We are live on ! Find out more
MGAM

McGowan Group Asset Management Portfolio holdings

AUM $785M
1-Year Est. Return 15.71%
This Fund
S&P 500
This Quarter Est. Return
+4.49%
1 Year Est. Return
+15.71%
3 Year Est. Return
+51.88%
5 Year Est. Return
+54.33%
10 Year Est. Return
+77.22%
AUM
$561M
AUM Growth
+$40.4M
Cap. Flow
-$368M
Cap. Flow %
-65.62%
Top 10 Hldgs %
53.9%
Holding
106
New
3
Increased
15
Reduced
26
Closed
2

Top Buys

Rank Stock Value
1
BTZ icon
BlackRock Credit Allocation Income Trust
BTZ
+$9.7M
2
RNP icon
Cohen & Steers REIT and Preferred and Income Fund
RNP
+$6.43M
3
FAX
abrdn Asia-Pacific Income Fund
FAX
+$6.05M
4
JPS
Nuveen Preferred & Income Securities Fund
JPS
+$5.55M
5
GMLP
Golar LNG Partners LP
GMLP
+$4.07M

Top Sells

Rank Stock Value
1
DSL
DoubleLine Income Solutions Fund
DSL
+$278M
2
JTP
NUVEEN QUALITY PFD INCOME FD
JTP
+$5.46M
3
ALDW
Alon USA Partners LP
ALDW
+$5.18M
4
FPF
First Trust Intermediate Duration Preferred & Income Fund
FPF
+$4.07M
5
DFP
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
+$3.96M

Sector Composition

Rank Sector Weight
1 Financials 5.47%
2 Real Estate 3.36%
3 Industrials 2.51%
4 Technology 0.71%
5 Healthcare 0.54%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
JTP
51
DELISTED
NUVEEN QUALITY PFD INCOME FD
JTP
– –
-655,856
Closed -$5.46M
ALDW
52
DELISTED
Alon USA Partners LP
ALDW
– –
-393,873
Closed -$5.18M
1 2
3

Similar funds

LSPW
Lake Street Private Wealth Chicago, Illinois $785M AUM 21.47% 1-Year Est. Return
JSL
JT Stratford LLC Gainesville, Georgia $786M AUM 27.45% 1-Year Est. Return
GA
GFS Advisors Houston, Texas $785M AUM 27.95% 1-Year Est. Return
NEAM
New England Asset Management Farmington, Connecticut $786M AUM 13.14% 1-Year Est. Return
GCM
Greenland Capital Management New York $787M AUM 40.68% 1-Year Est. Return
NCM
Nellore Capital Management Redwood City, California $783M AUM 2.58% 1-Year Est. Return
SBCM
Schwerin Boyle Capital Management Springfield, Massachusetts $788M AUM 13.82% 1-Year Est. Return
SWIG
Strategic Wealth Investment Group Louisville, Kentucky $788M AUM 14.6% 1-Year Est. Return

McGowan Group Asset Management's Q2 2016 Portfolio in Review

As of Q2 2016, McGowan Group Asset Management held 106 positions worth $561M, up 7.8% from $520M the previous quarter. Its ten largest holdings account for 54% of the portfolio.

McGowan Group Asset Management withdrew a net $368M in Q2 2016, closing 2 positions and reducing 26 holdings. Its most notable exit was NUVEEN QUALITY PFD INCOME FD, an estimated $5.46M position sold in full.

By sector, the portfolio is most concentrated in Financials at 5.5% of assets, down from 6.2% a quarter earlier, followed by Real Estate and Industrials.

Against the trend, McGowan Group Asset Management opened a new position in Nuveen Preferred & Income Securities Fund worth $5.64M.

  • McGowan Group Asset Management's largest Q2 2016 buy was Nuveen Preferred & Income Securities Fund: 609,362 shares worth $5.64M.
  • McGowan Group Asset Management added most to BlackRock Credit Allocation Income Trust in Q2 2016, an estimated $9.7M increase.
  • McGowan Group Asset Management's biggest Q2 2016 reduction was DoubleLine Income Solutions Fund, cutting an estimated $278M.
  • McGowan Group Asset Management fully exited NUVEEN QUALITY PFD INCOME FD in Q2 2016, selling an estimated $5.46M.
  • McGowan Group Asset Management's ten largest holdings make up 54% of its $561M portfolio in Q2 2016.
  • McGowan Group Asset Management opened 3 new positions and closed 2 in Q2 2016.
  • McGowan Group Asset Management's portfolio value rose 7.8% quarter-over-quarter to $561M.

Based on McGowan Group Asset Management's 13F filing for Q2 2016, filed 15 Aug 2016.