INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 15, 2014

Total Value: $704M (4.4% shares, 95.6% debt)

Holdings (35)

— INTEL CORP 7.4%

Value $52.01M Shares 44,195,000 Share Price $1.18 Est. Cost/Share $1.18 Unrealized @ Report Date —

— GILEAD SCIENCES INC 6.1%

Value $43.23M Shares 13,896,000 Share Price $3.11 Est. Cost/Share $3.11 Unrealized @ Report Date —

— WELLPOINT INC 6.1%

Value $42.96M Shares 29,386,000 Share Price $1.46 Est. Cost/Share $2.56 Unrealized @ Report Date —

— XILINX INC 5.8%

Value $40.54M Shares 21,619,000 Share Price $1.88 Est. Cost/Share $1.87 Unrealized @ Report Date —

— PRICELINE COM INC 5.6%

Value $39.58M Shares 27,962,000 Share Price $1.42 Est. Cost/Share $1.42 Unrealized @ Report Date —

— LAM RESEARCH CORP 4.4%

Value $30.74M Shares 26,555,000 Share Price $1.16 Est. Cost/Share $1.16 Unrealized @ Report Date —

— FORD MTR CO DEL 4.3%

Value $30.21M Shares 16,685,000 Share Price $1.81 Est. Cost/Share $1.99 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 4.2%

Value $29.77M Shares 27,972,000 Share Price $1.06 Est. Cost/Share $1.06 Unrealized @ Report Date —

— NEWMONT MINING CORP 3.7%

Value $26.2M Shares 24,762,000 Share Price $1.06 Est. Cost/Share $1.06 Unrealized @ Report Date —

— DOMINION RES INC VA NEW 3.5%

Value $24.93M Shares 11,845,000 Share Price $2.10 Est. Cost/Share $2.10 Unrealized @ Report Date —

— ALZA CORP 3.5%

Value $24.3M Shares 18,000,000 Share Price $1.35 Est. Cost/Share $1.35 Unrealized @ Report Date —

— OLD REP INTL CORP 3.4%

Value $24.26M Shares 19,505,000 Share Price $1.24 Est. Cost/Share $1.24 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 3.4%

Value $23.87M Shares 15,113,000 Share Price $1.58 Est. Cost/Share $1.58 Unrealized @ Report Date —

— PROLOGIS 3.4%

Value $23.66M Shares 20,218,000 Share Price $1.17 Est. Cost/Share $1.17 Unrealized @ Report Date —

— DANAHER CORP DEL 3.3%

Value $23.54M Shares 10,799,000 Share Price $2.18 Est. Cost/Share $2.26 Unrealized @ Report Date —

— ARES CAP CORP 3.3%

Value $23.34M Shares 21,737,000 Share Price $1.07 Est. Cost/Share $1.29 Unrealized @ Report Date —

— AIRTRAN HLDGS INC 3.2%

Value $22.23M Shares 11,449,000 Share Price $1.94 Est. Cost/Share $1.94 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 3.0%

Value $20.79M Shares 19,777,000 Share Price $1.05 Est. Cost/Share $1.05 Unrealized @ Report Date —

— WELLS FARGO & CO NEW 2.6%

Value $18.62M Shares 15,981 Share Price $1165.01 Est. Cost/Share $1183.06 Unrealized @ Report Date —

— GOLDCORP INC NEW 2.6%

Value $18.55M Shares 18,532,000 Share Price $1.00 Est. Cost/Share $1.33 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 2.4%

Value $16.95M Shares 13,354,000 Share Price $1.27 Est. Cost/Share $1.27 Unrealized @ Report Date —

— HEALTH CARE REIT INC 2.2%

Value $15.14M Shares 12,786,000 Share Price $1.18 Est. Cost/Share $1.41 Unrealized @ Report Date —

— ARES CAP CORP 1.8%

Value $12.42M Shares 11,537,000 Share Price $1.08 Est. Cost/Share $1.29 Unrealized @ Report Date —

— DEVELOPERS DIVERSIFIED RLTY 1.7%

Value $12.07M Shares 10,450,000 Share Price $1.16 Est. Cost/Share $1.16 Unrealized @ Report Date —

— RPM INTL INC 1.6%

Value $11.38M Shares 9,825,000 Share Price $1.16 Est. Cost/Share $1.67 Unrealized @ Report Date —

— BANK OF AMERICA CORPORATION 1.4%

Value $10.16M Shares 8,855 Share Price $1146.92 Est. Cost/Share $1067.02 Unrealized @ Report Date —

— NOVELLUS SYS INC 1.4%

Value $9.989M Shares 5,852,000 Share Price $1.71 Est. Cost/Share $1.71 Unrealized @ Report Date —

— ALLEGHENY TECHNOLOGIES INC 1.1%

Value $7.953M Shares 7,792,000 Share Price $1.02 Est. Cost/Share $1.02 Unrealized @ Report Date —

— GILEAD SCIENCES INC 1.0%

Value $7.07M Shares 2,256,000 Share Price $3.13 Est. Cost/Share $3.13 Unrealized @ Report Date —

— CSX CORP 0.9%

Value $6.446M Shares 2,090,000 Share Price $3.08 Est. Cost/Share $3.08 Unrealized @ Report Date —

— L-3 COMMUNICATIONS CORP 0.7%

Value $4.884M Shares 3,669,000 Share Price $1.33 Est. Cost/Share $1.33 Unrealized @ Report Date —

— STANLEY BLACK & DECKER INC 0.3%

Value $2.21M Shares 17,450 Share Price $126.65 Est. Cost/Share $132.88 Unrealized @ Report Date —

— SANDISK CORP 0.3%

Value $2.195M Shares 1,335,000 Share Price $1.64 Est. Cost/Share $1.64 Unrealized @ Report Date —

— LAM RESEARCH CORP 0.2%

Value $1.551M Shares 1,250,000 Share Price $1.24 Est. Cost/Share $1.24 Unrealized @ Report Date —

— NEWMONT MINING CORP 0.1%

Value $375K Shares 375,000 Share Price $1.00 Est. Cost/Share $1.00 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	INTEL CORP	44,195,000	$52.01M	7.4%	$1.18	$1.18	—	SDCV 2.950%12/1	458140AD2
—	GILEAD SCIENCES INC	13,896,000	$43.23M	6.1%	$3.11	$3.11	—	NOTE 1.625% 5/0	375558AP8
—	WELLPOINT INC	29,386,000	$42.96M	6.1%	$1.46	$2.56	—	NOTE 2.750%10/1	94973VBG1
—	XILINX INC	21,619,000	$40.54M	5.8%	$1.88	$1.87	—	NOTE 2.625% 6/1	983919AF8
—	PRICELINE COM INC	27,962,000	$39.58M	5.6%	$1.42	$1.42	—	DEBT 1.000% 3/1	741503AQ9
—	LAM RESEARCH CORP	26,555,000	$30.74M	4.4%	$1.16	$1.16	—	NOTE 0.500% 5/1	512807AJ7
—	FORD MTR CO DEL	16,685,000	$30.21M	4.3%	$1.81	$1.99	—	NOTE 4.250%11/1	345370CN8
—	JEFFERIES GROUP INC NEW	27,972,000	$29.77M	4.2%	$1.06	$1.06	—	DBCV 3.875%11/0	472319AG7
—	NEWMONT MINING CORP	24,762,000	$26.2M	3.7%	$1.06	$1.06	—	NOTE 1.625% 7/1	651639AJ5
—	DOMINION RES INC VA NEW	11,845,000	$24.93M	3.5%	$2.10	$2.10	—	NOTE 2.125%12/1	25746UAT6
—	ALZA CORP	18,000,000	$24.3M	3.5%	$1.35	$1.35	—	SDCV 7/2	02261WAB5
—	OLD REP INTL CORP	19,505,000	$24.26M	3.4%	$1.24	$1.24	—	NOTE 3.750% 3/1	680223AH7
—	FIDELITY NATIONAL FINANCIAL	15,113,000	$23.87M	3.4%	$1.58	$1.58	—	NOTE 4.250% 8/1	31620RAE5
—	PROLOGIS	20,218,000	$23.66M	3.4%	$1.17	$1.17	—	NOTE 3.250% 3/1	74340XAT8
—	DANAHER CORP DEL	10,799,000	$23.54M	3.3%	$2.18	$2.26	—	NOTE 1/2	235851AF9
—	ARES CAP CORP	21,737,000	$23.34M	3.3%	$1.07	$1.29	—	NOTE 5.125% 6/0	04010LAD5
—	AIRTRAN HLDGS INC	11,449,000	$22.23M	3.2%	$1.94	$1.94	—	NOTE 5.250%11/0	00949PAD0
—	PROSPECT CAPITAL CORPORATION	19,777,000	$20.79M	3.0%	$1.05	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	WELLS FARGO & CO NEW	15,981	$18.62M	2.6%	$1165.01	$1183.06	—	PERP PFD CNV A	949746804
—	GOLDCORP INC NEW	18,532,000	$18.55M	2.6%	$1.00	$1.33	—	NOTE 2.000% 8/0	380956AB8
—	TEVA PHARMACEUTICAL FIN LLC	13,354,000	$16.95M	2.4%	$1.27	$1.27	—	DBCV 0.250% 2/0	88163VAE9
—	HEALTH CARE REIT INC	12,786,000	$15.14M	2.2%	$1.18	$1.41	—	NOTE 3.000%12/0	42217KAR7
—	ARES CAP CORP	11,537,000	$12.42M	1.8%	$1.08	$1.29	—	NOTE 4.750% 1/1	04010LAJ2
—	DEVELOPERS DIVERSIFIED RLTY	10,450,000	$12.07M	1.7%	$1.16	$1.16	—	NOTE 1.750%11/1	251591AX1
—	RPM INTL INC	9,825,000	$11.38M	1.6%	$1.16	$1.67	—	NOTE 2.250%12/1	749685AT0
—	BANK OF AMERICA CORPORATION	8,855	$10.16M	1.4%	$1146.92	$1067.02	—	7.25%CNV PFD L	060505682
—	NOVELLUS SYS INC	5,852,000	$9.989M	1.4%	$1.71	$1.71	—	NOTE 2.625% 5/1	670008AD3
—	ALLEGHENY TECHNOLOGIES INC	7,792,000	$7.953M	1.1%	$1.02	$1.02	—	NOTE 4.250% 6/0	01741RAD4
—	GILEAD SCIENCES INC	2,256,000	$7.07M	1.0%	$3.13	$3.13	—	NOTE 1.000% 5/0	375558AN3
—	CSX CORP	2,090,000	$6.446M	0.9%	$3.08	$3.08	—	DBCV 10/3	126408GA5
—	L-3 COMMUNICATIONS CORP	3,669,000	$4.884M	0.7%	$1.33	$1.33	—	DEBT 3.000% 8/0	502413AW7
—	STANLEY BLACK & DECKER INC	17,450	$2.21M	0.3%	$126.65	$132.88	—	UNIT 99/99/9999	854502309
—	SANDISK CORP	1,335,000	$2.195M	0.3%	$1.64	$1.64	—	NOTE 1.500% 8/1	80004CAD3
—	LAM RESEARCH CORP	1,250,000	$1.551M	0.2%	$1.24	$1.24	—	NOTE 1.250% 5/1	512807AL2
—	NEWMONT MINING CORP	375,000	$375K	0.1%	$1.00	$1.00	—	NOTE 1.250% 7/1	651639AH9