Pioneer Municipal High Income Fund
MHI
MHI was delisted on the 22nd of August, 2025.
64 hedge funds and large institutions have $70.6M invested in Pioneer Municipal High Income Fund in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
8.57% more ownership
Funds ownership: 34.51% → 43.08% (+8.6%)
5% more capital invested
Capital invested by funds: $67M → $70.6M (+$3.61M)
2% more funds holding
Funds holding: 63 → 64 (+1)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$15.3M |
| 2 |
API
Advisor Partners II
Walnut Creek,
California
|
+$2.55M |
| 3 |
Morgan Stanley
New York
|
+$1.59M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.24M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$523K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.94M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.1M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$704K |
| 4 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$682K |
| 5 |
XF
XML Financial
Bethesda,
Maryland
|
-$242K |
MHI Hedge Fund Activity: Q3 2023 in Review
64 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Fund (MHI) for Q3 2023, worth a combined $70.6M — up 5.4% from $67M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MHI positions and 7 closed out — a net gain of 2 holders — while 24 added to existing stakes and 22 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $15.3M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.94M.
- 64 institutional investors held Pioneer Municipal High Income Fund (MHI) as of Q3 2023, up from 63 in Q2 2023.
- Funds reported $70.6M of Pioneer Municipal High Income Fund stock for Q3 2023, up 5.4% quarter-over-quarter.
- 9 funds opened new Pioneer Municipal High Income Fund positions in Q3 2023 and 7 closed out, a net change of +2 holders.
- The largest Pioneer Municipal High Income Fund buyer in Q3 2023 was Saba Capital Management, an estimated $15.3M added.
- The largest Pioneer Municipal High Income Fund seller in Q3 2023 was Rivernorth Capital Management, an estimated $2.94M sold.
Based on aggregated 13F filings for Q3 2023.