INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q3 2015 (← Previous) (Next →)

Filing Date: Nov 13, 2015

Total Value: $616M (5.2% shares, 94.8% debt)

Holdings (34)

— INTEL CORP 9.1%

Value $56.38M Shares 46,425,000 Share Price $1.21 Est. Cost/Share $1.18 Unrealized @ Report Date —

— WELLPOINT INC 8.4%

Value $51.46M Shares 27,316,000 Share Price $1.88 Est. Cost/Share $2.07 Unrealized @ Report Date —

— ILLUMINA INC 6.0%

Value $36.91M Shares 33,650,000 Share Price $1.10 Est. Cost/Share $1.17 Unrealized @ Report Date —

— GILEAD SCIENCES INC 5.9%

Value $36.21M Shares 8,446,000 Share Price $4.29 Est. Cost/Share $3.12 Unrealized @ Report Date —

— NEWMONT MINING CORP 5.0%

Value $30.76M Shares 30,912,000 Share Price $0.99 Est. Cost/Share $1.05 Unrealized @ Report Date —

— ARES CAP CORP 4.7%

Value $28.83M Shares 28,563,000 Share Price $1.01 Est. Cost/Share $1.23 Unrealized @ Report Date —

— LAM RESEARCH CORP 4.6%

Value $28.61M Shares 25,305,000 Share Price $1.13 Est. Cost/Share $1.16 Unrealized @ Report Date —

— OLD REP INTL CORP 4.6%

Value $28.45M Shares 24,630,000 Share Price $1.16 Est. Cost/Share $1.23 Unrealized @ Report Date —

— XILINX INC 4.3%

Value $26.33M Shares 17,674,000 Share Price $1.49 Est. Cost/Share $1.87 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 4.1%

Value $25.18M Shares 24,777,000 Share Price $1.02 Est. Cost/Share $1.06 Unrealized @ Report Date —

— WELLS FARGO & CO NEW 3.7%

Value $22.81M Shares 19,536 Share Price $1167.49 Est. Cost/Share $1186.84 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 3.4%

Value $20.89M Shares 18,405,000 Share Price $1.14 Est. Cost/Share $1.13 Unrealized @ Report Date —

— ARES CAP CORP 3.3%

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

— CITRIX SYS INC 3.1%

Value $19.02M Shares 18,044,000 Share Price $1.05 Est. Cost/Share $1.06 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 3.0%

Value $18.55M Shares 19,327,000 Share Price $0.96 Est. Cost/Share $1.05 Unrealized @ Report Date —

— ALZA CORP 2.5%

Value $15.36M Shares 11,950,000 Share Price $1.29 Est. Cost/Share $1.35 Unrealized @ Report Date —

— DANAHER CORP DEL 2.5%

Value $15.3M Shares 6,209,000 Share Price $2.46 Est. Cost/Share $2.26 Unrealized @ Report Date —

— RPM INTL INC 2.4%

Value $14.84M Shares 13,320,000 Share Price $1.11 Est. Cost/Share $1.53 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 2.3%

Value $14.15M Shares 10,431,000 Share Price $1.36 Est. Cost/Share $1.27 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 2.3%

Value $13.94M Shares 7,521,000 Share Price $1.85 Est. Cost/Share $1.58 Unrealized @ Report Date —

— CHESAPEAKE ENERGY CORP 1.5%

Value $9.524M Shares 10,885,000 Share Price $0.87 Est. Cost/Share $1.00 Unrealized @ Report Date —

— BANK AMER CORP 1.5%

Value $9.455M Shares 8,795 Share Price $1075.04 Est. Cost/Share $1080.28 Unrealized @ Report Date —

— NOVELLUS SYS INC 1.5%

Value $9.334M Shares 4,767,000 Share Price $1.96 Est. Cost/Share $1.71 Unrealized @ Report Date —

— PRICELINE GRP INC 1.5%

Value $9.319M Shares 7,935,000 Share Price $1.17 Est. Cost/Share $1.18 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 1.5%

Value $8.942M Shares 9,935,000 Share Price $0.90 Est. Cost/Share $0.94 Unrealized @ Report Date —

— DEVELOPERS DIVERSIFIED RLTY 1.4%

Value $8.442M Shares 7,955,000 Share Price $1.06 Est. Cost/Share $1.16 Unrealized @ Report Date —

— TOLL BROS FIN CORP 1.0%

Value $6.253M Shares 6,086,000 Share Price $1.03 Est. Cost/Share $1.05 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 1.0%

Value $6.155M Shares 6,313,000 Share Price $0.97 Est. Cost/Share $0.99 Unrealized @ Report Date —

— FIFTH STR FIN CORP 1.0%

Value $6.004M Shares 5,930,000 Share Price $1.01 Est. Cost/Share $1.05 Unrealized @ Report Date —

— AIRTRAN HLDGS INC 1.0%

Value $5.96M Shares 2,209,000 Share Price $2.70 Est. Cost/Share $1.94 Unrealized @ Report Date —

— YAHOO INC 0.9%

Value $5.527M Shares 5,713,000 Share Price $0.97 Est. Cost/Share $1.13 Unrealized @ Report Date —

— SANDISK CORP 0.4%

Value $2.545M Shares 2,629,000 Share Price $0.97 Est. Cost/Share $1.20 Unrealized @ Report Date —

— CSX CORP 0.4%

Value $2.358M Shares 825,000 Share Price $2.86 Est. Cost/Share $3.08 Unrealized @ Report Date —

— LAM RESEARCH CORP 0.3%

Value $1.856M Shares 1,480,000 Share Price $1.25 Est. Cost/Share $1.27 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	INTEL CORP	46,425,000	$56.38M	9.1%	$1.21	$1.18	—	SDCV 12/1	458140AD2
—	WELLPOINT INC	27,316,000	$51.46M	8.4%	$1.88	$2.07	—	NOTE 2.750%10/1	94973VBG1
—	ILLUMINA INC	33,650,000	$36.91M	6.0%	$1.10	$1.17	—	NOTE 6/1	452327AF6
—	GILEAD SCIENCES INC	8,446,000	$36.21M	5.9%	$4.29	$3.12	—	NOTE 1.625% 5/0	375558AP8
—	NEWMONT MINING CORP	30,912,000	$30.76M	5.0%	$0.99	$1.05	—	NOTE 1.625% 7/1	651639AJ5
—	ARES CAP CORP	28,563,000	$28.83M	4.7%	$1.01	$1.23	—	NOTE 5.125% 6/0	04010LAD5
—	LAM RESEARCH CORP	25,305,000	$28.61M	4.6%	$1.13	$1.16	—	NOTE 0.500% 5/1	512807AJ7
—	OLD REP INTL CORP	24,630,000	$28.45M	4.6%	$1.16	$1.23	—	NOTE 3.750% 3/1	680223AH7
—	XILINX INC	17,674,000	$26.33M	4.3%	$1.49	$1.87	—	NOTE 2.625% 6/1	983919AF8
—	JEFFERIES GROUP INC NEW	24,777,000	$25.18M	4.1%	$1.02	$1.06	—	DBCV 3.875%11/0	472319AG7
—	WELLS FARGO & CO NEW	19,536	$22.81M	3.7%	$1167.49	$1186.84	—	PERP PFD CNV A	949746804
—	MACQUARIE INFRASTRUCTURE COR	18,405,000	$20.89M	3.4%	$1.14	$1.13	—	NOTE 2.875% 7/1	55608BAA3
—	ARES CAP CORP	20,071,000	$20.52M	3.3%	$1.02	$1.18	—	NOTE 4.750% 1/1	04010LAJ2
—	CITRIX SYS INC	18,044,000	$19.02M	3.1%	$1.05	$1.06	—	NOTE 0.500% 4/1	177376AD2
—	PROSPECT CAPITAL CORPORATION	19,327,000	$18.55M	3.0%	$0.96	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	ALZA CORP	11,950,000	$15.36M	2.5%	$1.29	$1.35	—	SDCV 7/2	02261WAB5
—	DANAHER CORP DEL	6,209,000	$15.3M	2.5%	$2.46	$2.26	—	NOTE 1/2	235851AF9
—	RPM INTL INC	13,320,000	$14.84M	2.4%	$1.11	$1.53	—	NOTE 2.250%12/1	749685AT0
—	TEVA PHARMACEUTICAL FIN LLC	10,431,000	$14.15M	2.3%	$1.36	$1.27	—	DBCV 0.250% 2/0	88163VAE9
—	FIDELITY NATIONAL FINANCIAL	7,521,000	$13.94M	2.3%	$1.85	$1.58	—	NOTE 4.250% 8/1	31620RAE5
—	CHESAPEAKE ENERGY CORP	10,885,000	$9.524M	1.5%	$0.87	$1.00	—	NOTE 2.500% 5/1	165167CA3
—	BANK AMER CORP	8,795	$9.455M	1.5%	$1075.04	$1080.28	—	7.25%CNV PFD L	060505682
—	NOVELLUS SYS INC	4,767,000	$9.334M	1.5%	$1.96	$1.71	—	NOTE 2.625% 5/1	670008AD3
—	PRICELINE GRP INC	7,935,000	$9.319M	1.5%	$1.17	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	PROSPECT CAPITAL CORPORATION	9,935,000	$8.942M	1.5%	$0.90	$0.94	—	NOTE 4.750% 4/1	74348TAQ5
—	DEVELOPERS DIVERSIFIED RLTY	7,955,000	$8.442M	1.4%	$1.06	$1.16	—	NOTE 1.750%11/1	251591AX1
—	TOLL BROS FIN CORP	6,086,000	$6.253M	1.0%	$1.03	$1.05	—	NOTE 0.500% 9/1	88947EAM2
—	PROSPECT CAPITAL CORPORATION	6,313,000	$6.155M	1.0%	$0.97	$0.99	—	NOTE 5.750% 3/1	74348TAL6
—	FIFTH STR FIN CORP	5,930,000	$6.004M	1.0%	$1.01	$1.05	—	NOTE 5.375% 4/0	31679BAC4
—	AIRTRAN HLDGS INC	2,209,000	$5.96M	1.0%	$2.70	$1.94	—	NOTE 5.250%11/0	00949PAD0
—	YAHOO INC	5,713,000	$5.527M	0.9%	$0.97	$1.13	—	NOTE 12/0	984332AF3
—	SANDISK CORP	2,629,000	$2.545M	0.4%	$0.97	$1.20	—	NOTE 0.500%10/1	80004CAF8
—	CSX CORP	825,000	$2.358M	0.4%	$2.86	$3.08	—	DBCV 10/3	126408GA5
—	LAM RESEARCH CORP	1,480,000	$1.856M	0.3%	$1.25	$1.27	—	NOTE 1.250% 5/1	512807AL2