| BARCLAYS PLC REGD V/R /PERP/ 9.62500000 |
96,433,000 |
96,433,000 |
0 |
1.68% |
$651.12K |
| SANTAN 9 5/8 PERP |
78,000,000 |
78,000,000 |
0 |
1.44% |
-$107.41K |
| JPMorgan Chase & Co., Series NN |
73,116,000 |
73,116,000 |
0 |
1.19% |
$488.85K |
| NATWEST GROUP PLC JR SUBORDINA 12/99 VAR |
71,624,000 |
71,624,000 |
0 |
1.17% |
$713.95K |
| Bank of America Corp. |
70,396,000 |
70,396,000 |
0 |
1.13% |
$694.46K |
| ENBRIDGE INC SUBORDINATED 01/84 VAR |
62,532,000 |
62,532,000 |
0 |
1.11% |
$428.22K |
| BNP PARIBAS SA JR SUBORDINA 144A 12/99 VAR |
64,127,000 |
64,127,000 |
0 |
1.07% |
$1.16M |
| Credit Agricole SA |
65,935,000 |
65,935,000 |
0 |
1.04% |
$1.10M |
| HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR |
61,624,000 |
61,624,000 |
0 |
1.00% |
$162.01K |
| LLOYDS BANKING GROUP PLC JR SUBORDINA 12/99 VAR |
58,896,000 |
58,896,000 |
0 |
0.94% |
$295.78K |
| Assured Guaranty Municipal Holdings, Inc. |
64,240,000 |
64,240,000 |
0 |
0.93% |
$1.01M |
| LLAKES 7 1/4 PERP |
65,313,000 |
65,313,000 |
0 |
0.93% |
$1.76M |
| Societe Generale SA (pfd) 10.00% 05/14/2174 Perpetual |
54,126,000 |
54,126,000 |
0 |
0.92% |
$65.49K |
| BBVASM V7.75 PERP |
52,800,000 |
52,800,000 |
0 |
0.87% |
$570.19K |
| HSBC Holdings PLC Floating rate, Due 12/31/2049 |
53,510,000 |
53,510,000 |
0 |
0.87% |
-$53.67K |
| ASSURANT INC SUBORDINATED 03/48 VAR |
51,650,000 |
51,650,000 |
0 |
0.82% |
-$39.43K |
| SECBEN 6 1/2 PERP |
58,600,000 |
58,600,000 |
0 |
0.81% |
-$2.78M |
| RY V6.75 08/24/85 |
49,105,000 |
49,105,000 |
0 |
0.78% |
$225.83K |
| BNP V7.75 PERP 144A |
47,866,000 |
47,866,000 |
0 |
0.78% |
$493.50K |
| Banco Bilbao Vizcaya Argentaria S.A. |
44,883,000 |
44,883,000 |
0 |
0.77% |
$66.88K |
| Truist Financial Corp., Series N |
48,536,000 |
48,536,000 |
0 |
0.75% |
$105.18K |
| CREDIT AGRICOLE SA F2V |
46,064,000 |
46,064,000 |
0 |
0.74% |
$839.77K |
| Goldman Sachs Group, Inc. (The), Series X |
45,460,000 |
45,460,000 |
0 |
0.74% |
$411.46K |
| Societe Generale SA (pfd) 9.38% 05/22/2174 Perpetual |
45,240,000 |
45,240,000 |
0 |
0.74% |
-$77.77K |
| The PNC Financial Services Group, Inc. |
45,844,000 |
45,844,000 |
0 |
0.73% |
$439.09K |
| Wells Fargo & Co. |
44,179,000 |
44,179,000 |
0 |
0.71% |
$315.97K |
| BANK OF AMERICA CORP REGD V/R /PERP/ 6.25000000 |
44,789,000 |
44,789,000 |
0 |
0.71% |
$796.13K |
| ING GROEP NV JR SUBORDINA 12/99 VAR |
43,158,000 |
43,158,000 |
0 |
0.69% |
$270.52K |
| Societe Generale SA |
39,975,000 |
39,975,000 |
0 |
0.68% |
$739.58K |
| GM V5.75 PERP A |
43,118,000 |
43,118,000 |
0 |
0.66% |
$614.98K |
| JPMorgan Chase & Co., Series OO |
40,809,000 |
40,809,000 |
0 |
0.66% |
$598.57K |
| CANADIAN IMPERIAL BANK OF COMM JR SUBORDINA 10/85 VAR |
41,102,000 |
41,102,000 |
0 |
0.65% |
$233.01K |
| CM V6.95 01/28/85 |
41,168,000 |
41,168,000 |
0 |
0.65% |
$611.18K |
| LAND O LAKES INC JR SUBORDINA 144A 12/99 7 |
46,071,000 |
46,071,000 |
0 |
0.63% |
$1.07M |
| BNP Paribas SA (pfd) 8.50% 02/14/2174 Perpetual |
38,013,000 |
38,013,000 |
0 |
0.62% |
$215.34K |
| LLOYDS BANKING GROUP PLC JR SUBORDINA 12/99 VAR |
37,007,000 |
37,007,000 |
0 |
0.62% |
$330.62K |
| Bank of Montreal |
37,542,000 |
37,542,000 |
0 |
0.61% |
-$50.53K |
| ILFC E-Capital Trust II |
44,663,000 |
44,663,000 |
0 |
0.61% |
$1.55M |
| LLAKES 8 PERP |
39,310,000 |
39,310,000 |
0 |
0.60% |
$800.48K |
| GS V6.85 PERP |
36,992,000 |
36,992,000 |
0 |
0.59% |
$368.07K |
| CHS Inc., Series 2, Pfd. |
1,451,502 |
1,451,502 |
0 |
0.57% |
$420.94K |
| C V7.125 PERP CC |
34,157,000 |
34,157,000 |
0 |
0.54% |
$294.67K |
| ING Groep NV |
33,907,000 |
33,907,000 |
0 |
0.54% |
-$16.99K |
| EMERA INC SUB (H) 6.75% 06-15-76/26 |
35,009,000 |
35,009,000 |
0 |
0.54% |
-$80.87K |
| Citigroup Inc., Series DD |
33,224,000 |
33,224,000 |
0 |
0.54% |
-$245.56K |
| KEYCORP PREFERRED STOCK VAR |
1,355,330 |
1,355,330 |
0 |
0.53% |
$433.71K |
| The Goldman Sachs Group, Inc. |
33,489,000 |
33,489,000 |
0 |
0.53% |
$217.98K |
| BNP PARIBAS SA JR SUBORDINA 144A 12/99 VAR |
32,326,000 |
32,326,000 |
0 |
0.52% |
$420.37K |
| Morgan Stanley, Series K, Pfd. |
1,344,835 |
1,344,835 |
0 |
0.51% |
$107.59K |
| COBKAC V6.45 PERP K |
33,000,000 |
33,000,000 |
0 |
0.51% |
$560.38K |
| BARCLAYS PLC REGD V/R /PERP/ 8.00000000 |
31,020,000 |
31,020,000 |
0 |
0.51% |
$269.63K |
| UBS V9.25 PERP 144a |
29,805,000 |
29,805,000 |
0 |
0.50% |
-$168.91K |
| STT V6.7 PERP I |
30,495,000 |
30,495,000 |
0 |
0.49% |
$277.53K |
| TRANSCANADA TRUST REGD V/R 5.60000000 |
31,347,000 |
31,347,000 |
0 |
0.48% |
$632.20K |
| BMO V6.875 11/26/85 6 |
29,666,000 |
29,666,000 |
0 |
0.47% |
$121.01K |
| BANORT 8 3/4 PERP |
27,655,400 |
27,655,400 |
0 |
0.47% |
$1.08M |
| METLIFE INC JR SUBORDINA 144A 04/68 9.25 |
24,448,000 |
24,448,000 |
0 |
0.45% |
-$113.61K |
| Voya Financial, Inc., Series A |
26,248,000 |
26,248,000 |
0 |
0.42% |
-$165.81K |
| HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR |
26,515,000 |
26,515,000 |
0 |
0.42% |
$238.21K |
| STANLN 7 3/4 PERP |
25,875,000 |
25,875,000 |
0 |
0.41% |
-$5.69K |
| Air Lease Corp., Series D |
27,383,000 |
27,383,000 |
0 |
0.41% |
$113.62K |
| BNP V9.25 PERP 144A |
24,811,000 |
24,811,000 |
0 |
0.41% |
$130.01K |
| Wells Fargo & Co. |
24,750,000 |
24,750,000 |
0 |
0.41% |
$51.13K |
| C V6.875 PERP GG |
24,862,000 |
24,862,000 |
0 |
0.39% |
$44.35K |
| Voya Financial, Inc., Series B, Pfd. |
1,058,054 |
1,058,054 |
0 |
0.39% |
-$275.09K |
| Energy Transfer L.P. |
24,656,000 |
24,656,000 |
0 |
0.39% |
$667.76K |
| Athene Holding Ltd., Series A, Pfd. |
1,006,376 |
1,006,376 |
0 |
0.38% |
-$352.23K |
| HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR |
24,345,000 |
24,345,000 |
0 |
0.38% |
$509.40K |
| Vodafone Group Public Limited Company |
22,509,000 |
22,509,000 |
0 |
0.37% |
$241.68K |
| UNM 7.405 03/15/38 |
21,542,000 |
21,542,000 |
0 |
0.36% |
$123.62K |
| Toronto-Dominion Bank/The |
23,016,000 |
23,016,000 |
0 |
0.36% |
$119.29K |
| Julius Baer Group Ltd |
22,200,000 |
22,200,000 |
0 |
0.36% |
$334.73K |
| MS 6 5/8 PERP |
870,125 |
870,125 |
0 |
0.35% |
$95.71K |
| TORONTO DOM BANK |
20,719,000 |
20,719,000 |
0 |
0.33% |
-$98.46K |
| Goldman Sachs Group, Inc. (The), Series W |
20,175,000 |
20,175,000 |
0 |
0.33% |
$136.91K |
| REINSURANCE GRP OF AMERICA INC 5.75/VAR 06/15/2056 PFD |
853,330 |
853,330 |
0 |
0.33% |
-$25.60K |
| AERCAP IRELAND |
20,600,000 |
20,600,000 |
0 |
0.33% |
$179.36K |
| Credit Suisse Group AG |
62,450,000 |
62,450,000 |
0 |
0.33% |
$312.25K |
| SUN V7.875 PERP 144A |
20,460,000 |
20,460,000 |
0 |
0.32% |
$332.48K |
| Credit Suisse Group AG |
61,301,000 |
61,301,000 |
0 |
0.32% |
$306.50K |
| FIRST CITIZENS FIXED 5.8% Due 12-31-2049 |
20,174,000 |
20,174,000 |
0 |
0.32% |
$97.52K |
| UBS GROUP AG REGD V/R /PERP/ 144A P/P 7.75000000 |
18,420,000 |
18,420,000 |
0 |
0.30% |
$41.88K |
| AXIS SPECLTY FIN |
19,875,000 |
19,875,000 |
0 |
0.30% |
$423.26K |
| Vistra Corp., Series C |
17,517,000 |
17,517,000 |
0 |
0.30% |
-$174.63K |
| American National Group Inc. |
19,306,000 |
19,306,000 |
0 |
0.29% |
-$276.74K |
| ENTERGY CORP |
18,153,000 |
18,153,000 |
0 |
0.29% |
-$99.84K |
| AERCAP IRELAND |
17,895,000 |
17,895,000 |
0 |
0.29% |
$145.99K |
| Rogers Communications Inc. |
17,730,000 |
17,730,000 |
0 |
0.29% |
$9.15K |
| COBKAC 7 1/8 PERP |
17,887,000 |
17,887,000 |
0 |
0.29% |
$74.00K |
| COBKAC 6 1/4 PERP |
18,191,000 |
18,191,000 |
0 |
0.28% |
-$8.44K |
| BANK OF NEW YORK MELLON CORP/T PREFERRED STOCK VAR |
680,940 |
680,940 |
0 |
0.27% |
$47.67K |
| GM 5.7 PERP |
16,979,000 |
16,979,000 |
0 |
0.26% |
$88.65K |
| BANORT 7 5/8 PERP |
16,450,000 |
16,450,000 |
0 |
0.26% |
$119.51K |
| CITIZENS FINANCIAL GROUP JR SUBORDINA 12/99 VAR |
16,865,000 |
16,865,000 |
0 |
0.26% |
$208.82K |
| Credit Suisse Group AG |
49,069,000 |
49,069,000 |
0 |
0.26% |
$245.34K |
| Enbridge Inc. |
14,880,000 |
14,880,000 |
0 |
0.25% |
$115.11K |
| Bank of Nova Scotia (The) |
15,255,000 |
15,255,000 |
0 |
0.25% |
$52.60K |
| ILFC E-CAPITAL TRUST I 144A VARIABLE RATE 12/21/2065 |
18,714,000 |
18,714,000 |
0 |
0.25% |
$547.64K |
| The PNC Financial Services Group, Inc. |
16,330,000 |
16,330,000 |
0 |
0.25% |
$282.47K |
| NEXTERA ENERGY |
15,071,000 |
15,071,000 |
0 |
0.25% |
-$138.61K |
| Bell Canada |
14,843,000 |
14,843,000 |
0 |
0.24% |
$94.22K |
| HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR |
14,612,000 |
14,612,000 |
0 |
0.23% |
$96.99K |
| CRBG V6.875 PERP |
14,755,000 |
14,755,000 |
0 |
0.23% |
$44.77K |
| PNC FINANCIAL SERVICES REGD V/R /PERP/ SER U 6.00000000 |
14,835,000 |
14,835,000 |
0 |
0.23% |
$27.00K |
| SEMPRA |
14,485,000 |
14,485,000 |
0 |
0.23% |
$112.94K |
| MTB V3.5 PERP |
14,785,000 |
14,785,000 |
0 |
0.22% |
$344.42K |
| REINSURANCE GROUP OF AMERICA I PREFFERD STOCK |
556,200 |
556,200 |
0 |
0.22% |
-$16.69K |
| ENSTAR FINANCE |
14,288,000 |
14,288,000 |
0 |
0.22% |
$77.64K |
| TELUS Corp. |
13,396,000 |
13,396,000 |
0 |
0.22% |
$152.38K |
| PRUDENTIAL FIN |
13,400,000 |
13,400,000 |
0 |
0.22% |
$4.23K |
| Athene Holding Ltd., Series E, Pfd. |
540,503 |
540,503 |
0 |
0.21% |
$10.81K |
| Dairy Farmers of America Inc |
13,835,000 |
13,835,000 |
0 |
0.21% |
$137.73K |
| C V6.25 PERP T |
13,777,000 |
13,777,000 |
0 |
0.21% |
-$18.27K |
| PARTNERRE FIN B |
14,051,000 |
14,051,000 |
0 |
0.21% |
$333.41K |
| CHS Inc., Series 3, Pfd. |
528,896 |
528,896 |
0 |
0.20% |
$116.36K |
| Morgan Stanley, Series I, Pfd. |
518,768 |
518,768 |
0 |
0.20% |
$77.82K |
| ALLY FINL. INC F2V |
12,807,000 |
12,807,000 |
0 |
0.20% |
$229.83K |
| AMERICAN NATIONAL GROUP INC PREFERRED STOCK 7.375 |
504,425 |
504,425 |
0 |
0.19% |
-$267.35K |
| Truist Financial Corp. Series Q Perpetual, 5.10%, 03/01/2030 |
12,384,000 |
12,384,000 |
0 |
0.19% |
$100.24K |
| Fifth Third Bancorp, Series I, Pfd. |
486,433 |
486,433 |
0 |
0.19% |
$34.05K |
| Aspen Insurance Holdings Ltd |
603,290 |
603,290 |
0 |
0.19% |
$66.36K |
| C V6.95 PERP FF |
12,000,000 |
12,000,000 |
0 |
0.19% |
$53.47K |
| Credit Suisse Group AG |
36,075,000 |
36,075,000 |
0 |
0.19% |
$180.38K |
| NOMURA HOLDINGS INC JR SUBORDINA 12/99 VAR |
11,629,000 |
11,629,000 |
0 |
0.19% |
$236.37K |
| Air Lease Corp., Series B |
11,955,000 |
11,955,000 |
0 |
0.18% |
$45.81K |
| EUSHI FINANCE INC REGD V/R 7.62500000 |
11,121,000 |
11,121,000 |
0 |
0.18% |
$27.09K |
| ALLY V4.7 PERP C |
12,289,000 |
12,289,000 |
0 |
0.18% |
$278.17K |
| SEMPRA ENERGY |
11,762,000 |
11,762,000 |
0 |
0.18% |
$153.41K |
| ET V6.5 PERP H |
11,442,000 |
11,442,000 |
0 |
0.18% |
$21.33K |
| Equitable Holdings, Inc., Series A, Pfd. |
558,300 |
558,300 |
0 |
0.18% |
$323.81K |
| METLIFE INC |
11,023,000 |
11,023,000 |
0 |
0.18% |
-$194.85K |
| AMER ELEC PWR |
11,494,000 |
11,494,000 |
0 |
0.17% |
$141.06K |
| SEMPRA |
10,983,000 |
10,983,000 |
0 |
0.17% |
$57.44K |
| BANORT V7.5 PERP 144A |
10,700,000 |
10,700,000 |
0 |
0.17% |
$187.37K |
| PG&E CORP SUB (H) 7.375% 03-15-55/30 |
10,443,000 |
10,443,000 |
0 |
0.17% |
$6.78K |
| CMS ENERGY |
10,244,000 |
10,244,000 |
0 |
0.16% |
$102.04K |
| Nordea Bank Abp |
10,190,000 |
10,190,000 |
0 |
0.16% |
$118.62K |
| C V7.375 PERP Z |
9,885,000 |
9,885,000 |
0 |
0.16% |
$111.20K |
| ESGR V7.5 04/01/45 144A |
9,883,000 |
9,883,000 |
0 |
0.16% |
$346 |
| Venture Global LNG, Inc. |
11,570,000 |
11,570,000 |
0 |
0.16% |
$269.48K |
| AES V7.6 01/15/55 |
9,618,000 |
9,618,000 |
0 |
0.15% |
-$144.03K |
| DUKE ENERGY COR |
8,455,000 |
8,455,000 |
0 |
0.14% |
$29.79K |
| South Bow Canadian infrastructure Holdings Ltd. |
8,380,000 |
8,380,000 |
0 |
0.14% |
$6.87K |
| ENBRIDGE INC SUBORDINATED 07/80 VAR |
8,721,000 |
8,721,000 |
0 |
0.14% |
$62.14K |
| Vodafone Group PLC |
9,350,000 |
9,350,000 |
0 |
0.14% |
$44.82K |
| CFCFCS V5 PERP 1 |
8,295,000 |
8,295,000 |
0 |
0.13% |
$16.59K |
| Morgan Stanley, Series F, Pfd. |
322,188 |
322,188 |
0 |
0.13% |
$29.00K |
| CVS Health Corp. |
7,648,000 |
7,648,000 |
0 |
0.12% |
$30.54K |
| WELLS FARGO CO |
6,580,000 |
6,580,000 |
0 |
0.11% |
$65.43K |
| RF 5.7 PERP |
302,269 |
302,269 |
0 |
0.11% |
$247.86K |
| ALTAGAS LTD REGD V/R 144A P/P 7.20000000 |
7,093,000 |
7,093,000 |
0 |
0.11% |
$72.44K |
| COBANK ACB JR SUBORDINA 12/99 VAR |
7,057,000 |
7,057,000 |
0 |
0.11% |
-$1.92K |
| KeyCorp, Series E, Pfd. |
285,287 |
285,287 |
0 |
0.11% |
$79.88K |
| DOMINION ENERGY |
6,574,000 |
6,574,000 |
0 |
0.11% |
-$18.31K |
| FITB V0 PERP H |
7,016,000 |
7,016,000 |
0 |
0.11% |
$23.71K |
| Huntington Bancshares Inc/OH |
280,000 |
280,000 |
0 |
0.11% |
$227.58K |
| Synchrony Financial, Series A, Pfd. |
350,835 |
350,835 |
0 |
0.11% |
$49.12K |
| Bank of America Corp., Series RR |
6,780,000 |
6,780,000 |
0 |
0.10% |
$51.29K |
| PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR |
6,555,000 |
6,555,000 |
0 |
0.10% |
$5.98K |
| COMPEER FINANCIAL ACA JR SUBORDINA 144A VAR |
6,700,000 |
6,700,000 |
0 |
0.10% |
$8.38K |
| KeyCorp, Series D |
6,491,000 |
6,491,000 |
0 |
0.10% |
$21.70K |
| Morgan Stanley, Series P, Pfd. |
242,300 |
242,300 |
0 |
0.10% |
-$2.42K |
| AT&T Inc., Series C, Pfd. |
314,900 |
314,900 |
0 |
0.09% |
$160.60K |
| AES ANDES SA 144A LIFE SUB (H) 8.15% 06-10-55/30 |
5,575,000 |
5,575,000 |
0 |
0.09% |
$193.51K |
| Vistra Corp. |
5,900,000 |
5,900,000 |
0 |
0.09% |
-$12.53K |
| FIDELIS INSUR HLD LTD REGD V/R 144A P/P 6.62500000 |
5,830,000 |
5,830,000 |
0 |
0.09% |
$22.61K |
| Energy Transfer L.P. |
5,335,000 |
5,335,000 |
0 |
0.09% |
$34.86K |
| AL V4.125 PERP C |
5,586,000 |
5,586,000 |
0 |
0.08% |
$129.72K |
| M&T Bank Corp., Series F |
5,323,000 |
5,323,000 |
0 |
0.08% |
$37.44K |
| Cemex SAB de CV |
5,000,000 |
5,000,000 |
0 |
0.08% |
$83.75K |
| PRUDENTIAL FIN |
5,234,000 |
5,234,000 |
0 |
0.08% |
-$45.45K |
| CHS INC PFD |
193,870 |
193,870 |
0 |
0.08% |
-$46.53K |
| KeyCorp, Series G, Pfd. |
217,680 |
217,680 |
0 |
0.07% |
$80.54K |
| KeyCorp, Series F, Pfd. |
219,879 |
219,879 |
0 |
0.07% |
$26.39K |
| ENBRIDGE INC SUBORDINATED 07/77 VAR |
4,735,000 |
4,735,000 |
0 |
0.07% |
$34.13K |
| CITIGROUP CAPITAL III 7.625000% 12/01/2036 |
3,955,000 |
3,955,000 |
0 |
0.07% |
$140.68K |
| CVS Health Corp. |
4,343,000 |
4,343,000 |
0 |
0.07% |
$2.02K |
| Credit Suisse Group AG |
12,260,000 |
12,260,000 |
0 |
0.06% |
$61.30K |
| TRPCN 5 7/8 08/15/76 |
4,125,000 |
4,125,000 |
0 |
0.06% |
$5.57K |
| ASSURANT INC PREFERRED STOCK 01/61 5.25 |
191,504 |
191,504 |
0 |
0.06% |
$145.54K |
| Citizens Financial Group, Inc., Series C |
3,846,000 |
3,846,000 |
0 |
0.06% |
$8.16K |
| Selective Insurance Group, Inc., Series B, Pfd. |
221,929 |
221,929 |
0 |
0.06% |
-$53.26K |
| Vistra Corp. |
3,395,000 |
3,395,000 |
0 |
0.05% |
-$18.66K |
| US Bancorp Variable Rate, Due 12/29/2049 |
2,988,000 |
2,988,000 |
0 |
0.05% |
$4.81K |
| ET V6.625 PERP B |
2,874,000 |
2,874,000 |
0 |
0.04% |
$31.77K |
| Credit Suisse Group AG |
8,421,000 |
8,421,000 |
0 |
0.04% |
$42.10K |
| Enstar Group Ltd. |
78,593 |
78,593 |
0 |
0.03% |
$0 |
| CHS Inc |
44,881 |
44,881 |
0 |
0.02% |
$1.80K |
| PartnerRe Ltd. |
23,571 |
23,571 |
0 |
0.01% |
$4.24K |