INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

CIK: 0001165830 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Jul 21, 2023

Total Value ($000): $160,935 (100.0% shares, 0.0% debt)

Holdings (16)

— ARES CAPITAL CORP 11.9%

Value ($000) $19,190 Shares 19,250,000 Est. Cost $1.10 Unrealized —

— EURONET WORLDWIDE INC 11.6%

Value ($000) $18,607 Shares 19,170,000 Est. Cost $0.99 Unrealized —

— WESTERN DIGITAL CORP. 11.2%

Value ($000) $18,036 Shares 18,603,000 Est. Cost $0.94 Unrealized —

— SOUTHWEST AIRLS CO 11.1%

Value ($000) $17,905 Shares 15,617,000 Est. Cost $1.26 Unrealized —

— BOOKING HOLDINGS INC 11.1%

Value ($000) $17,897 Shares 11,941,000 Est. Cost $1.41 Unrealized —

— ILLUMINA INC 10.9%

Value ($000) $17,620 Shares 17,744,000 Est. Cost $1.15 Unrealized —

— EXPEDIA GROUP INC 10.5%

Value ($000) $16,830 Shares 19,261,000 Est. Cost $1.21 Unrealized —

— AKAMAI TECHNOLOGIES INC 8.4%

Value ($000) $13,480 Shares 12,635,000 Est. Cost $1.21 Unrealized —

— ETSY INC 4.7%

Value ($000) $7,581 Shares 9,845,000 Est. Cost $0.74 Unrealized —

— PENNYMAC CORP 3.4%

Value ($000) $5,523 Shares 5,875,000 Est. Cost $0.99 Unrealized —

— BLACKSTONE MORTGAGE TRUST IN 3.2%

Value ($000) $5,126 Shares 6,000,000 Est. Cost $0.91 Unrealized —

— WELLS FARGO CO NEW 0.6%

Value ($000) $982 Shares 852 Est. Cost $1490.53 Unrealized —

— BANK AMERICA CORP 0.6%

Value ($000) $892 Shares 761 Est. Cost $1446.59 Unrealized —

— FORD MTR CO DEL 0.4%

Value ($000) $651 Shares 594,000 Est. Cost $1.18 Unrealized —

— VISHAY INTERTECHNOLOGY INC 0.2%

Value ($000) $328 Shares 300,000 Est. Cost $0.99 Unrealized —

— BLOCK INC 0.2%

Value ($000) $289 Shares 350,000 Est. Cost $0.89 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ARES CAPITAL CORP	19,250,000	$19,190	11.9%	$1.10	—	NOTE 4.625% 3/0	04010LAW3
—	EURONET WORLDWIDE INC	19,170,000	$18,607	11.6%	$0.99	—	NOTE 0.750% 3/1	298736AL3
—	WESTERN DIGITAL CORP.	18,603,000	$18,036	11.2%	$0.94	—	NOTE 1.500% 2/0	958102AP0
—	SOUTHWEST AIRLS CO	15,617,000	$17,905	11.1%	$1.26	—	NOTE 1.250% 5/0	844741BG2
—	BOOKING HOLDINGS INC	11,941,000	$17,897	11.1%	$1.41	—	NOTE 0.750% 5/0	09857LAN8
—	ILLUMINA INC	17,744,000	$17,620	10.9%	$1.15	—	NOTE 8/1	452327AK5
—	EXPEDIA GROUP INC	19,261,000	$16,830	10.5%	$1.21	—	NOTE 2/1	30212PBE4
—	AKAMAI TECHNOLOGIES INC	12,635,000	$13,480	8.4%	$1.21	—	NOTE 0.125% 5/0	00971TAJ0
—	ETSY INC	9,845,000	$7,581	4.7%	$0.74	—	NOTE 0.250% 6/1	29786AAN6
—	PENNYMAC CORP	5,875,000	$5,523	3.4%	$0.99	—	NOTE 5.500%11/0	70932AAD5
—	BLACKSTONE MORTGAGE TRUST IN	6,000,000	$5,126	3.2%	$0.91	—	NOTE 5.500% 3/1	09257WAE0
—	WELLS FARGO CO NEW	852	$982	0.6%	$1490.53	—	PERP PFD CNV A	949746804
—	BANK AMERICA CORP	761	$892	0.6%	$1446.59	—	7.25%CNV PFD L	060505682
—	FORD MTR CO DEL	594,000	$651	0.4%	$1.18	—	NOTE 3/1	345370CZ1
—	VISHAY INTERTECHNOLOGY INC	300,000	$328	0.2%	$0.99	—	NOTE 2.250% 6/1	928298AP3
—	BLOCK INC	350,000	$289	0.2%	$0.89	—	NOTE 5/0	852234AJ2