INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q2 2014 (← Previous) (Next →)

Filing Date: Aug 14, 2014

Total Value: $708M (4.4% shares, 95.6% debt)

Holdings (35)

— INTEL CORP 7.7%

Value $54.7M Shares 44,000,000 Share Price $1.24 Est. Cost/Share $1.18 Unrealized @ Report Date —

— GILEAD SCIENCES INC 7.2%

Value $51.2M Shares 14,046,000 Share Price $3.65 Est. Cost/Share $3.12 Unrealized @ Report Date —

— WELLPOINT INC 6.3%

Value $44.37M Shares 28,961,000 Share Price $1.53 Est. Cost/Share $2.56 Unrealized @ Report Date —

— PRICELINE GRP INC 5.6%

Value $39.62M Shares 27,962,000 Share Price $1.42 Est. Cost/Share $1.42 Unrealized @ Report Date —

— FORD MTR CO DEL 5.2%

Value $36.88M Shares 18,460,000 Share Price $2.00 Est. Cost/Share $1.99 Unrealized @ Report Date —

— XILINX INC 5.0%

Value $35.26M Shares 21,279,000 Share Price $1.66 Est. Cost/Share $1.87 Unrealized @ Report Date —

— LAM RESEARCH CORP 4.7%

Value $33.04M Shares 26,555,000 Share Price $1.24 Est. Cost/Share $1.16 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 4.2%

Value $29.91M Shares 27,972,000 Share Price $1.07 Est. Cost/Share $1.06 Unrealized @ Report Date —

— NEWMONT MINING CORP 3.7%

Value $26.27M Shares 24,882,000 Share Price $1.06 Est. Cost/Share $1.06 Unrealized @ Report Date —

— ALZA CORP 3.7%

Value $25.89M Shares 18,000,000 Share Price $1.44 Est. Cost/Share $1.35 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 3.5%

Value $24.8M Shares 15,113,000 Share Price $1.64 Est. Cost/Share $1.58 Unrealized @ Report Date —

— ARES CAP CORP 3.5%

Value $24.77M Shares 23,087,000 Share Price $1.07 Est. Cost/Share $1.28 Unrealized @ Report Date —

— OLD REP INTL CORP 3.5%

Value $24.72M Shares 19,865,000 Share Price $1.24 Est. Cost/Share $1.24 Unrealized @ Report Date —

— DANAHER CORP DEL 3.4%

Value $24.26M Shares 10,599,000 Share Price $2.29 Est. Cost/Share $2.26 Unrealized @ Report Date —

— PROLOGIS 3.3%

Value $23.42M Shares 20,923,000 Share Price $1.12 Est. Cost/Share $1.17 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.9%

Value $20.78M Shares 19,777,000 Share Price $1.05 Est. Cost/Share $1.05 Unrealized @ Report Date —

— WELLS FARGO & CO NEW 2.9%

Value $20.6M Shares 16,981 Share Price $1213.12 Est. Cost/Share $1184.83 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 2.4%

Value $17.07M Shares 13,354,000 Share Price $1.28 Est. Cost/Share $1.27 Unrealized @ Report Date —

— GOLDCORP INC NEW 2.4%

Value $16.95M Shares 16,934,000 Share Price $1.00 Est. Cost/Share $1.33 Unrealized @ Report Date —

— HEALTH CARE REIT INC 2.2%

Value $15.78M Shares 12,786,000 Share Price $1.23 Est. Cost/Share $1.41 Unrealized @ Report Date —

— DOMINION RES INC VA NEW 2.0%

Value $13.93M Shares 6,470,000 Share Price $2.15 Est. Cost/Share $2.10 Unrealized @ Report Date —

— RPM INTL INC 1.8%

Value $12.71M Shares 10,225,000 Share Price $1.24 Est. Cost/Share $1.65 Unrealized @ Report Date —

— DEVELOPERS DIVERSIFIED RLTY 1.8%

Value $12.68M Shares 10,575,000 Share Price $1.20 Est. Cost/Share $1.16 Unrealized @ Report Date —

— ARES CAP CORP 1.7%

Value $12.24M Shares 11,537,000 Share Price $1.06 Est. Cost/Share $1.29 Unrealized @ Report Date —

— NOVELLUS SYS INC 1.7%

Value $11.84M Shares 5,852,000 Share Price $2.02 Est. Cost/Share $1.71 Unrealized @ Report Date —

— BANK OF AMERICA CORPORATION 1.5%

Value $10.57M Shares 9,055 Share Price $1166.87 Est. Cost/Share $1069.22 Unrealized @ Report Date —

— PRICELINE GRP INC 1.3%

Value $8.896M Shares 7,535,000 Share Price $1.18 Est. Cost/Share $1.18 Unrealized @ Report Date —

— AIRTRAN HLDGS INC 1.1%

Value $7.886M Shares 3,724,000 Share Price $2.12 Est. Cost/Share $1.94 Unrealized @ Report Date —

— TOLL BROS FIN CORP 0.9%

Value $6.432M Shares 6,061,000 Share Price $1.06 Est. Cost/Share $1.06 Unrealized @ Report Date —

— FIFTH STR FIN CORP 0.8%

Value $5.708M Shares 5,410,000 Share Price $1.06 Est. Cost/Share $1.06 Unrealized @ Report Date —

— CSX CORP 0.8%

Value $5.626M Shares 1,715,000 Share Price $3.28 Est. Cost/Share $3.08 Unrealized @ Report Date —

— CHESAPEAKE ENERGY CORP 0.6%

Value $4.18M Shares 4,000,000 Share Price $1.04 Est. Cost/Share $1.04 Unrealized @ Report Date —

— SANDISK CORP 0.3%

Value $2.309M Shares 1,135,000 Share Price $2.03 Est. Cost/Share $1.64 Unrealized @ Report Date —

— LAM RESEARCH CORP 0.2%

Value $1.708M Shares 1,250,000 Share Price $1.37 Est. Cost/Share $1.24 Unrealized @ Report Date —

— LIBERTY INTERACTIVE LLC 0.1%

Value $779K Shares 581,000 Share Price $1.34 Est. Cost/Share $1.34 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	INTEL CORP	44,000,000	$54.7M	7.7%	$1.24	$1.18	—	SDCV 2.950%12/1	458140AD2
—	GILEAD SCIENCES INC	14,046,000	$51.2M	7.2%	$3.65	$3.12	—	NOTE 1.625% 5/0	375558AP8
—	WELLPOINT INC	28,961,000	$44.37M	6.3%	$1.53	$2.56	—	NOTE 2.750%10/1	94973VBG1
—	PRICELINE GRP INC	27,962,000	$39.62M	5.6%	$1.42	$1.42	—	DEBT 1.000% 3/1	741503AQ9
—	FORD MTR CO DEL	18,460,000	$36.88M	5.2%	$2.00	$1.99	—	NOTE 4.250%11/1	345370CN8
—	XILINX INC	21,279,000	$35.26M	5.0%	$1.66	$1.87	—	NOTE 2.625% 6/1	983919AF8
—	LAM RESEARCH CORP	26,555,000	$33.04M	4.7%	$1.24	$1.16	—	NOTE 0.500% 5/1	512807AJ7
—	JEFFERIES GROUP INC NEW	27,972,000	$29.91M	4.2%	$1.07	$1.06	—	DBCV 3.875%11/0	472319AG7
—	NEWMONT MINING CORP	24,882,000	$26.27M	3.7%	$1.06	$1.06	—	NOTE 1.625% 7/1	651639AJ5
—	ALZA CORP	18,000,000	$25.89M	3.7%	$1.44	$1.35	—	SDCV 7/2	02261WAB5
—	FIDELITY NATIONAL FINANCIAL	15,113,000	$24.8M	3.5%	$1.64	$1.58	—	NOTE 4.250% 8/1	31620RAE5
—	ARES CAP CORP	23,087,000	$24.77M	3.5%	$1.07	$1.28	—	NOTE 5.125% 6/0	04010LAD5
—	OLD REP INTL CORP	19,865,000	$24.72M	3.5%	$1.24	$1.24	—	NOTE 3.750% 3/1	680223AH7
—	DANAHER CORP DEL	10,599,000	$24.26M	3.4%	$2.29	$2.26	—	NOTE 1/2	235851AF9
—	PROLOGIS	20,923,000	$23.42M	3.3%	$1.12	$1.17	—	NOTE 3.250% 3/1	74340XAT8
—	PROSPECT CAPITAL CORPORATION	19,777,000	$20.78M	2.9%	$1.05	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	WELLS FARGO & CO NEW	16,981	$20.6M	2.9%	$1213.12	$1184.83	—	PERP PFD CNV A	949746804
—	TEVA PHARMACEUTICAL FIN LLC	13,354,000	$17.07M	2.4%	$1.28	$1.27	—	DBCV 0.250% 2/0	88163VAE9
—	GOLDCORP INC NEW	16,934,000	$16.95M	2.4%	$1.00	$1.33	—	NOTE 2.000% 8/0	380956AB8
—	HEALTH CARE REIT INC	12,786,000	$15.78M	2.2%	$1.23	$1.41	—	NOTE 3.000%12/0	42217KAR7
—	DOMINION RES INC VA NEW	6,470,000	$13.93M	2.0%	$2.15	$2.10	—	NOTE 2.125%12/1	25746UAT6
—	RPM INTL INC	10,225,000	$12.71M	1.8%	$1.24	$1.65	—	NOTE 2.250%12/1	749685AT0
—	DEVELOPERS DIVERSIFIED RLTY	10,575,000	$12.68M	1.8%	$1.20	$1.16	—	NOTE 1.750%11/1	251591AX1
—	ARES CAP CORP	11,537,000	$12.24M	1.7%	$1.06	$1.29	—	NOTE 4.750% 1/1	04010LAJ2
—	NOVELLUS SYS INC	5,852,000	$11.84M	1.7%	$2.02	$1.71	—	NOTE 2.625% 5/1	670008AD3
—	BANK OF AMERICA CORPORATION	9,055	$10.57M	1.5%	$1166.87	$1069.22	—	7.25%CNV PFD L	060505682
—	PRICELINE GRP INC	7,535,000	$8.896M	1.3%	$1.18	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	AIRTRAN HLDGS INC	3,724,000	$7.886M	1.1%	$2.12	$1.94	—	NOTE 5.250%11/0	00949PAD0
—	TOLL BROS FIN CORP	6,061,000	$6.432M	0.9%	$1.06	$1.06	—	NOTE 0.500% 9/1	88947EAM2
—	FIFTH STR FIN CORP	5,410,000	$5.708M	0.8%	$1.06	$1.06	—	NOTE 5.375% 4/0	31679BAC4
—	CSX CORP	1,715,000	$5.626M	0.8%	$3.28	$3.08	—	DBCV 10/3	126408GA5
—	CHESAPEAKE ENERGY CORP	4,000,000	$4.18M	0.6%	$1.04	$1.04	—	NOTE 2.500% 5/1	165167CA3
—	SANDISK CORP	1,135,000	$2.309M	0.3%	$2.03	$1.64	—	NOTE 1.500% 8/1	80004CAD3
—	LAM RESEARCH CORP	1,250,000	$1.708M	0.2%	$1.37	$1.24	—	NOTE 1.250% 5/1	512807AL2
—	LIBERTY INTERACTIVE LLC	581,000	$779K	0.1%	$1.34	$1.34	—	DEB 0.750% 3/3	530610AC8