RVPG
Relative Value Partners Group Portfolio holdings
AUM
$772M
Turnover
81.8%
1-Year Est. Return
15.6%
This Fund
S&P 500
This Quarter
Est. Return
+2.61%
1 Year Est. Return
+15.6%
3 Year Est. Return
+8.9%
5 Year Est. Return
+33.97%
10 Year Est. Return
–
AUM
$689M
AUM Growth
-$124M
(-15%)
Cap. Flow
-$141M
Cap. Flow
% of AUM
-20.44%
Top 10 Holdings %
Top 10 Hldgs %
49.45%
Holding
140
New
5
Increased
28
Reduced
62
Closed
15
Avg Time Held
0.8
years
Top 10 Avg Time Held
0.7
years
Top 20 Avg Time Held
0.8
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
BlackRock Floating Rate Income Strategies Fund
FRA
|
+$11.6M |
| 2 |
DHG
Deutsche High Incm Opportunities
DHG
|
+$3.76M |
| 3 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$3.57M |
| 4 |
Nuveen AMT-Free Municipal Credit Income Fund
NVG
|
+$1.14M |
| 5 |
PHD
Pioneer Floating Rate Fund
PHD
|
+$840K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ACG
AllianceBernstein Income Fund Inc
ACG
|
+$41.2M |
| 2 |
BlackRock Credit Allocation Income Trust
BTZ
|
+$17.9M |
| 3 |
Virtus Total Return Fund
ZTR
|
+$12.4M |
| 4 |
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
|
+$9.51M |
| 5 |
Franklin Premier Income Trust
PPT
|
+$8.08M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 91.15% |
| 2 | Financials | 6.15% |
| 3 | Real Estate | 1.6% |
| 4 | Energy | 0.34% |
| 5 | Technology | 0.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
$2.24B
| $8.19M | 1.19% |
793,215
-41,236
| -5% | -$431K |
2015 Q2
4 quarters
|
|
27
BlackRock Enhanced Global Dividend Trust
BOE
$646M
| $7.59M | 1.1% |
644,606
-133,368
| -17% | -$1.58M |
2015 Q2
4 quarters
|
|
|
DHG
28
DELISTED
Deutsche High Incm Opportunities
DHG
| $7.18M | 1.04% |
530,086
+279,165
| +111% | +$3.76M |
2015 Q2
4 quarters
|
|
29
General American Investors Company
GAM
$1.52B
| $6.33M | 0.92% |
205,375
+17,262
| +9% | +$536K |
2015 Q2
4 quarters
|
|
30
Blackstone Senior Floating Rate 2027 Term Fund
BSL
$168M
| $5.75M | 0.83% |
363,773
-315,458
| -46% | -$4.92M |
2015 Q2
4 quarters
|
|
|
NSL
31
DELISTED
NUVEEN SENIOR INCM FD
NSL
| $5.62M | 0.82% |
935,844
-254,373
| -21% | -$1.52M |
2015 Q2
4 quarters
|
|
|
JMT
32
DELISTED
Nuveen Mortgage Opportunity Term Fund 2
JMT
| $4.55M | 0.66% |
205,251
+13,142
| +7% | +$289K |
2015 Q3
3 quarters
|
|
33
Aberdeen Multi-Market Income Fund
MMT
$231M
| $4.47M | 0.65% |
743,629
-686,810
| -48% | -$4.05M |
2015 Q2
4 quarters
|
|
|
ZF
34
DELISTED
Virtus Total Return Fund Inc.
ZF
| $4.27M | 0.62% |
348,997
-223,445
| -39% | -$2.85M |
2015 Q2
4 quarters
|
|
35
DELISTED
Blackrock Enhanced Government Fund, Inc.
EGF
| $3.96M | 0.58% |
289,922
-127,919
| -31% | -$1.74M |
2015 Q2
4 quarters
|
|
|
PHD
36
DELISTED
Pioneer Floating Rate Fund
PHD
| $3.69M | 0.54% |
329,516
+75,153
| +30% | +$840K |
2015 Q4
2 quarters
|
|
|
37
Franklin Premier Income Trust
PPT
$307M
| $3.68M | 0.53% |
786,874
-1,709,810
| -68% | -$8.08M |
2015 Q2
4 quarters
|
|
38
Eaton Vance Short Duration Diversified Income Fund
EVG
$136M
| $3.44M | 0.5% |
256,148
-107,307
| -30% | -$1.45M |
2015 Q2
4 quarters
|
|
|
FCT
39
DELISTED
First Trust Senior Floating Rate Income Fund II
FCT
| $2.42M | 0.35% |
189,965
-6,173
| -3% | -$79.4K |
2015 Q2
4 quarters
|
|
40
PennantPark Floating Rate Capital
PFLT
$652M
| $1.94M | 0.28% |
157,778
+27,636
| +21% | +$333K |
2015 Q2
4 quarters
|
|
41
Ares Commercial Real Estate
ACRE
$194M
| $1.76M | 0.26% |
143,516
+23,646
| +20% | +$279K |
2015 Q2
4 quarters
|
|
42
Ares Capital
ARCC
$13.3B
| $1.76M | 0.26% |
124,060
+30,213
| +32% | +$448K |
2015 Q2
4 quarters
|
|
|
ANH
43
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $1.74M | 0.25% |
370,864
+84,376
| +29% | +$394K |
2015 Q2
4 quarters
|
|
44
iShares Core S&P 500 ETF
IVV
$887B
| $1.72M | 0.25% |
8,155
-70
| -0.9% | -$14.6K |
2015 Q4
2 quarters
|
|
45
MFA Financial
MFA
$662M
| $1.71M | 0.25% |
58,811
+9,326
| +19% | +$262K |
2015 Q2
4 quarters
|
|
46
Blackstone Mortgage Trust
BXMT
$1.78B
| $1.7M | 0.25% |
61,393
+8,101
| +15% | +$224K |
2015 Q2
4 quarters
|
|
47
Ladder Capital
LADR
$1.09B
| $1.65M | 0.24% |
136,011
+23,697
| +21% | +$285K |
2015 Q3
3 quarters
|
|
48
BlackRock Multi-Sector Income Trust
BIT
$636M
| $1.46M | 0.21% |
89,064
-31,279
| -26% | -$509K |
2015 Q2
4 quarters
|
|
49
Saratoga Investment
SAR
$232M
| $1.43M | 0.21% |
86,816
+6,949
| +9% | +$114K |
2015 Q2
4 quarters
|
|
|
TWO
50
DELISTED
Two Harbors Investment
TWO
| $1.36M | 0.2% |
19,931
+3,259
| +20% | +$215K |
2015 Q2
4 quarters
|
|
Similar funds
AC
AT
KI
IFAM
SCM
PRC
GIM
MCM
Relative Value Partners Group's Q2 2016 Portfolio in Review
As of Q2 2016, Relative Value Partners Group held 140 positions worth $689M, down 15% from $813M the previous quarter. Its ten largest holdings account for 49% of the portfolio.
Relative Value Partners Group withdrew a net $141M in Q2 2016, closing 15 positions and reducing 62 holdings. Its most notable exit was AllianceBernstein Income Fund Inc, an estimated $41.2M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 91% of assets, up from 87% a quarter earlier, followed by Financials and Real Estate.
Against the trend, Relative Value Partners Group opened a new position in Nuveen AMT-Free Municipal Credit Income Fund worth $1.18M.
- Relative Value Partners Group's largest Q2 2016 buy was Nuveen AMT-Free Municipal Credit Income Fund: 72,854 shares worth $1.18M.
- Relative Value Partners Group added most to BlackRock Floating Rate Income Strategies Fund in Q2 2016, an estimated $11.6M increase.
- Relative Value Partners Group's biggest Q2 2016 reduction was BlackRock Credit Allocation Income Trust, cutting an estimated $17.9M.
- Relative Value Partners Group fully exited AllianceBernstein Income Fund Inc in Q2 2016, selling an estimated $41.2M.
- Relative Value Partners Group's ten largest holdings make up 49% of its $689M portfolio in Q2 2016.
- Relative Value Partners Group opened 5 new positions and closed 15 in Q2 2016.
- Relative Value Partners Group's portfolio value fell 15% quarter-over-quarter to $689M.
Based on Relative Value Partners Group's 13F filing for Q2 2016, filed 15 Aug 2016.