LYNNE & ANDREW REDLEAF FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LYNNE & ANDREW REDLEAF FOUNDATION (EIN 81-1290745)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202333199349105668
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T14:01:39-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8215 GREENWAY BOULEVARD SUITE 600 | AddressLine1Txt |
| City | MIDDLETON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53562 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 811290745 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYNNE & ANDREW REDLEAF FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LYNN | BusinessNameControlTxt |
| Phone | 6123265926 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3033 EXCELSIOR BLVD 343 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55416 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LYNNE SINGER REDLEAF | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6123265926 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LYNNE | PersonFirstNm |
| Person Last | SINGER REDLEAF | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KIMBERLY ANDERSON | PreparerPersonNm |
| PTIN | P00188889 | PTIN |
| Phone | 6086628600 | PhoneNum |
| Preparation | 2023-11-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $115,810,726 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $9,734 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,438,956 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,417,160 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $17,074,706 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $25,149,975 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $18,741,270 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$806,478 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $18,523,396 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $20,351,952 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $30,550 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $30,550 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $21,269 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $13,947 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $38,340 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,325,780 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,325,780 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $113,137 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $51 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $9,759 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $9,759 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $13,355 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $69,192 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $13,693 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,513,850 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,408,970 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $92,342 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,137,425 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $8,962,425 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,651,275 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,408,970 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,054,767 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $14,872,121 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $18,942,982 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $10,765,002 | CashBOYAmt |
| Cash EOY | $5,644,481 | CashEOYAmt |
| Cash EOYFMV | $5,644,481 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $9,637,242 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $308,252 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $308,252 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,186,437 | AcctRcvblAmt |
| Acct Rcvbl EOY | $1,186,437 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,186,437 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $3,995 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $4,112 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $4,112 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $15,160,746 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,754,360 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,754,361 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $17,762,325 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $17,412,808 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $17,412,808 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $67,598,093 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $84,500,275 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $84,500,275 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $120,927,403 | TotalAssetsBOYAmt |
| Total Assets EOY | $115,810,725 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $115,810,726 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $218,295 | AccountsPayableBOYAmt |
| Grants Payable BOY | $18,725,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $11,900,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $18,943,295 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $11,900,000 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $101,984,108 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $103,910,725 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $101,984,108 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $103,910,725 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $120,927,403 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $115,810,725 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $101,984,108 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $14,872,121 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $116,856,229 | SubtotalAmt |
| Other Decreases | $12,945,504 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $103,910,725 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $1,646,183 | $1,479,557 | $166,626 | $166,626 | |
| SABA - CLASS A | $5,108,066 | $4,977,735 | $130,331 | $130,331 | P |
| CAPITAL LOSS - PARTNERSHIP | -$1,300 | -$1,300 | P | ||
| SABA - CLASS E | $16,647,181 | $16,647,181 | $16,647,181 | P | |
| SABA - CLASS F | $1,547,967 | $1,517,688 | $30,279 | $30,279 | P |
| PUBLICLY TRADED SECURITIES | $200,578 | $100,289 | $100,289 | $100,289 | |
| WHITEBOX CREDIT FUND LTD. | $1,667,864 | $1,667,864 | $1,667,864 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $18,741,270 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $263,307 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $263,307 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $263,307 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $106,809 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $60,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $166,809 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $4,373 | EsPenaltyAmt |
| Tax Due | $100,871 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CLIFTONLARSONALLEN LLP | IndividualWithBooksNm |
| Phone | 6123764500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 S SIXTH ST STE 300 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ANDREW REDLEAF | ||||||||
| 3033 EXCELSIOR BLVD SUITE 343 | MINNEAPOLIS | MN | 55416 | CHAIRMAN | 1.00 | $0 | $0 | $0 |
| LYNNE SINGER REDLEAF | ||||||||
| 3033 EXCELSIOR BLVD SUITE 343 | MINNEAPOLIS | MN | 55416 | PRESIDENT | 15.00 | $0 | $0 | $0 |
| AMY ROSENBLATT-LUI | ||||||||
| 3033 EXCELSIOR BLVD SUITE 343 | MINNEAPOLIS | MN | 55416 | EXECUTIVE DIRECTOR | 5.00 | $30,550 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SABA CAPITAL OFFSHORE FUND LTD | |||||
| 3033 EXCELSIOR BLVD SUITE 343 | MINNEAPOLIS | MN | 55416 | INVESTMENT MANAGEMENT FEES | $953,999 |
| TRONDHEIM CAPITAL | |||||
| PO BOX 5090 | SCOTTSDALE | AZ | 85261 | INVESTMENT MANAGEMENT FEES | $251,913 |
| GOLDMAN SACHS & CO LLC | |||||
| 71 S WACKER DRIVE SUITE 1200 | CHICAGO | IL | 60606 | INVESTMENT MANAGEMENT FEES | $138,592 |
| LUXOR LAND DEVELOPMENT LP | |||||
| 7 TIMES SQUARE 43RD FLOOR | NEW YORK | NY | 10036 | INVESTMENT MANAGEMENT FEES | $108,586 |
| WHITEBOX INVESTORS LLC | |||||
| 3033 EXCELSIOR BLVD SUITE 300 | MINNEAPOLIS | MN | 55416 | INVESTMENT MANAGEMENT FEES | $69,612 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $111,371,921 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,781,192 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $119,153,113 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $119,153,113 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,787,297 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $117,365,816 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,868,291 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,868,291 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $263,307 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $56,002 | IncomeTaxAmt |
| Total Tax | $319,309 | TotalTaxAmt |
| Distributable Before Adj | $5,548,982 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $5,548,982 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $5,548,982 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,054,767 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $9,054,767 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,548,982 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $5,181,435 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $487,284 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,172,757 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,343,021 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $12,184,497 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,054,767 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,548,982 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,505,785 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $15,690,282 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $5,181,435 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $10,508,847 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $487,284 | ExcessFromYear3Amt |
| Excess From Year2 | $2,172,757 | ExcessFromYear2Amt |
| Excess From Year1 | $4,343,021 | ExcessFromYear1Amt |
| Excess From Current Year | $3,505,785 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ANDREW REDLEAF | ContributingManagerNm |
| Contributing Manager | LYNNE SINGER REDLEAF | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (28 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| ALIA INNOVATIONS | |||||||
| 1000 UNIVERSITY AVENUE W NO 230 | ST PAUL | MN | 55104 | PC | GENERAL OPERATING | $15,000 | |
| AMOS & CELIA HEILICHER MINNEAPOLIS JEWISH DAY SCHOOL | |||||||
| 4330 S CEDAR LAKE ROAD | MINNEAPOLIS | MN | 55416 | PC | GENERAL OPERATING | $820,000 | |
| ANTI DEFAMATION LEAGUE | |||||||
| 605 THIRD AVENUE | NEW YORK | NY | 10158 | PC | GENERAL OPERATING | $50,000 | |
| ARIZONA STATE UNIVERSITY FOUNDATION | |||||||
| PO BOX 2260 | TEMPE | AZ | 85281 | PC | UTILITY AND FEASIBILITY MOBILE TECH | $500,000 | |
| AVIVO | |||||||
| 1900 CHICAGO AVENUE SOUTH | MINNEAPOLIS | MN | 55404 | PC | THE BUILDING OF A HOMELESS AND MENTAL HE | $25,000 | |
| EDUCATION FOR EMPLOYEMENT | |||||||
| 501 MADISON AVENUE 18TH FLOOR | NEW YORK | NY | 10022 | PC | GENERAL OPERATING | $100,000 | |
| GREATER MINNEAPOLIS CRISIS NURSERY | |||||||
| 4544 4TH AVENUE SOUTH | MINNEAPOLIS | MN | 55419 | PC | GENERAL OPERATING | $15,000 | |
| HENNEPIN HEALTH FOUNDATION | |||||||
| 701 PARK AVENUE | MINNEAPOLIS | MN | 55415 | PC | TO CREATE THE REDLEAF CENTER FOR HEALING | $1,500,000 | |
| HOLD YOUR HORSES | |||||||
| 5265 WOODLAND TRAIL | GREENFIELD | MN | 55357 | PC | GENERAL OPERATING | $10,000 | |
| JEWISH FAMILY AND CHILDREN'S SERVICE FOR MINNEAPOLIS | |||||||
| 13100 WAYZATA BOULEVARD SUITE 400 | MINNETONKA | MN | 55305 | PC | GENERAL OPERATING, GALA SPONSORSHIP | $270,000 | |
| MAYO CLINIC | |||||||
| 200 FIRST STREET SW | ROCHESTER | MN | 55905 | PC | GENERAL OPERATING | $615,000 | |
| MINNESOTA JEWISH COMMUNITY CENTER | |||||||
| 1375 ST PAUL AVE | ST PAUL | MN | 55116 | PC | GENERAL OPERATING | $18,000 | |
| MINNPOST | |||||||
| 635 S 9TH ST STE 220 | MINNEAPOLIS | MN | 55404 | PC | GENERAL OPERATING | $15,000 | |
| MISSION ANIMAL HOSPITAL | |||||||
| 10100 VIKING DRIVE SUITE 150 | EDEN PRAIRIE | MN | 55344 | PC | GENERAL CAMPAIGN | $15,000 | |
| MYHEALTH FOR TEENS AND YOUNG ADULTS | |||||||
| 15 8TH AVENUE SOUTH | HOPKINS | MN | 55343 | PC | GENERAL OPERATING | $10,000 | |
| PERIS FOUNDATION | |||||||
| 2929 CHICAGO AVE S STE 100 | MINNEAPOLIS | MN | 55407 | PC | GENERAL OPERATING | $5,000 | |
| PERSPECTIVES INC | |||||||
| 3381 GORHAM AVENUE | MINNEAPOLIS | MN | 55426 | PC | CAPITAL CAMPAIGN | $50,000 | |
| PROOF ALLIANCE | |||||||
| 2233 UNIVERSITY AVENUE W SUITE 395 | ST PAUL | MN | 55114 | PC | GALA SPONSORSHIP & GENERAL OPERATING | $65,000 | |
| SOUTHSIDE FAMILY NURTURING CENTER | |||||||
| 2448 18TH AVE S | MINNEAPOLIS | MN | 55404 | PC | GENERAL OPERATING | $200,000 | |
| START READING NOW | |||||||
| 5337 OLIVER AVE S | MINNEAPOLIS | MN | 55419 | PC | GENERAL OPERATING | $25,000 | |
| TEMPLE ISRAEL MINNEAPOLIS | |||||||
| 2324 EMERSON AVENUE SOUTH | MINNEAPOLIS | MN | 55405 | PC | GENERAL OPERATING | $74,425 | |
| THE ADVOCATES FOR HUMAN RIGHTS | |||||||
| 330 2ND AVE S STE 800 | MINNEAPOLIS | MN | 55401 | PC | SUPPORT FOR THE ACT NOW! CAMPAIGN FOR HU | $25,000 | |
| THE CONSTELLATION FUND | |||||||
| 323 NORTH WASHINGTON AVENUE 2ND | MINNEAPOLIS | MN | 55401 | PC | GENERAL OPERATING | $1,100,000 | FLOOR |
| THE FAMILY PARTNERSHIP | |||||||
| 414 SOUTH EIGHTH STREET | MINNEAPOLIS | MN | 55404 | PC | GENERAL OPERATING | $105,000 | |
| THE YAYA FOUNDATION FOR 4H LEUKODYSTROPHY | |||||||
| PO BOX 80685 | MINNEAPOLIS | MN | 55408 | PC | GENERAL OPERATING | $15,000 | |
| TWIN CITIES RISE | |||||||
| 1301 N BRYANT AVENUE | MINNEAPOLIS | MN | 55411 | PC | GENERAL OPERATING | $10,000 | |
| UNIVERSITY OF MINNESOTA FOUNDATION | |||||||
| 178 PILLSBURY DR SE | MINNEAPOLIS | MN | 55455 | PC | BUILDING FUNDS | $3,010,000 | |
| YALE UNIVERSITY | |||||||
| PO BOX 208241 | NEW HAVEN | CT | 06520 | PC | GENERAL OPERATING | $300,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $8,962,425 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROOF ALLIANCE | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2233 UNIVERSITY AVENUE W SUITE 395 | AddressLine1Txt |
| City | ST PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL OPERATING | GrantOrContributionPurposeTxt |
| Amt | $50,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $50,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,438,956 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $17,074,706 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $18,513,662 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $18,513,662 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING SERVICE FEES | CategoryTxt |
| Amt | $21,269 | Amt |
| Net Investment Income | $13,947 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $38,340 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (319 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NORDSTROM INC BONDS 6.950000 03/15/2028 SR LIEN S&P | $7,540 | $7,540 |
| RANGE RESOURCES CORPORATION 8.25% 01/15/2029 USD SR | $58,767 | $58,767 |
| NRG ENERGY, INC. 5.75% 01/15/2028 USD SER WI SR LIEN | $64,667 | $64,667 |
| NORDSTROM INC 4.375% 04/01/2030 USD SR LIEN NEXT CALL | $29,746 | $29,746 |
| NRG ENERGY, INC. 5.75% 01/15/2028 USD SER WI SR LIEN | $49,224 | $49,224 |
| NRG ENERGY, INC. 6.625% 01/15/2027 USD SER WI SR LIEN | $31,685 | $31,685 |
| PUT 100 TESLA INC COM EXP 01-19-24 | $570,587 | $570,587 |
| NUSTAR LOGISTICS L.P. 5.625% 04/28/2027 USD SR LIEN NEXT | $32,123 | $32,123 |
| NUSTAR LOGISTICS L.P. 5.625% 04/28/2027 USD SR LIEN NEXT | $21,730 | $21,730 |
| NORDSTROM INC 4.0% 03/15/2027 USD SR LIEN NEXT CALL DT. | $27,864 | $27,864 |
| NOVARTIS AG-ADR SPONSORED ADR CMN (NVS) | $27,216 | $27,216 |
| NOVO-NORDISK A/S ADR ADR CMN (NVO) | $34,106 | $34,106 |
| OCCIDENTAL PETROLEUM COR 5.875% 09/01/2025 USD SR | $30,475 | $30,475 |
| ONEMAIN FINANCE CORPORATION 3.5% 01/15/2027 USD SR | $1,688 | $1,688 |
| PRAIRIESKY RTY LTD COM | $281,800 | $281,800 |
| PNC FINANCIAL SERVICES GROUP, HYBRID PERPETUAL USD | $40,938 | $40,938 |
| PNC FINANCIAL SERVICES GROUP, HYBRID PERPETUAL USD | $14,700 | $14,700 |
| PERFORMANCE FOOD GROUP I 6.875% 05/01/2025 USD PVT | $45,516 | $45,516 |
| PENSKE AUTOMOTIVE GROUP 3.75% 06/15/2029 USD SRSUB | $55,305 | $55,305 |
| PRIME SECSRVC BRW/FINANC 5.25% 04/15/2024 USD PVT | $47,101 | $47,101 |
| PRUDENTIAL FINANCIAL, INC. HYBRID 03/01/2052 USD JRSUB | $14,833 | $14,833 |
| PRUDENTIAL FINANCIAL, INC. HYBRID 06/15/2043 USD JRSUB | $73,875 | $73,875 |
| PENNYMAC FIN SVCS INC 5.375% 10/15/2025 USD PVT REGS | $22,814 | $22,814 |
| PARTNERRE FINANCE B LLC HYBRID 10/01/2050 USD JRSUB | $30,679 | $30,679 |
| PARDEE RES CO CMT-COM | $248,300 | $248,300 |
| OWENS-BROCKWAY 5.375% 01/15/2025 USD PVT REGS SR | $58,311 | $58,311 |
| OUTFRONT MEDIA CAP LLC/C 6.25% 06/15/2025 USD PVT | $11,922 | $11,922 |
| PTC INC 3.625% 02/15/2025 USD PVT REGS SR LIEN NEXT CALL | $33,761 | $33,761 |
| OTC MKTS GROUP INC CL A | $39,830 | $39,830 |
| NUSTAR LOGISTICS LP 5.75% 10/01/2025 USD SR LIEN NEXT | $24,425 | $24,425 |
| PENSKE AUTOMOTIVE GROUP 3.5% 09/01/2025 USD SRSUB | $23,532 | $23,532 |
| 1011778 BC / NEW RED FIN 5.75% 04/15/2025 USD PVT REGS | $94,408 | $94,408 |
| NEXTERA ENERGY OPERATING 4.25% 07/15/2024 USD PVT | $44,532 | $44,532 |
| MORGAN STANLEY HYBRID PERPETUAL USD SER M JRSUB | $54,778 | $54,778 |
| MGM RESORTS INTERNATIONAL 6.75% 05/01/2025 USD SR | $22,363 | $22,363 |
| MGM RESORTS INTERNATIONAL 5.5% 04/15/2027 USD SR | $33,893 | $33,893 |
| MGM RESORTS INTERNATIONAL 4.75% 10/15/2028 USD SR | $46,780 | $46,780 |
| MFFBW INC MD COM | $58,050 | $58,050 |
| METLIFE, INC. HYBRID PERPETUAL USD SER G JRSUB LIEN | $61,106 | $61,106 |
| METLIFE, INC. HYBRID PERPETUAL USD SER D JRSUB LIEN | $58,090 | $58,090 |
| MERITAGE HOMES CORPORATION 5.125% 06/06/2027 USD | $40,582 | $40,582 |
| MATTEL INC 3.75% 04/01/2029 USD PVT REGS SR LIEN NEXT | $56,813 | $56,813 |
| MATTEL INC 3.375% 04/01/2026 USD PVT REGS SR LIEN NEXT | $46,392 | $46,392 |
| MARRIOTT OWNERSHIP RESORTS, IN 4.75% 01/15/2028 USD | $30,967 | $30,967 |
| MARRIOTT OWNERSHIP RESORTS, IN 4.75% 01/15/2028 USD | $44,238 | $44,238 |
| MARKEL CORPORATION HYBRID PERPETUAL USD JRSUB LIEN | $43,763 | $43,763 |
| MARATHON OIL CORP COM | $406,050 | $406,050 |
| M&T BANK CORPORATION HYBRID PERPETUAL USD SER F | $17,359 | $17,359 |
| M&T BANK CORPORATION HYBRID PERPETUAL SER G JRSUB | $28,071 | $28,071 |
| MORGAN STANLEY PFD USD1.4625(5.85%) SERIES K | $19,238 | $19,238 |
| NOKIA OYJ 4.375% 06/12/2027 USD SR LIEN S&P BB+ | $7,576 | $7,576 |
| MORGAN STANLEY PFD USD1.6250(6.50%) SERIES P NEXT CALL | $30,659 | $30,659 |
| MPT OPERATING PARTNERSHIP 5.25% 08/01/2026 USD SR | $59,688 | $59,688 |
| NEXTERA ENERGY CAPITAL HOLDING HYBRID 05/01/2079 USD | $32,191 | $32,191 |
| NEWELL BRANDS INC. STEP 04/01/2026 USD SR LIEN M- | $46,644 | $46,644 |
| NEWELL BRANDS INC. 6.625% 09/15/2029 SR LIEN NEXT CALL | $21,151 | $21,151 |
| NEWELL BRANDS INC. 6.625% 09/15/2029 SR LIEN NEXT CALL | $17,122 | $17,122 |
| NEWELL BRANDS INC. 6.375% 09/15/2027 SR LIEN NEXT CALL | $14,183 | $14,183 |
| NEWELL BRANDS INC. 4.875% 06/01/2025 USD SR LIEN NEXT | $43,945 | $43,945 |
| NETFLIX, INC. 5.875% 11/15/2028 USD SR LIEN S&P BBB | $31,652 | $31,652 |
| NETFLIX, INC. 5.875% 02/15/2025 USD SR LIEN S&P BBB | $35,875 | $35,875 |
| NESTLE SA SPONSORED ADR (REP 1/20 CHF 10 REGD SHS) | $34,741 | $34,741 |
| NAVIENT CORPORATION 6.75% 06/15/2026 USD SR LIEN S&P | $55,389 | $55,389 |
| NAVIENT CORPORATION 6.75% 06/15/2026 USD SR LIEN S&P | $66,849 | $66,849 |
| NAVIENT CORPORATION 5.5% 03/15/2029 USD SR LIEN NEXT | $10,819 | $10,819 |
| NAVIENT CORP 4.875% 03/15/2028 USD SR LIEN NEXT CALL DT. | $15,062 | $15,062 |
| NATIONAL RURAL UTILITIES COOPE HYBRID 04/20/2046 USD | $13,655 | $13,655 |
| NATIONAL GRID PLC SPONSORED ADR CMN (NGG) | $30,670 | $30,670 |
| MURPHY OIL USA INC 5.625% 05/01/2027 USD SR LIEN NEXT | $31,372 | $31,372 |
| MPT OPERATING PARTNERSHIP 5.25% 08/01/2026 USD SR | $46,631 | $46,631 |
| MPT OPER PARTNERSP/FINL 4.625% 08/01/2029 USD SR LIEN | $27,365 | $27,365 |
| RANGE RESOURCES CORPORATION 8.25% 01/15/2029 USD SR | $59,836 | $59,836 |
| SABRE GLBL INC. 9.25% 04/15/2025 USD PVT REGS SR LIEN | $45,705 | $45,705 |
| REGIONS FINANCIAL CORPORATION PFD USD1.4250(5.70%) | $9,590 | $9,590 |
| TRUIST FINANCIAL CORPORATION HYBRID PERPETUAL USD | $61,205 | $61,205 |
| TRUIST FINANCIAL CORPORATION HYBRID PERPETUAL USD | $52,812 | $52,812 |
| TRUIST FINANCIAL CORPORATION HYBRID PERPETUAL USD | $9,163 | $9,163 |
| TRI POINTE HOLDINGS INC 5.875% 06/15/2024 USD SER B SR | $19,865 | $19,865 |
| TRI POINTE GROUP INC 5.7% 06/15/2028 USD SR LIEN NEXT | $9,992 | $9,992 |
| TRI POINTE GROUP INC 5.25% 06/01/2027 USD SR LIEN NEXT | $30,502 | $30,502 |
| TRI POINTE GROUP INC 5.25% 06/01/2027 USD SR LIEN NEXT | $7,177 | $7,177 |
| TRANSDIGM INC. 7.5% 03/15/2027 USD SER WI SRSUB LIEN | $15,172 | $15,172 |
| TRANSDIGM INC. 7.5% 03/15/2027 USD SER WI SRSUB LIEN | $24,275 | $24,275 |
| TRANSDIGM INC. 5.5% 11/15/2027 USD SER WI SRSUB LIEN | $32,146 | $32,146 |
| TRANSDIGM INC 8.0% 12/15/2025 USD PVT REGS SR LIEN | $36,204 | $36,204 |
| TRANSCANADA TRUST HYBRID 08/15/2076 USD SER 16-A | $72,959 | $72,959 |
| TQRTOISE MIDSTREAM ENERGY FD INC COM NEW | $78,500 | $78,500 |
| T-MOBILE USA, INC. 2.625% 04/15/2026 USD SR LIEN NEXT | $47,009 | $47,009 |
| THE PNC FINANCIAL SERVICES GRO HYBRID PERPETUAL USD | $8,728 | $8,728 |
| THE ADT CORPORATION 4.125% 06/15/2023 SER B SR LIEN | $39,676 | $39,676 |
| TENET HEALTHCARE CORPORATION 6.875% 11/15/2031 SER B | $46,390 | $46,390 |
| TWILIO INC. 3.625% 03/15/2029 USD SR LIEN NEXT CALL DT. 03 | $39,508 | $39,508 |
| TWILIO INC. 3.625% 03/15/2029 USD SR LIEN NEXT CALL DT. 03 | $29,631 | $29,631 |
| U & I FINL CORP COM | $54,250 | $54,250 |
| U.S. BANCORP HYBRID PERPETUAL USD JRSUB LIEN CPN | $22,283 | $22,283 |
| YUM! BRANDS, INC 5.375% 04/01/2032 SR LIEN NEXT CALL DT. | $60,140 | $60,140 |
| XEROX HOLDINGS CORP 5.0% 08/15/2025 USD PVT REGS SR | $33,620 | $33,620 |
| WYNDHAM WORLDWIDE CORPORATION STEP 10/01/2025 | $58,107 | $58,107 |
| WYNDHAM DESTINATIONS, INC. STEP 04/01/2027 USD SR | $36,635 | $36,635 |
| WESCO DISTRIBUTION INC 7.125% 06/15/2025 USD PVT REGS | $45,705 | $45,705 |
| WELLS FARGO & COMPANY HYBRID PERPETUAL USD SER U | $48,508 | $48,508 |
| WELLS FARGO & COMPANY HYBRID PERPETUAL USD SER BB | $30,695 | $30,695 |
| VOYA FINANCIAL, INC. HYBRID PERPETUAL USD SER A SR LIEN | $44,632 | $44,632 |
| TENET HEALTHCARE CORPORATION 4.625% 07/15/2024 USD | $30,894 | $30,894 |
| VOYA FINANCIAL, INC. HYBRID 05/15/2053 USD JRSUB LIEN | $39,197 | $39,197 |
| VODAFONE GROUP PLC ADR CMN (VOD) | $10,568 | $10,568 |
| VIDEOTRON LTD. 5.375% 06/15/2024 USD PVT REGS SR LIEN | $9,899 | $9,899 |
| VICI PROPERTIES / NOTE 3.5% 02/15/2025 USD PVT REGS SR | $71,704 | $71,704 |
| US FOODS INC 6.25% 04/15/2025 USD PVT REGS SR LIEN NEXT | $45,123 | $45,123 |
| UNITED RENTALS NORTH AM 5.25% 01/15/2030 USD SR LIEN | $6,747 | $6,747 |
| UNITED RENTALS (NORTH AMERICA) 3.75% 01/15/2032 USD | $30,826 | $30,826 |
| UNILEVER PLC (NEW) SPONSORED ADR CMN (UL) | $30,210 | $30,210 |
| UBS GROUP AG CMN (UBS) | $33,606 | $33,606 |
| VODAFONE GROUP PUBLIC LIMITED HYBRID 04/04/2079 USD | $35,570 | $35,570 |
| REGIONS FINANCIAL CORPORATION HYBRID PERPETUAL USD | $24,432 | $24,432 |
| TEGNA INC. 5.0% 09/15/2029 USD SR LIEN NEXT CALL DT. 09 15 | $30,833 | $30,833 |
| TEGNA INC 4.75% 03/15/2026 USD PVT REGS SR LIEN NEXT | $24,591 | $24,591 |
| SHELL PLC SPONSORED ADR CMN (SHEL) | $28,475 | $28,475 |
| SERVICE PROPERTIES TRUST 7.5% 09/15/2025 USD SR LIEN | $31,200 | $31,200 |
| SERVICE PROPERTIES TRUST 7.5% 09/15/2025 USD SR LIEN | $38,026 | $38,026 |
| SERVICE CORPORATION INTERNATIO 4.0% 05/15/2031 USD SR | $44,933 | $44,933 |
| SENSATA TECHNOLOGIES B.V. 5.0% 10/01/2025 USD PVT | $75,162 | $75,162 |
| SEMPRA ENERGY HYBRID PERPETUAL USD JRSUB LIEN CPN | $32,724 | $32,724 |
| SEALED AIR CORPORATION 5.125% 12/01/2024 USD PVT REGS | $54,265 | $54,265 |
| SEAGATE HDD CAYMAN 4.875% 06/01/2027 USD PVT SR LIEN | $35,572 | $35,572 |
| SEAGATE HDD CAYMAN 4.125% 01/15/2031 USD SR LIEN | $30,380 | $30,380 |
| SCHNEIDER ELECTRIC SE UNSPONSORED ADR (FRANCE) | $30,692 | $30,692 |
| SBA COMMUNICATIONS CORPORATION 3.125% 02/01/2029 | $45,604 | $45,604 |
| SANOFI SPONSORED ADR CMN (SNY) | $38,744 | $38,744 |
| LINCOLN NATIONAL CORPORATION HYBRID PERPETUAL SER C | $31,900 | $31,900 |
| RYMAN HOSPITALITY PROPERTIES, 4.75% 10/15/2027 USD | $30,196 | $30,196 |
| RYMAN HOSPITALITY PROPERTIES, 4.75% 10/15/2027 USD | $45,752 | $45,752 |
| ROYAL GOLD INC COM | $560,599 | $560,599 |
| RIO TINTO PLC SPONSORED ADR (RIO) | $35,600 | $35,600 |
| SIEMENS AKTIENGESELLSCHAFT SPONSORED ADR CMN | $27,879 | $27,879 |
| SILGAN HOLDINGS INC 4.125% 02/01/2028 USD SER WI SR | $59,870 | $59,870 |
| SILGAN HOLDINGS INC 4.125% 02/01/2028 USD SER WI SR | $25,258 | $25,258 |
| SOUTHERN COMPANY (THE) HYBRID 01/15/2051 USD SER B | $41,780 | $41,780 |
| TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADR CMN | $29,640 | $29,640 |
| TAIWAN SEMICONDUCTOR MFG ADS LTD ADS 1ADS EQUALS | $23,352 | $23,352 |
| SYNCHRONY FINANCIAL PFD USD1.4063(5.63%) SERIES A | $8,952 | $8,952 |
| SUNOCO LP 5.875% 03/15/2028 USD SR LIEN M-W+50.00BP | $75,218 | $75,218 |
| SUNOCO LP 4.5% 05/15/2029 USD SER WI SR LIEN NEXT CALL | $64,273 | $64,273 |
| SUNCOR ENERGY INC NEW COM | $539,410 | $539,410 |
| SUMITOMO MITSUI FINANCIAL GRP SPONSORED ADR CMN | $32,080 | $32,080 |
| STMICROELECTRONICS NV ADR CMN (STM) | $25,539 | $25,539 |
| TEGNA INC. 4.625% 03/15/2028 USD SR LIEN NEXT CALL DT. 03 | $24,055 | $24,055 |
| STATE STREET CORPORATION HYBRID PERPETUAL USD SER F | $17,066 | $17,066 |
| SPRINT CAPITAL CORPORATION 8.75% 03/15/2032 USD SR | $44,987 | $44,987 |
| SPRINGLEAF FINANCE CORPORATION 7.125% 03/15/2026 USD | $9,719 | $9,719 |
| SPRINGLEAF FINANCE CORP 6.875% 03/15/2025 USD SR LIEN | $29,428 | $29,428 |
| SPRINGLEAF FINANCE CORP 6.625% 01/15/2028 USD SR LIEN | $41,861 | $41,861 |
| SPRINGLEAF FINANCE CORP 6.625% 01/15/2028 USD SR LIEN | $65,645 | $65,645 |
| SPECTRUM BRANDS, INC. 5.75% 07/15/2025 USD SER WI SR | $48,729 | $48,729 |
| SOUTHWESTERN ENERGY COMPANY STEP 01/23/2025 USD | $8,060 | $8,060 |
| SOUTHWESTERN ENERGY COMPANY 5.375% 02/01/2029 USD | $30,383 | $30,383 |
| SPRINT CORPORATION 7.625% 02/15/2025 USD SR LIEN NEXT | $58,375 | $58,375 |
| LAMAR MEDIA CORP 3.75% 02/15/2028 USD SER WI SR LIEN | $58,394 | $58,394 |
| KEYCORP HYBRID PERPETUAL USD SER D JRSUB LIEN CPN | $17,403 | $17,403 |
| COMMERCIAL METALS COMPANY 4.875% 05/15/2023 SR LIEN | $35,043 | $35,043 |
| CITIGROUP INC. HYBRID PERPETUAL USD SER P SUB LIEN CPN | $69,101 | $69,101 |
| CITIGROUP INC. HYBRID PERPETUAL SER T SUB LIEN CPN | $34,776 | $34,776 |
| CINEMARK USA INC 8.75% 05/01/2025 USD PVT REGS SR | $10,244 | $10,244 |
| CHENIERE ENERGY, INC. 4.625% 10/15/2028 USD SER WI SR | $30,152 | $30,152 |
| CHENIERE ENERGY PARTNERS, L.P. 4.5% 10/01/2029 USD SER | $61,039 | $61,039 |
| CHEMOURS COMPANY (THE) 5.375% 05/15/2027 USD SR LIEN | $43,724 | $43,724 |
| CHEMOURS COMPANY (THE) 5.375% 05/15/2027 USD SR LIEN | $47,446 | $47,446 |
| CITIGROUP INC. HYBRID PERPETUAL USD SER W JRSUB LIEN | $21,836 | $21,836 |
| CHARLES SCHWAB CORPORATION (TH HYBRID PERPETUAL | $49,124 | $49,124 |
| CHARLES SCHWAB CORPORATION (TH HYBRID PERPETUAL | $20,020 | $20,020 |
| CHARLES SCHWAB CORPORATION (TH HYBRID PERPETUAL | $82,729 | $82,729 |
| CENTRAL GARDEN & PET CO 4.125% 10/15/2030 USD SR LIEN | $30,645 | $30,645 |
| CENTERPOINT ENERGY, INC HYBRID PERPETUAL USD SER A SR | $48,021 | $48,021 |
| CENTENE CORPORATION 4.625% 12/15/2029 USD SER WI SR | $60,472 | $60,472 |
| CENTENE CORPORATION 2.45% 07/15/2028 USD SR LIEN NEXT | $68,361 | $68,361 |
| ALCOA ALUMINUM DEBS 6.750000 01/15/2028 CALL @ MW | $44,876 | $44,876 |
| CHARLES SCHWAB CORPORATION (TH HYBRID PERPETUAL | $41,273 | $41,273 |
| CITIGROUP INC. HYBRID PERPETUAL USD SER Y JRSUB LIEN | $4,109 | $4,109 |
| CITIZENS FINANCIAL GROUP, INC. HYBRID PERPETUAL USD | $38,839 | $38,839 |
| CITIZENS FINANCIAL GROUP, INC. HYBRID PERPETUAL USD | $28,427 | $28,427 |
| CRH PLC SPON ADR ADR CMN (CRH) | $19,895 | $19,895 |
| COVANTA HOLDING CORPORATION 5.0% 09/01/2030 USD SR | $29,671 | $29,671 |
| COMPASS GROUP PLC SPONSORED ADR CMN (CMPGY) | $20,759 | $20,759 |
| LAMAR MEDIA CORP 3.75% 02/15/2028 USD SER WI SR LIEN | $32,846 | $32,846 |
| COMMERCIAL METALS CO 3.875% 02/15/2031 USD SR LIEN | $31,651 | $31,651 |
| COMERICA INCORPORATED HYBRID PERPETUAL USD JRSUB | $34,264 | $34,264 |
| COLT MERGER SUB, INC. 6.25% 07/01/2025 USD PVT REGS SR | $12,046 | $12,046 |
| COLT MERGER SUB INC 5.75% 07/01/2025 USD PVT REGS SR | $12,092 | $12,092 |
| COCA-COLA EUROPEAN PARTNERS PL CMN (CCEP) | $22,128 | $22,128 |
| CMS ENERGY CORPORATION HYBRID 12/01/2050 USD JRSUB | $15,124 | $15,124 |
| CMS ENERGY CORPORATION HYBRID 06/01/2050 USD JRSUB | $56,480 | $56,480 |
| CLEVELAND-CLIFFS INC. 5.875% 06/01/2027 USD SER WI SR | $55,693 | $55,693 |
| CLEVELAND-CLIFFS INC. 5.875% 06/01/2027 USD SER WI SR | $48,011 | $48,011 |
| CLARIOS GLOBAL LP 6.75% 05/15/2025 USD PVT REGS SR LIEN | $21,209 | $21,209 |
| CITIZENS FINANCIAL GROUP, INC. PFD USD1.5875(6.35%) | $6,656 | $6,656 |
| CITIZENS FINANCIAL GROUP, INC. PFD USD1.2500(5.00%) | $29,791 | $29,791 |
| CENOVUS ENERGY INC COM | $388,200 | $388,200 |
| CCO HOLDINGS, LLC 4.5% 05/01/2032 USD SER WI SR LIEN | $59,507 | $59,507 |
| CCO HLDGS LLC/CAP CORP 4.0% 03/01/2023 PVT REGS SR | $85,674 | $85,674 |
| CATERPILLAR INC (DELAWARE) CMN (CAT) | $215,604 | $215,604 |
| BALL CORPORATION 4.875% 03/15/2026 USD SR LIEN NEXT | $13,768 | $13,768 |
| BALL CORPORATION 2.875% 08/15/2030 USD SR LIEN NEXT | $60,621 | $60,621 |
| BALL CORP 5.25% 07/01/2025 USD SR LIEN S&P BB+ /MOODY'S | $45,581 | $45,581 |
| AT&T INC. PFD USD1.2500(5.00%) SERIES A NEXT CALL DT. 12 12 | $23,865 | $23,865 |
| ASTRAZENECA PLC SPONS ADR SPONSORED ADR CMN (AZN) | $33,900 | $33,900 |
| ASML HOLDING N.V. ADR CMN (ASML) | $22,949 | $22,949 |
| ASBURY AUTOMOTIVE GROUP, INC. 4.75% 03/01/2030 USD | $57,096 | $57,096 |
| ASBURY AUTOMOTIVE GROUP, INC. 4.5% 03/01/2028 USD SER | $44,770 | $44,770 |
| ARCONIC CORPORATION 6.0% 05/15/2025 USD PVT REGS SR | $24,769 | $24,769 |
| APACHE CORPORATION 4.25% 01/15/2030 USD SR LIEN NEXT | $31,658 | $31,658 |
| APACHE CORP 4.875% 11/15/2027 USD SR LIEN NEXT CALL DT. | $20,123 | $20,123 |
| AMERICAN EXPRESS COMPANY HYBRID PERPETUAL USD | $40,331 | $40,331 |
| AMERICAN AXLE & MFG INC 6.875% 07/01/2028 USD SR LIEN | $58,333 | $58,333 |
| AMERICAN AXLE & MFG INC 6.875% 07/01/2028 USD SR LIEN | $40,741 | $40,741 |
| AMC NETWORKS INC 4.75% 08/01/2025 USD SR LIEN NEXT | $31,971 | $31,971 |
| AMC NETWORKS INC 4.75% 08/01/2025 USD SR LIEN NEXT | $24,953 | $24,953 |
| ALLY FINANCIAL INC. HYBRID PERPETUAL USD SER C JRSUB | $40,464 | $40,464 |
| BALL CORPORATION 6.875% 03/15/2028 USD SR LIEN NEXT | $10,340 | $10,340 |
| CROSS TIMBERS RTY TR TR UNIT | $432,480 | $432,480 |
| BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD | $54,924 | $54,924 |
| BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD | $72,650 | $72,650 |
| CAPITAL ONE FINANCIAL CORPORAT HYBRID PERPETUAL USD | $27,604 | $27,604 |
| CANADIAN NATURAL RES LTD | $416,475 | $416,475 |
| CALPINE CORP 5.25% 06/01/2026 USD PVT REGS SR LIEN NEXT | $2,871 | $2,871 |
| BUCKEYE PARTNERS, L.P. 4.35% 10/15/2024 USD SR LIEN NEXT | $48,600 | $48,600 |
| BP P.L.C. SPONSORED ADR CMN (BP) | $27,944 | $27,944 |
| BP CAPITAL MARKETS P.L.C. HYBRID PERPETUAL USD SUB | $39,424 | $39,424 |
| BOYD GAMING CORPORATION 4.75% 12/01/2027 USD SER WI | $19,642 | $19,642 |
| BOYD GAMING CORPORATION 4.75% 12/01/2027 USD SER WI | $30,866 | $30,866 |
| ALCOA INC. 5.9% 02/01/2027 SR LIEN S&P BB+ /MOODY'S BA1 | $8,137 | $8,137 |
| BNP PARIBAS SPONSORED ADR CMN (BNPQY) | $34,099 | $34,099 |
| BLOCK INC 3.5% 06/01/2031 USD SR LIEN NEXT CALL DT. 03 01 | $59,959 | $59,959 |
| BLOCK INC 2.75% 06/01/2026 USD SR LIEN NEXT CALL DT. 05 01 | $57,952 | $57,952 |
| BANK OF NOVA SCOTIA (THE) HYBRID PERPETUAL USD SUB | $57,746 | $57,746 |
| BANK OF NEW YORK MELLON CORPOR HYBRID PERPETUAL | $34,066 | $34,066 |
| BANK OF NEW YORK MELLON CORPOR HYBRID PERPETUAL | $53,537 | $53,537 |
| BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD | $34,392 | $34,392 |
| BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD | $50,601 | $50,601 |
| BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD | $13,890 | $13,890 |
| CROWN AMERICAS LLC 4.75% 02/01/2026 SER WI SR LIEN | $63,291 | $63,291 |
| CROWDSTRIKE HOLDINGS INC 3.0% 02/15/2029 USD SR LIEN | $59,037 | $59,037 |
| GOLDMAN SACHS BANK USA DEPOSIT | $43,398 | $43,398 |
| HUNTINGTON BANCSHARES INCORPOR HYBRID PERPETUAL | $32,907 | $32,907 |
| HSBC HOLDINGS PLC SPONSORED ADR CMN (HSBC) | $28,044 | $28,044 |
| HOWMET AEROSPACE INC. 3.0% 01/15/2029 USD SR LIEN | $64,788 | $64,788 |
| HOWMET AEROSPACE INC 6.875% 05/01/2025 USD SR LIEN | $3,113 | $3,113 |
| HILTON DOMESTIC OPERATING CO I 4.875% 01/15/2030 USD | $30,647 | $30,647 |
| HILTON DOMESTIC OPERATIN 5.375% 05/01/2025 USD PVT | $69,914 | $69,914 |
| HILLENBRAND INC STEP 09/15/2026 USD SR LIEN 5.0% | $64,681 | $64,681 |
| HILLENBRAND INC 5.75% 06/15/2025 USD SR LIEN NEXT CALL | $36,910 | $36,910 |
| HERBALIFE/HLF FINANCING 7.875% 09/01/2025 USD PVT | $32,026 | $32,026 |
| HCA INC. 5.375% 02/01/2025 USD SR LIEN S&P BBB | $61,317 | $61,317 |
| HCA INC 5.375% 09/01/2026 USD SR LIEN NEXT CALL DT. 03 01 | $34,261 | $34,261 |
| GRAPHIC PACKAGING INTL 4.125% 08/15/2024 USD SR LIEN | $54,893 | $54,893 |
| GRAPHIC PACKAGING INTL 4.125% 08/15/2024 USD SR LIEN | $47,907 | $47,907 |
| GOODYEAR TIRE & RUBBER COMPANY 4.875% 03/15/2027 | $43,667 | $43,667 |
| GOODYEAR TIRE & RUBBER COMPANY 4.875% 03/15/2027 | $30,660 | $30,660 |
| GOLDMAN SACHS BANK USA DEPOSIT (BDA) (*BDANOW) | $9,518 | $9,518 |
| HUNTINGTON BANCSHARES INCORPOR HYBRID PERPETUAL | $31,638 | $31,638 |
| GOLDMAN SACHS BANK USA DEPOSIT (BDA) | $106,504 | $106,504 |
| IBERDROLA SOCIEDAD ANONIMA SPONSORED ADR CMN | $32,662 | $32,662 |
| IHEARTCOMMUNICATIONS, INC. 6.375% 05/01/2026 USD SR | $35,969 | $35,969 |
| KONINKLIJKE AHOLD N.V. SPONSORED ADR CMN (ADRNY) | $17,187 | $17,187 |
| KKR GROUP FINANCE CO. IX LLC PFD USD1.1562(4.62%) | $20,021 | $20,021 |
| KEYCORP PFD USD1.5313(6.13%) SERIES E CALLABLE SERIES E | $32,081 | $32,081 |
| KENNEDY-WILSON, INC. 4.75% 03/01/2029 USD SR LIEN NEXT | $35,569 | $35,569 |
| KENNEDY-WILSON, INC. 4.75% 02/01/2030 USD SR LIEN NEXT | $55,262 | $55,262 |
| KB HOME 6.875% 06/15/2027 USD SR LIEN NEXT CALL DT. 12 15 | $27,243 | $27,243 |
| KB HOME 6.875% 06/15/2027 USD SR LIEN NEXT CALL DT. 12 15 | $31,279 | $31,279 |
| JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER X | $74,139 | $74,139 |
| JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER S | $35,849 | $35,849 |
| JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER FF | $9,358 | $9,358 |
| JELD-WEN INC 6.25% 05/15/2025 USD PVT REGS SR LIEN | $42,450 | $42,450 |
| ISHARES, INC.MSCI JAPAN ETF MUTUAL FUND (EWJ) | $59,884 | $59,884 |
| ISHARES TR IBOXX $ HIGH YIELD CORP BO ETF | $368,150 | $368,150 |
| ISHARES TR 0-5 YR HIGH YIELD CORP BO ETF | $817,800 | $817,800 |
| ISHARES MSCI AUSTRALIA ETF (EWA) | $57,798 | $57,798 |
| ING GROEP N.V. SPONS ADR SPONSORED ADR CMN (ING) | $35,293 | $35,293 |
| IHEARTCOMMUNICATIONS, INC. 6.375% 05/01/2026 USD SR | $58,729 | $58,729 |
| CROWN CORK & SEAL CO INC 7.375 12/15/2026 CALL @ | $39,246 | $39,246 |
| ALLY FINANCIAL INC. HYBRID PERPETUAL USD SER B JRSUB | $101,213 | $101,213 |
| GOLDMAN SACHS BANK USA DEPOSIT | $50,653 | $50,653 |
| ENCOMPASS HEALTH CORP 4.5% 02/01/2028 USD SR LIEN | $60,265 | $60,265 |
| ENBRIDGE INC. HYBRID 07/15/2080 USD SER 20-A SUB LIEN | $46,537 | $46,537 |
| ENBRIDGE INC. HYBRID 01/15/2083 JRSUB LIEN CPN 09/20/22 | $17,931 | $17,931 |
| EMERA INCORPORATED HYBRID 06/15/2076 USD SUB LIEN | $33,713 | $33,713 |
| ELANCO ANIMAL HEALTH INCORPORA STEP 08/28/2028 USD | $65,216 | $65,216 |
| ELANCO ANIMAL HEALTH INCORPORA STEP 08/28/2028 USD | $41,855 | $41,855 |
| ELANCO ANIMAL HEALTH INCORPORA STEP 08/28/2023 USD | $39,379 | $39,379 |
| ENCOMPASS HEALTH CORP 4.625% 04/01/2031 USD SR LIEN | $47,038 | $47,038 |
| DUKE ENERGY CORPORATION HYBRID PERPETUAL USD SR | $18,534 | $18,534 |
| DOMINION ENERGY, INC. HYBRID PERPETUAL USD SER B SR | $30,697 | $30,697 |
| DISCOVER FINANCIAL SERVICES HYBRID PERPETUAL USD SER | $49,363 | $49,363 |
| DIGITAL REALTY TRUST, INC. CMN (DLR) | $70,189 | $70,189 |
| DCP MIDSTREAM OPERATING, LP 3.875% 03/15/2023 SR LIEN | $50,286 | $50,286 |
| DANA INC 5.625% 06/15/2028 USD SR LIEN NEXT CALL DT. 06 | $59,266 | $59,266 |
| DANA INC 5.375% 11/15/2027 USD SR LIEN NEXT CALL DT. 11 | $39,249 | $39,249 |
| AIR LEASE CORPORATION HYBRID PERPETUAL USD SER B | $12,567 | $12,567 |
| DORCHESTER MINERALS LP COM UNITS | $598,600 | $598,600 |
| GOLDMAN SACHS BANK USA DEPOSIT | $33,480 | $33,480 |
| ENEL SOCIETA PER AZIONI ADR CMN (ENLAY) | $20,400 | $20,400 |
| ENPRO INDUSTRIES, INC. 5.75% 10/15/2026 USD SR LIEN NEXT | $35,357 | $35,357 |
| ABB LTD SPONSORED ADR CMN (ABB) | $27,414 | $27,414 |
| GFL ENVIRONMENTAL INC 5.125% 12/15/2026 USD PVT REGS | $33,553 | $33,553 |
| GFL ENVIRONMENTAL INC 4.25% 06/01/2025 USD PVT REGS | $19,171 | $19,171 |
| FORD MOTOR COMPANY GLOBAL 6.625% 10/01/2028 USD SR | $22,114 | $22,114 |
| FORD MOTOR COMPANY 9.625% 04/22/2030 USD SR LIEN | $62,083 | $62,083 |
| FORD HOLDING INC 9.300000 03/01/2030 SR LIEN S&P BB+ | $28,838 | $28,838 |
| AECOM 5.125% 03/15/2027 USD SER WI SR LIEN NEXT CALL DT. | $30,305 | $30,305 |
| ENERGY TRANSFER OPERATING LP FRN 11/01/2066 USD SER B | $3,904 | $3,904 |
| FIRST CITIZENS BANCSHARES INC HYBRID PERPETUAL SER B | $40,107 | $40,107 |
| AECOM 5.125% 03/15/2027 USD SER WI SR LIEN NEXT CALL DT. | $32,260 | $32,260 |
| EUREKA HOMESTEAD BANCORP INC COM | $51,033 | $51,033 |
| EQUITABLE HOLDINGS, INC. HYBRID PERPETUAL USD SER B | $33,072 | $33,072 |
| EQT MIDSTREAM PARTNERS, LP 5.5% 07/15/2028 USD SER | $37,700 | $37,700 |
| EQT MIDSTREAM PARTNERS LP 4.0% 08/01/2024 USD SR LIEN | $40,083 | $40,083 |
| EQT CORP STEP 02/01/2025 USD SR LIEN 6.125% 08/01/22- | $25,697 | $25,697 |
| ENPRO INDUSTRIES, INC. 5.75% 10/15/2026 USD SR LIEN NEXT | $30,446 | $30,446 |
| FIFTH THIRD BANCORP HYBRID PERPETUAL USD SER L JRSUB | $98,728 | $98,728 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (30 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BRISTOL-MYERS SQUIBB COMPANY CMN (BMY) | $287,800 | $287,800 |
| INTL BUSINESS MACHINES CORP CMN (IBM) | $295,869 | $295,869 |
| AT&T INC. CMN (T) | $233,807 | $233,807 |
| COCA-COLA COMPANY (THE) CMN (KO) | $178,108 | $178,108 |
| AVALONBAY COMMUNITIES INC CMN (AVB) | $65,244 | $65,244 |
| MICROSOFT CORPORATION CMN (MSFT) | $359,730 | $359,730 |
| NEXTERA ENERGY, INC. CMN (NEE) | $108,680 | $108,680 |
| EATON CORP PLC CMN | $156,950 | $156,950 |
| JOHNSON & JOHNSON CMN (JNJ) | $247,310 | $247,310 |
| HONEYWELL INTL INC CMN (HON) | $171,440 | $171,440 |
| BLACKROCK, INC. CMN (BLK) | $212,589 | $212,589 |
| CISCO SYSTEMS, INC. CMN (CSCO) | $266,784 | $266,784 |
| TEXAS INSTRUMENTS INC. CMN (TXN) | $231,308 | $231,308 |
| CVS HEALTH CORP CMN (CVS) | $214,337 | $214,337 |
| FIDELITY NATL INFO SVCS INC CMN (FIS) | $67,850 | $67,850 |
| NORFOLK SOUTHERN CORP CMN (NSC) | $197,136 | $197,136 |
| TARGET CORPORATION CMN (TGT) | $223,560 | $223,560 |
| BLACKROCK MORTAGE TRUST | $1,198,028 | $1,198,028 |
| AMERICAN TOWER CORPORATION CMN (AMT) | $128,052 | $128,052 |
| GILEAD SCIENCES CMN (GILD) | $137,360 | $137,360 |
| SALESFORCE INC CMN (CRM) | $172,367 | $172,367 |
| JPMORGAN CHASE & CO CMN (JPM) | $295,020 | $295,020 |
| XCEL ENERGY INC. CMN (XEL) | $84,717 | $84,717 |
| ABBOTT LABORATORIES CMN (ABT) | $131,748 | $131,749 |
| ROSS STORES,INC CMN (ROST) | $116,070 | $116,070 |
| WALMART INC CMN (WMT) | $199,402 | $199,402 |
| CONOCOPHILLIPS CMN (COP) | $225,530 | $225,530 |
| AIR PRODUCTS & CHEMICALS INC CMN (APD) | $185,928 | $185,928 |
| MC DONALDS CORP CMN (MCD) | $210,824 | $210,824 |
| KLA CORP CMN (KLAC) | $150,812 | $150,812 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (14 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| X3 FUND | FMV | $34,176,520 | $34,176,520 |
| 70TH STREET INVESTMENT | FMV | $12,300,000 | $12,300,000 |
| ALLERUM | FMV | $1,500,000 | $1,500,000 |
| KWIKBIT | AT COST | $3,500,000 | $3,500,000 |
| BOOTHBAY ABSOLUTE RETURN STRATEGIES OFFSHORE, LTD | FMV | $946,442 | $946,442 |
| SWEET LEAF | FMV | $2,149,202 | $2,149,202 |
| STONEX PRIME BROKERAGE | FMV | $6,375,018 | $6,375,018 |
| SABA | FMV | $5,548,832 | $5,548,832 |
| DAFNA FUND, LP | FMV | $3,266,772 | $3,266,772 |
| EMPOWERU INC. | AT COST | $419,396 | $419,396 |
| FARNUM | AT COST | $2,970,914 | $2,970,914 |
| NORTHERN LAKES | FMV | $850,000 | $850,000 |
| LUXOR LAND | FMV | $3,626,773 | $3,626,773 |
| WB CREDIT FUND LTD | FMV | $6,870,406 | $6,870,406 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS ON INVESTMENTS | Desc |
| Amt | $12,945,504 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE SUPPLIES | $5,644 | $0 | $5,982 |
| INSURANCE | $7,711 | $0 | $7,711 |
| PARTNERSHIP EXPENSES | $0 | $69,192 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME | Desc |
| Net Investment Income | -$806,478 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT CONSULTING FEES | CategoryTxt |
| Amt | $1,325,780 | Amt |
| Net Investment Income | $1,325,780 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $113,137 | $0 | $0 |
| FOREIGN TAXES PAID | $0 | $51 | $0 |