13F HOLDINGS REPORT
Almitas Capital LLC
Quarter ended Q2 2023 · Filed May 15, 2023 · Accession 0001104659-23-060585
Total Value
$209.3M
Positions
97
Other Managers
0
Confidential Omitted
No
Holdings (97)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Great Ajax Corp | 38983D409 | 786,337 | $19.0M | 9.09% |
| 2 | BlackRock ESG Capital Allocation Term Trust | BLK | 1,099,880 | $17.2M | 8.20% |
| 3 | BrightSpire Capital Inc | BRSP | 2,055,715 | $12.1M | 5.80% |
| 4 | Nuveen Core Plus Impact Fund | NPCT | 1,065,181 | $10.9M | 5.20% |
| 5 | BlackRock California Municipal Income Trust | BLK | 748,173 | $8.8M | 4.18% |
| 6 | Templeton Global Income Fund | 880198106 | 1,514,599 | $6.7M | 3.18% |
| 7 | PennantPark Investment Corp | 708062104 | 1,236,092 | $6.5M | 3.12% |
| 8 | Nuveen Intermediate Duration Quality Municipal Term Fund | NU | 482,996 | $6.2M | 2.95% |
| 9 | Center Coast Brookfield MLP & Energy Infrastructure Fund | 151461209 | 295,700 | $5.7M | 2.72% |
| 10 | Vertical Capital Income Fund | CCID | 546,229 | $5.4M | 2.56% |
| 11 | Tortoise Midstream Energy Fund Inc | 89148B200 | 152,698 | $5.1M | 2.43% |
| 12 | FS Credit Opportunities Corp | FSCO | 1,121,867 | $5.0M | 2.38% |
| 13 | MFA Financial Inc | 55272X607 | 485,131 | $4.8M | 2.30% |
| 14 | Annaly Capital Management Inc | NLY-PJ | 227,532 | $4.3M | 2.08% |
| 15 | Great Ajax Corp | 38983D300 | 658,781 | $4.3M | 2.07% |
| 16 | General American Investors Co Inc | 368802104 | 109,764 | $4.3M | 2.04% |
| 17 | New York Mortgage Trust Inc | ADAMZ | 408,845 | $4.1M | 1.95% |
| 18 | Two Harbors Investment Corp | 90187BAB7 | 4,250,000 | $3.7M | 1.74% |
| 19 | ClearBridge MLP & Midstream Total Return Fund Inc | 18469Q207 | 124,337 | $3.6M | 1.72% |
| 20 | Eaton Vance New York Municipal Bond Fund | ETN | 361,813 | $3.5M | 1.68% |
| 21 | Nuveen Corporate Income 2023 Target Term Fund | NU | 298,310 | $2.7M | 1.31% |
| 22 | Radian Group Inc | RDN | 111,917 | $2.5M | 1.18% |
| 23 | MFS Investment Grade Municipal Trust | 59318B108 | 331,202 | $2.4M | 1.17% |
| 24 | Western Asset Mortgage Capital Corp | 95790DAD7 | 2,750,000 | $2.4M | 1.14% |
| 25 | Eaton Vance California Municipal Bond Fund | ETN | 259,943 | $2.3M | 1.12% |
| 26 | Miller/Howard High Dividend Fund | 600379101 | 220,093 | $2.2M | 1.06% |
| 27 | Dynex Capital Inc | DX-PC | 170,808 | $2.1M | 0.99% |
| 28 | Barings Participation Investors | 06761A103 | 147,690 | $1.9M | 0.90% |
| 29 | Wheeler Real Estate Investment Trust Inc | 963025606 | 150,197 | $1.9M | 0.90% |
| 30 | Goldman Sachs MLP Energy and Renaissance Fund | NVGLF | 143,484 | $1.9M | 0.90% |
| 31 | Crescent Capital BDC Inc | 225655109 | 136,780 | $1.9M | 0.89% |
| 32 | Ladder Capital Corp | LADR | 196,940 | $1.9M | 0.89% |
| 33 | MGIC Investment Corp | 552848103 | 136,205 | $1.8M | 0.87% |
| 34 | MFA Financial Inc | 55272XAA0 | 1,767,000 | $1.7M | 0.80% |
| 35 | Morgan Stanley India Investment Fund Inc | MS-PQ | 85,937 | $1.7M | 0.80% |
| 36 | ClearBridge Energy Midstream Opportunity Fund Inc | 18469P209 | 56,373 | $1.6M | 0.76% |
| 37 | Morgan Stanley Emerging Markets Domestic Debt Fund Inc | MS-PQ | 333,683 | $1.5M | 0.72% |
| 38 | Barings Corporate Investors | 06759X107 | 104,971 | $1.5M | 0.71% |
| 39 | Taiwan Fund Inc/The/MD | 874036106 | 54,065 | $1.5M | 0.70% |
| 40 | SRH Total Return Fund Inc | STEW | 117,681 | $1.4M | 0.69% |
| 41 | Orchid Island Capital Inc | 68571X301 | 132,419 | $1.4M | 0.68% |
| 42 | New America High Income Fund Inc/The | 641876800 | 203,051 | $1.4M | 0.66% |
| 43 | Safeguard Scientifics Inc | SFES | 796,632 | $1.4M | 0.65% |
| 44 | Reading International Inc | 755408101 | 372,975 | $1.2M | 0.58% |
| 45 | Mexico Fund Inc/The | 592835102 | 71,023 | $1.2M | 0.58% |
| 46 | Western Asset Mortgage Capital Corp | 95790D204 | 130,357 | $1.2M | 0.57% |
| 47 | Western Asset Inflation-Linked Opportunities & Income Fund | 95766R104 | 123,734 | $1.1M | 0.54% |
| 48 | Central Securities Corp | 155123102 | 29,376 | $1.0M | 0.49% |
| 49 | Nuveen Senior Income Fund | NU | 216,713 | $999,047 | 0.48% |
| 50 | Nuveen Mortgage and Income Fund | NU | 59,890 | $955,844 | 0.46% |
| 51 | First Trust Senior Floating Rate Income Fund II | 33733U108 | 88,191 | $877,500 | 0.42% |
| 52 | NXG NextGen Infrastructure Income Fund | 231647207 | 22,499 | $825,038 | 0.39% |
| 53 | Barings BDC Inc | BBDC | 103,332 | $820,456 | 0.39% |
| 54 | Nuveen Pennsylvania Quality Municipal Income Fund | NU | 68,789 | $786,258 | 0.38% |
| 55 | Japan Smaller Capitalization Fund Inc | JOF | 100,490 | $694,386 | 0.33% |
| 56 | Ellington Residential Mortgage REIT | ELLA | 94,994 | $693,456 | 0.33% |
| 57 | BlackRock MuniYield Pennsylvania Quality Fund | BLK | 55,167 | $647,661 | 0.31% |
| 58 | Templeton Emerging Markets Income Fund | 880192109 | 121,994 | $618,510 | 0.30% |
| 59 | First Trust High Yield Opportunities 2027 Term Fund | 33741Q107 | 44,293 | $618,330 | 0.30% |
| 60 | Nicholas Financial Inc | NODK | 91,670 | $563,505 | 0.27% |
| 61 | Adecoagro SA | AGRO | 69,592 | $562,999 | 0.27% |
| 62 | PhenixFIN Corp | PFXNZ | 15,337 | $552,148 | 0.26% |
| 63 | BlackRock Capital Investment Corp | BLK | 149,801 | $516,813 | 0.25% |
| 64 | Western Asset Emerging Markets Debt Fund Inc | 95766A101 | 59,346 | $509,782 | 0.24% |
| 65 | Tortoise Energy Infrastructure Corp | TYG | 15,244 | $448,174 | 0.21% |
| 66 | Western Asset Intermediate Muni Fund Inc | 958435109 | 55,971 | $442,552 | 0.21% |
| 67 | PennyMac Corp | 70932AAF0 | 500,000 | $433,841 | 0.21% |
| 68 | Kayne Anderson NextGen Energy & Infrastructure Inc | 48661E108 | 55,699 | $427,768 | 0.20% |
| 69 | Nuveen Floating Rate Income Opportunity Fund | 6706EN100 | 51,500 | $413,030 | 0.20% |
| 70 | MainStay CBRE Global Infrastructure Megatrends Fund | 56064Q107 | 23,972 | $340,402 | 0.16% |
| 71 | Ecofin Sustainable and Social | 27901F109 | 25,603 | $332,071 | 0.16% |
| 72 | Eaton Vance California Municipal Income Trust | ETN | 31,947 | $326,818 | 0.16% |
| 73 | BNY Mellon Municipal Income Inc | 05589T104 | 49,149 | $318,977 | 0.15% |
| 74 | Calamos Long/Short Equity & Dynamic Income Trust | 12812C106 | 20,500 | $316,725 | 0.15% |
| 75 | Morgan Stanley China A Share Fund Inc | MS-PQ | 21,300 | $305,868 | 0.15% |
| 76 | DTF Tax-Free Income 2028 Term Fund Inc | DTF | 25,989 | $287,909 | 0.14% |
| 77 | BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc | 05588N108 | 37,460 | $283,947 | 0.14% |
| 78 | Tortoise Pipeline & Energy Fund Inc | 89148H207 | 10,412 | $267,640 | 0.13% |
| 79 | DWS Strategic Municipal Income Trust | 23342Q101 | 31,151 | $264,160 | 0.13% |
| 80 | Mexico Equity and Income Fund Inc/The | 592834105 | 25,553 | $257,319 | 0.12% |
| 81 | Special Opportunities Fund Inc | 84741T104 | 22,361 | $244,629 | 0.12% |
| 82 | RiverNorth/DoubleLine Strategic Opportunity Fund Inc | OPP-PC | 27,200 | $232,832 | 0.11% |
| 83 | Clough Global Equity Fund | 18914C100 | 36,637 | $222,020 | 0.11% |
| 84 | Morgan Stanley Emerging Markets Debt Fund Inc | MS-PQ | 33,060 | $212,906 | 0.10% |
| 85 | Apollo Senior Floating Rate Fund Inc | 037636107 | 16,801 | $212,197 | 0.10% |
| 86 | Citigroup Inc | C-PR | 4,500 | $211,005 | 0.10% |
| 87 | PGIM Short Duration High Yield Opportunities Fund | 69355J104 | 13,654 | $202,352 | 0.10% |
| 88 | First Trust Specialty Finance and Financial Opportunities Fund | 33733G109 | 61,254 | $192,338 | 0.09% |
| 89 | Tiptree Inc | TIPT | 13,120 | $191,158 | 0.09% |
| 90 | Nuveen Credit Strategies Income Fund | NU | 35,850 | $183,194 | 0.09% |
| 91 | Nuveen California Quality Municipal Income Fund | NU | 13,600 | $149,736 | 0.07% |
| 92 | New Germany Fund Inc/The | 644465106 | 15,100 | $137,259 | 0.07% |
| 93 | Velocity Financial Inc | 92262D101 | 12,120 | $109,444 | 0.05% |
| 94 | Clough Global Dividend and Income Fund | 18913Y103 | 18,338 | $105,994 | 0.05% |
| 95 | DWS Municipal Income Trust | 233368109 | 10,708 | $95,301 | 0.05% |
| 96 | Credit Suisse High Yield Bond Fund | DHY | 50,000 | $94,500 | 0.05% |
| 97 | Pioneer Floating Rate Fund Inc | PHD | 10,000 | $87,000 | 0.04% |