Ashford Capital Management’s Managed Duration Inv Grd Muni Fd MZF Stock Holding History

Ashford Capital Management’s Portfolio MZF Stock Details MZF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-118,688	Closed	-$1.64M	–	110
2017 Q3	$1.64M	Sell	118,688 -4,171	-3%	-$57.9K	0.26%	56
2017 Q2	$1.7M	Sell	122,859 -6,382	-5%	-$86.9K	0.3%	54
2017 Q1	$1.71M	Buy	129,241 +721	+0.6%	+$9.58K	0.33%	56
2016 Q4	$1.69M	Sell	128,520 -59,051	-31%	-$798K	0.34%	56
2016 Q3	$2.69M	Sell	187,571 -589	-0.3%	-$8.56K	0.55%	50
2016 Q2	$2.77M	Sell	188,160 -22,699	-11%	-$325K	0.62%	48
2016 Q1	$2.94M	Sell	210,859 -55,251	-21%	-$766K	0.7%	46
2015 Q4	$3.66M	Buy	266,110 +28,843	+12%	+$386K	0.86%	36
2015 Q3	$3.16M	Buy	237,267 +39,209	+20%	+$530K	0.74%	44
2015 Q2	$2.62M	Sell	198,058 -95,860	-33%	-$1.27M	0.58%	51
2015 Q1	$3.99M	Sell	293,918 -37,671	-11%	-$515K	0.81%	47
2014 Q4	$4.48M	Sell	331,589 -68,020	-17%	-$921K	0.89%	45
2014 Q3	$5.35M	Buy	399,609 +76,070	+24%	+$1.03M	1.15%	35
2014 Q2	$4.47M	Buy	+323,539	New	+$4.33M	0.9%	42

Other funds holding MZF

KIM

Karpus Investment Management Pittsford, New York $3.21B AUM 6.83% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.66% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

SIA

Sit Investment Associates Minneapolis, Minnesota $4.93B AUM 12.22% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

NWAM LLC Mercer Island, Washington $1.74B AUM 32.48% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Ashford Capital Management's MZF Position: Q4 2017 in Review

Ashford Capital Management sold out of Managed Duration Inv Grd Muni Fd (MZF) in Q4 2017, closing a stake of 118,688 shares — an estimated $1.64M sold.

Ashford Capital Management first reported a position in MZF in Q2 2014 and held it in 14 quarters. The position peaked at $5.35M in Q3 2014. 25 funds tracked by Wall St. Rank hold MZF as of Q4 2017.

Ashford Capital Management reported no remaining Managed Duration Inv Grd Muni Fd position as of Q4 2017 after selling out during the quarter.
Ashford Capital Management sold 118,688 Managed Duration Inv Grd Muni Fd shares in Q4 2017, an estimated $1.64M.
Ashford Capital Management first reported a position in Managed Duration Inv Grd Muni Fd in Q2 2014 and held it in 14 quarters.
Ashford Capital Management's Managed Duration Inv Grd Muni Fd position peaked at $5.35M in Q3 2014.
25 funds tracked by Wall St. Rank held Managed Duration Inv Grd Muni Fd as of Q4 2017.

Based on Ashford Capital Management's 13F filing for Q4 2017, filed 15 Feb 2018.