MELFA WEALTH MANAGEMENT LLC's Q1 2023 13F: 5 new positions, 5 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed Apr 20, 2023 · 137 reported positions · accession 0001951757-23-000193
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | BLACKROCK INCOME TR INC (BKT) | 2.9% | 3.9% | +1.0 pts | +84,902 sh | +38% |
| Increased | MFS HIGH YIELD MUN TR (CMU) | 0.1% | 0.5% | +0.4 pts | +126K sh | +542% |
| Increased | EXXON MOBIL CORP (XOM) | 1.6% | 1.9% | +0.3 pts | +3,250 sh | +23% |
| Exited | NUVEEN INTER DURATION MUN TE (NID) | 0.3% | — | −0.3 pts | −23,174 sh | −100% |
| Increased | EATON VANCE MUNI INCOME TRUS (EVN) | 4.2% | 4.5% | +0.2 pts | +31,365 sh | +8% |
| Exited | DELAWARE IVY HIGH INCOME OPP (IVH) | 0.3% | — | −0.3 pts | −25,251 sh | −100% |
| New | ABRDN INCOME CREDIT STRATEGI (ACP) | — | 0.3% | +0.3 pts | +40,814 sh | new |
| Increased | DIMENSIONAL ETF TRUST (DFSV) | 0.4% | 0.7% | +0.3 pts | +10,833 sh | +68% |
| New | BLACKROCK TAX MUNICPAL BD TR (BBN) | — | 0.3% | +0.3 pts | +14,750 sh | new |
| New | AT&T INC (T) | — | 0.2% | +0.2 pts | +11,087 sh | new |
| New | BLACKROCK MUN TARGET TERM TR (BTT) | — | 0.2% | +0.2 pts | +9,234 sh | new |
| Exited | NUVEEN SHORT DURATION CR OPP (JSD) | 0.2% | — | −0.2 pts | −12,665 sh | −100% |
| New | PIMCO CALIF MUN INCOME FD (PCQ) | — | 0.2% | +0.2 pts | +14,898 sh | new |
| Reduced | DIMENSIONAL ETF TRUST (DFAC) | 8.0% | 7.9% | −0.1 pts | −5,701 sh | −2% |
| Reduced | BLACKROCK CALIF MUN INCOME T (BFZ) | 1.2% | 1.0% | −0.1 pts | −12,341 sh | −12% |
| Increased | INVESCO HIGH INCOME TR II (VLT) | 0.7% | 0.8% | +0.1 pts | +13,097 sh | +21% |
| Reduced | BLACKROCK MUNIHOLDINGS FD IN (MHD) | 2.7% | 2.5% | −0.2 pts | −9,227 sh | −4% |
| Increased | DELAWARE INVTS NATL MUN INCO (VFL) | 0.2% | 0.3% | +0.1 pts | +10,294 sh | +69% |
| Reduced | VIRTUS CONVERTIBLE & INCOME (NCV) | 0.2% | 0.1% | −0.1 pts | −32,499 sh | −47% |
| Reduced | WESTERN ASSET MUN PARTNERS F (MNP) | 0.9% | 0.8% | −0.1 pts | −8,932 sh | −12% |
| Increased | PIMCO NEW YORK MUN INCOME FD (PNF) | 0.4% | 0.5% | +0.1 pts | +12,586 sh | +27% |
| Reduced | PIONEER MUNICIPAL HIGH INCOM (MAV) | 0.4% | 0.3% | −0.1 pts | −12,269 sh | −26% |
| Reduced | ALLIANCEBERNSTEIN NATL MUN I (AFB) | 0.7% | 0.6% | −0.1 pts | −8,951 sh | −15% |
| Increased | BNY MELLON STRATEGIC MUNS IN (LEO) | 0.1% | 0.2% | +0.1 pts | +15,408 sh | +68% |
| Reduced | NEUBERGER BERMAN N Y MUN FD (NBO) | 0.2% | 0.1% | −0.1 pts | −9,900 sh | −47% |
| Reduced | MFS INVT GRADE MUN TR (CXH) | 0.6% | 0.5% | −0.1 pts | −12,527 sh | −16% |
| Exited | BLACKROCK INNOVATION AND GRW (BTX) | 0.1% | — | −0.1 pts | −12,950 sh | −100% |
| Increased | BLACKROCK MUN INCOME TR (BFK) | 1.0% | 1.1% | +0.1 pts | +8,804 sh | +9% |
| Exited | PIMCO NEW YORK MUN INCOME FD (PYN) | 0.1% | — | −0.1 pts | −12,290 sh | −100% |
| Reduced | BLACKROCK FLOATING RATE INC (BGT) | 1.5% | 1.4% | −0.1 pts | −5,638 sh | −4% |
| Reduced | PGIM GLOBAL HIGH YIELD FD FO (GHY) | 0.5% | 0.5% | −0.1 pts | −5,640 sh | −12% |
| Increased | BLACKROCK MUNIASSETS FD INC (MUA) | 0.9% | 0.9% | 0.0 pts | +5,817 sh | +8% |
| Increased | BLACKROCK MUNIYIELD QUALITY (MQT) | 0.1% | 0.2% | 0.0 pts | +5,116 sh | +47% |
| Increased | PUTNAM MUN OPPORTUNITIES TR (PMO) | 5.4% | 5.0% | −0.4 pts | +5,114 sh | +1% |
| Reduced | BLACKROCK DEBT STRATEGIES FD (DSU) | 0.6% | 0.5% | −0.1 pts | −5,503 sh | −9% |
| Reduced | EATON VANCE FLTING RATE INC (EFT) | 0.4% | 0.4% | −0.1 pts | −4,546 sh | −12% |
| Reduced | BLACKROCK FLOATING RATE INCO (FRA) | 0.9% | 0.8% | −0.1 pts | −4,186 sh | −6% |
| Reduced | EATON VANCE MUN INCOME 2028 (ETX) | 0.4% | 0.4% | −0.1 pts | −2,504 sh | −11% |
| Increased | PUTNAM MANAGED MUN INCOME TR (PMM) | 0.6% | 0.6% | 0.0 pts | +7,226 sh | +8% |
| Reduced | BLACKROCK MUNIVEST FD II INC (MVT) | 0.5% | 0.4% | −0.1 pts | −3,954 sh | −9% |
| Increased | BLACKROCK INVT QUALITY MUN T (BKN) | 0.2% | 0.3% | 0.0 pts | +3,046 sh | +16% |
| Reduced | DIMENSIONAL ETF TRUST (DFUV) | 2.7% | 2.5% | −0.2 pts | −1,091 sh | −1% |
| Reduced | EATON VANCE SHORT DURATION D (EVG) | 0.3% | 0.3% | 0.0 pts | −3,477 sh | −12% |
| Increased | DIMENSIONAL ETF TRUST (DFAU) | 1.9% | 2.0% | +0.1 pts | +1,217 sh | +2% |
| Increased | BLACKROCK MUNICIPAL INCOME (MUI) | 1.2% | 1.2% | 0.0 pts | +2,894 sh | +3% |
| Reduced | DIMENSIONAL ETF TRUST (DFAX) | 1.8% | 1.8% | 0.0 pts | −1,395 sh | −2% |
| Increased | ABRDN ASIA PACIFIC INCOME FU (FAX) | 0.1% | 0.1% | 0.0 pts | +10,500 sh | +28% |
| Reduced | INVESCO MUNI INCOME OPP TRST (OIA) | 0.5% | 0.5% | 0.0 pts | −3,566 sh | −5% |
| Reduced | NUVEEN MUN CR OPPORTUNITIES (NMCO) | 0.5% | 0.4% | 0.0 pts | −1,839 sh | −5% |
| Reduced | NUVEEN MUN VALUE FD INC (NUV) | 0.4% | 0.4% | 0.0 pts | −2,331 sh | −5% |
The 50 largest of 122 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 37.0% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | DIMENSIONAL ETF TRUST (DFAC) | 8.0% | 7.9% | |
| 2 | PUTNAM MUN OPPORTUNITIES TR (PMO) | 5.4% | 5.0% | |
| 3 | EATON VANCE MUNI INCOME TRUS (EVN) | 4.2% | 4.5% | |
| 4 | BLACKROCK INCOME TR INC (BKT) | 2.9% | 3.9% | |
| 5 | APPLE INC (AAPL) | 3.0% | 3.6% | |
| 6 | BLACKROCK MUNIYIELD QUALITY (MYI) | 2.6% | 2.5% | |
| 7 | DIMENSIONAL ETF TRUST (DFUV) | 2.7% | 2.5% | |
| 8 | BLACKROCK MUNIHOLDINGS FD IN (MHD) | 2.7% | 2.5% | |
| 9 | BLACKROCK MUNIYILD QULT FD I (MQY) | 2.5% | 2.4% | |
| 10 | NUVEEN AMT FREE MUN CR INC F (NVG) | 2.4% | 2.2% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).