NPORT-P
false
0000072760
XXXXXXXX
S000011440
C000031645
NORTHEAST INVESTORS TRUST
811-00576
0000072760
254900TFW0QM0GDHQX67
125 HIGH ST
SUITE 1802
BOSTON
02110
800-225-6704
NORTHEAST INVESTORS TRUST
S000011440
254900TFW0QM0GDHQX67
2021-09-30
2021-09-30
N
157574686.2
399884.15
157174802.05
0
0
0
0
0
0
0
0
0
0
0
0
0
0
USD
N
ALLEGHENY LUDLUM LLC
KCBRRAMO64UL0JAYG446
6.95% MTY 12/15/2025
016900AC6
4500000
PA
USD
4927500
3.14
Long
DBT
CORP
US
N
2
2025-12-15
Fixed
6.95
N
N
N
N
N
N
ALTICE FRANCE SA
5493001ZMCICV4N02J21
8.125% MTY 02/01/2027
02156LAA9
5000000
PA
USD
5380000
3.42
Long
DBT
CORP
US
Y
2
2027-02-01
Fixed
8.125
N
N
N
N
N
N
AMERICAN EAGLE ENERGY CORP
549300QMH21TNIIJ0F25
11% MTY 9/01/2019
02554FAA0
15500000
PA
USD
249705
0.16
Long
DBT
CORP
US
Y
3
2019-09-01
Fixed
11
Y
N
N
N
N
N
AMERICAN GILSONITE CO
54930088Q5PLU37BHF34
COMMON STOCK
02636P201
1597765
NS
USD
4411077.6567
2.81
Long
EC
CORP
US
Y
3
N
N
N
ASHTON WOODS USA
N/A
9.875% MTY 4/1/2027
045086AH8
2380000
PA
USD
2665600
1.7
Long
DBT
CORP
US
Y
2
2027-04-01
Fixed
9.875
N
N
N
N
N
N
BUILDERS FIRSTSOURCE
549300W0SKP6L3H7DP63
6.75% MTY 6/01/2027
12008RAM9
402000
PA
USD
426120
0.27
Long
DBT
CORP
US
Y
2
2027-06-01
Fixed
6.75
N
N
N
N
N
N
CENTURYLINK, INC.
8M3THTGWLTYZVE6BBY25
7.5% MTY 4/01/2024
156700BA3
5000000
PA
USD
5537500
3.52
Long
DBT
CORP
US
N
2
2024-04-01
Fixed
7.5
N
N
N
N
N
N
CENVEO ENTERPRISES INC
549300Q5ZSKHLXJ0YR63
COMMON STOCK
N/A
20833
NS
USD
124998
0.08
Long
EC
CORP
US
Y
2
N
N
N
CF INDUSTRIES, INC.
5FVKT86LAD2F40NPC183
3.45% MTY 06/1/2023
12527GAC7
3333000
PA
USD
3478818.75
2.21
Long
DBT
CORP
US
N
2
2023-06-01
Fixed
3.45
N
N
N
N
N
N
CHENIERE ENERGY PARTNERS LP
N/A
5.625% MTY 10/01/2026
16411QAD3
5000000
PA
USD
5137500
3.27
Long
DBT
CORP
US
N
2
2026-10-01
Fixed
5.625
N
N
N
N
N
N
CLEAN HARBORS INC.
5493000SJVZVZJKHJF48
4.875% MTY 7/15/2027
184496AN7
500000
PA
USD
518750
0.33
Long
DBT
CORP
US
Y
2
2027-07-15
Fixed
4.875
N
N
N
N
N
N
CNX RESOURCES CORP
549300JK3KH8PWM3B226
7.25% MTY 03/14/2027
12653CAC2
10000000
PA
USD
10647000
6.77
Long
DBT
CORP
US
Y
2
2027-03-14
Fixed
7.25
N
N
N
N
N
N
COOKE OMEGA INV, INC
N/A
8.5% MTY 12/15/2022
21627UAA0
5000000
PA
USD
5087500
3.24
Long
DBT
CORP
US
Y
2
2022-12-15
Fixed
8.5
N
N
N
N
N
N
COOPER-STANDARD AUTOMOTIVE INC.
ITCH5B3Q4RTX2PH9UN62
13% MTY 06/01/2024
216762AG9
5000000
PA
USD
5500000
3.5
Long
DBT
CORP
US
Y
2
2024-06-01
Fixed
13
N
N
N
N
N
N
CRESTWOOD EQUITY PARTNERS LP
549300CUY0F1TYDLDL45
9.25% PFD UNIT PERPETUAL
226344307
1100000
NS
USD
10989000
6.99
Long
EP
CORP
US
N
1
N
N
N
FIVE POINT OPERATING COMPANY
N/A
7.875% 11/15/2025
33834YAA6
4395000
PA
USD
4592775
2.92
Long
DBT
CORP
US
Y
2
2025-11-15
Fixed
7.875
N
N
N
N
N
N
FOOT LOCKER, INC.
549300X383CBNP6MTV94
8.5% MTY 1/15/2022
980883AC6
7500000
PA
USD
7640625
4.86
Long
DBT
CORP
US
N
2
2022-01-15
Fixed
8.5
N
N
N
N
N
N
FORD MOTOR CORP.
UDSQCVRUX5BONN0VY111
3.219% MTY 1/9/2022
345397XA6
1425000
PA
USD
1428562.5
0.91
Long
DBT
CORP
US
N
2
2022-01-09
Fixed
3.219
N
N
N
N
N
N
FORD MOTOR CORP.
UDSQCVRUX5BONN0VY111
3.35% MTY 11/1/2022
345397ZU0
3296000
PA
USD
3354042.56
2.13
Long
DBT
CORP
US
N
2
2022-11-01
Fixed
3.35
N
N
N
N
N
N
FORTRESS TRANSPORTATION & INFRASTRUCTURE INVESTORS LLC
529900E7PUVK6BC8PE80
9.75% MTY 8/1/2027
34960PAC5
500000
PA
USD
566250
0.36
Long
DBT
CORP
US
Y
2
2027-08-01
Fixed
9.75
N
N
N
N
N
N
FORTRESS TRANSPORTATION & INFRASTRUCTURE INVESTORS LLC
529900E7PUVK6BC8PE80
5.5% MTY 5/1/2028
34960PAD3
750000
PA
USD
755043.75
0.48
Long
DBT
CORP
US
Y
2
2028-05-01
Fixed
5.5
N
N
N
N
N
N
G-III APPAREL GROUP
529900O5KABM3R3SFM87
7.875% MTY 8/15/2025
36237HAA9
5430000
PA
USD
5884762.5
3.74
Long
DBT
CORP
US
Y
2
2025-08-15
Fixed
7.875
N
N
N
N
N
N
GETLINK SA
9695007ZEQ7M0OE74G82
GET FP
N/A
7349
NS
115085.34
0.07
Long
EC
CORP
FR
N
2
N
N
N
HOMER CITY INTERESTS INC
549300WURUOM5UICZI86
COMMON STOCK
N/A
221338
NS
USD
0
0
Long
EC
CORP
US
Y
2
N
N
N
INGEVITY CORP
5493009UTFC4B5IMGF87
COMMON STOCK
45688C107
602
NS
USD
42964.74
0.03
Long
EC
CORP
US
N
1
N
N
N
IRON MOUNTAIN INC
SQL3F6CKNNBM3SQGHX24
4.50% MTY 2/15/2031
46284VAN1
1000000
PA
USD
1014300
0.65
Long
DBT
CORP
US
Y
2
2031-02-15
Fixed
4.5
N
N
N
N
N
N
KEY ENERGY SERVICES INC
N/A
COMMON STOCK
49309J202
129
NS
USD
258
0
Long
EC
CORP
US
N
1
N
N
N
METAL RECOVERY HOLDINGS LLC
5493003TN4GTBCPH6K85
COMMON STOCK
N/A
21539.365
NS
USD
5941162.12
3.78
Long
EC
CORP
US
Y
3
N
N
N
NL INDUSTRIES INC.
N/A
COMMON STOCK
629156407
510200
NS
USD
2938752
1.87
Long
EC
CORP
US
N
1
N
N
N
ORMET CORP
549300SMPKU17TFI0L90
COMMON STOCK
686701103
372638
NS
USD
3.72638
0
Long
EC
CORP
US
N
1
N
N
N
PARKER DRILLING CO.
5493003B4WZ1YZYFR583
COMMON STOCK
701081606
140471
NS
USD
519742.7
0.33
Long
EC
CORP
US
N
1
N
N
N
PARKER DRILLING CO.
5493003B4WZ1YZYFR583
13% (11% CASH/2% PIK) 2ND LIEN TL MTY 3/26/2024
N/A
2605212.6
PA
USD
2422847.718
1.54
Long
LON
CORP
US
Y
2
2024-03-26
Fixed
13
N
N
Y
N
N
N
PILGRIMS PRIDE CORP
549300ZSLGV64ZL3HD75
5.875% MTY 9/30/2027
72147KAE8
5000000
PA
USD
5316250
3.38
Long
DBT
CORP
US
Y
2
2027-09-30
Fixed
5.875
N
N
N
N
N
N
PYXUS HOLDCO
8YFRT44YTZ40IQKXOL79
10% MTY 8/24/2024
747328AA0
10845675
PA
USD
9381508.88
5.97
Long
DBT
CORP
US
N
2
2024-08-24
Fixed
10
N
N
N
N
N
N
RAAM GLOBAL ENERGY CO
549300R7FFMPZ9FYUQ36
12.5% MTY 10/1/2015
74920AAC3
23000000
PA
USD
2300
0
Long
DBT
CORP
US
N
2
2015-10-01
Fixed
12.5
Y
N
N
N
N
N
RANGE RESOURCES CORP
H3Y3WLYCX0BTO1TRW162
4.875% MTY 5/15/2025
75281AAS8
5000000
PA
USD
5279000
3.36
Long
DBT
CORP
US
N
2
2025-05-15
Fixed
4.875
N
N
N
N
N
N
REPUBLIC OF ARGENTINA GDP LINKED SECURITY
549300KPBYGYF7HCHO27
FRN WARRANTS SEPARATED
040114GM6
34386574
PA
USD
171932.87
0.11
Long
DBT
CORP
US
N
2
2035-12-15
Fixed
12.5
N
N
N
N
N
N
RITE AID CORP
529900W353T1JY1DKT44
7.5% MTY 7/1/2025
767754CK8
734000
PA
USD
733831.18
0.47
Long
DBT
CORP
US
Y
2
2025-07-01
Fixed
7.5
N
N
N
N
N
N
RITE AID CORP
529900W353T1JY1DKT44
8% MTY 11/15/2026
767754CL6
1012000
PA
USD
1019640.6
0.65
Long
DBT
CORP
US
Y
2
2026-11-15
Fixed
8
N
N
N
N
N
N
SILVERBOW RESOURCES INC
5493007QR70AVQSNF619
COMMON STOCK
82836G102
5058
NS
USD
123921
0.08
Long
EC
CORP
US
N
1
N
N
N
SPRINT NEXTEL CORP.
549300JKU50UT08ZWD77
11.5% MTY 11/15/2021
852061AM2
5000000
PA
USD
5062714.73
3.22
Long
DBT
CORP
US
N
2
2021-11-15
Fixed
11.5
N
N
N
N
N
N
STATE STREET BANK & TRUST CO. 0.00% DATED 9/30/21 MTY 10/1/21
N/A
REPURCHASE AGREEMENT
N/A
7205391.09
PA
USD
7205391.09
4.58
Long
STIV
CORP
US
N
2
Repurchase
N
0.00
2021-10-01
6109700
USD
7349539.91
USD
UST
N
N
N
TALOS ENERGY INC
549300GZ2DZZE2Y8TX15
COMMON STOCK
87484T108
35718
NS
USD
491836.86
0.31
Long
EC
CORP
US
N
1
N
N
N
TIDEWATER, INC.
549300UOMTB7PD2UT305
8% MTY 08/01/2022
88642RAA7
4605336
PA
USD
4674416.04
2.97
Long
DBT
CORP
US
N
2
2022-08-01
Fixed
8
N
N
N
N
N
N
VECTOR GROUP LTD
549300TUIF4WWN6NDN50
10.5% 11/1/2026
92240MBJ6
5000000
PA
USD
5262500
3.35
Long
DBT
CORP
US
Y
2
2026-11-01
Fixed
10.5
N
N
N
N
N
N
VISKASE COS INC.
549300ST1VO2Z4YCSO49
COMMON STOCK
92831R201
3052635
NS
USD
4334741.7
2.76
Long
EC
CORP
US
N
1
N
N
N
WESTMORELAND MINING HOLDINGS LLC
5493005KY5ANOTGMLS28
COMMON STOCK
96087I112
22606
NS
USD
226.06
0
Long
EC
CORP
US
Y
2
N
N
N
WESTMORELAND MINING HOLDINGS LLC TL
5493005KY5ANOTGMLS28
12.5% CASH / 15% PIK MTY 3/15/2029
N/A
1917588.87
PA
USD
277091.591715
0.18
Long
LON
CORP
US
Y
2
2029-03-15
Fixed
12.5
N
N
Y
N
N
N
WESTROCK CORP
549300VKD8LJZMJ4KP57
COMMON STOCK
96145D105
3626
NS
USD
180683.58
0.11
Long
EC
CORP
US
N
1
N
N
N
WYNDHAM DESTINATIONS INC.
T4VNTWMFQ7JQB65L7T35
4.25% MTY 3/01/2022
98310WAJ7
3000000
PA
USD
3004470
1.91
Long
DBT
CORP
US
N
2
2022-03-01
Fixed
4.25
N
N
N
N
N
N
2021-11-29
NORTHEAST INVESTORS TRUST
/s/ Gordon C. Barrett
Gordon C. Barrett
CFO