0001145549-19-001176.txt : 20190111 0001145549-19-001176.hdr.sgml : 20190111 20190111124806 ACCESSION NUMBER: 0001145549-19-001176 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20181031 FILED AS OF DATE: 20190111 DATE AS OF CHANGE: 20190111 EFFECTIVENESS DATE: 20190111 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VIRTUS ALTERNATIVE SOLUTIONS TRUST CENTRAL INDEX KEY: 0001589756 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-22906 FILM NUMBER: 19521937 BUSINESS ADDRESS: STREET 1: 101 MUNSON STREET CITY: GREENFIELD STATE: MA ZIP: 01301 BUSINESS PHONE: 860.263.4790 MAIL ADDRESS: STREET 1: 100 PEARL STREET CITY: HARTFORD STATE: CT ZIP: 06103 FORMER COMPANY: FORMER CONFORMED NAME: VIRTUS ALTERNATIVE SOLUTIONS FUNDS DATE OF NAME CHANGE: 20140204 FORMER COMPANY: FORMER CONFORMED NAME: VIRTUS ALTERNATIVES TRUST I DATE OF NAME CHANGE: 20131022 N-CEN 1 primary_doc.xml X0101 N-CEN LIVE 0001589756 XXXXXXXX false false false N-1A true Virtus Alternative Solutions Trust 811-22906 0001589756 549300LL1U2Z63VKA167 101 Munson Street Greenfield 01301-9668 US-MA US 860.263.4790 Virtus Alternative Investment Advisers, Inc. One Financial Plaza 9th Floor Hartford 06103-4506 800-248-7971 Records related to its functions as investment adviser Aviva Investors Global Services Limited No. 1 Poultry London GB EC2R 8EJ (44)20-7809-6000 Records related to its functions as participating affiliate of sub-adviser VP Distributors, LLC One Financial Plaza Hartford 06103 860-263-4736 Records related to its functions as principal underwriter Jennifer Fromm, Esq. One Financial Plaza Hartford 06103 (800)-243-1574 Records relating to her function as a Secretary of the Trust Virtus Fund Services, LLC One Financial Plaza Hartford 06103 860-263-4790 Records relating to its function as Administrator and Transfer Agent The Bank of New York Mellon 240 Greenwich Street New York 10286 1-212-495-1784 Records related to its function as custodian Newfleet Asset Management, LLC One Financial Plaza 7th Floor Hartford 06103 877-332-8172 Records related to its functions as sub-adviser BNY Mellon Investment Servicing (US) Inc. 301 Bellevue Parkway Wilmington 19809 302-791-1700 Records related to its functions as fund accountant, sub-administrator, sub-transfer agent and dividend dispersing agent Duff & Phelps Investment Management Co. 200 South Wacker Drive Suite 500 Chicago 60606-5802 800-248-7971 Records related to its functions as sub-adviser Aviva Investors Americas LLC 225 West Wacker Drive Suite 1750 Chicago 60606 312-873-5800 Records related to its functions as sub-adviser Y N N-1A 3 Y Philip R. McLoughlin N/A N James M. Oates N/A N Richard E. Segerson N/A N George R. Aylward N/A Y Thomas J. Brown N/A N Donald C. Burke 001849255 N Roger A. Gelfenbien N/A N Sidney E. Harris 004994519 N John R. Mallin N/A N Hassell H. McClellan N/A N Connie D. McDaniel N/A N Geraldine M. McNamara N/A N Nancy J. Engberg 002952960 One Financial Plaza Hartford 06103-4506 XXXXXX N N N N N N VP Distributors, LLC 008-14100 000003036 N/A Y N PricewaterhouseCoopers LLP 238 5493002GVO7EO8RNNS37 N N N N N N N Virtus Aviva Multi-Strategy Target Return Fund S000048832 549300QU7C7MB70P4505 Y 4 0 0 N/A N N N N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 22d-1 (17 CFR 270.22d-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N Virtus Alternative Investment Advisers, Inc. 801-67924 000143732 5493006J8H7JPKGZRE55 N Aviva Investors Americas LLC 801-76637 000163989 54930016JCCSDQVZBE19 N N Virtus Fund Services, LLC 084-06485 N/A Y N BNY Mellon Investment Servicing (US) Inc. 084-01761 549300CFZQLI9QMJ1Z03 N Y N ICE Clear Credit LLC T33OE4AS4QXXS2TT7X50 N LCH.Clearnet Limited F226TOH6YD6XJB17KS62 GB N IHS MARKIT GROUP HOLDINGS LIMITED 2138005LTLTVZ4WMEX25 GB N PricingDirect Inc. 549300WIC0TOJ7N7GD54 N Bloomberg Inc. 549300RMUDWPHCUQNE66 N ICE Data Pricing & Reference Data, LLC 5493000NQ9LYLDBCTL34 N Thomson Reuters Corporation 549300561UZND4C7B569 CA N N The Bank of New York Mellon HPFHU0OQ28E4N0NFVK49 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) THE BANK OF NEW YORK MELLON (United Kingdom) N/A GB N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) THE STANDARD BANK OF SOUTH AFRICA QFC8ZCW3Q5PRXU1XTM60 ZA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Cititrust Colombia S A Sociedad Fiduciaria 549300242J3IJCOSGI49 CO N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Deutsche Bank AG (Phillipines) N/A PH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Citibank N.A., Brazilian Branch 1P0UUG7LC1S92QTNHG39 BR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Hongkong and Shanghai Banking Corporation (Thailand) 2HI3YI5320L3RW6NJ957 TH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Bank of New York Mellon, SA/NV (Netherlands) MMYX0N4ZEZ13Z4XCG897 NL N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Skandinaviska Enskilda Banken AB, Stockholm F3JS33DEI6XQ4ZBPTN86 SE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Skandinaviska Enskilda Banken, Helsinki Branch F3JS33DEI6XQ4ZBPTN86 FI N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Skandinaviska Enskilda Banken AB, Oslo Branch F3JS33DEI6XQ4ZBPTN86 NO N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Bank Hapoalim B.M. 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(Turkey) 789000N5SE3LWDK7OI11 TR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) DBS Bank Ltd, Singapore ATUEL7OJR5057F2PV266 SG N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Credit Suisse (Switzerland) Ltd. 549300CWR0W0BCS9Q144 CH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Citibank Europe plc. Hungarian Branch Office 549300UJQU5R5G17NH37 HU N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Citibank Europe plc, organizacnj slozka N1FBEDJ5J41VKZLO2475 CZ N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Citibank del Peru S.A. 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Report of Independent Registered Public Accounting Firm

To the Board of Trustees of Virtus Alternative Solutions Trust and Shareholders of Virtus Aviva Multi-Strategy Target Return Fund, Virtus Duff & Phelps Select MLP and Energy Fund and Virtus Newfleet Credit Opportunities Fund

In planning and performing our audits of the financial statements of Virtus Aviva Multi-Strategy Target Return Fund, Virtus Duff & Phelps Select MLP and Energy Fund and Virtus Newfleet Credit Opportunities Fund (constituting Virtus Alternative Solutions Trust, hereafter referred to as the “Trust”), as of and for the year ended October 31, 2018, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (“PCAOB”), we considered the Trust’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinions on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Trust’s internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Trust’s internal control over financial reporting.

The management of the Trust is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Trust’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Trust’s internal control over financial reporting and their operations, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of October 31, 2018.


This report is intended solely for the information and use of the Board of Trustees of Virtus Alternative Solutions Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

December 20, 2018

 

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