INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q2 2017 (← Previous) (Next →)

Filing Date: Aug 11, 2017

Total Value: $370M (2.0% shares, 98.0% debt)

Holdings (34)

— INTEL CORP 6.8%

Value $25.07M Shares 19,183,000 Share Price $1.31 Est. Cost/Share $1.18 Unrealized @ Report Date —

— ANTHEM INC 6.5%

Value $24.02M Shares 9,326,000 Share Price $2.58 Est. Cost/Share $2.06 Unrealized @ Report Date —

— PRICELINE GRP INC 6.5%

Value $24M Shares 20,963,000 Share Price $1.15 Est. Cost/Share $1.01 Unrealized @ Report Date —

— ILLUMINA INC 5.8%

Value $21.58M Shares 21,364,000 Share Price $1.01 Est. Cost/Share $1.16 Unrealized @ Report Date —

— ARES CAP CORP 5.4%

Value $20.14M Shares 19,868,000 Share Price $1.01 Est. Cost/Share $1.14 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 5.3%

Value $19.76M Shares 19,687,000 Share Price $1.00 Est. Cost/Share $1.05 Unrealized @ Report Date —

— LAM RESEARCH CORP 5.1%

Value $18.7M Shares 8,014,000 Share Price $2.33 Est. Cost/Share $1.59 Unrealized @ Report Date —

— RED HAT INC 5.0%

Value $18.67M Shares 13,526,000 Share Price $1.38 Est. Cost/Share $1.30 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 4.5%

Value $16.81M Shares 15,216,000 Share Price $1.11 Est. Cost/Share $1.13 Unrealized @ Report Date —

— ALZA CORP 3.8%

Value $14.23M Shares 7,839,000 Share Price $1.82 Est. Cost/Share $1.42 Unrealized @ Report Date —

— OLD REP INTL CORP 3.8%

Value $14.17M Shares 11,196,000 Share Price $1.27 Est. Cost/Share $1.23 Unrealized @ Report Date —

— NEWMONT MINING CORP 3.7%

Value $13.56M Shares 13,567,000 Share Price $1.00 Est. Cost/Share $1.05 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 3.0%

Value $11.14M Shares 10,791,000 Share Price $1.03 Est. Cost/Share $1.05 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 3.0%

Value $11.06M Shares 4,400,000 Share Price $2.51 Est. Cost/Share $1.66 Unrealized @ Report Date —

— NOVELLUS SYS INC 2.9%

Value $10.78M Shares 2,583,000 Share Price $4.17 Est. Cost/Share $2.79 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 2.9%

Value $10.74M Shares 10,844,000 Share Price $0.99 Est. Cost/Share $1.08 Unrealized @ Report Date —

— TORONTO DOMINION BK ONT 2.8%

Value $10.39M Shares 10,470,000 Share Price $0.99 Est. Cost/Share $1.00 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.8%

Value $10.26M Shares 10,233,000 Share Price $1.00 Est. Cost/Share $0.90 Unrealized @ Report Date —

— RPM INTL INC 2.7%

Value $9.906M Shares 8,395,000 Share Price $1.18 Est. Cost/Share $1.48 Unrealized @ Report Date —

— AMERICAN RLTY CAP PPTYS INC 2.6%

Value $9.502M Shares 9,461,000 Share Price $1.00 Est. Cost/Share $1.00 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 2.2%

Value $8.014M Shares 7,472,000 Share Price $1.07 Est. Cost/Share $1.25 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 1.7%

Value $6.471M Shares 6,313,000 Share Price $1.03 Est. Cost/Share $0.99 Unrealized @ Report Date —

— CITRIX SYS INC 1.6%

Value $6.051M Shares 5,040,000 Share Price $1.20 Est. Cost/Share $1.06 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 1.6%

Value $6.027M Shares 6,073,000 Share Price $0.99 Est. Cost/Share $1.12 Unrealized @ Report Date —

— ARES CAP CORP 1.3%

Value $4.849M Shares 4,711,000 Share Price $1.03 Est. Cost/Share $1.04 Unrealized @ Report Date —

— AMERICAN RLTY CAP PPTYS INC 1.2%

Value $4.489M Shares 4,364,000 Share Price $1.03 Est. Cost/Share $1.03 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 1.2%

Value $4.343M Shares 4,362,000 Share Price $1.00 Est. Cost/Share $1.00 Unrealized @ Report Date —

— WELLS FARGO CO NEW 1.2%

Value $4.326M Shares 3,299 Share Price $1311.31 Est. Cost/Share $1186.84 Unrealized @ Report Date —

— PRICELINE GRP INC 1.1%

Value $4.068M Shares 2,770,000 Share Price $1.47 Est. Cost/Share $1.18 Unrealized @ Report Date —

— BANK AMER CORP 0.8%

Value $2.892M Shares 2,287 Share Price $1264.54 Est. Cost/Share $1080.28 Unrealized @ Report Date —

— DANAHER CORP DEL 0.5%

Value $1.834M Shares 569,000 Share Price $3.22 Est. Cost/Share $2.26 Unrealized @ Report Date —

— TOLL BROS FIN CORP 0.3%

Value $984K Shares 986,000 Share Price $1.00 Est. Cost/Share $1.05 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 0.2%

Value $845K Shares 814,000 Share Price $1.04 Est. Cost/Share $0.89 Unrealized @ Report Date —

— BROCADE COMMUNICATIONS SYS I 0.1%

Value $339K 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	19,183,000	$25.07M	6.8%	$1.31	$1.18	—	SDCV 12/1	458140AD2
—	ANTHEM INC	9,326,000	$24.02M	6.5%	$2.58	$2.06	—	NOTE 2.750%10/1	94973VBG1
—	PRICELINE GRP INC	20,963,000	$24M	6.5%	$1.15	$1.01	—	NOTE 0.900% 9/1	741503AX4
—	ILLUMINA INC	21,364,000	$21.58M	5.8%	$1.01	$1.16	—	NOTE 6/1	452327AF6
—	ARES CAP CORP	19,868,000	$20.14M	5.4%	$1.01	$1.14	—	NOTE 4.750% 1/1	04010LAJ2
—	JEFFERIES GROUP INC NEW	19,687,000	$19.76M	5.3%	$1.00	$1.05	—	DBCV 3.875%11/0	472319AG7
—	LAM RESEARCH CORP	8,014,000	$18.7M	5.1%	$2.33	$1.59	—	NOTE 1.250% 5/1	512807AL2
—	RED HAT INC	13,526,000	$18.67M	5.0%	$1.38	$1.30	—	NOTE 0.250%10/0	756577AD4
—	MACQUARIE INFRASTRUCTURE COR	15,216,000	$16.81M	4.5%	$1.11	$1.13	—	NOTE 2.875% 7/1	55608BAA3
—	ALZA CORP	7,839,000	$14.23M	3.8%	$1.82	$1.42	—	SDCV 7/2	02261WAB5
—	OLD REP INTL CORP	11,196,000	$14.17M	3.8%	$1.27	$1.23	—	NOTE 3.750% 3/1	680223AH7
—	NEWMONT MINING CORP	13,567,000	$13.56M	3.7%	$1.00	$1.05	—	NOTE 1.625% 7/1	651639AJ5
—	PROSPECT CAPITAL CORPORATION	10,791,000	$11.14M	3.0%	$1.03	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	FIDELITY NATIONAL FINANCIAL	4,400,000	$11.06M	3.0%	$2.51	$1.66	—	NOTE 4.250% 8/1	31620RAE5
—	NOVELLUS SYS INC	2,583,000	$10.78M	2.9%	$4.17	$2.79	—	NOTE 2.625% 5/1	670008AD3
—	SPIRIT RLTY CAP INC NEW	10,844,000	$10.74M	2.9%	$0.99	$1.08	—	NOTE 2.875% 5/1	84860WAA0
—	TORONTO DOMINION BK ONT	10,470,000	$10.39M	2.8%	$0.99	$1.00	—	NOTE 3.625% 9/1	891160MJ9
—	PROSPECT CAPITAL CORPORATION	10,233,000	$10.26M	2.8%	$1.00	$0.90	—	NOTE 4.750% 4/1	74348TAQ5
—	RPM INTL INC	8,395,000	$9.906M	2.7%	$1.18	$1.48	—	NOTE 2.250%12/1	749685AT0
—	AMERICAN RLTY CAP PPTYS INC	9,461,000	$9.502M	2.6%	$1.00	$1.00	—	NOTE 3.000% 8/0	02917TAA2
—	TEVA PHARMACEUTICAL FIN LLC	7,472,000	$8.014M	2.2%	$1.07	$1.25	—	DBCV 0.250% 2/0	88163VAE9
—	PROSPECT CAPITAL CORPORATION	6,313,000	$6.471M	1.7%	$1.03	$0.99	—	NOTE 5.750% 3/1	74348TAL6
—	CITRIX SYS INC	5,040,000	$6.051M	1.6%	$1.20	$1.06	—	NOTE 0.500% 4/1	177376AD2
—	SPIRIT RLTY CAP INC NEW	6,073,000	$6.027M	1.6%	$0.99	$1.12	—	NOTE 3.750% 5/1	84860WAB8
—	ARES CAP CORP	4,711,000	$4.849M	1.3%	$1.03	$1.04	—	NOTE 4.375% 1/1	04010LAM5
—	AMERICAN RLTY CAP PPTYS INC	4,364,000	$4.489M	1.2%	$1.03	$1.03	—	NOTE 3.750%12/1	02917TAB0
—	MACQUARIE INFRASTRUCTURE COR	4,362,000	$4.343M	1.2%	$1.00	$1.00	—	NOTE 2.000%10/0	55608BAB1
—	WELLS FARGO CO NEW	3,299	$4.326M	1.2%	$1311.31	$1186.84	—	PERP PFD CNV A	949746804
—	PRICELINE GRP INC	2,770,000	$4.068M	1.1%	$1.47	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	BANK AMER CORP	2,287	$2.892M	0.8%	$1264.54	$1080.28	—	7.25%CNV PFD L	060505682
—	DANAHER CORP DEL	569,000	$1.834M	0.5%	$3.22	$2.26	—	NOTE 1/2	235851AF9
—	TOLL BROS FIN CORP	986,000	$984K	0.3%	$1.00	$1.05	—	NOTE 0.500% 9/1	88947EAM2
—	ON SEMICONDUCTOR CORP	814,000	$845K	0.2%	$1.04	$0.89	—	NOTE 1.000%12/0	682189AK1
—	BROCADE COMMUNICATIONS SYS I	334,000	$339K	0.1%	$1.01	$0.99	—	NOTE 1.375% 1/0	111621AQ1