1 Bank Of America Corp. 5Y Us Ti +Financials · Banks 1.34% 1.3% 92,523,000 $92.56M Financials Banks 2 Citigroup Inc 6.95%Financials · Banks 1.24% 2.6% 86,540,000 $85.64M Financials Banks 3 Citigroup Inc 05/15/2174 1.20% 3.8% 84,494,000 $83.21M 4 Metlife Capital Trust Iv 1.14% 4.9% 75,050,000 $79.05M 5 Barclays Plc 9.625% 1.08% 6.0% 69,550,000 $75.00M 6 Bnp Paribas 8.000000% Maturity: Perpetual 8 2172-08-22 1.07% 7.1% 72,650,000 $74.22M 7 Ing Groep Nv 7.000% Flt Perp Sr:. 1.05% 8.1% 73,600,000 $72.88M 8 Standard Chartered Plc 7.875 2030-03-08 0.92% 9.0% 62,000,000 $63.62M 9 Royal Bank of Canada Jr Subordina 08/85 Var 0.91% 10.0% 63,600,000 $62.95M 10 Societe Generale Sa 0.90% 10.9% 61,700,000 $62.26M 11 Ubs Group Ag 6.625% Flt Perp Sr:.14A 0.90% 11.8% 64,300,000 $62.44M 12 Enbridge Inc 0.89% 12.6% 56,080,000 $61.41M 13 Goldman Sachs Group Inc (The) 7.5%/Var Perp 0.88% 13.5% 59,851,000 $60.89M 14 A AQN Algonquin Power & Utilities Corp., 4.75%,Jan18,2082 0.84% 14.4% 58,721,000 $58.32M 15 Venture Global Lng Inc 144A 12/31/2079 9 0.84% 15.2% 57,347,000 $57.91M 16 State Street Treasury Plus Money Market Portfolio 0.82% 16.0% 56,637,417 $56.64M 17 Banco Santander Sa 0.08% Dec 31/99 0.82% 16.8% 55,200,000 $57.17M 18 Ubs Group Ag Regd V/R /Perp/ 144A P/P 7.75000000 0.80% 17.6% 54,321,000 $55.47M 19 Hsbc Holdings Plc 6.750% Flt Perp 0.79% 18.4% 55,900,000 $54.76M 20 Ubs 7 Perp 7 2174-07-08 0.77% 19.2% 55,700,000 $53.68M 21 Ubs Group Agperpetual Bonds 0.76% 20.0% 47,600,000 $52.89M 22 Enbridge Inc Subordinated 03/78 Var 0.76% 20.7% 52,959,000 $52.72M 23 M MS Morgan Stanley 0.76% 21.5% 2,191,020 $52.96M 24 Bnp Paribas Sa 0.75% 22.2% 51,100,000 $52.08M 25 Goldman Sachs Group Inc/The 6.85% Dec 31, 2079 0.74% 23.0% 51,399,000 $51.02M 26 Swedbank Ab Jr Subordina Regs 12/99 Var 7.75 0.72% 23.7% 48,600,000 $50.02M 27 Bnp Paribas Sa 7.375 2034-09-10 0.69% 24.4% 48,800,000 $47.90M 28 Energy Transfer Lp 3M Us L + 0.69% 25.1% 48,060,000 $48.06M 29 Bank Of N Vrn 10/27/85 0.66% 25.7% 47,800,000 $45.89M 30 Societe Generale SA 0.66% 26.4% 46,800,000 $45.76M 31 Hsbc Holdings Plc Jr Subordina 12/99 Var 0.65% 27.0% 45,300,000 $45.10M 32 Ubs Group Ag (Nc10) 144A 7% Dec 31, 2079 0.65% 27.7% 46,500,000 $45.03M 33 NA 0.65% 28.3% 45,062,103 $45.06M 34 Credit Agricole Sa 7.13% Sep 23/35 0.64% 29.0% 45,800,000 $44.44M 35 Ing Groep Nv Jr Subordina Regs 12/49 Var 0.64% 29.6% 42,761,000 $44.20M 36 Rlgh Finance Bermuda Ltd Company Guar Regs 12/99 Var 6.875 0.62% 30.2% 44,600,000 $43.29M 37 N NMR Nomura Holdings Inc 7 Dec 31, 2079 0.59% 30.8% 41,100,000 $40.74M 38 Sempra 6.4% Oct 01, 2054 0.59% 31.4% 42,882,000 $40.99M 39 South Bow Canadian Infrastructure Holdings Ltd 0.59% 32.0% 40,155,000 $40.78M 40 Bnp Paribas Sa 8.5 2028/08/14 0.59% 32.6% 39,600,000 $40.91M 41 Bank Of Montreal Jr Subordina 11/85 Var 0.59% 33.2% 41,375,000 $40.80M 42 Energy Tran Lp 7.125%/Var Perp 0.56% 33.8% 38,266,000 $38.74M 43 Commerzbank Ag Jr Subordina Regs 12/99 Var 7.5 0.55% 34.3% 37,200,000 $37.95M 44 Metlife Inc Jr Subordina 144a 04/38 9.25 0.54% 34.8% 33,044,000 $37.20M 45 Societe Generale Sa 0.54% 35.4% 41,000,000 $37.60M 46 Societe Generale Sa 8.5% 0.54% 35.9% 36,200,000 $37.33M 47 Natwest Group Plcperpetual Bonds 0.53% 36.5% 34,800,000 $36.65M 48 Telus Corp 6.63% 15Oct2055 0.53% 37.0% 38,078,000 $36.48M 49 Telus Corp 7% 15Oct2055 0.53% 37.5% 38,115,000 $36.52M 50 Barclays Plc Jr Subordina Regs 12/99 Var 8.375 0.53% 38.0% 26,850,000 $36.81M 
