Karpus Investment Management

Karpus Management as of March 31, 2016

Portfolio Holdings for Karpus Management

Karpus Management holds 189 positions in its portfolio as reported in the March 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
AllianceBernstein Income Fund 7.0 $154M 20M 7.85
Vanguard S&p 500 Etf idx (VOO) 5.9 $131M 693k 188.56
BlackRock Income Trust 3.3 $73M 11M 6.63
Vanguard European ETF (VGK) 2.5 $56M 1.2M 48.52
Vanguard Small-Cap ETF (VB) 2.4 $52M 464k 111.49
General American Investors (GAM) 2.1 $47M 1.5M 31.23
Gabelli Equity Trust (GAB) 2.1 $46M 8.5M 5.43
Adams Express Company (ADX) 2.0 $45M 3.5M 12.65
Zweig Fund 1.9 $41M 3.2M 12.88
Liberty All-Star Equity Fund (USA) 1.9 $41M 8.2M 4.97
Tri-Continental Corporation (TY) 1.8 $40M 2.0M 19.96
Nuveen Div Adv Muni Fd 3 Ben Int (NZF) 1.8 $39M 2.6M 14.97
Zweig Total Return 1.7 $37M 3.1M 11.99
BlackRock Credit All Inc Trust IV (BTZ) 1.6 $36M 2.8M 12.52
Nuveen Barclays Shrt Term Muni bdfund (SHM) 1.6 $35M 710k 48.82
BlackRock Enhanced Dividend Achievers Tr (BDJ) 1.6 $35M 4.6M 7.54
MFS Intermediate Income Trust (MIN) 1.6 $34M 7.4M 4.61
First Trust/Aberdeen Global Opportunity 1.4 $31M 2.8M 10.96
Eaton Vance Municipal Bond Fund (EIM) 1.4 $31M 2.3M 13.30
BlackRock Core Bond Trust (BHK) 1.4 $31M 2.3M 13.39
Morgan Stanley income sec 1.3 $29M 1.6M 17.51
Gabelli Dividend & Income Trust (GDV) 1.3 $28M 1.5M 18.48
Vanguard Pacific ETF (VPL) 1.2 $26M 465k 55.27
Invesco Quality Municipal Inc Trust (IQI) 1.2 $25M 1.9M 13.23
Nuveen Int Dur Qual Mun Trm 1.1 $25M 1.8M 13.53
Allianzgi Equity & Conv In 1.1 $25M 1.4M 18.19
Boulder Growth & Income Fund (STEW) 1.1 $25M 3.1M 7.85
Invesco Van Kampen Bond Fund (VBF) 1.1 $24M 1.3M 18.45
Duff & Phelps Utility & Corp Bond Trust 1.1 $24M 2.5M 9.62
MFS Investment Grade Municipal Trust (CXH) 1.1 $24M 2.3M 10.17
Nuveen Select Quality Municipal Fund 1.0 $23M 1.6M 14.66
Vanguard Total Stock Market ETF (VTI) 1.0 $22M 214k 104.82
Blackrock Science & (BST) 1.0 $22M 1.3M 17.00
Cohen & Steers infrastucture Fund (UTF) 1.0 $22M 1.1M 19.81
Invesco Van Kampen Municipal Trust (VKQ) 0.9 $21M 1.5M 13.32
Fort Dearborn Income Securities 0.9 $20M 1.4M 14.43
Wstrn Ast Clymr Infltn Lkd Opts & Inc (WIW) 0.9 $20M 1.8M 11.06
Nuveen Municipal Advantage Fund 0.8 $19M 1.3M 14.35
Vanguard Total Bond Market ETF (BND) 0.8 $18M 223k 82.80
Nuveen Munpl Markt Opp Fund 0.8 $19M 1.3M 14.22
Swiss Helvetia Fund (SWZ) 0.8 $18M 1.8M 10.18
Voya Infrastructure Industrial & Materia (IDE) 0.8 $18M 1.4M 12.47
BlackRock Global Opportunities Equity Tr (BOE) 0.8 $17M 1.4M 11.88
Japan Smaller Capitalizaion Fund (JOF) 0.8 $17M 1.8M 9.65
Nuveen Ins Ny Tx Fr Adv Mun (NRK) 0.8 $17M 1.3M 13.44
Federated Premier Intermediate Municipal 0.8 $17M 1.2M 13.82
Invesco Van Kampen Penn Vl MI Trust (VPV) 0.8 $17M 1.2M 13.51
First Trust Enhanced Equity Income Fund (FFA) 0.7 $16M 1.2M 12.74
iShares MSCI Canada Index (EWC) 0.7 $15M 648k 23.71
Harmony Merger 0.7 $15M 1.6M 9.90
Voya Global Eq Div & Pr Opp (IGD) 0.7 $15M 2.2M 7.09
Nuveen Global Value Opportunities Fund 0.7 $15M 1.4M 10.97
Managed Duration Invtmt Grd Mun Fund 0.7 $15M 1.0M 13.94
Blackrock Muni Intermediate Drtn Fnd (MUI) 0.6 $14M 947k 14.66
Nuveen Dow 30 Dyn Overwrite (DIAX) 0.6 $14M 982k 14.11
Putnam Municipal Opportunities Trust (PMO) 0.6 $14M 1.1M 12.70
Nuveen Insd Dividend Advantage (NVG) 0.6 $13M 852k 15.17
Vanguard FTSE All-World ex-US ETF (VEU) 0.6 $13M 297k 43.15
BLACKROCK INTL GRWTH & INC T COM Bene Inter (BGY) 0.6 $13M 2.2M 5.92
Tekla Healthcare Opportunit (THQ) 0.6 $12M 783k 15.91
Asia Pacific Fund 0.6 $12M 1.3M 9.61
iShares MSCI Japan Index 0.6 $12M 1.1M 11.41
Lennox International (LII) 0.6 $12M 89k 135.19
Ar Cap Acquisition 0.6 $12M 1.2M 9.84
AllianceBernstein Natnl Muncpl Incm Fnd. (AFB) 0.5 $12M 814k 14.45
Vanguard Information Technology ETF (VGT) 0.5 $11M 99k 109.53
Vanguard Short-Term Bond ETF (BSV) 0.5 $11M 132k 80.63
Nuveen Quality Income Municipal Fund 0.5 $11M 715k 14.72
Nuveen Insured Quality Muncipal Fund 0.5 $11M 741k 14.24
New Ireland Fund 0.5 $11M 810k 12.98
MUTUAL FUND Gabelli Healthcare & Wellnessr*x (GRX) 0.5 $9.8M 998k 9.87
Vanguard Emerging Markets ETF (VWO) 0.4 $9.8M 283k 34.58
John Hancock Income Securities Trust (JHS) 0.4 $9.6M 693k 13.91
Allianzgi Nfj Divid Int Prem S cefs 0.4 $9.1M 738k 12.26
Wells Fargo Adv Global Dividend Opport (EOD) 0.4 $8.7M 1.5M 5.97
Eaton Vance Mun Bd Fd Ii 0.4 $8.8M 651k 13.46
Nuveen Dividend Advantage Municipal Fd 2 0.4 $8.7M 584k 14.85
iShares MSCI ACWI ex US Index Fund (ACWX) 0.4 $8.3M 210k 39.48
Easterly Acquisition 0.4 $8.3M 855k 9.70
Capitol Acquisition Corp Iii 0.4 $8.4M 868k 9.73
Nuveen Core Equity Alpha Fund (JCE) 0.4 $7.9M 580k 13.63
Madison Strategic Sector Premium Fund 0.3 $7.7M 686k 11.26
Spdr S&p 500 Etf (SPY) 0.3 $7.6M 37k 205.53
Pacholder High Yield 0.3 $6.3M 999k 6.35
Nuveen Premium Income Municipal Fund 0.3 $5.7M 392k 14.57
Nuveen Nasdaq 100 Dynamic Over (QQQX) 0.2 $5.5M 299k 18.47
Nexpoint Credit Strategies Fund (NXDT) 0.2 $5.5M 307k 18.05
Nuveen Ohio Quality Income M 0.2 $5.1M 327k 15.65
European Equity Fund (EEA) 0.2 $4.8M 617k 7.86
Madison Covered Call Eq Strat (MCN) 0.2 $4.8M 639k 7.47
BlackRock MuniYield Michigan Insured Fnd (MIY) 0.2 $4.7M 325k 14.56
Lazard World Dividend & Income Fund 0.2 $4.6M 514k 9.03
Japan Equity Fund ietf (JEQ) 0.2 $4.7M 643k 7.34
Western Asset Premier Bond Fund (WEA) 0.2 $4.3M 344k 12.55
Dividend & Income Fund (BXSY) 0.2 $4.2M 376k 11.16
Cutwater Select Income 0.2 $3.9M 205k 19.14
Singapore Fund 0.2 $3.9M 431k 8.99
Barington Hilco Acquisition 0.2 $3.8M 379k 9.93
Invesco Van Kampen Trust For Inv Grd Mun (VGM) 0.2 $3.5M 249k 13.98
Eaton Vance Tax-advntg Glbl Di (ETG) 0.1 $3.2M 221k 14.45
Voya Emerging Markets High I etf (IHD) 0.1 $3.3M 433k 7.73
New Germany Fund (GF) 0.1 $3.2M 226k 14.09
Eaton Vance Risk Managed Diversified (ETJ) 0.1 $3.1M 322k 9.48
Lazard Global Total Return & Income Fund (LGI) 0.1 $3.0M 240k 12.43
Eaton Vance New York Municipal Bond Fund (ENX) 0.1 $3.0M 224k 13.44
Macquarie Global Infr Total Rtrn Fnd 0.1 $3.0M 151k 20.09
China Fund (CHN) 0.1 $2.9M 198k 14.74
BlackRock Enhanced Government Fund (EGF) 0.1 $2.8M 205k 13.56
Western Ast Clymr Infl Lkd Sc & Incm (WIA) 0.1 $3.0M 260k 11.39
Cohen & Steers Quality Income Realty (RQI) 0.1 $2.6M 211k 12.41
Nuveen Premium Income Muni Fund 2 0.1 $2.6M 174k 14.72
Alpine Global Dynamic 0.1 $2.7M 315k 8.53
Vanguard Europe Pacific ETF (VEA) 0.1 $2.2M 63k 35.88
Aberdeen Australia Equity Fund (IAF) 0.1 $2.2M 395k 5.56
Morgan Stanley Asia Pacific Fund 0.1 $2.2M 159k 13.69
Morgan Stanley Emerging Markets Fund 0.1 $1.9M 145k 13.19
Templeton Emerging Markets (EMF) 0.1 $1.9M 173k 10.82
Cornerstone Strategic Value (CLM) 0.1 $2.0M 135k 14.64
Hennessy Cap Acquisition Cor 0.1 $1.9M 200k 9.68
EATON VANCE MI Municipal 0.1 $1.7M 124k 13.77
LMP Real Estate Income Fund 0.1 $1.9M 136k 13.64
BlackRock New York Insured Municipal 0.1 $1.7M 123k 14.05
Eaton Vance Oh Muni Income T sh ben int 0.1 $1.7M 113k 14.80
Voya International Div Equity Income 0.1 $1.7M 269k 6.45
Alliance California Municipal Income Fun 0.1 $1.6M 106k 14.83
Eaton Vance Pa Muni Income T sh ben int 0.1 $1.2M 95k 12.94
Guggenheim Enhanced Equity Strategy 0.1 $1.3M 85k 15.23
VIRTUS GLOBAL Multi-sec (VGI) 0.1 $1.4M 100k 14.17
Jpmorgan China Region 0.1 $1.3M 90k 14.78
Voya Asia Pacific High Div Equity Income Fund (IAE) 0.1 $1.2M 134k 9.24
Deutsche High Income Opport 0.1 $1.4M 105k 13.33
Dt Asia Invts 0.1 $1.4M 137k 10.15
C B Pharma Acquisition Corp 0.1 $1.3M 132k 10.10
Morgan Stanley India Investment Fund (IIF) 0.1 $1.1M 44k 25.02
Templeton Dragon Fund (TDF) 0.1 $1.1M 62k 17.12
BlackRock Enhanced Capital and Income (CII) 0.1 $1.2M 88k 13.54
DTF Tax Free Income (DTF) 0.1 $1.0M 66k 15.81
Nuveen Conn Prem Income Mun sh ben int 0.1 $1.0M 76k 13.21
Ishares Tr core msci euro (IEUR) 0.1 $1.1M 27k 41.09
Garnero Group Acquisition 0.1 $1.0M 103k 9.93
First Tr Dynamic Europe Eqt 0.1 $1.1M 65k 16.67
Exxon Mobil Corporation (XOM) 0.0 $917k 11k 83.63
Morgan Stanley China A Share Fund (CAF) 0.0 $939k 56k 16.93
Royce Value Trust (RVT) 0.0 $821k 70k 11.71
Guggenheim Enhanced Equity Income Fund. 0.0 $776k 106k 7.29
Aberdeen Latin Amer Eqty 0.0 $905k 50k 18.16
Nuveen Michigan Qlity Incom Municipal 0.0 $973k 68k 14.36
Dreyfus Mun Bd Infrastructure 0.0 $806k 61k 13.17
Gabelli mutual funds - (GGZ) 0.0 $817k 77k 10.56
iShares MSCI Emerging Markets Indx (EEM) 0.0 $742k 22k 34.24
Constellation Brands (STZ) 0.0 $641k 4.2k 151.18
Market Vectors Short Municipal Index ETF 0.0 $557k 32k 17.63
Cohen and Steers Global Income Builder 0.0 $572k 65k 8.78
Nuveen Ny Divid Advntg Mun F (NAN) 0.0 $756k 51k 14.74
Nuveen Nj Div Advantage Mun (NXJ) 0.0 $594k 42k 14.15
Delaware Invt Nat Muni Inc F sh ben int (VFL) 0.0 $639k 46k 13.80
Kimberly-Clark Corporation (KMB) 0.0 $450k 3.3k 134.65
Vanguard Long-Term Bond ETF (BLV) 0.0 $484k 5.2k 93.08
Nuveen Insured Tax-Free Adv Munici (NEA) 0.0 $539k 38k 14.22
Nuveen Tax-Advantaged Dividend Growth 0.0 $526k 38k 13.71
Blackrock New York Municipal Bond Trust 0.0 $482k 32k 14.96
Constellation Brands 0.0 $409k 2.7k 151.71
Microsoft Corporation (MSFT) 0.0 $214k 3.9k 55.27
Home Depot (HD) 0.0 $291k 2.2k 133.49
Johnson & Johnson (JNJ) 0.0 $225k 2.1k 108.38
Walt Disney Company (DIS) 0.0 $292k 2.9k 99.18
General Electric Company 0.0 $201k 6.3k 31.85
3M Company (MMM) 0.0 $257k 1.5k 166.34
Paychex (PAYX) 0.0 $276k 5.1k 53.97
International Business Machines (IBM) 0.0 $212k 1.4k 151.43
Pepsi (PEP) 0.0 $243k 2.4k 102.53
Procter & Gamble Company (PG) 0.0 $221k 2.7k 82.25
Gabelli Global Multimedia Trust (GGT) 0.0 $134k 18k 7.37
Sempra Energy (SRE) 0.0 $213k 2.1k 103.90
Nuveen Multi-Strategy Inc & Growth Fd 2 (JQC) 0.0 $149k 19k 7.88
Korea Equity Fund 0.0 $226k 29k 7.94
Eaton Vance Tax Managed Diversified Eq. (ETY) 0.0 $302k 28k 10.66
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.0 $252k 2.0k 126.00
BlackRock LT Municipal Advantage Trust (BTA) 0.0 $198k 17k 11.93
Gsi 0.0 $217k 15k 14.14
Nuveen Tax-Advantaged Total Return Strat 0.0 $195k 17k 11.27
Nuveen Maryland Premium Income Municipal 0.0 $168k 13k 13.42
Eaton Vance Nj Muni Income T sh ben int 0.0 $205k 15k 13.34
Mexico Equity and Income Fund (MXE) 0.0 $128k 11k 11.21
First Trust Active Dividend Income Fund 0.0 $265k 31k 8.66
Western Asset Global Cp Defi (GDO) 0.0 $317k 19k 16.47
Guggenheim Equal 0.0 $298k 18k 16.15
Wp Carey (WPC) 0.0 $242k 3.9k 62.23
Hydra Inds Acquisition 0.0 $207k 21k 9.88