Relative Value Partners

Relative Value Partners as of Sept. 30, 2016

Portfolio Holdings for Relative Value Partners

Relative Value Partners holds 125 positions in its portfolio as reported in the September 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares S&P 100 Index (OEF) 7.3 $57M 592k 95.93
BlackRock Floating Rate Income Strat. Fn (FRA) 5.0 $38M 2.8M 13.86
MFS Charter Income Trust (MCR) 4.9 $38M 4.4M 8.64
Nuveen Mtg opportunity term (JLS) 4.5 $35M 1.5M 24.18
Tri-Continental Corporation (TY) 4.4 $34M 1.6M 21.38
Special Opportunities Fund (SPE) 4.2 $32M 2.2M 14.91
BlackRock Credit All Inc Trust IV (BTZ) 3.9 $30M 2.3M 13.35
Eaton Vance Limited Duration Income Fund (EVV) 3.8 $30M 2.2M 13.71
TCW Strategic Income Fund (TSI) 3.8 $30M 5.6M 5.30
BlackRock Enhanced Dividend Achievers Tr (BDJ) 3.7 $29M 3.6M 7.89
Vanguard Total Bond Market ETF (BND) 3.6 $28M 334k 84.14
Special Opp 3.5% Pfd Conv 3.4 $26M 1.0M 25.81
Vanguard Total Stock Market ETF (VTI) 2.7 $21M 187k 111.33
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 2.5 $20M 186k 105.76
PowerShares FTSE RAFI US 1000 2.4 $18M 195k 93.60
iShares Lehman 7-10 Yr Treas. Bond (IEF) 2.3 $18M 160k 111.88
Diversified Real Asset Inc F 2.2 $17M 1.0M 17.24
Virtus Global Divid Income F (ZTR) 2.1 $16M 1.3M 12.04
MFS Intermediate Income Trust (MIN) 2.0 $15M 3.4M 4.53
Royce Value Trust (RVT) 1.9 $15M 1.2M 12.66
wisdomtreetrusdivd.. (DGRW) 1.8 $14M 422k 32.29
Liberty All-Star Equity Fund (USA) 1.5 $12M 2.2M 5.18
Western Asset Vrble Rate Strtgc Fnd 1.5 $11M 708k 15.95
MFS Government Markets Income Trust (MGF) 1.4 $11M 2.0M 5.40
Vanguard Information Technology ETF (VGT) 1.3 $10M 85k 120.37
Alerian Mlp Etf 1.2 $9.4M 743k 12.69
Allianzgi Nfj Divid Int Prem S cefs 1.2 $9.0M 710k 12.64
Deutsche High Income Opport 1.1 $8.8M 620k 14.15
SPDR KBW Bank (KBE) 1.1 $8.6M 257k 33.38
BlackRock Ltd. Duration Income Trust (BLW) 1.1 $8.2M 529k 15.52
Eaton Vance Tax Managed Diversified Eq. (ETY) 1.0 $7.8M 724k 10.71
General American Investors (GAM) 0.9 $6.8M 209k 32.65
BlackRock Global Opportunities Equity Tr (BOE) 0.8 $6.4M 524k 12.25
Nuveen Senior Income Fund 0.8 $6.0M 920k 6.54
Nuveen Mortgage opportunity trm fd2 0.6 $4.7M 200k 23.72
MFS Multimarket Income Trust (MMT) 0.6 $4.7M 768k 6.09
Eaton Vance Short Duration Diversified I (EVG) 0.6 $4.5M 327k 13.71
Zweig Fund 0.6 $4.5M 349k 12.95
Pioneer Floating Rate Trust (PHD) 0.6 $4.3M 368k 11.80
BlackRock Enhanced Government Fund (EGF) 0.5 $4.2M 304k 13.77
Franklin Templeton (FTF) 0.5 $3.9M 325k 12.09
Pennantpark Floating Rate Capi (PFLT) 0.3 $2.3M 172k 13.23
Deutsche Multi-mkt Income Tr Shs cef 0.3 $2.2M 254k 8.55
Ares Capital Corporation (ARCC) 0.3 $2.1M 136k 15.50
Anworth Mortgage Asset Corporation 0.3 $2.0M 403k 4.92
MFA Mortgage Investments 0.2 $1.9M 257k 7.48
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.2 $1.9M 15k 126.57
Ares Coml Real Estate (ACRE) 0.2 $2.0M 155k 12.60
Ladder Capital Corp Class A (LADR) 0.2 $1.9M 146k 13.24
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.2 $1.9M 1.4k 1309.13
iShares S&P 500 Index (IVV) 0.2 $1.8M 8.0k 217.61
Saratoga Investment (SAR) 0.2 $1.7M 96k 17.85
PennantPark Investment (PNNT) 0.2 $1.5M 203k 7.52
Tortoise Pwr & Energy 0.2 $1.6M 70k 22.34
Blackstone Mtg Tr (BXMT) 0.2 $1.5M 51k 29.45
Two Harbors Investment 0.2 $1.4M 166k 8.53
Colony Financial 0.2 $1.4M 78k 18.23
Eaton Vance Risk Managed Diversified (ETJ) 0.2 $1.4M 145k 9.43
BlackRock Floating Rate Income Trust (BGT) 0.2 $1.3M 97k 13.52
Bank Of America Corporation preferred (BAC.PL) 0.1 $1.1M 933.00 1220.79
SPDR S&P Dividend (SDY) 0.1 $1.1M 13k 84.37
Nuveen Insd Dividend Advantage (NVG) 0.1 $1.2M 72k 16.06
Nuveen Div. Advantage Muni. Fund (NAD) 0.1 $1.2M 77k 15.08
Guggenheim Enhanced Equity Strategy 0.1 $1.0M 65k 16.03
Spectra Energy 0.1 $1.0M 24k 42.73
iShares Russell 1000 Growth Index (IWF) 0.1 $1.0M 9.9k 104.16
Vanguard REIT ETF (VNQ) 0.1 $1.0M 12k 86.71
SPDR Barclays Capital Aggregate Bo (SPAB) 0.1 $997k 17k 59.27
Vanguard Utilities ETF (VPU) 0.1 $861k 8.1k 106.90
Nuveen Equity Premium and Growth Fund (SPXX) 0.1 $878k 64k 13.75
Tcp Capital 0.1 $871k 53k 16.37
Dws Strategic Income Trust 0.1 $824k 68k 12.12
Microsoft Corporation (MSFT) 0.1 $808k 14k 57.61
Intel Corporation (INTC) 0.1 $778k 21k 37.77
BlackRock Income Trust 0.1 $764k 118k 6.48
Nuveen Multi-Strategy Inc & Growth Fd 2 (JQC) 0.1 $790k 93k 8.48
Blackstone Gso Flting Rte Fu (BSL) 0.1 $792k 47k 16.86
Loews Corporation (L) 0.1 $734k 18k 41.14
Madison Strategic Sector Premium Fund 0.1 $665k 57k 11.75
Exxon Mobil Corporation (XOM) 0.1 $602k 6.9k 87.22
Johnson & Johnson (JNJ) 0.1 $628k 5.3k 118.05
iShares S&P US Pref Stock Idx Fnd (PFF) 0.1 $612k 16k 39.49
Virtus Total Return Fund Cef 0.1 $628k 133k 4.74
Chevron Corporation (CVX) 0.1 $574k 5.6k 102.96
Putnam Municipal Opportunities Trust (PMO) 0.1 $547k 41k 13.34
Clough Gbl Opps Fund Sh Ben Int closed-end fund (GLO) 0.1 $518k 54k 9.67
First Trust Active Dividend Income Fund 0.1 $572k 63k 9.10
Blackrock Multi-sector Incom other (BIT) 0.1 $556k 33k 17.06
Bank of the Ozarks 0.1 $468k 12k 38.37
Utilities SPDR (XLU) 0.1 $461k 9.4k 49.04
Eaton Vance Enhanced Equity Income Fund (EOI) 0.1 $443k 35k 12.65
SPDR Barclays Capital High Yield B 0.1 $441k 12k 36.73
BlackRock New York Insured Municipal 0.1 $470k 32k 14.69
Vanguard Intl Equity Index F glb ex us etf (VNQI) 0.1 $461k 8.2k 56.21
JPMorgan Chase & Co. (JPM) 0.1 $387k 5.8k 66.52
General Electric Company 0.1 $372k 13k 29.62
Merck & Co (MRK) 0.1 $406k 6.5k 62.46
Procter & Gamble Company (PG) 0.1 $359k 4.0k 89.75
General Motors Company (GM) 0.1 $361k 11k 31.78
SPDR S&P Emerging Markets (SPEM) 0.1 $425k 7.0k 60.60
Ellsworth Fund (ECF) 0.1 $401k 49k 8.19
Schwab Strategic Tr 0 (SCHP) 0.1 $356k 6.2k 57.13
Citigroup (C) 0.1 $378k 8.0k 47.23
Trupanion (TRUP) 0.1 $410k 24k 16.91
Bank of America Corporation (BAC) 0.0 $285k 18k 15.64
Wal-Mart Stores (WMT) 0.0 $310k 4.3k 72.09
Cisco Systems (CSCO) 0.0 $279k 8.8k 31.70
International Business Machines (IBM) 0.0 $302k 1.9k 158.95
Southside Bancshares (SBSI) 0.0 $275k 8.6k 32.15
WisdomTree India Earnings Fund (EPI) 0.0 $324k 15k 21.61
Elements Rogers Intl Commodity Etn etf 0.0 $340k 68k 5.00
THE GDL FUND Closed-End fund (GDL) 0.0 $273k 28k 9.93
Proshs Ultrashrt S&p500 Prosha etf 0.0 $296k 18k 16.41
Nuveen Multi-mkt Inc Income (JMM) 0.0 $317k 42k 7.50
Vaneck Vectors Gold Miners mutual (GDX) 0.0 $285k 11k 26.44
Eli Lilly & Co. (LLY) 0.0 $201k 2.5k 80.40
Pfizer (PFE) 0.0 $225k 6.7k 33.80
Unum (UNM) 0.0 $203k 5.8k 35.30
Vanguard Short-Term Bond ETF (BSV) 0.0 $248k 3.1k 80.68
SPDR Gold Trust (GLD) 0.0 $251k 2.0k 125.50
John Bean Technologies Corporation (JBTM) 0.0 $268k 3.8k 70.53
iShares S&P 500 Value Index (IVE) 0.0 $201k 2.1k 94.86
Royce Global Value Tr (RGT) 0.0 $120k 15k 8.10
Putnam Premier Income Trust (PPT) 0.0 $100k 21k 4.87
Nuveen Floating Rate Income Fund (JFR) 0.0 $110k 10k 11.00