BlackRock Municipal Income Fund, Inc.
MUI
MUI was delisted on the 14th of February, 2025.
131 hedge funds and large institutions have $361M invested in BlackRock Municipal Income Fund, Inc. in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 40 increasing their positions, 41 reducing their positions, and 15 closing their positions.
2% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 41
2% less funds holding
Funds holding: 134 → 131 (-3)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
49% less capital invested
Capital invested by funds: $712M → $361M (-$350M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$10.2M |
| 2 |
SCM
Saba Capital Management
New York
|
+$7.9M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.76M |
| 4 |
Rockefeller Capital Management
New York
|
+$1.39M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.8M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.62M |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
-$864K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$800K |
MUI Hedge Fund Activity: Q1 2023 in Review
131 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Fund, Inc. (MUI) for Q1 2023, worth a combined $361M — down 49% from $712M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MUI and 12 opened new positions — a net loss of 3 holders — while 41 trimmed existing stakes and 40 added.
The largest buyer was Karpus Investment Management, adding an estimated $10.2M. The largest seller was Guggenheim Capital, cutting an estimated $3M.
- 131 institutional investors held BlackRock Municipal Income Fund, Inc. (MUI) as of Q1 2023, down from 134 in Q4 2022.
- Funds reported $361M of BlackRock Municipal Income Fund, Inc. stock for Q1 2023, down 49% quarter-over-quarter.
- 12 funds opened new BlackRock Municipal Income Fund, Inc. positions in Q1 2023 and 15 closed out, a net change of -3 holders.
- The largest BlackRock Municipal Income Fund, Inc. buyer in Q1 2023 was Karpus Investment Management, an estimated $10.2M added.
- The largest BlackRock Municipal Income Fund, Inc. seller in Q1 2023 was Guggenheim Capital, an estimated $3M sold.
Based on aggregated 13F filings for Q1 2023.