INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 12, 2017

Total Value: $385M (2.4% shares, 97.6% debt)

Holdings (33)

— INTEL CORP 7.4%

Value $28.47M Shares 20,913,000 Share Price $1.36 Est. Cost/Share $1.18 Unrealized @ Report Date —

— PRICELINE GRP INC 6.5%

Value $25.07M Shares 22,293,000 Share Price $1.12 Est. Cost/Share $1.01 Unrealized @ Report Date —

— ANTHEM INC 6.1%

Value $23.58M Shares 10,326,000 Share Price $2.28 Est. Cost/Share $2.06 Unrealized @ Report Date —

— ARES CAP CORP 5.5%

Value $21.05M Shares 20,648,000 Share Price $1.02 Est. Cost/Share $1.14 Unrealized @ Report Date —

— ILLUMINA INC 5.3%

Value $20.39M Shares 20,264,000 Share Price $1.01 Est. Cost/Share $1.17 Unrealized @ Report Date —

— RED HAT INC 5.3%

Value $20.26M Shares 15,612,000 Share Price $1.30 Est. Cost/Share $1.30 Unrealized @ Report Date —

— LAM RESEARCH CORP 5.2%

Value $20.14M Shares 9,511,000 Share Price $2.12 Est. Cost/Share $1.59 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 5.2%

Value $19.88M Shares 19,687,000 Share Price $1.01 Est. Cost/Share $1.05 Unrealized @ Report Date —

— XILINX INC 4.8%

Value $18.36M Shares 9,131,000 Share Price $2.01 Est. Cost/Share $1.87 Unrealized @ Report Date —

— OLD REP INTL CORP 4.5%

Value $17.21M Shares 12,935,000 Share Price $1.33 Est. Cost/Share $1.23 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 4.4%

Value $17.01M Shares 15,216,000 Share Price $1.12 Est. Cost/Share $1.13 Unrealized @ Report Date —

— NEWMONT MINING CORP 3.7%

Value $14.35M Shares 14,322,000 Share Price $1.00 Est. Cost/Share $1.05 Unrealized @ Report Date —

— ALZA CORP 3.5%

Value $13.4M Shares 7,839,000 Share Price $1.71 Est. Cost/Share $1.42 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 3.1%

Value $11.79M Shares 5,350,000 Share Price $2.20 Est. Cost/Share $1.66 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.9%

Value $11.06M Shares 10,791,000 Share Price $1.03 Est. Cost/Share $1.05 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 2.9%

Value $10.99M Shares 10,844,000 Share Price $1.01 Est. Cost/Share $1.08 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.8%

Value $10.89M Shares 11,033,000 Share Price $0.99 Est. Cost/Share $0.90 Unrealized @ Report Date —

— TORONTO DOMINION BK ONT 2.7%

Value $10.48M Shares 10,700,000 Share Price $0.98 Est. Cost/Share $1.00 Unrealized @ Report Date —

— NOVELLUS SYS INC 2.6%

Value $10.14M Shares 2,673,000 Share Price $3.79 Est. Cost/Share $2.79 Unrealized @ Report Date —

— RPM INTL INC 2.6%

Value $10.1M Shares 8,395,000 Share Price $1.20 Est. Cost/Share $1.48 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 2.1%

Value $8.077M Shares 7,522,000 Share Price $1.07 Est. Cost/Share $1.25 Unrealized @ Report Date —

— WELLS FARGO & CO NEW 1.7%

Value $6.549M Shares 5,287 Share Price $1238.70 Est. Cost/Share $1186.84 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 1.7%

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

— CITRIX SYS INC 1.6%

Value $6.313M Shares 5,040,000 Share Price $1.25 Est. Cost/Share $1.06 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 1.6%

Value $6.184M Shares 6,033,000 Share Price $1.03 Est. Cost/Share $1.12 Unrealized @ Report Date —

— ARES CAP CORP 1.3%

Value $4.811M Shares 4,711,000 Share Price $1.02 Est. Cost/Share $1.04 Unrealized @ Report Date —

— PRICELINE GRP INC 1.0%

Value $3.944M Shares 2,770,000 Share Price $1.42 Est. Cost/Share $1.18 Unrealized @ Report Date —

— BANK AMER CORP 0.7%

Value $2.702M Shares 2,275 Share Price $1187.69 Est. Cost/Share $1080.28 Unrealized @ Report Date —

— DANAHER CORP DEL 0.5%

Value $1.859M Shares 569,000 Share Price $3.27 Est. Cost/Share $2.26 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 0.3%

Value $1.041M Shares 1,062,000 Share Price $0.98 Est. Cost/Share $1.01 Unrealized @ Report Date —

— TOLL BROS FIN CORP 0.3%

Value $980K Shares 986,000 Share Price $0.99 Est. Cost/Share $1.05 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 0.2%

Value $889K Shares 814,000 Share Price $1.09 Est. Cost/Share $0.89 Unrealized @ Report Date —

— BROCADE COMMUNICATIONS SYS I 0.1%

Value $338K Shares 334,000 Share Price $1.01 Est. Cost/Share $0.99 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	INTEL CORP	20,913,000	$28.47M	7.4%	$1.36	$1.18	—	SDCV 12/1	458140AD2
—	PRICELINE GRP INC	22,293,000	$25.07M	6.5%	$1.12	$1.01	—	NOTE 0.900% 9/1	741503AX4
—	ANTHEM INC	10,326,000	$23.58M	6.1%	$2.28	$2.06	—	NOTE 2.750%10/1	94973VBG1
—	ARES CAP CORP	20,648,000	$21.05M	5.5%	$1.02	$1.14	—	NOTE 4.750% 1/1	04010LAJ2
—	ILLUMINA INC	20,264,000	$20.39M	5.3%	$1.01	$1.17	—	NOTE 6/1	452327AF6
—	RED HAT INC	15,612,000	$20.26M	5.3%	$1.30	$1.30	—	NOTE 0.250%10/0	756577AD4
—	LAM RESEARCH CORP	9,511,000	$20.14M	5.2%	$2.12	$1.59	—	NOTE 1.250% 5/1	512807AL2
—	JEFFERIES GROUP INC NEW	19,687,000	$19.88M	5.2%	$1.01	$1.05	—	DBCV 3.875%11/0	472319AG7
—	XILINX INC	9,131,000	$18.36M	4.8%	$2.01	$1.87	—	NOTE 2.625% 6/1	983919AF8
—	OLD REP INTL CORP	12,935,000	$17.21M	4.5%	$1.33	$1.23	—	NOTE 3.750% 3/1	680223AH7
—	MACQUARIE INFRASTRUCTURE COR	15,216,000	$17.01M	4.4%	$1.12	$1.13	—	NOTE 2.875% 7/1	55608BAA3
—	NEWMONT MINING CORP	14,322,000	$14.35M	3.7%	$1.00	$1.05	—	NOTE 1.625% 7/1	651639AJ5
—	ALZA CORP	7,839,000	$13.4M	3.5%	$1.71	$1.42	—	SDCV 7/2	02261WAB5
—	FIDELITY NATIONAL FINANCIAL	5,350,000	$11.79M	3.1%	$2.20	$1.66	—	NOTE 4.250% 8/1	31620RAE5
—	PROSPECT CAPITAL CORPORATION	10,791,000	$11.06M	2.9%	$1.03	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	SPIRIT RLTY CAP INC NEW	10,844,000	$10.99M	2.9%	$1.01	$1.08	—	NOTE 2.875% 5/1	84860WAA0
—	PROSPECT CAPITAL CORPORATION	11,033,000	$10.89M	2.8%	$0.99	$0.90	—	NOTE 4.750% 4/1	74348TAQ5
—	TORONTO DOMINION BK ONT	10,700,000	$10.48M	2.7%	$0.98	$1.00	—	NOTE 3.625% 9/1	891160MJ9
—	NOVELLUS SYS INC	2,673,000	$10.14M	2.6%	$3.79	$2.79	—	NOTE 2.625% 5/1	670008AD3
—	RPM INTL INC	8,395,000	$10.1M	2.6%	$1.20	$1.48	—	NOTE 2.250%12/1	749685AT0
—	TEVA PHARMACEUTICAL FIN LLC	7,522,000	$8.077M	2.1%	$1.07	$1.25	—	DBCV 0.250% 2/0	88163VAE9
—	WELLS FARGO & CO NEW	5,287	$6.549M	1.7%	$1238.70	$1186.84	—	PERP PFD CNV A	949746804
—	PROSPECT CAPITAL CORPORATION	6,313,000	$6.463M	1.7%	$1.02	$0.99	—	NOTE 5.750% 3/1	74348TAL6
—	CITRIX SYS INC	5,040,000	$6.313M	1.6%	$1.25	$1.06	—	NOTE 0.500% 4/1	177376AD2
—	SPIRIT RLTY CAP INC NEW	6,033,000	$6.184M	1.6%	$1.03	$1.12	—	NOTE 3.750% 5/1	84860WAB8
—	ARES CAP CORP	4,711,000	$4.811M	1.3%	$1.02	$1.04	—	NOTE 4.375% 1/1	04010LAM5
—	PRICELINE GRP INC	2,770,000	$3.944M	1.0%	$1.42	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	BANK AMER CORP	2,275	$2.702M	0.7%	$1187.69	$1080.28	—	7.25%CNV PFD L	060505682
—	DANAHER CORP DEL	569,000	$1.859M	0.5%	$3.27	$2.26	—	NOTE 1/2	235851AF9
—	MACQUARIE INFRASTRUCTURE COR	1,062,000	$1.041M	0.3%	$0.98	$1.01	—	NOTE 2.000%10/0	55608BAB1
—	TOLL BROS FIN CORP	986,000	$980K	0.3%	$0.99	$1.05	—	NOTE 0.500% 9/1	88947EAM2
—	ON SEMICONDUCTOR CORP	814,000	$889K	0.2%	$1.09	$0.89	—	NOTE 1.000%12/0	682189AK1
—	BROCADE COMMUNICATIONS SYS I	334,000	$338K	0.1%	$1.01	$0.99	—	NOTE 1.375% 1/0	111621AQ1