Q3 2023 · 13F-HR/A
Almitas Capital LLCholdings as filed
Filed 2023-11-21 · accession 0001596468-23-000005
$208.8M
Reported value
88
Positions
2023-09-30
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 38983D409 | RPT 7.25 04/30/24 | Great Ajax Corp | $21.6M | 10.3% | 893,646 | Common | SOLE |
| 09262F100 | ECAT | BlackRock ESG Capital Allocation Term Trust | $14.8M | 7.07% | 997,868 | Common | SOLE |
| 67080D103 | NPCT | Nuveen Core Plus Impact Fund | $14.0M | 6.69% | 1,524,947 | Common | SOLE |
| 880198106 | — | Templeton Global Income Fund | $12.0M | 5.73% | 3,097,815 | Common | SOLE |
| 600379101 | XHIEX | Miller/Howard High Dividend Fund | $10.5M | 5.04% | 1,061,308 | Common | SOLE |
| 151461209 | — | Center Coast Brookfield MLP & Energy Infrastructure Fund | $6.3M | 3.00% | 295,700 | Common | SOLE |
| 69346N107 | PDX | PIMCO Energy & Tactical Credit Opportunities Fund | $6.0M | 2.89% | 304,821 | Common | SOLE |
| 89148B200 | NTG | Tortoise Midstream Energy Fund Inc | $5.5M | 2.65% | 162,123 | Common | SOLE |
| 09248E102 | XBFZX | BlackRock California Municipal Income Trust | $5.4M | 2.60% | 528,375 | Common | SOLE |
| 38983D300 | — | Great Ajax Corp | $5.2M | 2.49% | 807,622 | Common | SOLE |
| 27827Y109 | XENWX | Eaton Vance New York Municipal Bond Fund | $4.8M | 2.28% | 574,428 | Common | SOLE |
| 10949T109 | BRSP | BrightSpire Capital Inc | $4.7M | 2.27% | 755,710 | Common | SOLE |
| 368802104 | GAM | General American Investors Co Inc | $4.7M | 2.23% | 119,406 | Common | SOLE |
| 18469Q207 | — | ClearBridge MLP & Midstream Total Return Fund Inc | $4.0M | 1.94% | 126,266 | Common | SOLE |
| 67079F101 | — | Nuveen Corporate Income 2023 Target Term Fund | $3.9M | 1.89% | 413,984 | Common | SOLE |
| 33740D107 | XFDEX | First Trust Dynamic Europe Equity Income Fund | $3.9M | 1.89% | 317,469 | Common | SOLE |
| 90187BAB7 | TWO 6.25 01/15/26 | Two Harbors Investment Corp | $3.9M | 1.87% | 4,250,000 | Common | SOLE |
| 59318B108 | CXH | MFS Investment Grade Municipal Trust | $3.8M | 1.84% | 542,641 | Common | SOLE |
| 670972108 | XNQPX | Nuveen Pennsylvania Quality Municipal Income Fund | $3.5M | 1.68% | 344,236 | Common | SOLE |
| 231647207 | NXG | NXG NextGen Infrastructure Income Fund | $3.5M | 1.66% | 92,355 | Common | SOLE |
| 649604840 | ADAM | New York Mortgage Trust Inc | $3.3M | 1.60% | 392,845 | Common | SOLE |
| 27828A100 | XEVMX | Eaton Vance California Municipal Bond Fund | $3.3M | 1.58% | 407,541 | Common | SOLE |
| 092533108 | BKCCUSD | BlackRock Capital Investment Corp | $3.2M | 1.52% | 853,697 | Common | SOLE |
| 69355J104 | SDHY | PGIM Short Duration High Yield Opportunities Fund | $2.8M | 1.33% | 192,161 | Common | SOLE |
| 928563402 | VMWA | VMware Inc | $2.6M | 1.23% | 15,408 | Common | SOLE |
| 592835102 | MXF | Mexico Fund Inc/The | $2.6M | 1.23% | 155,646 | Common | SOLE |
| 61745C105 | IIF | Morgan Stanley India Investment Fund Inc | $2.5M | 1.22% | 113,652 | Common | SOLE |
| 89147L886 | TYG | Tortoise Energy Infrastructure Corp | $2.5M | 1.18% | 85,273 | Common | SOLE |
| 874036106 | TWN | Taiwan Fund Inc/The/MD | $2.4M | 1.13% | 78,924 | Common | SOLE |
| 617477104 | EDD | Morgan Stanley Emerging Markets Domestic Debt Fund Inc | $2.3M | 1.12% | 548,796 | Common | SOLE |
| 25065A502 | DMA | Destra Multi-Alternative Fund | $2.1M | 1.02% | 356,014 | Common | SOLE |
| 55272X607 | MFA | MFA Financial Inc | $2.1M | 1.01% | 220,471 | Common | SOLE |
| 05589T104 | — | BNY Mellon Municipal Income Inc | $1.9M | 0.93% | 342,744 | Common | SOLE |
| 67075A106 | XJPIX | Nuveen Preferred & Income Term Fund | $1.9M | 0.91% | 111,076 | Common | SOLE |
| 641876800 | — | New America High Income Fund Inc/The | $1.7M | 0.83% | 266,198 | Common | SOLE |
| 101507101 | STEW | SRH Total Return Fund Inc | $1.7M | 0.83% | 132,881 | Common | SOLE |
| 09260E105 | BMEZ | BlackRock Health Sciences Term Trust | $1.5M | 0.72% | 104,194 | Common | SOLE |
| 95766R104 | WIW | Western Asset Inflation-Linked Opportunities & Income Fund | $1.4M | 0.65% | 164,733 | Common | SOLE |
| 12812C106 | CPZ | Calamos Long/Short Equity & Dynamic Income Trust | $1.3M | 0.62% | 87,130 | Common | SOLE |
| 155123102 | CET | Central Securities Corp | $1.3M | 0.60% | 36,483 | Common | SOLE |
| 041356205 | AIEUR | Arlington Asset Investment Corp | $1.2M | 0.59% | 285,885 | Common | SOLE |
| 27826F101 | CEV | Eaton Vance California Municipal Income Trust | $1.2M | 0.58% | 131,118 | Common | SOLE |
| 23342Q101 | — | DWS Strategic Municipal Income Trust | $1.1M | 0.54% | 148,543 | Common | SOLE |
| 59318D104 | CXE | MFS High Income Municipal Trust | $1.1M | 0.52% | 346,618 | Common | SOLE |
| 24610T108 | VFL | abrdn National Municipal Income Fund | $929,889 | 0.45% | 108,001 | Common | SOLE |
| 92535C104 | CCIF | Carlyle Credit Income Fund | $869,509 | 0.42% | 106,297 | Common | SOLE |
| 233368109 | KTF | DWS Municipal Income Trust | $720,304 | 0.34% | 93,546 | Common | SOLE |
| 18469P209 | EMO | ClearBridge Energy Midstream Opportunity Fund Inc | $695,910 | 0.33% | 21,953 | Common | SOLE |
| 18913Y103 | GLV | Clough Global Dividend and Income Fund | $686,968 | 0.33% | 138,223 | Common | SOLE |
| 755408101 | RDI | Reading International Inc | $679,638 | 0.33% | 320,584 | Common | SOLE |
| 47109U104 | JOF | Japan Smaller Capitalization Fund Inc | $654,746 | 0.31% | 92,088 | Common | SOLE |
| 09257P105 | BTT | BlackRock Municipal 2030 Target Term Trust | $648,294 | 0.31% | 33,400 | Common | SOLE |
| 750236101 | RDN | Radian Group Inc | $636,764 | 0.30% | 25,359 | Common | SOLE |
| 552848103 | MTG | MGIC Investment Corp | $632,985 | 0.30% | 37,926 | Common | SOLE |
| 92912X101 | IDE | Voya Infrastructure Industrials and Materials Fund | $605,019 | 0.29% | 64,159 | Common | SOLE |
| 617468103 | XCAFX | Morgan Stanley China A Share Fund Inc | $603,376 | 0.29% | 48,425 | Common | SOLE |
| 71742W103 | PFX | PhenixFIN Corp | $581,289 | 0.28% | 15,337 | Common | SOLE |
| 09254L107 | MUC | BlackRock MuniHoldings California Quality Fund Inc | $570,359 | 0.27% | 59,661 | Common | SOLE |
| 09257R101 | BGB | Blackstone Strategic Credit 2027 Term Fund | $528,740 | 0.25% | 48,111 | Common | SOLE |
| 46132K109 | VPV | Invesco Pennsylvania Value Municipal Income Trust | $501,460 | 0.24% | 56,029 | Common | SOLE |
| 65373J209 | — | Nicholas Financial Inc | $492,465 | 0.24% | 103,024 | Common | SOLE |
| 06761A103 | MPV | Barings Participation Investors | $472,508 | 0.23% | 35,183 | Common | SOLE |
| 70932AAF0 | PMT 5.5 03/15/26 | PennyMac Corp | $448,750 | 0.21% | 500,000 | Common | SOLE |
| 48661E108 | — | Kayne Anderson NextGen Energy & Infrastructure Inc | $443,063 | 0.21% | 62,228 | Common | SOLE |
| 64123C101 | — | Neuberger Berman California Municipal Fund Inc | $424,984 | 0.20% | 43,410 | Common | SOLE |
| 505743104 | LADR | Ladder Capital Corp | $414,822 | 0.20% | 40,431 | Common | SOLE |
| 958435109 | SBI | Western Asset Intermediate Muni Fund Inc | $405,277 | 0.19% | 56,603 | Common | SOLE |
| 27901F109 | XTEAX | Ecofin Sustainable and Social | $390,704 | 0.19% | 32,613 | Common | SOLE |
| 09256U105 | BSL | Blackstone Senior Floating Rate 2027 Term Fund | $350,277 | 0.17% | 26,436 | Common | SOLE |
| 963025804 | WHLR 7 12/31/31 | WHEELER REIT INC | $289,960 | 0.14% | 5,272 | Common | SOLE |
| 36246K103 | GRX | Gabelli Healthcare & WellnessRx Trust/The | $272,758 | 0.13% | 31,790 | Common | SOLE |
| 23334J107 | DTF | DTF Tax-Free Income 2028 Term Fund Inc | $260,049 | 0.12% | 24,372 | Common | SOLE |
| 786449207 | — | Safeguard Scientifics Inc | $257,491 | 0.12% | 257,491 | Common | SOLE |
| 552738106 | MFM | MFS Municipal Income Trust | $256,775 | 0.12% | 56,434 | Common | SOLE |
| 84741T104 | SPE | Special Opportunities Fund Inc | $252,024 | 0.12% | 23,058 | Common | SOLE |
| 592834105 | MXE | Mexico Equity and Income Fund Inc/The | $241,138 | 0.12% | 25,653 | Common | SOLE |
| 95790A101 | IGI | Western Asset Investment Grade Defined Opportunity Trust Inc | $221,905 | 0.11% | 14,018 | Common | SOLE |
| 288578107 | EARN | Ellington Residential Mortgage REIT | $193,702 | 0.09% | 31,192 | Common | SOLE |
| 18914C100 | XGLQX | Clough Global Equity Fund | $171,650 | 0.08% | 31,323 | Common | SOLE |
| 67069Y102 | XNXJX | Nuveen New Jersey Quality Municipal Income Fund | $168,095 | 0.08% | 15,888 | Common | SOLE |
| 92262D101 | VEL | Velocity Financial Inc | $136,956 | 0.07% | 12,120 | Common | SOLE |
| 05588W108 | LEO | BNY Mellon Strategic Municipals Inc | $125,458 | 0.06% | 23,538 | Common | SOLE |
| 09255G107 | MPA | BlackRock MuniYield Pennsylvania Quality Fund | $118,934 | 0.06% | 11,469 | Common | SOLE |
| 06759L103 | BBDC | Barings BDC Inc | $104,666 | 0.05% | 11,747 | Common | SOLE |
| 95790D204 | — | Western Asset Mortgage Capital Corp | $99,715 | 0.05% | 10,608 | Common | SOLE |
| 09662E109 | DSM | BNY Mellon Strategic Municipal Bond Fund Inc | $79,639 | 0.04% | 16,024 | Common | SOLE |
| 880192109 | TEI | Templeton Emerging Markets Income Fund | $78,776 | 0.04% | 17,088 | Common | SOLE |
| 33733G109 | — | First Trust Specialty Finance and Financial Opportunities Fund | $40,892 | 0.02% | 12,134 | 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.