INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 14, 2018

Total Value: $384M (1.6% shares, 98.4% debt)

Holdings (30)

— ANTHEM INC 7.5%

Value $28.68M Shares 9,326,000 Share Price $3.08 Est. Cost/Share $2.06 Unrealized @ Report Date —

— PRICELINE GRP INC 6.4%

Value $24.51M Shares 20,963,000 Share Price $1.17 Est. Cost/Share $1.01 Unrealized @ Report Date —

— ILLUMINA INC 6.0%

Value $23.18M Shares 21,364,000 Share Price $1.09 Est. Cost/Share $1.16 Unrealized @ Report Date —

— INTEL CORP 6.0%

Value $23.1M Shares 10,400,000 Share Price $2.22 Est. Cost/Share $2.22 Unrealized @ Report Date —

— RED HAT INC 5.8%

Value $22.25M Shares 13,526,000 Share Price $1.64 Est. Cost/Share $1.30 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 5.3%

Value $20.28M Shares 23,109,000 Share Price $0.88 Est. Cost/Share $1.00 Unrealized @ Report Date —

— JEFFERIES GROUP INC NEW 5.1%

Value $19.69M Shares 19,687,000 Share Price $1.00 Est. Cost/Share $1.05 Unrealized @ Report Date —

— ARES CAP CORP 5.0%

Value $19.2M Shares 19,203,000 Share Price $1.00 Est. Cost/Share $1.14 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 4.1%

Value $15.68M Shares 15,216,000 Share Price $1.03 Est. Cost/Share $1.13 Unrealized @ Report Date —

— CITRIX SYS INC 4.1%

Value $15.57M Shares 12,040,000 Share Price $1.29 Est. Cost/Share $1.19 Unrealized @ Report Date —

— OLD REP INTL CORP 4.0%

Value $15.52M Shares 11,196,000 Share Price $1.39 Est. Cost/Share $1.23 Unrealized @ Report Date —

— ALZA CORP 3.9%

Value $15.04M Shares 7,839,000 Share Price $1.92 Est. Cost/Share $1.42 Unrealized @ Report Date —

— NOVELLUS SYS INC 3.7%

Value $14.21M Shares 2,583,000 Share Price $5.50 Est. Cost/Share $2.79 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 3.5%

Value $13.46M Shares 4,400,000 Share Price $3.06 Est. Cost/Share $1.66 Unrealized @ Report Date —

— RPM INTL INC 3.4%

Value $13.15M Shares 11,395,000 Share Price $1.15 Est. Cost/Share $1.40 Unrealized @ Report Date —

— AMERICAN RLTY CAP PPTYS INC 2.9%

Value $11.16M Shares 10,864,000 Share Price $1.03 Est. Cost/Share $1.03 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.9%

Value $11.03M Shares 10,791,000 Share Price $1.02 Est. Cost/Share $1.05 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 2.8%

Value $10.86M Shares 10,844,000 Share Price $1.00 Est. Cost/Share $1.08 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.7%

Value $10.28M Shares 10,233,000 Share Price $1.00 Est. Cost/Share $0.90 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 2.5%

Value $9.775M Shares 9,433,000 Share Price $1.04 Est. Cost/Share $1.09 Unrealized @ Report Date —

— AMERICAN RLTY CAP PPTYS INC 2.5%

Value $9.461M Shares 9,461,000 Share Price $1.00 Est. Cost/Share $1.00 Unrealized @ Report Date —

— LAM RESEARCH CORP 2.3%

Value $8.973M Shares 2,934,000 Share Price $3.06 Est. Cost/Share $1.59 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 1.7%

Value $6.42M Shares 6,313,000 Share Price $1.02 Est. Cost/Share $0.99 Unrealized @ Report Date —

— ARES CAP CORP 1.3%

Value $4.805M Shares 4,711,000 Share Price $1.02 Est. Cost/Share $1.04 Unrealized @ Report Date —

— WELLS FARGO CO NEW 1.1%

Value $4.322M Shares 3,299 Share Price $1310.09 Est. Cost/Share $1186.84 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 1.1%

Value $4.166M Shares 4,362,000 Share Price $0.96 Est. Cost/Share $1.00 Unrealized @ Report Date —

— PRICELINE GRP INC 1.0%

Value $3.819M Shares 2,770,000 Share Price $1.38 Est. Cost/Share $1.18 Unrealized @ Report Date —

— DANAHER CORP DEL 0.5%

Value $2.017M Shares 569,000 Share Price $3.54 Est. Cost/Share $2.26 Unrealized @ Report Date —

— BANK AMER CORP 0.5%

Value $1.881M Shares 1,425 Share Price $1320.00 Est. Cost/Share $1080.28 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 0.3%

Value $1.039M Shares 814,000 Share Price $1.28 Est. Cost/Share $0.89 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	ANTHEM INC	9,326,000	$28.68M	7.5%	$3.08	$2.06	—	NOTE 2.750%10/1	94973VBG1
—	PRICELINE GRP INC	20,963,000	$24.51M	6.4%	$1.17	$1.01	—	NOTE 0.900% 9/1	741503AX4
—	ILLUMINA INC	21,364,000	$23.18M	6.0%	$1.09	$1.16	—	NOTE 6/1	452327AF6
—	INTEL CORP	10,400,000	$23.1M	6.0%	$2.22	$2.22	—	SDCV 3.250% 8/0	458140AF7
—	RED HAT INC	13,526,000	$22.25M	5.8%	$1.64	$1.30	—	NOTE 0.250%10/0	756577AD4
—	TEVA PHARMACEUTICAL FIN LLC	23,109,000	$20.28M	5.3%	$0.88	$1.00	—	DBCV 0.250% 2/0	88163VAE9
—	JEFFERIES GROUP INC NEW	19,687,000	$19.69M	5.1%	$1.00	$1.05	—	DBCV 3.875%11/0	472319AG7
—	ARES CAP CORP	19,203,000	$19.2M	5.0%	$1.00	$1.14	—	NOTE 4.750% 1/1	04010LAJ2
—	MACQUARIE INFRASTRUCTURE COR	15,216,000	$15.68M	4.1%	$1.03	$1.13	—	NOTE 2.875% 7/1	55608BAA3
—	CITRIX SYS INC	12,040,000	$15.57M	4.1%	$1.29	$1.19	—	NOTE 0.500% 4/1	177376AD2
—	OLD REP INTL CORP	11,196,000	$15.52M	4.0%	$1.39	$1.23	—	NOTE 3.750% 3/1	680223AH7
—	ALZA CORP	7,839,000	$15.04M	3.9%	$1.92	$1.42	—	SDCV 7/2	02261WAB5
—	NOVELLUS SYS INC	2,583,000	$14.21M	3.7%	$5.50	$2.79	—	NOTE 2.625% 5/1	670008AD3
—	FIDELITY NATIONAL FINANCIAL	4,400,000	$13.46M	3.5%	$3.06	$1.66	—	NOTE 4.250% 8/1	31620RAE5
—	RPM INTL INC	11,395,000	$13.15M	3.4%	$1.15	$1.40	—	NOTE 2.250%12/1	749685AT0
—	AMERICAN RLTY CAP PPTYS INC	10,864,000	$11.16M	2.9%	$1.03	$1.03	—	NOTE 3.750%12/1	02917TAB0
—	PROSPECT CAPITAL CORPORATION	10,791,000	$11.03M	2.9%	$1.02	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	SPIRIT RLTY CAP INC NEW	10,844,000	$10.86M	2.8%	$1.00	$1.08	—	NOTE 2.875% 5/1	84860WAA0
—	PROSPECT CAPITAL CORPORATION	10,233,000	$10.28M	2.7%	$1.00	$0.90	—	NOTE 4.750% 4/1	74348TAQ5
—	SPIRIT RLTY CAP INC NEW	9,433,000	$9.775M	2.5%	$1.04	$1.09	—	NOTE 3.750% 5/1	84860WAB8
—	AMERICAN RLTY CAP PPTYS INC	9,461,000	$9.461M	2.5%	$1.00	$1.00	—	NOTE 3.000% 8/0	02917TAA2
—	LAM RESEARCH CORP	2,934,000	$8.973M	2.3%	$3.06	$1.59	—	NOTE 1.250% 5/1	512807AL2
—	PROSPECT CAPITAL CORPORATION	6,313,000	$6.42M	1.7%	$1.02	$0.99	—	NOTE 5.750% 3/1	74348TAL6
—	ARES CAP CORP	4,711,000	$4.805M	1.3%	$1.02	$1.04	—	NOTE 4.375% 1/1	04010LAM5
—	WELLS FARGO CO NEW	3,299	$4.322M	1.1%	$1310.09	$1186.84	—	PERP PFD CNV A	949746804
—	MACQUARIE INFRASTRUCTURE COR	4,362,000	$4.166M	1.1%	$0.96	$1.00	—	NOTE 2.000%10/0	55608BAB1
—	PRICELINE GRP INC	2,770,000	$3.819M	1.0%	$1.38	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	DANAHER CORP DEL	569,000	$2.017M	0.5%	$3.54	$2.26	—	DBCV 1/2	235851AF9
—	BANK AMER CORP	1,425	$1.881M	0.5%	$1320.00	$1080.28	—	7.25%CNV PFD L	060505682
—	ON SEMICONDUCTOR CORP	814,000	$1.039M	0.3%	$1.28	$0.89	—	NOTE 1.000%12/0	682189AK1