Penn Mutual Asset Management, LLC Buys Annaly Capital Management Inc, VanEck Vectors J.P. Morgan EM Local Currency Bond , AT&T Inc, Sells Aberdeen Asia-pacific Income Fund Inc, Morgan Stanley Emerging Markets Domestic Debt Fund, Capstead Mortgage Corp

• New Purchases: EMLC, AVLR,
• Added Positions: NLY, T, DOCU, NRZ, AGNC, SPG, TWO,
• Reduced Positions: FAX, EDD, CMO, EMD, CLNY, BCX, GHY, ECC, WFCPL.PFD,
• Sold Out: MGTA,

For the details of Penn Mutual Asset Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/penn+mutual+asset+management%2C+llc/current-portfolio/portfolio

1. AGNC Investment Corp (AGNC) - 1,265,800 shares, 21.00% of the total portfolio. Shares added by 4.05%
2. Annaly Capital Management Inc (NLY) - 1,751,800 shares, 15.78% of the total portfolio. Shares added by 100.25%
3. Aberdeen Asia-pacific Income Fund Inc (FAX) - 2,179,083 shares, 8.99% of the total portfolio. Shares reduced by 21.76%
4. AT&T Inc (T) - 224,000 shares, 7.40% of the total portfolio. Shares added by 41.77%
5. Morgan Stanley Emerging Markets Domestic Debt Fund (EDD) - 1,059,799 shares, 7.22% of the total portfolio. Shares reduced by 31.46%

Penn Mutual Asset Management, LLC initiated holding in VanEck Vectors J.P. Morgan EM Local Currency Bond . The purchase prices were between $32.01 and $34.35, with an estimated average price of $32.89. The stock is now traded at around $33.36. The impact to a portfolio due to this purchase was 6.13%. The holding were 179,000 shares as of .

Penn Mutual Asset Management, LLC initiated holding in Avalara Inc. The purchase prices were between $54.8 and $74.62, with an estimated average price of $64.49. The stock is now traded at around $85.59. The impact to a portfolio due to this purchase was 0.03%. The holding were 426 shares as of .

Penn Mutual Asset Management, LLC added to a holding in Annaly Capital Management Inc by 100.25%. The purchase prices were between $8.81 and $10.14, with an estimated average price of $9.53. The stock is now traded at around $8.94. The impact to a portfolio due to this purchase was 7.9%. The holding were 1,751,800 shares as of .

Penn Mutual Asset Management, LLC added to a holding in AT&T Inc by 41.77%. The purchase prices were between $30.3 and $33.51, with an estimated average price of $31.77. The stock is now traded at around $35.16. The impact to a portfolio due to this purchase was 2.18%. The holding were 224,000 shares as of .

Penn Mutual Asset Management, LLC added to a holding in DocuSign Inc by 118.35%. The purchase prices were between $47.9 and $57.66, with an estimated average price of $53.4. The stock is now traded at around $45.30. The impact to a portfolio due to this purchase was 1.92%. The holding were 72,331 shares as of .

Penn Mutual Asset Management, LLC added to a holding in New Residential Investment Corp by 25.29%. The purchase prices were between $15.13 and $17.17, with an estimated average price of $16.31. The stock is now traded at around $14.43. The impact to a portfolio due to this purchase was 0.99%. The holding were 322,000 shares as of .

Penn Mutual Asset Management, LLC added to a holding in Two Harbors Investment Corp by 33.33%. The purchase prices were between $12.22 and $13.88, with an estimated average price of $13.14. The stock is now traded at around $13.33. The impact to a portfolio due to this purchase was 0.5%. The holding were 160,000 shares as of .

Penn Mutual Asset Management, LLC sold out a holding in Magenta Therapeutics Inc. The sale prices were between $13.4 and $17.67, with an estimated average price of $15.47.