Q3 2023 · 13F-HR
Almitas Capital LLCholdings as filed
Filed 2023-11-14 · accession 0001596468-23-000004
$12.5M
Reported value
94
Positions
2023-09-30
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 90187BAB7 | TWO 6.25 01/15/26 | Two Harbors Investment Corp | $7.7M | 61.2% | 8,500,000 | Common | SOLE |
| 70932AAF0 | PMT 5.5 03/15/26 | PennyMac Corp | $909,710 | 7.28% | 1,000,000 | Common | SOLE |
| 38983D409 | RPT 7.25 04/30/24 | Great Ajax Corp | $428,950 | 3.43% | 1,787,292 | Common | SOLE |
| 09262F100 | ECAT | BlackRock ESG Capital Allocation Term Trust | $285,390 | 2.28% | 1,995,736 | Common | SOLE |
| 67080D103 | NPCT | Nuveen Core Plus Impact Fund | $274,490 | 2.20% | 3,049,894 | Common | SOLE |
| 880198106 | — | Templeton Global Income Fund | $245,347 | 1.96% | 6,195,630 | Common | SOLE |
| 600379101 | XHIEX | Miller/Howard High Dividend Fund | $203,559 | 1.63% | 2,122,616 | Common | SOLE |
| 151461209 | — | Center Coast Brookfield MLP & Energy Infrastructure Fund | $122,597 | 0.98% | 591,400 | Common | SOLE |
| 69346N107 | PDX | PIMCO Energy & Tactical Credit Opportunities Fund | $115,832 | 0.93% | 609,642 | Common | SOLE |
| 89148B200 | NTG | Tortoise Midstream Energy Fund Inc | $107,488 | 0.86% | 324,246 | Common | SOLE |
| 09248E102 | XBFZX | BlackRock California Municipal Income Trust | $105,041 | 0.84% | 1,056,750 | Common | SOLE |
| 368802104 | GAM | General American Investors Co Inc | $91,552 | 0.73% | 238,812 | Common | SOLE |
| 27827Y109 | XENWX | Eaton Vance New York Municipal Bond Fund | $90,300 | 0.72% | 1,148,856 | Common | SOLE |
| 10949T109 | BRSP | BrightSpire Capital Inc | $85,546 | 0.68% | 1,511,420 | Common | SOLE |
| 67079F101 | — | Nuveen Corporate Income 2023 Target Term Fund | $79,568 | 0.64% | 827,968 | Common | SOLE |
| 18469Q207 | — | ClearBridge MLP & Midstream Total Return Fund Inc | $77,805 | 0.62% | 252,532 | Common | SOLE |
| 33740D107 | XFDEX | First Trust Dynamic Europe Equity Income Fund | $77,653 | 0.62% | 634,938 | Common | SOLE |
| 59318B108 | CXH | MFS Investment Grade Municipal Trust | $72,171 | 0.58% | 1,085,282 | Common | SOLE |
| 38983D300 | — | Great Ajax Corp | $69,779 | 0.56% | 1,615,244 | Common | SOLE |
| 670972108 | XNQPX | Nuveen Pennsylvania Quality Municipal Income Fund | $67,264 | 0.54% | 688,472 | Common | SOLE |
| 27828A100 | XEVMX | Eaton Vance California Municipal Bond Fund | $62,517 | 0.50% | 815,082 | Common | SOLE |
| 231647207 | NXG | NXG NextGen Infrastructure Income Fund | $61,333 | 0.49% | 184,710 | Common | SOLE |
| 649604840 | ADAM | New York Mortgage Trust Inc | $61,205 | 0.49% | 785,690 | Common | SOLE |
| 092533108 | BKCCUSD | BlackRock Capital Investment Corp | $55,832 | 0.45% | 1,707,394 | Common | SOLE |
| 69355J104 | SDHY | PGIM Short Duration High Yield Opportunities Fund | $53,959 | 0.43% | 384,322 | Common | SOLE |
| 61745C105 | IIF | Morgan Stanley India Investment Fund Inc | $48,643 | 0.39% | 227,304 | Common | SOLE |
| 617477104 | EDD | Morgan Stanley Emerging Markets Domestic Debt Fund Inc | $47,526 | 0.38% | 1,097,592 | Common | SOLE |
| 89147L886 | TYG | Tortoise Energy Infrastructure Corp | $47,122 | 0.38% | 170,546 | Common | SOLE |
| 592835102 | MXF | Mexico Fund Inc/The | $47,005 | 0.38% | 311,292 | Common | SOLE |
| 928563402 | VMWA | VMware Inc | $44,884 | 0.36% | 30,816 | Common | SOLE |
| 874036106 | TWN | Taiwan Fund Inc/The/MD | $44,718 | 0.36% | 157,848 | Common | SOLE |
| 25065A502 | DMA | Destra Multi-Alternative Fund | $43,363 | 0.35% | 712,028 | Common | SOLE |
| 55272X607 | MFA | MFA Financial Inc | $39,200 | 0.31% | 440,942 | Common | SOLE |
| 05589T104 | — | BNY Mellon Municipal Income Inc | $37,222 | 0.30% | 685,488 | Common | SOLE |
| 67075A106 | XJPIX | Nuveen Preferred & Income Term Fund | $36,633 | 0.29% | 222,152 | Common | SOLE |
| 641876800 | — | New America High Income Fund Inc/The | $34,073 | 0.27% | 532,396 | Common | SOLE |
| 101507101 | STEW | SRH Total Return Fund Inc | $33,220 | 0.27% | 265,762 | Common | SOLE |
| 09260E105 | BMEZ | BlackRock Health Sciences Trust II | $27,278 | 0.22% | 208,388 | Common | SOLE |
| 95766R104 | WIW | Western Asset Inflation-Linked Opportunities & Income Fund | $26,983 | 0.22% | 329,466 | Common | SOLE |
| 155123102 | CET | Central Securities Corp | $24,832 | 0.20% | 72,966 | Common | SOLE |
| 12812C106 | CPZ | Calamos Long/Short Equity & Dynamic Income Trust | $23,926 | 0.19% | 174,260 | Common | SOLE |
| 041356205 | AIEUR | Arlington Asset Investment Corp | $23,728 | 0.19% | 571,770 | Common | SOLE |
| 27826F101 | CEV | Eaton Vance California Municipal Income Trust | $23,313 | 0.19% | 262,236 | Common | SOLE |
| 23342Q101 | — | DWS Strategic Municipal Income Trust | $21,658 | 0.17% | 297,086 | Common | SOLE |
| 59318D104 | CXE | MFS High Income Municipal Trust | $21,074 | 0.17% | 693,236 | Common | SOLE |
| 24610T108 | VFL | Delaware Investments National Municipal Income Fund | $17,388 | 0.14% | 216,002 | Common | SOLE |
| 92535C104 | CCIF | Carlyle Credit Income Fund | $16,093 | 0.13% | 212,594 | Common | SOLE |
| 233368109 | KTF | DWS Municipal Income Trust | $13,994 | 0.11% | 187,092 | Common | SOLE |
| 18469P209 | EMO | ClearBridge Energy Midstream Opportunity Fund Inc | $13,664 | 0.11% | 43,906 | Common | SOLE |
| 18913Y103 | GLV | Clough Global Dividend and Income Fund | $13,546 | 0.11% | 276,446 | Common | SOLE |
| 09257P105 | BTT | BlackRock 2030 Municipal Target Term Trust | $12,939 | 0.10% | 66,800 | Common | SOLE |
| 750236101 | RDN | Radian Group Inc | $12,852 | 0.10% | 50,718 | Common | SOLE |
| 552848103 | MTG | MGIC Investment Corp | $12,773 | 0.10% | 75,852 | Common | SOLE |
| 47109U104 | JOF | Japan Smaller Capitalization Fund Inc | $12,653 | 0.10% | 184,176 | Common | SOLE |
| 755408101 | RDI | Reading International Inc | $11,862 | 0.09% | 641,168 | Common | SOLE |
| 617468103 | XCAFX | Morgan Stanley China A Share Fund Inc | $11,428 | 0.09% | 96,850 | Common | SOLE |
| 92912X101 | IDE | Voya Infrastructure Industrials and Materials Fund | $11,356 | 0.09% | 128,318 | Common | SOLE |
| 71742W103 | PFX | PhenixFIN Corp | $11,350 | 0.09% | 30,675 | Common | SOLE |
| 09254L107 | MUC | BlackRock MuniHoldings California Quality Fund | $11,025 | 0.09% | 119,322 | Common | SOLE |
| 09257R101 | BGB | Blackstone Strategic Credit 2027 Term Fund | $10,238 | 0.08% | 96,222 | Common | SOLE |
| 06761A103 | MPV | Barings Participation Investors | $9,922 | 0.08% | 70,366 | Common | SOLE |
| 46132K109 | VPV | Invesco Pennsylvania Value Municipal Income Trust | $9,693 | 0.08% | 112,058 | Common | SOLE |
| 65373J209 | — | Nicholas Financial Inc | $9,684 | 0.08% | 206,048 | Common | SOLE |
| 48661E108 | — | Kayne Anderson NextGen Energy & Infrastructure Inc | $8,538 | 0.07% | 124,456 | Common | SOLE |
| 64123C101 | — | Neuberger Berman California Municipal Fund Inc | $8,239 | 0.07% | 86,820 | Common | SOLE |
| 505743104 | LADR | Ladder Capital Corp | $8,175 | 0.07% | 80,862 | Common | SOLE |
| 958435109 | SBI | Western Asset Intermediate Muni Fund Inc | $7,947 | 0.06% | 113,206 | Common | SOLE |
| 27901F109 | XTEAX | Ecofin Sustainable and Social | $7,396 | 0.06% | 65,226 | Common | SOLE |
| 09256U105 | BSL | Blackstone Senior Floating Rate 2027 Term Fund | $6,768 | 0.05% | 52,872 | Common | SOLE |
| 963025804 | WHLR 7 12/31/31 | WHEELER REIT INC | $6,120 | 0.05% | 10,544 | Common | SOLE |
| 23334J107 | DTF | DTF Tax-Free Income 2028 Term Fund Inc | $5,123 | 0.04% | 48,744 | Common | SOLE |
| 786449207 | — | Safeguard Scientifics Inc | $5,098 | 0.04% | 514,982 | Common | SOLE |
| 36246K103 | GRX | The Gabelli Healthcare and WellnessRx Trust | $5,067 | 0.04% | 63,580 | Common | SOLE |
| 552738106 | MFM | MFS Municipal Income Trust | $5,000 | 0.04% | 112,868 | Common | SOLE |
| 84741T104 | SPE | Special Opportunities Fund Inc | $4,768 | 0.04% | 46,116 | Common | SOLE |
| 592834105 | MXE | Mexico Equity and Income Fund Inc/The | $4,551 | 0.04% | 51,306 | Common | SOLE |
| 95790A101 | IGI | Western Asset Investment Grade Defined Opportunity Trust Inc | $4,290 | 0.03% | 28,036 | Common | SOLE |
| 18914C100 | XGLQX | Clough Global Equity Fund | $3,295 | 0.03% | 62,646 | Common | SOLE |
| 288578107 | EARN | Ellington Residential Mortgage REIT | $3,294 | 0.03% | 62,384 | Common | SOLE |
| 67069Y102 | XNXJX | Nuveen New Jersey Quality Municipal Income Fund | $3,228 | 0.03% | 31,776 | Common | SOLE |
| 92262D101 | VEL | Velocity Financial Inc | $2,800 | 0.02% | 24,240 | Common | SOLE |
| 05588W108 | LEO | BNY Mellon Strategic Municipals Inc | $2,391 | 0.02% | 47,076 | Common | SOLE |
| 09255G107 | MPA | BlackRock MuniYield Pennsylvania Quality Fund | $2,298 | 0.02% | 22,938 | Common | SOLE |
| 06759L103 | BBDC | Barings BDC Inc | $2,077 | 0.02% | 23,494 | Common | SOLE |
| 95790D204 | — | Western Asset Mortgage Capital Corp | $1,748 | 0.01% | 21,216 | Common | SOLE |
| 46131T101 | VTN | Invesco Trust For Investment Grade New York Municipals | $1,663 | 0.01% | 19,378 | Common | SOLE |
| 880192109 | TEI | Templeton Emerging Markets Income Fund | $1,552 | 0.01% | 34,176 | Common | SOLE |
| 09662E109 | DSM | BNY Mellon Strategic Municipal Bond Fund Inc | $1,525 | 0.01% | 32,048 | Common | SOLE |
| 09255E102 | MYN | BlackRock MuniYield New York Quality Fund Inc | $1,372 | 0.01% | 15,922 | Common | SOLE |
| 67072T108 | JFR | Nuveen Floating Rate Income Fund/Closed-end Fund | $1,344 | 0.01% | 17,170 | Common | SOLE |
| 09248L106 | XBNYX | BlackRock New York Municipal Income Trust | $1,344 | 0.01% | 15,306 | Common | SOLE |
| 01864U106 | AFB | Alliance National Municipal Income Fund, Inc | $1,177 | 0.01% | 12,980 | Common | SOLE |
| 33733G109 | — | First Trust Specialty Finance and Financial Opportunities Fund | $743 | 0.01% | 24,268 | Common | SOLE |
| 18914E106 | GLO | Clough Global Opportunities Fund | $661 | 0.01% | 15,738 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.