IR

IAT Reinsurance Portfolio holdings

AUM $445M
This Quarter Return
-1.27%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$634M
AUM Growth
+$634M
Cap. Flow
-$7.07M
Cap. Flow %
-1.11%
Top 10 Hldgs %
69.99%
Holding
127
New
14
Increased
3
Reduced
13
Closed
9

Top Buys

1
MERC icon
Mercer International
MERC
$2.05M
2
WTFCM
Wintrust Financial Corporation Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D
WTFCM
$1.97M
3
ELA.CL
ENTERGY LOUSIANA LLC 1ST MTG BD 5.875 SER DUE 6/15/41 (TX)
ELA.CL
$1M
4
VNO.PRJ
VORNADO RLTY TR PFD 6.875% CUMULATIVE RED SER J % (MD)
VNO.PRJ
$949K
5
ARU.CL
Ares Capital Corporation
ARU.CL
$760K

Top Sells

1
CUBE.PRA
CubeSmart
CUBE.PRA
$2.11M
2
HES
Hess
HES
$2.04M
3
PM icon
Philip Morris
PM
$2M
4
UZB
United States Cellular Corporation 7.25% Senior Notes due 2063
UZB
$1.52M
5
CTV
Qwest Corporation 6.875% Notes due 2054
CTV
$1.32M

Sector Composition

1 Materials 34.01%
2 Financials 26.06%
3 Industrials 6.02%
4 Real Estate 5.47%
5 Healthcare 4.07%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
C.PRK
76
DELISTED
Citigroup Inc. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K
C.PRK
$533K 0.08% 20,000 – –
TCF.PRB.CL
77
DELISTED
TCF Financial Corporation
TCF.PRB.CL
$524K 0.08% 20,000 – –
RJD.CL
78
DELISTED
Raymond James Financial Inc
RJD.CL
$523K 0.08% +20,000 New +$523K
ALLY.PRA
79
DELISTED
GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2
ALLY.PRA
$520K 0.08% +20,000 New +$520K
SPPI
80
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
$518K 0.08% 75,796 – –
AHL.PRA.CL
81
DELISTED
ASPEN Insurance Holding Limited
AHL.PRA.CL
$511K 0.08% +20,000 New +$511K
MS.PRI icon
82
MORGAN STANLEY Depositary Shares, each representing 1/1,000th of a share of Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series I
MS.PRI
$1.01M
$509K 0.08% +20,000 New +$509K
GSF.CL
83
DELISTED
GOLDMAN SACHS GROUP INC 6.125% NTS DUE 2060
GSF.CL
$507K 0.08% +20,000 New +$507K
JPM.PRF.CL
84
DELISTED
JPMorgan Chase & Co. Called
JPM.PRF.CL
$498K 0.08% 20,000 -10,000 -33% -$249K
GTI
85
DELISTED
GRAFTECH INTERNATIONAL LTD
GTI
$496K 0.08% 100,000 – –
ROX
86
DELISTED
Castle Brands, Inc.
ROX
$487K 0.08% 350,000 – –
PIY
87
DELISTED
ML Depositor PreferredPlus 8.375% Citizens Commun Cert. CZN-1
PIY
$476K 0.08% 18,700 – –
NNN icon
88
NNN REIT
NNN
$8.1B
$455K 0.07% 13,000 – –
ADT
89
DELISTED
ADT CORP
ADT
$420K 0.07% 12,500 – –
PNR icon
90
Pentair
PNR
$17.6B
$412K 0.07% 5,998 – –
STAG.PRA.CL
91
DELISTED
Stag Industrial Inc
STAG.PRA.CL
$408K 0.06% +15,000 New +$408K
MNK
92
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
$368K 0.06% 3,124 – –
HLX icon
93
Helix Energy Solutions
HLX
$969M
$316K 0.05% 25,000 – –
SZYM
94
DELISTED
SOLAZYME INC COM STK (DE)
SZYM
$314K 0.05% 100,000 – –
ARY.CL
95
DELISTED
ARES CAPITAL CORPORATION 7.75% SENIOR NOTES DUE 2040 (MD)
ARY.CL
$304K 0.05% +12,000 New +$304K
CUBE.PRA
96
DELISTED
CubeSmart
CUBE.PRA
$132K 0.02% 5,000 -80,000 -94% -$2.11M
LUMN icon
97
Lumen
LUMN
$5.1B
$101K 0.02% 3,425 – –
MRK icon
98
Merck
MRK
$210B
$85K 0.01% +1,487 New +$85K
MSI icon
99
Motorola Solutions
MSI
$78.7B
$82K 0.01% +1,427 New +$82K
GM.WS.A
100
DELISTED
GENERAL MOTORS COMPANY WARRANT (EXPIRES 07/10/2016)
GM.WS.A
$65K 0.01% 2,719 -197 -7% -$4.71K
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