Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
56 hedge funds and large institutions have $71.5M invested in Pioneer Municipal High Income Advantage Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 5 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
3% more capital invested
Capital invested by funds: $69.4M → $71.5M (+$2.06M)
0% more funds holding
Funds holding: 56 → 56 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0.18% less ownership
Funds ownership: 27.56% → 27.38% (-0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$9.41M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.65M |
| 3 |
Rockefeller Capital Management
New York
|
+$213K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$205K |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$188K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$7.03M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.22M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.41M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$496K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$438K |
MAV Hedge Fund Activity: Q3 2020 in Review
56 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q3 2020, worth a combined $71.5M — up 3% from $69.4M a quarter earlier.
Fund positioning in MAV was balanced in Q3 2020: 5 funds opened new positions, 5 closed out, 23 added to existing stakes and 21 trimmed.
The largest buyer was Mackay Shields LLC, adding an estimated $9.41M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $7.03M sold.
- 56 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $71.5M of Pioneer Municipal High Income Advantage Fund stock for Q3 2020, up 3% quarter-over-quarter.
- 5 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q3 2020 and 5 closed out, a net change of 0 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q3 2020 was Mackay Shields LLC, an estimated $9.41M added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q3 2020 was Robinson Capital Management, an estimated $7.03M sold.
Based on aggregated 13F filings for Q3 2020.