Eaton Vance Floating-Rate Income Trust
EFT
78 hedge funds and large institutions have $141M invested in Eaton Vance Floating-Rate Income Trust in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 23 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
10% more funds holding
Funds holding: 71 → 78 (+7)
1.3% more ownership
Funds ownership: 21.3% → 22.6% (+1.3%)
4% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 23
2% more capital invested
Capital invested by funds: $138M → $141M (+$2.84M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
+$6.39M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$2.05M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.02M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.9M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.81M |
| 2 |
EWM
Edge Wealth Management
New York
|
-$1.78M |
| 3 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$1.59M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.45M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.21M |
EFT Hedge Fund Activity: Q2 2014 in Review
78 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q2 2014, worth a combined $141M — up 2.1% from $138M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EFT positions and 2 closed out — a net gain of 7 holders — while 24 added to existing stakes and 23 trimmed.
The largest buyer was Restructuring Capital Associates, adding an estimated $6.39M. The largest seller was Bank of America, cutting an estimated $1.81M.
- 78 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q2 2014, up from 71 in Q1 2014.
- Funds reported $141M of Eaton Vance Floating-Rate Income Trust stock for Q2 2014, up 2.1% quarter-over-quarter.
- 9 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q2 2014 and 2 closed out, a net change of +7 holders.
- The largest Eaton Vance Floating-Rate Income Trust buyer in Q2 2014 was Restructuring Capital Associates, an estimated $6.39M added.
- The largest Eaton Vance Floating-Rate Income Trust seller in Q2 2014 was Bank of America, an estimated $1.81M sold.
Based on aggregated 13F filings for Q2 2014.