Laffer Investments

Laffer Investments as of March 31, 2014

Portfolio Holdings for Laffer Investments

Laffer Investments holds 216 positions in its portfolio as reported in the March 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Williams Companies (WMB) 2.0 $12M 303k 40.58
Ensco Plc Shs Class A 1.8 $11M 212k 52.78
Industries N shs - a - (LYB) 1.7 $11M 118k 88.94
Oneok (OKE) 1.6 $10M 173k 59.25
Microsoft Corporation (MSFT) 1.6 $10M 249k 40.99
Nextera Energy (NEE) 1.6 $10M 104k 95.62
American Realty Capital Prop 1.6 $9.8M 701k 14.02
Pinnacle Foods Inc De 1.6 $9.7M 325k 29.86
Omega Healthcare Investors (OHI) 1.5 $9.5M 282k 33.52
Northstar Realty Finance 1.5 $9.4M 585k 16.14
Target Corporation (TGT) 1.5 $9.3M 154k 60.51
Vodafone Group New Adr F (VOD) 1.5 $9.3M 254k 36.81
BlackRock 1.5 $9.2M 29k 314.48
Johnson & Johnson (JNJ) 1.5 $9.2M 94k 98.23
GlaxoSmithKline 1.5 $9.1M 171k 53.43
General Mills (GIS) 1.4 $8.9M 171k 51.82
Bce (BCE) 1.4 $8.7M 203k 43.14
Access Midstream Partners, L.p 1.4 $8.8M 152k 57.55
Apple (AAPL) 1.4 $8.7M 16k 536.74
Coca-Cola Company (KO) 1.4 $8.6M 222k 38.66
General Electric Company 1.4 $8.6M 332k 25.89
Wp Carey (WPC) 1.4 $8.4M 140k 60.07
Philip Morris International (PM) 1.3 $8.3M 102k 81.87
Hercules Technology Growth Capital (HTGC) 1.3 $8.2M 582k 14.07
Genesis Energy (GEL) 1.3 $8.1M 150k 54.20
Ishares Tr zealand invst (ENZL) 1.0 $6.1M 143k 42.95
iShares MSCI Switzerland Index Fund (EWL) 0.9 $5.9M 171k 34.34
Spdr S&p 500 Etf (SPY) 0.9 $5.7M 31k 187.01
iShares MSCI Sweden Index (EWD) 0.9 $5.6M 154k 36.62
iShares MSCI Canada Index (EWC) 0.9 $5.4M 182k 29.55
iShares MSCI Hong Kong Index Fund (EWH) 0.8 $5.3M 266k 19.78
WisdomTree Japan Total Dividend (DXJ) 0.8 $5.1M 107k 47.34
Gilead Sciences conv 0.8 $5.1M 1.6k 3126.27
iShares MSCI Singapore Index Fund 0.8 $5.0M 382k 13.06
Wellpoint Inc Note cb 0.7 $4.2M 2.8k 1484.45
Bristol Myers Squibb (BMY) 0.6 $3.9M 76k 51.95
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.6 $3.7M 3.2k 1173.00
Sandisk Corp note 1.500% 8/1 0.6 $3.4M 2.1k 1648.58
Valero Energy Corporation (VLO) 0.5 $3.4M 63k 53.10
Allergan 0.5 $3.3M 27k 124.10
Corning Incorporated (GLW) 0.5 $3.3M 159k 20.82
Morgan Stanley (MS) 0.5 $3.1M 100k 31.17
Safeway 0.5 $3.1M 84k 36.94
Applied Materials (AMAT) 0.5 $3.1M 151k 20.41
Dominion Resources Inc 6% 07/01/2016 conbnp 0.5 $3.1M 54k 57.77
Legg Mason 0.5 $3.0M 62k 49.04
Pitney Bowes (PBI) 0.5 $3.1M 118k 25.99
Danaher Corporation (DHR) 0.5 $3.0M 41k 75.00
Intel Corp sdcv 0.5 $3.0M 2.5k 1196.25
Seagate Technology Com Stk 0.5 $3.1M 55k 56.16
Ford Mtr Co Del note 4.250%11/1 0.5 $3.0M 1.6k 1846.01
Expedia (EXPE) 0.5 $3.0M 41k 72.50
United Technol conv prf 0.5 $3.0M 45k 66.57
Nextera Energy Inc conv prf 0.5 $3.0M 48k 63.11
Vulcan Materials Company (VMC) 0.5 $2.9M 44k 66.45
Nextera Energy Inc unit 0.5 $2.9M 48k 61.33
Marsh & McLennan Companies (MMC) 0.5 $2.8M 58k 49.30
Lorillard 0.5 $2.9M 53k 54.08
Ace Limited Cmn 0.5 $2.8M 28k 99.06
McGraw-Hill Companies 0.5 $2.8M 37k 76.30
Trinity Inds Inc note 3.875% 6/0 0.4 $2.7M 1.7k 1614.93
Brown-Forman Corporation (BF.B) 0.4 $2.7M 31k 89.69
Broadcom Corporation 0.4 $2.7M 87k 31.47
Ryder System (R) 0.4 $2.7M 34k 79.92
Travelers Companies (TRV) 0.4 $2.7M 31k 85.10
Old Republic Intl Corp note 0.4 $2.7M 2.1k 1246.86
Perrigo Company (PRGO) 0.4 $2.6M 17k 154.66
Comerica Incorporated (CMA) 0.4 $2.6M 50k 51.80
Xilinx 0.4 $2.6M 49k 54.27
Linear Technology Corporation 0.4 $2.6M 54k 48.69
Omni (OMC) 0.4 $2.6M 36k 72.60
Frontier Communications 0.4 $2.6M 455k 5.71
Sempra Energy (SRE) 0.4 $2.6M 27k 96.76
Amphenol Corporation (APH) 0.4 $2.6M 29k 91.65
KLA-Tencor Corporation (KLAC) 0.4 $2.6M 38k 69.14
Developers Diversified Rlty note 1.750%11/1 0.4 $2.6M 2.2k 1170.79
Northern Trust Corporation (NTRS) 0.4 $2.5M 38k 65.56
Moody's Corporation (MCO) 0.4 $2.6M 32k 79.32
Host Hotels & Resorts (HST) 0.4 $2.6M 126k 20.24
T. Rowe Price (TROW) 0.4 $2.6M 31k 82.35
Sherwin-Williams Company (SHW) 0.4 $2.5M 13k 197.13
PerkinElmer (RVTY) 0.4 $2.5M 56k 45.06
CIGNA Corporation 0.4 $2.5M 30k 83.73
Cintas Corporation (CTAS) 0.4 $2.5M 42k 59.61
Pioneer Natural Resources 0.4 $2.5M 14k 187.14
Marathon Oil Corporation (MRO) 0.4 $2.5M 72k 35.52
Invesco (IVZ) 0.4 $2.6M 69k 37.00
Key (KEY) 0.4 $2.5M 179k 14.24
Cme (CME) 0.4 $2.5M 33k 74.02
Fidelity National Information Services (FIS) 0.4 $2.5M 47k 53.45
Microchip Technology (MCHP) 0.4 $2.5M 52k 47.76
Harley-Davidson (HOG) 0.4 $2.5M 38k 66.61
Analog Devices (ADI) 0.4 $2.5M 46k 53.14
Unum (UNM) 0.4 $2.5M 70k 35.31
Computer Sciences Corporation 0.4 $2.5M 41k 60.82
Weyerhaeuser Company (WY) 0.4 $2.5M 84k 29.35
Hershey Company (HSY) 0.4 $2.5M 24k 104.40
Dr Pepper Snapple 0.4 $2.5M 46k 54.46
Kohl's Corporation (KSS) 0.4 $2.5M 43k 56.80
Reynolds American 0.4 $2.4M 45k 53.42
Metlife Inc 5% 10/0/14 Conv Pr cv prf 0.4 $2.4M 80k 30.68
Priceline.com debt 1.000% 3/1 0.4 $2.4M 1.7k 1415.63
Graham Hldgs (GHC) 0.4 $2.4M 3.5k 703.75
Paychex (PAYX) 0.4 $2.4M 55k 42.60
Roper Industries (ROP) 0.4 $2.4M 18k 133.51
Hormel Foods Corporation (HRL) 0.4 $2.4M 48k 49.27
Tiffany & Co. 0.4 $2.3M 27k 86.15
CenturyLink 0.4 $2.3M 70k 32.84
Wisconsin Energy Corporation 0.4 $2.3M 50k 46.55
Fastenal Company (FAST) 0.4 $2.3M 47k 49.30
DTE Energy Company (DTE) 0.4 $2.3M 31k 74.29
CMS Energy Corporation (CMS) 0.4 $2.2M 75k 29.28
Equifax (EFX) 0.4 $2.2M 33k 68.03
Nordstrom 0.4 $2.3M 36k 62.45
Interpublic Group of Companies (IPG) 0.4 $2.3M 132k 17.14
Clorox Company (CLX) 0.4 $2.2M 26k 88.01
Robert Half International (RHI) 0.4 $2.3M 54k 41.95
Leggett & Platt (LEG) 0.3 $2.2M 67k 32.64
W.W. Grainger (GWW) 0.3 $2.2M 8.7k 252.66
Apartment Investment and Management 0.3 $2.2M 71k 30.22
Ca 0.3 $2.2M 70k 30.98
Whole Foods Market 0.3 $2.2M 43k 50.71
Altera Corporation 0.3 $2.2M 61k 36.23
Xl Group 0.3 $2.2M 70k 31.25
Intel Corp. Jr. Sub. Cv. Deb. conv 0.3 $2.2M 1.6k 1409.58
Darden Restaurants (DRI) 0.3 $2.1M 42k 50.76
CenterPoint Energy (CNP) 0.3 $2.1M 90k 23.69
Quest Diagnostics Incorporated (DGX) 0.3 $2.1M 36k 57.92
SCANA Corporation 0.3 $2.1M 41k 51.32
Lam Research Corp conv 0.3 $2.1M 1.7k 1253.07
Windstream Hldgs 0.3 $2.1M 254k 8.24
Chesapeake Energy Corp note 2.750%11/1 0.3 $2.0M 1.9k 1062.52
People's United Financial 0.3 $2.1M 139k 14.87
Health Care Reit Inc note 3.000%12/0 0.3 $2.1M 1.7k 1206.84
Apollo Invt Corp note 5.750% 1/1 0.3 $2.0M 1.9k 1089.19
Ares Capital Corp 5.75 16 convert 0.3 $2.0M 1.8k 1109.22
Weyerhaeuser C conv prf 0.3 $2.0M 38k 54.60
Peabody Energy Corporation 0.3 $2.0M 120k 16.34
PetSmart 0.3 $2.0M 29k 68.91
TECO Energy 0.3 $2.0M 115k 17.15
Tesoro Corporation 0.3 $2.0M 40k 50.59
Alexandria Real Estate Equitie conv prf 0.3 $2.0M 74k 26.98
Rayonier Inc conv 0.3 $2.0M 1.4k 1465.82
Western Union Company (WU) 0.3 $1.9M 118k 16.36
Dun & Bradstreet Corporation 0.3 $1.9M 19k 99.35
Bemis Company 0.3 $1.9M 49k 39.24
Plum Creek Timber 0.3 $1.9M 45k 42.04
L-3 Communications Corp debt 3.000% 8/0 0.3 $1.9M 1.4k 1343.08
Best Buy (BBY) 0.3 $1.8M 70k 26.41
Prologis Inc note 3.250% 3/1 0.3 $1.8M 1.6k 1174.33
Cablevision Systems Corporation 0.3 $1.8M 108k 16.87
Ppl Corporation 8.75% pfd cv 0.3 $1.8M 33k 54.70
Noble Corp Plc equity 0.3 $1.8M 55k 32.74
Family Dollar Stores 0.3 $1.7M 30k 58.01
Alerian Mlp Etf 0.3 $1.7M 97k 17.66
Bunge Limited 4.875% Cum. Cv. pfd cv 0.3 $1.7M 16k 105.89
Stanley Black & Decker Inc unit 99/99/9999 0.3 $1.7M 13k 127.48
Prospect Capital Corp note 0.3 $1.7M 1.5k 1069.75
Intercontinental Exchange (ICE) 0.3 $1.7M 8.6k 197.83
Health Care Reit Pfd I 6.5% 0.3 $1.6M 29k 55.53
Jabil Circuit (JBL) 0.2 $1.6M 88k 18.00
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.2 $1.6M 13k 116.94
Jns 3.25% 7/15/2014 note 0.2 $1.6M 1.5k 1020.00
Staples 0.2 $1.5M 131k 11.34
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.2 $1.5M 14k 109.06
Cliffs Nat Res Inc Dep1/40th P preferred stocks 0.2 $1.5M 73k 20.73
Hos Us conv 0.2 $1.4M 1.2k 1142.59
Genesee & Wyoming 0.2 $1.4M 11k 129.68
Rpm International Inc convertible cor 0.2 $1.4M 1.2k 1169.28
Xilinx Inc Cvt 2.625 6-15-17 convert 0.2 $1.3M 676.00 1891.01
Toll Bros Finance Corp. convertible bond 0.2 $1.3M 1.2k 1064.32
Starwood Property Trust note 0.2 $1.2M 1.1k 1149.42
Omnicare Inc bond 0.2 $1.3M 1.2k 1026.77
Novellus Systems, Inc. note 2.625% 5/1 0.2 $1.2M 686.00 1727.36
Stanley Black & Decker Inc Uni p 0.2 $1.2M 11k 107.94
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.2 $1.1M 10k 105.48
Ishares Tr fltg rate nt (FLOT) 0.2 $1.1M 21k 50.71
iShares Barclays TIPS Bond Fund (TIP) 0.2 $1.0M 9.1k 112.10
Nuance Communications Inc dbcv 2.750% 8/1 0.1 $912k 847.00 1077.04
Centerpoint Energy Inc Vq 09-1 convert 0.1 $893k 17k 52.59
Clyme US Cptl Mkts Mco Trm Fxd Idx 0.1 $780k 16k 50.26
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $668k 7.1k 94.39
National Health Invs Inc note 0.0 $169k 170.00 996.64
Keycorp New pfd 7.75% sr a 0.0 $117k 905.00 129.39
iShares Dow Jones Select Dividend (DVY) 0.0 $121k 1.7k 73.32
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.0 $137k 1.6k 84.45
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.0 $107k 889.00 120.71
McDonald's Corporation (MCD) 0.0 $69k 706.00 98.03
Mattel (MAT) 0.0 $65k 1.6k 40.11
Altria (MO) 0.0 $70k 1.9k 37.43
Southern Company (SO) 0.0 $39k 896.00 43.93
Tupperware Brands Corporation 0.0 $66k 786.00 83.76
Ares Capital Corporation (ARCC) 0.0 $68k 3.9k 17.62
Suburban Propane Partners (SPH) 0.0 $63k 1.5k 41.54
National Grid 0.0 $74k 1.1k 68.74
Kinder Morgan Energy Partners 0.0 $64k 868.00 73.95
Consumer Staples Select Sect. SPDR (XLP) 0.0 $57k 1.3k 43.06
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.0 $47k 462.00 101.73
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.0 $80k 937.00 84.98
Wells Fargo & Company 8% 0.0 $69k 2.4k 29.14
Vornado Realty Lp 7.875% Call 0.0 $67k 2.6k 25.80
Entergy Corp p 0.0 $67k 2.6k 25.45
D Qwest Corp 7.375%, 6/1/51 pfddom 0.0 $71k 2.7k 26.15
Aegon 0.0 $71k 2.4k 28.90
Linn 0.0 $62k 2.3k 27.05
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.0 $70k 2.3k 30.50
Apollo Invt Corp equs 0.0 $74k 3.0k 24.28
Nustar Logistics Lp prf 0.0 $72k 2.7k 26.80
Ameriprise Financial Inc prf 0.0 $68k 2.6k 25.62
Citigroup Inc. 7.125% prd 0.0 $67k 2.5k 26.40
Seaspan Corp Pfd E 8.25% p 0.0 $70k 2.7k 25.54
Exxon Mobil Corporation (XOM) 0.0 $20k 200.00 97.68
Royal Dutch Shell 0.0 $1.6k 20.00 78.10
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.0 $26k 235.00 109.10
One Gas (OGS) 0.0 $1.6k 45.00 35.91
Vanguard Pa Long Term Tax Exempt mutual fund 0.0 $26.000000 2.00 13.00