0000919574-25-001523.txt : 20250214 0000919574-25-001523.hdr.sgml : 20250214 20250214161206 ACCESSION NUMBER: 0000919574-25-001523 CONFORMED SUBMISSION TYPE: SCHEDULE 13G/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20250214 DATE AS OF CHANGE: 20250214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Braemar Hotels & Resorts Inc. CENTRAL INDEX KEY: 0001574085 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 462488594 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87737 FILM NUMBER: 25628754 BUSINESS ADDRESS: STREET 1: 14185 DALLAS PARKWAY STREET 2: SUITE 1100 CITY: DALLAS STATE: TX ZIP: 75254 BUSINESS PHONE: (972) 490-9600 MAIL ADDRESS: STREET 1: 14185 DALLAS PARKWAY STREET 2: SUITE 1100 CITY: DALLAS STATE: TX ZIP: 75254 FORMER COMPANY: FORMER CONFORMED NAME: Ashford Hospitality Prime, Inc. DATE OF NAME CHANGE: 20130410 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INFRASTRUCTURE CAPITAL ADVISORS, LLC CENTRAL INDEX KEY: 0001621802 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13G/A BUSINESS ADDRESS: STREET 1: 1325 AVENUE OF THE AMERICAS STREET 2: 28TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-763-8336 MAIL ADDRESS: STREET 1: 1325 AVENUE OF THE AMERICAS STREET 2: 28TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 SCHEDULE 13G/A 1 primary_doc.xml SCHEDULE 13G/A 0000919574-24-005959 0001621802 XXXXXXXX LIVE 6 5.50% Series B Cumulative Convertible Preferred Stock 12/31/2024 0001574085 Braemar Hotels & Resorts Inc. 10482B200 14185 Dallas Parkway, Suite 1100 Dallas TX 75254 Rule 13d-1(b) INFRASTRUCTURE CAPITAL ADVISORS, LLC b DE 0.00 0.00 0.00 0.00 0.00 N 0.0 IA OO VIRTUS INFRACAP U.S. PREFERRED STOCK ETF, A SERIES OF ETFIS SERIES TRUST 1 b DE 0.00 384752.00 0.00 384752.00 384752.00 N 12.5 IV OO JAY HATFIELD b X1 0.00 0.00 0.00 0.00 0.00 N 0.0 HC IN INFRACAP EQUITY INCOME FUND ETF, A SERIES OF SERIES PORTFOLIOS TRUST b DE 0.00 0.00 0.00 0.00 0.00 N 0.0 IV OO Braemar Hotels & Resorts Inc. 14185 Dallas Parkway, Suite 1100, Dallas, Texas 75254, United States of America Infrastructure Capital Advisors, LLC Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust 1 Jay Hatfield InfraCap Equity Income Fund ETF, a series of Series Portfolios Trust Infrastructure Capital Advisors, LLC 1325 Avenue of the Americas, 28th Floor New York, New York 10019 United States of America Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust 1 c/o Infrastructure Capital Advisors, LLC 1325 Avenue of the Americas, 28th Floor New York, New York 10019 United States of America Jay Hatfield c/o Infrastructure Capital Advisors, LLC 1325 Avenue of the Americas, 28th Floor New York, New York 10019 United States of America InfraCap Equity Income Fund ETF, a series of Series Portfolios Trust c/o Infrastructure Capital Advisors, LLC 1325 Avenue of Americas, 28th Floor New York, New York 10019 United States of America Infrastructure Capital Advisors, LLC - Delaware Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust 1 - Delaware Jay Hatfield - United States InfraCap Equity Income Fund ETF, a series of Series Portfolios Trust - Delaware N IV IA HC Infrastructure Capital Advisors, LLC - 0 Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust 1 - 384,752 Jay Hatfield - 0 InfraCap Equity Income Fund ETF, a series of Series Portfolios Trust - 0 Infrastructure Capital Advisors, LLC - 0.0% Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust 1 - 12.5% Jay Hatfield - 0.0% InfraCap Equity Income Fund ETF, a series of Series Portfolios Trust - 0.0% Infrastructure Capital Advisors, LLC - 0 Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust 1 - 0 Jay Hatfield - 0 InfraCap Equity Income Fund ETF, a series of Series Portfolios Trust - 0 Infrastructure Capital Advisors, LLC - 0 Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust 1 - 384,752 Jay Hatfield - 0 InfraCap Equity Income Fund ETF, a series of Series Portfolios Trust - 0 Infrastructure Capital Advisors, LLC - 0 Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust 1 - 0 Jay Hatfield - 0 InfraCap Equity Income Fund ETF, a series of Series Portfolios Trust - 0 Infrastructure Capital Advisors, LLC - 0 Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust 1 - 384,752 Jay Hatfield - 0 InfraCap Equity Income Fund ETF, a series of Series Portfolios Trust - 0 Y N All of the shares of the 5.50% Series B Cumulative Convertible Preferred Stock reported in this Schedule 13G are held in the accounts of Infrastructure Capital Advisors, LLC's clients, none of which, other than Virtus InfraCap U.S. Preferred Stock ETF, a Series of ETFis Series Trust I, individually owns more than 5% of the 5.50% Series B Cumulative Convertible Preferred Stock. N Please see Exhibit B attached hereto. Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Exhibit A - Joint Filing Agreement Exhibit B - Control Person Identification INFRASTRUCTURE CAPITAL ADVISORS, LLC By: /s/ Samuel Caffrey-Agoglia Samuel Caffrey-Agoglia, General Counsel and Chief Compliance Officer 02/14/2025 VIRTUS INFRACAP U.S. PREFERRED STOCK ETF, A SERIES OF ETFIS SERIES TRUST 1 By: /s/ Samuel Caffrey-Agoglia Samuel Caffrey-Agoglia, General Counsel and Chief Compliance Officer of Infrastructure Capital Advisors, LLC, its subadviser 02/14/2025 JAY HATFIELD By: /s/ Jay Hatfield Jay Hatfield 02/14/2025 INFRACAP EQUITY INCOME FUND ETF, A SERIES OF SERIES PORTFOLIOS TRUST By: /s/ Samuel Caffrey-Agoglia Samuel Caffrey-Agoglia, General Counsel and Chief Compliance Officer of Infrastructure Capital Advisors, LLC, its adviser 02/14/2025 * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class. EX-99 2 d11610026_ex99-a.htm

 

 

 

 

Exhibit A

JOINT FILING AGREEMENT

The undersigned agree that this Schedule 13G Amendment No. 6 dated February 14, 2025 relating to the 5.50% Series B Cumulative Convertible Preferred Stock, of Braemar Hotels & Resorts Inc. shall be filed on behalf of the undersigned.

 

INFRASTRUCTURE CAPITAL ADVISORS, LLC

 

By: /s/ Samuel Caffrey-Agoglia

  Name: Samuel Caffrey-Agoglia
  Title:   General Counsel and Chief Compliance Officer

 

 

 

VIRTUS INFRACAP U.S. PREFERRED STOCK ETF, A SERIES OF ETFIS SERIES TRUST 1

 

By: /s/ Samuel Caffrey-Agoglia

  Name: Samuel Caffrey-Agoglia
  Title:   General Counsel and Chief Compliance Officer of Infrastructure Capital Advisors, LLC, its subadviser

 

 

 

JAY HATFIELD

 

By: /s/ Jay Hatfield

 

 

 

INFRACAP EQUITY INCOME FUND ETF, A SERIES OF SERIES PORTFOLIOS TRUST

 

By: /s/ Samuel Caffrey-Agoglia

  Name: Samuel Caffrey-Agoglia
  Title:   General Counsel and Chief Compliance Officer of Infrastructure Capital Advisors, LLC, its adviser

 

 

 EX-99 3 d11610026_ex99-b.htm

 

 

 

Exhibit B

CONTROL PERSON IDENTIFICATION

Infrastructure Capital Advisors, LLC is the relevant entity for which Jay Hatfield may be considered a control person.