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

Institutional Holders (2015Q1)
Portfolio Summary: 26 Institutional holders with a total value of $14,868,020.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 IFC Holdings Incorporated/FL 206,275 3,075,000 20.68%
2 MORGAN STANLEY 195,933 2,949,000 19.83%
3 LPL Financial LLC 184,901 2,775,000 18.66%
4 Advisors Asset Management, Inc. 166,099 2,500,000 16.81%
5 GUGGENHEIM CAPITAL LLC 62,177 935,000 6.29%
6 BENJAMIN F. EDWARDS & COMPANY, INC. 25,610 385,000 2.59%
7 DOLIVER ADVISORS, LP 23,907 360,000 2.42%
8 WELLS FARGO & COMPANY/MN 21,641 326,000 2.19%
9 UBS Group AG 15,681 236,000 1.59%
10 WEDBUSH SECURITIES INC 13,438 202,000 1.36%
11 SIT INVESTMENT ASSOCIATES INC 13,205 199,000 1.34%
12 WOLVERINE ASSET MANAGEMENT LLC 12,350 185,000 1.24%
13 Capital Investment Advisors, LLC 30,092 176,000 1.18%
14 Sunbelt Securities, Inc. 9,970 150,055 1.01%
15 ROYAL BANK OF CANADA 8,627 130,000 0.87%
16 BANK OF AMERICA CORP /DE/ 6,164 93,000 0.63%
17 MSI Financial Services Inc 3,284 49,000 0.33%
18 HUNTINGTON NATIONAL BANK 3,225 49,000 0.33%
19 Regal Investment Advisors LLC 1,696 26,000 0.17%
20 LADENBURG THALMANN FINANCIAL SERVICES INC. 905 14,000 0.09%
21 CITIGROUP INC 898 14,000 0.09%
22 AMERICAN INTERNATIONAL GROUP, INC. 795 11,965 0.08%
23 NEXT Financial Group, Inc 712 10,000 0.07%
24 SEI INVESTMENTS CO 500 8,000 0.05%
25 Sandy Spring Bank 507 8,000 0.05%
26 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.