Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
61 hedge funds and large institutions have $55.9M invested in Pioneer Municipal High Income Advantage Fund in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 11 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
2.27% more ownership
Funds ownership: 24.47% → 26.73% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $57.4M → $55.9M (-$1.48M)
5% less funds holding
Funds holding: 64 → 61 (-3)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.99M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.35M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.14M |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$1.02M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$943K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XF
XML Financial
Bethesda,
Maryland
|
-$1.77M |
| 2 |
DWM
Doyle Wealth Management
St. Petersburg,
Florida
|
-$804K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$483K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$387K |
| 5 |
VanEck Associates
New York
|
-$189K |
MAV Hedge Fund Activity: Q2 2022 in Review
61 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q2 2022, worth a combined $55.9M — down 2.6% from $57.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MAV and 9 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 23 added.
The largest buyer was Morgan Stanley, adding an estimated $2.99M. The largest seller was XML Financial, exiting entirely with an estimated $1.77M sold.
- 61 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q2 2022, down from 64 in Q1 2022.
- Funds reported $55.9M of Pioneer Municipal High Income Advantage Fund stock for Q2 2022, down 2.6% quarter-over-quarter.
- 9 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q2 2022 and 11 closed out, a net change of -2 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q2 2022 was Morgan Stanley, an estimated $2.99M added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q2 2022 was XML Financial, an estimated $1.77M sold.
Based on aggregated 13F filings for Q2 2022.