INCOME RESEARCH & MANAGEMENT
CIK 0001165830
Annualised vol
13.661083%
Beta
0.56861
HHI
412.501505
Top-10 weight
51.582572%
VaR 95%
1.287072%
VaR 99%
2.16112%
Max drawdown
25.559774%
Matched value
70.473096%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| EEFT | UNCHANGED | 12,112,000 | 12,112,000 | 0.0% | 10,265,626 |
| UBER | UNCHANGED | 8,560,000 | 8,560,000 | 0.0% | 10,237,760 |
| LNT | NEW | 9,000,000 | - | - | 9,903,640 |
| WEC | NEW | 9,265,000 | - | - | 9,617,070 |
| CSWC | REDUCED | 9,227,000 | 10,127,000 | -8.89% | 9,596,080 |
| SO | NEW | 9,340,000 | - | - | 9,438,683 |
| XYZ | REDUCED | 9,425,000 | 10,325,000 | -8.72% | 8,930,188 |
| ON | REDUCED | 7,200,000 | 10,280,000 | -29.96% | 8,676,000 |
| AKAM | REDUCED | 6,518,000 | 10,068,000 | -35.26% | 7,810,799 |
| MCHP | UNCHANGED | 6,978,000 | 6,978,000 | 0.0% | 7,671,492 |
| NVST | REDUCED | 7,345,000 | 8,715,000 | -15.72% | 7,349,399 |
| ETSY | REDUCED | 7,632,000 | 8,647,000 | -11.74% | 6,993,347 |
| FE | NEW | 6,115,000 | - | - | 6,737,355 |
| MTH | UNCHANGED | 6,215,000 | 6,215,000 | 0.0% | 6,404,558 |
| EVRG | REDUCED | 3,722,000 | 4,322,000 | -13.88% | 5,294,173 |
| DXCM | REDUCED | 5,451,000 | 6,101,000 | -10.65% | 5,083,058 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | BOFA FIN LLC | MTNF 0.600% 5/2 | 09709UV70 | 10,684,020 | 5.79 | 8503000.0 | |
| EEFT | UNCHANGED | EURONET WORLDWIDE INC | NOTE 0.750% 3/1 | 298736AL3 | 10,265,626 | 5.56 | 1.2112E7 |
| UBER | UNCHANGED | UBER TECHNOLOGIES INC | NOTE 0.875%12/0 | 90353TAM2 | 10,237,760 | 5.55 | 8560000.0 |
| LNT | NEW | ALLIANT ENERGY CORP | NOTE 3.250% 5/3 | 018802AE8 | 9,903,640 | 5.37 | 9000000.0 |
| WEC | NEW | WEC ENERGY GROUP INC | NOTE 3.375% 6/0 | 92939UAT3 | 9,617,070 | 5.21 | 9265000.0 |
| CSWC | REDUCED | CAPITAL SOUTHWEST CORP | NOTE 5.125%11/1 | 140501AE7 | 9,596,080 | 5.2 | 9227000.0 |
| SO | NEW | SOUTHERN CO | NOTE 3.250% 6/1 | 842587ED5 | 9,438,683 | 5.12 | 9340000.0 |
| XYZ | REDUCED | BLOCK INC | NOTE 0.250%11/0 | 852234AK9 | 8,930,188 | 4.84 | 9425000.0 |
| ON | REDUCED | ON SEMICONDUCTOR CORP | NOTE 0.500% 3/0 | 682189AU9 | 8,676,000 | 4.7 | 7200000.0 |
| AKAM | REDUCED | AKAMAI TECHNOLOGIES INC | NOTE 0.375% 9/0 | 00971TAL5 | 7,810,799 | 4.23 | 6518000.0 |
| MCHP | UNCHANGED | MICROCHIP TECHNOLOGY INC. | NOTE 0.750% 6/0 | 595017BG8 | 7,671,492 | 4.16 | 6978000.0 |
| NVST | REDUCED | ENVISTA HOLDINGS CORPORATION | NOTE 1.750% 8/1 | 29415FAD6 | 7,349,399 | 3.98 | 7345000.0 |
| - | GLOBAL PMTS INC | NOTE 1.500% 3/0 | 37940XAU6 | 7,027,425 | 3.81 | 7830000.0 | |
| - | NEXTERA ENERGY CAP HLDGS INC | NOTE 3.000% 3/0 | 65339KCY4 | 6,725,120 | 3.65 | 5120000.0 | |
| MTH | UNCHANGED | MERITAGE HOMES CORP | NOTE 1.750% 5/1 | 59001ABF8 | 6,404,558 | 3.47 | 6215000.0 |
| ETSY | REDUCED | ETSY INC | NOTE 0.250% 6/1 | 29786AAN6 | 6,293,085 | 3.41 | 6892000.0 |
| EVRG | REDUCED | EVERGY INC | NOTE 4.500%12/1 | 30034WAD8 | 5,294,173 | 2.87 | 3722000.0 |
| - | BONDBLOXX ETF TRUST | IR M TAX AWARE | 09789C663 | 5,085,030 | 2.76 | 100000.0 | |
| DXCM | REDUCED | DEXCOM INC | NOTE 0.375% 5/1 | 252131AM9 | 5,083,058 | 2.76 | 5451000.0 |
| - | BONDBLOXX ETF TRUST | IR M TAX AWARE | 09789C697 | 5,048,500 | 2.74 | 100000.0 | |
| - | BONDBLOXX ETF TRUST | IR M TAXAWARE | 09789C721 | 4,921,780 | 2.67 | 97000.0 | |
| - | GLADSTONE CAP CORP | NOTE 5.875%10/0 | 376535AG5 | 4,643,429 | 2.52 | 4830000.0 | |
| FE | NEW | FIRSTENERGY CORP | NOTE 3.875% 1/1 | 337932AV9 | 3,730,272 | 2.02 | 3360000.0 |
| - | PINNACLE WEST CAP CORP | NOTE 4.750% 6/1 | 723484AK7 | 3,611,707 | 1.96 | 3031000.0 | |
| - | HAEMONETICS CORP MASS | NOTE 2.500% 6/0 | 405024AD2 | 3,305,316 | 1.79 | 3270000.0 | |
| FE | NEW | FIRSTENERGY CORP | NOTE 3.625% 1/1 | 337932AT4 | 3,007,083 | 1.63 | 2755000.0 |
| - | HARBOR ETF TRUST | DISCI BD ETF | 41151J794 | 2,044,750 | 1.11 | 50000.0 | |
| - | WELLS FARGO & CO | PERP PFD CNV A | 949746804 | 929,029 | 0.5 | 803.0 | |
| ETSY | REDUCED | ETSY INC | NOTE 0.125% 9/0 | 29786AAL0 | 700,262 | 0.38 | 740000.0 |
| - | BANK OF AMER CORP | 7.25%CNV PFD L | 060505682 | 445,319 | 0.24 | 355.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-07-24 | 184,480,653 | 30 | 13.661083 | 0.56861 | 25.559774 |
| 2026-03-31 | 2026-04-17 | 168,613,298 | 26 | 14.293052 | 0.58329 | 25.444886 |
| 2025-12-31 | 2026-01-20 | 190,387,306 | 32 | 12.771222 | 0.527286 | 24.384825 |
| 2025-09-30 | 2025-10-16 | 204,451,531 | 35 | 11.936404 | 0.494546 | 23.061701 |
| 2025-03-31 | 2025-04-22 | 234,833,755 | 27 | 9.863676 | 0.376659 | 22.783725 |
| 2024-12-31 | 2025-01-21 | 209,584,560 | 25 | 11.27579 | 0.434493 | 25.670437 |