0001048703-05-000047.txt : 20120629
0001048703-05-000047.hdr.sgml : 20120629
20050309142921
ACCESSION NUMBER: 0001048703-05-000047
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050309
DATE AS OF CHANGE: 20050309
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: PUTNAM NEW YORK INVESTMENT GRADE MUNICIPAL TRUST
CENTRAL INDEX KEY: 0000892960
IRS NUMBER: 046716832
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1031
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-79894
FILM NUMBER: 05669047
BUSINESS ADDRESS:
STREET 1: ONE POST OFFICE SQUARE
CITY: BOSTON
STATE: MA
ZIP: 02109
BUSINESS PHONE: 6172921000
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
pmn03-05.txt
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(Amendment No. 4)
Under the Securities Exchange Act of 1934
Putnam New York Investment Grade Municipal Trust.
(PMN)
(Name of Issuer)
Common Stock
(Title of Class of Securities)
746921105
(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)
March 9, 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
Putnam NY Investment Grade Municipal Trust
Putnam Investment Management
One Post Office Square
Boston, MA 02109
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 144,740
shares of PMN on behalf of accounts that are managed by KIM (?the
Accounts?) under limited powers of attorney, which represents 5.08%
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 PMN fit the investment guidelines
for various Accounts. Shares have been acquired since February 12, 2002.
ITEM 5 Interest in Securities of the Issuer
a) As of the date of this Report, KIM owns 146,190 shares, which
represent 5.13% of the outstanding shares. George W. Karpus presently
owns 10,000 shares purchased on August 8, 12, 14, and 20, 2002 at $12.56
(4400 shares), August 13, 2003 at $11.78 (5000 shares), and October 7 at
$11.70 (600 shares). Karpus Management, Inc. owns 2,500 shares
purchased on January 27, 2004 at a price of $12.47. Jo Ann Van Degriff
owns 3000 shares purchased April 21 and 22, 2003 at $11.92 (1500
shares), and June 17 at $12.38 (1500 shares). None of the other Principals
of KIM currently owns shares of PMN.
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
1/4/2005
-100
11.80
2/22/2005
1000
11.87
1/25/2005
2300
11.88
1/28/2005
-1000
12.04
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
PMN 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.
March 9, 2005 By: _________________________
Date Signature
DANA R. CONSLER, SENIOR VICE PRESIDENT
Name /Title