Virtus Low Volatility Equity Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 1.6 0.0 1.6
Stocks 98.33 0.0 98.33
Bonds 0.0 0.0 0.0
Other 0.0 0.0 0.0
Foreign Bonds 0.0 0.0 0.0
Foreign Stocks 0.09 0.02 0.07
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 03.31.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 03.31.2014

% Net Assets
iShares S&P 100 98.41
Vix Index 4/16/14 19.00 0.09
S&P Index 04/19/14 1945.00 0.02