Western Investment

Western Investment as of Dec. 31, 2010

Portfolio Holdings for Western Investment

Western Investment holds 83 positions in its portfolio as reported in the December 2010 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
MVC Capital 12.9 $22M 1.5M 14.60
LMP Capital and Income Fund (SCD) 11.4 $20M 1.6M 12.45
DWS Dreman Value Income Edge Fund 7.6 $13M 935k 14.08
H&Q Life Sciences Investors 5.3 $9.2M 852k 10.77
DWS RREEF World Real Estate Fund (DRP) 5.3 $9.2M 502k 18.25
TS&W/Claymore Tax-Advantaged Balanced Fu (TYW) 4.9 $8.5M 805k 10.54
Alpine Global Premier Properties Fund 3.9 $6.7M 949k 7.09
Gabelli Global Multimedia Trust (GGT) 3.5 $6.1M 746k 8.21
RiverSource LaSalle Int Real Est Fnd 3.2 $5.5M 583k 9.40
Dynex Capital 3.2 $5.5M 500k 10.92
Eaton Vance Tax Managed Diversified Eq. (ETY) 3.1 $5.3M 467k 11.31
Macquarie/First Trust Global Infrstrctre 2.9 $5.0M 344k 14.48
Eaton Vance Tax-Managed Global Dive Eq (EXG) 2.7 $4.6M 439k 10.53
Nuveen Mult Curr St Gv Incm 1.8 $3.1M 224k 13.77
Cohen & Steers infrastucture Fund (UTF) 1.6 $2.8M 170k 16.42
Eaton Vance Tax Managed Buy Write Opport (ETV) 1.6 $2.8M 213k 13.08
BlackRock Credit All Inc Trust IV (BTZ) 1.6 $2.7M 225k 12.10
MCG Capital Corporation 1.5 $2.6M 367k 6.97
Eaton Vance Tax-Managed Global Buy-Write (ETW) 1.3 $2.3M 188k 12.25
Royce Value Trust (RVT) 1.1 $2.0M 136k 14.54
PIMCO Income Opportunity Fund 1.1 $1.9M 75k 25.60
Eaton Vance Enhanced Equity Incm. Fd. II (EOS) 1.0 $1.7M 137k 12.21
Royce Micro Capital Trust (RMT) 0.9 $1.6M 160k 9.80
Eaton Vance Enhanced Equity Income Fund (EOI) 0.8 $1.4M 107k 12.64
BlackRock Credit All Inc Trust II 0.8 $1.3M 133k 9.83
Tortoise MLP Fund 0.8 $1.3M 53k 24.24
NFJ Dividend Interest & Premium Strategy 0.7 $1.2M 70k 17.51
SunAmerica Focused Alpha Large Cap Fund 0.7 $1.1M 72k 15.75
Eaton Vance Risk Managed Diversified (ETJ) 0.7 $1.1M 85k 13.28
Eaton Vance Tax-Managed Buy-Write Income (ETB) 0.7 $1.1M 78k 14.41
Nuveen Multi-Strategy Income & Growth (JPC) 0.6 $1.0M 122k 8.35
Calamos Strategic Total Return Fund (CSQ) 0.6 $974k 105k 9.26
Zweig Total Return Fund 0.6 $952k 267k 3.56
Nuveen Multi-Strategy Inc & Growth Fd 2 (JQC) 0.5 $930k 106k 8.80
iShares Silver Trust (SLV) 0.5 $844k 28k 30.19
Blackrock Credit All Inc Trust III 0.5 $823k 78k 10.52
Horizon Technology Fin (HRZN) 0.4 $748k 52k 14.43
CapLease 0.4 $690k 119k 5.82
Claymore Dividend and Income Fund 0.4 $642k 43k 15.01
SunAmerica Focused Alpha Growth Fund 0.3 $607k 35k 17.54
Financial Select Sector SPDR (XLF) 0.3 $554k 35k 15.94
BLACKROCK INTL GRWTH & INC T COM Bene Inter (BGY) 0.3 $544k 54k 10.17
Eaton V.Tax-Advantaged Dividend Inc Fund (EVT) 0.3 $559k 34k 16.54
Western Asset Emerging Mrkts Dbt Fnd (EMD) 0.3 $534k 29k 18.32
SPDR Gold Trust (GLD) 0.3 $487k 3.5k 138.75
DWS Global High Income Fund 0.3 $485k 62k 7.80
Central Securities (CET) 0.3 $468k 21k 21.99
Gabelli Dividend & Income Trust (GDV) 0.3 $463k 30k 15.35
Nuveen Tax-Advantaged Dividend Growth 0.3 $471k 36k 13.00
Cypress Sharpridge Investments 0.3 $452k 35k 12.91
Blackrock Credit Alln Inc Trust I 0.2 $429k 47k 9.15
Calamos Convertible & Hi Income Fund (CHY) 0.2 $412k 33k 12.65
Zweig Fund 0.2 $403k 120k 3.35
Clough Global Equity Fund closed-end fund (GLQ) 0.2 $401k 27k 15.13
H&Q Healthcare Investors 0.2 $372k 28k 13.38
Nuveen Quality Pref. Inc. Fund II 0.2 $371k 47k 7.90
DWS Strategic Income Trust 0.2 $354k 28k 12.69
Eaton Vance Tax-advntg Glbl Di (ETG) 0.2 $293k 21k 14.09
Pimco Income Strategy Fund II (PFN) 0.2 $269k 27k 9.91
ING Global Equity Divid.&Premium Opp-ETF 0.1 $253k 23k 10.86
Special Opportunities Fund (SPE) 0.1 $265k 18k 14.76
Western Asset Worldwide Income Fund 0.1 $248k 19k 13.33
Invesco Mortgage Capital 0.1 $218k 10k 21.80
Nuveen Quality Preferred Income Fund 0.1 $211k 29k 7.40
Nuveen Ins Ca Tx Fr Adv Mun (NKX) 0.1 $205k 17k 12.20
Morgan Stanley California Quality (IQC) 0.1 $193k 16k 11.77
Intervest Bancshares 0.1 $178k 61k 2.93
Hercules Technology Growth Capital (HTGC) 0.1 $155k 15k 10.33
Nuveen Ariz Divid Advantag M 0.1 $153k 13k 12.27
Liberty All-Star Equity Fund (USA) 0.1 $130k 26k 4.93
Cornerstone Strategic Value 0.1 $135k 15k 8.87
Nuveen Diversified Dividend & Income 0.1 $122k 11k 10.89
Dow 30 Enhanced Premium & Income 0.1 $126k 12k 10.39
Nuveen Tax-Advantaged Total Return Strat 0.1 $127k 11k 11.24
MUTUAL FUND Gabelli Healthcare & Wellnessr*x (GRX) 0.1 $104k 15k 7.13
Boulder Growth & Income Fund (STEW) 0.1 $100k 16k 6.21
Advantage Oil & Gas 0.1 $82k 12k 6.83
Royce Focus Tr 0.1 $94k 12k 7.58
Helios Strategic Mortgage IncmeFnd 0.1 $92k 15k 6.21
Invesco Municipal Inc Opp Trust II (OIB) 0.1 $87k 13k 6.80
Equus Total Return (EQS) 0.0 $64k 26k 2.51
First Trust Strat High Income Fund III (FHO) 0.0 $75k 17k 4.37
Nuveen Tax Adv Fltg Rate Fun 0.0 $32k 15k 2.16