UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calender Year or Quarter End: September 30, 2000
Check here if Amendment { }; Amendment Number:
This Amendment (Check only one): { } is a restatement
{ } adds new holding entries
Institutional Investment Manager Filing this Report
Name: Financial & Investment Management Group, Ltd.
Address: P.O. Box 40
417 St. Joseph Street
Suttons Bay, MI 49682
13F File Number: 28-6648
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: Paul H. Sutherland
Title: President
Phone: 231-271-3915
Signature, Place, and Date of Signing:
Paul Howard Sutherland, Suttons Bay, MI, November 7, 2000
Report Type ( Check only one):
[x] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager: None
I AM SIGNING THIS REPORT AS REQUIRED BY
THE SECURITIES EXCHANGE ACT OF 1934
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FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 81
FORM 13F INFORMATION TABLE VALUE TOTAL:$84,002,621
LIST OF OTHER MANAGERS REPORTING FOR THIS REPORT: NONE
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FORM 13F INFORMATION TABLE
TITLE OF VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP VALUE SH/P AMOUNT S/P P/C INV DIS MANAGER SOLE SHARED
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3COM CORP COM 885535104 692822 36108SH SHARED 01 36108
ACCESS ANYTIME BANCORP COM 00431F105 481039 78537SH SHARED 01 78537
ALL AMERN TERM TR INC COM 016440109 299631 25100SH SHARED 01 25100
AMERICAN INSD MTG INVS DEP UNIT PRTNR 026862102 4074935 1715762SH SHARED 01 1715762
AMERICAN INSD MTG-INVS LP85 DEPOSITARY UNIT 02686E106 3995241 491722SH SHARED 01 491722
AMERICAN INSD MTG-INVS LP86 DEPOSITARY UNIT 02686F103 3772056 928506SH SHARED 01 928506
AMERICAN INSD MTG-INVS LP88 DEPOSITORY UNIT 02686G101 2416782 379103SH SHARED 01 379103
ANGLO AMER PLC ADR 03485P102 1282250 24548SH SHARED 01 24548
ASIA TIGERS FD INC COM 04516T105 724370 94227SH SHARED 01 94227
BANC STOCK GROUP INC CL A 05943C102 29132 14566SH SHARED 01 14566
BANKATLANTIC BANCORP SBDB CV 6.75%06 065908AB1 1264488 1772000SH SHARED 01 1772000
BERKSHIRE HATHAWAY INC CL B 084670207 3078090 1487SH SHARED 01 1487
BLACKROCK INSD MUN 2008 TRM TR COM 09247K109 685894 47100SH SHARED 01 47100
BLACKROCK MUN TARGET TERM TR COM 09247M105 343637 37150SH SHARED 01 37150
BLACKROCK STRATEGIC TERM TR COM 09247P108 175812 19400SH SHARED 01 19400
BLACKROCK TARGET TERM TR INC COM 092476100 127387 12900SH SHARED 01 12900
BORDERS GROUP INC COM 099709107 1037494 74439SH SHARED 01 74439
BOULDER TOTAL RETURN FD INC COM 101541100 5504854 492054SH SHARED 01 492054
CABLETRON SYS INC COM 126920107 497377 16932SH SHARED 01 16932
CASTLE CONV FD INC COM 148443104 3800547 164348SH SHARED 01 164348
CENTRAL FD CDA LTD CL A 153501101 43998 13538SH SHARED 01 13538
COMPAQ COMPUTER CORP COM 204493100 1591449 57703SH SHARED 01 57703
COMPUTER HORIZONS CORP COM 205908106 165700 24323SH SHARED 01 24323
COMPUWARE CORP COM 205638109 342814 40933SH SHARED 01 40933
DAIMLER-CHRYSLER AG ORD d1668r123 618797 13940SH SHARED 01 13940
DURA PHARMACEUTICALS INC SUB NTCV 3.5%02 26632SAA7 541566 557000SH SHARED 01 557000
EPICOR SOFTWARE CORP COM 29426L108 279989 79997SH SHARED 01 79997
FRANKLIN COVEY CO COM 353469109 496526 67901SH SHARED 01 67901
GABELLI CONVERTIBLE SEC. FUND CONV SECS FD 36240b109 174662 17800SH SHARED 01 17800
BLOCK H & R INC COM 093671105 1035897 27950SH SHARED 01 27950
HANSEN NAT CORP COM 411310105 1396258 256783SH SHARED 01 256783
HASBRO, INC. COM 418056107 768932 67229SH SHARED 01 67229
HAWAIIAN ELEC INDUSTRIES COM 419870100 1290026 36990SH SHARED 01 36990
HRPT PPTYS TR COM SH BEN INT 40426W101 1184666 169238SH SHARED 01 169238
HYPERION 2002 TERM TR INC COM 448915108 900786 104439SH SHARED 01 104439
IDACORP INC COM 451107106 1391200 30080SH SHARED 01 30080
INFORMIX CORP COM 456779107 510757 123820SH SHARED 01 123820
INSURED MUN INCOME FD COM 45809F104 438575 35086SH SHARED 01 35086
INTEGRITY INCORPORATED CL A 45813H104 844449 245658SH SHARED 01 245658
JOHN HANCOCK BK &THRIFT OPP FD SH BEN INT 409735107 221258 27875SH SHARED 01 27875
LINCOLN NATL CONV SECS FD INC COM 534183108 5014335 272889SH SHARED 01 272889
MATTEL INC COM 577081102 983258 87889SH SHARED 01 87889
MICRON ELECTRONICS INC COM 595100108 507123 56347SH SHARED 01 56347
MORGAN STAN D WITTER ASIA PAC COM 61744U106 2455203 260154SH SHARED 01 260154
MORGAN STANLEY DEAN WITTER QULTY MUN SECS 61745P585 261375 20500SH SHARED 01 20500
MUNIHOLDINGS MICH INSD FD INC COM 62626d105 275119 20100SH SHARED 01 20100
MUNIINSURED FD INC COM 626245104 257906 31500SH SHARED 01 31500
MUNIYIELD MICH INSD FD INC COM 626300107 174562 14700SH SHARED 01 14700
NATIONS BALANCED TARGET MAT FD COM 63857K107 2673768 314561SH SHARED 01 314561
NATIONS GOVT INCOME TERM 2003 COM 638583104 175500 19500SH SHARED 01 19500
NATROL INC COM 638789107 568079 233058SH SHARED 01 233058
NBTY INC COM 628782104 1289115 197375SH SHARED 01 197375
NATURE'S SUNSHINE PRODS. COM 639027101 94441 12698SH SHARED 01 12698
NETBANK INC COM 640933107 1004653 85050SH SHARED 01 85050
NEW HORIZONS WORLDWIDE INC COM 645526104 1538916 128243SH SHARED 01 128243
NUVEEN SELECT MAT MUN FD SH BEN INT 67061T101 212437 20600SH SHARED 01 20600
PETROLEUM & RES CORP COM 716549100 2055342 48864SH SHARED 01 48864
PHYCOR INC COM 71940F100 1700 17000SH SHARED 01 17000
SAGA SYS INC COM 786610105 329784 31408SH SHARED 01 31408
SELIGMAN SELECT MUN FD INC COM 816344105 149000 14900SH SHARED 01 14900
SEMPRA ENERGY COM 816851109 426989 20516SH SHARED 01 20516
SINGAPORE FD INC COM 82929L109 263616 40950SH SHARED 01 40950
SMITH BARNEY INTER QUALITY MUN COM 831802103 455000 52000SH SHARED 01 52000
SMITH BARNEY MUN FD INC COM 831902101 160650 12600SH SHARED 01 12600
SCOTTISH PWR PLC SPON ADR FINAL 81013T705 687890 22882SH SHARED 01 22882
ST JOSEPH LT & PWR CO COM 790654107 744169 38533SH SHARED 01 38533
2002 TARGET TERM TR COM 902106103 238700 17600SH SHARED 01 17600
TEAM FINANCIAL INC COM 87815X109 662309 91353SH SHARED 01 91353
TEMPLETON GLOBAL GVT INC FD SH BEN INT 879929107 805634 141650SH SHARED 01 141650
TEMPLETON GLOBAL INCOME FD COM 880198106 3125013 515466SH SHARED 01 515466
TRAVELERS CORPORATE LN FD INC COM 894185107 245281 16700SH SHARED 01 16700
TRICON GLOBAL RESTAURANTS COM 895953107 313355 10232SH SHARED 01 10232
VAN KAMPEN SENIOR INCOME TR COM 920961109 1238230 141512SH SHARED 01 141512
WILD OATS MARKETS INC. COM 96808B107 968787 82450SH SHARED 01 82450
WPS RESOURCES CORP COM 92931B106 756558 23101SH SHARED 01 23101
MUNIYIELD MICH INSD FD INC COM 62630J106 380567 31387SH SHARED 01 31387
PALM INC COM 696642107 1004807 18981SH SHARED 01 18981
QLOGIC CORP COM 747277101 274912 3124SH SHARED 01 3124
TRIZEC HAHN CORP COM 896938107 1236980 73575SH SHARED 01 73575
WORLDCOM INC GA NEW COM 98157D106 506503 16675SH SHARED 01 16675
XCEL ENERGY INC COM 98389B100 962912 35015SH SHARED 01 35015
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