Eaton Vance Municipal Bond Fund
EIM
66 hedge funds and large institutions have $146M invested in Eaton Vance Municipal Bond Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 8 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
9% more capital invested
Capital invested by funds: $135M → $146M (+$11.7M)
1.18% more ownership
Funds ownership: 15.74% → 16.92% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 70 → 66 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.21M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.87M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.09M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$973K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$374K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.24M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.81M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.04M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$824K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$751K |
EIM Hedge Fund Activity: Q2 2017 in Review
66 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q2 2017, worth a combined $146M — up 8.7% from $135M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EIM and 4 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 27 added.
The largest buyer was Karpus Investment Management, adding an estimated $7.21M. The largest seller was Fiera Capital (Canada), cutting an estimated $4.24M.
- 66 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q2 2017, down from 70 in Q1 2017.
- Funds reported $146M of Eaton Vance Municipal Bond Fund stock for Q2 2017, up 8.7% quarter-over-quarter.
- 4 funds opened new Eaton Vance Municipal Bond Fund positions in Q2 2017 and 8 closed out, a net change of -4 holders.
- The largest Eaton Vance Municipal Bond Fund buyer in Q2 2017 was Karpus Investment Management, an estimated $7.21M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q2 2017 was Fiera Capital (Canada), an estimated $4.24M sold.
Based on aggregated 13F filings for Q2 2017.