Eaton Vance Municipal Bond Fund
EIM
125 hedge funds and large institutions have $271M invested in Eaton Vance Municipal Bond Fund in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 29 reducing their positions, and 13 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 29
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
3% more funds holding
Funds holding: 121 → 125 (+4)
0.35% less ownership
Funds ownership: 28.64% → 28.3% (-0.35%)
3% less capital invested
Capital invested by funds: $280M → $271M (-$9.49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$8.12M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.81M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.76M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.86M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$25.8M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.26M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$934K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$908K |
| 5 |
Cohen & Steers
New York
|
-$724K |
EIM Hedge Fund Activity: Q1 2021 in Review
125 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q1 2021, worth a combined $271M — down 3.4% from $280M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new EIM positions and 13 closed out — a net gain of 5 holders — while 41 added to existing stakes and 29 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $8.12M. The largest seller was Karpus Investment Management, cutting an estimated $25.8M.
- 125 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q1 2021, up from 121 in Q4 2020.
- Funds reported $271M of Eaton Vance Municipal Bond Fund stock for Q1 2021, down 3.4% quarter-over-quarter.
- 18 funds opened new Eaton Vance Municipal Bond Fund positions in Q1 2021 and 13 closed out, a net change of +5 holders.
- The largest Eaton Vance Municipal Bond Fund buyer in Q1 2021 was Rivernorth Capital Management, an estimated $8.12M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q1 2021 was Karpus Investment Management, an estimated $25.8M sold.
Based on aggregated 13F filings for Q1 2021.