BANK OF AMERICA CORP 6.100000% MATURITY: PERPETUAL

NPORT-P false 0000890540 XXXXXXXX S000038408 C000118457 C000118456 C000118458 ADVISORS' INNER CIRCLE FUND II 811-07102 0000890540 549300OEHDTB2ALCAX69 ONE FREEDOM VALLEY DRIVE OAKS 19456 8774463863 Hancock Diversified Income Fund S000038408 5493005LIETSGHTT0Z65 2021-01-31 2020-07-31 N 35753141.27 2442709.55 33310431.72 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 USD N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORP 6.100000% MATURITY: PERPETUAL 060505EN0 250000.00000000 PA USD 274375.00000000 0.823690915525 Long DBT CORP US N 2 2168-09-17 Fixed 6.10000000 N N N N N N VENTAS, INC. ORQTRC074CWLT3DKHT41 VENTAS INC REIT 92276F100 2825.00000000 NS USD 108367.00000000 0.325324513686 Long EC US N 1 N N N PRUDENTIAL FINANCIAL, INC. 5PRBRS5FEH7NREC8OR45 PRUDENTIAL FINANCIAL INC COMMON STOCK 744320102 1301.00000000 NS USD 82444.37000000 0.247503156647 Long EC US N 1 N N N VALERO ENERGY CORPORATION 549300XTO5VR8SKV1V74 VALERO ENERGY CORP COMMON STOCK 91913Y100 1842.00000000 NS USD 103575.66000000 0.310940611249 Long EC US N 1 N N N NEW YORK COMMUNITY BANCORP, INC. 529900HVXOTLY61GL030 NEW YORK COMMUNITY BANCORP COMMON STOCK 649445103 21193.00000000 NS USD 223162.29000000 0.669947156121 Long EC US N 1 N N N AMGEN INC. 62QBXGPJ34PQ72Z12S66 AMGEN INC COMMON STOCK 031162100 863.00000000 NS USD 211150.21000000 0.633886140458 Long EC US N 1 N N N PFIZER INC. 765LHXWGK1KXCLTFYQ30 PFIZER INC COMMON STOCK 717081103 3833.00000000 NS USD 147493.84000000 0.442785735230 Long EC US N 1 N N N IRON MOUNTAIN INCORPORATED SQL3F6CKNNBM3SQGHX24 IRON MOUNTAIN INC REIT 46284V101 3915.00000000 NS USD 110363.85000000 0.331319182314 Long EC US N 1 N N N UNUM GROUP 549300E32YFDO6TZ8R31 UNUM GROUP COMMON STOCK 91529Y106 4292.00000000 NS USD 73951.16000000 0.222006008873 Long EC US N 1 N N N AT&T INC. 549300Z40J86GGSTL398 AT&T INC COMMON STOCK 00206R102 7946.00000000 NS USD 235042.68000000 0.705612830165 Long EC US N 1 N N N THE INTERPUBLIC GROUP OF COMPANIES, INC. 5493008IUOJ5VWTRC333 INTERPUBLIC GROUP OF COS INC COMMON STOCK 460690100 6291.00000000 NS USD 113552.55000000 0.340891859206 Long EC US N 1 N N N GREIF, INC. 54930070FVGKR0Z1FI24 GREIF INC-CL A COMMON STOCK 397624107 3627.00000000 NS USD 126183.33000000 0.378810250976 Long EC US N 1 N N N CITIGROUP INC. 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 5.950000% MATURITY: PERPETUAL 172967GD7 250000.00000000 PA USD 259845.00000000 0.780070946495 Long DBT CORP US N 2 2169-07-30 Fixed 5.95000000 N N N N N N THE ESTEE LAUDER COMPANIES INC. 549300VFZ8XJ9NUPU221 ESTEE LAUDER COMPANIES-CL A COMMON STOCK 518439104 697.00000000 NS USD 137685.38000000 0.413340124671 Long EC US N 1 N N N NORTHERN TRUST CORPORATION 549300GLF98S992BC502 Northern Trust Corp PREFERRED STOCK 665859856 10000.00000000 NS USD 270900.00000000 0.813258748121 Long EP US N 2 N N N ALEXANDRIA REAL ESTATE EQUITIES, INC. MGCJBT4MKTQBVLNUIS88 ALEXANDRIA REAL ESTATE EQUIT REIT 015271109 820.00000000 NS USD 145591.00000000 0.437073290504 Long EC US N 1 N N N VERIZON COMMUNICATIONS INC. 2S72QS2UO2OESLG6Y829 VERIZON COMMUNICATIONS INC COMMON STOCK 92343V104 5067.00000000 NS USD 291251.16000000 0.874354203656 Long EC US N 1 N N N AT&T INC. 549300Z40J86GGSTL398 AT&T Inc PREFERRED STOCK 00206R706 10000.00000000 NS USD 250800.00000000 0.752917290619 Long EP US N 2 N N N INTERNATIONAL GAME TECHNOLOGY PLC 549300UQ6KHRCZDRGZ76 INTERNATIONAL GAME TECHNOLOGY PLC 144A 6.500000% 02/15/2025 460599AC7 500000.00000000 PA USD 538750.00000000 1.617361205428 Long DBT NUSS US Y 2 2025-02-15 Fixed 6.50000000 N N N N N N PPL CORPORATION 9N3UAJSNOUXFKQLF3V18 PPL CORP COMMON STOCK 69351T106 9313.00000000 NS USD 247912.06000000 0.744247514063 Long EC US N 1 N N N AMC NETWORKS INC. 549300VGG9K75226LR46 AMC NETWORKS INC 5.000000% 04/01/2024 00164VAD5 500000.00000000 PA USD 508125.00000000 1.525423039458 Long DBT CORP US N 2 2024-04-01 Fixed 5.00000000 N N N N N N OMEGA HEALTHCARE INVESTORS, INC. 549300OJ7ENK42CZ8E73 OMEGA HEALTHCARE INVESTORS REIT 681936100 4152.00000000 NS USD 134441.76000000 0.403602574503 Long EC US N 1 N N N WESTROCK COMPANY N/A WESTROCK CO COMMON STOCK 96145D105 6021.00000000 NS USD 161724.06000000 0.485505745945 Long EC US N 1 N N N FIVE STAR SENIOR LIVING INC. N/A FIVE STAR SENIOR LIVING INC COMMON STOCK 33832D205 356.00000000 NS USD 1616.24000000 0.004852053595 Long EC US N 1 N N N PROLOGIS, INC. 529900DFH19P073LZ636 PROLOGIS INC REIT 74340W103 1576.00000000 NS USD 166141.92000000 0.498768438057 Long EC US N 1 N N N SCHWEITZER-MAUDUIT INTERNATIONAL, INC. 549300Z1FU4IDULG1R21 SCHWEITZER-MAUDUIT INTL INC COMMON STOCK 808541106 6142.00000000 NS USD 199799.26000000 0.599809878417 Long EC US N 1 N N N PATTERSON COMPANIES, INC. YM48Q2087CUE26GWEK09 PATTERSON COS INC COMMON STOCK 703395103 11711.00000000 NS USD 311044.16000000 0.933774027951 Long EC US N 1 N N N STATE STREET CORPORATION 549300ZFEEJ2IP5VME73 STATE STREET CORP 5.250000% MATURITY: PERPETUAL 857477AQ6 250000.00000000 PA USD 249048.22000000 0.747658337464 Long DBT CORP US N 2 2168-09-15 Fixed 5.25000000 N N N N N N FIRST HORIZON NATIONAL CORPORATION TF3RXI1ZB1TQ30H9JV10 First Horizon National Corp PREFERRED STOCK 320517402 20000.00000000 NS USD 518000.00000000 1.555068407261 Long EP US N 2 N N N EASTGROUP PROPERTIES, INC. 31TIGQQZC4P6JMHKSW85 EASTGROUP PROPERTIES INC REIT 277276101 1243.00000000 NS USD 164896.38000000 0.495029249053 Long EC US N 1 N N N Goldman Sachs Trust: Goldman Sachs Financial Square Government Fund; Institutional Class Shares N/A GOLDMAN SACHS FINANCIAL SQUARE FUNDS GOVERNMENT FUND 38141W273 133058.99000000 PA USD 133058.99000000 0.399451412453 Long STIV US N 2 N N N XEROX HOLDINGS CORPORATION N/A XEROX HOLDINGS CORP COMMON STOCK 98421M106 7074.00000000 NS USD 117782.10000000 0.353589232916 Long EC US N 1 N N N FORD MOTOR COMPANY 20S05OYHG0MQM4VUIC57 Ford Motor Co PREFERRED STOCK 345370845 10000.00000000 NS USD 237100.00000000 0.711789033516 Long EP US N 1 N N N VALLEY NATIONAL BANCORP 549300ET52S1UBIB9762 VALLEY NATIONAL BANCORP COMMON STOCK 919794107 19135.00000000 NS USD 142938.45000000 0.429110169455 Long EC US N 1 N N N INVITATION HOMES INC. N/A INVITATION HOMES INC REIT 46187W107 3733.00000000 NS USD 111318.06000000 0.334183780431 Long EC US N 1 N N N JPMORGAN CHASE & CO. 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE & CO 4.600000% MATURITY: PERPETUAL 48128BAG6 300000.00000000 PA USD 290280.00000000 0.871438720578 Long DBT CORP US N 2 2169-08-01 Fixed 4.60000000 N N N N N N HEALTHPEAK PROPERTIES, INC. PZ9HF5U52KPF0MH0QN75 HEALTHPEAK PROPERTIES INC REIT 42250P103 4427.00000000 NS USD 120812.83000000 0.362687673986 Long EC US N 1 N N N SEAGATE TECHNOLOGY PUBLIC LIMITED COMPANY 396PBGKP6TE3O062MS44 SEAGATE TECHNOLOGY COMMON STOCK G7945M107 4730.00000000 NS USD 213890.60000000 0.642112962683 Long EC US N 1 N N N ARCHROCK INC. 549300K3RIHMHDVFTL28 ARCHROCK INC COMMON STOCK 03957W106 23382.00000000 NS USD 155724.12000000 0.467493550696 Long EC US N 1 N N N LEXINGTON REALTY TRUST 549300S4MH2ICXDBFV43 LEXINGTON REALTY TRUST REIT 529043101 9271.00000000 NS USD 107543.60000000 0.322852615372 Long EC US N 1 N N N POTLATCHDELTIC CORPORATION 54930084YA8UJOTXDM59 POTLATCHDELTIC CORP REIT 737630103 2568.00000000 NS USD 109936.08000000 0.330034990011 Long EC US N 1 N N N AMERICOLD REALTY TRUST 549300R7N1V5YV8MWH02 AMERICOLD REALTY TRUST REIT 03064D108 2720.00000000 NS USD 109752.00000000 0.329482370335 Long EC US N 1 N N N BlackRock Funds V: BlackRock Floating Rate Income Portfolio; Institutional Shares N/A BLACKROCK II-FLOAT RAT-INST MUTUAL FUND 09260B747 13811.37800000 NS USD 131622.43000000 0.395138769459 Long STIV RF US N 1 N N N QUALCOMM INCORPORATED H1J8DDZKZP6H7RWC0H53 QUALCOMM INC COMMON STOCK 747525103 2666.00000000 NS USD 281556.26000000 0.845249507321 Long EC US N 1 N N N CHEVRON CORPORATION N/A CHEVRON CORP COMMON STOCK 166764100 2061.00000000 NS USD 173000.34000000 0.519357843975 Long EC US N 1 N N N GILEAD SCIENCES, INC. 549300WTZWR07K8MNV44 GILEAD SCIENCES INC COMMON STOCK 375558103 2482.00000000 NS USD 172573.46000000 0.518076323509 Long EC US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORP COMMON STOCK 060505104 9121.00000000 NS USD 226930.48000000 0.681259498248 Long EC US N 1 N N N VODAFONE GROUP PUBLIC LIMITED COMPANY 213800TB53ELEUKM7Q61 VODAFONE GROUP PLC 7.000000% 04/04/2079 92857WBQ2 250000.00000000 PA USD 300786.24000000 0.902979110353 Long DBT CORP GB N 2 2079-04-04 Fixed 7.00000000 N N N N N N KEYCORP RKPI3RZGV1V1FJTH5T61 KEYCORP COMMON STOCK 493267108 18937.00000000 NS USD 227433.37000000 0.682769205490 Long EC US N 1 N N N EQUINIX, INC. 549300EVUN2BTLJ3GT74 EQUINIX INC REIT 29444U700 141.00000000 NS USD 110752.68000000 0.332486474300 Long EC US N 1 N N N LAMAR ADVERTISING COMPANY 529900Y8WW4MKVPTB543 LAMAR ADVERTISING CO-A REIT 512816109 3692.00000000 NS USD 242675.16000000 0.728526012631 Long EC US N 1 N N N SUNOCO LP 54930001NJU8E40NQ561 SUNOCO LP / SUNOCO FINANCE CORP 6.000000% 04/15/2027 86765LAQ0 500000.00000000 PA USD 527500.00000000 1.583588001602 Long DBT CORP US N 2 2027-04-15 Fixed 6.00000000 N N N N N N Dominion Energy, Inc. ILUL7B6Z54MRYCF6H308 DOMINION ENERGY INC 5.750000% 10/01/2054 25746UBY4 250000.00000000 PA USD 264207.39000000 0.793167114196 Long DBT CORP US N 2 2054-10-01 Fixed 5.75000000 N N N N N N HEALTHCARE TRUST OF AMERICA, INC. 549300L0I14L7I0VLX84 HEALTHCARE TRUST OF AME-CL A REIT 42225P501 3946.00000000 NS USD 108949.06000000 0.327071894221 Long EC US N 1 N N N AMERICAN HOMES 4 RENT 549300ZJUO7A58PNUW40 AMERICAN HOMES 4 RENT- A REIT 02665T306 3853.00000000 NS USD 111737.00000000 0.335441464521 Long EC US N 1 N N N BROOKFIELD PROPERTY REIT INC. 549300K1JD1LDRNBET48 BROOKFIELD PROPERTY REIT INC / BPR CUMULUS LLC / B 5.750000% 05/15/2026 11284DAA3 500000.00000000 PA USD 420035.00000000 1.260971348347 Long DBT CORP US Y 2 2026-05-15 Fixed 5.75000000 N N N N N N UNIVERSAL CORPORATION 549300BZXZ66F6DTIF20 UNIVERSAL CORP/VA COMMON STOCK 913456109 4810.00000000 NS USD 202789.60000000 0.608787066179 Long EC US N 1 N N N THE BUCKLE, INC. 5299007IU0461T3GDL34 BUCKLE INC/THE COMMON STOCK 118440106 11741.00000000 NS USD 188208.23000000 0.565012881196 Long EC US N 1 N N N Truist Financial Corporation 549300DRQQI75D2JP341 Truist Financial Corp PREFERRED STOCK 89832Q745 20000.00000000 NS USD 537000.00000000 1.612107595944 Long EP US N 2 N N N Alerian MLP N/A ALERIAN MLP ETF MUTUAL FUND 00162Q452 37.00000000 NS USD 878.38000000 0.002636951713 Long EC RF US N 1 N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 WELLS FARGO & CO 5.900000% MATURITY: PERPETUAL 949746RG8 250000.00000000 PA USD 254375.00000000 0.763649664280 Long DBT CORP US N 2 2168-12-15 Fixed 5.90000000 N N N N N N SUN COMMUNITIES, INC. 549300H5GEOJYN41ZG57 SUN COMMUNITIES INC REIT 866674104 753.00000000 NS USD 112897.29000000 0.338924727691 Long EC US N 1 N N N FIRSTENERGY CORP. 549300SVYJS666PQJH88 FIRSTENERGY CORP COMMON STOCK 337932107 7663.00000000 NS USD 222227.00000000 0.667139357027 Long EC US N 1 N N N HILTON DOMESTIC OPERATING COMPANY INC. 5493003EG7H0N1E4XV50 HILTON DOMESTIC OPERATING CO INC 5.125000% 05/01/2026 432833AD3 500000.00000000 PA USD 517500.00000000 1.553567375979 Long DBT CORP US N 2 2026-05-01 Fixed 5.12500000 N N N N N N EXXON MOBIL CORPORATION J3WHBG0MTS7O8ZVMDC91 EXXON MOBIL CORP COMMON STOCK 30231G102 3097.00000000 NS USD 130321.76000000 0.391234076746 Long EC US N 1 N N N PETMED EXPRESS, INC. 529900PGHW5ASJ1AZL48 PETMED EXPRESS INC COMMON STOCK 716382106 6005.00000000 NS USD 187356.00000000 0.562454433418 Long EC US N 1 N N N COMMSCOPE, INC. 549300Z6K4JXMFE8QY54 COMMSCOPE INC 144A 5.500000% 03/01/2024 20338QAB9 500000.00000000 PA USD 519260.00000000 1.558851006089 Long DBT CORP US Y 2 2024-03-01 Fixed 5.50000000 N N N N N N UNITED RENTALS (NORTH AMERICA), INC. NGIZXNT70J2LYT3FBI09 UNITED RENTALS NORTH AMERICA INC 4.875000% 01/15/2028 911365BG8 500000.00000000 PA USD 536875.00000000 1.611732338124 Long DBT CORP US N 2 2028-01-15 Fixed 4.87500000 N N N N N N FIRST INDUSTRIAL REALTY TRUST, INC. N/A FIRST INDUSTRIAL REALTY TR REIT 32054K103 3217.00000000 NS USD 141290.64000000 0.424163340744 Long EC US N 1 N N N PUBLIC STORAGE 549300LMZF40TKJ6DM64 PUBLIC STORAGE REIT 74460D109 550.00000000 NS USD 109934.00000000 0.330028745721 Long EC US N 1 N N N SABRA HEALTH CARE REIT, INC. 549300E3BC7GU7TAZ621 SABRA HEALTH CARE REIT INC REIT 78573L106 7365.00000000 NS USD 108560.10000000 0.325904211967 Long EC US N 1 N N N SBA Communications Corporation 5299001HX8ZN8Y8QIT49 SBA COMMUNICATIONS CORP REIT 78410G104 353.00000000 NS USD 109973.62000000 0.330147687440 Long EC US N 1 N N N JPMORGAN CHASE & CO. 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE & CO COMMON STOCK 46625H100 2232.00000000 NS USD 215700.48000000 0.647546335673 Long EC US N 1 N N N THE ALLSTATE CORPORATION OBT0W1ED8G0NWVOLOJ77 Allstate Corp/The PREFERRED STOCK 020002838 10000.00000000 NS USD 269800.00000000 0.809956479303 Long EP US N 1 N N N NEWELL BRANDS INC. 549300LWGYFM1TVO1Z12 NEWELL BRANDS INC COMMON STOCK 651229106 8230.00000000 NS USD 134972.00000000 0.405194388156 Long EC US N 1 N N N THE CHARLES SCHWAB CORPORATION 549300VSGCJ7E698NM85 CHARLES SCHWAB CORP/THE 5.000000% MATURITY: PERPETUAL 808513AR6 250000.00000000 PA USD 257446.25000000 0.772869748924 Long DBT CORP US N 2 2169-06-01 Fixed 5.00000000 N N N N N N GENERAL ELECTRIC COMPANY 3C7474T6CDKPR9K6YT90 GENERAL ELECTRIC CO 5.000000% MATURITY: PERPETUAL 369604BQ5 250000.00000000 PA USD 198125.00000000 0.594783645151 Long DBT CORP US N 2 2169-06-15 Fixed 5.00000000 N N N N N N PHYSICIANS REALTY TRUST 549300ITOVH0OY7PZC34 PHYSICIANS REALTY TRUST REIT 71943U104 6121.00000000 NS USD 110422.84000000 0.331496273984 Long EC US N 1 N N N XPO LOGISTICS, INC. 54930096DB9LCLPN7H13 XPO LOGISTICS INC 144A 6.750000% 08/15/2024 983793AG5 500000.00000000 PA USD 537730.00000000 1.614299101614 Long DBT CORP US Y 2 2024-08-15 Fixed 6.75000000 N N N N N N WYNDHAM DESTINATIONS, INC. T4VNTWMFQ7JQB65L7T35 WYNDHAM DESTINATIONS INC 144A 4.625000% 03/01/2030 98310WAQ1 500000.00000000 PA USD 460000.00000000 1.380948778648 Long DBT CORP US Y 2 2030-03-01 Fixed 4.62500000 N N N N N N GENERAL MOTORS FINANCIAL COMPANY, INC. 5493008B6JBRUJ90QL97 GENERAL MOTORS FINANCIAL CO INC 6.500000% MATURITY: PERPETUAL 37045XCM6 250000.00000000 PA USD 236092.50000000 0.708764455485 Long DBT CORP US N 2 2169-03-30 Fixed 6.50000000 N N N N N N NORTHWEST BANCSHARES, INC. N/A NORTHWEST BANCSHARES INC COMMON STOCK 667340103 16139.00000000 NS USD 158969.15000000 0.477235333772 Long EC US N 1 N N N QWEST CORPORATION 549300R2L4N683OO1509 Qwest Corp PREFERRED STOCK 74913G873 10000.00000000 NS USD 254100.00000000 0.762824097075 Long EP US N 1 N N N TESLA, INC. 54930043XZGB27CTOV49 TESLA INC 144A 5.300000% 08/15/2025 88160RAE1 500000.00000000 PA USD 517500.00000000 1.553567375979 Long DBT CORP US Y 2 2025-08-15 Fixed 5.30000000 N N N N N N MEDICAL PROPERTIES TRUST, INC. 254900U6E39J1MQCCY14 MEDICAL PROPERTIES TRUST INC REIT 58463J304 8358.00000000 NS USD 168246.54000000 0.505086638967 Long EC US N 1 N N N AMERICAN INTERNATIONAL GROUP, INC. ODVCVCQG2BP6VHV36M30 American International Group Inc PREFERRED STOCK 026874768 10000.00000000 NS USD 275400.00000000 0.826768029651 Long EP US N 1 N N N CUBESMART N/A CUBESMART REIT 229663109 3723.00000000 NS USD 110461.41000000 0.331612063537 Long EC US N 1 N N N TANGER FACTORY OUTLET CENTERS, INC. UKEW8YSXE4Y581KYOL30 TANGER FACTORY OUTLET CENTER REIT 875465106 13087.00000000 NS USD 84149.41000000 0.252621793398 Long EC US N 1 N N N METLIFE, INC. C4BXATY60WC6XEOZDX54 METLIFE INC COMMON STOCK 59156R108 2552.00000000 NS USD 96593.20000000 0.289978829490 Long EC US N 1 N N N UNITED STATES CELLULAR CORPORATION N/A UNITED STATES CELLULAR CORP 6.700000% 12/15/2033 911684AD0 400000.00000000 PA USD 501476.00000000 1.505462325481 Long DBT CORP US N 2 2033-12-15 Fixed 6.70000000 N N N N N N DIVERSIFIED HEALTHCARE TRUST N/A DIVERSIFIED HEALTHCARE TRUST REIT 25525P107 5259.00000000 NS USD 20483.81000000 0.061493679133 Long EC US N 1 N N N PRINCIPAL FINANCIAL GROUP, INC. CUMYEZJOAF02RYZ1JJ85 PRINCIPAL FINANCIAL GROUP COMMON STOCK 74251V102 3094.00000000 NS USD 131278.42000000 0.394106029917 Long EC US N 1 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY MATURITY: PERPETUAL 61761JQK8 250000.00000000 PA USD 235000.00000000 0.705484702135 Long DBT CORP US N 2 2169-07-15 Floating 3.88500120 N N N N N N STANLEY BLACK & DECKER, INC. 549300DJ09SMTO561131 STANLEY BLACK & DECKER INC 4.000000% 03/15/2060 854502AM3 250000.00000000 PA USD 260333.30000000 0.781536853644 Long DBT CORP US N 2 2060-03-15 Fixed 4.00000000 N N N N N N W. R. BERKLEY CORPORATION SQOAGCLKBDWNVYV1OV80 W R Berkley Corp PREFERRED STOCK 084423706 10000.00000000 NS USD 266000.00000000 0.798548641566 Long EP US N 1 N N N CINCINNATI BELL TELEPHONE COMPANY LLC N/A CINCINNATI BELL TELEPHONE CO LLC 6.300000% 12/01/2028 171875AD9 500000.00000000 PA USD 511250.00000000 1.534804484965 Long DBT CORP US N 2 2028-12-01 Fixed 6.30000000 N N N N N N JOHNSON & JOHNSON 549300G0CFPGEF6X2043 JOHNSON & JOHNSON COMMON STOCK 478160104 906.00000000 NS USD 132058.56000000 0.396448059004 Long EC US N 1 N N N VICI PROPERTIES INC. 254900RKH6RY9KCJQH63 VICI PROPERTIES INC REIT 925652109 5087.00000000 NS USD 110438.77000000 0.331544096841 Long EC US N 1 N N N BROADCOM INC. 549300WV6GIDOZJTV909 BROADCOM INC COMMON STOCK 11135F101 540.00000000 NS USD 171045.00000000 0.513487790965 Long EC US N 1 N N N W.P. CAREY INC. 54930042CRNE713E3Q67 WP CAREY INC REIT 92936U109 1560.00000000 NS USD 111337.20000000 0.334241239909 Long EC US N 1 N N N AMERICAN EAGLE OUTFITTERS, INC. 5299001Z9HXK01DHW793 AMERICAN EAGLE OUTFITTERS COMMON STOCK 02553E106 11736.00000000 NS USD 117360.00000000 0.352322062309 Long EC US N 1 N N N CYRUSONE INC. 5493006S177ZK2ZNBU43 CYRUSONE INC REIT 23283R100 1815.00000000 NS USD 151407.30000000 0.454534186985 Long EC US N 1 N N N OLD REPUBLIC INTERNATIONAL CORPORATION N/A OLD REPUBLIC INTL CORP COMMON STOCK 680223104 11378.00000000 NS USD 182844.46000000 0.548910508086 Long EC US N 1 N N N CALPINE CORPORATION 43R4VPJBXTU2O15HEF41 CALPINE CORP 144A 4.500000% 02/15/2028 131347CM6 500000.00000000 PA USD 516250.00000000 1.549814797777 Long DBT CORP US Y 2 2028-02-15 Fixed 4.50000000 N N N N N N PS BUSINESS PARKS, INC. N/A PS BUSINESS PARKS INC/CA REIT 69360J107 812.00000000 NS USD 112015.40000000 0.336277238738 Long EC US N 1 N N N Philip Morris International Inc. HL3H1H2BGXWVG3BSWR90 PHILIP MORRIS INTERNATIONAL COMMON STOCK 718172109 2985.00000000 NS USD 229277.85000000 0.688306449845 Long EC US N 1 N N N DUKE REALTY CORPORATION N/A DUKE REALTY CORP REIT 264411505 3747.00000000 NS USD 150591.93000000 0.452086395234 Long EC US N 1 N N N AERCAP GLOBAL AVIATION TRUST 635400FBSV8LXXNRV758 AERCAP GLOBAL AVIATION TRUST 144A 6.500000% 06/15/2045 00773HAA5 250000.00000000 PA USD 199000.00000000 0.597410449893 Long DBT CORP IE Y 2 2045-06-15 Fixed 6.50000000 N N N N N N ARMADA HOFFLER PROPERTIES, INC. 549300WQRSIV6XZT9313 ARMADA HOFFLER PROPERTIES IN REIT 04208T108 15295.00000000 NS USD 147443.80000000 0.442635512020 Long EC US N 1 N N N BlackRock Funds V: BlackRock High Yield Bond Portfolio; Institutional Shares N/A BLCKRCK HI YLD BND PORT-INST MUTUAL FUND 09260B630 21.09800000 NS USD 158.24000000 0.000475046379 Long STIV RF US N 1 N N N DUKE ENERGY CORPORATION I1BZKREC126H0VB1BL91 DUKE ENERGY CORP COMMON STOCK 26441C204 3040.00000000 NS USD 257609.60000000 0.773360135843 Long EC US N 1 N N N CORESITE REALTY CORPORATION 549300H0YYORITFM2B74 CORESITE REALTY CORP REIT 21870Q105 1940.00000000 NS USD 250357.00000000 0.751587376904 Long EC US N 1 N N N VIACOMCBS INC. 5KYC8KF17ROCY24M3H09 VIACOMCBS INC 6.250000% 02/28/2057 92553PBC5 250000.00000000 PA USD 277500.00000000 0.833072361032 Long DBT CORP US N 2 2057-02-28 Fixed 6.25000000 N N N N N N EXTRA SPACE STORAGE INC. N/A EXTRA SPACE STORAGE INC REIT 30225T102 1105.00000000 NS USD 114190.70000000 0.342807625430 Long EC US N 1 N N N MARATHON PETROLEUM CORPORATION 3BNYRYQHD39K4LCKQF12 MARATHON PETROLEUM CORP COMMON STOCK 56585A102 2133.00000000 NS USD 81480.60000000 0.244609858812 Long EC US N 1 N N N LyondellBasell Industries N.V. BN6WCCZ8OVP3ITUUVN49 LYONDELLBASELL INDU-CL A COMMON STOCK N53745100 2628.00000000 NS USD 164302.56000000 0.493246564262 Long EC US N 1 N N N PEOPLE'S UNITED FINANCIAL, INC. ROPY7PEPIPIDJNF0BO69 PEOPLE'S UNITED FINANCIAL COMMON STOCK 712704105 12903.00000000 NS USD 139223.37000000 0.417957266871 Long EC US N 1 N N N ANTERO RESOURCES CORPORATION APVBKPOULHUX7YZLKU17 ANTERO RESOURCES CORP 5.000000% 03/01/2025 03674XAJ5 500000.00000000 PA USD 316875.00000000 0.951278574422 Long DBT CORP US N 2 2025-03-01 Fixed 5.00000000 N N N N N N EQUITY LIFESTYLE PROPERTIES, INC. 529900PEQG66LENB6798 EQUITY LIFESTYLE PROPERTIES REIT 29472R108 1643.00000000 NS USD 112249.76000000 0.336980802120 Long EC US N 1 N N N EPR PROPERTIES 549300YSSXFHMPOWZ492 EPR PROPERTIES REIT 26884U109 3896.00000000 NS USD 111542.48000000 0.334857503311 Long EC US N 1 N N N MEDTRONIC PUBLIC LIMITED COMPANY 549300GX3ZBSQWUXY261 MEDTRONIC PLC COMMON STOCK G5960L103 2087.00000000 NS USD 201353.76000000 0.604476584670 Long EC US N 1 N N N WEYERHAEUSER COMPANY 08IRJODWFYBI7QWRGS31 WEYERHAEUSER CO REIT 962166104 3844.00000000 NS USD 106901.64000000 0.320925411290 Long EC US N 1 N N N VanEck Vectors Preferred Secs ex Finls ETF N/A VANECK PRFD SEC EX FINANCIAL MUTUAL FUND 92189F429 2519.00000000 NS USD 48188.47000000 0.144664801720 Long EC RF US N 1 N N N MICROSOFT CORPORATION INR2EJN1ERAN0W5ZP974 MICROSOFT CORP COMMON STOCK 594918104 1166.00000000 NS USD 239041.66000000 0.717618018311 Long EC US N 1 N N N SIMON PROPERTY GROUP, INC. 529900GQL5X8H7AO3T64 SIMON PROPERTY GROUP INC REIT 828806109 834.00000000 NS USD 51999.90000000 0.156106953032 Long EC US N 1 N N N CITIZENS FINANCIAL GROUP, INC. 2138004JDDA4ZQUPFW65 CITIZENS FINANCIAL GROUP INC 6.375000% MATURITY: PERPETUAL 174610AQ8 250000.00000000 PA USD 241076.25000000 0.723725984779 Long DBT CORP US N 2 2169-01-06 Fixed 6.37500000 N N N N N N CARDINAL HEALTH, INC. CCU46N3GJMF4OK4N7U60 CARDINAL HEALTH INC COMMON STOCK 14149Y108 5728.00000000 NS USD 312863.36000000 0.939235380165 Long EC US N 1 N N N INTERNATIONAL BUSINESS MACHINES CORPORATION VGRQXHF3J8VDLUA7XE92 INTL BUSINESS MACHINES CORP COMMON STOCK 459200101 1810.00000000 NS USD 222521.40000000 0.668023164246 Long EC US N 1 N N N NETFLIX, INC. 549300Y7VHGU0I7CE873 NETFLIX INC 144A 4.875000% 06/15/2030 64110LAV8 500000.00000000 PA USD 587800.00000000 1.764612374108 Long DBT CORP US Y 2 2030-06-15 Fixed 4.87500000 N N N N N N HELMERICH & PAYNE, INC. 254900NAOGHJ88RZ4C73 HELMERICH & PAYNE COMMON STOCK 423452101 4180.00000000 NS USD 74529.40000000 0.223741921529 Long EC US N 1 N N N WELLTOWER INC T6IZ0MBEG5ACZDTR7D06 WELLTOWER INC REIT 95040Q104 1971.00000000 NS USD 105566.76000000 0.316918018017 Long EC US N 1 N N N LIFE STORAGE, INC. W9EE01AFDDF9DQCQZC68 LIFE STORAGE INC REIT 53223X107 2571.00000000 NS USD 252292.23000000 0.757397058437 Long EC US N 1 N N N NRG ENERGY, INC. 5E2UPK5SW04M13XY7I38 NRG ENERGY INC 144A 5.250000% 06/15/2029 629377CH3 500000.00000000 PA USD 552835.00000000 1.659645256618 Long DBT CORP US Y 2 2029-06-15 Fixed 5.25000000 N N N N N N NATIONAL HEALTH INVESTORS, INC. 549300ZPKZIG6DKDEC02 NATL HEALTH INVESTORS INC REIT 63633D104 1744.00000000 NS USD 108128.00000000 0.324607020734 Long EC US N 1 N N N INTERNATIONAL PAPER COMPANY 824LMFJDH41EY779Q875 INTERNATIONAL PAPER CO COMMON STOCK 460146103 3358.00000000 NS USD 116824.82000000 0.350715418467 Long EC US N 1 N N N ABBVIE INC. FR5LCKFTG8054YNNRU85 ABBVIE INC COMMON STOCK 00287Y109 3241.00000000 NS USD 307603.31000000 0.923444380984 Long EC US N 1 N N N THE COCA-COLA COMPANY UWJKFUJFZ02DKWI3RY53 COCA-COLA CO/THE COMMON STOCK 191216100 2772.00000000 NS USD 130949.28000000 0.393117931045 Long EC US N 1 N N N HEALTHCARE REALTY TRUST INCORPORATED 549300CB86LH2IOKHH22 HEALTHCARE REALTY TRUST INC REIT 421946104 3719.00000000 NS USD 108966.70000000 0.327124850605 Long EC US N 1 N N N DIGITAL REALTY TRUST, INC. 549300HKCZ31D08NEI41 DIGITAL REALTY TRUST INC REIT 253868103 1870.00000000 NS USD 300209.80000000 0.901248601409 Long EC US N 1 N N N Enbridge Inc. 98TPTUM4IVMFCZBCUR27 ENBRIDGE INC 5.500000% 07/15/2077 29250NAS4 250000.00000000 PA USD 235000.00000000 0.705484702135 Long DBT NUSS CA N 2 2077-07-15 Fixed 5.50000000 N N N N N N VECTOR GROUP LTD. 549300TUIF4WWN6NDN50 VECTOR GROUP LTD 144A 6.125000% 02/01/2025 92240MBF4 500000.00000000 PA USD 496875.00000000 1.491649835632 Long DBT CORP US Y 2 2025-02-01 Fixed 6.12500000 N N N N N N Altria Group, Inc. XSGZFLO9YTNO9VCQV219 ALTRIA GROUP INC COMMON STOCK 02209S103 4208.00000000 NS USD 173159.20000000 0.519834751634 Long EC US N 1 N N N CIT GROUP INC. N8O96ZZJQRFYQUJY7K79 CIT Group Inc PREFERRED STOCK 125581884 10000.00000000 NS USD 222500.00000000 0.667958920107 Long EP US N 2 N N N THE PNC FINANCIAL SERVICES GROUP, INC. CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES GROUP INC/THE 5.000000% MATURITY: PERPETUAL 693475AQ8 495000.00000000 PA USD 516643.88000000 1.550997250179 Long DBT CORP US N 2 2168-05-01 Fixed 5.00000000 N N N N N N RAYONIER INC. HGV8VDVNL0W6SF2U9C50 RAYONIER INC REIT 754907103 3875.00000000 NS USD 107647.50000000 0.323164529673 Long EC US N 1 N N N JPMORGAN CHASE & CO. 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE & CO 6.750000% MATURITY: PERPETUAL 46625HJQ4 500000.00000000 PA USD 554165.00000000 1.663637999825 Long DBT CORP US N 2 2169-08-01 Fixed 6.75000000 N N N N N N QUICKEN LOANS INC. 549300FGXN1K3HLB1R50 QUICKEN LOANS LLC 144A 5.250000% 01/15/2028 74840LAB8 500000.00000000 PA USD 540035.00000000 1.621218855820 Long DBT CORP US Y 2 2028-01-15 Fixed 5.25000000 N N N N N N Kraft Heinz Foods Company 5493003STKEZ2S0RNU91 KRAFT HEINZ FOODS CO 144A 3.750000% 04/01/2030 50077LAU0 500000.00000000 PA USD 541874.80000000 1.626742050523 Long DBT CORP US Y 2 2030-04-01 Fixed 3.75000000 N N N N N N CROWN CASTLE INTERNATIONAL CORP. 54930012H97VSM0I2R19 CROWN CASTLE INTL CORP REIT 22822V101 653.00000000 NS USD 108855.10000000 0.326789820423 Long EC US N 1 N N N 2020-07-31 THE ADVISORS' INNER CIRCLE FUND II Stephen Connors Stephen Connors CFO