-----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, QR+6/c3SRFjhco9ku85bqvpY+F9j0PoI4TObGHtXCy5T7tizPUw+ZqOjR2PUu4Tu gT1n8u7lALugzU5ygb2M5g== 0001048703-05-000169.txt : 20051011 0001048703-05-000169.hdr.sgml : 20051010 20051011111522 ACCESSION NUMBER: 0001048703-05-000169 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20051011 DATE AS OF CHANGE: 20051011 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ACM MANAGED INCOME FUND INC /NY/ CENTRAL INDEX KEY: 0000838133 IRS NUMBER: 133482100 STATE OF INCORPORATION: NY FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41806 FILM NUMBER: 051131441 BUSINESS ADDRESS: STREET 1: MERRILL LYNCH ASSET MGMT STREET 2: 800 SCUDDERS MILL RD CITY: PLAINSBORO STATE: NJ ZIP: 08536 BUSINESS PHONE: 2129692127 MAIL ADDRESS: STREET 1: MERRILL LYNCH ASSET MGMT STREET 2: 800 SCUDDERS MILL RD CITY: PLAINSBORO STATE: NJ ZIP: 08536 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 SC 13D/A 1 amf10-05.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment 1) ACM Managed Income Fund, Inc. (AMF) (Name of Issuer) Common Stock (Title of Class of Securities) 000919100 (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 7, 2005 (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 ACM Managed Income Fund, Inc. Alliance Capital Management L.P. 1345 Avenue of the Americas New York, NY 10105 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 1,345,345 shares of AMF on behalf of accounts that are managed by KIM (?the Accounts?) under limited powers of attorney, which represents 5.32% 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 AMF fit the investment guidelines for various Accounts. Shares have been acquired since March 29, 2005. ITEM 5 Interest in Securities of the Issuer a) As of the date of this Report, KIM owns 1,697,715 shares, which represent 6.71% of the outstanding shares. George Karpus presently owns 2,200 shares purchased May 2, 2005 at $3.57 per share. Karpus Investment Management Profit Sharing Plan presently owns 3000 shares purchased on June 13, 2005 at $3.66. Karpus Investment Management Defined Benefit Plan currently owns 4500 shares purchased July 29, 2005 at $3.67 (3700 shares), August 9, 10, 11, and 12 at $3.63 (800 shares). Sophie Karpus presently owns 2000 shares purchased May 17, 2005 at $3.55. None of the other Principals of KIM currently owns shares of AMF. 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 8/3/2005 5085 3.68 9/1/2005 12600 3.69 8/4/2005 12700 3.67 9/2/2005 5000 3.72 8/5/2005 5050 3.65 9/6/2005 5000 3.72 8/8/2005 11600 3.61 9/7/2005 21825 3.68 8/9/2005 56550 3.63 9/8/2005 8800 3.68 8/10/2005 15300 3.62 9/9/2005 8570 3.66 8/11/2005 50150 3.63 9/12/2005 1600 3.68 8/12/2005 27500 3.65 9/13/2005 26065 3.68 8/15/2005 7200 3.65 9/14/2005 6400 3.68 8/16/2005 11100 3.66 9/15/2005 11500 3.68 8/17/2005 19100 3.66 9/16/2005 13100 3.70 8/18/2005 22860 3.66 9/19/2005 17200 3.69 8/19/2005 1630 3.62 9/20/2005 20260 3.68 8/22/2005 4350 3.64 9/21/2005 20220 3.69 8/23/2005 10700 3.64 9/22/2005 17000 3.68 8/24/2005 9200 3.64 9/23/2005 84300 3.65 8/25/2005 4300 3.69 9/26/2005 21600 3.63 8/26/2005 9600 3.69 9/27/2005 4100 3.64 8/29/2005 10600 3.71 9/28/2005 9600 3.66 8/30/2005 31300 3.69 9/29/2005 13100 3.62 8/31/2005 29270 3.68 9/30/2005 16530 3.62 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 AMF 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 7, 2005 By: _________________________ Date Signature Dana R. Consler, Senior Vice President Name /Title -----END PRIVACY-ENHANCED MESSAGE-----