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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
PNF
51
DELISTED
PIMCO New York Municipal Income Fund
PNF
$504K 0.5%
59,618
+12,586
+27% +$116K
CXH
52
DELISTED
MFS Investment Grade Municipal Trust
CXH
$502K 0.5%
67,873
-12,527
-16% -$91.9K
CXE
53
DELISTED
MFS High Income Municipal Trust
CXE
$495K 0.49%
135,544
+265
+0.2% +$951
NHS
54
Neuberger High Yield Strategies Fund Inc
NHS
$251M
$492K 0.49%
57,716
-922
-2% -$7.88K
BTA
55
DELISTED
BlackRock Long-Term Municipal Advantage Trust
BTA
$480K 0.48%
48,256
+37
+0.1% +$366
NUW icon
56
Nuveen AMT-Free Municipal Value Fund
NUW
$251M
$480K 0.48%
34,833
-897
-3% -$12.5K
NMT icon
57
Nuveen Massachusetts Quality Municipal Income Fund
NMT
$131M
$479K 0.48%
45,023
+975
+2% +$10.5K
CMU
58
DELISTED
MFS High Yield Municipal Trust
CMU
$478K 0.48%
148,801
+125,608
+542% +$404K
PNI
59
PIMCO New York Municipal Income Fund II
PNI
$76.8M
$477K 0.48%
61,718
+98
+0.2% +$771
OIA icon
60
Invesco Municipal Income Opportunities Trust
OIA
$293M
$469K 0.47%
70,707
-3,566
-5% -$23.8K
MUJ icon
61
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$643M
$467K 0.47%
40,769
-249
-0.6% -$2.85K
MHF
62
Western Asset Municipal High Income Fund
MHF
$151M
$462K 0.46%
69,289
-2,911
-4% -$19.1K
GHY
63
PGIM Global High Yield Fund
GHY
$480M
$456K 0.46%
41,612
-5,640
-12% -$64.2K
NMCO icon
64
Nuveen Municipal Credit Opportunities Fund
NMCO
$585M
$441K 0.44%
38,634
-1,839
-5% -$21.2K
MVT
65
DELISTED
BlackRock MuniVest Fund II
MVT
$435K 0.44%
40,511
-3,954
-9% -$42.8K
JPC icon
66
Nuveen Preferred & Income Opportunities Fund
JPC
$2.9B
$414K 0.41%
62,928
+13
+0% +$95
NUV icon
67
Nuveen Municipal Value Fund
NUV
$1.91B
$379K 0.38%
43,056
-2,331
-5% -$20.7K
EFT
68
Eaton Vance Floating-Rate Income Trust
EFT
$284M
$372K 0.37%
32,281
-4,546
-12% -$53K
VGM icon
69
Invesco Trust Investment Grade Municipals
VGM
$552M
$371K 0.37%
37,360
– –
ETX
70
Eaton Vance Municipal Income 2028 Term Trust
ETX
$198M
$366K 0.37%
20,567
-2,504
-11% -$45.2K
PMX
71
DELISTED
PIMCO Municipal Income Fund III
PMX
$362K 0.36%
43,525
+19
+0% +$157
VKQ icon
72
Invesco Municipal Trust
VKQ
$541M
$351K 0.35%
35,353
+213
+0.6% +$2.08K
EVM
73
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
$348K 0.35%
38,623
+101
+0.3% +$907
PFF icon
74
iShares Preferred and Income Securities ETF
PFF
$13.2B
$327K 0.33%
10,483
+105
+1% +$3.37K
PDI icon
75
PIMCO Dynamic Income Fund
PDI
$7.42B
$318K 0.32%
17,636
-147
-0.8% -$2.88K
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.