Laffer Investments

Laffer Investments as of Dec. 31, 2019

Portfolio Holdings for Laffer Investments

Laffer Investments holds 136 positions in its portfolio as reported in the December 2019 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Becton Dickinson & Co pfd shs conv a 3.0 $4.5M 69k 65.48
Dominion Energy Inc unit 99/99/9999 2.8 $4.3M 40k 106.89
Crown Castle Intl Corp New 6.875% con pfd a 2.8 $4.2M 3.3k 1281.92
Danaher Corporation 4.75 mnd cv p 2.7 $4.0M 3.4k 1183.82
Deutsche Bank Ag London convertible bond 2.1 $3.2M 3.0k 1052.01
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 2.1 $3.1M 2.2k 1450.25
Illumina Inc conv 2.1 $3.1M 2.2k 1390.49
Priceline Group Inc/the conv 2.0 $3.1M 2.6k 1165.27
Sempra Energy convertible preferred security 2.0 $3.0M 25k 120.30
Tpg Specialty Lending Inc note 4.500% 8/0 2.0 $2.9M 2.7k 1103.01
Stanley Black & Deck unit 11/15/2022 2.0 $2.9M 27k 108.82
Ares Capital Corp convertible security 1.9 $2.9M 2.6k 1099.85
Hannon Armstrong Sust Infr C note 4.125% 9/0 1.9 $2.9M 2.3k 1245.38
Tcp Capital Corp convertible security 1.8 $2.7M 2.6k 1057.84
Assurant Inc convertible preferred security 1.8 $2.7M 21k 128.60
American Rlty Cap Pptys Inc note 3.750%12/1 1.8 $2.7M 2.6k 1019.69
Centerpnt Enrg Ds Rep 1/20 Srs B Prf 1.8 $2.7M 55k 48.81
New Mtn Fin Corp note 5.750% 8/1 1.8 $2.6M 2.4k 1094.72
Fortive Corporation convertible preferred security 1.7 $2.5M 2.6k 974.31
Hercules Capital Inc dbcv 4.375% 2/0 1.6 $2.4M 2.3k 1065.11
Broadcom 8 00 Manda Conv Srs A Prf 1.6 $2.4M 2.0k 1171.18
Csg Sys Intl Inc note 4.250% 3/1 1.6 $2.3M 2.0k 1158.38
Spirit Rlty Cap Inc New Note cb 1.5 $2.3M 2.2k 1045.07
On Semiconductor Corp note 1.625%10/1 1.5 $2.2M 1.6k 1387.42
Dte Energy Co convertible preferred security 1.4 $2.2M 42k 51.37
Amgen (AMGN) 1.4 $2.2M 9.0k 241.07
Intl F & F convertible preferred security 1.4 $2.1M 44k 48.02
Johnson & Johnson (JNJ) 1.4 $2.0M 14k 145.87
JPMorgan Chase & Co. (JPM) 1.3 $1.9M 14k 139.40
Texas Instruments Incorporated (TXN) 1.3 $1.9M 15k 128.29
Home Depot (HD) 1.3 $1.9M 8.7k 218.38
Cisco Systems (CSCO) 1.3 $1.9M 40k 47.96
Synaptics Inc note 0.500% 6/1 1.2 $1.7M 1.6k 1112.82
Verint Sys Inc note 1.5% 6/1 1.1 $1.7M 1.6k 1076.50
Bunge Limited 4.875% Cum. Cv. pfd cv 1.1 $1.7M 17k 103.44
Interdigital Inc 1.5% 3/1/20 convertible bond 1.1 $1.7M 1.7k 1010.55
South Jersey Inds Inc unit 99/99/9999 1.1 $1.7M 32k 52.30
Greenbrier Companies Inc convertible security 1.0 $1.5M 1.5k 994.87
Broadcom (AVGO) 1.0 $1.5M 4.8k 316.02
Southern Co unit 08/01/2022 1.0 $1.5M 28k 53.82
Morgan Stanley (MS) 1.0 $1.5M 28k 51.12
United Parcel Service (UPS) 1.0 $1.4M 12k 117.06
Amg Capital Trust Ii convert (AATRL) 0.9 $1.4M 29k 47.84
Cypress Semiconductor Co convertible security 0.9 $1.4M 1.1k 1230.39
Starbucks Corporation (SBUX) 0.9 $1.4M 16k 87.92
Apple (AAPL) 0.9 $1.3M 4.5k 293.65
Microsoft Corporation (MSFT) 0.9 $1.3M 8.4k 157.70
Abbvie (ABBV) 0.9 $1.3M 15k 88.54
Wal-Mart Stores (WMT) 0.8 $1.2M 10k 118.84
Starwood Property Trust Inc convertible security 0.8 $1.2M 1.2k 1061.47
United Technologies Corporation 0.8 $1.2M 8.2k 149.76
Western Digital Corp note 1.500% 2/0 0.7 $1.1M 1.1k 993.08
Coca-Cola Company (KO) 0.7 $1.1M 20k 55.35
Chevron Corporation (CVX) 0.7 $1.0M 8.6k 120.51
U.S. Bancorp (USB) 0.6 $959k 16k 59.29
Medtronic (MDT) 0.6 $958k 8.4k 113.45
Intel Corporation (INTC) 0.6 $913k 15k 59.85
McDonald's Corporation (MCD) 0.6 $864k 4.4k 197.61
American Elec Pwr Co Inc unit 03/15/2022 0.6 $866k 16k 54.09
Boeing Company (BA) 0.6 $836k 2.6k 325.76
3M Company (MMM) 0.5 $814k 4.6k 176.42
Pepsi (PEP) 0.5 $780k 5.7k 136.67
BlackRock 0.5 $753k 1.5k 502.70
Ishares Tr fltg rate nt (FLOT) 0.5 $739k 15k 50.92
T. Rowe Price (TROW) 0.5 $719k 5.9k 121.84
Simon Property (SPG) 0.5 $704k 4.7k 148.96
Legg Mason 0.5 $670k 19k 35.91
Philip Morris International (PM) 0.5 $674k 7.9k 85.09
Palo Alto Networks I note 0.750% 7/0 0.5 $677k 609.00 1112.07
Oneok (OKE) 0.4 $663k 8.8k 75.67
Ishares Tr 0-5yr invt gr cp (SLQD) 0.4 $661k 13k 51.04
Ladder Capital Corp Class A (LADR) 0.4 $659k 37k 18.04
Ares Capital Corporation (ARCC) 0.4 $633k 34k 18.65
At&t (T) 0.4 $610k 16k 39.08
Valero Energy Corporation (VLO) 0.4 $618k 6.6k 93.65
Bce (BCE) 0.4 $614k 13k 46.35
Industries N shs - a - (LYB) 0.4 $597k 6.3k 94.48
J.M. Smucker Company (SJM) 0.4 $585k 5.6k 104.13
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.4 $579k 11k 53.63
Procter & Gamble Company (PG) 0.3 $518k 4.2k 124.90
International Paper Company (IP) 0.3 $502k 11k 46.05
Spdr S&p 500 Etf (SPY) 0.3 $488k 1.5k 321.86
iShares Lehman MBS Bond Fund (MBB) 0.3 $425k 3.9k 108.06
Marathon Petroleum Corp (MPC) 0.2 $369k 6.1k 60.25
Verizon Communications (VZ) 0.2 $356k 5.8k 61.40
Kinder Morgan (KMI) 0.2 $361k 17k 21.17
Eaton (ETN) 0.2 $356k 3.8k 94.72
Ishares Tr conv bd etf (ICVT) 0.2 $354k 5.7k 62.71
Dominion Resources (D) 0.2 $342k 4.1k 82.82
Energizer Hldgs Inc New 7.5 mcnv pfd a 0.2 $346k 3.3k 104.58
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.2 $324k 8.5k 38.19
Energy Transfer Partners p 0.2 $324k 13k 24.82
Abbott Laboratories (ABT) 0.2 $311k 3.6k 86.86
Crown Castle Intl (CCI) 0.2 $321k 2.3k 142.15
Two Harbors Inv Corp p (TWO.PC) 0.2 $309k 12k 26.13
Citizens Financial Group, Inc equity (CFG.PD) 0.2 $316k 11k 28.29
SPDR Barclays Capital Convertible SecETF (CWB) 0.2 $297k 5.3k 55.50
Nustar Logistics Lp prf 0.2 $300k 12k 25.78
Morgan Stanley 6.875 Pfd Cal (MS.PF) 0.2 $303k 11k 28.30
Digital Real 6.625 Pfd preferred 0.2 $304k 12k 26.34
Brunswick Corp 6.5 p (BC.PA) 0.2 $307k 11k 27.33
Nextera Energy (NEE) 0.2 $280k 1.2k 242.16
Citigroup Inc. 7.125% prd 0.2 $290k 10k 28.34
Comcast Corporation (CMCSA) 0.2 $276k 6.1k 44.97
Magellan Midstream Partners 0.2 $260k 4.1k 62.87
Ishares U S Etf Tr int rt hdg c b (IGBH) 0.2 $249k 9.8k 25.34
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.2 $234k 1.8k 127.96
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $231k 2.6k 87.94
iShares S&P India Nifty 50 Index Fund (INDY) 0.1 $222k 5.7k 38.62
iShares MSCI France Index (EWQ) 0.1 $230k 7.0k 32.71
Global X Fds glob x nor etf 0.1 $226k 18k 12.53
Dbx Etf Tr dbxtr har cs 300 (ASHR) 0.1 $227k 7.7k 29.64
Ishares Tr hdg msci germn (HEWG) 0.1 $226k 7.8k 28.99
Franklin Templeton Etf Tr liberty hi yld (FLHY) 0.1 $221k 8.4k 26.19
Vereit Pfd p 0.1 $211k 8.3k 25.50
Ishares Tr msci cda etf 0.1 $209k 7.7k 26.96
Vanguard Short Term Corporate Bond ETF (VCSH) 0.1 $185k 2.3k 81.03
Vaneck Vec Invt Grade Fltg Rate Etf etf/closed end fund (FLTR) 0.1 $185k 7.3k 25.31
Alphabet Inc Class A cs (GOOGL) 0.1 $131k 98.00 1339.39
Invesco Actively Managd Etf Ultra Shrt Dur etf/fixed income (GSY) 0.1 $123k 2.4k 50.38
FedEx Corporation (FDX) 0.1 $106k 698.00 151.21
Lowe's Companies (LOW) 0.1 $109k 911.00 119.76
Facebook Inc cl a (META) 0.1 $101k 490.00 205.25
Goldman Sachs (GS) 0.1 $87k 378.00 229.93
American Express Company (AXP) 0.1 $92k 741.00 124.49
Walt Disney Company (DIS) 0.1 $83k 573.00 144.63
Oracle Corporation (ORCL) 0.1 $86k 1.6k 52.98
Berkshire Hathaway (BRK.B) 0.1 $72k 317.00 226.50
salesforce (CRM) 0.1 $71k 437.00 162.64
Palo Alto Networks (PANW) 0.1 $73k 317.00 231.25
stock 0.0 $66k 443.00 149.77
Equinix (EQIX) 0.0 $45k 77.00 583.69
Tiffany & Co. 0.0 $23k 173.00 133.65
Visa (V) 0.0 $31k 164.00 187.90
iShares Barclays TIPS Bond Fund (TIP) 0.0 $23k 200.00 116.57
Stone Ridge Tr V Alt Lendg Pre mf (LENDX) 0.0 $119.000200 11.00 10.82