Principal Securities’s abrdn National Municipal Income Fund VFL Stock Holding History

Principal Securities’s Portfolio VFL Stock Details VFL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-3,597	Closed	-$36.9K	–	3427
2025 Q3	$36.9K	Sell	3,597 -500	-12%	-$4.88K	﹤0.01%	2105
2025 Q2	$39.6K	Sell	4,097 -1,000	-20%	-$9.8K	﹤0.01%	1992
2025 Q1	$51.6K	Hold	5,097	–	–	﹤0.01%	1750
2024 Q4	$51.6K	Sell	5,097 -500	-9%	-$5.36K	﹤0.01%	1749
2024 Q3	$62.5K	Hold	5,597	–	–	﹤0.01%	1595
2024 Q2	$59.1K	Hold	5,597	–	–	﹤0.01%	1549
2024 Q1	$58K	Hold	5,597	–	–	﹤0.01%	1505
2023 Q4	$57.1K	Buy	+5,597	New	+$50.7K	﹤0.01%	1424

Other funds holding VFL

Pathstone Holdings Englewood, New Jersey $34.3B AUM 27.35% 1-Year Est. Return

MSL

Mackay Shields LLC New York $2.76B AUM 2.8% 1-Year Est. Return

Allspring Global Investments Charlotte, North Carolina $65.2B AUM 39.42% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $15.9B AUM 53.4% 1-Year Est. Return

HWAM

Hennion & Walsh Asset Management Parsippany, New Jersey $3.42B AUM 25.82% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2.1B AUM 2.15% 1-Year Est. Return

Riverbridge Partners Minneapolis, Minnesota $3.58B AUM 4.02% 1-Year Est. Return

Matisse Capital Portland, Oregon $250M AUM 26.81% 1-Year Est. Return

CEFA

Closed-End Fund Advisors Richmond, Virginia $102M AUM

Principal Securities's VFL Position: Q4 2025 in Review

Principal Securities sold out of abrdn National Municipal Income Fund (VFL) in Q4 2025, closing a stake of 3,597 shares — an estimated $36.9K sold.

Principal Securities first reported a position in VFL in Q4 2023 and held it in 8 quarters. The position peaked at $62.5K in Q3 2024. 55 funds tracked by Wall St. Rank hold VFL as of Q4 2025.

Principal Securities reported no remaining abrdn National Municipal Income Fund position as of Q4 2025 after selling out during the quarter.
Principal Securities sold 3,597 abrdn National Municipal Income Fund shares in Q4 2025, an estimated $36.9K.
Principal Securities first reported a position in abrdn National Municipal Income Fund in Q4 2023 and held it in 8 quarters.
Principal Securities's abrdn National Municipal Income Fund position peaked at $62.5K in Q3 2024.
55 funds tracked by Wall St. Rank held abrdn National Municipal Income Fund as of Q4 2025.

Based on Principal Securities's 13F filing for Q4 2025, filed 12 Feb 2026.