21,039	$4.41K	<0.01%	-2,766
CN HEALTHY FOOD TECH GROUP CCN HEALTHY FOOD TECH GROUP C	96,796	$2.9K	<0.01%	-22,863

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
TPZTORTOISE CAPITAL SERIES TRUS	582,674	$11.7M	shares
NEW AMERICA HIGH INCOME FUN…NEW AMERICA HIGH INCOME FUND I	557,990	$4.56M	shares
QETAQUETTA ACQUISITION CORP	342,120	$3.62M	shares
CEETHE CENTRAL AND EASTERN EU I	260,831	$2.86M	shares
COHEN CIRCLE ACQUISITION CO…COHEN CIRCLE ACQUISITION COR UNIT…	246,614	$2.5M	shares
TAVIUTAVIA ACQUISITION CORP	246,938	$2.48M	shares
DYNCUDYNAMIX CORP	211,640	$2.1M	shares
BOWEN ACQUISITION CORPBOWEN ACQUISITION CORP	177,000	$1.93M	shares
POLEUANDRETTI ACQUISITION CORP II	167,822	$1.69M	shares
MACIMELAR ACQUISITION CORP. I	150,000	$1.51M	shares
YHNAUYHN ACQUISITION I LTD	128,784	$1.31M	shares
SBXDUSILVERBOX CORP IV	104,781	$1.06M	shares
RDACRISING DRAGON ACQUISITION CO	100,000	$1M	shares
ALDEL FINL II INCALDEL FINL II INC	93,526	$941K	shares
CIIBLACKROCK ENHANCED LARGE CAP	39,450	$793K	shares
HERZFELD CREDIT INCOME FUNDHERZFELD CREDIT INCOME FUND	277,149	$649K	shares
SIMAUSIM ACQUISITION CORP. I	51,857	$523K	shares
EQCEQUITY COMMONWEALTH	284,481	$504K	shares
ASPCUA SPAC III ACQUISITION CORP	50,000	$504K	shares
AEFABRDN EMERGING MARKETS EX CH	74,230	$385K	shares
AAPLAPPLE INC	1,100	$269K	shares
RDACRRISING DRAGON ACQUISITION CO	100,000	$14.1K	shares
INFLECTION PT ACQUISITN CRPINFLECTION PT ACQUISITN CRP	21,003	$10.5K	shares
MELAR ACQUISITION CORP. IMELAR ACQUISITION CORP. I	75,000	$8.62K	shares
RFAIRRF ACQUISITION CORP II	100,556	$5.64K	shares
ALPHATIME ACQUISITION CORPALPHATIME ACQUISITION CORP	37,807	$5.11K	shares
GLOBAL STAR ACQUISITION INCGLOBAL STAR ACQUISITION INC	31,810	$4.77K	shares
Chenghe Acquisition II CoChenghe Acquisition II Co	48,387	$1.94K	shares
ATMCWALPHATIME ACQUISITION CORP RED	38,408	$768	shares

How Q1 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001398344-25-009632	base		2025-05-15	acceptance time not in the bulk data set	2026-10-07 18:25:06 UTC