Location: Santa Monica, CA
CIK: 0001596468 · Show all filings
Period: Q4 2018 (Next →)
Filing Date: Feb 14, 2019
Total Value: $148M (98.7% shares, 1.3% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | Ellington Financial LLC | 944,911 | $14.48M | 9.8% | $15.33 | $15.33 | — | COM | 288522303 |
| — | BlackRock MuniHoldings California Ql | 862,826 | $10.64M | 7.2% | $12.33 | $12.33 | — | COM | 09254L107 |
| — | FS KKR Capital Corp | 1,916,114 | $9.925M | 6.7% | $5.18 | $5.18 | — | COM | 302635107 |
| — | Owens Realty Mortgage Inc | 448,096 | $8.42M | 5.7% | $18.79 | $18.79 | — | COM | 690828108 |
| — | MFA Financial Inc | 1,119,758 | $7.48M | 5.0% | $6.68 | $6.68 | — | COM | 55272X102 |
| — | Great Ajax Corp | 562,217 | $6.775M | 4.6% | $12.05 | $12.05 | — | COM | 38983D300 |
| — | BlackRock Debt Strategies Fund Inc | 487,939 | $4.767M | 3.2% | $9.77 | $9.77 | — | COM | 09255R202 |
| — | MVC Capital Inc | 502,035 | $4.122M | 2.8% | $8.21 | $8.21 | — | COM | 553829102 |
| AGRO | Adecoagro S A | 582,797 | $4.056M | 2.7% | $6.96 * | $6.50 | 0.0% | COM | L00849106 |
| — | Alliance California Municipal Income Fd | 270,919 | $3.706M | 2.5% | $13.68 | $13.68 | — | COM | 018546101 |
| — | BlackRock 2022 Global Income Opp | 410,476 | $3.415M | 2.3% | $8.32 | $8.32 | — | COM | 09258P104 |
| — | Third Point Reinsurance Ltd | 339,589 | $3.274M | 2.2% | $9.64 | $9.64 | — | COM | G8827U100 |
| — | First Trust High Income L/S Fd | 233,279 | $3.098M | 2.1% | $13.28 | $13.28 | — | COM | 33738E109 |
| — | Highland Floating Rate Opport | 222,929 | $2.853M | 1.9% | $12.80 | $12.80 | — | SHS BEN INT | 43010E404 |
| — | Nuveen Michigan Quality Mun Inc | 212,147 | $2.643M | 1.8% | $12.46 | $12.46 | — | COM | 670979103 |
| — | Eaton Vance California Municipal Income T | 222,399 | $2.462M | 1.7% | $11.07 | $11.07 | — | SH BEN INT | 27826F101 |
| BRK/A | Berkshire Hathaway Inc | 8 | $2.448M | 1.6% | $306000.00 * | $313083.50 | 0.0% | COM | 084670108 |
| — | Western Asset Emerging Market Debt | 176,678 | $2.171M | 1.5% | $12.29 | $12.29 | — | COM | 95766A101 |
| — | Safeguard Scientifics Inc | 246,418 | $2.124M | 1.4% | $8.62 | $8.62 | — | COM | 786449207 |
| — | Exantas Capital Corp | 207,802 | $2.082M | 1.4% | $10.02 | $10.02 | — | COM NEW | 30068N105 |
| — | Resource Cap Corp | 2,000,000 | $1.93M | 1.3% | $0.96 | $0.96 | — | NOTE 4.500% 8/1 | 76120WAC8 |
| XBFZX | BlackRock California Municipal Income T | 155,178 | $1.857M | 1.3% | $11.97 | $11.97 | — | SH BEN INT | 09248E102 |
| — | Morgan Stanley Em Markets Dm De | 296,733 | $1.798M | 1.2% | $6.06 | $6.06 | — | COM | 617477104 |
| — | Eaton Vance Limited Duration Income F | 150,581 | $1.795M | 1.2% | $11.92 | $11.92 | — | COM | 27828H105 |
| — | Franklin Universal Trust | 270,592 | $1.718M | 1.2% | $6.35 | $6.35 | — | COM | 355145103 |
| — | Western Asset Corporate Loan F | 188,599 | $1.694M | 1.1% | $8.98 | $8.98 | — | COM | 95790J102 |
| — | BlackRock Muni New York Inter Dur | 127,587 | $1.586M | 1.1% | $12.43 | $12.43 | — | COM | 09255F109 |
| — | Western Asset Hgh Yld Dfndfd | 120,404 | $1.583M | 1.1% | $13.15 | $13.15 | — | COM | 95768B107 |
| XXCHNXX | China Fund Inc | 88,692 | $1.498M | 1.0% | $16.89 | $16.89 | — | COM | 169373107 |
| — | Invesco Senior Income Trust | 371,083 | $1.451M | 1.0% | $3.91 | $3.91 | — | COM | 46131H107 |
| — | Eaton Vance High Income 2021 T | 160,840 | $1.435M | 1.0% | $8.92 | $8.92 | — | COM SH BEN INT | 27829W101 |
| MTG | MGIC Investment Corp | 131,900 | $1.38M | 0.9% | $10.46 * | $11.70 | 0.0% | COM | 552848103 |
| — | Global X MLP ETF | 175,400 | $1.345M | 0.9% | $7.67 | $7.67 | — | COM | 37950E473 |
| — | Nuveen Emerging Markets Debt 20 | 176,199 | $1.344M | 0.9% | $7.63 | $7.63 | — | COM | 67077P101 |
| — | Western Asset Gl Hi Income | 142,598 | $1.179M | 0.8% | $8.27 | $8.27 | — | COM | 95766B109 |
| — | Hunt Cos Finance Trust Inc | 403,334 | $1.154M | 0.8% | $2.86 | $2.86 | — | COM | 44558T100 |
| XPHDX | Pioneer Floating Rate Trust | 116,656 | $1.148M | 0.8% | $9.84 | $9.84 | — | COM | 72369J102 |
| — | Nuveen Inter Duration Mn TMF | 92,544 | $1.146M | 0.8% | $12.38 | $12.38 | — | COM | 670671106 |
| — | Nuveen California AMT Qlty Muni | 86,264 | $1.094M | 0.7% | $12.68 | $12.68 | — | COM | 670651108 |
| — | Front Yard Residential Corp | 120,000 | $1.048M | 0.7% | $8.73 | $8.73 | — | REIT | 35904G107 |
| — | Nuveen North Carolina Quality M | 78,908 | $931K | 0.6% | $11.80 | $11.80 | — | COM | 67060P100 |
| — | MFS California Municipal Fd | 92,806 | $928K | 0.6% | $10.00 | $10.00 | — | COM | 59318C106 |
| — | BlackRock New York Municipal Bond | 68,355 | $874K | 0.6% | $12.79 | $12.79 | — | COM | 09249P106 |
| — | Salient Midstream & MLP Fund | 116,154 | $858K | 0.6% | $7.39 | $7.39 | — | SH BEN INT | 79471V105 |
| — | Invesco Dynamic Credit Opp Fd | 69,838 | $717K | 0.5% | $10.27 | $10.27 | — | COM | 46132R104 |
| — | BlackRock Floating Rate Income | 58,572 | $697K | 0.5% | $11.90 | $11.90 | — | COM NEW | 09255X100 |
| — | Mexico Fund Inc | 52,241 | $692K | 0.5% | $13.25 | $13.25 | — | COM | 592835102 |
| — | Voya Prime Rate Trust | 145,755 | $654K | 0.4% | $4.49 | $4.49 | — | SH BEN INT | 92913A100 |
| — | Nuveen New York AMT Qlty Muni | 54,767 | $638K | 0.4% | $11.65 | $11.65 | — | COM | 670656107 |
| — | NorthStar Realty Europe Corp | 43,119 | $627K | 0.4% | $14.54 | $14.54 | — | COM | 66706L101 |
| — | BlackRock Limited Duration Inc T | 44,632 | $597K | 0.4% | $13.38 | $13.38 | — | COM SHS | 09249W101 |
| — | BlackRock MuniYield California Qlty | 46,483 | $588K | 0.4% | $12.65 | $12.65 | — | COM | 09254N103 |
| — | Aberdeen Emerging Markets Equity Income | 91,677 | $582K | 0.4% | $6.35 | $6.35 | — | COM | 00301W105 |
| — | Mexico Equity & Income Fund In | 57,700 | $581K | 0.4% | $10.07 | $10.07 | — | COM | 592834105 |
| — | First Trust Senior Floating Rate Income Fd | 44,977 | $504K | 0.3% | $11.21 | $11.21 | — | COM | 33733U108 |
| — | Nuveen Inter Duration Qual Mun TRM | 40,004 | $494K | 0.3% | $12.35 | $12.35 | — | COM | 670677103 |
| — | General American Investors Co | 16,608 | $472K | 0.3% | $28.42 | $28.42 | — | COM | 368802104 |
| — | Morgan Stanley Asia-Pacific Fd | 28,226 | $464K | 0.3% | $16.44 | $16.44 | — | COM | 61744U106 |
| XEVMX | Eaton Vance California Municipal Bond Fd | 45,971 | $455K | 0.3% | $9.90 | $9.90 | — | COM | 27828A100 |
| BKLN | Invesco Exchange Traded Fd TR | 20,522 | $447K | 0.3% | $21.78 | $21.78 | — | SR LN ETF | 46138G508 |
| — | Capstead Mortgage Corp | 50,000 | $334K | 0.2% | $6.68 | $6.68 | — | COM NO PAR | 14067E506 |
| — | Nuveen Georgia Quality Municip | 28,245 | $309K | 0.2% | $10.94 | $10.94 | — | COM | 67072B107 |
| — | OHA Investment Corp | 304,671 | $308K | 0.2% | $1.01 | $1.01 | — | COM | 67091U102 |
| EARN | Ellington Residential Mortgage | 29,700 | $304K | 0.2% | $10.24 | $10.24 | — | COM SHS BEN INT | 288578107 |
| — | Morgan Stanley India Invs Fd | 14,846 | $298K | 0.2% | $20.07 | $20.07 | — | COM | 61745C105 |
| — | Western Asset Mtg Cap Corp | 34,953 | $292K | 0.2% | $8.35 | $8.35 | — | COM | 95790D105 |
| — | BlackRock MuniYield Michigan Qlty | 20,564 | $255K | 0.2% | $12.40 | $12.40 | — | COM | 09254V105 |
| EPD | Enterprise Products Partners L | 10,000 | $246K | 0.2% | $24.60 | $24.60 | — | COM | 293792107 |
| — | Dividend and Income Fund | 25,786 | $246K | 0.2% | $9.54 | $9.54 | — | COM NEW | 25538A204 |
| XXHYBXX | New America High Income Fund Inc | 31,795 | $240K | 0.2% | $7.55 | $7.55 | — | COM NEW | 641876800 |
| — | Templeton Dragon Fund Inc | 14,125 | $240K | 0.2% | $16.99 | $16.99 | — | COM | 88018T101 |
| C | Citigroup Inc | 4,500 | $234K | 0.2% | $52.00 * | $49.36 | 0.0% | COM | 172967424 |
| — | Neuberger Berman California Muni | 19,184 | $233K | 0.2% | $12.15 | $12.15 | — | COM | 64123C101 |
| — | Aberdeen Asia-Pacific Income | 58,355 | $226K | 0.2% | $3.87 | $3.87 | — | COM | 003009107 |
| — | Western Asset Mun Def Opp TR | 10,000 | $195K | 0.1% | $19.50 | $19.50 | — | COM | 95768A109 |
| GLRE | Greenlight Capital Re Ltd | 22,220 | $192K | 0.1% | $8.64 * | $10.91 | 0.0% | CLASS A | G4095J109 |
| — | Western Asset High Incm Opp | 41,066 | $180K | 0.1% | $4.38 | $4.38 | — | COM | 95766K109 |
| XJEQX | Aberdeen Japan Equity Fund Inc | 27,600 | $179K | 0.1% | $6.49 | $6.49 | — | COM | 00306J109 |
| — | Alps ETF TR | 19,960 | $174K | 0.1% | $8.72 | $8.72 | — | ALERIAN MLP | 00162Q866 |
| — | BrandywineGbl Global Income Oprt | 16,496 | $171K | 0.1% | $10.37 | $10.37 | — | COM | 10537L104 |
| XMUIX | BlackRock Muni Intermediate Dr FD I | 12,745 | $161K | 0.1% | $12.63 | $12.63 | — | COM | 09253X102 |
| XHNWX | Pioneer Diversified High Incom Trust | 11,869 | $154K | 0.1% | $12.97 | $12.97 | — | COM | 723653101 |
| — | Nuveen Credit Strategies Incom | 18,506 | $137K | 0.1% | $7.40 | $7.40 | — | COM | 67073D102 |
| — | Nuveen Real Asset Income and G | 10,000 | $136K | 0.1% | $13.60 | $13.60 | — | COM | 67074Y105 |
| EQS | Equus Total Return Inc | 54,210 | $106K | 0.1% | $1.96 * | $2.01 | 0.0% | COM | 294766100 |