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Relative Value Partners Group, LLC

SEC CIK
0001649910
Latest filing
Jul 12, 2024

Holdings in Q2 2021

Holdings as of Jun 30, 2021, filed Aug 12, 2021. Long positions only; changes compare share counts with Q1 2021.

Institution overview
Positions
182
−17 vs. Q1 2021
Portfolio value
$1.29B
+$115.1M (+9.8%) vs. Q1 2021
Filed
Aug 12, 2021
SEC
Holdings of Relative Value Partners Group, LLC in Q2 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares S&P 100 ETF464287101ETF447,115$87.7M6.8%+17,146+4.0%Added–
Vanguard Morningstar Value ETF922908744ETF474,380$65.2M5.1%+4,132+0.9%Added–
Vanguard Morningstar Total Stock Market ETF922908769ETF245,652$54.7M4.3%+15,475+6.7%Added–
SPESpecial Opportunities Fund, Inc.COM3,572,795$54.2M4.2%+1,793,387+100.8%AddedHistory
iShares U.S. Treasury Bond ETF46429B267ETF1,938,246$51.6M4.0%+742,712+62.1%Added–
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833ETF467,024$47.6M3.7%+8,228+1.8%Added–
State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474ETF1,508,209$47.2M3.7%+73,312+5.1%Added–
Invesco Exchange Traded FD T46137V613RAFI US 1000 ETF285,594$45.8M3.6%+6,011+2.1%Added–
WisdomTree Tr97717X669US QTLY DIV GRT732,495$43.7M3.4%−585−0.1%Reduced–
NFJVirtus Dividend, Interest & Premium Strategy FundCOM2,305,433$34.7M2.7%−103,997−4.3%ReducedHistory
iShares Tr46429B366CMBS ETF637,184$34.6M2.7%+167,025+35.5%Added–
iShares S&P 500 Value ETF464287408ETF234,247$34.6M2.7%+14,422+6.6%Added–
BRWSaba Capital Income & Opportunities FundSHARES7,284,917$34.3M2.7%+7,284,917NewHistory
iShares Tr46436E7180-3 MTH TREASURY342,751$34.3M2.7%+74,757+27.9%Added–
iShares Tr4642874407-10 YR TRSY BD280,092$32.3M2.5%+168,598+151.2%Added–
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375ETF865,619$31.8M2.5%−10,730−1.2%Reduced–
EVVEaton Vance Ltd Duration Income FundCOM1,959,602$26.0M2.0%−715,397−26.7%ReducedHistory
Vanguard Ftse Developed Markets ETF921943858ETF468,959$24.2M1.9%+110,828+30.9%Added–
FRABlackRock Floating Rate Income Strategies Fund, Inc.COM1,739,449$23.0M1.8%+55,057+3.3%AddedHistory
iShares Tr46434VBA7IBONDS DEC22 ETF893,614$22.7M1.8%+210,195+30.8%Added–
CCIFCarlyle Credit Income FundSHS BEN INT1,825,367$19.7M1.5%−19,128−1.0%ReducedHistory
iShares Core S&P 500 ETF464287200ETF39,920$17.2M1.3%+16,337+69.3%Added–
BBDCBarings BDC, Inc.COM1,504,798$15.9M1.2%+29,560+2.0%AddedHistory
Vanguard Information Technology ETF92204A702ETF37,334$14.9M1.2%−1,104−2.9%Reduced–
EIMEaton Vance Municipal Bond FundCOM1,028,559$14.1M1.1%−502,765−32.8%ReducedHistory
EMFTempleton Emerging Markets FundCOM690,754$13.7M1.1%−27,590−3.8%ReducedHistory
TYTRI-CONTINENTAL CorpCOM398,666$13.6M1.1%−50,456−11.2%ReducedHistory
TPZTortoise Power & Energy Infrastructure Fund IncCOM983,110$13.5M1.0%+128,252+15.0%AddedHistory
Nuveen Intermediate Duration Quality Municipal Term Fund670677103COM809,119$12.2M0.9%−12,179−1.5%Reduced–
Vanguard Intl Equity Index F922042676GLB EX US ETF189,369$11.1M0.9%+10,423+5.8%Added–
JRINuveen Real Asset Income & Growth FundCOM683,049$11.0M0.9%−93,007−12.0%ReducedHistory
JLSNuveen Mortgage & Income FundCOM488,060$10.2M0.8%−1,980−0.4%ReducedHistory
WisdomTree Tr97717W588US LARGECAP FUND217,618$10.1M0.8%+2,104+1.0%Added–
GDLGDL FundCOM SH BEN IT1,073,634$9.74M0.8%+4,684+0.4%AddedHistory
AEFabrdn Emerging Markets ex-China Fund, Inc.COM1,071,727$9.70M0.8%+158,277+17.3%AddedHistory
Nuveen Corporate Incm Noveme67077N106COM898,590$8.48M0.7%+155,909+21.0%Added–
OCSLOaktree Specialty Lending CorpCOM1,061,026$7.10M0.6%+1,061,026NewHistory
LADRLadder Capital CorpCL A589,158$6.92M0.5%−8,977−1.5%ReducedHistory
iShares Core MSCI Eafe ETF46432F842ETF89,893$6.73M0.5%+25,305+39.2%Added–
iShares Russell 1000 Value ETF464287598ETF41,470$6.58M0.5%+7,697+22.8%Added–
NADNuveen Quality Municipal Income FundCOM381,031$6.13M0.5%−204,068−34.9%ReducedHistory
iShares Core MSCI Emerging Markets ETF46434G103ETF88,998$5.96M0.5%+4,376+5.2%Added–
iShares U S ETF Tr46431W507SHOR DURA BD ETF117,753$5.91M0.5%+117,753New–
EVGEaton Vance Short Duration Diversified Income FundCOM442,149$5.87M0.5%−930,381−67.8%ReducedHistory
Vanguard Morningstar Small-Cap Value ETF922908611ETF32,948$5.72M0.4%+11,745+55.4%Added–
GPMTGranite Point Mortgage Trust Inc.COM STK386,783$5.71M0.4%−413−0.1%ReducedHistory
iShares Tr4642886613 7 YR TREAS BD41,575$5.43M0.4%−994−2.3%Reduced–
TRTXTPG RE Finance Trust, Inc.COM395,924$5.40M0.4%+23,133+6.2%AddedHistory
BRSPBrightSpire Capital, Inc.COM CL A538,579$5.13M0.4%+538,579NewHistory
SPDR Index Shs FDS78463X533ST MAR DIVID ETF164,878$4.94M0.4%+9,680+6.2%Added–
iShares MSCI USA Quality Factor ETF46432F339ETF35,733$4.75M0.4%−1,089−3.0%Reduced–
Vanguard Short-Term Bond ETF921937827ETF56,842$4.67M0.4%−2,976−5.0%Reduced–
WIAWestern Asset Inflation-Linked Income FundCOM SH BEN INT326,770$4.58M0.4%−266,642−44.9%ReducedHistory
Vanguard Scottsdale FDS92206C706INTER TERM TREAS64,443$4.37M0.3%+64,443New–
FOCSFocus Financial Partners Inc.COM CL A89,839$4.36M0.3%−1,450−1.6%ReducedHistory
PNNTPennantpark Investment CorpCOM628,263$4.27M0.3%+587,519+1,442.0%AddedHistory
EBCEastern Bankshares, Inc.COM206,000$4.24M0.3%−500−0.2%ReducedHistory
EQCEQC Liquidating TrustCOM SH BEN INT156,633$4.10M0.3%+37,925+31.9%AddedHistory
GBDCGolub Capital BDC, Inc.COM261,835$4.04M0.3%+7,119+2.8%AddedHistory
KMIKinder Morgan, Inc.Stock216,954$3.96M0.3%+30,867+16.6%AddedHistory
iShares Core S&P Mid-Cap ETF464287507ETF14,402$3.87M0.3%+5,297+58.2%Added–
AODabrdn Total Dynamic Dividend FundCOM SH BEN INT377,168$3.84M0.3%−771−0.2%ReducedHistory
Vanguard Morningstar Small-Cap ETF922908751ETF16,812$3.79M0.3%+7,760+85.7%Added–
First Tr Sr Floating Rate 2033740K101COM SHS386,236$3.68M0.3%−9,722−2.5%Reduced–
PFLTPennantPark Floating Rate Capital Ltd.COM266,223$3.41M0.3%−35,379−11.7%ReducedHistory
Eaton Vance 2021 Target TRM27829W101COM SHS BEN INT338,226$3.33M0.3%+77,970+30.0%Added–
ARCCAres Capital CorpCEF164,188$3.22M0.3%−151,246−47.9%ReducedHistory
MIECohen & Steers MLP Income & Energy Opportunity FundCOM SHS786,483$3.20M0.2%+428,333+119.6%AddedHistory
BRTBRT Apartments Corp.COM178,818$3.14M0.2%+9,392+5.5%AddedHistory
Guggenheim Enhanced Equity I40167B100COM356,543$3.07M0.2%−56,766−13.7%Reduced–
VMRKVivmark ResidentialSH BEN INT38,977$3.02M0.2%−930−2.3%ReducedHistory
ACREAres Commercial Real Estate CorpCOM179,090$2.69M0.2%−117,647−39.6%ReducedHistory
IGDVoya GLOBAL EQUITY DIVIDEND & PREMIUM OPPORTUNITY FUNDCOM446,644$2.66M0.2%−384,199−46.2%ReducedHistory
Macquarie Global Infrastruct55608D101COM113,266$2.61M0.2%+99,827+742.8%Added–
MFLBlackRock Muniholdings Investment Quality FundCOM169,636$2.51M0.2%−65,642−27.9%ReducedHistory
iShares Tr46432F388MSCI USA VALUE23,742$2.49M0.2%+5,238+28.3%Added–
PGZPrincipal Real Estate Income FundSHS BEN INT154,506$2.34M0.2%+154,506NewHistory
iShares Russell 1000 Growth ETF464287614ETF8,508$2.31M0.2%+198+2.4%Added–
JMMNuveen Multi-Market Income FundCOM300,445$2.25M0.2%+48,709+19.3%AddedHistory
iShares S&P Small-Cap 600 Value ETF464287879ETF19,362$2.04M0.2%+4,298+28.5%Added–
Vanguard Scottsdale FDS92206C730VNG RUS1000IDX10,044$2.02M0.2%−103−1.0%Reduced–
MSFTMicrosoft CorpStock7,435$2.01M0.2%+56+0.8%AddedHistory
BGTBlackRock Floating Rate Income TrustCOM151,260$1.95M0.2%−8,969−5.6%ReducedHistory
Global X FDS37954Y483NASDAQ 100 COVER81,419$1.83M0.1%+40,843+100.7%Added–
iShares Tr464288521CRE U S REIT ETF31,268$1.82M0.1%+11,357+57.0%Added–
Monmouth Real Estate Investment Corp609720107CL A95,719$1.79M0.1%−2,949−3.0%Reduced–
IAUiShares Gold TrustETF52,297$1.76M0.1%+965+1.9%AddedConverted for a 1-for-2 splitHistory
SPDR Series Trust78464A763ST STR SP DIV11,502$1.41M0.1%+500+4.5%Added–
First Tr Exchange-Traded FD33738D101NO AMER ENERGY53,270$1.30M0.1%+24,724+86.6%Added–
WisdomTree Tr97717X578EM EX ST-OWNED30,219$1.27M0.1%+30,219New–
EFTEaton Vance Floating-Rate Income TrustCOM87,518$1.26M0.1%−169,502−65.9%ReducedHistory
iShares Tr464288687PFD AND INCM SEC31,401$1.24M0.1%+15,229+94.2%Added–
RYNRayonier IncCOM31,681$1.14M0.1%+31,681NewHistory
iShares MSCI Eafe ETF464287465ETF13,514$1.07M0.1%−401−2.9%Reduced–
VanEck ETF Trust92189F106GOLD MINERS ETF31,088$1.06M0.1%+8,145+35.5%Added–
INTCIntel CorpStock18,100$1.02M0.1%−201−1.1%ReducedHistory
LLoews CorpCOM18,541$1.01M0.1%00.0%UnchangedHistory
Vanguard Malvern FDS922020805STRM INFPROIDX18,723$981.0K0.1%+288+1.6%Added–
TSITCW Strategic Income Fund IncCOM152,516$912.0K0.1%−125,133−45.1%ReducedHistory
SPYSPDR S&P 500 ETF TrustETF2,120$910.0K0.1%−907−30.0%ReducedHistory

Sold out since Q1 2021 (31)

Positions held at the end of Q1 2021 that are gone from this filing.

Positions of Relative Value Partners Group, LLC sold out since Q1 2021
SecurityClassShares in Q1 2021Value in Q1 2021% of portfolio in Q1 2021History
Voya Prime Rate Tr92913A100SH BEN INT4,941,121$22.9M2.0%–
FCTFirst Trust Senior Floating Rate Income Fund IICOM913,981$11.2M1.0%History
Oaktree Strategic Income Corp67402D104COMMON STOCK1,098,313$6.81M0.6%–
MINAberdeen Intermediate Income FundSH BEN INT1,712,485$6.37M0.5%History
MGFAberdeen Government Markets Income FundSH BEN INT912,570$4.01M0.3%History
Colony CR Real Estate Inc19625T101COM CL A439,002$3.78M0.3%–
BXMTBlackstone Mortgage Trust, Inc.COM CL A88,770$2.81M0.2%History
BXMXNuveen S&P 500 BuyWrite Income FundCOM190,633$2.66M0.2%History
Waddell & Reed Finl Inc930059100CL A102,181$2.56M0.2%–
Eaton Vance FLTG Rate Incom278284104COM SHS BEN INT149,048$2.43M0.2%–
ACELAccel Entertainment, Inc.COM CL A1136,314$1.49M0.1%History
XRAYDentsply Sirona Inc.Stock14,250$911.0K0.1%History
FGBFirst Trust Specialty Finance & Financial Opportunities FundCOM BEN INTR225,308$899.0K0.1%History
INFOIHS Markit Ltd.SHS8,560$828.0K0.1%History
CSXCSX CorpStock8,553$825.0K0.1%History
BDJBlackRock Enhanced Equity Dividend TrustCOM76,997$728.0K0.1%History
PMPhilip Morris International Inc.Stock7,707$693.0K0.1%History
CLXClorox CoStock3,400$656.0K0.1%History
MOAltria Group, Inc.Stock9,861$513.0K<0.1%History
NIMNuveen Select Maturities Municipal FundSH BEN INT43,613$467.0K<0.1%History
SWKStanley Black & Decker, Inc.COM2,200$439.0K<0.1%History
PPGPPG Industries IncStock2,400$361.0K<0.1%History
WUWestern Union COStock12,000$296.0K<0.1%History
BBWIBath & Body Works, Inc.COM4,620$286.0K<0.1%History
MDLZMondelez International, Inc.Stock4,810$283.0K<0.1%History
LGILazard Global Total Return & Income Fund IncCOM14,155$272.0K<0.1%History
J P Morgan Exchange-Traded FD46641G654ULTRA SHT MUNCPL5,000$255.0K<0.1%–
IBMInternational Business Machines CorpStock1,532$204.0K<0.1%History
Nuveen New York Mun Value FD670706100COM10,956$161.0K<0.1%–
VVRInvesco Senior Income TrustCOM22,350$94.0K<0.1%History
CEMIChembio Diagnostics, Inc.COM NEW13,991$49.0K<0.1%History