BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
53 hedge funds and large institutions have $23.7M invested in BNY Mellon Municipal Income in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 6 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
15% more capital invested
Capital invested by funds: $20.5M → $23.7M (+$3.15M)
10% more funds holding
Funds holding: 48 → 53 (+5)
2.42% more ownership
Funds ownership: 12.22% → 14.64% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.89M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$520K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$281K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$253K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$693K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$643K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$348K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$138K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$112K |
DMF Hedge Fund Activity: Q3 2018 in Review
53 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q3 2018, worth a combined $23.7M — up 15% from $20.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DMF positions and 6 closed out — a net gain of 5 holders — while 17 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.89M. The largest seller was Robinson Capital Management, cutting an estimated $693K.
- 53 institutional investors held BNY Mellon Municipal Income (DMF) as of Q3 2018, up from 48 in Q2 2018.
- Funds reported $23.7M of BNY Mellon Municipal Income stock for Q3 2018, up 15% quarter-over-quarter.
- 11 funds opened new BNY Mellon Municipal Income positions in Q3 2018 and 6 closed out, a net change of +5 holders.
- The largest BNY Mellon Municipal Income buyer in Q3 2018 was Karpus Investment Management, an estimated $2.89M added.
- The largest BNY Mellon Municipal Income seller in Q3 2018 was Robinson Capital Management, an estimated $693K sold.
Based on aggregated 13F filings for Q3 2018.