N-Q 1 incomeformnq0907.txt INCOME TRUST PORTFOLIO HOLDINGS - SEPTEMBER 30, 2007 Form N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act File Number: 811-3668 The Wright Managed Income Trust --------------------------------- (Exact Name of Registrant as Specified in Charter) The Eaton Vance Building, 255 State Street, Boston, Massachusetts 02109 -------------------------------------------------------------------------- (Address of Principal Executive Offices) Janet E. Sanders The Eaton Vance Building, 255 State Street, Boston, Massachusetts 02109 -------------------------------------------------------------------------- (Name and Address of Agent for Services) (617) 482-8260 ----------------- (Registrant's Telephone Number) December 31 --------------- Date of Fiscal Year End September 30, 2007 ---------------------- Date of Reporting Period ------------------------------------------------------------------------------ ITEM 1. SCHEDULE OF INVESTMENTS WRIGHT TOTAL RETURN BOND FUND (WTRB) ------------------------------------------------------------------------------- PORTFOLIO OF INVESTMENTS - SEPTEMBER 30, 2007 (UNAUDITED) Face Coupon Maturity Current Amount Description Rate Date Value Yield -------------------------------------------------------------------------------------------------------------------------------- COMMERCIAL MORTGAGE-BACKED SECURITIES - 7.4% $ 220,000 Citigroup Commercial Mortgage Trust, Series 2004-C2 A5 4.733% 10/15/2041 $ 210,629 4.9% 285,000 CS First Boston Mortgage Securities Corp., Series 2003-C3 A5 3.936% 5/15/2038 266,872 4.2% 330,000 JP Morgan Chase Commercial Mortgage Securities, Series 2004-C3 A5 4.878% 1/15/2042 318,656 5.1% 265,000 Lehman Brothers UBS, Series 2006-C6 A4 5.372% 9/15/2039 262,422 5.4% 420,000 Merrill Lynch/Countrywide Commercial Mortgage Trust Series 2006-2 A4 5.910%(1) 6/12/2046 433,184 5.9% 270,000 Merrill Lynch Mortgage Trust, Series 2005-LC1 A4 5.291% 1/12/2044 267,502 5.3% 150,212 Salomon Brothers Mortgage Securities VII, Series 2002-KEY2 A2 4.467% 3/18/2036 148,128 4.5% ------------ Total Commercial Mortgage-Backed Securities (identified cost, $1,909,779) $ 1,907,393 ------------ NON-AGENCY MORTGAGE-BACKED SECURITIES - 1.1% $ 279,445 First Horizon Alternative Mortgage Securities, Series 2005-AA10 1A2 5.711% 12/25/2035 $ 282,771 5.6% ------------ Total Non-Agency Mortgage-Backed Securities (identified cost, $279,445) $ 282,771 ------------ CORPORATE BONDS -18.8% AUTOMOBILE - 0.5% -------------------- $ 125,000 DaimlerChrysler 7.200% 9/01/2009 $ 129,539 6.9% BANKS & MISCELLANEOUS FINANCIAL - 1.8% -------------------------------------- $ 255,000 HSBC Finance Corp. 4.125% 11/16/2009 $ 248,663 4.2% 200,000 Royal Bank of Scotland Group PLC 7.648% 8/29/2049 209,841 7.3% BUILDING - RESIDENTIAL & COMMERCIAL - 0.4% ------------------------------------------ $ 110,000 Centex Corp. 7.875% 2/01/2011 $ 109,908 7.9% CABLE TV - 0.4% --------------- $ 100,000 Comcast Corp. 5.875% 2/15/2018 $ 98,553 6.0% COMMUNICATIONS EQUIPMENT - 0.5% ------------------------------- $ 140,000 Harris Corp. 5.000% 10/01/2015 $ 129,909 5.4% DIVERSIFIED FINANCIALS - 3.0% ----------------------------- $ 255,000 General Electric Capital Corp. 5.875% 2/15/2012 $ 261,959 5.7% 245,000 International Lease Finance Corp. 5.875% 5/01/2013 246,257 5.8% 255,000 Lehman Brothers Holdings-MTN 6.200% 9/26/2014 256,369 6.2% DRUGS - 1.0% --------------- $ 270,000 Bristol-Myers Squibb 5.875% 11/15/2036 $ 258,392 6.1% ELECTRIC UTILITIES - 2.3% ------------------------- $ 130,000 American Electric Power 5.250% 6/01/2015 $ 124,424 5.5% 90,000 Dominion Resources, Inc. 6.300% 3/15/2033 89,286 6.4% 135,000 Exelon Corp. 4.900% 6/15/2015 125,906 5.3% 235,000 National Rural Utilities-MTN 7.250% 3/01/2012 250,974 6.8% INFORMATION TECHNOLOGY - 1.8% ----------------------------- $ 235,000 Cisco Systems, Inc. 5.500% 2/22/2016 $ 233,817 5.5% 220,000 Oracle Corp. 5.000% 1/15/2011 219,675 5.0% INSURANCE - 1.3% ----------------- $ 130,000 Fund American Cos., Inc. 5.875% 5/15/2013 $ 128,326 6.0% 200,000 St. Paul Travelers 5.500% 12/01/2015 195,653 5.6% MEDICAL - 0.5% --------------- $ 125,000 Hospira, Inc. 4.950% 6/15/2009 $ 125,010 4.9% OIL & GAS - 1.4% ---------------- $ 125,000 Canadian Natural Resources 5.700% 5/15/2017 $ 122,245 5.8% 130,000 Oneok, Inc. 5.510% 2/16/2008 129,938 5.5% 115,000 Sempra Energy 6.000% 2/01/2013 118,190 5.8% PIPELINES - 0.5% ------------------- $ 120,000 Duke Capital 7.500% 10/01/2009 $ 125,239 7.2% SEMICONDUCTOR EQUIPMENT & PRODUCTS - 0.7% ----------------------------------------- $ 165,000 Applied Material 7.125% 10/15/2017 $ 180,826 6.5% TELECOMMUNICATIONS - 2.7% --------------------------- $ 125,000 AT&T Wireless Services, Inc. 7.875% 3/01/2011 $ 135,353 7.3% 70,000 British Telecom PLC 9.125% 12/15/2030 92,955 6.9% 120,000 Deutsche Telekom International Finance 8.000% 6/15/2010 128,620 7.5% 120,000 France Telecom 7.750% 3/01/2011 129,087 7.2% 175,000 Verizon Global Funding Corp. 7.750% 12/01/2030 203,004 6.7% ------------ Total Corporate Bonds (identified cost, $4,894,811) $ 4,807,918 ------------ GOVERNMENT INTERESTS - 71.6% MORTGAGE-BACKED SECURITIES - 50.8% ---------------------------------- $ 248,580 FHLMC Gold Pool #A32600 5.500% 5/01/2035 $ 243,745 5.6% 752,853 FHLMC Gold Pool #A35363 5.000% 7/01/2035 719,444 5.2% 447,706 FHLMC Gold Pool #A58218 6.500% 3/01/2037 455,805 6.4% 76,571 FHLMC Gold Pool #C01646 6.000% 9/01/2033 76,946 6.0% 163,435 FHLMC Gold Pool #C47318 7.000% 9/01/2029 171,853 6.7% 600,869 FHLMC Gold Pool #C55780 6.000% 1/01/2029 606,575 5.9% 296,884 FHLMC Gold Pool #C91046 6.500% 5/01/2027 302,949 6.4% 131,161 FHLMC Gold Pool #D66753 6.000% 10/01/2023 132,472 5.9% 20,153 FHLMC Gold Pool #E00903 7.000% 10/01/2015 20,886 6.8% 422,027 FHLMC Gold Pool #G01035 6.000% 5/01/2029 425,378 6.0% 265,000 FHLMC Gold Pool #H10194 6.000% 9/01/2037 262,516 6.1% 136,582 FHLMC Gold Pool #M30297 4.000% 9/01/2018 129,797 4.2% 140,503 FHLMC Gold Pool #N30514 5.500% 11/01/2028 139,830 5.5% 426,813 FHLMC Gold Pool #P00024 7.000% 9/01/2032 439,811 6.8% 68,181 FHLMC Gold Pool #P50031 7.000% 8/01/2018 70,780 6.7% 53,140 FHLMC Gold Pool #P50064 7.000% 9/01/2030 55,166 6.7% 46,703 FHLMC Pool #C27663 7.000% 6/01/2029 48,587 6.7% 206,896 FHLMC Pool #1B1291 4.394%(1) 11/01/2033 205,962 4.4% 632,595 FHLMC Pool #1G0233 4.993%(1) 5/01/2035 628,665 5.0% 149,074 FHLMC Pool #781071 5.188%(1) 11/01/2033 148,531 5.2% 118,593 FHLMC Pool #781804 5.064%(1) 7/01/2034 116,929 5.1% 59,676 FHLMC Pool #781884 5.143%(1) 8/01/2034 58,945 5.2% 141,048 FHLMC Pool #782862 5.008%(1) 11/01/2034 137,970 5.1% 301,343 FHLMC Series 1983 Z 6.500% 12/15/2023 309,961 6.3% 356,657 FHLMC Series 2044 PE 6.500% 4/15/2028 362,788 6.4% 136,024 FNMA Pool #253057 8.000% 12/01/2029 144,066 7.6% 59,139 FNMA Pool #254845 4.000% 7/01/2013 57,791 4.1% 59,043 FNMA Pool #254863 4.000% 8/01/2013 57,683 4.1% 167,835 FNMA Pool #254865 4.500% 9/01/2018 162,084 4.7% 455,038 FNMA Pool #254904 5.500% 10/01/2033 447,048 5.6% 197,036 FNMA Pool #255958 5.000% 10/01/2035 185,427 5.3% 34,905 FNMA Pool #479477 6.000% 1/01/2029 35,213 5.9% 38,873 FNMA Pool #489357 6.500% 3/01/2029 39,903 6.3% 31,826 FNMA Pool #535332 8.500% 4/01/2030 34,205 7.9% 225,939 FNMA Pool #545407 5.500% 1/01/2032 222,108 5.6% 53,622 FNMA Pool #545782 7.000% 7/01/2032 56,079 6.7% 49,482 FNMA Pool #597396 6.500% 9/01/2031 50,728 6.3% 335,445 FNMA Pool #705118 4.922%(1) 5/01/2033 332,505 5.0% 212,395 FNMA Pool #709423 4.512%(1) 6/01/2033 209,848 4.6% 257,272 FNMA Pool #721618 5.000% 7/01/2033 246,319 5.2% 70,468 FNMA Pool #725866 4.500% 9/01/2034 65,432 4.8% 188,404 FNMA Pool #738630 5.500% 11/01/2033 185,095 5.6% 215,174 FNMA Pool #747529 4.500% 10/01/2033 200,129 4.8% 295,519 FNMA Pool #753189 4.000% 12/01/2033 267,202 4.4% 423,983 FNMA Pool #765218 4.000% 1/01/2034 383,356 4.4% 554,431 FNMA Pool #745467 5.808%(1) 4/01/2036 556,678 5.8% 759,890 FNMA Pool #781893 4.500% 11/01/2031 712,667 4.8% 272,591 FNMA Pool #807804 5.500% 3/01/2035 267,366 5.6% 77,630 FNMA Pool #809888 4.500% 3/01/2035 72,083 4.8% 173,456 FNMA Pool #906455 5.996%(1) 1/01/2037 174,107 6.0% 208,306 GNMA Pool #374892 7.000% 2/15/2024 218,500 6.7% 53,579 GNMA Pool #376400 6.500% 2/15/2024 54,972 6.3% 78,729 GNMA Pool #379982 7.000% 2/15/2024 82,582 6.7% 229,901 GNMA Pool #393347 7.500% 2/15/2027 241,585 7.1% 97,381 GNMA Pool #410081 8.000% 8/15/2025 103,538 7.5% 37,077 GNMA Pool #427199 7.000% 12/15/2027 38,897 6.7% 25,825 GNMA Pool #436214 6.500% 2/15/2013 26,548 6.3% 25,091 GNMA Pool #442996 6.000% 6/15/2013 25,534 5.9% 105,517 GNMA Pool #448490 7.500% 3/15/2027 110,880 7.1% 54,564 GNMA Pool #458762 6.500% 1/15/2028 56,000 6.3% 77,505 GNMA Pool #460726 6.500% 12/15/2027 79,613 6.3% 33,335 GNMA Pool #463839 6.000% 5/15/2013 33,924 5.9% 16,773 GNMA Pool #488924 6.500% 11/15/2028 17,214 6.3% 19,116 GNMA Pool #510706 8.000% 11/15/2029 20,334 7.5% 90,209 GNMA Pool #581536 5.500% 6/15/2033 89,090 5.6% 195,711 GNMA II Pool #2630 6.500% 8/20/2028 200,709 6.3% 59,188 GNMA II Pool #2671 6.000% 11/20/2028 59,702 5.9% 8,738 GNMA II Pool #2909 8.000% 4/20/2030 9,263 7.5% 22,378 GNMA II Pool #2972 7.500% 9/20/2030 23,396 7.2% 8,501 GNMA II Pool #2973 8.000% 9/20/2030 9,012 7.5% 86,603 GNMA II Pool #3095 6.500% 6/20/2031 88,664 6.3% U.S. TREASURIES - 17.0% ----------------------- $ 265,000 U.S. Treasury Bond 8.125% 8/15/2019 $ 345,266 6.2% 270,000 U.S. Treasury Bond 6.125% 11/15/2027 312,504 5.3% 405,000 U.S. Treasury Strip 0.000% 2/15/2021 208,970 5.1% 695,000 U.S. Treasury Note 3.375% 11/15/2008 690,548 3.4% 1,595,000 U.S. Treasury Note 5.000% 8/15/2011 1,648,458 4.8% 1,166,807 U.S. Treasury Inflation Index Note 2.000% 1/15/2014 1,150,400 2.0% U.S. AGENCIES - 3.8% -------------------- $ 665,000 Tennessee Valley Authority 6.000% 3/15/2013 $ 707,041 5.6% 270,000 Tennessee Valley Authority 4.375% 6/15/2015 260,242 4.5% ------------ Total Government Interests (identified cost, $18,322,463) $18,350,799 ------------ TOTAL INVESTMENTS (identified cost, $25,406,498) - 98.9% $25,348,881 OTHER ASSETS, LESS LIABILITIES - 1.1% 269,699 ------------ NET ASSETS - 100.0% $25,618,580 ============ FHLMC - Federal Home Loan Mortgage Association FNMA - Federal National Mortgage Association GNMA - Government National Mortgage Association (1) Adjustable rate security. Rate shown is the rate at period end. The Fund did not have any open financial instruments at September 30, 2007. The cost and unrealized appreciation (depreciation) in value of the investments owned at September 30, 2007, as computed on a federal income tax basis, were as follows: AGGREGATE COST $25,406,498 ------------ Gross unrealized appreciation $ 234,120 Gross unrealized depreciation (291,737) ------------ NET UNREALIZED APPRECIATION $ (57,617) ============
WRIGHT CURRENT INCOME FUND (WCIF) ------------------------------------------------------------------------------- PORTFOLIO OF INVESTMENTS - SEPTEMBER 30, 2007 (UNAUDITED) Face Coupon Maturity Current Amount Description Rate Date Value Yield -------------------------------------------------------------------------------------------------------------------------------- ASSET-BACKED SECURITIES - 5.2% $ 266,246 Bear Stearns Adjustable Rate Mortgage Trust, Series 2003-4, Class 3A1 4.960%(1) 7/25/2033 $ 262,080 5.0% 782,680 Chase Mortgage Finance Corp., Series 2003-S3, Class A16 5.000% 11/25/2033 745,749 5.2% 535,540 Countrywide Home Loans, Series 2006-J1, Class 3A1 6.000% 2/25/2036 531,120 6.0% 434,277 Vende Mortgage Trust, Series 1998-1, Class 2E 7.000% 9/15/2027 453,996 6.7% ------------ Total Asset-Backed Securities (Identified Cost, $1,975,041) $ 1,992,945 ------------ MORTGAGE-BACKED SECURITIES - 93.7% $ 142,657 FHLMC Gold Pool #C00778 7.000% 6/01/2029 $ 148,413 6.7% 201,890 FHLMC Gold Pool #C47318 7.000% 9/01/2029 212,289 6.7% 100,218 FHLMC Gold Pool #D81642 7.500% 8/01/2027 105,163 7.1% 123,582 FHLMC Gold Pool #E00678 6.500% 6/01/2014 126,962 6.3% 127,971 FHLMC Gold Pool #E00721 6.500% 7/01/2014 131,479 6.3% 136,087 FHLMC Gold Pool #E81704 8.500% 5/01/2015 147,070 7.9% 566,164 FHLMC Gold Pool #E88471 7.500% 1/01/2017 588,928 7.2% 155,936 FHLMC Gold Pool #E90181 6.500% 6/01/2017 159,778 6.3% 868,361 FHLMC Gold Pool #E91228 5.000% 9/01/2017 854,475 5.1% 118,331 FHLMC Gold Pool #G00812 6.500% 4/01/2026 121,328 6.3% 154,154 FHLMC Gold Pool #M90767 4.500% 11/01/2007 153,619 4.5% 192,004 FHLMC Gold Pool #M90796 4.000% 2/01/2008 190,326 4.0% 210,670 FHLMC Gold Pool #M90802 4.000% 3/01/2008 208,653 4.0% 205,227 FHLMC Pool #1B1291 4.396%(1) 11/01/2033 204,301 4.4% 532,382 FHLMC Pool #1G0233 4.988% 5/01/2035 529,074 5.0% 46,883 FHLMC Pool #C00548 7.000% 8/01/2027 48,763 6.7% 184,952 FHLMC Pool #D82572 7.000% 9/01/2027 192,370 6.7% 119,048 FHLMC Pool #765183 5.996%(1) 8/01/2024 120,338 5.9% 412,469 FHLMC Series 15 Class L 7.000% 7/25/2023 428,425 6.7% 200,000 FHLMC Series 2176 Class OJ 7.000% 8/15/2029 207,484 6.7% 140,238 FHLMC Series 2201 Class C 8.000% 11/15/2029 146,907 7.6% 288,645 FHLMC Series 2457 Class PE 6.500% 6/15/2032 295,643 6.3% 60,150 FNMA Pool #254227 5.000% 2/01/2009 60,111 5.0% 21,620 FNMA Pool #254505 5.000% 11/01/2009 21,606 5.0% 582,150 FNMA Pool #255958 5.000% 10/01/2035 547,853 5.3% 285,871 FNMA Pool #313953 7.000% 12/01/2017 298,379 6.7% 104,017 FNMA Pool #535131 6.000% 3/01/2029 104,936 5.9% 153,801 FNMA Pool #535817 7.000% 4/01/2031 160,320 6.7% 135,466 FNMA Pool #545133 6.500% 12/01/2028 139,021 6.3% 92,560 FNMA Pool #663689 5.000% 1/01/2018 90,999 5.1% 497,442 FNMA Pool #673315 5.500% 11/01/2032 488,874 5.6% 357,808 FNMA Pool #705118 4.922%(1) 5/01/2033 354,672 5.0% 63,837 FNMA Pool #733750 6.310% 10/01/2032 65,004 6.2% 1,113,309 FNMA Pool #739798 4.500% 9/01/2018 1,075,159 4.7% 415,823 FNMA Pool #745467 5.808%(1) 4/01/2036 417,509 5.8% 316,150 FNMA Pool #745630 5.500% 1/01/2029 312,044 5.6% 528,573 FNMA Pool #764388 4.957%(1) 3/01/2034 520,288 5.0% 946,985 FNMA Pool #765218 4.000% 1/01/2034 856,243 4.4% 444,751 FNMA Pool #801357 5.500% 8/01/2034 437,091 5.6% 805,029 FNMA Pool #809324 4.767%(1) 2/01/2035 798,745 4.8% 465,658 FNMA Pool #820972 5.009%(1) 5/01/2035 462,059 5.0% 307,357 FNMA Pool #825395 4.845%(1) 7/01/2035 305,108 4.9% 471,627 FNMA Pool #871394 7.000% 4/01/2021 485,652 6.8% 897,142 FNMA Pool #892522 6.187%(1) 8/01/2036 906,641 6.1% 501,269 FNMA Series G93-5, Class Z 6.500% 2/25/2023 511,185 6.4% 35,344 GNMA II Pool #723 7.500% 1/20/2023 36,972 7.2% 3,325 GNMA II Pool #1596 9.000% 4/20/2021 3,584 8.3% 51,955 GNMA II Pool #2268 7.500% 8/20/2026 54,396 7.2% 149,098 GNMA II Pool #2442 6.500% 6/20/2027 152,968 6.3% 5,995 GNMA II Pool #2855 8.500% 12/20/2029 6,442 7.9% 525,667 GNMA II Pool #3053 6.500% 3/20/2031 538,179 6.3% 470,086 GNMA II Pool #3259 5.500% 7/20/2032 462,800 5.6% 307,065 GNMA II Pool #3284 5.500% 9/20/2032 302,306 5.6% 613,334 GNMA II Pool #3388 4.500% 5/20/2033 573,108 4.8% 129,318 GNMA II Pool #3401 4.500% 6/20/2033 120,837 4.8% 107,135 GNMA II Pool #3484 3.500% 9/20/2033 91,296 4.1% 199,515 GNMA II Pool #3554 4.500% 5/20/2034 186,263 4.8% 1,725,482 GNMA II Pool #3556 5.500% 5/20/2034 1,697,862 5.6% 908,206 GNMA II Pool #3734 4.500% 7/20/2035 847,903 4.8% 2,446,004 GNMA II Pool #3747 5.000% 8/20/2035 2,348,998 5.2% 302,625 GNMA II Pool #3920 6.000% 11/20/2036 304,213 6.0% 91,073 GNMA II Pool #81161 5.500%(1) 11/20/2034 92,516 5.4% 114,292 GNMA II Pool #601135 6.310% 9/20/2032 116,099 6.2% 131,390 GNMA II Pool #601255 6.310% 1/20/2033 133,393 6.2% 111,471 GNMA II Pool #608120 6.310% 1/20/2033 113,171 6.2% 600,017 GNMA II Pool #648541 6.000% 10/20/2035 602,467 6.0% 1,955 GNMA Pool #176992 8.000% 11/15/2016 2,062 7.6% 2,423 GNMA Pool #177784 8.000% 10/15/2016 2,556 7.6% 11,588 GNMA Pool #192357 8.000% 4/15/2017 12,248 7.6% 15,599 GNMA Pool #194057 8.500% 4/15/2017 16,767 7.9% 2,476 GNMA Pool #194287 9.500% 3/15/2017 2,695 8.7% 1,375 GNMA Pool #196063 8.500% 3/15/2017 1,478 7.9% 7,140 GNMA Pool #211231 8.500% 5/15/2017 7,675 7.9% 1,373 GNMA Pool #212601 8.500% 6/15/2017 1,476 7.9% 2,477 GNMA Pool #220917 8.500% 4/15/2017 2,662 7.9% 7,620 GNMA Pool #223348 10.000% 8/15/2018 8,644 8.8% 12,157 GNMA Pool #228308 10.000% 1/15/2019 13,834 8.8% 2,819 GNMA Pool #230223 9.500% 4/15/2018 3,079 8.7% 376 GNMA Pool #247473 10.000% 9/15/2018 385 9.7% 3,752 GNMA Pool #251241 9.500% 6/15/2018 4,098 8.7% 3,996 GNMA Pool #260999 9.500% 9/15/2018 4,364 8.7% 5,622 GNMA Pool #263439 10.000% 2/15/2019 6,398 8.8% 1,445 GNMA Pool #265267 9.500% 8/15/2020 1,584 8.7% 1,814 GNMA Pool #266983 10.000% 2/15/2019 2,064 8.8% 2,799 GNMA Pool #273690 9.500% 8/15/2019 3,063 8.7% 823 GNMA Pool #286556 9.000% 3/15/2020 890 8.3% 3,855 GNMA Pool #301366 8.500% 6/15/2021 4,162 7.9% 4,762 GNMA Pool #302933 8.500% 6/15/2021 5,142 7.9% 11,130 GNMA Pool #308792 9.000% 7/15/2021 12,042 8.3% 3,295 GNMA Pool #314222 8.500% 4/15/2022 3,561 7.9% 3,610 GNMA Pool #315187 8.000% 6/15/2022 3,832 7.5% 12,660 GNMA Pool #315754 8.000% 1/15/2022 13,438 7.5% 27,680 GNMA Pool #319441 8.500% 4/15/2022 29,920 7.9% 8,948 GNMA Pool #325165 8.000% 6/15/2022 9,498 7.5% 14,617 GNMA Pool #335950 8.000% 10/15/2022 15,515 7.5% 183,905 GNMA Pool #346987 7.000% 12/15/2023 192,943 6.7% 90,173 GNMA Pool #352001 6.500% 12/15/2023 92,519 6.3% 31,090 GNMA Pool #352110 7.000% 8/15/2023 32,618 6.7% 51,163 GNMA Pool #368238 7.000% 12/15/2023 53,678 6.7% 50,032 GNMA Pool #372379 8.000% 10/15/2026 53,214 7.5% 60,531 GNMA Pool #396537 7.490% 3/15/2025 63,608 7.1% 45,145 GNMA Pool #399726 7.490% 5/15/2025 47,439 7.1% 175,609 GNMA Pool #399788 7.490% 9/15/2025 184,534 7.1% 30,392 GNMA Pool #399958 7.490% 2/15/2027 31,927 7.1% 66,399 GNMA Pool #399964 7.490% 4/15/2026 69,765 7.1% 77,137 GNMA Pool #410215 7.500% 12/15/2025 81,082 7.1% 9,933 GNMA Pool #414736 7.500% 11/15/2025 10,441 7.1% 48,336 GNMA Pool #420707 7.000% 2/15/2026 50,721 6.7% 28,692 GNMA Pool #421829 7.500% 4/15/2026 30,155 7.1% 12,987 GNMA Pool #431036 8.000% 7/15/2026 13,812 7.5% 37,497 GNMA Pool #431612 8.000% 11/15/2026 39,882 7.5% 61,820 GNMA Pool #438004 7.490%(1) 11/15/2026 64,953 7.1% 9,505 GNMA Pool #442190 8.000% 12/15/2026 10,109 7.5% 22,390 GNMA Pool #449176 6.500% 7/15/2028 22,979 6.3% 39,908 GNMA Pool #462623 6.500% 3/15/2028 40,958 6.3% 334,652 GNMA Pool #471369 5.500% 5/15/2033 330,503 5.6% 66,488 GNMA Pool #475149 6.500% 5/15/2013 68,348 6.3% 142,451 GNMA Pool #489377 6.375% 3/15/2029 145,413 6.2% 135,537 GNMA Pool #524811 6.375% 9/15/2029 138,355 6.2% 37,942 GNMA Pool #538314 7.000% 2/15/2032 39,735 6.7% 325,990 GNMA Pool #595606 6.000% 11/15/2032 328,856 5.9% 44,438 GNMA Pool #602377 4.500% 6/15/2018 43,005 4.6% 601,784 GNMA Pool #603250 5.500% 4/15/2034 594,121 5.6% 43,259 GNMA Pool #603377 4.500% 1/15/2018 41,865 4.6% 848,807 GNMA Pool #608639 5.500% 7/15/2024 844,606 5.5% 180,308 GNMA Pool #609452 4.000% 8/15/2033 163,447 4.4% 358,742 GNMA Pool #616829 5.500% 1/15/2025 360,450 5.5% 481,362 GNMA Pool #624600 6.150% 1/15/2034 485,973 6.1% 658,308 GNMA Pool #631623 5.500% 8/15/2034 649,926 5.6% 681,104 GNMA Pool #640225 5.500% 4/15/2035 672,153 5.6% 139,542 GNMA Pool #640940 5.500% 5/15/2035 137,708 5.6% 154,567 GNMA Pool #658267 6.500% 2/15/2022 157,761 6.4% 66,660 GNMA Pool #780429 7.500% 9/15/2026 70,064 7.1% 218,663 GNMA Pool #780977 7.500% 12/15/2028 229,802 7.1% 532,873 GNMA Pool #781120 7.000% 12/15/2029 558,613 6.7% 1,430,903 GNMA Series 1999-4, Class ZB 6.000% 2/20/2029 1,440,020 6.0% 513,697 GNMA Series 2000-14, Class PD 7.000% 2/16/2030 535,339 6.7% 947,690 GNMA Series 2001-2, Class GD 7.500% 7/20/2028 987,937 7.2% 476,015 GNMA Series 2001-4, Class PM 6.500% 3/20/2031 489,568 6.3% 264,029 GNMA Series 2002-7, Class PG 6.500% 1/20/2032 269,461 6.4% 400,000 GNMA Series 2002-40, Class UK 6.500% 6/20/2032 416,107 6.2% 316,138 GNMA Series 2002-45, Class QE 6.500% 6/20/2032 327,544 6.3% 750,000 GNMA Series 2002-47, Class PG 6.500% 7/16/2032 778,523 6.3% ------------ Total Mortgage-Backed Securities (identified cost, $35,874,768) $36,214,732 ------------ SHORT-TERM INVESTMENTS - 1.9% $ 750,000 Federal Home Loan Bank 4.000% 10/01/2007 $ 749,750 4.0% ------------ Total Short-Term Investments (identified cost, $749,750) $ 749,750 ------------ TOTAL INVESTMENTS (identified cost, $38,599,559) - 100.8% $38,957,427 OTHER ASSETS, LESS LIABILITIES - (0.8%) (319,673) ------------ NET ASSETS - 100.0% $38,637,754 ============ FHLMC - Federal Home Loan Mortgage Corp. FNMA - Federal National Mortgage Association GNMA - Government National Mortgage Association (1) Adjustable rate security. Rate shown is the rate at period end. The Fund did not have any open financial instruments at September 30, 2007. The cost and unrealized appreciation (depreciation) in value of the investments owned at September 30, 2007, as computed on a federal income tax basis, were as follows: AGGREGATE COST $38,599,559 ------------ Gross unrealized appreciation $ 717,549 Gross unrealized depreciation (359,681) ------------ NET UNREALIZED APPRECIATION $ 357,868 ============
ITEM 2. CONTROLS AND PROCEDURES (a) It is the conclusion of the registrant's principal executive officer and principal financial officer that the effectiveness of the registrant's current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission's rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant's principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure. (b) There have been no significant changes in the registrant's internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. ITEM 3. EXHIBITS Certification of Principal Executive Officer and Principal Financial Officer of the Registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940(17CFR 270.30a-2(a)) is attached hereto as Exhibit 99Cert. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. The Wright Managed Income Trust (On behalf of Wright Total Return Bond Fund and Wright Current Income Fund). By: /s/ Peter M. Donovan ---------------------- Peter M. Donovan President Date: November 26, 2007 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By: /s/ Barbara E. Campbell ------------------------ Barbara E. Campbell Treasurer Date: November 26, 2007 By: /s/ Peter M. Donovan ---------------------- Peter M. Donovan President Date: November 26, 2007