FIXED INCOME SECURITIES - INTERNAL CONVERTIBLE SECURITIES
  
Entries 1 - 62 of 62
Security Rate Maturity Date Par Value Book Value Market Value Yield

ABGENIX INC 3.50 3/15/2007 4,000,000.00 3,242,981.73 2,830,000.00 4.95
ADVANCED MICRO DEVICES INC 4.75 2/1/2022 5,000,000.00 4,964,817.33 3,906,250.00 6.08
AFFYMETRIX INC 5.00 10/1/2006 3,750,000.00 3,940,945.19 3,323,625.00 5.64
ALLIED WASTE NORTH AMER INC 10.00 8/1/2009 5,000,000.00 5,199,618.88 4,912,500.00 10.18
ANTEC CORP 4.50 5/15/2003 8,350,000.00 8,184,865.58 7,494,125.00 5.01
BARNES + NOBLE INC 5.25 3/15/2009 6,500,000.00 7,486,363.09 6,849,375.00 4.98
BEA SYS INC 4.00 12/15/2006 7,970,000.00 8,087,505.69 6,406,286.00 4.98
BJ SVCS CO 0.40 4/24/2022 2,000,000.00 1,632,547.99 1,588,600.00 0.50
BURR BROWN CORP 4.25 2/15/2007 1,000,000.00 1,206,611.58 1,004,900.00 4.23
CALPINE CORP 4.00 12/26/2006 10,000,000.00 10,000,000.00 7,225,000.00 5.54
CALPINE CORP 4.00 12/26/2006 100,000,000.00 114,078,820.78 72,250,000.00 5.54
CHARTER COMM INC 5.75 10/15/2005 10,000,000.00 10,712,891.56 5,150,000.00 11.17
CHARTER COMMUNICATIONS HLDGS 9.63 11/15/2009 5,000,000.00 4,967,101.56 3,325,000.00 14.47
COMCAST CORP 0.00 12/19/2020 5,200,000.00 4,027,445.26 3,939,000.00 0.00
CORNING INC 3.50 11/1/2008 5,587,000.00 6,519,381.76 3,785,192.50 5.17
COSTCO COS INC 0.01 8/19/2017 2,000,000.00 1,712,228.38 1,763,800.00 0.01
CYMER INC 3.50 2/15/2009 2,000,000.00 2,040,000.00 2,040,000.00 3.43
DIAMOND OFFSHORE DRILLING INC 1.50 4/15/2031 8,500,000.00 7,860,629.33 7,821,700.00 1.63
DURA PHARMACEUTICALS INC 3.50 7/15/2002 1,150,000.00 1,142,180.00 1,142,180.00 3.52
ECHOSTAR COMMUNICATIONS CORP 5.75 5/15/2008 10,000,000.00 9,877,927.27 7,762,500.00 7.41
ELAN FIN CORP LTD 0.01 12/14/2018 16,700,000.00 9,357,308.28 8,016,000.00 0.02
ELAN FIN CORP LTD 0.01 12/14/2018 5,500,000.00 3,346,602.24 2,640,000.00 0.02
EXTREME NETWORKS INC 3.50 12/1/2006 3,000,000.00 2,980,496.38 2,501,250.00 4.20
HANOVER COMPRESS HC 4.75 3/15/2008 3,000,000.00 3,053,100.75 2,368,500.00 6.02
HUMAN GENOME SCIENCES INC 5.00 2/1/2007 6,500,000.00 6,500,000.00 4,923,750.00 6.60
INTERNATIONAL RECTIFIER CORP 4.25 7/15/2007 4,500,000.00 3,779,853.30 3,705,750.00 5.16
INTERNATIONAL RECTIFIER CORP 4.25 7/15/2007 3,000,000.00 3,000,000.00 2,470,500.00 5.16
INVITROGEN CORP 2.25 12/15/2006 4,000,000.00 4,000,000.00 3,115,000.00 2.89
INVITROGEN INC 2.25 12/15/2006 3,400,000.00 2,645,833.05 2,647,750.00 2.89
IVAX CORPORATION 5.50 5/15/2007 5,000,000.00 4,319,186.69 4,113,000.00 6.69
KERR MCGEE CORP 5.25 2/15/2010 8,000,000.00 8,161,888.18 8,841,600.00 4.75
L 3 COMMUNICATIONS HLDGS INC 4.00 9/15/2011 2,000,000.00 2,425,620.32 2,380,600.00 3.36
LAMAR ADVERTISING CO 5.25 9/15/2006 5,000,000.00 4,984,546.92 5,079,500.00 5.17
LEAR CORP 0.01 2/20/2022 15,000,000.00 6,328,676.67 6,637,500.00 0.02
LIBERTY MEDIA CORP 3.25 3/15/2031 8,000,000.00 8,098,042.16 7,560,000.00 3.44
LIFEPOINT HOSPS INC 4.50 6/1/2009 5,000,000.00 5,069,070.68 5,189,500.00 4.34
LOWES COS INC 0.01 2/16/2021 2,000,000.00 1,377,321.42 1,637,000.00 0.01
LSI LOGIC CORP 4.00 11/1/2006 2,000,000.00 1,906,417.28 1,622,500.00 4.93
LSI LOGIC CORP 4.25 3/15/2004 2,000,000.00 2,254,019.82 1,917,600.00 4.43
MANUGISTICS GROUP INC 5.00 11/1/2007 7,500,000.00 5,669,340.87 4,893,750.00 7.66
MEDIACOM 5.25 7/1/2006 6,700,000.00 6,753,528.76 5,175,750.00 6.80
MERCURY INTERACTIVE CORP 4.75 7/1/2007 13,000,000.00 10,804,162.61 10,336,300.00 5.97
OMNICOM GROUP INC 0.00 2/7/2031 13,500,000.00 12,757,677.00 12,555,000.00 0.00
ONI SYSY CORP 5.00 10/15/2005 10,675,000.00 7,769,793.84 7,525,875.00 7.09
PHOTRONICS INC 4.75 12/15/2006 2,000,000.00 2,348,922.73 1,765,000.00 5.38
PRIDE INTL INC DEL 2.50 3/1/2007 3,000,000.00 3,387,690.68 3,393,750.00 2.21
RATIONAL SOFTWARE CORP 5.00 2/1/2007 7,500,000.00 7,179,343.81 6,075,000.00 6.17
RF MICRO DEVICES 3.75 8/15/2005 5,000,000.00 3,990,101.00 3,844,000.00 4.88
ROYAL CARIBBEAN CRUISES LTD 0.00 2/2/2021 10,000,000.00 3,641,245.40 3,590,000.00 0.00
ROYAL CARIBBEAN CRUISES LTD 0.01 5/18/2021 17,500,000.00 5,602,427.66 7,035,000.00 0.02
RURAL CELLULAR CORP 9.75 1/15/2010 3,000,000.00 3,000,000.00 1,440,000.00 20.31
SIEBEL SYS INC 5.50 9/15/2006 1,000,000.00 1,173,131.64 1,010,500.00 5.44
SONIC AUTOMOTIVE INC 5.25 5/7/2009 2,000,000.00 2,000,000.00 1,774,000.00 5.92
SYMANTEC CORP 3.00 11/1/2006 1,000,000.00 1,000,000.00 1,208,750.00 2.48
TEVA PHARMACEUTICALS 1.50 10/15/2005 5,000,000.00 5,000,000.00 5,219,000.00 1.44
TRANSOCEAN SEDCO FOREX INC 0.01 5/24/2020 4,300,000.00 2,680,484.87 2,606,660.00 0.02
TYCO INTL LTD 0.01 11/17/2020 27,500,000.00 17,553,129.61 17,050,000.00 0.02
TYCO INTL LTD 0.00 11/17/2020 42,500,000.00 26,674,590.36 26,350,000.00 0.00
VERITAS SOFTWARE CORP 1.86 8/13/2006 2,500,000.00 4,489,507.77 2,110,500.00 2.20
VERTEX PHARMACEUTICALS INC 5.00 9/19/2007 7,000,000.00 6,084,526.18 5,325,600.00 6.57
WELLPOINT HEALTH NETWORKS INC 0.01 7/2/2019 750,000.00 613,401.21 809,100.00 0.01
XL CAP LTD 0.00 5/23/2021 2,000,000.00 1,241,128.86 1,239,200.00 0.00
Total501,532,000.00$441,886,981.96$364,220,068.50 



Entries 1 - 62 of 62