Karpus Management, Inc.
- SEC CIK
- 0001048703
- Latest filing
- Aug 14, 2026
Holdings in Q2 2025
Holdings as of Jun 30, 2025, filed Aug 14, 2025. Long positions only; changes compare share counts with Q1 2025.
- Positions
- 199
- −3 vs. Q1 2025
- Portfolio value
- $3.10B
- +$15.6M (+0.5%) vs. Q1 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF922908363 | ETF | 457,002 | $259.6M | 8.4% | −4,798−1.0% | Reduced | – |
| NRKNuveen New York Amt-Free Quality Municipal Income Fund | COM | 14,487,996 | $143.6M | 4.6% | −3,454,464−19.3% | Reduced | History |
| MHDBlackRock Muniholdings Fund, Inc. | COM | 7,184,055 | $80.5M | 2.6% | −262,700−3.5% | Reduced | History |
| iShares Core S&P 500 ETF464287200 | ETF | 127,960 | $79.5M | 2.6% | −12,131−8.7% | Reduced | – |
| BTTBlackRock Municipal 2030 Target Term Trust | COM SHS BEN IN | 3,587,879 | $78.5M | 2.5% | +575,137+19.1% | Added | History |
| Vanguard Morningstar Small-Cap ETF922908751 | ETF | 324,978 | $77.0M | 2.5% | −1,260−0.4% | Reduced | – |
| FINSAngel Oak Financial Strategies Income Term Trust | COM BEN INT | 5,531,335 | $71.8M | 2.3% | +1,989,029+56.2% | Added | History |
| EIMEaton Vance Municipal Bond Fund | COM | 7,294,955 | $70.5M | 2.3% | +281,307+4.0% | Added | History |
| WIAWestern Asset Inflation-Linked Income Fund | COM SH BEN INT | 8,077,278 | $67.8M | 2.2% | +271,923+3.5% | Added | History |
| Vanguard BD Index FDS921937793 | LONG TERM BOND | 931,254 | $64.8M | 2.1% | +819,674+734.6% | Added | – |
| AA Mission Acquisition Corp.G1000R101 | ORD SHS CL A | 6,002,484 | $62.5M | 2.0% | −41,044−0.7% | Reduced | – |
| Vanguard Ftse Emerging Markets ETF922042858 | ETF | 1,223,172 | $60.5M | 2.0% | +11,526+1.0% | Added | – |
| MVFBlackRock Munivest Fund, Inc. | COM | 9,074,236 | $59.7M | 1.9% | −1,256,908−12.2% | Reduced | History |
| NBXGNeuberger Next Generation Connectivity Fund Inc. | COMMON STOCK | 3,627,001 | $53.0M | 1.7% | −58,745−1.6% | Reduced | History |
| MUCBlackRock Muniholdings California Quality Fund, Inc. | CEF | 4,659,226 | $48.2M | 1.6% | −370,157−7.4% | Reduced | History |
| QQQXNuveen NASDAQ 100 Dynamic Overwrite Fund | COM SHS | 1,803,255 | $47.7M | 1.5% | −12,030−0.7% | Reduced | History |
| GDVGabelli Dividend & Income Trust | COM | 1,788,008 | $46.5M | 1.5% | +15,299+0.9% | Added | History |
| SPDR Series Trust78468R739 | ST NUVE TERM ETF | 918,500 | $43.9M | 1.4% | +197,281+27.4% | Added | – |
| BFKBlackRock Municipal Income Trust | SH BEN INT | 4,504,536 | $43.2M | 1.4% | +95,957+2.2% | Added | History |
| BLEBlackRock Municipal Income Trust II | COM | 4,287,798 | $43.0M | 1.4% | +334,809+8.5% | Added | History |
| Vanguard Ftse All-World Ex-US Index Fund922042775 | ETF | 639,394 | $43.0M | 1.4% | +140,767+28.2% | Added | – |
| Vanguard Morningstar Total Stock Market ETF922908769 | ETF | 137,997 | $41.9M | 1.4% | −4,075−2.9% | Reduced | – |
| LEGTLegato Merger Corp. III | ORD SHS | 3,495,104 | $37.3M | 1.2% | −342,237−8.9% | Reduced | History |
| iShares Core MSCI Europe ETF46434V738 | ETF | 475,630 | $31.5M | 1.0% | +4,632+1.0% | Added | – |
| iShares Tr464287440 | 7-10 YR TRSY BD | 313,969 | $30.1M | 1.0% | −105,318−25.1% | Reduced | – |
| Vanguard Morningstar Growth ETF922908736 | ETF | 67,753 | $29.7M | 1.0% | +1,387+2.1% | Added | – |
| iShares Tr464287622 | RUS 1000 ETF | 85,468 | $29.0M | 0.9% | +49,018+134.5% | Added | – |
| Vanguard Intl Equity Index F922042866 | FTSE PACIFIC ETF | 348,892 | $28.7M | 0.9% | +9,681+2.9% | Added | – |
| DMAADrugs Made In America Acquisition Corp. | ORD SHS | 2,744,109 | $28.0M | 0.9% | +420,075+18.1% | Added | History |
| KTFDWS Municipal Income Trust | COM | 3,057,936 | $27.0M | 0.9% | +684,776+28.9% | Added | History |
| IBACIB Acquisition Corp. | COM SHS | 2,587,032 | $27.0M | 0.9% | −31,425−1.2% | Reduced | History |
| Vanguard Total Bond Market ETF921937835 | ETF | 352,611 | $26.0M | 0.8% | −11,970−3.3% | Reduced | – |
| RFAIRF Acquisition Corp II | SHS | 2,421,042 | $25.5M | 0.8% | −62,183−2.5% | Reduced | History |
| GPATGP-Act III Acquisition Corp. | CL A | 2,339,016 | $24.7M | 0.8% | −1,269,161−35.2% | Reduced | History |
| TAVITavia Acquisition Corp. | SHS | 2,314,827 | $23.7M | 0.8% | −27,973−1.2% | Reduced | History |
| Vanguard Wellington FD921935870 | SHORT TRM TAX EX | 232,100 | $23.4M | 0.8% | +212,050+1,057.6% | Added | – |
| QSEAQuartzsea Acquisition Corp | ORD SHS | 2,300,475 | $23.1M | 0.7% | +2,300,475 | New | History |
| Vanguard Intl Equity Index F922042874 | FTSE EUROPE ETF | 273,082 | $21.2M | 0.7% | +1,851+0.7% | Added | – |
| State Street Financial Select Sector SPDR ETF81369Y605 | ETF | 398,598 | $20.9M | 0.7% | +24,398+6.5% | Added | – |
| BGYBlackRock Enhanced International Dividend Trust | COM BENE INTER | 3,498,542 | $20.3M | 0.7% | −925,792−20.9% | Reduced | History |
| MHNBlackRock Muniholdings New York Quality Fund, Inc. | COM | 2,050,570 | $20.1M | 0.6% | −12,429−0.6% | Reduced | History |
| VKQInvesco Municipal Trust | COM | 2,185,216 | $20.0M | 0.6% | −34,499−1.6% | Reduced | History |
| SIMASIM Acquisition Corp. I | SHS CL A | 1,917,889 | $20.0M | 0.6% | −185,536−8.8% | Reduced | History |
| BHKBlackRock Core Bond Trust | SHS BEN INT | 1,986,275 | $19.3M | 0.6% | +1,986,275 | New | History |
| MYNBlackRock Muniyield New York Quality Fund, Inc. | COM | 1,997,155 | $19.0M | 0.6% | −20,601−1.0% | Reduced | History |
| Crane HBR Acquisition CorpG24979109 | CL A | 1,815,750 | $18.3M | 0.6% | +1,815,750 | New | – |
| HDRNHadron Energy, Inc. | ORD SHS CL A | 1,742,124 | $18.1M | 0.6% | −148,300−7.8% | Reduced | History |
| ASGLiberty All Star Growth Fund Inc. | COM | 3,285,168 | $18.0M | 0.6% | −2,297−0.1% | Reduced | History |
| NFJVirtus Dividend, Interest & Premium Strategy Fund | COM | 1,437,371 | $17.8M | 0.6% | −46,217−3.1% | Reduced | History |
| BOEBlackRock Enhanced Global Dividend Trust | COM | 1,565,313 | $17.8M | 0.6% | −333,833−17.6% | Reduced | History |
| AODabrdn Total Dynamic Dividend Fund | COM SH BEN INT | 1,997,264 | $17.7M | 0.6% | −128,056−6.0% | Reduced | History |
| ETOEaton Vance Tax-Advantaged Global Dividend Opportunities Fund | COM | 644,155 | $17.5M | 0.6% | −15,294−2.3% | Reduced | History |
| VGMInvesco Trust for Investment Grade Municipals | COM | 1,822,741 | $17.3M | 0.6% | −1,281,993−41.3% | Reduced | History |
| Vanguard Information Technology ETF92204A702 | ETF | 25,630 | $17.0M | 0.5% | −184−0.7% | Reduced | – |
| EXGEaton Vance Tax-Managed Global Diversified Equity Income Fund | COM | 1,858,987 | $16.3M | 0.5% | −626,776−25.2% | Reduced | History |
| ETGEaton Vance Tax-Advantaged Global Dividend Income Fund | COM | 774,459 | $16.2M | 0.5% | −442,454−36.4% | Reduced | History |
| CHARCharlton Aria Acquisition Corp | ORD SHS CL A | 1,570,317 | $16.1M | 0.5% | +146,825+10.3% | Added | History |
| Agriculture & Nat Sol Acq CoG0131Y100 | SHS CL A | 1,417,468 | $15.4M | 0.5% | +150,975+11.9% | Added | – |
| TVATexas Ventures Acquisition III Corp | COM | 1,519,975 | $15.3M | 0.5% | +1,519,975 | New | History |
| EVTEaton Vance Tax-Advantaged Dividend Income Fund | COM | 629,393 | $15.2M | 0.5% | −5,919−0.9% | Reduced | History |
| KVACFKeen Vision Acquisition Corp. | SHS | 1,305,735 | $14.8M | 0.5% | −27,250−2.0% | Reduced | History |
| ETWEaton Vance Tax-Managed Global Buy-Write Opportunities Fund | COM | 1,695,491 | $14.7M | 0.5% | −32,479−1.9% | Reduced | History |
| MINAberdeen Intermediate Income Fund | SH BEN INT | 5,108,866 | $13.8M | 0.4% | −1,941,111−27.5% | Reduced | History |
| MACIMelar Acquisition Corp. I/Cayman | SHS CL A | 1,272,538 | $13.4M | 0.4% | −360,725−22.1% | Reduced | History |
| LPAALaunch One Acquisition Corp. | SHS CLASS A | 1,215,225 | $12.7M | 0.4% | −194,450−13.8% | Reduced | History |
| J P Morgan Exchange Traded F46641Q217 | BETABULDRS JAPAN | 202,251 | $12.5M | 0.4% | +16,066+8.6% | Added | – |
| BSTBlackRock Science & Technology Trust | SHS | 322,983 | $12.3M | 0.4% | +22,215+7.4% | Added | History |
| KFIIK&F Growth Acquisition Corp. II | SHS CL A | 1,185,425 | $12.1M | 0.4% | +5,775+0.5% | Added | History |
| DPGDuff & Phelps Utility & Infrastructure Fund Inc. | COM | 970,597 | $12.0M | 0.4% | −53,123−5.2% | Reduced | History |
| CHWCalamos Global Dynamic Income Fund | COM | 1,656,186 | $11.8M | 0.4% | +310,155+23.0% | Added | History |
| AFBAlliancebernstein National Municipal Income Fund | COM | 1,144,987 | $11.8M | 0.4% | +426,910+59.5% | Added | History |
| CUBLionheart Holdings | SHS CL A | 1,119,475 | $11.8M | 0.4% | −404,575−26.5% | Reduced | History |
| AFJKAimei Health Technology Co., Ltd. | SHS | 1,061,419 | $11.7M | 0.4% | −17,688−1.6% | Reduced | History |
| HNWPioneer Diversified High Income Fund, Inc. | COM | 920,566 | $11.5M | 0.4% | −14,337−1.5% | Reduced | History |
| RENEFCartesian Growth Corp II | CLASS A ORD | 901,719 | $10.8M | 0.3% | −13,175−1.4% | Reduced | History |
| BKHABlack Hawk Acquisition Corp | USD CL A SHS | 1,014,329 | $10.8M | 0.3% | −44,600−4.2% | Reduced | History |
| PGACPantages Capital Acquisition Corp | ORD SHS CL A | 1,032,600 | $10.5M | 0.3% | +129,775+14.4% | Added | History |
| BTXBlackRock Technology & Private Equity Term Trust | SHS BEN INT | 1,423,101 | $10.4M | 0.3% | −64,801−4.4% | Reduced | History |
| IGDVoya GLOBAL EQUITY DIVIDEND & PREMIUM OPPORTUNITY FUND | COM | 1,798,212 | $10.4M | 0.3% | −356,641−16.6% | Reduced | History |
| AI Transn Acquisition CorpG01490112 | ORD SHS | 947,799 | $10.4M | 0.3% | −5,025−0.5% | Reduced | – |
| IPEXInflection Point Acquisition Corp. V | ORD SHS CL A | 1,030,286 | $10.4M | 0.3% | +175,525+20.5% | Added | History |
| MEGINYLI CBRE Global Infrastructure Megatrends Term Fund | COM | 689,551 | $9.80M | 0.3% | −92,455−11.8% | Reduced | History |
| iShares Inc464286509 | MSCI CDA ETF | 199,599 | $9.22M | 0.3% | +49,441+32.9% | Added | – |
| BSTZBlackRock Science & Technology Term Trust | SHS BEN INT | 439,459 | $9.12M | 0.3% | −244,322−35.7% | Reduced | History |
| TDFTempleton Dragon Fund Inc | COM | 903,273 | $9.02M | 0.3% | −12,783−1.4% | Reduced | History |
| Pacer FDS Tr69374H709 | GLOBL CASH ETF | 236,522 | $8.98M | 0.3% | +236,522 | New | – |
| YHNAYHN Acquisition I Ltd | SHS | 842,051 | $8.70M | 0.3% | −22,471−2.6% | Reduced | History |
| CAFMorgan Stanley China A Share Fund, Inc. | COM | 619,887 | $8.54M | 0.3% | +2,076+0.3% | Added | History |
| FSHPFlag Ship Acquisition Corp | ORD SHS | 787,825 | $8.19M | 0.3% | −81,296−9.4% | Reduced | History |
| iShares Inc464286608 | MSCI EURZONE ETF | 137,460 | $8.17M | 0.3% | +137,460 | New | – |
| JOFJapan Smaller Capitalization Fund Inc | COM | 827,658 | $7.98M | 0.3% | −166,937−16.8% | Reduced | History |
| NOEMCO2 Energy Transition Corp. | COM | 783,521 | $7.89M | 0.3% | +62,275+8.6% | Added | History |
| COPLCopley Acquisition Corp | ORD SHS CL A | 781,989 | $7.87M | 0.3% | +781,989 | New | History |
| RDACRising Dragon Acquisition Corp. | SHS | 756,325 | $7.79M | 0.3% | −19,075−2.5% | Reduced | History |
| iShares Tr464287861 | EUROPE ETF | 120,344 | $7.61M | 0.2% | −18,922−13.6% | Reduced | – |
| Voyager Acquisition CorpG93A7H104 | CL A | 717,325 | $7.45M | 0.2% | −22,000−3.0% | Reduced | – |
| HYACHaymaker Acquisition Corp V | CLASS A | 671,025 | $7.45M | 0.2% | −167,500−20.0% | Reduced | History |
| Mountain Lake Acquisition Corp.G6301B101 | SHS CL A | 724,320 | $7.43M | 0.2% | −195,480−21.3% | Reduced | – |
| VMOInvesco Municipal Opportunity Trust | COM | 807,808 | $7.42M | 0.2% | −380,624−32.0% | Reduced | History |
| KIOKKR Income Opportunities Fund | COM | 571,401 | $7.18M | 0.2% | −104,900−15.5% | Reduced | History |
Sold out since Q1 2025 (27)
Positions held at the end of Q1 2025 that are gone from this filing.
| Security | Class | Shares in Q1 2025 | Value in Q1 2025 | % of portfolio in Q1 2025 | History |
|---|---|---|---|---|---|
| DMFBNY Mellon Municipal Income, Inc. | COM | 2,501,319 | $18.0M | 0.6% | History |
| ALFCenturion Acquisition Corp. | SHS CL A | 1,607,039 | $16.5M | 0.5% | History |
| BMEZBlackRock Health Sciences Term Trust | COM SHS | 919,646 | $13.7M | 0.4% | History |
| SPKLSpark I Acquisition Corp | ORD SHS | 1,138,800 | $12.2M | 0.4% | History |
| Global Lights Acquisition CoG3937F101 | ORD SHS | 1,006,135 | $10.9M | 0.4% | – |
| ECATBlackRock ESG Capital Allocation Term Trust | SHS BEN INT | 645,959 | $10.2M | 0.3% | History |
| GSR III Acquisition Corp.G4R103107 | CL A | 716,696 | $7.17M | 0.2% | – |
| NACNuveen California Quality Municipal Income Fund | COM | 591,389 | $6.65M | 0.2% | History |
| VLOSVelos Acquisition I Corp. | CL A | 607,597 | $6.20M | 0.2% | History |
| GDSTChi Special Acquisition Corp. | COM | 438,691 | $4.99M | 0.2% | History |
| PPTFranklin Premier Income Trust | SH BEN INT | 852,316 | $3.08M | 0.1% | History |
| TBMCTrailblazer Merger Corp I | CL A | 237,890 | $2.68M | 0.1% | History |
| BSIIBlack Spade Acquisition II Co | CL A | 231,235 | $2.35M | 0.1% | History |
| Consilium Acquisitn Corp I LG2365L101 | CLASS A ORD SHS | 185,050 | $2.16M | 0.1% | – |
| Aquaron Acquisition Corp.03842W105 | COMMON STOCK | 163,746 | $1.88M | 0.1% | – |
| BAYABayview Acquisition Corp | ORD SHS | 128,125 | $1.40M | <0.1% | History |
| JEQAbrdn Japan Equity Fund, Inc. | COM | 180,685 | $1.17M | <0.1% | History |
| ASGIabrdn Global Infrastructure Income Fund | COM SHS BEN INT | 38,540 | $708.8K | <0.1% | History |
| IGAVoya Global Advantage & Premium Opportunity Fund | COM | 68,957 | $677.2K | <0.1% | History |
| Churchill Capital Corp IX/CaymanG21301109 | CL A SHS | 60,000 | $647.4K | <0.1% | – |
| AGDabrdn Global Dynamic Dividend Fund | COM | 64,029 | $637.7K | <0.1% | History |
| Evergreen CorpG3312W109 | CLASS A ORD SHS | 42,100 | $509.4K | <0.1% | – |
| IDEVoya Infrastructure, Industrials & Materials Fund | COM | 47,006 | $497.3K | <0.1% | History |
| VMCAFValuence Merger Corp. I | CLASS A ORD SHS | 23,750 | $279.1K | <0.1% | History |
| ABBVAbbVie Inc. | Stock | 1,050 | $220.0K | <0.1% | History |
| AMGNAmgen Inc | Stock | 680 | $211.9K | <0.1% | History |
| Jvspac Acquisition CorpG5212E105 | SHS CL A | 13,200 | $140.8K | <0.1% | – |