-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Q7+/+CSvEdfMMIMErqNufm82oZ8F4LmGCMEIpRspY00OY0ABGJp0WJ7d7Up/O5ff f8DPL+miibXl5VkryiJnig== 0001048703-04-000157.txt : 20041008 0001048703-04-000157.hdr.sgml : 20041008 20041008152801 ACCESSION NUMBER: 0001048703-04-000157 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20041008 DATE AS OF CHANGE: 20041008 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KARPUS MANAGEMENT INC CENTRAL INDEX KEY: 0001048703 IRS NUMBER: 161290550 STATE OF INCORPORATION: NY FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 14 TOBEY VILLAGE OFFICE PARK CITY: PITTSFORD STATE: NY ZIP: 14534 BUSINESS PHONE: 7165864680 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SCUDDER INTERMEDIATE GOVERNMENT & AGENCY TRUST CENTRAL INDEX KEY: 0000832925 IRS NUMBER: 363604477 STATE OF INCORPORATION: MA FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-59107 FILM NUMBER: 041072176 BUSINESS ADDRESS: STREET 1: 222 SOUTH RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3125371569 MAIL ADDRESS: STREET 1: 222 SOUTH RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INTERMEDIATE GOVERNMENT TRUST DATE OF NAME CHANGE: 20010123 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER INTERMEDIATE GOVERNMENT TRUST DATE OF NAME CHANGE: 19920703 SC 13D/A 1 kgt10-04.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 5) Scudder Intermediate Government Trust. (KGT) (Name of Issuer) Common Stock (Title of Class of Securities) 811163104 (CUSIP Number) George W. Karpus, President Karpus Management, Inc. d/b/a Karpus Investment Management 183 Sullys Trail Pittsford, New York 14534 (585) 586-4680 (Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications) October 8, 2004 (Date of Event which requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is subject of this Schedule 13D, and if filing this schedule because of Rule 13d-1(b) (3) or (4), check the following box. [ ] (Page 1 of 4 pages) ITEM 1 Security and Issuer Common Stock Scudder Intermediate Government Trust Scudder Investment Funds 345 Park Avenue New York, New York 10154 ITEM 2 Identity and Background a) Karpus Management, Inc., d/b/a Karpus Investment Management (?KIM?) George W. Karpus, President, Director, and controlling stockholder JoAnn Van Degriff, Vice President and Director Sophie Karpus, Director b) 183 Sullys Trail Pittsford, New York 14534 c) Principal business and occupation - Investment Management for individuals, pension, and profit sharing plans, corporations, endowments, trust, and others, specializing in conservative asset management (i.e. fixed income investments). d) None of George W. Karpus, Jo Ann Van Degriff or Sophie Karpus (?the Principals?) or KIM has been convicted in the past 5 years of any criminal proceeding (excluding traffic violations). e) During the last 5 years none of the Principals or KIM has been a party to a civil proceeding as a result of which any of them is subject to a judgment, decree, or final order enjoining future violations of or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. f) Each of the Principals is a United States citizen. KIM is a New York corporation. ITEM 3 Source and Amount of Funds or Other Considerations KIM, an independent investment advisor, has accumulated 1,748,105 shares of KGT on behalf of accounts that are managed by KIM (?the Accounts?) under limited powers of attorney, which represents 5.60% of the outstanding shares. All funds that have been utilized in making such purchases are from such Accounts. ITEM 4 Purpose of Transaction KIM has purchased Shares for investment purposes. Being primarily a conservative, fixed income manager, with a specialty focus in the closed end fund sector, the profile of KGT fit the investment guidelines for various Accounts. Shares have been acquired since April 10, 2001. ITEM 5 Interest in Securities of the Issuer a) As of the date of this Report, KIM owns 1,836,455 shares, which represent 5.88 % of the outstanding shares. Sophie Karpus (Director) presently owns 750 shares purchased on January 31, 2003 at a price of $6.95 per share. KIM Profit Sharing Plan owns 2,600 shares purchased on June 23, 2003 at a price of $7.06 (1200 shares) and December 26 at $6.72 (600 shares), July 30 at $6.51 (800 shares). None of the other Principals of KIM currently owns shares of KGT. b) KIM has the sole power to dispose of and to vote all such Shares under limited powers of attorney. c) Below are the open market purchases in the last 60 days for the Accounts. There have been no dispositions and no acquisition, other than by such open market purchases, during such period. DATE SHARES PRICE PER DATE SHARES PRICE PER SHARE SHARE 8/9/2004 400 6.56 9/1/2004 900 6.65 8/10/2004 7800 6.59 9/2/2004 10300 6.64 8/11/2004 7000 6.59 9/7/2004 1830 6.62 8/12/2004 3550 6.56 9/9/2004 - -5000 6.64 8/13/2004 1000 6.60 9/14/2004 8310 6.65 8/19/2004 - -21000 6.61 9/17/2004 1200 6.68 8/19/2004 450 6.60 9/22/2004 - -300 6.69 8/20/2004 2700 6.62 9/23/2004 17350 6.68 8/23/2004 2000 6.62 9/24/2004 2500 6.66 8/24/2004 3300 6.62 9/27/2004 1900 6.70 8/25/2004 1300 6.62 9/29/2004 1600 6.64 8/26/2004 1700 6.62 9/30/2004 500 6.65 8/27/2004 6000 6.62 8/31/2004 100 6.62 The Accounts have the right to receive all dividends from, and any proceeds from the sale of the Shares. None of the Accounts has an interest in Shares constituting more than 5% of the Shares outstanding. ITEM 6 Contracts, Arrangements, Understandings, or Relationships with Respect to Securities of the Issuer Except as described above, there are no contracts, arrangement, understandings or relationships of any kind among the Principals and KIM and between any of them and any other person with respect to any of the KGT securities. ITEM 7 Materials to be Filed as Exhibits Not applicable Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Karpus Management, Inc. October 8, 2004 By: _________________________ Date Signature Sharon Thornton, Senior Tax Exempt Analyst / P.M. Name /Title -----END PRIVACY-ENHANCED MESSAGE-----