Laffer Investments

Laffer Investments as of March 31, 2020

Portfolio Holdings for Laffer Investments

Laffer Investments holds 126 positions in its portfolio as reported in the March 2020 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Crown Castle Intl Corp New 6.875% con pfd a 3.3 $4.2M 3.3k 1290.69
Becton Dickinson & Co pfd shs conv a 2.9 $3.7M 68k 54.56
Dominion Energy Inc unit 99/99/9999 2.9 $3.7M 40k 93.18
Danaher Corporation 4.75 mnd cv p 2.8 $3.6M 3.4k 1051.42
American Rlty Cap Pptys Inc note 3.750%12/1 2.2 $2.8M 2.8k 1006.13
Broadcom 8 00 Manda Conv Srs A Prf 2.2 $2.8M 3.0k 942.52
Illumina Inc conv 2.2 $2.8M 2.3k 1229.80
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 2.1 $2.8M 2.2k 1271.34
Deutsche Bank Ag London convertible bond 2.1 $2.8M 3.0k 914.90
Priceline Group Inc/the conv 2.1 $2.7M 2.7k 1006.12
Tpg Specialty Lending Inc note 4.500% 8/0 1.9 $2.5M 2.7k 930.18
Tcp Capital Corp convertible security 1.9 $2.5M 2.8k 889.69
Sempra Energy convertible preferred security 1.9 $2.4M 25k 94.81
Ares Capital Corp convertible security 1.8 $2.4M 2.7k 889.69
Spirit Rlty Cap Inc New Note cb 1.8 $2.3M 2.4k 968.39
Assurant Inc convertible preferred security 1.8 $2.2M 21k 105.81
Hannon Armstrong Sust Infr C note 4.125% 9/0 1.7 $2.2M 2.3k 955.52
Fortive Corporation none 1.7 $2.2M 2.3k 935.52
Csg Sys Intl Inc note 4.250% 3/1 1.6 $2.1M 2.0k 1035.20
Hercules Capital Inc dbcv 4.375% 2/0 1.6 $2.1M 2.3k 916.53
New Mtn Fin Corp note 5.750% 8/1 1.6 $2.0M 2.4k 843.77
Johnson & Johnson (JNJ) 1.6 $2.0M 15k 131.13
Amgen (AMGN) 1.5 $2.0M 9.7k 202.73
Stanley Black & Deck unit 11/15/2022 1.5 $1.9M 27k 70.33
Dte Energy Co convertible preferred security 1.5 $1.9M 48k 39.28
Fortive Corporation convertible preferred security 1.5 $1.9M 2.6k 727.48
Starbucks Corporation (SBUX) 1.4 $1.8M 27k 65.74
Cisco Systems (CSCO) 1.4 $1.7M 44k 39.31
Home Depot (HD) 1.3 $1.7M 9.2k 186.71
Intl F & F convertible preferred security 1.3 $1.7M 45k 38.39
Centerpnt Enrg Ds Rep 1/20 Srs B Prf 1.3 $1.7M 59k 29.18
On Semiconductor Corp note 1.625%10/1 1.3 $1.7M 1.6k 1015.00
Synaptics Inc note 0.500% 6/1 1.3 $1.7M 1.6k 1042.38
Texas Instruments Incorporated (TXN) 1.3 $1.6M 16k 99.93
Verint Sys Inc note 1.5% 6/1 1.2 $1.6M 1.6k 972.86
Microsoft Corporation (MSFT) 1.2 $1.6M 9.9k 157.71
Bunge Limited 4.875% Cum. Cv. pfd cv 1.2 $1.6M 17k 94.02
Southern Co unit 08/01/2022 1.2 $1.5M 33k 45.88
McDonald's Corporation (MCD) 1.1 $1.4M 8.4k 165.35
Cypress Semiconductor Co convertible security 1.1 $1.4M 1.1k 1206.96
Abbvie (ABBV) 1.1 $1.4M 18k 76.19
Wal-Mart Stores (WMT) 1.1 $1.3M 12k 113.62
JPMorgan Chase & Co. (JPM) 1.0 $1.3M 15k 90.03
South Jersey Inds Inc unit 99/99/9999 1.0 $1.3M 32k 41.85
Palo Alto Networks I note 0.750% 7/0 1.0 $1.3M 1.3k 966.75
Apple (AAPL) 1.0 $1.3M 5.0k 254.29
Western Digital Corp note 1.500% 2/0 1.0 $1.2M 1.4k 890.63
United Parcel Service (UPS) 0.9 $1.2M 13k 93.42
Broadcom (AVGO) 0.9 $1.2M 5.1k 237.10
Medtronic (MDT) 0.8 $1.1M 12k 90.18
Starwood Property Trust Inc convertible security 0.8 $1.1M 1.2k 900.93
Amg Capital Trust Ii convert (AATRL) 0.8 $1.0M 31k 32.56
Morgan Stanley (MS) 0.8 $994k 29k 34.00
United Technologies Corporation 0.8 $972k 10k 94.33
Coca-Cola Company (KO) 0.8 $966k 22k 44.25
Intel Corporation (INTC) 0.7 $930k 17k 54.12
BlackRock 0.6 $776k 1.8k 439.97
At&t (T) 0.6 $778k 27k 29.15
American Elec Pwr Co Inc unit 03/15/2022 0.6 $775k 16k 48.45
Chevron Corporation (CVX) 0.6 $728k 10k 72.46
3M Company (MMM) 0.6 $703k 5.1k 136.51
Ishares Tr fltg rate nt (FLOT) 0.6 $702k 14k 48.74
Pepsi (PEP) 0.5 $661k 5.5k 120.10
T. Rowe Price (TROW) 0.5 $648k 6.6k 97.65
Ishares Tr 0-5yr invt gr cp (SLQD) 0.5 $644k 13k 50.14
Philip Morris International (PM) 0.4 $561k 7.7k 72.96
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.4 $559k 11k 52.36
Bce (BCE) 0.4 $528k 13k 40.86
Procter & Gamble Company (PG) 0.4 $514k 4.7k 110.00
International Business Machines (IBM) 0.4 $501k 4.5k 110.93
Eaton (ETN) 0.4 $491k 6.3k 77.69
Tyson Foods (TSN) 0.3 $450k 7.8k 57.87
Comcast Corporation (CMCSA) 0.3 $436k 13k 34.38
iShares Lehman MBS Bond Fund (MBB) 0.3 $428k 3.9k 110.44
Goldman Sachs (GS) 0.3 $401k 2.6k 154.59
International Paper Company (IP) 0.3 $378k 12k 31.13
Ares Capital Corporation (ARCC) 0.3 $340k 32k 10.78
Valero Energy Corporation (VLO) 0.2 $317k 7.0k 45.36
Ishares Tr conv bd etf (ICVT) 0.2 $312k 5.7k 54.36
Industries N shs - a - (LYB) 0.2 $296k 6.0k 49.63
Crown Castle Intl (CCI) 0.2 $299k 2.1k 144.40
Digital Real 6.625 Pfd preferred 0.2 $282k 11k 25.19
Dominion Resources (D) 0.2 $274k 3.8k 72.19
Morgan Stanley 6.875 Pfd Cal (MS.PF) 0.2 $266k 10k 25.65
Nextera Energy (NEE) 0.2 $256k 1.1k 240.62
Citigroup Inc. 7.125% prd 0.2 $257k 9.9k 25.89
Citizens Financial Group, Inc equity (CFG.PD) 0.2 $258k 11k 23.85
Brunswick Corp 6.5 p (BC.PA) 0.2 $244k 11k 22.45
Kinder Morgan (KMI) 0.2 $234k 17k 13.92
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.2 $220k 1.8k 123.51
Energizer Hldgs Inc New 7.5 mcnv pfd a 0.2 $221k 3.2k 68.94
Spdr S&p 500 Etf (SPY) 0.2 $200k 777.00 257.75
Oneok (OKE) 0.2 $200k 9.2k 21.81
iShares iBoxx $ High Yid Corp Bond (HYG) 0.2 $200k 2.6k 77.07
Alphabet Inc Class A cs (GOOGL) 0.2 $209k 180.00 1161.95
Ishares U S Etf Tr int rt hdg c b (IGBH) 0.2 $203k 9.8k 20.73
Franklin Templeton Etf Tr frankln swzlnd (FLSW) 0.1 $191k 7.8k 24.32
Franklin Templeton Etf Tr liberty hi yld (FLHY) 0.1 $190k 8.4k 22.52
Vanguard Short Term Corporate Bond ETF (VCSH) 0.1 $181k 2.3k 79.10
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.1 $176k 8.2k 21.51
Vereit Pfd p 0.1 $178k 8.0k 22.10
Magellan Midstream Partners 0.1 $170k 4.7k 36.49
iShares MSCI France Index (EWQ) 0.1 $163k 7.0k 23.44
Facebook Inc cl a (META) 0.1 $162k 968.00 166.80
Ishares Tr hdg msci germn (HEWG) 0.1 $164k 7.6k 21.62
Ishares Tr msci cda etf 0.1 $172k 8.0k 21.60
Vaneck Vec Invt Grade Fltg Rate Etf etf/closed end fund (FLTR) 0.1 $173k 7.3k 23.62
Energy Transfer Partners p 0.1 $161k 13k 12.70
FedEx Corporation (FDX) 0.1 $152k 1.3k 121.26
Nustar Logistics Lp prf 0.1 $150k 11k 13.24
Franklin Templeton Etf Tr ftse untd kgdm (FLGB) 0.1 $160k 9.0k 17.74
Lowe's Companies (LOW) 0.1 $143k 1.7k 86.05
Oracle Corporation (ORCL) 0.1 $139k 2.9k 48.33
salesforce (CRM) 0.1 $126k 878.00 143.98
American Express Company (AXP) 0.1 $114k 1.3k 85.61
Invesco Actively Managd Etf Ultra Shrt Dur etf/fixed income (GSY) 0.1 $121k 2.4k 49.31
Walt Disney Company (DIS) 0.1 $99k 1.0k 96.60
stock 0.1 $100k 789.00 126.23
Berkshire Hathaway (BRK.B) 0.1 $84k 457.00 182.83
Palo Alto Networks (PANW) 0.1 $94k 570.00 163.96
Equinix (EQIX) 0.1 $84k 135.00 624.56
Visa (V) 0.0 $48k 296.00 161.12
Chipotle Mexican Grill (CMG) 0.0 $47k 71.00 654.39
TJX Companies (TJX) 0.0 $37k 783.00 47.81
iShares Barclays TIPS Bond Fund (TIP) 0.0 $24k 200.00 117.92
Recruit Hl (RCRRF) 0.0 $2.5k 96.00 25.90