Karpus Management, Inc.
- SEC CIK
- 0001048703
- Latest filing
- Aug 14, 2026
Holdings in Q1 2025
Holdings as of Mar 31, 2025, filed May 14, 2025. Long positions only; changes compare share counts with Q4 2024.
- Positions
- 202
- −3 vs. Q4 2024
- Portfolio value
- $3.09B
- −$296.0M (−8.8%) vs. Q4 2024
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF922908363 | ETF | 461,800 | $237.3M | 7.7% | −5,268−1.1% | Reduced | – |
| NRKNuveen New York Amt-Free Quality Municipal Income Fund | COM | 17,942,460 | $184.8M | 6.0% | −1,310,546−6.8% | Reduced | History |
| MHDBlackRock Muniholdings Fund, Inc. | COM | 7,446,755 | $87.4M | 2.8% | −47,419−0.6% | Reduced | History |
| iShares Core S&P 500 ETF464287200 | ETF | 140,091 | $78.7M | 2.6% | −4,207−2.9% | Reduced | – |
| MVFBlackRock Munivest Fund, Inc. | COM | 10,331,144 | $72.4M | 2.3% | −968,104−8.6% | Reduced | History |
| Vanguard Morningstar Small-Cap ETF922908751 | ETF | 326,238 | $72.3M | 2.3% | −255−0.1% | Reduced | – |
| EIMEaton Vance Municipal Bond Fund | COM | 7,013,648 | $69.9M | 2.3% | −772,035−9.9% | Reduced | History |
| NEANuveen AMT-Free Quality Municipal Income Fund | COM | 6,131,607 | $68.7M | 2.2% | −4,616,826−43.0% | Reduced | History |
| WIAWestern Asset Inflation-Linked Income Fund | COM SH BEN INT | 7,805,355 | $65.1M | 2.1% | +62,285+0.8% | Added | History |
| BTTBlackRock Municipal 2030 Target Term Trust | COM SHS BEN IN | 3,012,742 | $64.0M | 2.1% | +199,462+7.1% | Added | History |
| AA Mission Acquisition Corp.G1000R101 | ORD SHS CL A | 6,043,528 | $63.0M | 2.0% | +43,075+0.7% | Added | – |
| Vanguard Ftse Emerging Markets ETF922042858 | ETF | 1,211,646 | $54.8M | 1.8% | −12,267−1.0% | Reduced | – |
| MUCBlackRock Muniholdings California Quality Fund, Inc. | CEF | 5,029,383 | $53.9M | 1.7% | +432,502+9.4% | Added | History |
| FINSAngel Oak Financial Strategies Income Term Trust | COM BEN INT | 3,542,306 | $47.8M | 1.5% | −229,145−6.1% | Reduced | History |
| NBXGNeuberger Next Generation Connectivity Fund Inc. | COMMON STOCK | 3,685,746 | $45.2M | 1.5% | −122,409−3.2% | Reduced | History |
| BFKBlackRock Municipal Income Trust | SH BEN INT | 4,408,579 | $43.6M | 1.4% | +64,979+1.5% | Added | History |
| QQQXNuveen NASDAQ 100 Dynamic Overwrite Fund | COM SHS | 1,815,285 | $43.1M | 1.4% | −27,539−1.5% | Reduced | History |
| GDVGabelli Dividend & Income Trust | COM | 1,772,709 | $42.8M | 1.4% | +29,154+1.7% | Added | History |
| BLEBlackRock Municipal Income Trust II | COM | 3,952,989 | $41.1M | 1.3% | +54,514+1.4% | Added | History |
| LEGTLegato Merger Corp. III | ORD SHS | 3,837,341 | $40.3M | 1.3% | +105,756+2.8% | Added | History |
| iShares Tr464287440 | 7-10 YR TRSY BD | 419,287 | $40.0M | 1.3% | +3,111+0.7% | Added | – |
| Vanguard Morningstar Total Stock Market ETF922908769 | ETF | 142,072 | $39.0M | 1.3% | −1,871−1.3% | Reduced | – |
| GPATGP-Act III Acquisition Corp. | CL A | 3,608,177 | $37.1M | 1.2% | −33,287−0.9% | Reduced | History |
| NADNuveen Quality Municipal Income Fund | COM | 3,188,063 | $36.7M | 1.2% | −2,690,935−45.8% | Reduced | History |
| SPDR Series Trust78468R739 | ST NUVE TERM ETF | 721,219 | $34.3M | 1.1% | +168,456+30.5% | Added | – |
| VGMInvesco Trust for Investment Grade Municipals | COM | 3,104,734 | $30.9M | 1.0% | −326,581−9.5% | Reduced | History |
| Vanguard Ftse All-World Ex-US Index Fund922042775 | ETF | 498,627 | $30.2M | 1.0% | +299,699+150.7% | Added | – |
| iShares Core MSCI Europe ETF46434V738 | ETF | 470,998 | $28.3M | 0.9% | +30,986+7.0% | Added | – |
| IBACIB Acquisition Corp. | COM SHS | 2,618,457 | $27.0M | 0.9% | −12,450−0.5% | Reduced | History |
| Vanguard Total Bond Market ETF921937835 | ETF | 364,581 | $26.8M | 0.9% | −152,160−29.4% | Reduced | – |
| RFAIRF Acquisition Corp II | SHS | 2,483,225 | $25.8M | 0.8% | −8,666−0.3% | Reduced | History |
| BGYBlackRock Enhanced International Dividend Trust | COM BENE INTER | 4,424,334 | $24.8M | 0.8% | −756,850−14.6% | Reduced | History |
| Vanguard Morningstar Growth ETF922908736 | ETF | 66,366 | $24.6M | 0.8% | +720+1.1% | Added | – |
| Vanguard Intl Equity Index F922042866 | FTSE PACIFIC ETF | 339,211 | $24.6M | 0.8% | +11,939+3.6% | Added | – |
| TAVITavia Acquisition Corp. | SHS | 2,342,800 | $23.5M | 0.8% | +1,427,800+156.0% | Added | History |
| DMAADrugs Made In America Acquisition Corp. | ORD SHS | 2,324,034 | $23.3M | 0.8% | +2,324,034 | New | History |
| KTFDWS Municipal Income Trust | COM | 2,373,160 | $22.3M | 0.7% | +148,282+6.7% | Added | History |
| ETGEaton Vance Tax-Advantaged Global Dividend Income Fund | COM | 1,216,913 | $22.2M | 0.7% | −65,705−5.1% | Reduced | History |
| SIMASIM Acquisition Corp. I | SHS CL A | 2,103,425 | $21.5M | 0.7% | +167,624+8.7% | Added | History |
| VKQInvesco Municipal Trust | COM | 2,219,715 | $21.4M | 0.7% | −305,677−12.1% | Reduced | History |
| MHNBlackRock Muniholdings New York Quality Fund, Inc. | COM | 2,062,999 | $20.9M | 0.7% | +511,138+32.9% | Added | History |
| BOEBlackRock Enhanced Global Dividend Trust | COM | 1,899,146 | $20.6M | 0.7% | −323,853−14.6% | Reduced | History |
| EXGEaton Vance Tax-Managed Global Diversified Equity Income Fund | COM | 2,485,763 | $20.2M | 0.7% | −225,964−8.3% | Reduced | History |
| MYNBlackRock Muniyield New York Quality Fund, Inc. | COM | 2,017,756 | $20.0M | 0.6% | +464,704+29.9% | Added | History |
| HDRNHadron Energy, Inc. | ORD SHS CL A | 1,890,424 | $19.1M | 0.6% | +126,400+7.2% | Added | History |
| Vanguard Intl Equity Index F922042874 | FTSE EUROPE ETF | 271,231 | $19.0M | 0.6% | −13,952−4.9% | Reduced | – |
| MINAberdeen Intermediate Income Fund | SH BEN INT | 7,049,977 | $19.0M | 0.6% | −1,171,084−14.2% | Reduced | History |
| State Street Financial Select Sector SPDR ETF81369Y605 | ETF | 374,200 | $18.6M | 0.6% | +171,125+84.3% | Added | – |
| NFJVirtus Dividend, Interest & Premium Strategy Fund | COM | 1,483,588 | $18.0M | 0.6% | −167,873−10.2% | Reduced | History |
| DMFBNY Mellon Municipal Income, Inc. | COM | 2,501,319 | $18.0M | 0.6% | +426,622+20.6% | Added | History |
| AODabrdn Total Dynamic Dividend Fund | COM SH BEN INT | 2,125,320 | $17.8M | 0.6% | −131,808−5.8% | Reduced | History |
| MACIMelar Acquisition Corp. I/Cayman | SHS CL A | 1,633,263 | $16.7M | 0.5% | +122,847+8.1% | Added | History |
| ALFCenturion Acquisition Corp. | SHS CL A | 1,607,039 | $16.5M | 0.5% | +38,954+2.5% | Added | History |
| ETOEaton Vance Tax-Advantaged Global Dividend Opportunities Fund | COM | 659,449 | $16.2M | 0.5% | −36,039−5.2% | Reduced | History |
| ASGLiberty All Star Growth Fund Inc. | COM | 3,287,465 | $16.1M | 0.5% | −85,722−2.5% | Reduced | History |
| CUBLionheart Holdings | SHS CL A | 1,524,050 | $15.7M | 0.5% | +31,800+2.1% | Added | History |
| NETDNabors Energy Transition Corp. II | CL A | 1,428,492 | $15.6M | 0.5% | −1,539,452−51.9% | Reduced | History |
| KVACFKeen Vision Acquisition Corp. | SHS | 1,332,985 | $15.0M | 0.5% | −35,500−2.6% | Reduced | History |
| EVTEaton Vance Tax-Advantaged Dividend Income Fund | COM | 635,312 | $14.8M | 0.5% | −26,462−4.0% | Reduced | History |
| LPAALaunch One Acquisition Corp. | SHS CLASS A | 1,409,675 | $14.4M | 0.5% | +121,025+9.4% | Added | History |
| CHARCharlton Aria Acquisition Corp | ORD SHS CL A | 1,423,492 | $14.3M | 0.5% | +1,264+0.1% | Added | History |
| ETWEaton Vance Tax-Managed Global Buy-Write Opportunities Fund | COM | 1,727,970 | $14.3M | 0.5% | −98,360−5.4% | Reduced | History |
| Vanguard Information Technology ETF92204A702 | ETF | 25,814 | $14.0M | 0.5% | −1,085−4.0% | Reduced | – |
| BMEZBlackRock Health Sciences Term Trust | COM SHS | 919,646 | $13.7M | 0.4% | −223,567−19.6% | Reduced | History |
| Agriculture & Nat Sol Acq CoG0131Y100 | SHS CL A | 1,266,493 | $13.5M | 0.4% | −28,088−2.2% | Reduced | – |
| DPGDuff & Phelps Utility & Infrastructure Fund Inc. | COM | 1,023,720 | $12.5M | 0.4% | −49,531−4.6% | Reduced | History |
| IGDVoya GLOBAL EQUITY DIVIDEND & PREMIUM OPPORTUNITY FUND | COM | 2,154,853 | $12.4M | 0.4% | −114,317−5.0% | Reduced | History |
| SPKLSpark I Acquisition Corp | ORD SHS | 1,138,800 | $12.2M | 0.4% | −15,575−1.3% | Reduced | History |
| BSTZBlackRock Science & Technology Term Trust | SHS BEN INT | 683,781 | $12.1M | 0.4% | −234,008−25.5% | Reduced | History |
| AFJKAimei Health Technology Co., Ltd. | SHS | 1,079,107 | $11.9M | 0.4% | −18,445−1.7% | Reduced | History |
| KFIIK&F Growth Acquisition Corp. II | SHS CL A | 1,179,650 | $11.7M | 0.4% | +1,179,650 | New | History |
| VMOInvesco Municipal Opportunity Trust | COM | 1,188,432 | $11.3M | 0.4% | −11,700−1.0% | Reduced | History |
| iShares Tr464287622 | RUS 1000 ETF | 36,450 | $11.2M | 0.4% | +36,450 | New | – |
| HNWPioneer Diversified High Income Fund, Inc. | COM | 934,903 | $11.2M | 0.4% | −73,563−7.3% | Reduced | History |
| BKHABlack Hawk Acquisition Corp | USD CL A SHS | 1,058,929 | $11.2M | 0.4% | −16,100−1.5% | Reduced | History |
| Global Lights Acquisition CoG3937F101 | ORD SHS | 1,006,135 | $10.9M | 0.4% | −12,675−1.2% | Reduced | – |
| RENEFCartesian Growth Corp II | CLASS A ORD | 914,894 | $10.9M | 0.4% | −40,465−4.2% | Reduced | History |
| AI Transn Acquisition CorpG01490112 | ORD SHS | 952,824 | $10.5M | 0.3% | −34,550−3.5% | Reduced | – |
| J P Morgan Exchange Traded F46641Q217 | BETABULDRS JAPAN | 186,185 | $10.5M | 0.3% | −7,184−3.7% | Reduced | – |
| MEGINYLI CBRE Global Infrastructure Megatrends Term Fund | COM | 782,006 | $10.4M | 0.3% | −19,305−2.4% | Reduced | History |
| ECATBlackRock ESG Capital Allocation Term Trust | SHS BEN INT | 645,959 | $10.2M | 0.3% | −206,618−24.2% | Reduced | History |
| BSTBlackRock Science & Technology Trust | SHS | 300,768 | $9.92M | 0.3% | +41,345+15.9% | Added | History |
| BTXBlackRock Technology & Private Equity Term Trust | SHS BEN INT | 1,487,902 | $9.31M | 0.3% | −27,854−1.8% | Reduced | History |
| Mountain Lake Acquisition Corp.G6301B101 | SHS CL A | 919,800 | $9.24M | 0.3% | +919,800 | New | – |
| HYACHaymaker Acquisition Corp V | CLASS A | 838,525 | $9.22M | 0.3% | −377,575−31.0% | Reduced | History |
| PGACPantages Capital Acquisition Corp | ORD SHS CL A | 902,825 | $9.05M | 0.3% | +902,825 | New | History |
| FSHPFlag Ship Acquisition Corp | ORD SHS | 869,121 | $8.98M | 0.3% | −31,100−3.5% | Reduced | History |
| TDFTempleton Dragon Fund Inc | COM | 916,056 | $8.89M | 0.3% | −17,381−1.9% | Reduced | History |
| YHNAYHN Acquisition I Ltd | SHS | 864,522 | $8.82M | 0.3% | −1,175−0.1% | Reduced | History |
| STEWSRH Total Return Fund, Inc. | COM | 509,215 | $8.78M | 0.3% | +64,971+14.6% | Added | History |
| CHWCalamos Global Dynamic Income Fund | COM | 1,346,031 | $8.60M | 0.3% | +340,570+33.9% | Added | History |
| IPEXInflection Point Acquisition Corp. V | ORD SHS CL A | 854,761 | $8.48M | 0.3% | +854,761 | New | History |
| JOFJapan Smaller Capitalization Fund Inc | COM | 994,595 | $8.34M | 0.3% | −47,463−4.6% | Reduced | History |
| KIOKKR Income Opportunities Fund | COM | 676,301 | $8.31M | 0.3% | +676,301 | New | History |
| Chenghe Acquisition II CoG20873108 | CL A ORD SHS | 793,767 | $8.14M | 0.3% | −35,500−4.3% | Reduced | – |
| iShares Tr464287861 | EUROPE ETF | 139,266 | $8.11M | 0.3% | −15,503−10.0% | Reduced | – |
| CAFMorgan Stanley China A Share Fund, Inc. | COM | 617,811 | $8.08M | 0.3% | −6,041−1.0% | Reduced | History |
| RDACRising Dragon Acquisition Corp. | SHS | 775,400 | $7.90M | 0.3% | +454,625+141.7% | Added | History |
| Vanguard BD Index FDS921937793 | LONG TERM BOND | 111,580 | $7.86M | 0.3% | −24,294−17.9% | Reduced | – |
| AFBAlliancebernstein National Municipal Income Fund | COM | 718,077 | $7.80M | 0.3% | +543,701+311.8% | Added | History |
Sold out since Q4 2024 (26)
Positions held at the end of Q4 2024 that are gone from this filing.
| Security | Class | Shares in Q4 2024 | Value in Q4 2024 | % of portfolio in Q4 2024 | History |
|---|---|---|---|---|---|
| MUIBlackRock Municipal Credit Alpha Portfolio, Inc. | COM | 10,563,515 | $128.0M | 3.8% | History |
| Kodiak AI, Inc.G33033104 | SHS CLASS A | 2,948,054 | $32.4M | 1.0% | – |
| INSIInsight Select Income Fund | COM | 909,044 | $15.8M | 0.5% | History |
| IMSRTerrestrial Energy Inc. | SHS CL A | 1,293,947 | $13.0M | 0.4% | History |
| NUWNuveen AMT-Free Municipal Value Fund | COM | 447,885 | $6.08M | 0.2% | History |
| TLGYTlgy Acquisition Corp | CLASS A ORD SHS | 415,400 | $4.84M | 0.1% | History |
| DT Cloud Acquisition CorpG28524117 | ORD SHS | 407,253 | $4.25M | 0.1% | – |
| CLMCornerstone Strategic Investment Fund, Inc. | COM | 491,832 | $4.22M | 0.1% | History |
| ETYEaton Vance Tax-Managed Diversified Equity Income Fund | COM | 219,659 | $3.28M | 0.1% | History |
| RVTRoyce Small-Cap Trust, Inc. | COM | 196,137 | $3.10M | 0.1% | History |
| NPFDNuveen Variable Rate Preferred & Income Fund | COM | 166,988 | $3.04M | 0.1% | History |
| DUETDUET Acquisition Corp. | CLASS A COM | 252,976 | $2.97M | 0.1% | History |
| RQICohen & Steers Quality Income Realty Fund Inc | CEF | 242,112 | $2.96M | 0.1% | History |
| Golden Star Acquisition CorpG4023C101 | USD ORD SHS | 245,141 | $2.76M | 0.1% | – |
| Aimfinity Investment Corp. IG0135E142 | UNIT 04/21/2027 | 202,106 | $2.38M | 0.1% | – |
| EOSEaton Vance Enhanced Equity Income Fund II | COM | 93,419 | $2.24M | 0.1% | History |
| LATGChenghe Acquisition I Co. | CLASS A ORD SHS | 130,900 | $1.53M | <0.1% | History |
| PHYTPyrophyte Acquisition Corp. | CL A ORD SHS | 115,716 | $1.32M | <0.1% | History |
| HSPOFHorizon Space Acquisition I Corp. | ORDINARY SHARES | 100,000 | $1.13M | <0.1% | History |
| FNVTFinnovate Acquisition Corp. | CLASS A ORD SHS | 92,925 | $1.08M | <0.1% | History |
| TETEFTechnology & Telecommunication Acquisition Corp | CLASS A ORD SHS | 84,725 | $1.03M | <0.1% | History |
| IXAQFIX Acquisition Corp. | CLASS A ORD SHS | 75,900 | $877.4K | <0.1% | History |
| ISRLFIsrael Acquisitions Corp | CLASS A ORD | 76,846 | $869.9K | <0.1% | History |
| WELIntegrated Wellness Acquisition Corp | ORD SHS CL A | 65,225 | $782.7K | <0.1% | History |
| iShares Tr46434V860 | TRS FLT RT BD | 9,000 | $454.2K | <0.1% | – |
| PEOAdams Natural Resources Fund, Inc. | COM | 9,223 | $200.5K | <0.1% | History |