____Mohican Financial Management, LLC_______

Mohican Financial Management as of June 30, 2015

Portfolio Holdings for Mohican Financial Management

Mohican Financial Management holds 40 positions in its portfolio as reported in the June 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Quantum Corp note 4.500% 11/1 5.2 $8.4M 7.1M 1.19
Ttm Technologies Inc conv 5.0 $8.1M 7.0M 1.16
Albany Molecular Resh Inc note 2.250%11/1 4.8 $7.7M 5.5M 1.40
Depomed Inc conv 4.8 $7.7M 6.0M 1.28
Encore Cap Group Inc note 3.000% 7/0 4.0 $6.4M 6.1M 1.06
Endologix Inc note 2.250%12/1 4.0 $6.4M 6.7M 0.96
Renewable Energy Group Inc mtnf 2.750% 6/1 4.0 $6.4M 6.0M 1.06
Horsehead Hldg Corp note 3.800% 7/0 3.8 $6.1M 6.0M 1.02
Healthways Inc note 1.500% 7/0 3.8 $6.0M 6.5M 0.93
Infinera Corporation dbcv 1.750% 6/0 3.7 $5.9M 3.4M 1.73
Carriage Svcs Inc note 2.750% 3/1 3.7 $6.0M 5.0M 1.19
Emergent Biosolutions Inc conv 3.5 $5.6M 4.5M 1.24
Quidel Corp note 3.250%12/1 3.4 $5.5M 5.5M 1.00
Blucora Inc note 4.250% 4/0 3.4 $5.4M 5.5M 0.99
Altra Holdings, Inc note 2.750% 3/0 3.2 $5.2M 4.5M 1.15
Vipshop Holdings Ltd - Ads bond 3.1 $5.1M 4.0M 1.27
Forestar Group Inc note 3.1 $5.1M 5.8M 0.88
Web Com Group Inc note 1.000% 8/1 3.1 $5.0M 5.0M 0.99
Acorda Therap note 1.75% 6/15 2.8 $4.6M 5.5M 0.83
Gain Cap Hldgs Inc note 4.125%12/0 2.6 $4.2M 4.0M 1.06
M/i Homes Inc note 3.250% 9/1 2.6 $4.2M 3.4M 1.21
Interdigital Inc 2.5% conv 2.4 $3.9M 3.5M 1.11
Insulet Corp note 2.000% 6/1 2.4 $3.9M 4.0M 0.97
Photronics Inc note 2.4 $3.8M 3.6M 1.07
Fluidigm Corporation convertible cor 2.2 $3.6M 4.1M 0.88
Helix Energy Solutions note 1.8 $2.9M 3.0M 0.95
J2 Global Inc note 3.250% 6/1 1.6 $2.6M 2.3M 1.16
Fxcm Inc. conv 1.6 $2.5M 3.0M 0.84
Ascent Cap Group Inc note 4.000% 7/1 1.6 $2.5M 3.3M 0.77
Alaska Communications Systems conv 1.2 $2.0M 2.0M 0.99
Protalix Biotherapeutics Inc note 4.500% 9/1 1.2 $2.0M 2.6M 0.76
Navistar Intl Corp conv 1.1 $1.7M 2.0M 0.85
Aar Corp 2.25% conv 0.7 $1.1M 1.0M 1.05
Webmd Health Corp note 0.6 $1.0M 1.0M 1.01
Array Biopharma Inc note 3.000% 6/0 0.6 $914k 720k 1.27
Energy Xxi Bermuda Ltd note 3.000%12/1 0.3 $540k 2.3M 0.24
Echo Global Logistics Inc note 2.500% 5/0 0.3 $535k 500k 1.07
Frontier Communications Corp pfd conv ser-a 0.3 $434k 9.7k 44.80
Lkd Barclays Bk Plc Ipath S&p Etn etf 0.2 $283k 25k 11.19
Spectranetics Corp mtnf 2.625% 6/0 0.0 $0 2.2M 0.00