Life Series Funds - First Investors

Portfolio of Investments (continued)
FUND FOR INCOME
June 30, 2013
Principal
Amount Security Value
Energy (continued)
Suburban Propane Partners, LP:
$ 274 M 7.5%, 10/1/2018 $ 289,070
77 M 7.375%, 8/1/2021 80,465
175 M Tesoro Logistics, LP, 5.875%, 10/1/2020 (a) 173,250
400 M Unit Corp., 6.625%, 5/15/2021 410,000
14,194,906
Financials—3.9%
Algeco Scotsman Global Finance, PLC:
200 M 8.5%, 10/15/2018 (a) 200,000
200 M 10.75%, 10/15/2019 (a) 192,000
Ally Financial, Inc.:
550 M 6.25%, 12/1/2017 590,436
700 M 8%, 3/15/2020 816,375
100 M CNH Capital, LLC, 6.25%, 11/1/2016 107,000
International Lease Finance Corp.:
650 M 8.75%, 3/15/2017 727,188
100 M 6.25%, 5/15/2019 103,250
575 M 8.25%, 12/15/2020 647,594
3,383,843
Food/Beverage/Tobacco—.6%
225 M B&G Foods, Inc., 4.625%, 6/1/2021 215,438
200 M Barry Callebaut Services SA, 5.5%, 6/15/2023 (a) 202,308
100 M Chiquita Brands International, Inc., 7.875%, 2/1/2021 (a) 105,000
522,746
Food/Drug—1.0%
475 M NBTY, Inc., 9%, 10/1/2018 518,938
325 M Tops Holding Corp., 8.875%, 12/15/2017 (a) 353,438
872,376
Forest Products/Containers—3.0%
Ardagh Packaging Finance, PLC:
200 M 7.375%, 10/15/2017 (a) 214,500
300 M 7%, 11/15/2020 (a) 289,875
Ball Corp.:
325 M 7.375%, 9/1/2019 352,625
150 M 4%, 11/15/2023 139,313
20