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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
NBH
101
Neuberger Municipal Fund Inc
NBH
$307M
$231K 0.23%
21,076
– –
DMB
102
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$196M
$221K 0.22%
19,067
+66
+0.3% +$728
VVR icon
103
Invesco Senior Income Trust
VVR
$456M
$216K 0.22%
58,730
+22
+0% +$85
T icon
104
AT&T
T
$164B
$213K 0.21%
+11,087
New +$212K
DBL
105
DoubleLine Opportunistic Credit Fund
DBL
$278M
$212K 0.21%
14,981
+155
+1% +$2.31K
PMF
106
DELISTED
PIMCO Municipal Income Fund
PMF
$212K 0.21%
21,293
– –
CEV
107
Eaton Vance California Municipal Income Trust
CEV
$71.5M
$207K 0.21%
20,246
+103
+0.5% +$1.05K
CCIF
108
Carlyle Credit Income Fund
CCIF
$57.2M
$203K 0.2%
20,677
+178
+0.9% +$1.73K
BTT icon
109
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
$201K 0.2%
+9,234
New +$200K
SBI
110
Western Asset Intermediate Muni Fund
SBI
$107M
$197K 0.2%
24,908
+13
+0.1% +$102
PCF
111
High Income Securities Fund
PCF
$98.8M
$196K 0.2%
30,093
+11
+0% +$74
CHY
112
Calamos Convertible and High Income Fund
CHY
$978M
$195K 0.19%
17,833
+112
+0.6% +$1.33K
MUE
113
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
$174K 0.17%
17,300
+94
+0.5% +$949
MQT
114
DELISTED
BlackRock MuniYield Quality Fund II
MQT
$167K 0.17%
16,076
+5,116
+47% +$53.5K
RMM
115
RiverNorth Managed Duration Municipal Income Fund
RMM
$282M
$163K 0.16%
10,847
– –
DTF
116
DTF Tax-Free Income 2028 Term Fund
DTF
$80.3M
$157K 0.16%
14,132
+48
+0.3% +$530
PCQ
117
Pimco California Municipal Income Fund
PCQ
$163M
$150K 0.15%
+14,898
New +$160K
IQI icon
118
Invesco Quality Municipal Securities
IQI
$526M
$146K 0.15%
14,622
+174
+1% +$1.71K
CHI
119
Calamos Convertible Opportunities and Income Fund
CHI
$968M
$144K 0.14%
13,717
+60
+0.4% +$692
AFT
120
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
$143K 0.14%
11,328
+190
+2% +$2.45K
JRI icon
121
Nuveen Real Asset Income & Growth Fund
JRI
$350M
$142K 0.14%
12,098
-531
-4% -$6.43K
MHN
122
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
$139K 0.14%
13,096
– –
NZF icon
123
Nuveen Municipal Credit Income Fund
NZF
$2.41B
$134K 0.13%
11,203
+5
+0% +$60
BTZ icon
124
BlackRock Credit Allocation Income Trust
BTZ
$927M
$133K 0.13%
12,963
+63
+0.5% +$672
NAC icon
125
Nuveen California Quality Municipal Income Fund
NAC
$1.84B
$132K 0.13%
11,996
– –
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.