INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q2 2016 (← Previous) (Next →)

Filing Date: Aug 9, 2016

Total Value: $562M (5.4% shares, 94.6% debt)

Holdings (33)

— INTEL CORP 7.8%

Value $43.86M Shares 33,916,000 Share Price $1.29 Est. Cost/Share $1.18 Unrealized @ Report Date —

— PRICELINE GRP INC 7.4%

Value $41.32M Shares 40,814,000 Share Price $1.01 Est. Cost/Share $1.01 Unrealized @ Report Date —

— WELLPOINT INC 5.8%

Value $32.44M Shares 17,816,000 Share Price $1.82 Est. Cost/Share $2.06 Unrealized @ Report Date —

— RED HAT INC 5.5%

Value $31.05M Shares 25,608,000 Share Price $1.21 Est. Cost/Share $1.30 Unrealized @ Report Date —

— ILLUMINA INC 5.5%

Value $30.97M Shares 31,801,000 Share Price $0.97 Est. Cost/Share $1.17 Unrealized @ Report Date —

— NEWMONT MINING CORP 5.3%

Value $29.94M Shares 26,759,000 Share Price $1.12 Est. Cost/Share $1.05 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 5.0%

Value $28.21M Shares 27,864,000 Share Price $1.01 Est. Cost/Share $1.05 Unrealized @ Report Date —

— OLD REP INTL CORP 4.8%

Value $27.06M Shares 21,182,000 Share Price $1.28 Est. Cost/Share $1.23 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 4.2%

Value $23.8M Shares 20,839,000 Share Price $1.14 Est. Cost/Share $1.13 Unrealized @ Report Date —

— XILINX INC 4.1%

Value $23.12M Shares 14,366,000 Share Price $1.61 Est. Cost/Share $1.87 Unrealized @ Report Date —

— ARES CAP CORP 4.1%

Value $23.03M Shares 22,269,000 Share Price $1.03 Est. Cost/Share $1.16 Unrealized @ Report Date —

— WELLS FARGO & CO NEW 3.9%

Value $21.66M Shares 16,667 Share Price $1299.39 Est. Cost/Share $1186.84 Unrealized @ Report Date —

— ALZA CORP 3.5%

Value $19.91M Shares 11,987,000 Share Price $1.66 Est. Cost/Share $1.42 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 3.5%

Value $19.42M Shares 18,000,000 Share Price $1.08 Est. Cost/Share $1.08 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 3.2%

Value $17.72M Shares 18,738,000 Share Price $0.95 Est. Cost/Share $0.90 Unrealized @ Report Date —

— CITRIX SYS INC 3.1%

Value $17.2M Shares 15,463,000 Share Price $1.11 Est. Cost/Share $1.06 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 3.0%

Value $16.77M Shares 8,212,000 Share Price $2.04 Est. Cost/Share $1.66 Unrealized @ Report Date —

— RPM INTL INC 2.9%

Value $16.57M Shares 14,280,000 Share Price $1.16 Est. Cost/Share $1.48 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.9%

Value $16.5M Shares 16,719,000 Share Price $0.99 Est. Cost/Share $1.05 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 2.2%

Value $12.36M Shares 9,863,000 Share Price $1.25 Est. Cost/Share $1.26 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 2.0%

Value $11.18M Shares 10,000,000 Share Price $1.12 Est. Cost/Share $1.12 Unrealized @ Report Date —

— BANK AMER CORP 1.6%

Value $8.748M Shares 7,351 Share Price $1190.04 Est. Cost/Share $1080.28 Unrealized @ Report Date —

— DANAHER CORP DEL 1.2%

Value $6.666M Shares 2,273,000 Share Price $2.93 Est. Cost/Share $2.26 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 1.1%

Value $6.439M Shares 6,313,000 Share Price $1.02 Est. Cost/Share $0.99 Unrealized @ Report Date —

— ARES CAP CORP 1.1%

Value $6.336M Shares 6,100,000 Share Price $1.04 Est. Cost/Share $1.04 Unrealized @ Report Date —

— AIRTRAN HLDGS INC 0.9%

Value $5.045M Shares 1,838,000 Share Price $2.74 Est. Cost/Share $1.94 Unrealized @ Report Date —

— TOLL BROS FIN CORP 0.9%

Value $4.801M Shares 4,905,000 Share Price $0.98 Est. Cost/Share $1.05 Unrealized @ Report Date —

— YAHOO INC 0.8%

Value $4.704M Shares 4,740,000 Share Price $0.99 Est. Cost/Share $1.13 Unrealized @ Report Date —

— BROCADE COMMUNICATIONS SYS I 0.8%

Value $4.37M Shares 4,454,000 Share Price $0.98 Est. Cost/Share $0.99 Unrealized @ Report Date —

— PRICELINE GRP INC 0.7%

Value $4.157M Shares 3,545,000 Share Price $1.17 Est. Cost/Share $1.18 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 0.6%

Value $3.327M Shares 3,722,000 Share Price $0.89 Est. Cost/Share $0.89 Unrealized @ Report Date —

— CSX CORP 0.3%

Value $1.888M Shares 680,000 Share Price $2.78 Est. Cost/Share $3.08 Unrealized @ Report Date —

— CHESAPEAKE ENERGY CORP 0.3%

Value $1.609M Shares 1,744,000 Share Price $0.92 Est. Cost/Share $0.95 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	INTEL CORP	33,916,000	$43.86M	7.8%	$1.29	$1.18	—	SDCV 12/1	458140AD2
—	PRICELINE GRP INC	40,814,000	$41.32M	7.4%	$1.01	$1.01	—	NOTE 0.900% 9/1	741503AX4
—	WELLPOINT INC	17,816,000	$32.44M	5.8%	$1.82	$2.06	—	NOTE 2.750%10/1	94973VBG1
—	RED HAT INC	25,608,000	$31.05M	5.5%	$1.21	$1.30	—	NOTE 0.250%10/0	756577AD4
—	ILLUMINA INC	31,801,000	$30.97M	5.5%	$0.97	$1.17	—	NOTE 6/1	452327AF6
—	NEWMONT MINING CORP	26,759,000	$29.94M	5.3%	$1.12	$1.05	—	NOTE 1.625% 7/1	651639AJ5
—	JEFFERIES GROUP INC NEW	27,864,000	$28.21M	5.0%	$1.01	$1.05	—	DBCV 3.875%11/0	472319AG7
—	OLD REP INTL CORP	21,182,000	$27.06M	4.8%	$1.28	$1.23	—	NOTE 3.750% 3/1	680223AH7
—	MACQUARIE INFRASTRUCTURE COR	20,839,000	$23.8M	4.2%	$1.14	$1.13	—	NOTE 2.875% 7/1	55608BAA3
—	XILINX INC	14,366,000	$23.12M	4.1%	$1.61	$1.87	—	NOTE 2.625% 6/1	983919AF8
—	ARES CAP CORP	22,269,000	$23.03M	4.1%	$1.03	$1.16	—	NOTE 4.750% 1/1	04010LAJ2
—	WELLS FARGO & CO NEW	16,667	$21.66M	3.9%	$1299.39	$1186.84	—	PERP PFD CNV A	949746804
—	ALZA CORP	11,987,000	$19.91M	3.5%	$1.66	$1.42	—	SDCV 7/2	02261WAB5
—	SPIRIT RLTY CAP INC NEW	18,000,000	$19.42M	3.5%	$1.08	$1.08	—	NOTE 2.875% 5/1	84860WAA0
—	PROSPECT CAPITAL CORPORATION	18,738,000	$17.72M	3.2%	$0.95	$0.90	—	NOTE 4.750% 4/1	74348TAQ5
—	CITRIX SYS INC	15,463,000	$17.2M	3.1%	$1.11	$1.06	—	NOTE 0.500% 4/1	177376AD2
—	FIDELITY NATIONAL FINANCIAL	8,212,000	$16.77M	3.0%	$2.04	$1.66	—	NOTE 4.250% 8/1	31620RAE5
—	RPM INTL INC	14,280,000	$16.57M	2.9%	$1.16	$1.48	—	NOTE 2.250%12/1	749685AT0
—	PROSPECT CAPITAL CORPORATION	16,719,000	$16.5M	2.9%	$0.99	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	TEVA PHARMACEUTICAL FIN LLC	9,863,000	$12.36M	2.2%	$1.25	$1.26	—	DBCV 0.250% 2/0	88163VAE9
—	SPIRIT RLTY CAP INC NEW	10,000,000	$11.18M	2.0%	$1.12	$1.12	—	NOTE 3.750% 5/1	84860WAB8
—	BANK AMER CORP	7,351	$8.748M	1.6%	$1190.04	$1080.28	—	7.25%CNV PFD L	060505682
—	DANAHER CORP DEL	2,273,000	$6.666M	1.2%	$2.93	$2.26	—	NOTE 1/2	235851AF9
—	PROSPECT CAPITAL CORPORATION	6,313,000	$6.439M	1.1%	$1.02	$0.99	—	NOTE 5.750% 3/1	74348TAL6
—	ARES CAP CORP	6,100,000	$6.336M	1.1%	$1.04	$1.04	—	NOTE 4.375% 1/1	04010LAM5
—	AIRTRAN HLDGS INC	1,838,000	$5.045M	0.9%	$2.74	$1.94	—	NOTE 5.250%11/0	00949PAD0
—	TOLL BROS FIN CORP	4,905,000	$4.801M	0.9%	$0.98	$1.05	—	NOTE 0.500% 9/1	88947EAM2
—	YAHOO INC	4,740,000	$4.704M	0.8%	$0.99	$1.13	—	NOTE 12/0	984332AF3
—	BROCADE COMMUNICATIONS SYS I	4,454,000	$4.37M	0.8%	$0.98	$0.99	—	NOTE 1.375% 1/0	111621AQ1
—	PRICELINE GRP INC	3,545,000	$4.157M	0.7%	$1.17	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	ON SEMICONDUCTOR CORP	3,722,000	$3.327M	0.6%	$0.89	$0.89	—	NOTE 1.000%12/0	682189AK1
—	CSX CORP	680,000	$1.888M	0.3%	$2.78	$3.08	—	DBCV 10/3	126408GA5
—	CHESAPEAKE ENERGY CORP	1,744,000	$1.609M	0.3%	$0.92	$0.95	—	NOTE 2.500% 5/1	165167CA3