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NIE

Virtus Equity & Convertible Income Fund

Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$27M +$1.13M +46,685 +4%
KIM
2
Karpus Investment Management
New York
$20.2M +$419K +17,324 +2%
AAM
3
Advisors Asset Management
Colorado
$19.6M -$1.93M -79,952 -9%
Morgan Stanley
4
Morgan Stanley
New York
$14.5M -$2.91M -120,455 -17%
GC
5
Guggenheim Capital
Illinois
$11.4M -$734K -30,338 -6%
UBS Group
6
UBS Group
Switzerland
$6.65M -$307K -12,712 -4%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$6.31M -$770K -31,840 -11%
Cohen & Steers
8
Cohen & Steers
New York
$5.99M +$180K +7,445 +3%
RJA
9
Raymond James & Associates
Florida
$4.91M +$2.32M +95,737 +90%
Invesco
10
Invesco
Georgia
$4.29M +$136K +5,609 +3%
SDWIA
11
Schwarz Dygos Wheeler Investment Advisors
Minnesota
$3.75M +$109K +4,500 +3%
Osaic Holdings
12
Osaic Holdings
Arizona
$3.03M +$126K +5,206 +4%
XF
13
XML Financial
Maryland
$2.71M +$270K +11,157 +11%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$2.5M +$1.56M +64,361 +167%
Stifel Financial
15
Stifel Financial
Missouri
$2.34M +$176K +7,279 +8%
GEM
16
Global Endowment Management
North Carolina
$1.46M
AA
17
AQR Arbitrage
Connecticut
$1.21M +$431K +17,817 +56%
KFGK
18
Keystone Financial Group (Kentucky)
Kentucky
$1.03M +$45.6K +1,885 +5%
BKA
19
Brick & Kyle Associates
Pennsylvania
$932K -$3.29K -136 -0.4%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$923K -$33.8K -1,398 -4%
Ameriprise
21
Ameriprise
Minnesota
$832K +$187K +7,722 +29%
RIL
22
Rothschild Investment LLC
Illinois
$830K -$48.4K -2,000 -6%
Thrivent Financial for Lutherans
23
Thrivent Financial for Lutherans
Minnesota
$805K
TC
24
Telemus Capital
Michigan
$721K -$124K -5,145 -15%
SPIA
25
Steward Partners Investment Advisory
New York
$682K +$8.08K +334 +1%