Portfolio of Investments - First Investors

Portfolio of Investments (continued)INVESTMENT GRADE FUNDSeptember 30, 2013PrincipalAmount Security ValueFinancials (continued)Merrill Lynch & Co., Inc.:$2,000 M 5%, 1/15/2015 $ 2,100,4204,600 M 6.4%, 8/28/2017 5,294,365Morgan Stanley:5,800 M 5.95%, 12/28/2017 6,568,2105,500 M 6.625%, 4/1/2018 6,391,5724,250 M 5.5%, 7/28/2021 4,655,5956,000 M SunTrust Banks, Inc., 6%, 9/11/2017 6,876,5104,000 M UBS AG, 4.875%, 8/4/2020 4,478,068Wells Fargo & Co.:5,800 M 4.6%, 4/1/2021 6,308,1611,800 M 3.5%, 3/8/2022 1,804,9013,000 M 3.45%, 2/13/2023 2,813,412112,026,411Food/Beverage/Tobacco—8.2%4,000 M Altria Group, Inc., 9.7%, 11/10/2018 5,293,6924,000 M Anheuser-Busch InBev Worldwide, Inc., 5.375%, 1/15/2020 4,603,8683,000 M Bottling Group, LLC, 5.125%, 1/15/2019 3,416,9165,225 M Bunge Ltd. Finance Corp., 8.5%, 6/15/2019 6,513,5694,000 M Dr. Pepper Snapple Group, Inc., 6.82%, 5/1/2018 4,797,6724,165 M Ingredion, Inc., 4.625%, 11/1/2020 4,418,2494,000 M Lorillard Tobacco Co., 6.875%, 5/1/2020 4,606,2123,000 M Mead Johnson Nutrition Co., 4.9%, 11/1/2019 3,324,2044,000 M Philip Morris International, Inc., 5.65%, 5/16/2018 4,634,4324,000 M SABMiller Holdings, Inc., 3.75%, 1/15/2022 (a) 4,038,98445,647,798Food/Drug—.7%4,000 M Safeway, Inc., 4.75%, 12/1/2021 4,023,368Forest Products/Container—.5%2,200 M International Paper Co., 9.375%, 5/15/2019 2,904,539Gaming/Leisure—.7%4,000 M Marriott International, Inc., 3.25%, 9/15/2022 3,792,82422