Selway Asset Management Buys PIMCO Municipal Income Fund, PACCAR Inc, Becton, Dickinson and Co, Sells PIMCO Municipal Income Fund II, Oracle Corp, Deutsche High Income Opportunities Fund Inc

• New Purchases: PCAR, BDX, DAL, NLY, ALLPG.PFD, NMZ,
• Added Positions: PMF, HD, AAP, ESRX, MPC, BHK, CELG, AAPL, EVV, SVXY,
• Reduced Positions: PML, UNP, BDCL, CSCO, HBI, UTHR, WBA, MET, QCOM, SPY,
• Sold Out: ORCL, DHG, GM, BGS, KR, COFPH.PFD,

For the details of Selway Asset Management's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Selway+Asset+Management

1. 2xLeveraged Long Exchange Traded Access Securities (BDCL) - 669,340 shares, 6.15% of the total portfolio. Shares reduced by 7.15%
2. Apple Inc (AAPL) - 50,594 shares, 5.3% of the total portfolio. Shares added by 4.36%
3. Cisco Systems Inc (CSCO) - 152,618 shares, 4.09% of the total portfolio. Shares reduced by 11.97%
4. JPMorgan Chase & Co (JPM) - 52,924 shares, 3.63% of the total portfolio. Shares reduced by 5.34%
5. FedEx Corp (FDX) - 23,775 shares, 3.56% of the total portfolio. Shares reduced by 4.61%

Selway Asset Management initiated holding in PACCAR Inc. The purchase prices were between $62.94 and $79, with an estimated average price of $70.96. The stock is now traded at around $69.56. The impact to a portfolio due to this purchase was 1.64%. The holding were 39,790 shares as of 2018-03-31.

Selway Asset Management initiated holding in Becton, Dickinson and Co. The purchase prices were between $210.6 and $246.28, with an estimated average price of $224.32. The stock is now traded at around $232.88. The impact to a portfolio due to this purchase was 1.07%. The holding were 7,903 shares as of 2018-03-31.

Selway Asset Management initiated holding in Delta Air Lines Inc. The purchase prices were between $50.46 and $60.13, with an estimated average price of $55.16. The stock is now traded at around $55.08. The impact to a portfolio due to this purchase was 0.88%. The holding were 25,795 shares as of 2018-03-31.

Selway Asset Management initiated holding in Annaly Capital Management Inc. The purchase prices were between $10.03 and $11.67, with an estimated average price of $10.65. The stock is now traded at around $10.28. The impact to a portfolio due to this purchase was 0.22%. The holding were 34,046 shares as of 2018-03-31.

Selway Asset Management initiated holding in Allstate Corp. The purchase prices were between $25.08 and $25.08, with an estimated average price of $25.08. The stock is now traded at around $25.08. The impact to a portfolio due to this purchase was 0.17%. The holding were 11,000 shares as of 2018-03-31.

Selway Asset Management initiated holding in Nuveen Municipal High Income Opp Fund. The purchase prices were between $12.4 and $13.82, with an estimated average price of $13.09. The stock is now traded at around $12.39. The impact to a portfolio due to this purchase was 0.14%. The holding were 18,200 shares as of 2018-03-31.

Selway Asset Management added to a holding in PIMCO Municipal Income Fund by 408.68%. The purchase prices were between $12.32 and $13.33, with an estimated average price of $12.72. The stock is now traded at around $12.48. The impact to a portfolio due to this purchase was 2.72%. The holding were 432,500 shares as of 2018-03-31.

Selway Asset Management added to a holding in The Home Depot Inc by 50.13%. The purchase prices were between $171.8 and $207.23, with an estimated average price of $187.63. The stock is now traded at around $177.25. The impact to a portfolio due to this purchase was 0.94%. The holding were 25,335 shares as of 2018-03-31.

Selway Asset Management added to a holding in Advance Auto Parts Inc by 35.08%. The purchase prices were between $105.35 and $123.64, with an estimated average price of $114.26. The stock is now traded at around $105.07. The impact to a portfolio due to this purchase was 0.62%. The holding were 32,150 shares as of 2018-03-31.

Selway Asset Management added to a holding in Express Scripts Holding Co by 25.44%. The purchase prices were between $69.08 and $81.92, with an estimated average price of $76.29. The stock is now traded at around $75.21. The impact to a portfolio due to this purchase was 0.5%. The holding were 56,825 shares as of 2018-03-31.

Selway Asset Management sold out a holding in Oracle Corp. The sale prices were between $44.79 and $52.97, with an estimated average price of $49.71.

Selway Asset Management sold out a holding in Deutsche High Income Opportunities Fund Inc. The sale prices were between $14.91 and $15.17, with an estimated average price of $15.02.

Selway Asset Management sold out a holding in General Motors Co. The sale prices were between $34.87 and $44.22, with an estimated average price of $40.56.

Selway Asset Management sold out a holding in B&G Foods Inc. The sale prices were between $23.7 and $35.25, with an estimated average price of $30.73.

Selway Asset Management sold out a holding in The Kroger Co. The sale prices were between $22.98 and $31.34, with an estimated average price of $27.16.

Selway Asset Management sold out a holding in Capital One Financial Corp. The sale prices were between $25.44 and $27.04, with an estimated average price of $26.14.

Selway Asset Management reduced to a holding in PIMCO Municipal Income Fund II by 48.09%. The sale prices were between $12.2 and $13.34, with an estimated average price of $12.67. The stock is now traded at around $12.65. The impact to a portfolio due to this sale was -2.71%. Selway Asset Management still held 377,900 shares as of 2018-03-31.

Selway Asset Management reduced to a holding in Union Pacific Corp by 76.38%. The sale prices were between $124.14 and $141.97, with an estimated average price of $134.56. The stock is now traded at around $136.02. The impact to a portfolio due to this sale was -0.6%. Selway Asset Management still held 2,350 shares as of 2018-03-31.

Selway Asset Management reduced to a holding in Hanesbrands Inc by 23.86%. The sale prices were between $18.38 and $23.24, with an estimated average price of $20.64. The stock is now traded at around $18.34. The impact to a portfolio due to this sale was -0.31%. Selway Asset Management still held 79,227 shares as of 2018-03-31.

Selway Asset Management reduced to a holding in United Therapeutics Corp by 55.61%. The sale prices were between $107.21 and $151.94, with an estimated average price of $127.04. The stock is now traded at around $111.13. The impact to a portfolio due to this sale was -0.23%. Selway Asset Management still held 2,075 shares as of 2018-03-31.

Selway Asset Management reduced to a holding in Walgreens Boots Alliance Inc by 22%. The sale prices were between $65.43 and $80.27, with an estimated average price of $71.45. The stock is now traded at around $64.47. The impact to a portfolio due to this sale was -0.22%. Selway Asset Management still held 18,136 shares as of 2018-03-31.

Selway Asset Management reduced to a holding in MetLife Inc by 24.3%. The sale prices were between $44.08 and $54.77, with an estimated average price of $48.52. The stock is now traded at around $47.52. The impact to a portfolio due to this sale was -0.2%. Selway Asset Management still held 21,500 shares as of 2018-03-31.