13F HOLDINGS REPORT
Smith Asset Management Co., LLC
Quarter ended Q3 2025 · Filed November 3, 2025 · Accession 0001172661-25-004549
Total Value
$115.8M
Positions
69
Other Managers
0
Confidential Omitted
No
Holdings (69)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ARES CAPITAL CORP | ARCC | 294,182 | $6.5M | 5.58% |
| 2 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 12,931 | $6.3M | 5.42% |
| 3 | NUVEEN PFD SECS & INC OPPTY | NU | 241,976 | $5.0M | 4.34% |
| 4 | ALLIANCEBERNSTEIN GLOBAL HIG | AWF | 415,632 | $4.6M | 3.95% |
| 5 | CALAMOS STRATEGIC TOTAL RETU | CSQ | 229,072 | $4.2M | 3.61% |
| 6 | DNP SELECT INCOME FD INC | 23325P104 | 422,413 | $4.1M | 3.57% |
| 7 | COHEN & STEERS TOTAL RETURN | 19247R103 | 341,901 | $4.1M | 3.56% |
| 8 | BARINGS CORPORATE INVS | 06759X107 | 187,604 | $4.1M | 3.51% |
| 9 | EQUITABLE HLDGS INC | EQH-PC | 67,416 | $3.8M | 3.26% |
| 10 | SPDR S&P 500 ETF TR | SPY | 5,704 | $3.5M | 3.04% |
| 11 | FIRST TR ENHANCED EQUITY INC | 337318109 | 162,181 | $3.3M | 2.87% |
| 12 | BLACKROCK CR ALLOCATION INCO | BLK | 294,548 | $3.2M | 2.78% |
| 13 | BLACKROCK ENHANCED INTL DIV | BLK | 544,546 | $3.2M | 2.72% |
| 14 | REAVES UTIL INCOME FD | 756158101 | 79,937 | $2.9M | 2.50% |
| 15 | NUVEEN PFD & INCOME OPPORTUN | NU | 353,052 | $2.8M | 2.44% |
| 16 | COHEN & STEERS SELECT PFD & | 19248Y107 | 135,886 | $2.7M | 2.36% |
| 17 | COHEN & STEERS INFRASTRUCTUR | 19248A109 | 100,914 | $2.7M | 2.35% |
| 18 | PIMCO CORPORATE & INCOME OPP | PTY | 184,908 | $2.6M | 2.22% |
| 19 | VANGUARD WORLD FD | 92204A702 | 3,792 | $2.5M | 2.17% |
| 20 | PIMCO DYNAMIC INCOME FD | 72201Y101 | 127,215 | $2.4M | 2.08% |
| 21 | PIMCO CORPORATE & INCM STRG | 72200U100 | 182,712 | $2.3M | 2.00% |
| 22 | FLAHERTY & CRUMRINE TOTAL RE | FLC | 132,823 | $2.3M | 1.95% |
| 23 | ANNALY CAPITAL MANAGEMENT IN | NLY-PJ | 117,644 | $2.2M | 1.91% |
| 24 | FLAHERTY & CRUMRINE DYNAMIC | DFP | 100,089 | $2.1M | 1.77% |
| 25 | APPLE INC | AAPL | 9,515 | $2.0M | 1.69% |
| 26 | BLACKROCK DEBT STRATEGIES FD | BLK | 180,370 | $1.9M | 1.64% |
| 27 | ABRDN HEALTHCARE INVESTORS | HQH | 119,520 | $1.9M | 1.60% |
| 28 | WSTRN AST GLBL CORP OPP FD I | 95790C107 | 128,440 | $1.5M | 1.31% |
| 29 | BARINGS PARTN INVS | 06761A103 | 74,737 | $1.5M | 1.30% |
| 30 | ABRDN GLOBAL INFRA INCOME FU | 00326W106 | 69,406 | $1.4M | 1.22% |
| 31 | VANGUARD WORLD FD | 92204A603 | 4,984 | $1.4M | 1.20% |
| 32 | BLACKROCK UTILS INFRASTRUCTU | BLK | 50,892 | $1.3M | 1.13% |
| 33 | SOURCE CAPITAL | SOR | 28,060 | $1.2M | 1.05% |
| 34 | FLAHERTY & CRUMRINE PFD SECS | 338478100 | 71,364 | $1.2M | 1.00% |
| 35 | NUVEEN AMT FREE MUN CR INC F | NU | 93,710 | $1.1M | 0.97% |
| 36 | AMAZON COM INC | AMZN | 4,862 | $1.1M | 0.92% |
| 37 | GUGGENHEIM STRATEGIC OPPORTU | GOF | 70,716 | $1.1M | 0.91% |
| 38 | FLAHERTY & CRUMRINE PFD INCO | 338480106 | 76,132 | $861,060 | 0.74% |
| 39 | SUBURBAN PROPANE PARTNERS L | SPH | 42,520 | $787,904 | 0.68% |
| 40 | BLACKROCK LTD DURATION INCOM | BLK | 52,463 | $743,927 | 0.64% |
| 41 | PHOENIX NEW MEDIA LTD | FENG | 332,777 | $722,163 | 0.62% |
| 42 | VANGUARD INDEX FDS | 922908744 | 3,990 | $705,181 | 0.61% |
| 43 | OMEGA HEALTHCARE INVS INC | 681936100 | 18,138 | $664,790 | 0.57% |
| 44 | COHEN & STEERS REIT & PFD & | 19247X100 | 29,020 | $660,789 | 0.57% |
| 45 | BLACKROCK CORPOR HI YLD FD I | BLK | 65,669 | $640,278 | 0.55% |
| 46 | VANGUARD INDEX FDS | 922908751 | 2,359 | $559,048 | 0.48% |
| 47 | IRON MTN INC DEL | 46284V101 | 5,215 | $534,902 | 0.46% |
| 48 | MORGAN STANLEY EMKT DBT FD I | MS-PQ | 67,799 | $524,087 | 0.45% |
| 49 | COLUMBIA SELIGM PREM TECH GR | 19842X109 | 16,000 | $486,564 | 0.42% |
| 50 | SELECT SECTOR SPDR TR | 81369Y209 | 3,603 | $485,649 | 0.42% |
| 51 | HEALTHPEAK PROPERTIES INC | DOC | 27,583 | $482,993 | 0.42% |
| 52 | VANGUARD INDEX FDS | 922908538 | 1,692 | $481,187 | 0.42% |
| 53 | SPDR SERIES TRUST | 78464A854 | 6,480 | $471,027 | 0.41% |
| 54 | WALMART INC | WMT | 4,410 | $431,210 | 0.37% |
| 55 | SEVEN HILLS REALTY TRUST | SEVN | 33,035 | $398,740 | 0.34% |
| 56 | INVESCO QQQ TR | IVZ | 714 | $393,871 | 0.34% |
| 57 | VANGUARD WORLD FD | 92204A306 | 3,023 | $360,100 | 0.31% |
| 58 | BLACKROCK HEALTH SCIENCES TR | BLK | 9,666 | $352,425 | 0.30% |
| 59 | DUKE ENERGY CORP NEW | DUKB | 2,858 | $337,244 | 0.29% |
| 60 | BLACKROCK MUN TARGET TERM TR | BLK | 14,689 | $321,564 | 0.28% |
| 61 | FLAHERTY & CRUMRINE PFD INCO | 33848E106 | 32,193 | $297,786 | 0.26% |
| 62 | SELECT SECTOR SPDR TR | 81369Y605 | 4,936 | $258,501 | 0.22% |
| 63 | LIBERTY ALL-STAR GROWTH FD I | 529900102 | 42,229 | $230,992 | 0.20% |
| 64 | ALTRIA GROUP INC | MO | 3,921 | $229,899 | 0.20% |
| 65 | ALLIANCEBERNSTEIN NATL MUN I | 01864U106 | 18,203 | $187,672 | 0.16% |
| 66 | WESTERN ASSET PREMIER BD FD | 957664105 | 12,429 | $134,856 | 0.12% |
| 67 | LIBERTY ALL STAR EQUITY FD | 530158104 | 18,651 | $127,018 | 0.11% |
| 68 | DIVERSIFIED HEALTHCARE TR | DHCNL | 22,743 | $81,420 | 0.07% |
| 69 | SERVICE PPTYS TR | 81761L102 | 18,827 | $45,003 | 0.04% |