Relative Value Partners Group, LLC Buys iShares Core MSCI Emerging Markets, Vanguard Value, Aberdeen Emerging Markets Equity Income Inc, Sells Tri-Continental Corp, SPDR S&P Bank, Liberty All Star Equity Fund

• New Purchases: IEMG, FOCS, WFCPL.PFD, TCPC, TRTX, DOCU, ABBV, ABT, WMB, GIS, IWM, EXD, SO, MS, IVW, TUES,
• Added Positions: VTV, AEF, EIM, NIQ, FEI, EVV, OEF, GDL, OCSI, TRY, NHA, NXQ, GPMT, IEF, BAC, MIN, XLV, SPY, IAU, PFE, IVE, CVX, NXR, VO, XLU, VPU, INTC, MFA, MRK, L, JEQ, GF, ETY,
• Reduced Positions: TY, TSI, IEI, USA, ACRE, LADR, PNNT, OPP, EMF, EFL, FEN, JMT, BTZ, NUV, SHV, PPR, MGF, SHY, MCR, SPEPB.PFD, TPZ, EGF, GAM, AMLP, NXN, PHD, FIV, AOD, BLW, ARCC, BSV, EFA, EEM, FEZ, IEFA, GNW, PFF, LLY, MGU, DXJ, MFL, EEA, AMG, MUI, RGT, DEX, LOR, BDJ, VGK,
• Sold Out: KBE, VEU, 8TC, MTT, BIL, TEI, ETJ,

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 (OEF) - 478,535 shares, 7.01% of the total portfolio. Shares added by 1.99%
2. Eaton Vance Ltd Duration Income Fund (EVV) - 2,756,679 shares, 4.08% of the total portfolio. Shares added by 3.73%
3. iShares 3-7 Year Treasury Bond ETF (IEI) - 246,458 shares, 3.55% of the total portfolio. Shares reduced by 11.01%
4. Nuveen Mortgage Opportunity Term Fund (JLS) - 1,279,296 shares, 3.50% of the total portfolio. Shares reduced by 0.2%
5. iShares 1-3 Year Treasury Bond ETF (SHY) - 352,296 shares, 3.47% of the total portfolio. Shares reduced by 1.26%

Relative Value Partners Group, LLC initiated holding in iShares Core MSCI Emerging Markets. The purchase prices were between $46.41 and $52.64, with an estimated average price of $50.65. The stock is now traded at around $49.62. The impact to a portfolio due to this purchase was 0.77%. The holding were 127,878 shares as of .

Relative Value Partners Group, LLC initiated holding in Focus Financial Partners Inc. The purchase prices were between $24.78 and $39.15, with an estimated average price of $31.35. The stock is now traded at around $32.42. The impact to a portfolio due to this purchase was 0.37%. The holding were 88,729 shares as of .

Relative Value Partners Group, LLC initiated holding in Wells Fargo & Co. The purchase prices were between $1261.9 and $1308.5, with an estimated average price of $1291.81. The stock is now traded at around $1319.00. The impact to a portfolio due to this purchase was 0.22%. The holding were 1,486 shares as of .

Relative Value Partners Group, LLC initiated holding in BlackRock TCP Capital Corp. The purchase prices were between $13.04 and $14.87, with an estimated average price of $14.24. The stock is now traded at around $14.45. The impact to a portfolio due to this purchase was 0.19%. The holding were 117,450 shares as of .

Relative Value Partners Group, LLC initiated holding in TPG RE Finance Trust Inc. The purchase prices were between $18.28 and $20.42, with an estimated average price of $19.67. The stock is now traded at around $19.58. The impact to a portfolio due to this purchase was 0.15%. The holding were 65,397 shares as of .

Relative Value Partners Group, LLC initiated holding in DocuSign Inc. The purchase prices were between $38.83 and $58.85, with an estimated average price of $50.83. The stock is now traded at around $52.52. The impact to a portfolio due to this purchase was 0.04%. The holding were 6,481 shares as of .

Relative Value Partners Group, LLC added to a holding in Vanguard Value by 98.82%. The purchase prices were between $96.19 and $109.3, with an estimated average price of $105.18. The stock is now traded at around $107.97. The impact to a portfolio due to this purchase was 0.71%. The holding were 112,886 shares as of .

Relative Value Partners Group, LLC added to a holding in Aberdeen Emerging Markets Equity Income Inc by 1506.17%. The purchase prices were between $6.35 and $7.38, with an estimated average price of $7.06. The stock is now traded at around $7.18. The impact to a portfolio due to this purchase was 0.41%. The holding were 521,701 shares as of .

Relative Value Partners Group, LLC added to a holding in Eaton Vance Municipal Bond Fund by 30.05%. The purchase prices were between $11.29 and $12.4, with an estimated average price of $11.76. The stock is now traded at around $12.56. The impact to a portfolio due to this purchase was 0.3%. The holding were 890,725 shares as of .

Relative Value Partners Group, LLC added to a holding in Nuveen Inter Dur Quality Muni Term Fund by 47.74%. The purchase prices were between $12.35 and $13.08, with an estimated average price of $12.77. The stock is now traded at around $13.18. The impact to a portfolio due to this purchase was 0.27%. The holding were 553,186 shares as of .

Relative Value Partners Group, LLC added to a holding in First Trust MLP and Energy Income Fund by 22.05%. The purchase prices were between $9.8 and $11.66, with an estimated average price of $11.22. The stock is now traded at around $11.72. The impact to a portfolio due to this purchase was 0.17%. The holding were 692,796 shares as of .

Relative Value Partners Group, LLC added to a holding in Nuveen Select Tax Free Income Port 2 by 22.72%. The purchase prices were between $13.41 and $13.93, with an estimated average price of $13.7. The stock is now traded at around $14.13. The impact to a portfolio due to this purchase was 0.03%. The holding were 85,896 shares as of .

Relative Value Partners Group, LLC sold out a holding in SPDR S&P Bank. The sale prices were between $37.53 and $45.5, with an estimated average price of $42.7.

Relative Value Partners Group, LLC sold out a holding in Vanguard FTSE All World Ex US. The sale prices were between $45.08 and $50.94, with an estimated average price of $48.91.

Relative Value Partners Group, LLC sold out a holding in BlackRock TCP Capital Corp. The sale prices were between $11.35 and $13.22, with an estimated average price of $12.45.

Relative Value Partners Group, LLC sold out a holding in Western Asset Mu Defined Opp Tr Inc. The sale prices were between $19.51 and $20.92, with an estimated average price of $20.48.

Relative Value Partners Group, LLC sold out a holding in SPDR Bloomberg Barclays 1-3 Month T-Bill. The sale prices were between $90.75 and $91.25, with an estimated average price of $91.01.

Relative Value Partners Group, LLC sold out a holding in Eaton Vance Risk-Mgd Diversified Eq Inc. The sale prices were between $7.92 and $9.24, with an estimated average price of $8.76.