Karpus Investment Management

Karpus Management as of Dec. 31, 2017

Portfolio Holdings for Karpus Management

Karpus Management holds 149 positions in its portfolio as reported in the December 2017 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard S&p 500 Etf idx (VOO) 11.8 $255M 1.0M 245.29
Vanguard European ETF (VGK) 6.5 $141M 2.4M 59.15
Spdr S&p 500 Etf (SPY) 4.7 $101M 379k 266.86
Vanguard Small-Cap ETF (VB) 3.5 $75M 508k 147.80
Eaton Vance Municipal Bond Fund (EIM) 3.0 $66M 5.2M 12.51
Nuveen Div. Advantage Muni. Fund (NAD) 3.0 $64M 4.6M 14.06
Pensare Acquisition Corp 2.7 $59M 6.1M 9.66
Nuveen Barclays Shrt Term Muni bdfund (SHM) 2.6 $57M 1.2M 47.91
BlackRock Income Trust 2.5 $53M 8.6M 6.17
Vanguard Total Stock Market ETF (VTI) 2.3 $50M 362k 137.25
Nuveen Insured Tax-Free Adv Munici (NEA) 2.2 $47M 3.4M 13.75
Vanguard Pacific ETF (VPL) 2.1 $45M 614k 72.90
BlackRock Credit All Inc Trust IV (BTZ) 2.0 $43M 3.2M 13.32
Invesco Insured Municipal Income Trust (IIM) 2.0 $42M 2.8M 14.90
Vanguard Emerging Markets ETF (VWO) 1.9 $42M 918k 45.91
Morgan Stanley income sec 1.9 $41M 2.2M 18.35
Modern Media Acquisition 1.9 $40M 4.1M 9.82
Adams Express Company (ADX) 1.8 $39M 2.6M 15.03
Nuveen Ins Ny Tx Fr Adv Mun (NRK) 1.4 $31M 2.4M 12.96
Vanguard FTSE All-World ex-US ETF (VEU) 1.4 $30M 544k 54.72
Forum Merger Corp - A 1.4 $30M 3.0M 9.98
Vanguard Total Bond Market ETF (BND) 1.2 $27M 329k 81.57
Gabelli Equity Trust (GAB) 1.2 $26M 4.2M 6.19
Hennessy Cap Acquston Corp I 1.1 $25M 2.5M 9.80
Vanguard Long-Term Bond ETF (BLV) 1.1 $24M 255k 95.08
Asia Pacific Fund 1.1 $24M 1.6M 14.41
Managed Duration Invtmt Grd Mun Fund 1.0 $23M 1.7M 13.43
iShares MSCI Canada Index (EWC) 1.0 $22M 754k 29.64
PowerShares VRDO Tax Free Weekly Por ETF 1.0 $22M 864k 24.91
iShrs S&P ShtTrm Ntnl AMTFr MncplBnf ETF (SUB) 1.0 $21M 204k 104.87
Liberty All-Star Equity Fund (USA) 0.9 $20M 3.2M 6.30
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.9 $20M 229k 87.39
Lazard World Dividend & Income Fund 0.9 $19M 1.6M 11.63
Ishares Msci Japan (EWJ) 0.9 $19M 310k 59.93
Lennox International (LII) 0.8 $18M 86k 208.27
First Trust/Aberdeen Global Opportunity 0.8 $16M 1.4M 11.66
Kbl Merger Corp Iv 0.8 $16M 1.7M 9.72
Eaton Vance Mun Bd Fd Ii 0.8 $16M 1.3M 12.31
Madison Strategic Sector Premium Fund 0.7 $16M 1.4M 11.71
Vanguard Value ETF (VTV) 0.7 $16M 149k 106.32
Madison Covered Call Eq Strat (MCN) 0.7 $16M 2.1M 7.72
Vanguard Short-Term Bond ETF (BSV) 0.7 $16M 198k 79.10
MFS Investment Grade Municipal Trust (CXH) 0.7 $15M 1.6M 9.71
M Iii Acquisition Corp equities 0.7 $15M 1.5M 9.92
New Germany Fund (GF) 0.7 $14M 721k 19.44
Invesco Quality Municipal Inc Trust (IQI) 0.6 $14M 1.1M 12.51
Japan Smaller Capitalizaion Fund (JOF) 0.6 $14M 1.2M 11.81
Duff & Phelps Utility & Corp Bond Trust 0.6 $14M 1.5M 8.85
Invesco Van Kampen Muni Opp Trust (VMO) 0.6 $13M 1.1M 12.40
Wstrn Ast Clymr Infltn Lkd Opts & Inc (WIW) 0.6 $13M 1.1M 11.42
Swiss Helvetia Fund (SWZ) 0.6 $13M 991k 12.76
BlackRock Enhanced Capital and Income (CII) 0.6 $12M 750k 16.38
Invesco Van Kampen Penn Vl MI Trust (VPV) 0.6 $12M 974k 12.15
BlackRock Core Bond Trust (BHK) 0.5 $11M 792k 14.04
MUTUAL FUND Gabelli Healthcare & Wellnessr*x (GRX) 0.4 $9.3M 904k 10.32
Industrea Acquisition Corp cl a 0.4 $9.3M 960k 9.72
MFS Intermediate Income Trust (MIN) 0.4 $8.7M 2.1M 4.15
Nuveen Ohio Quality Income M 0.4 $8.5M 581k 14.64
Stellar Acquisition Iii 0.4 $8.3M 814k 10.21
Japan Equity Fund ietf (JEQ) 0.4 $7.9M 878k 9.02
Blackrock Municipal 2018 Term Trust 0.3 $7.6M 517k 14.77
iShares MSCI ACWI ex US Index Fund (ACWX) 0.3 $6.4M 127k 49.95
Blackrock Muni Intermediate Drtn Fnd (MUI) 0.3 $6.4M 457k 13.92
Federated Premier Municipal Income (FMN) 0.3 $6.3M 446k 14.04
Matlin & Partners Acquisitio cl a 0.3 $6.0M 616k 9.76
iShares S&P 500 Index (IVV) 0.3 $5.8M 22k 268.84
China Fund (CHN) 0.3 $5.8M 267k 21.65
Tekla Healthcare Opportunit (THQ) 0.3 $5.8M 332k 17.52
BlackRock MuniYield Michigan Insured Fnd (MIY) 0.3 $5.7M 405k 14.00
Jensyn Acquisition 0.3 $5.6M 546k 10.30
Industrea Acquisition Corp unit 07/21/2024 0.3 $5.6M 552k 10.06
Nuveen Build Amer Bd (NBB) 0.2 $5.2M 236k 21.98
Bison Cap Acquisition Corp ord 0.2 $5.1M 515k 9.87
AllianceBernstein Natnl Muncpl Incm Fnd. (AFB) 0.2 $4.8M 361k 13.40
Nuveen Core Equity Alpha Fund (JCE) 0.2 $4.8M 327k 14.60
Atlantic Acquisition Corp 0.2 $4.8M 489k 9.86
I Am Cap Acquisition 0.2 $4.5M 457k 9.85
Aberdeen Latin Amer Eqty 0.2 $4.4M 163k 26.72
Clough Gbl Opps Fund Sh Ben Int closed-end fund (GLO) 0.2 $4.1M 373k 10.88
Aberdeen Indonesia Fund 0.2 $4.2M 544k 7.64
Singapore Fund 0.2 $3.8M 309k 12.42
Nuveen Mun 2021 Target Term 0.2 $3.6M 382k 9.44
M I Acquisitions 0.2 $3.5M 344k 10.19
Taiwan Fund (TWN) 0.1 $3.2M 156k 20.87
Draper Oakwood Technology 0.1 $3.3M 333k 9.77
European Equity Fund (EEA) 0.1 $3.0M 308k 9.87
Vaneck Vectors Amt-free Shrt M bdfund (SMB) 0.1 $3.0M 177k 17.24
Aberdeen Chile Fund (AEF) 0.1 $2.7M 297k 8.93
Doubleline Total Etf etf (TOTL) 0.1 $2.7M 55k 48.63
Black Ridge Acquisition Corp 0.1 $2.5M 261k 9.66
Morgan Stanley Emerging Markets Fund 0.1 $2.3M 129k 17.89
Templeton Emerging Markets (EMF) 0.1 $2.4M 144k 16.41
Aberdeen Gtr China 0.1 $2.3M 183k 12.46
BlackRock New York Insured Municipal 0.1 $2.1M 161k 13.16
Nuveen Hgh Inc Dec18 Trgt Tr 0.1 $2.0M 205k 9.91
Aberdn Emring Mkts Telecomtions 0.1 $1.7M 117k 14.54
Eaton Vance Municipal Income Trust (EVN) 0.1 $1.7M 136k 12.40
Morgan Stanley Asia Pacific Fund 0.1 $1.7M 93k 18.40
iShares S&P Europe 350 Index (IEV) 0.1 $1.4M 31k 47.26
Morgan Stanley India Investment Fund (IIF) 0.1 $1.4M 42k 33.14
Vanguard Europe Pacific ETF (VEA) 0.1 $1.4M 31k 44.85
Vanguard Intmdte Tm Govt Bd ETF (VGIT) 0.1 $1.3M 20k 63.94
Eaton Vance New York Municipal Bond Fund (ENX) 0.1 $1.3M 106k 12.33
Western Ast Clymr Infl Lkd Sc & Incm (WIA) 0.1 $1.4M 119k 11.79
Cohen and Steers Global Income Builder 0.1 $1.4M 141k 9.88
EATON VANCE MI Municipal 0.1 $1.2M 92k 12.82
Voya Asia Pacific High Div Equity Income Fund (IAE) 0.1 $1.0M 98k 10.48
iShares MSCI Emerging Markets Indx (EEM) 0.0 $877k 19k 47.10
Exxon Mobil Corporation (XOM) 0.0 $892k 11k 83.61
Constellation Brands (STZ) 0.0 $969k 4.2k 228.54
Big Rock Partners Acquisi 0.0 $884k 91k 9.70
Templeton Dragon Fund (TDF) 0.0 $657k 31k 21.50
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.0 $672k 5.5k 122.18
Invesco Van Kampen Municipal Trust (VKQ) 0.0 $543k 43k 12.50
Pioneer Municipal High Income Trust (MHI) 0.0 $542k 46k 11.85
BlackRock MuniYield New York Insured Fnd (MYN) 0.0 $745k 58k 12.92
Eaton Vance California Mun. Income Trust (CEV) 0.0 $547k 45k 12.15
BlackRock Muni New York Intr. Dur. Fnd. 0.0 $685k 50k 13.60
Eaton Vance Oh Muni Income T sh ben int 0.0 $571k 44k 13.03
Constellation Brands 0.0 $613k 2.7k 227.37
Eaton Vance Pa Muni Income T sh ben int 0.0 $756k 62k 12.20
Microsoft Corporation (MSFT) 0.0 $412k 4.8k 85.44
Home Depot (HD) 0.0 $501k 2.6k 189.70
Johnson & Johnson (JNJ) 0.0 $332k 2.4k 139.79
Eaton Vance New York Muni. Incm. Trst 0.0 $416k 33k 12.69
Ishares Tr core msci euro (IEUR) 0.0 $341k 6.8k 50.15
Deutsche High Income Opport 0.0 $374k 25k 15.04
Kayne Anderson Acquisition 0.0 $477k 49k 9.71
Cm Seven Star Acquisition 0.0 $364k 38k 9.66
JPMorgan Chase & Co. (JPM) 0.0 $218k 2.0k 106.76
Berkshire Hathaway (BRK.B) 0.0 $310k 1.6k 198.21
M&T Bank Corporation (MTB) 0.0 $217k 1.3k 171.27
Walt Disney Company (DIS) 0.0 $310k 2.9k 107.38
Kimberly-Clark Corporation (KMB) 0.0 $316k 2.6k 120.52
Nucor Corporation (NUE) 0.0 $265k 4.2k 63.58
Paychex (PAYX) 0.0 $319k 4.7k 68.02
Pepsi (PEP) 0.0 $300k 2.5k 120.00
Procter & Gamble Company (PG) 0.0 $209k 2.3k 91.95
Sempra Energy (SRE) 0.0 $219k 2.1k 106.83
Oracle Corporation (ORCL) 0.0 $272k 5.8k 47.24
General American Investors (GAM) 0.0 $211k 6.1k 34.44
Eaton Vance Pa Mun Bd 0.0 $135k 11k 12.45
Neuberger Berman NY Int Mun Common 0.0 $212k 17k 12.17
Alliance California Municipal Income Fun 0.0 $211k 16k 13.61
Nuveen Build Amer Bd Opptny 0.0 $288k 13k 23.09
Western Asset Hgh Yld Dfnd (HYI) 0.0 $234k 16k 15.10
Wp Carey (WPC) 0.0 $268k 3.9k 68.91
Dowdupont 0.0 $241k 3.4k 71.37
Western Asset Municipal Hgh Incm Fnd (MHF) 0.0 $81k 11k 7.43