13F HOLDINGS REPORT
Almitas Capital LLC
Quarter ended Q4 2023 · Filed November 14, 2023 · Accession 0001596468-23-000004
Total Value
$12.5M
Positions
94
Other Managers
0
Confidential Omitted
No
Holdings (94)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Two Harbors Investment Corp | 90187BAB7 | 8,500,000 | $7.7M | 61.23% |
| 2 | PennyMac Corp | 70932AAF0 | 1,000,000 | $909,710 | 7.28% |
| 3 | Great Ajax Corp | 38983D409 | 1,787,292 | $428,950 | 3.43% |
| 4 | BlackRock ESG Capital Allocation Term Trust | BLK | 1,995,736 | $285,390 | 2.28% |
| 5 | Nuveen Core Plus Impact Fund | NPCT | 3,049,894 | $274,490 | 2.20% |
| 6 | Templeton Global Income Fund | 880198106 | 6,195,630 | $245,347 | 1.96% |
| 7 | Miller/Howard High Dividend Fund | 600379101 | 2,122,616 | $203,559 | 1.63% |
| 8 | Center Coast Brookfield MLP & Energy Infrastructure Fund | 151461209 | 591,400 | $122,597 | 0.98% |
| 9 | PIMCO Energy & Tactical Credit Opportunities Fund | PDX | 609,642 | $115,832 | 0.93% |
| 10 | Tortoise Midstream Energy Fund Inc | 89148B200 | 324,246 | $107,488 | 0.86% |
| 11 | BlackRock California Municipal Income Trust | BLK | 1,056,750 | $105,041 | 0.84% |
| 12 | General American Investors Co Inc | 368802104 | 238,812 | $91,552 | 0.73% |
| 13 | Eaton Vance New York Municipal Bond Fund | ETN | 1,148,856 | $90,300 | 0.72% |
| 14 | BrightSpire Capital Inc | BRSP | 1,511,420 | $85,546 | 0.68% |
| 15 | Nuveen Corporate Income 2023 Target Term Fund | NU | 827,968 | $79,568 | 0.64% |
| 16 | ClearBridge MLP & Midstream Total Return Fund Inc | 18469Q207 | 252,532 | $77,805 | 0.62% |
| 17 | First Trust Dynamic Europe Equity Income Fund | 33740D107 | 634,938 | $77,653 | 0.62% |
| 18 | MFS Investment Grade Municipal Trust | 59318B108 | 1,085,282 | $72,171 | 0.58% |
| 19 | Great Ajax Corp | 38983D300 | 1,615,244 | $69,779 | 0.56% |
| 20 | Nuveen Pennsylvania Quality Municipal Income Fund | NU | 688,472 | $67,264 | 0.54% |
| 21 | Eaton Vance California Municipal Bond Fund | ETN | 815,082 | $62,517 | 0.50% |
| 22 | NXG NextGen Infrastructure Income Fund | 231647207 | 184,710 | $61,333 | 0.49% |
| 23 | New York Mortgage Trust Inc | ADAMZ | 785,690 | $61,205 | 0.49% |
| 24 | BlackRock Capital Investment Corp | BLK | 1,707,394 | $55,832 | 0.45% |
| 25 | PGIM Short Duration High Yield Opportunities Fund | 69355J104 | 384,322 | $53,959 | 0.43% |
| 26 | Morgan Stanley India Investment Fund Inc | MS-PQ | 227,304 | $48,643 | 0.39% |
| 27 | Morgan Stanley Emerging Markets Domestic Debt Fund Inc | MS-PQ | 1,097,592 | $47,526 | 0.38% |
| 28 | Tortoise Energy Infrastructure Corp | TYG | 170,546 | $47,122 | 0.38% |
| 29 | Mexico Fund Inc/The | 592835102 | 311,292 | $47,005 | 0.38% |
| 30 | VMware Inc | 928563402 | 30,816 | $44,884 | 0.36% |
| 31 | Taiwan Fund Inc/The/MD | 874036106 | 157,848 | $44,718 | 0.36% |
| 32 | Destra Multi-Alternative Fund | 25065A502 | 712,028 | $43,363 | 0.35% |
| 33 | MFA Financial Inc | 55272X607 | 440,942 | $39,200 | 0.31% |
| 34 | BNY Mellon Municipal Income Inc | 05589T104 | 685,488 | $37,222 | 0.30% |
| 35 | Nuveen Preferred & Income Term Fund | NU | 222,152 | $36,633 | 0.29% |
| 36 | New America High Income Fund Inc/The | 641876800 | 532,396 | $34,073 | 0.27% |
| 37 | SRH Total Return Fund Inc | STEW | 265,762 | $33,220 | 0.27% |
| 38 | BlackRock Health Sciences Trust II | BLK | 208,388 | $27,278 | 0.22% |
| 39 | Western Asset Inflation-Linked Opportunities & Income Fund | 95766R104 | 329,466 | $26,983 | 0.22% |
| 40 | Central Securities Corp | 155123102 | 72,966 | $24,832 | 0.20% |
| 41 | Calamos Long/Short Equity & Dynamic Income Trust | 12812C106 | 174,260 | $23,926 | 0.19% |
| 42 | Arlington Asset Investment Corp | 041356205 | 571,770 | $23,728 | 0.19% |
| 43 | Eaton Vance California Municipal Income Trust | ETN | 262,236 | $23,313 | 0.19% |
| 44 | DWS Strategic Municipal Income Trust | 23342Q101 | 297,086 | $21,658 | 0.17% |
| 45 | MFS High Income Municipal Trust | 59318D104 | 693,236 | $21,074 | 0.17% |
| 46 | Delaware Investments National Municipal Income Fund | 24610T108 | 216,002 | $17,388 | 0.14% |
| 47 | Carlyle Credit Income Fund | CCID | 212,594 | $16,093 | 0.13% |
| 48 | DWS Municipal Income Trust | 233368109 | 187,092 | $13,994 | 0.11% |
| 49 | ClearBridge Energy Midstream Opportunity Fund Inc | 18469P209 | 43,906 | $13,664 | 0.11% |
| 50 | Clough Global Dividend and Income Fund | 18913Y103 | 276,446 | $13,546 | 0.11% |
| 51 | BlackRock 2030 Municipal Target Term Trust | BLK | 66,800 | $12,939 | 0.10% |
| 52 | Radian Group Inc | RDN | 50,718 | $12,852 | 0.10% |
| 53 | MGIC Investment Corp | 552848103 | 75,852 | $12,773 | 0.10% |
| 54 | Japan Smaller Capitalization Fund Inc | JOF | 184,176 | $12,653 | 0.10% |
| 55 | Reading International Inc | 755408101 | 641,168 | $11,862 | 0.09% |
| 56 | Morgan Stanley China A Share Fund Inc | MS-PQ | 96,850 | $11,428 | 0.09% |
| 57 | Voya Infrastructure Industrials and Materials Fund | 92912X101 | 128,318 | $11,356 | 0.09% |
| 58 | PhenixFIN Corp | PFXNZ | 30,675 | $11,350 | 0.09% |
| 59 | BlackRock MuniHoldings California Quality Fund | BLK | 119,322 | $11,025 | 0.09% |
| 60 | Blackstone Strategic Credit 2027 Term Fund | BX | 96,222 | $10,238 | 0.08% |
| 61 | Barings Participation Investors | 06761A103 | 70,366 | $9,922 | 0.08% |
| 62 | Invesco Pennsylvania Value Municipal Income Trust | IVZ | 112,058 | $9,693 | 0.08% |
| 63 | Nicholas Financial Inc | NODK | 206,048 | $9,684 | 0.08% |
| 64 | Kayne Anderson NextGen Energy & Infrastructure Inc | 48661E108 | 124,456 | $8,538 | 0.07% |
| 65 | Neuberger Berman California Municipal Fund Inc | 64123C101 | 86,820 | $8,239 | 0.07% |
| 66 | Ladder Capital Corp | LADR | 80,862 | $8,175 | 0.07% |
| 67 | Western Asset Intermediate Muni Fund Inc | 958435109 | 113,206 | $7,947 | 0.06% |
| 68 | Ecofin Sustainable and Social | 27901F109 | 65,226 | $7,396 | 0.06% |
| 69 | Blackstone Senior Floating Rate 2027 Term Fund | BX | 52,872 | $6,768 | 0.05% |
| 70 | WHEELER REIT INC | 963025804 | 10,544 | $6,120 | 0.05% |
| 71 | DTF Tax-Free Income 2028 Term Fund Inc | DTF | 48,744 | $5,123 | 0.04% |
| 72 | Safeguard Scientifics Inc | SFES | 514,982 | $5,098 | 0.04% |
| 73 | The Gabelli Healthcare and WellnessRx Trust | 36246K103 | 63,580 | $5,067 | 0.04% |
| 74 | MFS Municipal Income Trust | 552738106 | 112,868 | $5,000 | 0.04% |
| 75 | Special Opportunities Fund Inc | 84741T104 | 46,116 | $4,768 | 0.04% |
| 76 | Mexico Equity and Income Fund Inc/The | 592834105 | 51,306 | $4,551 | 0.04% |
| 77 | Western Asset Investment Grade Defined Opportunity Trust Inc | 95790A101 | 28,036 | $4,290 | 0.03% |
| 78 | Clough Global Equity Fund | 18914C100 | 62,646 | $3,295 | 0.03% |
| 79 | Ellington Residential Mortgage REIT | ELLA | 62,384 | $3,294 | 0.03% |
| 80 | Nuveen New Jersey Quality Municipal Income Fund | NU | 31,776 | $3,228 | 0.03% |
| 81 | Velocity Financial Inc | 92262D101 | 24,240 | $2,800 | 0.02% |
| 82 | BNY Mellon Strategic Municipals Inc | 05588W108 | 47,076 | $2,391 | 0.02% |
| 83 | BlackRock MuniYield Pennsylvania Quality Fund | BLK | 22,938 | $2,298 | 0.02% |
| 84 | Barings BDC Inc | BBDC | 23,494 | $2,077 | 0.02% |
| 85 | Western Asset Mortgage Capital Corp | 95790D204 | 21,216 | $1,748 | 0.01% |
| 86 | Invesco Trust For Investment Grade New York Municipals | IVZ | 19,378 | $1,663 | 0.01% |
| 87 | Templeton Emerging Markets Income Fund | 880192109 | 34,176 | $1,552 | 0.01% |
| 88 | BNY Mellon Strategic Municipal Bond Fund Inc | 09662E109 | 32,048 | $1,525 | 0.01% |
| 89 | BlackRock MuniYield New York Quality Fund Inc | BLK | 15,922 | $1,372 | 0.01% |
| 90 | BlackRock New York Municipal Income Trust | BLK | 15,306 | $1,344 | 0.01% |
| 91 | Nuveen Floating Rate Income Fund/Closed-end Fund | 67072T108 | 17,170 | $1,344 | 0.01% |
| 92 | Alliance National Municipal Income Fund, Inc | 01864U106 | 12,980 | $1,177 | 0.01% |
| 93 | First Trust Specialty Finance and Financial Opportunities Fund | 33733G109 | 24,268 | $743 | 0.01% |
| 94 | Clough Global Opportunities Fund | GLO | 15,738 | $661 | 0.01% |