UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE QUARTER ENDED: SEPTEMBER 30, 1999
INSTITUTIONAL INVESTMENT MANAGER FILING THIS REPORT:
NAME: PACIFIC INCOME ADVISERS
ADDRESS: 1299 OCEAN AVENUE
SECOND FLOOR
ATTN: JOHN GRAVES
13F FILE NUMBER: 28-
THE INSTITUTIONAL INVESTMENT MANAGER FILING THIS REPORT AND THE PERSON BY
WHOM IT IS SIGNED HEREBY REPRESENT THAT THE PERSON SIGNING THE REPORT IS
AUTHORIZED TO SUBMIT IT, THAT ALL INFORMATION CONTAINED HEREIN IS TRUE,
CORRECT AND COMPLETE, AND THAT IT IS UNDERSTOOD THAT ALL REQUIRED ITEMS,
STATEMENTS, SCHEDULES, LISTS, AND TABLES, ARE CONSIDERED INTEGRAL PARTS
OF THIS FORM.
PERSON SIGNING THIS REPORT ON BEHALF OF REPORTING MANAGER:
NAME: ROBERT V. CORNISH, JR.
TITLE: CHIEF LEGAL & COMPLIANCE OFFICER
PHONE: (310) 393-1424
SIGNATURE, PLACE, AND DATE OF SIGNING:
ROBERT V. CORNISH, JR. SANTA MONICA, CA NOV 05, 1999
REPORT TYPE (CHECK ONLY ONE.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 122
FORM 13F INFORMATION TABLE VALUE TOTAL: $897,303,026
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
<C>
NAME OF ISSUER
- --------------
AAR CORP
AARON RENTS INC
AIR PRODS & CHEMS INC
ALBERTO-CULVER CO CL B
ALBERTSON'S INC
ALLTEL CORP
ANADARKO PETROLEUM CORP
ANWORTH MORTGAGE ASSET CORP
APACHE CORP
AT&T CORPORATION
AUTODESK INC
AVNET INC
AXA FINANCIAL
BAKER HUGHES INC
BANK OF AMERICA CORP
BANK ONE CORP
BANK UTD CORP CL A
BANKBOSTON CORPORATION
BELL ATLANTIC CORP
BELLSOUTH CORP
BERGEN BRUNSWIG CORP CL A
BORG-WARNER AUTOMOTIVE INC
BOWATER
BRISTOL MYERS SQUIBB CO
BURLINGTON RESOURCES
C&K WITCO CORP
CALLAWAY GOLF COMPANY
CAPITAL RE CORP
CENTRAL PKG CORP
CENTURYTEL INC
CHASE MANHATTAN CORP NEW
CIGNA CORP
CISCO SYS INC
CKE RESTAURANTS INCORPORATED
CNF TRANSPORTATION INC
COASTAL CORP
COHU INC
COLUMBIA/HCA HEALTHCARE CORP
COMDISCO
COMPAQ COMPUTER CORP
COMPASS BANCSHARES INC
COMPUTER ASSOC INTL INC
CONSECO INC
COUNTRYWIDE CREDIT INDS INC DEL
CRESCENT REAL EST EQUITIES CO
CSX CORP
DALLAS SEMICONDUCTOR CORP
DELL
DELTA AIRLINES INC DEL
DEVELOPERS DIVERSIFIED REALTY CO
DUKE REALTY INV INC COM NEW
EMERSON ELECTRIC CO
EQUIFAX INC
FDX CORP
FELCOR LODGING TRUST INC
FIRST AMERICAN CORP TENN
FIRST UNION CORP
FLEET FINANCIAL GROUP INC NEW
FORT JAMES CORPORATION
FRONTIER INSURANCE GROUP INC NEW
GATX CORPORATION
GENCORP INC
GENERAL ELECTRIC CO
GOODRICH B F CO
GTE CORP
HARTFORD LIFE INC CL 1
ICN PHARMACEUTICALS INC NEW
INTEL CORP
INTERNATIONAL BUSINESS MACHINES
INTERNATIONAL PAPER CO
JOHN NUVEEN CO CL A
KENNAMETAL INC
KIMBERLEY CLARK CORP
KLM ROYAL DUTCH AIRLINES
LOCKHEED MARTIN CORP
LOWE'S COMPANIES
LUCENT TECHNOLOGIES
MACERICH COMPANY (THE)
MASCOTECH INC
MATTEL INC
MAY DEPARTMENT STORES
MERCK & CO INC
MERRILL LYNCH & CO INC
MICROSOFT CORP
MINNESOTA MINING & MFG CO
MORGAN STANLEY DEAN WITTER & CO
MYLAN LABORATORIES
NATIONWIDE FINANCIAL SEVICES INC
NOKIA CORP -SPONSERED ADR
PARKER HANNIFIN CORP
PEOPLES HERITAGE FIN'L GROUP
PIER 1 IMPORTS INC
PITTSTON CO
PRAXAIR INC
PRECISION CASTPARTS CORP
PRENTISS PROPERTIES TRUST
RYDER SYSTEM INC
SBC COMMUNICATIONS
SELECTIVE INSURANCE GROUP
SERVICE CORP INTL
SHARED MEDICAL SYSTEMS CORP
SIMON PPTY GROUP INC
SOTHEBY'S HOLDINGS - CLASS A
STANDARD & POORS DEPOSITORY RECEIPTS TRSBE
SYMBOL TECHNOLOGIES INC
TEVA PARMACEUTICALS INS LTD ADR
TEXACO INC
THOMAS & BETTS CORP
THORNBURG MTG ASSET CORP $2.42 CVT PFD
TIDEWATER INC
TRAVELERS PROP CASUALTY-CL A
TUPPERWARE CORPORATION
UNITED HEALTHCARE CORP
WAL MART STORES INC
WARNACO GROUP INC
WARNER-LAMBERT CO
WASHINGTON FEDERAL INC
WASHINGTON MUTUAL INC
XEROX CORP
XL CAPITAL LTD CL A
<C>
TITLE OF CLASS
- --------------
COM
COM
COM
CL B
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
CL A
COM
COM
COM
CL A
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
CL A
COM
COM
COM
COM
CL A
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
CL A
ADR
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
CL A
UNIT SER 1
COM
ADR
COM
COM
PFD
COM
CL A
COM
COM
COM
CL A
COM
COM
COM
COM
CL A
<C>
CUSIP NO.
- ---------
000361105
002535201
009158106
013068101
013104104
020039103
032511107
037347101
037411105
001957109
052769106
053807103
002451102
057224107
060505104
06423A103
065412108
06605R106
077853109
079860102
083739102
099724106
102183100
110122108
122014103
12562C108
131193104
140432105
154785109
156700106
16161A108
125509109
17275R102
12561E105
12612W104
190441105
192576106
197677107
200336105
204493100
20449H109
204912109
208464107
222372104
225756105
126408103
235204104
247025109
247361108
251591103
264411505
291011104
294429105
31304N107
31430F101
318900107
337358105
338915101
347471104
359081106
361448103
368682100
369604103
382388106
362320103
416592103
448924100
458140100
459200101
460146103
478035108
489170100
494368103
482516101
539830109
548661107
549463107
554382101
574670105
577081102
577778103
589331107
590188108
594918104
604059105
617446448
628530107
638612101
654902204
701094104
711147108
720279108
725701106
74005P104
740189105
740706106
783549108
78387G103
816300107
817565104
819486101
828806109
835898107
78462F103
871508107
881624209
881694103
884315102
885218206
886423102
893939108
899896104
910581107
931142103
934390105
934488107
938824109
939322103
984121103
G98255105
<C>
VALUE
- --------------
5,957,180
1,534,215
16,362,954
4,706,206
3,014,000
17,396,342
4,272,482
244,000
14,120
18,507,724
7,509,288
22,426,288
748,000
538,675
1,521,000
16,279,918
4,745,410
4,061,000
4,147,000
2,548,000
5,755,126
5,124,040
5,092,938
351,000
813,586
3,529,805
4,520,747
510,900
4,793,565
602,020
205,000
16,168,489
288,000
10,197,895
5,033,200
601,167
4,365,777
4,244,000
4,333,493
22,096,604
4,668,125
35,979,579
12,895,906
13,420,345
8,632,694
14,179,030
10,415,579
201,000
18,228,446
3,767,690
14,557,833
20,053,288
624,515
233,000
4,312,905
688,171
12,731,975
17,943,043
12,628,317
3,155,225
4,393,322
3,723,461
213,000
508,950
28,298,533
731,362
16,317,002
21,615,834
29,497,171
20,639,635
6,943,852
14,200,235
4,049,034
4,826,421
14,879,880
4,294,000
266,000
4,413,628
4,557,770
546,250
21,388,155
237,342
23,078,687
208,000
3,733,000
4,579,211
2,635,003
4,296,858
3,370,000
642,163
4,551,230
3,701,507
3,764,481
850,770
5,390,695
4,486,330
3,939,638
24,976,466
3,994,514
14,145,267
24,296,057
8,057,528
5,366,189
644,000
7,955,179
622,472
17,719,508
5,834,895
1,548,000
4,440,533
1,317,000
4,596,563
17,347,916
247,000
3,584,886
2,830,000
5,402,321
2,811,000
18,561,938
598,815
<C>
SHARES
- ---------
320,035
88,940
559,393
203,495
76,175
247,190
139,795
50,000
609,807
449,145
343,268
533,966
13,400
18,575
27,307
467,649
146,565
93,625
61,610
56,625
554,695
119,165
97,010
5,200
22,135
237,305
370,926
51,090
163,890
14,810
2,725
207,950
4,200
1,406,607
135,120
14,685
206,675
200,295
224,380
965,954
186,710
588,615
678,724
416,136
479,569
334,602
194,719
4,800
375,841
269,125
746,545
317,356
410,613
6,000
246,471
15,820
357,370
489,914
473,185
360,636
141,445
203,340
1,800
17,550
368,113
14,850
949,336
290,880
243,781
429,428
185,490
548,793
76,755
184,742
455,203
88,080
4,096
190,855
274,160
28,750
586,979
3,667
342,535
2,300
38,855
51,341
143,400
121,465
37,495
14,330
273,764
563,942
162,365
18,495
176,740
202,180
193,335
489,962
211,650
1,305,550
519,688
359,096
207,895
5,000
236,599
12,390
280,706
114,400
67,300
174,120
44,635
227,005
356,309
5,200
196,410
42,630
232,969
96,090
442,610
13,307
<C>
VOTING AUTHORITY
SOLE
- ----------
320,035
88,940
497,405
169,825
68,845
218,755
139,795
50,000
609,807
399,703
343,268
484,308
13,400
18,575
27,307
415,358
146,565
85,030
55,750
51,065
554,695
119,165
97,010
5,200
22,135
237,305
370,926
51,090
163,890
14,810
2,725
181,390
4,200
1,297,297
135,120
14,685
206,675
180,985
224,380
857,933
186,710
521,904
602,357
366,738
427,041
296,023
194,719
4,800
334,921
269,125
683,035
280,792
20,420
6,000
246,471
15,820
312,371
436,093
417,895
360,636
141,445
203,340
1,800
17,550
326,638
14,850
869,426
259,170
216,736
381,193
185,490
503,684
69,580
184,742
403,631
79,690
4,096
190,855
274,160
28,750
520,664
3,667
302,879
2,300
34,210
47,501
140,410
121,465
33,250
14,330
273,764
563,942
162,365
18,495
176,740
202,180
193,335
435,469
211,650
1,165,723
477,285
320,016
207,895
5,000
236,599
12,390
249,937
114,400
67,300
174,120
38,975
227,005
315,014
5,200
196,410
38,740
232,969
86,085
393,175
13,502
<C>
NONE
- -------
0
0
61,988
0
7,330
28,435
0
0
0
49,442
0
49,658
0
0
0
52,291
0
8,595
5,860
5,560
0
0
0
0
0
0
0
0
0
0
0
26,560
0
109,310
0
0
0
19,310
0
108,021
0
66,711
76,367
49,398
52,528
38,579
0
0
40,920
0
63,405
36,564
0
0
0
0
44,999
53,821
55,290
0
0
0
0
0
41,475
0
79,910
31,710
27,045
48,235
0
45,109
7,175
0
51,572
8,390
0
0
0
0
66,315
0
39,656
0
4,645
3,840
2,990
0
4,245
0
0
0
0
0
0
0
0
54,493
0
139,827
42,403
39,080
0
0
0
0
30,769
0
0
0
5,660
0
41,295
0
0
3,890
0
10,005
49,435
0
</TABLE>
