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Virtus Total Return Fund
Virtus Total Return Fund. Institutional holdings reported to the SEC.

Institutional Holders (2016Q2)
Portfolio Summary: 35 Institutional holders with a total value of $55,794,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Bulldog Investors, LLP 4,391,983 20,378,000 36.52%
2 Advisors Asset Management, Inc. 2,860,532 13,216,000 23.69%
3 RIVERNORTH CAPITAL MANAGEMENT, LLC 1,108,099 5,141,000 9.21%
4 MORGAN STANLEY 698,656 3,242,000 5.81%
5 ICON ADVISERS INC/CO 643,265 2,985,000 5.35%
6 SIT INVESTMENT ASSOCIATES INC 498,580 2,313,000 4.15%
7 Shaker Financial Services, LLC 371,904 1,726,000 3.09%
8 WELLS FARGO & COMPANY/MN 263,107 1,221,000 2.19%
9 MARINER INVESTMENT GROUP LLC 258,395 1,199,000 2.15%
10 Saba Capital Management, L.P. 147,879 683,000 1.22%
11 LPL Financial LLC 130,186 604,000 1.08%
12 ROYAL BANK OF CANADA 108,508 503,000 0.90%
13 RAYMOND JAMES & ASSOCIATES 87,300 405,000 0.73%
14 FINANCIAL & INVESTMENT MANAGEMENT GROUP LTD 85,650 397,000 0.71%
15 CLOUGH CAPITAL PARTNERS L P 76,600 355,000 0.64%
16 UBS Group AG 54,042 251,000 0.45%
17 CITIGROUP INC 51,691 239,000 0.43%
18 CSS LLC/IL 33,516 156,000 0.28%
19 RELATIVE VALUE PARTNERS GROUP, LLC 24,346 111,000 0.20%
20 LADENBURG THALMANN FINANCIAL SERVICES INC. 22,871 106,000 0.19%
21 Cambridge Investment Research Advisors, Inc. 17,695 82,000 0.15%
22 DOLIVER ADVISORS, LP 16,213 75,000 0.13%
23 STIFEL FINANCIAL CORP 14,098 66,000 0.12%
24 STRATEGIC INVESTMENT MANAGEMENT, LLC 14,000 64,000 0.11%
25 ALLEGIS INVESTMENT ADVISORS, LLC 12,598 58,000 0.10%
26 ENVESTNET ASSET MANAGEMENT INC 11,872 55,000 0.10%
27 ADVISOR GROUP, INC. 11,500 52,000 0.09%
28 Raymond James Financial Services Advisors, Inc. 11,268 52,000 0.09%
29 CITY HOLDING CO 5,122 24,000 0.04%
30 MSI Financial Services Inc 1,752 8,000 0.01%
31 IFP ADVISORS, INC 1,568 7,000 0.01%
32 TD Capital Management LLC 1,243 6,000 0.01%
33 Financial Management Professionals, Inc. 1,402 6,000 0.01%
34 BANK OF AMERICA CORP /DE/ 1,000 5,000 0.01%
35 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 554 3,000 0.01%

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.