Eaton Vance Floating-Rate Income Trust
EFT
77 hedge funds and large institutions have $198M invested in Eaton Vance Floating-Rate Income Trust in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 8 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
6% more capital invested
Capital invested by funds: $187M → $198M (+$10.4M)
0.52% less ownership
Funds ownership: 34.22% → 33.7% (-0.52%)
5% less funds holding
Funds holding: 81 → 77 (-4)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.13M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.19M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$856K |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$711K |
| 5 |
TAF
Tredje AP-fonden
Se-111 91 Stockholm,
Sweden
|
+$645K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
-$4.37M |
| 2 |
OHA
Oak Hill Advisors
New York
|
-$2.09M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.66M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$1.6M |
| 5 |
RPA
Rock Point Advisors
Burlington,
Vermont
|
-$1.27M |
EFT Hedge Fund Activity: Q3 2016 in Review
77 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q3 2016, worth a combined $198M — up 5.6% from $187M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EFT and 4 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 26 added.
The largest buyer was Bank of America, adding an estimated $4.13M. The largest seller was Zuckerman Investment Group, exiting entirely with an estimated $4.37M sold.
- 77 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q3 2016, down from 81 in Q2 2016.
- Funds reported $198M of Eaton Vance Floating-Rate Income Trust stock for Q3 2016, up 5.6% quarter-over-quarter.
- 4 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q3 2016 and 8 closed out, a net change of -4 holders.
- The largest Eaton Vance Floating-Rate Income Trust buyer in Q3 2016 was Bank of America, an estimated $4.13M added.
- The largest Eaton Vance Floating-Rate Income Trust seller in Q3 2016 was Zuckerman Investment Group, an estimated $4.37M sold.
Based on aggregated 13F filings for Q3 2016.