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
3M CO COM	COM	88579Y101	389	2,017	SH		SOLE	NA	2,017	0	0
ABBOTT LABS COM	COM	002824100	8,924	74,468	SH		SOLE	NA	74,468	0	0
ABBVIE INC	COM	00287Y109	11,985	110,746	SH		SOLE	NA	110,746	0	0
ABERDEEN ASIA-PACIFIC INCOME FD INC COM	COM	003009107	48,538	11,867,588	SH		SOLE	NA	11,867,588	0	0
ACCENTURE PLC IRELAND CLASS SHS ISIN#IE00B	SHS CLASS A	G1151C101	501	1,815	SH		SOLE	NA	1,815	0	0
ADOBE SYS INC COM	COM	00724F101	331	697	SH		SOLE	NA	697	0	0
ALLIANCEBERSTEIN GLOBAL HIGH INCOME FD INC	COM	01879R106	37,250	3,143,488	SH		SOLE	NA	3,143,488	0	0
ALTRIA GROUP INC	COM	02209S103	416	8,122	SH		SOLE	NA	8,122	0	0
AMAZON COM INC	COM	023135106	2,515	813	SH		SOLE	NA	813	0	0
AMERICAN TOWER CORP CL A	COM	03027X100	206	864	SH		SOLE	NA	864	0	0
AMPHENOL CORP NEW CL A	CL A	032095101	371	5,625	SH		SOLE	NA	5,625	0	0
APPLE INC COM	COM	037833100	2,466	20,191	SH		SOLE	NA	20,191	0	0
ARES CAP CORP COM	COM	04010L103	19,825	1,059,586	SH		SOLE	NA	1,059,586	0	0
AT&T INC COM	COM	00206R102	657	21,705	SH		SOLE	NA	21,705	0	0
ATLANTICA YIELD PLC	SHS	G0751N103	15,595	425,743	SH		SOLE	NA	425,743	0	0
BERKSHIRE HATHAWAY INC DEL CL B NEW	CL B NEW	084670702	554	2,169	SH		SOLE	NA	2,169	0	0
BLACKROCK CORPORATE HIGH YIELD FD VI INC C	COM	09255P107	19,286	1,642,790	SH		SOLE	NA	1,642,790	0	0
BLOOM ENERGY CORP CL A	COM CL A	093712107	2,860	105,735	SH		SOLE	NA	105,735	0	0
BRISTOL MYERS SQUIBB CO COM	COM	110122108	11,901	188,519	SH		SOLE	NA	188,519	0	0
BROOKFIELD REAL ASSETS INCOME FD	SHS BEN INT	112830104	912	44,061	SH		SOLE	NA	44,061	0	0
BWX TECHNOLOGIES INC COM	COM	05605H100	501	7,605	SH		SOLE	NA	7,605	0	0
CALAMOS STRATEGIC TOTAL RETURN FD COM SH B	COM SH BEN INT	128125101	694	40,278	SH		SOLE	NA	40,278	0	0
CANADIAN SOLAR INC	COM	136635109	305	6,146	SH		SOLE	NA	6,146	0	0
CANOPY GROWTH CORP SHS	COM	138035100	821	25,549	SH		SOLE	NA	25,549	0	0
CARLYLE GROUP INC COM	COM	14316J108	456	12,407	SH		SOLE	NA	12,407	0	0
CATERPILLAR INC	COM	149123101	257	1,109	SH		SOLE	NA	1,109	0	0
CHENIERE ENERGY INC COM NEW	COM NEW	16411R208	708	9,833	SH		SOLE	NA	9,833	0	0
CHENIERE ENERGY PARTNERS L P COM UNIT REPT	COM UNIT	16411Q101	10,294	247,745	SH		SOLE	NA	247,745	0	0
CIGNA CORP	COM	125523100	420	1,737	SH		SOLE	NA	1,737	0	0
CISCO SYSTEMS INC	COM	17275R102	217	4,197	SH		SOLE	NA	4,197	0	0
CLEAN ENERGY FUELS CORP COM	COM	184499101	251	18,264	SH		SOLE	NA	18,264	0	0
CLEARBRIDGE ENERGY MLP FD INC COM	COM	184692200	10,771	461,279	SH		SOLE	NA	461,279	0	0
CLEARBRIDGE ENERGY MLP OPPORTUNITY	COM	18469P209	14,904	797,841	SH		SOLE	NA	797,841	0	0
COHEN & STEERS INFRASTRUCTURE FD INC COM	COM	19248A109	28,491	1,020,083	SH		SOLE	NA	1,020,083	0	0
DANAHER CORP COM	COM	235851102	509	2,260	SH		SOLE	NA	2,260	0	0
DEERE & CO	COM	244199105	819	2,190	SH		SOLE	NA	2,190	0	0
DISNEY WALT CO DISNEY COM	COM	254687106	207	1,120	SH		SOLE	NA	1,120	0	0
DOUBLELINE INCOME SOLUTIONS FD	COM	258622109	45,981	2,531,972	SH		SOLE	NA	2,531,972	0	0
EATON VANCE TAX ADVANTAGED DIVID INCOME FU	COM	27828G107	4,249	161,725	SH		SOLE	NA	161,725	0	0
EATON VANCE TAX ADVANTAGED GLO GLOBAL DIVI	COM	27828S101	284	14,877	SH		SOLE	NA	14,877	0	0
ELI LILLY & CO COM	COM	532457108	4,311	23,076	SH		SOLE	NA	23,076	0	0
EMERGING MKTS INTERNET & ECOMMERCE ETF	EMQQ EM INTERN	301505889	3,555	55,622	SH		SOLE	NA	55,622	0	0
ENERGY TRANSFER LP COM UNITS	COM UT LTD PTN	29273V100	6,541	851,712	SH		SOLE	NA	851,712	0	0
ENTERPRISE PRODS PARTNERS L P COM UNIT	COM	293792107	8,093	367,522	SH		SOLE	NA	367,522	0	0
ETF SER SOLUTIONS DEFIANCE NEXT GEN CNTVY	DEFIANCE NEXT	26922A289	229	6,494	SH		SOLE	NA	6,494	0	0
EXXON MOBIL CORP COM	COM	30231G102	1,455	26,066	SH		SOLE	NA	26,066	0	0
FACEBOOK INC CL A	CL A	30303M102	357	1,212	SH		SOLE	NA	1,212	0	0
FIRST SOLAR INC COM	COM	336433107	314	3,598	SH		SOLE	NA	3,598	0	0
FORD MOTOR CO DEL COM PAR	COM	345370860	414	33,800	SH		SOLE	NA	33,800	0	0
GENERAL MNY MKT FUND	MONEY MARKET	370990228	38,938	38,938,272	SH		SOLE	NA	38,938,272	0	0
GLOBAL X FDS MLP ETF	GLBL X MLP ETF	37954Y343	14,186	428,834	SH		SOLE	NA	428,834	0	0
GOODYEAR TIRE & RUBBER CO COM	COM	382550101	301	17,122	SH		SOLE	NA	17,122	0	0
GRAYSCALE BITCOIN TR BTC SHS	COM	389637109	1,961	39,188	SH		SOLE	NA	39,188	0	0
HERCULES TECHNOLOGY GROWTH CAP INC	COM	427096508	6,225	388,357	SH		SOLE	NA	388,357	0	0
INFORMATION SERVICES GRP	COM	45675Y104	250	56,775	SH		SOLE	NA	56,775	0	0
INNOVATIVE INDL PPTYS INC	COM	45781V101	4,245	23,561	SH		SOLE	NA	23,561	0	0
INTEL CORP COM	COM	458140100	281	4,393	SH		SOLE	NA	4,393	0	0
INTERNATIONAL BUSINESS MACHS CORP COM	COM	459200101	277	2,081	SH		SOLE	NA	2,081	0	0
INVESCO QQQ TR UNIT SER 1	UNIT SER 1	46090E103	209	655	SH		SOLE	NA	655	0	0
INVESCO VAN KAMPEN DYNAMIC CR OPP FD COM	COM	46132R104	15,324	1,347,764	SH		SOLE	NA	1,347,764	0	0
ISHARES INC CORE MSCI EMERGING MKTS ETF	CORE MSCI EMKT	46434G103	3,532	54,877	SH		SOLE	NA	54,877	0	0
ISHARES TR CORE S&P U S VALUE ETF	CORE S&P US VLU	464287663	236	3,426	SH		SOLE	NA	3,426	0	0
ISHARES TR MSCI EMERGING MKTS INDEX FD	MSCI EMG MKT ETF	464287234	280	5,258	SH		SOLE	NA	5,258	0	0
JOHNSON & JOHNSON COM	COM	478160104	951	5,788	SH		SOLE	NA	5,788	0	0
JP MORGAN CHASE & CO COM	COM	46625H100	205	1,348	SH		SOLE	NA	1,348	0	0
KAYNE ANDERSON MIDSTREAM / ENERGY FD INC C	COM	48661E108	255	38,245	SH		SOLE	NA	38,245	0	0
KINDER MORGAN INC	COM	49456B101	13,804	829,083	SH		SOLE	NA	829,083	0	0
MASTERCARD INC CL A	CL A	57636Q104	863	2,423	SH		SOLE	NA	2,423	0	0
MERCK & CO INC NEW COM	COM	58933Y105	362	4,694	SH		SOLE	NA	4,694	0	0
MESA RTY TR UNIT BEN INT	UNIT BEN INT	590660106	265	55,814	SH		SOLE	NA	55,814	0	0
MICROSOFT CORP COM	COM	594918104	1,418	6,013	SH		SOLE	NA	6,013	0	0
MONDELEZ INTL INC CL A	CL A	609207105	239	4,085	SH		SOLE	NA	4,085	0	0
NIKE INC CLASS B	CL B	654106103	395	2,972	SH		SOLE	NA	2,972	0	0
NUVEEN GLOBAL HIGH INCOME FD SHS	SHS	67075G103	43,722	2,826,256	SH		SOLE	NA	2,826,256	0	0
ONEOK INC NEW COM	COM	682680103	208	4,101	SH		SOLE	NA	4,101	0	0
ORACLE CORP COM	COM	68389X105	202	2,885	SH		SOLE	NA	2,885	0	0
PERMIAN BASIN RTY TR UNIT BEN INT	UNIT BEN INT	714236106	439	110,225	SH		SOLE	NA	110,225	0	0
PERMIANVILLE RTY TR TR UNIT	TR UNIT	71425H100	362	242,903	SH		SOLE	NA	242,903	0	0
PHILIP MORRIS INTL INC COM	COM	718172109	560	6,311	SH		SOLE	NA	6,311	0	0
PIMCO DYNAMIC CREDIT INCOME FD COM SHS	COM SHS	72202D106	24,010	1,078,130	SH		SOLE	NA	1,078,130	0	0
PROCTER & GAMBLE CO COM	COM	742718109	1,097	8,098	SH		SOLE	NA	8,098	0	0
QUALCOMM INC	COM	747525103	325	2,452	SH		SOLE	NA	2,452	0	0
RAYTHEON TECHNOLOGIES CORP	COM	75513E101	226	2,920	SH		SOLE	NA	2,920	0	0
SELECT SECTOR SPDR FD HEALTH CARE	SBI HEALTHCARE	81369Y209	1,708	14,630	SH		SOLE	NA	14,630	0	0
TEKLA HEALTHCARE OPPORTUNITIES FD SHS	SHS	879105104	700	32,199	SH		SOLE	NA	32,199	0	0
TEMPLETN EM MKT INCOME COM	COM	880192109	16,937	2,298,099	SH		SOLE	NA	2,298,099	0	0
TEXAS INSTRUMENTS INC	COM	882508104	5,001	29,105	SH		SOLE	NA	29,105	0	0
TORTOISE PWR & ENERGY INFRASTRUCTURE FUND	COM	89147X104	230	19,052	SH		SOLE	NA	19,052	0	0
UNITEDHEALTH GROUP INC COM	COM	91324P102	208	559	SH		SOLE	NA	559	0	0
UNUM GROUP	COM	91529Y106	6,190	222,422	SH		SOLE	NA	222,422	0	0
VISA INC COM CL A	COM CL A	92826C839	4,649	21,958	SH		SOLE	NA	21,958	0	0
VOC ENERGY TR TR UNIT	TR UNIT	91829B103	590	168,431	SH		SOLE	NA	168,431	0	0
WAL MART STORES INC COM	COM	931142103	326	2,397	SH		SOLE	NA	2,397	0	0
WESTERN ASSET EMERGING MKTS DEBT FD INC	COM	95766A101	45,944	3,475,317	SH		SOLE	NA	3,475,317	0	0
WESTERN ASSET GLOBAL CORP DEFINED OPPTNTY	COM	95790C107	727	41,299	SH		SOLE	NA	41,299	0	0
CAMERON TX EDU CORP REVENUE FAITH FAMILY ACADEMY - SERIES A	MUNICIPAL BOND	133582AN6	1,502	1,500,000	PRN		SOLE	NA	1,500,000	0	0
FANNIN CNTY TX PUBLIC FAC CORP REVENUE TXBLE	MUNICIPAL BOND	307149AM6	1,381	1,900,000	PRN		SOLE	NA	1,900,000	0	0
FANNIN CNTY TX PUBLIC FAC CORP REVENUE TXBLE-REF	MUNICIPAL BOND	307149AN4	413	590,000	PRN		SOLE	NA	590,000	0	0
FL CHARTER SCHOOL REVENUE RIVER CITY EDU SVCS INC PROJ- SER A	MUNICIPAL BOND	140539AC1	1,456	1,380,000	PRN		SOLE	NA	1,380,000	0	0
FL CHARTER SCHOOL REVENUE RIVER CITY EDU SVCS INC PROJ-SER A	MUNICIPAL BOND	140539AB3	577	545,000	PRN		SOLE	NA	545,000	0	0
MOUNT ORAB OH PORT AUTH AUTOMALL PROJECT - 6.750 TAXABLE 12/01/36	MUNICIPAL BOND	622266AA2	4,804	4,825,000	PRN		SOLE	NA	4,825,000	0	0
PIMA CNTY AZ INDL DEV AUTH EDU REVENUE GRIFFIN FNDTN PROJ SER A	MUNICIPAL BOND	72177MJQ1	3,663	3,660,000	PRN		SOLE	NA	3,660,000	0	0
PIMA CNTY AZ INDL DEV AUTH EDU REVENUE GRIFFIN FNDTN PROJ SER B	MUNICIPAL BOND	72177MJR9	535	535,000	PRN		SOLE	NA	535,000	0	0
PRAIRIELAND DETENTION CENTER PROJ - PUB FAC CORP TEXAS PROJ REV TAXABLE	MUNICIPAL BOND	73972CAN4	3,517	5,435,000	PRN		SOLE	NA	5,435,000	0	0
PUBLIC FIN AUTH WIS ED REV TRIAD EDUCATION SERVICES INC	MUNICIPAL BOND	74442EAX8	1,818	1,700,000	PRN		SOLE	NA	1,700,000	0	0
SILICON VLY CA TOBACCO SECURITIZATION AUTH TABACCO SETTLEM CAP APPREC	MUNICIPAL BOND	82706TAD3	328	3,500,000	PRN		SOLE	NA	3,500,000	0	0
TANGIPAHOA PARISH LA HOSP SVC DIST NO 1 HOSP REV TAXABLE-NORTH OAKS	MUNICIPAL BOND	875518EL2	607	605,000	PRN		SOLE	NA	605,000	0	0
TULANE UNIV LA RFDG-TULANE UNIV-C 02/15/36 B/E DTD 05/31/07 CLB	MUNICIPAL BOND	899062BQ5	766	810,000	PRN		SOLE	NA	810,000	0	0