BNY Mellon Municipal Income
DMF
DMF was delisted on the 17th of June, 2025.
44 hedge funds and large institutions have $24.1M invested in BNY Mellon Municipal Income in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 6 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
1.68% less ownership
Funds ownership: 13.63% → 11.95% (-1.7%)
4% less funds holding
Funds holding: 46 → 44 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
63% less capital inflows, than outflows
Capital inflows: $1.92M | Capital outflows: $5.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$600K |
| 2 |
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$512K |
| 3 |
Kestra Advisory Services
Austin,
Texas
|
+$384K |
| 4 |
PWS
Private Wealth Strategies
New Albany,
Ohio
|
+$154K |
| 5 |
Morgan Stanley
New York
|
+$53.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.59M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.27M |
| 3 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$907K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$490K |
| 5 |
CSA
Cottage Street Advisors
Marion,
Massachusetts
|
-$209K |
DMF Hedge Fund Activity: Q3 2021 in Review
44 of the 5,732 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon Municipal Income (DMF) for Q3 2021, worth a combined $24.1M — down 9.2% from $26.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DMF and 4 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was Invesco, opening a new position worth an estimated $600K. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.59M sold.
- 44 institutional investors held BNY Mellon Municipal Income (DMF) as of Q3 2021, down from 46 in Q2 2021.
- Funds reported $24.1M of BNY Mellon Municipal Income stock for Q3 2021, down 9.2% quarter-over-quarter.
- 4 funds opened new BNY Mellon Municipal Income positions in Q3 2021 and 6 closed out, a net change of -2 holders.
- The largest BNY Mellon Municipal Income buyer in Q3 2021 was Invesco, an estimated $600K added.
- The largest BNY Mellon Municipal Income seller in Q3 2021 was Robinson Capital Management, an estimated $1.59M sold.
Based on aggregated 13F filings for Q3 2021.