Eaton Vance Municipal Bond Fund
EIM
65 hedge funds and large institutions have $81.2M invested in Eaton Vance Municipal Bond Fund in 2013 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 6 closing their positions.
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
51% more capital invested
Capital invested by funds: $53.8M → $81.2M (+$27.4M)
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
25% more funds holding
Funds holding: 52 → 65 (+13)
3.7% more ownership
Funds ownership: 6.84% → 10.55% (+3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$12M |
| 2 |
OHA
Oak Hill Advisors
New York
|
+$4.9M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.18M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.12M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.15M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.13M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.13M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$725K |
| 5 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$186K |
EIM Hedge Fund Activity: Q4 2013 in Review
65 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q4 2013, worth a combined $81.2M — up 51% from $53.8M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new EIM positions and 6 closed out — a net gain of 14 holders — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $12M. The largest seller was Morgan Stanley, cutting an estimated $1.15M.
- 65 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q4 2013, up from 52 in Q3 2013.
- Funds reported $81.2M of Eaton Vance Municipal Bond Fund stock for Q4 2013, up 51% quarter-over-quarter.
- 20 funds opened new Eaton Vance Municipal Bond Fund positions in Q4 2013 and 6 closed out, a net change of +14 holders.
- The largest Eaton Vance Municipal Bond Fund buyer in Q4 2013 was Karpus Investment Management, an estimated $12M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q4 2013 was Morgan Stanley, an estimated $1.15M sold.
Based on aggregated 13F filings for Q4 2013.