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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
-2.57%
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
$588M
AUM Growth
-$48.6M
Cap. Flow
-$47.8M
Cap. Flow %
-8.14%
Top 10 Hldgs %
60.67%
Holding
117
New
8
Increased
44
Reduced
34
Closed
7

Top Buys

Rank Stock Value
1
IIPR icon
Innovative Industrial Properties
IIPR
+$8.75M
2
KMF
Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
+$2.78M
3
LIT icon
Global X Lithium & Battery Tech ETF
LIT
+$634K
4
ICLN icon
iShares Global Clean Energy ETF
ICLN
+$388K
5
BE icon
Bloom Energy
BE
+$369K

Top Sells

Rank Stock Value
1
FAX
abrdn Asia-Pacific Income Fund
FAX
+$10.6M
2
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
+$8.74M
3
IEMG icon
iShares Core MSCI Emerging Markets ETF
IEMG
+$3.72M
4
EMQQ icon
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
+$3.64M
5
HYT icon
BlackRock Corporate High Yield Fund
HYT
+$2.41M

Sector Composition

Rank Sector Weight
1 Energy 7.57%
2 Financials 7.13%
3 Healthcare 5.48%
4 Utilities 2.65%
5 Real Estate 2.51%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EMD
1
Western Asset Emerging Markets Debt Fund
EMD
$613M
$46.3M 7.88%
3,406,019
-44,659
-1% -$621K
JGH icon
2
Nuveen Global High Income Fund
JGH
$350M
$44.7M 7.61%
2,785,346
-18,696
-0.7% -$301K
DSL
3
DoubleLine Income Solutions Fund
DSL
$1.22B
$44.3M 7.53%
2,491,745
-24,964
-1% -$447K
AWF
4
AllianceBernstein Global High Income Fund
AWF
$872M
$37.9M 6.45%
3,090,563
-52,639
-2% -$651K
FAX
5
abrdn Asia-Pacific Income Fund
FAX
$594M
$33.4M 5.69%
1,342,465
-412,928
-24% -$10.6M
UTF icon
6
Cohen & Steers Infrastructure Fund
UTF
$3.11B
$26.6M 4.53%
982,152
-16,880
-2% -$480K
ARCC icon
7
Ares Capital
ARCC
$13.6B
$21M 3.58%
1,034,012
-13,386
-1% -$268K
EMO
8
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.03B
$16.8M 2.86%
768,638
-17,979
-2% -$385K
VTA
9
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
$16.3M 2.78%
1,396,366
+20,506
+1% +$240K
MLPA icon
10
Global X MLP ETF
MLPA
$2.29B
$15.7M 2.66%
443,767
-2,846
-0.6% -$100K
AY
11
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
$14.5M 2.47%
421,001
+538
+0.1% +$20.4K
IIPR icon
12
Innovative Industrial Properties
IIPR
$1.76B
$14.5M 2.47%
62,779
+38,797
+162% +$8.75M
KMI icon
13
Kinder Morgan
KMI
$71.6B
$13.6M 2.32%
815,499
-4,496
-0.5% -$76.4K
HYT icon
14
BlackRock Corporate High Yield Fund
HYT
$1.35B
$13.4M 2.27%
1,095,581
-193,859
-15% -$2.41M
ABBV icon
15
AbbVie
ABBV
$469B
$12.4M 2.11%
114,907
+2,538
+2% +$290K
BMY icon
16
Bristol-Myers Squibb
BMY
$130B
$11.4M 1.94%
192,953
+3,157
+2% +$208K
CEM
17
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
$10.8M 1.83%
396,885
-9,743
-2% -$262K
CQP icon
18
Cheniere Energy
CQP
$31.7B
$9.61M 1.63%
236,273
-7,461
-3% -$311K
ET icon
19
Energy Transfer Partners
ET
$70.4B
$7.99M 1.36%
833,585
-7,504
-0.9% -$72K
EPD icon
20
Enterprise Products Partners
EPD
$84.7B
$7.87M 1.34%
363,600
-6,564
-2% -$149K
HTGC icon
21
Hercules Capital
HTGC
$3.02B
$6.79M 1.16%
408,887
+11,732
+3% +$199K
UNM icon
22
Unum
UNM
$13.4B
$5.7M 0.97%
227,276
+5,585
+3% +$148K
TXN icon
23
Texas Instruments
TXN
$250B
$5.34M 0.91%
27,770
-93
-0.3% -$17.7K
LLY icon
24
Eli Lilly
LLY
$1.09T
$5.27M 0.9%
22,810
+29
+0.1% +$7.16K
V icon
25
Visa
V
$701B
$5.04M 0.86%
22,605
+826
+4% +$194K
1
2 3 4 5

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GA
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NEAM
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GCM
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NCM
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SBCM
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SWIG
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McGowan Group Asset Management's Q3 2021 Portfolio in Review

As of Q3 2021, McGowan Group Asset Management held 117 positions worth $588M, down 7.6% from $637M the previous quarter. Its ten largest holdings account for 61% of the portfolio.

McGowan Group Asset Management withdrew a net $47.8M in Q3 2021, closing 7 positions and reducing 34 holdings. Its most notable exit was PIMCO Dynamic Credit and Mortgage Income Fund, an estimated $8.74M position sold in full.

By sector, the portfolio is most concentrated in Energy at 7.6% of assets, down from 7.7% a quarter earlier, followed by Financials and Healthcare.

Against the trend, McGowan Group Asset Management opened a new position in Global X Lithium & Battery Tech ETF worth $634K.

  • McGowan Group Asset Management's largest Q3 2021 buy was Global X Lithium & Battery Tech ETF: 7,738 shares worth $634K.
  • McGowan Group Asset Management added most to Innovative Industrial Properties in Q3 2021, an estimated $8.75M increase.
  • McGowan Group Asset Management's biggest Q3 2021 reduction was abrdn Asia-Pacific Income Fund, cutting an estimated $10.6M.
  • McGowan Group Asset Management fully exited PIMCO Dynamic Credit and Mortgage Income Fund in Q3 2021, selling an estimated $8.74M.
  • McGowan Group Asset Management's ten largest holdings make up 61% of its $588M portfolio in Q3 2021.
  • McGowan Group Asset Management opened 8 new positions and closed 7 in Q3 2021.
  • McGowan Group Asset Management's portfolio value fell 7.6% quarter-over-quarter to $588M.

Based on McGowan Group Asset Management's 13F filing for Q3 2021, filed 15 Nov 2021.