Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
40 hedge funds and large institutions have $24.2M invested in Pioneer Municipal High Income Advantage Fund in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
0.67% less ownership
Funds ownership: 10.15% → 9.48% (-0.67%)
2% less funds holding
Funds holding: 41 → 40 (-1)
9% less capital invested
Capital invested by funds: $26.5M → $24.2M (-$2.38M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$560K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$426K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$206K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$105K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$82.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.1M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$988K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$434K |
| 4 |
Morgan Stanley
New York
|
-$224K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$146K |
MAV Hedge Fund Activity: Q3 2018 in Review
40 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q3 2018, worth a combined $24.2M — down 9% from $26.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MAV and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 11 added.
The largest buyer was Guggenheim Capital, adding an estimated $560K. The largest seller was Bessemer Group, cutting an estimated $1.1M.
- 40 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q3 2018, down from 41 in Q2 2018.
- Funds reported $24.2M of Pioneer Municipal High Income Advantage Fund stock for Q3 2018, down 9% quarter-over-quarter.
- 3 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q3 2018 and 4 closed out, a net change of -1 holder.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q3 2018 was Guggenheim Capital, an estimated $560K added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q3 2018 was Bessemer Group, an estimated $1.1M sold.
Based on aggregated 13F filings for Q3 2018.