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.
82% more capital inflows, than outflows
Capital inflows: $15.8M | Capital outflows: $8.69M
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%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
+$5.8M |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.12M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
+$1.62M |
| 4 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.09M |
| 5 |
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 |
Merit Financial Group
Alpharetta,
Georgia
|
-$379K |
| 5 |
Mackay Shields LLC
New York
|
-$303K |
EIM Hedge Fund Activity: Q2 2023 in Review
123 of the 6,389 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 1.7% from $277M 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 1.7% 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.