We are live on ! Find out more
PMLI

Penn Mutual Life Insurance Portfolio holdings

AUM $125M
1-Year Est. Return 9.1%
This Fund
S&P 500
This Quarter Est. Return
+6.33%
1 Year Est. Return
-9.1%
3 Year Est. Return
-1.64%
5 Year Est. Return
-21.53%
10 Year Est. Return
–
AUM
$109M
AUM Growth
-$13M
Cap. Flow
-$19.2M
Cap. Flow %
-17.57%
Top 10 Hldgs %
78.09%
Holding
25
New
1
Increased
3
Reduced
4
Closed
4

Top Buys

Rank Stock Value
1
RITM icon
Rithm Capital
RITM
+$3.14M
2
EDD
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
+$909K
3
BCX icon
BlackRock Resources & Commodities Strategy Trust
BCX
+$775K
4
RA
Brookfield Real Assets Income Fund
RA
+$389K

Top Sells

Rank Stock Value
1
ARCC icon
Ares Capital
ARCC
+$8.4M
2
CIM
Chimera Investment
CIM
+$5.9M
3
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
+$3.91M
4
AGNC icon
AGNC Investment
AGNC
+$3.37M
5
IVR icon
Invesco Mortgage Capital
IVR
+$1.15M

Sector Composition

Rank Sector Weight
1 Miscellaneous 55.2%
2 Real Estate 43.51%
3 Healthcare 0.85%
4 Energy 0.43%
5 Financials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EDD
1
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
$379M
$15.8M 14.46%
2,049,000
+120,000
+6% +$909K
FAX
2
abrdn Asia-Pacific Income Fund
FAX
$606M
$13.7M 12.52%
464,167
– –
NLY icon
3
Annaly Capital Management
NLY
$17.4B
$11.3M 10.3%
258,250
-11,000
-4% -$468K
AGNC icon
4
AGNC Investment
AGNC
$12.9B
$9.88M 9.04%
507,000
-175,000
-26% -$3.37M
RITM icon
5
Rithm Capital
RITM
$5.63B
$6.33M 5.8%
380,000
+192,000
+102% +$3.14M
EMD
6
Western Asset Emerging Markets Debt Fund
EMD
$613M
$6.17M 5.65%
401,000
– –
PDI icon
7
PIMCO Dynamic Income Fund
PDI
$7.08B
$5.97M 5.46%
211,000
– –
DSL
8
DoubleLine Income Solutions Fund
DSL
$1.22B
$5.68M 5.2%
281,000
– –
BCX icon
9
BlackRock Resources & Commodities Strategy Trust
BCX
$992M
$5.37M 4.91%
616,000
+90,000
+17% +$775K
NRF
10
DELISTED
NorthStar Realty Finance Corp.
NRF
$5.18M 4.74%
321,000
– –
STWD icon
11
Starwood Property Trust
STWD
$5.85B
$5.15M 4.71%
225,000
– –
CMO
12
DELISTED
Capstead Mortgage Corp.
CMO
$4.35M 3.98%
415,000
– –
PCI
13
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
$2.49M 2.28%
120,000
-188,000
-61% -$3.91M
GHY
14
PGIM Global High Yield Fund
GHY
$476M
$2.48M 2.27%
165,000
– –
TEI
15
Templeton Emerging Markets Income Fund
TEI
$320M
$2.23M 2.04%
192,000
– –
BXMT icon
16
Blackstone Mortgage Trust
BXMT
$2.31B
$2.21M 2.02%
72,000
– –
IVR icon
17
Invesco Mortgage Capital
IVR
$792M
$2.04M 1.87%
13,200
-7,600
-37% -$1.15M
ARR
18
Armour Residential REIT
ARR
$2.31B
$1.15M 1.05%
10,400
– –
AIMT
19
DELISTED
Aimmune Therapeutics
AIMT
$934K 0.86%
39,000
– –
RRC icon
20
Range Resources
RRC
$9.69B
$470K 0.43%
16,000
– –
RA
21
Brookfield Real Assets Income Fund
RA
$697M
$440K 0.4%
+17,000
New +$389K
ARCC icon
22
Ares Capital
ARCC
$14.3B
– –
-509,000
Closed -$8.4M
CIM
23
Chimera Investment
CIM
$963M
– –
-115,667
Closed -$5.9M
SFR
24
DELISTED
Starwood Waypoint Homes
SFR
– –
-27,000
Closed -$770K
BOI
25
DELISTED
Brookfield Mtge Opportunity Fd
BOI
– –
-17,000
Closed -$434K

Similar funds

DDC
Daniel Devine & Co Parkland, Florida $125M AUM 14.12% 1-Year Est. Return
KFA
Kabarec Financial Advisors Palatine, Illinois $131M AUM
FAM
Foundation Asset Management White Plains, New York $116M AUM 31.02% 1-Year Est. Return
MFP
Mosaic Financial Partners San Francisco, California $152M AUM 1.45% 1-Year Est. Return
MGA
MatlinPatterson Global Advisers New York $163M AUM 32.35% 1-Year Est. Return
MAI
Marble Arch Investments New York $82.3M AUM 31.35% 1-Year Est. Return
XGI
XL Group Investments Hamilton, Bermuda $169M AUM 13.59% 1-Year Est. Return
ACM
Altalis Capital Management New York $79.7M AUM 1.72% 1-Year Est. Return

Penn Mutual Life Insurance's Q1 2017 Portfolio in Review

As of Q1 2017, Penn Mutual Life Insurance held 25 positions worth $109M, down 11% from $122M the previous quarter. Its ten largest holdings account for 78% of the portfolio.

Penn Mutual Life Insurance withdrew a net $19.2M in Q1 2017, closing 4 positions and reducing 4 holdings. Its most notable exit was Ares Capital, an estimated $8.4M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 55% of assets, up from 49% a quarter earlier, followed by Real Estate and Healthcare.

Against the trend, Penn Mutual Life Insurance opened a new position in Brookfield Real Assets Income Fund worth $440K.

  • Penn Mutual Life Insurance's largest Q1 2017 buy was Brookfield Real Assets Income Fund: 17,000 shares worth $440K.
  • Penn Mutual Life Insurance added most to Rithm Capital in Q1 2017, an estimated $3.14M increase.
  • Penn Mutual Life Insurance's biggest Q1 2017 reduction was PIMCO Dynamic Credit and Mortgage Income Fund, cutting an estimated $3.91M.
  • Penn Mutual Life Insurance fully exited Ares Capital in Q1 2017, selling an estimated $8.4M.
  • Penn Mutual Life Insurance's ten largest holdings make up 78% of its $109M portfolio in Q1 2017.
  • Penn Mutual Life Insurance opened 1 new position and closed 4 in Q1 2017.
  • Penn Mutual Life Insurance's portfolio value fell 11% quarter-over-quarter to $109M.

Based on Penn Mutual Life Insurance's 13F filing for Q1 2017, filed 10 May 2017.