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
636,023
|
|
8
|
SHARED VOTING POWER
-
|
||
9
|
SOLE DISPOSITIVE POWER
636,023
|
||
10
|
SHARED DISPOSITIVE POWER
-
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
636,023
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.35%
|
||
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
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
USA
|
||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
14,493
|
|
8
|
SHARED VOTING POWER
400
|
||
9
|
SOLE DISPOSITIVE POWER
14,493
|
||
10
|
SHARED DISPOSITIVE POWER
400
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,893
|
||
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 3.
|
Source and Amount of Funds or Other Consideration.
|
Item 5.
|
Interest in Securities of the Issuer.
|
A.
|
Karpus Investment Management
|
|
(a)
|
As of July 18, 2018, Karpus directly beneficially owned 400 Shares, and as the investment adviser of the Accounts may be deemed to beneficially own the 997,129 Shares held in the Accounts.
|
|
(b)
|
1. Sole power to vote or direct vote:
636,023
|
|
2. Shared power to vote or direct vote:
0
|
|
3. Sole power to dispose or direct the disposition:
636,023
|
|
4. Shared power to dispose or direct the disposition:
0
|
|
(c)
|
The transactions in the Shares by Karpus since the filing of the last Schedule 13D are set forth in Schedule B and incorporated herein by reference.
|
B.
|
George W. Karpus
|
|
(a)
|
As of July 18, 2018,
George W. Karpus directly beneficially owned 34,983 Shares, and as the President and CEO of Karpus, may be deemed to beneficially own the 400 Shares owned by Karpus.
|
|
(b)
|
1. Sole power to vote or direct vote:
14,493
|
|
2. Shared power to vote or direct vote:
400
|
|
3. Sole power to dispose or direct the disposition:
14,493
|
|
4. Shared power to dispose or direct the disposition:
400
|
|
(c)
|
The transactions in the Shares by Mr. Karpus since the filing of the last Schedule 13D are set forth in Schedule B and incorporated herein by reference..
|
|
KARPUS MANAGEMENT, INC.
|
|||
By:
|
/s/ Daniel L. Lippincott
|
||
Name:
|
Daniel L. Lippincott, CFA
|
||
Title:
|
Director of Investment Personnel and
Sr. Tax-Sensitive Portfolio Manager |
/s/ George W. Karpus
|
|
GEORGE W. KARPUS
|
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 and Chief Compliance Officer
|
183 Sully’s Trail, Pittsford, New York 14534
|
None
|
Dana R. Consler
|
Executive Vice President
|
183 Sully’s Trail, Pittsford, New York 14534
|
None
|
Thomas M. Duffy
|
Vice President
|
183 Sully’s Trail, Pittsford, New York 14534
|
None
|
Sharon L. Thornton
|
Senior Director of Investments
|
183 Sully’s Trail, Pittsford, New York 14534
|
None
|
Daniel L. Lippincott
|
Sr. Tax-Sensitive Manager and Director of Investment Personnel
|
183 Sully’s Trail, Pittsford, New York 14534
|
None
|
Nature of the Transaction
|
Securities
Purchased/(Sold)
|
Price Per
Share($)
|
Date of
Purchase / Sale
|
Sale of Common Stock
|
(1,035)
|
$14.35
|
7/19/2018
|
Sale of Common Stock
|
(300)
|
$14.35
|
7/20/2018
|
Sale of Common Stock
|
(260,826)
|
$14.30
|
7/23/2018
|
Sale of Common Stock
|
(47,459)
|
$14.31
|
7/24/2018
|
Sale of Common Stock
|
(31,491)
|
$14.31
|
7/25/2018
|
Sale of Common Stock
|
(18,700)
|
$14.31
|
7/23/2018
|
Sale of Common Stock
|
(2,300)
|
$14.31
|
7/25/2018
|