- Quarterly Schedule of Portfolio Holdings of Registered Management Investment Company (N-Q)
April 29 2010 - 3:14PM
Edgar (US Regulatory)
Managed High Yield Plus Fund Inc.
Schedule of investments February 28, 2010 (unaudited)
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Face
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Security description
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amount ($)
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Value ($)
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Corporate
bonds 117.84%
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Aerospace/defense 1.35%
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Global Aviation
Holdings Ltd.
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14.000%, due 08/15/13
1,2
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1,275,000
|
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1,284,563
|
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Spirit Aerosystems,
Inc.
|
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7.500%, due 10/01/17
1,2
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200,000
|
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198,000
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Triumph Group,
Inc.
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8.000%, due 11/15/17
1,2
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250,000
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251,875
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1,734,438
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Airlines 0.78%
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Delta Air
Lines, Inc.
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12.250%, due 03/15/15
1,2
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500,000
|
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|
508,125
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United Air
Lines, Inc.
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9.875%, due 08/01/13
1
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500,000
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500,000
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1,008,125
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Apparel/textiles 0.40%
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Levi Strauss & Co.
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9.750%, due 01/15/15
2
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500,000
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521,250
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Auto parts & equipment 2.53%
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American Axle & Manufacturing Holdings, Inc.
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9.250%, due 01/15/17
1,2
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500,000
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|
517,500
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Goodyear Tire & Rubber
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9.000%, due 07/01/15
2
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1,300,000
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1,340,625
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10.500%, due 05/15/16
2
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285,000
|
|
|
307,087
|
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Stanadyne
Corp.
|
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10.000%, due 08/15/14
2
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1,000,000
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905,000
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Tenneco, Inc., Series B
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10.250%, due 07/15/13
2
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188,000
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194,110
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3,264,322
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Automakers 1.39%
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Ford Motor
Credit Co. LLC
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8.700%, due 10/01/14
2
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500,000
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512,868
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9.875%, due 08/10/11
2
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1,000,000
|
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1,049,016
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Navistar International
Corp.
|
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8.250%, due 11/01/21
2
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225,000
|
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228,375
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1,790,259
|
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Automotive 0.21%
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ArvinMeritor,
Inc.
|
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10.625%, due 03/15/18
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275,000
|
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276,502
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Banking 4.15%
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BankAmerica
Capital II
|
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8.000%, due 12/15/26
2
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280,000
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268,800
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Citigroup
Capital XXI
|
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8.300%, due 12/21/57
2,3
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300,000
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278,250
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GMAC LLC
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7.250%, due 03/02/11
2
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1,500,000
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1,507,900
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8.000%, due 11/01/31
2
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2,400,000
|
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2,214,000
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8.300%, due 02/12/15
1,2
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325,000
|
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327,844
|
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4,049,744
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Managed High Yield Plus Fund Inc.
Schedule of investments February 28, 2010 (unaudited)
|
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|
Face
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|
Security
description
|
|
|
amount ($)
|
|
|
Value ($)
|
|
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Corporate
bonds (continued)
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Banking (concluded)
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NB Capital
Trust II
|
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7.830%, due 12/15/26
2
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300,000
|
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|
282,000
|
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Royal Bank
of Scotland Group PLC
|
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7.640%, due 09/29/17
2,4,5
|
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750,000
|
|
|
461,250
|
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5,340,044
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Building
materials 3.99%
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CPG International,
Inc.
|
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10.500%, due 07/01/13
2
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2,000,000
|
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|
1,960,000
|
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Headwaters,
Inc.
|
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11.375%, due 11/01/14
1,2
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175,000
|
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|
176,750
|
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Interface,
Inc., Series B
|
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11.375%, due 11/01/13
2
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1,500,000
|
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|
1,687,500
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|
|
Ply Gem Industries
|
|
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11.750%, due 06/15/13
2
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1,300,000
|
|
|
1,319,500
|
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|
|
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5,143,750
|
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Chemicals 0.04%
|
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Georgia Gulf
Corp.
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|
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9.000%, due 01/15/17
1,2
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50,000
|
|
|
51,875
|
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|
Consumer
products 0.80%
|
|
|
|
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American Achievement
Corp.
|
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8.250%, due 04/01/12
1,2
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815,000
|
|
|
802,775
|
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Libbey Glass,
Inc.
|
|
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10.000%, due 02/15/15
1,2
|
|
|
225,000
|
|
|
232,875
|
|
|
|
|
|
|
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|
1,035,650
|
|
|
Consumer/commercial/lease
financing 2.93%
|
|
|
|
|
|
|
|
American General
Finance Corp. MTN
|
|
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6.900%, due 12/15/17
2
|
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|
375,000
|
|
|
268,969
|
|
|
ILFC E-Capital
Trust I
|
|
|
|
|
|
|
|
5.900%, due 12/21/65
1,2,3
|
|
|
650,000
|
|
|
338,000
|
|
|
International
Lease Finance Corp. MTN
|
|
|
|
|
|
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|
4.950%, due 02/01/11
2
|
|
|
1,050,000
|
|
|
1,020,510
|
|
|
5.450%, due 03/24/11
2
|
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|
850,000
|
|
|
814,531
|
|
|
5.625%, due 09/15/10
2
|
|
|
200,000
|
|
|
197,751
|
|
|
5.650%, due 06/01/14
2
|
|
|
200,000
|
|
|
169,791
|
|
|
Residential
Capital LLC
|
|
|
|
|
|
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|
6.375%, due 06/30/10
2
|
|
|
1,000,000
|
|
|
965,000
|
|
|
|
|
|
|
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|
3,774,552
|
|
|
Diversified
capital goods 3.19%
|
|
|
|
|
|
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|
Belden, Inc.
|
|
|
|
|
|
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|
9.250%, due 06/15/19
1,2
|
|
|
1,000,000
|
|
|
1,060,000
|
|
|
Southern States
Cooperative, Inc.
|
|
|
|
|
|
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|
10.500%, due 11/01/11
1,2
|
|
|
3,000,000
|
|
|
2,992,500
|
|
|
Trimas Corp.
|
|
|
|
|
|
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|
9.750%, due 12/15/17
1,2
|
|
|
60,000
|
|
|
60,300
|
|
|
|
|
|
|
|
|
4,112,800
|
|
|
Managed High Yield Plus Fund Inc.
Schedule of investments February 28, 2010 (unaudited)
|
|
|
Face
|
|
|
|
|
Security
description
|
|
|
amount ($)
|
|
|
Value ($)
|
|
|
Corporate
bonds (continued)
|
|
|
|
|
|
|
|
|
Electric-generation 8.34%
|
|
|
|
|
|
|
|
AES Corp.
|
|
|
|
|
|
|
|
8.000%, due 06/01/20
2
|
|
|
950,000
|
|
|
932,187
|
|
|
Dynegy Holdings,
Inc.
|
|
|
|
|
|
|
|
7.625%, due 10/15/26
2
|
|
|
750,000
|
|
|
517,500
|
|
|
7.750%, due 06/01/19
2
|
|
|
525,000
|
|
|
412,125
|
|
|
Edison Mission
Energy
|
|
|
|
|
|
|
|
7.000%, due 05/15/17
2
|
|
|
75,000
|
|
|
54,938
|
|
|
7.625%, due 05/15/27
2
|
|
|
1,500,000
|
|
|
975,000
|
|
|
Energy Future
Holdings Corp.
|
|
|
|
|
|
|
|
10.875%, due 11/01/17
2
|
|
|
375,000
|
|
|
284,062
|
|
|
Mirant Americas
Generation LLC
|
|
|
|
|
|
|
|
9.125%, due 05/01/31
2
|
|
|
3,600,000
|
|
|
3,231,000
|
|
|
NRG Energy,
Inc.
|
|
|
|
|
|
|
|
8.500%, due 06/15/19
2
|
|
|
2,000,000
|
|
|
1,997,500
|
|
|
Orion Power
Holdings, Inc.
|
|
|
|
|
|
|
|
12.000%, due 05/01/10
2
|
|
|
2,000,000
|
|
|
2,012,500
|
|
|
Texas Competitive
Electric Holdings Co. LLC,
|
|
|
|
|
|
|
|
Series
A
|
|
|
|
|
|
|
|
10.250%, due 11/01/15
2
|
|
|
425,000
|
|
|
317,645
|
|
|
|
|
|
|
|
|
10,734,457
|
|
|
Electric-integrated 0.27%
|
|
|
|
|
|
|
|
North American
Energy
|
|
|
|
|
|
|
|
10.875%, due 06/01/16
1,2
|
|
|
325,000
|
|
|
344,500
|
|
|
Electronics 2.63%
|
|
|
|
|
|
|
|
Advanced Micro
Devices, Inc.
|
|
|
|
|
|
|
|
8.125%, due 12/15/17
1,2
|
|
|
220,000
|
|
|
222,750
|
|
|
Freescale
Semiconductor
|
|
|
|
|
|
|
|
10.125%, due 12/15/16
2
|
|
|
700,000
|
|
|
546,000
|
|
|
NXP BV/NXP
Funding LLC
|
|
|
|
|
|
|
|
9.500%, due 10/15/15
2
|
|
|
225,000
|
|
|
195,750
|
|
|
Sanmina-SCI
Corp.
|
|
|
|
|
|
|
|
8.125%, due 03/01/16
2
|
|
|
2,000,000
|
|
|
1,970,000
|
|
|
Viasystems,
Inc.
|
|
|
|
|
|
|
|
12.000%, due 01/15/15
1,2
|
|
|
425,000
|
|
|
452,625
|
|
|
|
|
|
|
|
|
3,387,125
|
|
|
Energy-exploration & production 3.50%
|
|
|
|
|
|
|
|
Chesapeake
Energy Corp.
|
|
|
|
|
|
|
|
9.500%, due 02/15/15
2
|
|
|
1,350,000
|
|
|
1,468,125
|
|
|
Comstock Resources,
Inc.
|
|
|
|
|
|
|
|
8.375%, due 10/15/17
2
|
|
|
170,000
|
|
|
173,400
|
|
|
Denbury Resources,
Inc.
|
|
|
|
|
|
|
|
8.250%, due 02/15/20
2
|
|
|
225,000
|
|
|
232,875
|
|
|
9.750%, due 03/01/16
2
|
|
|
500,000
|
|
|
538,750
|
|
|
Encore Acquisition
Co.
|
|
|
|
|
|
|
|
9.500%, due 05/01/16
2
|
|
|
500,000
|
|
|
532,500
|
|
|
Hilcorp Energy I
|
|
|
|
|
|
|
|
8.000%, due 02/15/20
1,2
|
|
|
300,000
|
|
|
288,000
|
|
|
Managed High Yield Plus Fund Inc.
Schedule of investments February 28, 2010 (unaudited)
|
|
|
Face
|
|
|
|
|
Security
description
|
|
|
amount ($)
|
|
|
Value ($)
|
|
|
Corporate
bonds (continued)
|
|
|
|
|
|
|
|
|
Energy-exploration & production (concluded)
|
|
|
|
|
|
|
|
PetroHawk
Energy Corp.
|
|
|
|
|
|
|
|
7.875%, due 06/01/15
2
|
|
|
230,000
|
|
|
230,000
|
|
|
10.500%, due 08/01/14
2
|
|
|
450,000
|
|
|
488,250
|
|
|
SandRidge
Energy, Inc.
|
|
|
|
|
|
|
|
8.750%, due 01/15/20
1,2
|
|
|
300,000
|
|
|
294,000
|
|
|
Swift Energy
Co.
|
|
|
|
|
|
|
|
8.875%, due 01/15/20
2
|
|
|
250,000
|
|
|
257,500
|
|
|
|
|
|
|
|
|
4,503,400
|
|
|
Food & drug retailers 1.37%
|
|
|
|
|
|
|
|
Great Atlantic & Pacific Tea Co., Inc.
|
|
|
|
|
|
|
|
11.375%, due 08/01/15
1,2
|
|
|
905,000
|
|
|
868,800
|
|
|
Rite Aid Corp.
|
|
|
|
|
|
|
|
9.500%, due 06/15/17
2
|
|
|
515,000
|
|
|
426,163
|
|
|
10.375%, due 07/15/16
2
|
|
|
450,000
|
|
|
471,375
|
|
|
|
|
|
|
|
|
1,766,338
|
|
|
Food-wholesale 2.05%
|
|
|
|
|
|
|
|
Bumble Bee
Foods LLC
|
|
|
|
|
|
|
|
7.750%, due 12/15/15
1,2
|
|
|
200,000
|
|
|
200,500
|
|
|
Land OLakes
Capital Trust I
|
|
|
|
|
|
|
|
7.450%, due 03/15/28
1,2
|
|
|
300,000
|
|
|
264,000
|
|
|
Pinnacle Foods
Finance LLC
|
|
|
|
|
|
|
|
10.625%, due 04/01/17
2
|
|
|
500,000
|
|
|
517,500
|
|
|
Smithfield
Foods, Inc.
|
|
|
|
|
|
|
|
10.000%, due 07/15/14
1,2
|
|
|
250,000
|
|
|
270,625
|
|
|
Tyson Foods,
Inc.
|
|
|
|
|
|
|
|
10.500%, due 03/01/14
2
|
|
|
500,000
|
|
|
581,250
|
|
|
Viskase Cos.,
Inc.
|
|
|
|
|
|
|
|
9.875%, due 01/15/18
1,2
|
|
|
800,000
|
|
|
810,000
|
|
|
|
|
|
|
|
|
2,643,875
|
|
|
Forestry/paper 2.52%
|
|
|
|
|
|
|
|
Appleton Papers,
Inc.
|
|
|
|
|
|
|
|
10.500%, due 06/15/15
1,2
|
|
|
500,000
|
|
|
462,500
|
|
|
Boise Cascade
LLC
|
|
|
|
|
|
|
|
7.125%, due 10/15/14
2
|
|
|
385,000
|
|
|
345,537
|
|
|
Boise Paper
Holdings LLC
|
|
|
|
|
|
|
|
9.000%, due 11/01/17
1,2
|
|
|
95,000
|
|
|
97,850
|
|
|
Cellu Tissue
Holdings, Inc.
|
|
|
|
|
|
|
|
11.500%, due 06/01/14
2
|
|
|
1,500,000
|
|
|
1,661,250
|
|
|
Domtar Corp.
|
|
|
|
|
|
|
|
7.875%, due 10/15/11
2
|
|
|
49,000
|
|
|
51,818
|
|
|
Verso Paper
Holdings LLC
|
|
|
|
|
|
|
|
9.125%, due 08/01/14
2
|
|
|
685,000
|
|
|
630,200
|
|
|
|
|
|
|
|
|
3,249,155
|
|
|
Managed High Yield Plus Fund Inc.
Schedule of investments February 28, 2010 (unaudited)
|
|
|
Face
|
|
|
|
|
Security
description
|
|
|
amount ($)
|
|
|
Value ($)
|
|
|
Corporate
bonds (continued)
|
|
|
|
|
|
|
|
|
Gaming 12.98%
|
|
|
|
|
|
|
|
FireKeepers
Development Authority
|
|
|
|
|
|
|
|
13.875%, due 05/01/15
1,2
|
|
|
1,925,000
|
|
|
2,213,750
|
|
|
Harrahs
Operating Co., Inc.
|
|
|
|
|
|
|
|
10.750%, due 02/01/16
2
|
|
|
2,000,000
|
|
|
1,540,000
|
|
|
11.250%, due 06/01/17
|
|
|
1,000,000
|
|
|
1,037,500
|
|
|
Jacobs Entertainment,
Inc.
|
|
|
|
|
|
|
|
9.750%, due 06/15/14
2
|
|
|
3,950,000
|
|
|
3,643,875
|
|
|
Little Traverse Bay Bands of Odawa Indians
|
|
|
|
|
|
|
|
10.250%, due 02/15/14
1,6,
*
|
|
|
3,000,000
|
|
|
757,500
|
|
|
MGM Mirage,
Inc.
|
|
|
|
|
|
|
|
11.125%, due 11/15/17
1,2
|
|
|
500,000
|
|
|
540,000
|
|
|
13.000%, due 11/15/13
2
|
|
|
1,075,000
|
|
|
1,225,500
|
|
|
Peninsula
Gaming LLC
|
|
|
|
|
|
|
|
8.375%, due 08/15/15
1,2
|
|
|
125,000
|
|
|
119,375
|
|
|
10.750%, due 08/15/17
1,2
|
|
|
125,000
|
|
|
121,875
|
|
|
Pokagon Gaming
Authority
|
|
|
|
|
|
|
|
10.375%, due 06/15/14
1,2
|
|
|
2,983,000
|
|
|
3,102,320
|
|
|
River Rock
Entertainment Authority
|
|
|
|
|
|
|
|
9.750%, due 11/01/11
2
|
|
|
1,030,000
|
|
|
948,887
|
|
|
Scientific
Games International
|
|
|
|
|
|
|
|
9.250%, due 06/15/19
2
|
|
|
500,000
|
|
|
528,750
|
|
|
Shingle Springs
Tribal Gaming Authority
|
|
|
|
|
|
|
|
9.375%, due 06/15/15
1,2
|
|
|
505,000
|
|
|
401,475
|
|
|
Yonkers Racing
Corp.
|
|
|
|
|
|
|
|
11.375%, due 07/15/16
1,2
|
|
|
500,000
|
|
|
527,500
|
|
|
|
|
|
|
|
|
16,708,307
|
|
|
Gas distribution 1.26%
|
|
|
|
|
|
|
|
Atlas Pipeline
Partner/Finance
|
|
|
|
|
|
|
|
8.125%, due 12/15/15
2
|
|
|
1,000,000
|
|
|
937,500
|
|
|
Crosstex Energy/Crosstex
Energy Finance Corp.
|
|
|
|
|
|
|
|
8.875%, due 02/15/18
1,2
|
|
|
400,000
|
|
|
406,000
|
|
|
Inergy LP/Inergy
Finance
|
|
|
|
|
|
|
|
8.750%, due 03/01/15
2
|
|
|
275,000
|
|
|
282,563
|
|
|
|
|
|
|
|
|
1,626,063
|
|
|
Health
facilities 5.93%
|
|
|
|
|
|
|
|
Apria Healthcare
Group I
|
|
|
|
|
|
|
|
11.250%, due 11/01/14
1,2
|
|
|
1,560,000
|
|
|
1,680,900
|
|
|
12.375%, due 11/01/14
1,2
|
|
|
500,000
|
|
|
538,750
|
|
|
Biomet, Inc.
|
|
|
|
|
|
|
|
10.000%, due 10/15/17
2
|
|
|
1,250,000
|
|
|
1,365,625
|
|
|
Community
Health Systems
|
|
|
|
|
|
|
|
8.875%, due 07/15/15
2
|
|
|
1,575,000
|
|
|
1,630,125
|
|
|
HCA, Inc.
|
|
|
|
|
|
|
|
9.125%, due 11/15/14
2
|
|
|
1,805,000
|
|
|
1,897,506
|
|
|
US Oncology,
Inc.
|
|
|
|
|
|
|
|
9.125%, due 08/15/17
2
|
|
|
500,000
|
|
|
518,750
|
|
|
|
|
|
|
|
|
7,631,656
|
|
|
Managed High Yield Plus Fund Inc.
Schedule of investments February 28, 2010 (unaudited)
|
|
|
Face
|
|
|
|
|
Security
description
|
|
|
amount ($)
|
|
|
Value ($)
|
|
|
Corporate
bonds (continued)
|
|
|
|
|
|
|
|
|
Health
services 0.42%
|
|
|
|
|
|
|
|
Prospect Medical
Holdings, Inc.
|
|
|
|
|
|
|
|
12.750%, due 07/15/14
2
|
|
|
500,000
|
|
|
540,000
|
|
|
Hotels 0.19%
|
|
|
|
|
|
|
|
Host Hotels & Resorts LP
|
|
|
|
|
|
|
|
9.000%, due 05/15/17
1,2
|
|
|
235,000
|
|
|
251,450
|
|
|
Household & leisure products 0.51%
|
|
|
|
|
|
|
|
ACCO Brands
Corp.
|
|
|
|
|
|
|
|
10.625%, due 03/15/15
1,2
|
|
|
100,000
|
|
|
108,700
|
|
|
Sealy Mattress
Co.
|
|
|
|
|
|
|
|
10.875%, due 04/15/16
1,2
|
|
|
500,000
|
|
|
546,250
|
|
|
|
|
|
|
|
|
654,950
|
|
|
Insurance-life 0.85%
|
|
|
|
|
|
|
|
American General
Institutional Capital A
|
|
|
|
|
|
|
|
7.570%, due 12/01/45
1,2
|
|
|
480,000
|
|
|
386,400
|
|
|
Lincoln National
Corp.
|
|
|
|
|
|
|
|
7.000%, due 05/17/66
2,3
|
|
|
500,000
|
|
|
426,900
|
|
|
MetLife Capital
Trust X
|
|
|
|
|
|
|
|
9.250%, due 04/08/38
1,2,3
|
|
|
250,000
|
|
|
277,500
|
|
|
|
|
|
|
|
|
1,090,800
|
|
|
Leisure 1.40%
|
|
|
|
|
|
|
|
Royal Caribbean
Cruises Ltd.
|
|
|
|
|
|
|
|
6.875%, due 12/01/13
2
|
|
|
1,000,000
|
|
|
995,000
|
|
|
7.500%, due 10/15/27
2
|
|
|
950,000
|
|
|
807,500
|
|
|
|
|
|
|
|
|
1,802,500
|
|
|
Machinery 0.21%
|
|
|
|
|
|
|
|
CPM Holdings,
Inc.
|
|
|
|
|
|
|
|
10.625%, due 09/01/14
1,2
|
|
|
250,000
|
|
|
265,000
|
|
|
Media-broadcast 3.18%
|
|
|
|
|
|
|
|
Clear Channel
Communications, Inc.
|
|
|
|
|
|
|
|
7.250%, due 10/15/27
2
|
|
|
195,000
|
|
|
90,675
|
|
|
10.750%, due 08/01/16
2
|
|
|
300,000
|
|
|
229,500
|
|
|
Clear Channel
Worldwide Holdings, Inc.
|
|
|
|
|
|
|
|
9.250%, due 12/15/17
1,2
|
|
|
195,000
|
|
|
200,063
|
|
|
LIN Television
Corp.
|
|
|
|
|
|
|
|
6.500%, due 05/15/13
2
|
|
|
1,545,000
|
|
|
1,463,887
|
|
|
Salem Communications
Corp.
|
|
|
|
|
|
|
|
9.625%, due 12/15/16
1,2
|
|
|
225,000
|
|
|
232,312
|
|
|
Sinclair Television
Group
|
|
|
|
|
|
|
|
8.000%, due 03/15/12
2
|
|
|
1,250,000
|
|
|
1,228,125
|
|
|
9.250%, due 11/01/17
1,2
|
|
|
100,000
|
|
|
103,750
|
|
|
Univision
Communications, Inc.
|
|
|
|
|
|
|
|
12.000%, due 07/01/14
1,2
|
|
|
500,000
|
|
|
541,250
|
|
|
|
|
|
|
|
|
4,089,562
|
|
|
Media-cable 0.73%
|
|
|
|
|
|
|
|
CSC Holdings
LLC
|
|
|
|
|
|
|
|
8.625%, due 02/15/19
1,2
|
|
|
200,000
|
|
|
216,000
|
|
|
Virgin Media
Finance PLC
|
|
|
|
|
|
|
|
9.125%, due 08/15/16
2
|
|
|
500,000
|
|
|
516,250
|
|
|
9.500%, due 08/15/16
2
|
|
|
200,000
|
|
|
212,000
|
|
|
|
|
|
|
|
|
944,250
|
|
|
Managed High Yield Plus Fund Inc.
Schedule of investments February 28, 2010 (unaudited)
|
|
|
Face
|
|
|
|
|
Security
description
|
|
|
amount ($)
|
|
|
Value ($)
|
|
|
Corporate
bonds (continued)
|
|
|
|
|
|
|
|
|
Media-services 1.19%
|
|
|
|
|
|
|
|
Affinion Group,
Inc.
|
|
|
|
|
|
|
|
10.125%, due 10/15/13
2
|
|
|
750,000
|
|
|
757,500
|
|
|
Nielsen Finance
LLC
|
|
|
|
|
|
|
|
11.625%, due 02/01/14
2
|
|
|
125,000
|
|
|
139,219
|
|
|
WMG Acquisition
Corp.
|
|
|
|
|
|
|
|
9.500%, due 06/15/16
1,2
|
|
|
600,000
|
|
|
630,000
|
|
|
|
|
|
|
|
|
1,526,719
|
|
|
Metals/mining
excluding steel 1.55%
|
|
|
|
|
|
|
|
Murray Energy
Corp.
|
|
|
|
|
|
|
|
10.250%, due 10/15/15
1,2
|
|
|
225,000
|
|
|
225,281
|
|
|
Teck Resources
Ltd.
|
|
|
|
|
|
|
|
10.250%, due 05/15/16
2
|
|
|
1,020,000
|
|
|
1,216,350
|
|
|
10.750%, due 05/15/19
2
|
|
|
450,000
|
|
|
553,500
|
|
|
|
|
|
|
|
|
1,995,131
|
|
|
Multi-line
insurance 1.15%
|
|
|
|
|
|
|
|
Genworth Financial,
Inc.
|
|
|
|
|
|
|
|
6.150%, due 11/15/66
2,3
|
|
|
1,150,000
|
|
|
796,375
|
|
|
Glen Meadow
Pass Through Trust
|
|
|
|
|
|
|
|
6.505%, due 02/12/67
1,2,3
|
|
|
250,000
|
|
|
194,063
|
|
|
Hartford Financial
Services Group
|
|
|
|
|
|
|
|
8.125%, due 06/15/38
2,3
|
|
|
500,000
|
|
|
487,500
|
|
|
|
|
|
|
|
|
1,477,938
|
|
|
Non-food & drug retailers 2.89%
|
|
|
|
|
|
|
|
Bon-Ton Department
Stores, Inc.
|
|
|
|
|
|
|
|
10.250%, due 03/15/14
2
|
|
|
150,000
|
|
|
134,625
|
|
|
Dollar General
Corp.
|
|
|
|
|
|
|
|
10.625%, due 07/15/15
2
|
|
|
417,000
|
|
|
456,615
|
|
|
Freedom Group, Inc.
|
|
|
|
|
|
|
|
10.250%, due 08/01/15
1,2
|
|
|
790,000
|
|
|
837,400
|
|
|
Limited Brands,
Inc.
|
|
|
|
|
|
|
|
7.600%, due 07/15/37
2
|
|
|
450,000
|
|
|
400,500
|
|
|
Macys
Retail Holdings, Inc.
|
|
|
|
|
|
|
|
7.450%, due 07/15/17
2
|
|
|
350,000
|
|
|
357,875
|
|
|
Susser Holdings & Finance LLC
|
|
|
|
|
|
|
|
10.625%, due 12/15/13
2
|
|
|
500,000
|
|
|
518,750
|
|
|
Toys R Us
Property Co. LLC
|
|
|
|
|
|
|
|
8.500%, due 12/01/17
1,2
|
|
|
285,000
|
|
|
287,850
|
|
|
Yankee Acquisition
Corp., Series B
|
|
|
|
|
|
|
|
8.500%, due 02/15/15
2
|
|
|
400,000
|
|
|
400,000
|
|
|
9.750%, due 02/15/17
2
|
|
|
330,000
|
|
|
329,175
|
|
|
|
|
|
|
|
|
3,722,790
|
|
|
Managed High Yield Plus Fund Inc.
Schedule of investments February 28, 2010 (unaudited)
|
|
|
Face
|
|
|
|
|
Security
description
|
|
|
amount ($)
|
|
|
Value ($)
|
|
|
Corporate
bonds (continued)
|
|
|
|
|
|
|
|
|
Oil field
equipment & services 2.00%
|
|
|
|
|
|
|
|
Aquilex Holding/Aquilex
Finance Corp.
|
|
|
|
|
|
|
|
11.125%, due 12/15/16
1,2
|
|
|
100,000
|
|
|
104,500
|
|
|
Edgen Murray
Corp.
|
|
|
|
|
|
|
|
12.250%, due 01/15/15
1,2
|
|
|
225,000
|
|
|
202,500
|
|
|
Expro Finance
Luxembourg
|
|
|
|
|
|
|
|
8.500%, due 12/15/16
1,2
|
|
|
295,000
|
|
|
293,525
|
|
|
Geokinetics
Holdings, Inc.
|
|
|
|
|
|
|
|
9.750%, due 12/15/14
1,2
|
|
|
290,000
|
|
|
276,950
|
|
|
Key Energy
Services, Inc.
|
|
|
|
|
|
|
|
8.375%, due 12/01/14
2
|
|
|
1,000,000
|
|
|
990,000
|
|
|
McJunkin Red
Man Corp.
|
|
|
|
|
|
|
|
9.500%, due 12/15/16
1,2
|
|
|
710,000
|
|
|
711,775
|
|
|
|
|
|
|
|
|
2,579,250
|
|
|
Oil refining & marketing 0.40%
|
|
|
|
|
|
|
|
Tesoro Corp.
|
|
|
|
|
|
|
|
9.750%, due 06/01/19
2
|
|
|
500,000
|
|
|
513,750
|
|
|
Packaging 4.42%
|
|
|
|
|
|
|
|
Berry Plastics
Escrow LLC
|
|
|
|
|
|
|
|
8.250%, due 11/15/15
1
|
|
|
225,000
|
|
|
222,187
|
|
|
8.875%, due 09/15/14
1
|
|
|
175,000
|
|
|
168,438
|
|
|
Exopack Holding
Corp.
|
|
|
|
|
|
|
|
11.250%, due 02/01/14
2
|
|
|
3,425,000
|
|
|
3,540,594
|
|
|
Graham Packaging
Co. LP
|
|
|
|
|
|
|
|
9.875%, due 10/15/14
2
|
|
|
950,000
|
|
|
969,000
|
|
|
Solo Cup/Solo
Cup Operating Corp.
|
|
|
|
|
|
|
|
10.500%, due 11/01/13
|
|
|
750,000
|
|
|
785,625
|
|
|
|
|
|
|
|
|
5,685,844
|
|
|
Personal & casualty 0.41%
|
|
|
|
|
|
|
|
Liberty Mutual
Group, Inc.
|
|
|
|
|
|
|
|
10.750%, due 06/15/58
1,2,3
|
|
|
485,000
|
|
|
523,800
|
|
|
Pharmaceuticals 2.02%
|
|
|
|
|
|
|
|
Axcan Intermediate
Holdings, Inc.
|
|
|
|
|
|
|
|
12.750%, due 03/01/16
2
|
|
|
2,200,000
|
|
|
2,381,500
|
|
|
Elan Finance
PLC/Elan Finance Corp.
|
|
|
|
|
|
|
|
8.750%, due 10/15/16
1,2
|
|
|
225,000
|
|
|
218,250
|
|
|
|
|
|
|
|
|
2,599,750
|
|
|
Printing & publishing 4.25%
|
|
|
|
|
|
|
|
Cengage Learning
Acquisitions, Inc.
|
|
|
|
|
|
|
|
10.500%, due 01/15/15
1,2
|
|
|
225,000
|
|
|
205,031
|
|
|
Harland Clarke
Holdings
|
|
|
|
|
|
|
|
9.500%, due 05/15/15
2
|
|
|
1,750,000
|
|
|
1,596,875
|
|
|
Hollinger, Inc.
|
|
|
|
|
|
|
|
12.875%, due 03/01/11
6,7,8,9
*
|
|
|
975,000
|
|
|
0
|
|
|
McClatchy
Co.
|
|
|
|
|
|
|
|
11.500%, due 02/15/17
1,2
|
|
|
350,000
|
|
|
341,250
|
|
|
Sheridan Acquisition
Corp.
|
|
|
|
|
|
|
|
10.250%, due 08/15/11
2
|
|
|
3,500,000
|
|
|
3,325,000
|
|
|
|
|
|
|
|
|
5,468,156
|
|
|
Managed High Yield Plus Fund Inc.
Schedule of investments February 28, 2010 (unaudited)
|
|
|
Face
|
|
|
|
|
Security
description
|
|
|
amount ($)
|
|
|
Value ($)
|
|
|
Corporate
bonds (continued)
|
|
|
|
|
|
|
|
|
Real estate
development & managment 0.60%
|
|
|
|
|
|
|
|
CB Richard
Ellis Services, Inc.
|
|
|
|
|
|
|
|
11.625%, due 06/15/17
2
|
|
|
250,000
|
|
|
275,625
|
|
|
Realogy Corp.
|
|
|
|
|
|
|
|
10.500%, due 04/15/14
2
|
|
|
450,000
|
|
|
375,750
|
|
|
12.375%, due 04/15/15
2
|
|
|
170,000
|
|
|
116,450
|
|
|
|
|
|
|
|
|
767,825
|
|
|
Real estate
investment trusts 0.37%
|
|
|
|
|
|
|
|
DuPont Fabros
Technology LP
|
|
|
|
|
|
|
|
8.500%, due 12/15/17
1,2
|
|
|
475,000
|
|
|
482,125
|
|
|
Restaurants 0.32%
|
|
|
|
|
|
|
|
Landrys
Restaurants, Inc.
|
|
|
|
|
|
|
|
11.625%, due 12/01/15
1,2
|
|
|
400,000
|
|
|
418,000
|
|
|
Software/services 4.56%
|
|
|
|
|
|
|
|
First Data
Corp.
|
|
|
|
|
|
|
|
9.875%, due 09/24/15
2
|
|
|
1,975,000
|
|
|
1,693,375
|
|
|
GXS Worldwide,
Inc.
|
|
|
|
|
|
|
|
9.750%, due 06/15/15
1,2
|
|
|
325,000
|
|
|
308,750
|
|
|
Sungard Data
Systems, Inc.
|
|
|
|
|
|
|
|
10.250%, due 08/15/15
2
|
|
|
2,000,000
|
|
|
2,075,000
|
|
|
Terremark
Worldwide, Inc.
|
|
|
|
|
|
|
|
12.000%, due 06/17/17
1,2
|
|
|
1,000,000
|
|
|
1,097,500
|
|
|
Unisys Corp.
|
|
|
|
|
|
|
|
12.750%, due 10/15/14
1,2
|
|
|
600,000
|
|
|
693,000
|
|
|
|
|
|
|
|
|
5,867,625
|
|
|
Steel producers/products 1.75%
|
|
|
|
|
|
|
|
Ryerson, Inc.
|
|
|
|
|
|
|
|
12.000%, due 11/01/15
2
|
|
|
2,000,000
|
|
|
2,055,000
|
|
|
Severstal
Columbus LLC
|
|
|
|
|
|
|
|
10.250%, due 02/15/18
1,2
|
|
|
200,000
|
|
|
200,500
|
|
|
|
|
|
|
|
|
2,255,500
|
|
|
Support-services 8.73%
|
|
|
|
|
|
|
|
Cenveo Corp.
|
|
|
|
|
|
|
|
8.875%, due 02/01/18
1,2
|
|
|
1,250,000
|
|
|
1,237,500
|
|
|
Hertz Corp.
|
|
|
|
|
|
|
|
10.500%, due 01/01/16
2
|
|
|
2,000,000
|
|
|
2,070,000
|
|
|
Iron Mountain,
Inc.
|
|
|
|
|
|
|
|
8.375%, due 08/15/21
2
|
|
|
525,000
|
|
|
538,781
|
|
|
Mobile Services/Storage
Group
|
|
|
|
|
|
|
|
9.750%, due 08/01/14
2
|
|
|
3,000,000
|
|
|
3,075,000
|
|
|
Reliance Intermediate
Holdings LP
|
|
|
|
|
|
|
|
9.500%, due 12/15/19
1,2
|
|
|
700,000
|
|
|
732,375
|
|
|
Sunstate Equipment
Co.
|
|
|
|
|
|
|
|
10.500%, due 04/01/13
1,2
|
|
|
3,500,000
|
|
|
3,080,000
|
|
|
West Corp.
|
|
|
|
|
|
|
|
11.000%, due 10/15/16
2
|
|
|
500,000
|
|
|
501,250
|
|
|
|
|
|
|
|
|
11,234,906
|
|
|
Managed High Yield Plus Fund Inc.
Schedule of investments February 28, 2010 (unaudited)
|
|
|
Face
|
|
|
|
|
Security
description
|
|
|
amount ($)
|
|
|
Value ($)
|
|
|
Corporate
bonds (concluded)
|
|
|
|
|
|
|
|
|
Technology 0.37%
|
|
|
|
|
|
|
|
Equinix, Inc.
|
|
|
|
|
|
|
|
8.125%, due 03/01/18
|
|
|
475,000
|
|
|
475,000
|
|
|
Telecom-integrated/services 5.34%
|
|
|
|
|
|
|
|
Frontier Communications
|
|
|
|
|
|
|
|
9.000%, due 08/15/31
2
|
|
|
3,420,000
|
|
|
3,317,400
|
|
|
Global Crossing
UK Finance PLC
|
|
|
|
|
|
|
|
10.750%, due 12/15/14
2
|
|
|
500,000
|
|
|
510,000
|
|
|
Intelsat Bermuda
Ltd.
|
|
|
|
|
|
|
|
11.250%, due 02/04/17
10
|
|
|
500,000
|
|
|
506,875
|
|
|
Intelsat Jackson
Holdings Ltd.
|
|
|
|
|
|
|
|
11.250%, due 06/15/16
2
|
|
|
1,225,000
|
|
|
1,307,687
|
|
|
Level 3 Financing,
Inc.
|
|
|
|
|
|
|
|
9.250%, due 11/01/14
2
|
|
|
225,000
|
|
|
213,188
|
|
|
10.000%, due 02/01/18
1,2
|
|
|
150,000
|
|
|
137,625
|
|
|
PAETEC Holding
Corp.
|
|
|
|
|
|
|
|
8.875%, due 06/30/17
|
|
|
250,000
|
|
|
251,875
|
|
|
Qwest Communications
International,
|
|
|
|
|
|
|
|
7.125%, due 04/01/18
1,2
|
|
|
25,000
|
|
|
25,000
|
|
|
Series B
|
|
|
|
|
|
|
|
7.500%, due 02/15/14
2
|
|
|
600,000
|
|
|
606,000
|
|
|
|
|
|
|
|
|
6,875,650
|
|
|
Telecom-wireless 4.35%
|
|
|
|
|
|
|
|
Clearwire
Communications LLC/Finance
|
|
|
|
|
|
|
|
12.000%, due 12/01/15
1,2
|
|
|
995,000
|
|
|
972,613
|
|
|
Cricket Communications,
Inc.
|
|
|
|
|
|
|
|
10.000%, due 07/15/15
2
|
|
|
605,000
|
|
|
612,562
|
|
|
Nextel Communications,
|
|
|
|
|
|
|
|
Series
D
|
|
|
|
|
|
|
|
7.375%, due 08/01/15
2
|
|
|
1,750,000
|
|
|
1,614,375
|
|
|
Series
E
|
|
|
|
|
|
|
|
6.875%, due 10/31/13
2
|
|
|
250,000
|
|
|
240,000
|
|
|
Sprint Capital
Corp.
|
|
|
|
|
|
|
|
8.750%, due 03/15/32
2
|
|
|
625,000
|
|
|
551,562
|
|
|
Wind Acquisition
Finance SA
|
|
|
|
|
|
|
|
11.750%, due 07/15/17
1,2
|
|
|
500,000
|
|
|
535,000
|
|
|
12.000%, due 12/01/15
1,2
|
|
|
1,000,000
|
|
|
1,070,000
|
|
|
|
|
|
|
|
|
5,596,112
|
|
|
Telecommunications
equipment 0.35%
|
|
|
|
|
|
|
|
Sorenson Communications,
Inc.
|
|
|
|
|
|
|
|
10.500%, due 02/01/15
1,2
|
|
|
500,000
|
|
|
455,625
|
|
|
Transportation excluding air/rail 0.72%
|
|
|
|
|
|
|
|
Marquette
Transportation Co./Finance
|
|
|
|
|
|
|
|
10.875%, due 01/15/17
1,2
|
|
|
500,000
|
|
|
503,125
|
|
|
Navios Maritime
Holdings, Inc./Finance
|
|
|
|
|
|
|
|
8.875%, due 11/01/17
1,2
|
|
|
415,000
|
|
|
422,263
|
|
|
|
|
|
|
|
|
925,388
|
|
|
Total corporate
bonds (cost$145,637,017)
|
|
|
|
|
|
151,733,839
|
|
|
Managed High Yield Plus Fund Inc.
Schedule of investments February 28, 2010 (unaudited)
|
|
|
Number of
|
|
|
|
|
Security description
|
|
|
shares/units
|
|
|
Value ($)
|
|
|
Common stocks* 0.12%
|
|
|
|
|
|
|
|
|
Forestry/paper 0.09%
|
|
|
|
|
|
|
|
Ainsworth Lumber Co. Ltd.
2
|
|
|
58,357
|
|
|
115,967
|
|
|
Investments & miscellaneous financial services 0.00%
|
|
|
|
|
|
|
|
NCI Holdings,
Inc.
7,9
|
|
|
5,456
|
|
|
0
|
|
|
Media-cable 0.01%
|
|
|
|
|
|
|
|
Knology, Inc.
2
|
|
|
693
|
|
|
7,935
|
|
|
XO Holdings,
Inc.
2
|
|
|
1,052
|
|
|
778
|
|
|
|
|
|
|
|
|
8,713
|
|
|
Oil refining & marketing 0.00%
|
|
|
|
|
|
|
|
Orion Refining
Corp.
7,9
|
|
|
1,253
|
|
|
0
|
|
|
Printing & publishing 0.00%
|
|
|
|
|
|
|
|
American Media,
Inc.
7,9
|
|
|
43,038
|
|
|
0
|
|
|
Vertis Holdings,
Inc.
7,9
|
|
|
109,870
|
|
|
0
|
|
|
|
|
|
|
|
|
0
|
|
|
Restaurants 0.00%
|
|
|
|
|
|
|
|
American Restaurant
Group, Inc.
7,9
|
|
|
129
|
|
|
0
|
|
|
Buffets Restaurants
Holdings, Inc.
7,9
|
|
|
8,602
|
|
|
0
|
|
|
|
|
|
|
|
|
0
|
|
|
Telecom-wireless 0.02%
|
|
|
|
|
|
|
|
American Tower Corp., Class A
2
|
|
|
636
|
|
|
27,132
|
|
|
Total common
stocks (cost$8,666,025)
|
|
|
|
|
|
151,812
|
|
|
|
|
|
|
|
|
|
|
Other equity security* 0.00%
|
|
|
|
|
|
|
|
|
Media-cable 0.00%
|
|
|
|
|
|
|
|
Adelphia Contingent
Value Vehicle (cost$0)
7,9,11
|
|
|
2,000,000
|
|
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of
|
|
|
|
|
|
|
|
warrants
|
|
|
|
|
|
Warrant* 0.00%
|
|
|
|
|
|
|
|
|
Restaurants 0.00%
|
|
|
|
|
|
|
|
Buffets Restaurants
Holdings, Inc., strike @ $22.71,
|
|
|
|
|
|
|
|
expires
04/28/14 (cost$0)
7,9
|
|
|
3,800
|
|
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Face
|
|
|
|
|
|
|
|
amount ($)
|
|
|
|
|
|
Repurchase
agreement 1.36%
|
|
|
|
|
|
|
|
Repurchase
agreement dated 02/26/10 with State
|
|
|
|
|
|
|
|
Street
Bank & Trust Co., 0.010% due 03/01/10,
|
|
|
|
|
|
|
|
collateralized
by $1,799,253 US Treasury Bills,
|
|
|
|
|
|
|
|
zero
coupon due 05/06/10 to 06/17/10;
|
|
|
|
|
|
|
|
(value$1,778,895); proceeds: $1,744,001
|
|
|
|
|
|
|
|
(cost$1,744,000)
|
|
|
1,744,000
|
|
|
1,744,000
|
|
|
Total investments (cost$156,047,042)
12
119.32%
|
|
|
|
|
|
153,629,651
|
|
|
Liabilities
in excess of other assets (19.32)%
|
|
|
|
|
|
(24,871,711
|
)
|
|
Net assets 100.00%
|
|
|
|
|
|
128,757,940
|
|
|
Aggregate cost for federal income tax purposes,
which was substantially the same for book purposes, was $156,047,042; and net unrealized
depreciation consisted of:
Gross unrealized appreciation
|
|
|
$
|
12,187,034
|
|
Gross unrealized
depreciation
|
|
|
|
(14,604,425
|
)
|
|
|
|
|
|
Net unrealized depreciation
|
|
|
$
|
(2,417,391
|
)
|
|
|
|
|
|
*
|
|
Non-income
producing security.
|
|
|
|
1
|
|
Security exempt
from registration pursuant to Rule 144A under the Securities Act of 1933. These
securities, which represent 35.13% of net assets as of February 28, 2010, are considered
liquid and may be resold in transactions exempt from registration, normally to qualified
institutional buyers.
|
|
|
|
2
|
|
Entire or
partial amount pledged as collateral for bank loan.
|
|
|
|
3
|
|
Floating rate
security. The interest rate shown is the current rate as of February 28, 2010.
|
|
|
|
4
|
|
Perpetual
bond security. The maturity date reflects next call date.
|
|
|
|
5
|
|
Variable rate
security. The interest rate shown is the current rate as of February 28, 2010, and
resets periodically.
|
|
|
|
6
|
|
Bond interest
in default.
|
|
|
|
7
|
|
Illiquid securities
representing 0.00% of net assets as of February 28, 2010.
|
|
|
|
8
|
|
Security exempt
from registration pursuant to Rule 144A under the Securities Act of 1933. This security,
which represents 0.00% of net assets as of February 28, 2010, is considered illiquid
and may be resold in transactions exempt form registration, normally to qualified
institutional buyers.
|
|
|
|
9
|
|
Security is
being fair valued by a valuation committee under the direction of the board of directors.
|
|
|
|
10
|
|
Step Bond.
Coupon rate increases in increments to maturity. Rate disclosed is as of February
28, 2010. Maturity date indicated represents the instruments ultimate maturity
date.
|
|
|
|
11
|
|
Represents
contingent value vehicle (CVV) obligations. The CVV obligations represent units
in a trust that was formed pursuant to a Plan of Reorganization of Adelphia Communications
Corporation to hold certain litigation claims against Adelphias third party
lenders, accountants, and other parties.
|
|
|
|
12
|
|
The Fund calculates
its net asset value based on the current market value, where available, for its
portfolio securities. The Fund normally obtains market values for its securities
from independent pricing sources and broker-dealers. Independent pricing sources
may use last reported sale prices, official market closing prices, current market
quotations or valuations from computerized matrix systems that derive
values based on comparable securities. A matrix system incorporates parameters such
as security quality, maturity and coupon, and/or research and evaluations by its
staff, including review of broker-dealer market price quotations, if available,
in determining the valuation of the portfolio securities. Securities traded in the
over-the-counter (OTC) market and listed on The Nasdaq Stock Market,
Inc. (Nasdaq) normally are valued at the NASDAQ Official Closing Price.
Other OTC securities are valued at the last bid price available on the valuation
date prior to valuation. Securities which are listed on US and foreign stock exchanges
normally are valued at the market close, the last sale price on the day the securities
are valued or, lacking any sales on such day, at the last available bid price. In
cases where securities are traded on more than one exchange, the securities are
valued on the exchange designated as the primary market by UBS Global Asset
Management (Americas) Inc. (UBS Global AM), the investment manager and administrator
of the Fund. UBS Global AM is an indirect wholly owned asset management subsidiary
of UBS AG, an internationally diversified organization with headquarters in Zurich
and Basel, Switzerland and operations in many areas of the financial services industry.
If a market value is not available from an independent pricing source for a particular
security, that security is valued at fair value as determined in good faith by or
under the direction of the Funds Board of Directors (the Board).
Various factors may be reviewed in order to make a good faith determination of a
securitys fair value. These factors include, but are not limited to, the type
and cost of the security; contractual or legal restrictions on resale of the security; relevant
financial or business developments of the issuer; actively traded similar
or related securities; conversion or exchange rights on the security; related corporate
actions; and changes in overall market conditions. Occasionally, events affecting
the value of foreign investments occur between the time at which they are determined
and the close of the New York Stock Exchange (NYSE), which will not
be reflected in the computation of the Funds net asset value. If events materially
affecting the value of such securities occur during such time periods, the securities
will be valued at their fair value as determined in good faith by or under the direction
of the Board. The amortized cost method of valuation, which approximates market
value, generally is used to value short-term debt instruments with sixty days or
less remaining to maturity. All investments quoted in foreign currencies will be valued daily in
US dollars on the basis of the foreign currency exchange rates prevailing at the
time such valuation is determined by the Funds custodian.
GAAP requires
disclosure surrounding the various inputs that are used in determining the value
of the Funds investments. These inputs are summarized into the three broad
levels listed below:
Level 1 - Unadjusted quoted prices in active markets
for identical investments.
Level 2 - Other significant observable inputs,
including but not limited to, quoted prices for similar investments, interest rates,
prepayment speeds and credit risks.
Level 3 - Unobservable inputs inclusive of
the Funds own assumptions in determining the fair value of investments.
|
The following is a summary of the fair valuations
according to the inputs used as of February 28, 2010 in valuing the Funds
investments:
|
|
Unadjusted
quoted
|
|
|
|
|
|
|
|
|
|
|
|
prices
in active
|
|
|
|
|
|
|
|
|
|
|
|
markets for identical
|
|
Other significant
|
|
Unobservable
|
|
|
|
|
|
investments
|
|
observable inputs
|
|
inputs
|
|
|
|
|
|
(Level 1) ($)
|
|
(Level 2) ($)
|
|
(Level 3) ($)
13
|
|
Total ($)
|
|
Corporate bonds
|
|
|
|
|
151,733,839
|
|
|
0
|
|
|
151,733,839
|
|
|
Common stocks
|
|
151,812
|
|
|
|
|
|
0
|
|
|
151,812
|
|
|
Other equity
security
|
|
|
|
|
|
|
|
0
|
|
|
0
|
|
|
Warrant
|
|
|
|
|
|
|
|
0
|
|
|
0
|
|
|
Repurchase
agreement
|
|
|
|
|
1,744,000
|
|
|
|
|
|
1,744,000
|
|
|
Total
|
|
151,812
|
|
|
153,477,839
|
|
|
0
|
|
|
153,629,651
|
|
|
13
|
|
Securities
categorized as Level 3 have values of $0.
|
|
|
|
The following
is a rollforward of the Funds investments that were valued using unobservable
inputs (Level 3) during
the nine months ended February 28, 2010:
|
|
|
|
|
|
|
|
|
Other
|
|
|
|
|
|
|
|
|
Corporate
|
|
Common
|
|
equity
|
|
|
|
|
|
|
|
|
bonds ($)
|
|
stocks ($)
|
|
security ($)
|
|
Warrant ($)
|
|
Total ($)
|
|
Beginning balance
|
|
10,908
|
|
|
0
|
|
|
0
|
|
|
0
|
|
|
10,908
|
|
|
Net purchases/(sales)
|
|
(471,754
|
)
|
|
|
|
|
|
|
|
|
|
|
(471,754
|
)
|
|
Accrued
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
discounts/(premiums)
|
|
(5,947
|
)
|
|
|
|
|
|
|
|
|
|
|
(5,947
|
)
|
|
Total realized
gain/(loss)
|
|
(4,924,192
|
)
|
|
|
|
|
|
|
|
(46,550
|
)
|
|
(4,970,742
|
)
|
|
Net change
in unrealized
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
appreciation/depreciation
|
|
5,390,985
|
|
|
|
|
|
|
|
|
46,550
|
|
|
5,437,535
|
|
|
Net transfers in/(out)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
of Level 3
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance
|
|
0
|
|
|
0
|
|
|
0
|
|
|
0
|
|
|
0
|
|
|
The change
in unrealized appreciation/depreciation relating to the Level 3 investments held
at February 28, 2010 was $5,947.
|
GMAC
|
|
General Motors
Acceptance Corporation
|
|
|
|
MTN
|
|
Medium Term
Note
|
Issuer breakdown by country or territory of origin
|
|
|
|
Percentage of total investments (%)
|
|
United States
|
|
92.3
|
|
United Kingdom
|
|
1.9
|
|
Canada
|
|
1.7
|
|
Luxembourg
|
|
1.2
|
|
Bermuda
|
|
1.2
|
|
Liberia
|
|
1.2
|
|
Marshall Islands
|
|
0.3
|
|
Ireland
|
|
0.1
|
|
Netherlands
|
|
0.1
|
|
Total
|
|
100.0
|
|
For more information regarding the Funds other significant accounting policies, please refer to the Funds semiannual
report to shareholders dated November 30, 2009.
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