IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
+10.29%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$716M
AUM Growth
+$68.3M
Cap. Flow
+$8.46M
Cap. Flow %
1.18%
Top 10 Hldgs %
70.8%
Holding
123
New
14
Increased
7
Reduced
8
Closed
10

Top Buys

1
WALA
Western Alliance Bancorporation
WALA
$2.64M
2
EPR.PRG icon
EPR Properties 5.750% Series G Cumulative Redeemable Preferred Shares
EPR.PRG
$2.51M
3
LTSL
Ladenburg Thalmann Financial Services Inc. 6.50% Senior Notes due 2027
LTSL
$1.97M
4
REXR.PRA
Rexford Industrial Realty, Inc 5.875% Series A Cumulative Redeemable Preferred Stock
REXR.PRA
$1.8M
5
NS.PRC
NuStar Energy L.P. 9.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
NS.PRC
$1.56M

Top Sells

1
VR.PRB.CL
Validus Holdings, Ltd.
VR.PRB.CL
$1.55M
2
NLY.PRF icon
Annaly Capital Management Series F
NLY.PRF
$1.54M
3
NS.PRB
NuStar Energy L.P. 7.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units representing limited partner interests
NS.PRB
$1.15M
4
KIM.PRK.CL
KIMCO REALTY CORPORATION Class K Depositary Shares, each of which represents a one-one thousandth fr
KIM.PRK.CL
$1.14M
5
ACGLO icon
Arch Capital Group
ACGLO
$1.01M

Sector Composition

1 Materials 32.9%
2 Financials 20.7%
3 Real Estate 10.2%
4 Industrials 7.16%
5 Consumer Discretionary 5.43%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
STAG.PRC
76
DELISTED
Stag Industrial, Inc. 6.875% Series C Cumulative Redeemable Preferred Stock
STAG.PRC
$524K 0.07%
20,000
– –
GBLIZ
77
DELISTED
Global Indemnity Limited 7.75% Subordinated Note Due 2045
GBLIZ
$517K 0.07%
20,000
– –
UZB
78
DELISTED
United States Cellular Corporation 7.25% Senior Notes due 2063
UZB
$516K 0.07%
+20,000
New +$516K
SOJC
79
The Southern Company Series 2017B 5.25% Junior Subordinated Notes due December 1, 2077
SOJC
$419M
$508K 0.07%
+20,000
New +$508K
ACGLO icon
80
Arch Capital Group
ACGLO
$288M
$507K 0.07%
20,000
-40,000
-67% -$1.01M
WRB.PRB
81
DELISTED
W.R. BERKLEY CORPORATION 5.625% Subordinated Debentures due 2053
WRB.PRB
$506K 0.07%
+20,000
New +$506K
AMH.PRG icon
82
American Homes 4 Rent Series G
AMH.PRG
$108M
$503K 0.07%
20,000
-10,000
-33% -$252K
ACGLP
83
DELISTED
Arch Capital Group Ltd. Depositary Shares Representing Interest in 5.25% Non-Cumulative Preferred Se
ACGLP
$501K 0.07%
20,000
– –
SFB
84
Stifel Financial Corp.5.20 percent Senior Notes due 2047
SFB
$498K 0.07%
+20,000
New +$498K
ADAMN
85
Adamas Trust, Inc. 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
ADAMN
$117M
$494K 0.07%
+20,000
New +$494K
AVT icon
86
Avnet
AVT
$4.49B
$475K 0.07%
12,000
– –
ROX
87
DELISTED
Castle Brands, Inc.
ROX
$305K 0.04%
250,000
– –
EQCO.CL
88
DELISTED
Equity Commonwealth
EQCO.CL
$254K 0.04%
10,000
-10,000
-50% -$254K
PSB.PRU.CL
89
DELISTED
PS Business Parks, Inc. Depositary Shares Each Representing 1/1000 of a Share of 5.75% Cumulative Pr
PSB.PRU.CL
$253K 0.04%
10,000
– –
ECCZ.CL
90
DELISTED
Eagle Point Credit Company Inc.
ECCZ.CL
$251K 0.04%
10,000
– –
ADNT icon
91
Adient
ADNT
$2B
$94K 0.01%
1,193
– –
MRK icon
92
Merck
MRK
$212B
$84K 0.01%
1,558
– –
GM icon
93
General Motors
GM
$55.5B
$50K 0.01%
1,228
– –
GM.WS.B
94
DELISTED
General Motors Company
GM.WS.B
$27K ﹤0.01%
1,145
– –
TDW icon
95
Tidewater
TDW
$2.86B
$14K ﹤0.01%
557
– –
DNOW icon
96
DNOW Inc
DNOW
$1.67B
$12K ﹤0.01%
1,100
– –
CB icon
97
Chubb
CB
$111B
$8K ﹤0.01%
+54
New +$8K
KALU icon
98
Kaiser Aluminum
KALU
$1.25B
$7K ﹤0.01%
70
– –
DYN.WS.A
99
DELISTED
Dynegy Inc.
DYN.WS.A
$6K ﹤0.01%
33,717
– –
TDW.WS.A
100
DELISTED
Tidewater Inc. Series A Warrants to purchase shares of common stock (expiring July 31, 2023)
TDW.WS.A
$2K ﹤0.01%
903
– –
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4
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