Eaton Vance Municipal Bond Fund
EIM
117 hedge funds and large institutions have $262M invested in Eaton Vance Municipal Bond Fund in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 38 increasing their positions, 32 reducing their positions, and 14 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 32
2.65% more ownership
Funds ownership: 37.96% → 40.61% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $272M → $262M (-$9.98M)
5% less funds holding
Funds holding: 123 → 117 (-6)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$10.5M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.49M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.25M |
| 4 |
API
Advisor Partners II
Walnut Creek,
California
|
+$1.79M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$3.28M |
| 2 |
Morgan Stanley
New York
|
-$2.06M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.53M |
| 4 |
BB
Busey Bank
Urbana,
Illinois
|
-$353K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$217K |
EIM Hedge Fund Activity: Q3 2023 in Review
117 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q3 2023, worth a combined $262M — down 3.7% from $272M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of EIM and 9 opened new positions — a net loss of 5 holders — while 32 trimmed existing stakes and 38 added.
The largest buyer was Karpus Investment Management, adding an estimated $10.5M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $3.28M.
- 117 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q3 2023, down from 123 in Q2 2023.
- Funds reported $262M of Eaton Vance Municipal Bond Fund stock for Q3 2023, down 3.7% quarter-over-quarter.
- 9 funds opened new Eaton Vance Municipal Bond Fund positions in Q3 2023 and 14 closed out, a net change of -5 holders.
- The largest Eaton Vance Municipal Bond Fund buyer in Q3 2023 was Karpus Investment Management, an estimated $10.5M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q3 2023 was Hennion & Walsh Asset Management, an estimated $3.28M sold.
Based on aggregated 13F filings for Q3 2023.