INVESTMENT COMPANY BLANKET BOND - SUMMARY PREMIUM ALLOCATION 9/1/2017 - 9/1/2018

Premium for $25M bond coverage limit		48,215.00
Allocation: 12% VP Distributors		5,785.80
1% ETF Distributors		482.15
12% Virtus Fund Services		5,785.80
26% Investment Advisors		12,535.90		[SEE DISTRIBUTION BELOW]
1% Virtus Partners		482.15
48% Mutual Funds		23,143.20		[SEE DISTRIBUTION BELOW]
FUND	Gross Assets as of 8-31-2017		% of Total			Allocated Premium
Virtus Alternative Solutions Trust		214,994,985.95		0.004101284			94.92
Virtus Asset Trust		17,349,004,359.01		0.330952777			7,659.31
Virtus Equity Trust		3,973,060,958.76		0.075790837			1,754.04
Virtus Opportunities Trust		21,976,887,897.69		0.419235129			9,702.44
Virtus Retirement Trust		15,166,830.07		0.000289325			6.70
Virtus Variable Insurance Trust		984,953,805.46		0.018789159			434.84
Duff & Phelps Utility and Corporate Bond Trust, Inc.		396,107,953.00		0.007556228			174.88
DNP Select Income Fund, Inc.		3,876,901,790.00		0.073956487			1,711.59
DTF Tax Free Income, Inc.		200,858,232.00		0.003831608			88.68
Duff & Phelps Global Utility Income Fund, Inc.		970,070,245.53		0.018505237			428.27
Duff & Phelps Select Energy MLP Fund, Inc.		245,881,293.08		0.004690476			108.55
Virtus Global Multi-Sector Income Fund		268,729,887.44		0.00512634			118.64
Virtus Total Return Fund Inc.		403,555,019.88		0.007698289			178.16
Virtus Global Dividend & Income Fund Inc.		434,852,644.42		0.008295329			191.98
ETFis Series Trust I		909,503,216.36		0.01734985			401.53
Virtus ETF Series Trust II		200,860,123.50		0.003831644			88.68
Total		52,421,389,242.15		100.00	%		23,143.20
INVESTMENT ADVISOR	Gross Assets by Adviser as of 8-31-2017		% of Total			Allocated Premium
Virtus Investment Advisers		10,383,951,356.20		0.198086			2,483.19
Virtus Alternative Investment Advisers		113,406,543.01		0.002163			27.12
Virtus Retirement Investment Advisers		15,166,830.07		0.000289			3.63
Virtus ETF Advisers		670,772,725.72		0.012796			160.41
Virtus Fund Advisers		245,338,686.08		0.004680			58.67
Duff & Phelps Investment Management		7,638,162,920.57		0.145707			1,826.57
Kayne Anderson Rudnick Investment Management		4,200,997,778.27		0.080139			1,004.61
Newfleet Asset Management		10,725,340,739.55		0.204599			2,564.83
Rampart		1,324,585,989.75		0.025268			316.76
Ceredex		5,782,228,242.70		0.110303			1,382.75
Seix		11,150,659,446.37		0.212712			2,666.54
Silvant		170,777,983.86		0.003258			40.84
Total		52,421,389,242.15		100.00	%		12,535.90