Relative Value Partners

Relative Value Partners Group as of Dec. 31, 2018

Portfolio Holdings for Relative Value Partners Group

Relative Value Partners Group holds 155 positions in its portfolio as reported in the December 2018 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares S&P 100 Index (OEF) 6.1 $52M 469k 111.53
iShares Lehman 3-7 Yr Treasury Bond (IEI) 3.9 $34M 277k 121.40
Eaton Vance Limited Duration Income Fund (EVV) 3.7 $32M 2.7M 11.99
iShares Lehman 1-3 Year Treas.Bond (SHY) 3.5 $30M 357k 83.62
TCW Strategic Income Fund (TSI) 3.4 $29M 5.4M 5.43
Nuveen Mtg opportunity term (JLS) 3.3 $29M 1.3M 22.35
Tri-Continental Corporation (TY) 3.3 $29M 1.2M 23.52
Special Opp 3.5% Pfd Conv 3.0 $26M 1.0M 24.95
Ishares Tr cmn (GOVT) 3.0 $26M 1.0M 24.65
Allianzgi Nfj Divid Int Prem S cefs 3.0 $26M 2.3M 10.90
Special Opportunities Fund (SPE) 2.7 $24M 2.0M 12.04
BlackRock Credit All Inc Trust IV (BTZ) 2.6 $22M 2.0M 11.25
Invesco Exchange Traded Fd T ftse rafi 1000 (PRF) 2.5 $22M 213k 101.57
Vanguard Total Stock Market ETF (VTI) 2.4 $21M 162k 127.63
Nuveen Muni Value Fund (NUV) 2.4 $20M 2.2M 9.27
wisdomtreetrusdivd.. (DGRW) 2.3 $20M 517k 38.33
Eaton Vance Short Duration Diversified I (EVG) 2.1 $19M 1.5M 12.45
Voya Prime Rate Trust sh ben int 2.1 $18M 4.0M 4.52
First Trust/Four Corners SFRI Fund II (FCT) 1.9 $16M 1.5M 11.20
Western Asset Vrble Rate Strtgc Fnd 1.8 $15M 971k 15.68
General American Investors (GAM) 1.7 $14M 501k 28.44
Templeton Emerging Markets (EMF) 1.7 $14M 1.1M 13.20
Pioneer Floating Rate Trust (PHD) 1.6 $14M 1.4M 9.84
Vanguard Information Technology ETF (VGT) 1.6 $14M 83k 166.83
MFS Charter Income Trust (MCR) 1.6 $14M 1.9M 7.33
Nuveen Real (JRI) 1.6 $14M 997k 13.63
BlackRock Floating Rate Income Strat. Fn (FRA) 1.6 $13M 1.1M 12.03
MFS Government Markets Income Trust (MGF) 1.4 $12M 2.8M 4.49
MFS Intermediate Income Trust (MIN) 1.4 $12M 3.2M 3.67
Spdr Ser Tr shrt trsry etf (SPTS) 1.4 $12M 394k 29.58
Ishares Msci Japan (EWJ) 1.3 $12M 227k 50.69
THE GDL FUND Closed-End fund (GDL) 1.2 $10M 1.1M 9.17
iShares Lehman Short Treasury Bond (SHV) 1.0 $8.7M 79k 110.30
Barings Bdc (BBDC) 1.0 $8.3M 917k 9.01
Eaton Vance Floating-Rate Income Trust (EFT) 0.9 $8.1M 632k 12.76
Eaton Vance Municipal Bond Fund (EIM) 0.9 $7.7M 685k 11.29
Liberty All-Star Equity Fund (USA) 0.9 $7.5M 1.3M 5.54
Nuveen Multi-Strategy Inc & Growth Fd 2 (JQC) 0.8 $6.6M 894k 7.40
Wisdomtree Tr blmbrg fl tr 0.7 $5.8M 230k 25.08
Vanguard Value ETF (VTV) 0.7 $5.6M 57k 97.94
First Tr Mlp & Energy Income (FEI) 0.7 $5.6M 568k 9.80
BlackRock Ltd. Duration Income Trust (BLW) 0.6 $5.1M 377k 13.45
Nuveen Mortgage opportunity trm fd2 0.6 $5.0M 228k 22.17
Rivernorth Doubleline Strate (OPP) 0.6 $5.1M 311k 16.25
SPDR KBW Bank (KBE) 0.6 $5.0M 133k 37.35
PennantPark Investment (PNNT) 0.6 $4.8M 731k 6.55
Nuveen Int Dur Qual Mun Trm 0.5 $4.6M 374k 12.35
Spdr S&p Emerging Mkts Dividen inx (EDIV) 0.5 $4.3M 145k 29.85
Ares Capital Corporation (ARCC) 0.5 $4.1M 265k 15.58
Vanguard Health Care ETF (VHT) 0.5 $4.1M 25k 160.58
Alpine Total Dynamicdivid Fd Com Sh Ben Int cef (AOD) 0.5 $4.1M 560k 7.27
Ladder Capital Corp Class A (LADR) 0.5 $3.9M 246k 16.04
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.4 $3.8M 36k 104.21
Ares Coml Real Estate (ACRE) 0.4 $3.6M 272k 13.35
Tortoise Pwr & Energy (TPZ) 0.4 $3.5M 220k 16.06
Pennantpark Floating Rate Capi (PFLT) 0.4 $3.4M 287k 11.67
Eaton Vance Fltng Rate 2022 0.4 $3.4M 391k 8.60
Oaktree Strategic Income Cor 0.4 $3.4M 437k 7.75
Granite Pt Mtg Tr (GPMT) 0.3 $3.0M 160k 18.45
BlackRock Floating Rate Income Trust (BGT) 0.3 $2.5M 212k 11.66
iShares S&P 500 Index (IVV) 0.3 $2.4M 9.5k 251.94
First Tr Sr Floating Rate 20 0.3 $2.4M 290k 8.26
Vanguard Short-Term Bond ETF (BSV) 0.2 $2.1M 27k 78.57
Equity Commonwealth (EQC) 0.2 $2.1M 68k 30.02
iShares S&P 500 Value Index (IVE) 0.2 $1.9M 19k 101.14
BlackRock MuniHolding Insured Investm 0.2 $2.0M 159k 12.74
Vanguard FTSE All-World ex-US ETF (VEU) 0.2 $1.8M 39k 45.59
BlackRock Enhanced Government Fund (EGF) 0.2 $1.7M 134k 13.02
MFA Mortgage Investments 0.2 $1.6M 236k 6.68
First Trust Energy Income & Gr (FEN) 0.2 $1.5M 82k 18.72
Blackrock Tcp Cap Corp (TCPC) 0.2 $1.5M 118k 13.04
Microsoft Corporation (MSFT) 0.1 $1.2M 12k 101.54
iShares MSCI EAFE Index Fund (EFA) 0.1 $1.1M 19k 58.77
iShares Russell 1000 Growth Index (IWF) 0.1 $1.1M 8.4k 130.95
SPDR S&P Dividend (SDY) 0.1 $1.1M 12k 89.48
Nuveen Select Tax Free Incom Portfolio 2 0.1 $939k 70k 13.42
Nuveen NY Select Tax-Free Income Portfol (NXN) 0.1 $977k 76k 12.85
Loews Corporation (L) 0.1 $826k 18k 45.53
Vanguard Emerging Markets ETF (VWO) 0.1 $843k 22k 38.12
Nuveen Select Tax-Free Incom Portfolio 3 0.1 $813k 57k 14.31
Ishares Core Msci Eafe Etf core msci eafe (IEFA) 0.1 $749k 14k 55.03
Nuveen Multi-mkt Inc Income (JMM) 0.1 $741k 108k 6.85
Johnson & Johnson (JNJ) 0.1 $674k 5.2k 129.12
Health Care SPDR (XLV) 0.1 $719k 8.3k 86.47
Intel Corporation (INTC) 0.1 $680k 15k 46.90
Alerian Mlp Etf 0.1 $686k 79k 8.74
Vanguard REIT ETF (VNQ) 0.1 $729k 9.8k 74.56
iShares S&P US Pref Stock Idx Fnd (PFF) 0.1 $672k 20k 34.21
Nuveen Select Tax-Free Income Portfolio (NXP) 0.1 $698k 50k 14.07
SPDR Barclays Capital Aggregate Bo (SPAB) 0.1 $692k 25k 27.86
Chevron Corporation (CVX) 0.1 $607k 5.6k 108.88
Spdr S&p 500 Etf (SPY) 0.1 $611k 2.4k 250.10
BlackRock Enhanced Dividend Achievers Tr (BDJ) 0.1 $643k 83k 7.77
Nuveen CA Select Tax-Free Incom Port (NXC) 0.1 $577k 43k 13.30
Trupanion (TRUP) 0.1 $617k 24k 25.45
Aberdeen Global Dynamic Divd F (AGD) 0.1 $588k 69k 8.57
Nuveen Select Maturities Mun Fund (NIM) 0.1 $513k 53k 9.60
SPDR S&P Emerging Markets (SPEM) 0.1 $558k 17k 32.77
Ihs Markit 0.1 $502k 11k 48.00
Bank of America Corporation (BAC) 0.1 $444k 18k 24.67
Affiliated Managers (AMG) 0.1 $400k 4.1k 97.56
Cisco Systems (CSCO) 0.1 $425k 9.8k 43.37
Utilities SPDR (XLU) 0.1 $466k 8.8k 52.95
New Germany Fund (GF) 0.1 $463k 32k 14.65
Putnam Municipal Opportunities Trust (PMO) 0.1 $466k 41k 11.37
Macquarie Global Infr Total Rtrn Fnd 0.1 $411k 22k 18.80
Western Asset Municipal D Opp Trust 0.1 $406k 21k 19.52
Lazard World Dividend & Income Fund 0.1 $458k 54k 8.52
Citigroup (C) 0.1 $427k 8.2k 52.07
Vanguard Malvern Fds strm infproidx (VTIP) 0.1 $448k 9.3k 47.95
Blackrock Debt Strat (DSU) 0.1 $414k 42k 9.83
Wal-Mart Stores (WMT) 0.0 $375k 4.0k 93.75
Merck & Co (MRK) 0.0 $346k 4.5k 76.89
WisdomTree India Earnings Fund (EPI) 0.0 $319k 13k 24.84
Vanguard Small-Cap ETF (VB) 0.0 $348k 2.6k 131.87
Eaton Vance Enhanced Equity Income Fund (EOI) 0.0 $361k 28k 12.94
European Equity Fund (EEA) 0.0 $351k 45k 7.77
General Motors Company (GM) 0.0 $379k 11k 33.45
Vanguard Utilities ETF (VPU) 0.0 $384k 3.3k 117.79
BlackRock New York Insured Municipal 0.0 $386k 32k 12.06
Schwab Strategic Tr 0 (SCHP) 0.0 $332k 6.2k 53.28
Vanguard Intl Equity Index F glb ex us etf (VNQI) 0.0 $322k 6.2k 52.34
Royce Global Value Tr (RGT) 0.0 $382k 43k 8.88
Exxon Mobil Corporation (XOM) 0.0 $293k 4.3k 68.30
Eli Lilly & Co. (LLY) 0.0 $289k 2.5k 115.60
Pfizer (PFE) 0.0 $271k 6.2k 43.71
Union Pacific Corporation (UNP) 0.0 $276k 2.0k 138.00
Southside Bancshares (SBSI) 0.0 $246k 7.7k 31.76
iShares Gold Trust 0.0 $227k 18k 12.31
Vanguard Mid-Cap ETF (VO) 0.0 $226k 1.6k 138.31
Vanguard European ETF (VGK) 0.0 $266k 5.5k 48.54
SPDR Barclays Capital High Yield B 0.0 $274k 8.1k 33.64
Spdr Euro Stoxx 50 Etf (FEZ) 0.0 $267k 8.0k 33.29
Nuveen California Municipal Value Fund (NCA) 0.0 $261k 29k 9.09
WisdomTree Japan Total Dividend (DXJ) 0.0 $287k 6.2k 46.40
Blackrock Muni Intermediate Drtn Fnd (MUI) 0.0 $237k 19k 12.67
Ellsworth Fund (ECF) 0.0 $255k 29k 8.73
Japan Equity Fund ietf (JEQ) 0.0 $287k 40k 7.14
Ishares Tr hdg msci eafe (HEFA) 0.0 $240k 9.2k 26.12
Ishares Tr core msci euro (IEUR) 0.0 $223k 5.4k 41.39
Vaneck Vectors Gold Miners mutual (GDX) 0.0 $275k 13k 21.07
Spdr Ser Tr 1 3 hgh yield (BIL) 0.0 $232k 2.5k 91.55
iShares MSCI Emerging Markets Indx (EEM) 0.0 $210k 5.4k 39.11
Unum (UNM) 0.0 $213k 7.3k 29.38
Eaton Vance Risk Managed Diversified (ETJ) 0.0 $181k 22k 8.12
Templeton Emerging Markets Income Fund (TEI) 0.0 $155k 16k 9.60
Nuveen Senior Income Fund 0.0 $138k 25k 5.52
Nuveen New York Mun Value 0.0 $167k 13k 13.15
Aberdeen Chile Fund (AEF) 0.0 $213k 33k 6.56
Nuveen Mun 2021 Target Term 0.0 $199k 21k 9.34
Genworth Financial (GNW) 0.0 $103k 22k 4.66
Anworth Mortgage Asset Corporation 0.0 $104k 25k 4.16
Eaton Vance Tax Managed Diversified Eq. (ETY) 0.0 $102k 10k 10.20
Elements Rogers Intl Commodity Etn etf 0.0 $108k 22k 4.89
Delaware Enhanced Glbl. Div. & Inc. Fund 0.0 $110k 13k 8.69