<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 3,180,189 (in thousands)
Form 13F Information Table Value Total: 254
List of Other Included Managers:
No. 13F File Number Name
1 28-386 Continental Assurance Company
2 28-387 Continental Casualty Company
3 28-346 CNA Financial Corporation
4 28-172 The Continental Insurance Company
<PAGE>
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 1999
Check here if Amentment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: CNA Financial Corporation
Address: CNA Plaza
Chicago, Il 60685
13F File Number: 28-346
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: Lynne Gugenheim
Title: Vice President and Associate General Counsel
Phone: (312) 822 4921
Signature, Place, and Date of Signing:
Chicago, Illinois, February 14, 2000 Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934
<PAGE>
FORM 13F 12/31/99 NAME OF REPORTING MANAGER: CNA Financial Corporation
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x1000) PRN AMT PRN CALL DSCRETION MANAGERS SOLE SHARED NONE
- -----------------------------------------------------------------------------------------------------------------------------------
ACME COMMUNICATIONS INC COM 004631107 22,430 674,595 SH DEFINED 2,3 674,595 - -
ACNIELSEN CORP COM 004833109 369 15,000 SH DEFINED 3 15,000 - -
ACX TECHNOLOGIES COM 005123104 0 2 SH DEFINED 3,4 2 - -
ADVANTICA RESTAURANT GROUP COM 00758B109 6,785 3,877,287 SH DEFINED 2,3 3,877,287 - -
AES CORP JR SBDB CV4.5%05 00130HAN5 7,828 5,330,000 PRN DEFINED 1,3
AFFIL COMPUTER SB NT CV 4% 05 008190AD2 5,673 4,720,000 PRN DEFINED 1,3
AGNICO-EAGLE MINES LTD COM 008474108 2,715 365,000 SH DEFINED 2,3 365,000 - -
AGRIUM INC COM 008916108 42 5,400 SH DEFINED 3,4 5,400 - -
ALEXANDRIA REAL EST EQUITIESCOM 015271109 127 4,000 SH DEFINED 2,3 4,000 - -
ALLIANCE FOREST PRODUCTS COM 01859J108 18 1,500 SH DEFINED 3,4 1,500 - -
ALLIN COMMUNICATIONS CORP COM 019924109 1,700 340,000 SH DEFINED 2,3 340,000 - -
ALLTEL CORP COM 020039103 8,298 100,352 SH DEFINED 2,3,4 100,352 - -
ALPHARMA INC SB NT CV 5.75% 020813AB7 6,290 5,280,000 PRN DEFINED 1,3
ALTIVA FINANCIAL CORP COM NEW 021497300 30 32,000 SH DEFINED 2,3 32,000 - -
ALZA CORP COM 022615108 1,073 31,000 SH DEFINED 2,3 31,000 - -
AMERICA ONLINE INC COM 02364J104 3,018 40,000 SH DEFINED 1,3 40,000 - -
AMERICA WEST HOLDINGS CL B 023657208 442 21,278 SH DEFINED 1,3 21,278 - -
AMERICAN BUSINESS FINL SVCS COM 02476B106 294 25,042 SH DEFINED 2,3 25,042 - -
AMERICAN CAPITAL STRATEGIES COM 024937104 3,697 162,500 SH DEFINED 2,3 162,500 - -
AMERICAN EXPRESS COM 025816109 4,156 25,000 SH DEFINED 1,3 25,000 - -
AMERICAN INTL GROUP INC COM 026874107 1,622 15,002 SH DEFINED 2,3,4 15,002 - -
AMERICAN TOWER NT CV 144A 09 029912AA0 7,833 5,600,000 PRN DEFINED 1,3
AMGEN INC COM 031162100 4,445 74,000 SH DEFINED 1,3,4 74,000 - -
AMR CORP COM 001765106 2,345 35,000 SH DEFINED 2,3 35,000 - -
ANHEUSER BUSCH CO COM 035229103 3,551 50,100 SH DEFINED 1,2,3 50,100 - -
ANTEC CORP SB NT CV $.5% 03 03664PAA3 3,893 2,250,000 PRN DEFINED 2,3
APPLIED MATERIALS INC. COM 038222105 8,754 69,100 SH DEFINED 1,3,4 69,100 - -
ARCHER DANIELS COM 039483102 4,790 395,078 SH DEFINED 3 395,078 - -
ARGUSS HOLDINGS INC COM 040282105 4,744 364,912 SH DEFINED 2,3 364,912 - -
ASHANTI GOLDFIELDS-SPONS GDRGLOB DEP RCPT 043743202 1,260 480,000 SH DEFINED 2,3 480,000 - -
AT & T CORPORATION COM 001957109 12,891 254,000 SH DEFINED 1,2,3 254,000 - -
AUTOTOTE CORP-CLASS A CL A 053323101 1,626 500,403 SH DEFINED 2,3 500,403 - -
AVIRON SB NT CV 5.75%05 053762AC4 212 250,000 PRN DEFINED 3
BANGOR HYDRO-ELECTRIC CO COM 060077104 110 6,700 SH DEFINED 2,3 6,700 - -
BANK UNITED CORP-CL A CL A 065412108 1,908 70,000 SH DEFINED 1,3 70,000 - -
BARRICK GOLD CORP COM 067901108 27 1,500 SH DEFINED 3,4 1,500 - -
BAYCORP HOLDINGS LTD COM 072728108 6,469 667,842 SH DEFINED 1,2,3 667,842 - -
BCE INC. COM 05534B109 234 2,600 SH DEFINED 3,4 2,600 - -
BEVERLY ENTERPRISES INC COM NEW 087851309 3,653 834,900 SH DEFINED 2,3 834,900 - -
BIOGEN INC COM 090597105 1,115 13,200 SH DEFINED 3,4 13,200 - -
BUCKHEAD AMERICA CORP COM 11835A105 120 21,579 SH DEFINED 2,3 21,579 - -
BUILDING ONE SERVICES CORP COM 120114103 516 54,718 SH DEFINED 2,3 54,718 - -
BURLINGTON RESOURCES INC COM 122014103 1,818 55,000 SH DEFINED 2,3 55,000 - -
CABOT INDUSTRIAL TRUST COM 127072106 257 14,000 SH DEFINED 2,3 14,000 - -
CANADIAN IMPERIAL BANK COMM COM 136069101 85 3,600 SH DEFINED 3,4 3,600 - -
CANADIAN NATL RAILWAY CO COM 136375102 6 224 SH DEFINED 1,3 224 - -
CANADIAN OCCIDENTAL PETE LTDCOM 136420106 43 2,200 SH DEFINED 3,4 2,200 - -
CAPITAL ONE FINANCIAL CORP COM 14040H105 241 5,000 SH DEFINED 2,3 5,000 - -
CARDINAL HEALTH INC. COM 14149Y108 3,333 69,625 SH DEFINED 1,3 69,625 - -
CARNIVAL CORP COM 143658102 2,343 49,000 SH DEFINED 1,3 49,000 - -
CATELLUS DEVELOPMENT CORP COM 149111106 1,380 107,724 SH DEFINED 2,3 107,724 - -
CH ENERGY GROUP INC. COM 12541M102 1,073 32,500 SH DEFINED 2,3 32,500 - -
CHARTER COMMUNICATIONS INC-ACL A 16117M107 2,188 100,000 SH DEFINED 2,3 100,000 - -
CHECKPOINT SYS SDBCV144A5.25%05 162825AA1 2,723 3,730,000 PRN DEFINED 1,3
CISCO SYSTEMS INC COM 17275R102 13,991 130,600 SH DEFINED 1,3,4 130,600 - -
CITIGROUP INC COM 172967101 4,501 81,000 SH DEFINED 1,3 81,000 - -
CNA INCOME SHARES INC COM 126119106 871 122,198 SH DEFINED 2,3 122,198 - -
CNA SURETY CORPORATION COM 12612L108 352,253 27,096,347 SH DEFINED 2,3,4 7,096,347 - -
COCA COLA CO COM 191216100 355 6,100 SH DEFINED 3,4 6,100 - -
COLUMBIA HCA HEALTHCARE CORPCOM 197677107 2,931 100,000 SH DEFINED 2,3 100,000 - -
COMCAST CORP CL A SPL CL A SPL 200300200 11,124 220,000 SH DEFINED 1,2,3 220,000 - -
COMMUNICATION INTELLIGENCE COM 20338K106 6,188 750,000 SH DEFINED 2,3 750,000 - -
CONECTIV INC COM 206829103 883 52,500 SH DEFINED 2,3 52,500 - -
COX COMMUNICATIONS INC-CL A CL A 224044107 721 14,000 SH DEFINED 3,4 14,000 - -
CREDENCE SYSTEMS NT CV 5,25%02 225302AC2 3,768 2,750,000 PRN DEFINED 1,3
CREDENCE SYSTEMS CORP COM 225302108 519 6,000 SH DEFINED 3 6,000 - -
CRESCENT REAL ESTATE EQT CO COM 225756105 2,664 145,000 SH DEFINED 2,3 145,000 - -
CROWN RESOURCE CORP/COLO COM 228569109 940 501,400 SH DEFINED 2,3 501,400 - -
CYPRESS SEMICON SUB NT CONV 6%02 232806AD1 7,245 4,950,000 PRN DEFINED 1,3
DELL COMPUTER CORP COM 247025109 2,055 40,300 SH DEFINED 3,4 40,300 - -
DELTA AIR INC COM 247361108 1,245 25,000 SH DEFINED 2,3 25,000 - -
DONALDSON LUFKIN & JENRETTE COM DLJ 257661108 726 15,000 SH DEFINED 2,3 15,000 - -
EASTERN UTILITIES ASSOC COM 277173100 3,486 115,000 SH DEFINED 2,3 115,000 - -
EAST-WEST BANCORP INC. COM 27579R104 22,874 2,000,000 SH DEFINED 2,3 2,000,000 - -
ECOLAB INC COM 278865100 47 1,200 SH DEFINED 3 1,200 - -
EMC CORP SUB NT CONV 6%04 268648AE2 2,620 2,000,000 PRN DEFINED 2,3
EMC CORPORATION COM 268648102 6,555 60,000 SH DEFINED 1,3 60,000 - -
ENGEL GENERAL DEVELOPERS ORD M40515104 360 120,000 SH DEFINED 2,3 120,000 - -
ENRON CORP COM 293561106 6,213 140,000 SH DEFINED 1,3 140,000 - -
EQUANT NV-NY REGISTERED SHR NY REG SHS 294409107 3,360 30,000 SH DEFINED 1,3 30,000 - -
EQUITY OFFICE PROPERTIES TRUPFD CV B 5.25% 294741509 7,293 187,000 SH DEFINED 2,3 187,000 - -
ESTEE LAUDER COMPANIES CL A 518439104 50 1,000 SH DEFINED 2,3 1,000 - -
EXIGENT INTERNATIONAL INC COM 302056106 0 125 SH DEFINED 1,3 125 - -
EXIGENT INTERNATIONAL INC-WTWT EXP 013000 302056114 0 200 SH CALL DEFINED 1,3
FIRST ALLIANCE CORP COM 317936102 492 262,500 SH DEFINED 2,3 262,500 - -
FIRST DATA CORP COM 319963104 3,698 75,000 SH DEFINED 1,3 75,000 - -
FOX ENTERTAINMENT GRP INC-A CL A 35138T107 2,494 100,000 SH DEFINED 2,3 100,000 - -
FRIEDMAN BILLINGS RAMSEY-A CL A 358433100 402 51,000 SH DEFINED 2,3 51,000 - -
GENENTECH INC SUB DEB CV 5%02 368710AA7 6,878 7,165,000 PRN DEFINED 2,3
GENERAL COMMUNICATION -CL ACL A 369385109 35 7,913 SH DEFINED 1,3 7,913 - -
GENERAL ELECTRIC CO COM 369604103 6,654 43,000 SH DEFINED 1,3 43,000 - -
GENZYME CORP SB NT CV 5.25%05 372917AF1 3,456 2,700,000 PRN DEFINED 3
GILLETTE CO. COM 375766102 3,892 94,500 SH DEFINED 1,3,4 94,500 - -
GLAMIS GOLD LTD SV COM 376775102 2,538 1,400,640 SH DEFINED 2,3 1,400,640 - -
GLENBOROUGH REALTY TRUST INCCOM 37803P105 334 25,000 SH DEFINED 2,3 25,000 - -
GLOBAL CROSSING LTD COM G3921A1001,822,137 36,442,735 SH DEFINED 2,3 6,442,735 - -
GOLD RESERVE INC COMMON STOCL A 38068N108 1,045 1,114,950 SH DEFINED 2,3 1,114,950 - -
GOLD STANDARD INC COM PAR $0.001 380724302 104 82,813 SH DEFINED 2,3 82,813 - -
GOLDCORP INC-CL A CL A SUB VTG 380956102 2,155 375,000 SH DEFINED 2,3 375,000 - -
GOLDEN STATE BANCORP COM 381197102 2,382 138,100 SH DEFINED 2,3 138,100 - -
GOLDMAN SACHS GROUP INC COM 38141G104 94 1,000 SH DEFINED 3,4 1,000 - -
GREENPOINT FINANCIAL CORP COM 395384100 1,219 51,200 SH DEFINED 2,3 51,200 - -
HAYES LEMMERZ INTL INC COM COM 420781106 4,961 284,500 SH DEFINED 2,3 284,500 - -
HEALTHCARE REALTY TRUST INC COM 421946104 4,555 291,500 SH DEFINED 2,3 291,500 - -
HEALTHSOUTH CORP. COM 421924101 3,763 700,000 SH DEFINED 2,3 700,000 - -
HEWLET-PACKARD SB LYON ZERO 17 428236AC7 41,669 60,500,000 PRN DEFINED 2,3
HEWLETT-PACK FIN SBLYON144AZERO17 428236AA1 10,181 15,000,000 PRN DEFINED 2,3
HOME DEPOT COM 437076102 2,207 32,100 SH DEFINED 3,4 32,100 - -
HOMESTAKE MINING CO COM 437614100 1,419 181,639 SH DEFINED 2,3 181,639 - -
HOMETOWN BUFFET SUBNTCONV7%02 437862AA3 166 165,000 PRN DEFINED 1,3
HORIZON GROUP PROPERTIES INCCOM 44041U102 2 630 SH DEFINED 2,3 630 - -
HUMANA INC. COM 444859102 1,433 175,000 SH DEFINED 2,3 175,000 - -
IDACORP INC COM 451107106 1,341 50,000 SH DEFINED 2,3 50,000 - -
ILLINOIS TOOL WORKS INC COM 452308109 3,500 51,800 SH DEFINED 1,3 51,800 - -
IMPERIAL CREDIT COMMERCIAL COM 45272T102 1,706 150,000 SH DEFINED 2,3 150,000 - -
IMPERIAL OIL LTD-CO. PERTOLICOM NEW 453038408 70 3,300 SH DEFINED 3,4 3,300 - -
INCO LTD COM 453258402 31 1,300 SH DEFINED 3,4 1,300 - -
INFINITY BROADCASTING CORP-ACL A 45662S102 2,750 76,000 SH DEFINED 1,3 76,000 - -
INSWEB CORPORATION COM 45809K103 57,360 2,243,967 SH DEFINED 2,3 2,243,967 - -
INTEL CORP COM 458140100 5,433 66,000 SH DEFINED 1,3,4 66,000 - -
INTERMEDIA COMMUNICATIONS COM 458801107 4,192 108,000 SH DEFINED 1,3 108,000 - -
INTERNATIONAL BUSINESS MACHICOM 459200101 6,577 60,900 SH DEFINED 1,2,3 60,900 - -
INTERSTATE BAKERIES COM 46072H108 2,266 125,000 SH DEFINED 2,3 125,000 - -
JPS INDUSTRIES INC COM 46624E405 1,415 419,243 SH DEFINED 2,3 419,243 - -
KANSAS CITY SOUTHERN INDS COM 485170104 1,895 25,400 SH DEFINED 3,4 25,400 - -
KEMPER INTERMEDIATE GOVT TRUSH BEN INT 488413105 964 149,800 SH DEFINED 2,3 149,800 - -
KEYSPAN CORPORATION COM 49337W100 9,086 391,860 SH DEFINED 2,3 391,860 - -
KEYSTONE FINANCIAL INC COM 493482103 21 1,013 SH DEFINED 3,4 1,013 - -
KROGER COMPANY COM 501044101 5,383 285,200 SH DEFINED 1,2,3 285,200 - -
L-3 COMMUNICATIONS CORP COM 502424104 1,819 43,700 SH DEFINED 1,3 43,700 - -
LAIDLAW INC COM 50730K503 16 3,000 SH DEFINED 3 3,000 - -
LASALLE RE HOLDINGS ORD G5383Q101 23,518 1,425,354 SH DEFINED 2,3 1,425,354 - -
LIBERTY MEDIA COM LIB GRP A 001957208 15,948 281,024 SH DEFINED 1,3 281,024 - -
LIBERTY PROPERTY TRUST SH BRN INT 531172104 1,156 46,700 SH DEFINED 2,3 46,700 - -
LILLY (ELI) & CO. COM 532457108 2,514 37,800 SH DEFINED 1,3 37,800 - -
LORAL SPACE & COMMUNICATIONSCOM G56462107 3,926 161,500 SH DEFINED 1,3 161,500 - -
LUCENT TECHNOLOGIES COM 549463107 743 9,900 SH DEFINED 3,4 9,900 - -
MACK-CALI REALTY CORP COM 554489104 261 10,000 SH DEFINED 2,3 10,000 - -
MAXIM INTEGRATED PRODUCTS COM 57772K101 1,472 31,200 SH DEFINED 3,4 31,200 - -
MCI WORLDCOM INC. COM 55268B106 3,184 60,000 SH DEFINED 1,3 60,000 - -
MCKESSON HBOC INC COM 58155Q103 6,750 300,000 SH DEFINED 2,3 300,000 - -
MCLEODUSA INC-CL A COM 582266102 648 11,000 SH DEFINED 3 11,000 - -
MEDIAONE GROUP, INC COM 58440J104 10,532 137,117 SH DEFINED 2,3,4 137,117 - -
MEDTRONIC INC COM 585055106 4,970 136,400 SH DEFINED 1,3,4 136,400 - -
MELLON FINANCIAL CORP COM 58551A108 443 13,000 SH DEFINED 3 13,000 - -
MERIDIAN GOLD INC COM 589975101 2,475 365,000 SH DEFINED 2,3 365,000 - -
MGIC AETNA INC. COM 008117103 35,441 635,000 SH DEFINED 2,3 635,000 - -
MGIC GPU INC. COM 36225X100 1,041 35,000 SH DEFINED 2,3 35,000 - -
MICROCELL TELECOMMUNICATIONSCL B NON VTG 59501T304 1,583 48,147 SH DEFINED 2,3 48,147 - -
MICROSOFT CORP COM 594918104 5,639 48,300 SH DEFINED 1,3,4 48,300 - -
MIRAGE RESORTS INC COM 60462E104 749 49,500 SH DEFINED 3,4 49,500 - -
MOLEX - CLASS A NON-VOTING CL A 608554200 3,511 77,595 SH DEFINED 1,3 77,595 - -
MONSANTO CO ADJ CONVR RATE 611662305 166 5,000 SH DEFINED 3 5,000 - -
MONSANTO CO COM 611662107 2,850 80,000 SH DEFINED 1,3 80,000 - -
MORRISON KNUDSEN CORP-WTS WT EXP 031103 61844A117 0 35 SH CALL DEFINED 3,4
MOTOROLA INC COM 620076109 5,743 39,000 SH DEFINED 1,3 39,000 - -
MSDW ASIA PACIFIC FUND COM 61744U106 2,243 189,900 SH DEFINED 2,3 189,900 - -
MSDW INDIA INVESTMENT FUND COM 61745C105 2,102 127,400 SH DEFINED 2,3 127,400 - -
NACCO INDS INC CL A CL A 629579103 950 17,100 SH DEFINED 2,3 17,100 - -
NATL DATA CORP SUB NT CONV 5%03 635621AA3 4,323 4,750,000 PRN DEFINED 1,3
NETOPIA INC COM 64114K104 867 15,957 SH DEFINED 3,4 15,957 - -
NIAGARA MOHAWK HOLDINGS INC COM 653520106 3,299 236,700 SH DEFINED 2,3 236,700 - -
NORFOLK SOUTHERN CORP. COM 655844108 1,722 84,000 SH DEFINED 2,3 84,000 - -
NORTH FORK BANCORPORATION COM 659424105 2,211 127,250 SH DEFINED 2,3 127,250 - -
NOVA CHEMICALS CORP COM 66977W109 14 718 SH DEFINED 3,4 718 - -
OGE ENERGY CORP COM 670837103 1,222 64,300 SH DEFINED 2,3 64,300 - -
ON COMMAND CORPORATION COM 682160106 6,521 352,480 SH DEFINED 2,3 352,480 - -
ON COMMAND CORPORATION- CLASWTSB EX 100703 682160122 754 123,130 SH CALL DEFINED 2,3
ORBITAL SCIENCES SB NT CV 5%02 685564AC0 358 420,000 PRN DEFINED 1,3
OWENS-ILL INC PFD CONV $.01 690768502 3,084 98,700 SH DEFINED 2,3 98,700 - -
OWENS-ILLINOIS INC COM NEW 690768403 2,967 118,400 SH DEFINED 2,3 118,400 - -
PACTIV CORPORATION COM 695257105 2,019 190,000 SH DEFINED 2,3 190,000 - -
PAYCHEX INC COM 704326107 814 20,350 SH DEFINED 3,4 20,350 - -
PENNEY (J.C.) CO. INC. COM 708160106 1,396 70,000 SH DEFINED 2,3 70,000 - -
PEPSI BOTTLING GROUP INC COM 713409100 7,619 460,000 SH DEFINED 2,3 460,000 - -
PEPSICO INCORPORATED COM 713448108 3,490 99,000 SH DEFINED 1,3 99,000 - -
PFIZER INC COM 717081103 5,135 158,300 SH DEFINED 1,3,4 158,300 - -
PHILIP MORRIS COMPANIES INC COM 718154107 3,450 150,000 SH DEFINED 2,3 150,000 - -
PITNEY-BOWES INC COM 724479100 1,981 41,000 SH DEFINED 1,3 41,000 - -
PLACER DOME INC COM 725906101 4,375 406,952 SH DEFINED 2,3,4 406,952 - -
POLICY MANAGEMENT SYSTEMS COCOM 731108106 38,829 1,519,024 SH DEFINED 2,3 1,519,024 - -
POTASH CORP OF SASKATCHEWAN COM 73755L107 4,236 87,900 SH DEFINED 2,3 87,900 - -
POTOMAC ELECTRIC POWER COM 737679100 19,519 851,000 SH DEFINED 2.3 851,000 - -
PREMIER PARKS COM NEW 740540208 315 10,900 SH DEFINED 3 10,900 - -
PRENTISS PROPERTIES TRUST SH BEN INT 740706106 86 4,000 SH DEFINED 2,3 4,000 - -
PRICE (T. ROWE) ASSOCIATES COM 741477103 646 17,500 SH DEFINED 3,4 17,500 - -
PRIME HOSPITALITY CORP COM 741917108 56 6,375 SH DEFINED 2,3 6,375 - -
PRIME RETAIL INC COM 741570105 71 12,600 SH DEFINED 2,3 12,600 - -
PRISON REALTY TRUST INC COM 74264N105 2,169 428,400 SH DEFINED 2,3 428,400 - -
PROCTER & GAMBLE CO COM 742718109 6,398 58,400 SH DEFINED 1,3,4 58,400 - -
PROGRESSIVE CORP COM 743315103 1,009 13,800 SH DEFINED 3,4 13,800 - -
PROVIDIAN FINANCIAL CORP COM 74406A102 801 8,800 SH DEFINED 3,4 8,800 - -
PSINET INC COM 74437C101 2,624 42,500 SH DEFINED 1,3 42,500 - -
PUBLIC SERVICE CO OF N MEX COM 744499104 1,430 88,000 SH DEFINED 2,3 88,000 - -
RADIO ONE INC CL A 75040P108 956 10,391 SH DEFINED 2,3,4 10,391 - -
REYNOLDS METALS CO COM 761763101 7,364 96,100 SH DEFINED 2,3 96,100 - -
RGS ENERGY GROUP INC COM 74956K104 1,594 77,500 SH DEFINED 2,3 77,500 - -
ROCKWELL INTL CORP COM 773903109 2,901 60,600 SH DEFINED 2,3 60,600 - -
SAFEWAY INC COM NEW 786514208 3,862 108,600 SH DEFINED1,2,3,4 108,600 - -
SANMINA CORP SB DB CV 144A 04 800907AA5 1,489 1,130,000 PRN DEFINED 1,3
SANMINA CORP SUB NTCV 4.25%04 800907AB3 4,901 3,720,000 PRN DEFINED 1,3
SCANA CORP COM 805898103 14,513 540,000 SH DEFINED 2,3 540,000 - -
SCHERING PLOUGH COM 806605101 5,273 125,000 SH DEFINED 1,3 125,000 - -
SCHLUMBERGER LIMITED COM 806857108 4,196 74,600 SH DEFINED 1,3 74,600 - -
SCHWAB(CHARLES) CORP COM 808513105 1,186 31,000 SH DEFINED 3,4 31,000 - -
SEACOR HOLDINGS SUBNTCV 5.375%06 811904AE1 241 250,000 PRN DEFINED 3
SEAGATE TECHNOLOGY INC. COM 811804103 4,610 99,000 SH DEFINED 2,3 99,000 - -
SEPRACOR INC SB DB CV144A7%05 817315AF1 5,544 5,200,000 PRN DEFINED 1,3
SFX ENTERTAINMENT INC CL A 784178105 36 1,000 SH DEFINED 2,3 1,000 - -
SIEBEL SYSTEMS INC COM 826170102 2,050 24,400 SH DEFINED 3,4 24,400 - -
SIERRA PACIFIC RESOURCES COM 826428104 999 57,500 SH DEFINED 2,3 57,500 - -
SMITH CHARLES E RESIDENTIAL COM 832197107 265 7,500 SH DEFINED 2,3 7,500 - -
SOLUTIA INC COM 834376105 309 20,000 SH DEFINED 3 20,000 - -
SPANISH BROADCASTING SYS CLACL A 846425882 403 10,000 SH DEFINED 2,3 10,000 - -
SPEEDWAY MOTORSP SB DB CV 5.75%03 847788AC0 4,948 4,781,000 PRN DEFINED 1,3
SPLITROCK SERVICES INC COM 848636304 1,538 77,364 SH DEFINED 2,3 77,364 - -
SPRINT CORP COM FON GROUP 852061100 6,318 93,856 SH DEFINED 1,3,4 93,856 - -
SPRINT CORP (PCS GROUP) PCS COM SER 1 852061506 73 714 SH DEFINED 3,4 714 - -
ST. LAURENT PAPERBOARD COM 790907109 25 1,900 SH DEFINED 3,4 1,900 - -
STAR GAS PARTNER-SEN SUB UTSSR SUB UN LTD 85512C204 215 42,434 SH DEFINED 2,3 42,434 - -
STMICROELECTRON SB LYON ZERO 09 861012AB8 44,864 35,050,000 PRN DEFINED 1,2,3
STORAGE TECHNOLOGY /NEW/COM COM PAR $0.10 862111200 51 2,754 SH DEFINED 1,3 2,754 - -
SUN MICROSYSTEMS INC COM 866810104 5,188 67,000 SH DEFINED 1,3 67,000 - -
SUNBEAM CORP SRSDCV ZRO144A18 867071AA0 14,914 97,000,000 PRN DEFINED 2,3
TANDY CORP COM 875382103 3,197 65,000 SH DEFINED 1,3 65,000 - -
TECNOMATIX TECHNOLOGIES LTD ORD M8743P105 29 1,000 SH DEFINED 2,3 1,000 - -
TELLABS INC COM 879664100 4,878 76,000 SH DEFINED 1,3 76,000 - -
TEXAS INSTRUMENTS INCORPORATCOM 882508104 5,909 61,000 SH DEFINED 1,3 61,000 - -
THOUSAND TRAILS, INC COM 885502104 798 159,660 SH DEFINED 2,3 159,660 - -
TIME WARNER INC COM 887315109 8,005 110,700 SH DEFINED 2,3,4 110,700 - -
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