INVESTMENT COMPANY BLANKET BOND - SUMMARY PREMIUM ALLOCATION 7/1/2023 - 7/1/2024

Premium for $44M bond coverage limit(55,688 + 34,553)		90,241.00
Allocation: 13% VP Distributors		11,731.33
12% Virtus Fund Services		10,828.92
26% Investment Advisors		23,462.66		[SEE DISTRIBUTION BELOW]
1% Virtus Partners		902.41
48% Mutual Funds		43,315.68		[SEE DISTRIBUTION BELOW]
FUND	Gross Assets as of 6-30-2023		% of (48%) Total			Total Allocated Premium
Virtus Alternative Solutions Trust		4,531,376,798.28		0.069243038			2,999.31
Virtus Asset Trust		6,974,788,325.50		0.106580307			4,616.60
Virtus Equity Trust		12,205,585,080.48		0.186511038			8,078.85
Virtus Event Opportunities Trust		482,266,086.80		0.007369409			319.21
Virtus Investment Trust		10,677,796,179.65		0.163165209			7,067.61
Virtus Opportunities Trust		11,252,370,365.11		0.171945159			7,447.92
Virtus Strategy Trust		3,237,193,622.53		0.049466891			2,142.69
Virtus Variable Insurance Trust		839,112,028.49		0.012822298			555.41
The Merger Fund ®		3,592,735,766.22		0.054899857			2,378.02
The Merger Fund ® VL		43,831,804.14		0.000669785			29.01
DNP Select Income Fund, Inc. (DNP)		4,176,465,244.00		0.063819707			2,764.39
DTF Tax Free Income, Inc. (DTF)		103,715,762.00		0.001584859			68.65
Duff & Phelps Global Utility and Infrastructure Fund, Inc. (DPG)		601,193,911.61		0.009186721			397.93
Virtus Global Multi-Sector Income Fund (VGI)		147,025,492.14		0.002246666			97.32
Virtus Total Return Fund Inc. (ZTR)		689,704,073.59		0.010539226			456.51
ETFis Series Trust I		1,164,373,778.77		0.017792556			770.70
Virtus ETF Series Trust II		210,703,809.32		0.003219722			139.46
Virtus Artificial Intelligence & Technology Opportunities Fund (AIO)		820,622,809.91		0.012539769			543.17
Virtus Convertible & Income Fund (NCV)		558,110,081.94		0.008528365			369.41
Virtus Convertible & Income Fund II (NCZ)		424,947,652.37		0.006493538			281.27
Virtus Convertible & Income 2024 Target Term Fund (CBH)		240,221,418.82		0.003670774			159.00
Virtus Diversified Income & Convertible Fund (ACV)		330,197,799.55		0.005045685			218.56
Virtus Equity & Convertible Income Fund (NIE)		645,843,439.80		0.009869001			427.48
Virtus Dividend, Interest & Premium Strategy Fund (NFJ)		1,365,008,974.81		0.020858422			903.50
Virtus Stone Harbor Emerging Markets Income Fund (EDF)		74,878,650.95		0.001144205			49.56
Virtus Stone Harbor Emerging Markets Total Income Fund (EDI)		51,554,407.83		0.000787792			34.12
Total		65,441,623,364.61		100.00	%		43,315.68
INVESTMENT ADVISER	Gross Assets by Adviser as of 6-30-2023		% of (26%) Total			Allocated Premium
Virtus Investment Advisers, Inc.		13,981,123,442.92		0.213643			5,012.63
Virtus Alternative Investment Advisers, Inc.		93,223,266.73		0.001425			33.42
Virtus ETF Advisers LLC		1,206,004,165.88		0.018429			432.39
Virtus Fund Advisers, LLC		510,893,167.78		0.007807			183.17
Ceredex Value Advisors LLC		3,422,850,903.77		0.052304			1,227.19
Duff & Phelps Investment Management Co.		6,931,082,325.45		0.105912			2,484.99
Kayne Anderson Rudnick Investment Management, LLC		14,488,695,780.29		0.221399			5,194.60
Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC		6,638,284,037.55		0.101438			2,380.01
NFJ Investment Group, LLC		3,548,838,643.41		0.054229			1,272.36
Seix Investment Advisors, a division of Virtus Fixed Income Advisers, LLC		3,034,218,977.15		0.046365			1,087.85
Silvant Capital Management LLC		1,521,240,473.37		0.023246			545.41
Sustainable Growth Advisers, LP		320,392,400.97		0.004896			114.87
Stone Harbor Investment Partners, a division of Virtus Fixed Income Advisers, LLC		706,501,766.06		0.010796			253.30
Westchester Capital Management, LLC / Westchester Capital Partners, LLC		4,118,833,657.16		0.062939			1,476.72
AlphaSimplex Group LLC / AlphaSimplex GP, LLC		4,402,020,853.06		0.067266			1,578.25
Virtus Systematic team of Virtus Investment Advisers, Inc.		280,269,088.08		0.004283			100.48
Virtus Multi-Asset team of Virtus Investment Advisers, Inc.		237,150,414.98		0.003624			85.03
Total		65,441,623,364.61		100.00	%		23,462.66