SC 13D/A 1 thirda.txt SCHEDULE 13D/A DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT 11/25/13 1. NAME OF REPORTING PERSON Bulldog Investors, LLC 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION DE ___________________________________________________________ 7. SOLE VOTING POWER 379,021 8. SHARED VOTING POWER 299,222 9. SOLE DISPOSITIVE POWER 379,021 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 299,222 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 678,243 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 9.60% 14. TYPE OF REPORTING PERSON IA _______________________________________________________ 1. NAME OF REPORTING PERSON Bulldog Investors Group of Funds 2. CHECK THE BOX IF MEMBER OF A GROUP a[X] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION DE ___________________________________________________________ 7. SOLE VOTING POWER 379,021 8. SHARED VOTING POWER 0 9. SOLE DISPOSITIVE POWER 379,021 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 0 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 379,021 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 5.36% 14. TYPE OF REPORTING PERSON IC ___________________________________________________________ 1. NAME OF REPORTING PERSON Phillip Goldstein 2. CHECK THE BOX IF MEMBER OF A GROUP a[X] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 379,021 8. SHARED VOTING POWER 299,222 9. SOLE DISPOSITIVE POWER 379,021 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 299,222 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 678,243 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 9.60% 14. TYPE OF REPORTING PERSON IN ______________________________________________________________ 1. NAME OF REPORTING PERSON Andrew Dakos 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 379,021 8. SHARED VOTING POWER 299,222 9. SOLE DISPOSITIVE POWER 379,021 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 299,222 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 678,243 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 9.60% 14. TYPE OF REPORTING PERSON IN _____________________________________________________________ 1. NAME OF REPORTING PERSON Steven Samuels 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 379,021 8. SHARED VOTING POWER 299,222 9. SOLE DISPOSITIVE POWER 379,021 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 299,222 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 678,243 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 9.60% 14. TYPE OF REPORTING PERSON IN ____________________________________________________________ Item 1. SECURITY AND ISSUER This statement constitutes Amendment #1 to the schedule 13d filed November 22, 2013. Except as specifically set forth herein, the Schedule 13d remains unmodified. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) As per the N-CSRS filed on August 29, 2013, there were 7,062,862 shares of common stock outstanding as of June 30, 2013. The percentages set forth herein were derived using such number. Phillip Goldstein, Andrew Dakos and Steven Samuels own Bulldog Investors, LLC, a registered investment advisor. As of November 25, 2013, Bulldog Investors, LLC is deemed to be the beneficial owner of 678,243 shares of IMF (representing 9.60% of IMF's outstanding shares) solely by virtue of Bulldog Investors LLC's power to direct the vote of, and dispose of, these shares. These 678,243 shares of IMF include 379,021 shares (representing 5.36% of IMF's outstanding shares) that are beneficially owned by the following entities over which Messrs. Goldstein, Dakos and Mr. Samuels exercise control: Opportunity Partners LP, Calapasas West Partners, LP, Full Value Special Situations Fund, LP, Full Value Offshore Fund, Ltd., Full Value Partners, LP, Opportunity Income Plus, LP, and MCM Opportunity Partners, LP (collectively, "Bulldog Investors Funds"). Bulldog Investors Funds may be deemed to constitute a group. All other shares included in the aforementioned 678,243 shares of IMF beneficially owned by Bulldog Investors, LLC (solely by virtue of its power to sell or direct the vote of these shares) are also beneficially owned by clients of Bulldog Investors, LLC who are not members of any group. The total number of these "non-group" shares is 299,222 shares (representing 4.24% of IMF's outstanding shares). (b) Bulldog Investors, LLC has sole power to dispose of and vote 379,021 shares. Bulldog Investors, LLC has shared power to dispose of and vote 299,222 shares. Certain of Bulldog Investors, LLC's clients (none of whom beneficially own more than 5% of IMF's shares) share this power with Bulldog Investors, LLC. Messrs. Goldstein, Dakos and Samuels are control persons of Bulldog Investors, LLC. c) Since the last filing on 11/22/13 the following shares of IMF were purchased: Date Shares Price 11/22/13 34,568 16.4583 11/25/13 50,000 16.5500 d) Clients of Bulldog Investors, LLC are entitled to receive any dividends or sales proceeds. e) N/A ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. N/A ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None 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. Dated: 11/27/13 By: /S/ Phillip Goldstein Name: Phillip Goldstein By: /S/ Andrew Dakos Name: Andrew Dakos By: /S/ Steven Samuels Name: Steven Samuels Bulldog Investors, LLC By: /s/ Andrew Dakos Andrew Dakos, Member OPPORTUNITY PARTNERS, LP By: /s/ Andrew Dakos Andrew Dakos, Manager of the GP CALAPASAS WEST PARTNERS, LP By: /s/ Andrew Dakos Andrew Dakos, Manager of the GP FULL VALUE SPECIAL SITUATIONS FUND, LP By: /s/ Andrew Dakos Andrew Dakos, Manager of the GP FULL VALUE OFFSHORE FUND, LTD. By: /s/ Andrew Dakos Andrew Dakos, Director FULL VALUE PARTNERS, LP By: /s/ Andrew Dakos Andrew Dakos, Manager of the GP OPPORTUNITY INCOME PLUS FUND, LP By: /s/ Andrew Dakos Andrew Dakos, Manager of the GP MCM OPPORTUNITY PARTNERS, LP By: /s/ Andrew Dakos Andrew Dakos, Manager of the GP Footnote 1: The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest therein.