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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
-6.89%
1 Year Est. Return
+17.73%
3 Year Est. Return
+42.86%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$92M
AUM Growth
-$6.64M
Cap. Flow
+$466K
Cap. Flow %
0.51%
Top 10 Hldgs %
36.92%
Holding
142
New
1
Increased
70
Reduced
43
Closed
4

Top Buys

Rank Stock Value
1
PCQ
Pimco California Municipal Income Fund
PCQ
+$798K
2
PIM
Franklin Master Intermediate Income Trust
PIM
+$214K
3
BHK icon
BlackRock Core Bond Trust
BHK
+$210K
4
DFAU icon
Dimensional US Core Equity Market ETF
DFAU
+$181K
5
JFR icon
Nuveen Floating Rate Income Fund
JFR
+$157K

Top Sells

Rank Stock Value
1
VWO icon
Vanguard FTSE Emerging Markets ETF
VWO
+$207K
2
BTT icon
BlackRock Municipal 2030 Target Term Trust
BTT
+$202K
3
T icon
AT&T
T
+$177K
4
BGT icon
BlackRock Floating Rate Income Trust
BGT
+$108K
5
JRO
Nuveen Floating Rate Income Opportunty Fund
JRO
+$98.8K

Sector Composition

Rank Sector Weight
1 Technology 4.06%
2 Energy 2.14%
3 Financials 0.6%
4 Utilities 0.25%
5 Communication Services 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PDI icon
76
PIMCO Dynamic Income Fund
PDI
$7.42B
$296K 0.32%
17,126
– –
EVG
77
Eaton Vance Short Duration Diversified Income Fund
EVG
$142M
$289K 0.31%
27,897
+152
+0.5% +$1.53K
JPS
78
DELISTED
Nuveen Preferred & Income Securities Fund
JPS
$282K 0.31%
45,781
+59
+0.1% +$375
PHD
79
DELISTED
Pioneer Floating Rate Fund
PHD
$282K 0.31%
31,308
-250
-0.8% -$2.24K
PMX
80
DELISTED
PIMCO Municipal Income Fund III
PMX
$282K 0.31%
43,561
+18
+0% +$135
LEO
81
BNY Mellon Strategic Municipals
LEO
$386M
$264K 0.29%
49,620
-2,090
-4% -$12.2K
VKQ icon
82
Invesco Municipal Trust
VKQ
$541M
$260K 0.28%
31,158
-4,383
-12% -$40.2K
MMU
83
Western Asset Managed Municipals Fund
MMU
$549M
$259K 0.28%
29,012
+76
+0.3% +$736
HFRO
84
Highland Opportunities and Income Fund
HFRO
$406M
$255K 0.28%
31,771
+782
+3% +$6.54K
ACP
85
abrdn Income Credit Strategies Fund
ACP
$631M
$255K 0.28%
37,521
-1,903
-5% -$13.2K
KSM
86
DELISTED
DWS Strategic Municipal Income Trust
KSM
$253K 0.27%
33,570
+104
+0.3% +$854
NNY icon
87
Nuveen New York Municipal Value Fund
NNY
$157M
$252K 0.27%
31,408
– –
PIM
88
Franklin Master Intermediate Income Trust
PIM
$149M
$245K 0.27%
81,054
+68,266
+534% +$214K
IYY icon
89
iShares Dow Jones US ETF
IYY
$2.94B
$242K 0.26%
2,321
– –
EVM
90
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
$240K 0.26%
29,605
+151
+0.5% +$1.32K
WEA
91
Western Asset Premier Bond Fund
WEA
$123M
$236K 0.26%
23,399
+44
+0.2% +$472
VVR icon
92
Invesco Senior Income Trust
VVR
$454M
$232K 0.25%
59,244
+372
+0.6% +$1.44K
ES icon
93
Eversource Energy
ES
$28.4B
$227K 0.25%
3,909
+15
+0.4% +$1K
VBR icon
94
Vanguard Small-Cap Value ETF
VBR
$37.7B
$227K 0.25%
1,423
-159
-10% -$26.6K
BBN icon
95
BlackRock Taxable Municipal Bond Trust
BBN
$978M
$226K 0.25%
14,893
+73
+0.5% +$1.16K
DMF
96
DELISTED
BNY Mellon Municipal Income
DMF
$224K 0.24%
39,577
+3,463
+10% +$21.4K
DBL
97
DoubleLine Opportunistic Credit Fund
DBL
$278M
$223K 0.24%
15,311
+167
+1% +$2.41K
VFL
98
DELISTED
abrdn National Municipal Income Fund
VFL
$219K 0.24%
25,422
+108
+0.4% +$1.04K
MAV
99
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
$209K 0.23%
31,084
+78
+0.3% +$592
CBU icon
100
Community Bank
CBU
$3.4B
$206K 0.22%
4,875
– –
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 Q3 2023 Portfolio in Review

As of Q3 2023, Melfa Wealth Management held 142 positions worth $92M, down 6.7% from $98.7M the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Trading was light in Q3 2023: portfolio turnover was 3.5%. Melfa Wealth Management opened 1 new position and exited 4, leaving the 142-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 4.1% of assets, down from 4.3% a quarter earlier, followed by Energy and Financials.

  • Melfa Wealth Management's largest Q3 2023 buy was Franklin Premier Income Trust: 16,500 shares worth $55.3K.
  • Melfa Wealth Management added most to Pimco California Municipal Income Fund in Q3 2023, an estimated $798K increase.
  • Melfa Wealth Management's biggest Q3 2023 reduction was BlackRock Floating Rate Income Trust, cutting an estimated $108K.
  • Melfa Wealth Management fully exited Vanguard FTSE Emerging Markets ETF in Q3 2023, selling an estimated $207K.
  • Melfa Wealth Management's ten largest holdings make up 37% of its $92M portfolio in Q3 2023.
  • Melfa Wealth Management opened 1 new position and closed 4 in Q3 2023.
  • Melfa Wealth Management's portfolio value fell 6.7% quarter-over-quarter to $92M.

Based on Melfa Wealth Management's 13F filing for Q3 2023, filed 30 Oct 2023.