# EDGAR Filing Document

**Accession Number:** 0000355429
**File Stem:** 0001104659-23-028980
**Filing Date:** 2023-3
**Character Count:** 6373
**Document Hash:** 1534ef8c87ee0717c7627d49000cf12d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-028980.hdr.sgml**: 20230306

**ACCESSION NUMBER**: 0001104659-23-028980

**CONFORMED SUBMISSION TYPE**: 13F-HR/A

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230306

**DATE AS OF CHANGE**: 20230306

**EFFECTIVENESS DATE**: 20230306

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROTECTIVE LIFE CORP
- **CENTRAL INDEX KEY:** 0000355429
- **STANDARD INDUSTRIAL CLASSIFICATION:** LIFE INSURANCE [6311]
- **IRS NUMBER:** 952492236
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18945
- **FILM NUMBER:** 23708805

**BUSINESS ADDRESS:**
- **STREET 1:** 2801 HGWY 280 S
- **CITY:** BIRMINGHAM
- **STATE:** AL
- **ZIP:** 35223
- **BUSINESS PHONE:** 2052683596

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 2606
- **CITY:** BIRMINGHAM
- **STATE:** AL
- **ZIP:** 35202

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [x] **Amendment Number:** 1

**This Amendment (Check only one.):** [x] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** PROTECTIVE LIFE CORP<br>**Address:** Po Box 2606<br>Birmingham, AL 35202

**Form 13F File Number:** 028-18945

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Philip E. Passafiume<br>**Title:** Executive Vice President and Chief Investment Officer<br>**Phone:** 205-268-6899

**Signature, Place, and Date of Signing:**

/s/ PHILIP E. PASSAFIUME  BIRMINGHAM, AL  03-02-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[ ] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[x] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 19

**Form 13F Information Table Value Total:** $124859009

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

|   No. | Name                                      | Form 13F File Number   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | CONCOURSE FINANCIAL GROUP SECURITIES INC. | 028-18928              |  |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| DIAMOND OFFSHORE DRILLING IN | COM | 25271C201 | BBG010JCFCD4 | 7288975 | 700863 | SH |  | SOLE |  | 700863 | 0 | 0 |
| Invesco Taxable Municipal Bond | INVESCO | 46138G805 | BBG000C00736 | 4113600 | 160000 | SH |  | SOLE |  | 160000 | 0 | 0 |
| iShares Core U.S. Aggregate Bo | CORE US AGGBD ET | 464287226 | BBG000Q123R0 | 20793686 | 214390 | SH |  | SOLE |  | 214390 | 0 | 0 |
| iShares iBoxx $ Investment Gra | IBOXX INV CP ETF | 464287242 | BBG000BBV9N3 | 16637381 | 157805 | SH |  | SOLE |  | 157805 | 0 | 0 |
| iShares 7-10 Year Treasury Bon | BARCLAYS 7 10 YR | 464287440 | BBG000BHR296 | 2301115 | 24025 | SH |  | SOLE |  | 24025 | 0 | 0 |
| iShares iBoxx High Yield Corpo | IBOXX HI YD ETF | 464288513 | BBG000R2T3H9 | 10814701 | 146879 | SH |  | SOLE |  | 146879 | 0 | 0 |
| iShares MBS ETF | MBS ETF | 464288588 | BBG000QN3H90 | 11447298 | 123421 | SH |  | SOLE |  | 123421 | 0 | 0 |
| iShares 10 Year Investment Gr | JP MRG EM CRP BD | 464289511 | BBG000PGKK27 | 4232150 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| iShares Floating Rate Bond ETF | FLTG RATE NT ETF | 46429B655 | BBG001QWVB81 | 2466170 | 49000 | SH |  | SOLE |  | 49000 | 0 | 0 |
| Nuveen Preferred  Income Oppo | COM | 67073B106 | BBG000BD4GK6 | 3203200 | 440000 | SH |  | SOLE |  | 440000 | 0 | 0 |
| SPDR ICE Preferred Securities | WELLS FG PFD ETF | 78464A292 | BBG000P8NH38 | 24007830 | 731500 | SH |  | SOLE |  | 731500 | 0 | 0 |
| SPDR Portfolio Aggregate Bond | SPDR | 78464A649 | BBG000RFSB92 | 3769500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| SPDR Bloomberg Investment Grad | BLOMBERG BRC INV | 78468R200 | BBG0029J2H86 | 495357 | 16300 | SH |  | SOLE |  | 16300 | 0 | 0 |
| SPDR Bloomberg Short Term High | BLOOMBERG SRT TR | 78468R408 | BBG002QLYC88 | 448440 | 18500 | SH |  | SOLE |  | 18500 | 0 | 0 |
| SPDR Bloomberg High Yield Bond | BLOOMBERG BRCLYS | 78468R622 | BBG000NXDKM8 | 1089000 | 12100 | SH |  | SOLE |  | 12100 | 0 | 0 |
| Summit Midstream Partners LP | COM UNIT LTD | 866142409 | BBG003B91XR8 | 205998 | 12350 | SH |  | SOLE |  | 12350 | 0 | 0 |
| VanEck Fallen Angel High Yield | FALLEN ANGEL HG | 92189F437 | BBG002VZY764 | 432320 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| Vanguard Long-Term Bond ETF | VANGUARD ADMIRAL FDS INC | 921937793 | BBG000R45489 | 3549560 | 49000 | SH |  | SOLE |  | 49000 | 0 | 0 |
| Vanguard Intermediate-Term Cor | INT-TERM CORP | 92206C870 | BBG000PWYVH7 | 7562728 | 97571 | SH |  | SOLE |  | 97571 | 0 | 0 |

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