BlackRock Municipal Income Fund, Inc.
MUI
MUI was delisted on the 14th of February, 2025.
134 hedge funds and large institutions have $340M invested in BlackRock Municipal Income Fund, Inc. in 2022 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 38 increasing their positions, 48 reducing their positions, and 20 closing their positions.
23% more capital invested
Capital invested by funds: $277M → $340M (+$63.3M)
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
1% less funds holding
Funds holding: 135 → 134 (-1)
21% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$90.8M |
| 2 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$5.51M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$3.32M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.02M |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$19.4M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$15.2M |
| 3 |
Morgan Stanley
New York
|
-$6.43M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$2.37M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.13M |
MUI Hedge Fund Activity: Q4 2022 in Review
134 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Fund, Inc. (MUI) for Q4 2022, worth a combined $340M — up 23% from $277M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new MUI positions and 20 closed out — a net gain of 2 holders — while 38 added to existing stakes and 48 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $90.8M. The largest seller was Mackay Shields LLC, exiting entirely with an estimated $19.4M sold.
- 134 institutional investors held BlackRock Municipal Income Fund, Inc. (MUI) as of Q4 2022, down from 135 in Q3 2022.
- Funds reported $340M of BlackRock Municipal Income Fund, Inc. stock for Q4 2022, up 23% quarter-over-quarter.
- 22 funds opened new BlackRock Municipal Income Fund, Inc. positions in Q4 2022 and 20 closed out, a net change of +2 holders.
- The largest BlackRock Municipal Income Fund, Inc. buyer in Q4 2022 was Karpus Investment Management, an estimated $90.8M added.
- The largest BlackRock Municipal Income Fund, Inc. seller in Q4 2022 was Mackay Shields LLC, an estimated $19.4M sold.
Based on aggregated 13F filings for Q4 2022.