SALEM CAPITAL MANAGEMENT INC Information

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

Report Date: 03/31/2015

Position Statistics

Total Positions 72
New Positions 1
Increased Positions 8
Decreased Positions 40
Positions with Activity 48
Sold Out Positions 5
Total Mkt Value (in $ millions) 202

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

Sector Weighting

Basic Materials 14.96%
Capital Goods 4.76%
Conglomerates
Consumer Cyclical 2.96%
Consumer/Non-Cyclical 9.68%
Energy 11.99%
Financial 3.87%
Healthcare 20.36%
Services 11.92%
Technology 17.44%
Transportation 1.18%
Utilities 0.75%

72 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 10,585 -948 (8.22) 103,254
NOVARTIS A G SPONSORED ADR 8,288 -147 (1.74) 80,245
JOHNSON & JOHNSON COM 7,708 -300 (3.75) 77,050
UNILEVER PLC SPON ADR NEW 7,652 -36 (0.47) 174,866
HONEYWELL INTL INC COM 7,605 -390 (4.88) 73,084
PFIZER INC COM 7,528 -193 (2.5) 217,826
MERCK & CO INC NEW COM 7,316 -188 (2.51) 120,429
WEYERHAEUSER CO COM 7,157 -66 (0.91) 220,207
MICROSOFT CORP COM 7,148 -86 (1.19) 151,346
DU PONT E I DE NEMOURS & CO COM 7,102 -251 (3.41) 99,129
INTL PAPER CO COM 7,096 -131 (1.81) 136,945
GENERAL ELECTRIC CO COM 6,911 -14 (0.2) 253,333
DOW CHEM CO COM 6,398 -55 (0.85) 122,425
PACCAR INC COM 5,972 2 .04 93,225
CISCO SYS INC COM 5,930 -96 (1.59) 203,225
INTEL CORP COM 5,855 -111 (1.86) 172,680
PROCTER & GAMBLE CO COM 5,654 -143 (2.47) 71,706
DEVON ENERGY CORP NEW COM 5,344 -155 (2.81) 82,894
SCHLUMBERGER LTD COM 5,200 63 1.24 57,363
GLAXOSMITHKLINE PLC SPONSORED ADR 5,007 -71 (1.39) 113,420