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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
+5.32%
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
$613M
AUM Growth
+$27.6M
(+4.7%)
Cap. Flow
-$18.6M
Cap. Flow
% of AUM
-3.03%
Top 10 Holdings %
Top 10 Hldgs %
57.46%
Holding
113
New
15
Increased
36
Reduced
38
Closed
5
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Innovative Industrial Properties
IIPR
|
+$4.52M |
| 2 |
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
|
+$3.9M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$3.61M |
| 4 |
VTA
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
|
+$1.26M |
| 5 |
FAX
abrdn Asia-Pacific Income Fund
FAX
|
+$979K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TEI
Templeton Emerging Markets Income Fund
TEI
|
+$7.84M |
| 2 |
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
|
+$5.87M |
| 3 |
Bloom Energy
BE
|
+$1.45M |
| 4 |
XYZ
Block Inc
XYZ
|
+$655K |
| 5 |
Cohen & Steers REIT and Preferred and Income Fund
RNP
|
+$574K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 7.02% |
| 2 | Healthcare | 6.59% |
| 3 | Financials | 6.47% |
| 4 | Utilities | 2.55% |
| 5 | Technology | 2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FAX
1
abrdn Asia-Pacific Income Fund
FAX
$593M
| $48.5M | 7.92% |
1,977,931
+37,473
| +2% | +$979K |
|
|
DSL
2
DoubleLine Income Solutions Fund
DSL
$1.22B
| $46M | 7.51% |
2,531,972
+51,409
| +2% | +$890K |
|
|
EMD
3
Western Asset Emerging Markets Debt Fund
EMD
$609M
| $45.9M | 7.5% |
3,475,317
+46,417
| +1% | +$627K |
|
4
Nuveen Global High Income Fund
JGH
$349M
| $43.7M | 7.14% |
2,826,256
-30,970
| -1% | -$476K |
|
|
AWF
5
AllianceBernstein Global High Income Fund
AWF
$867M
| $37.3M | 6.08% |
3,143,488
+61,580
| +2% | +$725K |
|
6
Cohen & Steers Infrastructure Fund
UTF
$3.1B
| $28.5M | 4.65% |
1,020,083
-12,996
| -1% | -$345K |
|
|
PCI
7
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $24M | 3.92% |
1,078,130
-270,759
| -20% | -$5.87M |
|
8
Ares Capital
ARCC
$13.6B
| $19.8M | 3.24% |
1,059,586
-1,920
| -0.2% | -$34.5K |
|
9
BlackRock Corporate High Yield Fund
HYT
$1.35B
| $19.3M | 3.15% |
1,642,790
-9,127
| -0.6% | -$104K |
|
|
TEI
10
Templeton Emerging Markets Income Fund
TEI
$312M
| $16.9M | 2.76% |
2,298,099
-1,030,673
| -31% | -$7.84M |
|
|
AY
11
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $15.6M | 2.55% |
425,743
-4,769
| -1% | -$188K |
|
|
VTA
12
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
| $15.3M | 2.5% |
1,347,764
+113,607
| +9% | +$1.26M |
|
|
EMO
13
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.01B
| $14.9M | 2.43% |
797,841
-5,180
| -0.6% | -$87.7K |
|
14
Global X MLP ETF
MLPA
$2.28B
| $14.2M | 2.32% |
428,834
-3,550
| -0.8% | -$111K |
|
15
Kinder Morgan
KMI
$70.9B
| $13.8M | 2.25% |
829,083
-6,432
| -0.8% | -$98.2K |
|
16
AbbVie
ABBV
$471B
| $12M | 1.96% |
110,746
-216
| -0.2% | -$23.1K |
|
17
Bristol-Myers Squibb
BMY
$130B
| $11.9M | 1.94% |
188,519
+4,611
| +3% | +$287K |
|
|
CEM
18
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
| $10.8M | 1.76% |
461,279
-6,184
| -1% | -$131K |
|
19
Cheniere Energy
CQP
$31.4B
| $10.3M | 1.68% |
247,745
-2,072
| -0.8% | -$83.1K |
|
20
Abbott
ABT
$190B
| $8.92M | 1.46% |
74,468
+912
| +1% | +$108K |
|
21
Enterprise Products Partners
EPD
$83.8B
| $8.09M | 1.32% |
367,522
-1,991
| -0.5% | -$43.8K |
|
22
Energy Transfer Partners
ET
$69.5B
| $6.54M | 1.07% |
851,712
-10,682
| -1% | -$78K |
|
23
Hercules Capital
HTGC
$3.01B
| $6.22M | 1.02% |
388,357
+8,303
| +2% | +$129K |
|
24
Unum
UNM
$13.3B
| $6.19M | 1.01% |
222,422
-2,630
| -1% | -$68.3K |
|
25
Texas Instruments
TXN
$250B
| $5M | 0.82% |
29,105
-892
| -3% | -$155K |
|
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McGowan Group Asset Management's Q1 2021 Portfolio in Review
As of Q1 2021, McGowan Group Asset Management held 113 positions worth $613M, up 4.7% from $585M the previous quarter. Its ten largest holdings account for 57% of the portfolio.
McGowan Group Asset Management withdrew a net $18.6M in Q1 2021, closing 5 positions and reducing 38 holdings. Its most notable exit was Block Inc, an estimated $655K position sold in full.
By sector, the portfolio is most concentrated in Energy at 7% of assets, up from 6.1% a quarter earlier, followed by Healthcare and Financials.
Against the trend, McGowan Group Asset Management opened a new position in Innovative Industrial Properties worth $4.25M.
- McGowan Group Asset Management's largest Q1 2021 buy was Innovative Industrial Properties: 23,561 shares worth $4.25M.
- McGowan Group Asset Management added most to INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND in Q1 2021, an estimated $1.26M increase.
- McGowan Group Asset Management's biggest Q1 2021 reduction was Templeton Emerging Markets Income Fund, cutting an estimated $7.84M.
- McGowan Group Asset Management fully exited Block Inc in Q1 2021, selling an estimated $655K.
- McGowan Group Asset Management's ten largest holdings make up 57% of its $613M portfolio in Q1 2021.
- McGowan Group Asset Management opened 15 new positions and closed 5 in Q1 2021.
- McGowan Group Asset Management's portfolio value rose 4.7% quarter-over-quarter to $613M.
Based on McGowan Group Asset Management's 13F filing for Q1 2021, filed 17 May 2021.