BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
40 hedge funds and large institutions have $19.7M invested in BNY Mellon Municipal Income in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
18% more funds holding
Funds holding: 34 → 40 (+6)
7% more capital invested
Capital invested by funds: $18.4M → $19.7M (+$1.33M)
1.2% more ownership
Funds ownership: 9.46% → 10.67% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.11M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$257K |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$252K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$195K |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$915K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$605K |
| 3 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$109K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$102K |
| 5 |
VanEck Associates
New York
|
-$91.4K |
DMF Hedge Fund Activity: Q4 2019 in Review
40 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q4 2019, worth a combined $19.7M — up 7.2% from $18.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DMF positions and 2 closed out — a net gain of 7 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.11M. The largest seller was Karpus Investment Management, cutting an estimated $915K.
- 40 institutional investors held BNY Mellon Municipal Income (DMF) as of Q4 2019, up from 34 in Q3 2019.
- Funds reported $19.7M of BNY Mellon Municipal Income stock for Q4 2019, up 7.2% quarter-over-quarter.
- 9 funds opened new BNY Mellon Municipal Income positions in Q4 2019 and 2 closed out, a net change of +7 holders.
- The largest BNY Mellon Municipal Income buyer in Q4 2019 was Guggenheim Capital, an estimated $1.11M added.
- The largest BNY Mellon Municipal Income seller in Q4 2019 was Karpus Investment Management, an estimated $915K sold.
Based on aggregated 13F filings for Q4 2019.