Karpus Investment Management

Karpus Management as of Sept. 30, 2017

Portfolio Holdings for Karpus Management

Karpus Management holds 129 positions in its portfolio as reported in the September 2017 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard S&p 500 Etf idx (VOO) 12.1 $235M 1.0M 230.76
Vanguard European ETF (VGK) 6.8 $132M 2.3M 58.33
Nuveen Barclays Shrt Term Muni bdfund (SHM) 5.4 $104M 2.1M 48.60
Vanguard Small-Cap ETF (VB) 3.7 $72M 512k 141.32
BlackRock Income Trust 3.1 $59M 9.5M 6.28
Pensare Acquisition Corp 3.1 $59M 6.1M 9.67
Eaton Vance Municipal Bond Fund (EIM) 2.9 $55M 4.4M 12.68
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 2.5 $50M 564k 88.01
BlackRock Credit All Inc Trust IV (BTZ) 2.4 $47M 3.4M 13.57
Adams Express Company (ADX) 2.3 $45M 3.0M 15.21
Vanguard Total Stock Market ETF (VTI) 2.2 $43M 331k 129.52
Vanguard Pacific ETF (VPL) 2.2 $42M 619k 68.20
Vanguard Emerging Markets ETF (VWO) 2.1 $41M 944k 43.57
Modern Media Acquisition 2.1 $40M 4.1M 9.76
Morgan Stanley income sec 2.1 $40M 2.2M 18.30
Nuveen Insured Tax-Free Adv Munici (NEA) 1.7 $33M 2.4M 13.85
Liberty All-Star Equity Fund (USA) 1.5 $29M 4.9M 6.03
Vanguard Total Bond Market ETF (BND) 1.5 $29M 351k 81.96
Vanguard FTSE All-World ex-US ETF (VEU) 1.4 $27M 510k 52.71
Hennessy Cap Acquston Corp I 1.3 $25M 2.6M 9.86
iShrs S&P ShtTrm Ntnl AMTFr MncplBnf ETF (SUB) 1.3 $25M 232k 105.97
Nuveen Ins Ny Tx Fr Adv Mun (NRK) 1.2 $23M 1.7M 13.20
iShares MSCI Canada Index (EWC) 1.2 $23M 794k 28.94
Asia Pacific Fund 1.2 $23M 1.6M 13.88
General American Investors (GAM) 1.1 $22M 615k 36.02
PowerShares VRDO Tax Free Weekly Por ETF 1.1 $21M 853k 24.92
Managed Duration Invtmt Grd Mun Fund 1.1 $21M 1.5M 13.79
First Trust/Aberdeen Global Opportunity 1.0 $19M 1.6M 11.79
Vanguard Short-Term Bond ETF (BSV) 1.0 $19M 236k 79.82
Lazard World Dividend & Income Fund 1.0 $19M 1.7M 11.32
Japan Smaller Capitalizaion Fund (JOF) 0.9 $19M 1.5M 12.55
BlackRock Core Bond Trust (BHK) 0.9 $18M 1.3M 14.06
Ishares Msci Japan (EWJ) 0.9 $17M 308k 55.71
Madison Strategic Sector Premium Fund 0.9 $17M 1.4M 12.01
Kbl Merger Corp Iv 0.9 $17M 1.7M 9.72
Madison Covered Call Eq Strat (MCN) 0.8 $16M 2.1M 7.85
MFS Intermediate Income Trust (MIN) 0.8 $16M 3.7M 4.28
Invesco Insured Municipal Income Trust (IIM) 0.8 $16M 1.0M 14.96
MFS Investment Grade Municipal Trust (CXH) 0.8 $16M 1.6M 9.99
Lennox International (LII) 0.8 $16M 86k 178.97
M Iii Acquisition Corp equities 0.8 $15M 1.5M 9.80
BlackRock Enhanced Capital and Income (CII) 0.8 $15M 939k 15.60
Duff & Phelps Utility & Corp Bond Trust 0.7 $14M 1.5M 9.24
Wstrn Ast Clymr Infltn Lkd Opts & Inc (WIW) 0.7 $14M 1.2M 11.28
New Germany Fund (GF) 0.7 $14M 739k 18.57
Swiss Helvetia Fund (SWZ) 0.7 $13M 1.0M 12.77
Invesco Van Kampen Penn Vl MI Trust (VPV) 0.6 $12M 992k 12.31
Nuveen Div. Advantage Muni. Fund (NAD) 0.6 $12M 825k 14.19
Clough Gbl Opps Fund Sh Ben Int closed-end fund (GLO) 0.6 $11M 989k 11.16
Eaton Vance Mun Bd Fd Ii 0.5 $10M 793k 12.55
MUTUAL FUND Gabelli Healthcare & Wellnessr*x (GRX) 0.5 $9.3M 923k 10.11
Nuveen Core Equity Alpha Fund (JCE) 0.5 $9.0M 576k 15.54
Vanguard Long-Term Bond ETF (BLV) 0.4 $8.6M 91k 93.77
Federated Premier Intermediate Municipal 0.4 $8.5M 626k 13.61
Stellar Acquisition Iii 0.4 $8.3M 814k 10.15
Japan Equity Fund ietf (JEQ) 0.4 $8.0M 924k 8.71
Industrea Acquisition Corp cl a 0.4 $7.9M 808k 9.74
BLACKROCK INTL GRWTH & INC T COM Bene Inter (BGY) 0.4 $7.0M 1.1M 6.56
Blackrock Science & (BST) 0.4 $6.9M 283k 24.43
iShares MSCI ACWI ex US Index Fund (ACWX) 0.3 $6.5M 135k 48.35
Nuveen Ohio Quality Income M 0.3 $6.7M 442k 15.08
Blackrock Muni Intermediate Drtn Fnd 0.3 $6.2M 436k 14.17
Tekla Healthcare Opportunit (THQ) 0.3 $6.3M 338k 18.57
First Trust Enhanced Equity Income Fund (FFA) 0.3 $6.1M 403k 15.05
BlackRock MuniYield Michigan Insured Fnd (MIY) 0.3 $5.8M 414k 13.96
Jensyn Acquisition 0.3 $5.8M 571k 10.23
Industrea Acquisition Corp unit 07/21/2024 0.3 $5.8M 572k 10.11
Doubleline Total Etf etf (TOTL) 0.3 $5.6M 114k 49.27
China Fund (CHN) 0.3 $5.5M 270k 20.35
AllianceBernstein Natnl Muncpl Incm Fnd. (AFB) 0.3 $5.1M 362k 13.96
Matlin & Partners Acquisitio cl a 0.3 $5.0M 515k 9.71
Bison Cap Acquisition Corp ord 0.2 $4.6M 463k 9.87
Atlantic Acquisition Corp 0.2 $4.4M 445k 9.81
European Equity Fund (EEA) 0.2 $4.1M 421k 9.68
Aberdeen Indonesia Fund 0.2 $3.8M 484k 7.76
Vaneck Vectors Amt-free Shrt M bdfund (SMB) 0.2 $3.6M 207k 17.53
John Hancock Income Securities Trust (JHS) 0.2 $3.5M 238k 14.83
M I Acquisitions 0.2 $3.5M 346k 10.10
Taiwan Fund (TWN) 0.2 $3.2M 157k 20.58
Singapore Fund 0.2 $3.0M 262k 11.64
National Energy Services Reu (NESR) 0.1 $2.7M 283k 9.62
Templeton Emerging Markets (EMF) 0.1 $2.6M 156k 16.49
Morgan Stanley Emerging Markets Fund 0.1 $2.3M 133k 17.38
BlackRock New York Insured Municipal 0.1 $2.2M 162k 13.40
ING Groep (ING) 0.1 $1.8M 183k 9.71
Morgan Stanley Asia Pacific Fund 0.1 $1.8M 103k 17.24
Allianzgi Equity & Conv In 0.1 $1.8M 88k 20.70
Morgan Stanley India Investment Fund (IIF) 0.1 $1.5M 43k 34.25
Tri-Continental Corporation (TY) 0.1 $1.6M 63k 25.55
Deutsche High Income Opport 0.1 $1.6M 105k 15.13
Vanguard Europe Pacific ETF (VEA) 0.1 $1.3M 31k 43.41
iShares S&P Europe 350 Index (IEV) 0.1 $1.4M 31k 46.86
Vanguard Intmdte Tm Govt Bd ETF (VGIT) 0.1 $1.3M 21k 64.68
EATON VANCE MI Municipal 0.1 $1.2M 93k 13.20
Eaton Vance New York Municipal Bond Fund (ENX) 0.1 $1.2M 92k 12.93
Western Ast Clymr Infl Lkd Sc & Incm (WIA) 0.1 $1.2M 100k 11.55
Voya Asia Pacific High Div Equity Income Fund (IAE) 0.1 $1.2M 110k 10.71
Aberdeen Latin Amer Eqty 0.1 $966k 35k 27.35
Ing Global Advantage And Premium Opportunity Fund (IGA) 0.1 $925k 80k 11.51
iShares MSCI Emerging Markets Indx (EEM) 0.0 $847k 19k 44.80
Exxon Mobil Corporation (XOM) 0.0 $776k 9.5k 81.96
Constellation Brands (STZ) 0.0 $846k 4.2k 199.53
BlackRock Muni New York Intr. Dur. Fnd. 0.0 $707k 51k 13.98
Eaton Vance Pa Muni Income T sh ben int 0.0 $760k 62k 12.26
Templeton Dragon Fund (TDF) 0.0 $655k 32k 20.80
Pioneer Municipal High Income Trust (MHI) 0.0 $550k 46k 12.02
Eaton Vance California Mun. Income Trust (CEV) 0.0 $562k 45k 12.49
Eaton Vance Oh Muni Income T sh ben int 0.0 $595k 44k 13.58
Constellation Brands 0.0 $537k 2.7k 199.18
Novanta (NOVT) 0.0 $669k 15k 43.61
Kimberly-Clark Corporation (KMB) 0.0 $309k 2.6k 117.85
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.0 $457k 3.7k 123.51
Eaton Vance New York Muni. Incm. Trst 0.0 $471k 36k 13.17
Turkish Investment Fund 0.0 $448k 48k 9.38
Aberdeen Chile Fund (AEF) 0.0 $462k 55k 8.40
Ishares Tr core msci euro (IEUR) 0.0 $338k 6.8k 49.71
Kayne Anderson Acquisition 0.0 $479k 49k 9.76
Berkshire Hathaway (BRK.B) 0.0 $229k 1.3k 183.20
Johnson & Johnson (JNJ) 0.0 $231k 1.8k 130.14
Nucor Corporation (NUE) 0.0 $234k 4.2k 56.14
Paychex (PAYX) 0.0 $283k 4.7k 59.88
Eaton Vance Pa Mun Bd 0.0 $140k 11k 12.91
Invesco Quality Municipal Inc Trust (IQI) 0.0 $198k 16k 12.77
Neuberger Berman NY Int Mun Common 0.0 $269k 21k 12.66
Alliance California Municipal Income Fun 0.0 $214k 16k 13.81
Blackrock New York Municipal Bond Trust 0.0 $204k 14k 14.88
Western Asset Hgh Yld Dfnd (HYI) 0.0 $241k 16k 15.55
Wp Carey (WPC) 0.0 $262k 3.9k 67.37
Electrum Spl Acquisition Cor 0.0 $133k 13k 10.27