KARPUS MANAGEMENT, INC.

Filed: 11/14/2022ACC: 0001072613-22-000625

📋 What this filing means

KARPUS MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 508 equity positions with a total reported market value of $2.85M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

508

Positions

$2.85M

Total AUM (reported)

195.21M

Total Shares

Allocation by class

COM$550.9K19.3%

COM CL A$273.4K9.6%

CLASS A COM$208.3K7.3%

S&P 500 ETF SHS$189.8K6.7%

CORE S&P500 ETF$162.0K5.7%

LONG TERM BOND$131.5K4.6%

CLASS A ORD SHS$124.5K4.4%

Portfolio Concentration

Top 3$483.3K16.9%

4–10$344.8K12.1%

11–25$394.9K13.8%

Rest$1.63M57.1%

Top 3 weight

16.9%

Top 10 weight

29.0%

Voting Authority Distribution

Total shares with voting rights: 195.21M

Sole

Full voting authority

192.99M

% of voting shares98.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.22M

% of voting shares1.1%

Investment Discretion (by position count)

Sole508

Shared0

Other0

Dominant voting typeSole · 98.9% of voting shares

Institutional Holdings508

Rows:

VANGUARD INDEX FDS S&P 500 ETF SH

SOLE

S&P 500 ETF SHS

Shares578.01K

TypeSH

Market value$189.8K

6.65%

Sole

578.01K

Shared

0.00

None

0.00

ISHARES CORE S&P500 ETF

SOLE

CORE S&P500 ETF

Shares451.67K

TypeSH

Market value$162.0K

5.68%

Sole

451.67K

Shared

0.00

None

0.00

VANGUARD BD INDEX FD INC LONG TERM BOND

SOLE

LONG TERM BOND

Shares1.83M

TypeSH

Market value$131.5K

4.61%

Sole

1.78M

Shared

0.00

None

49K

NUVEEN NY AMT FREE MUN INCOME COM

SOLE

COM

Shares9.15M

TypeSH

Market value$89.8K

3.15%

Sole

9.07M

Shared

0.00

None

79.92K

VANGUARD INDEX FDS SMALL CP ETF

SOLE

SMALL CP ETF

Shares384.81K

TypeSH

Market value$65.8K

2.31%

Sole

384.81K

Shared

0.00

None

0.00

VANGUARD INDEX FDS TOTAL STK MKT

SOLE

TOTAL STK MKT

Shares265.07K

TypeSH

Market value$47.6K

1.67%

Sole

265.07K

Shared

0.00

None

0.00

VANGUARD TAX-EXEMPT BOND ETF

SOLE

TAX EXEMPT BD

Shares826.49K

TypeSH

Market value$39.8K

1.40%

Sole

826.49K

Shared

0.00

None

0.00

BLACKROCK CALIFORNIA MUNICIPAL INCOME TR

SOLE

SH BEN INT

Shares3.44M

TypeSH

Market value$35.4K

1.24%

Sole

3.44M

Shared

0.00

None

0.00

ISHARES RUSSELL 1000 ETF

SOLE

RUS 1000 ETF

Shares172.44K

TypeSH

Market value$34.0K

1.19%

Sole

172.44K

Shared

0.00

None

0.00

WESTERN ASSET CLYM INFL SEC IN COM SH BEN INT

SOLE

COM SH BEN INT

Shares3.63M

TypeSH

Market value$32.5K

1.14%

Sole

3.46M

Shared

0.00

None

165.41K

AFRICAN GOLD ACQ CRP; TNT ACQ DT: 2/26/2023; CASH; $10.00

SOLE

SHS CL A

Shares3.25M

TypeSH

Market value$32.2K

1.13%

Sole

3.25M

Shared

0.00

None

0.00

TWELVE SEASACQ CRP II; TNT ACQ DT: 2/26/2023; CASH; $10.00

SOLE

COM CL A

Shares3.16M

TypeSH

Market value$31.1K

1.09%

Sole

3.16M

Shared

0.00

None

0.00

ISHARES EUROPE ETF

SOLE

EUROPE ETF

Shares786.58K

TypeSH

Market value$29.7K

1.04%

Sole

786.58K

Shared

0.00

None

0.00

OCA ACQ CRP; TNT ACQ DT: 7/14/2022; CASH: $10.15

SOLE

COM CL A

Shares2.84M

TypeSH

Market value$28.5K

1.00%

Sole

2.71M

Shared

0.00

None

125K

VANGUARD FTSE PACIFIC ETF

SOLE

FTSE PACIFIC ETF

Shares488.67K

TypeSH

Market value$28.1K

0.98%

Sole

488.67K

Shared

0.00

None

0.00

BlackRock ESG Capital Allocation Trust

SOLE

SHS BEN INT

Shares2.16M

TypeSH

Market value$27.7K

0.97%

Sole

2.16M

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF

SOLE

FTSE EMR MKT ETF

Shares727.03K

TypeSH

Market value$26.5K

0.93%

Sole

727.03K

Shared

0.00

None

0.00

VANGUARD DIVIDEND APPREC ETF

SOLE

DIV APP ETF

Shares195.42K

TypeSH

Market value$26.4K

0.93%

Sole

195.42K

Shared

0.00

None

0.00

AUSTERLITZ ACQ CRP II; TNT ACQ DT: 2/26/2023; CASH; $10.00

SOLE

COM CL A

Shares2.67M

TypeSH

Market value$26.2K

0.92%

Sole

2.67M

Shared

0.00

None

0.00

VANGUARD WORLD FDS INF TECH ETF

SOLE

INF TECH ETF

Shares79.57K

TypeSH

Market value$24.5K

0.86%

Sole

79.57K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX FD FTSE EUROPE ETF

SOLE

FTSE EUROPE ETF

Shares527.62K

TypeSH

Market value$24.3K

0.85%

Sole

527.62K

Shared

0.00

None

0.00

EATON VANCE MUN BD FD COM

SOLE

COM

Shares2.47M

TypeSH

Market value$23.9K

0.84%

Sole

2.47M

Shared

0.00

None

0.00

GABELLI DIVD & INCOME TR COM

SOLE

COM

Shares1.27M

TypeSH

Market value$23.8K

0.83%

Sole

1.27M

Shared

0.00

None

0.00

NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND

SOLE

COMMON STOCK

Shares2.25M

TypeSH

Market value$21.2K

0.74%

Sole

2.25M

Shared

0.00

None

0.00

ISHARES CORE MSCI EMERGING MARKETS ETF

SOLE

CORE MSCI EMKT

Shares482.71K

TypeSH

Market value$20.7K

0.73%

Sole

482.71K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDS S&P 500 ETF SHSOLE	S&P 500 ETF SHS	578.01K	SH	$189.8K 6.65%	578.01K	0.00
ISHARES CORE S&P500 ETFSOLE	CORE S&P500 ETF	451.67K	SH	$162.0K 5.68%	451.67K	0.00
VANGUARD BD INDEX FD INC LONG TERM BONDSOLE	LONG TERM BOND	1.83M	SH	$131.5K 4.61%	1.78M	49K
NUVEEN NY AMT FREE MUN INCOME COMSOLE	COM	9.15M	SH	$89.8K 3.15%	9.07M	79.92K
VANGUARD INDEX FDS SMALL CP ETFSOLE	SMALL CP ETF	384.81K	SH	$65.8K 2.31%	384.81K	0.00
VANGUARD INDEX FDS TOTAL STK MKTSOLE	TOTAL STK MKT	265.07K	SH	$47.6K 1.67%	265.07K	0.00
VANGUARD TAX-EXEMPT BOND ETFSOLE	TAX EXEMPT BD	826.49K	SH	$39.8K 1.40%	826.49K	0.00
BLACKROCK CALIFORNIA MUNICIPAL INCOME TRSOLE	SH BEN INT	3.44M	SH	$35.4K 1.24%	3.44M	0.00
ISHARES RUSSELL 1000 ETFSOLE	RUS 1000 ETF	172.44K	SH	$34.0K 1.19%	172.44K	0.00
WESTERN ASSET CLYM INFL SEC IN COM SH BEN INTSOLE	COM SH BEN INT	3.63M	SH	$32.5K 1.14%	3.46M	165.41K
AFRICAN GOLD ACQ CRP; TNT ACQ DT: 2/26/2023; CASH; $10.00SOLE	SHS CL A	3.25M	SH	$32.2K 1.13%	3.25M	0.00
TWELVE SEASACQ CRP II; TNT ACQ DT: 2/26/2023; CASH; $10.00SOLE	COM CL A	3.16M	SH	$31.1K 1.09%	3.16M	0.00
ISHARES EUROPE ETFSOLE	EUROPE ETF	786.58K	SH	$29.7K 1.04%	786.58K	0.00
OCA ACQ CRP; TNT ACQ DT: 7/14/2022; CASH: $10.15SOLE	COM CL A	2.84M	SH	$28.5K 1.00%	2.71M	125K
VANGUARD FTSE PACIFIC ETFSOLE	FTSE PACIFIC ETF	488.67K	SH	$28.1K 0.98%	488.67K	0.00
BlackRock ESG Capital Allocation TrustSOLE	SHS BEN INT	2.16M	SH	$27.7K 0.97%	2.16M	0.00
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETFSOLE	FTSE EMR MKT ETF	727.03K	SH	$26.5K 0.93%	727.03K	0.00
VANGUARD DIVIDEND APPREC ETFSOLE	DIV APP ETF	195.42K	SH	$26.4K 0.93%	195.42K	0.00
AUSTERLITZ ACQ CRP II; TNT ACQ DT: 2/26/2023; CASH; $10.00SOLE	COM CL A	2.67M	SH	$26.2K 0.92%	2.67M	0.00
VANGUARD WORLD FDS INF TECH ETFSOLE	INF TECH ETF	79.57K	SH	$24.5K 0.86%	79.57K	0.00
VANGUARD INTL EQUITY INDEX FD FTSE EUROPE ETFSOLE	FTSE EUROPE ETF	527.62K	SH	$24.3K 0.85%	527.62K	0.00
EATON VANCE MUN BD FD COMSOLE	COM	2.47M	SH	$23.9K 0.84%	2.47M	0.00
GABELLI DIVD & INCOME TR COMSOLE	COM	1.27M	SH	$23.8K 0.83%	1.27M	0.00
NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUNDSOLE	COMMON STOCK	2.25M	SH	$21.2K 0.74%	2.25M	0.00
ISHARES CORE MSCI EMERGING MARKETS ETFSOLE	CORE MSCI EMKT	482.71K	SH	$20.7K 0.73%	482.71K	0.00

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