IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
-5.72%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$647M
AUM Growth
-$69.5M
Cap. Flow
-$29.1M
Cap. Flow %
-4.51%
Top 10 Hldgs %
71.09%
Holding
130
New
17
Increased
7
Reduced
6
Closed
12

Top Buys

1
CMSA
CMS Energy Corporation 5.625% Junior Subordinated Notes due 2078
CMSA
+$2M
2
IEH
INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI)
IEH
+$1.84M
3
SGZA.CL
Selective Insurance Group, Inc.
SGZA.CL
+$1.26M
4
ALL.PRG
The Allstate Corporation Depositary Shares each representing a 1/1,000th interest in a share of Fixed Rate Noncumulative Perpetual Preferred Stock, Series G
ALL.PRG
+$1.25M
5
WALA
Western Alliance Bancorporation
WALA
+$1.02M

Top Sells

1
STX icon
Seagate
STX
+$21.8M
2
PG icon
Procter & Gamble
PG
+$15.4M
3
VR.PRA.CL
Validus Holdings, Ltd.
VR.PRA.CL
+$1.69M
4
NS.PRC
NuStar Energy L.P. 9.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
NS.PRC
+$1.56M
5
AXS.PRE icon
AXIS Capital Holdings Ltd Series E
AXS.PRE
+$1.48M

Sector Composition

1 Materials 31.72%
2 Financials 21.88%
3 Real Estate 11.19%
4 Industrials 7.45%
5 Consumer Discretionary 6.15%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
STAG.PRC
51
DELISTED
Stag Industrial, Inc. 6.875% Series C Cumulative Redeemable Preferred Stock
STAG.PRC
$1.4M 0.22%
55,000
+35,000
+175% +$889K
SCHW icon
52
Charles Schwab
SCHW
$170B
$1.31M 0.2%
25,000
– –
SRC.PRA
53
DELISTED
Spirit Realty Capital, Inc. 6.000 Percent Series A Cumulative Redeemable Preferred Stock
SRC.PRA
$1.3M 0.2%
60,000
– –
SGZA.CL
54
DELISTED
Selective Insurance Group, Inc.
SGZA.CL
$1.26M 0.2%
+50,000
New +$1.26M
RMPL.PR
55
DELISTED
RiverNorth Capital and Income Fund, Inc. 5.875%% Series A Term Preferred Stock $0.0001 par value per share
RMPL.PR
$1.26M 0.19%
50,000
– –
ALL.PRG
56
DELISTED
The Allstate Corporation Depositary Shares each representing a 1/1,000th interest in a share of Fixed Rate Noncumulative Perpetual Preferred Stock, Series G
ALL.PRG
$1.25M 0.19%
+50,000
New +$1.25M
TEL icon
57
TE Connectivity
TEL
$61.1B
$1.25M 0.19%
12,500
– –
WTW icon
58
Willis Towers Watson
WTW
$32.3B
$1.21M 0.19%
7,950
– –
WRB.PRB
59
DELISTED
W.R. BERKLEY CORPORATION 5.625% Subordinated Debentures due 2053
WRB.PRB
$1.03M 0.16%
41,000
+21,000
+105% +$526K
USB icon
60
US Bancorp
USB
$77.4B
$1.03M 0.16%
20,300
– –
MDLQ
61
DELISTED
Medley LLC 7.25% Notes due 2024
MDLQ
$1.01M 0.16%
40,000
– –
MDLX
62
DELISTED
Medley LLC 6.875% Senior Notes due 2026
MDLX
$999K 0.15%
40,000
– –
APO.PRB
63
DELISTED
Apollo Global Management, Inc. 6.375 percent Series B Preferred Shares
APO.PRB
$996K 0.15%
+40,000
New +$996K
MCD icon
64
McDonald's
MCD
$222B
$977K 0.15%
6,250
– –
OPINI
65
DELISTED
Office Properties Income Trust 5.875% Senior Notes due 2046
OPINI
$916K 0.14%
+36,000
New +$916K
SNHNL
66
DELISTED
Senior Housing Properties Trust 6.25% Senior Notes Due 2046
SNHNL
$912K 0.14%
+35,000
New +$912K
MBFIO
67
DELISTED
MB Financial Inc. Noncumulative Perpetual Preferred Stock Series C Depositary Shares
MBFIO
$866K 0.13%
34,500
– –
JCI icon
68
Johnson Controls International
JCI
$68.6B
$841K 0.13%
23,874
– –
REXR.PRA
69
DELISTED
Rexford Industrial Realty, Inc 5.875% Series A Cumulative Redeemable Preferred Stock
REXR.PRA
$839K 0.13%
35,000
-35,000
-50% -$839K
WRB.PRD
70
DELISTED
W.R. Berkley Corporation5.75% Subordinated Debentures due 2056
WRB.PRD
$832K 0.13%
+33,000
New +$832K
MDT icon
71
Medtronic
MDT
$120B
$794K 0.12%
9,900
– –
GBLL
72
DELISTED
Global Indemnity Group, LLC 7.875% Subordinated Notes due 2047
GBLL
$769K 0.12%
30,000
– –
CFR.PRA.CL
73
DELISTED
CULLEN/FROST BANKERS, INC. 5.375% SER A Called
CFR.PRA.CL
$748K 0.12%
30,000
– –
AGN
74
DELISTED
Allergan plc
AGN
$720K 0.11%
+4,278
New +$720K
WPG.PRI
75
DELISTED
Washington Prime Group Inc. 6.875% Series I Cumulative Redeemable Preferred Shares of Beneficial Int
WPG.PRI
$716K 0.11%
35,000
– –
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3
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