Q1 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Sell | CHESAPEAKE ENERGY CORPnote 2.750%11/1 | $13,837,000 | -58.8% | 13,150,000 | -58.9% | 75.32% | -3.8% | |
| Exit | ALPHA NATURAL RESOURCES INCnote 4.875%12/1 | $0 | – | -4,400,000 | – | -11.08% | – |
Q4 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Sell | CHESAPEAKE ENERGY CORPnote 2.750%11/1 | $33,572,000 | -5.3% | 32,000,000 | -5.9% | 78.28% | +28.9% | |
| New | ALPHA NATURAL RESOURCES INCnote 4.875%12/1 | $4,753,000 | – | 4,400,000 | – | 11.08% | – | |
| Exit | MASSEY ENERGY COnote 3.250% 8/0 | $0 | – | -19,562,000 | – | -31.49% | – |
Q3 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Sell | CHESAPEAKE ENERGY CORPnote 2.750%11/1 | $35,458,000 | -5.7% | 34,000,000 | -9.9% | 60.70% | +11.6% | |
| Exit | SUNPOWER CORPdbcv 4.750% 4/1 | $0 | – | -4,000,000 | – | -6.18% | – | |
| Exit | SUNPOWER CORPdbcv 4.500% 3/1 | $0 | – | -4,000,000 | – | -6.83% | – |
Q2 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| New | CHESAPEAKE ENERGY CORPnote 2.750%11/1 | $37,600,000 | – | 37,750,000 | – | 54.41% | – | |
| New | MASSEY ENERGY COnote 3.250% 8/0 | $17,969,000 | – | 19,562,000 | – | 26.00% | – | |
| New | SUNPOWER CORPdbcv 4.500% 3/1 | $4,721,000 | – | 4,000,000 | – | 6.83% | – | |
| New | LIVE NATION ENTERTAINMENT INnote 2.875% 7/1 | $4,546,000 | – | 4,440,000 | – | 6.58% | – | |
| New | SUNPOWER CORPdbcv 4.750% 4/1 | $4,270,000 | – | 4,000,000 | – | 6.18% | – |