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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
+10.89%
1 Year Est. Return
+17.73%
3 Year Est. Return
+42.86%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$106M
AUM Growth
+$14.2M
Cap. Flow
+$4.75M
Cap. Flow %
4.48%
Top 10 Hldgs %
36.75%
Holding
147
New
9
Increased
86
Reduced
27
Closed
6

Top Buys

Rank Stock Value
1
NBH
Neuberger Municipal Fund Inc
NBH
+$1.81M
2
DFAC icon
Dimensional US Core Equity 2 ETF
DFAC
+$1.07M
3
DFSV
Dimensional US Small Cap Value ETF
DFSV
+$889K
4
MMU
Western Asset Managed Municipals Fund
MMU
+$754K
5
DFAI
Dimensional International Core Equity Market ETF
DFAI
+$511K

Top Sells

Rank Stock Value
1
NBW
Neuberger Berman California Municipal Fund Inc.
NBW
+$1.47M
2
MNP
Western Asset Municipal Partners Fund, Inc.
MNP
+$729K
3
XOM icon
ExxonMobil
XOM
+$434K
4
JPS
Nuveen Preferred & Income Securities Fund
JPS
+$282K
5
DFUV icon
Dimensional US Marketwide Value ETF
DFUV
+$127K

Sector Composition

Rank Sector Weight
1 Technology 3.91%
2 Energy 1.19%
3 Financials 0.57%
4 Utilities 0.23%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
JRI icon
126
Nuveen Real Asset Income & Growth Fund
JRI
$350M
$142K 0.13%
12,098
– –
BTZ icon
127
BlackRock Credit Allocation Income Trust
BTZ
$927M
$136K 0.13%
13,176
+74
+0.6% +$726
NZF icon
128
Nuveen Municipal Credit Income Fund
NZF
$2.41B
$133K 0.13%
11,231
+12
+0.1% +$132
AVK
129
Advent Convertible and Income Fund
AVK
$528M
$128K 0.12%
11,550
+63
+0.5% +$632
SABA
130
Saba Capital Income & Opportunities Fund II
SABA
$220M
$128K 0.12%
16,875
-7,500
-31% -$58.7K
BGB
131
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
$126K 0.12%
11,167
– –
EVF
132
Eaton Vance Senior Income Trust
EVF
$90.1M
$125K 0.12%
19,797
– –
NCV
133
Virtus Convertible & Income Fund
NCV
$372M
$122K 0.11%
9,051
– –
MHN
134
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
$122K 0.11%
11,600
– –
EDF
135
Virtus Stone Harbor Emerging Markets Income Fund
EDF
$165M
$115K 0.11%
+26,788
New +$110K
WIA
136
Western Asset Inflation-Linked Income Fund
WIA
$185M
$99.9K 0.09%
12,298
– –
FAX
137
abrdn Asia-Pacific Income Fund
FAX
$592M
$95.8K 0.09%
5,893
– –
MIN
138
Aberdeen Intermediate Income Fund
MIN
$275M
$91.5K 0.09%
34,133
-16,500
-33% -$44K
PZC
139
DELISTED
PIMCO California Municipal Income Fund III
PZC
$77.7K 0.07%
10,540
– –
HIO
140
Western Asset High Income Opportunity Fund
HIO
$331M
$73.1K 0.07%
18,950
-8,643
-31% -$32.3K
DHY
141
Credit Suisse High Yield Credit Fund
DHY
$240M
$50.2K 0.05%
25,363
– –
PPT
142
Franklin Premier Income Trust
PPT
$323M
– –
-16,500
Closed -$55.3K
EGF
143
DELISTED
Blackrock Enhanced Government Fund, Inc.
EGF
– –
-12,327
Closed -$121K
EDI
144
DELISTED
Virtus Stone Harbor Emerging Markets Total Income Fund
EDI
– –
-10,218
Closed -$53.5K
JPS
145
DELISTED
Nuveen Preferred & Income Securities Fund
JPS
– –
-45,781
Closed -$282K
NBW
146
DELISTED
Neuberger Berman California Municipal Fund Inc.
NBW
– –
-150,222
Closed -$1.47M
MNP
147
DELISTED
Western Asset Municipal Partners Fund, Inc.
MNP
– –
-68,905
Closed -$729K
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 Q4 2023 Portfolio in Review

As of Q4 2023, Melfa Wealth Management held 147 positions worth $106M, up 15% from $92M the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Melfa Wealth Management deployed $4.75M of net new capital in Q4 2023, opening 9 new positions and adding to 86 existing holdings. Its largest new stake was BlackRock Municipal 2030 Target Term Trust: 11,546 shares worth $240K.

By sector, the portfolio is most concentrated in Technology at 3.9% of assets, down from 4.1% a quarter earlier, followed by Energy and Financials.

On the sell side, the largest reduction was ExxonMobil, an estimated $434K trimmed.

  • Melfa Wealth Management's largest Q4 2023 buy was BlackRock Municipal 2030 Target Term Trust: 11,546 shares worth $240K.
  • Melfa Wealth Management added most to Neuberger Municipal Fund Inc in Q4 2023, an estimated $1.81M increase.
  • Melfa Wealth Management's biggest Q4 2023 reduction was ExxonMobil, cutting an estimated $434K.
  • Melfa Wealth Management fully exited Neuberger Berman California Municipal Fund Inc. in Q4 2023, selling an estimated $1.47M.
  • Melfa Wealth Management's ten largest holdings make up 37% of its $106M portfolio in Q4 2023.
  • Melfa Wealth Management opened 9 new positions and closed 6 in Q4 2023.
  • Melfa Wealth Management's portfolio value rose 15% quarter-over-quarter to $106M.

Based on Melfa Wealth Management's 13F filing for Q4 2023, filed 22 Jan 2024.