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Karpus Management, Inc.

· CIK 0001048703
13F Portfolio $3.2B AUM Filed Nov 14, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 204 New
Page 5 of 11  ·  204 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 MEGI MainStay CBRE GLOBAL INFRASTRUCTURE MEGATRENDS FUND Financial Services 630,869.0 $9.3M 0.29% NEW $14.68 +1.5%
82 PGAC PANTAGES CAPITAL ACQUISITION C Financial Services 887,400.0 $9.1M 0.29% NEW $10.26 +2.6%
83 YHN ACQ CRP; TNT ACQ DT: 12/18/2025; CASH: $10.05 792,626.0 $8.3M 0.26% NEW $10.45
84 Rising Dragon Acquisition Corp 750,300.0 $7.8M 0.25% NEW $10.42
85 FLAG SHIP ACQ CRP; TNT ACQ DT: 6/18/2025; CASH $10.00 738,600.0 $7.8M 0.25% NEW $10.56
86 IEV ISHARES EUROPE ETF 117,584.0 $7.7M 0.24% NEW $65.48 +7.7%
87 CO2 ENERGY TRANSITION ACQ CRP; TNT ACQ DT: 5/21/2026; CASH: $10.05 737,471.0 $7.5M 0.24% NEW $10.16
88 ZTR VIRTUS GLOBAL DIVIDEND & INCOME FUND Financial Services 1,127,163.0 $7.3M 0.23% NEW $6.45 +3.3%
89 EWY ISHARES MSCI SOUTH KOREA IND 90,710.0 $7.3M 0.23% NEW $80.10 +123.3%
90 VOYAGER ACQ CRP; TNT ACQ DT: 8/9/2026; CASH: $10.05 671,441.0 $7.0M 0.22% NEW $10.50
91 PLUM ACQ CRP IV; TNT ACQ DT: 7/15/2026; CASH: $10.10 677,700.0 $7.0M 0.22% NEW $10.32
92 JOF JAPAN SMALLER CAPTLZTN FD INC COM Financial Services 662,088.0 $7.0M 0.22% NEW $10.54 +10.4%
93 BLACKROCK NEW YORK MUNICIPAL INCOME TRUST 683,976.0 $6.9M 0.22% NEW $10.12
94 MLAC MOUNTAIN LAKE ACQ CRP; TNT ACQ DT: 6/13/2026; CASH: $10.05 Financial Services 670,220.0 $6.9M 0.22% NEW $10.30 +3.0%
95 EWZ ISHARES BRAZIL ETF 217,208.0 $6.7M 0.21% NEW $31.00 +16.9%
96 DGRO ISHARES CORE DIVIDEND GROWTH ETF 97,006.0 $6.6M 0.21% NEW $68.08 +7.8%
97 TDAC TRIDENT ACQ CORP; TNT ACQ DATE: 11/30/19; CASH $10.20 Financial Services 616,775.0 $6.4M 0.20% NEW $10.34 +2.9%
98 OYSTER ENTERPRICES ACQ CRP II; TNT ACQ DT: 5/22/2027; CASH: $10.00 619,717.0 $6.2M 0.20% NEW $10.02
99 EDEN ISHARES MSCI DENMARK ETF 54,575.0 $6.0M 0.19% NEW $109.03 +1.3%
100 SOULPOWER ACQ CRP; TNT ACQ DT: 4/2/2027; CASH: $10.00 581,250.0 $5.9M 0.19% NEW $10.08
Page 5 of 11  ·  204 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 99.7%
Healthcare 0.1%
Technology 0.1%
Communication Services 0.0%
Consumer Cyclical 0.0%