Security Snapshot

abrdn National Municipal Income Fund - Common (VFL) Institutional Ownership

CUSIP: 24610T108

13F Institutional Holders and Ownership History from Q1 2014 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

54

Shares (Excl. Options)

3,818,514

Price

$10.27

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Type / Class
Equity / Common
Symbol
VFL on NYSE
Shares outstanding
12,268,511
Price per share
$10.17
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
3,818,514
Total reported value
$39,213,084
% of total 13F portfolios
0%
Share change
+518,657
Value change
+$5,327,108
Number of holders
54
Price from insider filings
$10.17
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Quick Takeaways

  • VFL - abrdn National Municipal Income Fund - Common is tracked under CUSIP 24610T108.
  • 54 institutions reported positions in Q4 2025.
  • 1 significant owner is listed from Schedule 13D/13G reporting.

What Changed

  • Holder count moved from 54 to 38 between Q4 2025 and Q1 2026.
  • Reported value moved from $39,213,084 to $29,996,184.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Source Evidence

Source: SEC Form 13F

Latest holder context comes from 54 institutions filings for Q4 2025.

Open SEC Evidence

Investment Quick Answers

What is CUSIP 24610T108?
CUSIP 24610T108 identifies VFL - abrdn National Municipal Income Fund - Common in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

Significant Owners of abrdn National Municipal Income Fund - Common (VFL) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
FIRST TRUST PORTFOLIOS LP 4.2% -18% $5,168,822 -$1,105,281 518,958 -18% First Trust Portfolios L.P. 31 Mar 2026

As of 31 Dec 2025, 54 institutional investors reported holding 3,818,514 shares of abrdn National Municipal Income Fund - Common (VFL). This represents 31% of the company’s total 12,268,511 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of abrdn National Municipal Income Fund - Common (VFL) together control 28% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Pathstone Holdings, LLC 3.4% 419,411 +87% 0.02% $4,307,348
MACKAY SHIELDS LLC 3.3% 401,695 0% 0.14% $4,125,408
Allspring Global Investments Holdings, LLC 2.9% 353,273 0% 0.01% $3,628,114
GUGGENHEIM CAPITAL LLC 2.1% 253,077 -3.4% 0.02% $2,599,100
Hennion & Walsh Asset Management, Inc. 2% 241,251 +104% 0.09% $2,477,648
MORGAN STANLEY 1.8% 221,437 -3.4% 0% $2,274,158
RIVERNORTH CAPITAL MANAGEMENT, LLC 1.5% 178,854 +79% 0.09% $1,836,831
RIVERBRIDGE PARTNERS LLC 1.4% 175,152 +44% 0.03% $1,798,808
Matisse Capital 1.4% 174,693 +2.8% 0.8% $1,794,097
Closed-End Fund Advisors, Inc. 1.1% 140,906 0% 0.85% $1,447,105
Logan Stone Capital, LLC 0.93% 113,485 +30% 0.29% $1,165,491
VAN ECK ASSOCIATES CORP 0.84% 103,644 +14% 0% $1,064,000
Realta Investment Advisors 0.78% 95,192 0% 0.32% $977,622
Saba Capital Management, L.P. 0.7% 85,645 -34% 0.03% $879,574
WELLS FARGO & COMPANY/MN 0.64% 79,010 +7.1% 0% $811,431
Noble Wealth Management PBC 0.52% 63,832 +2.7% 0.33% $655,555
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.49% 59,705 +3.2% 0% $608,394
SIT INVESTMENT ASSOCIATES INC 0.42% 51,007 0.01% $524,000
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.41% 50,657 -0.69% 0.08% $520,247
Capital Investment Advisors, LLC 0.34% 42,089 0% 0.01% $432,254
Thomas J. Herzfeld Advisors, Inc. 0.29% 35,909 +36% 0.12% $368,785
ROYAL BANK OF CANADA 0.28% 34,169 +1.9% 0% $351,000
Steward Partners Investment Advisory, LLC 0.24% 29,901 -0.23% 0% $307,083
MELFA WEALTH MANAGEMENT, INC. 0.22% 27,210 -9.5% 0.16% $279,451
LPL Financial LLC 0.22% 26,773 +29% 0% $274,959

Institutional Holders of abrdn National Municipal Income Fund - Common (VFL) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 3,004,365 $29,996,184 +$3,166,132 $9.96 38
2025 Q4 3,818,514 $39,213,084 +$5,327,108 $10.27 54
2025 Q3 3,158,113 $32,378,557 +$1,213,792 $10.26 51
2025 Q2 2,929,227 $28,301,642 +$1,620,511 $9.66 51
2025 Q1 2,858,679 $29,482,090 -$1,760,340 $10.14 48
2024 Q4 3,079,990 $31,213,274 +$931,658 $10.13 58
2024 Q3 2,797,684 $31,184,565 -$3,063,140 $11.17 50
2024 Q2 3,088,031 $32,603,570 -$3,245 $10.56 51
2024 Q1 3,090,981 $32,003,427 -$1,415,341 $10.36 54
2023 Q4 3,230,946 $32,974,017 +$5,555,039 $10.21 58
2023 Q3 2,634,753 $22,809,384 +$7,861,148 $8.61 51
2023 Q2 1,709,537 $17,188,591 +$1,400,495 $10.04 41
2023 Q1 1,567,790 $16,721,281 +$2,291,754 $10.67 43
2022 Q4 1,353,477 $14,036,531 -$65,912,030 $10.37 36
2022 Q3 7,427,031 $80,879,732 +$2,557,487 $10.89 55
2022 Q2 7,186,097 $81,351,223 +$9,570,937 $11.31 60
2022 Q1 6,321,007 $79,955,081 +$64,384,696 $12.65 62
2021 Q4 1,227,551 $17,333,271 +$820,684 $14.12 30
2021 Q3 1,144,691 $16,137,104 -$246,340 $14.10 26
2021 Q2 1,171,703 $16,560,000 +$1,237,962 $14.13 28
2021 Q1 1,073,883 $14,097,909 +$612,931 $13.12 25
2020 Q4 1,025,323 $13,509,000 +$255,658 $13.17 21
2020 Q3 1,008,545 $12,462,000 -$791,563 $12.34 22
2020 Q2 1,058,000 $12,965,000 +$394,532 $12.23 22
2020 Q1 1,026,184 $12,576,000 +$600,063 $12.24 23
2019 Q4 972,282 $12,924,000 -$91,202 $13.28 24
2019 Q3 946,538 $12,728,000 -$758,456 $13.44 25
2019 Q2 971,779 $12,848,000 -$3,570,709 $13.21 24
2019 Q1 1,279,676 $16,248,000 +$3,262,260 $12.68 27
2018 Q4 1,002,075 $11,932,000 +$79,706 $11.91 24
2018 Q3 993,860 $12,046,000 +$1,256,932 $12.12 24
2018 Q2 832,285 $10,367,000 +$278,976 $12.45 23
2018 Q1 809,581 $10,217,000 -$564,498 $12.61 21
2017 Q4 851,754 $11,293,000 +$709,591 $13.26 25
2017 Q3 792,935 $10,728,000 -$859,120 $13.53 21
2017 Q2 867,460 $11,582,000 -$1,136,477 $13.35 23
2017 Q1 953,243 $12,349,000 -$487,357 $12.95 23
2016 Q4 991,344 $13,041,000 +$1,234,862 $13.16 24
2016 Q3 896,070 $12,640,000 +$344,937 $14.08 25
2016 Q2 869,726 $12,854,000 +$2,099,090 $14.79 24
2016 Q1 729,603 $10,060,000 +$1,152,879 $13.79 25
2015 Q4 641,668 $8,341,000 +$1,682,820 $12.98 24
2015 Q3 510,808 $6,539,000 -$193,737 $12.80 21
2015 Q2 545,220 $6,895,000 -$1,940,982 $12.64 22
2015 Q1 698,815 $9,181,000 -$773,103 $13.14 23
2014 Q4 741,247 $9,695,788 -$248,449 $13.09 24
2014 Q3 733,803 $9,366,000 +$2,189,199 $12.77 21
2014 Q2 562,987 $7,269,234 -$303,528 $12.90 22
2014 Q1 602,510 $7,440,000 -$400,337 $12.34 21
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