0000919574-14-002854.txt : 20140508 0000919574-14-002854.hdr.sgml : 20140508 20140508160036 ACCESSION NUMBER: 0000919574-14-002854 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140331 FILED AS OF DATE: 20140508 DATE AS OF CHANGE: 20140508 EFFECTIVENESS DATE: 20140508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Gramercy Funds Management LLC CENTRAL INDEX KEY: 0001548836 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14946 FILM NUMBER: 14824787 BUSINESS ADDRESS: STREET 1: 20 DAYTON AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-552-1900 MAIL ADDRESS: STREET 1: 20 DAYTON AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001548836 XXXXXXXX 03-31-2014 03-31-2014 false Gramercy Funds Management LLC

20 Dayton Avenue Greenwich CT 06830

13F HOLDINGS REPORT 028-14946 N Tony Tessitore 203-552-1908 /s/ Tony Tessitore Greenwich CT 05-08-2014 0 67 283520 INFORMATION TABLE 2 infotable.xml ABERDEEN EMERGING MKTS SMALL COM 00301T102 910 68443 SH SOLE 68443 0 0 ABERDEEN INDONESIA FD INC COM 00305P106 781 82765 SH SOLE 82765 0 0 ABERDEEN ISRAEL FUND INC COM 00301L109 2300 126191 SH SOLE 126191 0 0 ABERDEEN LATIN AMER EQTY FD COM 00306K106 3140 113048 SH SOLE 113048 0 0 ADAMS EXPRESS CO COM 006212104 29436 2267777 SH SOLE 2267777 0 0 ASIA PAC FD INC COM 044901106 392 37900 SH SOLE 37900 0 0 BANCROFT FUND LTD COM 059695106 947 48439 SH SOLE 48439 0 0 BANRO CORP COM 066800103 5552 11482167 SH SOLE 11482167 0 0 BLACKROCK ECOSOLUTIONS INVT COM SH 092546100 49 6100 SH SOLE 6100 0 0 BOULDER GROWTH & INCOME FD I COM 101507101 5442 669319 SH SOLE 669319 0 0 BOULDER TOTAL RETURN FD INC COM 101541100 5992 246262 SH SOLE 246262 0 0 CENTRAL EUR RUSS & TURK FD I COM 153436100 2784 105958 SH SOLE 105958 0 0 CENTRAL SECS CORP COM 155123102 12493 558452 SH SOLE 558452 0 0 CHINA FD INC COM 169373107 1497 75200 SH SOLE 75200 0 0 CLOUGH GLOBAL ALLOCATION FD COM 18913Y103 2431 160155 SH SOLE 160155 0 0 CLOUGH GLOBAL EQUITY FD COM 18914C100 928 60200 SH SOLE 60200 0 0 CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 198 15500 SH SOLE 15500 0 0 COHEN & STEERS INFRASTRUCTUR COM 19248A109 4 200 SH SOLE 200 0 0 COHEN & STEERS QUALITY RLTY COM 19247L106 1438 136600 SH SOLE 136600 0 0 DENALI FD INC COM 24823A102 1373 67095 SH SOLE 67095 0 0 DIREXION SHS ETF TR DLY RUSSIA BUL 25459Y645 44 2700 SH SOLE 2700 0 0 DIREXION SHS ETF TR DL FTSE BLL 3X 25459W771 9239 397900 SH SOLE 397900 0 0 DIVIDEND & INCOME FUND COM NEW 25538A204 322 21080 SH SOLE 21080 0 0 DUFF & PHELPS GLB UTL INC FD COM 26433C105 2316 117000 SH SOLE 117000 0 0 ELLSWORTH FUND LTD COM 289074106 985 114557 SH SOLE 114557 0 0 EUROPEAN EQUITY FUND COM 298768102 1878 207311 SH SOLE 207311 0 0 FIRST TR/ABERDEEN EMERG OPT COM 33731K102 296 16435 SH SOLE 16435 0 0 GABELLI GLOBL UTIL & INCOME COM SH BEN INT 36242L105 111 5602 SH SOLE 5602 0 0 GENERAL AMERN INVS INC COM 368802104 28386 805743 SH SOLE 805743 0 0 INDIA FD INC COM 454089103 1115 48400 SH SOLE 48400 0 0 ISHARES MSCI EMG MKT ETF 464287234 5778 140900 SH SOLE 140900 0 0 ISHARES MSCI SWEDEN ETF 464286756 161 4400 SH SOLE 4400 0 0 ISHARES MSCI JAPAN ETF 464286848 1909 168500 SH SOLE 168500 0 0 ISHARES MSCI UK ETF 464286699 737 35800 SH SOLE 35800 0 0 ISHARES EMU ETF 464286608 778 18400 SH SOLE 18400 0 0 ISHARES CHINA LG-CAP ETF 464287184 8337 233000 SH SOLE 233000 0 0 ISHARES EUROPE ETF 464287861 763 15800 SH SOLE 15800 0 0 JAPAN EQUITY FD INC COM 471057109 1422 217820 SH SOLE 217820 0 0 JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 1005 114754 SH SOLE 114754 0 0 JPMORGAN CHINA REGION FD INC COM 48126T104 1446 101547 SH SOLE 101547 0 0 KOREA EQUITY FD INC COM 50063B104 1480 179867 SH SOLE 179867 0 0 KOREA FD COM NEW 500634209 2112 52647 SH SOLE 52647 0 0 LATIN AMERN DISCOVERY FD INC COM 51828C106 535 41485 SH SOLE 41485 0 0 LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 12269 2086488 SH SOLE 2086488 0 0 MACQUARIE GLBL INFRA TOTL RE COM 55608D101 1504 63997 SH SOLE 63997 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 1770 75000 SH SOLE 75000 0 0 MEXICO EQUITY & INCOME FD COM 592834105 2771 190982 SH SOLE 190982 0 0 MORGAN STANLEY ASIA PAC FD I COM 61744U106 8279 490460 SH SOLE 490460 0 0 MORGAN STANLEY EASTN EUR FD COM 616988101 646 35880 SH SOLE 35880 0 0 MORGAN STANLEY INDIA INVS FD COM 61745C105 6615 338867 SH SOLE 338867 0 0 NEUBERGER BERMAN RE ES SEC F COM 64190A103 184 39000 SH SOLE 39000 0 0 NEW GERMANY FD INC COM 644465106 2142 110090 SH SOLE 110090 0 0 NEW IRELAND FUND INC COM 645673104 832 57886 SH SOLE 57886 0 0 PETROLEUM & RES CORP COM 716549100 16619 595221 SH SOLE 595221 0 0 RMR REAL ESTATE INCOME FUND COM 76970B101 112 6019 SH SOLE 6019 0 0 ROYCE MICRO-CAP TR INC COM 780915104 8147 665608 SH SOLE 665608 0 0 ROYCE VALUE TR INC COM 780910105 27043 1719225 SH SOLE 1719225 0 0 SPDR INDEX SHS FDS EURO STOXX 50 78463X202 772 18100 SH SOLE 18100 0 0 SWISS HELVETIA FD INC COM 870875101 77 5336 SH SOLE 5336 0 0 TAIWAN FD INC COM 874036106 990 52413 SH SOLE 52413 0 0 THAI FD INC COM 882904105 8104 748299 SH SOLE 748299 0 0 TRI CONTL CORP COM 895436103 27076 1348408 SH SOLE 1348408 0 0 TURKISH INVT FD INC COM 900145103 126 11705 SH SOLE 11705 0 0 VIRTUS TOTAL RETURN FD COM 92829A103 198 44724 SH SOLE 44724 0 0 WISDOMTREE TR COM 97717W851 559 11800 SH SOLE 11800 0 0 WISDOMTREE TR INDIA ERNGS FD 97717W422 5442 287000 SH SOLE 287000 0 0 ZWEIG FD COM NEW 989834205 2001 131737 SH SOLE 131737 0 0