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Institutional Investment Manager
Shaker Financial Services, LLC
Shaker Financial Services, LLC (CIK: 0001511794) incorporated in Maryland, located at 1100 N. Glebe Rd., Arlington, VA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 90 holdings with a total value of $137,593,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 APOLLO SR FLOATING RATE FD INC COM 55,039 837,000 0.61%
52 ARES DYNAMIC CR ALLOCATION F 52,286 700,000 0.51%
53 CLOUGH GLOBAL DIVND AND INCORPORATED FD 60,199 699,000 0.51%
54 FIRST TR HIGH INCOME L/S FD 45,305 662,000 0.48%
55 ALLIANCE BERNSTEIN INCOME FUND ADVISOR 82,815 650,000 0.47%
56 NUVEEN CORE EQUITY ALPHA FD 38,529 525,000 0.38%
57 ALPINE GLOBAL PREMIER PPTYS FD COM SBI 93,011 520,000 0.38%
58 NEW GERMANY FD INC 34,847 491,000 0.36%
59 GABELLI CONV&INCOM SECS FD I 102,655 472,000 0.34%
60 ZWEIG TOTAL RETURN FD INC 38,827 466,000 0.34%
61 CLOUGH GLOBAL OPPORTUNITIES FD SH BEN INT 48,421 464,000 0.34%
62 WELLS FARGO GLOBAL DIVID OPP 69,531 415,000 0.30%
63 PRINCIPAL REAL ESTATE INCOME 22,844 377,000 0.27%
64 ZWEIG FD 28,164 363,000 0.26%
65 RMR REAL ESTATE INCOME FUND 17,668 341,000 0.25%
66 WESTERN ASSET HGH YLD DFNDFD 24,065 335,000 0.24%
67 MANAGED HIGH YIELD PLUS FUND INC 185,753 331,000 0.24%
68 ALPINE TOTAL DYNAMIC DIVID F 43,270 325,000 0.24%
69 BLACKROCK ENHANCED EQT DIV T 35,087 265,000 0.19%
70 EATON VANCE SHORT COM 19,240 257,000 0.19%
71 WELLS FARGO INCOME OPPORTUNI 31,375 238,000 0.17%
72 PRUDENTIAL GLB SHT DUR HG YL 15,696 234,000 0.17%
73 FRANKLIN UNVL TR 37,521 234,000 0.17%
74 BROOKFIELD GLOBL LISTED INFR 20,500 233,000 0.17%
75 WESTERN ASSET MGD HI INCM FD 52,393 232,000 0.17%
76 COHEN & STEERS GLOBAL INCORPORATED BLDR 26,263 231,000 0.17%
77 NUVEEN QUALITY PFD INC FD 3 26,442 227,000 0.16%
78 ADVENT CLAYMORE CV SECS & INCORPORATED 16,900 223,000 0.16%
79 MFS INTERMEDIATE INCOME TRUST SH BEN INT 48,348 223,000 0.16%
80 DEUTSCHE HIGH INCOME TR 25,866 219,000 0.16%
81 EATON VANCE SR INCOME TR 36,004 208,000 0.15%
82 NUVEEN DOW 30 DYNAMIC OVERWR 14,652 207,000 0.15%
83 Blackrock Multi-Sector Income Trust 13,000 206,000 0.15%
84 NUVEEN CR STRATEGIES INCOME FD COM SHS 25,309 200,000 0.15%
85 NUVEEN GLOBAL EQUITY INCOME 17,843 196,000 0.14%
86 CLOUGH GLOBAL EQUITY FD 16,300 177,000 0.13%
87 MFS CHARTER INCOME TR 20,620 168,000 0.12%
88 NEW IRELAND FD INC 11,498 149,000 0.11%
89 WESTERN ASSET WORLDWIDE INCO 12,102 126,000 0.09%
90 ELLSWORTH GROWTH AND INCOME FU COM 10,931 83,000 0.06%
Page 2 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001172661-16-003204, filed 2016.05.09).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.