Latest Karpus Management, Inc. Stock Portfolio
Karpus Management, Inc. Performance:
2025 Q3: 0.33%YTD: 0.68%2024: 0.59%
Performance for 2025 Q3 is 0.33%, and YTD is 0.68%, 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 $3.2 Billions as of 30 Sep, 2025.
The top stock holdings of Karpus Management, Inc. are VB, BIV, . The fund has invested 8.6% of it's portfolio in VANGUARD INDEX FDS S&P 500 ETF SH and 3.6% of portfolio in VANGUARD BD INDEX FD INC LONG TERM BOND.
The fund managers got completely rid off INVESCO TRUST FOR INVESTMENT G, CARTESIAN GROWTH CORP II, INC; TNT ACQ DT: 11/10/2023; CASH: $10.30 (RENE) and ISHARES SHORT TREASURY BOND (AAXJ) stocks. They significantly reduced their stock positions in IRON HORSE ACQ CRP; TNT ACQ DT: 12/29/2024; CASH; $10.00, FOUR LEAF ACQ CRP; TNT ACQ DT: 3/17/2024; CASH: $10.30 (FORL) and SPDR BLOOMBERG 1-3 MONTH T-BILL ETF (BIL). Karpus Management, Inc. opened new stock positions in VANGUARD CORE TAX EXEMPT BOND ETF (VTEB), PIMCO CALIFORNIA MUNICIPAL INC and ISHARES CORE DIVIDEND GROWTH ETF (ACWF). The fund showed a lot of confidence in some stocks as they added substantially to CHAMPIONSGATE ACQ CRP; TNT ACQ DT: 11/27/2026; CASH: $10.05, VANGUARD BD INDEX FD INC LONG TERM BOND (BIV) and PACER GLOBAL CASH COWS DIVIDEND (AFTY).
The top stock holdings of Karpus Management, Inc. are VB, BIV, . The fund has invested 8.6% of it's portfolio in VANGUARD INDEX FDS S&P 500 ETF SH and 3.6% of portfolio in VANGUARD BD INDEX FD INC LONG TERM BOND.
The fund managers got completely rid off INVESCO TRUST FOR INVESTMENT G, CARTESIAN GROWTH CORP II, INC; TNT ACQ DT: 11/10/2023; CASH: $10.30 (RENE) and ISHARES SHORT TREASURY BOND (AAXJ) stocks. They significantly reduced their stock positions in IRON HORSE ACQ CRP; TNT ACQ DT: 12/29/2024; CASH; $10.00, FOUR LEAF ACQ CRP; TNT ACQ DT: 3/17/2024; CASH: $10.30 (FORL) and SPDR BLOOMBERG 1-3 MONTH T-BILL ETF (BIL). Karpus Management, Inc. opened new stock positions in VANGUARD CORE TAX EXEMPT BOND ETF (VTEB), PIMCO CALIFORNIA MUNICIPAL INC and ISHARES CORE DIVIDEND GROWTH ETF (ACWF). The fund showed a lot of confidence in some stocks as they added substantially to CHAMPIONSGATE ACQ CRP; TNT ACQ DT: 11/27/2026; CASH: $10.05, VANGUARD BD INDEX FD INC LONG TERM BOND (BIV) and PACER GLOBAL CASH COWS DIVIDEND (AFTY).
Karpus Management, Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Karpus Management, Inc. made a return of 0.33% in the last quarter. In trailing 12 months, it's portfolio return was 0.68%.
New Buys
| Ticker | $ Bought |
|---|---|
| vanguard core tax exempt bond etf | 40,143,400 |
| pimco california municipal inc | 11,956,900 |
| ishares core dividend growth etf | 6,604,170 |
| oyster enterprices acq crp ii; tnt acq dt: 5/22/2027; cash: $10.00 | 6,209,560 |
| ishares msci denmark etf | 5,950,060 |
| armada acq crp ii; tnt acq dt: 5/16/2027; cash: $10.00 | 5,712,620 |
| thayer ventures acq crp ii; tnt acq dt:3/15/2027; cash:$10.00 | 5,226,630 |
| origin acq crp; tnt acq dt: 7/1/2027; cash: $10.10 | 4,312,610 |
New stocks bought by Karpus Management, Inc.
Additions
| Ticker | % Inc. |
|---|---|
| championsgate acq crp; tnt acq dt: 11/27/2026; cash: $10.05 | 859 |
| calamos strat tot return fd | 175 |
| blackrock muniholdings new york quality fund inc | 75.21 |
| vanguard bd index fd inc long term bond | 74.54 |
| copley acq crp; tnt acq dt: 4/30/2027; cash: $10.05 | 73.89 |
| vanguard bd index fd inc total bnd mrkt | 42.34 |
| pacer global cash cows dividend | 42.25 |
| ishares lehman 7-10yr treas | 41.3 |
Additions to existing portfolio by Karpus Management, Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| iron horse acq crp; tnt acq dt: 12/29/2024; cash; $10.00 | -98.29 |
| john hancock t/a dvd income | -94.94 |
| invesco municipal opportunity | -92.42 |
| blackrock muniyield quality fund iii | -82.79 |
| invesco municipal trust | -77.36 |
| aberdeen emerging markets equity income fund inc | -68.96 |
| kkr income opportunities fund | -64.66 |
| nabors energy acq crp ii; tnt acq dt: 7/14/2024; cash: $10.15 | -59.07 |
Karpus Management, Inc. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| invesco trust for investment g | -17,297,800 |
| blackrock technology and private equity term trust | -10,445,600 |
| black hawk acq crp; tnt acq dt: 6/22/2025; cash: $10.05 | -10,782,300 |
| ai transportation acq corp. tnt acq dt: 11/08/2024; cash: $10.10 | -10,425,800 |
| pioneer diversified high income trust | -11,511,700 |
| cartesian growth corp ii, inc; tnt acq dt: 11/10/2023; cash: $10.30 | -10,784,600 |
| chenghe acq crp ii; tnt acq dt: 6/11/2026; cash: $10.00 | -7,151,480 |
| haymaker 4 acq crp; tnt acq dt: 7/25/2025; cash: $10.10 | -7,448,380 |
Karpus Management, Inc. got rid off the above stocks
Sector Distribution
Karpus Management, Inc. has about 99.7% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 99.7 |
Market Cap. Distribution
Karpus Management, Inc. has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 99.7 |
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 | 99.7 |
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 204 stocks in it's portfolio. About 32.6% of the portfolio is in top 10 stocks. DIS 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 Nov, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAXJ | ishares tr msci acwi ex us | 0.01 | 5,938 | 386,029 | reduced | -1.69 | ||
| AAXJ | ishares short treasury bond | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ABBV | abbvie inc com | 0.01 | 1,050 | 243,117 | new | |||
| ACWF | ishares tr core msci euro | 1.05 | 484,802 | 33,024,700 | added | 1.93 | ||
| ACWF | ishares core dividend growth etf | 0.21 | 97,006 | 6,604,170 | new | |||
| ACWV | ishares msci cda etf | 0.43 | 269,534 | 13,624,900 | added | 35.04 | ||
| ACWV | ishares emu etf | 0.38 | 193,297 | 11,972,800 | added | 40.62 | ||
| ACWV | ishares msci south korea ind | 0.23 | 90,710 | 7,265,870 | added | 8.74 | ||
| ACWV | ishares brazil etf | 0.21 | 217,208 | 6,733,450 | added | 31.18 | ||
| AFTY | pacer global cash cows dividend | 0.42 | 336,447 | 13,330,000 | added | 42.25 | ||
| AMPS | ishares msci denmark etf | 0.19 | 54,575 | 5,950,060 | new | |||
| BBAX | jpmorgan betabuilders japan etf | 0.48 | 229,681 | 15,232,400 | added | 13.56 | ||
| BIL | spdr ser tr nuvn br sht muni | 1.37 | 896,907 | 43,248,900 | reduced | -2.35 | ||
| BIL | spdr bloomberg 1-3 month t-bill etf | 0.02 | 6,290 | 577,108 | reduced | -13.72 | ||
| BIV | vanguard bd index fd inc long term bond | 3.65 | 1,625,430 | 115,162,000 | added | 74.54 | ||
| BIV | vanguard bd index fd inc total bnd mrkt | 1.18 | 501,916 | 37,327,500 | added | 42.34 | ||
| BIV | vanguard bd index fd inc short trm bond | 0.15 | 59,720 | 4,712,500 | reduced | -1.57 | ||
| DIS | disney walt co com disney | 0.01 | 2,215 | 253,618 | unchanged | 0.00 | ||
| EMGF | ishares core msci emerging markets etf | 0.01 | 6,795 | 447,926 | reduced | -0.22 | ||
| FORL | four leaf acq crp; tnt acq dt: 3/17/2024; cash: $10.30 | 0.03 | 73,238 | 842,237 | reduced | -56.85 | ||