BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
46 hedge funds and large institutions have $26.5M invested in BNY Mellon Municipal Income in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 3 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 45 → 46 (+1)
2% less capital invested
Capital invested by funds: $27M → $26.5M (-$538K)
1.16% less ownership
Funds ownership: 14.79% → 13.63% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.01M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$141K |
| 3 |
VanEck Associates
New York
|
+$140K |
| 4 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
+$107K |
| 5 |
CF
Centaurus Financial
Anaheim,
California
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.69M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$726K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$669K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$257K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$207K |
DMF Hedge Fund Activity: Q2 2021 in Review
46 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q2 2021, worth a combined $26.5M — down 2% from $27M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DMF positions and 3 closed out — a net gain of 1 holder — while 16 added to existing stakes and 11 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $1.01M. The largest seller was Benjamin F. Edwards & Company, cutting an estimated $1.69M.
- 46 institutional investors held BNY Mellon Municipal Income (DMF) as of Q2 2021, up from 45 in Q1 2021.
- Funds reported $26.5M of BNY Mellon Municipal Income stock for Q2 2021, down 2% quarter-over-quarter.
- 4 funds opened new BNY Mellon Municipal Income positions in Q2 2021 and 3 closed out, a net change of +1 holder.
- The largest BNY Mellon Municipal Income buyer in Q2 2021 was PNC Financial Services Group, an estimated $1.01M added.
- The largest BNY Mellon Municipal Income seller in Q2 2021 was Benjamin F. Edwards & Company, an estimated $1.69M sold.
Based on aggregated 13F filings for Q2 2021.