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 | |
|---|---|---|---|---|---|---|---|
101
Procter & Gamble
PG
$364B
| $336K | 0.05% |
4,000
| – | – |
2015 Q2
4 quarters
|
|
102
Nuveen Multi-Market Income Fund
JMM
$52.6M
| $329K | 0.05% |
44,218
-47,601
| -52% | -$349K |
2015 Q2
4 quarters
|
|
103
Trupanion
TRUP
$1.17B
| $321K | 0.05% |
24,243
| – | – |
2015 Q2
4 quarters
|
|
104
Walmart Inc
WMT
$922B
| $314K | 0.05% |
12,900
-300
| -2% | -$6.94K |
2015 Q4
2 quarters
|
|
105
JPMorgan Chase
JPM
$890B
| $308K | 0.04% |
5,000
| – | – |
2015 Q2
4 quarters
|
|
106
WisdomTree India Earnings Fund ETF
EPI
$1.8B
| $303K | 0.04% |
14,990
+358
| +2% | +$7.01K |
2016 Q1
1 quarter
|
|
107
VanEck Gold Miners ETF
GDX
$25B
| $299K | 0.04% |
+10,780
| New | +$259K |
2016 Q2
0 quarters
|
|
108
IBM
IBM
$215B
| $288K | 0.04% |
1,987
-126
| -6% | -$18K |
2016 Q1
1 quarter
|
|
109
Southside Bancshares
SBSI
$901M
| $285K | 0.04% |
9,444
+1
| +0% | +$27 |
2015 Q2
4 quarters
|
|
110
GDL Fund
GDL
$89.4M
| $273K | 0.04% |
27,485
| – | – |
2015 Q2
4 quarters
|
|
111
SPDR Gold Trust
GLD
$139B
| $253K | 0.04% |
2,000
| – | – |
2015 Q2
4 quarters
|
|
112
Cisco
CSCO
$448B
| $250K | 0.04% |
8,800
-2,500
| -22% | -$70.2K |
2015 Q2
4 quarters
|
|
113
Bank of America
BAC
$359B
| $242K | 0.04% |
18,226
| – | – |
2015 Q2
4 quarters
|
|
114
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.36B
| $241K | 0.04% |
19,540
| – | – |
2015 Q2
4 quarters
|
|
115
JBT Marel
JBTM
$5.43B
| $233K | 0.03% |
+3,800
| New | +$222K |
2016 Q2
0 quarters
|
|
116
Alphabet (Google) Class C
GOOG
$4.2T
| $225K | 0.03% |
6,500
| – | – |
2015 Q4
2 quarters
|
|
|
TLMR
117
DELISTED
TALMER BANCORP INC (MI)
TLMR
| $215K | 0.03% |
11,268
| – | – |
2015 Q2
4 quarters
|
|
|
EFF
118
DELISTED
EATON VANCE FLOATING-RATE INCOME PLUS FUND
EFF
| $165K | 0.02% |
11,066
-1,294
| -10% | -$19.4K |
2015 Q2
4 quarters
|
|
119
New Germany Fund
GF
$166M
| $158K | 0.02% |
11,879
-864
| -7% | -$11.9K |
2015 Q2
4 quarters
|
|
120
iShares MSCI Japan ETF
EWJ
$23.3B
| $127K | 0.02% |
2,767
-549
| -17% | -$25.5K |
2015 Q2
4 quarters
|
|
121
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$2.88B
| $113K | 0.02% |
13,365
-9,364
| -41% | -$81.8K |
2015 Q4
2 quarters
|
|
|
DCA
122
DELISTED
Virtus Total Return Fund
DCA
| $111K | 0.02% |
24,346
-4,247
| -15% | -$18.4K |
2015 Q2
4 quarters
|
|
123
Nuveen Floating Rate Income Fund
JFR
$1.18B
| $103K | 0.01% |
10,000
-25,622
| -72% | -$264K |
2015 Q2
4 quarters
|
|
124
abrdn Global Dynamic Dividend Fund
AGD
$291M
| $99K | 0.01% |
+11,740
| New | +$100K |
2016 Q2
0 quarters
|
|
125
Royce Global Value Trust
RGT
$92.4M
| $96K | 0.01% |
12,685
-19,315
| -60% | -$146K |
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.