Holding Performance

1%-0% 2%-1% 3%-2% 4%-3% 5%-4% 6%-5%
Top 25 Holdings Portfolio Weight % Shares Owned Shares Change   Sector Mkt Cap (Mil) Total Ret YTD (Daily)  
Laureate Educ 144A 9.25% 1.13 8,740,000 0 --- 9.71 --
Intelsat Bermuda 11.5% 0.99 8,030,156 0 --- 8.53 --
Sprint Nextel 144A 9% 0.87 6,075,000 0 --- 7.51 --
Continental Resources 5% 0.86 6,950,000 0 --- 7.38 --
Fortescue Metals Group Ltd Term Loan 0.73 6,178,950 -12,800 --- 6.25 --
Sprint Nextel 8.375% 0.69 5,115,000 -150,000 --- 5.95 --
Windstream 7.75% 0.69 5,410,000 0 --- 5.90 --
Avaya 144A 10.5% 0.69 6,182,405 6,182,405 --- 5.89 --
Harrahs Oper 5.625% 0.65 6,100,000 0 --- 5.61 --
Express Llc/Express Fin 8.75% 0.65 5,145,000 0 --- 5.61 --
United Rentals North Amer 7.375% 0.64 4,950,000 4,950,000 --- 5.49 --
Metropcs Wireless 144A 6.625% 0.64 5,365,000 5,365,000 --- 5.47 --
Upcb Fin V 144A 7.25% 0.61 4,730,000 0 --- 5.23 --
Studio City Fin 144A 8.5% 0.60 4,725,000 0 --- 5.19 --
Convatec Healthcare E.S.A. 144A 10.5% 0.59 4,540,000 0 --- 5.05 --
Ssi Investments Ii 11.125% 0.57 4,375,000 0 --- 4.86 --
Amer Seafoods Grp 144A 10.75% 0.55 4,515,000 0 --- 4.76 --
Intelsat Bermuda 144A 7.75% 0.55 4,680,000 4,680,000 --- 4.76 --
Lyondellbasell Inds Nv 5% 0.55 4,180,000 -125,000 --- 4.72 --
Reynolds Grp Issuer 9.875% 0.55 4,305,000 0 --- 4.72 --
Hologic 6.25% 0.55 4,430,000 4,430,000 --- 4.71 --
Limited Brands 6.625% 0.54 4,135,000 0 --- 4.67 --
Jaguar Hldg Co Ii / Jaguar Mer 144A 9.5% 0.54 4,070,000 0 --- 4.67 --
Lonestar Inter Super Hldgs Llc Term Loan 0.54 4,300,000 0 --- 4.61 --
Sally Hldgs 5.75% 0.50 4,135,000 0 --- 4.32 --
YTD Return through 05-20-13| Portfolio Holdings as of 03-31-13