N-Q 1 dnqwrightincome.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-03668

THE WRIGHT MANAGED INCOME TRUST
177 West Putnam Ave.
Greenwich, Connecticut 06830


Michael J. McKeen, Principal Financial Officer
Three Canal Plaza, Suite 600
Portland, ME 04101
207-347-2000


Date of fiscal year end: December 31

Date of reporting period: January 1, 2016 – March 31, 2016
 
 
 
Item 1.  Schedule of Investments.
 

Wright Current Income Fund (WCIF)
Portfolio of Investments – As of March 31, 2016 (Unaudited)
 
 
Face Amount
 
Description
 
Coupon Rate
   
Maturity Date
   
Value
 

FIXED INCOME INVESTMENTS - 96.8%


AGENCY MORTGAGE-BACKED SECURITIES - 94.2%
$
183,968
 
FHLMC Gold Pool #A37619
 
4.500
%
   
09/01/35
 
 $
200,548
 
 
264,590
 
FHLMC Gold Pool #A39555
 
5.500
%
   
11/01/35
   
300,504
 
 
473,403
 
FHLMC Gold Pool #A88945
 
4.000
%
   
08/01/39
   
510,690
 
 
23,799
 
FHLMC Gold Pool #C00778
 
7.000
%
   
06/01/29
   
28,290
 
 
337,950
 
FHLMC Gold Pool #C03552
 
4.500
%
   
08/01/40
   
372,878
 
 
917,333
 
FHLMC Gold Pool #G01838
 
5.000
%
   
07/01/35
   
1,018,267
 
 
732,433
 
FHLMC Gold Pool #G05457
 
4.500
%
   
05/01/39
   
807,679
 
 
351,654
 
FHLMC Gold Pool #G07025
 
5.000
%
   
02/01/42
   
387,786
 
 
122,397
 
FHLMC Gold Pool #G08022
 
6.000
%
   
11/01/34
   
140,310
 
 
114,340
 
FHLMC Gold Pool #G08047
 
6.000
%
   
03/01/35
   
131,717
 
 
590,617
 
FHLMC Gold Pool #G08378
 
6.000
%
   
10/01/39
   
670,190
 
 
334,238
 
FHLMC Gold Pool #G30285
 
6.000
%
   
02/01/26
   
378,513
 
 
90,209
 
FHLMC Gold Pool #G80111
 
7.300
%
   
12/17/22
   
99,350
 
 
16,797
 
FHLMC Gold Pool #H09098
 
6.500
%
   
10/01/37
   
18,837
 
 
122,587
 
FHLMC Gold Pool #P00024
 
7.000
%
   
09/01/32
   
142,046
 
 
635,853
 
FHLMC Gold Pool #P50079
 
5.000
%
   
07/01/33
   
701,340
 
 
180,456
 
FHLMC Gold Pool #T30126
 
5.550
%
   
07/01/37
   
200,714
 
 
230,812
 
FHLMC Gold Pool #T30133
 
5.550
%
   
07/01/37
   
256,836
 
 
450,984
 
FHLMC Gold Pool #T60798
 
3.500
%
   
07/01/42
   
465,295
 
 
198,591
 
FHLMC Gold Pool #U30400
 
5.550
%
   
06/01/37
   
220,846
 
 
1,737,937
 
FHLMC Gold Pool #U80611
 
4.500
%
   
11/01/33
   
1,928,293
 
 
242,491
 
FHLMC, Series 2097, Class PZ
 
6.000
%
   
11/15/28
   
276,855
 
 
40,419
 
FHLMC, Series 2176, Class OJ
 
7.000
%
   
08/15/29
   
47,204
 
 
28,625
 
FHLMC, Series 2201, Class C
 
8.000
%
   
11/15/29
   
33,059
 
 
115,681
 
FHLMC, Series 2218, Class ZB
 
6.000
%
   
03/15/30
   
131,361
 
 
28,875
 
FHLMC, Series 2576, Class HC
 
5.500
%
   
03/15/33
   
31,840
 
 
88,626
 
FHLMC, Series 2802, Class OH
 
6.000
%
   
05/15/34
   
97,161
 
 
279,297
 
FHLMC, Series 3033, Class WY
 
5.500
%
   
09/15/35
   
320,234
 
 
105,369
 
FHLMC, Series 3072, Class DL
 
6.000
%
   
02/15/35
   
117,776
 
 
368,683
 
FHLMC, Series 3143, Class BC
 
5.500
%
   
02/15/36
   
414,977
 
 
52,068
 
FHLMC, Series 3255, Class QE
 
5.500
%
   
12/15/36
   
58,251
 
 
361,705
 
FHLMC, Series 3677, Class PB
 
4.500
%
   
05/15/40
   
391,536
 
 
458,790
 
FHLMC, Series 3926, Class OP
 
6.000
%
   
08/15/25
   
514,013
 
 
858,475
 
FHLMC, Series 3969, Class JY
 
4.500
%
   
12/15/41
   
1,017,462
 
 
1,538,834
 
FHLMC, Series 4011, Class DB
 
4.000
%
   
09/15/41
   
1,729,482
 
 
206,511
 
FHLMC, Series 4050, Class NK
 
4.500
%
   
09/15/41
   
229,655
 
 
1,000,000
 
FHLMC, Series 4299, Class JY
 
4.000
%
   
01/15/44
   
1,163,147
 
 
29,364
 
FHLMC-GNMA, Series 23, Class KZ
 
6.500
%
   
11/25/23
   
32,928
 
 
239,539
 
FNMA Pool #252034
 
7.000
%
   
09/01/28
   
276,160
 
 
29,162
 
FNMA Pool #252215
 
6.000
%
   
11/01/28
   
33,207
 
 
254,885
 
FNMA Pool #256182
 
6.000
%
   
03/01/36
   
282,875
 
 
32,816
 
FNMA Pool #256972
 
6.000
%
   
11/01/37
   
36,463
 
 
181,658
 
FNMA Pool #257138
 
5.000
%
   
03/01/38
   
194,664
 
 
1,284,419
 
FNMA Pool #463331
 
5.250
%
   
08/01/29
   
1,529,109
 
 
618,396
 
FNMA Pool #465714
 
4.680
%
   
08/01/28
   
709,444
 
 
235,986
 
FNMA Pool #469130
 
4.870
%
   
10/01/41
   
292,989
 
 
59,343
 
FNMA Pool #594207
 
6.500
%
   
02/01/31
   
68,170
 
 
186,629
 
FNMA Pool #687887
 
5.500
%
   
03/01/33
   
214,871
 
 
354,891
 
FNMA Pool #694795
 
5.500
%
   
04/01/33
   
409,148
 
 
128,642
 
FNMA Pool #724888
 
5.500
%
   
06/01/33
   
142,115
 
 
144,802
 
FNMA Pool #735861
 
6.500
%
   
09/01/33
   
164,938
 
 
285,369
 
FNMA Pool #745318
 
5.000
%
   
12/01/34
   
317,520
 
 
223,474
 
FNMA Pool #801506
 
4.750
%
   
09/01/34
   
245,022
 
 
 
 
 

Wright Current Income Fund (WCIF)
Portfolio of Investments – As of March 31, 2016 (Unaudited)


 
Face Amount
 
Description
 
Coupon Rate
   
Maturity Date
   
Value
 

$
97,005
 
FNMA Pool #813839
 
6.000
%
   
11/01/34
 
$
109,027
 
 
379,031
 
FNMA Pool #819457
 
4.750
%
   
02/01/35
   
416,711
 
 
1,364,204
 
FNMA Pool #821082
 
6.000
%
   
03/01/35
   
1,509,365
 
 
215,906
 
FNMA Pool #831927
 
6.000
%
   
12/01/36
   
248,590
 
 
680,919
 
FNMA Pool #846323
 
4.250
%
   
11/01/35
   
737,033
 
 
579,582
 
FNMA Pool #851762
 
4.250
%
   
01/01/36
   
627,072
 
 
499,866
 
FNMA Pool #883281
 
7.000
%
   
07/01/36
   
623,343
 
 
60,427
 
FNMA Pool #888534
 
5.000
%
   
08/01/37
   
67,072
 
 
821,173
 
FNMA Pool #891367
 
4.750
%
   
04/01/36
   
912,462
 
 
121,833
 
FNMA Pool #908160
 
5.500
%
   
12/01/36
   
131,893
 
 
170,098
 
FNMA Pool #930504
 
5.000
%
   
02/01/39
   
186,867
 
 
51,008
 
FNMA Pool #930664
 
6.500
%
   
03/01/39
   
58,325
 
 
494,754
 
FNMA Pool #940441
 
5.780
%
   
03/01/37
   
563,247
 
 
180,397
 
FNMA Pool #954633
 
5.500
%
   
02/01/37
   
201,523
 
 
24,873
 
FNMA Pool #954957
 
6.000
%
   
10/01/37
   
27,526
 
 
176,745
 
FNMA Pool #995656
 
7.000
%
   
06/01/33
   
210,949
 
 
462,657
 
FNMA Pool #AC9581
 
5.500
%
   
01/01/40
   
521,498
 
 
254,823
 
FNMA Pool #AL6860
 
4.500
%
   
03/01/44
   
281,707
 
 
539,016
 
FNMA Pool #AM3191
 
3.380
%
   
05/01/28
   
574,754
 
 
220,132
 
FNMA Pool #AM4671
 
5.320
%
   
10/01/43
   
280,414
 
 
821,715
 
FNMA Pool #AM5015
 
4.940
%
   
12/01/43
   
1,037,856
 
 
170,369
 
FNMA Whole Loan, Series 2003-W17, Class 1A7
 
5.750
%
   
08/25/33
   
194,772
 
 
257,660
 
FNMA Whole Loan, Series 2004-W11, Class 1A1
 
6.000
%
   
05/25/44
   
306,154
 
 
152,102
 
FNMA, Series 2001-52, Class XZ
 
6.500
%
   
10/25/31
   
178,424
 
 
55,600
 
FNMA, Series 2003-30, Class JQ
 
5.500
%
   
04/25/33
   
61,760
 
 
297,503
 
FNMA, Series 2003-32, Class BZ
 
6.000
%
   
11/25/32
   
343,106
 
 
181,601
 
FNMA, Series 2004-17, Class H
 
5.500
%
   
04/25/34
   
202,986
 
 
264,478
 
FNMA, Series 2004-25, Class LC
 
5.500
%
   
04/25/34
   
297,883
 
 
237,566
 
FNMA, Series 2004-25, Class UC
 
5.500
%
   
04/25/34
   
264,161
 
 
110,686
 
FNMA, Series 2005-106, Class UK
 
5.500
%
   
12/25/35
   
117,945
 
 
172,000
 
FNMA, Series 2005-120, Class PB
 
6.000
%
   
01/25/36
   
209,671
 
 
142,714
 
FNMA, Series 2005-58, Class BC
 
5.500
%
   
07/25/25
   
158,182
 
 
762,722
 
FNMA, Series 2006-24, Class Z
 
5.500
%
   
04/25/36
   
863,411
 
 
788,000
 
FNMA, Series 2006-74, Class PD
 
6.500
%
   
08/25/36
   
904,207
 
 
230,025
 
FNMA, Series 2007-76, Class PE
 
6.000
%
   
08/25/37
   
257,745
 
 
665,672
 
FNMA, Series 2007-81, Class GE
 
6.000
%
   
08/25/37
   
731,217
 
 
595,128
 
FNMA, Series 2008-60, Class JC
 
5.000
%
   
07/25/38
   
662,100
 
 
150,000
 
FNMA, Series 2009-50, Class AX
 
5.000
%
   
07/25/39
   
183,313
 
 
218,241
 
FNMA, Series 2010-68, Class GE
 
4.500
%
   
07/25/40
   
232,929
 
 
149,039
 
FNMA, Series 2012-51, Class B
 
7.000
%
   
05/25/42
   
174,180
 
 
675,250
 
FNMA, Series 2013-17, Class YM
 
4.000
%
   
03/25/33
   
738,740
 
 
101,117
 
FNMA, Series G93-5, Class Z
 
6.500
%
   
02/25/23
   
112,491
 
 
1,578
 
GNMA I Pool #602377
 
4.500
%
   
06/15/18
   
1,622
 
 
833
 
GNMA I Pool #603377
 
4.500
%
   
01/15/18
   
855
 
 
199,123
 
GNMA I Pool #615272
 
4.500
%
   
07/15/33
   
221,544
 
 
130,665
 
GNMA I Pool #626755
 
5.000
%
   
03/15/35
   
146,681
 
 
180,624
 
GNMA I Pool #644970
 
5.000
%
   
06/15/35
   
202,692
 
 
106,259
 
GNMA I Pool #647406
 
5.000
%
   
09/15/35
   
119,274
 
 
146,423
 
GNMA I Pool #650493
 
5.000
%
   
01/15/36
   
164,227
 
 
130,186
 
GNMA I Pool #675477
 
5.000
%
   
06/15/38
   
144,607
 
 
360,554
 
GNMA I Pool #678649
 
4.000
%
   
12/15/39
   
391,847
 
 
158,467
 
GNMA I Pool #697999
 
4.500
%
   
02/15/24
   
168,667
 
 
366,310
 
GNMA I Pool #711286
 
6.500
%
   
10/15/32
   
419,573
 
 
518,830
 
GNMA I Pool #737844
 
3.500
%
   
01/15/26
   
549,461
 
 
521,300
 
GNMA I Pool #752112
 
3.500
%
   
01/15/33
   
556,768
 
 
153,098
 
GNMA I Pool #760369
 
5.000
%
   
08/15/41
   
169,019
 
 
 
 
 

Wright Current Income Fund (WCIF)
Portfolio of Investments – As of March 31, 2016 (Unaudited)

 
 
Face Amount
 
Description
 
Coupon Rate
   
Maturity Date
   
Value
 

$
268,945
 
GNMA I Pool #781341
 
6.000
%
   
10/15/31
 
$
310,068
 
 
491,348
 
GNMA I Pool #781886
 
5.500
%
   
03/15/35
   
561,007
 
 
114,720
 
GNMA I Pool #782771
 
4.500
%
   
09/15/24
   
123,431
 
 
790,460
 
GNMA II Pool #003066
 
5.500
%
   
04/20/31
   
887,199
 
 
35,249
 
GNMA II Pool #003284
 
5.500
%
   
09/20/32
   
39,442
 
 
164,619
 
GNMA II Pool #003403
 
5.500
%
   
06/20/33
   
186,341
 
 
338,692
 
GNMA II Pool #003638
 
6.000
%
   
11/20/34
   
396,826
 
 
91,105
 
GNMA II Pool #003689
 
4.500
%
   
03/20/35
   
98,630
 
 
336,324
 
GNMA II Pool #003909
 
5.500
%
   
10/20/36
   
375,238
 
 
12,586
 
GNMA II Pool #004284
 
5.500
%
   
11/20/38
   
13,358
 
 
142,954
 
GNMA II Pool #004291
 
6.000
%
   
11/20/38
   
164,022
 
 
78,611
 
GNMA II Pool #004412
 
5.000
%
   
04/20/39
   
82,971
 
 
200,814
 
GNMA II Pool #004561
 
6.000
%
   
10/20/39
   
230,607
 
 
138,905
 
GNMA II Pool #004702
 
3.500
%
   
06/20/25
   
146,309
 
 
157,882
 
GNMA II Pool #004753
 
8.000
%
   
08/20/30
   
179,527
 
 
613,540
 
GNMA II Pool #004838
 
6.500
%
   
10/20/40
   
713,943
 
 
1,150,959
 
GNMA II Pool #442324
 
4.500
%
   
08/20/41
   
1,246,079
 
 
137,984
 
GNMA II Pool #610116
 
5.760
%
   
04/20/33
   
154,388
 
 
200,006
 
GNMA II Pool #648541
 
6.000
%
   
10/20/35
   
217,443
 
 
685,119
 
GNMA II Pool #781642
 
5.500
%
   
08/20/33
   
774,653
 
 
544,470
 
GNMA II Pool #AG0467
 
4.000
%
   
04/20/44
   
582,424
 
 
133,618
 
GNMA II Pool #MA2295
 
4.500
%
   
10/20/44
   
138,954
 
 
1,667,995
 
GNMA II Pool #MA2681
 
5.000
%
   
03/20/45
   
1,817,101
 
 
176,548
 
GNMA, Series 2002-33, Class ZD
 
6.000
%
   
05/16/32
   
200,015
 
 
59,454
 
GNMA, Series 2002-45, Class QE
 
6.500
%
   
06/20/32
   
70,344
 
 
52,496
 
GNMA, Series 2002-7, Class PG
 
6.500
%
   
01/20/32
   
61,900
 
 
131,909
 
GNMA, Series 2003-103, Class PC
 
5.500
%
   
11/20/33
   
149,695
 
 
91,010
 
GNMA, Series 2003-26, Class MA
 
5.500
%
   
03/20/33
   
97,510
 
 
154,000
 
GNMA, Series 2003-46, Class HA
 
4.500
%
   
06/20/33
   
168,280
 
 
179,000
 
GNMA, Series 2003-46, Class MA
 
5.000
%
   
05/20/33
   
188,073
 
 
417,892
 
GNMA, Series 2003-46, Class ND
 
5.000
%
   
06/20/33
   
474,237
 
 
363,109
 
GNMA, Series 2003-57, Class C
 
4.500
%
   
04/20/33
   
404,722
 
 
111,000
 
GNMA, Series 2003-84, Class PC
 
5.500
%
   
10/20/33
   
124,294
 
 
36,447
 
GNMA, Series 2004-16, Class GB
 
5.500
%
   
06/20/33
   
37,895
 
 
211,000
 
GNMA, Series 2005-13, Class BE
 
5.000
%
   
09/20/34
   
226,219
 
 
675,287
 
GNMA, Series 2005-17, Class GE
 
5.000
%
   
02/20/35
   
767,351
 
 
237,930
 
GNMA, Series 2005-49, Class B
 
5.500
%
   
06/20/35
   
268,186
 
 
195,056
 
GNMA, Series 2005-51, Class DC
 
5.000
%
   
07/20/35
   
218,113
 
 
69,422
 
GNMA, Series 2005-93, Class BH
 
5.500
%
   
06/20/35
   
79,076
 
 
43,371
 
GNMA, Series 2007-18, Class B
 
5.500
%
   
05/20/35
   
50,478
 
 
421,749
 
GNMA, Series 2007-59, Class ZT
 
5.500
%
   
10/20/37
   
469,404
 
 
1,012,186
 
GNMA, Series 2007-6, Class LE
 
5.500
%
   
02/20/37
   
1,138,025
 
 
102,139
 
GNMA, Series 2007-68, Class NA
 
5.000
%
   
11/20/37
   
113,919
 
 
59,677
 
GNMA, Series 2007-70, Class PE
 
5.500
%
   
11/20/37
   
65,908
 
 
240,000
 
GNMA, Series 2008-26, Class JP
 
5.250
%
   
03/20/38
   
272,936
 
 
300,000
 
GNMA, Series 2008-35, Class EH
 
5.500
%
   
03/20/38
   
339,519
 
 
468,283
 
GNMA, Series 2008-35, Class NF
 
5.000
%
   
04/20/38
   
524,337
 
 
481,453
 
GNMA, Series 2008-38, Class PL
 
5.500
%
   
05/20/38
   
543,932
 
 
314,000
 
GNMA, Series 2008-65, Class CM
 
5.000
%
   
08/20/38
   
355,473
 
 
1,952,000
 
GNMA, Series 2008-65, Class PG
 
6.000
%
   
08/20/38
   
2,247,518
 
 
157,000
 
GNMA, Series 2009-47, Class LT
 
5.000
%
   
06/20/39
   
183,408
 
 
592,650
 
GNMA, Series 2009-57, Class VB
 
5.000
%
   
06/16/39
   
696,303
 
 
551,648
 
GNMA, Series 2009-61, Class ZQ
 
6.000
%
   
08/16/39
   
743,368
 
 
609,496
 
GNMA, Series 2009-93, Class AY
 
5.000
%
   
10/20/39
   
684,965
 
 
2,000,000
 
GNMA, Series 2010-116, Class PB
 
5.000
%
   
06/16/40
   
2,443,173
 
 
 
 

Wright Current Income Fund (WCIF)
Portfolio of Investments – As of March 31, 2016 (Unaudited)

 
 
 
Face Amount
 
Description
 
Coupon Rate
   
Maturity Date
   
Value
 

$
320,960
 
GNMA, Series 2012-124, Class NE
 
2.000
%
   
10/20/42
 
$
270,861
 
 
Total Agency Mortgage-Backed Securities (identified cost, $62,648,070)
 
$
64,403,411
 


OTHER U.S. GOVERNMENT GUARANTEED - 2.6%


INDUSTRIALS - 2.6%
$
1,497,000
 
Vessel Management Services, Inc.
 
5.125
%
   
04/16/35
 
 $
1,770,822
 

Total Other U.S. Government Guaranteed (identified cost, $1,715,943)
 
$
1,770,822
 

TOTAL FIXED INCOME INVESTMENTS (identified cost, $64,364,013) — 96.8%
 
$
66,174,233
 

SHORT-TERM INVESTMENTS - 4.6%

$
3,153,820
 
Fidelity Government Money Market Fund, 0.23% (1)
             
 $
3,153,820
 
 

TOTAL SHORT-TERM INVESTMENTS (identified cost, $3,153,820) — 4.6%
 
$
3,153,820
 

TOTAL INVESTMENTS (identified cost, $67,517,833) — 101.4%
 
$
69,328,053
 

LIABILITIES, IN EXCESS OF OTHER ASSETS — (1.4)%
   
(929,753
)

NET ASSETS — 100.0%
 
$
68,398,300
 

FHLMC — Federal Home Loan Mortgage Corporation
FNMA — Federal National Mortgage Association
GNMA — Government National Mortgage Association
(1) Variable rate security. Rate presented is as of March 31, 2016.

*  Cost for federal income tax purposes is substantially the same as for financial statement purposes and net unrealized appreciation consists of:
Gross Unrealized Appreciation
 
$
2,061,912
 
Gross Unrealized Depreciation
   
(251,692
)
Net Unrealized Appreciation
 
$
1,810,220
 

The Fund has a three-tier fair value hierarchy. The basis of the tiers is dependent upon the various "inputs" used to determine the value of the Fund's investments. These inputs are summarized in the three broad levels listed below:
Level 1 – quoted prices in active markets for identical assets
Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The following is a summary of the inputs used to value the Fund's investments as of March 31, 2016.

 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Observable Inputs(Level 3)
 
Total

Agency Mortgage-Backed Securities
 
$
-
   
$
64,403,411
   
$
-
   
$
64,403,411
 
Other U.S. Government Guaranteed
   
-
     
1,770,822
     
-
     
1,770,822
 
Short-Term Investments
   
-
     
3,153,820
     
-
     
3,153,820
 

Total Investments
 
$
-
   
$
69,328,053
   
$
-
   
$
69,328,053
 

The level classification by major category of investments is the same as the category presentation in the Fund's Portfolio of Investments.
The Fund utilizes the end of period methodology when determining transfers. There were no transfers among Level 1, Level 2 and Level 3 for the period ended March 31, 2016.
THE PORTFOLIO OF INVESTMENTS SHOULD BE READ IN CONJUNCTION WITH THE FINANCIAL STATEMENTS AND NOTES TO FINANCIAL STATEMENTS WHICH ARE INCLUDED IN THE FUND'S AUDITED ANNUAL REPORT OR SEMI-ANNUAL REPORT. THESE REPORTS INCLUDE ADDITIONAL INFORMATION ABOUT THE FUND'S SECURITY VALUATION POLICIES AND ABOUT CERTAIN SECURITY TYPES INVESTED BY THE FUND.

 
 
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 reporting 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 Current Income Fund)


By: /s/ Peter M. Donovan
      Peter M. Donovan
      President; Principal Executive Officer

Date: May 5, 2016

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/ Peter M. Donovan
    Peter M. Donovan
    President; Principal Executive Officer

Date: May 5, 2016


By: /s/ Michael J. McKeen
     Michael J. McKeen
      Treasurer; Principal Financial Officer

Date: May 5, 2016