Shaker Financial Services adds Virtus Total Return Fund (DCA) to its portfolio

Virtus Total Return Fund (DCA) : Shaker Financial Services added new position in Virtus Total Return Fund during the most recent quarter end. The investment management firm now holds 371,904 shares of Virtus Total Return Fund which is valued at $1,707,039 , the company said in a statement filed on Aug 1, 2016 with the SEC.Virtus Total Return Fund makes up approximately 1.15% of Shaker Financial Services’s portfolio.

Other Hedge Funds, Including , Signaturefd sold out all of its stake in DCA during the most recent quarter. The investment firm sold 17,943 shares of DCA which is valued $82,897.Financial Investment Management Group Ltd reduced its stake in DCA by selling 148,824 shares or 63.47% in the most recent quarter. The Hedge Fund company now holds 85,650 shares of DCA which is valued at $395,703. Virtus Total Return Fund makes up approx 0.11% of Financial Investment Management Group Ltd’s portfolio.Blue Bell Private Wealth Management boosted its stake in DCA in the latest quarter, The investment management firm added 3,011 additional shares and now holds a total of 48,716 shares of Virtus Total Return Fund which is valued at $225,068. Virtus Total Return Fund makes up approx 0.14% of Blue Bell Private Wealth Management’s portfolio.Sit Investment Associates Inc boosted its stake in DCA in the latest quarter, The investment management firm added 455,642 additional shares and now holds a total of 498,580 shares of Virtus Total Return Fund which is valued at $2,303,440. Virtus Total Return Fund makes up approx 0.06% of Sit Investment Associates Inc’s portfolio.

Virtus Total Return Fund is a non-diversified closed-end management investment company. The Fund’s investment objective is total return consisting of both capital appreciation and current income. The Fund is invested in a balance of approximately 60% equity and 40% fixed income. Its portfolio of sectors consists of utilities energy telecommunication services financials energy and consumer discretionary among others. The Fund may invest in direct debt instruments which are interests in amounts owed by a corporate Governmental or other borrower to lenders or lending syndicates. Virtus Investment Advisers Inc. serves as the Fund’s advisor. Duff & Phelps Investment Management Co serves as the Fund’s sub-adviser.

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