Laffer Investments

Laffer Investments as of Sept. 30, 2019

Portfolio Holdings for Laffer Investments

Laffer Investments holds 122 positions in its portfolio as reported in the September 2019 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Becton Dickinson & Co pfd shs conv a 3.6 $4.2M 67k 61.93
Crown Castle Intl Corp New 6.875% con pfd a 3.5 $4.1M 3.3k 1264.06
Dominion Energy Inc unit 99/99/9999 3.5 $4.1M 39k 105.65
Danaher Corporation 4.75 mnd cv p 3.3 $3.8M 3.4k 1140.33
Stanley Black & Decker Inc unit 05/15/2020 2.8 $3.3M 33k 100.83
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 2.7 $3.2M 2.1k 1516.53
Priceline Group Inc/the conv 2.6 $3.0M 2.6k 1161.10
Deutsche Bank Ag London convertible bond 2.6 $3.0M 3.0k 1008.84
Centerpnt Enrg Ds Rep 1/20 Srs B Prf 2.5 $3.0M 57k 52.35
Illumina Inc conv 2.5 $2.9M 2.2k 1331.05
Sempra Energy convertible preferred security 2.5 $2.9M 25k 118.17
Tpg Specialty Lending Inc note 4.500% 8/0 2.4 $2.8M 2.6k 1065.60
American Rlty Cap Pptys Inc note 3.750%12/1 2.4 $2.8M 2.7k 1036.11
Ares Capital Corp convertible security 2.4 $2.8M 2.6k 1066.31
Tcp Capital Corp convertible security 2.3 $2.6M 2.6k 1034.68
Assurant Inc convertible preferred security 2.2 $2.6M 21k 125.35
Hannon Armstrong Sust Infr C note 4.125% 9/0 2.2 $2.6M 2.3k 1129.83
New Mtn Fin Corp note 5.750% 8/1 2.1 $2.5M 2.4k 1057.82
Nxp Semiconductors N V dbcv 1.000% 12/0 2.0 $2.4M 2.2k 1097.27
Hercules Capital Inc dbcv 4.375% 2/0 2.0 $2.3M 2.2k 1043.56
Spirit Rlty Cap Inc New Note cb 1.9 $2.3M 2.2k 1055.07
Fortive Corporation convertible preferred security 1.9 $2.3M 2.5k 902.37
Csg Sys Intl Inc note 4.250% 3/1 1.9 $2.2M 2.0k 1135.28
Intl F & F convertible preferred security 1.7 $2.0M 43k 46.94
On Semiconductor Corp note 1.625%10/1 1.6 $1.9M 1.6k 1219.84
Interdigital Inc 1.5% 3/1/20 convertible bond 1.5 $1.8M 1.8k 1000.61
Broadcom 8 00 Manda Conv Srs A Prf 1.5 $1.8M 1.7k 1026.75
Bunge Limited 4.875% Cum. Cv. pfd cv 1.4 $1.6M 16k 101.37
South Jersey Inds Inc unit 99/99/9999 1.4 $1.6M 31k 52.06
Verint Sys Inc note 1.5% 6/1 1.4 $1.6M 1.6k 1019.88
Southern Co unit 08/01/2022 1.3 $1.5M 28k 53.51
Greenbrier Companies Inc convertible security 1.2 $1.5M 1.5k 966.60
Synaptics Inc note 0.500% 6/1 1.2 $1.4M 1.5k 935.91
Amg Capital Trust Ii convert (AATRL) 1.2 $1.4M 29k 48.16
Cypress Semiconductor Co convertible security 1.2 $1.4M 1.1k 1219.29
Starwood Property Trust Inc convertible security 1.1 $1.2M 1.1k 1078.25
Dycom Inds Inc Note 0.750% 9/1 bond 0.8 $952k 994.00 957.56
American Elec Pwr Co Inc unit 03/15/2022 0.8 $884k 16k 55.22
JPMorgan Chase & Co. (JPM) 0.7 $813k 6.9k 117.69
Texas Instruments Incorporated (TXN) 0.7 $808k 6.3k 129.24
Legg Mason 0.7 $775k 20k 38.19
Pepsi (PEP) 0.7 $776k 5.7k 137.10
United Parcel Service (UPS) 0.6 $733k 6.1k 119.82
Amgen (AMGN) 0.6 $726k 3.8k 193.51
Oneok (OKE) 0.6 $722k 9.8k 73.69
Bce (BCE) 0.6 $711k 15k 48.41
Cracker Barrel Old Country Store (CBRL) 0.6 $705k 4.3k 162.65
Ladder Capital Corp Class A (LADR) 0.6 $697k 40k 17.27
J.M. Smucker Company (SJM) 0.6 $688k 6.3k 110.02
Ares Capital Corporation (ARCC) 0.6 $696k 37k 18.64
Broadcom (AVGO) 0.6 $686k 2.5k 276.07
At&t (T) 0.6 $664k 18k 37.84
Cisco Systems (CSCO) 0.6 $643k 13k 49.41
Johnson & Johnson (JNJ) 0.5 $615k 4.8k 129.38
Valero Energy Corporation (VLO) 0.5 $617k 7.2k 85.24
Industries N shs - a - (LYB) 0.5 $624k 7.0k 89.47
Palo Alto Networks I note 0.750% 7/0 0.5 $623k 588.00 1059.92
Ishares Tr fltg rate nt (FLOT) 0.5 $608k 12k 50.97
Rio Tinto (RIO) 0.5 $601k 12k 52.09
Abbvie (ABBV) 0.5 $599k 7.9k 75.72
Ishares Tr 0-5yr invt gr cp (SLQD) 0.5 $537k 11k 51.14
Kohl's Corporation (KSS) 0.4 $504k 10k 49.66
Altria (MO) 0.4 $488k 12k 40.90
Spdr S&p 500 Etf (SPY) 0.4 $467k 1.6k 296.77
Nextera Energy (NEE) 0.4 $468k 2.0k 232.99
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.4 $451k 8.4k 53.67
Crown Castle Intl (CCI) 0.4 $447k 3.2k 139.01
iShares Lehman MBS Bond Fund (MBB) 0.4 $428k 4.0k 108.30
Dominion Resources (D) 0.4 $425k 5.2k 81.04
Eaton (ETN) 0.3 $392k 4.7k 83.15
Bank Of Nt Butterfield&son L (NTB) 0.3 $361k 12k 29.64
Magellan Midstream Partners 0.3 $356k 5.4k 66.27
Kinder Morgan (KMI) 0.3 $335k 16k 20.61
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.3 $313k 8.1k 38.80
Energizer Hldgs Inc New 7.5 mcnv pfd a 0.3 $299k 3.1k 95.44
Citizens Financial Group, Inc equity (CFG.PD) 0.3 $299k 11k 28.15
Nustar Logistics Lp prf (NSS) 0.2 $287k 11k 25.89
Digital Real 6.625 Pfd preferred 0.2 $292k 11k 26.63
Two Harbors Inv Corp p (TWO.PC) 0.2 $291k 11k 25.92
Citigroup Inc. 7.125% prd (C.PJ) 0.2 $276k 9.7k 28.40
Morgan Stanley 6.875 Pfd Cal (MS.PF) 0.2 $285k 10k 28.02
Brunswick Corp 6.5 p (BC.PA) 0.2 $283k 11k 26.62
Energy Transfer Partners p 0.2 $262k 11k 24.70
Vereit Pfd p 0.2 $250k 9.9k 25.35
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.2 $224k 1.8k 127.48
Ishares U S Etf Tr int rt hdg c b (IGBH) 0.2 $218k 9.0k 24.11
Franklin Templeton Etf Tr liberty hi yld (FLHY) 0.2 $218k 8.4k 25.84
iShares MSCI France Index (EWQ) 0.2 $207k 6.9k 30.14
Ishares Tr hdg msci germn (HEWG) 0.2 $209k 7.7k 27.13
Ishares Tr msci cda etf 0.2 $213k 7.9k 26.98
Ishares Inc etp (EWT) 0.2 $213k 5.9k 36.36
Ishares Tr conv bd etf (ICVT) 0.2 $204k 3.5k 58.14
iShares iBoxx $ High Yid Corp Bond (HYG) 0.2 $188k 2.2k 87.17
Global X Fds glob x nor etf 0.2 $188k 16k 11.62
Vanguard Short Term Corporate Bond ETF (VCSH) 0.2 $184k 2.3k 81.05
Dbx Etf Tr dbxtr har cs 300 (ASHR) 0.2 $191k 7.1k 27.09
Vaneck Vec Invt Grade Fltg Rate Etf etf/closed end fund (FLTR) 0.1 $177k 7.0k 25.24
Invesco Actively Managd Etf Ultra Shrt Dur etf/fixed income (GSY) 0.1 $116k 2.3k 50.41
Apple (AAPL) 0.0 $25k 110.00 223.96
iShares Barclays TIPS Bond Fund (TIP) 0.0 $23k 200.00 116.29
Microsoft Corporation (MSFT) 0.0 $6.4k 46.00 139.02
Coca-Cola Company (KO) 0.0 $6.5k 119.00 54.44
Wal-Mart Stores (WMT) 0.0 $6.8k 57.00 118.67
Home Depot (HD) 0.0 $7.2k 31.00 232.00
iShares Dow Jones Select Dividend (DVY) 0.0 $6.0k 59.00 101.95
BlackRock (BLK) 0.0 $3.6k 8.00 445.62
U.S. Bancorp (USB) 0.0 $5.5k 99.00 55.33
McDonald's Corporation (MCD) 0.0 $5.8k 27.00 214.70
Abbott Laboratories (ABT) 0.0 $2.3k 28.00 83.64
Chevron Corporation (CVX) 0.0 $5.6k 47.00 118.60
3M Company (MMM) 0.0 $4.6k 28.00 164.39
T. Rowe Price (TROW) 0.0 $4.1k 36.00 114.25
Boeing Company (BA) 0.0 $5.7k 15.00 380.47
Intel Corporation (INTC) 0.0 $4.8k 93.00 51.53
Morgan Stanley (MS) 0.0 $3.6k 84.00 42.67
Verizon Communications (VZ) 0.0 $3.0k 50.00 60.36
International Paper Company (IP) 0.0 $2.8k 67.00 41.81
Procter & Gamble Company (PG) 0.0 $3.5k 28.00 124.36
United Technologies Corporation 0.0 $5.6k 41.00 136.51
Starbucks Corporation (SBUX) 0.0 $5.7k 65.00 88.42
Marathon Petroleum Corp (MPC) 0.0 $2.3k 38.00 60.74
Medtronic (MDT) 0.0 $5.1k 47.00 108.62