IR

IAT Reinsurance Portfolio holdings

AUM $445M
This Quarter Return
-7.96%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$582M
AUM Growth
+$582M
Cap. Flow
+$8.13M
Cap. Flow %
1.4%
Top 10 Hldgs %
71.52%
Holding
132
New
12
Increased
12
Reduced
12
Closed
11

Top Buys

1
SRL icon
Scully Royalty
SRL
$3.36M
2
J icon
Jacobs Solutions
J
$2.49M
3
AGN
Allergan plc
AGN
$2.27M
4
UPS icon
United Parcel Service
UPS
$2.17M
5
GS icon
Goldman Sachs
GS
$2.1M

Top Sells

1
GM icon
General Motors
GM
$1.73M
2
UNMA
Unum Group 6.250% Junior Subordinated Notes due 2058
UNMA
$1.31M
3
RMPL.PR
RiverNorth Capital and Income Fund, Inc. 5.875%% Series A Term Preferred Stock $0.0001 par value per share
RMPL.PR
$1.28M
4
PRIF.PRA
Priority Income Fund, Inc. 6.375% Series A Term Preferred Stock due 2025
PRIF.PRA
$1.26M
5
ATH.PRA
Athene Holding Ltd Series A
ATH.PRA
$1.04M

Sector Composition

1 Materials 35.5%
2 Financials 20.36%
3 Real Estate 9.14%
4 Industrials 6.93%
5 Healthcare 5.36%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
WPG.PRI
76
DELISTED
Washington Prime Group Inc. 6.875% Series I Cumulative Redeemable Preferred Shares of Beneficial Int
WPG.PRI
$711K 0.12% 35,000 – –
JPM icon
77
JPMorgan Chase
JPM
$829B
$666K 0.11% 5,655 – –
BP icon
78
BP
BP
$90.8B
$570K 0.1% 15,000 – –
BC.PRA icon
79
Brunswick Corporation 6.500% Senior Notes due 2048
BC.PRA
$181M
$535K 0.09% 20,000 – –
AVT icon
80
Avnet
AVT
$4.55B
$534K 0.09% 12,000 – –
NSA.PRA icon
81
National Storage Affiliates Trust 6.000 Percent Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (Liquidation Preference $25.00 per share)
NSA.PRA
$202M
$527K 0.09% 20,000 – –
BPYPO
82
Brookfield Property Partners 6.375% Class A Cumulative Redeemable Perpetual Preferred Units Series 2
BPYPO
$518K 0.09% +20,000 New +$518K
GBLIZ
83
DELISTED
Global Indemnity Limited 7.75% Subordinated Note Due 2045
GBLIZ
$515K 0.09% 20,000 – –
PRIF.PRD
84
Priority Income Fund, Inc. 7.00% Series D Term Preferred Stock due 2029
PRIF.PRD
$26.4M
$511K 0.09% 20,000 -20,000 -50% -$511K
NYMTN
85
New York Mortgage Trust, Inc. 8.00 Percent Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
NYMTN
$117M
$500K 0.09% 20,000 – –
DCP.PRC
86
DELISTED
DCP Midstream, LP 7.95% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
DCP.PRC
$490K 0.08% 20,000 – –
NEWTL
87
DELISTED
NewtekOne, Inc. 5.75% Notes due 2024
NEWTL
$436K 0.07% +17,000 New +$436K
ETP.PRC
88
DELISTED
Energy Transfer Operating, L.P. 7.375% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetu
ETP.PRC
$367K 0.06% 15,000 – –
CBL.PRD
89
DELISTED
CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of
CBL.PRD
$306K 0.05% 35,000 – –
AMH.PRG icon
90
American Homes 4 Rent Series G
AMH.PRG
$106M
$263K 0.05% 10,000 – –
LTSH
91
DELISTED
Ladenburg Thalmann Financial Services Inc. 7.75% Senior Notes due 2029
LTSH
$259K 0.04% 10,000 -30,000 -75% -$777K
MRK icon
92
Merck
MRK
$210B
$125K 0.02% 1,487 – –
GM icon
93
General Motors
GM
$55.8B
$89K 0.02% 2,373 -46,254 -95% -$1.73M
VST.WS.A
94
DELISTED
Vistra Corp.Warrants to purchase Common Stock (Expiring February 2, 2024)
VST.WS.A
$69K 0.01% 33,717 – –
WAB icon
95
Wabtec
WAB
$33.1B
$46K 0.01% 647 – –
ADNT icon
96
Adient
ADNT
$2.01B
$27K ﹤0.01% 1,193 – –
STX icon
97
Seagate
STX
$35.6B
$27K ﹤0.01% 500 – –
DNOW icon
98
DNOW Inc
DNOW
$1.68B
$13K ﹤0.01% 1,100 – –
TDW icon
99
Tidewater
TDW
$2.98B
$8K ﹤0.01% 557 – –
KALU icon
100
Kaiser Aluminum
KALU
$1.26B
$7K ﹤0.01% 70 – –
1 2 3
4
5