Hedge Fund Database

INCOME RESEARCH + MANAGEMENT

INCOME RESEARCH & MANAGEMENT Legal Name

Adviser information for INCOME RESEARCH + MANAGEMENT last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Other (specify)
Fiscal Year End DECEMBER
Legal Location Massachusetts, United States

Employees

Total Number of Employees 201
Investment Advisory/Research 63
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 1

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 917 $95.4B
Non-Discretionary 5 $1.6B
Total 922 $97.0B

Clients

Type Number RAUM
Individuals 0 $0
HNW Individuals 391 $4.0B
Banking or thrift institutions <5 $139.7M
Investment companies 9 $4.2B
Business development companies 0 $0
Pooled investment vehicles 23 $15.3B
Pension and profit sharing plans 102 $21.2B
Charitable organizations 151 $18.8B
State or municipal gov entities 46 $14.3B
Other investment advisers 0 $0
Insurance companies 84 $13.7B
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 35 $5.2B
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 3
No. of Financial Planning Clients 0

Services

Advisory Services Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients
Compensation % of AUM
Other Business Activities Commodity pool operator or commodity trading advisor

Identifiers

SEC RIA File Number 801-29482
SEC ERA File Number 801-29482
SEC CIK Numbers 1165830
SEC CRD Numbers 104863
Legal Entity Identifier 254900RO33N8JBVSKJ39

Principal Office

115 FEDERAL STREET
22ND FLOOR
BOSTON
MA
United States
Monday - Friday, 8:30 AM - 5:30 PM
Tel: 617-330-9333, Fax: 617-330-9222

Websites

www.linkedin.com/company/income-research-&-management/ www.incomeresearch.com/

Chief Compliance Officer

KIZIK, RICHARD
115 FEDERAL STREET
22ND FLOOR
BOSTON
MA
United States
Tel: 617-330-9333
Fax: 617-330-9222
(Full email address available in API data)

Regulatory Contact

CANNATA, MATTHEW
SENIOR VICE PRESIDENT, GENERAL COUNSEL
115 FEDERAL STREET
22ND FLOOR
BOSTON
MA
United States
Tel: 617-330-9333
Fax: 617-330-9222
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
IR&M CORE BOND FUND II LLC PRIVATE INVESTMENT FUND $3,628.2M $5.0M 124
IR&M CORE BOND FUND LLC PRIVATE INVESTMENT FUND $719.4M $5.0M 46
IR&M CORE ESG BOND FUND LLC PRIVATE INVESTMENT FUND $95.8M $5.0M 8
IR&M CORE PLUS BOND FUND LLC PRIVATE INVESTMENT FUND $476.8M $5.0M 6
IR&M INTERMEDIATE CREDIT FUND LLC PRIVATE INVESTMENT FUND $407.1M $5.0M 20
IR&M INTERMEDIATE FUND LLC PRIVATE INVESTMENT FUND $1,389.7M $5.0M 47
IR&M INTERMEDIATE TREASURY INFLATION-PROTECTED SECURITIES (TIPS) FUND LLC PRIVATE INVESTMENT FUND $54.7M $5.0M 4
IR&M LONG CREDIT FUND LLC PRIVATE INVESTMENT FUND $254.0M $5.0M 12
IR&M LONG GOVERNMENT/CREDIT FUND LLC PRIVATE INVESTMENT FUND $493.7M $5.0M 17
IR&M SHORT DIVERSIFIED INCOME FUND LLC PRIVATE INVESTMENT FUND $78.9M $2.0M 11
IR&M SHORT ESG BOND FUND LLC PRIVATE INVESTMENT FUND $111.3M $5.0M 7
IR&M SHORT FUND LLC PRIVATE INVESTMENT FUND $1,176.4M $5.0M 45
IR&M SOCIALLY RESPONSIBLE CORE BOND FUND LLC PRIVATE INVESTMENT FUND $162.2M $5.0M 10
IR&M TAX-EFFICIENT CROSSOVER (CALIFORNIA) BOND FUND LLC OTHER PRIVATE FUND $145.8M $2.0M 78
IR&M TAX-EFFICIENT CROSSOVER BOND FUND LLC PRIVATE INVESTMENT FUND $323.6M $2.0M 107

Control Persons

Name Type Entity Title Since Ownership
SOMMERS JR., JOHN, ANTHONY Individual – EXECUTIVE CHAIRPERSON, DIRECTOR 01/2024 < 5%
J.SOMMERS MANAGEMENT TRUST Domestic Entity – OWNER 01/2004 5-10%
JOHN A. SOMMERS, JR. REVOCABLE TRUST OF 1995 Domestic Entity – OWNER 01/2004 25-50%
WILLIAM A. O'MALLEY Domestic Entity – OWNER, CHIEF EXECUTIVE OFFICER, CO-CHIEF INVESTMENT OFFICER, DIRECTOR 01/2024 10-25%
KIZIK, RICHARD, MARK Individual – CHIEF COMPLIANCE OFFICER 01/2020 < 5%
JOHN A. SOMMERS, JR. FAMILY TRUST DTD 07/31/2006 Domestic Entity – OWNER 08/2011 < 5%
SOMMERS JR., JOHN, ANTHONY Individual JOHN A. SOMMERS, JR. FAMILY TRUST DTD 07/31/2006 TRUSTEE 08/2011
ROBERT F. SOMMERS FAMILY TRUST DTD 07/31/2006 Domestic Entity – OWNER 01/2024 < 5%
KENNETH T. SOMMERS FAMILY TRUST DTD 07/31/2006 Domestic Entity – OWNER 08/2011 < 5%
SOMMERS, ROBERT, FRANKLYN Individual ROBERT F. SOMMERS REVOCABLE TRUST OF 1995 TRUSTEE 08/2011
KENNETH T. SOMMERS Domestic Entity KENNETH T. SOMMERS FAMILY TRUST DTD 07/31/2006 MEMBER 08/2011
ROBERT F. SOMMERS REVOCABLE TRUST OF 1995 Domestic Entity – OWNER 01/2024 < 5%
KENNETH T. SOMMERS REVOCABLE TRUST OF 1995 Domestic Entity – OWNER 06/2006 < 5%
KENNETH T. SOMMERS Domestic Entity KENNETH T. SOMMERS REVOCABLE TRUST OF 1995 TRUSTEE 12/2006
SOMMERS, ROBERT, FRANKLYN Individual ROBERT F. SOMMERS FAMILY TRUST DTD 07/31/2006 TRUSTEE 08/2011
CANNATA, MATTHEW, JOHN Individual – GENERAL COUNSEL, SECRETARY 01/2020 < 5%
GUBITOSI, JAMES, EDWARD Individual – CO-CHIEF INVESTMENT OFFICER 01/2020 < 5%
KILPATRICK, SARAH, MULLER Individual – CHIEF OF STAFF 01/2022 < 5%
SOMMERS, JOHN, ANTHONY Individual J.SOMMERS MANAGEMENT TRUST TRUSTEE 12/2016
SOMMERS JR., JOHN, ANTHONY Individual JOHN A. SOMMERS, JR. REVOCABLE TRUST OF 1995 TRUSTEE 06/1995
Anderson, Brooke, H Individual – DIRECTOR OF PRODUCT MANAGEMENT 01/2020 < 5%
DeSantis, Massimo Individual – CHIEF OPERATING OFFICER 03/2021 < 5%
Goldstein, Deborah, Heller Individual – DIRECTOR 01/2024 < 5%
DRISCOLL, MEGHAN, KELLY Individual – CHIEF FINANCIAL OFFICER; HEAD OF CLIENT STRATEGY 01/2024 < 5%
THORNE, DUNE, DELAFIELD Individual – DIRECTOR 01/2024 < 5%
TAYLOR, ELIZABETH, GENUNG Individual – DIRECTOR 01/2024 < 5%
LAWRENCE, WILLIAM, THEODORE Individual – DIRECTOR 01/2024 < 5%
KING, ERINN, RACHELLE Individual – CHIEF STRATEGY OFFICER 04/2023 < 5%
MILES, MICHAEL, ANTHONY Individual – DIRECTOR 01/2024 < 5%

No. Employees, Historic

3001500202020212022202320242025177 on 3/27/2020177 on 6/26/2020181 on 3/29/2021181 on 3/30/2021193 on 3/28/2022210 on 3/30/2023210 on 1/25/2024210 on 3/8/2024201 on 3/28/2024

RAUM, Historic

100B50B020202021202220232024202575105086260 on 3/27/202075105086260 on 6/26/202088334783976 on 3/29/202188334783976 on 3/30/202195994970999 on 3/28/202288998286890 on 3/30/202388998286890 on 1/25/202488998286890 on 3/8/202496989577589 on 3/28/2024

No. Clients, Historic

9004500202020212022202320242025698 on 3/27/2020698 on 6/26/2020703 on 3/29/2021703 on 3/30/2021764 on 3/28/2022816 on 3/30/2023816 on 1/25/2024816 on 3/8/2024841 on 3/28/2024

Holdings

From latest 13F, filed July 23rd, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
AKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0 10M 10M –
ALLIANT ENERGY CORP NOTE 3.875% 3/1 12M 12M –
BONDBLOXX ETF TRUST IR M TAXAWARE 5M 100K –
BOOKING HOLDINGS INC NOTE 0.750% 5/0 12M 6M –
CMS ENERGY CORP NOTE 3.375% 5/0 11M 11M –
DUKE ENERGY CORP NEW NOTE 4.125% 4/1 12M 12M –
ETSY INC NOTE 0.250% 6/1 8M 10M –
EURONET WORLDWIDE INC NOTE 0.750% 3/1 12M 12M –
EXPEDIA GROUP INC NOTE 2/1 13M 14M –
FORD MTR CO DEL NOTE 3/1 9M 9M –
HARBOR ETF TRUST DISCIPLINED BOND 2M 50K –
NEW MTN FIN CORP NOTE 7.500%10/1 12M 12M –
ON SEMICONDUCTOR CORP NOTE 0.500% 3/0 4M 4M –
PENNYMAC CORP NOTE 5.500%11/0 6M 6M –
PPL CAP FDG INC NOTE 2.875% 3/1 11M 12M –
SOUTHERN CO NOTE 3.875%12/1 12M 11M –
SOUTHWEST AIRLS CO NOTE 1.250% 5/0 12M 12M –
VENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 12M 11M –