INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q2 2015 (← Previous) (Next →)

Filing Date: Aug 12, 2015

Total Value: $658M (4.6% shares, 95.4% debt)

Holdings (35)

— WELLPOINT INC 9.1%

Value $59.94M Shares 27,316,000 Share Price $2.19 Est. Cost/Share $2.07 Unrealized @ Report Date —

— INTEL CORP 8.5%

Value $55.85M Shares 46,425,000 Share Price $1.20 Est. Cost/Share $1.18 Unrealized @ Report Date —

— GILEAD SCIENCES INC 7.1%

Value $47M Shares 9,116,000 Share Price $5.16 Est. Cost/Share $3.12 Unrealized @ Report Date —

— ILLUMINA INC 6.0%

Value $39.39M Shares 33,650,000 Share Price $1.17 Est. Cost/Share $1.17 Unrealized @ Report Date —

— LAM RESEARCH CORP 5.1%

Value $33.56M Shares 25,305,000 Share Price $1.33 Est. Cost/Share $1.16 Unrealized @ Report Date —

— NEWMONT MINING CORP 4.7%

Value $31.24M Shares 30,912,000 Share Price $1.01 Est. Cost/Share $1.05 Unrealized @ Report Date —

— ARES CAP CORP 4.5%

Value $29.42M Shares 28,563,000 Share Price $1.03 Est. Cost/Share $1.23 Unrealized @ Report Date —

— XILINX INC 4.2%

Value $27.32M Shares 17,674,000 Share Price $1.55 Est. Cost/Share $1.87 Unrealized @ Report Date —

— OLD REP INTL CORP 4.1%

Value $26.72M Shares 22,630,000 Share Price $1.18 Est. Cost/Share $1.23 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 3.8%

Value $25.29M Shares 24,777,000 Share Price $1.02 Est. Cost/Share $1.06 Unrealized @ Report Date —

— CITRIX SYS INC 3.6%

Value $23.92M Shares 22,644,000 Share Price $1.06 Est. Cost/Share $1.06 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 3.3%

Value $21.68M Shares 18,405,000 Share Price $1.18 Est. Cost/Share $1.13 Unrealized @ Report Date —

— WELLS FARGO & CO NEW 3.2%

Value $20.98M Shares 17,856 Share Price $1175.01 Est. Cost/Share $1188.66 Unrealized @ Report Date —

— ARES CAP CORP 3.1%

Value $20.52M Shares 20,071,000 Share Price $1.02 Est. Cost/Share $1.18 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.9%

Value $19.3M Shares 19,327,000 Share Price $1.00 Est. Cost/Share $1.05 Unrealized @ Report Date —

— ALZA CORP 2.4%

Value $15.98M Shares 11,950,000 Share Price $1.34 Est. Cost/Share $1.35 Unrealized @ Report Date —

— RPM INTL INC 2.4%

Value $15.5M Shares 13,320,000 Share Price $1.16 Est. Cost/Share $1.53 Unrealized @ Report Date —

— DANAHER CORP DEL 2.3%

Value $15.42M Shares 6,209,000 Share Price $2.48 Est. Cost/Share $2.26 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 2.3%

Value $15.39M Shares 7,521,000 Share Price $2.05 Est. Cost/Share $1.58 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 2.2%

Value $14.58M Shares 10,431,000 Share Price $1.40 Est. Cost/Share $1.27 Unrealized @ Report Date —

— NOVELLUS SYS INC 1.7%

Value $11.34M Shares 4,767,000 Share Price $2.38 Est. Cost/Share $1.71 Unrealized @ Report Date —

— CHESAPEAKE ENERGY CORP 1.6%

Value $10.49M Shares 10,885,000 Share Price $0.96 Est. Cost/Share $1.00 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 1.4%

Value $9.314M Shares 9,935,000 Share Price $0.94 Est. Cost/Share $0.94 Unrealized @ Report Date —

— BANK AMER CORP 1.4%

Value $9.294M Shares 8,225 Share Price $1129.97 Est. Cost/Share $1080.64 Unrealized @ Report Date —

— PRICELINE GRP INC 1.3%

Value $8.798M Shares 7,935,000 Share Price $1.11 Est. Cost/Share $1.18 Unrealized @ Report Date —

— DEVELOPERS DIVERSIFIED RLTY 1.3%

Value $8.611M Shares 7,955,000 Share Price $1.08 Est. Cost/Share $1.16 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 1.0%

Value $6.321M Shares 6,313,000 Share Price $1.00 Est. Cost/Share $0.99 Unrealized @ Report Date —

— TOLL BROS FIN CORP 1.0%

Value $6.314M Shares 6,086,000 Share Price $1.04 Est. Cost/Share $1.05 Unrealized @ Report Date —

— FIFTH STR FIN CORP 0.9%

Value $6.049M Shares 5,930,000 Share Price $1.02 Est. Cost/Share $1.05 Unrealized @ Report Date —

— YAHOO INC 0.9%

Value $5.859M Shares 5,713,000 Share Price $1.03 Est. Cost/Share $1.13 Unrealized @ Report Date —

— AIRTRAN HLDGS INC 0.8%

Value $5.337M Shares 2,209,000 Share Price $2.42 Est. Cost/Share $1.94 Unrealized @ Report Date —

— HEALTH CARE REIT INC 0.6%

Value $3.66M Shares 2,843,000 Share Price $1.29 Est. Cost/Share $1.41 Unrealized @ Report Date —

— CSX CORP 0.4%

Value $2.868M Shares 825,000 Share Price $3.48 Est. Cost/Share $3.08 Unrealized @ Report Date —

— SANDISK CORP 0.4%

Value $2.548M Shares 2,629,000 Share Price $0.97 Est. Cost/Share $1.20 Unrealized @ Report Date —

— LAM RESEARCH CORP 0.3%

Value $2.099M Shares 1,480,000 Share Price $1.42 Est. Cost/Share $1.27 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	WELLPOINT INC	27,316,000	$59.94M	9.1%	$2.19	$2.07	—	NOTE 2.750%10/1	94973VBG1
—	INTEL CORP	46,425,000	$55.85M	8.5%	$1.20	$1.18	—	SDCV 12/1	458140AD2
—	GILEAD SCIENCES INC	9,116,000	$47M	7.1%	$5.16	$3.12	—	NOTE 1.625% 5/0	375558AP8
—	ILLUMINA INC	33,650,000	$39.39M	6.0%	$1.17	$1.17	—	NOTE 6/1	452327AF6
—	LAM RESEARCH CORP	25,305,000	$33.56M	5.1%	$1.33	$1.16	—	NOTE 0.500% 5/1	512807AJ7
—	NEWMONT MINING CORP	30,912,000	$31.24M	4.7%	$1.01	$1.05	—	NOTE 1.625% 7/1	651639AJ5
—	ARES CAP CORP	28,563,000	$29.42M	4.5%	$1.03	$1.23	—	NOTE 5.125% 6/0	04010LAD5
—	XILINX INC	17,674,000	$27.32M	4.2%	$1.55	$1.87	—	NOTE 2.625% 6/1	983919AF8
—	OLD REP INTL CORP	22,630,000	$26.72M	4.1%	$1.18	$1.23	—	NOTE 3.750% 3/1	680223AH7
—	JEFFERIES GROUP INC NEW	24,777,000	$25.29M	3.8%	$1.02	$1.06	—	DBCV 3.875%11/0	472319AG7
—	CITRIX SYS INC	22,644,000	$23.92M	3.6%	$1.06	$1.06	—	NOTE 0.500% 4/1	177376AD2
—	MACQUARIE INFRASTRUCTURE COR	18,405,000	$21.68M	3.3%	$1.18	$1.13	—	NOTE 2.875% 7/1	55608BAA3
—	WELLS FARGO & CO NEW	17,856	$20.98M	3.2%	$1175.01	$1188.66	—	PERP PFD CNV A	949746804
—	ARES CAP CORP	20,071,000	$20.52M	3.1%	$1.02	$1.18	—	NOTE 4.750% 1/1	04010LAJ2
—	PROSPECT CAPITAL CORPORATION	19,327,000	$19.3M	2.9%	$1.00	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	ALZA CORP	11,950,000	$15.98M	2.4%	$1.34	$1.35	—	SDCV 7/2	02261WAB5
—	RPM INTL INC	13,320,000	$15.5M	2.4%	$1.16	$1.53	—	NOTE 2.250%12/1	749685AT0
—	DANAHER CORP DEL	6,209,000	$15.42M	2.3%	$2.48	$2.26	—	NOTE 1/2	235851AF9
—	FIDELITY NATIONAL FINANCIAL	7,521,000	$15.39M	2.3%	$2.05	$1.58	—	NOTE 4.250% 8/1	31620RAE5
—	TEVA PHARMACEUTICAL FIN LLC	10,431,000	$14.58M	2.2%	$1.40	$1.27	—	DBCV 0.250% 2/0	88163VAE9
—	NOVELLUS SYS INC	4,767,000	$11.34M	1.7%	$2.38	$1.71	—	NOTE 2.625% 5/1	670008AD3
—	CHESAPEAKE ENERGY CORP	10,885,000	$10.49M	1.6%	$0.96	$1.00	—	NOTE 2.500% 5/1	165167CA3
—	PROSPECT CAPITAL CORPORATION	9,935,000	$9.314M	1.4%	$0.94	$0.94	—	NOTE 4.750% 4/1	74348TAQ5
—	BANK AMER CORP	8,225	$9.294M	1.4%	$1129.97	$1080.64	—	7.25%CNV PFD L	060505682
—	PRICELINE GRP INC	7,935,000	$8.798M	1.3%	$1.11	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	DEVELOPERS DIVERSIFIED RLTY	7,955,000	$8.611M	1.3%	$1.08	$1.16	—	NOTE 1.750%11/1	251591AX1
—	PROSPECT CAPITAL CORPORATION	6,313,000	$6.321M	1.0%	$1.00	$0.99	—	NOTE 5.750% 3/1	74348TAL6
—	TOLL BROS FIN CORP	6,086,000	$6.314M	1.0%	$1.04	$1.05	—	NOTE 0.500% 9/1	88947EAM2
—	FIFTH STR FIN CORP	5,930,000	$6.049M	0.9%	$1.02	$1.05	—	NOTE 5.375% 4/0	31679BAC4
—	YAHOO INC	5,713,000	$5.859M	0.9%	$1.03	$1.13	—	NOTE 12/0	984332AF3
—	AIRTRAN HLDGS INC	2,209,000	$5.337M	0.8%	$2.42	$1.94	—	NOTE 5.250%11/0	00949PAD0
—	HEALTH CARE REIT INC	2,843,000	$3.66M	0.6%	$1.29	$1.41	—	NOTE 3.000%12/0	42217KAR7
—	CSX CORP	825,000	$2.868M	0.4%	$3.48	$3.08	—	DBCV 10/3	126408GA5
—	SANDISK CORP	2,629,000	$2.548M	0.4%	$0.97	$1.20	—	NOTE 0.500%10/1	80004CAF8
—	LAM RESEARCH CORP	1,480,000	$2.099M	0.3%	$1.42	$1.27	—	NOTE 1.250% 5/1	512807AL2