KARPUS MANAGEMENT, INC. Information

183 SULLYS TRAIL, PITTSFORD, New York, 14534, (585) 586-4680

Report Date: 06/30/2014

Position Statistics

Total Positions 200
New Positions 10
Increased Positions 89
Decreased Positions 89
Positions with Activity 178
Sold Out Positions 21
Total Mkt Value (in $ millions) 2,080

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0.02%
Capital Goods 0.4%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 0.02%
Energy 0.08%
Financial 96.39%
Healthcare
Services 0.04%
Technology 0.03%
Transportation
Utilities 0.01%

200 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
VANGUARD INDEX FDS S&P 500 ETF SHS 241,470 13,149 5.76 1,323,995
SPDR S&P 500 ETF TR TR UNIT 107,486 -21,898 (16.93) 540,349
ALLIANCEBERNSTEIN INCOME FUND COM 96,059 16,698 21.04 12,756,896
VANGUARD INTL EQUITY INDEX FD FTSE EUROPE ETF 69,894 21,180 43.48 1,221,709
NUVEEN DIVID ADV MUN FD 3 COM SH BEN INT 55,265 13,321 31.76 3,953,164
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 52,193 -1,089 (2.05) 1,256,148
GENERAL AMERN INVS INC COM 47,561 8,176 20.76 1,255,238
BLACKROCK ENHANCED EQT DIV TR COM 41,284 -115 (0.28) 4,985,982
VANGUARD INDEX FDS SMALL CP ETF 40,766 1,054 2.65 352,893
NUVEEN DIVID ADVANTAGE MUN INC COM 39,904 3,420 9.37 2,761,554
VANGUARD INTL EQUITY INDEX FD FTSE PACIFIC ETF 36,268 4,222 13.17 574,491
TRI CONTL CORP COM 36,063 2,214 6.54 1,692,285
ADAMS EXPRESS CO COM 35,690 594 1.69 2,543,859
ZWEIG TOTAL RETURN FD INC COM NEW 34,565 871 2.59 2,434,137
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF 33,770 7,218 27.19 746,618
WESTERN ASSET CLYM INFL OPP IN COM 31,874 4,134 14.90 2,647,334
INVESCO MUN TR COM 30,308 3,168 11.67 2,440,222
BLACKROCK INCOME TR INC COM 29,993 9,068 43.33 4,657,315
VANGUARD INDEX FDS MID CAP ETF 29,961 -186 (0.62) 250,068
NUVEEN QUALITY INCOME MUN FD COM 29,587 819 2.85 2,113,392