Eaton Vance Municipal Bond Fund
EIM
123 hedge funds and large institutions have $272M invested in Eaton Vance Municipal Bond Fund in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 29 reducing their positions, and 11 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 29
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
3% more funds holding
Funds holding: 120 → 123 (+3)
0.99% more ownership
Funds ownership: 36.98% → 37.96% (+0.99%)
1% less capital invested
Capital invested by funds: $275M → $272M (-$3.58M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.8M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.12M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.62M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.09M |
| 5 |
BI
Bramshill Investments
Naples,
Florida
|
+$903K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$486K |
| 3 |
GAMC
Garner Asset Management Corp
Plano,
Texas
|
-$463K |
| 4 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$379K |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$303K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAAG
126
Wealth Alliance Advisory Group
Wichita,
Kansas
| – | -$208K | -20,034 | Closed |
|
|
RFC
127
Regions Financial Corp
Birmingham,
Alabama
| – | -$166K | -16,000 | Closed |
|
128
Northern Trust
Chicago,
Illinois
| – | -$152K | -14,633 | Closed |
|
|
ASN
129
Advisory Services Network
Atlanta,
Georgia
| – | -$72.7K | -6,993 | Closed |
|
|
BAM
130
Belpointe Asset Management
Reno,
Nevada
| – | -$48.2K | -4,634 | Closed |
|
|
PCTC
131
Perkins Coie Trust Company
Seattle,
Washington
| – | -$41.6K | -4,000 | Closed |
|
|
MRCM
132
M&R Capital Management
Summit,
New Jersey
| – | -$22.3K | -2,220 | Closed |
|
|
PFBT
133
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$19.5K | -1,875 | Closed |
|
|
BWA
134
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$1.07K | -103 | Closed |
|
EIM Hedge Fund Activity: Q2 2023 in Review
123 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q2 2023, worth a combined $272M — down 1.3% from $275M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new EIM positions and 11 closed out — a net gain of 3 holders — while 39 added to existing stakes and 29 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $5.8M. The largest seller was Morgan Stanley, cutting an estimated $4.4M.
- 123 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q2 2023, up from 120 in Q1 2023.
- Funds reported $272M of Eaton Vance Municipal Bond Fund stock for Q2 2023, down 1.3% quarter-over-quarter.
- 14 funds opened new Eaton Vance Municipal Bond Fund positions in Q2 2023 and 11 closed out, a net change of +3 holders.
- The largest Eaton Vance Municipal Bond Fund buyer in Q2 2023 was Karpus Investment Management, an estimated $5.8M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q2 2023 was Morgan Stanley, an estimated $4.4M sold.
Based on aggregated 13F filings for Q2 2023.