IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
+7.2%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$541M
AUM Growth
+$36M
Cap. Flow
+$4.72M
Cap. Flow %
0.87%
Top 10 Hldgs %
71.21%
Holding
86
New
8
Increased
5
Reduced
2
Closed
4

Top Buys

1
STT.PRD
State Street Corporation Depository Shares, each representing a 1/4000th ownership interest in a share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D
STT.PRD
$5.01M
2
TVE
Tennessee Valley Authority Power Bonds 1999 Series A due May 1, 2029
TVE
$4.28M
3
DFP
DELPHI FINL GROUP, INC 7.376% FXD TO FLTNG RT JR SUB
DFP
$3.43M
4
MS.PRF icon
MORGAN STANLEY SERIES F
MS.PRF
$2.5M
5
NI.PRB
NiSource Inc. Depositary Shares representing 1/1,000th ownership interest in a share of 6.50% Series B Preferred Stock and 1/1,000th ownership interest in a share of Series B-1 Preferred Stock
NI.PRB
$2M

Top Sells

1
PFSW
PFSweb, Inc.
PFSW
$5.58M
2
DTW
DTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077
DTW
$4.43M
3
DCP.PRC
DCP Midstream, LP 7.95% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
DCP.PRC
$2.99M
4
TBB
AT&T 5.350% Global Notes due 2066
TBB
$2.89M

Sector Composition

1 Materials 28.89%
2 Financials 26.61%
3 Industrials 5.9%
4 Real Estate 5.27%
5 Healthcare 5.05%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
DIS icon
26
Walt Disney
DIS
$212B
$2.08M 0.39%
23,070
– –
NI.PRB
27
DELISTED
NiSource Inc. Depositary Shares representing 1/1,000th ownership interest in a share of 6.50% Series B Preferred Stock and 1/1,000th ownership interest in a share of Series B-1 Preferred Stock
NI.PRB
$2M 0.37%
+80,000
New +$2M
GE icon
28
GE Aerospace
GE
$296B
$1.93M 0.36%
18,952
– –
RILYZ icon
29
B. Riley Financial 5.25% Senior Notes due 2028
RILYZ
$1.89M 0.35%
140,000
– –
VTS icon
30
Vitesse Energy
VTS
$986M
$1.86M 0.34%
84,938
+42,469
+100% +$930K
MCD icon
31
McDonald's
MCD
$224B
$1.85M 0.34%
6,250
– –
TVC
32
Tennessee Valley Authority Power Bonds 1998 Series D due June 1, 2028
TVC
$246M
$1.82M 0.34%
80,000
+20,000
+33% +$456K
TEL icon
33
TE Connectivity
TEL
$61.7B
$1.76M 0.32%
12,500
– –
SCHW icon
34
Charles Schwab
SCHW
$167B
$1.72M 0.32%
25,000
– –
SCE.PRM
35
SCE Trust VII 7.50% Trust Preference Securities
SCE.PRM
$521M
$1.57M 0.29%
+60,000
New +$1.57M
WFC.PRR
36
DELISTED
WELLS FARGO & COMPANY Depositary Shares, each representing a 1/1,000th interest in a share of 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R
WFC.PRR
$1.51M 0.28%
+60,000
New +$1.51M
AXS.PRE icon
37
AXIS Capital Holdings Ltd Series E
AXS.PRE
$467M
$1.49M 0.28%
70,000
– –
JCI icon
38
Johnson Controls International
JCI
$69.5B
$1.38M 0.25%
23,874
– –
USB.PRS icon
39
U.S. Bancorp Depositary Shares, each representing a 1/1, 000th interest in a share of Series O Non- Cumulative Perpetual Preferred Stock
USB.PRS
$357M
$1.17M 0.22%
60,000
– –
SPB icon
40
Spectrum Brands
SPB
$1.38B
$1.02M 0.19%
12,799
– –
OZKAP
41
Bank OZK 4.625% Series A Non-Cumulative Perpetual Preferred Stock
OZKAP
$243M
$1M 0.19%
60,000
– –
AQNB
42
Algonquin Power & Utilities Corp Series 2019-A
AQNB
$360M
$966K 0.18%
+40,000
New +$966K
PSEC.PRA icon
43
Prospect Capital Corporation 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock
PSEC.PRA
$87.4M
$881K 0.16%
50,000
– –
PG icon
44
Procter & Gamble
PG
$375B
$835K 0.15%
5,700
– –
CUBB
45
Customers Bancorp, Inc. 5.375% Subordinated Notes Due 2034
CUBB
$63.9M
$800K 0.15%
40,000
– –
HPP.PRC
46
Hudson Pacific Properties, Inc. 4.750% Series C Cumulative Redeemable Preferred Stock
HPP.PRC
$254M
$747K 0.14%
55,000
– –
CHN
47
China Fund
CHN
$166M
$695K 0.13%
68,399
– –
FOX icon
48
Fox Class B
FOX
$24.9B
$692K 0.13%
25,028
– –
NNN icon
49
NNN REIT
NNN
$8.18B
$560K 0.1%
13,000
– –
HTLFP
50
DELISTED
Heartland Financial USA, Inc. Depositary Shares, each representing a 1/400th ownership interest in a share of 7.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E
HTLFP
$552K 0.1%
22,500
– –
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