NCM

Newgate Capital Management Portfolio holdings

AUM $121M
1-Year Return 3.73%
This Quarter Return
-4.99%
1 Year Return
-3.73%
3 Year Return
+7.69%
5 Year Return
–
10 Year Return
–
AUM
$152M
AUM Growth
-$20.4M
Cap. Flow
-$10.4M
Cap. Flow %
-6.83%
Top 10 Hldgs %
40.22%
Holding
134
New
35
Increased
19
Reduced
47
Closed
30

Top Buys

1
DSU icon
BlackRock Debt Strategies Fund
DSU
$4.06M
2
DSL
DoubleLine Income Solutions Fund
DSL
$3.23M
3
LEO
BNY Mellon Strategic Municipals
LEO
$2.34M
4
NQI
NUVEEN QUALITY MUNICIPAL FUND INC
NQI
$2.14M
5
LDP icon
Cohen & Steers Duration Preferred & Income Fund
LDP
$2.06M

Top Sells

1
BCF
BLACKROCK REAL ASSET EQUITY TRUST
BCF
$6.71M
2
CTR
ClearBridge MLP and Midstream Total Return Fund Inc.
CTR
$5.18M
3
FAX
abrdn Asia-Pacific Income Fund
FAX
$3M
4
HPS
John Hancock Preferred Income Fund III
HPS
$2.37M
5
JQC icon
Nuveen Credit Strategies Income Fund
JQC
$2.11M

Sector Composition

1 Materials 7.96%
2 Energy 6.63%
3 Financials 4.17%
4 Utilities 3.8%
5 Technology 3.69%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
NQS
101
DELISTED
NUVEEN SELECT QUALITY MUNI FD
NQS
$169K 0.11%
+12,198
New +$169K
BFK icon
102
BlackRock Municipal Income Trust
BFK
$424M
– –
-129,247
Closed -$1.77M
BLE icon
103
BlackRock Municipal Income Trust II
BLE
$476M
– –
-131,922
Closed -$1.9M
BTT icon
104
BlackRock Municipal 2030 Target Term Trust
BTT
$1.47B
– –
-26,550
Closed -$528K
CHRD icon
105
Chord Energy
CHRD
$6.12B
– –
-18,010
Closed -$753K
CLF icon
106
Cleveland-Cliffs
CLF
$5.07B
– –
-32,521
Closed -$338K
DE icon
107
Deere & Co
DE
$127B
– –
-11,350
Closed -$931K
EMO
108
ClearBridge Energy Midstream Opportunity Fund
EMO
$868M
– –
-14,294
Closed -$1.74M
ETR icon
109
Entergy
ETR
$39.5B
– –
-15,558
Closed -$602K
FAX
110
abrdn Asia-Pacific Income Fund
FAX
$673M
– –
-84,850
Closed -$3M
HPS
111
John Hancock Preferred Income Fund III
HPS
$476M
– –
-135,435
Closed -$2.37M
INFY icon
112
Infosys
INFY
$68B
– –
-65,168
Closed -$493K
MHD icon
113
BlackRock MuniHoldings Fund
MHD
$584M
– –
-126,170
Closed -$2.03M
MHN icon
114
BlackRock MuniHoldings New Yrok Quality Fund
MHN
$292M
– –
-59,312
Closed -$792K
MQY icon
115
BlackRock MuniYield Quality Fund
MQY
$792M
– –
-71,818
Closed -$1.07M
MYD icon
116
BlackRock MuniYield Fund
MYD
$461M
– –
-35,880
Closed -$509K
SB icon
117
Safe Bulkers
SB
$457M
– –
-41,806
Closed -$278K
SCCO icon
118
Southern Copper
SCCO
$80.4B
– –
-44,681
Closed -$1.26M
SHG icon
119
Shinhan Financial Group
SHG
$22.6B
– –
-19,137
Closed -$870K
VALE icon
120
Vale
VALE
$43.6B
– –
-133,952
Closed -$1.48M
NBIS
121
Nebius Group N.V. Class A Ordinary Shares
NBIS
$15.5B
– –
-35,450
Closed -$985K
CTR
122
DELISTED
ClearBridge MLP and Midstream Total Return Fund Inc.
CTR
– –
-44,944
Closed -$5.18M
CLR
123
DELISTED
CONTINENTAL RESOURCES INC.
CLR
– –
-7,641
Closed -$508K
TWTR
124
DELISTED
Twitter, Inc.
TWTR
– –
-4,326
Closed -$223K
XEC
125
DELISTED
CIMAREX ENERGY CO
XEC
– –
-5,386
Closed -$681K
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5
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