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

Institutional Holders (2017Q2)
Portfolio Summary: 33 Institutional holders with a total value of $38,703,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 RAYMOND JAMES & ASSOCIATES 419,938 5,186,000 13.40%
2 DESCHUTES PORTFOLIO STRATEGY, LLC 362,300 4,474,000 11.56%
3 Saba Capital Management, L.P. 310,255 3,832,000 9.90%
4 GEODE CAPITAL MANAGEMENT, LLC 241,154 2,978,000 7.69%
5 SIT INVESTMENT ASSOCIATES INC 207,428 2,562,000 6.62%
6 MORGAN STANLEY 202,552 2,502,000 6.46%
7 Zuckerman Investment Group, LLC 148,490 1,834,000 4.74%
8 CITIGROUP INC 147,567 1,822,000 4.71%
9 BANK OF AMERICA CORP /DE/ 146,053 1,804,000 4.66%
10 WEDBUSH SECURITIES INC 120,568 1,489,000 3.85%
11 WELLS FARGO & COMPANY/MN 103,853 1,283,000 3.31%
12 DOLIVER ADVISORS, LP 97,672 1,206,000 3.12%
13 GUGGENHEIM CAPITAL LLC 95,325 1,177,000 3.04%
14 CLOUGH CAPITAL PARTNERS L P 71,500 883,000 2.28%
15 Invesco Ltd. 67,112 829,000 2.14%
16 CSS LLC/IL 65,828 813,000 2.10%
17 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 63,856 789,000 2.04%
18 HighTower Advisors, LLC 54,614 674,000 1.74%
19 UBS Group AG 33,597 415,000 1.07%
20 Raymond James Financial Services Advisors, Inc. 31,381 388,000 1.00%
21 TFS CAPITAL LLC 26,276 325,000 0.84%
22 Yakira Capital Management, Inc. 21,188 262,000 0.68%
23 MML INVESTORS SERVICES, INC. 14,169 175,000 0.45%
24 GIRARD ADVISORY SERVICES, LLC 14,194 175,000 0.45% SH
25 AHRENS INVESTMENT PARTNERS LLC 13,300 164,000 0.42%
26 Traynor Capital Management, Inc. 12,522 157,000 0.41%
27 HIGHLAND CAPITAL MANAGEMENT LP 12,116 150,000 0.39%
28 SG Americas Securities, LLC 9,709 120,000 0.31%
29 ROYAL BANK OF CANADA 9,390 116,000 0.30%
30 LADENBURG THALMANN FINANCIAL SERVICES INC. 7,406 91,000 0.24%
31 ADVISOR GROUP, INC. 1,045 13,000 0.03%
32 NEXT Financial Group, Inc 712 9,000 0.02%
33 SEI INVESTMENTS CO 500 6,000 0.02%

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.