Eaton Vance Floating-Rate Income Trust
EFT
94 hedge funds and large institutions have $196M invested in Eaton Vance Floating-Rate Income Trust in 2019 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 29 reducing their positions, and 12 closing their positions.
8% more capital invested
Capital invested by funds: $181M → $196M (+$15.2M)
4.59% more ownership
Funds ownership: 33.75% → 38.34% (+4.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
3% less funds holding
Funds holding: 97 → 94 (-3)
10% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$15.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.95M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.78M |
| 4 |
VEA
Virtus ETF Advisers
New York
|
+$2.39M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.56M |
| 2 |
Morgan Stanley
New York
|
-$1.35M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$1.05M |
| 4 |
JP Morgan Chase
New York
|
-$993K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$653K |
EFT Hedge Fund Activity: Q2 2019 in Review
94 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q2 2019, worth a combined $196M — up 8.4% from $181M a quarter earlier.
Fund positioning in EFT was balanced in Q2 2019: 12 funds opened new positions, 12 closed out, 26 added to existing stakes and 29 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $15.1M. The largest seller was Bank of America, cutting an estimated $3.56M.
- 94 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q2 2019, down from 97 in Q1 2019.
- Funds reported $196M of Eaton Vance Floating-Rate Income Trust stock for Q2 2019, up 8.4% quarter-over-quarter.
- 12 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q2 2019 and 12 closed out, a net change of 0 holders.
- The largest Eaton Vance Floating-Rate Income Trust buyer in Q2 2019 was Saba Capital Management, an estimated $15.1M added.
- The largest Eaton Vance Floating-Rate Income Trust seller in Q2 2019 was Bank of America, an estimated $3.56M sold.
Based on aggregated 13F filings for Q2 2019.