SALEM CAPITAL MANAGEMENT INC Information

400 UNICORN PARK DRIVE, WOBURN, Massachusetts, 01801, (781) 932-9005

Report Date: 03/31/2015

Position Statistics

Total Positions 73
New Positions 1
Increased Positions 8
Decreased Positions 41
Positions with Activity 49
Sold Out Positions 5
Total Mkt Value (in $ millions) 195

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

Sector Weighting

Basic Materials 14.61%
Capital Goods 4.88%
Conglomerates
Consumer Cyclical 3.08%
Consumer/Non-Cyclical 9.91%
Energy 11.52%
Financial 3.94%
Healthcare 20.49%
Services 12.25%
Technology 17.15%
Transportation 1.17%
Utilities 0.71%

73 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
CVS HEALTH CORP COM 10,915 -978 (8.22) 103,254
NOVARTIS A G SPONSORED ADR 7,906 -140 (1.74) 80,245
JOHNSON & JOHNSON COM 7,587 -295 (3.75) 77,050
UNILEVER PLC SPON ADR NEW 7,580 -36 (0.47) 174,866
HONEYWELL INTL INC COM 7,516 -386 (4.88) 73,084
PFIZER INC COM 7,339 -188 (2.5) 217,826
WEYERHAEUSER CO COM 7,047 -65 (0.91) 220,207
MERCK & CO INC NEW COM 6,937 -179 (2.51) 120,429
GENERAL ELECTRIC CO COM 6,754 -13 (0.2) 253,333
MICROSOFT CORP COM 6,727 -81 (1.19) 151,346
INTL PAPER CO COM 6,649 -123 (1.81) 136,945
DOW CHEM CO COM 6,291 -54 (0.85) 122,425
DU PONT E I DE NEMOURS & CO COM 6,089 -215 (3.41) 99,129
PACCAR INC COM 5,999 2 .04 93,225
PROCTER & GAMBLE CO COM 5,716 -144 (2.47) 71,706
CISCO SYS INC COM 5,558 -90 (1.59) 203,225
INTEL CORP COM 5,211 -99 (1.86) 172,680
SCHLUMBERGER LTD COM 4,836 59 1.24 57,363
DEVON ENERGY CORP NEW COM 4,785 -139 (2.81) 82,894
GLAXOSMITHKLINE PLC SPONSORED ADR 4,780 -67 (1.39) 113,420