INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: Apr 22, 2022

Total Value: $253M (100.0% shares, 0.0% debt)

Holdings (22)

— SIXTH STREET SPECIALTY LENDI 10.1%

Value $25.46M Shares 20,583,000 Share Price $1.24 Est. Cost/Share $1.02 Unrealized @ Report Date —

— PIONEER NAT RES CO 9.9%

Value $24.92M Shares 10,494,000 Share Price $2.37 Est. Cost/Share $1.60 Unrealized @ Report Date —

— EXPEDIA GROUP INC 9.6%

Value $24.2M Shares 19,900,000 Share Price $1.22 Est. Cost/Share $1.22 Unrealized @ Report Date —

— ARES CAPITAL CORP 8.9%

Value $22.58M Shares 20,000,000 Share Price $1.13 Est. Cost/Share $1.10 Unrealized @ Report Date —

— EURONET WORLDWIDE INC 8.9%

Value $22.5M Shares 20,220,000 Share Price $1.11 Est. Cost/Share $0.99 Unrealized @ Report Date —

— SOUTHWEST AIRLS CO 8.7%

Value $22.02M Shares 16,227,000 Share Price $1.36 Est. Cost/Share $1.26 Unrealized @ Report Date —

— BOOKING HOLDINGS INC 8.7%

Value $21.96M Shares 15,216,000 Share Price $1.44 Est. Cost/Share $1.41 Unrealized @ Report Date —

— WESTERN DIGITAL CORP. 8.6%

Value $21.62M Shares 22,400,000 Share Price $0.96 Est. Cost/Share $0.94 Unrealized @ Report Date —

— ILLUMINA INC 8.0%

Value $20.34M Shares 18,609,000 Share Price $1.09 Est. Cost/Share $1.15 Unrealized @ Report Date —

— AKAMAI TECHNOLOGIES INC 5.0%

Value $12.75M Shares 9,701,000 Share Price $1.31 Est. Cost/Share $1.25 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 4.7%

Value $11.76M Shares 12,028,000 Share Price $0.98 Est. Cost/Share $1.00 Unrealized @ Report Date —

— SUPERNUS PHARMACEUTICALS 2.9%

Value $7.355M Shares 7,500,000 Share Price $0.98 Est. Cost/Share $0.98 Unrealized @ Report Date —

— PENNYMAC CORP 2.5%

Value $6.431M Shares 6,500,000 Share Price $0.99 Est. Cost/Share $0.99 Unrealized @ Report Date —

— WELLS FARGO CO NEW 0.7%

Value $1.856M Shares 1,425 Share Price $1302.46 Est. Cost/Share $1490.53 Unrealized @ Report Date —

— FORD MTR CO DEL 0.7%

Value $1.773M Shares 1,500,000 Share Price $1.18 Est. Cost/Share $1.18 Unrealized @ Report Date —

— BK OF AMERICA CORP 0.7%

Value $1.695M Shares 1,292 Share Price $1311.92 Est. Cost/Share $1446.59 Unrealized @ Report Date —

— BLACKROCK CAP INVT CORP 0.3%

Value $845K Shares 840,000 Share Price $1.01 Est. Cost/Share $1.01 Unrealized @ Report Date —

— MERITOR INC 0.2%

Value $608K Shares 555,000 Share Price $1.10 Est. Cost/Share $1.10 Unrealized @ Report Date —

— BLOCK INC 0.2%

Value $601K Shares 650,000 Share Price $0.92 Est. Cost/Share $0.92 Unrealized @ Report Date —

— STARWOOD PPTY TR INC 0.2%

Value $592K Shares 580,000 Share Price $1.02 Est. Cost/Share $1.02 Unrealized @ Report Date —

— BLACKSTONE MORTGAGE TRUST IN 0.2%

Value $506K Shares 500,000 Share Price $1.01 Est. Cost/Share $1.01 Unrealized @ Report Date —

— HANNON ARMSTRONG SUST INFR C 0.2%

Value $389K Shares 355,000 Share Price $1.10 Est. Cost/Share $1.20 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	SIXTH STREET SPECIALTY LENDI	20,583,000	$25.46M	10.1%	$1.24	$1.02	—	NOTE 4.500% 8/0	87265KAD4
—	PIONEER NAT RES CO	10,494,000	$24.92M	9.9%	$2.37	$1.60	—	NOTE 0.250% 5/1	723787AP2
—	EXPEDIA GROUP INC	19,900,000	$24.2M	9.6%	$1.22	$1.22	—	NOTE 2/1	30212PBE4
—	ARES CAPITAL CORP	20,000,000	$22.58M	8.9%	$1.13	$1.10	—	NOTE 4.625% 3/0	04010LAW3
—	EURONET WORLDWIDE INC	20,220,000	$22.5M	8.9%	$1.11	$0.99	—	NOTE 0.750% 3/1	298736AL3
—	SOUTHWEST AIRLS CO	16,227,000	$22.02M	8.7%	$1.36	$1.26	—	NOTE 1.250% 5/0	844741BG2
—	BOOKING HOLDINGS INC	15,216,000	$21.96M	8.7%	$1.44	$1.41	—	NOTE 0.750% 5/0	09857LAN8
—	WESTERN DIGITAL CORP.	22,400,000	$21.62M	8.6%	$0.96	$0.94	—	NOTE 1.500% 2/0	958102AP0
—	ILLUMINA INC	18,609,000	$20.34M	8.0%	$1.09	$1.15	—	NOTE 8/1	452327AK5
—	AKAMAI TECHNOLOGIES INC	9,701,000	$12.75M	5.0%	$1.31	$1.25	—	NOTE 0.125% 5/0	00971TAJ0
—	TEVA PHARMACEUTICAL FIN LLC	12,028,000	$11.76M	4.7%	$0.98	$1.00	—	DBCV 0.250% 2/0	88163VAE9
—	SUPERNUS PHARMACEUTICALS	7,500,000	$7.355M	2.9%	$0.98	$0.98	—	NOTE 0.625% 4/0	868459AD0
—	PENNYMAC CORP	6,500,000	$6.431M	2.5%	$0.99	$0.99	—	NOTE 5.500%11/0	70932AAD5
—	WELLS FARGO CO NEW	1,425	$1.856M	0.7%	$1302.46	$1490.53	—	PERP PFD CNV A	949746804
—	FORD MTR CO DEL	1,500,000	$1.773M	0.7%	$1.18	$1.18	—	NOTE 3/1	345370CZ1
—	BK OF AMERICA CORP	1,292	$1.695M	0.7%	$1311.92	$1446.59	—	7.25%CNV PFD L	060505682
—	BLACKROCK CAP INVT CORP	840,000	$845K	0.3%	$1.01	$1.01	—	NOTE 5.000% 6/1	092533AC2
—	MERITOR INC	555,000	$608K	0.2%	$1.10	$1.10	—	NOTE 3.250%10/1	59001KAF7
—	BLOCK INC	650,000	$601K	0.2%	$0.92	$0.92	—	NOTE 5/0	852234AJ2
—	STARWOOD PPTY TR INC	580,000	$592K	0.2%	$1.02	$1.02	—	NOTE 4.375% 4/0	85571BAH8
—	BLACKSTONE MORTGAGE TRUST IN	500,000	$506K	0.2%	$1.01	$1.01	—	NOTE 4.750% 3/1	09257WAC4
—	HANNON ARMSTRONG SUST INFR C	355,000	$389K	0.2%	$1.10	$1.20	—	NOTE 8/1	41068XAD2