IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
+35.43%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$657M
AUM Growth
+$168M
Cap. Flow
+$42M
Cap. Flow %
6.4%
Top 10 Hldgs %
75.06%
Holding
110
New
28
Increased
2
Reduced
1
Closed
4

Top Buys

1
DTW
DTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077
DTW
$5.21M
2
GAINN icon
Gladstone Investment Corp 5.00% Notes due 2026
GAINN
$3.88M
3
DUKB
Duke Energy Corporation 5.625% Junior Subordinated Debentures due 2078
DUKB
$3.76M
4
USB.PRR icon
U.S. Bancorp Depositary Shares, Each Representing a 1/1, 000th Interest in a Share of Series M Non- Cumulative Perpetual Preferred Stock
USB.PRR
$3.48M
5
NRUC
National Rural Utilities Cooperative Finance Corporation 5.500% Subordinated Notes due 2064 (Subordinated Deferrable Interest Notes)
NRUC
$3.17M

Top Sells

1
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
2
DHCNL
Diversified Healthcare Trust 6.25% Senior Notes due 2046
DHCNL
$489K
3
DHCNI
Diversified Healthcare Trust 5.625% Senior Notes due 2042
DHCNI
$231K

Sector Composition

1 Materials 36.12%
2 Financials 19.24%
3 Real Estate 10.97%
4 Industrials 7.07%
5 Consumer Discretionary 3.97%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
OXLCL
51
Oxford Lane Capital 6.75% Notes due 2031
OXLCL
$96M
$1.01M 0.15%
+40,000
New +$1.01M
PRIF.PRG
52
DELISTED
Priority Income Fund, Inc. 6.25% Series G Preferred Stock Due 2026
PRIF.PRG
$993K 0.15%
+40,000
New +$993K
CNFR icon
53
Conifer Holdings
CNFR
$9.04M
$938K 0.14%
250,000
– –
FOX icon
54
Fox Class B
FOX
$24.9B
$873K 0.13%
24,994
– –
SLMBP
55
SLM Corporation Floating-Rate Non-Cumulative Series B
SLMBP
$189M
$833K 0.13%
15,000
– –
KO icon
56
Coca-Cola
KO
$292B
$791K 0.12%
15,000
– –
RCB
57
Ready Capital Corporation 6.20% Senior Notes due 2026
RCB
$65.9M
$787K 0.12%
+30,000
New +$787K
IEH
58
DELISTED
INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI)
IEH
$783K 0.12%
30,000
– –
PG icon
59
Procter & Gamble
PG
$375B
$772K 0.12%
5,700
– –
UZE
60
Array Digital Infrastructure, Inc. 5.500% Senior Notes due 2070
UZE
$375M
$760K 0.12%
+30,000
New +$760K
INBKZ icon
61
First Internet Bancorp 6.0% Fixed-to-Floating Rate Subordinated Notes due 2029
INBKZ
$36.7M
$640K 0.1%
+25,000
New +$640K
NNN icon
62
NNN REIT
NNN
$8.18B
$573K 0.09%
13,000
– –
RCC
63
Ready Capital Corporation 5.75% Senior Notes due 2026
RCC
$131M
$521K 0.08%
+20,000
New +$521K
FRGAP
64
DELISTED
Franchise Group, Inc. 7.50% Series A Cumulative Perpetual Preferred Stock
FRGAP
$507K 0.08%
+20,000
New +$507K
HTLFP
65
DELISTED
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
$420K 0.06%
+15,000
New +$420K
WSBCP icon
66
WesBanco, Inc. Depositary Shares, Each Representing a 1/40th Interest in a Share of 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A
WSBCP
$151M
$417K 0.06%
+15,000
New +$417K
LTSL
67
DELISTED
Ladenburg Thalmann Financial Services Inc. 6.50% Senior Notes due 2027
LTSL
$398K 0.06%
20,000
– –
BRK.A icon
68
Berkshire Hathaway Class A
BRK.A
$1.08T
$386K 0.06%
1
– –
WFC.PRZ icon
69
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
$383K 0.06%
+15,000
New +$383K
BP icon
70
BP
BP
$87.4B
$365K 0.06%
15,000
– –
ECCB
71
DELISTED
Eagle Point Credit Company Inc. 7.75% Series B Term Preferred Stock due 2026
ECCB
$257K 0.04%
+10,000
New +$257K
CARR icon
72
Carrier Global
CARR
$55.8B
$232K 0.04%
5,494
– –
DHCNI
73
Diversified Healthcare Trust 5.625% Senior Notes due 2042
DHCNI
$245M
$231K 0.04%
10,000
-10,000
-50% -$231K
IBM icon
74
IBM
IBM
$232B
$200K 0.03%
1,569
– –
OTIS icon
75
Otis Worldwide
OTIS
$34.1B
$188K 0.03%
2,746
– –
1 2
3
4