INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

CIK: 0001165830 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: Apr 20, 2023

Total Value ($000): $193,614 (100.0% shares, 0.0% debt)

Holdings (17)

— BOOKING HOLDINGS INC 11.8%

Value ($000) $22,784 Shares 15,216,000 Est. Cost $1.41 Unrealized —

— WESTERN DIGITAL CORP. 11.2%

Value ($000) $21,594 Shares 22,400,000 Est. Cost $0.94 Unrealized —

— ARES CAPITAL CORP 10.4%

Value ($000) $20,138 Shares 20,000,000 Est. Cost $1.10 Unrealized —

— EURONET WORLDWIDE INC 10.1%

Value ($000) $19,462 Shares 20,220,000 Est. Cost $0.99 Unrealized —

— SOUTHWEST AIRLS CO 9.5%

Value ($000) $18,434 Shares 16,227,000 Est. Cost $1.26 Unrealized —

— EXPEDIA GROUP INC 9.4%

Value ($000) $18,263 Shares 20,400,000 Est. Cost $1.21 Unrealized —

— ILLUMINA INC 9.4%

Value ($000) $18,143 Shares 18,609,000 Est. Cost $1.15 Unrealized —

— HOPE BANCORP INC 8.2%

Value ($000) $15,801 Shares 16,332,000 Est. Cost $0.97 Unrealized —

— AKAMAI TECHNOLOGIES INC 6.9%

Value ($000) $13,437 Shares 13,366,000 Est. Cost $1.21 Unrealized —

— ETSY INC 4.5%

Value ($000) $8,666 Shares 10,500,000 Est. Cost $0.74 Unrealized —

— PENNYMAC CORP 3.1%

Value ($000) $6,078 Shares 6,500,000 Est. Cost $0.99 Unrealized —

— BLACKSTONE MORTGAGE TRUST IN 2.5%

Value ($000) $4,744 Shares 6,000,000 Est. Cost $0.91 Unrealized —

— WELLS FARGO CO NEW 0.8%

Value ($000) $1,642 Shares 1,425 Est. Cost $1490.53 Unrealized —

— BANK AMERICA CORP 0.8%

Value ($000) $1,502 Shares 1,292 Est. Cost $1446.59 Unrealized —

— FORD MTR CO DEL 0.8%

Value ($000) $1,499 Shares 1,500,000 Est. Cost $1.18 Unrealized —

— BLOCK INC 0.4%

Value ($000) $734 Shares 900,000 Est. Cost $0.89 Unrealized —

— VISHAY INTERTECHNOLOGY INC 0.4%

Value ($000) $695 Shares 700,000 Est. Cost $0.99 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	BOOKING HOLDINGS INC	15,216,000	$22,784	11.8%	$1.41	—	NOTE 0.750% 5/0	09857LAN8
—	WESTERN DIGITAL CORP.	22,400,000	$21,594	11.2%	$0.94	—	NOTE 1.500% 2/0	958102AP0
—	ARES CAPITAL CORP	20,000,000	$20,138	10.4%	$1.10	—	NOTE 4.625% 3/0	04010LAW3
—	EURONET WORLDWIDE INC	20,220,000	$19,462	10.1%	$0.99	—	NOTE 0.750% 3/1	298736AL3
—	SOUTHWEST AIRLS CO	16,227,000	$18,434	9.5%	$1.26	—	NOTE 1.250% 5/0	844741BG2
—	EXPEDIA GROUP INC	20,400,000	$18,263	9.4%	$1.21	—	NOTE 2/1	30212PBE4
—	ILLUMINA INC	18,609,000	$18,143	9.4%	$1.15	—	NOTE 8/1	452327AK5
—	HOPE BANCORP INC	16,332,000	$15,801	8.2%	$0.97	—	NOTE 2.000% 5/1	43940TAB5
—	AKAMAI TECHNOLOGIES INC	13,366,000	$13,437	6.9%	$1.21	—	NOTE 0.125% 5/0	00971TAJ0
—	ETSY INC	10,500,000	$8,666	4.5%	$0.74	—	NOTE 0.250% 6/1	29786AAN6
—	PENNYMAC CORP	6,500,000	$6,078	3.1%	$0.99	—	NOTE 5.500%11/0	70932AAD5
—	BLACKSTONE MORTGAGE TRUST IN	6,000,000	$4,744	2.5%	$0.91	—	NOTE 5.500% 3/1	09257WAE0
—	WELLS FARGO CO NEW	1,425	$1,642	0.8%	$1490.53	—	PERP PFD CNV A	949746804
—	BANK AMERICA CORP	1,292	$1,502	0.8%	$1446.59	—	7.25%CNV PFD L	060505682
—	FORD MTR CO DEL	1,500,000	$1,499	0.8%	$1.18	—	NOTE 3/1	345370CZ1
—	BLOCK INC	900,000	$734	0.4%	$0.89	—	NOTE 5/0	852234AJ2
—	VISHAY INTERTECHNOLOGY INC	700,000	$695	0.4%	$0.99	—	NOTE 2.250% 6/1	928298AP3