This statement constitutes Amendment No. 12 to the Schedule 13D filed on October 20, 2004. Except as specifically set forth herein, the Schedule 13D remains unmodified.
ITEM 4 IS AMENDED AS FOLLOWS: Item 4. Purpose of Transaction. The shares have been purchased for investment purposes. ITEM 5 IS AMENDED AS FOLLOWS: Item 5. Interest in Securites of the Issuer. (a) and (b) As per the semi-annual report dated June 30, 2006 there were 24,804,698 shares of GF outstanding. The percentage set forth in this item (5a) was derived using such number. The Coalition for Shareholder Democracy is deemed to be the beneficial owners of 4,473,867 shares of GF or 18.04% of the outstanding shares. Bulldog Investors, Phillip Goldstein and Andrew Dakos are deemed to be the beneficial owner of 2,104,899 shares of GF or 8.49% of the outstanding shares. Power to vote or dispose securities resides with Phillip Goldstein, Andrew Dakos or with the beneficial owners of managed accounts. Karpus Investment Management represents beneficial ownership of 1,231,668 shares or 4.97% of the outstanding shares. Apogee Partners L.P. is a hedge fund managed by Karpus Investment Management, of which George W. Karpus owns 1.56%, Dana R. Consler owns 0.71% and Cody B. Bartlett Jr. owns 0.51%. Apogee Partners L.P. owns 68,900 shares of GF. Canalview Partners L.P. is also a hedge fund managed by Karpus Invesment Managment, of which Kathy Crane owns 0.79%, Karpus Profit Sharing Plan owns 5.16% and Thomas Duffy owns 0.10%. Canalview Partners L.P. currently owns 44,700 shares of GF. Garnsey Partners L.P. is also a hedge fund managed by Karpus Investment Management, of which George W. Karpus owns 6.47%, Kathy Crane owns 0.08% and Jo Ann Van Degriff owns 0.07%. Garnsey Partners L.P. currently owns 34,400 shares of GF. Additionally, Karpus Investment Management Defined Benefit Plan currently owns 430 shares, Karpus Investment Management Profit Sharing Plan owns 7,125 shares, George W. Karpus owns 8,515 shares, Jo Ann Van Degriff owns 3,865 shares and Dana R. Consler owns 665 shares. None of the other principals of KIM presently owns shares of GF. Colin Kingsnorth and Andrew Pegge have the authority to dispose and/or vote shares beneficially owned by the following entities:Value Catalyst Fund Limited 289,114 Laxey Investors Limited 149,816 Laxey Investors LP 123,576 Laxey Universal Value LP 41,882 LP Value Ltd 238,298 Altima Sicav Plc 118,804 Sprugos 60,450 LEAF 36,860 LPALP 78,500(c) During the last sixty days the following shares of common stock were traded: Bulldog Investors
Date Shares Price There were no transactions for the last 60 days.
Karpus
Date Shares Price 12/4/2006 1,300 $13.80 12/5/2006 5,000 $13.94 12/5/2006 -80 $13.96 12/8/2006 -360 $14.09 12/13/2006 280 $14.10 12/14/2006 2,000 $14.17 12/29/2006 2,000 $14.47 1/3/2007 750 $14.59 1/3/2007 -135 $14.60 1/5/2007 -50 $14.52 1/9/2007 540 $14.57 1/10/2007 1,795 $14.25 1/10/2007 -65 $14.39 1/11/2007 500 $14.51 1/17/2007 20 $14.60 1/26/2007 -300 $14.91 1/29/2007 -2,380 $15.00 2/1/2007 -45 $15.46 2/2/2007 -4,000 $15.56Laxey, Andrew Pegge and Colin Kingsnorth
Date Shares Price 12/19/2006 500 $14.12(d) Beneficiaries of managed accounts are entitled to receive any dividends or sales proceeds. ITEM 6 IS AMENDED AS FOLLOWS: Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. The filing persons have formed an informal group ("The Coalition for Shareholder Democracy") with the unwritten objective of affording all shareholders of the issuer an opportunity to obtain net asset value for their shares. The Coalition for Shareholder Democracy beneficially owns 18.04% of the issuer's outstanding shares. The members of the Coalition for Shareholder Democracy have not agreed to jointly take any specific measures to achieve the group's objective and they have no agreement to buy, sell, hold or vote their shares together. Any member of The Coalition for Shareholder Democracy may take actions it deems to be consistent with the group's objective without the consent of any other members of the group. In addition, any member of the Coalition for Shareholder Democracy may act in the best interests of its own clients regardless of whether such action is in the best interest of the group. Item 7. Materials to be Filed as Exhibits. Not applicable.
Karpus Management, Inc. By: /s/ Name: Sharon L. Thornton Title: Director of Investment Personnel and Senior Analyst Date: February 6, 2007By: /s/ Name: Phillip Goldstein Date: February 6, 2007By: /s/ Name: Andrew Dakos Date: February 6, 2007By: /s/ Name: Colin Kingsnorth Date: February 6, 2007By: /s/ Name: Andrew Pegge Date: February 6, 2007