INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q4 2016 (← Previous) (Next →)

Filing Date: Feb 13, 2017

Total Value: $448M (3.1% shares, 96.9% debt)

Holdings (33)

— INTEL CORP 7.3%

Value $32.84M Shares 24,316,000 Share Price $1.35 Est. Cost/Share $1.18 Unrealized @ Report Date —

— PRICELINE GRP INC 6.8%

Value $30.28M Shares 28,670,000 Share Price $1.06 Est. Cost/Share $1.01 Unrealized @ Report Date —

— ANTHEM INC 5.7%

Value $25.31M Shares 12,720,000 Share Price $1.99 Est. Cost/Share $2.06 Unrealized @ Report Date —

— XILINX INC 5.2%

Value $23.11M Shares 10,997,000 Share Price $2.10 Est. Cost/Share $1.87 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 5.1%

Value $22.84M Shares 22,614,000 Share Price $1.01 Est. Cost/Share $1.05 Unrealized @ Report Date —

— ARES CAP CORP 5.0%

Value $22.35M Shares 21,828,000 Share Price $1.02 Est. Cost/Share $1.14 Unrealized @ Report Date —

— ILLUMINA INC 4.9%

Value $22.09M Shares 23,146,000 Share Price $0.95 Est. Cost/Share $1.17 Unrealized @ Report Date —

— RED HAT INC 4.9%

Value $21.96M Shares 18,823,000 Share Price $1.17 Est. Cost/Share $1.30 Unrealized @ Report Date —

— NEWMONT MINING CORP 4.5%

Value $20.13M Shares 19,749,000 Share Price $1.02 Est. Cost/Share $1.05 Unrealized @ Report Date —

— LAM RESEARCH CORP 4.5%

Value $19.95M Shares 11,372,000 Share Price $1.75 Est. Cost/Share $1.59 Unrealized @ Report Date —

— OLD REP INTL CORP 4.3%

Value $19.39M Shares 15,497,000 Share Price $1.25 Est. Cost/Share $1.23 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 4.3%

Value $19.29M Shares 16,614,000 Share Price $1.16 Est. Cost/Share $1.13 Unrealized @ Report Date —

— ALZA CORP 3.3%

Value $14.67M Shares 9,295,000 Share Price $1.58 Est. Cost/Share $1.42 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 3.0%

Value $13.23M Shares 12,928,000 Share Price $1.02 Est. Cost/Share $1.05 Unrealized @ Report Date —

— CITRIX SYS INC 2.9%

Value $13.16M Shares 11,371,000 Share Price $1.16 Est. Cost/Share $1.06 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 2.9%

Value $13.15M Shares 12,640,000 Share Price $1.04 Est. Cost/Share $1.08 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.8%

Value $12.55M Shares 12,864,000 Share Price $0.98 Est. Cost/Share $0.90 Unrealized @ Report Date —

— RPM INTL INC 2.8%

Value $12.41M Shares 10,367,000 Share Price $1.20 Est. Cost/Share $1.48 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 2.6%

Value $11.5M Shares 5,920,000 Share Price $1.94 Est. Cost/Share $1.66 Unrealized @ Report Date —

— TORONTO DOMINION BK ONT 2.3%

Value $10.45M Shares 10,700,000 Share Price $0.98 Est. Cost/Share $1.00 Unrealized @ Report Date —

— WELLS FARGO & CO NEW 2.1%

Value $9.594M Shares 8,062 Share Price $1190.03 Est. Cost/Share $1186.84 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 2.1%

Value $9.481M Shares 8,658,000 Share Price $1.10 Est. Cost/Share $1.25 Unrealized @ Report Date —

— NOVELLUS SYS INC 2.1%

Value $9.374M Shares 3,011,000 Share Price $3.11 Est. Cost/Share $2.79 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 1.6%

Value $7.384M Shares 7,028,000 Share Price $1.05 Est. Cost/Share $1.12 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 1.4%

Value $6.463M Shares 6,313,000 Share Price $1.02 Est. Cost/Share $0.99 Unrealized @ Report Date —

— ARES CAP CORP 1.2%

Value $5.464M Shares 5,286,000 Share Price $1.03 Est. Cost/Share $1.04 Unrealized @ Report Date —

— BANK AMER CORP 0.9%

Value $4.098M Shares 3,548 Share Price $1155.02 Est. Cost/Share $1080.28 Unrealized @ Report Date —

— PRICELINE GRP INC 0.8%

Value $3.527M Shares 2,770,000 Share Price $1.27 Est. Cost/Share $1.18 Unrealized @ Report Date —

— DANAHER CORP DEL 0.8%

Value $3.512M Shares 1,181,000 Share Price $2.97 Est. Cost/Share $2.26 Unrealized @ Report Date —

— TOLL BROS FIN CORP 0.5%

Value $2.321M Shares 2,359,000 Share Price $0.98 Est. Cost/Share $1.05 Unrealized @ Report Date —

— BROCADE COMMUNICATIONS SYS I 0.5%

Value $2.101M Shares 2,092,000 Share Price $1.00 Est. Cost/Share $0.99 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 0.4%

Value $1.8M Shares 1,757,000 Share Price $1.02 Est. Cost/Share $0.89 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 0.4%

Value $1.74M Shares 1,728,000 Share Price $1.01 Est. Cost/Share $1.01 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	INTEL CORP	24,316,000	$32.84M	7.3%	$1.35	$1.18	—	SDCV 12/1	458140AD2
—	PRICELINE GRP INC	28,670,000	$30.28M	6.8%	$1.06	$1.01	—	NOTE 0.900% 9/1	741503AX4
—	ANTHEM INC	12,720,000	$25.31M	5.7%	$1.99	$2.06	—	NOTE 2.750%10/1	94973VBG1
—	XILINX INC	10,997,000	$23.11M	5.2%	$2.10	$1.87	—	NOTE 2.625% 6/1	983919AF8
—	JEFFERIES GROUP INC NEW	22,614,000	$22.84M	5.1%	$1.01	$1.05	—	DBCV 3.875%11/0	472319AG7
—	ARES CAP CORP	21,828,000	$22.35M	5.0%	$1.02	$1.14	—	NOTE 4.750% 1/1	04010LAJ2
—	ILLUMINA INC	23,146,000	$22.09M	4.9%	$0.95	$1.17	—	NOTE 6/1	452327AF6
—	RED HAT INC	18,823,000	$21.96M	4.9%	$1.17	$1.30	—	NOTE 0.250%10/0	756577AD4
—	NEWMONT MINING CORP	19,749,000	$20.13M	4.5%	$1.02	$1.05	—	NOTE 1.625% 7/1	651639AJ5
—	LAM RESEARCH CORP	11,372,000	$19.95M	4.5%	$1.75	$1.59	—	NOTE 1.250% 5/1	512807AL2
—	OLD REP INTL CORP	15,497,000	$19.39M	4.3%	$1.25	$1.23	—	NOTE 3.750% 3/1	680223AH7
—	MACQUARIE INFRASTRUCTURE COR	16,614,000	$19.29M	4.3%	$1.16	$1.13	—	NOTE 2.875% 7/1	55608BAA3
—	ALZA CORP	9,295,000	$14.67M	3.3%	$1.58	$1.42	—	SDCV 7/2	02261WAB5
—	PROSPECT CAPITAL CORPORATION	12,928,000	$13.23M	3.0%	$1.02	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	CITRIX SYS INC	11,371,000	$13.16M	2.9%	$1.16	$1.06	—	NOTE 0.500% 4/1	177376AD2
—	SPIRIT RLTY CAP INC NEW	12,640,000	$13.15M	2.9%	$1.04	$1.08	—	NOTE 2.875% 5/1	84860WAA0
—	PROSPECT CAPITAL CORPORATION	12,864,000	$12.55M	2.8%	$0.98	$0.90	—	NOTE 4.750% 4/1	74348TAQ5
—	RPM INTL INC	10,367,000	$12.41M	2.8%	$1.20	$1.48	—	NOTE 2.250%12/1	749685AT0
—	FIDELITY NATIONAL FINANCIAL	5,920,000	$11.5M	2.6%	$1.94	$1.66	—	NOTE 4.250% 8/1	31620RAE5
—	TORONTO DOMINION BK ONT	10,700,000	$10.45M	2.3%	$0.98	$1.00	—	NOTE 3.625% 9/1	891160MJ9
—	WELLS FARGO & CO NEW	8,062	$9.594M	2.1%	$1190.03	$1186.84	—	PERP PFD CNV A	949746804
—	TEVA PHARMACEUTICAL FIN LLC	8,658,000	$9.481M	2.1%	$1.10	$1.25	—	DBCV 0.250% 2/0	88163VAE9
—	NOVELLUS SYS INC	3,011,000	$9.374M	2.1%	$3.11	$2.79	—	NOTE 2.625% 5/1	670008AD3
—	SPIRIT RLTY CAP INC NEW	7,028,000	$7.384M	1.6%	$1.05	$1.12	—	NOTE 3.750% 5/1	84860WAB8
—	PROSPECT CAPITAL CORPORATION	6,313,000	$6.463M	1.4%	$1.02	$0.99	—	NOTE 5.750% 3/1	74348TAL6
—	ARES CAP CORP	5,286,000	$5.464M	1.2%	$1.03	$1.04	—	NOTE 4.375% 1/1	04010LAM5
—	BANK AMER CORP	3,548	$4.098M	0.9%	$1155.02	$1080.28	—	7.25%CNV PFD L	060505682
—	PRICELINE GRP INC	2,770,000	$3.527M	0.8%	$1.27	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	DANAHER CORP DEL	1,181,000	$3.512M	0.8%	$2.97	$2.26	—	NOTE 1/2	235851AF9
—	TOLL BROS FIN CORP	2,359,000	$2.321M	0.5%	$0.98	$1.05	—	NOTE 0.500% 9/1	88947EAM2
—	BROCADE COMMUNICATIONS SYS I	2,092,000	$2.101M	0.5%	$1.00	$0.99	—	NOTE 1.375% 1/0	111621AQ1
—	ON SEMICONDUCTOR CORP	1,757,000	$1.8M	0.4%	$1.02	$0.89	—	NOTE 1.000%12/0	682189AK1
—	MACQUARIE INFRASTRUCTURE COR	1,728,000	$1.74M	0.4%	$1.01	$1.01	—	NOTE 2.000%10/0	55608BAB1