SEMI-ANNUAL REPORT - First Investors

Portfolio of Investments (continued)
FLOATING RATE FUND
March 31, 2014
Principal
Amount Security Value
Gaming/Leisure (continued)
$ 497 M SeaWorld Parks & Entertainment, Inc., 3%, 5/14/2020 $ 490,861
896 M Seminole Hard Rock Entertainment, Inc., 3.5%, 5/14/2020 896,425
1,000 M Zuffa, LLC, 4.5%, 2/25/2020 (a) 1,004,375
4,866,631
Health Care—9.7%
1,000 M Accellent, Inc, 4.5%, 2/19/2021 (a) 998,750
Biomet, Inc.:
248 M 3.65425%, 2/25/2017 248,492
18 M 3.73285%, 2/25/2017 17,713
100 M 3.5%, 7/25/2017 (a) 100,359
4 M 3.6525%, 7/25/2017 4,492
195 M 3.65425%, 7/25/2017 195,689
33 M 3.73285%, 7/25/2017 32,896
406 M Community Health Systems, Inc., 4.25%, 1/27/2021 410,187
750 M Endo Health Solutions, Inc., 3.25%, 3/1/2021 751,406
270 M Grifols Worldwide Operations USA, Inc., 3.25%, 2/26/2021 (a) 270,619
574 M Jazz Pharmaceuticals, Inc., 3.25%, 6/12/2018 575,713
334 M Medpace Holdings, Inc., 5%, 3/31/2021 (a) 335,670
667 M MultiPlan, Inc., 4%, 3/21/2021 (a) 670,919
650 M NBTY, Inc., 3.5%, 10/1/2017 654,062
473 M Onex Carestream Health, Inc., 5%, 6/7/2019 479,596
494 M Salix Pharmaceuticals, Ltd., 4.25%, 12/17/2019 499,356
572 M Select Medical Corp., 3.75%, 6/1/2018 574,215
6,820,134
Information Technology—6.5%
509 M Activision Blizzard, Inc., 3.25%, 10/12/2020 509,227
599 M Applied Systems, Inc., 4.25%, 1/15/2021 602,465
422 M ARRIS Group, Inc., 3.5%, 4/17/2020 419,894
798 M BMC Software Finance, Inc., 5%, 9/10/2020 799,620
360 M DealerTrack Technologies, Inc., 3.5%, 2/4/2021 362,138
Dell International, Inc.:
498 M 4.5%, 3/24/2020 495,945
100 M 4.5%, 4/29/2020 99,487
748 M Infor (US), Inc., 3.75%, 6/3/2020 748,873
504 M Kronos, Inc., 4.5%, 10/30/2019 508,831
4,546,480
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