BlackRock Municipal Income Fund, Inc.
MUI
MUI was delisted on the 14th of February, 2025.
123 hedge funds and large institutions have $357M invested in BlackRock Municipal Income Fund, Inc. in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 41 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
0% more funds holding
Funds holding: 123 → 123 (0)
3% less capital invested
Capital invested by funds: $369M → $357M (-$12.1M)
12% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 41
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$13M |
| 2 |
API
Advisor Partners II
Walnut Creek,
California
|
+$8.87M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.99M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.44M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$3.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.53M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.52M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$748K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$498K |
| 5 |
HFRG
Houlihan Financial Resource Group
Ashburn,
Virginia
|
-$480K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DFG
126
Delphi Financial Group
Wilmington,
Delaware
| – | -$349K | -30,513 | Closed |
|
|
WE
127
Wealth Effects
Boston,
Massachusetts
| – | -$191K | -16,724 | Closed |
|
128
Fisher Asset Management
Camas,
Washington
| – | -$134K | -11,713 | Closed |
|
|
CT
129
Caldwell Trust
Venice,
Florida
| – | -$42.9K | -3,754 | Closed |
|
|
PB
130
Pinnacle Bancorp
Beatrice,
Nebraska
| – | -$25.7K | -2,247 | Closed |
|
|
TFP
131
Tilia Fiduciary Partners
Wilmington,
North Carolina
| – | -$24.4K | -2,129 | Closed |
|
132
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$7K | -585 | Closed |
|
|
TRCT
133
Tower Research Capital (TRC)
New York
| – | -$3.39K | -296 | Closed |
|
|
IA
134
IFP Advisors
Tampa,
Florida
| – | -$3.21K | -281 | Closed |
|
|
FHA
135
First Horizon Advisors
Memphis,
Tennessee
| – | -$2.01K | -176 | Closed |
|
MUI Hedge Fund Activity: Q3 2023 in Review
123 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Fund, Inc. (MUI) for Q3 2023, worth a combined $357M — down 3.3% from $369M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MUI positions and 11 closed out — a net gain of 2 holders — while 36 added to existing stakes and 41 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $13M. The largest seller was Morgan Stanley, cutting an estimated $4.53M.
- 123 institutional investors held BlackRock Municipal Income Fund, Inc. (MUI) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $357M of BlackRock Municipal Income Fund, Inc. stock for Q3 2023, down 3.3% quarter-over-quarter.
- 13 funds opened new BlackRock Municipal Income Fund, Inc. positions in Q3 2023 and 11 closed out, a net change of +2 holders.
- The largest BlackRock Municipal Income Fund, Inc. buyer in Q3 2023 was Rivernorth Capital Management, an estimated $13M added.
- The largest BlackRock Municipal Income Fund, Inc. seller in Q3 2023 was Morgan Stanley, an estimated $4.53M sold.
Based on aggregated 13F filings for Q3 2023.