INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q3 2016 (← Previous) (Next →)

Filing Date: Nov 14, 2016

Total Value: $614M (3.1% shares, 96.9% debt)

Holdings (34)

— INTEL CORP 7.5%

Value $46.14M Shares 33,422,000 Share Price $1.38 Est. Cost/Share $1.18 Unrealized @ Report Date —

— PRICELINE GRP INC 7.0%

Value $43.13M Shares 40,169,000 Share Price $1.07 Est. Cost/Share $1.01 Unrealized @ Report Date —

— ILLUMINA INC 5.3%

Value $32.37M Shares 31,274,000 Share Price $1.04 Est. Cost/Share $1.17 Unrealized @ Report Date —

— RED HAT INC 5.2%

Value $31.89M Shares 25,195,000 Share Price $1.27 Est. Cost/Share $1.30 Unrealized @ Report Date —

— WELLPOINT INC 5.0%

Value $30.72M Shares 17,540,000 Share Price $1.75 Est. Cost/Share $2.06 Unrealized @ Report Date —

— NEWMONT MINING CORP 4.7%

Value $28.65M Shares 26,283,000 Share Price $1.09 Est. Cost/Share $1.05 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 4.5%

Value $27.88M Shares 27,506,000 Share Price $1.01 Est. Cost/Share $1.05 Unrealized @ Report Date —

— ARES CAP CORP 4.5%

Value $27.31M Shares 26,484,000 Share Price $1.03 Est. Cost/Share $1.14 Unrealized @ Report Date —

— XILINX INC 4.3%

Value $26.59M Shares 14,137,000 Share Price $1.88 Est. Cost/Share $1.87 Unrealized @ Report Date —

— OLD REP INTL CORP 4.1%

Value $24.96M Shares 20,789,000 Share Price $1.20 Est. Cost/Share $1.23 Unrealized @ Report Date —

— LAM RESEARCH CORP 4.1%

Value $24.91M Shares 15,647,000 Share Price $1.59 Est. Cost/Share $1.59 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 3.9%

Value $24.08M Shares 20,546,000 Share Price $1.17 Est. Cost/Share $1.13 Unrealized @ Report Date —

— WELLS FARGO & CO NEW 3.5%

Value $21.26M Shares 16,357 Share Price $1299.99 Est. Cost/Share $1186.84 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 3.2%

Value $19.54M Shares 17,691,000 Share Price $1.10 Est. Cost/Share $1.08 Unrealized @ Report Date —

— ALZA CORP 3.1%

Value $19.11M Shares 11,780,000 Share Price $1.62 Est. Cost/Share $1.42 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 3.0%

Value $18.3M Shares 18,520,000 Share Price $0.99 Est. Cost/Share $0.90 Unrealized @ Report Date —

— CITRIX SYS INC 2.8%

Value $17.22M Shares 15,231,000 Share Price $1.13 Est. Cost/Share $1.06 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.7%

Value $16.82M Shares 16,407,000 Share Price $1.02 Est. Cost/Share $1.05 Unrealized @ Report Date —

— RPM INTL INC 2.7%

Value $16.79M Shares 14,011,000 Share Price $1.20 Est. Cost/Share $1.48 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 2.7%

Value $16.61M Shares 8,078,000 Share Price $2.06 Est. Cost/Share $1.66 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 2.3%

Value $14.38M Shares 12,056,000 Share Price $1.19 Est. Cost/Share $1.25 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 1.8%

Value $11.15M Shares 9,828,000 Share Price $1.14 Est. Cost/Share $1.12 Unrealized @ Report Date —

— NOVELLUS SYS INC 1.8%

Value $11.01M Shares 3,951,000 Share Price $2.79 Est. Cost/Share $2.79 Unrealized @ Report Date —

— TORONTO DOMINION BK ONT 1.6%

Value $10.03M Shares 10,000,000 Share Price $1.00 Est. Cost/Share $1.00 Unrealized @ Report Date —

— ARES CAP CORP 1.5%

Value $8.907M Shares 8,564,000 Share Price $1.04 Est. Cost/Share $1.04 Unrealized @ Report Date —

— BANK AMER CORP 1.4%

Value $8.735M Shares 7,131 Share Price $1224.93 Est. Cost/Share $1080.28 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 1.1%

Value $6.502M Shares 6,313,000 Share Price $1.03 Est. Cost/Share $0.99 Unrealized @ Report Date —

— DANAHER CORP DEL 1.1%

Value $6.489M Shares 2,167,000 Share Price $2.99 Est. Cost/Share $2.26 Unrealized @ Report Date —

— AIRTRAN HLDGS INC 0.8%

Value $4.982M Shares 1,820,000 Share Price $2.74 Est. Cost/Share $1.94 Unrealized @ Report Date —

— TOLL BROS FIN CORP 0.8%

Value $4.618M Shares 4,709,000 Share Price $0.98 Est. Cost/Share $1.05 Unrealized @ Report Date —

— PRICELINE GRP INC 0.7%

Value $4.538M Shares 3,545,000 Share Price $1.28 Est. Cost/Share $1.18 Unrealized @ Report Date —

— BROCADE COMMUNICATIONS SYS I 0.7%

Value $4.236M Shares 4,292,000 Share Price $0.99 Est. Cost/Share $0.99 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 0.6%

Value $3.635M Shares 3,586,000 Share Price $1.01 Est. Cost/Share $0.89 Unrealized @ Report Date —

— CHESAPEAKE ENERGY CORP 0.0%

Value $200K Shares 201,000 Share Price $1.00 Est. Cost/Share $0.95 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	INTEL CORP	33,422,000	$46.14M	7.5%	$1.38	$1.18	—	SDCV 12/1	458140AD2
—	PRICELINE GRP INC	40,169,000	$43.13M	7.0%	$1.07	$1.01	—	NOTE 0.900% 9/1	741503AX4
—	ILLUMINA INC	31,274,000	$32.37M	5.3%	$1.04	$1.17	—	NOTE 6/1	452327AF6
—	RED HAT INC	25,195,000	$31.89M	5.2%	$1.27	$1.30	—	NOTE 0.250%10/0	756577AD4
—	WELLPOINT INC	17,540,000	$30.72M	5.0%	$1.75	$2.06	—	NOTE 2.750%10/1	94973VBG1
—	NEWMONT MINING CORP	26,283,000	$28.65M	4.7%	$1.09	$1.05	—	NOTE 1.625% 7/1	651639AJ5
—	JEFFERIES GROUP INC NEW	27,506,000	$27.88M	4.5%	$1.01	$1.05	—	DBCV 3.875%11/0	472319AG7
—	ARES CAP CORP	26,484,000	$27.31M	4.5%	$1.03	$1.14	—	NOTE 4.750% 1/1	04010LAJ2
—	XILINX INC	14,137,000	$26.59M	4.3%	$1.88	$1.87	—	NOTE 2.625% 6/1	983919AF8
—	OLD REP INTL CORP	20,789,000	$24.96M	4.1%	$1.20	$1.23	—	NOTE 3.750% 3/1	680223AH7
—	LAM RESEARCH CORP	15,647,000	$24.91M	4.1%	$1.59	$1.59	—	NOTE 1.250% 5/1	512807AL2
—	MACQUARIE INFRASTRUCTURE COR	20,546,000	$24.08M	3.9%	$1.17	$1.13	—	NOTE 2.875% 7/1	55608BAA3
—	WELLS FARGO & CO NEW	16,357	$21.26M	3.5%	$1299.99	$1186.84	—	PERP PFD CNV A	949746804
—	SPIRIT RLTY CAP INC NEW	17,691,000	$19.54M	3.2%	$1.10	$1.08	—	NOTE 2.875% 5/1	84860WAA0
—	ALZA CORP	11,780,000	$19.11M	3.1%	$1.62	$1.42	—	SDCV 7/2	02261WAB5
—	PROSPECT CAPITAL CORPORATION	18,520,000	$18.3M	3.0%	$0.99	$0.90	—	NOTE 4.750% 4/1	74348TAQ5
—	CITRIX SYS INC	15,231,000	$17.22M	2.8%	$1.13	$1.06	—	NOTE 0.500% 4/1	177376AD2
—	PROSPECT CAPITAL CORPORATION	16,407,000	$16.82M	2.7%	$1.02	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	RPM INTL INC	14,011,000	$16.79M	2.7%	$1.20	$1.48	—	NOTE 2.250%12/1	749685AT0
—	FIDELITY NATIONAL FINANCIAL	8,078,000	$16.61M	2.7%	$2.06	$1.66	—	NOTE 4.250% 8/1	31620RAE5
—	TEVA PHARMACEUTICAL FIN LLC	12,056,000	$14.38M	2.3%	$1.19	$1.25	—	DBCV 0.250% 2/0	88163VAE9
—	SPIRIT RLTY CAP INC NEW	9,828,000	$11.15M	1.8%	$1.14	$1.12	—	NOTE 3.750% 5/1	84860WAB8
—	NOVELLUS SYS INC	3,951,000	$11.01M	1.8%	$2.79	$2.79	—	NOTE 2.625% 5/1	670008AD3
—	TORONTO DOMINION BK ONT	10,000,000	$10.03M	1.6%	$1.00	$1.00	—	NOTE 3.625% 9/1	891160MJ9
—	ARES CAP CORP	8,564,000	$8.907M	1.5%	$1.04	$1.04	—	NOTE 4.375% 1/1	04010LAM5
—	BANK AMER CORP	7,131	$8.735M	1.4%	$1224.93	$1080.28	—	7.25%CNV PFD L	060505682
—	PROSPECT CAPITAL CORPORATION	6,313,000	$6.502M	1.1%	$1.03	$0.99	—	NOTE 5.750% 3/1	74348TAL6
—	DANAHER CORP DEL	2,167,000	$6.489M	1.1%	$2.99	$2.26	—	NOTE 1/2	235851AF9
—	AIRTRAN HLDGS INC	1,820,000	$4.982M	0.8%	$2.74	$1.94	—	NOTE 5.250%11/0	00949PAD0
—	TOLL BROS FIN CORP	4,709,000	$4.618M	0.8%	$0.98	$1.05	—	NOTE 0.500% 9/1	88947EAM2
—	PRICELINE GRP INC	3,545,000	$4.538M	0.7%	$1.28	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	BROCADE COMMUNICATIONS SYS I	4,292,000	$4.236M	0.7%	$0.99	$0.99	—	NOTE 1.375% 1/0	111621AQ1
—	ON SEMICONDUCTOR CORP	3,586,000	$3.635M	0.6%	$1.01	$0.89	—	NOTE 1.000%12/0	682189AK1
—	CHESAPEAKE ENERGY CORP	201,000	$200K	0.0%	$1.00	$0.95	—	NOTE 2.500% 5/1	165167CA3