Eaton Vance Municipal Bond Fund
EIM
69 hedge funds and large institutions have $154M invested in Eaton Vance Municipal Bond Fund in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
5% more capital invested
Capital invested by funds: $146M → $154M (+$7.64M)
5% more funds holding
Funds holding: 66 → 69 (+3)
0.77% more ownership
Funds ownership: 16.92% → 17.69% (+0.77%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.8M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.67M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.33M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$813K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$473K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.1M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.49M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$590K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$482K |
EIM Hedge Fund Activity: Q3 2017 in Review
69 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q3 2017, worth a combined $154M — up 5.2% from $146M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EIM positions and 5 closed out — a net gain of 3 holders — while 23 added to existing stakes and 20 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $5.8M. The largest seller was City of London Investment Management, exiting entirely with an estimated $3.1M sold.
- 69 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q3 2017, up from 66 in Q2 2017.
- Funds reported $154M of Eaton Vance Municipal Bond Fund stock for Q3 2017, up 5.2% quarter-over-quarter.
- 8 funds opened new Eaton Vance Municipal Bond Fund positions in Q3 2017 and 5 closed out, a net change of +3 holders.
- The largest Eaton Vance Municipal Bond Fund buyer in Q3 2017 was Karpus Investment Management, an estimated $5.8M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q3 2017 was City of London Investment Management, an estimated $3.1M sold.
Based on aggregated 13F filings for Q3 2017.