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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
-23.21%
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
$456M
AUM Growth
-$132M
(-22%)
Cap. Flow
+$39M
Cap. Flow
% of AUM
8.55%
Top 10 Holdings %
Top 10 Hldgs %
67.45%
Holding
94
New
5
Increased
20
Reduced
27
Closed
13
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
|
+$30.3M |
| 2 |
AY
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
|
+$11.6M |
| 3 |
Nuveen Global High Income Fund
JGH
|
+$11M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$10.4M |
| 5 |
DSL
DoubleLine Income Solutions Fund
DSL
|
+$9.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DCP
DCP Midstream, LP
DCP
|
+$4.84M |
| 2 |
GLOP
GASLOG PARTNERS LP
GLOP
|
+$4.07M |
| 3 |
MPLX
MPLX
|
+$3.97M |
| 4 |
Black Stone Minerals
BSM
|
+$2.13M |
| 5 |
CEM
ClearBridge MLP and Midstream Fund Inc.
CEM
|
+$822K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 7.12% |
| 2 | Financials | 5.32% |
| 3 | Healthcare | 3.32% |
| 4 | Utilities | 2.11% |
| 5 | Technology | 1.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FAX
1
abrdn Asia-Pacific Income Fund
FAX
$594M
| $39.1M | 8.56% |
1,926,421
-7,089
| -0.4% | -$173K |
|
|
EMD
2
Western Asset Emerging Markets Debt Fund
EMD
$614M
| $35.3M | 7.73% |
3,349,526
-25,845
| -0.8% | -$351K |
|
|
DSL
3
DoubleLine Income Solutions Fund
DSL
$1.22B
| $31.3M | 6.86% |
2,348,194
+522,590
| +29% | +$9.6M |
|
|
4
Nuveen Global High Income Fund
JGH
$350M
| $31M | 6.8% |
2,773,539
+726,310
| +35% | +$11M |
|
|
AWF
5
AllianceBernstein Global High Income Fund
AWF
$872M
| $27.7M | 6.07% |
2,993,436
+10,376
| +0.3% | +$119K |
|
|
TEI
6
Templeton Emerging Markets Income Fund
TEI
$312M
| $27.2M | 5.97% |
3,641,127
-26,057
| -0.7% | -$226K |
|
|
PCI
7
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $22M | 4.82% |
+1,307,073
| New | +$30.3M |
|
8
Cohen & Steers Infrastructure Fund
UTF
$3.11B
| $18.5M | 4.05% |
979,880
-24,087
| -2% | -$579K |
|
9
BlackRock Corporate High Yield Fund
HYT
$1.35B
| $12.6M | 2.76% |
1,429,901
+27,460
| +2% | +$287K |
|
10
Kinder Morgan
KMI
$71.6B
| $11.8M | 2.59% |
847,537
-24,507
| -3% | -$466K |
|
11
Ares Capital
ARCC
$13.6B
| $11.5M | 2.51% |
1,062,706
-36,602
| -3% | -$617K |
|
|
AY
12
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $9.61M | 2.11% |
+431,009
| New | +$11.6M |
|
|
13
Bristol-Myers Squibb
BMY
$130B
| $9.5M | 2.08% |
+170,497
| New | +$10.4M |
|
14
Global X MLP ETF
MLPA
$2.29B
| $8.07M | 1.77% |
426,813
-14,943
| -3% | -$558K |
|
15
Main Street Capital
MAIN
$5.11B
| $7.93M | 1.74% |
386,554
-19,185
| -5% | -$718K |
|
16
Cheniere Energy
CQP
$31.7B
| $6.71M | 1.47% |
248,555
-9,776
| -4% | -$334K |
|
17
Enterprise Products Partners
EPD
$84.6B
| $5.19M | 1.14% |
363,118
-21,140
| -6% | -$491K |
|
|
EMO
18
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.03B
| $5.12M | 1.12% |
787,615
-2,990
| -0.4% | -$93.7K |
|
|
CEM
19
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
| $4.35M | 0.95% |
475,877
-19,533
| -4% | -$822K |
|
20
Energy Transfer Partners
ET
$70.4B
| $3.73M | 0.82% |
810,615
-38,328
| -5% | -$408K |
|
21
Visa
V
$701B
| $3.69M | 0.81% |
22,928
+13,978
| +156% | +$2.63M |
|
22
Texas Instruments
TXN
$250B
| $3.24M | 0.71% |
32,401
-693
| -2% | -$83.2K |
|
23
Eli Lilly
LLY
$1.08T
| $3.08M | 0.67% |
22,195
+1,384
| +7% | +$190K |
|
24
Plains All American Pipeline
PAA
$17.5B
| $2.45M | 0.54% |
463,607
-24,796
| -5% | -$340K |
|
25
Amazon
AMZN
$2.45T
| $1.61M | 0.35% |
16,500
+320
| +2% | +$31K |
|
Similar funds
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SWIG
McGowan Group Asset Management's Q1 2020 Portfolio in Review
As of Q1 2020, McGowan Group Asset Management held 94 positions worth $456M, down 22% from $588M the previous quarter. Its ten largest holdings account for 67% of the portfolio.
McGowan Group Asset Management deployed $39M of net new capital in Q1 2020, opening 5 new positions and adding to 20 existing holdings. Its largest new stake was PIMCO Dynamic Credit and Mortgage Income Fund: 1,307,073 shares worth $22M.
By sector, the portfolio is most concentrated in Energy at 7.1% of assets, down from 13% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ClearBridge MLP and Midstream Fund Inc., an estimated $822K trimmed.
- McGowan Group Asset Management's largest Q1 2020 buy was PIMCO Dynamic Credit and Mortgage Income Fund: 1,307,073 shares worth $22M.
- McGowan Group Asset Management added most to Nuveen Global High Income Fund in Q1 2020, an estimated $11M increase.
- McGowan Group Asset Management's biggest Q1 2020 reduction was ClearBridge MLP and Midstream Fund Inc., cutting an estimated $822K.
- McGowan Group Asset Management fully exited DCP Midstream, LP in Q1 2020, selling an estimated $4.84M.
- McGowan Group Asset Management's ten largest holdings make up 67% of its $456M portfolio in Q1 2020.
- McGowan Group Asset Management opened 5 new positions and closed 13 in Q1 2020.
- McGowan Group Asset Management's portfolio value fell 22% quarter-over-quarter to $456M.
Based on McGowan Group Asset Management's 13F filing for Q1 2020, filed 18 May 2020.