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Portfolio (Quarterly) Guide ↗

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 8 of 11  ·  204 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 RANGE CAPITAL ACQ CRP; TNT ACQ DT: 6/20/2026; CASH: $10.05 284,560.0 $2.9M 0.09% NEW $10.31
142 SIDDHI ACQ CRP; TNT ACQ DT: 4/1/2027; CASH: $10.05 270,650.0 $2.7M 0.09% NEW $10.15
143 LAUNCH TWO ACQ CRP; TNT ACQ DT: 01/7/2026; CASH: $10.05 255,750.0 $2.7M 0.09% NEW $10.45
144 PMO PUTNAM MUNI OPPORTUNITIES Financial Services 256,492.0 $2.6M 0.08% NEW $10.33 +0.7%
145 ANDRETTI ACQ CRP II; TNT ACQ DT: 9/6/2026; CASH: $10.05 243,950.0 $2.6M 0.08% NEW $10.46
146 KIO KKR INCOME OPPORTUNITIES FUND Financial Services 201,920.0 $2.5M 0.08% NEW $12.60 -11.3%
147 BME BLACKROCK HEALTH SCIENCES Financial Services 68,319.0 $2.5M 0.08% NEW $37.23 +3.9%
148 NABORS ENERGY ACQ CRP II; TNT ACQ DT: 7/14/2024; CASH: $10.15 220,128.0 $2.5M 0.08% NEW $11.21
149 RIBBON ACQ CRP; TNT ACQ DT: 1/15/2026; CASH: $10.00 225,287.0 $2.3M 0.07% NEW $10.24
150 BLACKROCK MUNIYIELD FUND, INC. 209,271.0 $2.2M 0.07% NEW $10.56
151 COHEN CIRCLE ACQ CRP UNIT II; TNT ACQ DT: 7/1/2027; CASH: $10.00 210,075.0 $2.2M 0.07% NEW $10.28
152 Eaton Vance Tax-Managed Buy-Write Opportunities Fund 149,526.0 $2.1M 0.07% NEW $14.25
153 GRAF INDUSTRIAL ACQ CORP; TNT ACQ DT: 9/7/2020; CASH $10.00 199,275.0 $2.1M 0.07% NEW $10.54
154 COLA COLUMBUS ACQ CRP; TNT ACQ DT: 1/22/2026; CASH: $10.00 Financial Services 201,437.0 $2.1M 0.07% NEW $10.23 +8.6%
155 JHS JOHN HANCOCK INCOME SECURITIES TRUST Financial Services 165,265.0 $1.9M 0.06% NEW $11.68 -5.7%
156 VTEB VANGUARD TAX-EXEMPT BOND ETF 38,422.0 $1.9M 0.06% NEW $50.07 -0.5%
157 SIZZLE ACQ CRP II; TNT ACQ DT: 4/2/2027; CASH: $10.00 179,733.0 $1.8M 0.06% NEW $10.08
158 MUJ BlackRock MuniHoldings New Jersey Quality Fund Financial Services 153,772.0 $1.8M 0.06% NEW $11.59 +4.8%
159 RENATUS TACTICAL ACQ CRP UNIT; TNT ACQ DT: 5/15/2027; CASH: $10.025 152,794.0 $1.7M 0.06% NEW $11.44
160 SPY SPDR S&P 500 ETF TR TR UNIT Financial Services 2,530.0 $1.7M 0.05% NEW $666.18 +10.9%
Page 8 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%