Aberdeen Municipal Income Fund
MFM
80 hedge funds and large institutions have $70.1M invested in Aberdeen Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 31 increasing their positions, 22 reducing their positions, and 8 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 22
0% less capital invested
Capital invested by funds: $70.1M → $70.1M (-$47.4K)
1.21% less ownership
Funds ownership: 32.92% → 31.71% (-1.2%)
2% less funds holding
Funds holding: 82 → 80 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.95M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.08M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$745K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$604K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$516K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.81M |
| 2 |
Morgan Stanley
New York
|
-$2.65M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.1M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$990K |
| 5 |
BWG
Balanced Wealth Group
Westlake,
Ohio
|
-$318K |
MFM Hedge Fund Activity: Q1 2024 in Review
80 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q1 2024, worth a combined $70.1M — down 0.07% from $70.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MFM and 6 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 31 added.
The largest buyer was Private Advisor Group, adding an estimated $1.95M. The largest seller was Saba Capital Management, cutting an estimated $3.81M.
- 80 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q1 2024, down from 82 in Q4 2023.
- Funds reported $70.1M of Aberdeen Municipal Income Fund stock for Q1 2024, down 0.07% quarter-over-quarter.
- 6 funds opened new Aberdeen Municipal Income Fund positions in Q1 2024 and 8 closed out, a net change of -2 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q1 2024 was Private Advisor Group, an estimated $1.95M added.
- The largest Aberdeen Municipal Income Fund seller in Q1 2024 was Saba Capital Management, an estimated $3.81M sold.
Based on aggregated 13F filings for Q1 2024.