Location: Santa Monica, CA
CIK: 0001596468 · Show all filings
Period: Q2 2023 (← Previous) (Next →)
Filing Date: Aug 11, 2023
Total Value: $234M (96.3% shares, 3.7% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| — | Great Ajax Corp | 786,337 | $19.37M | 8.3% | $24.89 | — | 7.25 CV SR NT 24 | 38983D409 |
| — | BlackRock ESG Capital Allocation Term Trust | 1,086,262 | $17.39M | 7.4% | $13.57 | — | SHS BEN INT | 09262F100 |
| — | Nuveen Core Plus Impact Fund | 1,378,772 | $13.99M | 6.0% | $10.37 | — | COM BEN INT | 67080D103 |
| NLY | Annaly Capital Management Inc | 679,400 | $13.65M | 5.8% | $19.76 | — | COM NEW | 035710839 |
| — | Templeton Global Income Fund | 2,480,094 | $10.64M | 4.5% | $4.36 | — | COM | 880198106 |
| XHIEX | Miller/Howard High Dividend Fund | 1,014,629 | $10.63M | 4.5% | $10.43 | — | COM SHS BEN IN | 600379101 |
| XBFZX | BlackRock California Municipal Income Trust | 738,499 | $8.559M | 3.7% | $11.70 | — | SH BEN INT | 09248E102 |
| BRSP | BrightSpire Capital Inc | 889,397 | $6.546M | 2.8% | $6.32 | — | COM CL A | 10949T109 |
| — | Center Coast Brookfield MLP & Energy Infrastructure Fund | 295,700 | $6.115M | 2.6% | $15.78 | — | SHS BEN INT | 151461209 |
| — | Tortoise Midstream Energy Fund Inc | 166,623 | $5.937M | 2.5% | $35.74 | — | COM | 89148B200 |
| BBDC | Barings BDC Inc | 607,352 | $5.071M | 2.2% | $5.68 | -1.0% | COM | 06759L103 |
| — | Great Ajax Corp | 720,209 | $4.969M | 2.1% | $10.20 | — | COM | 38983D300 |
| — | ClearBridge MLP & Midstream Total Return Fund Inc | 146,706 | $4.954M | 2.1% | $29.35 | — | COM | 18469Q207 |
| — | General American Investors Co Inc | 109,864 | $4.685M | 2.0% | $37.43 | — | COM | 368802104 |
| XENWX | Eaton Vance New York Municipal Bond Fund | 451,498 | $4.38M | 1.9% | $9.30 | — | COM | 27827Y109 |
| ADAM | New York Mortgage Trust Inc | 408,845 | $4.15M | 1.8% | $9.96 | — | COM | 649604840 |
| — | MFS Investment Grade Municipal Trust | 513,340 | $3.907M | 1.7% | $7.40 | — | SH BEN INT | 59318B108 |
| — | Nuveen Corporate Income 2023 Target Term Fund | 413,984 | $3.883M | 1.7% | $9.22 | — | COM | 67079F101 |
| — | Two Harbors Investment Corp | 4,250,000 | $3.871M | 1.7% | $0.85 | — | NOTE 6.250% 1/1 | 90187BAB7 |
| MPV | Barings Participation Investors | 272,182 | $3.625M | 1.5% | $12.50 | — | SH BEN INT | 06761A103 |
| — | NXG NextGen Infrastructure Income Fund | 87,784 | $3.479M | 1.5% | $38.89 | — | COM | 231647207 |
| XEVMX | Eaton Vance California Municipal Bond Fund | 360,526 | $3.219M | 1.4% | $8.74 | — | COM | 27828A100 |
| — | PGIM Short Duration High Yield Opportunities Fund | 183,807 | $2.807M | 1.2% | $15.23 | — | COM | 69355J104 |
| — | Tortoise Energy Infrastructure Corp | 85,273 | $2.62M | 1.1% | $30.53 | — | COM | 89147L886 |
| — | Western Asset Mortgage Capital Corp | 2,750,000 | $2.565M | 1.1% | $0.86 | — | NOTE 6.750% 9/1 | 95790DAD7 |
| — | Mexico Fund Inc/The | 140,329 | $2.522M | 1.1% | $16.78 | — | COM | 592835102 |
| — | Goldman Sachs MLP Energy and Renaissance Fund | 159,089 | $2.493M | 1.1% | $12.19 | — | COM | 38148G206 |
| MFA | MFA Financial Inc | 220,471 | $2.483M | 1.1% | $10.75 | — | COM | 55272X607 |
| — | Western Asset Inflation-Linked Opportunities & Income Fund | 270,274 | $2.416M | 1.0% | $9.03 | — | COM | 95766R104 |
| — | Morgan Stanley India Investment Fund Inc | 107,037 | $2.408M | 1.0% | $22.39 | — | COM | 61745C105 |
| — | Aberdeen Total Dynamic Dividend Fund | 280,447 | $2.35M | 1.0% | $8.38 | — | COM SH BEN INT | 00326L100 |
| — | Taiwan Fund Inc/The/MD | 66,452 | $2.214M | 0.9% | $25.04 | — | COM | 874036106 |
| XXHYBXX | New America High Income Fund Inc/The | 324,886 | $2.209M | 0.9% | $6.81 | — | COM NEW | 641876800 |
| — | REDWOOD TRUST INC | 2,000,000 | $1.842M | 0.8% | $0.92 | — | NOTE 7.750% 6/1 | 758075AF2 |
| — | SRH Total Return Fund Inc | 132,881 | $1.822M | 0.8% | $12.18 | — | COM | 101507101 |
| — | BlackRock Capital Investment Corp | 470,334 | $1.703M | 0.7% | $3.59 | — | COM | 092533108 |
| — | Nuveen Pennsylvania Quality Municipal Income Fund | 141,974 | $1.604M | 0.7% | $11.28 | — | COM | 670972108 |
| — | Morgan Stanley Emerging Markets Domestic Debt Fund Inc | 326,122 | $1.598M | 0.7% | $4.90 | — | COM | 617477104 |
| — | Wheeler Real Estate Investment Trust Inc | 129,187 | $1.513M | 0.6% | $12.84 | — | PFD CNV SER D | 963025606 |
| — | Nuveen Short Duration Credit Opportunities Fund | 129,962 | $1.508M | 0.6% | $11.60 | — | COM | 67074X107 |
| — | BlackRock Resources & Commodities Strategy Trust | 149,634 | $1.474M | 0.6% | $9.85 | — | SHS | 09257A108 |
| — | Calamos Long/Short Equity & Dynamic Income Trust | 87,130 | $1.371M | 0.6% | $15.64 | — | COM | 12812C106 |
| — | Safeguard Scientifics Inc | 796,632 | $1.227M | 0.5% | $9.20 | — | COM NEW | 786449207 |
| — | ClearBridge Energy Midstream Opportunity Fund Inc | 35,874 | $1.152M | 0.5% | $28.30 | — | COM | 18469P209 |
| — | Central Securities Corp | 29,376 | $1.09M | 0.5% | $33.95 | — | COM | 155123102 |
| — | Clough Global Dividend and Income Fund | 188,205 | $1.078M | 0.5% | $5.73 | — | COM | 18913Y103 |
| — | Nuveen Senior Income Fund | 229,436 | $1.055M | 0.5% | $4.61 | — | COM | 67067Y104 |
| — | PIMCO Energy & Tactical Credit Opportunities Fund | 62,786 | $1.052M | 0.4% | $16.75 | — | COM SHS BEN INT | 69346N107 |
| — | FS Credit Opportunities Corp | 205,615 | $1.036M | 0.4% | $4.54 | — | COMMON STOCK | 30290Y101 |
| RDI | Reading International Inc | 372,975 | $992K | 0.4% | $4.35 | -31.5% | CL A | 755408101 |
| — | BNY Mellon Municipal Income Inc | 147,271 | $941K | 0.4% | $6.42 | — | COM | 05589T104 |
| — | Eaton Vance California Municipal Income Trust | 91,887 | $934K | 0.4% | $10.10 | — | SH BEN INT | 27826F101 |
| RDN | Radian Group Inc | 33,059 | $890K | 0.4% | $15.40 | +46.9% | COM | 750236101 |
| XJPIX | Nuveen Preferred & Income Term Fund | 49,056 | $865K | 0.4% | $17.63 | — | COM | 67075A106 |
| MTG | MGIC Investment Corp | 50,426 | $844K | 0.4% | $14.31 | +3.6% | COM | 552848103 |
| — | Eaton Vance Ltd Duration Income Fund | 87,167 | $828K | 0.4% | $9.50 | — | COM | 27828H105 |
| — | DWS Strategic Municipal Income Trust | 92,106 | $784K | 0.3% | $8.40 | — | COM | 23342Q101 |
| — | Voya Infrastructure Industrials and Materials Fund | 75,926 | $781K | 0.3% | $10.29 | — | COM | 92912X101 |
| — | VMware Inc | 4,762 | $751K | 0.3% | $157.63 | — | CL A COM | 928563402 |
| — | Neuberger Berman California Municipal Fund Inc | 67,716 | $733K | 0.3% | $10.83 | — | COM | 64123C101 |
| — | DTF Tax-Free Income 2028 Term Fund Inc | 62,493 | $691K | 0.3% | $11.05 | — | COM | 23334J107 |
| — | Kayne Anderson NextGen Energy & Infrastructure Inc | 91,193 | $688K | 0.3% | $7.53 | — | COM | 48661E108 |
| — | Blackstone Strategic Credit 2027 Term Fund | 61,400 | $684K | 0.3% | $11.14 | — | COM SHS BEN IN | 09257R101 |
| — | Arlington Asset Investment Corp | 145,907 | $673K | 0.3% | $4.61 | — | CL A NEW | 041356205 |
| — | Morgan Stanley China A Share Fund Inc | 48,425 | $658K | 0.3% | $13.85 | — | COM | 617468103 |
| — | Nuveen Floating Rate Income Opportunity Fund | 75,648 | $596K | 0.3% | $7.98 | — | COM SHS | 6706EN100 |
| — | Japan Smaller Capitalization Fund Inc | 79,124 | $589K | 0.3% | $6.56 | — | COM | 47109U104 |
| PFX | PhenixFIN Corp | 15,337 | $552K | 0.2% | $37.92 | -10.5% | COM | 71742W103 |
| — | Nicholas Financial Inc | 103,024 | $505K | 0.2% | $6.46 | — | COM NEW | 65373J209 |
| — | Western Asset Intermediate Muni Fund Inc | 65,425 | $503K | 0.2% | $7.62 | — | COM | 958435109 |
| LADR | Ladder Capital Corp | 45,031 | $495K | 0.2% | $11.87 | — | CL A | 505743104 |
| XTTPX | Tortoise Pipeline & Energy Fund Inc | 16,131 | $472K | 0.2% | $27.59 | — | COM | 89148H207 |
| — | PennyMac Corp | 500,000 | $444K | 0.2% | $0.81 | — | NOTE 5.500% 3/1 | 70932AAF0 |
| XTEAX | Ecofin Sustainable and Social | 32,613 | $421K | 0.2% | $12.93 | — | COM SH BEN INT | 27901F109 |
| TWO | Two Harbors Investment Corp | 28,845 | $387K | 0.2% | $13.41 | — | COM | 90187B804 |
| — | Blackstone Senior Floating Rate 2027 Term Fund | 29,302 | $384K | 0.2% | $13.09 | — | COM | 09256U105 |
| — | Nuveen Preferred & Income Opportunities Fund | 53,916 | $356K | 0.2% | $6.60 | — | COM | 67073B106 |
| — | Special Opportunities Fund Inc | 27,258 | $315K | 0.1% | $11.05 | — | COM | 84741T104 |
| EARN | Ellington Residential Mortgage REIT | 42,343 | $308K | 0.1% | $7.14 | — | COM SHS BEN INT | 288578107 |
| — | Mexico Equity and Income Fund Inc/The | 25,653 | $274K | 0.1% | $9.12 | — | COM | 592834105 |
| — | WHEELER REIT INC | 5,272 | $264K | 0.1% | $50.00 | — | 7% SR NT 31 | 963025804 |
| DX | Dynex Capital Inc | 19,968 | $261K | 0.1% | $12.72 | — | COM | 26817Q886 |
| — | Western Asset Mortgage Capital Corp | 24,855 | $246K | 0.1% | $10.88 | — | COM | 95790D204 |
| XNBOX | Neuberger Berman New York Municipal Fund Inc | 25,412 | $245K | 0.1% | $9.63 | — | COM | 64124K102 |
| XFDEX | First Trust Dynamic Europe Equity Income Fund | 17,198 | $234K | 0.1% | $13.59 | — | COM SHS | 33740D107 |
| — | Western Asset Investment Grade Defined Opportunity Trust Inc | 13,118 | $217K | 0.1% | $16.51 | — | COM | 95790A101 |
| C | Citigroup Inc | 4,500 | $214K | 0.1% | $42.37 | +0.9% | COM NEW | 172967424 |
| TIPT | Tiptree Inc | 13,120 | $194K | 0.1% | $11.24 | +23.9% | COM | 88822Q103 |
| — | Highland Opportunities and Income Fund | 22,078 | $188K | 0.1% | $8.51 | — | HIGHLAND INCOME | 43010E404 |
| VEL | Velocity Financial Inc | 12,120 | $150K | 0.1% | $5.46 | +76.7% | COM | 92262D101 |
| — | Nuveen Floating Rate Income Fund/Closed-end Fund | 10,941 | $88,403 | 0.0% | $8.08 | — | COM | 67072T108 |
| — | Clough Global Opportunities Fund | 13,140 | $67,408 | 0.0% | $5.13 | — | SH BEN INT | 18914E106 |