Eaton Vance Floating-Rate Income Trust
EFT
77 hedge funds and large institutions have $206M invested in Eaton Vance Floating-Rate Income Trust in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 18 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
5% more capital invested
Capital invested by funds: $197M → $206M (+$9.06M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.13% less ownership
Funds ownership: 33.29% → 32.16% (-1.1%)
14% less funds holding
Funds holding: 90 → 77 (-13)
67% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
+$2.44M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.08M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2M |
| 4 |
RVPG
Relative Value Partners Group
|
+$1.16M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$966K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$2.85M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.29M |
| 3 |
Cohen & Steers
New York
|
-$1.45M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.17M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$1.13M |
EFT Hedge Fund Activity: Q1 2018 in Review
77 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q1 2018, worth a combined $206M — up 4.6% from $197M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of EFT and 6 opened new positions — a net loss of 12 holders — while 18 trimmed existing stakes and 28 added.
The largest buyer was Restructuring Capital Associates, adding an estimated $2.44M. The largest seller was Geneos Wealth Management, exiting entirely with an estimated $2.85M sold.
- 77 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q1 2018, down from 90 in Q4 2017.
- Funds reported $206M of Eaton Vance Floating-Rate Income Trust stock for Q1 2018, up 4.6% quarter-over-quarter.
- 6 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q1 2018 and 18 closed out, a net change of -12 holders.
- The largest Eaton Vance Floating-Rate Income Trust buyer in Q1 2018 was Restructuring Capital Associates, an estimated $2.44M added.
- The largest Eaton Vance Floating-Rate Income Trust seller in Q1 2018 was Geneos Wealth Management, an estimated $2.85M sold.
Based on aggregated 13F filings for Q1 2018.