SEC Filing Summary: CNO Financial Group, Inc.
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by CNO Financial Group, Inc. for the reporting period ending March 31, 2018. The document discloses the company's holdings of U.S. equity securities and certain other securities as required by the Securities Exchange Act of 1934.
Key Financial Metrics and Portfolio Composition
The filing details a portfolio consisting of 24 distinct holdings, primarily composed of common stocks, preferred stocks, and corporate bonds. The total value of the reported securities is approximately $66.5 million (sum of Column 4 values).
- Top Holdings by Value:
- TCP Capital Corp (Note 4.625%): $10,000,000
- PowerShares ETF Trust II Pfd Portfolio: $3,552,423
- First Tr Exchange-Traded Fd Pfd Secs Inc ETF: $2,000,000
- TCP Capital Corp (Common): $2,011,900
- Goldman Sachs BDC Inc (Note 4.500%): $2,000,000
- Asset Classes: The portfolio includes significant exposure to Business Development Companies (BDCs), Mortgage REITs, and Exchange-Traded Funds (ETFs) focused on high yield and preferred securities.
- Voting Authority: CNO Financial Group, Inc. reported sole voting authority for all listed equity positions.
Material Changes
The filing text does not provide comparative data for the prior quarter (December 31, 2017). Therefore, material changes in holdings, additions, or deletions versus the prior comparable period cannot be determined from this document alone.
Guidance, Outlook, and Risks
Form 13F filings are statutory disclosure documents and do not contain management commentary, financial guidance, or forward-looking outlooks. The filing includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio against the company's quarterly 10-Q filing for Q1 2018 to confirm the proportion of assets represented here.
- Compare the specific holdings listed (e.g., TCP Capital Corp, Goldman Sachs BDC) with the prior quarter's 13F to identify new positions or divestitures.
- Confirm the "Discretion" status (listed as "DFND" for all items) to ensure these positions are managed under the company's primary investment strategy.
- Review the 10-Q for details on the valuation methodology used for the "Value" column, particularly for non-traded or illiquid securities.