IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
+0.02%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$686M
AUM Growth
+$8.36M
Cap. Flow
+$12.6M
Cap. Flow %
1.83%
Top 10 Hldgs %
71.26%
Holding
135
New
15
Increased
5
Reduced
11
Closed
6

Top Buys

1
ETP.PRD
Energy Transfer Operating, L.P. 7.625% Series D Fixed-to-Floating Rate Cumulative Redeemable Perpetu
ETP.PRD
+$3.1M
2
DUKB
Duke Energy Corporation 5.625% Junior Subordinated Debentures due 2078
DUKB
+$2.5M
3
TBC
AT&T Inc. 5.625% Global Notes due 2067
TBC
+$2.48M
4
QVCD icon
QVC, Inc. 6.375% Senior Secured Notes due 2067
QVCD
+$2.4M
5
IBM icon
IBM
IBM
+$2.4M

Top Sells

1
MTN icon
Vail Resorts
MTN
+$8.23M
2
ETP.PRC
Energy Transfer Operating, L.P. 7.375% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetu
ETP.PRC
+$3.01M
3
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$1.6M
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
+$994K
5
STAG.PRC
Stag Industrial, Inc. 6.875% Series C Cumulative Redeemable Preferred Stock
STAG.PRC
+$898K

Sector Composition

1 Materials 40.36%
2 Financials 16.58%
3 Real Estate 8.38%
4 Industrials 7.14%
5 Healthcare 4.52%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
J icon
26
Jacobs Solutions
J
$17.3B
$2.83M 0.41%
44,732
– –
TRV icon
27
Travelers Companies
TRV
$61.8B
$2.72M 0.4%
21,000
– –
WFC icon
28
Wells Fargo
WFC
$254B
$2.63M 0.38%
50,000
– –
IEH
29
DELISTED
INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI)
IEH
$2.6M 0.38%
100,000
+30,000
+43% +$779K
CDK
30
DELISTED
CDK Global, Inc.
CDK
$2.58M 0.38%
41,164
– –
DUKB
31
Duke Energy Corporation 5.625% Junior Subordinated Debentures due 2078
DUKB
$499M
$2.5M 0.36%
+100,000
New +$2.5M
TBC
32
DELISTED
AT&T Inc. 5.625% Global Notes due 2067
TBC
$2.48M 0.36%
+100,000
New +$2.48M
QVCD icon
33
QVC, Inc. 6.375% Senior Secured Notes due 2067
QVCD
$93.2M
$2.4M 0.35%
+100,000
New +$2.4M
UPS icon
34
United Parcel Service
UPS
$71.5B
$2.34M 0.34%
20,000
– –
DIS icon
35
Walt Disney
DIS
$214B
$2.16M 0.32%
18,500
– –
ESGRP
36
DELISTED
Enstar Group Depositary Shares Rep 1/1000 Preference Shares
ESGRP
$2.11M 0.31%
80,000
– –
LM
37
DELISTED
Legg Mason, Inc.
LM
$2.09M 0.3%
67,000
– –
JPM.PRD icon
38
JPMorgan Chase & Co. Depositary Shares, each representing a 1/400th interest in a share of 5.75% Non-Cumulative Preferred Stock, Series DD
JPM.PRD
$1.72B
$2.03M 0.3%
+80,000
New +$2.03M
PRIF.PRA
39
DELISTED
Priority Income Fund, Inc. 6.375% Series A Term Preferred Stock due 2025
PRIF.PRA
$2.01M 0.29%
80,000
– –
NCZ.PRA
40
Virtus Convertible & Income Fund II 5.50% Series A Cumulative Preferred Shares
NCZ.PRA
$92.4M
$1.99M 0.29%
+80,000
New +$1.99M
EPR.PRG icon
41
EPR Properties 5.750% Series G Cumulative Redeemable Preferred Shares
EPR.PRG
$129M
$1.99M 0.29%
85,000
-15,000
-15% -$351K
CVX icon
42
Chevron
CVX
$310B
$1.96M 0.29%
16,000
– –
GPC icon
43
Genuine Parts
GPC
$19.5B
$1.9M 0.28%
19,108
– –
LTSL
44
DELISTED
Ladenburg Thalmann Financial Services Inc. 6.50% Senior Notes due 2027
LTSL
$1.89M 0.28%
80,000
– –
OAK.PRB
45
Brookfield Oaktree Holdings, LLC 6.550% Series B Preferred Units
OAK.PRB
$899M
$1.87M 0.27%
+75,000
New +$1.87M
ECCY
46
DELISTED
Eagle Point Credit Company Inc. 6.75% Notes due 2027
ECCY
$1.79M 0.26%
70,000
– –
DFP
47
DELISTED
DELPHI FINL GROUP, INC 7.376% FXD TO FLTNG RT JR SUB
DFP
$1.79M 0.26%
77,797
– –
T icon
48
AT&T
T
$207B
$1.68M 0.24%
66,200
– –
TCGP
49
DELISTED
The Carlyle Group L.P. 5.875 Percent Series A Preferred Units
TCGP
$1.59M 0.23%
70,000
– –
DCP.PRB
50
DELISTED
DCP Midstream, LP 7.875% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
DCP.PRB
$1.52M 0.22%
60,000
– –
1
2
3 4 5