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SPE

Special Opportunities Fund

Name Holding Trade Value Shares
Change
Change in
Stake
RVP
1
Relative Value Partners
Illinois
$23.3M +$23.7M +1,441,679 New
KIM
2
Karpus Investment Management
New York
$19M +$19.3M +1,177,359 New
AA
3
Ancora Advisors
Ohio
$2.98M +$3.03M +184,404 New
BBPWM
4
Blue Bell Private Wealth Management
Pennsylvania
$2.92M +$2.96M +180,268 New
RCM
5
Rivernorth Capital Management
Florida
$2.73M +$2.77M +168,763 New
WI
6
Western Investment
Utah
$731K +$743K +45,214 New
SFS
7
Shaker Financial Services
Virginia
$633K +$643K +39,142 New
Morgan Stanley
8
Morgan Stanley
New York
$388K +$394K +23,985 New
Bank of America
9
Bank of America
North Carolina
$338K +$343K +20,879 New
Wells Fargo
10
Wells Fargo
California
$312K +$317K +19,291 New
AAM
11
Advisors Asset Management
Colorado
$311K +$317K +19,259 New
IT
12
Independence Trust
Tennessee
$273K +$278K +16,887 New
KFS
13
KMS Financial Services
Washington
$263K +$267K +16,265 New
TJHA
14
Thomas J. Herzfeld Advisors
Florida
$254K +$258K +15,688 New
FANJ
15
Financial Architects (New Jersey)
New Jersey
$253K +$257K +15,623 New
U
16
UBS
Switzerland
$113K +$115K +7,001 New
First Manhattan
17
First Manhattan
New York
$94K +$93K +5,659 New
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$70K +$71.3K +4,336 New
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$55K +$56.2K +3,421 New
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$49K +$49.3K +3,002 New
CFA
21
Carroll Financial Associates
North Carolina
$20K +$20.6K +1,256 New
Barclays
22
Barclays
United Kingdom
$12K +$12K +733 New
MA
23
MUFG Americas
New York
$10K +$10.7K +648 New
US Bancorp
24
US Bancorp
Minnesota
$3K +$2.58K +157 New