Beach Point Capital Management LP Diversified Active

Location: Santa Monica, CA

CIK: 0001453885 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 3, 2020

Total Value: $261M (90.2% shares, 9.8% debt)

Holdings (25)

HYG ISHARES TR 37.6%

Value $98.14M Shares 1,202,459 Share Price $81.62 Est. Cost/Share $80.59 Unrealized @ Report Date +1.3%

FSK FS KKR CAPITAL CORP 21.8%

Value $56.85M Shares 4,060,660 Share Price $14.00 * Est. Cost/Share $6.35 Unrealized @ Report Date +2.4%

— WESTERN ASSET MTG CAP CORP 5.6%

Value $14.57M Shares 20,518,000 Share Price $0.71 Est. Cost/Share $0.60 Unrealized @ Report Date —

— BLACKSTONE MTG TR INC 4.7%

Value $12.19M Shares 13,000,000 Share Price $0.94 Est. Cost/Share $0.94 Unrealized @ Report Date —

— SINCLAIR BROADCAST GROUP INC 4.1%

Value $10.7M Shares 579,398 Share Price $18.46 Est. Cost/Share $31.41 Unrealized @ Report Date —

VEL VELOCITY FINL INC 2.9%

Value $7.453M Shares 1,886,746 Share Price $3.95 Est. Cost/Share $7.42 Unrealized @ Report Date -46.8%

— RESOURCE CAP CORP 2.6%

Value $6.68M Shares 8,877,000 Share Price $0.75 Est. Cost/Share $0.75 Unrealized @ Report Date —

— HIGHLAND INCOME FD 2.5%

Value $6.646M Shares 825,628 Share Price $8.05 Est. Cost/Share $13.19 Unrealized @ Report Date —

ESNT ESSENT GROUP LTD 2.4%

Value $6.326M Shares 174,415 Share Price $36.27 * Est. Cost/Share $39.58 Unrealized @ Report Date -16.8%

AIR AAR CORP 2.4%

Value $6.162M Shares 298,135 Share Price $20.67 Est. Cost/Share $38.65 Unrealized @ Report Date -46.5%

MTG MGIC INVT CORP WIS 2.3%

Value $5.973M Shares 729,296 Share Price $8.19 Est. Cost/Share $12.34 Unrealized @ Report Date -33.6%

— FS KKR CAP CORP II 2.2%

Value $5.633M Shares 437,000 Share Price $12.89 Est. Cost/Share $12.89 Unrealized @ Report Date —

— MONEYGRAM INTL INC 2.1%

Value $5.369M Shares 1,672,636 Share Price $3.21 Est. Cost/Share $2.02 Unrealized @ Report Date —

RDN RADIAN GROUP INC 1.2%

Value $3.102M Shares 200,000 Share Price $15.51 * Est. Cost/Share $20.00 Unrealized @ Report Date -34.8%

AGNC AGNC INVT CORP 1.1%

Value $2.838M Shares 220,000 Share Price $12.90 Est. Cost/Share $12.90 Unrealized @ Report Date —

— REDWOOD TR INC 0.9%

Value $2.227M Shares 2,600,000 Share Price $0.86 Est. Cost/Share $0.86 Unrealized @ Report Date —

— REDWOOD TR INC 0.7%

Value $1.703M Shares 1,906,000 Share Price $0.89 Est. Cost/Share $0.89 Unrealized @ Report Date —

CMLS CUMULUS MEDIA INC 0.6%

Value $1.531M Shares 387,620 Share Price $3.95 * Est. Cost/Share $14.56 Unrealized @ Report Date -68.7%

— NEW YORK MTG TR INC 0.6%

Value $1.521M Shares 582,693 Share Price $2.61 Est. Cost/Share $2.61 Unrealized @ Report Date —

— SIX FLAGS ENTMT CORP NEW 0.6%

Value $1.477M Shares 76,900 Share Price $19.21 Est. Cost/Share $19.21 Unrealized @ Report Date —

MGM MGM RESORTS INTERNATIONAL 0.6%

Value $1.454M Shares 86,575 Share Price $16.79 Est. Cost/Share $16.13 Unrealized @ Report Date +4.1%

BYD BOYD GAMING CORP 0.5%

Value $1.431M Shares 68,470 Share Price $20.90 * Est. Cost/Share $17.50 Unrealized @ Report Date +14.6%

— WESTERN ASSET MTG CAP CORP 0.4%

Value $1.061M Shares 387,183 Share Price $2.74 Est. Cost/Share $2.74 Unrealized @ Report Date —

— NEW YORK MTG TR INC 0.1%

Value $331K Shares 370,000 Share Price $0.89 Est. Cost/Share $0.89 Unrealized @ Report Date —

— CBL & ASSOC PPTYS INC 0.0%

Value $7,000 Shares 24,770 Share Price $0.28 Est. Cost/Share $3.99 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
HYG	ISHARES TR	1,202,459	$98.14M	37.6%	$81.62	$80.59	+1.3%	IBOXX HI YD ETF	464288513
FSK	FS KKR CAPITAL CORP	4,060,660	$56.85M	21.8%	$14.00 *	$6.35	+2.4%	COM	302635206
—	WESTERN ASSET MTG CAP CORP	20,518,000	$14.57M	5.6%	$0.71	$0.60	—	NOTE 6.750%10/0	95790DAA3
—	BLACKSTONE MTG TR INC	13,000,000	$12.19M	4.7%	$0.94	$0.94	—	NOTE 4.375% 5/0	09257WAB6
—	SINCLAIR BROADCAST GROUP INC	579,398	$10.7M	4.1%	$18.46	$31.41	—	CL A	829226109
VEL	VELOCITY FINL INC	1,886,746	$7.453M	2.9%	$3.95	$7.42	-46.8%	COM	92262D101
—	RESOURCE CAP CORP	8,877,000	$6.68M	2.6%	$0.75	$0.75	—	NOTE 4.500% 8/1	76120WAC8
—	HIGHLAND INCOME FD	825,628	$6.646M	2.5%	$8.05	$13.19	—	HIGHLAND INCOME	43010E404
ESNT	ESSENT GROUP LTD	174,415	$6.326M	2.4%	$36.27 *	$39.58	-16.8%	COM	G3198U102
AIR	AAR CORP	298,135	$6.162M	2.4%	$20.67	$38.65	-46.5%	COM	000361105
MTG	MGIC INVT CORP WIS	729,296	$5.973M	2.3%	$8.19	$12.34	-33.6%	COM	552848103
—	FS KKR CAP CORP II	437,000	$5.633M	2.2%	$12.89	$12.89	—	COM	35952V303
—	MONEYGRAM INTL INC	1,672,636	$5.369M	2.1%	$3.21	$2.02	—	COM NEW	60935Y208
RDN	RADIAN GROUP INC	200,000	$3.102M	1.2%	$15.51 *	$20.00	-34.8%	COM	750236101
AGNC	AGNC INVT CORP	220,000	$2.838M	1.1%	$12.90	$12.90	—	COM	00123Q104
—	REDWOOD TR INC	2,600,000	$2.227M	0.9%	$0.86	$0.86	—	NOTE 5.625% 7/1	758075AD7
—	REDWOOD TR INC	1,906,000	$1.703M	0.7%	$0.89	$0.89	—	NOTE 4.750% 8/1	758075AC9
CMLS	CUMULUS MEDIA INC	387,620	$1.531M	0.6%	$3.95 *	$14.56	-68.7%	COM CLASS A	231082801
—	NEW YORK MTG TR INC	582,693	$1.521M	0.6%	$2.61	$2.61	—	COM PAR $.02	649604501
—	SIX FLAGS ENTMT CORP NEW	76,900	$1.477M	0.6%	$19.21	$19.21	—	COM	83001A102
MGM	MGM RESORTS INTERNATIONAL	86,575	$1.454M	0.6%	$16.79	$16.13	+4.1%	COM	552953101
BYD	BOYD GAMING CORP	68,470	$1.431M	0.5%	$20.90 *	$17.50	+14.6%	COM	103304101
—	WESTERN ASSET MTG CAP CORP	387,183	$1.061M	0.4%	$2.74	$2.74	—	COM	95790D105
—	NEW YORK MTG TR INC	370,000	$331K	0.1%	$0.89	$0.89	—	NOTE 6.250% 1/1	649604AD7
—	CBL & ASSOC PPTYS INC	24,770	$7,000	0.0%	$0.28	$3.99	—	COM	124830100