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Pioneer Municipal High Income Advantage Fund, Inc.

MAVDelisted Aug 27, 2025

Pioneer Municipal High Income Advantage Fund, Inc. was delisted on Aug 27, 2025; its insiders filed their last Form 4 on Sep 2, 2025; 57 institutions reported holding it in 13F filings for Q2 2025, worth $108.8M in total; no superinvestor held it.

13F holders, Q1 2025

Institutional positions in Pioneer Municipal High Income Advantage Fund, Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
60
+1 vs. Q4 2024
Shares held
13.1M
+458.2K (+3.6%) vs. Q4 2024
Total value
$109.3M
+$2.85M (+2.7%) vs. Q4 2024
New holders
7
22 more added
Sold out
6
18 more reduced

1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MAV on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 60 institutions
Q1 2021: 48 institutionsQ2 2021: 52 institutionsQ3 2021: 56 institutionsQ4 2021: 64 institutionsQ1 2022: 63 institutionsQ2 2022: 61 institutionsQ3 2022: 57 institutionsQ4 2022: 59 institutionsQ1 2023: 66 institutionsQ2 2023: 66 institutionsQ3 2023: 68 institutionsQ4 2023: 67 institutionsQ1 2024: 61 institutionsQ2 2024: 59 institutionsQ3 2024: 60 institutionsQ4 2024: 60 institutionsQ1 2025: 60 institutionsQ2 2025: 57 institutionsQ3 2025: 2 institutionsQ4 2025: 0 institutionsQ1 2026: 0 institutionsQ2 2026: 0 institutions
Value heldQ1 2025: $109.3M
Q1 2021: $65.0MQ2 2021: $56.5MQ3 2021: $55.0MQ4 2021: $59.7MQ1 2022: $55.0MQ2 2022: $55.9MQ3 2022: $50.5MQ4 2022: $47.9MQ1 2023: $49.3MQ2 2023: $57.3MQ3 2023: $60.4MQ4 2023: $78.8MQ1 2024: $83.5MQ2 2024: $90.6MQ3 2024: $101.4MQ4 2024: $106.8MQ1 2025: $109.3MQ2 2025: $108.8MQ3 2025: $321.1KQ4 2025: $0Q1 2026: $0Q2 2026: $0
Institutions holding MAV and their total value by quarter
QuarterHoldersValue
Q2 20260$0
Q1 20260$0
Q4 20250$0
Q3 20252$321.1K
Q2 202557$108.8M
Q1 202560$109.3M
Q4 202460$106.8M
Q3 202460$101.4M
Q2 202459$90.6M
Q1 202461$83.5M
Q4 202367$78.8M
Q3 202368$60.4M
Q2 202366$57.3M
Q1 202366$49.3M
Q4 202259$47.9M
Q3 202257$50.5M
Q2 202261$55.9M
Q1 202263$55.0M
Q4 202164$59.7M
Q3 202156$55.0M
Q2 202152$56.5M
Q1 202148$65.0M

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Pioneer Municipal High Income Advantage Fund, Inc.; share changes are against Q4 2024.

Institutions holding MAV in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Saba Capital Management, L.P.3,922,889$32.8M0.90%+161,761+4.3%Added
Sit Investment Associates Inc2,128,384$17.8M0.42%+15,869+0.8%Added
Rivernorth Capital Management, LLC1,489,569$12.4M0.66%+57,328+4.0%Added
Mackay Shields LLC814,432$6.80M0.22%00.0%Unchanged
City of London Investment Management Co Ltd554,694$4.63M0.50%−2070.0%Reduced
Hennion & Walsh Asset Management, Inc.537,558$4.49M0.20%−15,260−2.8%Reduced
Guggenheim Capital LLC359,468$3.00M0.03%+152,109+73.4%Added
Almitas Capital LLC306,517$2.56M0.85%+61,511+25.1%Added
Morgan Stanley287,965$2.40M0.00%−27,457−8.7%Reduced
Icon Advisers Inc214,373$1.79M0.42%+120,216+127.7%Added
Pathstone Holdings, LLC197,116$1.69M0.01%−118,957−37.6%Reduced
Royal Bank of Canada173,441$1.45M0.00%+321+0.2%Added
UBS Group AG172,823$1.44M0.00%−47,860−21.7%Reduced
Bank of New York Mellon Corp159,455$1.33M0.00%+113+0.1%Added
Baird Financial Group, Inc.146,708$1.23M0.00%+3,899+2.7%Added
Envestnet Asset Management Inc128,411$1.07M0.00%+2,590+2.1%Added
Van Eck Associates Corp115,722$966.0K0.00%−57,585−33.2%Reduced
Park Avenue Securities LLC115,712$966.0K0.01%−2,138−1.8%Reduced
CNH Partners LLC105,769$883.2K0.02%−38,296−26.6%Reduced
Verition Fund Management LLC100,504$839.2K0.00%+100,504New
Gridiron Partners, LLC79,023$659.8K0.42%00.0%Unchanged
Blue Bell Private Wealth Management, LLC71,823$599.7K0.11%00.0%Unchanged
Karpus Management, Inc.63,579$530.9K0.02%+63,579New
Melfa Wealth Management, LLC54,956$458.9K0.31%00.0%Unchanged
Raymond James Financial Inc53,102$443.4K0.00%−9,967−15.8%Reduced
Avantax Advisory Services, Inc.50,481$421.5K0.00%−3,696−6.8%Reduced
Toronto Dominion Bank49,530$413.6K0.00%+49,530New
Wells Fargo & Company48,112$401.7K0.00%+7,092+17.3%Added
Thomas J. Herzfeld Advisors, Inc.44,032$367.7K0.13%+9,082+26.0%Added
Insigneo Advisory Services, LLC43,000$359.1K0.04%+20,000+87.0%Added
Nuveen, LLC40,709$339.9K0.00%+40,709New
Chicago Partners Investment Group LLC39,811$326.9K0.01%+2,232+5.9%Added
CWM, LLC36,247$303.0K0.00%+140.0%Added
Advisor Resource Council34,845$291.0K0.02%+34,845New
LPL Financial LLC33,473$279.5K0.00%−563−1.7%Reduced
Transce3nd, LLC30,086$251.2K0.11%00.0%Unchanged
Capital Investment Advisors, LLC28,848$240.9K0.00%+140.0%Added
Integrated Capital Management, Inc.24,623$205.6K0.16%+2,211+9.9%Added
Samalin Investment Counsel, LLC23,952$200.0K0.08%+111+0.5%Added
Stratos Wealth Partners, LTD.21,400$178.7K0.00%−470−2.1%Reduced
Steward Partners Investment Advisory, LLC20,076$167.6K0.00%−3,515−14.9%Reduced
Commonwealth Equity Services, LLC19,240$161.0K0.00%−2,149−10.0%Reduced
Cambridge Investment Research Advisors, Inc.18,772$157.0K0.00%−351−1.8%Reduced
Susquehanna International Group, LLP15,288$127.7K0.00%+3,999+35.4%Added
Wealthspire Advisors, LLC15,000$125.3K0.00%00.0%Unchanged
Cetera Investment Advisers14,704$122.8K0.00%+14,704New
XML Financial, LLC14,500$121.1K0.01%−4,600−24.1%Reduced
Plan A Wealth LLC12,897$107.7K0.08%00.0%Unchanged
Ameriprise Financial Inc11,876$99.2K0.00%−160−1.3%Reduced
Moloney Securities Asset Management, LLC11,215$93.6K0.01%+29+0.3%Added
Mariner, LLC11,027$92.1K0.00%00.0%Unchanged
Noble Wealth Management PBC6,046$50.5K0.03%00.0%Unchanged
Comerica Bank5,190$43.3K0.00%00.0%Unchanged
Bank of America Corp4,817$40.2K0.00%00.0%Unchanged
Sunbelt Securities, Inc.2,598$21.7K0.00%+20+0.8%Added
Elequin Capital LP929$7.76K0.00%+929New
Advisor Group Holdings, Inc.857$7.15K0.00%−1,584−64.9%Reduced
Trust Co632$5.28K0.00%00.0%Unchanged
MAI Capital Management430$3.59K0.00%+3+0.7%Added
1620 Investment Advisors, Inc.410$3.42K0.00%00.0%Unchanged
Proequities, Inc.0$00.00%−12,850−100.0%Sold out
Kingswood Wealth Advisors, LLC0$00.00%−58,700−100.0%Sold out
Nomura Holdings Inc0$00.00%−23,400−100.0%Sold out
Sanctuary Advisors, LLC0$00.00%−21,891−100.0%Sold out
Independent Financial Group, LLC0$00.00%−11,400−100.0%Sold out
Nelson, Van Denburg & Campbell Wealth Management Group, LLC0$00.00%−4,083−100.0%Sold out
Nuveen Asset Management, LLC––––Not filed