INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Name: INCOME RESEARCH & MANAGEMENT Q3 2026 13F Filing | 13F Explorer
Creator: INCOME RESEARCH & MANAGEMENT
Published: 2026-10-21

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q3 2026 (← Previous)

Filing Date: Oct 21, 2026

Total Value: $164M (100.0% shares, 0.0% debt)

Holdings (33)

New Positions (3)

— CENTERPOINT ENERGY INC 3.2%

Value $5.218M Shares 5,315,000 Share Price $0.98 Est. Cost/Share $0.98 Unrealized @ Report Date —

— AVNET INC 2.8%

Value $4.616M Shares 3,050,000 Share Price $1.51 Est. Cost/Share $1.51 Unrealized @ Report Date —

— EURONET WORLDWIDE INC 0.6%

Value $981K Shares 1,150,000 Share Price $0.85 Est. Cost/Share $0.85 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	CENTERPOINT ENERGY INC	5,315,000	$5.218M	3.2%	$0.98	$0.98	—	NOTE 3.000% 8/0	15189TBR7
—	AVNET INC	3,050,000	$4.616M	2.8%	$1.51	$1.51	—	NOTE 1.750% 9/0	053807AZ6
—	EURONET WORLDWIDE INC	1,150,000	$981K	0.6%	$0.85	$0.85	—	NOTE 0.625%10/0	298736AN9

Increased Positions (1)

— ETSY INC 0.5%

Value $823K (+17.5%) Shares 865,000 (+16.9%) Share Price $0.95 Est. Cost/Share $0.94 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	ETSY INC	865,000 (+16.9%)	$823K (+17.5%)	0.5%	$0.95	$0.94	—	NOTE 0.125% 9/0	29786AAL0

Decreased Positions (19)

— SOUTHERN CO 3.1%

Value $5.134M (-45.6%) Shares 5,290,000 (-43.4%) Share Price $0.97 Est. Cost/Share $1.01 Unrealized @ Report Date —

— EURONET WORLDWIDE INC 3.9%

Value $6.303M (-38.6%) Shares 7,212,000 (-40.5%) Share Price $0.87 Est. Cost/Share $0.99 Unrealized @ Report Date —

— NEXTERA ENERGY CAP HLDGS INC 2.8%

Value $4.636M (-31.1%) Shares 4,090,000 (-20.1%) Share Price $1.13 Est. Cost/Share $1.16 Unrealized @ Report Date —

— ALLIANT ENERGY CORP 4.8%

Value $7.872M (-20.5%) Shares 7,900,000 (-12.2%) Share Price $1.00 Est. Cost/Share $1.10 Unrealized @ Report Date —

— CAPITAL SOUTHWEST CORP 4.7%

Value $7.676M (-20.0%) Shares 7,427,000 (-19.5%) Share Price $1.03 Est. Cost/Share $0.96 Unrealized @ Report Date —

— UBER TECHNOLOGIES INC 5.1%

Value $8.357M (-18.4%) Shares 7,310,000 (-14.6%) Share Price $1.14 Est. Cost/Share $1.19 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 4.2%

Value $6.934M (-20.1%) Shares 6,560,000 (-8.9%) Share Price $1.06 Est. Cost/Share $0.94 Unrealized @ Report Date —

— AKAMAI TECHNOLOGIES INC 3.8%

Value $6.241M (-20.1%) Shares 5,618,000 (-13.8%) Share Price $1.11 Est. Cost/Share $0.99 Unrealized @ Report Date —

— WEC ENERGY GROUP INC 5.0%

Value $8.168M (-15.1%) Shares 8,290,000 (-10.5%) Share Price $0.99 Est. Cost/Share $1.04 Unrealized @ Report Date —

— MICROCHIP TECHNOLOGY INC. 3.9%

Value $6.332M (-17.5%) Shares 6,213,000 (-11.0%) Share Price $1.02 Est. Cost/Share $0.98 Unrealized @ Report Date —

— EVERGY INC 2.5%

Value $4.152M (-21.6%) Shares 3,242,000 (-12.9%) Share Price $1.28 Est. Cost/Share $1.09 Unrealized @ Report Date —

— ENVISTA HOLDINGS CORPORATION 3.8%

Value $6.217M (-15.4%) Shares 6,490,000 (-11.6%) Share Price $0.96 Est. Cost/Share $0.91 Unrealized @ Report Date —

— BOFA FIN LLC 5.9%

Value $9.594M (-10.2%) Shares 6,843,000 (-19.5%) Share Price $1.40 Est. Cost/Share $1.10 Unrealized @ Report Date —

— ETSY INC 3.2%

Value $5.293M (-15.9%) Shares 5,792,000 (-16.0%) Share Price $0.91 Est. Cost/Share $0.74 Unrealized @ Report Date —

— MERITAGE HOMES CORP 3.3%

Value $5.467M (-14.6%) Shares 5,715,000 (-8.0%) Share Price $0.96 Est. Cost/Share $0.97 Unrealized @ Report Date —

— GLOBAL PMTS INC 3.8%

Value $6.154M (-12.4%) Shares 6,930,000 (-11.5%) Share Price $0.89 Est. Cost/Share $0.94 Unrealized @ Report Date —

— FIRSTENERGY CORP 1.8%

Value $2.927M (-21.5%) Shares 2,835,000 (-15.6%) Share Price $1.03 Est. Cost/Share $1.11 Unrealized @ Report Date —

— BLOCK INC 5.0%

Value $8.13M (-9.0%) Shares 8,580,000 (-9.0%) Share Price $0.95 Est. Cost/Share $0.90 Unrealized @ Report Date —

— HAEMONETICS CORP MASS 1.8%

Value $2.92M (-11.7%) Shares 2,570,000 (-21.4%) Share Price $1.14 Est. Cost/Share $0.99 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	SOUTHERN CO	5,290,000 (-43.4%)	$5.134M (-45.6%)	3.1%	$0.97	$1.01	—	NOTE 3.250% 6/1	842587ED5
—	EURONET WORLDWIDE INC	7,212,000 (-40.5%)	$6.303M (-38.6%)	3.9%	$0.87	$0.99	—	NOTE 0.750% 3/1	298736AL3
—	NEXTERA ENERGY CAP HLDGS INC	4,090,000 (-20.1%)	$4.636M (-31.1%)	2.8%	$1.13	$1.16	—	NOTE 3.000% 3/0	65339KCY4
—	ALLIANT ENERGY CORP	7,900,000 (-12.2%)	$7.872M (-20.5%)	4.8%	$1.00	$1.10	—	NOTE 3.250% 5/3	018802AE8
—	CAPITAL SOUTHWEST CORP	7,427,000 (-19.5%)	$7.676M (-20.0%)	4.7%	$1.03	$0.96	—	NOTE 5.125%11/1	140501AE7
—	UBER TECHNOLOGIES INC	7,310,000 (-14.6%)	$8.357M (-18.4%)	5.1%	$1.14	$1.19	—	NOTE 0.875%12/0	90353TAM2
—	ON SEMICONDUCTOR CORP	6,560,000 (-8.9%)	$6.934M (-20.1%)	4.2%	$1.06	$0.94	—	NOTE 0.500% 3/0	682189AU9
—	AKAMAI TECHNOLOGIES INC	5,618,000 (-13.8%)	$6.241M (-20.1%)	3.8%	$1.11	$0.99	—	NOTE 0.375% 9/0	00971TAL5
—	WEC ENERGY GROUP INC	8,290,000 (-10.5%)	$8.168M (-15.1%)	5.0%	$0.99	$1.04	—	NOTE 3.375% 6/0	92939UAT3
—	MICROCHIP TECHNOLOGY INC.	6,213,000 (-11.0%)	$6.332M (-17.5%)	3.9%	$1.02	$0.98	—	NOTE 0.750% 6/0	595017BG8
—	EVERGY INC	3,242,000 (-12.9%)	$4.152M (-21.6%)	2.5%	$1.28	$1.09	—	NOTE 4.500%12/1	30034WAD8
—	ENVISTA HOLDINGS CORPORATION	6,490,000 (-11.6%)	$6.217M (-15.4%)	3.8%	$0.96	$0.91	—	NOTE 1.750% 8/1	29415FAD6
—	BOFA FIN LLC	6,843,000 (-19.5%)	$9.594M (-10.2%)	5.9%	$1.40	$1.10	—	MTNF 0.600% 5/2	09709UV70
—	ETSY INC	5,792,000 (-16.0%)	$5.293M (-15.9%)	3.2%	$0.91	$0.74	—	NOTE 0.250% 6/1	29786AAN6
—	MERITAGE HOMES CORP	5,715,000 (-8.0%)	$5.467M (-14.6%)	3.3%	$0.96	$0.97	—	NOTE 1.750% 5/1	59001ABF8
—	GLOBAL PMTS INC	6,930,000 (-11.5%)	$6.154M (-12.4%)	3.8%	$0.89	$0.94	—	NOTE 1.500% 3/0	37940XAU6
—	FIRSTENERGY CORP	2,835,000 (-15.6%)	$2.927M (-21.5%)	1.8%	$1.03	$1.11	—	NOTE 3.875% 1/1	337932AV9
—	BLOCK INC	8,580,000 (-9.0%)	$8.13M (-9.0%)	5.0%	$0.95	$0.90	—	NOTE 0.250%11/0	852234AK9
—	HAEMONETICS CORP MASS	2,570,000 (-21.4%)	$2.92M (-11.7%)	1.8%	$1.14	$0.99	—	NOTE 2.500% 6/0	405024AD2

Unchanged Positions (10)

— PINNACLE WEST CAP CORP 2.0%

Value $3.214M Shares 3,031,000 Share Price $1.06 Est. Cost/Share $1.08 Unrealized @ Report Date —

TAXM BONDBLOXX ETF TRUST 2.9%

Value $4.737M Shares 100,000 Share Price $47.37 Est. Cost/Share $49.78 Unrealized @ Report Date -4.8%

TXXI BONDBLOXX ETF TRUST 2.9%

Value $4.789M Shares 100,000 Share Price $47.89 Est. Cost/Share $49.82 Unrealized @ Report Date -3.9%

— FIRSTENERGY CORP 1.7%

Value $2.828M Shares 2,755,000 Share Price $1.03 Est. Cost/Share $1.09 Unrealized @ Report Date —

AGGS HARBOR ETF TRUST 1.2%

Value $1.95M Shares 50,000 Share Price $38.99 Est. Cost/Share $40.79 Unrealized @ Report Date -4.4%

TAXX BONDBLOXX ETF TRUST 3.0%

Value $4.835M Shares 97,000 Share Price $49.85 Est. Cost/Share $50.05 Unrealized @ Report Date -0.4%

— DEXCOM INC 3.2%

Value $5.154M Shares 5,451,000 Share Price $0.95 Est. Cost/Share $0.94 Unrealized @ Report Date —

— WELLS FARGO & CO 0.5%

Value $865K Shares 803 Share Price $1077.15 Est. Cost/Share $1195.25 Unrealized @ Report Date —

— BANK OF AMER CORP 0.3%

Value $433K Shares 355 Share Price $1220.09 Est. Cost/Share $1213.79 Unrealized @ Report Date —

— GLADSTONE CAP CORP 2.8%

Value $4.642M Shares 4,830,000 Share Price $0.96 Est. Cost/Share $0.99 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	PINNACLE WEST CAP CORP	3,031,000	$3.214M	2.0%	$1.06	$1.08	—	NOTE 4.750% 6/1	723484AK7
TAXM	BONDBLOXX ETF TRUST	100,000	$4.737M	2.9%	$47.37	$49.78	-4.8%	IR M TAX AWARE	09789C697
TXXI	BONDBLOXX ETF TRUST	100,000	$4.789M	2.9%	$47.89	$49.82	-3.9%	IR M TAX AWARE	09789C663
—	FIRSTENERGY CORP	2,755,000	$2.828M	1.7%	$1.03	$1.09	—	NOTE 3.625% 1/1	337932AT4
AGGS	HARBOR ETF TRUST	50,000	$1.95M	1.2%	$38.99	$40.79	-4.4%	DISCI BD ETF	41151J794
TAXX	BONDBLOXX ETF TRUST	97,000	$4.835M	3.0%	$49.85	$50.05	-0.4%	IR M TAXAWARE	09789C721
—	DEXCOM INC	5,451,000	$5.154M	3.2%	$0.95	$0.94	—	NOTE 0.375% 5/1	252131AM9
—	WELLS FARGO & CO	803	$865K	0.5%	$1077.15	$1195.25	—	PERP PFD CNV A	949746804
—	BANK OF AMER CORP	355	$433K	0.3%	$1220.09	$1213.79	—	7.25%CNV PFD L	060505682
—	GLADSTONE CAP CORP	4,830,000	$4.642M	2.8%	$0.96	$0.99	—	NOTE 5.875%10/0	376535AG5