Location: Cedar Rapids, IA
CIK: 0001454937 · Show all filings
Period: Q2 2025 (← Previous) (Next →)
Filing Date: Jul 21, 2025
Total Value: $133M (81.4% shares, 18.6% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| VTI | VANGUARD INDEX FDS | 293,601 | $89.23M | 66.8% | $303.93 | $99.66 | — | TOTAL STK MKT | 922908769 |
| — | WELLS FARGO CO NEW | 3,070 | $3.592M | 2.7% | $1169.99 | $1493.00 | — | PERP PFD CNV A | 949746804 |
| BND | VANGUARD BD INDEX FDS | 42,012 | $3.093M | 2.3% | $73.63 | $79.21 | — | TOTAL BND MRKT | 921937835 |
| — | BANK AMERICA CORP | 2,488 | $3.009M | 2.3% | $1209.50 | $1445.41 | — | 7.25%CNV PFD L | 060505682 |
| — | SOUTHERN CO | 2,268,000 | $2.51M | 1.9% | $1.11 | $0.99 | — | NOTE 3.875%12/1 | 842587DP9 |
| — | NEXTERA ENERGY INC | 57,000 | $2.267M | 1.7% | $39.78 | $37.81 | — | UNIT 09/01/2025 | 65339F713 |
| — | UBER TECHNOLOGIES INC | 1,403,000 | $2.001M | 1.5% | $1.43 | $1.10 | — | NOTE 0.875%12/0 | 90353TAM2 |
| — | FORD MTR CO | 1,847,000 | $1.825M | 1.4% | $0.99 | $0.99 | — | NOTE 3/1 | 345370CZ1 |
| — | APOLLO GLOBAL MGMT INC | 22,713 | $1.702M | 1.3% | $74.94 | $56.49 | — | SER A MAND CNV | 03769M304 |
| — | GLOBAL PMTS INC | 1,800,000 | $1.607M | 1.2% | $0.89 | $0.94 | — | NOTE 1.500% 3/0 | 37940XAU6 |
| — | DUKE ENERGY CORP NEW | 1,434,000 | $1.517M | 1.1% | $1.06 | $1.06 | — | NOTE 4.125% 4/1 | 26441CBY0 |
| — | KKR & CO INC | 27,000 | $1.453M | 1.1% | $53.81 | $53.81 | — | 6.25 CON SER D | 48251W500 |
| — | CENTERPOINT ENERGY INC | 1,129,000 | $1.222M | 0.9% | $1.08 | $1.01 | — | NOTE 4.250% 8/1 | 15189TBD8 |
| SRLN | SSGA ACTIVE ETF TR | 29,300 | $1.219M | 0.9% | $41.59 | $41.90 | — | BLACKSTONE SENR | 78467V608 |
| — | ARES MANAGEMENT CORPORATION | 22,700 | $1.212M | 0.9% | $53.41 | $53.41 | — | 6.75 SE B PFD | 03990B309 |
| — | PPL CAP FDG INC | 1,122,000 | $1.212M | 0.9% | $1.08 | $0.96 | — | NOTE 2.875% 3/1 | 69352PAS2 |
| — | EVERGY INC | 932,000 | $1.09M | 0.8% | $1.17 | $1.09 | — | NOTE 4.500%12/1 | 30034WAD8 |
| — | CMS ENERGY CORP | 905,000 | $962K | 0.7% | $1.06 | $1.07 | — | NOTE 3.375% 5/0 | 125896BX7 |
| — | VENTAS RLTY LTD PARTNERSHIP | 761,000 | $910K | 0.7% | $1.20 | $1.21 | — | NOTE 3.750% 6/0 | 92277GAZ0 |
| — | EXPEDIA GROUP INC | 882,000 | $857K | 0.6% | $0.97 | $1.17 | — | NOTE 2/1 | 30212PBE4 |
| — | SOUTHERN CO | 750,000 | $825K | 0.6% | $1.10 | $1.10 | — | NOTE 4.500% 6/1 | 842587DZ7 |
| VGSH | VANGUARD SCOTTSDALE FDS | 13,500 | $794K | 0.6% | $58.78 | $58.22 | — | SHORT TERM TREAS | 92206C102 |
| — | ALLIANT ENERGY CORP | 746,000 | $766K | 0.6% | $1.03 | $0.98 | — | NOTE 3.875% 3/1 | 018802AC2 |
| BKLN | INVESCO EXCH TRADED FD TR II | 36,000 | $753K | 0.6% | $20.92 | $21.17 | — | SR LN ETF | 46138G508 |
| — | NEXTERA ENERGY CAP HLDGS INC | 621,000 | $706K | 0.5% | $1.14 | $1.15 | — | NOTE 3.000% 3/0 | 65339KCY4 |
| — | WEC ENERGY GROUP INC | 500,000 | $576K | 0.4% | $1.15 | $1.15 | — | NOTE 4.375% 6/0 | 92939UAR7 |
| — | WEC ENERGY GROUP INC | 500,000 | $563K | 0.4% | $1.13 | $1.13 | — | NOTE 4.375% 6/0 | 92939UAP1 |
| — | HIGHLAND OPPS & INCOME FD | 105,895 | $551K | 0.4% | $5.20 | $6.36 | — | HIGHLAND INCOME | 43010E404 |
| VUG | VANGUARD INDEX FDS | 1,152 | $505K | 0.4% | $438.40 | $382.22 | — | GROWTH ETF | 922908736 |
| — | AMERICAN WTR CAP CORP | 500,000 | $502K | 0.4% | $1.00 | $0.99 | — | NOTE 3.625% 6/1 | 03040WBE4 |
| — | MERITAGE HOMES CORP | 475,000 | $460K | 0.3% | $0.97 | $0.97 | — | NOTE 1.750% 5/1 | 59001ABF8 |
| HYG | ISHARES TR | 5,575 | $450K | 0.3% | $80.65 | $77.15 | — | IBOXX HI YD ETF | 464288513 |
| SPHQ | INVESCO EXCHANGE TRADED FD T | 5,725 | $408K | 0.3% | $71.26 | $67.27 | — | S&P500 QUALITY | 46137V241 |
| — | PINNACLE WEST CAP CORP | 350,000 | $379K | 0.3% | $1.08 | $1.08 | — | NOTE 4.750% 6/1 | 723484AK7 |
| CBL | CBL & ASSOC PPTYS INC | 14,909 | $379K | 0.3% | $25.39 | $28.76 | — | COMMON STOCK | 124830878 |
| — | NEXTERA ENERGY INC | 8,000 | $376K | 0.3% | $47.04 | $55.66 | — | UNIT 06/01/2027 | 65339F663 |
| — | ENVISTA HOLDINGS CORPORATION | 390,000 | $361K | 0.3% | $0.93 | $0.93 | — | NOTE 1.750% 8/1 | 29415FAD6 |
| CCO | CLEAR CHANNEL OUTDOOR HLDGS | 298,191 | $349K | 0.3% | $1.17 * | $1.65 | -34.7% | COM | 18453H106 |
| — | FIRST TR SR FLTG RATE INCOME | 30,017 | $305K | 0.2% | $10.16 | $9.81 | — | COM | 33733U108 |
| — | WESTERN ASSET HIGH INCOM FD | 60,614 | $260K | 0.2% | $4.29 | $4.47 | — | COM | 95766J102 |
| IHRT | IHEARTMEDIA INC | 117,010 | $206K | 0.2% | $1.76 * | $3.99 | -66.6% | COM CL A | 45174J509 |
| — | CAPITAL SOUTHWEST CORP | 185,000 | $182K | 0.1% | $0.98 | $0.98 | — | NOTE 5.125%11/1 | 140501AE7 |
| — | EATON VANCE SR FLTNG RTE TR | 14,765 | $179K | 0.1% | $12.12 | $12.12 | — | COM | 27828Q105 |
| — | NEW MTN FIN CORP | 155,000 | $155K | 0.1% | $1.00 | $1.02 | — | NOTE 7.500%10/1 | 647551AE0 |
| — | SUNNOVA ENERGY INTL INC. | 1,000,000 | $2,500 | 0.0% | $0.00 | $0.08 | — | NOTE 2.625% 2/1 | 86745KAH7 |
| — | SUNNOVA ENERGY INTL INC. | 1,000,000 | $2,500 | 0.0% | $0.00 | $0.09 | — | NOTE 0.250%12/0 | 86745KAF1 |