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)  
US Treasury Bill 1.40 250,000,000 250,000,000 --- 250.00 --
Intelsat Jackson Hldgs 7.25% 1.02 164,947,000 47,882,000 --- 181.65 --
Sprint Nextel 144A 7% 1.01 155,830,000 0 --- 181.15 --
Barclays Bk 144A 6.05% 0.90 143,492,000 0 --- 160.17 --
Ing U S 144A 5.5% 0.88 141,560,000 0 --- 156.72 --
Hca 6.5% 0.86 136,760,000 0 --- 154.20 --
Citigroup Cap Xiii Pfd 0.85 5,301,250 0 --- 151.62 --
Dish Dbs 6.75% 0.83 133,715,000 0 --- 148.42 --
Cit Grp 144A 6.625% 0.77 120,655,000 0 --- 137.55 --
Air Lease 5.625% 0.76 125,330,000 0 --- 135.67 --
Warner Chilcott 7.75% 0.74 123,262,000 0 --- 131.58 --
Caesars Entmt Oper Co 8.5% 0.70 126,000,000 0 --- 124.90 --
Cemex Fin 144A 9.5% 0.69 113,570,000 0 --- 122.66 --
Hertz 6.75% 0.67 110,160,000 0 --- 120.63 --
Royal Bk Of Scotland 6.125% 0.66 113,600,000 0 --- 118.33 --
Lyondellbasell Inds Nv 5% 0.65 103,540,000 -8,300,000 --- 116.87 --
Calpine 144A 7.25% 0.65 109,007,000 0 --- 115.68 --
Sprint Nextel 144A 9% 0.64 92,545,000 -10,000,000 --- 114.41 --
Hartford Finl Svcs Grp FRN 0.63 94,960,000 0 --- 112.53 --
Dolphin Subsidiary Ii 7.25% 0.61 102,505,000 20,000,000 --- 108.53 --
B E Aerospace 5.25% 0.61 104,885,000 0 --- 108.42 --
Case New Holland 7.875% 0.60 91,500,000 0 --- 107.63 --
Cit Grp 5.375% 0.60 98,370,000 -4,855,000 --- 107.22 --
Sungard Data Sys 7.625% 0.60 98,546,000 0 --- 106.68 --
Cit Grp 5% 0.59 98,135,000 -45,145,000 --- 105.25 --
YTD Return through 05-22-13| Portfolio Holdings as of 03-31-13