INVESTMENT GRADE MUNICIPAL INCOME FUND (PPM)

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Ticker: PPM

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Activity signal Earnings

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Karpus Management, Inc.

1 purchase — total 49,356 USD

Buy 15 Oct 2009

Value US$3,339,820.35 | Price 202.71 | Shares 40,360

Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other

Notification date	Transaction date	B/S Transaction type	Insider and/or position	Nb. shares Price Value	Number of shares	Price	Value	Details
2009-10-20	2009-10-15	B Purchase	Karpus Management, Inc. Large shareholder	40,360 +44.6% 202.71 US$3,339,820	40,360 +44.6%	202.71	US$3,339,820

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