Gramercy Funds Management

Gramercy Funds Management as of Sept. 30, 2012

Portfolio Holdings for Gramercy Funds Management

Gramercy Funds Management holds 59 positions in its portfolio as reported in the September 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Adams Express Company (ADX) 10.4 $28M 2.5M 11.34
Tri-Continental Corporation (TY) 8.0 $21M 1.3M 16.22
Petroleum & Resources Corporation 6.6 $18M 667k 26.24
Spdr S&p 500 Etf (SPY) 6.0 $16M 110k 143.97
General American Investors (GAM) 5.8 $15M 531k 29.06
Royce Value Trust (RVT) 5.4 $14M 1.1M 13.07
Central Securities (CET) 5.2 $14M 683k 20.17
Gabelli Dividend & Income Trust (GDV) 4.1 $11M 641k 16.95
Liberty All-Star Equity Fund (USA) 3.3 $8.7M 1.8M 4.83
Thai Fund 3.1 $8.4M 477k 17.57
Morgan Stanley Asia Pacific Fund 2.8 $7.3M 523k 13.97
Boulder Total Return Fund 2.6 $6.8M 378k 18.00
Clough Gbl Opps Fund Sh Ben Int closed-end fund (GLO) 2.4 $6.5M 553k 11.70
Eaton Vance Enhanced Equity Income Fund (EOI) 2.2 $5.8M 525k 11.08
Zweig Total Return 2.1 $5.6M 439k 12.66
New Germany Fund (GF) 2.0 $5.3M 366k 14.55
Eaton Vance Enhanced Equity Incm. Fd. II (EOS) 1.9 $4.9M 446k 11.08
Boulder Growth & Income Fund (STEW) 1.8 $4.9M 746k 6.55
Templeton Dragon Fund (TDF) 1.8 $4.7M 184k 25.63
Japan Smaller Capitalizaion Fund (JOF) 1.7 $4.6M 642k 7.21
Clough Global Equity Fund closed-end fund (GLQ) 1.6 $4.2M 327k 12.90
RMR Asia Pacific Real Estate Fund 1.3 $3.6M 201k 17.73
Macquarie Global Infr Total Rtrn Fnd 1.3 $3.5M 181k 19.15
Clough Global Allocation Fun (GLV) 1.3 $3.4M 253k 13.54
Aberdn Emring Mkts Telecomtions 1.1 $2.8M 136k 20.68
Korea Equity Fund 1.0 $2.6M 267k 9.92
Ellsworth Fund (ECF) 0.9 $2.5M 343k 7.35
Madison Strategic Sector Premium Fund 0.9 $2.3M 191k 11.97
MUTUAL FUND Gabelli Healthcare & Wellnessr*x (GRX) 0.8 $2.2M 244k 9.10
JF China Region Fund 0.8 $2.2M 173k 12.60
Bancroft Fund (BCV) 0.8 $2.2M 129k 16.79
Taiwan Fund (TWN) 0.8 $2.1M 126k 16.50
Eaton Vance Tax Managed Buy Write Opport (ETV) 0.7 $2.0M 152k 13.01
Madison/Claymore Cov. Call & Eq. Strat. 0.7 $1.8M 231k 7.92
Singapore Fund (SGF) 0.7 $1.8M 134k 13.82
European Equity Fund (EEA) 0.7 $1.8M 261k 6.70
India Fund (IFN) 0.7 $1.7M 74k 23.23
Aberdeen Israel Fund 0.6 $1.5M 118k 12.89
Mexico Equity and Income Fund (MXE) 0.6 $1.5M 114k 12.84
First Trust Enhanced Equity Income Fund (FFA) 0.5 $1.4M 111k 12.21
Source Capital (SOR) 0.5 $1.2M 24k 52.07
Denali Fund 0.4 $1.1M 67k 16.34
Eaton Vance Tax Managed Diversified Eq. (ETY) 0.4 $1.0M 109k 9.51
Zweig Fund 0.3 $930k 74k 12.65
Asia Pacific Fund 0.3 $867k 84k 10.28
Royce Micro Capital Trust (RMT) 0.3 $690k 73k 9.45
Guggenheim Enhanced Equity Strategy 0.2 $632k 36k 17.47
Korea (KF) 0.1 $377k 9.5k 39.53
Aberdeen Indonesia Fund 0.1 $336k 25k 13.44
Neuberger Berman Real Estate Sec (NRO) 0.1 $322k 68k 4.71
Aberdeen Latin Amer Eqty 0.1 $245k 7.1k 34.46
Liberty All-Star Growth Fund (ASG) 0.1 $224k 53k 4.24
Latin American Discovery Fund 0.1 $163k 11k 14.67
Central Europe and Russia Fund (CEE) 0.1 $134k 4.0k 33.49
Asa (ASA) 0.0 $111k 4.4k 25.23
iShares MSCI South Africa Index (EZA) 0.0 $113k 1.7k 66.47
Morgan Stanley India Investment Fund (IIF) 0.0 $21k 1.2k 17.72
RENN Global Entrepreneurs Fund (RCG) 0.0 $35k 22k 1.58
Lazard World Dividend & Income Fund 0.0 $21k 1.8k 12.00