Karpus Investment Management

Karpus Management as of March 31, 2017

Portfolio Holdings for Karpus Management

Karpus Management holds 165 positions in its portfolio as reported in the March 2017 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard S&p 500 Etf idx (VOO) 9.5 $183M 847k 216.35
Nuveen Barclays Shrt Term Muni bdfund (SHM) 5.5 $107M 2.2M 48.44
Vanguard Small-Cap ETF (VB) 3.5 $67M 505k 133.28
Spdr S&p 500 Etf (SPY) 3.4 $66M 280k 235.74
Vanguard European ETF (VGK) 3.2 $62M 1.2M 51.57
BlackRock Income Trust 3.1 $59M 9.6M 6.19
Adams Express Company (ADX) 2.5 $49M 3.5M 13.75
Liberty All-Star Equity Fund (USA) 2.3 $44M 8.0M 5.46
BlackRock Credit All Inc Trust IV (BTZ) 2.2 $42M 3.2M 13.16
Eaton Vance Municipal Bond Fund (EIM) 2.2 $42M 3.3M 12.55
Morgan Stanley income sec 2.0 $40M 2.2M 17.88
First Trust/Aberdeen Global Opportunity 2.0 $39M 3.4M 11.62
Vanguard Pacific ETF (VPL) 1.9 $37M 590k 63.28
Vanguard Total Stock Market ETF (VTI) 1.7 $32M 264k 121.32
Vanguard Total Bond Market ETF (BND) 1.6 $32M 394k 81.08
Tri-Continental Corporation (TY) 1.5 $30M 1.3M 23.12
MFS Investment Grade Municipal Trust (CXH) 1.3 $26M 2.7M 9.64
iShrs S&P ShtTrm Ntnl AMTFr MncplBnf ETF (SUB) 1.3 $26M 242k 105.59
MFS Intermediate Income Trust (MIN) 1.3 $25M 5.8M 4.31
Blackrock Science & (BST) 1.3 $25M 1.2M 21.16
General American Investors (GAM) 1.2 $24M 710k 33.51
Nuveen Ins Ny Tx Fr Adv Mun (NRK) 1.2 $23M 1.8M 12.98
Vanguard Information Technology ETF (VGT) 1.2 $22M 165k 135.63
BLACKROCK INTL GRWTH & INC T COM Bene Inter (BGY) 1.1 $22M 3.8M 5.79
Vanguard FTSE All-World ex-US ETF (VEU) 1.1 $22M 453k 47.83
iShares MSCI Canada Index (EWC) 1.1 $21M 788k 26.88
PowerShares VRDO Tax Free Weekly Por ETF 1.1 $21M 843k 24.92
Vanguard Short-Term Bond ETF (BSV) 1.0 $20M 252k 79.72
Vanguard Emerging Markets ETF (VWO) 1.0 $20M 502k 39.72
Federated Premier Intermediate Municipal 1.0 $20M 1.5M 13.16
Allianzgi Equity & Conv In 1.0 $19M 998k 19.30
First Trust Enhanced Equity Income Fund (FFA) 1.0 $19M 1.3M 14.44
Managed Duration Invtmt Grd Mun Fund 1.0 $19M 1.4M 13.20
Asia Pacific Fund 1.0 $19M 1.5M 12.23
Nuveen Insured Tax-Free Adv Munici (NEA) 1.0 $19M 1.4M 13.36
Japan Smaller Capitalizaion Fund (JOF) 0.9 $18M 1.7M 10.84
BlackRock Core Bond Trust (BHK) 0.9 $18M 1.4M 13.35
Lazard World Dividend & Income Fund 0.9 $18M 1.7M 10.65
Gabelli Equity Trust (GAB) 0.9 $18M 2.9M 5.97
Madison Strategic Sector Premium Fund 0.9 $17M 1.4M 12.20
Swiss Helvetia Fund (SWZ) 0.8 $16M 1.4M 11.60
Blackrock Muni Intermediate Drtn Fnd (MUI) 0.8 $16M 1.2M 13.85
Madison Covered Call Eq Strat (MCN) 0.8 $16M 2.0M 8.03
Harmony Merger 0.8 $16M 1.5M 10.21
Ishares Msci Japan (EWJ) 0.8 $16M 303k 51.50
Duff & Phelps Utility & Corp Bond Trust 0.8 $15M 1.7M 9.21
Lennox International (LII) 0.8 $15M 87k 167.30
BlackRock Enhanced Capital and Income (CII) 0.8 $15M 1.0M 14.32
Wstrn Ast Clymr Infltn Lkd Opts & Inc (WIW) 0.7 $14M 1.3M 11.17
Nuveen Div. Advantage Muni. Fund (NAD) 0.7 $14M 1.0M 13.69
Invesco Van Kampen Penn Vl MI Trust (VPV) 0.7 $13M 1.1M 12.17
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.7 $13M 145k 86.38
Easterly Acquisition 0.6 $12M 1.2M 9.96
M Iii Acquisition Corp equities 0.6 $12M 1.3M 9.80
New Ireland Fund 0.6 $12M 946k 12.66
Quinpario Acquisition Corp 2 0.6 $11M 1.1M 9.97
BlackRock Global Opportunities Equity Tr (BOE) 0.6 $11M 876k 12.40
New Germany Fund (GF) 0.5 $10M 705k 14.77
Clough Gbl Opps Fund Sh Ben Int closed-end fund (GLO) 0.5 $10M 999k 10.29
Nuveen Core Equity Alpha Fund (JCE) 0.5 $9.4M 676k 13.93
MUTUAL FUND Gabelli Healthcare & Wellnessr*x (GRX) 0.5 $9.3M 935k 9.99
BlackRock MuniYield Michigan Insured Fnd (MIY) 0.5 $9.1M 671k 13.60
AllianceBernstein Natnl Muncpl Incm Fnd. (AFB) 0.5 $8.8M 659k 13.38
Vanguard Long-Term Bond ETF (BLV) 0.4 $8.6M 95k 90.04
Eaton Vance Mun Bd Fd Ii 0.4 $8.5M 693k 12.28
Allianzgi Nfj Divid Int Prem S cefs 0.4 $8.2M 633k 12.89
Stellar Acquisition Iii 0.4 $8.1M 809k 10.05
Korea Equity Fund 0.4 $7.8M 888k 8.78
Boulder Growth & Income Fund (STEW) 0.4 $7.6M 822k 9.30
Barington Hilco Acquisition 0.4 $7.7M 752k 10.20
Japan Equity Fund ietf (JEQ) 0.4 $7.5M 948k 7.96
Nuveen Ohio Quality Income M 0.4 $7.1M 478k 14.79
Nuveen Int Dur Qual Mun Trm 0.4 $7.2M 555k 12.92
iShares MSCI ACWI ex US Index Fund (ACWX) 0.3 $6.3M 145k 43.62
Tekla Healthcare Opportunit (THQ) 0.3 $6.1M 351k 17.40
Jensyn Acquisition 0.3 $5.8M 569k 10.25
John Hancock Income Securities Trust (JHS) 0.3 $5.1M 363k 14.14
Nuveen Div Adv Muni Fd 3 Ben Int (NZF) 0.3 $5.0M 349k 14.39
VIRTUS GLOBAL Multi-sec (VGI) 0.3 $5.0M 306k 16.18
Nuveen Dow 30 Dyn Overwrite (DIAX) 0.3 $4.9M 316k 15.65
European Equity Fund (EEA) 0.2 $4.3M 519k 8.32
Voya Global Eq Div & Pr Opp (IGD) 0.2 $3.9M 529k 7.34
China Fund (CHN) 0.2 $3.7M 223k 16.62
Singapore Fund 0.2 $3.4M 321k 10.70
Macquarie Global Infr Total Rtrn Fnd 0.2 $3.3M 145k 22.85
Ing Global Advantage And Premium Opportunity Fund (IGA) 0.2 $3.3M 315k 10.48
Wells Fargo Adv Global Dividend Opport (EOD) 0.2 $3.1M 530k 5.82
Voya Emerging Markets High I etf (IHD) 0.1 $3.0M 342k 8.64
Eaton Vance Enhanced Equity Income Fund (EOI) 0.1 $2.8M 212k 13.11
Cohen and Steers Global Income Builder 0.1 $2.6M 285k 9.16
Vaneck Vectors Amt-free Shrt M bdfund (SMB) 0.1 $2.7M 154k 17.45
Vanguard Intmdte Tm Govt Bd ETF (VGIT) 0.1 $2.5M 38k 64.31
Invesco Van Kampen Municipal Trust (VKQ) 0.1 $2.5M 198k 12.53
Templeton Emerging Markets (EMF) 0.1 $2.4M 174k 14.02
Morgan Stanley Emerging Markets Fund 0.1 $2.0M 138k 14.75
BlackRock New York Insured Municipal 0.1 $2.1M 159k 13.11
Alpine Global Dynamic 0.1 $2.1M 216k 9.76
Morgan Stanley Asia Pacific Fund 0.1 $1.8M 120k 15.35
Invesco Van Kampen Bond Fund (VBF) 0.1 $1.5M 79k 18.94
Pioneer Municipal High Income Trust (MHI) 0.1 $1.5M 131k 11.62
Deutsche High Income Opport 0.1 $1.5M 105k 14.65
Morgan Stanley India Investment Fund (IIF) 0.1 $1.4M 44k 31.53
EATON VANCE MI Municipal 0.1 $1.3M 104k 13.01
iShares S&P Europe 350 Index (IEV) 0.1 $1.3M 30k 41.85
Eaton Vance Tax-advntg Glbl Di (ETG) 0.1 $1.4M 88k 15.67
Jpmorgan China Region 0.1 $1.3M 72k 18.33
Vanguard Europe Pacific ETF (VEA) 0.1 $1.2M 30k 39.29
Royce Value Trust (RVT) 0.1 $1.2M 82k 14.01
Invesco Insured Municipal Income Trust (IIM) 0.1 $1.2M 82k 14.59
Zweig Fund 0.1 $1.1M 102k 11.12
Voya Asia Pacific High Div Equity Income Fund (IAE) 0.1 $1.1M 113k 10.14
Virtus Global Divid Income F (ZTR) 0.1 $1.2M 103k 11.74
Exxon Mobil Corporation (XOM) 0.1 $875k 11k 82.02
Gabelli Dividend & Income Trust (GDV) 0.1 $906k 43k 20.86
Nuveen Insd Dividend Advantage (NVG) 0.1 $999k 68k 14.62
Aberdeen Latin Amer Eqty 0.1 $890k 38k 23.52
Eaton Vance Pa Muni Income T sh ben int 0.1 $1.0M 83k 12.06
iShares MSCI Emerging Markets Indx (EEM) 0.0 $739k 19k 39.39
Constellation Brands (STZ) 0.0 $687k 4.2k 162.03
Templeton Dragon Fund (TDF) 0.0 $791k 42k 18.78
Invesco Van Kampen Trust For Inv Grd Mun (VGM) 0.0 $718k 55k 12.99
Eaton Vance New York Municipal Bond Fund (ENX) 0.0 $820k 66k 12.35
Nuveen Select Tax Free Incom Portfolio 2 0.0 $768k 57k 13.41
BlackRock Muni New York Intr. Dur. Fnd. 0.0 $723k 53k 13.76
Dreyfus Mun Bd Infrastructure 0.0 $695k 55k 12.67
Gabelli mutual funds - (GGZ) 0.0 $808k 71k 11.38
M I Acquisitions 0.0 $679k 68k 10.00
Pacholder High Yield 0.0 $493k 64k 7.71
Western Asset Municipal Hgh Incm Fnd (MHF) 0.0 $585k 81k 7.23
Nuveen Select Tax-Free Incom Portfolio 3 0.0 $586k 41k 14.22
Eaton Vance California Mun. Income Trust (CEV) 0.0 $555k 45k 12.26
Van Kampen Advantage Muni Incm Tr II (VKI) 0.0 $675k 60k 11.20
Eaton Vance Oh Muni Income T sh ben int 0.0 $595k 44k 13.58
Western Asset Global Cp Defi (GDO) 0.0 $513k 30k 17.40
Home Depot (HD) 0.0 $402k 2.7k 146.66
Walt Disney Company (DIS) 0.0 $382k 2.9k 129.76
Kimberly-Clark Corporation (KMB) 0.0 $355k 2.7k 131.63
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.0 $455k 3.7k 122.97
Invesco Van Kampen Trust for IGNYM Fund (VTN) 0.0 $399k 30k 13.48
Invesco Quality Municipal Inc Trust (IQI) 0.0 $295k 24k 12.45
Neuberger Berman NY Int Mun Common 0.0 $320k 26k 12.51
Eaton Vance New York Muni. Incm. Trst 0.0 $304k 24k 12.83
Constellation Brands 0.0 $438k 2.7k 162.46
Ishares Tr core msci euro (IEUR) 0.0 $321k 7.3k 43.97
Jm Global Hldg 0.0 $456k 46k 9.96
Novanta (NOVT) 0.0 $407k 15k 26.53
Microsoft Corporation (MSFT) 0.0 $255k 3.9k 65.86
Berkshire Hathaway (BRK.B) 0.0 $208k 1.3k 166.40
Johnson & Johnson (JNJ) 0.0 $259k 2.1k 124.76
Nucor Corporation (NUE) 0.0 $249k 4.2k 59.74
Paychex (PAYX) 0.0 $278k 4.7k 58.82
Pepsi (PEP) 0.0 $265k 2.4k 111.81
Procter & Gamble Company (PG) 0.0 $223k 2.5k 89.77
Sempra Energy (SRE) 0.0 $227k 2.1k 110.73
Eaton Vance Tax Managed Diversified Eq. (ETY) 0.0 $265k 24k 11.08
Eaton Vance Pa Mun Bd 0.0 $229k 18k 12.72
Pioneer Municipal High Income Advantage (MAV) 0.0 $110k 10k 11.00
Putnam Managed Municipal Income Trust (PMM) 0.0 $106k 15k 7.26
Alliance California Municipal Income Fun 0.0 $206k 16k 13.29
Blackrock New York Municipal Bond Trust 0.0 $261k 19k 14.11
Turkish Investment Fund 0.0 $163k 20k 8.30
Western Asset Hgh Yld Dfnd (HYI) 0.0 $238k 16k 15.35
First Trust Strategic 0.0 $159k 12k 13.05
Wp Carey (WPC) 0.0 $242k 3.9k 62.23
Blackstone Gso Strategic (BGB) 0.0 $168k 11k 15.85