UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE QUARTER ENDED: DECEMBER 31, 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 JAN 13, 2000
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: 121
FORM 13F INFORMATION TABLE VALUE TOTAL: $703,320,933.39
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
<C>
NAME OF ISSUER
- --------------
3COM CORP
AAR CORP
AT&T CORPORATION
AXA FINANCIAL
ALBERTO-CULVER CO CL B
ALCOA INC
ALLTEL CORP
AMERICAN INTL GROUP INC
ANADARKO PETROLEUM CORP
APACHE CORP
APPLIED MATERIALS INC
AVNET INC
BAKER HUGHES INC
BANK OF AMERICA CORP
BANK UTD CORP CL A
BAXTER INTERNATIONAL INC
BECMAN COULTER INC
BELL ATLANTIC CORP
BELL SOUTH
BMC SOFTWARE INC
BOISE CASCADE CORP
BORG-WARNER AUTOMOTIVE INC
BOWATER INC
BROADWING INC
BURLINGTON RESOURCES INC
CIGNA CORP
CKE RESTAURANTS INCORPORATED
C&K WITCO CORP
CNF TRANSPORTATION INC
CVS CORP
CALLAWAY GOLF COMPANY
CENTRAL PKG CORP
CENTURYTEL INC
CHASE MANHATTAN CORP NEW
CISCO SYS INC
CITIGROUP INC
COASTAL CORP
COEUR D'ALENE MINES SDCV 6.000% 06/10/02
COHU INC
COLUMBIA/HCA HEALTHCARE CORP
COMPASS BANCSHARES INC
COMPUTER ASSOC INTL INC
COMSAT CORP
CONSECO INC
CONSTELLATION ENERGY GOUP
COUNTRYWIDE CREDIT INDS INC DEL
CRESCENT REAL EST EQUITIES CO
DALLAS SEMICONDUCTOR CORP
DELL
DELTA AIRLINES INC DEL
DEVELOPERS DIVERSIFIED REALTY CO
DIEBOLD INC
DUKE-WEEKS REALTY CORP
ENTERGY CORP NEW
EXXON MOBIL CORP
FDX CORP
FELCOR LODGING TRUST INC
FIRST TENNESSEE NATL CORP
FIRST UNION CORP
FLEETBOSTON FINANCIAL CORPORATION
FORD MOTOR COMPANY
FORT JAMES CORPORATION
GATX CORPORATION
GTE CORP
GENERAL ELECTRIC CO
GENERAL MOTORS CORP
GEORGIA-PACIFIC GROUP
HARRIS CORP
HASBRO INC
ICN PHARMACEUTICALS INC NEW
INTEL CORP
INTERNATIONAL BUSINESS MACHINES
INTERNATIONAL PAPER CO
INTIMATE BRANDS INC
JOHN NUVEEN CO CL A
KENNAMETAL INC
LOCKHEED MARTIN CORP
LOWE'S COMPANIES
LUCENT TECHNOLOGIES
MACERICH COMPANY (THE)
MASCOTECH INC
MAY DEPARTMENT STORES
MERCK & CO INC
MERRILL LYNCH & CO INC
MICROSOFT CORP
MILACRON INC
MINNESOTA MINING & MFG CO
MORGAN STANLEY DEAN WITTER & CO
MOTOROLA INC
MYLAN LABS INC
NATIONAL SEMICONDUCTOR CORP
NATIONWIDE FINANCIAL SEVICES - A
NEW YORK TIMES CO
NOKIA CORP -SPONSERED ADR
PARKER HANNIFIN CORP
PEOPLES HERITAGE FIN'L GROUP
PEPSICO INC
PRECISION CASTPARTS CORP
PRENTISS PROPERTIES TRUST
REYNOLDS METALS CO
SBC COMMUNICATIONS
STANDARD & POORS DEPOSITORY RECEIPTS TRSBE
SCIENTIFIC-ATLANTA INC
SHARED MEDICAL SYSTEMS CORP
SOTHEBY'S HOLDINGS - CLASS A
SYMBOL TECHNOLOGIES INC
SYNOPSIS INC
TENET HEALTHCARE CORP
TEVA PARMACEUTICALS INS LTD ADR
TEXACO INC
TEXAS INSTRUMENTS INC
THOMAS & BETTS CORP
TIDEWATER INC
U. S. BANCORP
UNITED HEALTHCARE CORP
WAL MART STORES INC
WARNACO GROUP INC
WASHINGTON FEDERAL INC
WASHINGTON MUTUAL INC
WELLS FARGO COMPANY
XL CAPITAL LTD CL A
<C>
TITLE OF CLASS
- --------------
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
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
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
CL A
CL A
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
CL A
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
CL A
COM
COM
COM
ADR
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
COM
<C>
CUSIP NO.
- ---------
885535104
000361105
001957109
002451102
013068101
013817101
020039103
026874107
032511107
037411105
038222105
053807103
057224107
060505104
065412108
071813109
075811109
077853109
079860102
055921100
097383103
099724106
102183100
111620100
122014103
125509109
12561E105
12562C108
12612W104
126650100
131193104
154785109
156700106
16161A108
17275R102
172967101
190441105
192108AB4
192576106
197677107
20449H109
204912109
20564D107
208464107
210371100
222372104
225756105
235204104
247025109
247361108
251591103
253651103
264411505
29364G103
30231G102
31304N107
31430F101
337162101
337358105
339030108
345370100
347471104
361448103
362320103
369604103
370442105
373298108
413875105
418056107
448924100
458140100
459200101
460146103
461156101
478035108
489170100
539830109
548661107
549463107
554382101
574670105
577778103
589331107
590188108
594918104
598709103
604059105
617446448
620076109
628530107
637640103
638612101
650111107
654902204
701094104
711147108
713448108
740189105
740706106
761763101
78387G103
78462F103
808655104
819486101
835898107
871508107
871607107
88033G100
881624209
881694103
882508104
884315102
886423102
902973106
910581107
931142103
934390105
938824109
939322103
949746101
G98255105
<C>
VALUE
- --------------
370,830.00
4,215,216.00
16,597,176.12
911,000.00
3,759,976.00
5,241,000.00
13,698,786.13
330,000.00
3,397,133.00
392,645.44
304,000.00
11,605,007.50
276,234.31
2,150,000.00
2,830,394.50
12,156,129.06
12,204,197.00
4,488,000.00
16,308,016.81
371,708.81
3,904,755.00
3,422,122.00
3,791,798.57
1,195,240.50
361,868.38
15,158,180.44
5,391,684.37
2,187,328.00
4,557,847.00
15,527,366.50
4,761,819.00
2,170,603.00
491,277.75
212,000.00
460,713.00
4,709,000.00
511,007.94
11,600.00
4,632,910.00
6,014,000.00
2,927,346.00
12,330,815.63
3,676,211.00
8,457,460.38
3,168,935.00
5,475,311.50
5,663,721.50
6,945,287.25
245,000.00
14,689,817.69
2,360,396.00
3,323,050.00
10,635,381.50
352,388.00
208,000.00
246,000.00
2,640,415.50
3,607,716.00
11,856,632.06
14,660,279.44
4,012,000.00
8,541,677.12
3,346,131.00
18,888,244.94
287,511.00
14,141,210.44
5,537,047.50
16,682,634.00
4,314,491.00
15,967,213.37
285,581.31
15,540,430.88
17,639,327.56
446,558.62
4,807,100.57
4,464,424.50
3,891,426.75
19,490,793.25
263,000.00
2,736,558.00
2,415,795.00
13,645,203.50
235,000.00
21,539,045.25
355,675.00
2,585,935.00
14,666,443.38
5,880,139.00
5,381,000.00
532,337.31
367,759.19
2,389,750.00
479,951.13
5,857,000.00
532,879.31
3,342,640.38
4,334,000.00
2,761,231.00
3,042,159.00
3,974,981.00
17,332,895.75
588,000.00
4,395,237.62
19,589,646.50
4,851,760.00
7,206,135.37
456,570.25
5,675,642.50
492,380.81
7,705,723.50
3,652,000.00
2,541,071.00
4,581,120.00
662,000.00
2,140,187.50
304,000.00
1,661,536.00
3,233,118.00
2,594,000.00
53,026,598.63
478,287.12
703,320,933.39
<C>
SHARES
- --------
7,890
234,995
326,638
26,800
145,670
63,145
165,665
3,050
99,558
10,630
2,400
191,806
13,115
42,832
103,870
234,842
69,700
72,895
348,375
4,650
96,415
84,488
69,822
32,415
10,945
188,150
917,643
163,504
132,122
389,395
269,212
113,515
10,370
2,725
4,300
84,555
14,420
20,000
149,445
205,165
131,202
276,406
184,950
474,805
109,275
216,734
308,209
107,784
4,800
294,900
183,357
141,405
545,401
13,685
2,587
6,000
150,888
126,596
359,981
411,901
75,255
312,032
99,130
267,675
1,855
194,550
109,110
196,135
227,800
630,798
3,465
144,058
312,545
10,355
133,287
132,777
177,894
326,200
3,500
131,492
190,432
423,104
3,492
258,534
3,050
168,180
149,850
41,191
36,545
21,135
8,590
85,555
9,770
30,655
10,385
221,922
122,955
105,180
142,307
51,870
355,547
4,000
78,660
384,574
161,717
113,373
6,840
474,450
6,715
141,874
37,800
79,707
127,265
27,805
40,280
304,000
134,920
163,688
100,270
240,528
9,220
<C>
VOTING AUTHORITY
SOLE
- ----------
7,890
234,995
289,393
26,800
145,670
57,180
145,285
3,050
99,558
10,630
2,400
168,073
13,115
37,877
103,870
203,177
69,700
66,020
307,045
0
96,415
84,488
69,822
28,015
10,945
167,026
842,965
0
132,122
345,455
269,212
113,515
10,370
2,725
4,200
77,075
14,420
20,000
149,445
185,855
131,202
244,795
184,950
419,448
109,275
182,231
273,028
107,784
4,800
261,420
183,357
141,405
486,781
13,685
2,587
6,000
150,888
126,596
316,473
362,956
68,380
272,812
99,130
236,440
1,800
172,010
99,710
227,800
575,003
3,365
126,506
276,010
10,355
133,287
132,577
156,297
288,540
3,500
131,492
190,432
372,323
3,492
228,427
2,950
168,180
131,535
37,351
33,110
21,135
8,590
85,555
9,770
27,270
10,385
221,922
111,230
105,180
142,307
51,870
314,449
4,000
78,660
354,781
161,717
113,373
6,840
416,615
6,715
124,430
34,235
79,707
127,265
27,805
35,630
4,339
134,920
163,688
90,265
210,765
9,220
<C>
NONE
- -------
0
0
37,245
0
0
5,965
20,380
0
0
0
0
23,733
0
4,955
0
31,665
0
6,875
41,330
0
0
0
0
4,400
0
21,124
74,678
0
0
43,940
0
0
0
0
100
7,480
0
0
0
19,310
0
31,611
0
55,357
0
34,503
35,181
0
0
33,480
0
0
58,620
0
0
0
0
0
43,508
48,945
6,875
39,220
0
31,235
55
22,540
9,400
0
0
55,795
100
17,552
36,535
0
0
200
21,597
37,660
0
0
0
50,781
0
30,107
100
0
18,315
3,840
3,435
0
0
0
0
3,385
0
0
11,725
0
0
0
41,098
0
0
29,793
0
0
0
57,835
0
17,444
3,565
0
0
0
4,650
0
0
0
10,005
29,763
0
</TABLE>
