Global Endowment Management’s Invesco Trust Investment Grade Municipals VGM Stock Holding History

Global Endowment Management’s Portfolio VGM Stock Details VGM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-102,000	Closed	-$1.29M	–	246
2015 Q2	$1.29M	Sell	102,000 -27,950	-22%	-$366K	0.18%	141
2015 Q1	$1.75M	Hold	129,950	–	–	0.27%	109
2014 Q4	$1.73M	Hold	129,950	–	–	0.29%	108
2014 Q3	$1.7M	Sell	129,950 -54,000	-29%	-$698K	0.26%	114
2014 Q2	$2.4M	Hold	183,950	–	–	0.36%	93
2014 Q1	$2.35M	Hold	183,950	–	–	0.37%	101
2013 Q4	$2.24M	Buy	183,950 +143,200	+351%	+$1.73M	0.45%	72
2013 Q3	$508K	Buy	+40,750	New	+$502K	0.13%	137

Other funds holding VGM

KIM

Karpus Investment Management Pittsford, New York $3.48B AUM 10.49% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $15.9B AUM 53.4% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

PPA

Parametric Portfolio Associates Seattle, Washington $190B AUM 18.52% 1-Year Est. Return

SIA

Sit Investment Associates Minneapolis, Minnesota $5.28B AUM 14.42% 1-Year Est. Return

NVIM

New Vernon Investment Management Highland Park, Illinois $81.7M AUM 8.29% 1-Year Est. Return

SCA

Samson Capital Advisors New York $228M AUM 0.84% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.56B AUM 35.09% 1-Year Est. Return

Baird Financial Group Milwaukee, Wisconsin $72.7B AUM 26.4% 1-Year Est. Return

Global Endowment Management's VGM Position: Q3 2015 in Review

Global Endowment Management sold out of Invesco Trust Investment Grade Municipals (VGM) in Q3 2015, closing a stake of 102,000 shares — an estimated $1.29M sold.

Global Endowment Management first reported a position in VGM in Q3 2013 and held it in 8 quarters. The position peaked at $2.4M in Q2 2014. 72 funds tracked by Wall St. Rank hold VGM as of Q3 2015.

Global Endowment Management reported no remaining Invesco Trust Investment Grade Municipals position as of Q3 2015 after selling out during the quarter.
Global Endowment Management sold 102,000 Invesco Trust Investment Grade Municipals shares in Q3 2015, an estimated $1.29M.
Global Endowment Management first reported a position in Invesco Trust Investment Grade Municipals in Q3 2013 and held it in 8 quarters.
Global Endowment Management's Invesco Trust Investment Grade Municipals position peaked at $2.4M in Q2 2014.
72 funds tracked by Wall St. Rank held Invesco Trust Investment Grade Municipals as of Q3 2015.

Based on Global Endowment Management's 13F filing for Q3 2015, filed 9 Nov 2015.