Eaton Vance California Municipal Bond Fund
EVM
EVM was delisted on the 24th of October, 2025.
51 hedge funds and large institutions have $105M invested in Eaton Vance California Municipal Bond Fund in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 7 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
31% more capital invested
Capital invested by funds: $80M → $105M (+$24.8M)
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
6.49% more ownership
Funds ownership: 39.93% → 46.41% (+6.5%)
4% more funds holding
Funds holding: 49 → 51 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$11.2M |
| 2 |
SCM
Saba Capital Management
New York
|
+$5.42M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.21M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$963K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$595K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$3.31M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.62M |
| 3 |
Morgan Stanley
New York
|
-$1.22M |
| 4 |
EW
Evoke Wealth
Los Angeles,
California
|
-$831K |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$534K |
EVM Hedge Fund Activity: Q4 2023 in Review
51 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance California Municipal Bond Fund (EVM) for Q4 2023, worth a combined $105M — up 31% from $80M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EVM positions and 7 closed out — a net gain of 2 holders — while 21 added to existing stakes and 12 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $11.2M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $3.31M sold.
- 51 institutional investors held Eaton Vance California Municipal Bond Fund (EVM) as of Q4 2023, up from 49 in Q3 2023.
- Funds reported $105M of Eaton Vance California Municipal Bond Fund stock for Q4 2023, up 31% quarter-over-quarter.
- 9 funds opened new Eaton Vance California Municipal Bond Fund positions in Q4 2023 and 7 closed out, a net change of +2 holders.
- The largest Eaton Vance California Municipal Bond Fund buyer in Q4 2023 was Sit Investment Associates, an estimated $11.2M added.
- The largest Eaton Vance California Municipal Bond Fund seller in Q4 2023 was Fiera Capital (Canada), an estimated $3.31M sold.
Based on aggregated 13F filings for Q4 2023.