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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: SEPTEMBER 30, 2000
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: EMERSON INVESTMENT MANAGEMENT, INC.
Address: 11 BEACON STREET
BOSTON, MASSACHUSETTS 02108
Form 13F File Number: 28-6048
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: BRADFORD A. GARDNER
Title: PRESIDENT
Phone: (617) 720-1516
Signature, Place, and Date of Signing:
/s/ Bradford A. Gardner Boston, MA 11/6/2000
------------------------ ------------ ---------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[XX] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported
by other reporting manager(s).)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: NONE
Form 13F Information Table Entry Total: 171 DATA RECORDS
Form 13F Information Table Value Total: $ 314,321
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
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EMERSON INVESTMENT MANAGEMENT, INC.
FORM 13-F
September 30, 2000
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
FIRST AUSTRALIA PRIME IBF 318653102 3044 723048 SH SOLE 723048
GLOBAL HIGH INCOME DOLLAR FD IBF 37933G108 6363 480197 SH SOLE 480197
STRATEGIC GLOBAL INCOME FD IBF 862719101 4272 399692 SH SOLE 399692
TEMPLETON GLOBAL GVT IBF 879929107 1007 177000 SH SOLE 177000
TEMPLETON GLOBAL INCOME IBF 880198106 2390 394305 SH SOLE 394305
DLJ HIGH YIELD BOND FUND BF 23322Y108 3466 469924 SH SOLE 469924
DUFF & PHELPS SEL BF 264324104 1480 151829 SH SOLE 151829
INVESCO SELECT INCOME BF 461277204 142 23585 SH SOLE 23585
KEMPER INCOME TRUST BF 48841G106 1956 235325 SH SOLE 235325
LOOMIS SAYLES BOND FUND BF 543487607 210 18246 SH SOLE 18246
MANAGED HIGH INCOME BF 56166C105 3648 422936 SH SOLE 422936
MFS INTERMED INCOME BF 55273C107 132 20680 SH SOLE 20680
MFS MULTIMARKET INCOME TRUST BF 552737108 6965 1137150 SH SOLE 1137150
OPPENHEIMER FUND BF 683933105 6922 845475 SH SOLE 845475
PILGRIM AMERICA PRIME BF 720906106 317 36500 SH SOLE 36500
PUTNAM MASS II TAX EXEMPT IN T BF 74683H309 195 21630 SH SOLE 21630
SENIOR HIGH INCOME BF 81721E107 1087 170550 SH SOLE 170550
STEIN ROE INCOME FUND BF 558 60235 SH SOLE 60235
TRANSAMERICA INC SHRS BF 893506105 342 15000 SH SOLE 15000
USLIFE INCOME FUND BF 917324105 310 37000 SH SOLE 37000
VAN KAMPEN BOND FUND BF 920955101 1208 70810 SH SOLE 70810
VANGUARD PFD STK FD BF 100 11429 SH SOLE 11429
AT&T CAPITAL CORP PFD 8.25% PFD 00206J209 2319 93700 SH SOLE 93700
BARCLAYS BANK PFD D PFD 06738C802 278 10800 SH SOLE 10800
BARCLAYS BANK PFD E PFD 06738C836 1467 60635 SH SOLE 60635
CITIGROUP CAPITAL VI PFD 17305L208 269 12380 SH SOLE 12380
DELTA AIR LINES PFD PFD 247361405 351 14600 SH SOLE 14600
EIX TRUST II 8.60% PFD 26853P206 217 9400 SH SOLE 9400
EQUITY OFFICE PROPERTIES TRUST PFD 294741202 6787 275605 SH SOLE 275605
FLEET CAPITAL TR VI PFD 8.8% PFD 33889T202 531 21100 SH SOLE 21100
GLIMCHER REALTY PFD B PFD 379302201 1553 82300 SH SOLE 82300
HIGHWOODS PROPERTIES PFD B PFD 431284306 2268 108975 SH SOLE 108975
MOTOROLA CAP TR I PFD 620074203 205 9500 SH SOLE 9500
RELIASTAR PFD A PFD 75952D200 2047 85300 SH SOLE 85300
ROYAL BANK SCOTLAND PFD I 8.0% PFD 780097861 1120 47300 SH SOLE 47300
ROYAL BK SCOTLAND PFD H PFD 780097879 1204 55845 SH SOLE 55845
TEXTRON CAPITAL PFD PFD 883198202 3040 128355 SH SOLE 128355
TIME WARNER PFD T PFD 88731G204 409 16600 SH SOLE 16600
TRAVELERS P&C CAPITAL I PFD 893931204 348 14295 SH SOLE 14295
TXU CAP TRUST II 8.70% PFD 90210s204 268 10700 SH SOLE 10700
UNIONBANCAL FINL PFD PFD 90905Q109 245 11000 SH SOLE 11000
CENDANT CORP SER I CV PFD CPFD 151313301 2673 163250 SH SOLE 163250
CRESCENT REAL ESTATES SER A CV CPFD 225756204 8385 514005 SH SOLE 514005
INTL PAPER CAP 5.25% CPFD 460137300 3772 97980 SH SOLE 97980
LINCOLN NATL CORP PFD I CPFD 534187604 6620 278755 SH SOLE 278755
SEALED AIR CORP SER A CPFD 81211K209 2075 46100 SH SOLE 46100
UTILICORP UNITED PFD CPFD 918005877 8803 312990 SH SOLE 312990
A T & T COM 001957109 1655 56341 SH SOLE 56341
ABBOTT LABS COM 002824100 262 5500 SH SOLE 5500
ADC TELECOMMUNICATIONS INC COM 000886101 2776 103250 SH SOLE 103250
AGILENT TECHNOLOGIES COM 00846u101 772 15769 SH SOLE 15769
ALLMERICA FINANCIAL CORP COM 019754100 2179 34075 SH SOLE 34075
AMERICA ONLINE INC COM 02364J104 1373 25545 SH SOLE 25545
AMERICAN EXPRESS CO COM 025816109 2418 39797 SH SOLE 39797
AMERICAN GENERAL CORP COM 026351106 1079 13835 SH SOLE 13835
AMERICAN HOME PROD COM 026609107 205 3625 SH SOLE 3625
AMERICAN INT'L GROUP COM 026874107 7038 73548 SH SOLE 73548
ANALOG DEVICES COM 032654105 586 7100 SH SOLE 7100
3
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<TABLE>
<CAPTION>
EMERSON INVESTMENT MANAGEMENT, INC.
FORM 13-F
September 30, 2000
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ANHEUSER BUSCH COS COM 035229103 305 7200 SH SOLE 7200
APPLIED MATERIALS INC COM 038222105 390 6580 SH SOLE 6580
ARCHSTONE COMMUNITIES TRUST COM 039581103 2455 99950 SH SOLE 99950
AUTOMATIC DATA COM 053015103 633 9460 SH SOLE 9460
BANKNORTH GROUP INC NEW COM 06646R107 2213 123829 SH SOLE 123829
BELLSOUTH CORP COM 079860102 227 5646 SH SOLE 5646
BENNETT ENVIRONMENTAL INC COM 081906109 30 12800 SH SOLE 12800
BERKSHIRE HATHAWAY INC CL B COM 084670207 654 316 SH SOLE 316
BIOGEN INC. COM 090597105 4098 67180 SH SOLE 67180
BIOMET INC COM COM 090613100 4603 131521 SH SOLE 131521
BMC SOFTWARE COM 055921100 1744 91178 SH SOLE 91178
BOEING CO COM 097023105 343 5450 SH SOLE 5450
BOSTON SCIENTIFIC CORP COM 101137107 226 13745 SH SOLE 13745
BP AMOCO PLC - SPONS ADR COM 055622104 1372 25896 SH SOLE 25896
BRISTOL MYERS SQUIBB COM 110122108 2367 41432 SH SOLE 41432
CABLEVISION COM 12686C109 5401 81444 SH SOLE 81444
CARNIVAL COPR CL A COM 143658102 670 27225 SH SOLE 27225
CHALCO INDUSTRIES INC COM 0 61295 SH SOLE 61295
CHASE MANHATTAN CORP COM 16161A108 1388 30062 SH SOLE 30062
CHEVRON CORPORATION COM 166751107 402 4720 SH SOLE 4720
CISCO SYSTEMS INC COM 17275R102 4596 83178 SH SOLE 83178
CITIGROUP INC COM 172967101 6550 121156 SH SOLE 121156
CITIZENS TRUST CO COUDERSPORT COM 274 9547 SH SOLE 9547
CLAYTON HOMES COM 184190106 969 96850 SH SOLE 96850
CMGI INC COM 125750109 274 9795 SH SOLE 9795
COLGATE PALMOLIVE COM 194162103 2076 43985 SH SOLE 43985
COMPUTER ASSOCIATES COM 204912109 469 18618 SH SOLE 18618
CONOCO INC CL A COM 208251306 2054 78615 SH SOLE 78615
CONSTELLATION ENERGY GROUP COM 326 6561 SH SOLE 6561
CONVERGYS CORP COM 212485106 1181 30375 SH SOLE 30375
CVS COM 126650100 2299 49640 SH SOLE 49640
DELPHI FINANCIAL GRP COM 247131105 1162 28694 SH SOLE 28694
DISNEY (WALT) COM 254687106 545 14254 SH SOLE 14254
DUPONT E I DE NEMOURS COM 263534109 250 6044 SH SOLE 6044
EL PASO NATURAL GAS COM 283905107 1872 30376 SH SOLE 30376
ELI LILLY COM 532457108 387 4770 SH SOLE 4770
EMC CORP MASS COM 268648102 832 8390 SH SOLE 8390
EQUITY RESIDENTIAL PROP TR COM 29476L107 805 16776 SH SOLE 16776
EXXON MOBIL CORP COM 30231g102 2777 31162 SH SOLE 31162
FEDERAL NAT MORTGAGE COM 313586109 923 12905 SH SOLE 12905
FEDERATED DEPARTMENT STORES COM 31410H101 566 21650 SH SOLE 21650
FEDEX CORPORATION COM 31428X106 2039 45985 SH SOLE 45985
FLEETBOSTON FINL CORP COM COM 339030108 2053 52641 SH SOLE 52641
GENERAL ELECTRIC CO COM 369604103 9244 160244 SH SOLE 160244
GENZYME CORP COM 372917104 1226 17985 SH SOLE 17985
GILLETTE CO COM 375766102 704 22795 SH SOLE 22795
GT GROUP TELECOM IN CL B COM 362359408 330 25000 SH SOLE 25000
HALLIBURTON CO COM 406216101 4350 88885 SH SOLE 88885
HARRAH'S ENTERTAINMENT INC COM 413619107 1100 39995 SH SOLE 39995
HEINZ H J CO COM 423074103 1846 49810 SH SOLE 49810
HEWLETT PACKARD CO COM 428236103 1930 19897 SH SOLE 19897
HOME DEPOT COM 437076102 4797 90401 SH SOLE 90401
HONEYWELL CORP COM 438516106 2891 81138 SH SOLE 81138
IBM COM 459200101 6735 59866 SH SOLE 59866
INTEL CORP COM 458140100 6576 158219 SH SOLE 158219
J P MORGAN COM 616880100 333 2040 SH SOLE 2040
JOHNSON & JOHNSON COM 478160104 5018 53421 SH SOLE 53421
LINCOLN NATIONAL CORP COM 534187109 332 6900 SH SOLE 6900
4
</TABLE>
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<TABLE>
<CAPTION>
EMERSON INVESTMENT MANAGEMENT, INC.
FORM 13-F
September 30, 2000
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
LINEAR TECHNOLOGY COM 535678106 265 4100 SH SOLE 4100
LSI LOGIC CORP COM 502161102 1228 41990 SH SOLE 41990
LUCENT TECHNOLOGIES INC COM 549463107 1691 55315 SH SOLE 55315
MCDONALDS CORP COM 580135101 207 6870 SH SOLE 6870
MCKESSON HBOC INC COM 58155Q103 1006 32900 SH SOLE 32900
MEDTRONIC COM 585055106 2352 45391 SH SOLE 45391
MERCK & CO INC COM 589331107 3775 50718 SH SOLE 50718
METLIFE INC COM 59156r108 1551 59215 SH SOLE 59215
MICROSOFT INC COM 594918104 961 15936 SH SOLE 15936
NEW PLAN EXECL REALTY TRUST COM 648053106 172 12600 SH SOLE 12600
NOKIA CORP COM 654902204 427 10720 SH SOLE 10720
NORTEL NETWORKS CORP COM 656568102 3758 63089 SH SOLE 63089
ORACLE SYSTEMS COM 68389X105 1969 25000 SH SOLE 25000
PEPSICO INC COM 713448108 1216 26445 SH SOLE 26445
PFIZER INC COM 717081103 6933 154274 SH SOLE 154274
PHARMACOPEIA INC COM 71713b104 1126 44160 SH SOLE 44160
PROCTER & GAMBLE CO COM 742718109 1982 29575 SH SOLE 29575
ROSS STORES INC COM 778296103 244 17000 SH SOLE 17000
ROYAL DUTCH PET CO NY COM 780257804 333 5560 SH SOLE 5560
SAFEGUARD SCIENTIFICS INC COM 786449108 554 27800 SH SOLE 27800
SARA LEE CORP COM 803111103 522 25715 SH SOLE 25715
SBC COMMUNICATIONS COM 78387G103 730 14591 SH SOLE 14591
SCHERING-PLOUGH COM 806605101 1508 32434 SH SOLE 32434
SCHLUMBERGER LTD COM 806857108 2002 24316 SH SOLE 24316
SMITHKLINE BEECHAM ORD ADR COM 832378301 522 7600 SH SOLE 7600
STAPLES INC COM 855030102 1384 97584 SH SOLE 97584
STRYKER CORP COM 863667101 1713 39900 SH SOLE 39900
SUN MICROSYSTEMS COM 866810104 8842 75736 SH SOLE 75736
SYSCO CORP COM 871829107 2134 46080 SH SOLE 46080
TALBOTS INC COM 874161102 767 11575 SH SOLE 11575
TELLABS INC COM 879664100 302 6315 SH SOLE 6315
TEXACO INC COM 881694103 3167 60327 SH SOLE 60327
THERMO ELECTRON COM 883556102 265 10185 SH SOLE 10185
TJX COMPANIES INC COM 872540109 1737 77194 SH SOLE 77194
TYCO INTERNATIONAL LTD COM 902124106 3290 63427 SH SOLE 63427
UNITED PARCEL SERVICE CL B COM 911312106 226 4000 SH SOLE 4000
UNITED TECHNOLOGIES COM 913017109 4157 60024 SH SOLE 60024
UNUMPROVIDENT CORPORATION COM 91529Y106 508 18650 SH SOLE 18650
USX-MARATHON GROUP COM 902905827 312 11000 SH SOLE 11000
UTILICORP COM 918005109 1320 51033 SH SOLE 51033
VERIZON COMMUNICATIONS COM 92343v104 625 12907 SH SOLE 12907
VERTEX PHARMACEUTICAL COM 92532F100 597 7060 SH SOLE 7060
VIRGINIA COMM BANCORP COM COM 411 30848 SH SOLE 30848
VODAFONE GROUP PLC SPONSORED A COM 92857w100 401 10825 SH SOLE 10825
WALMART COM 931142103 488 10133 SH SOLE 10133
WASHINGTON MUTUAL INC COM 939322103 2333 58608 SH SOLE 58608
WORLDCOM INC COM 98157d106 2679 88203 SH SOLE 88203
20TH CENTURY ULTRA MF 025083882 362 8198 SH SOLE 8198
JANUS FD INC MF 471023101 1082 23667 SH SOLE 23667
JANUS INVT FD WORLDWIDE FD MF 471023309 708 9593 SH SOLE 9593
NEUBERGER & BERMAN GUARD FD MF 641224209 347 18166 SH SOLE 18166
NEW ENGLAND GROWTH FUND CLASS MF 644036204 99 10368 SH SOLE 10368
OAK VALUE FUND MF 900733106 485 18311 SH SOLE 18311
THIRD AVENUE VALUE FUND MF 884116104 322 8285 SH SOLE 8285
VANGUARD INDEX TR 500 PORT MF 922908108 300 2263 SH SOLE 2263
5
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<TABLE>
<CAPTION>
EMERSON INVESTMENT MANAGEMENT, INC.
FORM 13-F
September 30, 2000
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
REPORT SUMMARY 171 DATA RECORDS 314321 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
6
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