INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q3 2014 (← Previous) (Next →)

Filing Date: Nov 14, 2014

Total Value: $643M (5.1% shares, 94.9% debt)

Holdings (33)

— GILEAD SCIENCES INC 9.1%

Value $58.23M Shares 12,471,000 Share Price $4.67 Est. Cost/Share $3.12 Unrealized @ Report Date —

— INTEL CORP 8.7%

Value $55.99M Shares 44,000,000 Share Price $1.27 Est. Cost/Share $1.18 Unrealized @ Report Date —

— WELLPOINT INC 7.2%

Value $46.54M Shares 28,261,000 Share Price $1.65 Est. Cost/Share $2.56 Unrealized @ Report Date —

— PRICELINE GRP INC 5.7%

Value $36.54M Shares 27,152,000 Share Price $1.35 Est. Cost/Share $1.42 Unrealized @ Report Date —

— LAM RESEARCH CORP 5.3%

Value $33.77M Shares 26,555,000 Share Price $1.27 Est. Cost/Share $1.16 Unrealized @ Report Date —

— FORD MTR CO DEL 4.7%

Value $30M Shares 17,507,000 Share Price $1.71 Est. Cost/Share $1.99 Unrealized @ Report Date —

— XILINX INC 4.2%

Value $26.98M Shares 18,219,000 Share Price $1.48 Est. Cost/Share $1.87 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 4.1%

Value $26.57M Shares 25,122,000 Share Price $1.06 Est. Cost/Share $1.06 Unrealized @ Report Date —

— NEWMONT MINING CORP 4.0%

Value $25.46M Shares 24,882,000 Share Price $1.02 Est. Cost/Share $1.06 Unrealized @ Report Date —

— ARES CAP CORP 3.7%

Value $23.81M Shares 22,812,000 Share Price $1.04 Est. Cost/Share $1.28 Unrealized @ Report Date —

— OLD REP INTL CORP 3.7%

Value $23.68M Shares 20,230,000 Share Price $1.17 Est. Cost/Share $1.24 Unrealized @ Report Date —

— PROLOGIS 3.5%

Value $22.48M Shares 21,383,000 Share Price $1.05 Est. Cost/Share $1.17 Unrealized @ Report Date —

— WELLS FARGO & CO NEW 3.2%

Value $20.42M Shares 16,981 Share Price $1202.52 Est. Cost/Share $1184.83 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 3.2%

Value $20.3M Shares 19,777,000 Share Price $1.03 Est. Cost/Share $1.05 Unrealized @ Report Date —

— ALZA CORP 3.1%

Value $19.82M Shares 13,550,000 Share Price $1.46 Est. Cost/Share $1.35 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 2.4%

Value $15.42M Shares 12,011,000 Share Price $1.28 Est. Cost/Share $1.27 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 2.4%

Value $15.25M Shares 9,551,000 Share Price $1.60 Est. Cost/Share $1.58 Unrealized @ Report Date —

— MACQUARIE INFRASTR CO LLC 2.2%

Value $14.28M Shares 12,875,000 Share Price $1.11 Est. Cost/Share $1.11 Unrealized @ Report Date —

— DANAHER CORP DEL 2.2%

Value $13.92M Shares 6,314,000 Share Price $2.20 Est. Cost/Share $2.26 Unrealized @ Report Date —

— RPM INTL INC 2.1%

Value $13.49M Shares 12,020,000 Share Price $1.12 Est. Cost/Share $1.57 Unrealized @ Report Date —

— BANK AMER CORP 1.9%

Value $12.19M Shares 10,630 Share Price $1146.28 Est. Cost/Share $1080.64 Unrealized @ Report Date —

— ARES CAP CORP 1.9%

Value $11.91M Shares 11,537,000 Share Price $1.03 Est. Cost/Share $1.29 Unrealized @ Report Date —

— DEVELOPERS DIVERSIFIED RLTY 1.8%

Value $11.39M Shares 9,890,000 Share Price $1.15 Est. Cost/Share $1.16 Unrealized @ Report Date —

— NOVELLUS SYS INC 1.6%

Value $10.54M Shares 4,837,000 Share Price $2.18 Est. Cost/Share $1.71 Unrealized @ Report Date —

— DOMINION RES INC VA NEW 1.6%

Value $10.1M Shares 4,870,000 Share Price $2.07 Est. Cost/Share $2.10 Unrealized @ Report Date —

— HEALTH CARE REIT INC 1.3%

Value $8.392M Shares 6,823,000 Share Price $1.23 Est. Cost/Share $1.41 Unrealized @ Report Date —

— PRICELINE GRP INC 1.3%

Value $8.387M Shares 7,535,000 Share Price $1.11 Est. Cost/Share $1.18 Unrealized @ Report Date —

— TOLL BROS FIN CORP 1.1%

Value $7.064M Shares 7,011,000 Share Price $1.01 Est. Cost/Share $1.05 Unrealized @ Report Date —

— FIFTH STR FIN CORP 0.9%

Value $5.586M Shares 5,410,000 Share Price $1.03 Est. Cost/Share $1.06 Unrealized @ Report Date —

— AIRTRAN HLDGS INC 0.9%

Value $5.58M Shares 2,249,000 Share Price $2.48 Est. Cost/Share $1.94 Unrealized @ Report Date —

— CHESAPEAKE ENERGY CORP 0.7%

Value $4.5M Shares 4,500,000 Share Price $1.00 Est. Cost/Share $1.04 Unrealized @ Report Date —

— CSX CORP 0.4%

Value $2.867M Shares 840,000 Share Price $3.41 Est. Cost/Share $3.08 Unrealized @ Report Date —

— LAM RESEARCH CORP 0.3%

Value $1.683M Shares 1,250,000 Share Price $1.35 Est. Cost/Share $1.24 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	GILEAD SCIENCES INC	12,471,000	$58.23M	9.1%	$4.67	$3.12	—	NOTE 1.625% 5/0	375558AP8
—	INTEL CORP	44,000,000	$55.99M	8.7%	$1.27	$1.18	—	SDCV 2.950%12/1	458140AD2
—	WELLPOINT INC	28,261,000	$46.54M	7.2%	$1.65	$2.56	—	NOTE 2.750%10/1	94973VBG1
—	PRICELINE GRP INC	27,152,000	$36.54M	5.7%	$1.35	$1.42	—	DEBT 1.000% 3/1	741503AQ9
—	LAM RESEARCH CORP	26,555,000	$33.77M	5.3%	$1.27	$1.16	—	NOTE 0.500% 5/1	512807AJ7
—	FORD MTR CO DEL	17,507,000	$30M	4.7%	$1.71	$1.99	—	NOTE 4.250%11/1	345370CN8
—	XILINX INC	18,219,000	$26.98M	4.2%	$1.48	$1.87	—	NOTE 2.625% 6/1	983919AF8
—	JEFFERIES GROUP INC NEW	25,122,000	$26.57M	4.1%	$1.06	$1.06	—	DBCV 3.875%11/0	472319AG7
—	NEWMONT MINING CORP	24,882,000	$25.46M	4.0%	$1.02	$1.06	—	NOTE 1.625% 7/1	651639AJ5
—	ARES CAP CORP	22,812,000	$23.81M	3.7%	$1.04	$1.28	—	NOTE 5.125% 6/0	04010LAD5
—	OLD REP INTL CORP	20,230,000	$23.68M	3.7%	$1.17	$1.24	—	NOTE 3.750% 3/1	680223AH7
—	PROLOGIS	21,383,000	$22.48M	3.5%	$1.05	$1.17	—	NOTE 3.250% 3/1	74340XAT8
—	WELLS FARGO & CO NEW	16,981	$20.42M	3.2%	$1202.52	$1184.83	—	PERP PFD CNV A	949746804
—	PROSPECT CAPITAL CORPORATION	19,777,000	$20.3M	3.2%	$1.03	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	ALZA CORP	13,550,000	$19.82M	3.1%	$1.46	$1.35	—	SDCV 7/2	02261WAB5
—	TEVA PHARMACEUTICAL FIN LLC	12,011,000	$15.42M	2.4%	$1.28	$1.27	—	DBCV 0.250% 2/0	88163VAE9
—	FIDELITY NATIONAL FINANCIAL	9,551,000	$15.25M	2.4%	$1.60	$1.58	—	NOTE 4.250% 8/1	31620RAE5
—	MACQUARIE INFRASTR CO LLC	12,875,000	$14.28M	2.2%	$1.11	$1.11	—	NOTE 2.875% 7/1	55608BAA3
—	DANAHER CORP DEL	6,314,000	$13.92M	2.2%	$2.20	$2.26	—	NOTE 1/2	235851AF9
—	RPM INTL INC	12,020,000	$13.49M	2.1%	$1.12	$1.57	—	NOTE 2.250%12/1	749685AT0
—	BANK AMER CORP	10,630	$12.19M	1.9%	$1146.28	$1080.64	—	7.25%CNV PFD L	060505682
—	ARES CAP CORP	11,537,000	$11.91M	1.9%	$1.03	$1.29	—	NOTE 4.750% 1/1	04010LAJ2
—	DEVELOPERS DIVERSIFIED RLTY	9,890,000	$11.39M	1.8%	$1.15	$1.16	—	NOTE 1.750%11/1	251591AX1
—	NOVELLUS SYS INC	4,837,000	$10.54M	1.6%	$2.18	$1.71	—	NOTE 2.625% 5/1	670008AD3
—	DOMINION RES INC VA NEW	4,870,000	$10.1M	1.6%	$2.07	$2.10	—	NOTE 2.125%12/1	25746UAT6
—	HEALTH CARE REIT INC	6,823,000	$8.392M	1.3%	$1.23	$1.41	—	NOTE 3.000%12/0	42217KAR7
—	PRICELINE GRP INC	7,535,000	$8.387M	1.3%	$1.11	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	TOLL BROS FIN CORP	7,011,000	$7.064M	1.1%	$1.01	$1.05	—	NOTE 0.500% 9/1	88947EAM2
—	FIFTH STR FIN CORP	5,410,000	$5.586M	0.9%	$1.03	$1.06	—	NOTE 5.375% 4/0	31679BAC4
—	AIRTRAN HLDGS INC	2,249,000	$5.58M	0.9%	$2.48	$1.94	—	NOTE 5.250%11/0	00949PAD0
—	CHESAPEAKE ENERGY CORP	4,500,000	$4.5M	0.7%	$1.00	$1.04	—	NOTE 2.500% 5/1	165167CA3
—	CSX CORP	840,000	$2.867M	0.4%	$3.41	$3.08	—	DBCV 10/3	126408GA5
—	LAM RESEARCH CORP	1,250,000	$1.683M	0.3%	$1.35	$1.24	—	NOTE 1.250% 5/1	512807AL2