UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calender Year or Quarter End: June 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, July 31, 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: 84
FORM 13F INFORMATION TABLE VALUE TOTAL:$79,311,999
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>
3 COMCORP COM 885535104 1273513 22100 SH SHARED 01 22100
ACCESS ANYTIME BANCORP COM 00431F105 471074 73894 SH SHARED 01 73894
ALL AMERN TERM TR INC COM 016440109 547484 47350 SH SHARED 01 47350
AMERICAN INSD MTG INVS DEP UNIT PRTNR 026862102 2508553 1146767 SH SHARED 01 1146767
AMERICAN INSD MTG-INVS LP85 DEPOSITARY UNIT 02686E106 2970435 374228 SH SHARED 01 374228
AMERICAN INSD MTG-INVS LP86 DEPOSITARY UNIT 02686F103 2696239 743790 SH SHARED 01 743790
AMERICAN INSD MTG-INVS LP88 DEPOSITORY UNIT 02686G101 1801047 297080 SH SHARED 01 297080
ANGLO AMER PLC ADR 03485P102 1153892 24421 SH SHARED 01 24421
ASIA TIGERS FD INC COM 04516T105 844650 93850 SH SHARED 01 93850
BANC STOCK GROUP INC CL A 05943C102 26028 17720 SH SHARED 1 17720
BANKATLANTIC BANCORP SBDB CV 6.75%06 065908AB1 1181528 1797 SH SHARED 01 1797
BERGEN BRUNSWIG CORP CL A 083739102 122761 22320 SH SHARED 01 22320
BERKSHIRE HATHAWAY INC CL B 084670207 2508000 1425 SH SHARED 01 1425
BLACKROCK INSD MUN 2008 TRM TR COM 09247K109 658225 46600 SH SHARED 01 46600
BLACKROCK MUN TARGET TERM TR COM 09247M105 103275 10200 SH SHARED 01 10200
BLACKROCK STRATEGIC TERM TR COM 09247P108 268781 30500 SH SHARED 01 30500
BLACKROCK TARGET TERM TR INC COM 092476100 134750 14000 SH SHARED 01 14000
BORDERS GROUP INC COM 099709107 1018566 65450 SH SHARED 01 65450
BOULDER TOTAL RETURN FD INC COM 101541100 5224059 483150 SH SHARED 01 483150
CABLETRON SYS INC COM 126920107 448894 17778 SH SHARED 01 17778
CASTLE CONV FD INC COM 148443104 3500227 160930 SH SHARED 01 160930
CENTRAL FD CDA LTD CL A 153501101 49875 14000 SH SHARED 01 14000
COMPAQ COMPUTER CORP COM 204493100 1678689 65670 SH SHARED 01 65670
COMPUTER HORIZONS CORP COM 205908106 339297 25250 SH SHARED 01 25250
COMPUWARE CORP COM 205638109 425376 41000 SH SHARED 01 41000
DAIMLER-CHRYSLER AG ORD d1668r123 719243 13815 SH SHARED 01 13815
DURA PHARMACEUTICALS INC SUB NTCV 3.5%02 26632SAA7 475735 563 SH SHARED 01 563
EPICOR SOFTWARE CORP COM 29426L108 205157 82063 SH SHARED 01 82063
FRANKLIN COVEY CO COM 353469109 483544 69700 SH SHARED 01 69700
GABELLI CONVERTIBLE SEC. FUND CONV SECS FD 36240b109 259350 26600 SH SHARED 01 26600
BLOCK H & R INC COM 093671105 891122 27525 SH SHARED 01 27525
HANSEN NAT CORP COM 411310105 1053739 255452 SH SHARED 01 255452
HASBRO, INC. COM 418056107 234598 15575 SH SHARED 01 15575
HAWAIIAN ELEC INDUSTRIES COM 419870100 1213734 36990 SH SHARED 01 36990
HRPT PPTYS TR COM SH BEN INT 40426W101 1011115 165080 SH SHARED 01 165080
HYPERION 2002 TERM TR INC COM 448915108 1028362 124650 SH SHARED 01 124650
IDACORP INC COM 451107106 1001846 31065 SH SHARED 01 31065
INDEPENDENT BANK CORP. COM 453838104 474009 34950 SH SHARED 01 34950
INFORMIX CORP COM 456779107 745758 100270 SH SHARED 01 100270
INSURED MUN INCOME FD COM 45809F104 421032 35086 SH SHARED 01 35086
INTEGRATED DEVICE TECHNOLOGY COM 458118106 217107 3626 SH SHARED 01 3626
INTEGRITY INCORPORATED CL A 45813H104 920062 245350 SH SHARED 01 245350
JOHN HANCOCK BK &THRIFT OPP FD SH BEN INT 409735107 158494 23700 SH SHARED 01 23700
LIBERTY FINL COS INC COM 530512102 360323 16425 SH SHARED 01 16425
LINCOLN NATL CONV SECS FD INC COM 534183108 5195125 278000 SH SHARED 01 278000
MATTEL INC COM 577081102 1167872 88559 SH SHARED 01 88559
MICRON ELECTRONICS INC COM 595100108 700612 56049 SH SHARED 01 56049
MORGAN STAN D WITTER ASIA PAC COM 61744U106 2700706 265100 SH SHARED 01 265100
MORGAN STANLEY DEAN WITTER QULTY MUN SECS 61745P585 248562 20500 SH SHARED 01 20500
MUNIHOLDINGS MICH INSD FD INC COM 62625C108 248062 18900 SH SHARED 01 18900
MUNIINSURED FD INC COM 626245104 252000 31500 SH SHARED 01 31500
MUNIVEST MICH INSD FD INC COM 62629J109 138337 11900 SH SHARED 01 11900
MUNIYIELD MICH INSD FD INC COM 62630J106 306221 25787 SH SHARED 01 25787
NATIONS BALANCED TARGET MAT FD COM 63857K107 2650897 316525 SH SHARED 01 316525
NATIONS GOVT INCOME TERM 2003 COM 638583104 173750 20000 SH SHARED 01 20000
NATROL INC COM 638789107 752537 231550 SH SHARED 01 231550
NBTY INC COM 628782104 781097 122525 SH SHARED 01 122525
NATURE'S SUNSHINE PRODS. COM 639027101 120925 17275 SH SHARED 01 17275
NETBANK INC COM 640933107 1031380 82925 SH SHARED 01 82925
NEW CENTURY ENERGIES INC COM 64352U103 523500 17450 SH SHARED 01 17450
NEW HORIZONS WORLDWIDE INC COM 645526104 2645910 113879 SH SHARED 01 113879
NUVEEN SELECT MAT MUN FD SH BEN INT 67061T101 236600 22400 SH SHARED 01 22400
PETROLEUM & RES CORP COM 716549100 1811848 49302 SH SHARED 01 49302
PHYCOR INC SUB DBCV 4.5%03 71940FAB6 107940 514 SH SHARED 01 514
PHYCOR INC COM 71940F100 11562 18500 SH SHARED 01 18500
PUTNAM PREMIER INCOME TR SH BEN INT 746853100 75750 12000 SH SHARED 01 12000
SAGA SYS INC COM 786610105 393833 31665 SH SHARED 01 31665
SELIGMAN SELECT MUN FD INC COM 816344105 142500 15200 SH SHARED 01 15200
SEMPRA ENERGY COM 816851109 334900 19700 SH SHARED 01 19700
SINGAPORE FD INC COM 82929L109 308000 44800 SH SHARED 01 44800
SMITH BARNEY INTER QUALITY MUN COM 831802103 468600 52800 SH SHARED 01 52800
SMITH BARNEY MUN FD INC COM 831902101 160650 12600 SH SHARED 01 12600
SCOTTISH PWR PLC SPON ADR FINAL 81013T705 733886 21948 SH SHARED 01 21948
ST JOSEPH LT & PWR CO COM 790654107 795900 37900 SH SHARED 01 37900
2002 TARGET TERM TR COM 902106103 251281 18700 SH SHARED 01 18700
TEAM FINANCIAL INC COM 87815X109 744047 91575 SH SHARED 01 91575
TEMPLETON GLOBAL GVT INC FD SH BEN INT 879929107 1552809 267150 SH SHARED 01 267150
TEMPLETON GLOBAL INCOME FD COM 880198106 3360431 543100 SH SHARED 01 543100
TRAVELERS CORPORATE LN FD INC COM 894185107 370866 26850 SH SHARED 01 26850
TRICON GLOBAL RESTAURANTS COM 895953107 290466 10282 SH SHARED 01 10282
USEC INC COM 90333E108 303516 65625 SH SHARED 01 65625
VAN KAMPEN SENIOR INCOME TR COM 920961109 1619156 191900 SH SHARED 01 191900
WILD OATS MARKETS INC. COM 96808B107 1041431 82900 SH SHARED 01 82900
WPS RESOURCES CORP COM 92931B106 728986 24249 SH SHARED 01 24249
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