AEGON USA Investment Management, LLC Diversified Active

CIK: 0001454937 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 9, 2026

Total Value ($000): $141,497 (84.2% shares, 15.8% debt)

Holdings (44)

New Positions (3)

— EATON VANCE FLTING RATE INC 0.1%

Value ($000) $201 Shares 17,768 Est. Cost $11.29 Unrealized —

RXT RACKSPACE TECHNOLOGY INC 0.1%

Value ($000) $194 Shares 200,000 Est. Cost $1.26 Unrealized 0.0%

— BLACKROCK CORPOR HI YLD FD I 0.1%

Value ($000) $178 Shares 20,000 Est. Cost $8.90 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	EATON VANCE FLTING RATE INC	17,768	$201	0.1%	$11.29	—	COM	278279104
RXT	RACKSPACE TECHNOLOGY INC	200,000	$194	0.1%	$1.26	0.0%	COM	750102105
—	BLACKROCK CORPOR HI YLD FD I	20,000	$178	0.1%	$8.90	—	COM	09255P107

Increased Positions (3)

— KKR & CO INC 1.4%

Value ($000) $1,933 (+39.5%) Shares 37,400 (+38.5%) Est. Cost $53.22 Unrealized —

— EATON VANCE SR FLTNG RTE TR 0.2%

Value ($000) $269 (+59.1%) Shares 24,120 (+63.4%) Est. Cost $11.74 Unrealized —

SPHQ INVESCO EXCHANGE TRADED FD T 0.3%

Value ($000) $369 (+5.8%) Shares 4,920 (+3.4%) Est. Cost $67.52 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	KKR & CO INC	37,400 (+38.5%)	$1,933 (+39.5%)	1.4%	$53.22	—	6.25 CON SER D	48251W500
—	EATON VANCE SR FLTNG RTE TR	24,120 (+63.4%)	$269 (+59.1%)	0.2%	$11.74	—	COM	27828Q105
SPHQ	INVESCO EXCHANGE TRADED FD T	4,920 (+3.4%)	$369 (+5.8%)	0.3%	$67.52	—	S&P500 QUALITY	46137V241

Exited Positions (3)

— SOUTHERN CO 1.8%

Value ($000) $2,553 Shares 2,268,000 Est. Cost $0.99 Unrealized —

CBL CBL & ASSOC PPTYS INC 0.3%

Value ($000) $456 Shares 14,909 Est. Cost $28.76 Unrealized —

— NEW MTN FIN CORP 0.1%

Value ($000) $155 Shares 155,000 Est. Cost $1.02 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SOUTHERN CO	2,268,000	$2,553	1.8%	$0.99	—	—	842587DP9
CBL	CBL & ASSOC PPTYS INC	14,909	$456	0.3%	$28.76	—	—	124830878
—	NEW MTN FIN CORP	155,000	$155	0.1%	$1.02	—	—	647551AE0

Decreased Positions (5)

WW WW INTL INC 3.8%

Value ($000) $5,325 (-33.8%) Shares 182,286 (-38.0%) Est. Cost $34.35 Unrealized -18.6%

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.1%

Value ($000) $196 (-48.9%) Shares 88,592 (-63.5%) Est. Cost $1.65 Unrealized +12.2%

— HIGHLAND OPPS & INCOME FD 0.4%

Value ($000) $527 (-21.6%) Shares 88,168 (-16.7%) Est. Cost $6.36 Unrealized —

IHRT IHEARTMEDIA INC 0.1%

Value ($000) $195 (-42.1%) Shares 46,764 (-60.0%) Est. Cost $3.99 Unrealized -6.3%

VTI VANGUARD INDEX FDS 67.4%

Value ($000) $95,340 (+0.1%) Shares 284,368 (-2.0%) Est. Cost $99.66 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WW	WW INTL INC	182,286 (-38.0%)	$5,325 (-33.8%)	3.8%	$34.35	-18.6%	COM NEW	98262P200
CCO	CLEAR CHANNEL OUTDOOR HLDGS	88,592 (-63.5%)	$196 (-48.9%)	0.1%	$1.65	+12.2%	COM	18453H106
—	HIGHLAND OPPS & INCOME FD	88,168 (-16.7%)	$527 (-21.6%)	0.4%	$6.36	—	HIGHLAND INCOME	43010E404
IHRT	IHEARTMEDIA INC	46,764 (-60.0%)	$195 (-42.1%)	0.1%	$3.99	-6.3%	COM CL A	45174J509
VTI	VANGUARD INDEX FDS	284,368 (-2.0%)	$95,340 (+0.1%)	67.4%	$99.66	—	TOTAL STK MKT	922908769

Unchanged Positions (33)

— UBER TECHNOLOGIES INC 1.3%

Value ($000) $1,820 Shares 1,403,000 Est. Cost $1.10 Unrealized —

— APOLLO GLOBAL MGMT INC 1.2%

Value ($000) $1,711 Shares 22,713 Est. Cost $56.49 Unrealized —

— EXPEDIA GROUP INC 0.7%

Value ($000) $984 Shares 882,000 Est. Cost $1.17 Unrealized —

— VENTAS RLTY LTD PARTNERSHIP 0.8%

Value ($000) $1,075 Shares 761,000 Est. Cost $1.21 Unrealized —

— BANK AMERICA CORP 2.0%

Value ($000) $2,809 Shares 2,248 Est. Cost $1445.41 Unrealized —

— WELLS FARGO CO NEW 2.5%

Value ($000) $3,481 Shares 2,870 Est. Cost $1493.00 Unrealized —

— DUKE ENERGY CORP NEW 1.0%

Value ($000) $1,477 Shares 1,434,000 Est. Cost $1.06 Unrealized —

— PPL CAP FDG INC 0.9%

Value ($000) $1,231 Shares 1,122,000 Est. Cost $0.96 Unrealized —

— FORD MTR CO 1.4%

Value ($000) $1,918 Shares 1,847,000 Est. Cost $0.99 Unrealized —

BND VANGUARD BD INDEX FDS 2.1%

Value ($000) $3,037 Shares 41,001 Est. Cost $79.21 Unrealized —

— NEXTERA ENERGY CAP HLDGS INC 0.5%

Value ($000) $771 Shares 621,000 Est. Cost $1.15 Unrealized —

— EVERGY INC 0.8%

Value ($000) $1,134 Shares 932,000 Est. Cost $1.09 Unrealized —

— WEC ENERGY GROUP INC 0.4%

Value ($000) $565 Shares 500,000 Est. Cost $1.13 Unrealized —

— SOUTHERN CO 0.6%

Value ($000) $800 Shares 750,000 Est. Cost $1.10 Unrealized —

— GLOBAL PMTS INC 1.1%

Value ($000) $1,615 Shares 1,800,000 Est. Cost $0.94 Unrealized —

— WEC ENERGY GROUP INC 0.4%

Value ($000) $583 Shares 500,000 Est. Cost $1.15 Unrealized —

— ARES MANAGEMENT CORPORATION 0.8%

Value ($000) $1,142 Shares 22,700 Est. Cost $53.41 Unrealized —

— ALLIANT ENERGY CORP 0.5%

Value ($000) $775 Shares 746,000 Est. Cost $0.98 Unrealized —

— CMS ENERGY CORP 0.7%

Value ($000) $968 Shares 905,000 Est. Cost $1.07 Unrealized —

— MERITAGE HOMES CORP 0.3%

Value ($000) $467 Shares 475,000 Est. Cost $0.97 Unrealized —

— CENTERPOINT ENERGY INC 0.9%

Value ($000) $1,235 Shares 1,129,000 Est. Cost $1.01 Unrealized —

— NEXTERA ENERGY INC 0.3%

Value ($000) $412 Shares 8,000 Est. Cost $55.66 Unrealized —

SRLN SSGA ACTIVE ETF TR 1.2%

Value ($000) $1,746 Shares 42,300 Est. Cost $41.80 Unrealized —

— WESTERN ASSET HIGH INCOM FD 0.2%

Value ($000) $252 Shares 60,614 Est. Cost $4.47 Unrealized —

VUG VANGUARD INDEX FDS 0.3%

Value ($000) $467 Shares 957 Est. Cost $382.22 Unrealized —

— ENVISTA HOLDINGS CORPORATION 0.3%

Value ($000) $374 Shares 390,000 Est. Cost $0.93 Unrealized —

BKLN INVESCO EXCH TRADED FD TR II 0.9%

Value ($000) $1,323 Shares 63,000 Est. Cost $21.07 Unrealized —

HYG ISHARES TR 0.3%

Value ($000) $450 Shares 5,575 Est. Cost $77.15 Unrealized —

— AMERICAN WTR CAP CORP 0.4%

Value ($000) $498 Shares 500,000 Est. Cost $0.99 Unrealized —

— PINNACLE WEST CAP CORP 0.3%

Value ($000) $374 Shares 350,000 Est. Cost $1.08 Unrealized —

— FIRST TR SR FLTG RATE INCOME 0.2%

Value ($000) $302 Shares 30,017 Est. Cost $9.81 Unrealized —

VGSH VANGUARD SCOTTSDALE FDS 0.6%

Value ($000) $793 Shares 13,500 Est. Cost $58.22 Unrealized —

— CAPITAL SOUTHWEST CORP 0.1%

Value ($000) $183 Shares 185,000 Est. Cost $0.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	UBER TECHNOLOGIES INC	1,403,000	$1,820	1.3%	$1.10	—	NOTE 0.875%12/0	90353TAM2
—	APOLLO GLOBAL MGMT INC	22,713	$1,711	1.2%	$56.49	—	SER A MAND CNV	03769M304
—	EXPEDIA GROUP INC	882,000	$984	0.7%	$1.17	—	NOTE 2/1	30212PBE4
—	VENTAS RLTY LTD PARTNERSHIP	761,000	$1,075	0.8%	$1.21	—	NOTE 3.750% 6/0	92277GAZ0
—	BANK AMERICA CORP	2,248	$2,809	2.0%	$1445.41	—	7.25%CNV PFD L	060505682
—	WELLS FARGO CO NEW	2,870	$3,481	2.5%	$1493.00	—	PERP PFD CNV A	949746804
—	DUKE ENERGY CORP NEW	1,434,000	$1,477	1.0%	$1.06	—	NOTE 4.125% 4/1	26441CBY0
—	PPL CAP FDG INC	1,122,000	$1,231	0.9%	$0.96	—	NOTE 2.875% 3/1	69352PAS2
—	FORD MTR CO	1,847,000	$1,918	1.4%	$0.99	—	NOTE 3/1	345370CZ1
BND	VANGUARD BD INDEX FDS	41,001	$3,037	2.1%	$79.21	—	TOTAL BND MRKT	921937835
—	NEXTERA ENERGY CAP HLDGS INC	621,000	$771	0.5%	$1.15	—	NOTE 3.000% 3/0	65339KCY4
—	EVERGY INC	932,000	$1,134	0.8%	$1.09	—	NOTE 4.500%12/1	30034WAD8
—	WEC ENERGY GROUP INC	500,000	$565	0.4%	$1.13	—	NOTE 4.375% 6/0	92939UAP1
—	SOUTHERN CO	750,000	$800	0.6%	$1.10	—	NOTE 4.500% 6/1	842587DZ7
—	GLOBAL PMTS INC	1,800,000	$1,615	1.1%	$0.94	—	NOTE 1.500% 3/0	37940XAU6
—	WEC ENERGY GROUP INC	500,000	$583	0.4%	$1.15	—	NOTE 4.375% 6/0	92939UAR7
—	ARES MANAGEMENT CORPORATION	22,700	$1,142	0.8%	$53.41	—	6.75 SE B PFD	03990B309
—	ALLIANT ENERGY CORP	746,000	$775	0.5%	$0.98	—	NOTE 3.875% 3/1	018802AC2
—	CMS ENERGY CORP	905,000	$968	0.7%	$1.07	—	NOTE 3.375% 5/0	125896BX7
—	MERITAGE HOMES CORP	475,000	$467	0.3%	$0.97	—	NOTE 1.750% 5/1	59001ABF8
—	CENTERPOINT ENERGY INC	1,129,000	$1,235	0.9%	$1.01	—	NOTE 4.250% 8/1	15189TBD8
—	NEXTERA ENERGY INC	8,000	$412	0.3%	$55.66	—	UNIT 06/01/2027	65339F663
SRLN	SSGA ACTIVE ETF TR	42,300	$1,746	1.2%	$41.80	—	BLACKSTONE SENR	78467V608
—	WESTERN ASSET HIGH INCOM FD	60,614	$252	0.2%	$4.47	—	COM	95766J102
VUG	VANGUARD INDEX FDS	957	$467	0.3%	$382.22	—	GROWTH ETF	922908736
—	ENVISTA HOLDINGS CORPORATION	390,000	$374	0.3%	$0.93	—	NOTE 1.750% 8/1	29415FAD6
BKLN	INVESCO EXCH TRADED FD TR II	63,000	$1,323	0.9%	$21.07	—	SR LN ETF	46138G508
HYG	ISHARES TR	5,575	$450	0.3%	$77.15	—	IBOXX HI YD ETF	464288513
—	AMERICAN WTR CAP CORP	500,000	$498	0.4%	$0.99	—	NOTE 3.625% 6/1	03040WBE4
—	PINNACLE WEST CAP CORP	350,000	$374	0.3%	$1.08	—	NOTE 4.750% 6/1	723484AK7
—	FIRST TR SR FLTG RATE INCOME	30,017	$302	0.2%	$9.81	—	COM	33733U108
VGSH	VANGUARD SCOTTSDALE FDS	13,500	$793	0.6%	$58.22	—	SHORT TERM TREAS	92206C102
—	CAPITAL SOUTHWEST CORP	185,000	$183	0.1%	$0.98	—	NOTE 5.125%11/1	140501AE7