INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Jan 21, 2025

Total Value: $210M (100.0% shares, 0.0% debt)

Holdings (25)

— EXPEDIA GROUP INC 6.5%

Value $13.67M Shares 13,780,000 Share Price $0.99 Est. Cost/Share $1.21 Unrealized @ Report Date —

— ALLIANT ENERGY CORP 6.1%

Value $12.69M Shares 12,370,000 Share Price $1.03 Est. Cost/Share $0.98 Unrealized @ Report Date —

— PPL CAP FDG INC 5.9%

Value $12.41M Shares 11,900,000 Share Price $1.04 Est. Cost/Share $0.96 Unrealized @ Report Date —

— SOUTHWEST AIRLS CO 5.9%

Value $12.26M Shares 11,947,000 Share Price $1.03 Est. Cost/Share $1.26 Unrealized @ Report Date —

— NEW MTN FIN CORP 5.8%

Value $12.07M Shares 12,042,000 Share Price $1.00 Est. Cost/Share $1.02 Unrealized @ Report Date —

— EURONET WORLDWIDE INC 5.7%

Value $11.97M Shares 12,112,000 Share Price $0.99 Est. Cost/Share $0.99 Unrealized @ Report Date —

— CMS ENERGY CORP 5.5%

Value $11.49M Shares 11,100,000 Share Price $1.04 Est. Cost/Share $0.98 Unrealized @ Report Date —

— VENTAS RLTY LTD PARTNERSHIP 5.4%

Value $11.37M Shares 10,000,000 Share Price $1.14 Est. Cost/Share $1.05 Unrealized @ Report Date —

— DUKE ENERGY CORP NEW 5.3%

Value $11.02M Shares 10,755,000 Share Price $1.02 Est. Cost/Share $1.00 Unrealized @ Report Date —

— CENTERPOINT ENERGY INC 4.9%

Value $10.21M Shares 10,000,000 Share Price $1.02 Est. Cost/Share $1.01 Unrealized @ Report Date —

— AMERICAN WTR CAP CORP 4.7%

Value $9.87M Shares 10,000,000 Share Price $0.99 Est. Cost/Share $1.02 Unrealized @ Report Date —

— BOFA FIN LLC 4.3%

Value $8.942M Shares 8,780,000 Share Price $1.02 Est. Cost/Share $1.11 Unrealized @ Report Date —

— CAPITAL SOUTHWEST CORP 4.1%

Value $8.636M Shares 9,000,000 Share Price $0.96 Est. Cost/Share $0.96 Unrealized @ Report Date —

— FORD MTR CO 4.0%

Value $8.461M Shares 8,750,000 Share Price $0.97 Est. Cost/Share $0.99 Unrealized @ Report Date —

— ETSY INC 3.7%

Value $7.805M Shares 9,545,000 Share Price $0.82 Est. Cost/Share $0.74 Unrealized @ Report Date —

— ENVISTA HOLDINGS CORPORATION 3.6%

Value $7.603M Shares 8,500,000 Share Price $0.89 Est. Cost/Share $0.90 Unrealized @ Report Date —

— BOOKING HOLDINGS INC 3.4%

Value $7.095M Shares 2,689,000 Share Price $2.64 Est. Cost/Share $1.41 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 3.3%

Value $6.92M Shares 7,350,000 Share Price $0.94 Est. Cost/Share $0.96 Unrealized @ Report Date —

— EVERGY INC 2.6%

Value $5.428M Shares 5,000,000 Share Price $1.09 Est. Cost/Share $1.09 Unrealized @ Report Date —

TAXX BONDBLOXX ETF TRUST 2.4%

Value $5.037M Shares 100,000 Share Price $50.37 Est. Cost/Share $50.05 Unrealized @ Report Date +0.6%

— AKAMAI TECHNOLOGIES INC 2.4%

Value $4.977M Shares 4,706,000 Share Price $1.06 Est. Cost/Share $1.21 Unrealized @ Report Date —

— AKAMAI TECHNOLOGIES INC 2.3%

Value $4.912M Shares 4,900,000 Share Price $1.00 Est. Cost/Share $1.00 Unrealized @ Report Date —

— UBER TECHNOLOGIES INC 1.3%

Value $2.64M Shares 2,400,000 Share Price $1.10 Est. Cost/Share $1.10 Unrealized @ Report Date —

AGGS HARBOR ETF TRUST 1.0%

Value $2.026M Shares 50,000 Share Price $40.52 Est. Cost/Share $40.79 Unrealized @ Report Date -0.6%

— REALOGY GRP LLC/REALOGY CO 0.0%

Value $53,100 Shares 60,000 Share Price $0.89 Est. Cost/Share $0.89 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	EXPEDIA GROUP INC	13,780,000	$13.67M	6.5%	$0.99	$1.21	—	NOTE 2/1	30212PBE4
—	ALLIANT ENERGY CORP	12,370,000	$12.69M	6.1%	$1.03	$0.98	—	NOTE 3.875% 3/1	018802AC2
—	PPL CAP FDG INC	11,900,000	$12.41M	5.9%	$1.04	$0.96	—	NOTE 2.875% 3/1	69352PAS2
—	SOUTHWEST AIRLS CO	11,947,000	$12.26M	5.9%	$1.03	$1.26	—	NOTE 1.250% 5/0	844741BG2
—	NEW MTN FIN CORP	12,042,000	$12.07M	5.8%	$1.00	$1.02	—	NOTE 7.500%10/1	647551AE0
—	EURONET WORLDWIDE INC	12,112,000	$11.97M	5.7%	$0.99	$0.99	—	NOTE 0.750% 3/1	298736AL3
—	CMS ENERGY CORP	11,100,000	$11.49M	5.5%	$1.04	$0.98	—	NOTE 3.375% 5/0	125896BX7
—	VENTAS RLTY LTD PARTNERSHIP	10,000,000	$11.37M	5.4%	$1.14	$1.05	—	NOTE 3.750% 6/0	92277GAZ0
—	DUKE ENERGY CORP NEW	10,755,000	$11.02M	5.3%	$1.02	$1.00	—	NOTE 4.125% 4/1	26441CBY0
—	CENTERPOINT ENERGY INC	10,000,000	$10.21M	4.9%	$1.02	$1.01	—	NOTE 4.250% 8/1	15189TBD8
—	AMERICAN WTR CAP CORP	10,000,000	$9.87M	4.7%	$0.99	$1.02	—	NOTE 3.625% 6/1	03040WBE4
—	BOFA FIN LLC	8,780,000	$8.942M	4.3%	$1.02	$1.11	—	MTNF 0.600% 5/2	09709UV70
—	CAPITAL SOUTHWEST CORP	9,000,000	$8.636M	4.1%	$0.96	$0.96	—	NOTE 5.125%11/1	140501AE7
—	FORD MTR CO	8,750,000	$8.461M	4.0%	$0.97	$0.99	—	NOTE 3/1	345370CZ1
—	ETSY INC	9,545,000	$7.805M	3.7%	$0.82	$0.74	—	NOTE 0.250% 6/1	29786AAN6
—	ENVISTA HOLDINGS CORPORATION	8,500,000	$7.603M	3.6%	$0.89	$0.90	—	NOTE 1.750% 8/1	29415FAD6
—	BOOKING HOLDINGS INC	2,689,000	$7.095M	3.4%	$2.64	$1.41	—	NOTE 0.750% 5/0	09857LAN8
—	ON SEMICONDUCTOR CORP	7,350,000	$6.92M	3.3%	$0.94	$0.96	—	NOTE 0.500% 3/0	682189AU9
—	EVERGY INC	5,000,000	$5.428M	2.6%	$1.09	$1.09	—	NOTE 4.500%12/1	30034WAD8
TAXX	BONDBLOXX ETF TRUST	100,000	$5.037M	2.4%	$50.37	$50.05	+0.6%	IR M TAXAWARE	09789C721
—	AKAMAI TECHNOLOGIES INC	4,706,000	$4.977M	2.4%	$1.06	$1.21	—	NOTE 0.125% 5/0	00971TAJ0
—	AKAMAI TECHNOLOGIES INC	4,900,000	$4.912M	2.3%	$1.00	$1.00	—	NOTE 0.375% 9/0	00971TAL5
—	UBER TECHNOLOGIES INC	2,400,000	$2.64M	1.3%	$1.10	$1.10	—	NOTE 0.875%12/0	90353TAM2
AGGS	HARBOR ETF TRUST	50,000	$2.026M	1.0%	$40.52	$40.79	-0.6%	DISCIPLINED BOND	41151J794
—	REALOGY GRP LLC/REALOGY CO	60,000	$53,100	0.0%	$0.89	$0.89	—	NOTE 0.250% 6/1	75606DAP6