abrdn National Municipal Income Fund
VFL
VFL was delisted on the 10th of July, 2026.
36 hedge funds and large institutions have $13.9M invested in abrdn National Municipal Income Fund in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 17 reducing their positions, and 26 closing their positions.
28.98% less ownership
Funds ownership: 35.43% → 6.46% (-29%)
35% less funds holding
Funds holding: 55 → 36 (-19)
73% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 26
82% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 17
83% less capital invested
Capital invested by funds: $80.9M → $13.9M (-$66.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFG
Berger Financial Group
Plymouth,
Minnesota
|
+$524K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$151K |
| 3 |
SCA
Snowden Capital Advisors
New York
|
+$115K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$110K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$54.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$37.2M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.96M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$4.31M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$3.16M |
| 5 |
Morgan Stanley
New York
|
-$2.78M |
VFL Hedge Fund Activity: Q4 2022 in Review
36 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in abrdn National Municipal Income Fund (VFL) for Q4 2022, worth a combined $13.9M — down 83% from $80.9M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of VFL and 7 opened new positions — a net loss of 19 holders — while 17 trimmed existing stakes and 3 added.
The largest buyer was Berger Financial Group, opening a new position worth an estimated $524K. The largest seller was Saba Capital Management, exiting entirely with an estimated $37.2M sold.
- 36 institutional investors held abrdn National Municipal Income Fund (VFL) as of Q4 2022, down from 55 in Q3 2022.
- Funds reported $13.9M of abrdn National Municipal Income Fund stock for Q4 2022, down 83% quarter-over-quarter.
- 7 funds opened new abrdn National Municipal Income Fund positions in Q4 2022 and 26 closed out, a net change of -19 holders.
- The largest abrdn National Municipal Income Fund buyer in Q4 2022 was Berger Financial Group, an estimated $524K added.
- The largest abrdn National Municipal Income Fund seller in Q4 2022 was Saba Capital Management, an estimated $37.2M sold.
Based on aggregated 13F filings for Q4 2022.