Gramercy Funds Management

Gramercy Funds Management as of Dec. 31, 2015

Portfolio Holdings for Gramercy Funds Management

Gramercy Funds Management holds 75 positions in its portfolio as reported in the December 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Ypf Sa (YPF) 26.8 $86M 5.5M 15.72
General American Investors (GAM) 7.2 $23M 724k 31.94
Tri-Continental Corporation (TY) 6.9 $22M 1.1M 20.02
Adams Express Company (ADX) 6.8 $22M 1.7M 12.83
Royce Value Trust (RVT) 6.5 $21M 1.8M 11.77
Liberty All-Star Equity Fund (USA) 5.7 $19M 3.5M 5.35
Central Securities (CET) 4.3 $14M 723k 19.02
Boulder Growth & Income Fund (STEW) 3.5 $11M 1.5M 7.74
Morgan Stanley China A Share Fund (CAF) 3.1 $9.9M 497k 19.91
Direxion Shs Exch Trd 2.5 $8.1M 703k 11.51
iShares Russell 2000 Growth Index (IWO) 2.1 $6.8M 49k 139.28
Swiss Helvetia Fund (SWZ) 1.4 $4.4M 418k 10.56
Korea (KF) 1.4 $4.4M 137k 31.85
Thai Fund 1.4 $4.4M 637k 6.86
Morgan Stanley India Investment Fund (IIF) 1.2 $3.7M 147k 25.47
Royce Micro Capital Trust (RMT) 1.1 $3.7M 506k 7.26
Jpmorgan China Region 1.1 $3.4M 222k 15.32
Japan Equity Fund ietf (JEQ) 1.1 $3.4M 442k 7.70
Alpine Total Dyn Fd New cefs 1.0 $3.3M 428k 7.68
Japan Smaller Capitalizaion Fund (JOF) 1.0 $3.1M 305k 10.23
Morgan Stanley Asia Pacific Fund 1.0 $3.1M 224k 13.83
Calamos Strategic Total Return Fund (CSQ) 0.8 $2.7M 276k 9.90
Aberdeen Latin Amer Eqty 0.8 $2.7M 178k 15.25
Mexico Equity and Income Fund (MXE) 0.8 $2.5M 236k 10.76
Clough Gbl Opps Fund Sh Ben Int closed-end fund (GLO) 0.7 $2.4M 229k 10.44
Central Europe and Russia Fund (CEE) 0.6 $1.9M 113k 16.63
Market Vector Russia ETF Trust 0.6 $1.8M 122k 14.65
Korea Equity Fund 0.5 $1.7M 240k 6.97
Banro Corp 0.5 $1.7M 8.3M 0.20
Clough Global Allocation Fun (GLV) 0.5 $1.7M 124k 13.47
Taiwan Fund (TWN) 0.5 $1.6M 109k 14.63
European Equity Fund (EEA) 0.5 $1.5M 184k 8.06
Aberdeen Israel Fund 0.5 $1.4M 84k 17.26
Macquarie Global Infr Total Rtrn Fnd 0.4 $1.4M 73k 19.05
Singapore Fund 0.4 $1.3M 149k 8.56
First Tr/aberdeen Emerg Opt 0.4 $1.2M 89k 13.06
Turkish Investment Fund 0.4 $1.2M 148k 7.78
New Ireland Fund 0.3 $1.1M 76k 13.93
Global X Fds ftse greec 0.3 $1.0M 130k 7.96
Ellsworth Fund (ECF) 0.3 $852k 110k 7.75
Aberdeen Indonesia Fund 0.2 $798k 145k 5.52
Stone Hbr Emerg Mkts Tl 0.2 $705k 62k 11.37
Templeton Dragon Fund (TDF) 0.2 $661k 37k 17.81
Aberdn Emring Mkts Telecomtions 0.2 $647k 60k 10.86
Asia Pacific Fund 0.2 $608k 60k 10.07
Aberdeen Chile Fund (AEF) 0.2 $605k 108k 5.58
Latin American Discovery Fund 0.2 $592k 80k 7.43
SPDR S&P Oil & Gas Explore & Prod. 0.2 $547k 18k 30.22
Aberdeen Australia Equity Fund (IAF) 0.2 $549k 101k 5.45
Aberdeen Gtr China 0.2 $502k 59k 8.56
Voya Asia Pacific High Div Equity Income Fund (IAE) 0.2 $509k 56k 9.03
Morgan Stanley Emerging Markets Domestic (EDD) 0.1 $490k 72k 6.81
Advent/Claymore Enhanced Growth & Income 0.1 $420k 51k 8.27
China Fund (CHN) 0.1 $402k 26k 15.52
Alpine Global Premier Properties Fund 0.1 $362k 63k 5.77
New Germany Fund (GF) 0.1 $283k 19k 14.69
Bancroft Fund (BCV) 0.1 $287k 16k 18.17
THE GDL FUND Closed-End fund (GDL) 0.1 $290k 29k 10.02
Petroleum & Res Corp Com cef (PEO) 0.1 $276k 16k 17.77
India Fund (IFN) 0.1 $236k 10k 22.69
Lazard Global Total Return & Income Fund (LGI) 0.1 $171k 13k 13.05
Cohen & Steers infrastucture Fund (UTF) 0.0 $117k 6.1k 19.06
MUTUAL FUND Gabelli Healthcare & Wellnessr*x (GRX) 0.0 $120k 12k 10.22
Sprott Focus Tr (FUND) 0.0 $130k 22k 5.80
iShares MSCI EAFE Index Fund (EFA) 0.0 $100k 1.7k 58.82
iShares MSCI South Africa Index (EZA) 0.0 $95k 2.0k 46.57
Clough Global Equity Fund closed-end fund (GLQ) 0.0 $83k 6.6k 12.58
Royce Global Value Tr (RGT) 0.0 $92k 12k 7.42
Alpine Global Dynamic 0.0 $99k 11k 8.84
RMR Asia Pacific Real Estate Fund 0.0 $29k 1.5k 19.35
GABELLI GLOBL UTIL & INCOME COM Sh Ben Int (GLU) 0.0 $24k 1.5k 16.34
Calamos Global Total Return Fund (CGO) 0.0 $44k 3.8k 11.49
Asia Tigers Fund 0.0 $22k 2.4k 9.21
Direxion Shs Etf Tr china bull 3x 0.0 $4.0k 200.00 20.00
Allianzgi Nfj Divid Int Prem S cefs 0.0 $10k 800.00 12.50