Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	WELLS FARGO CO 7.5% CV PFD L	71,766	$81.63M	4.9%	$1186.82	—	—	949746804
—	GILEAD SCIENCES IN CV 1.625%	28,304,000	$78.37M	4.7%	$2.26	—	—	375558AP8
—	VERISIGN INC CV SUB 3.25% 0815	42,740,000	$66.89M	4.0%	$1.41	—	—	92343EAD4
—	CIENA CORP	54,730,000	$65.5M	3.9%	$1.20	—	—	171779AK7
—	KEYCORP 7.75% CV PFD A	521,462	$65.15M	3.9%	$124.57	—	—	493267405
MTNA 6 01/15/16	ARCELORMITTAL CV 6% 011516 RE	2,765,119	$59.49M	3.6%	$18.75	—	—	L0302D178
—	PPL CORPORATION 8.75% CV PFD	1,107,092	$59.44M	3.6%	$54.05	—	—	69351T114
—	ENDO PHARMACEUT HLD CV 1.75%	37,483,000	$59.43M	3.6%	$1.45	—	—	29264FAB2
—	CONVERGYS CORP CV DEB 5.75% 09	33,093,000	$59.13M	3.6%	$1.69	—	—	212485AE6
—	HUNTINGTON BANCSHARES 8.5% CV	44,395	$55.05M	3.3%	$1227.15	—	—	446150401
—	DOMINION RESOURCES INC 6.125%	1,022,100	$54.72M	3.3%	$49.82	—	—	25746U703
—	MICRON TECHNOLOGY CV 2.375% 0	28,250,000	$54.03M	3.3%	$1.91	—	—	595112AW3
—	GENERAL CABLE CO CV 4.5 11152	44,839,000	$50.64M	3.1%	$1.10	—	—	369300AL2
—	GENERAL MOTORS CO 4.75% CV PFD	981,556	$49.2M	3.0%	$48.31	—	—	37045V209
—	SANDISK CORP CV 1.5% 081517 R	33,456,000	$44.25M	2.7%	$1.33	—	—	80004CAD3
—	CALLAWAY GOLF CO	39,333,000	$44.05M	2.7%	$1.12	—	—	131193AC8
—	LIBERTY INTERACTIVE CORP CV DE	70,494,000	$41.68M	2.5%	$0.59	—	—	530715AL5
—	REGIS CORP CV SR UNSEC 5% 0715	37,728,000	$41.52M	2.5%	$1.17	—	—	758932AA5
—	TRW AUTOMOTIVE I CV 3.5% 2015	16,356,000	$39.93M	2.4%	$2.33	—	—	87264MAH2
—	TELEFLEX INC CV 3.875% 080117	25,913,000	$36.49M	2.2%	$1.35	—	—	879369AA4
—	UNITED THERAPEUTICS CO CV 1%	21,257,000	$36.08M	2.2%	$1.45	—	—	91307CAF9
—	NORTHGATE MINERALS C CV 3.5%	33,236,000	$31.68M	1.9%	$0.94	—	—	666416AB8
—	LAM RESEARCH I CV 2.625% 0515	19,250,000	$30.48M	1.8%	$1.41	—	—	670008AD3
—	TIBCO SOFTWARE INC CV 2.25% 0	28,635,000	$29.08M	1.8%	$0.97	—	—	88632QAB9
—	DEALERTRACK TECHNOLO CV 1.5%	22,267,000	$28.66M	1.7%	$1.15	—	—	242309AB8
—	LIBERTY INTERACTIVE CORP CV DE	47,699,000	$28.44M	1.7%	$0.65	—	—	530715AG6
—	VOLCANO CORP CV 1.75% 120117	27,340,000	$28.26M	1.7%	$0.91	—	—	928645AB6
—	THERAVANCE INC CV 2.125% 0115	17,191,000	$27.96M	1.7%	$1.55	—	—	88338TAB0
—	RTI INTERNATIONAL CV 1.625%	23,000,000	$23.8M	1.4%	$0.94	—	—	74973WAB3
—	AMTRUST FINANCIAL S CV 5.5% 1	14,720,000	$23.03M	1.4%	$1.49	—	—	032359AC5
—	METLIFE INC 5% CV PFD	716,450	$20.6M	1.2%	$54.56	—	—	59156R116
—	NEXTERA ENERGY INC 5.889% CV P	336,050	$18.29M	1.1%	$55.36	—	—	65339F887
—	INTEGRA LIFESCIENC CV 1.625%	17,750,000	$17.95M	1.1%	$0.98	—	—	457985AK5
—	STILLWATER MINING C CV 1.75%	15,657,000	$16.44M	1.0%	$1.03	—	—	86074QAL6
—	DOMINION RESOURCES INC 6% CV P	303,450	$16.26M	1.0%	$49.83	—	—	25746U885
—	BOTTOMLINE TECH DEL INC	13,100,000	$14.72M	0.9%	$1.12	—	—	101388AA4
—	COBALT INTL ENERGY INC	17,072,000	$14.14M	0.9%	$0.83	—	—	19075FAA4
—	STEWART ENTERPRISE CV 3.375%	8,800,000	$11.44M	0.7%	$1.29	—	—	860370AK1
—	INTERNATIONAL GAME TECHNOLOGY	588,000	$11.13M	0.7%	$18.93	—	—	459902102
—	NUVASIVE INC CV 2.75% 070117	10,500,000	$10.24M	0.6%	$0.98	—	—	670704AC9
—	VOLCANO CORP CV 2.875% 090115	7,509,000	$8.114M	0.5%	$0.99	—	—	928645AA8
—	WRIGHT MEDICAL GROUP I CV 2%	6,300,000	$7.698M	0.5%	$1.22	—	—	98235TAC1
—	MENTOR GRAPHICS CORP CV 4% 04	4,900,000	$6.419M	0.4%	$1.25	—	—	587200AK2
—	INTEROIL CORP CV 2.75% 111515	4,959,000	$4.826M	0.3%	$0.96	—	—	460951AC0
—	NUANCE COMMUNICATIO CV 2.75%	4,700,000	$4.75M	0.3%	$1.03	—	—	67020YAF7
—	ARRIS GROUP INC CV SR NTS 2% 1	4,350,000	$4.676M	0.3%	$1.04	—	—	04269QAC4
—	BRISTOW GROUP INC	4,123,000	$4.437M	0.3%	$1.08	—	—	110394AC7
GRFS	GRIFOLS SA-ADR	145,525	$4.406M	0.3%	$28.48	—	—	398438408
—	HOLOGIC INC CV 2% 030142 REG	4,350,000	$4.372M	0.3%	$0.99	—	—	436440AC5
—	ALLEGHENY TEC CV SR NTS 4.25%	4,200,000	$4.358M	0.3%	$1.03	—	—	01741RAD4
—	IXIA CV 3% 121515 REG	3,700,000	$4.218M	0.3%	$1.18	—	—	45071RAB5
—	LINEAR TECHNOL CV SR UNSUB 3%	3,949,000	$4.203M	0.3%	$1.05	—	—	535678AC0
—	STEEL DYNAMI CV SR NTS 5.125%	3,700,000	$4.038M	0.2%	$1.08	—	—	858119AP5
—	ROYAL GOLD INC CV 2.875% 0615	4,150,000	$3.979M	0.2%	$0.91	—	—	780287AA6
—	DFC GLOBAL CORP CV 3% 2028-04	4,113,000	$3.925M	0.2%	$1.03	—	—	256664AC7
—	ON SEMICONDUCTOR C CV 2.625%	3,600,000	$3.89M	0.2%	$1.11	—	—	682189AH8
—	TTM TECHNOLOGIES CV 3.25% 051	3,750,000	$3.834M	0.2%	$1.01	—	—	87305RAC3
—	INTEL CORP CV 3.25% 080139 14	2,625,000	$3.25M	0.2%	$1.26	—	—	458140AF7
—	COMTECH TELECOMMUNICA CV 3% 0	3,130,000	$3.185M	0.2%	$1.02	—	—	205826AF7
—	PHOTRONICS INC CV 3.25% 04011	2,285,000	$2.542M	0.2%	$1.09	—	—	719405AH5
—	CHESAPEAKE ENERGY CORP	2,500,000	$2.531M	0.2%	$1.01	—	—	165167BW6
—	PRICELINE.COM INC CV 1% 03151	1,800,000	$2.313M	0.1%	$1.16	—	—	741503AQ9
—	INTERDIGITAL INC CV 2.5% 0315	2,200,000	$2.303M	0.1%	$1.07	—	—	458660AB3
—	ARCHER DAN CV SR UNSEC 0.875%	2,250,000	$2.289M	0.1%	$1.01	—	—	039483AW2
—	INTEL CORP CV JR SUB 2.95% 121	1,800,000	$1.949M	0.1%	$1.08	—	—	458140AD2
—	ALLIANT TECHSYSTEMS IN CV 3%	1,475,000	$1.931M	0.1%	$1.15	—	—	018804AK0
—	ELECTRONIC ARTS INC CV 0.75%	1,700,000	$1.846M	0.1%	$1.06	—	—	285512AA7
—	PROMOTORA DE INFORMACIONES SA	709,895	$1.418M	0.1%	$1.09	—	—	74343G303
—	US STEEL CORP CV 2.75% 040119	1,125,000	$1.245M	0.1%	$0.99	—	—	912909AH1
—	WEYERHAEUSER CO 6.375% CV PFD	21,800	$1.155M	0.1%	$52.98	—	—	962166872
—	SALIX PHARMACEUTICAL CV 1.5%	900,000	$1.104M	0.1%	$1.19	—	—	795435AE6
—	CHESAPEAKE ENERGY CORP	1,000,000	$1.008M	0.1%	$1.01	—	—	165167BZ9
—	OMNICARE INC CV DEB 3.25% 1215	900,000	$956K	0.1%	$1.06	—	—	681904AL2
—	DEVELOPERS DIVERSIF CV 1.75%	800,000	$907K	0.1%	$1.13	—	—	251591AX1
—	LAM RESEARCH CORP CV 0.5% 051	800,000	$905K	0.1%	$1.05	—	—	512807AJ7