BlackRock Municipal Income Fund, Inc.
MUI
MUI was delisted on the 14th of February, 2025.
123 hedge funds and large institutions have $369M invested in BlackRock Municipal Income Fund, Inc. in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 47 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2% more capital invested
Capital invested by funds: $363M → $369M (+$6.73M)
6% less funds holding
Funds holding: 131 → 123 (-8)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
49% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$14.8M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.35M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.16M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.07M |
| 5 |
AGM
Alpine Global Management
New York
|
+$585K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.03M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$695K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$524K |
| 4 |
VanEck Associates
New York
|
-$462K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$404K |
MUI Hedge Fund Activity: Q2 2023 in Review
123 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Fund, Inc. (MUI) for Q2 2023, worth a combined $369M — up 1.9% from $363M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MUI and 12 opened new positions — a net loss of 5 holders — while 47 trimmed existing stakes and 24 added.
The largest buyer was Saba Capital Management, adding an estimated $14.8M. The largest seller was Morgan Stanley, cutting an estimated $3.03M.
- 123 institutional investors held BlackRock Municipal Income Fund, Inc. (MUI) as of Q2 2023, down from 131 in Q1 2023.
- Funds reported $369M of BlackRock Municipal Income Fund, Inc. stock for Q2 2023, up 1.9% quarter-over-quarter.
- 12 funds opened new BlackRock Municipal Income Fund, Inc. positions in Q2 2023 and 17 closed out, a net change of -5 holders.
- The largest BlackRock Municipal Income Fund, Inc. buyer in Q2 2023 was Saba Capital Management, an estimated $14.8M added.
- The largest BlackRock Municipal Income Fund, Inc. seller in Q2 2023 was Morgan Stanley, an estimated $3.03M sold.
Based on aggregated 13F filings for Q2 2023.