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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
FAX
126
abrdn Asia-Pacific Income Fund
FAX
$592M
$129K 0.13%
8,092
+1,750
+28% +$29K
AVK
127
Advent Convertible and Income Fund
AVK
$528M
$128K 0.13%
11,377
-434
-4% -$5.1K
NCV
128
Virtus Convertible & Income Fund
NCV
$372M
$122K 0.12%
9,051
-8,125
-47% -$119K
MYN icon
129
BlackRock MuniYield New York Quality Fund
MYN
$376M
$117K 0.12%
11,500
– –
NBO
130
DELISTED
Neuberger Berman New York Municipal Fund Inc.
NBO
$107K 0.11%
11,099
-9,900
-47% -$96K
WIA
131
Western Asset Inflation-Linked Income Fund
WIA
$185M
$106K 0.11%
12,298
– –
EVF
132
Eaton Vance Senior Income Trust
EVF
$90.1M
$106K 0.11%
19,797
+160
+0.8% +$882
JRO
133
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
$102K 0.1%
12,666
– –
PZC
134
DELISTED
PIMCO California Municipal Income Fund III
PZC
$81.8K 0.08%
10,540
– –
DHF
135
BNY Mellon High Yield Strategies Fund
DHF
$170M
$56.4K 0.06%
26,003
– –
DHY
136
Credit Suisse High Yield Credit Fund
DHY
$240M
$47.9K 0.05%
25,363
– –
PIM
137
Franklin Master Intermediate Income Trust
PIM
$151M
$40.7K 0.04%
12,788
– –
PYN
138
DELISTED
PIMCO New York Municipal Income Fund III
PYN
– –
-12,290
Closed -$83.9K
BTX
139
BlackRock Technology and Private Equity Term Trust
BTX
$895M
– –
-12,950
Closed -$88.2K
IVH
140
DELISTED
Delaware Ivy High Income Opportunities Fund
IVH
– –
-25,251
Closed -$277K
JSD
141
DELISTED
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
– –
-12,665
Closed -$150K
NID
142
DELISTED
NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
– –
-23,174
Closed -$304K
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.