PROTECTIVE LIFE CORP

Filed: 5/15/2023ACC: 0001104659-23-060414

📋 What this filing means

PROTECTIVE LIFE CORP filed this quarterly 13F‑HR report disclosing 19 equity positions with a total reported market value of $150.74M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$150.74M

Total AUM (reported)

3.43M

Total Shares

Allocation by class

CORE US AGGBD ET$29.38M19.5%

ICE PFD SEC ETF$24.84M16.5%

IBOXX INV CP ETF$22.23M14.7%

IBOXX HI YD ETF$16.39M10.9%

MBS ETF$14.72M9.8%

COM$11.33M7.5%

INT-TERM CORP$7.89M5.2%

Portfolio Concentration

Top 3$76.45M50.7%

4–10$60.06M39.8%

11–25$14.22M9.4%

Top 3 weight

50.7%

Top 10 weight

90.6%

Voting Authority Distribution

Total shares with voting rights: 3.43M

Sole

Full voting authority

3.43M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole19

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings19

Rows:

iShares Core U.S. Aggregate Bo

SOLE

CORE US AGGBD ET

Shares294.89K

TypeSH

Market value$29.38M

19.49%

Sole

294.89K

Shared

0.00

None

0.00

SPDR ICE Preferred Securities

SOLE

ICE PFD SEC ETF

Shares731.50K

TypeSH

Market value$24.84M

16.48%

Sole

731.50K

Shared

0.00

None

0.00

iShares iBoxx $ Investment Gra

SOLE

IBOXX INV CP ETF

Shares202.81K

TypeSH

Market value$22.23M

14.75%

Sole

202.81K

Shared

0.00

None

0.00

iShares iBoxx High Yield Corpo

SOLE

IBOXX HI YD ETF

Shares216.88K

TypeSH

Market value$16.39M

10.87%

Sole

216.88K

Shared

0.00

None

0.00

iShares MBS ETF

SOLE

MBS ETF

Shares155.42K

TypeSH

Market value$14.72M

9.77%

Sole

155.42K

Shared

0.00

None

0.00

Diamond Offshore Drilling Inc

SOLE

COM

Shares700.86K

TypeSH

Market value$8.44M

5.60%

Sole

700.86K

Shared

0.00

None

0.00

Vanguard Intermediate-Term Cor

SOLE

INT-TERM CORP

Shares98.42K

TypeSH

Market value$7.89M

5.24%

Sole

98.42K

Shared

0.00

None

0.00

iShares 10 Year Investment Gr

SOLE

10+ YR INVST GRD

Shares85K

TypeSH

Market value$4.45M

2.95%

Sole

85K

Shared

0.00

None

0.00

Invesco Taxable Municipal Bond

SOLE

TAXABLE MUN BD

Shares160K

TypeSH

Market value$4.30M

2.85%

Sole

160K

Shared

0.00

None

0.00

SPDR Portfolio Aggregate Bond

SOLE

PORTFOLIO AGRGTE

Shares150K

TypeSH

Market value$3.87M

2.57%

Sole

150K

Shared

0.00

None

0.00

Vanguard Long-Term Bond ETF

SOLE

LONG TERM BOND

Shares49K

TypeSH

Market value$3.76M

2.49%

Sole

49K

Shared

0.00

None

0.00

Nuveen Preferred & Income Oppo

SOLE

COM

Shares440K

TypeSH

Market value$2.90M

1.92%

Sole

440K

Shared

0.00

None

0.00

iShares Floating Rate Bond ETF

SOLE

FLTG RATE NT ETF

Shares49K

TypeSH

Market value$2.47M

1.64%

Sole

49K

Shared

0.00

None

0.00

iShares 7-10 Year Treasury Bon

SOLE

7-10 YR TRSY BD

Shares24.02K

TypeSH

Market value$2.38M

1.58%

Sole

24.02K

Shared

0.00

None

0.00

SPDR Bloomberg High Yield Bond

SOLE

BLOOMBERG HIGH Y

Shares12.10K

TypeSH

Market value$1.12M

0.75%

Sole

12.10K

Shared

0.00

None

0.00

SPDR Bloomberg Investment Grad

SOLE

BLOOMBERG INVT

Shares16.30K

TypeSH

Market value$496.0K

0.33%

Sole

16.30K

Shared

0.00

None

0.00

SPDR Bloomberg Short Term High

SOLE

BLOOMBERG SHT TE

Shares18.50K

TypeSH

Market value$459.5K

0.30%

Sole

18.50K

Shared

0.00

None

0.00

VanEck Fallen Angel High Yield

SOLE

FALLEN ANGEL HG

Shares16K

TypeSH

Market value$448.3K

0.30%

Sole

16K

Shared

0.00

None

0.00

Summit Midstream Partners LP

SOLE

COM UNIT LTD

Shares12.35K

TypeSH

Market value$189.6K

0.13%

Sole

12.35K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
iShares Core U.S. Aggregate BoSOLE	CORE US AGGBD ET	294.89K	SH	$29.38M 19.49%	294.89K
SPDR ICE Preferred SecuritiesSOLE	ICE PFD SEC ETF	731.50K	SH	$24.84M 16.48%	731.50K
iShares iBoxx $ Investment GraSOLE	IBOXX INV CP ETF	202.81K	SH	$22.23M 14.75%	202.81K
iShares iBoxx High Yield CorpoSOLE	IBOXX HI YD ETF	216.88K	SH	$16.39M 10.87%	216.88K
iShares MBS ETFSOLE	MBS ETF	155.42K	SH	$14.72M 9.77%	155.42K
Diamond Offshore Drilling IncSOLE	COM	700.86K	SH	$8.44M 5.60%	700.86K
Vanguard Intermediate-Term CorSOLE	INT-TERM CORP	98.42K	SH	$7.89M 5.24%	98.42K
iShares 10 Year Investment GrSOLE	10+ YR INVST GRD	85K	SH	$4.45M 2.95%	85K
Invesco Taxable Municipal BondSOLE	TAXABLE MUN BD	160K	SH	$4.30M 2.85%	160K
SPDR Portfolio Aggregate BondSOLE	PORTFOLIO AGRGTE	150K	SH	$3.87M 2.57%	150K
Vanguard Long-Term Bond ETFSOLE	LONG TERM BOND	49K	SH	$3.76M 2.49%	49K
Nuveen Preferred & Income OppoSOLE	COM	440K	SH	$2.90M 1.92%	440K
iShares Floating Rate Bond ETFSOLE	FLTG RATE NT ETF	49K	SH	$2.47M 1.64%	49K
iShares 7-10 Year Treasury BonSOLE	7-10 YR TRSY BD	24.02K	SH	$2.38M 1.58%	24.02K
SPDR Bloomberg High Yield BondSOLE	BLOOMBERG HIGH Y	12.10K	SH	$1.12M 0.75%	12.10K
SPDR Bloomberg Investment GradSOLE	BLOOMBERG INVT	16.30K	SH	$496.0K 0.33%	16.30K
SPDR Bloomberg Short Term HighSOLE	BLOOMBERG SHT TE	18.50K	SH	$459.5K 0.30%	18.50K
VanEck Fallen Angel High YieldSOLE	FALLEN ANGEL HG	16K	SH	$448.3K 0.30%	16K
Summit Midstream Partners LPSOLE	COM UNIT LTD	12.35K	SH	$189.6K 0.13%	12.35K