Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
59 hedge funds and large institutions have $90.6M invested in Pioneer Municipal High Income Advantage Fund in 2024 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 23 reducing their positions, and 9 closing their positions.
8% more capital invested
Capital invested by funds: $83.5M → $90.6M (+$7.02M)
3.18% more ownership
Funds ownership: 42.94% → 46.12% (+3.2%)
0% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 23
3% less funds holding
Funds holding: 61 → 59 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.99M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$1.75M |
| 3 |
SCM
Saba Capital Management
New York
|
+$1.7M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.31M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.27M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.19M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.05M |
| 4 |
Morgan Stanley
New York
|
-$1.02M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$505K |
MAV Hedge Fund Activity: Q2 2024 in Review
59 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q2 2024, worth a combined $90.6M — up 8.4% from $83.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MAV and 7 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 23 added.
The largest buyer was Sit Investment Associates, adding an estimated $5.99M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $3.27M sold.
- 59 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q2 2024, down from 61 in Q1 2024.
- Funds reported $90.6M of Pioneer Municipal High Income Advantage Fund stock for Q2 2024, up 8.4% quarter-over-quarter.
- 7 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q2 2024 and 9 closed out, a net change of -2 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q2 2024 was Sit Investment Associates, an estimated $5.99M added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q2 2024 was Robinson Capital Management, an estimated $3.27M sold.
Based on aggregated 13F filings for Q2 2024.