Eaton Vance Floating-Rate Income Trust
EFT
90 hedge funds and large institutions have $217M invested in Eaton Vance Floating-Rate Income Trust in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 29 reducing their positions, and 8 closing their positions.
6% more capital invested
Capital invested by funds: $204M → $217M (+$12.9M)
0.89% more ownership
Funds ownership: 44.97% → 45.86% (+0.89%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 93 → 90 (-3)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
14% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
+$5.71M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$4.18M |
| 3 |
AFM
Andesa Financial Management
Allentown,
Pennsylvania
|
+$2.54M |
| 4 |
Morgan Stanley
New York
|
+$1.69M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$901K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$3.4M |
| 2 |
CWM
Circle Wealth Management
Summit,
New Jersey
|
-$1.38M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$578K |
| 4 |
SCM
Saba Capital Management
New York
|
-$505K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$453K |
EFT Hedge Fund Activity: Q3 2020 in Review
90 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Floating-Rate Income Trust (EFT) for Q3 2020, worth a combined $217M — up 6.3% from $204M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EFT and 7 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 25 added.
The largest buyer was Oak Hill Advisors, adding an estimated $5.71M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $3.4M sold.
- 90 institutional investors held Eaton Vance Floating-Rate Income Trust (EFT) as of Q3 2020, down from 93 in Q2 2020.
- Funds reported $217M of Eaton Vance Floating-Rate Income Trust stock for Q3 2020, up 6.3% quarter-over-quarter.
- 7 funds opened new Eaton Vance Floating-Rate Income Trust positions in Q3 2020 and 8 closed out, a net change of -1 holder.
- The largest Eaton Vance Floating-Rate Income Trust buyer in Q3 2020 was Oak Hill Advisors, an estimated $5.71M added.
- The largest Eaton Vance Floating-Rate Income Trust seller in Q3 2020 was Oaktree Capital Management, an estimated $3.4M sold.
Based on aggregated 13F filings for Q3 2020.