13F HOLDINGS REPORT
Karpus Management, Inc.
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001072613-25-000825
Total Value
$3.16B
Positions
204
Other Managers
0
Confidential Omitted
No
Holdings (204)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS S&P 500 ETF SH | 922908363 | 443,512 | $271.6M | 8.60% |
| 2 | VANGUARD BD INDEX FD INC LONG TERM BOND | 921937793 | 1,625,433 | $115.2M | 3.65% |
| 3 | BLACKROCK 2030 MUNICIPAL TARGET TERM TRUST | BLK | 4,407,881 | $99.0M | 3.14% |
| 4 | NUVEEN NY AMT FREE MUN INCOME COM | NU | 8,699,281 | $88.7M | 2.81% |
| 5 | BLACKROCK MUNIHOLDINGS FUND INC | BLK | 7,157,298 | $84.1M | 2.66% |
| 6 | VANGUARD INDEX FDS SMALL CP ETF | 922908751 | 329,883 | $83.9M | 2.66% |
| 7 | ISHARES CORE S&P500 ETF | 464287200 | 124,938 | $83.6M | 2.65% |
| 8 | ANGEL OAK FINANCIAL STRATEGIES INCOME TERM TRUST | 03464A100 | 5,313,982 | $69.7M | 2.21% |
| 9 | VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF | 922042858 | 1,239,543 | $67.2M | 2.13% |
| 10 | WESTERN ASSET CLYM INFL SEC IN COM SH BEN INT | 95766Q106 | 7,846,936 | $66.1M | 2.09% |
| 11 | AA MISSION ACQ CRP; TNT ACQ DT: 8/1/2026; CASH: $10.05 | YCY-WT | 5,815,100 | $61.2M | 1.94% |
| 12 | BLACKROCK MUNIVEST FUND | BLK | 8,343,979 | $57.2M | 1.81% |
| 13 | EATON VANCE MUN BD FD COM | ETN | 5,595,362 | $55.6M | 1.76% |
| 14 | VANGUARD INTL EQUITY INDEX FD ALLWRLD EX US | 922042775 | 742,033 | $53.0M | 1.68% |
| 15 | BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND | BLK | 4,758,154 | $51.6M | 1.63% |
| 16 | NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND | NBXG | 3,200,555 | $49.2M | 1.56% |
| 17 | GABELLI DIVD & INCOME TR COM | 36242H104 | 1,746,094 | $47.4M | 1.50% |
| 18 | NUVEEN NAS100 DYN OVERWRT FD | 670699107 | 1,722,190 | $47.3M | 1.50% |
| 19 | BLACKROCK MUN INC TRUST II | BLK | 4,426,402 | $46.3M | 1.46% |
| 20 | BLACKROCK MUNICIPAL INCOME TRUST | BLK | 4,489,500 | $45.1M | 1.43% |
| 21 | VANGUARD INDEX FDS TOTAL STK MKT | 922908769 | 133,852 | $43.9M | 1.39% |
| 22 | SPDR SER TR NUVN BR SHT MUNI | 78468R739 | 896,907 | $43.2M | 1.37% |
| 23 | ISHARES LEHMAN 7-10YR TREAS | 464287440 | 443,638 | $42.8M | 1.36% |
| 24 | VANGUARD CORE TAX EXEMPT BOND ETF | 922907712 | 533,467 | $40.1M | 1.27% |
| 25 | VANGUARD BD INDEX FD INC TOTAL BND MRKT | 921937835 | 501,916 | $37.3M | 1.18% |
| 26 | BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND INC | BLK | 3,592,742 | $36.7M | 1.16% |
| 27 | LEGATO ACQ CRP III; TNT ACQ DT: 2/08/2026; CASH: $10.00 | LEGT-WT | 3,373,979 | $36.2M | 1.15% |
| 28 | VANGUARD GROWTH ETF | 922908736 | 71,803 | $34.4M | 1.09% |
| 29 | VANGUARD FTSE PACIFIC ETF | 922042866 | 379,616 | $33.3M | 1.06% |
| 30 | ISHARES TR CORE MSCI EURO | 46434V738 | 484,802 | $33.0M | 1.05% |
| 31 | ISHARES RUSSELL 1000 ETF | 464287622 | 85,777 | $31.3M | 0.99% |
| 32 | VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF | 921935870 | 300,250 | $30.6M | 0.97% |
| 33 | DWS MUNICIPAL INCOME TRUST | 233368109 | 3,300,834 | $30.3M | 0.96% |
| 34 | IB ACQ CRP; TNT ACQ DT: 9/26/2025; CASH: $10.05 | IBACR | 2,572,807 | $27.2M | 0.86% |
| 35 | DRUGS MADE IN AMERICA ACQ CRP: 4/28/2026; CASH: $10.05 | G2847J104 | 2,547,667 | $26.2M | 0.83% |
| 36 | RF ACQUISITION CORP II. TNT ACQ DT: 11/21/2025; CASH: $10.05 | RFAIU | 2,405,583 | $25.8M | 0.82% |
| 37 | BLACKROCK MUNIYIELD NEW YORK QUALITY FUND INC | BLK | 2,548,110 | $25.3M | 0.80% |
| 38 | GP-ACT III ACQ CRP; TNT ACQ DT: 5/10/2026; CASH: $10.00 | GPATW | 2,306,816 | $24.5M | 0.77% |
| 39 | QUARTZSEA ACQ CRP; TNT ACQ DT: 6/18/2026; CASH: $10.00 | QSEAU | 2,276,380 | $23.1M | 0.73% |
| 40 | TAVIA ACQ CRP; TNT ACQ DT: 6/4/2026; CASH: $10.05 | TAVIU | 2,202,502 | $22.8M | 0.72% |
| 41 | VANGUARD INTL EQUITY INDEX FD FTSE EUROPE ETF | 922042874 | 272,924 | $21.8M | 0.69% |
| 42 | FINANCIAL SELECT SECTOR SPDR | 81369Y605 | 398,212 | $21.5M | 0.68% |
| 43 | BLACKROCK CORE BD TR SHS BEN INT | BLK | 1,937,109 | $19.3M | 0.61% |
| 44 | VANGUARD WORLD FDS INF TECH ETF | 92204A702 | 25,502 | $19.0M | 0.60% |
| 45 | SIM ACQ CRP; TNT ACQ DT8/30/2024 7/12/2026; CASH $10.00 | SIMAW | 1,768,767 | $18.6M | 0.59% |
| 46 | LIBERTY ALL-STAR GROWTH FD | 529900102 | 3,352,438 | $18.6M | 0.59% |
| 47 | CRANE HARBOR ACQ CRP; TNT AC DT: 4/24/2027; CASH: $10.00 | CR | 1,813,250 | $18.4M | 0.58% |
| 48 | GIGCAPITAL 7 ACQ CRP; TNT ACQ DT: 05/29/2026; CASH: $10.00 | GIGGW | 1,703,124 | $18.0M | 0.57% |
| 49 | BLACKROCK ENHANCED INTERNATIONAL DIVIDEND TRUST | BLK | 3,115,150 | $17.9M | 0.57% |
| 50 | EATON VANCE TAX-ADV GLOBAL DIV OPP FUND | ETN | 624,947 | $17.2M | 0.55% |
| 51 | BLACKROCK ENHANCED GLOBAL DIVIDEND TRUST | BLK | 1,484,752 | $17.2M | 0.54% |
| 52 | TEXAS VENTURES ACQ CRP III; TNT ACQ DT: 10/23/2026; CASH: $10.05 | G8772L105 | 1,471,700 | $15.8M | 0.50% |
| 53 | JPMORGAN BETABUILDERS JAPAN ETF | 46641Q217 | 229,681 | $15.2M | 0.48% |
| 54 | Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | ETN | 1,670,234 | $15.1M | 0.48% |
| 55 | EATON VANCE TAX-ADV DVD INC | ETN | 612,942 | $15.0M | 0.47% |
| 56 | CHARLTON ASIA ACQ CRP; TNT ACQ DT: 04/24/2026; CASH: $10.025 | CHARU | 1,443,029 | $14.9M | 0.47% |
| 57 | BLACKROCK SCIENCE & TECH TR | BLK | 361,100 | $14.9M | 0.47% |
| 58 | AGRICULTURE & NATURAL SOLUTIONS ACQ CRP; TNT ACQ DT: 11/10/2025; CASH: $10.00 | G0131Y100 | 1,339,618 | $14.6M | 0.46% |
| 59 | KEEN VISION ACQ CRP; TNT ACQ DT: 4/25/2024; CASH: $10.13 | KVACW | 1,235,460 | $14.2M | 0.45% |
| 60 | EATON VANCE TAX-MAN GLOBAL EQUITY FUND | ETN | 1,535,438 | $14.0M | 0.44% |
| 61 | ALLIANCE NATIONAL MUNICIPAL INCOME FUND | 01864u106 | 1,281,834 | $13.9M | 0.44% |
| 62 | COPLEY ACQ CRP; TNT ACQ DT: 4/30/2027; CASH: $10.05 | COPL-WT | 1,359,828 | $13.7M | 0.44% |
| 63 | ISHARES MSCI CDA ETF | 464286509 | 269,534 | $13.6M | 0.43% |
| 64 | PACER GLOBAL CASH COWS DIVIDEND | 69374H709 | 336,447 | $13.3M | 0.42% |
| 65 | EATON VANCE TAX-ADV GLOBAL DIV INCOME FUND | ETN | 613,194 | $13.0M | 0.41% |
| 66 | CALAMOS GLOBAL DYNAMIC INCOME FUND | 12811L107 | 1,665,758 | $12.6M | 0.40% |
| 67 | LAUNCH ONE ACP CRP; TNT ACQ DT: 7/12/2026; CASH: $10.00 | LPAAW | 1,186,750 | $12.5M | 0.39% |
| 68 | MFS INTER INCOME TR SH BEN INT | 55273C107 | 4,639,674 | $12.4M | 0.39% |
| 69 | MELAR ACQ CRP; TNT ACQ DT: 6/18/2025; CASH: $10.00 | MACIW | 1,146,655 | $12.0M | 0.38% |
| 70 | ISHARES EMU ETF | 464286608 | 193,297 | $12.0M | 0.38% |
| 71 | PIMCO CALIFORNIA MUNICIPAL INC | 72200N106 | 1,371,202 | $12.0M | 0.38% |
| 72 | K&F GROWTH ACQ CRP; TNT ACQ DT: 11/05/2026; CASH: $10.05 | KFIIU | 1,146,450 | $11.7M | 0.37% |
| 73 | LIONHEART HOLDINGS ACQ CRP; TNT ACQ DT: 6/18/2026; CASH $10.00 | CUBWW | 1,113,175 | $11.7M | 0.37% |
| 74 | AIMEI ACQ CRP; TNT ACQ DT: 12/02/2024; CASH: $10.10 | AFJKU | 1,025,794 | $11.6M | 0.37% |
| 75 | Virtus DVD Intrst & PRM STR | NFJ | 871,537 | $11.3M | 0.36% |
| 76 | ABERDEEN TOTAL DYNAMIC DIVID | 00326l100 | 1,137,303 | $10.8M | 0.34% |
| 77 | MAYWOOD ACQ CRP; TNT ACQ DT: 5/13/2026; CASH: $10.00 | MYXXU | 1,024,763 | $10.5M | 0.33% |
| 78 | MS CHINA A SHARE | MS-PQ | 606,287 | $10.1M | 0.32% |
| 79 | TEMPLETON DRAGON FD INC COM | 88018T101 | 865,720 | $10.1M | 0.32% |
| 80 | Duff & Phelps Utility & Inc | 26433C105 | 768,179 | $9.9M | 0.31% |
| 81 | MainStay CBRE GLOBAL INFRASTRUCTURE MEGATRENDS FUND | 56064Q107 | 630,869 | $9.3M | 0.29% |
| 82 | PANTAGES CAPITAL ACQUISITION C | PGACU | 887,400 | $9.1M | 0.29% |
| 83 | YHN ACQ CRP; TNT ACQ DT: 12/18/2025; CASH: $10.05 | YHNAU | 792,626 | $8.3M | 0.26% |
| 84 | Rising Dragon Acquisition Corp | RDACU | 750,300 | $7.8M | 0.25% |
| 85 | FLAG SHIP ACQ CRP; TNT ACQ DT: 6/18/2025; CASH $10.00 | FSHPR | 738,600 | $7.8M | 0.25% |
| 86 | ISHARES EUROPE ETF | 464287861 | 117,584 | $7.7M | 0.24% |
| 87 | CO2 ENERGY TRANSITION ACQ CRP; TNT ACQ DT: 5/21/2026; CASH: $10.05 | NOEMW | 737,471 | $7.5M | 0.24% |
| 88 | VIRTUS GLOBAL DIVIDEND & INCOME FUND | 92835W107 | 1,127,163 | $7.3M | 0.23% |
| 89 | ISHARES MSCI SOUTH KOREA IND | 464286772 | 90,710 | $7.3M | 0.23% |
| 90 | VOYAGER ACQ CRP; TNT ACQ DT: 8/9/2026; CASH: $10.05 | G93A7H104 | 671,441 | $7.0M | 0.22% |
| 91 | PLUM ACQ CRP IV; TNT ACQ DT: 7/15/2026; CASH: $10.10 | PLMKW | 677,700 | $7.0M | 0.22% |
| 92 | JAPAN SMALLER CAPTLZTN FD INC COM | JOF | 662,088 | $7.0M | 0.22% |
| 93 | BLACKROCK NEW YORK MUNICIPAL INCOME TRUST | BLK | 683,976 | $6.9M | 0.22% |
| 94 | MOUNTAIN LAKE ACQ CRP; TNT ACQ DT: 6/13/2026; CASH: $10.05 | MLACU | 670,220 | $6.9M | 0.22% |
| 95 | ISHARES BRAZIL ETF | 464286400 | 217,208 | $6.7M | 0.21% |
| 96 | ISHARES CORE DIVIDEND GROWTH ETF | 46434v621 | 97,006 | $6.6M | 0.21% |
| 97 | TRIDENT ACQ CORP; TNT ACQ DATE: 11/30/19; CASH $10.20 | G9008W105 | 616,775 | $6.4M | 0.20% |
| 98 | OYSTER ENTERPRICES ACQ CRP II; TNT ACQ DT: 5/22/2027; CASH: $10.00 | OYSEU | 619,717 | $6.2M | 0.20% |
| 99 | ISHARES MSCI DENMARK ETF | 46429B523 | 54,575 | $6.0M | 0.19% |
| 100 | SOULPOWER ACQ CRP; TNT ACQ DT: 4/2/2027; CASH: $10.00 | SOUL-UN | 581,250 | $5.9M | 0.19% |
| 101 | ARMADA ACQ CRP II; TNT ACQ DT: 5/16/2027; CASH: $10.00 | XRPNW | 547,500 | $5.7M | 0.18% |
| 102 | MFS GOVT MKTS INCOME TR SH BEN INT | 552939100 | 1,780,788 | $5.6M | 0.18% |
| 103 | THAYER VENTURES ACQ CRP II; TNT ACQ DT:3/15/2027; CASH:$10.00 | G87890102 | 521,100 | $5.2M | 0.17% |
| 104 | SRH TOTAL RETURN FUND INC | STEW | 285,837 | $5.2M | 0.16% |
| 105 | NEWBURY STREET ACQ CRP II; TNT ACQ DT: 10/31/2026; CASH: $10.05 | G6439S109 | 497,662 | $5.2M | 0.16% |
| 106 | BNY MELLON STRATEGIC MUNICIPAL BOND FUND INC | 09662E109 | 860,309 | $5.1M | 0.16% |
| 107 | FUTURE VISION ACQ CRP II; TNT ACQ DT: 03/21/2026; CASH: $10.05 | FVNNU | 480,769 | $5.0M | 0.16% |
| 108 | VOYA GLBL EQTY DIV & PREM OPP COM | 92912T100 | 821,202 | $4.9M | 0.15% |
| 109 | BLACKROCK SCIENCE AND TECHNOLOGY TRUST II | BLK | 216,520 | $4.8M | 0.15% |
| 110 | INVESCO MUNICIPAL TRUST | VKQ | 494,668 | $4.8M | 0.15% |
| 111 | VANGUARD BD INDEX FD INC SHORT TRM BOND | 921937827 | 59,720 | $4.7M | 0.15% |
| 112 | TEKLA LIFE SCIENCES INVESTORS | 87911k100 | 300,284 | $4.7M | 0.15% |
| 113 | MORGAN STANLEY INDIA INVS FD COM | MS-PQ | 175,552 | $4.6M | 0.15% |
| 114 | WESTERN ASSET MANAGED MUNICI | 95766M105 | 437,479 | $4.5M | 0.14% |
| 115 | ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND | EOD | 784,438 | $4.5M | 0.14% |
| 116 | TAIWAN FD INC COM | 874036106 | 80,651 | $4.4M | 0.14% |
| 117 | BLACKROCK MUNIVEST FUND II | BLK | 409,055 | $4.3M | 0.14% |
| 118 | ORIGIN ACQ CRP; TNT ACQ DT: 7/1/2027; CASH: $10.10 | G67751100 | 429,115 | $4.3M | 0.14% |
| 119 | OAK WOODS ACQ CRP; TNT ACQ DT: 3/24/2024; CASH: $10.175 | 67190B104 | 349,328 | $4.2M | 0.13% |
| 120 | NEW GERMANY FUND | 644465106 | 361,055 | $4.2M | 0.13% |
| 121 | VENDOME ACQ CRP; TNT ACQ DT: 7/1/2027; CASH: $10.00 | VNMEW | 400,023 | $4.0M | 0.13% |
| 122 | ALPHATIME ACQ CORP. TNT ACQ DT: 09/30/2023; CASH: $10.18 | G0223V105 | 332,084 | $4.0M | 0.13% |
| 123 | BLACKROCK MUNIYELD QUALITY FUND II | BLK | 369,564 | $3.7M | 0.12% |
| 124 | PIMCO NEW YORK MUNICIPAL II | 72200Y102 | 528,497 | $3.7M | 0.12% |
| 125 | DT CLOUD STAR ACQ CRP; TNT ACQ DT: 10/25/2025; CASH: $10.05 | DTSQU | 346,698 | $3.6M | 0.12% |
| 126 | RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND II | 76883Y107 | 272,085 | $3.6M | 0.11% |
| 127 | PELICAN ACQ CRP; TNT ACQ DT: 8/23/2026; CASH: $10.00 | PELI | 350,525 | $3.5M | 0.11% |
| 128 | EUREKA ACQ CRP; TNT ACQ DT: 1/12/2026; CASH $10.00 | EURKU | 326,825 | $3.5M | 0.11% |
| 129 | BLUE ACQ CRP; TNT ACQ DT: 03/13/2027; CASH: $10.00 | BACCU | 335,102 | $3.3M | 0.11% |
| 130 | BLACKROCK INCOME TR INC COM | BLK | 291,365 | $3.3M | 0.10% |
| 131 | First Trust ENH Equity Inc | 337318109 | 148,042 | $3.2M | 0.10% |
| 132 | LAKESHORE ACQ CRP III; TNT ACQ DT: 7/30/2026; CASH:$10.00 | LCCCU | 313,050 | $3.2M | 0.10% |
| 133 | UY SCUTI ACQ CRP; TNT ACQ DT: 9/30/2026; CASH: $10.00 | UYSCU | 308,711 | $3.1M | 0.10% |
| 134 | TITAN ACQ CRP; TNT ACQ DT: 4/8/2027; CASH: $10.05 | TACHW | 309,075 | $3.1M | 0.10% |
| 135 | ALPHAVEST ACQ CRP; TNT ACQ DT: 12/20/2023; CASH: $10.20 | G0283A108 | 261,100 | $3.1M | 0.10% |
| 136 | ARMADA CQ CRP UNIT II; TNT ACQ DT: 5/16/2027; CASH: $10.00 | XRPNW | 300,000 | $3.1M | 0.10% |
| 137 | STELLAR V CAPITAL ACQ CRP; TNT ACQ DT: 6/20/2026; CASH: $10.07 | SVCCW | 297,300 | $3.1M | 0.10% |
| 138 | CAL REDWOOD ACQ CRP; TNT ACQ DT: 5/23/2027; CASH:$10.00 | CRAQU | 304,115 | $3.0M | 0.10% |
| 139 | CAYSON ACQ CRP; TNT ACQ DT:9/20/2025; CASH: $10.00 | CAPNU | 285,541 | $3.0M | 0.09% |
| 140 | CALAMOS STRAT TOT RETURN FD | CSQ | 152,674 | $2.9M | 0.09% |
| 141 | RANGE CAPITAL ACQ CRP; TNT ACQ DT: 6/20/2026; CASH: $10.05 | G7375C108 | 284,560 | $2.9M | 0.09% |
| 142 | SIDDHI ACQ CRP; TNT ACQ DT: 4/1/2027; CASH: $10.05 | SDHIU | 270,650 | $2.7M | 0.09% |
| 143 | LAUNCH TWO ACQ CRP; TNT ACQ DT: 01/7/2026; CASH: $10.05 | LPBBW | 255,750 | $2.7M | 0.08% |
| 144 | PUTNAM MUNI OPPORTUNITIES | 746922103 | 256,492 | $2.6M | 0.08% |
| 145 | ANDRETTI ACQ CRP II; TNT ACQ DT: 9/6/2026; CASH: $10.05 | POLEW | 243,950 | $2.6M | 0.08% |
| 146 | KKR INCOME OPPORTUNITIES FUND | KKRT | 201,920 | $2.5M | 0.08% |
| 147 | BLACKROCK HEALTH SCIENCES | BLK | 68,319 | $2.5M | 0.08% |
| 148 | NABORS ENERGY ACQ CRP II; TNT ACQ DT: 7/14/2024; CASH: $10.15 | G6363K106 | 220,128 | $2.5M | 0.08% |
| 149 | RIBBON ACQ CRP; TNT ACQ DT: 1/15/2026; CASH: $10.00 | RIBBU | 225,287 | $2.3M | 0.07% |
| 150 | BLACKROCK MUNIYIELD FUND, INC. | BLK | 209,271 | $2.2M | 0.07% |
| 151 | COHEN CIRCLE ACQ CRP UNIT II; TNT ACQ DT: 7/1/2027; CASH: $10.00 | COHN | 210,075 | $2.2M | 0.07% |
| 152 | Eaton Vance Tax-Managed Buy-Write Opportunities Fund | ETN | 149,526 | $2.1M | 0.07% |
| 153 | GRAF INDUSTRIAL ACQ CORP; TNT ACQ DT: 9/7/2020; CASH $10.00 | g4036c106 | 199,275 | $2.1M | 0.07% |
| 154 | COLUMBUS ACQ CRP; TNT ACQ DT: 1/22/2026; CASH: $10.00 | COLAU | 201,437 | $2.1M | 0.07% |
| 155 | JOHN HANCOCK INCOME SECURITIES TRUST | 410123103 | 165,265 | $1.9M | 0.06% |
| 156 | VANGUARD TAX-EXEMPT BOND ETF | 922907746 | 38,422 | $1.9M | 0.06% |
| 157 | SIZZLE ACQ CRP II; TNT ACQ DT: 4/2/2027; CASH: $10.00 | SZZLU | 179,733 | $1.8M | 0.06% |
| 158 | BlackRock MuniHoldings New Jersey Quality Fund | BLK | 153,772 | $1.8M | 0.06% |
| 159 | RENATUS TACTICAL ACQ CRP UNIT; TNT ACQ DT: 5/15/2027; CASH: $10.025 | RTACW | 152,794 | $1.7M | 0.06% |
| 160 | SPDR S&P 500 ETF TR TR UNIT | SPY | 2,530 | $1.7M | 0.05% |
| 161 | PIONEER ACQ CRP; TNT ACQ DT: 6/18/2027; CASH: $10.00 | PACHW | 160,000 | $1.6M | 0.05% |
| 162 | GLOBA TERRA ACQ CRP; TNT ACQ DT: 10/08/2026; CASH: $10.00 | GTERW | 153,577 | $1.5M | 0.05% |
| 163 | BTC DEVELOPMENT ACQ CRP UNIT; TNT ACQ DT: 4/16/2027; CASH: $10.05 | BDCIW | 150,000 | $1.5M | 0.05% |
| 164 | GESHER ACQ CRP; TNT ACQ DT: 12/21/2026; CASH: $10.03 | GSHRW | 149,000 | $1.5M | 0.05% |
| 165 | DUNE ACQ CRP; TNT ACQ DT: 8/7/2026; CASH:$10.02 | IPODW | 146,000 | $1.5M | 0.05% |
| 166 | BLACKROCK MINVESTMENT QALITY MUNICIPAL TRUST | BLK | 123,531 | $1.4M | 0.04% |
| 167 | BLEICHROEDER STREET ACQ CRP; TNT ACQ DT: 10/31/2026; CASH: $10.00 | G1169T104 | 122,880 | $1.3M | 0.04% |
| 168 | SWISS HELVETIA FD INC COM | SWZ | 206,753 | $1.3M | 0.04% |
| 169 | CHAMPIONSGATE ACQ CRP; TNT ACQ DT: 11/27/2026; CASH: $10.05 | CHPGU | 119,680 | $1.2M | 0.04% |
| 170 | KOCHAV DEFENSE ACQ CRP; TNT ACQ DT: 11/28/2026; CASH: $10.00 | KCHVU | 114,987 | $1.2M | 0.04% |
| 171 | NEWHOLD INVESTMENT ACQ CRP III; TNT ACQ DT: 2/28/2027; CASH: $10.05 | G6486E102 | 107,600 | $1.1M | 0.03% |
| 172 | BLACKROCK MUNICIPAL INCOME QUALITY TRUST | BLK | 99,391 | $1.1M | 0.03% |
| 173 | ABERDEEN EMERGING MARKETS EQUITY INCOME FUND INC | 00301w105 | 161,906 | $1.0M | 0.03% |
| 174 | INDIGO ACQ CRP; TNT ACQ DT: 03/30/2027; CASH: $10.00 | INACU | 105,050 | $1.0M | 0.03% |
| 175 | BLACKROCK ENH CAP & INC FD INC COM | BLK | 43,410 | $998,430 | 0.03% |
| 176 | ORACLE CORP COM | ORCL-PD | 3,550 | $998,402 | 0.03% |
| 177 | BLUE WATER ACQ CRP III; TNT ACQ DT: 06/10/2027; CASH: $10.00 | G1368E106 | 98,170 | $977,773 | 0.03% |
| 178 | ROMAN DBDR ACQ CRP II; TNT ACQ DT: 12/17/2026; CASH: $10.05 | DRDBW | 87,875 | $906,782 | 0.03% |
| 179 | VINE HILL CAPITAL ACQ CRP; TNT ACQ DT: 6/26/2026; CASH: $10.05 | G93Y09107 | 84,665 | $906,762 | 0.03% |
| 180 | MICROSOFT CORP COM | MSFT | 1,700 | $880,515 | 0.03% |
| 181 | FOUR LEAF ACQ CRP; TNT ACQ DT: 3/17/2024; CASH: $10.30 | 35088F107 | 73,238 | $842,237 | 0.03% |
| 182 | SOLARIUS ACQ CRP; TNT ACQ DT: 4/16/2027; CASH: $10.05 | SOCAW | 75,615 | $753,125 | 0.02% |
| 183 | ABRDN AUSTRALIA EQUITY FUND | 003011103 | 162,446 | $745,627 | 0.02% |
| 184 | EQV VENTURES ACQ CRP V; TNT ACQ DT: 8/7/2026; CASH: $10.00 | G3106N109 | 65,800 | $683,004 | 0.02% |
| 185 | NUVEEN PENNSYLVANIA QUALITY MUNICIPAL INCOME FUND | NU | 55,905 | $670,860 | 0.02% |
| 186 | BEST SPAC ACQ CRP; TNT ACQ DT: 12/13/2026; CASH: $10.00 | BSAAU | 64,695 | $649,538 | 0.02% |
| 187 | BlackRock MuniYield Quality Fund III | BLK | 56,400 | $624,917 | 0.02% |
| 188 | INVESCO MUNICIPAL OPPORTUNITY | IVZ | 61,249 | $592,278 | 0.02% |
| 189 | SPDR BLOOMBERG 1-3 MONTH T-BILL ETF | 78468R663 | 6,290 | $577,108 | 0.02% |
| 190 | HOME DEPOT INC COM | HD | 1,400 | $567,266 | 0.02% |
| 191 | LILLY ELI & CO COM | LLY | 680 | $518,840 | 0.02% |
| 192 | ISHARES CORE MSCI EMERGING MARKETS ETF | 46434G103 | 6,795 | $447,926 | 0.01% |
| 193 | ISHARES TR MSCI ACWI EX US | 464288240 | 5,938 | $386,029 | 0.01% |
| 194 | JOHN HANCOCK T/A DVD INCOME | 41013v100 | 11,430 | $283,464 | 0.01% |
| 195 | ISHARES LEHMAN AGG BOND FUND | 464287226 | 2,760 | $276,690 | 0.01% |
| 196 | VANGUARD TOTAL WORLD STOCK ETF | 922042742 | 1,945 | $268,021 | 0.01% |
| 197 | DISNEY WALT CO COM DISNEY | 254687106 | 2,215 | $253,618 | 0.01% |
| 198 | ABBVIE INC COM | ABBV | 1,050 | $243,117 | 0.01% |
| 199 | BLACKROCK MUNIHOLDINGS QUALITY FUND II INC | BLK | 22,050 | $221,823 | 0.01% |
| 200 | EATON VANCE CALIFORNIA MUNICIPAL BOND FUND | ETN | 20,710 | $196,538 | 0.01% |
| 201 | DTF TAX-FREE INCOME INC COM | DTF | 11,535 | $131,845 | 0.00% |
| 202 | SILVER PEGASUS ACQ CRP; TNT ACQ DT: 1/15/2027; CASH: $10.00 | SPEGU | 12,500 | $124,625 | 0.00% |
| 203 | JOHN HANCOCK HEDGED EQUITY & INCOME FUND | HEQ | 10,713 | $114,093 | 0.00% |
| 204 | IRON HORSE ACQ CRP; TNT ACQ DT: 12/29/2024; CASH; $10.00 | UCFIW | 10,775 | $112,491 | 0.00% |