UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 03/31/00
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Pacific Income Advisers, Inc.
Address: 1299 Ocean Avenue, Suite 210
Santa Monica, CA 90401
13F File Number: 28-5248
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 May 10, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
Form 13F File Number Name
28- NONE
28- NONE
I AM SIGNING THIS REPORT AS REQUIRED BY THE THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form13F Information Table Entry Total: 157
Form13F Information Table Value Total: 437827127
List of Other Included Managers:
List of Other Managers Reporting for this Manager:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filled, other
than the manager filing this report.
No. 13F File Number Name
28- NONE
28- NONE
<PAGE>
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FORM 13F INFORMATION TABLE
TITLE
OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------------------------------------------------------------------------------------------------------------
3 COM CORP COMMON 885535104 2833028 50935 SHS EQUITY 45705 5230
AAR CORPORATION COMMON 361105 652000 39085 SHS EQUITY 39085 0
ACTEL CORPORATION COMMON 4934105 214000 6000 SHS EQUITY 6000 0
ADOBE SYSTEMS INC COMMON 00724F101 1562000 14030 SHS EQUITY 14030 0
ADVANCED MICRO DEVI COMMON 7903107 1997000 35000 SHS EQUITY 35000 0
AGILENT TECHNOLOGIE COMMON 00846U101 1342000 12900 SHS EQUITY 12900 0
ALBERTO-CULVER CO - COMMON 13068101 545000 22890 SHS EQUITY 22890 0
ALBERTSON'S INC COMMON 13104104 1402000 45400 SHS EQUITY 45400 0
ALCOA INC COM COMMON 13817101 9664658 149395 SHS EQUITY 133285 16110
ALLTEL CORPORATION COMMON 20039103 4725962 82409 SHS EQUITY 70979 11430
AMERICAN EAGLE OUTF COMMON 2.55E+109 948000 25000 SHS EQUITY 25000 0
AMERICAN EXPRESS CO COMMON 25816109 774000 5200 SHS EQUITY 5200 0
AMERICAN INTL GROUP COMMON 26874107 2067000 18875 SHS EQUITY 18875 0
AMERICAN POWER CONV COMMON 29066107 1951000 45500 SHS EQUITY 45500 0
AMR CORPORATION COMMON 1765106 862000 27050 SHS EQUITY 27050 0
ANADARKO PETROLEUM COMMON 32511107 632000 16325 SHS EQUITY 16325 0
ANHEUSER-BUSCH COS COMMON 35229103 1036000 16650 SHS EQUITY 16650 0
ANTEC CORP COMMON 03664P105 1483169 33105 SHS EQUITY 33105
ANWORTH MORTGAGE AS COMMON 37347101 222000 50000 SHS EQUITY 50000 0
APACHE CORP COMMON 37411105 387304 7785 SHS EQUITY 7785
APPLIED MICRO CIRCU COMMON 03822W109 1216000 8100 SHS EQUITY 8100 0
AT & T CORP. COMMON 1957109 3389753 227796 SHS EQUITY 203364 24432
AT&T CORP - LIBERTY COMMON 1957208 3639 61345 SHS EQUITY 54325 7020
AUTODESK INC COMMON 52769106 1033000 22700 SHS EQUITY 22700 0
AVON PRODUCTS INC COMMON 54303102 1287000 42200 SHS EQUITY 42200 0
AXA FINANCIAL INC COMMON 2451102 524000 14600 SHS EQUITY 14600 0
B B & T CORP COMMON 54937107 351483 12525 SHS EQUITY 12525 0
BANK OF AMERICA COR COMMON 60505104 2236000 42632 SHS EQUITY 37677 4955
BANK UNITED CORP - COMMON 65412108 466000 14750 SHS EQUITY 14750 0
BAXTER INTERNATIONA COMMON 71813109 5382301 95842 SHS EQUITY 82127 13715
BECKMAN COULTER INC COMMON 75811109 707000 11010 SHS EQUITY 11010 0
BELL ATLANTIC CORPO COMMON 77853109 2186000 35765 SHS EQUITY 32480 3285
BELLSOUTH CORP COMMON 79860102 8471234 193841 SHS EQUITY 171841 22000
BERGEN BRUNSWIG COR COMMON 83739102 118000 17550 SHS EQUITY 17550 0
BOISE CASCADE CORPO COMMON 97383103 548000 15770 SHS EQUITY 15770 0
BORG WARNER AUTOMOT COMMON 99724106 474000 12045 SHS EQUITY 12045 0
BOWATER INC COMMON 102183100 853831 16005 SHS EQUITY 16005 0
BRISTOL-MYERS SQUIB COMMON 110122108 1920000 33100 SHS EQUITY 33100 0
BROADCOM CORPORATIO COMMON 111320107 1894000 7800 SHS EQUITY 7800 0
BURLINGTON RESOURCE COMMON 122014103 4843815 130920 SHS EQUITY 119905 11015
CABLEVISION SYS CORP CL A COMMON 12686C109 5239103 88990 SHS EQUITY 77200 11790
CALLAWAY GOLF COMPA COMMON 131193104 1113000 71820 SHS EQUITY 71820 0
CAMBREX CORPORATION COMMON 132011107 693000 15920 SHS EQUITY 15920 0
CATERPILLAR INC COMMON 149123101 828000 21000 SHS EQUITY 21000 0
CBS CORPORATION COMMON 12490K107 7025878 130135 SHS EQUITY 115170 14965
CENTURYTEL INC COMMON 156700106 308138 8300 SHS EQUITY 8300 0
CHASE MANHATTAN COR COMMON 16161A108 2737000 31395 SHS EQUITY 31395 0
CHEVRON CORP COMMON 166751107 3108165 38715 SHS EQUITY 34920 3795
CIENA CORPORATION COMMON 171779101 1110000 8800 SHS EQUITY 8800 0
CIGNA CORP COMMON 125509109 8792034 122322 SHS EQUITY 108189 14133
CITIGROUP INC COMMON 172967101 8729542 153470 SHS EQUITY 138480 14990
CKE RESTAURANTS INC COMMON 1.26E+109 1102872 173033 SHS EQUITY 167561 5472
CNF TRANSPORTATION COMMON 12612W104 591000 21305 SHS EQUITY 21305 0
COMPUTER ASSOCIATES COMMON 204912109 9420125 174754 SHS EQUITY 154165 20589
COMSAT CORPORATION COMMON 20564D107 640000 31045 SHS EQUITY 31045 0
CONSECO INC COMMON 208464107 592602 51840 SHS EQUITY 50680 1160
CONVERGYS CORPORATI COMMON 212485106 824000 21305 SHS EQUITY 21305 0
COUNTRYWIDE CREDIT COMMON 222372104 2598201 111638 SHS EQUITY 93503 18135
CRESCENT REAL EST COMMON 225756105 2195412 144828 SHS EQUITY 125995 18833
CVS CORPORATION COMMON 126650100 9767329 264995 SHS EQUITY 236965 28030
DALLAS SEMICONDUCTOR COMMON 235204104 1512523 41430 SHS EQUITY 41430 0
DELPHI AUTOMOTIVE S COMMON 247126105 1054000 65890 SHS EQUITY 65890 0
DELTA AIRLINES INC COMMON 247361108 9837177 197635 SHS EQUITY 174765 22870
DEVELOPERS DIVERSIF COMMON 251591103 444000 32005 SHS EQUITY 32005 0
DIEBOLD INC COMMON 253651103 647000 23520 SHS EQUITY 23520 0
DISNEY, WALT COMPAN COMMON 254687106 1650000 40000 SHS EQUITY 40000 0
DUKE-WEEKS REALTY CORP COMMON 264411505 4937625 273134 SHS EQUITY 232849 40285
ELAN CORP PLC - SPO FOREIGN 284131208 238000 5000 SHS EQUITY 5000 0
ENTERGY CORP NEW COM COMMON 29364G103 213988 10600 SHS EQUITY 10600 0
ERICSSON (LM) TEL - FOREIGN 294821400 2655000 28300 SHS EQUITY 28300 0
EXXON MOBIL CORP COMMON 30231G102 3001391 38563 SHS EQUITY 38563 0
FAIRCHILD SEMI COMMON 303726103 853000 23360 SHS EQUITY 23360 0
FEDERAL HOME LOAN M COMMON 313400301 917000 20750 SHS EQUITY 20750 0
FEDERATED DEPT STOR COMMON 31410H101 2141000 50685 SHS EQUITY 46200 4485
FEDEX CORP COMMON 31428X106 233000 6000 SHS EQUITY 6000 0
FELCOR LODGING TRUS COMMON 31430F101 397000 22185 SHS EQUITY 22185 0
FIRST TENNESSEE NAT COMMON 337162101 410000 20160 SHS EQUITY 20160 0
FIRST UNION CORP COMMON 337358105 8985733 271232 SHS EQUITY 243544 27688
FLEETBOSTON FINANCIAL CORP COMMON 339030108 9287079 275263 SHS EQUITY 242969 32294
FORD MOTOR COMPANY COMMON 345370100 4891000 106460 SHS EQUITY 97060 9400
FORT JAMES CORPORATION COMMON 347471104 3173278 156265 SHS EQUITY 135560 20705
GATX CORPORATION COMMON 361448103 636000 16740 SHS EQUITY 16740 0
GENERAL MOTORS CORP COMMON 370442105 4373000 52810 SHS EQUITY 50080 2730
GEORGIA-PACIFIC COMMON 373298108 4410069 111480 SHS EQUITY 102080 9400
GTE CORPORATION COMMON 362320103 9134600 139850 SHS EQUITY 123050 16800
HALLIBURTON CO HLDG CO COMMON 406216101 2130472 11135 SHS EQUITY 48215 11135
HARRIS CORPORATION COMMON 413875105 1590742 46030 SHS EQUITY 46030 0
HARTE-HANKS INC COMMON 416196103 597000 26335 SHS EQUITY 26335 0
HASBRO INC COMMON 418056107 617000 36965 SHS EQUITY 36965 0
HOME DEPOT INC COMMON 437076102 1774000 27500 SHS EQUITY 27500 0
ICN PHARMACEUTICALS INC NEW COMMON 448924100 6430260 328128 SHS EQUITY 295953 32175
INGERSOLL-RAND COMPANY COMMON 456866102 396922 8970 SHS EQUITY 8970 0
INTEL CORPORATION COMMON 458140100 2045000 15500 SHS EQUITY 15500 0
INTERNATIONAL PAPER CO COMMON 460146103 7870476 210450 SHS EQUITY 184515 25935
INTERSIL HLDG CORP CL A COMMON 46069S109 371633 7190 SHS EQUITY 7190 0
INTIMATE BRANDS INC CL A COMMON 461156101 471185 11440 SHS EQUITY 11440 0
INTL BUSINESS MACHINES CORP COMMON 459200101 7924510 77250 SHS EQUITY 67123 10127
JOHN NUVEEN CO COMMON 478035108 375042 9805 SHS EQUITY 9805 0
JOHNSON & JOHNSON COMMON 478160104 1075000 15300 SHS EQUITY 15300 0
KENNAMETAL INC COMMON 489170100 619000 20580 SHS EQUITY 20580 0
LEGATO SYSTEMS INC COMMON 524651106 210000 4700 SHS EQUITY 4700 0
LEHMAN BROTHERS HOL COMMON 524908100 1935000 19950 SHS EQUITY 19950 0
LOWES COMPANIES INC COMMON 548661107 10964243 211700 SHS EQUITY 186915 24785
LTV CORPORATION COMMON 501921100 470000 131870 SHS EQUITY 131870 0
MACERICH COMPANY COMMON 554382101 491000 23815 SHS EQUITY 23815 0
MARSHALL & ILSLEY CORP COMMON 571834100 388658 6730 SHS EQUITY 6730 0
MAY DEPT STORES CO COMMON 577778103 4024551 164827 SHS EQUITY 141460 23367
MCDONALD'S CORPORAT COMMON 580135101 1095000 29300 SHS EQUITY 29300 0
MEDICIS PHARMACEUTI COMMON 584690309 800000 20000 SHS EQUITY 20000 0
MERRILL LYNCH & CO. INC. COMMON 590188108 15394149 156905 SHS EQUITY 140675 16230
METRO-GOLDWYN-MAYER COMMON 591610100 405855 15955 SHS EQUITY 15955 0
MICROSOFT CORP COMMON 594918104 1406000 13230 SHS EQUITY 13230 0
MILACRON INC COMMON 598709103 396000 27415 SHS EQUITY 27415 0
MILLIPORE CORP COMMON 601073109 1191000 21100 SHS EQUITY 21100 0
MINNESOTA MNG & MFG CO COMMON 604059105 9301274 112555 SHS EQUITY 100215 12340
MORGAN STANLEY DEAN COMMON 617446448 8157000 98420 SHS EQUITY 91245 7175
MORGAN, J P & COMPA COMMON 616880100 1785000 13550 SHS EQUITY 13550 0
MOTOROLA INC COMMON 620076109 10527795 80645 SHS EQUITY 71775 8870
NATIONAL COMPUTER S COMMON 635519101 944000 18610 SHS EQUITY 18610 0
NATIONWIDE FINAN SE COMMON 638612101 409000 13990 SHS EQUITY 13990 0
NATL SEMICONDUCTOR COMMON 637640103 5325090 87650 SHS EQUITY 81380 6270
NEW YORK TIMES CO CLASS A COMMON 650111107 1383596 32230 SHS EQUITY 32230 0
NOKIA CORP -SPONSOR COMMON 654902204 7713000 34745 SHS EQUITY 31900 2845
NORTEL NETWORKS COMMON 656569100 2901000 23000 SHS EQUITY 23000 0
PARKER HANNIFIN CORP COMMON 701094104 328435 7950 SHS EQUITY 7950 0
PE CORP-PE BIOSYSTE COMMON 69332S102 2548000 26400 SHS EQUITY 26400 0
PEPSICO INC COMMON 713448108 1325000 38000 SHS EQUITY 38000 0
PERKINELMER INC COMMON 714046109 665000 10000 SHS EQUITY 10000 0
PHILIPS ELECTRONICS COMMON 500472204 1199000 7000 SHS EQUITY 7000 0
PRENTISS PROPERTIES COMMON 740706106 569000 25485 SHS EQUITY 25485 0
PROTECTIVE LIFE COR COMMON 743674103 1048000 32995 SHS EQUITY 32995 0
QUALCOMM INC COMMON 747525103 1657000 11100 SHS EQUITY 11100 0
REYNOLDS METALS CO COMMON 761763101 983678 14710 SHS EQUITY 14710 0
SABRE HOLDINGS CORP COMMON 785905100 713000 19546 SHS EQUITY 19546 0
SANMINA CORP COMMON 800907107 422941 6260 SHS EQUITY 6260 0
SBC COMMUNICATIONS COMMON 78387G103 1423000 33775 SHS EQUITY 33775 0
SCHERING PLOUGH COR COMMON 806605101 1036000 27900 SHS EQUITY 27900 0
SCIENTIFIC-ATLANTA COMMON 808655104 1665713 26340 SHS EQUITY 26340 0
SHARED MEDICAL SYSTEMS CORP COMMON 819486101 44583036 174013 SHS EQUITY 157048 16965
SPRINT CORPORATION COMMON 852061100 1012000 16000 SHS EQUITY 16000 0
STOLT-NIELSEN SA - FOREIGN 861565109 810000 43795 SHS EQUITY 43795 0
SYMBOL TECHNOLOGIES INC COMMON 871508107 1462113 20385 SHS EQUITY 20385 0
TENET HEALTHCARE CORP COMMON 88033G100 5139922 237910 SHS EQUITY 205295 32615
TEXAS INSTRUMENTS INC COMMON 882508104 12840352 83977 SHS EQUITY 75607 8370
THORNBURG MORTGAGE COMMON 885218206 1837000 94800 SHS EQUITY 94800 0
TIDEWATER INC COMMON 886423102 688000 21615 SHS EQUITY 21615 0
U.S. BANCORP COMMON 902973106 383000 17500 SHS EQUITY 17500 0
U.S. PLASTIC LUMBER COMMON 902948108 141000 15200 SHS EQUITY 15200 0
USA NETWORKS INC COMMON 902984103 4500624 153010 SHS EQUITY 135630 17380
VERITAS SOFTWARE CO COMMON 923436109 603000 4600 SHS EQUITY 4600 0
VIACOM INC - CLASS COMMON 925524308 1213000 23000 SHS EQUITY 23000 0
WAL MART STORES INC COMMON 931142103 1825000 32300 SHS EQUITY 32300 0
WARNACO GROUP INC COMMON 934390105 273 23080 SHS EQUITY 23080 0
WELLS FARGO NEW COMMON 949746101 2930537 121203 SHS EQUITY 104535 16668
WEYERHAEUSER COMPAN COMMON 962166104 3301000 57920 SHS EQUITY 54335 3585
XL CAPITAL LTD CL A FOREIGN G98255105 412876 7456 SHS EQUITY 7456 0
ZALE CORPORATION COMMON 988858106 1133 24000 SHS EQUITY 24000 0
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