IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
+16.96%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$678M
AUM Growth
+$30.9M
Cap. Flow
-$46.4M
Cap. Flow %
-6.85%
Top 10 Hldgs %
74.79%
Holding
136
New
18
Increased
–
Reduced
22
Closed
16

Top Buys

1
ETP.PRC
Energy Transfer Operating, L.P. 7.375% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetu
ETP.PRC
$3.01M
2
ESGRP
Enstar Group Depositary Shares Rep 1/1000 Preference Shares
ESGRP
$2.02M
3
PRIF.PRA
Priority Income Fund, Inc. 6.375% Series A Term Preferred Stock due 2025
PRIF.PRA
$1.96M
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
$1.5M
5
DCP.PRB
DCP Midstream, LP 7.875% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
DCP.PRB
$1.5M

Top Sells

1
BRK.A icon
Berkshire Hathaway Class A
BRK.A
$13M
2
MTN icon
Vail Resorts
MTN
$10.1M
3
RJF icon
Raymond James Financial
RJF
$7.38M
4
VTRB
Ventas Realty, Ltd Partnership
VTRB
$3M
5
WFC icon
Wells Fargo
WFC
$2.11M

Sector Composition

1 Materials 42.56%
2 Financials 16.14%
3 Real Estate 9.42%
4 Industrials 6.89%
5 Consumer Discretionary 5.03%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
VTRB
51
DELISTED
Ventas Realty, Ltd Partnership
VTRB
$1.38M 0.2%
55,000
-120,000
-69% -$3M
SCHW icon
52
Charles Schwab
SCHW
$167B
$1.28M 0.19%
25,000
– –
RMPL.PR
53
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
– –
UNMA
54
Unum Group 6.250% Junior Subordinated Notes due 2058
UNMA
$290M
$1.24M 0.18%
+50,000
New +$1.24M
WTW icon
55
Willis Towers Watson
WTW
$32.1B
$1.21M 0.18%
7,950
– –
SGZA.CL
56
DELISTED
Selective Insurance Group, Inc.
SGZA.CL
$1.14M 0.17%
45,000
-5,000
-10% -$126K
TEL icon
57
TE Connectivity
TEL
$61.7B
$1.13M 0.17%
12,500
– –
USB icon
58
US Bancorp
USB
$75.9B
$1.02M 0.15%
20,300
– –
ENBA
59
DELISTED
Enbridge Inc. 6.375% Fixed-to-Floating Rate Subordinated Notes Series 2018-B due 2078
ENBA
$1.01M 0.15%
+40,000
New +$1.01M
APO.PRB
60
DELISTED
Apollo Global Management, Inc. 6.375 percent Series B Preferred Shares
APO.PRB
$994K 0.15%
40,000
– –
MDLQ
61
DELISTED
Medley LLC 7.25% Notes due 2024
MDLQ
$994K 0.15%
40,000
– –
ECCX
62
Eagle Point Credit Company Inc. 6.6875% Notes due 2028
ECCX
$32.6M
$984K 0.15%
+40,000
New +$984K
MCD icon
63
McDonald's
MCD
$224B
$979K 0.14%
6,250
– –
MDLX
64
DELISTED
Medley LLC 6.875% Senior Notes due 2026
MDLX
$950K 0.14%
40,000
– –
STAG.PRC
65
DELISTED
Stag Industrial, Inc. 6.875% Series C Cumulative Redeemable Preferred Stock
STAG.PRC
$898K 0.13%
35,000
-20,000
-36% -$513K
REXR.PRA
66
DELISTED
Rexford Industrial Realty, Inc 5.875% Series A Cumulative Redeemable Preferred Stock
REXR.PRA
$849K 0.13%
35,000
– –
WRB.PRD
67
DELISTED
W.R. Berkley Corporation5.75% Subordinated Debentures due 2056
WRB.PRD
$817K 0.12%
33,000
– –
JCI icon
68
Johnson Controls International
JCI
$69.5B
$799K 0.12%
23,874
– –
GBLL
69
DELISTED
Global Indemnity Group, LLC 7.875% Subordinated Notes due 2047
GBLL
$772K 0.11%
30,000
– –
PBY
70
DELISTED
Prospect Capital Corporaton 6.25% Notes due 2028
PBY
$754K 0.11%
+30,000
New +$754K
OAK.PRA
71
Brookfield Oaktree Holdings, LLC 6.625% Series A Preferred units
OAK.PRA
$2.58B
$752K 0.11%
+30,000
New +$752K
WPG.PRI
72
DELISTED
Washington Prime Group Inc. 6.875% Series I Cumulative Redeemable Preferred Shares of Beneficial Int
WPG.PRI
$752K 0.11%
35,000
– –
AMH.PRG icon
73
American Homes 4 Rent Series G
AMH.PRG
$108M
$723K 0.11%
30,000
– –
AGN
74
DELISTED
Allergan plc
AGN
$713K 0.11%
4,278
– –
BP icon
75
BP
BP
$87.4B
$685K 0.1%
15,937
-206
-1% -$8.85K
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