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
-1.17%
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
$622M
AUM Growth
-$15.4M
(-2.4%)
Cap. Flow
-$60.1B
Cap. Flow
% of AUM
-9,666.41%
Top 10 Holdings %
Top 10 Hldgs %
62.25%
Holding
102
New
3
Increased
37
Reduced
18
Closed
11
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Global X MLP ETF
MLPA
|
+$11.2M |
| 2 |
Plains All American Pipeline
PAA
|
+$10.8M |
| 3 |
Kinder Morgan
KMI
|
+$8.45M |
| 4 |
Cheniere Energy
CQP
|
+$4.62M |
| 5 |
MPLX
MPLX
|
+$4.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
InfraCap MLP ETF
AMZA
|
+$22.2M |
| 2 |
Cohen & Steers REIT and Preferred and Income Fund
RNP
|
+$10.5M |
| 3 |
BlackRock Credit Allocation Income Trust
BTZ
|
+$10.4M |
| 4 |
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
|
+$9.64M |
| 5 |
GMLP
Golar LNG Partners LP
GMLP
|
+$8.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 12.68% |
| 2 | Financials | 8.07% |
| 3 | Technology | 1.35% |
| 4 | Industrials | 0.9% |
| 5 | Healthcare | 0.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FAX
1
abrdn Asia-Pacific Income Fund
FAX
$594M
| $48M | 7.73% |
1,911,313
+15,307
| +0.8% | +$385K |
|
|
EMD
2
Western Asset Emerging Markets Debt Fund
EMD
$613M
| $46M | 7.4% |
3,314,357
+44,368
| +1% | +$624K |
|
|
DSL
3
DoubleLine Income Solutions Fund
DSL
$1.22B
| $35.5M | 5.71% |
1,933,641
-9,186
| -0.5% | -$184K |
|
|
AWF
4
AllianceBernstein Global High Income Fund
AWF
$872M
| $35.2M | 5.66% |
2,936,186
+28,210
| +1% | +$334K |
|
|
TEI
5
Templeton Emerging Markets Income Fund
TEI
$312M
| $32.7M | 5.26% |
3,602,817
+52,703
| +1% | +$510K |
|
6
Cohen & Steers Infrastructure Fund
UTF
$3.11B
| $27.5M | 4.42% |
1,009,239
-7,317
| -0.7% | -$193K |
|
|
CEM
7
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
| $26.2M | 4.2% |
459,590
+8,932
| +2% | +$520K |
|
|
EMO
8
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.03B
| $24M | 3.86% |
551,934
+12,529
| +2% | +$560K |
|
|
9
Global X MLP ETF
MLPA
$2.29B
| $21.7M | 3.49% |
431,982
+217,710
| +102% | +$11.2M |
|
10
Nuveen Global High Income Fund
JGH
$350M
| $21.6M | 3.47% |
1,385,101
+33,786
| +3% | +$518K |
|
11
Ares Capital
ARCC
$13.6B
| $20.7M | 3.32% |
1,108,388
+1,643
| +0.1% | +$30.5K |
|
12
Main Street Capital
MAIN
$5.12B
| $17.6M | 2.83% |
407,021
+4
| +0% | +$171 |
|
|
13
Kinder Morgan
KMI
$71.7B
| $17.4M | 2.8% |
844,663
+411,712
| +95% | +$8.45M |
|
14
BlackRock Corporate High Yield Fund
HYT
$1.35B
| $13.4M | 2.15% |
1,246,020
+25,786
| +2% | +$274K |
|
|
15
Cheniere Energy
CQP
$31.7B
| $11.8M | 1.9% |
259,459
+103,941
| +67% | +$4.62M |
|
16
Energy Transfer Partners
ET
$70.4B
| $11.1M | 1.79% |
849,842
+184,179
| +28% | +$2.57M |
|
17
Enterprise Products Partners
EPD
$84.6B
| $11M | 1.77% |
384,895
+38,575
| +11% | +$1.12M |
|
|
18
Plains All American Pipeline
PAA
$17.6B
| $10.2M | 1.64% |
491,389
+478,315
| +3,659% | +$10.8M |
|
19
Carlyle Group
CG
$16.1B
| $9.6M | 1.54% |
375,549
+750
| +0.2% | +$17.9K |
|
|
DCP
20
DELISTED
DCP Midstream, LP
DCP
| $5.16M | 0.83% |
197,014
+1,289
| +0.7% | +$35.1K |
|
|
GLOP
21
DELISTED
GASLOG PARTNERS LP
GLOP
| $4.98M | 0.8% |
262,604
+272
| +0.1% | +$5.44K |
|
|
22
MPLX
MPLX
$60.8B
| $4.42M | 0.71% |
157,744
+150,010
| +1,940% | +$4.4M |
|
23
Texas Instruments
TXN
$249B
| $4.28M | 0.69% |
33,086
-321
| -1% | -$39.5K |
|
24
Black Stone Minerals
BSM
$3.18B
| $2.39M | 0.38% |
168,126
-1,031
| -0.6% | -$15.1K |
|
25
Eli Lilly
LLY
$1.09T
| $2.34M | 0.38% |
20,901
+1
| +0% | +$111 |
|
Similar funds
LSPW
JSL
GA
NEAM
GCM
NCM
SBCM
SWIG
McGowan Group Asset Management's Q3 2019 Portfolio in Review
As of Q3 2019, McGowan Group Asset Management held 102 positions worth $622M, down 2.4% from $637M the previous quarter. Its ten largest holdings account for 62% of the portfolio.
McGowan Group Asset Management withdrew a net $60.1B in Q3 2019, closing 11 positions and reducing 18 holdings. Its most notable exit was InfraCap MLP ETF, an estimated $22.2M position sold in full.
By sector, the portfolio is most concentrated in Energy at 13% of assets, up from 9.8% a quarter earlier, followed by Financials and Technology.
Against the trend, McGowan Group Asset Management opened a new position in iShares Core S&P US Value ETF worth $386K.
- McGowan Group Asset Management's largest Q3 2019 buy was iShares Core S&P US Value ETF: 6,686 shares worth $386K.
- McGowan Group Asset Management added most to Global X MLP ETF in Q3 2019, an estimated $11.2M increase.
- McGowan Group Asset Management's biggest Q3 2019 reduction was Cohen & Steers Infrastructure Fund, cutting an estimated $193K.
- McGowan Group Asset Management fully exited InfraCap MLP ETF in Q3 2019, selling an estimated $22.2M.
- McGowan Group Asset Management's ten largest holdings make up 62% of its $622M portfolio in Q3 2019.
- McGowan Group Asset Management opened 3 new positions and closed 11 in Q3 2019.
- McGowan Group Asset Management's portfolio value fell 2.4% quarter-over-quarter to $622M.
Based on McGowan Group Asset Management's 13F filing for Q3 2019, filed 14 Nov 2019.