JAPAN EQUITY FD INC

CUSIP: 471057109 Class: COM

Karpus Management, Inc.'s Holding History (CIK: 0001048703)

Note: Option positions (PUT/CALL) are excluded.

Q1 2014
Shares 151,768 Value ($000) $991 Avg Close — Range —
Q4 2013
Shares 275,514 Value ($000) $1,926 Avg Close — Range —
Q3 2013
Shares 320,531 Value ($000) $2,192 Avg Close — Range —
Q2 2013
Shares 386,819 Value ($000) $2,499 Avg Close — Range —