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 | |
|---|---|---|---|---|---|---|---|
51
Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
$335M
| $1.35M | 0.2% |
100,005
-8,820
| -8% | -$119K |
2015 Q2
4 quarters
|
|
52
BlackRock Floating Rate Income Trust
BGT
$303M
| $1.33M | 0.19% |
102,939
+21,827
| +27% | +$282K |
2015 Q4
2 quarters
|
|
53
Tortoise Electrification Infrastructure ETF
TPZ
$121M
| $1.3M | 0.19% |
66,722
-173,752
| -72% | -$3.24M |
2015 Q4
2 quarters
|
|
54
Pennant Park Investment Corp
PNNT
$206M
| $1.29M | 0.19% |
189,532
+31,200
| +20% | +$202K |
2015 Q2
4 quarters
|
|
55
BlackRock Income Trust
BKT
$310M
| $1.26M | 0.18% |
63,729
-85,371
| -57% | -$1.68M |
2015 Q2
4 quarters
|
|
56
Franklin Limited Duration Income Trust
FTF
$215M
| $1.22M | 0.18% |
105,292
+4,532
| +4% | +$52.3K |
2015 Q2
4 quarters
|
|
|
57
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.3B
| $1.18M | 0.17% |
+72,854
| New | +$1.14M |
2016 Q2
0 quarters
|
|
|
NPI
58
DELISTED
NUVEEN PREMIUN INC MUN FUND
NPI
| $1.17M | 0.17% |
76,291
| – | – |
2015 Q2
4 quarters
|
|
59
State Street SPDR S&P Dividend ETF
SDY
$21.1B
| $1.12M | 0.16% |
13,382
-500
| -4% | -$40.6K |
2015 Q4
2 quarters
|
|
60
DELISTED
Spectra Energy Corp Wi
SE
| $1.09M | 0.16% |
29,807
-904
| -3% | -$28.8K |
2015 Q4
2 quarters
|
|
|
CLNY
61
DELISTED
Colony Capital, Inc.
CLNY
| $1.07M | 0.16% |
69,717
+30,862
| +79% | +$536K |
2015 Q2
4 quarters
|
|
62
Vanguard Real Estate ETF
VNQ
$36.2B
| $1.05M | 0.15% |
11,902
| – | – |
2015 Q4
2 quarters
|
|
63
DELISTED
Guggenheim Enhncd Eqty Strtgy Fd
GGE
| $1.03M | 0.15% |
66,882
+1,739
| +3% | +$26.7K |
2015 Q4
2 quarters
|
|
64
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.97B
| $995K | 0.14% |
33,640
| – | – |
2016 Q1
1 quarter
|
|
65
iShares Russell 1000 Growth ETF
IWF
$127B
| $990K | 0.14% |
39,632
| – | – |
2015 Q4
2 quarters
|
|
66
Vanguard Utilities ETF
VPU
$8.1B
| $922K | 0.13% |
8,054
| – | – |
2015 Q4
2 quarters
|
|
67
BlackRock TCP Capital
TCPC
$342M
| $897K | 0.13% |
58,693
+6,360
| +12% | +$93.8K |
2015 Q2
4 quarters
|
|
68
Loews
L
$22.3B
| $733K | 0.11% |
17,840
| – | – |
2015 Q2
4 quarters
|
|
69
Microsoft
MSFT
$3.96T
| $718K | 0.1% |
14,025
-336
| -2% | -$17.5K |
2015 Q2
4 quarters
|
|
|
FAV
70
DELISTED
FIRST TRUST DIVIDEND AND INCOME FD COM
FAV
| $696K | 0.1% |
78,872
-268
| -0.3% | -$2.35K |
2015 Q4
2 quarters
|
|
|
MSP
71
DELISTED
Madison Strategic Sector
MSP
| $691K | 0.1% |
60,059
-51,139
| -46% | -$580K |
2015 Q2
4 quarters
|
|
72
Intel
INTC
$519B
| $669K | 0.1% |
20,400
-700
| -3% | -$21.9K |
2015 Q2
4 quarters
|
|
73
ExxonMobil
XOM
$728B
| $647K | 0.09% |
6,902
| – | – |
2015 Q2
4 quarters
|
|
|
JGV
74
DELISTED
NUVEEN GLOBAL EQUITY INCOME FUND
JGV
| $643K | 0.09% |
+55,058
| New | +$623K |
2016 Q2
0 quarters
|
|
|
AIF
75
DELISTED
Apollo Tactical Income Fund Inc.
AIF
| $636K | 0.09% |
44,449
-26,238
| -37% | -$372K |
2015 Q2
4 quarters
|
|
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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.