IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
-2.58%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$479M
AUM Growth
+$5.27M
Cap. Flow
+$13.7M
Cap. Flow %
2.86%
Top 10 Hldgs %
73.61%
Holding
82
New
8
Increased
–
Reduced
–
Closed
6

Top Buys

1
UBER icon
Uber
UBER
+$9.18M
2
WTFCP
Wintrust Financial Corporation Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E
WTFCP
+$3.05M
3
FGSN
F&G Annuities & Life, Inc. 7.300% Junior Subordinated Notes due 2065
FGSN
+$2.95M
4
OXLCG
Oxford Lane Capital Corp. 7.95% Notes due 2032
OXLCG
+$2.46M
5
TRTN.PRF
Triton International Limited 7.625% Series F Cumulative Redeemable Perpetual Preference Shares
TRTN.PRF
+$2.01M

Top Sells

1
NEWTH
NewtekOne, Inc. 8.625% Fixed Rate Senior Notes due 2029
NEWTH
+$1.55M
2
TRINZ icon
Trinity Capital 7.875% Notes due 2029
TRINZ
+$1.51M
3
HTLFP
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
+$564K
4
AQNB
Algonquin Power & Utilities Corp Series 2019-A
AQNB
+$505K
5
GECCI icon
Great Elm Capital Corp 8.50% Notes Due 2029
GECCI
+$504K

Sector Composition

1 Financials 27.38%
2 Materials 21.16%
3 Real Estate 7.09%
4 Technology 6.6%
5 Healthcare 6.21%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
TRTN.PRF
26
Triton International Limited 7.625% Series F Cumulative Redeemable Perpetual Preference Shares
TRTN.PRF
$152M
$2.01M 0.42%
+80,000
New +$2.01M
CRBD
27
Corebridge Financial, Inc. 6.375% Junior Subordinated Notes due 2064
CRBD
$604M
$1.96M 0.41%
80,000
– –
MCD icon
28
McDonald's
MCD
$219B
$1.95M 0.41%
6,250
– –
MGRE
29
Affiliated Managers Group 6.750% Junior Subordinated Notes due 2064
MGRE
$452M
$1.92M 0.4%
80,000
– –
JCI icon
30
Johnson Controls International
JCI
$70.7B
$1.91M 0.4%
23,874
– –
TEL icon
31
TE Connectivity
TEL
$62.8B
$1.77M 0.37%
12,500
– –
AXS.PRE icon
32
AXIS Capital Holdings Ltd Series E
AXS.PRE
$473M
$1.43M 0.3%
70,000
– –
RILYZ icon
33
B. Riley Financial 5.25% Senior Notes due 2028
RILYZ
$1.22M 0.25%
140,000
– –
GEV icon
34
GE Vernova
GEV
$173B
$1.15M 0.24%
3,780
– –
USB.PRS icon
35
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
$367M
$1.15M 0.24%
60,000
– –
PRE.PRJ
36
DELISTED
PartnerRe Ltd. 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J
PRE.PRJ
$1.03M 0.22%
+60,000
New +$1.03M
OZKAP
37
Bank OZK 4.625% Series A Non-Cumulative Perpetual Preferred Stock
OZKAP
$246M
$977K 0.2%
60,000
– –
PG icon
38
Procter & Gamble
PG
$372B
$971K 0.2%
5,700
– –
SPB icon
39
Spectrum Brands
SPB
$1.33B
$916K 0.19%
12,799
– –
CHN
40
China Fund
CHN
$173M
$878K 0.18%
68,399
– –
PSEC.PRA icon
41
Prospect Capital Corporation 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock
PSEC.PRA
$90M
$817K 0.17%
50,000
– –
BRK.A icon
42
Berkshire Hathaway Class A
BRK.A
$1.07T
$798K 0.17%
1
– –
CUBB
43
Customers Bancorp, Inc. 5.375% Subordinated Notes Due 2034
CUBB
$64.4M
$787K 0.16%
40,000
– –
ARGO.PRA
44
Argo Group International Holdings Depository Shares
ARGO.PRA
$153M
$750K 0.16%
+30,000
New +$750K
HPP.PRC
45
Hudson Pacific Properties, Inc. 4.750% Series C Cumulative Redeemable Preferred Stock
HPP.PRC
$251M
$735K 0.15%
55,000
– –
UMBFP
46
DELISTED
UMB Financial Corporation Depositary Shares, each representing a 1/400th of 7.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock
UMBFP
$562K 0.12%
+22,500
New +$562K
NNN icon
47
NNN REIT
NNN
$8.17B
$554K 0.12%
13,000
– –
BP icon
48
BP
BP
$88.7B
$507K 0.11%
15,000
– –
ATLCL icon
49
Atlanticus Holdings 6.125% Senior Notes due 2026
ATLCL
$148M
$489K 0.1%
20,000
– –
BEPJ
50
Brookfield BRP Holdings (Canada) Inc. 7.250% Perpetual Subordinated Notes
BEPJ
$152M
$482K 0.1%
20,000
– –
1
2
3