Q3 2023
Q2 2023
Q4 2022
Q3 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AJXA | Sell | GREAT AJAX CORP 7.25 CV SR NT 247.25 cv sr nt 24 | $16,448,000 | -2.7% | 689,408 | -0.0% | 12.28% | +40.5% |
| PNNT | Buy | PENNANTPARK INVT CORP | $14,385,000 | -4.9% | 2,634,738 | +7.6% | 10.74% | +37.3% |
| New | ORCHID IS CAP INC | $9,548,000 | – | 1,164,408 | – | 7.13% | – | |
| NTG | Buy | TORTOISE MIDSTRM ENERGY FD I | $8,111,000 | +30.0% | 251,125 | +29.4% | 6.06% | +87.7% |
| Buy | MFA FINL INC | $7,013,000 | -27.5% | 901,293 | +0.2% | 5.24% | +4.7% | |
| BCAT | Buy | BLACKROCK CAP ALLOCATION TR | $5,486,000 | +2818.1% | 403,113 | +3045.1% | 4.10% | +4122.7% |
| Buy | BLACKROCK ESG CAP ALLC TR | $5,166,000 | +10.0% | 403,260 | +22.9% | 3.86% | +58.9% | |
| AJX | Buy | GREAT AJAX CORP | $4,991,000 | -20.1% | 664,619 | +2.0% | 3.73% | +15.4% |
| NPCT | Buy | NUVEEN CORE PLUS IMPACT FUND | $3,705,000 | +233.2% | 361,747 | +281.5% | 2.77% | +381.0% |
| Buy | CENTER COAST BRKFLD MLP ENRG | $3,686,000 | +73.9% | 222,596 | +68.2% | 2.75% | +151.3% | |
| NYMT | Buy | NEW YORK MTG TR | $3,237,000 | +11.9% | 1,383,046 | +32.0% | 2.42% | +61.7% |
| TYG | Sell | TORTOISE ENERGY INFRA CORP | $2,992,000 | -11.4% | 99,898 | -12.5% | 2.23% | +28.0% |
| SRV | Sell | CUSHING MLP & INFRASTRUCT | $2,808,000 | -22.7% | 86,195 | -34.1% | 2.10% | +11.7% |
| SZC | Buy | CUSHING NEXTGEN INFRA INCM F | $2,043,000 | +497.4% | 55,700 | +505.3% | 1.52% | +761.6% |
| GIM | Sell | TEMPLETON GLOBAL INCOME FD | $1,912,000 | -66.4% | 469,597 | -63.6% | 1.43% | -51.4% |
| MTG | Sell | MGIC INVT CORP WIS | $1,746,000 | -8.3% | 136,205 | -9.9% | 1.30% | +32.4% |
| CTR | Sell | CLEARBRIDGE MLP AND MIDSTRM | $1,525,000 | -31.1% | 57,941 | -33.0% | 1.14% | -0.4% |
| FAX | Sell | ABRDN ASIA PACIFIC INCOME FU | $1,516,000 | -47.0% | 601,595 | -38.6% | 1.13% | -23.4% |
| MPV | Buy | BARINGS PARTN INVS SH BEN INTsh ben int | $1,483,000 | +342.7% | 130,993 | +378.3% | 1.11% | +539.9% |
| EARN | Buy | ELLINGTON RESIDENTIAL MTG RE | $1,475,000 | +10.9% | 238,993 | +34.3% | 1.10% | +60.0% |
| EDD | Sell | MORGAN STANLEY EMERGING MKTS | $1,455,000 | -44.3% | 362,116 | -37.7% | 1.09% | -19.5% |
| JQC | Sell | NUVEEN CR STRATEGIES INCOME | $1,439,000 | -43.1% | 281,553 | -42.1% | 1.07% | -17.9% |
| JEMD | Buy | NUVEEN EMERGING MKTS DEBT 20 | $1,438,000 | +506.8% | 223,482 | +530.2% | 1.07% | +773.2% |
| New | WESTERN ASSET MTG CAP CORP | $1,242,000 | – | 110,958 | – | 0.93% | – | |
| GAM | Sell | GENERAL AMERN INVS CO INC | $986,000 | -44.2% | 29,110 | -41.8% | 0.74% | -19.4% |
| IIF | Sell | MORGAN STANLEY INDIA INVT FD | $934,000 | -1.9% | 40,146 | -5.8% | 0.70% | +41.7% |
| JLS | Buy | NUVEEN MORTGAGE AND INCOME F | $852,000 | +14100.0% | 52,929 | +15794.6% | 0.64% | +21100.0% |
| Sell | SEVEN HILLS REALTY TRUST | $790,000 | -42.0% | 86,621 | -32.1% | 0.59% | -16.2% | |
| FCRD | New | FIRST EAGLE ALTR CAP BDC INC | $678,000 | – | 237,099 | – | 0.51% | – |
| NUO | Sell | NUVEEN OHIO QLTY MUN INCOME | $646,000 | -41.2% | 54,990 | -36.6% | 0.48% | -15.1% |
| MCI | Buy | BARINGS CORPORATE INVS | $595,000 | +417.4% | 45,945 | +433.2% | 0.44% | +652.5% |
| BKCC | Sell | BLACKROCK CAP INVT CORP | $569,000 | -45.1% | 167,779 | -40.6% | 0.42% | -20.7% |
| PFX | Sell | PHENIXFIN CORP | $535,000 | -85.3% | 15,337 | -84.6% | 0.40% | -78.8% |
| GER | Sell | GOLDMAN SACHS MLP ENERGY REN | $461,000 | -73.6% | 38,397 | -75.5% | 0.34% | -61.9% |
| TPZ | Sell | TORTOISE PWR & ENERGY INFRAS | $427,000 | -50.0% | 34,191 | -49.9% | 0.32% | -27.7% |
| GLRE | Buy | GREENLIGHT CAPITAL RE LTDclass a | $367,000 | +7240.0% | 49,322 | +6837.0% | 0.27% | +9033.3% |
| NRGX | Sell | PIMCO ENERGY & TACTICAL CR O | $343,000 | -83.5% | 25,323 | -84.3% | 0.26% | -76.1% |
| BIF | New | SRH TOTAL RETURN FUND INC | $281,000 | – | 25,790 | – | 0.21% | – |
| DEX | New | DELAWARE ENHANCED GLOBAL DIV | $257,000 | – | 37,459 | – | 0.19% | – |
| WDI | Buy | WESTERN ASSET DIVERSIFIED IN | $239,000 | +127.6% | 18,990 | +151.2% | 0.18% | +229.6% |
| ESNT | New | ESSENT GROUP LTD | $150,000 | – | 4,305 | – | 0.11% | – |
| TWN | Buy | TAIWAN FD INC | $150,000 | +38.9% | 7,178 | +67.7% | 0.11% | +100.0% |
| IVH | Buy | DELAWARE IVY HIGH INCOME OPP | $147,000 | +2000.0% | 14,582 | +1983.1% | 0.11% | +2650.0% |
| FGB | New | FIRST TR | $134,000 | – | 47,000 | – | 0.10% | – |
| WHLR | New | WHEELER REAL ESTATE INVT TR | $65,000 | – | 5,545 | – | 0.05% | – |
| Buy | DESTRA MULTI-ALTERNATIVE FD | $48,000 | +17.1% | 7,375 | +23.4% | 0.04% | +71.4% | |
| IHIT | New | INVESCO HIG INCM 2023 TARG T | $42,000 | – | 5,221 | – | 0.03% | – |
| SBI | Sell | WESTERN ASSET INTER MUNI FD | $35,000 | -79.9% | 4,762 | -78.0% | 0.03% | -71.1% |
| New | CION INVT CORP | $34,000 | – | 3,987 | – | 0.02% | – | |
| NML | Sell | NEUBERGER BERMAN MLP & ENERG | $30,000 | -98.4% | 4,800 | -98.5% | 0.02% | -97.8% |
| EEA | Sell | EUROPEAN EQUITY FD INC | $22,000 | -42.1% | 3,523 | -32.2% | 0.02% | -20.0% |
| EMD | Sell | WESTERN ASSET EMERGING MKTS | $7,000 | -75.0% | 908 | -72.0% | 0.01% | -64.3% |
| WIW | New | WESTERN AST INFL LKD OPP & I | $6,000 | – | 600 | – | 0.00% | – |
| FIF | New | FIRST TR | $4,000 | – | 352 | – | 0.00% | – |
| ZTR | Sell | VIRTUS TOTAL RETURN FD INC | $0 | – | 4 | -60.0% | 0.00% | – |
| NZF | Sell | NUVEEN MUNICIPAL CREDIT INC | $0 | -100.0% | 3 | -97.1% | 0.00% | -100.0% |
| Exit | REDBOX ENTERTAINMENT INC*w exp 12/15/202 | $0 | – | -2,000 | – | -0.00% | – | |
| CUK | Exit | CARNIVAL PLCadr | $0 | – | -418 | – | -0.00% | – |
| TTP | Exit | TORTOISE PIPELINE & ENERGY F | $0 | – | -200 | – | -0.00% | – |
| ESMWS | Exit | ESM ACQUISITION CORPORATION*w exp 02/02/202 | $0 | – | -30,000 | – | -0.00% | – |
| CXH | Exit | MFS INVT GRADE MUN TRsh ben int | $0 | – | -1,800 | – | -0.01% | – |
| PAVMZ | Exit | PAVMED INC*w exp 04/30/202 | $0 | – | -44,196 | – | -0.01% | – |
| SPPP | Exit | SPROTT PHYSICAL PLAT PALLADunit | $0 | – | -2,050 | – | -0.01% | – |
| MFM | Exit | MFS MUN INCOME TRsh ben int | $0 | – | -6,383 | – | -0.02% | – |
| BBDC | Exit | BARINGS BDC INC | $0 | – | -4,559 | – | -0.02% | – |
| NBO | Exit | NEUBERGER BERMAN N Y MUN FD | $0 | – | -5,349 | – | -0.03% | – |
| VPV | Exit | INVESCO PA VALUE MUN INC TR | $0 | – | -5,100 | – | -0.03% | – |
| NBW | Exit | NEUBERGER BRMAN CLIFRN MUNI | $0 | – | -5,000 | – | -0.03% | – |
| WHLRD | Exit | WHEELER REAL ESTATE INVT TRpfd cnv ser d | $0 | – | -5,545 | – | -0.04% | – |
| BTZ | Exit | BLACKROCK CR ALLOCATION INCO | $0 | – | -10,386 | – | -0.06% | – |
| Exit | PIMCO ACCESS INCOME FUND | $0 | – | -9,357 | – | -0.08% | – | |
| Exit | INVESCO MORTGAGE CAPITAL INC | $0 | – | -10,202 | – | -0.08% | – | |
| Exit | COHEN & STEERS REAL ESTATE O | $0 | – | -9,922 | – | -0.08% | – | |
| NMIH | Exit | NMI HLDGS INCcl a | $0 | – | -10,000 | – | -0.09% | – |
| SBT | Exit | STERLING BANCORP INC | $0 | – | -31,847 | – | -0.09% | – |
| BOE | Exit | BLACKROCK ENHANCED GLOBAL DI | $0 | – | -20,801 | – | -0.10% | – |
| FTHY | Exit | FIRST TR | $0 | – | -15,169 | – | -0.11% | – |
| Exit | TWO HARBORS INVENTMENT CORPOnote 6.250% 1/1 | $0 | – | -250,000 | – | -0.12% | – | |
| EVM | Exit | EATON VANCE CALIF MUN BD FD | $0 | – | -25,361 | – | -0.12% | – |
| LDP | Exit | COHEN & STEERS LTD DURATION | $0 | – | -12,300 | – | -0.13% | – |
| PHD | Exit | PIONEER FLOATING RATE FUND I | $0 | – | -29,946 | – | -0.14% | – |
| BFZ | Exit | BLACKROCK CALIF MUN INCOME Tsh ben int | $0 | – | -29,133 | – | -0.17% | – |
| BGY | Exit | BLACKROCK ENHANCED INTL DIV | $0 | – | -69,376 | – | -0.18% | – |
| Exit | WESTERN ASSET MORTGAGE CAPITnote 6.750% 9/1 | $0 | – | -500,000 | – | -0.21% | – | |
| Exit | PENNYMAC CORPnote 5.500% 3/1 | $0 | – | -500,000 | – | -0.22% | – | |
| PFSI | Exit | PENNYMAC FINL SVCS INC NEW | $0 | – | -10,634 | – | -0.24% | – |
| Exit | MFA FINL INCnote 6.250% 6/1 | $0 | – | -767,000 | – | -0.36% | – | |
| FSK | Exit | FS KKR CAP CORP | $0 | – | -37,520 | – | -0.38% | – |
| PDO | Exit | PIMCO DYNAMIC INCOME OPRNTS | $0 | – | -57,735 | – | -0.41% | – |
| KMF | Exit | KAYNE ANDERSON NEXTGEN ENRGY | $0 | – | -111,633 | – | -0.43% | – |
| JSD | Exit | NUVEEN SHORT DURATION CR OPP | $0 | – | -78,785 | – | -0.49% | – |
| WMC | Exit | WESTERN ASSET MTG CAP CORP | $0 | – | -1,142,708 | – | -0.71% | – |
| Exit | GUGGENHEIM ACTIVE ALLOC FD | $0 | – | -103,464 | – | -0.76% | – | |
| SMM | Exit | SALIENT MIDSTREAM & MLP FDsh ben int | $0 | – | -217,168 | – | -0.85% | – |
| DX | Exit | DYNEX CAP INC | $0 | – | -104,425 | – | -0.86% | – |
| NBXG | Exit | NEUBERGER BERMAN NEXT GENERA | $0 | – | -168,776 | – | -0.86% | – |
| EMO | Exit | CLEARBRIDGE ENERGY MIDSTRM O | $0 | – | -100,057 | – | -1.22% | – |
| CLM | Exit | CORNERSTONE STRATEGIC VALUE | $0 | – | -487,856 | – | -2.16% | – |
| CRF | Exit | CORNERSTONE TOTAL RETURN FD | $0 | – | -2,102,042 | – | -9.05% | – |
| AGNC | Exit | AGNC INVT CORP | $0 | – | -2,037,519 | – | -11.66% | – |
Q2 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AGNC | New | AGNC INVT CORP | $22,555,000 | – | 2,037,519 | – | 11.66% | – |
| CRF | New | CORNERSTONE TOTAL RETURN FD | $17,510,000 | – | 2,102,042 | – | 9.05% | – |
| AJXA | New | GREAT AJAX CORP7.25 cv sr nt 24 | $16,907,000 | – | 689,508 | – | 8.74% | – |
| PNNT | New | PENNANTPARK INVT CORP | $15,129,000 | – | 2,448,156 | – | 7.82% | – |
| New | MFA FINL INC | $9,673,000 | – | 899,794 | – | 5.00% | – | |
| AJX | New | GREAT AJAX CORP | $6,246,000 | – | 651,328 | – | 3.23% | – |
| NTG | New | TORTOISE MIDSTRM ENERGY FD I | $6,241,000 | – | 194,016 | – | 3.23% | – |
| GIM | New | TEMPLETON GLOBAL INCOME FD | $5,689,000 | – | 1,290,039 | – | 2.94% | – |
| VCIF | New | VERTICAL CAP INCOME FD | $5,108,000 | – | 546,229 | – | 2.64% | – |
| New | BLACKROCK ESG CAP ALLC TR | $4,695,000 | – | 328,085 | – | 2.43% | – | |
| CLM | New | CORNERSTONE STRATEGIC VALUE | $4,186,000 | – | 487,856 | – | 2.16% | – |
| PFX | New | PHENIXFIN CORP | $3,637,000 | – | 99,677 | – | 1.88% | – |
| SRV | New | CUSHING MLP & INFRASTRUCT | $3,633,000 | – | 130,772 | – | 1.88% | – |
| TYG | New | TORTOISE ENERGY INFRA CORP | $3,376,000 | – | 114,131 | – | 1.74% | – |
| LADR | New | LADDER CAP CORPcl a | $3,089,000 | – | 293,072 | – | 1.60% | – |
| NYMT | New | NEW YORK MTG TR | $2,893,000 | – | 1,048,046 | – | 1.50% | – |
| FAX | New | ABRDN ASIA PACIFIC INCOME FU | $2,860,000 | – | 979,427 | – | 1.48% | – |
| BRSP | New | BRIGHTSPIRE CAPITAL INC | $2,806,000 | – | 371,665 | – | 1.45% | – |
| SFE | New | SAFEGUARD SCIENTIFICS INC | $2,661,000 | – | 713,445 | – | 1.38% | – |
| EDD | New | MORGAN STANLEY EMERGING MKTS | $2,610,000 | – | 581,307 | – | 1.35% | – |
| JQC | New | NUVEEN CR STRATEGIES INCOME | $2,530,000 | – | 486,542 | – | 1.31% | – |
| EMO | New | CLEARBRIDGE ENERGY MIDSTRM O | $2,362,000 | – | 100,057 | – | 1.22% | – |
| CTR | New | CLEARBRIDGE MLP AND MIDSTRM | $2,214,000 | – | 86,417 | – | 1.14% | – |
| RDN | New | RADIAN GROUP INC | $2,200,000 | – | 111,917 | – | 1.14% | – |
| New | CENTER COAST BRKFLD MLP ENRG | $2,119,000 | – | 132,344 | – | 1.10% | – | |
| NRGX | New | PIMCO ENERGY & TACTICAL CR O | $2,075,000 | – | 161,616 | – | 1.07% | – |
| NML | New | NEUBERGER BERMAN MLP & ENERG | $1,935,000 | – | 322,537 | – | 1.00% | – |
| MTG | New | MGIC INVT CORP WIS | $1,905,000 | – | 151,205 | – | 0.98% | – |
| GAM | New | GENERAL AMERN INVS CO INC | $1,767,000 | – | 49,983 | – | 0.91% | – |
| GER | New | GOLDMAN SACHS MLP ENERGY REN | $1,749,000 | – | 156,945 | – | 0.90% | – |
| NBXG | New | NEUBERGER BERMAN NEXT GENERA | $1,674,000 | – | 168,776 | – | 0.86% | – |
| DX | New | DYNEX CAP INC | $1,663,000 | – | 104,425 | – | 0.86% | – |
| SMM | New | SALIENT MIDSTREAM & MLP FDsh ben int | $1,644,000 | – | 217,168 | – | 0.85% | – |
| New | GUGGENHEIM ACTIVE ALLOC FD | $1,469,000 | – | 103,464 | – | 0.76% | – | |
| RDI | New | READING INTL INCcl a | $1,388,000 | – | 384,699 | – | 0.72% | – |
| WMC | New | WESTERN ASSET MTG CAP CORP | $1,382,000 | – | 1,142,708 | – | 0.71% | – |
| New | SEVEN HILLS REALTY TRUST | $1,362,000 | – | 127,550 | – | 0.70% | – | |
| EARN | New | ELLINGTON RESIDENTIAL MTG RE | $1,330,000 | – | 177,996 | – | 0.69% | – |
| NPCT | New | NUVEEN CORE PLUS IMPACT FUND | $1,112,000 | – | 94,824 | – | 0.58% | – |
| NUO | New | NUVEEN OHIO QLTY MUN INCOME | $1,099,000 | – | 86,743 | – | 0.57% | – |
| BKCC | New | BLACKROCK CAP INVT CORP | $1,037,000 | – | 282,493 | – | 0.54% | – |
| IIF | New | MORGAN STANLEY INDIA INVT FD | $952,000 | – | 42,604 | – | 0.49% | – |
| JSD | New | NUVEEN SHORT DURATION CR OPP | $948,000 | – | 78,785 | – | 0.49% | – |
| NICK | New | NICHOLAS FINL INC BC | $854,000 | – | 91,670 | – | 0.44% | – |
| TPZ | New | TORTOISE PWR & ENERGY INFRAS | $854,000 | – | 68,312 | – | 0.44% | – |
| KMF | New | KAYNE ANDERSON NEXTGEN ENRGY | $838,000 | – | 111,633 | – | 0.43% | – |
| PDO | New | PIMCO DYNAMIC INCOME OPRNTS | $800,000 | – | 57,735 | – | 0.41% | – |
| FSK | New | FS KKR CAP CORP | $728,000 | – | 37,520 | – | 0.38% | – |
| New | MFA FINL INCnote 6.250% 6/1 | $694,000 | – | 767,000 | – | 0.36% | – | |
| AGRO | New | ADECOAGRO S A | $638,000 | – | 75,482 | – | 0.33% | – |
| PFSI | New | PENNYMAC FINL SVCS INC NEW | $465,000 | – | 10,634 | – | 0.24% | – |
| New | PENNYMAC CORPnote 5.500% 3/1 | $434,000 | – | 500,000 | – | 0.22% | – | |
| New | WESTERN ASSET MORTGAGE CAPITnote 6.750% 9/1 | $413,000 | – | 500,000 | – | 0.21% | – | |
| BGY | New | BLACKROCK ENHANCED INTL DIV | $351,000 | – | 69,376 | – | 0.18% | – |
| SZC | New | CUSHING NEXTGEN INFRA INCM F | $342,000 | – | 9,202 | – | 0.18% | – |
| NDP | New | TORTOISE ENERGY INDEPENDENC | $334,000 | – | 12,295 | – | 0.17% | – |
| MPV | New | BARINGS PARTN INVSsh ben int | $335,000 | – | 27,386 | – | 0.17% | – |
| BFZ | New | BLACKROCK CALIF MUN INCOME Tsh ben int | $330,000 | – | 29,133 | – | 0.17% | – |
| ESMU | New | ESM ACQUISITION CORPORATIONunit 99/99/9999 | $295,000 | – | 30,000 | – | 0.15% | – |
| TIPT | New | TIPTREE INC | $290,000 | – | 27,300 | – | 0.15% | – |
| PHD | New | PIONEER FLOATING RATE FUND I | $266,000 | – | 29,946 | – | 0.14% | – |
| LDP | New | COHEN & STEERS LTD DURATION | $243,000 | – | 12,300 | – | 0.13% | – |
| JEMD | New | NUVEEN EMERGING MKTS DEBT 20 | $237,000 | – | 35,462 | – | 0.12% | – |
| EVM | New | EATON VANCE CALIF MUN BD FD | $235,000 | – | 25,361 | – | 0.12% | – |
| PTOCU | New | PINE TECHNOLOGY ACQUISITN COunit 03/31/2028 | $235,000 | – | 24,028 | – | 0.12% | – |
| New | TWO HARBORS INVENTMENT CORPOnote 6.250% 1/1 | $227,000 | – | 250,000 | – | 0.12% | – | |
| FTHY | New | FIRST TR | $220,000 | – | 15,169 | – | 0.11% | – |
| C | New | CITIGROUP INC | $207,000 | – | 4,500 | – | 0.11% | – |
| MXE | New | MEXICO EQUITY & INCOME FD | $205,000 | – | 25,553 | – | 0.11% | – |
| BOE | New | BLACKROCK ENHANCED GLOBAL DI | $203,000 | – | 20,801 | – | 0.10% | – |
| BCAT | New | BLACKROCK CAP ALLOCATION TR | $188,000 | – | 12,817 | – | 0.10% | – |
| SBT | New | STERLING BANCORP INC | $181,000 | – | 31,847 | – | 0.09% | – |
| SBI | New | WESTERN ASSET INTER MUNI FD | $174,000 | – | 21,600 | – | 0.09% | – |
| NMIH | New | NMI HLDGS INCcl a | $167,000 | – | 10,000 | – | 0.09% | – |
| New | COHEN & STEERS REAL ESTATE O | $160,000 | – | 9,922 | – | 0.08% | – | |
| New | INVESCO MORTGAGE CAPITAL INC | $150,000 | – | 10,202 | – | 0.08% | – | |
| New | PIMCO ACCESS INCOME FUND | $148,000 | – | 9,357 | – | 0.08% | – | |
| VEL | New | VELOCITY FINL INC | $133,000 | – | 12,120 | – | 0.07% | – |
| GBLI | New | GLOBAL INDEMNITY GROUP LLC | $127,000 | – | 4,922 | – | 0.07% | – |
| IPVAU | New | INTERPRIVATE II ACQUISITIONunit 99/99/9999 | $120,000 | – | 12,300 | – | 0.06% | – |
| MCI | New | BARINGS CORPORATE INVS | $115,000 | – | 8,617 | – | 0.06% | – |
| BTZ | New | BLACKROCK CR ALLOCATION INCO | $113,000 | – | 10,386 | – | 0.06% | – |
| TWN | New | TAIWAN FD INC | $108,000 | – | 4,280 | – | 0.06% | – |
| WDI | New | WESTERN ASSET DIVERSIFIED IN | $105,000 | – | 7,561 | – | 0.05% | – |
| WHLRD | New | WHEELER REAL ESTATE INVT TRpfd cnv ser d | $73,000 | – | 5,545 | – | 0.04% | – |
| IPVIU | New | INTERPRIVATE IV INFRATECH PRunit 03/05/2026 | $59,000 | – | 6,000 | – | 0.03% | – |
| NBW | New | NEUBERGER BRMAN CLIFRN MUNI | $56,000 | – | 5,000 | – | 0.03% | – |
| VPV | New | INVESCO PA VALUE MUN INC TR | $53,000 | – | 5,100 | – | 0.03% | – |
| NBO | New | NEUBERGER BERMAN N Y MUN FD | $53,000 | – | 5,349 | – | 0.03% | – |
| PMGMU | New | PRIVETERRA ACQUISITION CORPunit 99/99/9999 | $49,000 | – | 5,000 | – | 0.02% | – |
| BBDC | New | BARINGS BDC INC | $42,000 | – | 4,559 | – | 0.02% | – |
| New | DESTRA MULTI-ALTERNATIVE FD | $41,000 | – | 5,975 | – | 0.02% | – | |
| EEA | New | EUROPEAN EQUITY FD INC | $38,000 | – | 5,200 | – | 0.02% | – |
| MFM | New | MFS MUN INCOME TRsh ben int | $35,000 | – | 6,383 | – | 0.02% | – |
| OHPAU | New | ORION ACQUISITION CORPunit 02/19/2026 | $30,000 | – | 3,000 | – | 0.02% | – |
| KIIIU | New | KISMET ACQUISITION THREE CORunit 99/99/9999 | $31,000 | – | 3,200 | – | 0.02% | – |
| SPPP | New | SPROTT PHYSICAL PLAT PALLADunit | $27,000 | – | 2,050 | – | 0.01% | – |
| EMD | New | WESTERN ASSET EMERGING MKTS | $28,000 | – | 3,239 | – | 0.01% | – |
| FSNBU | New | FUSION ACQUISITION CORP IIunit 02/29/2028 | $25,000 | – | 2,500 | – | 0.01% | – |
| PAVMZ | New | PAVMED INC*w exp 04/30/202 | $22,000 | – | 44,196 | – | 0.01% | – |
| CXH | New | MFS INVT GRADE MUN TRsh ben int | $14,000 | – | 1,800 | – | 0.01% | – |
| COVAU | New | COVA ACQUISITION CORPunit 04/01/2021 | $12,000 | – | 1,178 | – | 0.01% | – |
| KAIIU | New | KISMET ACQUISITION TWO CORPunit 99/99/9999 | $10,000 | – | 1,000 | – | 0.01% | – |
| SVFB | New | SVF INVESTMENT CORP 2 | $10,000 | – | 1,000 | – | 0.01% | – |
| FACTU | New | FREEDOM ACQUISITION I CORPunit 99/99/9999 | $10,000 | – | 1,000 | – | 0.01% | – |
| WHLRP | New | WHEELER REAL ESTATE INVT TRcv pfd ser b | $7,000 | – | 1,483 | – | 0.00% | – |
| IVH | New | DELAWARE IVY HIGH INCOME OPP | $7,000 | – | 700 | – | 0.00% | – |
| SCU | New | SCULPTOR CAP MGMT | $5,000 | – | 573 | – | 0.00% | – |
| JLS | New | NUVEEN MORTGAGE AND INCOME F | $6,000 | – | 333 | – | 0.00% | – |
| ESMWS | New | ESM ACQUISITION CORPORATION*w exp 02/02/202 | $5,000 | – | 30,000 | – | 0.00% | – |
| GLRE | New | GREENLIGHT CAPITAL RE LTDclass a | $5,000 | – | 711 | – | 0.00% | – |
| TTP | New | TORTOISE PIPELINE & ENERGY F | $5,000 | – | 200 | – | 0.00% | – |
| JOF | New | JAPAN SMALLER CAPITALIZATION | $3,000 | – | 480 | – | 0.00% | – |
| CUK | New | CARNIVAL PLCadr | $3,000 | – | 418 | – | 0.00% | – |
| NZF | New | NUVEEN MUNICIPAL CREDIT INC | $1,000 | – | 103 | – | 0.00% | – |
| ACIIU | New | ATLAS CREST INVESTMENT CORPunit 99/99/9999 | $2,000 | – | 239 | – | 0.00% | – |
| New | REDBOX ENTERTAINMENT INC*w exp 12/15/202 | $1,000 | – | 2,000 | – | 0.00% | – | |
| ZTR | New | VIRTUS GLOBAL DIVID & INCOME | $0 | – | 10 | – | 0.00% | – |
| JCICU | New | JACK CREEK INVESTMENT CORPunit 10/01/2023 | $0 | – | 50 | – | 0.00% | – |
Q4 2020
Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Buy | MFA FINANCIAL INCnote 6.250% 6/1 | $7,091,000 | +6.6% | 7,517,000 | +0.2% | 9.62% | +15.9% | |
| AJX | Buy | GREAT AJAX CORP | $6,912,000 | +20.0% | 833,759 | +33.2% | 9.38% | +30.5% |
| MFA | Buy | MFA FINANCIAL INC | $6,493,000 | +1244.3% | 2,422,930 | +1149.6% | 8.81% | +1360.5% |
| VCIF | Buy | VERTICAL CAPITAL INCOME | $5,954,000 | +186.9% | 599,573 | +179.7% | 8.08% | +211.9% |
| MVC | Buy | MVC CAPITAL INC | $4,761,000 | +44.8% | 609,588 | +21.1% | 6.46% | +57.5% |
| HFRO | Sell | HIGHLAND INCOME FUND | $3,307,000 | -32.5% | 384,939 | -36.8% | 4.49% | -26.6% |
| MMAC | Buy | MMA CAPITAL HOLDINGS INC | $3,028,000 | +2.0% | 134,515 | +4.7% | 4.11% | +10.9% |
| Buy | GARRISON CAPITAL INC | $2,857,000 | +1100.4% | 748,009 | +960.8% | 3.88% | +1204.7% | |
| NYMT | Sell | NEW YORK MORTGAGE TRUST INC | $2,628,000 | -56.9% | 1,030,417 | -55.9% | 3.56% | -53.1% |
| MTG | Sell | MGIC INVESTMENT CORP | $2,424,000 | -23.6% | 273,600 | -29.3% | 3.29% | -16.9% |
| FSK | New | FS KKR CAPITAL CORP | $1,983,000 | – | 125,052 | – | 2.69% | – |
| KMF | Buy | KAYNE ANDERSON NEXTGEN ENERG | $1,530,000 | +1765.9% | 379,641 | +2009.1% | 2.08% | +1934.3% |
| ANH | Buy | ANWORTH MORTGAGE ASSET CORP | $1,468,000 | +307.8% | 895,088 | +322.7% | 1.99% | +343.4% |
| WTRE | Buy | WATFORD HOLDINGS LTD | $1,254,000 | +178.7% | 54,655 | +102.9% | 1.70% | +203.2% |
| OCSL | Buy | OAKTREE SPECIALTY LENDING CO | $1,251,000 | +242.7% | 258,377 | +216.8% | 1.70% | +273.0% |
| TTP | New | TORTOISE PIPELINE & ENERGY | $810,000 | – | 67,879 | – | 1.10% | – |
| TPZ | New | TORTOISE POWER & ENRGY INFRA | $802,000 | – | 94,116 | – | 1.09% | – |
| NRGX | New | PIMCO ENRGY & TACT CRDT | $768,000 | – | 123,991 | – | 1.04% | – |
| SZC | Sell | CUSHING NEXTGEN INFRA INC | $712,000 | -40.6% | 26,551 | -32.2% | 0.97% | -35.4% |
| TRMT | Sell | TREMONT MORTGAGE TRUST | $704,000 | -14.9% | 241,260 | -10.2% | 0.96% | -7.5% |
| BKCC | New | BLACKROCK CAPITAL INVESTMENT | $695,000 | – | 284,993 | – | 0.94% | – |
| CMO | Sell | CAPSTEAD MORTGAGE CORP | $651,000 | -76.6% | 115,863 | -77.2% | 0.88% | -74.6% |
| RESI | New | FRONT YARD RESIDENTIAL CORP | $610,000 | – | 69,791 | – | 0.83% | – |
| NDP | Buy | TORTOISE ENERGY INDEPENDENCE | $567,000 | +29.2% | 57,028 | +51.3% | 0.77% | +40.3% |
| NICK | Sell | NICHOLAS FINANCIAL INC | $544,000 | -22.2% | 74,892 | -20.8% | 0.74% | -15.4% |
| RDN | New | RADIAN GROUP INC | $495,000 | – | 33,867 | – | 0.67% | – |
| TYG | New | TORTOISE ENERGY INFRASTRUCT | $455,000 | – | 30,747 | – | 0.62% | – |
| SRV | New | CUSHING MLP & INFRASTRUCTURE | $351,000 | – | 22,645 | – | 0.48% | – |
| PPR | New | VOYA PRIME RATE TRUSTsh ben int | $296,000 | – | 67,060 | – | 0.40% | – |
| EVF | Sell | EATON VANCE SENIOR INCOME TRsh ben int | $283,000 | -33.4% | 48,294 | -39.4% | 0.38% | -27.5% |
| AGNC | Sell | AGNC INVESTMENT CORP | $268,000 | -95.6% | 19,281 | -95.9% | 0.36% | -95.2% |
| SMM | Sell | SALIENT MIDSTREAM & MLP FUNDsh ben int | $224,000 | -26.8% | 63,865 | -13.9% | 0.30% | -20.4% |
| CHMI | Sell | CHERRY HILL MORTGAGE INVESTM | $205,000 | -38.4% | 22,802 | -38.2% | 0.28% | -33.0% |
| SBT | Buy | STERLING BANCORP INC/MI | $181,000 | -14.2% | 60,228 | +2.0% | 0.25% | -6.5% |
| EFF | New | EATON VANCE FLOATING-RATE IN | $169,000 | – | 12,028 | – | 0.23% | – |
| TPRE | Sell | THIRD POINT REINSURANCE LTD | $119,000 | -54.1% | 17,135 | -50.3% | 0.16% | -50.2% |
| NML | New | NB MLP & ENERGY INCOME | $83,000 | – | 35,000 | – | 0.11% | – |
| FGB | New | FIRST TRUST SPECIALTY FINANC | $46,000 | – | 20,000 | – | 0.06% | – |
| ARR | Exit | ARMOUR RESIDENTIAL REIT INC | $0 | – | -10,450 | – | -0.12% | – |
| MCC | Exit | MEDLEY CAP CORP | $0 | – | -143,729 | – | -0.14% | – |
| EARN | Exit | ELLINGTON RESIDENTIAL MORTGA | $0 | – | -13,782 | – | -0.18% | – |
| CUK | Exit | CARNIVAL PLC-ADRadr | $0 | – | -11,500 | – | -0.18% | – |
| C | Exit | CITIGROUP INC | $0 | – | -4,500 | – | -0.29% | – |
| TLI | Exit | WESTERN ASSET CORPORATE LOAN | $0 | – | -27,589 | – | -0.29% | – |
| DX | Exit | DYNEX CAPITAL INC | $0 | – | -22,833 | – | -0.41% | – |
| PHD | Exit | PIONEER FLOATING RATE TRUST | $0 | – | -53,835 | – | -0.64% | – |
| Exit | WESTERN ASSET MTGE CAPnote 6.750%10/0 | $0 | – | -2,745,000 | – | -2.43% | – | |
| FSKR | Exit | FS KKR CAPITAL CORP II | $0 | – | -210,662 | – | -3.39% | – |
| GBDC | Exit | GOLUB CAPITAL BDC INC | $0 | – | -271,387 | – | -3.94% | – |
| HIO | Exit | WESTERN ASSET HI INC OPPORT | $0 | – | -822,340 | – | -4.74% | – |
| BWG | Exit | BRANDYWINEGLOBAL GLOBAL INCO | $0 | – | -457,424 | – | -6.58% | – |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| New | MFA FINANCIAL INCnote 6.250% 6/1 | $6,652,000 | – | 7,500,000 | – | 8.30% | – | |
| NYMT | New | NEW YORK MORTGAGE TRUST INC | $6,097,000 | – | 2,335,962 | – | 7.61% | – |
| AGNC | New | AGNC INVESTMENT CORP | $6,066,000 | – | 470,196 | – | 7.57% | – |
| AJX | New | GREAT AJAX CORP | $5,758,000 | – | 625,920 | – | 7.18% | – |
| BWG | New | BRANDYWINEGLOBAL GLOBAL INCO | $5,279,000 | – | 457,424 | – | 6.58% | – |
| HFRO | New | HIGHLAND INCOME FUND | $4,901,000 | – | 608,796 | – | 6.11% | – |
| SFE | New | SAFEGUARD SCIENTIFICS INC | $4,499,000 | – | 642,753 | – | 5.61% | – |
| HIO | New | WESTERN ASSET HI INC OPPORT | $3,799,000 | – | 822,340 | – | 4.74% | – |
| MVC | New | MVC CAPITAL INC | $3,287,000 | – | 503,444 | – | 4.10% | – |
| MTG | New | MGIC INVESTMENT CORP | $3,171,000 | – | 387,206 | – | 3.96% | – |
| GBDC | New | GOLUB CAPITAL BDC INC | $3,162,000 | – | 271,387 | – | 3.94% | – |
| MMAC | New | MMA CAPITAL HOLDINGS INC | $2,969,000 | – | 128,419 | – | 3.70% | – |
| AGRO | New | ADECOAGRO SA | $2,950,000 | – | 679,726 | – | 3.68% | – |
| CMO | New | CAPSTEAD MORTGAGE CORP | $2,784,000 | – | 507,146 | – | 3.47% | – |
| FSKR | New | FS KKR CAPITAL CORP II | $2,715,000 | – | 210,662 | – | 3.39% | – |
| BRKA | New | BERKSHIRE HATHAWAY INC-CL Acl a | $2,138,000 | – | 8 | – | 2.67% | – |
| VCIF | New | VERTICAL CAPITAL INCOME | $2,075,000 | – | 214,351 | – | 2.59% | – |
| New | WESTERN ASSET MTGE CAPnote 6.750%10/0 | $1,945,000 | – | 2,745,000 | – | 2.43% | – | |
| SZC | New | CUSHING NEXTGEN INFRA INC | $1,199,000 | – | 39,161 | – | 1.50% | – |
| TRMT | New | TREMONT MORTGAGE TRUST | $827,000 | – | 268,595 | – | 1.03% | – |
| HCFT | New | HUNT COMPANIES FINANCE TRUST | $820,000 | – | 309,271 | – | 1.02% | – |
| NICK | New | NICHOLAS FINANCIAL INC | $699,000 | – | 94,503 | – | 0.87% | – |
| PHD | New | PIONEER FLOATING RATE TRUST | $512,000 | – | 53,835 | – | 0.64% | – |
| MFA | New | MFA FINANCIAL INC | $483,000 | – | 193,891 | – | 0.60% | – |
| WTRE | New | WATFORD HOLDINGS LTD | $450,000 | – | 26,934 | – | 0.56% | – |
| NDP | New | TORTOISE ENERGY INDEPENDENCE | $439,000 | – | 37,698 | – | 0.55% | – |
| EVF | New | EATON VANCE SENIOR INCOME TRsh ben int | $425,000 | – | 79,687 | – | 0.53% | – |
| OCSL | New | OAKTREE SPECIALTY LENDING CO | $365,000 | – | 81,566 | – | 0.46% | – |
| ANH | New | ANWORTH MORTGAGE ASSET CORP | $360,000 | – | 211,745 | – | 0.45% | – |
| CHMI | New | CHERRY HILL MORTGAGE INVESTM | $333,000 | – | 36,904 | – | 0.42% | – |
| DX | New | DYNEX CAPITAL INC | $327,000 | – | 22,833 | – | 0.41% | – |
| SMM | New | SALIENT MIDSTREAM & MLP FUNDsh ben int | $306,000 | – | 74,165 | – | 0.38% | – |
| EHI | New | WESTERN ASSET GLOBAL HIGH IN | $266,000 | – | 28,709 | – | 0.33% | – |
| TPRE | New | THIRD POINT REINSURANCE LTD | $259,000 | – | 34,500 | – | 0.32% | – |
| EFC | New | ELLINGTON FINANCIAL INC | $239,000 | – | 20,281 | – | 0.30% | – |
| New | GARRISON CAPITAL INC | $238,000 | – | 70,513 | – | 0.30% | – | |
| TLI | New | WESTERN ASSET CORPORATE LOAN | $236,000 | – | 27,589 | – | 0.29% | – |
| C | New | CITIGROUP INC | $230,000 | – | 4,500 | – | 0.29% | – |
| SBT | New | STERLING BANCORP INC/MI | $211,000 | – | 59,028 | – | 0.26% | – |
| CUK | New | CARNIVAL PLC-ADRadr | $145,000 | – | 11,500 | – | 0.18% | – |
| EARN | New | ELLINGTON RESIDENTIAL MORTGA | $142,000 | – | 13,782 | – | 0.18% | – |
| MCC | New | MEDLEY CAP CORP | $110,000 | – | 143,729 | – | 0.14% | – |
| ARR | New | ARMOUR RESIDENTIAL REIT INC | $98,000 | – | 10,450 | – | 0.12% | – |
| KMF | New | KAYNE ANDERSON MIDSTREAM/ENE | $82,000 | – | 18,000 | – | 0.10% | – |
| EQS | New | EQUUS TOTAL RETURN INC | $63,000 | – | 54,210 | – | 0.08% | – |
| TWO | New | TWO HARBORS INVESTMENT CORP | $50,000 | – | 10,000 | – | 0.06% | – |
Q4 2019
Q3 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ARR | New | ARMOUR Residential REIT Inc | $12,876,000 | – | 768,743 | – | 13.77% | – |
| AJX | Sell | Great Ajax Corp | $7,939,000 | +1.5% | 512,221 | -8.4% | 8.49% | +4.5% |
| SFE | Sell | Safeguard Scientifics Inc | $7,249,000 | -6.6% | 639,275 | -0.5% | 7.75% | -3.7% |
| FSK | Sell | FS KKR Capital Corp | $6,426,000 | -36.9% | 1,102,180 | -35.5% | 6.87% | -35.0% |
| MVC | Buy | MVC Capital Inc | $5,740,000 | +15.7% | 644,938 | +19.7% | 6.14% | +19.2% |
| DX | New | Dynex Capital Inc | $4,639,000 | – | 313,898 | – | 4.96% | – |
| AGRO | Buy | Adecoagro S A | $3,896,000 | -18.2% | 668,202 | +0.1% | 4.17% | -15.8% |
| HFRO | Sell | Highland Floating Rate Opport | $3,160,000 | -34.4% | 236,671 | -32.0% | 3.38% | -32.4% |
| EARN | Buy | Ellington Residential Mortgage | $2,942,000 | +29.8% | 279,157 | +32.5% | 3.15% | +33.7% |
| VCIF | New | Vertical Capital Income Fund | $2,768,000 | – | 259,136 | – | 2.96% | – |
| OCSL | Buy | Oaktree Specialty Lending Corp | $2,694,000 | +3444.7% | 520,094 | +3631.2% | 2.88% | +3546.8% |
| BFZ | Sell | BlackRock California Municipal Income Tsh ben int | $2,180,000 | -59.6% | 159,271 | -60.9% | 2.33% | -58.3% |
| BWG | Sell | BrandywineGbl Global Income Oprt | $2,095,000 | -31.2% | 173,134 | -33.3% | 2.24% | -29.1% |
| MTG | Buy | MGIC Investment Corp | $1,907,000 | +5.3% | 151,608 | +10.0% | 2.04% | +8.5% |
| FRA | New | BlackRock Floating Rate Income Strategies | $1,689,000 | – | 133,859 | – | 1.81% | – |
| BCRHF | New | Blue Capital Reinsurance Holdings Ltd | $1,655,000 | – | 224,580 | – | 1.77% | – |
| RESI | Buy | Front Yard Residential Corp | $1,527,000 | +190.9% | 132,089 | +207.6% | 1.63% | +199.6% |
| NNC | Sell | Nuveen North Carolina Quality M | $1,320,000 | -0.7% | 97,686 | -2.0% | 1.41% | +2.3% |
| HCFT | Sell | Hunt Cos Finance Trust Inc | $1,099,000 | -3.3% | 327,031 | -1.9% | 1.18% | -0.3% |
| FCT | Sell | First Trust Senior Floating Rate Income Fd | $983,000 | -24.7% | 81,917 | -24.4% | 1.05% | -22.4% |
| MNE | Sell | BlackRock Muni New York Inter Dur | $926,000 | -19.0% | 62,928 | -21.2% | 0.99% | -16.5% |
| VMM | Buy | Delaware Investments Minnesota Municipal Income Fund II Inc | $916,000 | +324.1% | 69,934 | +317.3% | 0.98% | +337.5% |
| EFF | Buy | Eaton Vance Floating-Rate Income Plus Fund | $700,000 | +175.6% | 46,046 | +171.4% | 0.75% | +183.7% |
| BGT | Buy | BlackRock Floating Rate Income Trustcl a | $586,000 | +63.7% | 47,721 | +65.7% | 0.63% | +68.5% |
| ABDC | New | Alcentra Capital Corp | $556,000 | – | 62,530 | – | 0.60% | – |
| CHMI | New | Cherry Hill Mortgage Investmen | $485,000 | – | 37,050 | – | 0.52% | – |
| HGLB | New | Highland Global Allocation Fun | $437,000 | – | 42,632 | – | 0.47% | – |
| MXE | Buy | Mexico Equity & Income Fund In | $401,000 | -4.3% | 38,122 | +1.1% | 0.43% | -1.4% |
| OHAI | Buy | OHA Investment Corp | $342,000 | +29.1% | 263,394 | +9.0% | 0.37% | +33.1% |
| DSU | Sell | BlackRock Debt Strategies Fund Inc | $333,000 | -79.9% | 30,964 | -79.9% | 0.36% | -79.3% |
| TLI | Sell | Western Asset Corporate Loan F | $172,000 | -88.4% | 18,086 | -88.3% | 0.18% | -88.0% |
| ANH | Sell | Anworth Mortgage Asset Corporation | $70,000 | -95.9% | 21,323 | -95.2% | 0.08% | -95.7% |
| FAX | Exit | Aberdeen Asia-Pacific Income | $0 | – | -12,145 | – | -0.05% | – |
| PPR | Exit | Voya Prime Rate Trustsh ben int | $0 | – | -15,708 | – | -0.08% | – |
| WMC | Exit | Western Asset Mortgage Capital | $0 | – | -21,106 | – | -0.22% | – |
| AEF | Exit | Aberdeen Emerging Markets Equity Income | $0 | – | -45,037 | – | -0.34% | – |
| FT | Exit | Franklin Universal Trust | $0 | – | -58,827 | – | -0.45% | – |
| GLRE | Exit | Greenlight Capital Re Ltdclass a | $0 | – | -55,000 | – | -0.48% | – |
| CEV | Exit | Eaton Vance California Municipal Income Tsh ben int | $0 | – | -55,618 | – | -0.72% | – |
| PHD | Exit | Pioneer Floating Rate Trust | $0 | – | -64,962 | – | -0.72% | – |
| GAM | Exit | General American Investors Co | $0 | – | -22,008 | – | -0.81% | – |
| NIQ | Exit | Nuveen Inter Duration Qual Mun TRM | $0 | – | -70,824 | – | -0.98% | – |
| EFC | Exit | Ellington Financial Inc | $0 | – | -53,957 | – | -1.01% | – |
| NUM | Exit | Nuveen Michigan Quality Mun Inc | $0 | – | -86,668 | – | -1.22% | – |
| MBB | Exit | iShares MBS ETF | $0 | – | -13,300 | – | -1.48% | – |
| RC | Exit | Ready Capital Corp | $0 | – | -177,470 | – | -2.74% | – |
| MUC | Exit | BlackRock MuniHoldings California Ql | $0 | – | -255,934 | – | -3.63% | – |
| TWO | Exit | Two Harbors Investment Corp | $0 | – | -333,252 | – | -4.38% | – |