Relative Value Partners, LLC

13F filer, CIK 1356223, NORTHBROOK, IL

Relative Value Partners, LLC reported $725,839,000 across 100 holdings for the quarter ended 2013-12-31, in a 13F-HR filed 2014-02-12. Its ten largest share positions make up 54.58% of the portfolio.

Filed 2014-02-12 (acceptance time not in the bulk data set), ingested 2026-10-07 19:53:46 UTC13F-HR 0001356223-14-000002

Period: 2013-12-31
Reported value: $726M
Holdings: 100
Top 10 weight: 54.58%
New: 16
Sold out: 4

Largest buys vs the previous quarter

Security	Shares change	Approx. value
XEVVXadded	+630,331	$9.64M
XJQCXadded	+923,593	$8.99M
MINadded	+1,433,789	$7.43M
BDJadded	+871,876	$6.92M
MMTadded	+878,011	$5.81M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
POWERSHARESreduced	-560,169	-$14M
BNDreduced	-61,912	-$4.96M
BONDreduced	-31,824	-$3.33M
ETVreduced	-227,668	-$3.19M
IEFexited	-28,860	-$2.95M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2013

Share positions as resolved from 13F-HR 0001356223-14-000002, largest first. % of portfolio is the value over $725,839,000, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
OEFISHARES TR	718,376	$59.2M	8.15%	+4,491	Timeline
BTZBLACKROCK CR ALLOCATION	4,403,571	$57.5M	7.92%	+150,081	Timeline
ALLIANCEBERNSTEIN INCOME FUNALLIANCEBERNSTEIN INCOME FUN	5,397,456	$38.5M	5.3%	+143,608
XETYXEATON VANCE TAX-MANAGED DIVE	3,404,270	$37.2M	5.12%	-56,888	Timeline
TYTRI CONTL CORP	1,814,309	$36.2M	4.99%	+22,283	Timeline
RVTROYCE SMALL CAP TRUST INC	2,251,199	$36M	4.97%	+16,252	Timeline
ETJEATON VANCE RISK-MANAGED DIV	3,067,141	$34.6M	4.76%	+54,929	Timeline
VTIVANGUARD INDEX FDS	356,360	$34.2M	4.71%	+20,637	Timeline
ZWEIG TOTAL RETURN FD INCZWEIG TOTAL RETURN FD INC	2,254,478	$31.4M	4.33%	+32,830
BDJBLACKROCK ENHANCED EQUITY DI	3,948,418	$31.4M	4.32%	+871,876	Timeline
SPESPECIAL OPPORTUNITIES FD INC	1,459,057	$25.5M	3.51%	-14,821	Timeline
PPTFRANKLIN PREMIER INCOME TR	4,330,150	$23.6M	3.25%	+507,841	Timeline
MMTABERDEEN MULTI-MARKET INCOME	3,296,042	$21.8M	3.01%	+878,011	Timeline
XMCRXMFS CHARTER INCOME TR	2,055,178	$18.6M	2.56%	+320,046	Timeline
XBOEXBLACKROCK ENHANCED GLOBAL	1,227,260	$18.4M	2.53%	+82,356	Timeline
USALIBERTY ALL STAR EQUITY FD	3,068,607	$18.3M	2.52%	-46,740	Timeline
MINABERDEEN INTER INCOME FD	3,381,006	$17.5M	2.41%	+1,433,789	Timeline
XEVVXEATON VANCE LIMITED DURATION	961,842	$14.7M	2.03%	+630,331	Timeline
MGFABERDEEN GOVT MARKETS INCOME	2,458,989	$14.1M	1.94%	+672,971	Timeline
WESTERN ASSET INFL MGMT FD IWESTERN ASSET INFL MGMT FD I	749,835	$12.7M	1.75%	-9,515
ZWEIG FUND INC.ZWEIG FUND INC.	811,187	$12.1M	1.66%	-22,370
XJQCXNUVEEN CR STRATEGIES INCOME	955,356	$9.3M	1.28%	+923,593	Timeline
VGTVANGUARD WORLD FD	103,575	$9.27M	1.28%	-224	Timeline
BNDVANGUARD BD INDEX FDS	101,113	$8.09M	1.12%	-61,912	Timeline
WESTERN ASSET VAR RT STRG FDWESTERN ASSET VAR RT STRG FD	421,100	$7.38M	1.02%	+123,999
XEXGXEATON VANCE TAX-MANAGED GLOB	713,507	$7.13M	0.98%	-222,627	Timeline
NEXPOINT CR STRATEGIES FDNEXPOINT CR STRATEGIES FD	615,882	$5.8M	0.8%	-40,557
FPFFIRST TR INTER DURATN PFD &	251,444	$5.34M	0.74%	new	Timeline
ALLIANZGI EQUITY & CONV INCOALLIANZGI EQUITY & CONV INCO	241,447	$4.71M	0.65%	-2,215
XEVGXEATON VANCE SHORT DURATION D	307,817	$4.7M	0.65%	+19,694	Timeline
BITBLACKROCK MULTI SECTOR INC T	269,204	$4.61M	0.63%	new	Timeline
DFPFLAHERTY & CRUMRINE DYNAMIC	201,710	$4.14M	0.57%	new	Timeline
NUVNUVEEN MUN VALUE FD INC	434,714	$3.93M	0.54%	+407,714	Timeline
PROSHARES TRPROSHARES TR	131,405	$3.9M	0.54%	+17,477
NUVEEN EQUITY PREM ADV FDNUVEEN EQUITY PREM ADV FD	286,234	$3.62M	0.5%	-2,732
CIIBLACKROCK ENHANCED LARGE CAP	232,351	$3.18M	0.44%	-2,261	Timeline
Vaneck Vectors Gold Miners …Vaneck Vectors Gold Miners ETF	143,237	$3.03M	0.42%	-13,480
GDOWSTRN AST GLBL CORP OPP FD I	159,457	$2.88M	0.4%	new	Timeline
APOLLO TACTICAL INCOME FD I…APOLLO TACTICAL INCOME FD INC	159,872	$2.88M	0.4%	new
XSSPXNUVEEN S&P 500 DYNAMIC OVERW	200,443	$2.83M	0.39%	-55,830	Timeline
ETVEATON VANCE TAX-MANAGED BUY-	180,733	$2.53M	0.35%	-227,668	Timeline
RGTROYCE GLOBAL TRUST INC	284,544	$2.53M	0.35%	new	Timeline
ECFELLSWORTH GROWTH & INCOME FD	295,591	$2.42M	0.33%	-769	Timeline
EOIEATON VANCE ENHANCED EQUITY	160,327	$2.08M	0.29%	-765	Timeline
GUGGENHEIM CR ALLOCATION FDGUGGENHEIM CR ALLOCATION FD	92,201	$2.07M	0.29%	new
GLOCLOUGH GLOBAL OPPORTUNITIES	124,348	$1.62M	0.22%	0	Timeline
NUVEEN EQTY PRM OPPORTUNITYFNUVEEN EQTY PRM OPPORTUNITYF	121,117	$1.53M	0.21%	-88,926
MACQUARIE GLOBAL INFRASTRUC…MACQUARIE GLOBAL INFRASTRUCTUR	54,319	$1.2M	0.17%	-4,354
BONDPIMCO ETF TR	10,517	$1.1M	0.15%	-31,824	Timeline
BXMXNUVEEN S&P 500 BUY-WRITE INCOM	72,921	$915K	0.13%	-384	Timeline
LLOEWS CORP	17,200	$830K	0.11%	0	Timeline
BGXBLACKSTONE LONG SHORT CR INC	45,274	$809K	0.11%	new	Timeline
BLACKROCK ENHANCED GOVT FD …BLACKROCK ENHANCED GOVT FD (EGF)	57,294	$799K	0.11%	+785
XBGYXBLACKROCK ENHANCED INTL DIV	80,681	$656K	0.09%	-8,993	Timeline
INTCINTEL CORP	24,031	$624K	0.09%	+500	Timeline
MSFTMICROSOFT CORP	15,970	$597K	0.08%	-69	Timeline
DSLDOUBLELINE INCOME SOLUTIONS	27,675	$584K	0.08%	new	Timeline
Polonia Bancorp, Inc.Polonia Bancorp, Inc.	58,366	$577K	0.08%	0
NNYNUVEEN N Y MUN VALUE FD	65,201	$571K	0.08%	new	Timeline
CVXCHEVRON CORPORATION	4,500	$562K	0.08%	+500	Timeline
VIRTUS TOTALVIRTUS TOTAL	127,783	$502K	0.07%	-18,816
JNJJOHNSON & JOHNSON	5,120	$469K	0.06%	0	Timeline
PIMFRANKLIN MASTER INTER INCOME	91,037	$459K	0.06%	new	Timeline
OMNIAMERICAN BANCORP INCOMNIAMERICAN BANCORP INC	21,250	$454K	0.06%	-500
PMOFRANKLIN MUN OPPORTUNITIES T	41,000	$440K	0.06%	0	Timeline
CCITIGROUP INC	8,000	$417K	0.06%	-24	Timeline
ALLIANZGI DIVIDEND INT & PRMALLIANZGI DIVIDEND INT & PRM	20,300	$360K	0.05%	0
MORGAN STANLEY ASIA PAC FD IMORGAN STANLEY ASIA PAC FD I	21,597	$358K	0.05%	-824
XLUSELECT SECTOR SPDR TR	8,900	$338K	0.05%	-800	Timeline
JPMJPMORGAN CHASE & CO	5,750	$336K	0.05%	0	Timeline
PFEPFIZER INC	10,955	$336K	0.05%	0	Timeline
MRKMERCK & CO INC	6,500	$325K	0.04%	0	Timeline
FEZSPDR INDEX SHS FDS	7,690	$325K	0.04%	-5,897	Timeline
EFAISHARES TR	4,769	$320K	0.04%	-4,295	Timeline
XLKSELECT SECTOR SPDR TR	8,714	$311K	0.04%	0	Timeline
GDLGDL FD	27,485	$303K	0.04%	0	Timeline
GFNEW GERMANY FD INC	14,974	$298K	0.04%	0	Timeline
GENERAL ELEC COGENERAL ELEC CO	10,560	$296K	0.04%	+1
BACBANK OF AMER CORP	18,226	$284K	0.04%	0	Timeline
GENERAL MTRS COGENERAL MTRS CO	9,000	$280K	0.04%	0
DXJWISDOMTREE TR	5,061	$257K	0.04%	-995	Timeline
ETWEATON VANCE TAX-MANAGED GLOB	21,007	$254K	0.03%	-20,251	Timeline
ISHARESISHARES	20,412	$248K	0.03%	-6,233
SHVISHARES TR	2,220	$245K	0.03%	0	Timeline
PGPROCTER & GAMBLE CO	3,000	$244K	0.03%	0	Timeline
CSCOCISCO SYS INC	10,600	$238K	0.03%	+500	Timeline
GLDSPDR GOLD TR	2,000	$232K	0.03%	-181	Timeline
NUVEEN DIVER CURRENCY OPPORNUVEEN DIVER CURRENCY OPPOR	22,790	$230K	0.03%	-9,465
SDYSPDR SERIES TRUST	3,000	$218K	0.03%	new	Timeline
MFS INTERMARKET INCOME TRUSTMFS INTERMARKET INCOME TRUST	26,880	$218K	0.03%	-311
GGNGAMCO GLOBAL GOLD NAT RES &	23,753	$214K	0.03%	new	Timeline
POWERSHARESPOWERSHARES	8,341	$208K	0.03%	-560,169
COPCONOCOPHILLIPS	2,900	$205K	0.03%	0	Timeline
UNMUNUM GROUP	5,750	$202K	0.03%	new	Timeline
UTFCOHEN & STEERS INFRASTRUCTUR	9,720	$200K	0.03%	new	Timeline
INTERVEST BANCSHARES CORP-AINTERVEST BANCSHARES CORP-A	23,227	$174K	0.02%	+2,227
ALPINE TOTAL DYNAMIC DIVID FALPINE TOTAL DYNAMIC DIVID F	17,000	$142K	0.02%	new
ABERDEEN ASIA-PACIFIC INCOM…ABERDEEN ASIA-PACIFIC INCOME F	20,494	$118K	0.02%	-7,278
CYS INVTS INCCYS INVTS INC	10,835	$80K	0.01%	+350
ALEXCO RESOURCE CORPALEXCO RESOURCE CORP	15,500	$20K	<0.01%	0

Sold out in Q4 2013

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
IEFISHARES TR	28,860	$2.95M	shares
VWOVANGUARD INTL EQUITY INDEX F	6,598	$265K	shares
CFS BANCORP INCCFS BANCORP INC	21,720	$241K	shares
ALPS ETF TRALPS ETF TR	11,892	$209K	shares

How Q4 2013 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001356223-14-000002	base		2014-02-12	acceptance time not in the bulk data set	2026-10-07 19:53:46 UTC