Karpus Management, Inc. Buys Vanguard Total Bond Market ETF, Vanguard FTSE Emerging Markets ETF, Hennessy Capital Acquisition Corp IV, Sells GigCapital Inc, SPDR S&P 500 ETF Trust, BNY Mellon Municipal Income,

• New Purchases: HCAC, TRNE, IEUR, ACWI, SHLL, SWZ, JCE, V,
• Added Positions: BND, NAD, VWO, EVM, FAM, VUG, SUB, BWMC, MNCL, AMCI, TMCX, DGRO, BYM, LFAC, CFFA, MUDS, DUC, MQT, VGK, BSV, FMCI, BLV, HNW, VEU, MHN, MYN, BFZ, WIA, CEV, EVY, BSE, SHM, EGIF, KMF, ACWX, JEQ, MUE, MUS,
• Reduced Positions: EIM, VOO, SPY, CLM, BTT, CRF, VBF, MQY, ADX, VB, AEF, MHF, VPV, VTI, VGM, BKT, EVN, AESE, NXQ, EOI, KTF, BNY, INSI, PACQ, NAN, VMO, ENX, FMN, EWJ, TDAC, NHA, THQ, VTIQ, NYV, GRX, EWC, WIW, MIY, MCA, BQH, JRS, MNE, NUO, EMF, IEV, EEA, EEM, PFE, ORCL, OPES, MNP, INB, BGY, NIE, AOD, DTF, ETG, BFY, NKX,
• Sold Out: GIG, DMF, BKN, BRPA, MCN, APF, CII, SCD, VKQ, WEA, IQI, PMO, IGA, NXC, IGD, PHT, NXP, NXR, IPOA, LOW, INTC,

For the details of Karpus Management, Inc.'s stock buys and sells, go to https://www.gurufocus.com/guru/karpus+management%2C+inc./current-portfolio/portfolio

1. Vanguard S&P 500 ETF (VOO) - 1,102,465 shares, 11.31% of the total portfolio. Shares reduced by 6.35%
2. Nuveen AMT-Free Municipal Income Fund (NEA) - 13,037,632 shares, 6.86% of the total portfolio. Shares added by 0.16%
3. Nuveen Quality Municipal Income Fund (NAD) - 9,878,874 shares, 5.27% of the total portfolio. Shares added by 10.27%
4. Eaton Vance Municipal Bond Fund (EIM) - 9,500,938 shares, 4.50% of the total portfolio. Shares reduced by 15.75%
5. Vanguard Small-Cap ETF (VB) - 655,835 shares, 3.92% of the total portfolio. Shares reduced by 2.77%

Karpus Management, Inc. initiated holding in Hennessy Capital Acquisition Corp IV. The purchase prices were between $9.81 and $10.05, with an estimated average price of $9.88. The stock is now traded at around $9.99. The impact to a portfolio due to this purchase was 0.31%. The holding were 825,150 shares as of .

Karpus Management, Inc. initiated holding in Trine Acquisition Corp. The purchase prices were between $9.7 and $9.75, with an estimated average price of $9.72. The stock is now traded at around $9.77. The impact to a portfolio due to this purchase was 0.16%. The holding were 422,425 shares as of .

Karpus Management, Inc. initiated holding in iShares Core MSCI Europe ETF. The purchase prices were between $43.78 and $46.6, with an estimated average price of $45.52. The stock is now traded at around $44.47. The impact to a portfolio due to this purchase was 0.09%. The holding were 49,354 shares as of .

Karpus Management, Inc. initiated holding in iShares MSCI ACWI Index Fund. The purchase prices were between $70.09 and $74.72, with an estimated average price of $72.93. The stock is now traded at around $72.19. The impact to a portfolio due to this purchase was 0.04%. The holding were 15,255 shares as of .

Karpus Management, Inc. initiated holding in Tortoise Acquisition Corp. The purchase prices were between $9.68 and $9.85, with an estimated average price of $9.71. The stock is now traded at around $9.82. The impact to a portfolio due to this purchase was 0.02%. The holding were 50,000 shares as of .

Karpus Management, Inc. initiated holding in Swiss Helvetia Fund Inc. The purchase prices were between $7.45 and $7.92, with an estimated average price of $7.64. The stock is now traded at around $8.03. The impact to a portfolio due to this purchase was 0.01%. The holding were 19,903 shares as of .

Karpus Management, Inc. added to a holding in Vanguard Total Bond Market ETF by 322.26%. The purchase prices were between $79.71 and $82.68, with an estimated average price of $80.89. The stock is now traded at around $84.74. The impact to a portfolio due to this purchase was 0.65%. The holding were 269,646 shares as of .

Karpus Management, Inc. added to a holding in Vanguard FTSE Emerging Markets ETF by 23.42%. The purchase prices were between $39.79 and $44.01, with an estimated average price of $42.07. The stock is now traded at around $40.24. The impact to a portfolio due to this purchase was 0.41%. The holding were 1,343,907 shares as of .

Karpus Management, Inc. added to a holding in Eaton Vance California Municipal Bond Fund by 41.52%. The purchase prices were between $10.49 and $11.06, with an estimated average price of $10.76. The stock is now traded at around $11.52. The impact to a portfolio due to this purchase was 0.26%. The holding were 2,135,103 shares as of .

Karpus Management, Inc. added to a holding in First Trust/aberdeen Global Oppo Income by 37.29%. The purchase prices were between $9.77 and $10.4, with an estimated average price of $10. The stock is now traded at around $10.56. The impact to a portfolio due to this purchase was 0.24%. The holding were 2,235,365 shares as of .

Karpus Management, Inc. added to a holding in Vanguard Growth ETF by 23.35%. The purchase prices were between $151.09 and $165.38, with an estimated average price of $160.22. The stock is now traded at around $166.76. The impact to a portfolio due to this purchase was 0.23%. The holding were 194,620 shares as of .

Karpus Management, Inc. added to a holding in iShares Short-Term National Muni Bond ETF by 444.85%. The purchase prices were between $105.75 and $106.57, with an estimated average price of $106.08. The stock is now traded at around $107.10. The impact to a portfolio due to this purchase was 0.18%. The holding were 55,030 shares as of .

Karpus Management, Inc. sold out a holding in GigCapital Inc. The sale prices were between $10.15 and $10.41, with an estimated average price of $10.28.

Karpus Management, Inc. sold out a holding in BNY Mellon Municipal Income, Inc.. The sale prices were between $8.24 and $8.59, with an estimated average price of $8.44.

Karpus Management, Inc. sold out a holding in Blackrock Investment Quality Muni Tr. The sale prices were between $14.15 and $15, with an estimated average price of $14.59.

Karpus Management, Inc. sold out a holding in Madison/claymore Covr Call & EqtStrtgFd. The sale prices were between $6.34 and $6.84, with an estimated average price of $6.64.

Karpus Management, Inc. sold out a holding in Big Rock Partners Acquisition Corp. The sale prices were between $10.33 and $10.8, with an estimated average price of $10.4.

Karpus Management, Inc. sold out a holding in Morgan Stanley Asia Pacific Fund Inc. The sale prices were between $16.45 and $16.78, with an estimated average price of $16.68.