Shenkman Capital Management

Shenkman Capital Management as of Dec. 31, 2010

Portfolio Holdings for Shenkman Capital Management

Shenkman Capital Management holds 55 positions in its portfolio as reported in the December 2010 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Lucent Technologies Inc dbcv 2.875% 6/1 10.0 $92M 97M 0.95
Trinity Inds Inc note 3.875% 6/0 7.8 $71M 74M 0.96
Hologic Inc frnt 2.000%12/1 6.2 $57M 61M 0.94
Advanced Micro Devices Inc note 6.000% 5/0 5.6 $52M 52M 1.00
Lifepoint Hospitals Inc note 3.500% 5/1 5.3 $48M 48M 1.01
Penn Va Corp note 4.500%11/1 4.4 $41M 41M 1.00
Sandisk Corp note 1.000% 5/1 4.4 $41M 42M 0.97
Level 3 Communications Inc note 3.500% 6/1 4.4 $40M 42M 0.96
Iconix Brand Group Inc note 1.875% 6/3 3.8 $35M 35M 1.00
Cal Dive Intl Inc note 3.250%12/1 3.5 $32M 33M 0.97
L-1 Identity Solutions Inc note 3.750% 5/1 3.4 $31M 31M 1.00
Chesapeake Energy Corp note 2.750%11/1 3.0 $28M 29M 0.98
General Cable Corp Del New note 0.875%11/1 2.4 $23M 23M 0.98
Note 3.50 2.2 $21M 17M 1.20
Group 1 Automotive Inc frnt 2.250% 6/1 2.2 $20M 20M 0.99
Interpublic Group Cos Inc note 4.250% 3/1 2.1 $20M 18M 1.11
Sba Communications Corp note 1.875% 5/0 2.0 $19M 17M 1.12
Pantry Inc note 3.000%11/1 1.9 $18M 18M 0.98
Hanover Compressor Co note 4.750% 1/1 1.9 $17M 17M 0.99
United Auto Group Inc note 3.500% 4/0 1.7 $15M 15M 1.01
Sirius Satellite Radio Inc note 3.250%10/1 1.6 $15M 15M 1.01
Liberty Media Corp New deb 3.125% 3/3 1.6 $15M 13M 1.13
Hornbeck Offshore Svcs Inc N frnt 1.625%11/1 1.6 $15M 16M 0.92
Stewart Enterprises Inc note 3.125% 7/1 1.6 $14M 15M 0.97
Mylan Inc note 1.250% 3/1 1.3 $12M 11M 1.06
Sesi L L C frnt 1.500%12/1 1.1 $11M 10M 1.02
Level 3 Communications Inc note 5.250% 12/1 1.0 $9.5M 9.5M 1.00
Enersys note 3.375% 6/0 0.9 $8.1M 7.3M 1.12
Bristow Group Inc note 3.000% 6/1 0.8 $7.8M 7.8M 1.01
Affiliated Managers Group note 3.950% 8/1 0.8 $7.8M 7.1M 1.10
Arvinmeritor Inc frnt 4.625% 3/0 0.8 $7.6M 6.0M 1.27
Barrett Bill Corp note 5.000% 3/1 0.7 $6.5M 6.3M 1.03
Equinix Inc note 2.500% 4/1 0.6 $5.6M 5.5M 1.02
Sonic Automotive Inc note 5.000% 10/0 0.6 $5.6M 4.6M 1.24
Casella Waste Systems (CWST) 0.6 $5.3M 753k 7.09
Unisource Energy Corp note 4.500% 3/0 0.5 $4.7M 4.4M 1.06
L-3 Communications Corp debt 3.000% 8/0 0.5 $4.6M 4.6M 1.00
Alliance Data Systems Corp note 1.750% 8/0 0.5 $4.2M 3.8M 1.08
Regal Entertainment 0.4 $4.0M 340k 11.74
Health Care Reit Inc note 3.000%12/0 0.4 $3.9M 3.6M 1.09
Micron Technology Inc note 1.875% 6/0 0.4 $3.7M 3.9M 0.94
BLACKBOARD INC CONVERTIBLE security 0.4 $3.6M 3.6M 1.02
Prologis note 3.250% 3/1 0.4 $3.6M 3.3M 1.10
Euronet Worldwide Inc note 3.500%10/1 0.3 $3.1M 3.2M 0.99
Beckman Coulter Inc note 2.500%12/1 0.3 $2.9M 2.6M 1.14
Symantec Corp note 0.750% 6/1 0.3 $2.6M 2.5M 1.04
Charles Riv Labs Intl Inc note 2.250% 6/1 0.3 $2.5M 2.5M 1.00
Alliant Techsystems Inc note 2.750% 9/1 0.2 $2.2M 2.2M 1.02
Rayonier Trs Hldgs Inc note 3.750%10/1 0.2 $2.2M 2.0M 1.11
Saks Inc note 2.000% 3/1 0.2 $1.5M 1.5M 1.03
Time Warner Telecom Inc dbcv 2.375% 4/0 0.1 $1.3M 1.2M 1.10
Advanced Micro Devices Inc note 5.750% 8/1 0.1 $1.3M 1.3M 1.03
Medtronic Inc note 1.625% 4/1 0.1 $1.1M 1.1M 1.01
Prologis debt 0.1 $825k 825k 1.00
Caci Intl Inc note 2.125% 5/0 0.1 $575k 500k 1.15