IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
+1.71%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$505M
AUM Growth
-$12.8M
Cap. Flow
-$7.8M
Cap. Flow %
-1.55%
Top 10 Hldgs %
71.37%
Holding
87
New
4
Increased
–
Reduced
1
Closed
9

Top Buys

1
TVC
Tennessee Valley Authority Power Bonds 1998 Series D due June 1, 2028
TVC
$1.3M
2
TVE
Tennessee Valley Authority Power Bonds 1999 Series A due May 1, 2029
TVE
$633K

Top Sells

1
WFC.PRQ
Wells Fargo & Co.
WFC.PRQ
$2.52M
2
ET.PRE
Energy Transfer LP 7.600% Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Unit
ET.PRE
$1.93M
3
IEH
INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI)
IEH
$1.79M
4
SREA
Sempra 5.750% Junior Subordinated Notes due 2079
SREA
$1.44M
5
DTW
DTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077
DTW
$902K

Sector Composition

1 Materials 28.01%
2 Financials 25.84%
3 Industrials 7.57%
4 Real Estate 5.64%
5 Healthcare 5.05%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
ATLCL icon
51
Atlanticus Holdings 6.125% Senior Notes due 2026
ATLCL
$147M
$446K 0.09%
20,000
– –
GEHC icon
52
GE HealthCare
GEHC
$33.8B
$343K 0.07%
5,040
– –
ABBV icon
53
AbbVie
ABBV
$376B
$290K 0.06%
1,948
– –
CNFR icon
54
Conifer Holdings
CNFR
$9.17M
$288K 0.06%
250,000
– –
SLMBP
55
SLM Corporation Floating-Rate Non-Cumulative Series B
SLMBP
$189M
$279K 0.06%
4,500
– –
IBM icon
56
IBM
IBM
$230B
$210K 0.04%
1,500
– –
LTSL
57
DELISTED
Ladenburg Thalmann Financial Services Inc. 6.50% Senior Notes due 2027
LTSL
$90.3K 0.02%
5,000
– –
WAB icon
58
Wabtec
WAB
$33.1B
$68.8K 0.01%
647
– –
ADNT icon
59
Adient
ADNT
$1.99B
$43.8K 0.01%
1,193
– –
CBL
60
CBL Properties
CBL
$975M
$13.8K ﹤0.01%
658
– –
DNOW icon
61
DNOW Inc
DNOW
$1.68B
$13.1K ﹤0.01%
1,100
– –
VST.WS.A
62
DELISTED
Vistra Corp.Warrants to purchase Common Stock (Expiring February 2, 2024)
VST.WS.A
$5.49K ﹤0.01%
33,717
– –
KALU icon
63
Kaiser Aluminum
KALU
$1.23B
$5.27K ﹤0.01%
70
– –
KD icon
64
Kyndryl
KD
$7.34B
$4.53K ﹤0.01%
300
– –
IEH
65
DELISTED
INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI)
IEH
– –
-72,500
Closed -$1.79M
CSWCZ icon
66
Capital Southwest 7.75% Notes due 2028
CSWCZ
– –
-20,000
Closed -$503K
SREA
67
Sempra 5.750% Junior Subordinated Notes due 2079
SREA
$698M
– –
-60,000
Closed -$1.44M
ET.PRE
68
DELISTED
Energy Transfer LP 7.600% Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Unit
ET.PRE
– –
-80,000
Closed -$1.93M
NI.PRB
69
DELISTED
NiSource Inc. Depositary Shares representing 1/1,000th ownership interest in a share of 6.50% Series B Preferred Stock and 1/1,000th ownership interest in a share of Series B-1 Preferred Stock
NI.PRB
– –
-25,000
Closed -$630K
WFC.PRQ
70
DELISTED
Wells Fargo & Co.
WFC.PRQ
– –
-100,000
Closed -$2.52M
TDW.WS.A
71
DELISTED
Tidewater Inc. Series A Warrants to purchase shares of common stock (expiring July 31, 2023)
TDW.WS.A
– –
-903
Closed -$1.05K
TDW.WS.B
72
DELISTED
Tidewater Inc. Series B Warrants to purchase shares of common stock (expiring July 31, 2023)
TDW.WS.B
– –
-976
Closed -$195
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