Melvin L. Watt
Melvin L. Watt Net Worth & Financial Disclosure
houseAnnual financial disclosure for 2013, filed July 9, 2013. Includes 51 assets and 3 liabilities.
Est. Net Worth
$340K
2013 annual disclosure
Total Assets
$575K - $1.7M
51 assets
Total Liabilities
$515K - $1.1M
3 liabilities
Total Trades
116
From PTR filings
Trade Volume
$844K
Midpoint of disclosed ranges
Net Worth Over Time
Show data table
| Period | Est. net worth |
|---|---|
| 2008 | $1.1M |
| 2008 | $1.1M |
| 2009 | $992K |
| 2010 | $1M |
| 2010 | $1.2M |
| 2011 | $1.2M |
| 2012 | $1.1M |
| 2012 | $544K |
| 2012 | $733K |
| 2013 | $340K |
| 2013 | $405K |
Assets by Category
Stocks$470K (26)
Bank & Cash$208K (2)
Real Estate$150K (2)
LLC / Partnership$108K (2)
Mutual Funds$82K (12)
Retirement & Pension$57K (4)
Gov. Securities$33K (1)
Other$16K (2)
Top Stock Holdings (from trades)
All Assets (51)
| Asset | Value |
|---|---|
American Firm Strategic Fund | N/A |
| $50,001 - $100,000 | |
Ariel Appreciation Fund - IRA (Not Self-Directed) | $15,001 - $50,000 |
Ariel Appreciation Fund - Taxable (Not Self-Directed) | $1,001 - $15,000 |
Artio International Equity Fund - IRA | $1,001 - $15,000 |
| $1,001 - $15,000 | |
| $1,001 - $15,000 | |
| $15,001 - $50,000 | |
| $15,001 - $50,000 | |
| $50,001 - $100,000 | |
| N/A | |
DWS New York Venture Fund - IRA | $1,001 - $15,000 |
Deutsche Bank 6.625% | $1,001 - $15,000 |
| $15,001 - $50,000 | |
Eaton Vance Tax Managed | $1 - $1,000 |
Eaton Worldwide Healthsciences | N/A |
| N/A | |
High Point NC 3.5% High Point, NC, US | $15,001 - $50,000 |
| N/A | |
| $1,001 - $15,000 | |
Lord Abbett Municipal Income Trust Intermediate Tax Free Fund Class I | $1,001 - $15,000 |
Lot – 15 Acres Burke County, North Carolina Burke County, North Carolina, US | $50,001 - $100,000 |
Lot 5/6/7 N Poplar St., Lenoir, NC Lenoir, North Carolina, US | $50,001 - $100,000 |
Highland Funds I Trust High Yield Municipal Bond Fund Class I | $1,001 - $15,000 |
Morganton Savings & Farmers Bank | $1,001 - $15,000 |
NC State Employees Credit Union North Carolina, US | $15,001 - $50,000 |
| N/A | |
| N/A | |
| $1,001 - $15,000 | |
| $5,001 - $15,000 | |
Nuveen Equity Premium Income Fund | $1 - $1,000 |
Onemed Technologies, Inc. | $1,001 - $15,000 |
Park Plaza Office LPI | $50,001 - $100,000 |
Rydex Sector Rotation Fund - IRA | $1,001 - $15,000 |
| $1,001 - $15,000 | |
| $1,001 - $15,000 | |
| $1,001 - $15,000 | |
Tocqueville TR Gold Fund - IRA | $1,001 - $15,000 |
| N/A | |
Transamerica - IRA (Not Self Directed) | $1,001 - $15,000 |
| $15,001 - $50,000 | |
| $1 - $1,000 | |
Wells Fargo Money Market Account | $100,001 - $250,000 |
| N/A | |
Wells Fargo Advantage Funds - IRA | $1,001 - $15,000 |
Wells Fargo Advantage Funds - IRA | $15,001 - $50,000 |
Wells Fargo Advantage Funds - IRA | $1 - $1,000 |
| $15,001 - $50,000 | |
Wells Fargo/JPMorgan | $50,001 - $100,000 |
Westside 200, Ltd. Charlotte, NC, US | $15,001 - $50,000 |
Stock Interest | $1,001 - $15,000 |
Liabilities (3)
| Creditor | Type | Amount |
|---|---|---|
| Wells Fargo Bank, N.A. | mortgage | $250,001 - $500,000 |
| Wells Fargo Bank, N.A. | mortgage | $250,001 - $500,000 |
| Mechanics & Farmers Bank | line of credit | $15,001 - $50,000 |
Trading Sector Allocation (from PTR trades)
Utilities$24K
Technology$153K
Basic Materials$64K
Industrials$56K
Real Estate$32K
Consumer Cyclical$32K
Healthcare$24K
Energy$16K
Manufacturing$16K
Financial Services$33K
Consumer Defensive$16K
Methodology: Net worth is calculated from annual financial disclosures filed under the STOCK Act. Congress members report asset values and liabilities in ranges (e.g., $1,001-$15,000), not exact amounts. The “estimated net worth” shown is the midpoint of total assets minus the midpoint of total liabilities. Actual values may differ. Stock trading data comes from separate Periodic Transaction Reports (PTRs).