Eaton Vance Municipal Income Trust
EVN
41 hedge funds and large institutions have $28.9M invested in Eaton Vance Municipal Income Trust in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
14% more funds holding
Funds holding: 36 → 41 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.28% less ownership
Funds ownership: 9.96% → 9.68% (-0.28%)
14% less capital invested
Capital invested by funds: $33.7M → $28.9M (-$4.8M)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$1.57M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$934K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$912K |
| 4 |
Cohen & Steers
New York
|
+$606K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$515K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.09M |
| 2 |
Morgan Stanley
New York
|
-$1.83M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$949K |
| 4 |
WFG
Wills Financial Group
Richmond,
Virginia
|
-$551K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$456K |
EVN Hedge Fund Activity: Q4 2016 in Review
41 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q4 2016, worth a combined $28.9M — down 14% from $33.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new EVN positions and 5 closed out — a net gain of 5 holders — while 10 added to existing stakes and 14 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $1.57M. The largest seller was Guggenheim Capital, cutting an estimated $2.09M.
- 41 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q4 2016, up from 36 in Q3 2016.
- Funds reported $28.9M of Eaton Vance Municipal Income Trust stock for Q4 2016, down 14% quarter-over-quarter.
- 10 funds opened new Eaton Vance Municipal Income Trust positions in Q4 2016 and 5 closed out, a net change of +5 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q4 2016 was Bessemer Group, an estimated $1.57M added.
- The largest Eaton Vance Municipal Income Trust seller in Q4 2016 was Guggenheim Capital, an estimated $2.09M sold.
Based on aggregated 13F filings for Q4 2016.