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MGAM
McGowan Group Asset Management Portfolio holdings
AUM
$785M
1-Year Est. Return
15.71%
This Fund
S&P 500
This Quarter
Est. Return
+0.64%
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
$637M
AUM Growth
+$10.6M
(+1.7%)
Cap. Flow
-$35.8M
Cap. Flow
% of AUM
-5.61%
Top 10 Holdings %
Top 10 Hldgs %
57.13%
Holding
107
New
3
Increased
35
Reduced
29
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMO
ClearBridge Energy Midstream Opportunity Fund
EMO
|
+$762K |
| 2 |
Nuveen Global High Income Fund
JGH
|
+$718K |
| 3 |
CEM
ClearBridge MLP and Midstream Fund Inc.
CEM
|
+$631K |
| 4 |
BlackRock Corporate High Yield Fund
HYT
|
+$608K |
| 5 |
TEI
Templeton Emerging Markets Income Fund
TEI
|
+$597K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cohen & Steers REIT and Preferred and Income Fund
RNP
|
+$15.8M |
| 2 |
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
|
+$2.56M |
| 3 |
BlackRock Credit Allocation Income Trust
BTZ
|
+$1.16M |
| 4 |
GLOP
GASLOG PARTNERS LP
GLOP
|
+$1.09M |
| 5 |
Texas Instruments
TXN
|
+$583K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 9.76% |
| 2 | Financials | 7.44% |
| 3 | Industrials | 2.22% |
| 4 | Technology | 1.21% |
| 5 | Healthcare | 0.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FAX
1
DELISTED
abrdn Asia-Pacific Income Fund
FAX
| $47.6M | 7.46% |
11,376,034
+134,601
| +1% | +$563K |
|
|
EMD
2
Western Asset Emerging Markets Debt Fund
EMD
$610M
| $46.8M | 7.35% |
3,269,989
+42,103
| +1% | +$584K |
|
|
DSL
3
DoubleLine Income Solutions Fund
DSL
$1.22B
| $38.8M | 6.09% |
1,942,827
-23,534
| -1% | -$475K |
|
|
TEI
4
Templeton Emerging Markets Income Fund
TEI
$315M
| $36.3M | 5.69% |
3,550,114
+58,963
| +2% | +$597K |
|
|
AWF
5
AllianceBernstein Global High Income Fund
AWF
$874M
| $34.3M | 5.37% |
2,907,976
+35,174
| +1% | +$411K |
|
|
CEM
6
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
| $26.9M | 4.22% |
450,658
+10,250
| +2% | +$631K |
|
7
Cohen & Steers Infrastructure Fund
UTF
$3.1B
| $26.4M | 4.14% |
1,016,556
-8,546
| -0.8% | -$212K |
|
|
EMO
8
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.03B
| $24.8M | 3.89% |
539,405
+16,211
| +3% | +$762K |
|
9
InfraCap MLP ETF
AMZA
$469M
| $22.2M | 3.48% |
397,753
+8,037
| +2% | +$457K |
|
|
10
Nuveen Global High Income Fund
JGH
$354M
| $20.9M | 3.28% |
1,351,315
+46,549
| +4% | +$718K |
|
11
Ares Capital
ARCC
$13.7B
| $19.9M | 3.12% |
1,106,745
+9,407
| +0.9% | +$166K |
|
12
Main Street Capital
MAIN
$5.14B
| $16.7M | 2.63% |
407,017
+4,511
| +1% | +$180K |
|
|
13
BlackRock Corporate High Yield Fund
HYT
$1.37B
| $13.1M | 2.05% |
1,220,234
+58,005
| +5% | +$608K |
|
14
Global X MLP ETF
MLPA
$2.28B
| $11.3M | 1.78% |
214,272
+8,634
| +4% | +$455K |
|
|
15
Cohen & Steers REIT and Preferred and Income Fund
RNP
$983M
| $10.5M | 1.64% |
484,104
-755,581
| -61% | -$15.8M |
|
|
16
BlackRock Credit Allocation Income Trust
BTZ
$936M
| $10.4M | 1.62% |
798,238
-91,639
| -10% | -$1.16M |
|
17
Enterprise Products Partners
EPD
$81.5B
| $10M | 1.57% |
346,320
+4,230
| +1% | +$122K |
|
|
PCI
18
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $9.64M | 1.51% |
403,514
-107,470
| -21% | -$2.56M |
|
19
Energy Transfer Partners
ET
$69.8B
| $9.37M | 1.47% |
665,663
+9,764
| +1% | +$145K |
|
20
Kinder Morgan
KMI
$70.3B
| $9.04M | 1.42% |
432,951
+7,673
| +2% | +$155K |
|
21
Carlyle Group
CG
$17.1B
| $8.47M | 1.33% |
374,799
+4,304
| +1% | +$88.6K |
|
|
GMLP
22
DELISTED
Golar LNG Partners LP
GMLP
| $8.2M | 1.29% |
725,254
+916
| +0.1% | +$10.9K |
|
|
HEP
23
DELISTED
Holly Energy Partners, L.P.
HEP
| $7.16M | 1.12% |
260,519
-9,680
| -4% | -$265K |
|
24
Cheniere Energy
CQP
$32B
| $6.56M | 1.03% |
155,518
+3,298
| +2% | +$140K |
|
|
DCP
25
DELISTED
DCP Midstream, LP
DCP
| $5.74M | 0.9% |
195,725
+2,658
| +1% | +$83K |
|
Similar funds
LSPW
JSL
GA
NEAM
GCM
NCM
SBCM
SWIG
McGowan Group Asset Management's Q2 2019 Portfolio in Review
As of Q2 2019, McGowan Group Asset Management held 107 positions worth $637M, up 1.7% from $627M the previous quarter. Its ten largest holdings account for 57% of the portfolio.
McGowan Group Asset Management withdrew a net $35.8M in Q2 2019, closing 2 positions and reducing 29 holdings. Its most notable exit was SANDRIDGE MISSISSIPPIAN TRUST I, an estimated $203K position sold in full.
By sector, the portfolio is most concentrated in Energy at 9.8% of assets, down from 10% a quarter earlier, followed by Financials and Industrials.
Against the trend, McGowan Group Asset Management opened a new position in Plains All American Pipeline worth $318K.
- McGowan Group Asset Management's largest Q2 2019 buy was Plains All American Pipeline: 13,074 shares worth $318K.
- McGowan Group Asset Management added most to ClearBridge Energy Midstream Opportunity Fund in Q2 2019, an estimated $762K increase.
- McGowan Group Asset Management's biggest Q2 2019 reduction was Cohen & Steers REIT and Preferred and Income Fund, cutting an estimated $15.8M.
- McGowan Group Asset Management fully exited SANDRIDGE MISSISSIPPIAN TRUST I in Q2 2019, selling an estimated $203K.
- McGowan Group Asset Management's ten largest holdings make up 57% of its $637M portfolio in Q2 2019.
- McGowan Group Asset Management opened 3 new positions and closed 2 in Q2 2019.
- McGowan Group Asset Management's portfolio value rose 1.7% quarter-over-quarter to $637M.
Based on McGowan Group Asset Management's 13F filing for Q2 2019, filed 14 Aug 2019.