13F HOLDINGS REPORT

Shaker Financial Services, LLC

Quarter ended Q2 2025 · Filed August 5, 2025 · Accession 0001172661-25-002882

Total Value

$275.8M

Positions

147

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (147)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	CENTRAL SECS CORP	155123102	211,722	$10.1M	3.67%
2	ROYCE MICRO-CAP TR INC	RMT	1,021,723	$9.5M	3.43%
3	ROYCE SMALL CAP TRUST INC	RVT	585,074	$8.8M	3.19%
4	NUVEEN CORE EQUITY ALPHA FD	NU	527,991	$8.4M	3.03%
5	EATON VANCE TAX MNGED BUY WR	ETN	538,006	$7.8M	2.82%
6	LIBERTY ALL-STAR GROWTH FD I	529900102	1,340,933	$7.3M	2.66%
7	CALAMOS STRATEGIC TOTAL RETU	CSQ	394,767	$7.2M	2.61%
8	NUVEEN DOW 30 DYNMC OVERWRT	NU	459,536	$6.7M	2.44%
9	GENERAL AMERN INVS CO INC	368802104	109,796	$6.2M	2.23%
10	CALAMOS GBL DYN INCOME FUND	12811L107	841,470	$6.0M	2.18%
11	BLACKROCK ENHANCED EQUITY DI	BLK	627,929	$5.6M	2.02%
12	LIBERTY ALL STAR EQUITY FD	530158104	803,925	$5.5M	1.99%
13	TRI CONTL CORP	895436103	162,350	$5.1M	1.86%
14	EUROPEAN EQUITY FD INC	298768102	447,331	$4.6M	1.66%
15	FRANKLIN LTD DURATION INCOME	FTF	672,153	$4.3M	1.56%
16	ALLSPRING INCOME OPPORTUNIT	EAD	587,142	$4.2M	1.51%
17	SPECIAL OPPORTUNITIES FD INC	84741T104	266,728	$4.1M	1.50%
18	EATON VANCE TAX-MANAGED GLOB	ETN	449,311	$3.9M	1.41%
19	FIRST TR ENHANCED EQUITY INC	337318109	179,995	$3.7M	1.34%
20	NUVEEN MULTI ASSET INCOME FU	670750108	278,485	$3.5M	1.29%
21	SPROTT FOCUS TR INC	SII	459,701	$3.4M	1.25%
22	ABRDN TOTAL DYNAMIC DIVIDEND	AOD	374,808	$3.3M	1.20%
23	BLACKROCK HEALTH SCIENCES TR	BLK	224,516	$3.2M	1.17%
24	BRANDYWINEGBL GBL INCM OPP F	10537L104	382,468	$3.2M	1.16%
25	ALLSPRING MULTI SECTOR INCOM	ERC	315,553	$3.0M	1.09%
26	DOUBLELINE INCOME SOLUTIONS	DSL	244,126	$3.0M	1.08%
27	NUVEEN GLOBAL HIGH INCOME FD	NU	226,452	$3.0M	1.07%
28	XAI MADISON EQUITY PREMIUM I	MCN	455,480	$2.9M	1.04%
29	EATON VANCE TAX ADVT DIV INC	ETN	117,919	$2.8M	1.03%
30	EATON VANCE TAX-MANAGED BUY-	ETN	203,026	$2.8M	1.02%
31	EATON VANCE RISK-MANAGED DIV	ETN	303,924	$2.7M	1.00%
32	WESTERN ASSET GBL HIGH INC F	95766B109	414,977	$2.7M	0.99%
33	BARINGS GLOBAL SHORT DURATIO	BGH	174,609	$2.7M	0.98%
34	FLAHERTY & CRUMRINE DYNAMIC	DFP	130,860	$2.7M	0.97%
35	PGIM SHORT DUR HIG YLD OPP F	69355J104	158,365	$2.7M	0.97%
36	SABA CAPITAL INCOME & OPPORT	BRW	288,813	$2.7M	0.96%
37	SOURCE CAPITAL	SOR	60,873	$2.6M	0.96%
38	HANCOCK JOHN INVT TR II	410142103	183,223	$2.5M	0.92%
39	CLOUGH GLOBAL DIVID & INCOME	18913Y103	453,041	$2.5M	0.90%
40	VIRTUS EQUITY & CONV INCM FD	92841M101	101,493	$2.4M	0.88%
41	JOHN HANCOCK DIVERSIFIED INC	HEQ	224,964	$2.4M	0.86%
42	EATON VANCE TAX-ADVANTAGED G	ETN	86,048	$2.3M	0.85%
43	VIRTUS GLOBAL MULTI-SECTOR I	VGI	297,936	$2.3M	0.85%
44	BLACKROCK ENHANCED INTL DIV	BLK	388,987	$2.3M	0.82%
45	MFS CHARTER INCOME TR	MCR	341,354	$2.2M	0.79%
46	EATON VANCE LIMITED DURATION	ETN	209,404	$2.1M	0.78%
47	ANGEL OAK FINL STRATEGIES IN	03464A100	163,730	$2.1M	0.77%
48	WESTERN ASSET HIGH INCOM FD	95766J102	454,438	$2.0M	0.72%
49	CHINA FD INC	169373107	132,112	$2.0M	0.71%
50	ALLIANCEBERNSTEIN GLOBAL HIG	AWF	177,884	$2.0M	0.71%
51	TAIWAN FD INC	874036106	42,901	$1.9M	0.70%
52	CALAMOS GLOBAL TOTAL RETURN	CGO	159,279	$1.9M	0.68%
53	ROYCE GLOBAL TRUST INC	RGT	154,766	$1.9M	0.68%
54	COHEN & STEERS LTD DURATION	19248C105	85,631	$1.8M	0.65%
55	ABRDN INCOME CREDIT STRATEGI	ACP-PA	303,546	$1.8M	0.65%
56	COHEN & STEERS SELECT PFD &	19248Y107	87,569	$1.8M	0.64%
57	BLACKSTONE STRATEGIC CRED 20	BX	140,782	$1.7M	0.62%
58	FIRST TR SR FLTG RATE INCOME	33733U108	166,080	$1.7M	0.61%
59	WESTERN ASSET EMERGING MKTS	95766A101	162,921	$1.7M	0.60%
60	COHEN & STEERS QUALITY INCOM	19247L106	125,826	$1.6M	0.57%
61	INVESCO HIGH INCOME TR II	IVZ	140,102	$1.5M	0.56%
62	ARES DYNAMIC CR ALLOCATION F	04014F102	106,790	$1.5M	0.55%
63	NEW GERMANY FD INC	644465106	122,622	$1.5M	0.53%
64	FIRST TR INTER DURATN PFD &	33718W103	77,756	$1.5M	0.53%
65	FIRST TR HIGH YIELD OPPRT 20	33741Q107	93,043	$1.4M	0.50%
66	BLACKROCK SCIENCE & TECHNOLO	BLK	36,014	$1.4M	0.50%
67	DOUBLELINE YIELD OPPORTUNITI	DLY	83,413	$1.3M	0.47%
68	NUVEEN S&P 500 DYNAMIC OVERW	6706EW100	71,075	$1.3M	0.46%
69	TEMPLETON EMERGING MKTS INCO	880192109	207,185	$1.2M	0.45%
70	VOYA ASIA PAC HIGH DIV EQT I	92912J102	173,883	$1.2M	0.44%
71	SRH TOTAL RETURN FUND INC	STEW	69,216	$1.2M	0.44%
72	COHEN & STEERS TAX ADVAN PFD	19249X108	61,281	$1.2M	0.44%
73	MORGAN STANLEY EMERGING MKTS	MS-PQ	228,932	$1.2M	0.44%
74	EATON VANCE ENHANCED EQUITY	ETN	49,165	$1.2M	0.43%
75	LAZARD GLOBAL TOTAL RETURN &	LAZ	70,478	$1.2M	0.43%
76	ELLSWORTH GROWTH & INCOME FD	289074106	108,007	$1.1M	0.40%
77	XAI OCTAGN FLT RAT & ALT INM	98400T106	194,429	$1.1M	0.40%
78	NUVEEN S&P 500 BUY-WRITE INC	NU	77,595	$1.1M	0.40%
79	ABRDN ASIA PACIFIC INCOME FU	ABAKF	68,831	$1.1M	0.40%
80	MFS MULTIMARKET INCOME TR	MMT	225,381	$1.1M	0.38%
81	VIRTUS TOTAL RETURN FD INC	92835W107	169,755	$1.1M	0.38%
82	EATON VANCE SHORT DURATION D	ETN	91,716	$1.0M	0.37%
83	BLACKROCK ENHANCED GLOBAL DI	BLK	88,166	$1.0M	0.36%
84	BLACKSTONE LONG SHORT CR INC	BGX	79,194	$982,798	0.36%
85	TEMPLETON DRAGON FD INC	88018T101	97,348	$972,506	0.35%
86	JAPAN SMALLER CAPITALIZATION	JOF	97,575	$940,623	0.34%
87	CREDIT SUISSE ASSET MGMT INC	224916106	306,376	$906,873	0.33%
88	TOTAL RETURN SECURITIES FUND	SWZ	140,360	$889,884	0.32%
89	TEMPLETON EMERGING MKTS FD	880191101	56,592	$825,678	0.30%
90	WESTERN ASSET HIGH INCOME OP	HIO	199,744	$802,073	0.29%
91	MEXICO EQUITY & INCOME FD	592834105	75,982	$795,532	0.29%
92	ALLSPRING GLOBAL DIVIDEND OP	EOD	145,159	$791,119	0.29%
93	NUVEEN REAL ESTATE INCOME FD	NU	98,228	$780,913	0.28%
94	BNY MELLON HIGH YIELD STRATE	DHF	297,741	$774,127	0.28%
95	NUVEEN FLOATING RATE INCOME	67072T108	86,857	$743,062	0.27%
96	SABA CAPITAL INCOME & OPRNT	78518H202	82,220	$662,694	0.24%
97	BLACKROCK ESG CAP ALLC TERM	BLK	38,270	$614,617	0.22%
98	KKR INCOME OPPORTUNITIES FD	KKRT	48,059	$603,622	0.22%
99	RIVERNORTH CAP AND INCM FD I	76882B108	40,112	$583,630	0.21%
100	HANCOCK JOHN TAX-ADVANTAGED	41013V100	23,443	$548,332	0.20%
101	FRANKLIN UNVL TR	355145103	70,883	$540,129	0.20%
102	EATON VANCE TX ADV GLBL DIV	ETN	25,505	$534,075	0.19%
103	ABRDN JAPAN EQUITY FUND INC	JEQ	68,757	$518,428	0.19%
104	BROOKFIELD REAL ASSETS INCOM	RA	38,743	$517,994	0.19%
105	MORGAN STANLEY CHINA A SH FD	MS-PQ	36,845	$507,576	0.18%
106	EATON VANCE ENHANCED EQUITY	ETN	23,958	$501,202	0.18%
107	VOYA EMERGING MKTS HIGH DIVI	92912P108	80,607	$478,806	0.17%
108	ABRDN EMERGING MARKETS EX CH	AEF	80,502	$478,182	0.17%
109	WESTERN ASSET HIGH YIELD DEF	HYI	39,201	$473,353	0.17%
110	BLACKROCK ENHANCED LARGE CAP	BLK	21,805	$465,537	0.17%
111	CLOUGH GLOBAL EQUITY FD	18914C100	63,000	$448,812	0.16%
112	EATON VANCE SR FLTNG RTE TR	ETN	36,766	$445,604	0.16%
113	WESTERN ASSET INVT GRADE OPP	95790A101	26,623	$442,793	0.16%
114	NUVEEN PFD & INCOME OPPORTUN	NU	54,700	$442,332	0.16%
115	ABRDN LIFE SCIENCES INVESTOR	HQL	31,062	$397,905	0.14%
116	COLUMBIA SELIGM PREM TECH GR	19842X109	12,989	$394,996	0.14%
117	WSTRN AST GLBL CORP OPP FD I	95790C107	32,873	$393,468	0.14%
118	ABRDN AUSTRALIA EQUITY FD IN	003011103	87,045	$389,092	0.14%
119	DOUBLELINE OPPORTUNISTIC CR	DBL	25,219	$387,869	0.14%
120	PIMCO INCOME STRATEGY FD II	72201J104	51,718	$385,910	0.14%
121	RIVERNORTH DOUBLELINE STRATE	OPP-PC	44,076	$376,850	0.14%
122	RIVERNORTH OPPORTUNITIES FD	76881Y109	30,464	$373,489	0.14%
123	PGIM HIGH YIELD BOND FUND IN	ISD	26,223	$371,583	0.13%
124	EATON VANCE TAX-MANAGED GLOB	ETN	41,840	$366,100	0.13%
125	EATON VANCE SR INCOME TR	ETN	63,225	$359,751	0.13%
126	SPDR S&P 500 ETF TR	SPY	558	$351,027	0.13%
127	INVESCO QQQ TR	IVZ	582	$321,399	0.12%
128	PIMCO INCOME STRATEGY FD	72201H108	37,026	$311,811	0.11%
129	HANCOCK JOHN INCOME SECS TR	410123103	26,519	$299,135	0.11%
130	PIMCO GLOBAL STOCKSPLS INCM	722011103	33,752	$284,162	0.10%
131	HANCOCK JOHN PREM DIVID FD	41013T105	21,096	$277,835	0.10%
132	MEXICO FD INC	592835102	14,588	$256,312	0.09%
133	CHIPOTLE MEXICAN GRILL INC	CMG	4,350	$244,253	0.09%
134	CALAMOS LNG SHR EQT DYNAMIC	12812C106	12,739	$206,754	0.07%
135	VIRTUS DIVIDEND INTEREST & P	NFJ	16,578	$205,568	0.07%
136	PUTNAM MASTER INTER INCOME T	746909100	60,890	$203,982	0.07%
137	BLACKROCK CR ALLOCATION INCO	BLK	18,000	$196,560	0.07%
138	TORTOISE SUSTAINABLE & SOCIA	27901F109	15,293	$187,263	0.07%
139	HIGH INCOME SECS FD	42968F108	28,503	$180,995	0.07%
140	COHEN & STEERS CLOSED-END OP	19248P106	14,152	$178,599	0.06%
141	VOYA INFRASTRUCTURE INDLS &	92912X101	14,595	$170,616	0.06%
142	VOYA GLBL EQTY DIV & PREM OP	92912T100	28,987	$168,125	0.06%
143	WESTERN ASSET INVESTMENT GRA	95766T100	11,110	$144,898	0.05%
144	NUVEEN CR STRATEGIES INCOME	NU	24,452	$134,535	0.05%
145	CREDIT SUISSE HIGH YIELD BD	DHY	55,339	$117,873	0.04%
146	MFS INTER INCOME TR	55273C107	25,050	$67,886	0.02%
147	GABELLI CONV & INC SECS FD I	36240B109	10,493	$40,189	0.01%