ACM

Aviance Capital Management Portfolio holdings

AUM $668M

2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2

This Quarter Return

-0.42%

1 Year Return

+6.48%

3 Year Return

+21.99%

5 Year Return

+29.93%

10 Year Return

–

AUM

$182M

AUM Growth

–

Cap. Flow

+$182M

Cap. Flow % of AUM

100%

Top 10 Holdings % Top 10 Hldgs %

27.15%

Holding

227

New

227

Increased

–

Reduced

–

Closed

–

Top Buys

1	MINC AdvisorShares Newfleet Multi-Sector Income ETF MINC	$6.9M
2	Alerian MLP ETF AMLP	$6.14M
3	SPDR Bloomberg High Yield Bond ETF JNK	$5.83M
4	iShares iBoxx $ Investment Grade Corporate Bond ETF LQD	$5.74M
5	AWF AllianceBernstein Global High Income Fund AWF	$5.71M

Top Sells

No sells this quarter

Sector Composition

1	Energy	8.7%
2	Communication Services	8.53%
3	Healthcare	7.25%
4	Industrials	6.99%
5	Technology	6.87%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
201	201 Methanex MEOH $2.75B	$81K	0.04%	+1,892	New	+$81K
202	202 The Mosaic Company MOS $10.6B	$81K	0.04%	+1,497	New	+$81K
203	SAUC 203 DELISTED Diversified Restaurant Holdings, Inc. Common stock SAUC	$80K	0.04%	+10,000	New	+$80K
204	JOY 204 DELISTED Joy Global Inc JOY	$80K	0.04%	+1,650	New	+$80K
205	205 Financial Select Sector SPDR Fund XLF $54.1B	$77K	0.04%	+3,968	New	+$77K
206	206 Energy Select Sector SPDR Fund XLE $27.6B	$74K	0.04%	+940	New	+$74K
207	207 Enterprise Products Partners EPD $69.6B	$73K	0.04%	+1,182	New	+$73K
208	208 Salesforce CRM $245B	$72K	0.04%	+1,887	New	+$72K
209	209 Trinity Industries TRN $2.3B	$71K	0.04%	+1,859	New	+$71K
210	210 Halliburton HAL $19.4B	$68K	0.04%	+1,620	New	+$68K
211	211 First Solar FSLR $20.9B	$67K	0.04%	+1,489	New	+$67K
212	212 Gilead Sciences GILD $140B	$63K	0.03%	+1,232	New	+$63K
213	213 PLDT PHI $4.42B	$63K	0.03%	+932	New	+$63K
214	214 Healthcare Realty HR $6.11B	$56K	0.03%	+5,000	New	+$56K
215	215 TripAdvisor TRIP $2.02B	$55K	0.03%	+896	New	+$55K
216	216 Blackstone BX $134B	$54K	0.03%	+2,559	New	+$54K
217	217 Phillips 66 PSX $54B	$54K	0.03%	+912	New	+$54K
218	218 Las Vegas Sands LVS $39.6B	$52K	0.03%	+983	New	+$52K
219	219 Alphabet (Google) Class C GOOG $2.58T	$49K	0.03%	+56	New	+$49K
220	220 ProShares UltraShort Yen YCS $32.6M	$46K	0.03%	+722	New	+$46K
221	ESRX 221 DELISTED Express Scripts Holding Company ESRX	$41K	0.02%	+672	New	+$41K
222	COY 222 DELISTED BLACKROCK CORP HIGH YLD FD INC COY	$39K	0.02%	+5,361	New	+$39K
223	223 Polaris PII $3.18B	$32K	0.02%	+338	New	+$32K
224	224 IBM IBM $227B	$29K	0.02%	+152	New	+$29K
225	SCG 225 DELISTED Scana SCG	$27K	0.01%	+542	New	+$27K