Eaton Vance Municipal Bond Fund
EIM
112 hedge funds and large institutions have $279M invested in Eaton Vance Municipal Bond Fund in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 36 reducing their positions, and 12 closing their positions.
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
1% more funds holding
Funds holding: 111 → 112 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 36
5.85% less ownership
Funds ownership: 33.87% → 28.02% (-5.8%)
14% less capital invested
Capital invested by funds: $326M → $279M (-$46.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$18.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.17M |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$1.11M |
| 4 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
+$629K |
| 5 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$464K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$39.6M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$17.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.7M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$2.55M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.31M |
EIM Hedge Fund Activity: Q3 2020 in Review
112 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Bond Fund (EIM) for Q3 2020, worth a combined $279M — down 14% from $326M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new EIM positions and 12 closed out — a net gain of 1 holder — while 35 added to existing stakes and 36 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $18.8M. The largest seller was Karpus Investment Management, cutting an estimated $39.6M.
- 112 institutional investors held Eaton Vance Municipal Bond Fund (EIM) as of Q3 2020, up from 111 in Q2 2020.
- Funds reported $279M of Eaton Vance Municipal Bond Fund stock for Q3 2020, down 14% quarter-over-quarter.
- 13 funds opened new Eaton Vance Municipal Bond Fund positions in Q3 2020 and 12 closed out, a net change of +1 holder.
- The largest Eaton Vance Municipal Bond Fund buyer in Q3 2020 was Bramshill Investments, an estimated $18.8M added.
- The largest Eaton Vance Municipal Bond Fund seller in Q3 2020 was Karpus Investment Management, an estimated $39.6M sold.
Based on aggregated 13F filings for Q3 2020.