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 | |
|---|---|---|---|---|---|---|---|
1
iShares S&P 100 ETF
OEF
$20.6B
| $63.3M | 9.19% |
681,351
-51,274
| -7% | -$4.73M |
2015 Q2
4 quarters
|
|
|
MCR
2
DELISTED
MFS Charter Income Trust
MCR
| $36.4M | 5.28% |
4,329,781
-201,252
| -4% | -$1.67M |
2015 Q2
4 quarters
|
|
|
3
BlackRock Floating Rate Income Strategies Fund
FRA
$360M
| $32.9M | 4.77% |
2,510,665
+881,888
| +54% | +$11.6M |
2015 Q2
4 quarters
|
|
4
Nuveen Mortgage and Income Fund
JLS
$89.5M
| $31.9M | 4.63% |
1,387,588
+8,186
| +0.6% | +$187K |
2015 Q3
3 quarters
|
|
5
TRI-Continental Corp
TY
$1.85B
| $31.7M | 4.6% |
1,543,390
-238,878
| -13% | -$4.83M |
2015 Q2
4 quarters
|
|
6
Eaton Vance Limited Duration Income Fund
EVV
$956M
| $29.6M | 4.29% |
2,218,471
-223,088
| -9% | -$2.95M |
2015 Q2
4 quarters
|
|
|
7
BlackRock Credit Allocation Income Trust
BTZ
$872M
| $29.3M | 4.25% |
2,264,476
-1,408,555
| -38% | -$17.9M |
2015 Q2
4 quarters
|
|
8
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.69B
| $28.8M | 4.18% |
3,680,179
-595,335
| -14% | -$4.55M |
2015 Q2
4 quarters
|
|
9
Special Opportunities Fund
SPE
$136M
| $28.5M | 4.14% |
2,173,291
-244,531
| -10% | -$3.15M |
2015 Q2
4 quarters
|
|
10
TCW Strategic Income Fund
TSI
$268M
| $28.3M | 4.11% |
5,203,924
-777,333
| -13% | -$4.12M |
2015 Q2
4 quarters
|
|
11
Vanguard Total Bond Market
BND
$162B
| $27M | 3.93% |
322,120
+7,384
| +2% | +$614K |
2015 Q2
4 quarters
|
|
|
MIN
12
Aberdeen Intermediate Income Fund
MIN
$266M
| $21M | 3.05% |
760,685
-174,249
| -19% | -$4.82M |
2015 Q2
4 quarters
|
|
13
Vanguard Morningstar Total Stock Market ETF
VTI
$693B
| $20.1M | 2.92% |
187,611
-4,005
| -2% | -$424K |
2015 Q2
4 quarters
|
|
14
Invesco FTSE RAFI US 1000 ETF
PRF
$9.98B
| $16.9M | 2.45% |
933,190
+3,005
| +0.3% | +$53.9K |
2016 Q1
1 quarter
|
|
|
15
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
$545M
| $15.7M | 2.28% |
1,626,477
-984,757
| -38% | -$9.51M |
2015 Q2
4 quarters
|
|
|
16
Virtus Total Return Fund
ZTR
$310M
| $15.2M | 2.2% |
1,274,728
-1,028,465
| -45% | -$12.4M |
2015 Q2
4 quarters
|
|
17
Royce Value Trust
RVT
$2.03B
| $13.6M | 1.98% |
1,158,876
-175,370
| -13% | -$2.07M |
2015 Q2
4 quarters
|
|
|
DRA
18
DELISTED
Diversified Real Asset Income Fd
DRA
| $13.4M | 1.94% |
814,767
-228,562
| -22% | -$3.68M |
2015 Q2
4 quarters
|
|
|
19
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$17.1B
| $13.2M | 1.91% |
418,078
+114,274
| +38% | +$3.57M |
2015 Q2
4 quarters
|
|
|
MGF
20
Aberdeen Government Markets Income Fund
MGF
$87.3M
| $11.5M | 1.67% |
428,423
-71,474
| -14% | -$1.91M |
2015 Q2
4 quarters
|
|
21
Liberty All-Star Equity Fund
USA
$1.81B
| $11M | 1.59% |
2,236,248
-48,102
| -2% | -$240K |
2015 Q2
4 quarters
|
|
|
GFY
22
DELISTED
Western Asset Variable Rate Strategic Fund, Inc
GFY
| $10.2M | 1.47% |
655,576
-170,867
| -21% | -$2.65M |
2015 Q2
4 quarters
|
|
23
BlackRock Limited Duration Income Trust
BLW
$454M
| $9.91M | 1.44% |
653,437
-157,633
| -19% | -$2.36M |
2015 Q2
4 quarters
|
|
24
Alerian MLP ETF
AMLP
$12.6B
| $9.41M | 1.37% |
147,949
-1,524
| -1% | -$91.8K |
2015 Q2
4 quarters
|
|
25
Vanguard Information Technology ETF
VGT
$151B
| $9.1M | 1.32% |
680,120
-9,504
| -1% | -$128K |
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.