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Portfolio (Quarterly) Guide ↗

Karpus Management, Inc.

· CIK 0001048703
13F Portfolio $3.3B AUM 214 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 35 New 67 Added 81 Reduced 25 Exited
Page 5 of 11  ·  214 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 ETG EATON VANCE TAX-ADV GLOBAL DIV INCOME FUND Financial Services 417,229.0 $9.6M 0.30% -196K -32.0% $23.10 -2.6%
82 EOD ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND Financial Services 1,641,368.0 $9.6M 0.29% +857K +109.2% $5.83 +9.1%
83 EMIS EMMIS ACQ CRP; TNT ACQ DT: 3/25/2027; CASH: $10.00 Financial Services 913,836.0 $9.1M 0.28% NEW $9.93 +1.7%
84 EDEN ISHARES MSCI DENMARK ETF 77,516.0 $8.9M 0.27% +23K +42.0% $114.47 -3.5%
85 PGAC PANTAGES CAPITAL ACQUISITION C Financial Services 844,700.0 $8.8M 0.27% -43K -4.8% $10.36 +1.8%
86 EWY ISHARES MSCI SOUTH KOREA IND 89,087.0 $8.7M 0.27% -2K -1.8% $97.22 +83.0%
87 BLACKROCK MUNIYIELD FUND, INC. 815,853.0 $8.6M 0.26% +607K +289.9% $10.49
88 ORIQ ORIGIN ACQ CRP; TNT ACQ DT: 7/1/2027; CASH: $10.10 Financial Services 819,444.0 $8.3M 0.25% +390K +91.0% $10.11 +1.7%
89 DPG Duff & Phelps Utility & Inc Financial Services 651,743.0 $8.3M 0.25% -116K -15.2% $12.71 +13.4%
90 YHN ACQ CRP; TNT ACQ DT: 12/18/2025; CASH: $10.05 767,026.0 $8.1M 0.25% -26K -3.2% $10.61
91 CO2 ENERGY TRANSITION ACQ CRP; TNT ACQ DT: 5/21/2026; CASH: $10.05 780,246.0 $8.0M 0.25% +43K +5.8% $10.29
92 CHENGHE ACQ CRP III; TNT ACQ DT: 3/16/2027; CASH: $10.00 795,850.0 $7.9M 0.24% NEW $9.97
93 IEV ISHARES EUROPE ETF 115,456.0 $7.9M 0.24% -2K -1.8% $68.60 +3.7%
94 FLAG SHIP ACQ CRP; TNT ACQ DT: 6/18/2025; CASH $10.00 736,350.0 $7.9M 0.24% $10.75
95 KCHV KOCHAV DEFENSE ACQ CRP; TNT ACQ DT: 11/28/2026; CASH: $10.00 Financial Services 764,019.0 $7.7M 0.24% +649K +564.4% $10.14 +1.8%
96 MQY BLACKROCK MUNIYIELD QUALITY Financial Services 683,812.0 $7.7M 0.24% NEW $11.30 -1.9%
97 OBA OXLEY BRIDGE ACQ CRP; TNT ACQ DT: 6/25/2027; CASH: $10.00 Financial Services 766,400.0 $7.7M 0.24% NEW $10.08 +1.0%
98 MEGI MainStay CBRE GLOBAL INFRASTRUCTURE MEGATRENDS FUND Financial Services 558,942.0 $7.7M 0.24% -72K -11.4% $13.76 +10.0%
99 Rising Dragon Acquisition Corp 736,550.0 $7.7M 0.24% -14K -1.8% $10.44
100 NMP NMP ACQ CRP; TNT ACQ DT: 1/2/2027; CASH: $10.00 Financial Services 767,290.0 $7.7M 0.24% NEW $10.02 +2.1%
Page 5 of 11  ·  214 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%
Industrials 0.0%