Next Financial Group’s Nuveen Pennsylvania Municipal Value Fund Common shares of beneficial interest NPN Stock Holding History

Next Financial Group’s Portfolio NPN Stock Details NPN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-450	Closed	-$7K	–	2464
2016 Q2	$7K	Sell	450 -683	-60%	-$11.3K	﹤0.01%	1340
2016 Q1	$18K	Hold	1,133	–	–	0.01%	986
2015 Q4	$17K	Buy	1,133 +450	+66%	+$6.71K	0.01%	999
2015 Q3	$10K	Hold	683	–	–	﹤0.01%	1225
2015 Q2	$10K	Buy	+683	New	+$10.4K	﹤0.01%	1279

Other funds holding NPN

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Advisor Group Phoenix, Arizona $14.5B AUM 24.86% 1-Year Est. Return

TRCT

Tower Research Capital (TRC) New York $3.85B AUM 32.11% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Next Financial Group's NPN Position: Q3 2016 in Review

Next Financial Group sold out of Nuveen Pennsylvania Municipal Value Fund Common shares of beneficial interest (NPN) in Q3 2016, closing a stake of 450 shares — an estimated $7K sold.

Next Financial Group first reported a position in NPN in Q2 2015 and held it in 5 quarters. The position peaked at $18K in Q1 2016. 8 funds tracked by Wall St. Rank hold NPN as of Q3 2016.

Next Financial Group reported no remaining Nuveen Pennsylvania Municipal Value Fund Common shares of beneficial interest position as of Q3 2016 after selling out during the quarter.
Next Financial Group sold 450 Nuveen Pennsylvania Municipal Value Fund Common shares of beneficial interest shares in Q3 2016, an estimated $7K.
Next Financial Group first reported a position in Nuveen Pennsylvania Municipal Value Fund Common shares of beneficial interest in Q2 2015 and held it in 5 quarters.
Next Financial Group's Nuveen Pennsylvania Municipal Value Fund Common shares of beneficial interest position peaked at $18K in Q1 2016.
8 funds tracked by Wall St. Rank held Nuveen Pennsylvania Municipal Value Fund Common shares of beneficial interest as of Q3 2016.

Based on Next Financial Group's 13F filing for Q3 2016, filed 1 Nov 2016.