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)  
Icahn Enterprises Lp/Corp 8% 2.68 22,870,000 810,000 --- 24.50 --
Upcb Fin Iii 144A 6.625% 1.84 15,775,000 0 --- 16.84 --
Covanta Hldg 7.25% 1.82 15,100,000 0 --- 16.63 --
Cco Hldgs Llc / Cco Hldgs Cap 7% 1.69 14,320,000 0 --- 15.47 --
Icahn Enterprises Lp/Corp 7.75% 1.59 14,050,000 0 --- 14.59 --
Exterran Hldgs 7.25% 1.59 13,660,000 0 --- 14.51 --
Cco Hldgs Llc / Cco Hldgs Cap 6.5% 1.53 13,075,000 3,610,000 --- 13.99 --
Sprint Nextel 144A 9% 1.43 10,610,000 3,610,000 --- 13.13 --
Valeant Pharmaceuticals Intl 144A 6.875% 1.40 12,070,000 0 --- 12.79 --
Continental Airls 144A 6.75% 1.20 10,480,000 0 --- 11.02 --
Chesapeake Engy 6.125% 1.19 10,190,000 0 --- 10.90 --
Cb Richard Ellis Svcs 6.625% 1.19 9,980,000 0 --- 10.87 --
Delta Air Inc 1ln Tm B 4/20/17 1.18 10,718,982 10,718,982 --- 10.84 --
Nsg Hldgs Llc / Nsg Hldgs 144A 7.75% 1.15 10,143,000 0 --- 10.55 --
Royal Caribbean Cruises 7.25% 1.13 9,215,000 0 --- 10.39 --
Sprint Nextel 144A 7% 1.13 8,885,000 0 --- 10.31 --
Bldg Matls Corp Amer 144A 6.875% 1.11 9,405,000 0 --- 10.16 --
Steel Dynamics 7.625% 1.09 8,945,000 0 --- 9.97 --
Delphi 5.875% 1.03 8,770,000 0 --- 9.44 --
Fmg Resources August 2006 Pt 144A 6.375% 0.98 8,720,000 0 --- 8.98 --
Fresenius Med Care Us Fin Ii 144A 5.625% 0.94 7,930,000 920,000 --- 8.60 --
Jbs Usa Llc / Jbs Usa Fin 144A 8.25% 0.94 8,015,000 0 --- 8.60 --
Fti Consult 6.75% 0.91 7,775,000 0 --- 8.34 --
Fmg Resources August 2006 Pty 144A 7% 0.91 7,975,000 0 --- 8.31 --
Aes 7.375% 0.91 7,435,000 0 --- 8.29 --
YTD Return through 05-23-13| Portfolio Holdings as of 01-31-13