SC 13D/A 1 thirda.txt SCHEDULE 13D/A DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT 12/4/14 1. NAME OF REPORTING PERSON Bulldog Investors, LLC 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION DE ___________________________________________________________ 7. SOLE VOTING POWER 842,202 8. SHARED VOTING POWER 243,388 9. SOLE DISPOSITIVE POWER 842,202 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 243,388 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,085,590 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 11.97% 14. TYPE OF REPORTING PERSON IA 1. NAME OF REPORTING PERSON Bulldog Investors Group of Funds 2. CHECK THE BOX IF MEMBER OF A GROUP a[X] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION DE ___________________________________________________________ 7. SOLE VOTING POWER 842,202 8. SHARED VOTING POWER 0 9. SOLE DISPOSITIVE POWER 842,202 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 0 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 842,202 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 9.29% 14. TYPE OF REPORTING PERSON IC 1. NAME OF REPORTING PERSON Bulldog Investors General Partnership 2. CHECK THE BOX IF MEMBER OF A GROUP a[X] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION DE ___________________________________________________________ 7. SOLE VOTING POWER 824,942 8. SHARED VOTING POWER 0 9. SOLE DISPOSITIVE POWER 824,942 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 0 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 824,942 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 9.09% 14. TYPE OF REPORTING PERSON IC ___________________________________________________________ 1. NAME OF REPORTING PERSON Phillip Goldstein 2. CHECK THE BOX IF MEMBER OF A GROUP a[x] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 842,202 8. SHARED VOTING POWER 243,388 9. SOLE DISPOSITIVE POWER 842,202 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 243,388 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,085,590 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 11.97% 14. TYPE OF REPORTING PERSON IN ___________________________________________________________ 1. NAME OF REPORTING PERSON Andrew Dakos 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 842,202 8. SHARED VOTING POWER 243,388 9. SOLE DISPOSITIVE POWER 842,202 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 243,388 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,085,590 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 11.97% 14. TYPE OF REPORTING PERSON IN ___________________________________________________________ 1. NAME OF REPORTING PERSON Steven Samuels 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 842,202 8. SHARED VOTING POWER 243,388 9. SOLE DISPOSITIVE POWER 842,202 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 243,388 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,085,590 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 11.97% 14. TYPE OF REPORTING PERSON IN _______________________________________________________ Item 1. SECURITY AND ISSUER This statement constitutes Amendment #10 to the schedule 13d filed November 22, 2013. Except as specifically set forth herein, the Schedule 13d remains unmodified. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER As per the 10-Q filed on November 10, 2014 there were 9,072,032 shares of common stock outstanding as of 10/31/2014. The percentages set forth herein were derived using such number.Phillip Goldstein, Andrew Dakos and Steven Samuels own Bulldog Investors, LLC, a registered investment advisor. As of December 4, 2014, Bulldog Investors, LLC is deemed to be the beneficial owner of 1,085,590 shares of SVVC by virtue of Bulldog Investors, LLC's power to direct the vote of, and dispose of, these shares. These 1,085,590 shares of SVVC include 842,202 shares (representing 9.29% of SVVC's outstanding shares) that are beneficially owned by (1) Mr. Goldstein and (2) the following entities over which Messrs. Goldstein, Dakos and Samuels exercise control: Bulldog Investors General Partnership, Opportunity Partners LP, Calapasas West Partners, LP, Full Value Special Situations Fund, LP, Full Value Offshore Fund, Ltd., Full Value Partners, LP, Opportunity Income Plus, LP, and MCM Opportunity Partners, LP (collectively, Bulldog Investors Group of Funds). Bulldog Investors Group of Funds and Mr. Goldstein may be deemed to constitute a group. Bulldog Investors General Partnership is the beneficial owner of 824,942 shares (representing 9.09% of SVVC's outstanding shares). All other shares included in the aforementioned 1,085,590 shares of SVVC beneficially owned by Bulldog Investors, LLC (solely by virtue of its power to sell or direct the vote of these shares) are also beneficially owned by clients of Bulldog Investors, LLC who are not members of any group. The total number of these "non-group" shares is 243,388 shares (representing 2.68% of SVVC's outstanding shares). c) During the last 60 days the following shares of SVVC were sold: Date: Shares: Price: 11/07/14 (1,200) 22.7083 11/11/14 (9,464) 22.6504 11/12/14 (21,577) 22.7064 11/12/14 (25,000) 22.6600 11/24/14 (3,034) 22.5976 11/26/14 (17,000) 22.5413 12/01/14 (2,000) 22.5310 12/02/14 (10,000) 22.6609 12/04/14 (185,000) 19.6000 d) Beneficiaries of managed accounts are entitled to receive any dividends or sales proceeds. e) NA ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None Footnote 1: The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest therein. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: 12/05/2014 By: /s/ Phillip Goldstein Name: Phillip Goldstein By: /S/ Andrew Dakos Name: Andrew Dakos By: /S/ Steven Samuels Name: Steven Samuels Bulldog Investors, LLC By: /s/ Andrew Dakos Andrew Dakos, Member Bulldog Investors General Partnership By: /s/ Phillip Goldstein Phillip Goldstein, Manager of the Managing General Partner OPPORTUNITY PARTNERS, LP By: /s/ Andrew Dakos Andrew Dakos, Manager of the GP CALAPASAS WEST PARTNERS, LP By: /s/ Andrew Dakos Andrew Dakos, Manager of the GP FULL VALUE SPECIAL SITUATIONS FUND, LP By: /s/ Andrew Dakos Andrew Dakos, Manager of the GP FULL VALUE OFFSHORE FUND, LTD. By: /s/ Andrew Dakos Andrew Dakos, Director FULL VALUE PARTNERS, LP By: /s/ Andrew Dakos Andrew Dakos, Manager of the GP OPPORTUNITY INCOME PLUS FUND, LP By: /s/ Andrew Dakos Andrew Dakos, Manager of the GP MCM OPPORTUNITY PARTNERS, LP By: /s/ Andrew Dakos Andrew Dakos, Manager of the GP