The Merger Fund VL

S000005160Merger Fund VLCIK 0001208133

Share classes

1 class of this one portfolio · 0 exchange-listed

Class ID	Symbol	Status	Security in the master	Type
C000014130	MERVX	NOT_LISTED	not exchange-listed	—

The share-class bridge is a snapshot, not history. The SEC's fund share-class file says what each class trades as today, not what it traded as at a past report date. A fund that changed ticker or converted from a mutual fund resolves to its present-day symbol for every historical month shown.

Share classes

Report period

1 period filed. Holdings below describe the selected month only.

2026-03-31

Filing

NPORT-P · filed 2026-05-29

Report date: 2026-03-31
Net assets: $24,000,578.41
Total assets: $24,612,269.09
Total liabilities: $611,690.68
Assets invested: $0
Cash not reported in C or D: $1,555,196.57
Amendment: No
Accession: 0000940400-26-022206

By asset category

N-PORT Item C.4.a

ECEquity - common$17.90M79.4%

STIVShort-term investment veh…$2.85M12.6%

DBTDebt$1.68M7.4%

LONLoan$62.3K0.3%

DEDerivative - equity$35.4K0.2%

DFEDerivative - foreign exch…$22.8K0.1%

By asset category

By issuer category

N-PORT Item C.4.b

CORPCorporate$19.70M87.4%

RFRegistered fund$2.85M12.6%

By issuer category

By investment country

as filed

USUS$15.40M68.3%

KYKY$6.83M30.3%

VGVG$173.7K0.8%

JEJE$97.3K0.4%

By country

Classification look-through

Positions resolved to the master through ISIN, then rolled up through the taxonomy. 35.4% of reported value reaches a classification.

Not resolved to the master(252)$13.26M58.8%

Equity(63)$3.04M13.5%

Equity · Financials(25)$2.65M11.7%

Equity · Industrials(6)$1.81M8.0%

Resolved, not yet classified(111)$1.30M5.8%

Equity · Health Care(3)$205.1K0.9%

Equity · Information Technology(2)$192.2K0.9%

Equity · Communication Services(2)$161.4K0.7%

Equity · Consumer Staples(1)$48.2K0.2%

Equity · Energy(2)-$114.0K-0.5%

Classification covers part of the master. 5,771 of 13,106 active securities are classified. Anything unclassified is shown as its own band rather than dropped, so a look-through total that falls short of 100% is telling you about coverage, not about the fund.

Percentages are of the reported value of positions above ($22.55M), not of the fund’s net assets ($24.00M). The two differ by cash, derivatives filed with no market value, and rounding.

Issuer↕	In master	CUSIP / ISIN	Asset	Balance↕	Value↕	Weight▼	Country
STELLAR V CAPITAL CORP Stellar V Capital Corp. SHS CL A	SVCC	000000000 KYG8475V1032	EC CORP	1,727 NS	$18.1K	0.075%	KY
K&F Growth Acquisition Corp II K&F Growth Acquisition Corp II SHS CL A	KFII	000000000 KYG522581118	EC CORP	1,682 NS	$17.6K	0.073%	KY
TRANSLATIONAL DEVELOPMENT ACQUISITION CORP Translational Development Acquisition Corp. C…	TDAC	000000000 KYG9008W1050	EC CORP	1,637 NS	$17.3K	0.072%	KY
LAFAYETTE ACQUISITION CORP LaFayette Acquisition Corp. UNIT EXP 102430	LAFAU	000000000 KYG534261212	EC CORP	1,690 NS	$17.0K	0.071%	KY
LAKE SUPERIOR ACQUISITION CORP Lake Superior Acquisition Corp. USD CL A ORD …	LKSP	000000000 VGG5354C1077	EC CORP	1,671 NS	$16.8K	0.070%	VG
SOREN ACQUISITION CORP Soren Acquisition Corp. UNIT EXP 121930	SORNU	000000000 KYG8274J1296	EC CORP	1,666 NS	$16.5K	0.069%	KY
MUZERO ACQUISITION CORP Muzero Acquisition Corp. UNITS 1 ORD SHS A & …	MUZEU	000000000 KYG8775A1224	EC CORP	1,651 NS	$16.4K	0.068%	KY
CAMBRIDGE ACQUISITION CORP Cambridge Acquisition Corp. UNITS 1 CL A SHS …	CAQUU	000000000 KYG1871M1244	EC CORP	1,644 NS	$16.4K	0.068%	KY
GOLDMAN SACHS & CO. LLC TRS CINTAS CORP	—	000000000 —	DE CORP	1 NC	$16.3K	0.068%	US
MOZAYYX ACQUISITION CORP Mozayyx Acquisition Corp. UNITS CONSISTING ON…	—	000000000 KYG631131235	EC CORP	1,638 NS	$16.3K	0.068%	KY
SILICON VALLEY ACQUISITION CORP Silicon Valley Acquisition Corp. UNIT EXP 120…	SVAQU	000000000 KYG813061051	EC CORP	1,466 NS	$14.7K	0.061%	KY
EMMIS ACQUISITION CORP Emmis Acquisition Corp. COM USD0.0001 CLASS A	EMIS	000000000 KYG3037D1051	EC CORP	1,461 NS	$14.7K	0.061%	KY
Galata Acquisition Corp II Galata Acquisition Corp II ORD SHS CL A	LATA	000000000 KYG3R25N1084	EC CORP	1,455 NS	$14.5K	0.061%	KY
HIGHVIEW MERGER CORP Highview Merger Corp. ORD SH CL A	HVMC	000000000 KYG4569C1015	EC CORP	1,419 NS	$14.3K	0.059%	KY
AMERICAN DRIVE ACQUISITION COMPANY American Drive Acquisition Co. UNIT EXP 120430	ADACU	000000000 KYG0R91M1210	EC CORP	1,319 NS	$13.2K	0.055%	KY
IRON HORSE ACQUISITIONS CORP II Iron Horse Acquisitions II Corp. UNIT EXP 071…	IRHOU	46283H202 US46283H2022	EC CORP	1,319 NS	$13.1K	0.055%	US
PERIMETER ACQUISITION CORP I Perimeter Acquisition Corp. I COM CL A	PMTR	000000000 KYG7010A1296	EC CORP	1,272 NS	$13.0K	0.054%	KY
APEX TREASURY CORP Apex Treasury Corp. UNITS 1 CLASS A & 1/2 WT	APXTU	000000000 KYG041041164	EC CORP	1,258 NS	$12.7K	0.053%	KY
Legato Merger Corp IV Legato Merger Corp IV UNITS 1 ORD & 1/3 WT	—	000000000 KYG7318R1213	EC CORP	1,244 NS	$12.4K	0.052%	KY
HARVARD AVE ACQUISITION CORP Harvard Ave Acquisition Corp. USD CL A ORD SHS	HAVA	000000000 KYG4330A1031	EC CORP	1,240 NS	$12.4K	0.052%	KY
PRAETORIAN ACQUISITION CORP Praetorian Acquisition Corp. UNITS 1 ORD A & …	PTORU	000000000 KYG7S17G1112	EC CORP	1,244 NS	$12.3K	0.051%	KY
Columbus Circle Capital Corp II Columbus Circle Capital Corp II UNIT EXP 0211…	CMIIU	000000000 KYG2296M1116	EC CORP	1,229 NS	$12.2K	0.051%	KY
ILLUMINATION ACQUISITION CORP I Illumination Acquisition Corp. I UNIT 1 CL A …	ILLUU	000000000 KYG470AU1269	EC CORP	1,228 NS	$12.2K	0.051%	KY
IDEA ACQUISITION CORP Idea Acquisition Corp. UNIT CONST CL A ORD & …	IACOU	000000000 KYG4727U1269	EC CORP	1,229 NS	$12.2K	0.051%	KY
GOLDMAN SACHS & CO. LLC TRS CHARTER COMMUNICATIONS INC	—	000000000 —	DE CORP	1 NC	$11.9K	0.050%	US
DAEDALUS SPECIAL ACQUISITION CORP Daedalus Special Acquisition Corp. UNIT EXP 1…	DSACU	000000000 KYG2616C1244	EC CORP	1,173 NS	$11.8K	0.049%	KY
DT CLOUD STAR ACQUISITION CORP DT Cloud Star Acquisition Corporation SHS	DTSQ	000000000 KYG2853N1060	EC CORP	1,025 NS	$11.3K	0.047%	KY
TREEHOUSE FOODS INC	—	000000000 —	EC CORP	4,702 NS	$11.2K	0.047%	US
Cantor Equity Partners I Inc Cantor Equity Partners I Inc SHS CL A	CEPO	000000000 KYG1827K1076	EC CORP	1,059 NS	$11.1K	0.046%	KY
THE OPTIONS CLEARING CORPORATION SPY A 2026-05-15 PUT 615	—	000000000 —	DE CORP	13 NC	$11.0K	0.046%	US
SILVER PEGASUS ACQUISITION CORP Silver Pegasus Acquisition Corp. UNIT EXP 062…	SPEGU	000000000 KYG8192J1287	EC CORP	1,048 NS	$10.9K	0.045%	KY
BLUE ACQUISITION CORP Blue Acquisition Corp. UNIT EXP 060230	BACCU	000000000 KYG1331A1242	EC CORP	1,033 NS	$10.7K	0.044%	KY
OTG ACQUISITION CORP I Otg Acquisition Corp. I UNIT EXP 090530	OTGAU	000000000 KYG6791A1269	EC CORP	1,039 NS	$10.6K	0.044%	KY
FIGX CAPITAL ACQUISITION CORP FIGX Capital Acquisition Corp. USD CL A ORD S…	FIGX	000000000 KYG3473K1004	EC CORP	1,043 NS	$10.6K	0.044%	KY
SOCIAL COMMERCE PARTNERS CORP Social Commerce Partners Corp. UNIT EXP 112430	SCPQU	000000000 KYG8254P1292	EC CORP	1,047 NS	$10.5K	0.044%	KY
ABONY ACQUISITION CORP I Abony Acquisition Corp. I UNIT 1 CL A ORD & 1…	AACOU	000000000 KYG005821254	EC CORP	1,027 NS	$10.2K	0.043%	KY
PROEM ACQUISITION CORP I Proem Acquisition Corp. I UNIT 1 COM & 1/2 WT	PAACU	000000000 KYG7341A1296	EC CORP	1,002 NS	$10.0K	0.042%	KY
Quartzsea Acquisition Corp Quartzsea Acquisition Corp ORD SHS	QSEA	000000000 KYG7314B1041	EC CORP	963 NS	$10.0K	0.042%	KY
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION TRS UNION PACIFIC CORP	—	000000000 —	DE CORP	1 NC	$10.0K	0.042%	US
LEAPFROG ACQUISITION CORP Leapfrog Acquisition Corp. UNIT EXP 111030	LFACU	000000000 KYG5414D1299	EC CORP	959 NS	$9.6K	0.040%	KY
GOLDMAN SACHS & CO. LLC TRS BANCO SANTANDER SA	—	000000000 —	DE CORP	1 NC	$9.6K	0.040%	US
BRISTOL-MYERS SQUIBB CO	—	110122157 US1101221570	EC CORP	6,945 NS	$9.5K	0.040%	US
MoneyGram International Inc. MGI 9 06/01/30 144A	—	606950AA1 US606950AA10	DBT CORP	13,000 PA	$9.2K	0.038%	US
A PARADISE ACQUISITION CORP A Paradise Acquisition Corp. UNIT EXP 072930	—	000000000 VGG048191271	EC CORP	838 NS	$8.8K	0.037%	VG
GOLDMAN SACHS & CO. LLC USD/GBP FORWARD	—	000000000 —	DFE CORP	1 NC	$8.6K	0.036%	US
MCKINLEY ACQUISITION CORP Mckinley Acquisition Corp. UNIT EXP 072530	MKLYU	000000000 KYG6005T1278	EC CORP	832 NS	$8.4K	0.035%	KY
QUANTUMSPHERE ACQUISITION CORP Quantumsphere Acquisition Corp. UNIT EXP 0730…	QUMSU	000000000 KYG7387B1225	EC CORP	831 NS	$8.4K	0.035%	KY
BLUEPORT ACQUISITION LTD Blueport Acquisition Ltd. USD CL A ORD SHS	BPAC	000000000 KYG1196A1022	EC CORP	835 NS	$8.4K	0.035%	KY
SILVERBOX CORP V Silverbox Corp. V UNITS EACH CONSISTING OF ON…	—	000000000 KYG8148S1232	EC CORP	828 NS	$8.3K	0.035%	KY
ARCHIMEDES TECH SPAC PARTNERS III CO Archimedes Tech SPAC Partners III Co. UNIT EX…	ARCIU	000000000 KYG0453R1213	EC CORP	830 NS	$8.3K	0.035%	KY