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MSL

Mackay Shields LLC Portfolio holdings

AUM $2.73B
1-Year Est. Return 2.13%
This Fund
S&P 500
This Quarter Est. Return
+1.33%
1 Year Est. Return
+2.13%
3 Year Est. Return
+7.81%
5 Year Est. Return
+19%
10 Year Est. Return
+113.23%
AUM
$3.61B
AUM Growth
+$180M
Cap. Flow
-$2.45B
Cap. Flow %
-67.9%
Top 10 Hldgs %
24.7%
Holding
142
New
5
Increased
15
Reduced
8
Closed
2

Top Buys

Rank Stock Value
1
NZF icon
Nuveen Municipal Credit Income Fund
NZF
+$13.7M
2
ARCC icon
Ares Capital
ARCC
+$12.4M
3
VOD icon
Vodafone
VOD
+$10.1M
4
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$9.83M
5
MHD icon
BlackRock MuniHoldings Fund
MHD
+$8.1M

Top Sells

Rank Stock Value
1
GPOR icon
Gulfport Energy Corp
GPOR
+$33.4M
2
AESC
The AES Corporation
AESC
+$28.5M
3
CWB icon
State Street SPDR Bloomberg Convertible Securities ETF
CWB
+$4.75M
4
GTLS.PRB
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
+$3.82M
5
FET icon
Forum Energy Technologies
FET
+$150K

Sector Composition

Rank Sector Weight
1 Energy 6.15%
2 Healthcare 1.04%
3 Financials 0.35%
4 Communication Services 0.29%
5 Utilities 0.03%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NRK icon
26
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$898M
$8.55M 0.24%
786,331
+224,573
+40% +$2.41M
MIY icon
27
BlackRock MuniYield Michigan Quality Fund
MIY
$354M
$7.65M 0.21%
664,819
– –
MVF
28
DELISTED
BlackRock MuniVest Fund
MVF
$7.21M 0.2%
1,021,622
+977,197
+2,200% +$6.84M
MHI
29
DELISTED
Pioneer Municipal High Income Fund
MHI
$6.82M 0.19%
771,885
+410,998
+114% +$3.57M
MAV
30
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
$6.13M 0.17%
752,356
+234,737
+45% +$1.89M
NAC icon
31
Nuveen California Quality Municipal Income Fund
NAC
$1.83B
$4.88M 0.14%
+442,529
New +$4.87M
MQY icon
32
BlackRock MuniYield Quality Fund
MQY
$809M
$4.38M 0.12%
357,837
– –
MYD
33
DELISTED
BlackRock MuniYield Fund
MYD
$4.23M 0.12%
382,105
+363,605
+1,965% +$3.96M
VFL
34
DELISTED
abrdn National Municipal Income Fund
VFL
$4.16M 0.12%
401,695
– –
ENX
35
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
$4.14M 0.11%
426,471
– –
NAD icon
36
Nuveen Quality Municipal Income Fund
NAD
$2.72B
$4.08M 0.11%
+356,454
New +$4.03M
EIM
37
Eaton Vance Municipal Bond Fund
EIM
$493M
$3.66M 0.1%
+353,219
New +$3.61M
BFK
38
DELISTED
BlackRock Municipal Income Trust
BFK
$3.37M 0.09%
326,226
+304,095
+1,374% +$3.11M
NQP
39
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
$2.76M 0.08%
233,310
– –
MFM
40
Aberdeen Municipal Income Fund
MFM
$222M
$1.79M 0.05%
333,155
– –
KTF
41
DWS Municipal Income Trust
KTF
$347M
$1.59M 0.04%
176,016
– –
BLE
42
DELISTED
BlackRock Municipal Income Trust II
BLE
$1.49M 0.04%
137,056
+107,401
+362% +$1.15M
MUC icon
43
BlackRock MuniHoldings California Quality Fund
MUC
$1B
$1.45M 0.04%
131,593
+91,217
+226% +$1.01M
VST icon
44
Vistra
VST
$56.7B
$969K 0.03%
13,918
– –
BNY
45
DELISTED
BlackRock New York Municipal Income Trust
BNY
$837K 0.02%
78,984
– –
VPV icon
46
Invesco Pennsylvania Value Municipal Income Trust
VPV
$194M
$620K 0.02%
60,475
– –
NINE
47
DELISTED
Nine Energy Service
NINE
$405K 0.01%
181,474
-44,097
-20% -$101K
BYM
48
DELISTED
BlackRock Municipal Income Quality Trust
BYM
$377K 0.01%
32,501
+6,891
+27% +$78.4K
CWB icon
49
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.65B
– –
-65,864
Closed -$4.75M
AESC
50
DELISTED
The AES Corporation
AESC
– –
-375,335
Closed -$28.5M
1
2

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Mackay Shields LLC's Q1 2024 Portfolio in Review

As of Q1 2024, Mackay Shields LLC held 142 positions worth $3.61B, up 5.3% from $3.43B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Mackay Shields LLC withdrew a net $2.45B in Q1 2024, closing 2 positions and reducing 8 holdings. Its most notable exit was The AES Corporation, an estimated $28.5M position sold in full.

By sector, the portfolio is most concentrated in Energy at 6.1% of assets, down from 6.9% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Mackay Shields LLC opened a new position in Ares Capital worth $12.7M.

  • Mackay Shields LLC's largest Q1 2024 buy was Ares Capital: 610,224 shares worth $12.7M.
  • Mackay Shields LLC added most to Nuveen Municipal Credit Income Fund in Q1 2024, an estimated $13.7M increase.
  • Mackay Shields LLC's biggest Q1 2024 reduction was Gulfport Energy Corp, cutting an estimated $33.4M.
  • Mackay Shields LLC fully exited The AES Corporation in Q1 2024, selling an estimated $28.5M.
  • Mackay Shields LLC's ten largest holdings make up 25% of its $3.61B portfolio in Q1 2024.
  • Mackay Shields LLC opened 5 new positions and closed 2 in Q1 2024.
  • Mackay Shields LLC's portfolio value rose 5.3% quarter-over-quarter to $3.61B.

Based on Mackay Shields LLC's 13F filing for Q1 2024, filed 3 May 2024.