BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
48 hedge funds and large institutions have $20.5M invested in BNY Mellon Municipal Income in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 4 closing their positions.
17% more capital invested
Capital invested by funds: $17.5M → $20.5M (+$2.98M)
1.66% more ownership
Funds ownership: 10.56% → 12.22% (+1.7%)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
4% less funds holding
Funds holding: 50 → 48 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.75M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$577K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$398K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$264K |
| 5 |
VanEck Associates
New York
|
+$118K |
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 |
DMF Hedge Fund Activity: Q2 2018 in Review
48 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q2 2018, worth a combined $20.5M — up 17% from $17.5M a quarter earlier.
Fund positioning in DMF was balanced in Q2 2018: 4 funds opened new positions, 4 closed out, 13 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.
- 48 institutional investors held BNY Mellon Municipal Income (DMF) as of Q2 2018, down from 50 in Q1 2018.
- Funds reported $20.5M of BNY Mellon Municipal Income stock for Q2 2018, up 17% 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.