IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
-5.72%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$647M
AUM Growth
-$69.5M
Cap. Flow
-$29.1M
Cap. Flow %
-4.51%
Top 10 Hldgs %
71.09%
Holding
130
New
17
Increased
7
Reduced
6
Closed
12

Top Buys

1
CMSA
CMS Energy Corporation 5.625% Junior Subordinated Notes due 2078
CMSA
+$2M
2
IEH
INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI)
IEH
+$1.84M
3
SGZA.CL
Selective Insurance Group, Inc.
SGZA.CL
+$1.26M
4
ALL.PRG
The Allstate Corporation Depositary Shares each representing a 1/1,000th interest in a share of Fixed Rate Noncumulative Perpetual Preferred Stock, Series G
ALL.PRG
+$1.25M
5
WALA
Western Alliance Bancorporation
WALA
+$1.02M

Top Sells

1
STX icon
Seagate
STX
+$21.8M
2
PG icon
Procter & Gamble
PG
+$15.4M
3
VR.PRA.CL
Validus Holdings, Ltd.
VR.PRA.CL
+$1.69M
4
NS.PRC
NuStar Energy L.P. 9.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
NS.PRC
+$1.56M
5
AXS.PRE icon
AXIS Capital Holdings Ltd Series E
AXS.PRE
+$1.48M

Sector Composition

1 Materials 31.72%
2 Financials 21.88%
3 Real Estate 11.19%
4 Industrials 7.45%
5 Consumer Discretionary 6.15%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
AMH.PRG icon
76
American Homes 4 Rent Series G
AMH.PRG
$108M
$695K 0.11%
30,000
+10,000
+50% +$232K
KHC icon
77
Kraft Heinz
KHC
$31.3B
$661K 0.1%
10,608
– –
CTDD icon
78
Qwest Corporation 6.75% Notes due 2057
CTDD
$561M
$658K 0.1%
30,000
– –
KO icon
79
Coca-Cola
KO
$290B
$651K 0.1%
15,000
– –
BP icon
80
BP
BP
$88.7B
$608K 0.09%
16,143
-244
-1% -$9.19K
CBL.PRD
81
DELISTED
CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of
CBL.PRD
$597K 0.09%
35,000
– –
AFGE.CL
82
DELISTED
American Financial Group, Inc 6 % Subordinated Debentures due 2054 Called for Redemption
AFGE.CL
$517K 0.08%
+20,000
New +$517K
GBLIZ
83
DELISTED
Global Indemnity Limited 7.75% Subordinated Note Due 2045
GBLIZ
$516K 0.08%
20,000
– –
UZB
84
DELISTED
United States Cellular Corporation 7.25% Senior Notes due 2063
UZB
$514K 0.08%
20,000
– –
NNN icon
85
NNN REIT
NNN
$8.05B
$510K 0.08%
13,000
– –
WRB.PRE icon
86
W.R. Berkley Corporation 5.70% Subordinated Debentures due 2058
WRB.PRE
$179M
$509K 0.08%
+20,000
New +$509K
PRH
87
DELISTED
PRUDENTIAL FINANCIAL, INC. 5.70% DUE 2053
PRH
$503K 0.08%
+20,000
New +$503K
THGA
88
DELISTED
THE HANOVER INSURANCE GROUP, INC. 6.35% Subordinated Debentures due 2053
THGA
$502K 0.08%
+20,000
New +$502K
AVT icon
89
Avnet
AVT
$4.48B
$501K 0.08%
12,000
– –
SFB
90
Stifel Financial Corp.5.20 percent Senior Notes due 2047
SFB
$493K 0.08%
20,000
– –
SOJC
91
The Southern Company Series 2017B 5.25% Junior Subordinated Notes due December 1, 2077
SOJC
$423M
$486K 0.08%
20,000
– –
ACGLP
92
DELISTED
Arch Capital Group Ltd. Depositary Shares Representing Interest in 5.25% Non-Cumulative Preferred Se
ACGLP
$483K 0.07%
20,000
– –
ADAMN
93
Adamas Trust, Inc. 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
ADAMN
$117M
$469K 0.07%
20,000
– –
HWCPL
94
DELISTED
Hancock Whitney Corporation 5.95% Subordinated Notes due 2045
HWCPL
$380K 0.06%
+15,000
New +$380K
ROX
95
DELISTED
Castle Brands, Inc.
ROX
$310K 0.05%
250,000
– –
ALL.PRF.CL
96
DELISTED
The Allstate Corporation Depositary Shares Series F Called for redemption
ALL.PRF.CL
$261K 0.04%
+10,000
New +$261K
ALL.PRE.CL
97
DELISTED
Allstate Corporation, The Depositary Shares, each representing a 1/1000th Interest in a share of Fix
ALL.PRE.CL
$259K 0.04%
+10,000
New +$259K
SWJ.CL
98
DELISTED
STANLEY BLACK & DECKER, INC. 5.75% Junior Subordinated Debentures due 2052
SWJ.CL
$253K 0.04%
+10,000
New +$253K
PSB.PRU.CL
99
DELISTED
PS Business Parks, Inc. Depositary Shares Each Representing 1/1000 of a Share of 5.75% Cumulative Pr
PSB.PRU.CL
$247K 0.04%
10,000
– –
MRK icon
100
Merck
MRK
$209B
$81K 0.01%
1,558
– –
1 2 3
4
5