Hennion & Walsh Asset Management, Inc.

All holdings · as of Dec 31, 2025

Company	Class	Value	Shares	% of portfolio
Williams Cos Inc/The	—	$4.78M	79,517	0.2%
Kratos Defense & Security Solutions Inc	—	$4.77M	62,902	0.2%
Antero Midstream Corp	—	$4.77M	268,302	0.2%
MADRIGAL PHARMACEUTICALS, INC.	—	$4.75M	8,163	0.2%
CHEVRON CORP	—	$4.73M	31,065	0.2%
DBX ETF TR	—	$4.72M	192,482	0.2%
ECOLAB INC.	—	$4.71M	17,927	0.2%
UNITEDHEALTH GROUP INC	—	$4.68M	14,166	0.2%
The Boeing Company	—	$4.65M	21,411	0.2%
Trinity Capital Inc.TRIN	Common Stock	$4.65M	317,155	0.2%
Iron Mountain Inc	—	$4.63M	55,764	0.2%
Blue Owl Capital CorpOBDC	Common Stock	$4.61M	370,782	0.2%
abrdn Total Dynamic Dividend Fund	—	$4.57M	468,821	0.2%
STRYKER CORP	—	$4.52M	12,852	0.2%
ISHARES TR	—	$4.50M	84,170	0.2%
THE GOLDMAN SACHS GROUP, INC.	—	$4.48M	5,098	0.2%
Grifols SA	—	$4.48M	478,769	0.2%
Dell Technologies Inc.	—	$4.48M	35,559	0.2%
Arthur J. Gallagher & Co.	—	$4.48M	17,295	0.2%
BADGER METER INC	—	$4.42M	25,366	0.2%
RTX Corp	—	$4.38M	23,884	0.2%
Vertiv Holdings Co	—	$4.38M	27,034	0.2%
Duke Energy Corp	—	$4.27M	36,443	0.1%
Morgan Stanley Direct Lending FundMSDL	Common Stock	$4.27M	258,929	0.1%
BlackRock MuniHoldings California Quality Fund, Inc.MUC	Closed-End Fund	$4.25M	400,600	0.1%
BLACKROCK MUNI INCOME TR II	—	$4.22M	404,313	0.1%
Seagate Technology Holdings PLC	—	$4.22M	15,312	0.1%
AMERICAN INTERNATIONAL GROUP, INC.	—	$4.19M	49,015	0.1%
FIRST TR EXCH TRADED FD III	—	$4.14M	155,121	0.1%
DUCOMMUN INC /DE	—	$4.09M	42,989	0.1%
L3HARRIS TECHNOLOGIES, INC. /DE	—	$4.07M	13,867	0.1%
TRI-CONTINENTAL CorpTY	Closed-End Fund	$4.04M	123,776	0.1%
CINTAS CORP	—	$4.04M	21,458	0.1%
SLR Investment Corp.SLRC	Common Stock	$4.03M	260,893	0.1%
CION INVT CORP	—	$4.01M	414,620	0.1%
Supernus Pharmaceuticals Inc	—	$4.01M	80,651	0.1%
Nuvation Bio Inc.NUVB	Common Stock	$3.99M	445,279	0.1%
ASML HOLDING N V	—	$3.98M	3,716	0.1%
NUVEEN CALIFORNIA AMT QLT MU	—	$3.94M	316,709	0.1%
THERMO FISHER SCIENTIFIC INC.	—	$3.93M	6,788	0.1%
DWS Municipal Income Trust	—	$3.92M	431,210	0.1%
Fortinet Inc	—	$3.88M	48,893	0.1%
EATON VANCE NATL MUN OPPORT	—	$3.87M	228,730	0.1%
Syndax Pharmaceuticals Inc	—	$3.86M	183,802	0.1%
Comfort Systems USA Inc	—	$3.83M	4,109	0.1%
NiSource Inc	—	$3.83M	91,609	0.1%
SPDR S&P 500 ETF TR	—	$3.79M	5,563	0.1%
UROGEN PHARMA LTD	—	$3.79M	161,924	0.1%
Travere Therapeutics, Inc.	—	$3.79M	99,229	0.1%
Salesforce Inc	—	$3.75M	14,167	0.1%