13F-HR filed by Karpus Management, Inc.
Karpus Management, Inc. filed this 13F-HR for the quarter ended 2025-12-31, filed 2026-02-13, with 100 holding rows worth $489,030,780.
- Accession
- 0001072613-26-000174
- Filer
- CIK 1048703
- Filed
- 2026-02-13
- Accepted by EDGAR
- acceptance time not in the bulk data set
- Ingested
- Source
- SEC quarterly data set
13F report for Q4 2025
A holdings report, 100 entries on the cover page, a total value of $489,030,780 stated on the cover page (in dollars after the unit check, H1), rows summing to $489,030,780 with VALUE read as dollars as filed, 13F file number 028-11445. A later restatement replaced it, so the quarter does not use it. The resolved quarter.
The information table after summing rows of one CUSIP and put or call (H4), with the CUSIP and issuer name as filed. Values in dollars after the unit check (method).
| Issuer as filed | CUSIP | Class | Amount | Value | Value read as | Type |
|---|---|---|---|---|---|---|
| EAGLE POINT CREDIT 7.75 percent DUE 06/30/2030 | 269809414 | Preferred | 2,573,963 | $64,606,471 | dollars as filed | |
| OFS CAPITAL 7 50 NTS | 67103B803 | COM | 1,259,030 | $32,331,890 | dollars as filed | |
| SOUND POINT MERIDIAN CAPITAL 7.875 percent DUE 7/31/2030 | 83617A306 | Preferred | 1,232,329 | $31,103,984 | dollars as filed | |
| SARATOGA INVESTMENT CORP 6.00 percent DUE 04/30/2027 | 80349A802 | Preferred | 1,014,297 | $25,113,994 | dollars as filed | |
| OXFORD SQUARE CAPITAL CORP 7.75 percent DUE 7/31/2030 | 69181V602 | Preferred | 867,122 | $22,094,269 | dollars as filed | |
| OXFORD LANE CAP CORP | 691543854 | Pref | 853,683 | $21,572,569 | dollars as filed | |
| Oxford Lane Capital Corp | 691543888 | EQUITY | 669,336 | $16,314,061 | dollars as filed | |
| NEWTEK BUSINESS SERVICES 5.5 percent DUE 2/1/2026 | 652526708 | Preferred | 595,191 | $14,992,861 | dollars as filed | |
| GREAT ELM CAPITAL CORP 5 7/8 percent DUE 6/30/2026 | 390320604 | Preferred | 592,725 | $14,818,125 | dollars as filed | |
| TERRA INCOME 6 7 percent DUE 3/31/2026 | 88104C202 | Preferred | 594,051 | $14,779,989 | dollars as filed | |
| OXFORD LANE CAPITAL CORP. 7.125 percent 6/30/2029 | 691543870 | Preferred | 603,268 | $14,659,412 | dollars as filed | |
| GLADSTONE INVESTMENT CORP 5 percent DUE 5/1/2026 | 376546800 | Preferred | 537,845 | $13,526,802 | dollars as filed | |
| GLADSTONE INVESTMENT CORP 7.875 percent 02/01/2023 | 376546867 | Preferred | 480,025 | $12,307,841 | dollars as filed | |
| OXFORD LANE CAPITAL CORP 6 percent DUE 8/31/2029 | 691543805 | Preferred | 516,391 | $12,086,028 | dollars as filed | |
| GREAT ELM CAPITAL CORP 7.75 percent DUE 12/31/2030 | 390320869 | Preferred | 480,605 | $12,034,349 | dollars as filed | |
| OFS CAPITAL CORP 4.95 percent DUE 10/31/2028 | 67103B704 | Preferred | 479,881 | $11,368,381 | dollars as filed | |
| OFS CREDIT CO 5.25 percent DUE 12/31/2026 | 67111Q404 | Preferred | 452,345 | $11,171,564 | dollars as filed | |
| EAGLE POINT CREDIT CO-CALLABLE | 269809885 | Pref | 443,719 | $10,604,884 | dollars as filed | |
| SOUND POINT MERIDIAN CAPITAL, INC. 8 percent 11/30/2029 | 83617A207 | Preferred | 402,904 | $10,147,983 | dollars as filed | |
| PEARL DIVER CREDIT COMPANY INC. 8 percent 12/31/2029 | 70476Q209 | Preferred | 362,372 | $9,147,574 | dollars as filed | |
| GREAT ELM CAPITAL CORP 8.125 percent DUE 12/31/2029 | 390320877 | Preferred | 322,014 | $8,098,717 | dollars as filed | |
| SARATOGA INVESTMENT CORP 8.50 percent DUE 04/15/2028 | 80349A869 | Preferred | 315,605 | $7,994,275 | dollars as filed | |
| CRESCENT CAPITAL BDC INC | 225655208 | Preferred | 317,674 | $7,957,734 | dollars as filed | |
| OFS CREDIT CO 7 7/8 percent DUE 10/31/2029 | 67111Q503 | Preferred | 269,146 | $6,774,459 | dollars as filed | |
| CARLYLE CREDIT INCOME FUND 7.375 percent DUE 10/30/2028 | 92535C609 | Preferred | 264,150 | $6,685,610 | dollars as filed | |
| OPPORTUNISTIC VALUE FUND, D SUB-SERIES | 95MSENTF6 | Common | 577,234 | $6,483,545 | dollars as filed | |
| CION INVESTMENT CORP 7.5 percent DUE 12/30/2029 | 17259U303 | Preferred | 242,975 | $6,115,681 | dollars as filed | |
| EAGLE POINT INST INCOME FUND 8.125 percent DUE 10/31/29 | 269819207 | Preferred | 241,666 | $6,092,400 | dollars as filed | |
| OXFORD LANE CAP COR PFD SER 2027 PRF | 691543607 | Preferred Share | 192,355 | $4,731,952 | dollars as filed | |
| PIMCO NEW YORK MUN FD II | 72200Y102 | COM | 654,456 | $4,509,202 | dollars as filed | |
| EAGLE POINT INCOME CO 5 percent 10/30/26 | 269817201 | Preferred | 173,736 | $4,275,643 | dollars as filed | |
| OXFORD SQUARE CAPITAL CO 5.5 percent DUE 7/31/2028 | 69181V503 | Preferred | 171,471 | $4,141,882 | dollars as filed | |
| HORIZON TECHNOLOGY FINANCE 4 7/8 percent DUE 3/30/2026 | 44045A409 | Preferred | 160,657 | $4,024,458 | dollars as filed | |
| OXFORD LANE CAP CORP | 691543862 | Pref | 150,975 | $3,870,697 | dollars as filed | |
| RUNWAY FINANCE CORP, 7.5 percent DUE 7/28/2027 | 78163D209 | Preferred | 145,772 | $3,679,285 | dollars as filed | |
| EAGLE POINT CREDIT CO 6.75 percent PERPETUAL PFD | 269809802 | Preferred | 169,456 | $3,358,618 | dollars as filed | |
| GREAT ELM CAPITAL CORP. 8.5 percent 04/30/2029 | 390320885 | Preferred | 116,338 | $2,922,643 | dollars as filed | |
| EAGLE POINT INCOME COMPANY 8 percent 04/30/2029 | 269817409 | Preferred | 100,141 | $2,522,552 | dollars as filed | |
| SARATOGA INVESTMENT CORP 8 1/8 percent DUE 12/31/2027 | 80349a877 | Preferred | 83,275 | $2,107,690 | dollars as filed | |
| INTEGRATED WELLNESS ACQ CORP | G4828B100 | COM | 163,875 | $2,094,323 | dollars as filed | |
| OFS CREDIT 6.125 percent DUE 4/30/2026 | 67111Q305 | Preferred | 78,615 | $1,959,086 | dollars as filed | |
| EAGLE POINT CREDIT 8 percent DUE 01/31/2029 | 269809877 | Preferred | 76,710 | $1,923,902 | dollars as filed | |
| HORIZON TECHNOLOGY FINANCE CORP 6.25 percent 6/15/2027 | 44045A508 | Preferred | 73,779 | $1,833,408 | dollars as filed | |
| EAGLE POINT CREDIT CO 6.5 percent DUE 6/30/31 | 269809703 | Preferred | 61,395 | $1,523,216 | dollars as filed | |
| GREAT ELM GROUP INC 7.25 percent 6/30/2027 | 39037G208 | Preferred | 58,900 | $1,460,720 | dollars as filed | |
| PRIORITY INCOME FUND 6 12/31/2028 | 74274W772 | Preferred | 58,070 | $1,388,338 | dollars as filed | |
| RUNWAY FINANCE CORP, 8 percent DUE 12/31/2027 | 78163D308 | Preferred | 48,362 | $1,221,382 | dollars as filed | |
| OXFORD LANE CAPITAL CORP 6.75 percent DUE 3/31/2031 | 691543706 | Preferred | 38,367 | $924,165 | dollars as filed | |
| SARATOGA INVESTMENT CORP 8.00 percent DUE 10/31/2027 | 80349A885 | Preferred | 29,225 | $743,776 | dollars as filed | |
| PRIORITY INCOME FUND 6.375 percent DUE 3/31/2029 | 74274W756 | Preferred | 22,060 | $529,881 | dollars as filed | |
| VALUENCE MERGER CORP I | G9R16L100 | COM | 23,750 | $294,500 | dollars as filed | |
| EAGLE POINT CREDIT CO 6.6875 percent 04/30/28 | 269809505 | Preferred | 9,031 | $227,401 | dollars as filed | |
| EAGLE POINT CREDIT CORP 6.75 percent DUE 3/31/2031 | 269809604 | Preferred | 7,325 | $182,100 | dollars as filed | |
| PHENIXFIN CORPORATION 5.25 percent DUE 11/1/28 | 71742W301 | Preferred | 7,600 | $180,196 | dollars as filed | |
| Procter & Gamble Co | 742718109 | COM | 1,030 | $147,609 | dollars as filed | |
| PepsiCo,Inc. | 713448108 | COM | 1,000 | $143,520 | dollars as filed | |
| WESTERN ASSET INVESTMENT GRA | 95766T100 | COM | 9,081 | $113,331 | dollars as filed | |
| iShares Short Treasury Bond ETF | 464288679 | SHS | 1,000 | $110,150 | dollars as filed | |
| iShares MSCI Japan ETF | 46434G822 | SHS | 1,000 | $80,740 | dollars as filed | |
| MCKESSON CORP COM | 58155Q103 | Stock | 77 | $63,162 | dollars as filed | |
| VANECK ETF TRUST | 92189F528 | VANECK SHRT MUNI | 3,500 | $60,935 | dollars as filed | |
| EATON VANCE ENHANCED EQUITY | 278277108 | COM | 2,202 | $51,549 | dollars as filed | |
| GLADSTONE INVESTMENT CORP 4.875 percent DUE 11/1/2028 | 376546883 | Preferred | 2,100 | $50,106 | dollars as filed | |
| LMP CAPITAL AND INCOME FUND | 50208A102 | COM | 2,951 | $43,704 | dollars as filed | |
| CENTURION ACQUISITION CORP | G20315100 | SHS CL A | 4,100 | $43,665 | dollars as filed | |
| ISHARES TR | 464288257 | MSCI ACWI ETF | 261 | $36,929 | dollars as filed | |
| CRANE HBR ACQUISITION CORP | G24979109 | CL A | 3,000 | $32,310 | dollars as filed | |
| TRINITY CAPITAL 7.875 percent DUE 3/30/2029 | 896442605 | Preferred | 1,225 | $30,878 | dollars as filed | |
| BLACKROCK MUNCPL CRDT ALP PTF INC INSTL | 09262J102 | BOND FUNDS | 2,304 | $28,570 | dollars as filed | |
| Communication Services Select Sector SPDR Fund | 81369Y852 | SHS | 234 | $27,546 | dollars as filed | |
| Chevron Corporation | 166764100 | COM | 175 | $26,672 | dollars as filed | |
| JANUS DETROIT STR TR | 47103U845 | HENDRSON AAA CL | 523 | $26,453 | dollars as filed | |
| NORTHROP GRUMMAN CORP COM | 666807102 | Stock | 46 | $26,230 | dollars as filed | |
| ISHARES TR | 464288414 | NATIONAL MUN ETF | 233 | $24,951 | dollars as filed | |
| ISHARES TR | 464288661 | 3 7 YR TREAS BD | 197 | $23,512 | dollars as filed | |
| ABRDN HEALTHCARE INVESTORS | 87911J103 | SH BEN INT | 1,070 | $20,266 | dollars as filed | |
| Health Care Select Sector SPDR Fund | 81369Y209 | SHS | 130 | $20,124 | dollars as filed | |
| VANGUARD SCOTTSDALE FDS | 92206C409 | COM | 239 | $19,055 | dollars as filed | |
| DELL TECHNOLOGIES INC CL C | 24703L202 | Stock | 151 | $19,008 | dollars as filed | |
| Technology Select Sector SPDR Fund | 81369Y803 | SHS | 130 | $18,716 | dollars as filed | |
| BLACKROCK MUNIYIELD PA QUALI | 09255G107 | COM | 1,578 | $17,484 | dollars as filed | |
| FRANKLIN MASTER INTER INCOME SH BEN INT | 746909100 | CEF | 5,000 | $16,700 | dollars as filed | |
| ENTERPRISE PRODS PARTNERS L | 293792107 | COM | 496 | $15,902 | dollars as filed | |
| CROWDSTRIKE HLDGS INC | 22788C105 | COM | 31 | $14,532 | dollars as filed | |
| ISHARES TR | 464287432 | 20 YR TR BD ETF | 155 | $13,510 | dollars as filed | |
| SELECT SECTOR SPDR TR | 81369Y704 | INDL | 80 | $12,410 | dollars as filed | |
| Vanguard Intermediate-Term Corporate Bond ETF | 92206C870 | SHS | 117 | $9,799 | dollars as filed | |
| VOYA GLBL EQTY DIV & PREM OP | 92912T100 | COM | 1,446 | $8,271 | dollars as filed | |
| EATON VANCE ENHANCED EQUITY | 278274105 | COM | 210 | $4,318 | dollars as filed | |
| JOHN HANCOCK TAX-ADVANTAGED DI | 41013V100 | COM | 150 | $3,549 | dollars as filed | |
| EASTMAN KODAK CO | 277461406 | COM NEW | 264 | $2,233 | dollars as filed | |
| EATON VANCE TAX-MANAGED DIVE | 27828N102 | COM | 130 | $1,994 | dollars as filed | |
| WEYERHAEUSER CO COM NEW | 962166104 | REIT | 40 | $948 | dollars as filed | |
| TOTAL RETURN SECURITIES FUND | 870875101 | COM | 130 | $809 | dollars as filed | |
| AMERICAN FUNDS NEW ECONOMY A | 643822109 | LOAD EQUITY FUND | 10 | $698 | dollars as filed | |
| Vanguard FTSE Developed Markets ETF | 921943858 | SHS | 11 | $687 | dollars as filed | |
| BCGW 15MAR29 11.5 C | 09032H113 | COM | 4,425 | $664 | dollars as filed | |
| GE HEALTHCARE TECHNOLOGIES INC COMMON STOCK | 36266G107 | Stock | 1 | $82 | dollars as filed | |
| WARNER BROS DISCOVERY INC COM SER A | 934423104 | Stock | 1 | $29 | dollars as filed | |
| ERHC ENERGY INC | 26884J203 | Common | 800 | $2 | dollars as filed |
Amendment chain
| Filing | Role | Filed | Accepted | Ingested |
|---|---|---|---|---|
| 13F-HR 0001072613-26-000174 | this filing | 2026-02-13 | acceptance time not in the bulk data set | |
| 13F-HR/A 0001072613-26-000189 | base | 2026-02-17 | acceptance time not in the bulk data set |