Relative Value Partners Group, LLC Buys SPDR Barclays Short Term Treasury ETF, Vanguard FTSE All-World ex-US ETF, Barings BDC Inc, Sells iShares MSCI Japan ETF, Barings BDC Inc, General American Investors Company Inc

• New Purchases: SPTS, VEU, BBDC, VVR, MUB, VTEB, TCF, HIG, LNC, IEUR,
• Added Positions: SHY, DGRW, VTI, GFY, IEF, AEF, EVG, IEI, NFJ, WFCPL.PFD, TRTX, NHA, EVV, FRA, NIQ, EQC, GDL, FEI, EFT, SPE, OCSI, AOD, BSV, JMT, MFL, LADR, IVE, XLV, MFA, JMM, TPZ, PFLT, ABBV, EXD, FIV, TCPC, BDJ, ACRE, GDX, IAU, UNM, TUES, INTC, XOM, C,
• Reduced Positions: EWJ, GAM, TSI, BTZ, EMF, PNNT, EIM, ARCC, BLW, OEF, JQC, MCR, TY, USA, MGF, GPMT, SHV, NUV, VGT, FOCS, AMLP, SPY, WMT, AMG, JNK, BAC, ABT, RGT, CVX, AGD, EGF, LOR, MSFT, FEZ, IEFA, VHT, VWO, DXJ, XLU, VPU, VGK, ETY, MGU, BSE, MUI, NXN, NXQ, GF, JEQ, EEA, L, WMB, PFE, MRK, LLY,
• Sold Out: TRY, OPP, EFL, FEN, DSU, VTIP, EEM, IWM, SO, DEX,

For the details of Relative Value Partners Group, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/relative+value+partners+group%2C+llc/current-portfolio/portfolio

1. iShares S&P 100 ETF (OEF) - 463,470 shares, 6.90% of the total portfolio. Shares reduced by 3.15%
2. iShares 1-3 Year Treasury Bond ETF (SHY) - 450,171 shares, 4.39% of the total portfolio. Shares added by 27.78%
3. Eaton Vance Ltd Duration Income Fund (EVV) - 2,826,631 shares, 4.11% of the total portfolio. Shares added by 2.54%
4. iShares 3-7 Year Treasury Bond ETF (IEI) - 261,638 shares, 3.78% of the total portfolio. Shares added by 6.16%
5. Allianzgi NFJ Dividend, Interest & Premium Strateg (NFJ) - 2,451,784 shares, 3.49% of the total portfolio. Shares added by 5.07%

Relative Value Partners Group, LLC initiated holding in SPDR Barclays Short Term Treasury ETF. The purchase prices were between $29.43 and $29.91, with an estimated average price of $29.63. The stock is now traded at around $30.05. The impact to a portfolio due to this purchase was 1.41%. The holding were 407,673 shares as of .

Relative Value Partners Group, LLC initiated holding in Vanguard FTSE All-World ex-US ETF. The purchase prices were between $48.72 and $51.74, with an estimated average price of $50.46. The stock is now traded at around $47.59. The impact to a portfolio due to this purchase was 1.35%. The holding were 230,479 shares as of .

Relative Value Partners Group, LLC initiated holding in Barings BDC Inc. The purchase prices were between $9.81 and $10.33, with an estimated average price of $9.97. The stock is now traded at around $9.69. The impact to a portfolio due to this purchase was 1.16%. The holding were 1,023,614 shares as of .

Relative Value Partners Group, LLC initiated holding in Invesco Senior Income Trust. The purchase prices were between $4.14 and $4.35, with an estimated average price of $4.27. The stock is now traded at around $4.14. The impact to a portfolio due to this purchase was 0.48%. The holding were 970,619 shares as of .

Relative Value Partners Group, LLC initiated holding in iShares National Muni Bond ETF. The purchase prices were between $110.67 and $113.09, with an estimated average price of $111.96. The stock is now traded at around $115.26. The impact to a portfolio due to this purchase was 0.04%. The holding were 2,717 shares as of .

Relative Value Partners Group, LLC initiated holding in Vanguard Tax-Exempt Bond ETF. The purchase prices were between $51.93 and $53.07, with an estimated average price of $52.52. The stock is now traded at around $54.10. The impact to a portfolio due to this purchase was 0.04%. The holding were 5,791 shares as of .

Relative Value Partners Group, LLC added to a holding in iShares 1-3 Year Treasury Bond ETF by 27.78%. The purchase prices were between $83.84 and $84.81, with an estimated average price of $84.21. The stock is now traded at around $84.94. The impact to a portfolio due to this purchase was 0.95%. The holding were 450,171 shares as of .

Relative Value Partners Group, LLC added to a holding in WisdomTree U.S. Dividend Growth Fund by 32.07%. The purchase prices were between $40.89 and $44.45, with an estimated average price of $43.3. The stock is now traded at around $42.49. The impact to a portfolio due to this purchase was 0.83%. The holding were 682,610 shares as of .

Relative Value Partners Group, LLC added to a holding in Vanguard Total Stock Market ETF by 21.95%. The purchase prices were between $140.41 and $150.7, with an estimated average price of $147.25. The stock is now traded at around $145.65. The impact to a portfolio due to this purchase was 0.62%. The holding were 198,220 shares as of .

Relative Value Partners Group, LLC added to a holding in Western Asset Variable Rate Strategic Fd by 24.57%. The purchase prices were between $15.87 and $16.48, with an estimated average price of $16.09. The stock is now traded at around $16.40. The impact to a portfolio due to this purchase was 0.44%. The holding were 1,196,811 shares as of .

Relative Value Partners Group, LLC added to a holding in iShares 7-10 Year Treasury Bond ETF by 82.72%. The purchase prices were between $104.27 and $109.7, with an estimated average price of $106.59. The stock is now traded at around $113.27. The impact to a portfolio due to this purchase was 0.4%. The holding were 69,976 shares as of .

Relative Value Partners Group, LLC added to a holding in Aberdeen Emerging Markets Equity Income Inc by 67.72%. The purchase prices were between $6.91 and $7.62, with an estimated average price of $7.29. The stock is now traded at around $6.74. The impact to a portfolio due to this purchase was 0.3%. The holding were 874,980 shares as of .

Relative Value Partners Group, LLC sold out a holding in Barings BDC Inc. The sale prices were between $8.5 and $9.18, with an estimated average price of $8.69.

Relative Value Partners Group, LLC sold out a holding in RiverNorth/DoubleLine Strategic Opportunity Fund I. The sale prices were between $16.65 and $17.32, with an estimated average price of $16.97.

Relative Value Partners Group, LLC sold out a holding in EATON VANCE FLOAT-RATE 2022 TARGET TERM. The sale prices were between $9.17 and $9.58, with an estimated average price of $9.34.

Relative Value Partners Group, LLC sold out a holding in First Trust Energy Income & Growth Fund. The sale prices were between $21.44 and $22.95, with an estimated average price of $22.08.

Relative Value Partners Group, LLC sold out a holding in Blackrock Debt Strategies Fund Inc. The sale prices were between $10.46 and $10.9, with an estimated average price of $10.74.

Relative Value Partners Group, LLC sold out a holding in Vanguard Short-Term Inflation-Protected Securities. The sale prices were between $48.65 and $49.37, with an estimated average price of $48.97.