Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
52 hedge funds and large institutions have $56.5M invested in Pioneer Municipal High Income Advantage Fund in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
8% more funds holding
Funds holding: 48 → 52 (+4)
3.87% less ownership
Funds ownership: 23.01% → 19.15% (-3.9%)
13% less capital invested
Capital invested by funds: $65M → $56.5M (-$8.54M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$835K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$703K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$625K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$381K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$364K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.72M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.87M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.92M |
| 4 |
MSL
Mackay Shields LLC
New York
|
-$1.55M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$735K |
MAV Hedge Fund Activity: Q2 2021 in Review
52 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q2 2021, worth a combined $56.5M — down 13% from $65M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MAV positions and 4 closed out — a net gain of 4 holders — while 18 added to existing stakes and 15 trimmed.
The largest buyer was Bank of America, adding an estimated $835K. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $4.72M sold.
- 52 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q2 2021, up from 48 in Q1 2021.
- Funds reported $56.5M of Pioneer Municipal High Income Advantage Fund stock for Q2 2021, down 13% quarter-over-quarter.
- 8 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q2 2021 and 4 closed out, a net change of +4 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q2 2021 was Bank of America, an estimated $835K added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q2 2021 was 1607 Capital Partners, an estimated $4.72M sold.
Based on aggregated 13F filings for Q2 2021.