INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q1 2016 (← Previous) (Next →)

Filing Date: May 13, 2016

Total Value: $582M (5.1% shares, 94.9% debt)

Holdings (33)

— INTEL CORP 9.3%

Value $54.33M Shares 42,756,000 Share Price $1.27 Est. Cost/Share $1.18 Unrealized @ Report Date —

— PRICELINE GRP INC 7.4%

Value $42.79M Shares 42,524,000 Share Price $1.01 Est. Cost/Share $1.01 Unrealized @ Report Date —

— ILLUMINA INC 6.0%

Value $34.76M Shares 33,484,000 Share Price $1.04 Est. Cost/Share $1.17 Unrealized @ Report Date —

— WELLPOINT INC 5.8%

Value $33.63M Shares 17,566,000 Share Price $1.91 Est. Cost/Share $2.07 Unrealized @ Report Date —

— RED HAT INC 5.2%

Value $30.41M Shares 24,509,000 Share Price $1.24 Est. Cost/Share $1.30 Unrealized @ Report Date —

— NEWMONT MINING CORP 5.0%

Value $29.13M Shares 28,080,000 Share Price $1.04 Est. Cost/Share $1.05 Unrealized @ Report Date —

— OLD REP INTL CORP 4.7%

Value $27.52M Shares 22,219,000 Share Price $1.24 Est. Cost/Share $1.23 Unrealized @ Report Date —

— GILEAD SCIENCES INC 4.4%

Value $25.73M Shares 6,256,000 Share Price $4.11 Est. Cost/Share $3.12 Unrealized @ Report Date —

— XILINX INC 4.3%

Value $25.05M Shares 15,239,000 Share Price $1.64 Est. Cost/Share $1.87 Unrealized @ Report Date —

— ARES CAP CORP 4.3%

Value $24.88M Shares 24,813,000 Share Price $1.00 Est. Cost/Share $1.23 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 4.3%

Value $24.77M Shares 25,238,000 Share Price $0.98 Est. Cost/Share $1.06 Unrealized @ Report Date —

— WELLS FARGO & CO NEW 3.6%

Value $21.07M Shares 17,484 Share Price $1204.99 Est. Cost/Share $1186.84 Unrealized @ Report Date —

— ARES CAP CORP 3.3%

Value $19.44M Shares 19,223,000 Share Price $1.01 Est. Cost/Share $1.18 Unrealized @ Report Date —

— ALZA CORP 3.2%

Value $18.78M Shares 12,649,000 Share Price $1.49 Est. Cost/Share $1.42 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 3.2%

Value $18.35M Shares 16,613,000 Share Price $1.10 Est. Cost/Share $1.13 Unrealized @ Report Date —

— CITRIX SYS INC 3.1%

Value $18.12M Shares 16,222,000 Share Price $1.12 Est. Cost/Share $1.06 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 3.0%

Value $17.24M Shares 19,582,000 Share Price $0.88 Est. Cost/Share $0.90 Unrealized @ Report Date —

— RPM INTL INC 2.9%

Value $17.11M Shares 14,996,000 Share Price $1.14 Est. Cost/Share $1.48 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.8%

Value $16.51M Shares 17,644,000 Share Price $0.94 Est. Cost/Share $1.05 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 2.2%

Value $12.67M Shares 6,780,000 Share Price $1.87 Est. Cost/Share $1.58 Unrealized @ Report Date —

— PRICELINE GRP INC 1.6%

Value $9.522M Shares 7,935,000 Share Price $1.20 Est. Cost/Share $1.18 Unrealized @ Report Date —

— BANK AMER CORP 1.4%

Value $8.316M Shares 7,351 Share Price $1131.27 Est. Cost/Share $1080.28 Unrealized @ Report Date —

— DANAHER CORP DEL 1.2%

Value $7.072M Shares 2,568,000 Share Price $2.75 Est. Cost/Share $2.26 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 1.1%

Value $6.135M Shares 6,313,000 Share Price $0.97 Est. Cost/Share $0.99 Unrealized @ Report Date —

— AIRTRAN HLDGS INC 1.0%

Value $5.909M Shares 1,944,000 Share Price $3.04 Est. Cost/Share $1.94 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 1.0%

Value $5.692M Shares 4,374,000 Share Price $1.30 Est. Cost/Share $1.27 Unrealized @ Report Date —

— FIFTH STR FIN CORP 0.9%

Value $5.1M Shares 5,100,000 Share Price $1.00 Est. Cost/Share $1.05 Unrealized @ Report Date —

— TOLL BROS FIN CORP 0.8%

Value $4.758M Shares 4,905,000 Share Price $0.97 Est. Cost/Share $1.05 Unrealized @ Report Date —

— YAHOO INC 0.8%

Value $4.684M Shares 4,740,000 Share Price $0.99 Est. Cost/Share $1.13 Unrealized @ Report Date —

— BROCADE COMMUNICATIONS SYS I 0.8%

Value $4.412M Shares 4,454,000 Share Price $0.99 Est. Cost/Share $0.99 Unrealized @ Report Date —

— CHESAPEAKE ENERGY CORP 0.6%

Value $3.76M Shares 5,944,000 Share Price $0.63 Est. Cost/Share $0.95 Unrealized @ Report Date —

— SANDISK CORP 0.4%

Value $2.233M Shares 2,151,000 Share Price $1.04 Est. Cost/Share $1.20 Unrealized @ Report Date —

— CSX CORP 0.3%

Value $1.988M Shares 725,000 Share Price $2.74 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	$54.33M	9.3%	$1.27	$1.18	—	SDCV 12/1	458140AD2
—	PRICELINE GRP INC	42,524,000	$42.79M	7.4%	$1.01	$1.01	—	NOTE 0.900% 9/1	741503AX4
—	ILLUMINA INC	33,484,000	$34.76M	6.0%	$1.04	$1.17	—	NOTE 6/1	452327AF6
—	WELLPOINT INC	17,566,000	$33.63M	5.8%	$1.91	$2.07	—	NOTE 2.750%10/1	94973VBG1
—	RED HAT INC	24,509,000	$30.41M	5.2%	$1.24	$1.30	—	NOTE 0.250%10/0	756577AD4
—	NEWMONT MINING CORP	28,080,000	$29.13M	5.0%	$1.04	$1.05	—	NOTE 1.625% 7/1	651639AJ5
—	OLD REP INTL CORP	22,219,000	$27.52M	4.7%	$1.24	$1.23	—	NOTE 3.750% 3/1	680223AH7
—	GILEAD SCIENCES INC	6,256,000	$25.73M	4.4%	$4.11	$3.12	—	NOTE 1.625% 5/0	375558AP8
—	XILINX INC	15,239,000	$25.05M	4.3%	$1.64	$1.87	—	NOTE 2.625% 6/1	983919AF8
—	ARES CAP CORP	24,813,000	$24.88M	4.3%	$1.00	$1.23	—	NOTE 5.125% 6/0	04010LAD5
—	JEFFERIES GROUP INC NEW	25,238,000	$24.77M	4.3%	$0.98	$1.06	—	DBCV 3.875%11/0	472319AG7
—	WELLS FARGO & CO NEW	17,484	$21.07M	3.6%	$1204.99	$1186.84	—	PERP PFD CNV A	949746804
—	ARES CAP CORP	19,223,000	$19.44M	3.3%	$1.01	$1.18	—	NOTE 4.750% 1/1	04010LAJ2
—	ALZA CORP	12,649,000	$18.78M	3.2%	$1.49	$1.42	—	SDCV 7/2	02261WAB5
—	MACQUARIE INFRASTRUCTURE COR	16,613,000	$18.35M	3.2%	$1.10	$1.13	—	NOTE 2.875% 7/1	55608BAA3
—	CITRIX SYS INC	16,222,000	$18.12M	3.1%	$1.12	$1.06	—	NOTE 0.500% 4/1	177376AD2
—	PROSPECT CAPITAL CORPORATION	19,582,000	$17.24M	3.0%	$0.88	$0.90	—	NOTE 4.750% 4/1	74348TAQ5
—	RPM INTL INC	14,996,000	$17.11M	2.9%	$1.14	$1.48	—	NOTE 2.250%12/1	749685AT0
—	PROSPECT CAPITAL CORPORATION	17,644,000	$16.51M	2.8%	$0.94	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	FIDELITY NATIONAL FINANCIAL	6,780,000	$12.67M	2.2%	$1.87	$1.58	—	NOTE 4.250% 8/1	31620RAE5
—	PRICELINE GRP INC	7,935,000	$9.522M	1.6%	$1.20	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	BANK AMER CORP	7,351	$8.316M	1.4%	$1131.27	$1080.28	—	7.25%CNV PFD L	060505682
—	DANAHER CORP DEL	2,568,000	$7.072M	1.2%	$2.75	$2.26	—	NOTE 1/2	235851AF9
—	PROSPECT CAPITAL CORPORATION	6,313,000	$6.135M	1.1%	$0.97	$0.99	—	NOTE 5.750% 3/1	74348TAL6
—	AIRTRAN HLDGS INC	1,944,000	$5.909M	1.0%	$3.04	$1.94	—	NOTE 5.250%11/0	00949PAD0
—	TEVA PHARMACEUTICAL FIN LLC	4,374,000	$5.692M	1.0%	$1.30	$1.27	—	DBCV 0.250% 2/0	88163VAE9
—	FIFTH STR FIN CORP	5,100,000	$5.1M	0.9%	$1.00	$1.05	—	NOTE 5.375% 4/0	31679BAC4
—	TOLL BROS FIN CORP	4,905,000	$4.758M	0.8%	$0.97	$1.05	—	NOTE 0.500% 9/1	88947EAM2
—	YAHOO INC	4,740,000	$4.684M	0.8%	$0.99	$1.13	—	NOTE 12/0	984332AF3
—	BROCADE COMMUNICATIONS SYS I	4,454,000	$4.412M	0.8%	$0.99	$0.99	—	NOTE 1.375% 1/0	111621AQ1
—	CHESAPEAKE ENERGY CORP	5,944,000	$3.76M	0.6%	$0.63	$0.95	—	NOTE 2.500% 5/1	165167CA3
—	SANDISK CORP	2,151,000	$2.233M	0.4%	$1.04	$1.20	—	NOTE 0.500%10/1	80004CAF8
—	CSX CORP	725,000	$1.988M	0.3%	$2.74	$3.08	—	DBCV 10/3	126408GA5