BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
49 hedge funds and large institutions have $44.2M invested in BNY Mellon Municipal Income in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 4 closing their positions.
152% more capital invested
Capital invested by funds: $17.5M → $44.2M (+$26.6M)
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
2.6% more ownership
Funds ownership: 10.56% → 13.15% (+2.6%)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2% less funds holding
Funds holding: 50 → 49 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.75M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$1.37M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$577K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$398K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$843K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$695K |
| 3 |
SG Americas Securities
New York
|
-$296K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$264K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$141K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Geode Capital Management
Boston,
Massachusetts
| – | -$264K | -32,700 | Closed |
|
|
RFC
52
Regions Financial Corp
Birmingham,
Alabama
| – | -$12K | -1,500 | Closed |
|
|
SWP
53
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$1K | -152 | Closed |
|
DMF Hedge Fund Activity: Q2 2018 in Review
49 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q2 2018, worth a combined $44.2M — up 152% from $17.5M a quarter earlier.
Fund positioning in DMF was balanced in Q2 2018: 4 funds opened new positions, 4 closed out, 14 added to existing stakes and 12 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $3.75M. The largest seller was Advisors Asset Management, cutting an estimated $843K.
- 49 institutional investors held BNY Mellon Municipal Income (DMF) as of Q2 2018, down from 50 in Q1 2018.
- Funds reported $44.2M of BNY Mellon Municipal Income stock for Q2 2018, up 152% quarter-over-quarter.
- 4 funds opened new BNY Mellon Municipal Income positions in Q2 2018 and 4 closed out, a net change of 0 holders.
- The largest BNY Mellon Municipal Income buyer in Q2 2018 was Karpus Investment Management, an estimated $3.75M added.
- The largest BNY Mellon Municipal Income seller in Q2 2018 was Advisors Asset Management, an estimated $843K sold.
Based on aggregated 13F filings for Q2 2018.