INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q4 2015 (← Previous) (Next →)

Filing Date: Feb 12, 2016

Total Value: $616M (4.6% shares, 95.4% debt)

Holdings (35)

— INTEL CORP 8.9%

Value $54.7M Shares 42,756,000 Share Price $1.28 Est. Cost/Share $1.18 Unrealized @ Report Date —

— PRICELINE GRP INC 7.0%

Value $42.9M Shares 42,524,000 Share Price $1.01 Est. Cost/Share $1.01 Unrealized @ Report Date —

— ILLUMINA INC 5.9%

Value $36.46M Shares 33,549,000 Share Price $1.09 Est. Cost/Share $1.17 Unrealized @ Report Date —

— WELLPOINT INC 5.5%

Value $33.96M Shares 17,791,000 Share Price $1.91 Est. Cost/Share $2.07 Unrealized @ Report Date —

— RED HAT INC 5.2%

Value $31.91M Shares 24,509,000 Share Price $1.30 Est. Cost/Share $1.30 Unrealized @ Report Date —

— LAM RESEARCH CORP 4.8%

Value $29.38M Shares 22,577,000 Share Price $1.30 Est. Cost/Share $1.16 Unrealized @ Report Date —

— GILEAD SCIENCES INC 4.7%

Value $28.82M Shares 6,451,000 Share Price $4.47 Est. Cost/Share $3.12 Unrealized @ Report Date —

— OLD REP INTL CORP 4.6%

Value $28.14M Shares 22,219,000 Share Price $1.27 Est. Cost/Share $1.23 Unrealized @ Report Date —

— NEWMONT MINING CORP 4.5%

Value $27.54M Shares 28,080,000 Share Price $0.98 Est. Cost/Share $1.05 Unrealized @ Report Date —

— ARES CAP CORP 4.1%

Value $25.25M Shares 25,283,000 Share Price $1.00 Est. Cost/Share $1.23 Unrealized @ Report Date —

— XILINX INC 4.1%

Value $24.96M Shares 15,379,000 Share Price $1.62 Est. Cost/Share $1.87 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 3.7%

Value $22.72M Shares 22,838,000 Share Price $1.00 Est. Cost/Share $1.06 Unrealized @ Report Date —

— WELLS FARGO & CO NEW 3.3%

Value $20.25M Shares 17,484 Share Price $1158.14 Est. Cost/Share $1186.84 Unrealized @ Report Date —

— ARES CAP CORP 3.2%

Value $19.66M Shares 19,806,000 Share Price $0.99 Est. Cost/Share $1.18 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 3.0%

Value $18.57M Shares 16,613,000 Share Price $1.12 Est. Cost/Share $1.13 Unrealized @ Report Date —

— CITRIX SYS INC 2.9%

Value $17.71M Shares 16,287,000 Share Price $1.09 Est. Cost/Share $1.06 Unrealized @ Report Date —

— RPM INTL INC 2.8%

Value $17.07M Shares 14,996,000 Share Price $1.14 Est. Cost/Share $1.48 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.8%

Value $17.06M Shares 19,697,000 Share Price $0.87 Est. Cost/Share $0.90 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.7%

Value $16.78M Shares 17,644,000 Share Price $0.95 Est. Cost/Share $1.05 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 2.1%

Value $12.94M Shares 6,780,000 Share Price $1.91 Est. Cost/Share $1.58 Unrealized @ Report Date —

— NOVELLUS SYS INC 1.7%

Value $10.37M Shares 4,407,000 Share Price $2.35 Est. Cost/Share $1.71 Unrealized @ Report Date —

— PRICELINE GRP INC 1.5%

Value $9.438M Shares 7,935,000 Share Price $1.19 Est. Cost/Share $1.18 Unrealized @ Report Date —

— ALZA CORP 1.4%

Value $8.807M Shares 6,249,000 Share Price $1.41 Est. Cost/Share $1.35 Unrealized @ Report Date —

— BANK AMER CORP 1.3%

Value $8.013M Shares 7,351 Share Price $1090.06 Est. Cost/Share $1080.28 Unrealized @ Report Date —

— DANAHER CORP DEL 1.1%

Value $6.922M Shares 2,568,000 Share Price $2.70 Est. Cost/Share $2.26 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 1.1%

Value $6.829M Shares 4,374,000 Share Price $1.56 Est. Cost/Share $1.27 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 1.0%

Value $6.147M Shares 6,313,000 Share Price $0.97 Est. Cost/Share $0.99 Unrealized @ Report Date —

— AIRTRAN HLDGS INC 0.9%

Value $5.849M Shares 1,984,000 Share Price $2.95 Est. Cost/Share $1.94 Unrealized @ Report Date —

— CHESAPEAKE ENERGY CORP 0.9%

Value $5.56M Shares 11,830,000 Share Price $0.47 Est. Cost/Share $0.95 Unrealized @ Report Date —

— FIFTH STR FIN CORP 0.8%

Value $5.21M Shares 5,210,000 Share Price $1.00 Est. Cost/Share $1.05 Unrealized @ Report Date —

— TOLL BROS FIN CORP 0.8%

Value $4.896M Shares 4,905,000 Share Price $1.00 Est. Cost/Share $1.05 Unrealized @ Report Date —

— YAHOO INC 0.7%

Value $4.61M Shares 4,740,000 Share Price $0.97 Est. Cost/Share $1.13 Unrealized @ Report Date —

— LAM RESEARCH CORP 0.4%

Value $2.449M Shares 1,710,000 Share Price $1.43 Est. Cost/Share $1.29 Unrealized @ Report Date —

— SANDISK CORP 0.4%

Value $2.226M Shares 2,151,000 Share Price $1.03 Est. Cost/Share $1.20 Unrealized @ Report Date —

— CSX CORP 0.3%

Value $2.003M Shares 725,000 Share Price $2.76 Est. Cost/Share $3.08 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	INTEL CORP	42,756,000	$54.7M	8.9%	$1.28	$1.18	—	SDCV 12/1	458140AD2
—	PRICELINE GRP INC	42,524,000	$42.9M	7.0%	$1.01	$1.01	—	NOTE 0.900% 9/1	741503AX4
—	ILLUMINA INC	33,549,000	$36.46M	5.9%	$1.09	$1.17	—	NOTE 6/1	452327AF6
—	WELLPOINT INC	17,791,000	$33.96M	5.5%	$1.91	$2.07	—	NOTE 2.750%10/1	94973VBG1
—	RED HAT INC	24,509,000	$31.91M	5.2%	$1.30	$1.30	—	NOTE 0.250%10/0	756577AD4
—	LAM RESEARCH CORP	22,577,000	$29.38M	4.8%	$1.30	$1.16	—	NOTE 0.500% 5/1	512807AJ7
—	GILEAD SCIENCES INC	6,451,000	$28.82M	4.7%	$4.47	$3.12	—	NOTE 1.625% 5/0	375558AP8
—	OLD REP INTL CORP	22,219,000	$28.14M	4.6%	$1.27	$1.23	—	NOTE 3.750% 3/1	680223AH7
—	NEWMONT MINING CORP	28,080,000	$27.54M	4.5%	$0.98	$1.05	—	NOTE 1.625% 7/1	651639AJ5
—	ARES CAP CORP	25,283,000	$25.25M	4.1%	$1.00	$1.23	—	NOTE 5.125% 6/0	04010LAD5
—	XILINX INC	15,379,000	$24.96M	4.1%	$1.62	$1.87	—	NOTE 2.625% 6/1	983919AF8
—	JEFFERIES GROUP INC NEW	22,838,000	$22.72M	3.7%	$1.00	$1.06	—	DBCV 3.875%11/0	472319AG7
—	WELLS FARGO & CO NEW	17,484	$20.25M	3.3%	$1158.14	$1186.84	—	PERP PFD CNV A	949746804
—	ARES CAP CORP	19,806,000	$19.66M	3.2%	$0.99	$1.18	—	NOTE 4.750% 1/1	04010LAJ2
—	MACQUARIE INFRASTRUCTURE COR	16,613,000	$18.57M	3.0%	$1.12	$1.13	—	NOTE 2.875% 7/1	55608BAA3
—	CITRIX SYS INC	16,287,000	$17.71M	2.9%	$1.09	$1.06	—	NOTE 0.500% 4/1	177376AD2
—	RPM INTL INC	14,996,000	$17.07M	2.8%	$1.14	$1.48	—	NOTE 2.250%12/1	749685AT0
—	PROSPECT CAPITAL CORPORATION	19,697,000	$17.06M	2.8%	$0.87	$0.90	—	NOTE 4.750% 4/1	74348TAQ5
—	PROSPECT CAPITAL CORPORATION	17,644,000	$16.78M	2.7%	$0.95	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	FIDELITY NATIONAL FINANCIAL	6,780,000	$12.94M	2.1%	$1.91	$1.58	—	NOTE 4.250% 8/1	31620RAE5
—	NOVELLUS SYS INC	4,407,000	$10.37M	1.7%	$2.35	$1.71	—	NOTE 2.625% 5/1	670008AD3
—	PRICELINE GRP INC	7,935,000	$9.438M	1.5%	$1.19	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	ALZA CORP	6,249,000	$8.807M	1.4%	$1.41	$1.35	—	SDCV 7/2	02261WAB5
—	BANK AMER CORP	7,351	$8.013M	1.3%	$1090.06	$1080.28	—	7.25%CNV PFD L	060505682
—	DANAHER CORP DEL	2,568,000	$6.922M	1.1%	$2.70	$2.26	—	NOTE 1/2	235851AF9
—	TEVA PHARMACEUTICAL FIN LLC	4,374,000	$6.829M	1.1%	$1.56	$1.27	—	DBCV 0.250% 2/0	88163VAE9
—	PROSPECT CAPITAL CORPORATION	6,313,000	$6.147M	1.0%	$0.97	$0.99	—	NOTE 5.750% 3/1	74348TAL6
—	AIRTRAN HLDGS INC	1,984,000	$5.849M	0.9%	$2.95	$1.94	—	NOTE 5.250%11/0	00949PAD0
—	CHESAPEAKE ENERGY CORP	11,830,000	$5.56M	0.9%	$0.47	$0.95	—	NOTE 2.500% 5/1	165167CA3
—	FIFTH STR FIN CORP	5,210,000	$5.21M	0.8%	$1.00	$1.05	—	NOTE 5.375% 4/0	31679BAC4
—	TOLL BROS FIN CORP	4,905,000	$4.896M	0.8%	$1.00	$1.05	—	NOTE 0.500% 9/1	88947EAM2
—	YAHOO INC	4,740,000	$4.61M	0.7%	$0.97	$1.13	—	NOTE 12/0	984332AF3
—	LAM RESEARCH CORP	1,710,000	$2.449M	0.4%	$1.43	$1.29	—	NOTE 1.250% 5/1	512807AL2
—	SANDISK CORP	2,151,000	$2.226M	0.4%	$1.03	$1.20	—	NOTE 0.500%10/1	80004CAF8
—	CSX CORP	725,000	$2.003M	0.3%	$2.76	$3.08	—	DBCV 10/3	126408GA5