Eaton Vance Floating-Rate Income Trust
EFT
59 hedge funds and large institutions have $88.4M invested in Eaton Vance Floating-Rate Income Trust in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
0.07% more ownership
Funds ownership: 14.44% → 14.51% (+0.07%)
5% less funds holding
Funds holding: 62 → 59 (-3)
5% less capital invested
Capital invested by funds: $93.1M → $88.4M (-$4.71M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.38M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.07M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$436K |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
+$328K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$1.15M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$703K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$361K |
| 4 |
LPL Financial
San Diego,
California
|
-$318K |
| 5 |
CB
Commerce Bank
Kansas City,
Missouri
|
-$318K |
EFT Hedge Fund Activity: Q3 2013 in Review
59 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q3 2013, worth a combined $88.4M — down 5.1% from $93.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of EFT and 4 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 20 added.
The largest buyer was Morgan Stanley, adding an estimated $1.38M. The largest seller was Absolute Return Capital, cutting an estimated $1.15M.
- 59 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q3 2013, down from 62 in Q2 2013.
- Funds reported $88.4M of Eaton Vance Floating-Rate Income Trust stock for Q3 2013, down 5.1% quarter-over-quarter.
- 4 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q3 2013 and 7 closed out, a net change of -3 holders.
- The largest Eaton Vance Floating-Rate Income Trust buyer in Q3 2013 was Morgan Stanley, an estimated $1.38M added.
- The largest Eaton Vance Floating-Rate Income Trust seller in Q3 2013 was Absolute Return Capital, an estimated $1.15M sold.
Based on aggregated 13F filings for Q3 2013.