0001752724-23-010037.txt : 20230124
0001752724-23-010037.hdr.sgml : 20230124
20230124171816
ACCESSION NUMBER: 0001752724-23-010037
CONFORMED SUBMISSION TYPE: NPORT-P
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221130
FILED AS OF DATE: 20230124
DATE AS OF CHANGE: 20230124
PERIOD START: 20221130
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: FLAHERTY & CRUMRINE PREFERRED & INCOME FUND INC
CENTRAL INDEX KEY: 0000868578
IRS NUMBER: 954305694
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1130
FILING VALUES:
FORM TYPE: NPORT-P
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-06179
FILM NUMBER: 23549022
BUSINESS ADDRESS:
STREET 1: 301 E COLORADO BLVD STE 800
STREET 2: C/O FLAHERTY & CRUMRINE INC
CITY: PASADENA
STATE: CA
ZIP: 91101
BUSINESS PHONE: (626) 795-7300
MAIL ADDRESS:
STREET 1: 301 E COLORADO BLVD STE 800
STREET 2: C/O FLAHERTY & CRUMRINE INC
CITY: PASADENA
STATE: CA
ZIP: 91101
FORMER COMPANY:
FORMER CONFORMED NAME: FLAHERTY & CRUMRINE PREFERRED INCOME FUND INC
DATE OF NAME CHANGE: 20050708
FORMER COMPANY:
FORMER CONFORMED NAME: PREFERRED INCOME FUND INC
DATE OF NAME CHANGE: 19920703
NPORT-P
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Flaherty & Crumrine Preferred & Income Fund Inc
811-06179
0000868578
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301 East Colorado Boulevard
Suite 800
Pasadena
91101
626-795-7300
Flaherty & Crumrine Preferred and Income Fund Incorporated
254900LXRIT34GQY5I69
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2022-11-30
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RenaissanceRe Holdings Ltd
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EP
CORP
BM
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N
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GENERAL MOTORS FINL CO
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General Motors Financial Co Inc
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PA
USD
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DBT
CORP
US
N
2
N/A
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ARBOR REALTY TRUST INC
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Arbor Realty Trust Inc
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EP
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CREDIT SUISSE GROUP AG
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Credit Suisse Group AG
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USD
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CORP
CH
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ALLY FINANCIAL INC
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Ally Financial Inc
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USD
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CORP
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2
N/A
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USD
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Enstar Finance LLC
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USD
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US
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2040-09-01
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BANK OF AMERICA CORP
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Bank of America Corp
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USD
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DBT
CORP
US
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2
N/A
Fixed
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N
N
N
N
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CITIGROUP INC
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Citigroup Inc
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450000.00000000
PA
USD
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DBT
CORP
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2
N/A
Fixed
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HUNTINGTON BANCSHARES
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Huntington Bancshares Inc/OH
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875000.00000000
PA
USD
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DBT
CORP
US
N
2
N/A
Fixed
5.62500000
N
N
N
N
N
N
HSBC HOLDINGS PLC
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HSBC Holdings PLC
404280BP3
3710000.00000000
PA
USD
3298449.70000000
2.249967142833
Long
DBT
CORP
GB
N
2
N/A
Fixed
6.50000000
N
N
N
N
N
N
COMED FINANCING III
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ComEd Financing III
20035AAA2
3127000.00000000
PA
USD
3260050.25000000
2.223773776658
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DBT
CORP
US
N
2
2033-03-15
Fixed
6.35000000
N
N
N
N
N
N
MORGAN STANLEY
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Morgan Stanley
61745VAB9
476000.00000000
PA
USD
465013.22000000
0.317198854353
Long
DBT
CORP
US
N
2
N/A
Fixed
5.30000000
N
N
N
N
N
N
BNP PARIBAS
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BNP Paribas SA
05565ASK0
350000.00000000
PA
USD
266875.00000000
0.182043091711
Long
DBT
CORP
FR
N
2
N/A
Fixed
4.62500000
N
N
N
N
N
N
FIRST CITIZENS BANCSHARE
549300N3Z00ZHE2XC526
First Citizens BancShares Inc/NC
319626305
104600.00000000
NS
USD
2090954.00000000
1.426299693815
Long
EP
CORP
US
N
1
N
N
N
PNC FINANCIAL SERVICES
CFGNEKW0P8842LEUIA51
PNC Financial Services Group Inc/The
693475BC8
310000.00000000
PA
USD
239321.03000000
0.163247738502
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DBT
CORP
US
N
2
N/A
Fixed
3.40000000
N
N
N
N
N
N
AMER AGCREDIT ACA
0002558989
American AgCredit Corp
02369GAA3
500000.00000000
PA
USD
426875.00000000
0.291183680653
Long
DBT
CORP
US
N
2
N/A
Fixed
5.25000000
N
N
N
N
N
N
LLOYDS BANKING GROUP PLC
549300PPXHEU2JF0AM85
Lloyds Banking Group PLC
539439AU3
200000.00000000
PA
USD
192593.00000000
0.131373209038
Long
DBT
CORP
GB
N
2
N/A
Fixed
7.50000000
N
N
N
N
N
N
ENBRIDGE INC
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Enbridge Inc
29250NAN5
1120000.00000000
PA
USD
1025404.43000000
0.699457771211
Long
DBT
CORP
CA
N
2
2077-01-15
Fixed
6.00000000
N
N
N
N
N
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APOLLO MANAGEMENT HOLDIN
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Apollo Management Holdings LP
03765HAE1
325000.00000000
PA
USD
275600.95000000
0.187995312474
Long
DBT
CORP
US
N
2
2050-01-14
Fixed
4.95000000
N
N
N
N
N
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GENERAL MOTORS FINL CO
5493008B6JBRUJ90QL97
General Motors Financial Co Inc
37045XCM6
775000.00000000
PA
USD
673956.12000000
0.459724799111
Long
DBT
CORP
US
N
2
N/A
Fixed
6.50000000
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N
N
N
N
N
BANCO BILBAO VIZCAYA ARG
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Banco Bilbao Vizcaya Argentaria SA
05946KAF8
2400000.00000000
PA
USD
1987991.64000000
1.356066115007
Long
DBT
CORP
ES
N
2
N/A
Fixed
6.12500000
N
N
N
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
949746556
59490.00000000
NS
USD
1381357.80000000
0.942263773947
Long
EP
CORP
US
N
1
N
N
N
SYNCHRONY FINANCIAL
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Synchrony Financial
87165B202
41500.00000000
NS
USD
769825.00000000
0.525119711763
Long
EP
CORP
US
N
1
N
N
N
HUNTINGTON BANCSHARES
549300XTVCVV9I7B5T19
Huntington Bancshares Inc/OH
446150AL8
1000000.00000000
PA
USD
927500.00000000
0.632674351522
Long
DBT
CORP
US
N
2
N/A
Fixed
5.70000000
N
N
N
N
N
N
NATIONAL RURAL UTIL COOP
4NYF266XZC35SCTGX023
National Rural Utilities Cooperative Finance Corp
637432105
5094.00000000
NS
USD
120320.28000000
0.082073913880
Long
EP
CORP
US
N
1
N
N
N
QBE INSURANCE GROUP LTD
549300D2FBW76FPUSG65
QBE Insurance Group Ltd
74737EAA2
4043000.00000000
PA
USD
4037946.25000000
2.754398949005
Long
DBT
CORP
AU
N
2
2043-11-24
Fixed
7.50000000
N
N
N
N
N
N
STANDARD CHARTERED PLC
U4LOSYZ7YG4W3S5F2G91
Standard Chartered PLC
853254BX7
350000.00000000
PA
USD
254482.65000000
0.173589914353
Long
DBT
CORP
GB
N
2
N/A
Fixed
4.75000000
N
N
N
N
N
N
SYNOVUS FINANCIAL CORP
549300EIUS8UN5JTLE54
Synovus Financial Corp
87161C709
67827.00000000
NS
USD
1634630.70000000
1.115028483128
Long
EP
CORP
US
N
1
N
N
N
FIFTH THIRD BANCORP
THRNG6BD57P9QWTQLG42
Fifth Third Bancorp
316773605
164935.00000000
NS
USD
4232232.10000000
2.886926899581
Long
EP
CORP
US
N
1
N
N
N
COBANK ACB
P0J8I7M2E0A77CKF1705
CoBank ACB
19075Q862
10000.00000000
NS
USD
990000.00000000
0.675307394078
Long
EP
USGA
US
N
2
N
N
N
STANDARD CHARTERED PLC
U4LOSYZ7YG4W3S5F2G91
Standard Chartered PLC
853254CM0
1920000.00000000
PA
USD
1832043.61000000
1.249689491016
Long
DBT
CORP
GB
N
2
N/A
Fixed
7.75000000
N
N
N
N
N
N
BALTA GROUP NV
N/A
LEHMAN BROS HLDG-ESCROW
000000000
25000.00000000
NS
USD
0.00000000
0.000000
Long
EP
CORP
US
N
N/A
N
N
N
COMPEER FINANCIAL ACA
54930020HTACTODKHT04
Compeer Financial ACA
20453QAA0
250000.00000000
PA
USD
221562.70000000
0.151134272284
Long
DBT
CORP
US
N
2
N/A
Fixed
4.87500000
N
N
N
N
N
N
DIME COMMUNITY BANCSHARE
0002487650
Dime Community Bancshares Inc
25432X201
29000.00000000
NS
USD
604360.00000000
0.412251289580
Long
EP
CORP
US
N
1
N
N
N
AXIS CAPITAL HLDGS LTD
N/A
Axis Capital Holdings Ltd
05461T305
17500.00000000
NS
USD
369600.00000000
0.252114760455
Long
EP
CORP
BM
N
1
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
949746804
241.00000000
NS
USD
286823.74000000
0.195650699413
Long
EP
CORP
US
N
1
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
95002Y400
40000.00000000
NS
USD
679200.00000000
0.463301800058
Long
EP
CORP
US
N
1
N
N
N
EDISON INTERNATIONAL
549300I7ROF15MAEVP56
Edison International
281020AS6
420000.00000000
PA
USD
357835.80000000
0.244090062228
Long
DBT
CORP
US
N
2
N/A
Fixed
5.37500000
N
N
N
N
N
N
NISOURCE INC
549300D8GOWWH0SJB189
NiSource Inc
65473PAG0
325000.00000000
PA
USD
303875.00000000
0.207281852904
Long
DBT
CORP
US
N
2
N/A
Fixed
5.65000000
N
N
N
N
N
N
REGIONS FINANCIAL CORP
CW05CS5KW59QTC0DG824
Regions Financial Corp
7591EP704
117980.00000000
NS
USD
2730057.20000000
1.862250316582
Long
EP
CORP
US
N
1
N
N
N
BARCLAYS PLC
213800LBQA1Y9L22JB70
Barclays PLC
06738EBX2
385000.00000000
PA
USD
363825.00000000
0.248175467323
Long
DBT
CORP
GB
N
2
N/A
Fixed
8.00000000
N
N
N
N
N
N
LEHMAN BROS HLDG-ESCROW
N/A
LEHMAN BROS HLDG-ESCROW
000000000
19500.00000000
NS
USD
0.00000000
0.000000
Long
EP
CORP
US
N
N/A
N
N
N
METLIFE INC
C4BXATY60WC6XEOZDX54
MetLife Inc
59156RAV0
3096000.00000000
PA
USD
4094676.72000000
2.793096429672
Long
DBT
CORP
US
N
2
2039-08-01
Fixed
10.75000000
N
N
N
N
N
N
NEW YORK MORTGAGE TRUST
549300JFGR0M7ULHWG48
New York Mortgage Trust Inc
649604865
23000.00000000
NS
USD
424350.00000000
0.289461305734
Long
EP
CORP
US
N
1
N
N
N
LEHMAN BROS HLDG-ESCROW
N/A
LEHMAN BROS HLDG-ESCROW
000000000
15000.00000000
NS
USD
0.00000000
0.000000
Long
EP
CORP
US
N
N/A
N
N
N
WEBSTER FINANCIAL CORP
KMRURHT0VWKYS6Z5KU67
Webster Financial Corp
947890703
8494.00000000
NS
USD
209377.10000000
0.142822125030
Long
EP
CORP
US
N
1
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
94988U128
30000.00000000
NS
USD
558300.00000000
0.380832442539
Long
EP
CORP
US
N
1
N
N
N
HUNTINGTON BANCSHARES
549300XTVCVV9I7B5T19
Huntington Bancshares Inc/OH
446150AV6
300000.00000000
PA
USD
266266.97000000
0.181628337009
Long
DBT
CORP
US
N
2
N/A
Fixed
4.45000000
N
N
N
N
N
N
WINTRUST FINANCIAL CORP
Q774KI4AW80FHFW33O61
Wintrust Financial Corp
97650W504
35500.00000000
NS
USD
894600.00000000
0.610232317921
Long
EP
CORP
US
N
1
N
N
N
STIFEL FINANCIAL CORP
549300E5F07FE5GHJX84
Stifel Financial Corp
860630706
21500.00000000
NS
USD
540725.00000000
0.368844030972
Long
EP
CORP
US
N
1
N
N
N
MPLX LP
5493000CZJ19CK4P3G36
MPLX LP
55336VAU4
1590000.00000000
PA
USD
1579156.20000000
1.077187735620
Long
DBT
CORP
US
N
2
N/A
Fixed
6.87500000
N
N
N
N
N
N
UBS GROUP AG
549300SZJ9VS8SGXAN81
UBS Group AG
902613AD0
500000.00000000
PA
USD
371875.00000000
0.253666603204
Long
DBT
CORP
CH
N
2
N/A
Fixed
4.37500000
N
N
N
N
N
N
BANK OF AMERICA CORP
9DJT3UXIJIZJI4WXO774
Bank of America Corp
060505EU4
400000.00000000
PA
USD
398400.00000000
0.271760066465
Long
DBT
CORP
US
N
2
N/A
Fixed
6.30000000
N
N
N
N
N
N
KEYCORP
RKPI3RZGV1V1FJTH5T61
KeyCorp
493267843
29000.00000000
NS
USD
719490.00000000
0.490784764611
Long
EP
CORP
US
N
1
N
N
N
TPG RE FINANCE TRUST INC
N/A
TPG RE Finance Trust Inc
87266M206
21700.00000000
NS
USD
360000.83000000
0.245566891286
Long
EP
CORP
US
N
1
N
N
N
ENERGY TRANSFER LP
MTLVN9N7JE8MIBIJ1H73
Energy Transfer LP
29273RBC2
1680000.00000000
PA
USD
1912813.22000000
1.304784758542
Long
DBT
CORP
US
N
2
2029-11-15
Fixed
8.25000000
N
N
N
N
N
N
AXA SA
F5WCUMTUM4RKZ1MAIE39
AXA SA
054536AC1
1423000.00000000
PA
USD
1383634.07000000
0.943816482999
Long
DBT
CORP
FR
N
2
N/A
Fixed
6.37900000
N
N
N
N
N
N
BANK OF AMERICA CORP
9DJT3UXIJIZJI4WXO774
Bank of America Corp
060505FL3
3180000.00000000
PA
USD
2842125.00000000
1.938694977166
Long
DBT
CORP
US
N
2
N/A
Fixed
5.87500000
N
N
N
N
N
N
VALLEY NATIONAL BANCORP
549300ET52S1UBIB9762
Valley National Bancorp
919794305
29400.00000000
NS
USD
752052.00000000
0.512996238718
Long
EP
CORP
US
N
1
N
N
N
CITIZENS FINANCIAL GROUP
2138004JDDA4ZQUPFW65
Citizens Financial Group Inc
174610204
34300.00000000
NS
USD
865389.00000000
0.590306657024
Long
EP
CORP
US
N
1
N
N
N
PNC FINANCIAL SERVICES
CFGNEKW0P8842LEUIA51
PNC Financial Services Group Inc/The
693475BF1
605000.00000000
PA
USD
585337.50000000
0.399275496748
Long
DBT
CORP
US
N
2
N/A
Fixed
6.20000000
N
N
N
N
N
N
SVB FINANCIAL GROUP
549300D2KJ20JMXE7542
SVB Financial Group
78486QAJ0
600000.00000000
PA
USD
393390.00000000
0.268342601774
Long
DBT
CORP
US
N
2
N/A
Fixed
4.00000000
N
N
N
N
N
N
EVEREST REINSURANCE HLDG
N/A
Everest Reinsurance Holdings Inc
299808AE5
885000.00000000
PA
USD
755350.22000000
0.515246049176
Long
DBT
CORP
US
N
2
2037-05-15
Floating
6.99114000
N
N
N
N
N
N
ARCH CAPITAL GROUP LTD
549300AYR4P8AFKDCE43
Arch Capital Group Ltd
03939A107
10500.00000000
NS
USD
233100.00000000
0.159004195514
Long
EP
CORP
BM
N
1
N
N
N
ENERGY TRANSFER LP
MTLVN9N7JE8MIBIJ1H73
Energy Transfer LP
29273V506
1500.00000000
NS
USD
34920.00000000
0.023819933536
Long
EP
CORP
US
N
1
N
N
N
FULTON FINANCIAL CORP
5493005QLZ6O1BNC0C11
Fulton Financial Corp
360271308
8300.00000000
NS
USD
171312.00000000
0.116856828580
Long
EP
CORP
US
N
1
N
N
N
ENSTAR GROUP LTD
213800AMAL5QFXVUCN04
Enstar Group Ltd
29359U109
45000.00000000
NS
USD
1041300.00000000
0.710300595407
Long
EP
CORP
BM
N
1
N
N
N
METLIFE INC
C4BXATY60WC6XEOZDX54
MetLife Inc
59156RBS6
3600000.00000000
PA
USD
4176362.23000000
2.848816458856
Long
DBT
CORP
US
N
2
2038-04-08
Fixed
9.25000000
N
N
N
N
N
N
CARLYLE FINANCE LLC
N/A
Carlyle Finance LLC
14314C105
11500.00000000
NS
USD
193660.00000000
0.132101040340
Long
EP
CORP
US
N
1
N
N
N
DISCOVER FINANCIAL SVS
Z1YLO2USPORE63VVUL20
Discover Financial Services
254709AQ1
650000.00000000
PA
USD
636350.00000000
0.434072586082
Long
DBT
CORP
US
N
2
N/A
Fixed
6.12500000
N
N
N
N
N
N
TEXAS CAPITAL BANCSHARES
549300466Q2SXRX0YM48
Texas Capital Bancshares Inc
88224Q305
60200.00000000
NS
USD
1237110.00000000
0.843868212412
Long
EP
CORP
US
N
1
N
N
N
BARCLAYS PLC
213800LBQA1Y9L22JB70
Barclays PLC
06738EBA2
590000.00000000
PA
USD
567875.00000000
0.387363824658
Long
DBT
CORP
GB
N
2
N/A
Fixed
7.75000000
N
N
N
N
N
N
AXIS SPECIALTY FINANCE
N/A
AXIS Specialty Finance LLC
05463HAC5
655000.00000000
PA
USD
538364.15000000
0.367233627476
Long
DBT
CORP
US
N
2
2040-01-15
Fixed
4.90000000
N
N
N
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
949746RN3
2075000.00000000
PA
USD
2036405.00000000
1.389090256401
Long
DBT
CORP
US
N
2
N/A
Fixed
5.87500000
N
N
N
N
N
N
BANCO MERCANTIL DE NORTE
549300QTVYRPFHS0J362
Banco Mercantil del Norte SA/Grand Cayman
05973KAB3
600000.00000000
PA
USD
485700.00000000
0.331309900306
Long
DBT
CORP
MX
N
2
N/A
Fixed
6.62500000
N
N
N
N
N
N
ATHENE HOLDING LTD
549300H316CT32FQXI76
Athene Holding Ltd
04686J408
21200.00000000
NS
USD
390292.00000000
0.266229367120
Long
EP
CORP
BM
N
1
N
N
N
BARCLAYS PLC
213800LBQA1Y9L22JB70
Barclays PLC
06738EBT1
350000.00000000
PA
USD
258087.34000000
0.176048776787
Long
DBT
CORP
GB
N
2
N/A
Fixed
4.37500000
N
N
N
N
N
N
ENBRIDGE INC
98TPTUM4IVMFCZBCUR27
Enbridge Inc
29250NBC8
292000.00000000
PA
USD
260382.35000000
0.177614268931
Long
DBT
CORP
CA
N
2
2080-07-15
Fixed
5.75000000
N
N
N
N
N
N
SOCIETE GENERALE
O2RNE8IBXP4R0TD8PU41
Societe Generale SA
83370RAA6
750000.00000000
PA
USD
590700.00000000
0.402933411800
Long
DBT
CORP
FR
N
2
N/A
Fixed
5.37500000
N
N
N
N
N
N
SBL HOLDINGS INC
N/A
SBL Holdings Inc
78397DAA6
975000.00000000
PA
USD
800984.04000000
0.546374186616
Long
DBT
CORP
US
N
2
N/A
Fixed
7.00000000
N
N
N
N
N
N
CAPITAL ONE FINANCIAL CO
ZUE8T73ROZOF6FLBAR73
Capital One Financial Corp
14040HCF0
880000.00000000
PA
USD
679800.00000000
0.463711077267
Long
DBT
CORP
US
N
2
N/A
Fixed
3.95000000
N
N
N
N
N
N
QWEST CORP
549300R2L4N683OO1509
Qwest Corp
74913G881
22170.00000000
NS
USD
419456.40000000
0.286123240821
Long
EP
CORP
US
N
1
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
Citigroup Inc
172967NB3
350000.00000000
PA
USD
283500.00000000
0.193383481031
Long
DBT
CORP
US
N
2
N/A
Fixed
4.15000000
N
N
N
N
N
N
NUSTAR LOGISTICS LP
N62BF2PKP51FIIOIUN20
NuStar Logistics LP
67059T204
33700.00000000
NS
USD
847218.00000000
0.577911696763
Long
EP
CORP
US
N
1
N
N
N
ATHENE HOLDING LTD
549300H316CT32FQXI76
Athene Holding Ltd
04686J309
17200.00000000
NS
USD
431548.00000000
0.294371267979
Long
EP
CORP
BM
N
1
N
N
N
ENERGY TRANSFER LP
MTLVN9N7JE8MIBIJ1H73
Energy Transfer LP
29273VAM2
990000.00000000
PA
USD
834075.00000000
0.568946479510
Long
DBT
CORP
US
N
2
N/A
Fixed
7.12500000
N
N
N
N
N
N
UBS GROUP AG
549300SZJ9VS8SGXAN81
UBS Group AG
902613AJ7
2700000.00000000
PA
USD
2275383.10000000
1.552104072515
Long
DBT
CORP
CH
N
2
N/A
Fixed
4.87500000
N
N
N
N
N
N
SVB FINANCIAL GROUP
549300D2KJ20JMXE7542
SVB Financial Group
78486QAG6
300000.00000000
PA
USD
172321.82000000
0.117545655764
Long
DBT
CORP
US
N
2
N/A
Fixed
4.10000000
N
N
N
N
N
N
CITIZENS FINANCIAL GROUP
2138004JDDA4ZQUPFW65
Citizens Financial Group Inc
174610AQ8
1000000.00000000
PA
USD
927500.00000000
0.632674351522
Long
DBT
CORP
US
N
2
N/A
Fixed
6.37500000
N
N
N
N
N
N
M&T BANK CORPORATION
549300WYXDDBYRASEG81
M&T Bank Corp
55261F872
17600.00000000
NS
USD
402864.00000000
0.274805088896
Long
EP
CORP
US
N
1
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
949746TD3
700000.00000000
PA
USD
610312.50000000
0.416311660553
Long
DBT
CORP
US
N
2
N/A
Fixed
3.90000000
N
N
N
N
N
N
M&T BANK CORPORATION
549300WYXDDBYRASEG81
M&T Bank Corp
55261FAG9
2790000.00000000
PA
USD
2746545.75000000
1.873497629443
Long
DBT
CORP
US
N
2
N/A
Fixed
6.45000000
N
N
N
N
N
N
ARBOR REALTY TRUST INC
549300ASFUWYQO0RW077
Arbor Realty Trust Inc
038923850
56664.00000000
NS
USD
1127613.60000000
0.769177577518
Long
EP
CORP
US
N
1
N
N
N
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
BNP Paribas SA
05565AGF4
420000.00000000
PA
USD
389303.49000000
0.265555076098
Long
DBT
CORP
FR
N
2
N/A
Fixed
7.00000000
N
N
N
N
N
N
CREDIT AGRICOLE SA
969500TJ5KRTCJQWXH05
Credit Agricole SA
225313AP0
370000.00000000
PA
USD
290812.10000000
0.198371274159
Long
DBT
CORP
FR
N
2
N/A
Fixed
4.75000000
N
N
N
N
N
N
LINCOLN NATIONAL CORP
EFQMQROEDSNBRIP7LE47
Lincoln National Corp
534187885
16900.00000000
NS
USD
447343.00000000
0.305145490494
Long
EP
CORP
US
N
1
N
N
N
NISOURCE INC
549300D8GOWWH0SJB189
NiSource Inc
65473P881
30000.00000000
NS
USD
735600.00000000
0.501773857660
Long
EP
CORP
US
N
1
N
N
N
VODAFONE GROUP PLC
213800TB53ELEUKM7Q61
Vodafone Group PLC
92857WBQ2
700000.00000000
PA
USD
698236.00000000
0.476286801627
Long
DBT
CORP
GB
N
2
2079-04-04
Fixed
7.00000000
N
N
N
N
N
N
SCE TRUST V
N/A
SCE Trust V
78409W201
32270.00000000
NS
USD
637332.50000000
0.434742777511
Long
EP
CORP
US
N
1
N
N
N
DELPHI FINANCIAL GROUP
5493001NGT0EEYMZG011
Delphi Financial Group Inc
247131303
139279.00000000
NS
USD
3081547.88000000
2.102012190474
Long
EP
CORP
US
N
2
N
N
N
HEARTLAND FINANCIAL USA
549300QF7B0DFZT32C73
Heartland Financial USA Inc
42234Q201
31600.00000000
NS
USD
838032.00000000
0.571645662701
Long
EP
CORP
US
N
1
N
N
N
SOUTHERN CO
549300FC3G3YU2FBZD92
Southern Co/The
842587DJ3
700000.00000000
PA
USD
563255.00000000
0.384212390153
Long
DBT
CORP
US
N
2
2051-09-15
Fixed
3.75000000
N
N
N
N
N
N
BARCLAYS PLC
213800LBQA1Y9L22JB70
Barclays PLC
06738EBG9
1600000.00000000
PA
USD
1544000.00000000
1.053206683289
Long
DBT
CORP
GB
N
2
N/A
Fixed
8.00000000
N
N
N
N
N
N
MORGAN STANLEY
IGJSJL3JD5P30I6NJZ34
Morgan Stanley
61762V200
58216.00000000
NS
USD
1486836.64000000
1.014213915937
Long
EP
CORP
US
N
1
N
N
N
AERCAP HOLDINGS NV
549300SZYINBBLJQU475
AerCap Holdings NV
00774YAA7
1380000.00000000
PA
USD
1280971.20000000
0.873787194910
Long
DBT
CORP
NL
N
2
2079-10-10
Fixed
5.87500000
N
N
N
N
N
N
DOMINION ENERGY INC
ILUL7B6Z54MRYCF6H308
Dominion Energy Inc
25746UDM8
565000.00000000
PA
USD
476012.50000000
0.324701778710
Long
DBT
CORP
US
N
2
N/A
Fixed
4.35000000
N
N
N
N
N
N
REGIONS FINANCIAL CORP
CW05CS5KW59QTC0DG824
Regions Financial Corp
7591EPAR1
575000.00000000
PA
USD
558803.14000000
0.381175648763
Long
DBT
CORP
US
N
2
N/A
Fixed
5.75000000
N
N
N
N
N
N
MORGAN STANLEY
IGJSJL3JD5P30I6NJZ34
Morgan Stanley
61763E207
154665.00000000
NS
USD
3923851.05000000
2.676571340733
Long
EP
CORP
US
N
1
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
Citigroup Inc
172967358
119778.00000000
NS
USD
3035174.52000000
2.070379591589
Long
EP
CORP
US
N
1
N
N
N
NATWEST GROUP PLC
2138005O9XJIJN4JPN90
NatWest Group PLC
639057AD0
300000.00000000
PA
USD
211074.21000000
0.143979772436
Long
DBT
CORP
GB
N
2
N/A
Fixed
4.60000000
N
N
N
N
N
N
UNIVERSAL INSURANCE HLDS
529900GGAZ6WVUCWQM46
Universal Insurance Holdings Inc
91359VAC1
375000.00000000
PA
USD
331199.67000000
0.225920794007
Long
DBT
CORP
US
N
2
2026-11-30
Fixed
5.62500000
N
N
N
N
N
N
FIFTH THIRD BANCORP
THRNG6BD57P9QWTQLG42
Fifth Third Bancorp
316773886
51230.00000000
NS
USD
1186999.10000000
0.809686130297
Long
EP
CORP
US
N
1
N
N
N
KUVARE US HOLDINGS INC
254900MGBERNLZXF7O58
Kuvare US Holdings Inc
50149XAA2
750000.00000000
PA
USD
757500.00000000
0.516712475771
Long
DBT
CORP
US
N
2
2051-02-17
Fixed
7.00000000
N
N
N
N
N
N
BANCO BILBAO VIZCAYA ARG
K8MS7FD7N5Z2WQ51AZ71
Banco Bilbao Vizcaya Argentaria SA
05946KAG6
800000.00000000
PA
USD
758705.80000000
0.517534986535
Long
DBT
CORP
ES
N
2
N/A
Fixed
6.50000000
N
N
N
N
N
N
LIBERTY MUTUAL GROUP INC
QUR0DG15Z6FFGYCHH861
Liberty Mutual Group Inc
53079EAN4
3736000.00000000
PA
USD
4094992.31000000
2.793311702663
Long
DBT
CORP
US
N
2
2037-03-15
Fixed
7.80000000
N
N
N
N
N
N
KKR REAL ESTATE FIN
549300K23AYZDZ2REL62
KKR Real Estate Finance Trust Inc
48251K209
71000.00000000
NS
USD
1260250.00000000
0.859652670087
Long
EP
CORP
US
N
1
N
N
N
AMERICAN INTL GROUP
ODVCVCQG2BP6VHV36M30
American International Group Inc
026874BS5
1610000.00000000
PA
USD
1790643.03000000
1.221448967993
Long
DBT
CORP
US
N
2
2058-05-15
Fixed
8.17500000
N
N
N
N
N
N
KEYCORP
RKPI3RZGV1V1FJTH5T61
KeyCorp
493267702
83910.00000000
NS
USD
2083485.30000000
1.421205079336
Long
EP
CORP
US
N
1
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
Citigroup Inc
172967MU2
200000.00000000
PA
USD
173791.28000000
0.118548016576
Long
DBT
CORP
US
N
2
N/A
Fixed
4.00000000
N
N
N
N
N
N
NY COMMUNITY BANCORP INC
529900HVXOTLY61GL030
New York Community Bancorp Inc
649445202
178828.00000000
NS
USD
4291872.00000000
2.927608985896
Long
EP
CORP
US
N
1
N
N
N
BANK OF AMERICA CORP
9DJT3UXIJIZJI4WXO774
Bank of America Corp
06055HAB9
1800000.00000000
PA
USD
1746000.00000000
1.190996676828
Long
DBT
CORP
US
N
2
N/A
Fixed
6.12500000
N
N
N
N
N
N
ALLY FINANCIAL INC
549300JBN1OSM8YNAI90
ALLY FINANCIAL INC
02005NBN9
700000.00000000
PA
USD
467932.02000000
0.319189851547
Long
DBT
CORP
US
N
2
N/A
Fixed
4.70000000
N
N
N
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
949746465
35900.00000000
NS
USD
913296.00000000
0.622985395739
Long
EP
CORP
US
N
1
N
N
N
DCP MIDSTREAM LP
52990024YYS3MLGW0E91
DCP Midstream LP
23311P209
3700.00000000
NS
USD
92315.00000000
0.062970709176
Long
EP
CORP
US
N
1
N
N
N
BANCO SANTANDER SA
5493006QMFDDMYWIAM13
Banco Santander SA
05971KAH2
5600000.00000000
PA
USD
4356952.26000000
2.972002097801
Long
DBT
CORP
ES
N
2
N/A
Fixed
4.75000000
N
N
N
N
N
N
EMERA INC
NQZVQT2P5IUF2PGA1Q48
Emera Inc
290876AD3
2180000.00000000
PA
USD
2071000.00000000
1.412688498117
Long
DBT
CORP
CA
N
2
2076-06-15
Fixed
6.75000000
N
N
N
N
N
N
BlackRock Liquidity Funds T-Fund
5493002L9DNZ83RX7V61
BlackRock Liquidity Funds T-Fund
09248U718
6622366.91000000
NS
USD
6622366.91000000
4.517306404668
Long
STIV
RF
US
N
1
N
N
N
AMERICAN ELECTRIC POWER
1B4S6S7G0TW5EE83BO58
American Electric Power Co Inc
025537AU5
1060000.00000000
PA
USD
821199.07000000
0.560163438364
Long
DBT
CORP
US
N
2
2062-02-15
Fixed
3.87500000
N
N
N
N
N
N
MORGAN STANLEY
IGJSJL3JD5P30I6NJZ34
Morgan Stanley
61762V606
77800.00000000
NS
USD
1852418.00000000
1.263587446791
Long
EP
CORP
US
N
1
N
N
N
BARCLAYS PLC
213800LBQA1Y9L22JB70
Barclays PLC
06738EBN4
1805000.00000000
PA
USD
1631088.25000000
1.112612076382
Long
DBT
CORP
GB
N
2
N/A
Fixed
6.12500000
N
N
N
N
N
N
SOCIETE GENERALE
O2RNE8IBXP4R0TD8PU41
Societe Generale SA
83370RAB4
750000.00000000
PA
USD
626340.00000000
0.427244477986
Long
DBT
CORP
FR
N
2
N/A
Fixed
4.75000000
N
N
N
N
N
N
ING GROEP NV
549300NYKK9MWM7GGW15
ING Groep NV
456837AY9
575000.00000000
PA
USD
410938.68000000
0.280313059713
Long
DBT
CORP
NL
N
2
N/A
Fixed
3.87500000
N
N
N
N
N
N
AERCAP GLOBAL AVIATION T
635400FBSV8LXXNRV758
AerCap Global Aviation Trust
00773HAA5
660000.00000000
PA
USD
610855.83000000
0.416682281530
Long
DBT
CORP
US
N
2
2045-06-15
Fixed
6.50000000
N
N
N
N
N
N
ENTERPRISE PRODUCTS OPER
5493004LGN656HWLDA30
Enterprise Products Operating LLC
29379VBN2
500000.00000000
PA
USD
406176.98000000
0.277064967574
Long
DBT
CORP
US
N
2
2077-08-16
Fixed
5.25000000
N
N
N
N
N
N
GLOBAL ATLANTIC
N/A
Global Atlantic Fin Co
37959GAC1
1180000.00000000
PA
USD
874372.50000000
0.596434560028
Long
DBT
CORP
US
N
2
2051-10-15
Fixed
4.70000000
N
N
N
N
N
N
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
BNP Paribas SA
05565AM34
770000.00000000
PA
USD
756525.00000000
0.516047400308
Long
DBT
CORP
FR
N
2
N/A
Fixed
7.75000000
N
N
N
N
N
N
LIBERTY MUTUAL INSURANCE
CNC20I6IOMGF7KY49D67
Liberty Mutual Insurance Co
53079QAD9
2000000.00000000
PA
USD
2221325.62000000
1.515229914991
Long
DBT
CORP
US
N
2
2097-10-15
Fixed
7.69700000
N
N
N
N
N
N
GENERAL MOTORS FINL CO
5493008B6JBRUJ90QL97
General Motors Financial Co Inc
37045XCA2
453000.00000000
PA
USD
384945.81000000
0.262582577588
Long
DBT
CORP
US
N
2
N/A
Fixed
5.75000000
N
N
N
N
N
N
DEUTSCHE BANK AG
7LTWFZYICNSX8D621K86
Deutsche Bank AG
251525AX9
400000.00000000
PA
USD
342603.41000000
0.233699612130
Long
DBT
CORP
DE
N
2
N/A
Fixed
6.00000000
N
N
N
N
N
N
AMERICAN EXPRESS CO
R4PP93JZOLY261QX3811
American Express Co
025816CH0
575000.00000000
PA
USD
458562.50000000
0.312798633229
Long
DBT
CORP
US
N
2
N/A
Fixed
3.55000000
N
N
N
N
N
N
PECO ENERGY CAP TRST III
N/A
PECO Energy Capital Trust III
69331VAA4
500000.00000000
PA
USD
533606.67000000
0.363988413919
Long
DBT
CORP
US
N
2
2028-04-06
Fixed
7.38000000
N
N
N
N
N
N
ANNALY CAPITAL MGMT
2DTL0G3FPRYUT58TI025
Annaly Capital Management Inc
035710870
3440.00000000
NS
USD
83936.00000000
0.057255152958
Long
EP
CORP
US
N
1
N
N
N
SCE TRUST II
N/A
SCE Trust II
78407R204
132.00000000
NS
USD
2447.28000000
0.001669359878
Long
EP
CORP
US
N
1
N
N
N
MACQUARIE BANK LONDON
549300MPRNPO6FWNKN78
Macquarie Bank Ltd/London
556079AB7
540000.00000000
PA
USD
456193.72000000
0.311182820452
Long
DBT
CORP
AU
N
2
N/A
Fixed
6.12500000
N
N
N
N
N
N
CADENCE BANK
Q7C315HKI8VX0SSKBS64
Cadence Bank
12740C202
23100.00000000
NS
USD
500808.00000000
0.341615500417
Long
EP
CORP
US
N
1
N
N
N
BANK OF HAWAII CORP
5493006Q8BQ8AD8M2U33
Bank of Hawaii Corp
062545207
10000.00000000
NS
USD
179400.00000000
0.122373885351
Long
EP
CORP
US
N
1
N
N
N
PRUDENTIAL FINANCIAL INC
5PRBRS5FEH7NREC8OR45
Prudential Financial Inc
744320BK7
845000.00000000
PA
USD
780565.45000000
0.532446080754
Long
DBT
CORP
US
N
2
2052-09-01
Fixed
6.00000000
N
N
N
N
N
N
QBE INSURANCE GROUP LTD
549300D2FBW76FPUSG65
QBE Insurance Group Ltd
74728GAE0
500000.00000000
PA
USD
459970.46000000
0.313759043126
Long
DBT
CORP
AU
N
2
N/A
Fixed
5.87500000
N
N
N
N
N
N
CREDIT SUISSE GROUP AG
549300506SI9CRFV9Z86
Credit Suisse Group AG
225401AN8
210000.00000000
PA
USD
104475.00000000
0.071265393935
Long
DBT
CORP
CH
N
2
N/A
Fixed
5.10000000
N
N
N
N
N
N
REINSURANCE GRP OF AMER
LORM1GNEU1DKEW527V90
Reinsurance Group of America Inc
759351885
48500.00000000
NS
USD
1271670.00000000
0.867442579623
Long
EP
CORP
US
N
1
N
N
N
SVB FINANCIAL GROUP
549300D2KJ20JMXE7542
SVB Financial Group
78486QAP6
450000.00000000
PA
USD
296988.75000000
0.202584544275
Long
DBT
CORP
US
N
2
N/A
Fixed
4.25000000
N
N
N
N
N
N
ALGONQUIN PWR & UTILITY
549300K5VIUTJXQL7X75
Algonquin Power & Utilities Corp
015857808
39775.00000000
NS
USD
894142.00000000
0.609919902985
Long
EP
CORP
CA
N
1
N
N
N
SOUTHERN CAL EDISON
9R1Z5I36FERIBVKW4P77
Southern California Edison Co
842400FU2
625000.00000000
PA
USD
615010.57000000
0.419516348845
Long
DBT
CORP
US
N
2
N/A
Floating
8.63857000
N
N
N
N
N
N
BRITISH TELECOMMUNICATIO
549300OWFMSO9NYV4H90
British Telecommunications PLC
11102AAG6
740000.00000000
PA
USD
598680.35000000
0.408377037418
Long
DBT
CORP
GB
N
2
2081-11-23
Fixed
4.87500000
N
N
N
N
N
N
HSBC HOLDINGS PLC
MLU0ZO3ML4LN2LL2TL39
HSBC Holdings PLC
404280BL2
350000.00000000
PA
USD
310695.00000000
0.211933970508
Long
DBT
CORP
GB
N
2
N/A
Fixed
6.00000000
N
N
N
N
N
N
NORTHPOINTE BANCSHARES I
549300EYMKMD4WKEKP72
Northpointe Bancshares Inc
66661N308
50000.00000000
NS
USD
1211250.00000000
0.826228364724
Long
EP
CORP
US
Y
2
N
N
N
RAYMOND JAMES FINANCIAL
RGUZHJ05YTITL6D76949
Raymond James Financial Inc
754730406
17900.00000000
NS
USD
446068.00000000
0.304275776425
Long
EP
CORP
US
N
1
N
N
N
M&T BANK CORPORATION
549300WYXDDBYRASEG81
M&T Bank Corp
55261FAN4
575000.00000000
PA
USD
441542.50000000
0.301188803080
Long
DBT
CORP
US
N
2
N/A
Fixed
3.50000000
N
N
N
N
N
N
MORGAN STANLEY
IGJSJL3JD5P30I6NJZ34
Morgan Stanley
61762V853
36300.00000000
NS
USD
916212.00000000
0.624974482972
Long
EP
CORP
US
N
1
N
N
N
STIFEL FINANCIAL CORP
549300E5F07FE5GHJX84
Stifel Financial Corp
860630862
16000.00000000
NS
USD
287040.00000000
0.195798216561
Long
EP
CORP
US
N
1
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
Citigroup Inc
172967JM4
460000.00000000
PA
USD
429430.40000000
0.292926792284
Long
DBT
CORP
US
N
2
N/A
Fixed
5.95000000
N
N
N
N
N
N
BBVA BANCOMER SA TEXAS
549300WIWQK5Q9MCUN92
BBVA Bancomer SA/Texas
05533UAG3
500000.00000000
PA
USD
442235.00000000
0.301661177192
Long
DBT
CORP
MX
N
2
2034-09-13
Fixed
5.87500000
N
N
N
N
N
N
WASHINGTON FEDERAL INC
0003065617
Washington Federal Inc
938824307
18000.00000000
NS
USD
339480.00000000
0.231569044587
Long
EP
CORP
US
N
1
N
N
N
ASSURANT INC
H3F39CAXWQRVWURFXL38
Assurant Inc
04621X306
13100.00000000
NS
USD
280995.00000000
0.191674748685
Long
EP
CORP
US
N
1
N
N
N
VOYA FINANCIAL INC
549300T065Z4KJ686G75
Voya Financial Inc
929089209
25000.00000000
NS
USD
548000.00000000
0.373806517126
Long
EP
CORP
US
N
1
N
N
N
CONNECTONE BANCORP INC
549300E2M5ZYAZKUK134
ConnectOne Bancorp Inc
20786W503
35800.00000000
NS
USD
774354.00000000
0.528209072559
Long
EP
CORP
US
N
1
N
N
N
AMERICAN EQUITY INVESTME
549300RK5RZQ740FPL83
American Equity Investment Life Holding Co
025676503
50000.00000000
NS
USD
1086000.00000000
0.740791747443
Long
EP
CORP
US
N
1
N
N
N
CENTERPOINT ENERGY INC
21TPXMRRHFKOBHDC8J74
CenterPoint Energy Inc
15189TAS6
670000.00000000
PA
USD
633731.28000000
0.432286282063
Long
DBT
CORP
US
N
2
N/A
Fixed
6.12500000
N
N
N
N
N
N
WESTERN ALLIANCE BANCORP
5493003VJXZ5JXT9S762
Western Alliance Bancorp
957638406
18900.00000000
NS
USD
404460.00000000
0.275893766271
Long
EP
CORP
US
N
1
N
N
N
PNC FINANCIAL SERVICES
CFGNEKW0P8842LEUIA51
PNC Financial Services Group Inc/The
693475BD6
1130000.00000000
PA
USD
1065025.00000000
0.726484098361
Long
DBT
CORP
US
N
2
N/A
Fixed
6.00000000
N
N
N
N
N
N
CNO FINANCIAL GROUP INC
11XPYHB76MPM4Y4P2897
CNO Financial Group Inc
12621E301
12500.00000000
NS
USD
226375.00000000
0.154416880135
Long
EP
CORP
US
N
1
N
N
N
BANCO MERCANTIL DE NORTE
549300QTVYRPFHS0J362
Banco Mercantil del Norte SA/Grand Cayman
05971PAB4
455000.00000000
PA
USD
399212.45000000
0.272314261912
Long
DBT
CORP
MX
N
2
N/A
Fixed
7.50000000
N
N
N
N
N
N
TRUIST FINANCIAL CORP
549300DRQQI75D2JP341
Truist Financial Corp
89832QAE9
810000.00000000
PA
USD
783675.00000000
0.534567193994
Long
DBT
CORP
US
N
2
N/A
Fixed
4.95000000
N
N
N
N
N
N
ENERGY TRANSFER LP
MTLVN9N7JE8MIBIJ1H73
Energy Transfer LP
29273V605
123400.00000000
NS
USD
2843136.00000000
1.939384609262
Long
EP
CORP
US
N
1
N
N
N
CAPITAL ONE FINANCIAL CO
ZUE8T73ROZOF6FLBAR73
Capital One Financial Corp
14040H824
13875.00000000
NS
USD
269591.25000000
0.183895923741
Long
EP
CORP
US
N
1
N
N
N
TRANSCANADA TRUST
549300Y0MFCAXLBWUV51
Transcanada Trust
89356BAB4
1400000.00000000
PA
USD
1317560.40000000
0.898745737641
Long
DBT
CORP
CA
N
2
2076-08-15
Fixed
5.87500000
N
N
N
N
N
N
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
BNP Paribas SA
05565AAN3
5315000.00000000
PA
USD
5278831.43000000
3.600842319971
Long
DBT
CORP
FR
N
2
N/A
Fixed
7.37500000
N
N
N
N
N
N
JPMORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co
46625HJQ4
4715000.00000000
PA
USD
4678038.60000000
3.191024299356
Long
DBT
CORP
US
N
2
N/A
Fixed
6.75000000
N
N
N
N
N
N
ACE CAPITAL TRUST II
N/A
ACE Capital Trust II
00440FAA2
975000.00000000
PA
USD
1207124.91000000
0.823414522524
Long
DBT
CORP
US
N
2
2030-04-01
Fixed
9.70000000
N
N
N
N
N
N
PARAMOUNT GLOBAL
5KYC8KF17ROCY24M3H09
Paramount Global
92556HAE7
1470000.00000000
PA
USD
1217767.42000000
0.830674083831
Long
DBT
CORP
US
N
2
2062-03-30
Fixed
6.37500000
N
N
N
N
N
N
HSBC CAPITAL FUNDING USD
213800HMY2DB765NHE46
HSBC Capital Funding Dollar 1 LP
40427LAB0
800000.00000000
PA
USD
968072.53000000
0.660350037891
Long
DBT
CORP
JE
N
2
N/A
Fixed
10.17600000
N
N
N
N
N
N
TRUIST FINANCIAL CORP
549300DRQQI75D2JP341
Truist Financial Corp
89832QAF6
440000.00000000
PA
USD
396440.00000000
0.270423094250
Long
DBT
CORP
US
N
2
N/A
Fixed
5.10000000
N
N
N
N
N
N
ENERGY TRANSFER LP
MTLVN9N7JE8MIBIJ1H73
Energy Transfer LP
29273V407
81955.00000000
NS
USD
1894799.60000000
1.292497151693
Long
EP
CORP
US
N
1
N
N
N
ATHENE HOLDING LTD
549300H316CT32FQXI76
Athene Holding Ltd
000000000
89000.00000000
NS
USD
2191180.00000000
1.494666722986
Long
EP
CORP
BM
N
1
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
Goldman Sachs Group Inc/The
38148B108
47700.00000000
NS
USD
1212534.00000000
0.827104217950
Long
EP
CORP
US
N
1
N
N
N
JPMORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co
48128BAN1
1825000.00000000
PA
USD
1537562.50000000
1.048815479906
Long
DBT
CORP
US
N
2
N/A
Fixed
3.65000000
N
N
N
N
N
N
FT REAL ESTATE SECS CO
0002671824
FT Real Estate Securities Co Inc
302663208
1.00000000
NS
USD
1307000.00000000
0.891542185919
Long
EP
CORP
US
N
2
N
N
N
PROVIDENT FINANCING TR I
N/A
Provident Financing Trust I
743863AA0
5160000.00000000
PA
USD
5388355.80000000
3.675552034004
Long
DBT
CORP
US
N
2
2038-03-15
Fixed
7.40500000
N
N
N
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
Goldman Sachs Group Inc/The
38148BAE8
600000.00000000
PA
USD
580407.46000000
0.395912575066
Long
DBT
CORP
US
N
2
N/A
Fixed
5.50000000
N
N
N
N
N
N
DCP MIDSTREAM LP
52990024YYS3MLGW0E91
DCP Midstream LP
23311PAA8
1140000.00000000
PA
USD
1143078.00000000
0.779726288291
Long
DBT
CORP
US
N
2
N/A
Fixed
7.37500000
N
N
N
N
N
N
SOCIETE GENERALE
O2RNE8IBXP4R0TD8PU41
Societe Generale SA
83367TBU2
1100000.00000000
PA
USD
960707.00000000
0.655325798629
Long
DBT
CORP
FR
N
2
N/A
Fixed
6.75000000
N
N
N
N
N
N
RENAISSANCERE HOLDINGS L
EK6GB9U3U58PDI411C94
RenaissanceRe Holdings Ltd
000000000
24900.00000000
NS
USD
443967.00000000
0.302842624067
Long
EP
CORP
BM
N
1
N
N
N
REGIONS FINANCIAL CORP
CW05CS5KW59QTC0DG824
Regions Financial Corp
7591EP506
27400.00000000
NS
USD
709112.00000000
0.483705633161
Long
EP
CORP
US
N
1
N
N
N
COMERICA INC
I9Q57JVPWHHZ3ZGBW498
Comerica Inc
200340AU1
850000.00000000
PA
USD
827135.00000000
0.564212506465
Long
DBT
CORP
US
N
2
N/A
Fixed
5.62500000
N
N
N
N
N
N
LIBERTY MUTUAL GROUP INC
QUR0DG15Z6FFGYCHH861
Liberty Mutual Group Inc
53079EBM5
700000.00000000
PA
USD
553666.55000000
0.377671833402
Long
DBT
CORP
US
N
2
2051-12-15
Fixed
4.12500000
N
N
N
N
N
N
TRANSCANADA TRUST
549300Y0MFCAXLBWUV51
Transcanada Trust
89356BAE8
1700000.00000000
PA
USD
1455625.00000000
0.992923561116
Long
DBT
CORP
CA
N
2
2079-09-15
Fixed
5.50000000
N
N
N
N
N
N
MERCHANTS BANCORP
54930008Y0GPVLF81889
Merchants Bancorp/IN
58844R603
15700.00000000
NS
USD
342417.00000000
0.233572456523
Long
EP
CORP
US
N
1
N
N
N
SBL HOLDINGS INC
N/A
SBL Holdings Inc
78397DAC2
1100000.00000000
PA
USD
838750.00000000
0.572135431094
Long
DBT
CORP
US
N
2
N/A
Fixed
6.50000000
N
N
N
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
Citigroup Inc
172967341
113670.00000000
NS
USD
2845160.10000000
1.940765305925
Long
EP
CORP
US
N
1
N
N
N
CREDIT SUISSE GROUP AG
549300506SI9CRFV9Z86
Credit Suisse Group AG
225401AK4
1100000.00000000
PA
USD
739695.00000000
0.504567174608
Long
DBT
CORP
CH
N
2
N/A
Fixed
7.25000000
N
N
N
N
N
N
FIRST HORIZON BANK
COOWI3L2W9TPYR3WJX37
First Horizon Bank
337158208
795.00000000
NS
USD
699600.00000000
0.477217225148
Long
EP
CORP
US
N
2
N
N
N
ENSTAR FINANCE LLC
N/A
Enstar Finance LLC
29360AAB6
560000.00000000
PA
USD
452454.80000000
0.308632395885
Long
DBT
CORP
US
N
2
2042-01-15
Fixed
5.50000000
N
N
N
N
N
N
ZIONS BANCORP NA
8WH0EE09O9V05QJZ3V89
Zions Bancorp NA
989701818
18000.00000000
NS
USD
457560.00000000
0.312114799226
Long
EP
CORP
US
N
1
N
N
N
EDISON INTERNATIONAL
549300I7ROF15MAEVP56
Edison International
281020AT4
1351000.00000000
PA
USD
1117397.28000000
0.762208732633
Long
DBT
CORP
US
N
2
N/A
Fixed
5.00000000
N
N
N
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
Goldman Sachs Group Inc/The
38144GAB7
250000.00000000
PA
USD
226785.55000000
0.154696928065
Long
DBT
CORP
US
N
2
N/A
Fixed
4.95000000
N
N
N
N
N
N
LINCOLN NATIONAL CORP
EFQMQROEDSNBRIP7LE47
Lincoln National Corp
534187BR9
420000.00000000
PA
USD
442050.00000000
0.301534983386
Long
DBT
CORP
US
N
2
N/A
Fixed
9.25000000
N
N
N
N
N
N
CREDIT SUISSE GROUP AG
549300506SI9CRFV9Z86
Credit Suisse Group AG
225401AL2
1100000.00000000
PA
USD
706530.00000000
0.481944376907
Long
DBT
CORP
CH
N
2
N/A
Fixed
6.37500000
N
N
N
N
N
N
SEMPRA ENERGY
PBBKGKLRK5S5C0Y4T545
Sempra Energy
816851BK4
1020000.00000000
PA
USD
948600.00000000
0.647067266689
Long
DBT
CORP
US
N
2
N/A
Fixed
4.87500000
N
N
N
N
N
N
BANCO MERCANTIL DE NORTE
549300QTVYRPFHS0J362
Banco Mercantil del Norte SA/Grand Cayman
05962GAJ8
530000.00000000
PA
USD
479549.87000000
0.327114720242
Long
DBT
CORP
MX
N
2
N/A
Fixed
7.62500000
N
N
N
N
N
N
ZIONS BANCORP NA
8WH0EE09O9V05QJZ3V89
Zions Bancorp NA
989701BF3
1225000.00000000
PA
USD
1243375.00000000
0.848141748598
Long
DBT
CORP
US
N
2
N/A
Fixed
7.20000000
N
N
N
N
N
N
WESBANCO INC
0001070448
WesBanco Inc
950810705
36500.00000000
NS
USD
916515.00000000
0.625181167963
Long
EP
CORP
US
N
1
N
N
N
COBANK ACB
P0J8I7M2E0A77CKF1705
CoBank ACB
19075QAC6
447000.00000000
PA
USD
430379.78000000
0.293574391611
Long
DBT
USGA
US
N
2
N/A
Fixed
6.25000000
N
N
N
N
N
N
CREDIT AGRICOLE SA
969500TJ5KRTCJQWXH05
Credit Agricole SA
225313AD7
290000.00000000
PA
USD
288550.00000000
0.196828230869
Long
DBT
CORP
FR
N
2
N/A
Fixed
7.87500000
N
N
N
N
N
N
LAND O'LAKES INC
4ONCJWH5BBCYSJIJYX61
Land O' Lakes Inc
514666AK2
3900000.00000000
PA
USD
3796146.39000000
2.589460329465
Long
DBT
CORP
US
N
2
N/A
Fixed
8.00000000
N
N
N
N
N
N
SEMPRA ENERGY
PBBKGKLRK5S5C0Y4T545
Sempra Energy
816851BM0
1200000.00000000
PA
USD
935213.28000000
0.637935801034
Long
DBT
CORP
US
N
2
2052-04-01
Fixed
4.12500000
N
N
N
N
N
N
VISTRA CORP
549300KP43CPCUJOOG15
Vistra Corp
92840MAC6
150000.00000000
PA
USD
134363.80000000
0.091653401652
Long
DBT
CORP
US
N
2
N/A
Fixed
7.00000000
N
N
N
N
N
N
STANDARD CHARTERED PLC
U4LOSYZ7YG4W3S5F2G91
Standard Chartered PLC
853254BH2
1250000.00000000
PA
USD
1241493.69000000
0.846858453089
Long
DBT
CORP
GB
N
2
N/A
Fixed
7.75000000
N
N
N
N
N
N
EQUITABLE HOLDINGS INC
549300FIBAKMNHPZ4009
Equitable Holdings Inc
29452EAA9
125000.00000000
PA
USD
118425.00000000
0.080781089034
Long
DBT
CORP
US
N
2
N/A
Fixed
4.95000000
N
N
N
N
N
N
FIRST REPUBLIC BANK
YWC0TIKBQM2JV8L4IV08
First Republic Bank/CA
33616C720
17000.00000000
NS
USD
286280.00000000
0.195279798764
Long
EP
CORP
US
N
1
N
N
N
QWEST CORP
549300R2L4N683OO1509
Qwest Corp
74913G873
28330.00000000
NS
USD
570849.50000000
0.389392816420
Long
EP
CORP
US
N
1
N
N
N
INDIANAPOLIS P&L
2T85JNP2R2B2GTSFND21
Indianapolis Power & Light Co
455434878
25000.00000000
NS
USD
2531250.00000000
1.726638223495
Long
EP
CORP
US
N
2
N
N
N
LAND O'LAKES INC
4ONCJWH5BBCYSJIJYX61
Land O' Lakes Inc
514666AM8
260000.00000000
PA
USD
240998.87000000
0.164392241288
Long
DBT
CORP
US
N
2
N/A
Fixed
7.25000000
N
N
N
N
N
N
SIGNATURE BANK NEW YORK
VLP5AP0XK2GM6GKD1007
Signature Bank/New York NY
82669G203
47000.00000000
NS
USD
815450.00000000
0.556241832829
Long
EP
CORP
US
N
1
N
N
N
FIRST HORIZON CORP
TF3RXI1ZB1TQ30H9JV10
First Horizon Corp
320517402
15600.00000000
NS
USD
387816.00000000
0.264540416506
Long
EP
CORP
US
N
1
N
N
N
ALGONQUIN PWR & UTILITY
549300K5VIUTJXQL7X75
Algonquin Power & Utilities Corp
015857AH8
1700000.00000000
PA
USD
1397196.00000000
0.953067464420
Long
DBT
CORP
CA
N
2
2082-01-18
Fixed
4.75000000
N
N
N
N
N
N
2023-01-19
Flaherty & Crumrine Preferred & Income Fund Inc
Bradford Stone
Bradford Stone
Chief Financial Officer, Treasurer and Vice President