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Aberdeen Municipal Income Fund

MFM
Exchange
NYSE
SEC CIK
0000801961

No open-market purchases or sales by Aberdeen Municipal Income Fund insiders were filed in the last 90 days; 126 institutions reported holding it in 13F filings for Q2 2026, worth $164.8M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Aberdeen Municipal Income Fund as of Sep 30, 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
87
+1 vs. Q2 2025
Shares held
17.3M
+236.9K (+1.4%) vs. Q2 2025
Total value
$91.6M
+$3.44M (+3.9%) vs. Q2 2025
New holders
13
35 more added
Sold out
12
19 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MFM 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 holdersQ3 2025: 87 institutions
Q1 2021: 72 institutionsQ2 2021: 70 institutionsQ3 2021: 70 institutionsQ4 2021: 71 institutionsQ1 2022: 69 institutionsQ2 2022: 77 institutionsQ3 2022: 72 institutionsQ4 2022: 77 institutionsQ1 2023: 69 institutionsQ2 2023: 69 institutionsQ3 2023: 74 institutionsQ4 2023: 82 institutionsQ1 2024: 79 institutionsQ2 2024: 80 institutionsQ3 2024: 77 institutionsQ4 2024: 84 institutionsQ1 2025: 85 institutionsQ2 2025: 87 institutionsQ3 2025: 87 institutionsQ4 2025: 92 institutionsQ1 2026: 83 institutionsQ2 2026: 126 institutions
Value heldQ3 2025: $91.6M
Q1 2021: $48.5MQ2 2021: $52.5MQ3 2021: $52.0MQ4 2021: $52.9MQ1 2022: $48.6MQ2 2022: $49.6MQ3 2022: $44.0MQ4 2022: $53.7MQ1 2023: $59.0MQ2 2023: $57.7MQ3 2023: $55.4MQ4 2023: $68.1MQ1 2024: $70.0MQ2 2024: $74.6MQ3 2024: $80.3MQ4 2024: $81.9MQ1 2025: $85.6MQ2 2025: $88.2MQ3 2025: $91.6MQ4 2025: $100.8MQ1 2026: $97.0MQ2 2026: $164.8M
Institutions holding MFM and their total value by quarter
QuarterHoldersValue
Q2 2026126$164.8M
Q1 202683$97.0M
Q4 202592$100.8M
Q3 202587$91.6M
Q2 202587$88.2M
Q1 202585$85.6M
Q4 202484$81.9M
Q3 202477$80.3M
Q2 202480$74.6M
Q1 202479$70.0M
Q4 202382$68.1M
Q3 202374$55.4M
Q2 202369$57.7M
Q1 202369$59.0M
Q4 202277$53.7M
Q3 202272$44.0M
Q2 202277$49.6M
Q1 202269$48.6M
Q4 202171$52.9M
Q3 202170$52.0M
Q2 202170$52.5M
Q1 202172$48.5M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Aberdeen Municipal Income Fund; share changes are against Q2 2025.

Institutions holding MFM in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Pathstone Holdings, LLC3,944,944$21.3M0.08%+1,245,143+46.1%Added
Bank of America Corp1,669,433$9.00M0.00%−153,506−8.4%Reduced
UBS Group AG1,140,452$6.15M0.00%+42,723+3.9%Added
Guggenheim Capital LLC943,762$5.09M0.04%−23,596−2.4%Reduced
Saba Capital Management, L.P.918,910$4.95M0.16%−122,717−11.8%Reduced
Advisors Asset Management, Inc.885,553$4.77M0.08%+12,407+1.4%Added
Janney Montgomery Scott LLC664,629$3.58M0.01%+60,962+10.1%Added
Hennion & Walsh Asset Management, Inc.519,468$2.80M0.10%−291,689−36.0%Reduced
Logan Stone Capital, LLC508,288$2.74M1.24%+16,554+3.4%Added
Invesco Ltd.444,426$2.40M0.00%+21,015+5.0%Added
Mackay Shields LLC433,155$2.33M0.08%+100,000+30.0%Added
Rivernorth Capital Management, LLC397,548$2.14M0.12%+10,423+2.7%Added
Van Eck Associates Corp305,743$1.65M0.00%+20,435+7.2%Added
LPL Financial LLC255,562$1.38M0.00%+25,228+11.0%Added
Envestnet Asset Management Inc243,790$1.31M0.00%−307,412−55.8%Reduced
Private Advisor Group, LLC206,411$1.11M0.01%−21,354−9.4%Reduced
Raymond James Financial Inc197,616$1.07M0.00%+40.0%Added
Morgan Stanley174,240$939.2K0.00%+27,177+18.5%Added
Cohen & Steers, Inc.160,000$862.0K0.00%+130,000+433.3%Added
Creative Planning159,540$859.9K0.00%−20,630−11.5%Reduced
Bank of New York Mellon Corp147,480$794.9K0.00%+42,347+40.3%Added
Rockefeller Capital Management L.P.146,192$788.0K0.00%+9,770+7.2%Added
Thomas J. Herzfeld Advisors, Inc.135,397$729.8K0.25%−295,170−68.6%Reduced
Park Avenue Securities LLC133,612$720.0K0.01%+810+0.6%Added
Melfa Wealth Management, LLC127,224$685.7K0.40%+14,000+12.4%Added
Capital Investment Advisors, LLC115,032$620.0K0.01%−3,370−2.8%Reduced
Cambridge Investment Research Advisors, Inc.113,014$609.0K0.00%+15,778+16.2%Added
Riverbridge Partners LLC111,684$602.0K0.01%+42,425+61.3%Added
Bridgewater Advisors Inc.104,640$563.0K0.04%00.0%Unchanged
Robinson Capital Management, LLC101,488$547.0K0.39%+101,488New
GWM Advisors LLC96,929$522.4K0.00%+19,747+25.6%Added
Wells Fargo & Company93,736$505.2K0.00%+5,257+5.9%Added
Ameriprise Financial Inc88,859$479.0K0.00%+22,833+34.6%Added
Royal Bank of Canada86,629$467.0K0.00%+6,973+8.8%Added
Tyche Wealth Partners LLC81,176$437.5K0.08%00.0%Unchanged
Catalina Capital Group, LLC70,125$378.0K0.23%+30,280+76.0%Added
Northwestern Mutual Wealth Management Co59,787$322.3K0.00%−31,300−34.4%Reduced
Summit Financial, LLC56,073$302.2K0.00%+56,073New
Steward Partners Investment Advisory, LLC55,835$301.0K0.00%+55,835New
Rothschild Investment LLC53,000$285.7K0.02%00.0%Unchanged
Matisse Capital52,241$281.6K0.13%+52,241New
MML Investors Services, LLC48,303$260.4K0.00%+1,917+4.1%Added
Aviance Capital Partners, LLC46,270$249.4K0.03%−4,568−9.0%Reduced
Equitable Holdings, Inc.40,118$216.2K0.00%+354+0.9%Added
Blue Bell Private Wealth Management, LLC39,948$215.3K0.03%+1,600+4.2%Added
Cetera Investment Advisers33,221$179.1K0.00%+12,938+63.8%Added
Advisor Group Holdings, Inc.32,622$170.0K0.00%+42+0.1%Added
Noble Wealth Management PBC30,530$164.6K0.09%+30,530New
Center for Financial Planning, Inc.30,000$161.7K0.02%+30,000New
HighTower Advisors, LLC27,668$149.1K0.00%−8,460−23.4%Reduced
Wealthcare Advisory Partners LLC27,230$146.8K0.00%00.0%Unchanged
PFG Investments, LLC27,121$146.2K0.01%+27,121New
Ashton Thomas Private Wealth, LLC27,000$145.5K0.00%00.0%Unchanged
Integrated Capital Management, Inc.24,972$134.6K0.09%+1,021+4.3%Added
Baird Financial Group, Inc.23,676$127.6K0.00%00.0%Unchanged
Ackerman Capital Advisors, LLC23,641$127.4K0.03%+23,641New
Chicago Partners Investment Group LLC22,027$119.6K0.00%+302+1.4%Added
CI Private Wealth, LLC20,513$110.6K0.00%00.0%Unchanged
Commonwealth Equity Services, LLC18,614$100.0K0.00%−604−3.1%Reduced
Warren Averett Asset Management, LLC18,097$97.5K0.00%+52+0.3%Added
Integrated Wealth Concepts LLC15,964$86.0K0.00%−2,764−14.8%Reduced
Susquehanna International Group, LLP15,472$83.4K0.00%−168−1.1%Reduced
Activest Wealth Management14,816$79.9K0.02%+14,816New
Pensionmark Financial Group, LLC14,212$76.6K0.00%+14,212New
Mariner, LLC12,394$66.8K0.00%+1,244+11.2%Added
Gridiron Partners, LLC308,165$64.0K0.04%+296,292+2,495.5%Added
WealthBridge Capital Management, LLC11,700$63.1K0.01%−1,300−10.0%Reduced
Sanctuary Advisors, LLC11,578$62.4K0.00%00.0%Unchanged
Amarillo National Bank11,502$62.0K0.01%00.0%Unchanged
Colonial Trust Advisors11,414$61.5K0.00%+11,414New
Verition Fund Management LLC11,076$59.7K0.00%00.0%Unchanged
GPS Wealth Strategies Group, LLC10,960$59.1K0.01%00.0%Unchanged
Jane Street Group, LLC10,378$55.9K0.00%−8,138−44.0%Reduced
Silverlake Wealth Management LLC10,347$55.8K0.01%00.0%Unchanged
Nomura Holdings Inc10,000$53.9K0.00%−10,000−50.0%Reduced
Commonwealth Financial Services, LLC10,000$53.9K0.01%00.0%Unchanged
NWF Advisory Services Inc.10,000$53.9K0.01%00.0%Unchanged
IFP Advisors, Inc8,010$43.2K0.00%00.0%Unchanged
American National Bank2,820$15.2K0.00%00.0%Unchanged
Kilter Group LLC2,393$12.9K0.01%+2,393New
US Bancorp2,080$11.2K0.00%00.0%Unchanged
MAI Capital Management700$3.77K0.00%00.0%Unchanged
Anchor Investment Management, LLC650$3.50K0.00%−744−53.4%Reduced
Eastern Bank500$2.69K0.00%00.0%Unchanged
Bank of New Hampshire500$2.69K0.00%00.0%Unchanged
Advisory Services Network, LLC335$1.81K0.00%+335New
Ameritas Advisory Services, LLC221$1.19K0.00%+3+1.4%Added
Anderson Financial Strategies, LLC0$00.00%−732,363−100.0%Sold out
Balanced Wealth Group LLC0$00.00%−181,741−100.0%Sold out
Wolverine Asset Management LLC0$00.00%−58,588−100.0%Sold out
Citadel Advisors LLC0$00.00%−53,120−100.0%Sold out
RSM US Wealth Management LLC0$00.00%−40,931−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−12,500−100.0%Sold out
First Financial Bankshares Inc0$00.00%−12,476−100.0%Sold out
Readystate Asset Management LP0$00.00%−11,882−100.0%Sold out
Jones Financial Companies LLLP0$00.00%−5,127−100.0%Sold out
S.A. Mason LLC0$00.00%−3,898−100.0%Sold out
Parallel Advisors, LLC0$00.00%−1,025−100.0%Sold out
Bogart Wealth, LLC0$00.00%−102−100.0%Sold out
Avantax Advisory Services, Inc.––––Not filed