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MWM

Melfa Wealth Management Portfolio holdings

AUM $185M
1-Year Est. Return 17.73%
This Fund
S&P 500
This Quarter Est. Return
+2.81%
1 Year Est. Return
+17.73%
3 Year Est. Return
+42.86%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$100M
AUM Growth
+$4.35M
Cap. Flow
+$2.02M
Cap. Flow %
2.02%
Top 10 Hldgs %
37.03%
Holding
142
New
5
Increased
74
Reduced
38
Closed
5

Top Buys

Rank Stock Value
1
BKT icon
BlackRock Income Trust
BKT
+$1.09M
2
CMU
MFS High Yield Municipal Trust
CMU
+$404K
3
XOM icon
ExxonMobil
XOM
+$359K
4
EVN
Eaton Vance Municipal Income Trust
EVN
+$322K
5
ACP
abrdn Income Credit Strategies Fund
ACP
+$304K

Top Sells

Rank Stock Value
1
NID
NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
+$304K
2
IVH
Delaware Ivy High Income Opportunities Fund
IVH
+$277K
3
JSD
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
+$150K
4
DFAC icon
Dimensional US Core Equity 2 ETF
DFAC
+$144K
5
BFZ
BlackRock CA Municipal Income Trust
BFZ
+$139K

Sector Composition

Rank Sector Weight
1 Technology 3.63%
2 Energy 1.88%
3 Financials 0.59%
4 Utilities 0.3%
5 Communication Services 0.21%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
JFR icon
26
Nuveen Floating Rate Income Fund
JFR
$1.23B
$931K 0.93%
113,534
+605
+0.5% +$5.04K
VTI icon
27
Vanguard Total Stock Market ETF
VTI
$653B
$909K 0.91%
4,452
+27
+0.6% +$5.41K
MUC icon
28
BlackRock MuniHoldings California Quality Fund
MUC
$1B
$891K 0.89%
80,582
+245
+0.3% +$2.72K
VKI icon
29
Invesco Advantage Municipal Income Trust II
VKI
$394M
$868K 0.87%
97,418
+31
+0% +$270
MUA icon
30
BlackRock MuniAssets Fund
MUA
$527M
$866K 0.87%
82,203
+5,817
+8% +$63K
EVV
31
Eaton Vance Limited Duration Income Fund
EVV
$1.05B
$862K 0.86%
87,543
+1,068
+1% +$10.7K
RSPT icon
32
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.4B
$861K 0.86%
31,180
+40
+0.1% +$1.05K
MNP
33
DELISTED
Western Asset Municipal Partners Fund, Inc.
MNP
$831K 0.83%
68,687
-8,932
-12% -$109K
FRA icon
34
BlackRock Floating Rate Income Strategies Fund
FRA
$381M
$810K 0.81%
69,215
-4,186
-6% -$49.1K
VLT icon
35
Invesco High Income Trust II
VLT
$65.2M
$790K 0.79%
75,266
+13,097
+21% +$141K
NCA icon
36
Nuveen California Municipal Value Fund
NCA
$298M
$741K 0.74%
84,124
-1,613
-2% -$14.2K
VXUS icon
37
Vanguard Total International Stock ETF
VXUS
$153B
$699K 0.7%
12,667
+46
+0.4% +$2.51K
BHK icon
38
BlackRock Core Bond Trust
BHK
$641M
$688K 0.69%
63,429
-706
-1% -$7.75K
DFSV
39
Dimensional US Small Cap Value ETF
DFSV
$8.16B
$667K 0.67%
26,737
+10,833
+68% +$284K
DFAI
40
Dimensional International Core Equity Market ETF
DFAI
$17.2B
$647K 0.65%
24,023
-149
-0.6% -$3.96K
HYT icon
41
BlackRock Corporate High Yield Fund
HYT
$1.35B
$641K 0.64%
73,469
+1
+0% +$9
VIG icon
42
Vanguard Dividend Appreciation ETF
VIG
$111B
$615K 0.61%
3,991
+16
+0.4% +$2.45K
ENX
43
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
$599K 0.6%
61,645
+168
+0.3% +$1.59K
PMM
44
Franklin Managed Municipal Income Trust
PMM
$273M
$598K 0.6%
97,578
+7,226
+8% +$48.9K
MIY icon
45
BlackRock MuniYield Michigan Quality Fund
MIY
$355M
$593K 0.59%
53,005
+63
+0.1% +$719
AFB
46
AllianceBernstein National Municipal Income Fund
AFB
$313M
$567K 0.57%
51,776
-8,951
-15% -$96.3K
MFM
47
Aberdeen Municipal Income Fund
MFM
$220M
$537K 0.54%
100,562
– –
DSU icon
48
BlackRock Debt Strategies Fund
DSU
$589M
$521K 0.52%
54,741
-5,503
-9% -$53K
VMO icon
49
Invesco Municipal Opportunity Trust
VMO
$649M
$511K 0.51%
52,050
+13
+0% +$126
XBI icon
50
State Street SPDR S&P Biotech ETF
XBI
$10.3B
$506K 0.51%
6,644
– –
1
2
3 4 5

Similar funds

FA
Financial Alternatives La Jolla, California $185M AUM 16.33% 1-Year Est. Return
GK
Graney & King Latham, New York $186M AUM 15.71% 1-Year Est. Return
PS
Pinney & Scofield Cambridge, Massachusetts $185M AUM 19.89% 1-Year Est. Return
PFG
Pacific Financial Group Bellevue, Washington $186M AUM 16.59% 1-Year Est. Return
NPFS
Novak & Powell Financial Services St. Petersburg, Florida $186M AUM 18.1% 1-Year Est. Return
JHC
J. Hagan Capital Louisville, Kentucky $185M AUM 18.36% 1-Year Est. Return
CPP
Capasso Planning Partners Charleston, South Carolina $185M AUM 14.14% 1-Year Est. Return
VFG
Valley Financial Group Ambler, Pennsylvania $185M AUM 14.05% 1-Year Est. Return

Melfa Wealth Management's Q1 2023 Portfolio in Review

As of Q1 2023, Melfa Wealth Management held 142 positions worth $100M, up 4.5% from $95.7M the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Melfa Wealth Management's Q1 2023 filing shows 5 new, 74 increased, 38 reduced and 5 closed positions. Its largest new stake was abrdn Income Credit Strategies Fund: 40,814 shares worth $272K. The largest sale was NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND, an estimated $304K.

By sector, the portfolio is most concentrated in Technology at 3.6% of assets, up from 3% a quarter earlier, followed by Energy and Financials.

  • Melfa Wealth Management's largest Q1 2023 buy was abrdn Income Credit Strategies Fund: 40,814 shares worth $272K.
  • Melfa Wealth Management added most to BlackRock Income Trust in Q1 2023, an estimated $1.09M increase.
  • Melfa Wealth Management's biggest Q1 2023 reduction was Dimensional US Core Equity 2 ETF, cutting an estimated $144K.
  • Melfa Wealth Management fully exited NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in Q1 2023, selling an estimated $304K.
  • Melfa Wealth Management's ten largest holdings make up 37% of its $100M portfolio in Q1 2023.
  • Melfa Wealth Management opened 5 new positions and closed 5 in Q1 2023.
  • Melfa Wealth Management's portfolio value rose 4.5% quarter-over-quarter to $100M.

Based on Melfa Wealth Management's 13F filing for Q1 2023, filed 20 Apr 2023.