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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
+6.18%
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
+$23.9M
(+3.9%)
Cap. Flow
-$32.6M
Cap. Flow
% of AUM
-5.13%
Top 10 Holdings %
Top 10 Hldgs %
61%
Holding
115
New
7
Increased
46
Reduced
32
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Information Services Group
III
|
+$946K |
| 2 |
Duke Energy
DUK
|
+$832K |
| 3 |
Global X MLP ETF
MLPA
|
+$654K |
| 4 |
Verizon
VZ
|
+$643K |
| 5 |
Amazon
AMZN
|
+$565K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TEI
Templeton Emerging Markets Income Fund
TEI
|
+$16.9M |
| 2 |
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
|
+$15.5M |
| 3 |
Abbott
ABT
|
+$8.92M |
| 4 |
FAX
abrdn Asia-Pacific Income Fund
FAX
|
+$5.92M |
| 5 |
BlackRock Corporate High Yield Fund
HYT
|
+$4.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 7.66% |
| 2 | Financials | 6.58% |
| 3 | Healthcare | 5.33% |
| 4 | Utilities | 2.68% |
| 5 | Technology | 2.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EMD
1
Western Asset Emerging Markets Debt Fund
EMD
$609M
| $48.3M | 7.59% |
3,450,678
-24,639
| -0.7% | -$340K |
|
|
FAX
2
DELISTED
abrdn Asia-Pacific Income Fund
FAX
| $46.7M | 7.33% |
10,532,359
-1,335,229
| -11% | -$5.92M |
|
|
DSL
3
DoubleLine Income Solutions Fund
DSL
$1.22B
| $45.5M | 7.15% |
2,516,709
-15,263
| -0.6% | -$277K |
|
4
Nuveen Global High Income Fund
JGH
$352M
| $45.5M | 7.14% |
2,804,042
-22,214
| -0.8% | -$352K |
|
|
AWF
5
AllianceBernstein Global High Income Fund
AWF
$870M
| $39.3M | 6.18% |
3,143,202
-286
| -0% | -$3.47K |
|
6
Cohen & Steers Infrastructure Fund
UTF
$3.11B
| $28.7M | 4.5% |
999,032
-21,051
| -2% | -$606K |
|
7
Ares Capital
ARCC
$13.5B
| $20.5M | 3.22% |
1,047,398
-12,188
| -1% | -$236K |
|
|
EMO
8
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.03B
| $18.1M | 2.85% |
786,617
-11,224
| -1% | -$242K |
|
|
9
Global X MLP ETF
MLPA
$2.3B
| $17.3M | 2.71% |
446,613
+17,779
| +4% | +$654K |
|
|
VTA
10
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
| $16.3M | 2.56% |
1,375,860
+28,096
| +2% | +$326K |
|
|
11
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $15.9M | 2.5% |
1,289,440
-353,350
| -22% | -$4.24M |
|
|
AY
12
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $15.7M | 2.46% |
420,463
-5,280
| -1% | -$196K |
|
13
Kinder Morgan
KMI
$71.7B
| $14.9M | 2.35% |
819,995
-9,088
| -1% | -$162K |
|
14
Bristol-Myers Squibb
BMY
$133B
| $12.7M | 1.99% |
189,796
+1,277
| +0.7% | +$83.3K |
|
15
AbbVie
ABBV
$443B
| $12.7M | 1.99% |
112,369
+1,623
| +1% | +$183K |
|
|
CEM
16
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
| $11.9M | 1.87% |
406,628
-54,651
| -12% | -$1.5M |
|
17
Cheniere Energy
CQP
$31.9B
| $10.8M | 1.7% |
243,734
-4,011
| -2% | -$169K |
|
18
Energy Transfer Partners
ET
$70.1B
| $8.94M | 1.4% |
841,089
-10,623
| -1% | -$102K |
|
19
Enterprise Products Partners
EPD
$82.3B
| $8.93M | 1.4% |
370,164
+2,642
| +0.7% | +$62.5K |
|
|
PCI
20
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $8.74M | 1.37% |
390,616
-687,514
| -64% | -$15.5M |
|
21
Hercules Capital
HTGC
$3.07B
| $6.78M | 1.06% |
397,155
+8,798
| +2% | +$151K |
|
22
Unum
UNM
$13.6B
| $6.3M | 0.99% |
221,691
-731
| -0.3% | -$21.5K |
|
23
Texas Instruments
TXN
$252B
| $5.36M | 0.84% |
27,863
-1,242
| -4% | -$233K |
|
24
Eli Lilly
LLY
$1.02T
| $5.23M | 0.82% |
22,781
-295
| -1% | -$59.3K |
|
25
Visa
V
$684B
| $5.09M | 0.8% |
21,779
-179
| -0.8% | -$40.9K |
|
Similar funds
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JSL
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NEAM
GCM
NCM
SBCM
SWIG
McGowan Group Asset Management's Q2 2021 Portfolio in Review
As of Q2 2021, McGowan Group Asset Management held 115 positions worth $637M, up 3.9% from $613M the previous quarter. Its ten largest holdings account for 61% of the portfolio.
McGowan Group Asset Management withdrew a net $32.6M in Q2 2021, closing 6 positions and reducing 32 holdings. Its most notable exit was Templeton Emerging Markets Income Fund, an estimated $16.9M position sold in full.
By sector, the portfolio is most concentrated in Energy at 7.7% of assets, up from 7% a quarter earlier, followed by Financials and Healthcare.
Against the trend, McGowan Group Asset Management opened a new position in Duke Energy worth $817K.
- McGowan Group Asset Management's largest Q2 2021 buy was Duke Energy: 8,280 shares worth $817K.
- McGowan Group Asset Management added most to Information Services Group in Q2 2021, an estimated $946K increase.
- McGowan Group Asset Management's biggest Q2 2021 reduction was PIMCO Dynamic Credit and Mortgage Income Fund, cutting an estimated $15.5M.
- McGowan Group Asset Management fully exited Templeton Emerging Markets Income Fund in Q2 2021, selling an estimated $16.9M.
- McGowan Group Asset Management's ten largest holdings make up 61% of its $637M portfolio in Q2 2021.
- McGowan Group Asset Management opened 7 new positions and closed 6 in Q2 2021.
- McGowan Group Asset Management's portfolio value rose 3.9% quarter-over-quarter to $637M.
Based on McGowan Group Asset Management's 13F filing for Q2 2021, filed 11 Aug 2021.