IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
+28.69%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$489M
AUM Growth
+$84M
Cap. Flow
-$19.6M
Cap. Flow %
-4%
Top 10 Hldgs %
72.68%
Holding
94
New
5
Increased
1
Reduced
3
Closed
12

Top Buys

1
FCNCP icon
First Citizens BancShares, Inc. Depositary Shares Each Representing a 1/40th Interest in a Share of 5.375% Non-Cumulative Perpetual Preferred Stock, Series A
FCNCP
$3.25M
2
CTBB icon
Qwest Corporation 6.5% Notes due 2056
CTBB
$2.54M
3
CUBB
Customers Bancorp, Inc. 5.375% Subordinated Notes Due 2034
CUBB
$1.82M
4
SLMBP
SLM Corporation Floating-Rate Non-Cumulative Series B
SLMBP
$790K
5
CFR.PRB icon
Cullen/Frost Bankers, Inc. Depositary Shares, each representing a 1/40th ownership interest in a share of 4.450% non-cumulative perpetual preferred stock, Series B
CFR.PRB
$515K

Top Sells

1
LMHB
Legg Mason, Inc. 5.45% Junior Subordinated Notes due 2056
LMHB
$12.3M
2
WFC.PRZ icon
Wells Fargo & Company Depositary Shares, each representing a 1/1,000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Z
WFC.PRZ
$3.02M
3
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
$2.65M
4
HBANO
Huntington Bancshares Incorporated Depositary Shares
HBANO
$2.02M
5
SOJE
The Southern Company Series 2020C 4.20% Junior Subordinated Notes due October 15, 2060
SOJE
$2.01M

Sector Composition

1 Materials 34.54%
2 Financials 20.77%
3 Industrials 7.98%
4 Real Estate 7.21%
5 Consumer Discretionary 5.23%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
BP icon
51
BP
BP
$87.4B
$308K 0.06%
15,000
– –
MDLX
52
DELISTED
Medley LLC 6.875% Senior Notes due 2026
MDLX
$273K 0.06%
40,000
– –
CARR icon
53
Carrier Global
CARR
$55.8B
$207K 0.04%
5,494
– –
IBM icon
54
IBM
IBM
$232B
$189K 0.04%
1,569
– –
OTIS icon
55
Otis Worldwide
OTIS
$34.1B
$185K 0.04%
2,746
– –
WAB icon
56
Wabtec
WAB
$33B
$47K 0.01%
647
– –
ADNT icon
57
Adient
ADNT
$2B
$41K 0.01%
1,193
– –
VST.WS.A
58
DELISTED
Vistra Corp.Warrants to purchase Common Stock (Expiring February 2, 2024)
VST.WS.A
$13K ﹤0.01%
33,717
– –
CBL.PRD
59
DELISTED
CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of
CBL.PRD
$11K ﹤0.01%
15,000
– –
DNOW icon
60
DNOW Inc
DNOW
$1.67B
$8K ﹤0.01%
1,100
– –
KALU icon
61
Kaiser Aluminum
KALU
$1.25B
$7K ﹤0.01%
70
– –
TDW icon
62
Tidewater
TDW
$2.86B
$5K ﹤0.01%
557
– –
WFC.PRZ icon
63
Wells Fargo & Company Depositary Shares, each representing a 1/1,000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Z
WFC.PRZ
$1.6B
– –
-120,000
Closed -$3.02M
WTFCP
64
DELISTED
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
– –
-100,000
Closed -$2.65M
TDW.WS.A
65
DELISTED
Tidewater Inc. Series A Warrants to purchase shares of common stock (expiring July 31, 2023)
TDW.WS.A
$0 ﹤0.01%
903
– –
TDW.WS.B
66
DELISTED
Tidewater Inc. Series B Warrants to purchase shares of common stock (expiring July 31, 2023)
TDW.WS.B
$0 ﹤0.01%
976
– –
EQH.PRA icon
67
Equitable Holdings, Inc. Depositary Shares, each representing a 1/1000th interest in a share of Fixed Rate Noncumulative Perpetual Preferred Stock, Series A
EQH.PRA
$680M
– –
-40,000
Closed -$1.02M
GPC icon
68
Genuine Parts
GPC
$19.4B
$0 ﹤0.01%
2
– –
PFH
69
Prudential Financial, Inc. 4.125% Junior Subordinated Notes due 2060
PFH
$364M
– –
-10,000
Closed -$256K
PRIF.PRD
70
Priority Income Fund, Inc. 7.00% Series D Term Preferred Stock due 2029
PRIF.PRD
$26.6M
– –
-10,000
Closed -$249K
SOJE
71
The Southern Company Series 2020C 4.20% Junior Subordinated Notes due October 15, 2060
SOJE
$568M
– –
-80,000
Closed -$2.01M
GBLL
72
DELISTED
Global Indemnity Group, LLC 7.875% Subordinated Notes due 2047
GBLL
– –
-10,000
Closed -$260K
HBANO
73
DELISTED
Huntington Bancshares Incorporated Depositary Shares
HBANO
– –
-80,000
Closed -$2.02M
CTZ
74
DELISTED
Qwest Corporation
CTZ
– –
-30,000
Closed -$749K
LMHA
75
DELISTED
Legg Mason, Inc. 6.375% Junior Subordinated Notes due 2056
LMHA
– –
-40,000
Closed -$1.02M
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