0001140361-12-024164.txt : 20120510 0001140361-12-024164.hdr.sgml : 20120510 20120510104732 ACCESSION NUMBER: 0001140361-12-024164 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120510 DATE AS OF CHANGE: 20120510 EFFECTIVENESS DATE: 20120510 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: 12828274 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 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 3/31/2012 Check here if Amendment []; Amendment Number: ------- This Amendment (Check only one.): [] is a restatement. [] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Gramercy Funds Management LLC Address: 20 Dayton Avenue Greenwich, CT 06830 Form 13F File Number: 28- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Tony Tessitore Title: Managing Director Phone: (203) 552-1908 Signature, Place, and Date of Signing: /s/ Tony Tessitore Greenwich, CT 5/1/2012 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 65 Form 13F Information Table Value Total: $ 254,338.00 -------------- List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- Aberdeen Emerging Markets Common Stock 00301T102 2,652 136,906 SH SOLE 136,906 0 0 Telecommunications and Infrastructure Fund Inc Aberdeen Israel Fund Inc Common Stock 00301L109 1,655 118,315 SH SOLE 118,315 0 0 Aberdeen Latin America Equity Fund Common Stock 00306K106 252 7,109 SH SOLE 7,109 0 0 Inc Adams Express Co Common Stock 006212104 29,231 2,662,190 SH SOLE 2,662,190 0 0 Alpine Global Premier Properties Fund Common Stock 02083A103 1,259 193,626 SH SOLE 193,626 0 0 Asia Pacific Fund Inc/The Common Stock 044901106 437 41,315 SH SOLE 41,315 0 0 Bancroft Fund Ltd Common Stock 059695106 2,144 128,480 SH SOLE 128,480 0 0 Boulder Growth & Income Fund Inc Common Stock 101507101 4,663 743,656 SH SOLE 743,656 0 0 Boulder Total Return Fund Inc Common Stock 101541100 6,443 377,878 SH SOLE 377,878 0 0 Calamos Strategic Total Return Fund Common Stock 128125101 5,851 585,141 SH SOLE 585,141 0 0 Central Europe and Russia Fund Common Stock 153436100 200 5,700 SH SOLE 5,700 0 0 Inc/The Central Securities Corp Common Stock 155123102 15,100 682,662 SH SOLE 682,662 0 0 Clough Global Allocation Fund Common Stock 18913Y103 3,400 243,874 SH SOLE 243,874 0 0 Clough Global Equity Fund Common Stock 18914C100 1,329 101,541 SH SOLE 101,541 0 0 Clough Global Opportunities Fund Common Stock 18914E106 6,874 583,568 SH SOLE 583,568 0 0 Denali Fund/The Common Stock 24823A102 993 67,095 SH SOLE 67,095 0 0 Eaton Vance Enhanced Equity Income Common Stock 278274105 1,160 104,881 SH SOLE 104,881 0 0 Fund Eaton Vance Risk-Managed Diversified Common Stock 27829G106 5,021 474,157 SH SOLE 474,157 0 0 Equity Income Fund Eaton Vance Tax-Managed Buy-Write Common Stock 27828Y108 1,966 151,954 SH SOLE 151,954 0 0 Opportunities Fund Ellsworth Fund Ltd Common Stock 289074106 2,524 343,349 SH SOLE 343,349 0 0 European Equity Fund Inc/The Common Stock 298768102 1,967 290,129 SH SOLE 290,129 0 0 First Trust Enhanced Equity Income Common Stock 337318109 2,306 190,862 SH SOLE 190,862 0 0 Fund Gabelli Dividend & Income Trust Common Stock 36242H104 10,723 654,621 SH SOLE 654,621 0 0 Gabelli Healthcare & WellnessRx Common Stock 36246K103 2,026 243,501 SH SOLE 243,501 0 0 Trust/The Gabelli Multimedia Trust Inc Common Stock 36239Q109 53 7,343 SH SOLE 7,343 0 0 GDL Fund/The Common Stock 361570104 2,804 228,525 SH SOLE 228,525 0 0 General American Investors Co Inc Common Stock 368802104 12,861 443,473 SH SOLE 443,473 0 0 Guggenheim Enhanced Equitystrategy Common Stock 40167K100 622 36,170 SH SOLE 36,170 0 0 Fund H&Q Healthcare Investors Common Stock 404052102 1,814 110,138 SH SOLE 110,138 0 0 India Fund Inc/The Common Stock 454089103 3,487 156,380 SH SOLE 156,380 0 0 iShares FTSE China 25 Index Fund Common Stock 464287184 125 3,400 SH SOLE 3,400 0 0 iShares MSCI Brazil Index Fund Common Stock 464286400 265 4,100 SH SOLE 4,100 0 0 iShares MSCI South Africa Index Fund Common Stock 464286780 200 2,900 SH SOLE 2,900 0 0 iShares MSCI South Korea Index Fund Common Stock 464286772 268 4,500 SH SOLE 4,500 0 0 iShares MSCI Taiwan Index Fund Common Stock 464286731 283 21,100 SH SOLE 21,100 0 0 Japan Smaller Capitalization Fund Inc Common Stock 47109U104 3,625 463,005 SH SOLE 463,005 0 0 JF China Region Fund Inc Common Stock 46614T107 2,018 158,502 SH SOLE 158,502 0 0 Korea Equity Fund Inc Common Stock 50063B104 2,772 284,569 SH SOLE 284,569 0 0 Korea Fund Inc/The Common Stock 500634209 256 6,321 SH SOLE 6,321 0 0 Latin American Discovery Fund Inc Common Stock 51828C106 111 6,800 SH SOLE 6,800 0 0 Lazard World Dividend & Income Fund Common Stock 521076109 429 35,133 SH SOLE 35,133 0 0 Inc Liberty All Star Equity Fund Common Stock 530158104 11,795 2,392,519 SH SOLE 2,392,519 0 0 Liberty All Star Growth Fund Inc Common Stock 529900102 2,016 463,543 SH SOLE 463,543 0 0 Macquarie Global Infrastructure Common Stock 55608D101 3,330 180,484 SH SOLE 180,484 0 0 Total Return Fund Inc Madison Strategic Sector Premium Fund Common Stock 558268108 2,260 191,363 SH SOLE 191,363 0 0 Madison/Claymore Covered Call & Common Stock 556582104 2,044 247,099 SH SOLE 247,099 0 0 Equity Strategy Fund Malaysia Fund Inc Common Stock 560905101 85 8,242 SH SOLE 8,242 0 0
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------- -------------- --------- -------- ------------------ ---------- -------- --------------------- SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- Mexico Equity and Income Fund Inc Common Stock 592834105 1,317 115,508 SH SOLE 115,508 0 0 Morgan Stanley Asia Pacific Fund Inc Common Stock 61744U106 8,494 571,607 SH SOLE 571,607 0 0 Morgan Stanley India Investment Fund Common Stock 61745C105 557 33,621 SH SOLE 33,621 0 0 Inc Neuberger Berman Real Estate Common Stock 64190A103 1,052 245,772 SH SOLE 245,772 0 0 Securities Income Fund Inc New Germany Fund Inc/The Common Stock 644465106 7,192 476,915 SH SOLE 476,915 0 0 Petroleum & Resources Corp Common Stock 716549100 13,028 501,287 SH SOLE 501,287 0 0 RENN Global Entrepreneurs Fund Common Stock 759720105 37 19,062 SH SOLE 19,062 0 0 RMR Real Estate Income Fund Common Stock 76970B101 3,839 238,460 SH SOLE 238,460 0 0 Royce Micro-Cap Trust Inc Common Stock 780915104 52 5,575 SH SOLE 5,575 0 0 Royce Value Trust Inc Common Stock 780910105 14,005 1,008,284 SH SOLE 1,008,284 0 0 Source Capital Inc Common Stock 836144105 1,758 33,195 SH SOLE 33,195 0 0 SPDR S&P Emerging Latin America ETF Common Stock 78463X707 95 1,200 SH SOLE 1,200 0 0 Taiwan Fund Inc/The Common Stock 874036106 4,794 284,850 SH SOLE 284,850 0 0 Templeton Dragon Fund Inc Common Stock 88018T101 360 12,683 SH SOLE 12,683 0 0 Thai Capital Fund Inc/The Common Stock 882905201 592 51,117 SH SOLE 51,117 0 0 Thai Fund Inc/The Common Stock 882904105 6,732 422,328 SH SOLE 422,328 0 0 Tri-Continental Corp Common Stock 895436103 20,733 1,302,328 SH SOLE 1,302,328 0 0 Zweig Total Return Fund Inc/The Common Stock 989837109 6,003 1,875,901 SH SOLE 1,875,901 0 0