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VIRTUS TOTAL RETURN FD
VIRTUS TOTAL RETURN FD. Institutional holdings reported to the SEC.

Institutional Holders (2017Q1)
Portfolio Summary: 33 Institutional holders with a total value of $27,205,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Bulldog Investors, LLP 1,804,725 7,887,000 28.99%
2 Advisors Asset Management, Inc. 1,240,441 5,421,000 19.93%
3 SIT INVESTMENT ASSOCIATES INC 468,651 2,048,000 7.53%
4 DESCHUTES PORTFOLIO STRATEGY, LLC 382,980 1,674,000 6.15%
5 MORGAN STANLEY 294,315 1,286,000 4.73%
6 1607 Capital Partners, LLC 107,630 1,197,000 4.40%
7 Shaker Financial Services, LLC 252,711 1,104,000 4.06%
8 STIFEL FINANCIAL CORP 178,851 775,000 2.85%
9 WELLS FARGO & COMPANY/MN 164,597 719,000 2.64%
10 LPL Financial LLC 139,512 610,000 2.24%
11 RELATIVE VALUE PARTNERS GROUP, LLC 133,042 577,000 2.12%
12 RAYMOND JAMES & ASSOCIATES 95,802 419,000 1.54%
13 TFS CAPITAL LLC 87,680 383,000 1.41%
14 GEODE CAPITAL MANAGEMENT, LLC 86,106 376,000 1.38%
15 RIVERNORTH CAPITAL MANAGEMENT, LLC 73,870 323,000 1.19%
16 ICON ADVISERS INC/CO 70,378 308,000 1.13%
17 POTRERO CAPITAL RESEARCH LLC 66,277 290,000 1.07%
18 CSS LLC/IL 63,606 278,000 1.02%
19 UBS Group AG 56,560 247,000 0.91%
20 Saba Capital Management, L.P. 54,836 240,000 0.88%
21 ROYAL BANK OF CANADA 48,237 211,000 0.78%
22 ALLEGIS INVESTMENT ADVISORS, LLC 47,751 209,000 0.77%
23 DOLIVER ADVISORS, LP 35,633 156,000 0.57%
24 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 32,163 141,000 0.52%
25 Cambridge Investment Research Advisors, Inc. 22,505 98,000 0.36%
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 21,787 95,000 0.35%
27 Raymond James Financial Services Advisors, Inc. 14,040 61,000 0.22%
28 ADVISOR GROUP, INC. 5,596 24,000 0.09%
29 CITY HOLDING CO 5,122 22,000 0.08%
30 LADENBURG THALMANN FINANCIAL SERVICES INC. 3,655 16,000 0.06%
31 BANK OF AMERICA CORP /DE/ 1,937 8,000 0.03%
32 Financial Management Professionals, Inc. 520 2,000 0.01%
33 IFP ADVISORS, INC 21 0 0.00%

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.