LAFFER INVESTMENTS Information

103 MURPHY COURT, NASHVILLE, Tennessee, 37203, (615) 460-0100

Report Date: 03/31/2015

Position Statistics

Total Positions 227
New Positions 10
Increased Positions 63
Decreased Positions 74
Positions with Activity 137
Sold Out Positions 48
Total Mkt Value (in $ millions) 646

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 4.37%
Capital Goods 3.41%
Conglomerates
Consumer Cyclical 3.37%
Consumer/Non-Cyclical 7.33%
Energy 5.65%
Financial 21.46%
Healthcare 7.47%
Services 23.97%
Technology 11.4%
Transportation 2.39%
Utilities 8.36%

227 Positions as of 03/31/2015

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ISHARES 1-3 YR CR BD ETF 664 -197 (22.91) 6,314
ISHARES TR 1-3 YR TR BD ETF 159 22 15.79 1,877
ISHARES TR 20+ YR TR BD ETF 16 -13 (44.68) 130
ISHARES 3-7 YR TR BD ETF 108 -2 (1.91) 872
ISHARES TR 7-10 Y TR BD ETF 28 -21 (43.07) 263
ALPS ETF TR ALERIAN MLP 1,624 -116 (6.69) 105,365
FEDERATED INVT SER FDS INC BD FD CL A SHS -19 Sold Out 0
AMPHENOL CORP NEW CL A 2,919 New 51,754
APARTMENT INVT & MGMT CO CL A 2,631 New 67,327
BROADCOM CORP CL A 3,616 New 71,439
CABLEVISION SYS CORP CL A NY CABLVS 2,824 New 100,078
BROWN FORMAN CORP CL B 2,867 New 26,450
UNITED PARCEL SERVICE INC CL B 14,267 1,434 11.17 139,380
ABBVIE INC COM -4 Sold Out 0
ALTERA CORP COM 2,920 New 58,805
ALTRIA GROUP INC COM 234 -13 (5.29) 4,295
ANALOG DEVICES INC COM 2,481 New 42,539
APPLE INC COM -16,983 Sold Out 0
APPLIED MATLS INC COM 2,328 New 134,118
ARES CAP CORP COM 203 24 13.18 12,613