Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| ISHARES MSCI KOREA | 744,787 | 919,724 | +174,937 | 59,657 | 89,416 | 6.70% | +29,758 |
| MICROSOFT CORP(MSFT) | 9,653 | 44,841 | +35,188 | 5,000 | 21,686 | 1.63% | +16,686 |
| BLACKROCK MUNICIPAL TARGET TERM TRUST(BTT) | 0 | 662,759 | +662,759 | 0 | 15,124 | 1.13% | +15,124 |
| KOREA FUND | 1,456,201 | 1,605,335 | +149,134 | 44,538 | 58,306 | 4.37% | +13,768 |
| INDIA FUND INC | 830,504 | 1,753,748 | +923,244 | 12,167 | 24,044 | 1.80% | +11,877 |
| KKR & CO INC(KKR) | 0 | 73,566 | +73,566 | 0 | 9,378 | 0.70% | +9,378 |
| ALPHABET INC(GOOG) | 110,211 | 109,891 | -320 | 26,792 | 34,396 | 2.58% | +7,604 |
| KAYNE ANDERSON ENERGY INFRAS FUND INC(KYN) | 1,722,769 | 2,239,158 | +516,389 | 21,311 | 27,721 | 2.08% | +6,410 |
| COHEN & STEERS INFRASTRUCTURE FUND(UTF) | 55,300 | 293,500 | +238,200 | 1,371 | 7,076 | 0.53% | +5,705 |
| ISHARES MSCI ALL COUNTRY ASIA EX-JAPAN | 0 | 42,200 | +42,200 | 0 | 3,930 | 0.29% | +3,930 |
| NVIDIA CORP(NVDA) | 388,621 | 409,716 | +21,095 | 72,507 | 76,412 | 5.73% | +3,905 |
| MS CHINA A SHARE | 6,147,824 | 6,116,700 | -31,124 | 102,361 | 106,186 | 7.96% | +3,825 |
| BLACKROCK HEALTH SCIENCES TERM TRUST | 74,070 | 317,715 | +243,645 | 1,068 | 4,782 | 0.36% | +3,714 |
| BLACKSTONE INC(BX) | 0 | 23,849 | +23,849 | 0 | 3,676 | 0.28% | +3,676 |
| MS INDIA INVESTMENT(IIF) | 482,174 | 645,866 | +163,692 | 12,705 | 16,134 | 1.21% | +3,428 |
| MEXICO EQUITY & INCOME FUND INC | 940,560 | 1,142,425 | +201,865 | 11,164 | 14,143 | 1.06% | +2,979 |
| ISHARES MSCI CHINA ETF MSCI CHINA ETF | 0 | 43,743 | +43,743 | 0 | 2,628 | 0.20% | +2,628 |
| LIBERTY ALL STAR EQUITY FUND(USA) | 0 | 408,381 | +408,381 | 0 | 2,565 | 0.19% | +2,565 |
| NUVEEN GLOBAL HIGH INCOME FUND | 0 | 186,000 | +186,000 | 0 | 2,345 | 0.18% | +2,345 |
| PGIM GLOBAL HIGH YIELD FUND | 0 | 190,000 | +190,000 | 0 | 2,345 | 0.18% | +2,345 |
| ABRDN EMERGING MARKETS EX CHINA | 11,991,972 | 11,368,507 | -623,465 | 77,708 | 79,580 | 5.96% | +1,872 |
| JAPAN SMALLER CAPITALIZATION FUND, INC(JOF) | 3,520,068 | 3,479,014 | -41,054 | 37,102 | 38,547 | 2.89% | +1,446 |
| TEMPLETON EMERGING MARKETS FD | 4,171,496 | 4,184,623 | +13,127 | 69,831 | 71,264 | 5.34% | +1,433 |
| ISHARES NATIONAL MUNI BOND ETF | 143,979 | 155,979 | +12,000 | 15,332 | 16,707 | 1.25% | +1,375 |
| NUVEEN CREDIT STRATEGIES INCOME FUND COM SHS | 635,847 | 885,847 | +250,000 | 3,351 | 4,447 | 0.33% | +1,096 |
| NEUBERGER BERMAN NEXT GEN(NBXG) | 836,518 | 965,954 | +129,436 | 12,866 | 13,948 | 1.05% | +1,083 |
| INVESCO SENIOR INCOME TRUST | 767,024 | 1,108,507 | +341,483 | 2,654 | 3,625 | 0.27% | +971 |
| BLACKROCK MUNICIPAL INCOME TRUST | 0 | 96,407 | +96,407 | 0 | 967 | 0.07% | +967 |
| ISHARES MSCI CHILE ETF | 0 | 21,021 | +21,021 | 0 | 849 | 0.06% | +849 |
| NUVEEN FLOATING RATE INCOME FUND(JFR) | 255,523 | 364,140 | +108,617 | 2,090 | 2,851 | 0.21% | +761 |
| HEALTH CARE SELECT SECTOR ST STR CARE ETF | 0 | 4,099 | +4,099 | 0 | 635 | 0.05% | +635 |
| FEDERATED HERMES PREMIER MUNICIPAL INC | 71,605 | 127,714 | +56,109 | 791 | 1,419 | 0.11% | +628 |
| BLACKROCK NEW YORK MUNICIPAL | 0 | 53,221 | +53,221 | 0 | 540 | 0.04% | +540 |
| ROYCE SMALL CAP TRUST(RVT) | 64,791 | 83,901 | +19,110 | 1,045 | 1,351 | 0.10% | +306 |
| DOUBLELINE YIELD OPPORTUNITIES | 0 | 19,957 | +19,957 | 0 | 290 | 0.02% | +290 |
| NYLI CBRE GBL INFRA MEGATRENDS TERM FUND | 0 | 19,660 | +19,660 | 0 | 271 | 0.02% | +271 |
| JOHN HANCOCK FINANCIAL OPPORTUNITIES FUN(BTO) | 0 | 7,538 | +7,538 | 0 | 264 | 0.02% | +264 |
| CALAMOS STRAT TOT RETURN FD(CSQ) | 0 | 13,170 | +13,170 | 0 | 253 | 0.02% | +253 |
| BLACKROCK MULTI-SECTOR INCOME TRUST | 0 | 15,844 | +15,844 | 0 | 207 | 0.02% | +207 |
| EATON VANCE SENIOR INCOME TRUST | 0 | 38,471 | +38,471 | 0 | 203 | 0.02% | +203 |
| MFS HIGH YIELD MUNICIPAL TRU | 518,249 | 568,249 | +50,000 | 1,798 | 1,995 | 0.15% | +196 |
| ABRDN HEALTHCARE INVESTORS(HQH) | 62,845 | 69,776 | +6,931 | 1,160 | 1,322 | 0.10% | +161 |
| BLACKROCK TECH & PRIVATE EQU TERM TRUST(BTX) | 0 | 21,000 | +21,000 | 0 | 138 | 0.01% | +138 |
| BLACKROCK MUNIYIELD QUALITY FUND INC(MQY) | 0 | 10,000 | +10,000 | 0 | 113 | 0.01% | +113 |
| BNY MELLON STRATEGIC MUNICIPAL | 270,829 | 270,829 | 0 | 1,693 | 1,722 | 0.13% | +30 |
| ISHARES MSCI POLAND ETF MSCI POLAND ETF | 33,700 | 31,500 | -2,200 | 1,085 | 1,108 | 0.08% | +23 |
| BLACKROCK MUNIVEST FUND INC | 215,857 | 215,857 | 0 | 1,481 | 1,496 | 0.11% | +15 |
| PIMCO CALIFORNIA MUNICIPAL INCOME FUND COM | 201,590 | 201,590 | 0 | 1,758 | 1,760 | 0.13% | +2 |
| BLACKROCK MUNIHOLDINGS NEW YORK | 56,695 | 56,695 | 0 | 579 | 580 | 0.04% | +1 |
| DTF TAX FREE INCOME 2028 TERM | 71,012 | 71,012 | 0 | 812 | 811 | 0.06% | -1 |
| BLACKROCK MUNIYIELD NY QUAL | 112,750 | 112,750 | 0 | 1,120 | 1,117 | 0.08% | -2 |
| BLACKROCK MUNIHOLDINGS FUND(MHD) | 371,247 | 371,247 | 0 | 4,362 | 4,358 | 0.33% | -4 |
| MFS HIGH INCOME MUNICIPAL TRUST SH BEN INT | 195,885 | 195,885 | 0 | 729 | 725 | 0.05% | -4 |
| COHEN & STEERS INFRASTRUCTURE RIGHTS | 55,300 | 0 | -55,300 | 4 | 0 | — | -4 |
| NEW GERMANY(GF) | 252,867 | 255,067 | +2,200 | 2,923 | 2,913 | 0.22% | -10 |
| ISHARES SHORT TERM NATIONAL MUNI BOND | 130,304 | 130,304 | 0 | 13,914 | 13,903 | 1.04% | -10 |
| FRANKLIN LTD DURATION INCOME TRUST(FTF) | 59,915 | 59,915 | 0 | 382 | 368 | 0.03% | -13 |
| ALLIANCEBERNSTEIN NATIONAL MUNI(AFB) | 453,640 | 453,640 | 0 | 4,922 | 4,908 | 0.37% | -14 |
| BLACKSTONE STRATEGIC CREDIT 2027 TERM(BGB) | 186,254 | 191,182 | +4,928 | 2,267 | 2,252 | 0.17% | -15 |
| EATON VANCE MUNICIPAL BOND FUND | 82,382 | 82,382 | 0 | 819 | 802 | 0.06% | -17 |
| NYLI MACKAY DEFINEDTERM MUNI O(MMD) | 87,267 | 87,267 | 0 | 1,320 | 1,298 | 0.10% | -23 |
| BLACKROCK MUNIYIELD FUND INC | 559,426 | 559,426 | 0 | 5,908 | 5,868 | 0.44% | -39 |
| ISHARES MSCI TURKEY ETF | 33,200 | 31,400 | -1,800 | 1,136 | 1,081 | 0.08% | -56 |
| BLACKROCK RESOURCES AND COMMODITIES(BCX) | 371,895 | 338,191 | -33,704 | 3,782 | 3,713 | 0.28% | -69 |
| FIRST TRUST HIGH YIELD OPPORTUNITY | 419,564 | 427,084 | +7,520 | 6,079 | 6,009 | 0.45% | -70 |
| BLACKROCK MUNIYIELD QUALITY FUND III | 391,043 | 391,043 | 0 | 4,333 | 4,251 | 0.32% | -82 |
| BLACKROCK MUNIHOLDINGS CA QU(MUC) | 371,024 | 371,024 | 0 | 4,026 | 3,933 | 0.29% | -93 |
| ISHARES MSCI ALL PERU CAPPED INDEX FUND | 20,600 | 16,000 | -4,600 | 1,267 | 1,158 | 0.09% | -109 |
| BROOKFIELD REAL ASSETS INCOME | 300,319 | 300,319 | 0 | 4,012 | 3,892 | 0.29% | -120 |
| MERCADOLIBRE INC(MELI) | 475 | 475 | 0 | 1,110 | 957 | 0.07% | -153 |
| PIMCO MUNICIPAL INCOME FUND II(PML) | 461,349 | 461,349 | 0 | 3,649 | 3,479 | 0.26% | -171 |
| WESTERN ASSET MANAGED MUNICIPALS FUND | 397,985 | 376,788 | -21,197 | 4,115 | 3,934 | 0.29% | -181 |
| EATON VANCE SENIOR INCOME TRUST | 35,500 | 0 | -35,500 | 195 | 0 | — | -195 |
| GLOBAL X FTSE ARGENTINA 20 ETF | 41,500 | 29,000 | -12,500 | 2,895 | 2,651 | 0.20% | -244 |
| BLACKROCK ENHANCED INTERNATIONAL | 1,973,384 | 1,868,913 | -104,471 | 11,347 | 10,989 | 0.82% | -358 |
| THE CARLYLE GROUP INC(CG) | 99,723 | 99,723 | 0 | 6,253 | 5,895 | 0.44% | -358 |
| PGIM SHORT DURATION HIGH YIELD | 534,399 | 520,958 | -13,441 | 8,935 | 8,570 | 0.64% | -365 |
| GLOBAL X MSCI GREECE ETF MSCI GREECE ETF | 11,300 | 5,400 | -5,900 | 728 | 356 | 0.03% | -372 |
| GABELLI DIV & INCOME TRUST COM | 14,376 | 0 | -14,376 | 390 | 0 | — | -390 |
| EATON VANCE CALIFORNIA MUNICIPAL | 45,690 | 0 | -45,690 | 434 | 0 | — | -434 |
| ISHARES RUSSELL 1000 VALUE ETF | 2,400 | 0 | -2,400 | 489 | 0 | — | -489 |
| BLACKROCK NEW YORK MUNICIPAL | 53,221 | 0 | -53,221 | 539 | 0 | — | -539 |
| NEUBERGER BERMAN ENERGY INFRAS & INCOME | 3,225,547 | 3,225,547 | 0 | 28,127 | 27,417 | 2.05% | -710 |
| ISHARES 1-5 YEAR INVST GD CORP BOND ETF | 23,427 | 7,927 | -15,500 | 1,242 | 419 | 0.03% | -823 |
| EATON VANCE NEW YORK MUNICIPAL BOND FUND | 84,523 | 0 | -84,523 | 833 | 0 | — | -833 |
| LIBERTY ALL-STAR GROWTH FUND | 274,360 | 124,484 | -149,876 | 1,523 | 660 | 0.05% | -863 |
| TEMPLETON DRAGON FUND | 8,486,198 | 8,695,510 | +209,312 | 98,864 | 97,911 | 7.34% | -953 |
| BLACKROCK MUNICIPAL INCOME TRUST | 96,407 | 0 | -96,407 | 969 | 0 | — | -969 |
| ISHARES MSCI TAIWAN MSCI TAIWAN ETF | 1,037,816 | 1,016,502 | -21,314 | 66,021 | 64,578 | 4.84% | -1,442 |
| PIMCO DYNAMIC INCOME STRATEGY(PDX) | 335,184 | 358,918 | +23,734 | 8,356 | 6,740 | 0.51% | -1,616 |
| BLACKROCK CORE BOND TRUST | 208,925 | 0 | -208,925 | 2,077 | 0 | — | -2,077 |
| AMAZON.COM INC(AMZN) | 13,890 | 0 | -13,890 | 3,050 | 0 | — | -3,050 |
| MEXICO FUND | 3,557,028 | 3,296,675 | -260,353 | 70,073 | 66,395 | 4.98% | -3,678 |
| THE BLACKSTONE GROUP INC(BX) | 22,999 | 0 | -22,999 | 3,929 | 0 | — | -3,929 |
| ISHARES MSCI INDIA ETF MSCI INDIA ETF | 293,269 | 183,073 | -110,196 | 15,268 | 9,895 | 0.74% | -5,372 |
| KKR & CO INC(KKR) | 72,629 | 0 | -72,629 | 9,438 | 0 | — | -9,438 |
| TAIWAN FUND | 2,401,789 | 2,252,935 | -148,854 | 129,985 | 120,262 | 9.01% | -9,723 |
| APPLE INC(AAPL) | 250,131 | 185,361 | -64,770 | 63,691 | 50,392 | 3.78% | -13,299 |
| BLACKROCK MUNICIPAL TARGET TERM TRUST(BTT) | 662,759 | 0 | -662,759 | 14,886 | 0 | — | -14,886 |
| ISHARES MSCI EMERGING MKTS EX CHINA ETF MSCI EMRG CHN | 246,518 | 0 | -246,518 | 16,642 | 0 | — | -16,642 |