0001048703-12-000114.txt : 20121114 0001048703-12-000114.hdr.sgml : 20121114 20121114094012 ACCESSION NUMBER: 0001048703-12-000114 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121114 DATE AS OF CHANGE: 20121114 EFFECTIVENESS DATE: 20121114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Karpus Management, Inc. CENTRAL INDEX KEY: 0001048703 IRS NUMBER: 161290550 STATE OF INCORPORATION: NY FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11445 FILM NUMBER: 121201312 BUSINESS ADDRESS: STREET 1: 183 SULLY'S TRAIL CITY: PITTSFORD STATE: NY ZIP: 14534 BUSINESS PHONE: 5855864680 MAIL ADDRESS: STREET 1: 183 SULLY'S TRAIL CITY: PITTSFORD STATE: NY ZIP: 14534 FORMER COMPANY: FORMER CONFORMED NAME: KARPUS MANAGEMENT INC DATE OF NAME CHANGE: 19971029 13F-HR 1 form13f09302012.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F-HR FORM 13F-HR COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2012 Check here if Amendment [ ]; Amendment Number: ______ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Karpus Investment Management Address: 183 Sully's Trail Pittsford, New York 14534 Form 13F File Number: 28-11445 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: George W. Karpus Title: President / CEO Phone: 585-586-4680 Signature, Place, and Date of Signing: November 14, 2012 George Karpus Pittsford, New York 14534 [Date] [Signature] [City, State] Report Type (Check only one.): [x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28-________________ _________________________________________ [Repeat as necessary.] FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: N/A Form 13F Information Table Entry Total: 116 Form 13F Information Table Value Total: $1,313,342.03 (x$1,000) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name NONE [Repeat as necessary.] FORM 13F INFORMATION TABLE

Col 1 Col 2 Col 3 Col 4 Col 5 Col 6 Col 7 Col 8 Name of Issuer Title CUSIP Value Shares SH/ PUT/ Invest. Other Voting Authority of x($1,000) or PRN AMT PRN Call Disc'n Mgrs Sole Shared None Class ABBOTT LABORATORIES Common 002824100 $201.57 2,940 SH n/a sole n/a sole 0 0 ABERDEEN EMERGING MARKETS T Common 00301T102 $2,639.26 127,624 SH n/a sole n/a sole 0 0 ABERDEEN ISRAEL FUND, INC Common 00301L109 $408.19 31,667 SH n/a sole n/a sole 0 0 ABERDEEN LATIN AMERICA EQUI Common 00306K106 $702.84 20,384 SH n/a sole n/a sole 0 0 ADAMS EXPRESS COMPANY Common 006212104 $25,622.88 2,259,513 SH n/a sole n/a sole 0 0 ALLIANCEBERNSTEIN INC FUND Common 01881E101 $74,125.57 8,579,348 SH n/a sole n/a sole 0 0 AMERICAN STRATEGIC INC III Common 03009T101 $138.80 18,532 SH n/a sole n/a sole 0 0 ASIA PACIFIC FUND INC Common 044901106 $4,699.40 457,140 SH n/a sole n/a sole 0 0 BANCROFT FUND LTD Common 059695106 $205.32 12,229 SH n/a sole n/a sole 0 0 BLACKROCK CREDIT ALLOC IV Common 092508100 $2,291.84 161,625 SH n/a sole n/a sole 0 0 BLACKROCK ENHANCED DIVIDEND Common 09251A104 $6,607.92 874,064 SH n/a sole n/a sole 0 0 BLACKROCK INCOME TRUST Common 09247F100 $4,234.51 551,368 SH n/a sole n/a sole 0 0 BLACKROCK INTERNATIONAL GRO Common 092524107 $8,186.98 1,123,042 SH n/a sole n/a sole 0 0 BLACKROCK PRFD OPPRTY TRUST Common 09249V103 $1,226.68 101,295 SH n/a sole n/a sole 0 0 BOULDER TOTAL RETURN FUND Common 101541100 $4,180.66 232,259 SH n/a sole n/a sole 0 0 CENTRAL EUROPE & RUSSIA FUN Common 153436100 $391.00 11,710 SH n/a sole n/a sole 0 0 CHINA FUND INC Common 169373107 $1,028.37 46,136 SH n/a sole n/a sole 0 0 CORNING INC COM Common 219350105 $263.00 20,000 SH n/a sole n/a sole 0 0 DELAWARE INV FL INSD MUNI I Common 24610T108 $274.69 19,372 SH n/a sole n/a sole 0 0 DTF TAX-FREE INCOME INC Common 23334J107 $1,627.92 92,338 SH n/a sole n/a sole 0 0 EATON VANCE ENH EQT INC II Common 278277108 $17,414.13 1,571,672 SH n/a sole n/a sole 0 0 EATON VANCE ENHANCED EQ INC Common 278274105 $21,672.82 1,956,031 SH n/a sole n/a sole 0 0 EATON VANCE MI MUNICIPAL IN Common 27826D106 $1,598.12 114,315 SH n/a sole n/a sole 0 0 EATON VANCE RISK-MANAGED DI Common 27829G106 $141.47 13,435 SH n/a sole n/a sole 0 0 EATON VANCE TAX-MANAGED DIV Common 27828N102 $23,590.48 2,480,597 SH n/a sole n/a sole 0 0 EATON VANCE TAX-MANAGED GLO Common 27829F108 $8,608.76 977,158 SH n/a sole n/a sole 0 0 ETF POWERSHARES INSURED Common 73936T474 $60,983.47 2,368,290 SH n/a sole n/a sole 0 0 EXXON MOBIL CORPORATION Common 30231G102 $703.62 7,694 SH n/a sole n/a sole 0 0 FEDERATED ENHANCED TREASURY Common 314162108 $12,521.92 876,885 SH n/a sole n/a sole 0 0 FORT DEARBORN INCOME SEC Common 347200107 $4,483.80 260,686 SH n/a sole n/a sole 0 0 FRANKLIN STREET PROPERTIES Common 35471R106 $704.04 63,599 SH n/a sole n/a sole 0 0 GABELLI DIVIDEND & INCOME T Common 36242H104 $14,973.68 883,403 SH n/a sole n/a sole 0 0 GENERAL AMERICAN INVESTORS Common 368802104 $22,627.60 778,651 SH n/a sole n/a sole 0 0 GREATER CHINA FUND Common 39167B102 $2,631.69 230,850 SH n/a sole n/a sole 0 0 GSI GROUP, INC. Common 36191C205 $148.50 16,667 SH n/a sole n/a sole 0 0 ILLINOIS TOOL WORKS Common 452308109 $202.20 3,400 SH n/a sole n/a sole 0 0 INDIA FUND INC Common 454089103 $873.52 37,587 SH n/a sole n/a sole 0 0 INTERNATIONAL BUSINESS MACH Common 459200101 $758.02 3,654 SH n/a sole n/a sole 0 0 ISHARES BARCLAYS 1-3 YEAR C Common 464288646 $15,849.41 149,862 SH n/a sole n/a sole 0 0 ISHARES BARCLAYS MBS BOND F Common 464288588 $10,282.33 94,195 SH n/a sole n/a sole 0 0 ISHARES IBOXX INV GR CORP B Common 464287242 $17,889.23 146,910 SH n/a sole n/a sole 0 0 ISHARES LEHMAN TRES INF PR Common 464287176 $4,002.37 32,871 SH n/a sole n/a sole 0 0 ISHARES MSCI AUSTRALIA INDE Common 464286103 $3,504.22 147,298 SH n/a sole n/a sole 0 0 ISHARES MSCI BRAZIL INDEX F Common 464286400 $3,201.43 59,220 SH n/a sole n/a sole 0 0 ISHARES MSCI CANADA Common 464286509 $21,633.40 759,333 SH n/a sole n/a sole 0 0 ISHARES MSCI EAFE INDEX FUN Common 464287465 $1,192.50 22,500 SH n/a sole n/a sole 0 0 ISHARES MSCI EMU Common 464286608 $7,232.73 240,690 SH n/a sole n/a sole 0 0 ISHARES MSCI FRANCE INDEX F Common 464286707 $7,243.16 345,241 SH n/a sole n/a sole 0 0 ISHARES MSCI HONG KONG INDE Common 464286871 $2,199.23 120,837 SH n/a sole n/a sole 0 0 ISHARES MSCI JAPAN INDEX FD Common 464286848 $4,439.89 484,176 SH n/a sole n/a sole 0 0 ISHARES MSCI PACIFIC EX JPN Common 464286665 $10,202.06 228,797 SH n/a sole n/a sole 0 0 ISHARES MSCI UNITED KINGDOM Common 464286699 $11,754.46 675,695 SH n/a sole n/a sole 0 0 ISHARES S&P 500 INDEX FUND Common 464287200 $2,263.18 15,673 SH n/a sole n/a sole 0 0 ISHARES S&P EUROPE 350 Common 464287861 $600.57 16,445 SH n/a sole n/a sole 0 0 JAPAN EQUITY FUND Common 471057109 $3,224.26 633,449 SH n/a sole n/a sole 0 0 JAPAN SMALLER CAPITALIZATIO Common 47109U104 $6,144.30 852,191 SH n/a sole n/a sole 0 0 JF CHINA REGION FUND INC Common 46614T107 $2,579.12 204,692 SH n/a sole n/a sole 0 0 KIMBERLY-CLARK CORPORATION Common 494368103 $430.53 5,019 SH n/a sole n/a sole 0 0 KOREA EQUITY FUND Common 50063B104 $1,363.24 137,424 SH n/a sole n/a sole 0 0 LAZARD GLOBAL TOT RT & INC Common 52106W103 $3,825.34 254,853 SH n/a sole n/a sole 0 0 LAZARD WORLD DIVIDEND & INC Common 521076109 $229.76 18,879 SH n/a sole n/a sole 0 0 LENNOX INTERNATIONAL INC. Common 526107107 $4,924.98 101,840 SH n/a sole n/a sole 0 0 LIBERTY ALL STAR EQUITY FUN Common 530158104 $23,004.09 4,762,751 SH n/a sole n/a sole 0 0 LIBERTY ALL-STAR GROWTH FD Common 529900102 $636.89 150,566 SH n/a sole n/a sole 0 0 LMP CAPITAL AND INCOME FUND Common 50208A102 $787.24 54,556 SH n/a sole n/a sole 0 0 LMP REAL ESTATE INCOME FUND Common 50208C108 $2,154.25 186,515 SH n/a sole n/a sole 0 0 MACQUARIE GLOBAL INFR TOT R Common 55608D101 $11,342.51 592,298 SH n/a sole n/a sole 0 0 MARKET VECTORS INTERMEDIATE Common 57060U845 $947.93 39,980 SH n/a sole n/a sole 0 0 MARKET VECTORS-LEHMAN BROS Common 57060U886 $1,032.25 50,900 SH n/a sole n/a sole 0 0 MEXICO EQUITY AND INCOME FD Common 592834105 $876.89 68,294 SH n/a sole n/a sole 0 0 MONTGOMERY ST INCOME SEC IN Common 614115103 $2,206.94 129,973 SH n/a sole n/a sole 0 0 MORGAN STANLEY ASIA PACIFIC Common 61744U106 $6,115.77 437,779 SH n/a sole n/a sole 0 0 MORGAN STANLEY EMRG MARKETS Common 61744G107 $1,969.61 134,628 SH n/a sole n/a sole 0 0 MORGAN STANLEY INDIA INVEST Common 61745C105 $515.03 29,481 SH n/a sole n/a sole 0 0 NEW GERMANY FUND Common 644465106 $10,020.18 688,710 SH n/a sole n/a sole 0 0 NEW IRELAND FUND INC Common 645673104 $339.99 39,999 SH n/a sole n/a sole 0 0 NUVEEN ARIZONA DVD ADV MUN Common 67072E101 $303.74 20,155 SH n/a sole n/a sole 0 0 NUVEEN MICHIGAN DIVIDEND AD Common 67070W103 $371.54 24,852 SH n/a sole n/a sole 0 0 PAYCHEX CORPORATION Common 704326107 $255.30 7,669 SH n/a sole n/a sole 0 0 POWERSHARES BUILD AMERICA P Common 73937B407 $39,936.81 1,328,570 SH n/a sole n/a sole 0 0 PUTNAM MUNI OPPORTUNITIES T Common 746922103 $22,061.06 1,667,503 SH n/a sole n/a sole 0 0 ROYCE VALUE TRUST Common 780910105 $20,046.74 1,533,798 SH n/a sole n/a sole 0 0 RYDEX S&P EQUAL WEIGHT ETF Common 78355W106 $26,999.71 517,434 SH n/a sole n/a sole 0 0 SINGAPORE FUND INC Common 82929L109 $4,601.30 332,945 SH n/a sole n/a sole 0 0 SPDR BARCLAYS CAPITAL INTL Common 78464A516 $9,134.91 148,318 SH n/a sole n/a sole 0 0 SPDR BARCLAYS CAPITAL MUNIC Common 78464A458 $98,033.42 3,988,341 SH n/a sole n/a sole 0 0 SPDR DOW JONES INDUSTRIAL A Common 78467X109 $47,567.11 354,846 SH n/a sole n/a sole 0 0 SPDR GOLD TRUST Common 78463V107 $29,786.82 173,290 SH n/a sole n/a sole 0 0 SPDR LEHMAN SHORT TERM MUNI Common 78464A425 $40,367.99 1,647,673 SH n/a sole n/a sole 0 0 SPDR TRUST SERIES 1 Common 78462F103 $69,498.78 482,731 SH n/a sole n/a sole 0 0 SPECIAL OPPORTUNITIES FUND Common 84741T104 $18,367.47 1,172,891 SH n/a sole n/a sole 0 0 SWISS HELVETIA FUND Common 870875101 $8,921.45 828,361 SH n/a sole n/a sole 0 0 TAIWAN FUND INC Common 874036106 $184.07 11,156 SH n/a sole n/a sole 0 0 TEMPLETON DRAGON FUND INC Common 88018T101 $750.65 29,288 SH n/a sole n/a sole 0 0 TEMPLETON EMERGING MKTS FND Common 880191101 $564.98 30,672 SH n/a sole n/a sole 0 0 TEMPLETON RUSSIA & EAST EUR Common 88022F105 $319.48 20,829 SH n/a sole n/a sole 0 0 TEXTRON INC Common 883203101 $206.01 7,872 SH n/a sole n/a sole 0 0 THAI CAPITAL FUND, INC. Common 882905201 $466.22 39,950 SH n/a sole n/a sole 0 0 THAI FUND INC Common 882904105 $398.40 22,675 SH n/a sole n/a sole 0 0 THE EUROPEAN EQUITY FUND, I Common 298768102 $5,374.19 802,118 SH n/a sole n/a sole 0 0 TRI-CONTINENTAL CORPORATION Common 895436103 $25,442.71 1,568,601 SH n/a sole n/a sole 0 0 TURKISH INVESTMENT FUND, IN Common 900145103 $178.14 11,956 SH n/a sole n/a sole 0 0 VAN KAMP TR/INV GRD NY MUNI Common 46131T101 $2,046.55 123,286 SH n/a sole n/a sole 0 0 VANGUARD EMERGING MARKET ET Common 922042858 $15,851.35 379,946 SH n/a sole n/a sole 0 0 VANGUARD EUROPE PACIFIC ETF Common 921943858 $31,166.92 947,899 SH n/a sole n/a sole 0 0 VANGUARD EUROPEAN ETF Common 922042874 $26,340.41 581,980 SH n/a sole n/a sole 0 0 VANGUARD LARGE-CAP ETF Common 922908637 $27,651.75 420,943 SH n/a sole n/a sole 0 0 VANGUARD MID-CAP ETF Common 922908629 $23,175.40 285,552 SH n/a sole n/a sole 0 0 VANGUARD PACIFIC ETF Common 922042866 $16,142.50 320,542 SH n/a sole n/a sole 0 0 VANGUARD S&P 500 ETF Common 922908413 $54,431.26 825,717 SH n/a sole n/a sole 0 0 VANGUARD SMALL-CAP ETF Common 922908751 $25,754.59 321,370 SH n/a sole n/a sole 0 0 WA/CLAY US INFL-LKD OPP&INC Common 95766R104 $15,208.16 1,130,718 SH n/a sole n/a sole 0 0 WA/CLAY US INFL-LKD SEC&INC Common 95766Q106 $3,309.94 249,430 SH n/a sole n/a sole 0 0 WESTERN ASSET INFLATION MAN Common 95766U107 $28,712.42 1,509,813 SH n/a sole n/a sole 0 0 ZWEIG FUND INC Common 989834205 $12,302.39 971,753 SH n/a sole n/a sole 0 0 ZWEIG TOTAL RETURN FUND INC Common 989837208 $19,252.88 1,520,765 SH n/a sole n/a sole 0 0 Total Securities: 116 $1,313,342.03