Location: Cedar Rapids, IA
CIK: 0001454937 · Show all filings
Period: Q3 2026 (← Previous)
Filing Date: Oct 30, 2026
Total Value: $137M (91.2% shares, 8.8% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | EURONET WORLDWIDE INC | 700,000 | $597K | 0.4% | $0.85 | $0.85 | — | NOTE 0.625%10/0 | 298736AN9 |
| — | EL PASO ENERGY CAP TR I | 5,000 | $248K | 0.2% | $49.51 | $49.51 | — | PFD CV TR SEC 28 | 283678209 |
| — | RIVERNORTH OPPORTUNITIES FD | 23,000 | $238K | 0.2% | $10.34 | $10.34 | — | COM | 76881Y109 |
| — | NEUBERGER HIGH YIELD ST FD I | 43,800 | $237K | 0.2% | $5.42 | $5.42 | — | COM | 64128C106 |
| — | INVESCO HIGH INCOME TR II | 26,000 | $236K | 0.2% | $9.09 | $9.09 | — | COM | 46131F101 |
| — | PGIM HIGH YIELD BOND FUND IN | 19,000 | $223K | 0.2% | $11.74 | $11.74 | — | COM | 69346H100 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| EAF | GRAFTECH INTL LTD SR NT | 31,000 (+106.7%) | $256K (+189.2%) | 0.2% | $8.27 | $8.89 | -7.0% | COM NEW | 384313607 |
| — | SOUTHERN CO | 19,530 (+34.4%) | $879K (+20.8%) | 0.6% | $45.01 | $49.95 | — | UNIT 12/15/2028 | 842587842 |
| — | BLACKROCK CORPOR HI YLD FD I | 57,100 (+63.1%) | $448K (+49.4%) | 0.3% | $7.84 | $8.39 | — | COM | 09255P107 |
| CCO | CLEAR CHANNEL OUTDOOR HLDGS | 115,592 (+30.5%) | $272K (+26.7%) | 0.2% | $2.35 | $1.82 | +28.8% | COM | 18453H106 |
| IHRT | IHEARTMEDIA INC | 70,000 (+180.0%) | $147K (+37.1%) | 0.1% | $2.10 | $3.47 | -39.5% | COM CL A | 45174J509 |
| — | INVESCO SR INCOME TR | 37,000 (+3.5%) | $107K (-0.3%) | 0.1% | $2.89 | $3.00 | — | COM | 46131H107 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | APOLLO GLOBAL MGMT INC | 22,713 | $1.363M | 1.0% | $60.02 | $56.49 | — | — | 03769M304 |
| — | CENTERPOINT ENERGY INC | 1,129,000 | $1.356M | 1.0% | $1.20 | $1.01 | — | — | 15189TBD8 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| VTI | VANGUARD INDEX FDS | 269,445 (-2.0%) | $101M (-0.9%) | 73.7% | $374.24 | $99.45 | +276.3% | MRNGSTR TTL STK | 922908769 |
| BND | VANGUARD BD INDEX FDS | 39,158 (-1.3%) | $2.747M (-5.7%) | 2.0% | $70.15 | $78.17 | -10.3% | TOTAL BND MRKT | 921937835 |
| — | HIGHLAND OPPS & INCOME FD | 36,919 (-22.5%) | $246K (-27.6%) | 0.2% | $6.66 | $6.36 | — | HIGHLAND INCOME | 43010E404 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | WELLS FARGO & CO | 2,870 | $3.059M | 2.2% | $1065.97 | $1493.00 | — | PERP PFD CNV A | 949746804 |
| — | EVERGY INC | 932,000 | $1.194M | 0.9% | $1.28 | $1.09 | — | NOTE 4.500%12/1 | 30034WAD8 |
| WW | WW INTL INC | 230,115 | $3.558M | 2.6% | $15.46 | $30.82 | -49.8% | COM NEW | 98262P200 |
| — | NEXTERA ENERGY CAP HLDGS INC | 621,000 | $704K | 0.5% | $1.13 | $1.15 | — | NOTE 3.000% 3/0 | 65339KCY4 |
| — | CMS ENERGY CORP | 905,000 | $911K | 0.7% | $1.01 | $1.07 | — | NOTE 3.375% 5/0 | 125896BX7 |
| — | PPL CAP FDG INC | 1,122,000 | $1.179M | 0.9% | $1.05 | $0.96 | — | NOTE 2.875% 3/1 | 69352PAS2 |
| — | KKR & CO INC | 37,400 | $1.549M | 1.1% | $41.42 | $53.22 | — | 6.25 CON SER D | 48251W500 |
| — | BANK OF AMER CORP | 2,248 | $2.748M | 2.0% | $1222.50 | $1445.41 | — | 7.25%CNV PFD L | 060505682 |
| — | UBER TECHNOLOGIES INC | 1,403,000 | $1.604M | 1.2% | $1.14 | $1.10 | — | NOTE 0.875%12/0 | 90353TAM2 |
| — | WEC ENERGY GROUP INC | 500,000 | $535K | 0.4% | $1.07 | $1.13 | — | NOTE 4.375% 6/0 | 92939UAP1 |
| — | SOUTHERN CO | 750,000 | $758K | 0.6% | $1.01 | $1.10 | — | NOTE 4.500% 6/1 | 842587DZ7 |
| — | WEC ENERGY GROUP INC | 500,000 | $553K | 0.4% | $1.11 | $1.15 | — | NOTE 4.375% 6/0 | 92939UAR7 |
| OPI | OFFICE PPTYS INCOME TR | 57,113 | $910K | 0.7% | $15.93 | $17.00 | — | COM OF BENEFICIA | 67623C307 |
| — | ARES MANAGEMENT CORPORATION | 22,700 | $881K | 0.6% | $38.80 | $53.41 | — | 6.75 SE B PFD | 03990B309 |
| — | PINNACLE WEST CAP CORP | 350,000 | $371K | 0.3% | $1.06 | $1.08 | — | NOTE 4.750% 6/1 | 723484AK7 |
| — | NEXTERA ENERGY INC | 8,000 | $391K | 0.3% | $48.84 | $55.66 | — | UNIT 06/01/2027 | 65339F663 |
| — | MERITAGE HOMES CORP | 475,000 | $454K | 0.3% | $0.96 | $0.97 | — | NOTE 1.750% 5/1 | 59001ABF8 |
| — | SOUTHERN CO | 700,000 | $679K | 0.5% | $0.97 | $1.01 | — | NOTE 3.250% 6/1 | 842587ED5 |
| — | WESTERN ASSET HIGH INCOM FD | 60,614 | $214K | 0.2% | $3.53 | $4.47 | — | COM | 95766J102 |
| SPHQ | INVESCO EXCHANGE TRADED FD T | 4,270 | $359K | 0.3% | $84.08 | $65.29 | +28.8% | S&P500 QUALITY | 46137V241 |
| VUG | VANGUARD INDEX FDS | 4,442 | $400K | 0.3% | $90.11 | $79.52 | +13.3% | MRNGSTR GRWT ETF | 922908736 |
| — | GLOBAL PMTS INC | 1,800,000 | $1.598M | 1.2% | $0.89 | $0.94 | — | NOTE 1.500% 3/0 | 37940XAU6 |
| — | ENVISTA HOLDINGS CORPORATION | 390,000 | $374K | 0.3% | $0.96 | $0.93 | — | NOTE 1.750% 8/1 | 29415FAD6 |
| HYG | ISHARES TR | 5,575 | $430K | 0.3% | $77.21 | $76.14 | +1.4% | IBOXX HI YD ETF | 464288513 |
| VGSH | VANGUARD SCOTTSDALE FDS | 13,500 | $777K | 0.6% | $57.56 | $58.22 | -1.1% | SHORT TERM TREAS | 92206C102 |
| — | EATON VANCE SR FLTNG RTE TR | 24,120 | $251K | 0.2% | $10.40 | $11.74 | — | COM | 27828Q105 |
| BKLN | INVESCO EXCH TRADED FD TR II | 45,500 | $930K | 0.7% | $20.43 | $20.83 | -1.9% | SR LN ETF | 46138G508 |
| SRLN | SSGA ACTIVE ETF TR | 26,300 | $1.062M | 0.8% | $40.39 | $41.62 | -2.9% | ST STR BL LN ETF | 78467V608 |
| — | EATON VANCE FLOATING RATE IN | 17,768 | $190K | 0.1% | $10.68 | $11.29 | — | COM | 278279104 |
| — | CAPITAL SOUTHWEST CORP | 185,000 | $191K | 0.1% | $1.03 | $0.98 | — | NOTE 5.125%11/1 | 140501AE7 |
| — | BLOCK INC | 300,000 | $284K | 0.2% | $0.95 | $0.95 | — | NOTE 0.250%11/0 | 852234AK9 |