IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
-5.07%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$667M
AUM Growth
-$74.6M
Cap. Flow
-$29.8M
Cap. Flow %
-4.48%
Top 10 Hldgs %
79.4%
Holding
101
New
6
Increased
4
Reduced
8
Closed
21

Top Buys

1
RILYZ icon
B. Riley Financial 5.25% Senior Notes due 2028
RILYZ
$3.52M
2
DTW
DTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077
DTW
$3.37M
3
PRIF.PRJ
Priority Income Fund, Inc. 6.000% Series J Term Preferred Stock due 2028
PRIF.PRJ
$1.5M
4
PSEC.PRA icon
Prospect Capital Corporation 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock
PSEC.PRA
$1.17M
5
CNFR icon
Conifer Holdings
CNFR
$720K

Top Sells

1
LMHB
Legg Mason, Inc. 5.45% Junior Subordinated Notes due 2056
LMHB
$8.07M
2
CUBB
Customers Bancorp, Inc. 5.375% Subordinated Notes Due 2034
CUBB
$4.02M
3
NRUC
National Rural Utilities Cooperative Finance Corporation 5.500% Subordinated Notes due 2064 (Subordinated Deferrable Interest Notes)
NRUC
$3.29M
4
CGABL
The Carlyle Group 4.625% Subordinated Notes due 2061
CGABL
$2.55M
5
QVCGP
QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock
QVCGP
$2.17M

Sector Composition

1 Materials 28.64%
2 Financials 21.9%
3 Real Estate 20.21%
4 Industrials 7.79%
5 Consumer Discretionary 4.46%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
JCI icon
26
Johnson Controls International
JCI
$70.1B
$1.63M 0.24%
23,874
– –
CVX icon
27
Chevron
CVX
$318B
$1.62M 0.24%
16,000
– –
GE icon
28
GE Aerospace
GE
$299B
$1.56M 0.23%
24,277
– –
MCD icon
29
McDonald's
MCD
$226B
$1.51M 0.23%
6,250
– –
PRIF.PRJ
30
Priority Income Fund, Inc. 6.000% Series J Term Preferred Stock due 2028
PRIF.PRJ
$38.2M
$1.5M 0.23%
+60,000
New +$1.5M
OXSQG icon
31
Oxford Square Capital 5.50% Notes due 2028
OXSQG
$1.26M 0.19%
50,000
-50,000
-50% -$1.26M
SPB icon
32
Spectrum Brands
SPB
$1.35B
$1.22M 0.18%
12,799
– –
DO
33
DELISTED
Diamond Offshore Drilling, Inc.
DO
$1.21M 0.18%
208,583
– –
PSEC.PRA icon
34
Prospect Capital Corporation 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock
PSEC.PRA
$88.3M
$1.17M 0.18%
+50,000
New +$1.17M
AXS.PRE icon
35
AXIS Capital Holdings Ltd Series E
AXS.PRE
$463M
$1.02M 0.15%
40,000
– –
FOX icon
36
Fox Class B
FOX
$24.6B
$929K 0.14%
25,028
+34
+0.1% +$1.26K
SLMBP
37
SLM Corporation Floating-Rate Non-Cumulative Series B
SLMBP
$189M
$923K 0.14%
15,000
– –
WSBCP icon
38
WesBanco, Inc. Depositary Shares, Each Representing a 1/40th Interest in a Share of 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A
WSBCP
$151M
$849K 0.13%
30,000
+15,000
+100% +$425K
CDK
39
DELISTED
CDK Global, Inc.
CDK
$808K 0.12%
19,000
– –
PG icon
40
Procter & Gamble
PG
$373B
$797K 0.12%
5,700
– –
CNFR icon
41
Conifer Holdings
CNFR
$9.17M
$720K 0.11%
+250,000
New +$720K
NNN icon
42
NNN REIT
NNN
$8B
$561K 0.08%
13,000
– –
DUKB
43
Duke Energy Corporation 5.625% Junior Subordinated Debentures due 2078
DUKB
$496M
$536K 0.08%
20,000
-40,000
-67% -$1.07M
RILYK icon
44
B. Riley Financial 5.50% Senior Notes due 2026
RILYK
$513K 0.08%
20,000
-40,000
-67% -$1.03M
PMT.PRC
45
PennyMac Mortgage Investment Trust 6.75% Series C Cumulative Redeemable Preferred Shares of Beneficial Interest
PMT.PRC
$188M
$507K 0.08%
+20,000
New +$507K
BRK.A icon
46
Berkshire Hathaway Class A
BRK.A
$1.09T
$411K 0.06%
1
– –
BP icon
47
BP
BP
$88.4B
$410K 0.06%
15,000
– –
INBKZ icon
48
First Internet Bancorp 6.0% Fixed-to-Floating Rate Subordinated Notes due 2029
INBKZ
$36.7M
$405K 0.06%
15,000
-10,000
-40% -$270K
ABBV icon
49
AbbVie
ABBV
$376B
$210K 0.03%
1,948
– –
IBM icon
50
IBM
IBM
$230B
$208K 0.03%
1,569
– –
1
2
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