ENBRIDGE INC 6%/VAR 01/15/2077

NPORT-P false 0000945908 XXXXXXXX S000072125 C000227886 Fidelity Covington Trust 811-07319 0000945908 549300JFYFTF85QAQR28 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Preferred Securities and Income ETF S000072125 549300ECXORNOGQYEX95 2026-08-31 2026-08-31 N 79681895.21 358289.85 79323605.36 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 9129.95000000 USD N ENBRIDGE INC 98TPTUM4IVMFCZBCUR27 ENBRIDGE INC 6%/VAR 01/15/2077 29250NAN5 68000.00000000 PA USD 68019.58000000 0.085749481117 Long EP CORP CA N 2 N N N HARTFORD INSURANCE GROUP INC/THE IU7C3FTM7Y3BQM112U94 HARTFORD INSURANCE GROUP INC/THE 416518603 300.00000000 NS USD 7326.00000000 0.009235586263 Long EP CORP US N 1 N N N TRANSCANADA TRUST 549300Y0MFCAXLBWUV51 TRANSCANADA TRUST 5.6%/VAR 03/07/2082 89356BAG3 335000.00000000 PA USD 327770.97000000 0.413207352984 Long DBT CORP CA N 2 2082-03-07 Variable 0.05600000 N N N N N N KEYCORP RKPI3RZGV1V1FJTH5T61 KEYCORP 6.2%/VAR PERP PFD 493267843 3300.00000000 NS USD 83094.00000000 0.104753181127 Long EP CORP US N 1 N N N CMS ENERGY CORP 549300IA9XFBAGNIBW29 CMS ENERGY CORP T5Y+NA 06/01/2050 125896BU3 150000.00000000 PA USD 145542.03000000 0.183478838788 Long DBT CORP US N 2 2050-06-01 Variable 0.04750000 N N N N N N PUBLIC STORAGE 254900GLQZAD4N7N5Q19 PUBLIC STORAGE SER S 4.1% PFD PERP 74460W396 3400.00000000 NS USD 52122.00000000 0.065708057221 Long EP CORP US N 1 N N N GENERAL MTRS FINL CO INC 5493008B6JBRUJ90QL97 GENERAL MTRS FINL CO INC 5.7%/VAR PERP 37045XDB9 252000.00000000 PA USD 250817.44000000 0.316195209309 Long EP CORP US N 2 N N N PTC THERAPEUTICS INC 549300UJLWOIWFDGB318 PTC THERAPEUTICS INC CONV 0% 06/15/2031 144A 69366JAE1 40000.00000000 PA USD 38792.00000000 0.048903475609 Long DBT CORP US N 2 2031-06-15 Fixed 0.00000000 N N N N N PTC THERAPEUTICS INC PTC THERAPEUTICS INC USD XXXX N N N SUMISHO AIR LEASE CORP 5493004NW4M4P8TMMK63 SUMISHO AIR LEASE CORP 4.125%/VAR PERP 00912XBK9 261000.00000000 PA USD 258358.81000000 0.325702303655 Long EP CORP US N 2 N N N METLIFE INC C4BXATY60WC6XEOZDX54 METLIFE INC 5.625% PERP PFD 59156R876 4500.00000000 NS USD 94429.35000000 0.119043189692 Long EP CORP US N 1 N N N PUBLIC STORAGE 254900GLQZAD4N7N5Q19 PUBLIC STORAGE SER M 4.125% PFD PERP 74460W537 3300.00000000 NS USD 50160.00000000 0.063234644684 Long EP CORP US N 1 N N N HUNTINGTON BANCSHARES INC/OH 549300XTVCVV9I7B5T19 HUNTINGTON BANCSHARES INC/OH SER L 5.5% PERP PFD 446150757 2000.00000000 NS USD 38380.00000000 0.048384084190 Long EP CORP US N 1 N N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 WELLS FARGO and CO NEW 6.125%/VAR PERP 95002YAE3 415000.00000000 PA USD 411272.06000000 0.518473735697 Long EP CORP US N 2 N N N ALPHABET INC 5493006MHB84DD0ZWV18 ALPHABET INC SER A PC 6.25% 05/15/2029 02079K404 2200.00000000 NS USD 106414.00000000 0.134151744007 Long EP CORP US N 1 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 7.125%/VAR PERP 172967PK1 220000.00000000 PA USD 224462.04000000 0.282970042752 Long EP CORP US N 2 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY 6.5% PFD PERP 61762V853 40100.00000000 NS USD 1006109.00000000 1.268360150088 Long EP CORP US N 1 N N N STRATEGY INC 549300WQTWEJUEHXQX21 STRATEGY INC STEP PERP PFD 594972853 1600.00000000 NS USD 155168.00000000 0.195613902438 Long EP CORP US N 1 N N N EQUITABLE HOLDINGS INC 549300FIBAKMNHPZ4009 EQUITABLE HOLDINGS INC SER A 5.25% PFD PERP 29452E200 5700.00000000 NS USD 108129.00000000 0.136313773824 Long EP CORP US N 1 N N N BANK NEW YORK MELLON CORP WFLLPEPC7FZXENRZV188 BANK NEW YORK MELLON CORP 5.95%/VAR PERP 064058AR1 225000.00000000 PA USD 225492.98000000 0.284269706320 Long EP CORP US N 2 N N N VENTURE GLOBAL LNG INC 54930011XLBUWMQUC829 VENTURE GLOBAL LNG INC 9%/VAR PERP 144A 92332YAF8 740000.00000000 PA USD 750146.43000000 0.945678687441 Long EP CORP US N 2 N N N AT and T INC 549300Z40J86GGSTL398 AT and T INC 5.125% PERP PFD 00206R508 18800.00000000 NS USD 331632.00000000 0.418074794375 Long EP CORP US N 1 N N N COREBRIDGE FINANCIAL INC 549300XY1661QCIA7J65 COREBRIDGE FINANCIAL INC 6.375% PFD 12/15/2064 21871X208 4400.00000000 NS USD 95040.00000000 0.119813010980 Long EP CORP US N 1 N N N GOLDMAN SACHS GROUP INC (THE) 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC (THE) 4.125%/VAR PERP 38141GYU2 1109000.00000000 PA USD 1104920.65000000 1.392927924777 Long EP CORP US N 2 N N N DOMINION ENERGY INC ILUL7B6Z54MRYCF6H308 DOMINION ENERGY INC 4.35%/VAR PERP 25746UDM8 225000.00000000 PA USD 223799.81000000 0.282135196684 Long EP CORP US N 2 N N N SANTANDER HLDGS USA INC 549300SMVCQN2P0O6I58 SANTANDER HLDGS USA INC 5.25% PFD PERP F 80282K700 750.00000000 NS USD 15735.00000000 0.019836465990 Long EP CORP US N 1 N N N PRUDENTIAL FINL INC 5PRBRS5FEH7NREC8OR45 PRUDENTIAL FINL INC T5Y+NA 03/01/2053 744320BL5 250000.00000000 PA USD 260144.25000000 0.327953134277 Long DBT CORP US N 2 2053-03-01 Variable 0.06750000 N N N N N N CVS HEALTH CORP 549300EJG376EN5NQE29 CVS HEALTH CORP 6.75%/VAR 12/10/2054 126650EG1 429000.00000000 PA USD 440045.03000000 0.554746633114 Long DBT CORP US N 2 2054-12-10 Variable 0.06750000 N N N N N N AES CORP 2NUNNB7D43COUIRE5295 AES CORP 6.95%/VAR 07/15/2055 00130HCL7 140000.00000000 PA USD 138053.86000000 0.174038811490 Long DBT CORP US N 2 2055-07-15 Variable 0.06950000 N N N N N N SCHWAB CHARLES CORP 549300VSGCJ7E698NM85 SCHWAB CHARLES CORP 4%/VAR PERP 808513BJ3 831000.00000000 PA USD 773236.28000000 0.974787109701 Long EP CORP US N 2 N N N SUMITOMO LIFE INS CO 549300I5OQCDADQSPI57 SUMITOMO LIFE INS CO 4%/VAR 09/14/2077 144A 86564CAB6 270000.00000000 PA USD 267308.05000000 0.336984241685 Long DBT CORP JP N 2 2077-09-14 Variable 0.04000000 N N N N N N PUBLIC STORAGE 254900GLQZAD4N7N5Q19 PUBLIC STORAGE 4% PFD PERP 74460W420 3300.00000000 NS USD 49104.00000000 0.061903389006 Long EP CORP US N 1 N N N BP CAPITAL MARKETS PLC 549300CRVT18MXX0AG93 BP CAPITAL MARKETS PLC 6.45%/VAR PERP 05565QDW5 335000.00000000 PA USD 343790.74000000 0.433402816777 Long EP CORP GB N 2 N N N SUNOCO LP 54930001NJU8E40NQ561 SUNOCO LP 7.875%/VAR PERP 144A 86765KAE9 755000.00000000 PA USD 778486.54000000 0.981405896097 Long EP CORP US N 2 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 4.75% PREF PERP 06055H871 11500.00000000 NS USD 211255.00000000 0.266320471745 Long EP CORP US N 1 N N N BRIGHTHOUSE FINANCIAL INC 5493003T8SZSHOGGAW52 BRIGHTHOUSE FINANCIAL INC SER B 6.75% PFD PERP 10922N509 3700.00000000 NS USD 54427.00000000 0.068613875722 Long EP CORP US N 1 N N N NEXTERA ENERGY CAP HLDGS INC UMI46YPGBLUE4VGNNT48 NEXTERA ENERGY CAP HLDGS INC 3.8%/VAR 03/15/2082 65339KCB4 140000.00000000 PA USD 138534.44000000 0.174644658889 Long DBT CORP US N 2 2082-03-15 Variable 0.03800000 N N N N N N METLIFE INC C4BXATY60WC6XEOZDX54 METLIFE INC SER F 4.75% PFD PERP 59156R850 6400.00000000 NS USD 112896.00000000 0.142323334255 Long EP CORP US N 1 N N N SOUTH BOW CANADIAN INFRASTRUCTURE HOLDINGS LTD 2549004FYUSYLPBT1G26 SOUTH BOW CANADIAN INFRASTRUCTURE HOLDINGS LTD 7.625%/VAR 03/01/2055 836720AG7 195000.00000000 PA USD 202508.24000000 0.255293791905 Long DBT CORP CA N 2 2055-03-01 Variable 0.07625000 N N N N N N CVS HEALTH CORP 549300EJG376EN5NQE29 CVS HEALTH CORP 7%/VAR 03/10/2055 126650EH9 164000.00000000 PA USD 169297.74000000 0.213426683307 Long DBT CORP US N 2 2055-03-10 Variable 0.07000000 N N N N N N ENBRIDGE INC 98TPTUM4IVMFCZBCUR27 ENBRIDGE INC 6.25%/VAR 03/01/2078 29250NAW5 123000.00000000 PA USD 123125.21000000 0.155218877711 Long EP CORP CA N 2 N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 ENERGY TRANSFER LP 6.55%/VAR 01/15/2057 29273VBM1 1220000.00000000 PA USD 1212343.28000000 1.528351207056 Long DBT CORP US N 2 2057-01-15 Variable 0.06550000 N N N N N N SOUTHERN COMPANY 549300FC3G3YU2FBZD92 SOUTHERN COMPANY SER A 4.95% PFD 01/30/2080 842587800 26852.00000000 NS USD 490586.04000000 0.618461601402 Long EP CORP US N 1 N N N WESTERN ALLIANCE BANCORPORATN 5493003VJXZ5JXT9S762 WESTERN ALLIANCE BANCORPORATN 957638406 1500.00000000 NS USD 37320.00000000 0.047047785877 Long EP CORP US N 1 N N N SCE TRUST VI N/A SCE TRUST VI 5% PFD PERP 78410V200 18775.00000000 NS USD 311665.00000000 0.392903220404 Long EP CORP US N 1 N N N RENAISSANCERE HOLDINGS LTD EK6GB9U3U58PDI411C94 RENAISSANCERE HLDGS LTD SER G 4.2% PFD PERP N/A 1550.00000000 NS USD 22754.00000000 0.028685030006 Long EP CORP BM N 1 N N N REGIONS FINL CORP NEW CW05CS5KW59QTC0DG824 REGIONS FINL CORP NEW 5.70%/VAR PFD PERP 7591EP704 3000.00000000 NS USD 73485.00000000 0.092639510857 Long EP CORP US N 1 N N N FIFTH THIRD BANCORP THRNG6BD57P9QWTQLG42 FIFTH THIRD BANCORP SER K 4.95% PFD PERP 316773860 800.00000000 NS USD 14488.00000000 0.018264424485 Long EP CORP US N 1 N N N NIPPON LIFE INS CO 549300Y0HHMFW3EVWY08 NIPPON LIFE INS CO 5.95%/VAR 04/16/2054 144A 654579AN1 260000.00000000 PA USD 259318.13000000 0.326911678841 Long DBT CORP JP N 2 2054-04-16 Variable 0.05950000 N N N N N N STIFEL FINANCIAL CORP 549300E5F07FE5GHJX84 STIFEL FINANCIAL CORP SER D 4.5% PERP PFD 860630862 13000.00000000 NS USD 204620.00000000 0.257956000702 Long EP CORP US N 1 N N N BANK NEW YORK MELLON CORP WFLLPEPC7FZXENRZV188 BANK NEW YORK MELLON CORP 6.15%/VAR 12/31/2199 064058AW0 115000.00000000 PA USD 114649.61000000 0.144534038108 Long DBT CORP US N 2 2199-12-31 Variable 0.06150000 N N N N N N XCEL ENERGY INC LGJNMI9GH8XIDG5RCM61 XCEL ENERGY INC 6.25% PFD 10/15/2085 98389B878 15700.00000000 NS USD 352465.00000000 0.444338098855 Long EP CORP US N 1 N N N AT and T INC 549300Z40J86GGSTL398 AT and T INC 5.35% 11/01/66 PRFD 00206R300 16666.00000000 NS USD 323153.74000000 0.407386601420 Long EP CORP US N 1 N N N ENTERPRISE PRODUCTS OPERATING LLC 5493004LGN656HWLDA30 ENTERPRISE PRODS OPER LLC 5.25%/VAR 08/16/2077 29379VBN2 126000.00000000 PA USD 125362.99000000 0.158039954728 Long DBT CORP US N 2 2077-08-16 Variable 0.05250000 N N N N N N CENTERPOINT ENERGY INC 21TPXMRRHFKOBHDC8J74 CENTERPOINT ENERGY INC 6.7%/VAR 05/15/2055 15189TBP1 138000.00000000 PA USD 140339.38000000 0.176920072358 Long DBT CORP US N 2 2055-05-15 Variable 0.06700000 N N N N N N AMERICAN ELECTRIC POWER CO INC 1B4S6S7G0TW5EE83BO58 AMERICAN ELEC PWR CO INC 5.80%/VAR 03/15/2056 02557TAE9 410000.00000000 PA USD 402678.08000000 0.507639659307 Long DBT CORP US N 2 2056-03-15 Variable 0.05800000 N N N N N N ENTERGY MISSISSIPPI LLC FKUZOUT82DOBGXFS6K20 ENTERGY MISS 4.9% PFD 10/1/66 29364N108 8600.00000000 NS USD 171828.00000000 0.216616477806 Long EP CORP US N 1 N N N RAKUTEN GROUP INC 529900IMXUCQKUL1H943 RAKUTEN GROUP INC 8.125%/VAR PERP 144A 75102WAM0 300000.00000000 PA USD 308082.79000000 0.388387275895 Long EP CORP JP N 2 N N N CHICAGO BOARD OF TRADE 549300EX04Q2QBFQTQ27 US ULTRA BOND CBT FUT DEC26 WNZ6 N/A -3.00000000 NC USD -1716.99000000 -0.00216453852 N/A DIR CORP US N 1 CHICAGO BOARD OF TRADE 549300EX04Q2QBFQTQ27 Short UNITED STATES TREASURY BOND UNITED STATES TREASURY BOND 0% 06/30/2040 2026-12-21 -328845.51000000 USD -1716.99000000 N N N AMERICAN EXPRESS CO R4PP93JZOLY261QX3811 AMERICAN EXPRESS CO 6.45%/VAR PERP 025816EV7 325000.00000000 PA USD 327311.08000000 0.412627588615 Long DBT CORP US N 2 2199-12-31 Variable 0.06450000 N N N N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION SER KK 5.375% PFD PERP 06053U601 29123.00000000 NS USD 610418.08000000 0.769528915421 Long EP CORP US N 1 N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE and CO 5.75% PFD PERP 48128B655 24781.00000000 NS USD 567484.90000000 0.715404824862 Long EP CORP US N 1 N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 BNP PARIBAS 7.375%/VAR PERP 144A 05602XJC3 135000.00000000 PA USD 137527.88000000 0.173375730182 Long EP CORP FR N 2 N N N VODAFONE GRP PLC 213800TB53ELEUKM7Q61 VODAFONE GROUP PLC 4.125%/VAR 06/04/2081 92857WBW9 180000.00000000 PA USD 165420.85000000 0.208539247868 Long DBT CORP GB N 2 2081-06-04 Variable 0.04125000 N N N N N N MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG IN MUENCHEN 529900MUF4C20K50JS49 MUNICH RE GROUP 5.875%/VAR 05/23/2042 144A 62582PAA8 200000.00000000 PA USD 202371.50000000 0.255121409423 Long DBT CORP DE N 2 2042-05-23 Variable 0.05875000 N N N N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 BNP PARIBAS 6.875%/VAR PERP 144A 05602XQR2 960000.00000000 PA USD 940369.44000000 1.185484996215 Long EP CORP FR N 2 N N N QWEST CORPORATION 549300R2L4N683OO1509 QWEST CORP 6.75% PFD 06/15/2052 74913G857 7400.00000000 NS USD 128168.00000000 0.161576115228 Long EP CORP US N 1 N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 ENERGY TRANSFER LP 7.125%/VAR PERP 29273VAM2 190000.00000000 PA USD 194971.92000000 0.245793063887 Long EP CORP US N 2 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 5.875%/VAR PERP 060505FL3 340000.00000000 PA USD 339937.37000000 0.428545032033 Long EP CORP US N 2 N N N NIPPON LIFE INS CO 549300Y0HHMFW3EVWY08 NIPPON LIFE INS CO 2.75%/VAR 01/21/2051 144A 654579AH4 200000.00000000 PA USD 177091.78000000 0.223252308308 Long DBT CORP JP N 2 2051-01-21 Variable 0.02750000 N N N N N N ATHENE HOLDING LTD 549300H316CT32FQXI76 ATHENE HOLDINGS 5.625% SER B PFD PERP 04686J200 4300.00000000 NS USD 79765.00000000 0.100556448030 Long EP CORP US N 1 N N N FORD MOTOR CO 20S05OYHG0MQM4VUIC57 FORD MOTOR CO 6.0% 12/01/2059 PFD 345370837 5300.00000000 NS USD 103350.00000000 0.130289085488 Long EP CORP US N 1 N N N AFFILIATED MANAGERS GROUP INC 2JE75BUE3T1BLCYYGK54 AFFILIATED MANAGERS GRP INC 4.75% 09/30/2060 PFD 008252843 3000.00000000 NS USD 47970.00000000 0.060473801943 Long EP CORP US N 1 N N N KEYCORP RKPI3RZGV1V1FJTH5T61 KEYCORP 5%/VAR PERP 493267AK4 155000.00000000 PA USD 154957.08000000 0.195348004287 Long EP CORP US N 2 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY SER O 4.5% PFD PERP 61762V861 12800.00000000 NS USD 209856.00000000 0.264556810104 Long EP CORP US N 1 N N N PARAMOUNT GLOBAL 5KYC8KF17ROCY24M3H09 PARAMOUNT GLOBAL 6.25%/VAR 02/28/2057 92553PBC5 80000.00000000 PA USD 61768.25000000 0.077868687031 Long DBT CORP US N 2 2057-02-28 Variable 0.06250000 N N N N N N STRATEGY INC 549300WQTWEJUEHXQX21 STRATEGY INC 8% PC PERP 594972887 600.00000000 NS USD 43542.00000000 0.054891604841 Long EP CORP US N 1 N N N DTE ENERGY CO 549300IX8SD6XXD71I78 DTE ENERGY CO 4.375% PFD 10/15/2080 233331826 10425.00000000 NS USD 163151.25000000 0.205678056688 Long EP CORP US N 1 N N N BROOKFIELD PROPERTY PARTNERS LP 5493004J5Z0TZW83NU62 BROOKFIELD PROPERTY PARTN LP PFD 6.375% PERP N/A 1700.00000000 NS USD 26180.00000000 0.033004047006 Long EP CORP BM N 1 N N N METLIFE INC C4BXATY60WC6XEOZDX54 METLIFE INC 6.35%/VAR 03/15/2055 59156RCQ9 130000.00000000 PA USD 132269.80000000 0.166747085435 Long DBT CORP US N 2 2055-03-15 Variable 0.06350000 N N N N N N AMERICAN ELECTRIC POWER CO INC 1B4S6S7G0TW5EE83BO58 AMERICAN ELEC PWR CO INC 6.05%/VAR 03/15/2056 02557TAF6 410000.00000000 PA USD 398803.02000000 0.502754530873 Long DBT CORP US N 2 2056-03-15 Variable 0.06050000 N N N N N N STRATEGY INC 549300WQTWEJUEHXQX21 STRATEGY INC SER A 10% PERP PFD 594972879 8100.00000000 NS USD 828630.00000000 1.044619689485 Long EP CORP US N 1 N N N KEYCORP RKPI3RZGV1V1FJTH5T61 KEYCORP 5.625% PFD PERP 493267868 5400.00000000 NS USD 109242.00000000 0.137716887053 Long EP CORP US N 1 N N N REGIONS FINL CORP NEW CW05CS5KW59QTC0DG824 REGIONS FINL CORP NEW VAR/6.95% PERP PFD 7591EP860 3300.00000000 NS USD 83919.00000000 0.105793224626 Long EP CORP US N 1 N N N CAPITAL ONE FINANCIAL CORP ZUE8T73ROZOF6FLBAR73 CAPITAL ONE FINANCIAL CORP 3.95%/VAR PERP 14040HCF0 560000.00000000 PA USD 560000.00000000 0.705968919917 Long EP CORP US N 2 N N N METLIFE INC C4BXATY60WC6XEOZDX54 METLIFE INC 10.75% 08/01/2069 59156RAV0 128000.00000000 PA USD 163692.16000000 0.206359959632 Long DBT CORP US N 2 2069-08-01 Fixed 0.10750000 N N N N N N BROOKFIELD INFRASTRUCTURE PARTNERS LP 549300WEH5R2OODI7Y90 BROOKFIELD INFRA PARTNERS LP 5.125% PFD PERP N/A 825.00000000 NS USD 14157.00000000 0.017847146427 Long EP CORP BM N 1 N N N BROOKFIELD PROPERTY PREFERRED LP 254900N07TR905Y0G344 BROOKFIELD PROPERTY PREFERRED LP 6.25% 07/26/81 PFD N/A 4700.00000000 NS USD 79900.00000000 0.100726636966 Long EP CORP BM N 1 N N N BROOKFIELD PROPERTY PARTNERS LP 5493004J5Z0TZW83NU62 BROOKFIELD PROPERTY PARTN LP 5.75% PFD PERP N/A 1900.00000000 NS USD 26733.00000000 0.033701191314 Long EP CORP BM N 1 N N N STATE STREET CORP 549300ZFEEJ2IP5VME73 STATE STREET CORP VAR PERP 857477DJ9 325000.00000000 PA USD 323620.93000000 0.407975568598 Long DBT CORP US N 2 2199-12-31 Variable 0.06350000 N N N N N N PNC FINANCIAL SERVICES GRP INC CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES GRP INC 6.25%/VAR PERP 693475BP9 160000.00000000 PA USD 162508.32000000 0.204867541335 Long EP CORP US N 2 N N N ENBRIDGE INC 98TPTUM4IVMFCZBCUR27 ENBRIDGE INC 5.5%/VAR 07/15/2077 29250NAS4 126000.00000000 PA USD 125608.80000000 0.158349837264 Long EP CORP CA N 2 N N N NEXTERA ENERGY CAP HLDGS INC UMI46YPGBLUE4VGNNT48 NEXTERA ENERGY CAP HLDGS INC 6.7%/VAR 09/01/2054 65339KCW8 140000.00000000 PA USD 142317.28000000 0.179413529370 Long DBT CORP US N 2 2054-09-01 Variable 0.06700000 N N N N N N US BANCORP DEL N1GZ7BBF3NP8GI976H15 US BANCORP DEL SER L 3.75% PFD PERP 902973734 3500.00000000 NS USD 49173.95000000 0.061991572088 Long EP CORP US N 1 N N N HUNTINGTON BANCSHARES INC/OH 549300XTVCVV9I7B5T19 HUNTINGTON BANCSHARES INC/OH 5.625%/VAR PERP 446150AT1 226000.00000000 PA USD 225725.43000000 0.284562746455 Long EP CORP US N 2 N N N PNC FINANCIAL SERVICES GRP INC CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES GRP INC 3.4%/VAR PERP 693475BC8 945000.00000000 PA USD 943918.16000000 1.189958721261 Long EP CORP US N 2 N N N ALLY FINANCIAL INC 549300JBN1OSM8YNAI90 ALLY FINL INC 4.7%/VAR PERP 02005NBN9 685000.00000000 PA USD 664576.52000000 0.837804228620 Long EP CORP US N 2 N N N DUKE ENERGY CORP NEW I1BZKREC126H0VB1BL91 DUKE ENERGY CORP NEW SER A 5.75% PFD PERP 26441C501 6400.00000000 NS USD 152640.00000000 0.192426957029 Long EP CORP US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 6.25%/VAR PERP 06055HAK9 584000.00000000 PA USD 584745.18000000 0.737164148485 Long EP CORP US N 2 N N N ASSURANT INC H3F39CAXWQRVWURFXL38 ASSURANT INC 01/15/2026 5.25% PFD 04621X306 2500.00000000 NS USD 45850.00000000 0.057801205318 Long EP CORP US N 1 N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 ENERGY TRANSFER LP T5Y+NA 05/15/2054 29273VAX8 35000.00000000 PA USD 36682.04000000 0.046243535998 Long DBT CORP US N 2 2054-05-15 Variable 0.08000000 N N N N N N PLAINS ALL AMERN PIPELINE LP 5521FA2ITF25TVH63740 PLAINS ALL AMERN PIPELINE LP 6.125%/VAR PERP 726503AE5 285000.00000000 PA USD 285566.58000000 0.360002017941 Long EP CORP US N 2 N N N M and T BANK CORP 549300WYXDDBYRASEG81 M and T BANK CORP 7.5% PFD PERP 55261F864 4100.00000000 NS USD 110268.27000000 0.139010663344 Long EP CORP US N 1 N N N DOMINION ENERGY INC ILUL7B6Z54MRYCF6H308 DOMINION ENERGY INC 6.625%/VAR 05/15/2055 25746UDV8 500000.00000000 PA USD 501981.50000000 0.632827388167 Long DBT CORP US N 2 2055-05-15 Variable 0.06625000 N N N N N N DUKE ENERGY CORP NEW I1BZKREC126H0VB1BL91 DUKE ENERGY CORP 5.625% PFD 09/15/2078 26441C402 20900.00000000 NS USD 462308.00000000 0.582812641838 Long EP CORP US N 1 N N N NORTHERN TRUST CORP 549300GLF98S992BC502 NORTHERN TRUST CORP 4.6%/VAR PERP 665859AQ7 155000.00000000 PA USD 154909.39000000 0.195287883470 Long EP CORP US N 2 N N N SCHWAB CHARLES CORP 549300VSGCJ7E698NM85 SCHWAB CHARLES 4.45% PERP PFD 808513865 4500.00000000 NS USD 76095.00000000 0.095929830287 Long EP CORP US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 4.375%/VAR PERP 060505GB4 350000.00000000 PA USD 348398.19000000 0.439211239099 Long EP CORP US N 2 N N N PARTNER RE FIN B LLC 549300O0FAGHK2F79881 PARTNER RE FIN B LLC T5Y+NA 10/01/2050 70213BAC5 67000.00000000 PA USD 63573.23000000 0.080144150926 Long DBT CORP US N 2 2050-10-01 Variable 0.04500000 N N N N N N PRUDENTIAL FINL INC 5PRBRS5FEH7NREC8OR45 PRUDENTIAL FINL INC 5.7%/VAR 09/15/2048 744320BF8 120000.00000000 PA USD 120200.35000000 0.151531627255 Long DBT CORP US N 2 2048-09-15 Variable 0.05700000 N N N N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 6.625%/VAR PERP 06055HAH6 30000.00000000 PA USD 30767.31000000 0.038787079659 Long EP CORP US N 2 N N N PRUDENTIAL FINL INC 5PRBRS5FEH7NREC8OR45 PRUDENTIAL FINL INC T5Y+NA 03/01/2052 744320BJ0 150000.00000000 PA USD 145081.44000000 0.182898191958 Long DBT CORP US N 2 2052-03-01 Variable 0.05125000 N N N N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY SER L 4.875% PFD PERP 61762V804 5400.00000000 NS USD 101250.00000000 0.127641702038 Long EP CORP US N 1 N N N PRUDENTIAL FINL INC 5PRBRS5FEH7NREC8OR45 PRUDENTIAL FINL INC T5Y+NA 03/15/2054 744320BP6 120000.00000000 PA USD 122467.44000000 0.154389654182 Long DBT CORP US N 2 2054-03-15 Variable 0.06500000 N N N N N N DTE ENERGY CO 549300IX8SD6XXD71I78 DTE ENERGY CO 5.25% PFD 12/1/77 PAR= 25 233331859 14239.00000000 NS USD 274529.34000000 0.346087824367 Long EP CORP US N 1 N N N VODAFONE GRP PLC 213800TB53ELEUKM7Q61 VODAFONE GROUP PLC 7%/VAR 04/04/2079 92857WBQ2 400000.00000000 PA USD 410225.20000000 0.517154002441 Long DBT CORP GB N 2 2079-04-04 Variable 0.07000000 N N N N N N CAPITAL ONE FINANCIAL CORP ZUE8T73ROZOF6FLBAR73 CAPITAL ONE FINANCIAL CORP 4.25% PERP PFD 14040H733 3300.00000000 NS USD 50160.00000000 0.063234644684 Long EP CORP US N 1 N N N APOLLO GLOBAL MANAGEMENT, INC 254900LMFT1CY9IYB476 APOLLO ASSET MANAGEMENT INC 07.625/VAR 09/15/53 PFD 03769M205 4100.00000000 NS USD 104919.00000000 0.132267059122 Long EP CORP US N 1 N N N BP CAPITAL MARKETS PLC 549300CRVT18MXX0AG93 BP CAPITAL MARKETS PLC 4.875%/VAR PERP 05565QDV7 525000.00000000 PA USD 513349.57000000 0.647158645487 Long EP CORP GB N 2 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY 5.875%/VAR PERP 61762VAA9 435000.00000000 PA USD 430615.07000000 0.542858671193 Long EP CORP US N 2 N N N ALTAGAS LTD DR5LKEURSR8SXLM64266 ALTAGAS LTD 7.2%/VAR 10/15/2054 144A 021361AD2 200000.00000000 PA USD 206872.00000000 0.260795004287 Long DBT CORP CA N 2 2054-10-15 Variable 0.07200000 N N N N N N PNC FINANCIAL SERVICES GRP INC CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES GRP INC 6%/VAR PERP 693475BD6 170000.00000000 PA USD 170513.06000000 0.214958787143 Long EP CORP US N 2 N N N PG and E CORP 8YQ2GSDWYZXO2EDN3511 PG and E CORP 7.375%/VAR 03/15/2055 69331CAM0 271000.00000000 PA USD 272359.43000000 0.343352308261 Long DBT CORP US N 2 2055-03-15 Variable 0.07375000 N N N N N N ROGERS COMMUNICATIONS INC 5493000M6Z4XFIP6PF03 ROGERS COMMUNICATIONS INC 7%/VAR 04/15/2055 775109DG3 158000.00000000 PA USD 159171.10000000 0.200660445623 Long DBT CORP CA N 2 2055-04-15 Variable 0.07000000 N N N N N N DIGITAL REALTY TRUST INC 549300HKCZ31D08NEI41 DIGITAL RLTY TR INC SER L 5.2% PERP PFD 253868822 12600.00000000 NS USD 244692.00000000 0.308473119558 Long EP CORP US N 1 N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 ENERGY TRANSFER LP 6.625%/VAR PERP 29273VAJ9 3620000.00000000 PA USD 3641915.48000000 4.591212746157 Long EP CORP US N 2 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY 6.625% PFD PERP Q 61762V838 14500.00000000 NS USD 366995.00000000 0.462655471009 Long EP CORP US N 1 N N N NEXTERA ENERGY CAP HLDGS INC UMI46YPGBLUE4VGNNT48 NEXTERA ENERGY CAP HLDGS INC 4.8%/VAR 12/01/2077 65339KAV2 140000.00000000 PA USD 138630.69000000 0.174765997297 Long DBT CORP US N 2 2077-12-01 Variable 0.04800000 N N N N N N EQUITABLE HOLDINGS INC 549300FIBAKMNHPZ4009 EQUITABLE HOLDINGS INC 4.3% PFD PERP 29452E408 1000.00000000 NS USD 16660.00000000 0.021002575367 Long EP CORP US N 1 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 6.25% PERP PREF 172967242 23854.00000000 NS USD 577266.80000000 0.727736463036 Long EP CORP US N 1 N N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 WELLS FARGO and CO NEW 4.25% PERP PFD 95002Y400 10522.00000000 NS USD 169193.76000000 0.213295600007 Long EP CORP US N 1 N N N FORD MOTOR CO 20S05OYHG0MQM4VUIC57 FORD MOTOR CO 345370845 2600.00000000 NS USD 52390.00000000 0.066045913775 Long EP CORP US N 1 N N N AEGON FUNDING CO LLC KEIOKM01PSK5VZ5CCI74 AEGON FDG CO LLC 5.1% 12/15/2049 PFD 00775V104 3950.00000000 NS USD 70270.50000000 0.088587123191 Long EP CORP US N 1 N N N DOMINION ENERGY INC ILUL7B6Z54MRYCF6H308 DOMINION ENERGY INC 6%/VAR 02/15/2056 25746UDZ9 307000.00000000 PA USD 304495.59000000 0.383865040700 Long DBT CORP US N 2 2056-02-15 Variable 0.06000000 N N N N N N VODAFONE GRP PLC 213800TB53ELEUKM7Q61 VODAFONE GROUP PLC 3.25%/VAR 06/04/2081 92857WBV1 170000.00000000 PA USD 168993.16000000 0.213042711854 Long DBT CORP GB N 2 2081-06-04 Variable 0.03250000 N N N N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY 5.85% PFD PERP 61762V606 30700.00000000 NS USD 689829.00000000 0.869638989389 Long EP CORP US N 1 N N N SCHWAB CHARLES CORP 549300VSGCJ7E698NM85 CHARLES SCHWAB CORP NEW 5.95% PFD PERP 808513600 4300.00000000 NS USD 99846.00000000 0.125871737103 Long EP CORP US N 1 N N N FIRST CITIZENS BANCSHARES INC/NC 549300N3Z00ZHE2XC526 FIRST CITIZENS BANCSHARES INC/NC VAR PERP 31959XAG8 110000.00000000 PA USD 111088.67000000 0.140044907812 Long EP CORP US N 2 N N N NEXTERA ENERGY CAP HLDGS INC UMI46YPGBLUE4VGNNT48 NEXTERA ENERGY CAP HLDGS INC 6.75%/VAR 06/15/2054 65339KDB3 140000.00000000 PA USD 143276.70000000 0.180623030622 Long DBT CORP US N 2 2054-06-15 Variable 0.06750000 N N N N N N PUBLIC STORAGE 254900GLQZAD4N7N5Q19 PUBLIC STORAGE 5.6% SER H PFD PERP 74460W644 1500.00000000 NS USD 31222.50000000 0.039360918932 Long EP CORP US N 1 N N N CMS ENERGY CORP 549300IA9XFBAGNIBW29 CMS ENERGY CORP 5.875% PREF 10/15/2078 125896852 2400.00000000 NS USD 51096.00000000 0.064414621307 Long EP CORP US N 1 N N N T-MOBILE USA INC 549300V2JRLO5DIFGE82 T-MOBILE USA INC PFD 5.5% 03/01/2070 87264A204 32037.00000000 NS USD 639458.52000000 0.806139001244 Long EP CORP US N 1 N N N ENTERPRISE PRODUCTS OPERATING LLC 5493004LGN656HWLDA30 ENTERPRISE PRODS OPER LLC 4.875%/VAR 08/16/2077 29379VBM4 33000.00000000 PA USD 33007.32000000 0.041610967946 Long DBT CORP US N 2 2077-08-16 Variable 0.06988240 N N N N N N PRUDENTIAL FINL INC 5PRBRS5FEH7NREC8OR45 PRUDENTIAL FINANCIAL INC 4.125% PFD 09/01/2060 744320888 3100.00000000 NS USD 47461.00000000 0.059832126621 Long EP CORP US N 1 N N N CAPITAL ONE FINANCIAL CORP ZUE8T73ROZOF6FLBAR73 CAPITAL ONE FINANCIAL CORP SER L 4.375% PFD PERP 14040H758 4900.00000000 NS USD 74774.00000000 0.094264500032 Long EP CORP US N 1 N N N NIPPON LIFE INS CO 549300Y0HHMFW3EVWY08 NIPPON LIFE INS CO 6.3% 09/13/2053 144A 654579AM3 200000.00000000 PA USD 204178.64000000 0.257399596341 Long DBT CORP JP N 2 2053-09-13 Variable 0.06250000 N N N N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION SER HH 5.875% PFD PERP 060505195 14600.00000000 NS USD 345874.00000000 0.436029096799 Long EP CORP US N 1 N N N ASSURANT INC H3F39CAXWQRVWURFXL38 ASSURANT INC 7%/VAR 03/27/2048 04621XAK4 61000.00000000 PA USD 61816.52000000 0.077929539031 Long DBT CORP US N 2 2048-03-27 Variable 0.07000000 N N N N N N BELL TELEPHONE CO OF CANADA OR BELL CANADA/THE 549300O5ZKB2MUUSKB97 BELL TELEPHONE CO OF CANADA OR BELL CANADA/THE 6.875%/VAR 09/15/2055 0778FPAP4 140000.00000000 PA USD 141773.10000000 0.178727504072 Long DBT CORP CA N 2 2055-09-15 Variable 0.06875000 N N N N N N KEYCORP RKPI3RZGV1V1FJTH5T61 KEYCORP 5.65% PFD 493267876 5300.00000000 NS USD 108173.00000000 0.136369242811 Long EP CORP US N 1 N N N SOUTHERN COMPANY 549300FC3G3YU2FBZD92 SOUTHERN COMPANY 3.75%/VAR 09/15/2051 842587DJ3 400000.00000000 PA USD 399518.72000000 0.503656784366 Long DBT CORP US N 2 2051-09-15 Variable 0.03750000 N N N N N N SOUTHERN COMPANY 549300FC3G3YU2FBZD92 SOUTHERN COMPANY 4.2% PFD 10/15/2060 842587883 66098.00000000 NS USD 1045009.38000000 1.317400255897 Long EP CORP US N 1 N N N SYNCHRONY FINANCIAL 549300RS7EWPM9MA6C78 SYNCHRONY FINANCIAL SER A 5.625% PFD PERP 87165B202 4600.00000000 NS USD 85192.00000000 0.107398043260 Long EP CORP US N 1 N N N PUBLIC STORAGE 254900GLQZAD4N7N5Q19 PUBLIC STORAGE 3.875% PFD PERP 74460W511 3600.00000000 NS USD 52524.00000000 0.066214842053 Long EP CORP US N 1 N N N ENTERGY NEW ORLEANS LLC 1Q8BAFRNDFTDI3IGJH73 ENTERGY NEW ORLEANS INC 5.5% PFD 4/1/2066 25 29364P103 7400.00000000 NS USD 154216.00000000 0.194413755275 Long EP CORP US N 1 N N N REINSURANCE GROUP OF AMERICA INC LORM1GNEU1DKEW527V90 7.125% Fixed-Rate Rst Sbd Dbtrs due 2052 759351885 4000.00000000 NS USD 102560.00000000 0.129293165047 Long EP CORP US N 1 N N N US BANCORP DEL N1GZ7BBF3NP8GI976H15 US BANCORP DEL 4.5% PERP PFD 902973668 2800.00000000 NS USD 47516.00000000 0.059901462855 Long EP CORP US N 1 N N N TRUIST FINANCIAL CORP 549300DRQQI75D2JP341 TRUIST FINANCIAL CORP 4.75% PERP PFD 89832Q695 5900.00000000 NS USD 103545.00000000 0.130534913951 Long EP CORP US N 1 N N N T-MOBILE USA INC 549300V2JRLO5DIFGE82 T-MOBILE USA INC PFD 5.5% 06/01/2070 87264A303 32448.00000000 NS USD 652367.04000000 0.822412240390 Long EP CORP US N 1 N N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 WELLS FARGO and CO NEW SER Y 5.625% PFD 94988U656 19600.00000000 NS USD 435512.00000000 0.549032029020 Long EP CORP US N 1 N N N CMS ENERGY CORP 549300IA9XFBAGNIBW29 CMS ENERGY CORP SER C 4.2% PFD PERP 125896837 1600.00000000 NS USD 26080.00000000 0.032877981127 Long EP CORP US N 1 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 7.625%/VAR PERP 172967PE5 220000.00000000 PA USD 230165.10000000 0.290159655446 Long EP CORP US N 2 N N N CAPITAL ONE FINANCIAL CORP ZUE8T73ROZOF6FLBAR73 CAPITAL ONE FINANCIAL CORP SER J 5% PFD PERP 14040H782 7400.00000000 NS USD 123728.00000000 0.155978790220 Long EP CORP US N 1 N N N ENTERGY ARKANSAS LLC KYX6QEFGFXUFFAWLGG05 ENTERGY ARK 4.875% PFD 9/1/66 29364D100 8600.00000000 NS USD 167958.00000000 0.211737728306 Long EP CORP US N 1 N N N LIBERTY MUTUAL GROUP INC QUR0DG15Z6FFGYCHH861 LIBERTY MUTUAL GROUP INC T5Y+NA 12/15/2051 144A 53079EBM5 150000.00000000 PA USD 149984.64000000 0.189079454116 Long DBT CORP US N 2 2051-12-15 Variable 0.04125000 N N N N N N TRUIST FINANCIAL CORP 549300DRQQI75D2JP341 TRUIST FINL CORP SER O 5.25% PFD PERP 89832Q745 3800.00000000 NS USD 73492.00000000 0.092648335468 Long EP CORP US N 1 N N N PUBLIC STORAGE 254900GLQZAD4N7N5Q19 PUBLIC STORAGE 4% PERP PFD 74460W461 20000.00000000 NS USD 295800.00000000 0.372902868770 Long EP CORP US N 1 N N N SUMITOMO LIFE INS CO 549300I5OQCDADQSPI57 SUMITOMO LIFE INS CO 5.875%/VAR PERP 144A 86564CAE0 200000.00000000 PA USD 196824.68000000 0.248128762058 Long EP CORP JP N 2 N N N CARLYLE FINANCE LLC N/A CARLYLE FINANCE LLC 4.625% 05/15/2061 PFD 14314C105 7400.00000000 NS USD 118030.00000000 0.148795556460 Long EP CORP US N 1 N N N SIERRA PACIFIC POWER CO QB888G5GSVGE1LD1WV84 SIERRA PACIFIC POWER CO 6.375%/VAR 09/15/2056 826418BS3 411000.00000000 PA USD 409272.65000000 0.515953161915 Long DBT CORP US N 2 2056-09-15 Variable 0.06375000 N N N N N N GOLDMAN SACHS GROUP INC (THE) 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC (THE) 6.125%/VAR PERP 38141GB52 480000.00000000 PA USD 474871.63000000 0.598651092376 Long EP CORP US N 2 N N N BROOKFIELD OAKTREE HOLDINGS LLC 254900T1ODNFOK2L6090 BROOKFIELD OAKTREE HOLDINGS LLC SER A 6.625% SER A PERP PFD 674001300 7000.00000000 NS USD 143150.00000000 0.180463305154 Long EP CORP US N 1 N N N AXIS CAPITAL HOLDINGS LTD 635400VD2NQBYAHMEM55 AXIS CAP HLDGS 5.5% PFD PERP 05461T305 2800.00000000 NS USD 51296.00000000 0.064666753064 Long EP CORP BM N 1 N N N US BANCORP DEL N1GZ7BBF3NP8GI976H15 US BANCORP DEL SER K 5.5% PFD PERP 902973759 3500.00000000 NS USD 72800.00000000 0.091775959589 Long EP CORP US N 1 N N N METLIFE INC C4BXATY60WC6XEOZDX54 METLIFE INC 6.4%/VAR 12/15/2066 59156RAP3 319000.00000000 PA USD 321408.45000000 0.405186386248 Long DBT CORP US N 2 2066-12-15 Variable 0.06400000 N N N N N N DIGITAL REALTY TRUST INC 549300HKCZ31D08NEI41 DIGITAL RLTY TR INC 5.25% PFD PERP 253868855 4350.00000000 NS USD 85629.75000000 0.107949896643 Long EP CORP US N 1 N N N DAI-ICHI LIFE INSURANCE CO LTD 3538001235ACEIORUV72 DAI-ICHI LIFE INSURANCE CO LTD 6.2%/VAR PERP 144A 23381LAA2 260000.00000000 PA USD 260807.56000000 0.328789341856 Long EP CORP JP N 2 N N N GOLDMAN SACHS GROUP INC (THE) 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC (THE) 7.5%/VAR PERP 38141GA79 160000.00000000 PA USD 165764.48000000 0.208972448047 Long EP CORP US N 2 N N N CAPITAL ONE FINANCIAL CORP ZUE8T73ROZOF6FLBAR73 CAPITAL ONE FINANCIAL CORP PFD 5% PERP 14040H824 9900.00000000 NS USD 171864.00000000 0.216661861522 Long EP CORP US N 1 N N N STATE STREET CORP 549300ZFEEJ2IP5VME73 STATE STREET CORP 6.7%/VAR PERP 857477CH4 250000.00000000 PA USD 255751.50000000 0.322415375397 Long EP CORP US N 2 N N N GOLDMAN SACHS GROUP INC (THE) 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC (THE) 6.85%/VAR PERP 38141GC28 680000.00000000 PA USD 696889.84000000 0.878540299368 Long EP CORP US N 2 N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE and CO FRN TSFR3M+274.5 PERP 48128BAH4 1005000.00000000 PA USD 1007450.19000000 1.270050933045 Long EP CORP US N 2 N N N MEIJI YASUDA LIFE INSURANCE CO 549300SLU4LP6YMRLK07 MEIJI YASUDA LIFE INSURANCE CO 5.8%/VAR 09/11/2054 144A 585270AD3 150000.00000000 PA USD 146840.43000000 0.185115678156 Long DBT CORP JP N 2 2054-09-11 Variable 0.05800000 N N N N N N AMERICAN EXPRESS CO R4PP93JZOLY261QX3811 AMERICAN EXPRESS CO 3.55%/VAR PERP 025816CH0 217000.00000000 PA USD 216737.28000000 0.273231756192 Long EP CORP US N 2 N N N BERKLEY WR CORP SQOAGCLKBDWNVYV1OV80 BERKLEY WR CORP 4.25% PFD 09/30/2060 084423888 5000.00000000 NS USD 77800.00000000 0.098079253517 Long EP CORP US N 1 N N N COREBRIDGE FINANCIAL INC 549300XY1661QCIA7J65 COREBRIDGE FINANCIAL INC T5Y+NA 09/15/2054 21871XAT6 130000.00000000 PA USD 128757.32000000 0.162319046664 Long DBT CORP US N 2 2054-09-15 Variable 0.06375000 N N N N N N TRUIST FINANCIAL CORP 549300DRQQI75D2JP341 TRUIST FINANCIAL CORP 5.1%/VAR PERP 89832QAF6 403000.00000000 PA USD 399142.73000000 0.503182789270 Long EP CORP US N 2 N N N NORTHERN TRUST CORP 549300GLF98S992BC502 NORTHERN TRUST CORP SER E 4.7% PFD PERP 665859856 1500.00000000 NS USD 28455.00000000 0.035872045743 Long EP CORP US N 1 N N N HUNTINGTON BANCSHARES INC/OH 549300XTVCVV9I7B5T19 HUNTINGTON BANCSHARES INC SER C 5.7% PFD PERP 446150781 1200.00000000 NS USD 25066.56000000 0.031600379087 Long EP CORP US N 1 N N N EDISON INTERNATIONAL 549300I7ROF15MAEVP56 EDISON INTERNATIONAL 7.875%/VAR 06/15/2054 281020AZ0 15000.00000000 PA USD 15196.68000000 0.019157828153 Long DBT CORP US N 2 2054-06-15 Variable 0.07875000 N N N N N N ELECTRICITE DE FRANCE 549300X3UK4GG3FNMO06 ELECTRICITE DE FRANCE T5Y+NA PERP 144A 28504KAA5 200000.00000000 PA USD 229526.80000000 0.289354976943 Long EP CORP FR N 2 N N N VORNADO REALTY TRUST N/A VORNADO RLTY SR L 5.4% PFD PRP 929042844 8800.00000000 NS USD 154616.00000000 0.194918018789 Long EP CORP US N 1 N N N CITIZENS FINANCIAL GRP INC 2138004JDDA4ZQUPFW65 CITIZENS FINANCIAL GRP INC SER E 5% PFD PERP 174610402 2000.00000000 NS USD 36400.00000000 0.045887979794 Long EP CORP US N 1 N N N NEXTERA ENERGY CAP HLDGS INC UMI46YPGBLUE4VGNNT48 NEXTERA ENERGY CAP HLDGS INC 6.5% 06/01/2085 PFD 65339K837 4400.00000000 NS USD 101948.00000000 0.128521641871 Long EP CORP US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 06055H400 9062.00000000 NS USD 150882.30000000 0.190211097081 Long EP CORP US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION SER PP 4.125% PFD PERP 06055H608 7500.00000000 NS USD 120750.00000000 0.152224548357 Long EP CORP US N 1 N N N DTE ENERGY CO 549300IX8SD6XXD71I78 DTE ENERGY CO 4.375% 12/01/2081 233331818 8600.00000000 NS USD 137342.00000000 0.173141398927 Long EP CORP US N 1 N N N BANK NEW YORK MELLON CORP WFLLPEPC7FZXENRZV188 BANK NEW YORK MELLON CORP 3.75%/VAR PERP 064058AL4 96000.00000000 PA USD 95572.83000000 0.120484727801 Long EP CORP US N 2 N N N SUMISHO AIR LEASE CORP 5493004NW4M4P8TMMK63 SUMISHO AIR LEASE CORP 8.256%/VAR PERP 00912XBJ2 300000.00000000 PA USD 300750.00000000 0.379143129759 Long EP CORP US N 2 N N N SCE TRUST II N/A SCE TRUST II 5.1% PFD PERP 78407R204 8331.00000000 NS USD 140377.35000000 0.176967939572 Long EP CORP US N 1 N N N PRUDENTIAL FINL INC 5PRBRS5FEH7NREC8OR45 PRUDENTIAL FINL INC 5.625% 08/15/2058 PFD 744320805 3800.00000000 NS USD 77558.00000000 0.097774174091 Long EP CORP US N 1 N N N BP CAPITAL MARKETS PLC 549300CRVT18MXX0AG93 BP CAPITAL MARKETS PLC 6.125%/VAR PERP 05565QDX3 275000.00000000 PA USD 273234.03000000 0.344454880435 Long EP CORP GB N 2 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY 6.375/VAR PREF PERP 61761J406 6400.00000000 NS USD 156250.88000000 0.196979044624 Long EP CORP US N 1 N N N TRANSCANADA PIPELINES LTD 5BV01I6231JPDAPMGH09 TRANSCANADA PIPELINES LTD 11/01/85 PFD 893526681 7100.00000000 NS USD 155490.00000000 0.196019834567 Long EP CORP CA N 1 N N N PACIFICORP SGY07Y7FNYBNLM6Z1M11 PACIFICORP 7.375%/VAR 09/15/2055 695114DF2 81000.00000000 PA USD 81031.10000000 0.102152568119 Long DBT CORP US N 2 2055-09-15 Variable 0.07375000 N N N N N N STANDARD CHARTERED PLC U4LOSYZ7YG4W3S5F2G91 STANDARD CHARTERED PLC 7.625%/VAR PERP 144A 853254DF4 200000.00000000 PA USD 209094.20000000 0.263596440241 Long EP CORP GB N 2 N N N PUBLIC STORAGE 254900GLQZAD4N7N5Q19 PUBLIC STORAGE 3.9% PFD PERP O 74460W487 3500.00000000 NS USD 50470.00000000 0.063625448907 Long EP CORP US N 1 N N N ENTERPRISE PRODUCTS OPERATING LLC 5493004LGN656HWLDA30 ENTERPRISE PRODS OPER LLC 5.375%/VAR 02/15/2078 29379VBR3 67000.00000000 PA USD 66756.35000000 0.084156979119 Long DBT CORP US N 2 2078-02-15 Variable 0.05375000 N N N N N N MEIJI YASUDA LIFE INSURANCE CO 549300SLU4LP6YMRLK07 MEIJI YASUDA LIFE INSURANCE CO 6.1%/VAR 06/11/2055 144A 585270AE1 290000.00000000 PA USD 287342.18000000 0.362240443681 Long DBT CORP JP N 2 2055-06-11 Variable 0.06100000 N N N N N N BRIGHTHOUSE FINANCIAL INC 5493003T8SZSHOGGAW52 BRIGHTHOUSE FINANCIAL INC 10922N707 4000.00000000 NS USD 47140.00000000 0.059427455151 Long EP CORP US N 1 N N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 WELLSFARGO CL A SERIES Z 4.75% PFD PERP 94988U151 31630.00000000 NS USD 563646.60000000 0.710566038245 Long EP CORP US N 1 N N N TRANSCANADA PIPELINES LTD 5BV01I6231JPDAPMGH09 TRANSCANADA PIPELINES LTD 7%/VAR 06/01/2065 89352HBG3 135000.00000000 PA USD 137788.70000000 0.173704535206 Long DBT CORP CA N 2 2065-06-01 Variable 0.07000000 N N N N N N GOLDMAN SACHS GROUP INC (THE) 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC (THE) 6.5%/VAR PERP 38141GF66 405000.00000000 PA USD 403043.69000000 0.508100568766 Long EP CORP US N 2 N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE and CO 4.55% PERP PFD 48128B580 22900.00000000 NS USD 408994.00000000 0.515601879344 Long EP CORP US N 1 N N N COREBRIDGE FINANCIAL INC 549300XY1661QCIA7J65 COREBRIDGE FINANCIAL INC 6.875% PERP 21871XAU3 110000.00000000 PA USD 113896.42000000 0.143584522517 Long EP CORP US N 2 N N N AMERICAN FINL GROUP INC OHIO 549300AFOM7IVKIU1G39 AMERICAN FINL GROUP INC OHIO 4.5% PFD 09/15/2060 025932864 6000.00000000 NS USD 96360.00000000 0.121477080577 Long EP CORP US N 1 N N N BROOKFIELD FIN INC 549300XH8D8K6OYWGD17 BROOKFIELD CORP 4.625% PFD 10/16/2080 11271L102 2500.00000000 NS USD 37162.50000000 0.046849232118 Long EP CORP CA N 1 N N N BRIGHTHOUSE FINANCIAL INC 5493003T8SZSHOGGAW52 BRIGHTHOUSE FINANCIAL INC 6.6% PFD PERP SER A PAR=25 10922N301 3800.00000000 NS USD 54796.00000000 0.069079058813 Long EP CORP US N 1 N N N ROGERS COMMUNICATIONS INC 5493000M6Z4XFIP6PF03 ROGERS COMMUNICATIONS INC 5.25%/VAR 03/15/2082 144A 775109BS9 510000.00000000 PA USD 508774.57000000 0.641391131543 Long DBT CORP CA N 2 2082-03-15 Variable 0.05250000 N N N N N N US BANCORP DEL N1GZ7BBF3NP8GI976H15 US BANCORP DEL 5.3%/VAR PERP 902973AZ9 170000.00000000 PA USD 169716.54000000 0.213954647207 Long EP CORP US N 2 N N N ENBRIDGE INC 98TPTUM4IVMFCZBCUR27 ENBRIDGE INC 8.5%/VAR 01/15/2084 29250NBT1 1575000.00000000 PA USD 1776348.00000000 2.239368712425 Long DBT CORP CA N 2 2084-01-15 Variable 0.08500000 N N N N N N AMERICAN ELECTRIC POWER CO INC 1B4S6S7G0TW5EE83BO58 AMERICAN ELECTRIC POWER INC 3.875%/VAR 02/15/2062 025537AU5 135000.00000000 PA USD 134154.33000000 0.169122834736 Long DBT CORP US N 2 2062-02-15 Variable 0.03875000 N N N N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE and CO 4.625% PERP PFD 48128B549 23223.00000000 NS USD 422426.37000000 0.532535514596 Long EP CORP US N 1 N N N BITMINE IMMERSION TECHNOLOGIES INC 254900TGJJ1D9JNAQT27 BITMINE IMMERSION TECHNOLOGIES INC PFD PERP SER A 09175D200 3462.00000000 NS USD 338029.68000000 0.426140085874 Long EP CORP US N 1 N N N ALLSTATE CORP OBT0W1ED8G0NWVOLOJ77 ALLSTATE CORP SER I 4.75% PFD PERP 020002812 2000.00000000 NS USD 34680.00000000 0.043719646683 Long EP CORP US N 1 N N N ALLSTATE CORP OBT0W1ED8G0NWVOLOJ77 ALLSTATE CORP SER J 7.375% PFD PERP 020002788 4100.00000000 NS USD 105862.00000000 0.133455860357 Long EP CORP US N 1 N N N ATHENE HOLDING LTD 549300H316CT32FQXI76 ATHENE HOLDING LTD SER A 6.35%/VAR PFD PERP 04686J861 6000.00000000 NS USD 142980.00000000 0.180248993160 Long EP CORP US N 1 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 6.625%/VAR PERP 172967QJ3 555000.00000000 PA USD 562890.99000000 0.709613471860 Long EP CORP US N 2 N N N ENTERGY LOUISIANA LLC 0V5453U14HDZO63CGH17 ENTERGY LA 4.875% PFD 9/1/66 29364W108 1000.00000000 NS USD 19670.00000000 0.024797158312 Long EP CORP US N 1 N N N ARCH CAPITAL GROUP LTD 549300AYR4P8AFKDCE43 ARCH CAPITAL GROUP LTD SER G 4.55% PFD PERP 03939A404 2250.00000000 NS USD 35572.50000000 0.044844784649 Long EP CORP BM N 1 N N N VISTRA CORP 549300KP43CPCUJOOG15 VISTRA CORP 7%/VAR PERP 144A 92840MAC6 470000.00000000 PA USD 472321.80000000 0.595436626785 Long EP CORP US N 2 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 2297910.36100000 NS USD 2298369.94000000 2.897460257346 Long STIV RF US N 1 N N N SUMISHO AIR LEASE CORP 5493004NW4M4P8TMMK63 SUMISHO AIR LEASE CORP 6%/VAR PERP 00912XBQ6 70000.00000000 PA USD 67724.36000000 0.085377309430 Long EP CORP US N 2 N N N SOUTHERN COMPANY 549300FC3G3YU2FBZD92 SOUTHERN CO 5.25% 12/01/77 PFD 842587404 5084.00000000 NS USD 99341.36000000 0.125235558254 Long EP CORP US N 1 N N N TRUIST FINANCIAL CORP 549300DRQQI75D2JP341 TRUIST FINANCIAL CORP 5.125%/VAR PERP 89832QAC3 60000.00000000 PA USD 59856.71000000 0.075458887336 Long EP CORP US N 2 N N N AT and T INC 549300Z40J86GGSTL398 AT and T INC SER C 4.75% PFD PERP 00206R706 45947.00000000 NS USD 773747.48000000 0.975431558472 Long EP CORP US N 1 N N N CAPITAL ONE FINANCIAL CORP ZUE8T73ROZOF6FLBAR73 CAPITAL ONE FINANCIAL CORP 5.5%/VAR PERP 14040HDK8 315000.00000000 PA USD 314862.42000000 0.396934076018 Long EP CORP US N 2 N N N NEXTERA ENERGY CAP HLDGS INC UMI46YPGBLUE4VGNNT48 NEXTERA ENERGY CAP HLDGS INC 5.65% 03/01/2079 PFD 65339K860 5600.00000000 NS USD 116928.00000000 0.147406310478 Long EP CORP US N 1 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 6.95%/VAR PERP 17327CAV5 275000.00000000 PA USD 278247.75000000 0.350775470601 Long EP CORP US N 2 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC T5Y+289 6.875%/VAR PERP 17327CBC6 735000.00000000 PA USD 743990.52000000 0.937918185417 Long EP CORP US N 2 N N N SOUTHERN COMPANY 549300FC3G3YU2FBZD92 SOUTHERN CO SER A 6.5% 03/15/2085 PFD 842587867 20300.00000000 NS USD 508109.00000000 0.640552074876 Long EP CORP US N 1 N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 JP MORGAN CHASE 4.75% PFD PERP 48128B622 24705.00000000 NS USD 462230.55000000 0.582715003815 Long EP CORP US N 1 N N N BRIGHTHOUSE FINANCIAL INC 5493003T8SZSHOGGAW52 BRIGHTHOUSE FINANCIAL INC 6.25% PFD 09/15/2058 10922N202 1600.00000000 NS USD 25200.00000000 0.031768601396 Long EP CORP US N 1 N N N US BANCORP DEL N1GZ7BBF3NP8GI976H15 US BANCORP SER M 4% PFD PERP 902973718 5300.00000000 NS USD 79553.00000000 0.100289188368 Long EP CORP US N 1 N N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 WELLS FARGO and CO NEW 7.625%/VAR PERP 95002YAA1 75000.00000000 PA USD 78069.38000000 0.098418849780 Long EP CORP US N 2 N N N VOYA FINANCIAL INC 549300T065Z4KJ686G75 VOYA FINANCIAL INC SER B 5.35%/VAR PFD PERP 929089209 5000.00000000 NS USD 117300.00000000 0.147875275547 Long EP CORP US N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 5% PERP PFD 06055H202 8700.00000000 NS USD 170172.00000000 0.214528826857 Long EP CORP US N 1 N N N BARCLAYS PLC 213800LBQA1Y9L22JB70 BARCLAYS PLC 7.625%/VAR PERP 06738EDC6 200000.00000000 PA USD 207529.80000000 0.261624265637 Long EP CORP GB N 2 N N N BROOKFIELD INFRASTRUCTURE FINANCE ULC 984500CDDWC47U7DBA74 BROOKFIELD INFRASTRUCTURE FINANCE ULC 7.25% PFD 05/31/2084 11276B208 1100.00000000 NS USD 26592.50000000 0.033524068755 Long EP CORP CA N 1 N N N ALGONQUIN PWR and UTILS CORP 549300K5VIUTJXQL7X75 ALGONQUIN PWR and UTILS CORP 19-A 6.2%/VAR PFD 07/01/2079 015857808 3000.00000000 NS USD 78780.00000000 0.099314699127 Long EP CORP CA N 1 N N N ACRISURE LLC / ACRISURE FINANCE INC N/A ACRISURE LLC / ACRISURE FINANCE INC 6% 08/01/2029 144A 00489LAH6 420000.00000000 PA USD 356546.40000000 0.449483351622 Long DBT CORP US N 2 2029-08-01 Fixed 0.06000000 N N N N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE and CO SER MM 4.2% PFD PERP 48128B523 15100.00000000 NS USD 253227.00000000 0.319232842292 Long EP CORP US N 1 N N N PRUDENTIAL FINL INC 5PRBRS5FEH7NREC8OR45 PRUDENTIAL FINL INC T5Y+NA 09/01/2052 744320BK7 200000.00000000 PA USD 200423.40000000 0.252665520043 Long DBT CORP US N 2 2052-09-01 Variable 0.06000000 N N N N N N ATHENE HOLDING LTD 549300H316CT32FQXI76 ATHENE HOLDING LTD SER D 4.875% PFD PERP 04686J408 4000.00000000 NS USD 65040.00000000 0.081993247413 Long EP CORP US N 1 N N N ALLSTATE CORP OBT0W1ED8G0NWVOLOJ77 ALLSTATE CORP SER H 5.1% PERP PFD 020002838 10000.00000000 NS USD 186690.00000000 0.235352388677 Long EP CORP US N 1 N N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 WELLS FARGO and CO NEW 6.55%/VAR PERP 95002YAG8 805000.00000000 PA USD 805308.32000000 1.015219008698 Long DBT CORP US N 2 2199-12-31 Variable 0.06550000 N N N N N N BRIGHTHOUSE FINANCIAL INC 5493003T8SZSHOGGAW52 BRIGHTHOUSE FINANCIAL INC SER D 0% PFD PERP 10922N889 4000.00000000 NS USD 41600.00000000 0.052443405479 Long EP CORP US N 1 N N N NEXTERA ENERGY CAP HLDGS INC UMI46YPGBLUE4VGNNT48 NEXTERA ENERGY CAP HLDGS INC 6.375%/VAR 08/15/2055 65339KDE7 263000.00000000 PA USD 264423.62000000 0.333347959664 Long DBT CORP US N 2 2055-08-15 Variable 0.06375000 N N N N N N HUNTINGTON BANCSHARES INC/OH 549300XTVCVV9I7B5T19 HUNTINGTON BANCSHARES INC SER H 4.5% PFD PERP 446150823 3100.00000000 NS USD 51274.00000000 0.064639018571 Long EP CORP US N 1 N N N REGIONS FINL CORP NEW CW05CS5KW59QTC0DG824 REGIONS FINANCIAL CORP 4.45% PERP PFD 7591EP886 3600.00000000 NS USD 58536.00000000 0.073793922671 Long EP CORP US N 1 N N N TRANSCANADA TRUST 549300Y0MFCAXLBWUV51 TRANSCANADA TRUST 5.5%/VAR 09/15/2079 89356BAE8 128000.00000000 PA USD 126421.90000000 0.159374878923 Long DBT CORP CA N 2 2079-09-15 Variable 0.05500000 N N N N N N NEXTERA ENERGY CAP HLDGS INC UMI46YPGBLUE4VGNNT48 NEXTERA ENERGY CAP HLDGS INC 6.5%/VAR 08/15/2055 65339KDF4 140000.00000000 PA USD 140716.94000000 0.177396046689 Long DBT CORP US N 2 2055-08-15 Variable 0.06500000 N N N N N N VISTRA CORP 549300KP43CPCUJOOG15 VISTRA CORP 8%/VAR PERP 144A 92840MAB8 100000.00000000 PA USD 100092.80000000 0.126182867692 Long EP CORP US N 2 N N N PUBLIC STORAGE 254900GLQZAD4N7N5Q19 PUBLIC STORAGE 4.7% SER J PFD PERP 74460W594 1700.00000000 NS USD 29801.00000000 0.037568892468 Long EP CORP US N 1 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 6.75%/VAR PERP 172967PR6 810000.00000000 PA USD 812753.19000000 1.024604449471 Long EP CORP US N 2 N N N NIPPON LIFE INS CO 549300Y0HHMFW3EVWY08 NIPPON LIFE INS CO 2.9%/VAR 09/16/2051 144A 654579AK7 190000.00000000 PA USD 166386.25000000 0.209756287860 Long EP CORP JP N 2 N N N BROOKFIELD RENEWABLE PARTNERS LP VA8DFMRI2GY8Y7V79H93 BROOKFIELD RENEWABLE PARTNERS LP 5.25% PFD PERP N/A 2395.00000000 NS USD 40511.43000000 0.051071090145 Long EP CORP BM N 1 N N N M and T BANK CORP 549300WYXDDBYRASEG81 M and T BANK CORP 6.625% PFD PERP SER L 25 55261F823 26058.00000000 NS USD 656661.60000000 0.827826215185 Long EP CORP US N 1 N N N SEMPRA PBBKGKLRK5S5C0Y4T545 SEMPRA 4.125%/VAR 04/01/2052 816851BM0 710000.00000000 PA USD 704465.27000000 0.888090331752 Long DBT CORP US N 2 2052-04-01 Variable 0.04125000 N N N N N N NAVIENT CORP 54930067J0ZNOEBRW338 NAVIENT CORP 6.0% PFD 12/15/2043 63938C405 1500.00000000 NS USD 27480.00000000 0.034642903427 Long EP CORP US N 1 N N N ARES FINANCE CO III LLC N/A ARES FINANCE CO III LLC 4.125%/VAR 06/30/2051 144A 04018VAA1 75000.00000000 PA USD 75201.00000000 0.094802801333 Long DBT CORP US N 2 2051-06-30 Variable 0.07357000 N N N N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 4.15%/VAR PERP 172967NB3 89000.00000000 PA USD 88774.39000000 0.111914214686 Long EP CORP US N 2 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY 6.875% PFD PERP 61763E207 600.00000000 NS USD 15171.00000000 0.019125454435 Long EP CORP US N 1 N N N SEMPRA PBBKGKLRK5S5C0Y4T545 SEMPRA ENERGY 5.75% PFD 07/01/2079 816851604 5700.00000000 NS USD 115140.00000000 0.145152252570 Long EP CORP US N 1 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 7%/VAR PERP 172967PM7 270000.00000000 PA USD 277528.33000000 0.349868527458 Long EP CORP US N 2 N N N SUMITOMO LIFE INS CO 549300I5OQCDADQSPI57 SUMITOMO LIFE INS CO 3.375%/VAR 04/15/2081 144A 86564CAC4 220000.00000000 PA USD 199336.81000000 0.251295700813 Long EP CORP JP N 2 N N N PNC FINANCIAL SERVICES GRP INC CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES GRP INC 6.2%/VAR PERP 693475BF1 200000.00000000 PA USD 201239.40000000 0.253694217612 Long EP CORP US N 2 N N N SOUTHERN COMPANY 549300FC3G3YU2FBZD92 SOUTHERN COMPANY 6.375%/VAR 03/15/2055 842587EB9 135000.00000000 PA USD 135710.10000000 0.171084129855 Long DBT CORP US N 2 2055-03-15 Variable 0.06375000 N N N N N N PUBLIC STORAGE 254900GLQZAD4N7N5Q19 PUBLIC STORAGE 4.875% SER I PFD PERP 74460W628 1500.00000000 NS USD 27247.50000000 0.034349800259 Long EP CORP US N 1 N N N TRANSCANADA TRUST 549300Y0MFCAXLBWUV51 TRANSCANADA TRUST 5.3%/VAR 03/15/2077 89356BAC2 161000.00000000 PA USD 160597.53000000 0.202458687134 Long DBT CORP CA N 2 2077-03-15 Variable 0.05300000 N N N N N N WELLS FARGO and CO PBLD0EJDB5FWOLXP3B76 WELLS FARGO and CO NEW 4.7% PFD 94988U128 9400.00000000 NS USD 165158.00000000 0.208207883706 Long EP CORP US N 1 N N N PARAMOUNT GLOBAL 5KYC8KF17ROCY24M3H09 PARAMOUNT GLOBAL 6.375%/VAR 03/30/2062 92556HAE7 125000.00000000 PA USD 102410.91000000 0.129105213429 Long DBT CORP US N 2 2062-03-30 Variable 0.06375000 N N N N N N NIPPON LIFE INS CO 549300Y0HHMFW3EVWY08 NIPPON LIFE INS CO 3.4%/VAR 01/23/2050 144A 654579AG6 100000.00000000 PA USD 93250.51000000 0.117557074690 Long DBT CORP JP N 2 2050-01-23 Variable 0.03400000 N N N N N N PRUDENTIAL FINL INC 5PRBRS5FEH7NREC8OR45 PRUDENTIAL FINL INC 3.7%/VAR 10/01/2050 744320BH4 200000.00000000 PA USD 184162.30000000 0.232165821465 Long DBT CORP US N 2 2050-10-01 Variable 0.03700000 N N N N N N NIPPON LIFE INS CO 549300Y0HHMFW3EVWY08 NIPPON LIFE INS CO 6.5%/VAR 04/30/2055 144A 654579AP6 400000.00000000 PA USD 410754.00000000 0.517820638807 Long DBT CORP JP N 2 2055-04-30 Variable 0.06500000 N N N N N N US BANCORP DEL N1GZ7BBF3NP8GI976H15 US BANCORP DEL 3.7%/VAR PERP 902973BC9 815000.00000000 PA USD 808534.28000000 1.019285843514 Long EP CORP US N 2 N N N MEIJI YASUDA LIFE INSURANCE CO 549300SLU4LP6YMRLK07 MEIJI YASUDA LIFE INSURANCE CO USISDA05+NA 04/26/2048 144A 585270AC5 200000.00000000 PA USD 200094.60000000 0.252251015434 Long DBT CORP JP N 2 2048-04-26 Variable 0.05100000 N N N N N N VODAFONE GRP PLC 213800TB53ELEUKM7Q61 VODAFONE GROUP PLC 5.125%/VAR 06/04/2081 92857WBX7 215000.00000000 PA USD 158554.04000000 0.199882543513 Long DBT CORP GB N 2 2081-06-04 Variable 0.05125000 N N N N N N GOLDMAN SACHS GROUP INC (THE) 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC (THE) 5.3%/VAR PERP 38148BAC2 79000.00000000 PA USD 78940.79000000 0.099517400453 Long EP CORP US N 2 N N N AMERICAN HOMES 4 RENT 549300ZJUO7A58PNUW40 AMERICAN HOMES 4 RENT SER H 6.25% PERP PFD 02665T868 1000.00000000 NS USD 23330.00000000 0.029411169467 Long EP CORP US N 1 N N N NEXTERA ENERGY CAP HLDGS INC UMI46YPGBLUE4VGNNT48 NEXTERA ENERGY CAP HLDGS INC 5.65%/VAR 05/01/2079 65339KBK5 234000.00000000 PA USD 233052.51000000 0.293799694230 Long DBT CORP US N 2 2079-05-01 Variable 0.05650000 N N N N N N UNUM GROUP 549300E32YFDO6TZ8R31 UNUM GROUP 6.25% 06/15/2058 PFD 91529Y601 3500.00000000 NS USD 74935.00000000 0.094467466096 Long EP CORP US N 1 N N N TELEPHONE and DATA SYSTEMS INC 5299003YZW5BE2NNLO37 TELEPHONE and DATA SYSTEMS INC 6% PFD PERP 879433761 3500.00000000 NS USD 67165.00000000 0.084672147332 Long EP CORP US N 1 N N N ARCH CAPITAL GROUP LTD 549300AYR4P8AFKDCE43 ARCH CAPITAL GR 5.45% PFD PERP 03939A107 2000.00000000 NS USD 37820.00000000 0.047678115270 Long EP CORP BM N 1 N N N DTE ENERGY CO 549300IX8SD6XXD71I78 DTE ENERGY CO 6.25% SER H PFD 10/01/85 233331792 26300.00000000 NS USD 609371.00000000 0.768208904820 Long EP CORP US N 1 N N N M and T BANK CORP 549300WYXDDBYRASEG81 M and T BANK CORP 5.125%/VAR PERP 55261FAH7 50000.00000000 PA USD 49937.50000000 0.062954148104 Long EP CORP US N 2 N N N CITIZENS FINANCIAL GRP INC 2138004JDDA4ZQUPFW65 CITIZENS FINANCIAL GROUP INC 6.5%/VAR PFD PERP 174610808 5200.00000000 NS USD 129012.00000000 0.162640111243 Long EP CORP US N 1 N N N CMS ENERGY CORP 549300IA9XFBAGNIBW29 CMS ENERGY CORP T5Y+NA 12/01/2050 125896BV1 409000.00000000 PA USD 377127.65000000 0.475429285253 Long DBT CORP US N 2 2050-12-01 Variable 0.03750000 N N N N N N BROOKFIELD PROPERTY PARTNERS LP 5493004J5Z0TZW83NU62 BROOKFIELD PROPERTY PARTN LP 6.5% PERP PFD N/A 1700.00000000 NS USD 27905.06000000 0.035178759050 Long EP CORP BM N 1 N N N QWEST CORPORATION 549300R2L4N683OO1509 QWEST CORP 6.5% PFD 09/01/51 74913G865 5900.00000000 NS USD 98471.00000000 0.124138331273 Long EP CORP US N 1 N N N KKR GROUP FINANCE CO IX LLC N/A KKR GROUP FINANCE CO IX LLC 4.625% PFD 04/01/2061 48253M104 5000.00000000 NS USD 80500.00000000 0.101483032238 Long EP CORP US N 1 N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE and CO 6.5%/VAR PERP 48128AAJ2 255000.00000000 PA USD 259067.25000000 0.326595404765 Long EP CORP US N 2 N N N PUBLIC STORAGE 254900GLQZAD4N7N5Q19 PUBLIC STORAGE 3.95% PERP PFD 74460W446 3500.00000000 NS USD 50880.55000000 0.064143012372 Long EP CORP US N 1 N N N SCORPIO TANKERS INC 549300NVJUH16NXG8K87 SCORPIO TANKERS INC CONV 1.75% 04/15/2031 144A 80918TAF6 110000.00000000 PA USD 116622.00000000 0.147020548890 Long DBT CORP MH N 2 2031-04-15 Fixed 0.01750000 N N N N Y SCORPIO TANKERS INC SCORPIO TANKERS INC USD XXXX N N N BROOKFIELD BRP HOLDINGS CANADA INC 549300NSPD7QJ50GZW26 BROOKFIELD BRP HOLDINGS CANADA INC 7.25% PFD PERP 11259P307 2100.00000000 NS USD 48846.00000000 0.061578139039 Long EP CORP CA N 1 N N N PRUDENTIAL FINL INC 5PRBRS5FEH7NREC8OR45 PRUDENTIAL FINL INC 4.5%/VAR 09/15/2047 744320AW2 125000.00000000 PA USD 123617.68000000 0.155839714343 Long DBT CORP US N 2 2047-09-15 Variable 0.04500000 N N N N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 6.125%/VAR PERP 06055HAB9 440000.00000000 PA USD 442261.27000000 0.557540555541 Long EP CORP US N 2 N N N LIBERTY MUTUAL GROUP INC QUR0DG15Z6FFGYCHH861 LIBERTY MUTUAL GROUP INC 4.3% 02/01/2061 144A 53079EBL7 125000.00000000 PA USD 78700.74000000 0.099214779311 Long DBT CORP US N 2 2061-02-01 Fixed 0.04300000 N N N N N N AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST N/A AERCAP IRELAND CAP LTD / AERCAP GLOBAL AVIATION TR 6.95%/VAR 03/10/2055 00774MBK0 150000.00000000 PA USD 154010.12000000 0.194154210844 Long DBT CORP IE N 2 2055-03-10 Variable 0.06950000 N N N N N N PUBLIC STORAGE 254900GLQZAD4N7N5Q19 PUBLIC STORAGE SER G 5.05% PFD PERP 74460W669 2600.00000000 NS USD 48724.00000000 0.061424338668 Long EP CORP US N 1 N N N ALLIANZ SE 529900K9B0N5BT694847 ALLIANZ SE 6.35%/VAR 09/06/2053 144A 018820AC4 140000.00000000 PA USD 143726.52000000 0.181190100157 Long DBT CORP DE N 2 2053-09-06 Variable 0.06350000 N N N N N N F and G ANNUITIES and LIFE INC N/A F and G ANNUITIES and LIFE INC 7.3% 01/15/2065 PFD 30190A609 2100.00000000 NS USD 43848.00000000 0.055277366429 Long EP CORP US N 1 N N N BROOKFIELD INFRASTRUCTURE PARTNERS LP 549300WEH5R2OODI7Y90 BROOKFIELD INFRA PARTNERS LP CLASS A 5% PFD PERP N/A 825.00000000 NS USD 13728.00000000 0.017306323808 Long EP CORP BM N 1 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORPORATION 4.250% PFD PERP 06055H806 6032.00000000 NS USD 98200.96000000 0.123797902975 Long EP CORP US N 1 N N N ENBRIDGE INC 98TPTUM4IVMFCZBCUR27 ENBRIDGE INC 8.25%/VAR 01/15/2084 29250NBS3 100000.00000000 PA USD 105387.20000000 0.132857299566 Long EP CORP CA N 2 N N N BELL TELEPHONE CO OF CANADA OR BELL CANADA/THE 549300O5ZKB2MUUSKB97 BELL TELEPHONE CO OF CANADA OR BELL CANADA/THE 7%/VAR 09/15/2055 0778FPAQ2 140000.00000000 PA USD 141430.94000000 0.178296157062 Long DBT CORP CA N 2 2055-09-15 Variable 0.07000000 N N N N N N FORD MOTOR CO 20S05OYHG0MQM4VUIC57 FORD MOTOR CO 6.5% 08/15/2062 PFD 345370811 2400.00000000 NS USD 50304.00000000 0.063416179549 Long EP CORP US N 1 N N N KKR and CO INC 54930013V5I303TF9571 KKR and CO LP 6.875% PFD 06/01/2065 48251W609 3300.00000000 NS USD 76890.00000000 0.096932054022 Long EP CORP US N 1 N N N BROOKFIELD OAKTREE HOLDINGS LLC 254900T1ODNFOK2L6090 BROOKFIELD OAKTREE HOLDINGS LLC SER B 6.55% PERP PFD 674001409 7000.00000000 NS USD 142800.00000000 0.180022074579 Long EP CORP US N 1 N N N STATE STREET CORP 549300ZFEEJ2IP5VME73 STATECRP 5.35%/VAR PFD PERP 857477855 1000.00000000 NS USD 20670.00000000 0.026057817097 Long EP CORP US N 1 N N N ENBRIDGE INC 98TPTUM4IVMFCZBCUR27 ENBRIDGE INC 5.75%/VAR 07/15/2080 29250NBC8 126000.00000000 PA USD 125558.03000000 0.158285833618 Long EP CORP CA N 2 N N N ENSTAR GROUP LTD 213800AMAL5QFXVUCN04 ENSTAR GROUP LTD 7%/VAR PFD 29359U109 3900.00000000 NS USD 88335.00000000 0.111360293823 Long EP CORP BM N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 ALPHABET INC SER B PC 6.25% 05/15/2029 02079K602 2200.00000000 NS USD 105622.00000000 0.133153302249 Long EP CORP US N 1 N N N ALLIANZ SE 529900K9B0N5BT694847 ALLIANZ SE 5.6%/VAR 09/03/2054 144A 018820AD2 175000.00000000 PA USD 171189.34000000 0.215811345466 Long DBT CORP DE N 2 2054-09-03 Variable 0.05600000 N N N N N N PG and E CORP 8YQ2GSDWYZXO2EDN3511 PG and E CORP SER A PC 6% 12/01/2027 69331C306 1300.00000000 NS USD 44252.00000000 0.055786672578 Long EP CORP US N 1 N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE and CO 6.1%/VAR PERP 48128BAR2 405000.00000000 PA USD 405602.24000000 0.511326027301 Long EP CORP US N 2 N N N AKAMAI TECHNOLOGIES INC OC1LZNN2LF5WTJ5RIL89 AKAMAI TECHNOLOGIES INC CONV 0% 05/15/2030 144A 00971TAR2 68000.00000000 PA USD 61676.00000000 0.077752391258 Long DBT CORP US N 2 2030-05-15 Fixed 0.00000000 N N N N Y AKAMAI TECHNOLOGIES INC AKAMAI TECHNOLOGIES INC USD XXXX N N N ATHENE HOLDING LTD 549300H316CT32FQXI76 ATHENE HOLDINGS 7.25%/VAR PFD 03/30/2064 04686J838 13100.00000000 NS USD 323963.00000000 0.408406802148 Long EP CORP US N 1 N N N TELEPHONE and DATA SYSTEMS INC 5299003YZW5BE2NNLO37 TELEPHONE and DATA 6.625% PFD PERP 879433787 1500.00000000 NS USD 31545.00000000 0.039767481390 Long EP CORP US N 1 N N N AFFILIATED MANAGERS GROUP INC 2JE75BUE3T1BLCYYGK54 AFFILIATED MANAGERS GRP INC 5.875% 03/30/2059 PFD 008252850 2700.00000000 NS USD 52434.00000000 0.066101382762 Long EP CORP US N 1 N N N CMS ENERGY CORP 549300IA9XFBAGNIBW29 CMS ENERGY CORP 5.875% PFD 03/01/2079 125896845 4700.00000000 NS USD 99452.00000000 0.125375037542 Long EP CORP US N 1 N N N JPMORGAN CHASE and CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE and CO 6.875%/VAR PERP 48128BAQ4 145000.00000000 PA USD 150131.12000000 0.189264115415 Long EP CORP US N 2 N N N SBL HOLDINGS INC 635400MJW3QDSBJRKQ59 SBL HOLDINGS INC 6.5%/VAR PERP 144A 78397DAC2 34000.00000000 PA USD 30881.64000000 0.038931210778 Long EP CORP US N 2 N N N 2026-09-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer