____Mohican Financial Management, LLC_______

Mohican Financial Management as of Sept. 30, 2015

Portfolio Holdings for Mohican Financial Management

Mohican Financial Management holds 33 positions in its portfolio as reported in the September 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Depomed Inc conv 5.4 $7.1M 6.0M 1.19
Web Com Group Inc note 1.000% 8/1 5.0 $6.6M 7.0M 0.94
Albany Molecular Resh Inc note 2.250%11/1 4.7 $6.2M 5.0M 1.24
Ttm Technologies Inc conv 4.7 $6.2M 7.0M 0.88
Quidel Corp note 3.250%12/1 4.6 $6.0M 6.5M 0.93
Encore Cap Group Inc note 3.000% 7/0 4.6 $6.0M 6.1M 0.99
Healthways Inc note 1.500% 7/0 4.5 $6.0M 6.5M 0.92
Quantum Corp note 4.500% 11/1 4.5 $6.0M 7.1M 0.84
Vipshop Holdings Ltd - Ads bond 4.3 $5.6M 5.0M 1.12
Endologix Inc note 2.250%12/1 4.1 $5.3M 6.0M 0.89
Blucora Inc note 4.250% 4/0 4.0 $5.2M 5.5M 0.95
Renewable Energy Group Inc mtnf 2.750% 6/1 3.9 $5.2M 6.0M 0.86
Acorda Therap note 1.75% 6/15 3.8 $5.0M 5.5M 0.90
Altra Holdings, Inc note 2.750% 3/0 3.6 $4.7M 4.5M 1.05
Forestar Group Inc note 3.4 $4.5M 5.3M 0.85
Photronics Inc note 3.0 $4.0M 3.9M 1.03
M/i Homes Inc note 3.250% 9/1 2.9 $3.8M 3.4M 1.11
Interdigital Inc 2.5% conv 2.8 $3.7M 3.5M 1.04
Horsehead Hldg Corp note 3.800% 7/0 2.7 $3.5M 5.2M 0.67
Emergent Biosolutions Inc conv 2.6 $3.4M 3.0M 1.14
Insulet Corp note 2.000% 6/1 2.6 $3.4M 3.7M 0.92
Fluidigm Corporation convertible cor 2.5 $3.3M 4.6M 0.73
Helix Energy Solutions note 1.9 $2.5M 3.0M 0.82
Fxcm Inc. conv 1.8 $2.3M 3.0M 0.78
Envestnet Inc note 1.750%12/1 1.7 $2.2M 2.5M 0.89
Array Biopharma Inc note 3.000% 6/0 1.7 $2.2M 2.2M 0.99
Alaska Communications Systems conv 1.5 $2.0M 2.0M 1.00
Mercadolibre Inc note 2.250% 7/0 1.5 $2.0M 2.0M 0.98
Spectranetics Corp mtnf 2.625% 6/0 1.4 $1.9M 2.5M 0.75
Protalix Biotherapeutics Inc note 4.500% 9/1 1.4 $1.8M 2.6M 0.71
Ascent Cap Group Inc note 4.000% 7/1 1.4 $1.8M 2.5M 0.72
Invensense Inc note 1.750%11/0 1.4 $1.8M 2.0M 0.90
Lkd Barclays Bk Plc Ipath S&p Etn etf 0.1 $195k 15k 13.00