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NIE

Virtus Equity & Convertible Income Fund

Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$21.1M +$1.14M +56,363 +5%
GC
2
Guggenheim Capital
Illinois
$16.1M -$1.94M -95,649 -10%
Wells Fargo
3
Wells Fargo
California
$14.9M +$551K +27,138 +3%
Morgan Stanley
4
Morgan Stanley
New York
$12.6M +$4.25M +209,400 +44%
KIM
5
Karpus Investment Management
New York
$6.9M +$7.55M +371,952 New
Invesco
6
Invesco
Georgia
$4.08M +$832K +40,999 +23%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$3.48M +$142K +6,971 +4%
UBS Group
8
UBS Group
Switzerland
$2.67M +$124K +6,114 +4%
SDWIA
9
Schwarz Dygos Wheeler Investment Advisors
Minnesota
$2.27M +$2.48M +122,339 New
RJA
10
Raymond James & Associates
Florida
$2M -$1.36K -67 -0.1%
PPA
11
Parametric Portfolio Associates
Washington
$1.78M -$134K -6,621 -6%
Stifel Financial
12
Stifel Financial
Missouri
$1.42M -$16.4K -806 -1%
AG
13
Advisor Group
Arizona
$1.26M -$49.1K -2,420 -3%
GEM
14
Global Endowment Management
North Carolina
$1.11M
TC
15
Telemus Capital
Michigan
$950K
Carson Wealth (CWM LLC)
16
Carson Wealth (CWM LLC)
Nebraska
$850K +$930K +45,829 New
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$841K +$337K +16,615 +58%
Bank of America
18
Bank of America
North Carolina
$813K -$588K -28,983 -40%
GFP
19
Gryphon Financial Partners
Ohio
$762K +$697K +34,325 New
WAM
20
Weiss Asset Management
Massachusetts
$730K +$799K +39,350 New
KFGK
21
Keystone Financial Group (Kentucky)
Kentucky
$679K +$20.3K +1,000 +3%
RIL
22
Rothschild Investment LLC
Illinois
$620K -$20.3K -1,000 -3%
LCM
23
Landscape Capital Management
New Jersey
$609K +$667K +32,839 New
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$592K -$275K -13,527 -30%
UCFA
25
United Capital Financial Advisors
Texas
$546K +$16.8K +826 +3%