BlackRock Municipal Income Fund, Inc.
MUI
MUI was delisted on the 14th of February, 2025.
114 hedge funds and large institutions have $476M invested in BlackRock Municipal Income Fund, Inc. in 2024 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 28 reducing their positions, and 27 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
36% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 28
2% more capital invested
Capital invested by funds: $468M → $476M (+$7.6M)
11% less funds holding
Funds holding: 128 → 114 (-14)
48% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$37.5M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$9.36M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$7.5M |
| 4 |
AGM
Alpine Global Management
New York
|
+$6.47M |
| 5 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$6.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$33.9M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$16.6M |
| 3 |
Morgan Stanley
New York
|
-$11.7M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
-$5.45M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.26M |
MUI Hedge Fund Activity: Q3 2024 in Review
114 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Fund, Inc. (MUI) for Q3 2024, worth a combined $476M — up 1.6% from $468M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of MUI and 14 opened new positions — a net loss of 13 holders — while 28 trimmed existing stakes and 38 added.
The largest buyer was Karpus Investment Management, adding an estimated $37.5M. The largest seller was Sit Investment Associates, cutting an estimated $33.9M.
- 114 institutional investors held BlackRock Municipal Income Fund, Inc. (MUI) as of Q3 2024, down from 128 in Q2 2024.
- Funds reported $476M of BlackRock Municipal Income Fund, Inc. stock for Q3 2024, up 1.6% quarter-over-quarter.
- 14 funds opened new BlackRock Municipal Income Fund, Inc. positions in Q3 2024 and 27 closed out, a net change of -13 holders.
- The largest BlackRock Municipal Income Fund, Inc. buyer in Q3 2024 was Karpus Investment Management, an estimated $37.5M added.
- The largest BlackRock Municipal Income Fund, Inc. seller in Q3 2024 was Sit Investment Associates, an estimated $33.9M sold.
Based on aggregated 13F filings for Q3 2024.