Karpus Management

Description:

Karpus Investment Management is a $750 million dollar independent Registered Investment Advisory firm based in Pittsford, New York. KIM excels at both domestic and international equity management.

Our methodology emphasizes:

Multi-asset/multi manager diversification: Reduces risk by minimizing the impact of any single investment style or asset class.

Closed-end funds: Exploits market inefficiencies to increase portfolio performance. Closed-end funds have a fixed number of shares, which typically trade at discounts to their net asset valueâ€"like buying a dollar for 75 cents.

Exchange-traded funds: If the discounts on closed-end funds are narrow to net asset value, KIM may use exchange-traded funds as a temporary alternative. This helps keep portfolios safe through diversification into large-cap, mid-cap and small-cap stocks, use of growth and value styles, and domestic and international exposure.

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