Location: Santa Monica, CA
CIK: 0001596468 · Show all filings
Period: Q3 2023 (← Previous) (Next →)
Filing Date: Nov 21, 2023
Total Value: $209M (97.9% shares, 2.1% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | Great Ajax Corp | 893,646 | $21.55M | 10.3% | $24.12 | $24.80 | — | 7.25 CV SR NT 24 | 38983D409 |
| — | BlackRock ESG Capital Allocation Term Trust | 997,868 | $14.76M | 7.1% | $14.79 | $13.57 | — | SHS BEN INT | 09262F100 |
| — | Nuveen Core Plus Impact Fund | 1,524,947 | $13.97M | 6.7% | $9.16 | $10.26 | — | COM BEN INT | 67080D103 |
| — | Templeton Global Income Fund | 3,097,815 | $11.96M | 5.7% | $3.86 | $4.26 | — | COM | 880198106 |
| XHIEX | Miller/Howard High Dividend Fund | 1,061,308 | $10.53M | 5.0% | $9.92 | $10.40 | — | COM SHS BEN IN | 600379101 |
| — | Center Coast Brookfield MLP & Energy Infrastructure Fund | 295,700 | $6.269M | 3.0% | $21.20 | $15.78 | — | SHS BEN INT | 151461209 |
| — | PIMCO Energy & Tactical Credit Opportunities Fund | 304,821 | $6.045M | 2.9% | $19.83 | $19.20 | — | COM SHS BEN INT | 69346N107 |
| — | Tortoise Midstream Energy Fund Inc | 162,123 | $5.538M | 2.7% | $34.16 | $35.74 | — | COM | 89148B200 |
| XBFZX | BlackRock California Municipal Income Trust | 528,375 | $5.437M | 2.6% | $10.29 | $11.70 | — | SH BEN INT | 09248E102 |
| — | Great Ajax Corp | 807,622 | $5.201M | 2.5% | $6.44 | $9.79 | — | COM | 38983D300 |
| XENWX | Eaton Vance New York Municipal Bond Fund | 574,428 | $4.762M | 2.3% | $8.29 | $9.08 | — | COM | 27827Y109 |
| BRSP | BrightSpire Capital Inc | 755,710 | $4.731M | 2.3% | $6.26 | $6.32 | — | COM CL A | 10949T109 |
| — | General American Investors Co Inc | 119,406 | $4.663M | 2.2% | $39.05 | $37.56 | — | COM | 368802104 |
| — | ClearBridge MLP & Midstream Total Return Fund Inc | 126,266 | $4.049M | 1.9% | $32.07 | $29.35 | — | COM | 18469Q207 |
| — | Nuveen Corporate Income 2023 Target Term Fund | 413,984 | $3.949M | 1.9% | $9.54 | $9.22 | — | COM | 67079F101 |
| XFDEX | First Trust Dynamic Europe Equity Income Fund | 317,469 | $3.937M | 1.9% | $12.40 | $12.46 | — | COM SHS | 33740D107 |
| — | Two Harbors Investment Corp | 4,250,000 | $3.91M | 1.9% | $0.92 | $0.85 | — | NOTE 6.250% 1/1 | 90187BAB7 |
| — | MFS Investment Grade Municipal Trust | 542,641 | $3.836M | 1.8% | $7.07 | $7.39 | — | SH BEN INT | 59318B108 |
| — | Nuveen Pennsylvania Quality Municipal Income Fund | 344,236 | $3.501M | 1.7% | $10.17 | $10.63 | — | COM | 670972108 |
| — | NXG NextGen Infrastructure Income Fund | 92,355 | $3.463M | 1.7% | $37.50 | $38.83 | — | COM | 231647207 |
| ADAM | New York Mortgage Trust Inc | 392,845 | $3.335M | 1.6% | $8.49 | $9.96 | — | COM | 649604840 |
| XEVMX | Eaton Vance California Municipal Bond Fund | 407,541 | $3.309M | 1.6% | $8.12 | $8.67 | — | COM | 27828A100 |
| — | BlackRock Capital Investment Corp | 853,697 | $3.167M | 1.5% | $3.71 | $3.64 | — | COM | 092533108 |
| — | PGIM Short Duration High Yield Opportunities Fund | 192,161 | $2.784M | 1.3% | $14.49 | $15.20 | — | COM | 69355J104 |
| — | VMware Inc | 15,408 | $2.565M | 1.2% | $166.48 | $163.74 | — | CL A COM | 928563402 |
| — | Mexico Fund Inc/The | 155,646 | $2.563M | 1.2% | $16.47 | $16.75 | — | COM | 592835102 |
| — | Morgan Stanley India Investment Fund Inc | 113,652 | $2.54M | 1.2% | $22.35 | $22.39 | — | COM | 61745C105 |
| — | Tortoise Energy Infrastructure Corp | 85,273 | $2.464M | 1.2% | $28.90 | $30.53 | — | COM | 89147L886 |
| — | Taiwan Fund Inc/The/MD | 78,924 | $2.366M | 1.1% | $29.98 | $25.82 | — | COM | 874036106 |
| — | Morgan Stanley Emerging Markets Domestic Debt Fund Inc | 548,796 | $2.338M | 1.1% | $4.26 | $4.64 | — | COM | 617477104 |
| — | Destra Multi-Alternative Fund | 356,014 | $2.129M | 1.0% | $5.98 | $5.98 | — | Common Shares | 25065A502 |
| MFA | MFA Financial Inc | 220,471 | $2.119M | 1.0% | $9.61 | $10.75 | — | COM | 55272X607 |
| — | BNY Mellon Municipal Income Inc | 342,744 | $1.943M | 0.9% | $5.67 | $5.99 | — | COM | 05589T104 |
| XJPIX | Nuveen Preferred & Income Term Fund | 111,076 | $1.907M | 0.9% | $17.17 | $17.37 | — | COM | 67075A106 |
| XXHYBXX | New America High Income Fund Inc/The | 266,198 | $1.725M | 0.8% | $6.48 | $6.81 | — | COM NEW | 641876800 |
| — | SRH Total Return Fund Inc | 132,881 | $1.725M | 0.8% | $12.98 | $12.18 | — | COM | 101507101 |
| — | BlackRock Health Sciences Term Trust | 104,194 | $1.501M | 0.7% | $14.41 | $14.41 | — | COM SHS | 09260E105 |
| — | Western Asset Inflation-Linked Opportunities & Income Fund | 164,733 | $1.356M | 0.6% | $8.23 | $9.03 | — | COM | 95766R104 |
| — | Calamos Long/Short Equity & Dynamic Income Trust | 87,130 | $1.289M | 0.6% | $14.79 | $15.64 | — | COM | 12812C106 |
| — | Central Securities Corp | 36,483 | $1.25M | 0.6% | $34.26 | $34.01 | — | COM | 155123102 |
| — | Arlington Asset Investment Corp | 285,885 | $1.224M | 0.6% | $4.28 | $4.45 | — | CL A NEW | 041356205 |
| — | Eaton Vance California Municipal Income Trust | 131,118 | $1.201M | 0.6% | $9.16 | $9.82 | — | SH BEN INT | 27826F101 |
| — | DWS Strategic Municipal Income Trust | 148,543 | $1.119M | 0.5% | $7.53 | $8.07 | — | COM | 23342Q101 |
| — | MFS High Income Municipal Trust | 346,618 | $1.081M | 0.5% | $3.12 | $3.12 | — | SH BEN INT | 59318D104 |
| — | abrdn National Municipal Income Fund | 108,001 | $930K | 0.4% | $8.61 | $8.61 | — | SH BEN INT | 24610T108 |
| CCIF | Carlyle Credit Income Fund | 106,297 | $870K | 0.4% | $8.18 | $8.18 | — | SH BEN INT | 92535C104 |
| — | DWS Municipal Income Trust | 93,546 | $720K | 0.3% | $7.70 | $7.70 | — | COM | 233368109 |
| — | ClearBridge Energy Midstream Opportunity Fund Inc | 21,953 | $696K | 0.3% | $31.70 | $28.30 | — | COM | 18469P209 |
| — | Clough Global Dividend and Income Fund | 138,223 | $687K | 0.3% | $4.97 | $5.73 | — | COM | 18913Y103 |
| RDI | Reading International Inc | 320,584 | $680K | 0.3% | $2.12 * | $4.35 | -43.8% | CL A | 755408101 |
| — | Japan Smaller Capitalization Fund Inc | 92,088 | $655K | 0.3% | $7.11 | $6.64 | — | COM | 47109U104 |
| — | BlackRock Municipal 2030 Target Term Trust | 33,400 | $648K | 0.3% | $19.41 | $19.41 | — | COM SH BEN IN | 09257P105 |
| RDN | Radian Group Inc | 25,359 | $637K | 0.3% | $25.11 * | $15.40 | +59.4% | COM | 750236101 |
| MTG | MGIC Investment Corp | 37,926 | $633K | 0.3% | $16.69 | $14.31 | +18.7% | COM | 552848103 |
| — | Voya Infrastructure Industrials and Materials Fund | 64,159 | $605K | 0.3% | $9.43 | $10.29 | — | COM | 92912X101 |
| — | Morgan Stanley China A Share Fund Inc | 48,425 | $603K | 0.3% | $12.46 | $13.85 | — | COM | 617468103 |
| PFX | PhenixFIN Corp | 15,337 | $581K | 0.3% | $37.90 * | $37.92 | -6.5% | COM | 71742W103 |
| — | BlackRock MuniHoldings California Quality Fund Inc | 59,661 | $570K | 0.3% | $9.56 | $9.56 | — | COM | 09254L107 |
| — | Blackstone Strategic Credit 2027 Term Fund | 48,111 | $529K | 0.3% | $10.99 | $11.14 | — | COM SHS BEN IN | 09257R101 |
| — | Invesco Pennsylvania Value Municipal Income Trust | 56,029 | $501K | 0.2% | $8.95 | $8.95 | — | COM | 46132K109 |
| — | Nicholas Financial Inc | 103,024 | $492K | 0.2% | $4.78 | $6.46 | — | COM NEW | 65373J209 |
| MPV | Barings Participation Investors | 35,183 | $473K | 0.2% | $13.43 | $12.50 | — | SH BEN INT | 06761A103 |
| — | PennyMac Corp | 500,000 | $449K | 0.2% | $0.90 | $0.81 | — | NOTE 5.500% 3/1 | 70932AAF0 |
| — | Kayne Anderson NextGen Energy & Infrastructure Inc | 62,228 | $443K | 0.2% | $7.12 | $7.53 | — | COM | 48661E108 |
| — | Neuberger Berman California Municipal Fund Inc | 43,410 | $425K | 0.2% | $9.79 | $10.83 | — | COM | 64123C101 |
| LADR | Ladder Capital Corp | 40,431 | $415K | 0.2% | $10.26 | $11.87 | — | CL A | 505743104 |
| — | Western Asset Intermediate Muni Fund Inc | 56,603 | $405K | 0.2% | $7.16 | $7.62 | — | COM | 958435109 |
| XTEAX | Ecofin Sustainable and Social | 32,613 | $391K | 0.2% | $11.98 | $12.93 | — | COM SH BEN INT | 27901F109 |
| — | Blackstone Senior Floating Rate 2027 Term Fund | 26,436 | $350K | 0.2% | $13.25 | $13.09 | — | COM | 09256U105 |
| — | WHEELER REIT INC | 5,272 | $290K | 0.1% | $55.00 | $50.00 | — | 7% SR NT 31 | 963025804 |
| — | Gabelli Healthcare & WellnessRx Trust/The | 31,790 | $273K | 0.1% | $8.58 | $8.58 | — | SHS BEN INT | 36246K103 |
| — | DTF Tax-Free Income 2028 Term Fund Inc | 24,372 | $260K | 0.1% | $10.67 | $11.05 | — | COM | 23334J107 |
| — | Safeguard Scientifics Inc | 257,491 | $257K | 0.1% | $1.00 | $9.20 | — | COM NEW | 786449207 |
| — | MFS Municipal Income Trust | 56,434 | $257K | 0.1% | $4.55 | $4.55 | — | SH BEN INT | 552738106 |
| — | Special Opportunities Fund Inc | 23,058 | $252K | 0.1% | $10.93 | $11.05 | — | COM | 84741T104 |
| — | Mexico Equity and Income Fund Inc/The | 25,653 | $241K | 0.1% | $9.40 | $9.12 | — | COM | 592834105 |
| — | Western Asset Investment Grade Defined Opportunity Trust Inc | 14,018 | $222K | 0.1% | $15.83 | $16.47 | — | COM | 95790A101 |
| EARN | Ellington Residential Mortgage REIT | 31,192 | $194K | 0.1% | $6.21 | $7.14 | — | COM SHS BEN INT | 288578107 |
| — | Clough Global Equity Fund | 31,323 | $172K | 0.1% | $5.48 | $5.48 | — | COM | 18914C100 |
| — | Nuveen New Jersey Quality Municipal Income Fund | 15,888 | $168K | 0.1% | $10.58 | $10.58 | — | COM | 67069Y102 |
| VEL | Velocity Financial Inc | 12,120 | $137K | 0.1% | $11.30 * | $5.46 | +122.6% | COM | 92262D101 |
| — | BNY Mellon Strategic Municipals Inc | 23,538 | $125K | 0.1% | $5.33 | $5.33 | — | COM | 05588W108 |
| — | BlackRock MuniYield Pennsylvania Quality Fund | 11,469 | $119K | 0.1% | $10.37 | $10.37 | — | COM | 09255G107 |
| BBDC | Barings BDC Inc | 11,747 | $105K | 0.1% | $8.91 * | $5.68 | +14.6% | COM | 06759L103 |
| — | Western Asset Mortgage Capital Corp | 10,608 | $99,715 | 0.0% | $9.40 | $10.88 | — | COM | 95790D204 |
| — | BNY Mellon Strategic Municipal Bond Fund Inc | 16,024 | $79,639 | 0.0% | $4.97 | $4.97 | — | COM | 09662E109 |
| — | Templeton Emerging Markets Income Fund | 17,088 | $78,776 | 0.0% | $4.61 | $4.61 | — | COM | 880192109 |
| — | First Trust Specialty Finance and Financial Opportunities Fund | 12,134 | $40,892 | 0.0% | $3.37 | $3.37 | — | COM BEN INTR | 33733G109 |