Gramercy Funds Management

Gramercy Funds Management as of March 31, 2014

Portfolio Holdings for Gramercy Funds Management

Gramercy Funds Management holds 67 positions in its portfolio as reported in the March 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Adams Express Company (ADX) 10.4 $29M 2.3M 12.98
General American Investors (GAM) 10.0 $28M 806k 35.23
Tri-Continental Corporation (TY) 9.6 $27M 1.3M 20.08
Royce Value Trust (RVT) 9.5 $27M 1.7M 15.73
Petroleum & Resources Corporation 5.9 $17M 595k 27.92
Central Securities (CET) 4.4 $13M 559k 22.37
Liberty All-Star Equity Fund (USA) 4.3 $12M 2.1M 5.88
Direxion Shs Etf Tr china bull 3x 3.3 $9.2M 398k 23.22
iShares FTSE/Xinhua China 25 Index (FXI) 2.9 $8.3M 233k 35.78
Morgan Stanley Asia Pacific Fund 2.9 $8.3M 491k 16.88
Royce Micro Capital Trust (RMT) 2.9 $8.1M 666k 12.24
Thai Fund 2.9 $8.1M 748k 10.83
Morgan Stanley India Investment Fund (IIF) 2.3 $6.6M 339k 19.52
Boulder Total Return Fund 2.1 $6.0M 246k 24.33
iShares MSCI Emerging Markets Indx (EEM) 2.0 $5.8M 141k 41.01
Banro Corp 1.9 $5.5M 12M 0.48
WisdomTree India Earnings Fund (EPI) 1.9 $5.4M 287k 18.96
Boulder Growth & Income Fund (STEW) 1.9 $5.4M 669k 8.13
Aberdeen Latin Amer Eqty 1.1 $3.1M 113k 27.78
Central Europe and Russia Fund (CEE) 1.0 $2.8M 106k 26.27
Mexico Equity and Income Fund (MXE) 1.0 $2.8M 191k 14.51
Clough Global Allocation Fun (GLV) 0.9 $2.4M 160k 15.18
Duff & Phelps Global (DPG) 0.8 $2.3M 117k 19.79
Aberdeen Israel Fund 0.8 $2.3M 126k 18.23
New Germany Fund (GF) 0.8 $2.1M 110k 19.46
Korea (KF) 0.8 $2.1M 53k 40.12
Zweig Fund 0.7 $2.0M 132k 15.19
iShares MSCI Japan Index 0.7 $1.9M 169k 11.33
European Equity Fund (EEA) 0.7 $1.9M 207k 9.06
Market Vectors Gold Miners ETF 0.6 $1.8M 75k 23.60
China Fund (CHN) 0.5 $1.5M 75k 19.91
Macquarie Global Infr Total Rtrn Fnd 0.5 $1.5M 64k 23.50
Korea Equity Fund 0.5 $1.5M 180k 8.23
Cohen & Steers Quality Income Realty (RQI) 0.5 $1.4M 137k 10.53
Jpmorgan China Region 0.5 $1.4M 102k 14.24
Japan Equity Fund 0.5 $1.4M 218k 6.53
Denali Fund 0.5 $1.4M 67k 20.46
India Fund (IFN) 0.4 $1.1M 48k 23.04
Japan Smaller Capitalizaion Fund (JOF) 0.3 $1.0M 115k 8.76
Ellsworth Fund (ECF) 0.3 $985k 115k 8.60
Taiwan Fund (TWN) 0.3 $990k 52k 18.89
Clough Global Equity Fund closed-end fund (GLQ) 0.3 $928k 60k 15.42
Bancroft Fund (BCV) 0.3 $947k 48k 19.55
Aberdn Emring Mkts Telecomtions 0.3 $910k 68k 13.30
New Ireland Fund 0.3 $832k 58k 14.37
Aberdeen Indonesia Fund 0.3 $781k 83k 9.44
iShares MSCI EMU Index (EZU) 0.3 $778k 18k 42.28
iShares S&P Europe 350 Index (IEV) 0.3 $763k 16k 48.29
Spdr Euro Stoxx 50 Etf (FEZ) 0.3 $772k 18k 42.65
iShares MSCI United Kingdom Index 0.3 $737k 36k 20.59
Morgan Stanley East. Euro 0.2 $646k 36k 18.00
WisdomTree Japan Total Dividend (DXJ) 0.2 $559k 12k 47.37
Latin American Discovery Fund 0.2 $535k 42k 12.90
Asia Pacific Fund 0.1 $392k 38k 10.34
Dividend & Income Fund (BXSY) 0.1 $322k 21k 15.28
First Tr/aberdeen Emerg Opt 0.1 $296k 16k 18.01
Clough Gbl Opps Fund Sh Ben Int closed-end fund (GLO) 0.1 $198k 16k 12.77
Virtus Total Return Fund Cef 0.1 $198k 45k 4.43
iShares MSCI Sweden Index (EWD) 0.1 $161k 4.4k 36.59
Neuberger Berman Real Estate Sec (NRO) 0.1 $184k 39k 4.72
RMR Asia Pacific Real Estate Fund 0.0 $112k 6.0k 18.61
GABELLI GLOBL UTIL & INCOME COM Sh Ben Int (GLU) 0.0 $111k 5.6k 19.81
Turkish Investment Fund 0.0 $126k 12k 10.76
Swiss Helvetia Fund (SWZ) 0.0 $77k 5.3k 14.43
BlackRock EcoSolutions Investment Trust 0.0 $49k 6.1k 8.03
Direxion Daily Russia Bull 3x mutual fund 0.0 $44k 2.7k 16.30
Cohen & Steers infrastucture Fund (UTF) 0.0 $4.0k 200.00 20.00