Location: Santa Monica, CA
CIK: 0001596468 · Show all filings
Period: Q1 2022 (← Previous) (Next →)
Filing Date: May 16, 2022
Total Value: $168M (99.1% shares, 0.9% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | GREAT AJAX CORP | 689,408 | $17.23M | 10.3% | $24.99 | $24.99 | — | 7.25 CV SR NT 24 | 38983D409 |
| PNNT | PennantPark Investment Corp | 2,067,140 | $16.08M | 9.6% | $7.78 * | $4.38 | 0.0% | COM | 708062104 |
| AGNC | AGNC Investment Corp | 946,630 | $12.4M | 7.4% | $13.10 | $13.10 | — | COM | 00123Q104 |
| FSK | FS KKR Capital Corp | 475,783 | $10.86M | 6.5% | $22.82 * | $9.69 | +28.2% | COM | 302635206 |
| — | Great Ajax Corp | 709,748 | $8.325M | 5.0% | $11.73 | $10.57 | — | COM | 38983D300 |
| — | Tortoise Midstream Energy Fund Inc | 153,795 | $5.84M | 3.5% | $37.97 | $37.97 | — | COM | 89148B200 |
| — | Neuberger Berman MLP & Energy Income Fund Inc | 875,557 | $5.639M | 3.4% | $6.44 | $4.74 | — | COM | 64129H104 |
| CCIF | Vertical Capital Income Fund | 546,229 | $5.462M | 3.3% | $10.00 | $9.84 | — | SHS BEN INT | 92535C104 |
| — | Tortoise Energy Infrastructure Corp | 147,928 | $5.112M | 3.0% | $34.56 | $32.42 | — | COM | 89147L886 |
| — | Cushing MLP & Infrastructure Total Return Fund/The | 126,230 | $4.402M | 2.6% | $34.87 | $24.09 | — | COM NEW | 231631300 |
| NXDT | NexPoint Diversified Real Esta Trust | 269,059 | $4.257M | 2.5% | $15.82 | $15.82 | — | COM NEW | 65340G205 |
| PFX | PhenixFIN Corp | 98,169 | $4.015M | 2.4% | $40.90 * | $37.94 | 0.0% | COM | 71742W103 |
| DX | Dynex Capital Inc | 243,411 | $3.943M | 2.4% | $16.20 | $16.20 | — | COM | 26817Q886 |
| — | Safeguard Scientifics Inc | 701,020 | $3.659M | 2.2% | $5.22 | $10.02 | — | COM NEW | 786449207 |
| LADR | Ladder Capital Corp | 293,072 | $3.479M | 2.1% | $11.87 | $11.87 | — | CL A | 505743104 |
| — | Aberdeen Asia-Pacific Income Fund Inc | 1,011,483 | $3.419M | 2.0% | $3.38 | $3.38 | — | COM | 003009107 |
| BRSP | BrightSpire Capital Inc | 342,907 | $3.172M | 1.9% | $9.25 | $9.25 | — | COM CL A | 10949T109 |
| — | Morgan Stanley Emerging Markets Domestic Debt Fund Inc | 547,838 | $2.734M | 1.6% | $4.99 | $4.99 | — | COM | 617477104 |
| BBDC | Barings BDC Inc | 262,500 | $2.714M | 1.6% | $10.34 * | $4.98 | +39.3% | COM | 06759L103 |
| — | PIMCO Energy & Tactical Credit Opportunities Fund | 181,817 | $2.696M | 1.6% | $14.83 | $12.73 | — | COM SHS BEN INT | 69346N107 |
| RDN | Radian Group Inc | 111,917 | $2.486M | 1.5% | $22.21 * | $15.40 | +31.2% | COM | 750236101 |
| — | New York Mortgage Trust Inc | 673,425 | $2.458M | 1.5% | $3.65 | $2.61 | — | COM PAR $.02 | 649604501 |
| — | Templeton Global Income Fund | 487,199 | $2.451M | 1.5% | $5.03 | $5.03 | — | COM | 880198106 |
| — | BlackRock Capital Investment Corp | 552,983 | $2.328M | 1.4% | $4.21 | $3.24 | — | COM | 092533108 |
| — | ClearBridge MLP & Midstream Total Return Fund Inc | 73,447 | $2.144M | 1.3% | $29.19 | $29.19 | — | COM | 18469Q207 |
| MTG | MGIC Investment Corp | 151,205 | $2.049M | 1.2% | $13.55 * | $14.31 | +4.8% | COM | 552848103 |
| — | Western Asset Emerging Markets Debt Fund Inc | 187,358 | $2.01M | 1.2% | $10.73 | $10.73 | — | COM | 95766A101 |
| — | ClearBridge Energy Midstream Opportunity Fund Inc | 69,803 | $1.968M | 1.2% | $28.19 | $13.43 | — | COM | 18469P209 |
| — | Goldman Sachs MLP Energy and Renaissance Fund | 156,745 | $1.893M | 1.1% | $12.08 | $9.09 | — | COM | 38148G206 |
| SEVN | Seven Hills Realty Trust | 162,494 | $1.809M | 1.1% | $11.13 | $11.13 | — | COM | 81784E101 |
| RDI | Reading International Inc | 384,699 | $1.647M | 1.0% | $4.28 | $4.35 | 0.0% | CL A | 755408101 |
| GBLI | Global Indemnity Group LLC | 63,009 | $1.644M | 1.0% | $26.09 * | $22.28 | 0.0% | COM CL A | 37959R103 |
| — | Center Coast Brookfield MLP & Energy Infrastructure Fund | 94,393 | $1.644M | 1.0% | $17.42 | $13.71 | — | SHS BEN INT | 151461209 |
| — | Tortoise Power and Energy Infrastructure Fund Inc | 84,841 | $1.208M | 0.7% | $14.24 | $8.73 | — | COM | 89147X104 |
| — | Kayne Anderson NextGen Energy & Infrastructure Inc | 123,592 | $1.059M | 0.6% | $8.57 | $4.20 | — | COM | 48661E108 |
| — | Morgan Stanley India Investment Fund Inc | 41,635 | $1.045M | 0.6% | $25.10 | $25.10 | — | COM | 61745C105 |
| — | Salient Midstream & MLP Fund | 122,613 | $1.01M | 0.6% | $8.24 | $8.24 | — | SH BEN INT | 79471V105 |
| — | Nicholas Financial Inc | 91,670 | $940K | 0.6% | $10.25 | $6.65 | — | COM NEW | 65373J209 |
| — | General American Investors Co Inc | 21,901 | $930K | 0.6% | $42.46 | $42.46 | — | COM | 368802104 |
| — | Western Asset Mortgage Capital Corp | 497,608 | $851K | 0.5% | $1.71 | $1.71 | — | COM | 95790D105 |
| — | MFA FINANCIAL INC | 767,000 | $774K | 0.5% | $1.01 | $0.89 | — | NOTE 6.250% 6/1 | 55272XAA0 |
| — | PIMCO Access Income Fund | 40,000 | $731K | 0.4% | $18.27 | $18.27 | — | SHS BENFIN INT | 72203T100 |
| PFSI | PennyMac Financial Services Inc | 10,634 | $566K | 0.3% | $53.23 * | $57.48 | 0.0% | COM | 70932M107 |
| XNDPX | Tortoise Energy Independence Fund Inc | 17,965 | $533K | 0.3% | $29.67 | $11.57 | — | COM | 89148K200 |
| — | Cornerstone Strategic Value Fund Inc | 33,900 | $478K | 0.3% | $14.10 | $14.10 | — | COM | 21924B302 |
| — | PENNYMAC CORP | 500,000 | $477K | 0.3% | $0.95 | $0.95 | — | NOTE 5.500% 3/1 | 70932AAF0 |
| — | WESTERN ASSET MORTGAGE C | 500,000 | $470K | 0.3% | $0.94 | $0.94 | — | NOTE 6.750% 9/1 | 95790DAD7 |
| — | Sterling Bancorp Inc/MI | 60,105 | $427K | 0.3% | $7.10 | $3.96 | — | COM | 85917W102 |
| XHIEX | Miller/Howard High Dividend Fund | 35,520 | $396K | 0.2% | $11.15 | $11.15 | — | COM SHS BEN IN | 600379101 |
| XTTPX | Tortoise Pipeline & Energy Fund Inc | 12,881 | $378K | 0.2% | $29.35 | $11.93 | — | COM | 89148H207 |
| — | Nuveen Core Plus Impact Fund | 22,568 | $339K | 0.2% | $15.02 | $15.02 | — | COM BEN INT | 67080D103 |
| XBFZX | BlackRock California Municipal Income Trust | 25,144 | $309K | 0.2% | $12.29 | $12.29 | — | SH BEN INT | 09248E102 |
| — | ESM Acquisition Corp | 30,000 | $297K | 0.2% | $9.90 | $9.90 | — | UNIT 99/99/9999 | G3195H120 |
| — | Kayne Anderson Energy Infrastructure Fund | 31,805 | $293K | 0.2% | $9.21 | $9.21 | — | COM | 486606106 |
| — | TWO HARBORS INV CORP | 250,000 | $246K | 0.1% | $0.98 | $0.98 | — | NOTE 6.250% 1/1 | 90187BAB7 |
| — | Pine Technology Acquisition Corp | 24,028 | $240K | 0.1% | $9.99 | $9.99 | — | UNIT 03/31/2028 | 722850203 |
| C | Citigroup Inc | 4,500 | $240K | 0.1% | $53.33 | $42.37 | +26.3% | COM NEW | 172967424 |
| — | Mexico Equity and Income Fund Inc/The | 25,553 | $233K | 0.1% | $9.12 | $9.12 | — | COM | 592834105 |
| — | First Eagle Alternative Capital BDC Inc | 38,991 | $172K | 0.1% | $4.41 | $4.41 | — | COM | 26943B100 |
| — | Nuveen Emerging Markets Debt 2022 Target Term Fund | 21,765 | $152K | 0.1% | $6.98 | $6.98 | — | COM | 67077P101 |
| VEL | Velocity Financial Inc | 13,717 | $150K | 0.1% | $10.94 * | $5.46 | +125.4% | COM | 92262D101 |
| — | InterPrivate II Acquisition Corp | 12,300 | $121K | 0.1% | $9.84 | $9.84 | — | UNIT 99/99/9999 | 46064Q207 |
| — | Western Asset High Income Opportunity Fund Inc | 24,924 | $111K | 0.1% | $4.45 | $4.45 | — | COM | 95766K109 |
| — | WHEELER REIT INC | 5,545 | $80,000 | 0.0% | $14.43 | $14.43 | — | CV PFD SER B | 963025606 |
| — | InterPrivate IV InfraTech Partners Inc | 6,000 | $59,000 | 0.0% | $9.83 | $9.83 | — | UNIT 03/05/2026 | 46064T201 |
| — | Cornerstone Total Return Fund Inc | 4,211 | $58,000 | 0.0% | $13.77 | $13.77 | — | COM | 21924U300 |
| — | Priveterra Acquisition Corp | 5,000 | $49,000 | 0.0% | $9.80 | $9.80 | — | UNIT 99/99/9999 | 74275N201 |
| — | PAVmed Inc | 44,196 | $36,000 | 0.0% | $0.81 | $0.81 | — | *W EXP 04/30/202 | 70387R122 |
| — | Wheeler Real Estate Investment Trust Inc | 15,691 | $36,000 | 0.0% | $2.29 | $2.29 | — | COM NEW | 963025705 |
| — | Kismet Acquisition Three Corp | 3,200 | $31,000 | 0.0% | $9.69 | $9.69 | — | UNIT 99/99/9999 | G5276C128 |
| — | Orion Acquisition Corp | 3,000 | $29,000 | 0.0% | $9.67 | $9.67 | — | UNIT 02/19/2026 | 68626A207 |
| — | Fusion Acquisition Corp II | 2,500 | $25,000 | 0.0% | $10.00 | $10.00 | — | UNIT 02/29/2028 | 36118N201 |
| FBRT | Franklin BSP Realty Trust Inc | 885 | $12,000 | 0.0% | $13.56 | $13.56 | — | COMMON STOCK | 35243J101 |
| — | ESM Acquisition Corp | 30,000 | $12,000 | 0.0% | $0.40 | $0.40 | — | *W EXP 02/02/202 | G3195H112 |
| — | COVA Acquisition Corp | 1,178 | $12,000 | 0.0% | $10.19 | $10.19 | — | UNIT 04/01/2021 | G2554Y112 |
| — | Freedom Acquisition I Corp | 1,000 | $10,000 | 0.0% | $10.00 | $10.00 | — | UNIT 99/99/9999 | G3663X102 |
| — | Kismet Acquisition Two Corp | 1,000 | $10,000 | 0.0% | $10.00 | $10.00 | — | UNIT 99/99/9999 | G52807123 |
| — | SVF Investment Corp 2 | 1,000 | $10,000 | 0.0% | $10.00 | $10.00 | — | CL A SHS | G8601M100 |
| — | SVF Investment Corp 3 | 1,000 | $10,000 | 0.0% | $10.00 | $10.00 | — | CL A SHS | G8601N108 |
| — | Sculptor Capital Management Inc | 573 | $8,000 | 0.0% | $13.96 | $13.96 | — | COM CL A | 811246107 |
| — | Japan Smaller Capitalization Fund Inc | 480 | $3,000 | 0.0% | $6.25 | $6.25 | — | COM | 47109U104 |
| — | Gabelli Utility Trust/The | 10,010 | $2,000 | 0.0% | $0.20 | $0.20 | — | RIGHT 04/19/2022 | 36240A176 |
| — | Atlas Crest Investment Corp II | 239 | $2,000 | 0.0% | $8.37 | $8.37 | — | UNIT 99/99/9999 | 049287204 |
| — | Jack Creek Investment Corp | 50 | $0 | 0.0% | $0.00 | — | — | UNIT 10/01/2023 | G4989X107 |
| — | Virtus Total Return Fund Inc | 10 | $0 | 0.0% | $0.00 | — | — | COM | 92835W107 |