Strategic Income Management, LLC

CIK

1540306

Location

SEATTLE, WA

Portfolio Value

Micro $24,063,973

Diversification

Highly concentrated

Reports for

American Beacon Advisors, Inc.

Filing Date

Global Rank

#6,356 / 6,949 ▲ 286 · as of Sep 2023

Top Industry

Oil & Gas Midstream 65.9%

3Y Alpha vs SPY

-4.2%

Period ended 2 years ago

Filed Nov 13, 2023 · 2y

4 quarters · since Dec 2022

Clone Performance

Aug 2023–Apr 2024 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+11.5%

SPY

+17.1%

Annualised alpha

-9.1%

Max drawdown

−13.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 2 quarters.Strategic Income Management, LLC has stopped filing, so the simulation ends in Apr 2024 — where its last reported portfolio went stale — rather than trading that portfolio forward to today. Past performance does not predict future results.

Portfolio Concentration

4 tracked positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023

Top Position

34.1%

−17.1 pts

Top 5

100.0%

0.0 pts

Top 10

100.0%

0.0 pts

HHI

2,706

Highly concentrated−2,296

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Energy	65.9%	$15,869,586	3
Real Estate	34.1%	$8,194,387	1

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
NLY	Annaly Capital Management Inc	+109,381	435,640	$8,194,387
No positions match the current search.

Trimmed

Positions the filer reduced

No qualifying positions this quarter.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
MPLX	Mplx LP	134,800	$4,794,836
KNOP	KNOT Offshore Partners LP	573,880	$3,919,599
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

4 tracked positions · $24,063,973 total · filing declares 14 positions · $52,126,401 · as of Sep 30, 2023

All sectors Energy Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NLY	Annaly Capital Management Inc Real Estate	Added	435,640	+109,381	$8,194,387	+25.5%	34.05%
STNG	Scorpio Tankers Inc. Energy	Held	132,209	0	$7,155,151	+14.6%	29.73%
MPLX	Mplx LP Energy	NEW	134,800	NEW	$4,794,836	NEW	19.93%
KNOP	KNOT Offshore Partners LP Energy	NEW	573,880	NEW	$3,919,599	NEW	16.29%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.