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Relative Value Partners Group, LLC

SEC CIK
0001649910
Latest filing
Jul 12, 2024

Holdings in Q2 2023

Holdings as of Jun 30, 2023, filed Aug 11, 2023. Long positions only; changes compare share counts with Q1 2023.

Institution overview
Positions
241
−3 vs. Q1 2023
Portfolio value
$1.55B
+$82.4M (+5.6%) vs. Q1 2023
Filed
Aug 11, 2023
SEC
Holdings of Relative Value Partners Group, LLC in Q2 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
Vanguard Morningstar Value ETF922908744ETF607,904$86.4M5.6%−589−0.1%Reduced–
iShares S&P 100 ETF464287101ETF410,837$85.1M5.5%−6,625−1.6%Reduced–
Vanguard Morningstar Total Stock Market ETF922908769ETF315,169$69.4M4.5%+472+0.1%Added–
Vanguard Scottsdale FDS92206C706INTER TERM TREAS1,120,810$65.7M4.2%+22,238+2.0%Added–
iShares Core S&P 500 ETF464287200ETF146,850$65.5M4.2%+13,065+9.8%Added–
iShares Tr4642874407-10 YR TRSY BD536,676$51.8M3.3%+516+0.1%Added–
WisdomTree Tr97717X669US QTLY DIV GRT740,213$49.3M3.2%+8,984+1.2%Added–
Invesco Exchange Traded FD T46137V613RAFI US 1000 ETF292,653$47.9M3.1%−2,408−0.8%Reduced–
iShares U.S. Treasury Bond ETF46429B267ETF1,840,106$42.1M2.7%+27,006+1.5%Added–
iShares S&P 500 Value ETF464287408ETF235,187$37.9M2.4%−5,390−2.2%Reduced–
State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474ETF1,217,197$35.8M2.3%−908−0.1%Reduced–
Vanguard Scottsdale FDS92206C102SHORT TERM TREAS620,506$35.8M2.3%+33,464+5.7%Added–
SPE.PCSpecial Opportunities Fund, Inc.2.75% CNV PFD C1,358,657$31.1M2.0%−24,044−1.7%ReducedHistory
American Centy ETF Tr025072877US SML CP VALU388,932$30.2M2.0%+71,850+22.7%Added–
Vanguard Mortgage-Backed Securities ETF92206C771ETF647,484$29.8M1.9%+484,822+298.1%Added–
Janus Detroit STR Tr47103U845HENDRSON AAA CL578,471$28.8M1.9%+61,205+11.8%Added–
iShares Core MSCI Eafe ETF46432F842ETF376,322$25.4M1.6%+35,700+10.5%Added–
Dimensional ETF Trust25434V807INTERNATNAL VAL763,227$25.1M1.6%−638−0.1%Reduced–
iShares Russell 1000 Value ETF464287598ETF156,420$24.7M1.6%+17,750+12.8%Added–
iShares Tr464288646ISHS 1-5YR INVS464,548$23.3M1.5%+16,555+3.7%Added–
Vanguard Ftse Developed Markets ETF921943858ETF474,826$21.9M1.4%+6,586+1.4%Added–
NFJVirtus Dividend, Interest & Premium Strategy FundCOM1,584,438$19.3M1.3%−76,741−4.6%ReducedHistory
iShares Core S&P Mid-Cap ETF464287507ETF73,364$19.2M1.2%+73,364New–
SPESpecial Opportunities Fund, Inc.COM1,691,718$19.0M1.2%−18,119−1.1%ReducedHistory
Vanguard Morningstar Small-Cap Value ETF922908611ETF105,900$17.5M1.1%+2,305+2.2%Added–
BRWSaba Capital Income & Opportunities FundSHS NEW2,173,328$16.7M1.1%−17,776−0.8%ReducedHistory
iShares Core S&P Small Cap ETF464287804ETF167,333$16.7M1.1%−1,188−0.7%Reduced–
CCIFCarlyle Credit Income FundSHS BEN INT1,651,801$16.4M1.1%−20,854−1.2%ReducedHistory
FRABlackRock Floating Rate Income Strategies Fund, Inc.COM1,217,521$14.9M1.0%−112,369−8.4%ReducedHistory
Vanguard Information Technology ETF92204A702ETF29,194$12.9M0.8%+84+0.3%Added–
iShares Core MSCI Emerging Markets ETF46434G103ETF254,670$12.6M0.8%+16,629+7.0%Added–
TPZTortoise Power & Energy Infrastructure Fund IncCOM889,265$11.7M0.8%−20,004−2.2%ReducedHistory
BBDCBarings BDC, Inc.COM1,419,558$11.1M0.7%−50,376−3.4%ReducedHistory
WisdomTree Tr97717W281EMG MKTS SMCAP237,092$11.0M0.7%+120+0.1%Added–
SPYSPDR S&P 500 ETF TrustETF23,143$10.3M0.7%−1,103−4.5%ReducedHistory
iShares Tr464288414NATIONAL MUN ETF95,882$10.2M0.7%−2,585−2.6%Reduced–
iShares S&P Small-Cap 600 Value ETF464287879ETF93,709$8.91M0.6%+3,616+4.0%Added–
Vanguard Short-Term Bond ETF921937827ETF113,302$8.56M0.6%−58,275−34.0%Reduced–
Dimensional ETF Trust25434V781INTL SMALL CAP V357,191$8.45M0.5%+34,590+10.7%Added–
WisdomTree Tr97717W588US LARGECAP FUND179,197$8.37M0.5%−7,253−3.9%Reduced–
iShares Tr464287150CORE S&P TTL STK84,970$8.31M0.5%−255−0.3%Reduced–
MCDMcDonalds CorpStock26,956$8.04M0.5%+80.0%AddedHistory
FOCSFocus Financial Partners Inc.COM CL A152,196$7.99M0.5%−10,379−6.4%ReducedHistory
JLSNuveen Mortgage & Income FundCOM484,637$7.81M0.5%−8,743−1.8%ReducedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF188,136$7.65M0.5%+1,583+0.8%Added–
iShares Tr46432F388MSCI USA VALUE78,609$7.37M0.5%+13,830+21.3%Added–
LADRLadder Capital CorpCL A674,859$7.32M0.5%−14,443−2.1%ReducedHistory
GDLGDL FundCOM SH BEN IT923,599$7.25M0.5%−37,825−3.9%ReducedHistory
iShares Tr46434VBG4IBONDS DEC24 ETF291,896$7.19M0.5%−25,161−7.9%Reduced–
ECATBlackRock ESG Capital Allocation Term TrustSHS BEN INT453,941$7.11M0.5%−67,924−13.0%ReducedHistory
TYTRI-CONTINENTAL CorpCOM249,245$6.83M0.4%−6,863−2.7%ReducedHistory
Vanguard Intermediate-Term Corporate Bond ETF92206C870ETF84,105$6.65M0.4%+4,044+5.1%Added–
CCAPCrescent Capital BDC, Inc.COM430,397$6.52M0.4%−3,648−0.8%ReducedHistory
iShares Tr46436E7180-3 MTH TREASURY64,474$6.49M0.4%+1,859+3.0%Added–
JRINuveen Real Asset Income & Growth FundCOM517,363$5.91M0.4%−19,339−3.6%ReducedHistory
EMFTempleton Emerging Markets FundCOM484,840$5.74M0.4%−52,083−9.7%ReducedHistory
TRTXTPG RE Finance Trust, Inc.COM755,271$5.60M0.4%+4,660+0.6%AddedHistory
iShares Tr4642886613 7 YR TREAS BD47,868$5.52M0.4%+469+1.0%Added–
iShares Tr464288521CRE U S REIT ETF104,815$5.39M0.3%+4,452+4.4%Added–
KMIKinder Morgan, Inc.Stock307,013$5.29M0.3%−9,187−2.9%ReducedHistory
BRSPBrightSpire Capital, Inc.COM CL A761,518$5.13M0.3%+17,827+2.4%AddedHistory
iShares Tr464288158SHRT NAT MUN ETF47,149$4.91M0.3%+47,149New–
CMGChipotle Mexican Grill IncCOM2,179$4.66M0.3%+2+0.1%AddedHistory
GBDCGolub Capital BDC, Inc.COM332,906$4.49M0.3%−64,462−16.2%ReducedHistory
Dimensional ETF Trust25434V849NATL MUN BD ETF93,734$4.46M0.3%−19,296−17.1%Reduced–
FCTFirst Trust Senior Floating Rate Income Fund IICOM433,841$4.30M0.3%+92,856+27.2%AddedHistory
AAPLApple Inc.Stock21,453$4.16M0.3%−753−3.4%ReducedHistory
ACREAres Commercial Real Estate CorpCOM404,553$4.11M0.3%+33,956+9.2%AddedHistory
BXMTBlackstone Mortgage Trust, Inc.COM CL A193,822$4.03M0.3%+193,822NewHistory
MSFTMicrosoft CorpStock11,649$3.97M0.3%−3,158−21.3%ReducedHistory
APOApollo Global Management, Inc.COM50,000$3.84M0.2%00.0%UnchangedHistory
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375ETF118,950$3.82M0.2%−3,897−3.2%Reduced–
KOCoca Cola CoStock61,526$3.71M0.2%00.0%UnchangedHistory
iShares Tr464287622RUS 1000 ETF15,076$3.67M0.2%+26+0.2%Added–
GUGGuggenheim Active Allocation FundCOMMON STOCK249,718$3.59M0.2%−11,094−4.3%ReducedHistory
EQCEQC Liquidating TrustCOM SH BEN INT176,319$3.57M0.2%−24,779−12.3%ReducedHistory
WDIWestern Asset Diversified Income Fund (WDI)COM SHS BEN INT253,464$3.41M0.2%−68,792−21.3%ReducedHistory
Dimensional ETF Trust25434V815US SMALL CAP ETF129,839$3.34M0.2%+28,256+27.8%Added–
Vanguard Star FDS921909768VG TL INTL STK F58,328$3.27M0.2%+190+0.3%Added–
XYLXylem Inc.COM28,967$3.26M0.2%00.0%UnchangedHistory
ASGIabrdn Global Infrastructure Income FundCOM SHS BEN INT180,924$3.22M0.2%−14,754−7.5%ReducedHistory
First Tr Exchange-Traded FD33738D101NO AMER ENERGY118,780$3.21M0.2%+530+0.4%Added–
BCATBlackRock Capital Allocation Term TrustCOM208,756$3.18M0.2%−203,008−49.3%ReducedHistory
MDYSPDR S&P Midcap 400 ETF TrustETF6,467$3.10M0.2%00.0%UnchangedHistory
iShares Tr46434V464LOW CA OP MS ETF19,313$3.02M0.2%+184+1.0%Added–
BRTBRT Apartments Corp.COM152,430$3.02M0.2%−7,911−4.9%ReducedHistory
IAUiShares Gold TrustETF82,937$3.02M0.2%−177−0.2%ReducedHistory
iShares MSCI Eafe ETF464287465ETF41,313$3.00M0.2%−1,947−4.5%Reduced–
GPMTGranite Point Mortgage Trust Inc.COM STK564,104$2.99M0.2%−169,915−23.1%ReducedHistory
AEFabrdn Emerging Markets ex-China Fund, Inc.COM553,070$2.87M0.2%−32,577−5.6%ReducedHistory
iShares Tr46436E874IBONDS 24 TRM TS118,284$2.82M0.2%−28,258−19.3%Reduced–
SBUXStarbucks CorpStock27,744$2.75M0.2%+10.0%AddedHistory
iShares Russell 1000 Growth ETF464287614ETF9,612$2.65M0.2%−104−1.1%Reduced–
NMLNeuberger Energy Infrastructure & Income Fund Inc.COM368,677$2.54M0.2%−19,889−5.1%ReducedHistory
FTHYFirst Trust High Yield Opportunities 2027 Term FundCOM184,312$2.53M0.2%−22,658−10.9%ReducedHistory
SDHYPGIM Short Duration High Yield Opportunities FundCOM168,584$2.51M0.2%−27,361−14.0%ReducedHistory
iShares MSCI USA Quality Factor ETF46432F339ETF18,539$2.50M0.2%−697−3.6%Reduced–
EBCEastern Bankshares, Inc.COM201,500$2.47M0.2%−300−0.1%ReducedHistory
Dimensional ETF Trust25434V872CORE FIXE IN ETF57,654$2.41M0.2%+9,049+18.6%Added–
Bondbloxx ETF Trust09789C861BLOOMBERG ONE YR47,523$2.36M0.2%+39,773+513.2%Added–

Sold out since Q1 2023 (11)

Positions held at the end of Q1 2023 that are gone from this filing.

Positions of Relative Value Partners Group, LLC sold out since Q1 2023
SecurityClassShares in Q1 2023Value in Q1 2023% of portfolio in Q1 2023History
Nuveen Intermediate Duration Quality Municipal Term Fund670677103COM522,852$6.68M0.5%–
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF55,436$5.82M0.4%–
PNNTPennantpark Investment CorpCOM1,059,861$5.60M0.4%History
iShares Tr46429B366CMBS ETF27,658$1.28M0.1%–
PIMCO Active Bond Exchange-Traded Fund72201R775ETF4,034$374.2K<0.1%–
iShares Tr464288448INTL SEL DIV ETF9,707$266.8K<0.1%–
iShares Tr46434VAX8IBONDS DEC23 ETF9,390$236.5K<0.1%–
CTVACorteva, Inc.Stock3,444$207.7K<0.1%History
IBTXIndependent Bank Group, Inc.COM4,455$206.5K<0.1%History
Schwab International Equity ETF808524805ETF5,912$205.7K<0.1%–
ETJEaton Vance Risk-Managed Diversified Equity Income FundCOM12,742$101.3K<0.1%History