Income Research & Management
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 24, 2026), Income Research & Management reported 28 stock positions worth $183.1 million. Its top holding was Bofa Finance LLC (bac 0.6 05/25/27 Mtn) at 5.8% of the portfolio, followed by Euronet Worldwide Inc. (eeft 0.75 03/15/49) (5.6%) and Uber Technologies Inc. (uber 0.875 12/01/28 2028) (5.6%). Compared with Q1 2026, it opened 5 new positions, sold out of 1, added to 1 and reduced 11. The biggest buy was a new position in Alliant Energy Corp. (lnt 3.25 05/30/28) and the biggest sale an exit from American Water Capital C (awk 3.625 06/15/26).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001165830
- Portfolio Value
- $183.1M (Q2 2026)
- SEC Filing
- 0001214659-26-008874 ↗ filed Jul 24, 2026
Holdings Value
Holdings 28 stocks · $183.1M
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | 5.83% | 8,503,000 | $10.7M | Reduce -13.3% |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | 5.61% | 12,112,000 | $10.3M | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | 5.59% | 8,560,000 | $10.2M | No change |
| ALLIANT ENERGY CORP (LNT 3.25 05/30/28) | 5.41% | 9,000,000 | $9.9M | New |
| WEC ENERGY GROUP INC (WEC 3.375 06/01/28) | 5.25% | 9,265,000 | $9.6M | New |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | 5.24% | 9,227,000 | $9.6M | Reduce -8.9% |
| SOUTHERN CO (SO 3.25 06/15/28) | 5.15% | 9,340,000 | $9.4M | New |
| BLOCK INC (XYZ 0.25 11/01/27) | 4.88% | 9,425,000 | $8.9M | Reduce -8.7% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | 4.74% | 7,200,000 | $8.7M | Reduce -30.0% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | 4.27% | 6,518,000 | $7.8M | Reduce -35.3% |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | 4.19% | 6,978,000 | $7.7M | No change |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | 4.01% | 7,345,000 | $7.3M | Reduce -15.7% |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | 3.84% | 7,830,000 | $7.0M | No change |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | 3.67% | 5,120,000 | $6.7M | Reduce -13.5% |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | 3.50% | 6,215,000 | $6.4M | No change |
| ETSY INC (ETSY 0.25 06/15/28) | 3.44% | 6,892,000 | $6.3M | Reduce -17.4% |
| EVERGY INC (EVRG 4.5 12/15/27) | 2.89% | 3,722,000 | $5.3M | Reduce -13.9% |
| TXXI BBLX Irm Tax-Aware I Dur ETF | 2.78% | 100,000 | $5.1M | No change |
| DEXCOM INC (DXCM 0.375 05/15/28) | 2.78% | 5,451,000 | $5.1M | Reduce -10.7% |
| TAXM Bondbloxx Ir+m Tax-Aware Mas | 2.76% | 100,000 | $5.0M | No change |
| TAXX BBLX Irm Tax-Aware S Dur ETF | 2.69% | 97,000 | $4.9M | Reduce -3.0% |
| GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) | 2.54% | 4,830,000 | $4.6M | No change |
| FIRSTENERGY CORP (FE 3.875 01/15/31) | 2.04% | 3,360,000 | $3.7M | New |
| PINNACLE WEST CAPITAL (PNW 4.75 06/15/27) | 1.97% | 3,031,000 | $3.6M | No change |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | 1.81% | 3,270,000 | $3.3M | No change |
| FIRSTENERGY CORP (FE 3.625 01/15/29) | 1.64% | 2,755,000 | $3.0M | New |
| AGGS Harbor Disciplined Bond ETF | 1.12% | 50,000 | $2.0M | No change |
| ETSY INC (ETSY 0.125 09/01/27) | 0.38% | 740,000 | $700K | Add +142.6% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 803 | $929K | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 355 | $445K | No change |
Total filed on the 13F, all lines: $184.5M.
Portfolio Sells Q1 2026 → Q2 2026
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | Sold out | 0.00% | −5.57 |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | Reduce -35.3% | 4.27% | −2.71 |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | Reduce -30.0% | 4.74% | −1.27 |
| NEXTERA ENERGY CAPITAL (NEE 3 03/01/27) | Reduce -13.5% | 3.67% | −1.24 |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | Reduce -13.3% | 5.83% | −1.17 |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | Reduce -15.7% | 4.01% | −1.15 |
| ETSY INC (ETSY 0.25 06/15/28) | Reduce -17.4% | 3.44% | −1.02 |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | Reduce -8.9% | 5.24% | −0.93 |
| BLOCK INC (XYZ 0.25 11/01/27) | Reduce -8.7% | 4.88% | −0.89 |
| EVERGY INC (EVRG 4.5 12/15/27) | Reduce -13.9% | 2.89% | −0.59 |
| DEXCOM INC (DXCM 0.375 05/15/28) | Reduce -10.7% | 2.78% | −0.58 |
| TAXX BBLX Irm Tax-Aware S Dur ETF | Reduce -3.0% | 2.69% | −0.33 |
Portfolio Buys Q1 2026 → Q2 2026
| ALLIANT ENERGY CORP (LNT 3.25 05/30/28) | New | 5.41% | +5.41 |
| WEC ENERGY GROUP INC (WEC 3.375 06/01/28) | New | 5.25% | +5.25 |
| SOUTHERN CO (SO 3.25 06/15/28) | New | 5.15% | +5.15 |
| FIRSTENERGY CORP (FE 3.875 01/15/31) | New | 2.04% | +2.04 |
| FIRSTENERGY CORP (FE 3.625 01/15/29) | New | 1.64% | +1.64 |
| ETSY INC (ETSY 0.125 09/01/27) | Add +142.6% | 0.38% | +0.21 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $183.1M | BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN), EURONET WORLDWIDE INC (EEFT 0.75 03/15/49), UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028), ALLIANT ENERGY CORP (LNT 3.25 05/30/28), WEC ENERGY GROUP INC (WEC 3.375 06/01/28) |
| Q1 2026 | 24 | $167.3M | BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN), AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27), CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29), UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028), EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) |
| Q4 2025 | 30 | $189.0M | BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN), EURONET WORLDWIDE INC (EEFT 0.75 03/15/49), AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27), CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29), ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) |
| Q3 2025 | 33 | $203.6M | EURONET WORLDWIDE INC (EEFT 0.75 03/15/49), CMS ENERGY CORP (CMS 3.375 05/01/28), PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28), CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29), EXPEDIA GROUP INC (EXPE 0 02/15/26) |
| Q2 2025 | 38 | $373.4M | BLV, VGLT, EDV, EXPEDIA GROUP INC (EXPE 0 02/15/26), PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) |
| Q1 2025 | 27 | $234.8M | EXPEDIA GROUP INC (EXPE 0 02/15/26), PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28), ALLIANT ENERGY CORP (LNT 3.875 03/15/26), VENTAS REALTY LP (VTR 3.75 06/01/26), CMS ENERGY CORP (CMS 3.375 05/01/28) |
| Q4 2024 | 25 | $209.6M | EXPEDIA GROUP INC (EXPE 0 02/15/26), ALLIANT ENERGY CORP (LNT 3.875 03/15/26), PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28), SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25), NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) |
| Q3 2024 | 21 | $207.5M | VENTAS REALTY LP (VTR 3.75 06/01/26), EXPEDIA GROUP INC (EXPE 0 02/15/26), ALLIANT ENERGY CORP (LNT 3.875 03/15/26), BOOKING HOLDINGS INC (BKNG 0.75 05/01/25), PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) |
| Q2 2024 | 18 | $173.4M | EXPEDIA GROUP INC (EXPE 0 02/15/26), ALLIANT ENERGY CORP (LNT 3.875 03/15/26), NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25), SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25), BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) |
| Q1 2024 | 15 | $148.0M | ALLIANT ENERGY CORP (LNT 3.875 03/15/26), EURONET WORLDWIDE INC (EEFT 0.75 03/15/49), NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25), SOUTHERN CO (SO 3.875 12/15/25), EXPEDIA GROUP INC (EXPE 0 02/15/26) |