Newgate Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
FAX
abrdn Asia-Pacific Income Fund
FAX
|
+$3.42M |
| 2 |
Nuveen Credit Strategies Income Fund
JQC
|
+$3.1M |
| 3 |
Invesco Senior Income Trust
VVR
|
+$2.65M |
| 4 |
DSL
DoubleLine Income Solutions Fund
DSL
|
+$2.27M |
| 5 |
BlackRock Debt Strategies Fund
DSU
|
+$1.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AWF
AllianceBernstein Global High Income Fund
AWF
|
+$2.06M |
| 2 |
LEO
BNY Mellon Strategic Municipals
LEO
|
+$1.71M |
| 3 |
BRW
Saba Capital Income & Opportunities Fund
BRW
|
+$1.6M |
| 4 |
CAF
Morgan Stanley China A Share Fund
CAF
|
+$1.51M |
| 5 |
EVF
Eaton Vance Senior Income Trust
EVF
|
+$1.39M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 6.9% |
| 2 | Financials | 5% |
| 3 | Materials | 4.87% |
| 4 | Utilities | 2.75% |
| 5 | Communication Services | 2.3% |
Similar funds
Newgate Capital Management's Q3 2015 Portfolio in Review
As of Q3 2015, Newgate Capital Management held 113 positions worth $135M, down 0.42% from $135M the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Newgate Capital Management deployed $13.8M of net new capital in Q3 2015, opening 16 new positions and adding to 30 existing holdings. Its largest new stake was Nuveen New York AMT-Free Quality Municipal Income Fund: 123,317 shares worth $1.54M.
By sector, the portfolio is most concentrated in Energy at 6.9% of assets, down from 9% a quarter earlier, followed by Financials and Materials.
On the sell side, the largest reduction was AllianceBernstein Global High Income Fund, an estimated $2.06M trimmed.
- Newgate Capital Management's largest Q3 2015 buy was Nuveen New York AMT-Free Quality Municipal Income Fund: 123,317 shares worth $1.54M.
- Newgate Capital Management added most to abrdn Asia-Pacific Income Fund in Q3 2015, an estimated $3.42M increase.
- Newgate Capital Management's biggest Q3 2015 reduction was AllianceBernstein Global High Income Fund, cutting an estimated $2.06M.
- Newgate Capital Management fully exited BNY Mellon Strategic Municipals in Q3 2015, selling an estimated $1.71M.
- Newgate Capital Management's ten largest holdings make up 48% of its $135M portfolio in Q3 2015.
- Newgate Capital Management opened 16 new positions and closed 18 in Q3 2015.
- Newgate Capital Management's portfolio value fell 0.42% quarter-over-quarter to $135M.
Based on Newgate Capital Management's 13F filing for Q3 2015, filed 22 Oct 2015.