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DIVIDEND & INCOME FUND
DIVIDEND & INCOME FUND. Institutional holdings reported to the SEC.

Institutional Holders (2014Q2)
Portfolio Summary: 23 Institutional holders with a total value of $23,397,726.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Advisors Asset Management, Inc. 612,196 9,771,000 41.76%
2 IFC Holdings Incorporated/FL 219,625 3,495,000 14.94%
3 SIT INVESTMENT ASSOCIATES INC 159,739 2,549,000 10.89%
4 MORGAN STANLEY 132,787 2,119,000 9.06%
5 WELLS FARGO & COMPANY/MN 69,137 1,103,000 4.71%
6 TFS CAPITAL LLC 52,947 845,000 3.61%
7 Yakira Capital Management, Inc. 38,439 613,000 2.62% SH
8 NATIONAL PLANNING CORP 34,920 557,000 2.38%
9 GUGGENHEIM CAPITAL LLC 27,468 438,000 1.87%
10 Virtu KCG Holdings LLC 22,480 359,000 1.53%
11 Gramercy Funds Management LLC 21,080 336,000 1.44%
12 Thomas J. Herzfeld Advisors, Inc. 16,570 264,000 1.13%
13 LPL Financial LLC 14,370 229,000 0.98%
14 HIGHLAND CAPITAL MANAGEMENT LP 13,475 215,000 0.92%
15 Capital Investment Advisors, LLC 12,189 195,000 0.83%
16 ROYAL BANK OF CANADA 7,362 117,000 0.50%
17 UBS AG 5,357 86,000 0.37%
18 BANK OF AMERICA CORP /DE/ 4,552 73,000 0.31%
19 AMERICAN INTERNATIONAL GROUP, INC. 795 12,688 0.05%
20 NEXT Financial Group, Inc 712 11,000 0.05%
21 B. Riley Wealth Advisors, Inc. 253 4,038 0.02%
22 NEW ENGLAND SECURITIES CORP /MA/ 269 4,000 0.02%
23 Creative Planning 150 2,000 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.