13F-HR/A 1 form13f093007.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2007 Check here if Amendment [x]; Amendment Number: 8 This Amendment (Check only one.): [ ] is a restatement. [x] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Karpus Investment Management Address: 183 Sully's Trail Pittsford, New York 14534 Form 13F File Number: 28-11445 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 form. Person Signing this Report on Behalf of Reporting Manager: Name: George W. Karpus Title: President / CEO Phone: 585-586-4680 Signature, Place, and Date of Signing: George Karpus Pittsford, NewYork 14534 November 15, 2007 [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: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28-________________ _________________________________________ [Repeat as necessary.] FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: N/A Form 13F Information Table Entry Total: 202 Form 13F Information Table Value Total: 1,009,808.31 (thousands) Confidential information has been omitted from this public Form 13F report and filed separately with the Commission. List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name NONE [Repeat as necessary.] Form 13F Information Table Column 1 Name of Issuer Column 2 Title of Class Column 3 CUSIP Column 4 Value (x$1000) Column 5 Shares or Prn Amt Column 6 Investment Discretion Column 7 Other Managers Column 8 Voting Authority ABERDEEN ASIA-PAC INCOME FD Common Stock 003009107 8,995.95 1,441,658 Sole N/a Sole ADAMS EXPRESS COMPANY Common Stock 006212104 14,536.20 972,321 Sole N/a Sole ADVENT/CLAYMORE ENH GR & INC Common Stock 00765E104 341.43 19,600 Sole N/a Sole ALLIANCE NATIONAL MUNI INC Common Stock 01864U106 939.45 65,059 Sole N/a Sole AMERICAN INCOME FUND INC Common Stock 02672T109 Confidential/ Omitted Filed separately with SEC Sole N/a Sole AMERICAN STRATEGIC INCOME PT Common Stock 030098107 191.38 16,700 Sole N/a Sole ASA LTD Common Stock G3156P103 333.23 4,455 Sole N/a Sole ASIA PACIFIC FUND INC Common Stock 044901106 1,373.93 42,340 Sole N/a Sole BANCROFT FUND LTD Common Stock 059695106 697.42 32,666 Sole N/a Sole BLACKROCK CORE BOND TRUST Common Stock 09249E101 986.15 79,850 Sole N/a Sole BLACKROCK DIVIDEND ACHIEVERS Common Stock 09250N107 3,022.74 216,995 Sole N/a Sole BLACKROCK ENH CAP AND INC Common Stock 09256A109 3,370.94 159,912 Sole N/a Sole BLACKROCK FL MUNI 2020 TERM Common Stock 09250M109 637.93 47,500 Sole N/a Sole BLACKROCK FLORIDA INSD 2008 Common Stock 09247H106 12,770.55 874,695 Sole N/a Sole BLACKROCK FLORIDA INVT QUAL Common Stock 09247B109 354.86 29,400 Sole N/a Sole BLACKROCK INSD MUNI TERM TR Common Stock 092474105 Confidential/ Omitted Filed separately with SEC Sole N/a Sole BLACKROCK LNG-TM MUN ADV TST Common Stock 09250B103 168.58 13,650 Sole N/a Sole BLACKROCK MUNI INTERM DURATI Common Stock 09253X102 565.51 40,050 Sole N/a Sole BLACKROCK MUNIENHANCED FUND Common Stock 09253Y100 1,342.39 129,200 Sole N/a Sole BLACKROCK MUNIHOLDINGS CA INC Common Stock 09254L107 1,699.98 127,722 Sole N/a Sole BLACKROCK MUNIHOLDINGS FL INSURED FD Common Stock 09254P108 4,570.71 352,678 Sole N/a Sole BLACKROCK MUNIHOLDINGS IN II Common Stock 09254C107 5,755.76 464,549 Sole N/a Sole BLACKROCK MUNIHOLDINGS INSUR Common Stock 09254A101 4,626.06 375,187 Sole N/a Sole BLACKROCK MUNIHOLDINGS NY INSURED FD Common Stock 09255C106 1,589.16 116,936 Sole N/a Sole BLACKROCK MUNIYIELD CA INSUR Common Stock 09254N103 1,948.70 146,850 Sole N/a Sole BLACKROCK MUNIYIELD CALI FD Common Stock 09254M105 536.39 40,300 Sole N/a Sole BLACKROCK MUNIYIELD FL FUND Common Stock 09254R104 2,302.53 174,964 Sole N/a Sole BLACKROCK MUNIYIELD FLORIDA Common Stock 09254T100 919.67 70,150 Sole N/a Sole BLACKROCK MUNIYIELD INSURED Common Stock 09254E103 4,576.64 340,524 Sole N/a Sole BLACKROCK MUNIYIELD MI INS 2 Common Stock 09254W103 482.24 37,325 Sole N/a Sole BLACKROCK MUNIYIELD MI INSUR Common Stock 09254V105 2,589.69 187,931 Sole N/a Sole BLACKROCK MUNIYIELD NY INSUR Common Stock 09255E102 1,080.87 83,853 Sole N/a Sole BLACKROCK MUNIYIELD PA INSUR Common Stock 09255G107 1,153.60 82,400 Sole N/a Sole BLACKROCK MUNIYIELD QUAL II Common Stock 09254G108 3,718.56 309,880 Sole N/a Sole BLACKROCK MUNIYIELD QUALITY Common Stock 09254F100 932.22 67,650 Sole N/a Sole BLACKROCK NEW YORK INSD 2008 Common Stock 09247L107 16,014.65 1,054,289 Sole N/a Sole BLACKROCK STRAT DVD ACHV TRS Common Stock 09249Y107 13,870.06 1,027,412 Sole N/a Sole BOULDER TOTAL RETURN FUND Common Stock 101541100 532.48 25,200 Sole N/a Sole CAPITAL SOUTHWEST CORPORATION Common Stock 140501107 838.33 6,829 Sole N/a Sole CASTLE CONVERTIBLE FUND Common Stock 148443104 385.95 15,500 Sole N/a Sole CENTRAL EUROPE & RUSSIA FUND Common Stock 153436100 767.06 13,695 Sole N/a Sole CENTRAL SECURITIES CORP Common Stock 155123102 900.82 31,876 Sole N/a Sole CHINA FUND INC Common Stock 169373107 404.10 8,210 Sole N/a Sole CITIGROUP GLOBAL MAR-NOTES Common Stock 173079658 193.02 18,400 Sole N/a Sole CLAYMORE/RAYMOND JAM SB-1 EQ Common Stock 183833102 Confidential/ Omitted Filed separately with SEC Sole N/a Sole COHEN & STEERS REIT UTI & INCOME FD Common Stock 19247Y108 14,152.65 678,459 Sole N/a Sole COHEN & STEERS SEL UTILITY Common Stock 19248A109 12,667.66 485,723 Sole N/a Sole CONSUMER STAPLES SPDR Common Stock 81369Y308 2,953.46 105,556 Sole N/a Sole DEFINED STRATEGY FUND INC Common Stock 24476Y100 Confidential/ Omitted Filed separately with SEC Sole N/a Sole DELAWARE INV AZ MUNI INCM FD Common Stock 246100101 204.10 15,700 Sole N/a Sole DREMAN/CLAYMORE DVD & INCOME Common Stock 26153R100 1,205.59 60,370 Sole N/a Sole DREYFUS MUNICIPAL INCOME INC Common Stock 26201r102 279.61 32,250 Sole N/a Sole DREYFUS STRATEGIC MUNI BD FD Common Stock 26202F107 186.71 22,280 Sole N/a Sole DTF TAX-FREE INCOME INC Common Stock 23334J107 2,567.75 180,700 Sole N/a Sole DWS GLBL COMMOD STOCK FD INC Common Stock 23338Y100 16,243.08 828,306 Sole N/a Sole DWS MUNICIPAL INCOME TRUST Common Stock 23338M106 6,595.55 610,134 Sole N/a Sole DWS RREEF REAL ESTATE FD INC Common Stock 233384106 272.90 12,315 Sole N/a Sole EATON VANCE FLORIDA MUNI INC Common Stock 27826B100 Confidential/ Omitted Filed separately with SEC Sole N/a Sole EATON VANCE INSD OH MU BD Common Stock 27828L106 410.61 29,950 Sole N/a Sole EATON VANCE INSURED FLORIDA Common Stock 27828E102 Confidential/ Omitted Filed separately with SEC Sole N/a Sole EATON VANCE INSURED MUNI II Common Stock 27827K109 919.05 63,165 Sole N/a Sole EATON VANCE MI MUNICIPAL INC Common Stock 27826D106 312.32 23,500 Sole N/a Sole EATON VANCE NJ MUNICIPAL INC Common Stock 27826V106 802.02 57,700 Sole N/a Sole EATON VANCE OH MUNICIPAL INC Common Stock 27826G109 283.71 20,800 Sole N/a Sole EATON VANCE PA MUNICIPAL INC Common Stock 27826T101 238.90 17,400 Sole N/a Sole EATON VANCE SHORT DUR DIV INCOME FD Common Stock 27828V104 4,196.90 249,370 Sole N/a Sole EATON VANCE T/A GL DVD INCM Common Stock 27828S101 1,327.02 47,855 Sole N/a Sole EATON VANCE TAX-ADV DVD INC Common Stock 27828G107 4,807.54 167,277 Sole N/a Sole EMERGING MKTS TELECOMM FUND Common Stock 290890102 236.15 10,005 Sole N/a Sole FIRST FINANCIAL FUND INC Common Stock 320228109 837.12 65,915 Sole N/a Sole FIRST TRUST ABERDEEN GLOBAL Common Stock 337319107 3,268.56 186,775 Sole N/a Sole FLAH & CRUM/CLAYMORE PFD S I Common Stock 338478100 1,518.55 83,345 Sole N/a Sole FORT DEARBORN INCOME SEC Common Stock 347200107 4,900.27 353,555 Sole N/a Sole GABELLI DIVIDEND & INCOME TR Common Stock 36242H104 8,847.77 411,333 Sole N/a Sole GABELLI GLOBAL MULTIMEDIA TR Common Stock 36239Q109 5,598.83 404,979 Sole N/a Sole GENERAL AMERICAN INVESTORS Common Stock 368802104 281.72 6,910 Sole N/a Sole GSI GROUP INC Common Stock 36229U102 113.00 10,000 Sole N/a Sole H & Q LIFE SCIENCES INVSTRS Common Stock 404053100 672.71 49,720 Sole N/a Sole INDIA FUND INC Common Stock 454089103 331.50 6,105 Sole N/a Sole ING CLARION GL R/E INCOME FD Common Stock 44982G104 296.25 15,000 Sole N/a Sole INSURED MUNI INCOME FUND Common Stock 45809F104 Confidential/ Omitted Filed separately with SEC Sole N/a Sole INVESTMENT GRADE MUNI INC FD Common Stock 461368102 1,909.15 140,379 Sole N/a Sole ISHARES LEHMAN 20+ YR TREAS Common Stock 464287432 1,103.59 12,439 Sole N/a Sole ISHARES LEHMAN 7-10YR TREAS Common Stock 464287440 1,012.93 12,076 Sole N/a Sole ISHARES LEHMAN TRES INF PR S Common Stock 464287176 1,035.60 10,150 Sole N/a Sole ISHARES MSCI AUSTRALIA INDEX Common Stock 464286103 2,535.31 79,763 Sole N/a Sole ISHARES MSCI CANADA Common Stock 464286509 7,354.89 224,714 Sole N/a Sole ISHARES MSCI EAFE INDEX FUND Common Stock 464287465 700.45 8,481 Sole N/a Sole ISHARES MSCI EMERGING MKT INDEX Common Stock 464287234 1,517.96 10,157 Sole N/a Sole ISHARES MSCI EMU Common Stock 464286608 3,484.94 28,825 Sole N/a Sole ISHARES MSCI FRANCE INDEX FD Common Stock 464286707 4,654.04 121,010 Sole N/a Sole ISHARES MSCI HONG KONG INDEX Common Stock 464286871 1,876.61 89,235 Sole N/a Sole ISHARES MSCI JAPAN INDEX FD Common Stock 464286848 7,073.00 493,236 Sole N/a Sole ISHARES MSCI PACIFIC EX JPN Common Stock 464286665 1,383.12 8,317 Sole N/a Sole ISHARES MSCI SPAIN INDEX FD Common Stock 464286764 2,990.57 49,187 Sole N/a Sole ISHARES MSCI SWEDEN INDEX FD Common Stock 464286756 984.77 26,630 Sole N/a Sole ISHARES MSCI UNITED KINGDOM Common Stock 464286699 11,249.28 437,205 Sole N/a Sole ISHARES S&P EUROPE 350 Common Stock 464287861 4,551.18 38,181 Sole N/a Sole JAPAN SMALLER CAPITALIZATION Common Stock 47109U104 687.68 66,250 Sole N/a Sole JF CHINA REGION FUND INC Common Stock 46614T107 1,248.14 41,425 Sole N/a Sole JOHN HAN BK & THRIFT OPP FD Common Stock 409735107 562.91 68,816 Sole N/a Sole JOHN HANCOCK INCOME SECS TR Common Stock 410123103 325.50 23,300 Sole N/a Sole JOHN HANCOCK INVEST TRUST Common Stock 410142103 379.26 21,000 Sole N/a Sole JOHN HANCOCK PATR SELECT DIV Common Stock 41013U102 340.36 26,800 Sole N/a Sole JOHN HANCOCK PFD INCOME III Common Stock 41021P103 1,628.32 80,770 Sole N/a Sole JOHN HANCOCK T/A DVD INCOME Common Stock 41013V100 8,598.90 454,247 Sole N/a Sole KOREA EQUITY FUND Common Stock 50063B104 296.70 21,816 Sole N/a Sole LATIN AMERICA EQUITY FD INC Common Stock 51827Q106 1,099.50 20,380 Sole N/a Sole LAZARD GLOBAL TOT RT & INC Common Stock 52106W103 6,157.16 276,602 Sole N/a Sole LMP CAPITAL AND INCOME FUND Common Stock 50208A102 9,400.35 475,005 Sole N/a Sole MACQUARIE GLOBAL INFR TOT RT Common Stock 55608D101 1,405.97 48,700 Sole N/a Sole MACQUARIE/FT GL INT/UT DV IN Common Stock 55607W100 627.97 23,670 Sole N/a Sole MBIA CAP/CLAYMORE MGD DUR IN Common Stock 55266X100 4,770.62 374,460 Sole N/a Sole MEXICO FUND INC Common Stock 592835102 2,658.89 62,695 Sole N/a Sole MFS CHARTER INCOME TRUST Common Stock 552727109 Confidential/ Omitted Filed separately with SEC Sole N/a Sole MFS GOVT MARKETS INC TRUST Common Stock 552939100 46,370.08 6,759,487 Sole N/a Sole MFS INTERMARKET INC TRUST I Common Stock 59318R103 916.15 112,965 Sole N/a Sole MFS INTERMEDIATE INC TRUST Common Stock 55273C107 Confidential/ Omitted Filed separately with SEC Sole N/a Sole MFS MULTIMARKET INC TRUST Common Stock 552737108 13,723.91 2,340,965 Sole N/a Sole MONTGOMERY ST INCOME SEC INC Common Stock 614115103 3,610.02 215,010 Sole N/a Sole MORGAN STANLEY ASIA PACIFIC Common Stock 61744U106 17,516.62 779,556 Sole N/a Sole MORGAN STANLEY HIGH YIELD FD Common Stock 61744M104 163.94 28,610 Sole N/a Sole MORGAN STANLEY INCOME SECS Common Stock 61745P874 1,482.59 96,712 Sole N/a Sole MORGAN STANLEY INDIA INVEST Common Stock 61745C105 404.59 7,955 Sole N/a Sole MORGAN STANLEY INSD MUNI INC Common Stock 61745P791 1,075.88 77,625 Sole N/a Sole MORGAN STANLEY MUNI PREM INC Common Stock 61745P429 238.48 27,100 Sole N/a Sole MORGAN STANLEY NY QUAL MUNI Common Stock 61745P528 182.71 13,810 Sole N/a Sole NEUBERGER BERMAN INTMD MUNI Common Stock 64124P101 483.37 36,730 Sole N/a Sole NEUBERGER BERMAN NY INTMD MU Common Stock 64124k102 787.29 59,643 Sole N/a Sole NEUBERGER BERMAN REALTY INC Common Stock 64126G109 2,532.28 121,569 Sole N/a Sole NEW GERMANY FUND Common Stock 644465106 26,211.86 1,495,257 Sole N/a Sole NEW IRELAND FUND INC Common Stock 645673104 1,137.12 40,395 Sole N/a Sole NUVEEN CA DVD ADV MUNI FD 2 Common Stock 67069X104 298.51 21,600 Sole N/a Sole NUVEEN CALIFORNIA SELECT QUALITY MUN FD Common Stock 670975101 179.01 13,000 Sole N/a Sole NUVEEN DVD ADVANTAGE MUNI FD Common Stock 67066V101 362.51 25,350 Sole N/a Sole NUVEEN FLORIDA INV QUAL MUNI Common Stock 670970102 2,323.91 173,945 Sole N/a Sole NUVEEN FLORIDA QUAL INC MUNI Common Stock 670978105 4,394.90 327,245 Sole N/a Sole NUVEEN INS FL T/F ADV MUN FD Common Stock 670655109 580.03 44,075 Sole N/a Sole NUVEEN INSD DVD ADV MUNI FD Common Stock 67071L106 2,095.10 149,650 Sole N/a Sole NUVEEN INSD FLORIDA PREMIUM Common Stock 67101V108 2,078.97 150,650 Sole N/a Sole NUVEEN INSD NEW YORK PREMIUM Common Stock 67101R107 174.33 12,875 Sole N/a Sole NUVEEN INSD PREM INC MUNI II Common Stock 6706D8104 1,411.01 113,334 Sole N/a Sole NUVEEN INSD QUALITY MUNI FD Common Stock 67062N103 233.20 16,850 Sole N/a Sole NUVEEN MUNI MKT OPPORTUNITY Common Stock 67062W103 1,629.98 118,200 Sole N/a Sole NUVEEN NEW YORK PERF+ MUNI Common Stock 67062R104 170.17 11,900 Sole N/a Sole NUVEEN NEW YORK SELECT QUAL Common Stock 670976109 514.83 37,145 Sole N/a Sole NUVEEN NY INV QUAL MUNI FD Common Stock 67062X101 200.02 14,600 Sole N/a Sole NUVEEN NY QUALITY INC MUNI Common Stock 670986108 2,822.56 209,700 Sole N/a Sole NUVEEN OHIO QUALITY INC MUNI Common Stock 670980101 318.24 22,100 Sole N/a Sole NUVEEN PENN INV QUAL MUNI FD Common Stock 670972108 1,650.35 120,905 Sole N/a Sole NUVEEN PERFORMANCE PLUS MUNI Common Stock 67062P108 2,980.99 213,080 Sole N/a Sole NUVEEN PREMIER INSD MUNI INC Common Stock 670987106 1,224.35 88,850 Sole N/a Sole NUVEEN PREMIER MUNI INC FD Common Stock 670988104 4,474.92 336,460 Sole N/a Sole NUVEEN PREMIUM INC MUNI FD 2 Common Stock 67063W102 960.30 71,345 Sole N/a Sole NUVEEN PREMIUM INC MUNI FD 4 Common Stock 6706K4105 2,117.19 175,700 Sole N/a Sole NUVEEN PREMIUM INC MUNI FUND Common Stock 67062T100 1,704.18 125,215 Sole N/a Sole NUVEEN QUALITY INCOME MUNI Common Stock 670977107 2,526.15 184,122 Sole N/a Sole PIMCO MUNI ADVANTAGE FUND INC Common Stock 722015104 14,312.45 1,095,900 Sole N/a Sole PIMCO NEW YORK MUNICIPAL III Common Stock 72201E105 567.90 41,850 Sole N/a Sole PIONEER TAX ADV BALANCED FD Common Stock 72388R101 Confidential/ Omitted Filed separately with SEC Sole N/a Sole POWERSHARES ZACKS S/C PTFL Common Stock 73935X674 8,018.09 289,253 Sole N/a Sole PROSPECT STREET INCOME SHRS Common Stock 743590101 973.45 177,962 Sole N/a Sole PUTNAM HIGH YIELD MUNI TRUST Common Stock 746781103 1,895.58 269,259 Sole N/a Sole PUTNAM INV GRADE MUNI TRUST Common Stock 746805100 11,746.00 1,220,998 Sole N/a Sole PUTNAM MANAGED MUNI INCM TRS Common Stock 746823103 125.52 17,265 Sole N/a Sole PUTNAM MUNI OPPORTUNITIES TR Common Stock 746922103 4,687.63 405,855 Sole N/a Sole PUTNAM MUNICIPAL BOND FUND Common Stock 74683V100 130.57 10,945 Sole N/a Sole PUTNAM PREMIER INCOME TRUST Common Stock 746853100 45,546.45 7,172,669 Sole N/a Sole RMR HOSPITALITY & REAL ESTAT Common Stock 74963J108 207.46 11,100 Sole N/a Sole RYDEX S&P EQUAL WEIGHT ETF Common Stock 78355W106 15,023.84 300,537 Sole N/a Sole S&P QUAL RANK GL EQ MGD TRST Common Stock 09250D109 287.51 16,107 Sole N/a Sole SINGAPORE FUND INC Common Stock 82929L109 1,713.96 90,830 Sole N/a Sole SPDR TRUST SERIES 1 Common Stock 78462F103 12,767.44 83,677 Sole N/a Sole SUNAMERICA FOCUSED ALPHA GR Common Stock 867037103 17,740.34 863,277 Sole N/a Sole SUNAMERICA FOCUSED ALPHA L/C Common Stock 867038101 560.55 28,225 Sole N/a Sole SWISS HELVETIA FUND Common Stock 870875101 11,543.35 638,456 Sole N/a Sole TAIWAN FUND INC Common Stock 874036106 316.53 14,480 Sole N/a Sole TAIWAN GREATER CHINA FUND Common Stock 874037104 809.54 104,188 Sole N/a Sole TECHNOLOGY SELECT SECT SPDR Common Stock 81369Y803 2,863.46 106,172 Sole N/a Sole TEMPLETON DRAGON FUND INC Common Stock 88018T101 2,439.28 77,168 Sole N/a Sole TEMPLETON EMERGING MKTS FND Common Stock 880191101 858.27 36,077 Sole N/a Sole THE EUROPEAN EQUITY FUND, INC Common Stock 298768102 731.86 56,124 Sole N/a Sole TRANSAMERICA INCOME SHARES Common Stock 893506105 462.77 23,325 Sole N/a Sole TRI-CONTINENTAL CORPORATION Common Stock 895436103 69,868.47 2,881,174 Sole N/a Sole VAN KAMP PENN VAL MUNI INCOM Common Stock 92112T108 547.86 39,585 Sole N/a Sole VAN KAMP TR/INV GRD MUNIS Common Stock 920929106 968.03 65,718 Sole N/a Sole VAN KAMPEN ADV MUNI INCOM II Common Stock 92112K107 134.93 10,500 Sole N/a Sole VAN KAMPEN BOND FUND Common Stock 920955101 Confidential/ Omitted Filed separately with SEC Sole N/a Sole VAN KAMPEN OHIO QUAL MUNI TR Common Stock 920923109 214.36 14,425 Sole N/a Sole VAN KAMPEN SEL SECTOR MUNI Common Stock 92112M103 860.27 69,098 Sole N/a Sole VANGUARD SMALL-CAP ETF Common Stock 922908751 3,523.62 48,488 Sole N/a Sole WA/CLAY US INFL-LKD OPP&INC Common Stock 95766R104 44,386.04 3,796,924 Sole N/a Sole WA/CLAY US INFL-LKD SEC&INC Common Stock 95766Q106 3,124.64 267,750 Sole N/a Sole WESTERN ASSET 2008 WORLDWIDE Common Stock 95766W103 Confidential/ Omitted Filed separately with SEC Sole N/a Sole WESTERN ASSET GLOBAL HIGH INC Common Stock 95766B109 992.34 79,451 Sole N/a Sole WESTERN ASSET INCOME FUND Common Stock 95766T100 147.20 10,000 Sole N/a Sole WESTERN ASSET INFLATION MANA Common Stock 95766U107 17,563.11 1,100,446 Sole N/a Sole WESTERN ASSET INTERMEDIATE Common Stock 958435109 2,281.78 250,195 Sole N/a Sole WESTERN ASSET MANAGED MUNICI Common Stock 95766M105 1,792.84 162,395 Sole N/a Sole WESTERN ASSET MUNICIPAL PART Common Stock 95766P108 Confidential/ Omitted Filed separately with SEC Sole N/a Sole WESTERN ASSET VARIABLE RATE Common Stock 957667108 10,000.44 591,392 Sole N/a Sole ZWEIG FUND INC Common Stock 989834106 3,212.33 616,570 Sole N/a Sole Total Securities: 202 1,009,808.31