Companies: 10,795·Total market cap: $144.5T
BlackRock Municipal Income Fund, Inc.

BlackRock Municipal Income Fund, Inc.

MUINYSEFinancial Services
$12.09
+$0.37(+3.11%)
Market Cap$870384441
P/E Ratio
52W High$13.22
52W Low$11.46

BlackRock Municipal Income Fund, Inc. (MUI) Stock Ownership

Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.

SEC 13F · FMP · MUI · as of Dec 31, 2024

Ownership Breakdown

Institutions 23.5%
Insiders 0%
Public 76.5%

94

Institutional Holders

▼ 21 vs Q3

$205.10M

Total Inst. Value

▼ $270.60M vs Q3

71.99M

Shares Outstanding

freeFloat 100.00%

16.92M

13F Shares Held

▼ 21.30M vs Q3

Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.

Top Institutional Holders

MUI largest shareholders · institutional ownership

Q4 2024 · SEC 13F

Showing top 10 holders

HolderShares% OwnedWeightValueReportedChange

KARPUS MANAGEMENT, INC.

10.56M14.50%

14.50%

$128.03BFeb 14, 2025 6.97M

MORGAN STANLEY

1.69M2.32%

2.32%

$20.46BMay 15, 2025 251.1K

RIVERNORTH CAPITAL MANAGEMENT, LLC

346.8K47.60%

47.60%

$4.20BFeb 14, 2025 2.49M

PNC FINANCIAL SERVICES GROUP, INC.

317.9K43.63%

43.63%

$3.85BFeb 7, 2025 152.4K

WELLS FARGO & COMPANY/MN

287.7K39.49%

39.49%

$3.49BFeb 13, 2025 213.2K

DAKOTA WEALTH MANAGEMENT

246.2K33.79%

33.79%

$2.98BJan 17, 2025 104.3K

BANK OF AMERICA CORP /DE/

239.3K32.84%

32.84%

$2.90BFeb 14, 2025 1.11M

VAN ECK ASSOCIATES CORP

213.9K29.36%

29.36%

$2.59BJan 29, 2025 208.0K

UBS GROUP AG

211.1K28.97%

28.97%

$2.56BFeb 14, 2025 104.4K

MACKAY SHIELDS LLC

189.1K25.95%

25.95%

$2.29BFeb 4, 2025 790.8K

Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).

Institutional Activity

Q4 2024 vs prior quarter

Q4 2024

Net institutional sentimentBearish — more selling than buying

9

Increased

+245.9K shares

4

New Positions

first time holders

34

Decreased

−15.56M shares

0

Sold Out

fully exited

Net shares change (top 50)

15.31M

+245.9K / −15.56M

Net new holders

-21

4 new / 0 exited

Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).

Insider Buying vs Selling

MUI insider trading · insider activity

Source: SEC Form 4

Buy 10%Active transactions only90% Sell

Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.

0

Buy transactions

1

Sell transactions

0.00

Buy/Sell ratio

$0M

Total disposed

Recent Insider Transactions

Showing 10 most recent · Common Stock only

Name · RoleDateTypeSharesPriceValueAfter Trans.Filing

BANK OF AMERICA CORP /DE/

10 percent owner

Jul 8, 2022Purchase4,075$12.20$49.7K4.1KForm 4 ↗

BANK OF AMERICA CORP /DE/

10 percent owner

Jul 11, 2022Sale300$12.32$3.7K3.8KForm 4 ↗

BANK OF AMERICA CORP /DE/

10 percent owner

Jul 11, 2022Sale100$12.32$1.2K3.7KForm 4 ↗

BANK OF AMERICA CORP /DE/

10 percent owner

Jul 11, 2022Sale100$12.32$1.2K3.6KForm 4 ↗

BANK OF AMERICA CORP /DE/

10 percent owner

Jul 11, 2022Sale100$12.32$1.2K3.5KForm 4 ↗

BANK OF AMERICA CORP /DE/

10 percent owner

Jul 11, 2022Sale100$12.32$1.2K3.4KForm 4 ↗

BANK OF AMERICA CORP /DE/

10 percent owner

Jul 11, 2022Sale348$12.32$4.3K3.0KForm 4 ↗

BANK OF AMERICA CORP /DE/

10 percent owner

Jul 11, 2022Sale100$12.32$1.2K2.9KForm 4 ↗

BANK OF AMERICA CORP /DE/

10 percent owner

Jul 11, 2022Sale99$12.31$1.2K2.8KForm 4 ↗

BANK OF AMERICA CORP /DE/

10 percent owner

Jul 11, 2022Sale100$12.30$1.2K2.7KForm 4 ↗

Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.

About institutional & insider ownership

BlackRock Municipal Income Fund, Inc. (MUI) is primarily owned by institutional investors, who hold approximately 23.5% of total shares outstanding. Company insiders own approximately 0.00%, while retail and public investors account for the remaining 76.50%.

The largest institutional shareholder of BlackRock Municipal Income Fund, Inc. is KARPUS MANAGEMENT, INC., holding approximately 10.56 million shares — equal to 14.50% of outstanding shares — as of December 31, 2024.

A total of 94 institutional investors currently hold MUI stock, with a combined institutional value of approximately $205,096,110 as of the most recent 13F filing period.

Frequently asked questions

MUI ownership

BlackRock Municipal Income Fund, Inc. (MUI) is primarily owned by institutional investors, who hold approximately 23.5% of shares. The largest shareholder is KARPUS MANAGEMENT, INC. with a 14.50% stake. Company insiders hold 0.00%. Data sourced from SEC Form 13F as of December 31, 2024.

who owns MUI stockMUI ownership structureSEC Form 13F institutional holdingsMUI float vs institutions
Source: FMP · SEC Form 13F · SEC Form 4As of December 31, 2024