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	349	1,989	SH		SOLE	NA	1,989	0	0
ABBVIE INC	COM	00287Y109	12,395	114,907	SH		SOLE	NA	114,907	0	0
ABERDEEN ASIA-PACIFIC INCOME FD INC COM	COM	003009107	33,427	8,054,788	SH		SOLE	NA	8,054,788	0	0
ABERDEEN TOTAL DYNAMIC DIVID FD C	COM SH BEN INT	00326L100	268	27,559	SH		SOLE	NA	27,559	0	0
ACCENTURE PLC IRELAND CLASS SHS ISIN#IE00B	SHS CLASS A	G1151C101	581	1,815	SH		SOLE	NA	1,815	0	0
ADOBE SYS INC COM	COM	00724F101	401	697	SH		SOLE	NA	697	0	0
ALLIANCEBERSTEIN GLOBAL HIGH INCOME FD INC	COM	01879R106	37,921	3,090,563	SH		SOLE	NA	3,090,563	0	0
ALTRIA GROUP INC	COM	02209S103	372	8,162	SH		SOLE	NA	8,162	0	0
AMAZON COM INC	COM	023135106	3,170	965	SH		SOLE	NA	965	0	0
AMERICAN TOWER CORP CL A	COM	03027X100	229	864	SH		SOLE	NA	864	0	0
AMPHENOL CORP NEW CL A	CL A	032095101	412	5,627	SH		SOLE	NA	5,627	0	0
APPLE INC COM	COM	037833100	2,833	20,018	SH		SOLE	NA	20,018	0	0
APPLIED MATERIALS INC	COM	038222105	342	2,659	SH		SOLE	NA	2,659	0	0
ARES CAP CORP COM	COM	04010L103	21,021	1,034,012	SH		SOLE	NA	1,034,012	0	0
ATLANTICA YIELD PLC	SHS	G0751N103	14,529	421,001	SH		SOLE	NA	421,001	0	0
BERKSHIRE HATHAWAY INC DEL CL B NEW	CL B NEW	084670702	592	2,169	SH		SOLE	NA	2,169	0	0
BLACKROCK CORPORATE HIGH YIELD FD VI INC C	COM	09255P107	13,366	1,095,581	SH		SOLE	NA	1,095,581	0	0
BLOOM ENERGY CORP CL A	COM CL A	093712107	2,208	117,971	SH		SOLE	NA	117,971	0	0
BRISTOL MYERS SQUIBB CO COM	COM	110122108	11,417	192,953	SH		SOLE	NA	192,953	0	0
BROOKFIELD REAL ASSETS INCOME FD	SHS BEN INT	112830104	1,533	73,301	SH		SOLE	NA	73,301	0	0
BWX TECHNOLOGIES INC COM	COM	05605H100	426	7,905	SH		SOLE	NA	7,905	0	0
CALAMOS STRATEGIC TOTAL RETURN FD COM SH B	COM SH BEN INT	128125101	1,049	59,187	SH		SOLE	NA	59,187	0	0
CANADIAN SOLAR INC	COM	136635109	204	5,888	SH		SOLE	NA	5,888	0	0
CANOPY GROWTH CORP SHS	COM	138035100	310	22,361	SH		SOLE	NA	22,361	0	0
CARLYLE GROUP INC COM	COM	14316J108	611	12,925	SH		SOLE	NA	12,925	0	0
CATERPILLAR INC	COM	149123101	358	1,865	SH		SOLE	NA	1,865	0	0
CHENIERE ENERGY INC COM NEW	COM NEW	16411R208	1,306	13,372	SH		SOLE	NA	13,372	0	0
CHENIERE ENERGY PARTNERS L P COM UNIT REPT	COM UNIT	16411Q101	9,609	236,273	SH		SOLE	NA	236,273	0	0
CIGNA CORP	COM	125523100	335	1,672	SH		SOLE	NA	1,672	0	0
CISCO SYSTEMS INC	COM	17275R102	229	4,215	SH		SOLE	NA	4,215	0	0
CLEARBRIDGE ENERGY MLP FD INC COM	COM	184692200	10,775	396,885	SH		SOLE	NA	396,885	0	0
CLEARBRIDGE ENERGY MLP OPPORTUNITY	COM	18469P209	16,795	768,638	SH		SOLE	NA	768,638	0	0
COHEN & STEERS INFRASTRUCTURE FD INC COM	COM	19248A109	26,616	982,152	SH		SOLE	NA	982,152	0	0
COHEN & STEERS QUALITY INCOME RLTY FD INC	COM	19247L106	312	20,922	SH		SOLE	NA	20,922	0	0
CONOCOPHILLIPS COM	COM	20825C104	202	2,983	SH		SOLE	NA	2,983	0	0
DANAHER CORP COM	COM	235851102	1,038	3,409	SH		SOLE	NA	3,409	0	0
DEERE & CO	COM	244199105	757	2,259	SH		SOLE	NA	2,259	0	0
DOUBLELINE INCOME SOLUTIONS FD	COM	258622109	44,253	2,491,745	SH		SOLE	NA	2,491,745	0	0
DUKE ENERGY CORP NEW COM	COM NEW	26441C204	808	8,282	SH		SOLE	NA	8,282	0	0
EATON VANCE TAX ADVANTAGED DIVID INCOME FU	COM	27828G107	4,697	171,127	SH		SOLE	NA	171,127	0	0
EATON VANCE TAX ADVANTAGED GLO GLOBAL DIVI	COM	27828S101	538	25,280	SH		SOLE	NA	25,280	0	0
ELI LILLY & CO COM	COM	532457108	5,270	22,810	SH		SOLE	NA	22,810	0	0
ENBRIDGE INC	COM	29250N105	222	5,560	SH		SOLE	NA	5,560	0	0
ENERGY TRANSFER LP COM UNITS	COM UT LTD PTN	29273V100	7,986	833,585	SH		SOLE	NA	833,585	0	0
ENTERPRISE PRODS PARTNERS L P COM UNIT	COM	293792107	7,868	363,600	SH		SOLE	NA	363,600	0	0
ETF SER SOLUTIONS DEFIANCE NEXT GEN CNTVY	DEFIANCE NEXT	26922A289	544	14,977	SH		SOLE	NA	14,977	0	0
EXXON MOBIL CORP COM	COM	30231G102	1,719	29,220	SH		SOLE	NA	29,220	0	0
FACEBOOK INC CL A	CL A	30303M102	411	1,212	SH		SOLE	NA	1,212	0	0
FIRST SOLAR INC COM	COM	336433107	336	3,518	SH		SOLE	NA	3,518	0	0
FORD MOTOR CO DEL COM PAR	COM	345370860	528	37,258	SH		SOLE	NA	37,258	0	0
GENERAL MNY MKT FUND	MONEY MARKET	370990228	69,260	69,259,623	SH		SOLE	NA	69,259,623	0	0
GENERAL MTRS CO COM	COM	37045V100	216	4,107	SH		SOLE	NA	4,107	0	0
GLOBAL X FDS MLP ETF	GLBL X MLP ETF	37954Y343	15,652	443,767	SH		SOLE	NA	443,767	0	0
GLOBAL X LITHIUM AND BATTERY ETF	LITHIUM BTRY ETF	37954Y855	634	7,738	SH		SOLE	NA	7,738	0	0
GOODYEAR TIRE & RUBBER CO COM	COM	382550101	301	16,980	SH		SOLE	NA	16,980	0	0
HERCULES TECHNOLOGY GROWTH CAP INC	COM	427096508	6,792	408,887	SH		SOLE	NA	408,887	0	0
INFORMATION SERVICES GRP	COM	45675Y104	228	31,775	SH		SOLE	NA	31,775	0	0
INNOVATIVE INDL PPTYS INC	COM	45781V101	14,513	62,779	SH		SOLE	NA	62,779	0	0
INTEL CORP COM	COM	458140100	321	6,028	SH		SOLE	NA	6,028	0	0
INTERNATIONAL BUSINESS MACHS CORP COM	COM	459200101	290	2,088	SH		SOLE	NA	2,088	0	0
INVESCO QQQ TR UNIT SER 1	UNIT SER 1	46090E103	235	656	SH		SOLE	NA	656	0	0
INVESCO VAN KAMPEN DYNAMIC CR OPP FD COM	COM	46132R104	16,337	1,396,366	SH		SOLE	NA	1,396,366	0	0
ISHARES INC MSCI FRONTIER & SELECT EM ETF	MSCI FRONTIER	464286145	479	14,121	SH		SOLE	NA	14,121	0	0
ISHARES TR CORE S&P U S VALUE ETF	CORE S&P US VLU	464287663	245	3,459	SH		SOLE	NA	3,459	0	0
ISHARES TR GLOBAL CLEAN ENERGY ETF	GL CLEAN ENE ETF	464288224	369	17,039	SH		SOLE	NA	17,039	0	0
JOHNSON & JOHNSON COM	COM	478160104	884	5,471	SH		SOLE	NA	5,471	0	0
JP MORGAN CHASE & CO COM	COM	46625H100	264	1,611	SH		SOLE	NA	1,611	0	0
KAYNE ANDERSON NEXTGEN ENERGY & INFRAST	COM	48661E108	3,091	424,618	SH		SOLE	NA	424,618	0	0
KINDER MORGAN INC	COM	49456B101	13,643	815,499	SH		SOLE	NA	815,499	0	0
KLA CORP	COM NEW	482480100	304	909	SH		SOLE	NA	909	0	0
MASTERCARD INC CL A	CL A	57636Q104	847	2,436	SH		SOLE	NA	2,436	0	0
MERCK & CO INC NEW COM	COM	58933Y105	348	4,629	SH		SOLE	NA	4,629	0	0
MESA RTY TR UNIT BEN INT	UNIT BEN INT	590660106	282	49,625	SH		SOLE	NA	49,625	0	0
MICROSOFT CORP COM	COM	594918104	1,582	5,611	SH		SOLE	NA	5,611	0	0
MONDELEZ INTL INC CL A	CL A	609207105	238	4,085	SH		SOLE	NA	4,085	0	0
NIKE INC CLASS B	CL B	654106103	432	2,972	SH		SOLE	NA	2,972	0	0
NUVEEN GLOBAL HIGH INCOME FD SHS	SHS	67075G103	44,733	2,785,346	SH		SOLE	NA	2,785,346	0	0
ORACLE CORP COM	COM	68389X105	252	2,892	SH		SOLE	NA	2,892	0	0
PERMIAN BASIN RTY TR UNIT BEN INT	UNIT BEN INT	714236106	566	98,705	SH		SOLE	NA	98,705	0	0
PERMIANVILLE RTY TR TR UNIT	TR UNIT	71425H100	405	211,005	SH		SOLE	NA	211,005	0	0
PHILIP MORRIS INTL INC COM	COM	718172109	603	6,363	SH		SOLE	NA	6,363	0	0
PROCTER & GAMBLE CO COM	COM	742718109	1,433	10,249	SH		SOLE	NA	10,249	0	0
QUALCOMM INC	COM	747525103	316	2,454	SH		SOLE	NA	2,454	0	0
RAYTHEON TECHNOLOGIES CORP	COM	75513E101	252	2,928	SH		SOLE	NA	2,928	0	0
SELECT SECTOR SPDR FD HEALTH CARE	SBI HEALTHCARE	81369Y209	2,127	16,707	SH		SOLE	NA	16,707	0	0
SOUTHERN CO COM	COM	842587107	270	4,355	SH		SOLE	NA	4,355	0	0
TEKLA HEALTHCARE OPPORTUNITIES FD SHS	SHS	879105104	885	39,070	SH		SOLE	NA	39,070	0	0
TEXAS INSTRUMENTS INC	COM	882508104	5,338	27,770	SH		SOLE	NA	27,770	0	0
TORTOISE PWR & ENERGY INFRASTRUCTURE FUND	COM	89147X104	250	18,849	SH		SOLE	NA	18,849	0	0
UNITEDHEALTH GROUP INC COM	COM	91324P102	237	606	SH		SOLE	NA	606	0	0
UNUM GROUP	COM	91529Y106	5,696	227,276	SH		SOLE	NA	227,276	0	0
VERIZON COMMUNICATIONS COM	COM	92343V104	612	11,333	SH		SOLE	NA	11,333	0	0
VISA INC COM CL A	COM CL A	92826C839	5,035	22,605	SH		SOLE	NA	22,605	0	0
VOC ENERGY TR TR UNIT	TR UNIT	91829B103	668	145,596	SH		SOLE	NA	145,596	0	0
WAL MART STORES INC COM	COM	931142103	350	2,512	SH		SOLE	NA	2,512	0	0
WESTERN ASSET EMERGING MKTS DEBT FD INC	COM	95766A101	46,322	3,406,019	SH		SOLE	NA	3,406,019	0	0
WESTERN ASSET GLOBAL CORP DEFINED OPPTNTY	COM	95790C107	664	36,818	SH		SOLE	NA	36,818	0	0
FANNIN CNTY TX PUBLIC FAC CORP REVENUE TXBLE	MUNICIPAL BOND	307149AM6	1,321	1,800,000	PRN		SOLE	NA	1,800,000	0	0
FANNIN CNTY TX PUBLIC FAC CORP REVENUE TXBLE-REF	MUNICIPAL BOND	307149AN4	426	590,000	PRN		SOLE	NA	590,000	0	0
FL CHARTER SCHOOL REVENUE RIVER CITY EDU SVCS INC PROJ- SER A	MUNICIPAL BOND	140539AC1	1,374	1,305,000	PRN		SOLE	NA	1,305,000	0	0
FL CHARTER SCHOOL REVENUE RIVER CITY EDU SVCS INC PROJ-SER A	MUNICIPAL BOND	140539AB3	454	43,000	PRN		SOLE	NA	43,000	0	0
MOUNT ORAB OH PORT AUTH AUTOMALL PROJECT - 6.750 TAXABLE 12/01/36	MUNICIPAL BOND	622266AA2	4,714	4,625,000	PRN		SOLE	NA	4,625,000	0	0
PIMA CNTY AZ INDL DEV AUTH EDU REVENUE GRIFFIN FNDTN PROJ SER A	MUNICIPAL BOND	72177MJQ1	3,373	3,370,000	PRN		SOLE	NA	3,370,000	0	0
PIMA CNTY AZ INDL DEV AUTH EDU REVENUE GRIFFIN FNDTN PROJ SER B	MUNICIPAL BOND	72177MJR9	520	520,000	PRN		SOLE	NA	520,000	0	0
PRAIRIELAND DETENTION CENTER PROJ - PUB FAC CORP TEXAS PROJ REV TAXABLE	MUNICIPAL BOND	73972CAN4	3,819	5,310,000	PRN		SOLE	NA	5,310,000	0	0
PUBLIC FIN AUTH WIS ED REV TRIAD EDUCATION SERVICES INC	MUNICIPAL BOND	74442EAX8	1,716	1,600,000	PRN		SOLE	NA	1,600,000	0	0
SILICON VLY CA TOBACCO SECURITIZATION AUTH TABACCO SETTLEM CAP APPREC	MUNICIPAL BOND	82706TAD3	339	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
TOBACCO SETTLEMENT FING CORP VA RFDG-FIRST SUB-SER C	MUNICIPAL BOND	88880NAW9	204	830,000	PRN		SOLE	NA	830,000	0	0
TULANE UNIV LA RFDG-TULANE UNIV-C 0.523 02/15/36 B/E DTD 05/31/07 CLB	MUNICIPAL BOND	899062BQ5	757	810,000	PRN		SOLE	NA	810,000	0	0