# EDGAR Filing Document

**Accession Number:** 0001668256
**File Stem:** 0001668256-23-000001
**Filing Date:** 2023-1
**Character Count:** 14260
**Document Hash:** f16279f7e66cc982abbd0429be13bf83
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001668256-23-000001.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0001668256-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230120

**DATE AS OF CHANGE**: 20230120

**EFFECTIVENESS DATE**: 20230120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Matisse Capital
- **CENTRAL INDEX KEY:** 0001668256
- **IRS NUMBER:** 275035231
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17404
- **FILM NUMBER:** 23539571

**BUSINESS ADDRESS:**
- **STREET 1:** 4949 MEADOWS ROAD
- **STREET 2:** SUITE 200
- **CITY:** LAKE OSWEGO
- **STATE:** OR
- **ZIP:** 97035
- **BUSINESS PHONE:** 5032103000

**MAIL ADDRESS:**
- **STREET 1:** 4949 MEADOWS ROAD
- **STREET 2:** SUITE 200
- **CITY:** LAKE OSWEGO
- **STATE:** OR
- **ZIP:** 97035

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Deschutes Portfolio Strategy, LLC
- **DATE OF NAME CHANGE:** 20160229

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Matisse Capital<br>**Address:** 4949 MEADOWS ROAD<br>SUITE 200<br>LAKE OSWEGO, OR 97035

**Form 13F File Number:** 028-17404

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Kiah Seymour<br>**Title:** Compliance Officer<br>**Phone:** 2027509093

**Signature, Place, and Date of Signing:**

Kiah Seymour  Washington, DC  01-20-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 103

**Form 13F Information Table Value Total:** $98235

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| MEXICO EQUITY  INCOME FD | COM | 592834105 |  | 1159 | 132000 | SH |  | SOLE |  | 132000 | 0 | 0 |
| DESTRA MULTI-ALTERNATIVE FD | COMMON SHARES | 25065A502 |  | 1192 | 174461 | SH |  | SOLE |  | 174461 | 0 | 0 |
| FIRST TR ABRDN GBL OPP INCM | COM SHS | 337319107 |  | 1124 | 187356 | SH |  | SOLE |  | 187356 | 0 | 0 |
| NUVEEN MORTGAGE AND INCOME F | COM | 670735109 |  | 1359 | 84000 | SH |  | SOLE |  | 84000 | 0 | 0 |
| EATON VANCE CALIF MUN INCOM | SH BEN INT | 27826F101 |  | 1070 | 107178 | SH |  | SOLE |  | 107178 | 0 | 0 |
| MFS HIGH YIELD MUN TR | SH BEN INT | 59318E102 |  | 1207 | 385623 | SH |  | SOLE |  | 385623 | 0 | 0 |
| SEVEN HILLS REALTY TRUST | COM | 81784E101 |  | 1818 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| NEUBERGER BRMAN CLIFRN MUNI | COM | 64123C101 |  | 813 | 71956 | SH |  | SOLE |  | 71956 | 0 | 0 |
| VIRTUS GLOBAL MULTI-SECTOR I | COM | 92829B101 |  | 1124 | 145000 | SH |  | SOLE |  | 145000 | 0 | 0 |
| MFS INVT GRADE MUN TR | SH BEN INT | 59318B108 |  | 809 | 113651 | SH |  | SOLE |  | 113651 | 0 | 0 |
| WESTERN ASSET MTG DEFINED OP | COM | 95790B109 |  | 1527 | 141813 | SH |  | SOLE |  | 141813 | 0 | 0 |
| NXG NEXTGEN INFRASTR INCM FD | COM | 231647207 |  | 1148 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| GOLDMAN SACHS MLP ENERGY REN | COM | 38148G206 |  | 2326 | 182000 | SH |  | SOLE |  | 182000 | 0 | 0 |
| NEUBERGER BERMAN N Y MUN FD | COM | 64124K102 |  | 481 | 50964 | SH |  | SOLE |  | 50964 | 0 | 0 |
| PIONEER FLOATING RATE FUND I | COM | 72369J102 |  | 1068 | 121814 | SH |  | SOLE |  | 121814 | 0 | 0 |
| HERZFELD CARIBBEAN BASIN FD | COM | 42804T106 |  | 205 | 55656 | SH |  | SOLE |  | 55656 | 0 | 0 |
| VERTICAL CAP INCOME FD | SHS BEN INT | 92535C104 |  | 810 | 93019 | SH |  | SOLE |  | 93019 | 0 | 0 |
| BLACKROCK MUNIYIELD PA QLTY | COM | 09255G107 |  | 1288 | 117000 | SH |  | SOLE |  | 117000 | 0 | 0 |
| BRANDYWINEGBL GBL INCM OPP F | COM | 10537L104 |  | 1141 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| RIVERNORTH MANAGED DUR MUN I | COM | 76882M104 |  | 1026 | 67559 | SH |  | SOLE |  | 67559 | 0 | 0 |
| CLEARBRIDGE MLP AND MIDSTRM | COM | 18469Q207 |  | 1414 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| EUROPEAN EQUITY FD INC | COM | 298768102 |  | 363 | 48342 | SH |  | SOLE |  | 48342 | 0 | 0 |
| PIONEER MUN HIGH INCOME OPPO | COMMON STOCK | 723760104 |  | 1172 | 110000 | SH |  | SOLE |  | 110000 | 0 | 0 |
| EATON VANCE NEW YORK MUN BD | COM | 27827Y109 |  | 1030 | 114287 | SH |  | SOLE |  | 114287 | 0 | 0 |
| NUVEEN OHIO QLTY MUN INCOME | COM | 670980101 |  | 1433 | 112900 | SH |  | SOLE |  | 112900 | 0 | 0 |
| MEXICO FD INC | COM | 592835102 |  | 1327 | 90000 | SH |  | SOLE |  | 90000 | 0 | 0 |
| MORGAN STANLEY EMKT DBT FD I | COM | 61744H105 |  | 766 | 117137 | SH |  | SOLE |  | 117137 | 0 | 0 |
| CENTRAL  EASTERN EUROPE FD | COM | 153436100 |  | 281 | 33995 | SH |  | SOLE |  | 33995 | 0 | 0 |
| BLACKSTONE LONG SHORT CR INC | COM SHS BN INT | 09257D102 |  | 752 | 69365 | SH |  | SOLE |  | 69365 | 0 | 0 |
| APOLLO TACTICAL INCOME FD IN | COM | 037638103 |  | 834 | 68837 | SH |  | SOLE |  | 68837 | 0 | 0 |
| MORGAN STANLEY EMERGING MKTS | COM | 617477104 |  | 1348 | 306290 | SH |  | SOLE |  | 306290 | 0 | 0 |
| NUVEEN CORE PLUS IMPACT FUND | COM BEN INT | 67080D103 |  | 1347 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| CLEARBRIDGE MLP AND MIDSTRM | COM | 184692200 |  | 1935 | 58000 | SH |  | SOLE |  | 58000 | 0 | 0 |
| MORGAN STANLEY CHINA A SH FD | COM | 617468103 |  | 1345 | 94700 | SH |  | SOLE |  | 94700 | 0 | 0 |
| FRANKLIN LTD DURATION INCOME | COM | 35472T101 |  | 992 | 159668 | SH |  | SOLE |  | 159668 | 0 | 0 |
| FEDERATED HERMES PREM MUNI I | COM | 31423P108 |  | 468 | 44588 | SH |  | SOLE |  | 44588 | 0 | 0 |
| PIMCO ENERGY  TACTICAL CR O | COM SHS BEN INT | 69346N107 |  | 2420 | 162000 | SH |  | SOLE |  | 162000 | 0 | 0 |
| NEXPOINT DIVERSIFIED REL ET | COM NEW | 65340G205 |  | 1402 | 125100 | SH |  | SOLE |  | 125100 | 0 | 0 |
| WESTERN ASSET MUN PARTNERS F | COM | 95766P108 |  | 366 | 31435 | SH |  | SOLE |  | 31435 | 0 | 0 |
| ANGEL OAK FINL STRATEGIES IN | COM BEN INT | 03464A100 |  | 1025 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| DELAWARE IVY HIGH INCOME OPP | COM | 246107106 |  | 555 | 50659 | SH |  | SOLE |  | 50659 | 0 | 0 |
| BLACKROCK N Y MUN INCOME TRU | SH BEN INT | 09248L106 |  | 752 | 74719 | SH |  | SOLE |  | 74719 | 0 | 0 |
| FIRST TR SR FLTG RATE INCOME | COM | 33733U108 |  | 708 | 74274 | SH |  | SOLE |  | 74274 | 0 | 0 |
| NUVEEN MASSACHUSETS QLT MUN | COM | 67061E104 |  | 277 | 26207 | SH |  | SOLE |  | 26207 | 0 | 0 |
| WESTERN ASSET EMERGING MKTS | COM | 95766A101 |  | 1473 | 161700 | SH |  | SOLE |  | 161700 | 0 | 0 |
| ARES DYNAMIC CR ALLOCATION F | COM | 04014F102 |  | 697 | 60105 | SH |  | SOLE |  | 60105 | 0 | 0 |
| INVESCO PA VALUE MUN INC TR | COM | 46132K109 |  | 593 | 60552 | SH |  | SOLE |  | 60552 | 0 | 0 |
| ABRDN ASIA PACIFIC INCOME FU | COM | 003009107 |  | 1513 | 575420 | SH |  | SOLE |  | 575420 | 0 | 0 |
| NEUBERGER BERMAN NEXT GENERA | COMMON STOCK | 64133Q108 |  | 1455 | 160000 | SH |  | SOLE |  | 160000 | 0 | 0 |
| WESTERN ASSET DIVERSIFIED IN | COM SHS BEN INT | 95790K109 |  | 1397 | 110000 | SH |  | SOLE |  | 110000 | 0 | 0 |
| DWS STRATEGIC MUN INCOME TR | COM | 23342Q101 |  | 186 | 22808 | SH |  | SOLE |  | 22808 | 0 | 0 |
| TORTOISE ENERGY INFRA CORP | COM | 89147L886 |  | 731 | 23024 | SH |  | SOLE |  | 23024 | 0 | 0 |
| HIGHLAND INCOME FD | HIGHLAND INCOME | 43010E404 |  | 1391 | 135000 | SH |  | SOLE |  | 135000 | 0 | 0 |
| INVESCO TR INVT GRADE NEW YO | COM | 46131T101 |  | 362 | 35794 | SH |  | SOLE |  | 35794 | 0 | 0 |
| WESTERN AST INFL LKD OPP  I | COM | 95766R104 |  | 1009 | 110500 | SH |  | SOLE |  | 110500 | 0 | 0 |
| BNY MELLON MUN INCOME INC | COM | 05589T104 |  | 234 | 37322 | SH |  | SOLE |  | 37322 | 0 | 0 |
| KKR INCOME OPPORTUNITIES FD | COM | 48249T106 |  | 379 | 34381 | SH |  | SOLE |  | 34381 | 0 | 0 |
| MAINSTAY CBRE GBL INFRSTR ME | COM | 56064Q107 |  | 1151 | 84300 | SH |  | SOLE |  | 84300 | 0 | 0 |
| TAIWAN FD INC | COM | 874036106 |  | 262 | 11366 | SH |  | SOLE |  | 11366 | 0 | 0 |
| HIGHLAND GLOBAL ALLOCATION F | COM | 43010T104 |  | 295 | 31288 | SH |  | SOLE |  | 31288 | 0 | 0 |
| BLACKROCK MUNIHLDGS NJ QLTY | COM | 09254X101 |  | 794 | 71765 | SH |  | SOLE |  | 71765 | 0 | 0 |
| NEW AMER HIGH INCOME FD INC | COM NEW | 641876800 |  | 201 | 30516 | SH |  | SOLE |  | 30516 | 0 | 0 |
| FIRST TR HIGH YIELD OPPRT 20 | COM | 33741Q107 |  | 621 | 46036 | SH |  | SOLE |  | 46036 | 0 | 0 |
| NUVEEN SHORT DURATION CR OPP | COM | 67074X107 |  | 144 | 12135 | SH |  | SOLE |  | 12135 | 0 | 0 |
| ECOFIN SUSTAINABLE AND SOCIA | COM SH BEN INT | 27901F109 |  | 204 | 15876 | SH |  | SOLE |  | 15876 | 0 | 0 |
| ASA GOLD AND PRECIOUS MTLS L | SHS | G3156P103 |  | 289 | 20200 | SH |  | SOLE |  | 20200 | 0 | 0 |
| BLACKROCK SCIENCE  TECHNOLO | SHS BEN INT | 09260K101 |  | 1251 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| BLACKROCK ESG CAP ALLC TR | SHS BEN INT | 09262F100 |  | 1343 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| NUVEEN PENNSYLVANIA QLT MUN | COM | 670972108 |  | 386 | 34675 | SH |  | SOLE |  | 34675 | 0 | 0 |
| PIONEER HIGH INCOME FUND INC | COM | 72369H106 |  | 176 | 27064 | SH |  | SOLE |  | 27064 | 0 | 0 |
| KAYNE ANDERSON NEXTGEN ENRGY | COM | 48661E108 |  | 325 | 43219 | SH |  | SOLE |  | 43219 | 0 | 0 |
| BLACKROCK INNOVATION AND GRW | SHS BEN INT | 09260Q108 |  | 1430 | 210000 | SH |  | SOLE |  | 210000 | 0 | 0 |
| BLACKROCK MUNIYIELD N Y QUAL | COM | 09255E102 |  | 324 | 33064 | SH |  | SOLE |  | 33064 | 0 | 0 |
| BLACKROCK MUNIHLDNGS CALI QL | COM | 09254L107 |  | 844 | 78600 | SH |  | SOLE |  | 78600 | 0 | 0 |
| BLACKROCK HEALTH SCIENCS TR | COM SHS | 09260E105 |  | 1265 | 82000 | SH |  | SOLE |  | 82000 | 0 | 0 |
| EATON VANCE CALIF MUN BD FD | COM | 27828A100 |  | 157 | 18170 | SH |  | SOLE |  | 18170 | 0 | 0 |
| BLACKROCK MUNIYIELD MICH QU | COM | 09254V105 |  | 240 | 21623 | SH |  | SOLE |  | 21623 | 0 | 0 |
| APOLLO SR FLOATING RATE FD I | COM | 037636107 |  | 133 | 10778 | SH |  | SOLE |  | 10778 | 0 | 0 |
| BLACKROCK CAP ALLOCATION TR | COM | 09260U109 |  | 910 | 65640 | SH |  | SOLE |  | 65640 | 0 | 0 |
| PGIM HIGH YIELD BOND FUND IN | COM | 69346H100 |  | 236 | 19878 | SH |  | SOLE |  | 19878 | 0 | 0 |
| A-MARK PRECIOUS METALS INC | COM | 00181T107 |  | 451 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| BARINGS GLOBAL SHORT DURATIO | COM | 06760L100 |  | 139 | 10988 | SH |  | SOLE |  | 10988 | 0 | 0 |
| INVESCO CALIF VALUE MUN INCO | COM | 46132H106 |  | 247 | 26088 | SH |  | SOLE |  | 26088 | 0 | 0 |
| BNY MELLON STRATEGIC MUN BD | COM | 09662E109 |  | 153 | 26474 | SH |  | SOLE |  | 26474 | 0 | 0 |
| ASCENDIS PHARMA A/S | SPONSORED ADR | 04351P101 |  | 3727 | 30520 | SH |  | SOLE |  | 30520 | 0 | 0 |
| PIONEER MUNICIPAL HIGH INCOM | COM SHS | 723763108 |  | 98 | 11368 | SH |  | SOLE |  | 11368 | 0 | 0 |
| NEUBERGER BERMAN MLP  ENERG | COM | 64129H104 |  | 152 | 22800 | SH |  | SOLE |  | 22800 | 0 | 0 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 7109 | 142171 | SH |  | SOLE |  | 142171 | 0 | 0 |
| SHOCKWAVE MED INC | COM | 82489T104 |  | 2071 | 10071 | SH |  | SOLE |  | 10071 | 0 | 0 |
| GERON CORP | COM | 374163103 |  | 266 | 110000 | SH |  | SOLE |  | 110000 | 0 | 0 |
| VERASTEM INC | COM | 92337C104 |  | 14 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| SIENTRA INC | COM | 82621J105 |  | 3 | 15818 | SH |  | SOLE |  | 15818 | 0 | 0 |
| WAVE LIFE SCIENCES LTD | SHS | Y95308105 |  | 85 | 12213 | SH |  | SOLE |  | 12213 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 449 | 97394 | SH |  | SOLE |  | 97394 | 0 | 0 |
| ENERGY FUELS INC | COM NEW | 292671708 |  | 101 | 16248 | SH |  | SOLE |  | 16248 | 0 | 0 |
| FS CREDIT OPPORTUNITIES CORP | COMMON STOCK | 30290Y101 |  | 72 | 15382 | SH |  | SOLE |  | 15382 | 0 | 0 |
| NOVAGOLD RES INC | COM NEW | 66987E206 |  | 60 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 730 | 16738 | SH |  | SOLE |  | 16738 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 301 | 11400 | SH |  | SOLE |  | 11400 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 4001 | 16685 | SH |  | SOLE |  | 16685 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 4363 | 33582 | SH |  | SOLE |  | 33582 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 932 | 10560 | SH |  | SOLE |  | 10560 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 1303 | 15511 | SH |  | SOLE |  | 15511 | 0 | 0 |

---