Laffer Investments

Laffer Investments as of Sept. 30, 2013

Portfolio Holdings for Laffer Investments

Laffer Investments holds 256 positions in its portfolio as reported in the September 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Williams Companies (WMB) 1.8 $9.6M 264k 36.36
Vodafone 1.4 $7.2M 205k 35.18
Microsoft Corporation (MSFT) 1.4 $7.2M 215k 33.28
Johnson & Johnson (JNJ) 1.4 $7.2M 83k 86.69
Northstar Realty Finance 1.4 $7.2M 771k 9.28
Hercules Technology Growth Capital (HTGC) 1.4 $7.2M 470k 15.25
BlackRock 1.3 $7.1M 26k 270.62
General Electric Company 1.3 $7.1M 298k 23.89
Emerson Electric (EMR) 1.3 $7.1M 110k 64.70
General Mills (GIS) 1.3 $7.1M 149k 47.92
Nextera Energy (NEE) 1.3 $7.1M 89k 80.16
Royal Dutch Shell 1.3 $7.1M 103k 68.85
Tupperware Brands Corporation 1.3 $7.1M 82k 86.37
Bce (BCE) 1.3 $7.1M 167k 42.70
Omega Healthcare Investors (OHI) 1.3 $7.1M 239k 29.87
Oneok (OKE) 1.3 $7.1M 134k 53.32
Wp Carey (WPC) 1.3 $7.1M 110k 64.70
Coca-Cola Company (KO) 1.3 $7.1M 187k 37.88
McDonald's Corporation (MCD) 1.3 $7.1M 74k 96.21
Mattel (MAT) 1.3 $7.1M 169k 41.88
Philip Morris International (PM) 1.3 $7.0M 81k 86.59
Apple (AAPL) 1.3 $7.0M 15k 476.75
American Realty Capital Prop 1.3 $7.0M 573k 12.20
Access Midstream Partners, L.p 1.2 $6.6M 137k 48.31
Genesis Energy (GEL) 1.2 $6.5M 129k 50.07
Ishares Tr zealand invst (ENZL) 1.1 $5.6M 145k 38.46
iShares MSCI Hong Kong Index Fund (EWH) 1.0 $5.4M 271k 20.03
iShares MSCI Switzerland Index Fund (EWL) 1.0 $5.4M 174k 31.28
iShares MSCI Sweden Index (EWD) 1.0 $5.4M 156k 34.25
Spdr S&p 500 Etf (SPY) 1.0 $5.2M 31k 168.01
iShares MSCI Canada Index (EWC) 1.0 $5.2M 185k 28.31
WisdomTree Japan Total Dividend (DXJ) 1.0 $5.2M 109k 47.93
iShares MSCI Singapore Index Fund 1.0 $5.2M 388k 13.35
Gilead Sciences conv 0.9 $4.7M 1.7k 2777.90
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.7 $3.7M 3.3k 1137.51
Bristol Myers Squibb (BMY) 0.6 $3.4M 73k 46.28
Dominion Resources Inc 6% 07/01/2016 conbnp 0.6 $2.9M 55k 53.45
Sandisk Corp note 1.500% 8/1 0.5 $2.9M 2.2k 1332.20
United Technol conv prf 0.5 $2.9M 44k 64.79
Intel Corp sdcv 0.5 $2.8M 2.5k 1100.59
E M C Corp Mass note 1.750%12/0 0.5 $2.7M 1.7k 1614.91
Danaher Corporation (DHR) 0.5 $2.7M 39k 69.32
Old Republic Intl Corp note 0.5 $2.7M 2.2k 1195.50
Nextera Energy Inc conv prf 0.5 $2.7M 49k 55.20
Morgan Stanley (MS) 0.5 $2.6M 96k 26.95
Safeway 0.5 $2.6M 81k 31.99
GAME Technolog debt 0.5 $2.6M 2.3k 1132.61
Nextera Energy Inc unit 0.5 $2.6M 48k 54.64
Ace Limited Cmn 0.5 $2.5M 27k 93.56
Travelers Companies (TRV) 0.5 $2.5M 30k 84.77
Applied Materials (AMAT) 0.5 $2.5M 145k 17.53
Developers Diversified Rlty note 1.750%11/1 0.5 $2.6M 2.2k 1147.12
Molex Incorporated 0.5 $2.5M 65k 38.52
Best Buy (BBY) 0.5 $2.5M 67k 37.50
Pioneer Natural Resources 0.5 $2.5M 13k 188.80
Cme (CME) 0.5 $2.4M 32k 73.88
Marsh & McLennan Companies 0.5 $2.4M 56k 43.55
Whole Foods Market 0.5 $2.4M 41k 58.50
Marathon Oil Corporation (MRO) 0.5 $2.4M 69k 34.88
Harley-Davidson (HOG) 0.4 $2.3M 36k 64.24
Allergan 0.4 $2.3M 26k 90.45
Weyerhaeuser Company (WY) 0.4 $2.3M 81k 28.63
McGraw-Hill Companies 0.4 $2.3M 35k 65.59
Fastenal Company (FAST) 0.4 $2.3M 45k 50.27
Lorillard 0.4 $2.3M 51k 44.78
Seagate Technology Com Stk 0.4 $2.3M 53k 43.76
Corning Incorporated (GLW) 0.4 $2.2M 153k 14.59
Sherwin-Williams Company (SHW) 0.4 $2.2M 12k 182.18
CIGNA Corporation 0.4 $2.2M 29k 76.86
Omni (OMC) 0.4 $2.2M 35k 63.44
Sempra Energy (SRE) 0.4 $2.2M 26k 85.60
Roper Industries (ROP) 0.4 $2.3M 17k 132.87
Trinity Inds Inc note 3.875% 6/0 0.4 $2.2M 1.7k 1244.53
Moody's Corporation (MCO) 0.4 $2.2M 31k 70.33
Paychex (PAYX) 0.4 $2.2M 53k 40.64
T. Rowe Price (TROW) 0.4 $2.2M 30k 71.93
W.W. Grainger (GWW) 0.4 $2.2M 8.4k 261.71
Vulcan Materials Company (VMC) 0.4 $2.2M 43k 51.81
Xilinx 0.4 $2.2M 47k 46.85
Interpublic Group of Companies (IPG) 0.4 $2.2M 127k 17.18
Broadcom Corporation 0.4 $2.2M 84k 26.02
Altera Corporation 0.4 $2.2M 59k 37.16
KLA-Tencor Corporation (KLAC) 0.4 $2.2M 36k 60.85
Health Care Reit Inc note 3.000%12/0 0.4 $2.2M 1.7k 1260.98
Western Union Company (WU) 0.4 $2.1M 114k 18.66
Fidelity National Information Services (FIS) 0.4 $2.1M 45k 46.44
Host Hotels & Resorts (HST) 0.4 $2.1M 121k 17.67
Kohl's Corporation (KSS) 0.4 $2.2M 42k 51.75
PetSmart 0.4 $2.1M 28k 76.26
Reynolds American 0.4 $2.1M 44k 48.78
CenturyLink 0.4 $2.1M 68k 31.38
Hershey Company (HSY) 0.4 $2.1M 23k 92.50
Amphenol Corporation (APH) 0.4 $2.1M 28k 77.38
Invesco (IVZ) 0.4 $2.1M 67k 31.90
Quest Diagnostics Incorporated (DGX) 0.4 $2.2M 35k 61.79
Chesapeake Energy Corp note 2.750%11/1 0.4 $2.1M 2.0k 1059.08
Allegheny Technologies Inc note 4.250% 6/0 0.4 $2.1M 2.0k 1066.17
Family Dollar Stores 0.4 $2.1M 29k 72.02
Pitney Bowes (PBI) 0.4 $2.1M 113k 18.19
Analog Devices (ADI) 0.4 $2.1M 45k 47.05
Unum (UNM) 0.4 $2.1M 68k 30.44
Valero Energy Corporation (VLO) 0.4 $2.1M 61k 34.15
PerkinElmer (RVTY) 0.4 $2.0M 54k 37.75
Linear Technology Corporation 0.4 $2.1M 52k 39.66
Washington Post Company 0.4 $2.1M 3.4k 611.35
Cintas Corporation (CTAS) 0.4 $2.1M 41k 51.20
CenterPoint Energy (CNP) 0.4 $2.1M 87k 23.97
Xl Group 0.4 $2.1M 67k 30.82
Northern Trust Corporation (NTRS) 0.4 $2.0M 37k 54.38
Peabody Energy Corporation 0.4 $2.0M 116k 17.25
Microchip Technology (MCHP) 0.4 $2.0M 50k 40.29
NYSE Euronext 0.4 $2.0M 49k 41.98
Brown-Forman Corporation (BF.B) 0.4 $2.0M 30k 68.13
Plum Creek Timber 0.4 $2.0M 44k 46.83
Computer Sciences Corporation 0.4 $2.0M 39k 51.74
Ca 0.4 $2.0M 68k 29.67
Clorox Company (CLX) 0.4 $2.0M 25k 81.72
Dr Pepper Snapple 0.4 $2.0M 45k 44.82
Robert Half International (RHI) 0.4 $2.0M 52k 39.03
Perrigo Company 0.4 $2.0M 17k 123.38
Expedia (EXPE) 0.4 $2.0M 40k 51.81
Apollo Invt Corp note 5.750% 1/1 0.4 $2.0M 1.9k 1082.15
Lam Research Corp conv 0.4 $2.0M 1.6k 1215.62
Legg Mason 0.4 $2.0M 59k 33.44
Leggett & Platt (LEG) 0.4 $1.9M 64k 30.15
Nordstrom 0.4 $2.0M 35k 56.20
Tiffany & Co. 0.4 $2.0M 26k 76.62
Wisconsin Energy Corporation 0.4 $1.9M 48k 40.38
Key (KEY) 0.4 $2.0M 172k 11.40
DTE Energy Company (DTE) 0.4 $2.0M 30k 65.98
Hormel Foods Corporation (HRL) 0.4 $2.0M 47k 42.12
Noble Corporation Com Stk 0.4 $2.0M 53k 37.77
Jns 3.25% 7/15/2014 note 0.4 $2.0M 1.9k 1030.45
Ensco Plc Shs Class A 0.4 $2.0M 37k 53.75
Ares Capital Corp 5.75 16 convert 0.4 $2.0M 1.8k 1093.38
Windstream Hldgs 0.4 $2.0M 245k 7.99
CMS Energy Corporation (CMS) 0.4 $1.9M 73k 26.32
People's United Financial 0.4 $1.9M 134k 14.38
Ryder System (R) 0.4 $1.9M 32k 59.70
Dun & Bradstreet Corporation 0.4 $1.9M 19k 103.85
Apartment Investment and Management 0.4 $1.9M 69k 27.94
Comerica Incorporated 0.4 $1.9M 48k 39.31
Weyerhaeuser C conv prf 0.4 $1.9M 36k 52.99
Equifax (EFX) 0.3 $1.9M 31k 59.85
Darden Restaurants (DRI) 0.3 $1.9M 41k 46.29
Bemis Company 0.3 $1.9M 48k 39.01
Staples 0.3 $1.8M 126k 14.65
Jabil Circuit (JBL) 0.3 $1.8M 85k 21.68
Intel Corp. Jr. Sub. Cv. Deb. conv 0.3 $1.8M 1.5k 1247.67
Alexandria Real Estate Equitie conv prf 0.3 $1.9M 72k 25.93
TECO Energy 0.3 $1.8M 111k 16.54
Frontier Communications 0.3 $1.8M 437k 4.18
SCANA Corporation 0.3 $1.8M 39k 46.04
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.3 $1.8M 16k 113.52
Stanley Black & Decker Inc unit 99/99/9999 0.3 $1.8M 13k 137.01
Bunge Limited 4.875% Cum. Cv. pfd cv 0.3 $1.8M 17k 105.60
L-3 Communications Corp debt 3.000% 8/0 0.3 $1.7M 1.6k 1101.78
Cablevision Systems Corporation 0.3 $1.7M 104k 16.84
Ppl Corporation 8.75% pfd cv 0.3 $1.7M 32k 53.73
Prologis Inc note 3.250% 3/1 0.3 $1.7M 1.5k 1137.09
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.3 $1.7M 16k 107.93
Steel Dynamics Inc note 5.125% 6/1 0.3 $1.7M 1.5k 1128.56
Tesoro Corporation 0.3 $1.7M 38k 43.98
Newmont Mining Corp note 1.250% 7/1 0.3 $1.6M 1.6k 1018.84
Health Care Reit Pfd I 6.5% 0.3 $1.6M 27k 57.55
Prospect Capital Corp note 0.3 $1.6M 1.5k 1057.09
Archer Daniels Midland Co note 0.875% 2/1 0.3 $1.5M 1.5k 1019.94
Cliffs Nat Res Inc Dep1/40th P preferred stocks 0.3 $1.4M 71k 19.77
General Mtrs Co jr pfd cnv srb 0.2 $1.3M 26k 50.15
Genesee & Wyoming 0.2 $1.3M 11k 126.33
Alerian Mlp Etf 0.2 $1.3M 73k 17.59
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.2 $1.3M 12k 105.28
Metlife Inc 5% 10/0/14 Conv Pr cv prf 0.2 $1.3M 45k 28.66
Ishares Tr fltg rate nt (FLOT) 0.2 $1.3M 25k 50.68
iShares Barclays TIPS Bond Fund (TIP) 0.2 $1.2M 11k 112.58
Toll Bros Finance Corp. convertible bond 0.2 $1.2M 1.2k 1013.45
Arcelormittal Sa Luxembourg note 5.000% 5/1 0.2 $1.1M 1.0k 1056.00
Agco Corp note 1.250%12/1 0.2 $1.1M 728.00 1495.92
Starwood Property Trust note 0.2 $1.1M 1.0k 1045.90
Xilinx Inc Cvt 2.625 6-15-17 convert 0.2 $1.0M 616.00 1643.86
Nuance Communications Inc dbcv 2.750% 8/1 0.2 $937k 820.00 1142.38
Priceline.com debt 1.000% 3/1 0.2 $955k 740.00 1290.80
Clyme US Cptl Mkts Mco Trm Fxd Idx 0.2 $916k 18k 50.18
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $756k 8.3k 91.58
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.0 $137k 1.6k 84.47
Keycorp New pfd 7.75% sr a 0.0 $113k 905.00 124.90
iShares Dow Jones Select Dividend (DVY) 0.0 $84k 1.3k 66.34
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.0 $108k 889.00 121.33
Consumer Staples Select Sect. SPDR (XLP) 0.0 $53k 1.3k 39.80
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.0 $47k 462.00 102.11
Vanguard Short Term Corporate Bond ETF (VCSH) 0.0 $47k 587.00 79.60
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.0 $78k 937.00 83.42
Chubb Corporation 0.0 $9.1k 102.00 89.25
Time Warner 0.0 $5.2k 79.00 65.80
Annaly Capital Management 0.0 $3.3k 284.00 11.58
Bank of New York Mellon Corporation (BK) 0.0 $5.2k 172.00 30.19
Berkshire Hathaway (BRK.B) 0.0 $4.4k 39.00 113.49
Devon Energy Corporation (DVN) 0.0 $3.4k 59.00 57.75
Exxon Mobil Corporation (XOM) 0.0 $17k 200.00 86.04
Wal-Mart Stores (WMT) 0.0 $6.1k 82.00 73.95
Abbott Laboratories (ABT) 0.0 $3.2k 95.00 33.19
Comcast Corporation 0.0 $5.4k 125.00 43.34
3M Company (MMM) 0.0 $4.3k 36.00 119.39
At&t (T) 0.0 $6.5k 193.00 33.82
Apache Corporation 0.0 $3.2k 38.00 85.13
Digital Realty Trust (DLR) 0.0 $65.000000 1.00 65.00
SYSCO Corporation (SYY) 0.0 $5.1k 159.00 31.82
Kinder Morgan Management 0.0 $191.000100 3.00 63.67
Automatic Data Processing (ADP) 0.0 $137.000000 2.00 68.50
Dow Chemical Company 0.0 $7.3k 190.00 38.40
E.I. du Pont de Nemours & Company 0.0 $7.9k 135.00 58.56
Health Care REIT 0.0 $3.6k 57.00 62.37
Altria (MO) 0.0 $13k 391.00 34.35
Amgen (AMGN) 0.0 $3.5k 31.00 111.90
BB&T Corporation 0.0 $5.2k 153.00 33.75
GlaxoSmithKline 0.0 $4.8k 95.00 50.17
Hewlett-Packard Company 0.0 $3.4k 160.00 20.99
Occidental Petroleum Corporation (OXY) 0.0 $3.6k 39.00 93.54
Pepsi (PEP) 0.0 $3.5k 44.00 79.50
Procter & Gamble Company (PG) 0.0 $5.1k 68.00 75.59
Unilever 0.0 $6.1k 161.00 37.71
Xerox Corporation 0.0 $4.4k 429.00 10.29
Ford Motor Company (F) 0.0 $4.9k 292.00 16.87
New York Community Ban 0.0 $3.5k 234.00 15.11
Old Republic International Corporation (ORI) 0.0 $5.5k 357.00 15.40
PPL Corporation (PPL) 0.0 $3.4k 113.00 30.37
Zimmer Holdings (ZBH) 0.0 $5.4k 66.00 82.14
Endurance Specialty Hldgs Lt 0.0 $3.7k 69.00 53.71
Ares Capital Corporation (ARCC) 0.0 $15k 878.00 17.29
Suburban Propane Partners (SPH) 0.0 $14k 295.00 46.80
National Grid 0.0 $17k 291.00 59.05
St. Jude Medical 0.0 $5.5k 103.00 53.63
Kinder Morgan Energy Partners 0.0 $13k 168.00 79.83
HCP 0.0 $3.2k 77.00 40.95
American Capital Agency 0.0 $3.2k 141.00 22.57
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.0 $25k 235.00 106.40
Babcock & Wilcox 0.0 $4.1k 123.00 33.72
Wells Fargo & Company 8% 0.0 $14k 476.00 28.35
Citigroup Capital 7.8 preferr (C.PN) 0.0 $14k 494.00 27.47
Vornado Realty Lp 7.875% Call 0.0 $14k 521.00 26.22
Vanguard Long Term Corporate Bond ETF (VCLT) 0.0 $13k 160.00 81.99
Entergy Corp p 0.0 $14k 525.00 26.05
Covidien 0.0 $4.7k 77.00 60.94
D Qwest Corp 7.375%, 6/1/51 pfddom 0.0 $14k 545.00 25.02
Nextera Energy 8.75 p 0.0 $14k 527.00 25.83
Telephone And Data Systems (TDS) 0.0 $4.2k 142.00 29.55
Aegon 0.0 $14k 502.00 27.32
Duke Energy (DUK) 0.0 $4.9k 74.00 66.77
Stanleyblack&decker5.75 p 0.0 $9.4k 428.00 22.02
Linn 0.0 $13k 449.00 29.18
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.0 $13k 455.00 29.50
Apollo Invt Corp equs 0.0 $13k 614.00 21.71
Nustar Logistics Lp prf 0.0 $15k 588.00 25.24
Ameriprise Financial Inc prf 0.0 $14k 525.00 25.90
Hos Us conv 0.0 $17k 13.00 1299.08
Unidyn 0.0 $0 3.0k 0.00