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%

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%

BMBM$45.8K0.2%

CACA$0.890.0%

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
GOLDMAN SACHS & CO. LLC TRS BANCO SANTANDER SA	—	000000000 —	DE CORP	1 NC	$116.28	0.000%	US
GOLDMAN SACHS & CO. LLC TRS JUST GROUP PLC	—	000000000 —	DE CORP	1 NC	$113.58	0.000%	US
GOLDMAN SACHS & CO. LLC TRS BANCO SANTANDER SA	—	000000000 —	DE CORP	1 NC	$113.56	0.000%	US
GOLDMAN SACHS & CO. LLC TRS BANCO SANTANDER SA	—	000000000 —	DE CORP	1 NC	$113.32	0.000%	US
GOLDMAN SACHS & CO. LLC TRS SCHRODERS PLC	—	000000000 —	DE CORP	1 NC	$106.33	0.000%	US
GOLDMAN SACHS & CO. LLC TRS JUST GROUP PLC	—	000000000 —	DE CORP	1 NC	$89.70	0.000%	US
BERTO ACQUISITION CORP Berto Acquisition Corp. WT EXP 050130	TACOW	000000000 KYG1051H1193	DE CORP	321 NC	$80.25	0.000%	KY
GOLDMAN SACHS & CO. LLC TRS JUST GROUP PLC	—	000000000 —	DE CORP	1 NC	$79.63	0.000%	US
CENTURION ACQUISITION CORP Centurion Acquisition Corp C/WTS EXP 31/05/20…	ALFUW	000000000 KYG203151181	DE CORP	626 NC	$77.31	0.000%	KY
GOLDMAN SACHS & CO. LLC TRS BEAZLEY PLC	—	000000000 —	DE CORP	1 NC	$77.27	0.000%	US
GOLDMAN SACHS & CO. LLC TRS JUST GROUP PLC	—	000000000 —	DE CORP	1 NC	$75.48	0.000%	US
CARTESIAN GROWTH CORP II Cartesian Growth Corp II C/WTS 12/07/2028 (TO…	—	000000000 KYG193051201	DE CORP	873 NC	$69.84	0.000%	KY
GOLDMAN SACHS & CO. LLC TRS JUST GROUP PLC	—	000000000 —	DE CORP	1 NC	$67.63	0.000%	US
GOLDMAN SACHS & CO. LLC TRS JUST GROUP PLC	—	000000000 —	DE CORP	1 NC	$60.07	0.000%	US
GOLDMAN SACHS & CO. LLC TRS CINTAS CORP	—	000000000 —	DE CORP	1 NC	$54.36	0.000%	US
Altenergy Acquisition Corporation Altenergy Acquisition Corporation WT EXP	—	02157M116 US02157M1163	DE CORP	800 NC	$51.20	0.000%	US
GOLDMAN SACHS & CO. LLC TRS BANCO SANTANDER SA	—	000000000 —	DE CORP	1 NC	$50.75	0.000%	US
GOLDMAN SACHS & CO. LLC TRS JUST GROUP PLC	—	000000000 —	DE CORP	1 NC	$42.08	0.000%	US
GOLDMAN SACHS & CO. LLC TRS SKYWORKS SOLUTIONS INC	—	000000000 —	DE CORP	1 NC	$41.43	0.000%	US
GOLDMAN SACHS & CO. LLC TRS JUST GROUP PLC	—	000000000 —	DE CORP	1 NC	$41.02	0.000%	US
BEST SPAC I ACQUISITION CORP BEST SPAC I Acquisition Corp. RT EXP 052730	BSAAR	000000000 VGG1069P1291	EC CORP	418 NS	$37.91	0.000%	VG
TEVOGEN BIO HOLDINGS INC Tevogen Bio Holdings Inc. WT EXP 021429	TVGNW	88165K119 US88165K1198	DE CORP	1,068 NC	$36.21	0.000%	US
GOLDMAN SACHS & CO. LLC TRS JUST GROUP PLC	—	000000000 —	DE CORP	1 NC	$33.81	0.000%	US
GOLDMAN SACHS & CO. LLC TRS BANCO SANTANDER SA	—	000000000 —	DE CORP	1 NC	$30.57	0.000%	US
GOLDMAN SACHS & CO. LLC TRS SCHRODERS PLC	—	000000000 —	DE CORP	1 NC	$17.14	0.000%	US
TARGET GLOBAL ACQUISITION I CORP Target Global Acquisition I Corp C/WTS (TO PU…	—	000000000 KYG8675N1253	DE CORP	1,600 NC	$16.96	0.000%	KY
GOLDMAN SACHS & CO. LLC TRS JUST GROUP PLC	—	000000000 —	DE CORP	1 NC	$16.46	0.000%	US
GOLDMAN SACHS & CO. LLC TRS BANCO SANTANDER SA	—	000000000 —	DE CORP	1 NC	$4.85	0.000%	US
WINTERGREEN ACQUISITION CORP Wintergreen Acquisition Corp. RT	WTGUR	000000000 KYG9717M1179	EC CORP	38 NS	$4.56	0.000%	KY
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION TRS BANCO SANTANDER SA	—	000000000 —	DE CORP	1 NC	$3.36	0.000%	US
GOLDMAN SACHS & CO. LLC TRS JUST GROUP PLC	—	000000000 —	DE CORP	1 NC	$2.65	0.000%	US
GOLDMAN SACHS & CO. LLC TRS BANCO SANTANDER SA	—	000000000 —	DE CORP	1 NC	$2.21	0.000%	US
LeddarTech Holdings Inc. LeddarTech Holdings Inc. WT EXP 122128	—	52328E113 CA52328E1135	DE CORP	2,213 NC	$0.89	0.000%	CA
Goal Acquisitions Corp Goal Acquisitions Corp WT EXP	—	38021H115 US38021H1150	DE CORP	8,032 NC	$0.80	0.000%	US
iLearningEngines Inc iLearningEngines Inc WT EXP 041629	—	45175Q114 US45175Q1141	DE CORP	5,381 NC	$0.01	0.000%	US
ACROPOLIS INFRASTRUCTURE CVR	—	000000000 —	EC CORP	3,967 NS	$0.00	0.000%	US
26 Capital Acquisition Corp 26 Capital Acquisition Corp WT EXP 123127	—	90138P118 US90138P1185	DE CORP	900 NC	$0.00	0.000%	US
Pershing Square Tontine Holdings Ltd Pershing Square Tontine Holdings Ltd SHS	—	715ESC018 US715ESC0184	EC CORP	7,392 NS	$0.00	0.000%	US
ZALATORIS ACQUISITION CORP	—	000000000 —	EC CORP	3,001 NS	$0.00	0.000%	US
CORNER GROWTH ACQUISITION CORP Corner Growth Acquisition Corp WT EX	—	000000000 KYG2425N1135	DE CORP	895 NC	$0.00	0.000%	KY
THE OPTIONS CLEARING CORPORATION EA A 2026-06-18 CALL 210	—	000000000 —	DE CORP	-1 NC	-$5.00	-0.000%	US
THE OPTIONS CLEARING CORPORATION DBRG A 2026-04-17 CALL 16	—	000000000 —	DE CORP	-1 NC	-$5.00	-0.000%	US
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION TRS DEVON ENERGY CORP	—	000000000 —	DE CORP	1 NC	-$12.11	-0.000%	US
GOLDMAN SACHS & CO. LLC TRS BANCO SANTANDER SA	—	000000000 —	DE CORP	1 NC	-$13.61	-0.000%	US
THE OPTIONS CLEARING CORPORATION WBD A 2026-04-17 CALL 29	—	000000000 —	DE CORP	-20 NC	-$20.00	-0.000%	US
THE OPTIONS CLEARING CORPORATION DBRG A 2026-06-18 CALL 16	—	000000000 —	DE CORP	-4 NC	-$20.00	-0.000%	US
THE OPTIONS CLEARING CORPORATION WBD A 2026-04-17 CALL 29	—	000000000 —	DE CORP	-20 NC	-$20.00	-0.000%	US
THE OPTIONS CLEARING CORPORATION WBD A 2026-04-17 CALL 30	—	000000000 —	DE CORP	-24 NC	-$24.00	-0.000%	US
GOLDMAN SACHS & CO. LLC TRS BANCO SANTANDER SA	—	000000000 —	DE CORP	1 NC	-$29.30	-0.000%	US
THE OPTIONS CLEARING CORPORATION WBD A 2026-04-17 CALL 28	—	000000000 —	DE CORP	-4 NC	-$44.00	-0.000%	US