IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
+16.96%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$678M
AUM Growth
+$30.9M
Cap. Flow
-$46.4M
Cap. Flow %
-6.85%
Top 10 Hldgs %
74.79%
Holding
136
New
18
Increased
–
Reduced
22
Closed
16

Top Buys

1
ETP.PRC
Energy Transfer Operating, L.P. 7.375% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetu
ETP.PRC
$3.01M
2
ESGRP
Enstar Group Depositary Shares Rep 1/1000 Preference Shares
ESGRP
$2.02M
3
PRIF.PRA
Priority Income Fund, Inc. 6.375% Series A Term Preferred Stock due 2025
PRIF.PRA
$1.96M
4
RNR.PRF icon
RenaissanceRe Holdings Ltd. Depositary Shares, each Representing a 1/1,000th Interest in a 5.750% Series F Preference Share
RNR.PRF
$1.5M
5
DCP.PRB
DCP Midstream, LP 7.875% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
DCP.PRB
$1.5M

Top Sells

1
BRK.A icon
Berkshire Hathaway Class A
BRK.A
$13M
2
MTN icon
Vail Resorts
MTN
$10.1M
3
RJF icon
Raymond James Financial
RJF
$7.38M
4
VTRB
Ventas Realty, Ltd Partnership
VTRB
$3M
5
WFC icon
Wells Fargo
WFC
$2.11M

Sector Composition

1 Materials 42.56%
2 Financials 16.14%
3 Real Estate 9.42%
4 Industrials 6.89%
5 Consumer Discretionary 5.03%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
TRV icon
26
Travelers Companies
TRV
$62B
$2.57M 0.38%
21,000
– –
J icon
27
Jacobs Solutions
J
$17.4B
$2.35M 0.35%
44,732
– –
EPR.PRG icon
28
EPR Properties 5.750% Series G Cumulative Redeemable Preferred Shares
EPR.PRG
$130M
$2.33M 0.34%
100,000
– –
LM
29
DELISTED
Legg Mason, Inc.
LM
$2.33M 0.34%
67,000
-33,000
-33% -$1.15M
IBM icon
30
IBM
IBM
$232B
$2.22M 0.33%
16,604
-6,799
-29% -$908K
UPS icon
31
United Parcel Service
UPS
$72.1B
$2.13M 0.31%
20,000
– –
ESGRP
32
DELISTED
Enstar Group Depositary Shares Rep 1/1000 Preference Shares
ESGRP
$2.02M 0.3%
+80,000
New +$2.02M
CVX icon
33
Chevron
CVX
$310B
$2.02M 0.3%
16,000
– –
CMSA
34
CMS Energy Corporation 5.625% Junior Subordinated Notes due 2078
CMSA
$185M
$1.99M 0.29%
80,000
– –
PRIF.PRA
35
DELISTED
Priority Income Fund, Inc. 6.375% Series A Term Preferred Stock due 2025
PRIF.PRA
$1.96M 0.29%
+80,000
New +$1.96M
LTSL
36
DELISTED
Ladenburg Thalmann Financial Services Inc. 6.50% Senior Notes due 2027
LTSL
$1.96M 0.29%
80,000
– –
DIS icon
37
Walt Disney
DIS
$212B
$1.94M 0.29%
18,500
– –
IEH
38
DELISTED
INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI)
IEH
$1.84M 0.27%
70,000
– –
ECCY
39
DELISTED
Eagle Point Credit Company Inc. 6.75% Notes due 2027
ECCY
$1.78M 0.26%
70,000
– –
GPC icon
40
Genuine Parts
GPC
$19.4B
$1.75M 0.26%
19,108
-22,692
-54% -$2.08M
DFP
41
DELISTED
DELPHI FINL GROUP, INC 7.376% FXD TO FLTNG RT JR SUB
DFP
$1.74M 0.26%
77,797
– –
GE icon
42
GE Aerospace
GE
$296B
$1.65M 0.24%
25,248
– –
TCGP
43
DELISTED
The Carlyle Group L.P. 5.875 Percent Series A Preferred Units
TCGP
$1.64M 0.24%
70,000
– –
T icon
44
AT&T
T
$212B
$1.61M 0.24%
66,200
– –
CNFR icon
45
Conifer Holdings
CNFR
$9.04M
$1.58M 0.23%
250,000
– –
RNR.PRF icon
46
RenaissanceRe Holdings Ltd. Depositary Shares, each Representing a 1/1,000th Interest in a 5.750% Series F Preference Share
RNR.PRF
$230M
$1.5M 0.22%
+60,000
New +$1.5M
DCP.PRB
47
DELISTED
DCP Midstream, LP 7.875% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
DCP.PRB
$1.5M 0.22%
+60,000
New +$1.5M
SNHNI
48
DELISTED
SENIOR HOUSING PROPERTIES TRUST 5.625% Senior Notes due 2042
SNHNI
$1.43M 0.21%
57,000
-10,000
-15% -$251K
CHN
49
China Fund
CHN
$166M
$1.43M 0.21%
68,399
– –
SRC.PRA
50
DELISTED
Spirit Realty Capital, Inc. 6.000 Percent Series A Cumulative Redeemable Preferred Stock
SRC.PRA
$1.4M 0.21%
60,000
– –
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