Maximizing Your Portfolio: A Look at Sound Income Strategies, LLC's Q4 2022 vs. Q1 2023 Holdings Comparison

As an investor, it's important to keep track of the performance and changes in the holdings of the funds you have invested in. This is especially true for mutual funds, where the fund manager makes investment decisions. In this blog post, we will take an in-depth look at Sound Income Strategies, LLC's Q4 2022 vs. Q1 2023 holdings comparison and see what changes have been made to the holdings of this fund.

Sound Income Strategies, LLC is an investment advisory firm that specializes in income-producing investment strategies. The company offers a broad range of income solutions, including dividend-paying stocks, bonds, and alternative investments. Let's take a closer look at the changes in holdings of this fund.

Starting with the top holdings, ISHARES TR is the largest holding of the fund, with a decrease of only 0.3% in shares held from Q4 2022 to Q1 2023. The value of the holding decreased from $42,348,000 to $42,237,000, showing very little change. The second-largest holding, VANECK VECTORS ETF TR, had an increase of 1.2% in shares held, with the value of the holding increasing from $34,511,000 to $34,916,000.

One of the more significant decreases in holdings came from ARES CAPITAL CORP, which had a decrease of 8% in shares held from Q4 2022 to Q1 2023. The value of the holding decreased from $34,918,000 to $32,140,000. Another significant decrease came from HERCULES CAPITAL INC, which had a decrease of 5% in shares held, with the value of the holding decreasing from $32,279,000 to $30,681,000.

Moving further down the list of holdings, we see some interesting changes. For example, TIDAL ETF TR had a significant increase of 13.5% in shares held, with the value of the holding increasing from $22,097,000 to $25,073,000. Meanwhile, INTERNATIONAL BUSINESS MACHS had an increase of only 5% in shares held, but its value increased from $11,406,000 to $11,982,000, indicating a more significant change in the stock price.

Looking at the holdings of the fund overall, we can see that there were some decreases in holdings, but they were generally offset by increases in other holdings. The fund's total value decreased by around 1.1% from $621,045,000 in Q4 2022 to $613,714,000 in Q1 2023.

In conclusion, as an investor, it's crucial to keep track of the changes in holdings of the funds you've invested in. This blog post has highlighted the changes in holdings of Sound Income Strategies, LLC's Q4 2022 vs. Q1 2023 holdings comparison. While there were some decreases in holdings, the impact was generally offset by increases in other holdings, showing that the fund is continuing to maintain a diversified portfolio. With this information in hand, investors can make more informed decisions about their investments and maximize their portfolio's return.