Latest Karpus Management, Inc. Stock Portfolio
Karpus Management, Inc. Performance:
2025 Q2: 0.4%YTD: 0.35%2024: 0.59%
Performance for 2025 Q2 is 0.4%, and YTD is 0.35%, and 2024 is 0.59%.
About Karpus Management, Inc. and 13F Hedge Fund Stock Holdings
Karpus Management, Inc. is a hedge fund based in United Kingdom. On 28-Sep-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $5.9 Billions. In it's latest 13F Holdings report, Karpus Management, Inc. reported an equity portfolio of $3.1 Billions as of 30 Jun, 2025.
The top stock holdings of Karpus Management, Inc. are VB, , . The fund has invested 8.4% of it's portfolio in VANGUARD INDEX FDS S&P 500 ETF SH and 4.6% of portfolio in NUVEEN NY AMT FREE MUN INCOME COM.
The fund managers got completely rid off BNY MELLON MUNICIPAL INCOME INC, GOLDENSTONE ACQ CRP; TNT ACQ DT: 12/21/2023; CASH: $10.15 (GDST) and CONSILIUM ACQ CRP; TNT ACQ DT: 7/13/2023; CASH: $10.15 (CSLM) stocks. They significantly reduced their stock positions in NUVEEN QUALITY MUNICIPAL INCOME FUND, ISHARES LEHMAN 7-10YR TREAS (IJR) and ISHARES TR MSCI ACWI EX US (AAXJ). Karpus Management, Inc. opened new stock positions in QUARTZSEA ACQ CRP; TNT ACQ DT: 6/18/2026; CASH: $10.00, PACER GLOBAL CASH COWS DIVIDEND (AFTY) and ISHARES EMU ETF (ACWV). The fund showed a lot of confidence in some stocks as they added substantially to BNY MELLON STRATEGIC MUNICIPAL BOND FUND INC, VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF (VFLQ) and VANGUARD BD INDEX FD INC LONG TERM BOND (BIV).
The top stock holdings of Karpus Management, Inc. are VB, , . The fund has invested 8.4% of it's portfolio in VANGUARD INDEX FDS S&P 500 ETF SH and 4.6% of portfolio in NUVEEN NY AMT FREE MUN INCOME COM.
The fund managers got completely rid off BNY MELLON MUNICIPAL INCOME INC, GOLDENSTONE ACQ CRP; TNT ACQ DT: 12/21/2023; CASH: $10.15 (GDST) and CONSILIUM ACQ CRP; TNT ACQ DT: 7/13/2023; CASH: $10.15 (CSLM) stocks. They significantly reduced their stock positions in NUVEEN QUALITY MUNICIPAL INCOME FUND, ISHARES LEHMAN 7-10YR TREAS (IJR) and ISHARES TR MSCI ACWI EX US (AAXJ). Karpus Management, Inc. opened new stock positions in QUARTZSEA ACQ CRP; TNT ACQ DT: 6/18/2026; CASH: $10.00, PACER GLOBAL CASH COWS DIVIDEND (AFTY) and ISHARES EMU ETF (ACWV). The fund showed a lot of confidence in some stocks as they added substantially to BNY MELLON STRATEGIC MUNICIPAL BOND FUND INC, VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF (VFLQ) and VANGUARD BD INDEX FD INC LONG TERM BOND (BIV).
Karpus Management, Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Karpus Management, Inc. made a return of 0.4% in the last quarter. In trailing 12 months, it's portfolio return was 0.52%.
New Buys
| Ticker | $ Bought |
|---|---|
| quartzsea acq crp; tnt acq dt: 6/18/2026; cash: $10.00 | 23,108,300 |
| blackrock core bd tr shs ben int | 19,306,600 |
| crane harbor acq crp; tnt ac dt: 4/24/2027; cash: $10.00 | 18,284,600 |
| texas ventures acq crp iii; tnt acq dt: 10/23/2026; cash: $10.05 | 15,336,500 |
| pacer global cash cows dividend | 8,980,720 |
| ishares emu etf | 8,172,000 |
| copley acq crp; tnt acq dt: 4/30/2027; cash: $10.05 | 7,874,630 |
| ishares msci south korea ind | 5,987,740 |
New stocks bought by Karpus Management, Inc.
Additions
| Ticker | % Inc. |
|---|---|
| bny mellon strategic municipal bond fund inc | 3,220 |
| vanguard short-term tax-exempt bond etf | 1,057 |
| vanguard bd index fd inc long term bond | 734 |
| nuveen amt-free municipal credit income fund | 496 |
| pioneer muni hi inc adv trst | 370 |
| blackrock minvestment qality municipal trust | 369 |
| blackrock muniyeld quality fund ii | 307 |
| ishares russell 1000 etf | 134 |
Additions to existing portfolio by Karpus Management, Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| nuveen quality municipal income fund | -97.32 |
| nuveen amt-fr qlty muni inc | -91.83 |
| eqv ventures acq crp v; tnt acq dt: 8/7/2026; cash: $10.00 | -90.62 |
| blackrock enhanced eqt div tr com | -79.48 |
| nabors energy acq crp ii; tnt acq dt: 7/14/2024; cash: $10.15 | -62.35 |
| eureka acq crp; tnt acq dt: 1/12/2026; cash $10.00 | -55.77 |
| nuveen municipal credit income fund | -52.91 |
| columbus acq crp; tnt acq dt: 1/22/2026; cash: $10.00 | -50.59 |
Karpus Management, Inc. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| bny mellon municipal income inc | -17,959,500 |
| centurion acq crp; tnt acq dt: 6/13/2026; cash: $10.00 | -16,456,100 |
| spark acq crp; tnt acq dt: 7/5/2025; cash: $10.05 | -12,242,100 |
| global lights acq crp; tnt acq dt: 11/16/2024; cash: $10.05 | -10,906,500 |
| blackrock health sciences trust ii | -13,702,700 |
| putnam premiet income trust | -3,076,860 |
| gsr acq crp iii; tnt acq dt: 8/7/2026; cash: $10.00 | -7,174,130 |
| blackrock esg capital allocation trust | -10,186,800 |
Karpus Management, Inc. got rid off the above stocks
Sector Distribution
Karpus Management, Inc. has about 99.6% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 99.6 |
Market Cap. Distribution
Karpus Management, Inc. has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 99.6 |
Stocks belong to which Index?
About 0% of the stocks held by Karpus Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 99.9 |
Karpus Management, Inc. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Karpus Management, Inc.
Karpus Management, Inc. has 199 stocks in it's portfolio. About 32% of the portfolio is in top 10 stocks. LLY proved to be the most loss making stock for the portfolio. IJR was the most profitable stock for Karpus Management, Inc. last quarter.
Last Reported on: 14 Aug, 2025| Ticker | Namesorted descending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| VB | vanguard index fds s&p 500 etf sh | 8.37 | 457,002 | 259,591,000 | reduced | -1.04 | ||
Historical Trend of VANGUARD INDEX FDS S&P 500 ETF SH Position Held By Karpus Management, Inc.What % of Portfolio is VB?:Number of VB shares held:Change in No. of Shares Held: | ||||||||
| nuveen ny amt free mun income com | 4.63 | 14,488,000 | 143,576,000 | reduced | -19.25 | |||
| blackrock muniholdings fund inc | 2.59 | 7,184,060 | 80,461,400 | reduced | -3.53 | |||
| IJR | ishares core s&p500 etf | 2.56 | 127,960 | 79,450,100 | reduced | -8.66 | ||
| blackrock 2030 municipal target term trust | 2.53 | 3,587,880 | 78,538,700 | added | 19.09 | |||
| VB | vanguard index fds small cp etf | 2.48 | 324,978 | 77,013,200 | reduced | -0.39 | ||
| angel oak financial strategies income term trust | 2.32 | 5,531,340 | 71,796,700 | added | 56.15 | |||
| eaton vance mun bd fd com | 2.28 | 7,294,960 | 70,542,200 | added | 4.01 | |||
| western asset clym infl sec in com sh ben int | 2.19 | 8,077,280 | 67,849,100 | added | 3.48 | |||
| BIV | vanguard bd index fd inc long term bond | 2.09 | 931,254 | 64,759,400 | added | 734 | ||
| aa mission acq crp; tnt acq dt: 8/1/2026; cash: $10.05 | 2.02 | 6,002,480 | 62,545,900 | reduced | -0.68 | |||
| VEU | vanguard intl equity index fd ftse emr mkt etf | 1.95 | 1,223,170 | 60,498,100 | added | 0.95 | ||
| blackrock munivest fund | 1.93 | 9,074,240 | 59,708,500 | reduced | -12.17 | |||
| neuberger berman next generation connectivity fund | 1.71 | 3,627,000 | 52,954,200 | reduced | -1.59 | |||
| blackrock muniholdings california quality fund | 1.55 | 4,659,230 | 48,223,000 | reduced | -7.36 | |||
| nuveen nas100 dyn overwrt fd | 1.54 | 1,803,260 | 47,732,100 | reduced | -0.66 | |||
| gabelli divd & income tr com | 1.50 | 1,788,010 | 46,506,100 | added | 0.86 | |||
| BIL | spdr ser tr nuvn br sht muni | 1.42 | 918,500 | 43,931,900 | added | 27.35 | ||
| blackrock municipal income trust | 1.39 | 4,504,540 | 43,198,500 | added | 2.18 | |||
| blackrock mun inc trust ii | 1.39 | 4,287,800 | 43,049,500 | added | 8.47 | |||
