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) 203

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

Sector Weighting

Basic Materials 14.79%
Capital Goods 4.94%
Conglomerates
Consumer Cyclical 3.06%
Consumer/Non-Cyclical 9.85%
Energy 12.72%
Financial 3.78%
Healthcare 20.31%
Services 11.56%
Technology 16.9%
Transportation 1.2%
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 10,416 -933 (8.22) 103,254
NOVARTIS A G SPONSORED ADR 8,466 -150 (1.74) 80,245
UNILEVER PLC SPON ADR NEW 7,848 -37 (0.47) 174,866
JOHNSON & JOHNSON COM 7,740 -301 (3.75) 77,050
PFIZER INC COM 7,702 -197 (2.5) 217,826
HONEYWELL INTL INC COM 7,528 -386 (4.88) 73,084
INTL PAPER CO COM 7,242 -134 (1.81) 136,945
DU PONT E I DE NEMOURS & CO COM 7,017 -248 (3.41) 99,129
WEYERHAEUSER CO COM 7,016 -65 (0.91) 220,207
MERCK & CO INC NEW COM 6,926 -178 (2.51) 120,429
GENERAL ELECTRIC CO COM 6,802 -13 (0.2) 253,333
MICROSOFT CORP COM 6,559 -79 (1.19) 151,346
DOW CHEM CO COM 6,244 -54 (0.85) 122,425
PACCAR INC COM 6,199 3 .04 93,225
CISCO SYS INC COM 5,827 -94 (1.59) 203,225
PROCTER & GAMBLE CO COM 5,805 -147 (2.47) 71,706
INTEL CORP COM 5,586 -106 (1.86) 172,680
DEVON ENERGY CORP NEW COM 5,496 -159 (2.81) 82,894
SCHLUMBERGER LTD COM 5,338 65 1.24 57,363
GLAXOSMITHKLINE PLC SPONSORED ADR 5,252 -74 (1.39) 113,420