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DMF

BNY Mellon Municipal Income
DMF

Delisted

DMF was delisted on the 17th of June, 2025.

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52 hedge funds and large institutions have $32.2M invested in BNY Mellon Municipal Income in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more capital invested

Capital invested by funds: $27.6M → $32.2M (+$4.57M)

2.61% more ownership

Funds ownership: 22.13% → 24.75% (+2.6%)

0% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 15

8% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 13

5% less funds holding

Funds holding: 55 → 52 (-3)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
52
Holders Change
-3
Holders Change %
-5.45%
% of All Funds
0.84%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
12
Increased
15
Reduced
15
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
+$3.67M
2
SCM
Saba Capital Management
New York
+$1.24M
3
LSC
Logan Stone Capital
Illinois
+$1.06M
4
GC
Guggenheim Capital
Illinois
+$783K
5
Morgan Stanley
Morgan Stanley
New York
+$756K

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$3.15M
2
WAM
Wolverine Asset Management
Illinois
-$883K
3
MC
Moors & Cabot
Massachusetts
-$785K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$443K
5
Invesco
Invesco
Georgia
-$287K
Name Holding Trade Value Shares
Change 		Change in
Stake
Rockefeller Capital Management
51
Rockefeller Capital Management
New York
$3K – – –
IA
52
IFP Advisors
Florida
$1K – – –
RCM
53
Rivernorth Capital Management
Florida
– -$3.15M -525,006 Closed
WAM
54
Wolverine Asset Management
Illinois
– -$883K -147,030 Closed
Invesco
55
Invesco
Georgia
– -$287K -47,805 Closed
Ameriprise
56
Ameriprise
Minnesota
– -$243K -40,370 Closed
RIG
57
Ramiah Investment Group
Wisconsin
– -$159K -26,413 Closed
CSA
58
Cottage Street Advisors
Massachusetts
– -$132K -22,000 Closed
Truist Financial
59
Truist Financial
North Carolina
– -$83K -13,776 Closed
Stifel Financial
60
Stifel Financial
Missouri
– -$74K -12,350 Closed
CA
61
Cetera Advisors
Colorado
– -$72K -11,964 Closed
US Bancorp
62
US Bancorp
Minnesota
– -$14K -2,400 Closed
Jones Financial Companies
63
Jones Financial Companies
Missouri
– -$12K -2,000 Closed
FIA
64
FNY Investment Advisers
New York
– -$3K -600 Closed
Bessemer Group
65
Bessemer Group
New Jersey
– -$3K -467 Closed
1 2
3

DMF Hedge Fund Activity: Q4 2022 in Review

52 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q4 2022, worth a combined $32.2M — up 17% from $27.6M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of DMF and 12 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 15 added.

The largest buyer was Karpus Investment Management, opening a new position worth an estimated $3.67M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.15M sold.

  • 52 institutional investors held BNY Mellon Municipal Income (DMF) as of Q4 2022, down from 55 in Q3 2022.
  • Funds reported $32.2M of BNY Mellon Municipal Income stock for Q4 2022, up 17% quarter-over-quarter.
  • 12 funds opened new BNY Mellon Municipal Income positions in Q4 2022 and 13 closed out, a net change of -1 holder.
  • The largest BNY Mellon Municipal Income buyer in Q4 2022 was Karpus Investment Management, an estimated $3.67M added.
  • The largest BNY Mellon Municipal Income seller in Q4 2022 was Rivernorth Capital Management, an estimated $3.15M sold.

Based on aggregated 13F filings for Q4 2022.