Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
57 hedge funds and large institutions have $50.5M invested in Pioneer Municipal High Income Advantage Fund in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 7 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
1.21% more ownership
Funds ownership: 26.73% → 27.94% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 61 → 57 (-4)
10% less capital invested
Capital invested by funds: $55.9M → $50.5M (-$5.45M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.82M |
| 2 |
XF
XML Financial
Bethesda,
Maryland
|
+$1.21M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$867K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$562K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$268K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$931K |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$893K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$731K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$430K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
-$362K |
MAV Hedge Fund Activity: Q3 2022 in Review
57 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q3 2022, worth a combined $50.5M — down 9.7% from $55.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MAV and 3 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 26 added.
The largest buyer was Morgan Stanley, adding an estimated $2.82M. The largest seller was CLA (CliftonLarsonAllen) Wealth Advisors, exiting entirely with an estimated $931K sold.
- 57 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q3 2022, down from 61 in Q2 2022.
- Funds reported $50.5M of Pioneer Municipal High Income Advantage Fund stock for Q3 2022, down 9.7% quarter-over-quarter.
- 3 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q3 2022 and 7 closed out, a net change of -4 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q3 2022 was Morgan Stanley, an estimated $2.82M added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q3 2022 was CLA (CliftonLarsonAllen) Wealth Advisors, an estimated $931K sold.
Based on aggregated 13F filings for Q3 2022.