IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
+0.02%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$686M
AUM Growth
+$8.36M
Cap. Flow
+$12.6M
Cap. Flow %
1.83%
Top 10 Hldgs %
71.26%
Holding
135
New
15
Increased
5
Reduced
11
Closed
6

Top Buys

1
ETP.PRD
Energy Transfer Operating, L.P. 7.625% Series D Fixed-to-Floating Rate Cumulative Redeemable Perpetu
ETP.PRD
+$3.1M
2
DUKB
Duke Energy Corporation 5.625% Junior Subordinated Debentures due 2078
DUKB
+$2.5M
3
TBC
AT&T Inc. 5.625% Global Notes due 2067
TBC
+$2.48M
4
QVCD icon
QVC, Inc. 6.375% Senior Secured Notes due 2067
QVCD
+$2.4M
5
IBM icon
IBM
IBM
+$2.4M

Top Sells

1
MTN icon
Vail Resorts
MTN
+$8.23M
2
ETP.PRC
Energy Transfer Operating, L.P. 7.375% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetu
ETP.PRC
+$3.01M
3
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$1.6M
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
+$994K
5
STAG.PRC
Stag Industrial, Inc. 6.875% Series C Cumulative Redeemable Preferred Stock
STAG.PRC
+$898K

Sector Composition

1 Materials 40.36%
2 Financials 16.58%
3 Real Estate 8.38%
4 Industrials 7.14%
5 Healthcare 4.52%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
BHFAL
51
Brighthouse Financial 6.25% Junior Subordinated Debentures due 2058
BHFAL
$1.51M 0.22%
+60,000
New +$1.51M
CIM.PRC
52
Chimera Investment Corporation 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
CIM.PRC
$240M
$1.51M 0.22%
+60,000
New +$1.51M
PRS
53
Prudential Financial, Inc. 5.625% Junior Subordinated Notes due 2058
PRS
$564M
$1.49M 0.22%
+60,000
New +$1.49M
KEY.PRJ icon
54
KeyCorp Depositary Shares each representing a 1/40th ownership interest in a share of Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series F
KEY.PRJ
$386M
$1.48M 0.22%
+60,000
New +$1.48M
CNFR icon
55
Conifer Holdings
CNFR
$12M
$1.41M 0.21%
250,000
– –
GE icon
56
GE Aerospace
GE
$293B
$1.37M 0.2%
25,248
– –
CHN
57
China Fund
CHN
$169M
$1.34M 0.2%
68,399
– –
UNMA
58
Unum Group 6.250% Junior Subordinated Notes due 2058
UNMA
$291M
$1.26M 0.18%
50,000
– –
RMPL.PR
59
DELISTED
RiverNorth Capital and Income Fund, Inc. 5.875%% Series A Term Preferred Stock $0.0001 par value per share
RMPL.PR
$1.26M 0.18%
50,000
– –
SCHW icon
60
Charles Schwab
SCHW
$170B
$1.23M 0.18%
25,000
– –
SNHNI
61
DELISTED
SENIOR HOUSING PROPERTIES TRUST 5.625% Senior Notes due 2042
SNHNI
$1.16M 0.17%
47,000
-10,000
-18% -$246K
SRC.PRA
62
DELISTED
Spirit Realty Capital, Inc. 6.000 Percent Series A Cumulative Redeemable Preferred Stock
SRC.PRA
$1.14M 0.17%
50,000
-10,000
-17% -$228K
SGZA.CL
63
DELISTED
Selective Insurance Group, Inc.
SGZA.CL
$1.13M 0.16%
45,000
– –
WTW icon
64
Willis Towers Watson
WTW
$32.4B
$1.12M 0.16%
7,950
– –
VTRB
65
DELISTED
Ventas Realty, Ltd Partnership
VTRB
$1.12M 0.16%
45,000
-10,000
-18% -$248K
TEL icon
66
TE Connectivity
TEL
$61.4B
$1.1M 0.16%
12,500
– –
USB icon
67
US Bancorp
USB
$75.7B
$1.07M 0.16%
20,300
– –
MCD icon
68
McDonald's
MCD
$223B
$1.05M 0.15%
6,250
– –
BAC.PRK icon
69
Bank of America Depository Shares Series HH
BAC.PRK
$865M
$1.02M 0.15%
+40,000
New +$1.02M
ENBA
70
DELISTED
Enbridge Inc. 6.375% Fixed-to-Floating Rate Subordinated Notes Series 2018-B due 2078
ENBA
$1.01M 0.15%
40,000
– –
USB.PRP icon
71
U.S. Bancorp Depositary Shares each representing a 1/1,000th interest in a share of Series K Non-Cumulative Perpetual Preferred Stock
USB.PRP
$564M
$1.01M 0.15%
+40,000
New +$1.01M
MDLQ
72
DELISTED
Medley LLC 7.25% Notes due 2024
MDLQ
$1M 0.15%
40,000
– –
ECCX
73
Eagle Point Credit Company Inc. 6.6875% Notes due 2028
ECCX
$32.3M
$996K 0.15%
40,000
– –
APO.PRB
74
DELISTED
Apollo Global Management, Inc. 6.375 percent Series B Preferred Shares
APO.PRB
$994K 0.14%
40,000
– –
MDLX
75
DELISTED
Medley LLC 6.875% Senior Notes due 2026
MDLX
$976K 0.14%
40,000
– –
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3
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