ROBINSON CAPITAL MANAGEMENT, LLC recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
63 Kercheval Grosse Pointe Farms, MI 48236
As of the latest 13F report, the guru’s equity portfolio contained 344 stocks valued at a total of $196.00Mil. The top holdings were MMU(3.88%), NVG(3.64%), and BFK(3.40%).
According to GuruFocus data, these were ROBINSON CAPITAL MANAGEMENT, LLC’s top five trades of the quarter.
Nuveen AMT-Free Municipal Credit Income Fund
The guru established a new position worth 580,263 shares in NYSE:NVG, giving the stock a 3.64% weight in the equity portfolio. Shares traded for an average price of $11.74 during the quarter.
On 02/17/2023, Nuveen AMT-Free Municipal Credit Income Fund traded for a price of $12 per share and a market cap of $2.56Bil. The stock has returned -18.76% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 3 out of 10.
In terms of valuation, Nuveen AMT-Free Municipal Credit Income Fund has a price-book ratio of 0.98.
iShares National Muni Bond ETF
The guru sold out of their 40,000-share investment in ARCA:MUB. Previously, the stock had a 3.26% weight in the equity portfolio. Shares traded for an average price of $103.8 during the quarter.
On 02/17/2023, iShares National Muni Bond ETF traded for a price of $105.94 per share and a market cap of $31.45Bil. The stock has returned -4.13% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Pioneer Muni High Income Advantage Tr
The guru sold out of their 423,877-share investment in NYSE:MAV. Previously, the stock had a 2.55% weight in the equity portfolio. Shares traded for an average price of $7.85 during the quarter.
On 02/17/2023, Pioneer Muni High Income Advantage Tr traded for a price of $8.07 per share and a market cap of $192.99Mil. The stock has returned -20.49% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 3 out of 10.
In terms of valuation, Pioneer Muni High Income Advantage Tr has a price-book ratio of 0.94.
The price-to-GF Value ratio is 0.42, earning the stock a GF Value rank of 4.
Vanguard Tax-Exempt Bond ETF
The guru sold out of their 65,425-share investment in ARCA:VTEB. Previously, the stock had a 2.5% weight in the equity portfolio. Shares traded for an average price of $48.58 during the quarter.
On 02/17/2023, Vanguard Tax-Exempt Bond ETF traded for a price of $49.7123 per share and a market cap of $25.13Bil. The stock has returned -4.27% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Nuveen Quality Municipal Income Fund
During the quarter, ROBINSON CAPITAL MANAGEMENT, LLC bought 394,467 shares of NYSE:NAD for a total holding of 545,364. The trade had a 2.4% impact on the equity portfolio. During the quarter, the stock traded for an average price of $11.24.
On 02/17/2023, Nuveen Quality Municipal Income Fund traded for a price of $11.4235 per share and a market cap of $2.67Bil. The stock has returned -16.69% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 2 out of 10.
In terms of valuation, Nuveen Quality Municipal Income Fund has a price-book ratio of 0.96.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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