Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
64 hedge funds and large institutions have $57.4M invested in Pioneer Municipal High Income Advantage Fund in 2022 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 7 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
2.82% more ownership
Funds ownership: 21.65% → 24.47% (+2.8%)
0% more funds holding
Funds holding: 64 → 64 (0)
4% less capital invested
Capital invested by funds: $59.7M → $57.4M (-$2.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.4M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.7M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.15M |
| 4 |
DWM
Doyle Wealth Management
St. Petersburg,
Florida
|
+$868K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$571K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$423K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$310K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$259K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$187K |
MAV Hedge Fund Activity: Q1 2022 in Review
64 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q1 2022, worth a combined $57.4M — down 3.8% from $59.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MAV positions and 7 closed out — a net gain of 2 holders — while 29 added to existing stakes and 20 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $2.4M. The largest seller was Invesco, cutting an estimated $571K.
- 64 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $57.4M of Pioneer Municipal High Income Advantage Fund stock for Q1 2022, down 3.8% quarter-over-quarter.
- 9 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q1 2022 and 7 closed out, a net change of +2 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q1 2022 was Robinson Capital Management, an estimated $2.4M added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q1 2022 was Invesco, an estimated $571K sold.
Based on aggregated 13F filings for Q1 2022.