Eaton Vance Municipal Bond Fund
EIM
120 hedge funds and large institutions have $275M invested in Eaton Vance Municipal Bond Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 23 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 33
2% more capital invested
Capital invested by funds: $271M → $275M (+$4.16M)
0.69% more ownership
Funds ownership: 36.29% → 36.98% (+0.69%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
12% less funds holding
Funds holding: 137 → 120 (-17)
65% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.99M |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$3.01M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$2.12M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.97M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.84M |
| 2 |
RVPG
Relative Value Partners Group
|
-$2.82M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.71M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.42M |
| 5 |
PWP
Private Wealth Partners
Mill Valley,
California
|
-$1.37M |
EIM Hedge Fund Activity: Q1 2023 in Review
120 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q1 2023, worth a combined $275M — up 1.5% from $271M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of EIM and 8 opened new positions — a net loss of 15 holders — while 33 trimmed existing stakes and 35 added.
The largest buyer was Karpus Investment Management, adding an estimated $4.99M. The largest seller was Morgan Stanley, cutting an estimated $2.84M.
- 120 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q1 2023, down from 137 in Q4 2022.
- Funds reported $275M of Eaton Vance Municipal Bond Fund stock for Q1 2023, up 1.5% quarter-over-quarter.
- 8 funds opened new Eaton Vance Municipal Bond Fund positions in Q1 2023 and 23 closed out, a net change of -15 holders.
- The largest Eaton Vance Municipal Bond Fund buyer in Q1 2023 was Karpus Investment Management, an estimated $4.99M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q1 2023 was Morgan Stanley, an estimated $2.84M sold.
Based on aggregated 13F filings for Q1 2023.