Karpus Management, Inc.
Annual return '25
+16.2%
SPY '25
+17.7%
Alpha
-1.5ptsvs SPY
Invested
$3.2B
Holdings
224
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 98%. 3 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$VOO
VANGUARD INDEX FDS S&P 500 ETF SH
Q4 2025: Exited (was 443.5k shares)
7.3%
02
$MHD
BLACKROCK MUNIHOLDINGS FUND INC
Q4 2025: Exited (was 7.16M shares)
7.1%
03
$BLV
VANGUARD BD INDEX FD INC LONG TERM BOND
Q4 2025: Exited (was 1.63M shares)
4.2%
04
$BTT
BLACKROCK 2030 MUNICIPAL TARGET TERM TRUST
Q4 2025: Exited (was 4.41M shares)
3.3%
05
$VB
VANGUARD INDEX FDS SMALL CP ETF
Q4 2025: Exited (was 329.9k shares)
2.6%
06
$MYN
BLACKROCK MUNIYIELD NEW YORK QUALITY FUND INC
Q4 2025: Exited (was 2.55M shares)
2.5%
07
$VEU
VANGUARD INTL EQUITY INDEX FD ALLWRLD EX US
Q4 2025: Exited (was 742.0k shares)
2.3%
08
$VWO
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF
Q4 2025: Exited (was 1.24M shares)
2.2%
09
$WIA
WESTERN ASSET CLYM INFL SEC IN COM SH BEN INT
Q4 2025: Exited (was 7.85M shares)
2.1%
10
$FINS
ANGEL OAK FINANCIAL STRATEGIES INCOME TERM TRUST
Q4 2025: Exited (was 5.31M shares)
1.9%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 06:29 UTC.