McGowan Group Asset Management, Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), McGowan Group Asset Management, Inc. reported 102 stock positions worth $703.5 million. Its top holding was General MNY MKT Fund at 9.7% of the portfolio, followed by Nuveen Global High Income (JGH, 7.2%) and Alliancebernstein GL Hi (XAWFX, 7.2%). Compared with Q1 2024, it opened 6 new positions, sold out of 11, added to 54 and reduced 31. The biggest buy was General MNY MKT Fund (shares +80%) and the biggest sale an exit from Global X MLP ETF (MLPA).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001633227
Portfolio Value
$703.5M (Q2 2024)
SEC Filing
0001633227-24-000003 ↗ filed Aug 14, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $678.1M Q1 2024 Q2 2024: $703.5M $703.5M Q2 2024 Q3 2024: $745.3M Q3 2024 Q4 2024: $734.1M Q4 2024 Q1 2025: $743.7M Q1 2025 Q2 2025: $782.8M Q2 2025 Q3 2025: $799.0M Q3 2025 Q4 2025: $798.8M Q4 2025 Q1 2026: $784.9M Q1 2026 Q2 2026: $822.7M Q2 2026

Holdings 102 stocks · $703.5M
GENERAL MNY MKT FUND 9.71% 68,292,308 $68.3M Add +79.8%
JGH Nuveen Global High Income 7.22% 3,973,084 $50.8M Add +2.0%
XAWFX Alliancebernstein GL Hi Inc. 7.17% 4,811,078 $50.4M Add +1.7%
DSL Doubleline Income Solutions 6.76% 3,798,684 $47.6M Add +0.5%
HYT BlackRock Corp. Hi YLD 5.60% 4,068,387 $39.4M Add +2.0%
NVO Novo-Nordisk A/S-Spons ADR 4.64% 228,477 $32.6M Add +0.6%
XOM Exxon Mobil Corp. 4.24% 259,224 $29.8M Add +0.3%
UTF Cohen & Steers Infrastructur 4.18% 1,306,623 $29.4M Add +1.1%
ARCC Ares Capital Corp. 3.07% 1,034,889 $21.6M Add +2.1%
UNM Unum Group 2.99% 411,466 $21.0M Reduce -0.4%
PAGP Plains GP Holdings LP 2.99% 1,115,994 $21.0M Add +1.5%
MRK Merck & Co. Inc. 2.96% 168,150 $20.8M Reduce -0.1%
LLY Eli Lilly & Co. 2.82% 21,928 $19.9M Reduce -1.3%
XEVTX Eaton Vance Tax-Adv DVD Inc. 2.69% 812,952 $18.9M Add +2.4%
ABBV Abbvie Inc. 2.63% 107,796 $18.5M Add +0.3%
HPQ HP Inc. 2.22% 445,306 $15.6M New
ET Energy Transfer LP 1.95% 844,284 $13.7M Add +0.8%
MMM 3M Co. 1.87% 128,683 $13.2M Add +192.6%
CSQ Calamos Strat TTL RTRN FND 1.68% 700,274 $11.8M Add +3.6%
BWXT BWX Technologies Inc. 1.67% 123,758 $11.8M Add +0.7%
CQP Cheniere Energy Partners LP 1.66% 237,688 $11.7M Add +0.6%
ETG Eaton Vance T/A GL DVD Incm 1.54% 581,185 $10.8M Add +3.4%
EPD Enterprise Products Partners 1.50% 364,822 $10.6M Add +0.7%
EBAY eBay Inc. 1.21% 158,804 $8.5M Add +1.2%
MSFT Microsoft Corp. 1.07% 16,815 $7.5M Add +2.3%
V Visa Inc. Class A 0.94% 25,131 $6.6M Add +1.8%
CVX Chevron Corp. 0.92% 41,395 $6.5M Add +2.9%
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.84% 515,535 $5.9M Add +447.2%
NAD Nuveen Quality Municipal Inc. 0.83% 499,098 $5.9M Add +445.3%
GOOGL Alphabet Inc. Class A 0.78% 30,240 $5.5M Add +1232.8%
FANG Diamondback Energy Inc. 0.78% 27,386 $5.5M Add +4.7%
TXN Texas Instruments Inc. 0.73% 26,227 $5.1M No change
AAPL Apple Inc. 0.63% 21,022 $4.4M Reduce -0.6%
AMZN Amazon.com Inc. 0.54% 19,804 $3.8M Reduce -0.7%
ENVX Enovix Corp. 0.52% 238,398 $3.7M Add +12.1%
KYN Kayne Anderson Energy Infra 0.45% 308,097 $3.2M Reduce -0.0%
PG The Procter & Gamble Co. 0.43% 18,450 $3.0M Reduce -0.4%
IIPR Innovative Industrial Proper 0.43% 27,770 $3.0M Add +0.8%
SMCI Super Micro Computer Inc. 0.23% 2,006 $1.6M Reduce -8.4%
ENPH Enphase Energy Inc. 0.22% 15,563 $1.6M Add +4.1%
NVG Nuveen Amt-FR Muni CRDT 0.22% 122,178 $1.5M New
TOST Toast Inc. Class A 0.20% 54,919 $1.4M Add +8.8%
LNG Cheniere Energy Inc. 0.17% 6,682 $1.2M Reduce -32.4%
MA Mastercard Inc. Class A 0.15% 2,449 $1.1M Reduce -1.1%
THQ Abrdn Healthcare Opport 0.13% 46,166 $941K Reduce -1.0%
NZF Nuveen Municipal Credit Inc. 0.12% 70,913 $876K New
AMLP Alerian MLP ETF 0.12% 18,142 $870K Reduce -4.1%
BRK.B Berkshire Hathaway Inc. Class B 0.12% 2,097 $853K Add +0.1%
DHR Danaher Corp. 0.12% 3,320 $829K Add +0.0%
DE Deere & Co. 0.12% 2,181 $815K Reduce -0.5%
ACN Accenture PLC Class A 0.11% 2,629 $798K No change
KLAC KLA Corp. 0.11% 940 $775K No change
JNJ Johnson & Johnson 0.11% 5,280 $772K Reduce -9.1%
COP Conocophillips 0.11% 6,513 $745K Add +113.7%
NVDA Nvidia Corp. 0.10% 5,740 $709K New
AMAT Applied Materials Inc. 0.10% 2,864 $676K No change
APH Amphenol Corp. Class A 0.10% 9,966 $671K Reduce -32.9%
MO Altria Group Inc. 0.09% 14,596 $665K Add +2.1%
CINF Cincinnati Financial Corp. 0.09% 5,610 $663K No change
WMT Walmart Inc. 0.09% 9,667 $655K Add +1.1%
PM Philip Morris International 0.09% 6,277 $636K Add +0.2%
GSST Goldman Sachs Ultra Short Bo 0.08% 11,719 $590K Reduce -22.0%
META Meta Platforms Inc. Class A 0.08% 1,148 $579K Add +1.2%
PEP Pepsico Inc. 0.08% 3,397 $560K Add +0.5%
ORCL Oracle Corp. 0.08% 3,891 $549K Reduce -11.4%
CI The Cigna Group 0.07% 1,573 $520K Add +0.1%
QCOM Qualcomm Inc. 0.07% 2,496 $497K Add +0.0%
VOC Voc Energy Trust 0.07% 100,830 $485K Add +0.8%
UNH Unitedhealth Group Inc. 0.07% 900 $458K Add +6.9%
FCX Freeport-McMoran Inc. 0.07% 9,432 $458K Add +32.7%
CG The Carlyle Group Inc. 0.07% 11,388 $457K Reduce -3.6%
CAT Caterpillar Inc. 0.06% 1,361 $453K Add +0.7%
JPM JPMorgan Chase & Co. 0.06% 2,220 $449K Reduce -3.6%
F Ford Motor Co. filed as FORD MTR CO DEL 0.06% 35,640 $447K Reduce -9.3%
TSLA Tesla Inc. 0.06% 2,224 $440K Add +27.9%
VZ Verizon Communications Inc. 0.06% 9,997 $412K Reduce -0.6%
GDX Vaneck Gold Miners ETF 0.06% 12,076 $410K Reduce -1.4%
MDLZ Mondelez International Inc. Class A 0.06% 6,030 $395K No change
NOC Northrop Grumman Corp. 0.06% 900 $392K Reduce -20.0%
CW Curtiss-Wright Corp. 0.05% 1,375 $373K Reduce -19.1%
SO The Southern Co. 0.05% 4,677 $363K Add +1.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.05% 2,044 $354K No change
RTX RTX Corp. 0.05% 3,503 $352K Add +0.1%
DLR Digital Realty Trust Inc. 0.05% 2,230 $339K No change
IUSV iShares Core S&P U.S. Value 0.05% 3,661 $323K Add +0.5%
DUK Duke Energy Corp. 0.04% 3,071 $308K Add +1.2%
WMB Williams Cos Inc. 0.04% 7,182 $305K Reduce -4.2%
SWN Southwestern Energy Co. 0.04% 42,032 $283K No change
MTR Mesa Royalty Trust 0.04% 31,655 $279K Reduce -0.1%
ITW Illinois Tool Works 0.04% 1,153 $273K Add +0.5%
ADBE Adobe Inc. 0.04% 485 $269K Reduce -1.0%
PSX Phillips 66 0.04% 1,893 $267K Reduce -6.3%
PBF PBF Energy Inc. Class A 0.04% 5,778 $266K Add +0.2%
LOW Lowe's Cos Inc. 0.04% 1,166 $257K No change
PFE Pfizer Inc. 0.03% 8,534 $239K New
CSCO Cisco Systems Inc. 0.03% 4,936 $235K Add +0.2%
CL Colgate-Palmolive Co. 0.03% 2,356 $229K No change
NKE Nike Inc. Class B 0.03% 3,023 $228K Add +0.0%
GD General Dynamics Corp. 0.03% 760 $220K Reduce -12.5%
VST Vistra Corp. 0.03% 2,382 $205K Reduce -99.2%

Show all 102 holdings

Other holdings (20): bonds, preferreds, convertibles and warrants · $14.7M (not counted above)
SecurityClassShares / PrincipalValueChange
PRAIRIELANDS PUB FAC CORP TEX PROJ REV REV BDS PRAIRIELAND DETENTION CT MUNICIPAL BOND · principal 4,985,000$3.1MNo change
PIMA CNTY ARIZ INDL DEV AUTH ED REV REV BDS GRIFFIN FOUNDATION 2008 A MUNICIPAL BOND · principal 3,155,000$3.1MAdd +1.9%
PUBLIC FIN AUTH WIS ED REV TRIAD EDUCATION SERVICES INC MUNICIPAL BOND · principal 1,600,000$1.6MAdd +1.6%
FANNIN CNTY TEX PUB FAC CORP REV REF BDS DETENTION FAC PROJ 2014 MUNICIPAL BOND · principal 1,725,000$1.2MNo change
TULANE UNIV LA RFDG-TULANE UNIV-C 0.523 02/15/36 B/E DTD 05/31/07 CLB MUNICIPAL BOND · principal 705,000$649KNo change
NORTH TEX TWY AUTH REV SYS REF BDS B 5.000 01/01/43 B/E DTD 11/01/17 CL MUNICIPAL BOND · principal 550,000$563KNo change
US TREASURY N/B (T 2.75 08/31/25) FIXED · principal 485,000$472KNo change
US TREASURY N/B (T 4.25 09/30/24) FIX · principal 463,000$462KNo change
PIMA CNTY ARIZ INDL DEV AUTH ED REV REV BDS GRIFFIN FOUNDATION 2008 B MUNICIPAL BOND · principal 475,000$459KAdd +5.6%
US TREASURY N/B (T 2 06/30/24) FIXED · principal 370,000$370KReduce -26.0%
FANNIN CNTY TEX PUB FAC CORP REV REF BDS DETENTION FAC PROJ 2014 MUNICIPAL BOND · principal 540,000$345KNo change
SILICON VY TOB SECURITIZATION AUTH CALIF TOB SETTLEMENT REV TOBACCO MUNICIPAL BOND · principal 3,500,000$331KNo change
US TREASURY N/B (T 4.25 10/15/25) TREASURY · principal 330,000$327KNo change
US TREASURY N/B (T 4.375 10/31/24) FIX · principal 322,000$321KNo change
US TREASURY N/B (T 1.5 11/30/24) FIX · principal 281,000$277KNew
NORTH TEX TWY AUTH REV REF BDS 2015 B 5.00 01/01/45 B/E DTD 09/24/15 MUNICIPAL BOND · principal 250,000$251KNo change
UNITED STATES TREAS NTS 2.250 10/31/24 B/E DTD 10/31/17 TREASURY NOTE · principal 250,000$247KNo change
TOBACCO SETTLEMENT FING CORP VA ASSET BACKED BDS 2007C MUNICIPAL BOND · principal 830,000$230KNo change
UNITED STATES TREAS NTS 2.125 07/31/24 B/EDTD 07/31/17 TREASURY NOTE · principal 226,000$225KNo change
CHICAGO ILL O HARE INTL ARPT REV REV REF BDS 2012B 5.000 01/01/31 B MUNICIPAL BOND · principal 200,000$200KNo change

Total filed on the 13F, all lines: $718.2M.

Portfolio Sells Q1 2024 → Q2 2024
MLPA Global X MLP ETF Sold out 0.00% −3.09
VST Vistra Corp. Reduce -99.2% 0.03% −2.87
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −1.35
MRK Merck & Co. Inc. Reduce -0.1% 2.96% −0.32
ALB Albemarle Corp. Sold out 0.00% −0.30
UNM Unum Group Reduce -0.4% 2.99% −0.28
NICE Nice Ltd. - Spon ADR Sold out 0.00% −0.26
SMCI Super Micro Computer Inc. Reduce -8.4% 0.23% −0.09
SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −0.07
LNG Cheniere Energy Inc. Reduce -32.4% 0.17% −0.07
GT Goodyear Tire & Rubber Co. Sold out 0.00% −0.04
BCC Boise Cascade Co. Sold out 0.00% −0.04
INTC Intel Corp. Sold out 0.00% −0.03
ORLY O'reilly Automotive Inc. Sold out 0.00% −0.03
AZO AutoZone Inc. Sold out 0.00% −0.03
APH Amphenol Corp. Class A Reduce -32.9% 0.10% −0.03
GEHC GE Healthcare Technology Sold out 0.00% −0.03
GSST Goldman Sachs Ultra Short Bo Reduce -22.0% 0.08% −0.03
JNJ Johnson & Johnson Reduce -9.1% 0.11% −0.03
NOC Northrop Grumman Corp. Reduce -20.0% 0.06% −0.02
MA Mastercard Inc. Class A Reduce -1.1% 0.15% −0.02
MCD McDonald's Corp. Reduce -30.9% 0.03% −0.02
DE Deere & Co. Reduce -0.5% 0.12% −0.02
CG The Carlyle Group Inc. Reduce -3.6% 0.07% −0.02
F Ford Motor Co. Reduce -9.3% 0.06% −0.01
CW Curtiss-Wright Corp. Reduce -19.1% 0.05% −0.01
PSX Phillips 66 Reduce -6.3% 0.04% −0.01
PG The Procter & Gamble Co. Reduce -0.4% 0.43% −0.01
MTR Mesa Royalty Trust Reduce -0.1% 0.04% −0.01
AMLP Alerian MLP ETF Reduce -4.1% 0.12% −0.01
GD General Dynamics Corp. Reduce -12.5% 0.03% −0.00
THQ Abrdn Healthcare Opport Reduce -1.0% 0.13% −0.00
JPM JPMorgan Chase & Co. Reduce -3.6% 0.06% −0.00
VZ Verizon Communications Inc. Reduce -0.6% 0.06% −0.00
ORCL Oracle Corp. Reduce -11.4% 0.08% −0.00
KYN Kayne Anderson Energy Infra Reduce -0.0% 0.45% −0.00
WMB Williams Cos Inc. Reduce -4.2% 0.04% +0.00
GDX Vaneck Gold Miners ETF Reduce -1.4% 0.06% +0.00
ADBE Adobe Inc. Reduce -1.0% 0.04% +0.00
AMZN Amazon.com Inc. Reduce -0.7% 0.54% +0.01
AAPL Apple Inc. Reduce -0.6% 0.63% +0.09
LLY Eli Lilly & Co. Reduce -1.3% 2.82% +0.27

Portfolio Buys Q1 2024 → Q2 2024
GENERAL MNY MKT FUND Add +79.8% 9.71% +4.11
HPQ HP Inc. New 2.22% +2.22
MMM 3M Co. Add +192.6% 1.87% +1.18
GOOGL Alphabet Inc. Class A Add +1232.8% 0.78% +0.73
XNEAX Nuveen Amt-FR QLTY Muni Inc. Add +447.2% 0.84% +0.69
NAD Nuveen Quality Municipal Inc. Add +445.3% 0.83% +0.68
NVO Novo-Nordisk A/S-Spons ADR Add +0.6% 4.64% +0.33
ENVX Enovix Corp. Add +12.1% 0.52% +0.27
NVG Nuveen Amt-FR Muni CRDT New 0.22% +0.22
NZF Nuveen Municipal Credit Inc. New 0.12% +0.12
NVDA Nvidia Corp. New 0.10% +0.10
COP Conocophillips Add +113.7% 0.11% +0.05
MSFT Microsoft Corp. Add +2.3% 1.07% +0.05
CSQ Calamos Strat TTL RTRN FND Add +3.6% 1.68% +0.04
PFE Pfizer Inc. New 0.03% +0.03
SMR Nuscale Power Corp. New 0.03% +0.03
PAGP Plains GP Holdings LP Add +1.5% 2.99% +0.03
ETG Eaton Vance T/A GL DVD Incm Add +3.4% 1.54% +0.02
TSLA Tesla Inc. Add +27.9% 0.06% +0.02
FCX Freeport-McMoran Inc. Add +32.7% 0.07% +0.02
TOST Toast Inc. Class A Add +8.8% 0.20% +0.02
FANG Diamondback Energy Inc. Add +4.7% 0.78% +0.02
IIPR Innovative Industrial Proper Add +0.8% 0.43% +0.01
QCOM Qualcomm Inc. Add +0.0% 0.07% +0.01
WMT Walmart Inc. Add +1.1% 0.09% +0.01
PM Philip Morris International Add +0.2% 0.09% +0.01
ET Energy Transfer LP Add +0.8% 1.95% +0.00
UNH Unitedhealth Group Inc. Add +6.9% 0.07% +0.00
SO The Southern Co. Add +1.0% 0.05% +0.00
MO Altria Group Inc. Add +2.1% 0.09% +0.00
META Meta Platforms Inc. Class A Add +1.2% 0.08% +0.00
DUK Duke Energy Corp. Add +1.2% 0.04% +0.00
RTX RTX Corp. Add +0.1% 0.05% −0.00
IUSV iShares Core S&P U.S. Value Add +0.5% 0.05% −0.00
CSCO Cisco Systems Inc. Add +0.2% 0.03% −0.00
DHR Danaher Corp. Add +0.0% 0.12% −0.00
ITW Illinois Tool Works Add +0.5% 0.04% −0.01
PEP Pepsico Inc. Add +0.5% 0.08% −0.01
CAT Caterpillar Inc. Add +0.7% 0.06% −0.01
BRK.B Berkshire Hathaway Inc. Class B Add +0.1% 0.12% −0.01
EBAY eBay Inc. Add +1.2% 1.21% −0.01
NKE Nike Inc. Class B Add +0.0% 0.03% −0.01
CI The Cigna Group Add +0.1% 0.07% −0.01
PBF PBF Energy Inc. Class A Add +0.2% 0.04% −0.01
CVX Chevron Corp. Add +2.9% 0.92% −0.02
VOC Voc Energy Trust Add +0.8% 0.07% −0.02
ARCC Ares Capital Corp. Add +2.1% 3.07% −0.05
ENPH Enphase Energy Inc. Add +4.1% 0.22% −0.05
EPD Enterprise Products Partners Add +0.7% 1.50% −0.06
CQP Cheniere Energy Partners LP Add +0.6% 1.66% −0.06

Notes & Other Activity Q1 2024 → Q2 2024
PIMA CNTY ARIZ INDL DEV AUTH ED REV REV BDS GRIFFIN FOUNDATION 2008 A MUNICIPAL BOND · principal Add +1.9% 3,155,000 $3.1M
PUBLIC FIN AUTH WIS ED REV TRIAD EDUCATION SERVICES INC MUNICIPAL BOND · principal Add +1.6% 1,600,000 $1.6M
US TREASURY N/B (T 2.5 05/31/24) FIX · principal Sold out 464,000 $462Kbefore exit
PIMA CNTY ARIZ INDL DEV AUTH ED REV REV BDS GRIFFIN FOUNDATION 2008 B MUNICIPAL BOND · principal Add +5.6% 475,000 $459K
US TREASURY N/B (T 2 05/31/24) FIX · principal Sold out 400,000 $398Kbefore exit
US TREASURY N/B (T 2 06/30/24) FIXED · principal Reduce -26.0% 370,000 $370K
US TREASURY N/B (T 1.5 11/30/24) FIX · principal New 281,000 $277K
US TREASURY N/B (T 2.125 09/30/24) FIX · principal Sold out 226,000 $223Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 151$822.7MJGH, HYT, UTF, XAWFX, DELL
Q1 2026 150$784.9MJGH, XOM, HYT, XAWFX, UTF
Q4 2025 118$798.8MGENERAL MNY MKT FUND, JGH, XAWFX, HYT, UTF
Q3 2025 112$799.0MGENERAL MNY MKT FUND, JGH, XAWFX, HYT, DSL
Q2 2025 114$782.8MGENERAL MNY MKT FUND, JGH, XAWFX, DSL, HYT
Q1 2025 112$743.7MGENERAL MNY MKT FUND, JGH, XAWFX, DSL, UTF
Q4 2024 111$734.1MGENERAL MNY MKT FUND, JGH, XAWFX, DSL, HYT
Q3 2024 110$745.3MGENERAL MNY MKT FUND, XAWFX, JGH, DSL, HYT
Q2 2024 102$703.5MGENERAL MNY MKT FUND, JGH, XAWFX, DSL, HYT
Q1 2024 107$678.1MXAWFX, JGH, DSL, HYT, GENERAL MNY MKT FUND