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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
VBR icon
76
Vanguard Small-Cap Value ETF
VBR
$37.7B
$312K 0.31%
1,968
-33
-2% -$5.46K
NAD icon
77
Nuveen Quality Municipal Income Fund
NAD
$2.73B
$309K 0.31%
26,829
+16
+0.1% +$185
ES icon
78
Eversource Energy
ES
$28.4B
$304K 0.3%
3,881
+12
+0.3% +$948
VBF icon
79
Invesco Bond Fund
VBF
$168M
$302K 0.3%
19,596
– –
VT icon
80
Vanguard Total World Stock ETF
VT
$76.3B
$302K 0.3%
3,277
+19
+0.6% +$1.72K
MMU
81
Western Asset Managed Municipals Fund
MMU
$549M
$297K 0.3%
28,862
+48
+0.2% +$494
MAV
82
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
$293K 0.29%
35,599
-12,269
-26% -$102K
PHD
83
DELISTED
Pioneer Floating Rate Fund
PHD
$286K 0.29%
32,847
– –
KSM
84
DELISTED
DWS Strategic Municipal Income Trust
KSM
$283K 0.28%
33,393
+57
+0.2% +$483
VWO icon
85
Vanguard FTSE Emerging Markets ETF
VWO
$119B
$281K 0.28%
6,959
+41
+0.6% +$1.67K
NNY icon
86
Nuveen New York Municipal Value Fund
NNY
$157M
$274K 0.27%
31,408
– –
EVG
87
Eaton Vance Short Duration Diversified Income Fund
EVG
$142M
$272K 0.27%
26,061
-3,477
-12% -$36.5K
ACP
88
abrdn Income Credit Strategies Fund
ACP
$631M
$272K 0.27%
+40,814
New +$304K
HFRO
89
Highland Opportunities and Income Fund
HFRO
$406M
$271K 0.27%
30,877
+58
+0.2% +$577
JPS
90
DELISTED
Nuveen Preferred & Income Securities Fund
JPS
$271K 0.27%
41,875
– –
VFL
91
DELISTED
abrdn National Municipal Income Fund
VFL
$269K 0.27%
25,189
+10,294
+69% +$110K
JHS
92
John Hancock Income Securities Trust
JHS
$127M
$268K 0.27%
24,498
+5
+0% +$56
BKN
93
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
$265K 0.27%
21,984
+3,046
+16% +$36.9K
BBN icon
94
BlackRock Taxable Municipal Bond Trust
BBN
$978M
$264K 0.26%
+14,750
New +$260K
CBU icon
95
Community Bank
CBU
$3.41B
$256K 0.26%
4,875
-297
-6% -$17.4K
VFVA icon
96
Vanguard US Value Factor ETF
VFVA
$907M
$256K 0.26%
2,636
+13
+0.5% +$1.33K
VFQY icon
97
Vanguard US Quality Factor ETF
VFQY
$483M
$243K 0.24%
2,246
+13
+0.6% +$1.42K
LEO
98
BNY Mellon Strategic Municipals
LEO
$386M
$238K 0.24%
38,162
+15,408
+68% +$97.3K
DMF
99
DELISTED
BNY Mellon Municipal Income
DMF
$234K 0.23%
36,066
+59
+0.2% +$378
IYY icon
100
iShares Dow Jones US ETF
IYY
$2.94B
$232K 0.23%
2,321
– –
2 3
4
5 6

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.