EATON VANCE FLOATING-RATE INCOME PLUS FUND
EFF
EFF was delisted on the 18th of June, 2021.
24 hedge funds and large institutions have $49.3M invested in EATON VANCE FLOATING-RATE INCOME PLUS FUND in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
11% less funds holding
Funds holding: 27 → 24 (-3)
23% less capital invested
Capital invested by funds: $63.6M → $49.3M (-$14.4M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.73M |
| 2 |
SCM
Saba Capital Management
New York
|
+$532K |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$479K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$432K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$142K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.93M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.67M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$376K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$263K |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$194K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
26
Matisse Capital
Portland,
Oregon
| – | -$376K | -23,500 | Closed |
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$165K | -10,302 | Closed |
|
EFF Hedge Fund Activity: Q1 2020 in Review
24 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in EATON VANCE FLOATING-RATE INCOME PLUS FUND (EFF) for Q1 2020, worth a combined $49.3M — down 23% from $63.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of EFF and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 9 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $6.73M. The largest seller was Sit Investment Associates, cutting an estimated $1.93M.
- 24 institutional investors held EATON VANCE FLOATING-RATE INCOME PLUS FUND (EFF) as of Q1 2020, down from 27 in Q4 2019.
- Funds reported $49.3M of EATON VANCE FLOATING-RATE INCOME PLUS FUND stock for Q1 2020, down 23% quarter-over-quarter.
- 2 funds opened new EATON VANCE FLOATING-RATE INCOME PLUS FUND positions in Q1 2020 and 3 closed out, a net change of -1 holder.
- The largest EATON VANCE FLOATING-RATE INCOME PLUS FUND buyer in Q1 2020 was Rivernorth Capital Management, an estimated $6.73M added.
- The largest EATON VANCE FLOATING-RATE INCOME PLUS FUND seller in Q1 2020 was Sit Investment Associates, an estimated $1.93M sold.
Based on aggregated 13F filings for Q1 2020.