INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 14, 2018

Total Value: $349M (1.7% shares, 98.3% debt)

Holdings (29)

— ANTHEM INC 7.9%

Value $27.68M Shares 9,191,000 Share Price $3.01 Est. Cost/Share $2.06 Unrealized @ Report Date —

— PRICELINE GRP INC 7.5%

Value $26.16M Shares 20,963,000 Share Price $1.25 Est. Cost/Share $1.01 Unrealized @ Report Date —

— INTEL CORP 7.4%

Value $25.75M Shares 10,350,000 Share Price $2.49 Est. Cost/Share $2.22 Unrealized @ Report Date —

— ILLUMINA INC 6.8%

Value $23.64M Shares 21,364,000 Share Price $1.11 Est. Cost/Share $1.16 Unrealized @ Report Date —

— RED HAT INC 5.7%

Value $19.94M Shares 9,861,000 Share Price $2.02 Est. Cost/Share $1.30 Unrealized @ Report Date —

— ARES CAP CORP 4.9%

Value $17.13M Shares 16,800,000 Share Price $1.02 Est. Cost/Share $1.02 Unrealized @ Report Date —

— CITRIX SYS INC 4.5%

Value $15.85M Shares 12,040,000 Share Price $1.32 Est. Cost/Share $1.19 Unrealized @ Report Date —

— NOVELLUS SYS INC 4.5%

Value $15.63M Shares 2,583,000 Share Price $6.05 Est. Cost/Share $2.79 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 4.3%

Value $15.04M Shares 15,216,000 Share Price $0.99 Est. Cost/Share $1.13 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 3.9%

Value $13.66M Shares 15,589,000 Share Price $0.88 Est. Cost/Share $1.00 Unrealized @ Report Date —

— FIDELITY NATIONAL FINANCIAL 3.8%

Value $13.14M Shares 4,235,000 Share Price $3.10 Est. Cost/Share $1.66 Unrealized @ Report Date —

— ALZA CORP 3.7%

Value $12.96M Shares 7,339,000 Share Price $1.77 Est. Cost/Share $1.42 Unrealized @ Report Date —

— RPM INTL INC 3.7%

Value $12.8M Shares 11,395,000 Share Price $1.12 Est. Cost/Share $1.40 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 3.1%

Value $10.99M Shares 10,791,000 Share Price $1.02 Est. Cost/Share $1.05 Unrealized @ Report Date —

— AMERICAN RLTY CAP PPTYS INC 3.1%

Value $10.96M Shares 10,864,000 Share Price $1.01 Est. Cost/Share $1.03 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 3.1%

Value $10.79M Shares 10,844,000 Share Price $0.99 Est. Cost/Share $1.08 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 2.9%

Value $10.25M Shares 10,233,000 Share Price $1.00 Est. Cost/Share $0.90 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 2.7%

Value $9.567M Shares 9,433,000 Share Price $1.01 Est. Cost/Share $1.09 Unrealized @ Report Date —

— AMERICAN RLTY CAP PPTYS INC 2.7%

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

— LAM RESEARCH CORP 2.7%

Value $9.411M Shares 2,790,000 Share Price $3.37 Est. Cost/Share $1.59 Unrealized @ Report Date —

— TPG SPECIALTY LENDING INC 2.5%

Value $8.783M Shares 8,600,000 Share Price $1.02 Est. Cost/Share $1.02 Unrealized @ Report Date —

— HERCULES CAPITAL INC 2.1%

Value $7.31M Shares 7,225,000 Share Price $1.01 Est. Cost/Share $1.01 Unrealized @ Report Date —

— ARES CAP CORP 1.4%

Value $4.764M Shares 4,711,000 Share Price $1.01 Est. Cost/Share $1.04 Unrealized @ Report Date —

— PRICELINE GRP INC 1.3%

Value $4.447M Shares 2,770,000 Share Price $1.61 Est. Cost/Share $1.18 Unrealized @ Report Date —

— WELLS FARGO CO NEW 1.2%

Value $4.24M Shares 3,287 Share Price $1289.93 Est. Cost/Share $1186.84 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 1.1%

Value $3.871M Shares 4,362,000 Share Price $0.89 Est. Cost/Share $1.00 Unrealized @ Report Date —

— BANK AMER CORP 0.5%

Value $1.833M Shares 1,425 Share Price $1286.32 Est. Cost/Share $1080.28 Unrealized @ Report Date —

— DANAHER CORP DEL 0.5%

Value $1.813M Shares 484,000 Share Price $3.75 Est. Cost/Share $2.26 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 0.3%

Value $1.162M Shares 814,000 Share Price $1.43 Est. Cost/Share $0.89 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	ANTHEM INC	9,191,000	$27.68M	7.9%	$3.01	$2.06	—	NOTE 2.750%10/1	94973VBG1
—	PRICELINE GRP INC	20,963,000	$26.16M	7.5%	$1.25	$1.01	—	NOTE 0.900% 9/1	741503AX4
—	INTEL CORP	10,350,000	$25.75M	7.4%	$2.49	$2.22	—	SDCV 3.250% 8/0	458140AF7
—	ILLUMINA INC	21,364,000	$23.64M	6.8%	$1.11	$1.16	—	NOTE 6/1	452327AF6
—	RED HAT INC	9,861,000	$19.94M	5.7%	$2.02	$1.30	—	NOTE 0.250%10/0	756577AD4
—	ARES CAP CORP	16,800,000	$17.13M	4.9%	$1.02	$1.02	—	NOTE 3.750% 2/0	04010LAT0
—	CITRIX SYS INC	12,040,000	$15.85M	4.5%	$1.32	$1.19	—	NOTE 0.500% 4/1	177376AD2
—	NOVELLUS SYS INC	2,583,000	$15.63M	4.5%	$6.05	$2.79	—	NOTE 2.625% 5/1	670008AD3
—	MACQUARIE INFRASTRUCTURE COR	15,216,000	$15.04M	4.3%	$0.99	$1.13	—	NOTE 2.875% 7/1	55608BAA3
—	TEVA PHARMACEUTICAL FIN LLC	15,589,000	$13.66M	3.9%	$0.88	$1.00	—	DBCV 0.250% 2/0	88163VAE9
—	FIDELITY NATIONAL FINANCIAL	4,235,000	$13.14M	3.8%	$3.10	$1.66	—	NOTE 4.250% 8/1	31620RAE5
—	ALZA CORP	7,339,000	$12.96M	3.7%	$1.77	$1.42	—	SDCV 7/2	02261WAB5
—	RPM INTL INC	11,395,000	$12.8M	3.7%	$1.12	$1.40	—	NOTE 2.250%12/1	749685AT0
—	PROSPECT CAPITAL CORPORATION	10,791,000	$10.99M	3.1%	$1.02	$1.05	—	NOTE 5.875% 1/1	74348TAM4
—	AMERICAN RLTY CAP PPTYS INC	10,864,000	$10.96M	3.1%	$1.01	$1.03	—	NOTE 3.750%12/1	02917TAB0
—	SPIRIT RLTY CAP INC NEW	10,844,000	$10.79M	3.1%	$0.99	$1.08	—	NOTE 2.875% 5/1	84860WAA0
—	PROSPECT CAPITAL CORPORATION	10,233,000	$10.25M	2.9%	$1.00	$0.90	—	NOTE 4.750% 4/1	74348TAQ5
—	SPIRIT RLTY CAP INC NEW	9,433,000	$9.567M	2.7%	$1.01	$1.09	—	NOTE 3.750% 5/1	84860WAB8
—	AMERICAN RLTY CAP PPTYS INC	9,461,000	$9.461M	2.7%	$1.00	$1.00	—	NOTE 3.000% 8/0	02917TAA2
—	LAM RESEARCH CORP	2,790,000	$9.411M	2.7%	$3.37	$1.59	—	NOTE 1.250% 5/1	512807AL2
—	TPG SPECIALTY LENDING INC	8,600,000	$8.783M	2.5%	$1.02	$1.02	—	NOTE 4.500% 8/0	87265KAD4
—	HERCULES CAPITAL INC	7,225,000	$7.31M	2.1%	$1.01	$1.01	—	DBCV 4.375% 2/0	427096AF9
—	ARES CAP CORP	4,711,000	$4.764M	1.4%	$1.01	$1.04	—	NOTE 4.375% 1/1	04010LAM5
—	PRICELINE GRP INC	2,770,000	$4.447M	1.3%	$1.61	$1.18	—	NOTE 0.350% 6/1	741503AS5
—	WELLS FARGO CO NEW	3,287	$4.24M	1.2%	$1289.93	$1186.84	—	PERP PFD CNV A	949746804
—	MACQUARIE INFRASTRUCTURE COR	4,362,000	$3.871M	1.1%	$0.89	$1.00	—	NOTE 2.000%10/0	55608BAB1
—	BANK AMER CORP	1,425	$1.833M	0.5%	$1286.32	$1080.28	—	7.25%CNV PFD L	060505682
—	DANAHER CORP DEL	484,000	$1.813M	0.5%	$3.75	$2.26	—	DBCV 1/2	235851AF9
—	ON SEMICONDUCTOR CORP	814,000	$1.162M	0.3%	$1.43	$0.89	—	NOTE 1.000%12/0	682189AK1