We are live on ! Find out more
AIA

Absolute Investment Advisers Portfolio holdings

AUM $1.03B
1-Year Est. Return 1%
This Fund
S&P 500
This Quarter Est. Return
+0.5%
1 Year Est. Return
-1%
3 Year Est. Return
+0.22%
5 Year Est. Return
+0.2%
10 Year Est. Return
–
AUM
$732M
AUM Growth
+$58.3M
Cap. Flow
+$18.1M
Cap. Flow %
2.48%
Top 10 Hldgs %
22.22%
Holding
146
New
31
Increased
22
Reduced
24
Closed
25

Top Buys

Rank Stock Value
1
MUI
BlackRock Municipal Income Fund, Inc.
MUI
+$6.23M
2
HIE
Miller/Howard High Income Equity Fund
HIE
+$6.1M
3
GGT
Gabelli Multimedia Trust
GGT
+$4.52M
4
ACP
abrdn Income Credit Strategies Fund
ACP
+$4.29M
5
FMN
Federated Hermes Premier Municipal Income Fund
FMN
+$2.43M

Top Sells

Rank Stock Value
1
FSD
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
+$10.2M
2
NMAI icon
Nuveen Multi-Asset Income Fund
NMAI
+$3.71M
3
BCAT icon
BlackRock Capital Allocation Term Trust
BCAT
+$3.09M
4
EIM
Eaton Vance Municipal Bond Fund
EIM
+$2.08M
5
FAM
First Trust/abrdn Global Opportunity Income Fund
FAM
+$1.64M

Sector Composition

Rank Sector Weight
1 Financials 0.15%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VMO icon
26
Invesco Municipal Opportunity Trust
VMO
$664M
$603K 0.08%
58,700
– –
VKQ icon
27
Invesco Municipal Trust
VKQ
$550M
$602K 0.08%
58,700
– –
IGI
28
Western Asset Investment Grade Defined Opportunity Trust
IGI
$94.8M
$549K 0.07%
+30,494
New +$537K
RSF
29
RiverNorth Capital and Income Fund
RSF
$58.8M
$541K 0.07%
35,414
-8,978
-20% -$136K
GRX
30
Gabelli Healthcare & Wellness Trust
GRX
$146M
$490K 0.07%
+44,747
New +$471K
IHTA
31
DELISTED
Invesco High Income 2024 Target Term Fund
IHTA
$480K 0.07%
+63,178
New +$470K
BSTZ icon
32
BlackRock Science and Technology Term Trust
BSTZ
$2.05B
$464K 0.06%
24,187
+12,344
+104% +$236K
TEAF
33
DELISTED
Ecofin Sustainable & Social Impact Term Fund
TEAF
$450K 0.06%
34,494
+2,722
+9% +$33.5K
BFZ
34
DELISTED
BlackRock CA Municipal Income Trust
BFZ
$418K 0.06%
34,536
– –
NDP
35
DELISTED
TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP
$336K 0.05%
+8,929
New +$329K
NAN icon
36
Nuveen New York Quality Municipal Income Fund
NAN
$372M
$318K 0.04%
+27,000
New +$310K
AOD
37
abrdn Total Dynamic Dividend Fund
AOD
$1.13B
$315K 0.04%
+34,600
New +$301K
TTP
38
DELISTED
TORTOISE PIPELINE & ENERGY FUND, INC.
TTP
$282K 0.04%
+6,671
New +$261K
GNT
39
GAMCO Natural Resources, Gold & Income Trust
GNT
$145M
$252K 0.03%
+43,011
New +$245K
RMMZ
40
RiverNorth Managed Duration Municipal Income Fund II
RMMZ
$125M
$211K 0.03%
12,877
– –
EVM
41
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
$207K 0.03%
21,432
-21,467
-50% -$207K
DCF
42
DELISTED
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc.
DCF
$171K 0.02%
+18,635
New +$168K
GUT.RT
43
DELISTED
The Gabelli Utility Trust Rights (expiring October 21, 2024)
GUT.RT
$96.3K 0.01%
+3,500,400
New +$96.6K
AVK.RT
44
DELISTED
Advent Convertible and Income Fund Rights
AVK.RT
$12.2K ﹤0.01%
+615,360
New +$34.8K
ASGI
45
abrdn Global Infrastructure Income Fund
ASGI
$758M
– –
-49,418
Closed -$904K
BCAT icon
46
BlackRock Capital Allocation Term Trust
BCAT
$1.68B
– –
-188,485
Closed -$3.09M
BRW
47
Saba Capital Income & Opportunities Fund
BRW
$339M
– –
-124,070
Closed -$873K
ECAT icon
48
BlackRock ESG Capital Allocation Term Trust
ECAT
$1.56B
– –
-35,940
Closed -$630K
EIM
49
Eaton Vance Municipal Bond Fund
EIM
$498M
– –
-196,277
Closed -$2.08M
FTF
50
Franklin Limited Duration Income Trust
FTF
$233M
– –
-13,901
Closed -$88.1K
1
2
3

Similar funds

CM
Condire Management Dallas, Texas $1.03B AUM 162.78% 1-Year Est. Return
CFFNO
Common Fund For Nonprofit Organizations Wilton, Connecticut $1.03B AUM 22.44% 1-Year Est. Return
TBA
Tower Bridge Advisors Conshohocken, Pennsylvania $1.04B AUM 23.66% 1-Year Est. Return
MSIIA
Morgan Stanley Institutional Investment Advisors Greenwood Village, Colorado $1.04B AUM 22.76% 1-Year Est. Return
OPFM
Optimus Prime Fund Management Grand Cayman, Cayman Islands $1.04B AUM 9.64% 1-Year Est. Return
JSC
J. Stern & Co London, United Kingdom $1.03B AUM 20.71% 1-Year Est. Return
RC
RDST Capital Seattle, Washington $1.04B AUM 0.4% 1-Year Est. Return
SM
Scoggin Management New York $1.04B AUM 232.32% 1-Year Est. Return

Absolute Investment Advisers's Q3 2024 Portfolio in Review

As of Q3 2024, Absolute Investment Advisers held 146 positions worth $732M, up 8.6% from $674M the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Absolute Investment Advisers's Q3 2024 filing shows 31 new, 22 increased, 24 reduced and 25 closed positions. Its largest new stake was BlackRock Municipal Income Fund, Inc.: 502,500 shares worth $6.32M. The largest sale was FIRST TRUST HIGH INCOME LONG/SHORT FUND, an estimated $10.2M.

By sector, the portfolio is most concentrated in Financials at 0.15% of assets, up from 0.12% a quarter earlier.

  • Absolute Investment Advisers's largest Q3 2024 buy was BlackRock Municipal Income Fund, Inc.: 502,500 shares worth $6.32M.
  • Absolute Investment Advisers added most to Virtus Total Return Fund in Q3 2024, an estimated $986K increase.
  • Absolute Investment Advisers's biggest Q3 2024 reduction was BlackRock Technology and Private Equity Term Trust, cutting an estimated $588K.
  • Absolute Investment Advisers fully exited FIRST TRUST HIGH INCOME LONG/SHORT FUND in Q3 2024, selling an estimated $10.2M.
  • Absolute Investment Advisers's ten largest holdings make up 22% of its $732M portfolio in Q3 2024.
  • Absolute Investment Advisers opened 31 new positions and closed 25 in Q3 2024.
  • Absolute Investment Advisers's portfolio value rose 8.6% quarter-over-quarter to $732M.

Based on Absolute Investment Advisers's 13F filing for Q3 2024, filed 24 Oct 2024.