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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 9 of 11  ·  204 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
161 PIONEER ACQ CRP; TNT ACQ DT: 6/18/2027; CASH: $10.00 160,000.0 $1.6M 0.05% NEW $9.94
162 GLOBA TERRA ACQ CRP; TNT ACQ DT: 10/08/2026; CASH: $10.00 153,577.0 $1.5M 0.05% NEW $9.98
163 BTC DEVELOPMENT ACQ CRP UNIT; TNT ACQ DT: 4/16/2027; CASH: $10.05 150,000.0 $1.5M 0.05% NEW $10.10
164 GESHER ACQ CRP; TNT ACQ DT: 12/21/2026; CASH: $10.03 149,000.0 $1.5M 0.05% NEW $10.15
165 IPOD DUNE ACQ CRP; TNT ACQ DT: 8/7/2026; CASH:$10.02 Financial Services 146,000.0 $1.5M 0.05% NEW $10.11 +2.6%
166 BLACKROCK MINVESTMENT QALITY MUNICIPAL TRUST 123,531.0 $1.4M 0.04% NEW $11.34
167 BLEICHROEDER STREET ACQ CRP; TNT ACQ DT: 10/31/2026; CASH: $10.00 122,880.0 $1.3M 0.04% NEW $10.40
168 SWZ SWISS HELVETIA FD INC COM Financial Services 206,753.0 $1.3M 0.04% NEW $6.08 -2.2%
169 CHAMPIONSGATE ACQ CRP; TNT ACQ DT: 11/27/2026; CASH: $10.05 119,680.0 $1.2M 0.04% NEW $10.04
170 KCHV KOCHAV DEFENSE ACQ CRP; TNT ACQ DT: 11/28/2026; CASH: $10.00 Financial Services 114,987.0 $1.2M 0.04% NEW $10.03 +2.8%
171 NHIC NEWHOLD INVESTMENT ACQ CRP III; TNT ACQ DT: 2/28/2027; CASH: $10.05 Financial Services 107,600.0 $1.1M 0.04% NEW $10.18 +3.7%
172 BLACKROCK MUNICIPAL INCOME QUALITY TRUST 99,391.0 $1.1M 0.03% NEW $10.95
173 AEF ABERDEEN EMERGING MARKETS EQUITY INCOME FUND INC Financial Services 161,906.0 $1.0M 0.03% NEW $6.48 +41.4%
174 INDIGO ACQ CRP; TNT ACQ DT: 03/30/2027; CASH: $10.00 105,050.0 $1.0M 0.03% NEW $9.97
175 CII BLACKROCK ENH CAP & INC FD INC COM Financial Services 43,410.0 $998K 0.03% NEW $23.00 +7.3%
176 ORCL ORACLE CORP COM Technology 3,550.0 $998K 0.03% NEW $281.24 -30.4%
177 BLUE WATER ACQ CRP III; TNT ACQ DT: 06/10/2027; CASH: $10.00 98,170.0 $978K 0.03% NEW $9.96
178 ROMAN DBDR ACQ CRP II; TNT ACQ DT: 12/17/2026; CASH: $10.05 87,875.0 $907K 0.03% NEW $10.32
179 VINE HILL CAPITAL ACQ CRP; TNT ACQ DT: 6/26/2026; CASH: $10.05 84,665.0 $907K 0.03% NEW $10.71
180 MSFT MICROSOFT CORP COM Technology 1,700.0 $881K 0.03% NEW $517.95 -21.0%
Page 9 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%