Laffer Investments

Laffer Investments as of March 31, 2015

Portfolio Holdings for Laffer Investments

Laffer Investments holds 202 positions in its portfolio as reported in the March 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Paychex (PAYX) 2.3 $17M 334k 49.62
Northstar Rlty Fin 2.2 $16M 861k 18.12
BlackRock (BLK) 2.1 $15M 42k 365.84
Omega Healthcare Investors (OHI) 2.1 $15M 376k 40.57
Williams Companies (WMB) 2.1 $15M 294k 50.59
Boeing Company (BA) 2.0 $15M 97k 150.08
Nextera Energy (NEE) 2.0 $14M 139k 104.05
Industries N shs - a - (LYB) 2.0 $14M 162k 87.80
Microsoft Corporation (MSFT) 1.9 $14M 341k 40.66
Wp Carey (WPC) 1.9 $14M 201k 68.00
United Parcel Service (UPS) 1.9 $14M 139k 96.94
Target Corporation (TGT) 1.8 $13M 158k 82.07
JPMorgan Chase & Co. (JPM) 1.8 $13M 212k 60.58
Cisco Systems (CSCO) 1.8 $13M 467k 27.52
Coca-Cola Company (KO) 1.8 $13M 316k 40.55
Johnson & Johnson (JNJ) 1.8 $13M 127k 100.60
Pfizer (PFE) 1.8 $13M 363k 34.79
Ford Motor Company (F) 1.8 $13M 777k 16.14
Bce (BCE) 1.8 $13M 295k 42.36
General Electric Company 1.7 $12M 495k 24.81
Vodafone Group New Adr F (VOD) 1.7 $12M 374k 32.68
GlaxoSmithKline 1.6 $12M 251k 46.15
Philip Morris International (PM) 1.5 $11M 142k 75.33
Energy Transfer Partners 1.4 $10M 182k 55.75
Ngl Energy Partners Lp Com Uni (NGL) 1.0 $7.4M 282k 26.23
WisdomTree Japan Total Dividend (DXJ) 0.9 $6.7M 122k 55.12
Ishares Tr hdg msci germn (HEWG) 0.9 $6.5M 228k 28.54
Spdr S&p 500 Etf (SPY) 0.9 $6.2M 30k 206.43
Ishares Inc msci india index (INDA) 0.9 $6.2M 193k 32.09
iShares MSCI Hong Kong Index Fund (EWH) 0.8 $5.9M 270k 21.93
Wellpoint Inc Note cb 0.8 $5.5M 2.6k 2091.89
Ishares Tr zealand invst (ENZL) 0.8 $5.4M 134k 40.06
iShares MSCI Singapore Index Fund 0.7 $5.3M 411k 12.80
Gilead Sciences conv 0.7 $5.2M 1.2k 4323.73
iShares MSCI Canada Index (EWC) 0.7 $5.0M 185k 27.18
Bristol Myers Squibb (BMY) 0.7 $4.8M 74k 64.50
Intel Corp. Jr. Sub. Cv. Deb. conv 0.6 $4.1M 2.6k 1591.01
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.5 $3.6M 3.0k 1220.00
CIGNA Corporation 0.5 $3.5M 27k 129.44
Graham Hldgs (GHC) 0.5 $3.5M 3.3k 1049.63
McGraw-Hill Companies 0.5 $3.4M 33k 103.40
Sherwin-Williams Company (SHW) 0.5 $3.4M 12k 284.50
Vulcan Materials Company (VMC) 0.5 $3.4M 41k 84.30
Morgan Stanley (MS) 0.5 $3.4M 95k 35.69
Valero Energy Corporation (VLO) 0.5 $3.4M 53k 63.62
Kohl's Corporation (KSS) 0.5 $3.3M 42k 78.25
Tesoro Corporation 0.5 $3.3M 36k 91.29
Danaher Corporation (DHR) 0.5 $3.2M 38k 84.90
Priceline.com debt 1.000% 3/1 0.5 $3.2M 2.4k 1344.84
Corning Incorporated (GLW) 0.4 $3.2M 140k 22.68
Cme (CME) 0.4 $3.2M 33k 94.71
Travelers Companies (TRV) 0.4 $3.2M 29k 108.13
Cintas Corporation (CTAS) 0.4 $3.1M 38k 81.63
Dr Pepper Snapple 0.4 $3.2M 41k 78.48
Intel Corp sdcv 0.4 $3.1M 2.5k 1268.10
Expedia (EXPE) 0.4 $3.1M 33k 94.13
Ares Capital Corp 5.75 16 convert 0.4 $3.1M 3.0k 1053.89
Amphenol Corporation (APH) 0.4 $3.0M 52k 58.93
Lorillard 0.4 $3.1M 47k 65.35
Broadcom Corporation 0.4 $3.1M 71k 43.30
Moody's Corporation (MCO) 0.4 $3.0M 29k 103.80
Marsh & McLennan Companies (MMC) 0.4 $3.0M 54k 56.09
Applied Materials (AMAT) 0.4 $3.0M 134k 22.56
Robert Half International (RHI) 0.4 $3.0M 49k 60.52
Fidelity National Information Services (FIS) 0.4 $2.9M 43k 68.06
Ace Limited Cmn 0.4 $3.0M 27k 111.49
Darden Restaurants (DRI) 0.4 $2.9M 42k 69.34
Legg Mason 0.4 $2.9M 52k 55.20
Leggett & Platt (LEG) 0.4 $2.8M 61k 46.09
Roper Industries (ROP) 0.4 $2.9M 17k 172.00
United Technol conv prf 0.4 $2.9M 46k 61.54
Equifax (EFX) 0.4 $2.8M 30k 93.00
Reynolds American 0.4 $2.8M 41k 68.91
Frontier Communications 0.4 $2.8M 391k 7.05
Ryder System (R) 0.4 $2.7M 28k 94.89
Analog Devices (ADI) 0.4 $2.7M 43k 63.00
Weyerhaeuser Company (WY) 0.4 $2.7M 81k 33.15
Clorox Company (CLX) 0.4 $2.7M 25k 110.39
Omni (OMC) 0.4 $2.7M 34k 77.98
Sempra Energy (SRE) 0.4 $2.7M 25k 109.02
Perrigo Company (PRGO) 0.4 $2.7M 16k 165.55
Nordstrom (JWN) 0.4 $2.6M 33k 80.32
Apartment Investment and Management 0.4 $2.6M 67k 39.36
Seagate Technology Com Stk 0.4 $2.7M 51k 52.03
Quest Diagnostics Incorporated (DGX) 0.4 $2.7M 35k 76.85
Developers Diversified Rlty note 1.750%11/1 0.4 $2.7M 2.1k 1275.56
Nextera Energy Inc unit 0.4 $2.6M 40k 65.54
Interpublic Group of Companies (IPG) 0.4 $2.6M 116k 22.12
PerkinElmer (RVTY) 0.4 $2.5M 50k 51.14
Hormel Foods Corporation (HRL) 0.4 $2.5M 45k 56.85
Sandisk Corp note 1.500% 8/1 0.4 $2.5M 1.9k 1367.48
Dominion Resources Inc 6% 07/01/2016 conbnp 0.4 $2.6M 46k 56.40
CMS Energy Corporation (CMS) 0.3 $2.5M 72k 34.91
Northern Trust Corporation (NTRS) 0.3 $2.5M 36k 69.65
Dun & Bradstreet Corporation 0.3 $2.5M 19k 128.36
Invesco (IVZ) 0.3 $2.5M 63k 39.69
Altera Corporation 0.3 $2.5M 59k 42.91
Xl Group 0.3 $2.5M 68k 36.80
Health Care Reit Inc note 3.000%12/0 0.3 $2.5M 1.6k 1539.55
T. Rowe Price (TROW) 0.3 $2.4M 30k 80.98
Family Dollar Stores 0.3 $2.3M 30k 79.24
Brown-Forman Corporation (BF.B) 0.3 $2.4M 27k 90.35
Computer Sciences Corporation 0.3 $2.4M 36k 65.28
Wisconsin Energy Corporation 0.3 $2.3M 47k 49.50
Hershey Company (HSY) 0.3 $2.4M 24k 100.91
Key (KEY) 0.3 $2.4M 167k 14.16
DTE Energy Company (DTE) 0.3 $2.3M 29k 80.69
Host Hotels & Resorts (HST) 0.3 $2.3M 113k 20.18
Microchip Technology (MCHP) 0.3 $2.3M 47k 48.90
Pitney Bowes (PBI) 0.3 $2.3M 98k 23.32
Ca 0.3 $2.3M 70k 32.61
Linear Technology Corporation 0.3 $2.3M 48k 46.80
Old Republic Intl Corp note 0.3 $2.3M 1.9k 1190.20
Bemis Company 0.3 $2.2M 48k 46.31
TECO Energy 0.3 $2.2M 113k 19.40
Unum (UNM) 0.3 $2.2M 65k 33.73
CenturyLink 0.3 $2.2M 64k 34.55
Alexandria Real Estate Equitie conv prf 0.3 $2.2M 75k 29.33
Lam Research Corp conv 0.3 $2.2M 1.7k 1312.62
Actavis 0.3 $2.2M 7.4k 297.64
Nextera Energy, Inc. pfd cv 0.3 $2.2M 39k 56.69
Harley-Davidson (HOG) 0.3 $2.1M 35k 60.74
SCANA Corporation 0.3 $2.1M 38k 54.99
KLA-Tencor Corporation (KLAC) 0.3 $2.1M 36k 58.29
Weyerhaeuser C conv prf 0.3 $2.1M 39k 54.72
Laclede Group conv prf 0.3 $2.1M 39k 54.78
Trinity Inds Inc note 3.875% 6/0 0.3 $2.0M 1.3k 1588.34
People's United Financial 0.3 $2.1M 136k 15.20
Comerica Incorporated (CMA) 0.3 $2.1M 46k 45.13
Pioneer Natural Resources (PXD) 0.3 $2.1M 13k 163.51
Jabil Circuit (JBL) 0.3 $2.1M 88k 23.38
Southwestern Energy Co Dep 1/2 dep shs 1/20 b 0.3 $2.1M 41k 50.39
W.W. Grainger (GWW) 0.3 $2.0M 8.5k 235.81
Tiffany & Co. 0.3 $2.0M 23k 88.01
Xilinx 0.3 $2.0M 47k 42.30
Plum Creek Timber 0.3 $2.0M 45k 43.45
Health Care Reit Pfd I 6.5% 0.3 $2.0M 30k 67.94
Fastenal Company (FAST) 0.3 $1.9M 46k 41.44
Apollo Invt Corp note 5.750% 1/1 0.3 $1.9M 1.8k 1049.82
Cablevision Systems Corporation 0.3 $1.8M 100k 18.30
CenterPoint Energy (CNP) 0.3 $1.8M 90k 20.41
American Tower Corp New Pfd Co p 0.3 $1.9M 18k 102.83
Marathon Oil Corporation (MRO) 0.2 $1.8M 68k 26.11
Alerian Mlp Etf 0.2 $1.7M 105k 16.57
Windstream Hldgs 0.2 $1.7M 235k 7.40
Stanley Black & Decker Inc unit 99/99/9999 0.2 $1.7M 13k 134.02
Prospect Capital Corp note 0.2 $1.6M 1.6k 1042.84
Tyson Foods Inc cnv p 0.2 $1.7M 35k 48.48
Actavis Plc Conv Pfd Ser A pfd conv ser a 0.2 $1.6M 1.5k 1027.87
Bunge Limited 4.875% Cum. Cv. pfd cv 0.2 $1.5M 15k 104.70
Alcoa Inc cnv p 0.2 $1.5M 34k 43.84
Rayonier Inc conv 0.2 $1.5M 1.2k 1180.27
Novellus Systems, Inc. note 2.625% 5/1 0.2 $1.4M 680.00 2068.47
Dominion Res Inc Va unit 04/01/2013 0.2 $1.4M 25k 56.16
Stanley Black & Decker Inc Uni p 0.2 $1.4M 13k 113.79
Rpm International Inc convertible cor 0.2 $1.4M 1.2k 1187.31
Macquarie Infrastructure conv 0.2 $1.3M 1.1k 1199.52
Exelon Corp 6.5% 01-jun-2017 convprf 0.2 $1.3M 27k 48.65
Yahoo Inc note 12/0 0.2 $1.3M 1.2k 1082.19
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.2 $1.2M 10k 121.71
Genesee & Wyoming 0.2 $1.2M 9.8k 121.15
Starwood Property Trust note 0.2 $1.2M 1.1k 1107.81
Janus Capital conv 0.2 $1.2M 777.00 1606.15
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.2 $1.2M 10k 110.67
Centerpoint Energy Inc Vq 09-1 convert 0.2 $1.2M 18k 65.49
Xilinx Inc Cvt 2.625 6-15-17 convert 0.2 $1.2M 785.00 1497.42
Nvidia Corp note 1.000 12/0 0.2 $1.1M 961.00 1187.62
Seacor Holdings Inc note 2.500%12/1 0.1 $1.0M 967.00 1043.83
iShares Lehman MBS Bond Fund (MBB) 0.1 $917k 8.3k 110.34
Ensco Plc Shs Class A 0.1 $802k 38k 21.07
Noble Corp Plc equity 0.1 $781k 55k 14.28
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.1 $666k 6.3k 105.53
Peabody Energy Corporation 0.1 $590k 120k 4.92
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $545k 6.0k 90.61
Clyme US Cptl Mkts Mco Trm Fxd Idx 0.1 $607k 12k 50.06
iShares Barclays TIPS Bond Fund (TIP) 0.1 $526k 4.6k 113.59
Ishares Tr fltg rate nt (FLOT) 0.1 $425k 8.4k 50.64
Altria (MO) 0.0 $215k 4.3k 50.02
Tupperware Brands Corporation (TUP) 0.0 $212k 3.1k 69.02
Ares Capital Corporation (ARCC) 0.0 $217k 13k 17.17
National Grid 0.0 $213k 3.3k 64.61
Wells Fargo & Company 8% 0.0 $214k 7.3k 29.25
Kinder Morgan (KMI) 0.0 $216k 5.1k 42.06
Aegon 0.0 $213k 7.5k 28.42
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.0 $223k 6.6k 33.99
Nustar Logistics Lp prf (NSS) 0.0 $210k 8.0k 26.09
Citigroup Inc. 7.125% prd (C.PJ) 0.0 $215k 7.8k 27.64
Morgan Stanley 6.875 Pfd Cal (MS.PF) 0.0 $219k 8.0k 27.49
Jpm 6.27 12/31/49 0.0 $221k 8.2k 26.91
Seaspan Corp Pfd E 8.25% p 0.0 $216k 8.2k 26.35
Dominion Res D Ser A Units 6.375% 01-jul-2017 convprf 0.0 $210k 4.3k 48.40
Banc Of California Inc. convertible preferred 0.0 $225k 3.8k 59.63
iShares Dow Jones Select Dividend (DVY) 0.0 $161k 2.1k 77.94
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.0 $159k 1.9k 84.88
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.0 $108k 872.00 124.17
Health Care SPDR (XLV) 0.0 $39k 532.00 72.50
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.0 $91k 1.0k 87.70
Exxon Mobil Corporation (XOM) 0.0 $8.5k 100.00 85.00
Consumer Staples Select Sect. SPDR (XLP) 0.0 $23k 466.00 48.74
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.0 $29k 263.00 108.39
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.0 $17k 130.00 130.69
Paragon Offshore Plc equity 0.0 $24k 18k 1.30