1
|
NAME OF REPORTING PERSON
Karpus Investment Management
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) o
|
|
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
WC
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
NEW YORK
|
||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
6,587,468
|
|
8
|
SHARED VOTING POWER
0
|
||
9
|
SOLE DISPOSITIVE POWER
7,410,143
|
||
10
|
SHARED DISPOSITIVE POWER
0
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,410,143
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.95%
|
||
14
|
TYPE OF REPORTING PERSON
IA
|
1
|
NAME OF REPORTING PERSON
George W. Karpus
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) x
(b) o
|
|
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
WC, PF
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
¨
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
NEW YORK
|
||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
-
*
|
|
8
|
SHARED VOTING POWER
13,350
*
|
||
9
|
SOLE DISPOSITIVE POWER
-
*
|
||
10
|
SHARED DISPOSITIVE POWER
13,350
*
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,350
*
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less Than 1%
|
||
14
|
TYPE OF REPORTING PERSON
IN
|
Item 2.
|
Identity and Background.
|
Item 3.
|
Source and Amount of Funds or Other Consideration.
|
Item 4.
|
Purpose of Transaction.
|
Item 5.
|
Interest in Securities of the Issuer.
|
A
..
|
Karpus Investment Management
|
|
(a)
|
As of the close of business on
February 03, 2020
,
Karpus Investment Management
beneficially owned
7,410,143
Shares held in the Accounts.
|
|
(b)
|
1. Sole power to vote or direct vote:
6,587,468
|
|
2. Shared power to vote or direct vote:
0
|
|
3. Sole power to dispose or direct the disposition:
7,410,143
|
|
4. Shared power to dispose or direct the disposition:
0
|
|
(c)
|
The transactions in the Shares by
Karpus Investment Management
over the last 60 days are set forth in Schedule B and incorporated herein by reference.
|
B
..
|
George W. Karpus
|
|
(a)
|
As of the close of business on
February 03, 2020
,
George W. Karpus
beneficially owned
0
Shares. In addition,
George W. Karpus
may be deemed to beneficially own the
13,350
Shares held in the Karpus Entities.
|
|
(b)
|
1. Sole power to vote or direct vote:
0
|
|
2. Shared power to vote or direct vote:
13,350
|
|
3. Sole power to dispose or direct the disposition:
0
|
|
4. Shared power to dispose or direct the disposition:
13,350
|
|
(c)
|
Neither
George W. Karpus
nor the Karpus Entities have had any transactions in the Shares for the past 60 days.
|
Item 6.
|
Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer..
|
Item 7.
|
Materials to be Filed as Exhibits..
|
KARPUS MANAGEMENT, INC.
|
|||
By:
|
/s/ Jodi Hedberg
|
||
Name:
|
Jodi Hedberg
|
||
Title:
|
Chief Compliance Officer
|
Name
|
Position & Present Principal Occupation
|
Business Address
|
Shares Owned
|
George W. Karpus
|
President, CEO, and Chairman of the Board
|
183 Sully’s Trail, Pittsford, New York 14534
|
See Above
|
Kathleen Finnerty Crane
|
Chief Financial Officer
|
183 Sully’s Trail, Pittsford, New York 14534
|
0
Shares
|
Dana R. Consler
|
Executive Vice President
|
183 Sully’s Trail, Pittsford, New York 14534
|
0
Shares
|
Thomas M. Duffy
|
Vice President
|
183 Sully’s Trail, Pittsford, New York 14534
|
0
Shares
|
Sharon L. Thornton
|
Executive Vice President
|
183 Sully’s Trail, Pittsford, New York 14534
|
0
Shares
|
Daniel L. Lippincott, CFA
|
Sr. Tax-Sensitive Manager and Director of Investment Personnel
|
183 Sully’s Trail, Pittsford, New York 14534
|
0
Shares
|
Nature of the Transaction
|
Securities
Purchased/(Sold)
|
Price Per
Share($)
|
Date of
Purchase / Sale
|
Purchase of Common Stock
|
575
|
$9.15
|
1/14/2020
|
Purchase of Common Stock
|
162
|
$9.11
|
1/17/2020
|
Purchase of Common Stock
|
1,488
|
$9.15
|
1/21/2020
|
Sale of Common Stock
|
(175)
|
$9.17
|
1/22/2020
|
Purchase of Common Stock
|
2,101
|
$9.21
|
1/23/2020
|
Purchase of Common Stock
|
73,350
|
$9.25
|
1/24/2020
|
Purchase of Common Stock
|
2,400
|
$9.25
|
1/27/2020
|
Sale of Common Stock
|
(2,640)
|
$9.31
|
1/30/2020
|
Sale of Common Stock
|
(3,474)
|
$9.30
|
1/31/2020
|
Sale of Common Stock
|
(1,251)
|
$9.36
|
2/3/2020
|
Purchase of Common Stock
|
60,644
|
$9.14
|
12/5/2019
|
Purchase of Common Stock
|
9,833
|
$9.14
|
12/6/2019
|
Purchase of Common Stock
|
6,130
|
$9.14
|
12/9/2019
|
Purchase of Common Stock
|
45,508
|
$9.13
|
12/16/2019
|
Sale of Common Stock
|
(4,699)
|
$9.17
|
12/20/2019
|
Sale of Common Stock
|
(1,100)
|
$9.17
|
12/23/2019
|
Sale of Common Stock
|
(2,225)
|
$9.17
|
12/24/2019
|
Purchase of Common Stock
|
17,434
|
$9.14
|
12/31/2019
|
Purchase of Common Stock
|
790
|
$9.14
|
1/3/2020
|
Sale of Common Stock
|
(161,410)
|
$9.20
|
1/7/2020
|
Sale of Common Stock
|
(475)
|
$9.20
|
1/13/2020
|
Purchase of Common Stock
|
200
|
$9.11
|
1/14/2020
|
|
|
|
|
|
|
|
|