Gramercy Funds Management’s Virtus Total Return Fund Inc. ZF Stock Holding History

Gramercy Funds Management’s Portfolio ZF Stock Details ZF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-24,949	Closed	-$320K	–	79
2015 Q3	$320K	Buy	+24,949	New	+$345K	0.11%	55
2014 Q2	–	Sell	-131,737	Closed	-$2M	–	71
2014 Q1	$2M	Hold	131,737	–	–	0.71%	27
2013 Q4	$1.96M	Hold	131,737	–	–	0.62%	27
2013 Q3	$1.78M	Hold	131,737	–	–	0.41%	30
2013 Q2	$1.69M	Buy	+131,737	New	+$1.71M	0.49%	32

Other funds holding ZF

KIM

Karpus Investment Management Pittsford, New York $3.21B AUM 6.83% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

RVPG

Relative Value Partners Group $772M AUM 15.6% 1-Year Est. Return

1CP

1607 Capital Partners Richmond, Virginia $1.39B AUM 8.35% 1-Year Est. Return

COLIM

City of London Investment Management London, United Kingdom $1.66B AUM 59.71% 1-Year Est. Return

SFS

Shaker Financial Services Arlington, Virginia $319M AUM 3.9% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of Nova Scotia Toronto, Ontario, Canada $57.2B AUM 35.3% 1-Year Est. Return

Icon Advisers Greenwood Village, Colorado $433M AUM 40.01% 1-Year Est. Return

Gramercy Funds Management's ZF Position: Q4 2015 in Review

Gramercy Funds Management sold out of Virtus Total Return Fund Inc. (ZF) in Q4 2015, closing a stake of 24,949 shares — an estimated $320K sold.

Gramercy Funds Management first reported a position in ZF in Q2 2013 and held it in 5 quarters. The position peaked at $2M in Q1 2014. 45 funds tracked by Wall St. Rank hold ZF as of Q4 2015.

Gramercy Funds Management reported no remaining Virtus Total Return Fund Inc. position as of Q4 2015 after selling out during the quarter.
Gramercy Funds Management sold 24,949 Virtus Total Return Fund Inc. shares in Q4 2015, an estimated $320K.
Gramercy Funds Management first reported a position in Virtus Total Return Fund Inc. in Q2 2013 and held it in 5 quarters.
Gramercy Funds Management's Virtus Total Return Fund Inc. position peaked at $2M in Q1 2014.
45 funds tracked by Wall St. Rank held Virtus Total Return Fund Inc. as of Q4 2015.

Based on Gramercy Funds Management's 13F filing for Q4 2015, filed 12 Feb 2016.