Weiss Asset Management LP[1

Weiss Asset Management as of Dec. 31, 2013

Portfolio Holdings for Weiss Asset Management

Weiss Asset Management holds 116 positions in its portfolio as reported in the December 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Sprott Physical Gold Trust (PHYS) 23.1 $63M 6.4M 9.96
Omnicare Cap Tr Ii pfd b tr 4.00% 10.9 $30M 402k 74.22
L-3 Communications Corp debt 3.000% 8/0 6.9 $19M 16M 1.19
Alliant Techsystems Inc note 3.000% 8/1 6.7 $18M 12M 1.60
iShares MSCI South Korea Index Fund (EWY) 6.5 $18M 275k 64.67
Hf2 Financial Management 4.5 $12M 1.2M 10.18
Seabridge Gold (SA) 3.2 $8.7M 1.2M 7.23
Thai Fund 2.4 $6.7M 369k 18.15
Pretium Res Inc Com Isin# Ca74 1.9 $5.1M 990k 5.16
Quartet Merger Corp unit 99/99/9999t 1.8 $5.0M 500k 10.01
Sprott Phys Platinum & Palladi (SPPP) 1.8 $4.8M 553k 8.68
China Fund (CHN) 1.7 $4.8M 229k 20.81
Eastman Kodak (KODK) 1.7 $4.6M 133k 34.71
Doubleline Income Solutions (DSL) 1.6 $4.4M 208k 21.09
Aberdn Emring Mkts Telecomtions 1.2 $3.3M 240k 13.79
Delta Air Lines (DAL) 1.1 $3.0M 108k 27.47
iShares Dow Jones Transport. Avg. (IYT) 1.0 $2.7M 21k 131.92
BLACKROCK MUN TARGET TERM TR SHARES Of Ben (BTT) 1.0 $2.7M 158k 17.12
Mergeworthrx 1.0 $2.6M 325k 8.13
Infinity Cross Bo 0.9 $2.5M 320k 7.95
Gamco Global Gold Natural Reso (GGN) 0.7 $2.0M 225k 9.02
Notes Gencorp Inc. 4.0625% dbcv 0.7 $2.0M 1.0M 1.99
Turkish Investment Fund 0.7 $1.9M 133k 14.67
Velocity Shares Daily 2x Vix Short Term 0.7 $1.9M 260k 7.50
Nuveen CA Dividend Advantage Muni. Fund (NAC) 0.6 $1.8M 137k 12.85
Spdr S&p 500 Etf (SPY) 0.6 $1.6M 8.5k 184.71
Royce Value Trust (RVT) 0.6 $1.6M 98k 16.00
Clearbridge Amern Energ M 0.5 $1.5M 83k 17.84
Hldgs (UAL) 0.5 $1.3M 35k 37.83
Cohen & Steers Quality Income Realty (RQI) 0.5 $1.2M 132k 9.48
New Germany Fund (GF) 0.5 $1.2M 62k 19.93
Aberdeen Gtr China 0.4 $1.2M 119k 10.16
India Fund (IFN) 0.4 $1.2M 60k 20.00
Turquoise Hill Res Ltd right 01/07/2014 0.4 $1.2M 1.3M 0.94
North Amern Palladium 0.4 $990k 1.5M 0.66
Quinpario Acquisition 0.4 $994k 98k 10.10
Western Asset Emerging Mrkts Dbt Fnd (EMD) 0.3 $946k 55k 17.20
Korea Equity Fund 0.3 $885k 106k 8.32
Brookfield Mortg. Opportunity bond etf 0.3 $878k 53k 16.56
Nuveen Intermediate 0.3 $846k 74k 11.50
Center Coast Mlp And Infrastructure unit 0.3 $817k 45k 18.32
Eunits 2 Yr Us Eqty Mkt Ptnt unit 0.3 $789k 67k 11.71
Flaherty & Crumrine/Claymore Preferred S (FFC) 0.3 $705k 40k 17.49
Nuveen Muni Value Fund (NUV) 0.2 $684k 76k 9.04
Stone Hbr Emerg Mrkts (EDF) 0.2 $664k 36k 18.31
Kayne Anderson Energy Total Return Fund 0.2 $622k 23k 27.34
Wstrn Asst Emrgng Mrkts Incm Fnd 0.2 $612k 52k 11.84
Central Europe and Russia Fund (CEE) 0.2 $605k 20k 30.55
Southwest Airlines (LUV) 0.2 $567k 30k 18.84
Templeton Emerging Markets Income Fund (TEI) 0.2 $566k 42k 13.64
Ares Multi Strategy Cr Fd In 0.2 $542k 26k 21.17
Clough Global Equity Fund closed-end fund (GLQ) 0.2 $515k 33k 15.70
Liberty All-Star Growth Fund (ASG) 0.2 $482k 86k 5.62
Nuveen Fltng Rte Incm Opp 0.2 $500k 41k 12.18
Blackrock Muniyield Fund (MYD) 0.2 $498k 39k 12.81
John Hancock Preferred Income Fund III (HPS) 0.2 $463k 30k 15.60
Nuveen Municipal Advantage Fund 0.2 $458k 38k 12.15
Nuveen Div Adv Muni Fd 3 Ben Int (NZF) 0.2 $470k 38k 12.35
GAMCO Natural Resources, Gold & Income Trust (GNT) 0.2 $459k 46k 10.02
John Hancock Preferred Income Fund (HPI) 0.2 $437k 25k 17.83
Eunits 2 Yr U S Mkt Partn Tr unit 0.2 $444k 38k 11.67
Eaton Vance Senior Floating Rate Fund (EFR) 0.1 $399k 27k 15.04
Blackrock Muniyield Insured Fund (MYI) 0.1 $384k 30k 12.67
First Trust/Four Corners SFRI Fund II (FCT) 0.1 $385k 27k 14.48
Invesco Van Kampen Trust For Inv Grd Mun (VGM) 0.1 $392k 32k 12.18
BlackRock MuniVest Fund (MVF) 0.1 $380k 43k 8.92
BlackRock MuniHolding Insured Investm 0.1 $384k 31k 12.53
Nuveen California Select Qlty Mun Inc Fu 0.1 $385k 28k 13.76
Ing Emerging Mkts Hgh Div Eq 0.1 $387k 33k 11.76
John Hancock Pref. Income Fund II (HPF) 0.1 $361k 20k 17.91
Blackrock Muniassets Fund (MUA) 0.1 $350k 30k 11.56
BlackRock MuniYield New York Insured Fnd (MYN) 0.1 $355k 29k 12.07
Blackrock California Mun. Income Trust (BFZ) 0.1 $366k 27k 13.67
Guggenheim Bld Amr Bds Mng D (GBAB) 0.1 $364k 18k 19.79
Invesco Quality Municipal Inc Trust (IQI) 0.1 $337k 30k 11.12
Putnam Municipal Opportunities Trust (PMO) 0.1 $333k 31k 10.74
Nuveen Enhanced Mun Value 0.1 $335k 26k 12.94
Nuveen Select Quality Municipal Fund 0.1 $332k 27k 12.41
Exd - Eaton Vance Tax-advant 0.1 $336k 24k 14.22
Nuveen Dividend Advantage Municipal Fd 2 0.1 $308k 24k 12.67
Invesco Insured Municipal Income Trust (IIM) 0.1 $295k 22k 13.50
First Trust Energy Income & Gr (FEN) 0.1 $305k 9.5k 32.27
American Strategic Income Portfolio 0.1 $283k 32k 8.98
Nuveen Insured Tax-Free Adv Munici (NEA) 0.1 $268k 22k 12.06
Nuveen Ins Ca Tx Fr Adv Mun (NKX) 0.1 $279k 23k 12.18
DWS Multi Market Income Trust (KMM) 0.1 $237k 25k 9.39
BlackRock Municipal Income Trust II (BLE) 0.1 $260k 20k 13.22
Nuveen Real Estate Income Fund (JRS) 0.1 $245k 26k 9.50
BlackRock Insured Municipal Income Trust (BYM) 0.1 $253k 20k 12.67
Nuveen Va Premium Income Municipal Fund (NPV) 0.1 $247k 21k 11.80
Thl Cr Sr Ln 0.1 $236k 13k 18.37
Blackstone Gso Flting Rte Fu (BSL) 0.1 $208k 11k 18.89
Nuveen Premium Income Muni Fund 2 0.1 $232k 19k 12.52
BlackRock MuniYield California Fund 0.1 $221k 16k 13.81
BlackRock MuniHoldings New Jersey Ins Fn (MUJ) 0.1 $211k 16k 13.10
JetBlue Airways Corporation (JBLU) 0.1 $197k 23k 8.53
BlackRock MuniYield New Jersey Fund 0.1 $182k 13k 13.69
BlackRock MuniHoldings New York Insured (MHN) 0.1 $193k 15k 12.50
BlackRock MuniYield Michigan Insured Fnd (MIY) 0.1 $187k 15k 12.48
Asia Tigers Fund 0.1 $194k 17k 11.20
Infinity Cross Bo 0.1 $192k 320k 0.60
Eaton Vance Municipal Income Trust (EVN) 0.1 $159k 15k 10.51
Nuveen Insured Quality Muncipal Fund 0.1 $159k 13k 12.06
Mexico Equity and Income Fund (MXE) 0.1 $172k 12k 14.92
Nuveen North Carol Premium Incom Mun 0.1 $172k 14k 11.96
Pimco Municipal Income Fund II (PML) 0.1 $136k 13k 10.62
Blackrock MuniHoldings CA Insrd Fnd (MUC) 0.1 $146k 11k 13.22
Cornerstone Strategic Value 0.1 $131k 20k 6.58
American Strategic Income Portf. Inc II 0.0 $107k 14k 7.71
Dreyfus Strategic Municipal Bond Fund 0.0 $106k 14k 7.42
Aberdeen Global Income Fund (FCO) 0.0 $112k 11k 10.37
Dreyfus Strategic Muni. 0.0 $121k 16k 7.61
Aberdeen Indonesia Fund 0.0 $115k 14k 8.27
American Strategic Income Portfolio III 0.0 $88k 14k 6.53
Credit Suisse AM Inc Fund (CIK) 0.0 $71k 20k 3.56
Quinpario Acquisition Corp *w exp 09/27/201 0.0 $35k 98k 0.36