IR

IAT Reinsurance Portfolio holdings

AUM $445M
This Quarter Return
+35.43%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$657M
AUM Growth
+$657M
Cap. Flow
+$42M
Cap. Flow %
6.4%
Top 10 Hldgs %
75.06%
Holding
110
New
28
Increased
2
Reduced
1
Closed
4

Top Buys

1
DTW
DTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077
DTW
$5.21M
2
GAINN icon
Gladstone Investment Corp 5.00% Notes due 2026
GAINN
$3.88M
3
DUKB
Duke Energy Corporation 5.625% Junior Subordinated Debentures due 2078
DUKB
$3.76M
4
USB.PRR icon
U.S. Bancorp Depositary Shares, Each Representing a 1/1, 000th Interest in a Share of Series M Non- Cumulative Perpetual Preferred Stock
USB.PRR
$3.48M
5
NRUC
National Rural Utilities Cooperative Finance Corporation 5.500% Subordinated Notes due 2064 (Subordinated Deferrable Interest Notes)
NRUC
$3.17M

Top Sells

1
CFR.PRB icon
Cullen/Frost Bankers, Inc. Depositary Shares, each representing a 1/40th ownership interest in a share of 4.450% non-cumulative perpetual preferred stock, Series B
CFR.PRB
$515K
2
DHCNL
Diversified Healthcare Trust 6.25% Senior Notes due 2046
DHCNL
$489K
3
DHCNI
Diversified Healthcare Trust 5.625% Senior Notes due 2042
DHCNI
$231K

Sector Composition

1 Materials 36.12%
2 Financials 19.24%
3 Real Estate 10.97%
4 Industrials 7.07%
5 Consumer Discretionary 3.97%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
MERC icon
1
Mercer International
MERC
$223M
$237M 36.11% 16,480,000 – –
NTP
2
DELISTED
Nam Tai Property Inc.
NTP
$71.2M 10.84% 5,774,800 – –
GS icon
3
Goldman Sachs
GS
$226B
$36.5M 5.55% 111,500 – –
MTN icon
4
Vail Resorts
MTN
$6.09B
$24.5M 3.73% 84,000 – –
RJF icon
5
Raymond James Financial
RJF
$33.8B
$24.4M 3.71% 198,750 – –
SRL icon
6
Scully Royalty
SRL
$78.3M
$23.8M 3.63% 2,732,477 – –
AMGN icon
7
Amgen
AMGN
$155B
$23M 3.5% 92,500 – –
HLIO icon
8
Helios Technologies
HLIO
$1.8B
$21.9M 3.33% 300,000 – –
GLW icon
9
Corning
GLW
$57.4B
$16M 2.43% 367,350 – –
SIGI icon
10
Selective Insurance
SIGI
$4.76B
$14.5M 2.21% 200,000 – –
JEF icon
11
Jefferies Financial Group
JEF
$13.4B
$10.9M 1.65% 360,872 – –
LMHB
12
DELISTED
Legg Mason, Inc. 5.45% Junior Subordinated Notes due 2056
LMHB
$8.13M 1.24% 320,000 – –
EMR icon
13
Emerson Electric
EMR
$74.3B
$8.03M 1.22% 89,000 – –
BA icon
14
Boeing
BA
$177B
$6.98M 1.06% 27,400 – –
DTW
15
DTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077
DTW
$363M
$5.21M 0.79% +200,000 New +$5.21M
PFSW
16
DELISTED
PFSweb, Inc.
PFSW
$5.06M 0.77% 750,000 – –
XLNX
17
DELISTED
Xilinx Inc
XLNX
$4.96M 0.75% 40,000 – –
CTBB icon
18
Qwest Corporation 6.5% Notes due 2056
CTBB
$778M
$4.6M 0.7% 180,000 +40,000 +29% +$1.02M
XOM icon
19
Exxon Mobil
XOM
$487B
$4.44M 0.68% 79,600 – –
DIS icon
20
Walt Disney
DIS
$213B
$4.25M 0.65% 23,027 – –
GAINN icon
21
Gladstone Investment Corp 5.00% Notes due 2026
GAINN
$3.88M 0.59% +150,000 New +$3.88M
DUKB
22
Duke Energy Corporation 5.625% Junior Subordinated Debentures due 2078
DUKB
$490M
$3.76M 0.57% +140,000 New +$3.76M
USB.PRR icon
23
U.S. Bancorp Depositary Shares, Each Representing a 1/1, 000th Interest in a Share of Series M Non- Cumulative Perpetual Preferred Stock
USB.PRR
$500M
$3.48M 0.53% +140,000 New +$3.48M
FCNCP icon
24
First Citizens BancShares, Inc. Depositary Shares Each Representing a 1/40th Interest in a Share of 5.375% Non-Cumulative Perpetual Preferred Stock, Series A
FCNCP
$295M
$3.23M 0.49% 120,000 – –
NRUC
25
National Rural Utilities Cooperative Finance Corporation 5.500% Subordinated Notes due 2064 (Subordinated Deferrable Interest Notes)
NRUC
$236M
$3.17M 0.48% +120,000 New +$3.17M
1
2 3 4