abrdn National Municipal Income Fund
VFL
VFL was delisted on the 10th of July, 2026.
52 hedge funds and large institutions have $28.3M invested in abrdn National Municipal Income Fund in 2025 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
6% more funds holding
Funds holding: 49 → 52 (+3)
0.58% more ownership
Funds ownership: 23.28% → 23.86% (+0.58%)
4% less capital invested
Capital invested by funds: $29.5M → $28.3M (-$1.18M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$643K |
| 2 |
SCM
Saba Capital Management
New York
|
+$555K |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
+$477K |
| 4 |
Morgan Stanley
New York
|
+$357K |
| 5 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
+$343K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$424K |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$388K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$278K |
| 4 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$184K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$130K |
VFL Hedge Fund Activity: Q2 2025 in Review
52 of the 7,618 institutional investors tracked by Wall St. Rank reported a position in abrdn National Municipal Income Fund (VFL) for Q2 2025, worth a combined $28.3M — down 4% from $29.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new VFL positions and 4 closed out — a net gain of 5 holders — while 17 added to existing stakes and 10 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $643K. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $424K.
- 52 institutional investors held abrdn National Municipal Income Fund (VFL) as of Q2 2025, up from 49 in Q1 2025.
- Funds reported $28.3M of abrdn National Municipal Income Fund stock for Q2 2025, down 4% quarter-over-quarter.
- 9 funds opened new abrdn National Municipal Income Fund positions in Q2 2025 and 4 closed out, a net change of +5 holders.
- The largest abrdn National Municipal Income Fund buyer in Q2 2025 was Guggenheim Capital, an estimated $643K added.
- The largest abrdn National Municipal Income Fund seller in Q2 2025 was Hennion & Walsh Asset Management, an estimated $424K sold.
Based on aggregated 13F filings for Q2 2025.