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MUI

BlackRock Municipal Income Fund, Inc.

Delisted

MUI was delisted on the 14th of February, 2025.

93 hedge funds and large institutions have $205M invested in BlackRock Municipal Income Fund, Inc. in 2024 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 49 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% less funds holding

Funds holding: 11493 (-21)

57% less capital invested

Capital invested by funds: $476M → $205M (-$271M)

60% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 30

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

80% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 49

Holders
93
Holders Change
-21
Holders Change %
-18.42%
% of All Funds
1.22%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.01%
New
12
Increased
10
Reduced
49
Closed
30
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$128M -$87.1M -6,966,067 -40%
Morgan Stanley
2
Morgan Stanley
New York
$20.5M -$3.14M -251,119 -13%
RCM
3
Rivernorth Capital Management
Florida
$4.2M -$31.1M -2,485,426 -88%
PNC Financial Services Group
4
PNC Financial Services Group
Pennsylvania
$3.85M -$1.91M -152,379 -32%
Wells Fargo
5
Wells Fargo
California
$3.49M -$2.67M -213,156 -43%
DWM
6
Dakota Wealth Management
Florida
$2.98M -$1.3M -104,266 -30%
Bank of America
7
Bank of America
North Carolina
$2.9M -$13.9M -1,109,633 -82%
VanEck Associates
8
VanEck Associates
New York
$2.59M -$2.6M -207,951 -49%
UBS Group
9
UBS Group
Switzerland
$2.56M +$1.31M +104,426 +98%
MSL
10
Mackay Shields LLC
New York
$2.29M -$9.89M -790,783 -81%
IP
11
Intellectus Partners
California
$1.95M -$283K -22,628 -12%
Creative Planning
12
Creative Planning
Kansas
$1.77M +$1.83M +146,149 New
YCM
13
Yakira Capital Management
Connecticut
$1.65M -$1.03M -82,280 -38%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$1.6M +$57.6K +4,606 +4%
MWM
15
Melfa Wealth Management
Massachusetts
$1.28M -$77.7K -6,214 -6%
HKAM
16
Horizon Kinetics Asset Management
New York
$1.23M -$4.44K -355 -0.3%
Pathstone Holdings
17
Pathstone Holdings
New Jersey
$1.08M -$16.4M -1,312,755 -94%
TJHA
18
Thomas J. Herzfeld Advisors
Florida
$1.05M +$523K +41,802 +94%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$947K -$259K -20,678 -21%
Raymond James Financial
20
Raymond James Financial
Florida
$893K +$921K +73,676 New
COLIM
21
City of London Investment Management
United Kingdom
$848K -$12.1M -964,413 -93%
Rockefeller Capital Management
22
Rockefeller Capital Management
New York
$760K -$373K -29,822 -32%
Osaic Holdings
23
Osaic Holdings
Arizona
$757K +$264K +21,087 +51%
CIA
24
Capital Investment Advisors
Georgia
$724K -$2.84M -226,917 -79%
RIL
25
Rothschild Investment LLC
Illinois
$707K

MUI Hedge Fund Activity: Q4 2024 in Review

93 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Fund, Inc. (MUI) for Q4 2024, worth a combined $205M — down 57% from $476M a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of MUI and 12 opened new positions — a net loss of 18 holders — while 49 trimmed existing stakes and 10 added.

The largest buyer was Creative Planning, opening a new position worth an estimated $1.83M. The largest seller was Karpus Investment Management, cutting an estimated $87.1M.

  • 93 institutional investors held BlackRock Municipal Income Fund, Inc. (MUI) as of Q4 2024, down from 114 in Q3 2024.
  • Funds reported $205M of BlackRock Municipal Income Fund, Inc. stock for Q4 2024, down 57% quarter-over-quarter.
  • 12 funds opened new BlackRock Municipal Income Fund, Inc. positions in Q4 2024 and 30 closed out, a net change of -18 holders.
  • The largest BlackRock Municipal Income Fund, Inc. buyer in Q4 2024 was Creative Planning, an estimated $1.83M added.
  • The largest BlackRock Municipal Income Fund, Inc. seller in Q4 2024 was Karpus Investment Management, an estimated $87.1M sold.

Based on aggregated 13F filings for Q4 2024.