Relative Value Partners

Relative Value Partners as of Dec. 31, 2016

Portfolio Holdings for Relative Value Partners

Relative Value Partners holds 137 positions in its portfolio as reported in the December 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares S&P 100 Index (OEF) 7.2 $56M 562k 99.30
BlackRock Floating Rate Income Strat. Fn (FRA) 5.2 $40M 2.8M 14.41
Nuveen Mtg opportunity term (JLS) 4.8 $37M 1.5M 24.07
MFS Charter Income Trust (MCR) 4.7 $36M 4.3M 8.52
Tri-Continental Corporation (TY) 4.4 $34M 1.5M 22.05
TCW Strategic Income Fund (TSI) 3.9 $31M 5.7M 5.33
Eaton Vance Limited Duration Income Fund (EVV) 3.8 $30M 2.2M 13.72
BlackRock Credit All Inc Trust IV (BTZ) 3.7 $29M 2.2M 12.97
BlackRock Enhanced Dividend Achievers Tr (BDJ) 3.7 $29M 3.5M 8.15
Special Opportunities Fund (SPE) 3.4 $26M 1.9M 13.65
Vanguard Total Bond Market ETF (BND) 3.3 $26M 320k 80.79
Allianzgi Nfj Divid Int Prem S cefs 2.8 $21M 1.7M 12.61
Vanguard Total Stock Market ETF (VTI) 2.6 $21M 178k 115.32
PowerShares FTSE RAFI US 1000 2.6 $20M 203k 99.55
Nuveen Barclays Shrt Term Muni bdfund (SHM) 2.1 $16M 338k 47.94
Diversified Real Asset Inc F 2.0 $15M 983k 15.59
Royce Value Trust (RVT) 2.0 $15M 1.1M 13.39
Virtus Global Divid Income F (ZTR) 1.9 $15M 1.2M 12.04
MFS Intermediate Income Trust (MIN) 1.9 $14M 3.2M 4.44
iShares Lehman 3-7 Yr Treasury Bond (IEI) 1.9 $14M 117k 122.51
wisdomtreetrusdivd.. (DGRW) 1.9 $14M 430k 33.27
MFS Government Markets Income Trust (MGF) 1.6 $12M 2.4M 5.04
Western Asset Vrble Rate Strtgc Fnd 1.5 $12M 726k 16.07
SPDR KBW Bank (KBE) 1.4 $11M 256k 43.47
Liberty All-Star Equity Fund (USA) 1.4 $11M 2.1M 5.16
Vanguard Information Technology ETF (VGT) 1.3 $10M 83k 121.50
General American Investors (GAM) 1.3 $10M 323k 31.18
Alerian Mlp Etf 1.2 $9.4M 747k 12.60
Nuveen Multi-Strategy Inc & Growth Fd 2 (JQC) 1.1 $8.9M 1.0M 8.85
iShares Lehman 7-10 Yr Treas. Bond (IEF) 1.1 $8.8M 84k 104.82
Eaton Vance Short Duration Diversified I (EVG) 1.1 $8.5M 614k 13.86
BlackRock Ltd. Duration Income Trust (BLW) 1.1 $8.3M 544k 15.17
Deutsche High Income Opport 1.0 $7.6M 529k 14.41
Eaton Vance Tax Managed Diversified Eq. (ETY) 1.0 $7.4M 719k 10.35
Franklin Templeton (FTF) 0.8 $5.9M 492k 12.04
Nuveen Senior Income Fund 0.7 $5.6M 825k 6.79
Pioneer Floating Rate Trust (PHD) 0.7 $5.0M 423k 11.87
Nuveen Mortgage opportunity trm fd2 0.6 $4.7M 202k 23.16
MFS Multimarket Income Trust (MMT) 0.6 $4.5M 740k 6.06
Spdr S&p Emerging Mkts Dividen inx (EDIV) 0.5 $4.0M 152k 26.46
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.4 $3.2M 31k 104.95
BlackRock Enhanced Government Fund (EGF) 0.4 $3.2M 240k 13.19
Ares Capital Corporation (ARCC) 0.3 $2.7M 163k 16.49
Pennantpark Floating Rate Capi (PFLT) 0.3 $2.6M 187k 14.11
Deutsche Multi-mkt Income Tr Shs cef 0.3 $2.7M 311k 8.52
Ares Coml Real Estate (ACRE) 0.3 $2.5M 183k 13.73
Anworth Mortgage Asset Corporation 0.3 $2.4M 459k 5.17
MFA Mortgage Investments 0.3 $2.3M 303k 7.63
Guggenheim Equal 0.3 $2.3M 141k 16.37
Ladder Capital Corp Class A (LADR) 0.3 $2.3M 169k 13.72
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.3 $2.0M 1.7k 1190.13
Guggenheim Enhanced Equity Strategy 0.2 $2.0M 122k 16.15
PennantPark Investment (PNNT) 0.2 $1.8M 240k 7.66
Colony Financial 0.2 $1.8M 91k 20.26
Tortoise Pwr & Energy 0.2 $1.8M 83k 22.17
iShares S&P 500 Index (IVV) 0.2 $1.8M 8.0k 225.01
Two Harbors Investment 0.2 $1.7M 196k 8.72
BlackRock Income Trust 0.2 $1.6M 253k 6.33
Virtus Total Return Fund Cef 0.2 $1.6M 354k 4.47
Blackstone Mtg Tr (BXMT) 0.2 $1.6M 52k 30.08
SPDR S&P Dividend (SDY) 0.1 $1.1M 13k 85.56
Dws Strategic Income Trust 0.1 $1.2M 99k 11.89
Saratoga Investment (SAR) 0.1 $1.1M 54k 20.60
Spectra Energy 0.1 $989k 24k 41.11
iShares Russell 1000 Growth Index (IWF) 0.1 $1.0M 9.9k 104.86
Vanguard REIT ETF (VNQ) 0.1 $1.0M 12k 82.50
Nuveen Muni Value Fund (NUV) 0.1 $997k 104k 9.56
SPDR Barclays Capital Aggregate Bo (SPAB) 0.1 $957k 17k 56.90
Loews Corporation (L) 0.1 $835k 18k 46.80
Microsoft Corporation (MSFT) 0.1 $872k 14k 62.16
Vanguard Utilities ETF (VPU) 0.1 $862k 8.1k 107.03
BlackRock Floating Rate Income Trust (BGT) 0.1 $842k 60k 14.08
Tcp Capital 0.1 $873k 52k 16.90
Intel Corporation (INTC) 0.1 $738k 20k 36.27
Eaton Vance Risk Managed Diversified (ETJ) 0.1 $808k 90k 8.96
Blackrock Defined Opprty Cr 0.1 $720k 52k 13.79
Madison Strategic Sector Premium Fund 0.1 $673k 57k 11.90
Exxon Mobil Corporation (XOM) 0.1 $641k 7.1k 90.26
Johnson & Johnson (JNJ) 0.1 $613k 5.3k 115.23
Chevron Corporation (CVX) 0.1 $656k 5.6k 117.67
Bank of the Ozarks 0.1 $641k 12k 52.56
Vanguard Emerging Markets ETF (VWO) 0.1 $529k 15k 35.76
iShares S&P US Pref Stock Idx Fnd (PFF) 0.1 $577k 16k 37.24
Blackrock Multi-sector Incom other (BIT) 0.1 $508k 31k 16.47
JPMorgan Chase & Co. (JPM) 0.1 $502k 5.8k 86.28
Spdr S&p 500 Etf (SPY) 0.1 $447k 2.0k 223.39
Utilities SPDR (XLU) 0.1 $457k 9.4k 48.62
Eaton Vance Enhanced Equity Income Fund (EOI) 0.1 $434k 35k 12.39
SPDR Barclays Capital High Yield B 0.1 $438k 12k 36.43
Putnam Municipal Opportunities Trust (PMO) 0.1 $490k 41k 11.95
Citigroup (C) 0.1 $476k 8.0k 59.48
Ishares Tr fltg rate nt (FLOT) 0.1 $475k 9.4k 50.77
Ares Dynamic Cr Allocation (ARDC) 0.1 $437k 29k 15.06
Prudential Ban 0.1 $430k 25k 17.13
Eagle Pt Cr (ECC) 0.1 $473k 28k 16.72
Bank of America Corporation (BAC) 0.1 $403k 18k 22.11
General Electric Company 0.1 $397k 13k 31.61
Merck & Co (MRK) 0.1 $383k 6.5k 58.92
General Motors Company (GM) 0.1 $395k 11k 34.86
SPDR S&P Emerging Markets (SPEM) 0.1 $402k 7.0k 57.32
Elements Rogers Intl Commodity Etn etf 0.1 $353k 68k 5.19
Ellsworth Fund (ECF) 0.1 $405k 49k 8.28
BlackRock New York Insured Municipal 0.1 $419k 32k 13.10
Vanguard Intl Equity Index F glb ex us etf (VNQI) 0.1 $407k 8.2k 49.62
Trupanion (TRUP) 0.1 $376k 24k 15.51
Ihs Markit 0.1 $390k 11k 35.42
Wal-Mart Stores (WMT) 0.0 $297k 4.3k 69.07
International Business Machines (IBM) 0.0 $315k 1.9k 165.79
Procter & Gamble Company (PG) 0.0 $336k 4.0k 84.00
John Bean Technologies Corporation (JBTM) 0.0 $327k 3.8k 86.05
Southside Bancshares (SBSI) 0.0 $322k 8.6k 37.64
iShares S&P 500 Value Index (IVE) 0.0 $329k 3.2k 101.32
WisdomTree India Earnings Fund (EPI) 0.0 $307k 15k 20.21
Schwab Strategic Tr 0 (SCHP) 0.0 $342k 6.2k 54.89
Blackstone Gso Strategic (BGB) 0.0 $295k 19k 15.35
Nuveen Multi-mkt Inc Income (JMM) 0.0 $308k 42k 7.29
Pfizer (PFE) 0.0 $216k 6.7k 32.45
Cisco Systems (CSCO) 0.0 $266k 8.8k 30.23
Union Pacific Corporation (UNP) 0.0 $207k 2.0k 103.50
Unum (UNM) 0.0 $253k 5.8k 44.00
iShares MSCI EAFE Index Fund (EFA) 0.0 $252k 4.4k 57.65
Vanguard Short-Term Bond ETF (BSV) 0.0 $244k 3.1k 79.38
New Germany Fund (GF) 0.0 $203k 16k 13.09
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.0 $206k 2.4k 84.32
THE GDL FUND Closed-End fund (GDL) 0.0 $270k 28k 9.82
Proshs Ultrashrt S&p500 Prosha etf 0.0 $246k 16k 15.10
Vaneck Vectors Gold Miners mutual (GDX) 0.0 $226k 11k 20.96
BlackRock Global Opportunities Equity Tr (BOE) 0.0 $143k 12k 11.61
Eaton Vance Fltg Rate In 0.0 $190k 11k 17.17
Alpine Total Dyn Fd New cefs 0.0 $136k 18k 7.59
First Tr Dynamic Europe Eqt 0.0 $167k 11k 15.54
Genworth Financial (GNW) 0.0 $62k 16k 3.84
European Equity Fund (EEA) 0.0 $104k 14k 7.73
Putnam Premier Income Trust (PPT) 0.0 $51k 10k 4.96
Eaton Vance Tax-Managed Global Dive Eq (EXG) 0.0 $89k 11k 8.00
Royce Global Value Tr (RGT) 0.0 $94k 12k 8.06
Alpine Global Dynamic 0.0 $103k 12k 8.77