McGowan Group Asset Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBOTT LABS COM	COM	002824100	209	2,501	SH		SOLE	NA	2,501	0	0
ABBVIE INC	COM	00287Y109	220	2,912	SH		SOLE	NA	2,912	0	0
ABERDEEN ASIA-PACIFIC INCOME FD INC COM	COM	003009107	48,050	11,467,877	SH		SOLE	NA	11,467,877	0	0
ACCENTURE PLC IRELAND CLASS SHS ISIN#IE00B	SHS CLASS A	G1151C101	443	2,303	SH		SOLE	NA	2,303	0	0
ALLIANCEBERSTEIN GLOBAL HIGH INCOME FD INC	COM	01879R106	35,205	2,936,186	SH		SOLE	NA	2,936,186	0	0
ALPHABET INC CAP STK CL A	CAP STK CL A	02079K305	215	176	SH		SOLE	NA	176	0	0
ALTRIA GROUP INC	COM	02209S103	445	10,870	SH		SOLE	NA	10,870	0	0
AMAZON COM INC	COM	023135106	1,429	823	SH		SOLE	NA	823	0	0
AMPHENOL CORP NEW CL A	CL A	032095101	362	3,747	SH		SOLE	NA	3,747	0	0
APPLE INC COM	COM	037833100	1,354	6,045	SH		SOLE	NA	6,045	0	0
ARES CAP CORP COM	COM	04010L103	20,655	1,108,388	SH		SOLE	NA	1,108,388	0	0
AT&T INC COM	COM	00206R102	799	21,106	SH		SOLE	NA	21,106	0	0
BERKSHIRE HATHAWAY INC DEL CL B NEW	CL B NEW	084670702	411	1,976	SH		SOLE	NA	1,976	0	0
BLACK STONE MINERALS LP COM UNIT REPSTG LT	COM UNIT	09225M101	2,394	168,126	SH		SOLE	NA	168,126	0	0
BLACKROCK CORPORATE HIGH YIELD FD VI INC C	COM	09255P107	13,395	1,246,020	SH		SOLE	NA	1,246,020	0	0
CANOPY GROWTH CORP SHS	COM	138035100	767	33,449	SH		SOLE	NA	33,449	0	0
CARLYLE GROUP L P COM UNITS	COM UTS LTD PTN	14309L102	9,599	375,549	SH		SOLE	NA	375,549	0	0
CHARLOTTES WEB HOLDINGS INC	COM	16106R109	922	66,551	SH		SOLE	NA	66,551	0	0
CHENIERE ENERGY INC COM NEW	COM NEW	16411R208	695	11,027	SH		SOLE	NA	11,027	0	0
CHENIERE ENERGY PARTNERS L P COM UNIT REPT	COM UNIT	16411Q101	11,800	259,459	SH		SOLE	NA	259,459	0	0
CISCO SYSTEMS INC	COM	17275R102	231	4,681	SH		SOLE	NA	4,681	0	0
CLEARBRIDGE ENERGY MLP FD INC COM	COM	184692101	26,151	2,297,951	SH		SOLE	NA	2,297,951	0	0
CLEARBRIDGE ENERGY MLP OPPORTUNITY FD INC	COM	18469P100	24,009	2,759,669	SH		SOLE	NA	2,759,669	0	0
COHEN & STEERS INFRASTRUCTURE FD INC COM	COM	19248A109	27,492	1,009,239	SH		SOLE	NA	1,009,239	0	0
DANAHER CORP COM	COM	235851102	231	1,603	SH		SOLE	NA	1,603	0	0
DCP MIDSTREAM LP COM UTS REPSTG LTD PART I	COM UT LTD PTN	23311P100	5,164	197,014	SH		SOLE	NA	197,014	0	0
DEERE & CO	COM	244199105	387	2,296	SH		SOLE	NA	2,296	0	0
DOUBLELINE INCOME SOLUTIONS FD	COM	258622109	35,518	1,933,641	SH		SOLE	NA	1,933,641	0	0
ELI LILLY & CO COM	COM	532457108	2,337	20,901	SH		SOLE	NA	20,901	0	0
ENERGY TRANSFER LP COM UNITS	COM UT LTD PTN	29273V100	11,116	849,842	SH		SOLE	NA	849,842	0	0
ENLINK MIDSTREAM LLC COM UNIT REPSTG LTD L	COM UNIT REP LTD	29336T100	475	55,910	SH		SOLE	NA	55,910	0	0
ENTERPRISE PRODS PARTNERS L P COM UNIT	COM	293792107	11,000	384,895	SH		SOLE	NA	384,895	0	0
EXXON MOBIL CORP COM	COM	30231G102	923	13,076	SH		SOLE	NA	13,076	0	0
FACEBOOK INC CL A	CL A	30303M102	247	1,386	SH		SOLE	NA	1,386	0	0
GASLOG PARTNERS LP UNIT LTD PARTNERSHIP	UNIT LTD PTNRP	Y2687W108	4,984	262,604	SH		SOLE	NA	262,604	0	0
GENERAL MNY MKT FUND	MONEY MARKET	370990228	90,276	90,276	SH		SOLE	NA	90,276	0	0
GLOBAL X FDS GLOBAL X MLP ETF	GLBL X MLP ETF	37950E473	21,720	2,591,889	SH		SOLE	NA	2,591,889	0	0
INFORMATION SERVICES GRP	COM	45675Y104	693	278,756	SH		SOLE	NA	278,756	0	0
INVESCO QQQ TR UNIT SER 1	UNIT SER 1	46090E103	231	1,224	SH		SOLE	NA	1,224	0	0
INVESCO VAN KAMPEN DYNAMIC CR OPP FD COM	COM	46132R104	1,856	168,572	SH		SOLE	NA	168,572	0	0
ISHARES TR CORE S&P U S GROWTH ETF	CORE S&P US GWT	464287671	307	4,885	SH		SOLE	NA	4,885	0	0
ISHARES TR CORE S&P U S VALUE ETF	CORE S&P US VLU	464287663	386	6,686	SH		SOLE	NA	6,686	0	0
JOHNSON & JOHNSON COM	COM	478160104	433	3,346	SH		SOLE	NA	3,346	0	0
KINDER MORGAN INC	COM	49456B101	17,409	844,663	SH		SOLE	NA	844,663	0	0
L3HARRIS TECHNOLOGIES INC COM	COM	502431109	212	1,018	SH		SOLE	NA	1,018	0	0
MAIN STR CAP CORP	COM	56035L104	17,587	407,021	SH		SOLE	NA	407,021	0	0
MASTERCARD INC CL A	CL A	57636Q104	366	1,348	SH		SOLE	NA	1,348	0	0
MERCK & CO INC NEW COM	COM	58933Y105	389	4,625	SH		SOLE	NA	4,625	0	0
MESA RTY TR UNIT BEN INT	UNIT BEN INT	590660106	480	55,490	SH		SOLE	NA	55,490	0	0
MICROSOFT CORP COM	COM	594918104	736	5,291	SH		SOLE	NA	5,291	0	0
MONDELEZ INTL INC CL A	CL A	609207105	226	4,081	SH		SOLE	NA	4,081	0	0
MPLX LP COM UNIT REPSTG LTD PARTNER INT	COM UNIT REP LTD	55336V100	4,418	157,744	SH		SOLE	NA	157,744	0	0
NIKE INC CLASS B	CL B	654106103	279	2,970	SH		SOLE	NA	2,970	0	0
NUVEEN GLOBAL HIGH INCOME FD SHS	SHS	67075G103	21,552	1,385,101	SH		SOLE	NA	1,385,101	0	0
OASIS MIDSTREAM PARTNERS LP COM	COM UNITS REPS	67420T206	582	36,441	SH		SOLE	NA	36,441	0	0
OGE ENERGY CORP	COM	670837103	246	5,417	SH		SOLE	NA	5,417	0	0
PERMIAN BASIN RTY TR UNIT BEN INT	UNIT BEN INT	714236106	615	118,514	SH		SOLE	NA	118,514	0	0
PERMIANVILLE RTY TR TR UNIT	TR UNIT	71425H100	707	269,751	SH		SOLE	NA	269,751	0	0
PHILIP MORRIS INTL INC COM	COM	718172109	478	6,294	SH		SOLE	NA	6,294	0	0
PLAINS ALL AMERICAN PIPELINE L P UNIT LTD	UNIT LTD PARTN	726503105	10,196	491,389	SH		SOLE	NA	491,389	0	0
PROCTER & GAMBLE CO COM	COM	742718109	705	5,668	SH		SOLE	NA	5,668	0	0
SQUARE INC CL A	CL A	852234103	280	4,521	SH		SOLE	NA	4,521	0	0
TEMPLETN EM MKT INCOME COM	COM	880192109	32,714	3,602,817	SH		SOLE	NA	3,602,817	0	0
TEXAS INSTRUMENTS INC	COM	882508104	4,276	33,086	SH		SOLE	NA	33,086	0	0
TORTOISE PWR & ENERGY INFRASTRUCTURE FUND	COM	89147X104	405	22,464	SH		SOLE	NA	22,464	0	0
VISA INC COM CL A	COM CL A	92826C839	1,548	9,000	SH		SOLE	NA	9,000	0	0
VOC ENERGY TR TR UNIT	TR UNIT	91829B103	919	173,688	SH		SOLE	NA	173,688	0	0
WAL MART STORES INC COM	COM	931142103	231	1,946	SH		SOLE	NA	1,946	0	0
WESTERN ASSET EMERGING MKTS DEBT FD INC	COM	95766A101	46,036	3,314,357	SH		SOLE	NA	3,314,357	0	0
WESTERN ASSET GLOBAL CORP DEFINED OPPTNTY	COM	95790C107	804	46,131	SH		SOLE	NA	46,131	0	0
ARIZONA INDL DEV AUTH ED REV FAC ODYSSEY PREPARATORY ACADEMY 5.5 7/1/52	MUNICIPAL BOND	04052BDB7	4,449	4,130	PRN		SOLE	NA	4,130	0	0
CALIFORNIA ST STWD COMMUNITY DEV AUTH EDU FAC REVENUE INDEPENDENCE PROJ	MUNICIPAL BOND	13079HAG6	3,806	6,240	PRN		SOLE	NA	6,240	0	0
CAMERON TX EDU CORP REVENUE FAITH FAMILY ACADEMY - SERIES A	MUNICIPAL BOND	133582AN6	1,677	1,675	PRN		SOLE	NA	1,675	0	0
CAP TR AGY FL PRITY FIRST MTG REV SILVER CREEK ST AUG PJ-A 5.75 1/01/50	MUNICIPAL BOND	14053PAA9	600	600	PRN		SOLE	NA	600	0	0
CAP TR AGY FL PRITY FIRST MTG REV TXBL-SILVER CRK ST AUG SER B-7 1/1/35	MUNICIPAL BOND	14053PAB7	200	200	PRN		SOLE	NA	200	0	0
CAPITAL TR AGY FLA REV 1ST MTG-SILVER CREEK ST. AUGUSTINE PROJ	MUNICIPAL BOND	14052WBV8	1,600	2,500	PRN		SOLE	NA	2,500	0	0
CAPITAL TR AGY FLA REV TAXABLE 1ST MTG-SILVER CREEK ST. AUGUSTINE PROJ	MUNICIPAL BOND	14052WBX4	483	755	PRN		SOLE	NA	755	0	0
FANNIN CNTY TX PUBLIC FAC CORP REVENUE TXBLE	MUNICIPAL BOND	307149AM6	1,718	2,075	PRN		SOLE	NA	2,075	0	0
FANNIN CNTY TX PUBLIC FAC CORP REVENUE TXBLE-REF	MUNICIPAL BOND	307149AN4	512	640	PRN		SOLE	NA	640	0	0
FL CHARTER SCHOOL REVENUE RIVER CITY EDU SVCS INC PROJ- SER A	MUNICIPAL BOND	140539AC1	1,542	1,480	PRN		SOLE	NA	1,480	0	0
FL CHARTER SCHOOL REVENUE RIVER CITY EDU SVCS INC PROJ-SER A	MUNICIPAL BOND	140539AB3	593	570	PRN		SOLE	NA	570	0	0
FL CHARTER SCHOOL REVENUE TAXABLE RIVER CITY EDY SVCS INC PROJ -SER B	MUNICIPAL BOND	140539AD9	366	365	PRN		SOLE	NA	365	0	0
LA PAZ CNTY ARIZ ED FAC LEASE REV CHARTER SCH SOLUTIONS 5 02/15/46	MUNICIPAL BOND	50376FAF4	5,917	5,700	PRN		SOLE	NA	5,700	0	0
MOUNT ORAB OH PORT AUTH AUTOMALL PROJECT - 6.750 TAXABLE 12/01/36	MUNICIPAL BOND	622266AA2	5,312	5,175	PRN		SOLE	NA	5,175	0	0
PIMA CNTY AZ INDL DEV AUTH EDU REVENUE GRIFFIN FNDTN PROJ SER A	MUNICIPAL BOND	72177MJQ1	3,981	3,980	PRN		SOLE	NA	3,980	0	0
PIMA CNTY AZ INDL DEV AUTH EDU REVENUE GRIFFIN FNDTN PROJ SER B	MUNICIPAL BOND	72177MJR9	625	625	PRN		SOLE	NA	625	0	0
PRAIRIELAND DETENTION CENTER PROJ - PUB FAC CORP TEXAS PROJ REV TAXABLE	MUNICIPAL BOND	73972CAN4	5,058	5,850	PRN		SOLE	NA	5,850	0	0
PUBLIC FIN AUTH WIS ED REV TRIAD EDUCATION SERVICES INC	MUNICIPAL BOND	74442EAX8	1,817	1,750	PRN		SOLE	NA	1,750	0	0
SILICON VLY CA TOBACCO SECURITIZATION AUTH TABACCO SETTLEM CAP APPREC	MUNICIPAL BOND	82706TAD3	293	4,000	PRN		SOLE	NA	4,000	0	0
TANGIPAHOA PARISH LA HOSP SVC DIST NO 1 HOSP REV TAXABLE-NORTH OAKS	MUNICIPAL BOND	875518EL2	699	690	PRN		SOLE	NA	690	0	0
TULANE UNIV LA RFDG-TULANE UNIV-C 0.523 02/15/36 B/E DTD 05/31/07 CLB	MUNICIPAL BOND	899062BQ5	801	870	PRN		SOLE	NA	870	0	0