INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 10, 2019

Total Value: $270M (100.0% shares, 0.0% debt)

Holdings (25)

— ARES CAP CORP 7.9%

Value $21.34M Shares 21,400,000 Share Price $1.00 Est. Cost/Share $1.01 Unrealized @ Report Date —

— PRICELINE GRP INC 7.5%

Value $20.27M Shares 18,363,000 Share Price $1.10 Est. Cost/Share $1.02 Unrealized @ Report Date —

— RED HAT INC 7.3%

Value $19.84M Shares 7,996,000 Share Price $2.48 Est. Cost/Share $1.30 Unrealized @ Report Date —

— ANTHEM INC 7.1%

Value $19.25M Shares 4,851,000 Share Price $3.97 Est. Cost/Share $2.06 Unrealized @ Report Date —

— TPG SPECIALTY LENDING INC 6.3%

Value $17.01M Shares 16,700,000 Share Price $1.02 Est. Cost/Share $1.01 Unrealized @ Report Date —

— AMERICAN RLTY CAP PPTYS INC 6.1%

Value $16.37M Shares 16,414,000 Share Price $1.00 Est. Cost/Share $1.02 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 5.3%

Value $14.37M Shares 15,589,000 Share Price $0.92 Est. Cost/Share $1.00 Unrealized @ Report Date —

— ALZA CORP 5.2%

Value $14.09M Shares 7,339,000 Share Price $1.92 Est. Cost/Share $1.42 Unrealized @ Report Date —

— NOVELLUS SYS INC 5.1%

Value $13.79M Shares 2,498,000 Share Price $5.52 Est. Cost/Share $2.79 Unrealized @ Report Date —

— HERCULES CAPITAL INC 4.2%

Value $11.45M Shares 11,719,000 Share Price $0.98 Est. Cost/Share $1.00 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 3.9%

Value $10.54M Shares 10,700,000 Share Price $0.99 Est. Cost/Share $0.99 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 3.9%

Value $10.53M Shares 10,554,000 Share Price $1.00 Est. Cost/Share $1.08 Unrealized @ Report Date —

— EURONET WORLDWIDE INC 3.9%

Value $10.41M Shares 5,300,000 Share Price $1.96 Est. Cost/Share $1.42 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 3.8%

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

— MACQUARIE INFRASTRUCTURE COR 3.8%

Value $10.18M Shares 10,216,000 Share Price $1.00 Est. Cost/Share $1.13 Unrealized @ Report Date —

— CITRIX SYS INC 3.6%

Value $9.839M Shares 6,940,000 Share Price $1.42 Est. Cost/Share $1.19 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 3.5%

Value $9.422M Shares 9,433,000 Share Price $1.00 Est. Cost/Share $1.09 Unrealized @ Report Date —

— ILLUMINA INC 3.2%

Value $8.521M Shares 6,964,000 Share Price $1.22 Est. Cost/Share $1.16 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 2.7%

Value $7.369M Shares 8,362,000 Share Price $0.88 Est. Cost/Share $0.93 Unrealized @ Report Date —

— WELLS FARGO CO NEW 1.6%

Value $4.255M Shares 3,287 Share Price $1294.49 Est. Cost/Share $1186.84 Unrealized @ Report Date —

— BANK AMER CORP 1.3%

Value $3.519M Shares 2,695 Share Price $1305.75 Est. Cost/Share $1170.79 Unrealized @ Report Date —

— ILLUMINA INC 1.1%

Value $2.974M Shares 2,200,000 Share Price $1.35 Est. Cost/Share $1.51 Unrealized @ Report Date —

— DANAHER CORPORATION 0.9%

Value $2.442M Shares 484,000 Share Price $5.05 Est. Cost/Share $2.26 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 0.4%

Value $1.006M Shares 814,000 Share Price $1.24 Est. Cost/Share $0.89 Unrealized @ Report Date —

— NABORS INDS INC NEW 0.4%

Value $978K Shares 1,375,000 Share Price $0.71 Est. Cost/Share $0.78 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	ARES CAP CORP	21,400,000	$21.34M	7.9%	$1.00	$1.01	—	NOTE 3.750% 2/0	04010LAT0
—	PRICELINE GRP INC	18,363,000	$20.27M	7.5%	$1.10	$1.02	—	NOTE 0.900% 9/1	741503AX4
—	RED HAT INC	7,996,000	$19.84M	7.3%	$2.48	$1.30	—	NOTE 0.250%10/0	756577AD4
—	ANTHEM INC	4,851,000	$19.25M	7.1%	$3.97	$2.06	—	NOTE 2.750%10/1	94973VBG1
—	TPG SPECIALTY LENDING INC	16,700,000	$17.01M	6.3%	$1.02	$1.01	—	NOTE 4.500% 8/0	87265KAD4
—	AMERICAN RLTY CAP PPTYS INC	16,414,000	$16.37M	6.1%	$1.00	$1.02	—	NOTE 3.750%12/1	02917TAB0
—	TEVA PHARMACEUTICAL FIN LLC	15,589,000	$14.37M	5.3%	$0.92	$1.00	—	DBCV 0.250% 2/0	88163VAE9
—	ALZA CORP	7,339,000	$14.09M	5.2%	$1.92	$1.42	—	SDCV7/2	02261WAB5
—	NOVELLUS SYS INC	2,498,000	$13.79M	5.1%	$5.52	$2.79	—	NOTE 2.625% 5/1	670008AD3
—	HERCULES CAPITAL INC	11,719,000	$11.45M	4.2%	$0.98	$1.00	—	DBCV 4.375% 2/0	427096AF9
—	PROSPECT CAPITAL CORPORATION	10,700,000	$10.54M	3.9%	$0.99	$0.99	—	NOTE 4.950% 7/1	74348TAR3
—	SPIRIT RLTY CAP INC NEW	10,554,000	$10.53M	3.9%	$1.00	$1.08	—	NOTE 2.875% 5/1	84860WAA0
—	EURONET WORLDWIDE INC	5,300,000	$10.41M	3.9%	$1.96	$1.42	—	NOTE 1.500%10/0	298736AH2
—	PROSPECT CAPITAL CORPORATION	10,233,000	$10.28M	3.8%	$1.00	$0.90	—	NOTE 4.750% 4/1	74348TAQ5
—	MACQUARIE INFRASTRUCTURE COR	10,216,000	$10.18M	3.8%	$1.00	$1.13	—	NOTE 2.875% 7/1	55608BAA3
—	CITRIX SYS INC	6,940,000	$9.839M	3.6%	$1.42	$1.19	—	NOTE 0.500% 4/1	177376AD2
—	SPIRIT RLTY CAP INC NEW	9,433,000	$9.422M	3.5%	$1.00	$1.09	—	NOTE 3.750% 5/1	84860WAB8
—	ILLUMINA INC	6,964,000	$8.521M	3.2%	$1.22	$1.16	—	NOTE 6/1	452327AF6
—	MACQUARIE INFRASTRUCTURE COR	8,362,000	$7.369M	2.7%	$0.88	$0.93	—	NOTE 2.000%10/0	55608BAB1
—	WELLS FARGO CO NEW	3,287	$4.255M	1.6%	$1294.49	$1186.84	—	PERP PFD CNV A	949746804
—	BANK AMER CORP	2,695	$3.519M	1.3%	$1305.75	$1170.79	—	7.25%CNV PFD L	060505682
—	ILLUMINA INC	2,200,000	$2.974M	1.1%	$1.35	$1.51	—	NOTE 0.500% 6/1	452327AH2
—	DANAHER CORPORATION	484,000	$2.442M	0.9%	$5.05	$2.26	—	DBCV 1/2	235851AF9
—	ON SEMICONDUCTOR CORP	814,000	$1.006M	0.4%	$1.24	$0.89	—	NOTE 1.000%12/0	682189AK1
—	NABORS INDS INC NEW	1,375,000	$978K	0.4%	$0.71	$0.78	—	NOTE 0.750% 1/1	62957HAB1